The IPO of Rail Vikas Nigam (RVNL) was subscribed 18 per cent on Monday. RVNL operates under the Ministry of Railways.

The stock has formed Dark Cloud Cover candlestick pattern on the daily scale. The Dark Cloud Cover is a bearish reversal candlestick pattern.

Overall volumes in futures & options currently stand at 92.45 lakhs contracts with a turnover of Rs. 6,43,893.84 crore.

Overall volumes in futures & options currently stand at 92.45 lakhs contracts with a turnover of Rs. 6,43,893.84 crore.

The level of 11,570 will be closely watched as this would be a crucial support level for the index and if there is any follow-through move below this level, expect a correction in the index, while on the higher side, the levels of 11,700 and 11,760 will continue to act as a stiff resistances. Stock in news: SSWL, Cipla, Bharat Road Network, Tata Power, Stride Pharma Sciences, Dr Lal PathLabs, Godrej Properties, HCL Technologies, Coal India.

Indian benchmark indices are likely to open the session with modest gains following strong leads from the Wall Street and optimism seen among the Asian peers. At the time of writing, the SGX Nifty was up by 11 points at 11,745. Market participants will keep a watch on Nikkei Manufacturing PMI for the month of March, which is due for release today.

Tata Consultancy Services Limited was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout.

The stocks that are likely to witness significant movement on the bourses on April 2 are Sadbhav Infrastructure, Lupin, Gateway Distriparks, Sambhaav Media and PVR.

NCC informed the bourses on Monday that it has bagged orders totalling to Rs. 4,619 crore without GST in the last month of FY19.

Nifty Auto accelerated by 76.05 points or 0.91 per cent and made intraday high of 8,492.35 and settled at 8,411.40. A major contributor to this gain was Tata Motors, as it jumped nearly 7 per cent on the expectation of better JLR numbers in Q4.

The first real estate REIT to be listed on the Indian exchanges traded stably on its first day of trading. The real estate investment trust (REIT) traded up by more than 4 per cent intraday on Monday.

The shares of Intellect Design Arena, a leading B2B fintech company, jumped by nearly 7 per cent on winning a large deal in North America. This is the highest ever deal won by the company.

The company has paid a one-time settlement amount of US$135 million, on Friday. Lately, Jubilant Pharma had raised unsecured bonds of US$200 million which was utilised for the repayment of the said loan.

The year FY19 was quite volatile for the equity market. Read on to find the winners and losers among equity mutual funds.

Following stocks are close to their 52-weeks low as at 1.02 p.m. on April 01, 2019.

SpiceJet was trading positive after the company declared the launch of 28 new flights. Under the government’s UDAN scheme, SpiceJet has launched 14 new flights, connecting the unserved regions of Jharsuguda, Kishangarh and Lakhimpur to key metros and cities across the country.

The markets on April 01, 2019 opened gap up. BSE Sensex is trading at 38,993.96, up by 321.05 points and the Nifty is trading at 11,708.85, up by 84.95 points. 

Risk profile has its own significance while investing in mutual funds. However, many a time, conservative investors avoid investing in equities. So, should they continue doing so? Let’s find out.

The company has informed the bourses that it has received notice from the Gujarat pollution control board to shut down its Dahej plant. This notice was on a result of non-compliance with the provisions of Water (Prevention and Control of Pollution) Act, 1974.

Indian equity market scaled new highs on the first day of the fiscal year 2020. Following global cues, the BSE Sensex and Nifty50 were up 0.81 and 0.62 per cent in the morning session on Monday.

Overall volumes in futures & options currently stand at 72.28 lakhs contracts with a turnover of Rs. 4,97,595.29 crore.

Overall volumes in futures & options currently stand at 72.28 lakhs contracts with a turnover of Rs. 4,97,595.29 crore.

Considering the daily time frame, the index has formed a reversal hanging man candlestick pattern. Additionally, the sectoral sentiment indicators suggest extreme overbought for the index as all the stocks are trading above its 200-day simple moving average, which suggest index is likely to witness some consolidation in coming days.

