Aditya Birla Sun Life mutual fund has announced the launch of Aditya Birla Sun Life PSU Equity Fund, an open-ended equity scheme that follows the PSU theme. Read on to know if you should subscribe to it.

The board of directors of the company has initially approved capital expenditure of around Rs 90 crore for site development and related infrastructure on nearly 74 acres of land for greenfield projects at Dahej, Gujarat.

The market opened in the green on 13th December (Friday) . On Thursday, the Sensex rose by 0.42 percent to close at 40,581.70, while the Nifty rose by 0.52 percent to close at 11,971.80.

The market opened in the green on 13th December (Friday) . On Thursday, the Sensex rose by 0.42 percent to close at 40,581.70, while the Nifty rose by 0.52 percent to close at 11,971.80.

The market opened in the green on 13th December, overall volumes in futures & options currently stand at 3,82 crore contracts with a turnover of Rs. 26,02,611.75 crore.

The market opened in the green on 13th December, overall volumes in futures & options currently stand at 3,82 crore contracts with a turnover of Rs. 26,02,611.75 crore.

Biocon Limited and Equillium Inc. have expanded their collaboration and license agreement for Itolizumab to grant Equillium exclusive rights for developing and commercializing in Australia and New Zealand.

On Friday, 12,004 (13-DMA) will act as the critical resistance and Wednesday’s low 11,832 will act as short-term support. Stocks in news: Navin Fluorine International, TCS, Biocon, Wipro, Persistent Systems.

Welcome to the final trading session of the week. We begin with sentiments badly torn between two extreme factors. On one hand, there are the dismal IIP numbers for October, which were announced on Thursday post-market hours, and on the other hand, the inflationary monster is back again, as November retail inflation rises to 5.54 per cent over 3 years. 

Editorial

Reviews

Technical Analysis

Sentiment Indicators

Your Technical Portfolio Guide

Fundamental Analysis

Street Talk

On Thursday, Ujjivan Small Finance Bank made a sparkling debut on both the exchanges BSE and NSE, respectively, as it got listed at 59 per cent premium to issue price delivering bumper gains to investors who got its allocations.

L&T Construction has been awarded a contract for its Heavy Civil Infrastructure business from Rail Vikas Nigam Limited (RVNL) to construct the Rishikesh - Karanprayag Tunnel 2 package works, which comprise of tunnels, bridges, and formation works in the state of Uttarakhand.

This inspection was carried out for five days from September 9 to 13, 2019. The inspection has confirmed that the site is in compliance with all the guidelines of Current Good Manufacturing Practices (CGMP).

Indian equity markets ended higher for the second consecutive day on Thursday ahead of the industrial production data for the month of October and CPI inflation for November, which will be released later in the day.

Larsen & Toubro Infotech Ltd. (LTI) announced on Thursday that it has won a multiyear engagement with Swedish financial services company, Hoist Finance AB, to manage its IT Operations.

You might have come across many individuals, claiming to be an expert in personal finance. This creates a lot of confusion as to whom to trust. So, to save you from this confusion, here we are explaining some of the personal-finance designations and what their actual job is.

The Mumbai-based real estate developer, Godrej Properties Limited (GPL), has added three new projects in MMR and one in Bangalore, thereby, adding approximately 12.70 million square feet of new development potential.

Reliance Strategic Business Ventures Limited (RSBVL) has acquired equity shares of NowFloats Technologies Pvt. Ltd. (Nowfloats) for a cash consideration of Rs. 141.63 crores.

Confidence Petroleum India Limited announced today that it has been awarded with the contract by Gujarat Gas Ltd. for commissioning of CNG Dispensing Stations in Gujarat and, hence, is venturing into the installation of CNG dispensing stations and other related projects.

The market opened in the green on 12th December (Thursday) . On Wednesday, the Sensex rose by 172.69 points to close at 40,412.57, while the Nifty rose by 53.35 points to close at 11,910.15.

The market opened in the green on 12th December (Thursday) . On Wednesday, the Sensex rose by 172.69 points to close at 40,412.57, while the Nifty rose by 53.35 points to close at 11,910.15.

