In the last one year, approximately 20 equity mutual fund schemes have provided returns exceeding 15%, collectively holding about 326 stocks in their portfolios. Although most of these schemes include banking stocks, our primary objective is to recognize stocks that generate high returns among these schemes. Today's MF analysis by ET Markets identified 5 stocks that have gained over 100% in the last year and are held by these top-performing schemes. (Data Source: ACE MF)

Norwegian Government Pension Fund Global has increased its stake in Bajaj Electricals by 1.73% on 11 August via open market transactions, bringing its total shareholding in the electrical appliances company up to 3.03%. Meanwhile, California-based venture capitalist firm Small Cap World Fund has reduced its stake to 3.36%, down from 5.3%. Bajaj’s shares rose 3.23% to INR1,077 ($16.80) on the news.

In tandem with weak global trends, benchmark indices Sensex and Nifty declined for a third day on Wednesday dragged by selling in IT and select banking shares and FII outflows. The 30-share BSE Sensex closed lower by 159 points at 59,567.80 as 21 of its components ended in the red. Sector-wise, it was a mixed show, with IT and banks leading the fall, while the metal index gained the most.“The hourly Bollinger bands are contracting on account of the sideways price action and are also suggesting range-bound price action. Both bulls and bears are trying to defend their respective boundaries. The ideal strategy to trade this sideways consolidation is to take a contrarian view at the extremes of the range. So, traders should look for signs of strength around 17,500 and go long. During this phase of consolidation, we can expect sector rotation and stock specific price action. The range of consolidation is likely to be 17,500 – 17,800 for the next few trading sessions,” Jatin Gedia, Technical Research Analyst, Sharekhan by BNP Paribas, said.Here are stock recommendations for Thursday:

For the March quarter, Crisil's consolidated income from operations rose 20% to Rs 715 crore, compared with Rs 595 crore in the corresponding quarter of the previous year.

Despite the benchmark Sensex ending with a 160-point drop, slipping to the 59,568 mark on Wednesday, five stocks within the BSE consumer discretionary space managed to reach new 52-week highs. The 52-week high is an essential technical indicator used by traders and investors to analyze a stock's present value and forecast its future price movement. It represents the highest price at which a stock has traded during the previous year

Nifty stayed choppy and volatile, with the support of the previous upside broken trend line resistance at 17,600 levels. The high-low range was narrower in the last three sessions, and traders may want to take a contrarian view at the extremes of the range. If Nifty falls below the 200-DMA level of 17,587, it may fall down to 17,400

Global Capital Markets is traditionally engaged in the business of investment in shares and securities and providing finance on a short term and long-term basis. The company has over 40 years experience in the field of financial consultancy, corporate taxation, and investment banking

Closing Bell: Sensex extends fall to 3rd straight session, sheds 159 pts; Nifty below 17,650; HCL Tech drops 3%, ICICI Lombard 5%

The fall in Reliance Industries, HDFC Bank and ICICI Bank, along with fresh foreign fund outflows, also contributed to the lack of investor appetite. The market capitalisation of all listed companies on the BSE declined by Rs 75,465 crore to Rs 265.19 lakh crore.

India's Shipping Corporation of India (SCI) disinvestment process is likely to be expedited, with the government expecting to list the assets in the shipping firm by next month. SCI's land asset company could be included in the divestment process while the final divestment could be completed by the end of the year, once the examination process is finished and financial bids are invited

Another reason for the rising popularity of dividend yield funds is improving profitability of the public sector undertakings (PSUs), which form a large part of dividend yield funds. PSUs such as BHEL, REC, Power Finance Corporation, Hindustan Aeronautics, Engineers India and Coal India have turned profitable. This has added to the attractiveness of these funds.

