For ABFRL, the brokerage expects Lifestyle brands to register 16% YoY growth whereas Pantaloons division is expected to register subdued growth of ~9%.

ABFRL, part of the USD 60 billion global conglomerate, Aditya Birla Group is India's largest multi-brand retailer of International global brands such as Ralph Lauren, Hackett, Ted Baker, Fred Perry, Forever 21, American Eagle and Reebok.

Top stock picks: The brokerage is bullish on private banks, insurance, select industrials, consumer discretionary, automobiles and telcos. Stocks in its portfolio include Maruti Suzuki, M&M, Sun Pharmaceutical, Fortis Healthcare, Bharti Airtel, HDFC Bank, ICICI Bank, Axis Bank and SBI Life Insurance.

Aditya Birla Fashion and Retail, incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 28327.77 Crore) operating in Retail sector.

Aditya Birla Fashion and Retail, incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 28327.77 Crore) operating in Retail sector.

Motilal Oswal is bullish on Aditya Birla Fashion recommended buy rating on the stock with a target price of Rs 380 in its research report dated December 04, 2022.

Aditya Birla Fashion and Retail, incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 29561.86 Crore) operating in Retail sector.

Private equity majors The Carlyle Group and Advent have got the Reserve Bank's nod to own up to 9.99 per cent in the private sector lender Yes Bank.

ICICI Direct is bullish on Aditya Birla Fashion and Retail recommended buy rating on the stock with a target price of Rs 380 in its research report dated November 29, 2022.

The deal appears complementary to Gland in terms of EU market access, branded pharma customer base and some technologies, the brokerage said. “We see the scope of meaningful value unlocking, subject to synergy execution,” said the note.

Aditya Birla Fashion and Retail, incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 29209.93 Crore) operating in Retail sector.

The momentum seems to be in favour of bulls but having consistent run-up for the last few days, some bouts of volatility and consolidation can be seen in coming sessions, before taking gradual march towards first 18,700-19,000 area

Tata Consultancy Services has launched the TCS Quantum Computing Lab on Amazon Web Services to help enterprises explore, develop, and test business solutions and accelerate the adoption of quantum computing.

The stock of TCNS Clothing in the last one year has fallen close to 25% and is currently trading 35% lower from its 52-week high of Rs 932.55. Rs 686 is the average estimated target price for the stock, shows Trendlyne data.

The list of top 10 most sought after stocks by mutual fund managers in October also included HDFC, Dabur India, Tata Chemicals, ICICI Lombard, Zee Entertainment, Bajaj Finance and UltraTech Cement, shows data from Nuvama Institutional Equities.

Emkay Global Financial is bullish on Aditya Birla Fashion and Retail has recommended buy rating on the stock with a target price of Rs 380 in its research report dated November 06, 2022.

ICICI Direct is bullish on Aditya Birla Fashion and Retail recommended buy rating on the stock with a target price of Rs 380 in its research report dated November 07, 2022.

Sharekhan is bullish on Aditya Birla Fashion and Retail has recommended buy rating on the stock with a target price of Rs 386 in its research report dated November 04, 2022.

Coal India, Divi's Labs, BPCL, Paytm, AB Capital, Sundaram Finance, Tata Teleservices, Vinati Organics, KRP Mills, Endurance Tech, PB Fintech and Affle are among the companies that will announce their results for September 2022 quarter today.

"Robust Like-to-Like and consistent e-commerce performance have been key drivers of growth in the quarter. The period also saw an increase in marketing investments post a hiatus of more than 2 years since COVID, as the company reinvigorated its focus towards brand building and strengthening consumer connect," it said.

Shares of Allsec Technologies (Rs 20 per share), Crisil (Rs 10 per share), Kewal Kiran (Rs 3 per share), Procter and Gamble Hygiene (Rs 65 per share) and TCI Express (Rs 3 per share) will trade ex-dividend today.

Titan, Cipla, Britannia, Marico, InterGlobe Aviation, GAIL, TVS Motors, Tube Investment of India, Cummins, Solar Industries, IDFC First Bank, ABFRL and Escorts are among the companies that will announce their results for September 2022 quarter today.

Aditya Birla Fashion and Retail Ltd., incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 33212.51 Crore) operating in Retail sector.

The S&P BSE Sensex rose nearly 800 points while the Nifty50 closed above 18000 levels on Monday.

