Imitating investment of a good fund or a star investor seems to be a good investment strategy, however, it should be followed with proper caution.

Post PNB scam, the banking sector has witnessed many consequences impacting the credit flow in the Indian economy. The ministry of Finance received many representations on easing the grip on banks and providing alternatives to LoUs.The PNB scam of Rs. 13,000 crore has forced RBI to tighten the grip on PSU banks and directed to identify similar instances. Further, the banks were also directed not to issue LoU’s and guarantees.

The pharma sector funds have been bleeding for a while now. The category has registered negative return of -6.97 per cent in the last one year and -4.08 per cent in the last one month. Many investors are worried about their returns from the pharma funds and also have doubts about the future of these investments.

Raising objections to a NTPC subsidiary signing a power supply agreement with Bangladesh Power Development Board (BPDB), the Association of Power Producers said that the proposed sale will be a violation of government's policy and also be detrimental to Indian consumers.

Ashiana Housing Limited has entered into an agreement with International Finance Corporation (IFC) which is a part of World Bank Group to co-invest in upcoming affordable and middle-income residential projects which will include senior-living projects.

Tech Mahindra, which forms 12.15 per cent weightage in the Nifty IT index is currently trailing at its multi-year highs. Since July 2017, the stock has seen nearly an uninterrupted rise of almost 74 per cent up to its current 52-week high. Recently, the stock has been trading in a multiple resistance range of 627-635.

State-run IDBI Bank, which is in full media glare following the news of Rs. 772 crore fishery loan scam has finalised a deal to sell its office in BKC, Mumbai.

Nestle India, majorly known for its Maggi noodles, is trailing at its all-time high level, in an otherwise weak market. With trendline breakout, significant volumes and 14-period RSI trendline breakout at 60 we see momentum to continue in the near to medium term. With this, we may see 800-1,000 points upside in the stock.

Rupee is seen depreciating amid protectionist policies of US President Donald Trump, followed by the trade war cues and FED rate hikes on the global front and deteriorating condition of PSU Banks and deficits on the domestic front. 65.25 and 65.31 to act as resistances and 64.72-64.62 to act as supports for USD/INR.

Mutual fund investors who are more concerned about regular income usually choose the dividend option. In the dividend option, investors receive returns in a periodic manner. The dividends are the distribution of the gains and profits made by the schemes. 

Apex bank RBI levied a penalty of Rs. 58.9 crore on the country’s biggest private bank, ICICI Bank for non-compliance in concern with the directions issued by RBI regarding the direct sale of securities in the held-to-maturity portfolio. 

Punjab National Bank (PNB), the Delhi-based second-biggest public sector lender's fraud relating to LoUs (Letters of Undertaking); and followed by it, the closure of Nirav Modi's and Mehul Choksi's jewellery businesses as a consequence to fraud-related actions by investigative agencies, is likely to result in cumulative impact on the Indian banking industry to the tune of more than $3 billion.

In this article, we focus on a simple technique of identifying shares which have potential to generate abnormal returns. We will use a combination of two ratios which are very simple and commonly used. 

BHEL has forayed into lake purification under the Smart City programme with an order from Raipur Smart City Limited (RSCL). This initiative is a part of its diversification strategy through continuous focus on water business.

The South-based Karnataka Bank has reported a fraud amounting to Rs. 86.47 crore in loans extended to Gitanjali Gems, headed by Mehul Choksi. 

The financial year ending March 2018 is clearly year of two halves. Find out the funds that performed the best in FY18.

The stocks that are likely to record significant movement on the bourses on Monday, April 2, 2018 are Rama Steel Tubes Limited, MEP Infrastructure Developers Limited, GSPL, Neuland Laboratories Limited  and Cadila Healthcare Limited .   

Leading environment management company, Ion Exchange commissioned the country's first ANDICOS waste to energy production system in Hyderabad, Telengana.

Buzzing with IPOs, so far FY18 has witnessed the listing of 43 companies to raise an aggregate sum of Rs. 805 billion. The funds raised from initial public offerings have recorded a tremendous increase over the years, as compared to Rs. 413 billion raised by 84 companies in FY08.

Taking a decisive step in its attempt to privatise the debt-ridden national carrier, Air India, the government on Wednesday invited expressions of interest from bidder seeking to acquire controlling stake in the entity.

Infrastructure major MEP Infrastructure Developers announced on Wednesday that it has bagged orders worth Rs. 2,922.83 crore in Maharashtra through a joint venture with Long Jian Road & Bridge Company.

