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

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

On Thursday, Sensex gained more than 629 points or 1.65 per cent to close at 38,697.05 while Nifty closed at 11,416.95, up by 169.40 points or 1.51 per cent.

On Thursday, Adani Green Energy (AGEL) informed the bourses that it has completed the acquisition of 205 MW operating solar assets from Essel Green Energy Private Limited (EGEPL) and Essel Infraprojects Limited (EIL).

The company registered the highest monthly alloy wheel sales, highest monthly exports as well as the highest ever monthly tractor wheel sales.

The market opened in green on October 1, 2020, overall volumes in futures & options currently stand at 3,42,69,804 contracts with a turnover of Rs. 22,49,491.64 crore.

The market opened in green on October 1, 2020.

The market opened in green on October 1, 2020, overall volumes in futures & options currently stand at 3,42,69,804 contracts with a turnover of Rs. 22,49,491.64 crore.

The insurance sector in India is still a low penetrated sector as compared to the global average. Read on to find out more.

Bafna Pharmaceuticals is one such stock that is gaining from the broader positive momentum in both, the pharma sector as well as the micro-cap segment. The stock has gained more than 161 per cent in the last one year. Meanwhile, it went up by 27.44 per cent in the last one month.

The Indian pharma industry has caught global investors’ attention in 2020. BSE Healthcare Index is up by more than 47 per cent on a YTD basis and JB Chemicals & Pharmaceuticals (JB Chem) is one of the few pharma companies that managed to outperform the best sectoral index in 2020 so far. JB Chem is up by 132 per cent on a YTD basis.

Every year, there are several stocks that surprise investors on the upside. Xelpmoc Design is one such outperforming stock that has turned into a multi-bagger in 2020. The stock is a micro-cap, which is up by almost 376 per cent since its listing on the bourses. On a YTD basis, the stock is up by 360.95 per cent while in six months, the stock has gained by 490.42 per cent. 

After a sideways movement during the last couple of days, the bulls seem to announce its authority at the dawn of October month. SGX Nifty indicates that the bulls will hit a century at the opening bell as it trades up by 105 points at 11,359 level.

Thursday could be a trend decider day and volatility could be seen as generally, a contraction in the range is followed by an expansion in the range. Thus, traders are advised to set their eyes on the level of 11,295 and 11,184. Stocks in news: Datamatics, Natco Pharma, Jindal Poly, Max Health, PNB.

Several stocks seem to have rebounded after the market crash, which was witnessed in March 2020. In recent months, a strong rally in the broader markets, mainly in small-cap stocks, was seen. With the steam now cooling off, investors seem to ponder over returning to large-cap stocks.

The year 2020 belonged to penny stocks with several stocks turning out to be multibaggers. The month of September also saw several penny stocks taking investors by surprise.

On Wednesday, the stock gave a downward sloping trendline breakout, formed by connecting swing highs from August 2020. This breakout is confirmed by a relatively higher volume.

On Wednesday, the domestic benchmark indices closed flat. The markets remained volatile during today’s trading session as Sensex closed up by 94.71 points or 0.25 per cent to settle at 38,067.93 levels while Nifty closed up by just 25.15 points or 0.22 per cent to close at 11,247.55 level.

Investors considered the stock of Laurus labs as a multibagger stock since it gained by around 295 per cent on a YTD basis. It made the scrip, one of the most favoured scrips by investors, in the pharmaceutical sector.

Sundaram Mutual launched a digital-first campaign to manage its entire NFO process, from creating awareness to investment in the new fund offer (NFO).

The market opened flat on September 30, 2020.

The market opened flat on September 30, 2020, overall volumes in futures & options currently stand at 2,74,51,574 contracts with a turnover of Rs. 18,39,040.44 crore.

The market opened flat on September 30, 2020, overall volumes in futures & options currently stand at 2,74,51,574 contracts with a turnover of Rs. 18,39,040.44 crore.

The GAP business delivered revenues of Rs 182 crore (4.7 per cent of AFL's consolidated turnover) with a PBT loss of Rs 34 crore in FY20.

According to the report, auto ancillaries with high exposure to the commercial vehicle segment are expected to continue to be the worst impacted, especially those with a higher two-wheeler, passenger vehicle, or tractor segment exposures.

