The market opened in green on November 10, 2020, overall volumes in futures & options currently stand at 2,17,05,944 contracts with a turnover of Rs. 16,80,248.61 crore.

The market opened in green on November 10, 2020, overall volumes in futures & options currently stand at 2,17,05,944 contracts with a turnover of Rs. 16,80,248.61 crore.

Tata Consultancy Services (TCS) and Deutsche Bank AG on Monday evening after the market hours announced an agreement, under which, TCS will acquire 100 per cent of the shares of Postbank Systems AG (PBS) from Deutsche Bank AG.

The upside target for Nifty, based on the Fibonacci price extension, is around 12,854 in the near term. On the downside, Monday’s gap area (12,280-12,367) is likely to act as immediate support. Be with a bullish bias as long as Nifty maintains its rhythm of higher high and higher lows.

After a stellar rally on Monday, the markets are expected to build on gains today as the global markets traded higher, owing to vaccine development as well as US election clarity.

Dr Lal PathLabs announced its financial results for quarter ending September 2020 today. Non-COVID business was back to 98 per cent of last year levels in Q2FY21. Revenue increased in Q2FY21 by 18.2 per cent to Rs 431.9 crore from Rs 365 crore last year during the same quarter.

Cigniti Technologies, a global leader in independent quality engineering & software testing services, announced on Monday that it has now become a strategic quality engineering panel vendor for Toyota Motor Corporation Australia (TMCA). It would help accelerate its quality & digital transformation journey over the next 3 years.

The stock of Motherson Sumi Systems Limited has given a downward sloping trendline breakout, formed by connecting swing highs since August 2020. This breakout is confirmed by the above 50-day average volume.

 The demand in the metro cities remained muted during the quarter and has improved due to the festive season and pent-up demand. The revival in the automotive sector benefitted the business while infrastructure, oil & gas and power segments continued to see demand challenge.

Sensex closed Monday's session up by 704.37 points or 1.68 per cent from Friday’s close to end the session at 42,597.43 levels while Nifty was up by 197.50 points or 1.61 per cent at 12,461.05 levels.

Happiest Minds Technologies Ltd and AutonomIQ announced a partnership to accelerate the enterprise digital transformation journey using autonomous testing capabilities.

Alembic Pharmaceuticals Limited announced during the first half of the trading session (at around 10 am to be specific) that it has received tentative approval from United States Food & Drug Administration (USFDA) for its abbreviated new drug application (ANDA) Palbociclib capsules, 75 mg, 100 mg, and 125 mg. 

Blue Star Limited is experiencing a gradual increase in the inflow of orders for bundled services. Presently, this order is one of the largest and fast-track projects, which is being executed by Blue Star in the factories’ segment.

The mineable reserve block is 1,091 million metric tonnes, which is to be exploited for a period of 25 years at a peak rated capacity of 50 million tonnes per annum.

On the volumes’ front, the company reported the highest-ever quarterly sales volume in Q2FY21. Besides, it registered a significant jump of 60.71 per cent QoQ to 61,224 MT in Q2FY21 vs 38,096 in Q1FY21.

Biocon Ltd announced that the board of its subsidiary, Biocon Biologics Ltd has approved a capital injection of Rs 1,125 crore from Goldman Sachs on Saturday. Under the terms of the agreement, Goldman Sachs will be issued optionally convertible debentures at a post-money equity valuation of USD 3.94 billion.

The market opened in green on November 09, 2020.

The market opened in green on November 09, 2020, overall volumes in futures & options currently stand at 1,90,93,884 contracts with a turnover of Rs. 14,51,060.02 crore.

The market opened in green on November 09, 2020, overall volumes in futures & options currently stand at 1,90,93,884 contracts with a turnover of Rs. 14,51,060.02 crore.

Gland Pharma, a pharmaceutical company focussed on generic injectables, is hitting the primary capital market with its IPO today. Read on to find out if you should subscribe to the issue.

