9/10/2023
BSE:-483(65512)
NSE:-141(19512)
MID:-390(31686)
SML:-650(37209)
*FII|FPI:-997Cr*
*DII:+2661Cr*
B.Crude: 87
Gold$:1849=INR: 57446
Silver: 68669
$/Rs: 83.26
7.18 : 2033 G-Sec: 7.38
NSE PE: 22.07
T.me/AlliesFin

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 09-10-2023 :*

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

*TOTAL NET SELL : -11430* 😭

*INDEX FUT. : -290*

*INDEX OPT. : -10345*

*STOCK FUT. : -547*

*STOCK OPT. : -247*

*SEC. IN F&O BAN FOR, 10-Oct-23 :*

*1. DELTACROP 2. IBULHSGFIN 3. MANAPPURAM 4. PNB 5. MCX 6. L&TFH*

*ADDITION : MCX, L&TFH*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 09-OCT-2023 :*

*FIIS : SELL -998 (5,052-6,050)* 😩

*DIIS : BUY +2,661 (8,216-5,555)* 😃

*BSE SENSEX : -483 (65,512)🔽*

*NSE NIFTY : -141 (19,512)*🔽

*BSE MIDCAP. : -391 (31,686)*🔽

*BSE SMLCAP. : -650 (37,210)*🔽

*B. CRUDE : $ 88.04* 🔼 😭😭

*GOLD: $1853=INR 58,700(10gr)* 🔼 😃

*SILVER : RS. 72,900 (kg)(5pm)*🔼😃

*FOREX : RS. $ 83.27 🔽 ☺️*

*7.26%GOI '33: 7.4309%(98.85)🔼😩*

*7.18%NEW '33: 7.3806%(98.60)🔼😩*

*7.18%GOI '37: 7.4920% (97.33)🔼😩*

Mkt. Updates :

GIFT Nifty +100 pts (19622) from last trade 19522 ,

Nikkei *+725* pts ,
Hangseng +209 pts ,


Dow +197.07 pts ,Nsdq +52.90 pts, S&P
+27.16 pts , Bovespa +986 pts , Ftse -2 pts , Dax -101 pts , Cac -38 pts , Crude @ $86.34 brl (-0.04), Brent @ $88.13 brl (-0.01) , Gold @ 1877.70 (+13.40), Silver @ $22.06 (+0.13), Euro @ $1.0574, JPY @ $148.35,  INR @ 83.235


*US GOVT. 10-YR YIELD : 4.65%*


*Today's Corporate Action, 10 Oct Ex Date :*

GUJTHEM
Stock  Split From Rs.5/- to Rs.1/-
JONJUA
Bonus issue 9:50
THEMISMED
Stock  Split From Rs.10/- to Rs.1/-


*Today's Key Results/Board Meetings, 10-Oct-23 :*

GMBREW
Quarterly Results  
NAGPI
A.G.M.  
RISHDIGA
General  
SDBL
General  
SPECFOOD
Right Issue of Equity Shares;Increase in Authorised Capital
STEELXIND
General  


*SEC. IN F&O BAN FOR, 10-Oct-23 :*

*1. DELTACROP 2. IBULHSGFIN 3. MANAPPURAM 4. PNB 5. MCX 6. L&TFH*

*ADDITION : MCX, L&TFH*
*DELETION : NIL*


*Today's Alert :*

*RBI to Conduct Auction of SDLS BONDS for INR 100.25 Billion*

India Daybook – Stocks in News


Bhageria Industries: Company wins solar EPC project worth Rs 104.5 cr in Bahrain (Positive)

Genus Power: Company wins order worth Rs 3,115 cr (Positive)

GR Infraprojects & Patel Engineering: JV executes Rs 3,637.12 cr Contract Agreement with NHPC (Positive)

Concor: Q2 Total Volume Jumped by 7.59 percent, Q2 Domestic Volume jumped by 26.1% YoY (Positive)

