Sterlite Technologies Ltd (STL) today announced major new deals and extensions to current engagement with leading telcos in the Middle East and Africa region (MEA). The deals worth more than Rs 730 crore take the company's order book to a record high of Rs 11,300 crore.  

Isgec Heavy Engineering announced today that it has received an order for a slop fired boiler from a prestigious company in the sugar industry for their distillery plant.

The company announced the addition of two residential plots in Sanpada (Navi Mumbai) from City & Industrial Development Corporation (CIDCO).

The subsidiary of Biocon Ltd i.e. Biocon Biologics announced on Monday that it has received CHMP approval to market Abevmy, which is a biosimilar to Avastin.

For the month of February 2021, the benchmark index-BSE Sensex gave a 6.08 per cent return. On January 29, 2021, it had closed at 46,285.77 and at 49,099.99 as of February 26, 2021. 

KEC International, a global infrastructure EPC major & RPG Group company has secured orders worth Rs 1,140 crore across various businesses.    

Reliance Strategic Business Ventures Limited, which is a wholly-owned subsidiary of Reliance Industries Limited informed that it has acquired additional equity stake in its investee company, skyTran Inc. The acquisition took place for a consideration of USD 26.76 million; thus, increasing Reliance’s stake to 54.46 per cent on a fully-diluted basis in skyTran Inc.

Mirae Asset Mutual Fund launches Mirae Asset Corporate Bond Fund. Read onto find out more about it.

APL Apollo Tubes: The board of directors of the company at its meeting has considered and approved a draft scheme of amalgamation of Shri Lakshmi Metal Udyog Limited and Apollo TriCoat Tubes Ltd with the company and their respective shareholders & creditors.

Friday was the last trading session of the week and it was also the final trading session of the week. So, we got the weekly as well as the monthly closing. Bears completely dominated Friday’s session as Nifty witnessed a massive fall of 3.76 per cent, which was the sharpest fall since early May 2020 in percentage terms.

SGX Nifty is Nifty Futures contract, which trades on Singapore Stock Exchange. It starts trading early morning, approximately 3 hours before the Indian market, and trades for 16 hours on Singapore Stock Exchange while in comparison, Nifty trades for 6 hours & 15 minutes in the Indian Stock exchange, i.e. on NSE & BSE.

A summary of the local and global economic news

Speaking with DSIJ, G V Bhaskar Rao, Chairman and Managing Director, Kaveri Seeds Company Ltd. explains the strategy which has helped keep the company on the growth path as also the important role played by research and development. Following is the detailed discussion.

Speaking with DSIJ, Mr. Rajneesh Chopra – Global Head Business Development, VA Tech Wabag Ltd, states that VA Tech WABAG, a leading Indian MNC and a pure-play water technology company, has been maintaining a lead in this sector with its emphasis on research and development, innovations and the experience gained from its global projects.

Dilip Buildcon today announced that it has received an order from National Highways Authority of India (NHAI) for the construction of four-lane Bangalore-Chennai Expressway from Bangarupalem to Gudipala section in the state of Andhra Pradesh under Bharatmala Pariyojana on hybrid annuity model (HAM). 

Hatsun Agro Product Limited (HAP) announced on Thursday after the market hours that the company’s new Maharashtra plant has started its commercial production. 

Post Monday's shock that quivered the Indian stock markets to witness the biggest intraday fall in over two months, investors cheered as Sensex recovered by around 1,300 points during the latter part of the week.  

The domestic markets ended the month of February with a 'thud' as investors turned bearish with red being the prominent colour all over BSE & NSE on Friday.  

Speaking with DSIJ, Amit Kumar, Managing Director and CEO, Prataap Snacks indicates how the return to normal life in the post-pandemic scenario will once again boost demand for snacks. Following is the detailed discussion.

The shares of Natco Pharma were trading higher by 1 per cent in a down market after the company informed the exchanges that it has launched Brivaracetam tablets under the brand 'Brecita' in India.

The company has approved the proposal for the buyback of fully paid-up equity shares for an aggregate amount, not exceeding Rs 150 crore, which is 5.05 per cent of the total paid-up equity share capital.

