*Mkt. Updates :*

*SGX Nifty -27 pts (18873) from last trade 18900 ,*

Nikkei -105 pts ,
Hangseng clsd ,
Around @ 7.02am .

Dow -102.35 pts ,Nsdq -165.09 pts, S&P -23.02 pts , Bovespa +797 pts , Ftse -10 pts , Dax -88 pts , Cac -33 pts , Crude @ $72.50 brl (-0.03), Brent @ $77.12 brl (-0.00) , Gold @ 1943.80 (-1.10), Silver @ $23.73 (-0.00), Euro @ $1.099, JPY @ $141.69, INR @ 81.935


*US GOVT. 10-YR YIELD : 3.73%*


*Today's Corporate Action, 22 June Ex Date :*
 
AKI
Stock  Split From Rs.10/- to Rs.2/-
EMUDHRA
Final Dividend - Rs. - 1.2500
RAINBOW
Final Dividend - Rs. - 3.0000
SOLIMAC
Final Dividend - Rs. - 1.5000
TATAELXSI
Dividend - Rs. - 60.6000
TATASTEEL
Final Dividend - Rs. - 3.6000
VTMLTD
Final Dividend - Rs. - 0.7000


*Today's Board Meetings, 22-Jun-23 :*

ASIL
General        
MAHESH
Audited Results      
MCCHRLS-B
General        
NAGARFERT
Audited Results      
RCCL
Audited Results      
RCF
Audited Results      
SWANENERGY
General        
TRIVENIGQ
General        
UNQTYMI
General;A.G.M.  
   

*SEC. IN F&O BAN FOR, 22 JUN, 2023 :*

*1. PNB 2. HAL 3. DELTACORP 4. L&TFH 5. HINDCOPPER 6. BHEL*

*ADDITION : PNB*
*DELETION : INDIACEM, IBULHSGFIN*

*🌹India Daybook – Stocks in News*

*TCS:* Nest & TCS expand strategic partnership to provide enhanced Member Experience (Positive)

*LTIMindtree:* Company Canvas. ai, an enterprise-ready generative Artificial Intelligence (AI) platform (Positive)

*HDFC AMC:* SBI MF raises stake in HDFC AMC to 6.9% from 2.9% (Positive)

*IDBI:* LIC Mutual Fund set to acquire schemes of IDBI Mutual Fund (Positive)

*Zee Entertainment:* Company settles with SEBI for ₹7 lakh over delayed disclosure to exchanges (Positive)

*Shyam Metalics:* Commissions production capacities at its Jamuria manufacturing facility in West Bengal (Positive)

*Bharat Forge:* Manufacturing GE engines, high-altitude drones opens new tech horizon for India: Bharat Forge CMD (Positive)

*Thyrocare:* Societe Generale has bought 2.96 lakh shares or 0.56 percent equity stake (Positive)

*Sansera Engineering:* Employee Ebene to sell 74.53 lakh shares (14.1% equity) of Rs 627.5 cr in Sansera Engineering: Sources. (Neutral)

*NTPC:* Company to consider raising funds up to 12,000 crore through NCDs. (Neutral)

*Delhivery:* Carlyle Group's unit to sell $86 million stake in Delhivery, says report (Neutral)

*Kalpataru Projects:* Board approves fund raising up to Rs 300 crore via NCDs on a private placement basis (Neutral)

*NMDC:* LIC has offloaded a 2.07 percent stake in the state-run iron ore company (Neutral)

*Glenmark:* US FDA issues a warning letter to Glenmark Pharma's Monroe unit

*Aptus Value:* Madison India Opportunities IV, the private equity fund has sold 80.06 lakh equity shares.

*Kamdhenu Ventures:* Ebene Global Opportunity Fund has sold 1.7 lakh equity shares or 0.54 percent stake

STOCK LENDING OFFERS AT NSE FOR AUG 2023 SERIES.

