"Apollo Tyres has retested the breakout on the weekly frame and has formed a bullish candle which indicates strength moving forward. It took support near its 50 DEMA levels and buying interest can be seen intact at any decline from 304 levels," Shivangi Sarda, Analyst, Derivatives and Technical Research, Motilal Oswal Financial Services Ltd, said.

In the upcoming week, a major trigger in the domestic market would be the RBI's rate decision and their commentary on future rate actions. The market is widely expecting a rate hike of 25 basis points. In its December policy meeting, the RBI raised the policy repo rate by 35 basis points (bps) to 6.25%. The CPI inflation has been below the RBI’s tolerance band of 6% for two consecutive months. Analysts are also expecting RBI to hint at a long pause in the next policy meeting, providing direction on future rate actions

Amid mixed global cues, Indian indices reported sharp gains in Friday’s session to close the day and the week on a positive note. Nifty topped 17,850 levels at the close and on a weekly basis gained over 1%. Among Nifty stocks, Adani Ports, Titan, Bajaj Twins and HDFC Bank were the top gainers, while laggards included stocks like Divis Labs, BPCL, Tata Consumer Products, Hindalco and NTPC.“On the daily chart, the index has continued its range within the falling channel. However, on the daily chart, we find that the index has found support at the lower band of the falling channel before moving higher. In the near term, the index may continue recovering towards 17950–18000. On the lower end, support is visible at 17450,” Rupak De, Senior Technical Analyst at LKP Securities, said.Here are stock recommendations for Monday:

Adani Group companies have come under intense selling pressure since the past week following a report by New York-based short seller Hindenburg that alleged stock manipulation and fraudulent practices

According to the data, FPIs withdrew a net sum of Rs 28,852 crore from equities in January. This was also the biggest monthly withdrawal by FPIs since June 2022, when they had pulled out Rs 50,203 crore from equities.

One should expect heightened activity in the coming weeks to get the benefit of the lower tax rate on long term capital gains till March 2023. It is interesting to note that the definition of MLDs covers a wider set of securities where the returns are based on other underlying instruments or index.

The son of a road contractor soon realised that his 'Khatron ke khiladi' type nature and quantitative aptitude could be a perfect match to the high risk world of options trading. The Nifty Bank options seller now claims to have doubled money every year since 2017, taking his capital above Rs 25 crore

A special dividend announcement of Rs 67 per share by TV Today Network triggered a rally in stock by up to 14.30%. In the intraday deals on Friday, the stock has risen over 15%. The company has fixed February 13 as the record date for the same and the dividend will be paid to beneficial shareholders on the same date.

In a high-volatility market, if an investor wants to protect his principal and yet participate in equity market growth, these products offer a superior alternative in addition to holding stocks or mutual funds. All these products complement each other to make a better portfolio at the investor level.

Looking at this pattern, in terms of FII flows, the market may remain vulnerable for a while till the adjustment (reallocation) is complete. Whenever such a reallocation trade happens, markets take anything negative that comes on the way to accelerate the adjustment process

Traditionally, indices are based on free float market capitalization. Such a type of index invests in individual stocks in proportion to their relative free float market capitalization. Free Float means the market value of a company which is not owned by the promoter of the company

This will keep the rates at elevated levels for the first half of the FY 2023-24 as markets at the current levels are not pricing in the risk of liquidity fading away with credit offtake and RBI’s support being limited in the context of a liquidity withdrawal stance.

Investors often ignore reading the audit report. Apart from the Opinion paragraph, the following are some important paragraphs from an Audit report that an investor must read before investing in a company.

Every sector has its own operating matrix. For example, sectors like infrastructure, manufacturing and banking, all three require a high dose of capital. However in a different way. Manufacturing requires a higher amount of capital expenditure but that would be a one time requirement, at the time of building a new plant. Incase of infrastructure, it would require a constant dose of capital for a certain period of time and then return would come. For example, building roads. Then comes banking is a sector which requires a constant dose of capital both to increase the business and for meeting regulatory requirements. But in both cases, what is more important is how efficiently the management uses capital so that shareholder returns are maximized. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy".

This will keep the rates at elevated levels for the first half of the FY 2023-24 as markets at the current levels are not pricing in the risk of liquidity fading away with credit offtake and RBI’s support being limited in the context of a liquidity withdrawal stance.

Anomaly detection algorithms are one of the most common techniques used in machine learning for risk management. These algorithms can analyze historical financial data and identify patterns that deviate from normal behaviour. For instance, it can detect abnormal fluctuations in stock prices or trading volumes, indicating a potential market crash or stock bubble. Once identified, these anomalies can be used to create early warning systems that alert investors to potential risks, allowing them to take preventive measures.

