Talbros Automotive Components Limited’s (TACL) 50 per cent JV company, Marelli Talbros Chassis Systems Pvt Ltd has bagged a multi-year order from a large European car manufacturer. The order is for supplying body-in-white (BIW) design parts.

The FoF will invest in units of overseas ETFs, funds or both. 

In the year 2021, the returns from debt MFs are likely to moderate. Read onto find out more.

On Monday, Sensex and Nifty opened at record highs. Sensex, for the first time, crossed 49,000 levels. The index closed at 49,269.32, gaining by 486.81 points or by 1 per cent from its previous close while Nifty rose by 137.50 points or by 0.96 per cent to settle at 14,484.75 levels.  

On Monday, Adani Green Energy Limited (AGEL) announced that its step-down subsidiary, Adani Solar Energy Chitrakoot One Limited has commissioned a 25 MW solar power plant at Chitrakoot (Uttar Pradesh).  

The shares of Dr Reddy's Laboratories were trading in the green on Monday after the drug manufacturer announced the launch of Febuxostat tablets, a therapeutic equivalent generic version of Uloric (Febuxostat) tablets.    

The new order, worth Rs 450 crore, is for NALCO’s fifth stream alumina refinery expansion project at Damanjodi (Odisha).

The market opened in green on January 11, 2021.

The market opened in green on January 11, 2021, overall volumes in futures & options currently stand at 1,92,36,214 contracts with a turnover of Rs. 17,72,979.98 crore.

The market opened in green on January 11, 2021, overall volumes in futures & options currently stand at 1,92,36,214 contracts with a turnover of Rs. 17,72,979.98 crore.

KEC International announced during the weekend that it has received new orders across its various businesses. The orders, which amount to up to Rs 1,024 crore in total, have been received in various segments such as transmission & distribution, railways, civil, solar, and cables.  

Sadbhav Engineering Limited (SEL) has received a letter of acceptance (LoA) from Gujarat Metro Rail Corporation (GMRC). The LoA has been granted for the metro rail project, having a contract value of Rs 779.73 crore. 

Domestic AUM increased by 3.38 per cent on a sequential basis in the month of December 2020.

Himatsingka Seide Ltd today announced that it entered into a licensing agreement with the Walt Disney Company for the European region. It will give Himatsingka the rights to the design, develop, manufacture and distribute a broad range of home textile products inspired by Disney's vast archives and characters from all its franchises including Disney, Marvel, Pixar and Lucas.

During Friday’s trading session, the stock of APL Apollo Tubes jumped more than 7 per cent and made new 52-week high of 976.25. Shares of the company have gained 53.50 per cent in the last two months.

The market opened in green on January 08, 2021

The market opened in green on January 08, 2021, overall volumes in futures & options currently stand at 1,92,36,214 contracts with a turnover of Rs. 17,72,979.98 crore.

The market opened in green on January 08, 2021, overall volumes in futures & options currently stand at 1,92,36,214 contracts with a turnover of Rs. 17,72,979.98 crore.

Bharat Forge Limited gives ascending channel breakout on the weekly timeframe. Read on to find out more.

Phoenix Mills Limited today spiked 8.7 per cent after the company released its business performance update for the quarter ending December 2020. The stock of Phoenix Mills has recovered ~76 per cent from its 52-week low level of Rs 466.25 in March 2020.

The price increase was mainly due to unprecedented increase in commodity prices and various other input costs. 

When was the last time we had seen Nifty ending in red for two consecutive trading sessions? I know it’s hard to recall but this statement gives us an indication that we are very much used to bullish close these days. As a matter of fact, Nifty had witnessed two consecutive red on November 29-30, 2020.

ABB India today has launched a range of miniature circuit breakers (MCBs), residual current circuit breakers (RCCBs), and isolators for the electrical retail market in India. These MCBs are available with a seven-year warranty. Circuit breakers with this long warranty are the first in the Indian electrical market. 

Integrated third-party logistics (3PL) service provider, Mahindra Logistics Limited (MLL) announced the launch of its cargo last-mile delivery service under the brand name ‘EDel’. With this, the company entered into a new service line of sustainable last-mile logistics in e-commerce, FMCG, and other markets.  