The Friday’s session low of 11,570 is very crucial for the bulls, as holding about this level would enable Nifty to challenge its record high level of 11,760. On the other hand, a failure to hold this support would invite some profit-booking, in which case the level of 11,520 may provide support. Stock in news: Welspun Corp, Cipla, Titan, Jindal Drilling and Industries, Inox Leisure, Tata Motors, EIH Associated Hotels, Mahindra and Mahindra, SRF.

As per early indications from the SGX Nifty, the Friday happy ending is likely to continue on the bourses. It is going to be a buoyant start to the new fiscal as, at the time of writing, the SGX Nifty was up by 51 points at 11,727. Traders will keep an eye on auto sales figures for the month of March, which will start coming in from today. Also, India’s infrastructure  output for the month of February and the external debt are scheduled to be announced today.

Bharat Heavy Electricals has given a downward sloping trendline breakout formed by connecting swing highs from October 2010, considering the weekly time frame. The breakout was supported by robust volumes. Additionally, the stock formed a sizeable bullish candle on breakout day, which adds strength to the breakout.

The stock of Delta Corp has formed a bearish engulfing candle after touching downward sloping trendline resistance and it coincides with the double top zone of Rs. 265.90 - 265.50 which suggests bears are taking control near the short-term resistance zone.

Marico Ltd was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout. The Bollinger Band squeeze occurs when volatility falls to low levels and the Bollinger Bands narrow. A volatility contraction or narrowing of the bands can foreshadow a significant advance or decline. 

It might be hard to believe, but four IPOs of FY2018-19 beat the benchmark indices in terms of returns, Fine Organic is one of them. Read on to know more...

The stocks that are likely to witness significant movement on the bourses on April 1 are Kalapataru Power Transmission, Indico Remedies, Cadila Healthcare, GAIL & BHEL and L&T 

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The Mumbai-based diagnostics company, Metropolis Healthcare Limited (MHL) is hitting the capital market with its maiden IPO. Read on to find should you subscribe to the issue. 

ICICI Bank expects its mortgage portfolio to exceed Rs. 2 lakh crore by March 2020 on account of robust demand from buyers of affordable homes.

Following stocks are close to their 52-weeks low as at 1.09 p.m. on March 29, 2019.

The markets on March 29, 2019 opened gap up. BSE Sensex is trading at 38,627.35, up by 81.63 points and the Nifty is trading at 11,594.85, up by 24.85 points. 

Suven Life Sciences on Friday informed the bourses that it has secured one product patent from Eurasia, one product patent from Europe, one product patent from South Korea and one product patent from Sri Lanka.

Wabco India’s parent company, Wabco Holdings Inc., a US-based company listed on the NYSE, has plans to merger with ZF Friedrichshafen AG, a privately-held global leader in driveline and chassis technologies. Reacting to this development, the stock of Wabco India soar more than 10 per cent, on Friday.

Overall volumes in futures & options currently stand at 3.43 crore contracts with a turnover of Rs. 22,75,906.54 crore.

Overall volumes in futures & options currently stand at 3.43 crore contracts with a turnover of Rs. 22,75,906.54 crore.

Punjab National Bank (PNB) and PNB Housing Finance (PNBHF) were buzzing in the early morning trade on Friday following stake sales to two large alternative investment firms.

Now the challenge is whether the Nifty will close above the parallel high of 11,572. If yes, the rally will continue with small dips. But only in the instance of a close below the March 25 low of 11,311 that the market will give bearish signals. As long as it closes above this level, every dip is a buying opportunity. Stock in news: Tata Steel, HDFC, Adani Ports, Union Bank of India, TCPL Packaging, Wipro, Bharat Financial Inclusion, EIH, Lupin, Wabco India, Tata Power.

After a scintillating rally on Thursday, the early action in the SGX Nifty suggests that on the last trading day of the fiscal year, Indian markets may take a breather in early trading. At the time of writing, the SGX Nifty was trading at 11,646, down by 23 points.