Avenue Therapeutics announced submission of a New Drug Application (NDA) to the U.S. Food and Drug Administration (USFDA) for IV tramadol, which is indicated for the management of moderate to moderately severe pain in adults in a medically supervised health care setting.

The market opened in the green on 12th December, overall volumes in futures & options currently stand at 1.93 crore contracts with a turnover of Rs. 13,31,137.91 crore.

The market opened in the green on 12th December, overall volumes in futures & options currently stand at 1.93 crore contracts with a turnover of Rs. 13,31,137.91 crore.

It would be interesting to monitor price action near the immediate resistance of 11,982, going forward. If the Nifty fails to cross this hurdle, expect consolidation to corrective phase to continue. Stocks in news: Bharti Airtel, Maruti Suzuki India, Cipla, KRBL, Prakash Industries, Vodafone Idea.

In the last trading session, the bulls made a strong come back in the last hour of the session and, if we go by the early trend on SGX Nifty, it indicated that the bulls are likely to carry the positive baton from last trading session.

Jindal Steel & Power Limited (JSPL) commissioned its 4th Coke Oven Battery at its Angul plant, thus, making it self-sufficient in coke requirement.

CG Power received a letter from the Serious Fraud Investigation Office (SFIO), informing it of the Central Government's order for an investigation by the SFIO into the company’s affairs and also of its fifteen related group companies.

The retirement phase is considered to be a cooling down phase and many people wish to slow down by then and relax for the rest of their lives. However, there may occur a few things, due to which, you might not like your retirement period. Let us find out about those things.

According to a press release KNR Constructions Limited (KNRCON) has received a new work order worth Rs. 240.60 crore from Greater Hyderabad Municipal Corporation (GHMC).

The market opened in the green on 11th December (Wednesday) . On Tuesday, the Sensex fell by 0.61 percent to close at 40,239.88, while the Nifty fell by 0.68 percent to close at 11,856.80.

The market opened in the green on 11th December (Wednesday) . On Tuesday, the Sensex fell by 0.61 percent to close at 40,239.88, while the Nifty fell by 0.68 percent to close at 11,856.80.

The market opened in the green on 11th December, overall volumes in futures & options currently stand at 1.39 crore contracts with a turnover of Rs. 9,83,279.01 crore.

The market opened in the green on 11th December, overall volumes in futures & options currently stand at 1.39 crore contracts with a turnover of Rs. 9,83,279.01 crore.

If 11,800 mark does not hold, it may slide towards level of 11,749 level, where the 50-DMA is placed. On the higher side, an immediate resistance is seen around 11,900 mark, followed by 11,980. Stocks in news: Reliance Industries, Wipro, IDBI Bank, Yes Bank.

The saying, "no news is bad news," has proved to be true for the Indian markets, as bears tighten their grip on D-Street on the previous trading session. Market participants were eagerly waiting for some exciting news from domestic and foreign shores.

In Tuesday’s trading session, the Indian equity benchmarks traded under pressure and settled for the day with losses of more than half a per cent, owning to profit booking by investors.

Considering the weekly time frame, the stock is trading in symmetrical triangle pattern. As of now, the price action has narrowed, substantially, and the price has reached near the apex point of the triangle, which indicates that the stock is likely to give a breakout in the coming weeks.

Before you start investing these are the three important steps you need to take.

Everyone wants to be wealthy and prosperous but only a few truly make the right moves to make one rich. Let us look at a few things that rich people around the world follow:

According to a report by Investment Information & Credit Rating Agency (ICRA), the long term rating for NELCAST was re-affirmed and outlook revised to Negative. On the other hand, the Short-term rating was downgraded to [ICRAJ]A1.

The market opened in the green on 10th December, overall volumes in futures & options currently stand at 1.41 crore contracts with a turnover of Rs. 9,91,452.25 crore.

Panacea Biotech Limited has announced launch of brand ViLACT in India. ViLACT is used in the treatment of Uncontrolled Type 2 Diabetes Mellitus patients with HbA1c >6.5 per cent.

