The board of Greaves Cotton Limited on Thursday approves buyback of 1.30 crore equity shares of Rs. 2 each.

The Indian benchmarks continued the weak streak on closing basis with fifth consecutive red closing on Friday. For the week, Sensex closed down by 2.57 per cent, while the Nifty index was down by 2.61 per cent.

Mahanagar Gas has reduced prices for the compressed natural gas (CNG) and domestic piped natural gas (PNG). The shares gained over 1.5 per cent intraday.

The immediate task for the bulls is to cross the level of 11,400 and sustain above these levels. In case of failure to move beyond the 11,400 mark, the bulls will once again hope that the 200-DMA will come to their rescue. Stocks in news: HDFC, Engineers India, Dhampur Sugar Mills, Hindalco Industries, New India Assurance Company, Indian Hotels.

The SGX Nifty is trading higher by 24 points at the 11,383 levels.

Tejas Networks on Thursday informed that Consilium EM Small Cap Fund LP together with Consilium Extended Opportunities Fund LP and Legato Capital Management investment LLC together hold 45,64,829 number of equity shares of Tejas Network Limited.

The stocks to watch out for October 4 include Maruti Suzuki, Rossell India, Hindalco, Himatsingka Seide and Thomas Cook.

When it comes to protecting interest of investors, SEBI is quite active in taking actions. Latest circular from SEBI states some regulations for MFs investment in debt instruments. Read on to find out more.

Following stocks are close to their 52-weeks low as at 15:10 p.m. on October 03, 2019.

The markets on October 03, 2019 opened gap down. BSE Sensex is trading at 38,106.87, down by 198.54 points and the Nifty is closed at 11,313.10, down by 46.80 points. 

There are times when your credit score impacts your life in more ways than you realise. Read on to find what impacts your credit score.

The exports rose by 8 per cent in same month in comparison to last year. The growth slowdown in domestic market is marginally offset by rise in exports. 

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Overall volumes in futures & options currently stand at 2,76,83,590 contracts with a turnover of Rs. 18,54,590.62 crore.

Overall volumes in futures & options currently stand at 2,76,83,590 contracts with a turnover of Rs. 18,54,590.62 crore.

A break and close below the 200-DMA which is currently placed at 11,255 is likely to open up two levels of the downside in the form of 11,192 which is 50 per cent retracement level of the recent up move began on September 20, followed by 11,075 which is 61.8 per cent retracement level. Resistance is now seen in the area of 11,543 and 11,600. Stocks in news: Cadila Healthcare, Indiabulls Housing Finance, Infosys, Coal India, InterGlobe Aviation, JSW Steel, RBL Bank, Prestige Estates Projects, HAL.

The SGX Nifty is currently trading down by 9 points at 11,347 levels.

Axis Nifty 100 Index Fund offered by Axis MF is the first fund tracking Nifty 100 index. Read on to find if you should subscribe to it.

Public sector lender, Central Bank of India informed the exchanges on Monday that it has raised Rs. 500 crore through Tier II bonds.

National Buildings Construction Corporation (NBCC) Limited has bagged a Rs. 400 crore contract to develop National Sports University at Imphal, Manipur. Shares of NBCC jumped over 5 per cent intraday in BSE.

The stock of Manappuram Finance Limited has formed a Three Inside Down candlestick pattern on daily time frame.

Ashok Leyland, which offers a range of trucks and heavy vehicles, also posted poor numbers for the month of September. The total number of vehicles sold in September 2019 was 8780, showing 55 per cent YoY decline.

Lupin Limited has received approval from the United States Food and Drug Administration (USFDA) to market Extended Phenytoin Sodium Capsules USP, 100 mg, a generic equivalent of Dilantin 100 mg, of Parke-Davis, division of Pfizer Inc.

Moil Limited informed the exchanges on Tuesday that it has signed Memorandum of Understanding (MoU) with Gujarat Mineral Development Corporation Ltd. (GMDC), an undertaking of Government of Gujarat, in January 2019, to take up project of joint exploration of manganese bearing areas, exploring its feasibility and to conduct mining operations as well as to set up value addition plant in joint venture in Gujarat.

