Indian shares are expected to open modestly higher on Thursday, shrugging off weak global cues. The SGX Nifty suggests that Nifty could open higher by 39 points around the level of 11,542.

Angel Broking Limited, a leading broking house has filed a Draft Red Herring Prospectus (DRHP) with SEBI.

Major indices have witnessed bloodbath from the start of this week. For the third consecutive day on Wednesday, the indices have shed considerable gains. Where the benchmark indices Nifty and Sensex tumbled more than 3 per cent, BSE Midcap index underperformed by plunging nearly 5.5 per cent.

Centrum Financial Services Limited signed an agreement to acquire L&T Finance's Supply Chain Finance business on Wednesday. The supply chain vertical provides working capital finance to entities that are suppliers to large industrial manufacturers and Original Equipment Manufacturers (OEMs). The company also provide channel finance and inventory finance to dealers. Its combined customer base is nearly about 800.

The Thomas Cook (India) Group announced the reduction of debt making it debt-free by September 30, 2018. The group will pre-pay Rs. 67 crore non-convertible debentures.

Following stocks are close to their 52-week low as at 1.02 p.m. on September 05, 2018.

The markets on September 05, 2018 opened up. BSE Sensex is trading at 37,893.59, down by 264.33 points and the Nifty is trading at 11,440.85, down by 79.45 points. 

The company is having a strong pipeline of products in the extended-release space and this is the second extended-release product approval for the company.

Founders of Fortis Healthcare Shivinder Singh and Malvinder Singh are now at loggerheads with the younger brother Shivinder taking elder brother Malvinder and ex-Chairman of Religare, Sunil Godwani to court alleging mismanagement.

Overall volumes in futures & options currently stand at 1.00 crore contracts with a turnover of Rs. 10,17,418.71 crore.

Overall volumes in futures & options currently stand at 1.00 crore contracts with a turnover of Rs. 10,17,418.71 crore.

Nifty is currently placed near the immediate support range of 11,480-11,500. Stocks in news: LT Foods, Texmo Pipes and Products, Mcnally Bharat Engineering and Goldiam International.

Indian markets may open lower on weak global cues. All eyes will be on the rupee and the bond yields which will determine the further course of action for the markets. The SGX Nifty suggests that Nifty could open lower by 23 points around the level of 11,559.  

NTPC has started its first electric vehicle charging station in Simhadri, Vishakhapatnam in the state of Andhra Pradesh (AP) in line with the government's plan to switch to clean mobility. The company focuses on promoting clean energy transportation in the country and increasing demand for electric vehicles and power generation.

ITI has signed agreements with 58 start-up companies manufacturing solutions related to information and communication technology (ICT), Internet of Things (IoT) and defence technology, to provide fillip to entrepreneurship.

Cyient's joint venture with BlueBird Aero Systems, Israel has received a supply order from the Indian armed force for high altitude aerial surveillance UAV. This is the company's first order from the Indian Army.

The US drug regulator has completed the inspection at Lupin's Tarapur facility with one observation, a procedural deficiency, said the company in a filing to the exchange.

Following stocks are close to their 52-week low as at 12.58 p.m. on September 04, 2018.

The markets on September 04, 2018 opened up. BSE Sensex is trading at 38,374.10, up by 61.58 points and the Nifty is trading at 11,588.45, up by 6.10 points. 

India's market regulator has re-issued a circular asking for Know Your Client (KYC) compliance from Foreign Portfolio Investors (FPIs). The move is aimed at curbing money laundering, especially ahead of 2019 general election.

Overall volumes in futures & options currently stand at 62.08 lakh contracts with a turnover of Rs. 6,07,405.41 crore.

Overall volumes in futures & options currently stand at 62.08 lakh contracts with a turnover of Rs. 6,07,405.41 crore.

Going ahead, Nifty has support placed around the level of 11,550, which is 50 per cent retracement level of the recent upmove, followed by 11,500, which is 61.8 per cent retracement level. On the upside, the level of 11,640 is likely to act as a stiff resistance for the Nifty. Stocks in news: Persistent Systems, Reliance Infrastructure, Hotel Leela venture, NHPC, Yuken India, Jet Airways, Reliance Capital and Idea Cellular.

Today, the markets are likely to make a cautious start amid negative global cues. Around the globe, investors are nervous about the possibility of an escalating trade war between the world’s two largest economies, US and China. On the domestic front, market participants will keep a close watch on the rupee and the bond yields. The SGX Nifty suggests that the Nifty could open lower by 2 points around the level of 11,628.  

