Mkt. Updates :

*Dow Future +255*
*Nasdaq Future +122*

*SGX Nifty -85 pts (17365) from last trade 17450 ,*

Nikkei -495 pts ,
Hangseng +92 pts ,
Around @ 6.52am .

Dow -345.22 pts ,Nsdq -199.47 pts, S&P -56.73 pts , Bovespa -1452 pts , Ftse -131 pts , Dax -205 pts , Cac -95 pts , Crude @ $77.01 brl (+0.33), Brent @ $83.10 brl (+0.32) , Gold @ 1882.20 (+15.10), Silver @ $20.695 (+0.18), Euro @ $1.0683, JPY @ $134.32, INR @ 81.965


*US GOVT. 10-YEAR YIELD : 3.74%*


*Today's Corporate Action, 13 Mar Ex Date V*

*NIL*


*Today's Board Meetings, 13-Mar-23 :*

AGIIL
Interim Dividend  
DATAPATTNS
General    
DECCAN
General    
GAIL
Interim Dividend;General
GOLDLEG
General    
KAMAHOLD
Interim Dividend  
KREONFIN
General    
NATIONALUM
Interim Dividend;General
SHRADDHA
Right Issue of Equity Shares
SUNTV
Interim Dividend  
TOYAMSL


*SEC. IN F&O BAN FOR, 13 MAR, 2023 :*

*1. BALRAMCHIN 2. GNFC*

*ADDITION : NIL*
*DELETION : NIL*

India Daybook Stocks in News

*HAL:* Ministry of Defence signed a contract for the procurement of 6 Dornier-228 aircraft from HAL at a cost of Rs 667 crores. (Positive)

*ICICI Lombard:* RBI gives approval to the Bank’s (ICICI bank) request for extension of time till September 9, 2024 for divesting the shareholding in ICICI Lombard General Insurance Company (Positive)

*Lupin:* U.S. FDA Completes Inspection of Lupin’s Vizag Facility with No Observations (Positive)

*Welspun Corp:* Welspun Metallics has received multiple export orders of 43 KMT for Pig Iron (Positive)

*IEX:* Company commences trade on High Price Day Ahead Market (Positive)

*Zydus Life:* Company receives final approval from the USFDA for Olanzapine Orally Disintegrating Tablets (Positive)

*Tech Mahindra:* Company appoints Mohit Joshi as MD & CEO for 5 years effective December 20, 2023 (Positive)

*Aster DM Healthcare:* Arm Aster Pharmacies Group LLC incorporates Joint Venture Aster Arabia Trading Company LCC In Riyadh, Kingdom of Saudi Arabia (Positive)

*Alfa Transformers:* The company has procured orders worth of Rs. 30.66 crores for their Vadodara unit from Electricity utility companies (Positive)

*Axita Cotton:* Company has received the orders for Indian Raw Cotton valuing aggregating Rs 22 cr (Positive)

*Finolex Ind:* The company said it has started commercial operations of PVC fittings at the manufacturing facility at Pune (Positive)

*Lumax Auto:* Company has acquired a majority stake of 75% in IAC International Automotive India (Positive)

*Dynacons:* Company has won order worth Rs. 26.99 crores for Supply, Installation and setup for 2400 Apple iPad from High Court of Judicature at Bombay. (Positive)

*Ambuja:* Adani Fully Prepays Share Backed Promoter Financing And Increases Equity In Ambuja Financing Aggregating USD 2.65 Bn (Positive)

*Elgi Equipment:* Arm Elgi Compressors USA Inc. Signs Operating Agmt For Acqn Of 33.33% Stake Of CS Industrial Services LLC, USA (Positive)

*Shilpa Medicare:* Says the USFDA inspection is closed with 2 minor observations (Positive)

*Gateway Distriparks:* HDFC Mutual Fund through its several schemes has bought additional 2.02 percent stake in the logistics company (Positive)

*Godrej Properties:* Enters into a Sale Deed to acquire land parcel of approx 28 acres in Bengaluru (Positive)

