The Indian market is expected to trade lower on Wednesday due to weak global cues. Nifty futures posted a slight gain of 0.02%, closing at 25,344 levels on Tuesday, while the India VIX fell by 1.56% to 13.84. In options trading, the highest Call open interest is at the 26,000 strike, followed by 25,300, and the highest Put open interest is at the 25,000 strike, followed by 25,250.

Understanding risks, recognizing market cycles, evaluating fundamentals, analyzing the sector, assessing management, reviewing financial strategies, differentiating between valuation types, employing a phased investment approach, and preparing for volatility. You can navigate the complexities of small-cap investing with greater confidence and avoid greed, fear which are elements which lead to wrong decisions. Even after all the effort, be ready to go wrong. That is what small caps are all about and if you get it right then all mistakes are pardoned. But the fact is that even the promoters of these companies don't get it right in the short term.

Equity indices saw a slight decline on Tuesday due to profit-taking in metal, oil, and IT shares amid weak global trends. Key stocks in focus included Samvardhana Motherson, Kaynes Technology, and HAL. Analysts suggest buying these stocks at dips for long-term gains as they exhibit potential for further upside.

Sebi officials have complained to the finance ministry about a toxic work culture under chairperson Madhabi Puri Buch. The letter accuses the leadership of using harsh language, setting unrealistic targets, and monitoring employees excessively. Sebi claims issues have been addressed, but concerns about mental health and work-life balance persist.

Listed companies are increasingly using qualified institutional placements (QIPs) to raise capital. In the first eight months of 2024, 55 companies raised ₹58,400 crore through QIPs. Companies like Vedanta and Adani Energy Solutions have utilized this route for debt repayment and expansion plans. Favorable market conditions make QIPs a preferred fundraising method.

Sebi officials have complained to the finance ministry about a toxic work culture under chairperson Madhabi Puri Buch. The letter accuses the leadership of using harsh language, setting unrealistic targets, and monitoring employees excessively. Sebi claims issues have been addressed, but concerns about mental health and work-life balance persist.

“ITC stock has seen a slow and gradual upmove in last couple of weeks, but prices have traded above the 40 DEMA support and the momentum is positive. Traders can buy for a target of Rs 527-536 in the next 3-4 weeks,” Ruchit Jain, Lead Research, 5paisa.com, said.

Domestic markets saw fluctuations on Wednesday but managed to recover losses by the end of the session. Nifty consolidated at a higher zone after hitting a fresh high previously. Analysts expect gradual market growth with sectorial rotation, driven by hopes of a US rate cut and foreign investors turning buyers.

Shares of Nvidia plunged 9.5% in a historic single-day decline, shedding $279 billion in market value. This drop reflects investor caution about AI technology amid a broader market selloff following weak economic data. The PHLX chip index also fell significantly, highlighting concerns over the payoff from AI investments.

Stocks in news: Domestic markets remained steady with minor changes, continuing a gradual uptrend. Key stocks in focus include General Insurance Corp, ONGC, SpiceJet, GSK Pharma, and Cipla due to various developments. Notable updates include the government's stake sale in General Insurance Corp and ONGC's potential refinery project.

U.S. stocks fell sharply on Tuesday, marking the start of a historically weak month for the market. The S&P 500, Nasdaq Composite, and Dow Jones Industrial Average saw their biggest declines since early August. Weak manufacturing data and anticipation of Federal Reserve interest rate decisions contributed to the downturn.

Asian stocks fell after Wall Street experienced its worst day since August 5, driven by weak US data and declining oil prices. The upcoming August jobs report is expected to show a modest increase in payrolls, while the Federal Reserve considers rate cuts to address economic concerns.

The Nifty 50 experienced a range-bound session, closing flat with a minor gain. HFCL shows strong signs of an uptrend, supported by key indicators. Jindal Saw also indicates a potential rise after retesting its breakout level. Both stocks present attractive buying opportunities based on technical analysis.

While it may have not made it headline, there has been some sort of underperformance in the banking space. Is it because the Street is expecting that banking numbers are going to come under pressure due to rising costs and probably for the next one or two quarters numbers are not going to be good. So maybe the underperformance is an opportunity for investors looking for long-term investments. 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.

ITC's stock has surged by around 20% in the past three months, reaching new record highs in September. Experts suggest that the rally might continue, recommending short-term traders to buy now or on dips towards Rs 500 for potential targets above Rs 520-530 within the next few weeks.

The Centre is set to launch an Offer for Sale (OFS) of 59.5 million shares in General Insurance Corp (GIC), reducing its stake from 85.78% to 79%. The floor price is Rs 395 per share, expected to raise around Rs 4,701 crore. This move aligns with SEBI’s public shareholding requirement.

