Following stocks are close to their 52-week low as at 12.53 p.m. on May 15, 2018.

The markets on May 15, 2018 opened up. BSE Sensex is trading at 35,789.31, up by 232.60 points and the Nifty is trading at 10,874.90, up by 68.30 points.

The MoU has also set a target of 2.1 million tons of production of Alumina with 100 per cent capacity utilisation and an optimum Aluminium production target of 4.15 lakh tonnes.

N R Agarwal Industries' standalone revenue for the quarter came in at Rs. 345.44 crore, registering 15.1 per cent yoy increase.

The company’s order book as on March 31, 2018 stood at Rs. 17,298 crores, up by 37 per cent yoy. Also, total order intake for FY18 stood at Rs. 15,098 crore, growth of 22 per cent yoy.

International barometer that measures the performance of Indian stocks, the MSCI India Index has reshuffled the stocks it tracks post its periodic review. The new additions include Avenue Supermarts, and Interglobe Aviation, while deletions include IDFC Bank and Vakrangee.

Overall volumes in futures & options currently stand at 46.36 lakh contracts with a turnover of Rs. 4,04,390.21 crore.

Overall volumes in futures & options currently stand at 46.36 lakh contracts with a turnover of Rs. 4,04,390.21 crore.

Going ahead, the level of 10,840 will act as an immediate resistance, followed by 10,910. On the way down, the level of 10,770 would be seen as an immediate support, followed by 10,690. Stocks in news: Vedanta, JK Paper, Kaveri Seed, National Aluminium, Reliance Infrastructure, Shalimar Paints and Adlabs Entertainment.

Indian benchmark indices are expected to open with modest losses as the cues from the Asian peers are mostly soft. In a very important and significant cabinet reshuffle, Smriti Irani was moved out of the I&B ministry and Rajyavardhan Rathore will take charge of the I&B ministry, while Piyush Goyal will take additional charge of the Ministry of Finance till Arun Jaitley recovers from his illness. Market participants will wait for the outcome of Karnataka assembly elections as it will dictate the movement of the market. 

Dr Lal Pathlabs reported stable numbers for the Q4FY18 with strong revenue numbers and strong bottomline growth

The PAT for the quarter came in at Rs. 51.76 crore, an increase of 36 per cent YoY. This was due to a one-time gain of Rs 5.27 crore during the quarter. 

Nile reported weak numbers for Q4FY18 with declining margins due to higher raw materials costs.

Praj Industries surged as much as 6.16 per cent from the previous close with 4.73 times volume spurt. The stock of Praj Industries gave a resistance breakout on closing basis on Monday. This may be ahead of the corporate results which the company is likely to announce on May 16.

Gujarat Gas opened on a positive note and surged more than 5.5 per cent with 8.68 times volume spurt post Q4 in the last week. Stock rested its Descending Triangle pattern breakout at 860 levels on Monday supported by volume spurt and 14-period RSI giving multiple point downward sloping trendline breakout.

In its first chargesheet filed with regards to the over Rs. 13,000 crore Punjab National Bank scam, CBI books Nirav Modi, Mehul Choksi and the former MD & CEO of PNB, who now holds the same position in Allahabad Bank.

Slowly and steadily B15 cities are making their presence felt in as their share in the mutual fund asset base is growing in India.

Sun TV Network posted Rs. 289.76 crore as Net profit, an increase of 22.82 per cent for the year ending 31st March, 2018 as against Rs. 235.91 crore during the same quarter of the preceding year.

Following stocks are close to their 52-week low as at 1.14 p.m. on May 14, 2018.

The markets on May 14, 2018 opened up. BSE Sensex is trading at 35,509.42, down by 26.37 points and the Nifty is trading at 10,792.80, down by 13.70 points. 

Ahluwalia Contracts, construction company, has informed the exchanges that it has bagged new orders worth around Rs. 389.81 crore.

The company's EBITDA for the quarter rose by 17.4 per cent yoy to Rs. 180.25 crore with a corresponding margin contraction of 87 bps. EBITDA margin for the quarter stood at 17.5 per cent.

While the earning season brought cheers to almost all sectors, the strain in the banking sector, especially in the public sector banks, is also being highlighted. Prominent public banks including PNB, Allahabad Bank, Dena Bank, Canara Bank, Vijaya Bank, OBC, UCO were buzzing in the morning session.

Overall volumes in futures & options currently stand at 45.11 lakh contracts with a turnover of Rs. 3,87,111.61 crore.

