In January 2023, its price made a failed attempt to cross its September 2022 level. The Price was facing overhead supply from its September peak. Thereafter, it has formed lower highs and lower lows. Recently, the price has closed below its previous swing low near Rs 360, which suggests that further weakness is expected in the upcoming days.

ET Now spoke to various experts and here's what they have to recommend for today's trading session. Nooresh Merani has a buy/sell recommendation on GAIL and IGL while Kunal Bothra has a buy/sell recommendation on TCS and Bajaj Auto for today's trading session. Check out the targets and stoploss.

Nifty futures on the Singapore Exchange traded 43.5 points, or 0.25 per cent, higher at 17,679.50, signaling that Dalal Street was headed for a positive start on Thursday. Here are some stocks which are expected to see some action in trade today.

The markets remain very weak on Wednesday, with the Nifty opening on a negative note and hitting further lows throughout the day, eventually closing down sharply. Remaining invested in low-beta stocks is the way to go in such tough times.

MSCI's broadest index of Asia-Pacific shares outside Japan touched its lowest since Jan. 6 in early trade. It ground 0.5% higher as the morning wore on. Nasdaq futures rose 0.9% after a revenue beat at chip designer Nvidia sent its shares up 9% after-hours.

Tata Tele Business Services Limited, known as Tata Tele Services Limited, is an Indian broadband, telecommunications, and cloud service provider based in Mumbai. It is a subsidiary of the Tata Group, an Indian conglomerate.

However, a general weakening in the final hour of trading pushed both the S&P 500 and the Dow Jones Industrial back into the red. The Nasdaq Composite managed to scrape back into positive territory though in the final moments, ensuring its own losing streak was snapped at three.

Orient Cement has entered into a non-binding agreement with Adani Power Maharashtra for setting out the understanding for facilitating bona fide use of land identified for exploring the possibility of establishing a cement grinding unit in Maharashtra's Tiroda.

This is the right time for India to attract investment amid a global diversification of supply chains and manufacturing, he told ET in an interview, calling for a focus on making the country competitive. Malpass is in India to attend a meeting of G20 finance ministers and central bank governors. He met Prime Minister Narendra Modi and finance minister Nirmala Sitharaman on Wednesday.

A report this week that JD.com Inc. is launching a subsidy campaign to fight back against the advances of rival PDD Holdings Inc. sent fresh shivers through the sector, slamming shares in both firms and their larger e-commerce rival Alibaba Group Holding Ltd. Together, the three companies lost $33 billion of market value in US trading on Tuesday, according to data compiled by Bloomberg.

At the crux of the issue is a Right to Information (RTI) application filed by New Delhi-based Subhash Chandra Agarwal with Sebi seeking access to annual inspection documents of the NSE from FY13 to FY20. In 2021, Agarwal also sought information pertaining to the role of Sebi in appointing public interest directors at NSE.

The manufacturer of the RV400 electric motorcycle is scouting for locations in Haryana, Bhiwadi (Rajasthan) and Noida (Uttar Pradesh) for the second unit, as it intends to scale up exports and increase the availability of products in the South Indian markets.

The Mumbai-based non-banking finance company (NBFC) has also offered an additional upfront payment of ₹250 crore over and above its original amount of ₹3,240 crore in a petition filed before the court. The next date for the hearing is set for February 28.

​​The group shed nearly Rs 53,000 crore in market value to Rs 7.55 lakh crore on Wednesday after its stocks dropped between 4% and 11%. The group’s flagship, Adani Enterprises, declined 11% to close at Rs 1,400.85, whereas Adani Ports fell 6.72% to end at `544. Adani Power, Adani Transmission, Adani Green Energy, Adani Wilmar, and Adani Total Gas, dropped 5% — the lowest tradable limit of the day.

The Mumbai bench of the National Company Law Tribunal (NCLT), in two separate applications filed by the IndusInd Bank, has appointed Sanjeev Kumar Jalan and Mohit Mehra as resolution professionals for Zee Entertainment and Siti Network respectively. Jalan is a partner at BDO India in its restructuring practice.

