L&T is one of the largest engineering, technology, construction and financial services conglomerate. It classifies its order book in four major categories such as significant, large, major and mega.

On Thursday, India’s largest IT firm, Tata Consultancy Services reported its fourth quarter result of FY20. Its consolidated revenue for the quarter was at Rs 39,946 crore which largely flat compared to Rs 39,854 crore in the previous quarter of the same fiscal year

The market opened in the green on April 17, 2020, overall volumes in futures & options currently stand at 4,10 crore contracts with a turnover of Rs. 19,55,639.67 crore.

The market opened in the green on April 17, 2020, overall volumes in futures & options currently stand at 4,10 crore contracts with a turnover of Rs. 19,55,639.67 crore.

The company has taken this step as the demand for hand sanitisers reaches a new peak amidst the recent spread of COVID-19 global pandemic. The company could be beneficial as there is a huge gap in the demand & supply of hand sanitisers in the market.

Nifty has continued its sequence of higher highs and higher lows. On the upside, sustaining above 9,132 level could open up for further upside, towards the levels of 9,390. Stocks in news: Sudarshan Chemical, Graphite India, M&M, JK Lakshmi Cement, Grindwell Norton.

The markets showed some signs of strength in the previous session as the speed and urgency shown by multiple pharmaceuticals companies to find a resolution to COVID-19 is a good sign. Further, the optimism has been flamed after a report stated that Gilead’s drug is one of the most-watched therapies being studied for the treatment of COVID-19 patients.

The stock of Advanced Enzyme Technologies has given a pennant pattern breakout on the daily time frame. The breakout was confirmed by the above 50-day average volumes.

Everyone is eager to know what the mutual fund managers bought and sold but mostly keen to know what they ‘bought’. So, which are the stocks that attracted the fund managers in March 2020. Let’s find out.

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

The equity asset under management (AUM) of the domestic mutual fund industry saw a sharp drop in FY20 after six years of continuous rise.

Subscribers can ask their queries regarding stocks they hold and get our expert guidance.

 Review on 1 stocks recommended in past.

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

 Sentiment Indicators.

On Thursday, domestic indices-Sensex and Nifty closed in green as Sensex gained by 0.73 per cent, which is 222.80 points to end at 30,602.61 level while, Nifty closed up by 0.76 per cent, which is 67.50 points to the level of 8,992.80.

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

Jesse Livermore, one of the greatest trader of all times, has quoted

The market opened in the red on April 16, 2020. The previous trading session witnessed the Sensex going down by 310.21 points to end at 30,379.81 and the Nifty was down 68.55 points to close at 8,925.30.

The market opened in the red on April 16, 2020. The previous trading session witnessed the Sensex going down by 310.21 points to end at 30,379.81 and the Nifty was down 68.55 points to close at 8,925.30.

The market opened in the red on April 16, 2020, overall volumes in futures & options currently stand at 2,14 crore contracts with a turnover of Rs. 11,09,944.59 crore.

The market opened in the red on April 16, 2020, overall volumes in futures & options currently stand at 2,14 crore contracts with a turnover of Rs. 11,09,944.59 crore.

Man Industries (India) Ltd, one of the leading large-diameter pipe manufacturing companies, announced that it has partially resumed operations at its Anjar plant (Gujarat) in compliance with the directives provided by Indian Government.

On Thursday, the heavy engineering arm of Larsen & Toubro announced that the unit has secured orders for key gasification equipment from Wuhan Engineering Ltd (China) against stiff Chinese competition for Talcher Fertiliser Ltd (TFL) which is the first-of-its-kind coal gasification project in India.

Vakrangee has successfully launched mobile vans in Mumbai metropolitan region (MMR), which is fully-equipped to provide the key essential services to the citizens.

India’s merchandise exports in March 2020 dropped almost 35 per cent YoY, owing to a sharp fall in shipments of leather, gems & jewellery and petroleum products

Endurance Technologies’ subsidiary and the special purpose vehicle for strategic overseas investments-Endurance Overseas Srl (Italy) has acquired a controlling equity stake of 99 per cent in Adler SpA

Biocon Limited’s subsidiary Biocon Biologics India Ltd has received an establishment inspection report (EIR) from USFDA for the pre-approval inspection (PAI) at two of its biologics manufacturing facilities in Bengaluru.

