Databank of top-ranked equity funds based on DSIJ

When it comes to trading in the equity markets there are several strategies that traders swear by for profitable and quick returns. Price volume breakout is one of the most popular and profitable strategies that can be executed with minimal drawdowns. Yogesh Supekar explains the details of the strategy while Vinayak Gangule provides some examples to help understand the concept and approach. 

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Airline companies have been heavily impacted by COVID-19 pandemic. Aviation stocks were considered to be money losing stocks with low hopes for revival. But as new announcements are coming, the trend has been reversed as on Thursday, InterGlobe Aviation gained by more than eight per cent while, SpiceJet hits its upper circuit of five per cent.

It makes tremendous sense to increase appetite for equity when the stock prices fall. However, it is easy to get confused or even totally lost while deciding which sectors to focus on in such a crisis-driven situation. For sure all sectors are negatively impacted; however, some are impacted more than the rest. The DSIJ Research Team shares the outlook for various important sectors that will prove to be game-changers for the economy.

Given the fact that GMM Pfaudler caters to such industries as pharmaceuticals, specialty chemicals and agrochemicals which are expected to witness an upward movement in the coming years, it has a lot of growth prospects going ahead.

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

While small-cap funds can go through meteoric highs like large-cap and mid-cap funds, what is important is to note what happens when the downward slide begins. How much time do small-cap funds take to recover? And then is it worth the risk to invest in small-cap funds? The article provides the ‘truth and dare’ equation.

The United States Food and Drug Administration (USFDA) has granted final approval to Cipla Limited for its Abbreviated New Drug Application (ANDA) for Dihydroergotamine Mesylate Nasal Spray 4mg/mL with a Competitive Generic Therapy (CGT) designation.

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.

The corona virus pandemic hit India in late March 2020, especially at a time when some green shoots were starting to become visible through the first two months of the year. 

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.

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.

One of the key factors that determine the level of success you can achieve is how you manage to keep your investments on track through a defined time horizon.

While the world is moving towards easing the lockdowns, the new wave of infections and the failure of the economic stimulus package in India to bring about any cheer have continued to keep the markets on the edge.

The current upsurge in the price of gold may tempt many an existing or potential investor to assume that gold, from among all the other asset classes, makes for the most secured and profitable investment option. However, that is not truth, as this article points out.

Tata Power Co. Ltd informed that its wholly-owned subsidiary, Tata Power International Pte Limited (TPIPL) has acquired ten per cent equity stake in Adjaristsqali Netherlands BV (ABV) from International Finance Corporation (IFC) for USD 1,50,000.

Canara Robeco Asset Management operates with a dynamic asset allocation strategy and as its CEO Rajnish Narula says in this interview, it involves the frequent adjustment of the weights of asset classes in a portfolio based on the overall market performance or the performance of certain asset classes 

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. 

I have been thinking of adopting a passive investment strategy and your cover story titled ‘Setting Sights on Index Funds’ did help me understand more about it

Experience is the best teacher and it is bad experience that teaches you some of the best lessons. In that respect, many investors are now staring at large drawdowns in their portfolio.

In your previous magazine issue, the editor has written about the concept of beta while picking stocks in the current market scenario. I would like to know how does portfolio hedging with beta work?

The Indian stock market does not seem to be enjoying the same euphoria that can be seen in the western markets. On the western front there seems to be a lot of bullishness owing to the stimulus packages alongside people resuming work. In India, people have thumbed down the Rs 20 lakh crore stimulus doled out by the finance minister.

We have quite a few positive takeaways from Wednesday’s session and a move above 9,158 levels would give a confirmation of temporary bottom. As long as the level of 8,800 is protected on the downside, bulls might have an advantage. Stocks in news: Tata Power, Tata Motors, Kalpataru Power.

In early action, SGX Nifty is seen trading in a negative territory despite a strong rally on Wall Street. The biggest cause of concern for the domestic markets is that India has recorded the biggest single-day jump of 5,611 new Coronavirus cases, taking the nationwide tally of confirmed cases to over 1.06 lakh on Wednesday.

The shares of Dr Reddy’s Laboratories went up by more than five per cent today after the company announced that it has received an EIR for its Bachupally plant-3, located in Telangana.

Extreme behaviour and volatility was seen in the stock markets today unlike previous trading sessions. On Wednesday, Sensex jumped by 2.06 per cent, which is 622.44 to settle at the level of 30,818.61 while, its NSE counterpart-Nifty gained by 187.45 points or 2.11 per cent more than its previous close to end the session in green at 9,066.55 level.

