In the event of any consolidation or correction, immediate support is placed at 10,277, which is 61.8 per cent retracement of recent downmove, and the next support is placed at 10,200. Stocks in the news: Future Lifestyle Fashions, HCL Technologies, Indigo, Kridhan Infra, Reliance Communication, Ballarpur Industries and GM Breweries.

Today, the markets are likely to make a soft start after reports that US President Donald Trump indicated that more tariffs against China could be on the cards. The SGX Nifty is pointing that Nifty may open with marginally loss of 10 points at 10,346.  

The share price of ITI gained by 4.5 per cent in intraday on Thursday as it managed to immerge as the lowest bidder in the MAHANET tender of Maharashtra.

Listed multiplex majors PVR and INOX Leisure may see a dip in their F&B revenues, if the government caps rates of food items sold in their premises. Read on...

In a significant development, National Highways Authority of India established its Rs. 250 billion medium term note (MTN) programme on India INX’s Global Securities Market.

The stock of Ashoka Buildcon was buzzing on Thursday as the company managed to emerge as the lowest bidder for two project worth Rs. 759.84 crores in Uttar Pradesh.

The Reserve Bank of India in its first bi-monthly policy meet for FY2018-19 has left the policy repo rates unchanged at 6 per cent.

State-owned Bharat Heavy Electricals surged by around 3 per cent on the bourses on Thursday as the company commissioned a 330 MW Kishanganga Hydro-Electric project (HEP) in Jammu & Kashmir.

Indoco Remedies witnessed a rise of 4 per cent in its share price during the morning hour. The company announced that its Patalganga unit has received accreditation from the Japanese drug regulatory authority.

Following stocks are close to their 52-week low as at 12.44 p.m. on April 5, 2018.

The markets on April 5, 2018 opened gap up. BSE Sensex is trading at 33,467.70, up by 448.63 points and the Nifty is trading at 10,277.25, up by 148.85 points. 

Leading plastic manufacturer Supreme Industries inks joint venture deal with Kumi Kasei Company Limited.

Many times investors use the past returns record of a scheme to arrive at an investment decision. These past returns play a key role in determining the efficiency of the scheme and the fund manager.

Overall volumes in futures & options currently stand at 1 crore contracts with a turnover of Rs. 8,95,607.32 crore.

Overall volumes in futures & options currently stand at 1 crore contracts with a turnover of Rs. 8,95,607.32 crore.

Going ahead, the low of last Wednesday’s session, which is placed at 10096, would be seen as a crucial support. The next major hurdle is placed in the region of 10,250-10,280. Stocks in the news: Max Financial Services, Adani Enterprises, Natco Pharma, BHEL, Smartlink Network Systems, BEPL and Kansai Nerolac Paints.

Today, the markets are expected to open with a gap on the higher side amid firm global cues. Traders will remain watchful ahead of the RBI’s policy review meeting. The RBI is widely expected to keep its key rates on hold. The SGX Nifty is pointing that Nifty may open with gains of around 167 points at 10,297.  

The stocks that are likely to witness significant movement on the bourses on April 5, 2018 are Adani Enterprises Limited, NATCO Limited, JSW Steel Limited, Bhansali Engineering Polymers Limited and Nava Bharat Ventures Limited.  

The fear of trade war between the two largest economies has grappled markets across the globe. In a retaliatory measure China imposed tariff on 106 products ranging from soya to cars and aircraft. This was in response to Trump administration's proposed hike in import tariffs on hi-tech goods originating from China announced on Tuesday.

On Wednesday, Bank Nifty attempted to breach its major resistance at 24,500 levels but could not sustain and shed points covering almost two days winning streak. Going forward, we hold 25,000-25,150 as the resistances in case 24,700 is crossed. On the downside, 24,000 followed by 23,600 will act as supports.

ICICI Securities offers a wide range of financial products including investment banking, institutional broking, retail broking, private wealth management and financial product distribution. The company is the largest equity broker in India since fiscal 2014 by brokerage revenue. 

International funds allows investors to invest in to the equity or equity-related securities of foreign market.

IT major Zensar Technologies has bagged a multi-year, multi-million dollar contract from the City of San Diego, US.

