Sensex flat, Nifty above 17,900; Nykaa falls 4%, Delhivery 2%; YES Bank, Vodafone Idea, IDFC First Bank, Samvardhana Motherson are some of the top movers in morning trade.

“The dominant trend impacting the near-term texture of the market is the sustained selling by FIIs for the eleventh time this month. The simple logic behind sustained FII selling is that India is the only large market where FIIs are still sitting on good profits after the disastrous 2022 performance in most global markets,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.

The stock peaked at 509 in Sept 2021 and formed a lower high thereafter at 429 in Sept 2022. Since then the price has been sliding lower gradually. Over the past few sessions price has breached the swing low support of 350 and the recent lower low of 332. Price has faced strong resistance at 349 while attempting a recovery, this level happens to be a Fibonacci retracement resistance.

When a company goes ex-dividend on a particular date, its stock does not carry the value of the next dividend payment. Usually, an ex-dividend date is set one or two days before the record date.

The markets were largely in the negative territory on Monday, with the Nifty ending the day with a small loss. The information technology stocks have remained muted in the last couple of weeks.

ICICI Prudential Life Insurance Company’ daily trend is bullish. RSI for monthly and weekly are indicating a sideways trend. Based on option chain analysis, the range is between 450 and 500. Let’s plan a trade around this.

Nifty futures on the Singapore Exchange traded 30.5 points, or 0.17 per cent, higher at 17.975.50, signaling that Dalal Street was headed for a positive start on Tuesday. Here are some stocks which are expected to see some action in trade today.

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 Indusind Bank and IDFC while Kunal Bothra has a buy/sell recommendation on IRB Infa and Tata Motors for today's trading session. Check out the targets and stoploss.

Two-thirds of private and public sector chief economists surveyed by the World Economic Forum in Davos expected a global recession this year, with some 18% considering it "extremely likely" - more than twice as many as in the previous survey conducted in September 2022.

The volume behaviour is robust as volumes are higher on up days and lower on down days. The lagging span line has surpassed the cloud resistance with conversion and base line heading north hints at a positive momentum.

Raymond has seen a strong recovery post Covid. It also entered the real estate business using its land parcel in Thane and has started other joint development projects in Mumbai. These projects have a net positive cash flow thanks to land ownership and delivery before schedule.

On Monday, senior advocate Ravi Kadam, appearing for Reliance Capital administrator Nageswara Rao Y, sought a day's time to file his response saying that they had received Torrent's communication quite late.

Under the scheme, the regulator proposes to reward informants up to ₹20 lakh per case or 10% of dues recovered with the help of the tip, whichever is less, said the Sebi board meeting minutes. The informants will also be eligible for an interim reward of up to ₹5 lakh. Also, the identity of the informants will be kept confidential by Sebi.

"Dmart has a formidable business model and the growth opportunity is also large, but it needs an aggressive growth strategy to justify the valuation level it commands," said HSBC in a note after the results. Nearly 19 lakh shares exchanged hands on BSE and NSE, over six times the average daily volume on both exchanges in the past month.

The authority also suggested that a time frame be introduced for reclaiming such shares. As per the proposal, claimants would be able to reclaim their shares if they apply within the stipulated time. Thereafter, the authority would sell the shares and convert them into money and the claimants would get the sale value of shares instead of shares.

The RBI will adopt the ECL approach used in IFRS 9 for prescribing guidelines for loss provisioning by banks. It has also proposed to implement, ECL approach for loss provisioning to all scheduled commercial banks, excluding regional rural banks.

Of the 31 analysts tracking the stock, 30 have a 'buy' or 'outperform' rating while one has a 'hold' rating. On aggregate, these analysts expect the stock price to hit ₹1,904.6, which translates into a 20.1% upside potential from the current levels, showed a Bloomberg poll of analysts.

