Overall volumes in futures & options currently stand at 1.04 crore contracts with a turnover of Rs. 6,08,670.41 crore.

Overall volumes in futures & options currently stand at 1.04 crore contracts with a turnover of Rs. 6,08,670.41 crore.

Going ahead, the zone of 10,950-10,985, which is now acting as a multi-month resistance zone, will be the key zone to keep an eye on. On the downside, the identical low level of the last two trading sessions which is placed around the levels of 10,813-10,814 is likely to act as a strong support. Stocks in news: Wipro, Coal India, Mahindra and Mahindra, Bharat Financial Inclusion and SRF.

Domestic bourses are likely to make a flat to positive start. The earnings season will continue to garner much of the attention today as a host of companies are reporting their earning today, including ACC, Apollo Tyres, BHEL, CESC, DLF, GAIL, Hind Petro, Marico, PNB, Reliance Iinfra, Tata Global, Tech Mahindra, Torrent Power. In a major development, the Modi government has won a psychological victory as the UK home secretary has approved the extradition of Vijay Mallya to India. 

Capacite’s order book (excluding MHADA) as on December 31, 2018, stood at Rs 7,519 crore. This strong order book gives revenue visibility for the next 4-5 years. The residential segment contributes nearly 77 per cent to the order book, while the commercial & institutional segment contributes around 23 per cent. 

The project comprises of automation with measurement of input and output water quantity and quality at each level through suitable SCADA and other instrumentation works. This will cater drinking water for 919 villages in Keonjhar and Mayurbhanj districts of Odisha.

The stocks that are likely to witness significant movement on the bourses on February 5 are Lupin, Havells, Darjeeling Ropeway, Wipro and Indian Overseas Bank

In the quarter, Insecticides reported EBITDA of Rs. 32 crore which represent growth of almost 39 per cent from corresponding quarter of previous year. With better product mix the company managed to improve its EBITDA margin to 14.8 per cent in Q3FY19 from 13.1 per cent in Q3FY18. 

The watch company reported strong numbers for the December quarter with profits up by 35 per cent and net sales up 34 per cent. The stock hit its 52-week high during the day and closed as the top gainer on Nifty50, up 3.45 per cent on Monday.

Lumax Industries Limited, a D.K Jain Group company, reported a consolidated PAT of Rs. 48.62 crore for the quarter ended December 2018. The company boasted its market share in the Indian Automobile Lighting Business to more than 60 per cent.

Auto majors reported mixed set of sales numbers for the month ended January 2019. With this, Nifty Auto struggled and made an intraday low of 8,325.75, down by 59.05 points at 14:47 hours.

Latest IPO Xelpmoc Design & Tech Limited listed on BSE at a 15 per cent discount at Rs. 56 per share compared to the higher end of its issue price of Rs. 66 per share. In the afternoon session, the stock recovered and was quoting Rs. 58 per share, down 12 per cent from its issue price. 

The recent spate of liquidity issue in some of the corporates has again spooked the debt MF market. Investing in debt schemes that invest in the highest grade of paper makes sense now. 

Fund houses are flooding Fixed Maturity Plans in the markets. So should you consider investing in them? Let’s find out.

Following stocks are close to their 52-week low as at 12.46 p.m. on February 4, 2019.

IndoStar Capital has signed a binding agreement to acquire the commercial vehicle (CV) finance business of India Infoline Finance Limited (IIFL Finance).

The markets on February 4, 2019 opened gap down. BSE Sensex is trading at 36,344.88, down by 124.55 points and the Nifty is trading at 10,849.55, down by 44.10 points. 

You may have stumbled upon the ‘10-year Challenge’ on social media where participants posted two pictures of themselves – one taken 10 years ago and one taken recently. While the initial intent was to just have fun and reminisce about the past; the exercise soon became a metric to assess how aging affected different individuals. We took the concept and applied it to stocks whose present market cap is over Rs. 1,000 crore.

Under this partnership, the total land which would be developed will be around 300 acres located across the prime markets of west and east Pune. These six projects will offer a total saleable area of over 23 lakh square metres which would be developed in multiple phases over the next 10 years.

The stock tanked as the Supreme Court rejects its plea for enhancement of import limit of petcoke for better capacity utilization and expansion. Rain Industries was down 5 per cent at its lower circuit limit in the morning session on Monday.

Overall volumes in futures & options currently stand at 1.49 crore contracts with a turnover of Rs. 9,14,497.31 crore.

Overall volumes in futures & options currently stand at 1.49 crore contracts with a turnover of Rs. 9,14,497.31 crore.

Going ahead, the index needs to move past the zone of 10,950-10,990, and until that time, sustainable upmoves would be difficult to come by. On the flipside, the zone of 10,743-10,845 is likely to remain an important support zone. Stocks in news: VEDL, Godrej Properties, Wipro, Tech Mahindra, Reliance Communications, DHFL and Cyeint.

Indian markets are likely to witness a soft opening and we expect it to pick up momentum as the day progresses. The SGX Nifty indicates Nifty is likely to open around the level of 10,899, marginally down by 12 points. The key earnings on the tap today will be Balrampur Chini, Exide Industries, IDBI, IRB, BBTC, Future Retail, SRF, Whirlpool, NRB Bearing and FSL. 

The following stocks would be in focus during Monday’s trading session in the light of their results announcement on February 4: IDBI Bank, Capacite Infraprojects, Aban Offshore, Exide Industries and KEI Industries.

Other than results, the other important thing that investors watch out for during the earnings season are dividends or bonus shares. Read on to know which stocks will be on investor radar this week.

Many times it happens that you wish to know something but you need to seek the guidance of an adviser. One such thing is retirement corpus. Read on more to find out how you can calculate your retirement corpus.

The interim Union Budget 2019 attempted to alleviate the unemployment crisis plaguing India to a certain extent. Ironically, a report was leaked just yesterday, allegedly revealing that the unemployment rate in India stood at a 45-year high of 6.1 per cent during 2017-18! The government refuted this by stating the study conducted in December 2018 was yet to be approved. This has created much speculation and controversy.

Vedanta has been one of the favourite stocks of mutual fund managers. Post its results announcement, the stock saw a steep fall on Friday, this will impact the performance of funds holding it in their portfolio. Read on to find which schemes will get impacted the most.

In the interim Union Budget 2019, the Finance Minister Piyush Goyal announced several changes to the Income Tax Slab Rates, while also announcing tax exemptions to benefit the middle-class section of the voter base. 

The company that manages India's fastest stock exchange BSE Limited reported consolidated PAT of Rs. 50.07 crore for the December 2018 quarter, which is up 23 per cent QoQ. The company has declared an interim dividend of Rs. 5 per equity share.

The Union Budget 2019 offered a helping hand to the Animal Husbandry and Fisheries sector. The government announced increased allocation for Rashtriya Gokul Mission and 2 per cent interest subvention for farmers engaged in these sectors. 

FM Piyush Goyal in his interim budget speech has allowed individuals to invest in two houses to gain benefits from roll-over capital gains under Section 54 of the Income Tax Act. Also, the FM has exempted individuals from paying tax on notional rental income for the second vacant home. 
  

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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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.