Overall volumes in futures & options currently stand at 45.11 lakh contracts with a turnover of Rs. 3,87,111.61 crore.

On the way down, immediate support is placed around the level of 10,780, followed by 10,740. Stocks in news: Dena Bank, JSW Steel, Ashoka Buildcon, JBM Auto, The New India Assurance Company, Aarti Industries, Allahabad Bank, Sical Logistics and 5paisa Capital.

Indian shares look set to open flat to negative as the exit polls ahead of the actual counting in Karnataka assembly polls have not given a very decisive picture. If the consensus forecast of all the exit polls are considered, the results appear to be veering towards a hung assembly in Karnataka. 

The Income Tax (IT) department can impose penalty on a taxpayer who resorts to under-reporting or misreporting of income under Section 270A of the IT Act. This section was introduced in the Union budget of 2016.

Insurance companies, of late, have started offering out-patient department (OPD) cover with health insurance policies. TheOPD cover, which comes as an additional feature of the health insurance policy, offers reimbursement of expenses such as ambulance charges, diagnostic tests, prescribed and over-the-counter medicines, preventive health check-ups, etc.

When people want cash on an urgent basis for a short period of time, they usually think of taking a personal loan or a gold loan to tide over the temporary cash crunch. But there is another alternative which is quite popular among business persons, but it has not quite caught the attention of the general public. This is the overdraft facility.

If you are in your early 50s and have not planned for your retirement income yet, it is high time you start your retirement planning seriously. But how does one go about planning for retirement? Here are a few simple steps that will help you to provide adequately post retirement.

Health insurance policies offer tax benefit of Rs 25,000 per year (Rs 50,000 for senior citizens) under Section 80D of the Income Tax Act. To avail this tax benefit, policyholders have to make sure that they do not violate the conditions of tax exemption knowingly or unknowingly.

The Indian mutual fund industry is currently in a sweet spot. In the last few years, all the stakeholders of the industry, namely, regulator, investors, asset management companies and distributors are acting in tandem to facilitate the growth of the entire industry.

The stocks that are likely to witness a significant movement on the bourses on Monday, May 14 are Aditya Birla Fashion and Retail Limited, Godrej Agrovet Limited, The Federal Bank Limited, Gammon India Limited and Dynamatic Technologies Limited.  

Khadim India's standalone revenue for the quarter came in at Rs 196.365 crore, registering an increase of 31.1 per cent YoY.

Gabriel India reported strong set of numbers across the board with strong revenue and bottom-line. The total revenue for the quarter rose by 16.1 per cent yoy and 11.1 per cent qoq to Rs. 497 crore in Q4FY18 vs Rs. 428 crore in Q4FY17 and Rs. 447 crore in Q3FY18, while on a full-year basis to Rs. 1,093 crore in FY18 vs Rs. 636 crore in FY17.

Despite the positive closure of 0.8 per cent in the benchmark indices, market breadth remained slightly weak with 1,123 advances and 1,542 declines. This was in the wake of relative underperformance from the broader markets. There has been a tremendous divergence in both since the start of May 2018.

Maruti Suzuki country’s largest passenger car manufacturer plans to sell 2.5 million units annually by 2022-23 and 5 million units by end of 2028. The company provided a bullish outlook for the passenger vehicle segment for the long term.

JSW Steel on Friday reported 6 per cent growth in its crude steel production at 13.61 lakh tonne (LT) for the month of April 2018.  

The PAT for the quarter came in at Rs. 113.12 crore, yoy increase of 418.2 per cent. This profit includes Rs. 69 crore of deferred tax asset recognized.

The share price of Karnataka Bank rose by around 2 per cent on the bourses on Friday on the back of nearing the announcement of the bank's financial results and the opening of new branches in Karnataka.

Ujjivan Financial services reported best quarterly results with strong revenue growth and improving asset quality. The NII for the quarter rose by 76 per cent yoy and 24.3 per cent qoq to Rs. 269 crore in Q4FY18 vs Rs.152 crore in Q4FY17 and Rs.216 crore in Q3FY18.

The most sought-after IPO of recent times, Indostar Capital Finance IPO, was subscribed – per cent till 4 pm on its last day of subscription, on Friday.

Investors should use capture ratio intelligently to zero in on funds that suit their risk-return profile. 

Diversification is the key to reduce risk. To manage large investments efficiently, proper diversification among the various asset classes is very important. 

The share price of Max Ventures and Industries surged by over 3 per cent on the bourses in Friday’s trade as the company subsidiary Max Speciality Films Limited inaugurated its new BOpp1 manufacturing line on Thursday.

