The markets shut their doors on Friday at record closing highs but they were off from day’s highs. The lack of momentum in Friday’s session was visible in the markets as they headed nowhere and spent the whole session in a minimal and narrow range. The signs of fatigue are visible but positive global cues are likely to help the markets to grind higher and extend its up move for the fifth consecutive day.

Debt funds are said to be low in volatility compared to equity funds. However, in 2019, debt funds also showed its volatility in parts. Let us find out how they have performed despite the volatility.

NLC India Limited commissioned two units of 500 Mega Watt (MW) each in its new Neyveli Thermal Power Station, the fuel for which is to be sourced from mines at Neyveli.

IPCA Laboratories (IPCA) announced on Friday that it had entered into an agreement with Medicines for Malaria Venture to co-develop an antimalarial co-formulation called 'Atoguanil'.

On Friday, the BSE Sensex rose 0.02 per cent to end at 41,681.54 and the NSE Nifty rose 0.1 per cent to close at 12,271.80. On intra-day basis, Nestle India (4 per cent), Titan (3.70 per cent), Tata Steel (3.19 per cent), and Yes Bank (3 per cent) were among the top gainers.

Cadila Healthcare announced that the United States Food and Drug Administration (USFDA) cleared its Gujarat facility. Post this development, a jump of 2 per cent was seen in their share price.

In case of other major players, such as VST Industries and Godfrey Philips the trend is same. The CAGR sales growth for Godfrey Philip till September 2019 was 2.5 per cent from December quarter ended in 2018. VST Industries saw CAGR sales growth of less than 1 per cent during same period.

The stock of ICICI Lombard General Insurance Company Limited has given an Ascending Triangle pattern breakout on the daily timeframe with a relatively higher volume.

Suven Life Sciences reported that the company underwent USFDA renewal inspection at its facility in Pashamylaram near Hyderabad.

On Friday, the stock has given a neckline breakout of the Double bottom pattern. This breakout was confirmed by the above 50-day average volumes.

Lupin announced that it has received the approval from the United States Food and Drug Administration (USFDA) to market its Betamethasone Dipropionate Ointment USP (Augmented), 0.05 per cent.

Considering the weekly timeframe, the stock of Pidilite Industries Limited has bounced back from the edge of the rising trendline support that is formed by connecting the swing lows from October 2018 and coinciding with 34-week EMA level.

The year 2019 has not been a great year for most of the MF schemes.  Only 4 per cent of the total fund has generated a return of more than 20 per cent. Should you buy them? 

Lemon Tree Hotels Limited (LTH) announced its international debut of the company, with the launch of the first Lemon Tree Hotel in Dubai.

On Friday, CRISIL announced that its board had approved 100 per cent acquisition of the Greenwich Associates LLC and its subsidiaries at a consideration of US$40 million, subject to closing adjustments.

As of end of November 1, 2019, the order book position stood at Rs 1,831 crore. In terms of total mix of overall order book, stainless steel remained nearly Rs 575 crore, carbon steel stood at Rs 1,032 crore, and LSAW closer to Rs 200 crore.

The share price of Dishman Carbogen Amcis Limited plunged 12 per cent; a day after the Income Tax (IT) Department conducted a ‘search and survey operation’ at the company’s head office and maintenance sites. As a result, the company’s stock fell below its previous 52-week low of Rs 110, touched on October 25, 2019 and also, hit a new 52-week low of 102.50 at the BSE on Friday.

The Board of Directors of the company at its meeting held on December 19, 2019, also approved the increase of investments by the foreign portfolio investors (FPIs) to 40 per cent from 24 per cent of the paid-up equity share capital of the company.

The market opened in the green on 20th December. Previous day witnessed the Sensex rising up by 0.28 percent to end at 41,673.92 and the Nifty rose by 0.31 percent to close at 12,259.70. 

