Indian currency opened on flattish gains after it depreciated on Tuesday following the airstrike on terror camps in PoK. Political developments are expected to have a strong effect on currency and bond markets, in the short-term.

On daily time frame, the stock had formed bullish engulfing candle, which suggests bulls are taking control near long-term trendline.

Indian benchmark indices regain what they lost in Tuesday's trading session. The indices were upbeat since early trade on Wednesday with BSE Sensex at 36,279.72, up by 306.01 points or 0.85 per cent and Nifty50 at 10,914.50, up by 79.20 points or 0.73 per cent.

Overall volumes in futures & options currently stand at 1.88 crore contracts with a turnover of Rs. 11,90,981.27 crore.

Overall volumes in futures & options currently stand at 1.88 crore contracts with a turnover of Rs. 11,90,981.27 crore.

The stock REC Limited forms opening bullish marubozu candle above horizontal trendline in the daily time frame, this suggests that the bulls were in the dominant position.

Going ahead, it is important for the index to get past the identical top of the last two trading sessions at 10,887-10,889. Once Nifty sustains above this resistance zone, we believe it will move towards the zone of 10,950-10,965. Stocks in news: Bharat Financial Inclusion, Unichem Laboratories, Tata Steel, MRF, ONGC, Bank of Maharashtra, GMR Infrastructure and Time Technoplast.

Although Asian peers looking in a good shape in early trading, Indian markets are likely to open with modest gains. At the time of writing SGX Nifty was trading higher by 36 points at 10,859 level.   

S Chand along with its wholly-owned subsidiary Eurasia acquired the remaining 26 per cent stake in Chhaya Prakashani, a company in which it holds majority stakes.

The board of directors of Varun Beverage approved fundraising of upto Rs. 1,500 crore through Qualified Institutions Placement (QIP) but its subject to the approval of shareholders in the Annual General Meeting which is to be held on April 17, 2019. 

Intellect Design Arena Limited (IDAL) bagged a substantial multi-million destiny deal from Emirates NBD. 

Adani Power has spiked up more than 17 per cent in the closing hours of trade on Tuesday as it received approval for the acquisition of the entire stake of Adani Power Dahej (APDL), Adani Pench Power (APPL) and Kutchh Power Generation (KPGL) from Adani Enterprises (AEL). 

A navratna firm Bharat Electronics (BEL) and Bharat Forge has entered into a memorandum of Understanding (MoU) for strategic co-operation in the field of defence and aerospace products / systems to jointly capitalise on the emerging opportunities in the domestic market.

The maker of iconic bike Royal-Enfield, Eicher Motors informed bourses that workers have resumed work at Royal Enfield’s Oragadam, Chennai facility and reported to work effective from Saturday, February 23, 2019.

The Indian rupee weakened against the US dollar on account of fresh demand for the US currency from importers. 

Following stocks are close to their 52-weeks low as at 2.20 p.m. on February 26, 2019.

The markets on February 26, 2019 opened gap down. BSE Sensex is trading at 36,079.64, down by 133.74 points and the Nifty is trading at 10,859.35, down by 20.75 points. 

The shares of Dewan Housing Finance Corporation Limited (DHFL) plummeted more than 5 per cent this morning after the credit rating agency ICRA downgraded the company’s commercial papers to A2+ from A1+.

Power Mech Projects has bagged orders worth Rs. 202 crore for various projects including rail works in Kanpur, UP; LPG pipeline work in Mundra-Mithirohar, Gujarat; power cycle piping work at Thiruvallur, TN and O&M works of power unit at Khandwa, Madhya Pradesh.

The foreign direct investment (FDI) flows have seen a substantial drop and may record a full year decline for the first time since the Narendra Modi-led NDA took office in 2014.

Looking at the sharp fall in the NAV of debt MFs, people are looking for more safer options. Let's find out if gilt funds can prove to be one of them.

Markets experienced jitters in the early morning session as Reuters reported Pakistan army's claims that the Indian Airforce bombed parts of Pak occupied Kashmir on Tuesday. BSE Sensex lost 322.27 points and was at 35,891.11 at 9:37 hours.

Overall volumes in futures & options currently stand at 98.60 lakhs contracts with a turnover of Rs. 6,24,373.57 crore.

Overall volumes in futures & options currently stand at 98.60 lakhs contracts with a turnover of Rs. 6,24,373.57 crore.

