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 Amazonโs Kuiper is going to launch satellites in 2024.
But why are so many companies vying for Indiaโs 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, Indiaโs 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
โ 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 ๐
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.
Tata group entity Nelco also partnered up with Canada's Telesat.
And Amazonโs Kuiper is going to launch satellites in 2024.
But why are so many companies vying for Indiaโs 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, Indiaโs 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
โ 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 ๐
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.
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Make Money Work for you...
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Make Money Work for you...
#Equity
#Currency
#Trading
#Training
#Tutorials
#Online #Offline
#Risk #Management
Market News & Updates
Channel 4 Educational Purpose Only,
Contact @AxitDShah +919869958999
๐1
Motivation
*เคธเฅเคฎเคตเคพเคฐ เคธเฅ เคคเฅเคเฅ เคเคเคเฅ*
*เค เคเคฒเฅ เคนเคซเฅเคคเฅ เคคเฅเคเฅ เคเคเคเฅ*
*เค เคเคฒเฅ เคฎเคนเฅเคจเฅ เคคเฅเคเฅ เคเคเคเฅ*
*เค เคเคฒเฅ เคเฅเคตเคพเคเคฐ เคฎเฅ เคคเฅเคเฅ เคเคเคเฅ*
*เค เคเคฒเฅ เคธเคพเคฒ เคฎเฅ เคคเฅเคเฅ เคเคเคเฅ*
เคธเคพเคฐเฅ เคฎเฅเคนเคฐเฅเคค เคเค เคธเคพเคฅ เค เคฐเคนเฅ เคนเฅ เค เคฌ ๐ฅ๐ฅ
*เคธเฅเคฎเคตเคพเคฐ เคธเฅ เคคเฅเคเฅ เคเคเคเฅ*
*เค เคเคฒเฅ เคนเคซเฅเคคเฅ เคคเฅเคเฅ เคเคเคเฅ*
*เค เคเคฒเฅ เคฎเคนเฅเคจเฅ เคคเฅเคเฅ เคเคเคเฅ*
*เค เคเคฒเฅ เคเฅเคตเคพเคเคฐ เคฎเฅ เคคเฅเคเฅ เคเคเคเฅ*
*เค เคเคฒเฅ เคธเคพเคฒ เคฎเฅ เคคเฅเคเฅ เคเคเคเฅ*
เคธเคพเคฐเฅ เคฎเฅเคนเคฐเฅเคค เคเค เคธเคพเคฅ เค เคฐเคนเฅ เคนเฅ เค เคฌ ๐ฅ๐ฅ
๐1๐1
*News Headlines from Business News Agencies:*
*Business Standard*
๐ RBI extends Payments Infrastructure Development Fund scheme till 2025
๐ Automobile major M&M gets Rs 4.12 crore tax penalty; company to challenge
๐ OMCs hike procurement price of ethanol produced from C-heavy molasses
๐ Many Indian HNIs being asked by foreign banks to shut accounts: Report
๐ PhysicsWallah FY23 revenue up 3.4x, profitable for third consecutive year
๐ Registration of properties in Mumbai city may rise 33% in Dec: Report
๐ Former NITI Aayog VC Arvind Panagariya to lead 16th Finance Commission
๐ With localisation, electronics manufacturing to be $115 bn in 2024: Report
๐ Dec 2023 becomes highest funded month as startup investments cross $1.6 bn
๐ Exports to Australia see upward trend, owing to duty concessions under ECTA
๐ MICL Gr to invest Rs 50 cr for residential property redevelopment in Mumbai
๐ Microsoft rolls out Major Copilot update on Edge for Android, iOS
๐ Pharma lobby bats for drug approvals in India to align with global markets
*Economic Times*
๐ Reliance becomes first in India to use chemical recycling for circular polymers
๐ Indian steel demand boom to continue in FY24: Crisil
๐ Defence Secy inaugurates new design and test facility for Aero Engine R&D at HAL
๐ Major e-commerce trends that can reshape the industry in 2024
๐ Pine Labs FY23 revenue surges 56% to Rs 1,588 crore, losses dip marginally
๐ Gujarat's semiconductor policy drawing interest from Japanese, South Korean firms
๐ Nvidia launches new gaming chip for China to comply with US export controls
๐ Indian households' net financial savings falls to 5.1% in FY23 from 11.5% in FY21 as liabilities rise
๐ MG Motor India to introduce seven new models in India in 2 years
๐ India will continue buying Russian oil, says FM Nirmala Sitharaman
๐ Amazon Indiaโs logistics unit sees revenue fall marginally to Rs 4,543 crore
๐ Amazon Pay India FY23 revenue growth remains flat at Rs 2,093 crore, losses down 13%
*Mint*
๐ Govt raises interest rates on 2 small savings schemes by 10-20 bps for Jan-March
๐ Oil retailers raise procurement price of ethanol made from C-heavy molasses
๐ Swan Energy board approves โน4,000-crore fundraise, its second in three months
๐ GST Council gives extra time to tax officials for recovery of FY19, FY20 dues
๐ NBFCs gave most retail loans to buy vehicles and houses, reveals RBI data
๐ Domestic flows impel FPI investment in India to record high this year
๐ Toyota stresses on incentivizing hybrids to drive EV adoption
๐ Non-tech jobs gain edge; Oil firms clock 9% jump in hiring in Oct-Nov 2023
