Nifty futures on the Singapore Exchange traded 38.5 points, or 0.21 per cent lower at 18,448.5, signaling that Dalal Street was headed for a negative start on Tuesday. Here are some stocks which may buzz the most in today's trade.

The positive reaction to the reopening is starting to give way to the realisation that it's going to be a lumpy path for China to get there, JP Morgan Asset Management's global market strategist Kerry Craig told Reuters.

The telecom subscriber base in the country declined by 117 crore in October due to Vodafone Idea losing a large number of mobile customers during the month, said Trai's report. Only Reliance Jio and Bharti Airtel added new customers in October.

The lack of big earnings reports or economic data on Monday likely sharpened investors' focus on economic fears and interest rates, according to Melissa Brown, Global Head of Applied Research at Qontigo in New York.

In November, no-frills carrier IndiGo carried more than half (55.7%) of the total domestic traffic at 65.01 lakh passengers, followed by Vistara at 9.3%. The latter carried 10.87 lakh passengers.

The total shareholding of Adani has increased to 37.45% with the closure of the open offer. The open offer was triggered after VCPL acquired a 99.5% stake in RRPR Holding Private Limited (RRPR) which translated to 29.18% of the shareholding in the TV news company

The German wholesaler grew its Indian business by 21% to $982 million during the year ended September, as per its latest annual report. Last month, ET reported that Reliance Industries Ltd had agreed in principle to buy Metro AG's cash-and-carry wholesale India business for ₹4,000-4,500 crore.

Liquidity has generally been trending down with the central bank seeking to reduce excess liquidity from the system to manage inflation. The banking system liquidity surplus has narrowed to around ₹1.5 lakh crore from ₹6.3 lakh crore at the start of the fiscal year. Due to tightening liquidity conditions as banks are forced to hike deposit rates, they will pass on this hit through MCLR loans.

Earlier this month NARCL had matched Gujarat-based NBFC Raj Radhe Finance's ₹130 crore challenge to its ₹100 crore offer to take over the ₹2,623 crore outstanding dues of the company, ET reported in its December 5 edition. It is now learnt that the offer is on a full cash basis.

Larsen & Toubro remains its top pick with a target price of ₹2,520 per share implying a 16% upside. Other picks include Ambuja Cements (target ₹660), Bosch (target ₹22,000), Federal Bank (target ₹168), and Sundaram Finance (target ₹2,890) - all translating into returns of 17-23%.

Promoters held a 74.76% stake in the company, and if they accept the discovered price of ₹525 per share, their stake will increase to 91.29%. Once the promoter has acquired control of the 90% of the share capital of a company, they can delist it from the bourses.

Sebi said the current processes administered by MIIs should be modified such that it gets extended to all investor grievances against securities market intermediaries. "This will make the grievance redressal process more simplified, streamlined and efficient for the investors," Sebi said in a discussion paper.

Speaking at the pre-budget roundtable meeting organised by three Indian markets industry associations - Association of National Exchanges Members of India (ANMI), Bombay Stock Exchange Brokers' Forum, and the Commodity Participants Association of India, Chauhan urged the trade bodies to back a proposal for longer trading hours.

Traders who missed the rally can look at buying the stock on dips for a potential target of Rs 465 in the next 4-6 weeks, suggest experts

Some analysts warned that export quota relaxations, reduction in GST rates for ethanol production, and early forecasts of production shortfall were only short-term triggers.

With effect from December 20, 2022, Home Development Finance Corporation Ltd. (HDFC) increased its Retail Prime Lending Rate (RPLR) by 35 basis points.

So far in December, VIX has been trading at a daily average of 13.5, which is near the lower end of the band the index has traded in the past decade. The daily average level of VIX so far in 2022 is about 19.5. When VIX is low, it indicates that the risk perception is lower and traders see a lesser likelihood of a sharp fall in the market.

The main U.S. benchmarks have sold off sharply in December, putting them on course for their worst annual declines since the 2008 financial crisis, after mixed economic data and the Fed's hawkish stance fueled worries of a recession

RBI in July hiked the external commercial borrowing limit to $1.5 billion

The Nifty target for December 2023 is 18,000 points, a full 4 percentage points downside to the current levels, as India is among its top underweight markets in the emerging market space in 2023, the Swiss brokerage UBS Securities India strategist Sunil Tirumalai said in a report on Monday.

Promoter and promoter group entities together hold 76.98% stake in Just Dial

The promoters will offer up to 4% discount from the current market price for the stake in the fast moving consumer goods major

"Balrampur Chini has given a fresh breakout above the falling trend line of the downward sloping channel and can be seen trading higher with rising volumes. Momentum points towards change in a short-term trend which could trigger a fresh round of buying into a stock," Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.

The promoters will offer up to 4% discount from the current market price for the stake in the fast moving consumer goods major

The Dow Jones Industrial Average rose 0.99 points, or 0.00%, at the open to 32,921.45

Key stock indices Sensex and Nifty closed nearly 1% higher on Monday following heavy buying in banking, oil and FMCG shares after two sessions of losses. Nifty ended with gains of 151 points to settle at 18,420. Broader markets, relatively underperformed the headline indices, with Nifty Midcap 100 logging 0.55% gains."Nifty found support around the lower side of the rising channel, leading to a recovery towards the end of the session. The momentum indicator RSI (14) is in a bullish crossover in the short- term timeframe (hourly). The short-term trend will likely remain bullish until the index sustains above 18,350. On the lower end, support is pegged at 18,350/18,150. Resistance on the higher end, is seen at 18,500/18,700,” Rupak De, Senior Technical Analyst at LKP Securities, said.Here are 4 stock recommendations for Tuesday:

"The proposed changes should ... help remove unintended consequences that have arisen as a result of the bonus cap, namely growth in the proportion of the fixed component of total remuneration, which reduces firms' ability to adjust costs to absorb losses in a downturn," it said.

