Asian Paints International Private Limited, Singapore (APIPL), which is a wholly owned subsidiary of Asian Paints Limited, has sold its entire stake in Berger Paints Singapore Pte Limited (BPS) to Austraian company Omega Property Investments Pty Ltd.

Following stocks are close to their 52-weeks low as at 14:29 p.m. on September 17, 2019.

Amid surging prices of Brent crude oil after drone attacks on Saudi Arabia’s crude facility, Indian benchmark indices Nifty and Sensex marked huge volatility in trade for the second straight day.

The markets on September 17, 2019 opened gap down. BSE Sensex is trading at 36,502.99, down by 620.32 points and the Nifty is trading at 10,821.55, down by 181.95 points. 

Wipro, on Monday, announced that it has entered into a strategic partnership with i4.0MC - Industrie 4.0 Maturity Center GmbH (I4.0MC), Germany, to boost digital transformation in manufacturing companies.

Lemon Tree Hotels (LTH), a largest mid-priced hotel sector chain in India announced that company has signed a License Agreement for 80-room hotel at West Bengal.

Tata Power Company’s wholly owned subsidiary, Khopoli Investment is set to divest entire stake in Cennergi in South Africa. The shares of Tata Power reacted negatively and fell by over 1.5 per cent in the Tuesday morning session.

TCPL Packaging declared a dividend of Rs. 5.25 per equity share at its annual general meeting held on September 13, 2019. Post this development, the stock of the company inched higher by 1.15 per cent intraday in BSE on Tuesday session.

The stock of CG Power and Industrial Solutions (CG) jumped up nearly 5 per cent from its previous close and got locked in upper circuit at Rs. 15.69 apiece in BSE on Tuesday session. From its recent low of Rs. 8.3 apiece, the stock has gained nearly 90 per cent.

On 16th September 2019, Aavas Financiers Limited ("Aavas") informed the exchanges that it has received an investment of Rs. 345 crore from IFC.

Retirement is one of the most important financial goals, not only priority-wise but also amount-wise, as you need to cover outflows for around next 25 to 30 years, adjusted for inflation effects. So, what are the products that one can invest while in retirement? Let’s find out.

On Monday, 16th September 2019, NBCC (India) Limited announced that it has signed a Memorandum of Understanding (MoU) with Utkal University, Bhubaneswar, Odisha.

India’s one of the largest real estate developers, DLF on Monday informed the bourses that it has sold land parcel of around 9 acre located in Sector 74 A, Gurugram to American Express (India).

Overall volumes in futures & options currently stand at 1,54,62,059 contracts with a turnover of Rs. 10,16,228.46 crore.

Overall volumes in futures & options currently stand at 1,54,62,059 contracts with a turnover of Rs. 10,16,228.46 crore.

OnMobile Global announced on Monday that the company’s promoter OnMobile Systems Inc. entered into a share purchase agreement with Jump Networks Limited for sale of 19,000,000 equity share of OnMobile Global Limited. Reacting to the news, the stock of the company staged a whopping rise by 19.54 per cent on BSE.

We reiterate that only after surpassing the 11147-11200 zone, Nifty can move up to 11370. On the flipside, a decisive close below 10940 with volume may drag Nifty to the 10746 level and below. Stocks in news: DLF, Torrent Pharma, Aavas Financiers, SML Isuzu, NBCC, TCS, GVK Power & Infrastructure, Kaveri Seed.

V-Mart Retail has opened two new stores. Shares of the company jumped over 3 per cent intraday on Monday.

At the time of writing, the SGX Nifty was down by 17 points at 10,988 mark.

The performance measurement of the funds has changed a lot in last few decades. From simple returns, it has moved to include risk in its calculation. Read on to find two such composite measures to evaluate the performance of your fund.

Meanwhile, the weak trade in the local equity market along with a strong dollar against major global currencies also weighed on the local unit. On the global front, pound fell nearly half a percent on Monday on account of concerns that Britain will struggle to secure a deal on the terms of its departure from the European Union.