Oriental Bank which is one of the lead lender with half of the loan exposure has filed a complaint against Lotus Auto Engineering with NCLT (National Company Law Tribunal),

During FY18, the benchmark index Sensex has gone through various jolts, but despite this, the Sensex has delivered a 14.3 per cent growth in the fiscal year 2018.

If the public sector banks are facing scrutiny for loans sanctioned on back of pressures from the government or influential politicians, the private banks are now under the scanner for vested interests and other such possible favoritism in granting of unworthy loans to defaulting borrowers.

Indian equity markets in 2018 have underperformed their emerging market peers on a YTD basis and that has led to pessimists in the markets to believe that maybe 2018 is the year where we will see a flattish to negative index (benchmark) returns. The mid-caps and small-caps have taken a beating in 2018 and these darlings of retail investors have underperformed the large-caps so far.

India is relatively smaller market for the diamond-studded jewellery with about 7 per cent market share. However, it is a key market for gold jewellery, constituting about 27 per cent of the global gold jewellery market.

I want to know how to decide the residential status of an individual under the Income Tax Act and its implications?

The stock market has been having a rough time over the last couple of months. The Sensex and Nifty are down around 10 percent from their peaks. In fact, the correction in mid-cap and small-cap stocks has been much deeper.

Markets have been vulnerable to the US President Donald Trump's abrupt actions. Trump's controversial proclamations continue; this time it was the signing of the memorandum targeting imports from China.

This section gives a recommendation of a stock having stock price below Rs 100 with sound fundamentals and expected to give handsome returns over a one-year time horizon.

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

The most interesting aspect of the markets in the past couple of weeks has been that the FIIs and DIIs have been net buyers in the markets, even as the prices have been falling steadily. The FIIs were net buyers to the tune of Rs 8071.17 crore, while DIIs have been net buyers to the tune of Rs 2432.55 crore. 

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 markets so far have reacted quite negatively to the fears of trade war. On the face of it, the announcements made by US President Donald Trump do sound terrible

With the current market volatility, it is very significant for a mutual fund investor to pick right mutual fund schemes from the range of schemes available in the market. To tackle with the market volatility, it is important to look into the risks involved in the investment of particular scheme

Adding to the string of banking system frauds disclosed in the recent times, IDBI Bank announced on Tuesday that it has uncovered fraudulent loans worth Rs. 7.72 billion that were issued from five of its branches in Andhra Pradesh and Telangana.

Pharma major Alkem Laboratories nosedived by 11 per cent on Wednesday as the US Food and Drug Administration issued 13 observations to the company’s Daman facility and one observation to its US based manufacturing unit.

Semglee is a biosimilar to insulin glargine and is co-developed by the two companies. The product will be offered in a 100 units/mL 3 mL prefilled disposable pen.

In year 2008, Indian economy grew by 8.48 per cent, however, frontline indices fell by 52 per cent. What does it tell about the relationship between equity return and economic growth? Let's understand.

Following stocks are close to their 52-week low as at 2.22 p.m. on March 28, 2018.

The markets on March 28, 2018 opened down. BSE Sensex is trading at 33,036.59, down by 137.80 points and the Nifty is trading at 10,142.05, down by 42.10 points.

EPC major L&T Construction added another major project to its order book as the company won contracts worth Rs. 4,353 crore in the power transmission and distribution business in India as well as abroad.

The state-owned aerospace and defence company Hindustan Aeronautics made a tepid debut on the stock exchanges on Wednesday as the share price of the company fell by 4 per cent from its issue price of Rs. 1,215 per share.

Overall volumes in futures & options currently stand at 1.36 crore contracts with a turnover of Rs. 11,31,391.77 crore.

Indoco Remedies received adverse observations from the British drug regulatory for its Goa – Plant I. The plant was inspected in the third week of March 2018.

Overall volumes in futures & options currently stand at 1.36 crore contracts with a turnover of Rs. 11,31,391.77 crore.

The level of 10,225-10,240 will act as immediate resistance area for the market. On the downside, supports are seen around the levels of 10,120 and 10,040. Stocks in the news: Hindustan Aeronuatics, Avanti Feeds, IDBI, Bodal Chemicals, Tejas Networks, Nestle, Fortis Healthcare, Reliance Industries, Indoco Remedies and SBI.