Tata Consultancy Services (TCS) has announced that Israel’s first fully-digital bank has partnered with TCS as the first customer of its banking service bureau, powered by TCS BaNCS.

The range of 8,650-9,390 is a crucial range to keep a watch out and break on the either side of the range, which would lead to a directional move. Stocks in news: Shree Cement, Endurance Technologies, Escorts, Galaxy Surfactants, Navin Fluorine International, Prataap Snacks.

The onslaught by bear that began in the second half of the trading session is likely to continue today as well, since SGX Nifty indicates a negative start for the markets. Global cues are also dreadful on the back of weak US economic data as corporate earnings has been severely impacted by the spread of COVID-19.

It is rightly said that the quality of anything is defined by its foundation. Therefore, in this article, we will discuss all the basic concepts of personal finance.

Acrysil Limited has announced that the company has partially resumed operations at its Bhavnagar factory on Wednesday after getting required permission from the authorities.

On Wednesday, Zydus Worldwide DMCC, a wholly-owned subsidiary of Cadila Healthcare Limited, announced that it has received tentative approval from the United States Food and Drug Administration (USFDA) to market Macitentan tablets (US RLD: Opsumit tablets), 10 mg.

The international rating agency, Moody’s Investor Services said that it has placed JSW Steel Limited’s rating under review for downgrade on the back of the company’s severe exposure to the ongoing Coronavirus outbreak and its subsequent fall in steel demand.

The global economy is expected to shrink by 3.0 per cent during 2020 due to Coronavirus-driven collapse of activity. This will mark the steepest downturn since the Great Depression of 1930s as per International Monetary Fund (IMF)

On Wednesday, Sensex closed down by 1.01 per cent, which is 310.21 points to be at 30,379.81 levels. Nifty also fell by 0.76 per cent which is 68.55 points to 8,925.30 levels. The morning session had witnessed Sensex rising over 700 points along with Nifty, gaining by more than 200 points as global peers were positive.

Since the beginning of Coronavirus pandemic, companies belonging to either aviation or tourism as well as hotel industry have seen a major downfall with lockdowns forcing them to suspend their business activities.

Solar design & engineering company, Gensol Engineering Ltd, announced that the company has recently won tenders from a few reputed clients.

The market opened in the green on April 15, 2020. The previous trading session witnessed the Sensex going down by 1.5 percent to end at 30,690.02 and the Nifty was down 1.3 percent to close at 8,993.

The market opened in the green on April 15, 2020. The previous trading session witnessed the Sensex going down by 1.5 percent to end at 30,690.02 and the Nifty was down 1.3 percent to close at 8,993.

The market opened in the green on April 15, 2020, overall volumes in futures & options currently stand at 1.18 crore contracts with a turnover of Rs. 6,27,016.11 crore.

Hindalco announced that the company’s wholly-owned subsidiary Novelis Inc. has completed the acquisition of US-based rolled products major, Aleris Corporation. Post this development, the stock of the company gained by nearly five per cent.

The market opened in the green on April 15, 2020, overall volumes in futures & options currently stand at 1.18 crore contracts with a turnover of Rs. 6,27,016.11 crore.

The company has secured the orders to build regional rapid transit system (RRTS) infrastructure from National Capital Region Transport Corporation (NCRTC) in Uttar Pradesh.

Jindal Steel & Power Limited (JSPL), the only private-sector company to manufacture head-hardened rails, has bagged 2,308-tonne supply order from Rail Vikas Nigam Limited (RVNL) for the development of Kolkata Metro Corporation.

During FY20, the company sustained its strong sales momentum across various brands, enhanced by the new project launches of 4th Avenue SunteckCity, Oshiwara District Centre (ODC), Goregaon (W) and Sunteck MaxXWorld, Naigaon. A significant progress in the construction work across projects along with strong pre-sales has led to a major ramp up in collections.

Lupin Limited has received an establishment inspection report (EIR) after closure of USFDA inspection of its Mandideep Unit II facility, classifying the inspection as voluntary action indicated.

