The stock of NIIT Limited has given a downward sloping trendline breakout on the weekly timeframe, formed by connecting swing highs from April 2018. The breakout was supported by the above 50-week average volumes.

Traders are advised to stay neutral but for those who are already holding long positions, keep 21-EMA as a trailing stop-loss. Aggressive traders are recommended to create long positions on a decisive breach of 11,410. Stocks in news: VA Tech Wabag Ltd, Granules, ICICI Lombard General Insurance Company.

Indian markets are likely to open the first trading session of the week on a positive note based upon positive global cues. At 7:55 am, SGX Nifty was trading with gains of 47.50 points at 11,423.50 levels. However, going by the past records it is noticed that the life above the 11,400 mark is not comfortable for the bulls.

The company reported consolidated net sales of Rs 417.11 crore in Q1FY21, which declined by 71.03 per cent YoY from Rs 1439.75 crore in Q1FY20.

Consolidated profit stood at Rs 272.84 crore for Q1FY20. It declined by 65.5 per cent as compared to Rs 790 crore that it had reported in Q1FY20.

The 14-period RSI on the daily timeframe is in bullish territory. Furthermore, in the recent sideways phase, the RSI never breached its 60 mark, which indicates that the stock is in a super bullish range as per RSI range shift rules.

Currently, the stock has formed a bearish engulfing candlestick pattern on the daily timeframe, which suggests that the bears have put the foot in the door.

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The company reported consolidated net sales of Rs 1749.71 crore in Q1FY21, which declined by 48.25 per cent YoY from Rs 3380.87 crore in Q1FY20.

The consolidated net sales reported in Q1FY21 came in at Rs 177.47 crore, which declined by 51.16 per cent YoY from Rs 363.37 crore in Q1FY20. 

Provisions and contingencies increased by 134 per cent YoY to Rs 3,555.77 crore in Q1FY21, as against Rs 1,519.34 crore in Q1FY20.

The company reported consolidated net sales of Rs 458.98 crore in Q1FY21, which declined by 34.07 per cent YoY from Rs 696.16 crore in Q1FY20.

The share market on Friday continued its forward march with broader markets yet again impressing investors. Sensex jumped by 214.33 points to close at 38434.72 levels, up by 0.56 per cent. Nifty closed at 11371.60 levels, up by 59.40 points or 0.53 per cent.

High dividend yield is one of the most sought-after qualities one looks at when it comes to stock picking.

On Friday, the stock of Affle India locked in at its upper circuit of 10 per cent. With this, its trading for the day halted at Rs 2,316.75, gaining by Rs 210.60 per share from its previous close.

On the back of regulated markets, the company registered a growth of 22 per cent QoQ. The company also reported healthy operating leverage with 920 bps QoQ EBITDA margin expansion.

Its diversified execution capabilities and order book, which has spread over sectors such as roads & highways, mining, metro, special bridges, irrigation, airports, and tunnels is a very important growth trigger for the company in revival after the economic headwinds.

The shares of GlobalSpace Technologies were trading in the green on Friday after the company informed about its strategic partnership with Chest Council of India (CCI).

S&P 500 is sitting at record highs and now technically the US markets are out of bear market phase and have entered in the new bull market phase. Sensex has recovered almost 48 per cent from the lows in March with several stocks recouping their entire losses made in the massive correction witnessed in the beginning of the year.

The market opened in green on August 21, 2020. 

The market opened in green on August 21, 2020, overall volumes in futures & options currently stand at 5,29,87,971 crore contracts with a turnover of Rs. 34,98,359.99 crore.

The market opened in green on August 21, 2020, overall volumes in futures & options currently stand at 5,29,87,971 crore contracts with a turnover of Rs. 34,98,359.99 crore.

Union Mutual Fund is set to add a new product to its debt product line by launching Union Medium Duration Fund. Read on to find out more.

The company reported consolidated net sales of Rs 129.55 crore in Q1FY21, which declined by 38.76 per cent YoY from Rs 211.53 crore in Q1FY20.

