Data Bank and Dividend.

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In terms of performance, in the last one year multi-cap funds have performed better than the large and mid cap category due to higher allocation towards large-cap stocks

Maslow’s Need Hierarchy Theory is a practical and wise approach to how you can plan your financial outlay to take care of basic needs as well as wants. What it calls for though is a proper understanding of how to differentiate between the two

Hi, in the next edition of you may please elaborate on passive income schemes for people up in age as with Interest rate going south how do we protect our parents wealth so they can have steady income which keeps up with inflation.

The event that unfolded last fortnight clearly shows how important it is to remain invested in equity. Some not-so-smart investors, who tried to time the market and were waiting for the market to bottom out, might be sulking because of the lost opportunity

Last couple of years have been quite challenging for investors in equity and equity-oriented hybrid funds. Even those who have been investing through SIPs are seeing negative returns in their portfolios. While handling the current market like situation can be quite tricky for investors, they must avoid making abrupt decisions to protect their financial future. Needless to say, investors need hand-holding during these turbulent times to keep their investments on track to achieve their defined investment goals. 

Momentum investing strategy is touted by some to be the best investing strategy ever. Yogesh Supekar discusses the strategy in detail and tests whether the strategy indeed helps achieving alpha while Karan Bhojwani comes up with couple of stock ideas based on this unique strategy

In this edition, we have reviewed LT Foods Limited and Oricon Enterprises Limited. We suggest our reader-investors to book profit in LT Foods and hold in Oricon Enterprises

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

Sintex Industries is a producer of plastic water tanks. It also manufactures corduroy fabrics. The company has operations in building material solutions, textile solutions, and custom building solutions.

Corporate governance is not understood by most investors holistically. Geyatee Deshpande defines what it means and highlights various corporate governance cases in India. The article also focuses on the vital aspects in any company that investors should pay attention to in order to identify corporate governance issues

For FY18-19 the asset H under managemnt of HDFC MF was Rs. 343,938 crore, thus increasing by 17.79 per cent compared to Rs. 291,985 crore for FY17-18

The Government of India along with the state governments have played a key role in enabling the travel and tourism ecosystem. Strategic initiatives, including relaxed foreign direct investment policies, revamping of the ‘Incredible India’ and other campaigns, and the extension of e-visa to 166 countries have helped expand the nation’s travel and tourism scenario. Coupled with the recent slashes in GST rates for hotels, the tourism industry in India may soon gain momentum, reports Shohini Nath

NIFTY Index Chart Analysis

11710 to act as key resistance for bulls !

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

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 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 

Certain events like the failure of talks in the US-China trade war and the drone attack on Saudi Aramco’s oilfields have proved to be major bumps on an otherwise smooth ride

Will the Positivity Last Long?

September 20, 2019 turned out to be an epic day for the investor community. It was a day that provided much-needed relief and direction which had been getting elusive day-by-day. A sheer 8.5% increase in the Sensex over two days rebuilt the confidence in investors’ minds on the potential of the equity market.

Maruti Suzuki, India’s largest car maker on Wednesday announced reduction in prices of selected models by Rs. 5000. The price cut will be applicable on popular models including all variants of Alto 800, Alto K10, Swift Diesel, Celerio, Baleno Diesel, Ignis, Dzire Diesel, Tour S Diesel, Vitara Brezza and S-Cross.

Be it your insurance agent or a mutual fund distributor, we all have a financial advisor in some way or the other. But, have you ever wondered to break up with your financial advisor? Let’s find out the answer.

Following stocks are close to their 52-weeks low as at 14:58 p.m. on September 25, 2019.

The markets on September 25, 2019 opened gap up. BSE Sensex is trading at 38,640.68, down by 456.46 points and the Nifty is trading at 11,457.85, down by 130.35 points.

Speciality Restaurants informed the exchanges on Wednesday that it has incorporated a wholly owned subsidiary (WOS) company, namely Speciality Hospitality US. Following the development, shares of the company gained over 4 per cent intraday in the first half of Wednesday’s session.

Shares of Morepen Laboratories nosedived nearly 17 per cent on Wednesday after SEBI directed the company to restrain from accessing the security market or dealing in securities for a year.

