Shares of Tata Motors fell 2.5% to a day’s low of Rs 963.60 on Tuesday, following a block deal involving approximately 1.9 crore shares at Rs 970 per share, totaling Rs 1,758 crore. The deal represents about 0.4% of the company’s equity, though the involved parties are not currently known.

SPP Polymers' shares debuted on the NSE SME platform with a 6.78% premium, listing at Rs 63 against an issue price of Rs 59. The IPO saw a strong investor response, being subscribed over 40 times. The company plans to use the proceeds for loan repayment, working capital, and general corporate purposes.

Globus Spirits' shares rose 4% to Rs 1,373 after launching DŌAAB India Craft Whisky, a limited-edition single malt. The whisky, inspired by an Indian fable, is priced between Rs 4,500 and Rs 5,500.

Ola Electric Mobility shares rose 6% to Rs 114.30 after Goldman Sachs and BofA set target prices of Rs 160 and Rs 145. Goldman sees 48% upside; BofA sees 34%.

PN Gadgil Jewellers Share Price: Ahead of its listing, the company's shares traded with a 63% premium over the issue price. The IPO, featuring a fresh equity sale of 1.77 crore shares and OFS of 52.08 lakh shares, was met with robust investor interest, closing with an overall subscription of over 50 times. Prior to the opening, PN Gadgil Jewellers secured Rs 330 crore from anchor investors by allotting 68.74 lakh shares to 25 investors. The IPO proceeds are intended for setting up 12 new stores in Maharashtra, repaying debt, and other general corporate purposes.

Dixon Technologies Ltd, a consumer electronics company, has seen significant profit-taking since July 2024. However, a rebound from the 200-Days Exponential Moving Average indicates continued bullish momentum. Experts suggest short-term traders buy now with a target of Rs 13,850 in the next 3-4 weeks, supported by strong technical indicators.

Bajaj Housing Finance surged 136% on its listing day and rose another 10% to Rs 181.48. PhillipCapital's coverage sets a Rs 210 target, highlighting strong growth potential and favorable returns.

The optimism in the Indian equity markets seems to be driven by the weakness in the US job market and benign inflation, which are pointing to potential rate cuts, along with an inflow of foreign money, leading to expectations of stability in domestic growth.Various sectors and many individual stocks have performed well in the recent past and even have promising growth prospects have led to various brokerage firms to expand their coverage universe.Here is a list of 8 stocks in which brokerage firms have initiated coverage recently with upside potential of up to 71%:

As the US Fed meeting starts, Sensex and Nifty opened flat; FMCG stocks rose, while Tata Motors dropped after a block deal.

Sensex rebounded nearly 100 points to hit a lifetime closing high, while Nifty ended just shy of its record peak. Stocks in focus included Macrotech Developers, HDFC Bank, and Adani Green. Analysts suggest cautious approaches for these stocks, with specific recommendations for entry points and target prices.

Experienced investors are making less money compared to retail investors in the current market, says Nilesh Shah of Kotak Mahindra AMC. He attributes this to conservative betting and warns of potential corrections in overvalued stocks. Shah advises moderating return expectations as the market fundamentals remain strong.

BofA has initiated coverage on Ola Electric with a buy rating and a target price of Rs 145. The company focused on transforming two-wheelers to electric, is positioned to succeed due to its technology and cost leadership. Despite some skepticism around battery technology, the stock is seen as a worthwhile bet. Goldman Sachs has also given Ola Electric a Buy rating, setting a target price of Rs 160.

The Indian market is expected to trade higher on Tuesday, influenced by positive global cues. Nifty futures closed with a gain of 0.25% on Monday. Analysts suggest a broader trading range between 24,900 to 25,800 zones. Key stock recommendations include Infosys, Hindalco, and IndusInd Bank for short-term gains.

The US Federal Reserve begins a crucial two-day meeting to decide on interest rate cuts. Investors are keenly watching whether Jerome Powell will opt for a 25 or 50 basis point cut. The outcome will significantly impact stock prices, depending on Powell's motivations and the economic outlook.

State-owned Container Corporation of India (CONCOR) and 31 other companies have set September 18 as the record date for determining shareholders' eligibility for dividend payments. Today is the last day to buy shares to qualify for dividends. CONCOR announced a final dividend of Rs 2.50 per share, with a total dividend yield of 1.16% over the past year.

Sensex rebounded nearly 100 points to hit a lifetime closing high, while Nifty ended just shy of its record peak. Stocks in focus included Macrotech Developers, HDFC Bank, and Adani Green. Analysts suggest cautious approaches for these stocks, with specific recommendations for entry points and target prices.

