We had talked of the bearish reversal in our previous issue and, accordingly, our benchmark index Nifty plunged sharply breaching all the crucial supports and hit below the 11,000-mark.

There is a sense of deja-vu among many stakeholders of the domestic mutual fund industry after the market regulator, Securities and Exchange Board of India (SEBI), capped the expenses of mutual funds and linked them to the assets under management (AUMs). Almost nine years ago, when SEBI had banned the entry load, doomsayers had predicted the end of the mutual fund industry in India. Nine years down the line, mutual fund industry has emerged stronger than ever. The growth in mutual fund industry has been phenomenal. Since year 2009, the domestic AUMs have witnessed an annual growth of 17%. It has increased from around Rs5 lakh crore to Rs25 lakh crore.

In a bid to reign the widening fiscal deficit gap and curb the depreciation of the Indian Rupee, the government has increased import duty on several discretionary goods. The 19 consumer items include air conditioners, refrigerator, washing machines, footwear, jewellery articles, precious metal wares and bath accessories. 

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.

Tata Consultancy Services (TCS), a leading IT service, consulting, and business solutions organization, has announced that TCS BaNCS for Market Infrastructure has been selected by the Kuwait Clearing Company (KCC) for Central Counter Party (CCP) Services.

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

Small-caps have been the reason for portfolio underperformance for most of the investors in 2018. Yogesh Supekar and Dnyanada Kulkarni explore the merits of staying invested in small-caps, while the DSIJ research team recommends top two small-cap stocks to invest in

Does news impact stock prices? If yes, then for how long? Shohini Nath finds out whether the expectation about the movement in stock prices and the expected performance of the companies matter more than the current news in the long run! Read on….. 

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

The market reacted excessively to the contagion risk arising from IL&FS’ defaults and the rising borrowing costs of NBFCs, thereby triggering a dumping of DHFL and other major NBFC stocks.

I would want to thank DSIJ team for the ‘Book Partial Profit’ story published in the previous issue as it proved to be very accurate with the Sensex timeline. Also, the strategy that one should book profits regularly appears to be very sound to me and definitely beneficial for any investor.

Indian markets are down by more than 6 per cent in one month. It is the worst performing market in among the emerging markets even though it remains one of the best performing markets globally on a YTD basis.

Overall volumes in futures & options currently stand at 1.40 crore contracts with a turnover of Rs. 12,29,900.86 crore.

Overall volumes in futures & options currently stand at 1.40 crore contracts with a turnover of Rs. 12,29,900.86 crore.

Going ahead, on the upside, the zone of 11,160-11,180 is likely to provide resistance, while on the downside, immediate support is placed around Wednesday’s session low of 10,993. Stocks in news: HCL Technologies, Torrent Power, Hero Motocorp, SBI, IL&FS Transportation Networks, 5paisa Capital and NBCC.

Today, the start to the F&O series expiry session is likely to be in the green, despite the Asian markets trading on a cautious note. However, as the day progresses, volatility is expected to kick in. The SGX Nifty is trading higher by 35 points at 11,087, indicating a positive start to the day.  
  

The stocks that are likely to witness significant movement on the bourses on September 27 are Torrent Power, Sanwaria Consumer, HCL, Gayatri Projects and SBI. 

Liberty Shoes Limited has announced that the company is expanding its portfolio to become a complete lifestyle brand under Liberty Lifestyle. The company has launched a fragrance line for both men and women. The shares of Liberty Shoes have climbed up by 2 per cent intraday on Wednesday.

Veto Switchgears and Cables Limited received purchase orders worth Rs. 25 crore from Rudai Lighting. The order is for the supply of LED bulbs, lights and panels.

After a recent increase in interest rate by the Government of India, small savings schemes have become lucrative. Read on to find out if you should invest in them.

The IPO of Dinesh Engineers is opening for subscription from September 28 to October 3, 2018. The company is offering 100 lakh equity shares with face value of Rs 10 each. The issue size is Rs 185 crore and the issue price band is between Rs 183-185 per share. The minimum lot size is 80 shares. Post allotment, the company will get listed on both BSE and NSE.

The company has added a 65,000 square meter project in Ghodbunder Road, Thane, near Mumbai. The project will be developed as a modern residential apartments complex.

Infosys Public Services Inc. (IPS), a subsidiary of Infosys, landed a contract worth CAD 80.3 million by Public Services and Procurement Canada (PSPC).

Following stocks are close to their 52-week low as at 1.16 p.m. on September 26, 2018.

When it comes to the advertisement of mutual fund schemes or AMCs (Asset Management Companies) for that matter, we don’t see any celebrities endorsing the mutual fund product, unlike the insurance products. Read on more to find out why is it so.

