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.

The Securities & Exchange Board of India (SEBI) brought to the notice of the top brass of all 42 asset management companies in India and the AMFI listing 25 violations by the mutual fund industry. 

The Securities & Exchange Board of India (SEBI) has recently amended provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, to disallow listed companies from accepting a request for transfer of securities which are held in physical form with effect from December 5, 2018.

Global markets closed up by nearly 2 per cent for the week across the board. The Indian benchmark indices continue to lead the gaining streak amongst its major Asian peers

The mutual fund behemoth IPO is on the way to become the most successful Initial Public Offering of 2018. At 16:00 hours on Friday, with only one hours remaining for the lose of the offer, it was subscribed 82.71 times.

Mahindra & Mahindra Financial Services posted strong quarterly performance in Q1FY19. The net interest income for the quarter rose by 45 per cent yoy to Rs. 1,077 crore in Q1FY19 vs Rs. 742 crore in Q1FY18. The interest income for the quarter rose by 28.6 per cent yoy.

When the benchmark indices along with few sectoral indices are on the gaining spree and hitting all-time highs, Nifty Energy and Nifty Private Bank were not an exception to it. Nifty Energy index hit all-time high at 14,737 for the first time after January 23, 2018 and Nifty Private Bank hit its peak at 15,542 for the first time after January 29.

There are different ways of rebalancing your portfolio, choose the method that gives you rebalancing benefit with lower cost.

The Board of Director of IFB Industries has approved the proposed acquisition of Ramsons Garment Finishing Equipment Pvt. Ltd and Ramsons Udhyog Pvt. Ltd on a slump sale basis. The said acquisition is worth Rs. 35 crores.

Local equity benchmarks continued to show a positive trend in the morning session, with Sensex and Nifty gaining more than 300 and 70 points, respectively. ITC, SBI, and Bharti Airtel were the top gainers, while Yes Bank, Adani Ports & SEZ, Power Grid and ONGC dipped. 

The Department of Telecommunication(DOT) has given its approval for the amalgamation after the two firms provided for Rs. 7,248.78 crore as one-time spectrum charge (OTSC)

NMDC, a government owned company has raised the prices of iron ore by Rs. 150 per tonne to Rs. 3,200 per tonne and fine prices to Rs. 2,810 per tonne.

Zensar Technologies on Friday announced that the company has entered an agreement to acquire US West Coast-based Indigo Slate.

Following stocks are close to their 52-week low as at 1.05 p.m. on July 27, 2018.

The markets on July 27, 2018 opened gap up. BSE Sensex is trading at 37,286.12, up by 301.48 points and the Nifty is trading at 11,251.95, up by 84.65 points. 

Yes Bank reported stable results in Q1FY19 with a steep rise in provisions over the previous year

ITC, engaged majorly in cigarette making zooms more than 5 per cent in Friday’s trade after it posted robust Q1 results on Thursday post market hours.The stock witnessed a breakout in a range of 250 to 290 depicted by a significant Bullish Candle, huge volumes and 14-period RSI surge from 53 to 71 on weekly time frame.

The company will acquire the global aluminium player for US$ 2.58 billion through its wholly-owned subsidiary Novelis Incorporated.

Overall volumes in futures & options currently stand at 1.87 crore contracts with a turnover of Rs. 17,81,228.45 crore.

Overall volumes in futures & options currently stand at 1.87 crore contracts with a turnover of Rs. 17,81,228.45 crore.

Going ahead, the level of 11,185 would act as an immediate resistance level and a sustainable move above this hurdle could have a further positive impact on the Nifty, in which case, the level of 11,235 could act as the next resistance level. Stocks in news: Adani Port, Hindalco Industries, Thermax, IFB Industries, Poddar Housing and Development and JSW Steel. 

Indian markets may witness a modestly positive opening. The SGX Nifty, which was trading up by 27 points at 11,250, indicated that domestic bourses may open with an uptick at the opening bell. Among Nifty 50 companies, HCL Tech, ICICI Bank and Reliance Industries are set to declare their results today.  

High risk taking investors can take exposure in ACC Ltd. (BSE Code 500410).

Market regulator SEBI called up a meeting of mutual fund trustees on Wednesday. The meeting hauled up the independent trustees and ordered them to ensure high corporate governance standards. Independent trustees are considered to be the first level regulators for ensuring the corporate governance

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Broader Markets Present Bottom-Fishing Chance Even As Benchmarks Hit Peaks 

EBITDA for the quarter rose by 115.6 per cent yoy to Rs. 80.4 crore with a corresponding margin expansion of 462 bps. EBITDA margin for the quarter stood at 9 per cent.

