Antony Waste Handling Cell (Antony), a Mumbai-based company engaged in municipal solid waste management is tapping the primary capital market with its IPO. Read on to find if you should subscribe to the issue. 

Sonata Software today informed the bourses that it has signed definitive agreements to acquire GAPbuster Limited (GBW), Melbourne-headquartered company specialising in providing solutions to enterprises for measuring customer experience.

In order to curb HIV infection, this product is to be used with other HIV medications. It helps to decrease the amount of HIV in the body so that the immune system can work better.

The shares of Strides Pharma were trading in green on Wednesday after the company announced that its step down wholly-owned subsidiary, Strides Pharma Global Private Limited (Singapore) received approval from the United States Food and Drug Administration (USFDA) for its Tetracycline Hydrochloride Capsules USP, 250 mg and 500 mg.

Indian rupee weakened against US dollar on Wednesday, tracking persistent foreign fund outflow and tepid cues from global markets as concerns over the impact of Coronavirus outbreak continued to weigh on investor sentiment.

The market opened in the green on March 4, 2020. The previous trading session witnessed the Sensex going up by 479.68 points to end at 38,623.70 and the Nifty was up by 170.55 points to close at 11,303.30.

Som Distilleries & Breweries today informed the bourses that it has entered into an agreement for the distribution of its hunter beer in Singapore. The company is optimistic on expansion of geographical reach in South East Asia via this agreement.

SBI Cards and Payment Services Private Limited (SBICPSL), which hit the primary market on Monday (March 2, 2020) to raise almost 10,351 crore has been subscribed nearly 1.77x 

HFCL announced that it has received a purchase order worth Rs 196 crore from Larsen & Toubro Ltd (L&T) for the supply of Optical Fibre Cables (OFC) for the construction of Telangana Fibre Grid by L&T.

The market opened in the green on March 4, 2020, overall volumes in futures & options currently stand at 2.03 crore contracts with a turnover of Rs. 13,98,583.16 crore.

The market opened in the green on March 4, 2020, overall volumes in futures & options currently stand at 2.03 crore contracts with a turnover of Rs. 13,98,583.16 crore.

The market opened in the green on March 4, 2020. The previous trading session witnessed the Sensex going up by 479.68 points to end at 38,623.70 and the Nifty was up by 170.55 points to close at 11,303.30.

The high and low of inside bar is likely to act as an important point of attention as sustaining above the high of inside bar i.e. 11,342, could lead the index to test open the downside gap area of February 28, which remains unfilled. While, slipping below the low of inside bar i.e. 11,152.55, could lead to the test of 11,020 level.

The major headlines is that US Fed announced a surprise rate cut of 50 basis points and it’s the first time that the Fed has cut rates by half a percentage point since late 2008. Despite this, US markets ended sharply lower and it clearly indicates that the only thing that worries the market participants is about the slowdown, which could be caused by the growing threat of Coronavirus outbreak.

Infosys, a global leader in next generation digital services and consulting, today announced a strategic long-term partnership with K+S AG, the world’s largest salt manufacturer and Europe’s biggest supplier of Potash, to support its ‘Shaping 2030 Strategy’ - by preparing an agile and flexible IT infrastructure foundation to enable their digital roadmap.

Newgen Software, a global provider of low code automation platform managing content, processes and communication, announced today that US Patent Office has issued a patent for its mark detection system and methodology (US Pat No. 10579896). The mark detection system is used to identify marks, like tick and cross marks on document images.

Zydus Cadila announced that it has received an approval from Drug Controller General of India (DCGI) in order to initiate Phase 1 clinical trials for its Investigational New Drug (IND) ZYBK2.

On Tuesday, Intense Technologies informed the bourses that it had won a large deal for digitalising mission-critical citizen services in India in partnership with a large System Integrator (SI). The project is aimed at increasing the digital adoption of critical services amongst citizens of India by making services accessible across multiple devices.

The stock market crashed, read most of the headlines last week, after the spread of the coronavirus in major countries including Iran, Italy, Japan, South Korea, and the United States. Check the confirmed cases, death and recovery cases worldwide.

The benchmark indices rebounded and closed today’s trading session with flying colours. S&P BSE Sensex jumped 479 points to close at 38,623.70 levels, up by 1.26 points while, Nifty ended at 11,303.30 levels, up by 1.53 per cent.

Bank of Maharashtra, a major public sector bank in India, informed today that they are planning to raise capital through the issuance of bonds on a private placement basis.

A complete bloodbath was witnessed in the final week of the month which dragged frontline gauges below their crucial 11,250 (Nifty) and 38,300 (Sensex) levels, as Coronavirus pandemic fear intensified. 