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 22-06-2023 :*

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

*TOTAL NET BUY : +18877* 😄😄

*INDEX FUT. : +324*

*INDEX OPT. : +20807*

*STOCK FUT. : -2517*

*STOCK OPT. : +261*

*SEC. IN F&O BAN FOR, 23 JUN, 2023 :*

*1. PNB 2. RBLBK 3. L&TFH 4. HINDCOPPER 5. BHEL*

*ADDITION : RBLBK*
*DELETION : HAL, DELTACORP*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 22-JUN-2023 :*

*FIIS : SELL -693 (8,947-9,640)* 😩

*DIIS : BUY +219 (7,147-6,928)* 🙂

*BSE SENSEX : -284 (63,239)🔽*

*NSE NIFTY : -85 (18,772)*🔽

*BSE MIDCAP. : -308 (28,327)*🔽

*BSE SMLCAP. : -207 (32,370)*🔽

*B. CRUDE : $ 75.00* 🔽 😊

*GOLD: $1916=INR 58,170(10gr)* 🔽 😩

*SILVER : RS. 72,300 (kg) (5pm)* 🔽 😢

*FOREX : RS. $ 81.95* 🔼 🙂

*7.26% GOI '33: 7.0871%(101.18)*🔼😔

*7.26% GOI '32 : 7.1225%(100.90)* 🔼😔

*7.41% GOI '36 : 7.1921% (101.88)*🔼😩

News Headlines from Business News Agencies:

Business Standard

• GE signs MoU with HAL to make fighter jet engines for Indian Air Force
• India to sign Artemis accord with US for space exploration
• L&T and DRDO sign contract to make AIP modules for Indian Navy submarines
• Fortis to sell Vadapalani hospital operations to Sri Kauvery Medical Care
• Rupee globalisation to spur easier trade with other nations: Ex-RBI dy guv
• Fitch raises India's GDP forecast to 6.3% for current fiscal year
• India, US launch defence acceleration ecosystem Indus-X
• Scotch consumption in India has doubled since 2020
• Carlyle to sell its entire 2.53% stake in logistics firm Delhivery
• Indian banks looking for a bigger stake in digital India via own QR codes
• Telecom regulator to meet OTT cos on action against phishing, spam calls

Economic Times

• Bank of England raises rates by 50 bps to 5%, highest since 2008
• Micron confirms up to $825 million investment in India chip facility
• Star Sports records 124 million viewers for ICC WTC Final match
• Ace Energy Infrastructure installs 3600-meter pipeline across Subansiri river in Assam
• Operational speed of metro trains on Airport Express Line increased to 110 KMPH: DMRC
• India’s office supply likely to touch 1 billion sq ft by 2030: Report
• Airtel, Jio to see robust FCF generation by FY27, helped by lower capex, strong Ebitda growth
• NIIF in talks to raise $244 million for infrastructure
• Prodapt aims to increase penetration in Big Tech space: CEO Harsha Kumar
• Maharashtra govt advises farmers to hold back kharif sowing
• MRVC invites international bids to procure 238 Vande Metro trains for Mumbai's suburban network

Mint

• L&T signs contract with DRDO for AIP systems
• Aditya Birla Sun Life MF cuts stake in Bayer CropScience by 2%
• Monsoon may gain momentum in next 3-4 days: IMD
• Need to improve sovereign debt restructuring process, says Janet Yellen
• Textile companies weaving a bright scenario for H2FY24
• Uber to sack 200 employees from its recruitment division
• Google and other tech companies accuse Microsoft of unfair practices in Cloud
• Zee Entertainment Enterprises settle case with Sebi
• Accenture fourth-quarter revenue forecast below expectations
• SEC Seeks More Disclosure From Smaller Banks in Wake of Failures
• BPCL Board to consider fund raising via rights Issue on June 28
• Gujarat Alkalies starts commercial production of purified phosphoric acid at Dahej Unit.

