Elections and Market
Currently, markets are witnessing volatility due to elections and in such a situation I was in a dilemma whether or not to invest in mutual funds.

One of the basic questions in the minds of debt mutual fund investors now is: what will be a suitable investment strategy to adopt after the recent cut in key policy rates by the RBI? This is the second consecutive rate cut by the apex bank in the last few months.

Traders will closely monitor two key levels, namely, 11,540 and 11,710, as we have seen the index has been trading in this range since last four-five trading session. Any breakout on either side of this range would lead to an explosive move. Stocks in news: JSW Steel, Wockhardt, Info Edge, Kansai Nerolac Paints, Sobha, Tanla Solutions, Wipro, TCS.

Markets may begin the day with modest gains as indicated by the SGX Nifty and also, slightly encouraging cues from the Wall Street overnight. At the time of writing, SGX Nifty was trading higher by 22 points at 11,673 level. The much awaited event, the general election will garner the attention of the investors going ahead as the first phase of election in the world’s largest democracy begins today.

Most sugar stocks were trading with losses in Wednesday's trading session.

Investors will be pleased to learn that the dismal scenario in the real estate sector is undergoing substantial transformation and an end to the gloomy sales performance appears to be in sight.

Pharma major Lupin announced the launch of Fluoxetine Tablets USP, 60mg, having received approval from the United States Food and Drug Administration (FDA) earlier.

The financial year just ended saw a sharp downfall in the investment in equity mutual fund schemes. Read to find the reasons. 

The stocks that are likely to witness significant movement on the bourses on April 11 are RSWM, Camson Bio Technologies, Sastasundar Ventures, Marico and NHPC.

In the last fiscal, most stocks were bleeding on BSE and NSE. The public sector undertakings (PSU) stocks were not an exception. The BSE PSU index has been down by 7.6 per cent in the last one year.

The Punjab-based, textile and paper manufacturer, Trident Limited informed stock exchanges about its production details for the month of March 2019, on Wednesday.

The recent Supreme Court rulings regarding EPS have caught everyone’s eyeballs and all are wondering whether or not to opt for the higher EPS. Read on to find out more.

The benchmark indices were down nearly one per cent in the closing hours of trade on Wednesday even as a major poll forecast suggested that the ruling BJP-led NDA might return to power.

GE Power India Limited has won an order worth Rs. 142 crore from NTPC for supply and installation of low NOx combustion system for 10 GW of thermal power plant capacity across India. This is the first large scale project awarded by NTPC for installing low NOx combustion technology at its thermal power plant fleet.

The company received domestic orders for supply of CS Coated Pipes and Stainless Steel Tubes/Pipes, the company informed on Wednesday.

A stock's Beta helps indicate its level of volatility, which can also help figure out whether a particular stock is riskier or not as compared to the benchmark. Read on to know more....

Following stocks are close to their 52-weeks low as at 12.55 p.m. on April 10, 2019.

The markets on April 10, 2019 opened gap down. BSE Sensex is trading at 38,875.45, down by 63.77 points and the Nifty is trading at 11,660.15, down by 11.80 points. 

Praj Industries has signed a Construction License Agreement (CLA) with Gevo, Inc, USA to commercialise the technology for the production of lsobutanol using sugary-based feedstocks, such as juice, syrup and molasses.

Overall volumes in futures & options currently stand at 1.44 crore contracts with a turnover of Rs. 9,74,652.40 crore.

Overall volumes in futures & options currently stand at 1.44 crore contracts with a turnover of Rs. 9,74,652.40 crore.

Info Edge has invested Rs. 6 crore via its wholly-owned subsidiary in Bizcrum Infotech (ShoeKonnect). The company has acquired 60,00,000 @ 0.01 per cent Compulsorily Convertible Preference Shares having a face value of Rs. 10 each. The aggregate shareholding of the company post this investment would be 29.79 per cent on a fully converted and diluted basis.

The stock of Firstsource Solutions has given downward sloping trendline breakout on Tuesday formed by connecting swing highs from December 4, 2018. The breakout was supported by justifiable volumes. Additionally, the stock formed a sizeable bullish candle on breakout day, which adds strength to the breakout.

Sadbhav Engineering Limited was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout.

As Nifty is consolidating since last four days between 11,550 and 11,710, going ahead, a breakout from this trading range would lead to a sharper move on either side. Watch these levels closely and if it closes below or above the support and resistance levels, it will lead to explosive moves. Stocks in news: Majesco, IndusInd Bank, Vodafone Idea, Avenue Supermarts, Praj Industries, Tata Sponge Iron.

