Jindal Stainless Limited (JSL), the largest manufacturer of stainless steel in India as well as the parent company of Jindal Stainless (Hisar) Ltd (JSHL) announced on Tuesday about the merger of JSHL with JSL.  

In spite of the volatility in the stock markets on Wednesday, a number of stocks locked in at their respective upper circuits.   

Saroglitazar Mg is the first medicine used for the treatment of NAFLD. This approval for NAFLD, along with either of the co-morbidities (obesity, type 2 Diabetes Mellitus, Dyslipidemia) would provide physicians with a viable treatment option.  

Retail investors hold more equity assets and have a longer investment horizon. 

KPIT Technologies Ltd is likely to give an ascending triangle breakout on the weekly charts. Read on to find out more. 

JMC Projects (India) Limited has bagged new orders worth Rs 698 crore that includes building projects in South India. This order win belongs to the company’s B&F (buildings & factories) business segment.

Reliance Industries: Reliance Industries Limited completes the acquisition of equity shares of IMG- R. Accordingly, IMG-R has become a wholly-owned subsidiary of the company. 

D-Street bulls seemed unstoppable on Tuesday as they continued to grind higher for the fifth successive day. However, the only regret was that despite having a super start to the day, they failed to touch the milestone of 14,000 levels. Nevertheless, it seems that today, they would finally touch the 14,000 mark as SGX Nifty indicates a wonderful start for the markets (up by 0.44 per cent). 

On a YTD basis, Bank Nifty is still down by 2.6 per cent whereas, Nifty, on a YTD basis, is up by 14.50 per cent. So, Bank Nifty has a lot to catch up with Nifty and this makes us believe that Bank Nifty would continue to outperform in the coming days. 

The stock of Quick Heal Technologies has formed a spinning top candlestick pattern as of March 27, 2020, and thereafter, marked the sequence of higher tops & higher bottoms. The stock has witnessed more than 190 per cent upward momentum from its 52-week low to the high of Rs 183.30 level. 

The stock of Cholamandalam Financial Holdings Limited has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout.

AU Small Finance Bank has informed that it has entered into a strategic partnership with ICICI Prudential Life Insurance Company to offer personalised insurance solutions to enhance the customer experience. The former aims to offer customised & goal-based life insurance solutions. 

The domestic benchmark indices continued to hit record highs as investors cheered on positive global & domestic cues. On Tuesday, Sensex gained by 259.33 points or by 0.55 per cent to settle at 47,613.08 levels while Nifty closed up by 59.40 points or 0.43 per cent at 13,932.60 levels.  

Dhanuka Agritech is probably giving a breakout from a descending triangle chart pattern on the weekly charts. Read on to find out more.

Glenmark Pharmaceuticals announced on Tuesday that it has launched a fixed-dose combination (FDC) of its novel, patent-protected Sodium-Glucose co-transporter inhibitors (SGLT2i)- Remogliflozin Etabonate and another commonly used DPP4 inhibitor (Dipeptidyl Peptidase 4 inhibitor) – Vildagliptin, in India.  

Overall, a positive trend is observed in agritech stocks including Dhanuka Agritech. The company has nearly doubled since the beginning of 2020.  

Biocon Biologics Ltd (a subsidiary of Biocon Ltd) and Mylan (a subsidiary of Viatris Inc.) have been further informed by United States Food & Drug Administration (USFDA) regarding the deferral of the action on Biologics licence application (BLA) for MYL-1402O, a proposed biosimilar to Avastin® (Bevacizumab). 

As your child takes baby steps and gradually climbs his/her education ladder, you have ample time and option to plan the funding in advance via education loan or mutual fund investment. Read this to find out which one is better and why! 

The India International Exchange (IFSC) Limited (India INX) witnessed an all-time high trading turnover of over USD 13.05 billion which is of around Rs 96,033 crore.

BSE has signed a Memorandum of Understanding (MoU) with bullion trade and industry association Patliputra Sarafa Sangh, Patna, Bihar. 

Vaishali Pharma Ltd has hit the upper circuit after bagging its first bulk order worth Rs 16 crore for the delivery of PPE kits and other COVID-19 related medical kits. 

The launch of Tacrolimus capsules expands Biocon’s generic formulation portfolio in the US. 

On Monday, the stock had given a breakout above the neckline of a double bottom formation. This breakout is confirmed by the above 50-day average volume. Additionally, the stock had formed a sizeable bullish candle on the breakout day, which adds further strength to the breakout.

