Persistent Systems announced that it intends to join IBM’s ecosystem of partners using IBM’s new automation foundation and IBM Cloud Paks for automation.  

The shares of Graphite India fell by more than 4 per cent on Wednesday after the company announced that it is shutting down its ICGE division at Nashik due to the rising Coronavirus cases.  

On Wednesday, the domestic benchmark indices ended in the negative territory on weak global cues. While Sensex plunged more than 400 points, with a majority of equities closing in red, the shares of the companies belonging to Godrej Group beat the odds.  

Dr Reddy’s Laboratories Limited along with its subsidiaries today announced the launch of Ertapenem injection, which is a therapeutic equivalent generic version of Invanz (Ertapenem injection). The company received approval from US Food & Drug Administration (USFDA).

Lead by Tata Motors, Motherson Sumi, and Amara Raja Batteries, the BSE Auto index is back in green!  

ITD Cementation India Limited, a domestic construction engineering company, announced this afternoon that it has secured two orders worth Rs 950 crore.   

On Wednesday, Aurionpro Solutions announced that its subsidiary, SC Soft will be amongst the key partners of Monterey-Salinas Transit (MST) as it becomes the first transit agency in California to offer a contactless payment system.   

Cadila Healthcare Ltd, a global pharmaceutical company, announced today that its wholly-owned subsidiary, Zydus Animal Health & Investments Limited (ZAHL) has entered into a business transfer agreement (BTA) to sell & transfer its animal healthcare established markets undertaking (Zydus AH) to a consortium, which is led by Multiples Alternate Asset Management.

Equity MFs witnessed net inflows for the second straight month, though it was lower than the preceding month. Read onto find out more.

Suumaya Industries Ltd, a domestic company, which is engaged in the business of garment manufacturing for women, announced this morning that it has forayed into agri-trading business during March quarter of FY21.  

The market opened in red on May 12, 2021, overall volumes in futures & options currently stand at 4,62,06,497 contracts with a turnover of Rs. 42,73,308.97 crore.

The market opened in red on May 12, 2021, overall volumes in futures & options currently stand at 4,62,06,497 contracts with a turnover of Rs. 42,73,308.97 crore.

The market opened in red on May 12, 2021.

As the pharmaceutical sector is a defensive play, an investor may consider allocating 5 to 10 per cent of their corpus in such funds for the long term. 

 Dr Reddy's Laboratories: The company announced the launch of Ertapenem for injection in the US market.

Here is a list of the best-performing equity MFs in the month of April 2021.

Hinduja Group’s, NXT Digital Limited has entered into a partnership with one of the largest multi-system operators (MSO) in the country i.e. SITI Networks Ltd for sharing its infrastructure facility via headend-in-the-sky (HITS) platform. 

On Tuesday, GRM Overseas Limited, one of India’s leading basmati rice exporters announced that its subsidiary, GRM Foodkraft Pvt Ltd has entered into a memorandum of understanding (MoU) with Reliance Retail Limited (JioMart) to place its products in Reliance stores.  

Ruchi Soya Industries Limited has signed a business transfer agreement (BTA) with Patanjali Natural Biscuits Pvt Ltd (PNBPL) to acquire its business of manufacturing, packing & labelling of biscuits, cookies, rusk and other associated bakery products.

NTPC, GAIL, and Adani Transmission are seen contributing to BSE Utilities index with Nava Bharat Ventures topping the index, winning charts with nearly 12 per cent gains in today's session.  

The market opened in red on May 11, 2021.

The market opened in red on May 11, 2021, overall volumes in futures & options currently stand at 2,74,55,683 contracts with a turnover of Rs. 25,76,380.57 crore.

The market opened in red on May 11, 2021, overall volumes in futures & options currently stand at 2,74,55,683 contracts with a turnover of Rs. 25,76,380.57 crore.

Deepak Nitrite Limited (DNL) is a trusted name in the chemical industry, having a product portfolio of basic chemicals, fine & speciality chemicals and performance products. The company's stock was trading at Rs 518.10 at the same time last year whereas today, it is trading at Rs 1,775, which records a 242.60 per cent rise.

