*Mkt. Updates :*
*SGX Nifty -36 pts (18034) from last trade 18070 ,*
Nikkei +49 pts ,
Hangseng +169 pts ,
Around @ 6.52am .
Dow -339.69 pts ,Nsdq -153.52 pts, S&P
-44.87 pts, Bovespa +2306 pts , Ftse +48 Pts , Dax -54 pts , Cac -14 pts , Crude @ $73.98 brl (+0.31), Brent @ $78.88 brl (+1.04) , Gold @ 1837.40 (-3.20), Silver @ $23.355 (-0.06), Euro @ $1.0522, JPY @ $133.40, INR @ 82.565
*US GOVT. 10-YEAR YIELD : 3.73%*
*Today's Corporate Action, 06 Jan Ex Date :*
GLCL
Bonus issue 1:1
JAGRAN
Buy Back of Shares
PIONDIST
Amalgamation
RAMASTEEL
Bonus issue 4:1
SPLPETRO
Stock Split From Rs.4/- to Rs.2/-
*Today's Key Results/Board Meetings, 06-Jan-22 :*
DRA
General
DRONACHRYA
General
INDOWIND
Quarterly Results
INDUSFINL
Quarterly Results
INOXGREEN
General
KHAITANLTD
General
OISL
General;Quarterly Results
*SEC. IN F&O BAN FOR, 06 JAN, 2023 :*
*1. IBULHSGFIN*
*ADDITION : IBULHSGFIN*
*DELETION : NIL*
*Today's Alert :*
*RBI to Conduct Auction of GOI BONDS for INR 280 Billion*
*SGX Nifty -36 pts (18034) from last trade 18070 ,*
Nikkei +49 pts ,
Hangseng +169 pts ,
Around @ 6.52am .
Dow -339.69 pts ,Nsdq -153.52 pts, S&P
-44.87 pts, Bovespa +2306 pts , Ftse +48 Pts , Dax -54 pts , Cac -14 pts , Crude @ $73.98 brl (+0.31), Brent @ $78.88 brl (+1.04) , Gold @ 1837.40 (-3.20), Silver @ $23.355 (-0.06), Euro @ $1.0522, JPY @ $133.40, INR @ 82.565
*US GOVT. 10-YEAR YIELD : 3.73%*
*Today's Corporate Action, 06 Jan Ex Date :*
GLCL
Bonus issue 1:1
JAGRAN
Buy Back of Shares
PIONDIST
Amalgamation
RAMASTEEL
Bonus issue 4:1
SPLPETRO
Stock Split From Rs.4/- to Rs.2/-
*Today's Key Results/Board Meetings, 06-Jan-22 :*
DRA
General
DRONACHRYA
General
INDOWIND
Quarterly Results
INDUSFINL
Quarterly Results
INOXGREEN
General
KHAITANLTD
General
OISL
General;Quarterly Results
*SEC. IN F&O BAN FOR, 06 JAN, 2023 :*
*1. IBULHSGFIN*
*ADDITION : IBULHSGFIN*
*DELETION : NIL*
*Today's Alert :*
*RBI to Conduct Auction of GOI BONDS for INR 280 Billion*
• Stocks in India Plunge for Second Day as Bank Selloff Extends
• Gold Falls From Six-Month High as Yields Rise After Fed Minutes
• EM Fundamentals’ China-Powered Boost Frames Near-Term Outlook
• Saudi Arabia Cuts Oil Prices for Asia and Europe as Demand Slows
• India Is Top US Crude Buyer for Second Straight Month: Census
• India Has No Plans to Mandate Green Hydrogen Use by Industry
• Yale, Oxford Get Path to Open India Campuses as Modi Eases Rules
• Eleven Covid Variants Found in India Among Foreign Passengers
• Earthquake of Magnitude 5.9 Hits Afghanistan: Seismology Center
• Manchester City Signs Pact with Ambani’s Jio to Spur India Push
• Foreign Outflows From India Bonds Gain Momentum
• India Dec. Coal Output Jumps 10.8% Y/y to 82.9 Million Tons
• Bharat Petroleum Unit Is Said to Seek Loan of Up to $350m
• IDBI: SEBI Allows Bank to Seek Change in Govt Holding Category
• RBI: Self-declaration enough for Re-KYC if no change of Info
• Saudi Arabia Cuts Oil Prices for Main Market as Demand Slows
• Global Funds sells NET INR 14.5B of India stocks JAN. 5 : NSE
o Domestic funds sell net 1.94B rupees of India stocks JAN. 5: NSE
• Google Set to Challenge India’s Android Antitrust Ruling: Rtrs
• It’s time for India to institute dedicated infrastructure law: IIFCL MD
• Govt to soon release norms to support innovation by startups in technical textiles
• Vimeo to lay off 11% staff, CEO says ‘hard decision’ but ‘responsible choice’
• Xiaomi unveils Redmi Note 12 Pro+ at Rs 30K, sale begins next week
• Ambuja Cements (ACEM): Ambuja Cements Incorporates Unit Ambuja Resources
• Bajaj Finserv (BJFIN): Bajaj Allianz General Dec. Gross Direct Premium Inr12.1B
• Coal India (COAL): India Dec. Coal Output 82.9M Tons, up 10.8% Y/Y: Ministry
• Coal India (COAL): India Dec. Coal Output Jumps 10.8% Y/y to 82.9 Million Tons
• Coal India (COAL): India Dec. Coal Shipments Were 78.9 M Tons, up 5.3% Y/Y
• Larsen (LT): L&T to Sell Entire Stake of 99% in Think Tower Developers
• Mahindra (MM): Mahindra - Voluntary Liquidation of Mahindra West Africa
• Reliance (RIL): Ambani Focuses on $75 Billion Green Bet as Scions Step Up
• Reliance (RIL): Hamdard Signs Pact With Reliance Met City for Food Park Cluster
• Tata Motors (TTMT): Tata Motors to Report 3Q Results on Jan. 25
• Power Finance, REC Ltd., Abbott India Hit 52-Week Highs: NSE 200
• Apollo Tyres Shares Up 5.8%, Most in 5 Weeks; Call Options Surge
• Gold Falls From Six-Month High as Yields Rise After Fed Minutes
• EM Fundamentals’ China-Powered Boost Frames Near-Term Outlook
• Saudi Arabia Cuts Oil Prices for Asia and Europe as Demand Slows
• India Is Top US Crude Buyer for Second Straight Month: Census
• India Has No Plans to Mandate Green Hydrogen Use by Industry
• Yale, Oxford Get Path to Open India Campuses as Modi Eases Rules
• Eleven Covid Variants Found in India Among Foreign Passengers
• Earthquake of Magnitude 5.9 Hits Afghanistan: Seismology Center
• Manchester City Signs Pact with Ambani’s Jio to Spur India Push
• Foreign Outflows From India Bonds Gain Momentum
• India Dec. Coal Output Jumps 10.8% Y/y to 82.9 Million Tons
• Bharat Petroleum Unit Is Said to Seek Loan of Up to $350m
• IDBI: SEBI Allows Bank to Seek Change in Govt Holding Category
• RBI: Self-declaration enough for Re-KYC if no change of Info
• Saudi Arabia Cuts Oil Prices for Main Market as Demand Slows
• Global Funds sells NET INR 14.5B of India stocks JAN. 5 : NSE
o Domestic funds sell net 1.94B rupees of India stocks JAN. 5: NSE
• Google Set to Challenge India’s Android Antitrust Ruling: Rtrs
• It’s time for India to institute dedicated infrastructure law: IIFCL MD
• Govt to soon release norms to support innovation by startups in technical textiles
• Vimeo to lay off 11% staff, CEO says ‘hard decision’ but ‘responsible choice’
• Xiaomi unveils Redmi Note 12 Pro+ at Rs 30K, sale begins next week
• Ambuja Cements (ACEM): Ambuja Cements Incorporates Unit Ambuja Resources
• Bajaj Finserv (BJFIN): Bajaj Allianz General Dec. Gross Direct Premium Inr12.1B
• Coal India (COAL): India Dec. Coal Output 82.9M Tons, up 10.8% Y/Y: Ministry
• Coal India (COAL): India Dec. Coal Output Jumps 10.8% Y/y to 82.9 Million Tons
• Coal India (COAL): India Dec. Coal Shipments Were 78.9 M Tons, up 5.3% Y/Y
• Larsen (LT): L&T to Sell Entire Stake of 99% in Think Tower Developers
• Mahindra (MM): Mahindra - Voluntary Liquidation of Mahindra West Africa
