Reliance Power Share Price: Reliance Power shares surged 46.6% over eight sessions, hitting a 52-week high as the company plans a Rs 1,525 crore equity issuance for expansion and debt reduction.

Shares of Indian IT companies like Infosys, Wipro, and Tech Mahindra surged up to 4% after Accenture's strong Q4 results and increased revenue guidance for FY25. Analysts expect growth to improve in FY26, driven by factors such as interest rate cuts and potential changes in US corporate decision-making post-2024 elections.

Several brokerages have upgraded the target prices of various stocks over the past month. According to Trendlyne data, 7 stocks, including Bharat Forge, Emami, Triveni Turbine, and L&T Technology Services have received up to two analysts' target price upgrades in the last month. Here is a list of these stocks:

Sensex and Nifty50 hit record highs as IT gains offset financial losses, boosted by optimism after the Fed's rate cut.

On September 26, the closing prices of five stocks from the Nifty midcap pack rallied over 1% relative to the VWAP (Volume Weighted Average Price), and a shift above the VWAP suggests a potential bullish trend, according to stockedge.com's technical scan data.When the closing price rises above the VWAP, it signifies that the closing price is higher than the average price at which it was traded throughout the day, with the average being weighted by trading volume. This occurrence is often interpreted as a potential bullish signal by traders and investors. Potentially indicating positive sentiment in the market.

Several brokerages have upgraded the target prices of various stocks over the past month. According to Trendlyne data, 7 stocks, including Bharat Forge, Emami, Triveni Turbine, and L&T Technology Services have received up to two analysts' target price upgrades in the last month. Here is a list of these stocks:

The IPO season in 2024 has broken an 11-year record with fresh issues surpassing offers for sale. This trend indicates companies are raising funds for growth and expansion rather than deleveraging. Major IPOs include Ola Electric Mobility, Bajaj Housing Finance, and Firstcry. The pipeline remains strong with upcoming IPOs from Hyundai Motor India and Swiggy.

In the options market, the highest Call Open Interest (OI) is at the 27,500 strike, followed by the 27,000 strike. Meanwhile, the maximum Put OI is at the 26,000 strike, with additional interest at 25,000. Call writing is taking place at the 27,000 and 26,200 strikes, while Put writing is evident at the 26,000 and 25,000 strikes.

On Thursday, Nifty opened flat but gained momentum in the second half, reaching a record high of 26,249.10. Analysts state that the short-term trend remains bullish as long as Nifty stays above the key support level of 24,753.

On September 26, seven stocks from the Nifty50 pack appeared in the RSI Trending Up scan, according to data from stockedge.com. An uptrend signal occurs when the RSI value crosses above 50 from below. "RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the stock's price. This can indicate potential upward movement and may be used by traders to identify buying opportunities.

Disclosure requirements for board members at India's capital market regulator are under scrutiny following allegations against chairperson Madhabi Puri Buch. The current system requires members to disclose holdings but lacks thorough verification, raising concerns about potential conflicts of interest. Calls for revamping rules to mandate trading plans and approvals have emerged.

Macquarie has maintained an outperform rating on HDFC Bank, setting a target price of Rs 1,900. While reported profits are expected to be weak year-over-year, NII is projected to grow by 14%, with NIMs expanding to 3.52%. Deposit growth is estimated to increase by approximately Rs 800 billion quarter-over-quarter.

Traders have carried forward bullish futures bets to the October derivatives series as India's stock benchmarks, NSE's Nifty and BSE's Sensex, hit record highs. Analysts suggest the momentum is likely to continue, with Nifty potentially reaching 26,500-26,600 levels. The Volatility Index dropped, indicating reduced market risk.

In the Nifty50 pack, we have collated a list of eight stocks that witnessed a 5-year swing high at the close on September 26, suggesting bullishness in counters, according to stockedge.com's technical scan data. Take a look.A 5-year swing high represents the highest price a stock has reached within a five-year timeframe. This level acts as a significant resistance point where the price has historically struggled to go beyond. This occurrence may be seen as a bullish sign, indicating the potential for further upward movement in the stock. However, it's worth noting that this is different from a 5-year breakout, which occurs when a stock's price surpasses a key resistance level that has held for five years or longer.

The benchmark Sensex surged 666 points to a new record high on Thursday, driven by buying in auto and banking stocks, buoyed by gains in global markets. Notable performers included Paytm, PB Fintech, and EaseMyTrip.

