Nifty Pharma index plunged 1.4 per cent, though it still outperformed the benchmark indices which fell more than 1.5 per cent. Nifty Pharma index too plunged 1.4 per cent, though it still outperformed the benchmark indices which fell more than 1.5 per cent. Going forward, 8,500-8,470 will act as major supports, followed by 8,315.

As per the norms stated by TRAI, no operators should present segregated or segmented offers to its subscribers to retain them without displaying the tariffs on the company's website. 

The share price of Steel Strips Wheels surged by over 3 per cent in the intraday trade on Friday as the company won export orders for supply of steel wheels for EU Caravan market. 

Gravita India soared over 6 per cent intraday on Friday after the company announced that it has bagged a Rs. 300 crore order from a Singapore firm. 

In the past one year, the category of energy funds have given on an average returns of 22.96 per cent. We analysed the energy funds and their respective portfolio as on February 2018 

Making its debut on the stock exchange on Friday, Inflame Appliances Limited became the 231 ^st  company to get listed on the BSE SME platform. 

Exiting or switching a mutual fund scheme is a critical aspect of investing in mutual funds. Many a times investors switch or sell the mutual fund units with just one reason to book profits.

Stock brokerage company ICICI Securities, a subsidiary of ICICI Bank is set to launch its initial public offer to raise funds worth Rs. 40 billion. The public issue which will open on March 22 and close on March 26 and have a price band at Rs. 519 to Rs. 520 per equity share.

Indian stock markets have been trailing with negative sentiments on Friday, oil marketing stocks being the catalyst for the fall. IOC, BPCL and Hindpetro dragged Nifty Energy Index and Nifty 50 down. Moody's raised Crude Oil price forecasts.

Following stocks are close to their 52-week low as at 12.27 p.m. on March 16, 2018.

The markets on March 16, 2018 opened down. BSE Sensex is trading at 33,414.14, down by 271.40 points and the Nifty is trading at 10,275.95, down by 84.20 points.

Overall volumes in futures & options currently stand at 1.40 crore contracts with a turnover of Rs. 13,35,191.83 crore.

Overall volumes in futures & options currently stand at 1.40 crore contracts with a turnover of Rs. 13,35,191.83 crore.

Edelweiss had signed an agreement to acquire Religare’s securities business in December 2017 which was subject to regulatory clearance.

Going ahead, immediate support for the Nifty is seen around the 10,330-mark and violation of this support would lead to accelerated downward move towards the level of 10,300, followed by 10,270. Stocks in the news: Dilip Buildcon, HDFC, HDFC Bank, Adani Transmission, Wipro, Gravita, Purvankara and Bharat Financial Inclusion.

Today, the start for the Indian markets is likely to remain weak on negative global cues and on lingering concerns of the proposed no-confidence motion against the government. The SGX Nifty is indicating that the Nifty could open with modest loss of 35 points around 10,327 at the opening bell. 

Stocks that are likely to record significant movement on the bourses on Friday, March 16, 2018 are Puravankara Limited, Bharat Financial Inclusion Limited, Adani Transmission Limited, Zensar Technologies Limited, IDFC Bank Limited and Karur Vysya Bank Limited.      

The World Bank forecasted Indian economic growth to accelerate to 7.3 per cent in 2018-19 and to further speed up to 7.5 per cent in 2019-20.

The IPO of Sandhar Technologies Limited will remain open for subscription from March 19-21, 2018. The issue comprises of fresh issue of equity shares of Rs. 10 aggregating up to Rs. 300 crore and Offer for sale of up to 64,00,000 equity shares.The issue price is in the range of Rs. 327-332 per equity share having a face value of Rs. 10 each. The minimum lot size consists of 45 shares.

PSB Central Bank of India spiked up more than 15 per cent as 0.8 per cent equity of the bank was traded in two block deals.

These words point to the fact that the innate way in which stocks are evaluated does not change, while the era and technologies keep changing. So, the way in which DSIJ evaluates stocks has not changed, while the operational environment, government policies and macro-economic factors keep changing. 

The aftermath of PNB scam has created various shifts in banking system and regulators have tightened the grip on banks across the board. In a new resolution shared by RBI, it has banned banks for issuance of LoU (Letter of Undertaking) for availing buyers credit.

MMTC Limited on Wednesday intimated the exchanges that the company will consider and approve the proposal for issue of Bonus Shares in its meeting scheduled to be held on March 19, 2018.

The share of tiles manufacturing company Asian Granito surged by over 5 per cent on the bourses in Thursday’s trade as the company announced that it has entered a joint venture with a local partner.

PNB has detected another fraud of Rs. 9 crore at the branch which is involved in the approx. Rs. 13,600 crore Nirav Modi scam.