Bajaj Housing Finance's IPO saw a strong debut, but technical issues led to the disqualification of nearly 14 lakh applications. Most rejections were due to UPI-related glitches, affecting investor participation. The company received a record 89.07 lakh applications, with 74.46 lakh deemed eligible after rejections.

Microsoft's board has approved a $60 billion share buyback program and declared a quarterly dividend of $0.83 per share, an increase of 10%. The company will hold its annual shareholders meeting on Dec. 10. Microsoft is increasing its spending on AI infrastructure, with capital spending rising by 77.6% in the last quarter.

Bajaj Housing Finance made a remarkable debut on the stock market, listing at ₹150, a 115% increase from its IPO price of ₹70. The stock closed at ₹165, making it the most valuable in its segment with a market cap of ₹1.37 lakh crore. Analysts predict further gains in the near term.

Shares of housing finance companies fell after Bajaj Housing Finance's strong debut, as investors considered the prior run-up excessive. The future performance of these shares depends on Bajaj Housing Finance's stock. PNB Housing Finance and LIC Housing Finance saw significant declines, while others like Can Fin Homes and Aavas Financiers also dropped.

The Securities and Exchange Board of India (Sebi) has retracted its September 4 statement blaming external elements for employee unrest. Following discussions, Sebi decided to address internal issues in-house. The initial complaint involved allegations of a toxic work culture under Chairperson Madhabi Puri Buch's leadership.

“Oberoi Realty stock has been consolidating in a broader range of 1700-1850 with formation of lower high and rising bottom formation on daily charts. Traders can buy for a target of Rs 1050-1975 in the next 1-2 months,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.

The S&P 500 saw a slight gain while the Nasdaq fell due to a drop in technology stocks. Apple and chipmakers like Nvidia and Broadcom declined, affecting the market. Investors are cautious ahead of the Federal Reserve's rate cut decision. Intel rose on news of federal grants, while Boeing faced challenges with hiring freezes and potential furloughs.

Stocks in news: Domestic markets closed slightly higher on Monday, continuing Friday's recovery. Key stocks in focus include Tata Steel, Torrent Power, TVS Motor, JK Tyre, and Firstsource due to various developments. Notable highlights include Tata Steel's expansion in Odisha and Torrent Power's significant investment in renewable energy projects.

Asian stocks were steady early Tuesday following a mixed session on Wall Street. Traders are betting on a half-point rate cut from the Federal Reserve this week. Markets in China and South Korea remain shut for public holidays. Investors are also watching the trading debut of Chinese appliance giant Midea Group Co. in Hong Kong.

The markets experienced another day of consolidation, with the Nifty 50 showing cautious movement. Even in volatile markets, there are pockets of momentum. ICICI Bank is on the verge of a breakout, potentially reaching higher levels. Triveni Engineering and Industries also saw a bullish breakout from a pennant formation, indicating a possible 10% rise in stock price.

After hitting a record high of Rs 1,952 in June, the real estate stock has been consolidating within a range. It recently broke out from this consolidation, closing at Rs 1,814 on September 13th, boosted by a strong bullish candle. This momentum also led to the stock reclaiming its 50-day moving average, a positive sign for investors.

Early pre-order data from BofA Global Research revealed shorter global shipping times for the iPhone 16 Pro models compared to last year's 15 Pro models, as of Monday, three days after the company started taking pre-orders .

Goldman Sachs bought 7.4 lakh shares in India Shelter Finance Corporation through a block deal at Rs 752.35 per share. Other buyers included SBI Life Insurance and ICICI Prudential Life Insurance. Nexus Ventures III Limited and Nexus Opportunity Fund II Limited were the sellers.

The Bajaj Housing Finance IPO, which saw a multi-bagger listing with a 114% premium, has created FOMO among investors. Due to high valuations, analysts advise caution, suggesting profit booking for short-term gains while recommending long-term holding for potential growth. The IPO's success may lead to a re-rating of private NBFCs in the market.

Technology stocks impacted the S&P 500 and Nasdaq as traders showed caution ahead of the Federal Reserve's upcoming monetary policy decision. Rate-sensitive chip stocks, including Nvidia and Broadcom, saw declines. Apple also fell due to lower-than-expected demand for its latest iPhone model. Economic data reports are expected throughout the week.

The head of India's market regulator and her husband are answering allegations of conflict of interest raised by the main opposition Congress party, and the facts have to be "taken on board", Finance Minister Nirmala Sitharaman said on Monday.