ESG dedicated funds have delivered sustainable results in the last few years. So, should they form a part of your portfolio?

The level of 8,900 holds the key and at higher side, the level of 9,132 is likely to act as an immediate hurdle. Holding above this level, could lead to the further round of upmove towards the level of 9,350-9,400 in the near term. Stocks in news: Motherson Sumi, Dr Reddy’s Laboratories, Biocon, Hindalco Industries, Maruti Suzuki, Hero Motocorp.

On Wednesday morning, SGX Nifty is trading above 9,200-mark, indicating a gap-up start for the index; however, we feel the upmove may be restricted as the zone of 9,350-9,400 is a big hurdle to cross. On the earnings front, Wipro is slated to announce its Q4 numbers today.

On Tuesday, Dr Reddy’s Laboratories Ltd along with its subsidiaries announced the launch of an authorised generic version of NitroDur (nitroglycerin) Transdermal Infusion System in the US market. NitroDur is a trademark of USpharma Ltd.

The shares of Zee Entertainment Enterprises Limited (ZEEL) slipped more than eight per cent on Monday after the company recently announced that it has invested Rs 522 crore in its tech subsidiary, Margo Networks Private Limited.

On the capex front, the company has incurred the highest-ever capital expenditure in FY20, amounting to Rs 230 crore. Also, more than 10 new products have been developed for aero space, navy and energy sectors.

As part of its ongoing initiatives towards COVID-19 relief efforts, Hero MotoCorp, world’s largest manufacturer of motorcycles and scooters, is donating 60 first-responder mobile ambulances to authorities.

Tata Communications Limited has announced that the company will consider fundraising in its board meeting scheduled on April 15, 2020.

A leading private dairy in South India and a subsidiary of Godrej Agrovet Limited-Creamline Dairy Products Limited (CDPL) announced that it is delivering essential items like dairy products under their ‘Jersey’ portfolio in housing societies amid nationwide lockdown.

Biocon Limited and Mylan NV together have launched Fulphila, a biosimilar of Neulasta (pegfilgrastim) in Australia. Fulphila is now available on the pharmaceutical benefits scheme (PBS).

The company has received decent interest from various quarters regarding the above-mentioned product range, which includes several government agencies and foreign buyers.

The volatility index is inversely related to the equity market. India NSE Volatility Index has recently cooled off from its recent peak. Does this mean that the equity market's bottom is behind us?

Lasa Supergenerics has received an approval from Food & Drug Administration authorities to manufacture Progesterone. Soon after this development, the stock of the company gained by 4.86 per cent.

On Monday, GPT Infraprojects informed the bourses that it has bagged an order worth Rs 114.68 crore by National Highways & Infrastructure Development Corporation (NHIDCL), Ministry of Road Transport and Highways, Government of India, New Delhi.

On Monday, Max Life Insurance and Yes Bank Limited announced a five-year extension of their strategic ‘bancassurance relationship’, which began in February 2005.

We usually make several decisions based on our emotions, especially decisions related to money matters, which further lead us towards disaster. Read on to find out more about the money mistakes that you should choose to avoid.

Stocks markets begin the week on a weaker note as Sensex drops by 1.51 per cent, which is 469.60 points to the level of 30,690.02. Nifty also declined by 1.30 per cent, which is 118.05 points to the level of 8,993.85.

Tata Consumer Products Limited and e-commerce website, Flipkart have come together to partner for providing essential commodities amidst the nationwide lockdown in the wake of COVID-19 pandemic.

GMR Infrastructure has informed the bourses that its subsidiary GMR Airports Limited (GAL) has received a letter of award (LoA) for the development and operations of Greenfield International Airport at Bhogapuram from Government of Andhra Pradesh

Pharma major Lupin informed the bourses today that it has received an establishment inspection report (EIR) after closure of USFDA inspection of its Nagpur (India) facility

The market opened in the red on April 13, 2020. The previous trading session witnessed the Sensex going up by 4.23 percent to end at 31,159.27 and the Nifty was up 4.1 percent to close at 9,111.

The market opened in the red on April 13, 2020. The previous trading session witnessed the Sensex going up by 4.23 percent to end at 31,159.27 and the Nifty was up 4.1 percent to close at 9,111.

