From 2010-to 2018, the bank credit (excluding SLR loans) was about 50-52 per cent of the nominal GDP, which has now slipped below 45 per cent as against the world average of 89-90 per cent. Following this, the investment rate (gross fixed capital formation) of India in terms of GDP percentage has also declined, causing a slowdown in GDP growth rate. Hence, the declining trend of bank credits must be reversed, particularly in the productive sector. Failing this, the growth rate of GDP might remain below projections. 

BSE Sensex closed with a loss today, falling by 236 points to close at 54,052 levels.

Nifty witnessed selling pressure towards the end as it tumbled below the 16,150-mark to close at 16,125.15.

Venus Pipes & Tubes has a great start after listing as the scrip hit the upper circuit of 5%. The issue price range of the IPO was Rs 310- 326. Currently, the trading has been halted at Rs 351.75. It has rewarded its shareholders by listing at a premium of 7.9 per cent from the higher end of the issue price range.

Olectra Greentech, Zomato and CarTrade Tech Ltd are today's mid-day movers.

Aside from the other systematic and unsystematic risks, investing in a mutual fund entails fund manager risk. In this post, we talk about fund manager risk and the steps to resolve it.

 Around noon on Tuesday, the core equity indices i.e., Sensex and Nifty 50 were trading marginally higher amidst mixed global cues.The Asia Pacific markets dipped as the US president announced tariff cuts on Chinese goods. 

On Tuesday, Indian markets opened in the red amid considerable volatility, owing to mixed global cues. Nifty Bank, auto, and public sector undertakings gained ground. On Sensex, FMCG was down by 0.89 per cent, IT plunged 1.29 per cent and healthcare slipped 0.83 per cent while all other indices were somewhat higher. 

In a series of steps taken by the government of India, it announced the levy of Export Duty on Pellets Nil to 45 per cent and increased the duty on Iron Ore lumps from 30 per cent to 58 per cent. Also, an Export Duty of 15 per cent was announced on export of Pig Iron.

After ending the previous session in red, frontline index S&P BSE Sensex opened in green today. By 9.15 am, the index gained nearly 92 points, or 0.17 per cent higher than the previous close.  

Aether Industries is engaged in the manufacturing of specialty chemicals.

IHCL also aims at re-structuring its portfolio and achieve a 50:50 mix between its owned/leased and managed hotels.

On Monday, markets erased the gains in afternoon trade after not being able to recover post the export tax imposed on steel products. The benchmark indices ended marginally lower in the volatile session on Monday. 

Brooks Laboratories Ltd, Jyoti Structures Ltd and Easy Trip Planners (EaseMyTrip) Ltd witnessed positive action in today’s session.  

On Monday, the domestic equity benchmarks closed near the flat line, with a slight negative tilt. While metal equities were heavily selling, IT and auto companies ended the day in the green. Inflation concerns, impending expectations of fast interest rate rises, and a weakening global economic outlook all weighed on investors' minds. 

In 2021, technological innovations, differentiated business models, and a liquidity flux drove transaction activity amid a record-breaking funding rush. PE activity reached an all-time high in 2021 and recorded 2,044 deals worth a whopping value of USD 64.9 billion, up by 44 per cent in volume and 53 per cent in value from 2020. This has led to the rise of 42 unicorns in 2021. 

BSE Smallcap index underperformed broader markets, recording losses of 0.73 per cent to close at 26,158.79.

Nifty managed to close above 16200 after a sharp sell-off in the last one hour. In the end, the benchmark index closed lower by 0.32 per cent while Sensex lost about 37 points.

We are well-positioned to grow in our segment, given our superior research and strong distribution capabilities, emphasizes Sandeep Bhardwaj, CEO, Retail, IIFL Securities. 

Markets have been highly volatile with a bearish bias, providing an excellent opportunity to buy businesses with strong fundamentals. We will identify top stocks with growing net and operational cashflows in this post.

As the Centre cuts excise duty on petrol by Rs 8 per litre and diesel by Rs 6, several states have followed the suit by reducing VAT on petrol and diesel. Auto, realty, and logistics stocks are rallying on the bourses on the back of this positive news, being beneficiaries of the ease in petrol and diesel price. 