The equity markets in Asia suffered a setback on Wednesday following a sharp sell-off on Wall Street overnight. Japan’s benchmark index Nikkei 225 has collapsed 1.82%, while Hong Kong’s Hang Seng has slipped 0.96% and China’s Shanghai Composite has shed 0.42%.

Reliance Eagleford Upstream Holding LP, a subsidiary of Reliance Holding USA and Reliance Industries Limited, announced on Tuesday that the company will be divesting its interest in certain acreage, producing wells and related assets in the western portion of its Eagle Ford shale position.

Following the biggest IPO for an Indian bank, Bandhan Bank got listed on the exchanges on Tuesday. The stock opened at Rs. 485.00 per share on BSE Sensex and at Rs. 499 per share on NSE.

India’s first international exchange, India International Exchange Limited (India INX) based out of the International Financial Services Centre at Gujarat International Finance Tech -City achieved a significant milestone on March 26, 2018 as its daily trading turnover in the derivatives segment reached Rs. 3,287 crore.     

Mutual fund investments are increasing their presence day by day and many investors are shifting towards mutual funds for their investments instead of traditional ways. Keeping this in mind and encouraging the investors, the market regulator SEBI is considering reduction of additional expenses in mutual fund investment.

Following stocks are close to their 52-week low as at 12.25 p.m. on March 27, 2018.

The markets on March 27, 2018 opened up. BSE Sensex is trading at 33,199.50, up by 133.09 points and the Nifty is trading at 10,174.95, up by 44.30 points.

Overall volumes in futures & options currently stand at 1.15 crore contracts with a turnover of Rs. 9,32,469.84 crore.

Overall volumes in futures & options currently stand at 1.15 crore contracts with a turnover of Rs. 9,32,469.84 crore.

Key benchmark indices are expected to extend their gains on Tuesday tracking firm global cues. It will be important to see how Nifty behaves near the 200-day SMA, which stands around 10,173. The SGX Nifty is pointing that Nifty may open around 10,167.  

Nifty could face resistance around 10,173 which is its 200-day SMA, but if it sustains above the 200-day SMA in the next few sessions, it could possibly lead to a continuation of the upside bounce up to the 10,230 level. Stocks in the news: Reliance Infrastructure, Cipla, Tata Metaliks, KNR Constructions, Mindtree, Punj Llyod, PFC, KEC International, Adani Enterprises, Dilip Buildcon, Wipro, MCX and Capital First.

This merger is likely to help state-run sick company STC. STC is reporting losses from the fiscal year 2011 till date.

The infrastructure theme has enriched returns of the investors in the last one year till January 15, 2018. Around 18 infrastructure schemes which have completed 3 years have given an average return of 42.5 per cent. But post Union budget, the market volatility has dragged the returns of these schemes. These funds bled like nothing in the past 2 months which has turned the cumulative 3 months returns of these schemes red.

LIC Housing Finance closed 5 per cent up and grabbed second largest position in the Nifty Financial Service index. The stock breached its 50 days EMA resistance at 527-528 level almost after mid-October 2017 and recently broke out of its major resistance range of  520-530, breaking the lower top lower bottom pattern.

Technically, Bank Nifty opened on a flat note and surged so much so that it could fill the gap it made on last Friday. Bank Nifty had broken its upward sloping trendline at 25,295 on February 14, followed by a pullback and again a retreat from 25,725 on February 27.

KEC International, an RPG Group Company, has bagged new orders totalling Rs. 2,419 crore. The turnkey order includes construction of GIS substations in Tamil Nadu, Karnataka and Bihar.

The company which is a subsidiary of ICICI Bank launched its Initial Public Offering on March 22 and the offer closes at 17:00 hours on Monday, March 26, 2018.

Pharma major Dr Reddy’s Laboratories launched palonosetron hydrochloride injection. The injection is a generic version of ALOXI.

Indian markets may see a modestly negative opening on the back of negative indications prevailing in the global markets. There are some critical data flows coming up during the week, apart from the March series F&O expiry. The US GDP data is expected and so is India’s fiscal data. The SGX Nifty is pointing that Nifty may open around 9,991.  

Going ahead, Friday session low of 9,951 will be a crucial support for the Nifty and the next support is seen around 9,910 level. Stocks in the news: Granules, Vedanta, Tata Power, Tata Chemicals, Marathon Nextgen Realty, NHPC, NTPC, BHEL, Reliance Industries, Indiabulls Real Estate, Bharat Financial Inclusion and Uttam Galva.

