Mkt. Updates :

*GIFT Nifty +33 pts (21418) from last trade 21385 ,*

Nikkei +27 pts ,
Hangseng clsd ,

Us And Europe Mkt Clsd
Crude @ $73.81 brl (+0.25), Brent @ $79.19 brl (-0.20) , Gold @ 2066.80 (-2.30), Silver $24.51 (-0.05), Euro @ $1.102, JPY @ $142.22, INR @ 83.165


US GOVT. 10-YR YIELD : 3.89%


*TODAY'S CORPORATE ACTION, 26.12.2023 :*


*NIL*


*Today's Key Results/Board Meetings, 26-Dec-23 :*

ABHICAP
General    
ADANIGREEN
Preferential Issue of shares  
AMIC
Half Yearly Results   
CITL
General    
CROISSANCE
General    
DYNAMICP
General    
JAMESWARREN
General    
JLL
General    
PRAVEG
Issue Of Warrants;Preferential Issue of shares;GeneralSAICOM
General    
TANAA
Preferential Issue of shares  


*SEC. IN F&O BAN FOR, 26-DEC-23 :*

*1. BALRAMCHIN 2. DELTACORP 3. HINDCOPPER 4. ASHOKLEY 5. NATIONALUM 6. INDIACEM 7. SAIL*


*Today's Alert :*

*RBI to Conduct Auction of SDLS BONDS for INR 253.49 Billion*

🇮🇳India Daybook Stocks in News


*Biocon:* Company partners w/Sandoz for distribution of Adalimumab BS Subcutaneous injectio (Positive)

*Talbros:* Board approves divestment of its entire 40% stake in JV Co Nippon Leakless Talbros for Rs. 81.8 cr. (Positive)

*Can Fin Home:* ICRA upgrades company’s rating of long-term facilities to 'AAA' from 'AA+'. (Positive)

*RITES:* Company and NEEPCO in pact to strengthen logistical infra at Northeast hydropower stations. (Positive)

*NTPC:* Company’s Renewable Energy unit wins bid for 900 MW solar projects. (Positive)

*Jndal Steel:* Company has entered into a MoU with RINL for the operationalization of RINL's Blast Furnace-3 (BF-3) (Positive)

*Transformers and Rectifiers:* Company completed the 'Dynamic Short Circuit Test' (Positive)

*Fusion Microfinance:* CARE has revised its credit rating for the Long-Term Bank Loan Facilities of Fusion Micro Finance Limited from CARE A to CARE A+ (Positive)

*Archean Chemicals:* Subsidiary has been declared as the successful bidder for acquiring Oren Hydrocarbons Private Limited. (Positive)

*NDTV:* Civil Suit filed by Ankiti Bose before Bombay HC seeking Rs 820 cr damages against arm NDTV Convergence has been amicably settled between the parties. (Positive)

*KPI Tech:* Company acquires 13% stake in N-Dream AG (Positive)

*RK Forging:* NCLT approves RK Forging's acquisition with ACIL Limited (Positive)

*EMS:* Company received letter of award from Urban Development Department awards worth of Rs 356.6 crore (Positive)

*PNC Infratech:* Company achieves financial closure for a highway project of Rs 819 crore (Positive)

*Reliance Industries:* According to a report, the conglomerate and Walt Disney have signed a non-binding term sheet to merge their Indian media operations (Positive)

*Anupam Rasayan:* Company has signed LoI worth $61 million or ₹507 crore with one of the leading Japanese multi-national chemical company (Positive)

*LT Foods:* Company eyes bigger chunk of ready-to-cook meals, snacks (Positive)

*Adani Wilmar:* Promoters propose share sale in the open market to achieve minimum public shareholding (Neutral)

*UPL:* Company to raise funds up to Rs 4,200 cr via rights issue. (Neutral)

*Tata Steel:* Company announced shareholders’ meet on Jan 25, 2024 to consider merger of co & the Indian Steel and Wire products (Neutral)

*SBI:* Banks signs $165 million Line of Credit with World Bank for promoting rooftop solar project in India. (Neutral)

*Bank of Baroda:* Raises stake in ONDC to 8.51% from 5.56% for Rs 30 crore (Neutral)