*Canara Bank:* Hikes lending rates by 10-45 bps across tenures (Neutral)

*Indusind Bank:* RBI approves reappointment of Sumant Kathpalia as MD & CEO of the bank for further 2 years (Neutral)

*Trident:* India Ratings Revises Outlook on Trident to Stable; Affirms ‘IND AA (Neutral)

*Yes Bank:* Lock-In Period Ends today as Central Government Notified The Scheme on 13 March, 2020 (Neutral)

*IDFC:* IDFC Mutual Fund rebranded as Bandhan Mutual Fund effective March 13 (Neutral)

*DCAL:* Board Approves Fund Raising Via NCDs Aggregating Upto Rs 100 Crores (Neutral)

*NALCO:* Board meet to Consider 2nd Interim dividend for FY 2022-23 (Neutral)

*GAIL:* Board meet to Consider payment of dividend for FY 2022-23 (Neutral)

*Sun TV:* Board meet to Consider Interim dividend for FY 2022-23 (Neutral)

*Ujjivan Financial:* Board approved an Interim Dividend of Rs. 5 per equity share (Neutral)

*Sula Vineyards:* The chief financial officer of Sula Vineyards, Bittu Varghese, has resigned from his position (Neutral)

*Mahindra CIE:* M&M To Sell 4.6% Stake In Company Via Block Deals. Floor Price At Rs 355/Share

*Sona Comstar:* Blackstone to sell stake in co via block deals worth $400 mn (Rs 3200 crs) at upto 6% discount

US stocks continued to trade lower ignoring warmer than expected jobs reports over stunning failure of SIVB that rattled investors' confidence. Dow fell 1.06%, S&P lost 1.45% and Nasdaq closed 1.76% lower.

USD index and 10 year closed sharply lower as participants rushed to safety on bank failure news. USD fell near 104.30 and 10 year fell to 3.70%. Also, US 2 year fell the most since 2008. Cboe vix also jumped near 25 as fear gauge rose sharply on worries over contingent.

Crude futures traded in a narrow range, WTI traded near 76, Brent near 82.

Indian stocks continued to slide for the second day in a row on worries over bank failure and aggressive FED rate hike. Sensex lost 672 points and Nifty closed 177 points lower led by BFSI names that got spooked by US news. IT names along with Power stocks saw some gains in an otherwise dull market.

Global market sentiments and key inflation data may dominate trade at the start of the new trading week. Participants may continue to watch out for opportunities outside indices as certain pockets / stocks have started to show signs of major breakout from consolidation /downtrend and hold promise for medium to long term.

Participants may note that the steps taken by US administrators may smoothen the nerves on equity side for the moment but the same doesn't ensure 'all is well' at US banking system. For the immediate term the important factors to watch are US inflation data due tomorrow and day after and FED meet next week, till that point avoid large commitments on either side and look out for breakouts beyond indices / popular names.

SPOT NIFTY ONCE AGAIN BREAKS BUDGET DAY LOW.
NEXT SUPPORT 17100 AND 16800 ACCORDING TO CHART.
AAPKA SAARTHi @A1GURUKULAM

During the 1930s, many banks failed in the United States.

In total, it is estimated that over 9,000 banks failed during this period, with most of these failures occurring in the early years of the Great Depression, between 1930 and 1933.

In 2008 we saw all the big banks receive a bailout from the taxpayer.

Today:

The United States 16th largest bank has collapsed, and other regional banks are watching valuations plummet.

While the Federal Reserve's rate hikes have been motivated by a desire to address inflationary pressures, this has helped cause the big banks in the United States to be sitting on $620 billion in unrealized losses.

Why?

Banks purchased lots of Treasuries and bonds when rates were at ZERO.

Coincidently, central banks around the WORLD are now facing significant losses, which will fall on to the taxpayer.

Both Goldman and Barclays say RATE HIKES are OFF the table for March.

When the entire economy is built on cheap money, the blocks are fragile, and with every rate hike, you are pulling at them.

Eventually, things will begin to shake.

This is all happening as more countries seek to trade in local currencies.