Adani Group announced a strategic collaboration with Italy-based Snam, Europe’s leading gas infrastructure company, on Friday.

On Monday, the bull’s buying spree is showing no signs of abating as the early trends in SGX Nifty suggest that Nifty may open around its all-time high as it is trading up by 1.30 per cent at 12,424.50 levels. Certainly with the festive season i.e. Diwali being around the corner, the bulls are beaming with joy & celebrating with fireworks.

So, all the factors like the flag measure move target, all-time high levels, and the move away from its 20-DMA are indicating that we might move a per cent or two from here on, and then, we may consolidate. Interestingly, after trading above the long-term moving average i.e. 200-DMA for 79 days, the long-term moving average finally turned up, which is a positive sign. Further, Nifty outperformed Dow as Dollar has weakened. 

Multi-cap investors heaved a sigh of relief after SEBI introduced the Flexi-cap category in mutual funds. Read on to find out more.

On Friday, PNC Infratech Limited announced that its joint venture with SPML Infra Limited has been declared as the L1 (lowest) bidder for rural water supply projects in 979 villages in the Devipatan division of Uttar Pradesh.

SEBI has raised the overseas investment limit per fund house. Read on to find out more.

On Friday, Sensex jumped by 552.90 points or 1.34 per cent to settle at 41,893.06 levels while Nifty gained by 143.25 points or 1.18 per cent to close at 12,263.55 levels.

Interestingly, the daily RSI has given a breakout of the downward sloping trendline and it is in a rising trajectory, which is a bullish sign. The daily and the weekly stochastic oscillator is suggesting some bullish strength as well since per cent K is above the per cent D.

Considering the daily timeframe, the stock of Marico Limited has given a downward sloping trendline breakout, formed by connecting swing highs since September 2020. This breakout is confirmed by the above 50-day average volume.

The MoU would help to create a market for pre-engineered steel buildings made from structural steel tubes, which is consistent with APL’s strategy to create new markets for structural steel tubes in India.  

Firstsource Solutions Limited today announced that it has partnered with Uniphore, the global leader in conversational service automation to utilise its platform as an important component to Firstsource’s Digitally Empowered Contact Center (DECC).

During Tuesday’s trading session, the stock of SRF Limited jumped more than 4 per cent and made a new 52-week high of Rs 5,074.85. The shares of SRF have gained 14.3 per cent in the last three trading days.

In the domestic stock markets, Sensex has witnessed a strong rally, gaining by more than 1,500 points in the last week. The index is up by around 4.36 per cent or 1,726 points since the beginning of November 2020.

EBITDA margin for the quarter stood at 38.3 per cent vs 40.7 per cent in Q2FY20. This margin contraction was led by a jump in the cost of materials consumed to 41 per cent as against 38 per cent in Q2FY20.

Reliance Industries Limited (RIL) and Reliance Retail Ventures Limited (RRVL) announced on Thursday that Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) will invest Rs 9,555 crore for an equity stake of 2.04 per cent into RRVL. PIF has signed definitive documentation for the same.

The market opened in green on November 06, 2020.

The market opened in green on November 06, 2020, overall volumes in futures & options currently stand at 6,22,31,284 contracts with a turnover of Rs. 45,33,245.34 crore.

The market opened in green on November 06, 2020, overall volumes in futures & options currently stand at 6,22,31,284 contracts with a turnover of Rs. 45,33,245.34 crore.

Most of us postpone the idea of retirement planning as it seems far distant; however, the earlier we start, the more comfortably we can reach the required retirement corpus.

This margin expansion was supported by a significant decline in the cost of materials consumed to 18 per cent in Q2FY21 as against 30 per cent in Q2FY20.

The level of 12,000-12,025 would act as an important support for the index in the near-term as per the rule of change in polarity i.e. previous resistance once breached acts as a support level.

Nifty has rallied nearly 600 points from the lows of October 30 and with this, it has reached its pre-COVID level while on a year-to-date basis, it is trading with a loss of less than half a per cent. While Sensex has turned positive on a year-to-date basis after the stupendous run seen over the last week.