*Suryoday:* Mr. Sandeep Arora, has been appointed as Chief Product and Customer Experience Officer of the Bank. (Neutral)

*JK Tyre:* Company announced closure of its Qualified Institutional Placement issue through which it has raised ₹500 crore (Neutral)

*Paytm:* Company said that the AI-led transformation will result in a "slight" reduction in the operations and marketing workforce (Neutral)

*Wipro:* Denies rumours of former L&T Infotech CEO Sanjay Jalona joining the company

*Zydus Lifesciences:* Company gets 6 observations from USFDA for API plant.

*MedPlus:* Company has received an order from the Drugs & Control Authority on the suspension of its drug licence for five days

*Infosys:* The global company has elected to terminate the MoU and the parties will not be pursuing the Master Agreement. The MoU signed with company by client for target spend over 15 years is estimated at USD 1.5 Bn.

*Auro Pharma:* US FDA issues 10 observations for Aurobindo Pharma's arm Eugia’s East Windsor, New Jersey, US mfg Unit

*Vedanta:* Arm Bharat Aluminium Co (BALCO) receives Rs 84 cr GST demand from Bilaspur authorities for FY17-18 on account of various interpretational issues.

It's is your evolution that will lead you to your Destination. @AlliesFin

Headlines from the Corporate News Section:
t.me/AlliesFin

Investments and Markets:

* *FPIs Pump Money into Equities:* Foreign portfolio investors (FPIs) poured a massive Rs 57,300 crore into Indian equities in December, pushing their total investment this year past Rs 1.62 lakh crore.
* *Market Movers:* Reliance Industries, HDFC Bank, and Hindustan Unilever saw their market capitalization jump, while TCS, ICICI Bank, and Infosys faced erosion.
* *IT Sector Woes:* Analyst predictions suggest a rocky path for Indian IT firms in 2024, with Infosys losing a major deal and muted revenue guidance from Accenture.

Business Success Stories:

* *From Store to Billion-Dollar Venture:* Mithun Sacheti's CaratLane journey demonstrates the power of entrepreneurial vision, transforming a single jewelry store into a Rs 17,000 crore business.
* *Government Action:* The government plans to procure tur dal above minimum support price (MSP) to boost buffer stocks.
* *Century Plyboards Invests Big:* Century Plyboards commits Rs 2,000 crore investment in Andhra Pradesh.

Capital Market Updates:

* *Adani Wilmar Stake Reduction:* Adani Wilmar promoters to divest shares to meet public float norms.
* *SME IPO Boom:* Small and medium-sized enterprises (SMEs) experience an IPO subscription surge, with many seeing over 100 times subscription.
* *PSP Projects Secures Major Project:* PSP Projects emerges as the lowest bidder for a Rs 158.61 crore project from the Gujarat government.

Company Developments:

* *Biocon Biologics Inks Distribution Deal:* Biocon Biologics signs exclusive distribution agreement with Sandoz for a key drug in Japan.
* *Talbros Automotive Divests JV Stake:* Talbros Automotive Components to divest its entire stake in a joint venture company.
* *Vizag Steel-Jindal Deal:* Potential deal between Vizag Steel and Jindal Steel & Power for working capital infusion.
* *Tata Motors Launches EV Stores:* Tata Motors subsidiary launches TATA.ev stores in Gurugram, further strengthening its electric vehicle push.
* *UPL Rights Issue:* UPL to raise up to Rs 4,200 crore through a rights issue.
* *KPIT Technologies Acquires Game Platform Stake:* KPIT Technologies acquires 13% stake in a Swiss cloud-based game aggregation platform company.