UPL Limited has informed the bourses that its subsidiary has entered into a licence agreement with the Japanese company, Meiji Seika Pharma Co., Ltd. for exclusive access to Flupyrimin for rice in Southeast Asia.

It is also the best indicator to find out the swing highs & lows. It is an advanced derivative market mood or a sentiment indicator that gives clues well before other indicators. It provides clues to traders about the market tops before it turns.  

Dabur: The company announced its entry into the pain relief spray market with the launch of Ayurvedic ‘Dabur Rheumatil Spray’. The product, priced at Rs 130 for a 40g/57ml pack, would be made available across all leading e-commerce platforms and also, via regular retail channels.

Parag Parikh Mutual Fund launched its conservative hybrid fund: Parag Parikh Conservative Hybrid Fund on May 7, 2021, and is currently open for subscription. Read onto find out more about it.

Broad Put addition was seen in Nifty at 14,800-14,900. The 14,900 strike price saw the addition of 27.77 lakh shares  in open interest while 14,800 strike price witnessed the addition of 15.78 lakh shares.

Vivimed Labs Limited announced that it has got approval to manufacture & market favipiravir tablet 200 mg & 400 mg under Vivimed’s own brand name 'Favulous' across India.

Among the bouquet of pharmaceutical stocks, one stock that stands out is Lupin. The stock is up by 15 per cent month-to-date and it is trading above its important moving average.

During Monday’s trading session, the stock of NMDC jumped more than 9 per cent and made an intraday high of Rs 201.90 per share. In the last one month, the stock of the company has risen by 50 per cent.

Generic Engineering Construction & Projects Limited has bagged new work orders worth Rs 101.77 crore for various institutional projects from reputed clients, existing as well as new, which inter alia includes residential, commercial, industrial and educational projects.

Jindal Steel & Power Ltd (JSPL) today announced that it has made a prepayment of Rs 2,462 crore to its term lenders. This is in line with the company's goal of debt reduction and building a robust balance sheet with an optimum capital mix.

Cipla Limited today announced it has signed a royalty-free, non-exclusive voluntary licensing agreement with Eli Lilly and Company, USA.

The market opened in green on May 10, 2021, overall volumes in futures & options currently stand at 2,18,32,633 contracts with a turnover of Rs. 20,49,035.27 crore.

The market opened in green on May 10, 2021, overall volumes in futures & options currently stand at 2,18,32,633 contracts with a turnover of Rs. 20,49,035.27 crore.

The market opened in green on May 10, 2021.

TelOne, one of Zimbabwe’s largest telecom entities has deployed Tejas Networks’ 100G/100G+ coherent DWDM solution.

Maruti Suzuki India Limited (MSIL) has decided to lend a helping hand for the production of oxygen in this critical situation by making available its resources to scale up the production of oxygen.  

Maruti Suzuki: The company has announced that the maintenance shutdown, which was till May 9, 2021, is being extended till May 16, 2021, keeping in view, the current pandemic situation though some activities will continue in the plants. Meanwhile, it has been informed that Suzuki Motor Gujarat has taken the same decision.

Everyone wishes to achieve financial freedom, but few people are actually able to attain it. Read this article to find out the ways to achieve your financial freedom.

The board of directors of Hero MotoCorp has approved the recommendation of final dividend as well as of special dividend to be paid to the shareholders post approval from the members.  

Metal stocks have been buzzing for a long time now! However, there’s a particular steel stock, which has given around 28.85 per cent returns in the last one month.  Wondering as to which metal stock are we talking about? 

The shares of Aurionpro Solutions Ltd were trading in green and closed higher by 4 per cent on Friday after the company announced its exit from the cybersecurity business with the sale of its investment to Forcepoint (USA) in a deal valued at US$ 9.6 million (approx. Rs 71 crore).  

