BEML Limited informed the bourses on Tuesday that it has secured an order worth Rs 557 crore.  The acquisition wing of Ministry of Defence (MoD) has signed a contract with BEML for the procurement of 1,512 mine plough (MP) for tank T-90 S/SK

On Tuesday, the stock has formed ‘opening bullish Marubozu candle’, which indicates an extreme bullishness. Further, since the last two trading sessions, the volume is above the 50-day average, which is a sign of accumulation. The 14-period RSI on the daily timeframe has given a positive crossover and it is in bullish territory.

Continuing on Tuesday, bulls were witnessed maintaining their dominance over domestic benchmark indices as Sensex gained by 511.34 points or 1.37 per cent to close at 37,930.33 while Nifty rose by 140.05 points or 1.27 per cent to close at 11,162.25.

The debt-to-GDP ratio is attributable to the falling growth if it increases over four per cent. As a result of which, we would witness a contraction in the gross domestic product (GDP). Read on to find out more.

Tata Communications informed the exchanges on Tuesday that it has secured Type B licence in Kingdom of Saudi Arabia (KSA)

Jubilant Life Sciences announced that the company has received approval from Drug Controller General of India (DCGI) for manufacturing and marketing investigational antiviral drug Remdesivir for 100 mg/vial (lyophilized injection).

Since May 2020, it has witnessed a trend of the new order as the ports are now operational with the ease of the lockdown, worldwide. The quantity, however, still remains lower. Its order book as of the end of FY20 is at Rs 210 crore.

Info Edge (India) Limited informed the bourses on Tuesday that it has entered into an agreement through its wholly-owned subsidiary to invest up to Rs 10.6 crore in Bizcrum Infotech Private Limited.

Elgi Equipments on Tuesday informed the bourses that it has signed a memorandum of understanding (MoU) with Government of Tamil Nadu on July 20, 2020

The market opened in the green on July 21, 2020. 

The market opened in the green on July 21, 2020, overall volumes in futures & options currently stand at 1,89,85,870 crore contracts with a turnover of Rs. 11,87,373.11 crore.

The market opened in the green on July 21, 2020, overall volumes in futures & options currently stand at 1,89,85,870 crore contracts with a turnover of Rs. 11,87,373.11 crore.

This plan is under the ultra mega renewable energy power parks (UMREPPs) scheme of the Renewable Energy Ministry, in a phased manner, preferably in packages of 50 MW each.

Omaxe Limited has entered into an agreement with Jindal Steel and Power Limited (JSPL) for a project undertaken by the company for developing a multi-level parking-cum-commercial project at Chandni Chowk (Old Delhi) under PPP model with North Delhi Municipal Corporation (NDMC).

Motilal Oswal Asset Management has announced the launch of its new open-ended multi-asset fund. Read on to find out if you should invest.

With this agreement, Biocon Biologics will become one of the first companies to offer insulins to type 2 diabetes patients after getting a clearance from United States Food and Drug Administration (USFDA).

Nifty closed above its psychological level of 11,000 in the last trading session for the first time since March 06, 2020. On valuation front, markets are trading at historical high PE of 28.86. However, due to strong global cues and buoyancy related to vaccine, the valuation factor has taken a back seat.

The level of 10,953 is likely to act as immediate support for the index, followed by the 200-DMA, which is placed at 10,867. On the upside, the daily bearish gap of March 6 (11,035-11,244) is likely to act as a strong resistance. Stocks in news: Jubilant Life Sciences, Interglobe Aviation, Majesco, NTPC, Omaxe.

Net Interest Income (NII) came in at Rs 1,137.47 crore in Q1FY21, which grew by 52.21 per cent YoY, compared to Rs 747.30 crore in Q1FY20.

The stock of Multi Commodity Exchange of India Ltd (MCX) has given a downward sloping trendline breakout, formed by connecting swing highs from February 2020.

On Monday, the stock has given a neckline breakout of a double bottom pattern. This breakout is confirmed above the 50-day average volume. Additionally, the stock formed a sizeable bullish candle on the breakout day, which adds strength to the breakout.

Sensex rallied by 398.85 points or 1.08 per cent on Monday to close at 37,418.99 while Nifty gained by 120.50 points or 1.11 per cent to settle at 11,022.20.

In a situation such as COVID-19, where diversification is a major key, multi-asset allocation serves this purpose to a great extent. In this article, we will find out which is the best multi-asset allocation fund.

