“Options data suggests a broader trading range in between 17100 to 17800 zones while an immediate trading range in between 17400 to 17700 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said.

In the NSE list of stocks, seven stocks with a market cap of over Rs 1,000 crore have been witnessing Death Crossovers, according to stockedge.com's technical scan data. The death cross is a technical indicator of bearishness. The death cross appears on a chart when a stock’s short-term simple moving average (SMA) crosses below its long-term moving average on the downside. The 50-day SMA of these stocks crossed below their 200-day SMAs on April 5. Take a look:

Sensex falls over 100 points ahead of RBI policy decision; Nifty below 17,550; DMart, Cyient shed 2% each; Dhani Services, Ujjivan Small Finance Bank, Cholamandalam are some of the top gainers in morning trade.

"ITC is one of the largest diversified consumptions play in India with presence in businesses such as cigarettes, FMCG, hotels, and paper. The company is the market leader in the domestic cigarette industry, which is its cash cow business. We have a Buy rating on the stock with PT of Rs450," Kaustubh Pawaskar, Deputy VP Fundamental Research at Sharekhan by BNP Paribas

ET Now spoke to various experts and here's what they have to recommend for today's trading session. Kunal Bothra has a buy/sell recommendation on L&T and Bajaj Auto while Nooresh Merani has a buy/sell recommendation on Mahanagar Gas and Indian Hotels for today's trading session. Check out the targets and stoploss.

The price of this company had formed a top at Rs 677 on December 22 and has been sliding lower gradually since then. The price has given a breakout of the upper trendline of a falling-parallel channel, within which it is consolidating since February. The breakout in price is accompanied by a rise in volume, which increases the reliability of the breakout.

Nifty futures on the Singapore Exchange traded 40.5 points, or 0.23 per cent, lower at 17,584.50, signaling that Dalal Street was headed for negative start on Thursday. Here are some stocks which are expected to see some action in trade today.

The markets on Wednesday were influenced strongly by short covering, with the net Open Interest in derivatives showing a decline. The Nifty ended the day with an almost one percent rise and near its high point.

The company recorded its highest-ever quarterly mined metal production at 301 kt since UG transition in the fourth quarter, driven by higher ore production and improved mined metal grades.

As signs have built this week for a sharp U.S. slowdown, traders have been pricing for a more dovish Fed. Money markets now see the odds of a further quarter point hike at the May meeting versus a pause as a coin toss. And 71 basis points of easing are priced by year-end.

The code for advertisements from advisers covers traditional communication channels as well as all electronic, wired, or wireless communication such as e-mail, messaging platforms, social media platforms, radio, telephone, or any other form over the internet.

The First Horizon deal would catapult TD to the sixth-biggest commercial bank in the U.S. from the tenth-largest now, according to the Federal Reserve. The next-largest Canadian bank in the U.S. is BMO, which is number 23 on the list.

If it sustains above the level of Rs 1750 on a closing basis, then we can expect further upside movement. On the downside, the level of Rs 1550 can act as a major support. One can go for buy on dip strategy in this.

Among stocks that kept the Dow Jones Industrial Average in positive territory, Johnson & Johnson rallied 4.5% after its $8.9 billion offer to settle talc-related lawsuits gained the support of thousands of claimants, easing an overhang on its plans to list consumer health unit Kenvue.

Avenue Supermarts, which operates retail chain DMart, has reported Rs 10,337 crore standalone revenue for the fourth quarter ending March.

If included, LTI Mindtree will see an inflow of ₹1,400 crore or $170 million, while Adani Enterprises could see around ₹1,000 crore or $120 million worth of shares being bought by passive funds, said analysts.

Phoenix ARC bought two loan portfolios from Bandhan Bank worth over ₹4,900 crore for ₹740 crore, equating to a recovery of 15%. Bandhan Bank ran a Swiss Challenge based on the anchor offer from Phoenix ARC on March 27 but did not receive any counter bids. Phoenix gave a binding bid of ₹369.20 crore for the written-off portfolio and ₹370.62 crore for the NPA portfolio, based on a security receipts (SR) consideration basis.

The group has already pledged close to 9% of its 18.37% stake in Tata Sons. After this latest transaction, the entire stake, currently valued at close to ₹94,000 crore, will be pledged to lenders including two foreign banks and several overseas hedge and credit funds.

In a petition filed before the court, the RP said that Morakhia had sought to "sell, assign and transfer" the brand content and trademarks of the company to privately owned Fun Gateway Arena just 18 days before the company was admitted into the insolvency process.