The stocks to watch out on September 17 include IDBI Bank, Tata Power, Thomas Cook, MindTree and Syndicate Bank.

Following stocks are close to their 52-weeks low as at 14:51 p.m. on September 16, 2019.

The markets on September 16, 2019 opened gap down. BSE Sensex is trading at 37,076.31, down by 308.68 points and the Nifty is trading at 10,991.90, down by 84.00 points. 

WPI was unchanged at 25-month low of 1.08 per cent in August as compared to 1.08 per cent in July this year and 4.62 per cent in August 2018.

The said medicine is used to treat or prevent GI (gastrointestinal) ulcers caused by infection. Company’s OTC Lansoprazole Delayed-Release Capsules USP, 15 mg, are available in 14, 28 and 42 count sizes.

In an aim to revive the Indian economy, finance minister on Saturday announced slew of measures that will act as a boost for sectors like real estate, export etc. India’s exports during August fall nearly 6.1 per cent to US$ 26.13 billion. India’s GDP growth during April-June period fell to 5 per cent from 5.8 per cent in preceding quarter.

While the markets are still going through a rough patch, the mutual fund space is witnessing good buying activity. So, take a look at the stocks that attracted the fund managers in August 2019.

Infosys has inaugurated the Arizona Technology and Innovation Center to focus on autonomous technologies, IoT, full-stack engineering, data science and cyber security.

Cumulative value of exports for the period April- August 2019-20 was US$ 133.54 billion as against US$ 135.62 billion during the period April- August 2018-19, registering a negative growth of 1.53 per cent. In rupee terms, it was up by 1.18 per cent to Rs. 9,31,055.96 crore from Rs. 9,20,240.02 crore.

Overall volumes in futures & options currently stand at 1,44,29,301 contracts with a turnover of Rs. 9,21,268.73 crore.

Overall volumes in futures & options currently stand at 1,44,29,301 contracts with a turnover of Rs. 9,21,268.73 crore.

At present, Nifty has reached near to the point of multiple resistance zone. There are several resistances in the 11,140-11,200 zone. Meanwhile, immediate support for the Nifty is 10,940 mark followed by the prior week low of 10,890. Stocks in news: Infosys, M&M, Bharat Electronics, PEL, PVR, Wipro, SML Isuzu and Monsanto India.

For starters, the major news is that oil prices have spiked amidst drone attacks at Saudi Aramco’s oil facilities and any such spike in global crude oil prices will impact India’s oil import bill and trade deficit. We could see a knee jerk reaction to this news today. However, market participants will take some encouragement from the announcements made by Finance Minister over the weekend to boost sagging exports and a stressed real estate sector.

There are several resistances in the 28450-28560 zone. Any sustainable move above the level of Rs 28560 is likely to open up gates for further rally towards the levels of 29000, followed by 29500.

The stocks to watch out for September 16 include Altico, Lupin, Intellect Design Arena, ITD Cementation and Havells.

Bharat Electronics Limited (BEL) has received an order from Ministry of Defence, Govt. of India on 13th September, 2019 for procurement of Seven Squadrons of Akash Missile System for Indian Air Force.

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

Investors were yet to recover from the mess at IL&FS, Zee Group and DHFL, and now they are preparing to face the brunt of another default coming from Altico Capital. So, what should be MF investors’ stance, let’s find out.

PI Industries announced on Friday that it has executed the acquisition of lsagro Asia through 100 per cent share holding.

On Friday, the stock has given breakout above the neckline of double bottom formation, backed by strong volumes.

The company is awarded the project for engaging 350 Aadhar enrollment kit operators to the Education Department, Government of Telangana. The total value of the project is around Rs. 20 crore and will be realized over 2 years.

Sensex closed at 37,384.99, up 280.71 points or 0.76 per cent while Nifty ended 93.10 points or 0.85 per cent higher at 11,075.90.

