Ahluwalia Contracts informed the bourses that it has secured orders worth Rs. 521.71 crores. The stock of Ahluwalia Contracts was trading flat, it opened at Rs. 304.5 and settled for the day at Rs. 303 per share.

Ahluwalia Contracts informed the bourses that it has secured orders worth Rs. 521.71 crores. In today’s trading session, the stock of Ahluwalia Contracts was trading flat. The stock opened at Rs. 304.5 and settled for the day at Rs. 303 per share.

The BSE Sensex ended at 40,129.05, up by 77.18 points or 0.19%, after hitting all time high of 40,392.22. The broader indices ended in green as the BSE Mid cap index rose 1.08% while Small cap index was up by 0.93%.

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The shares of the bank had plunged as much as 70 per cent from their highs due to multiple issues regarding stressed assets and bad loans. The bank had loan advances to weak firms, such as Jet Airways and Reliance communications. 

Quess Corp Limited has reported its results for the quarter ending September 30, 2019. The consolidated revenue for the quarter is come at Rs. 2650.25 crore as against Rs. 2091.71 crore in the corresponding quarter last year, registering a 26.7 per cent yoy increase.

On Wednesday, ICICI Lombard announced a bancassurance tie-up with Karur Vysya Bank. The association will provide the bank’s customers an access to their insurer’s portfolio and make insurance more accessible to its customers across India.

TVS Motor company announced their partnership with Cadisa Group for Guatemala and EI Salvador on Wednesday.

Shares of Akme Star gained around 18 per cent intraday on Thursday as the company announced that Arkfin Investments invested ~USD 2 Million or 15.5 Crores in Akme Star Housing finance. 

The company has already started the commercial production at its subsidiary plant and expect a gradual ramp up in the near future. It is also expecting an environmental clearance for its 90-acre Greenfield project in November 2019.

The Indian equity markets were poised to break into a new record territory post the strong global cues and supportive domestic developments during early trade on Thursday. Index was topped by Infosys, SBI and Tata Motors which traded higher by 4.33 per cent, 4.29 per cent and 3.40 per cent intra-day.

Intellect Design Arena announced that it would offer its Digital Core solution, IDC 19.1, to the UK-based The Commonwealth Trade Bank.

Welcome to last trading session of the October month! It also happens to be the last trading session of the October F&O series. This month has been a favourable month for the bulls as Nifty has logged gains of approximately 3 per cent with improved market breadth. The bulls would like to end the month on a high note and extend their lead.

The low of the prior bar, that is 11,784, would now act as an immediate support level, followed by 11,720 levels. While on the upside, the immediate resistance would be seen around 11,880 levels. Stocks in news: Reliance Industries, Vodafone Idea, ICICI Lombard General Insurance Company, TVS Motor, Intellect Design Arena, CreditAccess Grameen, HDFC, Arrow Greentech, Bharti Airtel.

The survey aims to collect and assess qualitative assessments of the business climate by companies in India's manufacturing sector for Q2FY20 and their expectations for the current quarter. 

Indian equity benchmarks gained over half a per cent on Wednesday, on the back of better-than-expected corporate earnings from some frontline companies. This was the second consecutive day of rise for the domestic markets, crossing the crucial 40,000 (Sensex) and 11,850 (Nifty) level.

Ramco Cements has reported results for second quarter ended September 30, 2019. The shares of the company gained over 6 per cent intraday on Wednesday owing to result announcement.

The stock of United Bank of India hit its upper circuit of 20 per cent before closing for trading at Rs. 8.9 per share on Wednesday. The surge in the stock price was due to improved financial results announced by the bank for Q2FY20.

RBI has imposed a penalty of Rs. 1 crore on Bandhan Bank due to failure to bring down the shareholding of Bandhan Financial Holding to 40 percent of its paid-up voting capital within three years from commencement of the business of the bank.

The Kochin Metro Rail project is aimed at providing inland water transport using electric or hybrid technology. Total requirement of KMRL stands at around 78 high quality boats of international standards.

The stock price took a beating after company's second quarter results. It reported net loss of Rs. 1061.99 crore for the quarter as compared to loss of Rs. 651.55 crore for same quarter of last fiscal year. 

