• Adani Group Is Said to Stress Ample Cash on 1st Day of Roadshow
• Air India’s Historic Plane Order Deliveries to Begin This Year
• Gold Edges Lower as US Inflation Data Spurs Rate Hike Concerns
• Russia Boosts Pacific Oil Cargoes as Year of War Reshapes Flows
• India Auctions 10 Coal Mines With 1.87B Tons in Total Reserves
• Fabindia Shelves IPO Plan, to Consider Other Funding Options
• JPMorgan Investment Arm Purges Its ESG Funds of Adani Stocks
• India Stocks Plunge to Four-Month Low; Adani Rout Extends
• 4pm: India fiscal deficit in rupees for Jan., prior 14,822
• 5.30pm: Jan. Eight Infrastructure Industries, prior 7.4%
• 5.30pm: 2023 India GDP Annual Estimate YoY, est. 6.9%
• 5.30pm: India GDP for 4Q, est. 4.7%, prior 6.3%
• 5.30pm: India GVA for 4Q, est. 4.5%, prior 5.6%
• 4pm: India fiscal deficit in rupees for Jan., prior 14,822
• 5.30pm: Jan. Eight Infrastructure Industries, prior 7.4%
• 5.30pm: 2023 India GDP Annual Estimate YoY, est. 6.9%
• 5.30pm: India GDP for 4Q, est. 4.7%, prior 6.3%
• 5.30pm: India GVA for 4Q, est. 4.5%, prior 5.6%
• Adani Ports (ADSEZ): Incorporates Unit to Operate Punjab Silo Complex
• Dr Reddy’s (DRRD): To Buy U.S. Generic Prescription Product
• Jammu & Kashmir Bank (JKBK): To Consider Fund Raising March 4
• Mahindra Logistics (MAHLOG): CFO Yogesh Patel Resigns Effective March 10
• NHPC (NHPC): India Approves $3.85B Investment for Hydropower Plant Near China
• Vishwaraj Sugar (VISHWARA): Approves Raising INR1.25B via Rights Issue

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 28-02-2023 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET BUY : +4001* 😄

*INDEX FUT. : -1357*

*INDEX OPT. : +1068*

*STOCK FUT. : +4445*

*STOCK OPT. : -155*


*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 28-FEB-2023 :*

*FIIS : SELL -4,559 (18,559-23,118)* 😢

*DIIS : BUY +4,610 (9,308-4,698)* 😄

*BSE SENSEX : -326 (58,962)🔽*

*NSE NIFTY : -89 (17,304)*🔽

*BSE MIDCAP. : +144 (24,158)*🔼

*BSE SMLCAP. : +109 (27,341)*🔼

*B. CRUDE : $ 83.74* 🔼 😩

*GOLD: $1813=INR 55,650(10gr)* ↔️ 😳

*SILVER : RS. 67,150 (kg) (5pm) ↔️ 😳*

*FOREX : RS. $ 82.6650* 🔼 🙂

*7.26% GOI '32 : 7.4623%(98.64)* 🔼😔

*7.54% GOI '36 : 7.4910% (100.39)*🔼 😔

*7.41% GOI '36 : 7.4844% (99.35)* 🔼 😔

*7.26% GOI NEW '33: 7.4333% (98.79)*🔼😔

*SGX Nifty -51 pts (17355) from last trade 17406 ,*


Nikkei -77 pts ,
Hangseng +64 pts ,
Around @ 6.53am .



Dow -232.39 pts ,Nsdq -11.43 pts, S&P -12.09 pts , Bovespa -779 pts , Ftse -58 pts , Dax -16 pts , Cac -27 pts , Crude @ $76.57 brl (-0.48), Brent @ $83.89 brl (+0.00) , Gold @ 1830.70 (-6.00), Silver @ $20.97 (-0.10), Euro @ $1.0566, JPY @ $136.36, INR @ 82.645



*Today's Corporate Action*
*1st Mar Ex Date*



Jayant Infratech Ltd
Bonus issue 2:1
MASTER TRUST LTD
E.G.M
Ujjivan Small Finance Bank Ltd
Interim Dividend - Rs. - 0.7500




*Today's Board Meetings*
*01-Mar-23*



AADHAARVEN
Increase in Authorised Capital  
BLSINFOTE
General



*Stock under F&O ban on NSE*
*01-Mar-23*




None

India Daybook – Stocks in News


*Zydus Life:* Company gets final nod from the US FDA for Apixaban Tablets, 2.5 mg & 5 mg & Olmesartan Medoxomil & Hydrochlorothiazide tabs (Positive)