"This incentive scheme will promote digital payments by incentivising banks to build a robust digital payments ecosystem and to promote RuPay debit cards and BHIM-UPI as low-cost digital payments mode across all sectors and segments of population. In line with the Budget announcement, the scheme will also promote UPI Lite and UPI 123PAY as economical and user-friendly digital payments solutions," the notification said.

AII and RHFL had filed separate but identical appeals seeking the go-ahead for the former's resolution plan to take over the company in June 2021. The offer translates into a 74% haircut on RHFL's total dues of ₹11,541.44 crore.

The central bank has suggested that states consider creating a capital expenditure buffer fund in good times and not treat capex as residual and the first stop for cutbacks.

It has been showing strong outperformance in the last few weeks

"NCC has been showing strong outperformance since the last few weeks. The stock has now witnessed a strong breakout from bullish triangle pattern formation on weekly charts," Gaurav Bissa, VP, InCred Equities, said.

The company plans to disrupt the online retail trading space with three similar revolutionary platforms over the next two years in India and in the US.The Hedged app is available on the Google Play Store, and will be available on the Apple App store later this month.

The brokerage said Jio’s renewed focus on acquiring high ARPU (average revenue per user) customers over the past few quarters could mean that the telco will refrain from implementing a 4G tariff hike in 2023, leading to lower-than-expected Ebitda growth.

Noticee has not submitted the correct details to exchange regarding monitoring of client assets to exchange enhanced supervision framework. It was also observed that the funds of credit balance clients were being used for settlement/margin obligation of proprietary accounts," Sebi's Adjudicating Officer Barnali Mukherjee said in the order

Benchmark equity indices gave up early gains and ended the first trading day of the week on a subdued note on account of profit booking. Selling in metal, oil and gas and financial stocks as FII outflows dampened the investor sentiment.The 30-share BSE Sensex declined 168 points or 0.28% to settle at 60,093 as 15 of its constituents dropped. Nifty closed with a cut of 0.34% or 62 points at 17,895. Analysts are of the view that consistent selling by foreign institutional investors (FIIs) as well as lack of any positive trigger have created nervousness in the market.“Yet again we witnessed selling pressure from higher levels in the domestic markets and this indicates the intent or sentiments of markets. Nifty is stuck in a band of 17,750 – 18,050. Only a breakout or a breakdown from this range would dictate further market trends. Till that time, traders should focus on individual stocks for their trading bets,” said Mehul Kothari, AVP-Technical Research at Anand Rathi.Here are stock recommendations for Tuesday:

"It will be done in piecemeal manner and we are looking at QIP between Rs 500 and Rs 1,000 crore in the current quarter," he said, adding, going forward other means would be explored for dilution of the government's stake.

Peter was confident about reaching Siemens's goal of increasing revenue at the mobility business by 6-9% this year, although this contract would mainly appear as orders in 2023.

The company has fixed the record date as January 18. Providing a clarification on the record date, the company in a BSE filing said, “This is in reference to our earlier intimation regarding the record date for the purpose of bonus shares, whereby the company has fixed January 18, 2023, as the ‘record date’ for the purpose of determining the names of members who shall be entitled for allotment of bonus equity shares.

The benchmark index Sensex slipped about 170 points to 60,092 on Monday. Despite this fall, 8 stocks from the BSE 500 index 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.

Private lender Federal Bank on Monday reported its highest-ever net profit of Rs 804 crore during the quarter that ended December 2022, up 54% compared to Rs 522 crore in the same quarter in the previous fiscal year. The bank's net interest income for the quarter ended December 31, 2022, grew by 27.14% to Rs 1,956 crore from Rs 1,539 crore for the third quarter of FY23. Federal Bank's net interest margin or NIM rose to 3.49% during the December 2022 quarter, higher by 22 bps year-on-year (YoY) and 19 bps quarter-on-quarter (QoQ).

Public Sector Banks (PSBs) have come a long way over the past five years with profitability of top 7 PSBs under our coverage improving to an estimated Rs 909 billion in FY23 from a loss of Rs 594 billion in FY18. We estimate earnings traction to sustain aided by improved loan growth, margins and controlled credit costs," the brokerage said.

