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

 Review on 1 stocks recommended in past.

 Fundamental Analysis of 1 Stocks (with 180 days horizon).

1 stock recommendation based on Street Talk (with 7 days horizon).

he week gone by was extremely volatile and lacked any clear trend

IT major, Infosys Limited and NICE Actimize, a leader in autonomous financial crime management, announced the expansion of their strategic collaboration.

PNC Infratech Limited informed the bourses on Wednesday that it has been declared as the L1 (lowest) bidder for NHAI project of 53.95 km long four-laning of Meerut-Nazibabad section of NH-119

The market opened in the red on May 14, 2020. The previous trading session witnessed the Sensex going up by 2.03 percent to end at 32,008.61 and the Nifty was up 2.03 percent to close at 9,383.55.

Lupin Limited has received an establishment inspection report (EIR) from United States Food & Drug Administration (USFDA) for its Visakhapatnam (Andhra Pradesh) facility.

The market opened in the red on May 14, 2020. The previous trading session witnessed the Sensex going up by 2.03 percent to end at 32,008.61 and the Nifty was up 2.03 percent to close at 9,383.55.

The market opened in the red on May 14, 2020, overall volumes in futures & options currently stand at 2,27 crore contracts with a turnover of Rs. 11,80,265.29 crore.

The market opened in the red on May 14, 2020, overall volumes in futures & options currently stand at 2,27 crore contracts with a turnover of Rs. 11,80,265.29 crore.

The low of Wednesday’s session would be crucial to watch out as sustaining below 9,350 level, could lead the index towards 9,116 levels. While on the upside, sustaining above 9,450 mark, could open gates for 100-200 points rally on the upside. Stocks in news: Datamatics Global Services, Kingfa Science & Technology, Infosys, Maruti Suzuki India, PNC Infratech.

On Thursday, Indian markets are set for a negative start as SGX Nifty indicates a gap-down opening. At the time of writing, SGX Nifty was down by 151 points at 9,248 level.

The stock of REC Limited has given a downward sloping trendline breakout on the daily time frame. This breakout is confirmed by above 50-day average volumes.

The government tenders of up to Rs 200 crore would not be the global tenders. This creates a higher window to MSMEs in grabbing more business opportunities as there will be no international players in the bidding process.

Dr Reddy’s Laboratories, a multinational pharmaceutical company, announced that the company has received an establishment inspection report (EIR) for Srikakulam formulations plant.

Hexaware Technologies Ltd, one of the fastest-growing next-gen providers of IT services, has launched Amaze for Data & AI, the new cloud transformation solution for taking on-premise data warehouses and analytics ecosystems to cloud.

Operating profit during the period tanked nearly 50 per cent YoY to Rs 723.4 crore. Operating margin in the quarter deteriorated by almost 280 bps from corresponding quarter of previous year to 4.2 per cent.

Domestic benchmark indices finally ended their continuous streak of volatile trading sessions as today, Sensex jumped by 2.03 per cent, which is by 637.49 points to close at the level of 32,008.61 while, Nifty inched up by 2.03 per cent, which is 187 points to reach the level of 9,383.55.

Currently, we are undergoing a rough economy patch and during such times, your financial planning strategy defines your financial situation. Read on to find out more.

Infosys, a global leader in the next-generation digital services and consulting, has been selected by GlobalFoundries (GF), the world’s leading speciality foundry, as its partner for the company’s digital transformation program. Through this partnership, Infosys will provide expertise and analytical solutions to optimise the overall efficiency and agility of GF’s manufacturing and business operations.

The economy and the market are not moving in tandem when the conventional wisdom says it should move together. Read on to know more about this conundrum.

The shares of Kokuyu Camlin Limited, a stationery company, increased more than two per cent on Wednesday after the company announced that it has partially resumed services at its Patalganga plant (Maharashtra).

The market opened in the green on May 13, 2020. The previous trading session witnessed the Sensex going down by 0.6 percent to end at 31,371 and the Nifty was down 0.5 percent to close at 9,196.

Syngene International reported healthy performance in the fourth quarter of FY20. Its revenue for the quarter improved 13 per cent YoY to Rs 627.8 crore from Rs 554.7 crore in Q4FY19. This revenue growth was driven by robust performance in discovery and development services

The market opened in the green on May 13, 2020. The previous trading session witnessed the Sensex going down by 0.6 percent to end at 31,371 and the Nifty was down 0.5 percent to close at 9,196.

The market opened in the green on May 13, 2020, overall volumes in futures & options currently stand at 2,14 crore contracts with a turnover of Rs. 10,73,997.01 crore.

