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.

The mutual fund investors of both equity and debt categories have been suffering and struggling for a while to get better returns. The fall in equity market and few major credit events in the last one year have adversely impacted the performance of these two respective categories of mutual funds.

Overall volumes in futures & options currently stand at 1,72,14,951 contracts with a turnover of Rs. 10,75,053.16 crore.

Overall volumes in futures & options currently stand at 1,72,14,951 contracts with a turnover of Rs. 10,75,053.16 crore.

Heritage Foods Limited informed the exchange that it has signed Memorandum of Understanding (MOU) with State Bank of India, Bank of Baroda and Indian Bank to provide dairy loans to farmers through the lenders’ branches across the country.

The Wednesday’s high of 11055 is critical for the bulls to continue the rally. If it is unable to surpass this level, then there are chances of entering into a corrective to sideways phase where 10,980 is likely to act as a support level. Any close below 10,980 will lead to a fall up to the level of 10,800. Stocks in news: Datamatics Global Services, Walchandnagar Industries, Kridhan Infra, Alkem Laboratories, SBI Life Insurance.

At the time of writing, the SGX Nifty was up by 34 points trading at 11,071 level.

Net inflows into equity mutual funds have increased in the month of August despite volatility in the equity market. This shows how Indian equity investors have matured.

Pharmaceutical company Sanofi informed the bourses that the Board of Directors of Sanofi india Limited (SIL) has approved slump sales and transfer of its manufacturing facility at Ankleshwar, Gujarat to Zentiva for Rs. 261.7 crore.

JSW Steel has reported Crude Steel production at 12.53 lakh tonnes (LT) for August 2019, registering a fall of 13 per cent over corresponding month of previous year.

US-based private equity firm Advent International Corporation has made an open offer to acquire 26 per cent share of DFM Foods for an offer price of Rs. 249.50 per equity share. Reacting to this, the stock of DFM Foods fell by almost 8 per cent on BSE.

The stocks to watch out on September 12 include Cyient, Tata Motors, Dr. Reddy’s, Yes Bank, Sasken Technologies and L&T Finance.

Mumbai based infra company, Generic Engineering Construction and Projects, informed on Wednesday that it has secured the orders worth Rs. 299 crore.

Cyient, a global engineering and technology solutions company, on Wednesday announced that it has signed a Memorandum of Understanding (MoU) with Qinetiq Target Systems (QTS), a UK-based defense technology firm.

Bharat Heavy Electricals Limited (BHEL) has successfully commissioned the 1320 MW IB Thermal Power Station (2x660MW).

Strides Pharma Science Limited (Strides) on Wednesday announced that Strides Pharma Global Pte Ltd (SPG), a stepdown subsidiary of the company has acquired a majority stake in Fairmed Healthcare AG (Fairmed).

Power Mech Projects Limited informed the exchanges that it has bagged orders worth Rs. 275 crores. The orders are for various projects that include –

Following stocks are close to their 52-weeks low as at 14:06 p.m. on September 11, 2019.

The markets on September 11, 2019 opened gap up. BSE Sensex is trading at 37,294.53, up by 149.08 points and the Nifty is trading at 11,045.35, up by 47.80 points.

Shares of India Motor Parts & Accessories Ltd (IMPAL) on Wednesday jumped nearly 12 per cent to touch fresh 52-week high of Rs. 999.00 on the BSE.

Your credit report is important as lenders use it to gauge your credit health. So, here are some of the reasons you should consider for reviewing your credit report.

Engineering & construction mammoth Larsen & Toubro today informed the bourses that it’s Buildings and Factories business (L&T Oman) has been awarded the main works contract of The Mandarin Oriental, Muscat by Eagle Hills, Muscat. 

Cheering this development, the stock of Premier Explosives on Wednesday jumped more than 12 per cent to hit an intraday high of Rs. 186.0 on the BSE.

Overall volumes in futures & options currently stand at 1,49,41,173 contracts with a turnover of Rs. 9,62,307.43 crore.

Overall volumes in futures & options currently stand at 1,49,41,173 contracts with a turnover of Rs. 9,62,307.43 crore.

The initial resistance and parallel highs or neckline for inverted head and shoulders is placed at 11146. The 50-EMA is placed at 11174 and 38.2 retracement level of June 3 to August 23 fall is placed at 11197. In case Nifty is able to clear all these resistances, it will gain bullish strength. Stocks in news: Piramal Enterprises, Yes Bank, JSW Energy, Meghmani Organics, Voltas, SML Isuzu, ZEEL, Glenmark Pharmaceuticals, Tata Motors, Sun Pharmaceutical.

