As we bid adieu to the current financial year, the DSIJ Family is blissful and proud of having completed 68 Investor Awareness Programmes (IAPs) across various cities in India. The IAPs were met with an overwhelming response from equally excited crowd of equity and mutual fund investors in each of the cities we had visited. 

L&T Construction emerges at the forefront in terms of burgeoning order pipeline yet again as it secures several orders from clients of substantial repute across different states of India.

While investing in MFs people often check out the fund's past returns, even so, how should one analysis returns? Should you go for rolling returns or trailing returns? Let’s find out.

Following stocks are close to their 52-weeks low as at 12.33 p.m. on March 28, 2019.

QueryBoard

The markets on March 28, 2019 opened gap up. BSE Sensex is trading at 38,349.69, up by 216.81 points and the Nifty is trading at 11,517.65, up by 72.60 points. 

Everybody wants strong returns, but do such returns maximize portfolio value if earned early in one’s career or closer to retirement? Advait Dharmadhikari finds out how retirees would benefit from strong returns early into retirement, as against active professionals who would gain from better returns late in their careers.

Reviews

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

The capital ratios of Allahabad Bank are well on their way to significant improvement, owing to the fundraising activities of the company combined with the capital infusion by the government.

Digitisation in India is leading to lower cost of acquiring, servicing and retaining customers. In order to tap this opportunity and empower its MSME partners, the company has devised a five-pronged internet strategy. The company is looking to list more SMEs on its platforms and leverage its strong positioning as a local search engine and online marketplace.

As expected, the last Nifty upward move came to an end on Friday by closing prior bar low. The weakness continued for Monday. Nifty opened with a gap-down on Monday and continued to be in the negative zone through the day. 

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

Markets experienced tremendous swing that lasted for seven consecutive sessions this fortnight. This can be seen as one of the many mood swings that are expected in the run-up to the polls. 

I have been a long time reader of your magazine and always look forward to the quality investment advice.

The stock was buzzing on Thursday as the market was rife with discussions that the company might undertake a majority stake sale deal. The stock was trading near its 10 per cent upper circuit limit.

The recent market performance is a testimony to the fact that all is well when it comes to Indian economy and the overall market condition. We have been saying all this while to all the investors to have faith in the markets. In the long run, the experience is going to get smoother and better in equity markets.

Investors almost always take a pause when a big event is about to unfold. Shohini Nath along with Yogesh Supekar explore the investing opportunities in the current market environment ahead of the national elections, while the DSIJ research team recommends a ‘Model Portfolio’ to invest in.

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

Mutual funds is one of the great investment options that are available in the market. Mutual fund is a pooling together of money obtained from multiple investors which, after careful research, is invested in a variety of asset classes, such as equities, debt, money market instruments, etc. so as to maximise growth in capital. 

Debt funds have often found little presence in investors' portfolios. What investors fail to realise is that debt funds are equally important as they help balance the portfolio. One of the reasons for the imbalance in the portfolio is a lack of knowledge about when and why should one invest in debt funds. DSIJ delves on the importance of debt funds to help investors decide better while investing in various funds.

This is our mutual fund recommendation. Every fortnight , we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same. 

Overall volumes in futures & options currently stand at 2.54 crore contracts with a turnover of Rs. 17,20,336.52 crore.

Overall volumes in futures & options currently stand at 2.54 crore contracts with a turnover of Rs. 17,20,336.52 crore.

Historically, election years have been rewarding for the equity MF investors, so do not wait on the sidelines for the elections to get over, for you might miss the bus if you are not invested.

I really appreciate your work and was eagerly waiting for the Anniversary issue.

The latest figure from the MF industry body AMFI shows that the net inflows into equity mutual funds have slowed down to their lowest level in the last two years. The same is being reflected in MF investments in the equity markets; however, the fall is much steeper.

ICICI Prudential Life Insurance company received a positive response from non-retail investors to the offer for sale (OFS) issue by promoters. The offer for sale was subscribed 3.96 times on Tuesday.

