The first three months of 2024 were all about power stocks. Anything to do with the power sector was lapped up. Today, due to lack of price action on the street, they are not getting mentioned in the headlines. Does this have any impact on the real business conditions that are on track after a long time? The answer is no. The reality, however, is that investors who bought the likes of NPTC, SJVN, and other stocks are facing a dilemma. They put money into these stocks on the assumption that the momentum would continue. And now, because that is not happening, should they move out or put that money in their long-term investment bucket?

The Dow Jones Industrial Average hit an intraday record as small-cap stocks outperformed following a positive inflation report. The Federal Reserve is expected to focus on the labor market while continuing interest rate easing. Energy stocks led gains, while technology stocks declined. Investors are hopeful for more rate cuts.

For seven days in September, the RBI injected funds into the banking system, signaling deficit liquidity conditions caused by the combined impact of quarterly advance tax payments and monthly GST payments, which drained funds from the system.

The US economy grew by 3% in the April-June period, matching the previous quarter's performance and meeting economists' expectations. Consequently, the probability of a 50 basis point rate cut by the Fed has decreased to 49.4%, down from 61% the previous day, according to the CME’s FedWatch tool.

Morgan Stanley bought 3.42 lakh shares for a total of Rs 229 crore, while Goldman Sachs acquired 3.24 lakh shares at a cost of Rs 218 crore. Additionally, Smallcap World Fund Inc purchased 11.75 lakh shares valued at Rs 788 crore.

Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness. In Friday's trading session, five stocks witnessed a long unwinding. Here's the list:

OI change on September 27: 40.11%Stock price change: -0.35%

The government has reduced its gold bond issuance target for this fiscal year by 38% from the interim budget level to Rs 18,500 crore, according to an ET report on July 26. The redemption of previously issued bonds is estimated at Rs 3,500 crore for this fiscal year.

On Friday, India’s benchmark index Sensex dropped 264 points, closing at 85,752. During this rally, five stocks from the BSE auto sector hit their highest prices in the past year. Reaching a 52-week high is significant, as it reflects the maximum price a stock has achieved over the last 12 months, providing valuable insights for traders and investors. This milestone is essential for evaluating a stock’s current value and predicting future price trends.

BSE has updated transaction charges for Sensex and Bankex options contracts in the equity derivatives segment to Rs 3,250 per crore of premium turnover value, effective October 1, 2024. Other contracts remain unchanged. NSE also announced new transaction fees for various segments including cash market, equity futures, and currency options.

Indian market closed in the red on Friday as investors preferred to book profits at higher levels.The S&P BSE Sensex fell more than 200 points while the Nifty50 closed below 26,200 levels.

LIC has lowered its stake in Mahanagar Gas from 9.03% to 6.94% through open market transactions. LIC sold shares at Rs 1,521.31 each, totaling approximately Rs 314 crore.

The QIP issue opened on September 23, 2024, and closed on September 26, with Morgan Stanley and Goldman Sachs among the buyers.

The Dow Jones Industrial Average opened up 52.8 points, or 0.13%, at 42,227.95. The S&P 500 gained 10.0 points, or 0.17%, to 5,755.36 at the open, while the Nasdaq Composite rose 38.5 points, or 0.21%, to 18,228.78 at the start of trading.

According to the People's Bank of China, the overnight rate was cut to 2.35%, and the seven-day and one-month rates were lowered to 2.50% and 2.85%, respectively.

An abrupt move by China's leaders to prime the economy with stimulus has produced a powerful rally in the country's stocks, which have posted their biggest single-week gain in nearly 16 years.

The formation of a third consecutive long bull candle on the weekly chart indicates a bullish "three advancing soldiers" pattern, signaling the continuation of the uptrend. This pattern suggests strong upward momentum and potential for further gains in the market.

To further enhance the pictorial representation of risk, Sebi on Thursday proposed that the risk-o-meter of a mutual fund scheme be depicted using a colour scheme, a move aimed at further aiding in informed decision making by investors.

The issue was subscribed by a whopping 428 times by the NIIs while the retail category had subscribed the issue by 253 times. Meanwhile, the portion reserved for the qualified institutional buyers (QIBs) was subscribed 94 times.

The company's Chairman and Managing Director, Adhip Nath Palchaudhuri, told reporters that Balmer Lawrie plans to diversify into ethanol production, establish a free trade warehousing zone (FTWZ) in Mumbai, and upgrade its facilities.

