On Wednesday, the domestic benchmark indices touched new closing peaks as bulls kept supporting the rally. Sensex closed at 50,255.75 levels, up by 458.03 points or by 0.92 per cent while Nifty gained 142.10 points or 0.97 per cent to settle at 14,789.95 levels. 

Alphageo (India) Limited today announced that it has been awarded a contract from Oil & Natural Gas Corporation Limited (ONGC Ltd), Dehradun for providing services for 3D seismic data acquisition in OALP-IV block of Vindhyan Basin during the field season of 2020-21. The estimated value of the contract is Rs 77 crore (inclusive of taxes) for Sector-I. 

During Wednesday’s trading session, the stock of IIFL Finance Ltd jumped more than 9.98 per cent and made an intraday high of Rs 213.20. The stock hit a fresh 52-week high of Rs 213.20 today. The shares of IIFL Finance have gained 80.40 per cent in the last five trading days. 

There is no ‘one-size-fits-all’ way to choose the number of funds. It depends upon an individual’s personal preference as well as his/her goals. Read onto find out how one should determine the number of funds. 

Surya Roshni Limited has bagged new order worth Rs 85.53 crore for the supply of API 5L grade 3LPE coated line pipes to Bharat Gas Resources Limited (BGRL) for BGRL/BPCL CGD projects.

Subscription, being a new concept in India, the company received overwhelming response in the past few months in the form of over 15,500 enquiries. 

The market opened in green on February 03, 2021, overall volumes in futures & options currently stand at 4,42,36,269 contracts with a turnover of Rs. 41,68,708.53 crore.

The market opened in green on February 03, 2021.

The market opened in green on February 03, 2021, overall volumes in futures & options currently stand at 4,42,36,269 contracts with a turnover of Rs. 41,68,708.53 crore.

Shahlon Silk Industries Limited announced the expansion of its product market, domestically as well as internationally. The announcement was made on Tuesday after the market hours.

Tata Consumer Products Limited (TCPL) has signed definitive agreements to acquire a 100 per cent stake in Kottaram Agro Foods (KAF), owner of the brand 'Soulfull’. The transaction is expected to be completed by Q4FY21.

Glenmark Pharmaceuticals Limited announced on Wednesday that the company has received final approval from United States Food & Drug Administration (USFDA). Reacting to the news, its share rose nearly 2 per cent on BSE.

Tata Consumer Products Ltd:  The company has entered into share purchase agreements (SPAs) and a share purchase & investment agreement (SPIA) with the existing promoters and shareholders of Kottaram Agro Foods Private Limited.

High spirits continued for the second straight day on Tuesday on the back of growth orient announcements in the Union Budget 2021. Nifty opened with a gap-up and went onto touch the high of 14,731 in the morning session. However, soon, opening gains pared and the index traded in a narrow range to settle with gains of 2.57 per cent at 14,648 levels.

As per the new mandate, senior citizens aged 75 & above are not required to file income tax returns, subject to conditions. Read onto find out more.

Power Grid Corporation of India Limited made the announcement on Monday after the market hours that it has been declared as the successful bidder under tariff-based competitive bidding for establishing transmission system for “transmission system strengthening scheme for the evacuation of power from solar energy zones in Rajasthan (8.1 GW) under Phase II – Part C” on the build, own operate & maintain (BOOM) basis. 

Further, this breakout is supported by a robust volume of nearly double the 50-day average volume, indicating a strong buying interest by the market participants.

Interest on employee contribution towards EPF above Rs 2.5 lakh would be taxable with effect from April 1, 2021. Read onto find out more.

Brookfield India REIT is approaching the capital market to raise Rs 3,800 crore. Read onto find out if you should subscribe to the issue.

Dr Reddy’s Laboratories today announced the launch of Vigabatrin tablets USP, 500 mg, a therapeutic equivalent generic version of Sabril® (Vigabatrin) tablets, USP, approved by United States Food & Drug Administration (USFDA).

TVS Motor Company Limited has introduced a new platform called TVS intelliGO. The new technology will debut on TVS Jupiter; thus, making it the first 110cc scooter in the industry to come with this technology.

We have curated a list of the top five gainers & losers from BSE 500 index between the period of February 1, 2020 and February 1, 2021 i.e. from Budget 2020 to 2021. 

