Dr Reddys Laboratories gains post launching Dexmedetomidine Hydrochloride in US market Dr Reddys Laboratories gains post launching Dexmedetomidine Hydrochloride in US market DSIJ Intelligence / Friday, September 25, 2020 0 1487 Article rating: 3.8 Dr Reddy’s has launched the injection at an affordable price, making it readily available for patients. The company’s capacity to adequately supply Dexmedetomidine is significant as it's on the FDA’s drug shortage list. Read more
Granules India hits record high; zooms 92 per cent in 3 months Granules India hits record high; zooms 92 per cent in 3 months DSIJ Intelligence / Friday, September 25, 2020 0 1932 Article rating: 4.4 Granules India Limited today announced that United States Food & Drug Administration (USFDA) has approved its abbreviated new drug application (ANDA) for Naproxen Sodium and Diphenhydramine Hydrochloride tablets, 220 mg/25 mg (OTC), which is a generic equivalent of Aleve PM Tablets, 220 mg/25 mg, of Bayer HealthCare LLC. Read more
Vakrangee locks in at upper circuit; stock gains by more than 40 per cent from COVID-19 lows Vakrangee locks in at upper circuit; stock gains by more than 40 per cent from COVID-19 lows DSIJ Intelligence / Friday, September 25, 2020 0 2856 Article rating: 4.1 On Friday, the shares of Vakrangee Limited locked in at its upper circuit of 10 per cent at Rs 27.10 per share. The jump in the stock price was due to the company’s announcement about being granted an in-principle authorisation to set-up and operate the Bharat Bill Payment Operating Unit (BBPOU) by Reserve Bank of India (RBI). Read more
Maurices partners with TCS to build greenfield IT ecosystem Maurices partners with TCS to build greenfield IT ecosystem DSIJ Intelligence / Friday, September 25, 2020 0 1326 Article rating: 3.6 Tata Consultancy Services (TCS), a leading global IT services, consulting, and business solutions organization, has partnered with Maurices, a women’s fashion-apparel retail chain in the US and Canada, to help create a new flexible and scalable IT landscape for the latter. Read more
Five stocks with buying interest Five stocks with buying interest DSIJ Intelligence / Friday, September 25, 2020 0 1853 Article rating: 3.7 The market opened in green on September 25, 2020, overall volumes in futures & options currently stand at 6,71,01,341 crore contracts with a turnover of Rs. 43,02,566.44 crore. Read more
Ten stocks close to their 52-week high Ten stocks close to their 52-week high DSIJ Intelligence / Friday, September 25, 2020 0 1314 Article rating: 2.6 The market opened in green on September 25, 2020. Read more
Five stocks with selling interest Five stocks with selling interest DSIJ Intelligence / Friday, September 25, 2020 0 1372 Article rating: 3.9 The market opened in green on September 25, 2020, overall volumes in futures & options currently stand at 6,71,01,341 crore contracts with a turnover of Rs. 43,02,566.44 crore. Read more
Cipla gets final nod for generic therapeutic equivalent of Tecfidera; stock opens 1.52 per cent higher Cipla gets final nod for generic therapeutic equivalent of Tecfidera; stock opens 1.52 per cent higher DSIJ Intelligence / Friday, September 25, 2020 0 1942 Article rating: 3.4 Cipla Limited today announced that it has received final approval for its abbreviated new drug application (ANDA) for Dimethyl Fumarate DR Capsules 120mg, 240mg, and 120mg/240mg starter pack from United States Food & Drug Administration (USFDA). Read more
Nifty trend and stocks in action on September 25, 2020 Nifty trend and stocks in action on September 25, 2020 DSIJ Intelligence-3 / Friday, September 25, 2020 0 1385 Article rating: 4.7 The onus is on the 200-DMA, which is placed at 10,761. If bulls manage to defend it, expect a pullback up to the levels of 10,980, or else, 10,640-10,550 is the next destination. Stocks in news: Cipla, GMR Infrastructure, ONGC, GAIL, RITES, TCS. Read more
Start your day with smile as SGX Nifty indicates a positive opening! Start your day with smile as SGX Nifty indicates a positive opening! DSIJ Intelligence-3 / Friday, September 25, 2020 0 1069 Article rating: 4.8 The Indian markets are gripped by three key factors namely, fear, uncertainty, and doubt. The fear is rising as it is quite evident from the surge in India VIX. Uncertainty is hovering over as some countries are planning another lockdown to combat the spread of Coronavirus and doubt over the pace of economic recovery. Read more