Considering the early action in SGX Nifty and the Asian peers, it appears that the Indian benchmark indices are expected to open lower. Digging deeper, scaring the market participants the most is the global growth forecast from IMF as it cut global growth outlook amidst global trade tensions. Also, the US President Donald Trump threatened to impose tariffs on $11 billion worth of European Union (EU) products and the latest statement from the EU suggests these countries will retaliate. At the time of writing, SGX Nifty was trading around 11,709 levels down by 40 points.

Post lunch recovery sends benchmark indices back to their highs. The BSE Sensex closed at 38,939.22, up by 238.69 points or 0.62 per cent, while Nifty50 ended the day at 11,671.95, up by 67.45 points or 0.58 per cent on Tuesday.

The stocks that are likely to witness significant movement on the bourses on April 10 are Bharat Forge, Sundram Fasteners, Tech Mahindra, GSFC and Praj Industries

Gujarat State Fertilizers and Chemicals (GSFC) informed the bourses today that it will start annual shutdown of Ammonia - IV plant of Baroda Unit from April 13, 2019 for a period of 50 days.

Shilpa Medicare has received a tentative approval for its ANDA , Bortezomib for Injection, 3.5mg/vial from the USFDA. Bortezomib for Injection, 3.5mg/vial is a generic equivalent of reference listed drug (RLD), VELCADE used in the treatment of patients with multiple myeloma and Mantle Cell Lymphoma as recommended in the label approved by the FDA.According to IQVIA MAT Q4 2018 data, the US market for Bortezomib for Injection, 3.5mg/vial is approximately US$609 million.

Nomination is often considered to be the first step towards estate planning. However, just having a nomination alone is not enough for wealth distribution. Let’s find out crucial aspects of effective estate planning.

Sobha Limited announced its fourth quarter business update for FY19, on Monday. The company clocked a sales volume of 1,129,268 square feet in Q4FY19 worth Rs. 920.5 crore. The sales value for the quarter was up by nearly 13.3 per cent from the corresponding quarter of the previous year. 

JSW Steel reported a crude steel production of 16.69 million tons (MT) in FY19, registering a growth of 3 per cent over the corresponding period of the previous year. With this, the company achieved 99.6 per cent of its production guidance of 16.75 Million tonnes, given at the start of FY19.

Following stocks are close to their 52-weeks low as at 12.53 p.m. on April 09, 2019.

The markets on April 09, 2019 opened gap down. BSE Sensex is trading at 38,656.41, down by 44.12 points and the Nifty is trading at 11,589.85, down by 14.65 points. 

India's largest paint company, Asian Paints informed the bourses on Monday that a fire broke out at the company's paint manufacturing facility in Vishakhapatnam, Andhra Pradesh

Tata Steel will take possession of Usha Martin’s Jamshedpur steel unit on Tuesday. This is Tata Steel’s second acquisition within a year after its takeover of Bhushan Steel via the NCLT process in April 2018. Tata Sponge will serve as the vehicle for the acquisition of the one million tonne steel business for which it issued preference shares to Tata Steel. The deal was signed in September last year for a consideration of Rs. 4,600 crore.

Overall volumes in futures & options currently stand at 1.16 crore contracts with a turnover of Rs. 7,96,823.86 crore.

Overall volumes in futures & options currently stand at 1.16 crore contracts with a turnover of Rs. 7,96,823.86 crore.

IndiaRF, the fund promoted by Piramal Enterprise and Bain Capital will invest Rs. 992 crore in Panacea Biotec in the form of non-convertible debentures (NCDs) and convertible warrants.

The stock had formed bearish engulfing candle on daily scale, which suggests that bears are taking control. The Bearish Engulfing Candlestick Pattern is considered to be a bearish reversal pattern and usually occurs at the top of an uptrend.

Going ahead, sustaining below the Monday session low of 11,549 would lead to an extended correction towards the 20-day moving average, which is placed at 11,496 level. While, on the upside, the level of 11,710, followed by 11,760, is likely to act as a stiff resistance for the index. Stock in news: Quess Corp, Panacea Biotec, Va Tech Wabag, Asian Paint,  Infosys, Coffee Day Enterprises.

Markets are likely to open flat following a mixed close on the Wall Street overnight. At the time of writing, SGX Nifty was trading around 11,699 level, up with a gain of 16 points.

The domestic mutual fund industry AUM has increased by 2.7 per cent on a sequential basis in the month of March 2019. Read on to find what has led to such increase.

The 20-day exponential moving average, which is placed around 29,530, is likely to act as immediate support, while the major support is placed around 29,150. On the upside, all-time high of 30,648.10 level will be a major hurdle for the index.

The stock had formed Evening Doji Star candlestick pattern. It is a reversal candlestick pattern which is bearish in nature and appears at the end of an uptrend.