Mazagon Dock: Company signed letter of intent with European client for 10 multi-purpose power vessels (Positive)

Dilip Buildcon: Company signs agreement with The Water Resources Zone, Udaipur for Rs 397 cr project. (Positive)

Tata Steel: Fitch upgrades Tata Steel to 'BBB-'; outlook stable (Positive)

Glenmark Life: Company declares interim dividend of Rs 22.50/sh (Positive)

FDC: Company volume jumped by 9.5 percent YoY in September. (Positive)

Alkem: Company volume jumped by 7.3 percent YoY in September (Positive)

Cipla: Company volume jumped by 5.4 percent YoY in September (Positive)

IDFC First: To Sell Bank’s office premises at Naman Chambers, BKC, Mumbai to NSDL for Rs 198 Crores (Positive)

Phoenix Mills: Q2 total consumption stood at Rs 2637 Crores, YoY growth of 20% (Positive)

Star Health: Company gets GST demand notice for Rs 39 crore from DG of GST Intelligence, Mumbai. (Neutral)

Indian Oil Corp; Company appoints Anuj Jain as director (finance) of the company w.e.f. October 9, 2023 (Neutral)

Canara Bank: Bank appoints Bhavendra Kumar as executive director w.e.f. October 9. (Neutral)

Dr Reddy: Named Among Defendant In A Complaint Filed By Mayo Clinic & Lifepoint Corporate In US District Court. (Neutral)

Hindustan Zinc: Company gets CGST penalty notice of ₹1.81 crore from Udaipur circle (Neutral)

BPCL: Co shut a 7.8 MTPA crude, some secondary units at Mumbai refinery for maintenance from Oct 6 (Neutral)

Bajaj Finance: EGM on Oct 31 for issuance of warrants on a preferential basis to Bajaj Finserv (Neutral)

Persistent Systems: issues Letter Of Comfort to US arm to avail banking facility of $30 million, (Neutral)

For the years before the Fed (in red) and the claim of CB money printing, the market has maintained a trajectory that has been consistent. The Market works in spite of the Fed, not because of the Fed.
Telegram.me/AlliesFin

@AlliesFin

🇮🇳👍𝐈𝐧𝐝𝐢𝐚𝐧 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐇𝐨𝐮𝐬𝐞𝐬 𝐚𝐧𝐝 𝐈𝐭'𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐚𝐩


𝐓𝐚𝐭𝐚 𝐆𝐫𝐨𝐮𝐩 - 𝟐𝟓,𝟐𝟗,𝟖𝟑𝟖 𝐂𝐫

Total Number of companies = 28

▪️Tata Consultancy Services Ltd
▪️Titan Company Ltd
▪️Tata Motors Ltd
▪️Tata Steel Ltd
▪️Tata Power Company Ltd
▪️Tata Consumer Products Ltd
▪️Trent Ltd
▪️Indian Hotels Co Ltd
▪️Tata Communications Ltd
▪️Tata Elxsi Ltd
▪️Voltas Ltd
▪️Tata Chemicals Ltd
▪️Tata Motors-DVR
▪️Tata Teleservices (Maharashtra) Ltd
▪️Tejas Networks Ltd
▪️Tata Investment Corporation Ltd
▪️Tata Coffee Ltd
▪️Rallis India Ltd
▪️Tinplate Company of India Ltd
▪️Tata Steel Long Products Ltd
▪️Tata Metaliks Ltd
▪️NELCO Ltd
▪️Oriental Hotels Ltd
▪️Automobile Corporation Of Goa Ltd
▪️Benares Hotels Ltd
▪️Automotive Stampings & Assemblies Ltd
▪️TRF Ltd
▪️Tayo Rolls Ltd