What is going to happen next?

Fwd

*SGX Nifty -5 pts (17215) from last trade 17220 ,*


Nikkei -666 pts ,
Hangseng -171 pts ,
Around @ 6.56am .


Dow -90.50 pts ,Nsdq +49.96 pts, S&P -5.83 pts , Bovespa -496 pts , Ftse -199 pts , Dax -468 pts , Cac -209 pts , Crude @ $74.64 brl (-0.16), Brent @ $80.74 brl (-2.02) , Gold @ 1916.80 (+0.30), Silver @ $21.88 (-0.04), Euro @ $1.0728, JPY @ $133.19, INR @ 82.235




*Today's Corporate Action*
*14th Mar Ex Date*



ASTRAL
Bonus issue 1:3  
JUMBO
E.G.M. 




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



APOLLOPIPES
General    
ATHENAGLO
Issue Of Warrants  
HARDWYN
General    
HCKKVENTURE
Increase in Authorised Capital;General
HUDCO
Interim Dividend;General
INDINFR
General    
JAYATMA
General    
JAYIND
General    
MCLOUD
Bonus issue  
PODARPIGQ
Interim Dividend  
PRAXIS
General    
QGO
General    
SUNGOLD
General    
XPROINDIA
General    



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



1 GNFC

India Daybook – Stocks in News

*Lupin:* US FDA completes inspection of its Bioresearch Centre in Pune with no observations. (Positive)

*Krsnaa Diagnostics:* Krsnaa Diagnostics said it has operationalised 100 more Pathology Collection Centers (Positive)

*Tata Chemicals:* Fitch Ratings revised the outlook on the Company’s Long-Term Foreign-Currency IDR to Positive from Stable (Positive)

*Surya Roshni:* The company said it has obtained total order amounted to Rs 96.39 crore for supply 3LPE Coated steel pipes from Hindustan Petroleum (Positive)

*BL Kashyap:* The company has secured new orders from domestic unrelated clients aggregating to Rs 158 crore (Positive)

*Aurobindo Pharma:* Company gets US FDA nod for Lurasidone Hydrochloride used to treat symptoms of Schizophrenia (Positive)

*Dr Reddy’s:* Company gets US FDA nod for Icosapent Ethyl used to help control high triglyceride levels in the blood (Positive)

*Symphony:* Launch of personal cooling device ‘Duet Mini’ (Positive)

*NTPC:* NVVN has been nominated as the nodal agency to facilitate 4 GW power from Gas Based Power plants during peak summer (Positive)

*Mahindra CIE:* Promoter entity Mahindra & Mahindra sold 2.29 crore equity shares in the company (Neutral)

*Sona BLW:* Singapore VII Topco III Pte Ltd exited Sona Comstar by selling entire 11.99 crore equity shares (Neutral)

*GAIL India:* Company declared Interim Dividend Rs 4 per equity share for FY23 (Neutral)

*NALCO:* Company declared Interim Dividend Rs 2.5 per equity share for FY23 (Neutral)

*Sun TV:* Company declared Interim Dividend Rs 2.5 per equity share for FY23 (Neutral)

*HUDCO:* To Consider Annual Fund Raising Plan upto a max of Rs 18000 Crores (Neutral)

*Apollo Pipes:* To Consider Fund Raising Via Preference Issue/ Rights Issue/ QIP, etc (Neutral)

*IDBI Bank:* Bank hikes lending rates 10-15 bps across tenures (Neutral)

*Mahindra Logistics:* First Sentier Investors ICVC-SI Asia Pacific Sustainability Fund sold 6.46 lakh equity shares

*Dhanlaxmi Fabrics:* The company said it will be shutting its processing unit at Dombivali for 6-8 months as the 30-year-old factory need to go for a major renovation

*Data Patterns:* Board Approves Issue Period of Rs 1220.31/ Share

Update your Nominee,
146000 Crores of Investor wealth lying with Institutions because of non updation of Nominees.
For Nomination updates Call Investors Helpdesk +919869958999