At the time of writing, the SGX Nifty was trading higher by 49 points at the 11,020 level.

Voltas Limited has formed partnership with Tata Power to promote energy efficient ACs in Mumbai. The partnership is in line with the Group’s energy conversation drive.

Shree Pushkar Chemicals & Fertilisers Ltd. (SPCFL) has launched its new range of reactive dyes for the textile industry in Bangladesh under the brand name of Dyecol.

Tata consultancy Services (TCS) Limited, a leading global IT company took its long standing partnership with Cisco to a new level by setting up a Center of Excellence (CoE) to develop digital solutions that leverage Cisco’s DNA-C platform.

The stock of Bajaj-Auto Limited has formed Descending Hawk candlestick pattern on daily time frame.

The stock of HCL Technologies Limited has formed the Three Black Crows candlestick pattern on daily time frame.

Gail (India) Limited has been picked up by our Bollinger Band Squeeze scanner which suggests that the stock is near a consolidation breakout.

Reliance Capital will offload up to 1.93 crore shares, representing 3.15 per cent equity, in Reliance Nippon Life Asset Management (RNAM) for over Rs. 505 crore on stock exchanges through 'Offer for Sale' route on Wednesday and Thursday.

On Monday, Varun Beverages informed the bourses that its board of directors has approved the acquisition of 20 per cent equity stake in Lunarmech Technologies Private Limited where it has already invested. 

HCL Technologies announced that it will acquire 100 per cent stake in Sankalp Semiconductor, a semiconductor design services provider, for Rs.180 crore.

When it comes to investing, it is important to first consult your financial planner before taking any investment decisions. Here are some of the things that you should ask your financial planner before investing.

Glenmark Pharmaceuticals Inc., USA (Glenmark) has been granted final approval by the United States Food & Drug Administration (USFDA) for Clobetasol Propionate Foam, 0.05% (Emulsion Formulation), a generic version of Olux 1‐E Foam, 0.05%, of Mylan Pharmaceuticals Inc.

In a meeting of the Executive Committee, Coffee Day Enterprises Limited (CEDL) decided to appoint IDFC Securities as the advisor of the company and its subsidiaries. Reacting to this development the stock of the company surged 5 per cent to hit upper circuit on the BSE.

The stocks to watch out on September 11 include Eveready Industries, Skipper, Meghmani Organics and Lupin.

Infosys in collaboration with Microsoft, on Monday announced a long-term strategic partnership with JG Summit Holdings, Inc, one of the largest and most diversified conglomerates, headquartered in Manila, Philippines.

The total capex for the said project is amounted to Rs. 275 crore and is likely to generate revenue of around Rs. 460 crore per annum. With commencement of this plant, Meghmani will become first manufacturer of Epichlorohydrin in India which is currently entirely imported to India. This project would further drive the demand for this product, going ahead.

The construction arm of Larsen & Toubro (L&T), L&T Construction’s Buildings & Factories business has secured a residential project from City and Industrial Development Corporation of Maharashtra (CIDCO).

NBCC has received a Letter of Award (LoA) of work from Indian Institute of Management (IIM) Sambalpur. The shares of the company rose 5.7 per cent intraday on the BSE.

During Q1FY20, the company had secured new orders worth Rs. 185 crores for engineering products from projects related to Power Grid Corporation of India Limited (PGCIL), State Electricity Boards and others. The order book of Skipper, as on June 30, 2019, stood at Rs. 2363 crores which comprises of Exports-17 per cent and Domestic- 83 per cent.

The company received USFDA approval for Ethacrynic Acid Tablets USP, 25 mg, from the United States Food and Drug Administration (USFDA). Lupin’s Ethacrynic Acid Tablets USP, 25 mg, is the generic version of Edecrin Tablets, 25 mg, of Bausch Health Americas, Inc.

The above mentioned work of contract shall resume by September 12, 2019. The total contract value of the same stood at Rs. 382.22 crore, out of which contract worth Rs. 213.24 was already completed. Value of the remaining work balance stood at Rs. 168.98 crore.

L&T Technology Services Limited (LTTS) is selected by a European automotive manufacturer for its electric Powertrain (ePowertrain) practice. The company is responsible for the functional qualification of the ePowertrain ECUs (Electronics Control Unit).

