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. 

Following the trend seen in the global resource stocks, metal stocks in Indian market surges on Thursday. Leading Indian aluminum producers, Hindalco, Nalco and Vedanta followed the big overnight rally in metal prices.

BSE’s India International Exchange (INX) and India International Clearing Corporation (ICC) have received ISO Certification by confirming to Information Security Management System standard.

Mrs. Bector’s Food Specialties plans a secondary sale IPO to raise Rs. 500 to 600 crores from the equity market.

Overall volumes in futures & options currently stand at 87.14 lakh contracts with a turnover of Rs. 7,91,941.99 crore.

Overall volumes in futures & options currently stand at 87.14 lakh contracts with a turnover of Rs. 7,91,941.99 crore.

Going ahead, the level of 10,480 would be seen as a crucial support and only a sustainable move below this level would lead to further correction up to the level of 10,410, whereas on the upside, immediate resistance is seen in the zone of 10,600-10,640. Stocks in the news: Lemon Tree Hotels, Jain Irrigation, Infibeam Corporation, Dynamatic Technologies, NMDC, Mercator, Sun Pharmaceuticals, Container Corporation, Magma Fincorp and ABG Shipyard.

Indian markets are expected to open in the green following positive leads from Asian peers. The markets will watch the results of TCS and IndusInd Bank. The SGX Nifty is pointing that Nifty may open 31 points higher at 10,585.    

Buying gold on ‘Akshaya Tritiya’ is considered as auspicious, does it also make financial sense, read on to know more.

It has been a roller coaster ride for investors in the last few months. The sharp downfall in the Indian as well as global equity indices have eaten up the returns of investors. With such volatility many investors have switched to large-cap funds and stocks to safeguard their investment

Virinchi Limited has signed a multi-product five-year contract with Advance America Inc for a period of five years. Advance America Inc is the largest company in the US in the alternate finance industry which delivers, maintains and hosts its flagship lending management software.

Uttam Galva has informed the exchanges that it has indeed made a preliminary one-time settlement offer to payback 100 per cent of its dues to all of its lenders. This is the company’s second out of court settlement offer after the banks refused to accept a steep haircut, when the company offered to payback only 51 per cent of its dues.

SKIL Infrastructure has increased paid-up equity share capital in Navi Mumbai Smart City Infrastructure (NMSCIL) and with this, NMSCIL is ceased to be a subsidiary of the company.

Following stocks are close to their 52-week low as at 1.00 p.m. on April 18, 2018.

The markets on April 18, 2018 opened gap down. BSE Sensex is trading at 34,468.09, up by 73.03 points and the Nifty is trading at 10,570.25, up by 21.55 points. 

Many of the mutual fund investors who have retired or are planning for a retirement usually seek the option of gaining a regular income from their investments to meet their day-to-day expenses.

The stressed asset problem in the banking system is getting momentum and has seen its first result today. Electrosteel Steels Ltd becomes the first of the 12 accounts to get resolved under NCLT proceedings

Overall volumes in futures & options currently stand at 66.34 lakh contracts with a turnover of Rs. 5,87,461.49 crore.

Overall volumes in futures & options currently stand at 66.34 lakh contracts with a turnover of Rs. 5,87,461.49 crore.

Going ahead, the level of 10,570, followed by 10,630, will continue to pose immediate resistance for the index, while on the downside, support is seen around 10,480, followed by 10,450. Stocks in the news: Vedanta, Lupin, Astrazeneca Pharma, Jagran Prakashan, Shalby, Future Consumer and Indian Hume Pipe.

Today, the start is likely to be in the green and the benchmarks may extend their upmove for the tenth straight session following strong close on Wall Street and positive cues from Asian peers. The SGX Nifty is pointing that Nifty may open 32 points higher at 10,586.50.    

The India International Exchange (India INX), India’s first international exchange based in the International Financial Services Centre (IFSC) at GIFT City, Gujarat has achieved a major milestone on April 16, 2018 when the daily trading turnover of its Derivatives segment crossed approx Rs. 3460 crore.

BSE, India's fastest bourses, announced that Issuers have successfully raised Rs. 6,900 crores on its BSE BOND platform as per the Revised Guidelines issued by SEBI.

With the increasing penetration and rising participation from small town investors the mutual fund SIPs have increased in the last fiscal. The data from AMFI shows that the retail investors are preferring SIP option for investing. 

