The Nifty resumed its upward momentum on Tuesday, closing just above the 18,604 level, the previous all-time high from where it had started slipping. Many consolidating stock are now on the rise.

Overnight Wall Street surged, before paring gains to leave the S&P 500 up 0.7% at the close. The dollar, which is falling from 20-year highs as U.S. interest rate expectations retreat, dropped broadly and sharply, while bonds rallied.

The rally in the global markets could spill over into India as mutual funds, flush with money from retail investors through the SIP route, remain net buyers.

Maruti Suzuki India’s daily trend is bearish. Based on RSI, it is currently at around 36 confirming weaknesses. Based on option chain analysis, the range is between 8000 and 9000. This is a wide range. Using the PCR ratio, it is at 0.4 and again confirms weaknesses. Let’s plan a trade around that.

U.S. stocks rose on Tuesday after a unexpectedly small consumer price increase buoyed optimism that the Federal Reserve could soon dial back its inflation-taming interest rate hikes, but concerns remained the central back could stay aggressive.

Yes Bank said private equity majors Carlyle Group and Advent have picked up 9.99 per cent stake in the bank. The two private equity funds together would pump in about Rs 8,896 crore in the lender.

"There was some excitement early on that the CPI number was once again below expectations - it shows some sequential cooling - but once we saw that initial pop, stock investors kind of reassessed," said Jason Ware, chief investment officer at Albion Financial Group in Salt Lake City, Utah.

In a discussion paper floated on November 4, the Securities and Exchange Board of India (Sebi) proposed uniform standards for regulated entities - including foreign portfolio investors (FPIs), mutual funds and brokerages - while storing information on cloud.

The threshold price is the minimum price that a resolution applicant must offer to participate in the first round of the challenge auction to acquire the company that is undergoing corporate insolvency resolution.

Warren Buffett's firm started publicly reducing its stake in Shenzhen-based BYD in August, when it cut its holding from 20.49% to 19.92%. The pace of sales accelerated in November. Berkshire only has to disclose sales of 1% or more, with any transactions to counterparties under that figure not publicized. Berkshire's holding now stands at 14.95%.

Sapphire Foods, Barbeque-Nation Hospitality, Mrs Bectors Food, and V-Mart are among the brokerage's top picks among smaller consumer companies. IIFL's price targets for these stocks imply a 22-28% upside from Tuesday's closing prices.

BoB currently holds 98.57 per cent of the total equity share capital of NBL. Details about the process of transaction are given in the PIM, which will be published on Wednesday for inviting EOI from bidders, it said.

"This definitely sets the ball rolling for the Fed to consider and deviate from the super aggressive rate hikes to mild or status quo policy actions," said Dhawal Dhanani, fund manager at Samco Mutual Fund.

In January 2021, Musk became the richest person in the world for the first time, with a net worth of more than $185 billion. Meanwhile, Tesla shares are further sliding, amid reports that Tesla will cut production at its Shanghai plant by 20 per cent in December.

The stock has risen over 5% in a month, and over 18% in the last 6 months, which helped it hit fresh highs in December

Three independent directors have resigned since November 22 amid allegations of mis-governance at the company. Independent directors Jayant Gokhale and Devendra Saksena resigned on December 2 while Sushama Nath resigned on November 22 after the release of the audit report earlier in the month.

The Dow Jones Industrial Average rose about 1%, the S&P 500 gained 1.7% and the Nasdaq Composite added 2.4%.

"UBL has been trading in a steady up trend since March 2020. Positional traders and short-term investors can accumulate in the given range of Rs 1760-1780," Ajit Mishra, VP - Technical Research, Religare Broking Ltd., said.

The company will utilise at least 50% of the amount set aside for the buyback of shares

​​The share issue will translate into 5.9% stake each for both the PE firms in the private sector lender. Their stake will go up to around 10% after the conversion of the warrants

The entity is managed and controlled by US-based private equity firm General Atlantic.The shares were sold at an average price of Rs 1,810.09 apiece, taking the transaction value to Rs 564 crore.Post the latest transaction, General Atlantic's shareholding in the company will reduce to 17.46 per cent from 20.96 per cent.