India INX catches global traders' attention, assists GIFT City to become next global financial hub! India INX catches global traders' attention, assists GIFT City to become next global financial hub! DSIJ Intelligence / Thursday, September 24, 2020 0 3689 Article rating: 4.3 As of now BSE's flagship index – Sensex 50 is traded on India International Exchange (India INX) and is catching trader's attention. The total turnover on the India INX is increasing steadily and has reached USD 57.7 billion in August 2020, with a market share of 57 per cent against comparable index in Singapore. There are as many as 100 proprietary traders active on the exchange and more than 40 members are currently active with more members awaiting the regulatory approvals. Read more
Havells India enters into refrigerator space via Lloyd brand Havells India enters into refrigerator space via Lloyd brand DSIJ Intelligence / Thursday, September 24, 2020 0 1993 Article rating: 4.0 The leading fast‐moving electrical goods (FMEG) company, Havells India Limited, informed the bourses on Thursday that it has entered into the refrigerator segment under its consumer durable brand-Lloyd. Read more
Technical Portfolio Guide Technical Portfolio Guide Ninad Ramdasi / Thursday, September 24, 2020 0 167 Article rating: No rating Subscribers can ask their queries regarding stocks they hold and get our expert guidance. Read more
Street Talk Street Talk Ninad Ramdasi / Thursday, September 24, 2020 0 2385 Article rating: No rating 1 stock recommendation based on Street Talk (with 7 days horizon). Read more
Review Review Ninad Ramdasi / Thursday, September 24, 2020 0 374 Article rating: No rating Review on 1 stocks recommended in past Read more
Sentiment Indicators Sentiment Indicators Ninad Ramdasi / Thursday, September 24, 2020 0 283 Article rating: No rating Sentiment Indicators. Read more
Fundamental Analysis Fundamental Analysis Ninad Ramdasi / Thursday, September 24, 2020 0 151 Article rating: No rating Fundamental Analysis of 1 Stocks (with 180 days horizon). Read more
A Week of Ups and Downs A Week of Ups and Downs Ninad Ramdasi / Thursday, September 24, 2020 0 142 Article rating: No rating Editor's views on the capital markets, stock reviews and word on Dalal Street. Read more
Technical Analysis Technical Analysis Ninad Ramdasi / Thursday, September 24, 2020 0 188 Article rating: No rating Technical Analysis of 1 Stock (with 15 days horizon). Read more
Panacea Biotec hits 5 per cent upper circuit on successful dengue vaccine trial Panacea Biotec hits 5 per cent upper circuit on successful dengue vaccine trial DSIJ Intelligence / Thursday, September 24, 2020 0 1050 Article rating: 4.3 The share price of the global generic, speciality pharmaceutical & vaccine maker, Panacea Biotec, hits 5 per cent upper circuit on BSE today during the afternoon session. Read more
Zydus Cadila receives nod to market anti-cancer medicine Zydus Cadila receives nod to market anti-cancer medicine DSIJ Intelligence / Thursday, September 24, 2020 0 666 Article rating: 3.7 Zydus Cadila is said to market Palbociclib capsules (US RLD: Ibrance capsules) in the strengths of 75 mg, 100 mg, and 125 mg. The drug interferes with the growth and spread of cancer cells in the body. Read more
Kerbside Kerbside Ninad Ramdasi / Thursday, September 24, 2020 0 986 Article rating: No rating 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 Read more
Sensex, Nifty tumble for second time in a week; Ashok Leyland plunges 9 per cent, Subex gains 3 per cent Sensex, Nifty tumble for second time in a week; Ashok Leyland plunges 9 per cent, Subex gains 3 per cent DSIJ Intelligence / Thursday, September 24, 2020 0 1469 Article rating: 3.6 On Thursday, the domestic markets spooked investors as Sensex crashed by 1,114.82 points or 2.96 to close at 36,553.60 levels while Nifty declined by 326.30 points or 2.93 per cent to settle at 10,805.55 levels. Read more
Tata Elxsi opens Global Engineering Centre with Schaeffler Technologies Tata Elxsi opens Global Engineering Centre with Schaeffler Technologies DSIJ Intelligence / Thursday, September 24, 2020 0 1407 Article rating: 3.8 Tata Elxsi, a global design and technology services company, announced the opening of a Global Engineering Centre (GEC) with Schaeffler Technologies AG & Co. KG, a world leader in providing mechatronics solutions for the transportation industry. Schaeffler Group is a global supplier to the automotive and industrial sectors. Read more
Reviews Reviews Ninad Ramdasi / Thursday, September 24, 2020 0 998 Article rating: No rating In this edition, we have reviewed Pidilite Industries and Marico Limited. We suggest our reader-investors to HOLD in Pidilite Industries and Marico Limited. Read more
Query Board Query Board Ninad Ramdasi / Thursday, September 24, 2020 0 829 Article rating: No rating This section gives decisive investment rationales to our subscribers on the stock queries they have raised to our research team. Read more
