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,

In this edition, we have reviewed Aditya Birla Capital and Torrent Power. We suggest our reader-investors to HOLD in Aditya Birla Capital and Torrent Power.

Before you quickly decide to get rid off your debt – in this case a home loan – consider carefully the mathematics involved to find out if it would be better to invest in a mutual fund alongside paying the equated monthly instalments 

Undoubtedly, ULIP figures heavily in the minds of investors seeking an option for tax saving because the scheme also offers life insurance cover. However, does this attraction compensate for the other benefits offered by ELSS? Read on to know how the two fare against each other 

I really loved the way you have explained various portfolio strategies in your cover story

As a media house, we keep receiving complaints from investors about fund houses not having announced dividend on their mutual fund schemes, and help them out.

Backed by a strong research and development centre and various initiatives aimed to assist farmers in increasing their agricultural produce, Rallis India Limited is well-poised to maintain its strong market presence 

The Union Budget FY 2020-21 seems to be significantly moderated, given the prevailing extraordinary economic circumstances in India. Consequently, the revenue receipts are expected to grow at just over 9 per cent as compared to 19.2 per cent recorded the previous year.

The market opened in the green on February 13, 2020, overall volumes in futures & options currently stand at 1.79 crore contracts with a turnover of Rs. 13,02,740.38 crore.

The order book remained solid with 3.1x TTM revenue while, the total outstanding order book increased by 15 per cent YoY and stood at Rs 6,682 crore as on September 30, 2019. The company expects an order inflow of Rs 1,500 crore in the remaining quarters of FY20, mainly from irrigation and highways.

Debt is a perfect example of the proverbial two-edged sword. The clever use of leverage can boost the returns a company generates for its shareholders to a large extent; however, it is difficult to carry a large amount of debt successfully in a tough economic condition.

The earnings season is always crucial as it sets the tone for the market direction. Yogesh Supekar summarises the earnings seasons while the DSIJ Research Team share their observations on sectoral earnings.

The market opened in the green on February 13, 2020, overall volumes in futures & options currently stand at 1.79 crore contracts with a turnover of Rs. 13,02,740.38 crore.

Last week’s bounce in the market after a violent fall came with an element of surprise. Traditionally, a sharp decline or surge in the market generally leads to consolidation for a period before any further decisive movement. This time the V-shaped recovery came without a bottom formation.

This section gives you some of the momentum stocks which are in buzz for past few days and are expected to give quick returns in a 15-day horizon.

The market opened in the green on February 13, 2020. The previous trading session witnessed the Sensex going up by 349.76 points to end at 41,565.90 and the Nifty was up by 93.30 points to close at 12,201.20. 

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.

The market opened in the green on February 13, 2020. The previous trading session witnessed the Sensex going up by 349.76 points to end at 41,565.90 and the Nifty was up by 93.30 points to close at 12,201.20. 

The impact of corona virus has been felt across the world with most indices getting weakened by the crisis even though the US remained an exception. 

In the cover story about investing in small and mid-cap stock

Titan has acquired smart devices manufacturer-Hug Innovations Corp. to focus on the fast-growing wearable market.

Its standalone revenue for the quarter came in at Rs 206.88 crore as against Rs 153.23 crore in the corresponding quarter last year, registering 35 per cent YoY increase.

The markets are holding strong in spite of a tepid budget and no significant improvement on the ground as far as the economy is concerned. In addition to this, we still have the corona virus – now called Covid 19 – as a strong deterrent to growth.

A follow through move is required to instill more confidence in the recent breakout. As long as Nifty trades above 12,160-12,175 region, it would be a buy on the dips market. Stocks in news: General Insurance Corporation of India, PNC Infratech, BHEL, Aurobindo Pharma, Yes Bank, Welspun Corp, Rico Auto.

After witnessing gains for two consecutive sessions, the bulls might be pushed on back foot and Indian markets may open on a soft note as the coronavirus fear is likely to re-emerge. Along with this, the weak macro data, which was released yesterday post market, could take its toll.

The following stocks will be in focus during Thursday's trading session in the light of their result announcements-Allcargo Logistics, Apollo Hospitals, Atul Auto, BPCL and Century Plyboards.

Dr Reddy and Wockhardt informed the bourses today that they have entered into a definitive agreement in which Dr Reddy would acquire select divisions of Wockhardt branded generics business in India and a few other international territories of Nepal, Sri Lanka, Bhutan and Maldives

Sensex gained and closed above 200 points for the second consecutive day this week. On Wednesday, Sensex crossed more than 349 points to close at 41,565.90 levels, up by 0.85 per cent. While, Nifty closed at 12,201.20 levels, up by 0.77 per cent.

The shares of Arman Financial Services Limited (AFSL) were trading close to their 52-week high on Wednesday when the company reported impressive results for the quarter ended December 2019.

Many of you get advises on diversification of your investment. Here, read on to find the number of funds you need to have in your portfolio:

Portfolio Management Services (PMS) is something that is different from mutual funds. So, in this article, let’s know more about PMS.

In the third quarter of the fiscal year 2019-20, City Union Bank reported four per cent QoQ rise in Net Interest Income (NII) to Rs 427.3 crore.

ABB India announced that it has bagged two significant orders, one to supply traction equipment for Chittaranjan Locomotive Works (CLW), the manufacturing unit of the Indian Railways and another to supply industrial drives to Megha Engineering and Infrastructures Limited (MEIL) in their oil drilling segment. The said orders are worth Rs 123 crore and Rs 68 crore, respectively.