The stock of Tata Chemicals Limited has given approximately 59 per cent returns in less than a month. On January 29, 2021, it had closed at Rs 475.45 while today, it registered all time high level of Rs 757. 

There has been a sudden abrupt rise in the fear gauge index- India VIX at it jumped nearly 29 per cent to move above the 29 levels. Considering the inverse relationship between Nifty and India VIX, it is prudent for the market participants to avoid excessive leverage positions on the long side. 

Sundaram Mutual Fund completes 25 years and is celebrating its silver jubilee today. Read onto find out more about its journey. 

The market opened in red on February 26, 2021.

The market opened in red on February 26, 2021, overall volumes in futures & options currently stand at 8,77,82,893 contracts with a turnover of Rs. 86,15,815.25 crore.

The market opened in red on February 26, 2021, overall volumes in futures & options currently stand at 8,77,82,893 contracts with a turnover of Rs. 86,15,815.25 crore.

The tax-saving season is approaching, and nothing is better than investing in Equity Linked Saving Scheme (ELSS). Read onto find out more about the top-performing ELSS funds.

For those who are new to trading and are not familiar with the term 'quantity freeze', we would like to explain it to you in a simple manner. The concept of quantity freeze has been introduced by the stock exchange in order to regulate the flow of orders within a certain specified quantity.

RBL Bank: The bank has informed that Vishwavir Ahuja, Managing Director & CEO has sold 14,40,000 shares between February 19 & 25, 2021 for approximately Rs 35.07 crore, which is as per the preclearance taken by him. Further, he mentioned that the sale of shares is purely for personal and family reasons.

Technically, the index might have logged gains of 115 points on Thursday. However, the day’s range was confined within 111 points while the gains were largely due to the gap-up opening. Since Thursday’s trading range was the lowest in the last seven trading sessions, it led to the formation of the NR7 pattern.

Speaking with DSIJ, Mr. Pradip Kumar Menon, CFO, Pidilite Industries Ltd. states that the recovery from the impact of the pandemic has been swift and this is evident from the rising sales curve in both the domestic and international markets. Following is the detailed discussion.

Cochin Shipyard Limited announced on Wednesday after the market hours that it has joined hands with Dredging Corporation of India (DCI) and IHC Holland BV to make world-class dredgers. 

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

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

Review on 1 stocks recommended in past.

 Sentiment Indicators.

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

Speaking with DSIJ, Mr. Achal Bakeri; Founder, Chairman & Managing Director, Symphony Limited indicates the growth drivers that will take the company back to its pre-pandemic growth level. Following is the detailed discussion.

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

Wipro marked 25 years of partnership with Cisco by launching ‘Cisco Business Unit’, which will focus on the development and adoption of end-to-end digital transformation solutions, leveraging Cisco technologies for customers. 

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

The drug may help improve mood and feelings of well-being, relieve anxiety and tension as well as increase energy level.

After an eventful trading session on Wednesday, the domestic markets remained comparatively calm on Thursday with Sensex surging 257.62 points or 0.51 per cent to settle at 51,039.31 levels while Nifty rose by 115.35 points or 0.77 per cent to end at 15,097.35 levels. 

Speaking with DSIJ, Mr. Shujaul Rehman; CEO, Garware Technical Fibres Limited indicates that Garware Technical Fibres continues to make good progress and is aiming to launch new products. Following is the detailed discussion.

All about cryptocurrencies and investing in them

L&T Technology Services today announced that it has been selected by Airbus to provide technology and digital engineering solutions for Airbus’ Skywise platform as a part of Skywise Partner Programme. 

Sun Pharmaceutical Industries Ltd today announced the US launch of the website for its long-term care (LTC) division with the name- www.sunltc.com.

We have bounced back at a faster rate than the market

On Thursday, Max Asset Services (MAS), a subsidiary of Max Group’s listed entity, Max Ventures & Industries, announced its entry into the ‘managed office spaces’ business with the launch of ‘WorkWell Suites’ at its newly-developed office complex Max House, Okhla.  

