Another PSU, Ircon International, is set for the IPO which will open for subscription from September 17 to September 19, 2018. The issue consists purely of Offer for Sale (OFS) with 99,05,157 equity shares worth Rs 470.49 crore. The face value of the share is Rs 10 per share. The minimum lot size consists of 30 shares. The issue price per equity share is in range of Rs 470-475. Post allotment, the company will get listed on both BSE and NSE.

Saving is all about sacrificing your present consumption for some future comfort or luxury. Therefore, there should be a compelling reason for you to cut your current spending so that you can enjoy the fruits at some future date. This saving needs to be invested so that inflation does not eat up your purchasing power. There are various instruments and products where you can invest and this can be done through goal-based investment. 

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

Tata Power Solar, the wholly-owned subsidiary of Tata Power and the largest solar company in India, has launched an extensive rooftop solution in Mumbai. With this solution, customers would be able to save up to Rs 50,000 annually for the next 25 years.

NBCC (India) is engaged in providing civil engineering construction services. The company operates in three segments, viz. project management consultancy (PMC), real estate development and engineering, procurement and construction (EPC).

These days, the system immediately intimates you that your return is defective since you have not paid tax or it may process the return and raise tax demand on you

As per the agreement signed between CLP India and Suzlon Group, CLP India has agreed to acquire 49 per cent stake in Gale Solarfarms Limited and Tornado Solarfarms Limited, two special purpose vehicles (SPV) set‐up by Suzlon.

Last year has been quite eventful for the Indian MF industry. DSIJ tracks the big changes and explains how they are going to impact you and the mutual fund industry. We are also recommending 7 best mutual funds that you can buy for the next one year.

Yes Bank has successfully closed a USD 400 million syndicated loan facility, borrowed out of the Bank’s IFSC Banking Unit (IBU) in Gujarat International Finance Tec City (GIFT) and will be utilised to support the IBU’s growing business.

Arun Bhojwani is a veteran in the stock market. He has invested in the markets for more than 20 years now. He has had very few multi-baggers in his portfolio as he has very rarely held any stock in the portfolio for more than one or two years. However, he has managed to beat Sensex year-on-year over these years. "Timely profit-booking is the secret of my portfolio success", say Bhojwani.

I have recently started investing in the stock markets with my savings and have subscribed to your magazine since July. It has been a great learning experience.

This month will mark the 10 years of the great financial crisis that culminated in the fall of the 158-year old financial institution Lehman Brothers Holdings. Indian markets had not remained immune from the crisis and the frontline indices had then fallen by 55 per cent, whereas the broader indices fell by as much as 70% from their peaks in January 2008,

Insurance sector in India is poised to grow in the coming years. With very few listed players in the life insurance segment in India, it would be useful to know if these listed insurance players should be part of a diversified portfolio

Following stocks are close to their 52-week low as at 1.18 p.m. on September 11, 2018.

The markets on September 11, 2018 opened up. BSE Sensex is trading at 37,869.63, down by 52.54 points and the Nifty is trading at 11,423.10, down by 15.00 points.

Global pharmaceutical company, Zydus Cadila has received the tentative approval from USFDA for Sitagliptin. 

The India consumption story is best reflected in the retail sector's growth in India. Gayathri Udyawar finds out what is shaping the retail sector in India and what investors can expect from the sector

On 11^th September, 2018, UltraTech Cement announced its decision to join EP100, thereby committing to double its energy productivity. The company has set a target to lower its carbon intensity by 25 per cent by 2021, as notified in a press release. Thus, this decision reestablishes their commitment toward making considerable improvements in energy productivity, thereby paving the way for sustainable business growth.

JSW Steel, a part of the O.P. Jindal group, was incorporated as Jindal Vijaynagar Steel Ltd (JVSL). The company began its operations in 1999. The company was renamed JSW Steel in FY06 after its transformation into an integrated steel manufacturer. The current capacity of JSW Steel is 18 MTPA, which makes the company India’s largest steel manufacturer. 

We had talked of cautiousness in the Indian stock markets where the benchmark and broader market indices witnessed lack of upside momentum. The bulls were moving up, but with no momentum and with weak market breadth. Finally, the bears grabbed the control and Nifty hit below the 11500 mark, which we had mentioned in the previous issue.

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

Overall volumes in futures & options currently stand at 81.92 lakh contracts with a turnover of Rs. 8,01,491.11 crore.

Overall volumes in futures & options currently stand at 81.92 lakh contracts with a turnover of Rs. 8,01,491.11 crore.

