Key benchmark indices may open with sharp losses following biggest sell-off in the financial markets across globe from Asia to Europe to the United States since 2016  on concerns of inflation. The SGX Nifty indicates that the Nifty could tumble 358 points at the opening bell and open around 10,337.  

The stocks that are expected to witness a significant movement on the bourses on February 6 are Bharti Airtel/Vodafone/Idea Limited, Alok Industries Limited, Indiabulls Ventures Limited, Tata Motors Limited, Reliance Industries Limited and Endurance Technologies Limited.  

The PAT for the quarter came in at Rs 9.8 crore, a decline of 49.6% YoY. This was partly due to tax of ~25 per cent of effective tax rate as against Rs 1.46 crore tax credit in the corresponding quarter last year.

The company reported PAT of Rs 5.04 crore, which represents a sequential QoQ increase of 62.06 per cent and a YoY increase of 63.64 per cent. 

Jaguar Land Rover’s retail sales rose 3.5 per cent to 154,447 units YoY, whereas wholesale sales rose 2.2 per cent to 133,739 units. The Chinese and overseas markets were up, while the UK, US and European markets were down, reflecting more challenging conditions with cyclical weakness in the UK and the US.

Skin care and healthcare FMCG company Emami Limited announces a strategic investment in Brillare Science Private Limited on Monday. The investment is through CCPS route.

Ujjivan Financial Services reported healthy set of numbers in Q3FY18 with a stable loan book growth and steady improvement in asset quality and net interest margins.

The PAT for the quarter came in at Rs. 113.8 crore, yoy increase of 25.9%. This was due to 36.1 per cent yoy increase in other income.

The sector recorded a fast increase in activity in January in comparison with the past three months, on the back of a renewed rise in new business orders in the month.

In terms of bottom-line the company reported negative numbers of Rs. 5.61 crore as against net profit of Rs. 8.93 crore in the corresponding quarter of last year.

Company’s standalone revenue for the quarter came in at Rs. 3071.92 crore, registering 6.5 per cent yoy increase. EBITDA for the quarter rose by 55.7 per cent yoy to Rs. 447.59 crore with a corresponding margin expansion of 460 bps.

Indian Oil Corporation will invest Rs. 3,400 crore in Assam over the next five years. This investment will be utilized to fund greenfield as well as brownfield projects.

To analyse this, fund manager’s management tenure for the fund and returns generated in that period may be an effective aspect which can give an investor an overview of the fund manager and its investment strategies

Following stocks are close to their 52-week low as at 12.44 p.m. on February 5.

The markets on February 5 opened gap down. BSE Sensex is trading at 34,825.95, down by 240.80 points and the Nifty is trading at 10,687.65, down by 72.95 points.

Vakrangee had purchased 2 million shares of PC Jeweller for Rs. 112 crore through an open market transaction on January 25, 2018, using its treasury fund of over Rs. 1,500 crore.

Housing Development Finance Corporation (HDFC) is the top loser with 3.6 per cent losses. The stock dragged Nifty Fin Service which is currently the top loser amongst all sectoral indices falling 1.6 per cent down.

Construction and civil engineering PSU NBCC (India) bagged an order worth Rs. 2,000 crore from the government of Assam for the construction of Twin Tower Trade Center at Guwahati.

Singapore Telecommunications Limited (Singtel), a Singapore based telecom operator will be investing Rs. 2,649 crore in Bharti Telecom thus increasing its stake in the company to 48.9 per cent.

Overall volumes in futures & options currently stand at 82.10 lakh contracts with a turnover of Rs. 7,24,402.25 crore.

Overall volumes in futures & options currently stand at 82.10 lakh contracts with a turnover of Rs. 7,24,402.25 crore.

The RSI has dropped sharply lower and, at present, it is placed around 48 level. In the last couple of instances, we have witnessed a drop of up to the levels of 33-35 on the RSI and, from thereon, Nifty has witnessed a reversal. Hence, this could mean a possibility of more weakness in the short term in the Nifty. Top stocks to watch out: Bharti Airtel, GAIL, Speciality Restaurants, Cera Sanitaryware, Tata Steel, Avenue Supermarts, GMR Infrastructure, NBCC and Uflex. 

