A key positive would be a much-needed increase in FDI limits for PSU banks from the current 20%, which will help set the stage for potentially mobilising a large divestment pool, while also being aligned with intended reforms in the sector.

The government has been unable to proceed with the strategic disinvestment of Bharat Petroleum Corp, Container Corporation of India, and Shipping Corporation of India due to regulatory challenges and adverse market conditions.

While IDBI Bank is in the process of divestment, with the government having already invited bids for strategic sale, the completion of the same in the current fiscal year remains doubtful.

“In 2018, I got carried away and I have paid a heavy price for that and the investors who invested with us in 2017 at the peak of that small-midcap strategy are yet to recover fully. So people may make mistakes on the valuations and growth front. It is a very tricky thing that is why equity is such a dynamic investment avenue.”

Many times there is a demand for the stock as well, so you cannot say that the stock will not be available. But as I said that we will always keep in mind the interest of minority shareholders and will advise all the departments as well as the CPSEs to keep on adding value to their company, look at their performance and disinvestment strategy.

Stocks from the Railways, infrastructure, defence, divestment and renewables segments would be in focus.

The government may revive the proposal to sell stakes in more PSU banks in the next year’s Budget along with the divestment of BPCL which got stalled in the current fiscal

I think we keep getting this kind of block deals in the market and no doubt the size over here is a bit higher. But I think if the pricing is good there is enough appetite amongst the institutional investors and also some of the HNIs.

An upmove in these stocks is largely due to tactical buying ahead of the upcoming Union Budget. Additionally, decent growth visibility because of a likely increase in railway capital expenditure has also propped up sentiment for the sector.

BEML, formerly Bharat Earth Movers Limited, is a public sector undertaking headquartered in Bengaluru. It manufactures a variety of heavy equipment, such as that used for earth moving, transport and mining.

" For Yes Bank, the near-term support of Rs 15 is looking strong and maintaining above the significant 50 EMA level of Rs 15.90 would imply a further upward move for short-term targets of Rs 18-19 levels. Further, if a decisive breakout occurs, then one can anticipate fresh further upside moves."

"All the items included in the lists will be procured from indigenous sources as per provisions given in Defence Acquisition Procedure (DAP) 2020. This list provides continuous impetus towards self-reliance in defence," MoD said in a release on Wednesday.

Defence companies could be a beneficiary of the Indian government's thrust on domestic manufacturing while geopolitical tensions across the globe could also make the sector an exciting play

Swelling order books from the ministry of defence have caused defence stocks to surge. With comfortable valuations, better outlook on profitability led by a higher indigenization theme, and better operating leverage, analysts are bullish on stocks such as HAL, BEL, Bharat Dynamics, and Garden Reach, among others.

The company fixed the issuance ratio at 1:1 which means that the eligible shareholders of BEML will get one equity share of newly listed BEML Land Assets for every share of BEML held by them.

A delay in the strategic sale of Pawan Hans, Shipping Corporation of India, BEML and IDBI Bank, and less-than-expected public offer of Life Insurance Corporation of India had forced the government to fix the focus on HZL. The strategic sale of Bharat Petroleum Corp has been aborted because of a lack of response.

After a troublesome summer in June, July and August both proved positive for the equity market. In August, Nifty Smallcap and Nifty Midcap indices gained 5 per cent and 6 per cent, respectively, for the month.Nifty Energy and Metal were the top sectoral performers gaining over 8 per cent each during the month.

BEML rose 44.87 per cent for the month to Rs 1,846.50 from Rs 1,274.55 level in June end. Analysts have been positive on the stock as the demerger process has picked up pace and strategic disinvestment is on the cards. Analysts noted that the companys order book of Rs 9,100 crore provides revenue visibility for the next 2-3 years. JSW Energy soared 43.11 per cent for the month to Rs 341.05 against Rs 238.30 level last month.