The firm said a longer period of higher interest rates, lack of buffers, the risk of monsoon, and stagnant economic growth are the factors that could cap Nifty upside at 18,000-18,500.

The stock hit a 52-week high of Rs 4,130 on September 1, 2022, but failed to hold on to the resistance

Financials, technology, and consumer stocks led Wednesday's gains even as softer US economic data - weaker-than-expected factory output and job openings - and the bankruptcy filing by Virgin Orbit halted the four-day winning streak on Wall Street.

Its total sales were 7.59 MT, down 3.43 per cent over 7.86 MT in the same quarter of 2021-22

Dow up 81 points, S&P 500 down 13.72 points, and the Nasdaq Composite falls 145.17 points

“Bajaj Auto stock price witnessed good buying interest in Monday’s session on breakout as the volumes increased gradually. The RSI oscillator in the daily, as well as the weekly charts, has given a positive crossover indicating a bullish momentum,” Ruchit Jain, Lead Research, 5paisa.com, said.

The Securities and Exchange Board of India (Sebi) has issued an advertising code for investment advisers and research analysts aimed at stopping potentially misleading statements that exploit investors' lack of experience and understanding about the market. Advisers and analysts have been banned from using superlative terms and technical or legal jargon in their advertising, and are not allowed to make misleading statements or promises of assured returns. The new rules come into force on 1 May and are designed to further strengthen the conduct of investment advisers and research analysts. Copies of advertisements must be kept for five years.

National Stock Exchange (NSE) has cautioned investors to be wary of two individuals associated with Piramid Solution and Wings2Trade. The individuals, Archana Patel and Naga Rathnam, have been offering to handle trading accounts and asking investors to share user IDs and passwords, which is illegal. Patel has been offering guaranteed returns on investments, which is also illegal, the NSE said. The NSE asked investors not to subscribe to any products or schemes that offer guaranteed returns in the stock market, a violation of law that carries its own risks and consequences.

The BPC business saw higher year-on-year growth rates in the March quarter compared to the year-on-year growth seen in the December quarter.

The New York Knicks are focusing on a tune-up for the playoffs, visiting the Indiana Pacers on Wednesday night in the first of two matches in five days before facing the Cleveland Cavaliers in the first round of the postseason. Coach Tom Thibodeau said it was "hypothetical" to plan for his team's final three games, while Julius Randle will miss the remainder of the regular season due to a sprained left ankle, and Jalen Brunson has suffered hand and foot injuries. The Pacers have missed the playoffs three years straight despite showing improvement, and coach Rick Carlisle hopes to look ahead to a big summer for their rebuilding effort.

Goldman Sachs has been fined $3m by its self-funded regulator, the Financial Industry Regulatory Authority, over inaccurate marking of share sales, trade-reporting violations and a failure to maintain satisfactory supervisory rules. Mistakenly marked orders were caused by the omission of a single line of computer code during software upgrades, from October 2015 to April 2018, and resulted in around 60 million short sale orders, representing roughly 1% of sell principal orders during the period, being marked as "long", with nearly 8 million executed. Over 12,000 of the executed orders violated short sale circuit breakers.

In the past, a steep increase in taxes often led to a rise in the illicit cigarette sales thereby affecting ITC’s cigarette volume. Over the past three years, however, the extent of duty increase was relatively benign, aiding a recovery in ITC’s volume. After reporting a drop in the volume growth between FY18 and FY21, the company recorded a growth of 8% in the December 2022 quarter. The three-year average volume growth was 7%.

The recent global developments will weigh heavily during the policy decision making by the MPC. The G3 central banks have delivered as per the previous forward guidance

During the past 5 days, FIIs have invested a total of Rs 5,708 crore. However, they are still net sellers at Rs 22,000 crore so far this year on a year-to-date basis.

Goldman Sachs' Timothy Moe has released a note on Nifty, where he expects the index to reach 20,000 in a year. ET Now's Pankaj Poddar is here with the details.

On Wednesday, the benchmark index Sensex rallied 583 points to reach the 59,689 level. In tune with this upward trend, 6 stocks belonging to the BSE consumer discretionary index reached new 52-week highs, which is considered a crucial technical indicator by some traders and investors to evaluate a stock's current worth and predict its future price movements. The 52-week high indicates the highest price at which a stock has traded during the past year.

