Nifty 50 registered gains of 0.07 per cent to end at 17,576.3.

Since September 2022 S&P BSE mid-cap index started falling. However, some stocks outperformed the index. Read on to find out more about such stocks.

AUM up by 22 per cent YoY to Rs 18,560 Crores; NNPA down by 118 bps YoY to 0.83 per cent. 

Nifty and Sensex managed to put up minor gains ahead of Diwali weekend. The benchmark index closed at 17,576 while Sensex gained 100 points.

Omkar Speciality Chemicals, TechIndia Nirman, and DC Infotech & Communication were the top low-priced gainers on BSE that locked at their 20 per cent upper circuits. 

RPEL produces quartz-based ramming material, quartz powder, and tundish board. Products are marketed and sold under the Raghav brand name.

Eris Lifesciences Limited, a leading Indian branded formulations manufacturing company, today announced its earnings for the second quarter and half year ended of FY23.

Interestingly, the company delivered good profit growth of 36.9 CAGR over the last five years and has a good return on equity (RoE); the track record of a 3-year RoE stood at 33.1 per cent.

On the sectorial front, the bank, financial services and consumer durables shares advanced while media, IT and metal stocks declined. 

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 74.54 points or 0.125 per cent.

The increase in US yield, global market weakness and decrease in INR induced selling pressure in the domestic market. 

Nifty 50 registered gains of 0.30 per cent to end at 17,563.9.

The stock's volume on BSE increased by more than 18.59 times today.

By hitting back-to-back upper circuits, the stock has skyrocketed more than 750 per cent year-to-date!

Review of 1 stock recommended in the past.

Nifty closed above the 50-DMA for the second successive day. It opened on a pessimistic note and tested the level of 17,421, which is a crucial support level, and bounced thereafter. It also faced resistance at a 61.8 per cent retracement level for the second straight day.

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

This Diwali promises a lot of bargain hunting for investors as several stocks are available at a hefty discount! The past one week has shown us that bulls can throw weight even when there are several concerns weighing the markets.

The stock rallied 4.32 per cent on October 20

The Nifty50 followed the same path and added 51 points as well, ending the day at 17,563 points. 

Tax Queries By Jayesh Dadia Chartered Accountant 

Shares of Alstone Textile have skyrocketed in a very small timeframe, giving 163 per cent price returns in the last one month and 656 per cent price returns in less than 2 months.  

We Remain Bullish On Domestic Economy-Facing Sectors

The benchmark indices i.e. NSE Nifty 50 and BSE Sensex 30 managed to recover from their early gap-down openings and closed in green. Nifty jumped 0.30 per cent while Sensex gained nearly 100 points.

A lot has changed from the previous Diwali to this Diwali for the equity markets. If the mood was optimistic during last year’s festive season, this year the mood is that of cautious optimism. Yogesh Supekar discusses the market behaviour that has been prevalent in the past one year while also focusing on what to expect in the coming year. Alongside, the DSIJ research team shares their top 10 picks for ‘mahurat’ trading.

Due to price hikes, energy shortages and supply chain disruptions brought on by Russia’s invasion of Ukraine, the German government downgraded its economic projections for the ensuing two years. In contrast to the earlier estimate of 2.2 per cent, this year’s output is now anticipated to be 1.4 per cent.

Risk aversion may develop as a result of the prolonged uncertainty surrounding the RussiaUkraine conflict, in which Russia has threatened to use nuclear weapons to occupy portions of Ukraine. Flows may be diverted to assets with lower risk levels, like gold.

With changing trends and preferences such as the demand for natural fibres, the textile business in India is making its footprint in the modern era by implementing new methods of production and distribution. In this article, Shreya Chaware explains how this will augur well for its steady growth over the years to come.

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

Omkar Speciality Chemicals, Fervent Synergies, and DC Infotech & Communication were the top low-priced gainers on BSE that got locked at their respective 20 per cent upper circuits. 

Despite the volatility coursing through the Indian equity markets, mutual funds have become the saving grace for investors to park their funds. In this article, Vardan Pandhare highlights those sector funds that could prove to be game-changers in time to come

Some of the bank’s primary goals under its vision include being a relevant banking partner, collaborating with all stakeholders to deliver sustainable growth and leading the market in terms of productivity, technology and efficiency.

