India’s leading AC manufacturer, Voltas Limited announced that it has entered into a partnership with Energy Efficient Services Limited (EESL) for production of energy efficient air conditioners.

We all have various financial goals and we try to achieve all of them. So, can large and mid-cap funds help you to achieve your goal of buying a dream car?

Glenmark Pharmaceuticals Inc. has received final approval from United States Food & Drug Administration (USFDA) for Ranolazine Extended-Release Tablets, 500 mg and 1,000 mg.

Mutual fund schemes are generally analysed from its historical price and returns, however they can and should be fundamentally analysed to make appropriate investment decesion. 

The Titan Industries presented its business update for the first quarter of FY20. The company is experiencing the pressure of consumption slowdown and higher gold prices are also adding to the pain. The company’s growth was lower than what was projected.

Overall volumes in futures & options currently stand at 1,61,47,776 contracts with a turnover of Rs.11,60,082.76 crore.

Overall volumes in futures & options currently stand at 1,61,47,776 contracts with a turnover of Rs.11,60,082.76 crore.

The zone of 11,426-11,500 is a crucial support zone as it is the confluence of the gap area support and the 100-DMA. On the hourly time frame, the RSI has entered into an oversold territory; hence, a relief rally would be seen resisted around the levels of 11,620 and 11,650. Stocks in news: Hero MotoCorp, HCL Technologies, Vikas WSP, NHPC, TCS, Voltas.

After a fierce sell-off in the last trading session, Indian markets are likely to extend their downmove at the opening bell following weak cues from the global markets.

Investor's in today's trade has lost around Rs 3 lakh crore. Read on to find the reasons and top gainers and losers.

BASF has entered into a business transfer agreement with Archroma India. The shares of the company closed on a negative note, losing 3 per cent at Rs. 1246.

Reliance Industries Ltd (RIL) has joined hands with Turkey's textile behemoth, Kıvanç Tekstil, to manufacture and market R|Elan GreenGold, a sustainable and innovative fabric 2.0, for leading apparel brands and consumers across the world. 

As the Sensex fell by 793 points and Nifty settled below the 11,600 level, the stocks to watch out on July 9 include Voltas, BASF India, Eris Lifesciences, Reliance Industries, Mindtree and Punjab National Bank.

Although the account was already NPA in its books, the bank has so far only made provisions amounting to Rs.1932.47 crore, which is nearly half of the amount of the NPA.

The downward revision was triggered by the lower-than-expected cash accruals, leading to low coverage and return indicators and slower than expected deleveraging at the consolidated level, which has led to weakening of the company’s overall financial and liquidity profile.

In the afternoon, all the sectoral indices were trading in the negative territory while the Sensex was down 1.9 per cent and Nifty 50 was down 2.32 per cent. On the back of sustained selling by market-participants, the markets are continuing their negative momentum as the equity markets were trading at the day’s low points in the afternoon session.

Biocon has been issued 12 observations by the USFDA for its assembly facilities in Malaysia. Despite the news, the stock price of the company increased by 1.5 per cent.

Following stocks are close to their 52-weeks low as at 12:47 p.m. on July 08, 2019.

The markets on July 08, 2019 opened gap down. BSE Sensex is trading at 38,888.00, down by 625.39 points and the Nifty is trading at 11,617.45, down by 193.70 points. 

Orphan Drug Designation will grant seven years of US market exclusivity upon approval of SCO-088 for the treatment of patients with CML. Incentives include waiver of user fee by USFDA and assistance in clinical trial design by USFDA.

Overall volumes in futures & options currently stand at 1,43,24,430 contracts with a turnover of Rs.10,46,886.87 crore.

Overall volumes in futures & options currently stand at 1,43,24,430 contracts with a turnover of Rs.10,46,886.87 crore.

