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According to Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury Advisors LLP, the rupee is expected to be range bound after opening weaker as oil companies are buying dollars amid firm crude oil prices.

The Indian earnings season is going well with about 33 Nifty companies delivering decent numbers. Despite the downgrade of the US rating by Fitch Ratings from AAA to AA+, there is no need to be too concerned as the broader trend for the Indian market is positive. The hospitality industry is looking particularly good with strong traction in occupancy and pricing.

Promoters held 0 per cent stake in the company as of 30-Jun-2023, while FIIs owned 44.53 per cent, DIIs 44.9 per cent.

It is a market where selective gains are visible. If you are into banks, it is great. But if you bought IT, oh, oh, oh, it is turning out to be a terrible year.

The Nifty Bank index was trading 0.88 per cent down at 45189.3.

A total of 194,554 shares changed hands on the counter till 10:35AM (IST)

​On the candlestick screener, a bullish reversal pattern helps identify stocks that can move upwards from a downtrend.​

Stocks that were in focus include names like Hero MotoCorp, which was down 3.24%, Power Grid which fell 5.17%, and IDBI Bank, whose shares gained 8.5% on Tuesday.

Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside.

​This means the average traded quantity of the stock for 5 days along with its cumulative open interest has increased whereas the price has decreased. Here are 4 Nifty 50 stocks displaying such a trend:​