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

Review on 2 stocks recommended in past.

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

The affaire de coeur of the bulls, which started on the Dalal Street since February 19 low, took a pause on March 22. During this period, Nifty registered a gain of just over 9 per cent, but the heartthrob has been the banking index Bank Nifty, which has skyrocketed just over 13.5 per cent and marked fresh all-time high

The government-owned Rail Vikas Nigam Limited (RVNL), is entering the capital market with its IPO. Read on to find if you should subscribe to it.

Infosys has entered into a strategic partnership with ABN AMRO. Shares of Infosys rose almost 2 per cent on an intraday basis.

The shares rallied to move up almost 2 per cent intraday.

The stocks that are likely to witness significant movement on the bourses on March 29 are Tata Motors, Cox & Kings, Lupin, Adani  Enterprises and Bharat Financial Incluion.

Mahindra and Mahindra (M&M) announced a price hike of 0.5 per cent to 2.7 per cent across its range of products with effect from April 1, 2019.

The shares of Bank of Baroda (BoB) gained nearly 2 per cent in the morning trade this Thursday after reports made the rounds stating the possibility of the bank raising funds by selling bonds overseas.

Indian benchmark indices continued their upward rally on Thursday despite it being the last day for the March F&O series. Positive rollover data and a rally in IT stocks fuelled the rally. The BSE Sensex and Nifty50 were up 1 per cent each in the post-lunch session.

Leading third‐party logistics service provider Future Supply Chain signed an agreement with global clothing brand Benetton's India arm to manage and provide pan-India logistics services to the company.

Data Bank

The demand scenario experienced by Bata India has improved in comparison to previous years. The company has been growing in double-digits. A major chunk of the growth has been pouring in from the tier-3 and 4 towns, including the franchise stores.

As we bid adieu to the current financial year, the DSIJ Family is blissful and proud of having completed 68 Investor Awareness Programmes (IAPs) across various cities in India. The IAPs were met with an overwhelming response from equally excited crowd of equity and mutual fund investors in each of the cities we had visited. 

L&T Construction emerges at the forefront in terms of burgeoning order pipeline yet again as it secures several orders from clients of substantial repute across different states of India.

While investing in MFs people often check out the fund's past returns, even so, how should one analysis returns? Should you go for rolling returns or trailing returns? Let’s find out.

Following stocks are close to their 52-weeks low as at 12.33 p.m. on March 28, 2019.

QueryBoard

The markets on March 28, 2019 opened gap up. BSE Sensex is trading at 38,349.69, up by 216.81 points and the Nifty is trading at 11,517.65, up by 72.60 points. 

Everybody wants strong returns, but do such returns maximize portfolio value if earned early in one’s career or closer to retirement? Advait Dharmadhikari finds out how retirees would benefit from strong returns early into retirement, as against active professionals who would gain from better returns late in their careers.

Reviews

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

The capital ratios of Allahabad Bank are well on their way to significant improvement, owing to the fundraising activities of the company combined with the capital infusion by the government.

Digitisation in India is leading to lower cost of acquiring, servicing and retaining customers. In order to tap this opportunity and empower its MSME partners, the company has devised a five-pronged internet strategy. The company is looking to list more SMEs on its platforms and leverage its strong positioning as a local search engine and online marketplace.

As expected, the last Nifty upward move came to an end on Friday by closing prior bar low. The weakness continued for Monday. Nifty opened with a gap-down on Monday and continued to be in the negative zone through the day. 

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 

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

Markets experienced tremendous swing that lasted for seven consecutive sessions this fortnight. This can be seen as one of the many mood swings that are expected in the run-up to the polls. 

I have been a long time reader of your magazine and always look forward to the quality investment advice.

The stock was buzzing on Thursday as the market was rife with discussions that the company might undertake a majority stake sale deal. The stock was trading near its 10 per cent upper circuit limit.

The recent market performance is a testimony to the fact that all is well when it comes to Indian economy and the overall market condition. We have been saying all this while to all the investors to have faith in the markets. In the long run, the experience is going to get smoother and better in equity markets.

