Indian mutual fund industry has registered an increase of the 8.62 lakh folios in the month of July 2018. This growth was led by the increased folios in the Liquid funds.

Overall volumes in futures & options currently stand at 57.69 lakh contracts with a turnover of Rs.  5,53,971.86 crore.

Nifty opened on a positive note, but went into correction mode due to profit-booking and closed marginally lower at 11430, shedding 41 points. Out of exhaustion, Nifty may continue to consolidate at higher levels for the time being.

Taking weak cues from across the globe, we expect Indian stock markets to open on a subdued note and continue with consolidation to correction due to profit-booking before resuming its bounce towards the record levels.

If you are planning to start your own business, you need to be aware of some pitfalls that can come your way when you commence your journey. If you negotiate your way deftly through these pitfalls, you are likely to succeed in your new venture; however, if you fail to steer clear of these pitfalls, then your start-up could be heading for the rocks.

Just as you evaluate the performance of the portfolio of stocks, so also you should evaluate the performance of the mutual fund schemes in your mutual fund portfolio. There are time-tested methods to evaluate the performance of mutual fund schemes, so let us understand these methods and how to utilise them to evaluate the performance of MF schemes.

Banks may block the ATM card, deactivate internet banking and phone banking facilities and other services for an inactive or inoperative bank account. However, banks will credit interest on the balance amount in the inactive or inoperative bank account regularly.

CIBIL credit score is indicated by three digit numbers ranging from 300 to 900. If you have a high credit score, you can enjoy the many benefits that come with it. Read on to know more...

The collateral-free loan is a personal loan and the lender offers to the borrower a line of credit from which he can withdraw any amount ranging from Rs 3,000 to Rs 5 lakh.

Aviation industry continues to feel the strain with major aviation stocks touching new lows. Jet Airways, in particular, has faced different headwinds pushing it to multi-year low.

Country’s largest bank State Bank of India posted a consecutive net loss in the third quarter of Q1FY19.

There is a common misconception that liquidity and size of asset impact an investor’s experience while investing in ETF. This is however not the case, let's find out more.

Bosch's domestic sales increased by 21.7 per cent and export sales registered a growth of 7.4 per cent. The company’s Mobility solution business grew by 20.5 per cent yoy. While its Powertrain solutions business grew by 26.5 per cent yoy.

India's third-largest NBFC in microfinance segment, Creditaccess Grameen receives tepid response from retail investors. The Initial Public Offering (IPO) of Creditaccess was subscribed 1.95 times at noon, on the last day of its subscription.

Tata Consultancy Services has announced that Bahrain-based SNIC Insurance which was formerly known as Saudi National Insurance Company has selected ‘TCS BaNCS for Insurance’ to support its ambitious digital transformation strategy.

Following stocks are close to their 52-week low as at 1.08 p.m. on August 10, 2018.

The markets on August 10, 2018 opened down. BSE Sensex is trading at 37,918.23, down by 106.14 points and the Nifty is trading at 11,443.35, down by 27.35 points. 

Tata Motors reported a 21 per cent dip in Jaguar Land Rover (JLR) retail sales for the month of July 2018 on Friday. The sales numbers showed de-growth due to transitional issues faced by the company in various markets.

EBITDA for the quarter rose by 20.3 per cent yoy to Rs. 148 crore with a corresponding margin contraction of 296 bps. EBITDA margin for the quarter stood at 6.6 per cent.

Overall volumes in futures & options currently stand at 1.56 crore contracts with a turnover of Rs. 16,70,334.12 crore.

During Q1FY19, under Cable division, the company received a single order of 220 KV EHV Cable of Rs. 129 crore from HPCL, Vishakhapatnam and the total order book position is more than Rs. 400 crore.

Overall volumes in futures & options currently stand at 1.56 crore contracts with a turnover of Rs. 16,70,334.12 crore.

In a first, India's premier economic fraud investigator, has sent the ex-promoter and MD of Bhushan Steel, Neeraj Singhal to judicial custody. This is the first arrest by an Indian investigative agency for willful loan default.

Going into trade on Friday, we expect a lacklustre start to the trading. The levels of 10,500 followed by 11,535 are likely to act as immediate resistance levels for the Nifty. Stocks in news: HSIL, GMR Infrastructure, Zensar Technologies, Vikas WSP, Adani Enterprises, Jet Airways, SBI, Manappuram Finance and Indian Energy Exchange.

