The markets on April 26, 2018 opened gap up. BSE Sensex is trading at 34,567.75, up by 66.48 points and the Nifty is trading at 10,578.60, up by 8.05 points. 

IDFC Bank on Wednesday said it will raise up to Rs. 5,000 crore by issuing bonds in the next one year from overseas or domestic markets.

Leading dairy producer, Parag Milk Foods launches a new advanced body building product customized for Indians.

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

Sawan Gulati is a 35-year-old cloth merchant and lives in Aundh, a posh locality in Pune. He has recently purchased online Desicow A2 ghee, organic jaggery and moringa powder all from the same vendor – ‘Two Brothers Organic Farms”. Digital-savvy, Gulati often uses his latest Samsung S9 to order organic and Ayurvedic products and has even taught his wife how to do it on her latest iPhone.

Crude oil crossed the $70 per barrel mark in the global markets in a renewed rally. OPEC, Russia and other producers’ firm stance on production cut in 2018 has led to the recent surge in oil prices. According to a Bloomberg report, Saudi Arabia wants to get oil prices near $80/bbl to support the valuation of state energy giant Aramco before its initial public offering.

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. 

Finally, the Indian benchmark index Nifty succeeded in hitting its major multiple resistance at the 10630-mark. The index bounced back from its decisive support at 9950 level with baby steps northwards to hit its bullish reversal at 10630. 

Tata group’s cash cow and one of the largest Indian company, Tata Consultancy Services (TCS), has shown steady rise in the span of last 10 years, barring several bumps following the slump in Sensex and Nifty.

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.

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

The global markets, after bouts of volatility, have shown signs of stabilising. The global markets rallied taking cues from the stabilising global political situation. The trade war fear between US-China was seen abetting in the past couple of weeks as also the threat of nuclear war between US-North Korea subsiding. These two global events proved to be an incentive for the global equities in the past 15 days. 

Two things are panning out as mentioned in my previous communication – Sensex trading in a range and rise in crude oil prices. Sensex is trading closer to 35,000, while the rise in crude oil prices has started worrying various stakeholders, including the Government of India. 

Overall volumes in futures & options currently stand at 1.17 crore contracts with a turnover of Rs. 9,99,041.04 crore.

Overall volumes in futures & options currently stand at 1.17 crore contracts with a turnover of Rs. 9,99,041.04 crore.

Hence, going ahead, the level of 10,630-10,650 would be a crucial resistance zone for the Nifty. Whereas, on the downside, immediate support is seen around 10,530 followed by 10,495. Stocks in the news: Uniply Industries, Bharti Airtel, Cadila Healthcare, Kitex Garments, Shah Alloys, Indoco Remedies and Future Retail.

Today, the start of the April F&O series expiry session is likely to be slightly in red, tracking mixed global cues and volatility can be seen with the progress of the trade. The SGX Nifty is pointing that Nifty may open with a loss of 20 points at 10,548 .     

Trading and distribution company Garv Industries Limited became the 241^st company to get listed on the BSE SME Platform on Wednesday. 

Bajaj Corp posted 5.22 per cent YoY rise in PAT to Rs. 55.41 crore. The total income too came in at Rs. 222.46 crore as against Rs 206.86 crore in Q4FY17. Stock opened on a positive note, hit above previous high, but retreated and gave a sharp intraday fall after the results were announced.

Indoco Remedies informed that the UK-MHRA has issued GMP non-compliance to the company's Plant I in Goa.

Contra fund is one such fund which investors can look for to diversify with a comparable exposure,the fund takes a contrarian view on the equities and invests into securities having cheap valuations, but rich balance sheet.

Nifty Energy index traded marginally down with 0.4 per cent losses, dragged down by GAIL and Hindpetro. The index saw a horizontal trendline breakout at 14,480, however, it retreated and fell sharply in the first week of February. 

EBITDA for the quarter fell by 2.5 per cent yoy to Rs. 19.8 crore. While EBITDA margin for the quarter remained flat at 9.3 per cent.

Sterlite Technologies' consolidated revenue for the quarter came in at Rs. 847 crore, registering 19.8 per cent yoy increase. 

The shares of ICICI Prudential Life surged by 13 per cent in the last two trading sessions after the declaration of its quarterly results.

