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

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

Last week, SEBI had asked mutual funds to assume 100 years as the maturity perpetual bonds. Read onto find out more.

Titan Company Ltd, a lifestyle company engaged in the production of accessories such as jewellery, watches & eyewear, released its investor presentation for its watches and wearables segment on Thursday.  

The market opened in green on March 18, 2021.

The market opened in green on March 18, 2021, overall volumes in futures & options currently stand at 4,40,17,007 contracts with a turnover of Rs. 42,45,096.45 crore.

The market opened in green on March 18, 2021, overall volumes in futures & options currently stand at 4,40,17,007 contracts with a turnover of Rs. 42,45,096.45 crore.

HFCL Limited informed that it has bagged an order from Uttar Pradesh Metro Rail Corporation for Kanpur Metro (Corridor-1 & 2) as well as Agra Metro (Corridor-1) Projects. 

Escorts Limited has informed that it has achieved the landmark sales of 1,00,000 tractors in the ongoing fiscal year i.e. FY21. It has surpassed the previous highest-ever sales achieved during the entire fiscal year 2018-19.

HG Infra Engineering Ltd informed that it has been declared as the lowest bidder by National Highways Authority of India (NHAI), New Delhi. 

IRCTC: IRCTC said there have that there has been no major impact of terminations of mobile catering contracts in the financial year 2020-21 and the impact, if any, will be reassessed on the resumption of regular train services & subject to the outcome on the ongoing litigation.

The  US 10-year bond yields have spiked nearly 5 per cent and it has inched higher to 1.73. Nifty trades below the 14,700 mark while Sensex has breached the 49,700 mark. Meanwhile, the advance-decline ratio is strongly in favour of the decliners. 

On Wednesday, the domestic benchmark indices struggled to stay afloat in the positive territory. A sudden plunge towards the end of today's trading session resulted in Sensex closing at 49,801.62 levels, down by 562.34 points or 1.12 per cent while Nifty fell by 189.15 points or 1.27 per cent to settle at 14,721.30 levels.  

Hitachi ABB Power Grids, a pioneer in the field of technology and provider of various utility & infrastructure services announced on Wednesday that it has won an order worth Rs 124 crore from one of India’s top aluminium producers i.e., Bharat Aluminium Company (BALCO) to strengthen its power infrastructure at Korba Plant in Chhattisgarh.

The shares of Bharat Earth Movers Limited (BEML) were trading in the green on Wednesday after the company announced that it has received export orders to the tune of US$ 23 million from Cameroon and Bangladesh. 

Dividends are a great source of return for investors. Read on for a summary of the most important aspects of dividend investing.

Blue Star Ltd, the leading provider of air conditioning & commercial refrigeration products, announced the launch of its new range of split air conditioners.  The company has launched this range, keeping in mind, the requirements of the mass category and intends to expand its market reach in this category through this launch.

Ducon Infratechnologies Limited, one of the leading engineering, procurement & construction (EPC) companies has informed the bourses about the receipt of its latest order regarding Alumina handling system (AHS).

All the sectors ended in red with Nifty PSU Bank and Nifty Realty leading the losers. In the afternoon session, we saw heavy open interest addition in the 15,000-call option in the current weekly options series.  However, it has now shifted to 14,700 call option as more than 26 lakh open interest addition at this strike price. Meanwhile, unwinding was seen in 15,000 and 14,900 put options.    

The market opened flat on March 17, 2021.

The market opened flat on March 17, 2021, overall volumes in futures & options currently stand at 3,54,85,101 contracts with a turnover of Rs. 34,56,032.97 crore.

The market opened flat on March 17, 2021, overall volumes in futures & options currently stand at 3,54,85,101 contracts with a turnover of Rs. 34,56,032.97 crore.

BPCL: The board of directors has declared an interim dividend of Rs 5 per share equity share. Further, the board of directors has fixed March 27, 2021 (Saturday) as a record date to determine the eligibility of the shareholders to receive the said interim dividend. 

The MACD histogram is showing that the bearish momentum has increased. And the RSI is approaching its prior swing low. Considering the above factors, one can certainly draw a conclusion that bears have an upper hand.

ICICI Prudential Mutual Fund launches ICICI Prudential Nifty Low Vol 30 ETF FOF smart beta fund. Read onto find out more.