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 26-12-2023 :

T.me/AlliesFin

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

*TOTAL NET BUY : +25768* 😃😃

*INDEX FUT. : -777*

*INDEX OPT. : +25535*

*STOCK FUT. : +1008*

*STOCK OPT. +02*

*SEC. IN F&O BAN FOR, 27-DEC-23 :*

*1. BALRAMCHIN 2. DELTACORP 3. HINDCOPPER 4. NATIONALUM 5. RBLBANK*

*ADDITION : RBLBANK,*
*DELETION : ASHOKLEY, INDIACEM, SAIL*

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

*FIIS : SELL -95 (6,174-6,269)* ☺️

*DIIS : BUY +167 (8,830-8,663)* 🙂

*BSE SENSEX : +230 (71,337)🔼*

*NSE NIFTY : +92 (21,441)*🔼

*BSE MIDCAP. : +257 (36,140)*🔼

*BSE SMLCAP. : +201 (42,203)*🔼

*B. CRUDE : $ 80.68* 🔼 😩

*GOLD: $ 2,062=INR 64,700(10gr)*↔️ 😳

*SILVER : RS. 79,800 (kg)(5pm)*↔️😳

*FOREX : RS. $ 83.19 🔽 ☺️*

*7.18%NEW '33: 7.1819%(99.9750)🔽🙂*

*7.18%GOI '37: 7.2999% (98.97)🔽🙂*

GIFT Nifty +41 pts (21540) from last trade 21499 ,


Nikkei +444 pts ,
Hangseng +221 pts ,

Nifty Fut Clsd)
Dow +159.36 pts ,Nsdq +81.60 pts, S&P
+20.12 pts , Bovespa +779 pts , Crude @ $75.23 brl (-0.34), Brent @ $81.01 brl (+1.94) , Gold @ 2077.50 (+7.70), Silver $24.47 (+0.06), Euro @ $1.1041, JPY @ $142.37, INR @ 83.155


Today's Corporate Action
27th Dec Ex Date




NMSRESRC
E.G.M. 
VEDL
Interim Dividend - Rs. - 11.0000

Today's Key Results/Board Meetings
27-Dec-23


  

ALFREDHE
General    
ASCENSIVE
General    
ASHNI
General    
BRIJLEAS
Increase in Authorised Capital;General 
GVFILM
Issue Of Warrants   
KINGSINFR
General    
OCEANIC
Audited Results;Quarterly Results 
SCL
General    
SHEETAL
Increase in Authorised Capital;Preferential Issue of shares;General
SOUTHBANK
General    
TITANIN
General    
VKAL
Preferential Issue of shares  




Stock under F&O ban on NSE
27-Dec-23


1 BALRAMCHIN
2 DELTACORP
3 HINDCOPPER
4 NATIONALUM
5 RBLBANK

News Headlines from Business News Agencies :

Business Standard :

📝 BharatPe earns Rs 904 cr against a loss before tax of Rs 886 cr in FY23
📝 Fresh formal jobs creation falls 10% to 9.06 mn in 2023: EPFO data
📝 Indian businesses gearing up for responsible AI adoption: Nasscom
📝 Coca-Cola renews its partnership with ICC for another eight years
📝 Tata Motors bags order to provide 1,350 diesel bus chassis to UPSRTC
📝 India Inc seeks 3.9 mn jobs for frontline workers in H1 FY24: Report
📝 Financial sector set to see churn in 2024 with major leadership changes
📝 California walnut imports witness sharp uptick after India's tariff removal
📝 Telcos likely to show little interest in upcoming spectrum auction
📝 Muthoot Microfin lists at 5% per cent discount against issue price
📝 Sportswear brands ride the athleisure wave, double India biz in two years


Economic Times :

📝 India, Oman free trade agreement likely to be inked next month: Official
📝 India got 91% more rains than normal in December, according to IMD data
📝 Noida, Greater Noida authority paves way to restart stuck housing projects
📝 Centre proposes cap on performance security and upfront amount to auction critical and strategic minerals
📝 Xiaomi to reveal its electric vehicle tech on December 28
📝 NBCC sold over 5,000 units of Amrapali for Rs 2,872 crore
📝 Indian businesses gearing up for responsible AI adoption: Nasscom
📝 Zydus Lifesciences arm gets Rs 284.58 cr income tax demand notice
📝 Operating profit of offshore rig operators may jump 30% in FY25: Report
📝 India's energy shift: Major growth in renewables sets stage for a green 2024
📝 JSW Renew Energy commissions 51 MW wind energy capacity in Tamil Nadu


