US Food & Drug Administration (USFDA) had conducted an inspection of Aurobindo Pharma’s Unit IV, a general injectable formulation manufacturing facility situated at Pashamylaram (Hyderabad) from November 4 to 13, 2019. At the end of the inspection, it was issued 'Form 483' with 14 observations.

The market opened in the green on February 19, 2020. The previous trading session witnessed the Sensex going down by 161.31 points to end at 40,894.38 and the Nifty was down by 53.30 points to close at 11,992.50. 

Maruti Suzuki's new model boasts of many advanced features, however, despite this; the stock of Maruti Suzuki India Ltd was trading in red during Wednesday’s morning session. 

On the upside, Nifty may witness a resistance around 12,060 levels followed by 12,100. On the downside, the 100-DMA which stands at 11,942-mark is likely to act as an immediate support level. Stocks in news: HCL Technologies, Jaiprakash Associates, Infosys.

The last trading session was full of action as in majority part of the session, the bears dominated but just like any Bollywood movie, we see that the ‘hero’ comes and knocks down the villain in the climax, similarly, the bulls came back with a vengeance in the climax of the trade and trimmed majority of the day’s losses.

Bharat Rasayan has executed a joint venture agreement with Nissan Chemical Corporation (NCC) under the name-Nissan Bharat Private Limited.

The board of directors of Future Lifestyle Fashions Limited (FLFL) will hold a meeting on February 20, 2020 to consider as well as to evaluate the proposal for raising funds.

Tata Consultancy Services (TCS), a leading global IT services, consulting and business solutions organisation announced that Banque Saudi Fransi (BSF), one of the largest banks in the Kingdom of Saudi Arabia, has selected TCS BaNCS’ Global Banking Platform to provide seamless and contextual customer experiences with a digital core.

The shares of Pritika Auto Industries were trading in green on Tuesday when the company informed the bourses that it had received an additional export order for machined castings from US-based conglomerate. The said order is in addition to the existing order which was received in September 2019, taking the total value of the order to US$ 2 million from this foreign client.

GP Petroleums Limited (GPPL) is planning to invest Rs 100 crore in a new state-of-the-art plant in Saronda (Gujarat) to process over 300,000 kilo litres of lubricants, thus enabling the company to be present across the entire gamut of Indian lubes market.

Bangalore-based, Barbeque Nation Hospitality Limited (BNHL), the single largest player in the organised dining space has refilled a fresh Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO)

CFO Story Forum, being organised in association with HSBC and Dalal Street Investment Journal as its media partner in Bengaluru, aims to cater digital transformation shift. In context to this, a conference will take place at Courtyard by Marriott, Hebbal Bengaluru on February 27, 2020.

Securities and Exchange Board of India (SEBI) board met in Mumbai on February 17, 2020 and took some major decisions. Read on more to find out the key takeaways of SEBI’s board meeting

We are now at the end of earning session of the third quarter of FY20. In this article, we have tried to cover top five companies, which have been consistently reporting a growth in the net sales/PAT as well as improving margin in the last few quarters

The investors took note of the report about the most valuable company in United States-Apple Inc, which informed that it will not be able to meet its revenue projections for March quarter as Coronavirus epidemics had slowed down its production and declined its demand in China.

USD/INR has formed a reversal spinning bottom candlestick pattern as on weekend of July 12, 2019 and thereafter, it has witnessed almost 5.24 per cent depreciation against US dollar. However, considering the daily time frame, USD/INR is trading in a symmetrical triangle pattern since the last five months.

On completion of the merger, the broadcasting business will be housed in Network18 while, the cable & ISP business would be in separate wholly-owned subsidiaries of Network18.

Gujarat-based solar power generation company, KPI Global Infrastructure, informed the bourses that it had bagged orders for executing a solar power project of a capacity of 900 KW under Captive Power Producer (CPP) in Surat. The CPP solar power project has been received from JPB Fibers (Surat) for which the company has received a letter of intent.

On Monday after the trading hours, JSW steel announced that it had received a communication from the Department of Steel and Mines, Government of Odisha. The company informed that it had been declared as the preferred bidder for three iron ore mines in auctions held by the State Government of Odisha between January 31, 2020 and February 4, 2020.

The market opened in the red on February 18, 2020, overall volumes in futures & options currently stand at 1.48 crore contracts with a turnover of Rs. 10,76,068.77 crore.

GMR Infrastructure on Monday informed the bourses that its subsidiary-GMR Energy Limited has signed definitive agreements for the sale of its entire stake in GMR Kamalanga Energy Limited.