Hindalco Industries Limited and UltraTech Cement Limited have signed a memorandum of understanding (MoU) wherein Hindalco would deliver 1.2 million metric tonnes of red mud (bauxite residue) annually to UltraTech’s 14 plants, located across seven states.

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

There are more than 40 mutual fund companies in India, providing more than 1,000 mutual fund schemes in different categories. Read on to find how many of that you should hold in your portfolio.

Be prepared for an eventful Friday with SGX Nifty indicating a gap-up start for the Indian markets with full of surprises for the participants. Chinese commerce ministry indicating that China and US are likely to hold trade talks in coming days have resulted in overnight change of sentiments all across the globe.

On the upside, the immediate resistance is at 11,370, followed by 11,400. As long as Nifty stays below this level, do not create any aggressive long positions. On the other hand, the range of 11,200-11,250 is likely to act as immediate support for the index. Stocks in news: GMM Pfaudler, Greenlam Industries, Hindalco Industries, TCS, Premier Explosives, Wipro.

The company reported consolidated net sales of Rs 152.33 crore in Q1FY21, which declined by 45.61 per cent YoY from Rs 280.07 crore in Q1FY20.

Net interest income (NII) stood at Rs 1412.32 crore which witnessed a growth of 9.6 per cent YoY, as against Rs 1289 crore it reported in Q1FY20. 

The stock of Acrysil Limited hit its upper circuit on Thursday after the company announced that it has entered into a strategic partnership with IKEA Supply AG (Switzerland) for manufacturing and supply of composite quartz kitchen sinks for their global requirement.

India’s largest carmaker, Maruti Suzuki India Limited, announced on Thursday that it has entered into a partnership with Nadathur S Raghavan Centre for Entrepreneurial Learning (NSRCEL), the startup hub and incubation centre at Indian Institute of Management, Bangalore (IIMB).

In the ranking for top lenders, State Bank of India (SBI), Canara Bank, Punjab National Bank (PNB), Bank of India, Union Bank of India, and HDFC Bank stood as leaders.

Infosys Ltd launched Infosys Cobalt, a set of services, solutions, & platforms that acts as a force multiplier for cloud-powered enterprise transformation on Thursday.

Cipla Limited announced on Thursday that its partner, Stempeutics Research Pvt Ltd has received regulatory approval by Drug Controller General of India (DCGI) for the launch of Stempeucel® in India.

Affected by the weak global cues, Sensex on Thursday slid by 394.40 points or 1.02 per cent to close at 38220.39 levels. Nifty slipped by 96.20 points or 0.84 per cent to close at 11312.20 levels, whereas the India VIX stood at 20.62 jumping 3.31 per cent.

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The consolidated net sales reported in Q1FY21 came in at Rs 268.97 crore, which declined by 47.7 per cent YoY from Rs 514.24 crore in Q1FY20.

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

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.

Out of the overall loans set to be restructured, almost 60 per cent of them were inclined to slip into the non-performing assets (NPAs) category if not for the recast move. The restructuring will help banks' bottom-line as the money to be set aside as provisions will be lower.

Soda is a part of the basic chemistry product segment, which contributes to more than 60 per cent of its consolidated revenue. The company has announced that the ongoing Capex for capacity expansion is near completion at its Mithapur Plant.

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 fund managers in July 2020. Let’s find out.

The market opened in red on August 20, 2020. 

The market opened in red on August 20, 2020, overall volumes in futures & options currently stand at 2,31,54,956 crore contracts with a turnover of Rs. 15,89,921.82 crore.

The market opened in red on August 20, 2020, overall volumes in futures & options currently stand at 2,31,54,956 crore contracts with a turnover of Rs. 15,89,921.82 crore.

PNB Housing Finance informed the bourses that its board of directors at its meeting held on August 19, 2020, have approved the fundraising plan through equity capital aggregating up to Rs 1,800 crore through preferential issue or rights issue

L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro Limited, has signed a memorandum of understanding (MoU) with NTPC Ltd, wherein LTHE shall be the engineering, procurement, and construction (EPC) management partner to build CO2 to Methanol demonstration plant in NTPC Power Station.

The company reported net sales of Rs 3043.08 crore in Q1FY21, which declined by 2.22 per cent YoY from Rs 3112.32 crore in Q1FY20.

