The country posted Nikkei/IHS Markit Service PMI score of 52.2 for the month of October as against the expansion border of 50.9 in the previous month amid a robust pick-up in the new businesses.

PSP Projects reports its second-quarter number for FY19 on Monday during market hours. The company’s standalone revenue for the quarter came in at Rs. 209.9 crore, registering 50.4 per cent yoy increase. 

Following stocks are close to their 52-week low as at 1.31 p.m. on November 5, 2018.

The markets on November 5, 2018 opened gap down. BSE Sensex is trading at 34,881.76 down by 129.89 points and the Nifty is trading at 10,508.15, down by 44.85 points.

Uflex posted robust results as the net sales surged 22.49 per cent in Q2FY19 and stood at Rs. 1,072.82 crore as against Rs. 875.83 crore in the corresponding quarter of the previous year.

KEC International signed a share purchase agreement with Adani Transmission on November 3, 2018 for sale of its entire stake in KEC Bikaner Sikar Transmission (KBSTPL) at an enterprise value of around Rs. 227.50 crore

The Indian mutual fund industry regulator is very actively taking decisions that are beneficial to mutual fund investors. Let’s find out how the recent guidelines provided by the Securities & Exchange Board of India (SEBI) with respect to the Total Expense Ratio (TER) is beneficial for direct MF investors?

Investors are often seen averaging stocks that are beaten down, hoping to see recovery in the prices of these stocks. Yogesh Supekar, along with Shohini Nath, explore the price behaviour of beaten down stocks and recommend building a portfolio with these beaten down stocks, rather than investing in any single stock that is battered down heavily .

Ahluwalia Contracts (India) Limited, a construction service provider based in West Bengal, informed through a company update to the exchanges that it secured new orders worth Rs. 528.44 crore.

Sterlite Technologies, a leading global provider of optical fibre, has ventured into the telecom network market to provide integrated services to telcos.

Investors are concerned about the NBFC sector pulling down the markets. Dnyanada Kulkarni analyses the sector and explains not all is lost for the sector and sticking to quality NBFCs will fetch rewards for the investors.

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. 

In this edition, we have reviewed Tata Chemicals and Trent. We suggest our reader-investors to HOLD Tata Chemicals and Trent 

Indian automotive sector is buzzing with dynamic changes and many believe it is disruptive in nature. Can India gain in such competitive environment? DSIJ Team explains why India is in a sweat spot and may continue to increase its market share in passenger vehicles market globally

If you are an investor reading this article, you must be doing your investments with a purpose. Many a time, you invest to fulfil some of your goals, be it your next vacation, education of your children, their marriage, or even your own retirement. But in the unfortunate event of your untimely 

The facility (KRS Gardens) in Bangalore is the largest facility for the company and has the capability in several dosage formats including tablets, capsules (both hard gelatin and soft gelatin), ointments, creams and liquids. The facility supports several important current and future submissions for the US market.

Suzlon Energy Limited is engaged in the provision of renewable energy solutions.

The conventional wisdom says diversification helps in mitigating risk. DSIJ digs deep to analyse when diversification helps and when it does not.

AU Small Finance Bank has partnered with the largest general insurance provider in the country, the New India Assurance Company Limited (NIACL) to act as its corporate agent.

Oberoi Realty Ltd. (ORL) is engaged in the business of real estate development and hospitality. It operates across the residential, commercial, retail, social and hospitality segments. It has developed over 42 projects throughout Mumbai, aggregating about 11.89 million sq. ft., with another 27.43 million sq. ft. in the making. 

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

Overall volumes in futures & options currently stand at 1.21 crore contracts with a turnover of Rs. 7,00,968.41 crore.

Nifty Revives Ahead of Diwali; Fresh ‘Shopping’ Yet to Confirm

There are various factors that one takes into account before investing in mutual fund, risk being one of them. DSIJ explores the 

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.

Technofab Engineering, an engineering procurement and construction services company, reported in a press release that it has won two new turnkey projects worth Rs. 389 crore in the electrical sector.