Most of us believe that retirement planning is often taken care by the social security accounts such as EPS and NPS. However, have you ever thought whether the retirement corpus estimated by you is a realistic one or not? Let’s find out.

NCC Limited informed the exchanges on Tuesday that it has bagged a new order worth Rs. 848 crore in the month of September 2019. The order pertains to Building Division and is received from a State Government agency and does not include any internal orders.

Following stocks are close to their 52-weeks low as at 12:31 p.m. on October 01, 2019.

The markets on October 01, 2019 opened gap up. BSE Sensex is trading at 38,706.19, up by 38.36 points and the Nifty is trading at 11,482.95, up by 8.50 points.

Cadila Healthcare on Monday has informed the bourses that it has entered into an agreement with Medicure lnc, a cardiovascular pharmaceutical company to sell its right, title and interest in Zypitamagt (Pitavastatin)

As on Q1FY20, the company’s order inflow was at Rs. 1130 crore and total order book was at Rs. 10,173 crore. This translates to book-to-bill of 3.1x giving strong revenue visibility for the next 2-3 years

On Tuesday, Natco Pharma Limited informed the bourses about the successful closure of inspection at its Andhra facility, with the receipt of an Establishment Inspection Report (EIR) from the U.S. Food and Drug Administration (USFDA).

The plant will remain shut down for an approximate period of 90 days. This plant is major revenue driver for the company. During fiscal year 2018-19, it contributed nearly Rs. 420.61 crore to the revenue, representing 95 per cent of total revenue.

The public sector lender, Bank of Baroda has announced capital infusion of Rs. 7000 crore by the Government of India.

Overall volumes in futures & options currently stand at 1,48,92,810 contracts with a turnover of Rs. 9,93,216.12 crore.

Overall volumes in futures & options currently stand at 1,48,92,810 contracts with a turnover of Rs. 9,93,216.12 crore.

In the near term the support zone of 11,380-11,410 could decide the fate of the markets. Any close below this support zone and the current corrective phase may extend towards levels of 11,250 where the 200-DMA is placed. Stocks in news: Credit Access Grameen, Motilal Oswal Financial Services, Bandhan Bank, Birla Corporation, NBCC, MBL Infrastructures, Lupin. 

After posting back-to-back losses on Friday and Monday, the market seems to be in a buoyant mood and as per early cues from SGX Nifty, bulls are likely to kick off in the first trading session for the month of October.

Traders remain concerned with report that India had a ‘worrisome’ debt burden of over Rs. 88 lakh crore at the first financial quarter of 2019 with the government apparently having no inkling to deal with the country’s economic slowdown.

Yes Bank Limited on Monday has received acknowledgement from Reserve Bank of India (RBI) to go ahead with the proposed increase in its authorized share capital. Despite such a positive development, the stock of Yes Bank tanked more than 15 per cent to hit 10-year low of Rs. 40.95 in BSE.

Reliance Capital is set to exit from two of its credit verticals which include Reliance Commercial Finance and Reliance Home Finance. Reacting to this news, the stock of the company declined by 13.6 per cent to hit Rs. 24.20, its lowest since March 1999.

On Monday, Signet Industries informed the exchanges of receiving orders of approximately Rs. 73 crore from L&T Limited and Shapoorji & Pallonji co. Pvt. Ltd. Despite this news, the stock of the company fell by 4.8 per cent on Monday.

The stock of Balrampur Chini Mills Limited has formed a Three Black Crows candlestick pattern on daily time frame.

The stocks to watch out on October 1 include Lupin, ICICI Prudential Life Insurance, Kalpataru Power, Kamdhenu and IHFL.

The stock of Bata India Limited has formed a Dark Cloud Cover candlestick pattern on the daily time frame.