During Monday's opening bell, Indian markets were flat despite strong volatility, mirroring mixed global trends. On the domestic front, the auto index climbed 1 per cent to boost the broader markets, while metal stocks fell 8 per cent in early trading. The market's performance comes after the government announced an excise duty drop of Rs 8 per litre on petrol and Rs 6 per litre on diesel. 

At 11.30 am on Monday, the core equity indices i.e., Sensex and Nifty 50 were trading marginally higher amidst mixed global cues. The Asia Pacific markets showed mixed signs on Monday as global uncertainties continue to worry the investors. 

The frontline index S&P BSE Sensex opened in green today. Within the first 15 minutes of the day, it made a gain of 0.25 per cent. 

As the adage goes ‘A picture is worth a thousand words’, it is no different for a price action trader.

Going ahead, the stock selection is going to be of paramount importance and hence, we have chalked down a list of stocks that are likely to outperform. 

As bulls took charge of today’s session, Metal and Realty emerged as the biggest gainers among sectoral indices. At the closing bell on May 20, the Sensex closed with significant gains of 3 per cent or 1582.93 points to close at 54,375.16, while the Nifty index gained 2.9 per cent or 456.75 points at 16266.15. 

 Welspun Corp, JK Lakshmi Cement and Nava Bharat Ventures witnessed positive action in today’s session.  

After starting the week on a cheering note to falling in the middle of the week, the benchmark indices again rose on Friday to end the week higher. Following global cues, the Indian equity markets witnessed substantial volatility where Sensex 30 & Nifty 50 zoomed between 2 and 3 per cent.

Highest put option open interest contract was added at a strike price of 16000 for expiry on May 26. 

The current market sentiments are affected by factors such as rising inflation, aggressive monetary tightening, the Russia-Ukraine war, rising cases of COVID-19, and the rise in the crude price. In the last one month, the benchmark indices have fallen over 5 per cent whereas India VIX jumped 23.35 per cent, depicting hefty volatility. 

BSE Smallcap index climbed 2.13 per cent to close at 26,351.29.

Despite the current supply challenges, KPIT Technologies has been consistently investing in newer technologies and exploring new frontiers. In this interview, Priya Hardikar, Senior Vice President and Head Corporate Finance and Governance, elaborates about the growth strategy of the company. 

Let's understand the concept of Cash Flow and Fund Flow.

The indices soared, thanks to the gains in the index heavyweight - Reliance Industries and HDFC twins.

BSE Realty, metal and healthcare stocks were the most upper band hitters. No sector closed in the red today.

Welspun Corp Ltd, engaged in manufacturing steel pipes, has jumped by over 20 per cent to hit the upper circuit and create a fresh 52-week high, from its previous close of Rs 208.75. The stock opened at Rs 09.60 and has made its day high of Rs 250.50, where the trading in stock is halted and which is also its fresh 52-week high. It was today’s top gainer from the A group.

At 2 pm on Friday, the core equity indices i.e., Sensex and Nifty 50 recovered the losses from the last trading session and were trading higher by 2.50 per cent each.    

Foreign Institutional Investors have recently been net sellers in the market. However, in this post, we will highlight the top stocks in which FIIs have increased their stakes.

Welspun Corp Ltd, IRB Infrastructure Developers Ltd, and Hindustan Aeronautics Ltd are today’s mid-day movers.    

All the sectoral indices on NSE rose with metal, real estate, and auto stocks gaining the most. Besides, Nifty traded just above 16,150 points.

The company targets to reduce debt by Rs 35 crore-Rs 40 crore in FY23, out of which, Rs 9 crore has already been paid in April 2022. 

Due to the global sell-off, the Indian equity markets traded under pressure with Sensex rattling 1,416.30 points or 2.61 per cent ending at 52,792.23 level while Nifty declining 430.90 points or 2.65 per cent at 15,809.40 level.  

Highest put option open interest contract was added at a strike price of 14300 for expiry on May 26. 

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

Review of 1 stock recommended in the past.

Sentiment Indicators.

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

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

BSE Smallcap index tanked 2.29 per cent to end the session at 25,801.04.

