Further, though the lockdown in many parts of the world is about to end, its impact is still very much unknown.

Considering the weekly time frame, the stock of Asian Paints Limited has bounced back from the edge of the upward sloping trendline support, which is formed by connecting the swing lows from July 2019. The reversal from the support is further justified with strong volumes.

The stock of United Spirits Limited has formed a dark cloud cover candlestick pattern on the daily timeframe. The dark cloud cover is a bearish reversal candlestick pattern, which usually occurs when a bearish candle on the second day closes below the middle of first day’s candle.

Vakrangee Limited announced that it has collaborated with government-owned, Chhattisgarh Rajya Gramin Bank (CRGB) for banking business correspondent (BC) point services for Nextgen Vakrangee Kendra in the state of Chhattisgarh.

Indian government is pulling up all its aces to create a cheer in the dull economic environment. In spite of that, the markets remained cautious even today, as Sensex fell by 260.31 points or 0.84 to settle at 30,672.59 levels while, Nifty declined by 67 points or 0.74 per cent to reach the level of 9,039.25.

Indian multinational banking and financial services company, ICICI Bank Limited, has come up with a special fixed deposit (FD) scheme, especially for senior citizens.

Radio City, owned and operated by Music Broadcast Ltd, has partnered with Spotify, the world’s most popular audio streaming platform.

Pharma major Lupin Limited announced on Friday that United States Food and Drug Administration (USFDA) had given the company approval for its Trientine Hydrochloride capsules USP, 250 mg. The company will now be able to market a generic equivalent of Syprine capsules, 250 mg of Bausch Health US, LLC.

Oil and Natural Gas Corporation announced that it has signed a memorandum of understanding with NTPC to set up a joint venture for renewable energy business. 

There are different measures to assess the risk of your portfolio, which will help you to set your expectation right, with regard to your investment, in terms of risk and return.

Intellect Design Arena announced the launch of CBX FX, which provides contextual FX trading experience to the bank’s corporate customers for managing hedging strategies.

Maruti Suzuki in partnership with Cholamandalam Investment and Finance Company Limited (CIFCL) introduces ‘buy now pay later offer’ thereby, allowing customers to start making EMI payments after 60 days of loan disbursement.

Quick Heal Technologies Limited has made a strategic investment of Rs 2 crore in Singapore-based start-up namely, Ray Pte Ltd, which specialises in the next generation networking and wireless technology.

He added that the global economy is heading towards a recession and the value of global trade contracted to three per cent in Q1CY20. He also mentioned that the GDP growth in 2021 is likely to remain in negative.

The market opened in the red on May 22, 2020. The previous trading session witnessed the Sensex going up  by 114.29 points to end at 30,932.90 and the Nifty was up 39.7 points to close at 9,106.25.

The market opened in the red on May 22, 2020. The previous trading session witnessed the Sensex going up  by 114.29 points to end at 30,932.90 and the Nifty was up 39.7 points to close at 9,106.25.

The market opened in the red on May 22, 2020, overall volumes in futures & options currently stand at 5,22 crore contracts with a turnover of Rs. 23,43,597.19 crore.

The market opened in the red on May 22, 2020, overall volumes in futures & options currently stand at 5,22 crore contracts with a turnover of Rs. 23,43,597.19 crore.

Reliance Industries (RIL) announced that private equity firm-KKR will be making an investment worth Rs 11,367 crore into Jio Platforms. With this, Jio Platforms continue its streak of bagging attractive deals.

Friday’s trading session gives us weekly close and that’s why, it is quite significant but still, do you think that after recording its third consecutive close on Thursday, will Nifty be able to make it four day in a row? As a matter of fact, since February 12, we have seen a maximum of four positive closes on the trot.  Stocks in news: Reliance Industries, ONGC, Info Edge, Music Broadcast, Interglobe Aviation, Bandhan Bank, NIIT Technologies.

Indian markets are likely to begin the final trading session of the week on a cautious note as Coronavirus pandemic is breathing new life into US-China trade war. Also, traders may want to stay light ahead of the long weekend as Monday is a holiday.

IndusInd Bank announced that it has expanded the capabilities of its video banking services, with the integration of ‘Video KYC’ platform, thus offering a fully-integrated, zero-contact, completely digital account opening facility for booking fixed deposits in just a few steps.

Amid Coronavirus breakout, the pharma sector has also started to flourish along with other sectors but then, should one consider investing in pharma funds? Let’s find out.

On May 20, 2020 Jubilant Foodworks announced its quarterly results for the quarter ended March 31, 2020. The total income stood at Rs 918.3 crore as per ‘Ind-AS 116’, showing an increase of 4.3 per cent.

In spite of the growing concerns of slow GDP growth and reopening of Indian economy from lockdown; on Thursday, Sensex managed to close in green, inching up by 0.37 per cent or 114.29 points at 30,932.90 levels while, Nifty increased by 0.44 per cent or 39.70 points to close at 9,106.25 levels.

On Thursday, Welspun Corp Limited informed the bourses that the company has been awarded contracts for the supply of 102 kilometre-tonne (KMT) of pipes from various parties.

Shares of Ajanta Pharma were trading in green on Thursday after the pharma company reported strong numbers for the quarter and fiscal year ended March 31, 2020.

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).

Review on 1 stocks recommended in past.

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

Sentiment Indicators.

In the week gone by, we saw markets not only trading down but also being rescued by the positive sentiment about Coronavirus vaccine development

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

Its revenue from operation fell by eight per cent YoY to Rs 6,816 crore.  This was due to 33 per cent YoY fall in domestic volumes, which was partially offset by seven per cent YoY growth in export volumes.

Colgate-Palmolive reported its fourth quarter of FY19 result today. Revenue for the quarter came in at Rs 1,071.26 crore, registering six per cent YoY decline

The latest circular by SEBI allows the listing of mutual fund units of schemes that are in the process of winding up. This will help generate liquidity for investors stuck in the current frozen Franklin Templeton debt mutual fund.

The market opened in the green on May 21, 2020. The previous trading session witnessed the Sensex going up  by 622.44 points to end at 30,818.61 and the Nifty was up 187.45 points to close at 9,066.55.

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

The market opened in the green on May 21, 2020. The previous trading session witnessed the Sensex going up  by 622.44 points to end at 30,818.61 and the Nifty was up 187.45 points to close at 9,066.55.

The market opened in the green on May 21, 2020, overall volumes in futures & options currently stand at 2.57 crore contracts with a turnover of Rs. 12,20,838.30 crore.

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.

The ongoing freefall, it would seem, would keep investors away from the markets and wait for the right opportunity to return and start investing again. But going by the number of demat accounts that are being opened, it does look like investors are in high spirits, which certainly is a good sign for the markets. Geyatee Deshpande finds out the reason behind such excitement and how the statistics are reflecting this new trend.

Data Bank

In this edition, we have reviewed Jamna Auto Industries Ltd. and PVR Ltd. We suggest our reader-investors to HOLD in Jamna Auto Industries Ltd. and PVR Ltd.

The market opened in the green on May 21, 2020, overall volumes in futures & options currently stand at 2.57 crore contracts with a turnover of Rs. 12,20,838.30 crore.

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. 

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.

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.