Indian companies are making a strong comeback. The quarterly results tend to set the tone for market direction and help investors to take cognizance of the crucial ground realities. Armaan Madhani analyses Q2FY23 results, highlighting the hits and misses and deciphers the trend for this earnings season 

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.

The BSE Sensex closed 1,548 points higher at 59,595.85 on Friday, notching a 2.65 per cent gain in the last fortnight. With this surge, the Indian market approached the five-month high hit on September 15 and continued to outperform other major Asian bourses

Which type of SIP is best for a five-year period: small-cap, mid-cap or large-cap? - Ramesh Joshi

While IT, real estate and consumer durables sectors fell, bank, FMCG and financial services companies rose.

The cover story published in the previous issue has rightly enlightened my perspective regarding the outlook for the equity markets post-Diwali. The story highlights that among the sectors, investing in banking stocks is advisable in the coming period, but analysis of correct banking stock is surely not a cakewalk.

Importance Of Planning To Fund Future Goals

Investment Horizon : Query-Specific : Subscribers can ask their queries regarding stocks they hold and get our expert guidance. 



 

In this edition, we have reviewed Asian Paints Ltd and Housing Development Finance Corporation Ltd. We suggest our reader-investors to HOLD Asian Paints Ltd and Housing Development Finance Corporation Ltd

Market turbulence is a common phenomenon caused by several factors. A bit of research can give us the facts on how lengthy crashes, bear markets and corrections have prevailed. But should you discontinue SIP in such circumstances? Vardan Pandhare details the impact of falling market scenario on your SIP strategy

Your cover story on gold was really very deep and knowledgeable.

October was a great month not just because of the Diwali festivities or the BSE Sensex climbing more than 7 per cent but more so because of foreign institutional investors (FIIs) returning to the Indian markets.

When it comes to the stock market, equity mutual funds have turned quite optimistic as they were net buyers in the month of October 2022.

Going forward, performance of Q3FY23 is expected to be largely in-line with Q2FY23 followed by a stronger performance in Q4FY23.   It is on track to achieve a target of Rs 300 crore of revenues from exports in FY23

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

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 604.61 points or 1 per cent.

Sales and net profit for FY22 on a consolidated basis were Rs 5,733 crore and Rs 586 crore, respectively. The company's ROE and ROCE as of the end of the FY22 period are 19.1 and 25.5 per cent, respectively. For the June quarter, on a consolidated basis, the company generated revenue of Rs 2,230 crore and a net profit of Rs 225 crore.    

Karnataka Bank is now trading at its upper limit of Rs 112.55, up 19.99 per cent from its previous close on the BSE of Rs 93.80

Ahead of the result of the US Fed's policy meeting later today, investors traded cautiously during today's session. However, this 16 per cent dividend-paying stock surged 3.61 per cent to form a triangle breakout. Continue reading to learn more about this stock.

Considering it is governed by a central authority, the volatility risk associated with other digital currencies such as bitcoin is not there while transacting and tracking the transactions will become easier for the government and users alike

While fertilizer stocks were a hot topic in 2022 given strong demand and business outlook for the sector, some smallcap and midcap stocks turned multibagger despite market uncertainty.

An important event scheduled for later today may be the cause of the gloomy mood.

Alembic Pharmaceuticals has recently informed the exchange that it has received final approval from US Food & Drug Administration (USFDA) for Mesalamine Extended-Release Capsules. 

Breaking the four-day gaining streak, the benchmark indices ended lower with Sensex being down by 215.26 points or 0.35 per cent at 60,906.09 level and Nifty declining 62.60 points or 0.34 per cent at the end of the trading session. Apart from metals and pharma, majority of sectoral indices saw selling during the trading session.

Nifty 50 ended at 18,082.80 in the red territory with losses of 0.34 per cent.

A volatile Wednesday came to an end with slight losses as Nifty slipped 0.34 per cent to close below the 18,100-mark. Sensex lost 215 points while Nifty Midcap and Nifty Smallcap also ended marginally lower.

The top low-priced gainers on the BSE that experienced strong buying were Genus Prime Infra, Cargosol Logistics and Market Creators. 

An investment of Rs 1 lakh in the shares of RMC Switchgears Ltd one year ago would have turned to Rs11.93 lakh today.   

New project for setting up a greenfield float glass plant is progressing quite well and we target to commence operations in Q2 FY 24-25

Benchmark indices were unaffected by poor global cues since positive sentiment was boosted by robust corporate profits and new FII investment.

On the sectoral front, in the pre-opening session, metals got hammered by 0.3 per cent, whereas auto and power were trading flat.

