With in the Tata Group space, except for Indian Hotels, others like TCS, Tata Motors, Trent and Tata Coffee seem poised for a buoyant rally in the near term.
Stocks to Watch Today: In the F&O space, BHEL, Delta Corp, Indiabulls Housing Finance and PNB are the stocks in ban period on Thursday.
Occupancy rate is expected to improve further from the pre-pandemic levels, on the back of strong demand drivers including resumption in foreign inbound travel, says analyst at Motilal Oswal.
The MCX Crude Oil December futures could test Rs 7,100-level on the upside as long as the commodity manages to sustain above the 100-WMA support.
The stock was trading higher for the third straight day and has gained 6 per cent during this period.
Among individual stocks, the technical & derivative analyst from HDFC Securities recommends to buy Triveni Engineering and GMM Pfaudler.
Stocks to Watch Today: According to reports, Zomato is likely to witness a block deal on Wednesday.
Till 02:35 pm, a combined 14.7 million equity shares representing 6 per cent of total equity of the company had changed hands on the NSE and BSE.
Finance ministry on Sunday has clarified that IDBI Bank will continue to operate as an 'Indian private sector bank' after its strategic sale.
The company has strong revenue visibility with an outstanding order book as on 30 September 2022 of about Rs 9,200 crore (FYE22: RS 9,800 crore), which is around 3x of its annual revenue of FY22.
Laurus has witnessed severe pricing pressure and lower volumes in its ARV formulations portfolio for five quarters now, resulting in significant pressure on core margins, say analyst.
Stocks to Watch Today: Newly listed Fusion Micro Finance and Five-Star Business are likely to be in focus on the back of strong Q2 performance reported by the companies.
The technical analyst from Anand Rathi expects Kothari Sugars to rally to Rs 46.50, while Indian Energy Exchange can surge to Rs 160.
As their base-case, however, Morgan Stanley sees the S&P BSE Sensex to scale up to 68,500 levels - up 10 per cent from the current levels.
A combined 5.83 million equity shares representing 8.3 per cent of total equity of the company had changed hands at the counter on the NSE and BSE so far.
Shares of Reliance Industries were trading higher for the third straight day, and have gained 5.4 per cent during the period.
Shares of Rail Vikas Nigam hit a new high at Rs 79.70 on rallying 9 per cent in Monday's intra-day trade on healthy business outlook.
Stocks to Watch Today: Bikaji Foods, Castrol, Hero MotoCorp, Godrej Properties, Tat Consumer, pharma and insurance related shares are likely to be in focus on Monday.
In the past one month, the stock price of GE Shipping has soared 26% after the company reported an over three-fold jump in its consolidated net profit at Rs 731 crore in Q2FY23.
Among individual stocks, Shree Renuka Sugars, Ugar Sugar and EID Parry have zoomed up to 169 per cent so far in 2022. Charts indicate further upside for these select stocks.