The consolidated order book as on June 30, 2019 stood at Rs. 24,918 crores and order inflows YTD FY20 came in at Rs. 4,300 crores. Also, the company has L1 position of around Rs. 2000 crore majorly in Transmission & Distribution business.

At the end of the session, the 30-share index Sensex lost 155.24 points or 0.40 percent to settle at 38,667.33, while, the 50-share index Nifty breached 11,500 levels intraday and closed at 11,474.45, down by 37.95 points or 0.33 per cent.

Glenmark Pharmaceuticals has received approval from the Ministry of Healthcare, Russia to market Montlezir. Shares of Glenmark, however, were trading 2 per cent lower at Rs. 325.15 in the afternoon session of Monday.

Chennai based private sector bank, Laskhmi Vilas Bank reported that the RBI has initiated the PCA plans against the bank, on Friday, market hours. The stock was locked in lower circuit at Rs. 34.75 in BSE.

Earlier last week, the company had also announced that the KTPL will be merged with the Kajaria Ceramics. The board of directors of the company had approved the scheme of amalgamation. The proposed scheme of arrangement is further subject to approval from NCLT.

Following stocks are close to their 52-weeks low as at 12:52 p.m. on September 30, 2019.

The markets on September 30, 2019 opened gap down. BSE Sensex is trading at 38,428.34, down by 394.23 points and the Nifty is trading at 11,400.20, down by 112.20 points.

This is that time of the year when many of you might be receiving tax refund. Read on to find how it can be used to improve your finances. 

SJVN Limited informed the exchanges on Monday that it is investing around Rs. 7,000 crore in power generation and transmission in Nepal.

United States Food and Drug Administration (USFDA) completed inspection at Cipla’s Goa manufacturing facility, with 12 observations. Reacting to the news, the shares of Cipla tumbled over 4 per cent intraday on Monday morning to hit fresh 52-week low of Rs. 418 in BSE.

Hindustan Construction Company (HCC) has inaugurated the Indian Navy's first aircraft-carrier dry dock in the city of Mumbai. However, the shares in the morning session on Monday were trading in red.

Amid an uncertain economy and volatility in the market, Motilal Oswal Mutual Fund has launched Motilal Oswal Large and Midcap Fund (MOFLM), an open-ended equity scheme. Read on to find out whether you should subscribe or not.

Indian Seamless Metal Tubes Limited (ISMT), India’s largest integrated specialized seamless tube manufacturer, has raised its stake in Structo Hydraulics A.B. Sweden (SHAB) to 99.98 per cent.

Overall volumes in futures & options currently stand at 95,45,329 contracts with a turnover of Rs. 6,54,635.74 crore.

Overall volumes in futures & options currently stand at 95,45,329 contracts with a turnover of Rs. 6,54,635.74 crore.

In the coming session traders are advised to closely monitor the high and low (11,594-11,500) of Friday’s session as a break above or below Friday’s high or low could set the tone for the index. Stocks in news: Jindal Steel and Power, NTPC, Reliance Capital, Lakshmi Vilas Bank, Kajaria Ceramics, Cipla, Canara Bank, Punjab National Bank, Cox and Kings, Indian Overseas Bank, Tata Power.

The SGX Nifty is currently trading seven points down at 11,578 levels and this indicates insipid trade that could characterise today’s markets.

Generic Engineering Construction and Projects Limited has received two orders from Mahindra Happinest Developers Ltd. and Milagro Infrastructure Private Ltd. for a contract value of Rs. 67.41 crore and Rs. 12.88 crore respectively.

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

The stocks to look out on September 30 include Tata Power, Punjab & Sind Bank, IDBI Bank, GOCL and Mahindra & Mahindra.

L&T Finance Holdings is set to raise funds approximately of Rs. 150 crore through Cumulative Compulsorily Redeemable Non-Convertible Preference Shares (CRPS).

The recent announcements on corporate tax rate cut and GST cuts were not effective enough to boost the auto stocks. In fact, the auto stocks continue to decline as, currently, there isn’t any major initiative announced by the government, particularly for the auto sector.