One of India’s largest plastic companies, Kisan Mouldings has entered into a Memorandum of Understanding (MoU) with PIL Italica Lifestyle Limited (PILL), the company announced on February 17, 2020 (Monday) after the market hours.

The market opened in the red on February 18, 2020, overall volumes in futures & options currently stand at 1.48 crore contracts with a turnover of Rs. 10,76,068.77 crore.

The market opened in the red on February 18, 2020. The previous trading session witnessed the Sensex going down by 202.05 points to end at 41,055.69 and the Nifty was down by 67.65 points to close at 12,045.80.

The market opened in the red on February 18, 2020. The previous trading session witnessed the Sensex going down by 202.05 points to end at 41,055.69 and the Nifty was down by 67.65 points to close at 12,045.80.

The level of 12,250 is acting as a stiff resistance and on the downside, 12,000 is acting as a support level. Only a breakout on either side could lead to a directional move. Stocks in news: Orissa Minerals Development Company, Grasim Industries, JSW Steel, HAL, Tata Motors, JSW Energy.

Majority of Asian peers are trading lower and SGX Nifty is also trading in a negative zone with the loss of 35 points at 12,038 levels, hence, we expect a negative opening for Indian stock markets. For Nifty, the 12,000 mark is a very important support level and the breach of this support could lead to another 100-150 point’s correction.

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

Considering the daily time frame, the stock has formed a three inside down candlestick pattern. This pattern represents a confirmation of the bearish harami pattern, which indicates that the forecast is successful.

Alphageo (India) on Monday said that it has received Notification of Award (NOA) of contract from Oil India Limited (OIL). Reacting to this news, the stock of the company rose by more than 10 per cent intraday.

Thyrocare Technologies is launching blood-based cancer screening profile consisting of Easycheck360, which is a cancer screening test profile for early detection of 16 types of cancers that is processed by Datar Cancer Genetics.

Lupin announced that United States Food and Drug Administration (USFDA) have successfully completed the inspection at its Aurangabad facility.

Tata Motors announced on Monday that the company wishes to offer rated, listed, unsecured, redeemable, non-convertible debentures totalling to Rs 500 crore in two tranches. Taking this into consideration, the company is holding a meeting with its duly constituted committee of the board of directors on February 24, 2020.

National Company Law Appellate Tribunal (NCLAT) on Monday allowed JSW Steel, an Indian steel company owned by JSW Group, to acquire the bankrupt company Bhushan Power & Steel Ltd (BPSL) after approving its resolution plan, for Rs 19,700 crore.

On the first day of the week, Sensex closed below 202.05 points at 41,055.69 levels, down by 0.49 per cent while, Nifty managed to close at 12,045.90 levels, down by 0.56 per cent.

The market opened in the green on February 17, 2020, overall volumes in futures & options currently stand at 1.71 crore contracts with a turnover of Rs. 12,46,565.90 crore.

The market opened in the green on February 17, 2020, overall volumes in futures & options currently stand at 1.71 crore contracts with a turnover of Rs. 12,46,565.90 crore.

Granules India informed the bourses on February 15, 2020 (Saturday) that US Food and Drug Administration (USFDA) has completed inspection of its facility in Gagillapur located in Hyderabad (Telangana) on February 14, 2020 and have issued two observations. The company assured that it would respond to these observations within the stipulated time.

The market opened in the green on February 17, 2020. The previous trading session witnessed the Sensex going down by 202.05 points to end at 41,257.74 and the Nifty was down by 61.2 points to close at 12,113.45.

The market opened in the green on February 17, 2020. The previous trading session witnessed the Sensex going down by 202.05 points to end at 41,257.74 and the Nifty was down by 61.2 points to close at 12,113.45.

Overall, the multi-asset allocation strategy has proven to be fruitful.  Being said that, Tata has launched-Tata Multi Asset Opportunities Fund. Read on to find out whether you should subscribe it or not.

Bharti Airtel today said that they have paid Rs 10,000 crore to the Department of Telecommunications (DoT) towards statutory dues and they plan to pay the balance amount soon after their self-assessment exercise.

As per the data released by Commerce Ministry, the merchandise exports fell by 1.66 per cent to $25.97 billion in January 2020, as compared to $26.41 billion in the same month a year ago. In terms of Rupees, it was down by 0.86 per cent to Rs 1,85,204 crore in January 2020, as compared to Rs 1,86,801.37 crore in January 2019.