The zone of 11,550-11,572 is likely to act as a stiff resistance for the Nifty and any fresh and sustainable upmove is likely to emerge only as soon as this resistance zone is taken out. Till then, there is a possibility of Nifty once again consolidating with limited upside, while on the downside, the swing low of 11,311 is a crucial support for the bulls and a breach of this support would invite selling pressure. Stock in news: NELCO, DFM Foods, Welspun Corp, NBCC, M&M Financial, Godrej Agrovet.

Indian markets are expected to open a tad lower on Thursday as the global sentiments are weak. The US government's debt yields added to a steep decline in March as the yield on the closely monitored 10-year treasury note dipped to a 14-month low and the US yield curve is only exacerbating matters by inverting. However, there seems to be good news from the weather office as the IMD has predicted robust monsoon in 2019 provided there is no unexpected El Nino phenomenon. Volatility is likely to be elevated in today’s session on the back of March series derivatives expiry. At the time of writing, the SGX Nifty was trading lower by 35 points at 11,411.

Countries largest integrated power company Tata Power informed that it has got an approval from MERC for distribution and generation of 700 MW power.

Yash Papers is contemplating expanding its capacity with a capex plan of approximately Rs. 150 crore. The stocks of the company gained almost 2 per cent intraday.

The stocks that are likely to witness significant movement on the bourses on March 28 are Lupin, Maruti Suzuki, Strides Pharma, Cadila Healthcare and Orient Electric.

The surge in recruitment activity in India has paved the way for success of the placement sector. This has brought in more revenue for both individuals as well as the nation as a whole.

Another railways organization the Rail Vikas Nigam Limited is entering the equity market this week with its Initial public offering (IPO) to raise approximately Rs. 480 crore. The IPO opens on Friday, March 29.

The stock of global pharma company was buzzing on Wednesday after the company announced that its oral dosage plant in Singapore with manufacturing and research capabilities for tablets and hard gelatin capsules was approved by the US drug regulator.

As a retired person many people prefer investing in FDs and manage to make a living with the interest earned from it. So, should you as a retired person go with bank FDs or should you opt to invest in debt funds instead? Let’s find out.

Managing your debt is one of the key things while taking care of your personal finance and step-up EMI can prove to help you in the same. So, can step-up EMI help you create wealth with the help of MFs?

Following stocks are close to their 52-weeks low as at 12.38 p.m. on March 27, 2019.

In an effort to boost liquidity in the market ahead of general election, the country’s central bank, RBI has purchased US$ 5 billion through long-term forex swap auction.

The markets on March 27, 2019 opened gap up. BSE Sensex is trading at 38,411.22, up by 177.81 points and the Nifty is trading at 11,540.25, up by 57.00 points. 

Overall volumes in futures & options currently stand at 1.74 crore contracts with a turnover of Rs. 11,71,155.12 crore.

Overall volumes in futures & options currently stand at 1.74 crore contracts with a turnover of Rs. 11,71,155.12 crore.

Cement prices were on a path of ascension until March 2019. This trend continued until the companies had to roll back the hike to a certain extent in the northern and southern regions due to subdued demand.

Going ahead, the level of 11,510, followed by 11,570, will act as resistance levels, and on the flip side, the level of 11,390 is likely to act as a support level, followed by 11,311. Stock in news: GMR Infrastructure, Meghmani Organics, Persistent System, PNB, Unitech.

The outlook for the day is a flat start with a negative bias in early trading. There could be jitters as former RBI governor; Raghuram Rajan has expressed doubts on India’s ability to grow GDP at 7 per cent if sufficient jobs are not created. Also, he hinted at the confusing signals coming on the quality of data and suggests that the government must come clean on a single reliable source. At the time of writing, the SGX Nifty was trading down by 24 points at 11,500.

Mumbai-based engineering company, Hindustan Construction Company (HCC) agrees to a proposal to monetize its arbitration awards and claims to raise around Rs. 1,750 crore.

The stocks that are likely to witness significant movement on the bourses on March 27 are Unitech, Reliance Industries, ITC, BPCL, Mayur Uniquoters, PNB and Mahindra & Mahindra Financial Services. 

Hyderabad-based Laurus Labs, a leading R&D-driven pharmaceutical company in India, has entered into a strategic partnership agreement with Global Fund for the tenure of 3.5 years.