L&T Construction announced that its power transmission and distribution business has received a new order in India as well as overseas. Reacting to the news, the stock of Larsen & Toubro was trading in positive during Tuesday’s early morning trading session.

Information technology consulting company, Infosys Limited and International Business Machines (IBM) Corporation have collaborated for helping enterprises in boosting their digital transformation journey with the help of IBM cloud.

The market opened in the green on March 3, 2020, overall volumes in futures & options currently stand at 1.73 crore contracts with a turnover of Rs. 12,16,934.34 crore.

The market opened in the green on March 3, 2020, overall volumes in futures & options currently stand at 1.73 crore contracts with a turnover of Rs. 12,16,934.34 crore.

The market opened in the green on March 3, 2020. The previous trading session witnessed the Sensex going down by 153.27 points to end at 38,144.02 and the Nifty was down by 69 points to close at 11,132.75.

The market opened in the green on March 3, 2020. The previous trading session witnessed the Sensex going down by 153.27 points to end at 38,144.02 and the Nifty was down by 69 points to close at 11,132.75.

Newgen Software Technologies, a provider of low code automation platform managing content, processes and communication, announced after trading hours on Monday that Indian Patent Office had issued a patent for its system and method for the automatic assessment of digital documents for a period of 20 years.

Auto sales continued to be affected by the economic conditions. The heavy outbreak of Coronavirus in China and around the world has resulted into various lockdowns and disruption in trades as well. Thus, the auto sales numbers for the month of 2020 look weak with hardly any signs of recovery.

The level of 11,020 is likely to act as a support for the index as its 78.6 per cent retracement level of up move was seen from the levels of 10,637 to all-time high levels. While, on the upside, an immediate resistance is placed at 11,254 levels followed by 11,400 mark. Stocks in news: Mahindra Lifespace Developers, Newgen Software Technologies, Torrent Power, Infosys, Tech Mahindra, DB Realty.

If overnight strength at the Wall Street is any indication to go by, then Indian markets could open in green and put an end to its one of the lengthiest and steepest losing streak of seven straight sessions. Overnight, Dow and Nasdaq rallied 5 and 4.5 per cent, respectively on hopes that the Fed may consider an interim stimulus to address the problem of sinking markets.

Mobile marketing platform, Affle India Limited, on Monday, jumped as much as eight per cent after the company announced that it has signed a definitive agreement to acquire Mediasmart Mobile, Spain-based mobile technology company.

The week-ended February 28, saw one of the worst falls in the equity market, however, there are some asset classes that have generated positive returns in the same period.

NCC announced that the company had received a new order worth Rs 85 crore in the month of February, 2020.

On Monday, SPML Infra announced that it has received a large bulk order water supply project worth Rs 546.96 crore from Bangalore Water Supply and Sewerage Board (BWSSB) with the intent of supplying an additional 775 MLD of water to the city of Bengaluru.

Bharti Airtel announced to have carried out self-assessment of various license agreements entered into with the Department of Telecommunications (DoT) and also of various directions issued by the DoT from time to time with respect to Spectrum Usage Charges (SUC).

The stock of L&T Finance Holdings Limited formed a homing pigeon candlestick pattern on the daily time frame. Homing pigeon closely resembles the harami or inside day pattern, except that the both bodies are red rather than being opposite in color.

Man Industries is a leading manufacturer and exporter of large diameter Carbon Steel Line Pipes for various high pressure transmission applications for gas, crude oil, petrochemical products and potable water

Major Pan-African telecommunications service provider, SEACOM and Tata Communications, a leading global digital infrastructure provider, have joined forces to offer high-speed, reliable pathways between Africa, Europe and Asia to meet the growing demand for connectivity linking these regions.

Considering the daily time frame, the stock of Bajaj Finserv Limited is trading in a broadening formation, right-angled and ascending pattern since the last 75 trading sessions. The broadening formation, right-angled and ascending pattern is rare and is considered to be a bearish reversal pattern.

Nevertheless, positive opening in domestic equities and weakening of American dollar in the overseas market restricted the downfall to some extent.

The market opened in the green on March 2, 2020, overall volumes in futures & options currently stand at 1.41 crore contracts with a turnover of Rs. 10,04,044.60 crore.

National Thermal Power Corporation (NTPC) said that the company’s Darlipali Super Thermal Power Station Stage-1 (2 x 800 MW) in Sundargarh district of Odisha has commenced its commercial operation with effect from March 1, 2020.

The market opened in the green on March 2, 2020, overall volumes in futures & options currently stand at 1.41 crore contracts with a turnover of Rs. 10,04,044.60 crore.

The market opened in the green on March 2, 2020. The previous trading session witnessed the Sensex going down by 1,448.37 points to end at 38,297.29 and the Nifty was down by 431.55 points to close at 11,201.75.

