Considering daily time frame, near 100-day EMA the WTI Crude oil forms reversal shooting star candle on January 31, 2018, which suggests supply was located near 100-day EMA.

Farm crisis topped the agenda of acting Finance Minister, Piyush Goyal who presented the Interim Union Budget 2019 on Friday, as the ruling government led by Narendra Modi approaches the end of its term. 

Following stocks are close to their 52-week low as at 2.14 p.m. on February 1, 2019.

The markets on February 1, 2019 opened gap up. BSE Sensex is trading at 36,505.07, up by 248.38 points and the Nifty is trading at 10,923.55, up by 92.60 points. 

In the interim budget of 2019 the government fixed the fiscal deficit at 3.4 per cent for FY20 and the Current Account Deficit is expected at 2.5 per cent of the GDP. The fiscal deficit slippage is owing to the newly announced farm package.

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After the interim budget volatility is likely to increase, we may see some more depreciation at the rupee’s end.

Overall volumes in futures & options currently stand at 3.24 crore contracts with a turnover of Rs. 19,64,632.45 crore.

Overall volumes in futures & options currently stand at 3.24 crore contracts with a turnover of Rs. 19,64,632.45 crore.

The index after touching 200-day EMA bounces back and formed bullish candle on Thursday and also managed to open with upside gap on Friday, which indicates bulls are in a dominant position. This movement can be attributed to the budget's focus on farm and rural sector, and the fact that rural income is a major factor driving FMCG sales.

The stock of Jet Airways was surging in Friday's morning session as the market expected a resolution of its financial crisis with Etihad agreeing to rescue the ailing airline.

Ahead of Interim Budget 2019, Bank Nifty has formed sizeable bullish candle on Thursday and also managed to close above its important short term moving average, i.e. 20-day EMA and 50-day EMA, which suggest bulls were in dominant position.

The stock HDFC Bank Limited after touching 200-day EMA bounces sharply and formed bullish engulfing candle on daily time frame which indicates bulls were in a dominant position.

Markets are eagerly waiting the budget announcement which is expected in the next hour. This budget despite being an interim one is very important for the ruling NDA government with general election just around the corner. Read on to know the top five budget expectations.

Going ahead, the 200-day moving average, which is placed around 10,843, is likely to act as an immediate hurdle, followed by 10,980. Stocks in news: UPL, ICICI Lombard General Insurance, Bank of India, Varun Beverages and Oriental Bank of Commerce.

Key benchmarks may begin the first trading session for the month of February on positive note and once the budget announcement begins we will see the markets reacting to the budget proposals. Traders will be getting encouragement with GST collections in January crossing the Rs 1 lakh crore mark and the statistics office's revision of the growth rate for India’s gross domestic product data for financial years 2016-18 and 2017-18. The GDP growth for FY17 was revised from 7.1 per cent earlier to 8.2 per cent and for FY18 from 6.7 per cent earlier to 7.2 per cent.

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High risk taking investors can take exposure in Titan Company.

Technical Analysis of 1 Stock (with 15 days horizon)

Review on 2 stocks recommended in past

Fundamental Analysis of 2 Stocks (with 180 days horizon)

Volatility to remain ingrained as key events unfold

The following stocks would be in focus during Friday’s trading session in light of their results announcement on February 1: Berger Paints, Dr. Rreddy, Deepak Nitrite, Jubilant Life sciences and Titan.

Arm of L&T, L&T Hydrocarbon Engineering has won two major orders from Indian Oil Corporation Limited (IOC) for Ethylene Glycol project. Shares gain on intraday basis. 

UPL Limited gets picked up by our Bollinger Band Squeeze scanner, suggesting that a consolidation breakout is expected in the near-term. A volatility contraction or narrowing of the bands can foreshadow a significant advance or decline in the stock.

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

In this edition, we have reviewed BCL Industries and ITD Cementation. We suggest our reader-investors to HOLD in both BCL Industries and ITD Cementation

I have some shares of Speciality Restaurants. Is it right to HOLD or should I exit now?

The following table lists top-ranked equity funds based on DSIJ's proprietary research methodology. We have evaluated each funds underlying portfolio of stocks and ranked them based on their expected portfolio returns.