Stocks in news 🗞

👍Aether Industries raises Rs 750 crore through QIP issue — Goldman Sachs, SBI MF among key buyers

👍Wipro: The IT services exporter has expanded its presence in South Africa as it has inaugurated new office in Cape Town

👎Landmark Cars: Private equity firm TPG Capital is likely to sell 44 lakh equity shares or 11% stake in the automotive retailer via block deal on June 23, reports CNBC-Awaaz quoting sources. The block deal is likely to take place at 0-5% discount to current market price and the deal is launched by ICICI Securities. TPG Growth II SF Pte Ltd holds 11.25% stake or 44.56 lakh shares in the company as of March 2023.

👍Craftsman Automation: Axis Mutual Fund has bought additional 1.26 lakh shares in auto ancillary company, and Goldman Sachs Funds-Goldman Sachs Asia Equity Portfolio purchased 5.05 lakh shares at an average price of Rs 3,960 per share. However, Srinivasan Murali was the seller, offloading 8 lakh equity shares at same price, which amounted to Rs 316.8 crore.

👎Sansera Engineering: Foreign venture capital investors CVCIGP II Employee Ebene, and Client Ebene sold Rs 622.34 crore shares or 14.08% stake in the auto component maker via open market transactions. CVCIGP II Employee Ebene offloaded 26.75 lakh shares and Client Ebene 47.77 lakh shares at an average price of Rs 835 per share. As of March 2023, both held 28.16% stake in Sansera.

🤙HDFC
The company divested 9.65% stake in Ruralshores via buyback route. It also soled entire stake in HDFC Property Ventures and HDFC Venture Capital to Vividh Distributors for a consideration of Rs 1.2 crore and Rs 30 lakh respectively. The lender also bought 3.86% stake with 5.13% voting rights in interior designs company Bonito Designs and 914 CCPS of Cognilements (Relata) entitling a stake of 4% to 7%

👍INFOSYS LTD
Board announced that it has launched a free Artificial Intelligence (AI) certification training on Infosys Springboard. Infosys AI-first specialists and data strategists, responsible for delivering Infosys TopazTM AI-first set of services, solutions and platforms will help shape the curriculum to help learners build future-ready skillsets

🤙Vedanta
Board Clarification on the news article that Vedanta Limited is selling the Sterlite Copper Plant, Thoothukudi. The said media articles are wrong, baseless and incorrect and the same is refuted by the Company

👍PNB Housing Finance Limited
Board approved approved issuance of Non Convertible Debentures in tranches aggregating up to INR 5,000 Crore

👍Bhansali Engineering Polymers Limited
Company has through circular resolution fixed Wednesday, 5th July, 2023 as the Record Date for the purpose of ascertaining the shareholders entitled to receive Bonus Shares in the ratio of 2 : 1 i.e. 1 Equity Share of the face value of~ 1/- each for every 2 Equity Shares held as approved by shareholders at the Annual General Meeting held on 19th June,2023.

🤙HBL Power Systems Limited
Board meeting to be held on June 28, 2023 inter-alia to consider a proposal of slump sale of two product lines viz. Power Electronics (PE) and Integrated Power Supplies (IPS) for the railways, to Moebius Power Electronics Private Limited, Hyderabad wherein HBL remain as a shareholder.

👍Coforge Limited
Company has acquired the Final Tranche Shares of balance 20% equity shares in the M/s Coforge Business Process Solutions Private Limited (Subsidiary) thereby aggregating its shareholding to 80% of the total paid up share capital of Coforge Business Process Solutions Pvt. Ltd.

🤙KPR Mill Ltd

Board informed that one of the sugar manufacturers operating a sugar factory in the area adjacent to the sugar factory established by our Subsidiary Company M/s. KPR Sugar and Apparels Limited, has filed Writ Petitions / Appeals before the Hon’ble High Court of Karnataka in the matter of allotment of portion of the cane areas to our Subsidiary Company under the Sugarcane (Control) Order, 1966.The said Subsidiary Company is taking steps to ensure sufficient cane area and resisting the allegations raised by the aforesaid sugar manufacturer in the court of law

👎Delhivery: CA Swift Investments has exited the Gurugram-based logistics company by selling entire 1.84 crore equity shares or 2.53% stake via open market transactions at an average price of Rs 385.5 per share, which amounted to Rs 709.5 crore. However, Norges Bank on account of Government Petroleum Fund was the buyer for some of those shares in a deal, acquiring 40.66 lakh equity shares or 0.55% stake in the company at same price, which amounted to Rs 156.77 crore.