Finance Bill 2021-22 has proposed to tax capital gains from Unit Linked Insurance Plans with a premium of more than Rs 2.5 lakh per year. Read onto find out more.

The market opened in green on February 02, 2021, overall volumes in futures & options currently stand at 4,31,78,820 contracts with a turnover of Rs. 38,53,697.10 crore.

The market opened in green on February 02, 2021.

The market opened in green on February 02, 2021, overall volumes in futures & options currently stand at 4,31,78,820 contracts with a turnover of Rs. 38,53,697.10 crore.

Hero MotoCorp: Hero MotoCorp sells 4.85 lakh units of motorcycles and scooters in January 2021.  Zensar Technologies: Zensar launches integrated digital XDR as a service to counter new and emerging threats.

The price action of the day formed a sizeable bullish candle, and this sizeable bullish candle surpassed the move of September 20, which was seen on the back of the corporate tax cut. On September 20, Nifty had closed with gains of 569 points while on Monday i.e. on Budget Day, it closed with gains of 647 points.

The shares of cement companies gained post Budget 2021 presentation in Lok Sabha today. 

On Monday, the financial & banking stocks turned out to be the major market movers as Sensex climbed 2,314.84 points while Nifty rose by around 5 per cent.  

The stock of IndusInd Bank Limited surged nearly 15 per cent on Monday. Read onto know more about what the option data say about the stock.

On Monday, the domestic benchmark indices recorded the biggest ‘Budget Day’ gains ever in absolute terms. Sensex surged by 5 per cent or 2,314.84 points to close at 48,600.61 levels. Nifty jumped by 4.74 per cent or by 646.60 points to settle at 14,281.20 levels.  

On Monday, India’s largest integrated power utility, Tata Power announced that it has obtained a letter of intent (LoI) from Odisha Electricity Regulatory Commission (OERC). The LoI was basically for the distribution as well as the retail supply of electricity in five circles of North-Eastern Electricity Supply Company of Odisha (NESCO), which include areas of Balasore, Bhadrak, Baripada, Jajpur & Keonjhar. 

The target of fiscal deficit has been revised to 9.5 per cent of GDP in revised estimates for FY21 compared to the budgeted level of 3.5 per cent of GDP.  

The shares of metal companies gained as a result of positive announcements in the Budget 2021, which was aimed towards uplifting the domestic steel & metals industry.  

Finance Minister Nirmala Sitharaman announced a total expenditure estimate of Rs 93,224 crore for the education sector in 2021-22.

The government announced the addition of 100 cities to the city gas distribution network, which further boosted the stock of gas companies. The government informed that the pipelines of GAIL (India) Ltd, Indian Oil Corporation (IOC) and HPCL will be monetised. 

Amid the protests by farmers against the three contentious laws affecting Indian farmers, Union Finance Minister Nirmala Sitharaman announced the Budget for the Indian agricultural sector amidst the sloganeering by the opposition.  

Finance Minister announced a record funding of Rs 1.12 lakh crore outlay for railways, out of which, Rs 1.07 lakh crore is for capital expenditure, the highest-ever till now. 

Today, Sensex is up by more than 1,600 points on an intraday basis and is well on its path to deliver one of the best Budget day performances till date.  

We have taken Nifty 500 universe into consideration and the criteria for volume & price is set as volume traded, which should be greater than its previous session’s traded volume and price should be greater or higher than its previous session's high. In all, 27 stocks are meeting these criteria.

The measures for boosting up the insurance sector were also highlighted during the presentation of Budget 2021. Some proposals were made to amend the Insurance Act 1938.  

The Government of India today announced Capex to the power sector of Rs 5.54 lakh crore in FY22 vs FY21's Rs 4.39 lakh crore. The government announced that power transmission assets of Rs 7,000 crore will be transferred to Power Grid InvIT. The centre will also provide Rs 2 lakh crore to states & autonomous bodies for Capex. 

The Finance Minister announced a sharp increase in the capital expenditure of nearly 34.5 per cent to Rs 5.54 lakh crore for FY 2022 as against Rs 4.39 lakh crore.

The Budget event so far is tilting towards bulls in a big way with Sensex recording gains of more than 900 points on an intraday basis.  

A high level of provisioning by the public sector banks surely stresses on the needs to have measures to clean up the books of banks and provide for additional support. With the announcements of PSU Banks, their shares zoomed.  

