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. 

S&P BSE Sensex soared 270 points to 54,569.18 at 10.30 am. S&P BSE Midcap index also scaled up by 126 points and trades at 22,827.49 levels. 

If you fancy buying highly luxurious ever-expensive watches like Rolex, Arnold & Son or H. Moser & Cie., then for you, Ethos is the place you need to check out. Ethos is India’s largest retailer for premium and luxurious watches.

Highest put option open interest contract was added at a strike price of 16000 for expiry on May 19.

With the opening up of Shanghai in June, the metal index rebounds after being penalized by 15 per cent in the last one month. In today’s session, metal stocks rallied taking the S&P BSE Metal Index up by 7.6 per cent.

Vedanta, Hindustan Copper and Hindalco witnessed positive action in today’s session.  

Our objectives are to grow our customer base, grow revenues, and increase profitability; states Prakarsh Gagdani, CEO, 5paisa Capital Ltd. 

For the second consecutive session in the week, the equity markets traded in green and ended the trading session on a cheering note. Towards the end of the trading session, all Sensex stocks were trading higher with Tata Steel, ITC, Reliance Industries, Maruti Suzuki, and ICICI Bank being the top gainers. Sensex settled higher by 1,344 points or 2.54 per cent at 54,318.47 level while Nifty climbed 417 points to end at 16,259.30 level. 

BSE Smallcap index climbed 2.78 per cent to close at 54,318.47.

In April 2022, India's wholesale pricing index (WPI) inflation rate was 15.08 per cent, up from 10.74 per cent in April 2021.

The net profit of Fredun Pharmaceuticals soared 214.34 per cent to Rs 6.33 crore.

Larsen & Toubro Infotech, a global technology consulting and digital solutions company is expanding its global partnership with Google Cloud. LTI is setting up a dedicated Business Unit for Google Cloud’s six key solution pillars: Application Modernization, Data Management, Infrastructure Modernization, Smart Analytics, Artificial Intelligence, and Security.

AJR Infra and Tolling Ltd, AMJ Land Holdings Ltd, and Coal India Ltd are today’s mid-day movers.

At 12.30 pm on Tuesday, the core equity indices i.e., Sensex and Nifty 50 were trading  higher owing to mixed global cues and a tech rally in the global markets. 

As it's turning out to be a fantastic day for domestic indices, markets continue to have an overall bearish tone, and buying businesses with great fundamentals at lower valuations makes sense. Continue reading to learn more about such stocks.

Sensex moved ahead of the 53,500 barrier early in the day while Nifty 50 broke the resistance level of 16,000. The volatility is higher as investors remain cautious, owing to inflation concerns, a dull economic outlook, a rise in Brent crude oil prices, and the Chinese lockdown.

MSME sector has been a key contributor to the country’s GDP. Even during the pandemic times, it showed tremendous resilience, helping the economy recover faster from the lockdown market dip. One of the key sectors that have outshone others and registered tremendous growth is the textile & apparel (T&A) MSMEs. 

Nifty 50 and BSE Sensex closed above the levels of 16,200 & 54,300, respectively.

The company is primarily engaged in manufacturing, trading, distribution and sales of a variety of complex fertilizers

Though the frontline indices ended with modest gains, the real action was witnessed in the broader markets. Nifty Midcap and Small-cap indices outperformed the frontline gauge. 

BSE Smallcap index outperformed the broader markets, recording gains of 1.15 per cent to end at the 25,605.99 level.

The group confirmed the deal to acquire Holcim’s stake in Ambuja Cements and ACC Ltd for $10.5 billion or Rs 81,361 crore. Holcim owns 63.19 per cent in Ambuja Cements and 4.48 per cent in ACC Limited.

At the closing bell on May 16, the Sensex closed with nominal gains of 0.3 per cent or 180 points to close at 52,973.84, while the Nifty index gained 0.4 per cent or 60 points at 15,842.30. 

 Elgi Equipments, NB Ventures and Avenue Supermarts witnessed positive action in today’s session.  

The barometers finished slightly higher, halting the six-day losing trend. Buying pressure was seen in banking, real estate & auto stocks while selling pressure was seen in the IT and FMCG companies. The share of Avenue Supermarts (D-Mart) soared 10 per cent. The stock of Eicher Motors jumped 7.75 per cent. Balkrishna Industries rose 8.11 per cent after reporting a 36 per cent increase in the net revenue.   

