Hikal, meanwhile, has declared an interim dividend of Re 0.60, for which the shares will be ex-date on Tuesday. The company has paid a dividend of Rs 1.6 per share in the last one year. This results in a dividend yield of 0.48% at the current share price.

TVS Motors is currently trading at Rs 1,069 and is trending upward while maintaining trendline support. For the past five months, TVS has seen good price and time consolidation and is currently fluctuating between Rs 975 and 1175, the brokerage said, adding that the stock can be bought around Rs 1,069 zone and adding till Rs 1,040 with a target of Rs 1,170–1,210. Below Rs 1,010 levels, Choice Broking said the view will be negated.

The net purchase value has been calculated by multiplying the difference in the September and December quarter shareholding to the average closing price during the quarter, the database management firm said.

"Vinati Organics’ operates in niche segments of ATBS/IBB and holds a dominant global market share of >65% in these products. We have a Buy rating on Vinati Organics with a target of Rs. 2,500," says Abhijeet Bora, DVP Research Analyst at Sharekhan by BNP Paribas.

The markets are still in their mildly declining state, with the Nifty ending the day with a net loss. The broader markets continue to offer stock-specific opportunities, though.

India VIX moved up by 7.38% from 12.75 to 13.68 levels on Monday. Volatility negated its lower highs formation of the last 7 trading sessions and now needs to cool down for market stability to resume. On the options front, the weekly maximum Call OI is placed at 18000 and then towards 17800 strikes while the maximum Put OI is placed at 17800 and then towards 17500 strikes.

Adani Enterprises and Adani Ports and Special Economic Zone that are part of the Nifty50 index, have an overall weightage close to 1%. Along with these two stocks, Adani Transmission and Adani Green Energy that are part of the Nifty 100 index, have an overall weightage of 2.1%.

Opening Bell: Sensex gains over 200 points, Nifty above 17,800; Adani Power drops 5%, Nykaa 4%

Out of the 10 Adani stocks listed on stock exchanges, only Adani Ports was trading marginally higher and all other nine stocks were blinking red.

Sectorally, Nifty IT rose 1.03% and Nifty Metal surged 0.32%. Whereas, Nifty Auto and Nifty Pharma opened lower. In the broader market, Nifty Smallcap50 rose 0.10%, while Nifty Midcap50 dropped 0.20%.

Bharat Forge’s daily trend is sideways. RSI for daily is indicating a sideways trend, however, weekly and monthly are showing bullish strength. Based on option chain analysis, the range is between 800 and 900. Let’s plan a trade around this.

Its stock has quadrupled between March 2020 and April 2022. However, since then the price has lost its momentum and is stuck in a range of Rs 2,100 and Rs 2,800. The price has now formed a bearish engulfing candlestick pattern which suggests bearishness in the short term. The engulfing also confirms the formation of a lower high on the daily chart.

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 L&T and NTPC, while Shilpa Rout has a buy/sell recommendation on MCX and Glenmark for today's trading session. Check out the targets and stop loss

Shares of smallcap Brightcom Group, a digital marketing company, had a gravity-defying rally in 2021. The stock is still up over 800% in the last 5 years but has gone down over 77% from its 52-week high level. Brightcom hardly has any analyst coverage. As on December-end, the public shareholding stood at 66.91%.

The February futures contract of Nifty 50 traded on the Singapore Exchange indicates a positive start to domestic equities. The contract was trading at 17,820, up 31 points or 0.17% from the previous close.

Analysts expect headline CPI to rise 0.5% in January, with the core number seen advancing to 0.4% from 0.3% the previous month, according to a Reuters poll. On an annual basis, CPI likely eased to 6.2%, from 6.5% in December.

However, volume on U.S. exchanges was relatively light, with 9.5 billion shares traded, compared to an average of 11.9 billion shares over the previous 20 sessions. So far in this year, the S&P 500 has gained about 8%, and the index remains down about 14% from its record high close in January 2022.