The stocks that are likely to witness significant movement on the bourses on April 9 are Paisalo Digital, Tata Steel BSL, Cyient, V-Mart Retail and Vanta Bioscience

Mangalore Chemicals & Fertilizers has started the operations of Ammonia, Urea and ABC plants after the maintenance activities undertaken annually. The shares were trading in green.

Automobile major Tata Motors witnessed a decline of about 3.5 per cent on the bourses on Monday as its wholly-owned subsidiary Jaguar Land Rover (JLR) reported of a decline of 5.8 per cent in sales for FY19.

Zydus Cadila informed the bourses that it has received the tentative USFDA approval to market Lacosamide Tablets in the US market. The said tablets are used to prevent and control seizures. It works by reducing the spread of seizure activity in the brain.

PPF is one of the most trusted products when it comes to saving for retirement. However, NPS has picked up pace in recent years. So, which one is better for you? Let’s find out.

The benchmark index BSE Sensex slid more than 300 points and was near its day's low in the post-lunch session on Monday. The dip can be attributed to the agriculture and rural-focused BJP election manifesto.

TVS Motor Company has launched four new products in Bangladesh. The products include premium motorcycle TVS Apache RTR 160 4V single disc, 125cc motorcycle TVS Max 125, 100cc motorcycle TVS Metro special edition and utility vehicle TVS XL100 Heavy Duty-‘i-Touch Start’. These products will target the growing customer demand in each of their respective segments. The company’s new product offerings are designed to cater to the specific requirements of the Bangladesh market.

The large-cap index has gained around 11 per cent over the last one year to 4,491.64. The large-cap index has touched a 52-week low of 3,867.52 on October 26, 2018 and 52-week high of 4,573.03 on September 3, 2018.

Dish TV India was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout.

Following stocks are close to their 52-weeks low as at 1.05 p.m. on April 08, 2019.

The markets on April 08, 2019 opened flat. BSE Sensex is trading at 38,783.62, down by 78.61 points and the Nifty is trading at 11,628.55, down by 37.40 points. 

OPEC and other countries such as Russia have cut oil production by nearly 1.2 million barrels per day this year. OPEC+ will review this production cut at the end of June this year.

The company is investing in a new range of medium and heavy commercial vehicles (M&HCV) and light commercial vehicles (LCVs). This will help the company to reach in the new regions such as the Middle East, South Asian countries and pockets of Africa.

Sun Pharma has declared the launch of Infugem which will be available commercially in the US. Infugem is the very first and only chemotherapy product available in a premixed and ready-to-infuse formulation. The shares of Sun Pharma opened in green on Monday.

The proposed swap ratio for the Lakshmi Vilas Bank and IndiaBulls Housing (IBH) merger is at a premium to the bank's current share price. The stock hit its upper circuit limit of 5 per cent at Rs. 97.35 per share in Monday's opening session.

Overall volumes in futures & options currently stand at 92.33 lakhs contracts with a turnover of Rs. 6,23,820.25 crore.

Overall volumes in futures & options currently stand at 92.33 lakhs contracts with a turnover of Rs. 6,23,820.25 crore.

NIIT Tech announced that funds affiliated with Baring Private Equity Asia (BPEA) have signed definitive agreements to purchase 30 per cent shareholding of NIIT Tech from NIIT and other promoter entities, leading to an open offer at a price of Rs. 1,394 per share.

Ambuja Cement forms Homing Pigeon candlestick pattern on daily time frame. Homing pigeon closely resembles the harami or inside day pattern, except the both bodies are red rather than opposite in colour.

The 8-day moving average, which is placed around 11616, is likely to act as an immediate support, while the major support is placed around 11,559, which is the low of last week. On the upside, 11,760 is likely to act as a resistance level and sustaining above this level decisively would lead to further acceleration of upward momentum. Stock in news: NIIT Technologies, Eris Lifesciences, Lumax Auto Technologies, Torrent Pharma, Colgate Palmolive (India), Tata Steel, Cadila Healthcare, Infosys.

Indian equity benchmark indices are likely to open the new week on a flat note with a positive bias. The market participants will monitor the earning season which starts this week and that will be a key trigger for the markets. Also, the big event of the general election starts this week with the first round of polling on April 11. At the time of writing, SGX Nifty was trading around 11,776 level, up by 3 points.

Equity as an asset class does witness quite a bit of volatility in the short-term. But should this short-term volatility bother you? Let’s find out.

