SRF Limited today informed the bourses that the board of directors has approved project for setting up of an integrated facility for development of PTFE at an estimated cost of Rs. 424 crore.

The markets on August 06, 2019 opened down. BSE Sensex is trading at 37,172.02, up by 472.18 points and the Nifty is trading at 10,997.25, up by 134.65 points. 

Overall volumes in futures & options currently stand at 1,44,26,468 contracts with a turnover of Rs.  9,57,212.88 crore.

Overall volumes in futures & options currently stand at 1,44,26,468 contracts with a turnover of Rs.  9,57,212.88 crore.

Overall volumes in futures & options currently stand at 1,44,26,468 contracts with a turnover of Rs.  9,57,212.88 crore.

Overall volumes in futures & options currently stand at 1,44,26,468 contracts with a turnover of Rs.  9,57,212.88 crore.

BEML has received an order from Delhi Metro Rail Corporation Limited (DMRC) for production of additional metro coaches for the MMRDA Mumbai line 2&7. However, the stock was trading 3 per cent lower than its previous close.

The low of Monday’s session would be a crucial support level for the index, but failure to hold this support would result in extended sell-off. On the upside, immediate resistance is placed at the level of 10,900. Stocks in news: Minda Corporation, HCL Technologies, Tata Power, IOL Chemicals and Pharmaceuticals, SRF, Music Broadcast, Wipro, Wabco India.

In the early action, SGX Nifty is trading with deep cut of 95 points at the 10,774 level.

Finally, the rupee ended at 70.73, Rs 1.13 lower from its previous close of 69.60 on Friday. The currency touched a high and low of 70.18 and 70.74, respectively.

Sterling & Wilson Solar (SWSL), a Mumbai-based solar EPC solutions provider is coming out its IPO. Read on to find if you should subscribe to the issue.

Mumbai headquartered Music Broadcast announced on Monday that it has acquired commercial rights of the ad space at 21 metro stations in Lucknow.

The project entails energy efficiency of 90,000 kWhr annually, along with reducing carbon emission by 63 tonnes. This installation will help India International Centre to save Rs 10 lakh on its electricity bill annually.

Symphony had launched seven new innovative models of air coolers with advanced technology and distinctive features to cater to various segments of customers all over the country as well as overseas markets.

Lupin has received the Establishment Inspection Report (EIR) from the United States Food and Drug Administration (USFDA) for its Aurangabad facility.

Following stocks are close to their 52-weeks low as at 1:03 p.m. on August 5, 2019.

The markets on August 5, 2019 opened gap down. BSE Sensex is trading at 36,725.29, down by 392.93 points and the Nifty is trading at 10,883.60, down by 113.75 points. 

Indian indices have gone through a bumpy ride for the last one year and the potholes are only getting deeper. The S&P BSE Sensex hit a 52-week high of 40,312.07 on June 4, 2019 and made 52-week low of 33,291.58 on October 26, 2018.

Home Minister Amit Shah proposes a bill to revoke Article 370, which accords special status to the state of Jammu & Kashmir. The Indian benchmark indices reacted sharply to the decision slipping more than 600 points in the early morning session.

Overall volumes in futures & options currently stand at 1,69,46,941 contracts with a turnover of Rs.11,42,376.65 crore.

Overall volumes in futures & options currently stand at 1,69,46,941 contracts with a turnover of Rs.11,42,376.65 crore.

The IPO of the NBFC-MFI opens for subscription. The offer was subscribed by 18 anchor investors at the upper end of the IPO price band set at Rs. 853 to Rs. 856 per share.

Formation of higher high-low confirmed by decisive close above the identical highs of the last two trading sessions, which is placed at 11,080 level, would give first indication of respite in the ongoing downward momentum. Stocks in news: Relaxo Footwears, Indian Overseas Bank, PNC Infratech, Corporation Bank, Federal Bank, Reliance Industries, SBI, Tata Power, Bank of Baroda, Adani Power, BEML, Cox & Kings, Jubilant Life Sciences and Punjab & Sind Bank. 