The automaker's domestic sales grew by 25.9 per cent whereas exports grew marginally by 1.9 per cent on yoy basis. The company has witnessed 24.3 per cent rise in sales volumes during the quarter.

Asset allocation is the first step in your financial planning, you need to keep track of your investments and rebalance it to get the desired performance.

Following stocks are close to their 52-week low as at 12.53 p.m. on July 26, 2018.

The markets on July 26, 2018 opened gap up. BSE Sensex is trading at 36,979.16, up by 120.93 points and the Nifty is trading at 11,162.65, up by 30.65 points. 

The drug is a biosimilar indicated for the treatment of HER2-positive cancers including early breast cancer, metastatic breast cancer and metastatic gastric cancer.

The cooling solutions company's wholly-owned subsidiary, Blue Star Engineering & Electronics, has bagged an order worth Rs. 100 crore from the Uttar Pradesh Medical and Health Services.

It is going to be an eventful day for the indices as five heavy weights will report their Q1 earnings during the day. Bellwether of major sectors, Maruti Suzuki, Bharti Airtel, ITC, Dr. Reddy's and Yes Bank will fuel the market movement.

Overall volumes in futures & options currently stand at 1.01 crore contracts with a turnover of Rs. 9,05,673.15 crore.

Overall volumes in futures & options currently stand at 1.01 crore contracts with a turnover of Rs. 9,05,673.15 crore.

Low of 11,092 would be seen as a crucial support level and any cool off around this level should be used as an incremental buying opportunity as the structure of the index remains very much intact. Stocks in news: Dish TV, NTPC, REC, ICICI Bank, JSW Steel, Infosys, and PNB. 

Today, the start of the F&O expiry session is likely to be flat to positive and with the progress of trade volatility can be seen. The SGX Nifty, which was trading up by 27 points at 11,164, indicated that domestic bourses may witness marginal higher opening. Among Nifty 50 companies, Bharti Airtel, Dr Reddy’s Laboratories, ITC, Maruti Suzuki India and Yes Bank will announce their results today.  

The PAT for the quarter came in at Rs. 35.9 crore, yoy decline of 73.2 per cent. This was due to one-time gain of Rs. 129 crore in the corresponding quarter of last year. On QoQ basis, net profit declined marginally by 3.1 per cent. 

The company reported strong earnings led by robust performance of steering business. The company has seen strong demand for both steering and die-cast products from Indian customers.

PVR Limited on Wednesday announced opening a 4 screens multiplex at Garuda Mall in Mysuru. With the opening of this multiplex, the company now crossed 160 screens mark in Southern India. 

Bharti Infratel, the mobile tower arm of telecom bellwether Bharti Airtel,  on Wednesday said that it has received clearance from the stock exchanges for its merger with Indus Towers.  

During Q1FY19, the company won new orders worth Rs. 36,142 crore at the group level, recording a growth of 37 per cent, with pick-up in domestic ordering activity during the quarter.

For the mid-cap and small-cap indices, the year 2018 has not been as pleasant as we would like it to be. The boarder market indices Nifty Midcap 100 and Nifty Smallcap 100 have taken a major beating this year. These indices have fallen by 13% and 21%, respectively in the last six months.

The most awaited IPO of this month, HDFC Asset Management Company Limited was subscribed 61 per cent on the first day of its opening at 14:45 hours. The anchor portion of the IPO was picked up by 35 Anchor Investors at Rs. 1,100 per share. 

Following stocks are close to their 52-week low as at 12.59 p.m. on July 25, 2018.

The Company’s long-term rating has been revised by ICRA from A- (Positive outlook) to A (Stable Outlook) and the short-term rating has been revised from A2+(A two plus) to A1 (A one).  

The markets on July 25, 2018 opened gap up. BSE Sensex is trading at 36,918.39, up by 93.29 points and the Nifty is trading at 11,150.85, up by 16.55 points. 

Global Aviation software provider, Ramco Systems has secured an order from one of the leading Defense Contractors, informed the company through a filing to the exchange. The order intake of the company stood at around US$104 million up 21 per cent in FY18.

The Adani triplets namely, Adani Enterprises, Adani Ports and Adani Green Energy were gaining in early trade on Wednesday on the back of a significant increase in coal mining volumes as revealed by a top company official on Tuesday. 

Overall volumes in futures & options currently stand at 99.05 lakh contracts with a turnover of Rs. 8,74,238.49 crore.