The shares of Ashok Leyland climbed up more than 4 per cent intraday and closed at Rs. 133.40 per share, up by 3.21 per cent after the company announced its sales figures. The company’s sales increased by 27 per cent to 17,386 units YoY. Meanwhile, Tata Motors closed in red, down by 0.15 per cent at Rs. 266.70, despite reporting good sales numbers.

The company has won the contract for Hospital Management Information System (HMIS) from the Municipal Corporation of Greater Mumbai.

Reliance Infrastructure (Relinfra) announced the payment of all outstanding electricity duty and other taxes amounting to Rs. 2,640 crore payable to the Maharashtra government. Stock retreated in the second half of Monday’s session after rallying for 5 consecutive trading days and a half-day today, breaching previous day’s high.

Piramal Enterprises dropped more than 3 per cent after Citi maintained a Neutral stance on the stock. The recent correction coupled with rising volumes and 14-period RSI negative crossover in the overbought zone could be a pullback or a profit booking at peak levels.

Following stocks are close to their 52-week low as at 12.34 p.m. on September 03, 2018.

The markets on September 03, 2018 opened gap up. BSE Sensex is trading at 38,725.52, up by 80.45 points and the Nifty is trading at 11,704.90, up by 24.40 points.

Balkrishna Industries Limited key player in the off-highway tyre segment is looking for additional capex of around Rs. 1,700 crore over a period of 30 months.

The construction arm of Larsen & Toubro has won orders worth Rs. 2,654 crore across two of its business segments from Maharashtra State Road Development Corporation Limited (MSRDC).

Ramky Infrastructure plans to sell 100 per cent stake in NAM Expressway Limited. The company has signed a share purchase agreement with Cube Highways Private Limited, Singapore for the deal.

Wipro Limited has won a deal involving 10-year engagement to provide a comprehensive suite of solutions and services to US-based company Alight Solutions LLC. Alight is a leader in technology-enabled health, wealth, HR and finance solutions.

The company's wholly-owned subsidiary has entered a pact to invest US$ 18.6 million for 46 per cent stake in General Graphene Corporation.

Overall volumes in futures & options currently stand at 57.71 lakh contracts with a turnover of Rs. 5,55,158.27 crore.

Overall volumes in futures & options currently stand at 57.71 lakh contracts with a turnover of Rs. 5,55,158.27 crore.

On Monday, we might see some green shoots at the opening bell as a rub-off effect of the strong GDP data, which came in post market hours on Friday. But on the higher side, the zone of 11,730-11,760 is likely to act as a strong hurdle for the index. Stocks in news: Godrej Consumer Products, Ramky Infrastructure, HCL Technologies, LT Foods, Wipro, Graphite India, Idea Cellular, MOIL and HCC.

Indian markets are expected to witness a positive start despite the wobbly global cues, as traders will be reacting to GDP numbers which were released post market hours on Friday. The economy grew at a rate of 8.2 per cent, beating the analyst expectations. Going ahead, traders will keep a watch on Nikkei India Manufacturing PMI for August which is due to be released today.  

Since the last couple of months, mutual fund investors have been receiving letters and emails from fund houses informing them about the change in total expense ratio (TER) of the scheme they have invested in. If you are one among them, you might have wondered what you should make of it. 

Usage of credit card abroad attracts various kinds of charges which can inflate your credit card bill quite a lot. Some of these charges include foreign currency conversion fee, transaction charge, cash withdrawal fee, etc. plus the mark-up charges as applicable.

The unpredictability of events in life and the uncertainty of life itself lend significance to life insurance.  Life insurance protects the near and near ones from the unexpected vagaries of life such as road, rail or air accidents, critical illnesses such as cancer, stroke, heart attack, paralysis, etc. and from the eventuality of death itself.

Mutual fund houses launch bond funds for conservative investors who expect steady returns on their investments. That apart, bond funds are also more tax-efficient than fixed deposits for investors in the higher tax bracket. However, there are certain risks associated with bond funds. Let us examine the kind of risks that bond funds are exposed to.

If you are among those who rush to invest in initial public offers (IPOs) of companies, you need to know how to decide which IPOs to invest in and which ones to avoid. If you go by the hype and the hoopla in the market, you may be in for a shock if the company goes down under.