During Q4FY18, company’s domestic ad revenue jumped by 24.9 per cent yoy whereas subscription revenue grew by 18.1 per cent yoy.

The USFDA has granted final approval to Glenmark Pharmaceuticals Inc, US for Clobetasol Propionate Cream USP, 0.05 per cent, which is the generic version of Temovate Cream, 0.05 per cent, of Fougera Pharmaceuticals, Inc.

Following stocks are close to their 52-week low as at 12.21 p.m. on May 11, 2018.

The markets on May 11, 2018 opened up. BSE Sensex is trading at 35,344.36, up by 98.09 points and the Nifty is trading at 10,752.10, up by 35.55 points.

Union Bank of India dropped about 5 per cent intraday on Friday to Rs. 83.25 per share, their lowest since July 26, 2006 on the back of net loss of Q4FY18.

Asian Paints posted its Q4FY18 results on Thursday, May 10. On Friday, May 11, the stock surged more than 5.5 per cent scaling above all prior resistances and hitting an all-time high. The stock had gained momentum earlier since the end of April itself, may be ahead of the results.

High risk taking investors can take exposure in Hexaware Technologies.

Jio has barged into the postpaid segment with a new Rs. 199 plan which might severely hurt the revenues of Idea and Airtel in the upcoming quarters.

Overall volumes in futures & options currently stand at 1.16 lakh contracts with a turnover of Rs. 11,46,073.95 crore.

Overall volumes in futures & options currently stand at 1.16 lakh contracts with a turnover of Rs. 11,46,073.95 crore.

The company’s consolidated revenue for the quarter came in at Rs. 4,031 crore, registering 12.3 per cent yoy increase.

The share price of PC Jeweller soared about 20 per cent in early morning trade on Friday after the board of the company approved share buyback program. 

In the coming session, the level of 10,750, followed by 10,785, will act as immediate resistances for the Nifty. Stocks in the news: Sharon Bio-Medicine, Pennar Industries, Fortis Healthcare, PC Jeweller, Reliance Industries and Shree Pushkar Chemicals and Fertilisers.

Indian equity markets are poised to open the session on a firm note following rally in the global indices. The SGX Nifty indicates Nifty may open with gains of 62 points at 10,794.  

Indian economy is the fastest growing economy in the world and promises to continue its dominance in CY18 as well. Various sectors have contributed to the growth story of India. The Central Public Sector Enterprises (CPSE) have contributed lion’s share to the overall growth story of India in FY17. The CPSEs have cwontributed to economic growth through their contribution in Infrastructure development and balancing regional development. The CPSEs have not only contributed economically, but also socially, by playing a key role in discharging social obligations such as promoting education, skill development of youth, providing healthcare, etc. 

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

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).

Indian stock markets have scaled some of the tallest walls of worries that have been dogging the global markets. It has duly digested the trade war fears, global oil price rise to multi-year highs and the appreciation of the dollar against rupee.

The stock exchange has planned to provide latest information about the promoters’ pledged holdings every month within five working days of the subsequent month.

The stocks that are likely to record a significant movement on the bourses on Friday, May 11 are Max Speciality Films Limited, Karnataka Bank, Zensar Limited, Pennar Engineered Building Systems Limited and Saregama India Limited.    

ROLL OF HONOUR

The share price of Asian Oilfield Services plunged by 20 per cent to its 52-week low of Rs 134 on the BSE on Thursday, after the company announced that its unit Asian Oilfield and Energy Services DMCC received a termination notice from Koral Energy International.  

KRBL reported negative growth in the top and bottom-line for Q4FY18. However, the company improved its operational performance for the quarter.

Balanced funds, one of the most sought-after funds in 2017 is losing its charm. Read on to find the reasons for such fall from grace.

We follow a ranking methodology for PSUs based on comprehensive financial parameters. We have evaluated data only of Maharatnas, Navratnas and Miniratnas, among CPSEs. Again, these companies are divided into manufacturing and non-manufacturing, depending on their areas of operation.

The company’s order book as on 31 st March 2018 stood at Rs. 2,559 crore.

India's top private airline operator Jet Airways was denied approval from the Aviation Ministry to merger with its wholly-owned subsidiary Jet Lite.

Investors usually invest into tax-saving funds at the end of the year that in the last 3-4 months of the financial year to receive a tax shield. Usually, tax-saving funds are utilised for the purpose of tax saving only. But these funds are also equity-linked and even they can reap better returns in the longer run.

