The market opened in green October 16, 2020, overall volumes in futures & options currently stand at 8,37,12,303 contracts with a turnover of Rs. 58,24,762.54 crore.

The market opened in green October 16, 2020, overall volumes in futures & options currently stand at 8,37,12,303 contracts with a turnover of Rs. 58,24,762.54 crore.

The largest stainless steel manufacturer in the country, Jindal Stainless Limited announced the launch of the second phase of its nationwide pipe & tube (P&T) co-branding program called Jindal Saathi 2.0 on Thursday.

Just like an avid shopper eagerly waits for the sales to start, similarly, the market participants wait for the markets to fall so that they can grab a huge discount on quality stocks!

Thursday’s market crash proved the age-old saying of D-Street, ‘bulls walk up the stairs, bears jump out of the window’. Nevertheless, on Thursday, Nifty witnessed a scary fall and recorded its biggest single-day fall in percentage terms after May 18.

Persistent Systems announced on Thursday that it has entered into an agreement to acquire Palo Alto, California-based CAPIOT, including its subsidiaries in Australia, India, and Singapore.

Deciding the optimal asset allocation and then sticking to it, helps the investors to achieve their financial goals by taking a risk that is manageable.

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Markets were volatile on Wednesday but today i.e. on the expiry day, markets were in control of the bears. Sensex slid by 1,066.33 points or 2.61 per cent to close at 39,728.41 while Nifty declined by 290.70 points or 2.43 per cent to settle at 11,680.35.

With this acquisition, the total operating renewable portfolio under the JV stands at 2,353 MW. AGEL and Total formed a joint venture (50:50) for 2,148 MW solar power assets in India. 

Kilpest India has been outperforming the markets for a couple of weeks now after tumbling from its all-time high of Rs 517 per share made on August 12.

The market opened in red October 15, 2020, overall volumes in futures & options currently stand at 3,23,79,234 contracts with a turnover of Rs. 23,32,584.76 crore.

The market opened in red on October 15, 2020.

The market opened in red October 15, 2020, overall volumes in futures & options currently stand at 3,23,79,234 contracts with a turnover of Rs. 23,32,584.76 crore.

As every coin has a flip side, mutual funds are no different in that sense. Fund managers not only buy but also sell. It becomes equally important to know what they are selling. So, let’s find out.

Leading industrial and automotive supplier, Schaeffler India informed the bourses on Wednesday that it has launched a new product called ‘Optime’, an efficient and easy-to-use low-cost solution designed to monitor the condition of all process-critical assets across entire machine and equipment.

HDFC Bank has been the leader of the banking pack for a while now, creating huge wealth for the investors. The company’s stock has jumped by nearly 20 per cent since the end of September.

As we all know that due to the pandemic, movies are not releasing in theaters but nevertheless, we had yet another blockbuster performance from the bulls on D-Street. On Thursday, the bulls on D-Street performed exactly like in a typical Bollywood commercial movie.

As the saying goes, ‘All’s well that ends well’, that's what was being displayed on D-Street on Wednesday. After initial turbulence, the bulls found their mojo back in the second half of the trading session and the markets ended higher for the tenth day in a row.

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 know more about the stocks that attracted the fund managers in September 2020.

The stated project is supposed to be commissioned within 15 months from the date of execution. As per the recent data from the company, the cumulative capacity under development in Gujarat would now stand at 620 MW after the completion of this project.

Interestingly, the stock price has made two lower lows in recent times but most of the indicators, including Relative Strength Index (RSI), have not reached near the prior low of 25.84, which was registered on September 24, 2020. Commodity Channel Index (CCI) has also supported the same phenomenon.

The standout highlights for the company in the first quarter were positive and it was able to grow booking value YoY by over 70 per cent to Rs 1,531 crore, through the sales of 2,130 homes, with a total area of 2.51 million square feet.

On Wednesday, the domestic benchmark indices closed in green. The markets remained volatile during today’s trading session as Sensex closed up by 169.23 points or 0.42 per cent to settle at 40,794.74 levels while Nifty closed up by just 36.55 points or 0.31 per cent to close at 11,971.05 levels.