The market opened in the red on April 13, 2020, overall volumes in futures & options currently stand at 3,63 crore contracts with a turnover of Rs. 17,88,472.01 crore.

The market opened in the red on April 13, 2020, overall volumes in futures & options currently stand at 3,63 crore contracts with a turnover of Rs. 17,88,472.01 crore.

The investment in this subsidiary was intended to unlock value in the global injectable markets. The subsidiary has been given an approval for its abbreviated new drug application (ANDA) Ropivacaine Hydrochloride injection USP from USFDA.

In a fight against the deadly Coronavirus the company set to put in its efforts by manufacturing portable ventilators, the company said in a press release to the stock exchanges.

On Friday, the stock had given a breakout above the neckline of double bottom formation, backed by strong volumes. Additionally, the stock formed a sizeable bullish candle on the breakout day, which adds further strength to the breakout. 

There are chances this counter trend rally may extend towards 9,400-9,600 zone. However, we would advise the traders to exercise caution at higher levels. Stocks in news: Gujarat Alkalies & Chemicals, Transgene Biotek, Camlin Fine Sciences, Cadila Healthcare, Lasa Supergenerics.

Welcome to Dalal Street after a long weekend. Today, Indian markets will be back to work.  The beginning of the week seems to be a tepid one as the early indications by SGX Nifty show that markets are set for an insipid start. SGX Nifty trades down by 50 points at 9,056 levels.

Punjab & Sind Bank announced that its board is planning to raise equity capital next week via QIP and preferential issue.

Natural gas distribution company, Adani Gas Limited, gained more than two per cent after the company reduced prices of compressed natural gas (CNG) as well as piped natural gas (PNG).

The shares of world’s seventh largest tyre manufacturer, Apollo Tyres Ltd jumped nearly eight per cent on April 9, after the company announced that it has raised Rs 500 crore through NCDs.

Larsen & Toubro (L&T) has come up with new innovative technologies such as artificial intelligence to help the local authorities in monitoring and implementing measures to combat the spread of COVID-19.

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

Zydus Cadila announced that the company has received a final approval from US Food & Drug Administration (USFDA) to market Imatinib Mesylate tablets, 100 mg and 400 mg.

Despite all the fall in the equity market, investors have shown faith in equity as an asset class and poured in Rs 30,109 crore in equity dedicated funds in the month of March 2020.

The key reason for this staggered performance was the lack of any strong trigger that could bring certainty in term of revenue. Further, many regulatory hurdles, such as from USFDA, also made things difficult for these companies.

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).

Granules India informed the bourses on Thursday that its wholly-owned subsidiary, Granules Pharmaceuticals Inc has received approval from the United States Food and Drug Administration (USFDA) for Butalbital, Acetaminophen and Caffeine Capsules USP, 50 mg/300 mg/40 mg.

The shares of Aurobindo Pharma Limited (APL) were trading in green on Thursday after the company announced that it has received final approval from US Food and Drug Administration (USFDA) to manufacture and market Fluoxetine Tablets, 10 mg and 20 mg.

NIIT Limited, a global skills and talent development company, on Thursday, announced that it has specially designed and launched NIIT ‘remote work excellence kit’ course to support India’s fight against COVID-19. The online course has been made available absolutely free on its official portal that is, www.niit.com with an aim to facilitate remote working for adults.

Sentiment Indicators.

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

Review on 1 stocks recommended in past.

Editor's views on the capital markets, stock reviews and word on Dalal Street.

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

There are various methods used around the globe for goal-based financial planning. Declining glide path is one such method. Read on to find out more.

On Thursday, bulls were again seen establishing their dominance in D-Street as Sensex surged by 4.23 per cent, which is by 1,265.66 points to close at the level of 31,159.62. Nifty also gained by four per cent or 354 points to end the trading week at the level of 9,102.75.

The campaign of Mutual Fund Sahi Hai to promote mutual funds led to the desired result and helped the industry to on-board over 50 lakh new investors within 12 months of its launch. Yet, on deeper analysis it appears that it was ‘void ab initio’. Now, however, the revised campaign seems to be on the right track
 

Data Bank

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