On the downside, it’s important for the index to stay above 10,800 mark.  Stocks in news: Bharti Airtel, Wipro, Thermax, Tejas Networks, Sharda Motor Industries, Bliss GVS Pharma, Bharat Forge and Lupin.

After a decent run-up by the bulls, Tuesday morning has not much to offer for the bulls to drive this upmove further, as the sentiments from the Asian peers are subdued. At the time of writing SGX Nifty was down by half a per cent at 10,838. It is important for the bulls to defend the important psychological mark of 10,800. 

The stocks that are likely to witness significant movement on the bourses on February 26 are Thomas Cook, Lupin, Lux Industries, JSPL and Zim Laboratories.

The Indian markets zoomed up on Monday on the back of global cues. The BSE Sensex and Nifty50 up 341 and 88 points, respectively in the last trading session of the day.

Through this project, GE T&D will help evacuate around 2500 MW of wind power generated in Gujarat. After execution of this project, various wind farm developers will be able to transmit the power generated in the state to the Green Energy Power Transmission Corridor.

The plant will have a capacity of 90 KLPD and the cost for the project is around Rs. 120 crore. The company expects to start production from this plant in the next season. The main purpose of the venture is to increase value addition and reduce the volatility in its sugar business.

Following stocks are close to their 52-weeks low as at 2.30 p.m. on February 25, 2019.

The markets on February 25, 2019 opened gap up. BSE Sensex is trading at 36,091.59, up by 220.11 points and the Nifty is trading at 10,849.55, up by 57.90 points. 

Gemcitabine injection is used in the treatment of ovarian cancer, breast cancer, non-small cell lung cancer and pancreatic cancer. As per IQVIA, the market for the injection is approx US$11.7 million.

The said acquisition would enhance synergies for the JBM Group with new products, global customers and new German technologies. This would help JBM Auto expand its footprints in the global market.

Aurionpro Solutions’ subsidiaries in Singapore and Thailand have bagged two prestigious projects each in the banking and fintech space. The order wins pertain to the company’s transaction banking product called iCashpro+.

Real estate stocks were buzzing during the morning session on Monday as the GST Council decided on Sunday to cut GST rates applicable on under-construction houses and affordable housing segment.

Many avail loans to cover some of their expenses. Loan against MFs is one of the ways you can take a loan. But should you take it? Let’s find out.

Chinese telecom gear maker Huawei expects India to become the second largest 5G market in the next 10 years. Huawei has partnered with Vodafone Idea and Bharti Airtel for 5G trials.

Overall volumes in futures & options currently stand at 73.74 lakhs contracts with a turnover of Rs. 4,64,334.36 crore.

Overall volumes in futures & options currently stand at 73.74 lakhs contracts with a turnover of Rs. 4,64,334.36 crore.

Going ahead, the levels of 10,820, followed by 10,860, are likely to act as a resistance levels as the crucial moving averages are placed around these levels and unless Nifty trades decisively above these levels we do not expect any major upmove. Stocks in news: Jubilant Life Sciences, Adani Port, Manappuram Finance, Jet Airways, Sharon Bio-Medicine, NTPC, Adani Power, Corporation Bank, Motilal Oswal Financial Services and IIFL Holdings.

The Monday morning global cues are indicating good times at the start for the domestic bourses. At the time of writing, SGX Nifty was up by 16 points at 10,822.50. The realty stocks are expected to be in the limelight after the GST Council on Sunday slashed tax rates for under-construction flats to 5 per cent and affordable homes to 1 per cent, effective from April 1.  

BEML and the US-based Lockheed Martin Aeronautics Company signed a ‘Certificate of Partnership’ at Bengaluru on Friday.

Everything has a flip side and mutual funds are no different. Fund managers not only buy but also sell stocks, reduce holding. So it's equally important to know what they are selling. Let’s find out.

EPFO interest rate for the fiscal year 2018-2019 is hiked by 10 basis points to 8.65 per cent making them more attractive than saving bank's deposits.

NBCC (India) Limited has received new orders for two major projects on PMC basis. The total projected cost of these assignments is approximately Rs. 168 crore.

Jet Airways is likely to receive emergency funding of Rs. 500 crore from State Bank of India (SBI) and Punjab National Bank (PNB) to help the debt-laden company continue its operations. 

