“Indoco Remedies stock has given a fresh breakout above the inverted head & shoulder pattern on short-term charts while trend line breakout above the declining channel has also been observed on broader charts with rising volumes. Traders can buy for a target of Rs 425-430 in the next 5-7 weeks,” Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said.

Stocks in news: Equity markets ended a three-week winning streak with a loss of over 1.5%, influenced by weak global cues. Key stocks in focus include SpiceJet, Shriram Finance, Suven Pharma, Mazagon Dock, and Suzlon Energy due to various news developments such as funding plans, regulatory approvals, and significant contracts.

The capital market regulator Sebi has asked private equity and venture capital funds to disclose the names of investors who have been given special terms and representation on investment committees. This move aims to ensure transparency and address concerns about differential rights that may undermine other investors' interests.

Asian stocks declined on Monday following US jobs data, raising concerns about the Federal Reserve's timing on interest rate cuts. Markets in Australia, Japan, and South Korea saw losses, while US futures remained steady. The dollar held firm, and iron ore prices fell below $90 a ton for the first time since late 2022.

Tokyo's Nikkei index shed more than three percent on Monday, after weaker than expected US jobs growth and speculation over a Fed rate cut caused global markets to slump. Japan's currency has recently picked up on bets of a US Federal Reserve interest rate cut and growing expectations that the Bank of Japan will continue to raise its own borrowing costs.

Indoco Remedies has surged over 17% in the past month, breaking above the neckline of an inverse head & shoulder pattern. Experts suggest the stock could reach Rs 430 levels in the next 1-2 months. The stock is trading above key moving averages, indicating a bullish trend.

At this point of time, sentiment for the metal stocks is largely negative, right from weak economic numbers from China, to possible economic slowdown in the US economy. But if one looks at price behavior it is not so negative, which is indicating that stocks are in strong hands, who are not keen to sell even if sentiment might be negative. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.

A host of brokerage firms have initiated coverage on several stocks. They are bullish on these companies, which include Aadhar Housing Finance, Chalet Hotels, Godawari Power & Ispat, and Praveg with a targeted upside of up to 40%. Here is a list of 7 stocks on which brokerages initiated coverage:

India's benchmark indices logged their worst week in three months on Friday, amid concerns over US recession fear, dragged by banking and IT stocks. The S&P BSE Sensex closed 1.24% lower at 81.183, while the NSE Nifty50 ended below the 24,900 mark."The short-term uptrend of Nifty seems to have reversed down and the market is expected to shift into near term downward correction ahead. Having broken below the immediate support at 25000 levels, the next lower support is placed around 24500. Immediate resistance is at 25050," said Nagaraj Shetti, Senior Technical Research Analyst at HDFC Securities. Here are 6 stock recommendations for Monday:

It is very likely that given the global events of last week markets are likely to be volatile. So, two things which one should be mindful of before taking any buying decision. First, given the broader picture of global markets, be ready for some more correction. Second, don't buy stocks because they look relatively cheap compared to the recent past and that too based on a single ratio which is the price earning ratio. Rather it would be better to use PEG ratio. One of the ways is to determine by dividing a company’s PE multiple with its growth rate. ( see the example ) By focusing on the PEG ratio, investors can better differentiate between genuinely valuable growth opportunities and those stocks that appear cheap but are cheap for a reason.

It is after a gap of some time that we have seen a “risk off ” trade taking place in the US markets. The measure is simple, when stocks like Nivida and others form part of the AI ecosystem see a sharp decline, and it is NASDAQ which is leading the fall it clearly means that some moderation is taking place. This is bound to have an impact on the global equity market including India. The next logical question is how to deal with it. The answer lies in history, whether it is geopolitical tension or interest rate cycle getting unexpected disruptions, or risk off trade they keep happening. What one has to focus upon is stock selection and own good business and volatility whether global or domestic is taken care off automatically over a period of time.

It is after a gap of some time that we have seen a “risk off ” trade taking place in the US markets. The measure is simple, when stocks like Nivida and others form part of the AI ecosystem see a sharp decline, and it is NASDAQ which is leading the fall it clearly means that some moderation is taking place. This is bound to have an impact on the global equity market including India. The next logical question is how to deal with it. The answer lies in history, whether it is geopolitical tension or interest rate cycle getting unexpected disruptions, or risk off trade they keep happening. What one has to focus upon is stock selection and own good business and volatility whether global or domestic is taken care off automatically over a period of time.

The market capitalisation (mcap) of Infosys tanked Rs 17,061.44 crore to Rs 7,89,819.06 crore and that of Life Insurance Corporation of India (LIC) eroded by Rs 16,381.74 crore to Rs 6,57,009.14 crore

A long buildup occurs when open interest and trading volumes increase alongside a rise in the underlying stock price in the Futures and Options segment, signaling a bullish market trend. In Friday's trading session, five stocks saw fresh long positions. Here’s the list:

Expert stock predictions often miss the mark due to consensus bias. Success lies in spotting undervalued stocks before the market does. Understanding market expectations and avoiding common advice can yield better returns

The Indian hospitality industry is expected to recover significantly in 2QFY25 after a weak 1QFY25, with RevPAR projected to rise 9-11% YoY. Key drivers include pent-up demand, higher occupancy, and robust expansion by major players like Indian Hotels and Lemon Tree Hotels.