The stock of Coromandel International has given an ascending triangle breakout on the daily timeframe. Further, the breakout is supported by a robust volume of more than 3 times of the 50-day average volume, indicating a strong buying interest by the market participants.

Biocon: Biocon expands generic formulations portfolio with the launch of Tacrolimus capsules in the US. Tacrolimus, a calcineurin inhibitor, is an immunosuppressant used in the treatment of organ transplant patients, which reduces the body’s ability to reject a transplanted organ. It has been particularly effective in treating patients of renal transplant for more than two decades. 

Fireworks are likely to continue on D-Street today also, as SGX Nifty indicates that Nifty could climb 50 points at the opening bell and open around 13,938.50 levels.

On the downside, Monday’s gap area of 13,771-13,811 is likely to act as a cushion in case of any dip or correction. We would advise the readers to maintain a positive yet cautious stance and avoid contrarian trades as long as the bulls continue to hold above the gap area.

The company on Monday announced its expansion plans in the eastern part of India. It informed that it will expand in the region with two of its brand products namely, Joy e-bike and Vyom Innovations.   

In the last few months, investors are continuously exiting from their mutual fund investment. Read on to find out why. 

After approving Sputnik-V from Dr Reddy’s Lab and Covaxin from Bharat Biotech, ZyCoV-D is the next one in line seeking permission to start phase III trials.  

Bharat Forge Ltd announced that the company has agreed to invest in  Avaada SataraMH Private Limited (ASPL) for the purchase of solar power as a group captive user and further, made an investment of around Rs 2.87 crore in terms of 28,70,000 equity shares of Rs 10 each in ASPL.  

Lupin Limited informed that it has received tentative approval from United States Food & Drug Administration for Efinaconazole topical solution, 10 per cent to market a generic equivalent of Jublia® topical solution, 10 per cent of Bausch Health Americas, Inc. This solution is used to cure Onychomycosis, a fungal infection caused in nails. 

When the stock markets had tumbled last week, the small-cap & mid-cap stocks were strongly affected. Despite that, some managed to stage a positive recovery.  

Bharti Airtel is likely to form an inverted cup & handle pattern, which is a bearish chart pattern. Read on to find out more. 

The shares of India’s leading real estate developer, DLF Limited, were up by more than 4 per cent during the early trade on Monday after the company revealed its plans to acquire a 51.8 per cent stake in Fairleaf, a joint venture company, which owns and operates One Horizon Center in Gurugram.  

Advanced Enzymes Technologies Limited’s (AETL) board of directors have approved the issuance of 4,92,630 equity shares of SciTech Specialities Private Limited (SSPL) to be offered on a preferential issue/private placement basis by SSPL. It also includes the purchase of 27,778 equity shares from selling shareholders of SSPL, aggregating to 5,20,408 equity shares i.e. 51 per cent of the equity share capital of SSPL.

Reading these documents would help you to understand the basic facts that are important for making an investment decision on any fund.

After rallying 17 per cent in the previous seven consecutive weeks, the bulls hit a pause button amid the discovery of a new strain of Coronavirus in the UK. However, after an initial trauma, Nifty recovered smartly in the remaining part of the week and ended the week with modest losses of 0.08 per cent.

Asian Granito: The company is eyeing exponential growth from the export business in the current fiscal. Anti-China sentiments, reduction in gas prices, and robust export orders from the USA, Europe, UK, and the Middle East are driving the export business in the current fiscal and it is expected to get further momentum in the coming months.

Every now and then, people talk about how mainstream window shopping has switched to online shopping and how the gentlemen’s game i.e. Cricket, shifted its gears from Test Cricket to the fast & furious mode i.e. T-20 Cricket.

The shares of Holcim-promoted cement companies, Ambuja Cements & ACC Ltd were trading in the green on Thursday after the companies received board approval for paying technology fees to their parent company, Holcim Limited.  

Moreover, the company will provide an enhanced full-service enterprise mobility solution to customers through complete access and management of eSIM & software layer. 

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Edelweiss Financial Services is coming up with its NCD issue with a base issue size of Rs 100 crore. Read on to find out more.

The market opened in green on December 24, 2020, overall volumes in futures & options currently stand at 3,40,93,286 contracts with a turnover of Rs. 28,84,493.46 crore.

The market opened in green on December 24, 2020.

The market opened in green on December 24, 2020, overall volumes in futures & options currently stand at 3,40,93,286 contracts with a turnover of Rs. 28,84,493.46 crore.

eClerx Services announced that it is acquiring Eclipse Global Holdings LLC (Personiv), which is an Austin, Texas-headquartered company having its operations in business process management & services, with a special focus on the outsourced accounting space.  