The market opened in the green on 10th December, overall volumes in futures & options currently stand at 1.41 crore contracts with a turnover of Rs. 9,91,452.25 crore.

The market opened in the green on 10th December (Tuesday) . On Monday, the Sensex rose by 0.1 percent to close at 40,487.43, while the Nifty rose by 0.13 percent to end at 11,937.50.

Foreign Institutional Investors (FIIs) purchased shares worth Rs. 459.22 crores on Monday. Market participants will be keeping an eye on inflation and industrial production numbers.

India’s biggest and the world’s third largest stock exchange in terms of the amount of transactions, the National Stock Exchange (NSE) recently introduced interest rate options on 10-year Government of India bonds, witnessing turnover of 5,926 contracts soon after the launch.

The market opened in the green on 10th December (Tuesday) . On Monday, the Sensex rose by 0.1 percent to close at 40,487.43, while the Nifty rose by 0.13 percent to end at 11,937.50.

Dilip Buildcon Limited, through JV, has been declared an L-1 bidder for a project by the Delhi Metro Rail Corporation Limited. The project cost is Rs. 825.62 crores.

The identical low (11,888) of the previous two trading sessions is likely to act as an immediate support level and on the upside. The 20-DMA, which is placed at 11,981, is likely to act as an immediate resistance level. Stocks in news: Hero Motocorp, Time Technoplast, Redington, Mphasis, Bank of Baroda.

The lack of any major development on our shores may have sent market participants to look more closely at the developments taking place overseas but the overseas markets are also seen lacking any decisive direction due to the absence of any major trigger.

According to the data released by AMFI the net inflows to equity have dipped below Rs. 1,000 crores for the first time in the last several years, however, large cap dedicated funds were able to garner sizable inflows in the month of November. 

Small savings schemes are something, which many financial advisors consider as an inefficient product; however, that is not the case. Let us discuss a few reasons, which attests that investing in small saving schemes is beneficial for you.

PSP Projects informed the bourses that it has secured a major work order for Civil Construction of Nestle India Plant at Sanand, Ahmedabad, Gujarat worth Rs. 99.72 crores.

Acuite Rating agency has reaffirmed the long-term rating of 'ACUITE AA-' to the Rs. 300 Cr. secured redeemable Non-convertible debenture issued by Tourism Finance Corporation of India Limited (TFCI). The outlook has been revised from 'Stable' to 'Negative'.

With rising focus on Africa, the management expects to generate topline of Rs. 500 crores in the next five years. Also, with the sole concentration on its upcoming plant, the management will look forward to replicating the Ethiopian model in the rest of Africa.

The market opened in the green on 9th December, overall volumes in futures & options currently stand at 1.40 crore contracts with a turnover of Rs. 10,03,596.87 crore.

The market opened in the green on 9th December, overall volumes in futures & options currently stand at 1.40 crore contracts with a turnover of Rs. 10,03,596.87 crore.

On Monday, BHEL announced that it had signed an MoU with Council of Scientific and Industrial Research (CSIR) for commercialization and implementation of indigenously developed technologies by CSIR.

Welspun Corp announced of being awarded contracts for supply of 179 KMT of pipes for multiple projects on a global basis. Reacting to this news, the stock was up by 2.07 per cent.

The market opened in the green on 9th December. On Friday, the Sensex fell 0.82 percent or 334 points to close at 40,445.15, while the Nifty fell 0.81 percent, the biggest fall since Nov. 08, to end at 11,921.50.

KNR Constructions informed the bourses that it has received a work order for around Rs. 165.67 crores from the Chief Engineer (M) Greater Hyderabad Municipal Corporation (GHMC), Hyderabad.

The market opened in the green on 9th December. On Friday, the Sensex fell 0.82 percent or 334 points to close at 40,445.15, while the Nifty fell 0.81 percent, the biggest fall since Nov. 08, to end at 11,921.50.

On Monday, SPML Infra announced that it has received two new orders worth Rs. 218 crores for wastewater projects in Uttar Pradesh and Haryana.