This ETMarkets analysis will focus on highlighting the IPOs that have generated significant wealth for investors. Over the last two years, approximately eight IPOs have rallied from 80-250%. Out of which five have doubled investors' wealth. (Data Source: ACE Equity). Additionally, based on Trendlyne SWOT analysis, all the stocks appear to have more strengths than weaknesses.In the last two years, the Indian primary market has seen about 130 IPOs, collectively raising about Rs 1.93 lakh crore. However, in FY22, IPO fundraising has noticeably decreased, with only about Rs 63,000 crore raised compared to 1,30,000 crore in FY21, according to the prime database.

Retirement planning, including estimating expenses and accumulating a sufficient corpus, should be prioritized early, as it is the only financial goal for which a loan cannot be obtained. However, alternative strategies such as the "Three Bucket Strategy" and "skill monetization" can help reduce the anxiety around retirement. The former involves asset allocation of retirement funds into different buckets, while the latter involves diversifying and monetizing skills to provide an extra income stream and sense of purpose during retirement. The biggest risk to retirement may be the concentration risk of doing just one job throughout one's working life.

Investor Madhuri Madhusudan Kela bought a 1.04% stake or 500,000 equity shares in Mumbai-based pharmaceutical company Kopran, worth Rs 7.5 crore, according to BSE data. Kela holds four publicly traded stocks worth over Rs 56.4 crore as of March. Other companies she invests in include Bombay Dyeing & Manufacturing Company, Sangam (India), and IRIS Business Services. Kopran has a market capitalisation of Rs 1,076.39 crore on the BSE, with a 52-week high of Rs 422 and a low of Rs 185.

Mukul Mahavir Agrawal raised his stake in Sula Vineyards to 2.38% by acquiring 4,00,000 equity shares during the March 2023 quarter. Agrawal, who publicly holds 58 stocks worth over INR 2,886.2 crore, added WPIL, De Nora India, TAAL Enterprises, and Capacite Infraprojects to his portfolio during the March quarter. Apart from Sula, Agrawal holds shares in Delta Corp, Gati, Indo Count Industries, among others

Britain now has Western Europe's highest rate of consumer price inflation, despite falling to 10.1% in March from February's 10.4%.Investors will closely monitor euro zone inflation, due at 0900 GMT, expected to rise 6.9% in March on a yearly basis from the same pace in February

The consensus recommendation from 17 analysts for the stock is a Buy. Of the 17 analysts covering the stock, 11 have strong buy and buy ratings, while only one has a sell rating. The remaining five have hold ratings.

“The stock continuously found support at Rs 460 area between September 2022 & March 2023. After February 2023, the stock started making higher bottom formations & last week the stock gave a pattern breakout making a high of Rs 571 which is above the previous 4 swing highs,” highlights Gala.

According to Chris Geczy, professor of finance, The Wharton School of the University of Pennsylvania: “Investment style is incredibly important because of the way that investing works. Both risk and reward are connected to style.”

While predicting oil price is hazardous, there is a high probability that if oil prices even stay at these levels, some companies from oil and marketing space and refiner’s will be able to see improvement in their margins that could get reflected in Q4 results.

"Investors still believe the Nikkei will rise further to cross the close in the previous session soon, but they wanted to take a pause today," said Seiichi Suzuki, chief equity market analyst at Tokai Tokyo Research Institute.

India recorded over 2,000 deals in 2022, led by traditional sectors such as BFSI, healthcare, energy, and manufacturing, according to a report by Bain & Company in association with Indian Venture and Alternate Capital Association (IVCA).

The Singapore Exchange has informed investors that SGX Nifty will be suspended from trading after the end of the session on 30 June, which is a Friday, and that it also intends to delist the security at a later date.

Investors like public sector stocks for their ability to pay consistent dividends. Here are 10 such stocks with high dividend yields over the past 12 months that you can consider including in your portfolio. Source: Axis Securities

With an exception of the last two trading sessions on Monday and Tuesday, the frontline indices witnessed a winning streak for nine consecutive sessions. "Markets have rebounded smartly in the month of April as timely intervention by governments and central banks globally have averted the banking crisis in the US and EU," Jeloka said.

