In the NSE list of stocks with a market cap of over Rs 10,000 crore, five stocks closed above their 200 DMAs (Daily Moving Averages) on April 10, 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.

"The winning streak continued for the sixth consecutive session on Monday, however, the traction was missing in key indices. This resulted in the formation of a neutral candlestick pattern on the daily chart known as Doji. The said pattern indicates some tentativeness and generally occurs after a sharp run-up or decline," Sameet Chavan, Chief Analyst-Technical and Derivatives at Angel One Ltd said.

The global investment bank expects an 11% quarter-on-quarter (QoQ) yield decline and adj. net profit of Rs 0.8 bn in Q4. “In Q4 '23, we expect IndiGo to see 45% year-on-year (YoY) (3% QoQ) growth in capacity, in-line with estimates”, it said.

"Federal Bank posted healthy growth in advances in Q4Fy23, aided by strong trends in both retail and wholesale books. We believe that improving loan growth, along with further re-pricing of floating loans, is likely to support margins, though we remain watchful of the rising cost of funds," Sneha Poddar, Associate Vice President at Motilal Oswal Financial Services Limited, said.

Sensex jumps 200 points, Nifty above 17,650; Kotak Mahindra Bank rises 5%, BoB 3%; Sun Pharma, NTPC, Bajaj Finance are some of the gainers in the morning trade.

In the NSE list of stocks, seven 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 of these stocks crossed below their 200-day SMAs on April 10. Take a look:

In the past, the stock failed to witness a strong follow-up move after such a gap-up rally and filled the positive gap subsequently with a gradual decline. The key technical indicators tested the overbought zone and in the absence of a follow-up move, they may reverse down.

From the Sensex pack, Kotak Mahindra Bank, Sun Pharma and Bajaj Finserv were the top gainers, rising about 1-4%. Nestle, SBI, NTPC, Bharti Airtel, and Tata Steel also opened with gains. On the flip side, TCS, Asian Paints, HDFC, ICICI Bank, HDFC Bank and IndusInd Bank saw some losses.

Strong U.S. employment data published last Friday sparked expectations that the Fed may hike rates in May, but the 25 basis point rise now priced in by the market is smaller than what had previously been estimated, according to Ng

Nifty futures on the Singapore Exchange traded 26.5 points, or 0.15 per cent, higher at 17,711.50, signaling that Dalal Street was headed for positive start on Tuesday. 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 Tata Chemicals and RBL Bank while Nooresh Merani has a buy/sell recommendation on UPL and BEL for today's trading session. Check out the targets and stoploss.

In an interview with the newspaper, Buffett also said he would visit Japanese trading houses and Tungaloy Corp offices during his stay in Japan this time. Berkshire Hathaway had more than a 6% stake in each of those five trading houses, according to regulatory filings made in November last year.

The markets on Monday saw volatility spiking with the Nifty ending the day with minor gains, having started the day on a positive note. The index is expected to show an upside amidst volatility in the next few days.

Tupperware failed to file its 10-K for 2022, which likely puts it in violation of credit facility covenants. The company also has cash constraints due to higher interest costs and the timing of re-engineering actions.

Over the past few months, the price of this company has slid lower from a peak of Rs 1215 to a bottom of Rs 877, formed on December 22. Recently, the price was consolidating inside a falling-parallel channel and has surpassed the resistance of its upper trendline. The breakout is supported by a rise in volume, which increases the reliability of the breakout.

The markets on Monday saw volatility spiking with the Nifty ending the day with minor gains, having started the day on a positive note. The index is expected to show an upside amidst volatility in the next few days.

The Nifty 50 has risen nearly 4% over the past six sessions. Corporate earnings, scheduled from Tuesday, will be the near-term trigger for markets, according to analysts.

Economically sensitive transports, semiconductors , small-caps and industrials outperformed the broader market, hinting that the economy is sturdy enough to withstand further rate increases from the Federal Reserve.

The Nifty Metal sector has been the worst performer so far in the Calendar Year 23. The sector has been struggling and has even recorded a decline of roughly 18%. If we compare it to the benchmark Nifty - it has only dropped by about 2.8%. Now, out of 15 stocks that are there in the Nifty metal index, 12 had a negative performance in CY23 and 5 of them witnessed a significant decline of 10-55% in over 3 months. (DATA SOURCE: ACE EQUITY) However, 4 out of these 5 stocks have the potential for growth - with a possible upside of 25-100% as per Trendlyne data.