𝐌𝐮𝐤𝐞𝐬𝐡 𝐀𝐦𝐛𝐚𝐧𝐢 𝐆𝐫𝐨𝐮𝐩 - 𝟏𝟖,𝟔𝟎,𝟔𝟖𝟑 𝐂𝐫

Total Number of companies = 11

▪️Reliance Industries Ltd
▪️Jio Financial Services Ltd
▪️Alok Industries Ltd
▪️TV18 Broadcast Ltd
▪️Network 18 Media & Investments Ltd
▪️Sterling & Wilson Renewable Energy Ltd
▪️Just Dial Ltd
▪️Hathway Cable & Datacom Ltd
▪️Den Networks Ltd
▪️Reliance Industrial Infrastructure Ltd
▪️Hathway Bhawani Cabletel & Datacom Ltd

𝐇𝐃𝐅𝐂 𝐆𝐫𝐨𝐮𝐩 - 𝟏𝟒,𝟓𝟓,𝟕𝟕𝟕 𝐂𝐫

Total Number of companies = 3

▪️HDFC Bank Ltd
▪️HDFC Life Insurance Company Ltd
▪️HDFC Asset Management Company Ltd

𝐀𝐝𝐚𝐧𝐢 𝐆𝐫𝐨𝐮𝐩 - 𝟏𝟏,𝟏𝟖,𝟔𝟕𝟖 𝐂𝐫

Total Number of companies = 11

▪️Adani Enterprises Ltd
▪️Adani Ports & Special Economic Zone Ltd
▪️Adani Green Energy Ltd
▪️Adani Power Ltd
▪️Adani Energy Solutions Ltd
▪️Ambuja Cements Ltd
▪️Adani Total Gas Ltd
▪️Adani Wilmar Ltd
▪️ACC Ltd
▪️Sanghi Industries Ltd
▪️New Delhi Television Ltd

𝐁𝐚𝐣𝐚𝐣 𝐆𝐫𝐨𝐮𝐩 - 𝟗,𝟓𝟓,𝟎𝟔𝟗 𝐂𝐫

Total Number of companies = 10

▪️Bajaj Finance Ltd
▪️Bajaj Finserv Ltd
▪️Bajaj Auto Ltd
▪️Bajaj Holdings & Investment Ltd
▪️Bajaj Electricals Ltd
▪️Maharashtra Scooters Ltd
▪️Bajaj Hindusthan Sugar Ltd
▪️Bajaj Consumer Care Ltd
▪️Mukand Ltd
▪️Hercules Hoists Ltd

𝐈𝐂𝐈𝐂𝐈 𝐆𝐫𝐨𝐮𝐩 - 𝟖,𝟔𝟖,𝟗𝟒𝟕 𝐂𝐫

Total Number of companies = 4

▪️ICICI Bank Ltd
▪️ICICI Prudential Life Insurance Company Ltd
▪️ICICI Lombard General Insurance Company Ltd
▪️ICICI Securities Ltd

𝐋&𝐓 𝐆𝐫𝐨𝐮𝐩 - 𝟔,𝟓𝟒,𝟔𝟖𝟓 𝐂𝐫

Total Number of companies = 4

▪️Larsen & Toubro Ltd
▪️LTIMindtree Ltd
▪️L&T Technology Services Ltd
▪️L&T Finance Holdings Ltd

𝐀𝐝𝐢𝐭𝐡𝐲𝐚 𝐁𝐢𝐫𝐥𝐚 𝐆𝐫𝐨𝐮𝐩 - 𝟔,𝟐𝟎,𝟓𝟒𝟒 𝐂𝐫

🏷Total Number of companies = 7

▪️UltraTech Cement Ltd
▪️Grasim Industries Ltd
▪️Hindalco Industries Ltd
▪️Vodafone Idea Ltd
▪️Aditya Birla Capital Ltd
▪️Aditya Birla Fashion & Retail Ltd
▪️Aditya Birla Money Ltd