The movement in rupee has different implications for different sectors and funds. Read on to find which sectors have outperformed in the last one year.

KEC Internationalhas won new orders for a consideration of Rs. 1,010 crore. The stock of KEC International witnessed volatile trade where it hit a high and low of 2 per cent and 1.2 per cent, respectively and ultimately closed flat.

The company has received Letter of Acceptance from Maharashtra State Road Development Corporation for construction of access controlled on Nagpur-Mumbai super way. The company is also declared L1 for three other projects in Delhi and Karnataka.

Following stocks are close to their 52-week low as at 12.40 p.m. on August 31, 2018.

The markets on August 31, 2018 opened down. BSE Sensex is trading at 38,586.03, down by 104.07 points and the Nifty is trading at 11,654.45, down by 22.35 points. 

PNC Infratech has received Letter of Award (LoA) from Maharashtra State Road Development Corporation for a contract worth Rs. 1,999.52 crore.

The stock of Jet Airways dipped extending its losses on Friday after the company confirmed that it has received notification from the Registrar of Companies (RoC) in connection with its financials.

Overall volumes in futures & options currently stand at 1.92 crore contracts with a turnover of Rs. 19,31,285.99 crore.

Overall volumes in futures & options currently stand at 1.92 crore contracts with a turnover of Rs. 19,31,285.99 crore.

Dilip Buildcon (DBL) has bagged new EPC order worth Rs. 1,698 crore from the Maharashtra State Road Development Corporation Limited, informed the company on Thursday.

Today, Indian stock markets are likely to open on a subdued note  tracking weak cues from the global market indices. However, the GDP and other core data would be closely watched, which may bring in some cheer in the markets. The SGX Nifty  is trading flat to negative at 11724, shedding 12 points at 7:40 hours. 

Indian benchmark indices ended on a flat to negative note after a volatile session amid August F&O expiry. The benchmark index Nifty opened on a positive note but started declining since the very beginning. Nifty bounced back in the last half-an-hour to close on a flattish note. Nifty has corrected for two consecutive days post a Doji at all-time high level. Hence, we may see some more correction in the near term if Nifty slips below 11640 level, in which case, we hold 11620-11595, followed by 11530, as the supports. However, Nifty succeeded in taking a support at 50% retracement of the prior upward rally from 11532 to 11760 making a hammer-like pattern on the daily time frame. Hence, in case Nifty reverses from here and crosses the crucial level of 11690, we hold 11700, followed by 11760, as the resistances.  

This is an open-ended equity scheme which seeks to generate long-term capital appreciation by investing in mid-cap companies, dominantly. The scheme currently invests around 75 per cent of its corpus in mid-cap companies.

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

High risk taking investors can take exposure in ITI Ltd. (BSE Code 523610).

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).

Editor's views on the capital markets, stock reviews and word on Dalal Street.

I am impressed by your cover story on systematic investment plan. I should tell you it was an eye-opener. I liked the story and hope you will continue writing such stories.

ITI Limited has bagged an Advanced Work Order (AWO) from BSNL. The stock prices surged over 19 per cent intraday.

Timken India Limited, a subsidiary of The Timken Company announced the completion of ABC Bearings Limited's acquisition. The two companies, ABC Bearings Limited and Timken India Limited were merged by way of exchange of shares.

The stocks of airline operators extended their fall on Thursday as crude oil prices further strengthened in the International market. OMCs hiked ATF prices following the continued weakening of the rupee.

Investors are always advised that they should never try to catch a falling knife. Tanay Loya and Yogesh Supekar explain why catching a falling knife deftly can be highly profitable.

Though certain firms (like Natco Pharma, Edelweiss, IOC) reported healthy Q1 earnings, their prices corrected sharply on the day after their results were announced. Many investors, who are retail investors like me, cannot understand this peculiar behavior of the market. Kindly clarify on this.

In the first phase, the company will invest Rs. 77 crore for 67 per cent stake in Ampere Vehicles. Further, in the second phase, the company can acquire another 13 per cent stake at its discretion over the next three years.

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.

Numerous academic studies have shown that different categories of stocks perform in different periods. Depending upon the economic cycle and stage of stock market cycle, stocks from different sectors and market caps perform. A common investor neither has the knack to understand these cycles nor does he have the time to analyse these cycles and shift his investment accordingly

Sensing an expected increase in rural inflation due to increase in Minimum Support Prices (MSP) of Kharif crops, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI)announced an increase in policy rates once again.

