The Budget Day high of 12,017 is likely to act as an immediate resistance for the index. Moving past this resistance zone is likely to help bulls reclaim its 20-DMA which currently stands at 12,140. On the downside, a support is seen at the opening upside gap area (11,783-11,750). Stocks in news: Reliance Industries, Cadila Healthcare, Teamlease Services, BEML, Sun Pharmaceutical.

With the gains posted in the last two trading sessions, markets returned to almost pre-Budget level, helped by buying across the board as nerves calmed down after the knee-jerk reaction of the Budget announcements.

Bajaj Electrical reported its third quarter result for the fiscal year 2019-2020 today, in which its operations revenue dipped by nearly 41 per cent YoY to Rs 1,281.5 crore in Q3FY20. The consumer durable segment reported nearly 13 per cent YoY increase in revenue.

The total saleable area of the project shall be 1, 88,244 sq ft and expected sale proceeds should be around Rs 48.94 crore. The said project will be completed on or before December 31, 2026.

The following stocks will be in focus during Wednesday’s trading session in the light of their result announcements: Ajanta Pharma, Apollo Tyres, Berger Paints and V-Mart Retail.

Jindal Steel and Power Limited (JSPL) announced on Tuesday that following an order from Supreme Court, it had started the transportation of its already-processed and royalty paid iron-ore from its supplier’s mines in Keonjhar (Odisha).

The stock of Godfrey Phillips India Limited has formed a morning doji star candlestick pattern on the daily time frame. The morning doji star is a reversal candlestick pattern, which is bullish and appears at the end of a downtrend.

Erasing the loss caused on the Budget day, Sensex today surged above 917 points and closed at 40,789.38 levels, up by 2.30 per cent while, Nifty ended the trading session at 11,979.65 levels, up by 2.32 per cent.

This project will be executed in Joint Venture (JV) with Power China. As per the project classification of L&T, the major order would fall under the order value between Rs 5,000 crore to Rs 7,000 crore.  

TCS has expanded its long-standing partnership with Walgreens Boots Alliance (WBA) to advance its transformation in global IT functions by launching a new operating model for IT Run and Operational services.

Fund manager remaining at the helm of the fund is crucial for its performance. How should you judge his performance?

The new income tax regime as an option have further confused the tax payers whether to stay in the old tax regime or switch to the new one. Read more to find out which one to opt.

The market opened in the green on February 4, 2020. The previous trading session witnessed the Sensex going up by 136.78 points to end at 39,872.31 and the Nifty was up by 46.05 points to close at 11707.90. 

In Rajasthan, the company has successfully commissioned one Million Tonne Per Annum (MTPA) grey cement grinding capacity. Whereas in UP, the company has commissioned 1.5 MTPA grey cement grinding capacity at Aligarh.

The market opened in the green on February 4, 2020. The previous trading session witnessed the Sensex going up by 136.78 points to end at 39,872.31 and the Nifty was up by 46.05 points to close at 11707.90. 

GMR Hyderabad International Airport Limited (GHIAL), a subsidiary of GMR Infrastructure, announced after the trading hours on Monday that it had signed a concession agreement to commission, operationalise and maintain the civilian enclave at Bidar Airport in North Karnataka.

The market opened in the green on February 4, 2020, overall volumes in futures & options currently stand at 1.86 crore contracts with a turnover of Rs. 13,32,559.94 crore.

The market opened in the green on February 4, 2020, overall volumes in futures & options currently stand at 1.86 crore contracts with a turnover of Rs. 13,32,559.94 crore.

The shares of Info Edge, India’s premier online classifieds company for recruitment, gained more than eight per cent on Monday after the company informed that it has acquired stakes in Qyuki Digital Media.

The stock of Asahi India Glass Limited (AIS) has given pennant pattern breakout on the daily time frame. Additionally, the stock formed a sizeable bullish candle on the breakout day, which adds further strength to the breakout.

