The shares of Punjab National Bank (PNB) fell as much as 6 per cent on Wednesday, continuing the trend seen in the last two days after the bank announced the opening of qualified institutional placement (QIP) issue. The price of the state-owned lender fell below the QIP flow price of Rs 37.35 during today’s early trading session before showing some recovery.

Ratnamani Metals & Tubes has received a domestic order of Rs 105 crore for coated carbon steel pipes from the oil & gas sector, to be executed between May 2021 and September 2021.

Everyone is eager to know what the mutual fund managers bought and sold but mostly keen to know what they actually bought. So, let’s find out the stocks that attracted fund managers in the month of November 2020.

The market opened in green on December 16, 2020.

The market opened in green on December 16, 2020, overall volumes in futures & options currently stand at 2,42,99,801 contracts with a turnover of Rs. 21,05,350.46 crore.

The market opened in green on December 16, 2020, overall volumes in futures & options currently stand at 2,42,99,801 contracts with a turnover of Rs. 21,05,350.46 crore.

Cipla Limited today announced its partnership with Premier Medical Corporation Private Limited for commercialisation of rapid antigen test kits for COVID-19 in India

Mahindra & Mahindra Ltd (M&M) announced on Tuesday after the market hours that the company is planning to increase the price of its range of passenger & commercial vehicles across models with effect from January 1, 2021. The company has done this as a result of an increase in commodity prices and other input costs.

Ice Make Refrigeration Limited: The company is fully geared to tap opportunities and provide cold chain solutions to healthcare stakeholders for the much-awaited requirements of the COVID-19 vaccination drive.

Tuesday was all about the turnaround on D-Street as the key benchmark indices reversed their losses and eked out modest gains. In the current scenario, the bulls seem to have conditioned to buy a dip and there is no point in fighting the trend.

The trend of the index is up, and as long as it trades above the 13,400 mark dips, it would attract buyers while on the upside, the zone of 13,600-13,650 is a strong resistance zone for fresh momentum index, which needs to move above this resistance zone.

On Tuesday, the domestic markets witnessed a highly volatile session. Sensex recovered by 421.5 points from the day’s low to close at 46,263.17 levels, up by 9.71 points or by a mere 0.02 per cent. Nifty gained by 9.70 points or 0.07 per cent to settle at 13,567

Tata Elxsi, a global design & technology services company, has added an offering to its reference design kit (RDK) portfolio by developing an end-to-end, full-stack; intuitive UI/UX solution or reference application framework for RDK video accelerator set-top boxes (STBs)

BSE Ebix Insurance Broking Private Limited, a joint venture of BSE and Ebix Fincorp Exchange Pte Ltd., today announced the beta launch of term Insurance of ICICI Prudential Life Insurance Co. Ltd. on its state-of-the-art hi-tech platform.

Parag Parikh Long Term Equity Fund has changed its name to Parag Parikh Flex Cap Fund. Read on to find out more.

The market opened in red on December 15, 2020.

The market opened in red on December 15, 2020, overall volumes in futures & options currently stand at 1,90,63,372 contracts with a turnover of Rs. 16,50,943.80 crore.

The market opened in red on December 15, 2020, overall volumes in futures & options currently stand at 1,90,63,372 contracts with a turnover of Rs. 16,50,943.80 crore.

L&T infrastructure, a well-known player in the infrastructure sector has bagged orders from prestigious clients for two of its businesses.

Mrs Bectors Food Specialities, one of the leading companies in the premium & mid-premium biscuits segment, is hitting the primary capital market with its IPO. Read on to find out if you should subscribe to the issue. 

Sterlite Technologies: The company has made a number of key leadership appointments to expand its capabilities to offer end-to-end advanced solutions for digital networks, and drive its next phase of growth.

Even though the markets ended in green on Monday, volatility was the hallmark of the session as India VIX rose by 3.25 to 19.40. Further, multiple indecisive candle formations on the daily chart signalled that the dominant bulls are witnessing a slowdown in their pace of ascending.

Overall, Nifty seems to move slowly and gradually in the northward directions but with the formation of multiple indecisive candles in the last couple of trading sessions, it clearly indicates that the momentum is dwindling and if the indecisive bars get a confirmation (by closing below the prior bar low), the bears would smell the blood.

