Engineering and architectural consultancy SS Infrastructure Development Consultants is buckling up to launch its initial public offering on the EMERGE platform of National Stock Exchange of India on March 28, 2018.

The markets on March 22, 2018 opened flat. BSE Sensex is trading at 33,116.86, down by 19.32 points and the Nifty is trading at 10,150.75, down by 4.50 points.

Suven Life Sciences secured product patents from Norway, South Korea and Singapore regulators corresponding to the New Chemical Entities (NCEs) for the treatment of disorders allied with Neurodegenerative diseases.

Zensar, an RPG company, is on the move to acquire the US-based Cynosure Inc. for US$33 million. Cynosure focuses on providing Guidewire platform implementation services to property and casualty (P&C) insurance carriers.

Market was buzzing with a possible tie-up between domestic budget carrier Indigo and Qatar Airways to buy debt-laden Indian national airlines Air-India.

After a huge run up in the last couple of years, the Indian markets are now in correction mode post the Union Budget 2018-19. This correction has led many stocks to give negative return year till date and have eaten into the returns of the investors.

Overall volumes in futures & options currently stand at 94.81 lakh contracts with a turnover of Rs. 8,14,332.32 crore.

Overall volumes in futures & options currently stand at 94.81 lakh contracts with a turnover of Rs. 8,14,332.32 crore.

Going ahead, the low of Wednesday’s session, i.e. 10,133, would be a crucial level to watch out as a decisive breach below this level would trigger some selling to re-test the 10,040-10,000 levels. Stocks in the news: Sun Pharmaceutical, Arvind, Dilip Buildcon, Zensar Technologies, Oil India, IRB Infrastructure and Majesco.

Indian benchmark indices are likely to open mildly in the positive terrain. The SGX Nifty is pointing to a rise of 26 points for the Nifty at the start of session.  

The management of debt funds is in many ways different from equity funds and ‘duration’ plays an important role in determining the returns of these funds.

The upcoming IPO of Lemon Tree Hotels consists purely of Offer for Sale (OFS). Through this OFS, the company is offering 18,54,79,400 equity shares with face value of Rs 10 per share. The IPO size is worth Rs 1038.7 crore. The price band is in the range of Rs 54-56 per share. The minimum lot size consists of 265 shares. The issue will remain open for subscription from March 26-28, 2018.

Air-conditioning and commercial refrigeration company Blue Star launched 100 new air conditioners on Tuesday, following which the share price of the company surged by 2.4 per cent on the bourses on Wednesday.

Following stocks are close to their 52-week low as at 12.57 p.m. on March 21.

The markets on March 21 opened up. BSE Sensex is trading at 33,178.50, up by 181.74 points and the Nifty is trading at 10,166.15, up by 41.80 points.

Leading heavy vehicle manufacturer Ashok Leyland has bagged a 2,100 bus order in Tamil Nadu.

If you are a mutual fund investor and looking to invest in equity-linked savings schemes (ELSS), make sure that you have done the basic research while selecting them. Since there is a lock-in period of 3-year, investors need to be extra cautious while picking ELSS scheme among the basket of tax saving funds. 

The financially distressed company Videocon Industries Limited has exited its insurance business. The business was co-owned by US-based Liberty Mutual Insurance Group and Videocon Industries.

Overall volumes in futures & options currently stand at 76.40 lakh contracts with a turnover of Rs.  6,44,894.77 crore.

Overall volumes in futures & options currently stand at 76.40 lakh contracts with a turnover of Rs.  6,44,894.77 crore.

The benchmark Nifty, after a negative opening, saw a V-shaped recovery and ended the session above the 10,100-mark. The price action formed a bull candle. Going ahead, Nifty will have to trade above the 10,165-mark, which is its 200-day SMA, to extend its upmove.

Indian stock markets is set for a positive start thanks to a good session in the United States. The SGX Nifty is pointing to a rise of 11 points for the Nifty at the start of the trading. Traders will be keenly watching the 10,165-mark as it is 200-day SMA for the Nifty and a sustainable move above this level would have an extension of a pull-back rally.  

The stocks that are likely to witness significant movement on the bourses on Wednesday, March 21 are Blue Star Limited, New India Assurance Company Limited, Transport Corporation of India Limited, Tata Consultancy Services Limited and GE Power India Limited.   

Your risk profile is a combination of your risk capacity and risk aversion. Knowing both will help you to do proper asset allocation.

Nitesh Estates is planning to sell majority stake of Nitesh Hub in Pune to private equity major Blackstone Group.

The share price of Future Retail gained on the bourses by 3.4 per cent in Tuesday’s trade as RBI increased the limit investment by Registered Foreign Portfolio Investors (RPFIs).

Following stocks are close to their 52-week low as at 12.50 p.m. on March 20, 2018.

The markets on March 20, 2018 opened down. BSE Sensex is trading at 33,055.13, up by 132.01 points and the Nifty is trading at 10,144.20, up by 49.95 points.

The share price of pharma major Cipla slipped by over 6 per cent on the bourses in Tuesday’s trade as the USFDA issued observations to the company’s Goa manufacturing facility.

Cement major UltraTech offers Rs. 7,266 crore to acquire Binani Cement but with the rider that the deal should happen outside the court.

Overall volumes in futures & options currently stand at 74.99 lakh contracts with a turnover of Rs. 6,25,236.27 crore.

Overall volumes in futures & options currently stand at 74.99 lakh contracts with a turnover of Rs. 6,25,236.27 crore.

To diversify your investment portfolio, mutual funds are considered as one of the best option as it gives an opportunity  to invest in a distinct asset class and with an expert management at the same time. The investors with the high-risk appetite can go for equity mutual funds on the other hand investors with lower risk appetite can invest in the debt funds.

Going ahead, the level of 10,000 is a key support for the index. On the other hand, the immediate hurdle for the Nifty is placed around the level of 10,160, followed by 10,200. Stocks in the news: Capacite Infraprojects, IRB Infra, BGR Energy, Future retail and Prism Cement.

Indian stock markets are expected to extend their downward slide as leads from Asian peers are weak, following a sharp decline in the US stocks. The SGX Nifty is indicating that the Nifty could fall 27 points at the opening bell.  

Delhi based hotel chain company Lemon Tree is set to launch its initial public offer worth Rs. 1,000 crore on March 26, 2018 for subscription. 

M&M had surged 1.1 per cent in Monday’s trade before it closed flat. The stock thereby attempted a second Range breakout in a row near 740 levels. Media cued about the completion of a strategic alliance between M&M and Ford Motor Co.

All the fall and volatility in the stock market in the month of February 2018 has not dented the faith of mutual fund investors and equity AUM as a percentage of India’s Market Cap is at 5.3%, all-time high.

Last year witnessed beginning of the trend of banks listing their different business arms, providing special business focus and raising funds to independently cater to their growth. We saw a wave of insurance companies being listed from both private and public sectors. The next in the line is ICICI Securities, which will get its own identity and and independent status from its parent ICICI Bank.

The IPO of Bandhan Bank Limited received an overwhelming response from both retail and institutional investor community. The bank's Rs. 4,500 crore IPO was subscribed 518 per cent at 15:00 hours on its closing day.

Infrastructure development company Ashoka Buildcon surged on the bourses by over 3 per cent in Monday’s intraday trade as the NHAI announced that the company is the lowest bidder for a project in Gujarat.

Following stocks are close to their 52-week low as at 1.08 p.m. on March 19, 2018.

The markets on March 19, 2018 opened up. BSE Sensex is trading at 32,980.74, down by 195.26 points and the Nifty is trading at 10,122.85, down by 72.30 points.

The Board of Directors of the state-run iron ore miner, NMDC at its meeting held on March 17, 2018 decided not to declare interim dividend for the financial year 2017-18. 

Kishor Biyani promoted Future Lifestyle Fashions surged as much as 3 per cent in an otherwise vary market conditions. The stock has been trading with higher bottoms and multiple resistance at tops forming an Ascending Triangle pattern and has breached the upper trendline on March 01, 2018.  

Presently, the company boasts of Rs. 80,000 crore order book, out of this order book around Rs. 50,000 crore orders belong to redevelopment.

Suzlon Group, India’s major energy solutions provider, on Monday announced that it has won two projects of 300 MW and 200 MW each under SECI (Solar Energy Corporation of India) bid.

The stock of Shilpa Medicare surged 10 per cent in early trade on Monday. The stock was buzzing following an update on a recent USFDA inspection of its Telangana facility.

Overall volumes in futures & options currently stand at 70.73 lakh contracts with a turnover of Rs. 5,88,936.11 crore.

Overall volumes in futures & options currently stand at 70.73 lakh contracts with a turnover of Rs. 5,88,936.11 crore.

Traders will keep an eye on 200-SMA, which is placed near 10,158, as a decisive move below this vital level would reinforce selling pressure in the markets and could pave the way for the bears as the index may slip to test the level of 10,090, followed by 10,000. Stocks in the news: ENIL, DB Realty, Thermax, UPL, ZEEL, Grasim Industries, Ramky Infrastructure and Cadila Healthcare

Today, India markets may open the session on a pessimistic note tracking weak global cues. The SGX Nifty is indicating that the Nifty could open with a loss of 18 points around 10,216 at the opening bell. Traders will keep an eye on the 200-SMA on the daily chart of Nifty, which it is placed around the level of 10,158. In the last instance, we saw Nifty bouncing back from its 200-SMA, so this will be a crucial level to watch out for in today’s trade.  

Diversification is a strategy that is used to mitigate portfolio risk. One can diversify one’s overall investment portfolio by investing in various asset classes such as equity, debt, gold, real estate, etc 

United Progressive Alliance (UPA) chairperson Sonia Gandhi hosted a dinner for the opposition parties in New Delhi, on March 13 to explore various possibilities of forging a grand alliance of the regional parties led by the Congress in the Lok Sabha Elections in 2019.

The recent imposition of heavy tariffs by the US President Donald Trump on imported steel and aluminium is likely to trigger a global trade war if countries affected by these tariffs retaliate by imposing similar tariffs on US goods. The justification offered by Trump for imposing the tariffs was that these were necessary to boost the US industries which were ostensibly suffering from “unfair” business practices of other countries.

Health insurance policies have ‘deductible’ and ‘co-pay’ clauses that have financial implications for the policyholder. These clauses limit the amount of claim payable by the insurance company in the event submission of claim by the insured. 

The stunning defeat of the BJP comes as a rude wake-up call for the party, coming as it does when the General Elections are just about a year away. The BJP derives most of its Lok Sabha strength from UP.

After a gap of nine months, monthly SIP has fallen on a monthly basis. Is it due to fall in the market or re-introduction of LTCG?

The asset management business of HDFC is likely to be listed on the Indian stock exchanges in the month of May.

Another Government of India company, Mishra Dhatu Nigam (Midhani), is set to get listed on the BSE and NSE through IPO. The issue will remain open from March 21 to March 23, 2018. The issue consists fully of Offer for Sale (OFS) of Rs 438.4 crore, offering 4,87,08,400 equity shares with face value of Rs 10 per equity share.

Nifty Pharma index plunged 1.4 per cent, though it still outperformed the benchmark indices which fell more than 1.5 per cent. Nifty Pharma index too plunged 1.4 per cent, though it still outperformed the benchmark indices which fell more than 1.5 per cent. Going forward, 8,500-8,470 will act as major supports, followed by 8,315.

As per the norms stated by TRAI, no operators should present segregated or segmented offers to its subscribers to retain them without displaying the tariffs on the company's website. 

The share price of Steel Strips Wheels surged by over 3 per cent in the intraday trade on Friday as the company won export orders for supply of steel wheels for EU Caravan market. 

Gravita India soared over 6 per cent intraday on Friday after the company announced that it has bagged a Rs. 300 crore order from a Singapore firm. 

In the past one year, the category of energy funds have given on an average returns of 22.96 per cent. We analysed the energy funds and their respective portfolio as on February 2018 

Making its debut on the stock exchange on Friday, Inflame Appliances Limited became the 231 ^st  company to get listed on the BSE SME platform. 

Exiting or switching a mutual fund scheme is a critical aspect of investing in mutual funds. Many a times investors switch or sell the mutual fund units with just one reason to book profits.

Stock brokerage company ICICI Securities, a subsidiary of ICICI Bank is set to launch its initial public offer to raise funds worth Rs. 40 billion. The public issue which will open on March 22 and close on March 26 and have a price band at Rs. 519 to Rs. 520 per equity share.

Indian stock markets have been trailing with negative sentiments on Friday, oil marketing stocks being the catalyst for the fall. IOC, BPCL and Hindpetro dragged Nifty Energy Index and Nifty 50 down. Moody's raised Crude Oil price forecasts.

Following stocks are close to their 52-week low as at 12.27 p.m. on March 16, 2018.

The markets on March 16, 2018 opened down. BSE Sensex is trading at 33,414.14, down by 271.40 points and the Nifty is trading at 10,275.95, down by 84.20 points.

Overall volumes in futures & options currently stand at 1.40 crore contracts with a turnover of Rs. 13,35,191.83 crore.

Overall volumes in futures & options currently stand at 1.40 crore contracts with a turnover of Rs. 13,35,191.83 crore.

Edelweiss had signed an agreement to acquire Religare’s securities business in December 2017 which was subject to regulatory clearance.

Going ahead, immediate support for the Nifty is seen around the 10,330-mark and violation of this support would lead to accelerated downward move towards the level of 10,300, followed by 10,270. Stocks in the news: Dilip Buildcon, HDFC, HDFC Bank, Adani Transmission, Wipro, Gravita, Purvankara and Bharat Financial Inclusion.

