On Friday, when the FIIs sold Rs 706.84 crore worth of Indian stocks, domestic institutional investors were busy making the most of the correction. NSDL data shows that DIIs were net buyers to the tune of Rs 3,399 crore on Friday.

In the last five trading sessions, BSE Sensex closed in the negative terrain for four out of five times. It tanked about 2.5% in four sessions. Due to weakness in the market, many stocks were in a freefall. Here are seven stocks from the BSE 100 index that have consistently fallen in the last 5 trading sessions. However, these stocks may see an upside potential of up to 40%, according to Trendlyne data.

ICICI Securities has a ‘buy’ call on IndiaMart InterMersh with a target price of Rs 6,000 and on Just Dial with a target price of Rs 750

What happens when a stock gets into an underperforming zone? Today's topic for learning is 'How To Spot A Turnaround?' or in technical terms 'A Selling Climax'. Let's dive into the lesson with ET Now's technical expert Kunal Bothra and see some practical cases of a sharp decline in stock prices to spot a Selling Climax or a Turnaround.

In the last five trading sessions, BSE Sensex closed in the negative terrain for four out of five times. It tanked about 2.5% in four sessions. Due to weakness in the market, many stocks were in a freefall. Here are seven stocks from the BSE 100 index that have consistently fallen in the last 5 trading sessions. However, these stocks may see an upside potential of up to 40%, according to Trendlyne data.

On Friday, when the FIIs sold Rs 706.84 crore worth of Indian stocks, domestic institutional investors were busy making the most of the correction. NSDL data shows that DIIs were net buyers to the tune of Rs 3,399 crore on Friday.

Apart from this, FIIs had stayed away from the Indian markets for some time. Their re-entry into the Indian markets, especially banks have led to the performance of the index. In November the FIIs' net purchases were worth Rs 22,500 crore, which was visible in the index.

Shares of Indian Overseas Bank (IOB) were the top gainers in today’s trade as the stock surged 13% to Rs 29.75 apiece. Meanwhile, shares of Union Bank of India, Bank of India and Bank of Maharashtra rose over 8%. PNB, Indian Bank, UCO Bank, and Central Bank of India advanced over 5% each.

Heavyweight Fast Retailing, owner of the Uniqlo brand, rose 2.0% and chip-making equipment maker Tokyo Electron gained 2.22%. Air-conditioning maker Daikin Industries climbed 1.39%.

With the IPO being oversubscribed more than thirty times, he got an allotment of shares worth over Rs 3 crore. On 23 July 2021, when the new-age stock debuted on exchanges at Rs 115 per share against the issue price of Rs 76 per share, he sent a mandate to his wealth managers to sell all his shares.

Following this, the Adani Group became the single largest shareholder in NDTV after first buying out a company backed by the founders and then acquiring more shares from the open market. “With mutual agreement, we have decided to divest most of our shares in NDTV to the AMG Media Network,” the Roys said in the release.

In Q2, the bank reported a nearly 50 per cent jump in its standalone net profit at Rs 151.74 crore in the quarter ended September 2021. The bank posted a profit of Rs 101.41 crore in the same quarter a year ago. Bank's provisioning for bad loans and contingencies raised substantially for the September quarter at Rs 474.95 crore as bad loans moved up.

Post the completion of this acquisition, Advent intends to explore the merger of its portfolio company, Cohance Lifesciences with Suven, to build a leading end-to-end CDMO and merchant API player servicing the pharma and specialty chemical markets, it said.

The strong credit growth and a major clean-up of the balance sheet drove public sector stocks, while the government’s push to increase spending on infrastructure and domestic manufacturing propelled the railways and defence sector outlook.

“The market selloff on Friday was the consequence of the cumulative impact of Covid fears, valuation concerns and margin calls in many momentum stocks. It is important to note that the 320 point cut in Nifty was caused on a day when DIIs bought heavily for Rs 3398 crores and FIIs sold only for Rs 706 crore,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.

