*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 12-10-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -31234* 😭
*INDEX FUT. : +252*
*INDEX OPT. : -29951*
*STOCK FUT. : -1063*
*STOCK OPT. : -471*
*SEC. IN F&O BAN FOR, 13-Oct-23 :*
*1. BALRAMCHIN 2. BHEL 3. DELTACORP 4. HINDCOPPER 5. IBULHSGFIN 6. INDIACEM 7. L&TFH 8. MANAPPURAM 9. PNB 10. SUNTV*
*ADDITION : BHEL, DELTACORP, SUNTV*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 12-OCT-2023 :*
*FIIS : SELL -1,862 (8,601-10,464)* 😥
*DIIS : BUY +1,532 (8,706-7,174)* 😃
*BSE SENSEX : -65 (66,408)🔽*
*NSE NIFTY : -17 (19,794)*🔽
*BSE MIDCAP. : +98 (32,322)*🔼
*BSE SMLCAP. : +228 (38,198)*🔼
*B. CRUDE : $ 86.71* 🔼 😥
*GOLD: $173=INR 59,700(10gr)* 🔼 🙂
*SILVER : RS. 73,000 (kg)(5pm)*🔼😊
*FOREX : RS. $ 83.24 🔽 ☺️*
*7.26%GOI '33: 7.3493%(99.39)🔽🙂*
*7.18%NEW '33: 7.2977%(99.17)🔽🙂*
*7.18%GOI '37: 7.4241% (97.93)🔽🙂*
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -31234* 😭
*INDEX FUT. : +252*
*INDEX OPT. : -29951*
*STOCK FUT. : -1063*
*STOCK OPT. : -471*
*SEC. IN F&O BAN FOR, 13-Oct-23 :*
*1. BALRAMCHIN 2. BHEL 3. DELTACORP 4. HINDCOPPER 5. IBULHSGFIN 6. INDIACEM 7. L&TFH 8. MANAPPURAM 9. PNB 10. SUNTV*
*ADDITION : BHEL, DELTACORP, SUNTV*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 12-OCT-2023 :*
*FIIS : SELL -1,862 (8,601-10,464)* 😥
*DIIS : BUY +1,532 (8,706-7,174)* 😃
*BSE SENSEX : -65 (66,408)🔽*
*NSE NIFTY : -17 (19,794)*🔽
*BSE MIDCAP. : +98 (32,322)*🔼
*BSE SMLCAP. : +228 (38,198)*🔼
*B. CRUDE : $ 86.71* 🔼 😥
*GOLD: $173=INR 59,700(10gr)* 🔼 🙂
*SILVER : RS. 73,000 (kg)(5pm)*🔼😊
*FOREX : RS. $ 83.24 🔽 ☺️*
*7.26%GOI '33: 7.3493%(99.39)🔽🙂*
*7.18%NEW '33: 7.2977%(99.17)🔽🙂*
*7.18%GOI '37: 7.4241% (97.93)🔽🙂*
👍1
Mkt. Updates :
*GIFT Nifty -150 pts (19692) from last trade 19842 ,*
Nikkei -36 pts ,
Hangseng -292 pts ,
Dow -173.73 pts ,Nsdq -85.46 pts, S&P
-27.34 pts , Bovespa Clsd , Ftse +24 pts , Dax -34 pts , Cac -26 pts , Crude @ $83.41 brl (+0.51), Brent @ $86.00 brl (-0.00) , Gold @ 1882.60 (-0.40), Silver @ $21.98 (+0.02), Euro @ $1.0532, JPY @ $149.75, INR @ 83.295
*US GOVT. 10-YR YIELD : 4.68%*
*Today's Corporate Action, 13 Oct Ex Date :*
ADVLIFE
Bonus issue 1:1
INFRATRUST
Income Distribution (InvIT)
MRP
Bonus issue 2:1
RMC
Bonus issue 1:2
*Today's Key Results/Board Meetings, 13-Oct-23 :*
ABHIJIT
General
AMAL
Quarterly Results
ARTSONEN
Quarterly Results
BIRLAMONEY
Quarterly Results
DEN
Quarterly Results
GGPL
Quarterly Results
GTNINDS
General
GUJHOTE
Quarterly Results
HATHWAYB
Quarterly Results
HDFCLIFE
Quarterly Results
PREMCAP
Quarterly Results
STCORP
Quarterly Results
TATASTLLP
Quarterly Results
UNIAUTO
General
VIVANTA
General;Quarterly Results
*SEC. IN F&O BAN FOR, 13-Oct-23 :*
*1. BALRAMCHIN 2. BHEL 3. DELTACORP 4. HINDCOPPER 5. IBULHSGFIN 6. INDIACEM 7. L&TFH 8. MANAPPURAM 9. PNB 10. SUNTV*
*ADDITION : BHEL, DELTACORP, SUNTV*
*DELETION : NIL*
*Today's Alert :*
*RBI to Conduct Auction of GOI BONDS for INR 340 Billion*
*GIFT Nifty -150 pts (19692) from last trade 19842 ,*
Nikkei -36 pts ,
Hangseng -292 pts ,
Dow -173.73 pts ,Nsdq -85.46 pts, S&P
-27.34 pts , Bovespa Clsd , Ftse +24 pts , Dax -34 pts , Cac -26 pts , Crude @ $83.41 brl (+0.51), Brent @ $86.00 brl (-0.00) , Gold @ 1882.60 (-0.40), Silver @ $21.98 (+0.02), Euro @ $1.0532, JPY @ $149.75, INR @ 83.295
*US GOVT. 10-YR YIELD : 4.68%*
*Today's Corporate Action, 13 Oct Ex Date :*
ADVLIFE
Bonus issue 1:1
INFRATRUST
Income Distribution (InvIT)
MRP
Bonus issue 2:1
RMC
Bonus issue 1:2
*Today's Key Results/Board Meetings, 13-Oct-23 :*
ABHIJIT
General
AMAL
Quarterly Results
ARTSONEN
Quarterly Results
BIRLAMONEY
Quarterly Results
DEN
Quarterly Results
GGPL
Quarterly Results
GTNINDS
General
GUJHOTE
Quarterly Results
HATHWAYB
Quarterly Results
HDFCLIFE
Quarterly Results
PREMCAP
Quarterly Results
STCORP
Quarterly Results
TATASTLLP
Quarterly Results
UNIAUTO
General
VIVANTA
General;Quarterly Results
*SEC. IN F&O BAN FOR, 13-Oct-23 :*
*1. BALRAMCHIN 2. BHEL 3. DELTACORP 4. HINDCOPPER 5. IBULHSGFIN 6. INDIACEM 7. L&TFH 8. MANAPPURAM 9. PNB 10. SUNTV*
*ADDITION : BHEL, DELTACORP, SUNTV*
*DELETION : NIL*
*Today's Alert :*
*RBI to Conduct Auction of GOI BONDS for INR 340 Billion*
*Today's Headlines :*
*Economic Times :*
📝 Medical device makers get six-month extension for imports
📝 Govt to promote local EV production; move to boost employment generation
📝 HCL Tech Q2 Results: Profit rises 10% YoY to Rs 3,832 crore; revenue up 8%
📝 Angel One Q2 Results: Profit zooms 43% to Rs 305 crore
📝 Inflation declines to 5% in September; factory output rises to 14-month high of 10.3%
📝 Reserve Bank of India slaps Rs 5.39 crore penalty on Paytm Payments Bank
📝 I-T pegs tax evasion by insurance companies, intermediaries at ₹30,000 cr
📝 HPL to invest Rs 3,000 crore to set up new chemical plants in West Bengal
📝 India steel, cement industry need Rs 47 lakh crore investment to meet net zero goals: Report
📝 Agri-fintech startup KiVi raises Rs 15 crore in funding
📝 Jiraaf raises $8.7 million in series B round led by Accel, Harmony Partners
*Business Standard :*
📝 Q2 results: Infosys cuts FY24 guidance to 1-2.5%, net profit up 3.2%
📝 RBI likely to complete vetting bidders for IDBI Bank by October-end
📝 JLR reports best-ever H1 performance, sales grow two-fold to 2,356 units
📝 Nokia's Chennai factory achieves 7-million-unit production milestone
📝 Hyderabad-based CtrlS Datacenters announces plan to invest $2 bn in 6 years
📝 Karnataka govt's US visit garners $3 bn worth of investment interest
📝 PE investments in Indian real estate dip 12% to $2.3 billion in H1
📝 Govt launches 12th round of bidding for city gas distribution in NE states
📝 Banks urge RBI to set up liquidity window for financing of startups
*Financial Express :*
📝 Licensing system for laptops, tablets to kick in from November 1
📝 HDFC AMC Q2FY24 results: Profit rises 20% to 436.52 crore, revenue up 18.1%
📝 FCI sells 2.37 MT of wheat in open market
📝 Food inflation falls to 6.56% in September from 9.94% in August
📝 India’s share in global ER&D sourcing market to reach $130-170 billion by FY30
*Mint :*
📝 Coal stock shrinks with rising demand
📝 ₹20 trillion highway plan ready, may replace Bharatmala-2
📝 Toyota, Idemitsu collaborate to develop tech to mass produce solid-state batteries
📝 India Sep air traffic rises 6%; Akasa sees drop in flights cancellation rate
📝 Kia unveils compact electric SUV and EVs to expand affordable EV lineup
📝 Groww overtakes Zerodha as top brokerage with 6.63 million active investors
📝 China sees lowest number of births amid concerns over population decline
📝 Singapore's RV Capital marks first close of India private credit fund
📝 Adani Ports gets offers of $213 mln for bond buyback; to accept $195 mln offer
📝 Rupee ends 5 paise lower at 83.24 against US dollar.
