Going ahead, a follow-through move below the Friday’s session low of 10,739 would open up for further correction up to the level of 10,660, which is 50 per cent retracement level of the recent upmove. Stocks in news: HFCL, PVR, Inox Leisure, Petronet LNG, Lumax Auto Technologies, Gammon India, ENIL, Fortis Healthcare, InterGlobe Aviation, Power Grid and Unichem Laboratories.

Indian markets are likely to open in the green with modest gains. The SGX Nifty indicates Nifty may open around the level of 10,774, up by 0.13 per cent.  

Have you lost money in the market in 2018? If yes, then take comfort in the fact that you are not the only one. Even India's ace investors have lost money this year.

When it comes to performance of mutual funds people are more serious about it. So much serious that they are even ready to ignore other factors. So let’s find out how MFs did in the year 2018.

On the daily time frame, currently the stock is placed right at the edge of a multi touch point downward sloping trendline resistance formed by joining the swing highs from early May 2018 and it coincides by its long-term moving average, i.e. 200-day SMA.

Bank Nifty formed an outside bar resembling a Bearish Engulfing pattern on the daily time frame,which indicates that the bears were in dominant position.

CAPF has recently given downward sloping trendline resistance breakout and formed sizable bullish candle above trendline resistance, on the weekly scale. The breakout was supported by justifiable volumes. The stock is likely to touch levels of Rs. 670, followed by Rs. 720 in the coming weeks.

After the gap-up opening on Monday, stock has managed to extend its jubilant run for the fourth consecutive day. The stock on the way up managed to breakout of the downward sloping trendline formed by connecting swing highs from May 2018. The breakout was supported by justifiable volumes.

Crude oil hits a low of US$54.28 per barrel, tumbling 5 per cent to its lowest price since mid-September of 2017.

Texmaco Rail & Engineering has received an order for 1621 wagons valuing approximately worth Rs. 500 crore. The company has received the said order against the recent Railway tender for wagons issued by the Indian Railways.

The stocks most likely to witness significant movement on the bourses on December 24 are Unichem Laboratories, CMI, Info Edge (India), Sun Pharma and PVR.

Following stocks are close to their 52-week low as at 2.56 p.m. on December 21, 2018.

The markets on December 21, 2018 opened down. BSE Sensex is trading at 35,811.35, down by 620.32 points and the Nifty is trading at 10,767.60, down by 184.10 points. 

NDTV's digital arm, NDTV Convergence has struck an unprecedented five year deal with Taboola, the world’s largest content discovery platform.

Overall volumes in futures & options currently stand at 3.19 crore contracts with a turnover of Rs. 18,22,475.52 crore.

Overall volumes in futures & options currently stand at 3.19 crore contracts with a turnover of Rs. 18,22,475.52 crore.

The benchmark index BSE Sensex dipped around 350 points and was down close to a per cent on Friday replicating the global markets. The US market, Asian indices all closed red on Thursday.

The Company has received a LoA from the drinking water corporation of Andhra Pradesh government. The work involves construction of water supply projects in Guntur District.

We expect the December 17 gap area of 10,845-10,816 to act as an important support level. Stocks in news: Indian Hume Pipe, BOSCH, Power Finance Corporation, Bharti Airtel, NHPC, ENIL and Mercator.

Indian indices are likely to open lower on Friday, following the overnight rout on Wall Street. In the recent past, Indian equity markets have showed remarkable resilience compared to its peers and has maintained its momentum. However, ahead of the Christmas holiday season, we suggest traders to remain light on the markets and focus on stock-specific approach. The SGX Nifty indicates Nifty may open around the level of 10,962, down by 0.29 per cent.  
  

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

High risk taking investors can take exposure in CESC.

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)

Time To Shun The Fads And Focus On Quality

Data Bank

Most of us have the bad habit of deferring tasks which are necessary. Read on to find the consequence of such procrastination. 

SBI Life gets picked up by our Bollinger Band Squeeze scanner, suggesting that a consolidation breakout is expected in the near term. 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.

The Finance Minister said that PSB banks that are under Prompt Corrective Action (PCA) but have improved their performance and the banks that are close to PCA deadline will get capital infusion. 

The stocks most likely to witness significant movement on the bourses on December 21 are Next Mediaworks, Oil & Natural Gas Corporation, Vakrangee, Container Corporation of India and Indian Energy Exchange.

Vakrangee gained approximately 4 per cent intraday as the company launched domestic money transfer services at its Nextgen outlets.

The board of oil explorer ONGC has approved a share buyback program for approximately 25 crore equity shares of the company at Rs. 159 per share. This is the company's first-ever share buyback program.

Omkar Speciality Chemicals can now produce Halquinol product on receiving the grant of the process patent. The stocks hit its upper circuit limit on Thursday morning. 

Bank officer's unions have called for a strike on December 21 and 26 which may keep banks closed until December 27, except on Monday, December 24. 

Often investors talk about investing in cyclical stocks to beat the markets in the long run. Dnyanada Kulkarni investigates the funda of investing in cyclical stocks and evaluates the historical performance of cyclical stocks versus non-cyclical stocks.