Fund of Fortnight

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

Here’s How To Generate Regular Income Efficiently 
One of the biggest challenges for the retirees as well as self-employed people in the present times is to generate regular income out of their investments. Although there are a number of options available 

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

I am 40-year-old and DSIJ magazine subscriber for the last three years. I liked your special report on ‘Funda of investing in mutual funds at different 

In The Market Overall, the oil-producing countries are off-setting the supply cut expected from the US sanctions on Iran. Also, the US administration has agreed to let a few countries, including India, Japan and Korea, to import oil from Iran. This decision is favourable to the Indian rupee as well.

Diwali Picks
I am a subscriber of your magazine. I came across your Top Diwali Picks issue and I was excited to see that I am already holding 5 out of 7 stocks you have recommended

Overall volumes in futures & options currently stand at 1.21 crore contracts with a turnover of Rs. 7,00,968.41 crore. 

Volatality To Remain Despite Improvement In Market Sentiment!
It is good to see Sensex close above the level of 35,000. I am sure majority of the investors must be enthused by the recent recovery in stock prices.

More Transparency To Benefit Mutual Fund Investors
Transparency is a strong indicator of future growth of any business and mutual fund is no exception. The changes introduced by the market 

Going ahead, the opening upside gap area (10,442-10,458), which was created on November 2, is likely to act as a support area for the index. Stocks in news: Strides Pharma Science, Dr Reddy’s Laboratories, Laurus Labs, KEC International and Linde India.

The key Indian equity indices are likely to witness a cautious start due to weakness in equity markets across the world. A negative trend in the SGX Nifty index future, which was trading at 10,550, down by 38 points, also indicated negative opening.

The Insurance Regulatory and Development Authority of India (IRDAI) on October 26, 2018, proposed significant changes in life insurance policies that will provide considerable benefits to the policyholders. 

If one of your relatives, friends or office colleagues asks you whether you could become a ‘guarantor’ for a home loan he is applying, you may obliged to reply in the affirmative.

The joint term insurance plan offers the facility of protecting you and your spouse with a single life insurance policy. The policy can be bought by working couples or by couples where one spouse is a homemaker.

The PAT for the quarter came in at Rs. 408.82 crore as against Rs. 349.59 crore in the corresponding quarter last year, an increase of 17 per cent YoY. 

KEC International Limited Ltd. reported its results for the quarter ended September 30, 2018  after  market hours today. The consolidated numbers were largely positive as compared to the same period last year. 

Hindalco reported results for the second quarter of FY19. The company's standalone revenue improved marginally by 5 per cent to Rs. 10833 crore from Rs. 10313 crore in the corresponding quarter of last year.

The stocks most likely to witness significant movement on the bourses on November 5 are Maharashtra Seamless, Aditya Birla Fashion and Retail, SBI, Procter & Gamble and DLF.

Khadim India standalone revenue for the quarter came in at Rs. 226.4 crore, registering an increase of 30.7 per cent YoY.  

The EBITDA for the quarter rose by 30.1 per cent yoy to Rs. 42.55 crore as against Rs. 32.7 crore in the corresponding quarter last year, with a corresponding margin expansion of 88 bps. EBITDA margin for the quarter stood at 11.8 per cent.

EBITDA for the quarter remained flat at Rs. 74 crores as compared to Rs. 73.4 crore in corresponding quarter of last year. But EBITDA margin for the quarter improved 182 bps to 12.48 per cent

BSE Limited reported results for Q2FY19 on Friday, post market hours. The company's standalone total income was up for the quarter ended September 30, 2018 by 4 per cent to Rs. 152.47 crore from Rs. 146.15 crore on a QoQ basis.

You should remain invested in every market condition as missing even a few days of best returns may result in huge underperformance of your portfolio. Read on to find how…

On the revenue front, the companies have come up with healthy growth of around 22.75 per cent on YoY basis. On the operational front, the companies have witnessed around 16.59 per cent YoY growth with pressures on margins.

The company's growth was mainly driven by doubling PV export revenue coupled with healthy double digit growth across the segments.

Following stocks are close to their 52-week low as at 12.59 p.m. on November 2, 2018.

The markets on November 2, 2018 opened gap up. BSE Sensex is trading at 35,039.20, up by 607.23 points and the Nifty is trading at 10,566.05, up by 185.60 points. 