The dollar hovered around two-month lows against six other currencies. In contrast, the New Zealand dollar rallied after its central bank unexpectedly raised interest rates by 50bps to a more than 14-year high of 5.25%. The response exceeds market expectations, in which the bank's move to raise rates by 25bps would be more likely. The US employment report on Friday may also significantly affect market activity in the coming days.

Of Zerodha's strong customer base, 2.5 million are F&O users and 1.5 million are active F&O traders. According to a report by HDFC Securities, Zerodha is likely to report a 12% jump in its net profit at Rs 2,500 crore

Cleveland Federal Reserve Bank President Loretta Mester has said it was too early to tell whether the US central bank would raise its benchmark interest rate at its next policy meeting in early May. Mester said she still saw "somewhat more persistent" inflation than the median forecast of her colleagues, and pointed to uncertainty over the duration and magnitude of recent financial sector difficulties. In March, the Fed raised interest rates to between 4.75% and 5%, indicating there may not be another peak rate rise.

Johnson & Johnson's shares increased 3% on Wednesday after the company received the support of around 60,000 people for its $8.9 billion settlement to resolve talc-related lawsuits, which could bring an end to the case. Analysts were positive about the settlement that is significantly larger than the original offer of $2 billion. J&J said the settlement would enable it to proceed with its plans to list its consumer health unit Kenvue. The company also condemned the actions of plaintiffs' lawyers, saying that the talc claims lacked scientific merit.

Dow up 57.17 points, S&P 500 down 6.16 points, and Nasdaq Composite slips 61.98 points

Shrugging off weak global cues, the benchmark indices closed in positive territory for the fourth straight trading session on the back of gains in IT and financial shares. A day ahead of the Reserve Bank of India's monetary policy review, the 30-share BSE Sensex surged 583 points to settle at the nearly four-week high of 59,689.31. Nifty ended above 17,550 points. The RBI is expected to announce a 25 basis point rate hike in its policy announcement on Thursday before taking a pause, which is expected to be a positive for the market.“Although we believe that the market's short-term structure is strong, transitory overbought situations may cause some profit-taking at higher levels. The current resistance level for day traders would be 17,600-17,650, while the important support area would be 17,450-17,400. The uptrend would be at risk if it fell below the 17,400 level,” said Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities.Here are stock recommendations for Thursday:

Kaustubh Belapurkar of Morningstar India tells you the important things to keep in mind if you want to invest in the US Stock Market.

Price trends, a very important tool when it comes to technical analysis, is something we all have heard of. In this video, Neha Vashishth of ET markets talks about the 6 techniques used for identifying trends. Watch!

Fear gauge index India VIX was down by 1.33% from 12.58 to 12.41 levels. Volatility has been falling from the last five trading sessions and giving comfort to the bulls.

In January, February and March, index funds saw inflows worth Rs 6,736.52 crore, 5,813.16 and 6,244.30, respectively, in as many as 146, 152 and 163 schemes, respectively, according to data released by Association of Mutual Funds in India (Amfi).

Bonus shares are fully paid additional shares issued by a company to its existing shareholders. When a firm issues bonus shares, its shareholders do not have to incur any extra costs to get them. The number of bonus shares you receive depends on the number of shares of the firm you already hold.

On a closing basis, 17,555 level will be crucial to watch out for on Nifty50, and if this is crossed, then the next major target is 17,700, Palviya said.

Closing Bell: Sensex extends winning run to 4th session, jumps 583 pts; Nifty tops 17,550; Nykaa rallies 8%, HDFC Bank 3%.

European stocks slipped slightly on Wednesday as weak economic data raised concerns about the euro zone's economic recovery. The pan-European STOXX 600 index fell by 0.2%, while industrial goods and services firms fell by 1.6%, and the utilities sector climbed 1.4%. Despite a promising start to the year, European stocks experienced their worst March since 2020 due to mixed economic data and fears of a recession. Euro zone government bond yields rose after the European Central Bank warned of the need for stronger monetary policy measures if the area ends up in a wage-price spiral.

In Q4FY23, consumer electrical companies continued to see weak consumer sentiment, according to Phillip Capital. The report also highlighted that primary volumes were weak in January 2023 but saw a strong pickup in February 2022 for seasonal products such as fans and A/Cs due to early summer. However, unseasonal rains in March 2023 affected the volumes. While the B2B portfolio continues to witness growth, the B2C portfolio is lagging. ETMarkets filtered out 5 stocks from the consumer electricals pack that gained between 15-100% in the past year. Interestingly, Phillip Capital is optimistic about these five stocks and has recommended a "BUY" call.