The construction company, in a press release stated that it has received Letter of Award (LoA) which valued worth Rs. 1100 crore from Central Public Works Dept of Government of India. 

Shares of Bank of Baroda slumped nearly 4.65 per cent intraday to a low of Rs. 96.75 on the BSE.

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The company boasts the order book of Rs. 10,372.4 crore as on FY19, which gives strong revenue visibility for the company in the long term.

Following stocks are close to their 52-weeks low as at 14:02 PM on September 13, 2019.

The markets on September 13, 2019 opened gap up. BSE Sensex is trading at 37,179.96, up by 376.42 points and the Nifty is trading at 11,004.00, up by 21.20 points.

Consumer price index-based inflation (CPI) for August crawled up to 3.21 per cent year-on-year, compared with 3.15 per cent in July and 3.69 in August 2018. 

Gravita India informed the bourses on Friday that its subsidiary, Recyclers Ghana Limited has enhanced its production capacity of lead recycling plant located at Ghana, West Africa.

Overall volumes in futures & options currently stand at 4,02,10,982 contracts with a turnover of Rs. 24,81,445.36 crore.

Overall volumes in futures & options currently stand at 4,02,10,982 contracts with a turnover of Rs. 24,81,445.36 crore.

Larsen & Toubro’s (L&T) construction arm, L&T Construction has informed that its Water & Effluent Treatment Business has secured orders from prestigious clients of two states in India. Shares climbed post the announcement in the noon, however, at the end, closed flat.

The latest industrial production data, gauged by Index of Industrial Production (IIP) for the month of July came in at 4 per cent compared to 1.1 per cent in June 2019 and 6.5 per cent in July 2018.

On the downside, supports are seen around 10,800-10,850 levels. On the upside, Nifty needs to sustain above the 11,055 level to maintain its positive stance, but if it is unable to close above this level, we can consider this rally as a pullback from an oversold condition in a downtrend. Stocks in news: Ballarpur Industries, Dr Reddy’s Laboratories, Biocon, Gravita India.

At the time of writing, the SGX Nifty was up by 6 points trading at the 10,997 level.

The stocks to watch out for September 13 include Granules, Power Grid, OBC, L&T and Thomas Cook.

The share of equity oriented scheme has increased in the overall AUM of the Indian equity MF. Read on to find the great shift.

JM Financials on Thursday announced that the company has acquired 49,16,104 compulsorily convertible debentures (which are convertible into 4,91,61,040 equity shares as per the term of issue) of face value of Rs. 373 per share for cash aggregating Rs. 183.37 crore of JM Financial Asset Reconstruction Company Limited (JMFARC), a material subsidiary of the JM Financials.

Azim Premji and promoter group of Wipro Ltd. have sold shares worth over a billion dollars. The news didn’t go well with the market and stock ended with loss on Thursday.

Granules India informed the bourses on Thursday that it has Establishment Inspection Report (EIR) from USFDA for company’s Bonthapally facility located at Hyderabad.

The pharma company Alkem Laboratories has received Establishment Inspection Report (EIR) for its manufacturing facility located at St. Louis, Fenton Logistics Park, USA.

Kridhan Infra’s associate company, Vijay Nirman Company has secured an order worth Rs. 112 crore. The shares of Kridhan Infra hit its upper circuit as soon as the trading session began on Thursday.

The promoter group that held 34.4 per cent equity stake in Apollo Hospitals has divested 50 lakhs equity shares constituting a 3.6 per cent holding in the company via bulk deal transaction on the stock exchanges. Reacting to this development, the stock of the company closed in negative, down by 2.55 per cent.

Following stocks are close to their 52-weeks low as at 14:59 p.m. on September 12, 2019.

The markets on September 12, 2019 opened gap up. BSE Sensex is trading at 37,127.37, down by 143.45 points and the Nifty is trading at 10,985.35, down by 51.35 points.

Ducon Infra technologies Limited announced that it has entered into a strategic tie up with Sterling and Wilson (S&W) to bid large FGD Projects in India.

