The markets on May 20, 2019 opened gap up. BSE Sensex is trading at 39,048.63, up by 1117.86 points and the Nifty is trading at 11,736.90, up by 329.75 points. 

PNC Infratech’s wholly-owned subsidiary company, PNC Delhi Industrialinfra has received the realization of Rs. 145.63 crore on Friday from Delhi State Industrial & Infrastructure Development Corporation (DSIIDC).

Indian equity markets are on Cloud 9 after exit polls predicted that the ruling NDA will stay in power and BJP's Narendra Modi will get a second term at office.

Overall volumes in futures & options currently stand at 47.45 lakhs contracts with a turnover of Rs. 3,30,070.97 crore.

Overall volumes in futures & options currently stand at 47.45 lakhs contracts with a turnover of Rs. 3,30,070.97 crore.

The immediate resistance is placed around the level of 11,467, which is the 50-DMA for the Nifty, followed by the 11,550 level. On the downside, the level of 11,300 is likely to act as a support level for the Nifty, followed by the 100-DMA, which is placed around 11,142. Stocks in news: Cipla, Saregama, Welspun Enterprises, Godrej Industries, Bharti Airtel, Alkem Laboratories, Sundaram Clayton, TRF.

Judging by the early action in SGX Nifty, it appears that stocks at Dalal Street will roar out of the gate in today’s trading. At the time of writing, the SGX Nifty had surged over 2.5 per cent. The earnings on the tap for the day are BPCL, HPCL, Bharat Forge, Torrent Pharma and UBL.

The stock of Larsen & Toubro Infotech Ltd has given downward sloping trendline breakout on the weekly time frame, along with relatively higher volumes.

Hexaware Technologies Ltd was picked by our Bollinger Band squeeze scanner on the weekly time frame, which suggests that the stock is close to a consolidation breakout.

The stock had formed a Dragonfly Doji candle on the weekly scale. The Dragonfly Doji is typically interpreted as a bullish reversal candlestick pattern that mainly occurs at the bottom of downtrends.

The USFDA has conducted an inspection at Alkem Laboratories’ manufacturing facility situated at Baddi, Himachal Pradesh from May 13 to 17, 2019.

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Indian benchmarks today ended on a positive note before the outcome of exit polls of Lok Sabha elections. The final poll verdict will be out on May 23, 2019. On a weekly basis, the benchmarks clocked the best week in nearly two months.

Mumbai-based hotel and resorts operator, Indian Hotels Company Ltd, has entered into a strategic partnership with Government of Singapore Investment Corporation (GSIC), on Friday.

Shilpa Medicare informed in a press release that it has received approval from the US regulator for its ANDA, Docetaxel injection on Friday. The stock reacted positively and touched intra-day high of Rs 386 on the BSE.

The Haryana-based auto component manufacturer Minda Industries has informed in a stock exchange filing on Friday that its board has approved amalgamation of four of its subsidiary companies.

Lupin, one of the largest pharmaceutical companies in India, posted a decent set of numbers for its fourth quarter of FY19. What should you do now?

The Hyderabad-based pharma major Aurobindo Pharma announced on Friday that it has received letters from the USFDA regarding inspections carried out earlier at the company’s API facilities.

Following stocks are close to their 52-weeks low as at 1:11 p.m. on May 17, 2019.

The markets on May 17, 2019 opened up. BSE Sensex is trading at 37,726.42, up by 332.94 points and the Nifty is trading at 11,348.25, up by 91.15 points. 

As every coin has a flip side, mutual funds are not different in that sense. Fund managers not only buy, but also sell their holdings. It becomes equally important to know what they are selling. We present below the facts and figures.

Overall volumes in futures & options currently stand at 3.10 crore contracts with a turnover of Rs. 19,86,219.46 crore.

Overall volumes in futures & options currently stand at 3.10 crore contracts with a turnover of Rs. 19,86,219.46 crore.

Trend traders will keep an eye on two levels, namely, 11,108 and 11,300, and breakout on the either side will result in a trending move. If bulls manage to surpass the resistance level of 11,300, Nifty may scale higher towards the levels of 11,370-11,400. On the downside, breach of 11,108 would result in a correction towards the level of 11,000. Stocks in news: Trigyn Technologies, InterGlobe Aviation, Bharat Forge, Manappuram Finance, Punjab National Bank.

