Mobile marketing platform, Affle India Limited, on Monday, jumped as much as eight per cent after the company announced that it has signed a definitive agreement to acquire Mediasmart Mobile, Spain-based mobile technology company.

The week-ended February 28, saw one of the worst falls in the equity market, however, there are some asset classes that have generated positive returns in the same period.

NCC announced that the company had received a new order worth Rs 85 crore in the month of February, 2020.

On Monday, SPML Infra announced that it has received a large bulk order water supply project worth Rs 546.96 crore from Bangalore Water Supply and Sewerage Board (BWSSB) with the intent of supplying an additional 775 MLD of water to the city of Bengaluru.

Bharti Airtel announced to have carried out self-assessment of various license agreements entered into with the Department of Telecommunications (DoT) and also of various directions issued by the DoT from time to time with respect to Spectrum Usage Charges (SUC).

The stock of L&T Finance Holdings Limited formed a homing pigeon candlestick pattern on the daily time frame. Homing pigeon closely resembles the harami or inside day pattern, except that the both bodies are red rather than being opposite in color.

Man Industries is a leading manufacturer and exporter of large diameter Carbon Steel Line Pipes for various high pressure transmission applications for gas, crude oil, petrochemical products and potable water

Major Pan-African telecommunications service provider, SEACOM and Tata Communications, a leading global digital infrastructure provider, have joined forces to offer high-speed, reliable pathways between Africa, Europe and Asia to meet the growing demand for connectivity linking these regions.

Considering the daily time frame, the stock of Bajaj Finserv Limited is trading in a broadening formation, right-angled and ascending pattern since the last 75 trading sessions. The broadening formation, right-angled and ascending pattern is rare and is considered to be a bearish reversal pattern.

Nevertheless, positive opening in domestic equities and weakening of American dollar in the overseas market restricted the downfall to some extent.

The market opened in the green on March 2, 2020, overall volumes in futures & options currently stand at 1.41 crore contracts with a turnover of Rs. 10,04,044.60 crore.

National Thermal Power Corporation (NTPC) said that the company’s Darlipali Super Thermal Power Station Stage-1 (2 x 800 MW) in Sundargarh district of Odisha has commenced its commercial operation with effect from March 1, 2020.

The market opened in the green on March 2, 2020, overall volumes in futures & options currently stand at 1.41 crore contracts with a turnover of Rs. 10,04,044.60 crore.

The market opened in the green on March 2, 2020. The previous trading session witnessed the Sensex going down by 1,448.37 points to end at 38,297.29 and the Nifty was down by 431.55 points to close at 11,201.75.

The market opened in the green on March 2, 2020. The previous trading session witnessed the Sensex going down by 1,448.37 points to end at 38,297.29 and the Nifty was down by 431.55 points to close at 11,201.75.

Reliance Industries Limited (RIL) announced that the company has acquired 37.7 per cent stake in Mumbai-based textile manufacturing company-Alok Industries for Rs 250 crore.  

The region of 11,020-11,090 is likely to act as a support for the index as its 78.6 per cent retracement level of the rise is similar to what was seen in August 2019. On the upside, Friday’s gap area is likely to act as a stiff resistance. Stocks in news: Reliance Industries, NTPC, Career Point, Bharti Airtel, Dr Reddy’s Laboratories, Affle India, Coal India.

Last week, Indian markets became a victim to Coronavirus outbreak across the world. Nifty declined 7.3 per cent during the week and it was the highest weekly decline since the global financial crisis. However, with the start of a new month, there seems to be a little respite in sight for the markets as SGX Nifty is reflecting a gap-up start of almost one per cent.

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

Tata Consultancy Services (TCS) has been positioned as a leader in the Everest Group PEAK Matrix@ for Property and Casualty (P&C) Insurance Application and Digital Services.

On Friday, the stock has given a neckline breakdown of the double top pattern. This breakdown was confirmed by the above 50-day average volumes. With the pattern breakdown, the stock had formed a reversal bearish engulfing candlestick pattern on the weekly time frame.

The price bids for the project were opened on February 13, 2020 and PNC’s bid was the lowest (L1). Further, the construction of this project is to be completed within 30 months.