• Reliance (RIL): Ambani Focuses on $75 Billion Green Bet as Scions Step Up
• Reliance (RIL): Hamdard Signs Pact With Reliance Met City for Food Park Cluster
• Tata Motors (TTMT): Tata Motors to Report 3Q Results on Jan. 25
• Power Finance, REC Ltd., Abbott India Hit 52-Week Highs: NSE 200
• Apollo Tyres Shares Up 5.8%, Most in 5 Weeks; Call Options Surge
India Daybook – Stocks in News
*RVNL:* Company gets order worth Rs 166 cr from Gujarat Metro (Positive)
*MTAR Technologies:* Nippon Life India Trustee bought 30,011 equity shares or 0.097 percent stake in the company (Positive)
*Kewal Kiran Clothing:* KKCL announced strategic partnership with BCCI as the Indian Cricket Team's 'official partner'. (Positive)
*Godrej Agrovet:* The company will be setting up an edible oil processing plant in Khammam district in Telangana (Positive)
*RHI Magnesita:* The company has received approval from BSE and NSE for acquisition of refractory business of Dalmia Bharat Refractories for Rs 1,708 crore (Positive)
*Equitas Small Finance Bank:* The bank's gross advances rose 27% YoY to Rs 24,923 crore as on December (Positive)
*Precision Wires:* The board of directors will be meeting to consider a proposal to raise funds through issue of equity shares. (Positive)
*RPP Infraprojects:* The company’s board will meet to consider and approve raising funds through issue of one or more instruments, including equity shares. (Positive)
*Reliance Ind:* Manchester City partners with Jio Platforms Delhi (Positive)
*Ambuja Cements:* Incorporates wholly-owned subsidiary - Ambuja Resources Ltd. (Neutral)
*Mukand:* The company completed the transfer of 45.94 acres of the land at Kalwe / Dighe facility in Thane District. (Neutral)
*IDBI Bank:* SEBI says new IDBI owner to meet public holding rules in one year (Neutral)
*Dharmaj Crop:* The agrochemical company has approved resignation of Vishal Domadia from the post of Chief Financial officer (Neutral)
*Aster DM:* Sreenath Pocha Reddy, Group Chief Financial Officer and key managerial personnel of the company has tendered his resignation (Neutral)
*Larsen & Toubro:* Subsidiary L&T Realty Developers has entered into an agreement to sell entire stake of 99 percent in its subsidiary Think Tower Developers (Neutral)
*Tata Motors:* Subsidiary Jaguar Land Rover's sales in the UK fell 12.5% YoY in December to 3,501 units (Neutral)
*Bajaj Finserv:* The company's subsidiary Bajaj Allianz General Insurance Co Ltd's gross direct premium underwritten stood at Rs 1,209 crore in December (Neutral)
*RVNL:* Company gets order worth Rs 166 cr from Gujarat Metro (Positive)
*MTAR Technologies:* Nippon Life India Trustee bought 30,011 equity shares or 0.097 percent stake in the company (Positive)
*Kewal Kiran Clothing:* KKCL announced strategic partnership with BCCI as the Indian Cricket Team's 'official partner'. (Positive)
*Godrej Agrovet:* The company will be setting up an edible oil processing plant in Khammam district in Telangana (Positive)
*RHI Magnesita:* The company has received approval from BSE and NSE for acquisition of refractory business of Dalmia Bharat Refractories for Rs 1,708 crore (Positive)
*Equitas Small Finance Bank:* The bank's gross advances rose 27% YoY to Rs 24,923 crore as on December (Positive)
*Precision Wires:* The board of directors will be meeting to consider a proposal to raise funds through issue of equity shares. (Positive)
*RPP Infraprojects:* The company’s board will meet to consider and approve raising funds through issue of one or more instruments, including equity shares. (Positive)
*Reliance Ind:* Manchester City partners with Jio Platforms Delhi (Positive)
*Ambuja Cements:* Incorporates wholly-owned subsidiary - Ambuja Resources Ltd. (Neutral)
*Mukand:* The company completed the transfer of 45.94 acres of the land at Kalwe / Dighe facility in Thane District. (Neutral)
*IDBI Bank:* SEBI says new IDBI owner to meet public holding rules in one year (Neutral)
*Dharmaj Crop:* The agrochemical company has approved resignation of Vishal Domadia from the post of Chief Financial officer (Neutral)
*Aster DM:* Sreenath Pocha Reddy, Group Chief Financial Officer and key managerial personnel of the company has tendered his resignation (Neutral)
*Larsen & Toubro:* Subsidiary L&T Realty Developers has entered into an agreement to sell entire stake of 99 percent in its subsidiary Think Tower Developers (Neutral)
*Tata Motors:* Subsidiary Jaguar Land Rover's sales in the UK fell 12.5% YoY in December to 3,501 units (Neutral)
*Bajaj Finserv:* The company's subsidiary Bajaj Allianz General Insurance Co Ltd's gross direct premium underwritten stood at Rs 1,209 crore in December (Neutral)
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 06-01-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +13005* 😀😀
*INDEX FUT. : -72*
*INDEX OPT. : +13518*
*STOCK FUT. : -354*
*STOCK OPT. : -87*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 06-JAN-2023 :*
*FIIS : SELL -2,902 (3,856-6,758)* 😢
*DIIS : BUY +1,083 (6,638-5,555)* 😀
*BSE SENSEX : -453 (59,900)🔽*
*NSE NIFTY : -133 (17,859)🔽*
*BSE MIDCAP. : -183 (25,167)*🔽
*BSE SMLCAP. : -212 (28,784)*🔽
*B. CRUDE : $ 80.41* 🔼 😢
*GOLD: $1848=INR 56,000(10gr)* 🔼 🙂
*SILVER : RS. 71,300 (kg) (5pm) 🔽 😢*
*FOREX : RS. : $ 82.72* 🔽 😔
*7.26% GOI '32 : 7.3736%(99.2150)*🔼 😩
*7.54% GOI '36 : 7.4510% (100.7325)* 🔼 😩
*7.41 GOI '36 : 7.4302% (99.82)* 🔼 😩
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +13005* 😀😀
*INDEX FUT. : -72*
*INDEX OPT. : +13518*
*STOCK FUT. : -354*
*STOCK OPT. : -87*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 06-JAN-2023 :*
*FIIS : SELL -2,902 (3,856-6,758)* 😢
*DIIS : BUY +1,083 (6,638-5,555)* 😀
*BSE SENSEX : -453 (59,900)🔽*
*NSE NIFTY : -133 (17,859)🔽*
*BSE MIDCAP. : -183 (25,167)*🔽
*BSE SMLCAP. : -212 (28,784)*🔽
*B. CRUDE : $ 80.41* 🔼 😢
*GOLD: $1848=INR 56,000(10gr)* 🔼 🙂
*SILVER : RS. 71,300 (kg) (5pm) 🔽 😢*
*FOREX : RS. : $ 82.72* 🔽 😔
*7.26% GOI '32 : 7.3736%(99.2150)*🔼 😩
*7.54% GOI '36 : 7.4510% (100.7325)* 🔼 😩
*7.41 GOI '36 : 7.4302% (99.82)* 🔼 😩
Resolutions for 2023
Support Friends Business
Details
https://www.instagram.com/reel/CnFCBUdtme-/?igshid=YmMyMTA2M2Y=
Support Friends Business
Details
https://www.instagram.com/reel/CnFCBUdtme-/?igshid=YmMyMTA2M2Y=
*SGX Nifty +161 pts (18110) from last trade 17949 ,*
Nikkei clsd ,
Hangseng +304 pts ,
Around @ 6.52am .
