NHPC, a miniratna public sector enterprise, has entered an MoU with Indian Army to construct tunnels at China and Pakistan border areas for storage of ammunition and other war-related equipment.

Gujarat State Fertilizers and Chemicals (GSFC) announced that the company has commissioned 10MW Solar Power Project. This green energy initiative is in addition to its windmill portfolio of 147 MW and Solar Rooftop of 1 MW.

Following stocks are close to their 52-weeks low as at 12:58 p.m. on April 26, 2019.

The markets on April 26, 2019 opened gap up. BSE Sensex is trading at 38,858.32, up by 127.46 points and the Nifty is trading at 11,687.70, up by 45.90 points. 

Rallis India reported its results for the quarter ended March 31, 2018 after market hours on Thursday. The company’s standalone revenue for the quarter came in at Rs. 339.69 crore, registering 8.5 per cent yoy decline.

Largest steelmaker Tata Steel reported its fourth quarter result of FY19, on Thursday. The company’s consolidated revenue from operation for the quarter was at Rs. 42,424 crore, up by nearly 26 per cent from the corresponding quarter of the previous year. 

The Brent Crude oil prices on Thursday hit US$ 75.6 per barrel, a new high of 2019. But later it dipped with the expectation that major oil producers would raise oil production to fill-up for the shortage caused by tougher US sanctions against Iranian oil exports.

The IPO of speciality chemicals company Neogen Chemicals is receiving good response from the investor community. Despite volatility in the equity market, the company's IPO was subscribed more than 2.09 times on Day 2.

Overall volumes in futures & options currently stand at 3.87 crore contracts with a turnover of Rs. 25,68,108.08 crore.

Overall volumes in futures & options currently stand at 3.87 crore contracts with a turnover of Rs. 25,68,108.08 crore.

The zone of 11,540-11,550 is a crucial level to watch out as 11,549 is the current month's low level and the 23.6 per cent retracement for the upmove leg from the low of 10,585-11,856 is placed at 11,556. In case Nifty falls below 11,550-11,540 zone, it may witness some more weakness towards 11,440 and 11,380 levels. While on upside, stiff resistance is placed in the region of 11,760-11,800. Stocks in news: HCL Technologies, Bank of Baroda, Tata Steel, Kotak Mahindra Bank, Apcotex Industries.

Indian markets are likely to open the session on a cautious note as cues from Asian peers and Wall Street overnight were mixed. At the time of writing, SGX Nifty was trading marginally lower by 3 points at 11,726 level. Hero MotoCorp, PEL and Yes Bank are some of the key results in focus today.

Vedanta has received environmental clearance for the expansion of its oil and gas operations in Rajasthan from the Union Ministry of Environment. The Ministry extended its approval after taking into account the recommendations of an in-house expert committee.

Countries largest carmaker announced its fourth quarter results on Thursday. It posted subdued revenue growth of just 0.7 per cent YoY.

Sugar stocks have spiked upwards ever since the government hiked the minimum selling price (MSP) for sugar mills by Rs. 2 per kg. The MSP now stands at Rs. 31 per kg.

Tata Group company Nelco signed a partnership agreement with a communications and IT solutions provider, Speedcast International in Sydney to offer seamless global communications while at sea in Indian waters.

NBCC has submitted its revised bid to acquire debt-ridden Jaypee Infratech. Shares of NBCC were up by one per cent in the morning session.

Generally, D/E ratio should be less than one as it lends financial stability. But there are capital-intensive industries like infra, capital goods, etc whose D/E ratio remain at higher levels compared with companies in other industries such as FMCG and IT, which are like cash-generating machines.

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

200-DMA INDICATOR: This indicator is a measure of the percentage of Nifty 50 stocks that are trading above/below their 200-day moving average. 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.

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

Review on 1 stock recommended in past.

Fundamental Analysis of 1 Stock (with 180 days horizon)

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

Has it been a while since you had a flow of emotions and been seeking for some goosebumps and excitement? Well then, the price action on the Dalal Street for the past five days would have fulfilled all of the abovementioned sentiments.

The stocks that are likely to witness significant movement on the bourses on April 26 are Shriram Transport Finance company, Indiabulls Ventures, GHCL, Dish TV and Atul Ltd.

In the last half hour of trade on Thursday, the BSE Sensex slipped more than 300 points and Nifty followed with loss of 84 points. Mid-cap and small-cap stocks also lost steam after Wednesday's rally.

