The Reserve Bank of India and the Monetary Policy Committee (MPC) during its first bi-month monetary policy meeting on Thursday cut the benchmark repo rate by 25 basis points (bps) to 6.00 per cent.

Godrej Properties has entered into a joint venture (JV) with a renowned developer to build a 4.25 acres sea-facing property in the prime suburban micro-market of Bandra West, Mumbai. The shares of the company rose 2 per cent in the morning session on Thursday.

Reliance Industries’ subsidiary Reliance Jio Digital Services (RJDSL) has entered into a business transfer agreement with Haptik InfoTech, India’s leading conversational Artificial Intelligence (AI) platform. The transaction size is estimated to be Rs. 700 crore with Rs. 230 crore as consideration for the initial business transfer and the balance for growth and expansion. The acquisition will result in Reliance holding 87 per cent of the business and Haptik founders and employees holding the remaining 13 per cent via stock option grants.

Good IPO offering days are back. Leading cable and electric goods manufacturer Polycab India's Initial public offering (IPO) opens on Friday, April 5, 2019. The IPO consists offer for sale of up to 1,75,82,000 equity shares and a fresh issue to raise Rs. 400 crore.

Overall volumes in futures & options currently stand at 1.43 crore contracts with a turnover of Rs. 9,80,410.34 crore.

Overall volumes in futures & options currently stand at 1.43 crore contracts with a turnover of Rs. 9,80,410.34 crore.

The level of 11,620 is a crucial support level for the index and if the index fails to hold this support, expect corrective action to continue and the index may test level of 11,570, followed 11,500. In today’s session the outcome of RBI monetary policy will provide further direction to the markets. Stock in news: Reliance Industries, Gujarat Gas, Godrej Properties, Godrej Agrovet, Coffee Day Enterprises, Mahindra and Mahindra, SRF, Shriram Transport Finance, CEAT.

Indian markets are expected to open the session with modest gains as, at the time of writing, SGX Nifty was quoting around 11,742, up by 29 points. Market participants would keenly watch the outcome of the RBI monetary policy which is due today. We would advise our readers to await the credit policy announcement before attempting any serious trades.

Small savings schemes offered by the government come in different shapes and sizes. Read on to know more about the interest rates offered by different schemes and how to use them.

Mahindra & Mahindra Limited, the world’s largest farm tractor manufacturer by volume has announced that it has become the first Indian tractor brand to roll out 3 million tractors. This manufacturing milestone has been achieved by the company during the month of March 2019.

Although some recovery was seen in the small-cap and mid-cap stocks over the last two months, around 73 companies hit 52-week low on the last trading day of FY19, i.e., March 29, 2019. All these companies were small-caps with majority stocks having market cap less than Rs. 100 crore. Only 7 companies belonged to the market-cap between Rs. 150 crore to Rs. 3,250 crore.

Amara Raja was trading down on Wednesday after the company announced that it has terminated an agreement with Galla Family and Johnson Controls (JC).

The stocks that are likely to witness significant movement on the bourses on April 4 are Cadila Healthcare, Graphite India, HDFC Bank, J&K Tyre and Ashok Leyland.

Raymond Group, which is well-known as a fashion and textile retailer has forayed into real estate development segment. It has set up a new division named ‘Raymond Realty’ through which it has undertaken the project to build quality housing for all. The central theme for this new venture as decided by the company is ‘Go Beyond’.

State-owned rail infrastructure financier Rail Vikas Nigam Limited (RVNL) is slated to be the first successful Initial Public Offering (IPO) of FY2020. At 14:15 hours on Wednesday, the IPO was oversubscribed with enthusiastic participation from retail investors.

India’s leading consumer product company Marico updated it fourth quarter operating performance. The company’s rural demand grew at a higher pace compared to the urban region.

Though nowadays everyone is aware of mutual funds and are investing in them, there are people who are new to mutual funds. So, how should you be approaching mutual funds if you are new to it? Read on to find out more.

Following stocks are close to their 52-weeks low as at 1.02 p.m. on April 03, 2019.

The markets on April 03, 2019 opened gap up. BSE Sensex is trading at 38,180.39, up by 123.74 points and the Nifty is trading at 11,737.35, up by 24.15 points. 

Lupin Limited has announced about the successful completion of the United States Food and Drug Administration (USFDA) inspection at its Lupin Bio-research Centre (LBC) without any observations.

Bharat Forge stock was under pressure on Wednesday as the company registered a sharp decline in Class 8 truck orders in North America.