Welspun Enterprises ascended over 11 per cent on the bourses intra-day on Thursday after the company  emerged as the lowest bidder for a project in Tamil Nadu. 

Like most things, personal finance or money management can be simple or complex, depending on how it is presented to you. This article hopes to provide some simple tenets to follow while nurturing your life and money. 

Following stocks are close to their 52-week low as at 1.01 p.m. on May 10, 2018.

Mutual funds offer a variety of schemes that allow investors to invest in different asset classes to build their portfolios for varied investment goals to be achieved over different time periods. However, while selecting the funds, investors often face the dilemma of how to choose the right one and in what proportion. The over-lapping, both in terms of portfolio composition and investment strategies, often makes it difficult for investors to make the right decisions. 

Indian mutual fund industry is in a high acceleration mode since last couple of years. Investors are rushing to invest in the mutual funds due to its attractive returns and flexibility. Investors are usually advised to have a diversified portfolio of funds to reduce the risks.

The markets on May 10, 2018 opened gap up. BSE Sensex is trading at 35,302.76, down by 16.59 points and the Nifty is trading at 10,729.25, down by 12.45 points.

Large-cap dedicated equity funds that form a major part of equity AUM in India are witnessing contraction in their performance of late. DSIJ delves on the reasons for such performance and what should be your next move as an investor.

This is an open-ended equity scheme, which invests predominantly in equity of companies engaged in the banking and financial services. 

If you are a mutual fund investor, chances are high that you have received e-mails from asset management companies intimating you regarding the change in the name of the schemes, merging of two schemes or even change in the investment attributes.

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 vehicle financing market in India has been lately taking giant strides of growth. Tanay Loya explores if the sector can be the next growth driver for NBFCs going forward.

Prateek Tagad, a young investor in his mid-twenties who has been investing in stocks since last three years, is extremely tech-savvy and is comfortable trading equities using his mobile app. Prateek is a big fan of the newest forms of discount brokers and religiously trades through one of them. Says Prateek, “It doesn’t make sense to pay higher brokerage when the services are available from discount brokers at throwaway prices. In the long run, the cost matters.” 

TeamLease Services (TLS), established in 2002, is one of India’s leading human resource service companies in the organised sector. The company provides employment and employability and education services to various industries. 

ITR Forms The CBDT has notified 7 types of ITR forms which are applicable for the assessment year 2018-19 in respect of income earned during the financial year 2017-18. ITR 1 (Sahaj), ITR 2, 3, 3 & 4 are applicable to individuals and HUFs. ITR 5 is applicable to firms including LLP,AOP, BOI, legal authority and artificial judicial person ITR 6 is applicable to companies, other than companies claiming exemption under section 11 ITR 7 is applicable to persons who are engaged in the business of charitable activities and are required to file their returns under section 139( 4A)to (4F) of the Act 

Indian benchmark indices are off their decisive levels; however, the indices are seen straggling at higher levels. Markets are moving range-bound with cautiousness ahead of the Karnataka elections to be held on May 12, the results of which will be out on May 15. So far, Indian markets have duly digested the rise in global oil prices to multi-year highs as well as dollar appreciation against most other currencies.

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 traded mixed in the past couple of weeks with the German indices outperforming the other major global indices. The German DAX gained 2.99 per cent, Dow Jones Industrial Average slipped 0.37 per cent while S&P 500 managed to close flat in the past two weeks. Nasdaq gained the most amongst the US indices and managed to close higher by 2.60 per cent, thus indicating outperformance of IT stocks. The European  markets outperformed the global peers with FTSE closing higher by 2.27 per cent even as CAC 40 gained 1.71 per cent. Among Asian markets, Shanghai was the best performer along with Nikkie. Shanghai gained 2.24 per cent, while Nikkie was up by 1.72 per cent.

Sensex is on a roll, cheering the good earnings performance of corporate India, even as rising crude oil prices and weakening INR against the USD attempt their best to spoil the party. The combination of crude oil price rise and weakening INR can be sentimentally negative for the markets. However, I believe the crude oil prices have peaked out and the RBI may soon intervene to support INR against the USD by selling dollars in the market.

Fairchem Speciality Limited posted stellar results in Q4FY18. The operational profit of the company more than doubled with strong margin expansion.

Security Intelligence Services reported subdued bottomline for the quarter and higher revenues and operational profits 

Cadila Healthcare, on Thursday, announced receiving final approval from the USFDA for Carbidopa tablets.