Stock Tips

Catch up on today's stock market updates! From HDFC Bank's quarterly growth to ITC's hotel demerger, Kotak's management changes, Bajaj Finance's AUM surge, Vedanta's Q3 performance, and NTPC Green's new project win—find out which stocks are in focus.

MC Exclusive| Less than a month after regulatory action, influencer RA tries to bend law again

Mudit Goyal, who was one of the noticees in the interim order involving guest experts on television, approached an RA to ‘rent’ a licence

Tata Consultancy Services, Star Health, Tata Motors and IDBI Bank: Top stocks to watch on October 10

These are the stocks that will possibly be in the spotlight during trading hours on October 10. We explain the reasons why these stocks are buzzing before the Opening Bell and the factors that could come into play in trade. Check out this curated list of buzzing stocks from the Moneycontrol markets team and why they are in the news.

Q1FY21 will be a complete washout, but watch out for management commentary: Umesh Mehta

The index is hovering around 10,600-10,700 levels, which might turn into a crucial resistance, and support is now placed at 10,300, Samco Securities's Umesh Mehta told Moneycontrol.

Small & mid-caps shine in a volatile week; over 30 stocks rose 10-70% in a week

There are as many as 36 stocks in the S&P BSE 500 index that rose 10-70 percent in five trading sessions that include names like Ujjivan Financial Services, Cochin Shipyard among others.

Market Headstart: Nifty likely to inch higher towards 11,900; Westlife, Hikal top buys

Trends on SGX Nifty indicate a positive opening for the index in India, with a 73 points, or 0.62 percent, gain. The Nifty futures were trading around 11,894-level on the Singaporean Exchange.

'Bank Nifty in an uptrend, buy-on-dips preferred strategy'

For the week, Axis Securities expects Bank Nifty to trade in the range of 31,800-30,900 with mixed bias

How not to get fooled by fake investment advisors

Remember this: If it’s too good to be true, it is in fact too good to be true

Strong resistance for Nifty at 10,483, to find support at 10,110

The broader trend is clearly down therefore one should not get carried away by such bounces and in fact use such pullback rallies as an opportunity to exit from trading longs and initiate fresh shorts in the index

Week Ahead: GDP, auto sales & rupee, among 10 things to keep D-Street on its feet

For the week ahead, traders are likely to react to macro data such as gross domestic product (GDP), GST collections as well as movement on the rupee.

Nifty is likely to consolidate in coming week within 11,600-11,800 range

Recent rollovers in Nifty are seen on rising roll cost of 0.5 percent, which is higher than the last three series average of 0.3 percent. This means that the market may consolidate for some more time before picking up the trend again which is on the upside.

Rupee may extend its weak trend; NSE Pharma Index might emerge as a dark horse

The rupee is in long-term consolidation, and a breach of 69.52 could take the currency towards Rs 73/USD mark, Arun Kumar.

Living a dream! The journey of a call centre employee to a successful trader

For Manas, it was a slightly more treacherous path as he was trading partly on borrowed money which was on the verge of being blown out - but he came out a winner

F&O Cues: 10,750 on Nifty is likely to remain an important support for expiry week

In the upcoming week, the FIIs are likely to stay away from EM’s as the EM currency and equity continue to remain weak. The rate differential attractiveness of US continues to keep Dollar and US asset class stronger, says Amit Gupta of ICICIdirect.

Buy, sell or hold: Top stock picks by Ashwani Gujral, Sudarshan Sukhani & Mitessh Thakkar

Sudarshan Sukhani of s2analytics.com recommends buying Mahindra & Mahindra with stop loss at Rs 820 and target of Rs 850, a buy in Mindtree with stop loss at Rs 1020 and target of Rs 1065 and a buy also in Godrej Consumer Products with stop loss at Rs 1090 and target at Rs 1135.

These top 5 stocks could offer up to 13% returns ahead of April expiry

"The index has resistance zone at 10,630-10,700 levels. In Nifty options, strike price 10,700 Call has the highest open interest (OI) in Calls, suggesting market could head towards 10,700 levels but likely to face resistance this level," says Ashish Chaturmohta, Head Technical and Derivatives at Sanctum Wealth Management.

Nifty must cross 10,555 decisively for further upmove; top 5 stocks to buy for short term

"Nifty has to cross 10,555 levels decisively for further upmove. Sustenance trade above 10,555 marks may add momentum on upside till 10,650-10,670 levels," says RajeshAgarwal of AUM Capital.

Buy or sell: Top stock trading ideas by Shitij Gandhi, Prakash Gaba & Rajesh Agarwal

Prakash Gaba of prakashgaba.com recommends buying CG Power with target at Rs 84 and stop loss at Rs 81.50, a buy on ITC with target at Rs 275 and stop loss at Rs 265 and a buy also on Jet Airways with target at Rs 680 and stop loss at Rs 630.

Buy Bajaj Finserv, target Rs 6095: Dharmesh Shah

"We expect the stock to resume uptrend after the current consolidation breakout and head towards Rs 6100 in the medium term as it is the confluence of the breakout implication and 123.6 percent external retracement of September 2017 – February 2018 decline placed at Rs 6095," says Dharmesh Shah, Head Technical, AVP at ICICIdirect.com.

Buy KEI Industries, target Rs 481: Shitij Gandhi

"Traders can accumulate the stock in a range of Rs 425-435 levels for the target of Rs 481 and a stop loss below Rs 395," says Shitij Gandhi of SMC Global Securities Ltd.

Buy KNR Constructions, target Rs 350: Abhishek Mondal

"Positional traders can buy the stock around current level and add on dips around Rs 305-307 with a stop loss below Rs 291 (closing) for the target of Rs 350 and return of 12.18 percent," says Abhishek Mondal of Guiness Securities.

Buy Cholamandalam Investment, target Rs 1690: Abhishek Mondal

" Traders can buy the stock around current level and add on dips around Rs 1554-1560 with a stop loss below Rs 1515 (closing) for the target of Rs 1690 and return of 8 percent," says Abhishek Mondal of Guiness Securities.

Nifty could rally towards 10,600 if it breaks above 10,450 on closing basis this week

"The Nifty has bigger targets once we successfully close 10,450 levels. Thereon, 10,620/10,640 are levels to watch out for in near term. This is where the stiff resistance would come.," says Mustafa Nadeem, CEO at Epic Research.

Buy Avenue Supermarts, target Rs 1620: Abhishek Mondal

"On weekly scale, Avenue Supermarts is trading in upward momentum with moderate volume. The weekly Relative Strength Index (RSI) is showing an upward momentum and the MACD is continuously trading above the zero line with a positive crossover," says Abhishek Mondal, Research Analyst, Guiness Securities.