Adani Enterprises Ltd reported a consolidated net profit of Rs 820 crore for the quarter ended December, against a net loss of Rs 11.63 crore a year ago. Revenue from operations rose nearly 42% on year to Rs 26,612.23 crore.

M&M’s tractor division growth outpaced the industry at ~15% year-year (YoY) in 3QFY23. Its market share improved sequentially to ~41% in 3QFY23, compared with ~40.1% in 2QFY23. Nomura expects M&M’s tractor division’s growth to be higher than the overall industry, as it factors in a higher market share.

Thanks to much stronger than expected U.S. jobs data earlier this month, Fed policymakers, including Fed chair Jerome Powell, have reiterated a higher-for-longer mantra that market traders have been fighting for months.

The Japanese government nominated academic Kazuo Ueda as the next Bank of Japan head as had been reported in the media, limiting the effect on markets.The Nikkei ended up 0.64% at 27,602.77. It had rallied to as high as 27,721.82 early in the session, which had put it in striking distance of last week's two-month high at 27,821.22.

Another multibagger stock, Pradeep Metals, which has nearly doubled investors' wealth in the past one year has declared an interim dividend of Re 1 for the current fiscal and will trade ex-dividend tomorrow for the same. In the last one year, the company had a dividend yield of 0.82%.

The market watchdog had on January 25 said 9 out of 10 retail traders in the equity F&O suffered losses to the tune of Rs 1.1 lakh in FY22. It also said there has been a significant increase of over 500 per cent in the number of individual traders in the equity F&O segment in FY22 compared to FY19.

The firm produced 0.81 million tonnes of crude oil in October-December, up from 0.75 million tonnes a year back. Gas output also increased from 0.79 billion cubic metres to 0.8 bcm. It sold 1.41 million tonnes of oil and oil equivalent gas in the quarter as opposed to sales of 1.35 million tonnes a year back.

Capital good companies had faced tough times for many years. Given the fact that hardly any capacity buildup was taking place in any industry, a number had to change their product portfolio and had to live with very low margins. As the underlying macro changes for them, some of the capital goods and engineering companies are making a comeback on the analyst list.

Out of the 10 Adani stocks listed on stock exchanges, only Adani Ports was trading marginally higher and all other nine stocks were blinking red.

NIFTY has been volatile since the last quarter of 2021, so volatility should not be something which traders and investors should not worry about but learn to live with. In the last one month, sometimes large caps have faced selling pressure by foreign investors and are more volatile than midcaps and vice versa. A score improvement coming in a volatile earnings season along with the fact that valuations are still very high on an over basis is something worth looking into. Right from a company which is beneficiary of laying of pipeline for ensuring that tap water reaches every home to an electrical goods maker which is attempting to make a comeback. ET 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.

While the government has set a goal in Budget 2023 to reduce the fiscal deficit to 4.5% of GDP by FY26 and amid worries about a global recession and a wave of FPI selling that may affect market sentiments in the near future, let's find out what a beginner should do when making investment decisions in the stock market.

As the market witnesses volatile movement there are few large cap stocks which are still finding favor with analysts. After the recent correction, even a global non ferrous metal major has come on the list as the upside potential in them comes close to algorithm fixed minimum target price. 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.

Life Insurance Corporation (LIC) of India shareholding by value in the NSE-listed companies went up to 3.95% and the holdings stood at Rs 10.91 lakh crore as on December 2022. Reliance Industries, four bank stocks, are among 10 companies that saw the highest increase in LIC’s holdings in value terms in the last one quarter. (Source: PRIMEdatabase)

Full business normalization is still a few quarters away. The global investment bank slashed FY23-25E EPS estimates by 7% to factor in a relatively slower topline growth and management commentary on the call.

Given the recent volatility in the stock, we again bake in a higher cost of capital assumption, which yields a target price of Rs 195 (Rs 251 earlier); maintain ‘BUY’. At CMP, Nykaa is trading at FY25E EV/sales of 5x. The confluence of both growth and profitability would be critical for valuations to improve. Besides, the gross margin miss, an aberration as per management, must reverse else as any structural impact could negate benefits in marketing and fulfilment.