The stocks that are likely to witness significant movement on the bourses on April 8 are, CMI Ltd, Syngene, Precision Camshafts, Indiabulls Housing Finance, Lakshmi Vilas Bank and Ahluwalia Contracts

Auto stocks fuelled most rallies in the Indian equity markets. Frontrunner index stocks like Maruti Suzuki, Bajaj Auto, M&M have been investors' all-time favourites. But the story has been different this March, automakers announced production cuts and stocks fell. Despite the stress, we have a few surprises. Read on to know more...

India ’s largest sugar and ethanol manufacturer, Balrampur Chini Mills announced that the company's board approved a buyback of equity shares of Rs. 147.68 crore.

India’s top software company, Tata Consultancy Services (TCS) announced that the company BaNCS platform was selected by the Chinatrust Commercial Bank (CTBC) Taiwan to transform and enhance customer experience.

New Fund Offers (NFOs) open for subscription in April.

The IPO of Metropolis Healthcare received a positive response from QIBs and retail investors on Friday, its last day of subscription.

The stock of Lakshmi Vilas Bank was left with only buyers and no sellers as the market was rife with talks that the bank's board was considering merger with IndiaBulls Housing. The stock hit its upper circuit limit of 5 per cent at Rs. 92.75 per share on Friday.

Nifty and Sensex hit all-time highs this week. The rally has seen major participation from Foreign Institutional Investors (FIIs). FIIs fuelled a select group of mid-caps after their correction in the second half of 2018.

The shares of Titan Company gained 2.13 per cent to trade at Rs. 1,129.70 after the company showcased strong revenue growth for the third consecutive financial year in Q4FY19.

PVR Cinemas and CJ 4DPLEX, the world's leading cinema technology company has signed a new deal at CinemaCon 2019 to open 10 ScreenX theatres in India by 2021

The fiscal year 2018-19 the Indian market has gone through a roller-coaster ride, but it finished the fiscal year in a positive note and the benchmark index BSE Sensex delivered a stellar return of around 17 per cent during the fiscal.

Following stocks are close to their 52-weeks low as at 1.05 p.m. on April 05, 2019.

The markets on April 05, 2019 opened gap up. BSE Sensex is trading at 38,750.05, up by 65.33 points and the Nifty is trading at 11,635.30, up by 37.30 points. 

The Board of Directors of GM Breweries Limited has recommended a dividend at the rate of 30 per cent, i.e., Rs. 3.00 per share. The payment of the dividend is subject to the approval of members at the upcoming AGM.

The company has commenced operations in Latin America to strengthen its digital transformation business for its global customers based in that region. Reacting to the development, the stock of Zensar Technologies was up more than 6 per cent in early morning trade on Friday.

Overall volumes in futures & options currently stand at 3.43 crore contracts with a turnover of Rs. 22,38,702.35 crore.

Overall volumes in futures & options currently stand at 3.43 crore contracts with a turnover of Rs. 22,38,702.35 crore.

If Nifty closes below the 11,560 mark, the bearishness will strengthen further in the coming days, while on the upside, failure to get past the level of 11,760 will confirm the double top pattern. Stock in news: Alembic Pharmaceuticals, Britannia Industries, Mold-Tek Packaging, Godrej Properties, Hindustan Copper, Amara Raja Batteries, Mahindra and Mahindra, Titan, Cipla, Bal Pharma, Zensar Technologies, HMT, VIP Industries, Rallis India.

The Indian markets may open the session with an uptick as sentiment remained upbeat among the Asian peers and as overnight cues from the Wall Street were relatively stable. At the time of writing, SGX Nifty was trading around 11,701 mark with a gain of 16 points.

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

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

Review on 1 stocks recommended in past.

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

Fundamental Analysis of 1 Stock (with 180 days horizon).

The first week of the month of April 2019 will go down in the history of stock market as a landmark week as the BSE Sensex for the first time breached the 39,000 mark on the first day of the new financial year, which also happens to be the index's 40th birth anniversary.

The stocks that are likely to witness significant movement on the bourses on April 5 are Vodafone Idea, Bajaj Consumer Care, Newgen Software Technologies and Zensar.

Polycab India (PIL), a Mumbai-based company is hitting the primary capital market with its initial public offering (IPO) of equity shares of Rs. 10 each. Read on to find if you should subscribe to the issue. 

While buying an insurance policy there are various factors one must consider and incurred claim ratio is one such factor. Let’s find out why we should consider incurred claim ratio before buying insurance policies?

GAIL (India) Ltd. is struggling to earn adequate profits in the domestic market owing to the fall of liquefied natural gas prices.

Following stocks are close to their 52-weeks low as at 12.39 p.m. on April 04, 2019.

The markets on April 04, 2019 opened flat. BSE Sensex is trading at 38,865.83, down by 11.29 points and the Nifty is trading at 11,640.15, down by 3.80 points.