*Economic Times :*
📝 Medical device makers get six-month extension for imports
📝 Govt to promote local EV production; move to boost employment generation
📝 HCL Tech Q2 Results: Profit rises 10% YoY to Rs 3,832 crore; revenue up 8%
📝 Angel One Q2 Results: Profit zooms 43% to Rs 305 crore
📝 Inflation declines to 5% in September; factory output rises to 14-month high of 10.3%
📝 Reserve Bank of India slaps Rs 5.39 crore penalty on Paytm Payments Bank
📝 I-T pegs tax evasion by insurance companies, intermediaries at ₹30,000 cr
📝 HPL to invest Rs 3,000 crore to set up new chemical plants in West Bengal
📝 India steel, cement industry need Rs 47 lakh crore investment to meet net zero goals: Report
📝 Agri-fintech startup KiVi raises Rs 15 crore in funding
📝 Jiraaf raises $8.7 million in series B round led by Accel, Harmony Partners
*Business Standard :*
📝 Q2 results: Infosys cuts FY24 guidance to 1-2.5%, net profit up 3.2%
📝 RBI likely to complete vetting bidders for IDBI Bank by October-end
📝 JLR reports best-ever H1 performance, sales grow two-fold to 2,356 units
📝 Nokia's Chennai factory achieves 7-million-unit production milestone
📝 Hyderabad-based CtrlS Datacenters announces plan to invest $2 bn in 6 years
📝 Karnataka govt's US visit garners $3 bn worth of investment interest
📝 PE investments in Indian real estate dip 12% to $2.3 billion in H1
📝 Govt launches 12th round of bidding for city gas distribution in NE states
📝 Banks urge RBI to set up liquidity window for financing of startups
*Financial Express :*
📝 Licensing system for laptops, tablets to kick in from November 1
📝 HDFC AMC Q2FY24 results: Profit rises 20% to 436.52 crore, revenue up 18.1%
📝 FCI sells 2.37 MT of wheat in open market
📝 Food inflation falls to 6.56% in September from 9.94% in August
📝 India’s share in global ER&D sourcing market to reach $130-170 billion by FY30
*Mint :*
📝 Coal stock shrinks with rising demand
📝 ₹20 trillion highway plan ready, may replace Bharatmala-2
📝 Toyota, Idemitsu collaborate to develop tech to mass produce solid-state batteries
📝 India Sep air traffic rises 6%; Akasa sees drop in flights cancellation rate
📝 Kia unveils compact electric SUV and EVs to expand affordable EV lineup
📝 Groww overtakes Zerodha as top brokerage with 6.63 million active investors
📝 China sees lowest number of births amid concerns over population decline
📝 Singapore's RV Capital marks first close of India private credit fund
📝 Adani Ports gets offers of $213 mln for bond buyback; to accept $195 mln offer
📝 Rupee ends 5 paise lower at 83.24 against US dollar.
India Daybook Stocks in News
*BGR Energy:* Company gets order worth Rs 112.75 crore from Mangalore Refinery and Petrochemicals. (Positive)
*Ircon:* Company granted 'Navratna' status by government. (Positive)
*Maruti Suzuki:* To Consider Issuing Shares Other Than Cash For Acquiring Suzuki Motor Guj (Positive)
*Citi Gas Companies:* Govt: City gas 12th bid round to cover 5 states, 2 Union territories (Positive)
*Venus Remedies:* Company launched antibiotic formulation Elores in Ecuador (Positive)
*Aviation Stocks:* Air passenger traffic grows 18.3% to 1.22 crore in the month. (Positive)
*SJVN:* Company’s arm gets LoA for development of 100 MW solar project worth of Rs 600 crore. (Positive)
*Tata Motors:* CJ Darcl Logistics signs accord with company: Bloomberg. (Positive)
*IDBI Bank:* Fairfax, Kotak Bank, Avenue Capital among preferred bidders for IDBI Bank. (Positive)
*Sun Pharma:* Company says CEQUA phase 4 data showed sustained improvement: Bloomberg (Positive)
*Kesoram:* Revenue seen at Rs 954 crore versus Rs 845 crore, EBITDA seen at Rs 216 crore versus Rs 138 crore. (Positive)
*GMR Airports:* September passenger traffic at GMR Airports at 94.16 lakh, up 23% year-on-year (Positive)
*IRB Infra:* Executes definitive agreements to implement Samakhiyali Santalpur BOT project (Positive)
*Lupin:* Receives Tentative Approval from U.S. FDA for Calcium, Magnesium, Potassium, and Sodium Oxybates Oral Solution (Positive)
*SJVN:* Subsidiary has received the LOA at a tariff of Rs 2.62 per unit, for the development of a 100 MW solar power project (Positive)
*Gokaldas:* Catamaran Ventures buys 1.12% stake in Q2 (Positive)
*Zaggle Prepaid:* Company enters into a growth agreement with Visa Worldwide (Positive)
*Mahindra Life:* Acquires 5.38 acres of land parcel At Wagholi, Pune (Positive)
*Mphasis:* Company’s arm acquires US-based Sonnick Partners for $132.5 m (Neutral)
*PayTM:* RBI imposes monetary penalty of Rs 5.39 crore on Paytm Payments Bank. (Neutral)
*HCL Tech:* Rupee Revenue reported at Rs 26672 crore versus poll of Rs 26821 crore, Net profit reported at Rs 3830 crore versus poll of Rs 3760 crore (Neutral)
*Infosys:* Rupee Revenue reported at Rs 38994 crore versus poll of Rs 38425 crore, Net profit reported at Rs 6210 crore versus poll of Rs 6225 crore. (Neutral)
*Infosys:* Company cut Revenue guidance to 1%-2.5% versus estimates of 1.0% (Neutral)
*Vedanta:* Company incorporates wholly-owned subsidiary Vedanta Iron and Steel on October 10, 2023. (Neutral)
*TCS:* Revenue seen at Rs 59,692 crore versus Rs 60196 crore, EBIT seen at Rs 14,483 crore versus Rs 14,353crore (Neutral)