The markets on September 26, 2018 opened gap up. BSE Sensex is trading at 36,529.05 down by 123.01 points and the Nifty is trading at 11,049.95, down by 17.50 points. 

Himachal Futuristic Communications (HFCL) bagged purchase orders to the tune of Rs. 558.36 crore from Bharat Sanchar Nigam (BSNL) for Pan India Defence Communication Network. Consequently, the share price of HFCL ended higher by 2 per cent on Tuesday.

The stock of Greenply Industries was buzzing on Wednesday with news that the company plans to expand its manufacturing facility in Gabon, West Africa.

Overall volumes in futures & options currently stand at 1.56 crore contracts with a turnover of Rs. 13,66,254.93 crore.

Overall volumes in futures & options currently stand at 1.56 crore contracts with a turnover of Rs. 13,66,254.93 crore.

The company is now providing a live status of applications filed by listed entities for their Schemes of Arrangement on the online filing portal. This provides additional transparency to the listed companies about the status of their filings for schemes on the BSE exchange.

For the day, immediate resistance is placed around the level of 11,100 followed by 11,170, and on the downside, support is seen around the level of 11,020 followed by 10,910.  Stocks in news: Godrej Properties, Minda Industries, Cosmo Films, Blue Dart Express, RITES, Glenmark Pharmaceuticals, NHPC and Yes Bank.

As we enter the penultimate day of the expiry of derivative contracts for September series, we are likely to see an optimistic opening to the trade as cues from the Asian peers are supportive. The SGX Nifty is trading with gains of 56 points at 10,134, indicating a cheerful start to the day. However, we maintain our cautious stance on the markets as volatility is likely to remain elevated ahead of the expiry of September derivative contracts as also the outcome of the US Fed meeting. We would advise traders and investors to remain selective in stock picking.

The stocks most likely to experience significant movement on the bourses on September 26, 2018 are SJVN, Power Finance Corporation (PFC), Greenply Industries Ltd., IL&FS and Infosys.

Uflex, the flexible packaging materials and solution company promoted by Flex International, announced the launch of its E-commerce website under the name FLEX BuzzR. With this, the company has forayed into the online space through its film manufacturing arm Flex Films.

The company received an order worth Rs. 560.90 crore from Piramal Realty Group and a repeat order of Rs. 113.85 crore from Radius Group.

Flair Writing Industries is all set to launch an IPO as it filed a DRHP with SEBI. It aims to raise Rs. 450 crore, of which the fresh issue amounts to Rs. 330 crore, while the remaining Rs. 120 crore pertains to an offer for sale.

The company received World Health Organisation's final approval for anti-HIV drug Efavirenz. The stock hit upper circuit right from pre-opening trading session and was buzzing through the day.

Glenmark Pharma is said to have received zero observations from USFDA for its Baddi plant. The stock opened flat to negative, but bounced back 2.5 per cent in the first 1.5 hours and is currently trading up by 1 per cent at 12:54 hours. 

Road and Infrastructure developer Dilip Buildcon has been declared lowest bidder for a new EPC project Navnera Barrage (Dam) under phase 1/A.

Mutual fund managers follow a certain investing approach and always works around the same and formulate different strategies towards wealth maximization. Likewise, even mutual fund investors follow certain investment strategies. Let’s find out what are the investment strategies for investing in mutual fund.

Parag Milk Foods informed the bourses that the company has launched ‘Kesar dahi’ under Gowardhan brand. The launch would enable the company to enhance its curd portfolio, which is a low margin product.

Following stocks are close to their 52-week low as at 12.56 p.m. on September 25, 2018.

The markets on September 25, 2018 opened down. BSE Sensex is trading at 36,542.50, up by 237.48 points and the Nifty is trading at 11,027.55, up by 60.15 points.

Kolkata-based company, Anmol Industries Limited, has received approval from SEBI for its IPO. Anmol is one of the leading FMCG companies in India. The company had filed its DRHP in June 2018.  

Overall volumes in futures & options currently stand at 1.20 crore contracts with a turnover of Rs. 10,47,636.28 crore.

Overall volumes in futures & options currently stand at 1.20 crore contracts with a turnover of Rs. 10,47,636.28 crore.

The National Company Law Tribunal (NCLT) has ordered the liquidation of Moser Baer India Limited under Section 33(2) of the Insolvency and Bankruptcy Code. NCLT's direction came as the company's Committee of Creditors unanimously agreed for the liquidation of the company.

Going ahead, we believe the zone of 10,752-10,866 is likely to act as a key support. Stocks in news: Canara Bank, Infosys, Kajaria Ceramics, Vakrangee, Zensar Technologies, Dilip Buildcon, Adlabs Entertainment, Dena Bank, HFCL, Yes Bank and Mangalam Drugs and Organics.