A slow start is in the offing for the Indian markets as cues from Asian markets are mixed. The SGX Nifty suggests that the Nifty could open unchanged at 11,488. A host of companies will announce results today, including Aditya Birla Capital, Apollo Hospital, Bosch India, CG Power, DLF, Dr Lal Pathlabs, Glenmark Pharmaceuticals, GAIL, IGL, NCC, Hindalco, SBI, United Breweries, Voltas and Sun TV Networks.

The stocks that are likely to witness significant movement on the bourses on August 10 are TV Today Network, Vikas WSP, Bharat Forge, HSIL Limited and City Union Bank. 

Ramco Systems, has won order multi-million-dollar software deal from AP Cargo Logistic Network, Philippines. The stock opened on a positive note, traded higher washing off two days' losses, but witnessed a retreat and closed just 1.3 per cent higher.

The revenue for the quarter declined by 29 per cent YoY to Rs.1135 crore in Q1FY19 as against Rs.1597 crore in previous year corresponding quarter. This was largely due to sharp decline in both of its core segments of consumer products and EPC segments.

Skipper Limited reported weak quarter with substantial decline in bottom-line.   

Investors were spooked by the recent market volatility which has led to negative returns. Things have turned investors more cautious which can be seen with the redemptions in the mutual fund. 

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

High risk taking investors can take exposure in Capital First (BSE Code 532938).

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 Go With The Flow And Catch The Booming Stocks 

Every mutual fund investor is now aware of the SIP. Systematic investment plan (SIP) has now become the most favourite investment mode for investors.

EBITDA for the quarter rose by 30.4 per cent yoy to Rs. 809.6 crore as against Rs. 621 crore in the corresponding quarter last year with a margin expansion of 425 bps.

BLS International Services Limited. has said that its wholly-owned subsidiary BLS E-Services Private Limited has acquired Delhi-based Starfin India Private Limited, a Banking Business Correspondent of India’s largest bank, State Bank of India. 

The company’s standalone revenue for the quarter came in at Rs. 319 crore, registering 7.5 per cent yoy decline. The PAT for the quarter came in at Rs. 34 crore, yoy increase of 11 per cent.

Blue Star Limited reported mixed set of numbers with flat top-line. However, the bottom-line for the quarter grew strongly.   

The PAT for the quarter came in at Rs. 4.66 crore as against just Rs. 1.50 crore in the corresponding quarter last year, yoy increase of 210.7 per cent.

The PAT for the quarter came in at Rs. 5.29 crore as against Rs. 1.72 crore in the corresponding quarter last year, yoy increase of 207.6 per cent.

Further, to enhance focus on the light material space, it is planning to set up Aluminium forging facility in USA by investing US$55 million. This would cater North American market and production of the same is likely to commence in CY20.

On Thursday, the Indian broad market index BSE Sensex hit fresh all-time high and crossed the mark of 38,000 for the first time. This rally was led by banking majors such as ICICI Bank, SBI and Axis Bank. We at DSIJ had predicted this level way back in April.

With the reduction in interest rate during last couple of years due to refinance of debt in 9 SPVs out of 11 operational SPVs, the company has seen finance costs reducing by Rs. 30 crore yoy. Now this along with healthy growth in traffic volume has led to increase in cash profits by Rs. 59 crore yoy, jumps by 223.54 per cent.

Following stocks are close to their 52-week low as at 12.39 p.m. on August 9, 2018.

The markets on August 9, 2018 opened gap up. BSE Sensex is trading at 38,042.46, up by 154.90 points and the Nifty is trading at 11,480.45, up by 30.45 points. 

The benchmark index BSE Sensex is trading above the 38,000 level as private banks join the upward rally fueled by good quarterly earnings and positive vibes emanating from the Indian economy. We at DSIJ had predicted this level way back in April.

Overall volumes in futures & options currently stand at 97.18 lakh contracts with a turnover of Rs. 9,93,827.11 crore.

The PAT for the quarter came in at Rs. 204 crore as against Rs. 163 crore in the corresponding quarter last year, yoy increase of 25 per cent. During the quarter, the company has secured new orders amounting to Rs. 2,840.7 crore.