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

When the markets are at lifetime highs, speculation about the direction they will take also touches all-time highs

Sensex quickly recovered from its Monday’s crash, which is considered to be its biggest fall in over two months. Along with the Indian benchmark indices, midcaps have also kept up with the run.  

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

In the month of February 2021, the metal stocks have truly shined and attracted investors’ attention. BSE Metal index has jumped by more than 26 per cent in one month thereby, outperforming the domestic benchmark indices. Sensex gained by 10.31 per cent while Nifty rose by 10.7 per cent since the beginning of February.  

In this edition, we have reviewed Coal India Ltd. and GAIL (India).

The commodity options market is simply a market in which producers may purchase the opportunity to sell or...

International investing is increasingly gaining in popularity with an increasing number of Indians offered options to invest in internal equities, whether through direct equity exposure or via international mutual funds.

Since futures are contracts for future date, you should know the current spot market price of...

As in the case of stocks, most of the exchanges, the best five buy and sell orders for every contract available for...

Margin is the deposit money that needs to be paid to buy or sell each contract. The margin required for a...

The commodities market will have three broad categories of market participants apart from brokers and...

In India, commodity trading is taking place through spot market and forward and futures contracts.

It is now widely known that the pandemic has given a boost to the IT and pharmaceutical sectors.

Globally, India is known to be the largest provider of generic drugs.

From an investor’s point of view, commodity investment has certain unique features as it is...

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

So, what are the options for investing in commodities? As an investor, people can use many vehicles in...

Commodity trading carries a lower downside risk than other asset classes, as pricing in...

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.

A commonly used approach is to consider as an asset class any instrument

The different commodities that trade on various commodity exchanges can broadly be classified as below

Just as stocks and stock derivatives are traded in stock exchanges, commodity derivatives are traded in commodity exchanges.

The Indian experience in commodity futures market dates back to thousands of years.

Recently, Tesla CEO Elon Musk made headlines post announcing that his company has invested USD 1.5 billion worth in Bitcoin. This might have tempted many existing and potential investors to take a shot at this new investment avenue. But many may have done so without understanding the intricacies of the Bitcoin. The article provides some interesting insights

Commodities are natural products that grow (such as wheat, rice, etc.)

Angel Broking, one of the largest retail broking houses in India announced that it has launched international investments for Indian investors by collaborating with Vested Finance thereby, making investments in the US stocks and ETFs, hassle-free. 

As we all know, a market where commodities are traded is referred to as a commodity market.

The Nifty witnessed a scintillating rally of 1,770 points from the Union Budget day lows to an all-time high of 15431.75

There are other instruments and few of them are briefly covered here.

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. 

By combining options and/or stock into spreads, the investor can add even more flexibility to his

For aggressive investors who are very bullish about the prospects for a stock / index, buying calls can...

The optionality characteristic of options results in a non-linear payoff for options. 

The writer of the Call Option is generally bearish, while the writer of the Put Option is...

Investing is essential for achieving your financial goals.

There are four types of participants in options markets depending on the position they ...

Options, are another type of derivative instruments. Some people might say options are bit complex...

Stock index futures have become the most popular financial derivative instruments and widely traded all...

When it comes to investing, one of the factors which cloud an individual’s decision making skill is one’s own emotional bias.

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.

A futures spread is simply the simultaneous trading of one contract against another.

If on the expiry date, the actual price of Reliance Industries is Rs 1300, Mahesh can buy the shares at...

A future contract, unlike the privately-traded forward contract, is publicly traded. 

Before discussing this concept lets discuss about spot market. In a spot market, what you generally do?

Due to complexity in nature, it is very difficult to classify the financial derivatives.

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.

Contrary to what fables may state, it never rains money through the roof. To create wealth, you must have a proper plan in place – one that takes into account your investment objectives while also helping you to generate wealth. Mutual funds, as this report shows, is the best option
 

A derivative is an instrument whose value is derived from the value of one or more basic variables called bases...

As you are aware the financial derivatives have become increasingly popular and most commonly used in