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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.

Gaza with air strikes early on Monday and its aircraft struck southern Lebanon overnight, as Israeli Prime Minister Benjamin Netanyahu convened a meeting of his top generals and his war cabinet to assess the escalating conflict. Israel's attacks concentrated on the Gaza Strip's centre and north, Palestinian media reported. A strike on a house near the Jabalia refugee camp, in northern Gaza, killed several Palestinians and wounded others, according to media reports.

Antony Blinken and Defence Secretary Lloyd Austin said Sunday that the United States expects the Israel-Hamas war to escalate through involvement by proxies of Iran, and they asserted that the Biden administration is prepared to respond if American personnel or armed forces become the target of any such hostilities. «This is not what we want, not what we're looking for.

northern Gaza, many people there said doing so was not an option because of cost — and that it was no guarantee of safety. The Israeli military said Saturday night that it would intensify its already punishing bombardment of the besieged enclave ahead of an expected ground invasion. In Arabic-language leaflets dropped over the Gaza Strip on Saturday, it reiterated calls for people to move south, warning that anyone who did not «may be considered a partner in a terrorist organization.» But Amani Abu Odeh, who lives in the town of Jabalia in Gaza's north, said that the danger of Israeli airstrikes on the road had pushed up the cost of travel.

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.

Samsung SDI said on Monday it will supply Hyundai Motor with electric vehicle (EV) batteries for seven years starting 2026, marking the first battery supply deal between the two companies. «The latest supply deal marks the first ever partnership between Samsung and Hyundai Motor Group in the field of electric vehicle batteries,» Samsung SDI said in a statement. The battery maker, which supplies to General Motors Co, Stellantis, and BMW among others, added that it will supply prismatic batteries manufactured at its factory in Hungary for Hyundai Motor's EVs targeting the European market from 2026 through 2032.

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.

Godrej Properties subsidiary ₹5 lakh for not following environmental safety rules during construction in New Delhi, PTI reported.In a statement on Saturday, Godrej Properties said that its subsidiary, Godrej Vestamark LLP, was served this penalty on October 16 under the Delhi Municipal Corporation Act 1957.The violation by the subsidiary pertains to not complying with the National Green Tribunal's (NGT) order from April 10, 2015, and the Ministry of Environment and Forests Guidelines from 2010 regarding safety measures during their New Delhi project's construction. (Read More)In the second quarter of fiscal year 2023-24, ICICI Bank demonstrated substantial growth, with its standalone net profit climbing by 35.8% year-on-year (YoY) to reach ₹10,261 crore.

bond market. The disparate positioning of various dynamic bond funds, which are considered a proxy for the fund house’s fixed income stance, indicates that fund managers are not aligned on interest rates. The positioning of dynamic bond funds is best explained by the portfolio duration or average maturity.

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.

Investors would be better off not buying afresh in beaten-down shares of city gas distributors Indraprastha Gas and Mahanagar Gas for now, said analysts. With the proposed road map by the Delhi government mandating a phased shift of all cab aggregators and delivery vehicles, to electric by 2030 seen impacting Indraprastha Gas (IGL), analysts are expecting its shares to continue underperforming in the near term.

Takeover target Pact Group has axed 175 jobs, put a Victorian business up for sale and is weighing up whether to proceed with a renewed attempt at selling its entire contract manufacturing business valued at close to $130 million.

For a second straight year, banks are making more money providing loans and underwriting bond sales for green-related projects than they’re earning from fossil fuel companies.

MUMBAI : The Bengaluru twins Infosys Ltd and Wipro Ltd, which together hired 208,000 engineering graduates in the past three years, have said they don’t plan to go to the campuses this year. This implies that Tata Consultancy Services (TCS) Ltd and HCL Technologies Ltd, which hired 55% of the half a million engineering graduates between 1 April 2020 and 31 March 2023, will be the only ones among the top four IT companies to hire from colleges this year. According to two analysts, this split in campus hiring strategies among the country’s Big Four IT services firms—a first in more than two decades—could serve as a pointer to investors looking to separate the leaders from the laggards.

alleged a potential link of Indian officials in the murder of pro-Khalistan leader Hardeep Singh Nijjar. Poilievre, while speaking to Nepal’s Namaste Radio Toronto, said the issue with India should have been handled in a more “professional manner" by the Canadian PM. “India is the largest democracy on earth and it's fine to have our disagreements and to hold each other accountable, but we have to have a professional relationship," he was reported as saying.

bankruptcy court has approved the proposal from a consortium of Himadri Speciality Chemical and Dalmia Bharat Refractories to acquire Kolkata-based Birla Tyres. Lenders of Birla Tyres had earlier cleared the consortium's Rs 347 crore resolution plan for the listed firm with an 82.48% voting.

Haryana government is giving special incentives to farmers for adopting crop diversification, said an official statement here on Sunday. This will not only enhance their income but will also ensure the protection of the environment.

Jayanth R Varma said the panel needs to be patient when it comes to bringing inflation down to its target of 4%, as efforts aimed at a quicker reduction could hit GDP growth. In an interview with Bhaskar Dutta, he said the MPC should be willing to accept inflation in the 4-5% range for several quarters to prevent growth from being derailed.

By Louis Juricic and Sarina Isaacs