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

The market is gaining momentum while the broader markets are participating in a healthy way. Geyatee Deshpande explains why it is a good idea to bet on momentum stocks while Vinayak Gangule recommends the momentum stocks you can bank on

GE Power bags contract worth Rs 291.9 crore

Department of Telecommunications (DoT), Ministry of Communications and Government of India has withdrawn provisional demand notices issued on GAIL Limited and Power Grid Corporation of India Limited. The dues were related to adjusted gross revenue (AGR) imposed over the telecom revenues earned by these companies.

Even if the ongoing virus pandemic has disrupted operations, the company’s business prospects look very encouraging at a point when the government continues to emphasize on ‘Make in India’ and indigenization of defence manufacturing.

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.

Diversification in your portfolio is one of the key factors that determine the level of investment success you can achieve over time.While usually investors diversify their portfolios by investing across different asset classes like equity, debt and gold, investing in international markets is another effective way to do so.

A fortnightly view on Nifty 50 and two investment ideas on the basis of intensive technical analysis in a 15-day horizon.

With the fall in overall interest rate, we have seen a decline in rate of interest offered to various small saving schemes by the government. This will impact investors who depend on such schemes as part of their retirement plan or to meet certain financial goals.

This project would further enhance Cochin Shipyard’s presence into the division of premier shipbuilding yards with a capacity to handle hi-tech vessel construction. Looking at the current order book position, it stood at Rs 14,630 crore, which provides healthy revenue visibility. 

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.

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.

With the fall in overall interest rate, we have seen a decline in rate of interest offered to various small saving schemes by the government. This will impact investors who depend on such schemes as part of their retirement plan or to meet certain financial goals.

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.

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.

On Thursday, the shares of sugar companies are in focus on the bourses, supported by a rise in the minimum selling price (MSP) of sugar to Rs 33 per kg from Rs 31 per kg. This hike is likely to improve the margins of the sugar companies, going ahead.

The optimistic behaviour portrayed by investors during the results season boosted market rallies. A bullish environment was witnessed in various markets globally. 

Jio Platforms and Google have also entered into a commercial agreement of developing an affordable smartphone with optimisation to Android operating system and Play Store.

I am most thankful for the recent article covering the current situation prevailing in the NBFC industry.

The current economic situation is such that even veteran investors are uncertain when it comes to the market and economic outlook. At such times, the plight of an ordinary investor can be well understood.

The funds that you buy and hold serve as anchors providing a sense of stability and direction for portfolios. Therefore, the choice of funds should be such that they require minimum maintenance and yield good returns over a specified period of time.

For many of you who have been staying tuned to my editorials for the past few issues since the pandemic began, you would recall my mentioning about waiting until the mid of July for a clearer picture to emerge as far as this pandemic and markets are concerned.

Buying and selling funds can be exciting especially if you buy low and sell high. Nonetheless, doing it often may be risky if you are investing for your retirement and your future is involved.

I read your special report titled 'Downside Risk: Selecting Funds, Looking Beyond Returns' and found it very interesting. However, I would like to know which risk parameter is ideal while selecting mutual funds?

Early trends in SGX Nifty is signifying a flat to a positive start. Nifty has a crucial support at 10,551 level, which is 61.8 per cent Fibonacci retracement.

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

The zone of 10,480-10,550 is a crucial support level for Nifty due to its confluence of 20-DMA and 50 per cent retracement level of the last leg of upmove (10,195-10,894) placed in this region. Stocks in news: Cochin Shipyard, SBIN, Titagarh Wagons.

Since India’s independence, the power sector in the country has made massive addition to the generation, transmission and distribution capacity. However, electricity consumption and generation have plunged considerably since the COVID-19 outbreak.

Domestic benchmark indices erased the day's gains on Wednesday as the final hour of the trading session witnessed heavy selling in financial stocks and RIL. Sensex closed nearly flat at 36,051.81, registering a mere increase by 18.75 points or 0.05 per cent compared to its previous close. Nifty ended today's session at 10,618.20, up by 0.10 per cent or 10.85 points.

Majesco provides technology, expertise and leadership by helping insurers modernise and innovate in order to build a future of their business as well as insurance at scale and speed.  

