The markets on August 2, 2018 opened flat. BSE Sensex is trading at 37,355.94, down by 165.68 points and the Nifty is trading at 11,297.70, down by 48.50 points. 

Balaji is a global finance professional with over two decades of experience in the corporate sector. He started his career with Unilever in 1995 and worked in different corporate finance roles across Asian markets, Switzerland, UK and India

Creating a sound investment plan will help you achieve your financial goals more confidently. Read on to know more…

Mr. Sharma has rich and varied experience in Petroleum Industry. He joined IndianOil in 1983 and has handled various assignments in Finance function both in Marketing as well as the Refinery Division of Indian Oil. 

Two and three-wheeler giant, Bajaj Auto Limited reported its best July sales growth since 2010. The company sold 4 lakh units during the month, registering a growth of 30 per cent over the same period last year.

Few years back, a lot of fintech companies appeared on the Indian financial landscape. Many of them were robo-advisory firms that wanted to automate the entire investing process for an investor.

EBITDA for the quarter rose by 15.5 per cent yoy to Rs. 6.41 crore with a corresponding margin expansion of 29 bps. EBITDA margin for the quarter stood at 13.1 per cent.

This is an open-ended equity scheme, which seeks to invest in a diversified manner by allocating funds to the stocks of companies that can benefit from the ongoing structural changes and economic reforms in the country. 

The company has successfully registered four products for sale in the European Union region. Following the development, the stock of Indo Amines gained more than 6 per cent in early trade on Thursday.

Overall volumes in futures & options currently stand at 91.35 lakh contracts with a turnover of Rs. 9,15,343.18 crore.

Overall volumes in futures & options currently stand at 91.35 lakh contracts with a turnover of Rs. 9,15,343.18 crore.

Asset allocation is the single most important factor in ensuring financial success. In the broader sense, asset allocation includes a variety of asset classes like equity, fixed income, gold and real estate. Of this,equity, fixed income and cash/cash equivalents form the financial assets, while gold and real estate form physical assets. For the purpose of simple explanation, we will restrict to equity and debt. 

The Indian equity markets have turned volatile in the last few months. In the same period, the Indian rupee has also depreciated against the US dollar. DSIJ explains how you can use International funds to diversify your portfolio and gain from the falling rupee. 

Financial independence, though desired by many, is achieved by very few. Making a winning and sustainable portfolio will help you to achieve it. There is no secret mantra or rocket science to attain your financial independence early and securely. The formula is well researched, documented and open to all. 

The mutual fund industry has come a long way since 1993, when the first private sector players entered the space. In July 1993, Kothari Pioneer, a joint venture between Chennai-based Kothari Group and US-based Pioneer Mutual Fund, was the first private sector asset management company to get licence to launch MF products. Prior to that, the MF space in India was largely dominated by government-owned institutions and banks. But contrary to the general expectation that entry of private players would take the industry growth to the next level, the MF space remained a non-starter even after the entry of foreign firms such as Morgan Stanley. For the next ten years, AUMs of the industry grew at a laggardly rate of 10.5 per cent per year. 

Non-banking finance companies (NBFCs) have been on the radar of investors over the past few years. Indeed, many of the leading NBFC players have turned out to be multi-baggers, viz., Bajaj Finserv and Bajaj Finance. While the sector has been riding on decent growth trajectory over the past 3 to 5 years, it is worth looking at the sector afresh amidst increasing Advances of the NBFC sector increased by 21.2 per cent and investments increased by 13.4 per cent.

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.

CFOs are often the most trusted management resource for the investors. Leading CFOs of Corporate India interact with the DSIJ TEAM and share their company's vision and strategies in this CFO special edition

I am really appreciative of the DSIJ team for very appropriately taking up Cover Story “Underperforming Stocks: What Should You Do with them?” It has been very correctly brought out that holding the underperformers is a cascading risk which can wipe out the invested capital altogether.

Since its inception in the year 1997, PVR has transformed itself into India’s largest and premium film exhibition company. PVR Ltd, the integrated film and retail brand, has PVR Cinemas as its major subsidiary. 

Indian benchmark indices breached their major resistances and are hitting all-time high levels. Sensex had hit its first all-time high after January on July 12, while Nifty did it for the first time on July 26. Currently, the indices are trading at their peaks, making higher highs on a daily basis. The broader markets too witnessed bottom fishing and have succeeded in breaking their prior major resistances, depicting trend reversal in Mid-cap and Small-cap indices

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 stockmargin 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

Blue chip index stocks are fuelling the market rally, whereas companies with lacklustre, flat and disappointing earnings are being dumped by investors. Despite the rally, the market is reevaluating a large number of stocks that were earlier peaking on the back of mere sentiments. 