"The number of years it takes to *DOUBLE* your money at different return rates.

2% - 36 yrs
4% - 18 yrs
6% - 12 yrs
8% - 9 yrs
10% - 7 yrs
12% - 6 yrs

Proves that *Every %* Point matters.

Axiit @AlliesFin

Today's Headlines from :

*Economic Times*

📝 Egyptian PM receives Modi at Cairo in a show of growing ties

📝 After House panel's push, govt opens doors for used diagnostic devices

📝 Cost overruns declined further in May to 19.86%

📝 IBM in talks to buy software company Apptio for up to $5 billion

📝 Zero-Covid gone, China gets aggressive on auto gear exports

📝 Open agri network Samunnati eyeing over 50 pc growth in revenue at Rs 6,600 cr in FY24

📝 Proptech startup Crib, SaaS-based marketplace, raises Rs 15 cr in seed round

📝 REC to provide Rs 3,045 cr finance to Bangalore Metro

📝 Go First cancels flights till June 28

*Business Standard*

📝 India to account for 12% of global m-cap by 2075; GDP to surpass US

📝 Amazon to invest an additional $15 bn in India over the next 7 years

📝 Banks may finance Go First's request for Rs 400 crore interim funding

📝 Google to set up its global fintech operations centre in Gujarat: Pichai

📝 NHPC to develop 2,000 MW of pumped storage, renewable projects in Odisha

📝 Coal Ministry nod to hike in wage of Coal India non-executive employees

*Financial Express*

📝 Pakistan reviews FY2024 budget as last ditch effort to clinch IMF deal

📝 ECGC sets Rs 10 trn target for exports risk cover in FY24

📝 BPCL to raise Rs 17k cr to fuel net-zero plans

*Mint* t.me/AlliesFin

📝 Massive Wagner convoy turns back as ‘armed rebellion’ threat looms over Putin

📝 IMD sounds ‘orange alert’ as torrential rain leaves Mumbai waterlogged

📝 India, Japan to recognise AEO schemes

📝 FPIs extend buying streak in Indian equities, infuse ₹30,664 cr in June so far

📝 Aramco, TotalEnergies sign contracts for $11 billion petrochemicals facility

📝 Hinduja Group may raise stake from 17% to 26%, to invest ₹10,000 cr: Report

📝 Passport Seva 2.0: Jaishankar announces new, upgraded e-passports

📝 MSME ministry to launch Champions 2.0 portal and app for geo-tagging of cluster projects

📝 Govt launches Gemovac-OM, India’s first Omicron-specific mRNA booster vaccine

📝 Hyundai India begins production of SUV Exter in Tamil Nadu manufacturing unit

📝 Consumer confidence weakens in June: Ipsos.

*News Headlines from Business News Agencies:*

*Business Standard*

• India, Egypt elevate ties to 'strategic partnership' during PM Modi's visit
• Lenders set to extend Rs 400 crore to Go First to see it fly again
• Adani Group eyes Rs 90,000 crore EBITDA in next 2-3 years
• Third G20 infra summit meet from Monday with an eye on sustainability
• India to remove retaliatory customs duties on eight US-origin products
• Commuter bike segment sees moderate growth in FY24 as challenges continue
• Paytm can add 15 mn new customers for soundbox devices in next 2-3 years
• SBI to revamp Wealth Management biz, rope in consultant to firm up roadmap
• India to account for 12% of global m-cap by 2075; GDP to surpass US
• Inflation is slowing down personal consumption expenditure: RBI report
• Reserve Bank of India purchased $7.7 billion in April, highest in 2 years
• Drone manufacturing firm ideaForge raises Rs 255 cr from anchor investors

