The stock of Balrampur Chini Mills Limited has formed a Three Black Crows candlestick pattern on daily time frame.

The stocks to watch out on October 1 include Lupin, ICICI Prudential Life Insurance, Kalpataru Power, Kamdhenu and IHFL.

The stock of Bata India Limited has formed a Dark Cloud Cover candlestick pattern on the daily time frame.

The consolidated order book as on June 30, 2019 stood at Rs. 24,918 crores and order inflows YTD FY20 came in at Rs. 4,300 crores. Also, the company has L1 position of around Rs. 2000 crore majorly in Transmission & Distribution business.

At the end of the session, the 30-share index Sensex lost 155.24 points or 0.40 percent to settle at 38,667.33, while, the 50-share index Nifty breached 11,500 levels intraday and closed at 11,474.45, down by 37.95 points or 0.33 per cent.

Glenmark Pharmaceuticals has received approval from the Ministry of Healthcare, Russia to market Montlezir. Shares of Glenmark, however, were trading 2 per cent lower at Rs. 325.15 in the afternoon session of Monday.

Chennai based private sector bank, Laskhmi Vilas Bank reported that the RBI has initiated the PCA plans against the bank, on Friday, market hours. The stock was locked in lower circuit at Rs. 34.75 in BSE.

Earlier last week, the company had also announced that the KTPL will be merged with the Kajaria Ceramics. The board of directors of the company had approved the scheme of amalgamation. The proposed scheme of arrangement is further subject to approval from NCLT.

Following stocks are close to their 52-weeks low as at 12:52 p.m. on September 30, 2019.

The markets on September 30, 2019 opened gap down. BSE Sensex is trading at 38,428.34, down by 394.23 points and the Nifty is trading at 11,400.20, down by 112.20 points.

This is that time of the year when many of you might be receiving tax refund. Read on to find how it can be used to improve your finances. 

SJVN Limited informed the exchanges on Monday that it is investing around Rs. 7,000 crore in power generation and transmission in Nepal.

United States Food and Drug Administration (USFDA) completed inspection at Cipla’s Goa manufacturing facility, with 12 observations. Reacting to the news, the shares of Cipla tumbled over 4 per cent intraday on Monday morning to hit fresh 52-week low of Rs. 418 in BSE.

Hindustan Construction Company (HCC) has inaugurated the Indian Navy's first aircraft-carrier dry dock in the city of Mumbai. However, the shares in the morning session on Monday were trading in red.

Amid an uncertain economy and volatility in the market, Motilal Oswal Mutual Fund has launched Motilal Oswal Large and Midcap Fund (MOFLM), an open-ended equity scheme. Read on to find out whether you should subscribe or not.

Indian Seamless Metal Tubes Limited (ISMT), India’s largest integrated specialized seamless tube manufacturer, has raised its stake in Structo Hydraulics A.B. Sweden (SHAB) to 99.98 per cent.

Overall volumes in futures & options currently stand at 95,45,329 contracts with a turnover of Rs. 6,54,635.74 crore.

Overall volumes in futures & options currently stand at 95,45,329 contracts with a turnover of Rs. 6,54,635.74 crore.

In the coming session traders are advised to closely monitor the high and low (11,594-11,500) of Friday’s session as a break above or below Friday’s high or low could set the tone for the index. Stocks in news: Jindal Steel and Power, NTPC, Reliance Capital, Lakshmi Vilas Bank, Kajaria Ceramics, Cipla, Canara Bank, Punjab National Bank, Cox and Kings, Indian Overseas Bank, Tata Power.

The SGX Nifty is currently trading seven points down at 11,578 levels and this indicates insipid trade that could characterise today’s markets.

Generic Engineering Construction and Projects Limited has received two orders from Mahindra Happinest Developers Ltd. and Milagro Infrastructure Private Ltd. for a contract value of Rs. 67.41 crore and Rs. 12.88 crore respectively.

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

The stocks to look out on September 30 include Tata Power, Punjab & Sind Bank, IDBI Bank, GOCL and Mahindra & Mahindra.