The strong positive bias, which the Indian markets are currently trading with, is not likely to subside anytime soon. In early action, the SGX Nifty is trading higher by 3 points at 11,809 levels. There is not much on the global front to drive the markets today as global cues are mixed, hence, the earning season will continue to drive the sentiment on the D-Street. 

Overall, the bulls are in the driver seat and, we believe, there is still some steam left on the upside until the music stops and actually breaks the key support. We would advise traders not to argue against what the market is telling you through the price action. Stocks in news: Central Bank of India, Bandhan Bank, Lemon Tree, InterGlobe Aviation, Wipro and PVR.

Alembic Pharmaceuticals has reported results for second quarter ended September 30, 2019. The shares of the company gained around 2 per cent intraday on the back of the result announcement.

Most of the studies shows that you can withdraw 4 to 6 per cent of the retirement portfolio value per year, which stand a good chance of not exhausting your entire retirement corpus. Read on to know how true it is.

The BSE Sensex ended at 39831.84, up by 581.64 points or 1.48%. The broader indices ended in green; the BSE Mid cap index gained 1.13%, while Small cap index was up by 0.57%.

Indian equity markets were trading around their intraday high points in the afternoon trading session, with Sensex and Nifty gaining around 627 and 173 points, respectively.

Welcome back to D-Street. I hope you enjoyed the long Diwali weekend splendidly. In early action, SGX Nifty indicates markets to open on a flat to positive note on the back of the rally seen on Wall Street overnight after the White House hinted that the phase one of the trade deal with China Could be signed the next month. 

As there is more good than bad on the charts at the current juncture, with the index still trending above the daily 8EMA and holding above its 38 per cent retracement of the up move. This makes us believe that the area of 11,700-11,720, which is a crucial resistance, should be on test soon. Stocks in news: Mahindra & Mahindra, GVK Power & Infrastructure, Vodafone Idea, Dr Reddy’s Laboratories and Reliance Industries.

Dilip Buildcon Limited has been declared L-1 bidder by the U.P Expressways Industrial Development Authority in the state of Uttar Pradesh.

Piramal Enterprises announced that its Board has approved fresh capital raise of Rs. 5,400 crores through a Rights Issue and preferential allotment of Compulsory Convertible Debentures (CCDs).

The stated approval for Mysore-Bellary Highway is the eighth such approval among 9 the contracts between Indinfravit and Sadbhav infra projects. 

The Aeroflex Industries in engaged in manufacturing of Stainless steel flexible hoses. It is the first company in South East Asia to manufacture 14 inch stainless steel hoses. 

Dixon Technologies and Samsung India Electronics, entered into an agreement for manufacturing Mobile Phones. Dixon will be manufacturing feature phones for Samsung from its new manufacturing facility located at Noida, Uttar Pradesh.

If the index moves above the recent swing high of 16,874 or breaks above the sloping resistance line of falling wedge pattern, then it will give a confidence to the bulls. Until then, we can consider the current upswing to only be an attempt to overcome the oversold condition.

So far the worst hit stocks in the market from 2018 have been small caps and mid caps. Some recovery was seen during the period March to May 2019 but yet again a massive correction was seen till September 2019.

Bharti Infratel has informed the bourses that its board of directors have extended the deadline of its merger with Indus Towers by 60 days to December 24. The board has accepted the recommendation of extension provided by committee of directors.

Shilpa Medicare has received Establishment Inspection Report (EIR) from US Food and Drug Administration (USFDA) on 24^th October 2019, for the Finished Dosage Formulation Facility.

Today is the last trading session of the Samvat 2075 and market participants would wish to bid adieu to it on a high note. However, all hopes to end this year with an explosive trading session seem quashed with the likely cautious opening of the market this morning, thanks to India’s growth being slashed by Fitch to 5.5 per cent for the current fiscal.

The zone of 11,500-11,550 level is a crucial support area and the level of 11,700-11,720 is a resistance zone. A sustainable move on either side would lead to a trending move. Stocks in news: Tata Steel, Power Grid, Chalet Hotels, Vodafone Idea.