Out of the cumulative Rs 11 lakh crore garnered till mid-December this year, funds totalling Rs 6.92 lakh crore were mopped up from the debt market, Rs 1.62 crore came from the equity market and Rs 2.52 lakh crore via the overseas route, data compiled by analytics major Prime Database showed.

Despite seeing a dent in earnings performance due to the spike in raw material prices and subdued international demand in 2022, shares of the country’s largest steelmaker have given positive returns for three consecutive years.

But Kuroda said wage growth will likely increase gradually due to intensifying labour shortages and structural changes in Japan's job market, which are leading to higher pay for temporary workers and a rise in the number of permanent workers.

For more than a decade, the stock has been taking support at a rising moving average followed by a breach of the intermediate falling trendline. In recent context, the stock is rising with the same characteristic,” he said.

Nifty looks set to end December on a negative note after 2.5% loss seen last week where the cuts were even sharper in the broader market. The weekly price action formed a bear candle carrying a lower high-low, indicating the extension of corrective bias. We have picked 6 buy-sell stock ideas for traders this week.

As we look ahead, the profitability of PSUs is shooting up across domestic as well as global cyclical with a turnaround in the fortunes of PSU Banks driving the overall trend. Higher commodity prices over the past two years have aided the P&L and balance sheets of Metals/O&G PSUs.

This year’s winners include shares linked to billionaire Gautam Adani and banks boosted by a sharp recovery in credit demand. Some of the biggest losers were shares of technology firms that languished following their public debuts and software outsourcing providers that faced concerns of a potential slump in overseas demand.

The S&P BSE Sensex fell nearly 1000 points on Friday while the Nifty50 managed to hold on to 17,800 levels.

The Indian markets faced a negative day on Friday, ending the day with sharp losses. Some defensive stocks though remained resilient

“The market selloff on Friday was the consequence of the cumulative impact of Covid fears, valuation concerns and margin calls in many momentum stocks. It is important to note that the 320 point cut in Nifty was caused on a day when DIIs bought heavily for Rs 3398 crores and FIIs sold only for Rs 706 crore,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.

Historical trends show that December has been a good month for Nifty with the index closing with a monthly gain for 80% of the time in the last two decades. This time, however, the index may end up on the other side as it has lost over 5% of its value so far in a month.

Tracking Asian equity markets, the Indian equity market kicked off the last week of 2022 on a firm note on Monday, led by gains in banking, financial and stocks. Sensex jumped 257.95 points to 60,103.24 in early trade. Nifty has risen 77 points to 17,883.80.

Motilal Oswal maintained its buy rating on Can Fin Homes with a target price of Rs 630, an upside of 29% from Rs 488 recorded on December 24. Re-rating is still contingent on CANF's ability to identify a successor. Robust franchise and follows a processes orientation approach which has served it well.

ET Now spoke to various experts and here's what they have to recommend for today's trading session. Rajesh Palviya has a buy/sell recommendation on Suven Pharma and Hero MotoCorp while Kunal Bothra has a buy/sell recommendation on Zee Entertainment and ICICI Bank for today's trading session. Check out the targets and stoploss.

Reliance Industries’ daily trend is bearish. Weekly RSI is around 47. Based on option chain analysis for the January series, the range is between 2500 and 2600. Let’s plan a trade around this for the January series.

The structure of the counter looks distorted as it has given a closing below the 200-SMA and is also trading below all its important averages. MACD and RSI are showing weakness and supporting the trend.

Appetite for risk taking was damped by concerns over China’s ability to cope after abandoning its Covid Zero policy. This was most evident in a drop in the Australian dollar, which is particularly sensitive to the outlook for demand in China.

The SGX Nifty 50 December futures is pointing to a slightly positive start for domestic equities on Monday. However, trade is expected to be subdued due to lower participation by foreign investors amid year-end holidays. Also, the rising COVID cases in China has unnerved investors, who are expected to remain on a sell mode. But here are some stocks which are expected to see some action in trade today.