As the market reversed its trend to downside, pharma and auto stocks led the losses in Friday’s trading session. While auto stocks fell amid concerns about sales growth, the pharma stocks had to face the brunt of drug quality, triggered by suspension of ranitidine hydrochloric drug.

The currency appreciation is positive for the overall sentiment of the markets. Strong currency and decline in crude oil prices will be key drivers for the markets going ahead.

Orient Refractories offers a wide range of Refractory and Monolithic products for the iron and steel industry and enjoys large domestic and international clientele.

Broader markets too ended with handsome gains. Both the BSE Mid cap index and the BSE Small cap index have logged gains of more than a per cent each for the week.

Considering the weekly time frame, the stock of Heidelberg cement India Limited is trading in Symmetrical triangle pattern since last 18 weeks.

The stock of HDFC Asset Management Company Limited forms Shooting Star candlestick pattern on weekly time frame.

The stock of Rites Limited has given downward sloping trendline breakout, formed by connecting swing highs from August 2018.

The company informed on Friday that Stride Pharma Global Pte Limited, Singapore, has received approval from the United States Food and Drug Administration (USFDA) for manufacturing Solifenacin SuccinateTablets, 5 mg and 10 mg.

As Thomas Cook Plc. collapsed with a debt pile, Thomas Cook India has been looked at with doubtful eyes for the last few days. The shares of the company continued to trade in red.

Intellect Global Transaction Banking (iGTB), the transaction banking and tech specialist from Intellect Design Arena Limited, in partnership with Fintech Power 50 on Tuesday organised a SIBOS networking cruise that brings together major banks, insurers and market infrastructure players.

The company said NTPC is all set to start commercial operation of Unit-1 of 800 MW of Lara Super Thermal Power Station (2 x 800 MW) with effective from September 30, 2019. 

Following stocks are close to their 52-weeks low as at 14:01 p.m. on September 27, 2019.

Tata Power Solar, Tata Power’s wholly owned subsidiary, has won the bid for 105MWp floating solar energy project in Kerala.

The markets on September 27, 2019 opened gap down. BSE Sensex is trading at 38,933.01, down by 56.73 points and the Nifty is trading at 11,546.70, down by 24.50 points. 

The Board of Directors of Quess Corp has approved the acquisition of remaining 49 per cent stake in Trimax Smart Infraprojects Private Limited (TSIPL), which is its subsidiary. Post completion of acquisition, TSIPL will become wholly owned subsidiary of the company.

Even after the corporate tax rate cut last week that brought huge relief to the market, there is still no clarity on where the markets are heading to. Till then, it is wise to get an idea on which sectors ranked better on mutual funds list in past five months. Let’s find out.

On Thursday, Muthoot Finance Ltd informed the exchanges that it is issuing Non-Convertible Debentures (NCDs) on September 27, 2019, in an aim to raise around Rs. 1000 crore. 

Overall volumes in futures & options currently stand at 5,01,82,417 contracts with a turnover of Rs. 33,43,696.98 crore.

Overall volumes in futures & options currently stand at 5,01,82,417 contracts with a turnover of Rs. 33,43,696.98 crore.

Cadila Healthcare informed the exchanges on Thursday that Zydus Cadila has received the final approval from the USFDA to market Clobetasol Propionate Lotion, (US RLD - Clobex Lotion), 0.05 per cent.

If in any case Nifty closes above the 11,600 level, then we may get fresh long opportunities in the market and Nifty might move towards the level of 11,710, which is a swing high and 11,790, which is 78.6 per cent retracement level. On the downside, the bulls will closely monitor the September 23 bullish gap and as long as this is protected bulls are in a sweet spot. Stocks in news: Thomas Cook (India), YES Bank, Majesco, Quess Corp, Westlife Development, KPIT Technologies, Adani Enterprises.

IDBI Bank informed the exchanges on Thursday that the company has bought back its senior notes listed on Singapore Exchange Securities Trading Limited.

Weakness across the globe is sure to impact India bourses as well.

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