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Gold price on Multi Commodity Exchange (MCX) opened at ₹60,400 per 10 gm levels. But, the MCX gold rate caught buyers' support and surged to its intra-day high of ₹60,595 per 10 gm levels. In the international market, gold price today is oscillating around $1,974 per ounce levels.

smallcap stocks achieved impressive milestones by reaching new 52-week highs on October 23. These notable performances underscore the potential and dynamism of these stocks, providing investors with exciting opportunities within the smallcap segment. The data was sourced from StockEdge at 3:20 p.m., and the updates from the real-time data could come with a lag. The below data also pertains only to the time at which it was taken.

rupee closed 13 paise higher at 83.12 against the US dollar. Analysts said hardening US bond yields amid a higher risk of broader conflict in the Middle East weighed on emerging currencies and riskier assets. The US 10 year Treasury yields hit 5% for the first time since 2007.

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investment decisions. The Simple Moving Average (SMA), particularly the 50-day SMA, is a vital tool that offers insights into a stock's short to medium-term performance. On Friday, October 20, several major stocks in the Indian market demonstrated substantial movements by surpassing their 50-day SMA, signaling potential changes in their stock trends. Let's explore the performance of these stocks.

investment decisions. The Simple Moving Average (SMA), particularly the 100-day SMA, is a vital tool that provides insights into a stock's medium-term performance. On Friday, October 20, several major stocks in the Indian market showcased significant movements by surpassing their 100-day SMA, indicating potential changes in their stock trends. Let's explore the performance of these stocks. (Data Source: StockEdge) 1. Tanla Platforms 100-Day SMA: 1038.62 | Closing Price: 1065.3 2. Muthoot Finance 100-Day SMA: 1253.82 | Closing Price: 1271.6 3. Trident 100-Day SMA: 35.08 | Closing Price: 35.5 4. Procter & Gamble Health 100-Day SMA: 5136.45 | Closing Price: 5163.3 5. Gujarat State Petronet 100-Day SMA: 287.26 | Closing Price: 287.95 6. JK Lakshmi Cement 100-Day SMA: 676.37 | Closing Price: 677.65 (Disclaimer: This is an AI-generated article.

Motilal Oswal Financial Services said that overall equity flow continues to be strong driven by Systematic Investment Plans (SIPs). However, recently there has been a slowdown in gross flows owing to Shraddha Paksha, and an increase in redemptions as consumption demand is improving, it added. The brokerage report states that from October 23, there has been some pressure on gross flows owing to the Shraddha Paksha period.

gold or silver, these precious metals are so ubiquitous that they’ve now become a part of our language. However, when it comes to an investment perspective, people have stark views towards gold. For some, gold is a very polarising topic in the investment community while there are some who swear by it.

Religare Broking pointed out that the Nifty has been hovering in the range of 19,300-19,850 for almost a month now and inching lower after retesting the upper band. "We feel fresh weakness in the banking majors combined with the resumption of decline on the global front could push the index lower and 19,200-19,450 would continue to act as a crucial support zone," Mishra said. "Resilience in select heavyweights from auto, FMCG, pharma and realty majors would continue to offer buying opportunities.

Sterling & Wilson Renewable Energy witnessed a 5% surge in its shares, reaching ₹289.85 in early trade on Monday after the company's losses narrowed in the September quarter. At 10:00 AM, the stock was trading with a gain of 2.15% at ₹282 apiece. The company on Saturday reported a consolidated net loss of ₹54.51 crore, a significant improvement from the ₹299 crore loss in Q2FY23 and the ₹95 crore loss in Q1FY24.

ICICI Bank gained over 1% on Monday to hit the day's high of Rs 944.80 on the NSE following strong September quarter earnings. The stock was the top Nifty gainer despite a lacklustre opening trade. The stock also gained on favourable views taken by a couple of top brokerages including Jefferies, Kotak Institutional Equities, Motilal Oswal and Nuvama, all of which recommended a buy on the counter.