On Tuesday, bulls took charge and led Sensex to end 374.76 points or 0.62 per cent higher at 61,121.35 level and Nifty to end 133.20 points or 0.74 per cent up at 18,145.40 level.

Solara Active Pharma Sciences (Solara) has received ‘Certificate of Suitability (CEP) approval for its new state-of-the-art multipurpose API manufacturing facility at Vishakhapatnam.

The market closed near the day's high; the Nifty reclaimed 18k; and the Sensex went up 786 points.

The company is one of the most experienced and focused telecommunication equipment suppliers. 

Nifty 50 extended its rally from yesterday, closing over the 18,100 level. This was supported by strong global trends. In this post, we have identified powerful stocks for November 2 that are having a strong technical setup.

The company is also present in the electric vehicles (EV) segment and has successfully commercialized flame-retardant compound for 2-wheeler segments in EV.

Nifty 50 ended the session in the green territory with gains of 0.74 per cent at 18,145.4.

The stock had made a 52-week low of Rs 0.56 on November 02, 2021 and currently, the stock is trading at Rs 57, which translates into gains of more than 10,000 per cent!  

On a six-month basis, the scrip climbed over 180 per cent and furnished stellar returns of 212 per cent, year-to-date.

Healthcare, Power and Metal led the gainers in today’s session as almost all sectors ended in green, barring the banking stocks. BSE 500 closed for the day with a gain of 0.6 per cent at 24,728.07.   

  Shree Renuka Sugars, Balrampur Chini Mills and Dalmia Bharat Sugar and Industries are among the biggest gainers in the BSE ‘A’ Group.  

The net profit for the second quarter of FY23 grew significantly from a loss of Rs 11.24 crore to a profit of Rs 21.52 crore as compared to the same quarter, the previous year.   

The benchmark indices NSE Nifty 50 and BSE Sensex inched higher today also. Nifty jumped 0.76 per cent while Sensex rose 380 points to close above 61000-level.

Suryalakshmi Cotton Mills, RRIL Ltd and Inducto Steel were the top low-priced gainers on the BSE, that locked at 20 per cent upper circuits. 

In Q2FY23, the company continues to report record quarterly sales, EBITDA and PAT. Consolidated domestic and exports sales continued its growth trend, growing by 57 per cent and 53 per cent YoY.

The benchmark indices reached new intra-day highs in the morning trade. 

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 391.54 points or 0.64 per cent. 

The domestic equity indices cheered on Monday, ending decently higher and Nifty regaining its 18,000 mark.  

The Nifty ended well above 18,000 points. On the BSE, 1,855 shares climbed while 1,698 shares decreased. Overall, 166 shares stayed unchanged. 

The stock is trading at a PE multiple of 23.29x.  

Nykaa, Swan Energy and Supreme Petrochem witnessed positive action in today’s session.   

Every investor looks for ways to preserve and increase their portfolio value from time to time. But for that to happen, you need to save money regularly and invest consistently. Depending on the risk tolerance, time horizon, and the amount of principal that can be invested, there are many ways to grow an investment portfolio. Here are some of the main ways to boost your portfolio returns.

Nifty 50 closed with gains of 1.27 per cent at 18,012.2.

Investors rejoiced as Nifty finally claimed the much coveted 18000 mark. Sensex also soared above the 60000 level. It was a broad based rally on Monday as all the sectors closed positively.

Considering the risk on mode is likely to continue on D-Street, we have chalked down a list of top Small-cap stocks for BSE Small-cap Index for the month of November.

Nifty 50 continues to rise from its September 2022 lows. Investing in solid small-cap stocks makes more sense in light of strong local and global trends. Continue reading to learn more about such stocks.

Sanmit Infra, Mitshi India, and Biofil Chemicals & Pharmaceuticals were the BSE's top low-priced gainers, catching the investors' attention by locking at 20 per cent upper circuits.  

The company got the grant of in-principle authorisation to operate as a payment aggregator from the reserve of India.

The auto index contributed the most in the morning trade gaining nearly 2 per cent. 

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 230.28 points or 0.38 per cent. 

The Nifty Auto index increased 1.63 per cent to close at 13,190.90. In four sessions, the index has risen 3.90 per cent. 

The details of what it means, how it functions, and its advantages are provided here.

In the recently concluded September quarter, Ashish Kacholia aka ‘The Big Whale‘ acquired 3,72,128 shares or a 2.49 per cent stake in the company. The investment has brought the stock to the limelight with the stock gaining 42.51 per cent in the said quarter. 

Watch out for these stocks in Monday’s trading session!