Dow +700.53 pts ,Nsdq +264.05 pts, S&P
+86.98 pts, Bovespa +1322 pts , Ftse +66 Pts , Dax +173 pts , Cac +99 pts , Crude @ $74.05 brl (+0.28), Brent @ $78.84 brl (+0.27) , Gold @ 1872.70 (+3.00), Silver @ $24.085 (+0.10), Euro @ $1.0652, JPY @ $131.92, INR @ 82.275
*Today's Corporate Action*
*9th Jan Ex Date*
OMKAR
E.G.M.
VIVANTA
E.G.M.
*Today's Key Results/Board Meetings*
*9-Jan-22*
EMERALD
Quarterly Results
GAL
Quarterly Results
GGL
Quarterly Results
JBFIND
Quarterly Results
NAVODAYENT
General
QRIL
Increase in Authorised Capital;General;Preferential Issue of shares
RANJEET
Preferential Issue of shares
TASHIND
Quarterly Results
TCS
Audited Results;Interim Dividend;Quarterly Results
TIJARIA
Quarterly Results
VISCO
Amalgamation;General
*Stock under F&O ban on NSE*
*09-Dec-22*
1 IBULHSGFIN
Nikkei clsd ,
Hangseng +304 pts ,
Around @ 6.52am .
Dow +700.53 pts ,Nsdq +264.05 pts, S&P
+86.98 pts, Bovespa +1322 pts , Ftse +66 Pts , Dax +173 pts , Cac +99 pts , Crude @ $74.05 brl (+0.28), Brent @ $78.84 brl (+0.27) , Gold @ 1872.70 (+3.00), Silver @ $24.085 (+0.10), Euro @ $1.0652, JPY @ $131.92, INR @ 82.275
*Today's Corporate Action*
*9th Jan Ex Date*
OMKAR
E.G.M.
VIVANTA
E.G.M.
*Today's Key Results/Board Meetings*
*9-Jan-22*
EMERALD
Quarterly Results
GAL
Quarterly Results
GGL
Quarterly Results
JBFIND
Quarterly Results
NAVODAYENT
General
QRIL
Increase in Authorised Capital;General;Preferential Issue of shares
RANJEET
Preferential Issue of shares
TASHIND
Quarterly Results
TCS
Audited Results;Interim Dividend;Quarterly Results
TIJARIA
Quarterly Results
VISCO
Amalgamation;General
*Stock under F&O ban on NSE*
*09-Dec-22*
1 IBULHSGFIN
Namate
• Paytm Founder May Not Be Eligible for Stock Options: Proxy Firm
• India Court Allows Insolvency Request Against Future Group Chain
• India Gets Expressions of Interest for Stake in IDBI Bank
• India Set to Lose Fastest-Growing Major Economy Title (3)
o Statistics ministry sees 7% GDP expansion this fiscal year
• India to Join Sovereign Green Bond Club With $2 Billion Issuance
o First green bond auction to take place on Jan. 25: RBI
• India Offshore Bond Drought May End With Bank Said to Weigh Sale
• Swiss Government Agency Wins Rare Trademark Case in Indian Court
• SEBI Plans to Tighten Investment Valuation Norms for India AIFs
• SEBI issues operational circular for Credit Rating Agencies
• India Yet to Give Quality Approval for 160 Chinese Toy Sellers
• Exim Bank Is Said to be in Talks to Raise Up to $1b Via Bonds
• Farmers in India Boost Planting of Winter-Sown Wheat and Pulses
• Forex Reserves Rise $44m to $562.9b in a Week to Dec. 30
• Templeton Buys India Tech Startups After $20 Billion Rout
• Stocks in India Resume Weekly Plunge Amid Worries Over Growth
• Global Funds Sell NET INR 29 B of India stocks Jan. 6 : NSE
o Domestic funds buy 10.8 billion ruppes of India stocks
• India Denies Bids by Google, Facebook to Start New Platform: ET
• Amazon Layoffs to Impact Around 1,000 Staff in India: ET
• Torrent Offers Reliance Capital Bid as Cash Upfront: Mint
• Paytm Bank Gets RBI Nod for Surinder Chawla as New CEO: Mint
• Apple Begins Hiring Retail Store Employees in India, FT Reports
• Aditya Birla Fashion & Retail (ABFRL): Will issue NCDs worth 5 billion rupees on or after Jan. 13
• Adani Enterprises (ADE): Adani Group Is Said to Have Initial Interest in PTC Stake Sale
• Gland Pharma (GLAND): In a Share Purchase Agreement with FPCI Sino French Midcap Fund for acquisition of ‘Cenexi’
• HCL Technologies (HCLT): Picked by US-based ODP Corp. as primary IT partner
• Karnavati Finance (KAFN): To consider stock split on Jan. 30
• Lupin (LPC): Lupin: Usfda Nod for Generic of Toviaz Extended- Release Tablets
• NTPC (NTPC): India-Backed Power Trader Stake Is Said to Draw Adani Interest
• Paytm Founder May Not Be Eligible for Stock Options: Proxy Firm
• India Court Allows Insolvency Request Against Future Group Chain
• India Gets Expressions of Interest for Stake in IDBI Bank
• India Set to Lose Fastest-Growing Major Economy Title (3)
o Statistics ministry sees 7% GDP expansion this fiscal year
• India to Join Sovereign Green Bond Club With $2 Billion Issuance
o First green bond auction to take place on Jan. 25: RBI
• India Offshore Bond Drought May End With Bank Said to Weigh Sale
• Swiss Government Agency Wins Rare Trademark Case in Indian Court
• SEBI Plans to Tighten Investment Valuation Norms for India AIFs
• SEBI issues operational circular for Credit Rating Agencies
• India Yet to Give Quality Approval for 160 Chinese Toy Sellers
• Exim Bank Is Said to be in Talks to Raise Up to $1b Via Bonds
• Farmers in India Boost Planting of Winter-Sown Wheat and Pulses
• Forex Reserves Rise $44m to $562.9b in a Week to Dec. 30
• Templeton Buys India Tech Startups After $20 Billion Rout
• Stocks in India Resume Weekly Plunge Amid Worries Over Growth
• Global Funds Sell NET INR 29 B of India stocks Jan. 6 : NSE
o Domestic funds buy 10.8 billion ruppes of India stocks
• India Denies Bids by Google, Facebook to Start New Platform: ET
• Amazon Layoffs to Impact Around 1,000 Staff in India: ET
• Torrent Offers Reliance Capital Bid as Cash Upfront: Mint
• Paytm Bank Gets RBI Nod for Surinder Chawla as New CEO: Mint
• Apple Begins Hiring Retail Store Employees in India, FT Reports
• Aditya Birla Fashion & Retail (ABFRL): Will issue NCDs worth 5 billion rupees on or after Jan. 13
• Adani Enterprises (ADE): Adani Group Is Said to Have Initial Interest in PTC Stake Sale
• Gland Pharma (GLAND): In a Share Purchase Agreement with FPCI Sino French Midcap Fund for acquisition of ‘Cenexi’
• HCL Technologies (HCLT): Picked by US-based ODP Corp. as primary IT partner
• Karnavati Finance (KAFN): To consider stock split on Jan. 30
• Lupin (LPC): Lupin: Usfda Nod for Generic of Toviaz Extended- Release Tablets
• NTPC (NTPC): India-Backed Power Trader Stake Is Said to Draw Adani Interest
Business headlines
* Govt received multiple EoI for IDBI Bank stake sale, says divest secy (Informist)
* RJio launches 5G services in Rajasthan's Jaipur, Jodhpur, Udaipur (Informist)
* Auditor detects 2.96-bln-rupee fraud transactions at Srei Equipment (Informist)
* Auditor finds 475-mln-rupee fraud transactions at Srei Equipment Fin (Informist)