Over the last few years, SIP has emerged as a preferred way of investing for mutual fund investors. This disciplined approach to investing has found its rightful place mainly due to the untiring efforts put in by all the stakeholders of mutual fund industry over the years and the realisation among the investing public that this strategy works very well partly because of “averaging” and partly because, in the long run, markets move upwards, despite bouts of volatility over different time periods. 

Risk is as important as the return of an investor. Therefore, before investing in a fund you should understand the risk involved while investing in the fund.

Following stocks are close to their 52-week low as at 12.44 p.m. on January 31, 2019.

While buying MFs there are many things that are not revealed to you by the salesperson. DSIJ reveals those things for you.

The markets on January 31, 2019 opened gap up. BSE Sensex is trading at 35,967.45, up by 376.20 points and the Nifty is trading at 10,749.40, up by 97.60 points. 

Many people think that tax implications for an NRI on mutual funds is same as that of a resident Indian. So let’s find out whether it holds true or not.

Hey, this is “Mutual Fund” once again. In the last two articles, I had introduced my family members from the equity and debt categories. Now, finally, I will introduce you to my family members from the hybrid, solution-oriented and other categories. So, let’s get started.

The investment in the ELSS not only provides deduction from the gross taxable income (upto the 1.5 lakh), but it also has the potential of ` extent of competitive returns through investment in equities.

India has become the second largest steel producing country as its crude steel production in 2018 surpassed Japan’s production. In 2018, Japan Produced around 104.3 MT steel. India's steel output was at 106.5 MT in 2018, up by 4.9 per cent from 101.5 MT in 2017.

I, along with my three friends, are jointly purchasing an immovable property of Rs 1.8 crore. All four of us will pay separately the purchase consideration, although the agreement is one. Are we supposed to deduct tax at 1% while making payment of purchase consideration as prescribed under section 194IA of the Income Tax Act? 

There is no denying in the fact that among all the options available under section 80C of Income Tax Act, 1961, Equity Linked Savings Scheme (ELSS), as we all know, is the one of the most popular investment avenues.

The equity market has become choppy again and this will be the character of the market until the general election results and beyond, that is, if there is a hung parliament. In these conditions, investing in funds that are well-diversified not only in terms of different capitalisation such as large-cap, mid-cap and small-cap but also in different asset classes makes an investing sense.

Some of SPIL’s key specialty products are expected to be commercialised in the US in FY19.

The Indian stock markets continued to remain under heavy cloud of uncertainty for the fifth consecutive week. The uncertainty is likely to clear in the coming weeks, as one of the pivotal economic event of the country unfolds on February 1, 2019, the interim budget for FY20.

If an investor can work the strategy of tax harvesting with normal portfolio re-balancing, it can be an excellent way to manage investments in a tax-efficient manner 

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

Indian Economy To Continue Its Growth Momentum

Indian benchmark indices have maintained their composure despite the negative headwinds coming from an expected populist budget in view of the farm crisis and political compulsions.

What is your view on private banks? Should I invest in SBI ?

Your cover story on ‘Should you go for SIP with insurance cover?’

The father of passive investing, John Clifton Bogle, better known as Jack Bogle, passed away on January 16, 2019, at the age of 89.

Market is going nowhere as mentioned in one of my previous dialogues. This kind of dull movement in the market may persist till the election results are out. Not much time left for the elections and the results, actually — barely 3 months to go. I am telling you — accumulate as much of quality stocks as you can because I believe the next government is going to be formed by the BJP and it will be a stable government.

Auto stocks have long been investors' favourites. Indeed, some of the quality stocks in the auto sector have created huge amount of wealth for investors. But the moot question now is: Will the auto stocks outperform in 2019? Yogesh Supekar, along with the DSIJ research team, take a look at how auto stocks have performed historically to ascertain whether auto stocks will outperform key benchmark indices in 2019.

Overall volumes in futures & options currently stand at 1.79 crore contracts with a turnover of Rs. 11,19,139.26 crore.