The Indian market closed in the red for the fourth consecutive day in a row on Friday. The S&P BSE Sensex fell more than 1000 points while the Nifty50 closed below 24,900 levels

In the week ending September 6, the Indian benchmark index Sensex experienced a weekly decline of approximately 1.43%. Despite this drop, nine penny stocks saw their prices increase by 10% to 55% over the same period. Our selection criteria focused on stocks with a market capitalization below Rs 1000 crore, a share price under Rs 20, and a last trading volume exceeding 5 lakh shares.(Data Source: ACE Equity)

The Indian hospitality industry is expected to recover significantly in 2QFY25 after a weak 1QFY25, with RevPAR projected to rise 9-11% YoY. Key drivers include pent-up demand, higher occupancy, and robust expansion by major players like Indian Hotels and Lemon Tree Hotels.

The Indian benchmark indices have slipped back into fear mode over the last two trading sessions, with caution prevailing ahead of a key U.S. jobs report that could impact the Federal Reserve's decisions on the pace and scale of interest rate cuts.Broad-based selling was witnessed across all sectors. In Friday’s session, the Nifty 50 index tumbled below the 25k mark closing 1.2% lower at 24,852.In such a market, domestic brokerage firm Axis Securities lists its top 9 large cap picks which have an upside potential of up to 31%:

The Sensex ended a three-week winning streak with a 1.5% loss amid weak global cues and lack of favorable domestic news. Key factors to watch this week include Fed rate cut hopes, IPOs, crude oil rates, FII activity, global macroeconomic data, inflation data, and technical support levels for the Nifty index.

While a correction had been happening on the street, with one sector witnessing a decline while other moved up. But on Friday, there was a sharp correction both at the level of Nifty, Sensex and market breadth. It was across the sectors. Reasons might be different but it is not the first time nor the last time that such a correction has taken place, they are part of the market and will keep happening at regular intervals. But as an investor the correction has to be on owning the correct business and not corrections. Now what is a correct business ? Simple, a track record of growth and sharing it with minority investors.

After performing well for a period of almost two years, PSU banks have been lately under performing. While it is normal that after a phase of out performance a sector witnessing some consolidation and even might under performer. But in the case of PSU banks, the fear is that it might end up becoming a sector which under performs for a long time. But everything has to be looked into in context. Yes, banking as a sector there are short term headwinds. The question is whether those headwinds are cyclical in nature or they are permanent in nature and which part of the operating matrix of banks is going to get hit by these headwinds. Understanding headwinds probably helps in taking better decisions when it comes to a sector like banking.

The volatility spiked as well; the volatility barometer India VIX surged by 13.63% to 15.22 on a weekly basis. While setting a distinct corrective undertone, the headline index closed with a net weekly loss of 383.75 points (-1.52%)

However, Vijayakumar cautions that the elevated valuations are still a concern. If the US growth concerns impact global equity markets in the coming days, FPIs are likely to use the opportunity to buy in India.

The Ambani-led company has announced that the date for determining shareholder eligibility for the 1:1 bonus issue will be revealed later. However, historical data suggests the record date for the RIL bonus shares might be next month.

Congress leader Pawan Khera on Friday had accused Sebi chief Madhabi Puri Buch of conflict of interest with the pharma company.

Over the last five trading sessions up to September 6, the Sensex index declined by approximately 1.43%, closing at 81,184, with losses occurring in 4 out of the 5 sessions. Despite this market weakness, ETMarkets identified 15 stocks from the BSE smallcap sector that demonstrated consistent price increases during this period. We further narrowed down the list to the top 9 stocks, which each experienced gains of over 10% within a week. (Data Source: ACE Equity)

The record date is the date set by the company to decide the shareholders who are eligible to receive the offer. To be eligible for a buyback offer, bonus issue or a stock split, the shares should be in the demat account on the record date.

Looking ahead, the domestic brokerage firm believes that the forthcoming regulations, such as risk-based solvency and IFRS, are expected to positively influence financials by releasing capital that can be utilized for growth and for retaining a larger share of business, particularly in the protection segment.

This growth is underpinned by the ‘Triple Multiplier Effect’ – the confluence of rising High Networth Individuals (HNI) investors, asset appreciation, and savings from incremental growth in income.

