BASF India, Vesuvius India and HIL soar on the back of strong Q4.

The company is an independent retail wealth management services group in India and is amongst the top mutual fund distributors in terms of average assets under management and commission received.

Highest put option open interest contract was added at a strike price of 16000 for expiry on May 12. 

Ajay Bijli, Chairman, PVR says, “We were in the rescue phase earlier; we are in the revival phase now, and then comes the reimagination phase, where we will definitely look for the diversification.”  

On Monday, concerns over the weakening rupee, global interest rate hikes, and tightening lockdowns in China forced the markets to take a downward trend. Sensex closed down by 364.91 points or 0.67 per cent at 54,470.67 while Nifty settled 109.40 points or 0.67 per cent lower at the 16,301.90 level. 

On Monday, the benchmark indices remained in the negative region. The barometers fell further for the second day in a row. During the day, metal and FMCG were among the major losers. Dow Jones index futures in the United States were down by 398 points, implying a bad start to the day for US stocks. On Monday, the European markets fell along with most Asian markets as investors worried about the country's chronically high inflation rate. 

BSE Smallcap index significantly underperformed broader markets by sinking 1.67 per cent to close the session at 26,641.21.

On such a volatile day, Nifty closed lower by 0.67 per cent at the 16,301.85 level. Sensex tanked about 364 points while Nifty Midcap and Nifty Smallcap closed lower by 1.78 per cent & 2.52 per cent, respectively.    

Out of the net proceeds, Venus intends to use around Rs 108 crore to fund ongoing capacity expansion and Rs 25 crore for working capital requirement and general corporate purposes.

Axis Mutual Fund, the seventh-largest AMC in terms of assets under management (AUM), banned two fund managers for front running. Continue reading to learn more.

Equitas Holdings Ltd, HCL Technologies Ltd and HIL Ltd are today’s mid-day movers.

Delhivery is a fast-growing logistic solutions provider company primarily engaged with e-commerce players. 

The market opened on a negative note thereby, reflecting the worldwide market weakness caused due to the selling pressure from foreign institutional investors (FIIs), who were concerned about growing inflation and interest rate hikes. Tech Mahindra, Reliance, JSW Steel, Tata Steel, and Induslnd Bank are among the worst performers.  

After witnessing a drawdown of over 1.5 per cent in the previous trading session, the equity market index S&P BSE Sensex opened in red today. 

BSE Smallcap index underperformed the broader markets by tanking 2.10 per cent on the last trading session of the week to close at 27,092.41.

Highest put option open interest contract was added at a strike price of 15100 for expiry on May 12. 

Vardhman Textiles, CSB Bank and Ratnamani Metal witnessed positive action in today’s session.

Worries over interest rate hikes alarmed the investors during Friday's trading session. As a result, the benchmark indices started the trading session deep in the red. A sharp fall was seen in the US stocks as the market identified the need for a higher rate hike to sustain higher inflation levels affected the global markets with heavy selling.  

Real estate is a long-term game and that is how it needs to be played out. The trends in real estate are not generally dictated by market moves but are underpinned by structural fundamentals. The fluctuations in the economy & market can make financial assets, bearish or bullish. However, using the very same parameters to assess your real estate investments might be counterproductive. Real estate is a long-term investment and it follows sound policies and structural fundamentals. 

The domestic equity indices ended the week with heavy losses, mirroring global cues. Banks, financials, autos, IT, and metals were among the worst-performing sectors. NSE's India VIX, a gauge of the market's anticipation of volatility over the short term, climbed 4.71 per cent to 21.25. Three employees of Axis Mutual Fund, including MD and CEO Chandresh Nigam, have rumored to have made a scam of Rs 1,000 crore, putting redemption pressure on all Axis MF schemes. Viresh Joshi and Deepak Agarwal of Axis MF have been replaced as fund managers.

 Indices have closed lower amid volatility. Nifty slipped 1.63 per cent to close the week at 16,411. Besides, Sensex tanked about 866 points while Nifty Midcap and Nifty Smallcap plunged 1.79 per cent & 2.53 per cent, respectively.  

Investing in a mutual fund is a process that requires some basic knowledge as well as market awareness. An investor either invests with the help of an intermediary or may conduct research in order to invest on his own. That is where the importance of ‘evaluation of mutual fund’ comes into the picture! 