India’s benchmark equity indices are expected to open significantly lower, tracking a sharp sell-off in the US and Asian markets over concerns of rising bond yields. The SGX Nifty indicates that Nifty could open around the level of 10,611 with a gap-down of 107 points.  

Gold as an investment offers excellent financial security and easy liquidity to the investor. But, the moot point is, does gold offer good returns to the investors?

The price of a stock, it is said, is a function of demand and supply at any given point in time. This hypothesis holds true, provided there are no extraneous factors at play. While the second-by-second fluctuation in stock price may have nothing to do with any change in the fundamental factor, the overall demand-supply equation is the function of fundamental factors that go a long way in the determining the price level of a stock.

If you have some issues regarding the amount of premium being charged by your insurance company or you have not been issued a policy even after paying couple of premiums. If you have any of these complaints, you can approach the insurance ombudsman to get your complaint resolved.

The Union Budget 2018-19 has left the salaried class and investors fuming as there is hardly anything in the budget that would meet the expectations of these sections of the society. On the one hand, the long term capital gains tax on equity has raised the heckles of the stock market investors, on the other, the salaried class is sore as budget gives them with one hand and takes away with the other when it comes to tax rebate. 

The stocks that are likely to witness significant movement on the bourses on February 5, 2018 are United Spirits, PC Jeweller, BSE Ltd, GMR Infrastructure, Aarti Industries, V2 Retail and Aegis Logistics.

Bajaj Auto reported good earnings in Q3FY18 performance. The revenue growth for the quarter was boosted by 18 per cent yoy rise in sales volumes of the quarter. The company witnessed strong demand in CV and automotive segments.

The company with highest market capitalization in the 2-3 wheeler segment, Bajaj Auto, posted its Q3FY18 earnings report on Friday. The stock witnessed tremendous volatility amid robust January sales and Q3 performance on one hand and a sharp plunge in the overall markets on the other hand.

The company's standalone revenue for the quarter came in at Rs. 1,855 crore, registering 8.7 per cent yoy increase. Its Pantaloons and Madura Fashion & Lifestyle have reported growth of 12.5 and 7.9 per cent, respectively.

State-owned listed entity, Cochin Shipyard Limited (CSL) has signed a MoU with United Shipbuilding Corporation (USC) to design and develop state-of-art vessel that can be run in Inland and Coastal waterways.

Hindalco reported healthy quarterly numbers with robust revenue due to strong traction in metal prices. Further, its US subsidiary also recorded 92 per cent jump in net profit for the quarter.

The company’s net loss for the period narrowed to Rs. 41.1 crore in the quarter from Rs. 69.6 crore in corresponding quarter of last year.

In Budget 2018 infrastructure sector received a budgetary allocation of Rs 5.97 lakh crore for FY18-19. This represents an increase of 21 per cent as against revised estimates of last year. The government of India sees infrastructure investment need of Rs. 50 lakh crore to increase growth rate of GDP.

EBITDA for the quarter rose by 5.7 per cent yoy to Rs. 89.14 crore with a corresponding margin contraction of 5 bps. EBITDA margin for the quarter stood at 9.3 per cent. The PAT for the quarter came in at Rs. 53.14 crore, yoy decline of 4.1 per cent. This was led by jump in effective tax rate from 32 per cent to 36 per cent.

Indian benchmark indices witness a free fall, both Nifty and Sensex shed 240 and 770 points, respectively. After hitting all-time high on January 29, benchmark indices tumbled nearly 3.5 per cent in just four trading sessions. 

BSE Limited, Asia’s oldest stock exchange, announced its unaudited consolidated financial results for Q3FY18 on Friday.

The PAT for the quarter came in at Rs. 25.94 crore, yoy decline of 66.4 per cent. This was also due to rise in effective tax rate to ~45 per cent from 34.4 per cent in Q3FY17.

Following stocks are close to their 52-week low as at 12.54 p.m. on February 2.

The markets on February 2 opened gap down. BSE Sensex is trading at 35,335.86, down by 570.80 points and the Nifty is trading at 10,850.40, down by 166.50 points.