On Friday, Dr Reddy Laboratories informed the bourses that the audit for its manufacturing plant at Bachupally (Telangana) was completed by the United States Food and Drug Administration (USFDA). The health regulator issued a Form 483 with two observations to the company.

SBI Cards and Payment Services (SBIC) a subsidiary of SBI, engaged in credit card services, is entering the capital market with its Initial Public Offer (IPO) of equity shares of Rs 10 each.  Read on to find if you should subscribe to the issue.

The stock of Adani Enterprises Limited forms evening doji star candlestick pattern on the weekly time frame. The evening doji star is a reversal candlestick pattern which is bearish in nature and appears at the end of an uptrend.

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

TVS Motor Company, a manufacturer of two-wheelers, three-wheelers and CADISA one of the largest business groups across Guatemala and El Salvador, today announced the inauguration of their flagship showroom in El Salvador. In-line with the global standards of TVS Motor Company, this flagship showroom will be a distinctive store in Central America.

Equity market witnessed a bloodbath on D-street and Sensex crashed more than 1,448 points by the end of the trading session as the domestic markets suffered huge losses with the equity benchmark indices hitting their lowest levels recorded since mid-October.

With SEBI’s move on mutual funds and PMS, is personal finance industry becoming advisory in nature? In this article, we will try to figure it out.

Before going to these stocks, we must remember that Indian equity markets, in the sharp fall, have eroded more than Rs 6 lakh crore market caps in the time frame of just one week, showing the depth of the fallen sentiment.

Vodafone Idea has demanded to fix minimum tariffs for mobile data at Rs 35 per GB, around 7-8 times of the current price and for calls at 6 paise per minute along with monthly charge

India Ratings and Research (Ind-Ra) in its latest report has revised its outlook of the steel sector to negative from stable-to-negative for FY21E, amid modest steel demand growth expectations of five per cent and margin pressures led by iron ore price risks.

Godrej Properties Limited has informed the bourses that it has entered into an agreement to purchase land in the upcoming and fast developing micro-market of Chandivali, Mumbai.

Pidilite Industries Limited has entered into a definitive agreement with Tenax SPA (Tenax Italy) for acquiring 70 per cent of the share capital of Tenax India Stone Products Pvt Ltd (Tenax India) for cash consideration of approx. Rs 80 crore (depending upon actual working capital and cash at the time of closing).

Late after the trading hours on Thursday, Hindustan Petroleum Corporation Limited (HPCL) informed the bourses that it had entered into a share purchase agreement with eight nationalised banks for the acquisition of 17.28 per cent shares of Petronet MHB Limited, an associate unlisted company of HPCL. 

The market opened in the red on February 28, 2020, overall volumes in futures & options currently stand at 5.04 crore contracts with a turnover of Rs. 34,32,312.68 crore.

The market opened in the red on February 28, 2020, overall volumes in futures & options currently stand at 5.04 crore contracts with a turnover of Rs. 34,32,312.68 crore.

India’s third-largest hotel chain, Lemon Tree Hotels Limited, through its management subsidiary-Carnation Hotels Pvt Ltd, announced on February 27, 2020, that they have inaugurated their first Lemon Tree Hotel in Bhutan, which becomes the second international hotel after Dubai.

The market opened in the red on February 28, 2020. The previous trading session witnessed the Sensex going down by 143.30 points to end at 39,745.66 and the Nifty was down by 45.20 points to close at 11,633.30.

The market opened in the red on February 28, 2020. The previous trading session witnessed the Sensex going down by 143.30 points to end at 39,745.66 and the Nifty was down by 45.20 points to close at 11,633.30.

It was a virtual carnage across the global markets as they remained rocked by the intensified concern regarding the spreading of Coronavirus. On the Wall Street, Dow plunged 1,100 points on Thursday with even the tech-heavy Nasdaq not being spread. Indian markets are likely to remain under pressure and markets fear a ‘Black Friday’. Hence, we would advise traders to stay as light as possible since the weekend is likely to be wild with all the news flows.

Near term support is at 11,500-level. A move below 11,500 is likely to continue the negative trend whereas, a move above 200-DMA will result into a range-bound of positive movement.

