The Road-map of Nifty for the calendar year 2019 and sectors to look at in 2019.

Recently the government has made changes to the National Pension System (NPS), adding to its appeal DSIJ by making it more tax friendly. explains, how despite these changes mutual funds score over NPS as an instrument to save for your retirement.

US indices Dow Jones Industrial Average and the S&P 500 witnessed their worst December since 1931 this year, as investors reacted to the government shutdown, US-China trade woes, hike in interest rates and US President Donald Trump’s offensive comments on US Federal Reserve Chairman Jerome Powell.

Your special story on cyclical stocks was an informative read. The market sentiment seems torn between two opinions – while some are actively advocating investing in cyclicals, others are strongly wary of these stocks.

Your cover story on the equity-linked saving scheme (ELSS)

The year 2018 will be remembered for both sharp surges and drastic declines. We saw BSE Sensex touching new high of almost 39,000 before correcting by almost 15 per cent. This was the second time within a year when the frontline indices fell by more than 10 per cent.

Before we talk about the markets, allow me to wish you all investors a Happy and Prosperous New Year. May the year 2019 bring to you Health, Wealth and Happiness!

Stepping into the New Year is always exciting. To help you make a fresh start, Yogesh Supekar and Shohini Nath explore beaten-down stocks of 2018, while the DSIJ Research Team handpicks a list of such underperforming stocks to add to your portfolio.

Going ahead, the low of 10,735 is likely to act as a crucial support for the index. Stocks in news: Equitas Holdings, Asian Granito, Autoline Industries, Dena Bank, Vijaya Bank, Bank of Baroda, Ashok Leyland and Tata Power.

Indian markets may open flat to slightly higher on Thursday, tracking modest gains in other Asian markets. The SGX Nifty points to Nifty opening around the level of 10,861, up by 29 points. 

The stocks most likely to witness significant movement on the bourses on January 3, 2019 are PNB Housing Finance, Pennar Industries Limited and Pennar Engineered Building Systems, Vijaya Bank, Capacit’e Infraprojects and Kellton Tech Solutions.

The company announced the successful implementation of Optima, a cloud-based artificial intelligent-enabled IoT platform in the oil and gas industry. Kellton proprietary IoT Edge device Envision was used for this project. 

Following stocks are close to their 52-week low as at 16.05 p.m. on Jan 02, 2019.

The markets on Jan 02, 2019 opened up. BSE Sensex is trading at 35,891.52, down by 363.05 points and the Nifty is trading at 10,792.50 down by 117.60 points. 

Capacit’e Infraprojects has bagged an order from Institute of Chemical Technology. The shares of the company reached an intraday high of 3 per cent on Thursday.

The shares of Atul auto rallied as the company reported its December sales number. 

Gold has reached near short-term resistance US$1,287 which is 61.8 per cent Fibonacci retracement level of recent down move started from the high of April 2018 to the low of August 2018.

PNB Housing Finance raised Rs. 1,853 crore, i.e., US$ 265 million, by means of External Commercial Borrowing (ECB) on December 28, 2018. The company intends to utilize the funds for normal on-lending operations.

The year 2018 was supposed to be a year of equity, however, at the end of it, we find debt funds have performed better than equity funds. Read on to find the important lesson it teaches about financial planning and asset allocation

The Nifty PSU Bank Index is designed to reflect the performance of the public sector banks.The Nifty PSU Bank index disappointed investors in 2018 with a negative return of 16.55 per cent as against the stellar return of 24.09 per cent in the calendar year 2017.

Pennar Group acquired orders amounting to Rs. 309 crore across its business verticals and its subsidiary Pennar Engineered Building Systems (PEBS Pennar).

Surya Roshni, Delhi-based fans, steel, lightning, LED and PVC Pipes manufacturing company, informed stock exchanges about winning an order worth Rs. 102.52 crore.

Overall volumes in futures & options currently stand at 97,81,037  contracts with a turnover of Rs. 5,67,489.25 crore.

Overall volumes in futures & options currently stand at 97,81,037 contracts with a turnover of Rs. 5,67,489.25 crore.