Making a well-thought-out portfolio is the starting point of your investment journey and reviewing them is an important milestone.

Jindal Stainless seems to be a buzzing stock in the markets as an increase in the volume of the company’s scrip has been witnessed recently. On Wednesday, gaining for the third straight trading session, the stock of the company jumped by more than 6 per cent intraday.

The market opened in red on October 14, 2020.

The market opened in red October 14, 2020, overall volumes in futures & options currently stand at 2,14,82,205 contracts with a turnover of Rs. 15,48,921.92 crore.

The market opened in red October 14, 2020, overall volumes in futures & options currently stand at 2,14,82,205 contracts with a turnover of Rs. 15,48,921.92 crore.

SBI Cards & Payment Services (SBI Card) today gained nearly 4 per cent intraday soon after the festive sale began. In line with the changing shopping trends, the consumers will be given discounts as well as cashback offers, across a host of brands.

A break below the level of 11,889 would open up the gate for a correction towards the levels of 11,805-11,790 while, on the upside, a break above the level of 11,988 would open up for further upmove towards 12,040-12,120.

The fierce bulls are on a rampage as they recorded gains for the ninth consecutive day on Tuesday. It seems that there would be a full stop to this merry ride of the bulls as they faced a googly ball from the IMF after they predicted that India’s GDP for 2020-21 may contract 10.3 per cent from an earlier estimate of 4.5 per cent.

On Tuesday, as the domestic markets witnessed a volatile trading session, the benchmark indices barely settled with gains. Sensex closed up by a mere 0.08 per cent or 31.71 points at 40,625.51 levels while Nifty ended flat with a positive bias, gaining by only 0.03 per cent or 3.55 points to settle at 11,934.50 levels.

Considering the daily timeframe, the stock of L&T Technology Services (LTTS) has given a downward sloping trendline breakout, formed by connecting swing highs since May 2019. Further, the breakout is supported by a robust volume of more than 10 times of 50-day average volume, indicating a strong buying interest by the market participants.

On Tuesday, the domestic markets continued to remain volatile and subdued. In spite of this, a number of stocks made fresh 52-week highs, led by investors’ confidence. Stocks such as Cipla, JK Cement, Mindtree, JSL, etc. were trending.

The company confirmed the export orders of nearly 38,000 wheels for the US & EU markets. The wheels, which will be manufactured at Dappar (Punjab) & Chennai (Tamil Nadu) plant, are said to be executed in the months of December & January.

During Tuesday’s trading session, the stock of Rane Brake Lining jumped more than 19 per cent and made an intraday high of Rs 693.65. 

Amid the continuing rise in food prices, the inflation based on the consumer price index (CPI) jumped to an eight-month high of 7.34 per cent in September.

The market opened flat on October 13, 2020.

The market opened flat October 13, 2020, overall volumes in futures & options currently stand at 2,12,40,852 contracts with a turnover of Rs. 15,36,063.53 crore.

The market opened flat October 13, 2020, overall volumes in futures & options currently stand at 2,12,40,852 contracts with a turnover of Rs. 15,36,063.53 crore.

On the Capex front, the board has recently approved the setting up of an additional facility to produce 100,000 MTPA of Chloromethane in Dahej (Gujarat) at a projected cost of Rs 315 crore. This project would enhance the company’s industrial chemical portfolio and is likely to commence by January 2022.

On Tuesday, it will be a rare sight for the market participants to witness the Indian markets open in red as the domestic markets rallied for the eighth consecutive session on Monday.

In the near term, the index might oscillate in a range or move sideways with the level of 12,000 being a resistance level, while the level of 11,750-11,800 is likely to act as a strong support level.

It is very agonising to see that a few promoters take minority shareholders for granted. Conniving with brokers, they want to cheat minority shareholders, who put faith in both, the companies’ management & broker’s report, and invest their hard-earned money to get returns.

