The company uses ore to generate sponge iron, which is subsequently processed through several steps to manufacture end products, resulting in cost-effectiveness. This makes the fabrication of MS Pipes and Scaffolding more cost-effective. All final goods at various phases serve as inputs for the next process, allowing for product mix changes based on market demand & supply, market location, and gross margins.  

Activity in the F&O market for the weekly expiry tomorrow shows 17000 to act as strong support for tomorrow’s trade. 

Reliance Industrial Infrastructure Ltd, Bigbloc Construction Ltd and Dilip Biocon Ltd witnessed positive action in today’s session.

Heavy sell-off in the global markets, rising energy crisis, and subdued Chinese economic outlook led to a dip in the domestic markets. The benchmark indices ended the trading session lower. 

Reliance Industries made history by becoming the first Indian company to cross Rs 19 lakh crore in market capitalisation.

BSE Smallcap index slipped 0.56 per cent, ending at 28,756.97.

On Wednesday, the equity indices lost ground during a tumultuous trading session. All NSE sectoral indices ended in the red, with the exception of the media index. The imminent LIC IPO and weak global cues prompted an exodus of equity. Today, the European stocks were trading higher. The bulls in today's session were IIFL Securities, Reliance Industrial Infrastructure Ltd, Bombay Dyeing, KPIT Technologies, Ruchi Soya, and Adani Power.

 Indices traded lower amid volatility. Nifty took the support of 17,000 and closed above it. It closed lower by 0.97 per cent and Sensex lost about 537 points.

Mahindra Logistics Ltd, Veranda Learning Solutions Ltd and Omaxe Ltd are today’s mid-day movers.

Everyone desires to live a prosperous life, but only a few can do it. In this post, we'll uncover the keys to living a prosperous financial life.

At 12.30 pm on Wednesday, the core equity indices i.e., Sensex and Nifty 50 fell sharply and were trading almost a per cent down, owing to a weaker global market scenario. All the sectors on BSE were trading in the red with BSE IT, BSE Metal, and BSE Telecom dragging the markets even more. However, India VIX surged 7.50 per cent today.  

Concerns about growing inflation, interest rate hikes, and potential damage to global economic development weighed heavily on Indian markets, which opened on a downbeat note. In the intraday trading today, Reliance Industries climbed 1.14 per cent, setting a new intraday high of Rs 2,827.10. The company's market valuation has reached Rs 19 lakh crore. Mahindra Logistics increased 10 per cent to Rs 523. Wipro is set to pay $540 million for consulting business ‘Rizing’. The stock of Lasa Supergenerics received a fresh order worth 50 crore rupees, resulting in a nearly 3 per cent increase in the share price.  

The equity markets are trading volatile and the majority of shares have delivered negative returns in April 2022 so far; however, the shares of the newly-listed Veranda Learning are seen creating wealth for its shareholders. The shares of Veranda Learning have jumped at least 70 per cent from the levels of Rs 131.25 per share seen on April 11 this year. In just 11 trading sessions, the shares of Veranda Learning have gained by 70 per cent.

Nashik based NSE and BSE listed, KBC Global Ltd has informed exchanges that a meeting of the Board of Directors is scheduled to be held on April 29, 2022 to consider and discuss the possibility of entering into the mining business internationally.

Engaged in healthcare sector, the company primarily focuses on pediatric, obstetrics and gynecology fields.

After climbing 1.37 per cent in the previous trading session, the broad market index S&P BSE Sensex witnessed a decline today.

Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) and Reliance Industries Limited (RIL), have signed the formal Shareholder Agreement for the TA’ZIZ EDC & PVC project. Reliance is India’s largest diversified conglomerate and a strategic partner with Abu Dhabi National Oil Company (ADNOC) and ADQ, an Abu Dhabi-based investment and holding company, in TA’ZIZ EDC & PVC, a world-scale chemicals development at the TA’ZIZ Industrial Chemicals Zone in Ruwais. 

On Tuesday, the headline equity indices i.e. Sensex and Nifty ended on a higher note by regaining their lost levels of Monday.  

The company declared its first interim dividend for FY23 of Rs 1.25 per share. 

Positive global markets, and cooling off of crude oil prices lent positive support to Indian counterparts.

Taking favourable cues from the other Asian markets, the domestic equity markets gained momentum and traded substantially in green, breaking the losing streak of the previous two trading sessions. The oil market, still driving a roller coaster ride with the prices, moved up and down sharply.  

BSE Smallcap index underperformed broader equity markets, recording gains of 0.76 per cent and closing at 28,918.83.