SD Retail shares are set to debut on the NSE SME platform today, with a grey market premium indicating a likely listing premium of 15%. The company, known for its 'Sweet Dreams' sleepwear brand, plans to use the IPO proceeds for capital expenditure, working capital, and general corporate purposes.

BikeWo GreenTech shares are set to debut on the NSE SME platform today, trading at a grey market premium of Rs 7. The company plans to use the IPO proceeds for electric two-wheeler sales, setting up dealership stores, debt repayment, and general corporate purposes. BikeWo recently diversified into the electric vehicle market.

Avi Ansh Textile's shares are set to debut on the NSE SME platform today, with a marginal grey market premium hinting at a 3% listing gain. The company, known for its Pooja Gold cotton yarn, has shown consistent revenue growth and operates in India's expanding textile sector, supported by favorable policies and incentives.

Phoenix Overseas is set to debut on the NSE SME platform with a grey market premium indicating a likely listing premium of 23%. The IPO saw strong demand, being oversubscribed over 100 times. The company trades and exports agricultural products and manufactures fashion accessories, reporting revenues of Rs 90.63 crore for the year ending March 2024.

Trent, Bharat Electronics, and Canara Bank are set to benefit from the Nifty indices rebalancing on Friday. Divi's Laboratories and LTIMindtree will exit the Nifty 50 index, likely facing selling pressure. The National Stock Exchange will also rebalance other indices like Nifty Bank and Nifty Next 50 based on semi-annual reviews.

The US presidential election may impact investor optimism in the stock market, despite a recent recovery. Goldman Sachs strategists highlight concerns over policy uncertainty, especially regarding corporate tax reform. Additionally, doubts about the benefits of high spending on artificial intelligence could affect stocks. International diversification might offer more advantages towards year-end.

Disclosure requirements for board members at India's capital market regulator are under scrutiny following allegations against chairperson Madhabi Puri Buch. The current system requires members to disclose holdings but lacks thorough verification, raising concerns about potential conflicts of interest. Calls for revamping rules to mandate trading plans and approvals have emerged.

“Power Grid stock has given a consolidation breakout of the last 7 weeks and perfectly respecting its 20 WEMA. Traders can buy for a target of Rs 375 in the next 1-2 weeks,” Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.

Trent, Bharat Electronics, and Canara Bank are set to benefit from the Nifty indices rebalancing on Friday. Divi's Laboratories and LTIMindtree will exit the Nifty 50 index, likely facing selling pressure. The National Stock Exchange will also rebalance other indices like Nifty Bank and Nifty Next 50 based on semi-annual reviews.

Silver reached its highest level since 2012, while gold hit a new record as expectations for further Federal Reserve interest-rate cuts boosted precious metals. Silver climbed to $32.71 an ounce, extending this year's gain to 37%. Gold hit a record of $2,685.58 an ounce before paring gains to trade at $2,664.85.

PB Fintech stock experienced a significant drop of up to 10% before recovering to close at ₹1,694.95 on the BSE, down 1.6% from the previous day. The volatility followed reports that the company is considering launching a chain of hospitals. Investors were concerned about the high operational costs and competition in the healthcare sector.

Traders have carried forward bullish futures bets to the October derivatives series as India's stock benchmarks, NSE's Nifty and BSE's Sensex, hit record highs. Analysts suggest the momentum is likely to continue, with Nifty potentially reaching 26,500-26,600 levels. The Volatility Index dropped, indicating reduced market risk.

The S&P 500 reached a record high, with the Dow and Nasdaq also rising. Micron Technology shares surged due to strong demand for memory chips. Positive U.S. economic data eased concerns about aggressive rate cuts by the Federal Reserve. Chinese stimulus plans boosted metal prices, while energy stocks fell.

Stocks in news: Markets saw a nearly 1% rise on the monthly expiry day, driven by favorable cues. Key stocks in focus include Biocon, SJVN, Adani Green, Union Bank, and Nuvama Wealth due to various developments such as agreements, joint ventures, property sales, and potential equity sales.

Asian stocks continued to rise as China's new stimulus measures and record highs in US benchmarks boosted market sentiment. The S&P 500 reached its 42nd closing record this year, while Chinese shares listed in the US surged. Traders await further details on China's stimulus and upcoming US economic indicators.

Select stocks gain momentum even in volatile markets.

Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools – earnings, fundamentals, relative valuation, risk, and price momentum.

Over the past year, the power stock surged by over 80%, climbing from Rs 198 on September 25th, 2023, to Rs 363 today. While showcasing robust performance over the last 12 months, the stock has experienced a slight consolidation in the recent two months.

