Can you tell us about the amendments in respect of investment in capital gains bonds?

At present,an assessee can claim deduction upto Rs 50,00,000 from Long Term Capital Gain (LTCG) on the sale of any capital asset by making an investment in specified bonds under section 54EC of the Act within six months of the date of sale.

Equity funds play an important role in the portfolios of long-term investors because of their potential to generate higher returns than traditional investment options. However, one must have the patience and the capacity to withstand the periodic volatility to benefit from the true potential of these funds. 

Mr. Nikhlesh Katariya, 36, is in private service and lives in Noida with his wife Mrs.Krishna Katariya, age 32, who is a housewife and has a son who is one year old. He earns a salary of Rs 2 lakh per month. After catering to his household expenses, Mr Katariya has a surplus of Rs 100,000 per month. 

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 

This is an open-ended equity scheme that invests in securities of top 200 companies by market capitalisation. The fund will invest at least 95% of the corpus across the top 25 holdings in the portfolio excluding debt and money market securities. 

With the strong inflows in equity funds, the mutual fund industry has been buoyed by the rising assets under management. These rising inflows led to creation of many funds having huge assets under management (AUMs).

The lucky charms of the investors—mid-cap and small-cap funds—have been bleeding since last five months. Since the start of the year, the broader indices such as S&P BSE Small-cap and BSE Mid-cap indices have fallen by 16.81% and 13.46%, respectively.

Cement and textile stocks are showing weakness and are underperforming the broader markets. Tanay Loya and Yogesh Supekar explore if these set of stocks have bottomed out and whether good days lie ahead for these sectors.

The recent jump in prices of pharma stocks has prompted investors to have a fresh look at these stocks.

Nifty witnesses pullback of trendline breakdown; Heading Towards 10830-10850 Zone

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

The volatility may be induced with escalation in the global trade war rhetoric. The continuation of consolidation in the markets cannot be ruled out. The progress of monsoon, movement of currency and crude oil prices, and the start of the next earnings season will set the tone of the market going forward.

Koovs is an Indian business listed on London Stock Exchange (LSE), led by Lord Waheed Alli. The company operates through an online shopping portal for clothing, while Future Lifestyle Fashions Limited, is a Future Group company.

After a dream run of year 2017, Indian equity markets are currently facing a reality check. Since the start of this year, we have been witnessing a rise in volatility in the equity markets. Moreover, we do not see this volatility waning away in a hurry due to various domestic and international factors.

One of the dominant themes in the Indian economic background this year has been falling rupee. The rupee has lost almost 10% against the dollar from the start of the year and dropped to its lowest on July 2 and touched 69.10 per dollar. What prompted such a fall is huge selling by foreign portfolio investors (FPIs) in the domestic equity and bond markets. The FPIs have pulled out a cumulative USD 9.4 billion from equity and bond markets since January this year. 

A midst the turbulent global equity markets, the Indian market is showing signs of stability and calmness. Agreed, the stock prices are not going higher, but the prices are not falling either, as they are in other emerging markets, including China. The key benchmark index is down by merely 1,000 points from its all-time high of 36,443, which to my mind is no big deal. This fall of 1,000 points in Sensex is despite the relentless selling by the FIIs in the Indian markets. The FIIs have sold close to Rs 20,400 crore (net) over the last three months (AprilMay-June) and yet our markets have absorbed such selling pressure as if it was a non-event. My point is that the Indian markets are reflecting remarkable resilience, which is a proof that the overall condition of the economy is steady. 

Overall volumes in futures & options currently stand at 90.19 lakh contracts with a turnover of Rs. 8,72,089.67 crore.

Overall volumes in futures & options currently stand at 90.19 lakh contracts with a turnover of Rs. 8,72,089.67 crore.

Going ahead, the follow-through strength and a close above 10,780-10,785 would lead to acceleration of upward momentum towards swing high of 10,837. Stocks in news: Biocon, Unichem Laboratories, FIEM Industries, Som Distilleries & Breweries, Future Lifestyle, Va Tech Wabag and Seamec.

Markets in India are likely to make a quiet start tracking the lacklustre movement seen across Asian markets. Nifty 50 index future on the Singapore stock exchange is currently trading with modest gains of 3 points at 10,776.    

The stocks that are likely to witness significant movement on the bourses on Thursday, July 5 are, Yes Bank, FIEM Industries Limited, Shriram Transport Finance, TCS, Wipro, Infosys

In its clarification the company stated that promoter group, and its associates, have enough funds to repay this debt whenever it is due.