Nazara Technologies Limited is one of the interactive gaming and new-age sports media companies. It is coming out with its IPO. Read on to find if you should subscribe to the issue.

Suryoday is a scheduled commercial bank. It had commenced banking operations in 2017. Suryoday offers a full suite of banking solutions. It is coming out with its IPO. Read on to find if you should subscribe to the issue. 

On Tuesday, Larsen & Toubro (L&T) announced that its construction arm had secured orders for two of its businesses.   

On Tuesday, domestic benchmark indices witnessed volatility as Sensex and Nifty erased today’s gains to slip into the negative territory later in the day.  

Tata Consultancy Services (TCS) announced the launch of its SaaS-based automated vulnerability remediation platform that aims to help enterprises shield themselves from malicious cyber-attacks by identifying & prioritizing vulnerabilities in their software systems and proactively fixing them.

As BSE Small-Cap index touched its all-time high of 21,419.84 on March 12, 2021, small-cap stocks still continue to scale record highs.  

The market opened in green on March 16, 2021.

The market opened in green on March 16, 2021, overall volumes in futures & options currently stand at 3,32,12,890 contracts with a turnover of Rs. 32,62,880.73 crore.

The market opened in green on March 16, 2021, overall volumes in futures & options currently stand at 3,32,12,890 contracts with a turnover of Rs. 32,62,880.73 crore.

What does option analysis of March 18 series suggest for Nifty? Nifty 15,000 put options have seen an open addition of around 11.8 lakh shares. With this, the total open interest in the 15,000 put option strike has crossed 27 lakh shares and this is where the maximum highest open interest is seen on the put side.

Adani Ports & Special Economic Zone Ltd (APSEZ), which is India’s largest private ports & logistics company as well as a key subsidiary of the diversified Adani Group announced on Monday that it has received a letter of intent from the Ministry of Ports & Shipping of Sri Lanka along with Sri Lanka Ports Authority for the development and operations of the west container terminal (WCT) in Colombo (Sri Lanka).  

Royal Orchid Hotels Limited has announced the opening of 8 new properties under the brand Regenta Resort, Regenta Central, and Regenta Inn.

Our proprietary ESG scoring process gives us the ability to evaluate the risk score of the companies across sectors and market capitalisations. 

National Stock Exchange has revised circuit limits of nine stocks with effect from March 16, 2021. The circuit limit of stocks like CL Educate and Meghmani Organics have been revised down from 20 per cent to 10 per cent. 

AU Small Finance Bank: The Capital Raising Committee of the board of directors approved allotment of 50,00,000 shares of face value Rs 10 each to eligible qualified institutional buyers at the issue price of Rs 1,251 per cent equity share. 

A recovery of almost 180 points from the lower levels resulted in the formation of a long lower shadow as the price action of the day resembles a hammer pattern. During the day, Nifty took support around the 50-DMA and it witnessed a decent pullback from the lower levels.

Kalyan Jewellers design, manufacture & sell a variety of gold, studded and other jewellery products for various occasions such as wedding, festivals, etc. It is coming out with its IPO. Read on to find if you should subscribe to the issue. 

On Monday, the domestic benchmark indices took a deep dive as bears maintained a dominating position. Sensex declined by 397 points or 0.78 per cent to close at 50,395.08 levels while Nifty slid by 101.45 points or 0.67 per cent to settle at 14,929.50 levels.  

Strides Pharma Science informed the exchanges today that its wholly-owned subsidiary, Strides Pharma Global Private Limited, Singapore, received approval for Potassium Chloride Oral Solution USP, 20 mEq from United States Food & Drug Administration (USFDA). 

As every coin has a flip side, mutual funds are no different in that sense. Fund managers not only buy but also sell. It becomes equally important to know what they are selling. So, let’s find out. 

Everyone is eager to know what the mutual fund managers bought & sold but mostly keen to know what they actually bought. So, let’s know more about the list of stocks that attracted fund managers in February 2021.

Ahluwalia Contracts (India) Limited has secured a new order worth Rs 128 crore for the construction of State Guest House Bodh Gaya on engineering procurement basis (EPC) awarded from Construction Division-1, Building Construction Department, Patna (Bihar). 