Hindustan Food Ltd, Vardhman Textiles Ltd and Hikal Ltd are today’s mid-day movers. 

At the time of today’s trading bell, Indian markets took a tremendous drop, spurred by a broad-based sell-off across the sectoral indices. IT, metal, and real estate equities took the biggest hits, losing 2 per cent each. The stock of Hindustan Foods climbed 4.55 per cent to Rs 1,865.80. On May 20, 2022, according to the corporation, the board of directors of Hindustan Foods will discuss a stock split. Meanwhile, the stock of Blue Dart Express increased 1.28 per cent to Rs 6,915.55. The company's overall net profit increased by 52.2 per cent to Rs 13 crore 67 lakh. 

Fone4 Communications (India) Limited and Nanavati Ventures Limited become the 373rd and 374th company respectively, to get listed on the BSE SME Platform on May 06, 2022.

In the previous trading session, the frontline index S&P BSE Sensex ended the day with minor gains of 0.06 per cent. However, in the pre-opening session today, the index opened in red, down by 0.51 per cent to the level of 55,419.83 and by 9.15 am, it fell to 54,928.29, which was a decline of 1.39 per cent. 

Activity in the F&O market for the weekly expiry on May 12 shows 17000 to act as resistance now. 

When it comes to surprising the markets, central banks do seem to take the lead. This time too, the central bank i.e. the Reserve Bank of India surprised the markets big time, stunning the market participants by going for a rather abrupt 40 basis points hike in policy rate, accompanied by hike in CRR rate by 50 basis points.

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

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

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

BSE Smallcap index underperformed broader markets closing in the red territory at 27,673.97, down by 0.32 per cent.

On Thursday, the core equity indices faded most of the intraday gains and ended on a flat note in the highly volatile session. Additionally, US index futures indicate a subdued start on Wall Street later today.

With US Federal Reserve going ahead with an aggressive rate hike and most global central banks following suit, a sense of uncertainty is flowing through the world markets

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

On Thursday, the domestic equity indices concluded the day with minor gains, mirroring mixed global indications. After hitting a high of 16,945.70 in the early session, Nifty ended below 16,700. Banks, FMCG, and real estate stocks fell while IT & metal stocks rose.  

In this edition, we have reviewed Marico Ltd. and KCP Ltd. We suggest our reader-investors to HOLD Marico Ltd. and KCP Ltd.

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

It was a disappointing day as Nifty lost nearly all its gains in the last couple of hours. In the end, Nifty closed flat at 16,682. Moreover, Nifty Midcap and Nifty Smallcap closed on a mixed note.   

Bank Nifty is a popular tradable derivative instrument that several investors and traders bet on a regular basis.

The shares of Laxmi Organic Industries Ltd plunged 6.29 per cent to Rs 397.60 despite posting good Q4FY22 numbers. Besides, the 52-week high value of the company’s share is Rs 628.05. 

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

Your cover story titled ‘Are Passive Funds Disrupting the MF Industry?’

Sell in May and go away seems to be the most appropriate decision for those investors who cannot handle increased volatility in the equity markets.

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.

The Indian power sector is advancing at a fast pace with an ever-increasing demand for power.

As an investor, you face numerous challenges through your investment time horizon, such as choosing the right mix of assets and investment options as well as ensuring that investments remain on track to achieve your investment goals.

The Company is definitely an outperformer as the stock is up by 53.30 per cent whereas benchmark indicator Nifty Small-Cap 100 has been up only by 0.34 per cent in the last one month

Tax queries by Jayesh Dadia Chartered Accountant 

Larsen and Toubro Ltd, Hind Rectifiers Ltd and State Bank of India are today’s mid-day movers.

The Indian equity markets have been trading on shaky ground since the start of 2022. With global markets also feeling the heat of rising inflation, mutual funds have become an apt investment avenue in the medium to long term. The article takes a look at what focused funds have to offer

Investments through mutual funds help one attain various financial goals. If planned well, mutual fund schemes are not only financial products but they are also solution providers, irrespective of whatever category of an investor one may be.