The domestic markets witnessed a volatile session on Monday, as Sensex fell by more than 300 points from the day’s high. Sensex gained by 84.31 points or 0.21 per cent to settle at 40,593.80 levels while Nifty closed up by 16.75 points or 0.14 per cent at 11,930.95 levels.

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 when the momentum is waning out.

The resumption of construction activities and the adoption of digital technologies would strengthen the demand for steel and make the Indian steel sector globally competitive.

Debt MFs witnessed an outflow in the month of September 2020, which was primarily led by liquid funds. Read on to find out more.

The shares of Shilpa Medicare plunged by more than 10 per cent after the company received a warning letter from USFDA for its Jadcherla facility situated in Telangana.

On the debt front, the company’s net debt stands at Rs 70.1 crore as of September 2020 as against Rs 127.9 crore in March 2020 and Rs 217.8 crore in September 2019.

The market opened in green on October 12, 2020, overall volumes in futures & options currently stand at 2,17,80,686 contracts with a turnover of Rs. 15,33,046.36 crore.

The market opened in green on October 12, 2020, overall volumes in futures & options currently stand at 2,17,80,686 contracts with a turnover of Rs. 15,33,046.36 crore.

The market opened in green on October 12, 2020.

Sensex made its all-time high in January 2020 when it touched 42,273.87 levels. At that time, SBI was trading at Rs 313.95 per share. 

D-Street gears for an early Diwali-like celebration as the bulls seem to continue to pick up from where they left on Friday. The early trend shows that SGX Nifty is likely to have a blistering start as it is trading up by 42 points above the 12,000 mark. The key catalyst for this is the strong global cues.

Nifty has moved higher within the last 10 days, which makes the current upswing, the longest swing since the last week of May in terms of length. The upswing of May 25-June 3 was about 6-day long but in percentage terms, in this upswing Nifty rallied almost 13 per cent. Both the swings i.e. the current one from September low of 10,790 and May 25-June 3, have quite a few things in common.  Stocks in news: Kellton Tech, Glenmark, GE Shipping, Shilpa Medicare and RITES.
 

Sundaram Bluechip Fund new fund offer closed on October 01 will reopen for subscriptions from October 14, 2020.

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

Currently, the stock of ITC Limited has divided the community of investors into two groups. One group comprises those who believe that it is incredibly attractive at the current levels while the other group is of the view that it’s a value trap. However, the question arises as to who is correct? Let’s check this from a technical perspective.

On Friday, the index surged above its 200-DMA for the first time after February 28, 2020. In technical parlance, the 200-DMA is considered important as it is one of the basic technical indicators that can be used to determine the long-term trend of security.

Overall, business sentiment in the manufacturing sector, which is reflected by the business assessment index (BAI), surged from a record low at 55.3 in Q1 to 96.2 in Q2, (but still remains in the contraction zone).

The company recorded the highest quarterly deliveries of 5.05 million tonnes in India, suggesting a pickup in demand for steel. 

The stock of Gujarat Narmada Valley Fertilisers & Chemicals Limited has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout.

As per the announcement, all individual housing loans shall have a risk weight of 35 per cent, if their loan-to-value ratio is at 80 per cent or lower. The term, loan-to-value ratio, means the percentage of the amount financed when compared to the value of the property.

Infibeam Avenues share price added 3 per cent during the early trading session on Friday after the company entered into a definitive agreement with Oman's second-largest bank i.e. Bank Dhofar to offer its acquiring processor services to the bank.

Sensex continued its forward march on the last day of a bullish week, gaining by 326 points or 0.81 per cent to close at 40,509 levels. Nifty jumped by 79.60 points or 0.67 per cent to close at 11,914 levels. 

The closest peers such as Rajesh Exports and Asian Star Company saw laggard stock price performance. Both the scrips are trading at a discount of more than 40 per cent from their 52-week high.

The share price of GOCL Corporation surged up to 5 per cent on Friday after its wholly-owned subsidiary, IDL Explosives, won an order to supply explosives and accessories worth Rs 186.8 crore from Singareni Collieries.