The Budget outlay for health and welfare is Rs 2.23 lakh crore in 2021-22 Budget. This is a 137 per cent increase.

With the announcement of ‘Voluntary Vehicle Scrappage Policy’, S&P BSE Auto index witnessed a jump of 1.14 per cent. 

Nirmala Sitharaman begins her Budget speech by quoting Rabindranath Tagore’s line, “Faith is the bird that feels the light when the dawn is still dark.”  

• Finance Minister Nirmala Sitharaman begins with Budget 2021 announcements. Currently, the announcements related to Part A are being made.

The market opened in green on February 01, 2021.

The market opened in green on February 01, 2021, overall volumes in futures & options currently stand at 2,01,26,546 contracts with a turnover of Rs. 17,93,726.30 crore.

The market opened in green on February 01, 2021, overall volumes in futures & options currently stand at 2,01,26,546 contracts with a turnover of Rs. 17,93,726.30 crore.

On Monday, while some stock witnessed buzz ahead of the Budget announcement, a few remained in the red zone as investors are worried whether Budget will show any support for these.  

As expected, the markets are showing volatility with a positive bias on the Budget day after the markets corrected for five straight sessions.  

High volatility in stocks is expected on Monday as Union Budget announcements will bring euphoria to some while disappointment to others. Investors have already been focussing on stocks by remaining optimistic about Budget announcements in some sectors.  

As the market eagerly awaits the contours of Budget; the banks, especially private banks are seen outperforming the markets. On the other hand, the IT & Pharma stocks are seen underperforming the markets during the first hour of the trade.  

The shares of IDBI Bank gained over 7 per cent on Monday, ahead of Union Budget 2021 announcements.  

Amber Enterprises: The ban on imports with refrigerant filled ACs has opened up new opportunities for the domestic manufacturers as well as for Amber. The company has already signed 6 new customers since the announcement. Amber Enterprises has bought land in the Supa region near Pune and the construction activity would start soon. 

Nifty has corrected 7.8 per cent from its all-time high of 14,753.55, which is its highest fall pointwise and the third biggest fall in percentage terms since March lows. A fall above 10 per cent is categorised as a correction. Now, with the last six days of fall, Nifty is giving many bearish signals. To begin with, Nifty has closed below the 50-DMA and at the same time, it closed below the 61.8 per cent retracement level of the recent upswing.

If the foundation is firm it can withstand all the vagaries of an economic scenario.

After an eventful 2020, Indian stock markets witnessed strong rallies towards the end of 2020, which seemed to continue at the beginning of January 2021 as well. On the contrary, January 2021 proved to be a volatile month for the Indian stock markets.  

The corporates and common man await favourable announcements with bated breath as Finance Minister Nirmala Sitharaman indicated this Budget to be like “never before”. What is more important for the market participant is to know historically which sectors performed well post the Budget announcements. To help the market participants know exactly which sectors performed well and which lagged behind, we have done an analysis of the last 10 Budgets, which includes Interim Budget as well. We have analysed one-month performance post the Budget announcement of key sectors and the broader indices (Nifty Mid-cap, Nifty Small-cap and Nifty 500) against NSE Nifty 50 Index.

On Friday, NSE announced that it has added five new stocks in the Futures and Options (F&O) segment.

As the month of January 2021 comes to an end, we observed that among all the sectoral indices, the auto sector has managed to lead by giving positive returns of around 8 per cent from January 1, 2021 to January 29, 2021.  

On Friday, the stock of Solara Active Pharma Sciences Limited zoomed 15.6 per cent, hitting its all-time level of Rs 1,542.05.  Later, it closed in green, up by 11.24 per cent at Rs 1,485.50 from its previous close of Rs 1,335.45. In less than a year, the stock has recovered by 320 per cent from its 52-week low of Rs 366.80. In the month of January 2021, the company has delivered a return of approximately 31 per cent. 

On the final trading session of the week, the stock of Maruti Suzuki India Limited plunged by over 5 per cent. Read onto know what the technical chart of the stock indicates.

During the last week of January 2021, Sensex fell by around 4.26 per cent. The bearish attack continued ever since January 21, 2021, when Sensex had tumbled by around 7 per cent.  

Larsen & Toubro Limited (L&T) informed on Friday during the market hours that its construction arm has secured a contract to supply 28 bridges for Mumbai-Ahmedabad High-Speed Rail Corridor.