Over the past year, Adani Group stocks have seen a remarkable rebound, with 7 out of 10 stocks gaining between 25% and 100%. This surge contributed to a 57% increase in the group's total market capitalization, rising to approximately Rs 17.15 lakh crore from Rs 10.92 lakh crore a year ago (Data Source: ACE Equity). According to Trendlyne data, a SWOT analysis reveals that most of these stocks demonstrate strong fundamentals, indicating significant potential for sustained growth, with strengths outweighing weaknesses.

PL Asset Management’s advanced quantitative models indicate a market shift towards low volatility, suggesting that less volatile securities are set to outperform. This change emphasizes that defensive factors and investment styles are currently outperforming more aggressive strategies

Sensex and Nifty ended their streak of record highs, closing in the red due to declines in heavyweight financial stocks. Sensex fell by 264 points to 85,571, while Nifty dropped 37 points to 26,178. Gains in IT and metal stocks partially offset the losses. Sequent Scientific surged over 14% after announcing a merger with Viyash Life Sciences. ​Despite the decline in blue-chip indices, the market capitalisation of all listed companies on the BSE surged by Rs 77,280 crore to Rs 477.92 lakh crore.

BPCL Share Price: Nearly 3 crore shares were traded across both exchanges throughout the day, bringing the company’s total market capitalization to Rs 1.6 lakh crore.

When valuations across the stock markets are high, one should look for sectors with macro tailwinds. Sectors and stocks with structural tailwinds do well in the long term, even if they come under pressure in the short term due to market conditions. And, remember, investing is about the long term. Healthcare is one such sector – and the numbers have clearly shown this in the last couple of years. There is one possible event risk which can hit the sector. But even if that were to happen, experience suggests it will be taken care of in the long term.

Nearly 3 crore shares were traded across both exchanges throughout the day, bringing the company’s total market capitalization to Rs 1.6 lakh crore.

Sequent Scientific and Viyash Life Sciences have announced a merger that will result in the two companies forming a combination that will create a platform with leadership in animal pharmaceuticals, end-to-end integrated capabilities across the larger global pharmaceutical market with a strong operating and research and development backbone, according to a stock exchange filing.

The warrants will be fully convertible for one fully paid-up equity share of the company, a filing to the exchanges stated. As per the filing, 25% of the issue price is payable upon subscription and allotment of the warrants, while the remaining 75% must be paid upon exercising the options against each warrant within 18 months, in one or more tranches, from the date of allotment.

Sugar stocks surged up to 8% following Food Minister Pralhad Joshi's announcement that the government is considering increasing ethanol prices and raising the minimum selling price of sugar. The rally was led by Balrampur Chini, which rose 8%. The minister also mentioned that a decision on sugar exports would depend on production estimates for the upcoming season.

The US Federal Reserve has cut interest rates by 50 basis points to address rising unemployment and bolster demand. Historically, such cuts have led to market corrections, but current US GDP growth suggests a different outcome. Indian markets, with strong GDP growth and robust liquidity, may remain resilient despite global trends.

In the T+0 settlement cycle, trades are settled on the same day they occur which means that the transfer of shares to the buyer's account and funds deposited in the seller's account happen on the same day of the trade.

Trent, the retailer from the house of Tatas, entered the Nifty today. There’s nothing new about stocks moving in and out of the Nifty – the index rebalances twice a year. But there are times when a stock moving into the Nifty should be looked at carefully as it might indicate more than what is obvious. Does the inclusion of a standalone retailer suggest that the worst is over for the sector? Also remember: It is not easy to get included in the Nifty. It requires a company to reach a certain market cap and trading volume. And that happens when there is fundamental growth in the business. So, when a company from a highly competitive sector is able to show improvement, it is time to look at other players in the same space without the baggage of bias which the street has been carrying for years.

Sequent Scientific and Viyash Life Sciences have announced a merger that will result in the two companies forming a combination that will create a platform with leadership in animal pharmaceuticals, end-to-end integrated capabilities across the larger global pharmaceutical market with a strong operating and research and development backbone, according to a stock exchange filing.

The Navratna CPSE today told exchanges that it has signed two Memorandums of Understandings (MoUs) with Maharashtra government for development of Pumped Storage Projects (PSPs) and Floating Solar Projects (FSPs) in the state.

