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.

IDBI Bank: As per an official statement, Cabinet Committee on Economic Affairs (CCEA), on May 5, granted approval for the long-pending 'strategic disinvestment' of IDBI Bank Limited.  

This is a super house of financial data on 3500 corporates with up to date information. In the Magazine version the top 1100 -1400 companies are covered while the data on the entire 3500 companies is available in excel format for subscribers to download.

Chirag Setalvad Senior Fund Manager, HDFC AMC

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

LIC's Bachat Plus

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.

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

Investors often face a dilemma of whether to invest on their own or take help of an investment adviser.

After registering a low in March 2020, the equity market has not looked back.

Every investor needs to plan his or her investment based on individual risk appetite, return expectations and investment horizon.

Given the economically uncertain times that we now live in, most people prefer to embark on a sound investment plan at an early age to be able to generate a fixed income during their years of retirement.

Don't tell me what you think: just tell me what's in your portfolio.

I really appreciate the effort of your research team providing such quality MF recommendations.

Cadila Healthcare Limited announced today that it has signed an agreement to extend the tenure of the joint venture agreement (JVA) with Bayer (South East Asia) PTE Limited, one of the companies of Bayer Group, for a further period of two months. 

Bajaj Healthcare Limited (BHL) announced on Tuesday that it has launched Favijaj (Favipiravir), an antiviral drug used for treating patients suffering from the influenza virus. The company informed that the drug has proven to be quite effective over COVID patients.

Dynacons Systems & Solutions Ltd has informed the bourses that it has been selected to be an alliance partner in the Global IT Alliance (GITA). 

Alembic Pharmaceuticals Limited, an Indian multinational pharmaceutical company, announced today that it has been granted final approval by US Food & Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for Dorzolamide Hydrochloride and Timolol Maleate Ophthalmic solution USP, 2 per cent and 0.5 per cent. 

Tata Mutual Fund launched its dividend yield fund, Tata Dividend Yield Fund on May 3, 2021, and is currently open for subscription. Read onto find out more about it.

The market opened in green on May 05, 2021.

The market opened in green on May 05, 2021, overall volumes in futures & options currently stand at 4,04,42,233 contracts with a turnover of Rs. 37,28,946.94 crore.

The market opened in green on May 05, 2021, overall volumes in futures & options currently stand at 4,04,42,233 contracts with a turnover of Rs. 37,28,946.94 crore.

Hindustan Aeronautics Limited (HAL) has signed an MoU with Rolls-Royce to provide support for establishing Rolls-Royce MT30 marine engines in India.

Wipro Limited, a leading global information technology, consulting & business process services company announced on Tuesday that the company is in the process of setting up an innovation centre in Holborn (London). 

HCL Technologies, which is a leading global technology company, announced that it has signed a multi-year contract with Hitachi ABB Power Grids, a leader in digital energy solutions, to build a new greenfield digital foundation as part of a global transformation programme. 

Hikal Limited, which is recognised as a preferred long-term partner for leading global life sciences companies on Wednesday announced that it has signed a multi-year contract with a leading global pharmaceutical company. 

Nifty is moving in a downward channel and the leading indicator, RSI is in an upward channel. This divergence of price making a lower high and the RSI making a higher high is giving clear signs of suspicions. We have not seen this kind of negative divergence after March 2020.  

ICICI Prudential Mutual Fund has come up with its healthcare ETF offering. The scheme will open soon for the subscription. Read onto find out more.

A long build-up was seen in Nifty PSU Banks with PNB climbing 7.7 per cent with an open interest addition of 13.90 per cent. Bank of Baroda also witnessed an addition of 7.60 per cent in the open interest with a price rise of 5.44 per cent. Canara Bank has seen the addition of 1.99 per cent while SBI saw an addition of 1.55 per cent in the open interest.  

Axis Mutual Fund on April 30, 2021, launched Axis Healthcare ETF, which is currently open for subscription. Read onto find out more about it.

Goldiam Group has received confirmed additional export orders worth Rs 50 crore from its international clients for manufacturing of diamond-studded designed gold & lab-grown diamonds jewellery.

