As per early indications from the SGX Nifty, the Friday happy ending is likely to continue on the bourses. It is going to be a buoyant start to the new fiscal as, at the time of writing, the SGX Nifty was up by 51 points at 11,727. Traders will keep an eye on auto sales figures for the month of March, which will start coming in from today. Also, India’s infrastructure  output for the month of February and the external debt are scheduled to be announced today.

Bharat Heavy Electricals has given a downward sloping trendline breakout formed by connecting swing highs from October 2010, considering the weekly time frame. The breakout was supported by robust volumes. Additionally, the stock formed a sizeable bullish candle on breakout day, which adds strength to the breakout.

The stock of Delta Corp has formed a bearish engulfing candle after touching downward sloping trendline resistance and it coincides with the double top zone of Rs. 265.90 - 265.50 which suggests bears are taking control near the short-term resistance zone.

Marico Ltd was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout. The Bollinger Band squeeze occurs when volatility falls to low levels and the Bollinger Bands narrow. A volatility contraction or narrowing of the bands can foreshadow a significant advance or decline. 

It might be hard to believe, but four IPOs of FY2018-19 beat the benchmark indices in terms of returns, Fine Organic is one of them. Read on to know more...

The stocks that are likely to witness significant movement on the bourses on April 1 are Kalapataru Power Transmission, Indico Remedies, Cadila Healthcare, GAIL & BHEL and L&T 

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The Mumbai-based diagnostics company, Metropolis Healthcare Limited (MHL) is hitting the capital market with its maiden IPO. Read on to find should you subscribe to the issue. 

ICICI Bank expects its mortgage portfolio to exceed Rs. 2 lakh crore by March 2020 on account of robust demand from buyers of affordable homes.

Following stocks are close to their 52-weeks low as at 1.09 p.m. on March 29, 2019.