The Dow Jones Industrial Average rose 555.64 points, or 1.65%, at the open to 34,546.65

Benchmark U.S. Treasury 10-year note yields - which move inversely to prices - dropped by about 15 basis points just after the data and then climbed to about 3.5%, still about 7 bps lower than their level ahead of the release.Two-year-yields fell over 15 bps to then climb to 4.26%, still 9 bps lower than prior to the release.

Rent inflation may be moderating sooner than many feared. The annualized monthly rate of core inflation was only 2.4% in November, down from 3.5% in October, and way lower than the 7.2% in September. If the inflation numbers stay where they are, we're already close to peak tightness for where monetary policy should be

The core rate which excludes volatile food and energy prices is expected to have increased 6.1%, after a 6.3% rise in October.Money market participants now see an 89% chance that the Fed will increase the benchmark rate by 50 basis points on Wednesday, with the rates peaking in May 2023 at 4.98%.

Benchmark index Sensex closed higher by about 400 points at 62,533 on Tuesday. During this rally, 8 PSU banking stocks 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.

Valuation of Sensex is the highest among the emerging market peers, all of whom are trading at 0.9-1.7 times their 1-year forward price-to-book value, the brokerage said in a note

The consolidation of Housing Development Finance Corporation and unit HDFC Bank will create a more than $200 billion financial services behemoth, and the parent will be able to tap the bank’s deposits to grow, rather than pile on more debt

Equity benchmark Sensex notched up smart gains on Tuesday after a two-day losing run as investors accumulated IT, finance and energy stocks in the wake of encouraging retail inflation data. After a subdued opening, the 30-share BSE Sensex gained momentum as the session progressed to close 402.73 points or 0.65 per cent higher at 62,533.30.Similarly, the broader NSE Nifty advanced 110.85 points or 0.60 per cent to end at 18,608.“Nifty is witnessing a minor bounce back within the short-term consolidation. On December 12, the index had taken support near 18350 & hereon, the index has taken an intermediate leap. On the way up, it crossed a falling trendline but halted near the hourly upper Bollinger Band. Also, the daily chart shows that the index has moved up to retest the lower channel line after the recent channel breakdown,” Gaurav Ratnaparkhi, Head of Technical Research, Sharekhan by BNP Paribas, said.Here are 6 stock recommendations for Wednesday:

Benchmark indices ended in the green on Tuesday after retail inflation dipped below the RBI's upper tolerance level of 6 per cent for the first time in 11 months in November. . Nifty added 0.6% or 111 points to end at 18,608, while Sensex climbed 402 points or 0.65% and settled at 62,533. Sectorally, public sector banks continued their winning run and added another 4%, while FMCG and Realty packs ended in the red.Here are the stocks that hogged the limelight on Tuesday:

India VIX was down by 3.28% to 12.88 levels from 13.31. Volatility dropped to its multi-month low and has been hovering at lower levels from the last two months.Option data suggests a trading range in between 18,300 and 19,000 zones, while an immediate trading range in between 18,400 and 18,750 zones.

At present, the top five discount brokers account for 59.1% of overall NSE active clients, up from 58.9% in October 2022. Zerodha remained the top broker with a 24 bp rise in market share to 18.3%; however, it reported a 0.5% MoM decline in its client count to 66 lakh.

Among Sensex stocks, IndusInd Bank, Bajaj Finance, TCS, HCL Tech, M&M and Infosys were the top gainers, rising around 1.5-2%

The BSE Power index is the best-performing sector among all sectoral indices for the year 2022. 7 of 11 power index stocks gained over 25 percent. It includes three stocks from the Adani Group. Adani Power tops the list with a gain of over 200 percent in a year. Most of these stocks have more strengths than weaknesses, according to the SWOT analysis. Take a look at the key strengths of these stocks, according to Trendlyne.com.

Closing Bell: Sensex snaps 2-day losing streak, jumps 403 points; Nifty tops 18,600; Dhanlaxmi, Central Bank zoom 18% each.