Ramco Systems on Monday stated that it has signed four agreements worth multi-million dollars.

On Monday, Burger King gained by around 131 per cent, touching its high of Rs 18 per share on BSE on the listing debut day. 

Markets ended close to record highs as Sensex gained by 154.45 points or by 0.34 per cent to settle at 46,253.46 levels while Nifty rose by 44.30 points or 0.33 per cent to close at 13,558.15 levels.

Franklin India Focused Equity fund is a focussed multi-cap fund offering from Franklin Templeton AMC India. Read on to find out more.

Cipla has settled its patent litigation with Celgene over the blockbuster cancer drug Revlimid. Celgene Corporation, a subsidiary of Bristol Myers Squibb, has agreed to provide Cipla with a licence to Celgene’s required patents. Cipla can then sell or manufacture certain volume-limited amounts of generic Lenalidomide in the United States sometime after March 2022.

United Phosphorus Limited (UPL) has denied news relating to the forensic audit initiation by SEBI in respect to the whistleblower complaint raised against the company.

The market opened in green on December 14, 2020.

The market opened in green on December 14, 2020, overall volumes in futures & options currently stand at 2,09,10,961 contracts with a turnover of Rs. 18,01,927.52 crore.

The market opened in green on December 14, 2020, overall volumes in futures & options currently stand at 2,09,10,961 contracts with a turnover of Rs. 18,01,927.52 crore.

A subsidiary of Biocon Limited i.e. Biocon Biologics and Mylan, a subsidiary of Viatris Inc., have received a positive opinion from European Medicines Agency's committee for medicinal products for human use (CHMP), recommending approval of the market authorisation of Kixelle, a biosimilar Insulin Aspart, which is rapid-acting insulin for the treatment of type 1 and 2 diabetes.

KEC International Ltd, a flagship company of RPG Enterprises, informed that it has received new orders worth Rs 1,438 crore. This order is divided into various businesses namely railways, civil, transmission & distribution as well as cables.

United States Food & Drug Administration (USFDA) has issued the first emergency use authorisation (EUA) as a vaccine for COVID-19.

UPL: UPL has denied a report appearing in certain sections of the media that SEBI has initiated a forensic audit with respect to the whistle-blower complaint. UPL is asking SEBI to inquire about this and similar malicious reporting in the last few months.

In the last week, volatility was witnessed on the Indian shores, especially in the last trading session of the week as the market swung both ways before settling the day with modest gains. The extinct bears had attempted all tricks in the books to make a comeback but all efforts were in vain as the mighty bulls were backed by the strong liquidity gush by FIIs.

Going ahead, the opening on Monday and the price action thereafter is crucial to watch out for as sustaining & closing below 13,400 would be a breach of the rising trendline on the 75-minutes chart and long-legged Doji gets a confirmation. Hence, for Monday, 13,400 would be crucial for the bulls as a close below this would let the bears put a foot into the door.

The shares of Indian Hume Pipe Company Ltd were trading up by 4 per cent on Friday after the company informed the bourses that it has bagged a Rs 550 crore order in Uttar Pradesh, India.

The stock of Shipping Corporation of India Limited has given a downward sloping trendline breakout as of November 26, 2020, and thereafter, witnessed a nearly 63 per cent upward move in just 11 trading sessions. However, on Friday, the stock formed a reversal dark cloud cover candlestick pattern, which signals a possible trend reversal.

The stock's relative strength index (RSI) has reached its highest value in the last 14 weeks, which is bullish. It has also managed to close above the 60 mark after a span of almost seven months.

Pharma major, Alembic Pharmaceuticals Limited informed the exchanges on Friday that it has received approval from United States Food & Drug Administration (USFDA) for its abbreviated new drug application (ANDA) Asenapine sublingual tablets, 5 mg & 10 mg.

BSE, India’s premier and most diversified exchange and the world’s fastest Stock Exchange has launched an electronic spot platform for agricultural commodities - “BSE E-Agricultural Markets Ltd. (BEAM)” - through its subsidiary BSE Investments Ltd.

The company received LOA for pipe drinking water schemes from Namami Gange & Rural Water Supply Department in the state of Uttar Pradesh. 

PNC Infratech Limited, in a joint venture with SPML Infra Limited, announced on Thursday after the market hours that it has received a letter of acceptance (LOA) for an EPC project.