The S&P 500 and the Nasdaq opened lower on Monday, as caution set in on Wall Street ahead of the Federal Reserve's pivotal monetary policy decision, due later in the week, with a majority of traders pricing in a steep cut in borrowing costs.

Rice stocks were in heavy demand on Monday, with Kohinoor Foods surging 20 per cent, after the government said the USD 950 per tonne minimum export price (MEP) on basmati rice has been removed.

The board of Reliance Infrastructure Ltd will meet on September 19 to consider a preferential issue of shares to raise funds, the firm said in a stock exchange filing on Monday.

SEBI has reduced the time for crediting and trading bonus shares to two days from the record date. This change will be applicable to all bonus issues announced after October 1, 2024.

India's benchmark index Sensex on Monday rose by approximately 98 points, closing at 82,989. During this climb, 12 stocks within the BSE 100 index reached their highest prices in the past year. Achieving a 52-week high is noteworthy as it represents the peak price a stock has reached over the last year, offering valuable insights for traders and investors. This milestone is crucial for assessing a stock's current value and forecasting future price trends.

Despite a small negative candle for the second consecutive session, analysts suggest this could signal a continuation of the uptrend. Open interest data also supports this view, with higher call OI at 25,400 and 25,500 strikes.

Sebi's dismissal of a case against NSE and its officials in the co-location scam has revived hopes of the exchange's IPO. This decision, citing insufficient evidence, clears a major hurdle for NSE's long-awaited public offering.

Consider Kelly Mardis, who owns Marcel Painting in Tempe, Arizona. About a quarter of Mardis' business comes from real estate agents who are prepping homes for sale or from new home buyers. Customer queries, he recalls, quickly dropped almost as soon as the Fed started jacking up interest rates in March 2022 - and then kept raising rates through July 2023.

Adani Enterprises and Wilmar International plan to sell a 13% stake in their joint venture, Adani Wilmar, to comply with Indian shareholding regulations. The sale could be completed in one or two tranches by February. Adani Wilmar's stock rose on the news.

The market saw a near-even split between winners and losers, with 26 stocks closing higher and 24 lower. NTPC, JSW Steel, Hindalco Industries, Shriram Finance, and L&T led the gains, while Bajaj Finance, Hindustan Unilever, Bajaj Finserv, SBI Life Insurance Company, and Britannia Industries saw declines.

Shares of newly-listed Kross Ltd soared 12.5% in intraday trading, hitting a peak of Rs 269 on the BSE. This significant rise followed a subdued debut, with the stock initially listed at Rs 239 on the BSE and Rs 240 on the NSE. Prior to the listing, the company's shares were trading with a 10% grey market premium.

Mahindra & Mahindra shares rose 2% on Monday after launching its new LCV, "Veero." The Veero is designed for the domestic market and offers best-in-class features like payload capacity, mileage, and safety. Priced at Rs 7.99 lakh, it aims to set new standards in cost of ownership and performance.

The APEDA (Agricultural and Processed Food Products Export Development Authority) was requested to take immediate action to implement the decision

Bajaj Housing Finance's stellar debut overshadowed the share trading of its competitors LIC Housing Finance and PNB Housing Finance, causing their shares to decline. Bajaj Housing Finance shares hit a high of Rs 165, after listing at a 114% premium of Rs 150, whereas LIC Housing Finance and PNB Housing Finance saw their shares fall to Rs 678 and 1,061, respectively.

When an industry stays in deep trouble for a long time, there are some players who are able to survive. How do they do it ? Either by changing the way they operate in terms of management ability, by adding new products or any others. The paper industry has been facing multiple challenges, now after years of consolidation in which many players exited, there are few left and have achieved a scale. Numbers are reflecting it, when will the street start to have a look at them more kindly and shed the old bias it has against some of the sectors.

Just like gravity anchors objects to the ground, economic fundamentals usually dictate the direction of equity markets. Yet, in the short run, particularly during economic booms, markets can appear to defy this natural order, leaving investors perplexed by this seeming paradox.

Reliance Power shares surged 5% after securing a 500 MW battery storage contract through SECI's e-reverse auction. This marks a significant entry into the renewable energy and storage sector for Reliance Power, which submitted a competitive tariff bid of Rs 3.81999 lakh/MW/month.

When several mutual fund schemes invest in the same stock, it generally boosts investor confidence. As of August 2024, 171 stocks were held by each of over 100 mutual fund schemes. ETMarkets' recent analysis reveals that 73 of these stocks have experienced price increases of over 25% this fiscal year (FY25), and we have highlighted 10 stocks that have gained between 60% and 80% so far this year. (Data Source: ACE MF, ACE Equity)