Vakrangee is on a selling spree in the markets since January 29. The free fall in the company's stock price was in the wake of possible investigation by SEBI for suspected share price and volume manipulation. the stock formed a kind of Shooting Star pattern at all-time high.

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 duly digested the most-await­ed event of presentation of the Union Budget 2018-19. Despite expectation of a populist budget, Finance Minister Arun Jaitley remained rather undiplomatic on all fronts, brushing aside the possible repercussions on the 2019 elections.

The government’s 10-year bond yields are rising in the last couple of months. Read on to find out how this is going to impact the stock market. 

Pharma major Lupin on Thursday announced receiving final nod from the US Food and Drug Administration (USFDA) to market its Clobetasol Propionate cream.

Benchmark indices were in a sea of red, down close to 600 points on Friday. BSE Sensex was at 35,322.45, down by 584.21 or 1.63 per cent, Nifty50 was at 10,834.40, down by 182.50 or 1.66 per cent at around 10:30 hours. Markets seem to be extremely disappointed by the Union Budget 2018.

Overall volumes in futures & options currently stand at 1.53 crore contracts with a turnover of Rs. 15,08,842.96 crore.

Overall volumes in futures & options currently stand at 1.53 crore contracts with a turnover of Rs. 15,08,842.96 crore.

In the coming session, we believe the low of ‘high wave candle’ i.e. 10,879 is a crucial support and a follow through move below this level may trigger further sell-off up to levels of 10,800. On the other hand, the level of 11,121 would be a crucial level to watch out for and any follow through move above this level would once again open the gates for all-time high levels. Top stocks to watch out: Lupin, Info Edge, Grasim Industries, Zee Media, Gammon Infra and Hinduja Ventures.

The benchmarks indices are likely to make a pessimistic start on weak global cues. The SGX Nifty indicates that the Nifty may open significantly lower at 10,931 with losses of 117 points.  

The proposed dividend distribution tax in the Union Budget 2018 will promote growth option of mutual funds.

Bajaj Finance Limited reported its Q3FY18 results on Thursday. The earnings for the quarter reported steady improvement in overall AUM and robust bottom-line growth.

As the fineprints of the Union Budget 2018 reaches the investor community, market witnesses extreme reactions to the budgetary announcements, ranging from fantastic, good to outright bad. Here are a few reactions from the key stakeholders representing the various sector of the Indian economy.

ICICI Bank posted stable asset quality and earnings for Q3FY18, GNPA’s remained little changed. However, the bottom-line remained subdued compared to the quarter and the previous year.

The tax efficiency feature in mutual fund investments stands reduced post Thursday's Union Budget announcement. The finance minister Arun Jaitley has introduced the long-term capital gain tax on equity/equity-related instruments on the gains over and above Rs. 1 lakh at 10 percent without the indexation benefit.

The PAT for the quarter came in at Rs. 15.27 crore, yoy increase of 3%. Taxes increased due to rise in deferred taxes attributed to the new capacities added.

Finance Minister Arun Jaitley in his Budget speech on Thursday announced that 56 unserved airports and 31 unserved helipads will be connected under regional air connectivity scheme (UDAN) of the government.

Furthering the Budget 2017 impetus on Housing for All, the government has assigned infrastructure status to affordable housing projects in this year's budget.On Thursday, the Finance Minister announced that the government will set up an affordable housing fund under the National Housing Bank (NHB).

The PAT for the quarter came in at Rs. 1.12 crore, yoy decline of 70.4 per cent. This was due to jump in interest expenses by 236.8 per cent yoy. Also, sharp decline in other income from Rs. 3.66 crore to Rs. 0.24 crore contributed to the decline in bottomline.

HEG standalone revenue for the quarter came in at Rs. 842.71 crore, registering 235.4 per cent yoy increase. 

IIFL Holdings on Wednesday announced to reorganize the company's corporate structure. The reorganization will result in three listed entities, one each for its Loans and Mortgages; Wealth and Asset Management; and Capital Markets businesses.

The government proposed 100 per cent deduction on revenue from Farmer Producer Companies, in the Union budget 2018. While deductions under section 80JJAA is extended to footwear industry, earlier, the criteria of a minimum period of 150 days employment was available only to the apparel industry.