It would be interesting to see whether or not bulls continue their last session momentum on Friday. Early cues from the SGX Nifty indicates that Nifty may open the session on a lacklustre note as SGX Nifty is trading lower by 17 points at 11,287. Nifty has an immediate hurdle at 11,300 and a breakout above this level would provide the much-needed impetus to the bulls. On the earnings front, Bajaj Auto, CESC, CUB, Dr Reddy’s Laboratories, Engineers India, IOC, Sobha and UPL will report their results today.

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

Review On 1 stock recommendation 

200-DMA INDICATOR: 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.

Fundamental 1 stock recommended

Auto component manufacturer Minda Industries reported its results for Q4FY19 and financial year ended March 31, 2019, during market hours on Thursday. The slowdown in auto sector is evident from the numbers on auto ancillary company. The sales growth is muted with just 8 per cent increase for Q4FY19 on a YoY basis.

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

The Indian benchmark indices BSE Sensex and NSE Nifty ended in the green at the close of today’s market hours. The Sensex closed at 37,393.48, up 0.75 per cent or 278.60 points, while Nifty closed at 11,257.10, up 0.90 per cent or 100.10 points.

Nifty bounced again with a short covering in the wake of weekly expiry. It also tried to come out of the oversold condition before the event (general election results). But, since last two days, it has been moving within the Tuesday’s range and unable to provide confidence to the bulls. 

We had one of the busiest weeks of the year so far on Dalal Street, with key earnings, global developments and a bunch of crucial economic releases making waves throughout the week. In the thick of all this, the scene on Dalal Street was like sinking of the Titanic.

One of the basic fundamental theory on finance suggests that higher beta should be giving higher returns. Read on to find why this is not the case.

Ingersoll-Rand (India) Ltd reported mixed set of numbers for the quarter ended March 2019.

Himachal Futuristic Communications Ltd. (HFCL) has acquired 90 per cent of the equity shares of Raddef Pvt. Ltd.

The stocks that are likely to witness significant movement on the bourses on May 17 are Hindalco Industries, Thomas Cook, Action Construction Equipment, Bajaj Auto and Bharat Forge

Ashok Leyland has secured orders for 400 Ashok Leyland Eagle 916 minibuses from Senbus Industries in Senegal. The total order amounts to a whooping Euro 10.06 million.

Tata Chemicals has approved demerger of its consumer products business into another Tata Group firm Tata Global Beverages, which has ended prolonged speculation. The turnover of the demerged division is around Rs. 1,847 crore, which accounts for nearly 16 per cent of the overall sales of Tata Chemicals on a consolidated basis.

Spending is a part of life as we earn to spend. However, there are certain things we buy and regret later. So, how does one avoid such instances?

Zoledronic acid injection is used to treat high blood calcium levels, i.e. hypercalcemia that occurs with cancer. It is also used with cancer chemotherapy to treat bone problems that may occur with multiple myeloma and other types of cancer.

Following stocks are close to their 52-weeks low as at 12:46 p.m. on May 16, 2019.

The markets on May 16, 2019 opened flat. BSE Sensex is trading at 37,131.58, up by 16.70 points and the Nifty is trading at 11,178.25, up by 21.25 points. 

ROLL OF HONOUR

Overall volumes in futures & options currently stand at 1.88 crore contracts with a turnover of Rs. 12,53,354.99 crore.

Overall volumes in futures & options currently stand at 1.88 crore contracts with a turnover of Rs. 12,53,354.99 crore.

In the coming session, the 100-DMA, which stands at 11,135, is likely to be a crucial support level and the next crucial support stands at 11,036, which is 200-DMA for the Nifty. Going ahead, a move above the 11,300 level is required to turn the bias positive. Stock in news: Tata Chemicals.

After a sharp sell-off in the last hour of trading on Wednesday, Indian indices hope for a recovery at the start of the session on Thursday, following positive close on the Wall Street overnight. At the time of writing, the SGX Nifty was trading higher by 25 points at 11,187 level. Market participants will eye quarterly results of Bajaj Finance, Bajaj Finserv, Hindalco and Praj Industries.

Indian broad market indices, which opened on flat note and traded in the positive terrain till the afternoon session, witnessed sell-off in the last leg of trading and entered into the negative terrain and ended on a negative note.

The stocks that are likely to witness significant movement on the bourses on May 16 are Yes Bank, Bharti Airtel, Dr. Reddy’s Laboratory, Amara Raja Batteries and JK Tyre

Insurance companies provide restoration benefit with the base policy. So, should you opt for such policies or should just go for a plain vanilla health insurance policy? A look at the pros and cons.