People aware of the development said Carlyle will take an equity stake of around 5% in the company. SpiceJet will also issue Convertible Debentures in its newly- formed logistics arm SpiceXpress, which Carlyle can convert to equity at a future date. As part of this exercise, SpiceJet has valued its freighter business at $1 billion.

The real rate is positive and excessive tightening may hurt growth according to majority of external members - Ashima Goyal and Jayanth Varma- of the Reserve Bank's Monetary Policy Committee who voted for a pause in the policy rate revision.

​The stock hit a 52-week high of Rs 7,326 on September 14, 2022, but failed to hold on to the momentum and saw a vertical fall which pushed the stock towards Rs 4,400 levels for the first time since June 2022

The minutes also said "almost all" officials agreed it was appropriate to raise interest rates by 25 basis points at the meeting, while "a few" favored or could have supported a bigger 50 basis-point hike.

The Sensex slipped below 60,000-mark and the Nifty breached its crucial support of 17,600 led by fall in financials, metals, and energy stocks. Investors are awaiting the minutes of the US central bank's latest policy meeting due tonight for insights on the Fed's interest rate outlook

U.S. stocks shed more than 2% on Tuesday after a rebound in business activity in February stoked fears of interest rates staying higher for longer.

Eshwar Karra, CEO – Kotak Special Situations Fund at Kotak Investment Advisors said, We are delighted to partner with Biocon and this acquisition financing supports Biocon’s journey of becoming a world leading, fully integrated biosimilars enterprise.

The benchmark index Sensex crashed 928 points to 59,744 on Wednesday, During this free fall in the market, five stocks from the BSE financial services index slipped to their new 52-week lows.The 52-week low is the least price at which a stock has traded during the last year. Some traders and investors use this technical indicator as an important factor to analyse a stock’s current value and to predict its future price movement.

These disclosures require issuers and lead managers to provide access to material contracts and documents for inspection through online means apart from inspection at the registered office.Also, they should provide complete industry report as part of material documents for inspection both through offline and online modes and display draft offer document and offer document on the website of issuer company

"Fine Organic Industries stock has seen a price-wise correction in last four months, but if we look at the price volumes-action then the correction did not witness any high volumes compared to what we witnessed in its uptrend," Ruchit Jain, Lead Research, 5paisa.com, said.

Venture capital firm Internet Fund III Pte, through which Tiger Global, holds a stake in the logistics services provider, sold 1,23,63,060 shares at Rs 335.06 apiece, bulk deals data showed.

Eshwar Karra, CEO – Kotak Special Situations Fund at Kotak Investment Advisors said, We are delighted to partner with Biocon and this acquisition financing supports Biocon’s journey of becoming a world leading, fully integrated biosimilars enterprise.

The Dow Jones Industrial Average rose 39.74 points, or 0.12%, at the open to 33,169.33

The search engine giant, which generates most of its revenue from online ads, is seeing advertisers return after China lifted its zero-COVID policies last year in a boost to the country's economic prospects

Indian shares fell for the fourth session in a row on Wednesday and recorded their worst day in over three weeks after strong US data fuelled worries about higher-for-longer interest rates. Sensex crashed 928 points or 1.53%, while Nifty ended at around 17,550 levels, with a cut of 272 points — its lowest in over four months. In a broad based sell-off, all sectors ended in the red, with Nifty Metal dropping the most by 2.6%.“By closing below 17,604, Nifty has made a fresh lower bottom on the daily line chart, which indicates continuation of a bearish trend. Support for the Nifty is seen at 17,353, which happens to be budget day low. Previous support of 17,719 is expected to act as a resistance going forward,” said Devarsh Vakil - Deputy Head Retail Research, HDFC Securities.Here are stock recommendations for Thursday:

​The MSCI India Index slid 1.5%, taking its losses from a Dec. 1 peak to more than 10%. Eight of the 10 Adani-linked stocks are part of the measure. They were the biggest decliners on the index on Wednesday.