Ten stocks close to their 52-week high Ten stocks close to their 52-week high DSIJ Intelligence / Thursday, September 24, 2020 0 874 Article rating: 3.8 The market opened in red on September 24, 2020. Read more
Trackpad Trackpad Ninad Ramdasi / Thursday, September 24, 2020 0 818 Article rating: No rating Sun Pharma Advanced Research Company Ltd (SPARC) announced the grant of an exclusive license to Tripoint Therapeutics LLC, USA (Tripoint) to commercialise ElepsiaTM XR 1,000 mg and ElepsiaTM XR 1,500 mg tablets in the USA. Read more
Faceless Assessment – A New Concept Faceless Assessment – A New Concept Ninad Ramdasi / Thursday, September 24, 2020 0 616 Article rating: No rating In a bid to make the taxation procedure and its follow-up as transparent as possible, the central government has launched a new platform, details of which are explained by Jayesh Dadia Read more
SME Stocks Offer Unmatched Growth Potential SME Stocks Offer Unmatched Growth Potential Ninad Ramdasi / Thursday, September 24, 2020 0 1501 Article rating: 2.0 SME investing has rewarded risk-takers in the past and as the family of SME stocks increases every year, the prospects of SME investing gets even better. Ganesh Vaybase tracks the SME stocks' performance and highlights the top performers in the SME space while also discussing why SME investing is in vogue Read more
Planning For Your Childs Education With Mutual Funds Planning For Your Childs Education With Mutual Funds Ninad Ramdasi / Thursday, September 24, 2020 0 1094 Article rating: No rating As your child grows older and there comes a need to pay for acquiring a profession-targeted degree, you have the option of either taking an education loan or using your investments in mutual funds to cover it. The question is about which is a better choice Read more
Big Triggers For Small-Caps Big Triggers For Small-Caps Ninad Ramdasi / Thursday, September 24, 2020 0 2809 Article rating: 4.3 The year 2020 has been a great one for those investors who have shown a preference for broader markets. The overwhelming performance of small-caps aided by SEBI's guidance of reshuffling of multi-cap mutual funds has triggered interest in small-caps afresh. Geyatee Deshpande analyses the performance of smallcaps while Yogesh Supekar shares why it makes sense to allocate more capital to small-caps in the current environment Read more
Trending stock: Advanced Enzyme Technologies jumps 16 per cent; touches 52-week high Trending stock: Advanced Enzyme Technologies jumps 16 per cent; touches 52-week high DSIJ Intelligence / Thursday, September 24, 2020 0 1198 Article rating: 4.4 It is the expiry day and the markets have already witnessed a sharp fall. This is for the second time in a week that bears have shown such a tightening grip on the domestic markets, spreading red colour over Sensex and Nifty. Sensex was down by around 678 points or 1.80 per cent at 36,990 levels. Read more
Five stocks with buying interest Five stocks with buying interest DSIJ Intelligence / Thursday, September 24, 2020 0 1199 Article rating: 3.5 The market opened in red on September 24, 2020, overall volumes in futures & options currently stand at 3,82,61,064 crore contracts with a turnover of Rs. 25,61,103.02 crore. Read more
Blue Dart Express Limited : From Blue To Red Blue Dart Express Limited : From Blue To Red Ninad Ramdasi / Thursday, September 24, 2020 0 1695 Article rating: No rating The ongoing pandemic and the various phases of lockdown have hit the logistics industry hard and Blue Dart Express has been one of the victims. Read more
Five stocks with selling interest Five stocks with selling interest DSIJ Intelligence / Thursday, September 24, 2020 0 1217 Article rating: 3.9 The market opened in red on September 24, 2020, overall volumes in futures & options currently stand at 3,82,61,064 crore contracts with a turnover of Rs. 25,61,103.02 crore. Read more
FDI equity inflows into India down by 60 per cent in Q1FY21: DPIIT FDI equity inflows into India down by 60 per cent in Q1FY21: DPIIT Nidhi Jani / Thursday, September 24, 2020 0 1092 Article rating: 4.8 The data showed that the sectors, which attracted foreign inflows during the first quarter of 2020-21 included services (USD 1.14 billion), computer software & hardware (USD 1.06 billion), telecommunications (USD 2 million), automobile (USD 326 million), and trading (USD 426 million). Read more
NIFTY Index Chart Analysis : Tread cautiously; Nifty in slippery mood NIFTY Index Chart Analysis : Tread cautiously; Nifty in slippery mood Ninad Ramdasi / Thursday, September 24, 2020 0 1117 Article rating: No rating There is an old saying on Wall Street that the market is driven by just two emotions Read more