Lupin Limited has received tentative approval for its Empagliflozin & Metformin Hydrochloride extended-release (ER) tablets, 5 mg/1,000 mg, 10 mg/1,000 mg, 12.5 mg/1,000 mg, and 25 mg/1,000 mg, from United States Food & Drug Administration (USFDA). The product will be manufactured at Lupin's Nagpur facility in India.

Tata Power today announced that the company has received a letter of award from Kerala State Electricity Board Limited (KSEBL) on January 6, 2021, to develop a 110 MW solar project. The electricity will be supplied to Kerala State Electricity Board for a period of 25 years from the scheduled commercial operation date. 

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The domestic markets turned volatile during Thursday’s trading session. Sensex tumbled by around 465 points from its day’s high of 48,558.34. Compared to its previous close, the index declined by 0.17 per cent or 80.74 points to settle at 48,093.32 levels. On the other hand, Nifty slipped by 0.06 per cent or 8.90 points to close at 14,137.35 levels.  

Polycab India Limited is on the verge of giving a strong breakout on the weekly charts. Read onto find out more. 

BCPL Railway Infrastructure Limited has received a letter of acceptance (LoA) from Howrah division – Electrical, Eastern Railway worth Rs 16.2 crore.

The market opened in green on January 07, 2021.

The market opened in green on January 07, 2021, overall volumes in futures & options currently stand at 4,39,29,307 contracts with a turnover of Rs. 39,30,886.96 crore.

The market opened in green on January 07, 2021, overall volumes in futures & options currently stand at 4,39,29,307 contracts with a turnover of Rs. 39,30,886.96 crore.

The company recorded the best ever quarterly sales volume without any major launch during the quarter.

With a positive momentum hovering over its Asian peers, the domestic stock markets are likely to open on a positive note on Thursday.  

Sensex declined by 263.72 points or by 0.54 per cent on Wednesday to settle at 48,174.06. Following is a list of stocks that will remain in focus today – Lupin, Dixon Technologies, Wendt, Ramco Systems and CEAT.    

Dixon Technologies (India) and Imagine Marketing Pvt Ltd (known as, boAt) have entered into an agreement for manufacturing of twin wireless speakers. Dixon shall be manufacturing the said products from its manufacturing facility located in Noida (Uttar Pradesh).

The global pharmaceutical company, Lupin Limited announced that it has received approval for its Sulfamethoxazole & Trimethoprim oral suspension USP, 200 mg/40 mg per 5 ml from United States Food & Drug Administration (USFDA). 

Cigniti Technologies, a global leader in independent quality engineering & software testing services announced a partnership with Sonatype. The partnership aims to help enterprise customers innovate faster and easily mitigate the security risk inherent in the open-source.

The shares of BEML were trading up by almost 5 per cent during the early trading session on Wednesday after the defence equipment manufacturer announced that it has secured orders from the Ministry of Defence (MoD).  

On Wednesday, the domestic benchmark indices halted their gaining streak as Sensex declined by 263.72 points or 0.54 per cent to close at 48,174.06 levels while Nifty fell by 53.25 points or 0.38 per cent to settle at 14,146.25 levels.  

The market opened in red on January 06, 2021.

The market opened in red on January 06, 2021, overall volumes in futures & options currently stand at 3,14,02,967 contracts with a turnover of Rs. 27,72,035.18 crore.

The market opened in red on January 06, 2021, overall volumes in futures & options currently stand at 3,14,02,967 contracts with a turnover of Rs. 27,72,035.18 crore.

Garment Mantra Lifestyle Ltd, which was earlier known as Junction Fabrics & Apparels Ltd announced that it has successfully acquired 74 per cent stake in Twenty Twenty Trading LLP, which operates the value retailing brand - Price Mantra. 

The company has received orders worth Rs 632.88 crore for Konkurs-M anti-tank guided missile (ATGM) along with launchers and test equipment.

Relaxo Footwears Limited forms an ascending triangle price pattern on the weekly charts. Read onto find out more.

Considering the daily timeframe, the stock of JK Cement Limited has bounced from the edge of the rising trendline support (on a logarithmic scale) formed by connecting swing lows from May 12, 2020, and coincides with the 50-day exponential moving average.

The stock of Vedanta Limited has formed a descending hawk candlestick pattern on the daily timeframe. The descending hawk pattern closely resembles a bearish harami or inside day pattern except for the fact that in descending hawk pattern, both the bodies are green rather than opposite in colour.