Leading digital solutions & technology services company, Zensar Technologies informed the exchanges that it has been selected by Infinity Circle, a UK-based fintech company for the development of its wealth management platform.   

A summary of the most important economic news that moved markets during the week.

In the commodities market, copper is stealing the spotlight as its prices are seen climbing near to lifetime high in the domestic bourses. 

Tata Motors Limited has announced that it will increase prices of its passenger vehicles, averaging 1.8 per cent, depending upon the variant and model, with effect from May 8, 2021.

JSW Steel Ltd, one of the leading integrated steel companies in India, announced this morning that it has signed a memorandum of understanding (MoU) to undertake a feasibility test with JFE Steel Corporation, a strategic alliance partner.   

Mahindra Group announced on Thursday after the market hours that it is planning to set up Mahindra Advanced Design Europe (M.A.D.E) in West Midlands (UK).

The pharma sector proved to be the most crucial sector in 2020 as well as in 2021, owing to the pandemic-related situation.  

The darling of value investors, ITC is seen buzzing on the bourses today. The stock is up by nearly 1.8 per cent and it is forming a bullish Marubozu candle, which has no or minimal wicks or shadows. Moreover, the stock has seen an open interest addition of 0.59 per cent in May Futures.   

The market opened in green on May 07, 2021.

The market opened in green on May 07, 2021, overall volumes in futures & options currently stand at 8,79,50,827 contracts with a turnover of Rs. 79,71,454.91 crore.

The market opened in green on May 07, 2021, overall volumes in futures & options currently stand at 8,79,50,827 contracts with a turnover of Rs. 79,71,454.91 crore.

Zensar Technologies: UK-based FinTech Infinity Circle selects Zensar for end-to-end development of its next-gen wealth management platform.

Roche India recently announced that Central Drugs Standards Control Organisation (CDSCO) has provided an emergency use authorisation (EUA) for Roche’s antibody cocktail (Casirivimab & Imdevimab) in India.

JB Chemicals & Pharmaceuticals Ltd (JBCPL), a domestic pharmaceutical company, announced this afternoon that it has forayed into the nephrology segment by launching a new dedicated division called 'Renova'.

Subscribers can ask their queries regarding stocks they hold and get our expert guidance.

1 stock recommendation based on Street Talk (with 7 days horizon).

Why should a first time/novice investor avail the services of a stock adviser. Know more in this article.

Review on 1 stocks recommended in past.

 Fundamental Analysis of 1 Stocks (with 180 days horizon).

Sentiment Indicators.

 Technical Analysis of 1 Stock (with 15 days horizon).

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

IT major, Wipro Limited informed the exchanges that it has partnered with Transcell Oncologics in a bid to transform vaccine safety assessment using artificial intelligence.  

Analytics solutions provider, Subex Limited on Thursday announced that it has partnered with Snowflake, a data cloud company to bring the power of AI-driven augmented analytics to enterprises.   

I am a senior citizen of 62 years and my wife is 58 years old. We both have earned long-term capital gain on sale of shares and old ancestors’ property. We also have regular interest income. Kindly let us know whether we are liable to pay advance tax for the financial year 2021-22 and if yes, then what is the time limit?

The year 2020-2021 has not been kind to mankind. We all are struggling with the second wave of the corona virus pandemic and there is too much uncertainty. Yet, life moves on and we have to put our money to work for us. Every investor develops his or her own style of investing and this is what makes investing interesting and a continuous learning experience.

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.

"We have a digital-first business model wherein everything, from client acquisition to onboarding and servicing, is done online", highlights Prabhakar Tiwari, Chief Growth Officer, Angel Broking in an exclusive interview with Geyatee Deshpande, Senior Research Associate, Dalal Street Investment Journal.  

In this edition, we have reviewed Siemens Ltd. and V-Guard Industries. We suggest our reader-investors to HOLD in Siemens Ltd. and V-Guard Industries

RattanIndia Enterprises Ltd backed Revolt Intellicorp Pvt Ltd today announced that it has closed bookings for new customers for its new EV bike as they have been overbooked within few days of getting investment from RattanIndia. 