As the earnings season gains momentum, investors will be eyeing quarterly results to gauge the future trajectory of stock markets at the beginning of the new financial year. Armaan Madhani analyses Q4FY22 results, highlighting the hits and misses while the DSIJ Research Team decodes the sector-wise performance of the current earnings season

After a volatile week, Nifty formed an inside bar last week as it traded within the previous week’s range. It traded in the range of 489 points, formed a long upper shadow candle and resembled a shooting star candlestick pattern

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.

What is your outlook on the Indian energy sector? These are exciting times for the Indian economy and its energy sector.

At 11.45 am on Thursday, the core equity indices i.e., Sensex and Nifty 50 were trading higher by 1.30 per cent each after reaching their day’s high of 1.57 per cent. This surge in their levels comes after Federal Reserve Chairman finally hiked the funds' rates by 50 basis points on Wednesday.   

Fed Chairman also made clear that it is not planning to hike the rates by 75 basis points in the upcoming meeting in June.   

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.

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.

The RBI surprised the market yesterday by raising key policy rates by 40 basis points. What effect would this have on debt fund investors? Let us investigate.

After Reserve Bank of India (RBI) lifted the repo rate by 40 basis points (bps) to 4.40 per cent at an off-cycle meeting on Wednesday, the Indian markets opened on a positive note on Thursday. The domestic equities saw widespread buying with the bank, auto, and IT sectors leading the market. The sole laggard in the early session was the consumer durables sector.

Frontline equity indices Nifty 50 and Sensex ended the fortnight on a flat note with marginal losses of 0.19 per cent each on the back of weak global cues and mixed fourth quarter results.

The cover story published in the previous issue regarding interest rate hikes and rising inflation levels was highly informative.

In FY22, the company has achieved a consolidated turnover of Rs 284.4 crore with a profit before tax of Rs 28 crore, exhibiting growth of 97 per cent on a YoY basis.

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 

The company’s reliance on NBFC funding is a mere 5 per cent of the total borrowings and has significantly reduced its reliance on the higher cost of funding. Around 63 per cent of its borrowings are from banks. 

The equity markets continue to stay volatile, and it is no time for the bulls to relax.

Hybrid funds are a lethal combination of equity and debt funds. However, it is usually difficult for a first-time investor to select the best fund among the many accessible possibilities. Henil Shah sheds some light on the hybrid fund category in this story and advises first-time investors in picking the correct hybrid fund

In a surprise move on Wednesday, RBI Governor announced a 40 bps hike in the repo rate to 4.4 per cent, which sent shockwaves across the stock and bond markets.

We are extremely positive about economy-facing sectors like infrastructure, banking, capital goods and housing, expresses Santosh Meena, Head of Research, Swastika Investmart Ltd 

Activity in the F&O market for the weekly expiry tomorrow shows 16500 to act as support now.

ONGC Ltd, Gujarat Ambuja Ltd and Rain Industries Limited are today’s market movers.

On Wednesday, the domestic equity barometers fell and ended near the day's low. Nifty fell below 16,700 points. The stocks have dropped across the board. Following Reserve Bank of India's surprise rate hike announcement, the bourses witnessed a significant sell-off today (RBI). Monetary Policy Committee (MPC) agreed unanimously to raise the policy repo rate by 40 basis points to 4.40 per cent. The cash reserve ratio (CRR) was also hiked by 50 basis points to 4.50 per cent by the central bank. "CRR hike might suck liquidity out of the banking industry to the tune of Rs 83,711.55 crore," the Governor stated. 

BSE Smallcap index plunged 2.11 per cent to close the session at 27,762.59.

On Wednesday, the domestic equity markets were driven majorly by events namely the commencement of the IPO of Life Insurance Corporation (LIC) and an increase of 40 bps in repo rate by Monetary Policy Committee (MPC).  

Sensex tanked over 1,200 points and was trading at 55,775.81.09, down by 2.11 per cent, after RBI Governor announced a 40 bps rate hike in the repo rate at 2 pm on May 4, 2022.  

Nifty 50 also was down by 2.09 per cent and was trading at 16,712.80 levels.  

Indices ended nearly at the day’s low while Nifty plunged about 2.29 per cent to close at 16,677. Sensex tanked about 1,306 points amidst RBI’s decision to increase the repo rate by 50 bps.

