First I will go for Hind Copper. Hind Copper is now trading at Rs 128. The reason for picking this stock is that the demand for electric vehicles is increasing now. The latest news is that the company is acquiring or taking on lease a copper mine in Argentina.

The overall structure of Schneider Electric Infrastructure is very impressive, as it is trading above all its important moving averages.

However, as per Trendlyne data, the highest target price for Jindal Steel goes up to Rs 730, while the average target price estimate is Rs 510, a downside of 10% from the current market price of Rs 109. Out of the 23 analysts covering the stock, 15 have strong buy and buy ratings, two have hold ratings, and six have strong sell and sell ratings.

The MACD showed bearish signs on the counters of SAIL, Indiabulls Real Estate, Coffee Day, Hindustan Copper and HDFC Life Insurance, among others

Hindustan Copper has broken out from the downward sloping trend line on its weekly charts. Volumes have been gradually rising along with the price rise.

Archean Chemicals and Five Star Business Finance will make their Dalal Street debut on Monday after both company's issue aggregating to Rs 1,462 crore and Rs 1,960 crore, respectively were open between November 9-11.

The Nifty formed a small negative candle on the daily chart, placed beside the positive candle of the previous session.

The date of payment of the dividend, equivalent to 23.20 per cent on the companys paid-up capital, is October 26

Mobile tower giant Indus Towers is learnt to have asked debt-ridden Vodafone Idea to clear outstanding dues and pay every month on time for continuity of business post-November.

Besides, Baba Arts will hold its AGM. For stocks like MCX India, PSP Projects, TD Power Systems and Vikas Eco, today is the record date for determining shareholders' eligibility for the dividend payout.

Electric vehicles (EVs) in India have seen a growth of CAGR of 205% and 149% domestic sales volumes in two-wheelers and four-wheelers respectively during FY20-FY22, but persistent concerns around raw material availability are set to dampen the demand scenario in the coming years.

Nomura said Indian steel mills cut HRC (hot rolled coil) prices for August by ₹3,500 per tonne to ₹58,500 from the previous month and CRC (cold rolled coil) by ₹2,500 per tonne to ₹66,000. The government in May had slapped an export duty of 15% on various steel products and imposed a 45% duty on iron ore pellets to rein in the prices.

“Even in this last quarter, while TCS grew only 4-5%, Tata Elxsi grew more than 20%. So technically they are in a better space than the broad based IT companies. We own it as a momentum play. I am biased but I would be more wary if a new player was looking to come into this stock. If you are not a momentum player this stock is not for you.”

Eight minerals, including lithium, beryllium and zirconium will be removed from a restricted list that currently prohibits production by private companies.

The Government is attempting to modify the law to permit private miners to collect lithium, a crucial component of batteries used in electric vehicles and energy storage, as the country strives to become more self-sufficient in green technologies. In wake of this action, the government is also aiming to reduce Indias dependence on imports for some key minerals while putting the country in a better position to compete in the lucrative battery supply chain.

Hindustan Copper, incorporated in the year 1967, has a market cap of Rs 8,413.88 crore. Presently, the promoter group held a 66.14 per cent stake in the company as of March 31, 2022.

The funds will go towards setting up a copper refining capacity of 0.5 million tonnes per annum (MTPA) as part of the phase 1 of the greenfield plant. The total planned capacity is 1 MTPA in two phases.

The board will also consider raising funds through a qualified institutional placement method, it added.HCL is a public sector undertaking under the administrative control of the Ministry of Mines.

Stocks that were in focus included names like Hindustan Copper which fell more than 9 per cent, Minda Industries which fell more than a per cent, and Tata Power which closed with losses of over 7 per cent on Monday.

The Nifty Realty index was trading 1.69 per cent down at 371.25.

Cheviot Company, Apar Industries, Priti International, Globesecure Technologies Ltd. and Wendt India, hit their fresh 52-week highs at 11:10AM.

The Nifty Auto index was trading 0.3 per cent down at 10798.8.

The Nifty Bank index was trading 0.05 per cent down at 32727.65.

In the Nifty 50 index, 22 stocks were trading in the green, while 27 stocks were trading in the red.

In the Nifty pack, 20 stocks were trading in the green, while 30 stocks were trading in the red.

Hindustan Copper said its profitability has improved on account of dynamic marketing policy, effective procurement of services, reduction of loans and rise in LME prices

China’s central bank slashed five-year loan prime rate by 15 basis points to 4.45 percent