Tech Mahindra, a leading provider of information technology and business process outsourcing services, announced on Monday that it has acquired a 70 per cent stake in Perigord Asset Holdings Ltd, a creative packaging artwork, labelling & BPO services firm. 

On Monday, Sensex plunged by more than 900 points, down by around 2 per cent trading at 49,885.75 levels while Nifty tumbled by around 250 points or 1.66 per cent to be around 14,781.90 levels.   

The highest net addition open interest was seen at 14,800 put options while the 50-DMA is also placed around 14,700. Further, with PCR in an oversold region, one may expect that the index might take support in this region.   

Adjia Technologies Limited became the 8^th company to get listed on the BSE Startup Platform on March 15, 2021. Adjia Technologies Limited came out with an initial public offering of 2,70,400 Equity Shares of Rs 10 each, for cash at a price of Rs 74 per equity share, aggregating to Rs 200.10 lakh.

The market opened in red on March 15, 2021.

The market opened in red on March 15, 2021, overall volumes in futures & options currently stand at 2,77,58,910 contracts with a turnover of Rs. 27,89,169.22 crore.

The market opened in red on March 15, 2021, overall volumes in futures & options currently stand at 2,77,58,910 contracts with a turnover of Rs. 27,89,169.22 crore.

CSB Bank: This is to inform you that the United Forum of Bank Unions (UFBU) has given notice that members of all the constituent unions of UFBU propose to go on nationwide strike on March 15, 2021 (Monday) and March 16, 2021 (Tuesday), demanding resolution of several issues at the industry level.

The price action of Friday formed a bearish outside bar and the formation of bearish outside bar after a series of a small-bodied candle has undoubtedly fanned the flames that the index might witness a reversal from here on.

Dow Theory categorises three movements in the financial markets, which is known as the primary, secondary, and daily movements.  

On Friday, Ramco Cements announced the completion and commissioning of the second phase of 9 MW capacity at its Jayanthipuram plant in Andhra Pradesh. 

The shares of commodity chemicals company, India Glycols slipped by 9 per cent on Friday after its board approved the transfer of the company's BioEO (speciality chemicals) business to IGL Green Chemicals Pvt Ltd (IGCPL), a wholly-owned subsidiary.  

New Fund Offers (NFO) that are open for subscription.

Some of the key highlights for the week include inflation data for the month of February, policy announcements by the ECB and the US stimulus program

Laxmi Organic Industries is a speciality chemical manufacturer that operates in two business segments namely, Acetyl intermediates (AI) and speciality intermediates (SI). It is coming out with its IPO. Read on to find if you should subscribe to the issue. 

During the second-half of Friday's trading session, domestic benchmark indices slipped into the negative territory. Sensex plunged by more than 1000 points from its intraday high of 51821.84, to close at 50792.08 levels.

On Friday, via a press release, SBI Cards and Payment Services announced that the company's Board of Directors approved of raising of funds.

The board of directors of Bharat Dynamics approved the payment of interim dividend for FY21. 

The central bank of India, RBI said that IDBI Bank will be taken out of the framework of prompt corrective action (PCA) as an improvement was seen in its overall performance.

On Friday, bears returned to D-Street as the domestic benchmark indices tumbled during the post-lunch session, ending far away from their respective intraday highs. Sensex declined by around 487.43 points or by 0.95 per cent to settle at 50,792.08 levels while Nifty dragged by 143.85 points or by 0.95 per cent to close at 15030.95 levels.

Read this article to know what target maturity debt funds are and whether you should consider investing in them.

Brightcom Group Limited is all set to foray into USD 4.2 billion digital audio medium. Digital audio is the second most popular activity involving about 204 million listeners in the US alone.

Craftsman Automation is a diversified engineering company. It is coming out with its IPO. Read on to find if you should subscribe to the issue. 

Among stock-specific action, CL Educate, Aurionpro Solutions, and MTNL are some of the stocks, which are locked in the upper circuit.  On the derivative front, we are observing long build-up today in stocks such as Pfizer, CONCOR, Cummins India, Coforge, Siemens, etc. While short were formed in SBI Life, Mphasis, ICICIPRULI, Torrent Power, MindTree, etc.   