Following stocks are close to their 52-week low as at 1.08 p.m. on April 25, 2018.

The markets on April 25, 2018 opened down. BSE Sensex is trading at 34,559.13, down by 57.51 points and the Nifty is trading at 10,584.60, down by 29.75 points. 

The company's consolidated revenue for the quarter came in at Rs. 814.73 crore, registering 2.6 per cent qoq increase. Digital Services segment contributed 40.6 per cent to Q4FY18 and 38.2 per cent to full FY18 revenue.

The revenue from digital contributed around 24 per cent of the total revenue, as against 22 per cent in preceding quarter. 

The company's consolidated revenue for the quarter came in at Rs. 344.97 crore, registering 19.1 per cent yoy increase. The order book stood at Rs. 5,360.82 crore at the end of FY18 as against Rs 5,037.45 crore at the end of FY17.

DCM Shree Ram Ltd reported subdued numbers for the quarter, while on a YoY basis, the company posted growth across the board. The sugar business of the company witnessed subdued performance due to benign sugar prices in the country. 

The company's consolidated revenue for the quarter came in at Rs. 102.13 crore, registering 62.6 per cent yoy decline. This was primarily due to late receipt of a few large orders.

MPS Limited plans to acquire Tata Interactive Systems (TIS), the e-learning division of Tata Industries Limited.

Overall volumes in futures & options currently stand at 84.27 lakh contracts with a turnover of Rs. 7,13,076.52 crore.

Overall volumes in futures & options currently stand at 84.27 lakh contracts with a turnover of Rs. 7,13,076.52 crore.

On the downside, immediate support is seen around the level of 10,560, which is 50 per cent retracement of the recent downmove from the high of 11,172 to 9952 followed by 10,530. Stocks in the news: Bharti Infratel, Oberoi Realty, Raymond, Zensar Technologies, Autoline Industries, HIL, Strides Shasun, Indian Metals and Ferro Alloys and Fortis Healthcare.

Key Indian equity indices are likely to open with a gap on the lower side, tracking sell-off on the Wall Street as well as in the Asian markets, which are trading deep in the red. The SGX Nifty is pointing at Nifty opening with loss of 54 points at 10,566.    

India’s leading Registrar and Transfer Agent for Mutual Funds, Computer Age Management Services (CAMS) announced the launch of digiSIP, an initiative for setting up Mutual Fund SIPs in CAMS website.

Pharmaceutical major Alembic Pharma surged by over 5 per cent in Tuesday’s trade session on the back of successful USFDA inspection of its Panelav facility. The inspection by the United States Food and Drug Association concluded with zero Form 483s observations.

Aluminium prices plummet after the US government extended the deadline for the US customers trading with Rusal to comply with the sanctions imposed on the company. 

IT stocks dipped on Tuesday, after the Trump admin affirmed that it will end work permit issued to the spouse of H1B visa holders. This is expected to impact thousands of Indian IT workers working in the US on H1B visa.

Following stocks are close to their 52-week low as at 12.49 p.m. on April 24, 2018.

The markets on April 24, 2018 opened gap down. BSE Sensex is trading at 34,501.77, up by 51 points and the Nifty is trading at 10,578.95, down by 5.75 points. 

LIC Housing Finance company, which is one of the country’s largest HFC reported stellar performance in the quarter ended March 2018. The lower provisioning in the quarter aided in increasing profitability.

The NII for the quarter jumped significantly by 76 per cent yoy and 10 per cent qoq to Rs. 358 crore in Q4FY18 as against Rs. 325 crore in Q3FY18 and Rs. 203 crore in Q4FY17.

The highlight of the company's Q4 result was a consolidated PAT growth of four times on yoy basis.

Its standalone revenue for the quarter came in at Rs. 1,764 crore, registering 34.3 per cent yoy increase. This was led by jump in revenue from fertilizers segment and chemicals segment by 50 per cent yoy and 36 per cent yoy.

Overall volumes in futures & options currently stand at 87.01 lakh contracts with a turnover of Rs. 7,37,658.12 crore.

Overall volumes in futures & options currently stand at 87.01 lakh contracts with a turnover of Rs. 7,37,658.12 crore.

Going ahead, the level of 10,495 would continue to act as a major support for the Nifty and a sustainable move below this level may open up for further correction up to the level of 10,420. Stocks in the news: Music Broadcast, Shilpi Cables, Geojit Financial Services, Reliance Capital, Bharti Airtel and Thomas Cook.