Option data suggests a broader trading range in between 17400 to 18200 zones while an immediate trading range in between 17650 to 17950 zones.

Nykaa reported 68% year-on-year fall in consolidated net profit at Rs 9 crore for the quarter ended December. Revenue from operations, meanwhile, surged 33% year-on-year to Rs 1,462 crore for the quarter under review.

In a note, the firm said RIL's valuations fell below the long-term average after the recent correction. It advised clients to 'buy' the shares with a price target of ₹3,100. Shares of RIL closed at ₹2,324.60 apiece on the NSE on Monday, down 0.5% from the previous close.

The Supreme Court last week sought the government's views on whether the regulatory regime needs a review, suggesting an expert panel headed by a former judge on the matter.

Stocks bearing the Adani name appear in more than 500 so-called Article 8 funds that are supposed to “promote” environmental, social and governance goals under European Union rules, data compiled by Bloomberg show. About 80 of those exposures are via direct holdings, while the rest are mainly through funds of funds or index trackers, according to the data, which correct for duplicate holdings.

The company has also announced the issuance of one million RuPay JCB Cards in India. These credit and debit cards, issued by 12 public and private sector banks and co-badged as RuPay JCB Cards, offer their members a seamless payment experience within and outside India.

EKI Energy shares ended at ₹877.75 with no buyers. The stock was listed on April 7, 2021, at ₹35 (adjusted for bonus) and hit a record high of ₹3,149.98 on January 24. It has declined 72% since then.

Senior representatives of the group, led by chairman Gautam Adani, Group CFO Jugeshinder Singh and other executives have been in the Middle East for the past week. Meetings have also been held with Abu Dhabi Investment Authority (ADIA) and other sovereign wealth funds (SWF) of Abu Dhabi, those cited above told ET.

​​As on December 2022, Baring Private Equity held a 39.99% stake in the company through its firm HULST BV. The private equity firm acquired about 70% stake in Coforge in 2019. In March last year, the PE firm sold 10% for ₹2,560 crore.

Of the 44 analysts, 18 of them have a 'sell' rating while 15 remain neutral. On aggregate, analysts slashed consensus price targets by 4.35% to ₹708.29, showed a Bloomberg poll of analysts.

Adani Enterprises, Adani Transmission, Adani Total Gas and ACC could see outflows of $425 million or about ₹3,450 crore by the end of this month when the MSCI index adjustments come into effect.

The capital markets regulator made these comment in a report sought by the Supreme Court late last week in response to a public interest litigation (PIL) asking for an inquiry into the sell-off in Adani stocks triggered by the Hindenburg report.

The stock hit a 52-week high of Rs 3,154 on 18 February 2022 but it failed to hold on to the momentum. The stock closed at Rs 2,023 on 10th February which translates into a downside of 36%.

"Aavas Financiers has been in strong uptrend since it got listed on Indian bourses in 2019. The stock is trading in a strong rising channel. The price had witnessed significant correction from 3000 levels to around 1800 levels," Gaurav Bissa, VP, InCred Equities, said.

Hulst B V sold 60,00,000 shares of Coforge at Rs 4,050 apiece through a bulk deal on the National Stock Exchange. This is a sharp discount of 6.5% from Friday’s closing price. On Monday, the stock ended nearly 7% down at Rs 4,032.25 on the NSE.

On Monday, the Indian stock market closed lower, with widespread selling observed across most sectors. The BSE benchmark Sensex ended 251 points lower at 60,432. However, amidst the decline, 10 stocks from the BSE 500 index hit new 52-week highs. The 52-week high is the highest price at which a stock has traded during the last year. Some traders and investors use this technical indicator as an important factor for analysing a stock's current value and for predicting its future price movement.

The Dow Jones Industrial Average rose 18.12 points, or 0.05%, at the open to 33,887.39.

The five-day event will focus on displaying indigenous equipment/technologies and forging partnerships with foreign companies.The theme of Aero India 2023 is "The Runway to a Billion Opportunities".