“We had a very detailed consultation on that and if as a part of that you feel that there needs to be relaxation in terms of how to do distribution of those kind of passive funds. We are open to any kind of suggestions so that we can facilitate growth of these funds across the country,” Buch said at an industry event.

Sebi chairperson Madhabi Puri Buch expressed optimism about the growth of the corporate bond market, driven by technology and transparency. She highlighted healthy primary market activity but noted a lack of secondary market engagement. Buch also addressed recent allegations against her and discussed upcoming regulations and initiatives at an Amfi event in Mumbai.

Nomura invested in Five Star Business Finance through its India Investment Fund and Ireland Equity Fund. Max New York Life Insurance and Max Life Insurance Company were also buyers, collectively acquiring over 34 lakh shares worth Rs 275 crore.

Tata Group's retailer Trent and PSU defense major Bharat Electronics Ltd (BEL) will join the Nifty50 index on Monday, attracting a cumulative inflow of about $830 million. As part of its semi-annual review, the NSE will remove Divi's Lab and LTIMindtree from the index, with changes effective after market close tomorrow.

A long bullish candle appeared on the Nifty daily chart, signaling a decisive breakout above the 26,000 level after a period of consolidation. The daily chart shows positive patterns, including higher highs and lows, indicating strong upward momentum with minimal downward corrections.

Wall Street's main indexes rose on Thursday, with the S&P 500 hitting a record high. Micron Technology's positive forecast boosted AI-related stocks, while a softer-than-expected jobless claims report eased labor market concerns. Investors also reacted to better employment numbers and GDP growth, influencing expectations of future Fed rate cuts.

Pakistan's benchmark share index hit a life-time high in opening trade on Thursday, hours after the International Monetary Fund's board approved a long-awaited $7 billion bailout deal for the struggling economy.

Benchmark Sensex rallied 666 points to close at a fresh record high on Thursday following buying in auto and banking shares amid gains in global markets. The BSE Sensex jumped 0.78 per cent to settle at 85,836.12 amid monthly expiry in the derivatives segment. Rallying for the sixth day in a row, the NSE Nifty climbed 211.90 points or 0.81 per cent to close at a record high of 26,216.05. "The underlying trend of Nifty remains positive. Having reached upside target of 26,250 levels (1.618% Fibonacci Extension) on Thursday, the Nifty could now move up towards another upside levels of 26,900 (1.786% Fibonacci Extension) by the next couple of weeks. Immediate support is at 26000," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities.Here are 5 stock recommendations for Friday:

Deepak Jalan, Managing Director of Linc, stated that the Mitsubishi joint venture will allow the company to provide advanced Japanese technology at more affordable prices. The partnership plans to leverage Mitsubishi’s technology while manufacturing products locally in India and sourcing some raw materials domestically to further reduce costs.

This registration is expected to help REPL expand its presence in the real estate investment sector, utilizing its expertise and industry partnerships to drive the growth of ImpactR SM REIT.

Micron Technology surged close to 19% on Thursday, leading a rally in chip stocks after its strong revenue forecast signaled robust demand for the hardware used to power generative AI technology.

On Thursday, India’s benchmark index Sensex jumped by around 666 points, closing at 85,836. During this rally, five stocks from the BSE midcap segment hit their highest prices in the past year. Reaching a 52-week high is significant as it reflects the highest price a stock has attained in 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.

The year-on-year growth in credit offtake rose sharply to over 16% by the end of March 2024, up from below 6% in March 2021, excluding the impact of the HDFC and HDFC Bank merger. Meanwhile, deposit growth increased modestly to around 13% from 11% during the same period. To attract deposits, banks raised deposit rates faster than the interest rates on loans, which has exerted pressure on net interest margins.

Indian market hit fresh record highs on Thursday, tracking positive global cues. The S&P BSE Sensex rose over 600 points while Nifty50 closed above 26,200 levels for the first time.The S&P BSE Sensex hit a high of 85,930 while the Nifty50 hit a high of 26,250 in intraday on Thursday.

Call options saw the highest open interest at strike prices of 26,250 and 26,300, whereas put options had the highest open interest at 26,200 followed by 26,100.

US stocks opened higher on Wednesday, with the Dow Jones Industrial Average rising 0.47% to 42,113.42, the S&P 500 gaining 0.70% to 5,762.22, and the Nasdaq Composite leading the way with a 1.36% increase to 18,327.34.