Indices remained firm throughout the day. Nifty surged about 1.46 per cent and closed at 17,200. Sensex gained around 776 points while Nifty Midcap and Nifty Smallcap rose by 1.61 per cent & 1.24 per cent, respectively.    

Markets have become unpredictable and volatile in recent times, which may be attributed to a variety of global and local events. In this post, we listed the top Nifty 500 stocks using the CANSLIM approach.

Premier Explosives Ltd, Apollo Tyres Ltd and Shakti Pumps 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 by one per cent each, recovering losses from the last trading session. 

In the morning, the benchmark indices rose sharply on the back of resilience in index pivotals. With more than 2 per cent, BSE Power and BSE Auto sectors are in the lead. Today, corporations such as Bajaj Finance (up by 2.22 per cent) will release their quarterly results. The share of Bombay Dyeing & Manufacturing Company is currently trading at 129.75, up by 4.59 per cent. Also, the shares of Adani Wilmar gained 5 per cent as the company is set to announce its quarterly results on May 2.

Known for its famous ‘Campus’ shoe brand, the company is a strong player in sports and athleisure footwear industry.

The stock has rewarded its shareholder with handsome capital appreciation and testimony of this is the fact that it has jumped 155.4 per cent in the last one year.

After falling 1.08 per cent in the previous trading session, the broad market index S&P BSE Sensex witnessed a rally today.

Quant smallcap returned a whopping 52 per cent in the last one year. However, is it a consistent player? We shall find out in our in-depth review. So, keep reading.

Highest put option open interest contract was added at a strike price of 16900 for expiry on April 28.

At the time of market closing, the core equity indices i.e. Sensex and Nifty 50 were seen extending their losses even further today. The falling global markets, due to earnings session and rising bond yields, coupled with a 3 per cent drop in crude oil prices, witnessed a heavy sell-off on Wall Street.  

Extending the fall of the previous trading session, the benchmark indices ended Monday's trading session deep in the red. The markets were dragged by losses in metals, energy, realty, and information technology stocks.  

Domestic equity bourses Sensex and Nifty traded amid weak global cues on Monday and settled lower. The market weakness hit realty and metal shares. On the other hand, banking stocks rebounded on the back of ICICI Q4 results. 

BSE Smallcap index underperformed broader markets by recording losses of 1.80 per cent and closing at 28,722.50.

Indices remained weak throughout the day and Nifty closed below the 17,000-mark. It slipped about 1.27 per cent while Sensex tanked over 617 points.

The stock of A2ZINFRA is extremely bullish and has gained over 40 per cent since its prior swing low in just seven trading sessions.  

The stock has delivered a strong performance on an MTD basis as it went up by over 20 per cent.   

India has always been known for its delicate fabrics, beautiful designs, and traditional textiles. The Indian textile & apparel industry is flourishing and the industry’s growth rate has increased multi-fold in the past few years. In fact, it is one of the few industries that recovered faster and recorded remarkable growth even during the pandemic. Textile exports alone were worth US$ 1.19 billion as of December 2020. 

Bal Pharma Ltd, Religare Enterprises Ltd, Gokul Refoils and Solvent Ltd are today’s mid-day movers.

Nifty dropped below the crucial 17,000 mark. Barring banks and auto shares, selling pressure was seen across the board. Today, the share in focus is Borosil Renewables, which plunged over 4 per cent. The gaining stocks in focus are Jayant Agro, ICICI Bank, and Apcotex. Equity indices trimmed initial losses in the morning trade. Kohinoor Foods was locked in an upper circuit of 5 per cent at Rs 13.2 on BSE. The company's board will consider raising funds through the rights issue. On BSE, Kohinoor Foods was stuck in a 5 per cent upper circuit at Rs 13.2. 

Founder of Twitter Jack Dorsey created a non-fungible token (NFT) out of his first-ever Twitter post. 

After falling by 1.23 per cent in the previous trading session, the broad market index S&P BSE Sensex witnessed a further decline today.

Fertiliser prices are spiking as input prices are affected by uncertain geopolitical trends.   

Highest put option open interest contract was added at a strike price of 17000 for expiry on April 28. 

BSE Smallcap index also underperformed the broader markets, closing at 29,247.98, down by 0.38 per cent. 

Arihant Capital Market Ltd, Borosil Renewables Ltd and NACL Industries Ltd are today’s market movers.