Tata Communications and South Africa-based Dreamtime Technologies (DTTech) tie-up to help African mobile operators provide seamless mobile and IoT service across the African continent.

For the fifth consecutive year, the AUM of the Indian equity mutual funds increased in FY18.

Following stocks are close to their 52-week low as at 12.51 p.m. on April 17, 2018.

The markets on April 17, 2018 opened gap down. BSE Sensex is trading at 34,260.62, down by 44.81 points and the Nifty is trading at 10,508.35, down by 20 points. 

These recent order wins which is likely to be executed over next 15 months provides strong revenue growth for the company in the coming fiscal. Also, the company is involved in consumer products (fans, luminaires, lighting and appliances) business which would further lighten the growth of Bajaj Electricals.

Many investors use liquid funds as an option to park excess money for a short duration and to gain a decent yield. 

American retail major Walmart is in talks to acquire majority stakes in Indian e-commerce giant Flipkart. The proposed deal values Flipkart at US$18 billion to $20 billion. If the deal gets through it will heat up the competition in the Indian retail industry.

Overall volumes in futures & options currently stand at 59.59 lakh contracts with a turnover of Rs. 5,16,837.82 crore.

Overall volumes in futures & options currently stand at 59.59 lakh contracts with a turnover of Rs. 5,16,837.82 crore.

Going ahead, we expect the momentum to continue on the upside and Nifty may make an attempt to scale up to the levels of 10,580, followed by 10,640, whereas on the downside, supports are seen around the levels of 10,470 followed by 10,450. Stocks in the news: Bajaj Electricals, Adani Ports, Reliance Communication, Blue Star, Sobha, Sterlite Technologies, Omkar Speciality Chemicals, Goa Carbon and Fortis Healthcare.

Indian markets are likely to make a tepid start following subdued cues from Asian peers. The SGX Nifty is indicating that Nifty may open marginally lower at 10,539. 

Of the 13 IPOs that got listed on the exchanges in the calendar year 2018, only 5 are trading above their listing price.

The share price of automobile major Tata Motors declined on the bourses by over 4 per cent on Monday on the back of news reports suggesting that the company’s wholly-owned subsidiary Jaguar Land Rover would be laying-off a number of contractual employees.   

When the major indices were striving for fresh buying after the short covering at the end of last month, there were few stocks which can be called as defensives which continued upsurge even in cautious market conditions and hit their all-time high levels today.

Infosys opened with a gap-down of 6 per cent on Monday but its opening and low were the same and thereby it surged nearly 3 per cent on an intraday basis, attempting to cover the gap. Moreover, 1,098 acted as the 100-day EMA support for the stock.

BHEL will be performing the work of design, engineering, manufacture, supply, dismantling, erection, testing and commissioning of the ESPs to bring down the SPM emission within the stipulated levels.

Pharma major Cipla’s US subsidiary, InvaGen Pharmaceuticals Inc. recalled 11 lots of antidepressant bupropion hydrochloride ER tablets from the US markets on April 15. 

Closed-ended funds should ideally be generating better returns than open-ended funds as they enjoy certain benefits. Nevertheless, the return analysis shows a different picture.

Gas cylinder maker Everest Kanto has sold its entire holding in subsidiary EKC Industries (Tianjin) Company Limited.

Following stocks are close to their 52-week low as at 1.02 p.m. on April 16, 2018.

The markets on April 16, 2018 opened gap down. BSE Sensex is trading at 34,120.60, down by 72.05 points and the Nifty is trading at 10,468.70, up down 11.90 points.

Debt-laden textile company Alok Industries is on the way to liquidation has the company’s lender rejected the rescue offer put forth by Reliance and JM Financial ARC.

Bank’s net profit for the quarter increased by 21 per cent from the corresponding quarter of last year to Rs. 64.2 crore. 

Steel Strips Wheels Limited (SSWL) has secured another big export order for supply of Steel wheels to the EU Caravan market.

Although the benchmark indices are trading in red following a gap-down opening, Nifty Pharma index has been continuously surging and has gained more than 1 per cent and broke out of its consolidation and also breached its major resistance at 8,841 levels with justifiable volumes.

Overall volumes in futures & options currently stand at 66.02 lakh contracts with a turnover of Rs. 5,78,452.57 crore.

Overall volumes in futures & options currently stand at 66.02 lakh contracts with a turnover of Rs. 5,78,452.57 crore.