The bearish attack continued in the domestic stock markets even on Friday as Sensex fell by 588.59 points or by 1.26 per cent to settle at 46,285.77 levels while Nifty plunged 182.95 points or 1.32 per cent to close at 13,634.60 levels. 

The time has come to invest in various avenues to avail deduction under section 80C. Here is the ELSS investment strategy that you can implement. 

The three sectors which have given a maximum number of multibagger stocks since the Union Budget 2020 are as follows: Pharmaceuticals & Drugs, IT (Software) and Chemicals. Talking about the pharmaceuticals & drugs, there are 68 active stocks in this sector, and out of these, around 90 per cent of the stocks have managed to deliver positive returns since the Union Budget 2020.

The stock of GameStop Corporation, the omnichannel video game retailers, has witnessed over 2,300 per cent upward momentum in just 11 trading sessions. Read onto know what the technical chart of the stock indicates. 

Prince Pipes & Fittings Limited (PPFL) has launched its seventh manufacturing facility in Sangareddy (Telangana) by initiating commercial production. With this new plant, it can further expand its pan-India manufacturing presence and strengthen its position in the South Indian market.

The market opened in green on January 29, 2021.

The market opened in green on January 29, 2021, overall volumes in futures & options currently stand at 9,17,84,676 contracts with a turnover of Rs. 77,23,189.13 crore.

The market opened in green on January 29, 2021, overall volumes in futures & options currently stand at 9,17,84,676 contracts with a turnover of Rs. 77,23,189.13 crore.

Presently, markets are trading at their all-time high and have also somewhat corrected in the near past. So, what should MF investors do? Let’s find out.

Nifty remained under selling pressure for the fifth consecutive session and ended down by 1.07 per cent. It opened with a gap-down, following feeble global cues, and further drifted lower as the session progressed. Nevertheless, during the second half of Thursday’s session, a recovery of 100 points was seen from the lower levels, which helped the index to settle above the 13,800 mark.

Infosys, a global leader in next-generation digital services announced on Thursday that it has achieved an elite status in Snowflake Partner network in order to enhance the ability to build & operate their own connected data ecosystems, create new data-powered offerings and revenue models, while managing cloud consumption efficiently.  

Sundaram Asset Management Company with assets under management of over Rs 40,000 crore has announced the purchase of  Principal Asset Management with assets under management of Rs 7,747 crore.

Considering the latest order, the order pipeline of Tata Power Solar Systems Ltd (TPSSL) stands at approximately 4.2 GWp with an approximate value of Rs 12,500 crore thus, strengthening the company’s position as India’s leading solar EPC player for the seventh year in a row among utility-scale. 

Quess Corp Ltd today announced its definitive agreement to subscribe to a 49 per cent stake in the gig economy start-up named Taskmo for a consideration of Rs 10 crore.

Jindal Poly Films (JPFL) has decided to enter into a partnership with DIC Corporation (DIC), Japan in the area of CPP films to fulfill the demands of the Indian as well as other exports market.  

The asset under management of the domestic mutual fund industry has increased by 13.59 per cent in December on a yearly basis. The participation of retail investors has declined during the same period.  

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Gold as an asset class has outperformed the Sensex over the past few years and has had investors study gold prices with a sense of disbelief. While the comparison with equities may not always be justified, gold as an asset class is expected to remain one of investors’ top preferred asset classes. Shreya Chaware discusses the key factors that may drive the gold prices in 2021

Aditya Birla Fashion & Retail Limited (ABFRL) informed about its strategic partnership with India’s largest designer brand-Sabyasachi on Wednesday after the market hours.

The market opened in red on January 28, 2021.

The market opened in red on January 28, 2021, overall volumes in futures & options currently stand at 5,31,96,114 contracts with a turnover of Rs. 46,21,298.00 crore.

Currently there is quite a buzz revolving around electric vehicles (EVs) and allied segments. With the Indian government’s support, the question that lies ahead is: ‘Will 2021 see the beginning of India’s electric vehicles’ revolution?

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

Oil India Limited has kickstarted its exploration and production operations by launching its first-ever seismic survey in the North-Eastern state of Tripura. 

In this edition, we have reviewed Ashoka Buildcon and Shriram Transport Finance Limited.