The company received orders worth Rs 3,635 crore during the quarter, which is 24.3 per cent higher than the quarter ended on March 2018. The company said that its order backlog is at a six-year high.

Alkem Laboratories informed the bourses that its manufacturing facility located at St. Louis, USA, has received a letter from the US FDA classifying the inspection conducted as Official Action Indicated .

The government-owned enterprise NTPC informed the bourses that it has won 100 MW of Solar capacities at a levelised tariff of Rs 2.9l/unit, applicable for 25 years

Following stocks are close to their 52-weeks low as at 12:54 p.m. on May 15, 2019.

The markets on May 15, 2019 opened down. BSE Sensex is trading at 37,458.50, up by 139.97 points and the Nifty is trading at 11,250.15, up by 28.10 points. 

Overall volumes in futures & options currently stand at 1.60 crore contracts with a turnover of Rs. 10,68,438.44 crore.

Finally, after nine days, the continuous fall in the market was arrested. Read on to find how historically returns have panned out going ahead.

Overall volumes in futures & options currently stand at 1.60 crore contracts with a turnover of Rs. 10,68,438.44 crore.

The stock had formed bullish belt hold candlestick pattern near the horizontal trendline support, which signals a shift in the sentiment from bearish to bullish.

The stock of Praj Industries Ltd has formed a bullish engulfing candle on the daily scale.

The 100-DMA (11,132) is likely to act as an immediate support for the index, followed by the 200-DMA (11,036). On the higher side, the identical high of the last two sessions, which is near about 11,300, is likely to act as an immediate resistance for the index. Stocks in news: Wockhardt, Datamatics Global Services,Vodafone Idea, Future Supply Chain Solutions, NTPC, GIPCL, Orchid Pharma.

The outlook for the day is a flat start with negative bias in early trade. At the time of writing, the SGX Nifty was trading marginally lower by 20 points at 11,241 level. The results scheduled today are Amara Raja Batteries, Jubilant Food, Lupin, Manappuram, Petronet and Torrent Power.

Tata Motors has entered into partnership with Aaron Travels to deploy electric vehicles in Mumbai. The shares of Tata Motors rose 2 per cent around closing hours.

The Indian benchmark indices BSE Sensex and NSE Nifty emerged in the green today after bleeding red for straight nine sessions. The Sensex closed at 37318.53, up by 227.71 points, while Nifty closed at 11,222.05, up by 73.85 points.

The stocks that are likely to witness significant movement on the bourses on May 15 are NMDC, Edelweiss Financial Services, GIPC, Sharda Cropchem and Almebic Ltd.

The general elections 2019 is in its last phase and volatility has been increasing. Despite this, there were stocks that attracted fund managers in the month of April 2019.

Lupin Limited has announced that it has received the Establishment Inspection Report (EIR) from the USFDA for the Post marketing Adverse Drug Experience (PADE) inspection, indicating successful closure of the inspection.

L&T Infotech’s wholly-owned subsidiary Syncordis S.A. has announced its strategic global partnership with Temenos, the banking software company.

Following stocks are close to their 52-weeks low as at 2:41 p.m. on May 14, 2019.

PPF is one of the most popular investment options for investors looking for good returns, tax saving and safety of investment. So, how does it fare when compared with debt MFs? Let’s find out.

Glenmark Pharmaceuticals Inc., USA, has been granted final approval by the USFDA for Esomeprazole magnesium delayed-release capsules USP, 20 mg and 40 mg, a generic version of Nexium delayed‐release capsules, 20 mg and 40 mg, of AstraZeneca Pharmaceuticals LP. 

The markets on May 14, 2019 opened flat. BSE Sensex is trading at 37,446.26, up by 355.44 points and the Nifty is trading at 11,253.75, up by 105.55 points. 

SRF Limited has announced that it has entered into a definitive agreement to sell its engineering plastics business to DSM, which is the life sciences and materials sciences company. SRF is a chemical-based multi-business company engaged in the manufacturing of industrial and speciality intermediates.

Overall volumes in futures & options currently stand at 1.07 crore contracts with a turnover of Rs.7,20,742.67 crore.

Overall volumes in futures & options currently stand at 1.07 crore contracts with a turnover of Rs. 7,20,742.67 crore.

The zone of 28425-28350 is likely to act as crucial support for the index as it is the confluence of horizontal trendline support and 100-day exponential moving average.

