MSCI's broadest index of Asia-Pacific shares outside Japan advanced 0.4% to a seven-month high, with South Korean shares gaining 1.3% as trading resumed after the Lunar New Year holidays.

Stocks that were in focus include names like Maruti Suzuki which rallied more than 3% post Q3 results, Tata Motors which gained more than 3% ahead of results on Wednesday, and TVS Motor Company which closed flat.

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 ICICI Bank and GAIL while CA Rudramurthy has a buy/sell recommendation on DLF and Bank of Baroda for today's trading session. Check out the targets and stoploss.

Adani Group is controlled by billionaire Gautam Adani.

Expectations of further rate increases from the ECB also aided sentiment. Policymakers are committed to taming inflation, but are split on the size of moves beyond February's likely half-a-percentage point increase.

The January futures contract of Nifty 50 on the Singapore Exchange hints at a negative start for domestic equities on Wednesday. The contract was trading at 18,176.50, down 28 points or 0.15% from the previous close. Here are some stocks which are expected to see some action in trade today.

The exact cost of the fallout from the glitch is unclear, but the cost to brokers and retail traders is likely to be in the eight-figure range, according to a person at a major brokerage who spoke on condition of anonymity because the matter is sensitive.

Economic data showed shallower-than-expected contraction in the manufacturing and services sector in the first weeks of the year, suggesting that the Federal Reserve's restrictive interest rates are dampening demand.

Swiss exports of gold to countries including China, Turkey, Singapore and Thailand surged to multi-year highs in 2022, Swiss customs data showed on Tuesday. Australia's Newcrest Mining said gold production fell 2.8% in the second quarter from the first, missing analyst expectations, after operations were suspended at its Brucejack operations in Canada following a fatality.

Tata Motors is seen posting a consolidated net profit of Rs 285 crore for the December quarter, compared with a loss of Rs 1,516 crore a year ago, and a loss of Rs 945 crore a quarter ago. Consolidated sales are seen rising over 14% year-on-year (YoY) and 3% sequentially to Rs 82,738 crore.

Coffee Day Enterprises, in consultation with the NSE, would have to appoint an independent law firm to take effective steps for recovery of the outstanding dues. VG Siddhartha, the chairman of the Coffee Day Group, had reportedly committed suicide in July 2019.

Twin Star Holdings, a unit of the London-based Vedanta Resources, is talking to multiple global financiers such as JP Morgan, Barclays, Deutsche Bank and Standard Chartered for the bridge loans, the sources cited above said. These financiers are relationship banks for the Anil Agarwal-led conglomerate.

The committee of creditors (CoC) approached the appellate tribunal after the Mumbai bench of the National Company Law Tribunal (NCLT) stayed the second challenge mechanism for the sale of Reliance Capital. ET has seen a copy of the CoC's petition.

Of course, we aren't talking about its expanding portfolio of spanking new SUVs here - or that range-topping, highest-specifications crossover that now takes the OTR (on-the-road) price of a Maruti-badged car beyond the ₹20-lakh threshold.

"Transformation is in the right direction...We expect the discount to larger private sector peers to narrow as Axis Bank starts reporting strong operating performance on a more sustainable basis," JM Financial said in a client note.

“At this point in time, we are watching the next central bank move on the repo rate, so raising funds from the market makes sense because we can tweak the tenure. But with term deposits, there is no scope of repricing,” said a senior official at a private sector bank.

The NCLT had approved the transfer of Jet Airways' ownership on January 13, despite the lenders' contention that the consortium had not fulfilled all condition precedents (CPs) - including securing the airline's domestic flight slots and international traffic rights - as proposed in the resolution plan.

Sources close to the development said Sebi will argue in the apex court that the tribunal's order is inconsistent with its earlier order against audit firm PWC in the matter of Satyam Computers. SAT had upheld Sebi's order directing PWC to disgorge the fees charged by it.