*Bharat Electronics:* The company has signed a frame supply agreement with TRDS for the manufacture and supply of TR modules, radar LRUs (line replaceable units) and micro modules. (Positive)

*Seamec:* The company has entered into a charter party with HAL Offshore for the charter hire of the vessel 'Seamec Paladin' for an ONGC contract for a period of 5 years (Positive)

*Samvardhana Motherson:* The company has announced the completion of the purchase of assets of frame manufacturing and assembly operations of Daimler India Commercial Vehicles (Positive)

*Aviation stocks:* ATF price cut to ₹1.07 lk/kL from ₹1.12 lk/kL in Delhi (Positive)

*MOIL:* Company hikes price of manganese ore with Manganese content of Mn-44% and above by 8% w.e.f March 1 (Positive)

*Max Ventures:* NCLT New Delhi approves Resolution Plan of Max Ventures' arm, Max Estates (Positive)

*Reliance Industries:* Company sets up a subsidiary Reliance SOU to develop properties for commercial use (Positive)

*Power Grid:* Company is declared as the successful bidder to establish an inter-state transmission system for the “establishment of Khavda pooling station-3. (Positive)

*Biocon:* Integrated Core Strategies (Asia) Pte Ltd acquired 80.61 lakh shares in the company (Positive)

*MCX:* Announces the launch of Crude Oil Mini (10 barrels) Futures contracts. (Positive)

*LT Foods:* Allotted 27,408,164 Shares of the Company to SALIC International Investment Company (Positive)

*Hathway Cable:* Rajan Gupta resigns as Managing Director & Director w.e.f. March 10 (Neutral)

*Aban Offshore:* Company completes the sale of Drillship Aban ICE (Neutral)

*Delhivery:* Softbank to sell $100 mn in Delhivery shares (Neutral)

*Adani Enterprises:* Subsidiary is declared as the preferred bidder and subsequently received a Letter of Intent from the Odisha government for the Kutrumali bauxite block in Odisha. (Neutral)

*Axis Bank:* Completes acquisition of Citibank’s India Consumer Biz for ₹11,603 cr (Neutral)

*Bank of India:* To hike lending rates by 10 bps across tenures w.e.f. March 1 (Neutral)

*NTPC:* Company completes transfer of 15 Renewable Energy assets to arm, NTPC Green Energy (Neutral)

*Tata Power:* Subsidiary has approved the allotment of 20 crore compulsorily convertible preference shares at a face value of Rs 100 each (Neutral)

*State Bank of India:* Bank has concluded $1 billion through Syndicated Social Loan (Neutral)

*HDFC-HDFC Bank:* NCLT Reserves Order In HDFC-HDFC Bank Merger Case. Written Order Awaited From Court (Neutral)

#GST collections ease on-month to Rs 1.50 lakh crore in #February
#alliesfin #stockmarketindia

https://www.moneycontrol.com/news/business/economy/gst-collections-ease-on-month-to-rs-1-50-lakh-crore-in-february-10180341.html

#adani #investor #stockmarketindia #adanigroup #investing

*SGX Nifty -54 pts (17485) from last trade 17539 ,*


Nikkei +15 pts ,
Hangseng -230 pts ,
Around @ 6.52am .


Dow +5.14 pts ,Nsdq -76.06 pts, S&P -18.76 pts , Bovespa -547 pts , Ftse +38 pts , Dax -60 pts , Cac -33 pts , Crude @ $77.72 brl (+0.03), Brent @ $84.31 brl (+0.00) , Gold @ 1843.70 (-1.70), Silver @ $21.09 (-0.00), Euro @ $1.0667, JPY @ $136.13, INR @ 82.415



*Today's Corporate Action*
*2nd Mar Ex Date*



360ONE
Bonus issue 1:1
360ONE
Stock  Split From Rs.2/- to Rs.1/-




*Today's Board Meetings*
*02-Mar-23*



BCLIL
Issue Of Warrants  
CGPOWER
Interim Dividend  
CREST
General  
DECNGOLD
General  
FILATFASH
General  
HAPPSTMNDS
General  
MCLOUD
General  
MEHAI
Right Issue of Equity Shares;Increase in Authorised Capital
SATIN
General  
SWORDEDGE
General  



*Stock under F&O ban on NSE*
*02-Mar-23*




None

India Daybook – Stocks in News

*Eicher Motors:* Total RE sales are up 21% at 71,544 units vs 59,160 units (YoY) (Positive)

