The stock of Raymond Limited has given downward sloping trendline breakout on weekly scale. The breakout was supported by strong volumes.

The level of 11,880 is likely to act as an immediate resistance; however, sustaining above the level of 11,880 would open up gates for all-time high levels of 12,041. On the downside, the last week low of 11,592 is likely to act as a strong support zone for the index and, as long as the index stays above this zone, it will pave the way for the index to reach the level of 12,200 in the short-medium term. Stocks in news: Info Edge, IDFC, V-Mart Retail, Salzer Electronics, Khadim India, Manpasand Beverages.

At the time of writing, SGX Nifty is trading at 11,852 level, down by 25 points. Adani Port, BHEL, Colgate Palmolive, GAIL, INDIGO, KSCL, OIL and ZEEL are some of the key results to remain in focus today.

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

The stocks that are likely to witness significant movement on the bourses on May 27 are JSW Steel, Omaxe, Salzer Electronics, Page Industries and Gruh Finance.

Salzer Electronics Limited has entered into a share purchase agreement for acquisition of shares representing 72.32 per cent stake in Kaycee Industries Limited from its principal promoter Universal Trust Private Limited.

The market experienced volatility during the early hours of trade on Friday, during the morning half market saw choppy trading, but as the day progressed the market breath was in favour of advances. ICICI Bank contributed most to the index gains, followed by L&T, HDFC Bank and SBI.

The backdrop of rising US oil inventories and concern over economic slowdown weighed on the oil prices resulting in Brent Crude oil losing most in calendar year 2019. On Thursday, Brent Crude fell nearly 5 per cent and ended at US$ 67.76 per barrel.

Theresa May, the Prime Minister of the United Kingdom, announced on Friday that she would resign from her office on June 7. In her address to the media, May expressed regret that she could not deliver Brexit. European markets cheers the development, London-based FTSE 100 was trading at 7,281.30, up by 50.26 points or 0.70 per cent on Friday's morning session.

The company reported net Profit of Rs. 79.99 crore in Q4FY19 as against Rs. 12.27 crore in Q4FY18, registering a growth of 551.92 per cent. Reacting to the results, the stock of Allcargo Logistics was buzzing on Friday.

We often wonder if we should pre-pay part of the home loan as and when we do have some lumpsum amount or should we invest it. Read on to find the answer.

Following stocks are close to their 52-weeks low as at 2:08 p.m. on May 24, 2019.

Radico Khaitan on Thursday informed the bourses that pollution control board revoked closure direction on the company’s Uttar Pradesh plant. The company further said that it has not incurred any production loss due to closure.

Greaves Cotton’s Buyback Committee has resolved in the meeting held on May 23, the number of equity shares to be bought back shall be up to 1.3 crore equity shares representing 5.32 per cent of the total number of equity shares in the paid-up share capital of the company.

The markets on May 24, 2019 opened gap up. BSE Sensex is trading at 39,255.12, up by 443.73 points and the Nifty is trading at 11,792.80, up by 135.75 points. 

These days not just millennials but many people in their productive ages are planning to retire early by taking VRS. However, should you rely on retirement to be happy? Let’s find out.

Government-owned miniratna company MOIL has signed a Memorandum of Understanding (MoU) with the Ministry of Steel, India and where it has set a production target of 14.75 lac tonnes of manganese ore for FY20E.

Zuari Agro Chemicals on Thursday informed the bourses that, rating agency ICRA has downgraded its short term and long-term funds worth Rs. 4215 crore. The long-term rating was downgraded to D from BB (Negative) earlier. While short-term also downgraded to D from A4.

JMC Projects India Limited has bagged new orders worth Rs. 616 crores. The orders include residential and commercial projects in South India.

The software major has completed the acquisition of 75 per cent stake in ABN AMRO subsidiary in the Netherlands. The partnership will strengthen Infosys' business process management solutions in the mortgage services value chain in Europe.

Overall volumes in futures & options currently stand at 3,66,71,127 contracts with a turnover of Rs.25,81,257.90 crore.

Overall volumes in futures & options currently stand at 3,66,71,127 contracts with a turnover of Rs.25,81,257.90 crore.

The Monday session low of 11,592 is the key support level and if Nifty fails to hold this support level, it will fill the gap of May 20. On the higher side now, the zone of 11,820-11,850 is likely to act as a critical resistance for further upmove. Stocks in news: Infosys, MOIL, CIPLA, Greaves Cotton, Reliance Nippon Life Asset Management, Radico Khaitan, Om Metal Infraprojects, Zensar Technologies.