Recommendations from Pharmaceuticals & Chemicals Sectors Recommendations from Pharmaceuticals & Chemicals Sectors Ninad Ramdasi / Thursday, September 24, 2020 0 958 Article rating: No rating 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. Read more
Recommendation from Plantations - Tea & Coffee Sector Recommendation from Plantations - Tea & Coffee Sector Ninad Ramdasi / Thursday, September 24, 2020 0 1433 Article rating: No rating 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. Read more
Recommendations from Fertilizers Sector Recommendations from Fertilizers Sector Ninad Ramdasi / Thursday, September 24, 2020 0 957 Article rating: No rating 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. Read more
SEBI ponder over backstop facility for easing stress in debt MFs SEBI ponder over backstop facility for easing stress in debt MFs DSIJ Intelligence / Thursday, September 24, 2020 0 1198 Article rating: 5.0 SEBI is working on the measures to reduce stress in debt mutual funds for which it mulls ‘backstop facility’. Read on to find out more. Read more
No End To Volatility No End To Volatility Ninad Ramdasi / Thursday, September 24, 2020 0 686 Article rating: No rating Trading data shows that FIIs were net buyers to the tune of Rs 7,072.67 crore while DIIs were net sellers to the tune of Rs 3,600.09 crore. Read more
Small-Cap Stocks Small-Cap Stocks Ninad Ramdasi / Thursday, September 24, 2020 0 1723 Article rating: No rating You have been advocating for quite some time that small-caps and mid-caps may rally in the markets. Read more
Enthusiasm Flattens but Hope Remains High Enthusiasm Flattens but Hope Remains High Ninad Ramdasi / Thursday, September 24, 2020 0 983 Article rating: No rating The year 2020 has been a great year of revelation for investors. Read more
Data Bank Data Bank Ninad Ramdasi / Thursday, September 24, 2020 0 661 Article rating: No rating 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. Read more
MF Data Bank MF Data Bank Ninad Ramdasi / Thursday, September 24, 2020 0 586 Article rating: No rating Data Bank of top-ranked equity funds based on DSIJ's proprietary research methodology. Read more
MF Query Board MF Query Board Ninad Ramdasi / Thursday, September 24, 2020 0 678 Article rating: No rating 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. Read more
Stocks Or Equity Funds: Which One Is Better? Stocks Or Equity Funds: Which One Is Better? Ninad Ramdasi / Thursday, September 24, 2020 0 952 Article rating: No rating Equity, as an asset class, has proved its potential as a wealth creator for investors. However, considering the attendant risk of volatility, one must choose the right option to get the best out of equity investments. Read more
Fund of Fortnight Fund of Fortnight Ninad Ramdasi / Thursday, September 24, 2020 0 1189 Article rating: No rating Read more
Esg Investing: The New ‘Conscious Option Esg Investing: The New ‘Conscious Option Ninad Ramdasi / Thursday, September 24, 2020 0 590 Article rating: No rating ESG investing is a terminology which has created waves across the globe. Read more
Are Wealth Creation And Financial Goals The Same? Are Wealth Creation And Financial Goals The Same? Ninad Ramdasi / Thursday, September 24, 2020 0 631 Article rating: No rating One wishes that the process of creating wealth through investments was the same as achieving your financial goals, as for example, buying a house or paying for your child’s education. But it is not. There is a difference in how you approach the two and this article explains the finer points Read more
MF Direct Investing – Demystified MF Direct Investing – Demystified Ninad Ramdasi / Thursday, September 24, 2020 0 576 Article rating: No rating While investing in a mutual fund, it is important to understand the differences between direct plan and regular plan. For instance, investment in a direct plan helps an investor in two ways to generate better results than regular plan. The article outlines the broad distinctions between the two and how to invest in direct plan. Read more
Stirring Up a Hornets Nest Stirring Up a Hornets Nest Ninad Ramdasi / Thursday, September 24, 2020 0 526 Article rating: No rating Consistency and continuity in every aspect of the functioning of the stock market, be it regulation, makes it stronger and reduces the uncertainty. The recent SEBI circular with regard to changes in the asset allocation of multi-cap funds is likely to disturb both consistency and continuity in the equity-dedicated mutual funds. Read more