It would be interesting to see whether or not bulls manage to hold on to the budget session low of (11,798). If they manage to hold above this level, the pullback options would remain open towards the levels of 11,880-11,940. However, failure to hold the support level of 11,798 would result in a prolonged correction towards the next important support level of 11,726, which is 50-DMA. Stocks in news: India Grid Trust, PNB Housing, PNB, Indian Hume Pipe, JSW Energy, Zuari Agro Chemicals, Yes Bank, Quick Heal Technologies, Tata Power, JSW Steel, Maruti Suzuki.

The global markets are trading in the negative terrain and the SGX Nifty is indicating a soft opening at 11,772, a mark down by 45 points.

Jamna Auto Industries Ltd. (JAI) is a manufacturer of auto suspension products such as parabolic/tapered leaf spring, lift axle and air suspension. It operates in the OEM and CV segment.

The stock of Oberoi Realty Limited has formed a bearish engulfing candle on the daily time frame.

The stock of Ashok Leyland Limited has formed a Three Inside Down candlestick pattern on daily scale.

Time Technoplast Ltd was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout.

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

The stock to watch out on July 8 include Mangalore Refinery and Petrochemicals, PC Jeweller, ONGC, Oberoi Realty and Canara Bank.

Indian equity benchmarks ended lower after the Finance Minister’s Nirmala Sitharaman presented the budget for FY19-20. Markets ended with marginal losses on a weekly basis.

Raising the minimum public shareholding in the listed companies would entail raising Rs. 4 lakh crore from the market at current valuation. Read on to find more.

The stock of Avenue Supermarts Limited, the operator of big-box retail chain D-Mart, formed Three Outside Down candlestick pattern on the daily time frame.

The stock had formed bearish engulfing candle on the daily scale after touching the upper trendline of the downward sloping channel, which indicates bears are taking control near the short term resistance.

Finance Minister Nirmala Sitharaman focused on reducing import bill by improving agricultural output in the future and doubling the income of farmers in her budgetary announcement.

Exchange Traded Fund (ETF) is similar to mutual funds in many respects, but they are not available with the tax benefits of ELSS. However, according to Budget 2019, CPSE ETF will be launched in ELSS variant. Read on to find out more.

The Hyderabad-based cement company, Sagar Cements published its June months production figures, on Friday. The standalone cement production grew by 11 per cent YoY.

Out of major factors to look for in the budget, the fiscal deficit is something that economist are keen to understand.

To err is human. We all make mistakes and more so as an investor.  What we can do is minimise their size and number and to learn from these mistakes and do not repeat those avoidable mistakes,

All of us earn to spend, but there are certain spending habits which can probably ruin your personal finances. What are they? Let’s find out.

The government has planned to take a few more steps to make e-mobility a prime focus and increase the number of users of electronic vehicles. On the other hand, the finance minister announced an additional cess of Re. 1 per litre for petrol and diesel in the budget.

Finance Minister Nirmala Sitharaman Friday commenced the first budget of the second Narendra Modi-led government. The speech lasted for over two hours. The FM has lowered the fiscal deficit target to 3.3 per cent for the current fiscal from the earlier estimate of 3.4 per cent of the GDP. Immense importance is given to Infrastructure, education, rural growth amongst other sectors under focus. 

GMR Infrastructure has signed definitive Share Purchase Agreement with Adani Power (APL) for the sale of GMR Chattisgarh Energy (GECL), held by its wholly-owned subsidiary, GMR Generation Asset Limited.

Following stocks are close to their 52-weeks low as at 2:27 p.m. on July 05, 2019.

The markets on July 05, 2019 opened up. BSE Sensex is trading at 39,577.90, down by 330.16 points and the Nifty is trading at 11,839.05, down by 107.70 points. 

The most eagerly awaited aspect of the Union Budget 2019 was the taxation part and it was very well-handled by the Cabinet. In her budgetary address, Finance Minister Nirmala Sitharaman, on one hand, announced an exemption of income tax for all taxpayers with income of less than Rs. 5 lakh, while increasing taxes for higher income slabs.

