*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 03-07-2023 :*

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

*TOTAL NET BUY : +7227* 😄

*INDEX FUT. : +434*

*INDEX OPT. : +7093*

*STOCK FUT. : +228*

*STOCK OPT. : -529*

*SEC. IN F&O BAN FOR, 04 JULY, 2023 :*

*1. IBULHSGFIN*

*ADDITION : NIL*
*DELETION : NIL*

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

*FIIS : BUY +1,996 (7,534-5,538)* 😄

*DIIS : SELL -338 (7,032-7,370)* 😔

*BSE SENSEX : +487 (65,205)🔼*

*NSE NIFTY : +133 (19,322)*🔼

*BSE MIDCAP. : +85 (28,861)*🔼

*BSE SMLCAP. : +184 (32,786)*🔼

*B. CRUDE : $ 75.46* 🔼 😩

*GOLD: $1927=INR 58,450(10gr)* 🔼 🙂

*SILVER : RS. 71,500 (kg) (5pm)* 🔽 😩

*FOREX : RS. $ 81.95* 🔼 🙂

*7.26% GOI '33: 7.1192%(100.9575)*🔼😔

*7.26% GOI '32 : 7.1569%(100.67)* 🔼😩

*7.41% GOI '36 : 7.2303% (101.5250)*🔼😔

Lti mindtree to replace hdfc Ltd in nifty50 from July 13, 2023.

@AlliesFin

NSe MiDCAp 100 Cmp 36005 hits record highs of 36000 for the first time

Short story, Learnings

https://telegra.ph/Ignorance-Screams-Intelligent-Moves-on-07-05

Like Share

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 05-07-2023 :*

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

*TOTAL NET SELL : -12058* 😭😭

*INDEX FUT. : +462*

*INDEX OPT. : -12060*

*STOCK FUT. : +87*

*STOCK OPT. : -548*

*SEC. IN F&O BAN FOR, 06 JULY, 2023 :*

*1. NIL*

*ADDITION : NIL*
*DELETION : IBULHSGFIN*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 05-JULY-2023 :*

*FIIS : BUY +1,603 (8,742-7,139)* 😄

*DIIS : SELL -439 (7,984-8,423)* 😔

*BSE SENSEX : -33 (65,446)🔽*

*NSE NIFTY : +10 (19,398)*🔼

*BSE MIDCAP. : +195 (28,994)*🔼

*BSE SMLCAP. : +202 (33,004)*🔼

*B. CRUDE : $ 76.37* 🔼 😔

*GOLD: $1920=INR 58,380(10gr)* 🔽 😔

*SILVER : RS. 72,500 (kg) (5pm)* 🔼 🙂

*FOREX : RS. $ 82.22* 🔽 😩

*7.26% GOI '33: 7.1072%(101.04)*🔽🙂

*7.26% GOI '32 : 7.1442%(100.7550)* 🔽🙂

*7.41% GOI '36 : 7.2174% (101.6350)*🔽🙂

*News Headlines from Business News Agencies:*

*Business Standard*

• Poonawalla Fincorp's AUM grows 41% YoY in Q1FY24 to at Rs 17,770 crore
• Maruti Suzuki launches its multi-purpose vehicle Invicto at Rs 24.79 lakh
• DGCA ties up with European agency to develop unmanned aircraft systems
• Five additional brands crossed Rs 100 cr in sales in FY23, says Dabur India
• ICICI Bank says loans to Videocon did not cause any 'wrongful loss'
• India's April-May finished steel imports from China at six-year high
• Indian refiners saved $7 billion from Russian crude imports in 14 months
• Unsold housing stock drops 21% in Delhi NCR in April-June quarter: Anarock
• PharmEasy to raise Rs 2,400 cr, Manipal Group likely to invest Rs 1,000 cr
• Paytm Q1: Value of loans disbursed increases 167%, GMV rises 37% YoY
• Services PMI growth declines to three-month low of 58.5 as inflation weighs
• FMCG major Unilever to continue operations in Russia

*Economic Times*

• FMCG sector to witness 7-9% rise in revenue this fiscal: CRISIL
• JSW Steel to replace HDFC in Sensex from July 13
• Cabinet approves draft data protection bill
• Russian nuclear major Rosatom Increasing Isotope Supplies to India
• Star Sports acquires LPL 2023 TV rights for Indian subcontinent and MENA
• Delhi HC allows Go First lessors to access aircraft for inspection, carry out maintenance
• Amazon set to cross $8 billion in cumulative exports from India in 2023
• Indian oil marketers’ capital raising aids capex and energy transition plans: Fitch
• China's extreme weather conditions may lead to food security crisis: Report
• India will put retaliatory barriers on green hydrogen trade: Union minister RK Singh
• Himachal govt signs MoUs for production of drones to promote technology-driven governance
• RBI working group proposes steps to broaden rupee's global reach