Traders need to be cautious about the long positions unless the resistance level of 11,305 is taken out on the upside. Stocks in news: Reliance Industries, Godrej Properties, TCS, Indiabulls Housing Finance, Welspun Corp.

The early indication from SGX Nifty indicates that the bulls are likely to make a comeback on D-Street after taking a pause on Tuesday amid positive cues from Asian peers. SGX Nifty is trading up by 26 points at 11,269.50 levels.

Attracting investor confidence and seeing wider investor participation, BSE’s equity derivatives segment reported a new all time high daily turnover record of Rs 168450 crore as on September 29, 2020.

On Tuesday, the stock has given a neckline breakout of double bottom formation, backed by strong volumes. Additionally, the stock formed a sizeable bullish candle on the breakout day, which adds strength to the breakout.

The stock of Indian Railway Catering & Tourism Corporation Limited (IRCTC) has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout.

On Tuesday, the domestic benchmark indices closed flat with a negative bias. The markets remained volatile during today’s trading session as Sensex closed down by mere 8.41 points or 0.02 per cent at 37,973.22 levels while Nifty was down by mere 5.15 points or 0.05 per cent at 11,222.40 levels.

The world’s largest manufacturer of air coolers, Symphony Ltd informed on Monday after the market hours that it has launched universal packaged air coolers for industrial and commercial applications.

On capital adequacy, the company's capital-to-risk ratio, consisting of tier I and tier II capital was 24.4 per cent as against 18.9 per cent by June 2019, which was higher than the regulatory requirement. The company's focus on non-discretionary and digital spends translated into healthy loans to Rs 23,300 crore.

TRAI Chief said while every sector has its share of ups & downs and variations, the telecom industry has steered through the troublesome period during the pandemic, handling not only the spike in demand but also the changes in the pattern of traffic, as network loads shifted from enterprise premises to homes. 

Sensex tumbled in the last week, owing to myriad factors. Between September 16 and 24, 2020, Sensex crashed by almost 7 per cent or 2,750 points. During a similar period, BSE Small-Cap index tumbled by around 8.18 per cent. Small-Cap stocks thus underperformed in the previous week. 

The market opened in green on September 29, 2020.

The market opened in green on September 29, 2020, overall volumes in futures & options currently stand at 2,07,64,147 contracts with a turnover of Rs. 13,80,291.13 crore.

The market opened in green on September 29, 2020, overall volumes in futures & options currently stand at 2,07,64,147 contracts with a turnover of Rs. 13,80,291.13 crore.

UTI is set to come up with its passive fund that would be tracking a momentum index fund. Read on to find out more.

The range of 11,236-11,302 is a big hurdle for the index in the near term and thus, aggressive longs at the current juncture might not be prudent. Stocks in news: Chembond Chemicals, Cosmo Films, Lupin.

However, after rallying nearly 435 points from Thursday’s low, the bulls seem to be taking a breather this morning as SGX Nifty indicates a flat start. SGX Nifty is up by just a point, trading at 11,248 level.

Mazagon Dock Shipbuilders, the defence public sector undertaking shipyard, is hitting the primary capital market with its IPO. Read on to find out if you should subscribe to the issue. 

On Monday, the stock formed a reversal ‘three inside up’ candlestick pattern on the daily timeframe. The three inside up pattern represents the confirmation of the bullish harami pattern, which shows the success of the forecast.

The markets rebounded from the previous week’s fall as even today, the domestic benchmark indices continued their Friday’s rally as Sensex zoomed by 592.97 points or 1.59 per cent to settle at 37,981.63 levels while Nifty gained by 177.30 points or 1.60 per cent to close at 11,227.55 levels.

On Monday, the stock gave a downward sloping trendline breakout on the daily timeframe. This breakout was supported by a robust volume of more than double of 50-days’ average volume, indicating a strong buying interest by the market participants.

Pharma major, Lupin Limited, today announced that the company has launched Atorvastatin Calcium tablets USP, 10 mg, 20 mg, 40 mg, and 80 mg after receiving approval from United States Food & Drug Administration (USFDA). The product will be manufactured at the company's Nagpur facility in India.  

Gold and silver prices continued their downward trend in the Indian markets today. On MCX, Gold Futures inched down by 0.36 per cent to Rs 49,471 per 10 gram extending last week’s sharp fall. On the other hand, silver slid by 1.58 per cent to Rs 58,092 per kg.