Being a successful mutual fund investor necessitates a strong foundation. Continue reading to learn how to invest in mutual funds.

Onmobile Global Ltd, Cosmo Films Ltd Paisalo Digital Ltd, are today’s mid-day movers.

Shashwat Furnishing Solutions Limited and Global Longlife Hospital & Research Limited became 371st  and 372nd company, respectively to get listed on BSE SME Platform on May 4, 2022.

The crude oil price slipped by a per cent and was trading at $103.6. Meanwhile, the bond yields are higher and touched the 3 per cent mark today, in anticipation of the rate hike to be announced by Federal Reserve.  

Indian markets opened with losses amid high volatility during opening bells on Wednesday. Only Oil & Gas out of all the sectoral indices on the NSE edged higher. On the BSE Sensex, the sectors trading in green are Realty, Energy, Oil & Gas, and Information Technology. Stocks of Britannia Industries jumped 5.50 per cent to Rs 3452.60, as it reported a 4.3 per cent rise in consolidated net profit to Rs 379.87 crore. 

After declining 0.15 per cent in the previous trading session, the frontline market index S&P BSE Sensex opened flat today.

Eris Lifesciences Limited, a leading Indian branded formulations manufacturing company, yesterday announced its acquisition of a 100 per cent stake in Mumbai-based dermatology focused domestic formulations company Oaknet Healthcare Pvt Ltd for a total consideration of Rs 650 crore.

Sustaining above this zone would confirm follow-through buying interest and in that case, it would open gates for upmove towards the levels of 21,700.

Adani Wilmar Limited (AWL), one of the largest and the fastest-growing packaged food FMCG companies in India offering a wide array of consumer products

On Tuesday, Dwarikesh Sugar Industries Ltd announced its audited financial results for the quarter and fiscal year ended March 31, 2021. The CMP of the stock is Rs 123.50. The stock appreciated by 65.77 per cent in the last six months whereas in the past one year, it has given a staggering return of 146.51 per cent.  The company declared the highest-ever dividend interim dividend at 200 per cent.

Many well-known investors like Warren Buffet, who famously said that diversification is a protection against ignorance, espouse the virtues of concentrated portfolios for wealth creation. Indeed, many of us could replicate their successes if we had their analytical skills, long time horizons, the ability to accept mistakes and course-correct, and the equanimity to stay put through extreme market movements.

Gold is quite popular during festive events, especially on the pious occasion of Akshaya Tritiya. In this post, we will discuss the top gold funds in which you may invest on this pious occasion.

Highest put option open interest contract was added at a strike price of 17000 for expiry on May 5. 

The total revenue for the year stood at Rs 624.1 crore, up by 68.9 per cent from the previous year. In FY22, the company raised its sales volume by 43.3 per cent while increasing the EBITDA margin by 100 basis points. Rubber chemicals, lubrication additives, speciality chemicals, etc. are gaining massive popularity. Its export company has contributed 64 per cent of sales and is still growing. This was largely due to the outstanding quality of the company's products and long-term ties with its key customers. The company witnessed a significant margin pressure this quarter, as a result of unpredictable raw materials pricing, rising energy, and freight expenses.

Chennai Petroleum, NCL India and MRPL witnessed positive action in today’s session. 

Along with our thrust on export, our continuous endeavour on higher capacity utilisation has resulted in a reduction of financial cost and better profitability, expresses Mahesh Chandra Garg, Chairman and Managing Director, Goodluck India Ltd. 

In India, more than 90 per cent of the trading is done in the derivatives segment. However, the fun fact is that most of the traders lack knowledge about it.  

On Monday, the equity indices continued their losing streak into the second trading day, finishing with minor losses. After touching the day's low of 16,917.25 in the early trade, Nifty managed to settle above the 17,050 mark. The market was supported by metal, private bank & media stocks while auto, IT, and consumer durables witnessed selling pressure. The domestic sentiment was harmed as a result of poor global signals.

On Monday, the benchmark Indies settled on flat note in the volatile session with selling witnessed in the capital goods, auto and IT indices.However, some buying was seen in the FMCG, metal, power and realty names. The rising dollar index, FII selling spree and rising commodity prices triggered the risk sentiment.