Himadri Speciality Chemical zoomed past 4 per cent in the morning trade on Thursday on the back of company’s plan to invest Rs. 1,000 crore to setup a greenfield plant in West Bengal.

Electric equipment major Havells India signed an agreement with South Korea-headquartered Hyundai Electric & Energy Systems to manufacture magnetic contactors on Wednesday.

The year 2017 saw several wealth creators, with the realty sector surprising investors with its superlative performance. Yogesh Supekar analyses sector-wise wealth creation in the past one year, while Tanay Loya finds out the market outlook for 2018 from the experts

Following stocks are close to their 52-week low as at 1.07 p.m. on March 15, 2018.

The markets on March 15, 2018 opened down. BSE Sensex is trading at 33,793.22, down by 42.52 points and the Nifty is trading at 10,396.65, down by 14.25 points.

Small-scale manufacturing, the backbone of Indian manufacturing sector, has been rightly identified as the source of employment generation and a nurturing ground for entrepreneurship and innovation. The SME sector is a significant contributor to the country’s GDP. The sector, making up about 95 per cent of the total industrial units in the country, employs over 106 million people and contributes over 45 per cent of the total Indian industrial output and 40 per cent of the total exports of India. 

Debt funds can play an important role in the portfolios of investors looking to earn higher returns than traditional options like fixed deposits and small savings schemes. There are variety of debt funds that allow investors to invest according to their varied time horizons. These are liquid, ultra-short term, short-term debt funds following different strategies like duration and accrual as well as dynamic funds.

Eris Life-sciences is an Ahmedabad-based branded generic selling pharma company. The company came out with its Rs1741 crore IPO in June last year, which was one of the largest ever witnessed in the pharmaceutical space and was subscribed 3.29 times.

The economic posturing by the US President Donald Trump has left the markets in doldrums. The protectionist policies proposed by Trump, specifically in metal and auto industries, followed by tough trade calls, spread pessimism across the globe. Markets took a breather in-between, assuaged by better-than-expected US jobs data. Moreover, the slower than expected rise in consumer prices, i.e., muted inflation, too brought in short covering in the markets. However, markets remained cautious ahead of retail sales data in the US. 

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 went into a tailspin after Trump announced introduction of tariffs on imports of steel and aluminium in the US. In India, the most affected stocks were naturally the metal stocks. The fear of trade war triggered panic selling in the global markets. The global markets recovered sharply after the US markets gained owing to positive employment data for the US economy. 

The initial public offer (IPO) comprises an offer for sale by the promoter selling shareholder of up to 77,249,508 equity shares of face value Rs. 5 each.

The Finance Bill 2018 has proposed certain amendments with regard to the scheme of taxing Long Term Capital Gain (LTCG) arising on transfer of listed equity shares and units of mutual funds. Under the existing tax regime, LTCG arising from transfer of long term capital asset on which STT is paid is exempt from the income tax u/s 10(38) of the Income Tax Act. However, the present tax exemption was misused and abused as a tool of tax evasion.

While writing to you for this edition, I quietly realised it is our 32nd Anniversary. After feeling nostalgic for a while, I realised how long and fruitful the journey has been. I must tell you that there has been nothing more exciting in my life than communicating to you the wealth creating ideas for 32 continuous years.

Overall volumes in futures & options currently stand at 89.24 lakh contracts with a turnover of Rs. 8,00,356.04 crore.

Overall volumes in futures & options currently stand at 89.24 lakh contracts with a turnover of Rs. 8,00,356.04 crore.

Going ahead, Nifty is likely to see support around the level of 10,360, followed by 10,300. On the upside, the level of 10,450 is a crucial resistance zone. Stocks in the news: Havells, Asian Granito, Wipro, Bharti Airtel, Majesco, TVS Motor, Himadri Speciality Chemical and Welspun Enterprises.

Indian equity benchmarks are likely to start the session on negative note on back of weak global cues. However, traders will get some support from the report of World Bank which has projected India’s GDP to grow at 7.3% in FY19, driven by private consumption, investment and exports. The SGX Nifty is indicating that the Nifty could open with a marginal loss of 27 points around 10,403 at the opening bell.  

The stocks that are likely to witness significant movement on the bourses on March 15, Thursday are Wipro Limited, Havells India Limited, Balrampur Chini Mills Limited, Dish TV India Limited and Asian Granito India Limited.  

Strides Shasun Limited’s subsidiary Strides Pharma Global has got an approval for Efavirenz Tablets USP, 600 mg from the US drug regulator.