HEG Limited is set to increase its stake in its associate company named Bhilwara Energy Limited (BEL). Currently, HEG’s stake in BEL is 29.48 per cent which will be increased to 49 per cent.

Many people are in dilemma as to which insurance company’s term plan they should opt for and they often check two things. The first one being the claim settlement ratio and the other being premium. But are these sufficient things to look before buying term insurance? Let’s find out.

The BSE Sensex opened positive on Wednesday at 39,167.05 and hit an all-time high of 39,266.85 in early trade ahead of RBI's monetary policy announcement scheduled for Thursday. 

Overall volumes in futures & options currently stand at 1.11 crore contracts with a turnover of Rs. 7,56,602.32 crore.

Overall volumes in futures & options currently stand at 1.11 crore contracts with a turnover of Rs. 7,56,602.32 crore.

It is important for the index to hold above the April 1 opening gap (11,630-11,645), as failing to hold above this zone would open the gates for some correction towards the level of 11,570. The level of 11,570 will be closely watched as this would be a crucial support level in the near term for the index. Stock in news: Essel Propack, Jet Airways, HEG, Wipro, HUDCO, HFCL, Lumax Auto Technologies, Rushil Décor, Marico, TCS, IGL, Infosys.

The strength visible in Asian peers and SGX Nifty is signaling that Nifty may open around 11,800 mark and we expect the bulls to continue their upward march at the opening bell. But the question remains whether Nifty spot market will touch its record high level and trade in the uncharted territory. It looks possible as long as Nifty manages to hold above the previous session low of 11,655.

Indraprastha Gas (IGL) informed the bourses that it has secured three letters from Petroleum and Natural Gas Regulatory Board (PNGRB) for grant of authorization to the company for development of city gas distribution network in the geographical areas of Kaithal District, Ajmer, Pali and Rajsamand District & Kanpur (except area already authorized) District, Fatehpur and Hamirpur districts.

Auto major Tata Motors' stock was buzzing on Tuesday reacting to the guidance that Jaguar Land Rover (JLR) sales is expected to increase in Q4FY19. Tata Motors closed with gains of Rs. 15.65 or up by 8.36 per cent at Rs. 202.80 per share.

Hi-Tech Pipes reported highest ever sales volume for the quarter ended on March 2019. The company’s Q4FY19 volume surged nearly 45 per cent to 80,055 metric ton from 55,282 metric ton in the corresponding quarter of the previous year. 

The stocks that are likely to witness significant movement on the bourses on April 3 are Thomas Cook, Setco Automotive, NTPC, Meera Industries and Kamdhenu Limited. 

Sterlite Technologies announced a collaboration with Telecom Infra Project (TIP) to create an optical transport controller to manage and control Voyager and Cassini platforms developed by TIP members.

Strides Pharma Science’s step-down wholly-owned subsidiary, Vensun Pharmaceuticals, Inc., USA and its partner Pharmaceutics International, Inc. (Pii) have received approval for jointly developed Potassium Chloride Extended-Release Tablets.

Leading software service provider Cyient announced the business update for Q4FY19 on Monday, reacting to which the stock of Cyient touched its 52-week low.

Following stocks are close to their 52-weeks low as at 2.20 p.m. on April 02, 2019.

The markets on April 02, 2019 opened flat. BSE Sensex is trading at 38,956.79, up by 84.92 points and the Nifty is trading at 11,688.60, up by 19.45 points. 

Steel Strips Wheels (SSWL) reported its performance for the month of March. The company managed to clock net turnover of Rs. 151.60 crore in March 2019, which represents nearly 10 per cent fall from March 2018.

India’s leading two and three-wheeler maker Bajaj Auto issued a press release in reporting its sales numbers for the month of March, on Tuesday.

On the first day of the fiscal year 2019-20, the real estate developers Godrej Properties announced its Q4FY19 performance. The company in its exchange filing said that in the recently concluded quarter it recorded the highest ever booking and sold around 2,900 homes.

The pharma company was issued an Establishment Inspection Report (EIR) for its Pithampur Unit-3 plant located near Indore, Madhya Pradesh, the company announced on Tuesday.

The IPO of Rail Vikas Nigam (RVNL) was subscribed 18 per cent on Monday. RVNL operates under the Ministry of Railways.

The stock has formed Dark Cloud Cover candlestick pattern on the daily scale. The Dark Cloud Cover is a bearish reversal candlestick pattern.

Overall volumes in futures & options currently stand at 92.45 lakhs contracts with a turnover of Rs. 6,43,893.84 crore.

Overall volumes in futures & options currently stand at 92.45 lakhs contracts with a turnover of Rs. 6,43,893.84 crore.