The market opened in the green on May 13, 2020, overall volumes in futures & options currently stand at 2,14 crore contracts with a turnover of Rs. 10,73,997.01 crore.

Gilead Sciences Inc. has entered into a non-exclusive licensing agreement with four Indian companies namely Cipla Ltd, Hetero Labs Ltd, Jubilant Life Sciences and Mylan and one Pakistani firm Ferozsons Laboratories. The agreement is for manufacturing and distribution of the investigational medicine Remdesivir.

Air conditioning and commercial refrigeration major Blue Star Limited reported its financial performance for the quarter and year-ended March 2020.

This offer comprises to buyout the 48.94 per cent non-promoter shares at Rs 87.5 per share. This price signifies a premium of ~10 per cent over its closing market price on May 11 which was Rs 79.60.

The level of 9,450-9,510 is a key level to watch out on the upside. Sustaining above this would open up for further upmove towards 9,710-9,800 in the short-term. Stocks in news: Jubilant Lifesciences, VEDL, Apollo Microsystems.

Defying weak global cues, Indian markets are set for a blistering opening as SGX Nifty indicates Nifty to open at 9,439, up by 2.87 per cent. The key catalyst for the domestic markets on May 13 would be the stimulus plan of Rs 20 trillion announced by Prime Minister Narendra Modi to revive Indian economy.

The stock of Reliance Industries Limited has formed an evening doji star candlestick pattern on the daily time frame. Evening Doji Star is a reversal candlestick pattern which is bearish in nature and appears at the end of an uptrend.

Factors are the building blocks of investing. A better understanding of the factors will help investors to make more informed decision on their investments.

Recently, index investing has gained a lot of traction due to the majority of large-cap funds underperforming their benchmarks. However, if seen from a long-term perspective, is it fruitful to invest in index funds? Let’s find out.

The spreading of COVID-19 pandemic had forced various countries to close their air space for commercial flights. However, Indian Government is planning to resume a few domestic flight operations, starting from May 18, 2020.

Automobile manufacturer, Maruti Suzuki India Limited was shining on the stock exchanges today after it resumed operations at its Manesar plant (Haryana) on a single shift basis.

The market opened in the red on May 12, 2020. The previous trading session witnessed the Sensex going down by 81.48 points to end at 31,561.22 and the Nifty was down 12.3 points to close at 9,239.20.

Many people are considering investing in debt MFs for various reasons but does it make sense at all to invest in debt MFs? Let’s find out.

With this achievement, the company would further enhance its strength by addressing rising need of the patients in EU markets.

Sonata Software reported its fourth quarter result of FY20 on Monday. Its consolidated revenue for the quarter came in at Rs 928.68 crore, registering decline of 24.92 per cent QoQ

The market opened in the red on May 12, 2020. The previous trading session witnessed the Sensex going down by 81.48 points to end at 31,561.22 and the Nifty was down 12.3 points to close at 9,239.20.

Seamec Limited announced that it has secured a contract with construction engineering company, L&T Hydrocarbon Engineering for the deployment of its diving support vessel (DSV) named-Seamec Princess for working at Mumbai High Offshore.

The market opened in the red on May 12, 2020, overall volumes in futures & options currently stand at 1,61 crore contracts with a turnover of Rs. 8,29,845.86 crore.

The market opened in the red on May 12, 2020, overall volumes in futures & options currently stand at 1,61 crore contracts with a turnover of Rs. 8,29,845.86 crore.

Glenmark Pharmaceuticals Limited has initiated phase 3 clinical trials in India on antiviral tablet-Favipiravir, for which it had received an approval from India’s drug regulator-DCGI in late April. Glenmark is the first company in India to initiate phase 3 clinical trials on Favipiravir for COVID-19 patients in India.

Indian automobile manufacturer, Ashok Leyland, announced that it is planning to raise Rs 300 crore through the issuance of redeemable, non-convertible debentures (NCDs) on a private placement basis.

The zone of 9,188-9,240 is a crucial support level as 38.2 per cent retracement level and 20-DMA is placed in this region. A move below this level could take Nifty towards 8,972 levels in the short-term. Stocks in news: IND-Swift Laboratories, Ashok Leyland, InterGlobe Aviation.

Markets worldwide have been gripped by fear of the viral infection resurging as report suggested that new Coronavirus cases have been found in countries such as China and South Korea. This pessimism is likely to attack Dalal Street and hence, SGX Nifty is indicating a negative start as it is down by 68 points at 9,147 level.

Tata Tea, a part of Tata Consumer Products Limited, the multinational non-alcoholic beverages company, has partnered with Help Age India to support senior citizens in the ongoing pandemic situation.