The NBFC sector received its fair share of attention in the Union Budget 2019. The government has relieved non-banking finance companies (NBFCs) from creating debt redemption reserves (DRR) to raise fund from public issues.

The benchmark indices were upbeat in Friday's morning session. The BSE Sensex hit a high of 40,032.41, while Nifty50 inched closers to the 12,000 mark hitting 11,981.75 level.

Overall volumes in futures & options currently stand at 2,88,48,070 contracts with a turnover of Rs.19,71,511.37 crore.

Overall volumes in futures & options currently stand at 2,88,48,070 contracts with a turnover of Rs.19,71,511.37 crore.

The shares of Quess Corp sank 20 per cent in today’s trading session. However, this fall is most likely attributable only to market perception.

As long as it is above the 11,920 level, the targets are open towards 12,100-12,200. However, a close below 11765 will lead to the re-test of the swing low of 11,625. Stocks in news: L&T Infotech, Godrej Industries, GMR Infrastructure, L&T Finance Holding, Sobha.

The board of directors of Eris Lifesciences approved the buyback of the fully paid 17,39,130 equity shares of Re. 1 each. The buyback was initiated at a price of Rs. 575 per share, thereby resulting in a maximum consideration amount not exceeding Rs. 100 crore.

Friday morning has nothing positive to offer for the markets given the subdued and muted global sentiments. At the time of writing, the SGX Nifty was trading just below the dotted line down by 5 points at 11,974 level.

NCLAT on Thursday approved ArcelorMittal’s bid of Rs. 42,000 crore for Essar Steel India and also ruled that the resolution professional (RP) and not the CoC has to decide on the distribution of amount between financial creditors and operational creditors.

Sentiment Indicators.

The stocks to watch out for July 5 include IndiaMart, McLeod Russel, Kolte-Patil Developers, Gravita India, Quess and Thomas Cook.

Subscribers can ask their queries regarding stocks they hold and get our expert guidance.

Fundamental Analysis of 1 Stocks (with 180 days horizon).

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Technical Analysis of 1 Stock (with 15 days horizon).

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

Everyone wants to get rich and lead a comfortable life. Nevertheless, very few of them possess that attitude. There are a few common mistakes, which if we avoid will help every one of us to create wealth that is long lasting.

Data Bank

Following stocks are close to their 52-weeks low as at 2:28 p.m. on July 04, 2019.

Zee Entertainment Enterprises Ltd, (ZEEL) which is recently in news for concerns over promoter share pledges, is in advanced talks with James Murdoch family office, LupaSystems, Blackstone and Atairos for a possible structured deal.

The markets on July 04, 2019 opened flat. BSE Sensex is trading at 39,879.63, up by 40.38 points and the Nifty is trading at 11,939.25, up by 22.50 points. 

Chandigarh-headquartered company Steel Strips Wheels Limited (SSWL) reported total sales decline of 10 per cent for the month of June on a year-over-year (YoY) basis.

PPFAS Mutual Fund, has launched Parag Parikh Tax Saver Fund, an open-ended equity linked saving scheme. Read on to find out whether you should subscribe or not.

Query Board

Portfolio Advisory Service or PAS is a unique product which targets maximum returns with minimum efforts. Let us tell you what makes our PAS subscription so special and in what ways do we bring value to our esteemed PAS members. 

In this edition, we have reviewed ITD Cementation and Trident Ltd. We suggest our reader-investors to HOLD in ITD Cementation and Trident Ltd

The stock of life insurance companies have been in the limelight light on the bourses lately. Out of this pack, our sources suggest that the stock of HDFC Life Insurances still has some steam left. There are multiple tailwinds for the stock.

The IPO market has dried up, so much so that investors are wondering whether the market still exists. Yogesh Supekar along with Shohini Nath explore what is happening in the primary market and explain why the momentum may pick up in the second half of 2019

Strides Pharma has received a warning letter from USFDA for its Puducherry facility. The United States Food and Drug Administration (USFDA) previously had classified the company’s Puducherry facility as Official Action Indicated (OAI). 