Caplin Point Laboratories’ subsidiary company, Caplin Steriles Limited has received final approval from United States Food & Drug Administration (USFDA) for its abbreviated new drug application (ANDA) Etomidate injection USP.

On Thursday, Aurobindo Pharma, a leading pharma company, signed an exclusive agreement with COVAXX, a US-based company for developing and commercialising COVID-19 vaccine i.e. UB-612, the first multitope peptide-based vaccine to fight COVID-19, for India and United Nations Children's Fund (UNICEF) agency. 

After recovering from a steep fall on Monday, some consolidation is expected at the current levels. 

Market on Wednesday ended in the green, overshadowing the global sentiment due to a new strain of COVID-19 found in the UK. Sensex went up by 0.95 per cent, a hike of 437.49 points, and settled at 46,444.18. Nifty too gained, 134.8 points, a 1 per cent gain at 13,601.10. It proved to be a good day for IT stocks with Infosys being one of the top gainers, followed by Hindustan Unilever and Mahindra & Mahindra.  

The fund will predominantly invest across sectors and stocks with a focus on riding business cycles. 

With the intent of expanding its health & nutrition business, the leading manufacturer & marketer of dairy-based branded products, Parag Milk Foods informed the bourses on Wednesday that it has established state-of-the-art facilities with a capacity to manufacture 40 MT of lactose per day. 

Under this agreement, Glenmark Pharma will be responsible for the development & regulatory approval of the nasal spray by relevant European Regulatory Authorities whereas, Menarini Group will be responsible for the commercialisation of Ryaltris across these markets. 

Ramco Systems today announced that it has signed a multi-million-dollar agreement with a Global Fortune 500 major to unify & transform its payroll for 18 countries in the Asia-Pacific region on Ramco’s managed payroll services. 

With this strategic acquisition, Firstsource Solutions will be able to strengthen its presence in large markets like Texas and New York, coupled with new capabilities of pre-authorisation and patient bill estimation at the front-end of the RCM cycle.  

The EPC project is regarding the construction of eight-lane access-controlled expressway in the section of Delhi-Vadodara greenfield alignment under Bharatmala Pariyojana in the state of Rajasthan.

The market opened in green on December 23, 2020.

The market opened in green on December 23, 2020, overall volumes in futures & options currently stand at 4,07,15,938 contracts with a turnover of Rs. 34,71,531.68 crore.

The market opened in green on December 23, 2020, overall volumes in futures & options currently stand at 4,07,15,938 contracts with a turnover of Rs. 34,71,531.68 crore.

Bajaj Auto Limited informed the bourses on Tuesday after the market hours that it has signed a memorandum of understanding (MoU) with the Government of Maharashtra for setting up a manufacturing facility on a proposed investment of Rs 650 crore in Chakan (Maharashtra). 

On Tuesday, Wipro Ltd announced that it has entered into a strategic digital and IT deal with METRO-NOM GMBH and METRO Systems Romania SRL thereby, helping METRO AG to streamline its business while focussing on the wholesale food sector. 

After making an all-time high of Rs 918.75, the stock of SBI Cards corrected almost 17 per cent. Read on to find out more.

Daimler AG and Infosys announced a strategic partnership on Monday after the market hours for a technology-driven IT infrastructure transformation. 

Interestingly, the leading indicator i.e. the 14-period daily RSI has also given a symmetrical triangle pattern breakout, which is a bullish sign. The daily ADX is currently quoting at 24.63 levels and it is in a rising mode.

With no clear trend being established, the markets may reflect heightened volatility on Wednesday.  

On Tuesday, Sensex recovered from Monday's dip, by gaining 0.99 per cent and settling at 46,006.09. Nifty saw the highest jump of 1.03 per cent at 13,466.30 points.  

HDFC Infrastructure Fund is a sectoral fund offering that is dedicated to the infrastructure sector. In this article, we would be reviewing its performance. Read on to find out more. 

India’s leading quick service restaurant (QSR) chain, Domino’s Pizza has announced the launch of ‘The Unthinkable Pizza’, country’s first plant protein-based product. 

Aster DM Healthcare and Cayman Islands Government today announced an agreement for making the Cayman Islands as Aster’s clinical excellence hub for the Western hemisphere, serving North America, the Caribbean region, Canada, Latin & South America. 

