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Domestic markets continued to experience extreme volatility even in today's trading session following the F&O expiry. Banking stocks dragged down the markets during the morning trading session while FMCG contributed towards gains. Sensex slipped into the negative territory again during the last half hour of the trading session and settled at 34,842.10, falling by 26.88 points or 0.08 per cent and even Nifty closed in red, down by 16.40 points or 0.16 per cent at 10,288.90.

MWC Jaipur Ltd is a joint venture between Mahindra Lifespace Developers Limited (MLDL) and Rajasthan State Industrial Development and Investment Corporation (RIICO).

The plant in Chennai is fully equipped with a total capacity of 6 million wheels. Thus, such an incoming order reflects good revival of the company in post-COVID times.

The market opened in the red on June 25, 2020. The previous trading session witnessed the Sensex going down 1.58 percent to end at 34,868 and the Nifty was down 1.58 percent to close at 10,305 .

The market opened in the red on June 25, 2020. The previous trading session witnessed the Sensex going down 1.58 percent to end at 34,868 and the Nifty was down 1.58 percent to close at 10,305 .

The market opened in the red on June 25, 2020, overall volumes in futures & options currently stand at 3.85 crore contracts with a turnover of Rs. 22,55,548.25 crore.

The market opened in the red on June 25, 2020, overall volumes in futures & options currently stand at 3.85 crore contracts with a turnover of Rs. 22,55,548.25 crore.

Retiring in a bear market acts like a double whammy. While on one hand, the value of portfolio declines; on the other hand, withdrawing money to spend in retirement only serves to realise those portfolio losses.

Its other home consumption products such as ghee and butter have already seen an increase amid the lockdown. Owing to such strong revival hopes, the company aims to achieve pre-COVID business levels within the next few months.

D-Street has a lot to face this morning. Some of the major reasons are the rising anxiety regarding resurge of coronavirus cases and geopolitical tensions. Further, IMF projected India’s GDP to contract by 4.5 per cent in FY21 confirming weakness in growth.

The level of 10,277 is likely to act as an immediate support level and any move below this level could result in another round of selling. In that case, Nifty may slip towards 10,140 levels. Stocks in news: Asian Granito India, TCS, Bharti Infratel, Andhra Paper.

On Wednesday, JM Financial Private Equity announced that it had completed its proposed investment of Rs 40 crore into Coimbatore-based co-living operator, Isthara Parks Private Limited. The investment was completed in two tranches between July 2019 and June 2020.

The banking benchmark index, Bank Nifty, opened today’s trading session with an upside gap but failed to show a follow-through move and tumbled down. As a result, it formed a bearish engulfing candlestick pattern on the daily scale.

The stock of Berger Paints India Limited has given a downward sloping trendline breakout, formed by connecting swing highs from April 2020. This breakout was confirmed by the above 50-day average volumes.

Markets remained volatile during today's trading session, ahead of the expiry of June series derivative contracts tomorrow. Erasing the day gains, Sensex slipped by over 800 points from its day high on Wednesday, to close at 34,868.98 which is 561.45 points or 1.58 per cent lower than its previous close, while Nifty fell by 165.70 points or 1.58 per cent to settle at 10,305.30.

ICRA and CARE has downgraded the ratings for the aforesaid instrument as (ICRA) D and CARE D (Single D) took into account the net loss of Rs 16,418 crore reported by the company in FY20 as well as the CRAR of 8.5 per cent. 

Zydus Cadila on Wednesday announced that the company has received an approval from United States Food and Drug Administration (USFDA) to market Meclizine Hydrochloride tablets. 

Vaishali Pharma has forayed into the domestic pharmaceutical market by launching two antifungal brands under dermatology therapy segment.

The market opened in the green on June 24, 2020. The previous trading session witnessed the Sensex going up 519.11 points to end at 35,430.43 and the Nifty was up 159.80 points to close at 10,471 .

Investors tend to classify the income they get from different sources into different compartments and use them accordingly. Read on to find out how to get rid of behavioural biasedness.

The market opened in the green on June 24, 2020. The previous trading session witnessed the Sensex going up 519.11 points to end at 35,430.43 and the Nifty was up 159.80 points to close at 10,471 .

The market opened in the green on June 24, 2020, overall volumes in futures & options currently stand at 2.35 crore contracts with a turnover of Rs. 13,82,702.23 crore.

The shares of JMC Projects India rallied by up to 14 per cent on Wednesday after the civil engineering and engineering, procurement and construction (EPC) company announced that it had secured new orders amounting to Rs 938 crore.