The market opened in green on March 12, 2021.

The market opened in green on March 12, 2021, overall volumes in futures & options currently stand at 7,42,44,816 contracts with a turnover of Rs. 72,55,788.84 crore.

The market opened in green on March 12, 2021, overall volumes in futures & options currently stand at 7,42,44,816 contracts with a turnover of Rs. 72,55,788.84 crore.

MAN Infraconstruction Ltd, a leading real estate construction & infrastructure services company announced on Friday that it is launching a new project in Mumbai.  

On Thursday, Infosys Limited informed that its business process management arm namely, Infosys BPM, extended its strategic collaboration with Newmont Corporation, which is the world's largest gold mining company, to standardise and digitise delivery models across mine sites. 

Speaking with DSIJ, Mr. Amit Kaushik, CFO and CEO of INFLAME India indicates, the company’s unwavering focus on innovation is what has kept it on the growth path

Rossell India: The board of the company discussed the overall performance of Aerotech Services Division of the company. After discussion, it was felt that in view of the expiry of the existing agreements, entered into by the said division, by March 31, 2021, the said division of the company may be discontinued and closed down.

The daily RSI is forming an inverted head & shoulders pattern. Watch out for the level of 60 closely as a move above this level will lead to a resumption of an uptrend after a decent consolidation.  Bollinger Bands are still moving at a parallel distance. As Nifty is above the 20-DMA, be with a positive bias as long as it trades above it. The MACD histogram shows that the bearish momentum has declined significantly.  

According to history, the market trend only about 30 per cent of the time and the remaining 70 per cent moves in a range. Use this historical fact as an advantage and apply short straddles for profitable trading. You can adjust the short straddle into strangle at a later stage by exiting the profitable position and hedge the loss-making option. 

This indicator measures the percentage of Nifty 50 stocks that are trading above/below their 200-day simple moving averages. The 200-DMA is considered important as it is one of the basic technical indicators that can be used to determine the long-term trend of security.

It is frequently mentioned in any commentary by analysts that the Indian stocks are being re-rated. When such headlines are published on several platforms, at times investors do not fully understand what it could mean for their portfolios and what action should be taken in order to maximise the portfolio returns. Shreya Chaware discusses at length what exactly re-rating means and how should investors interpret re-rated stocks and take profitable portfolio decisions 

The markets are precariously poised and only time will tell if the Sensex is able to touch new all-time highs in 2021 or whether there will be a deep correction. So far what we have seen is that the market is getting support from different sector stocks on a rotation basis. If banks supported the markets in January and February it is now the commodity stocks that have been providing support over the past few weeks. Yogesh Supekar explains how commodity stocks after their recent outperformance continue to be attractive in terms of valuation and may have some value left, while the DSIJ research team shares its market outlook 

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

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

Review on 1 stocks recommended in past.

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

Taking about the FMCG sector, in this article, Geyatee Deshpande discusses about how the FMCG sector, once the most preferred by investors, has recently lost its glow

Many a times it is said that the returns from penny stocks are much higher as compared to large-cap stocks. In this study, we will explore if average returns from low-price stock can generate higher returns for the shareholders.

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

By adopting innovative technologies like automation in construction, innovative designs, sustainability, use of prefabricated material and online marketing, developers can value-engineer their product, writes Anuj Puri, Chairman, ANAROCK Property Consultants

A rise in bond yields was being perceived as an indicator of expected rise in inflation in the global economy..

Oil prices shine through the commodity markets during the fortnight.

LIC's New Money Back Plan - 20 Years

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

Most people buy insurance policies as a last-minute tax-saving option or an investment for returns.

Jinesh Gopani Head - Equity, Axis Mutual Fund

Indian equities had witnessed a massive sell-off during the fortnight due to panic in global bond markets about a sharp rise in US’ bond yields. 

The Indian stock market has struggled to move higher because of several factors, including the rise of crude oil, US bond yields and the Dollar index.

Indian Energy Exchange, which is India’s premier energy exchange, announced that it has strategically divested 26 per cent of the equity holding in Indian Gas Exchange (IGX) to National Stock Exchange of India Limited (NSE) and an additional 5 per cent equity holding to Oil & Natural Gas Corporation Limited, a Maharatna central public sector undertaking.