It’s an old adage that if you do not plan you are planning to fail. This is even applicable to your financial plan. 

Historically, the company has focused on inorganic growth and it aims to grow organically and inorganically in the future too. In line with this aim, the company is doing such an acquisition. Recently, it acquired Henderson Security firm, which is based in Singapore.

The consolidated financial performance of UltraTech Cement for the quarter ended March 2019 stands as follows:

Zydus Cadila informed the bourses that it has received the final USFDA approval to market Leflunomide Tablets USP, 10 mg and 20 mg. The said medicine is used to treat rheumatoid arthritis.

Indian Oil Corporation (IOC) and the United Arab Emirates' (UAE) state-run oil company Abu Dhabi National Oil Company (ADNOC) have entered a long-term sales agreement for supply of high-quality base oil ADbase. IOC will use ADbase oils which has a high viscosity index (VI) to manufacture high-end lubricants for the domestic automobile sector.

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.

Investors are excited about the potential gains that SpiceJet could earn owing to Jet Airways’ dire predicament. This enthusiasm is definitely reflecting in SpiceJet’s share price.

Following stocks are close to their 52-weeks low as at 1:02 p.m. on April 25, 2019.

Under Section 56(2)(x) the Income Tax Act, any amount received in excess of Rs. 50,000 is taxable in the hands of recipient.

The markets on April 25, 2019 opened flat. BSE Sensex is trading at 39,118.63, up by 63.95 points and the Nifty is trading at 11,758.95, up by 32.80 points. 

A bucket list usually has two types of goals, that is, those that are self-indulgent like holidaying at an exotic location or buying a latest gadget, and those that are more purposeful, like further studies. Since it may not be possible for you to focus on all of them, the key is to prioritize them and make the list achievable.

In this edition, we have reviewed Dabur India and WPIL. We suggest our reader-investors to HOLD in Dabur India and WPIL

Yes. PSU funds do perform exceptionally well in election years. If you recall the last election year, i.e. 2014, at that time PSU funds gave average returns of 48 per cent, whereas in other years, the returns have mostly been in the negative.

Query Board

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

India remains one of the fastest growing markets for paper globally and is expected to grow above 6 per cent per annum over the next few years. Paper consumption in the country is expected to witness a substantial jump in the future in sync with economic growth

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

The general elections 2019 have started and market volatility has also started its game. Despite this, let’s find out which stocks attracted fund managers in the month of March 2019.

Public sector companies are now trading at attractive valuations. Advait Dharmadhikari finds out whether PSU companies make good investment bets amid the election season or they are value traps that are best avoided.

Thematic funds are riskier but offer potential for higher returns provided the themes are chosen based on the growth potential of the companies and sectors comprising the theme.

Asset allocation is one of the most important decisions that investors make while making investments. Allocating your investments among different asset classes is a key strategy to minimize risk and potentially increase gains.

Bharti Infratel announced consolidated results for the quarter ended March 2019 and declared interim dividend of Rs. 7.50 per share.

Promoter shareholding serves as an important starting point for stock analysis. Advait Dharmadhikari finds out which companies have seen a change in promoter shareholding over the last four quarters and how this information can be used to make investment decisions.

The said acquisition would help IPCA Lab to further strengthen its API business by adding new molecules in its products basket. In the recent quarter Q3FY19, the API revenue stood at Rs. 230.03 crore contributing nearly 25 per cent to the total revenue.

For many investors, investing experience matters more than returns. They do not want sleepless nights due to volatility in their investment.

PE ratio is the barometer of valuation of a stock or index. However, it is erroneous to look at the PE level of an index or stock and compare it with the historical averages while investing. Rather, for investing, investors should identify those stocks that are trading at relatively lower PEs and the growth is intact in such stocks. Shohini Nath and Yogesh Supekar discuss how much further can Nifty go in-spite of its current high valuations, while Vinayak Gangule highlights the underlying trends for the Nifty constituents.

Indians traditionally consider parents as emergency fund and children as retirement corpus. For the changing times, DSIJ takes you through the financial planning process that will help you build your own corpus to create emergency and retirement fund.

Each time I open my mail I see a fund house launching its new fund and also get calls from my advisor to buy it. However, I had no luck with them. After reading your cover story titled, "New Funds: Are new MFs worth your money?"