Infosys Limited announced that the company has entered into a strategic long-term partnership with Lanxess, a leading speciality chemicals company, headquartered in Germany. Reacting to this news, the stock of Infosys Ltd jumped 4.31 per cent at 3.30 pm on Monday.

Indian multinational information and outsourcing company, Mindtree on Monday, announced that it has been commissioned by Husqvarna Group to provide DevOps-centric SAP services to help drive the company’s digital transformation initiatives.

At EBITDA level, the company stood at Rs 2.08 crore in Q1FY21 that decreased by 3.26 per cent YoY.

The export order is over 1,45,000 wheels from US Caravan Trailer, which will execute from its Chennai plant. 

India Ratings and Research (Ind-Ra) in its latest report stated that the government's fiscal deficit is estimated to touch 7.6 per cent in FY21, more than double the Budget Estimate (BE), as the nation spends extra to lessen the impact of the COVID-19 pandemic while facing a shortfall in incomes

The market opened in the green on July 20, 2020.

The market opened in the green on July 20, 2020, overall volumes in futures & options currently stand at 1,72,21,668 crore contracts with a turnover of Rs. 10,75,163.07 crore.

The market opened in the green on July 20, 2020, overall volumes in futures & options currently stand at 1,72,21,668 crore contracts with a turnover of Rs. 10,75,163.07 crore.

Byke Hospitality has also faced the brunt of the pandemic on its business operations. As it was not part of government denominated essential services, most of the hotels of the company were shut down entirely during the lockdown.

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

In a letter to the company, Drug controller Dr VG Somani said that a Member of Parliament (MP) has informed that the cost of treatment from FabiFlu (Favipiravir) will come to around Rs 12,500, which is not good for the poor as well as the middle-class families.

The company has received approval to market Butalbital, Acetaminophen and Caffeine medicines in the strengths of 50 mg/325 mg/40 mg. This combination of medicines is used in the treatment of patients suffering from symptoms of tension headaches.

Since the last 31 trading sessions, the stock is trading in contracting consolidation, which resulted in the formation of a symmetrical triangle pattern. As of now, the momentum in prices has been narrowed substantially and its prices have reached near an apex point of the triangle, which suggests that the stock is likely to give a breakout in the coming days.

Due to a narrow range, Bollinger Bands have contracted, which indicates an early signal of a bigger move. Also, on the lower timeframe, i.e. 60 minutes, the stock is on the verge of giving a breakout of downward sloping trendline.

Sensex and Nifty reclaimed their important psychological level of 37,000 and 10,900 with a strong close on Friday. Post a solid close, market participants would expect the move to continue. However, the early trends in SGX Nifty suggests that bulls are likely to face Monday morning blues. Further, cues from Asian peers too are negative.

The sign of exhaustion would be confirmed only if the index manages to close below 10,562 levels. On the upside, the level of 11,000-11,280 is likely to act as a resistance zone. Stocks in news: M&M Financial Services, Glenmark Pharmaceuticals, Cadila Healthcare, Vodafone Idea, NLC India, Selan Exploration.

The net profit margin in Q1FY21 came in at 1.43 per cent , which declined by 7.90 per cent  YoY. The net profit margin in Q1FY20 was at 9.33 per cent.

Provisions and contingencies stood at Rs 3,891.52 crore in Q1FY21, which increased by 48.9 per cent YoY, as against Rs 2,613.66 crore in Q1FY20.

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

Gross Direct Premium Income (GDPI) of the company stood at Rs 3,302 crore in Q1FY21 which declined by 5.3 per cent YoY compared to Rs 3,487 crore in Q1FY20.

The company posted a consolidated net profit of Rs 66.06 crore for Q1FY21 , which increased by 804.26 per cent, as compared to Q1FY20 when it reported a consolidated net loss of Rs 9.38 crore.

The stock of Muthoot Finance has witnessed almost 169 per cent upward move from the low of March 24, 2020. The stock has relatively outperformed the frontline indices in the current leg of the upward rally. Also, the stock relatively outshines Nifty 500 with a decent margin.

Interestingly, in the recent corrective 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.

Following banking, energy and financial stocks, domestic benchmark indices ended the week on a positive note with Sensex rallying by 548.46 points or 1.50 per cent to settle at 37,020.14 and Nifty gaining by 161.75 points or 1.51 per cent to close at 10,901.70.

The joint venture of Hindustan Construction Company (HCC) and Dilip Buildcon has won a contract worth Rs 1,900 crore by National Highways Authority of India (NHAI).

Britannia Industries Ltd. records a consolidated net profit of Rs 542.68 crore in the June quarter for FY21.