YES Bank received the final regulatory approval from the Securities & Exchange Board of India (SEBI) to commence its Mutual Fund business, the bank announced on Wednesday.

Indian pharmaceutical company Unichem has received final ANDA approval from USFDA for asthma drug, Montelukast Chewable Tablets, 4 mg and 5 mg.

The share price of Prakash Industries added 3.3 per cent intraday on Wednesday after the company reported its highest ever quarterly sales volume in the June quarter of FY19. 

There is buzz in the market that GVK Group might sell controlling stake in TAJGVK to Fairfax Holding. The company TAJGVK Hotels & Resorts Limited is a joint venture between the Tata Group's Indian Hotels Company Limited (IHCL) and the GVK Group.

Bagging high returns with minimum risk exposure is what most investors carve for. To address this investor demand, there are several products in the mutual fund market and arbitrage fund is one of the better-known investment options, with the lowest risk exposure.

ISGEC Heavy Engineering Limited gained 6 per cent after the company was declared as the lowest bidder (L-1) for a thermal power project.

The stock prices of Dena Bank went up by 5 per cent on Wednesday as the bank plans to sell 60.5 lakh shares in three entities, NSDL E-Governance Infrastructure Ltd, National Securities Depository Ltd and SIDBI.

Kwality Limited hits a lower circuit on Wednesday after the company deferred its share buyback proposal. The stock fell 5 per cent to hit a 52-week low of Rs. 20.65 on BSE.  

Following stocks are close to their 52-week low as at 12.42 p.m. on July 4, 2018.

The markets on July 4, 2018 opened up. BSE Sensex is trading at 35,453.46, up by 74.86 points and the Nifty is trading at 10,720.80, up by 20.90 points. 

The duty-free, travel retail chain operator Flemingo Travel Retail gets SEBI's approval to proceed with its Rs. 2,600 crore IPO. The company operates with a motto, we only sell quality tours.

Investors slammed the stock of Shriram Transport Finance in the morning session on Wednesday due to an off-balance sheet liability of Rs. 871.76 crore.

Jiya Eco Products’ subsidiary company, Jiya Eco Gandhidham, is setting up new pellet plant in 3 acres field at Gandhidham in the state of Gujarat. Commencement of operations at the new plant will benefit the company's renewable energy segment and drive growth.

GE Power India gained over 2.5 per cent in the morning trade on Wednesday after the company announced receiving an order worth Rs. 468 crore from BHEL.

Overall volumes in futures & options currently stand at 62.07 lakh contracts with a turnover of Rs. 5,74,868.04 crore.

Overall volumes in futures & options currently stand at 62.07 lakh contracts with a turnover of Rs. 5,74,868.04 crore.

Wednesday’s session will see the level of 10,736 and 10,760 as a stiff resistances on the upside, while on the downside, the nearest support is seen at the level of 10,600 and it would be important to see if this level remains protected and respected by Nifty. Stocks in news: M&M Financial, ISGEC Heavy Engineering, GE Power, Kwality, Vedanta, Dena Bank and Fortis Healthcare.

The Indian markets are expected to have a negative opening today due to persistent weak global cues. Nifty 50 index future on the Singapore stock exchange is currently trading down by 23 points at 10,709.

8K Miles Software Service, an IT company has added new clients in the pharmaceutical sector to provide them with a wide range of solutions.

The stocks that are likely to witness significant movement on the bourses on Wednesday, July 4 are GE Power India Limited, Mahindra and Mahindra Fin services, Aban Offshore limited, Tata Chemicals and Tata Global Beverages.

Post SEBI’s circular, the hybrid schemes have been categorised under 6 subcategories. These categories have different approaches and investment styles. Let's look at how these categories are defined.

Uflex Ltd. a leading manufacturer of adhesives, printing inks, coating and polyols for packaging and related applications, has launched general performance, single component solvent-less PU adhesive – FLEXBON 00512.

The stock of Kiri Industries was trading up by 20 per cent after the company informed the bourses that a Singapore court has ruled in favour of the company.

Rain Carbon, a subsidiary of Rain Industries has stated that they will commence the construction of new resin polymerization and hydrogenation plant by the end of this month at Castrop-Rauxel, Gemany.

India's largest interior infrastructure company Greenply has gone up 5 per cent on July 3, after the company began commercial production at the Andhra unit.

NBFC Manappuram Finance has announced entering into an agreement to acquire 85.39 per cent stake in Indian School Finance (ISFC) for about Rs. 212.20 crore.

Following stocks are close to their 52-week low as at 12.34 p.m. on July 3, 2018.