Indian markets may start the session on muted note tracking mixed leads overnight from Wall Street. The SGX Nifty is pointing that Nifty may open with modest loss of 14 at 10,574.  

SoftTech Engineers, a software innovation SME catering to architecture, engineering and construction segments in set to launch its initial public offering on EMERGE platform of National Stock Exchange of India on April 27, 2018. 

One of the leading public sector bank in southern India, Indian Overseas Bank (IOB) entered into an agreement for Information Utility Services with National E-Governance Services Limited (NeSL) on Monday.

Cholamandalam Investment and Finance Company reported stellar performance for FY18. The revenue for the quarter as well as for full-year witnessed robust growth.

Following the development, the stock surged by 4 per cent on the bourses in Monday’s trade. 

Liberty House Group was allowed to participate in the bidding process for stakes in Bhushan Power & Steel Limited by the National Company Law Tribunal (NCLT), on Monday.

The funds which invest solely into the money market securities are money market mutual funds. These investments are short-term and very liquid investments.

Pharma major Lupin surged by over 2 per cent on the bourses in intraday trade as the company received FDA approval for generic Xenazine Tablets on Monday.

Cement pipe manufacturer Indian Hume Pipe Company surged by over 9 per cent on the bourses in Monday’s trade on winning a work order worth Rs. 578.50 crore from the Madhya Pradesh Jal Nigam Maryadit Multi Village Rural Water Supply Scheme.

Following stocks are close to their 52-week low as at 12.55 p.m. on April 23, 2018.

The markets on April 23, 2018 opened gap down. BSE Sensex is trading at 34,558.11, up by 142.53 points and the Nifty is trading at 10,617.00, up by 52.95 points. 

With this facility, the company's total installed capacity for maize grinding has reached to 3,000 MT per day, which is the highest capacity in the country.

Being a mutual fund investor, it is very important to balance your portfolio periodically. For this performance weighted strategy is one of the best suited strategy to reap higher returns

Country’s largest private sector bank reported strong FY18 numbers on Saturday. The revenues for the bank grew strongly coupled with robust advances and asset quality.

On the first trading session of the week, the stock of Unichem Laboratories surged more than 8 per cent due to zero observation from US Food and Drug Administration (USFDA).

Non-banking finance company, Fedfina which is a 100 per cent subsidiary of Federal Bank is in advance stage of talks to sell 26 per cent of the NBFC to True North Capital.

Overall volumes in futures & options currently stand at 69.67 lakh contracts with a turnover of Rs. 5,87,393.11 crore.

Overall volumes in futures & options currently stand at 69.67 lakh contracts with a turnover of Rs. 5,87,393.11 crore.

Going ahead, holding on to the low of 10,495, which was made on April 17, would maintain a positive bias and keep the index on course to retest the swing high of 10632 registered on February 27. Stocks in the news: Unichem Laboratories, Adani Enterprises, Kitex Garments, Axis Bank, Orchid Pharma, Cimmco, Aro Granite, Dilip Buildcon, Phoenix Mills and Suzlon Energy.

Indian markets are likely to make a pessimistic start as global cues are negative. The SGX Nifty is pointing that the Nifty may open down by 68 points at 10,537.50. 

It is imperative that every household has an emergency fund that can take care of expenses arising out of any emergency situation, such as hospital bills, loss of job and unexpected household expenses.

If you are a retired person or a risk-averse individual looking for steady return over the long term, you should consider investing in bonds issued by the government or by corporate entities. Investments in bonds provide steady income to the investor in the form of interest payments at regular intervals. 

If you are thinking of stopping your SIP instalments because you are not satisfied with the performance of the scheme and feel that the fund manager is not delivering returns matching that of comparable schemes, think again. 

The downward revision in inflation estimates is a welcome trigger that has perked up market sentiments. Lower inflation means that the RBI has no reason to hike interest rates, and a lower interest rate regime is conducive to industrial investments.

If you are going through a financial crisis and are in urgent need of cash, you can go for a gold loan if you have gold jewellery or gold coins with you. There are many advantages of taking a gold loan instead of taking a personal loan or any other type of loan. Let us understand why gold loan is a better option.