Mint :*

📝 India's current account deficit narrows to 1% of GDP at $8.3 bn in July-Sept
📝 Digital ads slowdown in July-Sep; e-commerce, entertainment top advertisers
📝 Tamil Nadu Coke & Power Limited files DRHP with NSE Emerge
📝 Chinese Gaming Stocks Rebound After Regulators Soften Stance on Gaming Curbs
📝 Sebi’s T+0 settlement plan will boost liquidity, but impact on brokers’ business
📝 Rough terrain for FMCG cos amid sluggish rural demand
📝 Suraj Estate Developers share price debuts with 5.55% discount at ₹340
📝 SBI buys ₹200 crore worth NCDs of Muthoot Fincorp
📝 Toyota's Daihatsu suspends all domestic production due to safety scandal
📝 LT Foods eyes bigger chunk of ready-to-cook meals, snacks
📝 Innova Captab IPO: Issue subscribed over 55 times on last day
📝 Firms are exploring sodium batteries as an alternative to lithium

🇮🇳 India Daybook Stocks in News


Power Grid: Company commissions commercial operations of 500 MW wind energy zone in Tamil Nadu (Positive)

Kansai Nerolac: Company to sell land parcel in Lower Parel, Mumbai, for Rs 726 crore. (Positive)

Thermax: NCLT approves the spinoff of Thermax's wholly-owned subsidiaries (Positive)

SEAMEC: Signs MoU with HAL Offshore for Charter Hire of Offshore Support Vessel 'Sea Pearl'. (Positive)

Tata Motors: Company bags order of 1,350 bus chassis from UP State Road Transport Corp. (Positive)

PEL: Subsidiary signs pact with AASAN Corporate Solutions for acquisition of Piramal Tower at Peninsula Corporate Park, Lower Parel, Mumbai, for Rs 875 cr (Positive)

VPRPL: Company gets letter of award for orders worth Rs 899 crore from Uttarakhand government (Positive)

Aditya Birla Capital: Company invests Rs 850 cr on rights basis, in subsidiary Aditya Birla Finance (Positive)

ONGC: Elpro International acquires 4.65 lakh shares of ONGC for Rs 9.7 crore (Positive)

JSW Energy: JSW Renew Energy commissions 51 MW wind energy capacity in Tamil Nadu. (Positive)

Oil upstream companies: Operating profit of offshore rig operators in India is likely to jump 30% next fiscal: CRISIL (Positive)

SJVN: Company has secured 100 MW Solar Power Project through e-Reverse Auction conducted by Gujarat Urja Vikas Nigam Limited (Positive)

EMS: Company received letter of award from Urban Development Department awards worth of Rs 356.6 crore (Positive)

Adani Energy Solutions: Company to acquire 100% stake in Halvad Transmission; To invest ₹3,000 crore (Positive)

JSW Infra: Company completes acquisition of 50 percent stake in PNP Maritime Services (Positive)

LIC: Company’s board approves proposal to set up branch office in GIFT City (Neutral)

Power Grid: Company acquired Vataman Transmission Limited for Rs 18.19 cr. (Neutral)

UGRO Capital: Company to consider raising of funds by way of issuance of NCDs via public issue on Friday, Dec 29 (Neutral)

Bajaj Holdings: Company gets GST and penalty demand worth Rs 1.83 crore from Commissioner of Central Tax, Pune (Neutral)

Maruti: Board has approved the appointment of Mr. Kazunari Yamaguchi as a Non-executive Additional Director (Neutral)

Karnataka Bank: Enables payment of Direct Tax (Income Tax/Advance Tax) for its customers. (Neutral)

JK Tyre: Company announced closure of its Qualified Institutional Placement issue through which it has raised ₹500 crore (Neutral)

Zydus Life: Company's arm gets tax demand worth Rs 284.58 crore from IT Department for AY 2023-24.

Zee Learn: Axis Bank files insolvency petition against Zee Learn before NCLT, Mumbai

SENSEX Exposed: 43 Years of SENSEX Data That Will Blow Your Mind: @ALLiESFiN

🔰 Over the past 43 years, there have been approximately 11,000 trading days.