India’s largest currency derivative exchange, BSE has launched USINR Weekly Futures & options (F&O). The derivative exchange registered a daily average turnover of approximately Rs. 2130 crore in USINR Weekly Futures & options on the third day of its launch.

We said it in the issue no 10, volume 33, dated April 16-29 2018, even when everyone else was bearish on the markets that Sensex will reach 38000 by year end. Now, here we are at a kissing distance of the magic figure with almost five months to go for the markets to conclude the year. 

Going ahead, immediate support for the Nifty may come in at 11,310 and 11,260 levels, while on the upside, the level of 11,400 is likely to act as a stiff resistance, followed by 11,450. Stocks in news: Tata Power, Excel Crop Care, ICICI Bank, Punjab National Bank, Mangalore Chemicals and Fertilizers, NALCO, MCX, Gujarat Alkalies and Chemicals and Pratibha Industries.

Indian markets are likely to make a cautious start amid negative cues from Asian peers and following an overnight mixed session in the US. The SGX Nifty, which was trading with modest gains of about 8 points, indicated that Nifty could open at 11,367. Among Nifty 50 companies, Indiabulls Housing Finance and ONGC are due to report their earnings today. 

The stocks that are likely to witness significant movement on the bourses on August 2 are Zydus Cadila, HEG, TVS Motor, Exide Industries and Emami.

BSE Investments Limited (BSEIL), a 100% subsidiary of BSE acquired 24 per cent stake in CDSL Commodity Repository Limited (CCRL).

Apollo Tyres reported strong growth for Q1FY19 on the back of strong top-line aided by superior sales in the Asia Pacific and MEA segment

In the recent years, people are trending more towards MF investment rather than following the traditional investment options. But before investing one should always take care of the risks. That is one should always do some basic home work before investing and one should always link their investment with their financial goals.

In the past six months, the markets experienced both upswings and downslides. The roller coaster ride has triggered many investors to look at all the potential opportunities to reap returns.

The company's consolidated revenue for the quarter came in at Rs. 304.95 crore, registering 51.4 per cent yoy increase. The company registered massive jump in revenues from Lead, Aluminium and Turnkey projects by 43.9 per cent, 44.1 per cent and 528.7 per cent yoy, respectively.

The standalone revenue for the quarter came in at Rs. 1,913.52 crore, registering 8.2 per cent yoy increase. The company's Madura Fashion & lifestyle segment and Pantaloons grew by 5.1 per cent and 11.2 per cent yoy, respectively.

Emami reported strong volume growth Q1FY19 over the previous year, with market share gains in many segments

The central bank has increased the repo rate by 25 bps to 6.5 per cent in its third bi-monthly RBI policy review meeting for 2018-19. However, RBI has maintained a neutral stance on the economy.

To keep itself equipped with the latest technology in this digitalised world, Asia’s oldest stock exchange BSE on Wednesday launched Ask Motabhai, an artificial intelligence based chatbot.

EIH Hotels reported steady performance for Q1FY19 with deterioration in bottom-line.

Two and three-wheeler giant, Bajaj Auto Limited reported its best July sales growth since 2010.

Following stocks are close to their 52-week low as at 1.12 p.m. on August 1, 2018.

The markets on August 1, 2018 opened up. BSE Sensex is trading at 37,565.72, down by 40.86 points and the Nifty is trading at 11,356.25, down by 0.25 points. 

A consortium of oil exploring companies lead by Reliance received a favourable ruling in a dispute regarding unjust production of gas near the blocks allocated to ONGC in the Krishna-Godavari Basin.

Parag Milk Food, a dairy FMCG company has informed bourses on Wednesday that it will begin production process in its plant installed at the Sonipat, Haryana by end of this week. 

EBITDA for the quarter fell by 19.4 per cent yoy to Rs. 9.57 crore with a corresponding margin contraction of 105 bps. EBITDA margin for the quarter stood at 4.7 per cent.

TATA Motors reported a surprise loss in Q1FY19 due to weaker JLR earnings and foreign exchange losses in the first quarter of the fiscal year.

With the continued volatility in crude oil price and steep depreciation of the Indian rupee, the company expects a challenging second half, but will be taking appropriate actions to support the volume growth momentum.

Most of us consider the historical performance of the fund as a prime selection criterion. Read on to know the caution you need to take while zeroing on a fund.

EBITDA for the quarter rose by 4 per cent yoy to Rs. 210.94 crore with a corresponding margin contraction of 362 bps. EBITDA margin for the quarter stood at 31.2 per cent.

Overall volumes in futures & options currently stand at 55.40 lakh contracts with a turnover of Rs. 5,29,372.26 crore.