On Friday, Sensex zoomed more than 500 points and Nifty gained 170 points and were at 10,548.85 and 34,963.75, respectively at 11:00 am. 

We have seen that mutual funds can be a good investment vehicle for funding various short-term goals, but can mutual funds help fund your retirement? Let’s find out.

The said production facility is equipped to manufacture 2,00,000 MTPA of phenol and 1,20,000 MTPA of its co-product acetone. This is supported by the capacity to manufacture 2,60,000 MT of Cumene for captive consumption.

The EBITDA for the quarter rose by 19.9 per cent yoy to Rs. 59.2 crore as against Rs. 49.36 crore in the corresponding quarter last year, with a corresponding margin expansion of 16 bps. EBITDA margin for the quarter stood at 9.6 per cent.

The company's core business, speciality chemicals grew by almost 50 per cent yoy to Rs. 1,039.10 crore. Pharmaceuticals and home & personal care chemicals grew by 40 per cent and 14 per cent yoy, respectively.

Gujarat Narmada Valley Fertilizers & Chemicals Limited reported its results for the quarter ended September 30, 2018. The standalone numbers were strong in almost all segments with strong operational performance.

Overall volumes in futures & options currently stand at 3.48 crore contracts with a turnover of Rs. 18,17,981.83 crore.

Overall volumes in futures & options currently stand at 3.48 crore contracts with a turnover of Rs. 18,17,981.83 crore.

India's largest two and three-wheeler company has reported sales figure for the month of October. The company registers highest ever monthly sales in motorcycle segment.

In the coming session, we expect the Nifty to consolidate with a positive bias and sustain above the hurdle of 10,420-10,450, which may open up for further upside up to the level of 10,510, followed by 10,580. Stocks in news: TCS, Aarti Industries, Deepak Nitrite, Triveni Turbine, Goodyear India and ITD Cementation.

The market is all set to witness a jubilant start on Friday with positive global cues and falling oil prices likely to support the upbeat sentiment. A positive trend in the SGX Nifty index Future, which was trading at 10,482, higher by 67 points, also indicated positive opening.

The following stocks could be in focus in Tuesday’s trading session in light of their results: Axis Bank, Bata India, Bharat Forge, Gabriel India and GSFC

Essel Propack Limited reported its results for the quarter ended September 30, 2018  after  market hours today. Essel Propack's  consolidated revenue for the quarter came in at Rs. 689.17 crore  as compared to Rs. 644.53 crore during same period last year.

CERA Sanitaryware Limited reported its results for the quarter ended September 30, 2018 during market hours on Thursday. The standalone numbers were largely stable when compared on a YoY basis.

Greaves Cotton limited, one of India's leading engineering companies, reported revenue growth for H1 FY19 at 11% to Rs. 953 crore as against Rs. 859 crore in H1 FY18. EBITDA for half year ended September 30th, 2018 grew by 9% to Rs. 134 crore as against Rs. 123 crore in the corresponding H11ast year. 

The board of directors have approved the buyback of shares through the open market mechanism to the extent of Rs. 35 crores at a maximum price of Rs. 1,150 per share. Also, it has declared an interim dividend of Rs. 4 per equity share of Rs. 10 each.

In the recently concluded month, Sensex gave a negative return of almost 5 per cent. October is seen by investors as a bad month because some of the worst stock market crashes have occurred in the month of October. However, our study finds otherwise.

The share of Milk Products for Q2FY19 is 68.6 per cent of total revenue, while that of Liquid milk was 18.4 per cent and the same for skimmed milk powder was 11.6 per cent.

The stocks that are most likely to witness movement on the bourses on November 2 are Tata Motors, NCC, TVS Motors, Bajaj Electricals and Atul Auto.

The current order book stood at Rs. 7,307 crore, comprising of Rs. 1,278 crore for Transmission Line Towers, Rs. 5,813 crore for Power Distribution and Rs. 216 crore for Illumination Projects.