On the economic growth front, RBI said that the real gross domestic product (GDP) growth in 2020-21 is expected to be negative at (-) 9.5 per cent, with risks tilted to the downside: (-) 9.8 per cent in Q2FY21; (-) 5.6 per cent in Q3; and 0.5 per cent in Q4.

Solar Industries India and its subsidiary company Economic Explosives Ltd have received an order from the government-owned coal mining company, Singareni Collieries.

We compared the performances of two indices namely, S&P 500 and S&P BSE 500. For this, we have taken their closing values to determine the returns from the beginning of 2020 to September 30, 2020, i.e. of almost nine months.

Today i.e. Friday, October 9, 2020, is the final day for Vedanta shareholders to tender their shares for the reverse book building process for delisting that opened on October 5 and will conclude today.

The market opened in green on October 9, 2020, overall volumes in futures & options currently stand at 6,71,81,202 contracts with a turnover of Rs. 46,09,853.47 crore.

The market opened in green on October 9, 2020, overall volumes in futures & options currently stand at 6,71,81,202 contracts with a turnover of Rs. 46,09,853.47 crore.

The market opened in green on October 9, 2020.

The shares of Auro Laboratories have gained by almost 43.90 per cent in the last two trading sessions. The stock has been buzzing since the second day of this week when it jumped by 10.81 per cent during Tuesday’s trading session.

Hence, we analysed how much of BSE 500 universe is pledged, or has the promoter pledging increased or decreased as a trend? Here are the results of our analysis:

September results season has begun now with companies posting good recovery in numbers. However, to put it in perspective, let's recap June's quarterly earnings of Nifty 50 companies and compare it with their earnings last year’s same quarter to get an idea of how much effect the pandemic and GDP had on the June quarter.

The markets on Friday has continued with Thursday’s rally. However, in today’s session, mid-caps and small-caps are seen outperforming Sensex as BSE Small-Cap is up by 0.32 per cent while BSE Mid-Cap gains by 0.30 per cent. 

SEBI recently introduced a set of new rules on the table for MF, which would become effective from January 2021. Read on to find out more.

Majesco, an IT company that focusses on providing solutions to the insurance industry, announced in its board of directors meeting on Thursday that it has approved the proposal to buyback up to 74,70,540 fully-paid equity shares of Rs 5 each at a price of Rs 845 per share. This purchase will cost the company a total of not exceeding Rs 6,31,26,06,300.

In the T20 World Cup of 2007, it was Yuvraj Singh, who took Stuart Broad to knockers as he hit 6 sixes in a row! On Thursday, D-Street too witnessed a similar magical moment as the bulls knocked 6 sixes in a row i.e. they gained for the sixth straight session! Stocks in news: Voltas, Cybertech, Ramco Cements, Solar Industries.

In the last trading session, Sensex reclaimed its milestone level of 40,000 after almost 7 months, while Nifty regained its 11,800 mark. With this, Nifty is trading at an exuberant historical PE ratio. Definitely, the technical trend of the index in an upward trajectory but one should not forget this fundamental fact that PE is at historical highs.

Domestic AUM declined by 2.3 per cent on a sequential basis in the month of September 2020

Saregama India Ltd on Thursday launched a new product namely, Carvaan Mini Kids, which is the ultimate solution for parents worrying about kids’ increasing screen time.

Subscribers can ask their queries regarding stocks they hold and get our expert guidance.

1 stock recommendation based on Street Talk (with 7 days horizon).

 Fundamental Analysis of 1 Stocks (with 180 days horizon).

Review on 1 stocks recommended in past.

Sentiment Indicators.

Editor's views on the capital markets, stock reviews and word on Dalal Street.

Technical Analysis of 1 Stock (with 15 days horizon).

Sensex closed Thursday’s session up by 303.72 points or 0.76 per cent from Wednesday’s close to end the session at 40,182 levels while Nifty was up by 95.75 points or 0.82 per cent at 11,834 levels.