𝐎 𝐏 𝐉𝐢𝐧𝐝𝐚𝐥 𝐆𝐫𝐨𝐮𝐩 - 𝟑,𝟗𝟗,𝟗𝟏𝟐 𝐂𝐫

Total Number of companies = 11

▪️JSW Steel Ltd
▪️Jindal Steel & Power Ltd
▪️JSW Energy Ltd
▪️Jindal Stainless Ltd
▪️Jindal Saw Ltd
▪️JSW Holdings Ltd
▪️Nalwa Sons Investments Ltd
▪️JITF Infra Logistics Ltd
▪️Shalimar Paints Ltd
▪️Shiva Cement Ltd
▪️Hexa Tradex Ltd

𝐌𝐚𝐡𝐢𝐧𝐝𝐫𝐚 𝐆𝐫𝐨𝐮𝐩 - 𝟑,𝟖𝟓,𝟗𝟗𝟎 𝐂𝐫

Total Number of companies = 8

▪️Mahindra & Mahindra Ltd
▪️Tech Mahindra Ltd
▪️Mahindra & Mahindra Financial Services Ltd
▪️Mahindra Lifespace Developers Ltd
▪️Mahindra Holidays & Resorts India Ltd
▪️Mahindra Logistics Ltd
▪️Swaraj Engines Ltd
▪️Mahindra EPC Irrigation Ltd

𝐌𝐮𝐫𝐮𝐠𝐚𝐩𝐩𝐚 𝐆𝐫𝐨𝐮𝐩 - 𝟐,𝟓𝟗,𝟐𝟔𝟓 𝐂𝐫

Total Number of companies = 8

▪️Cholamandalam Investment & Finance Company Ltd
▪️Tube Investments of India Ltd
▪️Coromandel International Ltd
▪️Carborundum Universal Ltd
▪️Cholamandalam Financial Holdings Ltd
▪️EID Parry (India) Ltd
▪️Shanthi Gears Ltd
▪️Wendt India Ltd

𝐕𝐞𝐝𝐚𝐧𝐭𝐚 𝐆𝐫𝐨𝐮𝐩 - 𝟐,𝟑𝟎,𝟑𝟓𝟎 𝐂𝐫

Total Number of companies = 3

▪️Hindustan Zinc Ltd
▪️Vedanta Ltd
▪️Sterlite Technologies Ltd👍🇮🇳

Telegram.me/AlliesFin

🤝

Mkt. Updates :

*GIFT Nifty +40 pts (19786) from last trade 19746 ,*

Nikkei +101 pts ,
Hangseng +292 pts ,

Dow +134.65 pts ,Nsdq +84.36 pts, S&P
+22.58 pts , Bovespa +1581 pts , Ftse +136 pts , Dax +295 pts , Cac +141 pts , Crude @ $85.94 brl (-0.03), Brent @ $87.69 brl (-0.04) , Gold @ 1873.60 (-1.70), Silver @ $21.983 (+0.03), Euro @ $1.0605, JPY @ $148.60,  INR @ 83.255


*US GOVT. 10-YR YIELD : 4.64%*


*Today's Corporate Action, 11 Oct Ex Date :*

JYOTISTRUC
E.G.M. 
REFNOL
Amalgamation 


*Today's Key Results/Board Meetings, 11-Oct-23 :*

BANKBARODA
General  
DELTACORP
Quarterly Results  
DPLRight Issue of Equity Shares;Half Yearly Results
INTECCAP
General  
JONJUA
General  
JRELTD
General;Quarterly Results  
MEDPLUS
General  
NATIONSTD
Quarterly Results  
PAVNAIND
Increase in Authorised Capital  
PLASTIBLEN
Quarterly Results  
RSYSTEMINT
Employees Stock Option Plan;General 
SAMHI
Quarterly Results  
SEL
Quarterly Results  
SHAHLON
General  
SHAKTIPUMP
General  
SIGNATURE
Quarterly Results  
TCS
Interim Dividend;Audited Results;Quarterly Results
UNTTEMI
General  
ZAGGLE
Quarterly Results  