* Tata Steel domestic sales rise 7% on year to 4.73 mln tn in Oct-Dec (Informist)
* Asian Paints board OKs 20-bln-rupee investment in new mfg plant (Informist)
* Titan Co Oct-Dec sales rise 12% on year, watch sales up 14% (Informist)
* Gujarat Pipavav Port container volume up 22% on year in Oct-Dec (Informist)
* Kalyan Jewellers' Oct-Dec consol revenue rises 13% on festival demand (Informist)
* US FDA seeks additional data in Biocon's application for Insulin-R (Informist)
* Ease of doing business is not just centre's responsibility, says finance minister (BL)
* Customs duty on 35 items may be hiked in Budget (ET)
* Economists peg India's FY24 growth at 6% after advance estimates (BS)
* Remittance cost likely to be cut to 3% by 2027 (ET)
* Lenders may hold another round of auction for cash-strapped RCap (BS)
* Ather Energy sets $1 bln revenue target for this year (Mint)
* Govt coffers swell on boost from import duty receipts (Mint)
* Customers scramble as new bank locker rules kick in (Mint)
* IL&FS pays Canara Bank, others 13 bln rupees (ET)
* Price growth drove India's pharmaceutical sales in 2022, shows data (BS)
* Smaller AMCs shine, see robust growth in 2022 (FE)
* Rel Consumer to focus equally on full FMCG range, backend sourcing (ET)
* Apple starts recruitment for flagship retail stores in India (ET)
* Disney unit buys Hotstar’s US business for 1,780 mln rupees (ET)
* Mercedes expects double-digit growth in India in 2023 despite weak rupee (RTR)
* Russian shipment for Bangladesh nuclear plant docks at Haldia port (ET)
* Fairfax ex-head, Kingfisher veteran plan regional airline (ET)
* Piyush Goyal to attend India-US Trade Policy Forum on Jan 11 (BS)
* Govt received multiple EoI for IDBI Bank stake sale, says divest secy (Informist)
* RJio launches 5G services in Rajasthan's Jaipur, Jodhpur, Udaipur (Informist)
* Auditor detects 2.96-bln-rupee fraud transactions at Srei Equipment (Informist)
* Auditor finds 475-mln-rupee fraud transactions at Srei Equipment Fin (Informist)
* Tata Steel domestic sales rise 7% on year to 4.73 mln tn in Oct-Dec (Informist)
* Asian Paints board OKs 20-bln-rupee investment in new mfg plant (Informist)
* Titan Co Oct-Dec sales rise 12% on year, watch sales up 14% (Informist)
* Gujarat Pipavav Port container volume up 22% on year in Oct-Dec (Informist)
* Kalyan Jewellers' Oct-Dec consol revenue rises 13% on festival demand (Informist)
* US FDA seeks additional data in Biocon's application for Insulin-R (Informist)
* Ease of doing business is not just centre's responsibility, says finance minister (BL)
* Customs duty on 35 items may be hiked in Budget (ET)
* Economists peg India's FY24 growth at 6% after advance estimates (BS)
* Remittance cost likely to be cut to 3% by 2027 (ET)
* Lenders may hold another round of auction for cash-strapped RCap (BS)
* Ather Energy sets $1 bln revenue target for this year (Mint)
* Govt coffers swell on boost from import duty receipts (Mint)
* Customers scramble as new bank locker rules kick in (Mint)
* IL&FS pays Canara Bank, others 13 bln rupees (ET)
* Price growth drove India's pharmaceutical sales in 2022, shows data (BS)
* Smaller AMCs shine, see robust growth in 2022 (FE)
* Rel Consumer to focus equally on full FMCG range, backend sourcing (ET)
* Apple starts recruitment for flagship retail stores in India (ET)
* Disney unit buys Hotstar’s US business for 1,780 mln rupees (ET)
* Mercedes expects double-digit growth in India in 2023 despite weak rupee (RTR)
* Russian shipment for Bangladesh nuclear plant docks at Haldia port (ET)
* Fairfax ex-head, Kingfisher veteran plan regional airline (ET)
* Piyush Goyal to attend India-US Trade Policy Forum on Jan 11 (BS)
TCS Q3FY23 Result First Cut: All round Beat; Special Dividend Announced
➡️In CC terms Revenue reported 13.5% YoY growth, better than our expectations. CC sequential growth not yet announced, but our calculation suggests CC sequential growth would be ~3%. This is much better than our and street expectations.
➡️In USD terms Revenue grew by 3.3% QoQ and 9% YoY to USD 7.1 Bn against our expectations of 7% YoY and 1.5% QoQ growth.
➡️ INR terms Revenue grew by 19.1% YoY to INR 583 Bn against our expectations of 17% YoY growth.
➡️TCS reported Operating margin of 24.5% in Q3FY23 which was 50 bps higher sequentially and inline with our estimates. EBIT grew by 16.7% YoY and 7.6% QoQ.
➡️PAT grew by 11% YoY and 4% QoQ to 108 bn. This was lower our and street estimates.
➡️The company reported orderbook of US$7.8bn which remained flat YoY but maintained a comfortable level. Book to Bill ratio came at 1.1x.
➡️Vertical wise YoY performance- Growth was led by Retail and CPG (18.7%) and Life Sciences & Healthcare verticals (+14.4%). Communications & Media grew +13.5% and Technology & Services grew +13.6%. Manufacturing grew +12.5% while BFSI grew +11.1%.
➡️Geography Wise YoY Performance: Among major markets, North America and UK led with +15.4% growth; Continental Europe grew +9.7%. In emerging markets, Latin America grew +14.6%, India grew +9.1%, Asia Pacific grew +9.5% and Middle East & Africa grew +8.6%.
➡️Attrition came at 21.3%, flat sequentially. Net hiring came negative ~2,200 people which push the utilisation higher in this quarter.
➡️Total Company announced Dividend of INR 75 per share including INR 67 as special dividend Record date 17/01/2023 | Payment date 03/02/2023.
➡️Commentary of CEO: ““We are pleased with our strong growth in a seasonally weak quarter, driven by cloud services, market share gains through vendor consolidation, and continued momentum in North America and UK. The sustained strength of demand for our services is a validation of the value we provide to our clients in helping them differentiate themselves, while enhancing their competitiveness. Looking ahead, and beyond current uncertainties, our longer-term growth outlook remains robust.”
ConCall Details:
Time: 09th January 07:00 p.m.
Primary Access: +91 22 6280 1108
Secondary Access: +91 22 7115 8009
➡️In CC terms Revenue reported 13.5% YoY growth, better than our expectations. CC sequential growth not yet announced, but our calculation suggests CC sequential growth would be ~3%. This is much better than our and street expectations.