Overall volumes in futures & options currently stand at 1,99,88,413 contracts with a turnover of Rs. 13,69,102.56 crore.

Overall volumes in futures & options currently stand at 1,99,88,413 contracts with a turnover of Rs. 13,69,102.56 crore.

As the monthly expiry is on cards on Thursday, it may possible to retrace to the extent of 11,470-11,380. Overall, we are likely to see some more cool-off in the index and the opening gap of September 23 to act as strong support. Stocks in news: Bodal Chemicals, RPP Infra Projects, Morepen Laboratories and GOCL Corporation.

SGX Nifty has wobbled in early action, indicating that Dalal Street could be under pressure in early action on Wednesday following negative sentiments from the global peers. 

Bharat Heavy Electricals Limited (BHEL) announced that the state-owned company has successfully commissioned five pumping units of the 7x139 MW Kaleshwaram Lift Irrigation Scheme (LIS) Package 8, in Telangana.

Market watchdog Securities and Exchange Board of India (SEBI) has imposed a total penalty of over Rs. 22 crore on Aurobindo Pharma, its promoter PV Ramprasad Reddy, his wife P Suneela Rani and also other related entities for violating insider trading norms.

Trent Limited on Tuesday informed that the company has agreed to acquire 51 per cent of the share capital of Booker India Private Limited (BIPL) for a consideration of Rs. 22 crore approximately.

Dish TV India is planning to launch android set top boxes. As a result, the shares rallied around 10 per cent intraday on Tuesday.

RPP Infra Projects, on Tuesday, informed the bourses that the company along with its JV partner, has secured a new order worth Rs. 414 crore.

Preparing a budget is the beginning of your financial wellbeing. It helps you to closely monitor your earnings and expenses. If you have made a well thought budget it will help you to achieve your financial goals.

The stocks to watch out on September 25 include Pennar Industries, Adani Enterprises, RPP Infra, InfoBeam Technologies and Centum Electronics.

Consumer face segment would benefit the most, given higher effective tax rates of over 30 per cent, while export-linked sectors such as IT and pharma will benefit the least, accounting for only 5-6 per cent of potential savings. That’s because they already enjoy low effective tax rates. 

Pennar Industries has informed the bourses on Tuesday that it has doubled its Cold Drawn Welded (CDW) tubes manufacturing capacity. Pennar is one of the leading suppliers of CDW tubes to India’s automotive and construction equipment sectors.

Shares of Suven Life Sciences jumped more than 4 per cent after the company announced dose administration of the first patient in a Phase 2A clinical trial of SUVN G-3031, a Histamine H3 receptor inverse agonist in a double-blind, placebo-controlled, parallel-group, multicenter study to evaluate the safety, tolerability, pharmacokinetics, and efficacy of 2 mg and 4 mg SUVN-G3031 compared to placebo in patients with narcolepsy with or without cataplexy.

Following stocks are close to their 52-weeks low as at 14:20 p.m. on September 24, 2019.

The markets on September 24, 2019 opened gap up. BSE Sensex is trading at 38,986.08, down by 103.95 points and the Nifty is trading at 11,559.60, down by 40.60 points. 

Financial literacy is must and it is important to pass it on to the next generation. Here are some of the money values that you can teach your children.

Wipro announced on Monday that it has successfully launched the first phase of noomis, the new platform of FEBRABAN.

The announcement of Hon’ble Finance Minister regarding tax on buy back of listed companies saved buyback tax of many companies including Star Cement.

On Monday, when the indices were touching roof on account of cut in corporate tax, the stock of ZEE Entertainment (ZEEL) was bleeding red as lenders to the Essel group sold pledged promoters’ shares of ZEEL. As per media reports, it is SBI Mutual fund which invoked pledged shares in the company.

Biocon’s subsidiary, Biocon Biologics has acquired R&D capital assets for 60,000 sq. ft. state-of-the-art ‘bench to pilot scale’ Biologics research facility at TICEL Bio Park in Chennai, India.

Overall volumes in futures & options currently stand at 2,03,47,874 contracts with a turnover of Rs. 14,31,999.26 crore.

Overall volumes in futures & options currently stand at 2,03,47,874 contracts with a turnover of Rs. 14,31,999.26 crore.