Peter Lynch, the famed American investor and mutual fund manager, is widely known for his "growth at a reasonable price" investment approach. He is closely associated with the PEG ratio, which compares price-to-earnings (PE) ratios to growth rates. MarketSmith has developed a custom screen inspired by Lynch's investment style, identifying securities that are trading at below-average prices on a PE or PEG basis and are not heavily owned by institutions.Here are 8 Indian stocks inspired by Peter Lynch's investment style, as listed on MarketSmith:

For Indian pharmaceutical companies, this scenario presents a distinct opportunity. Leveraging their established expertise and leadership in global COVID-19 vaccine distribution, along with robust supply chain efficiencies, Indian firms are strategically positioned to capitalize on this market shift. The departure of Chinese players from the market opens a significant gap, which Indian companies are well-equipped to fill .

Over the past two weeks, long-standing China bulls UBS Global Wealth Management, Nomura Holdings Inc., and JPMorgan Chase & Co. have all downgraded the country’s equities, citing concerns ranging from the property-led demand slump to piecemeal stimulus measures and geopolitical tensions ahead of the US elections.

Rama Steel Tubes was the top gainer in the smallcap pack with nearly 60% return, followed by Refex Industries (32.3%), Kitex Garments (27%), and 63 Moons Technologies (26%).

ETMarkets' analysis of BSE smallcap stocks shows that over the past three sessions (September 4-6 ), 8 stocks have consistently increased in price, trading volume, and delivery volume, indicating higher investor interest in these stocks. (Data Source: ACE Equity)

Indian tax authorities are seeking $101 million from Byju's, once India's biggest startup now facing insolvency. Backed by General Atlantic, Byju's was valued at $22 billion in 2022 but has struggled with regulatory issues and disputes with U.S. lenders. The company is currently managed by court-appointed resolution professional Pankaj Srivastava.

Uncertainty over the U.S. economy's health is affecting markets, with investors concerned about Federal Reserve policy shifts, a tight U.S. election, and high valuations. Recent jobs data suggests a slowing labor market, raising fears of economic pressure from elevated borrowing costs. The S&P 500 dropped 1.7% on Friday, highlighting market volatility.

All three main indexes were lower, with the 11 sectors of the benchmark S&P 500 losing ground led by declines in communication services, consumer discretionary and technology equities.

Replying to ET's emailed queries, Khanna confirmed that Deloitte and he had parted ways. "I am starting a new journey by joining the well established family business, which acquires real estate assets to turn them around financially. This has no conflict with Deloitte as Deloitte is not a real estate investment company...We have a very unique business model... Our model is based on asset acquisition through transparent bidding, in most cases overseen by NCLT. The business is growing rapidly, thanks to rapid urbanisation and the burgeoning middle class. I foresee many opportunities to expand it nationally," he said.

Both these funds were linked to the Adani Group in the January 2023 Hindenburg report. These funds have sought time till March 31, 2025, to comply with Sebi's new foreign portfolio investors (FPI) concentration norms to unwind their portfolios.

On Vi, it maintained its sell rating, while raising the price target to ₹2.5 from ₹2.2, implying a downside of 81.4% from Friday's closing of ₹13.43. Vodafone shares plunged 11% on Friday.

In the MSCI Standard Index, which focuses on large and mid-cap companies, China retains the top weight at 24%, with India following at around 20%. India reclaimed the second spot in the index last November, overtaking Taiwan.

The Supreme Court has requested responses from Chanda Kochhar, former MD of ICICI Bank, and her husband Deepak Kochhar regarding the CBI's appeal against a Bombay High Court ruling that deemed their arrest illegal in the Rs 3,250-crore Videocon loan fraud case. The High Court had criticized the CBI for what it saw as an abuse of power in the arrests and confirmed interim bail for the Kochhars.

Samir Modi was sacked from the company's board recently. Shareholders have not voted him back. They approved the appointment of his sister Charu Modi to the company's board.

The Tata Group's aviation business, including Air India and Vistara, reduced losses to ₹6,337 crore from ₹15,414 crore. Air India saw a 24% revenue increase to ₹51,365 crore. Tata Digital's business grew 148%, but net losses widened. Tata Sons' net profit rose 57% to ₹34,654 crore.

The regulations require overseas investment vehicles to provide granular details of all entities holding any ownership, economic interest, or exercising control, failing which they must liquidate their domestic holdings.

Sebi has revised the reporting timeline for entities with listed commercial papers to disclose their payment obligations within one working day of the due date. This change aligns with the requirements for non-convertible securities, enhancing transparency and ensuring timely disclosures. The new rule applies to payments of interest, dividends, or principal redemption.

SpiceJet announced that Carlyle Aviation Partners will convert part of their debt into equity, restructuring aircraft lease obligations. Carlyle may also invest in SpiceXpress & Logistics. The airline is seeking to raise Rs 2,500 crore through a share sale to institutional investors amid financial struggles and operational challenges.

Peak XV Partners, formerly Sequoia Capital India and SEA, sold over 22% stake in Indigo Paints for Rs 1,557 crore to investors including Morgan Stanley, Mercer, and HDFC MF. The shares were sold via open market transactions. Following the sale, Indigo Paints' shares fell by 4.19% on the NSE.