➡️In USD terms Revenue grew by 3.3% QoQ and 9% YoY to USD 7.1 Bn against our expectations of 7% YoY and 1.5% QoQ growth.
➡️ INR terms Revenue grew by 19.1% YoY to INR 583 Bn against our expectations of 17% YoY growth.
➡️TCS reported Operating margin of 24.5% in Q3FY23 which was 50 bps higher sequentially and inline with our estimates. EBIT grew by 16.7% YoY and 7.6% QoQ.
➡️PAT grew by 11% YoY and 4% QoQ to 108 bn. This was lower our and street estimates.
➡️The company reported orderbook of US$7.8bn which remained flat YoY but maintained a comfortable level. Book to Bill ratio came at 1.1x.
➡️Vertical wise YoY performance- Growth was led by Retail and CPG (18.7%) and Life Sciences & Healthcare verticals (+14.4%). Communications & Media grew +13.5% and Technology & Services grew +13.6%. Manufacturing grew +12.5% while BFSI grew +11.1%.
➡️Geography Wise YoY Performance: Among major markets, North America and UK led with +15.4% growth; Continental Europe grew +9.7%. In emerging markets, Latin America grew +14.6%, India grew +9.1%, Asia Pacific grew +9.5% and Middle East & Africa grew +8.6%.
➡️Attrition came at 21.3%, flat sequentially. Net hiring came negative ~2,200 people which push the utilisation higher in this quarter.
➡️Total Company announced Dividend of INR 75 per share including INR 67 as special dividend Record date 17/01/2023 | Payment date 03/02/2023.
➡️Commentary of CEO: ““We are pleased with our strong growth in a seasonally weak quarter, driven by cloud services, market share gains through vendor consolidation, and continued momentum in North America and UK. The sustained strength of demand for our services is a validation of the value we provide to our clients in helping them differentiate themselves, while enhancing their competitiveness. Looking ahead, and beyond current uncertainties, our longer-term growth outlook remains robust.”
ConCall Details:
Time: 09th January 07:00 p.m.
Primary Access: +91 22 6280 1108
Secondary Access: +91 22 7115 8009
👍1
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 09-01-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +4555* 😀
*INDEX FUT. : +2178*
*INDEX OPT. : +169*
*STOCK FUT. : +1982*
*STOCK OPT. : +226*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 09-JAN-2023 :*
*FIIS : SELL -203 (8,643-8,846)* 😔
*DIIS : BUY +1,724 (6,476-4,752)* 😀
*BSE SENSEX : +847 (60,747)🔼*
*NSE NIFTY : +242 (18,101)🔼*
*BSE MIDCAP. : +234 (25,401)*🔼
*BSE SMLCAP. : +144 (28,928)*🔼
*B. CRUDE : $ 80.62* 🔼 😔
*GOLD: $1877=INR 56,700(10gr)* 🔼 😊
*SILVER : RS. 72,100 (kg) (5pm) 🔼 😊*
*FOREX : RS. : $ 82.36* 🔼 😊
*7.26% GOI '32 : 7.3427%(99.4250)*🔽 😊
*7.54% GOI '36 : 7.4074% (101.10)* 🔽 😊
*7.41 GOI '36 : 7.4045% (100.04)* 🔽 😊
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +4555* 😀
*INDEX FUT. : +2178*
*INDEX OPT. : +169*
*STOCK FUT. : +1982*
*STOCK OPT. : +226*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 09-JAN-2023 :*
*FIIS : SELL -203 (8,643-8,846)* 😔
*DIIS : BUY +1,724 (6,476-4,752)* 😀
*BSE SENSEX : +847 (60,747)🔼*
*NSE NIFTY : +242 (18,101)🔼*
*BSE MIDCAP. : +234 (25,401)*🔼
*BSE SMLCAP. : +144 (28,928)*🔼
*B. CRUDE : $ 80.62* 🔼 😔
*GOLD: $1877=INR 56,700(10gr)* 🔼 😊
*SILVER : RS. 72,100 (kg) (5pm) 🔼 😊*
*FOREX : RS. : $ 82.36* 🔼 😊
*7.26% GOI '32 : 7.3427%(99.4250)*🔽 😊
*7.54% GOI '36 : 7.4074% (101.10)* 🔽 😊
*7.41 GOI '36 : 7.4045% (100.04)* 🔽 😊
*MKT. UPDATES :*
*SGX Nifty -10 pts (18152) from last trade 18162 ,*
Nikkei +195 pts ,
Hangseng -18 pts ,
Around @ 6.52am .
Dow -112.96 pts ,Nsdq +66.36 pts, S&P
-2.99 pts, Bovespa +165 pts , Ftse +25 Pts , Dax +182 pts , Cac +46 pts , Crude @ $74.85 brl (+0.24), Brent @ $79.80 brl (+1.23) , Gold @ 1875.10 (-2.70), Silver @ $23.765 (+0.10), Euro @ $1.073, JPY @ $131.80, INR @ 82.175
*US GOVT. 10-YEAR YIELD : 3.54%*
*Today's Corporate Action, 10 Jan Ex Date :*
RAJNISH
Stock Split From Rs.2/- to Rs.1/-
*Today's Key Results/Board Meetings, 10-Jan-22 :*
AARSHYAM
Quarterly Results
ATHARVENT
General;Quarterly Results
EARUM
Increase in Authorised Capital;Rights Issue
EASUN
General
EXCEL
General;Quarterly Results
GGPL
General;Quarterly Results
GISOLUTION
Quarterly Results
GMPL
General
MAGNUM
Issue Of Warrants
MARSONS
Quarterly Results
PRERINFRA
Quarterly Results
QUESTCAP
Quarterly Results
RLF
Quarterly Results
VISAGAR
Quarterly Results
*SEC. IN F&O BAN FOR, 10 JAN, 2023 :*
*1. IBULHSGFIN 2. GNFC*
*ADDITION : GNFC*
*DELETION : NIL*
*Today's Alert :*
*RBI to Conduct Auction of SDLS BONDS for INR 60 Billion*
*SGX Nifty -10 pts (18152) from last trade 18162 ,*
Nikkei +195 pts ,
Hangseng -18 pts ,
Around @ 6.52am .