In its initial reaction equity market has given a thumb down to budget as Nifty and Sensex eroded early gain post the announcement of Long-Term Tax Gain (LTCG) of 10 per cent on gain over Rs. 1,00,000 without indexation benefit. 

Following stocks are close to their 52-week low as at 12.55 p.m. on February 1.

Finance Minister, Arun Jaitley in his Budget speech announced that government is planning to allocate Rs. 7,140 crore for textiles sector in 2018-19.

The markets on February 1 opened up. BSE Sensex is trading at 35,721.55, down by 243.47 points and the Nifty is trading at 10,883.30, down by 144.40 points.

Our honorable FM has showed his focus in #budget2018 to improve the education sector with an aim to invest Rs 1 lakh crore for education sector in four years in order to emerge as the fastest growing nation over the next decade Indian youth should be kept into the focus.

Finance Minister, Arun Jaitley announced a Capex of Rs. 1.48 lakh crores for FY19. Bangalore Metro, Mumbai locals and unmanned rail crossing get government attention.

In a bid to give further impetus to Digital India, in the Union Budget 2018 government has increased its focus towards digitisation of education system and increase Digital intensity in the country.

Government will be focusing on the improvement of road infrastructure for seamless connectivity to various part of India. Government is expected to spend around Rs. 5.35 lakh crore for building around 35,000 Km roads in first phase.

For the healthcare sector, National Health Protection Scheme is launched to cover 10 crore poor and vulnerable families. This will benefit 50 crore beneficiaries. 

The Finance Minister announced a new healthcare policy, Ayushman Bharat Programme.

The Finance Minister has announced a Rs. 10,000 crore allocation for fisheries, aquaculture and animal husbandry funds. 

In the starting commentary finance ministry announced major relief for the farmers. The government increase in MSP of kharif crops by 1.5 times the cost of produce of the crops. It has earlier increased the MSP of rabi crops by similar percentage. This comes in line with the governments aim at doubling the farmers income by FY2022.

This budget is considered to be crucial for the government with the Loksabha elections scheduled in 2019. The major task for the government is to keep the general sentiment positive, while the nation goes to the polls.

In a bid to give further impetus to Digital India, in the Union Budget 2018 government has increased its focus towards digitisation of education system and increase Digital intensity in the country.

The Indian stock markets were in top spirit on Thursday morning ahead of the Union Budget announced by Finance Minister, Arun Jaitley. The markets were trading higher despite fears of LTCG making a comeback.

Government started with the objective to improve the farm income by 2x by 2022. In the very direction government is planning to provide 1.5x of the cost of produce as the minimum support price. This was earlier applicable for Rabi crops and has been extended to all crops.

Being a mutual fund investor, it is necessary and advisable to be aware of the all charges and costs involved with the mutual fund investment. The various costs involved in mutual fund investment 

Overall volumes in futures & options currently stand at 50.96 lakh contracts with a turnover of Rs. 4,73,999.37 crore.

Overall volumes in futures & options currently stand at 50.96 lakh contracts with a turnover of Rs. 4,73,999.37 crore.

Going forward, immediate support for the index is placed in the region of 10,970-10,990, followed by 10,900. On the upside, the level of 11,172 would be crucial to watch, as a move above this level would lead to an extension of the current leg of the upmove. Top stocks to watch out: Godrej Properties, Bharti Airtel, Hindustan Copper, Fortis Healthcare, Time Technoplast, Wipro, Phillips Carbon Black, Nocil and SBI. 

Indian equity benchmarks are expected to make a muted start on Thursday, and until the Union Budget proposals start rolling in, we expect range-bound movement and lots of volatility would be seen with the progress of the session. The big question is whether the FM would maintain the reformist fervour or he would prefer to add a tinge of populism to the budget. The Lok Sabha election in 2019 and the some crucial state elections coming up this year could see the budget tilting more towards populism.  

The PAT for the quarter jumped by almost six times to Rs 31.31 crore from Rs. 4.6 crore in corresponding quarter of last year. 

Indiabulls Housing Finance on Wednesday announced placing a Social Bond of US $50 Mn (Rs.315 crores).

The PAT for the quarter came in at Rs 14.13 crore, a decline of 16.8% YoY, which was due to steep rise in interest expenses by 50 per cent YoY.