Dish TV had recently made an announcement about CARE Ratings, downgrading the company’s short-term bank facilities rating to ‘CARE D’ from ‘CARE A4+’. After the company mentioned that the default in debt repayment was due to temporary cash shortfall, which is because of peak payment commitments to suppliers, the stock jumped by 13.85 per cent.

The company’s consolidated cement production for the last month stood at 244,291 MT, reporting a decline of 23.13 per cent compared to 317,796 MT produced in November 2018.

Maharashtra Seamless gained nearly 4 per cent today, as the company announced that it has bagged an order from ONGC. It has secured this order, amounting to Rs. 500 crores, of supplying seamless casings to ONGC.

The zone of 11,700-11,800 is crucial for the index, as 50-DMA is placed in this region and the change of polarity concept comes into play around this zone as well. Meanwhile, the level of 11,980-12,040 would continue to act as a stiff resistance zone on the upside. Stocks in news: IRB Infrastructure Developers, Maruti Suzuki India, KNR Constructions, Welspun Corp, NBCC, Zensar Technologies.

Good morning and welcome to a new week! On Friday, the markets across the US and Europe saw a blistering rally on the back of strong US jobs data rally. However, the strong rally in the western world is less likely to inspire the bulls on the D-Street, as Asian peers are signaling mixed sentiments on Monday morning.

New Fund Offers (NFOs) that are open for subscription.

Considering the weekly scale, the index has formed the Dark Cloud Cover candlestick pattern. With this bearish formation, the index has managed to close below its crucial short term moving average, that is, 13-day EMA after a span of almost 36 trading sessions.

Considering the daily timeframe, the stock of ICICI Lombard General Insurance Company Limited is trading in the Ascending Triangle pattern since the last 32 trading sessions.

The stock of State Bank of India (SBI) formed a Bearish Engulfing candlestick pattern on the weekly timeframe. The Bearish Engulfing Candlestick pattern is considered to be a bearish reversal pattern and usually occurs at the top of an uptrend.

On Friday, the company released a press note, which said that it has secured an order from the Power Grid Corporation for 765kV GIS substation under Tariff Based Competitive Bidding (TBCB) route in Western India. 

The extent of fall was visible even with the two-wheeler tyre dominant market players, such as Apollo, Ceat, and Goodyear, reported an average volume degrowth of 12 per cent on YoY basis for the second quarter. 

The level of US$1,445 will be a major support for gold, as it is the level of 38.2 per Fibonacci retracement of a recent upward move (US$1,266-US$1,556.86).

The company, in its press release, said that it is going to acquire around 44 percent stake in Gati for nearly Rs. 416 crores, which marks its entry into the express logistics market. The said deal will be executed in multiple phases.

Gujarat State Petronet Limited (GSPL) has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout.

On 6th December, overall volumes in futures & options currently stand at 4.48 crore contracts with a turnover of Rs. 30,97,946.67 crore.

On 6th December, overall volumes in futures & options currently stand at 4.48 crore contracts with a turnover of Rs. 30,97,946.67 crore.

The market opened higher on 6th December, The previous day witnessed the Sensex falling  by 0.17 percent to close at 40,779.59 while the Nifty fell by by 0.21 percent to close at 12018.40.

The market opened higher on 6th December, The previous day witnessed the Sensex falling  by 0.17 percent to close at 40,779.59 while the Nifty fell by by 0.21 percent to close at 12018.40.

Welcome to the final trading sessions of the week. Yesterday’s session was a roller coaster ride for market participants on D-street, where the markets ended in the red. However, Friday morning looks like there is a change in sentiments for the markets and this change is fueled by Asian peers, which are seen advancing in early deals.

On the upside, 12,137 works as stiff resistance and, on the downside, 11,900 will act as short-term support. In any case, a fall below 11,900-11,880 will take the index towards the 11,800 levels. Stocks in news: Greaves Cotton, Yes Bank, Narayana Hrudayalaya, Sadbhav Infrastructure Projects, Tata Motors, Bank of Baroda.

Review on 1 stocks recommended in past.

Sentiment Indicators

Your Technical Portfolio Guide