The outlook for the day is muted start on the back of lacklustre trading in the Asian markets. The SGX Nifty is trading almost unchanged at 10,991, indicating a flat start to the day.   

The stocks most likely to experience significant movement on the bourses on September 25, 2018 are TVS Motor Company, Ramco Systems, Tata Power, Zensar Technologies, L&T Technology Services (LTTS) and NTPC.

The company has started manufacturing operations at its Halol plant in Gujarat from September 1. The plant will be manufacturing suspension products for OEMs.

Ramco Systems' aviation suite was selected by Advanced Global Resources, LLC (AGR) to manage the IT and supply chain contract of their client the US Army.

Following stocks are close to their 52-week low as at 2.20 p.m. on September 24, 2018.

The markets on September 24, 2018 opened down. BSE Sensex is trading at 36,445.34, down by 396.26 points and the Nifty is trading at 11,011.35, down by 131.75 points. 

Generic Engineering Construction & Projects has bagged multiple orders amounting to an impressive sum of Rs. 273.93 crore. The orders involve work pertaining to the construction of residential buildings in Mumbai and Kalyan, construction of security complex, as well as civil and finishing work for a residential building.

Whether the markets are up or down, the inflows to mutual funds are consistently rising. Thanks to SEBI and AMFI for good promotions. But have you ever thought of how to choose a fund, what parameters to look for, read on to know more...

Gas Authority of India Limited (GAIL) launches commencement of work for Talcher Fertilizers Limited (TFL), coal gasification based urea production facility of TFL is first of its kind project in India, estimated investment Rs. 12,000 crore; output 1.27 MMTPA ‘Neem’ coated urea.

The subsidiary of Mercator, Mercator Petroleum Limited has begun the oil production and dispatch from its first well, Jyoti-1 in Cambay basin. Reacting to the news, shares of the Mercator surged almost 2 per cent intraday on Monday.

L&T Technology Services Limited (LTTS) secured a deal worth US$ 40 million in Europe. LTTS will provide AI and Virtual Reality based Engineering Content Management (ECM) solutions, thereby catering to the industrial products segment of a major technology corporation.

The book building initial public offerings (IPO) of two companies Garden Reach and Manorama Industries are open for subscription. Garden Reach is a PSU shipbuilders, while Manorama Industries is a speciality forest products company.

Overall volumes in futures & options currently stand at 1.49 crore contracts with a turnover of Rs. 13,33,834.52 crore.

Overall volumes in futures & options currently stand at 1.49 crore contracts with a turnover of Rs. 13,33,834.52 crore.

Leading realtor, Godrej Properties Limited (GPL) has added a residential project in Sector 43 Noida. The project is near Noida Golf Course.

Going into trade on Monday, major support for the index is placed around the levels of 11,017-11,025, which is the confluence of 100-day SMA and 61.8 per cent retracement level. Stocks in news: DHFL, Biocon, ICICI Bank, ABB, Tata Steel, ITD Cementation, IL&FS Investment Managers, Sequent Scientific and Galaxy surfactants.

Markets in India are expected to witness a shaky start as cues from Asian peers are negative. The US-China trade tariffs will become effective from today and, as per media reports, China has even refused to sit down on the negotiating table with the US. On the domestic front, traders will keep a watch on rupee, but the debt markets will be closely watched and this is where most of the cues will come from. The SGX Nifty is trading down by 23 points at 11,148, indicating negative start for the day.  

The financial ratios of a company mirror the financial health of a company. But is essential to understand and interpret some of the key financial ratios to accurately gauge the financial health of the company before investing in the stock. Here are some of the key financial ratios that every investor must look at before investing

The expenses incurred on medical care and nursing of dependents with specified disabilities can be claimed as deduction under the Income Tax Act. The deduction is available for medical expenses incurred towards nursing, training and rehabilitation of the disabled dependent.

The Securities and Exchange Board of India (SEBI) has approved a slew of proposals aimed at boosting portfolio investments in stock and commodity derivatives markets.

SEBI has mooted revised framework for settlement of cases and has proposed new KYC norms for FPIs.

The Central government plans to introduce geo-tagging of registered offices of companies in their statutory filings with the Registrar of Companies.

The abrupt and unexpected crash in the market on Friday caused panic among the investors who were totally dumbstruck by the sudden precipitous fall in the markets. 

The rating agency CRISIL has upgraded the ratings of Muthoot HomeFin India Ltd (MHIL) term loans, working capital demand loan and proposed long term bank facility to ’CRISIL AA/Stable’ from ’CRISIL AA-/Stable’.  

The shares of NBFCs experienced sudden and heavy selling pressure on Friday. The rising cost of borrowing of housing finance companies is a major concern for the investors. 