In the upcoming week, a major trigger in the domestic market would be the RBI's rate decision and their commentary on future rate actions. The market is widely expecting a rate hike of 25 basis points. In its December policy meeting, the RBI raised the policy repo rate by 35 basis points (bps) to 6.25%. The CPI inflation has been below the RBI’s tolerance band of 6% for two consecutive months. Analysts are also expecting RBI to hint at a long pause in the next policy meeting, providing direction on future rate actions

The market capitalisation (mcap) of HDFC Bank advanced Rs 23,900.84 crore to Rs 9,25,188.45 crore and that of Bharti Airtel climbed Rs 10,432.23 crore to Rs 4,42,015.45 crore.The valuation of Hindustan Unilever went up by Rs 7,988.61 crore to Rs 6,21,678.35 crore and that of HDFC gained Rs 6,503.28 crore to Rs 4,92,313.07 crore.

State-owned LIC, which is amongst the largest institutional investors in Adani stocks, owns stake in 7 Adani Group stocks. Top bets include Adani Total Gas, Adani Ports and Adani Enterprises. In the last seven trading sessions, the PSU insurer has lost Rs 38,509 crore as the value of its investments decreased to Rs 42,759 crore

After the Q3 results, a host of brokerages have upgraded the target price on a number of counters. These stocks belong to various sectors such as banking, leisure and hospitality, FMCG, IT and more. According to Trendlyne data, HDFC Bank, Federal Bank, HUL, TCS and Infosys have the most number of target price upgrades. Here's a list of 10 stocks that saw most target price upgrades after Q3 results:

Investors often ignore reading the audit report. Apart from the Opinion paragraph, the following are some important paragraphs from an Audit report that an investor must read before investing in a company.

What North Block top officials today clarified is that privatisation is very much on track. Disinvestment is an ongoing scheme, it is not something new, Tuhin Kanta Pandey, secretary of the department of investment and public asset management, said during post-budget stakeholder interaction by the finance minister. "Disinvestment is a complex process, especially when we are handing over management control," said Tuhin Kanta Pandey. DIPAM Secretary further said the Govt was proceeding with the disinvestment proceedings for Shipping Corp, NMDC Steel, IDBI, among others.

​​"As part of its mandate, SEBI seeks to maintain orderly and efficient functioning of the market and has put in place a set of well defined, publicly available surveillance measures (including the ASM framework) to address excessive volatility in specific stocks. This mechanism gets automatically triggered under certain conditions of price volatility in any stock," Sebi said in a statement.

"​It'll be regulators who'll do their job. RBI made statement, prior to that banks, LIC came out & told about their exposure (to Adani group). Regulators independent of govt, they're left to themselves to do what is appropriate so market is well regulated. So the regulators will do their jobs," said Sitharaman in a press conference.

Finance Minister and her team began their customary post-budget interaction with industry stakeholders in Mumbai on Saturday, February 4, 2023. Answering a question on including Indian bonds in the global bond index, here is what the finance secretary, T V Somanathan had to say. Watch

If at all stock crosses above 580 level then it will again resume its uptrend which we have witnessed earlier part of this year. So looking at the overall setup, we are bullish on SBI also with a stop loss of 530. Bank of Baroda is another stock which we feel that upside can be continued towards 181-195 zone, one can buy and hold this stock also with stop loss of 150.

Later on in the evening hours, global ratings agency S&P Global Ratings downgraded the outlook on Adani Ports and Special Economic Zone and Adani Electricity to “negative” from “stable”, citing that the risks and concerns triggered by Hindenburg Research report have not been factored into its ratings.

This will help lenders in assessing risk of each entity or individual and thus enhance efficiency in lending and significantly increase the market size for credit. Second, Central Data Processing Centre would help in ease of doing business in relation to the Companies Act.

But stiff targets can serve as pressure for officials to find the enthusiasm for letting go of public assets. Sadly, that is no longer the case. This point is important not just for the fiscal math, but the opportunity cost of lost efficiency in the economy due to the continued presence of public sector enterprises in non-strategic sectors.

“We believe that we will end FY23 with a topline of around Rs 2,200 crore and EBITDA margin would be about 28%,” said Maulik Patel, chairman and managing director, in an interview with ETMarkets.

Later on in the evening hours, global ratings agency S&P Global Ratings downgraded the outlook on Adani Ports and Special Economic Zone and Adani Electricity to “negative” from “stable”, citing that the risks and concerns triggered by Hindenburg Research report have not been factored into its ratings.

