DSIJ Mindshare

Higher raw material cost in Q4FY18, especially ammonia and natural gas, increased by 32 per cent and 25 per cent, respectively on YoY basis and impacted the profitability.

There are various strategies for allocating capital to different kinds of mutual funds. Let’s see some types of asset allocation strategies.

The stock of Orient Cement was buzzing on the bourses as the company terminated agreements to acquire cement plants from Jaypee Group. Investors seem to cheer the development and the stock was trading up at more than 8 per cent in the early morning session on Thursday.

In the coming session, if Nifty holds above the 100-day SMA which stands at level of 10,554, it would keep positive options open to challenge the recent swing high of 10,717. Stocks in news: ICICI Bank, Reliance Communication, Jamna Auto, Infibeam Corporation, Ultratech Cement, Can Fin Homes, Granules India, Atlanta and Mcleod Russel.

Indian stocks are expected to make a positive start as cues from the global markets are encouraging. The political crisis in Italy seems to be a thing of the past as it did not have a major impact on the Indian markets. One may look forward to some action in the Indian markets in the second half of the trading session as today is F&O expiry day for the May series. The trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty may open higher by 35 points around the level of 10,650.