The stocks that are likely to witness significant movement on the bourses on February 25 are UCO Bank, Dr. Reddy’s Laboratory, PNB, MGN Agro Properties and NBCC

Prabhat Dairy, an integrated milk and dairy products company, informed that the company's board considered and approved the scheme of Amalgamation and arrangement.

Bharat Heavy Electricals (BHEL), Maharatna CPSE, commissioned a thermal power plant in Bihar. The plant is a 250 MW coal-based unit, informed the company in a filing to the bourses.

Indian pharma company Lupin is recalling its conjunctivitis solution in the US market. The recall is classified class-III recall. 

GMR Infrastructure’s subsidiary signed a concession agreement for the development of new Heraklion airport at Crete, Greece with its JV partner TERNA. 

Three major air-defence manufacturing companies signed MoUs for collaboration with leading international companies and a domestic start-up at the Aero India 2019. Reacting to this development, the stock of Dynamatic Technologies, BEL and BEML were moving up in early morning trade on Friday.

Following stocks are close to their 52-weeks low as at 12.37 p.m. on February 22, 2019.

The markets on February 22, 2019 opened gap down. BSE Sensex is trading at 35,860.78, down by 37.57 points and the Nifty is trading at 10,788.05, down by 1.80 points. 

SAGPL, a subsidiary of Security and Intelligence Services (SIS), has entered into a definitive agreement to initially acquire 51 per cent stake in Platform 4 Group Limited (P4G). 

ADAG group company Reliance Capital intends to exit the mutual fund space by selling its 42.88 per cent stake to its JV partner Nippon Life Insurance company in order to reduce their debt.

Overall volumes in futures & options currently stand at 2.50 crore contracts with a turnover of Rs. 15,14,786.09 crore.

Overall volumes in futures & options currently stand at 2.50 crore contracts with a turnover of Rs. 15,14,786.09 crore.

In the coming session, the upmove from hereon may not be smooth for the index as it is yet to encounter major resistance points that are present in the form of 50-day and 200- day moving averages, which are placed at 10,823 and 10,860, respectively. Stocks in news: Majesco, BEL, KSCL, BEML, AU Small Finance Bank, Dynamatic Technologies, Tata Steel and Allahabad Bank.

After two straight days of gains, will it stop raining gains for Indian markets? Well, the subdued cues from the Asian peers and the disappointing data from the US overnight are certainly pointing at a shaky start. The SGX Nifty at the time of writing is seen trading down by 20 points at 10,793. 

Zydus Cadila has received the final approval from the USFDA to market Phytonadione Tablets. The group also received the final approval for Colchicine Tablets USP (US RLD - Colcrys), 0.6 mg.

The stock is likely to keep its upward momentum alive in the short term.

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Global Issues Will Direct The Markets, For Now

The stock of Ashoka Buildcon was up more than 9 per cent on Thursday as the company was declared as the Lowest Bidder by the NHAI for the Tumkur – Shivamogga section, near Bengaluru, Karnataka.

The company plans to buyback around 2.10 per cent of it paid-up equity capital for not more than Rs. 1,956 crore. Following the announcement, the stock hit 52-week high on Thursday.

The Supreme Court of India has given a decision in favour of popular painkiller Saridon by exempting its formulation from the list of banned FDCs (Fixed Dose Combinations).

Insurance is one of the ways in which you can manage your risk, and a personal accident is one of the major risks you face. So, is it necessary to have a personal accident insurance despite being covered with health and life insurance? Let’s find out.

Following stocks are close to their 52-weeks low as at 12.44 p.m. on February 21, 2019.

The markets on February 21, 2019 opened gap up. BSE Sensex is trading at 35,841.92, up by 85.66 points and the Nifty is trading at 10,762.75, up by 27.30 points. 

Sical Logistics reported a consolidated net profit of Rs. 4.7 crore with an EPS of Rs. 0.90 per share for the quarter ended December 2018 as against Rs. 6.06 crore with an EPS of Rs. 1.04 per share in the corresponding quarter last year. 

Critical illnesses are emergencies which may burn a hole in your pockets. So, how much is the ideal insurance cover that one must have. Let’s find out.

Supply cuts by the Organization of the Petroleum Exporting Countries (OPEC) have driven crude oil prices higher in 2019.

Getting a windfall is a double-edged sword if you manage it properly it will help you to enhance your financial status.