In the early action, SGX Nifty is trading with deep losses, courtesy sharp decline amongst Asian peers and lower closing on the Wall Street on Friday as hopes of trade deal with China faded. At the time of writing, SGX Nifty is trading down by 75 points at the 10,940 mark.

The stocks to watch out on August 5 include INOX, RPP Infra, Birla Corporation, Godrej Agrovet and SBI.

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

Hindustan Copper Limited has signed a Joint Venture Agreement with National Aluminum Company Ltd. (NALCO) and Mineral Exploration Company Ltd. (MECL) - CPSEs under Ministry of Mines – for constituting a JV company namely Khanij Bidesh India Ltd (KABIL).

The following stocks would be in focus during Monday’s trading session in light of their results announcement, Mangalore Refinery & Petrochemicals, LIC Housing Finance, J.K. Cement, Jammu & Kashmir Bank and Gujarat Mineral Development Corporation.

The stock of Bajaj Auto Ltd has formed a Three White Soldiers candlestick pattern on the daily time frame.

The stock of Tata Consultancy Services (TCS) has formed a Three Inside Up candlestick pattern on the weekly scale.

The stock of Biocon Limited has formed a bullish engulfing candle on the daily scale.

Ahmedabad-headquartered pharma API manufacturer, Dishman Carbogen Amics announced that no observation was found following the USFDA inspection of its subsidiary in Switzerland.

Spandana Sphoorty Financial , a rural-based non-banking financial company -micro finance institutions is coming out with its initial public offer (IPO). Read on to find if you should subscribe to the issue. 

Government of India enterprise and Maharatna categorised company, Coal India's coal production stood at 38.50 million tonnes, lower by 5.1 per cent in July 2019 compared to 40.58 million tonnes in July 2018.

RailTel Corporation of India (RailTel) has signed a memorandum of understanding (MoU) with RITES for providing Digital Services to RITES in New Delhi.

Zydus Cadila has completed Phase 3 clinical trial in India of Saroglitazar Mg which is used for treating Type 2 Diabetes.

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

The markets on August 2, 2019 opened gap down. BSE Sensex is trading at 37,336.67, up by 318.35 points and the Nifty is trading at 11,069.90, up by 89.90 points. 

Saving money in turn leads to a higher cashflow surplus which may help you to increase your investments and build wealth. So, what are the tricks that can help you save money? Let’s find out.

The company had started work in this direction many years ago with the introduction of factory-fitted CNG vehicles. The production of such cars increased by 40 per cent in 2018-19 and this year the target is increased by near 50 per cent.

Companies have started reporting their quarterly results for the quarter ending June 2019. We have considered the companies in which turnaround was seen in terms of profitability in the June 2019 quarter.

The Rs. 3,125 crore Initial Public Offering (IPO) of the global solar EPC company belonging to the Shapoorji Pallonji Group hits the exchanges on Tuesday, August 6, 2019. The company is an integrated solar engineering company.

Alpha is the favourite buzzword of smart investors. NSE launched the smart-beta index Nifty100 Alpha30 in June this year. An alpha index strategy aims to select stocks that have recently outperformed the broad benchmark on a risk adjusted basis. Let's check out which stocks feature in this index.

Overall volumes in futures & options currently stand at 4,41,03,761 contracts with a turnover of Rs.27,99,622.77 crore.

Overall volumes in futures & options currently stand at 4,41,03,761 contracts with a turnover of Rs.27,99,622.77 crore.

It is advisable to wait until Nifty moves above the 200-DMA, which is currently placed at 11,150 level, to get confirmation of the short-term strength. The next support level is placed at 61.8 per cent retracement of Oct-June rally at 10,806. Stocks in news: PSP Projects, National Aluminium, Allahabad Bank, Bank of India, Power Grid, Adani Transmission, SRF, Wipro.