The market opened in the green on March 2, 2020. The previous trading session witnessed the Sensex going down by 1,448.37 points to end at 38,297.29 and the Nifty was down by 431.55 points to close at 11,201.75.

Reliance Industries Limited (RIL) announced that the company has acquired 37.7 per cent stake in Mumbai-based textile manufacturing company-Alok Industries for Rs 250 crore.  

The region of 11,020-11,090 is likely to act as a support for the index as its 78.6 per cent retracement level of the rise is similar to what was seen in August 2019. On the upside, Friday’s gap area is likely to act as a stiff resistance. Stocks in news: Reliance Industries, NTPC, Career Point, Bharti Airtel, Dr Reddy’s Laboratories, Affle India, Coal India.

Last week, Indian markets became a victim to Coronavirus outbreak across the world. Nifty declined 7.3 per cent during the week and it was the highest weekly decline since the global financial crisis. However, with the start of a new month, there seems to be a little respite in sight for the markets as SGX Nifty is reflecting a gap-up start of almost one per cent.

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

Tata Consultancy Services (TCS) has been positioned as a leader in the Everest Group PEAK Matrix@ for Property and Casualty (P&C) Insurance Application and Digital Services.

On Friday, the stock has given a neckline breakdown of the double top pattern. This breakdown was confirmed by the above 50-day average volumes. With the pattern breakdown, the stock had formed a reversal bearish engulfing candlestick pattern on the weekly time frame.

The price bids for the project were opened on February 13, 2020 and PNC’s bid was the lowest (L1). Further, the construction of this project is to be completed within 30 months.

On Friday, Dr Reddy Laboratories informed the bourses that the audit for its manufacturing plant at Bachupally (Telangana) was completed by the United States Food and Drug Administration (USFDA). The health regulator issued a Form 483 with two observations to the company.

SBI Cards and Payment Services (SBIC) a subsidiary of SBI, engaged in credit card services, is entering the capital market with its Initial Public Offer (IPO) of equity shares of Rs 10 each.  Read on to find if you should subscribe to the issue.

The stock of Adani Enterprises Limited forms evening doji star candlestick pattern on the weekly time frame. The evening doji star is a reversal candlestick pattern which is bearish in nature and appears at the end of an uptrend.

Coromandel International Limited has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout.

TVS Motor Company, a manufacturer of two-wheelers, three-wheelers and CADISA one of the largest business groups across Guatemala and El Salvador, today announced the inauguration of their flagship showroom in El Salvador. In-line with the global standards of TVS Motor Company, this flagship showroom will be a distinctive store in Central America.

Equity market witnessed a bloodbath on D-street and Sensex crashed more than 1,448 points by the end of the trading session as the domestic markets suffered huge losses with the equity benchmark indices hitting their lowest levels recorded since mid-October.

With SEBI’s move on mutual funds and PMS, is personal finance industry becoming advisory in nature? In this article, we will try to figure it out.

Before going to these stocks, we must remember that Indian equity markets, in the sharp fall, have eroded more than Rs 6 lakh crore market caps in the time frame of just one week, showing the depth of the fallen sentiment.

Vodafone Idea has demanded to fix minimum tariffs for mobile data at Rs 35 per GB, around 7-8 times of the current price and for calls at 6 paise per minute along with monthly charge

India Ratings and Research (Ind-Ra) in its latest report has revised its outlook of the steel sector to negative from stable-to-negative for FY21E, amid modest steel demand growth expectations of five per cent and margin pressures led by iron ore price risks.

Godrej Properties Limited has informed the bourses that it has entered into an agreement to purchase land in the upcoming and fast developing micro-market of Chandivali, Mumbai.

Pidilite Industries Limited has entered into a definitive agreement with Tenax SPA (Tenax Italy) for acquiring 70 per cent of the share capital of Tenax India Stone Products Pvt Ltd (Tenax India) for cash consideration of approx. Rs 80 crore (depending upon actual working capital and cash at the time of closing).

Late after the trading hours on Thursday, Hindustan Petroleum Corporation Limited (HPCL) informed the bourses that it had entered into a share purchase agreement with eight nationalised banks for the acquisition of 17.28 per cent shares of Petronet MHB Limited, an associate unlisted company of HPCL. 

The market opened in the red on February 28, 2020, overall volumes in futures & options currently stand at 5.04 crore contracts with a turnover of Rs. 34,32,312.68 crore.

The market opened in the red on February 28, 2020, overall volumes in futures & options currently stand at 5.04 crore contracts with a turnover of Rs. 34,32,312.68 crore.

India’s third-largest hotel chain, Lemon Tree Hotels Limited, through its management subsidiary-Carnation Hotels Pvt Ltd, announced on February 27, 2020, that they have inaugurated their first Lemon Tree Hotel in Bhutan, which becomes the second international hotel after Dubai.