Factors like the early onset of monsoon, 19 per cent higher Kharif sowing, and agricultural inputs being an essential commodity, these companies carried out their operations during the COVID-19 lockdown period.

Everest Kanto Cylinder Ltd (EKC) gains by 25.43 per cent in just three trading sessions. The stock had hit its upper circuit in the previous two trading sessions.

On the downside, important support is placed around 11,250 levels, followed by 11,180 levels. While on the upside, the levels of 11,460, followed by 11,563, are likely to act as a hurdle for the bulls. Stocks in news: Cosmo Films, Prince Pipes and Fittings, L&TFH.

Indian markets are most likely to open on a gap-down start owing to the severe weakness seen on the global shores. At 8:00 am, SGX Nifty was trading down by 1.22 per cent or 139.50 points below the 11,300 mark.

The company reported consolidated net sales of Rs 276.86 crore in Q1FY21, which declined by 35.83 per cent YoY from Rs 431.42 crore in Q1FY20.

Net interest income (NII) stood at Rs 1,556.86 crore which registered a growth of 20.4 per cent YoY, as against Rs 1,293.45 crore in Q1FY20. 

The share price of Shreyas Shipping & Logistics was locked at an upper circuit on Wednesday after its board approved the sale of its businesses to Unifeeder ISC FZCO.

Total income grew by 28.8 per cent YoY to Rs 496.88 crore in Q1FY21. It had reported total income of Rs 385.64 crore in Q1FY20.

Tata Communications announced on Wednesday that it has integrated Cisco Webex Calling with its industry-leading global voice platform, thus enabling it to deliver the full suite of Cisco Webex collaboration and customer experience solutions, from its Global SIP Connect platform, in order to support multinational organisations.

After a steady march throughout the day Sensex and Nifty, witnessed some profit booking in the last hour of the trade on Wednesday. Sensex closed at 38614, up by 86 points or 0.22 per cent whereas Nifty closed at 11408, up by 23 points or 0.20 per cent.

Indian Energy Exchange announced on Wednesday that it has received approval from Central Electricity Regulatory Commission, to launch the green term-ahead market (G-TAM) on its platform.

The joint venture of Hindustan Construction Company (HCC) and Dilip Buildcon Limited (DBL) has been awarded a contract worth Rs 1,335 crore by Rail Vikas Nigam Limited (RVNL).

Dr Reddy’s Laboratories informed on Wednesday that the company has launched AVIGAN® (Favipiravir) 200 mg tablets in India.

Strides Pharma Science Limited has informed the bourses about the successful completion of the inspection carried out by UK Medicines and Healthcare products Regulatory Agency (UK MHRA) at its Puducherry facility between October 15 and 18, 2019.

Large-cap index funds are gathering a lot of traction due to the underperformance of actively managed funds. Here, we have listed index funds that have the lowest tracking error.

If you have not started your financial plan yet, it is the right time to start.

Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Limited (RIL) has acquired equity shares of Vitalic Health Pvt Ltd (Vitalic) and its subsidiaries for a cash consideration of Rs 620 crore.

Consolidated net revenue of UFLEX Ltd in Q1FY21 stood at Rs 1992.68 crore, which rose by 0.73 per cent yoy from Rs 1978.27 crore in Q1FY20.

Man Industries informed the bourses on Wednesday that it has secured new export orders of nearly Rs 405 crore. With this, the company’s overall outstanding order book is now nearly Rs 1,800 crore, which is to be executed in the current financial year

The market opened in green on August 19, 2020. 

The market opened in green on August 19, 2020, overall volumes in futures & options currently stand at 2,18,03,427 crore contracts with a turnover of Rs. 14,90,766.91 crore.

The market opened in green on August 19, 2020, overall volumes in futures & options currently stand at 2,18,03,427 crore contracts with a turnover of Rs. 14,90,766.91 crore.