Despite the global markets remaining vulnerable by amplified pessimism regarding a solution to the US-China trade war, the Indian markets are expected to open the session on a positive note. At the time of writing, the SGX Nifty was trading higher by 55 points at 11,734. The quarterly numbers on tap are Bata India, Dish TV, Heidelberg, IDFC, IGL, JSW Steel, NCC and REC.

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This indicator is a measure of the percentage of Nifty 50 stocks that are trading above/below their 200-day moving averages. The 200-DMA is considered important and one of the basic technical indicators that can be used to determine long-term trend of a security.

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Street Talk

Over the last week or so the big questions on every market participants’ mind was: Whom have the Indian voters voted and who will be the ‘king’ of the largest democracy in the world?

ADAG groups, Reliance Nippon made a public announcement that Nippon Life Insurance of Japan has signed binding definitive agreements with Reliance Capital Limited to increase its stake in the company.

Suven Life Sciences Limited has informed the bourses that the last patient has completed his last visit for the Phase 2 POC study of SUVN-502 for moderate Alzheimer’s disease. This is the first-ever study to evaluate a triple combination therapy for moderate Alzheimer’s disease patients.

Redington (India) Limited showcased PAT growth of 20 per cent and recommended dividend of Rs. 3.30 per share for the March quarter. This constitutes 165 per cent on the face value of Rs. 2 per share.

Bodal Chemical on Wednesday informed the bourses that it is planning to acquire 80 per cent stake in Turkey-based company called Sener Bova Kimya Tekstil Sanayi Ve Ticaret Ltd. 

The stock exchange company BSE Limited celebrated the event of Sensex crossing 40,000 level on Thursday. In the early morning session as the trends for Lok Sabha elections 2019 indicated that the ruling BJP-led alliance NDA will return to power with majority, the index broke its psychological barrier of 40,000 level.

Market ended a very busy day in negative territory on Thursday. Swaying up and down as election results trends showed a clear majority for the Narendra Modi-led NDA alliance, the indices breached the psychological levels of 40,000 and 12,000 on Sensex and Nifty, respectively, but closed in red.

More than 600 million Indians voted over the last six weeks and now the Narendra Modi-led NDA has secured a majority by leading around 298 seats.

This is a super house of financial data on 3500 corporates with up to date information. In the Magazine version the top 1100 -1400 companies are covered while the data on the entire 3500 companies is available in excel format for subscribers to download.

 DSP Investment Managers’ Quant Fund opened for subscription from May 20 and closes on June 3. Should you invest in them?

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 fundamental. Therefore we advise readers to use their own discretion before investing in these recommendation.

In this edition, we have reviewed Shriram Transport Finance Company and Trent Ltd. We suggest our readerinvestors to HOLD in Shriram Transport Finance Company and Trent Ltd.

How well the market performs in the long run depends on the earning growth. Thus, it is essential that investors track the quarterly earnings. Yogesh Supekar highlights some of the outstanding performances, while DSIJ Research Team analyses the sectoral performance this season. Read on to see the outstanding performances and surprises of this earnings season

Readers are requested to send only one query at a time so that more readers get a chance.

Following stocks are close to their 52-weeks low as at 12:58 p.m. on May 23, 2019.

Zydus Cadila informed the bourses that it has received final approval from the USFDA to market Esomeprazole Magnesium Delayed-Release Capsule, 25 mg and 40 mg. The said tablet is used to treat certain stomach and esophagus problems like acid reflux, ulcers.

Being sucessfull in equity markets is all about managing fear and greed. In poor market conditions it is fear of underperformance that drives unprofitable investment decisions. Shohini Nath observes that fear indeed is the root cause that drags the portfolio returns. Read on as she shares 11 healthy investment practices to manage fear profitably.

The markets on May 23, 2019 opened gap up. BSE Sensex is trading at 39,366.97, up by 256.76 points and the Nifty is trading at 11,827.10, up by 89.20 points. 

Queries Related to Tax

SeQuent Scientific Limited (SSL) reported a healthy financial performance in the quarter ended March 2019.

The company reports profit after tax (PAT) of Rs. 82.59 crore for Q4FY19. The company's board has recommended a dividend of Rs. 2 per share.