The shares of Salasar Techno Engineering were trading in green after the company declared after trading hours on Tuesday that it has received an order for the supply of 189 telecom towers to American Tower Corporation (ATC) Nigeria for a total consideration of US$ 2.43 million (Rs 18.50 crore at current exchange rate).

As a part of this integrated business-to-business (B2B) alliance, Airtel is set to offer ‘Airtel BlueJeans’, an enterprise-grade video conferencing solution to enterprise customers in India.

The market opened in the green on July 15, 2020. 

The market opened in the green on July 15, 2020, overall volumes in futures & options currently stand at 2,49,51,077 crore contracts with a turnover of Rs. 15,10,278.71 crore.

The market opened in the green on July 15, 2020, overall volumes in futures & options currently stand at 2,49,51,077 crore contracts with a turnover of Rs. 15,10,278.71 crore.

India Ratings & Research (Ind-Ra) in its latest report has pointed out that the private sector’s capital expenditure is set to contract by 20-26 per cent in the ongoing financial year, owing to COVID-19 pandemic-led business disruptions

Dilip Buildcon announced that its joint venture was declared as the L-1 bidder for the tender floated by National Highways Authority of India (NHAI) for a highway project in Jharkhand and Bihar.

Zydus Cadila has commenced the adaptive phase I/II human clinical trials of its plasmid DNA vaccine, ZyCoV-D with the first human dosing. The safety, tolerability and immunogenicity of the vaccine will be assessed later on.

This agreement is expected to give a major lift to the civil aviation industry in the coming years. It would also offer a common platform for both the companies to work together and support each other in addressing the evolving global opportunities in the airport business, including those in Asia Pacific region.

Wednesday morning is showing how quickly sentiments change in the stock markets. Bears made headlines across the media, expecting a comeback post a sharp plunge witnessed by Dalal Street on Tuesday and all doomsday stories were back! However, early trends on SGX Nifty suggests that Nifty is likely to open with a gap-up.

The zone of 10,500-10,550 is a crucial support level for Nifty. Any close below this level would lead to a further decline towards the levels of 10,200-10,170. On the upside, an immediate hurdle for the bulls would be the level of 10,670. Stocks in news: Bharti Airtel, Infosys, Yes Bank, Bharat Electronics, Salasar Techno Engineering.

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

Everyone is eager to know what the mutual fund managers bought and sold but mostly keen to know what they bought. So, let us know more about the stocks that attracted fund managers in June 2020.

India’s sixth-largest private sector bank on the basis of the total standalone assets as on March 31, 2019, is coming out with its further public offering. Read on to find out why you should subscribe to this issue.

Considering the daily timeframe, the stock of FDC Limited has formed a bullish opening Marubozu candle near the upward sloping trendline support, which coincides with the 100-day EMA level. This suggests that the bulls are taking control near the medium-term support.

Bearish behaviour dominated the domestic markets on Tuesday as Sensex tanked by 660.63 points or 1.80 per cent to settle at 36,033.06 while Nifty fell by 195.35 points or 1.81 per cent to close at 10,607.35.

Vaishali Pharma Limited has launched Vipravita C (Vitamin C supplements) for domestic as well as international market to boost immunity against various prevailing diseases. These supplements are available in different variants like Vitamin C chewable tablets, Vitamin C effervescent tablets and Vitamin C with zinc combo.

On Tuesday, pharma major Cipla Limited declared that it has been granted approval for its Abbreviated New Drug Application (ANDA) for Icatibant Injectable 30mg/3mL by United States Food and Drug Administration (USFDA).

At the end of FY20, the bank reported its Tier I capital adequacy ratio at 15.80 per cent, well above the regulatory requirement. These fundraising plans add additional strength to its core fundamentals. The CASA ratio at 25 per cent (Rs 1,000 crore) along with debt funds can be expected to maintain a low cost of borrowing.

The rating agency Fitch in its latest report said that a near-term recovery for India's non-banking financial institutions is not probable, as the sector continues to wrestle with the fallout of Coronavirus pandemic

The market opened in the red on July 14, 2020. 

The market opened in the red on July 14, 2020, overall volumes in futures & options currently stand at 1,88,70,614 crore contracts with a turnover of Rs. 11,67,812.51 crore.

The market opened in the red on July 14, 2020, overall volumes in futures & options currently stand at 1,88,70,614 crore contracts with a turnover of Rs. 11,67,812.51 crore.