Hyderabad based Lex Nimble Solutions Limited became the 238th company to get listed on the BSE SME Platform on Wednesday. The company had launched its initial public offering of 11,12,000 equity shares of Rs. 10 each for cash at a price of Rs. 57 per share.

These orders are for construction of proposed residential rehabilitation and sale of tower amounting to Rs. 145.50 crore and for construction of mixed use development project amounting to Rs. 220 crore.

Following stocks are close to their 52-week low as at 12.31 p.m. on April 4, 2018.

The markets on April 4, 2018 opened down. BSE Sensex is trading at 33,422.44, up by 51.81 points and the Nifty is trading at 10,250.15, up by 5.15 points. 

Aviation heavyweight Jet Airways surged by 3 per cent on the bourses on Wednesday as the company announced that it has signed a pact with Boeing to buy 75 B737 Max aircraft.

Automobile major Tata Motors witnessed a sharp rise of about 6 per cent on the bourses on Wednesday as its wholly-owned subsidiary Jaguar Land Rover (JLR) reported of a jump of 83 per cent in sales for the last fiscal year.

The equity shares of Midhani or Mishra Dhatu Nigam Limited listed on the stock exchange under B category on Wednesday.

Overall volumes in futures & options currently stand at 50.71 lakh contracts with a turnover of Rs. 4,33,298.30 crore.

Overall volumes in futures & options currently stand at 50.71 lakh contracts with a turnover of Rs. 4,33,298.30 crore.

In the coming trading session, the 200-day SMA placed around the level of 10,183 would be a key support level for the index. On the higher side, immediate resistance is placed at the level of 10,278, which is 61.80% retracement level of recent downmove, followed by 10,310. Stocks in the news: Infibeam Incorporation, Akzo Nobel, Zensar Technologies, Au Small Finance Bank, IDBI Bank and Lupin.

Today, the start of the session is likely to be slightly in the green as cues from Asian peers are mixed. Traders will remain cautious ahead of the two-day meeting of the Monetary Policy Committee (MPC) which will begin today and conclude on April 5. There is consensus on the status quo being maintained on repo rates, but the markets will be interested in RBI commentary and its plan of action to address the rising bond yields. The SGX Nifty is pointing that Nifty may open around 10,278.  

The stocks that are likely to witness significant movement on the bourses on Wednesday, April 4, 2018 are Hinduja Global Solutions Limited, KDDL Limited, AU Small Finance Bank Limited and Zensar Technologies Limited.     

Cement stocks were buzzing during Tuesday's trade on the back of news report of cement price hike.

Tata Communications surged by 3 per cent on the bourses in the intraday trade on Tuesday as the company announced its partnership with Mahanagar Gas in order to deploy 5,000 smart gas meters in Mumbai.

Following stocks are close to their 52-week low as at 12.48 p.m. on April 3, 2018.

The markets on April 3, 2018 opened down. BSE Sensex is trading at 33,232.61, down by 22.75 points and the Nifty is trading at 10,204.10, down by 7.70 points.

Construction company JMC Projects surged by over 6 per cent on the bourses on Tuesday as it bagged orders worth Rs. 942 crore from the National Highways Authority of India (NHAI).

Motherson Sumi Systems group company inks deal to acquire global auto component firm Reydel Automotive Group from Cerberus Capital Management.

Overall volumes in futures & options currently stand at 45.12 lakh contracts with a turnover of Rs. 3,79,096.81 crore.

Overall volumes in futures & options currently stand at 45.12 lakh contracts with a turnover of Rs. 3,79,096.81 crore.

We expect a gap-down start to the trade owing to negative cues from global markets. Nifty has strong support zone placed in the region 10,075-10,097. Stocks in the news: Escorts, Motherson Sumi Systems, Akzo Nobel, JSW Steel, Neuland Laboratories, Bharat Electronics, Galaxy Surfactants and Fortis Healthcare.

Today, the start of the session is likely to be on the lower side as cues from the global peers are negative. The SGX Nifty is pointing that Nifty may open around 10,196.  

The stock of Can Fin Homes was battered on Monday following news reports that parent Canara Bank has stalled its divestment plan.

Auto majors reported quite impressive sales numbers for March 2018 and FY18. Cheering these sales numbers, Nifty Auto touched a high of 11,010.30, almost up by 2 per cent.