Going ahead, a follow-through move above the identical high (10,923) of the last two candles would open up the next leg of the rally towards 10,985 and 11,090. Stocks in news: Jet Airways, Tech Mahindra, Power Grid, Glenmark Pharmaceuticals, Chambal Fertilisers and Chemicals, NMDC, MOIL and IOL Chemicals and Pharmaceuticals.

Indian markets are likely to see a positive opening and extend the upmove at least in the initial part of the trading session. The SGX Nifty indicates Nifty may open around the level of 10,937, up by 14.5 points. 

The stocks most likely to witness movement on the bourses on January 2, 2019 are Atul Auto, Jet Airways, Mahindra & Mahindra, Weizmann Forex and Karnataka Bank.

Auto majors reported a mixed set of sales numbers for the month ended December 2018. With this, Nifty Auto touched a low of 9139.45, down by 53.10 points.

The year 2018 was not great for equity investors as it failed to create wealth for its investors. Nonetheless, there were some funds that succeeded in beating the broader market trend. 

The order involves residential and commercial projects in South India which is worth Rs. 434 crore and civil works for a steel plant in Orissa worth Rs. 162 crore.

Shilpa Medicare Limited (SML) has received USFDA approval for its ANDA filing for Irinotecan HCL injection USP, 40 mg/2ml and 100 mg/5ml (20mg/ml) single dose vials. The stock was buzzing and trade up by 4 per cent on Monday.

Following stocks are close to their 52-week low as at 2.15 p.m. on January 1, 2019.

The markets on January 01, 2019 opened gap down. BSE Sensex is trading at 35,965.94, down by 102.39 points and the Nifty is trading at 10,826.65, down by 35.90 points. 

Realty stocks ring-in the new year with handsome gains. Prestige was up by 5 per cent, while Godrej Properties, Oberoi Realty, Unitech, DLF, Brigade were up by 3 to 2 per cent gains on Tuesday, the first day of the year 2019.

People planning to retire have queries as to whether one can earn regular income from MFs just like pension without taking a lot of risks? Let’s find out.

An open offer has been made to the shareholders of Weizmann Forex Limited (WFL) for the acquisition of upto 27,99,350 fully paid-up equity shares with a face value of Rs. 10 each. 

Overall volumes in futures & options currently stand at 69.60 lacs contracts with a turnover of Rs. 4,12,149.58 crore.

Overall volumes in futures & options currently stand at 69.60 lacs contracts with a turnover of Rs. 4,12,149.58 crore.

Nifty may continue to resist around its 100-day moving average, which is currently placed at 10,909 level and consolidate in a narrow range. A sustainable move above its 100-day moving average would lead to extension of its upmove towards the level of 11,090. Stocks in news: Lupin, Centrum Capital, Bank of Maharashtra, JMC Projects, KEC International and Dynamatic Technologies.

Key benchmark are likely to kick off the new year on a flat note as Asian peers are shut on account of new year holiday. Trading volumes are likely to remain thin as overall participation may be less. The SGX Nifty indicates Nifty may open almost unchanged around the level of 10,921.  

It is largely accepted that there is a negative correlation between portfolio turnover and its returns. Read on to find more about the interplay between the two.

BASF India had initiated a transfer of its pigments business to BASF Colors & Effects India Private Limited, which is a 100 per cent subsidiary of BASF Colors & Effects GmbH, Germany. The company reported a closure of transfer proceeding on Monday.

The stock of HCC was buzzing on Monday after the company reported that its rights issue was oversubscribed. The company raised Rs. 497.58 crore last week.

Government’s move is likely to be a matter of concern for FMCG players like Marico which use copra as their main raw material product. In FY18, out of total raw material used 53 per cent was copra and Kardi seed for Marico.

Many people fear volatility but some of them consider volatility as another opportunity to act upon. So how does volatility matter while investment in mutual funds? Let’s find out.

Following stocks are close to their 52-week low as at 1.48 p.m. on December 31, 2018.

BHEL has bagged order for setting up 660 MW supercritical thermal power plant in West Bengal amounting to Rs. 3,500 crore, informed the company to the bourses on Monday.

The markets on December 31, 2018 opened up. BSE Sensex is trading at 36,090.84, up by 14.12 points and the Nifty is trading at 10,866.55, up by 6.65 points. 

