Overall volumes in futures & options currently stand at 79.84 lakh contracts with a turnover of Rs. 7,12,491.54 crore.

On Monday, we anticipate weakness might persist in the initial part of the trading session as cues from Asian peers are negative and the behaviour of the Nifty vis-à-vis the level of 10,840-10,850 continues to remain very decisive. Stocks in the news: Tata Communications, Biocon, Indian Hotels, Phoenix Mills, ICICI Bank, Symphony, Goa Carbon, Bombay Dyeing and Unichem Laboratories.

As we step into the F&O expiry week, we feel that Indian markets may open on a weak note as leads from the Asian markets are negative. This is on the back of media reports stating that the US President Donald Trump is planning to impose new curbs on Chinese investments in the US. The Nifty 50 index future on the Singapore stock exchange is currently trading lower by 50 points at 10,786.  

The Insurance Regulatory & Development Authority of India (IRDAI) has asked general insurance companies to submit third party vehicle insurance policies offering 3-year and 5-year insurance for cars and two-wheelers, respectively, and offer these options to their customers. The IRDAI directive to the insurers comes in the wake of the recommendation made by the Committee on Road Safety of the Supreme Court.

If you are in need of money and want to have a loan at a rate cheaper than personal loan, you can consider pledging your life insurance policy as collateral for raising the loan. You may apply for the loan either through the insurance policy or directly with the bank.

The performance of a mutual fund scheme cannot be done in isolation and it has to have some reference point or yardstick for comparison. The index to which the scheme is benchmarked provides such a reference point for comparison of the performance. If the scheme gives higher returns than the benchmark’s returns, it is said to have outperformed the benchmark during a given period of time; however, if it gives lower returns than that of the benchmark, the scheme is said to have underperformed the benchmark.

In India, an average investor barely knows about money market mutual funds (MMMFs), and even if he is aware, he seldom ventures to invest in these funds. There is a tendency among Indian investors to opt for known investment avenues such as bank fixed deposits, bonds, debentures, PPF, etc. The lack of awareness amongst investors about MMMFs deprives them of a good investment opportunity.

If you are planning to invest in securities such as fixed maturity plans (FMPs), closed-ended mutual funds, tax-free bonds or non-convertible debentures, you need to know that these securities are illiquid as there are not many buyers and sellers of these securities in the market.

The trade war tensions have escalated and the Asian markets have been rattled and have reached 6-month low post the deepening of trade war between the US and China.

Indian benchmark indices which remained subdued for almost the entire trading session, gave the last hour bounce back to close nearly 0.7 per cent up. Broader markets too closed in green but underperformed the benchmark indices. All the sectors closed in the positive territory where pharma followed by all banking sectoral indices and FMCG outperformed the markets.

Fund houses in India are launching ESG Funds. Read on to find what are these ESG funds and should you be investing in them.

Dr Lal PathLabs gave its prolonged multiple resistance breakout on Friday in the zone of 920-930 levels. The stock should sustain 930-932 levels on all daily, weekly and monthly closing basis to witness significant upside in future.

Brent oil rose on Friday after witnessing three consecutive red days as Russia and Saudi Arabia called for an increase in the output. The outcome of the meet has been discounted and Brent rose on Friday expecting a output hike by OPEC in the meeting scheduled later during the day.

In testing market condition on the last trading day of the week as well as the last day of subscription for two IPOs RITES and Fine Organics, investors seem to be wanting to subscribe these IPOs.

Following stocks are close to their 52-week low as at 12.23 p.m. on June 22, 2018.

The markets on June 22, 2018 opened flat. BSE Sensex is trading at 35,467.30, up by 34.91 points and the Nifty is trading at 10,750.75, up by 9.65 points. 

Overall volumes in futures & options currently stand at 1.75 crore contracts with a turnover of Rs. 17,57,000.41 crore.

Overall volumes in futures & options currently stand at 1.75 crore contracts with a turnover of Rs. 17,57,000.41 crore.

Steel major, JSW Steel has proposed a plan to invest approximately US$ 500 million in the newly acquired US company Acero Junction Inc, in a phased manner.