The S&P BSE Sensex stock hit a record high of Rs 877.10 on November 25, 2022, but failed to hold on to the momentum

There are no grounds to depart from the rate path laid out by the ECB in December — even as energy prices plunge and headline inflation comes off record highs, the Lithuanian central bank chief said in an interview in Vilnius. Monetary tightening may not finish before the summer, he said.

Earlier this month, Sebi sent notices to various entities, including erstwhile promoters of Religare Enterprises Malvinder Mohan Singh and Shivinder Mohan Singh, asking them to pay Rs 48.15 crore within 15 days in a fund diversion case of Religare Finvest.

"Technical indications are in the favour of further consolidation and it might retrace further to retest the trendline support on the weekly chart before resuming the uptrend," Ajit Mishra, VP - Technical Research, Religare Broking Ltd., said.

U.S. PMI data is due later in the day, and, according to Fiona Cincotta, an analyst at Cityindex, a weak print pointing to a slowdown "could be a case of bad data being good news for the stock market" given what it could mean for expectations for the Federal Reserve's policy path moving forward.

Tuesday’s volatile trading session saw benchmark equity indices ending flat with Nifty holding 18,110 levels. Sensex added 37 points to close at 60,979. Nifty Auto and Nifty IT rose the most by up to 1%, while Nifty PSU Bank and Nifty Realty logged the highest losses of more than 1% each.“Nifty bears were active around the 18,200 level, and the index remained under pressure throughout the day. The index is stuck in a broad range between 17,900 and 18,200, and a break on either side will lead to trending moves. The options data shows aggressive writing at the 18,200CE strike, and the lower end support is visible at 18,000PE, where the put side has the most open interest,” said Rupak De, Senior Technical Analyst at LKP Securities.Here are stock recommendations for Wednesday:

The Dow Jones Industrial Average fell 184.84 points, or 0.55%, at the open to 33,444.72

The benchmark index Sensex closed up about 37 points to 60,978 on Tuesday. Despite the market ending with a small gain, six stocks from the BSE midcap index slipped to record their new 52-week lows.The 52-week low is the lowest price a stock has traded during the last one year. Some traders and investors use this technical indicator as an important factor to analyse a stock’s current value and to predict its future price movement.

In the last one month, the stock has fallen about 14%

Nifty bears were active around the 18,200 level, and the index remained under pressure throughout the day. It is stuck in a broad range between 17,900 and 18200, and a break on either side will lead to trending moves. The options data shows aggressive writing at the 18,200CE strike, and the lower-end support is visible at 18,000PE, where the put side has the most open interest.

Nifty bears were active around the 18,200 level, and the index remained under pressure throughout the day. It is stuck in a broad range between 17,900 and 18200, and a break on either side will lead to trending moves. The options data shows aggressive writing at the 18,200CE strike, and the lower-end support is visible at 18,000PE, where the put side has the most open interest.

From the Sensex pack, Tata Motors and Maruti were the top gainers, rising over 3%. HCL Tech, HDFC Bank, HDFC, Asian paints, IndusInd Bank and TCS also closed with gains

Sensex ends flat after volatile trade, Nifty holds 18,110; DMart jumps 3%, Axis Bank drops 2%; Sonata Software, PNB Housing Finance, Tata Communications, Sterlite Technologies are some of the top gainers and losers in closing trade.

The new business structure affirms the group’s focused approach towards the paints business. The demerger will lead to operational flexibility and facilitate businesses to independently pursue their growth plans through organic & inorganic routes," the company said in a BSE filing.

Investors must focus on the processes and controlling the controllable and not worry too much about other things, for e.g., macroeconomic factors like interest rates, inflation and crude oil prices which are beyond one’s control.

Among stocks, Rheinmetall added 1.2% after the German defence group's chief executive forecast sales would grow to 11-12 billion euros ($12-$13 billion) in 2025, according to German magazine Stern.Swatch Group edged up 0.8% after the Swiss watchmaker said it was positive about a recovery in the China market and also reported a 2.5% increase in 2022 sales.