Ajmera Realty & Infra India Limited has informed the bourses that it has acquired 85 per cent stake in Anirdesh Developers LLP. Both the entities belong to the infrastructure industry.

The demand-supply imbalance is pushing the global crude oil prices up. The global crude oil inventories have dipped to critical levels but the demand has remained robust, creating a demand and supply mismatch.

I read your 52-w high-low story. It is very interesting to know the observations that you have shared. I especially thank you for providing us with the list of stocks that are near 52-w lows

Analysts tracking global markets expect a contagion effect to play out in the emerging markets. This may well happen in all emerging markets, thus damaging the growth prospects of individual countries, except India. India is a sound economy displaying its inherent strength to the global investors, as reflected in the latest GDP data.

Going ahead, the levels of 11,390, followed by 11,320, are likely to act as immediate support levels. On the way up, the index has strong resistance in the zone of 11,550-11,600 and the index needs to convincingly pass through this resistance zone if it has to gain some real strength in the near term.  Stocks in news: Sun Pharmaceuticals, Jaiprakash Associates, Container Corporation of India, Manali Petrochemicals, Yes Bank and NMDC.

Markets in India are expected to open with modest losses as cues from Asian peers are mixed.  The SGX Nifty suggests that the Nifty could open lower by 20 points around the level of 11,466.

There are various ways in which an investor defines ‘long-term’. Different investors define long-term in different ways. Read on to find why long-term is more than 10 years.

The following stocks hit 52-week high on September 10, 2018 – Axis Bank Limited, GlaxoSmithKline Pharmaceuticals Limited, JSW Steel Limited, LGB Forge Limited and Lincoln Pharmaceuticals Limited. These stocks might be in action in tomorrow’s trading session.

The company's arm has acquired a Israel-based early stage research company focusing on development of drug candidates for Ophthalmology segment.

BSE along PTC India Limited and ICICI Bank Limited  filed a petition with the power market regulator, CERC (Central Electricity Regulatory Commission) on September 7, 2018 for grant of license for setting up a new power exchange.

The FMCG sector is considered defensive and resilient. However, recently the FMCG stocks were among the top losers on the NSE. The Nifty FMCG index closed down by 1.73 per cent at 30,811.60.

A flagship of TVS Group, the two/three wheeler major, TVS Motors released sales report for its premium brand TVS Apache on Monday. TVS Apache which is one of the fastest growing motorcycle brands has achieved 3 million sales milestone. The stock of TVS recovered from 1.3 per cent loss and is trading flat from the previous close at 14:54 hours.

Jaguar Land Rover sales dropped by 4.9 per cent (YoY) to 36,629 units in the month of August. Consequentially, in the Monday morning trade, the stock of Tata Motors witnessed a 2 per cent drop. The stock reported an intraday high of Rs. 276.30 and an intraday low of Rs. 272 per share.

Hi-Tech Pipes announced the installation of 400 KW grid-connected solar power plant. This rooftop solar project will be conducted at its Hindupur facilities, Andhra Pradesh. The stock of Hi-Tech Pipes is trading up gaining 4.1 per cent at 13:58 hours, despite weakness in the markets.

Power Mech has received a Letter of Intent for several work orders totalling to Rs. 247 crore. The share price of the company has however remained modest.

The equity shares of Add-Shop Promotions Limited (Scrip Code: 541865) were listed on the exchange, on Monday, post its IPO which was open for subscription from August 21, 2018 to August 30, 2018.

Omax Autos held a board meeting on Friday, September 7 where they approved the proposal for establishing a new manufacturing unit in Uttar Pradesh. The stock climbed up 5 per cent intraday post the news.

Tata Communications has unveiled an advanced cyber security response centre in Dubai. The facility was jointly inaugurated by UAE's Minister of State for Artificial Intelligence, Omar bin Sultan Al Olama and Navdeep Suri, Indian Ambassador to the UAE.

Following stocks are close to their 52-week low as at 1.01 p.m. on September 10, 2018.

The markets on September 10, 2018 opened down. BSE Sensex is trading at 38,009.58, down by 384.24 points and the Nifty is trading at 11,461.25, down by 127.85 points. 

Overall volumes in futures & options currently stand at 70.71 lakh contracts with a turnover of Rs. 6,78,182.09 crore.

Overall volumes in futures & options currently stand at 70.71 lakh contracts with a turnover of Rs. 6,78,182.09 crore.

Tata Global Beverages informed the bourses about the restructuring of its international business. The restructure is likely to result in improved synergies, cost optimization and more focus on its core business.

