Tata Power today announced that it has received a letter of intent (LOI) from Odisha Electricity Regulatory Commission (OERC) for the distribution & retail supply of electricity in Odisha’s five circles of the western part (WESCO) and six circles of the southern part (SOUTHCO). Tata Power has received this licence of distribution for a period of 25 years.

RBI has kept the key policy rates unchanged. What does this mean for the debt mutual fund investors? Let’s find out.

This is an extremely rare pattern and usually occurs at the top of an uptrend. Generally, we rely on the typical momentum indicators or oscillators for recognising an overbought and oversold condition of the stock. However, this Japanese candlestick pattern gives us a unique way to recognise the time when the momentum is about to wane out.

The stock of KNR Constructions Limited has given a downward sloping trendline breakout on the weekly timeframe, formed by connecting swing highs from December 2017. Further, the breakout is supported by a robust volume of more than double of the 50-week average volume, indicating a strong buying interest by the market participants.

On Friday, the domestic benchmark indices touched record highs as Sensex closed at 45,079.55 levels, up by 446.90 points or 1 per cent while Nifty gained by 124.65 points or 0.95 per cent to settle at 13,258.55 levels.

During Friday’s trading session, the stock of NCC Ltd jumped more than 7 per cent and made an intraday high of Rs 51.45 per share. In the last one month, NCC has risen by 50 per cent.

The shares of Bharti Airtel were trading in the green on Friday after Telecom Regulatory Authority of India (TRAI) in its subscription data report revealed that for the month of September 2020, Airtel reigned supreme with more than 3.77 million subscriber addition, followed by Reliance Jio, which managed to add 1.46 million new subscribers in comparison.

The manufacturing of the drug will take place at the company’s manufacturing facility in Chantilly (Virginia) and its launch is expected soon.

Zydus Cadila today announced that it has received permission to start the phase III clinical trials in the COVID-19 patients with its biological therapy, Pegylated Interferon alpha-2b, ‘PegiHep^TM’ from Drugs Controller General of India (DCGI).  The trials will be conducted on 250 patients across 20-25 centres in India, starting in December.

The company has made an investment of Rs 5,477 crore for the expansion. Upon completion, the company’s capacity will increase to 136.25 MTPA, making it the third-largest company in the world, outside China.

The market opened in green on December 04, 2020.

On Friday, the stock Indian Railway Catering & Tourism Corporation Limited has surged over 12 per cent and marked an intraday high of Rs 1,597. Technically, the stock has given a downward sloping trendline breakout on the daily timeframe formed by connecting swing highs since June 2020.

The stock of Poly Medicure Limited was picked by our Bollinger Band squeeze scanner, which suggests that the stock is near a consolidation breakout.

The market opened in green on December 04, 2020, overall volumes in futures & options currently stand at 6,05,62,862 contracts with a turnover of Rs. 49,24,536.60 crore.

The market opened in green on December 04, 2020, overall volumes in futures & options currently stand at 6,05,62,862 contracts with a turnover of Rs. 49,24,536.60 crore.

Vakrangee Ltd announced on Thursday after the market hours that it has entered into a partnership with SBM Bank India to provide banking business correspondent (BC) services for pan India at Nextgen Vakrangee Kendra franchisees.

MHRIL: The company has subscribed to 6.67 per cent of the equity share capital of Rocksport for a cash consideration of Rs 3.05 crore.

Going into the final trading session of the week, the advantage is again with the bulls despite the lackluster cues from the global peers. SGX Nifty is trading higher by 38 points and at 13,241 levels. The early advantage to the bulls is due to the statement made by the Finance Ministry.

The level of 13,100 is likely to act as an immediate support level as a breach of this level could open gates for a further correction towards the 12,900 levels. Meanwhile, the 13,220 level should be watched on the higher side.

Ahluwalia Contracts Limited has secured new order aggregating to Rs 533.90 crore for the redevelopment of LTMG Hospital, Sion F/N ward - construction of Nursing College & RMO Residence building located behind the existing college building at LTMG Hospital (Mumbai).

The month of November was quite buoyant for equities as well as for equity-oriented funds. Read on to find out more about the best performing funds in the month of November 2020.