Following the call for about 9 crore pledged shares in the previous month, banking major Yes Bank acquired 17.31 per cent stake in health care company Fortis Healthcare on Wednesday.  

The public issue of Karda construction Limited, a Nashik-based real estate developer, will open on 16-03-2018 and closes on 21-03-2018.  The minimum market lot of the issue is 80 shares for the price range of Rs. 175-Rs. 180 per share with face value of Rs. 10 per share. The company will be listed on BSE and NSE both. The issue comprises of public issue of 43,00,000 shares out of which 23,00,000 will be fresh issue and 20,00,000 shares will be offer for sale by the promoters. The promoter holding in the company will come down to 45.5 per cent post issue versus 76 per cent pre issue

Hyderabad-based steel PSU, Mishra Dhatu Nigam or MIDHANI is set to open its Rs. 438.4 crore initial public offer for subscription next week. 

The IPO which open on Wednesday is offered at the price band of Rs. 413-428 per share, which is 10.3 to 10.7 times P/E for the company’s FY2017 earnings.

Sector rotation can be a big differentiator in your portfolio’s return. Read on to find which sectors are leaders and which of them are laggards in terms of performance in the different period.  

IT company Vakrangee shot up in the stock market on Wednesday after the company announced the launch of its travel and visa assistance services at three of its outlets at Andheri, Bandra and Worli in Mumbai. 

Following stocks are close to their 52-week low as at 12.42 p.m. on March 14, 2018.

The markets on March 14, 2018 opened up. BSE Sensex is trading at 33,607.39, down by 249.39 points and the Nifty is trading at 10,344.80, down by 82.05 points.

Despite volatile market conditions, one more company is set to hit primary market on March 16, 2018. This time it is government-owned Navratna title conferred entity Hindustan Aeronautics Limited (HAL).

Leading construction company, IRB Infrastructure Developers (IRB), has won two projects under Hybrid Annuity Model in Tamil Nadu. This is also the first project for the company under Hybrid Annuity space.

Dynamic bond funds have always been the choice of investors in a falling interest rate scenario. However, the recent spike in bond yields turned the returns of these funds into red. In the last three months, these funds have given very poor returns.

Overall volumes in futures & options currently stand at 1.01 crore contracts with a turnover of Rs. 8,95,731.16 crore.

Overall volumes in futures & options currently stand at 1.01 crore contracts with a turnover of Rs. 8,95,731.16 crore.

Watch out for Bharti Airtel, Fortis Healthcare, IndusInd, Balarampur Chini

Previous day’s retreat in the second half of the session suggests that Indian markets may remain under pressure in today’s early session of trade. Further, weakness among global bourses would also drive the Indian markets down. SGX Nifty too is trailing down 0.4 per cent at 10387 at 7:17 hours IST. 

Adding to the company's fleet of innovation, packaging major Uflex launched its first in-house manufactured Gearless CI Flexo printing machines on Tuesday. Following the development, the share price of Uflex surged by nearly 7 per cent on BSE in the intraday trade on Tuesday. 

Pharma major, Lupin launched Tydemy Tablets (Drospirenone, Ethinyl Estradiol, Levomefolate Calcium and Levomefolate Calcium in the US market.

Following stocks are close to their 52-week low as at 12.45 p.m. on March 13, 2018.

The markets on March 13, 2018 opened up. BSE Sensex is trading at 33,999.15, up by 81.21 points and the Nifty is trading at 10,455.50, up by 34.10 points.

Indexation in short may help you to reduce your tax burden on capital gain.

The stock of InterGlobe Aviation was seen under pressure on Tuesday following news that the airline regulatory has asked the company to ground its A320neo fleet of aircraft.

AMFI data also shows that SIPs have been gaining traction and popularity among the investors. For the year 2017-18, on an aggregate level the mutual fund industry had added around 9.26 lakh SIP accounts per month, with an average SIP size of Rs. 3,300 nearly for each SIP account. 

Overall volumes in futures & options currently stand at 65.48 lakh contracts with a turnover of Rs. 5,50,661.47 crore.

Overall volumes in futures & options currently stand at 65.48 lakh contracts with a turnover of Rs. 5,50,661.47 crore.

Watch out for Tata Steel, TCS, Videocon, Vedanta, SBI, Yes Bank, Fortis, Adani.

Today, the Indian markets are likely to open on a positive note tracking encouraging macroeconomic numbers released yesterday post market hours but may remain subdued on the back of mixed global cues. 

Hero Motocorp surged 3 per cent from its previous close and witnessed a trendline breakout at 3685 levels. Going forward, the stock may see a positive rally which would be confirmed once the stock breaks its major resistance at 3750-3753 levels on a closing basis.