On the options front’, addition of open interest on the Put option side is seen in a broad range of 14,600-14,700 in today’s session. The 14,600 Put option has seen the addition of more than 40 lakh shares in the open interest, while the 14,600 Call option has shed more than 11 lakh shares in the open interest. The 14,800 Call option strike has seen an addition of 31 lakh shares in the open interest.  

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

Dalal Street Investment Journal is back with its much-awaited DSIJ PSU Awards. The PSU sector has undoubtedly always been an important protagonist in India’s development story. Hence, since 2009, Dalal Street Investment Journal has been presenting its flagship PSU Journal to its readers to commemorate the efforts and brilliant achievements of the public sector undertakings (PSUs). These undertakings are primarily government-owned corporations wherein 51 per cent or more of the paid share 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 governments.

In this interview, R Venkataraman, Chairman, IIFL Securities Limited, presents an overview of both the economy and the markets and the way ahead . Below is the detailed discussion.

The rising number of corona virus cases and earnings are the factors that may decide the market direction going forward. While the positive results have so far kept market momentum intact, the increasing spread of the second wave of the virus threatens to dislodge the positivity in the markets. Yogesh Supekar analyses the Q4 results while highlighting the hits and misses of the current earnings season while the DSIJ Research Team highlights the sector-wise earnings’ performance this season

In this interview, R Venkataraman, Chairman, IIFL Securities Limited, presents an overview of both the economy and the markets and the way ahead

Stock selection and industry analysis go hand-in-hand. Thorough industry analysis can provide investors with a distinct advantage and may help investors beat the markets consistently. Geyatee Deshpande discusses the contours of industry analysis and explains the key focus area while conducting an industry analysis

The electricity market at Indian Energy Exchange (IEX) entered the new fiscal year 2022 with 7,707 MU volumes in the month of April 2021, achieving a 90.2 per cent YoY growth. 

Gold has always been an essential part of an asset allocation exercise. After its stupendous performance in recent years and its underperformance in the short term, there is a bullish case being built around gold for 2021. Shreya Chaware discusses at length the trends in gold demand and shares the outlook for the yellow metal in 2021

The market opened in green on May 06, 2021.

The market opened in green on May 06, 2021, overall volumes in futures & options currently stand at 4,87,14,614 contracts with a turnover of Rs. 44,63,162.54 crore.

The market opened in green on May 06, 2021, overall volumes in futures & options currently stand at 4,87,14,614 contracts with a turnover of Rs. 44,63,162.54 crore.

Tata Elxsi caters to the demand for complete product development lifecycle from research and development, new product development and testing to maintenance engineering for broadcast, consumer electronics and communications, and continues to grow despite the current critical scenario across the world caused by the pandemic

The consolidation phase continued for another fortnight. During the last two weeks, the Nifty moved within the range of 15,000-14,200. The only difference in the current swings is that it has been at a faster pace.

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. 

This section gives a recommendation of a stock having stock price below Rs 100 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 result season always sees hits and misses but earnings took a downbeat this time hurt by pandemic-triggered lockdowns that shuttered some stores.

It can be predicted that copper may see further bullish momentum that may be attributed to increase in spot demand due to decrease in storage levels at the London Metal Exchange

A decline in IT stocks was seen as industry leaders failed to beat market estimates for Q4FY21 results, thus bringing about a correction in the sector.

I have read the seven stock recommendations you shared in the cover story of your previous issue.

The understanding of insurance and its need has constantly evolved over the last few years and one can say that it is going through a transition phase.

What we are witnessing in the markets right now is a classic tussle between bulls and bears where bears are banking on the rising number of corona virus cases and the fear of lockdown to build confidence while the bulls are focusing on the Q4 results and international markets to build their case.

Like life and health insurance, having critical illness insurance is equally important.

The most important, if not only, factor of success for an asset manager is in having a consistent good performance track record for its investment platform.