Investing in small cap stocks is one of the toughest challenges for any investor. However, if an investor gets his decision right, the returns on investment on getting (ROI) are high. If the right financial parameters and other filters are applied, it may lead to a set of select stocks of potential gainers. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks from small cap space with high upside potential over the next 12 months, having an average recommendation rating of “Buy” or "Strong Buy" and also meeting some parameters like net margins and return on equity.

BEML Land Assets shares made a premium debut on the stock exchange but quickly fell in value. BEML, a state-run company involved in industries such as defence and aerospace, made the decision to spin off non-core parts of the business in order to create a new wholly owned subsidiary. The demerger scheme will allow shareholders to receive one share in BEML Land Assets for every BEML share owned. BEML shares were also negatively affected by market conditions and are currently trading below their 52-week high of Rs1933.95.

Piramal Pharma's shares rose 10.2% on BSE after the US FDA concluded its inspection at the company’s Sellersville manufacturing facility. The inspection was conducted between December 19, 2022, and January 13, 2023, and an Establishment Inspection Report has been issued. Despite recent losses due to high operating expenses, the contract development and manufacturing services (CDMO) business, which constitutes roughly 59% of revenues, saw 11% YoY growth to Rs 1021 crore. Five analysts have given the stock a strong buy recommendation with an average target price of Rs 129.

Shares of Patel Engineering surged over 18% to Rs 17.9 after Kedia Securities, promoted by ace investor Vijay Kedia, bought 1 crore shares during the March quarter, giving it a 1.29% stake in the infrastructure and construction services company. Patel Engineering reported increased net sales of Rs 1,036.9 crore in Q3 FY2023 and made a net profit after tax of Rs 37.8 crore. Kedia publicly holds 17 stocks with a net worth of over Rs 818.8 crore, including Neuland Laboratories, Heritage Foods, and Atul Auto.

Power Grid Corporation of India's stock has potential for a 52% upside as it looks to rally after an extended consolidation phase. The stock's resilience against market falls has placed it on a strong footing. It is into the power transmission business and owns roughly 173,790 circuit kilometers of EHV transmission lines. Technical Research Analyst Jatin Gedia forecasts Power Grid's stock price to reach Rs 350, which is a Fibonacci extension level. Sharekhan maintains a 'buy' rating and an unchanged price target of Rs 265, as the company's work-in-hand and recent project wins provide good earnings visibility.

"With the completion of this issue, we have raised significant capital to pursue new business opportunities and continue to deliver value to all our shareholders,” said Anjan Chatterjee, chairman of Speciality Restaurants Limited.

ICICI Lombard General Insurance reported a net profit of INR 437 crore ($58.5 million) for the quarter ending 31 March, up 40% YoY driven by a 24% QoQ rise to INR 352 crore. Total income also increased 13% YoY to INR 5,255 crore. However, profits missed estimates amid competition in the motor insurance business. At 9:53 am the share price had fallen 3.8% but analysts mostly suggested holding or buying the shares, with Jefferies having a buy rating and target price of INR 1,560 ($20), which signifies a 43% upside.

These 163 stocks are spread across sectors and industries. The maximum number of stocks to have hit lifetime highs in 2023 belong to the capital goods sector. 26 stocks have hit record highs, followed by automobiles and metals at 16 each.

Of the total proceeds, Rs 3,474 crore is primary fundraise which will be used to repay or prepay debt of the road projects housed under the InvIT. The fundraise includes a secondary sale of units amounting to Rs1,423 crore by existing shareholders, while the rest of the proceeds will go towards issue-related expenses, filings with Sebi show.

Domestic brokerage firm Prabhudas Lilladher is bullish on a few mid and smallcap stocks, which belong to different sectors such as auto, hospitality & leisure, healthcare and entertainment. Prabhudas's high conviction picks include Ashok Leyland, Max Healthcare, Chalet Hotels and PVR. Here is a list of 8 mid & smallcap stocks that can rally up to 67%.