Indian global telecommunications company, Bharti Airtel and an innovative global leader in mobile phones, Nokia have join hands to become partners in offering private Long-Term Evolution (LTE)-based industry 4.0 solution to enterprises.

The company had submitted price bid for the contract amount of around Rs 680 crore, for which, discussion on contract-related documents is expected to conclude very soon.

Ashoka Buildcon, India’s one of the leading highway developers, informed that they have received a Letter of Award (LOA) from National Highways Authority of India (NHAI) for a four-laning project.

The range of 12,000-12,250 is a very crucial range and we expect Nifty to trade in this range before taking any directional move. Stocks in news: RITES, Dr Reddy’s Laboratories, Hero Motocorp, Cadila Healthcare, Granules India.

Indian markets may start the fresh week with a negative bias as SGX Nifty is trading with modest losses of 12 points at 12,118 levels. Currently, we believe the market could trade in a range between 12,000 and 12,240 till the time there is a greater clarity on Chinese pandemic.

Dilip Buildcon Limited (DBL) has received a Letter of Acceptance (LoA) from Airports Authority of India (AAI) for an Engineering, Procurement and Construction (EPC) project in Gujarat.

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

Brent Crude and WTI Crude oil prices continue to increase as the investors shift their focus on a possibility of more supply cuts by the oil producers.

Vodafone Idea, Bharti Airtel and Tata Teleservices had previously filed modification applications on the time schedule for making payments of over Rs 1 trillion which the companies owe to Department of Telecommunications (DoT) as Adjusted Gross Revenue (AGR) dues.

Talking about the crucial levels to watch out in the coming week, the zone of 31,440-31,650 on the upside will be a major hurdle for the index. While, on the downside, the zone of 30,810-30,630 will be a crucial support for the index as it is the confluence of 50 per cent Fibonacci retracement level of its prior upward move (29,612.55-31,649.45) and 100-day EMA level.

The stock of Pfizer Limited has formed a shooting star candlestick pattern on the weekly time frame. The shooting star candlestick formation is viewed as a bearish reversal candlestick pattern, which typically occurs at the top of an uptrend.

The result season of December quarter has almost ended. Here is a list of Nifty constituents which are top revenue & Profit after Tax (PAT) earners of this quarter.

The stock of Bhageria Industries Limited has given a downward sloping trendline breakout on the weekly time frame, which is formed by connecting swing highs from November 2016. This breakout was confirmed by above 50-week average volumes. 

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

. On the other hand, indices were dragged by few heavy weights such as IndusInd Bank, M&M, Tata Steel and Coal India, which ended the week down by 9.44 per cent, 8 per cent, 7.8 per cent and 5.5 per cent, respectively.

Adani Enterprises’ three wholly-owned subsidiaries namely, Adani Ahmedabad International Airport Limited, Adani Lucknow International Airport Limited and Adani Mangaluru International Airport Limited have signed a concession agreement today with Airports Authority of India (AAI) for the operations, management and development of Ahmedabad (Gujarat), Lucknow (Uttar Pradesh) and Mangaluru (Karnataka) airports, respectively.

Sensex on Friday opened higher and was trading firmly when Supreme Court ordered the telecom companies to deposit Adjusted Gross Revenue (AGR) dues worth Rs 1.47 lakh crore by March 17, 2020. Post the announcement, there was a sudden fall in the equity markets.

The shares of Vascon Engineers were trading in green on Friday after the company announced that it had received a Letter of Acceptance (LoA) for a work order amounting to Rs 131.53 crore from Mumbai Metro Rail Corporation (MMRC), a joint venture of the Government of India (GOI) and the Government of Maharashtra.

The company in its press release stated that it has received its board’s approval for the expansion plans by way of investment of Rs 700 crore in Polyester Film Line-1 and BOPP Film Line-9.

Price-to-Earnings (PE) ratio is one of the most popular tools used by investors throughout the world for judging whether a stock is over or undervalued at the current market price.

The board of directors of Uflex Limited has proposed brownfield expansion to be undertaken by its step-down subsidiary company-Flex Films Europa Sp. Z.o.o (Poland).

The stocks such as Nagarjuna Fertilisers & Chemicals, Fertilisers & Chemicals Travancore, Zuari Agro, National Fertilisers etc rose by 37.60 per cent, 21.90 per cent, 21.73 per cent and 18.26 per cent, respectively.

Though, easing crude oil prices and foreign fund inflows supported the domestic unit and restricted its fall. Foreign Institutional Investors (FIIs) bought shares worth Rs 1,061.39 crore on Thursday, exchange data showed.

