The technical analyst from HDFC Securities recommends buying Birla Soft and ABB India for near term gains.
No major negative disclosure from the CBI raid will be key triggers for future price performance, according to analysts at ICICI Securities.
Stocks to watch today: SBI and IDBI Bank have raised their interest rates on retail term deposits, subject to different tenors; LIC hiked stake in Hero MotoCorp to 11.2 per cent from 9.1 per cent.
CLOSING BELL: Select IT, metals, and pharma stocks helped the headline indices recover from the day's low
TotalEnergies to acquire 25 per cent minority interest in Adani New Industries from Adani Enterprises.
The promoters of Metropolis Healthcare on Monday after market hours clarified that they have no intention to exit the business.
LIC's stock traded at its lowest level since market debut on May 17, 2022
Analysts believe that the persistent FII selloff, fear of aggressive rate hikes by the US Federal Reserve (US Fed) and weaker rupee was dampening investors' sentiment.
CLOSING BELL: The top laggards were Bajaj Finserv, IndusInd Bank, Bajaj Finance, Hindalco, Tech M, Tata Motors, ICICI Bank, Adani Ports, NTPC, and TCS
Stocks to watch today: Dhanlaxmi bank saw no outcome or resolution in their EGM meeting; Media stocks are expected to hog limelight ahead of day 2 of IPL's media rights auction.
In the financial sector, Wood now holds SBI, Bajaj Finance, ICICI Prudential Life, ICICI Lombard and CAMS besides HDFC Bank in his India long-only equity portfolio.
Stock market highlights: Over 35 Nifty stocks ended the session in the red with Bajaj Finance, HDFC, Kotak Bank, Hindalco, Wipro, Reliance Industries, Tech M, and Infosys falling between 2.5-4%
IIFL Home Finance proposes to use the additional capital to continue its granular expansion strategy into new markets to address the significant and growing demand for housing loans.
According to the technical analyst from Anand Rathi, UPL has formed a Bullish Bat pattern and can rally up to Rs 775.
The technical analyst from HDFC Securities recommends buying M&M Finance June future with a stop at Rs 183 for a target of Rs 194.
LIC's inability to move up in the customer segment by significantly changing its product and distribution mix means that the insurer will continue to lose market share.
CLOSING BELL: Dr Reddy's Labs, Reliance Industries, Bharti Airtel, Sun Pharma, Tech M, and Infosys were the top large-cap gainers
BLS international now becomes the largest business correspondent (BC) network in India. The stock has rallied 66 per cent in the last three months.
In the past one week, the stock price of Deepak Nitrite has declined 16 per cent after the company's manufacturing facility in the Nandesari GIDC area in Vadodara caught a massive fire.
Stocks to Watch Today: Sugar industry has requested the government that the additional 1 MT export order be given the mills, and not trader or exporters.