Monday’s session high of 11,694 would be a crucial level to watch out on the upside as sustaining above this level would open up for further up-move towards level of 11,800 followed by 11,880. Stocks in news: Thomas Cook, Manappuram Finance, TCS, Wipro, Infosys.

Early indication from the SGX Nifty indicates that the domestic benchmark indices are on the way to log hat-trick of gains as at the time of writing the SGX Nifty has surged 56 points to trade at 11,656 levels.

The stock of Amara Raja Batteries limited has given downward sloping trendline breakout on daily scale.

The stock has given breakout of downward sloping channel along with strong volumes. 

Meanwhile, expressing confidence over growth of Indian economy, RBI governor Shaktikanta Das said that GDP numbers for Q2 will be better than the previous one as the government has started spending again. Attributing the 5 per cent GDP growth in Q1 to very low government spending, he said with the Centre opening its coffers again, growth should pick up going forward.

The stocks to watch out on September 24 include BHEL, Alembic Pharma, K.P.R. Mill, Punjab & Sind Bank and Tata Motors.

Everyone desires a worry-free financial life but there are various barriers such as our own behavior, habits, adequate knowledge, etc. So, here are some of the tips how to have a worry-free financial life.

Aleor Dermaceuticals has completed United States Food and Drug Administration (USFDA) inspection at its formulation manufacturing facility located at Karakhadi, Gujarat, India with one observation. The inspection was carried out from 15th September, 2019 to 20th September, 2019.

Paisalo Digital Limited, a leading Systemically Important Non Deposit taking NBFC registered with the Reserve Bank of India, signed its co-origination loan agreement with the Bank of Maharashtra.

Following stocks are close to their 52-weeks low as at 12:43 p.m. on September 23, 2019.

The markets on September 23, 2019 opened gap up. BSE Sensex is trading at 39,432.57, up by 1417.95 points and the Nifty is trading at 11,685.40, up by 411.20 points. 

The company’s sterile manufacturing facility at Verna, Goa, plant II has successfully completed an inspection conducted by the UK Health Regulator, MHRA. The inspection was held from 16th to 20th September 2019 and resulted in 2 observations.

Under the new changes, tariffs upto Rs. 1000 per night will be exempted from GST. Tariff between Rs. 1,001 to Rs. 7,500 per night would now attract tax rate of 12 per cent, from 18 per cent earlier. Tariff above Rs. 7,500 per night would now attract tax rate of 18 per cent, from 28 per cent earlier.

Biocon informed the exchanges on Saturday that the company has received a Form 483 with eight observations for two of its new facilities in Bengaluru.

Overall volumes in futures & options currently stand at 2,96,70,374 contracts with a turnover of Rs. 19,96,254.74 crore.

Overall volumes in futures & options currently stand at 2,96,70,374 contracts with a turnover of Rs. 19,96,254.74 crore. 

The zone of 11,145-11,200 now will act as an important support zone and as long as Nifty holds above this zone, dips should be utilized to initiate long positions and the targets are open towards 11,418-11,468 levels. Stocks in news: Petronet LNG, CIPLA, Vikas Ecotech, Maruti Suzuki, Cox & Kings, Ipca Laboratories.

At the time of writing the SGX Nifty was trading higher by 162 points, above the 11,500 mark.

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

The stocks to watch out on September 23 include Future Supply Chain Solutions, Unichem, Lupin, HUL and RBL Bank.

Alkem Laboratories Limited has acquired an undertaking, as a whole and on a going and running concern basis from Cachet Pharmaceuticals Private Limited, a subsidiary of the company.

In a press release, the company said that the United States Food and Drug Administration (USFDA) has successfully concluded inspection at Unichem Laboratories’ newly commissioned Active Pharmaceutical Ingredients (APIs) facility at Kolhapur in Maharashtra without any FDA form 483 being issued.

The stock has given a bounce from the edge of the rising trendline support and it is coinciding with the 100-week exponential moving average.

The stock of Avenue Supermarts Limited has given ascending triangle breakout on a weekly time frame.

The stock of Tata Consultancy Services Limited has formed the Three Black Crows candlestick pattern on weekly time frame.