The rupee, alongside its Asian peers, is benefiting from a "very risk-positive set up" following the Federal Reserve's jumbo rate cut and stimulus measures by China, Brad Bechtel, global head of foreign exchange at Jefferies, said.

Sugar stocks surged up to 8% following Food Minister Pralhad Joshi's announcement that the government is considering increasing ethanol prices and raising the minimum selling price of sugar. The rally was led by Balrampur Chini, which rose 8%. The minister also mentioned that a decision on sugar exports would depend on production estimates for the upcoming season.

KRN Heat Exchanger IPO Subscription Status: The IPO of KRN Heat Exchanger saw strong demand on Day 3, being subscribed 93 times overall, largely due to significant interest from non-institutional investors. By 12:30 pm, the issue was subscribed 256 times by non-institutional investors, while the retail category saw a subscription rate of 73.6 times.

Japan's Nikkei share average surged over 2% as the yen softened, following Sanae Takaichi's lead in the first round of the ruling Liberal Democratic Party's leadership election. Takaichi, a supporter of Abenomics, advocates for monetary easing and fiscal stimulus, which boosted investor sentiment. However, Shigeru Ishiba won in a run-off vote after market hours.

Sugar stocks surged up to 8% following Food Minister Pralhad Joshi's announcement that the government is considering increasing ethanol prices and raising the minimum selling price of sugar. The rally was led by Balarampur Chini, which rose 8%. The minister also mentioned that a decision on sugar exports would depend on production estimates for the upcoming season.

Without admitting or denying the SEC’s findings, GQG agreed to be censured, to cease and desist from violating the whistleblower protection rule, and to pay a $500,000 civil penalty, it said in a release.

Global brokerage Morgan Stanley has downgraded Suzlon Energy shares from "overweight" to "equal weight," resulting in a 2% drop in shares to a day's low of Rs 80.5. Despite the downgrade, Morgan Stanley increased its price target for Suzlon to Rs 88 per share, up from Rs 73, indicating a potential upside of 8% from Thursday's closing price of Rs 81.8.

Authum Investment & Infrastructure and Mahi Madhusudan Kela will acquire a 46.85% stake in Prataap Snacks for Rs 846.60 crore. The deal includes an open offer to acquire an additional 26% stake from the market. Prataap Snacks, known for its Yellow Diamond brand, will remain listed post-acquisition.

Shares of metal companies like National Aluminium and SAIL surged following China's 50 basis point cut in reserve requirements, aimed at boosting economic growth amid ongoing deflationary pressures.

HDFC Bank shares, after hitting an all-time high in July 2023 and then declining post-merger, are now nearing a breakout. The stock has shown strong positive momentum, but traders should watch for potential pullbacks. Experts suggest key support levels and potential targets for strategic trading.

Nuvama Wealth Share Price: Shares of Nuvama Wealth increased by 182% in the last one year while in the current year so far, the stock has gained 90%. According to the BSE analytics, the shares have gained 45% and 39.5% in the last 6 and 3 months respectively.

The company has set October 16 as the record date for the interim dividend. The Anil Agarwal-led company had previously announced interim dividends of Rs 20, Rs 4, and Rs 11.

In the last two years, the shares of Railtel have gone up by 345.70% and in the last three years, it went up by 268.33%.

The auto stock, a constituent of the S&P BSE Sensex, has delivered remarkable returns, surging over 94% in a year, from Rs 1,589 on September 25, 2023, to its current price of Rs 3,091. While maintaining an overall upward trajectory throughout the year, the stock has seen a minor consolidation phase since reaching a high of Rs 3,013 in June 2024.

Electrification is a global trend, gaining momentum from electric vehicles (EVs) and data centers, according to a Motilal Oswal report. Power stocks have thrived, with the 13-stock BSE Power index yielding 90% returns over the past year. Four stocks delivered multibagger gains of 221% to 103%, while others achieved high double-digit returns of 94% to 75%.

Nifty50’s September rejig takes place today and the new adjustments will be effective from Monday, September 30. Notably, Nifty 50 will welcome two new entrants with a combined weight of about 2.5%, with Trent at 1.5% and BEL at 1%, suggests a report by Nuvama Alternative. Here are the top 10 stocks to witness maximum passive fund inflow as a result of the rejig, according to Nuvama: