The Finance Bill 2018 has proposed certain amendments with regard to the scheme of taxing Long Term Capital Gain (LTCG) arising on transfer of listed equity shares and units of mutual funds. Under the existing tax regime, LTCG arising from transfer of long term capital asset on which STT is paid is exempt from the income tax u/s 10(38) of the Income Tax Act. However, the present tax exemption was misused and abused as a tool of tax evasion.

While writing to you for this edition, I quietly realised it is our 32nd Anniversary. After feeling nostalgic for a while, I realised how long and fruitful the journey has been. I must tell you that there has been nothing more exciting in my life than communicating to you the wealth creating ideas for 32 continuous years.

Overall volumes in futures & options currently stand at 89.24 lakh contracts with a turnover of Rs. 8,00,356.04 crore.

Overall volumes in futures & options currently stand at 89.24 lakh contracts with a turnover of Rs. 8,00,356.04 crore.

Going ahead, Nifty is likely to see support around the level of 10,360, followed by 10,300. On the upside, the level of 10,450 is a crucial resistance zone. Stocks in the news: Havells, Asian Granito, Wipro, Bharti Airtel, Majesco, TVS Motor, Himadri Speciality Chemical and Welspun Enterprises.

Indian equity benchmarks are likely to start the session on negative note on back of weak global cues. However, traders will get some support from the report of World Bank which has projected India’s GDP to grow at 7.3% in FY19, driven by private consumption, investment and exports. The SGX Nifty is indicating that the Nifty could open with a marginal loss of 27 points around 10,403 at the opening bell.  

The stocks that are likely to witness significant movement on the bourses on March 15, Thursday are Wipro Limited, Havells India Limited, Balrampur Chini Mills Limited, Dish TV India Limited and Asian Granito India Limited.  

Strides Shasun Limited’s subsidiary Strides Pharma Global has got an approval for Efavirenz Tablets USP, 600 mg from the US drug regulator.

Following the call for about 9 crore pledged shares in the previous month, banking major Yes Bank acquired 17.31 per cent stake in health care company Fortis Healthcare on Wednesday.  

The public issue of Karda construction Limited, a Nashik-based real estate developer, will open on 16-03-2018 and closes on 21-03-2018.  The minimum market lot of the issue is 80 shares for the price range of Rs. 175-Rs. 180 per share with face value of Rs. 10 per share. The company will be listed on BSE and NSE both. The issue comprises of public issue of 43,00,000 shares out of which 23,00,000 will be fresh issue and 20,00,000 shares will be offer for sale by the promoters. The promoter holding in the company will come down to 45.5 per cent post issue versus 76 per cent pre issue

Hyderabad-based steel PSU, Mishra Dhatu Nigam or MIDHANI is set to open its Rs. 438.4 crore initial public offer for subscription next week. 

The IPO which open on Wednesday is offered at the price band of Rs. 413-428 per share, which is 10.3 to 10.7 times P/E for the company’s FY2017 earnings.

Sector rotation can be a big differentiator in your portfolio’s return. Read on to find which sectors are leaders and which of them are laggards in terms of performance in the different period.  

IT company Vakrangee shot up in the stock market on Wednesday after the company announced the launch of its travel and visa assistance services at three of its outlets at Andheri, Bandra and Worli in Mumbai. 

Following stocks are close to their 52-week low as at 12.42 p.m. on March 14, 2018.

The markets on March 14, 2018 opened up. BSE Sensex is trading at 33,607.39, down by 249.39 points and the Nifty is trading at 10,344.80, down by 82.05 points.

Despite volatile market conditions, one more company is set to hit primary market on March 16, 2018. This time it is government-owned Navratna title conferred entity Hindustan Aeronautics Limited (HAL).

Leading construction company, IRB Infrastructure Developers (IRB), has won two projects under Hybrid Annuity Model in Tamil Nadu. This is also the first project for the company under Hybrid Annuity space.

Dynamic bond funds have always been the choice of investors in a falling interest rate scenario. However, the recent spike in bond yields turned the returns of these funds into red. In the last three months, these funds have given very poor returns.

Overall volumes in futures & options currently stand at 1.01 crore contracts with a turnover of Rs. 8,95,731.16 crore.

Overall volumes in futures & options currently stand at 1.01 crore contracts with a turnover of Rs. 8,95,731.16 crore.

Watch out for Bharti Airtel, Fortis Healthcare, IndusInd, Balarampur Chini

Previous day’s retreat in the second half of the session suggests that Indian markets may remain under pressure in today’s early session of trade. Further, weakness among global bourses would also drive the Indian markets down. SGX Nifty too is trailing down 0.4 per cent at 10387 at 7:17 hours IST. 

Adding to the company's fleet of innovation, packaging major Uflex launched its first in-house manufactured Gearless CI Flexo printing machines on Tuesday. Following the development, the share price of Uflex surged by nearly 7 per cent on BSE in the intraday trade on Tuesday. 

Pharma major, Lupin launched Tydemy Tablets (Drospirenone, Ethinyl Estradiol, Levomefolate Calcium and Levomefolate Calcium in the US market.

Following stocks are close to their 52-week low as at 12.45 p.m. on March 13, 2018.

The markets on March 13, 2018 opened up. BSE Sensex is trading at 33,999.15, up by 81.21 points and the Nifty is trading at 10,455.50, up by 34.10 points.

Indexation in short may help you to reduce your tax burden on capital gain.

The stock of InterGlobe Aviation was seen under pressure on Tuesday following news that the airline regulatory has asked the company to ground its A320neo fleet of aircraft.

AMFI data also shows that SIPs have been gaining traction and popularity among the investors. For the year 2017-18, on an aggregate level the mutual fund industry had added around 9.26 lakh SIP accounts per month, with an average SIP size of Rs. 3,300 nearly for each SIP account. 

Overall volumes in futures & options currently stand at 65.48 lakh contracts with a turnover of Rs. 5,50,661.47 crore.

Overall volumes in futures & options currently stand at 65.48 lakh contracts with a turnover of Rs. 5,50,661.47 crore.

Watch out for Tata Steel, TCS, Videocon, Vedanta, SBI, Yes Bank, Fortis, Adani.

Today, the Indian markets are likely to open on a positive note tracking encouraging macroeconomic numbers released yesterday post market hours but may remain subdued on the back of mixed global cues. 

Hero Motocorp surged 3 per cent from its previous close and witnessed a trendline breakout at 3685 levels. Going forward, the stock may see a positive rally which would be confirmed once the stock breaks its major resistance at 3750-3753 levels on a closing basis.

India's aircraft maker Hindustan Aeronautics Limited (HAL) will list on the equity market through its Initial Public Offer (IPO) of Rs. 4,200 crore.

The off-road Roxor which marked M&M’s entry in the US automotive markets is priced at US$ 15,000. Notably, the company has received 3,000 advanced bookings for the Roxor and has signed up 230 dealers.

ITC, which holds 80 per cent market share in cigarettes buoyed after GST Council kept the cess on cigarettes unchanged. ITC has broken out of the trendline level on Monday with volume spurt and 14-period RSI positive crossover.

Following stocks are close to their 52-week low as at 12.28 p.m. on March 12, 2018.

Perpetual SIPs state to be the SIP’s with no tenure and end date. Most of the fund houses/ AMC’s  consider such SIPs to last till 2099 unless an investor gives a specific instruction to stop them. These SIPs aim at ensuring investment discipline and continuity.

The markets on March 12, 2018 opened gap up. BSE Sensex is trading at 33,601.93, up by 294.79 points and the Nifty is trading at 10,319.40, up by 92.55 points.

The Indian airline sector is buzzing with a series of new developments that have come up during the weekend.

Overall volumes in futures & options currently stand at 56.89 lakh contracts with a turnover of Rs. 4,81,492.44 crore.

Overall volumes in futures & options currently stand at 56.89 lakh contracts with a turnover of Rs. 4,81,492.44 crore.

The issue opens on March 15, 2018, and closes on March 19, 2018. The issue comprises of fresh issue and an offer for sale of 11.9 crore shares of the promoter company BFSL (Bandhan Financial Services Ltd) worth Rs 4473 crore. The price band fixed for the issue is Rs 370-Rs 375 per share with face value of Rs.10 per share. The minimum lot size of the issue is 40 shares and will be listed on the BSE and NSE

Watch out for Reliance Communications, Tata Motors, Bharti Airtel, Aarti Drugs, Avanti Feeds, Apex Frozen Foods, Waterbase.

Today, the Indian markets are likely to open on a positive and stable note followed by robust closure in the US markets amid strong jobs data. The SGX Nifty, which has surged 118 points at 10331.50 at 7.15 hours IST, is indicating that the Nifty is likely to have positive opening in the Indian markets.  

You must have heard the oft-repeated advice, “Timing the market is not important, time in the market is”. Well, let us admit that this holds true for long term investments and, therefore, it makes a forceful case for long term investments. But if timing the market is not important, then how does one make money in the short term?

Being in cash comes with an opportunity cost, which is the benefit foregone by the investor by holding cash. In other words, the opportunity cost is the indirect loss suffered by the investor by holding cash.

These averages come in handy to determine the likely movement of the stock, commodity or the index going forward and, accordingly, decide on the course of action to be taken.

Gone are the days when an investor had to fill up application form with his own hand and submit the completed form at the broker’s office to subscribe to an IPO. Today, sitting in the comfort of the house or office, an investor can subscribe to IPOs and NFOs or buy shares or mutual fund units in the secondary market at the click of a mouse or swipe of smartphone screen.

Market players are wary of various types of market risks that might result in a financial loss to them. The macro risks are the most significant ones that can impact the markets in a profound manner. So, what are these macro risks and how and why do they impact the markets? Let’s try to find out.

International Mutual funds, these funds allows investor to invest in the equity or equity-oriented securities linked to the foreign markets. Lets take a look how do they work and what are the risks involved?

Bajaj Finance, NBFC promoted by Bajaj Finserv, surged as much as 2.4 per cent and closed 1.6 per cent up, in otherwise negative market conditions. The stock emerged as the second top gainer in Nifty50, where only 4 stocks could make up to close with 1 per cent plus profits.

On the weekly time frame, the index took support at 50 per cent retracement of the prior upward rally and bounced back. However, the negative sentiments spread across are refraining the index to gain momentum. Thereby, the index has halted at the resistance level of 12900 levels since February 23.

The company won domestic digital transformation orders worth Rs. 365 crore from various organisation operating in different businesses.

The bank regulator Reserve Bank of India has imposed a fine of Rs. 10 lakhs on Equitas Small Finance Bank (SFB) as the company was selling mutual fund, pension and insurance products without taking approval from the regulator.

Indian major indices have turned indecisive  but Nifty Media is at the forefront of positive move with 1 per cent gains. Nifty Media Index has taken a major support at 3215-3220 levels which is its multiple resistance turned support level. 

Brushing aside rumours that Videocon chief Venugopal Dhoot has left the country, the company expresses confidence that it will be able to repay its lenders soon.

In the current volatile market, investors are diversifying their portfolios to safeguard their investment and avoid losses.

Going ahead, the levels of 10,275 and 10,310 would act as immediate resistances for the index and, on the downside, the levels of 10,200 followed by 10,130 would be seen as support for the index. Stocks in the news: Filatex India, Bank of Baroda, Bank of India, Shree Renuka Sugars, TCS, Spice Jet, Global Offshore Services, GTL Infrastructure, L&T Finance and Interglobe Aviation

Today, the markets are likely to make an optimistic start following firm global cues. Also, traders will be getting support from the report that net direct tax collection in the April-Feb period of 2017-18 showed a whopping 19.5% growth from the year ago period to Rs 744,000 crore. The SGX Nifty is indicating that the Nifty could open with gains of 40 points around 10,278 at the opening bell.  

The number of women fund manager in Indian fund management industry is on rising, despite that they are inadequately represented in the industry. 

The IPO of Bharat Dynamics will remain open for subscription from March 13-15, 2018. The issue consists of Offer for Sale (OFS) where the Indian government is selling 12% stake worth Rs 960.94 crore. The issue price is in the range of Rs 413-428 per equity share having face value of Rs 10 each.

Nashik-based real estate company Karda Constructions (KCL) is entering capital market with the Initial Public Offering (IPO) of 43 lakh equity shares.

One of India's newest bank Bandhan Bank is entering the equity market through Rs. 4,500 crore Initial public offering (IPO).

The Information technology(IT) sector funds look to be back on track after two years of immense underperformance. These funds have returned nearly around ~31 per cent in the last one year. 

Following stocks are close to their 52-week low as at 1.22 p.m. on March 8.

The markets on March 8 opened up. BSE Sensex is trading at 33,170.71, up by 137.62 points and the Nifty is trading at 10,196.70, up by 42.50 points.

Paytm's subsidiary Paytm Money has received a green signal from SEBI to offer investment and wealth management products to consumers across the country.

Tata Steel may get access to the assets of Bhushan Steel as the company is identified as highest bidder by the Committee of Creditors. Bhushan Steel owes Rs. 45,000 crore to the banks.

Overall volumes in futures & options currently stand at 98.78 lakh contracts with a turnover of Rs.  8,70,651.46 crore.

Overall volumes in futures & options currently stand at 98.78 lakh contracts with a turnover of Rs.  8,70,651.46 crore.

Going ahead, the level of 10,120-10,140 will act as an immediate support zone for the Nifty. However, a decisive breach of this zone may lead to further weakness, in which case it may test the low of 10,075 reached during the panic of Gujarat election results. Stocks in the news: Cadila Healthcare, SBI, Hero Motocorp, Pidilite Industries, Nitco, Torrent Power, Marico, Coal India, Stride Shasun, JSW Steel, Sanghi Industries, Gayatri Projects and Bharti Airtel.

Indian equity benchmarks are expected to witness a mildly positive opening as cues from Asian peers are supportive. However, the bigger question is will the market be able to sustain the initial gains or will it be just a dead cat bounce. The SGX Nifty is indicating that the Nifty could open marginally positive around 10,214 at the opening bell.  

Indian drug major Torrent Pharmaceutical is planning to bid for Sanofi's generic business, Zentiva NV.

The investigation agencies are now probing 31 banks who have lent a sum of around Rs 5,000 crore to Gitanjali Gems.  

Now, going forward, the market could drift to test the daily 200-SMA, which is placed around the level of 10,120. But any bounce-back towards the levels of 10,310 and 10,350 will act as immediate resistance areas for the Nifty. Stocks in the news: Infosys, TCS, Bal Pharma, Ashoka Buildcon, REC, Sadbhav Infrastructure Projects, Dabur, HPL Electric and Power, Avenue Supermarts, Ultratech Cement, ZEEL, Bharti Airtel and Speciality Restaurants.

Indian markets are expected to open flat with a negative bias as cues from global peers are mixed. The SGX Nifty is indicating that the Nifty could open marginally negative around 10,230 at the opening bell. Since Nifty has breached its very crucial level of 10,300, we believe that the undertone of the market has shifted from 'buy on dips' to 'sell on rise'.  

India's largest mutual funds distribution Infrastructure, BSE StAR MF announced on Tuesday that about 40 banks have been enabled for e-mandate on BSE StAR MF. 