We have analysed the absolute returns given by the Nifty stocks since the start of the lockdown till May 19, 2020. We calculated the absolute change in prices in percentage terms of the Nifty stocks from March 25 to May 19, taking the closing price of the two dates. While we might think that the data will show negative returns only, we have actually seen some positive results too.

The company continues to reduce its debt and as on Q4FY20, its consolidated net debt was at Rs 16,860 crore as against Rs 22,111 in the corresponding quarter of the previous year

Multinational IT Corporation, Infosys Ltd is planning to launch a privacy-first contact tracing solution in association with Rhode Island (US). The partnership will help people and state officials to prevent the spread of Coronavirus cases as well as slow down community transmission of the disease in United States.

Finolex Industries Ltd (FIL), India’s largest manufacturer of rigid PVC pipes & fittings, has increased the turnover discount scheme (TOD) across its dealer network, which is in addition to its already existing TOD that the company pays to incentivise its dealer network.

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

The monthly holding report of domestic asset management companies show that they are bullish on pharmaceutical companies and bearish on banking stocks.  

The market opened in the green on May 20, 2020. The previous trading session witnessed the Sensex going up  by 167.19 points to end at 30,196.17 and the Nifty was up 55.85 points to close at 8,879.10.

The market opened in the green on May 20, 2020. The previous trading session witnessed the Sensex going up  by 167.19 points to end at 30,196.17 and the Nifty was up 55.85 points to close at 8,879.10.

The market opened in the green on May 20, 2020, overall volumes in futures & options currently stand at 2.24 crore contracts with a turnover of Rs. 10,85,207.05 crore.

We have considered BSE-listed companies and jotted down top five companies in which promoters have increased their stake. The list also comprises of those companies, where promoters have decreased their stake in the quarter ended March 2020 as compared to December 2019 quarter.

The market opened in the green on May 20, 2020, overall volumes in futures & options currently stand at 2.24 crore contracts with a turnover of Rs. 10,85,207.05 crore.

Larsen & Toubro Infotech (LTI) reported stellar performance amid a challenging time. Its consolidated revenue for the quarter came in at Rs 3,011.9 crore, registering 7.14 per cent QoQ increase. This was primarily driven by growth across all the verticals. BFSI and Manufacturing segment, which are the top two major revenue contributors

India’s largest power generation company, Tata Power Co. Ltd, has approved the issuance of non-convertible debentures of around Rs 1,500 crore.

SGX Nifty indicates that the markets may have a firm start this Wednesday but like Tuesday, it could face a resistance soon. The range for the day is likely to be 8,800-9,050. Until and unless Nifty does not decisively breach this range on either side, we could see it staying within the boundaries of the range mentioned.

The important support for Nifty is placed around 8,800 mark and a decisive move below this support level, could drag Nifty towards 8,550-8,500 in the short-term. On the upside, the zone of 9,050-9,120 is likely to act as a stiff resistance. Stocks in news: Finolex Industries, Mangalam Drugs and Organics, Tata Power, Spice Jet.

The shares of the mining company, Vedanta Limited, tanked more than two per cent today after the company announced that its board of directors has approved a proposal for delisting the company from BSE and NSE. 

Nesco’s consolidated revenue for the fourth quarter of FY20 was up by 25.9 per cent YoY to Rs 117.75 crore. This was primarily due to 86 per cent YoY jump in the IT Park revenue

TCS iONTM, a strategic unit of Tata Consultancy Services (TCS), announced the launch of remote assessments, a product that enables universities and exam boards to conduct secure, free and fair examinations at scale, in a remote model. The exam schedule of education institutions and exam conducting boards has been deeply impacted due to the current pandemic.

Lincoln Pharmaceuticals Limited has received European Union (EU) GMP certification from Germany FDA for its manufacturing facility located at Khatraj (Gujarat). The certification will allow the company to market its products in all the 27 member countries of EU and also give an access to European Economic Area (EEA) countries. The company aims to enter EU markets very soon with its dermatology, gastro and pain management products and gradually expand product portfolio.

Fabric manufacturer, Raymond Ltd, announced that the company is planning to raise funds via NCDs this week.

Pharma major Lupin Limited announced that it had launched an authorised generic version of Bausch Health’s Apriso (Mesalamine extended-release capsules 0.375 gm) in US Market.

Alembic Pharmaceuticals Limited informed the bourses on Tuesday that its joint venture, Aleor Dermaceuticals Limited has received approval from United States Food & Drug Administration (USFDA) for its abbreviated new drug application (ANDA) Clobetasol Propionate shampoo, 0.05 per cent.

The market opened in the green on May 19, 2020. The previous trading session witnessed the Sensex down  by 1,068.75 points to end at 30,028.98 and the Nifty was down 313.60 points to close at 8,823.25.

