Index investing is the most simple way of taking exposure to equity markets, often referred to as passive investing. When you invest in stocks forming an Index assigning funds in stocks on the basis of the weightage they carry in the underlying index, then your investment will mimic the returns of the index.

Essel Group, the Subhash Chandra led promoter group of Zee Entertainment Enterprises, is about to lose the management control of the company as it plans to sell its 16.5 stake in ZEEL to financial investors.

PSU stocks have now been showing signs of outperformance after several years of lacklustre performance with some exceptions. Yogesh Supekar explores the prsent trend and developments in the space. The DSIJ Research Team recommends its top picks in the PSU space.

The Nifty has been trading in a 200-point range in the past 14 sessions. It was at least 6 times in the last 14 days, that the index attempted to overcome the 12,000 mark on a closing basis; it managed to do so on 7th November but with a bearish formation on the charts. The Nifty did sustain above the 11,800 mark during the period but posted bearish or indecisive formations.

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.

The Cabinet approved key changes to the Toll Operate and Transfer (TOT) framework, in order to make monetization of road assets more investor friendly.

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. 

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

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.

The bellwether Indian equity indices, Sensex and Nifty, closed the fortnight marginally in the negative, posting losses of 0.04 per cent and 0.22 per cent respectively. The gains added earlier on the back of a favorable set of corporate numbers and hopes of a trade deal between the US and China got rolled back later with a rise in CPI inflation to 4.62 per cent for the month of October 2019 being among the reasons to instill bearishness in the market.

Letter to Editor

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. 

OnMobile has made an announcement about entering a partnership agreement with Gionee, owned by the Jaina Group. This partnership is aimed at launching a contest platform in a bid to to provide an intuitive and rewarding experience for the users of Gionee.

The Bottom Is Behind Us

Following stocks are close to their 52-week High as at 9.56 a.m. On 21 november

The equity markets saw a good recovery in the month of October and early November. However, many investors booked profits on their investments, thereby resulting in a decline in net inflows in equity dedicated mutual funds. For the month of October 2019,

Oil India Limited (OIL) has commenced exploration activities, including seismic survey data acquisition in its Rajasthan’s Siyasar block, RJ-ONHP-2017/9. The block falls under Bikaner and Ganganagar districts of Rajasthan.

Imagine you have to save Rs.50 lakh for your child's higher education expenses within 20 years. Your child is exceptionally talented and you want to give her/him the best education possible. You know equities/stocks are potentially the best asset class

Everyone wishes to lead a financially independent life. There are, however, four financial needs, which becomes utmost important to achieve financial freedom. DSIJ explains what those four needs in life are and how to achieve them. 

The integrated global Pharmaceutical and Life Sciences company announced on Wednesday that the Ministry of Commerce (MOFCOM), China, has decided to terminate the 17.6 per cent anti-dumping duty on imported pyridine, originating in India. Jubilant Life Sciences is a top manufacturer of Pyridine and its 14 derivatives.

The Great Indian Shipping Company Limited (GE Shipping) has contracted to sell 'Jag Lakshita', its 2000 built Suezmax Crude Carrier of about 1,47,092 dwt. The vessel will be delivered to the new buyer in Q3FY20.

Following stocks are close to their 52-week low as at 9.56 a.m. On 21 November 

Judging by the early action at SGX Nifty, it seems the markets are likely to witness a shaky start, with the increasing uncertainty over the Sino-American trade deal. At the time of writing this, the SGX Nifty was down by 12 points at 11,999 levels.

In a nutshell, since the Nifty has not achieved a clear and decisive breakout with strength, we reiterative that traders should play out this range of 11,800-12,040 unless a firm and confirmed directional bias is established. Stocks in news: Jubilant Life Sciences, Oil India, DHFL, GAIL, Tata Motors, Dilip Buildcon, ZEEL.

Extending their gaining streak for a second straight session, the Indian equity benchmarks ended Wednesday’s trade on an optimistic note, despite Asian peers ending mostly lower amid the uncertainty over the US-China trade deal.

Everyone might have heard about financial planning for child’s marriage. However, there are things that the couples themselves need to consider before tying knot. What are they? Let’s find out.

A policy portfolio is a target mix of different asset classes. It is used to set a fixed asset-allocation mix as a part of the investment policy.