FY19-20 is about to end in just one month and I’m sure you might be planning to buy insurance for the purpose of tax saving. So hereby, presenting you a life insurance buying guide for the year 2020.

WHAT LIES AHEAD : NEAR-TERM PICTURE 

TUBE INVESTMENTS OF INDIA LTD 

The shares of the pharmaceutical company, Lasa Supergenerics Limited jumped today to hit a fresh 52-week high after the company announced recently that it has acquired Harishree Aromatics & Chemicals Private Limited.  

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

Till last week, Indian markets seemed somewhat immune to the virus news as dips were being relished and bought into the markets.

Glenmark Pharmaceuticals Ltd, a pharmaceutical company, today announced that its subsidiary, Glenmark Specialty SA has entered into an exclusive licensing agreement with Hikma Pharmaceuticals PLC for commercialising its novel nasal spray Ryaltris™ in United States of America.

National Company Law Tribunal (NCLT) Chandigarh Bench approved the merger of GlaxoSmithKline Consumer Healthcare Limited (GSKCH) into Hindustan Unilever Limited (HUL) which previously NCLT of Mumbai Bench had approved as per its order dated September 24, 2019.

US Food and Drug Administration (USFDA) conducted a post-approval and GMP inspection at Biocon’s facility located in Bengaluru.

Container Corporation of India Limited (CONCOR) and joint stock company-Russian Railways Logistics has executed a Memorandum of Understanding (MoU) for co-operation and collaboration in promoting intermodal transportation of cargo over International North-South Transport Corridor (INSTC).

L&T Limited’s construction arm has secured orders from prestigious clients for its varied businesses in India and abroad. The estimated value of these projects is Rs 1,000-2,500 crore.

Alphageo (India) Limited bagged order from Vedanta Limited for 2D and 3D Seismic Data Acquisition Services in Assam for an estimated contract value of Rs 184 crore (inclusive of taxes).

Shoppers Stop Shuts Two Stores Shoppers Stop has informed the bourses today that it has closed

Our analysis of January 2020 portfolio of equity dedicated mutual fund shows there is not much merit in expanding the definition of market cap for mutual fund investment.

It is always interesting to know the top wealth creators in any given period as it helps us ascertain the underlying trend of the market. Yogesh Supekar and Karan Bhojwani underlines the stocks that have created maximum wealth in 2019 while market experts comment on the market outlook going ahead. Also, the DSIJ Reasearch Team shares a list of

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.

Databank of top-ranked equity fund

In this edition, we have reviewed Shoppers Stop and National Aluminium Company Limited (NALCO).
We suggest our reader-investors to HOLD in Shoppers Stop and National Aluminium Company Limited (NALCO)

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. 

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. 
 

A lot was expected by mutual fund investors from Union Budget 2020. However, it turned out to be a disappointing one for them. To begin with

Post the abolition of the Dividend Distribution Tax as announced in the Union Budget 2020, the possibility of funds with PSU themes performing well and rewarding investors has become better. Our study points out how this will happen
 

Indian rupee strengthened against US dollar on Thursday amid easing crude oil prices. Weak domestic equities capped some upward sentiment in rupee as investors continued to remain concerned about the spreading of novel Coronavirus outside China.

Unless you are the beneficiary of a large fortune or have won a lottery, the process of wealth creation is an unusually long one. And this is particularly true of equity investments, as is indicated by our study of five years of returns in different categories.

Your articles have been an eye-opener many a times.

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

Ever since the capital market regulator came out with categorisation and rationalisation of mutual fund schemes in October 2017, there has been growing demand from the industry to re-visit the categorisation of stocks.

Insider trading has always been a point of discussion for investors and regulators. Anthony Fernandes explains what exactly insider trading is and what best can investors do to protect their portfolios from being exposed negatively to such malpractices. 
 

With expensive stocks getting more expensive, there exists considerable confusion in an investor’s mind whether to construct a portfolio with low p/e stocks which, traditionally, is a preferred strategy to beat markets or include more high p/e stocks in the portfolio. Geyatee Deshpande shares her unique perspective on a topic that concerns a majority of investors.