Momentum indicator Moving Average Convergence Divergence (MACD) showed bullish trend in the counters of JSW Energy, Aditya Birla Fashion, FirstSource Solution, Orient Cement and Swan Energy among others

In the last one month, Container Corporation Of India has gained about 16%

Bharti Airtel, 3i Infotech, Asahi India Glass, Castrol India, LT Foods, Larsen and Toubro, Saregama Industries, Swaraj Engines, Tata Steel, VST Tillers, Mold-Tek, TCI Express, Equitas Small Finance Bank, Motherson Sumi etc.

"My main worry is the imminent slowdown in the western economies and what impact that will have on IT outsourcing. If these companies remain totally immune to that, then that call was totally wrong and these could become huge performers next year. But I would not bet on it. So what this result commentary and the buyback does is that it reduces downside risk. But it does not open up a very significant upside potential in my view."

For India's largest car manufacturer Maruti Suzuki, Motilal expects a 297% YoY growth in its Q2 profit at Rs 1,900 crore. Besides the easing of supply-chain constraints, the auto majors EBIT margin is expected to improve on a QoQ basis due to price hikes, forex benefits, and operating leverage.

For India's largest car manufacturer Maruti Suzuki, Motilal expects a 297% YoY growth in its Q2 profit at Rs 1,900 crore. Besides the easing of supply-chain constraints, the auto majors EBIT margin is expected to improve on a QoQ basis due to price hikes, forex benefits, and operating leverage.

For India's largest car manufacturer Maruti Suzuki, Motilal expects a 297% YoY growth in its Q2 profit at Rs 1,900 crore. Besides the easing of supply-chain constraints, the auto majors EBIT margin is expected to improve on a QoQ basis due to price hikes, forex benefits, and operating leverage.

Oil & gas, utilities, telecom, energy, and power stocks saw some buying while selling was visible in banks, metals and IT stocks.

Aditya Birla Fashion and Retail Ltd., incorporated in the year 2007, is a Large Cap company (having a market cap of Rs 32758.57 Crore) operating in Retail sector.

While the index could find support at 16,888 levels, the upside is capped at 17,600, analysts said. Ambuja Cement, Trent, Apollo Tyre, ICICI Bank, SBI, Eicher Motors, Maruti, Britannia, Hindustan Unilever, and TCS are some of the stocks analysts suggest for traders.

The Dow Jones Industrial Average closed below 29,000 for the first time since November 2020. The index fell 500.10 points, or 1.71%, to 28,725.51. The Nasdaq Composite was 1.51% lower, ending the day at 10,575.62. Meanwhile, the S&P 500 was down 1.51% on Friday, falling to 3,585.62. The index closed out its worst month since March 2020. For September, the Dow tumbled 8.8%, while the S&P 500 fell 9.3%. The Nasdaq lost 10.5%.

“The sharp fall that we have seen in the palm oil prices, some of the soap companies, especially the larger ones like HUL and Godrej Consumers are the two companies where we are very comfortable entering even at current levels. We turned positive on ITC sometime back and the stock had seen the kind of run up especially because of the benefits that it had against some of the traditional FMCG players.”

Nifty weekly contract has the highest open interest at 17,000 for Calls and 16,000 for Puts while monthly contracts have the highest open interest at 17,000 for Calls and 16,800 for Puts.

“ IT is looking good for the simple reason that when the dollar is strongest, it imports disinflation into the US. Earnings growth rate of IT companies for the next three years are likely to be higher than they were pre-pandemic. So with a combination of higher earnings growth rate and as well as a dollar to support, IT is looking good in the current juncture.”

“We are seeing a decent amount of interest coming through in almost every sector with the exception of perhaps commodities and software companies where the earnings may be slightly on the softer side. But by and large, we should see a very good earning season. That is driving a lot of interest into stocks. ”

“Hotel companies will continue to do well. If they are put in two brackets – one is the mid income and above mid income which is where Mahindra Holidays, Thomas Cook fall into and then the luxury end of the segment which includes India Hotels, Chalet Hotels, Taj Hotels and the Marriotts of the world.”

The company has received approval for its Rs 4000-crore IPO from Sebi. During the year, most retailers recovered from Covid restrictions and breached pre-pandemic sales helped by increased mobility, offices reopening and social events.

“We are holding Apollo tyres in slightly bigger quantities and Ceat in somewhat smaller quantities. I am more bullish on Apollo because of the global nature of their business. The fact that their European operations have hedged energy costs for nearly one year and so to that extent, profitability will not get impacted there.”