On the downside, the zone of 10,650-10,700 will act as a strong support zone as Nifty has cluster of support placed in this region. Stocks in news: JSW Steel, HCL Technologies, KPIT Technologies, Karnataka Bank, AstraZeneca Pharma India, Havells and Astral Poly Technik.

The Indian stock markets are likely to see a cautious opening as cues from the Asian peers are adverse on the back of the lingering concerns of trade war and OPEC meeting outcome. The Nifty 50 index futures on the Singapore stock exchange are currently trading with loss of 28 points at 10,705.  

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

High risk taking investors can take exposure in ICICI BANK (BSE Code 532174).

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).

In the recent past, traders seemed to have established their dominance in the Indian stock markets. This is because markets have become vulnerable to every event, be it micro or macro. Markets tend to become highly volatile on the occurance of an event, but there is complete lull in the absence of any trigger, making it difficult for the delivery-based investors and traders to enter.

As trade war deepens across the globe, India doesn’t want to stay back wounded. Hike in import tariffs levied by India will counter the increased import duty imposed by the US on steel and aluminium imports. The tariff will be in place from August 4.

Crude oil is the most important commodity for the Indian economy. The OPEC meeting in Vienna will decide the future output. Read on to find how it will impact Indian economy.

The stock of Manpasand Beverages surged on Thursday as the company's board considers dividend payout for FY18. The company's Q4 results will be announced on June 27.

Arvind is planning to expand its textiles business to Rs. 10,000 crore by 2023, from Rs. 6,000 crore now. This will be achieved through verticalisation, more garmenting, ramping up advanced materials division which is into specialised textiles and adopting newer technologies.

The rule of 80-20 is all-pervasive and you can find it in every aspect of life, including investments. The rule states that 80% of the effect comes from 20% of the causes. If you analyse your portfolio, you will find that 20% of your investment is generating 80% of your overall portfolio returns. This rule of 80-20 was first developed by Vilfredo Pareto, an Italian economist and mathematician. Therefore, this rule is also better known as the Pareto principle.

Reliance Consumption Fund - Direct Plan-Growth Reason for recommendation This is an open-ended equity scheme, which seeks long-term capital appreciation by investing at least 80% of its net assets in equity/equity related instruments of the companies which are expected to benefit from the domestic consumption-led demand. 

The market regulator, Securities & Exchange Board of India (SEBI), has continued its investor-friendly stance in mutual fund investment. This time it is targeting the expense ratios of mutual funds, which will directly impact the returns. In the last few months, SEBI has taken

P.H.D (Healthcare) theme’s inflection point growth kick-off makes it an ideal time to invest for the long haul.

If you want to choose a sector that has all the levers of growth in place and with the icing of a very high degree of valuation comfort, have a look at the P.H.D universe of stocks. P.H.D stands for pharma, healthcare, and diagnostics – and by our reckoning, this segment is a stable, maturing space that offers tremendous growth potential.

Despite lull market conditions, the two open IPOs continued to received investor interest on Thursday, the second day of subscription. The Initial Public Offering (IPO) of state-owned railway engineering company RITES Limited and additive chemical major Fine Organics are open for subscription until Friday, June 22, 2018.

Some of the innovations, including the financial ones, are accidental. The ideation and introduction of the Exchange Traded Fund (ETF) is one of them. The origin of ETFs can be traced back to the 840-page report by the US market regulator Securities and Exchange Commission (SEC).

Following stocks are close to their 52-week low as at 12.52 p.m. on June 21, 2018.

India is a land of ‘Jugad’ and Indians have mastered this‘art’ in every field, including the complex world of finance. Since the start of this calendar year, we have been seeing many of the mutual fund houses coming up with the closed-ended schemes. 

The markets on June 21, 2018 opened up. BSE Sensex is trading at 35,526.86, down by 20.47 points and the Nifty is trading at 10,762.95, down by 9.10 points. 