Amid challenging environment with lower sugarcane output and production cuts, the UP based sugar manufacturer, Dwarikesh Sugar Industries, has commissioned a distillery plant at its Dwarikesh Nagar unit in Bijnor District.

The market opened in the green on 20th December. Previous day witnessed the Sensex rising up by 0.28 percent to end at 41,673.92 and the Nifty rose by 0.31 percent to close at 12,259.70. 

Upon reviewing the current liquidity and market scenario, the Reserve Bank of India (RBI) has decided to conduct a simultaneous sale and purchase of bonds under its Open Market Operations (OMO) for Rs 10,000 crore each, using the multiple price auction method, to infuse durable liquidity.

The market opened in the green on 20th December, overall volumes in futures & options currently stand at 4,01 crore contracts with a turnover of Rs. 28,12,246.82 crore.

The market opened in the green on 20th December, overall volumes in futures & options currently stand at 4,01 crore contracts with a turnover of Rs. 28,12,246.82 crore.

The Nifty will try to achieve the next possible target of 12,350-12,400 levels. As long as the index is able to protect the prior day low, it is advised to hold the long positions with a trailing stop-loss. Stocks in news: Dishman Carbogen Amcis, Lupin, JM Financial, Bajaj Finance, Lemon Tree Hotels, NMDC.

In the last three trading sessions, the markets have managed to reach new heights and set new record-closing highs in each of the session. Moreover, the Nifty closed in the top quartile of the day’s range for the third consecutive day. So the bulls will try to end the week on a high note.

Sentiment Indicators.

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

Subscribers can ask their queries regarding stocks they hold and get our expert guidance.

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

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

Tarun Kumar Kalra Global Head of Sales, CredoLab

Vivek Jalan
Founder,Tax Connect Advisory Services

Are you worried about falling domestic GDP growth? If you are, maybe it is just the excuse you need to add the 'American' touch to your investment portfolio. The Indian mutual fund industry allows you to invest in US funds and it may be a good time to consider investing in them now.

Expert Speak

MF QueryBoard

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

There is an interesting fact about people who buy life insurance policies. They suddenly get a realisation, in the month of March that they are going to die soon! And therefore, they purchase life insurance policies. Historical data shows that most of the life insurance policies are sold in March and is often more than twice of the other 11 months.

On Thursday, India Ratings and Research (Ind-Ra) downgraded the long term issuer rating of Can Fin Homes Limited (CFHL) to IND AA from IND AAA and revised the outlook from stable to negative.

I was always in a dilemma as to where should I park my money. At times, I thought of investing it in equity mutual funds but that seemed to be a risky proposition. However, at the same time, I'm aware of the fact that risk-free instruments don't give handsome returns!

Data Bank & Dividend

Kerbside

There is a cost involved in managing your bank account and this is the reason bank penalizes for not maintaining the minimum monthly average balance (MAB) on your savings bank account. So, how does it work? Let us find out.

Reviews

QueryBoard

Dr Ruzbeh Bodhanwala and Dr Shernaz Bodhanwala are faculty at FLAME University, Pune.

Trackpad

Clariant Chemicals announced that it has approved the sale of it Masterbatch business to PolyOne Polymers India Limited on a slump sale worth Rs. 426 crore, subject to the approval of its shareholders by way of a special resolution through postal ballot and other statutory approvals.

I have received a notice under section 148 of the Income Tax Act for the assessment year 2013-14 requiring me to file Return of Income. I have not filed Returns of Income since assessment year 2012-13 as I did not have any taxable income in all these years. I am dependent on my son who earns and files his Return of Income regularly. What action should I take or tell me the procedure I need to follow and if I do not follow the same, what would be the consequences? 

As the market participation improves and more number of stocks is expected to contribute to the market rally in 2020, understanding which stocks may outperform and which ones are in uptrend can prove to be a crucial advantage. Karan Bhojwani highlights the importance of identifying trend accurately and identifying proper exit zones. He further explains in detail how to avoid common mistakes that most chartist and traders make. To complement the message we have the 'Baadshahs' of the Technical Analysis world sharing their perspective on the subject as well as letting us know their perspective on global markets - Technically!!