The management expects the company to outperform the industry in term of growth in FY20. It anticipates margin improvement on account of lower discounts, Gujarat plant ramp-up, royalty reduction due to scaling up, normalised inventory, softening of commodity prices and cost reduction measures. 

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

Technicals may take a back-seat as the event day unfolds 

I am 32-year-old and I started all my SIPs in March 2019. My time horizon for investment is 10-15 years for the first two funds. For the third fund, the time horizon is 20-22 years. 

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

As the news that BJP will continue to remain in power seeps in market pared its gains in the afternoon session. In the morning half, market was extremely bullish as BJP's seat count crossed the halfway mark in leading trends. The top contributors to the index gains were ICICI Bank, IndusInd Bank, LT contributing between 60 to 40 points, while Reliance was just supporting contributing 20 points. 

There is a difference between the performance of actively managed large-cap funds, index funds and ETFs, despite these fund categories investing in similar stocks. DSIJ explains how large-cap funds, index funds and ETFs fairs when compared with each other and the reason for the difference in their performance.

According to the book of Genesis, women are supposed to be created from the rib of man. Women over the generations have just been assigned the typical roles of mothers, sisters, daughters and wives. The woman of today has proudly taken all the above mentioned roles to another level by straddling with equal ease the professional domains of the corporate world. Hence, women today are teachers, leaders, bosses and much more with equal aplomb. They stand shoulder to shoulder as earning members with their male counterparts.

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 risk off trade that started in the year 2018 has continued till now and has led to a sharp fall in the mid-cap and small-cap stocks

Investing money judiciously holds the key to your long-term investment success. However, in reality, we often leave some loose ends in our investment process that either expose us to unwarranted risks or make us compromise on some of the important goals of our lives. In fact, we even suffer from certain misconceptions that cloud our investment decisions.

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 soar in anticipation of a Narendra Modi led government in the center. The BSE Sensex scaled 40,054.42, up by 944.21 point or 2.41 per cent, while Nifty50 was at 12,031.95, up by 294.05 points or 2.51 per cent.

Finally, we are done with the general elections. Now is the time for all sorts of permutations and combinations and to speculate on who will get which ministry and which party will benefit the most from its alliance with the ruling party. The market has already, to an extent, factored in that Narendra Modi will get a second term as Prime Minister. Echoing positive investor sentiments, the benchmarks index BSE Sensex posted a mammoth single-day gain of 1,422 points on Monday after the exit poll results were out on Sunday. 

Your report on FII holdings in growth stocks was most insightful and thought-provoking. As we move into FY20, do you think the influence of domestic institutional investors on Indian markets will increase? Which sector do you think will attract FIIs the most in FY20?

We are still in the mid of a bull market. Different categories of funds have performed differently in varied cycles of the market. DSIJ explains where the market is right now and which categories of funds you should bet on. 

It is always a feel-good factor when your predictions come true, be it election results or stock market direction. Now that the major event in the form of national elections is behind us, investors can focus on factors that impact markets in the long run, viz., inflation, macroeconomic data, interest rates, earnings

Your cover story "MF vs PMS vs AIF" led me to understand the products better before investing. Also, appreciate the way you have done all the analysis. 
- Vicky Ahluwalia 

Mutual funds now have another category of asset to invest in. The recent circular by market regulator, SEBI, has allowed the mutual fund schemes to invest in commodity derivatives through ETCDs (Exchange Traded Commodity Derivatives).

Of the 542 seats in fray, BJP-led alliance NDA is leading in 321 seats, while Congress-led alliance UPA is leading in 94 seats, and in 92 seats Others are leading.

Overall volumes in futures & options currently stand at 72.91 lakhs contracts with a turnover of Rs. 5,27,886.13 crore.

Overall volumes in futures & options currently stand at 72.91 lakhs contracts with a turnover of Rs. 5,27,886.13 crore.

Nifty needs to decisively take out the level of 11,850 and, on the downside, support is seen around the Monday’s session low of 11,592. Going ahead, if bulls manage to defend the support level of 11,592 and the opening gap of May 20, it would be an interesting day’s ahead for the bulls. Stocks in news: L&T, Biocon, ITI, Bodal Chemicals, Wipro, OBC, HDFC Bank.