*Economic Times*

• Byju’s assures shareholders, says it will file financial statement by September
• 'Predator' drone deal to bring countries to India's doorstep for MRO services: Ex-defence secy
• India, Bangladesh need to accelerate economic and digital connectivity to optimize bilateral ties
• More than two-thirds of Rs 2,000 notes returned within a month of withdrawal: Das
• PM Modi discusses energy security, economy with Egyptian CEO, oil strategist
• Monsoon hits east Madhya Pradesh, likely to cover entire state by June 29: IMD
• Govt kept same rules for Indian, foreign firms while procuring Covid vaccines: Mandaviya
• World Bank approves USD 255.5 million loan to improve technical education in India
• Will strive to get CPI down to 4 pc; El Nino a challenge for food inflation: Das
• Govt eases policy related to export of certain types of drones, UAVs
• Govt to sell wheat and rice in open market to control prices
• Maharashtra govt advises farmers to hold back kharif sowing

*Mint*

• L&T, UAE co eye ₹4,400 cr NLC project
• REC to provide ₹3,045 cr finance to Bangalore Metro
• Senco Gold to file papers for ₹400 cr IPO: Report
• RattanIndia Power raises fresh loan of ₹1,114 crore led by Kotak Mahindra Bank
• Aditya Birla Launches New Guaranteed Pension Plan
• NTPC issues NCDs of up to ₹12,000 cr via private placement  
• BPCL in talks with Russia's Rosneft to buy oil priced on Dubai benchmark: Report
• Hindustan Aeronautics to consider stock split.
• Government approves wage hike of Coal India's non-executive employees
• India, Japan to recognise AEO schemes
• FPIs extend buying streak in Indian equities, infuse ₹30,664 cr in June so far
• Aramco, TotalEnergies sign contracts for $11 billion petrochemicals facility
• Hinduja Group may raise stake from 17% to 26%, to invest ₹10,000 crore.

*India Daybook – Stocks in News*

*Zydus Life:* Company’s arm to acquire 6.5% stake in Mylab for Rs 106 cr (Positive)

*RVNL:* Company emerges as lowest bidder for a project worth Rs 395 from Maharashtra Metro. (Positive)

*Dr Reddys:* Company enters trade generic business in India with new division 'RGenX' (Positive)

*BEML:* Bags order worth Rs 423 cr from Defence Ministry (Positive)

*Indiabulls Housing:* Florintree Insurtech LLP has acquired 30.5 lakh equity shares or 0.64 percent stake. (Positive)

*Parag Milk:* Sixth Sense India Opportunities III has bought additional 6.8 lakh shares (Positive)

*ICICI Securities:* Board to consider delisting on June 29 (Positive)

*63 Moons:* The Miri Strategic Emerging Markets Fund LP has bought 4.46 lakh shares (Positive)

*Harsha Engineering:* Plutus Wealth Management LLP bought 16.04 lakh shares in Harsha at an average price of Rs 435 per share (Positive)

*Antony Waste:* The Miri Strategic Emerging Markets Fund LP has bought additional 6.27 lakh shares. (Positive)

*Godrej Properties:* The real estate developer has acquired approximately 15 acres of land in Gurugram, Haryana (Positive)

*Rattan India Power:* The company announced that it has refinanced its senior debt in a Rs 1,114 crore transaction led by Kotak Mahindra Bank (Positive)

*IDFC First Bank:* Likely to sell Rs 1,500 crore tier-2 subordinated debt, and open bidding on NSE platform, ET Now reported. (Positive)

*NH{C:* State-owned NHPC Ltd has inked an initial pact with an Odisha state utility to develop 2,000 MW of pumped storage projects (Positive)

*Aurobindo Pharma:* The EMA Committee has accepted subsidiary CuraTeQ Biologics' request to withdraw the applications for marketing authorization of ZEFYLTI and DYRUPEG (Neutral)

*HDFC Life:* Company likely to legally challenge GST Dept’s Rs 940 cr demand. (Neutral)

*Grasim:* Board approves raising of funds up to Rs 2,000 cr via NCDs on private placement basis in one or more tranches. (Neutral)