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 14-03-2023 :*

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

*TOTAL NET BUY : +5717* 😀

*INDEX FUT. : -619*

*INDEX OPT. : +8011*

*STOCK FUT. : -1585*

*STOCK OPT. : -90*


*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 14-MAR-2023 :*

*FIIS : SELL -3,087 (6,737-9,824)* 😢

*DIIS : BUY +2,122 (7,024-4,902)* 😄

*BSE SENSEX : -338 (57,900)🔽*

*NSE NIFTY : -111 (17,043)*🔽

*BSE MIDCAP. : -111 (24,059)*🔽

*BSE SMLCAP. : -229 (27,143)*🔽

*B. CRUDE : $ 80.04* 🔽 😊

*GOLD: $1904=INR 58,100(10gr)* 🔼 🙂

*SILVER : RS. 68,650 (kg) (5pm) 🔼 😄*

*FOREX : RS. $ 82.49* 🔽 😩

*7.26% GOI '32 : 7.3841%(99.16)* 🔼😔

*7.41% GOI '36 : 7.4444% (99.69)* 🔽 😔

*7.26% GOI NEW '33: 7.3694% (99.23)*🔼😔

*Mkt. Updates :*

*SGX Nifty +72 pts (17212) from last trade 17140 ,*

Nikkei +47 pts ,
Hangseng +276 pts ,
Around @ 6.52am .

Dow +336.26 pts ,Nsdq +239.31 pts, S&P +63.53 pts , Bovespa -188 pts , Ftse +88 pts , Dax +273 pts , Cac +130 pts , Crude @ $71.83 brl (+0.50), Brent @ $77.45 brl (-0.00) , Gold @ 1907.80 (-3.10), Silver @ $21.785 (-0.25), Euro @ $1.0726, JPY @ $134.45, INR @ 82.245


*US GOVT. 10-YEAR YIELD : 3.69%*


*Today's Corporate Action, 15 Mar Ex Date :*

ALLCARGO
Interim Dividend - Rs. - 3.2500
CGPOWER
Interim Dividend - Rs. - 1.5000
DICIND
Dividend - Rs. - 2.0000
DRONACHRYA
E.G.M.     
ENBETRD
E.G.M.


*Today's Board Meetings, 15-Mar-23 :*

CAPPIPES
General    
GOBLIN
Increase in Authorised Capital;General;Preferential Issue of shares
JMJFIN
General    
LYKALABS
Issue Of Warrants;General;Preferential Issue of shares
MIDHANI
Interim Dividend  
MKVENTURES
Right Issue of Equity Shares
RLF
General    
SERA
General;Stock  Split


*SEC. IN F&O BAN FOR, 15-Mar-23 :*

*1. GNFC*

2 IBULHSGFIN

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 15-03-2023 :*

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

*TOTAL NET SELL : -11756* 😭

*INDEX FUT. : +81*

*INDEX OPT. : -11989*

*STOCK FUT. : +256*

*STOCK OPT. : -104*

*SEC. IN F&O BAN FOR, 16 MAR, 2023 :*

*1. GNFC 2. IBULLHSGFIN*

*ADDITION : NIL*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 15-MAR-2023 :*

*FIIS : SELL -1,271 (5,769-7,040)* 😢

*DIIS : BUY +1,824 (6,344-4,520)* 😀

*BSE SENSEX : -344 (57,556)🔽*

*NSE NIFTY : -71 (16,972)*🔽

*BSE MIDCAP. : -06 (24,053)*🔽

*BSE SMLCAP. : +26 (27,169)*🔼

*B. CRUDE : $ 74.14* 🔽 😀😀

*GOLD: $1925=INR 58,300(10gr)* 🔼 😊

*SILVER : RS. 69,350 (kg) (5pm) 🔼 🙂*

*FOREX : RS. $ 82.5950* 🔽 😔

*7.26% GOI '32 : 7.3620%(99.3075)* 🔽🙂

*7.41% GOI '36 : 7.4268% (99.84)* 🔽 🙂

*7.26% GOI NEW '33: 7.3419% (99.42)*🔽🙂