*Mint*

• Yes Bank reports Q1 advances growth of 7.5%; deposits rise 13.5% YoY
• NCLT to hear lessors’ insolvency plea against SpiceJet on 21 July
• HDFC Bank Q1 advances grow over 13%; deposits rise by 19.2% YoY
• G R Infra arm executes concession agreement with NHAI
• Motorola to double volumes in India this year, quadruple by 2026, says Buniac
• IEX trade volume increases 8% on-year to 8,946 million units in June
• Dentsu-owned Carat appoints Sanchayeeta Verma as CEO for India
• Godrej Consumer Products sees double-digit volume growth in India biz in Q1
• Rainfall deficiency in half of India worrisome: Skymet's GP Sharma
• CCI approves Concentrix Corp’s acquisition of Marnix Lux
• REC extends ₹4,785 crore loan for HPCL Rajasthan Refinery’s project in Barmer
• L&T Secures Order Worth Up To Rs 2,500 Crore For Office Space Development In Mumbai
• Maruti Suzuki aims to double turnover to around ₹1.68 lakh crore by 2030-31

@AlliesFin

Bharat Catching asap 🇮🇳

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 06-07-2023 :*

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

*TOTAL NET SELL : +15048* 😄😄

*INDEX FUT. : +780*

*INDEX OPT. : +12018*

*STOCK FUT. : +2957*

*STOCK OPT. : -707*

*SEC. IN F&O BAN FOR, 07 JULY, 2023 :*

*1. BHEL 2. DELTACORP*

*ADDITION : BHEL, DELTACORP*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 06-JULY-2023 :*

*FIIS : BUY +2,641 (12,338-9,697)* 😄

*DIIS : SELL -2,352 (8,247-10,599)* 😢

*BSE SENSEX : +339 (65,785)🔼*

*NSE NIFTY : +99 (19,497)*🔼

*BSE MIDCAP. : +228 (29,222)*🔼

*BSE SMLCAP. : +220 (33,224)*🔼

*B. CRUDE : $ 75.63* 🔽 😊

*GOLD: $1910=INR 58,200(10gr)* 🔽 😔

*SILVER : RS. 73,300 (kg) (5pm)* 🔼 😊

*FOREX : RS. $ 82.51* 🔽 😩

*7.26% GOI '33: 7.1464%(100.77)*🔼😩

*7.26% GOI '32 : 7.1814%(100.5075)* 🔼😩

*7.41% GOI '36 : 7.2528% (101.33)*🔼😩

*Mkt. Updates :*

*GIFT Nifty -33 pts (19501) from last trade 19534 ,*

Nikkei -135 pts ,
Hangseng -98 pts ,
Around @ 6.52am .

Dow -366.38 pts ,Nsdq -112.61 pts, S&P -35.23 pts , Bovespa -2123 pts , Ftse -161 pts , Dax -409 pts , Cac -228 pts , Crude @ $71.86 brl (+0.07), Brent @ $71.84 brl (+0.04) , Gold @ 1917.80 (+2.40), Silver @ $22.93 (+0.04), Euro @ $1.089, JPY @ $143.92, INR @ 82.765