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 

Two of the most pertinent questions facing long term equity investors are, one, whether to adopt a ‘buy and hold’ strategy; or two, whether one should ‘keep rebalancing the portfolio’ continuously. Majority of the investors who have created wealth in equity markets would agree the answer lies somewhere between.

One of the hallmarks of investing in mutual funds is their ability to allow investors with different risk profiles and time horizons to design the portfolio to suit their needs. It is heartening to see an increasing number of investors taking the selection process seriously and looking beyond past performance by focusing on factors such as suitability of the fund and investment philosophy as well as strategy. However, monitoring the performance of funds in the right way still remains an area where investors often falter.

We are a partnership firm where I, along with one Mr B, are the partners having profit share of 40% and 60%, respectively. The firm has unabsorbed losses of Rs10 crore upto the Assessment Year 2017-18. Due to the losses, Partner B wants to resign and in his place one Mr C is ready to join. Please let us know whether there will be any impact on the allow ability of carried forward losses in the subsequent years with myself and Mr C as partners? 

Since Jan 2018, the Sensex has been volatile, swinging from the high of 36,283 on Jan 29 to the low of 32,596 level by March 23. Though the Sensex recovered from that level to the 35,421 level by June 15, the stocks that bled the most and did not see the same level of recovery were the small and mid-cap stocks. The BSE Small-cap index has shed 1,755 points since January, while the Mid-cap index has dropped by 1,363 points. 

Investing in equity markets has been a rewarding experience for those who have been able to read the market moods correctly. Investors who are able to position their portfolio optimally are often the ones who are able to diagnose the market environment correctly. It is a common perception amongst investors that defensive stocks should form a part of any portfolio in a market environment that displays volatility. 

Mahindra & Mahindra Ltd (M&M) is engaged in the manufacture of tractors, passenger cars and commercial vehicles. The company’s automotive segment comprises sales of automobiles, spare parts and related services and its farm equipment segment comprises sales of tractors, spare parts and related services, while the information technology services consists of services rendered for IT and telecom. 

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

Overall volumes in futures & options currently stand at 93.10 lakh contracts with a turnover of Rs. 8,87,651.18 crore.

In-line with the counter import duty hikes imposed by EU and China on goods originating from US, the Indian government has proposed to increase duty on apples, walnuts and non-alloy steel exported by the Americans.

The interest rate hike by the RBI, followed by the US Fed’s second consecutive rate hike, drove Indian stock markets downhill in the last 15 days. The ECB in its policy hinted at a delay in rate hike, may be till the end of the first half of 2019, despite a pick-up in inflation and wages. Further, it said it would halt it bond-buying carried through the decade. All the attempts aimed at tightening liquidity by the major world economies are weighing on the markets.

The market witnessed lot of action in the past couple of weeks, while the Sensex witnessed a rejig in its constituents. The weightage of pharma stocks and IT stocks is seen coming down post the rejig. With the weightage of defensives coming down in the Sensex, the volatility is expected to increase in the key benchmark index. 

Equity markets do look like they will be in for a rough ride for the coming six months at least owing to the medley of events set to unfold during this period, viz., state elections in India by December-end, US Fed rate hikes, ECB’s possible interest rate hardening, RBI’s stance on interest rates, weakening rupee and the trade war fears, which impact the market sentiments more than anything else.

Overall volumes in futures & options currently stand at 93.10 lakh contracts with a turnover of Rs. 8,87,651.18 crore.

In the coming session, support may come in at the levels of 10,700, followed by 10,650. On the upper side, the level of 10,820 is likely to act as an immediate resistance level for the Nifty. Stocks in news: InterGlobe Aviation, Mahindra Lifespace Developers, Adani Transmission, Gayatri Projects, JK Cement, Indiabulls Real Estate, Majesco and BHEL.

Key benchmarks are likely to witness a modestly positive opening following positive leads from Asian peers. The Nifty 50 index futures on the Singapore stock exchange are currently trading with modest gains of 14 points at 10,805.  

Multinational pharma company, Cipla posted a 3 per cent hike in its share price as the company received final approval for its new drug application (ANDA) for Efavirenz tablets 600mg from the United States Food and Drug Administration (USFDA).