L&T Finance Holdings is set to raise funds approximately of Rs. 150 crore through Cumulative Compulsorily Redeemable Non-Convertible Preference Shares (CRPS).

The recent announcements on corporate tax rate cut and GST cuts were not effective enough to boost the auto stocks. In fact, the auto stocks continue to decline as, currently, there isn’t any major initiative announced by the government, particularly for the auto sector.

As the market reversed its trend to downside, pharma and auto stocks led the losses in Friday’s trading session. While auto stocks fell amid concerns about sales growth, the pharma stocks had to face the brunt of drug quality, triggered by suspension of ranitidine hydrochloric drug.

The currency appreciation is positive for the overall sentiment of the markets. Strong currency and decline in crude oil prices will be key drivers for the markets going ahead.

Orient Refractories offers a wide range of Refractory and Monolithic products for the iron and steel industry and enjoys large domestic and international clientele.

Broader markets too ended with handsome gains. Both the BSE Mid cap index and the BSE Small cap index have logged gains of more than a per cent each for the week.

Considering the weekly time frame, the stock of Heidelberg cement India Limited is trading in Symmetrical triangle pattern since last 18 weeks.

The stock of HDFC Asset Management Company Limited forms Shooting Star candlestick pattern on weekly time frame.

The stock of Rites Limited has given downward sloping trendline breakout, formed by connecting swing highs from August 2018.

The company informed on Friday that Stride Pharma Global Pte Limited, Singapore, has received approval from the United States Food and Drug Administration (USFDA) for manufacturing Solifenacin SuccinateTablets, 5 mg and 10 mg.

As Thomas Cook Plc. collapsed with a debt pile, Thomas Cook India has been looked at with doubtful eyes for the last few days. The shares of the company continued to trade in red.

Intellect Global Transaction Banking (iGTB), the transaction banking and tech specialist from Intellect Design Arena Limited, in partnership with Fintech Power 50 on Tuesday organised a SIBOS networking cruise that brings together major banks, insurers and market infrastructure players.

The company said NTPC is all set to start commercial operation of Unit-1 of 800 MW of Lara Super Thermal Power Station (2 x 800 MW) with effective from September 30, 2019. 

Following stocks are close to their 52-weeks low as at 14:01 p.m. on September 27, 2019.

Tata Power Solar, Tata Power’s wholly owned subsidiary, has won the bid for 105MWp floating solar energy project in Kerala.

The markets on September 27, 2019 opened gap down. BSE Sensex is trading at 38,933.01, down by 56.73 points and the Nifty is trading at 11,546.70, down by 24.50 points. 

The Board of Directors of Quess Corp has approved the acquisition of remaining 49 per cent stake in Trimax Smart Infraprojects Private Limited (TSIPL), which is its subsidiary. Post completion of acquisition, TSIPL will become wholly owned subsidiary of the company.

Even after the corporate tax rate cut last week that brought huge relief to the market, there is still no clarity on where the markets are heading to. Till then, it is wise to get an idea on which sectors ranked better on mutual funds list in past five months. Let’s find out.

On Thursday, Muthoot Finance Ltd informed the exchanges that it is issuing Non-Convertible Debentures (NCDs) on September 27, 2019, in an aim to raise around Rs. 1000 crore. 

Overall volumes in futures & options currently stand at 5,01,82,417 contracts with a turnover of Rs. 33,43,696.98 crore.

Overall volumes in futures & options currently stand at 5,01,82,417 contracts with a turnover of Rs. 33,43,696.98 crore.

Cadila Healthcare informed the exchanges on Thursday that Zydus Cadila has received the final approval from the USFDA to market Clobetasol Propionate Lotion, (US RLD - Clobex Lotion), 0.05 per cent.