Everyone is eager to know what the mutual fund managers bought or sold and especially keen to know what they actually bought. So, here, we bring you a list of stocks that attracted the fund managers in the month of April 2020. Let’s find out.

The market opened in the green on May 19, 2020. The previous trading session witnessed the Sensex down  by 1,068.75 points to end at 30,028.98 and the Nifty was down 313.60 points to close at 8,823.25.

The market opened in the green on May 19, 2020, overall volumes in futures & options currently stand at 1,81 crore contracts with a turnover of Rs. 9,03,860.84 crore.

The market opened in the green on May 19, 2020, overall volumes in futures & options currently stand at 1,81 crore contracts with a turnover of Rs. 9,03,860.84 crore.

Laurus Labs today informed the bourses that it has received an approval from USFDA under President’s Emergency Plan for AIDS Relief (PEPFAR) for two abbreviated new drug applications (ANDAs)

Biocon Limited’s subsidiary Biocon Biologics India Ltd has received a certificate of GMP compliance from EMA for multiple Biologics drug substance (DS) and drug product (DP) manufacturing facilities at Biocon Park, Bengaluru.

The company’s order book as on December 31, 2019 stood at Rs 22,011 crore. Its order book mix comprises of T&D-54.6 per cent, civil-11.3 per cent, cables-1.9 per cent, railways-31.1 per cent and smart infra- 1.1 per cent.

NourishCo Beverages Limited is a joint venture in the ratio of 50:50 between Tata Consumer Products and PepsiCo. This stake acquisition of Pepsico will further expand Tata’s Food & Beverages portfolio.

Nifty has retraced more than 50 per cent of the prior rise and the next major support is placed in the region of 8,756-8,800 as 61.8 per cent retracement is placed in this region. On the upside, the zone of 9,050-9,165 is likely to act as a resistance level for the index. Stocks in news: VEDL, Tata Consumer, ABFRL, Raymond.

Indian equity markets nosedived on Monday and closed at one month low. But as Doug Kass says often, the markets have no memory from day to day. The market participants are likely to catch by surprise as SGX Nifty is indicating a strong opening this morning and helping this cause are also the firm global cues after Moderna reported that its experimental trial of COVID-19 vaccine showed promising results.

Domestic benchmark indices have begun the week on a negative note as Sensex fell by 1,068.75 points, which is 3.44 per cent lower than its previous close to be at the level of 30,028.98. Nifty closed down by 313.60 points, which is 3.43 per cent lower than its previous close to settle at 8,823.25 level.

The stock of Bata India Limited has given a breakdown of rising wedge pattern on the daily time frame. This breakdown was confirmed by the above 50-day average volume.

Tata Steel Limited was picked by our Bollinger Band squeeze scanner, which suggests that the stock is near a consolidation breakout.

PAT for the quarter came in at Rs 32.6 crore as against Rs 47.4 crore in the corresponding quarter last year, with YoY decline of 31.2 per cent.

On Monday, Praj Industries and Sekab E-Technology AB (Sweden) signed a cooperation agreement to upgrade and commercialise base technology for producing advanced biofuels and biochemicals from forest residue as feedstock.

With the pandemic still very well holding itself, we can see lockdowns are getting more lenient to let the economy have another start. So, here are a few things that you need to remember at such times.

The stock of Canara Bank slumped more than seven per cent on the bourses today after the bank announced that it has launched a special business vertical dedicated for gold loans with low interest, in order to provide hassle-free credit to its customers.

The market opened in the green on May 18, 2020. The previous trading session witnessed the Sensex down  by 25.16 points to end at 31,097.73 and the Nifty was down 5.9 points to close at 9,136.85.
 

The market opened in the green on May 18, 2020. The previous trading session witnessed the Sensex down  by 25.16 points to end at 31,097.73 and the Nifty was down 5.9 points to close at 9,136.85.

The market opened in the green on May 18, 2020, overall volumes in futures & options currently stand at 1,08 crore contracts with a turnover of Rs. 5,61,885.86 crore.

The market opened in the green on May 18, 2020, overall volumes in futures & options currently stand at 1,08 crore contracts with a turnover of Rs. 5,61,885.86 crore.

KNR Constructions Limited (KNRCL) along with its joint ventures, announced that the company has received orders worth Rs 2,309.23 crore from Irrigation & CAD Department, Government of Telangana.

Nirmala Sitharaman said that there will be indigenisation of some imported spares and a separate budget provisioning for domestic capital procurement will be done. This will reduce the huge defence import bill, she stated.

Reliance Industries Limited (RIL) announced that its rights issue of a size of Rs 53,125 crore will open on May 20 and close on June 3, 2020. Also, General Atlantic is set to make an investment in Jio Platforms.