The real estate business of Larsen & Toubro has launched North Towers in Seawoods Residences in Navi Mumbai. The project is a part of India’s first transit-oriented development (TOD) - Seawoods Grand Central. The project has drawn strong attention from the homebuyers with over 300 expressions of interest received within the first two weeks of the launch. This carried the last year’s momentum when 500 apartments of this project were sold in a record time.

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Broadly speaking, the investors were betting on two types of trades in the first half of the year i.e. as soon as the pandemic-led lockdown was announced.

On Thursday, Sensex closed flat with a positive bias, gaining by a mere 0.03 per cent or 14.61 points to settle at 44,632.65 levels. Nifty ended at 13,133.90 levels, up by 0.15 per cent or 20.15 points.

The month of November turned out to be a historic one for the markets in many ways. For Sensex, it was the best November since 1993 while BSE Bankex witnessed the best ever performance since its inception. Banks dominated the markets in November and the outperformance of Bankex over Sensex was at its record best.

Burger King India, the national master franchisee of the BURGER KING, is hitting the primary capital market with its IPO. Read on to find out if you should subscribe to the issue. 

Several major real estate players are talking about strong revival in demand, be it affordable housing or luxury housing projects. With demand revival in place and interest rates at all time low - will real estate stocks outperform? Geyatee Deshpande has answers to the questions related to the real estate stocks.

After opening and rising as much as 2 per cent, the shares of private lender HDFC Bank witnessed a sudden fall of just over a per cent after Reserve Bank of India (RBI) ordered the lender to put a halt to its sourcing of new credit card customers and other launches of other digital business generating activities planned under the Digital 2.0 programme.

Fermenta Biotech today announced that its wholly-owned subsidiary, Fermenta Biotech USA LLC (FBU), Wilmington, DE, has acquired a 52 per cent stake in a US-based vitamin company, AGD Nutrition LLC (AGD).

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

After underperforming for several quarters, the mid-caps are finally back and for the first time in recent history analysts are taking a clarion call on mid-caps and betting on broader markets outperforming the Nifty. Ganesh Vaybase takes into account the key triggers working in favour of mid-caps while also highlighting the historical performance of this category in recent years. Additionally, the DSIJ Research Team has provided a list of top mid-caps based on certain parameters that will help investors zero in on mid-cap stock selection for their portfolio

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

In this edition, we have reviewed Bandhan Bank Ltd. and State Bank of India We suggest our reader-investors to HOLD in Bandhan Bank Ltd. and State Bank of India

This is a super house of financial data on 3500 corporates with up to date information. In the Magazine version the top 1100 -1400 companies are covered while the data on the entire 3500 companies is available in excel format for subscribers to download.

The market opened in green on December 03, 2020, overall volumes in futures & options currently stand at 3,46,87,626 contracts with a turnover of Rs. 28,98,439.57 crore.

The market opened in green on December 03, 2020, overall volumes in futures & options currently stand at 3,46,87,626 contracts with a turnover of Rs. 28,98,439.57 crore.

Above average returns are possible in equity investments if one can catch the broader trend early. If 2020 was all about the defensive stocks, especially pharmaceutical and IT stocks, in all likelihood 2021 may belong to the cyclical sector stocks. A change in portfolio stance is all that is required in order to outperform the markets in 2021, from defensives to cyclical stocks. Yogesh Supekar explains what exactly ‘cyclical stocks’ are and discusses why cyclical stocks may do well in 2021

The market opened in green on December 03, 2020.

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

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.

Alembic Pharmaceuticals today announced that it has received approval from United States Food & Drug Administration (USFDA) for its abbreviated new drug application (ANDA) Metolazone tablets USP 2.5 mg, 5 mg, and 10 mg.

Despite the numerous challenges posed by the pandemic, including a reduction in demand and cash flows, Tata Steel has maintained its leading position and now that the economy is limping back to normal, it is ready to implement new strategies to blow fresh wind into its sails

Our analysis shows how an all-equity portfolio performs compared to all-debt and 50 per cent debt and 50 per cent equity portfolio. That done, the choice is clear: those who are not in favour of too much volatility should preferably opt for a balanced portfolio

Wipro Limited announced that it has won a multi-year contract from VeriFone, a global leader in payments & commerce solutions, to drive agility across its cloud services offerings. The announcement was made on Wednesday post market hours.