Going ahead, the level of 10,450 is an important support for the index, followed by 10,350. Stocks in the news: United Spirits, Reliance Industries, Bliss GVS Pharma, IL&FS Engineering and Dilip Buildcon.

Indian markets are expected open with a gap-down as a reaction to the US-led strikes on Syria carried out on late Friday evening. The strikes were a response to the alleged chemical attacks carried out by the Assad regime in Syria. The SGX Nifty is pointing that Nifty may open lower by 56 points at 10,447.  

If you are a salaried person and your employer has deducted excess tax from your salary by way of tax deducted at source (TDS) or if some of your tax saving investments have not been taken into account while computing TDS, you would be eligible for a refund of the excess tax paid by you.

A will enables smooth transfer of ownership of assets to your loved ones and helps avoid disputes among survivors and the legal hassles that arise from such disputes.

We all know that the Union government, state governments and local bodies draw up their own budgets every year. These budgets provide the estimated revenue and expenditure of the respective governments and local bodies for the next financial year.

Should you buy a house of your own or continue to stay on rent? This is the million rupee question that you might be facing every day. Any decision on this should take into account some important factors. Let’s look at what these factors are and how these will impact you.

In financial transactions, you need to consider various costs that impact your returns on investments. There are mainly two costs of money, namely, the time value of money and the opportunity cost of money. Let us understand what these mean.

For fiscal year 2018, Infosys’ revenues in dollar terms grew by 7.2 per cent which seems to be in line with company’s guidance of 6.5 to 7.5 per cent. Further, in constant currency terms, revenues increased by 5.8 per cent in line with guidance of 5.5 to 6.5 per cent.

The stocks that are likely to witness a significant movement on the bourses on April 16 are Dish TV India Limited, Mahindra & Mahindra Limited, Vipul Limited and IL&FS Engineering and Construction Company Limited.   

Reliance Jio and Sodexo, the leader in Employee Benefits announced on Thursday that the companies have entered into a partnership to foray deeper into India’s digital transformation.

A lot has been written on the importance of evaluating risk and returns of mutual fund investments. Read on to find the importance of investment horizon.

While the entire market was fighting volatility, IT sector managed to bounce back and maintain upsurge after falling for the first half an hour of the trading session on Friday. Nifty IT index gave a record closure at 13,260 levels after January 24 close of 13,250 levels.

Market regulator SEBI (Securities and Exchange Board of India) has tightened norms for the disclosure of the performance track record of the merged schemes. The move aims to standardize the performance disclosure of the schemes.

Premier Explosives (PEL) and the French defence company Nexter have decided to tie-up for manufacturing Bi-Modular Charge Systems (BMCS) in order to respond to the needs of the Indian Ministry of Defense.

The shares of Reliance Industries surged by 0.7 per cent on Friday. The movement can be attributed to the acquisition of Artificial Intelligence (AI) based education platform Embibe.

Agriculture-related stocks witnessed a sharp rally on the bourses in Friday’s trade on the back of expectations that the sector will reap benefits from the government’s initiative to boost rural income.

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telecom sector took some breather at lower levels. Hopes for a favourable policy decisions in the upcoming New Telecom Policy 2018 may help the sector bounce back. Bharti Infratel gave a prolonged consolidation breakout and also a downward sloping multiple point trendline breakout at 346.50 levels.

Technical Analysis of 1 Stock (with 15 days horizon)

Ashok Leyland has bagged a critical order from the Ministry of Defence (MoD) for supplying High Mobility 10x10 vehicles i.e. HMV 10x10. The Indian Army plans to deploy these vehicles since a long time to carry Smerch Rockets.

Review on 2 stocks recommended in past.

Fundamental Analysis of 2 Stocks (with 180 days horizon).

Following stocks are close to their 52-week low as at 12.55 p.m. on April 13, 2018.

The markets on April 13, 2018 opened up. BSE Sensex is trading at 34,284.90, up by 183.77 points and the Nifty is trading at 10,504.55, up by 45.90 points. 

GMR Group will invest Rs. 1,000 crore in developing the planned aerospace and defence manufacturing hub at Special Investment Region, in Hosur, which is situated in Tamil Nadu's Krishnagiri district.

In the Union Budget 2018, Government of India reintroduced the Long term capital gain (LTCG) tax on the equity investments. From April 1, 2018, investors need to pay 10 per cent of LTCG on transfer of equity mutual funds having exposure of 65 per cent or more in equity or equity-related instruments.

