"The index witnessed a brief consolidation near 15,700-15,800 throughout the day and took a leap on the upside towards the end of the session. The hourly chart shows that the Nifty50 is moving up in an upward sloping channel and can test the upper channel line near 16,000

The stock with a market capitalisation of more than Rs 63,000 crore hit a 52-week high of Rs 1241 on 28 October 2021 but failed to hold on to the momentum. It closed at Rs 806 on 24 June 2022 which translates into a downside of over 35 per cent.

Michelin suspended its manufacturing activities in Russia on March 15 due to supply difficulties following Moscow's invasion of Ukraine. "It is technically impossible to resume production, due in particular to supply issues, amid a context of general uncertainty," the company said in a statement.

Amfi's forthcoming list of stock categorisation is due, which will take into account data from January- June 2022, a period that saw record FPI outflows and high volatility on Dalal Street. ICICI Securities believes the type of stocks that will get upgraded from small to midcap and from midcap to largecap categories do not indicate a risk-off environment as most of them belong to cyclical and capital-intensive sectors, such as financials and industrials.On the flip side, quite a few of the downgrades are from growth, quality and defensive buckets, ICICI Securities said. Below are the stocks which are likely to enter or exit various mcap categories.

JP Morgan has kept its overweight view on Zomato intact after the Blinkit acquisition, which is being seen as an attractive strategic move by the brokerage firm. It has a target price of Rs 115 on Zomato, signalling a 75 per cent rise over its last close.

Risk-averse investors may follow the proportion of 30:50:10:10 across equity, debt, gold and other asset classes in a normal scenario and may stick to that with a small leeway,” Deepak Jasani, Head of Retail Research, HDFC securities said.

Stocks that were in focus included names like Route Mobile which rallied more than 8 per cent, Timken India which was up nearly 4 per cent, and Ambuja Cements which closed with gains of over a per cent on Monday.

The stock, with a market capitalisation of more than Rs 11,000 crore, hit a 52-week high of Rs 2,003 on 28 March 2022 on the NSE, but failed to hold on to the momentum.

To be sure, a reversal in the rate trends could impact spending on borrowed funds. India's central bank has raised rates twice in the space of a month beginning early May to restrain inflation.

However, the company remains vigilant about the implications of the current geopolitical tensions, elevated commodity prices, slowing external demand, supply disruptions, capital outflows, higher inflation in emerging economies and the withdrawal of monetary accommodation in developed economies.

The buyback is expected to increase the pre-tax return on capital employed (RoCE) by 100 basis points to 18% with a 2% likely rise in the projected earnings per share (EPS) for FY23. According to the Bloomberg consensus estimates, Bajaj Auto’s projected standalone EPS for FY23 is Rs 197 per share.

The EBP program supports the diversion of sugarcane and surplus sugar towards the manufacturing of ethanol which has now become the key focus point for the future of the sugar industry. The government also releases procurement prices for ethanol to divert sugarcane toward production of ethanol.

The company has recently gained new capabilities with its JV with Vopak, which enables the company to increase the products it can handle across liquids and even new gases like ammonia and butadiene, Nomura India said.

“While there is a bubble in stocks like Tesla and Netflix there are a lot of individual stock opportunities available and investors can build a portfolio of companies with good fundamentals and fair valuations,” says Vikas Gupta, Chief Investment Strategist, Omniscience Capital.

Motilal Oswal Nasdaq 100, PGIM Global Equity Opportuities Fund, Edelweiss Greater China Offshore Fund and DSP World Energy Fund are among the top picks of investment advisors.

Some of these firms have strong balance sheets and credible financials to support this frenzy.

Ambassador Joao Cravinho, head of the EU delegation, led Ambassadors of various European countries to a quiet lunch with Modi at the capital last year.

"It is the collective wisdom of the marketplace that there is action and we will move with speed. That improves the confidence level of industry."

