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Tracking the Asian peers, equity indices climbed nearly 1% each on Monday. The 30-share Sensex climbed 560 points to settle at 73,648 and the Nifty went up 189 points to 22,336.Stocks that were in focus included names like TVS Motor, which rose 2.22%, Berger Paint, which increased 0.7%, and Tata Communication, whose shares declined 1.55% on Monday.Here's what Pravesh Gour, Senior Technical Analyst, Swastika Investmart, recommends investors should do with these stocks when the market resumes trading today.TVS MotorThe counter has experienced a significant decline from higher levels and has broken down to a Head and Shoulders pattern in the daily timeframe, signaling a pause to the incredible rally witnessed in the past.Presently, the structure appears weak as the counter has fallen below its 100-day simple moving average and has slipped below the critical level of 2000. In terms of technical levels, initial support is expected around 1860, followed by a major support level at 1755, where the 200-day simple moving average is situated.On the upside, the first resistance is at 2000, while a more significant resistance is seen at 2050 where the 100 DMA is placed.Berger PaintIt has witnessed a breakdown of a head and shoulder formation on the daily chart. The overall structure of the counter is distorted as it is trading below all its important moving averages.The momentum indicator RSI (relative strength index) is negatively poised, whereas MACD (moving average convergence and divergence) is witnessing a centerline crossover on the downside.On the downside, Rs 500 is immediate support. Below this, we can expect a downward move towards Rs 480. On the upside, Rs 540 is the important resistance level.Tata CommunicationsThe counter has witnessed a steep decline from it's all-time high zone and recently experienced a breakdown to a trendline support following weak Q4 results.The structure appears very weak as the counter has slipped below all its major moving averages, which opens a downside window to levels around 1666 if the weakness persists.The major support is seen at the 1600 level. On the upside, the initial resistance will be encountered at its 200-day moving average, positioned at 1780 levels. Above that, short covering may continue up to the 1845-1850 levels.

Here's a look at some of the latest stock recommendations by analysts. These stocks are expected to return between 18% and 59% as per analysts’ price targets.Dr Lal Pathlabs BROKERAGE MORGAN STANLEY Price Target: Rs 2,681 CMP: Rs 2,266 Upside: 18% Initiate coverage with ‘overweight’ given strong execution track record, brand recall Will sustain share valuations owing to stable revenue growth and profitability Stock price catalyst will be suburban diagnostics turnaround in terms of market share gains and margins HDFC Bank BROKERAGE BNP PARIBAS Price Target: Rs 2,410 CMP: Rs 1,512 Upside: 59% Fears are overdone; current stock level attractive buying opportunity Valuation of 2.1 times FY25 core BVPS (book value per share) does scarce justice to FY26 core ROE (return on equity) of 17.1% Branch additions will continue despite pressures to conform to Street’s profit expectationsPatel Engineering BROKERAGE ICICI DIRECT Price Target: Rs 80 CMP: Rs 62.84 Upside: 27% Expect order inflows of Rs 6,000 cr in FY25 and Rs 10,000 cr in FY26; Current order book at Rs 19,134 cr Non-core asset monetisation and claims could aid in reduction of debt (Rs 1,966 cr in FY23) Earnings to grow 32.4% on a compounded basis till FY26

Mumbai: Motilal Oswal Financial Services said that it continues to expect steady ordering activity in the power transmission and distribution (T&D) space. The capex-intensive nature of the value chain and high entry barriers for new players should restrict competition to a few players having control over the supply chain, it said. The scope for margin improvement in the near term is high for Siemens, Hitachi Energy, GE T&D, ABB, and transformer companies.109515059Based on meetings with six players focused on the T&D space and analysis of 12 players' commentaries, the brokerage said the pipeline of projects approved by the Central Electricity Authority of India (CEA) stands robust for next 2-3 years and is likely to be positive for most players in the value chain for the next 4-5 years. "Increase in market shares may result in 15-20% growth in T&D or energy segment inflows and revenues.According to commentaries of capital goods companies, most industry players have indicated that demand for T&D products has increased sharply in the domestic and international markets, while the expected addition of generation capacity will boost transformer capacity as the current supply is constrained by already high capacity utilisation and limited capacity additions.