Benchmark Nifty remained range bound on Tuesday, closing positively for the 14th consecutive day. Analysts said the index encountered resistance at 25,300, highlighting strong call option writing at that strike."Moving forward, only a decisive move above 25,300 might trigger a rally toward 25,500. On the downside, support is positioned at 25,200 and 25,000," said Rupak De, Senior Technical Analyst, LKP SecuritiesHere are 4 stock recommendations for Wednesday:

On Tuesday, India's benchmark index Sensex settled nearly unchanged with a slight negative bias at 82,555. Despite this flat trading, five stocks from the BSE commodities index reached their highest prices in the past year. Achieving a 52-week high is significant as it indicates the highest price a stock has attained over the past year, providing valuable insights for traders and investors. This milestone is important for evaluating a stock's current value and predicting future price movements.

The banking system liquidity as measured by net absorption of funds by the RBI, stood at a surplus of Rs. 2.23 lakh crore, as of September 2nd, central bank data showed.

U.S. stocks fell on Tuesday following weak economic updates. The S&P 500, Dow Jones, and Nasdaq all saw declines. Treasury yields also dropped after a report showed U.S. manufacturing contracted in August. Investors are now looking to upcoming economic reports and the Federal Reserve's potential interest rate cuts to gauge the economy's health.

Private equity firm WestBridge Capital on Tuesday divested a 1.5 per cent stake in AU Small Finance Bank for Rs 736 crore via open market transactions.

The issue, estimated at Rs 4,701 crore, opens for non-retail investors on Wednesday and for retail investors on Thursday. Employees can subscribe to 50,000 shares.

Wall Street's main indexes opened lower on Tuesday as investors moved to the sidelines ahead of a slew of economic data reports due through the week that could influence the extent of monetary policy easing by the Federal Reserve this year.

Indian markets closed mixed on Tuesday tracking muted global cues and due to profit-taking at higher levels. The S&P BSE Sensex closed flat with a negative bias.

The aggregate loan loss provisioning by publicly listed banks in the June quarter increased to a four-quarter high led by a select banks including public sector banks (PSBs) such as State Bank of India (SBI) and Central Bank of India and private sector banks such as Axis Bank, Kotak Mahindra Bank, and Bandhan Bank.

The Congress on Tuesday questioned the ICICI Bank's assertion that it had not paid any salary or granted ESOPs to SEBI Chairperson Madhabi Buch after her retirement and asked that if the amount paid to her was her "retiral benefit", why was it non-uniform both in terms of its frequency and amount.

Nifty closed positive for the 14th consecutive session, driven by ICICI Bank and HDFC Bank, ending at 25,280. Sensex saw minor declines, breaking its 10-session streak. The market had mixed performances with financial services leading gains and media lagging. Global markets showed a negative trend, and crude oil prices dropped.

Economist Nouriel Roubini predicts a low risk of US recession, but warns of significant geopolitical threats that could destabilize global markets. He sees a potential oil shock if the Israel-Iran conflict escalates and heightened risks if US-China tensions over Taiwan worsen. As the US election approaches, Roubini suggests that a Harris win would ensure stability, while a Trump victory could bring uncertainty. For India, Roubini advises focusing on IT services and high-value manufacturing to drive future growth, rather than low-wage, labor-intensive industries. Watch the full interview here.

Nifty ended Tuesday's session flat, forming an Inside Bar pattern on the daily chart. Analysts suggest that the near-term uptrend remains intact, with potential upside targets at 25,800 if it breaks above 25,400. Immediate support is seen at 25,100 levels. Traders are advised to watch for a breakout or dip for further direction.

From being one of the most sought after sectors during 2020 to 2021 and trading at extremely high valuations, diagnostic stocks have been underperforming the market for a large part of the last three years. Today, hardly anyone on the street talks about diagnostic stocks and sometimes not being in the news is probably the best thing for stock. In this period when there is no chatter on the street, a number of diagnostic stocks have been making a quiet comeback in the last six months. Because this performance is coming after a long phase of the valuation adjustment, it is probably a time to look at them without any strong positive and negative bias as the bellwether stock has shown improvement.

The 12-month cumulative rolling investment by domestic mutual funds reached a record high of Rs 3.3 lakh crore ($39 billion) in August, according to SEBI data, driven by new opportunities in the primary market including IPOs and qualified institutional placements.

Zerodha founder Nithin Kamath highlighted a SEBI study showing Gujaratis, despite being 9% of the investor base, represent 40% of IPO participation. Kamath humorously noted that IPO trading seems embedded in Gujarat's culture, as reflected in retail and HNI categories.

Raymond shares jumped 9% to Rs 2,182 ahead of its lifestyle business listing this week. Brokerages, including Motilal Oswal and InCred, view this as transformative. Raymond aims for 12-15% sales growth and doubling EBITDA to Rs 2,000 crore by FY28.

Headline index BSE Sensex, however, closed with minor declines at 82,555, falling by 4 points or 0.01%.

It sounds like there’s a lot of activity in the Indian stock market due to these buyback programs. Companies often initiate buybacks to return capital to shareholders, signal confidence in their stock, or improve financial metrics like earnings per share (EPS).If you have a list of companies with ongoing buyback programs, I’d be happy to help analyze the potential implications for their stock prices or discuss any specific details you’re interested in. Providing the list would allow me to offer more tailored insights!