Considering the daily time frame, the stock of Havells India Ltd formed a double inside day pattern near 100-day exponential moving average. The double inside bar is a price action candlestick pattern where two inside bars form successively.

The zone of 11,035-11,070 would now act as a strong support level as it is the confluence of the 61.8 per cent retracement of the entire upmove from the low of February to the April high and the rising 200 DMA. With the RSI almost near the oversold region of 30 and after a continued descend in the last nine trading sessions, Nifty has created scope for a technical pullbacks, which are likely to be resisted around the levels of 11,220 followed by 11,300. Stocks in news: Lux Industries, Engineers India, Tata Power, Avadh Sugar & Energy, Delta Corp, Shankara Building Products, Bajaj Finance, D-Link.

With China retaliating against the US with punitive tariffs, the global markets felt the pain and are bleeding red. The SGX in early trading is showing weakness of 0.90 per cent and this clearly indicates that a gap-down opening is in store for the Indian markets. Now, for the Nifty, the final ray of hope is 11,035 level as it is the 200-DMA.

The Index of Industrial Production (IIP) has contracted by 0.1%. This was against the consensus growth expectation of 1.2%.

Meanwhile, foreign investors have taken out the net amount of Rs 3,207 crore from the Country's capital market in the first week of May amid US President's decision to impose tariff on USD 200 billion products imported from China. In addition to this, uncertainty over the election result also weighed on the market sentiments.

The company is hoping that this approval would help to further expand its footprints in Latin America. The company’s Unit 1 is currently catering to emerging markets of Latin America and Africa with a variety of dosage forms such as tablets, capsules, softgel capsules, suppositories, liquid orals and topicals.

Ester Industries and a global chemical leader have entered into a long term agreement to supply innovative polybutylene terephthalate polymers.

The stocks that are likely to witness significant movement on the bourses on May 14 are Tata Power, HDFC, Hero MotoCorp, Safari Industries and Nestle.

FEMA (Foreign Exchange Management Act) allows NRIs to buy any type of insurance in India. So, should you as an NRI buy one? Let’s find out.

On Monday, Pennar group informed the bourses that it has received orders worth Rs. 311 crore for the month of April across its various business verticals.

Chlorthalidone tablets are used to treat hypertension. These are also used to reduce extra salt and water in the body caused by conditions such as heart failure, liver disease, and kidney disease.

Following stocks are close to their 52-weeks low as at 12:53 p.m. on May 13, 2019.

The markets on May 13, 2019 opened gap down. BSE Sensex is trading at 37,477.56, up by 14.57 points and the Nifty is trading at 11,267.20, down by 11.70 points. 

Overall volumes in futures & options currently stand at 1.00 crore contracts with a turnover of Rs. 6,73,089.52 crore.

Overall volumes in futures & options currently stand at 1.00 crore contracts with a turnover of Rs. 6,73,089.52 crore.

The last eight sessions' descend of about 4.6 per cent has pulled the index towards its crucial support area of 11,180-11,227. In the coming session, holding above this support level would keep the pullback options open.  Else, there would be extension of correction, where the important long term moving average of 200 DMA (11,034) is likely to act as a strong support. On the upside, the pullbacks are likely to be resisted at 11,370, followed by 11,425 levels. Stocks in news: Shankara Building Products, Kridhan Infra, Trident, GAIL, HPL Electric & Power, UPL, Transpek Industry, Tata Steel.

Indian markets have to face a double whammy at the start of the week as India’s industrial output contracted 0.1 per cent in March, recording a 21-month low, due to slowdown in manufacturing sector and the world’s two biggest economies seemed at the end of the road over trade negotiations on Sunday as Washington demanded promises of concrete changes in Chinese law and Beijing said it would not swallow any ‘bitter fruit’ that harmed its interests. At the time of writing, the SGX Nifty was trading lower by 40 points at 11,244.

The stock has strong support in the zone of Rs. 113.85 - Rs. 114.90 as it has an unfilled upside gap which was formed on May 10, 2019. While on the upside, the 20-day EMA is likely to act as immediate resistance, which is currently placed at Rs. 127.55 level.

At present, near the horizontal trendline support, the stock had formed a Doji candle on the weekly scale. The Doji represents indecision in the stock.

The stocks that are likely to witness significant movement on the bourses on May 13 are GAIL, Eicher Motor, Zen Technologies, V-Mart Retail, ITC and HDFC.