*US GOVT. 10-YR YIELD : 4.05%*


*Today's Corporate Action, 07 July Ex Date :*

ACC
Dividend - Rs. - 9.2500
ADANIENT
Dividend - Rs. - 1.2000
ALFREDHE
Final Dividend - Rs. - 3.5000
AMBUJACEM
Final Dividend - Rs. - 2.5000
ASHOKLEY
Final Dividend - Rs. - 2.6000
AXISBANK
Final Dividend - Rs. - 1.0000
BHARATFORG
Final Dividend - Rs. - 5.5000
BIOCON
Final Dividend - Rs. - 1.5000
CARERATING
Final Dividend - Rs. - 7.0000
CARERATING
Special Dividend - Rs. - 8.0000
CORALFINAC
Final Dividend - Rs. - 0.3000
CROMPTON
Final Dividend - Rs. - 3.0000
DELTACORP
Final Dividend - Rs. - 1.2500
EIKO
Right Issue of Equity Shares 
HAPPSTMNDS
Final Dividend - Rs. - 3.4000
JAYAGROGN
Final Dividend - Rs. - 5.0000
LTTS
Final Dividend - Rs. - 30.0000
MAWANASUG
Dividend - Rs. - 3.0000
MUFIN
Bonus issue 2:1  
NAVINFLUOR
Final Dividend - Rs. - 7.0000
NH
Final Dividend - Rs. - 2.5000
NUCLEUS
Final Dividend - Rs. - 10.0000
PRESSMN
Final Dividend - Rs. - 1.0000
REDINGTON
Final Dividend - Rs. - 7.2000
ROTO
Final Dividend - Rs. - 3.1500
ROTO
Bonus issue 1:1  
RPEL
Final Dividend - Rs. - 1.0000
SAH
Final Dividend - Rs. - 0.5000
SINCLAIR
Final Dividend - Rs. - 1.5000
SWARAJENG
Final Dividend - Rs. - 92.0000
ZFCVINDIA
Final Dividend - Rs. - 13.0000


*Today's Board Meetings, 07-Jul-23 :*
 
AVONMERC
General  
INDOUS
General;Bonus issue;Increase in Authorised Capital
INDXTRA
General;Stock  Split;A.G.M.
NAVKAR
General;A.G.M.
ORISSAMINE
Audited Results
SHAHALLOYS
General  
WANBURY
Audited Results


*SEC. IN F&O BAN FOR, 07 JULY, 2023 :*

*1. BHEL 2. DELTACORP*

*ADDITION : BHEL, DELTACORP*
*DELETION : NIL*


*Today's Alert :*

*RBI to Conduct Auction of GOI BONDS for INR 390 Billion*

*News Headlines from Business News Agencies:*

*Business Standard*
• Byju's CEO speaks to shareholders, firm to set up board advisory committee
• Adani Green to raise Rs 12,300 cr via QIP for capex, debt reduction
• BSE approves buyback worth Rs 375 crore via tender route at Rs 816 apiece
• 90% in construction sector favour decarbonisation practices: KPMG report
• Tata Group weighs buying Temasek Holdings' stake in Pay TV platform
• Tata Steel dismisses 35 for 'unacceptable practices', says ethics priority
• Auto retail sales touch 1.86 million in June, 10% more than last year: FADA
• Hind Zinc board to consider interim dividend for FY24 on July 8
• Maruti takes an offensive stance in EV space, to launch 6 EVs by 2030-31
• Phonepe launches point-of-sale systems so vendors can accept card payments
• Google accuses CCI of ordering changes to its biz model to protect Amazon
• RBI permits UBS-owned Credit Suisse to keep Indian banking license

*Economic Times*
• Vehicle registrations see healthy double-digit growth in June amid sustained demand
• US venture capital funding falls by half to $39.8 billion in second quarter: report
• State Bank of India rejigs senior leadership to boost dominance
• Coal production increased in 'big way' during FY22-FY23; supply improved: Icra
• TN govt tweaks norms, asks hotels to provide drivers with dorms
• Audi to launch electric SUV Q8 e-tron in India in August
• Critical metals curbs 'not targeting' any country: China
• Tata said to consider postponing Tata Play IPO
• Uber rival Bolt names Mikko Salovaara as new CFO
• Accenture in talks with telcos, enterprises for 5G-driven digital enablement
• Valuation premium to sustain for Bajaj Finance stock: Nitin Aggarwal
• Power Finance Corp provides Rs 9,187 cr finance to HPCL Rajasthan Refinery

*Mint*
• Reliance Jio set to sign $1.7 bn deal with Nokia for 5G equipment: Report
• Rains over Southern Peninsula to ease starting Friday, says IMD
• FPIs net buyers in June quarter as inflows surge to 10-month high
• Auto sector margins to expand in Q1FY24 driven by softening commodity costs
• Reliance Industries Q1 net profit may fall on weak O2C business, says BofA
• JSW Steel crude steel production rises 11% to 6.43 million tonne in Q1
• Bombay Dyeing to sell part of Mumbai land for ₹5,000 crore
• Uniqlo to launch Mumbai store in October
• Finance Ministry releases Annual Economic Review report
• RPP Infra Project win order worth ₹289.30 crore
• Tata Tiago crosses 5 lakh sales milestone in India
• Joe Biden to announce $60 million investment from Enphase Energy.