Biocon is a biopharmaceutical company which manufactures generic Active Pharmaceutical Ingredients (APIs) sold across the globe. Along with it, the company also manufactures novel biologics as well as biosimilar insulins and antibodies which are sold in India as branded formulations.

One of the most important parameters while analysing quality stocks is the debt levels of the company. Often, excessive levels of debt are considered negative for stocks performance but should all debt-free companies be considered good for investments? Geyatee Deshpande explains the merits of focussing on debt-free companies while identifying quality stocks. 

Panacea Biotech Limited has announced that it has bagged an award of Rs 170 crore from U.N. Agencies for the supply of its Easyfive-TT, a fully liquid WHO prequalified wP-based Pentavalent Vaccine (DTwPHepB-Hib).

On the global front, the US dollar took the impeachment of US President Donald Trump on Thursday in stride while the British pound continued to remain under pressure even after inflation in the UK remained unchanged in November compared to the previous month.

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.

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. 

Trident Limited has been granted the patent for ‘Terry fabric weave and resulting Terry fabric’ by the European Patent Office.

The market opened in the green on 19th December. Previous day witnessed the Sensex rising up by 206.4 points to end at an all time high at 41,558.57 and the Nifty rose by 56.65 points to close at record high at 12,221.65.

The equity markets in 2018 and 2019 witnessed a narrow market rally. Will 2020 be a repeat of 2018 and 2019? Maybe not. Yogesh Supekar explains why 2020 could be a better year for investors while the DSIJ Research Team share their top 10 stock ideas for the upcoming year.

The equity mutual fund has witnessed a sharp fall in the inflows in the month of November. Read on to find the companies that remained in their radar.

Lemon Tree Hotels Limited has signed a license agreement for a 44 rooms hotel at Baga, Goa, under its brand ‘Lemon Tree Hotel’. This will be its fifth hotel in Goa.

The market opened in the green on 19th December. Previous day witnessed the Sensex rising up by 206.4 points to end at an all time high at 41,558.57 and the Nifty rose by 56.65 points to close at record high at 12,221.65.  

The market opened in the green on 19th December, overall volumes in futures & options currently stand at 1.86 crore contracts with a turnover of Rs. 13,35,544.46 crore

The market opened in the green on 19th December, overall volumes in futures & options currently stand at 1.86 crore contracts with a turnover of Rs. 13,35,544.46 crore

Post Boris Johnson’s win; European indices went up with a more confident view on Brexit although there is a long road ahead. FTSE was up by 3.20 per cent along with CAC 40 and DAX up by 3.54 per cent and 3.42 per cent.

Hi, I read your story on Multibagger stocks and found it to be an interesting read. You mentioned that it was possible to find multibagger stocks in sectors that have high CAGR profit growth. Do you think I could find such stocks in the Chemical Sector? 

Let me start with the good news. Year 2020 is going to be a profitable year for investors. The Sensex may not shoot too high, but the rise will be broad-based thus, bringing a smile on investors already reeling under huge losses.

We expect the Nifty to touch levels of 12,300-12,350 in the short term and, in case of any corrective move, the index has immediate support placed at levels of 12,150 levels. Stocks in news: NBCC, Lemon Tree Hotels, NMDC, Lux Industries, Goa Carbon.

After notching record-high levels in previous sessions, we could see profit-taking in the Indian markets on Thursday, as market participants may take money off the table in the light of weak global cues. The SGX Nifty is signaling a flat start with a negative bias and trades at 12,333 mark, down by 22 points.

To make your golden years of life really golden, you must be able to afford it. Here, in this article, we are discussing ways to make your retirement more affordable.