The bankers declined to be named as they are not authorized to speak to media. The Reserve Bank of India did not reply to an email seeking comment.The central bank had in October informally communicated to banks to halt building new positions in the NDF market to manage the rupee's volatility. The rupee had dropped to record low of 83.29 in October.

In November, mutual funds deployed Rs 1,700 crore and alongside FIIs bought Rs 34,900 in the Indian secondary market. Key additions by MFs in November were in HDFC Bank, Axis Bank and Archean Chemical, whereas they trimmed holdings in ICICI Bank, HCL Technologies and Kotak Mahindra Bank. Here is a list of the top 10 stocks where MFs increased their portfolio, according to a report by Nuvama Institutional Equities:

The scirp has surged as much as 32% in the last three sessions from Rs 17.4 levels on Thursday, December 8. It has gained about 50% in about three months, whereas it's up 67% in the six-month period.Investors are hopeful about the fresh developments of private sector lenders. Besides, Yes Bank bank is eyeing fresh investments by Carlyle Group and Verventa Holdings.

The Nikkei ended the day up 0.4% at 27,954.85, after hitting a high of 28,116.56, a level not seen since Dec. 1, but then gradually pared those gains during the morning session and traded mostly sideways in the afternoon.

"Based on how macro things play out, we expect Nifty to trade in a range from 17K-20K. In our base case we value Nifty at 21.5x near +1SD to its long-term average with a target of 19.5K," BofA analyst Amish Shah said in a report.

Alec Young, chief investment strategist at MAPsignals, said that while “retail might have it right,” the professionals’ caution is warranted because consumer price index data will be released Tuesday, a day before the Federal Open Market Committee rate decision and both have driven big market moves.

The company has been absorbing a significant portion of the increased costs, but the steep rise in overall input costs has compelled it to pass on some proportion through this minimal price hike,” the automaker said in a release.In the quarter ended September, Tata Motors’ India business witnessed an over 33% year-on-year (YoY) rise in input costs to Rs 9.674 crore. Raw material cost as a percentage of sales was 65% in the quarter.

Out of the 12 crore users, about 42% fall in the 30-40 age bracket, followed by 23% in the 20-30 and 11% in the 40-50 age bracket. Since 2008, the highest annualised growth of 31% has been recorded in the age bracket of 30-40. About 20% of the new additions came from Maharashtra, followed by 10% from Gujarat and 9% from UP.

Domestic equity markets have been in corrective mode lately as the benchmark indices have seen a sharp profit booking in the last few sessions, keeping traders on tenterhooks. However, brokerage firms see enough money-making opportunities in a number of stocks. Based on their recommendations, here are some top picks from brokerage firms where traders can initiate buying for short-term gains:

Which brings the focus to flows. FIIs have sold close to $20 billion in CY22 but were buyers for four of the past five months. In comparison, equity fund flows into mutual funds (including ETF) have topped $45 billion, a massive increase over previous years, save for a nuance. Non-SIP flow in mutual funds has been negative for four of the past five months.

The company board has approved sub-division of equity shares in a 1:5 ratio. This means that every share with a face value of Rs 10 each will be divided into five equity shares of a face value of Rs 2 each.

This order is for civil and structural works at the Panipat Refinery Project complex. The company has secured orders from Indian Oil for the construction of civil and structural works in Panipat, Haryana, the filing further added.

Given the net worth of Rs 13,564 crore, the maximum buyback of Paytm from the tender route can be Rs 3,391 crore and the maximum buyback through the open market can be Rs 2,035 crore. If Paytm wants to avoid a special resolution, it will have to do a buyback of less than 10% of net worth, which comes close to Rs 1,356 crore, according to a report by ET Now.

Following the development, brokerage firm Jefferies said, "If the acquisition fructifies, it will enable Dalmia to expand its footprint into the Central Region and add one more region to its vision of emerging as a pan India cement player. Deal timelines, additional required capex, limestone reserves are key for the company.”

The Rs 552-crore initial public offering (IPO) of Landmark Cars kicked off for subscription on Tuesday, December 13. Investors can subscribe to the issue in the range of Rs 481-506 apiece till Thursday, December 15. Here's what company's top management had to say. Listen in.