Today, the start for the Indian markets is likely to remain weak on negative global cues and on lingering concerns of the proposed no-confidence motion against the government. The SGX Nifty is indicating that the Nifty could open with modest loss of 35 points around 10,327 at the opening bell. 

Stocks that are likely to record significant movement on the bourses on Friday, March 16, 2018 are Puravankara Limited, Bharat Financial Inclusion Limited, Adani Transmission Limited, Zensar Technologies Limited, IDFC Bank Limited and Karur Vysya Bank Limited.      

The World Bank forecasted Indian economic growth to accelerate to 7.3 per cent in 2018-19 and to further speed up to 7.5 per cent in 2019-20.

The IPO of Sandhar Technologies Limited will remain open for subscription from March 19-21, 2018. The issue comprises of fresh issue of equity shares of Rs. 10 aggregating up to Rs. 300 crore and Offer for sale of up to 64,00,000 equity shares.The issue price is in the range of Rs. 327-332 per equity share having a face value of Rs. 10 each. The minimum lot size consists of 45 shares.

PSB Central Bank of India spiked up more than 15 per cent as 0.8 per cent equity of the bank was traded in two block deals.

These words point to the fact that the innate way in which stocks are evaluated does not change, while the era and technologies keep changing. So, the way in which DSIJ evaluates stocks has not changed, while the operational environment, government policies and macro-economic factors keep changing. 

The aftermath of PNB scam has created various shifts in banking system and regulators have tightened the grip on banks across the board. In a new resolution shared by RBI, it has banned banks for issuance of LoU (Letter of Undertaking) for availing buyers credit.

MMTC Limited on Wednesday intimated the exchanges that the company will consider and approve the proposal for issue of Bonus Shares in its meeting scheduled to be held on March 19, 2018.

The share of tiles manufacturing company Asian Granito surged by over 5 per cent on the bourses in Thursday’s trade as the company announced that it has entered a joint venture with a local partner.

PNB has detected another fraud of Rs. 9 crore at the branch which is involved in the approx. Rs. 13,600 crore Nirav Modi scam.

Himadri Speciality Chemical zoomed past 4 per cent in the morning trade on Thursday on the back of company’s plan to invest Rs. 1,000 crore to setup a greenfield plant in West Bengal.

Electric equipment major Havells India signed an agreement with South Korea-headquartered Hyundai Electric & Energy Systems to manufacture magnetic contactors on Wednesday.

The year 2017 saw several wealth creators, with the realty sector surprising investors with its superlative performance. Yogesh Supekar analyses sector-wise wealth creation in the past one year, while Tanay Loya finds out the market outlook for 2018 from the experts

Following stocks are close to their 52-week low as at 1.07 p.m. on March 15, 2018.

The markets on March 15, 2018 opened down. BSE Sensex is trading at 33,793.22, down by 42.52 points and the Nifty is trading at 10,396.65, down by 14.25 points.

Small-scale manufacturing, the backbone of Indian manufacturing sector, has been rightly identified as the source of employment generation and a nurturing ground for entrepreneurship and innovation. The SME sector is a significant contributor to the country’s GDP. The sector, making up about 95 per cent of the total industrial units in the country, employs over 106 million people and contributes over 45 per cent of the total Indian industrial output and 40 per cent of the total exports of India. 

Debt funds can play an important role in the portfolios of investors looking to earn higher returns than traditional options like fixed deposits and small savings schemes. There are variety of debt funds that allow investors to invest according to their varied time horizons. These are liquid, ultra-short term, short-term debt funds following different strategies like duration and accrual as well as dynamic funds.

Eris Life-sciences is an Ahmedabad-based branded generic selling pharma company. The company came out with its Rs1741 crore IPO in June last year, which was one of the largest ever witnessed in the pharmaceutical space and was subscribed 3.29 times.

The economic posturing by the US President Donald Trump has left the markets in doldrums. The protectionist policies proposed by Trump, specifically in metal and auto industries, followed by tough trade calls, spread pessimism across the globe. Markets took a breather in-between, assuaged by better-than-expected US jobs data. Moreover, the slower than expected rise in consumer prices, i.e., muted inflation, too brought in short covering in the markets. However, markets remained cautious ahead of retail sales data in the US. 

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 stock 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 global markets went into a tailspin after Trump announced introduction of tariffs on imports of steel and aluminium in the US. In India, the most affected stocks were naturally the metal stocks. The fear of trade war triggered panic selling in the global markets. The global markets recovered sharply after the US markets gained owing to positive employment data for the US economy. 

The initial public offer (IPO) comprises an offer for sale by the promoter selling shareholder of up to 77,249,508 equity shares of face value Rs. 5 each.