Penny stocks constitute almost 12 per cent of all the listed stocks. Geyatee Deshpande finds out how the penny stocks have performed when small-caps and mid-caps have struggled in the past couple of years.

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.

The current situation of the equity market is making investing in stocks difficult. There is no clear trend that is emerging.

There are hundreds of chart patterns available to trade profitably. Which patterns are more accurate and should be followed is something best left to the experts. Vinayak Gangule identifies the trend reversal patterns that you can profit from. 

Wealth creation is an important goal for every investor. It requires investors to follow an asset allocation model and a disciplined investment approach to keep investments on track through their defined time horizons.

Presently, the company has an order book of Rs. 5,152 crore. The focus will be on executing the same with the intention of lowering receivables. The management also intends to focus on overseas orders of MIS and plastics, which are secured and will entail a receivable cycle of 90 days. 

Building a mutual fund portfolio is the starting point of a long journey towards achieving your financial well-being. DSIJ explains in detail the importance of reviewing your portfolio and more importantly the specifics you should keep in mind while reviewing your portfolio.

Market awaits Union budget for direction

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. 

The total corpus of mutual funds has increased due to the large inflows from non-corporate investors after demonetisation. The absolute growth between September 2016 and March 2019 is around 50.6%. The major chunk of the growth has come from equity corpus and non-corporate debt corpus. Both the segments registered 118% and 41% absolute growth.

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

Multi-Cap funds invest across categories of equity like large-cap, mid-cap and small-cap and that too in a proportion which the fund manager feels suitable. However, what if you create a portfolio of large-cap, mid-cap and small-cap funds? DSIJ studies and explains what should be your approach, i.e., whether to go for multi-cap funds or create a personalised portfolio of large-cap, mid-cap and small-cap funds.

Overall volumes in futures & options currently stand at 1,40,29,793 contracts with a turnover of Rs.9,80,052.00 crore.

Overall volumes in futures & options currently stand at 1,40,29,793 contracts with a turnover of Rs.9,80,052.00 crore. 

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

I read a report that states there will be bigger defaults by IL&FS in October 2019, which would be to the tune of 91,000 crore.

OPEC+ members formalised and extended their existing 1.2 million barrel per day output cuts to further support the elevated price of oil for another nine months. However, the effect of this output cut was a steep decline in crude oil prices. This is good news for Indian equity markets as lower crude prices bode well for the Indian economy. 

I am your old subscriber of the magazine. I have observed that your suggestions and advise is mostly spot on. In the current market situation, do you think the delayed onset of monsoon will affect the movement of small-cap stocks and also agri-related stocks? 

By the time this issue reaches you, the “most-awaited Union budget” would have been released already and the markets will be taking cues from the specific proposals and the overall contours of the budget. Mostly, the budget should set a bullish tone, thus pushing the markets to all-time highs. 

E-commerce company Indiamart Intermesh debuts on the stock market at a price of Rs. 1,180.00 per share against its issue price of Rs. 973 per share on Thursday. The stock was trading more than 35 per cent premium to its issue price in the morning session.

"The ethical is always more robust than the legal. Over time, it is the legal that should converge to the ethical, never the reverse," wrote Nassim Nicholas Taleb, author, Skin in the Game.

The 12,000 mark is likely to play out as a crucial resistance zone. On the downside, immediate support is seen around the 20-DMA (11,826) and as long as bulls manage to hold on to the 20-DMA, maintain a positive bias and 'buy on dips' strategy should be adopted. Stocks in news: Prime Focus, Mcleod Ruseel, Jindal Steel, JB Chemicals and Pharmaceuticals.

Tracking the strong leads from the US markets overnight and Asian peers, the indices are set to open on a positive note. At the time of writing, SGX Nifty was trading higher by 10 points at 11,958 level.