“Aadhar is a large affordable HFC (Rs 211 billion of AUM in FY2024, 7% market share in the affordable segment) with a long track record, well-diversified geographical presence and customer profile. Its multipronged expansion and appraisal strategy will drive 21% AUM CAGR (FY2024-27E) with low credit costs,” said Kotak Equities in its report.

PTC Industries, a high-growth defence stock up 1,200% in three years, closed a Rs 700 crore QIP with investments from Motilal Oswal, HSBC, and Societe Generale. The QIP increased the company's equity capital to Rs 14.97 crore.

The shares of Eco Mobility and Hospitality are set to debut on the exchanges on Wednesday with a grey market premium of Rs 160. Despite the company not receiving any proceeds from the IPO, it reported a significant year-on-year revenue and profit increase in FY24. Investors show robust interest with a 64 times subscription rate.

Arun Raste, MD and CEO, NCDEX, said, “This launch sends a signal of the government's dedication and our commitment to strengthening the agri-economy and fostering sustainable growth. We believe that introducing agri-commodities that plug the crucial gaps, ensures comprehensive coverage and enhances market efficiencies significantly. The ultimate benefit passes on to the farmers and value chain participants strengthening the complete product ecosystem.”

The promoters of the company, also known as Moneywise Financial Services Pvt. Ltd., have mandated Prudenthill Advisors LLP and Riverstone Capital Private Limited, both founded by ex-Credit Suisse bankers Rahul Bahety, Himanshu Sarda and Nipun Jain, to lead the advisory for this transaction, the people cited earlier said.

The article discusses investment strategies for senior citizens like Rajiv Tandon, who seek low-risk monthly income. Alekh Yadav from Sanctum Wealth recommends hybrid funds, such as balanced advantage funds, and systematic withdrawal plans (SWP). These options provide stability and favorable tax treatment. He also suggests considering equity savings funds and new hybrid funds post-Union Budget 2025 changes.

For investors, spotting consistent performers can be a valuable strategy. ETMarkets has identified seven stocks that have gained over 10% each month for the past five months of FY25. Remarkably, six of these stocks have doubled investors' wealth within just five months (Data Source: ACE Equity). What stands out is that these stocks not only exhibit impressive price growth but also perform exceptionally well in SWOT analysis. Trendlyne data reveals that their strengths significantly outweigh their weaknesses, making them potential investment opportunities.

Rolls-Royce provided the biggest boost to industrials with a 4.2% rise after Hong Kong's Cathay Pacific said three of the 48 Rolls-Royce-powered planes it had inspected had already gone through successful repairs and all of the jets were expected to resume operation by Saturday.

Benchmarks use a straightforward rule of reward and reprimand for periodic asset adjustments: high-performing stocks are included, while underperformers are removed. This rebalancing ensures that an index accurately mirrors its intended market segment. The NSE Indices Committee has recently announced the September 2024 semi-annual reshuffle, impacting major indices.

Kaynes Tech Share Price: Kaynes Technology's shares rose by 8.5% after its subsidiary, Kaynes Semicon, received Union Cabinet approval to establish an OSAT facility in Sanand, Gujarat. The project, worth Rs. 3,307 crores, will produce 63 lakh chips daily for various applications, including industrial and automotive sectors. Both the central and state governments will support the investment.

There is nothing wrong in being bullish all the time for one simple reason. As the Indian economy grows at a faster rate, earnings of companies across different sectors and segments will grow faster and what drives the stock prices finally is the earnings. But yes, given the fact that valuations are high, one needs to be more selective in buying the stocks, because downward movements like the one which witnessed in March 2024 and early August will keep happening at periodic intervals. So, while being bullish one has to reduce the probability of making a mistake and reducing the risk of decline in capital invested in the market.

Shares of Premier Energies took a sharp fall of 13.4% after opening at a 120% premium. The IPO was highly subscribed, driven by strong investor interest. Analysts suggest that despite competitive industry conditions, Premier Energies’ strategic positioning offers potential for long-term growth. Investors are advised to consider profit booking or apply a stop loss strategy.

The CCS approved a Rs 260 billion procurement order for 240 aero engines for Su-30 MKI aircraft. This will increase Hindustan Aeronautics (HAL)'s already strong order backlog from Rs 940 billion (FY24 end) to Rs 1.2 trillion, resulting in strong revenue visibility of 3.8 times its TTM revenue.

Defence stocks have corrected significantly in the past month. Experts advise against bottom fishing and suggest waiting for clear signs of market reversal. Cochin Shipyard, Garden Reach, and Mazagon Dock are among the top losers. Stable names like HAL and Bharat Electronics might lead if overall market conditions recover.

Shares of defence companies like HAL, Garden Reach Shipbuilders, and others saw significant gains ahead of a crucial defence ministry meeting to review projects. Key discussions will include constructing advanced frigates for the Indian Navy and replacing the Army's T-72 tanks with modern combat vehicles. The sector received additional momentum from the approval of procurement plans.