India's aircraft maker Hindustan Aeronautics Limited (HAL) will list on the equity market through its Initial Public Offer (IPO) of Rs. 4,200 crore.

The off-road Roxor which marked M&M’s entry in the US automotive markets is priced at US$ 15,000. Notably, the company has received 3,000 advanced bookings for the Roxor and has signed up 230 dealers.

ITC, which holds 80 per cent market share in cigarettes buoyed after GST Council kept the cess on cigarettes unchanged. ITC has broken out of the trendline level on Monday with volume spurt and 14-period RSI positive crossover.

Following stocks are close to their 52-week low as at 12.28 p.m. on March 12, 2018.

Perpetual SIPs state to be the SIP’s with no tenure and end date. Most of the fund houses/ AMC’s  consider such SIPs to last till 2099 unless an investor gives a specific instruction to stop them. These SIPs aim at ensuring investment discipline and continuity.

The markets on March 12, 2018 opened gap up. BSE Sensex is trading at 33,601.93, up by 294.79 points and the Nifty is trading at 10,319.40, up by 92.55 points.

The Indian airline sector is buzzing with a series of new developments that have come up during the weekend.

Overall volumes in futures & options currently stand at 56.89 lakh contracts with a turnover of Rs. 4,81,492.44 crore.

Overall volumes in futures & options currently stand at 56.89 lakh contracts with a turnover of Rs. 4,81,492.44 crore.

The issue opens on March 15, 2018, and closes on March 19, 2018. The issue comprises of fresh issue and an offer for sale of 11.9 crore shares of the promoter company BFSL (Bandhan Financial Services Ltd) worth Rs 4473 crore. The price band fixed for the issue is Rs 370-Rs 375 per share with face value of Rs.10 per share. The minimum lot size of the issue is 40 shares and will be listed on the BSE and NSE

Watch out for Reliance Communications, Tata Motors, Bharti Airtel, Aarti Drugs, Avanti Feeds, Apex Frozen Foods, Waterbase.

Today, the Indian markets are likely to open on a positive and stable note followed by robust closure in the US markets amid strong jobs data. The SGX Nifty, which has surged 118 points at 10331.50 at 7.15 hours IST, is indicating that the Nifty is likely to have positive opening in the Indian markets.  

You must have heard the oft-repeated advice, “Timing the market is not important, time in the market is”. Well, let us admit that this holds true for long term investments and, therefore, it makes a forceful case for long term investments. But if timing the market is not important, then how does one make money in the short term?

Being in cash comes with an opportunity cost, which is the benefit foregone by the investor by holding cash. In other words, the opportunity cost is the indirect loss suffered by the investor by holding cash.

These averages come in handy to determine the likely movement of the stock, commodity or the index going forward and, accordingly, decide on the course of action to be taken.

Gone are the days when an investor had to fill up application form with his own hand and submit the completed form at the broker’s office to subscribe to an IPO. Today, sitting in the comfort of the house or office, an investor can subscribe to IPOs and NFOs or buy shares or mutual fund units in the secondary market at the click of a mouse or swipe of smartphone screen.

Market players are wary of various types of market risks that might result in a financial loss to them. The macro risks are the most significant ones that can impact the markets in a profound manner. So, what are these macro risks and how and why do they impact the markets? Let’s try to find out.

International Mutual funds, these funds allows investor to invest in the equity or equity-oriented securities linked to the foreign markets. Lets take a look how do they work and what are the risks involved?

Bajaj Finance, NBFC promoted by Bajaj Finserv, surged as much as 2.4 per cent and closed 1.6 per cent up, in otherwise negative market conditions. The stock emerged as the second top gainer in Nifty50, where only 4 stocks could make up to close with 1 per cent plus profits.

On the weekly time frame, the index took support at 50 per cent retracement of the prior upward rally and bounced back. However, the negative sentiments spread across are refraining the index to gain momentum. Thereby, the index has halted at the resistance level of 12900 levels since February 23.

The company won domestic digital transformation orders worth Rs. 365 crore from various organisation operating in different businesses.

The bank regulator Reserve Bank of India has imposed a fine of Rs. 10 lakhs on Equitas Small Finance Bank (SFB) as the company was selling mutual fund, pension and insurance products without taking approval from the regulator.

Indian major indices have turned indecisive  but Nifty Media is at the forefront of positive move with 1 per cent gains. Nifty Media Index has taken a major support at 3215-3220 levels which is its multiple resistance turned support level. 

Brushing aside rumours that Videocon chief Venugopal Dhoot has left the country, the company expresses confidence that it will be able to repay its lenders soon.

In the current volatile market, investors are diversifying their portfolios to safeguard their investment and avoid losses.