Gilt funds pre-dominantly invest in government securities. So, does it make these funds risk-free too? We shall find out in this article.

Likhitha Infrastructure, a Hyderabad-based company engaged in oil & gas pipeline infrastructure in India, is hitting the primary capital market with its IPO. Read on to find out if you should subscribe to the issue. 

The market opened in green on September 28, 2020, overall volumes in futures & options currently stand at 1,92,26,514 contracts with a turnover of Rs. 12,85,399.44 crore.

The market opened in green on September 28, 2020, overall volumes in futures & options currently stand at 1,92,26,514 contracts with a turnover of Rs. 12,85,399.44 crore.

The market opened in green on September 28, 2020.

The current pullback rally could continue towards the level of 11,153-11,204 and sustaining above this level could tell us whether the bulls have the potential to take it forward or not. Stocks in news: Dr Reddy’s Laboratories, Indoco Remedies, Escorts, Surya Roshni, Mukand, Reliance Industries.

The bulls are likely to continue their action from where they left on Friday as SGX Nifty is indicating a blistering start for the markets. SGX Nifty is up by 68 points and trading at 11,108 levels.

This resulted in the formation of the Adam & Adam double bottom pattern. Going ahead, it’s important for the stock to sustain and close above the neckline of the double bottom pattern, which is placed in the region of Rs 34.50-Rs 34.80.

The bullish engulfing candlestick pattern is considered to be a bullish reversal pattern and usually occurs at the bottom of a downtrend. With this bullish formation, the stock has also managed to close above its short-term moving averages, i.e. 8-day EMA and 13-day EMA.

The stock of Hindalco Industries Limited has formed a Tri-Star bottom reversal like pattern. The formation of the pattern is not exactly according to the textbook rules as the middle day candle has a minor body. It should be noted that the textbook perfect Tri-Star pattern is very rare.

UTI AMC, the second-largest asset management company in India is hitting the primary capital market with its IPO. Read on to find out if you should subscribe to the issue.

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

Managing risk, be it in life or health-related, is crucial and becomes even more important when you actually invest your money to grow. Read on to find out more.

On Friday, the bears lost their week-long grip on the domestic markets, as the benchmark indices such as Sensex and Nifty rebounded to climb up high, closing in the green. Sensex soared by 835.06 points or 2.28 per cent to settle at 37,388.66 levels while Nifty zoomed by 244.70 points or 2.26 per cent to close at 11,050.25 level.

Dr Reddy’s has launched the injection at an affordable price, making it readily available for patients. The company’s capacity to adequately supply Dexmedetomidine is significant as it's on the FDA’s drug shortage list.

Granules India Limited today announced that United States Food & Drug Administration (USFDA) has approved its abbreviated new drug application (ANDA) for Naproxen Sodium and Diphenhydramine Hydrochloride tablets, 220 mg/25 mg (OTC), which is a generic equivalent of Aleve PM Tablets, 220 mg/25 mg, of Bayer HealthCare LLC.

On Friday, the shares of Vakrangee Limited locked in at its upper circuit of 10 per cent at Rs 27.10 per share. The jump in the stock price was due to the company’s announcement about being granted an in-principle authorisation to set-up and operate the Bharat Bill Payment Operating Unit (BBPOU) by Reserve Bank of India (RBI).

Tata Consultancy Services (TCS), a leading global IT services, consulting, and business solutions organization, has partnered with Maurices, a women’s fashion-apparel retail chain in the US and Canada, to help create a new flexible and scalable IT landscape for the latter.

The market opened in green on September 25, 2020, overall volumes in futures & options currently stand at 6,71,01,341 crore contracts with a turnover of Rs. 43,02,566.44 crore.

The market opened in green on September 25, 2020.

The market opened in green on September 25, 2020, overall volumes in futures & options currently stand at 6,71,01,341 crore contracts with a turnover of Rs. 43,02,566.44 crore.

Cipla Limited today announced that it has received final approval for its abbreviated new drug application (ANDA) for Dimethyl Fumarate DR Capsules 120mg, 240mg, and 120mg/240mg starter pack from United States Food & Drug Administration (USFDA).

The onus is on the 200-DMA, which is placed at 10,761. If bulls manage to defend it, expect a pullback up to the levels of 10,980, or else, 10,640-10,550 is the next destination. Stocks in news: Cipla, GMR Infrastructure, ONGC, GAIL, RITES, TCS.