JSW Energy and a buy on Paytm. CLSA retained an outperform rating on Kotak Mahindra Bank and Jefferies recommended a buy on ICICI Bank post Q2 results. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: CLSA on JSW Energy: Sell| Target Rs 250 CLSA maintained a sell rating on JSW Steel but raised the target price to Rs 250 from Rs 234 earlier. CLSA on Paytm: Buy| Target Rs 1200 CLSA maintained a buy rating on Paytm but raised the target price to Rs 1200 from Rs 1050 earlier. GMV growth was good.

NMDC Ltd, part of the industrial mineral industry, rallied more than 40% in the last 3 months which helped the stock to break out from an Inverted Head and shoulder pattern on the weekly scale. The breakout has opened room for the stock to head towards 200 levels in the next 3 months, suggest experts. Short-term traders can look to buy the stock around 160. The stock rose from Rs 111 as of 20th July 2023 to Rs 158 recorded on 20 October 2023 which translates into an upside of over 40% in just 3 months. It hit a 52-week high of Rs 167.55 on 17th October 2023 last week, but it failed to hold on to the momentum.

The S&P BSE Sensex fell more than 200 points while the Nifty50 closed below 19600 on Friday. India VIX was down by 0.76% from 10.89 to 10.81 levels in the previous trading session. Volatility has been moving in a narrow range around 11 zones and thus not creating any major panic in the market with a capped upside. On the monthly options front, the maximum Call OI is placed at 19800 and then towards 19600 strikes while the maximum Put OI is placed at 19500 and then towards 19000 strikes. Minor Call writing is seen at 19600 and then towards 19700 strikes while Put writing is seen at 19400 and then towards 19500 strikes. “Options data suggests a broader trading range in between 19350 to 19850 zones while an immediate trading range in between 19400 to 19750 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. “Nifty formed a Doji candle and an Inside Bar on the daily frame on Friday and has been making lower highs from the last three sessions.

Sensex fell 231 points to settle at 65,397 and the Nifty declined 82 points to 19,542. Stocks that were in focus included names like Tanla Platforms, which rose 4%, YES Bank, which gained 1.76%, and Tata Communications, whose shares declined 3.82% on Friday. Here's what Pravesh Gour, Senior Technical Analyst at Swastika Investmart, recommends investors should do with these stocks when the market resumes trading today. Tanla Platforms The counter has witnessed a breakout of a long consolidation on the weekly chart with strong volume. The structure of the counter looks good, as it is trading above all its important moving averages. In terms of potential price levels, immediate resistance is anticipated at Rs 1150.

Day trading guide for stock market today: On account of weak global market sentiments, Indian stock market extended sell off for yet another session on Friday last week. Nifty 50 index fell 82 points and closed at 19,542 levels, 30-stock index BSE Sensex corrected 231 points and ended at 65,397 mark whereas Bank Nifty index finished 31 points lower at 43,723 levels.

Global market, including India, will take further cues from geopolitical developments, oil prices and bond yield fluctuations, along with earnings of major companies. “We expect earnings season to pick up pace in a truncated week which would direct the market trend along with global cues. On the global front, ECB (European Central Bank) will announce interest rate decision this week," Siddhartha Khemka, Head – Retail Research at Motilal Oswal Financial Services Ltd, said.

Buy or sell stocks for today: Following weak global market cues, Indian stock market ended lower on third day in a row on Friday last week. Nifty 50 index fell 82 points and closed at 19,542 levels, 30-stock index BSE Sensex corrected 231 points and ended at 65,397 mark whereas Bank Nifty index finished 31 points lower at 43,723 levels.

analysts have identified 19,500 as the immediate support for the Nifty, with a subsequent swing low support at 19,330. They caution if this support is breached, there is a likelihood that the index could further decline towards the range of 19,000 to 18,900 in the coming weeks. Analysts suggest traders may want to explore potential opportunities in Reliance, HDFC Bank, IndusInd Bank, and Sun Pharma. RUCHIT JAIN LEAD RESEARCH ANALYST, 5PAISA.COM Where is Nifty headed this week? The recent pullback in Nifty resisted around the 61.8% retracement of the previous correction.