Oil India Limited, the second-largest national exploration & production company announced on Tuesday that it has signed a memorandum of understanding (MoU) with Assam Hydrocarbon & Energy Company Limited in Guwahati, India.  

Zensar Technologies announced that it has been selected by NFU Mutual, the UK’s leading rural insurer, to form a new strategic technology and digital relationship to support multiple technologies that underpin a number of the company’s key business systems. 

Hindustan Foods Limited (HFL) has announced that it will be undertaking a capital expenditure worth Rs 125 crore in the Northern region of India through its wholly-owned subsidiary, HFL Consumer Products Private Limited. 

The civil engineering company will construct an elevated viaduct of 11.6 km from Kadarshani Nal (Gujarat) to Dream City Dead End for Surat Metro Rail Project Phase-1.  The project is worth Rs 779.73 crore with a construction period of 30 months. 

Birlasoft has multiple verticals including energy, manufacturing, banking, financial services & insurance (BFSI). The company also provides digital transformation and integrated solutions to enterprises. The contribution from these verticals is divided and is not dependent on one particular industry thereby, making it a diversified portfolio.

The market opened in red on December 22, 2020, overall volumes in futures & options currently stand at 3,78,82,868 contracts with a turnover of Rs. 33,11,832.38 crore.

The market opened in red on December 22, 2020, overall volumes in futures & options currently stand at 3,78,82,868 contracts with a turnover of Rs. 33,11,832.38 crore.

BSE-listed NBFC Moneyboxx Finance Limited (MBFL) raises debt of Rs 10 crore from BlackSoil Caspian and Ashv Finance. 

AstraZeneca Pharma India Limited informed on Monday that it has been granted permission by Drugs Controller General of India (DCGI) for importing & marketing of Benralizumab 30mg/ml solution for injection (Fasenra™). The medicine helps in treating a severe & rare type of asthma caused mainly in adults. 

The digital lending platform is designed to aid lenders in rapidly expanding business operations as well as generating digital revenue streams by targeting new customer segments. 

Rufinamide oral suspension 40 mg/ml is a generic equivalent of Banzel oral suspension of Eisai Inc, which is used in the treatment of seizures associated with Lennox-Gastaut syndrome (LGS) in pediatric patients of age one year and older. 

On Monday, the stock had given a neckline breakdown of Adam & Adam double top pattern. Along with this neckline breakdown, the stock, after a span of almost 33 trading sessions, had closed below its crucial short-term moving average i.e. the 20-day EMA. 

Monday saw bears putting pressure on the markets with concerns over a new variation of the COVID-19 virus and dominating the market moods. The new stricter lockdowns in the UK led to travelling curbs in Europe; hence,  leading to a sharp sell-off in travel-related stocks in Europe. 

Sensex dipped by 1,406.73 points or by 3 per cent on Monday to settle at 45,553.96. Following is a list of stocks that will remain in focus today - Thermax Ltd, JSW Steel, Kolte-Patil Developers, UFO Moviez, and Tata Motors.

The stock of Firstsource Solutions Limited was trading in an upward channel since October 2020. However, on Monday, the stock has given a breakdown of the upward sloping trendline of the rising channel, which suggests a correction before another northward journey.

Interest rates on fixed income instruments are lower than that of inflation. So, what should investors do in such a scenario? Let’s find out.

The identical three crows’ candlestick is a bearish reversal pattern. The pattern occurs when the bears overtake the bulls during three consecutive trading sessions. The pattern shows three bearish long body candles on the pricing chart with short or no shadows. This pattern usually indicates a weakness in an established uptrend as well as the potential emergence of a downtrend.

The stock of SpiceJet Limited has given a downward sloping trendline breakout as on November 11, 2020, and thereafter, witnessed over 100 per cent upside in just 21 trading sessions. However, on Monday, the stock has formed a bearish island reversal pattern on the daily chart.

Global Aviation software specialist Ramco Systems announced on Monday that it would implement its flagship aviation software, Ramco Aviation M&E MRO Suite for Iberia Maintenance (Iberia MRO), one of Europe’s leading MRO service providers in IAG Group. 

On Monday, bears created chaos as the domestic markets witnessed a sharp fall i.e. the biggest intraday fall since March 2020.  

Oil & Natural Gas Corporation (ONGC) undertook the process of producing oil during the weekend from the well Asokenagar-1, Bengal Basin in 24 Paragana district.  

The market opened in red on December 21, 2020.

The market opened in red on December 21, 2020, overall volumes in futures & options currently stand at 1,84,60,466 contracts with a turnover of Rs. 15,96,153.71 crore.