Fintech company Intellect Design Arena surged by nearly 4 per cent on the bourses in Friday’s trade as the company announced that it has launched ‘Global Deposit Manager’ in time for the US banks to capitalize on repatriated cash. 

Indiabulls Housing Finance, one of India’s largest housing finance companies, reported its FY18 results. The company's total AUM touched Rs 131,903 crore in Q4FY18.

Sterlite Technologies surged as much as 4.9 per cent with 3.54 times spurt in volumes. Sterlite Technologies succeeded in giving a symmetric triangle pattern breakout at 327 levelsupported by volume spurt and 14-period RSI trendline breakout at 53.50 and quoting at 55.50.

TCS witnessed a record high and a record closure at 3,422 and 3,402 levels, respectively. The stock achieved its channel and flag pattern target and has entered overbought zone. Yet with continued momentum it may give some more upside of up to 100-150 points in near term.

JB Chemicals & Pharmaceuticals Limited (JBCPL) has received an order dated April 18, 2018, from the Pollution Control Committee regarding the closure of the company’s formulation manufacturing plant at Daman. As per the committee, it has observed deviation of standards of treated waste water released from ETP outlet of this facility.

Leading manufacturer of pharmaceutical products, Bliss GVS Pharma Limited (BGPL) has acquired 60 per cent stake in Mumbai-based Eco-rich Cosmetic India Private Limited through its subsidiary Kremoint Pharma Private Limited.

Following stocks are close to their 52-week low as at 1.15 p.m. on April 20, 2018.

The markets on April 20, 2018 opened up. BSE Sensex is trading at 34,325.46, down by 99.93 points and the Nifty is trading at 10,529.05, down by 36.25 points. 

Overall volumes in futures & options currently stand at 1.28 crore contracts with a turnover of Rs. 12,15,965.45 crore.

Competition Commission of India (CCI) has slashed fine of total Rs. 215 crore on zinc-carbon battery makers for forming cartel and colluding fix prices for their products. The penalised battery makers included Eveready Industries, Indo-National and Panasonic Energy India Limited.

Overall volumes in futures & options currently stand at 1.28 crore contracts with a turnover of Rs. 12,15,965.45 crore.

In-line with the banks international expansion plan, Yes Bank receives RBI approval to open two representative branches in London and Singapore. The bank has an office in Abu Dhabi.

Going ahead, the level of 10,600 will act as an immediate resistance, followed by 10,630. On the downside, Tuesday session's low of 10,495 would act as a crucial support level, and as a long as Nifty manages to hold this support level, it is likely to reclaim the level of 10,631, which is the high of February 27, 2018.  Stocks in the news: JB Chemicals and Pharmaceuticals, Lasa Supergenerics, Info Edge, Kakatiya Cement, Indian Metal and Ferro Alloys, Mahindra and Mahindra and Religare Enterprises.

Indian benchmark indices are likely to open with modest losses as cues from Asian peers are mixed. The SGX Nifty is pointing that Nifty may open with loss of 35 points at 10,553.    

India’s largest software exporter, Tata Consultancy Services, reported its fourth quarter results of FY18 today. 

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Technical Analysis of 1 Stock (with 15 days horizon)

Review on 2 stocks recommended in past.

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The slow and steady steps taken by the Indian stock market bulls have pulled the benchmarks and other broader indices near to their trend reversal levels. The benchmark indices continued with their bounce-back from their major support levels, so much so that the benchmarks saw a straight nine-day rally, followed by consolidation at the higher levels with no immediate trigger to pessimistic sell-off. 

Reliance Industries Limited (RIL) and BP on Thursday announced sanctioning of the ‘Satellite cluster’ project in Block KG D6.

Global FMCG major, Procter & Gamble Company (P&G) plans to hold 51.80 per cent voting share capital of Merck Limited (India). The company has made an mandatory open offer for 26 per cent stake of the consumer healthcare company from public shareholders on the Indian exchanges.

The promoters of Cerebra Integrated Technologies have been acquiring the company’s shares at regular intervals.

Following stocks are close to their 52-week low as at 12.38 p.m. on April 19, 2018.

The markets on April 19, 2018 opened gap up. BSE Sensex is trading at 34,410.80, up by 79.12 points and the Nifty is trading at 10,558.30, up by 32.10 points.