The market opened in the green on June 24, 2020, overall volumes in futures & options currently stand at 2.35 crore contracts with a turnover of Rs. 13,82,702.23 crore.

The USFDA has now informed Ipca Lab that the shortage implications for Chloroquine Phosphate API have changed and Chloroquine Phosphate drug product is no longer in shortage so, no shipment of API Chloroquine Phosphate will be excluded from the import alert.

Info Edge (India) Limited announced today that IE Venture Fund I has entered into an agreement to invest about Rs 3.5 crore in Rusk Media Private Limited .

 The agency cited factors such as slowing GDP growth and weak consumer sentiment to have reduced volumes and led to higher discounts by the automakers. It said that the implementation of BS6-a more stringent emission framework in April 2020 will increase the production costs.

The anti-dumping duty is in the range of USD 13.07 per tonne to USD 173.1 per tonne mainly on imports of 'flat rolled product of steel, plated or coated with alloy of Aluminium and Zinc' from the above-mentioned countries.

Post frenzied rally over the past four trading sessions, will Indian markets carry forward a positive baton from the previous trading sessions to record gains for fifth consecutive session? The early trends in SGX Nifty is indicating a soft opening for Nifty at the opening bell. At 7:55 AM it was trading lower by 33 points at 10,452 levels.

The zone 10,524-10,550 may work as a short-term resistance as 200-EMA and 61.8 per cent retracement level is placed in this zone. We expect Nifty to take a pause near this zone. Stocks in news: United Spirits, Just Dial, PG Electroplast, Kalpataru Power, Wipro, TCS.

Investing in mutual fund requires a disciplined approach that will further help you to choose the right portfolio strategy. In this article, we have focussed on the various portfolio strategies.

The shares of Glenmark Pharma slipped over 6 per cent in Tuesday's trade on profit-booking post a steep recent rise earlier this week. Data from NSE bulk deals showed that HSBC Pooled Investment Fund offloaded 18,79,542 shares of the stock at Rs 527.77.

Continuing their rising streak, Sensex closed up by 519.11 points or 1.49 per cent at 35,430.43 while Nifty gained by 159.80 points or 1.55 per cent to close at 10,471.

Larsen & Toubro Infotech (LTI) today announced an ‘accelerated migration program’ for the customers of SAP with Amazon Web Services (AWS).

The construction segment of L&T has secured contracts from prominent clients for its various businesses. 

Alankit Limited and IDP have come together with an aim to provide innovative identity solutions range. Alankit will be launching smart card printing solutions range (SOLID series), which is first-of-its-kind in India for secure, smart and seamless access through ID-cards such as PAN, Aadhaar, Corporate ID cards, student ID cards etc.

Maruti Suzuki has the largest portfolio of green cars on the road with sales of 1,06,443 factory-fitted CNG vehicles across India. The company has witnessed 15.5 per cent CAGR in CNG sales over the past five years. 

Many a time, people get frustrated with their financial advisers. Here are a few things that you should check before hiring a financial adviser.

The market opened in the green on June 23, 2020. The previous trading session witnessed the Sensex going up 179.59 points to end at 34,911.32 and the Nifty was up 66.80 points to close at 10,311.20 .

The market opened in the green on June 23, 2020. The previous trading session witnessed the Sensex going up 179.59 points to end at 34,911.32 and the Nifty was up 66.80 points to close at 10,311.20 .

SSWL currently enjoys approximately 42 per cent market share in the tractor segment. Going ahead, the company is likely to gain the market share in this segment, supported by an improvement in the overall performance.

The beauty of setting up your financial goals and remaining disciplined is what helps you in achieving something impossible.

The market opened in the green on June 23, 2020, overall volumes in futures & options currently stand at 2.18 crore contracts with a turnover of Rs. 12,66,751.36 crore.

US President on Monday suspended H-1B Visa till the end of this calendar year along with H-2B visas, J visas, L visas and visas for all those accompanying these categories along with

The market opened in the green on June 23, 2020, overall volumes in futures & options currently stand at 2.18 crore contracts with a turnover of Rs. 12,66,751.36 crore.

On Tuesday, the early trends in SGX Nifty is directing towards a muted start for the Indian markets.  At 7:42 AM, SGX Nifty was seen trading marginally above the dotted line at 10,334 levels. 

On the downside, Monday’s session low of 10,278 would act as an immediate support level and breach of this level would result into sideways to corrective phase. Stocks in news: 8K Miles, Mindteck, Maruti Suzuki India, TCS.