Larsen & Toubro, an Indian multinational technology company, informed the exchanges that the company has won EPC orders worth Rs. 2,084 crore. The company’s power transmission and distribution business won this order for construction of substations of different capacities in Saudi Arabia, Malaysia and in Indian states of Tamil Nadu and Rajasthan.

Investors would be more than happy on Monday, December 31, to bid good-bye to a testing and tumultuous year 2018. As a farewell note to the year that tested our patience, DSIJ looks at the Good, the Bad and the Ugly events of 2018.

Overall volumes in futures & options currently stand at 66.35 lacs contracts with a turnover of Rs. 4,00,246.92 crore.

Overall volumes in futures & options currently stand at 66.35 lacs contracts with a turnover of Rs. 4,00,246.92 crore.

The stock reached near its downward sloping trendline resistance formed by connecting swing highs from September 2017, on the weekly time frame. 

The stock Cummins India Limited formed an outside bar resembling a Bullish Engulfing pattern on the weekly time frame, which indicates bulls were in a dominant position.

Going ahead, the zone of 10,889-10,914 is likely to act as an immediate resistance zone. A sustainable move beyond this zone would infuse further strength in the Nifty, which may take it towards the recent swing high of 10,985. Stocks in news: Power Grid, Ashok Leyland, Bharat Financial, Cadila Healthcare, Asian Granito, IDBI Bank, Oriental Bank of Commerce, Aavas Financiers and CreditAccess Grameen.

Indian markets are likely to witness an optimistic start on the final trading session of the 2018. The SGX Nifty indicates Nifty may open around levels of 10,972 up by 0.46 per cent. 

Equity MFs did not perform that well in the year 2018. So many people have queries as to what next. What should they do whether exit or stay? Read on to find out more.

Uttam Sugar Mills has successfully completed the expansion of its distillery (ethanol) capacity to 150 KLPD from 75 KLPD at the Barkatpur unit. This expansion would help the company to reduce its dependency on the sugar cycle.

HT Media Limited has made an open offer to the public shareholders of Next Mediaworks Limited as per the SEBI regulations. HT Media will acquire upto 1,73,92,157 fully paid-up equity shares of Next Mediaworks from the open market following the merger of the two entities.

The Union government plans to list seven public sector enterprises in 2019. The Cabinet Committee has approved a divestment plan wherein 6 state-owned entities will float an initial public offering (IPO), while one already listed company KIOCL will issue a follow-on offer. 

Bank of India is likely to get the highest amount of Rs 10,086 crore, out of these seven PSBs, followed by Oriental Bank of Commerce, which might get Rs 5,500 crore through recapitalisation bonds, sources added.

The stocks most likely to witness significant movement on the bourses on December 31, 2018 are Peninsula Land, HT Media, Tata Steel, KIOCL and SAIL.

Following stocks are close to their 52-week low as at 1.59 p.m. on December 28, 2018.

The markets on December 28, 2018 opened gap up. BSE Sensex is trading at 36,153.28, up by 346.00 points and the Nifty is trading at 10,881.65, up by 101.85 points. 

The company has set January 7 as the record date for its rights offering wherein Majesco USA's shareholders will be issued subscription rights. This offer will help Majesco raise funds for its recent Exaxe acquisition.

Asset under management of the domestic mutual fund industry at the end of November 2018 shows that investors from B30 prefer equities while the presence of institutional investors in T30 cities tilt asset towards non-equity assets.

Overall volumes in futures & options currently stand at 3.63 crore contracts with a turnover of Rs. 21,62,816.58 crore.

Overall volumes in futures & options currently stand at 3.63 crore contracts with a turnover of Rs. 21,62,816.58 crore.

Going ahead, we expect Nifty to continue its upside momentum; however, the level of 10,882 is likely to act as an immediate resistance.A breach of this resistance will allow the index to scale towards the zone of 10,920-10,950. On the flip side, the gap area which was formed on December  27 (10747.50-10764.45) is likely to act as support for the index. 
Stocks in news: Tata Steel Ltd, Rane (Madras) Ltd, Lemon Tree, Tata Power, Selan Exploration Technology, Kansai Nerolac Paints, Suven Life Sciences.

Indian markets are expected to extend their jubilant run, shrugging of mixed cues from the Asian peers. The SGX Nifty indicates that Nifty could open around the level of 10,867, with a gain of 58 points.    