Unlike last year, Indian stock market bulls have failed to welcome Samvat 2075 with arms wide open. Markets in 2018 have witnessed one of the worst performing Octobers, which is to a certain degree akin to that of 2008, 

Fundamental Analysis of 2 Stocks (with 180 days horizon)

Review on 2 stocks recommended in past

Technical Analysis of 1 Stock (with 15 days horizon)

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

HDFC's Q2FY19 profit increased by 25 per cent as it offloaded its stake in HDFC AMC through an IPO in July. The financial institution's profit on the sale of investments in Q2FY19 was at Rs. 1,000.02 crore as against Rs. 63.09 crore in Q2FY18.

The PAT for the quarter came in at Rs. 28.41 crore as against Rs. 18.86 crore in the corresponding quarter last year, yoy increase of 51 per cent.

N R Agarwal Industries Limited reported its results for the quarter ended September 30, 2018. The company's standalone results were largely positive with strong revenue growth and stable margins.

Following stocks are close to their 52-week low as at 1.17 p.m. on November 1, 2018.

The markets on November 1, 2018 opened positive. BSE Sensex is trading at 34,485.22, up by 43.17 points and the Nifty is trading at 10,394.40, up by 7.80 points. 

As the trend of falling interest rates prevails for bank fixed or term deposits, people are looking for other better alternatives to park their money. Read on to find out whether mutual funds can replace your fixed or term deposits.

Sharda Cropchem Limited reported results for the quarter ended September 30, 2018. The company's consolidated revenue for the quarter came in at Rs. 327.96 crore as against Rs. 279.60 crore for the same period last year, registering 17.3 per cent yoy increase.

The EBITDA for the quarter fell by 10.3 per cent yoy to Rs. 227.4 crore as against Rs. 253.6 crore in the corresponding quarter last year, with a corresponding margin contraction of 491 bps. EBITDA margin for the quarter stood at 24.5 per cent. This contraction was led by adverse impact due to steep depreciation of the Indian rupee and increase in input costs.

The standalone order book as on September 30, 2018 stood at Rs.14,179 crores and order inflows YTD FY19 came in at Rs. 4,743 crores.

The company's net revenue for Q2FY19 surged almost 33 per cent yoy to Rs. 996.79 crore. Cable division recorded around 23 per cent volume growth in the quarter as compared to the same period in the previous year. 

Overall volumes in futures & options currently stand at 1.96 crore contracts with a turnover of Rs. 10,53,926.14 crore.

The company has secured a major EPC order from a power and water utility company in the Kingdom of Saudi Arabia. The stock was up more than 6 per cent in early morning trade on Thursday.

Overall volumes in futures & options currently stand at 1.96 crore contracts with a turnover of Rs. 10,53,926.14 crore.

Going ahead, the positive momentum is likely to continue, but the index is expected to face resistance in the zone of 10,410-10,440 as this is the confluence of the downward gap seen on October 19 and 61.8 per cent retracement on the recent downmove. On the downside, the level of 10,275 is likely to act as a strong support for the index. Stocks in news: Eicher Motors, Va Tech Wabag, Lemon Tree Hotels and Shriram EPC.

The stock markets in India are expected to kick-off the new month on an optimistic note as cues from Asian peers are strong and Wall Street's robust close overnight. A positive trend in the SGX Nifty index future, which was trading at 10,424, up by 38 points, also indicated positive opening. In a boost to the Modi government, India moved to the 77^th rank on World Bank’s annual ranking of ease of doing business.

KSB Ltd. reported its results for the quarter ended September 30, 2018  after  market hours today. The standalone numbers were largely  good as compared to the same period last year.

Vedanta reported its second quarter numbers of FY19. Its consolidated revenue for the quarter stood at Rs. 22,705 crore, which represent an increase of 5 per cent YoY. 

HI-Tech Gears Ltd reported its results for the quarter ended September 30, 2018, after market hours today. HI-Tech Gears Limited's standalone revenue for the quarter came in at Rs. 178.23 crore.

On the last trading day of October, the Indian equities market's breadth closed in favour of advances with an advance-decline ratio at 2:1. The BSE Sensex closed at 34,442.05, up by 550.92 points or 1.63 per cent, while the broader benchmark index Nifty50 closed at 10,386 level, up by 1.85 per cent. 

The sales mix for Q2FY19 comprises of North America (32 per cent), India (31 per cent), APAC (16 per cent), EMEA (7 per cent), LATAM (4 per cent) and ROW (1 per cent) and API (9 per cent).