*SEC. IN F&O BAN FOR, 11-Oct-23 :*

*1. DELTACROP 2. IBULHSGFIN 3. MANAPPURAM 4. PNB 5. MCX 6. L&TFH*

*ADDITION : NIL*
*DELETION : NIL*

India Daybook Stocks in News


*IFGL Refractories:* Company has received the status of 'Three Star Export House' by the DGFT (Positive)

*Crompton Greaves Consumer:* Company launched a new product named Acenza in the Storage Water Heater segment. (Positive)

*MCX:* Company will go live with its new commodity derivatives platform on October 16, days after SEBI approval. (Positive)

*Union Bank:* Sudarshana Bhat has been elevated to the post of Chief General Manager of Union Bank with effect from October 10. (Positive)

*NCL Industries:* Company has announced cement production for the Q2FY24 at 6,59,300 MT, up 9 percent YoY (Positive)

*HDFC AMC:* CEO Navneet Munot appointed as Chairman of AMFI. (Positive)

*PVR INOX:* NCLT allowed scheme of amalgamation of Shouri Properties with co (Positive)

*Samvardhana Motherson:* Company has incorporated Motherson Groups Investments USA Inc. for acquiring, investing and holding movable and immovable assets of the group (Positive)

*Ugro Capital:* Company's AUM grew 73% year on year to Rs 7,590 crore in Q2 of FY24. Overall efficiency improved by 80 bps to 97.6% in Q2. (Positive)

*PI Industries:* Therachem Research Medilab and Solis Pharmachem have been merged into parent company PI Health Sciences (Positive)

*Fine Organics:* Company has incorporated a wholly owned subsidiary company named ‘Fine Organic Industries (SEZ) Private Limited’ in India. (Positive)

*Titan:* Board of Directors will be meeting on October 17, to consider issuance of non-convertible debentures. (Neutral)

*Birla Corporation:* Company has received an order from the Office of Collector (Mining), Satna, Madhya Pradesh, imposing a penalty of Rs 8.43 crore for excess production of limestone (Neutral)

*Zee Ent:* Served with appeal on behalf of IDBI Trusteeship Services against co before NCLAT, Delhi. (Neutral)

*Wipro:* Signs definitive agreement to subscribe to equity share capital in FPEL Ujwal Private. (Neutral)

*Akzo Nobel:* Company receives communication/demand order for collection of GST along with interest and penalty (Neutral)

*Bank Baroda:* Board meeting today to consider Fund Raising through issuance of long term Bonds for financing of infrastructure and affordable housing (Neutral)

*KPI Green:* Board meeting today to consider Fund Raising through issuance of preferential issue of shares or any other mode (Neutral)

*Aurionpro:* Board meeting today to consider Fund Raising through issuance of preferential issue of shares or any other mode (Neutral)

*Shakti Pumps:* Board meeting today to consider investment of Rs 114.29 Crores in subsidiary Shakti EV Mobility for the next 5 years (Neutral)

*Medplus:* Board meeting today to consider Fund Raising through issuance of preferential issue of shares or any other mode (Neutral)

*Bank Baroda:* RBI asks Bank to suspend on boarding customers onto the ‘bob World’ mobile application.

*EIH Associated:* Shib Sanker Mukherji has resigned from the office of Chairman and Director of the company due to personal reasons