Money market mutual fund are the open-ended schemes which predominantly invests in ultra-safe and high-quality liquid instruments like treasury bills, commercial paper, certificates of deposits and repurchase agreements, with having less than one-year maturity. The debt funds, fixed maturity plans and gilt funds are some of the options provided by money market funds.

For the month of May 2018, Technology witnessed the fifth straight month of rising weightage in the domestic equity AUM.

With the markets rallying up more than 200 points, the two new IPOs opening on Wednesday are experiencing positive investor interest. The IPOs of State-owned engineering consultancy RITES Limited and specialty chemical major Fine Organics are open for subscription until June 22, 2018.

Following stocks are close to their 52-week low as at 1.19 p.m. on June 20, 2018.

The markets on June 20, 2018 opened up. BSE Sensex is trading at 35,502.56, up by 215.82 points and the Nifty is trading at 10,765.55, up by 55.10 points. 

Anmol Industries Limited, a Kolkata-based biscuit maker, files papers for Initial Public Offering (IPO) with the SEBI. The issue comprises of equity shares aggregating up to Rs. 7,500.00 million via an offer for sale.

Sadbhav Infrastructure Project has signed maintenance contract worth Rs. 55 crore with wholly-owned subsidiary (WOS) – Sadbhav Jodhpur Ring Road for maintenance and repairs works during the tenure of the development and construction work. 

Overall volumes in futures & options currently stand at 73.89 lakh contracts with a turnover of Rs. 6,67,240.74 crore.

Overall volumes in futures & options currently stand at 73.89 lakh contracts with a turnover of Rs. 6,67,240.74 crore.

Going ahead, there is cluster of support in the zone of 10,650-10,700. Stocks in news: Kansai Nerolac, DCM Shriram, MPS, Oberoi Realty, Cipla, Infosys and Wheels.

The stock markets in India are expected to witness a quiet start on Wednesday as cues from the Asian peers are mixed. The trade war between the US and China appears to be escalating by the day and this is likely to keep the markets on the tenterhooks. The Nifty 50 index futures on the Singapore stock exchange are currently trading with modest loss of 8 points at 10,719.  

Mutual fund investor who don’t want to take much risk usually looks at the debt funds as the safer investment avenues. Post categorisation and reclassification, the arena of debt funds have been revived. Out the debt fund basket, floater fund is one of the lesser known mutual funds.

The IPO listings are back in action in the Indian equity market. Latest to announce its IPO offering is Maharashtra-based auto parts manufacturer Varroc Engineering.

Following stocks are close to their 52-week low as at 1.04 p.m. on June 19, 2018.

The markets on June 19, 2018 opened down. BSE Sensex is trading at 35,316.94, down by 231.32 points and the Nifty is trading at 10,714.55, down by 85.30 points.

Fine Organic Industries Limited is the largest manufacturer of oleochemical based additives in India and a strong player in the global market in this industry. The company's products include a wide range of speciality plant-derived oleochemical-based additives which are used in the various industries such as plastic, paint, cosmetic, coatings and ink.

Cords Cable Industries Limited has won a prestigious contract for supplying Signal Cables. These cables will include Fire Resistant – Gas Detector Signal cables, Alarm cables and Control cables to be used in Polymer Addition Project towards Hydrocarbon sector in Punjab.

Setting aside rife speculations about the change of leadership, ICICI Bank has appointed Sandeep Bakhshi as Wholetime Director and Chief Operating Officer (COO) of the Bank.

After a successful launch of the first tranche of Bharat 22 ETF, the government is launching its second tranche today. Read on to find out if you should invest in them.

Overall volumes in futures & options currently stand at 52.47 lakh contracts with a turnover of Rs. 4,67,439.80 crore.

Overall volumes in futures & options currently stand at 52.47 lakh contracts with a turnover of Rs. 4,67,439.80 crore.

On the downside, the zone of 10,755-10,765 is a crucial support zone for the Nifty as it is 38.2 per cent retracement level of the recent upmove (10,550-10,893) placed around 10,762. A move below 10,755 would open up for further correction up to levels of 10,700. Stocks in news: Goa Carbon, TCS, Titan Company, ICICI Bank and Borosil Glass Work.