The rationale behind the split of equity shares is to enhance the liquidity of the company’s equity shares in the stock market and widen the shareholders base by making the equity shares more affordable to small investors.

Ahead of the domestic inflation print later today, Indian indices ended lower, with Nifty dropping around 0.5% to 17,770 levels. Sectorally, all indices except for the Nifty FMCG ended with a cut, with Nifty PSU Bank recording falling over 2%.“In response to rising bond yields and the dollar index, the domestic market is experiencing a broad-based sell-off, with IT and PSBs at the forefront. Clampdown on Adani Group is adding anxiety to the domestic market. Domestic inflation is expected to rise from its 12-month low of 5.7% in December, nudged up by higher food inflation, while US inflation is expected to fall further from its December low of 6.5%, alleviating concerns about US rate hikes.However, interest rates are expected to stay high in 2023 and elevated yields will be a discomfort for equity,” Vinod Nair, Head of Research at Geojit Financial Services, said.Here are stock recommendations for Tuesday:

Since last week, Nifty has been range-bound, and until we get a decisive move above the zone of 17850 – 17900, the range-bound action is likely to continue. The daily momentum indicator has a positive crossover which is a buy signal and also suggests that this dip should be bought into. Overall, we expect the Nifty to test the upper end (18100) of the downward-sloping channel from a short-term perspective.

The Securities and Exchange Board of India (SEBI) told India's Supreme Court that it was inquiring into market activity immediately before and after Hindenburg Research published its repor

GRSE posted a total income of Rs 749.38 crore in the quarter ended December 2022 as against Rs 530.86 crore during the quarter ended December 2021, recording a gain of 41%. The company's EPS stood at Rs 5.58 for Q3FY23 as compared to Rs 5.49 for the period Q3FY22.

"Balance sheet of each of our impendent portfolio companies is very healthy. We have industry-leading development capabilities, strong corporate governance, secure assets, strong cashflows, and our business plan is fully funded," Adani Group spokesperson said in a statement.

The company's net profit has more than doubled to Rs 2.17 crore for the December quarter. It was Rs 1.07 crore in the previous year period. On a sequential basis, the profit rose 95% from Rs 1.11 crore reported in the preceding September quarter

The 30-share BSE benchmark Sensex declined 251 points or 0.41% to settle at 60,432. The broader NSE Nifty dropped 93 points or 0.52% to end at 17,763.

Losses in IT, financials drag Sensex 251 points lower; Nifty below 17,800; Coforge drops 7%, SBI 3%; Sun Pharma, Oil India, Future Consumer , Glenmark Pharma are some of the top gainers in closing trade.

Banco Products, commanding an m-cap of Rs 1688 crore, has established a niche for itself in the business of engine cooling and sealing systems for both automotive as well as industrial applications. The company got listed on the stock exchanges in 1987.

European shares posted their first weekly decline in three on Friday, with analysts now pointing to bonds as a viable alternative to equities as a surge in U.S. Treasury yields made them more attractive

In Q3FY23, Cochin Shipyard recorded a profit of Rs 110.40 crore compared to Rs 129.38 crore in Q3FY22, representing a fall of 14%. The company posted a profit before tax (PBT) of Rs 140.46 crore compared to Rs 175.04 crore in the year-ago quarter, representing a fall of 19.75% YoY

The company's net profit dropped to Rs 1.04 crore for the three months ended December period, compared with Rs 1.14 crore in the corresponding period of last year. Meanwhile, revenue from operations, during the said quarter more than doubled to Rs 5.4 crore as against Rs 2.1 crore in the same quarter of last year.

Hem Securities' India Rising SME Stars fund, which is just 11 months old, managed a monthly return of over 3%. The PMS fund focused on smallcaps and SME stocks has been among the top performers in the last few months. The six-month return of the fund is an impressive 47.57%

Chip equipment maker Tokyo Electron slipped 4.39%, becoming the biggest drag on the Nikkei. Its peer Advantest fell 1.57%, while technology investor SoftBank Group lost 1.12%