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

Elgi Equipments informed the exchanges that its wholly-owned subsidiary, Elgi Compressors USA Inc, has formed a joint venture company with Bryan Becker, Managing Partner of the LLC.

BSE StAR MF contributed Rs 56,038 crore as net equity inflow during FY19-20, which is 66 per cent of the entire MF Industry Net Equity Inflow which was 83781 crore for FY19-20. BSE StAR MF contributed 61 per cent in net equity inflow i.e Rs 3806 crore out of the entire MF industry’s total of Rs 6212 crore in April 2020.

The stock of Hexaware Technologies Limited has formed a bullish engulfing candlestick pattern on the daily time frame. The bullish engulfing candlestick pattern is considered to be a bullish reversal pattern and usually occurs at the bottom of a downtrend.

Global enterprise software specialist Ramco Systems announced that WT Partnership Australia, a leading international cost and consultancy firm, has successfully implemented Ramco HR and global payroll solution in Phase I of the project, to replace the latter’s legacy systems for its Australian operations.

Global investment firm-Carlyle Group announced that its affiliated entity; CA Harbor Investments agreed to acquire an equity stake of up to 74 per cent in SeQuent Scientific Limited, the largest pure-play animal healthcare company in India.

Tata Power strategic engineering division (Tata Power SED), a division of Tata Power Company Limited, announced the signing of a contract with Ministry of Defence, Government of India, for infrastructure modernisation of 37 airfields of Indian Airforce, Indian Navy and Indian Coast Guard in a contract, which is to be executed over a period of four years.

There is an old adage attached to the month of May as in ‘sell in May and go away’. It is relevant in the current situation as the stocks have underperformed in the month of May.

Glenmark Pharmaceuticals Limited has launched a single inhaler triple therapy AIRZ-FF-a combination of two bronchodilators, Glycopyrronium & Formoterol and the inhalation corticosteroid Fluticasone propionate for chronic obstructive pulmonary disease (COPD).

The shares of the automaker company, Hero MotoCorp Limited, went up by more than six per cent on Monday after the company announced that they have sold around 10,000 units of motorcycles and scooters on resuming retail business.

The market opened in the green on May 11, 2020. The previous trading session witnessed the Sensex going up by 209.32 points to end at 31,642.70 and the Nifty was up 52.45 points to close at 9,251.50.

The market opened in the green on May 11, 2020. The previous trading session witnessed the Sensex going up by 209.32 points to end at 31,642.70 and the Nifty was up 52.45 points to close at 9,251.50.

The market opened in the green on May 11, 2020, overall volumes in futures & options currently stand at 1,12 crore contracts with a turnover of Rs. 5,76,735.01 crore.

Inox Wind has started execution of the first phase of the project comprising of 126 MW, which is scheduled to be commissioned by Q3FY21 at Dayapar, in Bhuj district (Gujarat) on a turnkey basis.

The test was validated at two sites in Mumbai and has been found to have high sensitivity and specificity. In addition, the test will have the advantage of testing 90 samples together in a single run of 2.5 hours.

The market opened in the green on May 11, 2020, overall volumes in futures & options currently stand at 1,12 crore contracts with a turnover of Rs. 5,76,735.01 crore.

Nifty is likely to trade in the range of 9,100-9,450 range. Break on either side is likely to result in a trending move. Stocks in news: CIPLA, Sequent Scientific, Minda Corp, Lupin.

The global cues are positive and as a result, SGX Nifty is indicating a gap-up start for Indian markets. Key catalyst for this optimism is a hope that US and China might avoid another bruising clash over trade and market participants are of the view that trade deal would actually progress.

BSE reported that Honourable Finance Minister Nirmala Sitharaman inaugurated Rupee Dollar Derivatives on BSE’s India International Exchange (IFSC), Limited (India INX), which is India’s first international exchange based in the International Financial Services Centre (IFSC) located at Gujarat International Finance Tec-City (GIFT City).

The inflows in the equity mutual funds saw a sharp drop on a monthly basis. Read on to find out more.

Punjab National Bank (PNB) Housing Finance Limited announced that it has reduced its retail lending rates including home loan as well as loan against property by 15 basis points, with effect from today.

NSE IFSC Limited (Wholly owned subsidiary of National Stock Exchange of India Ltd) today announced the launch of Trading in Indian Rupee – US Dollar, Futures & Options Contracts on NSE IFSC, GIFT City, Gandhi Nagar, Gujarat.