Nucleus Software today announced the recognition of its digital lending solution, FinnOne Neo by Aite Group.

The yearly business from the new US customer is expected to realise approximately USD 10 million in the current financial year.The new business relationship will support the company in maintaining full capacity production at its Chennai steel wheels’ plant.

Subex, an industry leader in providing services based on digital trust announced on Thursday that it has partnered with Tech Mahindra to roll-out blockchain-based solutions for telecom operators globally.

This article would help fixed-income investors in repositioning their debt portfolio in the current market scenario. Read on to find out more.

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On Thursday, Nifty ended at 12,120.30 levels, up by 1.78 per cent or Rs 211.80 while Sensex jumped by 724.02 points or 1.78 per cent to settle at 41,340.16 levels.

As stated by you, the residential flat inherited by you from your father was acquired by him in 1966.

GlobalSpace Technologies Limited has announced that its subsidiary, Makebot will partner with Euro School for its Centre of Excellence (CoE) for experiential learning programme.

This is a super house of financial data on 3500 corporates with up to date information. In the Magazine version the top 1100 -1400 companies are covered while the data on the entire 3500 companies is available in excel format for subscribers to download.

There are various ways in which an investor can participate in the equity markets. Portfolio management service or PMS is emerging as one of the most promising ways to participate in the markets for high net-worth individuals (HNIs). But is PMS the best way to beat benchmark indices or is hiring a decent investment advisory service (IAS) good enough to beat benchmark indices? Ganesh Vaybase explores the pros and cons of PMS versus IAS while also exploring the benefits of mutual fund investing

In spite of the imposed lockdowns due to the pandemic, no new launches, uncertain macro-economic outlook and tough real estate sector scenario, the company posted 37 per cent QoQ growth in sales volume and 41 per cent QoQ increase in total sales value during Q2FY21, thus indicating strong fundamentals

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

Public Sector Enterprises:India's Jewel In The Crown
Roll of Honour
Financial Data

In this edition, we have reviewed Heidelberg Cement India Ltd. and Siemens Ltd. We suggest our reader investors to HOLD Heidelberg Cement India Ltd. and Siemens Ltd.

Market scholars have often arrived at different formulae to indicate that investing in a mutual fund on a particular date of the month would definitely make your returns better. Does it really work that way? DSIJ conducted research of its own to come to a well-defined conclusion

When it comes to the equity markets there is never a dull moment - constant highs and lows keep investors in a state of perpetual movement. And that is the case even now when the current market condition has put many investors in a dilemma. The more than decent recovery in the markets has kept investors guessing about the future movement of their stocks. Geyatee Deshpande discusses how the markets have behaved in 2020 while Yogesh Supekar highlights the investing opportunities in the current markets even as the DSIJ research team shares its 'top picks' for the next one year

BSE announced that the Exchange has received an exemptive relief under Commodity Futures Trading Commission (CFTC) Regulation 30.10, which will allow designated members of BSE to accept futures & options (F&O) from customers located in the US.

The market opened in green on November 05, 2020.

The market opened in green on November 05, 2020, overall volumes in futures & options currently stand at 3,42,79,912 contracts with a turnover of Rs. 24,97,875.65 crore.

The market opened in green on November 05, 2020, overall volumes in futures & options currently stand at 3,42,79,912 contracts with a turnover of Rs. 24,97,875.65 crore.

Tata Consultancy Services (TCS) announced that it will engage in a strategic partnership with AGL to deliver the latter’s organisation-wide cloud transformation programme. This partnership is aligned with the company’s aim of becoming a digital utility of the future.

The recent fall in the share price of Reliance Industries has put many MF schemes on spot. Read on to find the list of funds that carry the largest holding of Reliance’s shares. 

Nifty recorded gains of 3.51 per cent in the month of October. While the first half of the month was pretty much dominated by the bulls, the second half of the month was impacted by the grim news of another round of lockdowns due to the rising cases of corona virus in other countries, especially across Europe.