The Indian markets are gripped by three key factors namely, fear, uncertainty, and doubt. The fear is rising as it is quite evident from the surge in India VIX. Uncertainty is hovering over as some countries are planning another lockdown to combat the spread of Coronavirus and doubt over the pace of economic recovery.

As of now BSE's flagship index – Sensex 50 is traded on India International Exchange (India INX) and is catching trader's attention. The total turnover on the India INX is increasing steadily and has reached USD 57.7 billion in August 2020, with a market share of 57 per cent against comparable index in Singapore. There are as many as 100 proprietary traders active on the exchange and more than 40 members are currently active with more members awaiting the regulatory approvals.

The leading fast‐moving electrical goods (FMEG) company, Havells India Limited, informed the bourses on Thursday that it has entered into the refrigerator segment under its consumer durable brand-Lloyd.

 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).

Review on 1 stocks recommended in past

Sentiment Indicators.

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

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

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

The share price of the global generic, speciality pharmaceutical & vaccine maker, Panacea Biotec, hits 5 per cent upper circuit on BSE today during the afternoon session.

Zydus Cadila is said to market Palbociclib capsules (US RLD: Ibrance capsules) in the strengths of 75 mg, 100 mg, and 125 mg. The drug interferes with the growth and spread of cancer cells in the body.

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

On Thursday, the domestic markets spooked investors as Sensex crashed by 1,114.82 points or 2.96 to close at 36,553.60 levels while Nifty declined by 326.30 points or 2.93 per cent to settle at 10,805.55 levels.

Tata Elxsi, a global design and technology services company, announced the opening of a Global Engineering Centre (GEC) with Schaeffler Technologies AG & Co. KG, a world leader in providing mechatronics solutions for the transportation industry. Schaeffler Group is a global supplier to the automotive and industrial sectors.

In this edition, we have reviewed Pidilite Industries and Marico Limited. We suggest our reader-investors to HOLD in Pidilite Industries and Marico Limited. 

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

The market opened in red on September 24, 2020.

Sun Pharma Advanced Research Company Ltd (SPARC) announced the grant of an exclusive license to Tripoint Therapeutics LLC, USA (Tripoint) to commercialise ElepsiaTM XR 1,000 mg and ElepsiaTM XR 1,500 mg tablets in the USA. 

In a bid to make the taxation procedure and its follow-up as transparent as possible, the central government has launched a new platform, details of which are explained by Jayesh Dadia

SME investing has rewarded risk-takers in the past and as the family of SME stocks increases every year, the prospects of SME investing gets even better. Ganesh Vaybase tracks the SME stocks' performance and highlights the top performers in the SME space while also discussing why SME investing is in vogue

As your child grows older and there comes a need to pay for acquiring a profession-targeted degree, you have the option of either taking an education loan or using your investments in mutual funds to cover it. The question is about which is a better choice

The year 2020 has been a great one for those investors who have shown a preference for broader markets. The overwhelming performance of small-caps aided by SEBI's guidance of reshuffling of multi-cap mutual funds has triggered interest in small-caps afresh. Geyatee Deshpande analyses the performance of smallcaps while Yogesh Supekar shares why it makes sense to allocate more capital to small-caps in the current environment

It is the expiry day and the markets have already witnessed a sharp fall. This is for the second time in a week that bears have shown such a tightening grip on the domestic markets, spreading red colour over Sensex and Nifty. Sensex was down by around 678 points or 1.80 per cent at 36,990 levels.

The market opened in red on September 24, 2020, overall volumes in futures & options currently stand at 3,82,61,064 crore contracts with a turnover of Rs. 25,61,103.02 crore.

The ongoing pandemic and the various phases of lockdown have hit the logistics industry hard and Blue Dart Express has been one of the victims.

The market opened in red on September 24, 2020, overall volumes in futures & options currently stand at 3,82,61,064 crore contracts with a turnover of Rs. 25,61,103.02 crore.

The data showed that the sectors, which attracted foreign inflows during the first quarter of 2020-21 included services (USD 1.14 billion), computer software & hardware (USD 1.06 billion), telecommunications (USD 2 million), automobile (USD 326 million), and trading (USD 426 million).

There is an old saying on Wall Street that the market is driven by just two emotions

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.