*Tata Motors/ SBI:* Have signed pact for financing solutions for Ace EV: Bloomberg (Positive)

*SML Isuzu:* Company’s total sales up 33% at 953 units vs 714 units (YoY) (Positive)

*Welspun Corp:* Company bags an order for export of LSAW pipes and bends to Middle East (Positive)

*KNR Constructions:* Company bags an order worth Rs 665 cr in Andhra Pradesh (Positive)

*Bajaj Finserv:* Company gets SEBI license to commence Mutual Fund business. (Positive)

*Hero Motocorp:* February sales at 394,460 unites versus poll of 390,000 units (Positive)

*Logistics stocks:* Baltic Dry Index Rises 11.01% to 1,099 in London, Up for a Ninth Day. (Positive)

*HAL:* Cabinet approves buying 70 HTT-40 Basic Trainer Aircraft from HAL for the Indian Air Force, worth Rs 6,828.4 cr (Positive)

*RVNL:* Company & JV partners emerges L1 for railway project of 200 trainsets; cost per set Rs 120 cr (Positive)

*CreditAccess:* IT Demand For AY19 Has Been Reduced From Rs 2,333 Crores To Rs 122.63 Crores Under Fresh Assessment (Positive)

*Dreamfolks Services:* The largest airport service aggregator platform has received board approval to acquire 60 percent equity shares of Vidsur Golf (Positive)

*Sunteck Realty:* The company has leased out 2 lakh square feet of built-up area of its premium commercial building Sunteck BKC51 to Upgrad Education for 29 years. (Positive)

*Bajaj Finserv:* Hercules Hoists Buys 185,000 Shares of Bajaj Finserv at Rs 1350 in Large Trade (Positive)

*L&T:* Govt approves buying 3 training ships from L&T for Rs 3,110 cr (Positive)

*Axis Bank:* Citi deal completed before deadline; have received overwhelming support from Citi customers (Neutral)

*Adani Ports:* Incorporates Its Wholly-owned Subsidiary, HM Agri Logistics (Neutral)

US stocks began March on a mixed close as yields moved higher and fears of larger than expected rate hike resurfaced. Dow closed just above flat line, S&P closed 0.47% lower and Nasdaq fell by 0.66%.

USD index traded lower near 104.45, 10 year yields topped 4% after many weeks of consolidation and cboe vix fell near 20.58.

Crude futures rose on Wednesday after higher supply fears got offset by hopes of strong Chinese demand, WTI moved near 78, Brent traded above 84.

The much anticipated rebound from oversold zone played out on Wednesday as heavyweights like IT and Banking stocks along with Metal names gained some ground. Sensex gained near 450 points and Nifty added 146 points at close.

*The technical rebound in stocks may face some acid test in the form of global equity sentiments and rising yields in US. Weekly options expiry and oversold nature of stocks may help individual names gain some more ground even if indices consolidate. Participants may continue to look for opportunities on rotational basis to remain in trade till the sentiment turns more benign towards equity.*

Allies Fin Serve
Telegram.me/AlliesFin

NEWS UPDATE: CJI SAYS #SEBI SHALL EXPEDITIOUSLY CONCLUDE INVESTIGATION IN 2 MONTHS AND FILE A STATUS REPORT
#alliesfin
SC sets up committee for #Adani #Hidenburg Issue:

1. O P Bhatt
2. K V Kamath
3. Nadan Nilekani
4. Somsekhar Sundaresan

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 02-03-2023 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET BUY : +15015* 😄😄

*INDEX FUT. : -532*

*INDEX OPT. : +18252*

*STOCK FUT. : -2581*

*STOCK OPT. : -124*

*🔹INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 02-MAR-2023 :*

*FIIS : BUY +12,771 (20,596-7,825)* 😄😄

*(INCLUDES ₹ 15,000 CR WORTH SHARES EXCHANGED VIA BLOCK DEAL IN ADANI GROUP STOCKS)*

*DIIS : BUY +2,128 (5,948-3,919)* 😄

*BSE SENSEX : -502 (58,909)🔽*

*NSE NIFTY : -129 (17,322)*🔽

*BSE MIDCAP. : -31 (24,453)*🔽

*BSE SMLCAP. : -60 (27,658)*🔽

*B. CRUDE : $ 84.40* 🔽 😊

*GOLD: $1838=INR 56,380(10gr)* ↔️ 😳

*SILVER : RS. 66,450 (kg) (5pm) 🔽 😢*

*FOREX : RS. $ 82.5925* 🔽 😔

*7.26% GOI '32 : 7.4386%(98.7975)* 🔼😔

*7.54% GOI '36 : 7.4802% (100.48)*🔽 🙂

*7.41% GOI '36 : 7.4644% (99.52)* 🔼 😔

*7.26% GOI NEW '33: 7.4173% (98.90)*🔼😔

*SGX Nifty +87 pts (17475) from last trade 17388 ,*


Nikkei +349 pts ,
Hangseng +274 pts ,
Around @ 6.55am .