The stock of Somany Ceramics on Monday was locked in lower circuit of Rs. 228.80 apiece, down by nearly 20 per cent from its previous close. The reason for this fall is bounce of cheque amounting to Rs. 26.2 crore issued in favour of Somany Ceramics by stockbroker Mentor Financial Services Private Limited.

Following stocks are close to their 52-weeks low as at 13:15 p.m. on September 09, 2019.

The markets on September 09, 2019 opened gap down. BSE Sensex is trading at 37,229.10, up by 247.33 points and the Nifty is trading at 11,024.05, up by 77.85 points.

Be it pre-retirement phase or retirement phase, having a passive income can help you financially to accomplish things that you desire. So, here are some of the passive income sources that you may consider to build your wealth.

PSU lender Canara Bank on Friday stated that it has started inviting bids to sell 30 per cent stake in its housing finance subsidiary Can Fin Homes Ltd.

USFDA has concluded inspection at Shilpa Medicare’s facility. The shares gained over 4 per cent on Monday morning.

According to the resolution plan, Ramdev Baba’s company will be infusing Rs. 204.75 crore as equity and Rs. 3,233.36 crore as debt. Additionally, it will infuse another Rs. 900 crore through the subscription of non-convertible debentures and preference shares in the SPV. Also, it will provide a credit guarantee of nearly Rs. 12 crore.

Overall volumes in futures & options currently stand at 1,00,80,814 contracts with a turnover of Rs. 6,43,321.69 crore.

Overall volumes in futures & options currently stand at 1,00,80,814 contracts with a turnover of Rs. 6,43,321.69 crore.

The first task for the bulls would be to cross the immediate hurdle of 10,958 and sustain above this hurdle. If Nifty sustains above the 21-DMA, the target is intact at 11,150, followed by 11,181. Stocks in news: Equitas Holding, Canara Bank, Avenue Supermarts, Wipro, NBCC, Vivimed Labs.

At the time of writing, the SGX Nifty was up by 5 points and trading at 10,964 level.

The stocks to watch out on September 9 include IHFL, Ashok Leyland, ICICI Lombard, Oriental Bank of Commerce and Lupin.

Indian equity benchmarks Sensex and Nifty closed the week at 36,981.77 and 10,946.20, respectively, logging weekly losses of 0.94 per cent and 0.70 per cent, respectively.

The Chennai headquartered automaker will be observing five non-working days starting from September 6, 2019, at its plant in Chennai. The reason behind this move is the sluggishness in the economy and the demand contraction in the auto sector.

Lupin announced on Friday that it has received approval from USFDA for Fosaprepitant for Injection. The shares of Lupin gained over 1 per cent on BSE.

The shares of Unichem jumped 5 per cent after the company announced a successful USFDA inspection.

Be positive with the sector and select strong stocks for portfolio building.

The stock of REC Ltd has given a downward sloping trendline breakout on Friday, formed by connecting swing highs from July 16, 2019.

Mukesh Ambani, Chairman and Managing Director, Reliance Industries Limited announced on Thursday that Jio Fiber Services would be available on commercial basis from September 5th, across the 1600 cities in India.

On Thursday, the stock has given breakout above the neckline of double bottom formation, backed by relatively higher volumes.

Mumbai-based infrastructure company, Capacit’e infra bagged new order worth Rs. 4502 crore for construction work of road stretch in Navi Mumbai.

Mumbai based infrastructure company, J Kumar Infraprojects, announced in a stock exchange filing that it has secured a Letter of Acceptance (LoA) from CIDCO, on Friday.

Indian mutual fund industry is growing at a remarkable pace. However, many of the metrics used to gauge the performance of mutual funds show that penetration is lower. To address this, do we need more mutual fund AMCs?

Prabhat Dairy Limited on Friday informed that some of their promoters expressed their willingness to acquire 49.90 per cent of the paid-up equity shares capital that are presently held by public share holders. Cheering this news, shares of Prabhat Dairy surged 20 per cent to hit upper circuit limit at Rs. 78.15 on BSE.

The country’s largest PSU, Bharat Heavy Electricals Limited (BHEL), on Friday, informed in stock exchanges filing that it has secured the order for emission control equipment. Reacting to this news, the stock of BHEL inched higher on BSE.