The apex bank of India, RBI, raised the key policy rates recently in its bi-monthly meeting. This is the second time this year that the central bank has raised the policy rates. Earlier, in the month of June, it had raised repo rate by 25 basis points. With these hikes, the repo rate currently stands at 6.5 per cent.

Mutual fund investors choose to invest or reject funds based on a variety of criteria. DSIJ explains why a good portfolio remains the most important one of them.

Following stocks are close to their 52-week low as at 12.53 p.m. on August 30, 2018.

The markets on August 30, 2018 opened up. BSE Sensex is trading at 38,684.03, down by 38.90 points and the Nifty is trading at 11,678.15, down by 13.75 points. 

The normalisation of monetary policy in the global economy that started in the year 2015 has gained strength. The US Federal Reserve has raised rates twice this year and is widely expected to do so again next month and in December.

In an ever-changing financial landscape, investing money judiciously can be quite challenging. Besides, for those investors who have a habit of allowing emotions to influence their investment decisions at different stages of their investment journey, the process becomes even more complex for them. 

The company is engaged in the purchase, manufacture and sale of motor vehicles, its components and spare parts (automobiles). The other activities of the company include facilitation of pre-owned car sales, fleet management and also car financing.

India's largest digital Infrastructure, BSE StAR MF recorded 6000 SIP in single a day by Arihant Capital on August 20, 2018. Mutual funds Distributors leveraging BSE StAR MF have created progressively and frequently creating records for SIP registration in a single day.

In this edition, we have reviewed Esab India and Fairchem Speciality. We suggest our reader-investors to HOLD Esab India and Fairchem Speciality

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

Databank

The 52-week high-low data is among the most tracked by the investors. Shohini Nath and DSIJ Research Team find out whether any strategy can be devised around such interesting market data

Paper stocks have surprised investors in the past one month or so. Amir Shaikh finds out what is brewing in the paper industry and whether paper stocks present an investment opportunity.

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.

Indian stock market bulls are on a shopping spree, buying a select few at a premium with quality assurance, while ignoring the cheaper ones. A handful of frontline index stocks have driven more than 95% of the key benchmark indices' rally to the record levels.

Vinati Organics Ltd (VOL) is a specialty chemical company producing aromatics, monomers, polymers and other specialty products. VOL has been able to deal effectively with the cost advantage of Chinese counterparts in the recent past. Technological advance and economies of scale have helped the company to become a key producer of specialty chemicals. VOL is amongst the largest producers of 2-acrylamido 2 methylpropane sulfonic acid (ATBS), IBB (iso butyl benzene) and IB (iso butylene) products in India.

Aditya Birla Capital and Varde plan an exclusive partnership to strategically invest in stressed assets in India, through a joint venture. Varde has invested approximately US$500 million in India across corporate distressed, stressed and special situations and lending assets in the past five years.

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

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

With a generous helping from blue-chip companies, BSE Sensex has outclassed its Asia peers this year. The benchmarks gained significantly during the fortnight. Also ushering the broader market’s comeback, the BSE Mid-Cap index surged 2.11 per cent, followed by BSE Small-Cap, which was up by 0.48 per cent.

Overall volumes in futures & options currently stand at 1.13 crore contracts with a turnover of Rs. 10,80,211.83 crore.

I think by now most of us are convinced about the bull market we are in. What is heartening to see is that the mid-caps and the small-caps are catching up with the large-caps. In fact, the mid-caps are outperforming the large-caps, if we consider the previous month’s performance. I am now looking at 42,000 level in the Sensex by March 31, 2019. 

Overall volumes in futures & options currently stand at 1.13 crore contracts with a turnover of Rs. 10,80,211.83 crore.

Going ahead, the zone of 11,600-11,640 is likely to act as an immediate support zone and any cool-off upto these zones may attract fresh buying. Stocks in news: Greaves Cotton, Aditya Birla Capital, Laurus Labs, Reliance Infrastructure, Jain Irrigation and National Fertilizers.

Today, the start of the August series F&O expiry session is likely to be positive; however, we may see lot of volatility as the session progresses as traders balance their positions to the new series. The SGX Nifty suggests that Nifty could open with an uptick of 17 points the around level of 11,720. 

Benchmark plays an important role in evaluating a fund’s performance and you should closely look at it before committing your funds.