Glenmark Pharma has bagged marketing authorization for Fluticasone/Salmeterol dry powder inhaler in Germany. On launch, the DPI will be the company’s first inhalation product in that country.

Nifty is expected to take support at the levels of 11,520, followed by 11,480.  Stocks in news: Union Bank of India, RITES, Thyrocare Technologies, Omax Autos, Reliance Industries, Reliance Capital, Cyient, Soril Infra Resources and Bank of India.

The Indian markets are likely to see a gap-down opening on the back of weak global cues as Wall Street closed with marginal losses on Friday. This was in the wake of escalating trade tensions between the US and China as the US President Donald Trump threatened more tariffs of $ 267 billion on Chinese goods on the top of the proposed $ 200 billion worth of tariffs already underway.

If you are in need of funds and wish to redeem your mutual fund units, you can do so in two ways—online or offline. The online redemption process is easier and faster than the offline method. 

It is often noticed that car owners often do not know what is covered and what is not covered by their car insurance policy, so when the insurance company rejects their claim fully or partially, these owners are disappointed not knowing why the insurance company did not pay up what they had expected. There are many reasons why an insurance company summarily rejects the claim or pays up only partial amount of damage.

If you are a salaried taxpayer and you were unable to file your Income Tax Return (ITR) on or before the extended deadline of August 31 due to some reason, you have no reason to worry. You still have enough time to file your ITR on or before December 31, 2018, or latest by March 31, 2019. However, if you are a businessman or an independent professional and if your accounts are subject to tax audit, then you can file your ITR on or before September 30, 2018.

The interest rates in India are rising, if the two consecutive repo rate hikes of 25 basis points (bps) each by the Reserve Bank of India (RBI) in the preceding two quarters are any indication. There is a likelihood of another rate hike of 25 bps in the next policy review meeting of the RBI.

All life and health insurance policies come with the statutorily mandatory free look-in period of 15 days. The free look-in period provides the policyholder sufficient time to go through the policy document carefully.

US corners larger share of open-ended assets globally, in relation to its GDP

Domestic MF industry AUM crossed the milestone of Rs 25 lakh crore in the month of August 2018 on the back of higher inflows in liquid and money market segment.  

The stock of Motherson Sumi Systems was buzzing on the bourses on Friday as the company's board considers issuing bonus share.

According to Investment Company Institute (ICI) at the end of the first quarter of 2018, worldwide, AUM of the open-ended scheme has increased by 1.5 per cent to US$ 50.01 trillion. 

The shares of Caplin Point surged 4 per cent intraday after the company received no observations from the US drug regulator for its Gummudipoondi unit.

The stocks that are likely to witness significant movement on the bourses on September 10 are Tata Motors, Ashok Buildcon, Maruti Suzuki, Tech Mahindra and Ashok Leyland. 

The company has commissioned an integrated electric vehicle design, prototype and test facility at its Ennore plant, on Friday.

BSE group and its employees donated Rs. 25 lakh to support people of Kerala who are affected by ravaging flood in the month of August. Incessant rains have caused huge losses in terms of life and property in the state.

Large Indian conglomerate, Lanco Infra is set to face liquidation as it owes over Rs. 44,000 crore to the IDBI bank-led lenders consortium. The liquidation was ordered by the Hyderabad bench of National Company Law Tribunal (NCLT).

Friday morning proved to be dire for Sun Pharma as the stock tumbled by over 5 per cent as the US drug regulator issued six observations questioning the test measures employed by the company at its Halol Plant.

Leading pipe manufacturer, Welspun Corp has entered into an agreement to supply 220 KMT of pipes for an Oil and Gas project in the Americas, said the company in a filing to the bourses.

Following stocks are close to their 52-week low as at 1.09 p.m. on September 07, 2018.

The markets on September 07, 2018 opened up. BSE Sensex is trading at 38,259.29, up by 16.48 points and the Nifty is trading at 11,553.50, up by 16.60 points. 

The Indian rupee settled at 71.99 per US dollar, which is down 24 paise from its previous close of 71.75, on Thursday, when it recorded a new low of Rs. 72.10 per US dollar.

Overall volumes in futures & options currently stand at 2.07 crore contracts with a turnover of Rs. 21,87,006.63 crore.

Overall volumes in futures & options currently stand at 2.07 crore contracts with a turnover of Rs. 21,87,006.63 crore.

Ajmera Realty & Infra India Limited has informed the bourses that it has acquired 85 per cent stake in Anirdesh Developers LLP. Both the entities belong to the infrastructure industry.