Share India Securities’ board will meet for considering the proposal of raising funds by way of issue of one or more instruments including equity shares/convertible securities either by way of preferential issue/ rights issue.

Nifty created a deep red sea of 2.53% in the week ending on 23rd December 2022 which is seen after a continuous rise of six months. Such a big fall was seen in the mid-week of June 2022. All the sectors dived into the deep red sea giving nervousness to the portfolios of traders and investors.

Automakers are keeping an eye on potential dampeners such as a persistent high inflation, price increase on the back of regulatory changes and higher borrowing costs, notwithstanding a robust order book of nearly 750,000 units of passenger vehicles (PVs) as on November 30, said industry executives.

The external factors that pulled most global indices down in 2022, however, are expected to continue in 2023 — at least in the first half. So the investment tip for 2023 is simple: Buy stocks on dips and don’t sell them for at least 12 months.

The founders of NDTV, Radhika Roy and Prannoy Roy, will transfer 27.26% of their stake in the company to Adani Group-owned RRPR Holding. Consequently, Adani Group will hold 64.71% stake in the news broadcaster.

The founders of NDTV, Radhika Roy and Prannoy Roy, will transfer 27.26% of their stake in the company to Adani Group-owned RRPR Holding. Consequently, Adani Group will hold 64.71% stake in the news broadcaster.

​​The firm said it has been ‘gloom and doom’ for the domestic industry in the past few months because of high cotton prices and low demand for textiles and apparel in Western countries.

The resolution professional, Saurabh Kumar Tikmani backed by KPMG, invited lenders last week to vote on the resolution plans given by the PFC-REC team, Adani Power and Reliance Industries. The voting will end on December 30.

Chanda Kochhar and her husband Deepak Kochhar were arrested by the Central Bureau of Investigation (CBI) last week in connection with alleged cheating and irregularities in loans sanctioned by ICICI Bank to Videocon Group companies. A special court in Mumbai on Saturday remanded both of them to CBI custody until December 26.

Central bank communications in India, too, have come a long way - from the semi-annual monetary policy statements in April and October to a bi-monthly monetary policy when India instituted a flexible inflation targeting regime.

The Santa Claus rally is a tendency of stocks to rise in the last five trading sessions of a calendar year and the first two of the New Year. Since 2011-12, the Nifty has gained on nine out of 11 occasions during this seven-day period, according to data compiled by ET.

"Going forward, we expect card expenditure to moderate further over the next couple of months due to the end of festive season and inflationary impact on consumer spending," said Bunty Chawla, analyst, IDBI Capital.

Why is that so? For a start, defensive stocks should protect downside risks in a global environment that even the surest of soothsayers wouldn't describe as predictable. Then, valuations in India aren't cheap by any stretch of imagination, which puts territorial limits on how far the investing equivalent of explorers would go.

The stock gave a breakout from a Symmetrical Triangle pattern on the daily charts earlier in December 2022 around Rs 440 levels which opens room for the stock to head toward Rs 500 levels and make a new record high. Short-term traders can look to buy the stock now or on dips for a possible target above Rs 500 in the next 6-7 weeks, suggest experts.

​Technically, having closed at an 8-week low, Nifty formed a bearish candlestick pattern on weekly time frame with crucial support at 17,650-17,680. A breakdown below this zone could attract further selling pressure towards the 200-DMA at 17,200-17,250, while resistance on the upside is seen at 18,050-18,100.

By Abhishek Mukherjee New Delhi, Dec 25 (PTI) After a two-year liquidity-fuelled bull run, the BSE Sensex faced its moment of reckoning in 2022 as Russia marched into Ukraine, the US Federal Reserve came out all guns blazing in its war against inflation and a cataclysm engulfed global financial

From the options front, sharp decline post Fed meet has resulted in heavy Call writing at ATM and OTM strikes. While the put base is at ATM 18,300 strike, Call bases are much stronger at 18,400 and higher strikes. Hence, a move above 18,400 should be looked for fresh longs in the index.