TCS: Q2 CONS
NET PROFIT 113.4B RUPEES VS 111B (QOQ); EST 112B

REVENUE 596.9B RUPEES VS 594B (QOQ); EST 601B

EBIT 144.8B RUPEES VS 138B (QOQ); EST 141B

EBIT MARGIN 24.26% VS 23.16% (QOQ); EST 23.6%

CO DECLARED SECOND INTERIM DIVIDEND OF 9 RUPEES PER SHARE

CO TO BUY BACK SHARES WORTH UP TO 170B RUPEES

BUYBACK PRICE 4150 RUPEES/SHR

@AlliesFin

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 11-10-2023 :*

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

*TOTAL NET SELL : -21087* 😭

*INDEX FUT. : +1120*

*INDEX OPT. : -23154*

*STOCK FUT. : +935*

*STOCK OPT. : +10*

*SEC. IN F&O BAN FOR, 12-Oct-23 :*

*1. BALRAMCHIN 2. IBULHSGFIN 3. MANAPPURAM 4. PNB 5. HINDCOPPER 6. L&TFH 7. INDIACEM*

*ADDITION : BALRAMCHIN, HINDCOPPER, INDIACEM*
*DELETION : DELTACROP, MCX*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 11-OCT-2023 :*

*FIIS : SELL -422 (12,527-12,949)* ☺️

*DIIS : BUY +1,032 (8,369-7,337)* 😊

*BSE SENSEX : +394 (66,473)🔼*

*NSE NIFTY : +121 (19,811)*🔼

*BSE MIDCAP. : +177 (32,224)*🔼

*BSE SMLCAP. : +291 (37,970)*🔼

*B. CRUDE : $ 85.43* 🔽 😃

*GOLD: $1870=INR 59,500(10gr)* 🔼 😊

*SILVER : RS. 72,500 (kg)(5pm)*🔽☺️

*FOREX : RS. $ 83.19 🔼 🙂*

*7.26%GOI '33: 7.3553%(99.35)🔽😊*

*7.18%NEW '33: 7.3049%(99.12)🔽😊*

*7.18%GOI '37: 7.4241% (97.90)🔽😊*

T.me/AlliesFin

India Daybook Stocks in News


*PCBL:* Company has been granted two patents for invention, from the Indian Patent Office (Positive)

*Pricol:* Company has entered into a cooperation agreement with Heilongjiang Tianyouwei Electronics. (Positive)

*Indusind Bank:* RBI allows SBI Mutual Fund to acquire 9.99% of paid-up share capital in Bank. (Positive)

*Aster DM:* PE firms BPEA EQT & OTPP eye Aster DM assets including India biz: Sources to Bloomberg. (Positive)

*Cipla:* Gets EIR from US FDA as Voluntary Action Indicated (VAI) for its manufacturing facility in Long Island, NY, USA (Positive)

*Maruti Suzuki:* Company commences export of India-manufactured Jimny 5-door. (Positive)

*RVNL:* Company emerged lowest bidder of northeast frontier railway project worth Rs 28.73 Cr (Positive)

*EMS:* Company gets contract worth Rs 270.8 Cr from office of Municipal Corporation, Jaipur (Positive)

*Sula Vineyards:* Q2 own brand business grew by 14 percent YoY. (Positive)

*Aurobindo Pharma:* Unit in talks with Merck Sharp & Dohme; signs a limited letter of intent for CMO (Positive)

*Bajaj Hindusthan:* NCLAT set aside CCI's 2018 order (From Agencies). (Positive)

*Shakti Pumps:* Company to invest Rs 114 Cr in its Subsidiary Shakti EV Mobility. (Neutral)

*Suzlon Energy:* Company announces conversion of 16 lakh partly paid-up to fully paid-up equity shares (Neutral)

*Grasim:* Company to consider raising funds on Oct 16. (Neutral)

*Medplus:* Board approves fund raising up to Rs 1,200 Cr via NCDs and warrants (Neutral)

*Adani Enterprises:* Raises ₹700 crore via NCDs on private placement basis (Neutral)

*TCS:* Revenue seen at Rs 59,692 crore versus Rs 60196 crore, EBIT seen at Rs 14,483 crore versus Rs 14,353crore (Neutral)

*Bharti Airtel:* Bharti Life Ventures in pact with JV partner AXA to acquire AXA’s 49% stake in Bharti AXA Life Insurance (Neutral)

*Delta Corp:* Company has reported profit at Rs 69.44 crore, up 1.74 percent YoY.