Public sector lender Bank of Baroda recorded healthy advances growth for the March quarter, showing a growth of nearly 19% over the previous year period.

If correction in stock market continues amid global macro trend, revenue may fall 30-40% in current fiscal, says CEO Nithin Kamath

Also, for category III AIFs, which invest in listed securities, the distribution fee needs to be charged on a trail basis. These measures have been brought in to enhance the transparency and curb misselling, Sebi circular added.

The RBI has directed all regulated entities to ensure that the service provider employs the same high standard of care in performing the services as would have been employed by regulated entities if the same activity was not outsourced.

The April 10-16 Spring Meetings hosted by the International Monetary Fund and World Bank will also see a raft of related meetings, including the Group of 20 finance chiefs. The G-20 will face another contentious attempt to craft a joint statement on their prognosis for the global economy, after having failed to do so in February thanks to disputes over Russia's Ukraine invasion.

The Sensex ended at 59,846, up 13.54 points or 0.02% from Thursday's close. The Nifty gained 24.90 points, or 0.14%, to close at 17,624. India's banks, stock and money market were closed on Friday for Good Friday.

On Monday, real estate stocks advanced for the sixth straight day, adding to last week's gains as the status quo by the RBI means relief for home buyers from higher interest costs.

Kalyani Group entities claimed they had submitted applications with the compliance officer of Hikal for increasing their shareholding as per the Sebi laws. They alleged these applications were allegedly not given the go-ahead by the compliance officer based on "fabricated justification at the behest of the Hiremath family". The Audit Committee too did not approve even after the Kalyani Group entities raised the issue, they alleged.

Analysts expect the operating margin to expand by 10-70 basis points sequentially as the pressure of employee attrition eases. “We expect 30bp improvement in operating margin, led by stabilizing supply and receding attrition,” mentioned Motilal Oswal Financial Services in a preview report.

According to sources, the bidders who have confirmed their participation in the second round of auction are IndusInd International Holdings Ltd (IIHL) of Hinduja Group, Torrent Investment and Singapore-based Oaktree. The major concern of the bidders is the compliance of resolution plans with the Insolvency and Bankruptcy Code (IBC) and Request for Resolution Plan (RFRP), guidelines, as in the first round of auction, the Hinduja Group firm submitted the bid post-auction.

Analysts say robust credit offtake and resolutions of a few stressed assets too will boost March quarter performance.

On Monday, Tata Motors advanced 5.4% to log its biggest single-day gain in two-and-a-half months. It was the top Sensex performer, with more than 5 crore shares traded on the BSE and NSE, over six times its combined average daily volume in the last one month, as investor sentiment strengthened towards India's second biggest car maker.

Among the 11 major sectors of the S&P 500, communication services and technology suffer the largest percentage losses.

“Manappuram Finance has been among the top-performing names in the NBFC basket. After the initial phase of correction post listing, it witnessed a trend reversal in 2016 and scaled from the double-digit mark to a new record high of 201.22 levels in November 2021,” Ajit Mishra, VP - Technical Research, Religare Broking Ltd., said.

The Sensex remained mostly unchanged at 59,846 on Monday with a modest gain of 13 points. Amid a volatile trading session, 9 stocks in the BSE consumer discretionary index reached their highest levels in 52 weeks, a critical technical signal for some traders and investors to evaluate a stock's present worth and anticipate its future price fluctuations. The 52-week high represents the highest price at which a stock was traded over the preceding year.

Adani Group on Monday shared a letter sent to the Financial Times following its publication of an article that contained fundamental misunderstandings of prior Adani Group disclosures, and resultant inaccuracies in the story. Adani Group said in the letter that the article titled "Indian data reveals Adani empire's reliance on offshore funding" is a "mendacious, deliberate effort to attempt to paint the Adani family and the Adani Group in the worst possible light".

The fund raising for long-term requirements will be in single or multiple tranches.

Combined stake of MFs stood at 3.09% at the end of March quarter, compared with 4.43% as of December 2022. FPIs' holdings increases to 17.98% as of March quarter against 13.77% at the end of December quarter

The highly anticipated report on U.S. employment showed hiring slowed more than expected but remained steady last month.