Indiabulls Real Estate (IBREL) on Tuesday informed the bourses that it has signed definitive merger documentation with Embassy Group. The merged entity will be called Embassy Developments Ltd and would be co-headquartered in Mumbai and Bengaluru

The company’s current order book stands at Rs 26,115.2 crore, out of which, orders worth Rs 8,910 crore have been received in FY21 and the company further expects to secure orders worth Rs 5,000 crore for the rest of FY21.

Now the support has shifted towards 11,310-11,250 zone. Unless Nifty closes below these levels, continue the long positions with a trailing stop-loss. Stocks in news: Reliance Industries, IRB Infrastructure Developers, Indiabulls Real Estate, Jubilant Life Sciences, Dilip Buildcon (DBL), TCS, Wipro.

The Nifty closed above the sturdy wall of resistance with a strong bullish candle in the last trading session. With the S&P 500 and Nasdaq registering a record high closing at Wall Street in overnight trade, brightened the possibility for the bulls to carry on the bullish momentum on D-Street today as well.

The consolidated net sales reported in Q1FY21 came in at Rs 522.53 crore, which declined by 1.54 per cent YoY from Rs 530.72 crore in Q1FY20.

On Tuesday, the stock has given a downward sloping trendline breakout on the daily timeframe, formed by connecting swing highs from July 20, 2020. This breakout is confirmed by the above 50-day average volume.

The company reported consolidated net sales of Rs 1312.03 crore in Q1FY21, which declined by 34.66 per cent YoY from Rs 2008.12 crore in Q1FY20.

Jump Networks Limited (JUMPNET), a technology firm providing next-gen digital services on ultra-low bandwidth, announced after trading hours on Monday that it is all set to invest and capitalise on a partnership with MOS Utility Private Limited (MOS) to build it into one of the leading fintech companies in India.

Considering the daily timeframe, the stock has given a bounce from the edge of the lower trendline support of the rising channel. The reversal from the support is confirmed by the above 30-day average volumes.

On Tuesday, it was green all along for Sensex with the key benchmark index gaining more than 477 points to close at 38528 levels thus registering 1.26 per cent gains. Nifty closed at 11385 levels, up by 138 points or 1.23 per cent.

Nucleus Software Exports Limited announced on Tuesday that it will power digital lending transformation at India’s leading non-banking financial company (NBFC), Muthoot Fincorp Limited.

Nucleus Software provides lending and transaction banking solutions to the global financial services industry. It has clients in over 50 countries.

Rating gives an investor, a tool with which he can evaluate and compare the funds in their respective categories, with regard to its return and risk. However, should you go with them?

Along with the entire world, India Inc too started its first quarter of FY21 amid COVID-19 pandemic, which led to severe disruption on both, the demand and supply side. Now the earning season of the first quarter is on the verge of end and it's an open secret that many industries were hit badly due to the COVID-19 pandemic

With Birlasoft’s industry expertise and power of Microsoft’s cloud platform, the partnership will help the clients to accelerate their digital process.

The company recorded a total revenue of Rs363.04 crore in Q1FY21.

UTI Transportation and Logistics Fund is the only mutual fund that dedicatedly invests in the automobile and ancillaries’ sector. Read on to find out more about it.

India Ratings & Research (Ind-Ra) in its latest report has said that the demand for domestic coal is likely to be subdued in the second quarter of the fiscal year 2020-21

The market opened in green on August 18, 2020, overall volumes in futures & options currently stand at 1,80,21,305 crore contracts with a turnover of Rs. 12,46,228.51 crore.

The market opened in green on August 18, 2020, overall volumes in futures & options currently stand at 1,80,21,305 crore contracts with a turnover of Rs. 12,46,228.51 crore.

The market opened in green on August 18, 2020. 

GPT Infraprojects Limited has bagged an order worth Rs 196.30 crore from Railway Vikas Nigam Limited, Kolkata. With this, the stock of GPT Infra surged 11.7 per cent during Tuesday’s morning session.

 The company had strategically acquired ‘Adda52.com’, India’s largest online poker destination in 2017. With this investment, the company has consolidated its position in India’s gaming industry.

The consolidated net sales reported in Q1FY21 came in at Rs 4,883.57 crore, which declined by 43.3 per cent YoY from Rs 8,613.44 crore in Q1FY20.