*Dr Reddy’s:* US FDA issued 9 observations for its manufacturing facility in Bachupally, Hyderabad
*Panacea Biotec:* US FDA issued an ‘FDA Form 483’ with nine (9) observations for Baddi unit
*HCL Tech:* HCL Tech management on decline in headcount, revised guidance, second half of FY24
*Infosys:* Company cut Revenue guidance to 1%-2.5% versus 1.0%-3.5%
*BGR Energy:* Company gets order worth Rs 112.75 crore from Mangalore Refinery and Petrochemicals. (Positive)
*Ircon:* Company granted 'Navratna' status by government. (Positive)
*Maruti Suzuki:* To Consider Issuing Shares Other Than Cash For Acquiring Suzuki Motor Guj (Positive)
*Citi Gas Companies:* Govt: City gas 12th bid round to cover 5 states, 2 Union territories (Positive)
*Venus Remedies:* Company launched antibiotic formulation Elores in Ecuador (Positive)
*Aviation Stocks:* Air passenger traffic grows 18.3% to 1.22 crore in the month. (Positive)
*SJVN:* Company’s arm gets LoA for development of 100 MW solar project worth of Rs 600 crore. (Positive)
*Tata Motors:* CJ Darcl Logistics signs accord with company: Bloomberg. (Positive)
*IDBI Bank:* Fairfax, Kotak Bank, Avenue Capital among preferred bidders for IDBI Bank. (Positive)
*Sun Pharma:* Company says CEQUA phase 4 data showed sustained improvement: Bloomberg (Positive)
*Kesoram:* Revenue seen at Rs 954 crore versus Rs 845 crore, EBITDA seen at Rs 216 crore versus Rs 138 crore. (Positive)
*GMR Airports:* September passenger traffic at GMR Airports at 94.16 lakh, up 23% year-on-year (Positive)
*IRB Infra:* Executes definitive agreements to implement Samakhiyali Santalpur BOT project (Positive)
*Lupin:* Receives Tentative Approval from U.S. FDA for Calcium, Magnesium, Potassium, and Sodium Oxybates Oral Solution (Positive)
*SJVN:* Subsidiary has received the LOA at a tariff of Rs 2.62 per unit, for the development of a 100 MW solar power project (Positive)
*Gokaldas:* Catamaran Ventures buys 1.12% stake in Q2 (Positive)
*Zaggle Prepaid:* Company enters into a growth agreement with Visa Worldwide (Positive)
*Mahindra Life:* Acquires 5.38 acres of land parcel At Wagholi, Pune (Positive)
*Mphasis:* Company’s arm acquires US-based Sonnick Partners for $132.5 m (Neutral)
*PayTM:* RBI imposes monetary penalty of Rs 5.39 crore on Paytm Payments Bank. (Neutral)
*HCL Tech:* Rupee Revenue reported at Rs 26672 crore versus poll of Rs 26821 crore, Net profit reported at Rs 3830 crore versus poll of Rs 3760 crore (Neutral)
*Infosys:* Rupee Revenue reported at Rs 38994 crore versus poll of Rs 38425 crore, Net profit reported at Rs 6210 crore versus poll of Rs 6225 crore. (Neutral)
*Infosys:* Company cut Revenue guidance to 1%-2.5% versus estimates of 1.0% (Neutral)
*Vedanta:* Company incorporates wholly-owned subsidiary Vedanta Iron and Steel on October 10, 2023. (Neutral)
*TCS:* Revenue seen at Rs 59,692 crore versus Rs 60196 crore, EBIT seen at Rs 14,483 crore versus Rs 14,353crore (Neutral)
*Dr Reddy’s:* US FDA issued 9 observations for its manufacturing facility in Bachupally, Hyderabad
*Panacea Biotec:* US FDA issued an ‘FDA Form 483’ with nine (9) observations for Baddi unit
*HCL Tech:* HCL Tech management on decline in headcount, revised guidance, second half of FY24
*Infosys:* Company cut Revenue guidance to 1%-2.5% versus 1.0%-3.5%
*Global bits*
✒️Wall Street falls as Treasury yields rise, investors digest inflation data
✒️Surging rents lift US consumer prices; underlying inflation grinding lower
✒️US Housing remains a puzzle in Fed's inflation fight
✒️China's sept consumer prices flat, factory deflation persists
✒️Singapore keeps monetary policy unchanged, increases review frequency from semi annually to quarterly
✒️Singapore Q3 GDP up 0.7% y/y
✒️India's retail inflation eases to three-month low in September
✒️India's Aug industrial output rises at fastest pace in more than a year
✒️Japan central bankers sees no pressing need to alter yield control policy. BOJ board member Noguchi sees room for L-T rates to rise. Suggests BOJ wait and see if wage hikes may continue. 3% rise in nominal pay needed to offset 2% price hikes. Real wages must turn positive to stimulate consumption.
✒️Clicking towards record: India's festival season spurs online shopping spree.
✒️Argentina central bank hikes key rate to 133% as inflation worsens
Source: Reuters
✒️Wall Street falls as Treasury yields rise, investors digest inflation data
✒️Surging rents lift US consumer prices; underlying inflation grinding lower
✒️US Housing remains a puzzle in Fed's inflation fight
✒️China's sept consumer prices flat, factory deflation persists
✒️Singapore keeps monetary policy unchanged, increases review frequency from semi annually to quarterly
✒️Singapore Q3 GDP up 0.7% y/y
✒️India's retail inflation eases to three-month low in September
✒️India's Aug industrial output rises at fastest pace in more than a year
✒️Japan central bankers sees no pressing need to alter yield control policy. BOJ board member Noguchi sees room for L-T rates to rise. Suggests BOJ wait and see if wage hikes may continue. 3% rise in nominal pay needed to offset 2% price hikes. Real wages must turn positive to stimulate consumption.
✒️Clicking towards record: India's festival season spurs online shopping spree.
