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.

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Many people are fond of investing via New Fund Offer (NFO). Let's see how those NFOs have fared in the last one year?

The way for the first ever corporate bond ETF is clear as the union cabinet gave the approval. Edelweiss Asset Management Company would be launching this ETF under the name "Bharat Bond ETF". So, what is it all about. Let's find out.

Data Bank

Identifying multibagger stocks is an adventurous exercise and not everybody’s cup of tea. An investor who is able to identify specific characteristics of a multibagger stock and has strong conviction about the stock has a good chance to generate astronomical returns on investments. Yogesh Supekar finds out which sectors generated maximum multibaggers in the past decade and more while Vinayak Gangule presents the checklist for identifying multibaggers.

Databank of top-ranked equity funds based on DSIJ's proprietary research methodology.

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.

MF Select- 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. 

The market opened higher on 5th December, The previous day witnessed the Sensex going up by 0.43 percent to close at 40,750.29 while Nifty going up by 0.41 percent to close at 12043.20.

In today’s RBI monetary policy, all the members of the Monetary Policy Committee unanimously voted for the status quo on repo rate and maintained an accommodative stance. 

In this growing world of transparency, active fund managers will have to find new skills for alpha generation and the job would get tougher. This has been a worldwide phenomenon and I don’t see India to be any different

The market opened higher on 5th December, The previous day witnessed the Sensex going up by 0.43 percent to close at 40,750.29 while Nifty going up by 0.41 percent to close at 12043.20.

In investments, getting more rights than wrong while making investment decision, is what that makes you a better and successful investor. You can increase your chances of making right investment decision if you follow the following simple principle of investing in equity mutual funds.

The Government-owned finance company, Housing and Urban Development Corporation (HUDCO), informed the bourses that it reported a repayment default from two borrowing agencies.

On 5th December, overall volumes in futures & options currently stand at 2.55 crore contracts with a turnover of Rs. 18,09,044.99 crore.

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 

Reviews

QueryBoard

It is heartening to see an increasing number of investors following a disciplined investment approach and planning investments to achieve their financial goals over determined time horizons.

‘Old habits die hard’. This saying is often used by us in our daily lives and in many circumstances. It only means that it is hard to stop doing things that one has been doing for a long time.

Market regulator Securities Exchange Board of India defined large cap, mid cap and small cap companies for equity mutual fund schemes on October 6, 2017 in order to have uniformity in the investment objective of mutual funds and eventually help in better comparision of schemes.

Raymond Limited is a Indian diversified group with interests in lifestyle, textile and branded apparels and considered as one of the most trusted brands in India . The company is engaged in wool/wool blended and shirting fabric business in national and international markets. It also has strong presence in segments like real estate, fast moving consumer goods and engineering. 

The GDP data and the other economic data points spoiled the decent breakout in the Nifty.

On 5th December, overall volumes in futures & options currently stand at 2.55 crore contracts with a turnover of Rs. 18,09,044.99 crore.

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 price below Rs 100 with sound fundamentals and expected to give handsome returns over a one-year time horizon.

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. 

While mutual fund score over government schemes in long term returns, latter cannot be completely ignored.

I am a regular reader of your magazine and found the cover story of the last issue, dated November 25th, very interesting. It not just explained four financial needs, but also taught about how to achieve them. Looking forward to read such insightful stories in upcoming issues as well.

India remains a country of savers and it ranks the highest savers nation in the world. At the same time, it is also a country of bad investors, and hence the wealth they generally deserve, eludes them.

Broader markets underperformed the key benchmark indices however managed to stay in green with Mid cap index gaining 0.88 per cent and small-cap index inching up by 1.09 per cent.

In the past 2 months, the Foreign Institutional Investors (FIIs) have pumped in about Rs.37,599 crore into India’s equity market. This is about 41 per cent of the entire amount invested by FIIs since January 2019.

All eyes would remain on it to see if it can defend its 20-DMA. If it holds and moves above the 12,100 mark, we could see 12,240-12,300 levels in the short term or, else, a consolidation between 11,800-12,050 levels could be seen. Stocks in news: HUDCO, Vedanta, HDFC AMC, Reliance, Karnataka Bank, Wipro, SBI, Bharti Airtel.

Despite the positive global cues, the SGX Nifty is indicating a soft start for the domestic benchmark indices. This start could be attributed to the nervousness of market participants ahead of the key announcement on rate cuts by RBI, due later in the day.

A few months ago, the financial media was flooded with the ‘inverted yield curve’, which is considered to be a precursor to a contraction in the economic activity. Now, a diametrically opposite phenomenon is occurring and we see that the yield curve is steepening. What does it mean for investors.

Oscillating between positive and negative terrain, key equity benchmarks witnessed a relief rally in the last hour of trade, which helped in closing the session near intraday high levels on Wednesday. Markets rebounded from previous day fall, with the Sensex and the Nifty, closing at 40,850.29 and 12,037.30 levels, respectively.

Ultra-short duration funds are suitable for such investments, which are to be made for a few weeks only. So, what are the things that one should look for before investing in them? Let’s find out.

The Dubai based subsidiary of Ramco Systems, Ramco Systems FZ-LLC, secured a five-year order from one of the largest independent family-owned multinational in the Middle East for implementation of Ramco Logistic ERP. 

The commercial vehicle segment also further registered a decline in sales figures according to latest published data by these companies. The industry major Ashok Leyland reported a 25 per cent decline in sales for November 2019 compared to the same month last year. 

The construction arm of L&T Limited has secured orders from prestigious clients across various Indian states for its varied businesses. The order values are between Rs. 1,000 crores and 2,500 crores.

The market opened lower on December 4, The previous day witnessed the Sensex going down by 0.3 percent to close at 40,675.45 while Nifty fell 0.45 percent to close below 12000.