Indian stock market bulls finally surrendered after tremendous struggle to sustain above the support levels. We hold 10,100 followed by 10,033 as immediate supports. The 9685 level is a major reversal for the Nifty in the medium term. On the upside, 10315-10375 followed by 10,425 will act as resistances.

Defence public sector company Bharat Dynamics Limited (BDL) ventures into the stock market next week with its pure offer of sale (OFS) offer which may fetch the Government of India Rs. 600 crore.

Interest rate are set to rise globally, and central banks are looking to normalise the interest rates. Read on to find how to position your portfolio in this situation. 

This proposed six lane expressway will reduce the distance between the two cities by almost 40 km and reduced the current travel time of 4 to 6 hours to around 2 hours.

Following stocks are close to their 52-week low as at 12.42 p.m. on March 6, 2018.

The markets on March 6, 2018 opened up. BSE Sensex is trading at 33,861.19, up by 114.41 points and the Nifty is trading at 10,404.55, up by 45.70 points. 

JSW Energy has acquired JSW Electric Vehicles Private Limited in-line with its focus to venture into the Electric Vehicles, Energy Storage Systems and associated businesses.

The pharma industry bellwether Sun Pharmaceutical was buzzing on the bourses following news that USFDA may soon give clearance to the company's Halol site in Gujarat.

Overall volumes in futures & options currently stand at 55.68 lakh contracts with a turnover of Rs. 4,77,603.56 crore.

Overall volumes in futures & options currently stand at 55.68 lakh contracts with a turnover of Rs. 4,77,603.56 crore.

Indian markets are likely to witness a positive opening as cues from global peers are supportive. The SGX Nifty is indicating that the Nifty could open higher by 39 points around 10,399 at the opening bell.  

Going ahead, the zone of 10,270-10,300 is very crucial for the Nifty and a decisive breach of this support zone may trigger a sell-off which may drag the market up to the levels of 10,200-10,080 in the near term. On the upside, the gap area of March 5, 2018 (10,429-10,447) will play out as the resistance area. Stocks in the news: Infosys, Prime Focus, Mahindra and Mahindra, Wanbury, JSW Energy, Reliance Industries, Somany Ceramics, HDFC, Ramco Cements and Reliance Infra.

The stocks that are likely record significant movement on the bourses on Tuesday, March 6, are JSW Energy Limited, Wanbury Limited, Reliance Industries Limited, Oil India Limited and Bharat Petroleum Corporation Limited.      

While the market still debates the effect of Trump admin's newly imposed import tariff on steel and aluminum, Indian markets slip in-line with global weakness post the announcement.

Eris Lifeciences is seen surging against the market sentiments with 5.4 per cent gains from the previous close. The stock succeeded in giving a consolidation breakout with 3.10 times volume spurt in intraday trade. The oscillators too are trailing above 60 levels which supported momentum in the stock.

The IT sector has been on a recovery mode since the past few months. In October 2017, the BSE Information Technology index stood at 10,005.49. It touched new 52-week high of 13,126.39 in January 2018. Currently it is trading at 12,439.91 levels. Thus, in past 4 months, the index has surged by ~25 per cent.

After a brief downward rally in the most talked of cryptocurrency, Bitcoin, the bottom is said to have been made for now. ow Bitcoin/USD chart shows a Cup and Handle pattern in the making, with Bitcoin taking multiple resistance at 11,600-11,775 levels.

Following stocks are close to their 52-week low as at 1.08 p.m. on March 5, 2018.

The markets on March 5, 2018 opened up. BSE Sensex is trading at 33,701.61, down by 345.33 points and the Nifty is trading at 10,340.80, down by 117.55 points.

Adding to its wide range of innovations, Uflex launched its special glitter ink for flexible substrates such as paper and heat sensitive films on Monday. The glitter ink will get cured by LED lamps applied in-line with gravure printing process using solvent or water-based ink system.