SBI Life Insurance Company Ltd is currently trading at Rs. 800.05. Its 52-week high/low stand at Rs 862.40/Rs 487 made on August 20, 2019 and October 1, 2018, respectively. The stock had given inverted head and shoulders- like pattern breakout as on weekend of April 5, 2019 and, thereafter, it had marked a sequence of higher tops and higher bottoms. 

This indicator is a measure of the percentage of Nifty 50 stocks that are trading above/below their 200-day simple moving averages. The 200-DMA is considered as an important and one of the basic technical indicators that can be used to determine long-term trend of a security. 

Nifty has reached the point of multiple resistance zone. After four days of positive close, on the fifth day, Nifty traded in a 60-point range and formed an indecisive small body candle. As we mentioned earlier,

Review on 1 stocks recommended in past.

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

The stock is likely to keep its upward momentum alive in the short term.

By the time this editorial reaches you, the devotees would have turned up in large numbers to bid adieu to the Vighnaharta (remover of obstacles) Lord Ganesh on the occasion of Anant Chaturdashi. 

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

An investor looks at various parameters before investing in a mutual fund. The portfolio of the mutual fund remains one of the most important parameters among them. However, it is not the only parameter based on which you can invest in mutual funds.

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.

Vishal Kapoor 
CEO, IDFC AMC

The Best Asset Allocation Looks To Maximise Returns And Minimise Risks In Line With Investors Profile And Objectives

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.

In this edition, we have reviewed Gujarat Alkalies and Chemicals and Godrej Consumer Products Limited. 

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

MF Select- 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. 

This section gives a recommendation of a stock having stock margin padding price below Rs 100 with sound fundamentals and expected to give handsome returns over a one-year time horizon

Oriental Aromatics is India’s largest manufacturer of variety of terpene chemicals and other speciality aroma chemicals. The company’s vast product range includes synthetic camphor, terpineols, pine oils, resins, astrolide, dihydromyrcenol, and several other chemicals finding applications.

 I am an individual working with a private company as an employee for almost 10 years. I have not availed much leave and, therefore, as on today, I have a credit of leave of almost nine months, which is equivalent to Rs.6 lakh. As per the company’s rules, I can encash the same even if I am in continuation of service. Kindly let me know whether there is any tax implicationif I encash the unavailed leave and receive Rs.6 lakh? 

"The company has recorded 10 quarters of sustained volume growth, clocking a volume growth of 10.8% in H1CY19."

NIFTY Index Chart Analysis
Market may move in consolidation on a bearish trend

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 

As investors tend be cautious with their investments, the sentiments point towards a discouraging macroeconomic environment.

Shares of Walchandnagar Industries Ltd (WIL) jumped nearly 20 per cent to hit intraday high of Rs. 72.15 and got locked in the upper circuit on Thursday.

Thank you for covering the results season extensively in the previous issue. 

The entire world is reeling under the chaos created by the ongoing trade war between the US and China. However, at the same time, the US markets are doing well.

Economic activity is not linear – it is cyclical. Long term equity investors need to have good insight into the economic and business cycles which are nothing but periodic expansions and contractions of economic activity. Yogesh Supekar and Karan Bhojwani do the reality check to understand where the market might be headed!

Making an investment decision should ideally be a quantitative exercise; however, in practice, many a time emotions take the driver's seat. DSIJ explains some of the most common emotions and biases that come into play while taking investment decisions and how to avoid them.

Mid-Cap Stocks – Awaiting Change In Sentiments!
The painful waiting period continues for midcap investors in 2019 even as experts believe the space is ripe for investments. Shohini Nath and Geyatee Deshpande explore how mid-caps have fared in 2019 and discuss the outlook for this lot of battered stocks.

The largest lender of the country State Bank of India (SBI) is divesting its 3.5 per cent and an optional 1 per cent stake in SBI Life Insurance company.

Being a busy individual and a single mother, I was planning to hire a financial advisor.