Key threat to the healthcare sector is essentially more regulations & delays in the execution of government initiatives like Ayushman Bharat and National Digital Health Mission, expresses, Aditya Khemka, Fund Manager, InCred Healthcare Fund, InCred Asset Management.

At market close today, the core equity indices i.e. Sensex and Nifty 50 were down by 1.25 per cent each. Weaker global cues, the aggressive rate hike confirmation from FED Chairman, and rising bond yield in the US coupled with a volatile rally in technology sector stocks have led to the bloodbath on the bourses yet again.  

Our advice to investors is to look through the volatility and stay invested in low to moderate duration funds, states Parijat Agrawal, Head - Fixed Income, Union Asset Management Company in this exclusive interview.

Fading the two days’ gaining momentum, the benchmark indices ended in red on Friday. The hawkish statement from the US Fed lowered the sentiment globally including in domestic markets. 

Before starting, let’s take a quick glance at some figures! In India, between March 2021 and December 2021, the total assets under management (AUM) of ETFs rose nearly 40 per cent in India to Rs 4,02,601 crore. The market reports inform that with 122 ETFs in December 2021, there has been a rise of more than 18 per cent in the total number of ETFs during this period. 

 Indices witnessed selling pressure towards the end as Nifty fell about 150 points from its intraday high.

 At 3  pm on Friday, the core equity indices i.e., Sensex and Nifty 50 fell sharply, owing to weaker global cues. FED Chairman Jerome Powell announced a rate hike in May, that too by 50 basis points in order to curb the inflation levels that have hit a 40-year high.

KBC Global Ltd is a first-generation construction company. It has established a brand name as “Hari” for all its projects. 

Sterlite Technologies Ltd, Schneider Electric Infrastructure Ltd, Borosil Ltd, and Elgi Equipments Ltd are today’s mid-day movers.

The share of OnMobile Global is in an uptrend. To put into perspective, the stock's price is at Rs 181.50 and has rallied nearly 10 per cent in today’s morning session. Furthermore, in one month, the stock has given an astounding return of more than 50 per cent while in a period of one year, it skyrocketed by 73.15 per cent.   

On April 22, 2022, post the reports of quarterly earnings, the shares of Aditya Birla Money, Hindustan Zinc, Tata Metaliks, Tejas Networks, and Wendt (India) climbed 1.14 per cent, 0.66 per cent, 0.98 per cent, 1.46 per cent & 1.19 per cent, respectively. Meanwhile, ahead of its quarterly earnings set to release on April 23, 2022, the shares of ICICI Bank plunged 1.40 per cent.  

Mutual funds have grown significantly as an investment vehicle over the years. Dr Lubna Ansari, Assistant Professor and Coordinator at the Unit Department of Business Administration, Aligarh Muslim University, explains.

The stock of L&TFH is quite bullish and surged over 2 per cent during Friday’s trading session. With this, it has given a breakout from its downward-sloping trendline and registered heavy volume.

On Friday, the markets opened on a weaker note with Sensex slipping beyond 500 points and Nifty declining over 160 points on the back of weak global cues.  

After climbing 1.53 per cent in the previous trading session, the broad market index S&P BSE Sensex declined today.

Shares of Fredun Pharmaceuticals have more than doubled in less than six months.

On Thursday, the bulls took the charge and forced the benchmark indices to close on a higher note. The broader markets also replicated the benchmark indices and closed in green. 

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

In Q4 FY 2021-22, Gensol revenue increases by 190 per cent year over year. The company performed well in the last quarter, which concluded on March 31, 2022 (Q4). In addition to good news, the lot size of the stock has also decreased from 2128 to 523 per lot. The shares of Gensol Engineering skyrocketed by 41.45 per cent in just one month. Also in a period of five months, a staggering jump of 327.38 per cent was seen by the stock. Furthermore, the stock has zoomed by 624.15 per cent in just a year. 

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

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The Indian benchmark indices kicked off the week with a big gap down amidst below street expectation earnings reported by index heavyweights Infosys and HDFC Bank. Infosys opened below its important long-term moving average of 200 DMA and it touched levels which were last seen in the month of July 2021.

Highest put option open interest contract was added at a strike price of 17300 for expiry on April 28.

 The rally was witnessed on the back of strong Q4 results by the broking house. Net revenue for the quarter rose by 64.28 per cent on a YoY basis to Rs 671.28 crore while net profit doubled to Rs 204.76 crore. PAT margins jumped by 554 bps and came in at 30.50 per cent. 

Mutual funds are one of the most effective long-term wealth-creation vehicles. In this post, we discuss the finest mutual funds for long-term wealth growth. So, keep an eye out!