Dow +341.w73 pts ,Nsdq +83.50 pts, S&P +29.96 pts , Bovespa -1059 pts , Ftse +29 pts , Dax +22 pts , Cac +49 pts , Crude @ $78.00 brl (-0.16), Brent @ $84.75 brl (+0.00) , Gold @ 1844.70 (+4.20), Silver @ $21.05 (+0.14), Euro @ $1.061, JPY @ $136.64, INR @ 82.355




*Today's Corporate Action*
*3rd Mar Ex Date*



ANDHRACEMT
Resolution Plan -Suspension 
CAPPIPES
Bonus issue 2:1
CAPPIPES
Stock  Split From Rs.10/- to Rs.1/-
HINDBIO
Reduction of Capital 
KSOLVES
Interim Dividend - Rs. - 3.0000
RESPONIND
E.G.M. 
TMTIND-B1
E.G.M. 
ZGOLDINV
E.G.M. 



*Today's Board Meetings*
*03-Mar-23*



JONJUA
General  
MESCON
Quarterly Results  
ROSEMER
Employees Stock Option Plan  
URJAGLOBA
General  
VASCONEQ
General  




*Stock under F&O ban on NSE*
*03-Mar-23*




None

India Daybook – Stocks in News

*Natco Pharma:* Company to consider share buyback on March 8. (Positive)

*Pidilite:* Company to make Germany-based Jowat’s hot melt adhesive in India (Positive)

*Titagarh Wagons:* BHEL consortium emerges as 2nd lowest bidder (L-2) for Vande Bharat trainsets (Positive)

*Adani Wilmar:* Company launches Kohinoor Biryani kit; to help in preparing biryani in 30 minutes (Positive)

*Adani Green:* Company's 700 MW wind-solar hybrid plant becomes operational at Jaisalmer, Rajasthan (Positive)

*M&M Fin:* Mahindra Finance's total disbursement grew by 53% (YoY) at Rs 4,185 crore, while the loan book grew by 1.5% (MoM) (Positive)

*MOIL:* Company's February Manganese Ore production at 1.31 lakh tonnes, up 10% (YoY). (Positive)

*Pidilite:* Company to make Germany-based Jowat’s hot melt adhesive in India (Positive)

*TWL/BHEL:* Titagarh Wagons-BHEL consortium emerges as 2nd lowest bidder (L-2) for Vande Bharat trainsets. (Positive)

*Mastek:* Appoints Vijay Iyer As President Of Americas To Lead Growth In The Region (Positive)

*HDFC Life:* The company aims to achieve margin neutrality in FY23; sees room for margin expansion in FY24 despite the budget proposal (Positive)

*Steel Companies:* Indian Steel Mills have increased HRC/CRC prices by Rs 1,000-2,000/tonne for March (Positive)

*Zydus Lifesciences:* Company has received final approval from the United States Food and Drug Administration (USFDA) for Acyclovir Cream (Positive)

*Adani Ports:* Operational Update: February 2023 cargo volumes up 10% (YoY) (Neutral)

*Happiest Minds:* Board approves raising funds of up to Rs 125 cr via NCDs in three tranches (Neutral)

*KTK Bank:* Abhishek Sankar Bagchi Appointed As CFO Of Karnataka Bank w.e.f. March 2, 2023. (Neutral)

*HPCL:* Raises Rs 1650 Crores Via Pvt Placement Basis Of Debentures (Neutral)

*Indian Bank:* To Hike Lending Rates By 5-10 bps Across Tenures w.e.f. 3-March (Neutral)

*PVR:* Leading multiplex chain operator PVR to spend about Rs 450-500 crore of capex on new screens and the company (Neutral)

*Alembic Pharma:* Company to take impairment charge of Rs 1,150.43 cr

*News Headlines from Business News Agencies :*

*Business Standard :*

• GreenLine Logistics signs LNG supply agreement with Baidyanath LNG.