On Friday, shares of Lupin closed at Rs. 756 per share, higher by 2 per cent on BSE. The stock had opened at Rs. 742.00 compared to its previous close of Rs. 741.35.

Nifty Bank index, on Friday recorded its biggest single-day gain ever as it surged by 8.31 per cent or 2223.9 points to a level of 28,981.

The positive sentiments are likely to continue and can trigger further buying in the market. The coming week will also see some earnings estimates for H2FY20E and FY21E, which can be higher than any other estimates. The positive sentiments at domestic front, though, will need some support from global markets.

After last few sessions of weakness, the Indian rupee has strengthened against the greenback (US dollar) on Friday.

USFDA has successfully completed an inspection at Anuh Pharma’s facility. Reacting to this news, the shares of the company climbed nearly 14 per cent intraday on Friday.

Strides Pharma Science’s board has approved an additional investment up to a maximum of US$ 40 million over a period of 24 months for a controlling stake in Stelis Biopharma (Stelis). Reacting to this development, shares of the company clocked an intraday gain of over 3 per cent on Friday.

As every coin has a flip side, mutual funds are no different in that sense. Fund managers not only buy but also sell. So, it becomes equally important to know what they are selling. So, let’s find out.

In one of the boldest move, the Finance Minister Nirmala Sitharaman has announced cut in corporate tax rates. It has helped the equity market to register one of the highest single-day gain in last 10 years; however, it has other side too.

Following stocks are close to their 52-weeks low as at 12:28 p.m. on September 20, 2019.

The markets reacted positively to all the announcements made by Finance Minister on Friday as the indices surge by more than 5 per cent intra-day. The tax rate cuts for the corporates are expected to be extremely positive for the economy and hence, will give a much needed boost to the markets.

The markets on September 20, 2019 opened gap up. BSE Sensex is trading at 37,850.52, up by 1760.44 points and the Nifty is trading at 11,218.90, up by 512.90 points.

Markets have reacted positively to the pump priming by the government with the fiscal measure announcements made by Finance Minister Nirmala Sitharaman in Goa on Friday. 

Overall volumes in futures & options currently stand at 4,27,66,696 contracts with a turnover of Rs. 25,76,936.91 crore.

Overall volumes in futures & options currently stand at 4,27,66,696 contracts with a turnover of Rs. 25,76,936.91 crore.

Capital India Finance Limited ("CIFL") has signed a Memorandum of Understanding (MoU) with Union Bank of India ("Union Bank"), for co-origination of loans under the co-origination guidelines prescribed by Reserve Bank of India.

With Thursday’s fall, the 50-share index has decisively closed below the 62 per cent retracement. The next level of strong support is placed at 10580-10455 zones. This support may hold for the September month. Stocks in news: Lux Industries, Yes Bank, Bharat Forge, Adani Transmission, Kolte-Patil Developers and DHFL.

After a severe crash in the last trading session, the Indian benchmark indices will expect a recovery on Friday as positive sentiments are likely to be supported by positive cues from Asian peers and measures announced by the Finance Minister to make liquidity available.Also, the market participants will keep their eyes and ears open to all-important GST Council meet as they pin their hopes on some major announcements that can help to boost consumption and prevent any further deepening of the slowdown in the country.

Axis Bank has opened is Qualified Institutional Placement (QIP) process on Thursday that will help it raise funds worth US$ 1.5 billion to US$ 2 billion (nearly or more than Rs. 14,000 crore).

Laurus Labs Limited informed will acquire Phekolong Pharmaceuticals Pty Ltd, a wholly owned subsidiary company of Pharmacare Limited t/a Aspen Pharmacare, South Africa.

Madhav Infra Projects informed the exchanges, on Wednesday, that the company has secured new orders for road and solar project in Maharashtra.

The United Bank of India announced, on Wednesday, that the Board of Directors of the bank has approved the proposal for raising funds aggregating up to Rs. 3000 crore.

The US Fed has lowered its benchmark rate by 25 basis points in its recent meeting. Read on to find what it means for the Indian market.

Street Talk

The stocks to watch out on September 20 include Nelco, Bharat Forge, Indian Energy Exchange, YES Bank and Zee Entertainment.