The company's return on assets (RoA) also surged to the highest-ever, at 4.50%, in the third quarter of 2022, a press release said. This marked a surge of 158 basis points YoY and 46 basis points as compared to the last quarter.

The BOJ's surprise policy tweak on Dec. 20 to widen the trading band for the 10-year government bond yield had pushed the index lower.But the Nikkei has been on an upward trend since the central bank kept its ultra-loose policy unchanged at its policy meeting last week. It has gained 4.62% so far this month and is set to post its biggest monthly gain since October.

The stock which is part of the S&P BSE Smallcap index is sustaining above the neckline of the rounding bottom pattern placed closer to Rs 300 which suggests that the upside remains intact. The stock closed at Rs 344 on 20 January 2023.

It is a well known fact that in order to get better valuations on the street, companies tend to inflate their profits. How do they do it ? In simple words, either by showing higher than actual sales, essentially inflating the topline. Second, don't show expenses by using creative accounting methods and not booking certain expenses and show higher than actual profit. The end result, higher earnings which create a rosy picture of the company and take investors for a ride.

It was also alleged that the unlawful gains that had accrued to the noticees as a result of their alleged front-running activity was to the tune of Rs 68.88 lakh and resulted in the violations of PFUTP rules, Sebi said in an order passed on Monday.

It seems the institutions are trying to bring their average price down as most of the stocks they have been buying have been underperformers and more importantly, the outlook does not give many reasons for a fresh buy, independent market expert Ambareesh Baliga told ETMarkets.com.

Route Mobile's EBITDA improved to Rs 128.3 crore in Q3 FY23, recording a growth of 66.19% YoY and 17.28% QoQ. EBITDA margin de-grew to 13% in Q3 FY23 as against 13.7% posted in Q3 FY22.Meanwhile, the company said that the board of directors in its meeting to be held on Thursday, 26 January 2023 will consider a second interim dividend, if any, for the financial year 2022-23.

Star investor Vijay Kedia publicly holds 15 stocks with a net worth of over Rs 650.5 crore, as per the latest corporate shareholdings filed. In the December quarter, Kedia included shares of Siyaram Silk Milk in his kitty. Here is a list of stocks where Vijay Kedia bought and sold his stake, according to data available on Trendlyne:

Gland Pharma Ltd on Monday reported a 15 per cent decline in consolidated net profit at Rs 231.95 crore for the third quarter ended December 2022, impacted by production delays due to supply disruptions.

The core connectivity portfolio reported growth of over 6% year-on-year in revenue, and the digital platforms and services delivered growth of over 17.2%, according to the statement.

"Beat was across operating metrics, especially with NIMs soaring as much as 30 bps QoQ to 4.26%," ICICI Securities said. Kotak Institutional Equities, on the other hand, doesn't see material risk to its earnings forecast as the bank has higher provisions made in recent years.

In India, trade settlement used to take place on a ‘T+2’ basis, meaning that the securities bought or sold by an investor will reflect in his/her demat account after a period of 2 days.

"Beat was across operating metrics, especially with NIMs soaring as much as 30 bps QoQ to 4.26%," ICICI Securities said. Kotak Institutional Equities, on the other hand, doesn't see material risk to its earnings forecast as the bank has higher provisions made in recent years.

As Q3 earning season picks up and NIFTY stays in a volatile mode, there are select midcaps which are witnessing an improvement in their scores. A score improvement coming at a time market is waiting for a major event term of budget and also the fact that valuation are still very high on over basis, stock doing wrET screener powered by Refinitiv’s Stock Report Plus applies different algorithms & filters to all BSE and NSE stocks, and lists down stocks which fulfill the various criteria as specified into the algorithms & filters.

Four stocks from two sectors which have very little or nothing in common. However analysts are bullish on select stocks from both sectors. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks. This predefined screener is only available to ET Prime users.

The stock peaked out in January 2022 and has followed it up by making lower highs in the last week of April and December. Recently the price has bottomed out at 2880 and is making attempts to start a bullish phase. Price has given close above the resistance of a multi-month falling trendline.