The market opened in the red on February 28, 2020. The previous trading session witnessed the Sensex going down by 143.30 points to end at 39,745.66 and the Nifty was down by 45.20 points to close at 11,633.30.

The market opened in the red on February 28, 2020. The previous trading session witnessed the Sensex going down by 143.30 points to end at 39,745.66 and the Nifty was down by 45.20 points to close at 11,633.30.

It was a virtual carnage across the global markets as they remained rocked by the intensified concern regarding the spreading of Coronavirus. On the Wall Street, Dow plunged 1,100 points on Thursday with even the tech-heavy Nasdaq not being spread. Indian markets are likely to remain under pressure and markets fear a ‘Black Friday’. Hence, we would advise traders to stay as light as possible since the weekend is likely to be wild with all the news flows.

Near term support is at 11,500-level. A move below 11,500 is likely to continue the negative trend whereas, a move above 200-DMA will result into a range-bound of positive movement.

FY19-20 is about to end in just one month and I’m sure you might be planning to buy insurance for the purpose of tax saving. So hereby, presenting you a life insurance buying guide for the year 2020.

WHAT LIES AHEAD : NEAR-TERM PICTURE 

TUBE INVESTMENTS OF INDIA LTD 

The shares of the pharmaceutical company, Lasa Supergenerics Limited jumped today to hit a fresh 52-week high after the company announced recently that it has acquired Harishree Aromatics & Chemicals Private Limited.  

1 stock recommendation based on Street Talk (with 7 days horizon).

Till last week, Indian markets seemed somewhat immune to the virus news as dips were being relished and bought into the markets.

Glenmark Pharmaceuticals Ltd, a pharmaceutical company, today announced that its subsidiary, Glenmark Specialty SA has entered into an exclusive licensing agreement with Hikma Pharmaceuticals PLC for commercialising its novel nasal spray Ryaltris™ in United States of America.

National Company Law Tribunal (NCLT) Chandigarh Bench approved the merger of GlaxoSmithKline Consumer Healthcare Limited (GSKCH) into Hindustan Unilever Limited (HUL) which previously NCLT of Mumbai Bench had approved as per its order dated September 24, 2019.

US Food and Drug Administration (USFDA) conducted a post-approval and GMP inspection at Biocon’s facility located in Bengaluru.

Container Corporation of India Limited (CONCOR) and joint stock company-Russian Railways Logistics has executed a Memorandum of Understanding (MoU) for co-operation and collaboration in promoting intermodal transportation of cargo over International North-South Transport Corridor (INSTC).

L&T Limited’s construction arm has secured orders from prestigious clients for its varied businesses in India and abroad. The estimated value of these projects is Rs 1,000-2,500 crore.

Alphageo (India) Limited bagged order from Vedanta Limited for 2D and 3D Seismic Data Acquisition Services in Assam for an estimated contract value of Rs 184 crore (inclusive of taxes).

Shoppers Stop Shuts Two Stores Shoppers Stop has informed the bourses today that it has closed

Our analysis of January 2020 portfolio of equity dedicated mutual fund shows there is not much merit in expanding the definition of market cap for mutual fund investment.

It is always interesting to know the top wealth creators in any given period as it helps us ascertain the underlying trend of the market. Yogesh Supekar and Karan Bhojwani underlines the stocks that have created maximum wealth in 2019 while market experts comment on the market outlook going ahead. Also, the DSIJ Reasearch Team shares a list of

The recommendations provided in this column are taken from various market sources such as brokers, analysts, dealers and investment strategists, etc. These recommendations may not be backed by strong fundamentals. Therefore we advise readers to use their own discretion before investing in these recommendation.

Databank of top-ranked equity fund

In this edition, we have reviewed Shoppers Stop and National Aluminium Company Limited (NALCO).
We suggest our reader-investors to HOLD in Shoppers Stop and National Aluminium Company Limited (NALCO)

Readers are requested to send only one query at a time so that more readers get a chance. Have questions relating to any aspect of personal finance. Ask DSIJ at editorial@DSIJ.in and get your queries resolved. 

This is our mutual fund recommendation. Every fortnight , we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same. 
 

A lot was expected by mutual fund investors from Union Budget 2020. However, it turned out to be a disappointing one for them. To begin with

Post the abolition of the Dividend Distribution Tax as announced in the Union Budget 2020, the possibility of funds with PSU themes performing well and rewarding investors has become better. Our study points out how this will happen
 

Indian rupee strengthened against US dollar on Thursday amid easing crude oil prices. Weak domestic equities capped some upward sentiment in rupee as investors continued to remain concerned about the spreading of novel Coronavirus outside China.