Buying is seen across the healthcare space and the stock is likely to outperform in the coming sessions. “Looking at overall chart structure on the daily scale we expect the stock to move upwards towards 5050 zones from current levels with a stop loss below Rs 4600 zones on a closing basis in the next 3-4 weeks,” recommends Beriwal.

After reporting a high double-digit growth in the operating profit for two consecutive quarters, RIL’s mainstay oil-to-chemicals (O2C) business reported a 6% decline in the September quarter, weighed down by the additional cess.

UML is primarily engaged in the manufacture and sale of steel wires, strands, wire ropes, cords, related accessories, etc. It is also involved in the sale of other products such as wire drawing and allied machines.

While Nifty has plunged around 3% so far in December, historical trend indicates that the festive spirit may soon overpower bears. In the last 20 years, Nifty has ended on a positive note in December for 80% of the time. December has the highest average monthly returns of 3.2%, Samco Securities said.

On the downside, the area between 18,133 and 18,080 represents a significant demand zone. As long as Nifty trades above 18,080, the general bullish texture will hold, but below 18,080, we can anticipate a short-term trend reversal,” Santosh Meena, Head of Research, Swastika Investmart Ltd., said.

In the Sensex pack, Bharti Airtel, Sun Pharma, ICICI Bank and Tata Steel were the top gainers, rising about 1%. HCL Tech, Infosys, M&M, Bajaj Finance and Tech Mahindra also opened with gains. On the other hand, NTPC, Axis Bank, L&T and Nestle opened with cuts.

Ahead of its listing, Sula Vineyards was exchanging hands at a discount of Rs 10-15 in the grey market apiece against the issue price of Rs 357.

Tracking an overnight rally in US stocks, domestic benchmark indices opened higher on Thursday. BSE Sensex was trading 232 points or 0.38% higher at 61,300 around 9.18 am while Nifty50 was trading at 18,269, up 74 points or 0.38% at the same time.

Kotak Mahindra Bank’s daily trend is bearish; however, it is trading near the support area. Based on option chain analysis for the January series, the range is between 1800 and 1900. Let’s plan a trade around this for the January series.

Shares of Precision Wires will trade ex-bonus in the ratio of 1:2, while the shares of Zim Lab will go ex-bonus in the ratio of 2:1 Shares of Quint Digital Media will trade ex-rights in respect of its rights issue of 42:37 offered at a price of Rs 50 per share. Supreme Infrastructure’s board will meet for its quarterly results.

The markets on Wednesday were in a strong corrective mode, slipping into negative territory at the end of the day. Indian markets are likely to remain in a defined range as global markets are showing stability.

Nifty futures on the Singapore Exchange traded 95.5 points, or 0.52 per cent higher at 18,345.5, signaling that Dalal Street was headed for a positive start on Thursday. Here are some stocks which may buzz the most in today's trade.

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 Kotak Mahindra Bank and IGL while Kunal Bothra has a buy/sell recommendation on Marico and Maruti Suzuki for today's trading session. Check out the targets and stoploss.

IDBI Bank is 95% owned by Life Insurance Corp of India (LIC) and the government, but the Reserve Bank of India (RBI) has classified it as a private lender.

Through this acquisition, Reliance Retail will get access to a network of Metro India stores located in prime locations across key cities, along with a large base of registered kiranas and other institutional customers, and a strong supplier network.

Currently, it is in a short-term correction. The stock can find support near the 31 level. Long-term investors should keep holding their positions as long as it sustains above the major support level placed around Rs 22. On the higher side, 36 and then 44 levels can be seen.

Investors continue to grapple with the ramifications of the Bank of Japan's (BOJ) shock decision to allow JGB yields to rise this week, leading many to assume an outright tightening of policy is only a matter of time.

Sula Vineyards, India's largest wine producer, will make its debut on the bourses on Thursday. The company had raised a little more than Rs 960 crore between December 12-14 and sold its shares Rs 357 apeice.

​Wall Street's three main stock indexes closed higher on Wednesday for their biggest daily gains so far in December with help from upbeat Nike and FedEx quarterly earnings, as well as improving consumer confidence and easing inflation expectations from investors.

Still, Wednesday's data also showed that U.S. existing home sales slumped 7.7% to a 2-1/2-year low in November as the housing market was hurt by higher mortgage rates. But the data may be fuelling investor hope that the Fed could ease up on its tightening policy.

Hinduja Group made the second-highest offer, of Rs 8,110 crore, for the core investment company that houses 20 financial services entities, ranging from insurance to broking, the people said.

The Sensex briefly slipped below 61,000 on Wednesday to fall to its lowest level in nearly two months. The gauge of top 30 companies ended at 61,067, down 635 points or 1.03% from the previous close. The Nifty lost 186 points or 1.01% to close at 18,199.

According to Murtuza Arsiwalla, an analyst at Kotak Securities, the three listed REITs (Real Estate Investment Trusts) offer near-term revenue growth of 15-20% between FY2022 and FY2025, aided by organic and inorganic growth. "Investors focus on improving physical occupancy and return-to-office strategies of large IT companies. We are encouraged by strong leasing activity for the industry, partially factoring in healthy dividend yields," he said.

Global companies have begun looking at India as a viable alternative to traditional low-cost destinations. That offers ample opportunities for investors.

"Banks had taken board approvals to raise capital this fiscal and they are now tanking up as the busy season approaches. This is probably the last tranche of Tier 1 issues by public sector banks for this fiscal and this keeps them ready for the likely increase in loan demand in the fourth quarter," said a banker aware of the transactions.

The government is keeping a close watch on inflation to ensure that there's no price surge, Sitharaman told the Rajya Sabha in her reply to the discussion on the first batch of the supplementary demand for grants for FY23. The Rajya Sabha approved the demand, authorising the government to spend an additional ₹3.25 lakh crore in FY23.