The total FDI inflows, which includes equity inflows, re-invested earnings and other capital, declined to USD 55.27 billion during the nine months of the current fiscal year as against USD 60.4 billion in the year-ago period

In Q3FY23, Visaka Industries reported an 86% decline in its net profit to Rs 3.71 crore as against Rs 24.03 crore during the previous quarter ended in December 2021. Its sales stood at Rs 354.76 crore in the quarter that ended December 2022 as against Rs 353.82 crore during the previous quarter that ended December 2021

Markets were ending in the red for the past four days and investors were left poorer by Rs 6 lakh crore amid concerns that the Fed may remain hawkish for a longer duration than expected, which may even force RBI to keep interest rates high

V K Mathews, Executive Chairman of IBS Software, termed the acquisition as a "strategically important milestone" for his company's cargo and logistics business and to broaden its global footprint.

Chart readers have observed the formation of overlapping candles during the ongoing weakness and the absence of a sharp decline from the swing highs of February 16, indicating possibility of an upside bounce to emerge from the lows

ESG schemes under the proposed new category should be permitted with a minimum 80 per cent investment of total assets in equity or debt stocks of a particular theme as per the sub-categories. However, the residual portion of the investment should not be starkly in contrast to the philosophy of the scheme

Some of the key trends from the recently concluded quarter include easing inflationary pressure, bottoming out of weakness in rural demand, and services exports relatively untouched from the impact of slowdown in developing market economies

Closing Bell: Sensex crashes 928 pts, Nifty settles below 17,600; Adani Ent tanks 11%, Delhivery 4%.

Delhivery to continue holding its market share in express parcels with growth driven by rising online penetration in retail and the rise of new e-commerce business models.

The combined market capitalization of primary listings in the UK, excluding ETFs and ADRs, reached about $3.11 trillion on Tuesday, some $5.1 billion higher than their Indian equivalents, according to data compiled by Bloomberg. That hasn’t happened since May 29.

The regulator said it has come across instances where founders have entered into shareholder agreements with listed entities that in turn impose restrictions on companies.Such rights are against the fundamental principles of corporate governance and shareholder democracy, according to the regulator

Overall, the brokerage expects the fourth quarter to be relatively better compared to the third quarter and the momentum to improve at the start of next fiscal. It is positive on HUL, Britannia and ITC in the large consumer goods space.

National Stock Exchange or NSE has extended the trading hours for interest rate derivatives. But what does it mean? How will it change things for retail investors...? Let's find out...

Wall Street short-seller Hindenburg Research had warned against price manipulation and accounting fraud by the group. Market regulator Sebi, which is already probing allegations made against the group, has now sought details of all ratings of local loans and securities of group companies from credit rating firms

Today's loss in market capitalisation was at Rs 3 lakh crore as the market value of all listed companies on BSE dropped to Rs 262 lakh crore. Here are the key factors empowering bears on Dalal Street:

According to reports, 1.7% of the company’s equity worth about Rs 410 crore changed hands at a discounted price from the previous day's close. For the past five days, Delhivery shares have been on the rise, rallying 6%.

The stock is trading near overbought levels; hence, some pullback could be on the cards. The Relative Strength Index (RSI) is at 69.9. RSI below 30 is considered oversold and above 70 is considered overbought.

Suryoday was followed by Bank of Maharashtra, which saw a profit growth of 139% year-on-year to Rs 775 crore for the third quarter ended December. The same was Rs 325 crore in the corresponding quarter of last year. Bank of Maharashtra's scrip surged 40% in the last one year period.

The market cap of Bitcoin, the world's largest cryptocurrency, was around $465.38 billion. Bitcoin’s dominance is currently 42.47%, a decrease of 0.07% over the day, according to CoinMarketCap.