✒️Argentina central bank hikes key rate to 133% as inflation worsens
Source: Reuters
MAJOR ENTRIES & EXITS BY MF's IN SEPT
@AlliesFin
Major entries in stocks by MF
1. RRKABEL - AXIS MF ,BOI MF , DSP , BIRLA SUN LIFE , EDELWEISS MF , PGIM , FRANKLIN , HSBC MF , HDFC MF , ICICI PRU , BANDHAN MF , KOTAK MF , MIRAE , NIPPON , MIRAE , TATA MF , ITI MF
2. L&T FIN HOLD - UTI MF , DSP , AXIS MF
3. JUPITER LIFE LINE - DSP , BIRLA SUN LIFE, AXIS MF , EDELWEISS, HDFC MF , ICICI PRU , KOTAK , MIRAE , MOTILAL MF , NIPPON , UTI MF , WHITEOAK
4. REC LTD - BOI MF , UNION MF , SAMCO MF
5. HDFC AMC - NJ MF , SAMCO MF
6. INDUS TOWER - 360 ONE *(BIG BUY)*
7. ZAGGLE - ICICI PRU , KOTAK MF , LIC MF
JSWINFRA - BARODA BNP , FRANKLIN , BIRLA, UTI MF , HDFC MF , ICICI PRU , LIC MF , NIPPON , SBI MF , SUNDARAM MF , TATA MF
8. SAMHI - BIRLA , EDELWEISS, ICICI PRU , SBI MF , TATA MF
Major Exits by MF's
1. MAZGAON DOCK - AXIS MF
2. HDFC AMC - DSP , FRANKLIN , LIC MF
3. JUBILANT INGREVEA - AXIS MF , BIRLA SUN LIFE, KOTAK MF
4. BANDHAN BANK - QUANT MF , BARODA BNP , PGIM
5. JIO - DSP , FRANKLIN , QUANTUM , 360 ONE , UTI MF
T.me/AlliesFin
@AlliesFin
Major entries in stocks by MF
1. RRKABEL - AXIS MF ,
2. L&T FIN HOLD - UTI MF , DSP , AXIS MF
3. JUPITER LIFE LINE - DSP , BIRLA SUN LIFE, AXIS MF , EDELWEISS, HDFC MF , ICICI PRU , KOTAK , MIRAE , MOTILAL MF , NIPPON , UTI MF , WHITEOAK
4. REC LTD - BOI MF , UNION MF , SAMCO MF
5. HDFC AMC - NJ MF , SAMCO MF
6. INDUS TOWER - 360 ONE *(BIG BUY)*
7. ZAGGLE - ICICI PRU , KOTAK MF , LIC MF
JSWINFRA - BARODA BNP , FRANKLIN , BIRLA, UTI MF , HDFC MF , ICICI PRU , LIC MF , NIPPON , SBI MF , SUNDARAM MF , TATA MF
8. SAMHI - BIRLA , EDELWEISS, ICICI PRU , SBI MF , TATA MF
Major Exits by MF's
1. MAZGAON DOCK - AXIS MF
2. HDFC AMC - DSP , FRANKLIN , LIC MF
3. JUBILANT INGREVEA - AXIS MF , BIRLA SUN LIFE, KOTAK MF
4. BANDHAN BANK - QUANT MF , BARODA BNP , PGIM
5. JIO - DSP , FRANKLIN , QUANTUM , 360 ONE , UTI MF
T.me/AlliesFin
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Make Money Work for you...
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Market News & Updates
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Make Money Work for you...
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#Currency
#Trading
#Training
#Tutorials
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#Risk #Management
Market News & Updates
Channel 4 Educational Purpose Only,
Contact @AxitDShah +919869958999
@AlliesFin
*Who all did not invest...*
1982 - Worst recession in 40 years, debt crisis.
1983 - Market hits record - "Market too high".
1984 - Record U.S. Federal deficits.
1985 - Economic growth slows.
1986 - Dow nears 2000 - "Market too high".
1987 - The Crash - Black Monday.
1988 - Fear of Recession.
1989 - Junk Bond collapse.
1990 - Gulf War, worst market decline in 16 years.
1991 - Recession - "Market too high".
1992 - Elections, market flat.
1993 - Businesses continue restructuring.
1994 - Interest rates are going up.
1995 - The market is too high.
1996 - Fear of Inflation.
1997 - Irrational Exuberance.
1998 - Asia Crisis.
1999 - Y2K.
2000 - Technology Correction.
2001 - Recession, WTC Attack.
2002 - Corporate Accounting Scandals.
2003 - Iraq War.
2004 - US has massive trade & budget deficits.
2005 - Record oil & gas prices.
2006 - Housing bubble bursts.
2007 - Sub-prime mortgage crisis.
2008 - Banking & Credit crisis.
2009 - Recession - "Credit Crunch".
2010 - Sovereign debt crisis.
2011 - Eurozone crisis.
2012 - US fiscal cliff.
2013 - Federal Reserve to "taper" stimulus.
2014 - Oil prices plunge.
2015 - Chinese stock market sell-off.
2016 - Brexit, U.S. presidential election.
2017 - Stocks at record highs, Bitcoin mania.
2018 - Trade Wars, rising interest rates.
2019 - India GDP 5%.
2020 - Covid Fall.
2021 - Third Wave Fear.
2022 - War & Inflation.
2023 - War & Geopolitical Uncertainites.
2024 Possible Elections.
History says one will always find reasons to time the market, but Mr Market is above all.
We tend to agree more on any bearish argument.
Nat Friedman once said,
Pessimists sound smart, but it's the optimists who make the money.
Always Remember:
One can create money by investing in the bull market, but one can create a fortune by *investing in the bear market.*
Sensex 1979 - 100
Sensex 2023 - 66400
CAGR Return - 16.32%
T.me/AlliesFin
*Who all did not invest...*
1982 - Worst recession in 40 years, debt crisis.
1983 - Market hits record - "Market too high".
1984 - Record U.S. Federal deficits.
1985 - Economic growth slows.
1986 - Dow nears 2000 - "Market too high".
1987 - The Crash - Black Monday.
1988 - Fear of Recession.
1989 - Junk Bond collapse.
1990 - Gulf War, worst market decline in 16 years.
1991 - Recession - "Market too high".
1992 - Elections, market flat.
1993 - Businesses continue restructuring.
1994 - Interest rates are going up.
1995 - The market is too high.
1996 - Fear of Inflation.
1997 - Irrational Exuberance.
1998 - Asia Crisis.
1999 - Y2K.
2000 - Technology Correction.
2001 - Recession, WTC Attack.
2002 - Corporate Accounting Scandals.
2003 - Iraq War.
2004 - US has massive trade & budget deficits.
2005 - Record oil & gas prices.
2006 - Housing bubble bursts.
2007 - Sub-prime mortgage crisis.
2008 - Banking & Credit crisis.
2009 - Recession - "Credit Crunch".
2010 - Sovereign debt crisis.
2011 - Eurozone crisis.
2012 - US fiscal cliff.
2013 - Federal Reserve to "taper" stimulus.
2014 - Oil prices plunge.
2015 - Chinese stock market sell-off.
2016 - Brexit, U.S. presidential election.
2017 - Stocks at record highs, Bitcoin mania.
2018 - Trade Wars, rising interest rates.
2019 - India GDP 5%.
2020 - Covid Fall.
2021 - Third Wave Fear.
2022 - War & Inflation.
2023 - War & Geopolitical Uncertainites.
2024 Possible Elections.
History says one will always find reasons to time the market, but Mr Market is above all.
We tend to agree more on any bearish argument.
Nat Friedman once said,
Pessimists sound smart, but it's the optimists who make the money.