The said patent would help the company in manufacturing fabric for bath and bed products without the usage of chemically harmful fibers. It also allows the fabric to dry easily. This would bring new opportunities and drive the revenue as bath and bed products which are the highest contributors to the company’s total revenue.

Pennar Industries plans to scale up the number of retail outlets for its branded building products. The company's retail stores for building products is called ‘Build360’. The company plans to increase its total store count from 11 to 42 by 2020.

The benchmark indices BSE Sensex and Nifty50 again surprised in the last leg of trading on Tuesday with a 400 point jump. Sensex closed at 38,233.41, up by 424.50 points or 1.12 per cent and Nifty50 was at 11,493.65, up by 139.40 points or 1.23 per cent. While Bank Nifty was again close to 30,000 level.

Lupin Limited's, through its Japanese subsidiary Kyowa Pharmaceutical, has received an approval to manufacture and sell their biosimilar Etanercept in Japan, said a company release on Friday. The drug is used to treat Rheumatoid Arthritis (RA) and Juvenile Idiopathic Arthritis.

Following stocks are close to their 52-weeks low as at 12.53 p.m. on March 26, 2019.

Leading infrastructure development company KNR Construction received order worth Rs. 233 crore for building a flyover in Salem, Tamil Nadu, the company informed in a press release on Tuesday.

We have listed down top five companies of BSE500 in which mutual funds have increased their holdings and top five companies of BSE500 in which mutual funds have decreased their holdings in the last four quarters, i.e. from quarter ended on March 2018 to quarter ended on December 2018.

The markets on March 26, 2019 opened up. BSE Sensex is trading at 37,862.98, up by 54.07 points and the Nifty is trading at 11,373.65, up by 19.40 points. 

We have listed down top five companies of BSE 500 in which FIIs have increased their stakes and top five companies of BSE 500 in which FIIs have decreased their stakes in the last four quarters, i.e. from quarter ended on March 2018 to quarter ended on December 2018.

Investment in MFs or in any other assets for that matter is often driven by our behaviour. Our behaviour knowingly or unknowingly contributes a lot to our investment decision. So, why behavioural finance is important while investing in MFs? Let’s find out.

Overall volumes in futures & options currently stand at 1.21 crore contracts with a turnover of Rs. 8,26,876.46 crore.

Overall volumes in futures & options currently stand at 1.21 crore contracts with a turnover of Rs. 8,26,876.46 crore.

On the downside, 11,311 is likely to act as a support for the index. Stocks in news: Prabhat Diary, DLF, Suzlon Energy, Grasim Industries, ICICI Prudential Life Insurance Company, Jet Airways and Kalpataru Power Transmission.

Indian markets may open flat with positive bias on Tuesday as cues from Wall Street overnight were mixed, while Asian markets have shown strength in early trading. At the time of writing, the SGX Nifty was trading up by 5 points at 11,370.

The stock of Balkrishna Industries bounced back sharply and formed a bullish engulfing candle after touching 20-day EMA and on the daily scale.

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

Cochin Shipyard Limited (CSL) has received a formal letter of Acceptance of Tender for 9 Floating Broader Outpost Vessels (FBOPs) from the Ministry of Home Affairs, India. The order for these 9 vessels is worth Rs. 270 crore.

The stocks that are likely to witness significant movement on the bourses on March 26 are Thomas Cook, Cochin Shipyard, Ashoka Buildcon, Reliance Infrastructure and Newgen Software.

Jindal Steel and Power Limited (JSPL) has re-started its 1.8 MTPA Direct Reduced Iron (DRI) plant at the 6 MTPA Integrated Steel complex at Angul, Odisha. This was a part of its production ramp-up plan on the back of getting healthy demand for steel in the market.

Beleaguered airline Jet Airways saw a spike of interest in Monday's last trading session on the back of reports that the infamous promoters of the company have agreed to step down from the company's board.

We have listed down top five companies of BSE500 in which promoters have increased their stake and top five companies of BSE500 in which promoters have decreased their stake in the last four quarters, i.e. from June 2018 to March 2019.

Benchmark indices rallied considerably in the month of March 2019 after a lacklustre start in 2019. We analysed several mid-cap companies to study and compile a list of top 5 mid-cap companies. Read on to know more.