Despite a huge turmoil in the benchmark indices, majorly led by the NBFCs which also dragged the Nifty IT index 1.4 per cent, the giants TCS and Wipro maintained upsurge and hit record high levels.

Many investors start investing through SIP or lumpsum into mutual funds and just forget about it. But it is important to maintain the desired asset allocation. So it is important to re-balance your mutual fund portfolio to maintain the required level of asset allocation. Read on more to find out what is re-balancing and why is it important.

Brent oil prices witnessed bottom fishing at 70.30 levels in the mid-August 2018 and thereby gave a bounce-back near to its important resistance levels. The prices surged 14 per cent from the said low to a high of 80.13 hit on September 12, 2018.  

Update on NFO (New Fund Offer) that are currently open for subscription.

Aavas Financiers plans to raise up to Rs. 1734 cr through offer for sale (OFS) and fresh issue of shares. The OFS includes sale of 1.6 cr shares with face value of Rs 10. The fresh issue will be to raise ~Rs.400 cr by issuing ~48.7 lakh shares. The price band is Rs.818 – Rs.821 per equity share. The offer opens from Sep 25- Sep 28.

Steel Authority of India has announced that it has nearly completed its modernisation and expansion of Rs 72,000 crore. The modernisation and expansion programme was undertaken by the company to increase its capacity to 21 million tonnes per annum (MTPA).

Strides Pharma’s stock jumped 3.5 per cent during Friday’s opening trade as the decision to merge Arrow and Apotex did not face opposition by the Australian Competition and Consumer Commission (ACCC).

Gravita India Limited, a leading recycling company, has said that the company has expanded the capacity of its existing plant located at Chittoor, Andhra Pradesh, by installing new washing line and PPCP granules extrusion lines having annual capacity of 4,800 MTPA.

Dilip Buildcon has emerged as the L-1 bidder for the Indore metro project. Post the news, the company's stock rose by over 2 per cent intra-day on Friday. 

At 12.30 pm, the HFC's saw decline of more than 20% across the board. The pack was led by DHFL which corrected by more than 50% followed by YES bank which fell  by more than 25%. 

Following stocks are close to their 52-week low as at 12.18 p.m. on September 21, 2018.

The markets on September 21, 2018 opened up. BSE Sensex is trading at 37,364.64, up by 243.42 points and the Nifty is trading at 11,293.45, up by 59.10 points. 

Overall volumes in futures & options currently stand at 2.03 crore contracts with a turnover of Rs. 20,50,327.67 crore.

Overall volumes in futures & options currently stand at 2.03 crore contracts with a turnover of Rs. 20,50,327.67 crore.

Have you ever held an insurance policy which claimed to be for the benefit of your child? Or you might have heard of such insurance policies. Mutual funds also have product focusing of children. Read on to find out about it.

The growth has moderated for the mutual funds in their equity funds in the last few months. Besides, there is also an increase in the weight of defensives and decline in the weight of cyclicals in the overall portfolio of equity mutual funds.

Going ahead, the level of 11,200 is likely to act as an immediate support for the Nifty, followed by the important support placed in the region of 11,170-11,160, whereas on the upside, the levels of 11,280, followed by 11,310, are likely to act as near term hurdles for the index.  Stocks in news: Yes Bank, Clariant chemicals, ICICI Bank, Strides Pharma Science, Graphite India, NBCC, Manali Petrochemicals, Gravita, ITC, Max India and Dilip Buildcon.

Indian markets are expected to start the final trading session of the week with an uptick as cues from the global markets are positive. The SGX Nifty is trading up by 42 points at 11,354, indicating positive start for the day. However, it would be interesting to see how the market shapes up as the day progresses, because lately we have seen that after a positive start, market pares it gains and selling pressure intensifies in the last leg of trading. Would it be a replica of the previous trading session or would the bulls return to the scene? The answer to this would depend a lot on the rupee movement. 

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

High risk taking investors can take exposure in Monsanto India (BSE Code 524084).

Technical Analysis of 1 Stock (with 15 days horizon)

Review on 2 stocks recommended in past.

Fundamental Analysis of 2 Stocks (with 180 days horizon)

Sector And Stock-Specific Events May Present Buying Opportunities

Moody’s retains Yes Bank’s issuer, deposit and unsecured debt rating at ‘Baa3/P-3' with stable outlook, despite a change in leadership set to take place next year.

Many investors are impressed with the returns generated by equity in the past and are shifting their existing investments from gold and fixed deposits to direct equity or to equity oriented mutual funds. One must not rely a single asset class but follow a proper asset allocation. What is asset allocation and why is it important. Read on more to find out.

TVS Motor Company announced its association with leading distributor in the Mexican region, Torino Motors, a subsidiary of Groupo Autofin.