NIFTY Index Chart Analysis
Need to remain cautious on the bull side of the market

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

Financial freedom for many of us may be a top priority. Nevertheless, the complexity and diversity of the financial goals of an individual makes most of the financial products inappropriate for the purpose to attain the goals.

Glenmark Pharma, a research-led, integrated global pharmaceutical company has received approval from the Ministry of Healthcare, Russia to market Momate Rhino ( Mometasone Furoate 50mcg) metered nasal spray as an over-the-counter (OTC) product for the treatment of seasonal and perennial allergic rhinitis in patients above 18 years of age.

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

Election fever has gripped the country. The distraction of general elections has brought volatility into the equity market as many investors are waiting on the sidelines for India’s biggest political event to end and usher in a new government at the Centre. 

 I have been a long time subscriber of the magazine. I have come to expect some quality insights from it. Keep it up! 

Markets are at all-time highs and again the investors are faced with the dilemma – whether to hold, buy fresh or sell the investments. While the valuations do not look cheap, we believe the sentiment in the market is at its best as Narendra Modi is expected to win emphatically. Along with a Modi win, the market is also factoring in business-friendly policies from the new government. 

Overall volumes in futures & options currently stand at 2.11 crore contracts with a turnover of Rs. 14,23,405.23 crore.

Overall volumes in futures & options currently stand at 2.11 crore contracts with a turnover of Rs. 14,23,405.23 crore.

We expect the upward momentum to continue, while on the upside, Nifty might face resistance around the 11,760 level. However, sustaining above the level of 11,760 will set the stage for reclaiming the all-time high level of 11,856. On the downside, immediate support is seen around the level of 11,630, which happens to be the 20-day moving average. Stocks in news: Oriental Hotels, Bank of Maharashtra, IPCA Laboratories, SBI, FDC, Jet Airways, L&T.

After a the lull and a hat-trick of declines, the Indian markets saw a scintillating rally on Wednesday with stocks racing to the finish line. However, going by the early trends among the global peers and the SGX Nifty, it seems that markets may open the session flat with negative bias on the eve of April series F&O expiry as there is no clear trend emerging. At the time of writing, SGX Nifty was trading down by 27 points at 11,710 levels. The key results expected to be announced today include Biocon, Maruti, MCX, SBI Life, Nestle India and Tata Steel.

Principal Mutual Fund had launched an open-ended scheme primarily investing in small-cap stocks. The issue closes on May 6

Delhi-headquartered lighting products manufacturer Surya Roshni informed that it has received an order worth Rs. 232 crore, on Wednesday.

V-Mart Retail has opened two new stores, one in the state of West Bengal and other in the state of Uttar Pradesh. The shares climbed up post the news.

Exports of Indian pharmaceuticals products have reported strong growth in FY19, Commerce Ministry data showed. Higher demand from major client base such as North America, Europe boosted the trend.

The stocks that are likely to witness significant movement on the bourses on April 25 are Astron Paper, Tata Elxsi, UltraTech Cement, Hexaware Technologies and Axis Bank.

In the last hour of trade on Wednesday, the BSE Sensex, Nifty and Bank Nifty surged stupendously. Sensex gained more than 500 points. Mid-cap and small-cap stocks also participated in the rally.

We often earn and spend without bothering to keep track of the expenses that we made vis-a-vis the income we earned. So, can tracking your expenses help you create wealth? Let’s find out.

Tata Global Beverages Limited (TGBL) has signed an agreement to acquire the popular brands of Dhunseri. The company's board also announced a 250 per cent dividend.

Following stocks are close to their 52-weeks low as at 12:37 p.m. on April 24, 2019.

The markets on April 24, 2019 opened up. BSE Sensex is trading at 38,644.35, up by 79.47 points and the Nifty is trading at 11,602.10, up by 26.15 points.

The company has received a letter from the USFDA classifying the inspection conducted at its Pithampur (Indore) Unit-2 facility in January 2019 as Official Action Indicated (OAI). The USFDA has stated that this facility may be subject to regulatory or administrative action and it may withhold approval of any pending applications or supplements in which this facility is listed.

Overall volumes in futures & options currently stand at 1.77 crore contracts with a turnover of Rs. 11,89,019.33 crore.

Overall volumes in futures & options currently stand at 1.77 crore contracts with a turnover of Rs. 11,89,019.33 crore.