The stocks that are most likely to witness significant movement on the bourses on December 28, 2018 are Selan Exploration Technology, Hindustan Construction Company, Man Industries (India), Infosys and Suven Life Sciences.

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Dr. Reddy’s Laboratories has bagged the USFDA approval for Sevalamer Carbonate for oral suspension. Shares of the company, however, were trading in the red zone. 

The Union Cabinet has given in principle approval for the strategic sale of 52.63 per cent government stake in REC Limited (REC) to Power Finance Corporation Limited (PFC). The deal also involves the transfer of management control to PFC.

The Board of Directors of Selan Exploration Technology Limited (SETL) announced the buyback of equity shares for an aggregate amount of Rs. 25 crore. They also declared an interim dividend of Rs. 5 per equity share for FY2018-2019.

Following stocks are close to their 52-week low as at 1.54 p.m. on December 27, 2018.

Sun Pharma’s arm, the Massachusetts based DUSA Pharmaceuticals, has been awarded a preliminary injunctive relief from the US court in the case of patent contravention.

The markets on December 27, 2018 opened up. BSE Sensex is trading at 35,884.51, up by 234.57 points and the Nifty is trading at 10,800.60, up by 70.75 points. 

Suven Life Sciences, a biopharmaceutical company, surges by almost 3 per cent as it has secured product patents in Brazil and Eurasia for the treatment of neurodegenerative diseases. The product patent acquired by the company in Brazil will be valid through 2023, while the product patent acquired in Eurasia will be valid through 2024.

When it comes to investment in MFs, which are a relatively safer version of direct stocks investment, people tend to consider them as a risk-free investment vehicle. But they aren't actually risk-free. Let’s find out why your risk profile and MF investments go hand in hand.

In a bid to protect small retailers and brick and mortar shops, the government had reviewed the policy on FDI in e-commerce. The new norms bar e-commerce companies from selling products from their own companies or in which they have stake.

Larsen & Toubro Limited's construction arm won a new order in Andhra Pradesh and Madhya Pradesh in the water and effluents treatment segment.

Overall volumes in futures & options currently stand at 2.45 crore contracts with a turnover of Rs. 15,22,811.79 crore.

Overall volumes in futures & options currently stand at 2.45 crore contracts with a turnover of Rs. 15,22,811.79 crore.

The level of 10,770-10,780 is likely to act as a strong barrier for the index as the 200-day simple moving average is placed in this region. A sustainable move above these levels would lead to an extension of the rally up to the levels of 10830-10840. Stocks in News: Sun Pharma, Tata Global Beverages Ltd, NTPC Ltd, Shanti Gear, Vardhman Poly, Alphageo.

The markets are all set to witness a jubilant start on Thursday as cues from the Asian markets are positive after Wall Street posted its largest single-day gain in history. The SGX Nifty Index Future was trading higher by 38 points at 10,800.

The drastic fall in the US equity market presents a unique opportunity to Indian MF investors. Read to know whether you should go for it.

The stocks most likely to witness significant movement on the bourses on December 27, 2018 are Shanthi Gears, Adani Ports, NTPC, Brigade Enterprises and Nagarjuna Fertilizers.

When it comes to investments people are more inclined towards equity MFs. However, it is important to have proper asset allocation mix while investing. So let’s find out how debt MFs performed in the year 2018.

The Board of Directors of Shanthi Gears Limited (SGL) sanctioned the buyback of fully paid-up equity shares for an aggregate amount of Rs. 70,00,00,000. Moreover, they also declared a one-time special interim dividend of Rs. 5 per equity share for FY18-19.

Following stocks are close to their 52-week low as at 12.52 p.m. on December 26, 2018.

The markets on December 26, 2018 opened gap down. BSE Sensex is trading at 35,219.85, down by 250.30 points and the Nifty is trading at 10,596.55, down by 66.95 points. 

After touching a high of almost US$ 84 for a barrel in the September month, crude oil prices are now falling and presently is near US$ 50 a barrel. One of the reasons for this oil price plunge is excessive supply from US. 

Overall volumes in futures & options currently stand at 1.49 crore contracts with a turnover of Rs. 9,38,436.13 crore.