Overall volumes in futures & options currently stand at 99.05 lakh contracts with a turnover of Rs. 8,74,238.49 crore.

Now that the Nifty has surpassed the resistance level of 11,120, it is now heading towards its all-time high level of 11,172. Stocks in news: Indo Amines, Andhra Bank, Satin Creditcare Network, Gujarat Sidhee Cement, Oil India and ICICI Bank. 

Today, the start is likely to be mildly positive as cues from Asian markets are supportive. The SGX Nifty, which was trading up by 10 points at 11,152, indicated that domestic bourses may witness a positive opening. With over 20 firms set to report their quarterly earnings today, the action could be stock-specific, with big names such as Bharti Infratel, Hero Motocorp and Larsen & Toubro announcing their results today.  

Thirumalai Chemicals posted subdued results for the quarter ended by Q1FY19. The top-line recorded a steady decline over the previous year.

The company reported weak numbers for Q1FY19 with top-line and bottom-line declined substantially.

Considering the monthly time frame, Mid-cap index has bounced back from near the 50 per cent retracement of the prior upward rally and registered its third consecutive uptick on daily time frame. 15750-15790 will act as major resistance may be for giving bottoming out signal. 17030-17060 will act as trend reversal.

During Q1FY19, the company has opened 12 new screens taking total screen count to 512 in total 64 cities. The company is targeting a screen count of 551 by the end of FY19.

Laminate and allied products saw a jump in revenue by 15.4 per cent. Also, its Medium density fibre board segment shines with a jump in revenue from 0.6 crore to Rs. 69.88 crore.

The company received Establishment Inspection Report (EIR) for its manufacturing facility located at Amaliya, Daman. The stock spurted up by more than 8 per cent following this development.

Reliance Capital’s subsidiary, Nippon Life Insurance announced its financial performance for Q1FY19 on Tuesday where it posted persistency and premium growth. The stock of Reliance Capital surged nearly 4 per cent, registering its third consecutive uptick after consolidating for a while at its 52-week low level.

The second largest car and truck maker by market capitalisation, Mahindra & Mahindra has unveiled Furio, a new range of intermediate commercial vehicles. The stock of M&M on Tuesday opened with a gap up at 915 levels and surged to as much as 924, its new high, registering 1.8 per cent increase from previous gains.

For Q1FY19, reported EBITDA increased 22 per cent yoy to Rs. 192 crore with the corresponding margin expansion of 72 bps. EBITDA margin for the Q1FY19 stood at 9.6 per cent during the period. 

Genesys has developed a Autonomous Driving project for a community in North America. HD maps will enable the residents to have access to self-driving taxis at their doorstep. Following the development, the stock price gained over 4 per cent on Tuesday.

Following stocks are close to their 52-week low as at 12.45 p.m. on July 24, 2018.

The markets on July 24, 2018 opened gap up. BSE Sensex is trading at 36,758.19, up by 39.59 points and the Nifty is trading at 11,109.70, up by 24.95 points. 

The positive results of bellwether cement maker ACC spiked up the sentiments of the entire cement industry. Major cement stocks gained significantly on Tuesday. 

HDFC Asset Management Company (HDFC AMC) Limited is coming out with Offer for sale (OFS) of 2.5 crore shares having face value of Rs. 5 each. The offer will open from June 25, 2018 and will close on July 27, 2018. The price band for the OFS issue is Rs. 1,095 to Rs. 1,100 and the minimum lot size is 13 shares, which implies a minimum investment in the range of Rs. 14,235 to Rs. 14,300.

Linde India soared over 6.5 per cent in the morning trade on Tuesday as the company reported a profit in the first quarter of FY19.

Overall volumes in futures & options currently stand at 78.60 lakh contracts with a turnover of Rs. 6,85,818.85 crore.

Overall volumes in futures & options currently stand at 78.60 lakh contracts with a turnover of Rs. 6,85,818.85 crore.

Since the Nifty has witnessed a breakout of the consolidation range, we expect it to maintain its bullish momentum, and on the upside, the level of 11,120, followed by 11,172, are likely to act as resistance levels. Stocks in news: Syngene International, IZMO, Essel Propack, Indian Energy Exchange, Allahabad Bank, PNB and UPL. 

Indian markets are expected to make a flat start. The muted trend in SGX Nifty, which was trading with a loss of 4 points at 11,095, indicated that domestic bourses may witness a flat opening.

During the quarter, the company was granted 2 patents resulting in a cumulative grant of 78 patents. As on date, the company has filed for 342 patents.

