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.

ELANTAS BECK INDIA LTD

STOCK IN NEW ORBIT

WILL THE JOURNEY CONTD ?

LEARN EARN GROW EVOLVE...

IN STOCK MARKET,
KNOW YOUR PURPOSE,
LEARN MARKET WITH
AAPKA SAARTHI @STOCKARTHi

LINK TO THIS LERNINGS
https://telegram.me/STOCKARTHi/7989

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 29-12-2023 :

T.me/AlliesFin

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

*TOTAL NET BUY : +26835* 😃😃

*INDEX FUT. : +299*

*INDEX OPT. : +28611*

*STOCK FUT. : -1502*

*STOCK OPT. -573*

*SEC. IN F&O BAN FOR, 01-JAN-24 :*

*1. HINDCOPPER*

*ADDITION : NIL*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 29-DEC-2023 :*

*FIIS : BUY +1,459 (9,503-8,044)* 😃

*DIIS : BUY +554 (10,908-10,354)* 🙂

*BSE SENSEX : -170 (72,240)🔽*

*NSE NIFTY : -47 (21,732)*🔽

*BSE MIDCAP. : +311 (36,839)*🔼

*BSE SMLCAP. : +291 (42,673)*🔼

*B. CRUDE : $ 77.84* 🔽 🙂

*GOLD: $ 2,064=INR 64,900(10gr)*🔽 ☺️

*SILVER : RS. 78,600 (kg)(5pm)*🔽😥

*FOREX : RS. $ 83.20 🔽 ☺️*

*7.18%NEW '33: 7.1754%(100.02)🔽😊*

*7.18%GOI '37: 7.2906% (99.05)🔽😊*

29/12/2023
@AlliesFin
BSE:-170(72240)
NSE:-47(21731)
MID:+311(36839)
SML:+291(42673)
FII|FPI:+1459Cr
DII:+554Cr
B.Crude: 77
Gold$:2067=INR: 63232
Silver: 74156
$/Rs: 83.21
7.18 : 2033 G-Sec: 7.17
NSE PE: 23.17
T.me/AlliesFin

🌟

Elon Musk’s Starlink was trying to beat Jio in India

But Jio used its 1st mover’s advantage to stop them in their tracks

*The SHOCKER? Indian Gov is changing a 138 year old law to bring Starlink back in the game*

*How Elon is rethinking internet & can possibly kill Jio*

In 2016, when most of us were witnessing a business disruption standing in queues to get our hands on the free Jio sim card,

12,869 miles away at Rocket Road, California, a group of engineers were planning a technological disruption.

Their goal? Rethink internet access.

Their solution? Satellite Internet.

Traditionally, we have been using internet that relies on cable wires, fiber optic lines, or cellular networks.

But making cable wires or fiber optic lines available in remote villages & hard terrains is not only costly but highly impractical as well.

And this is where satellite internet & Starlink by Elon Musk comes in.

Satellite Internet uses signals from satellites orbiting the Earth.

And Starlink is a collection of thousands of small satellites orbiting around 350 miles above the Earth.

It is designed to overcome the limitations of traditional internet infrastructure.

And provides high-speed, low-latency internet access to users around the world,

especially in remote and underserved areas.

First, let’s understand how satellite-based internet works.

There are 3 types of satellites used for satellite-based internet connections:

1️⃣ GEO (Geostationary Equatorial Orbit):

These satellites move at the same velocity as Earth and parallel to its rotation.

So they appear to be stationary in the sky.

They orbit the earth at 35,000 km above the surface.

2️⃣ MEO (Medium Earth Orbit):

MEO satellites orbit at a lower altitude than GEO, between 5,000 and 12,000 km above the surface.

Their relative proximity to Earth means they achieve far lower latency than GEO satellites.

3️⃣ LEO (Low Earth Orbit):

LEO satellites occupy the lowest orbit, between 400 – 1,600 km above the surface.

This proximity to Earth makes them ideal for very high-speed, low-latency transmissions.

Starlink uses LEO satellites which revolve around the Earth.