The zone of 11,540-11,550 is a crucial level to watch out as 11,549 is the current month's lowest level and the 23.6 per cent retracement for the upmove leg from the low of 10,585-11,856 is placed at 11,556. In case Nifty falls below 11,550-11,540 zone, it may witness some more weakness towards 11,440 and 11,380 levels. On the upside, the 20-day moving average placed at 11,613 is likely to act as an immediate resistance, followed by 11,645. Stocks in news: Lupin, NBCC, Tata Power, Tata Global Beverages, SML Isuzu, Tiger Logistics, Maruti Suzuki India, NIIT Technologies, Infosys.

Judging by trends in worldwide stocks markets and early action at SGX Nifty, it appears that domestic benchmark indices will make a happy start. At the time of writing, SGX Nifty was trading higher by 37 points at 11,631 level.  Hexaware, Indiabulls Housing Finance, ICICI Pru Life, M&M Fin, Tata Elxsi and Ultratech Cement are some of the key companies announcing their earnings numbers today.

Neogen Chemicals (NCL), a Mumbai based company engaged into manufacturing of speciality chemicals is hitting the primary capital market to raise Rs 132.35 crore at uppper price band.

The index has formed the Three Black Crows candlestick pattern.The Three Black Crows candlestick pattern is a bearish reversal candlestick pattern. The pattern occurs when bears overtake the bulls during three consecutive trading sessions.

India's largest natural gas company GAIL has emerged as the frontrunner to acquire the stressed wind assets of the collapsed infrastructure financier IL&FS.

The stocks that are likely to witness significant movement on the bourses on April 24 are AU Small Finance Bank, Shree Ajit Pulp & Paper, Rajesh Exports, Meera Industries and M&M Financial Services

Aurionpro Solutions Limited, a leading global IT and IT-enabled service provider, has bagged an order from a leading public sector bank in India for setting up self-servicing KIOSKs at various locations across India.

Syndicate bank and BEML have signed a memorandum of understanding (MoU) for financing earthmoving and construction equipment manufactured by BEML. Under the MoU, BEML will nominate Syndicate Bank as a preferred financer for financing its customers.

TeamLease Services through its wholly-owned subsidiary TL Digital has completed the acquisition of IT Staffing vertical of eCentric by way of business transfer sale arrangement.

When it comes to retirement planning many people just give excuses or give some random answer to avoid it. Most of these views revolve around myths with regards to retirement planning leading people to avoid it altogether. Let’s find out what are they?

Following stocks are close to their 52-weeks low as at 1:07 p.m. on April 23, 2019.

The markets on April 23, 2019 opened gap up. BSE Sensex is trading at 38,710.01, up by 64.83 points and the Nifty is trading at 11,616.15, up by 21.70 points. 

Capacit’e Infraprojects has received two orders aggregating to Rs. 342.38 crore from private sector clients for the construction of commercial and residential buildings at Mumbai.

Overall volumes in futures & options currently stand at 1.23 crore contracts with a turnover of Rs. 8,47,297.92 crore.

Overall volumes in futures & options currently stand at 1.23 crore contracts with a turnover of Rs. 8,47,297.92 crore.

Leading paint manufacturer announced that it has resumed operations at its Vishakhapatnam plant on Monday. The company had reported a fire at the plant in the second week of April.

The level of 11,549 is a crucial support level of the index and the bull camp will closely monitor this level. A sustainable move below the 11,549 level could trigger further correction towards the levels of 11,440-11,400. On the higher side, bulls may face resistance in the range of 11,710-11,730. Stocks in news: Cipla, Biocon, Godrej Consumer Products, Essel Propack, Suven Life Sciences, Hindustan Copper, Symphony, Asian Paints, TCS.

A sharp surge in crude oil prices took its toll on the Indian markets. This was after Donald Trump administration conformed that the 6-month relief granted for purchase of Iranian oil will not be extended beyond May 2. The Indian markets are likely to open the session on the flat note on Tuesday. At the time of writing, SGX Nifty was trading with modest gains of 3 points at 11,620 levels.

Blackstone, one of the world’s leading investment firms, has entered into definitive agreement with Ashok Goel Trust to purchase majority stake in Essel Propack Limited (EPL), which is a leading speciality packaging player and the largest global manufacturer of laminated tubes.