Reliance Jio bags the third deal after Facebook and Silver Lake. This time, Vista Equity Partners will be making an investment of around Rs 11,367 crore into Reliance Jio as announced by Reliance Industries and Jio Platforms Limited.

Pharmaceutical company, Neuland Laboratories Ltd, announced that it has received an establishment inspection report (EIR) for its manufacturing facility located at Pashamylaram in Hyderabad.

During the week, RBI Governor held video conferences with representatives of non-banking financial companies (NBFCs) including NBFC-micro finance institutions (NBFC-MFIs), where issues such as availability of liquidity were discussed.

EBITDA grew by seven per cent as against previous year, to $383 billion. The top-line, though, is down by 12 per cent to $2.7 billion due to lower shipments as well as aluminum prices.

The stock of J B Chemicals & Pharmaceuticals Limited has given a downward sloping trendline breakout on the weekly time frame, formed by connecting swing highs from February 2020. The breakout was supported by strong volumes.

The stock has formed descending hawk candlestick pattern on weekly time frame, which suggest weakening of the short-term uptrend and may reverse to the downtrend after the confirmation candle.

Gold prices went up by 45 per cent in the last year. Is it the right time to invest now?

Active tracking and monitoring of COVID-19 is significant for understanding and curbing its infection vector. For this purpose, Hexaware Technologies came up with a cloud-based, quarantine zone care management software solution called-KareRing. It is a mobile application that provides institutional care providers, a care management dashboard, quarantine zone tracking as well as reporting facility.

On Friday, Biocon announced that United States Food & Drug Administration (USFDA) had issued the company with five observations for its small molecules API manufacturing facility at Biocon Park SEZ, Bommasandra (Bengaluru, Karnataka).

The business also would show high sustainability due to its short-term loans and recovery period of as small as three months, which may not face high risk of defaults due to the current lockdown.

The market opened in the green on May 8, 2020. The previous trading session witnessed the Sensex going down by 0.76 percent to end at 31,443.38 and the Nifty was down 0.78 percent to close at 9,199.05.

Zydus Cadila today informed the bourses that it has launched Enzalutamide, a highly effective drug for the treatment of prostate cancer, under the brand name ‘Obnyx’ in India. With this launch, the treatment cost of prostate cancer is likely to be reduced by almost 70 per cent

Factor-based investing is gaining popularity world over. What is it and how is it different from others?

The market opened in the green on May 8, 2020. The previous trading session witnessed the Sensex going down by 0.76 percent to end at 31,443.38 and the Nifty was down 0.78 percent to close at 9,199.05.

The market opened in the green on May 8, 2020, overall volumes in futures & options currently stand at 4.79 crore contracts with a turnover of Rs. 22,79,856.76 crore.

Dr Reddy today informed the bourses that the company has received an establishment inspection report (EIR) from USFDA for API manufacturing plant at Srikakulam, Andhra Pradesh (CTO VI) facility which was audited as on January 29, 202

Tata Motors announced that it has decided to withdraw the issue for private placement of unsecured non-convertible debentures (NCDs) up to Rs 1,000 crore in view of the higher cost expectations from the market participants. 

The market opened in the green on May 8, 2020, overall volumes in futures & options currently stand at 4.79 crore contracts with a turnover of Rs. 22,79,856.76 crore.

Pharma major, Zydus Cadila informed the bourses after trading hours on Thursday that the company has received a final approval from USFDA to market Deferasirox tablets for oral suspension in the strengths of 125 mg, 250 mg and 500 mg. The drug will be manufactured at the group’s manufacturing facility at SEZ, Ahmedabad.

The rating agency also focussed on the strong liquidity position of the company. Its statement said that the liquidity stood around Rs 4,500 crore (cash as well as CC & WCDL) and Rs 13,000 crore from sanctioned term loans, debentures etc.

The immediate level resistance placed at 9,227 will act as a point of control. Only above this level, Nifty may test the levels of 9,290 and 9,365. In any case, if Nifty sustains below 9,189, it can test 9,142 and 9,014 levels. Stocks in news: Neuland Laboratories, Vakrangee, BOSCH, Tata Motors, Cadila Healthcare.

Welcome to the last trading session of the week! Today, SGX Nifty is flashing green as Asian peers are trading with healthy gains and overnight, Wall Street ended on a positive note. Currently, SGX Nifty is trading up by 98 points at 9,294 level.

The stock of Godrej Industries Limited has formed a bullish engulfing candlestick pattern on the daily time frame.

On Thursday, the stock has given a neckline breakdown of the double top pattern. This breakdown was confirmed by the above 50-day average volumes. 

1 stock recommendation based on Street Talk (with 7 days horizon).