Because of their proximity to Earth, they have less signal travel time.

You can even see them in the night sky as a string of bright lights.

For the satellite internet to work, the user on the ground first connects to the Starlink dish — the user terminal.

The user terminal communicates with nearby Starlink satellites and forms a link to the larger Starlink network.

The satellites then form a mesh network, that allows them to pass data between each other and create global network coverage.

Starlink’s motto is — ‘virtually anywhere on earth without wires or cellphone towers.’

It started its operation in 2019 and true to its motto, it’s already available in over 65 countries,

— covering all 7 continents (including Antarctica!)

But Starlink hasn’t been able to make any progress in India.

Last year, it registered its business via a local unit Starlink Satellite Communications Pvt Ltd.

The company had planned to provide fast internet data at a subsidized price compared to the international market.

It had received 5,000+ pre-orders.

But the government said Starlink Internet Services doesn’t have the license to offer services in India.

And it asked Starlink to return people’s money.

Now, one company’s loss is another company’s gain.

In Feb this year, Reliance Jio partnered up with Luxembourg-based SES to provide satellite-based broadband services in India.

And created a joint venture called Jio Space Technology Ltd.

Their joint venture uses multi-orbit space networks, a combination of GEO & MEO satellites.

Starlink has already experimented with MEO & GEO satellites.

But they switched to LEO satellites to cover more area, provide better connectivity and low latency.

Moreover, Starlink and Jio Space aren’t the only contenders for India’s space spectrum.

When Startlink had to refund users for their pre-orders, OneWeb, which is backed by Airtel in India and Hughes Communication, came into play.

Tata group entity Nelco also partnered up with Canada's Telesat.

And Amazon’s Kuiper is going to launch satellites in 2024.

But why are so many companies vying for India’s space spectrum?

See, India has a population of 1.4 billion out of which 40% do not have internet access because they are in rural and remote areas.

And traditional terrestrial networks are not easy to install.

Hence, India’s satellite broadband service is expected reach $1.9 billion by 2030, growing at a CAGR of 36%.

Now, because India has so many contenders for its spectrum, the question arises

— who should get it?

Starlink and OneWeb wanted the government to assign licenses to companies, since spectrum is a natural resource that should be shared by companies.

But Jio wanted the government to auction the spectrum like it did with 4G & 5G 👀

Finally, the govt brought in some reforms & firstly dedicated a sole agency IN-SPACe to authorize space activities for govt & private satellite communication cos.

Before this reform, you had to get approval from Department of Telecommunication & Department of Space, separately.

And a bill has been proposed to replace the 138-year-old Indian Telegraph Act that currently governs the telecommunication sector.

So now, both Jio Space and OneWeb have received their GMPCS license from the Department of Telecommunication in India.

And Starlink is 3rd in line to recieve the GMPCS license after complying with the norms set by the Indian Government.

Jio and Airtel have even started testing their satellite internet services in the country under the beta phase.

In fact, JioSpace Fiber has been launched and is available in four of India's most remote locations including

- Gir, Gujarat

- Korba, Chhattisgarh

- Nabarangpur, Odisha

- ONGC-Jorhat, Assam

You might think that satellite-based internet service providers are new.

But HughesNet has been providing signal coverage from 22,000 miles above the Earth since 1996.

Starlink just improvised on it by using thousands of small satellites and providing global coverage.

The new Starlink Satellites even have laser communication elements to transmit signals between satellites at the speed of light, reducing dependency on ground stations.

Starlink also has the advantage of being part of SpaceX.

In addition to launching Starlink satellites, it also conducts regular partner launches.

Other satellite internet providers may not be able to schedule regular satellite launches due to the high-cost factors involved.

SpaceX aims to launch about 40,000 satellites in the near future, ensuring global and remote satellite coverage with reduced service outages.

Elon Musk is known for creating interlinked products.

A big need for self-driving cars is high-speed internet.
T.me/AlliesFin
And Starlink in India solves that, so having spectrum-based internet might even lead to self-driving cars in India.