Considering the daily timeframe, the stock of Axis Bank Limited has given a downward sloping trendline breakout, formed by connecting swing highs since November 2020. This breakout is confirmed by the above 50-day average volume.

Sensex gained by 260.98 points or by 0.54 per cent on Tuesday to settle at 48,437.78. Following is a list of stocks that will remain in focus today - ACC, BEML, Avanti Feeds, HDFC & ONGC.  

Though bulls are expected to show some movement in today’s trading session, gains may be capped due to mixed cues from the global indices.  

Salasar Adorus Infra LLP, a subsidiary of Salasar Techno Engineering Limited has received orders for Bangalore Metro Corporation Rail Project, which is estimated to be worth Rs 252 crore. 

Gravita India Limited has signed an annual agreement with Luminous Power Technologies Private Limited (Gurugram) for supplying 12,000 MT of refined lead and lead alloys, to be executed in 2021, which at current lead prices, would be an approximate contract value of Rs 180 crore.

The market opened in red on January 05, 2021, overall volumes in futures & options currently stand at 2,72,45,492 contracts with a turnover of Rs. 24,11,220.96 crore.

The market opened in red on January 05, 2021.

The market opened in red on January 05, 2021, overall volumes in futures & options currently stand at 2,72,45,492 contracts with a turnover of Rs. 24,11,220.96 crore.

The equity market has gained by more than 25 per cent in the last three months while RIL lost 17 per cent of the market cap during the same period. Read onto know more about the MF schemes that are selling and buying the company’s share. 

The company will also carry out the maintenance of entire project stretch design length of 109.27 km for 7 years in the state of Tamil Nadu on engineering, procurement & construction (EPC) mode.

Bharat Electronics Limited forms an inverted head & shoulders chart pattern in the downtrend. Read on to find out more. 

Currently, the stock has given an ascending triangle pattern breakout on the daily timeframe. This breakout is confirmed by the above 50-day average volume. The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern.

For January series, the highest call open interest is at 700 strikes with 17,28,900 OI. On the put side, the highest put open interest is at 650 strikes with 25,50,000 OI. Today, the highest addition in the open interest was seen at 770 calls of January expiry with 11,74,700 OI while on the put side, 650 puts have seen the highest addition in the open interest with 25,50,000 OI. 

The derivatives data is also suggesting a long build-up in the stock. On Monday, January series stock future saw 3,72,000 addition of open interest, which is 27.33 per cent addition in the open interest. It indicates that there is a long build-up in the market.

On Monday, the markets continued to touch record highs as Sensex gained by 307.82 points or by 0.64 per cent to settle at 48,176.80 levels while Nifty was up by 114.40 points or by 0.82 per cent closing at 14,132.90. In spite of a volatile trading session, Sensex managed to recover by nearly 582 points from the day’s low of 47,594.47  

Garment Mantra Lifestyle Ltd has decided to widen and diversify its offerings to the public beyond garments into products such as electronics, fashion accessories as well as home appliances. 

L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro has bagged an order of over Rs 7,000 crore from HPCL Rajasthan Refinery Limited (HRRL).

NHPC Limited has signed a memorandum of understanding (MoU) with Jammu & Kashmir State Power Development Corporation Limited (JKSPDCL) for the execution of Kirthai-11 (930 MW), Sawalkot (1,856 MW), Uri-I (stage-II) (240 MW), Dulhasti (stage- II) (258 MW), and hydropower projects in the union territory of Jammu & Kashmir.

NPS is one of the major avenues that can be used by salaried employees to get an additional deduction of up to Rs 50,000 over and above the 80C limit. Read on to find out the best performing schemes under different categories. 

Kansai Nerolac Paints gave a breakout on the weekly charts, breaking its previous all-time high levels. Read on to find out more.

The market opened in green on January 04, 2021, overall volumes in futures & options currently stand at 1,11,44,204 contracts with a turnover of Rs. 9,83,042.05 crore.

The market opened in green on January 04, 2021, overall volumes in futures & options currently stand at 1,11,44,204 contracts with a turnover of Rs. 9,83,042.05 crore.

The market opened in green on January 04, 2021.