“Now one has to look at new stocks but there is definitely going to be some period of volatility and with interest rates the way they are looking, one need to look at stocks which are going to benefit from the commodity correction and where the order books are good and where we have a visibility for the next two-three years of earnings.”

The government is evaluating all prospective candidates and a decision will be taken based on market conditions, the official said, adding that EoIs for the IDBI Bank disinvestment will also be invited soon.

The official said that every shareholder of BEML will get shares in BEML Land Assets and the process of demerger would be completed by the end of September or early October.

The official said that every shareholder of BEML will get shares in BEML Land Assets and the process of demerger would be completed by the end of September or early October. "Once the demerger process gets over by September-end or by early October, the financial bids for strategic sale of BEML would be invited," said official.

"Trading looks lucrative, but it is not easy to make money in trading because you have to deal with your emotions along with market volatility to make money and data tells that less than 10% of active traders make money. Trading requires a different mindset and skills; therefore, you should start it part-time to understand whether it is working for you or not and then gradually you can move to full-time trading."

Jhunjhunwala once said 98 per cent of the money that he made in the stock market was by being a bull. When there's doom and gloom, don't forget there's darkness before dawn, he said the other day. His ever-bullish call on Indian stocks earned him titles such as “The Big Bull” or “Indias Warren Buffett” among his admirers. And rightly so

The price action indicates that the counter is poised for Rs 350 till the time it is sustaining above Rs 275. Thus, we advise investors to accumulate the stock in the range of Rs 308-300 with a stop loss of Rs 285 for the upside target of Rs 345 in 1 – 3 months.

“I have been looking at companies with high dividends and that is somewhere where you can definitely be. MNCs are starting to pay high dividends because they want to try and take money out of the country and PSUs also because the government also needs money. Those sectors also can be looked at. We are getting some companies which are giving 4-5% dividend yields which are good.”.

Foreign portfolio investors' (FPIs) stake in National Aluminium increased from 13.30% to 16.71% between January and June, while in Hindustan Aeronautics, their stake rose from 3.15% to 5.56%. In Oil India, FPIs increase their stake from 10.11% to 12.42%. Similarly, these investors increased their stake in RCF, BEML, Chennai Petro, Engineers India, Shipping Corporation, Bharat Dynamics, and Mazagon Dock, among others.

“Ultimately markets are a slave of earnings. So despite all the flows which are happening in largecap funds or the ETF money going into the largecap companies, TCS is at a 52-week low, more than 20% off from the top. Ultimately it is all about how companies do or the economy does and how the overall earnings picture is.”

“It is positive news for the integrated textile players and particularly the ones having a good presence in the export market. KPR Mills, Vardhaman Textiles, Himatsingka Seide Ltd are some of the names where we expect some positive ruboff. Among FMCG stocks, number one is Godrej Consumer Products followed by HUL and Dabur. The fourth would be Britannia.”

“Trading and investing are like having a wife and a mistress. You cant manage both well. So, keep them apart. One should not know anything about the other,” Jhunjhunwala said in a 2018 interview.

"The indigenisation list has come out and the first set of beneficiaries will be the defence PSUs because they are the platform integrators and this will be followed by the component and subsystem makers which are largely small and midcap private defence companies. We like Bharat Dynamics, Hindustan Aeronautics and GRSC followed by Bharat Electronics in the defence PSU space and within the private space we like Data Patterns. ”

In an interview with ETMarkets, Kothari said: “We could see NIFTY heading towards 16000 – 16200 mark in the coming weeks. But, this zone would be a tough nut to crack since that is a gap area on the daily time frame.”

In an interview with ETMarkets, Kothari said: “We could see NIFTY heading towards 16000 – 16200 mark in the coming weeks. But, this zone would be a tough nut to crack since that is a gap area on the daily time frame.”

People familiar with the development said the Department of Investment and Public Asset Management would next week discuss the date for inviting financial bids. The government expects to conclude the sale process in the current financial year.