China’s trade surplus with the United States rose 19.4 per cent YoY in the first quarter to US$58.25 billion, showed data released by China’s custom department. China’s exports to the US rose 14.8 per cent YoY, while imports grew 8.9 per cent YoY.

The country’s biggest player in IT sector, Tata Consultancy Services (TCS) regains its crown as the most valued firm in India with Rs. 6 lakh crores market capital overtaking Reliance Industries, on Thursday.

Indian markets are trading on the positive side despite rising volatility across the global markets. Across the globe, markets are held back due to host of reasons ranging from trade war fears, Middle East crisis and rise in oil prices.

Overall volumes in futures & options currently stand at 1.42 crore contracts with a turnover of Rs. 13,58,258.11 crore.

Overall volumes in futures & options currently stand at 1.42 crore contracts with a turnover of Rs. 13,58,258.11 crore.

The company has also received a rescue offer from two prominent business families of India, the Munjals and Burmans.

Going ahead, immediate resistance is seen in the zone of 10,480-10,500. On the downside, support is seen around 10,410, followed by 10,350. Stocks in the news: NBCC, Infosys, Dabur, HCL Technologies, Texmaco Rail and Engineering and Mahindra and Mahindra.

Today, the markets are likely to make a positive opening after the US markets gained in overnight trade. Traders will now look forward to the IT major Infosys, which will declare its March quarter results today. 

Orissa Minerals Development Company shot up by 19 per cent in Thursday’s intraday trade as the company received six iron and manganese ore mines on lease from the state government of Odisha.

Bustling with the diversity of breathtaking landscapes and traversing from the mighty Himalayas, the tourist trails in India lead from the oceanic havens of western coasts and the southern backwaters to the historical cities of Rajasthan. From the unabashed celebration of love in Khajuraho to the intensity of ancient faith in Varanasi, the trails meander into other places of vibrant colours and rich cultural heritage. India 's tourism industry and hospitality sector contributes over 9.6 per cent to the country's GDP, generating revenues worth Rs.14.1 trillion in 2016 and making India the seventh largest tourism economy in the world.

Mahindra Defence Systems and Bharat Electronics Limited (BEL) joined hands to harness the emerging opportunities in the Indian Defence sector. The two companies signed a MoU at the ongoing Defence Expo 2018 in Chennai.

Biocon and its partner Mylan ink an in-licensing agreement with Fujifilm Kyowa Kirin Biologics (FKB) to expedite commercialization of Adalimumab biosimilar.

Automobile giant Tata Motors announced its global wholesale figures for March 2018 on Wednesday, sending its share price up by over 2 per cent in early trade on Thursday. 

Our journey over the last 32 years,–which started off with the humble beginning of a 12-page cyclostyled stapled booklet, has been nothing less than eventful. We saw the stockmarketevolve in front of us and we take pride in having played a role in the journey of financial growth of our country. 

Following stocks are close to their 52-week low as at 1.09 p.m. on April 12, 2018.

One of the cardinal principles of investing is “Buy Low and Sell High”. This helps investor to generate better returns. This is equally applicable for mutual fund investor who is always looking out for an opportunity to earn more. Nevertheless, one of the greatest impediments to following such a principle is volatility in the market. 

Strides Shasun’s wholly-owned subsidiary Strides Pharma Global Pte. Ltd. has received approval for Cyproheptadine Hydrochloride Tablets from the United States Food & Drug Administration (USFDA), keeping its ANDA approval momentum intact.

The markets on April 12, 2018 opened up. BSE Sensex is trading at 34,034.90, up by 94.46 points and the Nifty is trading at 10,431.75, up by 14.60 points.

Financial planning has picked-up pace in the past few years and even people from middle-class families in Tier-2 and Tier-3 cities have realized the importance of investment and financial planning. However, most financial planning in these small towns and cities are done based on suggestions from friends and relatives and less through a proper financial planning process. Moreover, these people fail to realize that proper financial planning is incomplete without retirement planning. 

This is an open-ended equity fund, which invests majorly in equity and equity related securities of companies engaged in banking and financial services sector.

The promoter group companies of Dish TV have made a public offer to buy an extra 26 per cent equity stake from the public shareholders of the company for about Rs. 3,701 crore.

Change is painful, but if you do not change, it could prove disastrous, if not fatal. The current tectonic shift happening in mutual fund industry is similar in nature and is going to be discomforting for many of us, including fund houses and investors.