Agro Phos India Limited has entered a Memorandum of Understanding (MOU) with Som Distilleries Private Limited for long term supply of Spent wash ash.

The Yes Bank stock has been one of the major wealth destroyer over the last one year period. The decline in the stock price was triggered when RBI questioned the lenders NPA disclosure and provisioning.

NBCC India Limited has been entrusted by the Ministry of Environment, Forest and Climate, Government of India, to provide principle project consultancy and executing agency for the development of the National Museum of Natural History at Bhairon Marg, New Delhi.

The markets across the Asia are weak today, and this global weakness is sure to spill on to the Indian shores as well. The SGX Nifty, which is currently trading almost 9 points below its yesterday's close, is already reflecting it. The FPIs were net sellers to the tune of Rs. 915 crores in the last trading session.

The Nifty may continue to trade in this broad range of 11,800-12,034. However, traders are recommended to mark levels of 11,800 and 12,034 on their charts as, once these levels are decisively penetrated, it would be time to get into the action. Stocks in news: NBCC, Birla Corporation, Bank of Baroda, IRCTC, Wipro, Yes Bank.

The stock of Canara Bank has given a breakout of Inverted Head and Shoulders pattern on the daily timeframe. This breakout was confirmed by the more than 50-day average volumes.

IDBI Bank informed the exchanges on Tuesday about the divestment in its asset management arm, namely, IDBI Bank Asset Management Ltd. (IAML) and IDBI MF Trustee Company Ltd. (IMTL). Reacting to the news, the stock of the company rose by 3.04 per cent.

Dilip Buildcon informed the exchanges about receiving an order of Rs. 2,122.74 crores from Northem Coalfields Limited (NCL), which is a subsidiary of Coal India Limited. Reacting to the news, the stock of the company increased by 3 per cent during Tuesday trading session.

On Monday, Tata Steel submitted its transformation programme in Europe in the bourses. In this programme, the company has defined its revival plan for the European business amid a challenging time it has been facing.

Retirement planning is one of the most important aspects in financial planning and should be given a due consideration. So, while planning for your retirement, here are a few things that you should check.

Looking at the share price return of the stocks of the Aviation industry during the last one month, that is, from October 18 to November 18, Jet Airways has delivered a return of 43.22 per cent, whereas, Interglobe Aviation and Spicejet has delivered a negative return of 15.62 per cent and 11.30 per cent, respectively.

Vista Equity Partners, a leading investment firm focused on enterprise software, data, and technology-enabled businesses, has acquired Accelya, a major global provider of financial, commercial, and analytics solutions to the airline and travel industry.

The two key levels to watch out are 11,800 and 12,050; penetration with strength on either side would open gates for a trending move. Stocks in news: Vodafone Idea, Tata Steel, TCS, Maruti Suzuki, Zee Entertainment Enterprises.

The market outlook suggests a weaker start for the day. The main impact on investors’ sentiments in today’s session would be of fading hopes over prospects for a phase one trade deal between Washington D.C. and Beijing. FPIs extended their selling streak for the third straight day on Monday as they sold shares worth Rs. 270.66 crores in yesterday’s trade. At the time of writing, the SGX Nifty was trading down by 29 points at 11,894 levels.

Bharat Petroleum Corporation Limited (BPCL) has been picked up by our Bollinger Band Squeeze scanner, which suggests that the stock is near a consolidation breakout.

Every coin has a flip side and mutual funds are no different in that sense. Fund managers not just buy stocks, selling those is also a part of their jobs. Hence, it is equally important to know what they are selling.

The company has signed a pact with Lithium Urban Technologies, a commercial EV fleet provider, to address mobility solutions across the passenger, mass transit, and the freight segments.

The BHEL informed that it has commissioned two more pumping units, each at Package-6 (7x116 MW) and Package-8 (7x139 MW) of Kaleshwaram Lift Irrigation Scheme (LIS). 

The Nashik-based highway developer, Ashoka Buildcon Limited's subsidiary has emerged as the L1 bidder for a road construction project in Telangana.

Under this, the company is planning to expand a 96,000 TPA ferro chrome and 10 MW waste heat recovery boiler at Kalinga Nagar, Jajpur, Odisha. It has planned a capex of Rs. 547.19 crores for the above mentioned expansion project and the same has been approved by the state government as well.