Dow -112.96 pts ,Nsdq +66.36 pts, S&P
-2.99 pts, Bovespa +165 pts , Ftse +25 Pts , Dax +182 pts , Cac +46 pts , Crude @ $74.85 brl (+0.24), Brent @ $79.80 brl (+1.23) , Gold @ 1875.10 (-2.70), Silver @ $23.765 (+0.10), Euro @ $1.073, JPY @ $131.80, INR @ 82.175
*US GOVT. 10-YEAR YIELD : 3.54%*
*Today's Corporate Action, 10 Jan Ex Date :*
RAJNISH
Stock Split From Rs.2/- to Rs.1/-
*Today's Key Results/Board Meetings, 10-Jan-22 :*
AARSHYAM
Quarterly Results
ATHARVENT
General;Quarterly Results
EARUM
Increase in Authorised Capital;Rights Issue
EASUN
General
EXCEL
General;Quarterly Results
GGPL
General;Quarterly Results
GISOLUTION
Quarterly Results
GMPL
General
MAGNUM
Issue Of Warrants
MARSONS
Quarterly Results
PRERINFRA
Quarterly Results
QUESTCAP
Quarterly Results
RLF
Quarterly Results
VISAGAR
Quarterly Results
*SEC. IN F&O BAN FOR, 10 JAN, 2023 :*
*1. IBULHSGFIN 2. GNFC*
*ADDITION : GNFC*
*DELETION : NIL*
*Today's Alert :*
*RBI to Conduct Auction of SDLS BONDS for INR 60 Billion*
*News Headlines from Business News Agencies:*
*Business Standard :*
• Bond issuance by banks to touch record Rs 1.3 trn in FY23: Report
• JSW Steel's combined output in Q3 grows 17% to 6.24 MT, says report
• Toyota Kirloskar Motors restarts booking for Hilux utility vehicle
• Meta hires former Tata CLiQ CEO to head global business group in India
• Freebie culture hurting economic growth, must end: L&T chairman A M Naik
• Goldman Sachs to cut about 3,200 jobs this week after cost review
• Paytm's loan disbursals jump 330 per cent in December, GMV up 38 per cent
• HDFC Capital raises $376 million for affordable housing fund H-Care 3
• CESL invites bids to lease out 3,500 e-vehicles for period of up to 5 years
• Govt considering textile duty structure rejig in Union Budget: Report
• Malaysia pledges to invest in development of Indonesia's new capital
• Cargo ship that went aground in Suez Canal refloated, say officials
• Japanese PM Kishida highlights security concerns on trip to Europe, US
• Taiwan passes 'Chips Act', offers tax credits to local chipmakers
• TCS reports 11% net profit jump in Q3, announces dividend of Rs 75 a share
• Govt mulls lifting rice export curbs as supply improves, prices stabilise
*Economic Times :*
• With $10.8 billion, Bengaluru top city on startup funding in 2022
• A peek into Reliance's plan to shake up FMCG biz
• IDBI divestment to complete in FY24: DIPAM Secy
• Fall in nominal GDP to challenge India's fiscal math
• Amul MD RS Sodhi resigns, Jayen Mehta takes charge
• Prem Watsa's top India ally, former Kingfisher honcho come together to plan new airline
• FPIs dumped Indian IT stocks worth Rs 72,000 crore in 2022 over recession fears
• R-Cap's lenders queue up to vote for need of a second auction; NCLT to hear Torrent's plea on Jan 12
• China central bank to support private firms, ease tech crackdown
• India's December fuel demand rises 3.1% year on year
• TCS headcount falls by over 2,000 QoQ despite improvement in attrition
• Banks raise record Rs 91,500 crore in debt capital in FY23 so far: Report
• Govt likely to dismantle Digital Communications Commission: Sources
• India asks utilities to import 6% of their coal for nine months
• Airtel Africa acquires 4G, 5G spectrum for $316.7 million
*Mint :*
• Investors' wealth rise by over ₹3.24 lakh cr in a day as markets recover
• AstraZeneca to buy US cardiorenal-drug maker
• Jaguar Land Rover sees Q3 free cash flow above $485 million
• Indian diaspora should tell the world that India is a land of opportunity: Goyal
• India asks utilities to import 6% of their coal for nine months
• ONGC's overseas arm retakes 20% stake in Sakhalin-1 oil, gas fields
• India has a robust defence manufacturing ecosystem: Defence Minister
• Govt advisory to TV channels against broadcasting disturbing footage
• JSL reduced 1.4 lakh tons CO2 emission in FY22: MD Abhyuday Jindal
• JSW Steel records 17% YoY growth in combined production volumes to 6.24 MT
• India’s credit worthiness stable compared to negative outlook for the world: Moody’s
• Cropin raises ₹113 cr funds from investors including Google, JSR Corp
• Jefferies sees earnings revival for midcaps; prefers capex increase, PLI among themes
*Business Standard :*
• Bond issuance by banks to touch record Rs 1.3 trn in FY23: Report
• JSW Steel's combined output in Q3 grows 17% to 6.24 MT, says report
• Toyota Kirloskar Motors restarts booking for Hilux utility vehicle
• Meta hires former Tata CLiQ CEO to head global business group in India
• Freebie culture hurting economic growth, must end: L&T chairman A M Naik
• Goldman Sachs to cut about 3,200 jobs this week after cost review
• Paytm's loan disbursals jump 330 per cent in December, GMV up 38 per cent
• HDFC Capital raises $376 million for affordable housing fund H-Care 3
• CESL invites bids to lease out 3,500 e-vehicles for period of up to 5 years
• Govt considering textile duty structure rejig in Union Budget: Report
• Malaysia pledges to invest in development of Indonesia's new capital
• Cargo ship that went aground in Suez Canal refloated, say officials
• Japanese PM Kishida highlights security concerns on trip to Europe, US
• Taiwan passes 'Chips Act', offers tax credits to local chipmakers
• TCS reports 11% net profit jump in Q3, announces dividend of Rs 75 a share
• Govt mulls lifting rice export curbs as supply improves, prices stabilise
*Economic Times :*
• With $10.8 billion, Bengaluru top city on startup funding in 2022
• A peek into Reliance's plan to shake up FMCG biz
• IDBI divestment to complete in FY24: DIPAM Secy
• Fall in nominal GDP to challenge India's fiscal math
• Amul MD RS Sodhi resigns, Jayen Mehta takes charge
• Prem Watsa's top India ally, former Kingfisher honcho come together to plan new airline
• FPIs dumped Indian IT stocks worth Rs 72,000 crore in 2022 over recession fears
• R-Cap's lenders queue up to vote for need of a second auction; NCLT to hear Torrent's plea on Jan 12
• China central bank to support private firms, ease tech crackdown
• India's December fuel demand rises 3.1% year on year
• TCS headcount falls by over 2,000 QoQ despite improvement in attrition
• Banks raise record Rs 91,500 crore in debt capital in FY23 so far: Report
• Govt likely to dismantle Digital Communications Commission: Sources
• India asks utilities to import 6% of their coal for nine months
• Airtel Africa acquires 4G, 5G spectrum for $316.7 million
*Mint :*
• Investors' wealth rise by over ₹3.24 lakh cr in a day as markets recover
• AstraZeneca to buy US cardiorenal-drug maker
• Jaguar Land Rover sees Q3 free cash flow above $485 million
• Indian diaspora should tell the world that India is a land of opportunity: Goyal
• India asks utilities to import 6% of their coal for nine months
• ONGC's overseas arm retakes 20% stake in Sakhalin-1 oil, gas fields
• India has a robust defence manufacturing ecosystem: Defence Minister
• Govt advisory to TV channels against broadcasting disturbing footage