Today is the Judgement Day for the largest democracy in the world and the world will know who will be the 'king'. The markets are pricing in a clear victory for the NDA government and hence any deviation from this could lead to disappointment amongst the market participants. Volatility will be the buzzword in today’s session and the SEBI and the exchanges have stepped up their surveillance mechanisms. We might see a flat opening as indicated by SGX Nifty, however, as the day progresses, a roller-coaster ride could be seen.

Indore-based snack food company Prataap Snack said that the company is planning to launch a few more variants such as cupcakes, tiffin cakes in the near future, on Wednesday.

Plastic moulding company Sintex Plastics Technology announced that it plans to sell its Auto division, on Wednesday. The stock reacted positively to the development and gained 4 per cent.

The Gujarat-based tile maker, Asian Granito India Limited (AGIL), said that company has passed a circular resolution for divestment from its joint venture AGL Panaria Private limited.

Mutual funds can now diversify even further as they can invest in commodity futures via Exchange Traded Commodity Derivatives (ETCDs). Read on to find out more.

Budesonide Inhalation Suspension is used to control and avoid symptoms (wheezing and shortness of breath) caused by asthma. The said medicine had a projected market size of US$385.4 million in the 12-month period ending March 2019 in the US market.

Vakrangee Limited announced its partnership with ZEE Entertainment. Vakrangee will offer ZEE5 services to the most remote and hitherto parts of the country.

Personal finance being dynamic in nature there are many different opinions on the same thing. Here are three common financial advice which you should ignore.

The stocks that are likely to witness significant movement on the bourses on May 23 are Power Mech, Ramco Cements, Bharat Forge, Wipro and TCI Express.

BSE Sensex has registered a 3 per cent gain since exit polls predicted BJP's victory. On Wednesday, with less than a day remaining for the general election results to trickle in, investors played it safe just to be sure who will be the next PM.

Following stocks are close to their 52-weeks low as at 3:11 p.m. on May 22, 2019.

Australia re-elected Prime Minister Scott Morrison despite exit polls indicating that his Liberal Party would lose and the opposition Labour Party will form the government. Pollsters got it wrong in Australia, will we see a repeat of this on Indian soil?

The markets on May 22, 2019 opened up. BSE Sensex is trading at 39,157.45, up by 187.65 points and the Nifty is trading at 11,736.35, up by 27.25 points. 

Oil and Natural Gas Corporation is reportedly planning to speed up production of selected projects. The shares were trading in green.

Dewan Housing Finance Limited (DHFL) on Tuesday said that it would not accept deposits. It also mentioned that the company will not allow premature withdrawals after rating agencies downgraded its rating on debt instruments.

Overall volumes in futures & options currently stand at 72.98 lakhs contracts with a turnover of Rs. 5,32,797.36 crore.

Overall volumes in futures & options currently stand at 72.98 lakhs contracts with a turnover of Rs. 5,32,797.36 crore.

The levels of 11,750 and 11,830 are likely to act as immediate resistances. while on the downside, Monday’s session low of 11,592 is likely to act as a strong support level. However, if the index sustains below 11,592, we might see the upside gap of May 20 to be filled completely. Stocks in news: UFO Moviez, FDC, HUL, Vedanta.

The outlook is a positive start for the Indian markets as global cues are supportive. At the time of writing, SGX Nifty was up by 26 points at 11,752. Market participants will eye quarterly results of Bank of Baroda, Indusind Bank , Canara Bank, CIPLA and MOIL.

Bharat Heavy Electricals has successfully commissioned two more pumping units 1&2 of 116 MW each at Kaleshwaram Lift Irrigation Scheme (LIS) Package-6 in Telangana.

The stocks that are likely to witness significant movement on the bourses on May 22 are Vodafone Idea, Thyrocare Idea, Bodal Chemicals, TechMahindra and Heritage Foods

The benchmark index BSE Sensex lost some of Monday's phenomenal gains. Sensex closed down at 38,969.80, down by 382.87 points or 0.97 per cent on Tuesday. The bears regained control after a record 1,421 point closing gains on Monday.

Steel Strips Wheels (SSWL) on Tuesday informed the bourses that it has won a repeat exports orders for 4,00,000 wheels for Trailer Market. 

Following stocks are close to their 52-weeks low as at 12:34 p.m. on May 21, 2019.

The markets on May 21, 2019 opened gap up. BSE Sensex is trading at 39,417.68, up by 65.01 points and the Nifty is trading at 11,836.55, up by 8.30 points.