The same press release also had a statement, informing that the company has been appointed as a selling agent for the disposal of movable or immovable items, all surplus scrap materials and secondary arising scraps (ferrous and non-ferrous), equipment, plants, and machinery. 

The company has submitted its revised bid to acquire the bankruptcy-bound Jaypee Infratech, by offering lenders 1,426 acres of land instead of previously promised 950 acres. 

After a ferocious Friday, the markets witnessed selling pressure in the last hour of trade, resulting in the markets to close on a flat note. On Friday, FPIs pushed the sell button for the second straight day in a row for the first time this month as they were the net sellers to the tune of Rs. 1,008 crores and combined selling for the last two days stand at Rs. 1,570 crores.

The levels of 11,980 and 12,050 are expected to play out as a stiff resistance while support is expected at the 11,800 mark. As long as this support level is held, we will continue to see the markets trading in the range of 11,800-12,050. Stocks in news: HIL, HCL Infosystems, Unichem Laboratories, Asian Oilfield Services, Cadila Healthcare.

Everyone is eager to know which were those mutual funds, managers preferred to trade in October 2019. People are especially keen to know about the ones that were bought. Let’s take a look on the stocks that attracted fund managers the most in Oct 2019.

Capacit'e Infraprojects announced its financial results for the quarter and the half-year ended September 2019. The company gained a net profit of Rs. 39.8 crores in Q2FY20, which is an increase of 72.8 per cent from the net profit of Rs. 23 crores, gained in Q2FY19.

Among the various steps that you are required to follow for proper financial planning, an important one is to know your net worth. Learn how to calculate your net worth.

Some pessimism also spread among investors, with SBI research’s report showing that surplus rainfall in August and September is likely to keep food and vegetable prices elevated in the near future and the retail inflation may average at around 4 per cent in FY20.

The stock of Apollo Tyres Limited has formed a Morning Doji Star candlestick pattern on the daily timeframe. The morning Doji Star is a reversal candlestick pattern, which is bullish and appears at the end of a downtrend.

Considering the daily timeframe, the stock of Tata Motors Limited is trading in a Bullish Flag pattern since the last 12 trading sessions, with a receding volume. The flag pattern is a short-term trend continuation pattern that marks a small consolidation before the previous move resumes.

The company submitted a press release on stock exchanges, which said that it has signed a Memorandum of Understanding (MoU) with the Government of Andhra Pradesh (AP). 

Our Bollinger Band Squeeze scanner has picked up Escorts Limited, suggesting that the stock is near a consolidation breakout.

The company, in its stock exchange filing, said that the facility is part of Special Economic Zone (SEZ) and is intended to cater primarily to the US and other international markets. 

On the weekly expiry day, the Nifty witnessed a handsome recovery from the lows of about 11,800 mark and closed in the positive terrain with a negative advance-decline ratio. Although it closed in the positive, it formed a lower high and lower low. The early indications from SGX Nifty suggest that the markets are likely to extend the gains of the previous session and the bias is anticipated to be on the positive.

For the benchmark index, the make or break of levels would be 11,800 and a fresh wave of momentum would only be seen if it crosses 11,980 levels on a closing basis. Stocks in news: Cipla, NBCC, IRCTC, Natco Pharma, SBI, CESC, MOIL.

Your Technical Portfolio Guide

Review on 1 stocks recommended in past.

Sentiment Indicators.

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

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

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

The popularity of the mutual fund as an investment vehicle has increased in last few yeasrs. Read on to find how are they stacked up.

Many of the ETFs are thinly-traded and have lower assets under management (AUM). This sends a signal to investors that the liquidity in the ETF is not sufficient to trade. Read on to find if this is true.

It’s a good thing that you decided to seek help from an expert financial planner. However, financial planner is not a magician so how you approach him is very important. Here are few tips to help you in approaching your financial planner the right way.

Ahluwalia Contracts (India) Limited has secured new orders, aggregating to Rs. 536.66 crores for the construction of an hospital and commercial projects, including electrical, plumbing, and firefighting services.

Insecticides India announced its financial results for the quarter and half year ended September 2019. The company’s revenue from operations increased by 9.8 per cent Y-o-Y to Rs. 503 crores in Q2FY20.

This is the third straight month of rise in CPI. The earlier high was reported in June 2018 when the retail inflation print was recorded at 4.92 per cent. The inflation in the food basket spiked to 7.89 per cent in October 2019 against 5.11 per cent the previous month, mostly due to the surge in vegetable prices.