The level of 11,570 will be closely watched as this would be a crucial support level for the index and if there is any follow-through move below this level, expect a correction in the index, while on the higher side, the levels of 11,700 and 11,760 will continue to act as a stiff resistances. Stock in news: SSWL, Cipla, Bharat Road Network, Tata Power, Stride Pharma Sciences, Dr Lal PathLabs, Godrej Properties, HCL Technologies, Coal India.

Indian benchmark indices are likely to open the session with modest gains following strong leads from the Wall Street and optimism seen among the Asian peers. At the time of writing, the SGX Nifty was up by 11 points at 11,745. Market participants will keep a watch on Nikkei Manufacturing PMI for the month of March, which is due for release today.

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

The stocks that are likely to witness significant movement on the bourses on April 2 are Sadbhav Infrastructure, Lupin, Gateway Distriparks, Sambhaav Media and PVR.

NCC informed the bourses on Monday that it has bagged orders totalling to Rs. 4,619 crore without GST in the last month of FY19.

Nifty Auto accelerated by 76.05 points or 0.91 per cent and made intraday high of 8,492.35 and settled at 8,411.40. A major contributor to this gain was Tata Motors, as it jumped nearly 7 per cent on the expectation of better JLR numbers in Q4.

The first real estate REIT to be listed on the Indian exchanges traded stably on its first day of trading. The real estate investment trust (REIT) traded up by more than 4 per cent intraday on Monday.

The shares of Intellect Design Arena, a leading B2B fintech company, jumped by nearly 7 per cent on winning a large deal in North America. This is the highest ever deal won by the company.

The company has paid a one-time settlement amount of US$135 million, on Friday. Lately, Jubilant Pharma had raised unsecured bonds of US$200 million which was utilised for the repayment of the said loan.

The year FY19 was quite volatile for the equity market. Read on to find the winners and losers among equity mutual funds.

Following stocks are close to their 52-weeks low as at 1.02 p.m. on April 01, 2019.

SpiceJet was trading positive after the company declared the launch of 28 new flights. Under the government’s UDAN scheme, SpiceJet has launched 14 new flights, connecting the unserved regions of Jharsuguda, Kishangarh and Lakhimpur to key metros and cities across the country.

The markets on April 01, 2019 opened gap up. BSE Sensex is trading at 38,993.96, up by 321.05 points and the Nifty is trading at 11,708.85, up by 84.95 points. 

Risk profile has its own significance while investing in mutual funds. However, many a time, conservative investors avoid investing in equities. So, should they continue doing so? Let’s find out.

The company has informed the bourses that it has received notice from the Gujarat pollution control board to shut down its Dahej plant. This notice was on a result of non-compliance with the provisions of Water (Prevention and Control of Pollution) Act, 1974.

Indian equity market scaled new highs on the first day of the fiscal year 2020. Following global cues, the BSE Sensex and Nifty50 were up 0.81 and 0.62 per cent in the morning session on Monday.

Overall volumes in futures & options currently stand at 72.28 lakhs contracts with a turnover of Rs. 4,97,595.29 crore.

Overall volumes in futures & options currently stand at 72.28 lakhs contracts with a turnover of Rs. 4,97,595.29 crore.

Considering the daily time frame, the index has formed a reversal hanging man candlestick pattern. Additionally, the sectoral sentiment indicators suggest extreme overbought for the index as all the stocks are trading above its 200-day simple moving average, which suggest index is likely to witness some consolidation in coming days.

The Friday’s session low of 11,570 is very crucial for the bulls, as holding about this level would enable Nifty to challenge its record high level of 11,760. On the other hand, a failure to hold this support would invite some profit-booking, in which case the level of 11,520 may provide support. Stock in news: Welspun Corp, Cipla, Titan, Jindal Drilling and Industries, Inox Leisure, Tata Motors, EIH Associated Hotels, Mahindra and Mahindra, SRF.

As per early indications from the SGX Nifty, the Friday happy ending is likely to continue on the bourses. It is going to be a buoyant start to the new fiscal as, at the time of writing, the SGX Nifty was up by 51 points at 11,727. Traders will keep an eye on auto sales figures for the month of March, which will start coming in from today. Also, India’s infrastructure  output for the month of February and the external debt are scheduled to be announced today.

Bharat Heavy Electricals has given a downward sloping trendline breakout formed by connecting swing highs from October 2010, considering the weekly time frame. The breakout was supported by robust volumes. Additionally, the stock formed a sizeable bullish candle on breakout day, which adds strength to the breakout.