The stock of FDC Limited has given a downward sloping trendline breakout, formed by connecting swing highs from April 2020. The breakout was supported by robust volumes.

It will be available across the country while, a fewer quantity will be exported to Middle East. In the coming months, the product will be available in stores as well as on the online platforms in India.

Domestic benchmark indices rose today, following banking and financial stocks, as Nifty soared by 66.80 points or 0.65 per cent at 10,311.20 and Sensex gained by 179.59 points or 0.52 per cent to reach a level of 34,911.32.

This dependence highlights a crucial need to be aware that not every figure in the accounts and not every word in the notes can be taken at face value. There are certain facts to be kept in mind for safeguarding the investors’ interests.

In terms of financial performance, the company expects its revenue (in USD terms) for the current quarter to decline sequentially up to a low double-digit percentage, with a consequent lower EBIT margin as compared to that reported for Q4FY20

The market opened in the green on June 22, 2020. The previous trading session witnessed the Sensex going up 523.68 points to end at 34,731.73 and the Nifty was up 152.75 points to close at 10,244.40 .

The market opened in the green on June 22, 2020. The previous trading session witnessed the Sensex going up 523.68 points to end at 34,731.73 and the Nifty was up 152.75 points to close at 10,244.40 .

The market opened in the green on June 22, 2020, overall volumes in futures & options currently stand at 1.90 crore contracts with a turnover of Rs. 11,06,171.96 crore.
 

The market opened in the green on June 22, 2020, overall volumes in futures & options currently stand at 1.90 crore contracts with a turnover of Rs. 11,06,171.96 crore.

Glenmark has received permission from Indian drug regulator to manufacture and market Favipiravir introduced as ‘Fabiflu’, the first oral anti-viral treatment option for mild to moderate COVID-19 patients in India.

Cipla Limited today announced the launch of Remdesivir under its brand name CIPREMI. United States Food and Drug Administration (USFDA) issued an emergency use authorisation (EUA) to Gilead Sciences Inc. for emergency use of the drug for the treatment of COVID-19 patients.

Including the latest ANDA approval, the company has a total of 124 ANDA approvals, of which, 110 are at the final stage and 14 have been granted tentative approvals by United States Food and Drug Administration (USFDA).

Biocon Ltd today announced that Biocon’s subsidiary, Biocon Pharma Limited and DKSH Business Unit Healthcare, have signed an agreement under which DKSH will sell and distribute seven of Biocon Pharma’s generic formulations in Singapore and Thailand.

Under this MoU, both the companies will develop business opportunities. L&T Hydrocarbon Engineering will completely bid for the technologies of KBR with special focus on India, South East Asia, Africa and Middle East.

Bulls were on the top of the world and they had a rocking party in the last two trading sessions of the last week. But, as we enter the fresh week, the Indian markets may get a reality check and they may halt their big party.

The level of 10,325-10,350 is an immediate resistance for the index. Once this level is breached, there are high chances that Nifty may scale to its 61.8 per cent retracement level, which is placed at 10,551 levels. Stocks in news: Cipla, HDFC Bank, PEL, HDFC, Glenmark.

Many a time, people keep thinking of the ways of investing in mutual funds. In this article, we shall discuss the same.

When we talk about Bombay Stock Exchange or BSE, most people know that it is the first ever stock exchange in Asia established in 1875. BSE is also known to be the Fastest Stock Exchange in the world with the speed of 6 micro seconds. With its splendid achievements over the years, BSE is special for Indian capital markets in many ways and is indeed a harbinger of growing economic prowess of Indian economy.

Glenmark Pharmaceuticals Inc. (USA) today received the final approval by United States Food and Drug Administration (USFDA) for Fingolimod capsules, 0.5 mg, which is used to treat relapsing forms of multiple sclerosis.

Talking about the crucial levels to watch out in the coming week, the zone of 21,800-21,970 on the upside will be a major hurdle for the index while, on the downside, the zone of 19,700-19,500 will be a crucial support for the index.

The stock of Bharat Electronics Limited has given a downward sloping trendline breakout, formed by connecting swing highs from March 2020. The breakout was supported by above 50-day average volumes.

Considering the daily timeframe, the stock has formed a reversal bearish engulfing candlestick pattern. This pattern is considered to be a bearish reversal pattern and usually occurs at the top of an uptrend.

The stocks of Steel Strips Wheels Limited (SSWL) were trading in green on Friday after the company informed the exchanges that it won an export order worth US$ 1,10,000 for the supply of truck steel wheels in July 2020, from a client in US.