🔰 Positive and negative returns were observed as follows:

- Daily: 53% positive, 47% negative
- Weekly: 56% positive, 44% negative
- Monthly: 61% positive, 39% negative
- Quarterly: 64% positive, 36% negative
- Yearly: 72% positive, 28% negative
- 3 years: 89% positive, 11% negative
- 5 years: 96% positive, 4% negative
- 10 years: 100% positive, 0% negative

🔰 The SENSEX delivered a (CAGR) of 15.5% over the last 43 years.

🔰 Historical CAGR for different periods:

- 1980-1990: 21.6%
- 1990-2000: 14.3%
- 2000-2010: 17.8%
- 2010-2020: 8.8%
- 2020-2022: 24.8%

🔰 Taking into account an average dividend yield of 1.4%, the compounded annual growth rate (CAGR) of BSE Sensex is approximately 16.9%, resulting in a value of around 80,000.

🔰 The longest period of consecutive positive returns was from 1994 to 2003, spanning 9 years.

🔰 Since 2002, there have been no single-year rolling returns negative over any 7-year period, implying no loss if money was invested for a minimum of 7 years.

🔰 Actively managed equity funds have shown the following CAGR returns over 20 years:

- Hybrid: 15.96%
- Diversified: 16.25%
- ELSS: 18.20%
- All Funds (excluding LIC and few AMCs): 16.41%

🔰 SENSEX was at 3800 in June 1996 (26 years back). Over the last 26 years, the average equity mutual fund delivered 18% CAGR.

🔰 If SENSEX had performed as well as the average mutual fund scheme:

- At 16.4% CAGR, SENSEX could be around 1,70,000 levels.
- At 18% CAGR, SENSEX could be around 2,38,000 levels.

LIKE SHARE & STAY TUNED FOR UDPATES
https://Telegram.me/AlliesFin

(H/t - 100xGain)✨📈📊🇮🇳🇮🇳.

Namste,

Tomorrow volatility could be higher due to
Nifty & Banknifty
monthly expiry /
Quarterly /
Yearly Expiry 2023 ✨

T.me/AlliesFin

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 27-12-2023 :

T.me/AlliesFin

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

*TOTAL NET BUY : +22414* 😃😃

*INDEX FUT. : -488*

*INDEX OPT. : +19812*

*STOCK FUT. : +2903*

*STOCK OPT. +187*

*SEC. IN F&O BAN FOR, 28-DEC-23 :*

*1. NATIONALUM 2. RBLBANK*

*ADDITION : NIL*
*DELETION : BALRAMCHIN, DELTACORP, HINDCOPPER*

INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 27-DEC-2023 :

*FIIS : BUY +2926 (10,654-7,728)* 😃

*DIIS : SELL -192 (9,136-9,328)* ☺️

*BSE SENSEX : +701 (72,038)🔼*

*NSE NIFTY : +213 (21,655)*🔼

*BSE MIDCAP. : +147 (36,287)*🔼

*BSE SMLCAP. : +84 (42,287)*🔼

*B. CRUDE : $ 80.52* ↔️ 😳

*GOLD: $ 2,080=INR 65,500(10gr)*🔼 😊

*SILVER : RS. 79,500 (kg)(5pm)*🔽☺️

*FOREX : RS. $ 83.35 🔽 ☺️*

*7.18%NEW '33: 7.2074%(99.80)🔼☺️*

*7.18%GOI '37: 7.32% (98.80)🔼☺️*

Groups Performance for the Year 2023
@AlliesFin

1) TVS Group +73%
2) Naveen Jindal Group +63%
3) L&T Group +61%
4) MURUGAPPA GROUP: +52%
5) HERO GROUP: +48%
6) BABA KALYANI GROUP: +34%
7) TATA GROUP: +30%
8) MAHINDRA GROUP:+29%
9) HINDUJA GROUP: +25%
10) JSW GROUP: +20%
11) BAJAJ GROUP:+19.5%
12) ICICI GROUP: +13%
13) RELIANCE GROUP: +11%
14) HDFC GROUP: +6%
15) VEDANTA: -9%
16) ADANI GROUP: -28%

