DSIJ Mindshare

Siemens, a global powerhouse that is engaged in electrification, automation and digitisation, retested a significant Rounding bottom breakout at 1293 levels on a closing basis. During the week the company bagged Gujarat Metro Link Express contract for consideration of Rs. 580 crores.

The stocks that are likely to witness significant movement on the bourses on January 15, 2018 are Bharti Airtel Limited, Mohota Industries Limited, The Karnataka Bank Limited, Federal bank Limited and Religare Enterprises Limited.  

To analyse the relationship between portfolio and index as well as its volatility, statistical tools like R-squared, Beta and Standard deviation are used. These tools analyse the risk involved in the schemes and assists investor to choose the best suited investment.

Infosys's reported consolidated results for the quarter beat market estimates on bottom-line. Revenue for the quarter came in 0.2 % lower than the estimated figure of Rs. 17829 crores. And lastly, net profit for the quarter came in 42.12% higher than the estimated figure of Rs. 3609 crores.

Den Networks hit an upper circuit at 20 per cent in intraday trade making a new 52-week high and has given downward sloping trendline breakout at 108 levels on weekly basis. Above 134.50, the stock may see potential upside.