Page 5 - Market Trends
Stocks to watch: Lupin, GAIL, PNB Housing, Shriram Finance, Axita Cotton
Stocks to watch today: From Lupin to Gail (India), here are stocks to watch out in Tuesday's trading session
 "Stocks to watch: Lupin, GAIL, PNB Housing, Shriram Finance, Axita Cotton")
Fed may not pause rate hike cycle despite SVB crisis: Nomura
US inflation, Nomura said, is still elevated and the Fed will look to bring it down going ahead.
 "Fed may not pause rate hike cycle despite SVB crisis: Nomura")
SVB impact: Sensex slumps 897 pts, Nifty ends near 17,150; PSBs worst hit
CLOSING BELL: The Sensex and Nifty hit fresh calendar year lows in trades on Monday amid the broad-based sell-off. Reliance Industries registered 52-week low
 "SVB impact: Sensex slumps 897 pts, Nifty ends near 17,150; PSBs worst hit")
Tech Mahindra surges 9% on appointing Mohit Joshi as MD & CEO
MOFSL believes that this is a positive for Tech Mahindra as it will help the company scale up its BFSI vertical, which has lagged peers in recent years.
 "Tech Mahindra surges 9% on appointing Mohit Joshi as MD & CEO")
Mahindra CIE tanks 9% after block deal of 6.2% equity
At 09:15 AM; around 23.63 million equity shares representing 6.23 per cent of total equity of MCIE changed hands via block deal on the BSE.
 "Mahindra CIE tanks 9% after block deal of 6.2% equity")
Traders should keep a close eye on 17,315 on the Nifty: Ravi Nathani
The technical analyst sees 17,315 as a critical support level for the near term.
 "Traders should keep a close eye on 17,315 on the Nifty: Ravi Nathani")
Tata Motors up 1% in weak market as Tata Technologies files DRHP with Sebi
This possible IPO along with the receipt of consideration of EV deal with TPG will support FCF generation from the India business to attain near debt zero in the India business, MOFSL said.
 "Tata Motors up 1% in weak market as Tata Technologies files DRHP with Sebi")
Motilal Oswal sees 17% upside potential for top-100 stocks by market-cap
Adani Ports, Hindalco among stocks with 100 per cent 'Buy' rating by analysts.
 "Motilal Oswal sees 17% upside potential for top-100 stocks by market-cap")
Hind Rectifiers soars 18% as new plant kicks off commercial production
The company said that the benefits of these new production lines at Sinnar will however be availed from 2023-24 onwards
 "Hind Rectifiers soars 18% as new plant kicks off commercial production")
KSB surges 9% to trade near new high on strong order book position
The management believes that the demand for capital products will further grow, owing to increased capital investment in infrastructure in this budget.
 "KSB surges 9% to trade near new high on strong order book position")
IDFC, MGL, Radico: 5 smallcaps to bet on amid current market volatility
Shares of IDFC, MGL, Radico Khaitan, KEI Industries and Carborundum Universal may rise up to 26 per cent, indicate technical charts
 "IDFC, MGL, Radico: 5 smallcaps to bet on amid current market volatility")
Titagarh Wagons hits new high; zooms 65% in 6 months on healthy outlook
On March 1, the consortium of Titagarh Wagons and Bharat Electricals (TWL-BHEL Consortium) emerges as the 2nd Lowest Bidder (L2) for manufacturing cum maintenance of Vande Bharat Trainsets.
 "Titagarh Wagons hits new high; zooms 65% in 6 months on healthy outlook")
Nandish Shah recommends Bear Spread on Dabur for the March expiry
The derivative analyst from HDFC Securities recommends to Buy Dabur 530 Put option and simultaneously Sell 525 Put of the March series.
 "Nandish Shah recommends Bear Spread on Dabur for the March expiry")
Adani Enterprises, ACC: Time to sell Adani group stocks after a sharp run?
Analyst recommends investors should wait for some constructive growth direction before venturing into the Group stocks.
 "Adani Enterprises, ACC: Time to sell Adani group stocks after a sharp run?")
Vardhman Special Steel soars 9% on starting production for Toyoto Group Co
The company said sales of these products for FY2023- 24 will be 10,000 MT approx and further increase with receipt of more approvals in next 2-3 years.
 "Vardhman Special Steel soars 9% on starting production for Toyoto Group Co")
HAL, L&T gain up to 3% as government inks contracts worth Rs 9,900 crore
Hindustan Aeronautics received an order for 70 HTT-40 trainer aircraft worth over Rs 6,800 crore, while L&T bagged a contract worth Rs 3,100 crore for supply of three cadet training ships.
 "HAL, L&T gain up to 3% as government inks contracts worth Rs 9,900 crore")
Adani shares gain up to 5% after Group repays Rs 7,374 cr share-backed loan
So far in the last two months, the Adani Group now have prepaid share-backed financing up to $2,016 mn as part of the promoters' commitment to cut overall leverage.
 "Adani shares gain up to 5% after Group repays Rs 7,374 cr share-backed loan")
Stock of this company hits over 3-decade high; zooms 55% in one month
Finolex Cables has rallied 10 per cent to Rs 847.60, and trades at its highest level since March 1992.
 "Stock of this company hits over 3-decade high; zooms 55% in one month")
ONGC, Oil India gain 3%; hit over 8-month highs
In past one month, Oil India has rallied 23%, while, ONGC surged 11%, as compared to 0.33 per cent decline in the S&P BSE Sensex.
 "ONGC, Oil India gain 3%; hit over 8-month highs")
Market rebound: Short-covering, or is the worst behind us now?
The weekly F&O data also highlights significant build-up in open interest at the 17,700 Put, suggesting likely support at this level.