Overall volumes in futures & options currently stand at 97.18 lakh contracts with a turnover of Rs. 9,93,827.11 crore.

Trent Limited reported mixed numbers for the quarter with strong  top-line growth and flattish bottom-line.

Going ahead, there is a likelihood that we may see momentum continuing in the index, but we cannot ignore the overbought nature of the index. In the coming session, the levels of 11,500 and 11,525 may play out as immediate resistances. Stocks in news: Pidilite Industries, Corporation Bank, Mastek and HCL Technologies.

Traders can expect a quiet start to the session on Thursday as no clear trend has emerged either in the Asian or the US markets. The dull trend in the SGX Nifty suggests that Nifty could open marginally up by 5 points at 11,484. Aurobindo Pharma, Bharat Forge, Cera Sanitary, Cummins India, Engineers India, HSIL, IPCA Labs, Jet Airways, Page Industries, Eicher Motors will announce their results today.  

RCF reported strong quarterly results for the quarter, but with flat margin for the quarter.

The company has also announced capacity expansion of its distillery business by 160 KLPD from its current capacity of 360 KLPD by investing Rs. 207 crore. The existing capacity utilisation of the distillery business stood at 80-85 per cent.

Minda Industries reported strong results for the quarter with closed to double digit growth in its bottom-line

Its EBITDA for the quarter rose by 59.2 per cent YoY to Rs 217.6 crore as against Rs 136.70 crore in the corresponding quarter last year with a corresponding margin expansion of 970 bps. The EBITDA margin for the quarter stood at 40.4 per cent.

The company’s consolidated revenue for the quarter came in at Rs. 75.46 crore as against Rs. 63.74 crore in the corresponding quarter last year, registering 18.4 per cent yoy increase.

Equity funds continued to increase their presence in the domestic MF asset under management. This is despite a declining trend in the net inflows to the equity funds.

TVS Motors posted steady results for the quarter with strong revenue growth and EBITDA margin expansion.

State-owned aerospace and defence company, BEL will supply and services seven Long-range Surface-to-air Missile systems for MDL and GRSE.

The increase in revenue from Basic chemicals by 25 per cent offset by decline in revenue from Pigments and Agrochemicals by 4.6 per cent and 7.1 per cent, respectively.

The IPO of Creditaccess Gramin Limited opens for subscription from August 8 to August 10, 2018. This IPO consists of fresh equity issue worth Rs. 630 crore (1,49,28,910 shares) and offer for sale (OFS) of 1,18,76,485 shares by existing stakeholders. Post issue, promoter and promoter group’s holding will reduce to 80.3% and non-promoter shareholding will increase to 19.7% from 1.1%. The face value is Rs 10 per equity share. The minimum lot size is of 35 shares and the issue price band is Rs. 418-422 per equity share. Post allotment, the company will get listed on both BSE and NSE.

U.S. Food and Drug Administration (FDA) has accepted for review the company’s New Drug Application for Ryaltris, an investigational fixed-dose combination nasal spray for seasonal allergic rhinitis (SAR) in patients 12 years of age and older.

As per the MoU, Genesys will develop HD Mapping and content by using its core strength and skills. Whereas, Wipro will develop the directional and controller technology for the autonomous system and smart mobility companies.

EBITDA for the quarter rose by 30.4 per cent yoy to Rs. 15.51 crore as against Rs. 11.89 crore in the corresponding quarter last year, with a corresponding margin expansion of 125 bps.

Following stocks are close to their 52-week low as at 12.44 p.m. on August 8, 2018.

The markets on August 8, 2018 opened gap up. BSE Sensex is trading at 37,862.30, up by 196.50 points and the Nifty is trading at 11,439.65, up by 50.20 points. 

Civil Construction Company, Patel Engineering has bagged an order of approximately Rs. 2,400 crore for two hydro projects and a tunnel project.

EBITDA for the quarter rose by 24.7 per cent yoy to Rs. 17.18 crore as against Rs. 13.78 crore in the corresponding quarter last year. EBITDA margin for the quarter stood at 17.6 per cent , same as compared to the corresponding quarter last year.