Considering that the dividend amount can vary almost every year, some kind of cushion has to be provided either by investing additional amount or creating an emergency reserve for this purpose

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

The global tremors are becoming increasingly violent. There have been consistent cases of being up one day and down the other with big swings. Gap opening and intraday recoveries have become habitual for the equity markets.

Pace E-Commerce Ventures Limited came out with an initial public offering of 64,59,600 equity shares of Rs.10 each (“Equity Shares”) for cash at a price of Rs. 103 per equity share (The “Offer Price”), aggregating to Rs. 66.53 crore.

Is mutual fund SIP a better option than stocks for real wealth creation? Which will give more return in the long term? 

The FMCG and IT sectors ended up being the top gainers. While the leading losers were the consumer durables, car, bankex and financial services. 

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 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 this edition, we have reviewed Indiabulls Housing Finance Ltd and Gillette India Ltd. We suggest our reader-investors to HOLD Indiabulls Housing Finance Ltd and Gillette India Ltd.

Transportation And Logistics:The New Sunrise Sectors

This section gives a recommendation of a stock having a stock price below Rs 150 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.

Diwali is regarded as one of the most auspicious days for purchasing gold. However, with so many options for investing in gold widely available, it adds to investors’ perplexity. In this article, Henil Shah explores the importance of having exposure to gold as well as multiple ways to invest in gold, and also reveals which is the wisest approach to invest in gold this Diwali.

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

I really appreciate the way you have explained the business cycle fund in your special report. 

Compared to its competitors, the Indian market is doing better. In the second week of October, the yield on the 10-year government bond of India decreased to nearly 7.4 per cent. Additionally, the annual wholesale inflation rate has fallen to 10.70 per cent.

This Diwali is special in many ways because we have slight indications that the war is nearing its end, inflation is peaking and the market is in the process of bottoming out.

Your cover story in the previous issue meticulously explained the sectors that stand to benefit from the emerging China Plus One story. Can you shed some light on whether the domestic pharmaceutical sector will also gain from this strategy?

A lot has happened since last Diwali that has led to the underperformance of the equity market globally. In fact, the equity market is yet to touch the level that we traded at last Diwali. The uncertain characteristics of the economy were misread by even the battery of experts from Ivy League.

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 426.75 points or 0.72 per cent.

Prestige Group has registered sales of Rs 3,511 crore in the July-September period against Rs 2,111.9 crore in the year-ago period.

For the fourth continuous trading session, the domestic benchmark indices ended higher. The majority of the sectors traded similarly to the benchmark indices and ended higher in a flat to the marginal pattern.

The stock is trading at a PE multiple of 8.67x. 

Nifty 50 closed in the green territory at 17,512.25 with gains of 0.14 per cent.

Following the same course, Nifty 50 also rose by 25 points to finish the day at 17,512 level. 

The rupee hits a fresh record low against the dollar and is above the 83-mark.  

DC Infotech & Communication, LKP Finance, and K&R Rail Engineering were the top low-priced gainers on BSE that locked at their 20 per cent upper circuits. 

While IT, media and pharma companies had slight declines, shares of oil and gas, financial services and private banks were in high demand. 

Gold industry participants understand that environmental and social concerns are increasingly important in shaping investment and policy decisions

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 357.78 points or 0.6 per cent.

This company has a 15 per cent market share in the global refractory market.

The company has recorded highest disbursements and registered a year on year 358 per cent growth for H1 and quarter on quarter 85 per cent growth for Q2 FY’22-23.

BHEL and NHPC witnessed positive action in today’s session.    

On Tuesday, Indian equity markets closed the session with decent gains.

Nifty 50 also increased by 175 points to conclude the day at 17,486 level, following the same path.

The broader markets closed positively on Tuesday amid positive investors’ sentiment. Nifty surged 1.03 per cent to close just below 17,500 level while Sensex rose 550 points.

Net Profit up by 102.93 per cent to Rs 535 crore in Q2FY23 on a Y-o-Y basis as against Rs 264 crore for Q2FY22. The same is up by 18.40 per cent on a Q-o-Q sequential basis.