The stock of Delta Corp has formed a bearish engulfing candle after touching downward sloping trendline resistance and it coincides with the double top zone of Rs. 265.90 - 265.50 which suggests bears are taking control near the short-term resistance zone.

Marico Ltd was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout. The Bollinger Band squeeze occurs when volatility falls to low levels and the Bollinger Bands narrow. A volatility contraction or narrowing of the bands can foreshadow a significant advance or decline. 

It might be hard to believe, but four IPOs of FY2018-19 beat the benchmark indices in terms of returns, Fine Organic is one of them. Read on to know more...

The stocks that are likely to witness significant movement on the bourses on April 1 are Kalapataru Power Transmission, Indico Remedies, Cadila Healthcare, GAIL & BHEL and L&T 

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The Mumbai-based diagnostics company, Metropolis Healthcare Limited (MHL) is hitting the capital market with its maiden IPO. Read on to find should you subscribe to the issue. 

ICICI Bank expects its mortgage portfolio to exceed Rs. 2 lakh crore by March 2020 on account of robust demand from buyers of affordable homes.

Following stocks are close to their 52-weeks low as at 1.09 p.m. on March 29, 2019.

The markets on March 29, 2019 opened gap up. BSE Sensex is trading at 38,627.35, up by 81.63 points and the Nifty is trading at 11,594.85, up by 24.85 points. 

Suven Life Sciences on Friday informed the bourses that it has secured one product patent from Eurasia, one product patent from Europe, one product patent from South Korea and one product patent from Sri Lanka.

Wabco India’s parent company, Wabco Holdings Inc., a US-based company listed on the NYSE, has plans to merger with ZF Friedrichshafen AG, a privately-held global leader in driveline and chassis technologies. Reacting to this development, the stock of Wabco India soar more than 10 per cent, on Friday.

Overall volumes in futures & options currently stand at 3.43 crore contracts with a turnover of Rs. 22,75,906.54 crore.

Overall volumes in futures & options currently stand at 3.43 crore contracts with a turnover of Rs. 22,75,906.54 crore.

Punjab National Bank (PNB) and PNB Housing Finance (PNBHF) were buzzing in the early morning trade on Friday following stake sales to two large alternative investment firms.

Now the challenge is whether the Nifty will close above the parallel high of 11,572. If yes, the rally will continue with small dips. But only in the instance of a close below the March 25 low of 11,311 that the market will give bearish signals. As long as it closes above this level, every dip is a buying opportunity. Stock in news: Tata Steel, HDFC, Adani Ports, Union Bank of India, TCPL Packaging, Wipro, Bharat Financial Inclusion, EIH, Lupin, Wabco India, Tata Power.

After a scintillating rally on Thursday, the early action in the SGX Nifty suggests that on the last trading day of the fiscal year, Indian markets may take a breather in early trading. At the time of writing, the SGX Nifty was trading at 11,646, down by 23 points.

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The affaire de coeur of the bulls, which started on the Dalal Street since February 19 low, took a pause on March 22. During this period, Nifty registered a gain of just over 9 per cent, but the heartthrob has been the banking index Bank Nifty, which has skyrocketed just over 13.5 per cent and marked fresh all-time high

The government-owned Rail Vikas Nigam Limited (RVNL), is entering the capital market with its IPO. Read on to find if you should subscribe to it.

Infosys has entered into a strategic partnership with ABN AMRO. Shares of Infosys rose almost 2 per cent on an intraday basis.

The shares rallied to move up almost 2 per cent intraday.

The stocks that are likely to witness significant movement on the bourses on March 29 are Tata Motors, Cox & Kings, Lupin, Adani  Enterprises and Bharat Financial Incluion.

Mahindra and Mahindra (M&M) announced a price hike of 0.5 per cent to 2.7 per cent across its range of products with effect from April 1, 2019.

The shares of Bank of Baroda (BoB) gained nearly 2 per cent in the morning trade this Thursday after reports made the rounds stating the possibility of the bank raising funds by selling bonds overseas.

Indian benchmark indices continued their upward rally on Thursday despite it being the last day for the March F&O series. Positive rollover data and a rally in IT stocks fuelled the rally. The BSE Sensex and Nifty50 were up 1 per cent each in the post-lunch session.

Leading third‐party logistics service provider Future Supply Chain signed an agreement with global clothing brand Benetton's India arm to manage and provide pan-India logistics services to the company.

Data Bank

The demand scenario experienced by Bata India has improved in comparison to previous years. The company has been growing in double-digits. A major chunk of the growth has been pouring in from the tier-3 and 4 towns, including the franchise stores.