Software major Infosys and global investment company Temasek's arm Trust Source announce the formation of a joint venture company to deliver digital transformation service to Temasek and its clientele.

In the coming session, the level of 11,460 is likely to act as immediate support level and the next support is seen around the level of 11,394, which is the low of September 5. On the way up, the levels of 11,580, followed by 11,620, are likely to act as an immediate resistance areas. Stocks in news: L&T Finance Holdings, Welspun Corp, Bajaj Auto, Gufic Biosciences, Ajmera Realty and Infra, Yes Bank, Reliance Naval and Engineering and L&T Technology Services.

The outlook for the day is a flat start with positive bias as the cues from global markets are mostly negative. The SGX Nifty, suggest that Nifty could open up by 20 points around levels of 11,564.  

Subscribers can ask their queries regarding stocks they hold and get our expert guidance.

High risk taking investors can take exposure in Sonata Software (BSE Code 532221).

Technical Analysis of 1 Stock (with 15 days horizon)

Review on 2 stocks recommended in past.

Editor's views on the capital markets, stock reviews and word on Dalal Street.

Public sector company Oil and Natural Gas Corp (ONGC) has discovered oil and gas in Madhya Pradesh and West Bengal. These discoveries may reveal two new potential reserves.

Leading packaging company, Uflex Limited's Holography business segment has created a high quality Lens Transfer Paper/Paperboard for carton packaging, employing technologies of Fresnel Lens.

Following stocks are close to their 52-week low as at 12.42 p.m. on September 06, 2018.

The markets on September 06, 2018 opened up. BSE Sensex is trading at 38,069.29, up by 50.98 points and the Nifty is trading at 11,483.60, up by 6.65 points. 

Aurobindo Pharma Ltd's wholly-owned subsidiary, Aurobindo Pharma USA Incorporated signed a definitive agreement to acquire commercial operations and three manufacturing facilities related to dermatology and oral solids businesses in US from Sandoz Inc., USA, a Novartis Division.

Ahmedabad-based building contractor PSP Projects has bagged work order worth Rs. 226.07 crore from various client for industrial and Institutional project.

Overall volumes in futures & options currently stand at 1.33 crore contracts with a turnover of Rs. 13,57,421.34 crore.

Overall volumes in futures & options currently stand at 1.33 crore contracts with a turnover of Rs. 13,57,421.34 crore.

Going ahead, the level of 11,390-11,400 is likely to act as immediate support for the index. On the upside, immediate resistance for the index is seen around 11,505, which is its 21-day EMA, and sustaining above this level may result in further upmove up to the levels of 11,530-11,550.  Stocks in news: Aurobindo Pharma, Nandan Denim, Alembic Pharmaceuticals, Persistent Systems, Welspun Corp, PSP Projects, Bharti Infratel and Bharti Airtel.

Indian shares are expected to open modestly higher on Thursday, shrugging off weak global cues. The SGX Nifty suggests that Nifty could open higher by 39 points around the level of 11,542.

Angel Broking Limited, a leading broking house has filed a Draft Red Herring Prospectus (DRHP) with SEBI.

Major indices have witnessed bloodbath from the start of this week. For the third consecutive day on Wednesday, the indices have shed considerable gains. Where the benchmark indices Nifty and Sensex tumbled more than 3 per cent, BSE Midcap index underperformed by plunging nearly 5.5 per cent.

Centrum Financial Services Limited signed an agreement to acquire L&T Finance's Supply Chain Finance business on Wednesday. The supply chain vertical provides working capital finance to entities that are suppliers to large industrial manufacturers and Original Equipment Manufacturers (OEMs). The company also provide channel finance and inventory finance to dealers. Its combined customer base is nearly about 800.

The Thomas Cook (India) Group announced the reduction of debt making it debt-free by September 30, 2018. The group will pre-pay Rs. 67 crore non-convertible debentures.

Following stocks are close to their 52-week low as at 1.02 p.m. on September 05, 2018.

The markets on September 05, 2018 opened up. BSE Sensex is trading at 37,893.59, down by 264.33 points and the Nifty is trading at 11,440.85, down by 79.45 points. 

The company is having a strong pipeline of products in the extended-release space and this is the second extended-release product approval for the company.

Founders of Fortis Healthcare Shivinder Singh and Malvinder Singh are now at loggerheads with the younger brother Shivinder taking elder brother Malvinder and ex-Chairman of Religare, Sunil Godwani to court alleging mismanagement.