Shares of Adani group firms saw gains on Monday on the BSE, with some companies hitting their upper circuit limits. This occurred as the group listed out details of stake sales in its firms, and investment was ploughed back into businesses to counter claims by Congress leader Rahul Gandhi. The group rebutted reports in an international publication, which allegedly was the basis of Gandhi's statement, by stating that the competitive race to tear down Adani may be alluring, but the group is fully compliant with securities laws and is not obscuring promoter ownership or financing.

Bajaj Finserv Mutual Fund has filed draft documents with Sebi to launch seven schemes in equity, debt, and hybrid spaces. These schemes include liquid funds, money market funds, overnight funds, large and mid-cap, balance advantage, and flexi cap funds. The company will launch these products after receiving approval from the regulator. With this, the total number of open-end and close-end funds launched in the calendar year 2022 reached 179 and 49, respectively, collectively garnering Rs 62,187 crore. Bajaj Finserv Ltd had received the final registration from Sebi in March 2022 to commence its mutual fund operations.

Indian equities pared the intraday gains because of rising odds of a US Federal Reserve rate hike in May and ended marginally higher on Monday, helped by strong quarterly business updates from auto and realty companies.The benchmark indices eked out gains, extending the winning streak to a sixth straight day. Logging its longest gaining streak in four months, the 30-share BSE Sensex ended up 13.54 points. Nifty settled at 17,624.Meanwhile, sectorally, it was a mixed day, with Nifty Realty emerging as the outlier, while Nifty PSU Bank was the top loser.“Overall, the consolidation shall provide an opportunity to initiate fresh longs. In terms of levels crucial support is placed at 17,550 – 17,500 while immediate hurdle is placed at 17,680 – 17,700. Overall, the uptrend is still intact and we expect the Nifty to target levels of 17,800 from a short-term perspective,” said Jatin Gedia, Technical Research Analyst, Sharekhan by BNP Paribas.Here are stock recommendations for Tuesday:

Analysts expect the operating margin to expand by 10-70 basis points sequentially as the pressure of employee attrition eases. “We expect 30bp improvement in operating margin, led by stabilizing supply and receding attrition,” mentioned Motilal Oswal Financial Services in a preview report.

Mutual funds invested INR 1.82 lakh crore in the Indian equities in the financial year 2022-23, primarily due to interest from retail investors and the correction in the stock market, according to data from the Securities and Exchange Board of India (SEBI). The favourable policies of the Indian government, along with its focus on investment-led growth, will drive future earnings growth, while the Production-Linked Incentive policy and China+1 drive are expected to boost the manufacturing sector and contain the country's trade deficit. Financial services, followed by IT, capital goods, auto and healthcare, were the sectors with the highest allocation in mutual fund portfolios.

Adani Group rebutted Congress leader Rahul Gandhi's claim that INR 20,000 crores had come into the conglomerate through shell firms. The entity detailed how USD 2.87 billion in stake sales since 2019 had been reinvested in business, with USD 2.55 billion of that going into portfolio firms. Adani stated that investors including International Holding Company PJSC had invested USD 2.593 billion in firms like Adani Enterprise and Adani Green Energy, while promoters sold off stakes in Adani Total Gas and AGEL to raise USD 2.783 billion. The funds were then used for new business and existing portfolio firms.

Dow falls 60.04 pts, S&P 500 opens lower by 19.82 points, while Nasdaq Composite drops 112.82 points

"While the company achieved 100 per cent of its guidance for consolidated Indian operations, production volumes at JISPL (JSW Ispat Special Products Ltd) and JSW Steel USA - Ohio were impacted due to shutdowns and subdued market conditions for part of the year," it said.

According to the fourth quarter business update released by the bank, global gross advances jumped 19% to Rs 9.73 lakh crore in the period ending March 2023. Whereas, domestic advances jumped 16.9% YoY to Rs 7.99 lakh crore. Domestic retail advances rose 26.9% YoY to Rs 1.78 lakh crore.

The presence of crucial overhead resistance and an emergence of minor weakness from the highs could indicate further consolidation or minor downward correction for the Nifty from near 17,650-17,700 levels in the coming sessions, he said.

The exchange said that these persons are not registered either as a member or authorised persons of any registered member of the NSE. Moreover, a police complaint has been lodged in this regard.

Experts advise short-term traders to look at buying the stock now for a possible target above Rs 130 in 2-3 weeks