An information technology (IT) solutions provider, Mphasis Limited, which specialises in cloud and cognitive services, is expanding its footprint in the UK with a special focus on customer-led digital transformation initiatives in banking & insurance. 

The market opened in green on May 04, 2021.

The market opened in green on May 04, 2021, overall volumes in futures & options currently stand at 3,33,77,374 contracts with a turnover of Rs. 30,48,844.96 crore.

The market opened in green on May 04, 2021, overall volumes in futures & options currently stand at 3,33,77,374 contracts with a turnover of Rs. 30,48,844.96 crore.

JSW Steel USA Ohio Inc, a subsidiary of JSW Steel Ltd, announced this morning that it has signed a long-term agreement with Allegheny Technologies Inc. (ATI) for the conversion of carbon steel slabs manufactured at JSW Steel USA’s facility in Mingo Junction (Ohio) into hot rolled coils (HRC) at ATI’s hot rolling and processing facility (HRPF) in Brackenridge (Pennsylvania).  

Anupam Rasayan Ltd, a domestic company engaged in custom synthesis and manufacturing (CSM) of speciality chemicals, announced this morning that it is going to set up a solar power plant worth Rs 43 crore.

Satia Industries Limited (SIL) informed the bourses about its formal association with Zume, a US-based global brand in the sourcing of packaging products used for meal boxes, beverages and face masks, etc. 

The equity market has given quite stunning returns in the last one year and so did the mutual funds. In this article, we will discuss the MFs that gave returns of over 100 per cent in the last one year. 

Motherson Sumi Systems Limited (MSSL), a specialised automotive component manufacturing company for original equipment manufacturers (OEMs) announced this afternoon that it has successfully completed the acquisition of assets and activities of electrical wiring interconnection systems (EWIS). 

On Monday, Steel Strips Wheels Limited (SSWL), a leader in designing & manufacturing automotive wheels announced its monthly sales figures for April 2021.   

Intellect Global Transaction Banking (iGTB), which is the transaction banking specialist from Intellect Design Arena Limited, today announced that it will support Societe Generale in implementing the world’s no.1 liquidity management solution.

The market opened in green on May 03, 2021.

The market opened in red on May 03, 2021, overall volumes in futures & options currently stand at 2,40,42,717 contracts with a turnover of Rs. 22,40,692.20 crore.

The market opened in red on May 03, 2021, overall volumes in futures & options currently stand at 2,40,42,717 contracts with a turnover of Rs. 22,40,692.20 crore.

MOIL Limited recently announced that the prices of all grades of Ferro, Silicomanganese grades (Manganese 30 per cent & Manganese 25 per cent), fines, and chemical grades have been reduced by about 5 per cent w.e.f May 1, 2021, on the prices prevailing since April 1, 2021.

The 710 CE has enough liquidity to trade while the capital required to apply this strategy is Rs 2,80,000.

Bitcoin and other cryptocurrencies are the new dazzling asset class in the markets. The crypto bull run has indeed caught the attention of millions of people, who previously had never considered digital currencies like Bitcoin to be an alternative asset.  

Natco Pharma Limited has informed the bourses that it has received emergency use approval for Baricitinib tablets in strengths of 1 mg, 2 mg, and 4 mg from Central Drugs Standard Control Organisation (CDSCO), India. Baricitinib, combined with Remdesivir, is used for the treatment of COVID-19 positive patients.

We all know that trading is a probability game. Every trader knows that any trade he executes may bring either profit or loss. In this article, we will talk about a very special tool that would help traders to amplify the probability of success.

Welspun Corp: The company has received an amount of Rs 225 crore on business transfer agreement for the sale of PCMD Division while the balance consideration shall be received by the company by May 31, 2021. 

On the options' front, the 14,500 Put option has seen a massive open interest addition in today’s session as it added a 20.74 lakh share in the open interest. With this, the total open interest concentration in 14,500 Put option has reached 39.26 lakh.

Ratio analysis is the analysis of various parts of financial information in the financial statements of the company. It is mainly used by external analysts to analyse a company based on its profitability, liquidity & solvency.