Starting April 1, insurance regulator Insurance Regulatory and Development Authority of India (IRDAI) has proposed to reduce third party premiums for FY19. IRDAI has also proposedtofacilitate insurers to come up with cheaper comprehensive insurance policies that will benefit the vehicle owners.

If the insured was the sole bread earner for the family, the pay-out can ensure that the family members do not have to go through financial travails and uncertainties. 

Investors are afraid of volatility in the stock markets as they assume that volatility is an enemy of their investments. But considering that volatility—that is, fluctuations in stock prices—creates opportunities for profit, the notion that volatility is an enemy of investors is erroneous.

The crash in the market presented an opportunity for smart investors and traders to buy quality stocks at cheap valuations. 

There was a time when politico-economic ideologies divided the world into two camps, namely, the communist and the capitalist. Today, a new type of divide threatens to split the world into two camps once again. The divide this time is not ideological, but economic. 

Divergence of the fund from its investment style is known as the style drift. 

Technically, the Nifty Realty index holds immediate support at 287, followed by 275. While 260 would act as a major support. In case of reversal, we hold 301, followed by 313 as resistance.

Being a mutual fund investor, there are many things one has to look upon before committing funds. One of them being the overall performance of fund houses or Asset Management Companies.

The stocks that are likely to witness significant movement on the bourses on Monday, March 26, 2018 are Shoppers Stop Limited, Tata Power Company Limited, NTPC Limited, City Union Bank Limited and State Bank of India.   

The first among the few scheduled Defence PSUs listings happened on Friday, amid turbulent market conditions. 

Infra management company MEP Infrastructure Developers came up as the lowest bidder for three National Highways Authority of India projects.

CPOS is a closed-ended hybrid fund and is most suitable for the risk-averse investor.

Nifty is trailing below its 200-days EMA support level of 10,114. It has just touched our next major support at 9,955. Going forward, we hold 9,685 as a major support which would also act as provisional trend reversal. Till then 9,850-9,775 will acts as the immediate support levels.

The list of mega bank fraud cases in India is increasing day by day. Major PSU banks are coming forward with astounding number of frauds. The latest one came from Union Bank of India, which is worth Rs. 1,400 crores.

Steel major Tata Steel has been declared as the successful resolution applicant for Bhushan Steel. 

With the intensified trade war between the US and China making headlines, global indices took a major plunge in Friday’s trade session.

Following stocks are close to their 52-week low as at 12.26 p.m. on March 23, 2018.

The markets on March 23, 2018 opened down. BSE Sensex is trading at 32,496.56, down by 509.71 points and the Nifty is trading at 9961.85, down by 152.90 points. 

Overall volumes in futures & options currently stand at 1.51 crore contracts with a turnover of Rs. 13,65,419.39 crore.

Overall volumes in futures & options currently stand at 1.51 crore contracts with a turnover of Rs. 13,65,419.39 crore.

The prices have accelerated by 10 per cent in the previous two weeks due to weak US dollar and lower US crude inventories.

Indian markets are expected to open with a sharp fall following sell-off in the global markets after Trump’s decision to impose tariffs on as much as $60 billion worth of Chinese goods imports, while China responded with retaliatory tariffs of $3 bn on 128 US products,  triggering a trade war between the two countries. The SGX Nifty is pointing to a gap-down opening, and Nifty is expected to open below the important psychological mark of 10,000.   

The level of 10,040-10,000 will be crucial for the Nifty as a decisive move below this level would trigger further sell-off, which may take Nifty towards the level of 9,930. 

The stocks that are likely to witness significant movement on the bourses on Friday, March 23, 2018 are L&T Technology Services Limited, Dilip Buildcon Limited, JSW Energy Limited, Infosys Limited and Alankit Limited.     

EPC major Dilip Buildcon announced on Thursday that the company has bagged a new EPC Project worth Rs. 677.07 crore in the state of Uttar Pradesh.

US Federal Reserve hikes interest rate for the fourth time in a year, let's discuss how is it going to impact Indian economy.

As per the data from AMFI, since December 2017, the inflows to balanced funds have reduced by Rs. 4,730 crore, till February 2018. 

Defence PSU company Mishra Dhatu Nigam Limited's IPO was subscribed by 63 per cent on Day 2 of subscription at 16:15 hours IST.

Following stocks are close to their 52-week low as at 2.40 p.m. on March 22, 2018.