Domestic benchmark indices soared for a second consecutive day led by gains in RIL. During today's trading session, Nifty gained by 152.75 points or 1.51 per cent to settle at 10,244.40 while Sensex edged higher by 523.68 points or 1.53 per cent to close at 34,731.73.

India Ratings & Research in its latest report stated that the textile companies are likely to witness a huge fall in their revenue in the first half of 2020-21

In its FY19 annual report, the company has indicated implementation of 33,870 TPA phosphoric acid plant and 10,000 TPA of hydrazine hydrate plant at Dahej facility, along with this chloromethanes plant.

Retail investors must design their portfolio in a unique way and should not blindly follow portfolio designs of institutional investors. Here are some of the tips that a retail investor should go through, before designing their portfolio

India’s largest integrated power company, Tata power announced on Friday that its wholly-owned subsidiary, Tata Power Renewable Energy Limited (TPREL) received a letter of award (LoA) to develop a solar project in Maharashtra with a capacity of 100 MW by Maharashtra State Electricity Distribution Co. Ltd (MSEDCL).

The shares of Future Retail locked in at upper circuit of 5 per cent on Friday after market reports suggested that Future Group is considering to sell stakes in Future Retail and some other units to Mukesh Ambani’s Reliance Industries Limited (RIL).

Every retiree wishes to make the best possible use of the retirement corpus. Let us look at investment strategies that one can adopt in thier retirment phase.

The market opened in the green on June 19, 2020. The previous trading session witnessed the Sensex going up 700.13 points to end at 34,208.05 and the Nifty was up 210.50 points to close at 10,091.65 .

The market opened in the green on June 19, 2020. The previous trading session witnessed the Sensex going up 700.13 points to end at 34,208.05 and the Nifty was up 210.50 points to close at 10,091.65 .

The market opened in the green on June 19, 2020, overall volumes in futures & options currently stand at 6.54 crore contracts with a turnover of Rs. 33,83,661.45 crore.

The market opened in the green on June 19, 2020, overall volumes in futures & options currently stand at 6.54 crore contracts with a turnover of Rs. 33,83,661.45 crore.

The credit profile of Tata Motors was already under stress due to lower auto sales and falling demand in key markets even before Coronavirus outbreak.

Reliance Industries’ Jio Platforms has attracted huge amount of investments from some of the leading names of the business world globally. As a result, the stock of RIL has more than doubled the money of investors since the beginning of FY21.

Cipla Limited and Roche Products (India) Pvt Ltd have joined hands to provide better access and innovative medicines for patients in India. Through this partnership, Cipla will undertake the activities of marketing and distribution of Roche’s key trademark oncology drugs like Trastuzumab (Herclon), Bevacizumab (Avastin) and Rituximab (Ristova).

Large-cap gold finance company, Muthoot Finance, remains to be an outperformer in the non-banking financial (NBFC) space, which has been plagued by the rising pressure on asset quality and liquidity issues.

On Thursday, bulls stormed the D-street as Indian markets registered one of best single day gains after June 1. This single day rally was led by Banking and Financial stocks. The early trends on SGX Nifty is indicating the start of Friday to be on a flat note. At 7:55 AM, SGX Nifty was trading almost unchanged at 10,034.50 levels.

A follow through move is important for the index and once the 100-DMA is crossed, the bulls’ mood will cheer up and Nifty can be on its way to reclaim 10,300-10,350 levels. On the downside, the level of 9,980-9,990 is likely to act as an immediate support. Stocks in news: Tata Motors, HCL Technologies, Cipla, Reliance Industries.

The stock of Dr Reddy’s Laboratories Limited has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout.

The stock of Coal India Limited has formed a bullish engulfing candlestick pattern on the daily timeframe. The bullish engulfing candlestick pattern is considered to be a bullish reversal pattern and usually occurs at the bottom of a downtrend.

Succeeding the previous sharp decline in WTI Crude prices in recent times, the price level is presently being maintained above USD 30 per barrel. This is positive news to drillers who have decided to restart production regardless of the decline in demand.

RBI has suggested stringent norms for housing companies by mandating 75 per cent of their home loans to individual borrowers and 50 per cent of assets as their housing loans by March 2024. 

Information technology giant, Tata Consultancy Services announced on Thursday that it is partnering with IBM and expanding their global alliance in a bid to help clients accelerate their digital and cognitive enterprise transformations to IBM public cloud.

In this edition, we have reviewed HUDCO and Bata India. We suggest our reader-investors to HOLD in HUDCO and Bata India