The company registered a net profit of Rs. 10.4 crore in Q1FY18 as against a net loss at Rs. 39 crore in the corresponding quarter in the fiscal year 2018. The stock of Inox Wind was up more than 10 per cent on Wednesday.

Overall volumes in futures & options currently stand at 58.60 lakh contracts with a turnover of Rs. 5,62,374.58 crore.

Overall volumes in futures & options currently stand at 58.60 lakh contracts with a turnover of Rs. 5,62,374.58 crore.

The Indian markets are likely to open flat with a positive bias on Wednesday, despite positive leads from Wall Street. The muted trend in the SGX Nifty suggests that Nifty could open with little change at 11,429. Among Nifty 50 companies, BPCL, Cipla, HPCL and Lupin results are scheduled today.  

The stocks that are likely to witness significant movement on the bourses on August 8 are TVS Motors, Motheson Sumi, Patel Engineering, Mahindra & Mahindra and GOCL Corporation.

Understanding the liquidity of the product is important for an investor. Read on to find how liquidity of ETF and index funds are different.

Face Value: Actual cost of the stock assigned by the security issuer and shown in the certificate. 

The asset and wealth management company ASK Investment Managers has filed Draft Red Herring Prospectus (DRHP) with SEBI to raise funds through an initial public offer (IPO).

During Q1FY19, the order inflow was increased by 27 per cent to Rs. 2,698 crore. The total order book as on June 30, 2018 stood at Rs. 13,742 crore.

Standing true to his rhetoric, US President Trump reimposed sanctions on Iran which were lifted-off by his predecessor President Obama. Trump has warned the global community that anyone doing business with Iran will not be doing business with the US.

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. This way we are also able to rank newly launched funds that are not rated by others due to their short duration of existence. 

Motherson Sumi reported stable numbers for the quarter with steady revenue growth and robust bottomline growth for the quarter.

Sales volume were up by 18 per cent as compared to Q1FY18. Bangalore region contributes 64 per cent of the total volume. Other locations volume increased by 56 per cent as compared to Q1FY18.

Hawkins Cookers Limited reported its results for the quarter ended June 30, 2018 during market hours on Monday. The company's standalone revenue for the quarter came in at Rs. 120.74 crore as against Rs. 84.78 crore in the corresponding quarter last year, registering 42.4 per cent YoY increase.

Following stocks are close to their 52-week low as at 2.38 p.m. on August 7, 2018.

The markets on August 7, 2018 opened flat. BSE Sensex is trading at 37,743.69, up by 51.80 points and the Nifty is trading at 11,403.15, up by 16.05 points. 

Infrastructure player, Dilip Buildcon has been declared as L-1 bidder in the tender called by the PSPCL for selection of Mine Developers and Operators (MDO) for the Pachhwara Central Coal Mine in Rajmahal Coalfield.

The construction arm of Larsen and Toubro has won orders across its business segments viz Power Transmission & Distribution business and Smart World and Communication Business.

Ujjivan Financial Services reported net interest income of Rs. 222.4 crore in Q1FY19, an increase of 60.9 per cent over Q1FY18. The financial institution's total income was Rs. 461.7 crore in Q1FY19, an increase of 28.7 per cent over Q1FY18. While the net interest margin stood at 11.6 per cent in Q1FY19, an increase from 9.2 per cent in Q1FY18.

Kridhan Infra soared over 5 per cent in intraday trade on Tuesday after its associate company Vijay Nirman Company (VNC) was awarded a new project amounting to Rs 132.6 crore.

Caplin Point Laboratories reported stable quarterly earnings with strong topline and tepid bottomline.

The company’s standalone revenue for the quarter came in at Rs. 21.1 crore as against Rs. 22.53 crore in the corresponding quarter last year, registering 6.3 per cent decline.

Avanti feeds reported weak performance for the quarter with marginal revenue growth and poor operational performance

The company’s consolidated revenue for the quarter came in at Rs. 549.42 crore, registering 33.1 per cent yoy increase. This growth was driven by an increase in revenue from Milk Products by 41 per cent YoY which was led by growth in key product categories.

The pharma major has received final approval from USFDA for generic version of Voltaren Gel, 1%. The gel is expected to be shipped to the US market by the end of the month.

Overall volumes in futures & options currently stand at 55.43 lakh contracts with a turnover of Rs. 5,38,996.34 crore.