The zone of 11,560-11,655 is a key support area and on the upside, the level of 11,800 is a key hurdle. Nifty is likely to trade in this range unless and until, we see any catastrophe event. Stocks in news: SRF, JK Cement, V-Mart Retail, M&M Financial Services, Thyrocare, GMR Infrastructure, TCS.

SGX Nifty is indicating a positive start of the day and what’s helping the cause are positive global cues and a steep fall in crude oil prices. Currently, SGX Nifty is trading up by 15 points at 11,722 level. However, we will advise the readers to be cautious and not jump or start buying.

Larsen & Toubro (L&T) and arms manufacturer company-MBDA, through their joint venture-L&T MBDA Missile Systems Limited (LTMMSL) has set up a missile integration facility.

The share price of Shilpa Medicare gained around six per cent today, after the company received an approval from US Food and Drug Administration (USFDA) for Pirfenidone tablets, which is used to treat idiopathic pulmonary fibrosis.

Ahluwalia Contracts informed the bourses that it has secured an order worth Rs 1,254 crore from Central Public Works Department (CPWD), Jammu (J&K)

The market opened in the red on February 3, 2020. The previous trading session witnessed the Sensex going down by 987.96 points to end at 39,735.53 and the Nifty was down by 300.25 points to close at 11661.85. 

PAT for the quarter jumped nearly 29 per cent YoY Rs 4,142 crore. This was due to a lower effective tax rate in Q3FY20.

The market opened in the red on February 3, 2020. The previous trading session witnessed the Sensex going down by 987.96 points to end at 39,735.53 and the Nifty was down by 300.25 points to close at 11661.85. 

The market opened in the red on February 3, 2020. The previous trading session witnessed the Sensex going down by 987.96 points to end at 39,735.53 and the Nifty was down by 300.25 points to close at 11661.85.

Zydus Cadila has received an approval from Drug Controller General of India (DGIA) for the use of Saroglitazar Magnesium in the treatment of type 2 Diabetes Mellitus as an additional therapy with Metformin.

With the recent Budget announcements, Finance Minister Nirmala Sitharaman abolished the Dividend Distribution Tax (DDT). So, let’s find out whether abolishing DDT would benefit dividend yield funds or not!

For many mutual fund investors, the announcement of 10 per cent tax on their mutual fund income above Rs 5,000 has come as a rude shock.

Nagarjuna Construction Company (NCC) Limited announced that the company has received three new orders totaling to Rs 530 crore, which is exclusive of GST in the month of January 2020.

The market opened in the red on February 3, 2020. The previous trading session witnessed the Sensex going down by 987.96 points to end at 39,735.53 and the Nifty was down by 300.25 points to close at 11661.85. 

Infosys Innovation Fund, the startup fund of Infosys Ltd with US$ 500-million, has offloaded its stake in Denmark-based Artificial Intelligence (AI) firm UNSILO, at less than half the price it had invested.

Centrum Housing Finance Limited (CHFL), which is part of Centrum Group, has signed an agreement to raise Rs 190 crore of equity funds from a fund managed by Morgan Stanley Private Equity Asia.

The 200-DMA would decide the fate of the markets in the coming sessions. Watch out for 200-DMA as an important support for the index! Stocks in news: Coal India, MOIL, Info Edge.

It was a massacre on D-Street as the capital markets and investors were disappointed by the Budget 2020. Barring IT, all the sectoral indices ended with deep cuts. Over the weekend, the market participants must have gone through the fine print of the Budget 2020 and it would be important how the market participants react on Monday.

The rise in revenue is what has troubled the companies. It was evident from the Streets’ reaction that the expectations were different from what has been delivered.

Union Budget 2020-2021 has given a major boost to the power and natural gas sector. 

As part of the Budget 2020 announcement, Finance Minister Nirmala Sitharaman, announced that the government will be divesting its stakes held in IDBI Bank. The stock of IDBI bank jumped by massive 10 per cent post this news.

As per the expectations of the market, the tax slabs have been changed for FY2020-2021. Finance Minister in the Budget has announced a new tax regime for the tax payers. The tax proposals would bring an ease of compliance and reduced litigation.