The markets on July 3, 2018 opened up. BSE Sensex is trading at 35,383.12, up by 118.71 points and the Nifty is trading at 10,695.30, up by 38.00 points. 

As of March 31, 2018 the company’s order backlog was at Rs. 32,532 crore, which translates to a book-to-bill of 3.9x (excluding recently bagged orders). This gives a strong revenue visibility for the next 3 to 4 years.

The contract is likely to be completed within 18 months. The company is currently having an order book of around Rs. 1,963.64 crore including the above-mentioned order.

Leading private lender Capital First acquires 7 per cent stake in micro-finance company Village Financial Services Limited. The stock experiences volatility on Tuesday.

The recategorization of mutual funds has created many new fund categories. Under the equity funds, the schemes following contra, value and focused strategy have been categorised differently.

Two-wheelers giant Hero MotoCorp gained over 2 per cent in the morning trade on Tuesday after company posted 13 per cent growth in its sales number in June. 

Overall volumes in futures & options currently stand at 61.63 lakh contracts with a turnover of Rs. 5,63,024.34 crore.

Overall volumes in futures & options currently stand at 61.63 lakh contracts with a turnover of Rs. 5,63,024.34 crore.

The level of 10,600 is a key support level to watch out for, as the violation of the key support level of 10,600 will signal further loss of momentum and the current corrective phase could extend up to the level of 10,529, where the 100-DMA is placed. Stocks in news: NCC, Parag Milk Foods, Aurobindo Pharma, Tata Power, Strides Shashun, Nestle India, NIIT Technologies and Greenply Industries.

Indian stock markets are expected to open on a cautious note as cues from Asian peers are not encouraging. Nifty 50 index futures on the Singapore stock exchange is currently trading marginally up by 11 points at 10,661.  

Bharat Hotels has submitted papers to Securities and Exchange Board of India for its Initial Public Offering of equity share of Rs.1200 crore.

After opening at marginal gain of 2.7 per cent from its issue price the stock in its first trading day spiked almost 12 per cent on intraday basis. The stock managed to close at Rs. 212.7 per share. 

Mining baron Anil Agarwal announced plans to de-list Vedanta Resources Plc from the London Stock Exchange (LSE) after promoter group made a cash offer to buyout around 33 per cent of the public shareholding in the company, on Monday.

The fall in the value of the Indian rupee in most cases is accompanied by a fall in Sensex. Read on to find if there is a direct relation between them.

Ibuprofen Tablets generally act as a pain relief and used to relieve the pain in case of headache, dental pain, muscle ache or arthritis.

After two consecutive monthly price hikes, this price reduction may bring some relief for aviation players as aircraft fuel forms around 35 to 40 per cent of total expenses.

The company's plant in Chittoor, Andhra Pradesh started commercial production of MDF on July 1. The plant has an annual capacity of 360,000 cubic meters.

Onward Technologies Limited has set up another dedicated engineering design centre in Pune. The centre caters to the services across product and manufacturing engineering domains for a global manufacturing player in North America.

Fair trade regulator Competition Commission of India (CCI) has approved the merger of Bharti Infratel and Indus Towers Ltd.

IDBI Bank's shares moved up 6 per cent after the Insurance Regulator Development Authority of India ( IRDAI) waved the green flag for the proposal allowing Life Insurance Corporation of India to buy upto 51 percent in the bank on Monday.

Following stocks are close to their 52-week low as at 12.52 p.m. on July 2, 2018.

The markets on July 2, 2018 opened up. BSE Sensex is trading at 35,130.90, down by 292.58 points and the Nifty is trading at 10,620.02, down by 94.25 points. 

Overall volumes in futures & options currently stand at 48.77 lakh contracts with a turnover of Rs. 4,35,467.26 crore.

Overall volumes in futures & options currently stand at 48.77 lakh contracts with a turnover of Rs. 4,35,467.26 crore.

BSE has announced entering into an agreement with Bombay Metal Exchange (BME) for the systematic development and growth of commodity derivatives markets in the Non-Ferrous Metals complex.

Even as the benchmark indices were bleeding, the newly listed stocks of RITES and Fine Organic gave investor something to cheer about, on Monday. RITES is trading 10 per cent higher than its listing price, while Fine Organic is up 3 per cent.

Going ahead, as we step into the first trading session of the July month, we may see a muted opening and the levels of 10,760, followed by 10,790, are likely to play out as immediate resistance levels for the Nifty. On the way down, immediate support level of Nifty is placed at 10,690, which also happens to be its 50-DMA. Stocks in news: Thermax, Bharti Airtel, Tata Steel, Endurance Technologies, MOIL, Cadila Healthcare, ONGC, Dilip Buildcon, Bharat Financial, Reliance Industries and Bosch.