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 07-07-2023 :*

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

*TOTAL NET SELL : +28661* 😄😄

*INDEX FUT. : -975*

*INDEX OPT. : +32491*

*STOCK FUT. : -2370*

*STOCK OPT. : -483*

*SEC. IN F&O BAN FOR, 10 JULY, 2023 :*

*1. BHEL 2. DELTACORP 3. GRANULES 4. INDIACEM*

*ADDITION : GRANULES, INDIACEM*
*DELETION : NIL*


*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 07-JULY-2023 :*

*FIIS : BUY +790 (9,590-8,800)* 😊

*DIIS : SELL -2,964 (6,244-9,208)* 😢

*BSE SENSEX : +505 (65,280)🔽*

*NSE NIFTY : -165 (19,332)*🔽

*BSE MIDCAP. : -223 (28,999)*🔽

*BSE SMLCAP. : -95 (33,129)*🔽

*B. CRUDE : $ 77.47* 🔼 😢

*GOLD: $1930=INR 58,840(10gr)* 🔼 🙂

*SILVER : RS. 72,600 (kg) (5pm)* 🔽 😩

*FOREX : RS. $ 82.74* 🔽 😩

*7.26% GOI '33: 7.1609%(100.67)*🔼😔

*7.41% GOI '36 : 7.2547% (101.3125)*↔️😔

jumping into opportunities that even give off the faintest whiff of the magic keywords


"Defence"
"Nuclear"
"Navy"
"Missiles"

But they are missing an incurable problem that comes from this segment.

It is not receivables.
It is INVENTORY.

@AlliesFin

*GIFT Nifty +50 pts (19442) from last trade 19392 ,*


Nikkei -74 pts ,
Hangseng +382 pts ,
Around @ 6.52am .



Dow -187.38 pts ,Nsdq -18.33 pts, S&P -12.64 pts , Bovespa +1472 pts , Ftse -23 pts , Dax +74 pts , Cac +29 pts , Crude @ $73.48 brl (-0.40), Brent @ $78.10 brl (-0.37) , Gold @ 1929.00 (-3.50), Silver @ $23.25 (-0.03), Euro @ $1.0964, JPY @ $142.49, INR @ 82.615




*Today's Corporate Action*
*10th July Ex Date*



LTIM
Final Dividend - Rs. - 40.0000
ONWARDTEC
Final Dividend - Rs. - 3.0000




*Today's Board Meetings*
*10-Jul-23*



 
DPL
Audited Results
XCHANGING
Interim Dividend




*Stock under F&O ban on NSE*
*10-Jul-23*




1 BHEL

2 DELTACORP

3 GRANULES

4 INDIACEM

*Economic Times*

📝 India’s office market shows resilience amid global headwinds, snaps 6-quarter declining trend

📝 NITI Aayog assessing impact of climate change, labour issues on exports

📝 Monsoon rains swing from 10 per cent deficit to surplus in eight days

📝 Piyush Goyal to visit UK for FTA talks, review EFTA trade talks progress

📝 DefTech high on agenda as PM Narendra Modi embarks on France trip

📝 ISRO to transfer SSLV to private sector

📝 India calls upon Brics nations for urgent, concrete climate actions

*Business Standard*

📝 India Inc may see over 22% profit jump in Q1; revenue growth may disappoint

📝 Sebi's new disclosure rules on single group exposure may hit about 100 FPIs

📝 Lenders ask SpaceMantra to sweeten Rs 550 cr offer for Future Retail

📝 Indian airlines' IT spend to be much higher than global average: SITA Asia

📝 TRAI agreed to fresh talks on regulating OTTs after big DoT push: officials

📝 Jack Ma's clash with China costs Alibaba Group Holding, Ant $850 billion

📝 CII business confidence index rebounds on capital expenditure push

📝 GST Council meeting: Onus of deducting TCS may be on ONDC sellers

*Financial Express*

📝 HDFC Bank to offer 2% stake in NSDL public issue

📝 Roca India open to acquisitions, plans Rs 200 cr capex in 2023

📝 FM Nirmala Sitharaman nudges PSU banks to take swift action against frauds, wilful defaulters

📝 Adani raises $1.4 bn from stake sale in 3 companies; $9 billion raised in four years

📝 Investment in Indian startups in H1 2023 lowest in last four years: PwC India

📝 Strategic investment targets initiative: DPIIT identifies 106 companies across sectors from 30 countries

📝 Solar PV sector in India is becoming a preferred destination for investors

📝 Russia oil discount to India shrinks to $4, delivery charges remain opaque

📝 India says it will continue to support Sri Lanka in overcoming its financial crisis