Managing Portfolio Managing Portfolio Ninad Ramdasi / Thursday, September 24, 2020 0 1175 Article rating: No rating I appreciate your work with respect to your cover story ‘Managing Portfolio in Times of a Bubble’. However, I would like to know what should be done regarding my running SIP during such times. Read more
Nifty trend and stocks in action on September 24, 2020 Nifty trend and stocks in action on September 24, 2020 DSIJ Intelligence-3 / Thursday, September 24, 2020 0 1680 Article rating: 4.9 So, let’s see whether these divergences help to revive the bulls or not as this turns out to be a trick by bears just to trap buyers. As long as Nifty trades above Wednesday’s session low of 11,024, expect a pullback in the market, while the breach of 11,024 could deepen the wounds of bulls as the correction could extend towards 10,940-10,900. Stocks in news: Hexaware Technologies, Datamatics, TCS, Aurionpro Solutions, IRCON. Read more
Brace yourself for yet another stormy day! Brace yourself for yet another stormy day! DSIJ Intelligence-3 / Thursday, September 24, 2020 0 960 Article rating: 4.9 The global markets are witnessing selling pressure and this is sure to spill on the Indian shores as well. In the early trends, SGX Nifty is indicating that the Indian markets are in for a big gap down opening as SGX Nifty trades at 11,012.50 levels down by over 1 per cent. The stocks on Wall Street ended in a sea of red on Wednesday as Service PMI dipped to 54.6, which was poorer than the last month’s reading, Read more
Hester Biosciences acquires tech to develop Brucella vaccine from IVRI Hester Biosciences acquires tech to develop Brucella vaccine from IVRI DSIJ Intelligence / Wednesday, September 23, 2020 0 2137 Article rating: 3.9 Hester Biosciences informed the bourses on Wednesday that it has signed an agreement towards receiving the indigenously developed technology from Indian Council of Agriculture Research-Indian Veterinary Research Institute (ICAR-IVRI), for developing Brucella Abortus S19 Delta per vaccine. Read more
Manali Petrochemicals jumps 9 per cent on finalising plans to triple annual production capacity for Propylene Glycol Manali Petrochemicals jumps 9 per cent on finalising plans to triple annual production capacity for Propylene Glycol Pratik Shastri / Wednesday, September 23, 2020 0 3756 Article rating: 3.0 The primary focus of the project will be to supply to two sectors – pharmaceutical and food. The growth in demand expected in the future in these two sectors will help MPL meet its sales target post the expansion. Read more
Sensex, Nifty volatile; Bharti Airtel plunges 8 per cent, Zensar Technologies zooms 9 per cent Sensex, Nifty volatile; Bharti Airtel plunges 8 per cent, Zensar Technologies zooms 9 per cent DSIJ Intelligence / Wednesday, September 23, 2020 0 1230 Article rating: 4.8 On Wednesday, the domestic markets remained volatile ahead of Thursday’s expiry. Sensex closed down by 65.66 points or 0.17 per cent at 37,668.42 levels while Nifty closed down by 0.20 per cent or 21.80 points at 11,131.85 levels. Read more
Sun Pharma launches ILUMYA for treatment of plaque psoriasis in Japan Sun Pharma launches ILUMYA for treatment of plaque psoriasis in Japan DSIJ Intelligence / Wednesday, September 23, 2020 0 1377 Article rating: 5.0 Sun Pharmaceutical Industries on Wednesday announced the launch of ILUMYA Subcutaneous Injection 100 mg syringe in Japan for the treatment of plaque psoriasis in adult patients, who have an inadequate response to conventional therapies. Read more
Unifi Wealth Management buys stake in Majesco Unifi Wealth Management buys stake in Majesco DSIJ Intelligence / Wednesday, September 23, 2020 0 1325 Article rating: 4.2 Unifi Wealth has bought 2.06 lakh equity shares of Majesco at Rs 779.05 per share. Read more
Is Repo rate linked housing loan, a deal-breaker? Is Repo rate linked housing loan, a deal-breaker? DSIJ Intelligence / Wednesday, September 23, 2020 0 915 Article rating: 4.4 As you know, there are two kinds of housing loans, MCLR linked and Repo linked. In this article, we would talk about the latter and whether you should consider going for it or not. Read more
Ten stocks close to their 52-week high Ten stocks close to their 52-week high DSIJ Intelligence / Wednesday, September 23, 2020 0 1754 Article rating: 4.4 The market opened in green on September 23, 2020. Read more
Five stocks with selling interest Five stocks with selling interest DSIJ Intelligence / Wednesday, September 23, 2020 0 1537 Article rating: 3.7 The market opened in green on September 23, 2020, overall volumes in futures & options currently stand at 3,21,01,132 crore contracts with a turnover of Rs. 21,88,928.38 crore. Read more