If in any case Nifty closes above the 11,600 level, then we may get fresh long opportunities in the market and Nifty might move towards the level of 11,710, which is a swing high and 11,790, which is 78.6 per cent retracement level. On the downside, the bulls will closely monitor the September 23 bullish gap and as long as this is protected bulls are in a sweet spot. Stocks in news: Thomas Cook (India), YES Bank, Majesco, Quess Corp, Westlife Development, KPIT Technologies, Adani Enterprises.

IDBI Bank informed the exchanges on Thursday that the company has bought back its senior notes listed on Singapore Exchange Securities Trading Limited.

Weakness across the globe is sure to impact India bourses as well.

Your Technical Portfolio Guide

Street Talk

Diwali came a month earlier to the Dalal Street as markets saw fireworks with benchmark indices marking their biggest single-day gains in a decade.

Adani Enterprises informed the bourses today that it has incorporated a company namely Adani Ahmedabad International Airport Ltd and Adani Jaipur International Airport Limited  on September 26, 2019.

The government owned Indian Railway Catering and Tourism Corporation (IRCTC), under the administrative control of the Ministry of Railways, is entering the capital market to raise around Rs. 645.12 crore at upper band. Read on to find if you should subscribe to the IPO.

Neyveli Lignite Corporation (NLC) India on Wednesday announced that the balance 351 MW of solar power projects under implementation in the district of Tirunelveli, Tuticorin, Irudhunagar and Ramanathapuram, out of 709 MW Solar power projects, awarded by TANGEDO, has been successfully completed.

When it comes to personal finance, people are often confused as what to do and how to do. But those who are smart find out best ways to manage their personal finances themselves. So, here is how smart people deal with personal finance.

GSK suspended the release, distribution and supply of all dose forms of ranitidine hydrochloride products in all markets including India after regulatory authorities detected presence of genotoxic nitrosamine NOMA in the products.

The pharmaceuticals and drug company, Cipla informed the exchanges on Thursday that it has launched Daptomycin for Injection, 500mg/vial, single-dose vial for intravenous use only.

The second project is a mega contract for Electrical and C&I Maintenance at NTPC Khargone (2x660 MW) for a total contract price of approximately Rs. 13 crore, for a period of 36 months.

The project work as stated by the company includes excavation of overburden of first dig for composite work consisting of blast hole drilling, loading and transportation of broken rocks and soil etc.

Hinduja Global Solutions (HGS) has bagged a new contract order award with the Disclosure and Barring Service (DBS). DBS helps employers make safer recruitment decisions each year by processing and issuing DBS checks required by those working with children and vulnerable adults.

Bharat Heavy Electricals Limited (BHEL) announced that the state-owned company has successfully commissioned five pumping units of the 7x139 MW Kaleshwaram Lift Irrigation Scheme (LIS) Package 8, in Telangana. Considerably, the pump for each unit is designed to lift 89.14 cumecs (cubic metres per second) of water by 120.98 metres

Following stocks are close to their 52-weeks low as at 13:07 p.m. on September 26, 2019.

The markets on September 26, 2019 opened gap down. BSE Sensex is trading at 38,891.83, up by 298.31 points and the Nifty is trading at 11,540.50, up by 100.30 points.

AstraZeneca Pharma India has received import and market permission in Form 45 (Marketing Authorization) from the Drugs Controller General of India.

With its very intensive research-driven, bottom-up stock-picking approach guided by growth at a reasonable price (GARP) principle, Sundaram Asset Management Company has always adopted a consistent overarching sector view. In this interview, Managing Director Sunil Subramaniam elaborates about the company’s performance in a sluggish market and its overall vision about future growth

NHPC Limited has signed a Memorandum of Understanding (MoU) with Government of Himachal Pradesh for execution of 449 MW Dugar HE Project located in Chamba District, Himachal Pradesh.

Overall volumes in futures & options currently stand at 2,30,48,515 contracts with a turnover of Rs. 15,70,828.38 crore.

Overall volumes in futures & options currently stand at 2,30,48,515 contracts with a turnover of Rs. 15,70,828.38 crore.