NEW DELHI: India, China and Russia, along with five other World Trade Organization (WTO) members, on Monday criticised the European Union's decision to extend its existing safeguard measure on certain steel products beyond June 30.At a WTO meeting, they argued that the EU's safeguard duty - brought into force after the United States in 2018 imposed additional duties on certain categories of steel imports from the bloc - was inconsistent with the global trade body's rules.WTO members, including India, also criticised similar duties imposed by the United Kingdom."The EU said it has evidence that the steel safeguard measure continues to be necessary," said a Geneva-based official, who did not wish to be identified.During the meeting, China and Korea said the rationale for the extension of the measure was ill-founded, while Brazil argued that the only sustainable solutions for the global problem of excess steel capacity were those based on multilateral or plurilateral cooperation instead of unilateral protectionist measures.Retaliatory measuresIn 2021, India had proposed to impose additional import duties worth 292 million on select products from the EU as retaliation against the safeguard measures.It then proposed additional customs duties of 15% on the import of 22 products - including whisky, cheese and diesel engine parts - from the UK, in retaliation to the latter's decision to impose restrictions on steel products after it exited the EU.UK to decide on extensionThe UK will decide whether to extend the measure by June 30, when the safeguard expires."Several members said the UK has been imposing safeguard measures against imports of steel products since it was a member of the EU and continued to do so even after Brexit," the official said.The WTO members alleged that the UK failed to carry out an investigation justifying the measures in line with the WTO rules.Under the global trade body's Safeguards Agreement, members can restrict the imports of a product temporarily by imposing higher tariffs or other measures if its domestic industry is seriously injured.The measures apply to all imports, and not just those from a particular country, and should not last more than four years.However, developing countries accounting for less than 3% of the exports are excluded from such measures.

Patanjali Ayurved, in a statement, expressed deep regret for its recent actions and assured the Supreme Court of its commitment to upholding the court's dignity and the constitution. This comes after the Supreme Court's firm stance against Acharya Balkrishna and Baba Ramdev for promoting misleading advertisements of their ayurvedic products. In its public apology as carried by the Indian Express, Ramdev stated, 'Patanjali Ayurved fully respects the dignity of the Hon'ble Supreme Court. We sincerely apologize for the mistake of publishing advertisements and holding a press conference even after our advocates made a statement in the apex court. We are committed to not let such a mistake be repeated ever in the future. We reassure you that we shall remain committed to uphold the constitution and the dignity of the Hon'ble Supreme Court.' The Supreme Court, while acknowledging Ramdev's contributions to yoga, emphasized that the duo remains under scrutiny and has yet to receive absolution. They extended a week's time for them to rectify their actions and demonstrate sincerity, with the next hearing scheduled for April 23. Patanjali was given a week to issue a public statement in the fake advertisement case. Justice Hima Kohli highlighted the importance of responsible conduct, cautioning against disparaging other medical systems. The court's decision followed Patanjali's repeated violations of court directives, with the bench reminding them of the principle of equality before the law.Patanjali's apologyThe matter pertains to a petition filed by the Indian Medical Association which has alleged that the company engaged in a smear campaign against modern medicine and at the time, Covid-19 vaccines.In the previous hearing, the SC slammed the duo as the bench refused to accept the affidavits containing 'unconditional apology' filed by Ramdev and Balkrishna in the matter. Court said these apologies were 'only on paper'.Ramdev, offering an "unconditional and unqualified" apology, affirmed that there was no intention to undermine the Supreme Court's prestige. He assured the court of exercising caution in the future.Senior counsel Mukul Rohatgi informed the court that the duo was prepared to issue a public apology, expressing contrition regarding the advertisements. Previously, the Supreme Court had rebuffed their apologies twice, while also criticizing the Union government for its silence regarding Patanjali Ayurved's misleading advertisements.Patanjali Ayurved, based in Haridwar, Uttarakhand, reiterated its commitment to rectifying the mistake and ensuring that such incidents are not repeated in the future. The company fully respects the dignity of the Hon'ble Supreme Court and remains dedicated to upholding the constitution.