Always Remember:
One can create money by investing in the bull market, but one can create a fortune by *investing in the bear market.*
Sensex 1979 - 100
Sensex 2023 - 66400
CAGR Return - 16.32%
T.me/AlliesFin
👍1
GIFT Nifty -4 pts (19730) from last trade 19734 ,
Nikkei -526 pts ,
Hangseng -10 pts ,
Dow +39.15 pts ,Nsdq -188.99 pts, S&P
-21.83 pts , Bovespa -1297 pts , Ftse -45 pts , Dax -238 pts , Cac -101 pts , Crude @ $85.95 brl (-0.40), Brent @ $90.44 brl (-0.36) , Gold @ 1934.86 (-6.96), Silver @ $22.788 (-0.102), Euro @ $1.0519, JPY @ $149.49, INR @ 83.275
*Today's Corporate Action*
*16th Oct Ex Date*
None
*Today's Key Results/Board Meetings*
*16-Oct-23*
ALSTONE
General
ARTSONEN
Quarterly Results
BANASFN
Increase in Authorised Capital
CEATLTD
Quarterly Results;General
CHOICEIN
Quarterly Results
CYIENTDLM
Quarterly Results
DMR
Half Yearly Results
FEDERALBNK
Quarterly Results
FRSHTRP
General
GARGI
Half Yearly Results
GHUSHINE
Half Yearly Results
GRASIM
General
INDBANK
Quarterly Results
INDBNK
Quarterly Results
ISEC
Interim Dividend;Quarterly Results
JAIBALAJI
Quarterly Results;General
JFL
General
JIOFIN
Quarterly Results
MAHABANK
Quarterly Results
MARBU
Quarterly Results
MRP
Bonus issue
NATHBIOGEN
Quarterly Results
NELCO
Quarterly Results
ORIENTHOT
Quarterly Results
PARSHVA
Quarterly Results
ROSEMER
General
SELAN
Quarterly Results
TINPLATE
Quarterly Results
TRANOCE
Quarterly Results
UNISTRMU
Quarterly Results
YATRA
Quarterly Results
*Stock under F&O ban on NSE*
*16-Oct-23*
1 BALRAMCHIN
2 BHEL
3 DELTACORP
4 HINDCOPPER
5 IBULHSGFIN
6 INDIACEM
7 L&TFH
8 MANAPPURAM
9 PNB
10 SAIL
11 SUNTV
Nikkei -526 pts ,
Hangseng -10 pts ,
Dow +39.15 pts ,Nsdq -188.99 pts, S&P
-21.83 pts , Bovespa -1297 pts , Ftse -45 pts , Dax -238 pts , Cac -101 pts , Crude @ $85.95 brl (-0.40), Brent @ $90.44 brl (-0.36) , Gold @ 1934.86 (-6.96), Silver @ $22.788 (-0.102), Euro @ $1.0519, JPY @ $149.49, INR @ 83.275
*Today's Corporate Action*
*16th Oct Ex Date*
None
*Today's Key Results/Board Meetings*
*16-Oct-23*
ALSTONE
General
ARTSONEN
Quarterly Results
BANASFN
Increase in Authorised Capital
CEATLTD
Quarterly Results;General
CHOICEIN
Quarterly Results
CYIENTDLM
Quarterly Results
DMR
Half Yearly Results
FEDERALBNK
Quarterly Results
FRSHTRP
General
GARGI
Half Yearly Results
GHUSHINE
Half Yearly Results
GRASIM
General
INDBANK
Quarterly Results
INDBNK
Quarterly Results
ISEC
Interim Dividend;Quarterly Results
JAIBALAJI
Quarterly Results;General
JFL
General
JIOFIN
Quarterly Results
MAHABANK
Quarterly Results
MARBU
Quarterly Results
MRP
Bonus issue
NATHBIOGEN
Quarterly Results
NELCO
Quarterly Results
ORIENTHOT
Quarterly Results
PARSHVA
Quarterly Results
ROSEMER
General
SELAN
Quarterly Results
TINPLATE
Quarterly Results
TRANOCE
Quarterly Results
UNISTRMU
Quarterly Results
YATRA
Quarterly Results
*Stock under F&O ban on NSE*
*16-Oct-23*
1 BALRAMCHIN
2 BHEL
3 DELTACORP
4 HINDCOPPER
5 IBULHSGFIN
6 INDIACEM
7 L&TFH
8 MANAPPURAM
9 PNB
10 SAIL
11 SUNTV
India Daybook Stocks in News
*Bajaj Electricals:* Company gets a service order worth Rs 564.20 crore from Power Grid Corporation (Positive)
*KIOCL:* Company to resume operations at Mangalore pellet plant on October 14. (Positive)
*NBCC:* Company gets order worth Rs 80 crore for renovation from Visakhapatnam Port Authority (Positive)
*Indian Bank:* Company partners with subsidiaries of Tata Motors to offer inventory financing solutions through its digital supply-chain finance platform. (Positive)
*Tata Motors:* Company to sell 9.9% stake in Tata Technologies to TPG ahead of IPO (Positive)
*Persistent Systems:* Company appoints Ayon Banerjee as the company’s chief strategy & growth officer w.e.f. October 13, 2023 (Positive)
*Oil Upstream Stocks:* Crude Oil prices jumped by more than 5 percent during Friday. (Positive)
*Mankind Pharma:* Company resumed operation in Sikkim manufacturing facility w.e.f. October 13, 2023: (Positive)
*Laurus Labs:* Company’s associate ImmunoACT gets marketing authorization approval from CDSCO for cancer treatment therapy (Positive)
*Finolex Cables:* NCLAT: Allows Deepak Chhabria to remain chairman of Finolex Cables (Positive)
*MMTC:* GRAVITON RESEARCH CAPITAL bought 1.51 crore shares of company (Positive)
*Intellect:* Company partners with a Premiere Bank in the Philippines for bank-wide Digital Transformation (Positive)
*Skipper:* Manufacturer of Power Transmission and Distribution structures Wins Fresh Orders Worth Rs 588 Crores from domestic and international markets (Positive)
*Apollo Hospitals:* To launch Speciality Boutique Hospital at GK1 in New Delhi – Apollo Cradle Royale (Positive)
*Adani Green:* Hybrid portfolio Capacity Utilisation Factor (CUF) at 45.4% with 880 basis points improvement year-on-year (Positive)
*Dalmia Bharat:* Q2 revenue at Rs 3149.0 cr vs poll Rs 3230.0 cr, Net profit at Rs 124 cr versus Rs 82 cr YoY (Positive)
*Texmaco Rail:* Q2 revenue at Rs 805.0 cr vs Rs 480.0 cr, Net profit at Rs 21.8 cr versus Rs 13.5 cr YoY (Positive)
*Tata Steel Long Products:* Net loss at Rs 135.8 cr vs loss of Rs 333.4 cr, Revenue down 9.4% at Rs 1,734 cr vs Rs 1,913.9 cr YoY (Neutral)
*GTPL Hathway:* Q2 revenue at Rs 780.0 cr vs Rs 650.0 cr, Net profit at Rs 34.2 cr versus Rs 44.9 cr YoY (Neutral)
*Som Distilleries:* Q2 revenue at Rs 247.7 cr vs Rs 146.5 cr, Net profit at Rs 14.9 cr versus Rs 8.2 cr YoY (Neutral)
*Gati:* Sept total volume at 1.09 lk tn, up 8% YoY (From Agencies) (Neutral)
*ICICI Lombard:* Company gets favourable orders for Rs 7.7 crore demand from Tax Authority, Jaipur on October 12, 2023. (Neutral)
*Bajaj Fin:* RBI imposes a monetary penalty of Rs 8.50 lakh on Bajaj Finance for non-compliance with the monitoring of frauds in NBFCs Directions. (Neutral)
*Union Bank:* RBI imposes monetary penalty of Rs 1 crore on Union Bank of India for non-compliance of loans and advances (Neutral)
*Federal Bank:* IFC completes acquisition of additional 7.26 crore shares (Neutral)
*BPCL:* Fitch Ratings affirms BPCL at 'BBB-' with a 'stable' outlook, cites strong government support. (Neutral)
*Indian Oil:* Company approves appointment of Anuj Jain as CFO with effect from October 9. (Neutral)
*Zydus Life:* Company is recalling over 7,000 bottles of Oxybutynin Chloride tablets in the U.S. due to manufacturing issues. (Neutral)
*Transformers and Rectifier:*' Amarendra Kumar Gupta resigns as CFO with effect from October 14, 2023 (Neutral)
*Indian Bank:* Company has reported loans worth Rs 24.8 crore as fraud. (Neutral)
*TCS:* Company fires 19 employees and debars six vendors after concluding resource management investigation. (Neutral)
*M&M:* Income Tax Department has filed an appeal against the order of the Income Tax Tribunal allowing relief to the Company on various disallowances amounting Rs. 432 crores (Neutral)
*NHPC:* Company expects loss/damage of Rs 788 cr caused by flash floods at Teesta basins.