Following stocks are close to their 52-week low as at 2.04 p.m. on December 20, 2018.

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

Om Metals Infraprojects bagged an order of Rs. 615.16 crore from the Water Resources Department, Government of Rajasthan. The contract is awarded on EPC basis and is inclusive of operations and maintenance for 5 years.

In this edition, we have reviewed Chambal Fertilisers & Chemicals and MOIL. We suggest our reader-investors to HOLD Chambal Fertilisers & Chemicals and MOIL 

The markets on December 20, 2018 opened gap down. BSE Sensex is trading at 36,370.70, down by 113.63 points and the Nifty is trading at 10,932.75, down by 34.55 points. 

I have 8 shares of Federal Bank bought @ Rs 83 per share. Should I hold them or sell?

Corporate Social Responsibility

Indian youth are moving towards mutual funds as their preferred investment avenue. We have received a query on starting a MF investment from one such young investor. Let’s find out what he has to say.

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. 

Glenmark gets USFDA nod for ear drops Pharma major Glenmark has received the final approval from United States Food and Drug Association (USFDA) for Fluocinolone Acetonide Oil, 0.01 per cent.

Under the law, as on today, you can file the return of income only for last financial year 2017-18 relevant to assessment year 2018-19 Jayesh Dadia Chartered Accountant I am an individual holding 90% equity shares in a private limited company which owns residential property.

Mutual funds are for all reasons and seasons. Here are a list of advantages mutual funds offer to the investors 

Most of us understand the importance of retirement planning and saving enough to achieve financial goals, however, few recognize the significance of starting early

HUL and GlaxoSmithKline Consumer Healthcare Limited (GSK CH India) entered into a scheme of amalgamation whereby 4.39 shares of HUL will be allotted for every share in GSK CH India.

Investing through SIP is a very effective investment strategy as you commit to investing a certain percentage of your “take home salary” and that goes a long way in ensuring that you save as you earn. Moreover, the commitment to invest every month takes away emotions out of your decision-making process. 

On Dalal Street over the last couple of weeks, it was a thrilling ride as a host of events unfolded one after another, Some of these events were scheduled, while few others were not on the cards, like the surprise resignation of the RBI governor Urjit Patel. Also, the markets were extremely volatile as the exit polls indicated that the BJP may lose the assembly polls and the final outcome was in line with the exit poll estimates.

The year 2018 happens to be quite eventful for the equity markets. There were lot of events that led to the heightened volatility in the equity markets. It all started with the reintroduction of long term capital gains (LTCG) tax, then came the rise and fall of crude oil prices, and most recently, the results of elections in five states and, finally, the resignation of Urjit Patel as the governor of the Reserve Bank of India. 

The US Federal Reserve raised interest rates by 25 basis points on Wednesday. The Indian equity market reacted to this hike and was down more than 200 points in the morning session on Thursday.

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.

Overall volumes in futures & options currently stand at 1.40 crore contracts with a turnover of Rs. 8,34,692.34 crore.

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

Overall volumes in futures & options currently stand at 1.40 crore contracts with a turnover of Rs. 8,34,692.34 crore.

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

Expecting that the ruling BJP will be humbled in the five state elections, which will then prod the BJP government to unleash a series of populist measures in a run-up to the 2019 general elections and thereby boost the rural economy, the Indian equity market witnessed boardbased buying.

There are hidden benefits of investing in tax saving mutual funds, it not only helps you to save tax, but it also helps you in building wealth in the long-term. DSIJ recommends five best equity-linked savings schemes.

Your special report about liquid mutual funds reduced my confusion on how to deal with liquid MFs and savings bank account. Hoping to see many such informative stories.

I read your special story on media stocks. I agree with your observations. Is it a good time to accumulate select media stocks?

Markets in 2019 look promising and in my view will behave much better than they did in 2018. With the new RBI governor taking office, I expect a change in the stance by the RBI. Some slightly market-friendly policies may be on the cards in the coming year.

After a difficult 2018 the year 2019 promises to be a year full of action for investors. Yogesh Supekar talks how the year 2018 has been while Karan Bhojwani shares outlook for markets in 2019.

The tax saving season has arrived one month early this time as many investors have started their search for tax-saving instruments now, instead of waiting for the month of January. In the already crowded space, the recent move by the government to ease some of the constraints imposed on NPS (National Pension Scheme) earlier has increased one more contender

The index had surged over 600 points from the lows witnessed on December 11 and the present structure on the chart looks slightly overstretched, and hence, we may see some consolidation. In case of consolidation, the zone of 10,870-10,880 is likely to act as a support level.  Stocks in news: Orient Electric, Alembic Pharmaceuticals, Endurance Technologies, Om Metals Infraprojects, TCS, Pfizer, KPIT Technologies, Cosmo Films and Canara Bank.

Indian markets are likely to witness a gap-down opening as the cues from global markets are depressing. The SGX Nifty indicates Nifty could open around the level of 10,895 with loss of 0.82 per cent.   