• JSL reduced 1.4 lakh tons CO2 emission in FY22: MD Abhyuday Jindal
• JSW Steel records 17% YoY growth in combined production volumes to 6.24 MT
• India’s credit worthiness stable compared to negative outlook for the world: Moody’s
• Cropin raises ₹113 cr funds from investors including Google, JSR Corp
• Jefferies sees earnings revival for midcaps; prefers capex increase, PLI among themes
*India Daybook – Stocks in News*
*Sona BLW:* The company will acquire a 54 percent stake in a Serbian company NOVELIC d.o.o. Beograd – Zvezdara (Positive)
*Bharti Airtel:* Airtel Africa acquires 4G, 5G spectrum for $316.7 million. (Positive)
*JSW Steel:* Company’s combined output in Q3 grows 17% to 6.24 MT, says report (Positive)
*Lupin:* Company gets approval from Spanish Government for reimbursement of Namuscla (Positive)
*Star Health:* The company reported a 13 percent YoY growth in gross direct premium for nine months of FY23 (Positive)
*KRBL/LT Foods:* Government considers lifting rice export curbs as supply improves: ET Sources. (Positive)
*Keystone:* Expect a lot of redevelopment in 2023-24 (Positive)
*Adani Ent:* International Holding Company, Gulf SWFs may go big on Adani Enterprises’ $2.5 billion FPO: ET Sources (Positive)
*Oil Marketing PSUs:* India's December fuel demand rises 3.1% year on year (Positive)
*Reliance Ind:* Arm Reliance Jio Infocomm has launched fifth-generation or 5G wireless services in 10 cities across 4 states (Positive)
*GHCL:* Receives requisite regulatory consent amendment for increase in its Soda Ash production capacity from 11 Lakh Ton Per Annum to 12 Lakh TPA (Positive)
*Tata Motors:* JLR sales for Q3: Wholesales in the quarter rose by 5.7% Vs Q2. (Neutral)
*IRB Infrastructure:* December total toll collection up 6% at Rs 388 c Vs Rs 365.9 cr (MoM). (Neutral)
*HDFC:* HDFC Capital achieves initial close for Scheme 2 of H-CARE 3 (Neutral)
*TCS:* Company reports 11% net profit jump in Q3, announces dividend of Rs 75 a share (Neutral)
*Star Health:* December Premium Up 16% (YoY) YTD Premium up 12.58% (YoY) (Neutral)
*Bilcare:* Ace investor Rekha Jhunjhunwala sold 1.35 lakh equity shares
*Sona BLW:* The company will acquire a 54 percent stake in a Serbian company NOVELIC d.o.o. Beograd – Zvezdara (Positive)
*Bharti Airtel:* Airtel Africa acquires 4G, 5G spectrum for $316.7 million. (Positive)
*JSW Steel:* Company’s combined output in Q3 grows 17% to 6.24 MT, says report (Positive)
*Lupin:* Company gets approval from Spanish Government for reimbursement of Namuscla (Positive)
*Star Health:* The company reported a 13 percent YoY growth in gross direct premium for nine months of FY23 (Positive)
*KRBL/LT Foods:* Government considers lifting rice export curbs as supply improves: ET Sources. (Positive)
*Keystone:* Expect a lot of redevelopment in 2023-24 (Positive)
*Adani Ent:* International Holding Company, Gulf SWFs may go big on Adani Enterprises’ $2.5 billion FPO: ET Sources (Positive)
*Oil Marketing PSUs:* India's December fuel demand rises 3.1% year on year (Positive)
*Reliance Ind:* Arm Reliance Jio Infocomm has launched fifth-generation or 5G wireless services in 10 cities across 4 states (Positive)
*GHCL:* Receives requisite regulatory consent amendment for increase in its Soda Ash production capacity from 11 Lakh Ton Per Annum to 12 Lakh TPA (Positive)
*Tata Motors:* JLR sales for Q3: Wholesales in the quarter rose by 5.7% Vs Q2. (Neutral)
*IRB Infrastructure:* December total toll collection up 6% at Rs 388 c Vs Rs 365.9 cr (MoM). (Neutral)
*HDFC:* HDFC Capital achieves initial close for Scheme 2 of H-CARE 3 (Neutral)
*TCS:* Company reports 11% net profit jump in Q3, announces dividend of Rs 75 a share (Neutral)
*Star Health:* December Premium Up 16% (YoY) YTD Premium up 12.58% (YoY) (Neutral)
*Bilcare:* Ace investor Rekha Jhunjhunwala sold 1.35 lakh equity shares
*News Headlines from Business News Agencies:*
*Business Standard :*
• Bond issuance by banks to touch record Rs 1.3 trn in FY23: Report
• JSW Steel's combined output in Q3 grows 17% to 6.24 MT, says report
• Toyota Kirloskar Motors restarts booking for Hilux utility vehicle
• Meta hires former Tata CLiQ CEO to head global business group in India
• Freebie culture hurting economic growth, must end: L&T chairman A M Naik
• Goldman Sachs to cut about 3,200 jobs this week after cost review
• Paytm's loan disbursals jump 330 per cent in December, GMV up 38 per cent
• HDFC Capital raises $376 million for affordable housing fund H-Care 3
• CESL invites bids to lease out 3,500 e-vehicles for period of up to 5 years
• Govt considering textile duty structure rejig in Union Budget: Report
• Malaysia pledges to invest in development of Indonesia's new capital
• Cargo ship that went aground in Suez Canal refloated, say officials
• Japanese PM Kishida highlights security concerns on trip to Europe, US
• Taiwan passes 'Chips Act', offers tax credits to local chipmakers
• TCS reports 11% net profit jump in Q3, announces dividend of Rs 75 a share
• Govt mulls lifting rice export curbs as supply improves, prices stabilise
*Economic Times :*
• With $10.8 billion, Bengaluru top city on startup funding in 2022
• A peek into Reliance's plan to shake up FMCG biz
• IDBI divestment to complete in FY24: DIPAM Secy
• Fall in nominal GDP to challenge India's fiscal math
• Amul MD RS Sodhi resigns, Jayen Mehta takes charge
• Prem Watsa's top India ally, former Kingfisher honcho come together to plan new airline
• FPIs dumped Indian IT stocks worth Rs 72,000 crore in 2022 over recession fears
• R-Cap's lenders queue up to vote for need of a second auction; NCLT to hear Torrent's plea on Jan 12
• China central bank to support private firms, ease tech crackdown
• India's December fuel demand rises 3.1% year on year
• TCS headcount falls by over 2,000 QoQ despite improvement in attrition
• Banks raise record Rs 91,500 crore in debt capital in FY23 so far: Report
• Govt likely to dismantle Digital Communications Commission: Sources
• India asks utilities to import 6% of their coal for nine months
• Airtel Africa acquires 4G, 5G spectrum for $316.7 million
*Mint :*
• Investors' wealth rise by over ₹3.24 lakh cr in a day as markets recover
• AstraZeneca to buy US cardiorenal-drug maker
• Jaguar Land Rover sees Q3 free cash flow above $485 million
• Indian diaspora should tell the world that India is a land of opportunity: Goyal
• India asks utilities to import 6% of their coal for nine months
• ONGC's overseas arm retakes 20% stake in Sakhalin-1 oil, gas fields
• India has a robust defence manufacturing ecosystem: Defence Minister
• Govt advisory to TV channels against broadcasting disturbing footage
• JSL reduced 1.4 lakh tons CO2 emission in FY22: MD Abhyuday Jindal
• JSW Steel records 17% YoY growth in combined production volumes to 6.24 MT
• India’s credit worthiness stable compared to negative outlook for the world: Moody’s
• Cropin raises ₹113 cr funds from investors including Google, JSR Corp
• Jefferies sees earnings revival for midcaps; prefers capex increase, PLI among themes