And For PSUs

President of India +48%

Stay tuned for updates
Telegram.me/AlliesFin

*🇮🇳India Daybook – Stocks in News*


*Petronet LNG:* Company in pact to set up LNG terminal at Gopalpur Port in Odisha. (Positive)

*KPI Green Energy:* Company and arm commission 17.35 MWP solar power projects (Positive)

*PTC Industries:* Company in pact with Nasmyth U.K. for offering solutions to defence, aerospace customers in India and globally (Positive)

*Canara Bank:* Gives in-principle approval to start process of listing its mutual fund subsidiary Canara Robeco Asset Management Company through an IPO. (Positive)

*Affle:* Company to acquire minority stake in Explurger for approximately Rs 37.3 crore. (Positive)

*Credo Brands:* S I INVESTMENTS bought 7.50 lakh shares at 308.73 per share (Positive)

*Cement Companies:* Cement sales volumes show signs of robust demand in infrastructure, construction. (Positive)

*South Indian Bank:* Approves raising Rs 1,750 crore via rights issue (Positive)

*Tata Power:* Company has signed a Share Purchase Agreement and acquired 100 percent equity stake in Bikaner III Neemrana II Transmission. (Positive)

*JSW Steel:* CEO Jayant Acharya has announced a bold strategy for the company, revealing plans for a capital expenditure (Positive)

*NTPC:* Company is aiming to increase its capital expenditure at least by 30–40% going forward, according to Gurdeep Singh, chairman (Positive)

*Swan Energy:* Company on Wednesday said it has made a ₹40-crore repayment of debt towards its entire fund-based facilities of the textile unit to the consortium of banks led by Union Bank of India. (Positive)

*Lupin:* Company has received approval from the USFDA for its ANDA for loteprednol etabonate ophthalmic suspension (Positive)

*Sula Vineyards:* Wine tourism achieves new heights over Xmas weekend (Positive)

*KPI Green:* Board meeting on 30th December to consider bonus issue (Positive)

*Exide:* Company invests Rs 40 crore in arm Exide Energy Solutions. (Neutral)

*Power Grid:* Company acquired Vataman Transmission Limited for Rs 18.19 cr. (Neutral)

*LIC:* Company appointed S Sunder Krishnan as chief risk officer (Neutral)

*M&M:* Company to divest 0.58% stake in IPO of FirstCry parent Brainbees Solutions. (Neutral)

*Paytm:* As many as 912 crore merchant transactions were made using Paytm in Q2FY24, parent One97 Communications said (Neutral)

*Zomato:* Company received show cause notice for Rs 402 cr tax liability.

*News Headlines from Business News Agencies :*

*Business Standard :*

📝 Banks bid 3.2 times against notified amount of Rs 50,000 cr at VRR auction

📝 L&T wins over Rs 5,000 cr power, water systems order in Saudi Arabia

📝 Dish TV shareholders reject candidature of 4 independent directors in EGM

📝 India to become largest economic superpower by end of century: CEBR

📝 Toyota Kirloskar Motor confident of continuing strong growth in 2024

📝 Rising input costs, lower price realisation in 2023 trouble tea industry

📝 Govt directs digital platforms not to carry ads of fraudulent loan apps

📝 Brent to remain steady in near term, reflects demand destruction: Emkay

📝 Maruti Suzuki Brezza sales cross 1 mn units since launch in March 2016

📝 Fresh formal jobs creation falls 10% to 9.06 mn in 2023: EPFO data

📝 India to become largest economic superpower by end of century: CEBR


*Economic Times :*

📝 CLEAR Premium Water to acquire majority stake in KELZAI Volcanic Water

📝 Signature Global expected to deliver a 26% CAGR over FY2023-26

📝 Amazon set to introduce 'limited ads' on Prime Video from January 29 onwards

📝 Balance sheet of banks expanded by 12.2% in 2022-23, shows RBI report

📝 India net importer of steel in April-November as Chinese shipments reach 5-year high

