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.

Last week, it was the time on the Dalal Street when market participants had started showing optimism about the stock markets and the market breadth also started to reflect signs of bottoming out.

Fundamental

Review

Nifty has dropped by 380 points or 3.43 per cent from the Friday’s high. Two days of sharp declines, witnessed this week, has eroded investors’ wealth heavily. As we are cautioning for the last few weeks, the consolidation phase has ended, and now, resumed the decisive downtrend.

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 the long-term trend of a security.

TD Cementation India Ltd is currently trading at Rs. 62.20. It touched its 52-week high/lowat Rs. 143.40/Rs. 61.20 on March 12, 2019 and September 19, 2019 respectively. The stock had given breakdown of upward sloping trendline as on weekend of March 09, 2018 and thereafter, it has marked the sequence of lower tops and lower bottoms. 

Following stocks are close to their 52-weeks low as at 15:14 pm on September 19, 2019.

The markets on September 19, 2019 opened gap down. BSE Sensex is trading at 36,111.18, down by 452.70 points and the Nifty is trading at 10,709.10, down by 131.55 points. 

When it comes to investment, people are in search of such products that can give them the best returns. So, which asset class gives the best returns? Let’s find out.

Lupin Limited informed the exchanges on Thursday that the company has received a warning letter from the USFDA for its Mandideep (Unit -1) facility.

Overall volumes in futures & options currently stand at 2,29,79,684 contracts with a turnover of Rs. 14,33,688.44 crore.

Overall volumes in futures & options currently stand at 2,29,79,684 contracts with a turnover of Rs. 14,33,688.44 crore.

All eyes would be on the all-important support level of 10,740 and any breach of this level would open more doors for steeper slide and we may find Nifty retesting its panic low of August (10,637) in the coming days. On the other hand, the bulls will have a task on their hand and for starters they have to crawl back above the 10,890 mark to regain strength. Stocks in news: Tata Communications, Madhav Infra Projects, Reliance Capital, RITES, Laurus Labs, Reliance Industries.

At the time of writing, the SGX Nifty was trading down by 10 points at 10,846 mark.

The technology services company, Mindtree, on Wednesday, announced the release of its ‘merchant on-boarding solution' for acquirer banks and payment service providers. In order to enable financial institutions with that facilitate credit card or debit payments to more quickly, seamlessly and securely onboard merchants as customer it uses hyperledger fabric blockchain technology.

The stocks to watch out on September 19 include ITC, Godfrey Phillips, Rites, Endurance Technologies, MindTree and Britannia.

RITES Limited has signed the contract for supply of two additional fully air-conditioned Diesel Multiple Unit train sets, for US$ 22.4 million (Rs. 160 crore) with the Ministry of Transport and Civil Aviation, Government of Sri Lanka, on September 17, 2019.

Dilip Buildcon Ltd informed on Wednesday the exchanges that the company is entitled for a bonus of Rs. 3.564 crore for earlier completion of project.

Following stocks are close to their 52-weeks low as at 14:22 p.m. on September 18, 2019.

The markets on September 18, 2019 opened gap up. BSE Sensex is trading at 36,610.55, up by 129.46 points and the Nifty is trading at 10,855.70, up by 38.10 points.

Bharat Forge America, Inc., the wholly owned subsidiary of Bharat Forge Limited is setting up a green-field forging and machining facility in North Carolina.

Mahindra and Mahindra (M&M) informed the exchanges on Wednesday that it has incorporated Mahindra Bangladesh Private Limited as its wholly owned subsidiary.

Bajaj Finance has got the approval for raising of capital through a Qualified Institutions Placement ("QIP") for an aggregate amount not exceeding Rs. 8,500 crore.

Jump Networks Limited has signed an annual digital services agreement of minimum guaranteed revenues of Rs. 100 crore to provide wholesale Voice over Internet Protocol (VoIP) services.

Financial planner is someone who is expert in financial planning. But when should you approach a financial planner? Let’s find out.

With response to this development, the stock of Dixon Technologies surged nearly 6 per cent to touch intra-day high of Rs. 2597.90. Consumer electronics accounts for nearly 40 per cent of the company’s revenues in FY19. Dixon’s revenue from consumer electronics segment (LED TV) in Q1FY20 jumped 129 per cent yoy to Rs. 510 crore.

Overall volumes in futures & options currently stand at 2,11,90,731 contracts with a turnover of Rs. 13,66,981.65 crore.

Overall volumes in futures & options currently stand at 2,11,90,731 contracts with a turnover of Rs. 13,66,981.65 crore.

Shares of L&T Finance Holdings fell 3.21 per cent at closing hours on Tuesday, however, it will be in focus in the upcoming session on fund raising announcement.

The key level to watch out is the 10,740 mark. Any breach of this level would open more doors for steeper slide and we could see a re-test of swing low of August (10,637) in the coming days. Meanwhile, on the upside, immediate resistance is seen at 10,980 levels and only on a close above the same may change the set-up differently. Stocks in news: Sunteck Realty, Hindalco Industries, Gujarat Alkalies and Chemicals, GHCL, Ahluwalia Contracts, Bajaj Finance, Balmer Lawire, Coffee Day.

At the time of writing, the SGX Nifty was trading higher by 47 points at 10,889 mark.

Investors remain concerned with the Reserve Bank of India (RBI) Governor Shaktikanta Das’ statement that India's current account and fiscal deficit could take a hit if oil prices continue to rise after an attack on Saudi Arabian oil facilities over the weekend.

Ahluwalia Contracts on Tuesday informed the bourses that it has bagged order worth Rs. 497.36 crore. Of this amount, Rs. 407 crore includes construction of Medical College (Civil Works) and rest includes other orders.

Sunteck Realty Limited has acquired a prime project near Mumbai’s Lokhandwala, Off New Link Road,  Andheri (West) with the potential for development of approx. 1.1 mn sq.ft in saleable area and a revenue of over Rs. 2,500 crore in the next 4-5 years.

The stocks to watch out for September 18 include SMS Lifesciences India, Gujarat Alkalies, Bharti Airtel, Glenmark and Ahluwalia Contracts.

The stock  of NACL Industries closed at Rs. 27.15, down by 1.09 per cent, as the company received positive verdict on an insurance claim.

The stock formed bearish engulfing candle on the daily scale after touching the 100-day SMA level, which suggests that bears are taking control near the short term resistance.

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

Tata communications on Tuesday informed that the company has partnered with Creditpilot for offering mobile and digital financial services to mobile operators.

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.