ET looks at some of the stock recommendations by analysts of late. These stocks are expected to return between 16% and 23% as per analysts price targets.

In the last 10 years, October has proved to be one of the best months for Nifty bulls as the index has given a positive monthly return in nine out of 10 times with an average return of 2.9%. JM Financial says this is the highest average return observed in any calendar month.

Gold loan companies may not see the same rate of growth as they have in the past, but are unlikely to be run over by banks as most investors fear, says Digant Haria, founder of Green Edge Wealth

The net long position of foreign portfolio investors decreased from Rs 33,913 crore on Wednesday to Rs 22,565 crore on Thursday.

The MWPL for Hindustan Copper stood at 96.3% on Wednesday with OI reported by Trendlyne at 30.1 million. It was down 0.9% from the previous session. The MWPL for Delta Corp stood at 95.5% on Wednesday with OI reported by Trendlyne at 13.9 million. It was down 4.3% from the previous session.

The net long position of foreign portfolio investors decreased from Rs 58,995 crore on Monday to Rs 33,913 crore on Wednesday.

Indian frontline indices fell on Monday amid profit-selling pressure in bank, IT and metals stocks. The S&P BSE Sensex snapped its 11-session winning streak as it ended at 67,596.84, down by 241.79 points or 0.36%. The broader Nifty50 fell by 69.80 points or 0.35% to close at 20,122.55. Meanwhile, banking gauge Nifty Bank settled at 45,942.65., lower by 288.85 points or 0.62%.

The net long position of foreign portfolio investors decreased from Rs 62,030 crore on Friday to Rs 58,995 crore on Monday.

The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.

The net long position of foreign portfolio investors increased from Rs 46,143 crore on Tuesday to Rs 60,567 crore on Wednesday.

The rupee settled 1 paisa lower at 83.03 against the US dollar on Monday, as positive cues from domestic equity markets failed to allay investors' concerns over elevated crude prices.

The rupee snapped a four-day losing streak to close 24 paise higher at 82.99 against the US dollar on Friday, helped by a firm trend in domestic equities and suspected intervention by the RBI.

On May 5, 2o23, the ED had frozen assets worth Rs 143 crore of MD and CEO VP Nandakumar after it conducted raids as part of an investigation in a money laundering case.

The counter is trading into a rising channel pattern constantly after it rebounded from the support zone. The strong bullish momentum on weekly scale suggests that the counter is likely to maintain bullish continuation chart formation in the coming horizon.

We have seen big action in Manappuram Finance too, which declined 2.64 percent to Rs 142.25 with multi-fold jump in volumes.

According to the bulk deal data available with the BSE, Quinag Acquisition (FPI) disposed of 8,37,85,880 shares amounting to a 9.90 per cent stake in Manappuram Finance. The shares were offloaded at an average price of Rs 140.50 apiece, taking the transaction value to Rs 1,177.19 crore. At the end of June quarter, Quinag owned more than 8.37 crore shares which is equivalent to 9.90 per cent stake in the company, as per the shareholding data available with the BSE.

Details about the buyers and sellers are not yet known.

Indian frontline indices S&P BSE Sensex and Nifty50 ended flat on Tuesday as gains in auto and FMCG stocks were overshadowed by weakness in banks and IT stocks. The S&P BSE Sensex ended at 65,220.03, up 4 points or 0.01% while the broader Nifty50 settled at 19,396.45, lower by 3 points or 0.01%.

"In the near term, we expect the market to trade in a broader range with buying seen at lower levels. Stock specific action is likely to dominate," Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

Given the prevailing conditions, the Nifty Index's trend in the short to medium term appears to be corrective, as long as it remains below the 19,645 levels.

India VIX was up by 1.04% from 12 to 12.12 levels in the previous trading session. Volatility rose above 12.5 during the day but later cooled off thus paving way for the bulls at support zones.

Motilal Oswal is bullish on Manappuram Finance recommended buy rating on the stock with a target price of Rs 180 in its research report dated August 10, 2023.