Going ahead, it would be important for the index to defend the 10,580 level as any breach of this level will result in some instability for the very near term. Stocks in news: Bharti Airtel, 63 Moons Technologies, Talwalkars Better Value Fitness, Cadila Healthcare and Ajanta Pharma.

Indian markets look set to open on a firm note on Thursday following strong global cues and as the FOMC statement was deemed to be fully dovish on the US monetary policy. However, as the day progresses, volatility too is likely to remain ingrained in the session on account of January F&O expiry. The SGX Nifty indicates Nifty is likely to open with a gain of 67 points above the 10,700 mark. Bharti Airtel, Chambal Fertilizers, Dabur, Hero Motocorp, Indiabulls Housing Finance, NMDC, Power Grid, Petronet, UPL, VGuard will declare their results today. 

The share price of the Graphite India and HEG have fallen by more than 50 per cent in the last few months. Read on to find which equity mutual funds were impacted the most.

Chalet Hotels (CHL), part of the K. Raheja Corp, which was incorporated in 1956 and has 60 years of experience in residential development, is entering the capital market to raise Rs. 1,641 crore

The following stocks would be in focus during Thursday’s trading session in light of their results announcement on January 31: Dabur, Hero Motocorp, Emami, UPL and Indiabulls Housing Finance.

In the past week, the BSE Sensex index has fallen by 2.7 per cent, that is, by almost 1,000 points. The small-cap and mid-cap companies faced most of the heat.

Surya Roshni has been awarded an order worth Rs. 63.98 crore from Energy Efficiency Services. The shares of the company were volatile in the intraday session on Wednesday.

During the quarter, the company has witnessed 26 per cent YoY rise in total volumes at 12,59,828 units. Its domestic sales increased by 28 per cent YoY to 7,35,111 units and exports increased by 23 per cent YoY to 5,24,717 units. It has registered 38 per cent YoY rise in the sale of motorcycles domestically and 23 per cent YoY rise in exports.

The Board of Directors of Soril Infra Resources Limited approved the composite scheme of arrangement amongst the company, its holding company Indiabulls Integrated Services Limited (IBULISL) and their subsidiaries and Indiabulls Pharmaceuticals Limited (Scheme).

The result’s season creates quite a buzz in the market. Everyone even remotely related to the market keenly waits and watches. The Q3FY19 result season has welcomed us into the year of 2019. As the results are still coming in, let us give you a snapshot of what happened to the banks both private and public that have posted their December end results up until January 29, 2019.

Vinati Organics Limited reported stellar results for the quarter ended December, 2018 on Wednesday. Reacting to the results, the stock of Vinati Organics was up by more than 2 per cent on BSE.

Most of the investors consider MFs as one of the most efficient ways to grow idle money. So let’s understand how to add asset allocation and re-balancing to get most out of it.

RPP Infra Projects has bagged three new orders worth Rs. 252.9 crore. In the last one month, the company has bagged orders worth Rs. 316 crore.

Following stocks are close to their 52-week low as at 12.42 p.m. on January 30, 2019.

The markets on January 30, 2019 opened up. BSE Sensex is trading at 35,610.61, up by 18.11 points and the Nifty is trading at 10,642.55, down by 9.65 points. 

In debt-to-equity swap, banks led by SBI are expected to gain 30 per cent stake in Jet Airways. On the other hand, the airline is fighting severe liquidity crunch with lessors grounding five aircraft belonging to its fleet at metro airports.

Based on the request of Religare Enterprises, the India Ratings & Research Private Limited (IND Ra) has withdrawn the company’s ratings on its debt instruments.

Overall volumes in futures & options currently stand at 1.38 crore contracts with a turnover of Rs. 8,55,503.65 crore.

Kingfa Science & Technology Ltd. reported its results for the quarter ended December 31, 2018 after  market hours yesterday.

Overall volumes in futures & options currently stand at 1.38 crore contracts with a turnover of Rs. 8,55,503.65 crore.

Going ahead, Nifty needs to hold the Doji candle's low of 10,584 to keep the pullback options open towards 10,750 level, as failure to do so would result in extension of corrective decline towards the level of 10,550. Stocks in news: Yes Bank, Coromandel International, Asian Paints and DCM Shriram.

