STOCK

Ahead of Market: 10 things that will decide stock action on Tuesday

Indian benchmark indices closed flat on Monday, with IT and financials offsetting concerns over weak earnings and foreign outflows. The Nifty oscillated within the 24,000-24,350 range. Analysts suggest a potential bullish reversal with support at 24,000 and resistance at 24,500-24,550. A break below 23,970 could weaken the structure.

This smallcap multibagger will consider stock split on November 14

This marks the second time the company has split its stock. Previously, Nava reduced its stock face value from Rs 10 per share to Rs 2 per share in August 2005, as per Trendlyne data.

Is the Indian stock market overheated? What the CAPE ratio tells us

The CAPE ratio suggests Indian stocks are overvalued, but India's economic growth and increased foreign interest justify this to some extent. However, the CAPE ratio's limitations, including its reliance on historical data and its inability to account for changes in market composition, should be considered. While a market correction is possible, long-term investors should focus on quality stocks and maintain a balanced, informed perspective.

Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 45%

After a corrective phase sparked by global events, both indices and market breadth have turned positive. In this phase of recovery, when valuations are still high, there are a couple of things investors need to be mindful of. First, check how your target stock fared in terms of Q2 results: Were they better than expected? Second, remain cautious. Keep exposure low for now, and look for stocks with strong fundamentals. The stocks on our list today depict a strong upward trajectory in their overall average score. This implies that there has been a significant improvement in their market outlook in the given time frame.

Cummins India, Cipla among 5 stocks with short buildup

Tata Motors, Trent among 5 stocks with long buildup

As Trump win boosts stocks, investors hunt for next winners

The Republican president-elect made plenty of campaign promises: steep tariffs, tax cuts, business-friendly deregulation and tighter immigration laws, to name some. For investors who plowed into stocks last week on speculation Trump's policies will bolster the economy, the challenge is to figure out which sectors will get a lasting boost.

Ahead of Market: 10 things that will decide stock action on Monday

Indian markets ended in the red due to weak corporate earnings and foreign outflows. Nifty faces consolidation, with bullish momentum in some stocks like Indian Hotels and Page Industries.

Asia stocks sputter as focus shifts to China stimulus

Asian stocks edged higher on Friday, but gains were capped as investors awaited stimulus announcements from China. Regional equities had opened higher, tracking Wall Street's overnight rally to record highs. Investors were also digesting the Federal Reserve's message for gradual interest rate cuts.

Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 50%

History helps. If the market’s current phase of correction is bothering you, cast your eye back to March 2024. The correction then was much stronger. The decline in indices like the Nifty and Sensex was not as steep, but the situation was much worse in terms of market breadth, especially for small- and mid-cap stocks. So, corrections are only to be expected. As an investor – whether short- or long-term – focus on industry cycles rather than market cycles. The latter will repeat many times in a year. It is the fundamentals of an industry that will finally determine the stock price.Our selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars – earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

Stock market to be shut on November 20 for Maharashtra election

The National Stock Exchange (NSE) declared a trading holiday on November 20, 2024, due to the Maharashtra Assembly Elections. This marks the third holiday for traders in November, following Diwali and Guru Nanak Jayanti. The Bombay Stock Exchange (BSE) is expected to follow suit with a similar announcement.

Infosys, Wipro among 5 stocks with long buildup

Weekly top mid- and small-cap picks: These stocks scored 10 on 10 on Stock Reports Plus

Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools – earnings, fundamentals, relative valuation, risk, and price momentum.

Stock Radar: 160% rally in a year! This aluminium stock hits a fresh record high in November; time to buy or book profits?

National Aluminium Co. Ltd is expected to rise in the coming weeks. The stock broke out from a Pennant formation and hit a record high. Experts suggest a target of Rs 255 in the next 2-3 weeks. The stock is trading above crucial moving averages. The stock may show a pullback as RSI is above 70.

Stock Radar: This PSU bank stock is down over 10% from record highs; should you buy the dip?

The PSU stock reached a record high of Rs 298 on June 3, 2024, but fell over 13% to close at Rs 257 on November 5, 2024. After peaking in June, it slipped below the 50-week average on weekly charts in August. However, it found support around the Rs 230 level several times in August, September, and October, ultimately rebounding from these levels.

Stock Radar: 40% rally in 6 months! This AMC stock hits fresh record highs in November; time to buy?

Aditya Birla Sun Life AMC stock surged to new highs, breaking out of a two-month consolidation range. Experts suggest a target of Rs 875-955 in the coming weeks. The stock's upward trend is supported by its position above key moving averages and the bullish RSI and MACD indicators.

Time to look at consumption differently? 12 stocks from the New Age Consumption stocks with upside potential of above 26%

There have always been debates about rural and urban consumption levels, and which companies are impacted and how. But one facet tends to get ignored in these debates: The extent to which consumption patterns – whether rural or urban – have changed. Just consider one factor: The way food is ordered has a undergone change. This has created new companies, sectors, and an entirely new category of jobs. This is a trend that will likely stay for the foreseeable future. So, is it time to look at some of the old and new companies from different perspectives? 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.

Weekly Top Picks: These stocks scored 10 on 10 on Stock Reports Plus

Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analyses, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools – earnings, fundamentals, relative valuation, risk, and price momentum.

US stocks gain on election day as technology, chip stocks rise

Wall Street's main indexes rose on Tuesday as tech and chip stocks gained. Investors were bracing for volatility as voting began in a tight U.S. presidential election. Markets remained calm despite the close race between the former president and his opponent. Upbeat forecasts from chipmakers and easing treasury yields boosted growth stocks.

Stock Radar: This diversified FMCG Sensex stock showing early signs of potential reversal; time to buy?

ITC Ltd., after reaching a record high, experienced a dip but is showing signs of recovery. Experts suggest a potential upward trend, recommending a buy for short-term gains with a target of Rs 540 in the coming months.

Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 34%

The way the markets absorbed October’s FII selling tells us one thing: It is important to have a structure which encourages the flow of domestic money in the financial ecosystem. Now all eyes will be on how SIP flows to the equity markets pans out in the coming weeks and months. If there is no let up in the flows, it would suggest two things. One: Maturity of the Indian investor. Two: Breadth of the equity culture. But remember: Valuations are still high, and it may be a while before the market recovers. So, be cautious and selective when investing. Our selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars – earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.

Stock Radar: Why NMDC could be a ‘buy on dip’ stock after 20% fall from highs?

NMDC Ltd, trading within a Symmetrical Triangle pattern, finds support at its lower boundary post a 21% decline from its 52-week high. Experts suggest that high-risk traders can consider buying on dips for a potential rebound to Rs 242-264, setting a stop-loss at Rs 210.

Hot Stocks: 4 stocks that may give returns between 16-29%

A look at some of the latest stock recommendations by analysts. These stocks are expected to return between 16% and 29% as per analysts’ price targets.