Indian benchmarks indices are expected to open gap-down in line with global stock markets. The traders across the world are nervous over a trade spat between the top two economies of the world. Nifty 50 index futures on the Singapore stock exchange is currently trading lower by 63 points at 10,728.  

Mutual funds subscriptions through SIPs contributed Rs. 7,304 crore in May 2018. This exceeds the April collection by more than 9 per cent. As per the latest AMFI data, in March, the total SIP accounts stood at 2.23 crore.

The stock of Panacea Biotec was buzzing on the bourses on Monday on the back of an announcement that the company has settled a patent dispute with Celegene Corp.

Since Mid-May, Oil prices witnessed a downfall of nearly 11 per cent. The recent fall in the prices was in the wake of an expected increase in the output by OPEC, Russia and allies, who are scheduled to meet in Vienna in the next week. The news has proven advantageous to India’s oil marketing companies and airline operators. 

Following stocks are close to their 52-week low as at 12.35 p.m. on June 18.

Lupin as entered into a strategic partnership with Japan’s Nichi-Iko. The news seems to have been discounted and thereby the stock of Lupin witnessed profit booking in Monday’s trade, shedding 2 per cent and more, after four consecutive daily upticks.

The markets on June 18 opened flat. BSE Sensex is trading at 35,616.10 down by 6.04 points and the Nifty is trading at 10,815.90, down by 1.80 points. 

Overall volumes in futures & options currently stand at 68.01 lakh contracts with a turnover of Rs.  5,98,789.74 crore.

Private banking major Yes Bank has received a final license from the Securities and Exchange Board of India (SEBI) to offer custodial services to market participants.

Overall volumes in futures & options currently stand at 68.01 lakh contracts with a turnover of Rs.  5,98,789.74 crore.

For the coming session, it would be crucial for the index to move past the level of 10,835 to carry on any meaningful upmove. On the higher side, the zone of 10,890-10,900 is likely to act as a strong resistance level, while on the way down, support is seen around the levels of 10,750-10,770.  Stocks in news: 8K Miles, Dr Reddy Laboratories, NBCC, Kanoria chemicals and Industries, Panacea Biotech and PNC Infratech.

Indian markets are likely to make pessimistic start to the new week as cues from Asian peers are negative. Nifty 50 index futures on the Singapore stock exchange is currently trading at 10,781,  down by 45 points.  

Mutual fund houses have been offering a free add-on feature of life insurance cover to investors who invest through SIPs of select mutual fund schemes. The amount of life insurance cover offered depends on the amount of monthly SIP investment made by the investor, so higher the SIP amount, higher the life insurance cover. 

A travel insurance policy should not only cover the risk of death and hospitalisation, but it should also provide cover for delay or cancellation in flight, baggage loss, etc arising during travel.

Need for diversification or high growth makes savvy investors dabble in illiquid securities. Some want to transact in tax-free bonds, fixed maturity plans (FMP), closed-ended funds (CEF) or even non-convertible debentures (NCD) listed on stock exchanges. 

There are literally thousands of brokers in India offering not just stockbroking services, but also many other kinds of financial products and services to their clients. So, how does one decide on which brokerage house to choose and what criteria should be applied?

With the markets going into correction and consolidation mode, the year 2018 has been disappointing for the mid-cap and small-cap fund investors. These funds have corrected more than the large-cap funds and investors in these funds are clueless about their next course of action.

Rites Limited, a Government company, is coming with an IPO which will open for subscription from June 20 to June 22, 2018. The issue consists of Offer for Sale (OFS) of 2,52,00,000 equity shares worth Rs 466.20 crores. The issue price band is between Rs 180-185 per equity share.

In the recent past, the mutual fund houses aligned their products to invest in the pharma sector. The sector which has seen a huge decline in the last couple of years is now a darling for the mutual fund houses. Recently, Mirae Assets and ICICI Pru announced new thematic schemes keenly focused on maximizing profits from the pharma sector stocks.