The domestic markets are likely to open with a gap-down as cues from the global markets have shattered bulls' hopes. The SGX Nifty is indicating a decline of about 76 points at the opening bell.

Libas Riyaz Ganji LLC, Dubai has executed an agreement for supply of goods with Atlantis The Palm Limited, Dubai, UAE for supplying designer garments to the entire staff of Atlantis The Palm.

NCC Limited has bagged two new orders worth Rs 503.80 crore in the month of July 2019. These orders are received from the central and state government agencies.

The following stocks would be in focus during Friday’s trading session in light of their results announcement: Nestle India, Inox Leisure, HDFC Limited, ITC and Bata India.

Despite a decent recovery in the last trading session, the benchmark indices failed to close in the green zone. The BSE Sensex dipped by 462.80 points or 1.23 per cent at 37,018.32 on Thursday on the back of negative global cues as the US Fed cut benchmark policy rate.

Here are the stocks to look out on August 2 include NCC, Marico, Sadbhav Infrastructure, Wipro and Ceat.

 Sentiment Indicators.

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

The month gone by, i.e. July, was no less than a nightmare for the investors as Nifty recorded its worst July since 2002 and closed nearly 6 per cent lower for the month. The pain in the broader markets was further aggravated with the Midcap and Smallcap indices plunging 9.81 per cent 

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

Review on 1 stocks recommended in past.

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

As we are cautioning for the last few weeks, the Nifty breached its May 2019 low and confirmed the bearish trend. The benchmark index closed below the upward channel support. The continuous selling from the FIIs and the overall distribution in the market forced Nifty to fall without any relief.

Biocon informed the bourses that the company along with Mylan has launch Ogivri (trastuzumab), a biosimilar to Herceptin1, for the treatment of HER2-overexpressing breast cancer and metastatic stomach cancer (gastric or gastroesophageal junction adenocarcinoma) in Australia.

Following stocks are close to their 52-weeks low as at 2:51 p.m. on August 01, 2019.

With this weak auto sales numbers, on Thursday, the Nifty auto index made an intraday low of 6,783 and at 14:18 hours, Nifty Auto index was trading at 6,806.05, down by 42.30 points. Looking at the stock movements of the automakers, the stock of Maruti Suzuki gained nearly 2 per cent whereas Ashok Leyland declined by nearly 4 per cent.

India's manufacturing activity strengthened in the month of July, on the back of a quicker upturn in factory orders. Manufacturing performance surged to 52.5 in July from 52.1 in June.

The markets on August 01, 2019 opened gap down. BSE Sensex is trading at 36738.67, down by 742.45 points and the Nifty is trading at 10892.85, down by 192.55 points. 

Tata Consultancy Services has launched the ADD (Advanced Drug Development) size feasibility platform which provides life sciences companies with a single, integrated platform that digitises the site selection and activation processes, and facilitates data-driven decision-making while assessing site feasibility for multi-site clinical trials.

Data Bank

Many of us may have a retirement account with PFRDA. So investing Rs. 50,000 in NPS is enough to fund your retirement needs? Let’s figure it out.

Generally, D/E should be less than one as it lends financial stability. But there are capital intensive industries like infra, capital goods wherein D/E ratio remains at a higher level compared with the companies that operate in the FMCG and IT space which are like cash-generating machines.

"Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years."

Warren Buffett

Specialty pharmaceutical company, Unichem Laboratories informed the bourses that United States Food and Drug Administration (USFDA) has conducted a routine GMP surveillance at company’s Goa formulation facility. The company had submitted ANDAs from this facility.

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

Investors' pain has intensified as Indian markets have underperformed their global peers. Yogesh Supekar and DSIJ Team identify what is haunting the markets and explain what is the best any investor can do in such testing times.

It was recommended based on strong financial profile and robust brand portfolio of the company.