The banking benchmark index, Bank Nifty slipped below its 200-DMA for the first time since October 17, 2019 after Union Budget speech. The price action formed a sizable bearish candle carrying lower high and lower low, in comparison to its prior bar.

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

With this boost given to fishery sector, the rural income would get enhanced. Also, India exports fish to almost 75 countries, which accounts to nearly 10 per cent of the total export. Hence, this budget announcement would further open new opportunities for the companies engaged in the fishery business.

Sensex was opened today, despite being Saturday, as Union Budget was tabled but it seemed that the Sensex is not impressed by the Budget, since it slashed more than 987 points and ended at 39,735.53 levels, down by 2.43 per cent while, Nifty closed at 11,661.85 levels, down by 2.51 per cent.

In the Budget speech 2020, the Finance Minister mentions of disinvestment in Life Insurance Corporation (LIC) through IPO.
LIC is an Indian state-owned insurance group and the investment corporation, owned by Government of India

The Budget 2020 has proposed a new personal tax regime with new income tax slabs. Read on to find out more.

The abolition of dividend distribution tax will encourage companies to increase their dividend. Read on to find how will it impact retail investors and list of companies that have consistently increased their dividend percentage.

The Finance Minister also threw light on higher agricultural credit. The target is to take total agriculture to Rs 15 lakh crore in FY21 from Rs 12 lakh crore in FY20.

Looking at the proposed expansion of hospitals, the government is focussing majorly on the expansion on tier 2 and tier 3 cities as well as planning to set more hospitals under ‘Ayushman Bharat’ scheme.

Friday’s session was almost a repeat of Thursday’s session, where Nifty opened the session on a strong note only to witness the selling pressure at higher levels and closing the day near the low. Nifty closed below 12,000 mark, down by 0.61 per cent.

As the government decided to stick to its traditions of presenting the Union Budget on February 1, despite being a Saturday, the D-Street which follows a 5-day week calendar too have decided to remain open and why not! After all, Union Budget is a mega event for the financial markets in India.

The Economic Survey 2019-2020, has thrown some light on the job creation opportunities in India. As per the survey, India has an extraordinary opportunity for exports of labour intensive sectors.

The Economic Survey 2019-2020, presented by Finance Minister Nirmala Sitharaman, mentioned India’s aspiration of becoming a US$5 trillion economy depending critically upon on two factors:

• Promoting ‘pro-business’ policy that unleashes the power of competitive markets to generate wealth.

Indian global telecommunications company, Bharti Airtel today said that it has been removed from the denied entry list of Directorate General of Foreign Trade (DGFT).

Investments in diverse asset class with a low co-relation of returns help investors in getting a smooth investing experience.

Budgeting is the first step towards wealth creation. Hence, it is important to start maintaining a budget. In this article, you will come across steps to build your budget.

On Friday, Shashijit Infraprojects informed the bourses that it has received an order to the tune of Rs 100 lakh to Rs 150 lakh from Siddhi Constructions for the construction of public utility services at its Surat site.

HDFC Asset Management Company (AMC) picked up by our Bollinger band squeeze scanner suggests that the stock is near a consolidation breakout.

Cords Cable Industries announced on Friday that it had been awarded an order for around Rs 22 crore from an Indian arm of a Taiwan-based Engineering, Procurement and Construction (EPC) services major.

The market opened in the green on January 31, 2020, overall volumes in futures & options currently stand at 4.56 crore contracts with a turnover of Rs. 31,20,410.61 crore.

In the third quarter of FY20, Bharat Electronics Ltd (BEL) reported disappointing numbers across the board. Its revenue from operations dipped nearly 18 per cent YoY to Rs 2,179 crore in Q3FY20

The market opened in the green on January 31, 2020, overall volumes in futures & options currently stand at 4.56 crore contracts with a turnover of Rs. 31,20,410.61 crore.

The market opened in the green on January 31, 2020. The previous day witnessed the Sensex going down by 284.84 points to end at 40,913.82 and the Nifty was down by 93.70 points to close at 12,035.80.