*Business Standard :*
• Bond issuance by banks to touch record Rs 1.3 trn in FY23: Report
• JSW Steel's combined output in Q3 grows 17% to 6.24 MT, says report
• Toyota Kirloskar Motors restarts booking for Hilux utility vehicle
• Meta hires former Tata CLiQ CEO to head global business group in India
• Freebie culture hurting economic growth, must end: L&T chairman A M Naik
• Goldman Sachs to cut about 3,200 jobs this week after cost review
• Paytm's loan disbursals jump 330 per cent in December, GMV up 38 per cent
• HDFC Capital raises $376 million for affordable housing fund H-Care 3
• CESL invites bids to lease out 3,500 e-vehicles for period of up to 5 years
• Govt considering textile duty structure rejig in Union Budget: Report
• Malaysia pledges to invest in development of Indonesia's new capital
• Cargo ship that went aground in Suez Canal refloated, say officials
• Japanese PM Kishida highlights security concerns on trip to Europe, US
• Taiwan passes 'Chips Act', offers tax credits to local chipmakers
• TCS reports 11% net profit jump in Q3, announces dividend of Rs 75 a share
• Govt mulls lifting rice export curbs as supply improves, prices stabilise
*Economic Times :*
• With $10.8 billion, Bengaluru top city on startup funding in 2022
• A peek into Reliance's plan to shake up FMCG biz
• IDBI divestment to complete in FY24: DIPAM Secy
• Fall in nominal GDP to challenge India's fiscal math
• Amul MD RS Sodhi resigns, Jayen Mehta takes charge
• Prem Watsa's top India ally, former Kingfisher honcho come together to plan new airline
• FPIs dumped Indian IT stocks worth Rs 72,000 crore in 2022 over recession fears
• R-Cap's lenders queue up to vote for need of a second auction; NCLT to hear Torrent's plea on Jan 12
• China central bank to support private firms, ease tech crackdown
• India's December fuel demand rises 3.1% year on year
• TCS headcount falls by over 2,000 QoQ despite improvement in attrition
• Banks raise record Rs 91,500 crore in debt capital in FY23 so far: Report
• Govt likely to dismantle Digital Communications Commission: Sources
• India asks utilities to import 6% of their coal for nine months
• Airtel Africa acquires 4G, 5G spectrum for $316.7 million
*Mint :*
• Investors' wealth rise by over ₹3.24 lakh cr in a day as markets recover
• AstraZeneca to buy US cardiorenal-drug maker
• Jaguar Land Rover sees Q3 free cash flow above $485 million
• Indian diaspora should tell the world that India is a land of opportunity: Goyal
• India asks utilities to import 6% of their coal for nine months
• ONGC's overseas arm retakes 20% stake in Sakhalin-1 oil, gas fields
• India has a robust defence manufacturing ecosystem: Defence Minister
• Govt advisory to TV channels against broadcasting disturbing footage
• JSL reduced 1.4 lakh tons CO2 emission in FY22: MD Abhyuday Jindal
• JSW Steel records 17% YoY growth in combined production volumes to 6.24 MT
• India’s credit worthiness stable compared to negative outlook for the world: Moody’s
• Cropin raises ₹113 cr funds from investors including Google, JSR Corp
• Jefferies sees earnings revival for midcaps; prefers capex increase, PLI among themes
RESULTS CALENDAR TELEGRAM.ME/ALLiESFiN
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 10-01-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +166* 🙂
*INDEX FUT. : -2453*
*INDEX OPT. : +3504*
*STOCK FUT. : -847*
*STOCK OPT. : -38*
*SEC. IN F&O BAN FOR, 11 JAN, 2023 :*
*1. IBULHSGFIN 2. GNFC*
*ADDITION : NIL*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 10-JAN-2023 :*
*FIIS : SELL -2,109 (6,287-8,306)* 😢
*DIIS : BUY +1,806 (6,558-4,7521)* 😄
*BSE SENSEX : -632 (60,115)🔽*
*NSE NIFTY : -187 (17,914)🔽*
*BSE MIDCAP. : -125 (25,276)*🔽
*BSE SMLCAP. : -133 (28,795)*🔽
*B. CRUDE : $ 79.89* 🔽 🙂
*GOLD: $1875=INR 56,600(10gr)* 🔽 😔
*SILVER : RS. 72,100 (kg) (5pm) ↔️ 😳*
*FOREX : RS. : $ 81.7850* 🔼 😀
*7.26% GOI '32 : 7.3133%(99.6250)*🔽 😊
*7.54% GOI '36 : 7.3873% (101.27)* 🔽 🙂
*7.41 GOI '36 : 7.3744% (100.30)* 🔽 😊
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +166* 🙂
*INDEX FUT. : -2453*
*INDEX OPT. : +3504*
*STOCK FUT. : -847*
*STOCK OPT. : -38*
*SEC. IN F&O BAN FOR, 11 JAN, 2023 :*
*1. IBULHSGFIN 2. GNFC*
*ADDITION : NIL*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 10-JAN-2023 :*
*FIIS : SELL -2,109 (6,287-8,306)* 😢
*DIIS : BUY +1,806 (6,558-4,7521)* 😄
*BSE SENSEX : -632 (60,115)🔽*
*NSE NIFTY : -187 (17,914)🔽*
*BSE MIDCAP. : -125 (25,276)*🔽
*BSE SMLCAP. : -133 (28,795)*🔽
*B. CRUDE : $ 79.89* 🔽 🙂
*GOLD: $1875=INR 56,600(10gr)* 🔽 😔
*SILVER : RS. 72,100 (kg) (5pm) ↔️ 😳*
*FOREX : RS. : $ 81.7850* 🔼 😀
*7.26% GOI '32 : 7.3133%(99.6250)*🔽 😊
*7.54% GOI '36 : 7.3873% (101.27)* 🔽 🙂
*7.41 GOI '36 : 7.3744% (100.30)* 🔽 😊
SGX Nifty -3 pts (17985) from last trade 17988 ,
Nikkei +261 pts ,
Hangseng +132 pts ,
Around @ 6.52am .
Dow +186.45 pts ,Nsdq +106.98 pts, S&P
+27.16 pts, Bovespa +1687 pts , Ftse -30 Pts , Dax -18 pts , Cac -38 pts , Crude @ $74.58 brl (-0.54), Brent @ $79.62 brl (-0.03) , Gold @ 1880.80 (+4.30), Silver @ $23.725 (+0.06), Euro @ $1.0735, JPY @ $132.19, INR @ 81.605
*Today's Corporate Action*
*11th Jan Ex Date*
JETFREIGHT
Right Issue of Equity Shares
JMCPROJECT
Amalgamation
PACIFICI
Right Issue of Equity Shares
WELENT
Special Dividend - Rs. - 7.5000
*Today's Key Results/Board Meetings*
*11-Jan-22*
5PAISA
General;Quarterly Results
AARTECH
General
ALSTONE
Quarterly Results
BAJGLOB
Quarterly Results
BAZELINTER
Employees Stock Option Plan;Increase in Authorised Capital;General;Preferential Issue of shares
BNL
Quarterly Results
CAPFIN
General;Quarterly Results
GORANIN
Quarterly Results
MAHALXSE
General
MARKOLINES
Rights Issue
NATIONSTD
Quarterly Results
RESPONSINF
General
RITESHIN
General
SEL
Quarterly Results
UNIAUTO
General
VEL
Quarterly Results
*Stock under F&O ban on NSE*
*11-Dec-22*
1 GNFC
2 IBULHSGFIN
Nikkei +261 pts ,
Hangseng +132 pts ,
Around @ 6.52am .
Dow +186.45 pts ,Nsdq +106.98 pts, S&P
+27.16 pts, Bovespa +1687 pts , Ftse -30 Pts , Dax -18 pts , Cac -38 pts , Crude @ $74.58 brl (-0.54), Brent @ $79.62 brl (-0.03) , Gold @ 1880.80 (+4.30), Silver @ $23.725 (+0.06), Euro @ $1.0735, JPY @ $132.19, INR @ 81.605
*Today's Corporate Action*
*11th Jan Ex Date*
JETFREIGHT
Right Issue of Equity Shares
JMCPROJECT
Amalgamation
PACIFICI
Right Issue of Equity Shares
WELENT
Special Dividend - Rs. - 7.5000
*Today's Key Results/Board Meetings*
*11-Jan-22*
5PAISA
General;Quarterly Results
AARTECH
General
ALSTONE
Quarterly Results
BAJGLOB
Quarterly Results
BAZELINTER
Employees Stock Option Plan;Increase in Authorised Capital;General;Preferential Issue of shares
BNL
Quarterly Results
CAPFIN
General;Quarterly Results
GORANIN
Quarterly Results
MAHALXSE
General
MARKOLINES
Rights Issue
NATIONSTD
Quarterly Results
RESPONSINF
General
RITESHIN
General
SEL
Quarterly Results
UNIAUTO
General
VEL
Quarterly Results
*Stock under F&O ban on NSE*
*11-Dec-22*
1 GNFC
2 IBULHSGFIN
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