Indian markets are likely to open largely unchanged as cues from Asian peers are dull. The SGX Nifty indicates Nifty is likely to open almost unchanged around 10,697. Ajanta Pharma, Bajaj Auto, BEL, Castrol India, ICICI Bank, Hexaware, IOC, Jubilant Foodworks, LIC Housing Finance, NTPC, Torrent Pharma will declare their results today. 

KEC International reported its results for the quarter ended December 31, 2018 on Tuesday. The company's consolidated revenue for the quarter came in at Rs. 2,646.63 crore as against Rs. 2404.75 crore in the corresponding quarter last year, registering 10.1 per cent YoY increase.

India has become the second largest steel producing country as its crude steel production in 2018 surpassed Japan’s production. In 2018, Japan Produced around 104.3 MT steel. India's steel output was at 106.5 MT in 2018, up by 4.9 per cent from 101.5 MT in 2017.

Strides Pharma Science’s step-down subsidiary Strides Pharma Canada has entered into an arrangement to acquire 80 per cent stake in Pharmapar Inc., a Canada-based specialised generics front-end company. Canada is a new market for the company and one of top 10 global pharmaceutical markets.

Auto Industry in 2018 has gone through a bumpy ride due to various reasons such as higher ownership cost of vehicle owing to an increase in insurance cost and higher fuel prices. Also, on the demand front, the industry witnessed a setback and even in festive seasons, auto sales were muted as automakers failed to lure customers with heavy discounts.

Global investment firm Oaktree Capital purchased loans from DHFL’s wholesale portfolio on a true sale basis. The transaction is in accordance with RBI’s Securitization Guidelines.

Following stocks are close to their 52-week low as at 2.57 p.m. on January 29, 2019.

The markets on January 29, 2019 opened gap down. BSE Sensex is trading at 35,469.83, down by 186.87 points and the Nifty is trading at 10,609.45, down by 52.10 points. 

Mutual fund is one such rare asset-class which has products for people belonging to all risk categories. So is it possible to achieve retirement corpus in a conservative way with the help of conservative hybrid funds? Let’s find out.

The IPO market in the second half of 2018 almost dried up as the market sentiments and situation were not lucrative for companies. But in the start of 2019, Chalet Hotels seems to be betting big on the current market conditions with the launch of its primary issue on Tuesday, January 29.

Overall volumes in futures & options currently stand at 1.45 crore contracts with a turnover of Rs. 8,98,683.35 crore.

Overall volumes in futures & options currently stand at 1.45 crore contracts with a turnover of Rs. 8,98,683.35 crore.

Escorts Ltd. reported its results for the quarter ended December 31, 2018 after  market hours yesterday . The standalone numbers were largely positive with strong top line growth and stable sales volume. 

The company has agreed to divest its SPV in a phased manner to Cube Highways. The divestment of the Hybrid Annuity Model (HAM) project is expected to fetch the company Rs. 73 crore.

Going ahead, the level of 10,600 is likely to act as a support level, followed by 10,550. Stocks in news: TV18 Broadcast, Newgen Software Technologies, Sharon Bio-Medicine, Persistent Systems and Hubtown.

The Indian markets are likely to open soft on the back of weak cues from Asian peers and depressing close on Wall Street overnight. The SGX Nifty indicates Nifty is likely to open around 10,662, down by 25 points. Some of the key companies such as Axis Bank, Bajaj Finserv, Bajaj Finance, Bank of Baroda, Bharat Financial, Godrej CP, HCL Tech, HDFC, MGL, STAR will report their earnings today. 

The company’s board of directors have approved the buyback of equity shares under the open market route for an aggregate amount not exceeding Rs 225 crore at a maximum buyback price not exceeding Rs 750 apiece. Also, it has declared an interim dividend of Rs 8 per share. 

Under this agreement, Greaves Cotton will provide affordable last mile mobility solutions through BS-VI powertrain solutions to Mahindra & Mahindra. These powertrains will be used in Mahindra three-wheelers, which in turn will serve millions of customers.

Knowing risk is the best way to mange it. Read on to find the different type of risk involved while investing in mutual fund.