As is said, one life is not enough to experience everything. But in the market it has proved to be otherwise. We started the year with the Nifty scaling to all-time highs,

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.

Tata India Consumer Fund is a thematic fund offering from Tata Mutual Fund. This fund follows the consumption theme. Read on to know more about its performance.

It is quite common to see investors picking funds off-the-shelf solely on the basis of their past performance. This applies to both equity as well as debt funds.

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.

When it comes to investing in mutual funds, a bad choice that many investors make is to simply park their funds looking at the star ratings provided by many rating agencies. Ideally, you should use rating as a screening tool. In this article we have discussed the different basis on which the funds are rated and ranked and why picking the best methodology is crucial for long-term returns

This column gives you scrip chosen by the research team during the fortnight that is fundamentally strong and expected to give good capital appreciation over a time period of 1 year.

While various sectoral indices inched upwards, news about resurgence in virus cases and ensuing lockdowns caused global disruptions

I am hugely impressed by your call on banking and financial stocks for outperformance. I want to know your opinion about sectors other than banks that can outperform in the coming months.

- Ravindra Jain

Taking an overview of the most current development in the markets, the FPI inflows are pushing the stock prices higher.

When it comes to investments, every individual has his own tips and advice to offer

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.

One of the biggest reasons why an investor invests in any security is to generate better returns. Mid-cap funds are the ones that will help him to achieve this objective. But that is not the only reason. Mid-cap funds tend to generate returns better than the large-cap funds in the long run. Read on to understand why

I really enjoyed reading your cover story titled "Buy Right and Sit Tight: How Right is That" as it debunks an outdated theory. It would be pleasure to read more such myth-busters.

In investments, there is always a trade-off between risk and return. Higher the risk you take, higher will be the return. As an investor you ought to take decisions based on what is the return that you are expecting to get for every additional risk you take. You take as much as risk till the time it is adequately compensated by better return.

In the last trading session, we saw the dips in the market were bought, which gives us an idea that the bulls are in driving seat and are backed by a strong liquidity push by the FIIs.

If you are a trader and missed few glimpses of Wednesday’s trading session, then you would realise that you haven’t missed much as Nifty ended with a minuscule gain of 4.70 points or 0.04 per cent.

Bharti Airtel: Nettle Infrastructure Investments Limited, a wholly-owned subsidiary of the company, has acquired an additional equity stake of 4.94 per cent in Bharti lnfratel.

Rolls-Royce, being one of the major world leaders in aerospace & defense technology, joined hands with the IT giant Infosys, which has deep knowledge in turbomachinery for sourcing engineering and R&D services for the civil aerospace business of Rolls-Royce.

Concluding today’s volatile trading session, Sensex recovered by 448 points from its today’s low of 44,169 levels to close at 44,618.04 levels down, by a mere 0.08 per cent or 37.40 points compared to its previous close. On the other hand, Nifty closed in green, up by 0.04 per cent or 4.70 points at 13,113.75 levels.

Rhizen Pharmaceuticals, a clinical-stage oncology-focussed biopharmaceutical company, and wholly-owned subsidiary of Alembic Pharma announced on Wednesday, the approval of its Investigational New Drug (IND) application by the US drug regulator, the United States Food and Drug Administration (USFDA) to study its oral DHODH inhibitor for SARS-CoV-2 infection.

Further, during Q2FY21, the total FDI inflows came in at USD 28,102 million. Out of which, equity inflows stood at USD 23,441 million or Rs 174,793 crore. With this, the total FDI equity inflow in FY21 stood at USD 30,004 million, 15 per cent greater than that of the corresponding period last year.

The market opened in red on December 02, 2020.

The market opened in red on December 02, 2020, overall volumes in futures & options currently stand at 2,07,73,356 contracts with a turnover of Rs. 17,48,724.93 crore.

The market opened in red on December 02, 2020, overall volumes in futures & options currently stand at 2,07,73,356 contracts with a turnover of Rs. 17,48,724.93 crore.

The company has received an order worth Rs 3,905 crore exclusive of GST in the month of November. Out of the four orders, one belongs to the water division amounting to Rs 848 crore and the remaining three orders belong to the building division worth Rs 3,057 crore. 