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 shares of Hindustan Petroleum Corporation Limited (HPCL) surged by around 8 per cent on Thursday after the company’s board of directors approved a share buyback programme of Rs 2,500 crore.          

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.

In the last few weeks the equity markets worldwide remained volatile due to a number of reasons. Rising corona virus cases, possible lockdowns, delay in US’ stimulus, result of the US’ presidential elections, etc. have been some of the factors contributing to volatility in the stock markets.

First and foremost, here is wishing all my beloved readers a happy and prosperous Diwali. From the previous Diwali to this Diwali,Multibagger Stock I read your Multibagger story and liked it very much.

I read your Multibagger story and liked it very much. I Want to know the future multibagger- can you help?

- Harshal Wakale

Data Bank of top-ranked equity funds based on DSIJ's proprietary research methodology.

This is our mutual fund recommendation. Every fortnight ,we recommend one open-ended equity diversified fund that has the best potential of returns for the next one year considering its constituents remain the same.
 

If your allocation to equities has increased recently and is higher than what you had planned for, it may be time to rebalance the portfolio by redeeming some units of equity funds and move that fund either to short-term debt funds or gold.

Readers are requested to send only one query at a time so that more readers get a chance. Have questions relating to any aspect of personal finance. Ask DSIJ at editorial@DSIJ.in and get your queries resolved

Value investment is actually what you are paying for today rather than speculating over what you could possibly get in the future.  Read on to find how value funds have performed in India.

When it comes to astute investment decision making, you shouldn't consider just the sources of investment returns but also the tax implications on your investments. Mutual fund investments are an optimal way to meet your financial goals keeping in mind your risk profile.

Leading private sector banks with heavy weightage on indices such as HDFC Bank and Kotak Mahindra Bank have beaten the street expectations as far as the results are concerned. And now with favourable news regarding the opening up of the economy and a decrease in unemployment figures, the banking sector is all set to come out of its depression phase

Thank you for writing to us. Expense ratio always remains the prime factor for deciding a fund.

The emotion of fear sometimes becomes more dangerous than the reason for any such fear. When India went through one of the strictest lockdowns to prevent spreading of the corona virus, it impacted the entire economy.

The price action suggests being with a bullish stance and looking for an immediate target of 12,025, followed by 12,220 in the near-term.

The latest update on the US election is that the presidential candidate Joe Biden is leading and approaching the 270 mark. If Nifty manages to hold above the 12,045-12,060 mark, the bulls would attempt to reclaim its all-time high level in the near term.

With this capacity addition, its total capacity would surge to 840 KLPD. The total Capex for the same is estimated to Rs 320 crore for which, Rs 220 crore would be borrowed from banks and the remaining Rs 100 will be arranged via internal sources.

The stock of Adani Transmission Limited has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout.

In addition to this, the stock has formed a bullish engulfing candlestick pattern on the daily timeframe. This suggests that the bulls are taking control near the support zone.

On Wednesday, Nifty closed at 11,908.50 levels, up by 0.80 per cent or 95 points. Sensex gained by 0.88 per cent or 355.01 points to settle at 40,616.14.

The equity market in the last six months has seen a vertical rally and one of the reasons attributed is a fall in interest rate. Read on to find more.

GlobalSpace Technologies Limited has announced that its subsidiary, Makebot will partner with Euro School for its Centre of Excellence (CoE) for experiential learning programme. With this move, Makebot is planning to expand its footprint in the Indian education sector.

The leading API manufacturer, Lasa Supergenerics informed the bourses on Wednesday that it has received environmental clearance from State Environment Impact Assessment Authority (SEIAA) for expanding its ‘benzimidazole derivatives’ capacity at the company’s manufacturing facility at Khed (Maharashtra).

The market opened in green on November 04, 2020.

The market opened in green on November 04, 2020, overall volumes in futures & options currently stand at 2,08,55,299 contracts with a turnover of Rs. 15,08,266.12 crore.