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Cadila Healthcare Limited's wholly owned subsidiary Liva Pharmaceuticals Ltd. has received USFDA approval for Haloperidol Decanoate Injection.

The following stocks would be in focus during Friday’s trading session in light of their results announcement: Jubilant Life Sciences , State Bank of India, Tata Motors, V2 Retail and HeidelbergCement India.

Key indices made optimistic start, as investors took some encouragement after India jumped 14 places to the 63rd position on the World Bank's ease of doing business ranking, riding high on the government's flagship Make in India scheme and other reforms attracting foreign investment.

Data Bank and Dividend.

The commodity markets in India have always been vibrant and thriving with innovations. Geyatee Deshpande explores what is in store for commodity markets in India with the advent of commodity options, and mutual funds being allowed to participate in commodity derivatives.  

Alembic Pharmaceuticals announced that its joint venture named Aleor Dermaceuticals received approval for Desonide Ointment, 0.05 per cent from USFDA.

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

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Low free float stocks have always been of great interest to investors. The majority, however, is not sure if these free float stocks deliver consistently across market cycles. Shohini Nath explores the performance of low float stocks, not before defining them accurately and sharing the pros and cons of investing in low free float or low volume stocks. Read on as you may find some interesting facts on undiscovered and illiquid stocks:

Bharat Sanchar Nigam Limited (BSNL) sees this as a very important step from the government. According to the latest published financial numbers by the company, its net loss stood Rs. 8000 crore in fiscal 2018 while MTNL, for FY19, reported net loss of Rs. 3390 crore.

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.

Diwali is the festival that brings light and prosperity, hope and joy to everyone’s life. Diwali is also a time to overcome shortcomings and biases in the investment process and initiate rectification process to brighten one’s financial future.

With the global economy slowing down and the Indian economy struggling to grow at its potential, the journey for equity investors looks uncertain. Yogesh Supekar explains why, in spite of the struggle on economy front, Sensex can inch higher by next Diwali. Also included top Diwali picks for 2020 recommended by the DSIJ research team. Read on…

Aurobindo Pharma has informed the exchanges on receiving final approval from the US Food & Drug Administration (USFDA) for Guaifenesin tablets.

Siemens India is a flagship company of Siemens AG (Germany). It is an integrated technology provider and one of the leading powerhouses in electronics and electrical engineering across the country.

A revival in the domestic investment cycle is very likely, which could result in earnings upgrade and re-rating of companies that pay full tax rate.

Most of the people depend on EPF balances, NPS balances, annuities, etc. to ride through retirement. However, ignoring the risks that are involved in retirement can create a problem. So, what are those risks? Let’s find out.

All of us want to be wealthy but not everybody is interested in taking risk by investing in stocks. For such people, equities and equity-dedicated instruments, such as mutual funds, are much safer a bet. However, there are only a few, who could successfully create wealth for them through these instruments, despite equity being considered as one of the best asset classes to create wealth

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 resolve.

Star ratings are profoundly used while making decisions regarding mutual funds investments. These ratings are based on past performance of the funds and certainly do not reveal anything about the future. DSIJ clears the air around investing in mutual funds, based solely on star ratings.

NIFTY Index Chart Analysis

The Samvat 2076 mood of the Indian stock market

Profit after tax in Q2FY20 more than doubled to Rs. 193.8 crore from Rs. 89.5 crore in Q2FY19. Further, the company recorded 222 bps and 778 bps improvement in ROCE and ROE to 26.3 per cent and 22 per cent for Q2FY20 respectively.

Investment Strategies

The scrips in this column have been recommended with a 15-day investment horizon in mind and carry high risk. Therefore, investors are advised to take into account their risk appetite before investing, as fundamentals may or may not back the recommendations.