This section covers a stock which has been in buzz for the past couple of months. Our research team gives you a complete insight of the company along with guidance on the investment decision to be taken at the current juncture.

Chennai-based two and three-wheeler maker TVS Motors announced on Thursday that it has joined hands with Motomundo SA, a business group in Honduras (Central America) to facilitate the sales and service of its products, across all Motomundo stores in Honduras in a phase-wise manner.

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

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. 

Chemical manufacturing company, Transpek Industry Limited is trading higher today after the company on February 26, 2020 announced that its board of directors have considered and approved a new project in its meeting held on Tuesday.

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.

Now that an increasing number of people have tested positive for the corona virus from such countries as Italy, Hong Kong, Iran and South Korea the markets have become increasingly subdued

I appreciate your inputs given in the cover story titled ‘Q3FY20 – A Mixed Bag’

Tata Motors said that its board approved committee has given an approval for raising Rs 500 crore through the issuance of Non-Convertible Debentures (NCDs) on private placement basis.

I am elated to inform you that the current issue is a special one as it is our 34th anniversary edition.

The 11,614-11,550 zone is the only visible critical support. As we are in the process of closing February derivative series, we can see a very volatile session. In any case, 3rd February low of 11,614 breaches, the long-term trend also becomes bearish. Stocks in news: Hindustan Unilever, Biocon, Adani Port and Special Economic Zone, RITES, Concor.

The virus headline is likely to dominate the nervous stock market and as a result, we are going to witness another negative opening. SGX Nifty is down by 54 points, trading at 11,671 levels.

GMR Group announced that it has entered into a partnership with Groupe ADP for a partnership in the airport business.

Inflation is considered as one of the significant components responsible for wealth destruction. So, let’s see how different asset classes fare against inflation at different times.

The domestic stock market faced losses today as both the benchmark indices ended the trading session in red, hitting three-week lows, the lowest intraday levels recorded since February 3, 2020. S&P BSE Sensex was down by more than 392 points and closed at 39,888.96 levels, down by 0.97 per cent. Nifty too followed the trail by closing at 11,678.50, down by 1.01 per cent.

Brigade Group, a leading real estate developer in India, announced on Wednesday that it had partnered with Oakter, a home automation company, to provide smart home solutions to its future residents.

The shares of Salasar Techno Engineering were up by almost five per cent on Wednesday when the company announced that it had been awarded a contract for the construction of 132/33 KV, 2X50 MVA substation at Nathkuchi (Assam) along with the associated transmission lines from Assam Electricity Grid Corporation Limited (AEGCL).

Rossari Biotech Ltd, a specialty chemicals maker has received a regulatory approval for its Initial Public Offering (IPO).

Securities and Exchange Board of India (SEBI) issued its final observations on Rossari Biotech’s draft prospectus for the IPO on February 20, according to information on the capital market regulator’s website.

CRISIL announced about the completion of acquisition of 100 per cent stake in Greenwich Associates LLC and its six subsidiaries as well. Despite this development, the stock of the company fell by more than four per cent on Wednesday.

As per the contract, the company would make an upfront payment of Rs 6,500 crore to MSRDC, followed by a staggered payment of Rs 850 crore each in one to three years and Rs 62 crore in four years, aggregating to Rs 8,262 crore for sub-concession period of ten years and two months.

Aurobindo Pharma announced of receiving an Establishment Inspection Report (EIR) with Voluntary Action Initiated (VAI) status from USFDA for its Hyderabad facility.

Bandhan Bank’s current promoter holding is still above the mandated level, that is, at 61 per cent, however, despite this, RBI removed its restriction on the pretext of ‘considering the efforts made by Bandhan Bank to comply with the said licensing condition.’

Pharma major Cipla reported to the exchanges that United States Food and Drug Administration (USFDA) have issued a warning letter in accordance with the inspection held at the company’s manufacturing facility in Goa.

Overall, the structure is weak for the short-term and rallies are likely to be sold until the resistance zone of 11,900-11,930 is not crossed. Stocks in news: IRB Infrastructure Developers, Bandhan Bank, Bank of Baroda, Godawari Power & Ispat, Arrow Greentech.