*Bajaj Electricals:* Company gets a service order worth Rs 564.20 crore from Power Grid Corporation (Positive)
*KIOCL:* Company to resume operations at Mangalore pellet plant on October 14. (Positive)
*NBCC:* Company gets order worth Rs 80 crore for renovation from Visakhapatnam Port Authority (Positive)
*Indian Bank:* Company partners with subsidiaries of Tata Motors to offer inventory financing solutions through its digital supply-chain finance platform. (Positive)
*Tata Motors:* Company to sell 9.9% stake in Tata Technologies to TPG ahead of IPO (Positive)
*Persistent Systems:* Company appoints Ayon Banerjee as the company’s chief strategy & growth officer w.e.f. October 13, 2023 (Positive)
*Oil Upstream Stocks:* Crude Oil prices jumped by more than 5 percent during Friday. (Positive)
*Mankind Pharma:* Company resumed operation in Sikkim manufacturing facility w.e.f. October 13, 2023: (Positive)
*Laurus Labs:* Company’s associate ImmunoACT gets marketing authorization approval from CDSCO for cancer treatment therapy (Positive)
*Finolex Cables:* NCLAT: Allows Deepak Chhabria to remain chairman of Finolex Cables (Positive)
*MMTC:* GRAVITON RESEARCH CAPITAL bought 1.51 crore shares of company (Positive)
*Intellect:* Company partners with a Premiere Bank in the Philippines for bank-wide Digital Transformation (Positive)
*Skipper:* Manufacturer of Power Transmission and Distribution structures Wins Fresh Orders Worth Rs 588 Crores from domestic and international markets (Positive)
*Apollo Hospitals:* To launch Speciality Boutique Hospital at GK1 in New Delhi – Apollo Cradle Royale (Positive)
*Adani Green:* Hybrid portfolio Capacity Utilisation Factor (CUF) at 45.4% with 880 basis points improvement year-on-year (Positive)
*Dalmia Bharat:* Q2 revenue at Rs 3149.0 cr vs poll Rs 3230.0 cr, Net profit at Rs 124 cr versus Rs 82 cr YoY (Positive)
*Texmaco Rail:* Q2 revenue at Rs 805.0 cr vs Rs 480.0 cr, Net profit at Rs 21.8 cr versus Rs 13.5 cr YoY (Positive)
*Tata Steel Long Products:* Net loss at Rs 135.8 cr vs loss of Rs 333.4 cr, Revenue down 9.4% at Rs 1,734 cr vs Rs 1,913.9 cr YoY (Neutral)
*GTPL Hathway:* Q2 revenue at Rs 780.0 cr vs Rs 650.0 cr, Net profit at Rs 34.2 cr versus Rs 44.9 cr YoY (Neutral)
*Som Distilleries:* Q2 revenue at Rs 247.7 cr vs Rs 146.5 cr, Net profit at Rs 14.9 cr versus Rs 8.2 cr YoY (Neutral)
*Gati:* Sept total volume at 1.09 lk tn, up 8% YoY (From Agencies) (Neutral)
*ICICI Lombard:* Company gets favourable orders for Rs 7.7 crore demand from Tax Authority, Jaipur on October 12, 2023. (Neutral)
*Bajaj Fin:* RBI imposes a monetary penalty of Rs 8.50 lakh on Bajaj Finance for non-compliance with the monitoring of frauds in NBFCs Directions. (Neutral)
*Union Bank:* RBI imposes monetary penalty of Rs 1 crore on Union Bank of India for non-compliance of loans and advances (Neutral)
*Federal Bank:* IFC completes acquisition of additional 7.26 crore shares (Neutral)
*BPCL:* Fitch Ratings affirms BPCL at 'BBB-' with a 'stable' outlook, cites strong government support. (Neutral)
*Indian Oil:* Company approves appointment of Anuj Jain as CFO with effect from October 9. (Neutral)
*Zydus Life:* Company is recalling over 7,000 bottles of Oxybutynin Chloride tablets in the U.S. due to manufacturing issues. (Neutral)
*Transformers and Rectifier:*' Amarendra Kumar Gupta resigns as CFO with effect from October 14, 2023 (Neutral)
*Indian Bank:* Company has reported loans worth Rs 24.8 crore as fraud. (Neutral)
*TCS:* Company fires 19 employees and debars six vendors after concluding resource management investigation. (Neutral)
*M&M:* Income Tax Department has filed an appeal against the order of the Income Tax Tribunal allowing relief to the Company on various disallowances amounting Rs. 432 crores (Neutral)
*NHPC:* Company expects loss/damage of Rs 788 cr caused by flash floods at Teesta basins.
*Adani Ent:* Min of Corp Affairs has initiated an investigation on accounts of its two Mumbai airports, Mumbai International Airport & Navi Mumbai International Airportunit
*DMart Q2:* Net profit at Rs 623.4 cr vs Rs 685.0 cr, EBITDA Margin at 7.96% versus 8.38% YoY
*Delta Corp:* Company gets another tax payment notice from GST intelligence for tax payment notice now at Rs 23,206 cr.
*Godrej Prop:* Godrej Redevelopers has received an order for GST demand of Rs. 96.62 Cr.
*DMart Q2:* Net profit at Rs 623.4 cr vs Rs 685.0 cr, EBITDA Margin at 7.96% versus 8.38% YoY
*Delta Corp:* Company gets another tax payment notice from GST intelligence for tax payment notice now at Rs 23,206 cr.
*Godrej Prop:* Godrej Redevelopers has received an order for GST demand of Rs. 96.62 Cr.