Bajaj Auto in its earnings conference call highlighted that the company will continue with aggressive discounting strategy in the entry-level motorcycle segment. The company's strategy is in-line with its efforts to gain additional market share.

In the dispute between KAL Airways, Kalanithi Maran versus Spicejet, Ajay Singh, the arbitration tribunal rejected Spicejet's ex-promoter's Rs. 1,323 crore claim citing breach of the terms of the share purchase agreement.

The youngest bank listed on the Indian stock markets, Bandhan Bank had reported stellar quarterly results recently. The bank's Q1FY19 results witnessed an exceptional profit growth of 47 per cent yoy on the back of robust loan book growth.

Investors from India's B30 cities largely invest in equity-oriented schemes, whereas investments from T30 cities were concentrated in debt, showed the latest AMFI data.

Maruti Suzuki India Limited (MSIL), on Monday, announced that it has crossed a cumulative production milestone of 20 million vehicles in India since its inception in December 1983.

Following stocks are close to their 52-week low as at 1.14 p.m. on July 23, 2018.

The markets on July 23, 2018 opened up. BSE Sensex is trading at 36,550.29, up by 53.92 points and the Nifty is trading at 11,033.95, up by 23.75 points. 

Overall volumes in futures & options currently stand at 59.72 lakh contracts with a turnover of Rs. 5,24,534.82 crore.

JMC Projects (India), a listed subsidiary of Kalpataru Power Transmission Ltd, has secured new orders worth Rs. 556 crore.

Overall volumes in futures & options currently stand at 59.72 lakh contracts with a turnover of Rs. 5,24,534.82 crore.

This effort is likely to minimize the risk arising from foreign currency fluctuation as localized sourcing would reduce imports by nearly 20 per cent. Currently, the import content is 38 per cent of the company's raw material cost.

The acquisition would improve the combined annual revenues by US$ 400-500 million. Besides, it would result in annual cost synergies of US$200 million. 

Samsung Engineering Co. Ltd. has given approval to Cords Cable Industries Ltd. to be its pre-qualified supplier for international orders. This global level approval is for a period of five years starting from August 1, 2018.

The latest revision of GST rates is likely to have a positive impact on a couple of sectors including paints, electronic goods and hospitality. Major listed companies in these sectors were buzzing in early trade on Monday.

In Monday’s session, if Nifty continues to trend northwards tracking Friday’s optimism, then we hold 11030-11080 as the major resistances, followed by 11120. However, if Nifty retreats from here, we hold 10980-10925 as the major support area followed by 10880 level.

Indian stock markets are likely to open on a flat to negative note tracking weak global cues and negative start from the Asian peers. The trading of Nifty 50 index future on the Singapore stock exchange is trailing flat indicates that Nifty could open flat at the opening bell. 

In a mutual fund scheme, you may have the option of choosing a dividend plan or a systematic withdrawal plan (SWP). If you are new to mutual fund investing, such an option may leave you confused and you may not be able to decide which one to go for. Let us find out what these options entail and help you choose the one that meets your financial needs and goals.

Almost 50 years post the nationalisation of banks, the wheel has turned a full circle and we are now talking about privatisation of public sector banks! So, how have things changed over the years that the present government, as well as some of the previous governments, have sought to disown (disinvest) the public sector banks (PSBs).

Diversification is made out to be a panacea against the risk of volatility, be it volatility in prices of stocks on the stock markets or volatility in interest rates in debt market. But diversification is a broad concept that needs to be understood thoroughly by the investors. So let’s try to understand what is meant by diversification.

The Insurance Regulatory and Development Authority of India (IRDAI) had in January 2017 laid down guidelines for insurance companies about disclosures in respect of investments made by these companies in various other companies.

The people of India do not need such dramatized versions of performance evaluation by the opposition parties or by the government.  They live and experience the performance or non-performance of the government on a daily basis, so they will deliver their verdict as per their own parameters of performance assessment and according to their own political judgement. 

Jubilant Life Sciences has announced that its subsidiary Jubilant Pharma Limited has initiated Optimum trial, which is a pivotal Phase II clinical trial, designed to prove the safety and effectiveness of I-131 MIBG for the treatment of neuroblastoma. This will be taking place through Jubilant Pharma's unit Jubilant DraxImage Inc. in Montreal, Canada.

Sanwaria Consumer Limited's standalone revenue for the first quarter of fiscal year 2019 has marginally increased by 4 per cent to Rs. 1,200.14 crore on YoY basis. EBITDA for the quarter has increased by 45.8 per cent to Rs. 60.15 crore as compared to same quarter of previous fiscal year.