The market opened in the green on January 31, 2020. The previous day witnessed the Sensex going down by 284.84 points to end at 40,913.82 and the Nifty was down by 93.70 points to close at 12,035.80.

TVS Motor, a multinational motorcycle company in India, launched the next generation of its motorcycle-TVS Apache RR310 BS-VI 2020, on Thursday, priced at Rs 2.4 lakh (ex-showroom Delhi).

The meaningful support is placed at 11,929. On the positive side, if it is only above 12,270 then, we can hope for the bullish trend to continue further. Stocks in news: Kotak Mahindra Bank, Majesco, PNC Infratech, TVS Motor, NOCIL.

In the early trend, SGX Nifty is trading in green as global cues turned cheerful. SGX Nifty is pointing at a positive start and Nifty is expected to open around 12,082 levels, up by 43 points.

Technical Portfolio Guide

Sentiment Indicators

Gold prices in the fourth quarter of 2019 in US Dollar terms were the highest average price since the first quarter of 2013. Nevertheless, in various other currencies, it hit the highest level in history.

WHAT LIES AHEAD : NEAR-TERM PICTURE

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Fundamental Analysis

Street Talk

Dabur India reported its third quarter result of FY20 today. During a challenging market environment, the company delivered a healthy performance. Its consolidated revenue for the quarter grew by seven per cent YoY to Rs 2,353 crore.

Voltbek Home Appliances, a joint venture of Voltas and Arcelik, a consumer durables player in Europe, announced on Thursday about the opening of its first manufacturing facility in India. Situated in Sanand (Gujarat), the site factory will manufacture home appliances which will include refrigerators and washing machines, thus creating an Original Equipment Manufacturer (OEM) base for home appliances in the region.

There are various portfolio strategies available, out of which, 60:40 portfolio strategy is the most popular one. Let’s find out how this portfolio strategy works!

Sensex slipped more than 280 points at the end of Thursday’s session, after closing in green, that is, above 200 points on Wednesday. Sensex closed at 40,913.82 levels, down by 0.69 per cent while, Nifty managed to close at 12,035.80 levels, down by 0.77 per cent.

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. 

When you invest your hardearned money, carry out a reality check and do not get moved by perception.

It is heartening to see equities gradually finding its rightful place in

Databank of top-ranked equity funds based on DSIJ's proprietary research methodology.

The start of year 2020 has not come with great news for bond fund investors in India. After the apex court of India dismissed a review petition on AGR dues filed by Vodafone Idea and Bharti Airtel,

Axis Bank, the third-largest private sector bank in India, informed on Thursday that they are planning to raise up to Rs 4,175 crore by issuing Non-Convertible Debentures (NCDs) on a private-placement basis.

This is a super house of financial data on 3500 corporates with up to date information. In the Magazine version the top 1100 -1400 companies are covered while the data on the entire 3500 companies is available in excel format for subscribers to download.

All of us have responsibilities. There is always something that needs to be done.

The market opened in the green on January 30, 2020, overall volumes in futures & options currently stand at 2.42 crore contracts with a turnover of Rs. 17,36,105.08 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

In this edition, we have reviewed Shriram Transport Finance Company and ITC.

Investing in a mutual fund is not an ad hoc process. It requires a disciplined approach that will help you choose the right portfolio strategy in order to achieve your financial goals, some of which may be your ‘needs’ and some would be ‘wants’. In this article, we highlight the various strategies and zero down on the core and satellite portfolio strategy that is best suited for most of us. 

When we refer websites and compare the current performance of Mutual Funds (MFs),

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

Since ages, professionals have been trying hard to quantify and predict human behaviour about why they buy or sell their investments. However, not much success has been achieved. The subject is too complex to fit into a mathematical equation.

National Stock Exchange of India Ltd (NSE) has emerged as the world's largest derivatives exchange in 2019 by number of contracts traded surpassing the CME Group, based on the statistics published by Futures Industry Association (FIA) which is a derivatives trade body.