As per the data of IQVIA (IMS Health), US sales of Advair Diskus is nearly $2.9 billion for the 12-month period ending March 2020.

The lockdown had already affected the sales of almost the entire month of March. The sentiments got further impacted due to the news flow that Coronavirus spreads rapidly in low temperatures.

The level of 9,000 would be crucial level to watch out and any move below this level, could lead to further downside towards 8,820 levels. Meanwhile, on the upside, Thursday’s gap which stands at 9,281-9,351 is likely to act as a resistance. Stocks in news: Reliance Industries, KNR Constructions, Future Consumer, Godrej Consumer Products.

Indian equity markets are likely to open on a soft note as the extension of the lockdown till May 31 and a sharp surge in COVID-19 cases in the last few days had dampened the sentiments.

Drug major, Zydus Cadila announced on Saturday that it has received a tentative approval from United States Food & Drug Administration (USFDA) to market Droxidopa capsules, in the strengths of 100 mg, 200 mg and 300 mg.

Here is a list of mutual funds that are in-line to be launched soon.

DLF Limited, a real estate company, has been reaffirmed long-term rating as A+ and the outlook has been revised from positive to stable.

The MoU has been signed to explore opportunities of joint development of railways and other infrastructure projects in Asia, Africa and Latin America.

In the month of April, mutual funds increased their weightage in the healthcare sector by 220 basis points on a yearly basis.

The stock of India Cement Limited has given a downward sloping trendline breakout on the daily time frame. This breakout is confirmed by robust volumes.

Manappuram Finance Ltd, one of India's leading NBFCs, declared its results for FY 2019-20 on Friday. The company reported a full-year consolidated profit after tax of Rs 1,461.8 crore, a sharp increase of 55.7 per cent over the previous year's figure of Rs 938.9 crore. 

Debt MFs have been going through a rough patch and require one’s due diligence before investing in it. Read on more to find out relevant points that you need to check on before investing in debt MFs.

PAT for the quarter came in at Rs 58.86 crore, with YoY increase of 114.5 per cent. The company holds a strong cash balance of Rs 764 crore, which is almost 38 per cent of its current market capitalisation.

ensar Technologies reported stellar operational performance in the fourth quarter of the fiscal year 2019-20. Profit after tax surged nearly 74.8 per cent QoQ to Rs 72 crore

On the financial front, it reported 25 per cent growth in sales on YoY basis, largely due to volume growth. The electricity volumes registered growth in Q4FY20, from 9,908 MU to 13,835 MU.

The market opened in the green on May 15, 2020. The previous trading session witnessed the Sensex down up by 2.77 percent to end at 31,122.89 and the Nifty was down 2.57 percent to close at 9,142.75.

The market opened in the green on May 15, 2020. The previous trading session witnessed the Sensex down up by 2.77 percent to end at 31,122.89 and the Nifty was down 2.57 percent to close at 9,142.75.

The market opened in the green on May 15, 2020, overall volumes in futures & options currently stand at 5,00 crore contracts with a turnover of Rs. 23,82,281.68 crore.

The market opened in the green on May 15, 2020, overall volumes in futures & options currently stand at 5,00 crore contracts with a turnover of Rs. 23,82,281.68 crore.

The company has reported an order book of Rs 12,443 crore as of the end of third quarter of FY20, which translates nearly three times of its TTM revenue.

Hikal Ltd derives nearly 66 per cent of revenue share from exports. It has a wide presence in Europe, US and other parts of Asia. Crop protection segment contributes 41 per cent of its total revenue.

Biocon Limited has announced its financial result for the quarter ending March 2020. Its consolidated revenue for the quarter Q4FY20 came in at Rs 1,581 crore as against Rs 1,528.8 crore in the corresponding quarter last year, registering 3.4 per cent YoY increase.

The stock of pharmaceutical company, Unichem Laboratories Limited, rose by more than five per cent today after the company announced that it has received an establishment inspection report (EIR) from USFDA for its API facility at Roha.

Sustaining below the level of 9,116 would open up for a downmove toward the levels of 9,000-8,900. While, on the upside, the resistance has now shifted towards 9,270-9,350 levels. Stocks in news: Intellect Design Arena, Torrent Pharmaceuticals, IRCON International, Unichem Laboratories, HDFC.

On the final trading session of the week, SGX Nifty is see-sawing near the neutral line as well as trading flat at 9,118 levels. The second tranche of economic package was unveiled by Finance Minister. She announced a host of schemes for migrant workers, street vendors, small traders and small farmers.

Behavioural finance is one of the key areas that one should understand while investing. So, what are the behavioural biases that you should keep at bay during such uncertain times. Let’s find out.