Mumbai-based Mt. K Kapital is a real estate focused fund management company with Sebi-approved Category II Alternative Investment Fund licence

“We expect emerging markets to outperform Japan this year, particularly favouring our key North Asia overweights of China, Korea and Taiwan. We are now more bullish on China growth recovery, given faster reopening, stronger housing support and tech regulatory easing," it said.

After opting for the T+1 settlement cycle for a scrip, the exchange must mandatorily continue with the same for a minimum of 6 months, SEBI had said. Thereafter, in case exchanges intend to switch back to the T+2 settlement cycle, they can do so by giving 1-month advance notice to the market, the regulator had said.

Markets have been facing selling pressure on the rise, showing uncertainty among the participants despite favorable cues. We feel it’s prudent to limit positions in the prevailing scenario and wait for a decisive breakout from the 17,800-18,100 zone in Nifty.

Nifty50 fell 62 points or 0.34% to settle at 17,895

Benchmark equity indices closed in the red on Monday following volatile trade due to extended foreign investor selling and higher oil prices. Mixed global cues forced indices to reverse earlier gains of the day. Banking and financial stocks were a drag so much so that better-than-expected earnings from HDFC Bank were offset. The BSE Sensex index ended 168 points or 0.28% lower at 60,093, while Nifty50 fell 62 points or 0.34% to settle at 17,895.

BFSI will drive incremental earnings growth in 3QFY23E aided by healthy business growth, NIM expansion, and benign credit costs, even as opex could remain high due to continuous investments in businesses.

The Pune-based bank's asset quality improved substantially as the gross non-performing assets declined to 2.94% as of December 2022 as against 4.73% as on December 2021. Meanwhile, net NPAs were down to 0.47% during the period under review

"Company's flagship model RV400 has been witnessing a robust demand and is by far the most technologically advanced bike in the world. These AI-enabled electric motorcycles capture millions of data points per second over the air to deliver a great driving experience to the riders," the company said. RattanIndia Enterprises seeks to significantly scale up Revolt's growth and make it the largest EV two-wheeler company in the country, it said.

2023 Budget is the last full budget before the Elections next year. Will it be a populous one? Deloitte India's Gaurav Gupta shares his expectations.

The company is in the right place at the right time and with the right products. The trend has just started. I am confident that Atul Auto has made India’s Tesla in three-wheelers, said the investor, who is also a director in the company.

Brokerages said Wipro's revenue growth of 0.6% QoQ CC was below Street estimates while EBIT margin uptick of 120 bps QoQ to 16.3% was a positive surprise.

The domestic market is pessimistic so far in January compared to the improvement in the global trend. A retrospective check of the pre-election budget of 2018 reveals a volatile stock market in Q1CY18.

The lender's interest income rose 15.6% year-on-year (YoY) to Rs 3,322 crore against Rs 2,874 crore in the same quarter of the last fiscal. The net interest margin for the lender improved to 7.41% for the quarter against 6.9% in the preceding three-month period

The global brokerage has an outperform rating on the stock with a target price of Rs 2,200. The biggest positives were continued growth in deposits of 20% (vs system of 10%) and a sharp increase in branch count.

The Relative Strength Index (RSI) is at 70.9. RSI above 70 is considered overbought. This implies that the stock may show a pullback. MACD is above its center and signal line, this is a bullish indicator.

Mukul Agarwal currently holds about 16,00,000 shares in the company, which comes to about 1.9% equity. The scrip was last trading at Rs 365.20 per share on BSE. It rose as much as 13.13% to day's high of Rs 368.20 against its previous close of Rs 325.45 apiece.

We expect the company to enjoy industry-leading growth in revenue and earnings. The balance sheet should continue to de-lever, and RoCE looks set to expand to 30% this year. Execution is top-notch with attractive industry opportunity-management guides for double-digit medium-term volume growth," it said.