Lupin announced that it has received approval for its Sildenafil Tablets USP, 25mg, 50mg and 100mg from the United States Food and Drug Administration (USFDA) to market a generic version of Pfizer’s viagra tablets

Gujarat-based polymer manufacturer, Time Technoplast won orders for supply of high quality, high-pressure PE pipes for water supply project in India.

Following stocks are close to their 52-weeks low as at 2.19 p.m. on March 25, 2019.

Indian Oil Corporation (IOC), a maharatna company, acquired the Abu Dhabi Onshore block 1, the company announced in an exchange filing on Monday.

The markets on March 25, 2019 opened gap down. BSE Sensex is trading at 37,737.27, down by 427.34 points and the Nifty is trading at 11,333.20, down by 123.70 points. 

L&T’s construction arm has won multiple orders from prestigious clients across different states in India. The orders of upto Rs. 5,000 crore include construction works pertaining to buildings & factories and water & effluent treatment segments.

Issues like OPEC’s production cuts and US sanctions on Iran and Venezuela were eclipsed by concerns of an economic slowdown in the US combined with increased inflation expectations. These concerns were a result of bearish statements coming from the Federal Reserve, which led the 10-year treasury yields to touch their lowest levels since early 2018.

The Board of Directors of Precision Camshafts Limited (PCL) have approved the acquisition of the remaining 5 per cent equity stake in Memco Engineering Private Limited. The paid-up capital of the target entity is Rs. 7.2 crore.

The stock has formed a doji candle on the weekly scale. A doji is formed when the opening price and closing price are equal. If the doji occurs alone, it is a signal that there is indecision and must not be ignored.

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

Following global cues, Indian benchmark indices tanked in the early morning session on Monday. As indicated in our market opening article this morning, BSE Sensex and Nifty tracked the global indices to dip more than 360 points and 104 points, respectively.

Britannia Industries was picked by our Bollinger Band squeeze scanner which suggests that the stock is near a consolidation breakout.

Overall volumes in futures & options currently stand at 1.31 crore contracts with a turnover of Rs. 8,95,226.20 crore.

Overall volumes in futures & options currently stand at 1.31 crore contracts with a turnover of Rs. 8,95,226.20 crore.

The zone of 11,350-11,412 is likely to act as a strong support level for the index. Stocks in news: Jet Airways, International Paper APPM, Karnataka Bank, Infosys, Bombay Dyeing and SBI.

The outlook for the day is a shaky start as the landscape of global indices has turned red after the release of a slew of dismal economic data and an inverted yield curve in the US bonds created concerns of a global economic slowdown. At the time of writing, the SGX Nifty was trading at 11,418, down by 51 points.

Read on to know which stocks will be in focus on account of approaching their ex-date for bonuses, rights issue, buyback and dividends during the week.

The index has shown the first sign of weakness and formed bearish engulfing candle on the daily scale. The bearish engulfing candlestick pattern is considered to be a bearish reversal pattern and usually occurs at the top of an uptrend.

The stock of City Union Bank Limited has given a downward sloping trendline breakout on Friday formed by connecting swing highs from August 31, 2018.

The stocks that are likely to witness significant movement on the bourses on March 25 are Greenlam Industries, Alkem Laboratories, Cadila Healthcare, Garden Reach Shipbuilders & Engineers and Ramco Cements.

As every coin has two sides and mutual funds are no different in that sense. Fund managers not only buy but also sell. It becomes equally important to know what they are selling. So, let’s find out.

Alkem Laboratories shed 2 per cent at closing as the company received a pre-approval inspection for a product manufactured at its plant in St. Louis, US.

The Indian indices closed Friday's trading session with sharp fall after initial gains. BSE Sensex and Nifty ended down by nearly 0.6 per cent and 0.56 per cent on the last day of the week, after registering handsome gains on a weekly basis.

Pharma major Lupin launched Levothyroxine tablets for which is had earlier received USFDA approval. The tablets are used to treat hypothyroidism and pituitary thyrotropin suppression.

Caplin Steriles, a 100 per cent subsidiary of Caplin Point Laboratories has received final approval by the United States Food and Drug Administration (USFDA) for its abbreviated new drug application (ANDA) Glycopyrrolate injection USP.