Adani Green Energy locks in at lower circuit; stock tumbles 13 per cent in 5 days Adani Green Energy locks in at lower circuit; stock tumbles 13 per cent in 5 days DSIJ Intelligence / Wednesday, September 23, 2020 0 4984 Article rating: 3.3 On Wednesday, the shares of Adani Green energy locked in at its lower circuit of 5 per cent at Rs 588.35 per share. The stock, which had touched its all-time high of Rs 699 per share on September 16, 2020, is currently trading down by 15.82 per cent from its 52-week high. Read more
Reliance Retail gets another investment; RIL stock up by 2.30 per cent Reliance Retail gets another investment; RIL stock up by 2.30 per cent DSIJ Intelligence / Wednesday, September 23, 2020 0 985 Article rating: 4.0 Reliance Industries Limited and Reliance Retail Ventures Limited (RRVL) announced today that the global investment firm KKR will invest Rs 5,550 crore into RRVL, a subsidiary of Reliance Industries. Read more
Nifty trend and stocks in action on September 23, 2020 Nifty trend and stocks in action on September 23, 2020 DSIJ Intelligence-3 / Wednesday, September 23, 2020 0 1625 Article rating: 4.8 The level of 11,085 is a crucial support for the index while, on the upside, the level of 11,250 is likely to act as a resistance. Stocks in news: Reliance Industries, Sun Pharmaceutical, TCS, Blue Dart, HCC. Read more
After a crash, Indian indices hope for recovery! After a crash, Indian indices hope for recovery! DSIJ Intelligence-3 / Wednesday, September 23, 2020 0 1012 Article rating: 5.0 The early trends in SGX Nifty indicate that the markets are likely to open with a positive bias as SGX Nifty trades with gains of 5 points at 11,165 levels. If the bulls in today’s session managed to protect the low of 11,085, they could attempt for a pullback level towards the levels of 11,250. Read more
Sensex tanks 300.06 points; IT stocks rally, Nucleus Software zooms 4 per cent Sensex tanks 300.06 points; IT stocks rally, Nucleus Software zooms 4 per cent DSIJ Intelligence / Tuesday, September 22, 2020 0 1359 Article rating: 4.0 Continuing Monday’s trend, the stocks drifted lower with Sensex tumbling by 300.06 points or 0.79 per cent to close at 37,734.08 levels while Nifty was down by 96.90 points or 0.86 per cent, to close at 11,153.65 levels. Read more
NFO Update: ICICI Prudential ESG Fund NFO Update: ICICI Prudential ESG Fund DSIJ Intelligence / Tuesday, September 22, 2020 0 5355 Article rating: 3.3 ICICI Prudential Mutual Fund has announced the launch of its ‘ESG Fund’, which closes for subscription on October 5, 2020. Read more
Strides Pharma stock gains on USFDA nod for headache tablets Strides Pharma stock gains on USFDA nod for headache tablets DSIJ Intelligence / Tuesday, September 22, 2020 0 982 Article rating: 5.0 The drug is indicated for the relief of the symptom complex of tension or muscle contraction headache. It will be marketed by Strides Pharma Inc. in the US market Read more
Vodafone Idea plunges 7 per cent as telcos may need to pay 10 per cent AGR dues Vodafone Idea plunges 7 per cent as telcos may need to pay 10 per cent AGR dues DSIJ Intelligence / Tuesday, September 22, 2020 0 1600 Article rating: 5.0 According to Department of Telecommunications (DoT), the operational telecom players are expected to pay Rs 12,921 crore by the end of the financial year 2021, of which, 80 per cent has to be paid by the telecom operators such as Vodafone Idea and Bharti Airtel. Read more
Five stocks with buying interest Five stocks with buying interest DSIJ Intelligence / Tuesday, September 22, 2020 0 1956 Article rating: 4.1 The market opened in red on September 22, 2020, overall volumes in futures & options currently stand at 2,55,99,076 crore contracts with a turnover of Rs. 18,07,273.05 crore. Read more
Five stocks with selling interest Five stocks with selling interest DSIJ Intelligence / Tuesday, September 22, 2020 0 934 Article rating: 4.5 The market opened in red on September 22, 2020, overall volumes in futures & options currently stand at 2,55,99,076 crore contracts with a turnover of Rs. 18,07,273.05 crore. Read more
SPARC grants exclusive license to Tripoint Therapeutics to commercialise Epilepsy tablets in USA SPARC grants exclusive license to Tripoint Therapeutics to commercialise Epilepsy tablets in USA DSIJ Intelligence / Tuesday, September 22, 2020 0 849 Article rating: 5.0 Sun Pharma Advanced Research Company Ltd (SPARC) today announced the grant of an exclusive license to Tripoint Therapeutics LLC, USA (Tripoint) to commercialise ElepsiaTM XR 1,000 mg and ElepsiaTM XR 1,500 mg tablets in the USA. Read more