The market opened in green on December 11, 2020.

The market opened in green on December 11, 2020, overall volumes in futures & options currently stand at 7,00,40,385 contracts with a turnover of Rs. 58,52,495.97 crore.

The market opened in green on December 11, 2020, overall volumes in futures & options currently stand at 7,00,40,385 contracts with a turnover of Rs. 58,52,495.97 crore.

PNC Infratech: The company has been a receipt of the letter of acceptance (LOA) for an EPC project, namely 'Survey, Design, Preparation of DPR, Construction as well as the commissioning and O&M for 10 years of Rural Water Supply Project in 952 villages in Devipatan Division of Uttar Pradesh for an approximate value of Rs 952.0 crore.

Friday is a new day and the bulls are expected to start with fresh energy. SGX Nifty is indicating a positive start as it was trading up by 10 points at 13,534 levels. However, we believe that consolidation could be the theme of the day with stock-specific movement, as markets in the recent past have run up too much, too fast; so, a healthy consolidation is likely to take place and it may continue its rally post a required consolidation. 

In the coming sessions, we could see a sideways action and during this sideways action, the level of 13,370-13,400 is likely to act as immediate support. On the upside, the level of 13,550 is likely to act as a resistance level.

The promoter plans to sell 2,40,00,000 equity shares of the company with an option to additionally sell 80,00,000 shares. The company has set a floor price of Rs 1,367 per share for the sale.

L&T Technology Services Limited, a leader in global pure-play engineering services, announced on Thursday that it has been selected by a global oil & gas major to be the primary engineering partner.

Equitas Small Finance has launched a three-in-one account (savings+trading+demat), which will be a convenient option for the customers to keep their banking & financial investments under one roof.

The Fund of Funds (FoF) scheme will predominantly invest in the units of ETFs/Index Funds of Nippon India Mutual Fund.

Snapping their gaining streak, the domestic benchmark indices ended Thursday’s trading session in negative territory. Sensex closed down by 143.62 points or by 0.31 per cent at 45,959.88 per cent while Nifty ended at 13,478.30 levels, down by 50.80 points or 0.38 per cent.

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The shares of Maruti Suzuki were trading up by almost 1 per cent as the markets were trading in the red on Thursday after the auto major decided to increase prices across its model range from January 2021.

The market opened in red on December 10, 2020, overall volumes in futures & options currently stand at 3,04,63,383 contracts with a turnover of Rs. 26,16,664.62 crore.

The market opened in red on December 10, 2020, overall volumes in futures & options currently stand at 3,04,63,383 contracts with a turnover of Rs. 26,16,664.62 crore.

The market opened in red on December 10, 2020.

Maruti Suzuki India: Over the past year, the cost of company's vehicles has been impacted adversely due to increase in various input costs. Hence, it has become imperative for the company to pass on some impact of the above additional cost to customers through a price increase in January 2021. Eveready Industries: The company has denied reports of Dabur promoters to buy a controlling stake in Eveready.

On Thursday, the bulls are likely to take a pause as the global cues are negative and SGX Nifty is indicating a fall of 58 points at the opening bell in Nifty. It would be interesting to see whether the market participants grab this initial dip as a buying opportunity like they have done in recent times and would the foreign portfolio investors also latch on to this opportunity and keep markets afloat or not. We do believe this dip will have takers as long as Nifty sustains above the 13,400 mark.

The gap-area of Wednesday (13,435-13,449) is likely to act as an important level for the index. On the upside, sustaining above Wednesday’s high of 13,550 could lead the index towards the level of 13,700, where the next resistance is likely to be seen.

The India International Exchange (IFSC) Limited (India INX), India’s first international exchange based in the International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City) witnessed an all-time high trading turnover of over USD 11.71 billion (Rs 86,199 crores approx.) on its derivative segment in daily trading turnover on December 09, 2020, with a market share of over 74 per cent in GIFT IFSC.

BSE StAR MF has achieved a positive net equity inflow of Rs 370 crore for the month of November 2020. On the contrary, the industry experienced an outflow of Rs 12,917 crore during the same month.

The stock of Zensar Technologies Limited has formed a hammer candlestick pattern as on the weekend of March 27, 2020, and thereafter, marked the sequence of higher tops & higher bottoms. The stock gained more than 308 per cent from its 52-week lows and has also given over 49 per cent returns from year-to-date.