UPL: In the light of the strong performance in the first half and business prospects of the second half, driven by favourable agronomic conditions and strong agri-commodity prices, the group decided to redeem the notes early, from the cash in hand and de-leverage the balance sheet.

After recording an inflow of a whopping Rs 65,317.13 crore in the month of November, the strong buying by FIIs showed no signs of abating during the first session of December as they turned net buyers to the tune of Rs 3,242 crore. Overall, the market breadth was healthy and participation was seen across the board.

The trend remains in the favour of the bulls and now, the key level to watch out for is the level of 13,145 as sustaining above this level would help to negate the bearish implication of the bearish engulfing pattern. Meanwhile, on the downside, the level of 12,900 is a crucial support level.

Indian multinational information technology & outsourcing company, Mindtree today announced that it has partnered with Databricks to help customers implement cloud-based data platforms for advanced analytics.

Bajaj Auto posted a jump in total sales by 5 per cent in November 2020, with 4,22,240 units being sold. The sale of two-wheelers jumped by 12 per cent YoY whereas, the sales of commercial vehicles (CV) dropped by 38 per cent YoY.

The company has received an order worth Rs 1,000.72 crore from Water Resources Department, Government of Andhra Pradesh, on November 30, 2020.

It is a generic version of Tenoretic Tablets of Alvogen Malta Operations Limited. The drug is used in the treatment of hypertension, to lower blood pressure. 

On the domestic front, the company registered a growth of 30.9 per cent YoY to 9,662 tractors as against 7,379 tractors in the corresponding month of the previous year. 

The market opened in green on December 01, 2020.

The market opened in green on December 01, 2020, overall volumes in futures & options currently stand at 1,85,24,315 contracts with a turnover of Rs. 15,49,668.30 crore.

The market opened in green on December 01, 2020, overall volumes in futures & options currently stand at 1,85,24,315 contracts with a turnover of Rs. 15,49,668.30 crore.

The stock of HDFC Bank Ltd is trading at its all-time high levels and is likely to rally further. Here are the top five funds that are likely to benefit from it.

Credit ratings are considered to be one of the most-watched parameters while investing in debt instruments. Read on to find out more about it.

In Q2FY21, the company won an irrigation order worth Rs 196 crore under waterworks in UP and a mining contract in Odisha for Rs 33 crore. At this point in time, the company is majorly focussing on waterworks and expects significant new orders coming over the next few months.

During the quarter Q2FY21, the company secured orders worth Rs 7,402 crore in a joint venture, out of which, HCC’s contract share stood at Rs 3,337 crore. At the end of Q2FY21, the registered order backlog stood at Rs 18,995 crore.

The company informed that Aurobindo Pharma USA, Inc., a wholly-owned subsidiary of the company & Natrol LLC, USA, a wholly-owned step-down subsidiary of the company had entered into a definitive agreement with an affiliate of New Mountain Capital LLC, NY and Jarrow Formulas Inc., to dispose of Natrol LLC, USA, including its business assets as a going concern with related assets, liabilities, products, brands & employees.

Indian markets witnessed a fabulous run in the month of November. Nifty had advanced 11.39 per cent, while the broader markets had outperformed Nifty by logging gains of 15.52 per cent (Nifty Mid-cap) and 12.96 per cent (Nifty Small-cap).

We expect Nifty to trade in the range of 12,700-13,145 in the coming week. Meanwhile, traders would be better off focussing on a stock-specific approach.

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

PGIM India Mid-Cap Opportunities Fund is a mid-cap offering from PGIM India Mutual Fund. Read on to check the performance review of this fund.

Ashok Leyland has teamed up with Hitachi ABB Power Grids listed as ABB Power Products & Systems India Ltd along with Indian Institute of Technology Madras (IITM) for an e-mobility pilot.

Considering the daily timeframe, the stock of Indiabulls Real Estate has given a pennant pattern breakout on the daily timeframe. The height of the pennant’s pole is almost 16 points. This breakout was confirmed by the robust volumes.

Interestingly, the RSI has also given a neckline breakout of inverted head & shoulders pattern, which is a very bullish sign. The stochastic is also suggesting a bullish momentum as the fast stochastic line is trading below its slow stochastic line.