GMM Pfaudler announces offer for sale at Rs 3,500; shares hit lower circuit, plunge 10 per cent GMM Pfaudler announces offer for sale at Rs 3,500; shares hit lower circuit, plunge 10 per cent Pratik Shastri / Tuesday, September 22, 2020 0 2623 Article rating: 2.9 Now, what is so worrisome to investors in GMM? The major concern is the size of the stake available to sell. As per the press release by the company, the equity shares representing 17.59 per cent are being offered in the prevailing OFS. Read more
ICRA opines on domestic penetration of electric vehicles; believes it may remain low in medium-term ICRA opines on domestic penetration of electric vehicles; believes it may remain low in medium-term Nidhi Jani / Tuesday, September 22, 2020 0 980 Article rating: 4.2 It further said the modality of vehicle financing in a battery-swappable model, where the core battery is owned/leased by a third party and financiers only have control over the residual vehicle, is another challenge. Read more
SAIL doubles crude steel production capacity SAIL doubles crude steel production capacity Pratik Shastri / Tuesday, September 22, 2020 0 10730 Article rating: 3.6 The government also has formed a ‘National Steel Policy’, which aims this achievement of 300 MTPA crude steel capacity by 2030. It has further taken certain steps toward fulfilling this goal. Read more
Nifty trend and stocks in action on September 22, 2020 Nifty trend and stocks in action on September 22, 2020 DSIJ Intelligence-3 / Tuesday, September 22, 2020 0 1636 Article rating: 4.8 The level of 11,185 is an important support in the near term. Hence, keep a close tab on this level while on the upside, the level of 11,340 would act as immediate resistance. Stocks in news: Jindal Steel & Power, Karda Constructions, TCS, L&T. Read more
After a fall, indices set to smile at start! After a fall, indices set to smile at start! DSIJ Intelligence-3 / Tuesday, September 22, 2020 0 1182 Article rating: 5.0 After a 'black Monday', the early cues from SGX Nifty indicate that the bulls would try to regroup and stage a comeback on D-Street as SGX Nifty is trading up by 30 points at 11,274 levels. Read more
IPO analysis: Angel Broking IPO analysis: Angel Broking DSIJ Intelligence / Monday, September 21, 2020 0 4639 Article rating: 3.1 Angel Broking, one of the largest retail broking houses in India in terms of active clients on NSE, is coming out with its IPO today. Read on to find out if you should subscribe to the issue. Read more
Ramco Systems hits 52-week high after getting order from CHI Aviation Ramco Systems hits 52-week high after getting order from CHI Aviation DSIJ Intelligence / Monday, September 21, 2020 0 1354 Article rating: 5.0 Ramco Systems today announced that it had signed an agreement with CHI Aviation for delivering the full suite Ramco Aviation Software. Read more
Monday Mayhem: Reasons behind Sensex & Nifty fall Monday Mayhem: Reasons behind Sensex & Nifty fall DSIJ Intelligence / Monday, September 21, 2020 0 1127 Article rating: 4.7 On Monday, a huge sell-off was seen in the domestic markets across various sectors such as metal, banks, realty, auto, etc. Read more
National Fertilizers near four-year low on BSE despite double-digit sales growth National Fertilizers near four-year low on BSE despite double-digit sales growth Nidhi Jani / Monday, September 21, 2020 0 1097 Article rating: 4.3 Despite the sales & volume growth, the price realisations and delay in the payment of subsidy remain as the key challenges to the company. Further, the lack of availability of domestic gas to fertiliser sector and increasing trend in the price of spot RLNG, volatile prices of fertilisers in the international market add vows to the company. Read more
Karda Constructions begin Destination One Mall building work; stock jumps 5 per cent Karda Constructions begin Destination One Mall building work; stock jumps 5 per cent Nidhi Jani / Monday, September 21, 2020 0 1169 Article rating: 4.3 The company has commenced the building construction work of Destination One Mall in Nashik, against the work order, worth Rs 33 crore, awarded by Shree Sainath Land & Development (India). Read more
SBI Cards collaborates with Google SBI Cards collaborates with Google Nidhi Jani / Monday, September 21, 2020 0 1340 Article rating: 4.5 In the recent quarter (Q1FY21), the company’s NPA declined by 33 bps, and credit cost declined by 552 bps QoQ. The company also beat the estimates with a jump in profit, supported by a strong net interest income (NII), lower operating expenses, and lower-than-expected provisioning. Read more