The company will begin phase 3 clinical trial in around 30,000 volunteers. The launch of phase 3 will help to determine the effectiveness of the vaccine in preventing COVID-19. 

The weak dollar index has led to strong FII flows in the emerging markets, particularly in India. Indian equity markets have witnessed an inflow of over Rs 1,28,000 crore in the last few months with record inflow seen in the month of November 2020.

The derivatives data is also suggesting a long build-up in the stock. On Friday, January series PNB stock future saw 5,80,64,000 addition of open interest, which is 169.34 per cent addition in the open interest. It indicates that there is a long build-up in the market.

The open interest data is also supporting the same phenomenon. As for January monthly expire, the highest call open interest is at 75 strikes with 70,87,000 OI, followed by the 77 strikes call option with 24,32,000 OI. This suggests that the zone of Rs 75-Rs 77 will be a major hurdle for the stock.

Interestingly, the leading indicator i.e. the 14-period weekly RSI has surged above the 60 mark for the first time since June 2018. The weekly RSI is currently quoting at 62.21 and it is in a rising mode.

Compucom Software: The company has received a letter of acceptance (LoA) for providing satellite educational service as per government syllabus as well as the supply of related items in 303 government schools for an integrated scheme for computer education and information & communication technology at schools (phase-V) on BOOT basis from RCSE worth Rs 10.79 crore (approx.) over 27 months.

The 5-EMA that is placed at 13,934 is an important support level, followed by the zone of 13,771-13,811, which is likely to act as the next support level. On the upside, the level of 14,100, followed by 14,220, is likely to act as a resistance level.

Interestingly, on both the weekly and the daily chart, the leading indicator is in a super bullish range as per the RSI range shift rules. The daily MACD stays bullish as it is trading above its zero line and signal line. The histogram is suggesting a pickup in the upside momentum.

L&T informed that the metallurgical & material handling (MMH) business of its construction arm has secured EPC orders of coal processing plants in the domestic market. The order win also includes a prestigious engineering & procurement project for a metallurgical plant overseas. The announcement was made on Friday in the second half of the trading session.

The market opened in green on January 01, 2021.

Semi-annual review of categorisation of stocks is likely to throw some surprises. Read on to find out the expected changes. 

The market opened in green on January 01, 2021, overall volumes in futures & options currently stand at 6,72,17,624 contracts with a turnover of Rs. 57,82,890.81 crore.

The market opened in green on January 01, 2021, overall volumes in futures & options currently stand at 6,72,17,624 contracts with a turnover of Rs. 57,82,890.81 crore.

Praj Industries today announced that the company has won a new order from Indian Oil Corporation Limited for the execution of zero liquid discharge (ZLD) system. 

The shares of Escorts Limited were trading in the green on Friday after the company reported robust sales for December 2020.   

Union Cabinet gave clearance for Akash weapon system to export. With this, Bharat Dynamics Limited (BDL) is gearing up to take up export orders. 

Jindal Power Limited (JPL), a subsidiary of Jindal Steel & Power Limited (JSPL) announced on Thursday after the market hours that it has been declared a successful bidder for Gare Palma IV/1 coal mine by the Ministry of Coal.

The stock of Emami Limited has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout. Bollinger Band Squeeze occurs when the volatility falls to low levels and the band narrows. A volatility contraction or narrowing of the bands can foreshadow a significant advance or decline.

The company has received fifteen new orders from central or state government agencies in the month of December 2020.

The year 2020 would be listed as one of the most horrible years of humanity as we experienced what was not witnessed in the last hundred years i.e. the Coronavirus pandemic. However, paradoxically, 2020 turned out to be one of the best years for the stock markets. During this year, we saw one of the shortest & sharpest bears’ markets and a V-shaped recovery with Nifty touching the milestone of 14,000 mark on the final trading session of the year. 

Mahindra & Mahindra: The company along with Ford Motor Company have mutually and amicably determined that they will not further pursue their joint venture plan.  Indigo: Servers of the company were hacked earlier in December; internal documents may get uploaded by hackers on public websites & platforms. 

The level of 14,000 would act as an immediate resistance as this is a round number and any sustainable move above the 14,000 mark, could lead to the 14,200 mark. On the downside, Monday’s gap area (13,771-13,811) is likely to act as an immediate support level as it coincides with the previous all-time high of Nifty.