Hikal, meanwhile, has declared an interim dividend of Re 0.60, for which the shares will be ex-date on Tuesday. The company has paid a dividend of Rs 1.6 per share in the last one year. This results in a dividend yield of 0.48% at the current share price.

TVS Motors is currently trading at Rs 1,069 and is trending upward while maintaining trendline support. For the past five months, TVS has seen good price and time consolidation and is currently fluctuating between Rs 975 and 1175, the brokerage said, adding that the stock can be bought around Rs 1,069 zone and adding till Rs 1,040 with a target of Rs 1,170–1,210. Below Rs 1,010 levels, Choice Broking said the view will be negated.

The net purchase value has been calculated by multiplying the difference in the September and December quarter shareholding to the average closing price during the quarter, the database management firm said.

"Vinati Organics’ operates in niche segments of ATBS/IBB and holds a dominant global market share of >65% in these products. We have a Buy rating on Vinati Organics with a target of Rs. 2,500," says Abhijeet Bora, DVP Research Analyst at Sharekhan by BNP Paribas.

The markets are still in their mildly declining state, with the Nifty ending the day with a net loss. The broader markets continue to offer stock-specific opportunities, though.

India VIX moved up by 7.38% from 12.75 to 13.68 levels on Monday. Volatility negated its lower highs formation of the last 7 trading sessions and now needs to cool down for market stability to resume. On the options front, the weekly maximum Call OI is placed at 18000 and then towards 17800 strikes while the maximum Put OI is placed at 17800 and then towards 17500 strikes.

Adani Enterprises and Adani Ports and Special Economic Zone that are part of the Nifty50 index, have an overall weightage close to 1%. Along with these two stocks, Adani Transmission and Adani Green Energy that are part of the Nifty 100 index, have an overall weightage of 2.1%.

Opening Bell: Sensex gains over 200 points, Nifty above 17,800; Adani Power drops 5%, Nykaa 4%

Out of the 10 Adani stocks listed on stock exchanges, only Adani Ports was trading marginally higher and all other nine stocks were blinking red.

Sectorally, Nifty IT rose 1.03% and Nifty Metal surged 0.32%. Whereas, Nifty Auto and Nifty Pharma opened lower. In the broader market, Nifty Smallcap50 rose 0.10%, while Nifty Midcap50 dropped 0.20%.

Bharat Forge’s daily trend is sideways. RSI for daily is indicating a sideways trend, however, weekly and monthly are showing bullish strength. Based on option chain analysis, the range is between 800 and 900. Let’s plan a trade around this.

Its stock has quadrupled between March 2020 and April 2022. However, since then the price has lost its momentum and is stuck in a range of Rs 2,100 and Rs 2,800. The price has now formed a bearish engulfing candlestick pattern which suggests bearishness in the short term. The engulfing also confirms the formation of a lower high on the daily chart.

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 L&T and NTPC, while Shilpa Rout has a buy/sell recommendation on MCX and Glenmark for today's trading session. Check out the targets and stop loss

Shares of smallcap Brightcom Group, a digital marketing company, had a gravity-defying rally in 2021. The stock is still up over 800% in the last 5 years but has gone down over 77% from its 52-week high level. Brightcom hardly has any analyst coverage. As on December-end, the public shareholding stood at 66.91%.

The February futures contract of Nifty 50 traded on the Singapore Exchange indicates a positive start to domestic equities. The contract was trading at 17,820, up 31 points or 0.17% from the previous close.

Analysts expect headline CPI to rise 0.5% in January, with the core number seen advancing to 0.4% from 0.3% the previous month, according to a Reuters poll. On an annual basis, CPI likely eased to 6.2%, from 6.5% in December.