Overall volumes in futures & options currently stand at 55.40 lakh contracts with a turnover of Rs. 5,29,372.26 crore.

Going ahead, the level of 11,400 is likely to act as a resistance level and a move beyond this level may take Nifty towards the level of 11,470. Stocks in news: Jindal Steel and Power, Orient Refractories, Bank of Baroda, Tata Motors and Reliance Industries.

Today, the markets are likely to open in high spirits as India’s core sector posted a seven-month high growth of 6.7 per cent in June. Going ahead, investors would watch out for the Reserve Bank of India’s (RBI’s) policy announcement later in the day. Other data to be watched today will be Nikkei Manufacturing PMI data for the month of July and auto companies will be in focus as they will report their sales figures. 

The operating level profit turned positive with EBITDA of Rs. 20.67 crore as against operating loss of Rs. 3.41 crore in the corresponding quarter last year. The EBITDA margin for the quarter stood at 15.1 per cent.

Supreme Industries posted stable results for Q1FY18 on a QoQ basis. The company recorded exceptional gain on selling of its unit to a newly formed JV.

The stocks that are likely to witness significant movement on the bourses on August 1 include Bank of India, Dabur, Jindal Steel and Power, Cigniti Technologies and Tata Motors.

Kriti Industries reported tepid growth in top line with strong operational performances.

The profit during the quarter stood at Rs. 179.73 crore, registering a growth of about 43 per cent as against Rs. 125.32 crore recorded in the corresponding period of the previous year. The order book position of the company as on July 1, 2018 stood at Rs. 41,645 crore.

Texmaco Rail & Engineering Limited informed the bourses that its Rail EPC division has received an order of Rs. 521 crore for Bangalore Metro Rail Project - Phase 2.

The consolidated revenue for the quarter came in at Rs. 4,134 crore, registering 7.3 per cent yoy increase. This was primarily driven by rise in revenue from Agro activities and Non-Agro activities by 7.6 per cent and 7.3 per cent yoy, respectively.

In a volatile market, every investor is looking for good investment options to reap more and more returns. So post categorisation and reclassification of the MF schemes, SEBI has opened many doors for investment by introducing categories like balanced advantage fund.

Airlines operator stocks were being punished by investors in the first half of trade on Tuesday. Aviation bellwether stock, Interglobe Aviation reported an investor sentiment killer fall of 96.6 per cent dip in net profit.

Following stocks are close to their 52-week low as at 12.59 p.m. on July 31, 2018.

The markets on July 31, 2018 opened up. BSE Sensex is trading at 37,413.34, down by 81.06 points and the Nifty is trading at 11,305.35, down by 14.20 points.

Axis Bank reported strong improvement in the quarter on all fronts as the bank expects slippages to taper down, going forward.

Two of India's leading PSUs, BEML Limited and Heavy Engineering Corporation Limited (HEC) signed an MoU to meet the requirements of the mining industry.

Rural focused EPC player, RPP Infra Projects has secured orders worth Rs. 217.1 crore from Maharashtra’s Public Works Department (PWD), the company informed the bourses on Tuesday.

As of June 2018, the total number of registrations were 2,209 as compared to 2,157 as of March 2018. The company has another 984 registrations in pipeline across geographies.

Overall volumes in futures & options currently stand at 53.92 lakh contracts with a turnover of Rs. 5,15,736.20 crore.

Overall volumes in futures & options currently stand at 53.92 lakh contracts with a turnover of Rs. 5,15,736.20 crore.

Going forward, immediate resistance is seen around 11,350-11,375 followed by 11,450. On the other hand, Nifty now trades overbought and if it retreats, we expect the level of 10,260, followed by 11,180, as the support levels. Stocks in news: NHPC, Dr Reddy’s Laboratories, Mahindra and Mahindra, HDFC Bank and Texmaco Rail and Engineering.

The SGX Nifty, which was trading down by 14 points at 11,329, indicated that domestic bourses may open with modest losses at the opening bell. Among Nifty 50 companies, Power Grid, Tata Motors, UPL and Vedanta numbers are slated today. On the macro front, the government will release infrastructure output data for the month of June.  

The stocks that are likely to witness significant movement on the bourses on July 31 are HDFC Ltd, Tech Mahindra, Solar Industries, Thomas Cook and Cadila Healthcare.

Its EBITDA for the quarter rose by 57.1 per cent YoY to Rs. 13.32 crore, with a corresponding margin expansion of 316 bps. The EBITDA margin for the quarter stood at 16.5 per cent.