To encourage listing of startups and also to develop a ‘high investor depth’ platform for such companies, Bombay Stock Exchange (BSE) announced that they have signed a pact with IIT Alumni Council.

The company’s revenue and profitability are likely to be impacted even more. In Q1FY21 (April-June), volumes and revenues seem to take a hit as the operations were partially shut in April 2020 and gradually ramped up during May 2020 and June 2020. However, recovery is likely to be expected during Q3FY21E and Q4FY21E.

On Monday, the stock has given a downward sloping trendline breakout on the daily timeframe, formed by connecting swing highs from May 2020. The breakout was supported by robust volumes.

The wait continues for the bulls to cross above the 200-DMA that acted as a resistance, as markets failed to capitalize on it. This was despite a strong start in the last trading session. On Tuesday, early trends in SGX Nifty suggests that Indian markets are expected to open in red, mimicking the weak global cues.

Our advice to traders is to initiate a long position only if Nifty sustains above the 200-DMA. While, on the downside, a close below the previous bar’s low will be the first sign of weakness.  Stocks in news: Reliance Industries, Cipla, Adani Ports, Godrej Industries.

Domestic benchmark indices closed in green on Monday after a volatile trading session with Sensex gaining by 99.36 points or 0.27 per cent at 36,693.69 while Nifty rose by 47.15 points or by 0.44 per cent to settle at 10,815.20.

The new price of the drug is Rs 75 per tab, which has been reduced by 27 per cent as against the earlier price of Rs 103 per tab.

In a landmark move, Indian pharma giant, Biocon announced that it has received approval from Drug Controller General of India (DCGI) to market Itolizumab injection in the strengths of 25 mg/5 ml for severe COVID-19 patients.

Avenue Supermarts Ltd (ASL) declared its standalone and consolidated financial results for the quarter ended June 30, 2020. The total revenue for Q1FY21 stood at Rs 3,883 crore, as against Rs 5,815 crore in Q1FY20, showing a decrease of around 33 per cent.

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

In the early trading session on Monday, stock of Asian Hotels (West) Limited (AHWL) fell by over 3 per cent after credit rating agency, India Ratings downgraded the company's long-term issuer rating to 'IND BBB-' from 'IND BBB' and placed it on Rating Watch Negative (RWN).

The company has bagged its first eastern India BOT project of six laning of National corridor NH-19 from Dankuni to Palsit, stretching up to 63.86 kms in the state of West Bengal.

The investment, which will translate into a 0.15 per cent equity stake in Jio Platforms on a fully-diluted basis, is worth an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore.

The market opened in the green on July 13, 2020, overall volumes in futures & options currently stand at 1,58,35,458 crore contracts with a turnover of Rs. 9,87,741.49 crore.

The market opened in the green on July 13, 2020, overall volumes in futures & options currently stand at 1,58,35,458 crore contracts with a turnover of Rs. 9,87,741.49 crore.

The market opened in the green on July 13, 2020. 

Old National Bancorp, the largest financial services bank holding company headquartered in Indiana, announced a strategic partnership with Infosys.

In the last week, the surge in COVID-19 cases capped the rally and Nifty failed to cross its 200-DMA despite encompassing its up move for the fourth straight week in a row. On Friday, Nifty formed a Spinning top on weekly chart and a doji on the daily chart and both are indecisive candlestick patterns.

In case Nifty moves decisively above the level of 10,884, Nifty shall swiftly move towards the level of 11,000. While on the other hand, if it closes below 10,670 level, then it will initially fall towards the level of 10,550, followed by 10,480. Stocks in the news: Infosys, Reliance Industries, Biocon, BASF, Escorts, Clariant Chemicals.

Rossari Biotech, a textile and speciality chemicals manufacturer is coming out with its IPO. Read on to find out why you should subscribe to it. 

There are four major financial fears that every individual may come across at some point in life. In this article, we shall understand how to overcome these four main fears of life.

BSE reported that total trading turnover on Sensex 50 Futures & Options has crossed Rs 16565 crore as of July 10, 2020, for the weekly contract with Monday expiry.

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

Delhi-based oil PSU, GAIL (India) Limited declared plans to invest in companies operating in the area of compressed bio-gas (CBG) through its start-up initiative 'Pankh'.