*Patanjali:* Edible Oil segment faced ongoing pricing pressure during Q2 due to excessive Imports

*Vedanta:* Company's credit rating gets downgrade by India Ratings with negative outlook

*Zaggle Prepaid:* Revenue up 33.7% YoY; PAT down 67.4% YoY.

*Today's Headlines :*

*Economic Times :*

📝 Vedanta forms base metals unit

📝 Go First airline gets expression of interest from Jindal Power

📝 US House Republicans nominate Steve Scalise to replace ousted speaker Kevin McCarthy

📝 Formal job creation under EPFO dips 14.5% in April-July

📝 Exxon Mobil to buy shale rival Pioneer for nearly $60 billion in stock

📝 Bharti Group to buy out French partner AXA's stake in JV

📝 TCS Q2 Results: PAT rises 9% YoY to Rs 11,342 cr; board approves Rs 17,000 crore share buyback

📝 Maruti Suzuki India signs MoU with IDBI to provide dealer financing solutions

📝 Cabinet approves royalty rates for lithium mining, niobium and rare earth elements

📝 GMR lines up Rs 4,000-crore loan to build Vizag international airport

📝 Jungle Ventures launches programme to invest $2 million or above in seed capital

📝 InsuranceDekho bags $60 million, valuation hits $750 million


*Business Standard :*

📝 Meja Urja bets on UP's power demand, plans 5.6 Gw thermal capacity

📝 Aster DM Healthcare's India unit draws suitors valuing business at $1.5 bn

📝 Birla Carbon acquires Belgium based Nanocyl for undisclosed amount

📝 China's CLSA ups India exposure on supportive macroeconomic outlook

📝 Orkla announces restructuring of India operations into three business units

📝 JP Morgan adds India to emerging market debt index; may boost for G-secs

📝 Centre set to restrict sugar exports after poor monsoon rains: Report

📝 India's debt to GDP ratio to peak at 82.3% in FY25, fall in FY29, says IMF

📝 Sebi extends time for investment advisers to comply with qualification rule

📝 Number of MF investors crosses 40 million, SIP flows scale a new high

📝 Banks raise Certificate of deposit by 20 bps in Oct to cater credit demand


*Financial Express :*

📝 Fiber cable quality standards in work for telcos, ISPs

📝 L&T Hydrocarbon Business wins mega order for gas compression plants in Middle East

📝 Govt tightens PLI rules for white goods

📝 PayMate plans IPO in 6-9 months


*Mint :*

📝 Urban Co forays into consumer appliances

📝 Adani refinances $3.7 bn loan in Ambuja, ACC deal

📝 Brent slips to $85/bbl even after Saudi's pledge to stabilise markets

📝 NASA set to unveil first pictures of Bennu asteroid sample

📝 RBI allows SBI MF to acquire 9.99% paid-up share capital in IndusInd Bank

📝 India to become $30 trillion economy by 2050 with per capita income of $21,000

📝 Delta Corp net profit up 1.6% YoY to ₹69.4 crore profit in Q2 FY24

📝 NCLT admits insolvency plea against textile company Shrivallabh Pittie

📝 India September oil product demand up 1.5% sequentially: Report

📝 IMD warns of more rain in Lachen, Lachung in Sikkim until Sunday.

India CPI Inflation

Current: 5.02%
Expected: 5.5%
Previous: 6.83%

(Data seen lower than estimates, supportive for INR)

India Industrial Production

Current: 10.3%
Expected: 8.5%
Previous: 5.7%

(Data seen higher than estimates, supportive for INR)

12/10/2023
BSE:-64(66408)
NSE:-17(19794)
MID:+98(32322)
SML:+228(38198)
FII|FPI:-1862Cr
DII:+1532Cr
B.Crude: 86
Gold$:1884=INR: 58223
Silver: 69892
$/Rs: 83.24
7.18 : 2033 G-Sec: 7.29
NSE PE: 22.39
t.me/AlliesFin