However, volume on U.S. exchanges was relatively light, with 9.5 billion shares traded, compared to an average of 11.9 billion shares over the previous 20 sessions. So far in this year, the S&P 500 has gained about 8%, and the index remains down about 14% from its record high close in January 2022.

Option data suggests a broader trading range in between 17400 to 18200 zones while an immediate trading range in between 17650 to 17950 zones.

Nykaa reported 68% year-on-year fall in consolidated net profit at Rs 9 crore for the quarter ended December. Revenue from operations, meanwhile, surged 33% year-on-year to Rs 1,462 crore for the quarter under review.

In a note, the firm said RIL's valuations fell below the long-term average after the recent correction. It advised clients to 'buy' the shares with a price target of ₹3,100. Shares of RIL closed at ₹2,324.60 apiece on the NSE on Monday, down 0.5% from the previous close.

The Supreme Court last week sought the government's views on whether the regulatory regime needs a review, suggesting an expert panel headed by a former judge on the matter.

Stocks bearing the Adani name appear in more than 500 so-called Article 8 funds that are supposed to “promote” environmental, social and governance goals under European Union rules, data compiled by Bloomberg show. About 80 of those exposures are via direct holdings, while the rest are mainly through funds of funds or index trackers, according to the data, which correct for duplicate holdings.

The company has also announced the issuance of one million RuPay JCB Cards in India. These credit and debit cards, issued by 12 public and private sector banks and co-badged as RuPay JCB Cards, offer their members a seamless payment experience within and outside India.

EKI Energy shares ended at ₹877.75 with no buyers. The stock was listed on April 7, 2021, at ₹35 (adjusted for bonus) and hit a record high of ₹3,149.98 on January 24. It has declined 72% since then.

Senior representatives of the group, led by chairman Gautam Adani, Group CFO Jugeshinder Singh and other executives have been in the Middle East for the past week. Meetings have also been held with Abu Dhabi Investment Authority (ADIA) and other sovereign wealth funds (SWF) of Abu Dhabi, those cited above told ET.

​​As on December 2022, Baring Private Equity held a 39.99% stake in the company through its firm HULST BV. The private equity firm acquired about 70% stake in Coforge in 2019. In March last year, the PE firm sold 10% for ₹2,560 crore.

Of the 44 analysts, 18 of them have a 'sell' rating while 15 remain neutral. On aggregate, analysts slashed consensus price targets by 4.35% to ₹708.29, showed a Bloomberg poll of analysts.

Adani Enterprises, Adani Transmission, Adani Total Gas and ACC could see outflows of $425 million or about ₹3,450 crore by the end of this month when the MSCI index adjustments come into effect.

The capital markets regulator made these comment in a report sought by the Supreme Court late last week in response to a public interest litigation (PIL) asking for an inquiry into the sell-off in Adani stocks triggered by the Hindenburg report.

The stock hit a 52-week high of Rs 3,154 on 18 February 2022 but it failed to hold on to the momentum. The stock closed at Rs 2,023 on 10th February which translates into a downside of 36%.

"Aavas Financiers has been in strong uptrend since it got listed on Indian bourses in 2019. The stock is trading in a strong rising channel. The price had witnessed significant correction from 3000 levels to around 1800 levels," Gaurav Bissa, VP, InCred Equities, said.

Hulst B V sold 60,00,000 shares of Coforge at Rs 4,050 apiece through a bulk deal on the National Stock Exchange. This is a sharp discount of 6.5% from Friday’s closing price. On Monday, the stock ended nearly 7% down at Rs 4,032.25 on the NSE.

On Monday, the Indian stock market closed lower, with widespread selling observed across most sectors. The BSE benchmark Sensex ended 251 points lower at 60,432. However, amidst the decline, 10 stocks from the BSE 500 index hit 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 Dow Jones Industrial Average rose 18.12 points, or 0.05%, at the open to 33,887.39.

The five-day event will focus on displaying indigenous equipment/technologies and forging partnerships with foreign companies.The theme of Aero India 2023 is "The Runway to a Billion Opportunities".