Directives from the Centre have to be executed at the state level. So, there are many things that are not in Modi’s hands, says Raamdeo Agrawal.

"The fact that we are the world’s largest democracy and we are all aware that power and a role in global affairs for a nation comes from economic strength."

"Now there is a stage three and stage four of digitisation, we will take a call on this only after taking all things into account."

"There is a leadership vacuum in the company, because they made the wrong choice of CEO three years ago and that is playing out right now."

Rupee#CAD#Economic crisis#Food Bill

Alfa Laval (India) today said its parent firm has raised the delisting offer price to Rs 2,850 a share.

The stocks of DB Realty and Unitech rose after top executives of these companies were granted bail in the 2G scam case.

Fitch on Friday said it has withdrawn the ratings on Reliance Capital as the company has decided to stop participating.

The poor financial health of state electricity boards could pose significant business risks for power traders in the country, says Fitch.

Shares of cigarette companies have rallied over the past one month, with ITC, Godfrey Philips and VST Industries hitting record highs.

Lovable Lingerie is 3rd-best performing stock among companies listed this year, with it doubling in value, as traders bet it could repeat performance of Page Indus.

Shares of Cipla inched up on heavy volumes on Friday, after the company’s first quarter earnings beat the consensus estimate.

The Old Fox of Dalal Street has been on a dream run since the past couple of weeks. On Friday, most stocks that he had been steadily building up positions in figured among key gainers of the day.

The scrip, which was flat for most of the session, shot up in the final hour of trade on the Bombay Stock Exchange to settle with a net gain of 4.36 per cent at Rs 355.45.

In the late afternoon session, the scrip was being traded at 20.61 pounds, down by 5.50 per cent on the LSE. Vedanta opened on a positive note, but soon swung into the red.

In the past two days, the scrip recorded a gain of over 9 per cent on the BSE, making its investors richer by a whopping Rs 15,000 crore.

A trading combination involving Nifty options is gaining prominence among savvy trading desks of institutional investors.

An analysis of 300 Asian small-cap schemes shows DSP BlackRock Micro Cap Fund leading the charge, delivering an 82% return over the past year.

As far as stock futures are concerned, we are very near to the highest-ever open interest with 195 crore shares in open interest.

Many experts believe that looking at PE ratio in isolation won’t help investors grasp realities of the mkt and higher valuation may not be the only deciding factor driving mkt.

Market may see range-bound trading this week in the absence of any major trigger.

India has inflation and it reflects the fundamental growth, Christopher Wood, equity strategist, CLSA, said at ET Now Mkt Summit-2010.

TT Ram Mohan has rightly suggested that the tax-GDP ratio measures structural improvement. The FM must rethink his medium-term debtto-GDP target.

Financial inclusion and financial literacy will be the paramount objective while implementing reforms along with UID project to protect the interests of poor.

This refers to your edit ‘A welcome quest’ (ET, Oct 8). It is imperative to have a strong database.

Apropos of ‘The climate conundrum’ (ET, Oct 9), Mukul Sanwal rightly suggests that developing countries should lead in setting the agenda for global technological cooperation.

Prabhudas Lilladher has a ‘reduce’ rating on Infosys Technologies as it feels that the outlook for the company and the software industry is quite weak in the near-term.

A crisis of $240 trillion cannot be stemmed with bailout packages of $1 to $10 trillion. 2008: Year of global financial crisis | Survive credit crisis | Ghosts of 1929

The falling rupee will severely affect the small companies, whereas the big ones will be impacted moderately. Get rid of Debt | Adopt correct investment strategies

At the recent low of 12514 points, the Sensex has tested the 12800-12000-pts support zone and has since then attempted a corrective rally.

BusinessWeek's 'The Infotech 100', has ranked Bharti Airtel at the 21st position followed by Reddington India (55th) and RCom (66th). Successful business formula

14 firms present in a new list of world's 500 most valued firms together seeing an erosion of about $150 billion in their market value in the first three months of this year.