Investors almost always take a pause when a big event is about to unfold. Shohini Nath along with Yogesh Supekar explore the investing opportunities in the current market environment ahead of the national elections, while the DSIJ research team recommends a ‘Model Portfolio’ to invest in.

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

Mutual funds is one of the great investment options that are available in the market. Mutual fund is a pooling together of money obtained from multiple investors which, after careful research, is invested in a variety of asset classes, such as equities, debt, money market instruments, etc. so as to maximise growth in capital. 

Debt funds have often found little presence in investors' portfolios. What investors fail to realise is that debt funds are equally important as they help balance the portfolio. One of the reasons for the imbalance in the portfolio is a lack of knowledge about when and why should one invest in debt funds. DSIJ delves on the importance of debt funds to help investors decide better while investing in various funds.

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. 

Overall volumes in futures & options currently stand at 2.54 crore contracts with a turnover of Rs. 17,20,336.52 crore.

Overall volumes in futures & options currently stand at 2.54 crore contracts with a turnover of Rs. 17,20,336.52 crore.

Historically, election years have been rewarding for the equity MF investors, so do not wait on the sidelines for the elections to get over, for you might miss the bus if you are not invested.

I really appreciate your work and was eagerly waiting for the Anniversary issue.

The latest figure from the MF industry body AMFI shows that the net inflows into equity mutual funds have slowed down to their lowest level in the last two years. The same is being reflected in MF investments in the equity markets; however, the fall is much steeper.

ICICI Prudential Life Insurance company received a positive response from non-retail investors to the offer for sale (OFS) issue by promoters. The offer for sale was subscribed 3.96 times on Tuesday.

The zone of 11,550-11,572 is likely to act as a stiff resistance for the Nifty and any fresh and sustainable upmove is likely to emerge only as soon as this resistance zone is taken out. Till then, there is a possibility of Nifty once again consolidating with limited upside, while on the downside, the swing low of 11,311 is a crucial support for the bulls and a breach of this support would invite selling pressure. Stock in news: NELCO, DFM Foods, Welspun Corp, NBCC, M&M Financial, Godrej Agrovet.

Indian markets are expected to open a tad lower on Thursday as the global sentiments are weak. The US government's debt yields added to a steep decline in March as the yield on the closely monitored 10-year treasury note dipped to a 14-month low and the US yield curve is only exacerbating matters by inverting. However, there seems to be good news from the weather office as the IMD has predicted robust monsoon in 2019 provided there is no unexpected El Nino phenomenon. Volatility is likely to be elevated in today’s session on the back of March series derivatives expiry. At the time of writing, the SGX Nifty was trading lower by 35 points at 11,411.

Countries largest integrated power company Tata Power informed that it has got an approval from MERC for distribution and generation of 700 MW power.

Yash Papers is contemplating expanding its capacity with a capex plan of approximately Rs. 150 crore. The stocks of the company gained almost 2 per cent intraday.

The stocks that are likely to witness significant movement on the bourses on March 28 are Lupin, Maruti Suzuki, Strides Pharma, Cadila Healthcare and Orient Electric.

The surge in recruitment activity in India has paved the way for success of the placement sector. This has brought in more revenue for both individuals as well as the nation as a whole.

Another railways organization the Rail Vikas Nigam Limited is entering the equity market this week with its Initial public offering (IPO) to raise approximately Rs. 480 crore. The IPO opens on Friday, March 29.

The stock of global pharma company was buzzing on Wednesday after the company announced that its oral dosage plant in Singapore with manufacturing and research capabilities for tablets and hard gelatin capsules was approved by the US drug regulator.

As a retired person many people prefer investing in FDs and manage to make a living with the interest earned from it. So, should you as a retired person go with bank FDs or should you opt to invest in debt funds instead? Let’s find out.

Managing your debt is one of the key things while taking care of your personal finance and step-up EMI can prove to help you in the same. So, can step-up EMI help you create wealth with the help of MFs?