It provides a range of banking and financial services, which includes retail banking, corporate banking and para-banking activities along with treasury and foreign exchange business. On the financial front, the total interest income of the bank rose by 12.55 per cent YoY to Rs1584.37 crore

With no place to hide in the current market situation, can MNC stocks prove to be ‘most profitable’ investments for long term investors? Geyatee Deshpande explores……

India-based subsidiary of Dr. Reddy's, Aurigene has entered an exclusive collaboration agreement with the US-based oncology-focused biotech company Exelixis, Inc.

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

The economic slowdown is prevalent and is impacting several sector stocks including real estate stocks negatively. Having said that the branded real estate developer are showing signs of steady recovery. Shohini Nath explores how grim the situation is for the sector even as she highlights the pockets of growth within the sector. Read on.....

These are testing times for equity fund investors as the stock market has been witnessing a steep fall since the presentation of the Union Budget 2019. There were lot of expectations from the budget, but it evoked a mixed response from different sectors.

Overall volumes in futures & options currently stand at 2,27,94,937 contracts with a turnover of Rs. 15,25,426.99 crore.

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.

Overall volumes in futures & options currently stand at 2,27,94,937 contracts with a turnover of Rs. 15,25,426.99 crore.

SBI Life Insurance Company Ltd. is one of the leading life insurance companies in India. It is a joint venture between State Bank of India, which is India’s largest public sector bank, and the leading global insurance company BNP Paribas Cardif. As of March 31, 2019, the company covered as many as 24 million lives. 

Dilip Buildcon has received the letter of acceptance (LoA) from the Ministry of Road Transport & Highways, New Delhi for a new EPC project in the state of Karnataka.

When it comes to retirement planning there are various strategies available through which one can plan for retirement. However, which strategy to adopt is the biggest confusion among retirees. DSIJ evaluates various investment strategies for retirement.

ZEE Entertainment Enterprise (ZEEL) on Wednesday announced the much-awaited stake sale deal. The Invesco Oppenheimer Developing Markets Fund has agreed to buy 11 per cent stake in ZEEL. 

NIFTY Index Chart Analysis
Better to take profit home and stay in cash

The financial markets offer exciting investment opportunities to investors across the asset classes. Such asset classes include equity, debt, gold, real estate, etc. Some investors might feel comfortable investing in a single asset class as they understand that asset class better. 

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

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. 

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

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

Behavioral biases while taking investment decision makes an investor take irrational decision, who otherwise make rational decision. DSIJ explains how two of the most dominant emotion impacts your overall investment returns.

Several factors, including continuous selling by the FIIs, have led to the under performance of the Indian markets. The slowing global economic growth as well as the recent budget announcement made by the finance minister Nirmala Sitharaman remain a concern. 

I enjoy reading your magazine very much and have gained a good understanding of the markets over the years. I hereby request you to kindly provide content regarding economy analysis, industry analysis, company analysis in the coming issue. 

July 2019 is one month most investors would want to forget in a hurry. It has been the worst July in almost 17 years for Dalal Street, especially for Nifty and Nifty Midcaps. For Nifty Bank, it is the worst July in 19 years. Nifty is down by 5.69 per cent, Nifty Bank is down by 7.16 per cent and Nifty Mid-cap is down by 9.8 per cent in the current month.

Life insurance is something which forms a major part of my portfolio and your cover story.

There are factors that go beyond fundamentals while investing. Behavioural biases and emotions are couple of influences that play a major role in your investment decision and its returns. Fear and greed are the two strong emotions that may lead you to taking irrational investment decisions. 

Due to coal crunch, NTPC has shut down three of its units at its plant located in Kaniha in the state of Orissa.

Dewan Housing Finance Corporation Ltd (DHFL) has completed divestment of its stake in DHFL Pramerica Asset Managers and DHFL Pramerica Trustees to PGLH of Delaware Inc.