*Yes Bank:* Board approves raising funds of up to ₹2,500 cr via issue of debt securities (Neutral)

*Asian Paints:* Acquires an additional 11% stake in Obgenix Software for Rs 54 cr (Neutral)

*Sterling and Wilson:* Promoter Shapoorji Pallonji and Company offloaded 35 lakh shares or 1.84 percent stake (Neutral)

*AU Small Finance:* The bank said the board members will meet on June 29 to consider raising of funds (Neutral)

*REC:* The state-owned REC will provide Rs 3,045 crore financial aid to Bangalore Metro Rail Corporation Ltd (Neutral)

*HDFC:* The Corporation has sold its entire 9.65 percent stake in Ruralshores Business Services (Neutral)

*Future Enterprises:* CoC re-constituted, over Rs 12,265 crore claims admitted

*IPCA Labs:* US FDA issues Form 483 with 8 observations for Ipca Lab's Pithampur formulations manufacturing facility

*Shree cement:* Clarified on the income tax surveys, saying the entire management team of the company is extending full cooperation

*Mkt. Updates :*

*SGX Nifty +2 pts (18703) from last trade 18701 ,*

Nikkei -27 pts ,
Hangseng -44 pts ,
Around @ 6.52am .

Dow -219.28 pts ,Nsdq -138.09 pts, S&P -33.56 pts , Bovespa +42 pts , Ftse -40 pts , Dax -158 pts , Cac -39 pts , Crude @ $69.81 brl (+0.65), Brent @ $74.58 brl (+0.73) , Gold @ 1935.80 (+6.35), Silver @ $22.58 (+0.22), Euro @ $1.0904, JPY @ $143.23, INR @ 81.985


*US GOVT. 10-YR YIELD : 3.73%*


*Today's Corporate Action, 26 June Ex Date :*
 
TAPARIA
Final Dividend - Rs. - 77.5000
TATACOMM
Final Dividend - Rs. - 21.0000


*Today's Board Meetings, 26-Jun-23 :*

AFFORDABLE
General    
BAFNAPHARM
General    
CUB
A.G.M.;General  
ESARIND
General    
MAHALXSE
General    
MARG
Audited Results  
MAYURFL
General    
RANDER
Audited Results;General
SBECSYS
Reduction of Capital  
SVRL
General    
TILAK
General
   

*SEC. IN F&O BAN FOR, 26 JUN, 2023 :*

*1. PNB 2. RBLBK 3. L&TFH 4. HINDCOPPER 5. HAL*

*ADDITION : HAL*
*DELETION : BHEL*

Short Stories but gr8 learnings.
Link to this post
https://telegram.me/AlliesFin/13165

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 26-06-2023 :*

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

*TOTAL NET SELL : -8913* 😭

*INDEX FUT. : +262*

*INDEX OPT. : -11719*

*STOCK FUT. : +1947*

*STOCK OPT. : +595*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 26-JUN-2023 :*

*FIIS : SELL -409 (7,896-8,305)* 😔

*DIIS : BUY +250 (5,456-5,206)* 🙂

*BSE SENSEX : -09 (62,970)🔽*

*NSE NIFTY : +25 (18,691)*🔼

*BSE MIDCAP. : +291 (28,268)*🔼

*BSE SMLCAP. : +226 (32,217)*🔼

*B. CRUDE : $ 74.48* 🔼 😩

*GOLD: $1927=INR 58,590(10gr)* ↔️ 😳

*SILVER : RS. 71,200 (kg) (5pm)* 🔽 😩

*FOREX : RS. $ 82.04* ↔️ 😔

*7.26% GOI '33: 7.0654%(101.33)*🔽🙂

*7.26% GOI '32 : 7.1030%(101.03)* 🔽🙂

*7.41% GOI '36 : 7.1768% (101.99)*↔️😳

INDIA EQUITY CAPITAL MARKET SEGMENT TRADING HOLIDAY CHANGED TO JUNE 29 FROM JUNE 28 - NSE CIRCULAR