We would recommend traders to closely monitor price action of Nifty around Monday’s gap area. Also, today being the current month’s future and option expiry day, brace yourself for volatility. Stocks in news: SRF, Indiabulls Real Estate, Astrazeneca Pharma, Glaxosmithkline Pharmaceuticals, Cipla and NLC India.

The outlook for the day is a flat start with a positive bias and the key catalyst this morning which could boost market participants’ sentiments is the comment from US President Donald Trump that the deal with China could come sooner than expected. At the time of writing, the SGX Nifty was trading up by 20 points at 11,495 levels. However, as the session progresses, we expect volatility to kick in on account of future and option expiry for the September series. 

Tata Power Delhi Distribution (TPDDL), a joint venture between Tata Power and the Government of NCT of Delhi, has signed a memorandum of understanding (MoU) with Havells India.

Traders remained cautious as the Asian Development Bank (ADB) lowered India's Gross Domestic Product (GDP) growth forecast to 6.5 percent for the current fiscal (FY20), considering the GDP growth slipping to a six-year low in the April-June quarter of 2019-20.

While considering financial rules of thumb, prefer a simpler one that is easier to follow. What’s important is - make such rule and stick to it. It will help you to sort your finance for long term.

The stocks to watch out on September 26 include Adani Enterprises, Subex, T. T., Infosys, Sterlite Technologies and Astrazeneca Pharma.

Systematic investment plan or SIP has been around for a long time, but in recent years it has become an intuitive way to invest in mutual funds. SIP is essentially a facility attached to open-ended mutual funds, debt or equity,

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

Data Bank and Dividend.

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.

In terms of performance, in the last one year multi-cap funds have performed better than the large and mid cap category due to higher allocation towards large-cap stocks

Maslow’s Need Hierarchy Theory is a practical and wise approach to how you can plan your financial outlay to take care of basic needs as well as wants. What it calls for though is a proper understanding of how to differentiate between the two

Hi, in the next edition of you may please elaborate on passive income schemes for people up in age as with Interest rate going south how do we protect our parents wealth so they can have steady income which keeps up with inflation.

The event that unfolded last fortnight clearly shows how important it is to remain invested in equity. Some not-so-smart investors, who tried to time the market and were waiting for the market to bottom out, might be sulking because of the lost opportunity

Last couple of years have been quite challenging for investors in equity and equity-oriented hybrid funds. Even those who have been investing through SIPs are seeing negative returns in their portfolios. While handling the current market like situation can be quite tricky for investors, they must avoid making abrupt decisions to protect their financial future. Needless to say, investors need hand-holding during these turbulent times to keep their investments on track to achieve their defined investment goals. 

Momentum investing strategy is touted by some to be the best investing strategy ever. Yogesh Supekar discusses the strategy in detail and tests whether the strategy indeed helps achieving alpha while Karan Bhojwani comes up with couple of stock ideas based on this unique strategy

In this edition, we have reviewed LT Foods Limited and Oricon Enterprises Limited. We suggest our reader-investors to book profit in LT Foods and hold in Oricon Enterprises

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

Sintex Industries is a producer of plastic water tanks. It also manufactures corduroy fabrics. The company has operations in building material solutions, textile solutions, and custom building solutions.

Corporate governance is not understood by most investors holistically. Geyatee Deshpande defines what it means and highlights various corporate governance cases in India. The article also focuses on the vital aspects in any company that investors should pay attention to in order to identify corporate governance issues

For FY18-19 the asset H under managemnt of HDFC MF was Rs. 343,938 crore, thus increasing by 17.79 per cent compared to Rs. 291,985 crore for FY17-18

The Government of India along with the state governments have played a key role in enabling the travel and tourism ecosystem. Strategic initiatives, including relaxed foreign direct investment policies, revamping of the ‘Incredible India’ and other campaigns, and the extension of e-visa to 166 countries have helped expand the nation’s travel and tourism scenario. Coupled with the recent slashes in GST rates for hotels, the tourism industry in India may soon gain momentum, reports Shohini Nath

NIFTY Index Chart Analysis

11710 to act as key resistance for bulls !

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

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 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