External members believe that the worsening economic conditions, influenced by the global slowdown and past rate increases since early summer, require the MPC to pause and assess conditions before continuing on the path of further rate tightening, minutes of the last MPC show.

Short-term traders, who missed the rally, can look at buying the stock now or on dips for a possible target of Rs 149-154, suggested experts

"I note that the noticee (RCFL) was required to submit to the stock exchange on a half-yearly basis along with the half-yearly financial results, a statement indicating material deviations, if any, in the use of proceeds of issue of debt securities and non-convertible redeemable preference shares from the objects stated in the offer document," Sebi's adjudicating officer G Ramar said in his order.

That's the blunt message from top strategists at Morgan Stanley, Goldman Sachs Group and others, who are warning that stocks face fresh declines in the first half as corporate earnings succumb to weaker economic growth and still sky-high inflation, and central banks remain staunchly hawkish.

At 10:08 a.m. ET, the Dow Jones Industrial Average was up 371.79 points, or 1.13%, at 33,221.53, the S&P 500 was up 39.44 points, or 1.03%, at 3,861.06, and the Nasdaq Composite was up 103.79 points, or 0.98%, at 10,650.91

Between November 16 and 30, when benchmarks rose to record high levels, foreign fund inflows logged Rs 7350 crore

"Stock prices of Shipping Corporation witnessed a good buying interest earlier this week as the stock witnessed a sharp upmove with high volumes which led to a breakout from its previous swing high resistances," Ruchit Jain, Lead Research, 5paisa.com, said

​The promoter sold 58,85,000 shares of the company at Rs 679.20 per share, bulk deals data on the National Stock Exchange showed

Through the sale the entities are looking at raising close to Rs 650 crore.

The Dow Jones Industrial Average rose 178.35 points, or 0.54%, at the open to 33,028.09

The latest sale of 1% stake by the Burman family in Dabur, which fetched around Rs 1,000 crore, is viewed as a step towards increasing holding in Eveready to over 50% from 43%, which may also result in reducing debt

Weighed down by the selling, shares of Just Dial ended nearly 3% down at Rs 589.85 on the BSE

Eligible investors will be entitled to get 1 share against every 2 shares they hold in the company

CLSA had also upgraded Paytm last month saying that cash burn could end in another four to six quarters

On the lower end, the index may extend the correction towards 18,070; below that, the index may fall towards 17,800. On the higher end, 18,350 may act as critical support, and the market may remain sell-on-rise till Nifty remains below 18,350.

Benchmark index Sensex crashed about 635 points to end at 61,067 on Wednesday. Despite this free fall in the markets, nine stocks from the BSE 500 index managed to touch their 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.

Indian shares swung to losses on Wednesday as the market registered its slowest trading day on record, ahead of the release of the Reserve Bank of India's (RBI) latest policy meeting minutes and key US macroeconomic data. The Nifty50 ended 1.01% lower at 18,199.10 and the S&P BSE Sensex fell 1.03% to 61,067.24. Both benchmarks had risen nearly 0.5% during the session.“The bears retaliated with a very aggressive attitude. As a result, Nifty Bank gave away the gains of almost 15 trading sessions and is back near the 42500 mark. Meanwhile, Nifty is still hovering above the support zone of 18140 – 18100. Once this is broken, we could see a fresh round of selling in the markets. If this support is held, then there is a possibility of bounce but that should be used to sell fresh or exit longs,” Mehul Kothari, AVP – Technical Research, Anand Rathi Shares & Stock Brokers, said.Here are 5 stock recommendations for Thursday:

In the Sensex pack, IndusInd Bank, Bajaj Finserv, Maruti and UltraTech Cement were the top losers, falling over 2%. Tata Motors, Axis Bank, Kotak Bank, Bajaj Finance and SBI also closed with cuts

Equity benchmarks Sensex and Nifty gave up early gains and ended lower by 1 per cent on Wednesday amid a largely weak trend in Asian markets. The 30-share BSE benchmark Sensex tumbled 635.05 points or 1.03 per cent to settle at 61,067. The broader NSE Nifty declined 186.20 points or 1.01 per cent to end at 18,199.10.However, broader markets underperformed their headline indices, with Nifty Midcap 100 ending 1.6% lower. Sectorally, IT and pharma ended with gains up to 2%, while all other indices ended with cuts. Fear gauge India VIX rose 13%Here are the stocks that hogged the limelight in Wednesday’s session:

"Gold price is a little up in the Asian trading hours. Spot gold prices in the Delhi markets traded at Rs 55,261/10 grams, up Rs 192/10 grams," said Dilip Parmar, Research Analyst at HDFC Securities.

In the Sensex pack, IndusInd Bank, Bajaj Finserv, Maruti and UltraTech Cement were the top losers, falling over 2%. Tata Motors, Axis Bank, Kotak Bank, Bajaj Finance and SBI also closed with cuts

“The last two to three years had been tough for Motherson as it was adversely impacted by company-specific issues followed by a tough operating environment, resulting in the stock underperforming the NSE Auto Index by 62%/72.5% over 1 year/3 years,” the brokerage firm said.

Closing Bell: Sensex crashes 635 points; Nifty ends below 18,200; Dr Lal rallies 6%, GIC drops 11%.

Nifty Energy index gained about 18% in 2022, thus ending in the green for the 7th consecutive year. However, the current year's index surge is almost half of the previous year's rally which was about 34% in 2021. For the year, eight out of 10 stocks have given positive returns but only three stocks have outperformed the index, and five stocks have given double-digit returns in 2022, according to data from ACE Equity.Take a look at the key strengths of these 5 stocks on SWOT analysis, according to Trendlyne.com.