Following stocks are close to their 52-weeks low as at 13:20 p.m. on September 06, 2019.

The markets on September 06, 2019 opened gap down. BSE Sensex is trading at 36,957.55, up by 313.13 points and the Nifty is trading at 10,931.20, up by 83.30 points.

SRF Limited has obtained ASHRAE (American Society of Heating, Refrigeration, Air-conditioning Engineers) certification for R-467A, its new low GWP refrigerant blend for stationary air-conditioning Application.

India’s one of the largest multiplex operators, INOX Leisure, announced on Friday that it has further expanded its presence to Punjab province.

Tech Mahindra has expanded its strategic collaboration with AT&T. Shares of Tech Mahindra posted gains of 4 percent in the opening bell of the Friday trading session.

According to the data released by Department for Promotion of Industry and Internal Trade, foreign direct investment (FDI) in equity into India surged 28 per cent to US$ 16.33 billion (Rs. 1,13,511 crore) during the April-June quarter of 2019-20. Total FDI (Equity inflows, re-invested earnings and other capital) during Q1FY20 stood at US$ 21.31 billion. 

Post the union budget presented by Nirmala Sitharaman in the month of July and with uncertainty glooming over global markets post US-China trade war fears, Indian markets have turned volatile. In such scenario, let’s find out which sectors ranked top on mutual funds’ list in past four months.

Edelweiss Financial Services Limited has informed the exchange that its subsidiary ECL Finance Limited has signed a Co-Origination agreement with State Bank of India (SBI), to increase access to credit for Micro, Small and Medium Enterprises (MSMEs).

Overall volumes in futures & options currently stand at 4,37,11,458 contracts with a turnover of Rs. 26,49,217.73 crore.

Overall volumes in futures & options currently stand at 4,37,11,458 contracts with a turnover of Rs. 26,49,217.73 crore.

As long as the 20-EMA (10,987) is not breached, better maintain a bearish bias. Any close below the Wednesday’s session low (10,746) will lead to a sharp downside. Above 10,987, the target is intact at 11,150-11,200 levels. Stocks in news: Tech Mahindra, TCS, Reliance Industries, Indiabulls Housing Finance, Havells, Prabhat Dairy, Datamatics Global Services, Bajaj Finance.

At the time of writing, the SGX Nifty had gained 36 points and was trading at the 10,898 level.

Infosys on Thursday revealed the market research titled “Assuring Digital-Trust’’. This market research is aimed at understanding the current cyber security landscape and how enterprises are gearing up to safeguard themselves from evolving themselves.

Market participants paid no heed towards domestic credit rating agency CRISIL's cut in India’s GDP growth forecast in the current financial year (FY20) to 6.3 per cent from its earlier forecast of 6.9 per cent.

Bangalore International Airport Limited (BIAL) has formed strategic technology partnership with Datamatics Global Services Limited (DGSL) to transform BIAL into a future-ready digital organization. This involves automating and digitizing more than 170 processes across the organization.

Glenmark Pharmaceuticals announced that it has initiated the process of reorganising itself into three different entities. The shares of the company rose 2.3 per cent intraday post the announcement on Thursday.

Aditya Birla Capital, one of the largest financial services players in India has received approval from the board of directors to raise Rs. 2,100 crore. Shares of ABCL gained over 2 per cent intraday.

Dr. Reddy’s Laboratories Limited has announced the launch of Bupropion Hydrochloride Extended-Release Tablets, USP (SR), a therapeutically equivalent generic version of Zyban (Bupropion Hydrochloride) Extended-Release Tablets, approved by the U.S. Food and Drug Administration (USFDA).

Cochin Shipyard, on Thursday, informed the bourses that it has bagged order for building 23 boats for the Kochi Water Metro Project from Kochi Metro Rail Limited (KMRL).

When it comes to retirement, most people think that their children will take care of all the things in retirement. But that does not happen always. So, you need to childproof your retirement. Let’s find out how can you to achieve it.

Following stocks are close to their 52-weeks low as at 14:10 p.m. on September 05, 2019.

The markets on September 05, 2019 opened gap down. BSE Sensex is trading at 36,601.03, down by 117.71 points and the Nifty is trading at 10,826.55, down by 18.10 points.

Power Grid Corporation of India Limited has been declared the successful bidder under tariff based competitive bidding to establish transmission system for intrastate transmission work of 400 kV and 220 kV in Madhya Pradesh.