*Global bits*
✒️Indian shares seen opening lower as Middle East conflict rattles nerves
✒️China central bank ramps up liquidity support via policy loans, rate unchanged
✒️Amid the fog, look out for China GDP this week
✒️Dollar buoyed by safe-haven bids, rate jitters
✒️South Korea to fine two Hong Kong banks for naked short-selling
✒️Oil, Treasuries, gold prices jump amid Mideast fears
✒️Major US banks show profit boost, but some caution from consumers
✒️Toronto market pares weekly gain as risk appetite wavers
✒️European shares fall on global risk-off mood but log weekly gains
✒️UK's FTSE 100 eases as St. James's Place tumbles
✒️BlackRock signals M&A hunger after sharp drop in inflows
✒️Israel inflation rate eases to 3.8% ahead of rates decision next week
✒️Euro industrial output up in August, but sharply down year-on-year
Reuters
✒️Indian shares seen opening lower as Middle East conflict rattles nerves
✒️China central bank ramps up liquidity support via policy loans, rate unchanged
✒️Amid the fog, look out for China GDP this week
✒️Dollar buoyed by safe-haven bids, rate jitters
✒️South Korea to fine two Hong Kong banks for naked short-selling
✒️Oil, Treasuries, gold prices jump amid Mideast fears
✒️Major US banks show profit boost, but some caution from consumers
✒️Toronto market pares weekly gain as risk appetite wavers
✒️European shares fall on global risk-off mood but log weekly gains
✒️UK's FTSE 100 eases as St. James's Place tumbles
✒️BlackRock signals M&A hunger after sharp drop in inflows
✒️Israel inflation rate eases to 3.8% ahead of rates decision next week
✒️Euro industrial output up in August, but sharply down year-on-year
Reuters
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 17-10-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +11016* 😃
*INDEX FUT. : +464*
*INDEX OPT. : +8838*
*STOCK FUT. : +2187*
*STOCK OPT. : -474*
*SEC. IN F&O BAN FOR, 18-Oct-23 :*
*1. BALRAMCHIN 2. BHEL 3. DELTACORP 4. HINDCOPPER 5. IBULHSGFIN 6. INDIACEM 7. MCX 8. MANAPPURAM 9. SAIL 10. GNFC*
*ADDITION : NIL*
*DELETION : PNB, SUNTV*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 17-OCT-2023 :*
*FIIS : BUY +263 (8,518-8,254)* 🙂
*DIIS : BUY +112 (6,492-6,380)* 🙂
*BSE SENSEX : +261 (66,428)🔼*
*NSE NIFTY : +80 (19,812)*🔼
*BSE MIDCAP. : +127 (32,514)*🔼
*BSE SMLCAP. : +269 (38,585)*🔼
*B. CRUDE : $ 89.68* 🔽 🙂
*GOLD: $1926=INR 61,600(10gr)* ↔️ 😳
*SILVER : RS. 74,000 (kg)(5pm)*🔽☺️
*FOREX : RS. $ 83.26 🔼 🙂*
*7.26%GOI '33: 7.3727%(99.2350)🔽🙂*
*7.18%NEW '33: 7.3264%(98.9725)🔽🙂*
*7.18%GOI '37: 7.4451% (97.7250)🔽🙂*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +11016* 😃
*INDEX FUT. : +464*
*INDEX OPT. : +8838*
*STOCK FUT. : +2187*
*STOCK OPT. : -474*
*SEC. IN F&O BAN FOR, 18-Oct-23 :*
*1. BALRAMCHIN 2. BHEL 3. DELTACORP 4. HINDCOPPER 5. IBULHSGFIN 6. INDIACEM 7. MCX 8. MANAPPURAM 9. SAIL 10. GNFC*
*ADDITION : NIL*
*DELETION : PNB, SUNTV*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 17-OCT-2023 :*
*FIIS : BUY +263 (8,518-8,254)* 🙂
*DIIS : BUY +112 (6,492-6,380)* 🙂
*BSE SENSEX : +261 (66,428)🔼*
*NSE NIFTY : +80 (19,812)*🔼
*BSE MIDCAP. : +127 (32,514)*🔼
*BSE SMLCAP. : +269 (38,585)*🔼
*B. CRUDE : $ 89.68* 🔽 🙂
*GOLD: $1926=INR 61,600(10gr)* ↔️ 😳
*SILVER : RS. 74,000 (kg)(5pm)*🔽☺️
*FOREX : RS. $ 83.26 🔼 🙂*
*7.26%GOI '33: 7.3727%(99.2350)🔽🙂*
*7.18%NEW '33: 7.3264%(98.9725)🔽🙂*
*7.18%GOI '37: 7.4451% (97.7250)🔽🙂*
*Today's Headlines :*
*Economic Times :*
📝 India cuts windfall tax on domestic crude, export of diesel, ATF
📝 RBI may opt to roll over $5-b forex swap
📝 Mopup of savings scheme for elderly crosses Rs 1 lakh cr
📝 Can Fin Homes Q2 Results: Net profit rises 11% YoY to Rs 158 crore
📝 ICICI Pru Life Q2 Results: Net profit jumps 23% YoY to Rs 244 crore
📝 Syngene Q2 Results: Net profit jumps 14% to Rs 117 crore
📝 Capex to rise 29% for 13 states, fiscal deficit to widen in FY24: Icra
📝 RBI asks banks to adopt risk-based approach for KYC
📝 Real sports gaming platform Game Theory raises $2 million in funding from Nithin Kamath’s Rainmatter, others
📝 Space-tech startup Agnikul Cosmos raises over $26 million from Celesta Capital, Rocketship
*Business Standard :*
📝 Bajaj Finance Q2 results: Consolidated net profit up 28% to Rs 3,551 cr
📝 L&T Tech PAT grows 5.1%, FY24 revenue guidance slashed to 17.5-18.5%
📝 CCI approves merger of IDFC Ltd with its subsidiary IDFC FIRST Bank
📝 MSIL to issue shares worth Rs 12,841 cr to acquire Gujarat plant from SMC
📝 CCI brings draft Leniency Plus rules for cartels, invites comments
📝 Glenmark gets USFDA nod to market generic version of Otezla tablets
📝 Zensar Technologies Q2 results: Net profit up 206.3% to Rs 173.9 crore
📝 India to spend Rs 143 trillion in infrastructure by 2030, says Crisil
📝 Skill ministry launches IndiaSkills 2023-24, to target 2.5 mn participants
📝 China tells banks to roll over local government debts as risks mount
📝 India's defence exports cross Rs 6,000 crore in FY24, shows DDP data
*Financial Express :*
📝 Uttarakhand government signs MoUs worth Rs 5450 cr with industrial bodies in Dubai
📝 Ericsson India sales up nearly four times in July-September
📝 Hathway Cable Q2 net profit falls 33.7 pc to Rs 20 crore
📝 Dabur receives GST tax demand notice of Rs 320.6 crore
📝 Tata Metaliks Q2 profit jumps by 209% to Rs 44.16 crore, revenue dips 13.9% on-year
📝 Rural workers’ earnings grew at quickest pace in 5 years in Q1: Survey
📝 Rupee rises 2 paise to close at 83.25 against US dollar
📝 GPT Healthcare refiles IPO papers with Sebi
*Mint :*
📝 Boult Audio plans PE fundraising in FY25
📝 Magnitude 5.8 earthquake strikes southern Iran: Report
📝 IRM Energy IPO: Firm mobilises ₹160 crore from anchor investors ahead of issue
📝 Vedanta exploring tie-ups with Japanese tech firms for semiconductor plants
📝 Govt to sell 7% stake in HUDCO via OFS on Oct 18-19, likely to raise ₹1,100 cr
📝 Bank of America Q3 earnings: Net income jumps 10% at $7.8 billion
📝 NHAI implements upgraded traffic management system
📝 US, Korea raise concerns on India's import restrictions on laptops, computers.