The pattern occurs when bears overtake the bulls during three consecutive trading sessions. On the pricing chart, the pattern showcases three bearish long body candles with short or no shadows. This pattern usually indicates a weakness in an established uptrend as well as the potential emergence of a downtrend.

ICICI Prudential Life Insurance and RBL Bank have entered into a bancassurance partnership to offer life insurance products to the bank’s customers.

Intellect Design Arena, a global leader in financial technology across banking & insurance announced on Wednesday that it has appointed CreditorWatch, a commercial credit reporting bureau, to deliver commercial data & insights on sole traders to Australian Securities Exchange (ASX) listed public companies.

On Wednesday, the markets continued their bull run as Sensex closed at 46,103.50 levels, up by 494.99 points or 1.09 per cent while, Nifty gained 136.15 points or 1.02 per cent to settle at 13,529.10 levels.

Firstsource Solutions and Celonis today announced a strategic partnership that will enable businesses to quickly identify & eliminate process constraints, drive agility, and optimise outcomes.

Equity mutual funds continued to witness outflows even in November 2020. Read on to find out more.

TCS, a leading global IT service, consulting & business solutions organisation, has launched a new product called TCS Clever Energy^TM.

The market opened in green on December 09, 2020, overall volumes in futures & options currently stand at 2,64,68,335 contracts with a turnover of Rs. 22,80,190.75 crore.

Vascon Engineers Limited announced on Tuesday after the market hours that it has received a work order amounting to Rs 37.74 crore from Transcon-Sheth Creators Private Limited for the construction of composite sale building no. 3 Rehab in Malad (Mumbai).

The market opened in green on December 09, 2020.

The market opened in green on December 09, 2020, overall volumes in futures & options currently stand at 2,64,68,335 contracts with a turnover of Rs. 22,80,190.75 crore.

The company will manufacture Dexmedetomidine Hydrochloride in 0.9 per cent Sodium Chloride injection, in the strengths of 200 µg/50 ml and 400 µg/100 ml single doses in flexible containers (bags). The injection is said to launch in January 2021.

JSW Steel: The crude steel production for the month of November 2020 was at 13.32 lakh tonnes, showing a growth of 3 per cent YoY. The average capacity utilisation was 89 per cent during the month of November 2020. The shortage of iron ore remained a constraint in November 2020 to achieve higher capacity utilisation.

The unabated journey continued for the Indian markets on Tuesday as well with both the indices, Sensex & Nifty logging fresh record highs. However, it was a tough row to hoe for the bulls as extinct bears fought their heart to gain supremacy but all in vain as the recovery in the second half of the trading session once again provided an advantage to the bulls.

On the upside, the resistance is placed around 13,435, followed by 13,535 levels. On the downside, support is seen around the 13,300 mark. As long as it trades above the 13,300 mark, buy-on-dips would be a prudent strategy.

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

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.

On Tuesday, Sensex gained by 181.54 points or by 0.40 per cent to close at 45,608.51 levels while Nifty was up by 37.20 points or by 0.28 per cent and settled at 13,392.95 levels.

TVS Srichakra Limited announced its planned capital expenditure today of Rs 1,000 crore to ramp-up manufacturing in two of its plants in Madurai (Tamil Nadu) and Pantnagar (Uttarakhand).

Indoco Remedies announced today about winning major tenders in Germany, including AOK for Allopurinol tablets. This is the first time that the company would be launching its own label product in Europe.

Canara Bank Ltd, one of the largest public sector banks in India, is set to raise Rs 2,000 crore by way of qualified institutional placement (QIP). Reacting to the news, its stock gained 8 per cent on Tuesday.

HDFC bank has recently moved into a correction. So, is this correction journey likely to continue? Let’s find out.

The market opened in green on December 08, 2020.

The market opened in green on December 08, 2020, overall volumes in futures & options currently stand at 2,17,09,777 contracts with a turnover of Rs. 18,23,826.19 crore.

The market opened in green on December 08, 2020, overall volumes in futures & options currently stand at 2,17,09,777 contracts with a turnover of Rs. 18,23,826.19 crore.

Bengaluru is a key market for the company and the project would help the company to deepen its presence across the country's leading real estate markets.