NMDC, on Tuesday, informed the bourses that it has received extension with respect to mining Leases of Deposit 14, Deposit14-NMZ, Deposit-10, and Deposit- 5 for a period of 20 years 

The Committee of Creditors (CoC) of Jaypee Infratech approved the bid of National Buildings Construction Corporation (NBCC) to acquire assets of this debt-laden company under insolvency process. Post this move, the stocks of Jaypee jumped over 9 per cent on Wednesday.

The company is planning to sell around 85-90 per cent of the apartments, opened for sale and having revenue opportunity worth Rs 300-325 crore, in a short span of time.

 The market opened in the green on 18th December. Previous day witnessed the Sensex rising up by 1.01 percent to end at an all time high at 41,352.17 and the Nifty rose by 0.92 percent to close at record high at 12,165. 

The market opened in the green on 18th December. Previous day witnessed the Sensex rising up by 1.01 percent to end at an all time high at 41,352.17 and the Nifty rose by 0.92 percent to close at record high at 12,165. 

The market opened in the green on 18th December, overall volumes in futures & options currently stand at 1.37 crore contracts with a turnover of Rs. 9,99,956.44 crore.

The market opened in the green on 18th December, overall volumes in futures & options currently stand at 1.37 crore contracts with a turnover of Rs. 9,99,956.44 crore.

The Nifty and the BSE Sensex scaled new highs on Tuesday and, if we go by the early trends in the SGX Nifty, the markets are likely to extend their gains on Wednesday. However, market participants will keep the GST council meet on radar, which is due late in the day and the outcome of this meet may dictate the future course.

If the index sustains above the level of 12,183, it would open gates for short-term target of 12,300. On the flip side, the support for the index is seen around 12,070 level. Stocks in news: HFCL, NMDC, Bank of Baroda, TCS, Goodyear India.

On Tuesday, Axiscades Engineering Technologies Ltd. announced that it has been selected by Airbus to work on fuselage, product development, and customer support services across various Airbus locations.

On Tuesday, Quick Heal Technologies announced a strategic partnership with Big C Mobiles to increase the uptake of mobile security solutions in Andhra Pradesh and Telangana region.

The state owned real estate company, NBCC Ltd., informed that it signed two MoUs with Delhi Development Authority and Odisha Thermal Power Corporation Limited, on Tuesday.

Pune-based real estate developer, Kolte-Patil Developers, informed the bourses that it has recorded sales of 500 units of flats as it received strong response for 'ZABARDUS' campaign.

Max India Ltd announced on Tuesday that it sold its entire stake in Max Bupa Health Insurance Company Limited, equivalent to 51 per cent of the total issued and paid up capital to Fettle Tone LLP.

Prince Pipes and Fittings engaged in the manufacturing of polymer pipes is entering the primary capital market with its initial public offer of equity shares of Rs 10 each. Read on to find if you should subscribe to the issue.

Linde India informed the bourses that it has completed the divestment of its south region divestment business and received the consideration of Rs 1,380 crore for the same.

In today’s trading session, the stock of Federal-Mogul Goetze (India) Ltd, surged nearly 19 per cent to touch a 52-week high of Rs 659.46 apiece, as Supreme Court of India has upheld the valuation of Securities and Exchange Board of India (SEBI).

Lupin Limited has announced that its subsidiary, Nanomi B.V., has completed the divestiture of its entire stake in Kyowa Pharmaceutical Industry Co. Ltd to Unison Capital Partners IV, LPS, and Unison Capital Partners IV, pursuant to the satisfactory completion of all customary closing conditions.

As every coin has a flip side, mutual funds are not different in that sense. Fund managers not only buy but also sell. It becomes equally important to know what they are selling. So, let’s find out.

The market opened in the green on 17th December (Tuesday) . On Monday, the Sensex fell 0.17 percent to end at 40,938.72 and the Nifty fell 0.27 percent to close at 12,053.95 .