Sensex & Nifty bleed, banks tumble; Tata Consumer dips by 7 per cent, BEL plunges 8 per cent Sensex & Nifty bleed, banks tumble; Tata Consumer dips by 7 per cent, BEL plunges 8 per cent DSIJ Intelligence / Monday, September 21, 2020 0 1551 Article rating: 4.3 Starting the expiry week of the September, the domestic markets were volatile on Monday. Later during the day, the indices plunged, owing to the global sell-off cues as well as due to FinCEN’s announcement. Sensex slid by 811.68 points or 2.09 per cent to close at 38,034.14 while Nifty declined by 283.25 points or 2.46 per cent to settle at 11,221.70. Read more
RITES trades lower despite signing MoU worth Rs 475 crore RITES trades lower despite signing MoU worth Rs 475 crore Pratik Shastri / Monday, September 21, 2020 0 1052 Article rating: 3.3 The company announced that it has been awarded a contract for railway electrification works worth Rs 474.92 crore. The company will enter into an MOU with the concerned railway where the company will have a scope of work in turnkey contracts. Read more
New institutional investors add stake in Essel Propack; stock gains 3 per cent New institutional investors add stake in Essel Propack; stock gains 3 per cent Pratik Shastri / Monday, September 21, 2020 0 1634 Article rating: 3.2 After the stake sell, Epsilon Bidco Pte Ltd will continue to hold a controlling stake in the company with 52 per cent holding remaining. Essel Propack is a manufacturer of plastic packaging material (collapsible tubes & laminates) used for FMCG companies. Read more
SEBI revamps NAV rules SEBI revamps NAV rules DSIJ Intelligence / Monday, September 21, 2020 0 2727 Article rating: 2.8 Coming January 01, 2021, mutual fund investors would get the purchase NAV of the day when investors’ money reaches the fund house(s). Read more
Ten stocks close to their 52-week high Ten stocks close to their 52-week high DSIJ Intelligence / Monday, September 21, 2020 0 928 Article rating: 3.4 The market opened flat on September 21, 2020. Read more
Multibagger stock: Dixon Technologies triples investors money in 2020 Multibagger stock: Dixon Technologies triples investors money in 2020 DSIJ Intelligence / Monday, September 21, 2020 0 4172 Article rating: 3.6 Dixon Technologies (India) has become a multibagger stock after it almost tripled investors’ money in 2020. The shares of the company gained by nearly 151 per cent on a YTD basis. Read more
Five stocks with buying interest Five stocks with buying interest DSIJ Intelligence / Monday, September 21, 2020 0 1202 Article rating: 3.6 The market opened flat on September 21, 2020, overall volumes in futures & options currently stand at 1,85,87,034 crore contracts with a turnover of Rs. 13,24,093.29 crore. Read more
Five stocks with selling interest Five stocks with selling interest DSIJ Intelligence / Monday, September 21, 2020 0 927 Article rating: 3.4 The market opened flat on September 21, 2020, overall volumes in futures & options currently stand at 1,85,87,034 crore contracts with a turnover of Rs. 13,24,093.29 crore. Read more
Performance review: Axis Focused 25 Fund Performance review: Axis Focused 25 Fund DSIJ Intelligence / Monday, September 21, 2020 0 4880 Article rating: 3.5 Axis Focused 25 Fund was incepted in the year 2012 and since then, it has given returns of 14.13 per cent. In this article, we would deep dive into its performance. Read more
Near term outlook for tourism sector looks gloomy due to COVID-19 impact Near term outlook for tourism sector looks gloomy due to COVID-19 impact Nidhi Jani / Monday, September 21, 2020 0 4405 Article rating: 3.7 The government is making serious efforts to boost investment in the tourism sector. In the hotel and tourism sector, 100 per cent foreign direct investment (FDI) is allowed through the automatic route. Read more
Buzzing stock: HCL Technologies makes new 52-week high Buzzing stock: HCL Technologies makes new 52-week high DSIJ Intelligence / Monday, September 21, 2020 0 1182 Article rating: 5.0 HCL Technologies, (HCL), a leading global technology company, today announced its intent to acquire DWS Limited, a leading Australian IT, business and management consulting group. Read more
Nifty trend and stocks in action on September 21, 2020 Nifty trend and stocks in action on September 21, 2020 DSIJ Intelligence-3 / Monday, September 21, 2020 0 1662 Article rating: 4.6 The level of 11,620-11,690 on the upside is likely to act as a resistance, and on the downside; the level of 11,420-11,370 is important support. Stocks in news: HCL Technologies, RITES, IRCTC, Cadila Healthcare. Read more
Indian markets may kick off week on back foot; Route Mobile to make debut today Indian markets may kick off week on back foot; Route Mobile to make debut today DSIJ Intelligence-3 / Monday, September 21, 2020 0 881 Article rating: 4.9 The Indian markets are likely to open the session with a negative bias as SGX Nifty is trading down by 39.50 points at 11,479.50. Read more