The parameter throws light on the revenue growth in already operational stores for at least 24 months. Strong growth here shows that the company’s growth is due to the currently operational stores as well as the new addition of stores.

The market opened in the green on February 14, 2020, overall volumes in futures & options currently stand at 4.15 crore contracts with a turnover of Rs. 28,46,771.71 crore.

The market opened in the green on February 14, 2020, overall volumes in futures & options currently stand at 4.15 crore contracts with a turnover of Rs. 28,46,771.71 crore.

The market opened in the green on February 14, 2020. The previous trading session witnessed the Sensex going down by 106.11 points to end at 41,459.79 and the Nifty was down by 26.55 points to close at 12,174.65.

The market opened in the green on February 14, 2020. The previous trading session witnessed the Sensex going down by 106.11 points to end at 41,459.79 and the Nifty was down by 26.55 points to close at 12,174.65. 

There can be innumerable reasons for you to sell stocks. However, read on to find the tax and non-tax issues that should prompt you to sell your investments:

Real estate has been one of the most preferred asset classes since the time of our ancestors. However, there are a few things that one needs to consider before investing in real estate.

Wednesday’s high of 12,232 will act as a crucial resistance for the time being. Any close below 50-DMA, 12,126 will be a bearish sign. Watch the zone of 12,126-12,232 for a trending confirmation.

The rally, which began in the last leg of trade yesterday, where Nifty recouped 35 points from lower levels, is likely to continue this morning as indicated by SGX Nifty, which is trading in green with gains of 35 points at 12,186. The first task for the bulls would be to move above 12,200 mark and if Nifty holds above 12,200 mark, we believe that it will try to test 12,272 mark.

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Nothing much has changed over the last one week in the markets in terms of Nifty levels

While investing with a global perspective in mind, one has to realise that the largest market cap firm in one’s own country, may be a small-cap company in the global perspective.

The following stocks will be in focus during Friday’s trading session in the light of their result announcements-Balkrishna Industries, Edelweiss Financial Services, Finolex Cables, Gabriel India and ARSS Infrastructure Projects.

Granules India informed the bourses on Thursday that the company received tentative approval for its Abbreviated New Drug Application (ANDA) from US Food and Drug Administration (USFDA) for Guaifenesin Extended-release tablets, 600 mg and 1,200 mg.

Sunteck Realty Ltd (SRL) announced that the company has received positive response for its ‘Sunteck MaxXWorld’ project located at Naigaon (Maharashtra). As a reaction to this news, the company’s shares increased by nearly two per cent.

PNC Infratech Limited has bagged NHAI project in Uttar Pradesh worth Rs 1,602 crore. The project includes construction of 70-km long four laning of Unnao-Lalganj section of NH 232A in Uttar Pradesh under NHDP IVB to be executed on Hybrid Annuity Model (HAM).

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Bharat Heavy Electricals Limited (BHEL) informed that they have signed a Memorandum of Understanding (MoU) with Joint Stock Company (JSC) Rosoboronexport (Russia) at Fifth India Russia Military Industrial Conference held in Lucknow (Uttar Pradesh). Reacting to this, the stock of BHEL is trading in positive numbers today.

Query Board

Looking at the operational performance on segmental basis, PVC Resin EBIT margin stood at 20.1 per cent vs 16.7 per cent in Q3FY19 and EBIT margin of PVC Pipes & Fittings stood at 7.9 per cent vs 7.4 per cent of Q3FY19.

It is only when the economy reaches a particular growth rate that everybody starts to derive gains out of it. For example, at 5% GDP only 30 per cent of the companies will do well and at 8% GDP probably all the companies will start doing well. It is going to be a slow transition. 

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.

Recently, the promoters have been marginally increasing their stake in the company. As on June 2019 quarter, the promoters’ holding was at 61.28 per cent which increased to 61.36 per cent in December 2019 ending quarter.

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. 

Inflation is a general rise in the price of goods and services over a period of time. Moderate inflation is good for the economy as it helps incentivise the producers of goods to produce and sell more , thereby increasing the goods supply and generates employment. However, high inflation can pose a trouble as it deters consumers from buying.

The shares of Indian Railway Catering and Tourism Corporation (IRCTC) jumped by 12 per cent in the early trading session on Thursday after the company reported a stellar performance for the quarter ended December 2019. This is the second earnings announcement by the company after its listing on Indian bourses since October 2019.

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

When braving extreme cold and snow, people wear layers of clothing, hat or cap,