This section gives a recommendation of a stock having stock margin padding price below Rs 100 with sound fundamentals and expected to give handsome returns over a one-year time horizon

Most of us would not buy a new mobile phone just because it looked great from the outside. Before zeroing on a mobile to buy, we would first do a thorough walkthrough of the product. We would look for its battery life, check for its camera quality,

This column gives you scrip chosen by the research team during the fortnight that is fundamentally strong and expected to give good capital appreciation over a time period of 1 year

Nifty and Sensex have been busy responding to the financial results announced by companies for the quarter ended September 30, 2019. With the festive season at the doorstep, the demand for commodities is expected to pick-up.

Your previous cover story on beaten down stocks really made me reconsider my choices of stocks to add to my portfolio.

By the time you would be reading this editorial, the festive spirit would have gripped the entire nation, with people uniting to celebrate the mega Hindu festival, Deepavali.

Dr Reddy's Laboratories on Wednesday said that it has voluntarily recalled all its Ranitidine medicines from US market due to contamination with probable cancer causing N-Nitrosodimethylamine (NDMA).

In the early act, SGX Nifty can be seen marching higher, with global cues being supportive this morning. Further, bulls will take a sigh of relief from the fact that the IMF sees the Indian economic growth, rebounding to around 7 per cent in the next financial year. However, as the day progresses, all eyes will be on the results of the Assembly election, recently held in Haryana and Maharashtra.

The level of 11,550 is immediate support for the Nifty and a sustainable move below this can create opportunities for further corrections towards 11,450 level. Meanwhile, the level of 11,700-11,715 poses stiff resistance for Nifty on the upside. Stocks in news: GMR Infrastructure, Yes Bank, HCL Technologies, PVR, Hindustan Aeronautics, DHFL.

Lupin Limited received approval for its Divalproex Sodium Extended-Release (ER) Tablets USP, 250 mg and 500 mg, from the United States Food and Drug Administration (U.S. FDA), to market a generic equivalent of Depakote Extended-Release Tablets, 250 mg and 500 mg, of AbbVie Inc.

The proposed investment involves a subscription (acquisition) of the equity shares of KPPL, in which the company presently holds 97.89 per cent shares. 

Larsen and Toubro Hydrocarbon Engineering Limited (LTHE) on Wednesday, has been awarded a mega EPCC project by Hindustan Petroleum Corporation Limited (HPCL). LTHE is a wholly owned subsidiary of Larsen and Toubro.

The BSE Sensex ended at 39058.83, up by 94.99 points or 0.24%. The broader indices ended mixed; the BSE Mid cap index fell 0.18%, while Small cap index was up by 0.24%.

Jubilant Life Sciences’ material wholly owned subsidiary Jubilant Pharma through one of its wholly owned subsidiaries has received Abbreviated New Drug Application (ANDA) final approval

The shares of Bank of Maharashtra gained almost 7 per cent intraday after announcing their September end quarterly result of the current fiscal year.

EMI is something some people think of casually, while some consider it as a ticking bomb. However, what if you only need to pay the principal amount in installments? Read on to find out more on whether to opt for no cost EMIs or not.

In the second quarter of FY20, Syngene reported 11 per cent growth in the  total income to Rs. 485.2 crore from Rs. 436.8 crore in corresponding quarter a year ago

Muthoot Finance Ltd, has successfully priced a USD 450 Million Fixed Rate Senior Secured issuance in 144A / Reg S format for a 3 year tenor at 6.125 per cent.

The last trading session saw key benchmark indices snapping their six-day winning streak. The bears found some space to comeback among the rampaging bulls; however, their success seems to be limited in scope. The early indications from SGX Nifty suggest the index to open flat to positive, as it is trading at 11,618.50 levels.

The level of 11,475 is likely to act as an important support going forward. Sustaining above the level of 11,700 would open doors for an upmove towards levels of 11,780. Stocks in news: Lupin, PEL, Bajaj Finserv, Linde India, Subros, Jubilant LifeSciences.

The share price of  Infosys is down by 15% in today’s trade, due to corporate governance issue. Read on to find how it is going to impact NAVs of mutual fund holding shaers of Infosys.

The stock of Shriram Transport Finance Co. Ltd (SRTRANSFIN) has formed a Three White Soldiers pattern on the daily time frame. Three White Soldiers is a bullish candlestick pattern that is used to predict the reversal of the current downtrend in a pricing chart.