Shapoorji Pallonji proposes to sell 47,33,515 shares or 2.5% stake, and Daruvala will offer 20,28,649 shares or 1.1% in the company

The funds from the issue, if approved, will enable the company to strengthen its brand and distribution channels, fulfill its additional working capital requirements for expansion of its businesses and enable investments in product design upgradation and system technology upgradation among others.

"Shares of sugar companies rose intraday as news spread that the government might raise the sugar export limit following a January assessment of domestic production. Up till May 31, 2023, the government approved the quota-based export of 60 lakh tonnes of sugar in November," said Mohit Nigam, Fund Manager & Head - PMS, Hem Securities.

The company has proposed to buy back 10 lakh shares of face value of Rs 2 each at Rs 850 per share for an aggregate amount of Rs 85 crore through a tender offer process.

The government launched an offer for sale to offload 5% stake in the ticketing services major on December 15 and 16

The lender's stock has shown signs of a recovery after being driven down sharply over the last two years, although it remains a fraction of its 2018 peak of 404 rupees. It is up about 56% so far this year, last trading at 21.4 rupees.

The benchmark index Sensex rallied about 468 points at 61,806 on Monday. During this surge, six sugar stocks on BSE managed to touch 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.

“The Final hearing before the Ministry of Corporate Affairs in New Delhi for obtaining sanction on the Scheme of Arrangement for demerger is fixed on Thursday, December 29, 2022, as per the directives of MCA issued during the hearing held on 16th December 2022,” said the filing by the shipping company.

Key stock indices Sensex and Nifty ended Monday’s session on a strong note, closing nearly 1% higher. Nifty gained 151 points and settled at 18,420, while Sensex ended with gains of 468 points following heavy buying in banking, oil and FMCG shares after two sessions of losses. Broader markets, however, underperformed. All sectoral indices, barring Nifty PSU Bank and Nifty IT, ended with gains.Here are the stocks that remained in focus on Monday:

In the short term, NIfty should rally to 18530-18550, then we will take it from there. 18200 is the support for Nifty, a break below this and the Nifty could trade towards 18100. Tread with extreme caution on the market.

Under the gold standard, the intrinsic value of a currency is used to fluctuate in tandem with its face value, causing most economies to operate with almost negligible inflation.

The 30-share Sensex ended 468 points higher at 61,806, while its broader peer, Nifty 50, ended above the 18,400 mark.

Mahindra & Mahindra Group's 5 out of 9 stocks have seen good gains in 2022. However, the overall group’s market cap has remained almost flat as compared to the previous year, as share prices of its tech company Tech Mahindra declined 43% in 2022. The group market cap stood at Rs 3,13,023 crore as on December 16, 2022, as against Rs 3,19,895 as on December 31, 2021. The M&M group has a strong presence in automobiles, IT, financial services, logistics, and real estate.Take a look at the group’s performance in 2022. (Data Source: ACE Equity)

Closing Bell: Sensex snaps 2-day losing streak, jumps 468 points; Nifty tops 18,400; GIC zooms 12%, UTI AMC 11%

For the year, 11 of the 15 index constituents of the BSE auto pack look poised to settle in the green, with gains of up to 65%, with TVS Motors and Tube Investments leading the table. On the other hand, Samvardhana Motherson International (down 53%), UNO Mind (down 13%), Tata Motors (down 13%) and Balkrishna Industries (down 8%) have posted cuts.

European shares edged higher on Monday, boosted by energy firms, after a bruising selloff last week sparked by growing fears of a recession as major central banks promised more interest rate hikes ahead.The region-wide STOXX 600 index was up 0.5% at 0805 GMT.

Nifty Pharma index is amongst the top laggards of 2022. The index is down about 11% in the year 2022, after having two good previous calendar years. In 2020, the index surged up about 60% and was up about 10% in 2021. In 2022, 7 stocks from the index have fallen over 25% so far. However, most of these stocks are poised to see good upsides, according to Trendlyne data.

As per Trendlyne data, the highest target price for TaMo goes up to Rs 575, while the average target price estimate is Rs 495, an upside potential of 18.2% from the current prices. Out of the 29 analysts covering the stock, 21 have strong buy and buy ratings, two have strong sell ratings and the other six have hold ratings.

The report added that internal approvals are in and Tata has received an in-principle nod from the other big investor in the AMC - global investment management firm T Rowe Price Group, which holds around 23% stake.

Despite high volatility in key benchmark indices, banking stocks have continued to attract the attention of Dalal Street bulls. Private and PSU banks combined grew by over 22% in the calendar year 2022. Among banking stocks, the PSU banks have witnessed a spectacular rally in the past couple of months and outperformed private sector banks. However, according to Trendlyne data, as many as three brokers have upgraded four private banks' target prices. Here's a list of 4 bank stocks that earned upgrades:

While volatility is likely to play out in 2023 as well because developed economies like the US and Europe are on the brink of a recession and the fight against inflation is far from over, for experts, India is a buy on dips market.

Even as benchmark indices faced a rough last week, market analysts suggest that traders will have the option to trade on both sides of the market. Based on their recommendations, here are eight stocks that are likely to deliver a strong return in the near term:

“Midcap stocks is the flavour of this quarter, so we have selected the best of the pack. GMR Infra on the quarterly charts has tested the levels of 10 twice (30.09.2013 & 30.12.2016 quarter) & has formed a double bottom pattern,” Sujit Deodhar, Head - Technical Analyst, Wellworth Share & Stock Broking, said.