Yasho Industries Limited became the 236th company to get listed on the BSE SME Platform, on Monday.

Following stocks are close to their 52-week low as at 1.03 p.m. on April 2, 2018.

The markets on April 2, 2018 opened up. BSE Sensex is trading at 33,128.05, up by 159.37 points and the Nifty is trading at 10,171.15, up by 57.45 points.

Flex Films, the global film manufacturing unit of Uflex has developed a novel bi-axially oriented Polyethylene Terephthalate (BOPET) film at its manufacturing plant in USA.

The Canadian regulator revised establishment licence for Lupin's Indore plant in Pithampur, Unit-2.

Overall volumes in futures & options currently stand at 1.73 crore contracts with a turnover of Rs. 14,45,042.93 crore.

Overall volumes in futures & options currently stand at 1.73 crore contracts with a turnover of Rs. 14,45,042.93 crore.

The trading may be a little choppy after a string of bank holidays in India and Easter Monday holiday in the UK, Australia and most parts of the Europe.

The  200-day SMA, which stands at 10,178, is likely to act as an immediate resistance zone and it would be crucial to see if Nifty manages to sustain above its 200-day SMA. On the downside, crucial support is placed around the level of 10,040, followed by 9950.   

Most of the senior citizens above the age of 60 years are prone to suffer from health issues.  Worse still, the higher the age group beyond 60, the more the likelihood of health issues. Hence, it is absolutely necessary to insure senior citizens with health insurance that provides them adequate protection from all kinds of diseases and ailments that go with old age.

In case there are more than one house properties for self-use, you will have to choose one property for self-use and offer other properties for taxation. 

A SEBI committee has recommended to that the excess charges collected by mutual fund houses be credited back to the respective schemes.

The stock markets have been undergoing correction over the last few weeks and a gloom appears to have engulfed investors and traders. This is in sharp contrast to the buoyant mood one witnessed when the markets were scaling new peaks to record all-time highs. 

Investors who expect rate of interest that is higher than that of banks on their fixed deposits can invest in fixed deposit schemes of various companies.

Hinduja Global Solutions (HGS) has acquired majority stake in digital consulting services company Element Solutions. The company’s UK subsidiary acquired 57 per cent stake in the company for an amount of $5 million. 

Imitating investment of a good fund or a star investor seems to be a good investment strategy, however, it should be followed with proper caution.

Post PNB scam, the banking sector has witnessed many consequences impacting the credit flow in the Indian economy. The ministry of Finance received many representations on easing the grip on banks and providing alternatives to LoUs.The PNB scam of Rs. 13,000 crore has forced RBI to tighten the grip on PSU banks and directed to identify similar instances. Further, the banks were also directed not to issue LoU’s and guarantees.

The pharma sector funds have been bleeding for a while now. The category has registered negative return of -6.97 per cent in the last one year and -4.08 per cent in the last one month. Many investors are worried about their returns from the pharma funds and also have doubts about the future of these investments.

Raising objections to a NTPC subsidiary signing a power supply agreement with Bangladesh Power Development Board (BPDB), the Association of Power Producers said that the proposed sale will be a violation of government's policy and also be detrimental to Indian consumers.

Ashiana Housing Limited has entered into an agreement with International Finance Corporation (IFC) which is a part of World Bank Group to co-invest in upcoming affordable and middle-income residential projects which will include senior-living projects.

Tech Mahindra, which forms 12.15 per cent weightage in the Nifty IT index is currently trailing at its multi-year highs. Since July 2017, the stock has seen nearly an uninterrupted rise of almost 74 per cent up to its current 52-week high. Recently, the stock has been trading in a multiple resistance range of 627-635.

State-run IDBI Bank, which is in full media glare following the news of Rs. 772 crore fishery loan scam has finalised a deal to sell its office in BKC, Mumbai.

Nestle India, majorly known for its Maggi noodles, is trailing at its all-time high level, in an otherwise weak market. With trendline breakout, significant volumes and 14-period RSI trendline breakout at 60 we see momentum to continue in the near to medium term. With this, we may see 800-1,000 points upside in the stock.

Rupee is seen depreciating amid protectionist policies of US President Donald Trump, followed by the trade war cues and FED rate hikes on the global front and deteriorating condition of PSU Banks and deficits on the domestic front. 65.25 and 65.31 to act as resistances and 64.72-64.62 to act as supports for USD/INR.