📝 Bank of India plans share sale to meet Sebi’s minimum public holding norms

📝 FPIs continue to be bullish on Indian equities; invest Rs 22,000 cr in July

*Mint*

📝 Credit card dues at ₹2 trillion by April mark a milestone

📝 Bajaj Auto seeks RBI nod for new NBFC as Bajaj Fin diversifies

📝 Maruti Suzuki likely to breach pre-covid sales peak in FY24

📝 Suzlon eyes long-term loans, QIP to trim debt

📝 Lobby group urges GST Council to cut in-cinema F&B tax

📝 IT firms to cut payouts as outlook weakens

📝 Govt taps hospitals on medical devices

📝 Delhi gets highest rainfall in 40 years, downpour wreaks havoc

📝 Centre allows data sharing between anti-money laundering authorities, GSTN.

*India Daybook – Stocks in News*

*Aurobindo Pharma:* Company gets exclusive rights for BioFactura's monoclonal antibody ustekinumab biosimilar (Positive)

*Zydus Life:* US FDA concludes pre-approval inspection with Zero observations for Ahmadabad-based formulation manufacturing facility at SEZ 2 (Positive)

*Gland Pharma:* Company gets USFDA nod for Fomepizole’s Abbreviated New Drug Application (Positive)

*RVNL:* Company emerges as lowest bidder for a NHAI project worth Rs 808.48 cr (Positive)

*HAL:* Ministry of Defence & HAL sign Rs 458 cr deal for two upgraded Dornier aircraft for Indian Coast Guard (Positive)

*Samvardhana Motherson:* To acquire Rollon Hydraulics for an equity value of Rs 103 cr (Positive)

*TVS Motor:* Company launched ‘Modern-Retro’ motorcycle in Indonesia (Positive)

*Sula Vineyards:* Company has recorded its highest ever Q1 net revenues overall as well as for Own Brands. (Positive)

*Reliance Industries:* Company sets July 20 as record date for Reliance Strategic Investments demerger (Positive)

*Prism Johnson:* Company to transfer limestone land parcels, mining lease in Andhra Pradesh to Ramco Cements (Positive)

*IRB Infra:* June toll revenue up 16.5% at Rs 383.3 cr vs Rs 329.1 cr (YoY) (Positive)

*Oil upstream stocks:* Oil prices climb to the highest in two months outweighing Fed rate hike (Positive)

*Max Ventures:* Max Estates'' first luxury residential project in NCR garners pre-formal launch sales of INR 1,800+ crores (Positive)

*Usha Martin:* SOCIETE GENERALE bought 16,59,466 shares at Rs 279.99/ share (Positive)

*IOC:*Board approves raising capital of up to Rs 22,000 crore via rights issue (Neutral)

*HDFC Bank:* Bank to replace HDFC Ltd on MSCI indexes. (Neutral)

*Reliance Industries:* Reliance Retail board approves equity capital reduction plan shares valued at Rs 1,362 apiece (Neutral)

*Vedanta:* Board approves acquisition of Vedanta Foxconn Semiconductors & Vedanta Displays (Neutral)

*Hindustan Zinc:* Company declares an interim dividend of Rs 7 per share (Neutral)

*Tata Motors:* Group global wholesales at 3,22,159 in Q1 FY24 (Neutral)

*Hindustan Zinc:* Company declares interim dividend of Rs 7 per share (Neutral)

*Adani Ent:* Company has completed acquisition of 29.81% stake of Stark Enterprise (Neutral)

*Spice Jet:* To Consider Raising Capital Via Equity And/Or Convertible Securities On Preferential Basis (Neutral)

*HDFC:* All existing F&O monthly and weekly contracts in the underlying HDFC contracts with expiry dates post July 12, 2023, shall expire on July 12, 2023 (Neutral)

*Som Distilleries:* Board approves fund raising through the issue of convertible equity warrants to promoters (Neutral)

*Suzlon:* Board has approved a proposal to raise up to Rs 2,000 crore (Neutral)

*Zee Ent:* NCLT hearing in the Zee-Sony Merger case set to resume (Neutral)

*News Headlines from Business News Agencies:*

*Business Standard*

• Jio launches Jio Bharat 4G phone at Rs 999 to make India '2G-mukt'
• GIFT Nifty begins India journey, first day turnover tops $1 billion
• Hero Moto-Harley Davidson tie up for X440 bike
• Will follow path and structure of ICICI, HDFC Bank: IDFC First Bank CEO
• Genus Power Infra win order worth Rs 2,207 crore
• HPL Electric & Power bagging smart meter orders of Rs 903 cr
• Govt planning to launch 6G network by 2030, says Ashwini Vaishnaw
• Govt's battery swapping policy for EVs faces resistance from industry
• Bhel appoints IRPS officer Krishna Kumar Thakur as new HR Director
• IFFCO purchases 2,500 agri drones for spraying fertlisers, chemicals
• Go First extends cancellation of its scheduled flights till July 10
• Gap between perceptions, expectations narrowing to pre-Covid level: Patra
• India mulls bilateral deals for green hydrogen-linked carbon credits