*Economic Times :*
📝 India cuts windfall tax on domestic crude, export of diesel, ATF
📝 RBI may opt to roll over $5-b forex swap
📝 Mopup of savings scheme for elderly crosses Rs 1 lakh cr
📝 Can Fin Homes Q2 Results: Net profit rises 11% YoY to Rs 158 crore
📝 ICICI Pru Life Q2 Results: Net profit jumps 23% YoY to Rs 244 crore
📝 Syngene Q2 Results: Net profit jumps 14% to Rs 117 crore
📝 Capex to rise 29% for 13 states, fiscal deficit to widen in FY24: Icra
📝 RBI asks banks to adopt risk-based approach for KYC
📝 Real sports gaming platform Game Theory raises $2 million in funding from Nithin Kamath’s Rainmatter, others
📝 Space-tech startup Agnikul Cosmos raises over $26 million from Celesta Capital, Rocketship
*Business Standard :*
📝 Bajaj Finance Q2 results: Consolidated net profit up 28% to Rs 3,551 cr
📝 L&T Tech PAT grows 5.1%, FY24 revenue guidance slashed to 17.5-18.5%
📝 CCI approves merger of IDFC Ltd with its subsidiary IDFC FIRST Bank
📝 MSIL to issue shares worth Rs 12,841 cr to acquire Gujarat plant from SMC
📝 CCI brings draft Leniency Plus rules for cartels, invites comments
📝 Glenmark gets USFDA nod to market generic version of Otezla tablets
📝 Zensar Technologies Q2 results: Net profit up 206.3% to Rs 173.9 crore
📝 India to spend Rs 143 trillion in infrastructure by 2030, says Crisil
📝 Skill ministry launches IndiaSkills 2023-24, to target 2.5 mn participants
📝 China tells banks to roll over local government debts as risks mount
📝 India's defence exports cross Rs 6,000 crore in FY24, shows DDP data
*Financial Express :*
📝 Uttarakhand government signs MoUs worth Rs 5450 cr with industrial bodies in Dubai
📝 Ericsson India sales up nearly four times in July-September
📝 Hathway Cable Q2 net profit falls 33.7 pc to Rs 20 crore
📝 Dabur receives GST tax demand notice of Rs 320.6 crore
📝 Tata Metaliks Q2 profit jumps by 209% to Rs 44.16 crore, revenue dips 13.9% on-year
📝 Rural workers’ earnings grew at quickest pace in 5 years in Q1: Survey
📝 Rupee rises 2 paise to close at 83.25 against US dollar
📝 GPT Healthcare refiles IPO papers with Sebi
*Mint :*
📝 Boult Audio plans PE fundraising in FY25
📝 Magnitude 5.8 earthquake strikes southern Iran: Report
📝 IRM Energy IPO: Firm mobilises ₹160 crore from anchor investors ahead of issue
📝 Vedanta exploring tie-ups with Japanese tech firms for semiconductor plants
📝 Govt to sell 7% stake in HUDCO via OFS on Oct 18-19, likely to raise ₹1,100 cr
📝 Bank of America Q3 earnings: Net income jumps 10% at $7.8 billion
📝 NHAI implements upgraded traffic management system
📝 US, Korea raise concerns on India's import restrictions on laptops, computers.
@AlliesFin
US stocks ended mixed as 10 year jumped on red hot retail sales data. All the three majors started the day with deep cuts as strong retail sales added to the worries over rate hikes but stocks recovered lost ground towards the end of trade. Dow and S&P managed to close just near / above the flat line but Nasdaq saw a cut of 0.25%.
USD index traded lower near 106.20, 10 year rallied to two week highs near 4.83%, cboe vix closed up near 17.88.
Crude futures traded little changed as fears of demand destruction overshadowed the Middle East crisis, WTI traded near 86.60, Brent near 91.
Indian markets snapped three days of losses as investors turned their focus on ongoing results season. Sensex rose 262 points and Nifty topped 19800 on broad based buying across sectors.
Mixed global equity sentiments and progress of Q2 results season may dominate today's trade at Dalal Street. Worries over rising yields and crude prices may limit indices' rise but better Q2 show from Indian corporates (other than IT heavyweights) and strong local macros may help provide support to stocks at every pullback. Participants may continue to look at opportunities outside indices till global headwinds settle as individual stocks provide enough opportunities to stay in the game and outperform in the near term.
T.me/AlliesFin
US stocks ended mixed as 10 year jumped on red hot retail sales data. All the three majors started the day with deep cuts as strong retail sales added to the worries over rate hikes but stocks recovered lost ground towards the end of trade. Dow and S&P managed to close just near / above the flat line but Nasdaq saw a cut of 0.25%.
USD index traded lower near 106.20, 10 year rallied to two week highs near 4.83%, cboe vix closed up near 17.88.
Crude futures traded little changed as fears of demand destruction overshadowed the Middle East crisis, WTI traded near 86.60, Brent near 91.
Indian markets snapped three days of losses as investors turned their focus on ongoing results season. Sensex rose 262 points and Nifty topped 19800 on broad based buying across sectors.
Mixed global equity sentiments and progress of Q2 results season may dominate today's trade at Dalal Street. Worries over rising yields and crude prices may limit indices' rise but better Q2 show from Indian corporates (other than IT heavyweights) and strong local macros may help provide support to stocks at every pullback. Participants may continue to look at opportunities outside indices till global headwinds settle as individual stocks provide enough opportunities to stay in the game and outperform in the near term.
T.me/AlliesFin
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🇮🇳AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
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Make Money Work for you...
#Equity
#Currency
#Trading
#Training
#Tutorials
#Online #Offline
#Risk #Management
Market News & Updates
Channel 4 Educational Purpose Only,
Contact @AxitDShah +919869958999
@AlliesFin
Breakouts
“The breaking of a longer-term consolidation (stage one accumulation or stage three distribution) attracts players from multiple timeframes (both shorter term traders and longer-term investors) who attempt to establish new positions near the beginning of a fresh trend. The breaks of consolidation levels from longer-term timeframes tend to lead to sharp and sustained movement due to competition from different timeframe participants for liquidity.
When trend begins to develop on a longer-term (monthly or weekly) timeframe, view it as a signal that there will be numerous trading opportunities in coming weeks, months and even years. Once underway, the fresh trend will create alignment trade opportunities after short-term pullbacks. Entries after these pullbacks typically offer a low-risk way to participate in established trends. The larger the volume on a break of longer consolidation levels, the greater the odds of a new trend being able to sustain the move. Fundamental developments that accompany a break higher or lower also increase the odds of continued directional movement as more participants are attracted to the action.”
an extract from “TA using multiple timeframes”
by Brian Shannon
We have tested every system under the sun and amazingly, we have found one that actually works well. It is a very good system, but for obvious reasons, I can’t tell you much more about it. The basic premise of the system is that market move sharply, when they move. If there is a sudden range expansion in a market that has been trading narrowly, human nature is to try to fade that price move. When you get a range expansion, the market is sending you a very loud, clear signal that the market is getting ready to move in the direction of that expansion.”
Paul Tudor Jones II
- Ivanhoff Capital
T.me/AlliesFin
Fwded...
Breakouts
“The breaking of a longer-term consolidation (stage one accumulation or stage three distribution) attracts players from multiple timeframes (both shorter term traders and longer-term investors) who attempt to establish new positions near the beginning of a fresh trend. The breaks of consolidation levels from longer-term timeframes tend to lead to sharp and sustained movement due to competition from different timeframe participants for liquidity.
When trend begins to develop on a longer-term (monthly or weekly) timeframe, view it as a signal that there will be numerous trading opportunities in coming weeks, months and even years. Once underway, the fresh trend will create alignment trade opportunities after short-term pullbacks. Entries after these pullbacks typically offer a low-risk way to participate in established trends. The larger the volume on a break of longer consolidation levels, the greater the odds of a new trend being able to sustain the move. Fundamental developments that accompany a break higher or lower also increase the odds of continued directional movement as more participants are attracted to the action.”
an extract from “TA using multiple timeframes”
by Brian Shannon
We have tested every system under the sun and amazingly, we have found one that actually works well. It is a very good system, but for obvious reasons, I can’t tell you much more about it. The basic premise of the system is that market move sharply, when they move. If there is a sudden range expansion in a market that has been trading narrowly, human nature is to try to fade that price move. When you get a range expansion, the market is sending you a very loud, clear signal that the market is getting ready to move in the direction of that expansion.”
Paul Tudor Jones II
- Ivanhoff Capital
T.me/AlliesFin
Fwded...
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Make Money Work for you...
#Equity
#Currency
#Trading
#Training
#Tutorials
#Online #Offline
#Risk #Management
Market News & Updates
Channel 4 Educational Purpose Only,
Contact @AxitDShah +919869958999
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