"The result season is now coming to an end. Overall the earnings have been in the expected line. In the absence of any major trigger and uncertain global cues, we expect the market to consolidate in the range," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

"There is good demand in microfinance. In the first quarter, we have a little slowdown because there were some concerns about liquidity, even though there was no liquidity challenge, but those concerns are addressed. Now we have good liquidity for the company and we are targeting a growth of around 30-35% in Asirvad."

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Gland Pharma has formed long bullish candlestick pattern with long lower shadow on the daily charts, indicating buying at lower levels, after a day of Dojj candlestick pattern formation.

Asirvad Microfinance reported a consolidated net profit of Rs 111 crore in the June quarter against a loss of Rs 8.3 crore in the year-ago period

#MANAPPURAM I'm Very Bullish💚💚💚💚💚💚 On Manappuram Finance💪💪💪 For Two YearBefore 2026 This Stock Make A New High.📈📊Currently Moving

Supreme Petrochem is a leading player in the Indian petrochemical industry, involved in the manufacturing and distribution of a wide range of plastic products. On July 21, 2023, the stock price closed at Rs 446.40, surpassing its 20-day SMA of Rs 440.34.

A security finds itself in the ban list when the aggregate open interest for any scrip exceeds 95 percent of the market-wide position limit. The MWPL, calculated on the basis of aggregate open interest futures and options contracts is linked to the free float market capitalisation. It is capped at 20 percent of the public shareholding

On July 19, 12 stocks were reportedly trending down in relative strength index (RSI), which measures the speed and change of price movements. Stocks with an RSI of 70 or greater are considered overbought, while those under 30 suggest the stock is oversold. Stocks identified by ETMarkets as trending down on July 19 included Maruti Suzuki India, UNO Minda and Hindustan Unilever.

The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%. Traders who trade in indices do not encounter a situation of security ban.

Option data suggests a shift trading range in between 19400 to 20000 zones while an immediate trading range in between 19550 to 19900 zones.

Option data suggests a shift trading range in between 19400 to 20000 zones while an immediate trading range in between 19550 to 19900 zones.

Option data suggests a broader trading range in between 19100 to 19700 zones while an immediate trading range in between 19250 to 19550 zones.

Foreign portfolio investors turned net sellers at Rs 1,242 crore on Wednesday. DIIs, meanwhile, bought shares worth Rs 436 crore

Foreign portfolio investors turned net sellers at Rs 1,242 crore on Wednesday. DIIs, meanwhile, bought shares worth Rs 436 crore

"Going forward, we expect the positive momentum to continue on the back of healthy earnings, consistent FII inflows, and improving monsoon," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

"Going forward, we expect the positive momentum to continue on the back of healthy earnings, consistent FII inflows, and improving monsoon," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

Several BSE SmallCap stocks reached new 52-week highs on July 11, including Apollo Tyres, Bombay Burmah Trading Corp, Kalyan Jewellers, IIFL Finance, Manappuram Finance, KIMS Hospitals, CCL Products, Chalet Hotels, and Mazagon Dock Shipbuilders. The companies cover a diverse range of industries, from jewellery and hospitality

Singh will be moving permanently to London, the sources added. He joined Apax in 2004 in its London office and moved to the India office in 2007 and took charge after Neeraj Bharadwaj left the firm for Carlyle Group in 2013.

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On June 28, 2023, L&T Finance Holdings (L&TFH) and Manappuram Finance stocks were placed under the F&O ban. However, they were still available for trading in the cash market. The ban is imposed when the open interest on a stock exceeds 95% of the market-wide position limits, and is lifted when the open interest falls below 80%. These bans do not affect traders who trade in indices. The stocks were banned due to their high open interest, with L&TFH experiencing a significant increase from the previous session.

Foreign portfolio investors turn net buyers at Rs 2,024 crore on Tuesday. DIIs, on the other hand, sold shares worth Rs 1,991 crore.

Foreign portfolio investors turn net buyers at Rs 2,024 crore on Tuesday. DIIs, on the other hand, sold shares worth Rs 1,991 crore.