*Economic Times*

• HSBC relaunches private banking in India
• Aurigene Pharmaceutical Services to set up USD 40 mn facility in Hyderabad
• SBI Mutual Fund AUM crosses Rs 8 lakh crore-mark
• Google set to hire former Apple executive as India policy head
• BLS International services expands visa outsourcing services for Egyptian embassy in India
• Chinese smartphones sales exceed 70% of Russian market
• Byju’s promoters have sold shares worth $408.53 million since 2015: PrivateCircle
• Samsung Biologics unveils $897 mln manufacturing deals for Pfizer
• Public-private engagement essential for AI regulation: Cisco executive Jeetu Patel
• Indian companies in 'good credit shape': S&P
• India permits potato imports from Bhutan without any license till Jun 2024
• Video-sharing website BitChute seeks to raise $10 million in new funding round
• L&T Finance sells real estate loans to Phoenix ARC for over Rs 1,000 cr

*Mint*

• Quick Heal Technologies appoints Vishal Salvi as CEO
• ECCB approves SBI's 100% stake acquisition of SBICAP Ventures for ₹708.07 cr
• FanCode to retail ICC Men’s World Cup 2023 products in India
• India's June palm oil imports jump 49% from May over lowest prices in 28 months
• Road & transport minister inaugurates, lays foundation stone of 11 NH projects worth ₹5600 crore in Rajasthan
• India urges IMO to establish a target for 5% zero carbon marine fuel mix by 2030
• China Restricts Exports of Two Minerals Used in High-Performance Chips
• Wipro share buyback sees 77.4% acceptance among retail investors
• SAT asks Sebi to file reply in Care Ratings chief's plea
• DMart operator earns standalone revenue of over ₹11,584 crore in Q1FY24
• Sula Vineyards' COO Chaitanya Rathi resigns
• Torrent Power ventures into green hydrogen blending project, eyes cleaner energy mix

*Weekly Updates From 10th July to 14th July 2023*

10.07.2023:
5.20am: Japan: Adjusted current account: Expected positive data.
7.00am : China: Cpi data Expected lower number.
8 30pm and 9.30pm : USA: Fomc speaks.

11.07.2023:
00.30am : Europe: Ecb members speak.
11.30am : Europe: Unemployment Data Expected flat number.
China : outstanding loan growth data Expected lower in number.
9.30pm : USA: Energy outlook.

12.07.2023:
12.30pm : Europe: BOE financial stability data.
5.30pm : India : cpi data Expected higher number.
5.30pm : India: Industrial Production Data Expected lower number.
*6.00pm: USA : Cpi Data Expected higher number.*
7.15pm : USA: Fomc member Kashkari speaks.
8.00pm : USA: Crudeoil Inventory Expected lower inventory.

13.07.2023:
1.30am : USA: Federal Reserve mester speak.
4.30am : Europe: UK rics house price balance.
8.30am : China : Trade Balance Data Expected lower number.
*11.30am : Europe: GBP data mom Expected -0.40% vs +0.20%.*
2.30pm : Europe: Economic forecast.
4.30pm : USA: OPEC Monthly Report.
*6.00pm : USA: Monthly PMI Data Expected +0.20% vs -0.30%.*
*6.00pm : USA: Initial Jobless Claim Data Expected lower employment number.*

14.07.2023:
7.30am : China: NBS press conference.
10.00am : Japan: IIP Data Expected Negative +0.70% vs -1.60%.
*12.00pm : India: WPI Inflation data Expected higher inflation data.*
2.30pm : Europe: Trade Balance Data Expected flat number.
5.50pm : India: Trade Balance Data Expected lower number.
6.00pm: USA: Export Import Data Expected lower in number.
11.30pm : USA: US backer huge oil rig count Expected lower number.

The IDG report of RBI accepts that INR must “internationalise” to lower our cost of capital, reduce requirement of holding reserves & reduce exchange rate risk. Can only happen if those abroad hold it as a store of value & transacting currency. Let’s see how this plays out! T.me/AlliesFin