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

Editor's views on the capital markets, stock reviews and buzz on Dalal Street.

At the closing bell on May 19, the Sensex closed worse off than it started the week with a loss pf of 2.6 per cent or 1416.30 points to close at 52,792.23, while the Nifty index shed 2.7 per cent or 431 points at 15,809.40.

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.

On Thursday, the equity indices fell due to negative global indicators. All the sectoral indices of NSE ended in the red. All the stocks in the information technology, metals, and media sectors fell. Nifty closed just beyond 15,800 points. Due to the expiry of the weekly index options on NSE, trading was choppy. Nifty’s Information Technology index fell 5.74 per cent to 28,352.15. In just two trading sessions, the index has dropped 6.18 per cent. On Thursday, the European and Asian stock markets also fell. Futures on Dow Jones index were down by 423 points, signalling a bad start in the US stocks today.

During the weekend while many of us were busy partying or maybe completing some unfinished household work, Adani Group was busy striking a deal! Holcim has signed a binding agreement for Adani Group to acquire its business in India, comprising a 63.11 per cent stake in Ambuja Cements, which owns a 50.05 per cent interest in ACC along with a 4.48 per cent direct stake in ACC.

Tax Queries by Jayesh Dadia, Chartered Accountant

Nifty Midcap and Smallcap ended with a loss of 2.66 per cent & 2.17 per cent, respectively. 

ITC is the largest cigarette manufacturer in the country. ITC operates in five business segments i.e. FMCG cigarettes, FMCG others, hotels, paperboards, paper & packaging, and Agribusiness.

Downturn in equity markets and the prospect of higher interest rates, along with rising inflation, coupled with China’s struggle to contain the pandemic and the ongoing Russia-Ukraine tussle have kept commodities under pressure

Currently, the equity markets are trading amidst an extremely volatile environment. In the past couple of months, the worries over inflationary pressure and policy tightening by the global central banks have been stretched majorly by the geopolitical crisis in Europe as well as the new wave of COVID-19 in China. 

The company is all set to reap rich rewards considering the positive long-term outlook for the real estate and hospitality industry and the company’s relentless focus on innovation, quality services and better efficiencie

In the course of the past fortnight, a majority of Asian stocks fell to an almost two-year low while the US dollar hit its highest in two decades. Data indicates that US’ inflation is very high and hurting investor sentiments due to aggressive interest rate hikes to control it.

On Account of the intensified selling pressure in the broader market, the benchmark indices declined to near their previous swing low.

In this edition, we have reviewed Tech Mahindra Ltd. and General Electric T & D India Ltd. We suggest ourreader-investors to HOLD Tech Mahindra Ltd. and General Electric T & D India Ltd.

This section gives decisive investment rationales to our subscribers on the stock queries they have raised to our research team

Your cover story is titled 'Investing in Multi-Cap Funds'

Investors often look at various theories to understand and predict stockmarket behaviour. Lindy Effect is one such theorised phenomenon whichhelps explain certain aspects of choosing stocks. Shreya Chaware deepdives into the Lindy Effect and deliberates on whether it can be useful inthe investing process

Time to Increase your SIP Amount

The scrips in this column have been recommended with a 15-day investment horizon in mind and carry high risk.

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

CARE Ratings Ltd, Chennai Petroleum Corporation Ltd, and Rashtriya Chemicals & Fertilizers Ltd are today’s mid-day movers.    

Net profit margin is one of thekey tools for determining thefinancial health of a company.The metric demonstrates acompany’s ability to convertsales into profits and alsofurnishes an insight into how wella company is run. Armaan Madhani explains how investorsmust properly analyse thevarious facets of profitability

At noon on Thursday, the core equity indices i.e., Sensex and Nifty 50 fell sharply as the global markets took a deep plunge after the earnings results of corporates like Target and Walmart failed to meet expectations by a large margin

The equity market seems to be trading in a range and there are hardly any triggers to move the needle either way. Even the current earning season till now is at best a mixed bag.

This section gives a recommendation of a stock having stock price below Rs 150 with sound fundamentals and expected to give handsome returns over a one-year time horizon.