• Telecom operator Airtel reaches 1 mn customer mark on 5G network in Mumbai.

• NCLAT allows another round of bidding for bankrupt firm Reliance Capital.

• Sunteck Realty leases commercial space to Upgrad, to make Rs 2,000 cr.

• Investment giant Softbank offloads 3.8% stake in Delhivery for Rs 954 cr.

• Sebi passes interim orders against entities for stock manipulation via YouTube.

• US consumer tech firm Honeywell appoints Ashish Modi as India biz head.

• Housing.com and Niro come together to offer facility to pay rent on credit.

• Foreign Affairs Minister S Jaishankar meets Chinese counterpart Qin Gang.

• Russia can maintain oil output at pre-conflict levels, says JP Morgan.

• Betterhalf raises $8.5 mn funding from FinSight Ventures, Insta co-founder.

• Direct tax collection in FY23 likely to top govt's Revised Estimates

• Air India plans single pay structure, common seniority list for pilots

• Foxconn to set up electronics manufacturing facility in Telangana


*Economic Times :*

• Defence establishments being mapped under PM Gati Shakti: Piyush Goyal

• Alibaba and Ant venture to launch RISC-V chips for payments.

• Jishnu Barua becomes new chairperson of power regulator CERC.

• Akums Drugs & Pharmaceuticals forays into gummies segment, sets up manufacturing plant.

• NDPP-BJP gets majority in Nagaland Assembly, wins 33 seats

• EU antitrust chief says scrutiny of competition in metaverse already needed.

• Simplilearn appoints Andrew Wait to board of members.

• India extends support to Ajay Banga's nomination as next World Bank president.

• Honda to focus on premium products to grow India business.

• SBI may look to cut Yes Bank stake once lock-in ends.

• Our focus is to provide best choice up in the air and on ground as well: Praveen Iyer, Akasa Air.

• Steps by Centre to increase exports by MSME sector: Official

• India's insurers eye bigger marine pool for Russia shipments

• Greenko to raise $700 million via rights issue, values company at $7 billion


*Mint :*

• Reliance, Tata Power bid for ₹19,500-crore solar module incentive.

• ICICI Bank launches digital solutions for participants of capital market, custody services.

• Supreme Court asks president to appoint CEC, ECs upon advice of committee

• Julius Baer to ramp up Asia hiring after China reopening.

• SC asks probe panel to submit its report within two months in Adani-Hindenburg matter.

• G20 talks end without consensus on Ukraine-Russia war.

• Sebi bans Alchemy Capital founders from market for a year.

• RVNL consortium emerges as lowest bidder to manufacture 200 Vande Bharat trains.

• Adani Ports record 10% YoY growth in cargo volumes during Feb 2023.

• Govt writes to market regulator opposing $2.9 bn Hindustan Zinc-Vedanta deal

• PM Modi announces ‘Startup Bridge’ between India and Italy.

#WPIL gets 1200cr single order

#alliesfin #stockmarketindia #stocktowatch #investing

When we started covering the stock they had total order book of 900 odd cr, now one order of 1200 cr. Same was the case with #TWL from 1000 odd cr order book to close to 20000 cr now. This is same as what was seen in 2003-2007 with Simplex, Ncc, Kemrock and so on.

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 03-03-2023 :

*FIIS F & O : RS. CRS. :*

*TOTAL NET BUY : +753* 😊

*INDEX FUT. : +3938*

*INDEX OPT. : -5501*

*STOCK FUT. : +2475*

*STOCK OPT. : -169*

INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 03-MAR-2023 :

*FIIS : BUY +246 (6,969-6,723)* 🙂

*DIIS : BUY +2,090 (5,869-3,779)* 😄

*BSE SENSEX : +900 (59,809)🔼*

*NSE NIFTY : +272 (17,594)*🔼

*BSE MIDCAP. : +143 (24,596)*🔼

*BSE SMLCAP. : +188 (27,846)*🔼

*B. CRUDE : $ 82.84* 🔽 😊

*GOLD: $1848=INR 56,380(10gr)* ↔️ 😳

*SILVER : RS. 67,250 (kg) (5pm) 🔼 😊*

*FOREX : RS. $ 81.9650* 🔼 😄

*7.26% GOI '32 : 7.4161%(98.9475)* 🔽🙂

*7.54% GOI '36 : 7.4646% (100.61)*🔽 🙂

*7.41% GOI '36 : 7.4538% (99.61)* 🔽 🙂

*7.26% GOI NEW '33: 7.3970% (99.04)*🔽🙂