Agarwal Industrial Corporation Ltd is the largest private player in domestic bitumen market. Bitumen is used as a raw material in about 90-95 per cent of the Indian roads.

Mid-cap and Small-cap stocks underperformed broader markets.  

Talking about the sectoral indices, the majority of the sectors ended in red with Nifty Metal and Pharma losing over a per cent each. On the other hand, Nifty Auto and Energy jumped 1.63 per cent & 1.39 per cent, respectively.   

Jindal Worldwide and Infibeam Avenues were the biggest gainers of BSE Smallcap pack that locked in at 20 per cent upper circuits.

Following are the stocks that are seeing fresh selling interest in the F&O segment.

List of the stocks that are witnessing fresh buying interest in the F&O segment.

List of the stocks where sell positions are being covered in the F&O segment.

Shares of TGV Sraac opened today at Rs 158.50, up by roughly 4 per cent from the previous closing. After a sharp fall in the stock price on October 24 to Rs 143.60, the stock bounced back by 10 per cent in just two trading sessions.

Following are the stocks where profit booking is seen taking place in the F&O segment.

The Nifty advanced towards 17,850 level. The price of auto stocks continued to rise for a fourth session in a row.

List of the stocks that are close to their 52-week low.

Here’s a list of the stocks that are close to their 52-week high.

The stock reported its Q2FY23 earnings recently while the company is happy to report another profitable quarter in continuation of the first quarter of this FY after reporting losses in the past nine quarters of the previous financial years. Revenue from operations surged to Rs 836 crore, up by nearly 49.55 per cent on a YoY basis

Expert guidance to subscribers’ queries on stocks held by them.

Technical Analysis of 1 stock (with 15-day horizon)

This indicator measures the percentage of Nifty 50 stocks that are trading above/below their 200-day simple moving averages. The 200-DMA is considered important as it is one of the basic technical indicators that can be used to determine the long-term trend of a security.

Review of 1 stock recommended in the past.

Fundamental Analysis of 1 stock (with 180-day horizon).

Recommendation of 1 stock based on Street Talk (with 7-day horizon)

On the first day of Samvat 2079, the Indian benchmark indices witnessed a gap-up opening; however, nothing much happened thereafter as higher levels saw some trimming. Having said that, the positive news is that the market did not lose out much from the highs!

On Thursday, Indian equity markets saw a solid recovery in the second half of the trading session. 

The Sensex saw growth of 0.36 per cent to close at 59,756.84 today, while the Nifty 50 saw growth of 0.46 per cent to close at 17736.95 level.  

The stock is down 24.6 per cent in the last 6 months, however, it is up more than 7 per cent in just the last five trading sessions. 

The S&P BSE Sensex increased 212.88 points or 0.36 per cent, to 59,756.84.

IIFL Finance, RBL Bank and JSW Holding witnessed positive action in today’s session  

Indices witnessed a fantastic recovery in the last hour of the session as Nifty jumped over 100 points to close above 17,700 level while Sensex managed to put up 212 points on the board. Nifty Midcap and Nifty Smallcap jumped 0.61 per cent & 0.41 per cent, respectively.

The 52-week high and low of the company is Rs 147.70 and Rs 75. The stock saw a spurt in volumes by 3.69 times. 

The top low-priced gainers on BSE that drew investors' attention were Hemang Resources, Bhagyanagar India, and Nexus Surgical & Medicare. 

The major market indices erased some of their gains as they dropped from their morning trade highs. Shares of metal increased for the third session in a row. 

On the day of the monthly expiry, markets opened higher due to strong Asian trends and a weak dollar. In this post, we have highlighted the top five small-cap stocks with stronger revenue and profit growth, a high ROCE, and a low PE.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 148.1 points or 0.24 per cent.

On Tuesday, Indian equity markets ended on a weak note. Nifty 50 slipped 0.42 per cent to close at 17,656.

As per the data revealed by India’s oldest stock exchange BSE, as many as 4060 shareholders have not claimed their final dividend distributed for FY22 as on dated August 17, 2022.  

So, talking about stocks, we all know about Pidilite Industries. It has been a wonderful wealth creator for its shareholders. There is one more stock, which is making the round on D-Street as this could be the next Pidilite Industries. The name of the stock is

In August 2022, the company was awarded the contract for conducting a basic engineering study for an integrated brownfield expansion project at their Ayodhya Facility to AFRY.

During Q2FY23, the bank logged the highest-ever quarterly net interest income and PBT due to an overall improvement in CASA, net interest income, and reduced provisions (excluding tax). Further, the bank was able to beef up the capital-to-risk-weighted asset ratio (CRAR) to a level of 16.04 per cent from 15.74 per cent on a YoY basis.