Overall volumes in futures & options currently stand at 1.63 crore contracts with a turnover of Rs. 10,11,506.05 crore.

Overall volumes in futures & options currently stand at 1.63 crore contracts with a turnover of Rs. 10,11,506.05 crore.

On the downside, the level 10,680 is likely to act as an immediate resistance as the 100-day moving average is placed at this level. Stocks in news: Shriram Transport Finance, Dr Reddy’s Laboratories, Grasim Industries, BPCL, REC, Jubilant Life Sciences, Tata Steel and Yes Bank.

The outlook for the day flat to negative start as the SGX Nifty at the time of writing is seen trading down by 30 points at 10,737. Also, the cues from the Asian peers are not clear, hence tentativeness may persist, but we cannot rule out bargain hunting at lower levels. Hence, the level of 10,680 would be a crucial support level to watch out for the index. Meanwhile, in a big boost to the public sector banks, the government approved the recapitalisation of Rs 48,239 crore for 12 public sector banks. 

The stocks that are likely to witness significant movement on the bourses on February 21 are Cyient, NHPC, Jindal Worldwide, TRF and Shakti Pumps

Radio City, India’s leading radio network which is a part of Music Broadcast Limited (MBL), has partnered with NMRC (Noida Metro Rail Corporation) to provide passengers with unique entertainment experience during travel. 

HG Infra has been declared as L1 bidder by National Highways Authority of India (NHAI), New Delhi for new EPC project for construction of 6-lane access.

Alembic Pharmaceuticals has announced that it has received approval from US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) Acetazolamide Extended-Release Capsules, 500 mg.

Strides Pharma Science, Bengaluru-based pharma company announced that its step-down wholly-owned subsidiary, Strides Pharma Global Pte. Limited, Singapore has received USFDA approval for Ethosuximide Softgel Capsules.

Andhra Bank intends to sell its 30 per cent stake in IndiaFirst Life Insurance Company either in part or in full. By doing so, it aspires to raise Rs. 900 crore. One of the candidates who could potentially purchase the stake is the existing investor, Warburg Pincus.

Many financial advisers have been asking people to invest in mutual funds rather than real estate due to good returns in the long-term. So, should you dispose of your real estate investment and invest in mutual funds? Let’s find out.

Following stocks are close to their 52-weeks low as at 1.00 p.m. on February 20, 2019.

Aarti Industries has entered a supply contract with a leading global chemical conglomerate. The Rs. 900 crore contract includes the supply of a high-value speciality chemical intermediate for a period of 10 years.

The markets on February 20, 2019 opened gap up. BSE Sensex is trading at 35,520.11, up by 167.50 points and the Nifty is trading at 10,656.70, up by 52.35 points. 

Pharma major Dr. Reddy’s Labs won a legal battle against Indivior, a British drugmaker, in the US as the US Chief Justice allowed the company to resume selling the generic version of Suboxone Film which is Indiviors' opioid addiction treatment drug.

Benchmark indices were moving upward in the morning session on Wednesday. This was a broad based upmove with good participation from mid-cap and small-cap stocks. The market seemed to be reacting to global cues wherein the US markets gained on the back of good earnings and scheduled US Fed's policy meet.

The Tata Group company has claimed that this is the first branded product in the homestay market in the country. The brand will operate under two sub-brands namely Ama Plantation Trails and Ama Fine Homestays.

Overall volumes in futures & options currently stand at 1.40 crore contracts with a turnover of Rs. 8,68,444.29 crore.

Overall volumes in futures & options currently stand at 1.40 crore contracts with a turnover of Rs. 8,68,444.29 crore.

Going ahead, the level of 10,580 will be a crucial support for the index. Stocks in news: KSCL, Essel Propack, VEDL, Maharashtra Seamless, Majesco and Duke Offshore.

The outlook for the day is a positive start as the SGX Nifty at the time of writing is seen trading higher by 57 points at 10,671 and we are of the opinion that Nifty, after scoring a half century in the opening bell, would gun for a tonne during the day if the global cues continue to remain favourable. Market participants will also keep an eye on the GST cCouncil meeting which will be held today. 

Last week, the stock had managed to give symmetrical triangle breakout along with relatively higher volume. Additionally, the stock had formed bullish candle on breakout week, which adds strength into the breakout.