KEC International has won orders across multiple business arms accumulating to Rs. 1,491 crore.

The stocks most likely to witness significant movement on the bourses on December 20 are KEC international, Tata Teleservices, Premier Explosives, Dabur India and Tata Steel.

Shares of Strides Pharma traded in positive in early trade on Wednesday as the company is set to receive US$42 million from Agila transaction.

The shares of Tata Teleservices (Maharashtra) rose 20 per cent after the National Company Law Tribunal (NCLT) sanctioned a merger between the company and Airtel.

To propel its digital initiative, Karnataka Bank entered into a strategic partnership with Paisabazaar.com, wherein it will use their platform to offer its home loan products to customers.

The shares of Mishra Dhatu Nigam Limited (MIDHANI) rose as high as 5.96 per cent after the company finalized an order worth Rs. 600 crore. The contract pertaining to the same will be signed shortly.

Does a fall in the crude oil prices trigger a fall in bond yields and hence leads to better returns from gilt funds? Read on to find out if this relation holds true.

Investors who are investing for their child’s education or marriage are offered various products and Sukanya Samriddhi Yojana is one of them. Read on to find out if MFs are better off compared to Sukanya Samriddhi Yojana.

Following stocks are close to their 52-week low as at 12.46 p.m. on December 19, 2018.

The markets on December 19, 2018 opened gap up. BSE Sensex is trading at 36,453.66, up by 106.58 points and the Nifty is trading at 10,955.20, up by 46.50 points. 

The merger between IDFC Bank and Capital First was effectuated on December 18 and the merged entity will be christened IDFC First Bank. The stocks of IDFC Bank and Capital First were trading up more than 2 per cent on Wednesday. 

The company's promoter released a pledge on 80 lakh shares of Mangalore Chemical & Fertilizers Limited (MCF). On Wednesday, the stock of MCF was buzzing and moved up by more than 3 per cent in the morning session.

Overall volumes in futures & options currently stand at 1.16 crore contracts with a turnover of Rs. 6,95,867.95 crore.

Overall volumes in futures & options currently stand at 1.16 crore contracts with a turnover of Rs. 6,95,867.95 crore.

Going ahead, the 100-day moving average placed at 10,938 is likely to act as an immediate resistance level. A follow-through move above this would open up for further upside towards the level of 11,000, followed by 11,090. Stocks in news: Biocon, Majesco, NTPC, Karnataka Bank, Mahindra and Mahindra Financial Services, Lemon Tree, PVR, Glenmark Pharmaceuticals, Yes Bank, Piramal Enterprises and Welspun Enterprises.

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 10,994, with a gain of 39 points.  

The stocks most likely to witness significant movement on the bourses on December 19 are J. Kumar Infraprojects, TCS, DHFL, MIRC Electronics and Skipper.

Skipper, manufacturer of power transmission and distribution structures, has bagged an order worth Rs. 150 crore for 2,500 towers from multiple telecom operators

J Kumar Infraprojects, a Mumbai based infrastructure company, announced that it secured a new order in the capital city of Delhi for road construction from the National Highway Authority.

Information technology stocks faced selling pressure on Tuesday as the domestic currency gained against the US dollar ahead of US Fed's meeting. IT majors Infosys, Wipro dipped more than 2 per cent.

The AUM of the domestic mutual fund industry has increased by four per cent sequentially for the month of November. Digging deep, this is the trend that we are witnessing.

Pharma major Glenmark has received the final approval from United States Food and Drug Association (USFDA) for Fluocinolone Acetonide Oil, 0.01 per cent. The stock was trading 0.81 per cent higher.

Following stocks are close to their 52-week low as at 12.56 p.m. on December 18, 2018.

The markets on December 18, 2018 opened gap down. BSE Sensex is trading at 36,154.83, down by 115.24 points and the Nifty is trading at 10,853.00, down by 35.35 points. 

Investing in mutual funds is not just about investing money in a good performing mutual funds but also to invest based on the right time horizon. Read on to know more.

Overall volumes in futures & options currently stand at 34.38 lakh contracts with a turnover of Rs. 2,25,807.09 crore.

Overall volumes in futures & options currently stand at 34.38 lakh contracts with a turnover of Rs. 2,25,807.09 crore.

The company has signed an agreement to shut down its loss-making subsidiary in Indonesia. The stock reacted to this development and was locked in its upper circuit limit in Tuesday's morning session.

On the way up, the index may attempt to test the 100-day moving average placed at the level of 10,938, while on the downside, the gap area (10,815-10,845) which was formed on December 17 is likely to provide support to the index. Stocks in news: Tata Steel, Graphite India, Ashoka Buildcon, NMDC, Bombay Dyeing, Bank of Baroda and Glenmark Pharmaceuticals.

Indian benchmark indices are likely to open a tad lower following cautious mood in the Asian markets and sharp fall seen on Wall Street overnight. The SGX Nifty indicates Nifty could open around the level of 10,886, down by 27 points.   

The metal index gained 2 per cent on Monday as base metal prices increase in the global markets following the cautious optimism that the US and China will resolve their trade conflict soon.