On Monday, the auto & banking stocks kept the benchmark indices in the positive territory as the rising inflation and its impact on discretionary spending kept investors cautious. 

The rising inflation and Federal Reserve's rate hike fuelled the rally in the dollar.

At 2.30 pm on Monday, the core equity indices i.e., Sensex and Nifty 50 were trading at the day’s low, with the markets reacting to the global markets.  

Operating revenue for FY22 grew by 37 per cent (YoY) to Rs 621.7 crore. 

Markets lost over 12 per cent from April 5, 2022, to date, while it dropped little more than 8 per cent over three months. Continue reading to find out what MF investors should do.

Black Box Ltd, Varroc Engineering Ltd, and Sun Pharma Advanced Research Company Ltd are today’s mid-day movers.   

Monday’s trading session began on a pleasant note with Sensex touching the 53,000 level and Nifty 50 crossing the 15,900 mark. Global yields, economic outlook, April WPI inflation data, and the ongoing corporate earnings of big businesses may all influence investors’ interest in Indian equities. Banking, financials, realty, telecom, auto, and metal sectors attained more than 1.5 per cent each, indicating widespread buying. 

Goodwill is defined as the value of the reputation of a firm built over time, taking into consideration the expected future profits over and above the normal profits. Goodwill is an intangible real asset, which cannot be seen or touched but has an existence in reality and can also be purchased & sold. Goodwill valuation plays an important role in a partnership.  

During the weekend while many of us were busy partying or maybe completing some unfinished household work, Adani Group was busy striking a deal!  

This growth was broad-based coming from both cost per converted user (CPCU) business and non-CPCU business across India as well as international markets.

So, the important question is that if the pullback is in the sight, which stocks should traders keep on their watchlist?  

The shares of telecom, realty & autos were in demand while IT, Teck, and FMCG stocks dragged the market down.

Axis Mutual Fund holds nearly 3.56 per cent stake as per the quarter ended March 2022.  

Activity in the F&O market for the weekly expiry on May 19 shows 15000 to act as support now. 

The past couple of years had a profound impact on the consumers’ lifestyles, and home buying is not an exception! The iterations of lockdown, followed by the gradual opening of the markets and recovery periods have entailed some significant changes in home buying in India. From searching for a home to buying the right product type, there is a steady and visible shift taking place. 

The global and domestic equity markets witnessed a steep decline this week due to concerns over growth expectations amid rising inflation levels. Sensex and Nifty 50 index declined close to 3 per cent each whereas BSE Midcap & BSE Smallcap indices saw a higher correction in the range of 5-6 per cent. Majority of the sectoral indices traded in the red during the week. 

During these volatile scenarios in the global markets, it is always difficult to make profits during gap-ups and gap-downs. Most of the action is factored in during huge gap-ups and thus, considerable gains are off-table for the traders.

Tata Elxsi Ltd, AU Small Finance Bank Ltd, and Adani Power Ltd witnessed positive action in today’s session. Let’s find out why! 

We continue to strongly focus on winning opportunities in the USA as it is one of the biggest IT markets in the world, emphasizes Mridul Maheshwari, Senior Manager, Corporate Development, InfoBeans Technologies Ltd. 

After a tumultuous session on Friday, the domestic equity indices ended near the day's low. A sharp sell-off in the final hour of the trading session wiped out all profits and pushed global benchmarks down. Sectors that were in green include the auto, FMCG, and pharmaceutical industries while metal, financial services & banking sectors ended in the red.

BSE Smallcap index outperformed broader markets, ending at 25,315.75 with gains of 1.28 per cent.

Tata Motors, Sun Pharma, M&M, ITC and HUL closed higher despite weakness in the market and were the top gainers. 

Poonawala Fincorp, Credit Access Grameen and RBL Bank witnessed positive action in today’s session 

It's a good idea to start your investigation by looking at what stocks the large fund houses are buying and selling. In this post, we will highlight the top stocks bought and sold by SBI Mutual Fund in April 2022.

The market participants have given big thumbs up amid consolidated net loss narrowed.