India’s export and import contracted for the fourth straight month, resulting in goods trade surplus. Read on to find out more.

The company is manufacturing the sanitisation box in-house at the Faridabad facility. OEL also plans to launch more such products in the same segment in the near future.

The domestic rating agency ICRA in its latest report has revised its forecast for the contraction in India’s gross domestic product (GDP) growth to 9.5 per cent in the current fiscal (FY21) from the earlier assessment of 5 per cent

Majesco, a provider of cloud insurance platform software, announced a new product portal, which will provide customers fast and easy access to robust product information and insight to product roadmaps and future of insurance technologies.

Arvind Fashions Limited’s rights issue offer for Rs 399.79 crore is closing on Friday i.e. July 17, 2020, which opened on June 29, 2020.

The market opened in the green on July 17, 2020.

On Friday, Zydus Cadila announced that it has received approval from Mexican regulatory authority, COFEPRIS, to conduct clinical trials with its biological therapy, Pegylated Interferon alpha-2b, 'PegiHepTM'. The trials are scheduled to begin in July 2020. They will be open-label, randomized ad comparator-controlled to evaluate safety, efficacy and tolerability in patients with COVID-19.

The market opened in the green on July 17, 2020, overall volumes in futures & options currently stand at 6,69,31,082 crore contracts with a turnover of Rs. 36,50,218.67 crore.

The market opened in the green on July 17, 2020, overall volumes in futures & options currently stand at 6,69,31,082 crore contracts with a turnover of Rs. 36,50,218.67 crore.

L&T Technology Services Limited (LTTS) is set to acquire Orchestra Technology, Inc. which is a specialist technology partner for the wireless and mobile eco-systems, headquartered in Dallas (Texas).

Post Franklin Templeton's episode, SEBI is likely to tweak the norms for debt mutual funds. Read on to find out more.

SGX Nifty is trading 82.50 points above its previous day’s close. The level of around 10,850 will act as a crucial resistance as recent highs were made at this point. Whereas, the support is placed at 10,630 levels.

In the coming session, we expect the index to consolidate in the broad range of 10,540-10,830 and a decisive breach on either side may result in a trending move. Stocks in news: L&T Technology Services, Thomas Cook (India), Sagar Production, PNB Gilts, Oriental Carbon & Chemicals.

This partnership intends to bring together the technical expertise of NTPC as well as NIIF’s ability to raise capital with the help of its relationship with the leading players thereby, bringing the best of global practices.

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).

Zensar Technologies acquired company-Foolproof announced the launch of Infinity CRO, a conversion rate optimisation product focussed on helping businesses improve their digital real estate, focus marketing spend and make significant returns on digital.

Benchmark indices settled higher for another consecutive day with Sensex gaining by 419.87 points or 1.16 per cent to close at 36,471.68 while Nifty rose by 121.75 points or 1.15 per cent to settle at 10,739.95.

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).

On Thursday, pharma company Zydus Cadila announced that it has received approval from United States Food and Drug Administration (USFDA) for its supplemental abbreviated new drug application (SANDA) for Doxycycline Injection USP, 100mg/vial.

The plant is expected to generate about 700 million units (MU) per year, which will counterbalance 700 million kgs of carbon dioxide per year.

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

You will find value investors always on the lookout for stocks that are traded at let's say Rs 100 per share but with actual intrinsic value of maybe Rs 200 per share.

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

One of the sectors worst affected by the virus pandemic and the ensuing lockdown in India has been cement. With infrastructure development and the housing industry screeching to a grinding halt, the cement industry has posted an 86 per cent year-on-year fall. Further, it is going to take quite some time for normalcy to return. Anthony Fernandes takes stock 

In its latest report, CRISIL Research observes that Indian Airlines may face massive revenue loss due to the ongoing Coronavirus pandemic

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

This is a super house of financial data on 3500 corporates with up to date information. In the Magazine version the top 1100 -1400 companies are covered while the data on the entire 3500 companies is available in excel format for subscribers to download.

The monthly inflows through systematic investment plan (SIP) dips below Rs 8,000 crore for the first time in the last 20 months.

The market opened in the green on July 16, 2020. 

Tax Queries By Jayesh Dadia Chartered Accountant

The market opened in the green on July 16, 2020, overall volumes in futures & options currently stand at 3,53,96,076 crore contracts with a turnover of Rs. 21,50,273.38 crore.

The market opened in the green on July 16, 2020, overall volumes in futures & options currently stand at 3,53,96,076 crore contracts with a turnover of Rs. 21,50,273.38 crore.

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.