Despite the ongoing pandemic, the Agri Machinery Segment of Escorts Limited received good traction in April 2021, spurred by speculations of timely monsoons which have spurred up demand.

As government drafts plan on disinvesting or privatising most of the public sector undertakings, investors may now turn their attention towards PSU stocks from a viewpoint of long-term wealth creation rather that some tactical strategies. 

During Friday’s trading session, the stock of Steel Authority of India Limited (SAIL) jumped more than 7 per cent and made an intraday high of Rs 121.30 per share. In the last one month, the stock of the company has risen by 53 per cent.

In the Budget 2021-22 announced, the finance minister declared that steps will be taken to privatise two public sector banks and one general insurance company. Recently, PSU Bank stocks are seen rallying on the news that officials of RBI will soon be finalising the potential candidates for privatisation. 

Sterling Pound has been quite on an uptrend since the middle of 2020 despite the grievous hit by Coronavirus to the world economy including United Kingdom. Since March 2020 up till now, British Pound-US Dollar (GBPUSD) has surged by more than 20 per cent. The currency started off 2020 at 1.3259 levels and thereafter, plunged towards 1.1404 levels in March 2020. From thereon, the movement in Pound has been mostly towards the north. It touched the higher levels of 1.4061 levels in February 2021.

A summary of the key economic news that impacted markets this week.

On Friday, HIL Limited informed the bourses that Odisha Government's State Level Single Window Clearance Authority (SLSWCA) has approved the application made by the company to set up a manufacturing plant of blocks, panels & boards at Balasore (Odisha). 

Machine learning is powerful! What is more important is to use a nuanced approach while incorporating machine learning to help drive returns in the capital markets.

While Sensex is showing signs of fatigue after a stunning recovery in the past couple of sessions, there are a few stocks that are making lifetime highs for themselves. Sequent Scientific was seen buzzing on the bourses during today’s session by trading close to Rs 300 per share on an intraday basis as well as hitting a fresh all-time high for itself. 

An investment of Rs 50,000 in the stock at Rs 55.40, would have translated into a purchase of 903 stocks while the investment of Rs 50,000 would have turned into a whopping Rs 1,25,878 in a span of just one month.

Among the sectoral indices, the majority of the indices were trading lower, led by Nifty Financial Services and Bank Nifty. On the other hand, Nifty Pharma and Nifty Energy were trading in green.  

Bajaj Auto announced that Rahul Bajaj has resigned from the post of Non-Executive Director & Chairman of the company. Nirav Bajaj, who is currently a Non-Executive Director in the company, will take over his position. The announcement was made on Thursday after the market hours.

The market opened in red on April 30, 2021.

The market opened in red on April 30, 2021, overall volumes in futures & options currently stand at 10,65,21,524 contracts with a turnover of Rs. 99,43,969.841 crore.

The market opened in red on April 30, 2021, overall volumes in futures & options currently stand at 10,65,21,524 contracts with a turnover of Rs. 99,43,969.841 crore.

Wipro Limited announced on Thursday after the market hours that it has strengthened its alliance with Citrix Systems, Inc. and Hewlett Packard Enterprise (HPE).

A leading multinational pharmaceutical company based in India & overseas, Dr Reddy’s Laboratories Limited (DRL), along with its subsidiaries, announced the launch of Albendazole tablets, USP in the US markets.

The popular phrase, ‘Change is the law of nature’ can be applied to markets as well. So, this is a quick update, especially for traders, who deal in futures and options (F&O). 

Route Mobile Limited, a company engaged in cloud communication platform service, announced this afternoon that it has signed a definitive agreement to acquire Phonon Communications Private Limited, a leading communications automation platform provider.  

A number of press reports pertaining to the purported communication from the Ministry of Petroleum & Natural Gas of India (MoPNG) are doing rounds, conveying an impression that the role of Oil & Natural Gas Corporation Limited (ONGC) may be significantly affected in the wake of its potential restructuring.

RattanIndia Enterprises Ltd informed the exchanges on Thursday that it is venturing into the electric vehicle (EV) space by acquiring a substantial strategic stake in Revolt Intellicorp Private Limited.