Public Provident Fund (PPF) is one of the most preferred investment avenues by individuals looking for a long-term tax saving instrument with low risk to park their hard-earned money. Let us look at what makes PPF so popular while also taking a look at Equity Linked Savings Scheme (ELSS)

Volatile markets call for investors to be cautious. Market correction often leads to investors rethinking their original portfolio strategy and asset allocation. Deep market corrections also lead us to focus on the safety net of high dividend-yielding stocks. Yogesh Supekar discusses the importance of having high dividend-yielding stocks in the portfolio while also highlighting the emerging opportunities in the market owing to steep correction

Floating rate funds are Debt Funds that must invest a minimum of 65 per cent of their portfolio in floating rate instruments. These funds provide considerable diversification, thereby reducing the overall portfolio risk.

On Thursday, Sensex and Nifty traded down, reflecting sluggish global markets. During the morning session in the Indian markets, banking, financial, IT, pharma, and metal companies weighed the most. As investors' attention switched to inflation risk, it has remained a major headwind for the Indian as well as the global markets.

Value investing consists of buying unappreciated or ignored stocks which have good fundamentals and are available at attractive prices. Value investors seek stocks that are priced attractively relative to a stock’s intrinsic worth. For instance, they look for stocks selling at temporarily low multiples relative to their book value, cash flow, earnings or sales.

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.

When your personal finances are out of balance, it makes you unhappy financially, therefore it's time to realign them. Continue reading to learn how to improve your finances.

Bears dominated the Indian equity markets over the recent fortnight. 

The BSE Sensex is down by more than 8 per cent on YTD basis in 2022 so far while it is down by more than 11 per cent from the highs of 2022.

The cover story published in the previous issue decently sums up the Q4FY22 results’ impact on the equity markets.

Investing in Multi-Cap Funds Diversification is the key to success in equity markets and multi-cap funds serve the diversification needs better than flexi-cap funds. In this article, Henil Shah shares insights on multi-cap funds and also compares them with flexi-cap funds and large & mid-cap funds

The company is a licensed certifying authority that issues certificates to individuals and institutions from digital signature certificates for ITR filings, banking, etc. to enterprise solutions which include digital security, paperless transformation and others. 

The stock has been gaining for the past five consecutive sessions, and has gained over 25.75 per cent. 

Activity in the F&O market for the weekly expiry tomorrow shows 16000 to act as support now.

National Fertilizers Ltd, Triveni Engineering and Industries Ltd, and JK Paper Ltd witnessed positive action in today’s session. 

On Wednesday, the headline equity indices, Sensex and Nifty ended slightly lower after a positive opening in the morning session of the trade.  

The stock has gained 30.13 per cent & 27.37 per cent over the last five days and one month, respectively.

On Wednesday, in the final hour of the trading session, the benchmark indices were trading marginally lower. Underpinned by pharma and FMCG stocks, the domestic market was on a steady run in the first half of the trading session. The UK market opened lower as the sentiment was disturbed by rising retail inflation numbers and cautiousness of sharper rate hikes.  

BSE Smallcap index outperformed broader markets by recording gains of 0.33 per cent and closing at 26,404.78.

Gen Z and millenials are today’s biggest contributors to the stock market and that is how the future trend will unfold too, says Prabhakar Tiwari, CGO, Angel One Ltd., in this exclusive interview.

The current rising yields present an opportunity for retail investors, expresses Puneet Pal, Head - Fixed Income, PGIM India Mutual Fund. 

Orient Bell's stock got locked in the upper circuit after its consolidated net profit increased by 100.12 per cent in March 2022 quarter. 

Wockhardt, Sudarshan Chemicals and MRPL are witnessing positive action in today’s session.

At 12.30 pm on Wednesday, the core equity indices i.e., Sensex and Nifty 50 were flat as the global markets were also exhibiting positive cues today.    

Investing in the stock market is an effective way to create wealth as well as a hedge against inflation. If done prudently, stock investments can give returns much higher than other forms of investments such as real estate and fixed incomes. However, the stock market is multifaceted, complex, and volatile. To make smart returns, one should know the pulse of the market, and understand how it functions.