On Friday, the shares of the BPO company, Firstsource Solutions jumped by more than 10 per cent on intraday basis after the company reported that during the quarter of April to June 2020, ace stock picker Rakesh Jhunjhunwala increased stake in the company to 2.88 per cent.

Prudent fundraising enables the banks to maintain a comfortable capital position, that is, strong capital adequacy ratio (CAR). As per RBI norms, public sector banks guided to maintain a CAR of 12 per cent.

At the end of the week, domestic benchmark indices settled in the negative territory with Sensex falling by 143.36 points or 0.39 per cent at 36,594.33 while Nifty dropped down by 45.40 points or 0.42 per cent to close at 10,768.05 on Friday.

It issued non-convertible debentures at 9.55 per cent on private placement basis. As of FY20 end, its order book stood at Rs 11,997 crore, to be executed over the next two years.

Unichem Laboratories informed the bourses on Friday that it has received abbreviated new drug application (ANDA) approval for its Baclofen tablets, USP, 10 mg and 20 mg from United States Food and Drug Administration (USFDA) to market a generic version of Lioresal  (Baclofen)

In April 2020, Reserve Bank of India had declared that it will issue SGB in six tranches. Meanwhile, its series IV had opened on July 6, which is set to end today. The remaining two series will open for subscription from August 3 to 7, 2020 as well as from August 31 to September 4, 2020

CRISIL released a report on Thursday on automotive aftermarket spending. It expects nearly 11 per cent decline in the current financial year on the auto aftermarket spend due to the nationwide lockdown imposed to prevent the spread of COVID-19

Reliance Industries and British Petroleum (BP) on Friday, announced the start of their Indian fuels and mobility joint venture (JV) namely, Reliance BP Mobility Limited (RBML).

The market opened in the red on July 10, 2020. 

The market opened in the red on July 10, 2020, overall volumes in futures & options currently stand at 5,76,33,825 crore contracts with a turnover of Rs. 32,57,396.27 crore.

The market opened in the red on July 10, 2020, overall volumes in futures & options currently stand at 5,76,33,825 crore contracts with a turnover of Rs. 32,57,396.27 crore.

GE Power India Limited has bagged a contract worth Rs 291.9 crore from Megha Engineering & Infrastructures Limited (MEIL).

The stock of Granules India Limited has bounced back from the edge of the rising trendline support that is formed by connecting the swing lows from March 2020 and coincides with the 13-day EMA level. The reversal from the support is further justified with strong volumes.

Ambuja Cements Limited has given a downward sloping trendline breakout, formed by connecting swing highs from June 2020. This breakout is confirmed by the above 50-day average volumes.

There are various health insurance policies, each with its own fine print, so, which is the one that you should opt for? The following article provides some basic tips.

Indian markets may remain under pressure at the opening bell as negative sentiments prevailing among the global peers might affect the Indian markets. As TCS managed to post a positive top line growth despite pandemic challenges and also the management sounded bullish about the company prospects, markets might get some relief from TCS earnings and management commentary.

The level of 10,848-10,880 is a crucial resistance zone for the bulls and momentum is likely to be seen only if the bulls cross this hurdle. On the downside, a weakness could be seen if Nifty slips below the level of 10,676. Stocks in news: PNB, GAEL, Reliance Industries, Seamec, Tata Motors.

BSE StAR MF contributed Rs 1882.39 crore as net equity inflow to industry's net inflow of Rs 241 crore.

 The project is considered as a landmark achievement in the history of solar power.

Arvind Fashions Limited announced on Thursday that Flipkart Group has invested Rs 260 crore in the company to purchase a significant minority stake in its recently formed subsidiary-Arvind Youth Brands, which will own ‘Flying Machine’ brand.

Hexaware Technologies Ltd, on Thursday, announced the launch of COCO, the Unified Teams bot built for Microsoft Teams on Microsoft AppSource, an online cloud marketplace providing tailored line-of-business solutions.

The company will be delivering a split of its transformers between 6,531 kilo- volt-ampere (kVA) for CLW’s goods locomotive engines (needing heavy lifting capabilities) and 7,775 kVA for passenger segment.

The shares of Praj Industries climbed by 3 per cent on Thursday after the company announced it was entering into the global renewable chemicals and materials (RCM) industry.