Rally was seen in the afternoon session in stocks like Reliance Industries, Infosys, and HDFC twins. ICICI Securities plunged 6 per cent despite reporting an increase in Q4FY22. Everest Kanto Cylinder's wholly-owned subsidiary joins a joint venture; the stock rises 5 per cent. PNC Infratech receives Rs 37.02 crore bonuses for the early project completion; stock skyrocketed 8 per cent. The stock of DJ Mediaprint & Logistics soars over 5 per cent after securing a deal from Maharashtra Government.

U GRO Capital, a listed MSME lending fintech platform, on Tuesday filed its monthly business updates, which indicated the company's healthy growth in the last one year. 

BSE Small-cap index climbed 1.46 per cent, closing at 29,396.56.

Indices closed higher for the second consecutive day. Nifty surged about 1.49 per cent to close at 17,392.60 while Sensex gained around 875 points at the end of the day. 

Your special report titled ‘Pros and Cons of Rebalancing a Portfolio’ was quite enlightening.

The shares of Texmaco Rail and Engineering Ltd surged to almost 4 per cent on Thursday. The shares off Sugar, Power and Cement companies are on the rise in the afternoon session of the bourses.  

Angel One Ltd, one of the leading stockbrokers in India, has jumped over 12.3 per cent from its previous close of Rs 1,625 with its strong Q4 numbers. The stock opened at Rs 1,763 and has made its day high of Rs 1,835 which is also its fresh 52-week high.

Dalal Street Investment Journal has returned with the much-awaited DSIJ PSU Awards. Public sector undertakings are primarily government-owned corporations wherein 51 per cent or more of the paid capital is held by the central government or by any state government or partly by the central government and partly by one or more state government. In India, PSUs play a versatile role, which leads to a strong foundation for industrial development. Focusing on infrastructure development and expansion, these corporations aim to accelerate economic growth.

 Atul Auto Ltd, PNC Infratech Ltd and Alphalogic Techsys Ltd are today’s mid-day movers. 

The recommendations provided in this column are taken from various market sources such as brokers, analysts, dealers and investment strategists, etc.

In this edition, we have reviewed Ester Industries Ltd. and Escorts Ltd. We suggest our reader-investors to HOLD Ester Industries Ltd. and Escorts Ltd.

Is Active Portfolio Management Worth the Rewards?

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 current inflation levels that are at a multi-decade high are causing lot of worries for global equity investors. It is inflation levels and the fear of rising inflation that remains a key risk for the equity markets in FY23. For long-term investors it is worth studying the impact of inflation and interest rates on equity prices. Yogesh Supekar explains the trend while also highlighting which sector stands to gain the most from such dynamic market changes.

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

One of the key factors that define the level of investment success you can achieve is your ability to keep investments on track over varied time horizons. The constant changes in the economic scenario and volatile financial markets make it quite a challenging task.

CG Power and Industrial Solutions Limited (CGPISL) is a global leader and pioneer in the management and application of electrical energy.

Managing Personal Finances In FY23 Now that the pandemic is on its way out and the economic scenario is limping back to normal, it is time to take stock of your own financial status and tick off the right things while making amends for things that have gone wrong.

Rising inflation concerns and the World Bank’s cuts about India’s GDP growth forecast dented the market sentiment while the disappointing earnings by heavyweights like Infosys and HDFC Bank added fuel to fire, which resulted into intensified profit booking.

Every individual has a dream of creating wealth and retiring early. However, most often these dreams are left unfulfilled owing to the thought that the recipe for wealth creation is a complicated one. This is far from truth as in reality the secret to wealth generation is nothing but a combination of the right mindset and strategy. Through this article, you will learn five methods to build wealth in a systematic manner.

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.

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 

Notable large-cap bulls include RIL, Coal India, and Adani Ports. Nifty PSU Bank and Consumer Durables outpaced the market by more than a per cent each. Metal stocks have seen a slight decline. In terms of sectoral indices, Nifty Realty outperformed, surging over a per cent while other indices were in the green. Angel One jumped nearly 7 per cent. The company reported a 100.8 per cent rise in consolidated net profit.

At 10 am on Thursday, the core equity indices i.e., Sensex & Nifty 50 were trading higher, owing to strong global cues from the US markets and a reduction in the 10-year treasury yield. Major companies like HCL Technologies, CRISIL, L&T Technology Services, Cyient, ICICI Lombard General Insurance, Nestle India, and Tata Communications are set to announce their Q4 results today.