While Bitcoin miners, who process and validate data on the blockchain, welcome the invention since it can boost fees for them, critics are concerned an influx of new trading volume may crowd out other financial transactions.

We expect residential demand to remain unabated despite further rate hike expectations, as the industry continues to witness long-term pent-up demand and affordability will remain better than the pre-Covid level.

Insurance companies have already started facing the heat of this unforeseen announcement. The proposal is going to have an impact of 10-12% in the top-line of the Life Insurance companies.

While NIFTY stays in volatile mode and fear of correction grips the street. There are still some pockets where stocks have seen an improvement in their analyst scores. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

The Union Budget for 2023-24 struck a fine balance to boost economic growth, without moving away from the fiscal consolidation path. A healthy 33% increase in the capital expenditure target would be positive for capex and allied sectors such as infra, construction, building materials, capital goods and durables. Analysts see these stocks from different sectors benefiting from Nirmala Sitharaman's capex salvo.

As Nifty and broader market corrects, judged on the basis of price earning (PE) ratio some stocks may start to look cheap. More often than not, relying on PE may lead to wrong investment decisions given the huge difference in what is value and what looks cheap due to one financial ratio. The PEG ratio is a better indicator than many other ratios especially P/E which is followed by the majority. The selected list applies different algorithms for all BSE and NSE stocks. For the purpose of this article, we have taken only NSE stocks into consideration.

The short position put Ackman at odds with fellow billionaire, Carl Icahn, who became the company’s biggest holder. Icahn went on to defend the company, which sells weight-loss shakes and vitamins, and assailed Ackman — who exited his position by 201

However, the new saga of Adani group is escalating the ambiguity adding questions on the India growth story. The nation’s largest listed group, which accounted for 7% of India’s total market capitalisation has corrected to 3.7%.

Adani chose to forgo the short-term victory of nailing the follow-on offer to protect his longer term relationships with marquee investors who otherwise were staring at some embarrassing mark-to-market losses on the sums they had committed.

Powell has said he does not expect inflation to fall fast enough to allow the Fed to cut rates at all this year. Friday's Labor Department report did show slower growth in average hourly earnings to a 4.4% pace, from an upwardly revised 4.8% in December.

Adani chose to forgo the short-term victory of nailing the follow-on offer to protect his longer term relationships with marquee investors who otherwise were staring at some embarrassing mark-to-market losses on the sums they had committed.

The short position put Ackman at odds with fellow billionaire, Carl Icahn, who became the company’s biggest holder. Icahn went on to defend the company, which sells weight-loss shakes and vitamins, and assailed Ackman — who exited his position by 201

When the S&P 500 has advanced in January, the market has gone on to rise in the subsequent February-December period 83% of the time, with an average 11-month gain of over 11%, according to an analysis of data going back to World War II by CFRA Research.

The jobs report "was an incredible surprise and it raises a lot of questions about what the Fed is going to do next," said Kristina Hooper, chief global market strategist at Invesco. "What I think is causing some of

The government hiked the National Calamity Contingent Duty (NCCD) on cigarettes by 16%. NCCD accounts for about 10% of overall taxes on cigarettes. Analysts expect the hike in the duty to give room for ITC to raise prices by about 1-3% across categories, which will subsequently drive its profitability.

The Sensex closed at 60,841.88, up 909.64 points or 1.52% from the previous close. The Nifty advanced 1.4%, or 243.65 points, to end at 17,854.05. For the week, the Sensex rose 2.5% - the highest weekly gain in 27 weeks, while the Nifty advanced 1.4% - the highest weekly gain in six weeks.

With an aim to boost business activities in the international financial hub GIFT IFSC, the government in the Budget paved the way for IFSC units to issue participatory notes or offshore derivative instruments to foreign investors. Participatory notes (P-notes) are issued by registered foreign Portfolio Investors (FPIs) to overseas investors who wish to be part of the Indian stock market without registering themselves directly. They, however, need to go through a due diligence process.

ET earlier reported that the central bank had asked all lenders to submit details pertaining to their exposure to the Adani Group of companies. Concerns arose after a US-based short-seller alleged fraud and governance lapses at the Adani Group, leading to a $110 billion loss in market capitalisation.

If they opt for increasing public holding pursuant to exercise of options and allotment of shares under an ESOP scheme, it would be subject to a maximum of 2% of the paid-up equity share capital of the listed entity. And the promoter group would not be allotted any shares.