Mutual fund investors who are more concerned about regular income usually choose the dividend option. In the dividend option, investors receive returns in a periodic manner. The dividends are the distribution of the gains and profits made by the schemes. 

Apex bank RBI levied a penalty of Rs. 58.9 crore on the country’s biggest private bank, ICICI Bank for non-compliance in concern with the directions issued by RBI regarding the direct sale of securities in the held-to-maturity portfolio. 

Punjab National Bank (PNB), the Delhi-based second-biggest public sector lender's fraud relating to LoUs (Letters of Undertaking); and followed by it, the closure of Nirav Modi's and Mehul Choksi's jewellery businesses as a consequence to fraud-related actions by investigative agencies, is likely to result in cumulative impact on the Indian banking industry to the tune of more than $3 billion.

In this article, we focus on a simple technique of identifying shares which have potential to generate abnormal returns. We will use a combination of two ratios which are very simple and commonly used. 

BHEL has forayed into lake purification under the Smart City programme with an order from Raipur Smart City Limited (RSCL). This initiative is a part of its diversification strategy through continuous focus on water business.

The South-based Karnataka Bank has reported a fraud amounting to Rs. 86.47 crore in loans extended to Gitanjali Gems, headed by Mehul Choksi. 

The financial year ending March 2018 is clearly year of two halves. Find out the funds that performed the best in FY18.

The stocks that are likely to record significant movement on the bourses on Monday, April 2, 2018 are Rama Steel Tubes Limited, MEP Infrastructure Developers Limited, GSPL, Neuland Laboratories Limited  and Cadila Healthcare Limited .   

Leading environment management company, Ion Exchange commissioned the country's first ANDICOS waste to energy production system in Hyderabad, Telengana.

Buzzing with IPOs, so far FY18 has witnessed the listing of 43 companies to raise an aggregate sum of Rs. 805 billion. The funds raised from initial public offerings have recorded a tremendous increase over the years, as compared to Rs. 413 billion raised by 84 companies in FY08.

Taking a decisive step in its attempt to privatise the debt-ridden national carrier, Air India, the government on Wednesday invited expressions of interest from bidder seeking to acquire controlling stake in the entity.

Infrastructure major MEP Infrastructure Developers announced on Wednesday that it has bagged orders worth Rs. 2,922.83 crore in Maharashtra through a joint venture with Long Jian Road & Bridge Company.

Oriental Bank which is one of the lead lender with half of the loan exposure has filed a complaint against Lotus Auto Engineering with NCLT (National Company Law Tribunal),

During FY18, the benchmark index Sensex has gone through various jolts, but despite this, the Sensex has delivered a 14.3 per cent growth in the fiscal year 2018.

If the public sector banks are facing scrutiny for loans sanctioned on back of pressures from the government or influential politicians, the private banks are now under the scanner for vested interests and other such possible favoritism in granting of unworthy loans to defaulting borrowers.

Indian equity markets in 2018 have underperformed their emerging market peers on a YTD basis and that has led to pessimists in the markets to believe that maybe 2018 is the year where we will see a flattish to negative index (benchmark) returns. The mid-caps and small-caps have taken a beating in 2018 and these darlings of retail investors have underperformed the large-caps so far.

India is relatively smaller market for the diamond-studded jewellery with about 7 per cent market share. However, it is a key market for gold jewellery, constituting about 27 per cent of the global gold jewellery market.

I want to know how to decide the residential status of an individual under the Income Tax Act and its implications?

The stock market has been having a rough time over the last couple of months. The Sensex and Nifty are down around 10 percent from their peaks. In fact, the correction in mid-cap and small-cap stocks has been much deeper.

Markets have been vulnerable to the US President Donald Trump's abrupt actions. Trump's controversial proclamations continue; this time it was the signing of the memorandum targeting imports from China.

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 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 most interesting aspect of the markets in the past couple of weeks has been that the FIIs and DIIs have been net buyers in the markets, even as the prices have been falling steadily. The FIIs were net buyers to the tune of Rs 8071.17 crore, while DIIs have been net buyers to the tune of Rs 2432.55 crore. 

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.