"These disruptions and changes have no material impact on the operations /financial performance of the Company (meaningfully less than 1% revenue impact) and hence we believe that this event does not warrant any disclosure under regulation 30 of the SEBI (LODR) Regulations, 2015," the company claimed.

The initial share sale of drug maker Mankind Pharma will open for public subscription on April 25. The three-day initial public offering (IPO) will conclude on April 27, and the bidding for anchor investors will open on April 24, according to the red herring prospectus (RHP). The company's IPO is entirely an offer for sale (OFS) of 40,058,844 equity shares by promoters and other existing shareholders.

"We expect Godrej Properties to report PAT CAGR of 33% CAGR over FY23-25. The stock has corrected by 34% from a 52-week high and with record project additions, the valuations have become attractive. We recommend buying for a target of Rs 1575," Sneha Poddar, Associate Vice President at Motilal Oswal Financial Services Limited, said.

In the Sensex pack, Infosys was the top laggard, falling over 1%. Asian Paints, Sun Pharma, HUL, HCL Tech and Nestle also opened lower. On the flip side, Tata Steel, M&M, L&T, HDFC, HDFC Bank and Power Grid opened with gains.

Brokerage firm UBS maintained its buy rating on Zomato, B&K Securities initiated coverage with a buy rating on Titagarh Wagons, and Morgan Stanley maintained its overweight rating on ICICI Lombard.

In the Nifty500 pack, these seven stocks closed above their 200 DMA (Daily Moving Averages) on April 18, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:

Sensex trades flat, Nifty below 17,650; SCI surges 7%, Infosys sheds 2%; HCL, TCS, Tech Mahindra are some of the looser in the opening session.

In the NSE list of stocks, six 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 crossed below their 200-day SMAs on April 18. Take a look:

Market insiders note that the sideways-to-downtrend movement of Nifty in the last one-and-a-half years is gradually throwing weak hands out of the Street. The work-from-home culture during Covid-related lockdowns had made trading fashionable among youngsters who could easily punch orders away from the prying eyes of their bosses.

The price of this mining company was consolidating between Rs 229 and Rs 206 since December 2022. Now the price has given a range breakout by rising above the upper-trendline resistance. This breakout is accompanied by a rise in volume, which increases the reliability of the breakout. The latest candle formed is a bullish Marubozu, which suggests that the buying intensity is on the rise.

Delta Corp and Balrampur Chini Mills are still on the F&O ban list for trade on 19 April, according to NSE data, however, they will be available for trading in the cash market. A stock enters the ban period if open interest (OI) on it exceeds 95% of the market-wide position limits - the MWPL. The ban reverses only if OI falls below 80%. MWPL for Delta Corp stood at 82.2% and that for Balrampur Chini was 85.4%. Both had dropped compared to the previous session. Traders who trade on indices do not encounter security ban issues.

Indian market may consolidate based on mixed global cues. Sensex and Nifty50 decreased on Tuesday with the India VIX lowering by 1.51% to 12.07 levels. Options suggest a trading range shift towards 17400 to 18000 zones and immediate trading shift between 17500 to 17850 zones. Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, believes Nifty must retain over 17620 zones for the up move towards 17777 and 17850 while maintaining downside supports at marks of 17570 and 17500. Short-term traders can target stocks, such as Bank of Baroda, Indian Bank, Ircon International, Glenmark Pharma, IRCTC, and Poonawalla Fincorp.

The markets remained subdued on Tuesday for the second day, after the earlier streak of gains. Although the Nifty opened higher, it moved into the negative territory soon and stayed there, closing the day with a loss of a quarter of a percent.

Nifty futures on the Singapore Exchange traded 21.5 points, or 0.12 per cent, lower at 17,700, signaling that Dalal Street was headed for negative start on Wednesday. Here are some stocks which are expected to see some action in trade today.

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 IRCTC and Poonawala Fin while CA Rudramurthy has a buy/sell recommendation on Granules India and DLF for today's trading session. Check out the targets and stoploss.