As per this estimate, Bharti Airtel Group has a liability of Rs. 62,187 crores, Vodafone Idea’s liability stood at Rs. 54,184 crores, and the liability of BSNL and MTNL’s is of Rs. 10,675 crores.

Vedanta Limited participated in the bidding round for the Jamkhani coal block in Sundargarh district, Odisha,and emerged as the highest bidder in the 10th tranche of the captive coal block auction conducted by the Ministry of Coal, Government of India. The coal block is in the proximity to the company’s Jharsuguda aluminium smelter.

This morning, the biggest headlines is that the retail inflation jumped 4.62 per cent in October, breaching the RBI target of 4 per cent for the first time in 14 months on higher food prices. This latest retail inflation data may not go down well with market participants as it reduces the headroom for a rate cut by the RBI at its monetary policy meet due in December.

The level of 11,800 would hold the key as a sustainable move below this level the doors for correction would open up towards the zone of 11,670-11,700. Stocks in news: Vedanta, Aurobindo Pharma, Greaves Cotton, ITC.

The following stocks will be in focus during Thursday’s trading session in light of their results announcements: Action Construction Equipment, Balkrishna Industries, Apollo Hospital Enterprises, Bharti Airtel and CESC.

A part of the RPG Group, KEC International Limited, has bagged new orders worth Rs. 2,255 crores across various businesses. Its transmission and distribution segment has secured orders worth Rs. 885 crores for T&D projects, urban transport segment received orders worth Rs. 853 crores, and railways segment gained orders of Rs. 517 crores.

During the quarter in review, the overall production has increased by 25 per cent Y-o-Y, thanks to higher capacity utilization at existing plants and additional capacities installation at new facilities in Ghana and Tanzania.

Thanks to critical global conditions, gold showed a good rally a few months back. However, it seems to be consolidating at present. Is gold losing its shine? Let’s find out.

Trident Limited has been granted the patent for ‘Apparatus and Method for treating an industrial Effluent containing Sodium Sulphate’ by Indian Patent Office, the Government of India.

Today, the activity on the D-Street would resume after a day’s holiday and the early indication from the SGX Nifty suggests that the markets are in for a weak start. There are not one, but multiple factors, which are dampening the sentiments of D-Street.

The bias remains positive as long as the Nifty holds above 11,800 mark and traders should adopt buy on dips strategy. The index is likely to consolidate in the range of 11,800-12,050. Stocks in news: Lupin, Tata Power, Wipro, Escorts, Avanti Feeds, Indian Hotels.

The innerwear business progressed on its aggressive growth trajectory, with continued launch of newer categories and styles, along with the expansion of its distribution network, which stood at ~18,000 outlets at the end of this quarter.

The stock of Avanti Feeds Limited has formed a Bearish Engulfing candlestick pattern on the daily timeframe.

The stock of AU Small Finance Bank Limited has given a downward sloping trendline breakout on the daily timeframe, formed by connecting swing highs from August 2018. This breakout is supported by strong volumes.

The recent data from the industry body, AMFI shows that mutual fund investors have increased their holding period. Read on to know the exact details. 

The Sensex and the Nifty closed today's session at 40345.08 and 11912.95 levels, closing flat or adding 0.05% each, over their previous closing.

The United States Food & Drug Administration (USFDA) has given its final approval to Glenmark Pharmaceuticals Inc., USA (Glenmark), for Adapalene and Benzoyl Peroxide Gel, 0.1%|2.5%.

Jaguar Land Rover (JLR) reported a 5.5 per cent YoY fall in its retail sales for October. On the contrary, the company reported a sales recovery in China, up by 16.2 per cent YoY, which was reflected an upward stock movement of Tata Motors.

Larsen & Toubro (L&T) Construction has been awarded various contracts from many prestigious clients spread across the country.

The following companies will be in focus on announcement of their Q2FY20 on Tuesday: Aditya Birla Fashion, Aurobindo Pharma, Cochin Shipyard, Godrej Industries and Natco Pharma.

To err is human. We are humans and, hence, bound to make mistakes. However, we also need to learn from those mistakes to avoid further losses. Even in financial planning, people tend to make silly mistakes. Let’s discuss a few financial mistakes that are common and how to avoid them.