The top low-priced gainers on BSE that got locked at their respective 20 per cent upper circuits were Gokul Agro Resources, K&R Rail Engineering, and California Software Company. 

Nifty 50 had a massive gap opening on strong global trends. In this post, we have identified a few stocks with solid technical setups experiencing price volume breakouts.

A listed company issues bonus shares due to free reserves & surplus as well as to add fresh capital.

The power, FMCG, auto, capital goods and services sectors have soared by more than 1 per cent each. 

At the pre-opening bell, the frontline index S&P BSE Sensex opened in red with a loss of 155.99 points or 0.26 per cent.

The company works with over 46 client governments including diplomatic missions, embassies & consulates and leverages technology and processes that ensure data security.

After opening in the red zone, the markets made their way into the green territory and held their gains throughout the session.  

Shares of IRB Infrastructure Developers Ltd opened at Rs 215 and reached a 10.67 per cent intraday high at Rs 241.50

On Monday, Indian equity markets saw healthy buying after opening on a flat note.

In the first quarter of FY23, the bank had exceptional growth of over 110 per cent, making a net profit of Rs 228.75 crore as opposed to Rs 108.87 crore in the same period of FY22. 

Sensex, after a robust day, settled in green post ascending 491 points at 58,410 level.

Sun Pharma, Divis Laboratories Ltd, Aurobindo, Piramal, Thermax, and Voltas are among the company’s clientele.

Nifty 50 began the day lower and ended around the day's high. However, certain stocks have seen a golden crossing.

Indian Bank, Bank of Maharashtra and Canara Bank witnessed positive action in today’s session 

Indices closed nearly at the day’s high as Nifty jumped above 17,300 level. The benchmark index inched higher by 0.473 per cent while Sensex jumped nearly 500 points.

Tejas Networks Ltd, an S&P BSE SmallCap company, has delivered multibagger returns to its shareholders in the last two years. 

At noon on Monday, the headline equity indices, i.e. Sensex and Nifty 50 are trading marginally higher amidst extreme volatility & recession fears. 

On the other hand, Asia Pacific markets are seen giving mixed signals with Japan’s Nikkei 225 trading lower by 1.16 per cent while Shanghai climbing 0.29 per cent. 

The bankex, financial services and power sectors on the BSE saw the biggest gains amongst all sectoral indices. 

The following penny stocks are likely to be in focus on Monday, October 17, 2022. 

Following the path, Nifty 50 too scaled up by 171 points to close the day at 17,185 level. 

The domestic markets portrayed a decent surge on the last day of the current week. Strong recovery in the global indices and upbeat earnings led to a gap-up start but the latter half witnessed profit-taking, which half-faded the gains.

Usually, the rights issue is offered at a discount but there is no specified limit that a company can offer a discount on its rights issue. So, here comes a big loophole!

This multi-bagger textile stock has been hitting the upper circuit since June 1, 2022. 

When investing in a fixed-income mutual fund, an investor must consider the risks involved in it. Here are the two most important factors to consider!

The company has a strong customer base worldwide with exports to Gulf and Middle East countries. It has also expanded its reach to Europe and USA

We will be talking about dividend champion stock, which has not only given regular dividends but also, offered multi-bagger gains in the last three years as it generated nearly 4x returns. What’s icing on the cake is that the stock is trading in single-digit PE! 

The multibagger stock has defied the frontline index S&P BSE Sensex which has given negative returns of 4.90% in the last one years, as compared to Suratwwala Business Group which has zoomed by 204%. 

Investing in the share market during an inflationary period can boost corporate profits, especially when companies pass on higher input costs to customers through price hikes. It also means that for investors it is more important than ever to start putting their long-term savings in the stock market.

Investments as a segment have always been there in the form of land, gold, stocks, mutual funds and investing in other people's businesses/startups as an asset class. Angels are those who have additional cash in hand and who want to invest it in other vehicles for rewarding arrangements. While earlier investments in other people’s businesses were made with lower risk appetites, in today’s time, the market has opened up and so has the risk appetite. But the startup investment asset class is a different ball game. Very rewarding but very risky, if essential elements are overlooked.