📝 Apraava Energy secures 300 MW wind energy project in Karnataka

📝 Russia exports almost all its oil to China and India - Novak

📝 Govt working to make cooperative strong part of rural life: PM Modi

📝 Happy Forgings margins will be around 28-30% going forward: MD

📝 Hiring in Indian IT sector likely to see 8-10% growth in 2024: report

📝 Industrial and logistics sector leasing to grow by 14% in 2024

📝 Cabinet approves minimum support price for copra for 2024 season


*Mint :*

📝 FirstCry posts 6x jump in net loss at ₹486 crore in FY23; revenue up 135% YoY

📝 UPI tap and pay expected to go live by Jan 31 next year: Report

📝 NBFCs to witness slower growth, need to diversify funding sources in 2024

📝 M&M accelerates ‘Born EV’ plans, to expedite launches

📝 Aditya Birla Capital to invest ₹900 crore in two subsidiaries on rights basis

📝 RBI introduces new forex scheme to make transactions easier

📝 Suzlon secures another order of 100.8 mw from Nordic Energy

📝 Mutual funds: Equity schemes strike a chord with retail investors in 2023

📝 America may soon be spending more on debt service than defence

📝 SJVN Company bags 100 MW solar project

📝 China imposes sanctions on US data firm

📝 IndusInd Bank introduces UPI-enabled credit card on RuPay network

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 28-12-2023 :

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

*TOTAL NET SELL : -118983* 😭😭😭

*INDEX FUT. : -903*

*INDEX OPT. : -123811*

*STOCK FUT. : +7106*

*STOCK OPT. -1375*

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

*FIIS : BUY +4,359 (13,489-9,130)* 😃

*DIIS : BUY +137 (18,258-18,121)* 🙂

*BSE SENSEX : +372 (72,410)🔼*

*NSE NIFTY : +124 (21,779)*🔼

*BSE MIDCAP. : +241 (36,528)*🔼

*BSE SMLCAP. : +95 (42,382)*🔼

*B. CRUDE : $ 78.22* 🔽 😃

*GOLD: $ 2,074=INR 65,100(10gr)*🔽 ☺️

*SILVER : RS. 79,800 (kg)(5pm)*🔼🙂

*FOREX : RS. $ 83.17 🔼 😊*

*7.18%NEW '33: 7.2111%(99.7750)🔼☺️*

*7.18%GOI '37: 7.3168% (98.8275)🔽🙂*

*News Headlines from Business News Agencies :*

*Business Standard :*

📝 Coal production rises over 12% to 664.37 MT this fiscal: Ministry

📝 India likely to remain fastest growing major economy in 2024: Assocham

📝 FirstCry's parent firm files DRHP; to raise Rs 1,816 crore via fresh issue

📝 RIL will never be complacent, aims for top 10 global conglomerates: Ambani

📝 Food delivery app Zomato gets Rs 402 cr show cause notice over unpaid GST

📝 Insurers should be allowed to invest in new asset classes: LIC Chairman

📝 Flipkart Internet's operating revenue jumps 42% in FY23, loss declines 9%

📝 SpiceJet's resurgence could disrupt Indian aviation market: CAPA India

📝 Tech companies planning to step up hiring in tier-2, tier-3 cities in 2024

📝 Improved affordability pushes home sales in India to a new peak in 2023

📝 Malls registered high demand this year, trend likely to continue in 2024

📝 Centre extends import duty exemption on tur, urad dal to March 2025


*Economic Times :*

📝 PNGRB sets up expert committee to review safety framework in oil and gas sector

📝 MahaRERA makes certification for real estate agents mandatory from January 1

📝 Sterlite Power acquires Neemrana II Kotputli Transmission

📝 India may exempt certain steel product imports from quality control requirements to rein in prices

📝 Bad assets of banks decline multi-year low to 0.8% in September: RBI report

📝 Mines ministry identifies some offshore blocks for exploration

📝 Synthetic textile industry seeks higher duty drawback, duty remission to tide over Red Sea crisis

📝 IIL begins construction of Rs 700 crore facility to make FMD vaccines

📝 Govt hopeful of 'bountiful harvest' amid food inflation headwinds

📝 TN Pollution Control Board directs Coromandel International to ensure safety before restarting plant operations