S&P BSE 200 index opened with a gap-up on Monday, followed by a gap filling but ultimately bounced back to close in green at its peak levels. The index had given a multiple resistance breakout near 4,750 and since then has hit higher high with just one breather in between. 5 BSE 200 stocks hit 52-week high on Monday.

Your behaviour shapes your style of investment. Read on to know more about emotional traps and how to override them.

Godrej Consumer Products reported steady results in Q1FY19. The top line grew in single digits while bottom-line grew strongly.

In terms of volume, tractor volume grew by 39.5 per cent at 24,494 units and construction equipment volume grew by 51.8 per cent to 1,345 units.

Jio has continued its strong subscriber growth trend with net addition during the quarter of 28.7 million (as against 26.5 million in the previous quarter). This is the highest net addition in any quarter since the launch of commercial services.

The company stated that clinical research business will hit top-line from the last quarter of the ongoing financial year. The company is expecting to add a revenue of Rs. 250 crores in the fifth year through clinical research services.

Thyrocare Technologies gained over 7.5 per cent in the early morning trade on Monday as the company announced plans to consider buyback of shares.

The net interest income for the quarter increased by 28 per cent yoy and 9.5 per cent qoq to Rs. 4,381 crore in Q1FY19 vs Rs. 3,405 crore in the same period the previous year. The interest income for the quarter rose by 10.3 per cent yoy to Rs. 11,639 crore in Q1FY19.

Aurobindo Pharma has received the final approval from the US Food and Drug Administration for Bivalirudin Injection indicated for the use as an anticoagulant in patients. The product will be launched in September 2018. With respect to the news, the shares of Aurobindo soared 2 per cent.

The markets on July 30, 2018 opened gap up. BSE Sensex is trading at 37,407.49, up by 70.64 points and the Nifty is trading at 11,290.45, up by 12.10 points.

Wockhardt Limited has set-up its first facility in the Middle East for manufacturing of NCEs (New Chemical Entities). It will cater to the global markets through its Dubai arm of its subsidiary Wockhardt Bio AG.

ICICI Bank posted a net loss in Q1FY19 due to higher provisions in the quarter. However, the bank also witnessed an improvement in asset quality.

The USFDA has accorded twin approvals to the company's bulk drug facilities in Baddi and Masulkhana, in Himachal Pradesh for export to the US market. The stock spiked up by more than 10 per cent on Monday.

Hyderabad-based logistic service provider, Gati Limited surged almost 30 per cent in three trading session amidst news that TVS Logistics is likely to acquire a controlling stake in the company.

Cerebra Integrated Technologies announced that the company has commenced construction of their second factory building that will be fully-automated, pollution-free, E-waste recycling facility to handle specifically white goods. Reacting to the announcement, the share price of the company has gone up by over 4 per cent.

Confidence Petroleum India has secured the orders for supply of 9.01 LAC LPG cylinders of capacity 14.2 kg amounting to Rs. 139.6 crore from Bharat Petroleum Corporation Limited (BPCL), informed the company on Monday.

With the rising interest rates FMPs form a good investment option. These investment options are able to deliver good returns in comparison to the traditional saving instruments. Let's explore fixed maturity plans (FMP).

Overall volumes in futures & options currently stand at 45.81 lakh contracts with a turnover of Rs. 4,15,201.42 crore.

Overall volumes in futures & options currently stand at 45.81 lakh contracts with a turnover of Rs. 4,15,201.42 crore.

Going ahead, the opening upside gap of 11,186-11,210 shall act as a key support zone for the index. On the upside, the level of 11,300-11,345 is seen as immediate resistance zone for the Nifty. Stocks in news: Thyrocare Technologies, Karda Constructions, Jubilant Life Sciences, Pioneer Distilleries, Godrej Consumer Products and IDFC Bank.

On Monday, we expect Indian markets to continue its upward trajectory. The SGX Nifty, which was trading up by 9 points at 11,326, indicated that domestic bourses may open in the green at the opening bell. Among Nifty 50 companies, Axis Bank, HDFC and Tech Mahindra will announce their results today. The owner of brands like ‘W’, ‘Aurelia’ and ‘Wishful’, TCNS Clothing is set to make its debut on the bourses today. 

There are many reasons why stocks should not be bought on borrowed funds. Let us look at some of the compelling ones.

Retail investors have poured Rs 1,33,903 crore in mutual fund schemes during the first quarter (Apr-June) of FY2018-19 as compared to Rs 93,400 crore during Apr-June quarter of FY2017-18, showing an impressive growth of more than 43 per cent over the corresponding quarter previous year.

Taxpayers who have been repaying their home loans and education loans through FY2017-18 can avail tax rebates under various sections of the Income Tax Act. Let us look at the details of the benefits available for such taxpayers.