A flat opening is in store for Indian markets as cues from Asian peers are tepid. The auto stocks will be in the limelight as auto numbers for June have once again flattered, albeit on a smaller base. Investors will also keep an eye on India’s manufacturing sector data for June which is slated to be released today. Nifty 50 index futures on the Singapore stock exchange is currently trading marginally down by 11 points at 10,680.  

When there is a monopoly or a duopoly in a sector or industry, you can be sure there are plenty of barriers to the entry of other players in the sector or the industry. Such companies make supernormal profits as they can dictate the price at which their products or services are available to the customers and, therefore, their shares command premium pricing on the stock markets.

The term ‘economies of scale’ is synonymous for efficiency in production of goods and services. It simply means that as the business grows bigger and bigger, the cost of production per unit declines progressively.

It is claimed that the price of a stock on the stock market is the function of demand for that stock and the available supply at a given point of time, apart from the fundamental factors that come into play in the pricing of the stock.

You must have often heard or read about the ‘power of compounding’ and if you are not conversant with matters of finance, you may not know what it actually means. Actually, it is quite simple: It just means that you get paid interest on the principal amount as well as on the accrued interest at regular intervals. The exponential effect of this power of compounding is astounding.

If you are planning to quit your job and thinking of becoming an entrepreneur having a start-up of your own, you need to take some steps to secure yourself financially before you venture into business.

NTPC has acquired 27.36% equity of Bihar State Power Generation Company (BSPGCL) in Kanti Bijlee Utpadan Nigam (KBUN) which owns 610 MW Muzaffarpur Thermal Power Station and 50% equity of BSPGCL in Nabinagar Power Generating Company (NPGC) which is developing 1980 MW Nabinagar Super Thermal Power Project in district Aurangabad, Bihar.

India’s current account deficit (CAD) seems under pressure with rising oil prices and depreciating rupee adding to the worries. The Indian rupee touched an all-time low mark of Rs. 69 per dollar on Friday.

The star IPOs of the past week, Fine Organic and RITES Limited are slated to list on the exchanges on Monday. Both the IPOs were well-subscribed inspite of volatile market condition during the week.

Recently, SEBI has recategorized balanced funds into three categories that is Aggressive hybrid funds, Balanced hybrid funds and Conservative hybrid funds. So investors should know the basic information that they must look into while investing in these mutual fund schemes.

Wipro announced that the company has completed the divestment of Wipro Data Centre and Cloud Services Inc, business in Germany and UK for a consideration of US$ 399 million. 

V2 Retail Limited has announced that it has opened its 63rd ‘V2 Retail’ store in India. This store is opened at Lucknow, Uttar Pradesh. This is the retail chains 14th store in Uttar Pradesh. V2 Retail's stores are spread across 17 states and 57 cities.

ICICI Bank, which has been going through a management crisis off-late, has announced appointment of Girish Chandra Chaturvedi as its non-executive part-time chairman, with effect from July 1, for a period of 3 years.

Kalpataru Power Transmission Limited (KPTL) informed bourses on Thursday that company has secured new orders worth Rs. 1,235 crore.

Lupin, the tuberculosis drug specialist company, in which Rakesh Jhunjhunwala holds 1.9 per cent stake was trading 1 per cent higher when the Pharma index was flat. On Friday, Lupin grabbed the second position as the top pharma gainer after Divis Lab which was trading 3 per cent up.

If we see the performance of large-cap funds, more than 20 schemes are under performing their respective benchmark since the start of this year.

Agrochemical firm Insecticides India Limited launched new products in Punjab for cost-effective control of pests and diseases that would increase agricultural yield.

Following stocks are close to their 52-week low as at 1.10 p.m. on June 29, 2018.

The markets on June 29, 2018 opened gap up. BSE Sensex is trading at 35,324.88, up by 287.24 points and the Nifty is trading at 10,682.20, up by 93.10 points. 

The shareholding pattern of ICRA, as of the end of March, showed that Punjab National Bank was holding almost 3,40,000shares, which represents almost 3.43 per cent stake.

India International Clearing Corporation Ltd. (India ICC), the clearing arm of India International Exchange (India INX) has announced the acceptance of AAA-rated international sovereign securities as collateral from its clearing members and custodians.

Overall volumes in futures & options currently stand at 2.14 crore contracts with a turnover of Rs. 19,55,855.51 crore.