📝 Engineering exports dip in first eight months of FY24: EEPC


*Mint :*

📝 Tesla's first Indian factory to be set up in Gujarat, announcement soon, reports

📝 SBI’s RTI reply shows electoral bonds worth ₹15,956.30 crore sold since 2018

📝 L&T bags order in the range of ₹2,500-5000 crore

📝 IntelliSmart to provide data analytics services to discoms: Anil Rawal

📝 Aditya Birla Group HR head Misra takes early retirement

📝 The three companies eyeing Macquarie's Strides solar projects

📝 Banking-related scams surged over 2X in H1FY23 from last year: RBI Report

📝 India, South Korea explore joint projects in Sri Lanka, Bangladesh

📝 Reliance Jio and IIT-Bombay set to build India's ‘BharatGPT’ AI

📝 Mutual funds overall AUM zoomed 23% in 2023 on bull run

📝 India's mutual funds industry outpaces global peers with 19% asset growth

📝 Personal loan growth spikes 32%, quarter soars 10%: CRIF-FIDC

*🇮🇳India Daybook – Stocks in News*


*Tata Consumer/Tata Coffee:* Scheme of arrangement between Tata Coffee, and Tata Consumer Products to be effective January 1, 2024.. (Positive)

*Redtape:* Company in pact with ONDC for marketing its products. (Positive)

*Aarti Industries:* Company enters into a nine-year contract with a company for supply of a niche agrochemical intermediate (Positive)

*Canara Bank:* Gives in-principle approval to start process of listing its mutual fund subsidiary Canara Robeco Asset Management Company through an IPO. (Positive)

*IndusInd Bank:* ICICI Prudential AMC and ICICI Prudential Life get RBI nod to acquire aggregate holding of up to 9.95% stake in Bank (Positive)

*RBL Bank:* ICICI Prudential AMC and ICICI Prudential Life get RBI nod to acquire aggregate holding of up to 9.95% stake in Bank (Positive)

*Federal Bank:* ICICI Prudential AMC and ICICI Prudential Life get RBI nod to acquire aggregate holding of up to 9.95% stake in Bank. (Positive)

*Equitas Small Bank:* ICICI Prudential AMC and ICICI Prudential Life get RBI nod to acquire aggregate holding of up to 9.95% stake in Bank (Positive)

*Marine Electricals:* Company gets order worth Rs 31.85 crore from Defence Ministry. (Positive)

*Waaree Renewables:* Company in pact with Australia's 5B Maverick Services for solar projects in India (Positive)

*Satin Creditcare:* Company has entered into a master agreement for the co-lending of loans to micro-finance borrowers via a co-lending module in tranches with Karnataka Bank. (Positive)

*Punjab National Bank:* Bank announced its approval for raising equity capital of up to ₹7,500 crore during the fiscal year 2024-25. (Positive)

*J B Chemicals:* Company looks to continue its growth momentum, driven by the geographical expansion of legacy brands, scale-up in Sanzyme, Azmarda, and Razel franchises, (Positive)

*Suzlon Energy:* Company won an order for the development of a 300-MW wind power project for Apraava Energy (Positive)

*Lemon Tree:* Company signed a franchise agreement for an upcoming hotel in Mussoorie, Uttarakhand (Positive)

*Railtel:* Company bags work order worth ₹120.45 cr from South Central Railway (Positive)

*Swan Energy:* Company approves raising Rs 4,000 crore via multiple instruments. (Neutral)

*Jubilant Food:* DP Eurasia says negotiations with Jubilant Foodworks continue. (Neutral)

*Info Edge:* Company to invest Rs 25 cr in subsidiary Zwayam Digital. (Neutral)

*ICICI Bank:* Bank has received a notice from the Tamil Nadu GST Department raising a demand of ₹24.37 crore with a penalty of ₹2.43 crore (Neutral)

*Bank Of Baroda:* Raises Interest Rates on retail term deposits for various tenors by up to 125 bps (Neutral)

*IRCTC:* Pradeep Kumar joined the post of Chief Vigilance Officer on December 28. (Neutral)

*Aarti Drugs:* Company gets SEBI warning for non-disclosure of Sarigam Plant closure in April 2022.

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