๐ Indian market placed well for long term: Nilesh Shah of Kotak Mahindra AMC
๐ Future security at risk as retirement saving slumps in 2023, reveals survey
๐ Morgan Stanley's straight-talking new CEO Ted Pick taking charge
๐ Waaree Energies files DHRP, includes fresh issue up to โน3000 crore and an OFS.
๐ Rice trade said to be affected by Red Sea crisis, says minister Goyal
*Business Standard*
๐ RBI extends Payments Infrastructure Development Fund scheme till 2025
๐ Automobile major M&M gets Rs 4.12 crore tax penalty; company to challenge
๐ OMCs hike procurement price of ethanol produced from C-heavy molasses
๐ Many Indian HNIs being asked by foreign banks to shut accounts: Report
๐ PhysicsWallah FY23 revenue up 3.4x, profitable for third consecutive year
๐ Registration of properties in Mumbai city may rise 33% in Dec: Report
๐ Former NITI Aayog VC Arvind Panagariya to lead 16th Finance Commission
๐ With localisation, electronics manufacturing to be $115 bn in 2024: Report
๐ Dec 2023 becomes highest funded month as startup investments cross $1.6 bn
๐ Exports to Australia see upward trend, owing to duty concessions under ECTA
๐ MICL Gr to invest Rs 50 cr for residential property redevelopment in Mumbai
๐ Microsoft rolls out Major Copilot update on Edge for Android, iOS
๐ Pharma lobby bats for drug approvals in India to align with global markets
*Economic Times*
๐ Reliance becomes first in India to use chemical recycling for circular polymers
๐ Indian steel demand boom to continue in FY24: Crisil
๐ Defence Secy inaugurates new design and test facility for Aero Engine R&D at HAL
๐ Major e-commerce trends that can reshape the industry in 2024
๐ Pine Labs FY23 revenue surges 56% to Rs 1,588 crore, losses dip marginally
๐ Gujarat's semiconductor policy drawing interest from Japanese, South Korean firms
๐ Nvidia launches new gaming chip for China to comply with US export controls
๐ Indian households' net financial savings falls to 5.1% in FY23 from 11.5% in FY21 as liabilities rise
๐ MG Motor India to introduce seven new models in India in 2 years
๐ India will continue buying Russian oil, says FM Nirmala Sitharaman
๐ Amazon Indiaโs logistics unit sees revenue fall marginally to Rs 4,543 crore
๐ Amazon Pay India FY23 revenue growth remains flat at Rs 2,093 crore, losses down 13%
*Mint*
๐ Govt raises interest rates on 2 small savings schemes by 10-20 bps for Jan-March
๐ Oil retailers raise procurement price of ethanol made from C-heavy molasses
๐ Swan Energy board approves โน4,000-crore fundraise, its second in three months
๐ GST Council gives extra time to tax officials for recovery of FY19, FY20 dues
๐ NBFCs gave most retail loans to buy vehicles and houses, reveals RBI data
๐ Domestic flows impel FPI investment in India to record high this year
๐ Toyota stresses on incentivizing hybrids to drive EV adoption
๐ Non-tech jobs gain edge; Oil firms clock 9% jump in hiring in Oct-Nov 2023
๐ Indian market placed well for long term: Nilesh Shah of Kotak Mahindra AMC
๐ Future security at risk as retirement saving slumps in 2023, reveals survey
๐ Morgan Stanley's straight-talking new CEO Ted Pick taking charge
๐ Waaree Energies files DHRP, includes fresh issue up to โน3000 crore and an OFS.
๐ Rice trade said to be affected by Red Sea crisis, says minister Goyal
*๐ฎ๐ณIndia Daybook โ Stocks in News*
*Grasim:* Company commissioned additional 1.23 lakh tons annual capacity of Advanced Materials manufacturing in Bharuch, Gujarat (Positive)
*Alkem:* Company sells St. Louis manufacturing facility in U.S. for $7.96 million. (Positive)
*SJVN:* Company secures Rs 10,000 crore construction finance facility from banks. (Positive)
*Torrent Power:* Company incorporates new subsidiary for generating electricity from renewable sources in Gujarat. (Positive)
*Aditya Birla Capital:* Sale of 50% stake in Aditya Birla Insurance Brokers to be completed by March 31, 2024 (Positive)
*ACC:* Company commissioned 1 MTPA cement manufacturing unit in Ametha, Madhya Pradesh (Positive)
*ISMT:* Long-term rating upgraded by ICRA to ICRA A+ (Stable). (Positive)
*HCC:* Long-term rating upgraded by ICRA to ICRA BB (Stable). (Positive)
*Spandana:* CRISIL has revised rating from โStableโ to โPositiveโ and reaffirmed rating (Positive)
*KPI Energy:* Company recommended 2:1 bonus issue for shareholders. (Positive)
*Royal Orchid Hotels:* Regenta and Royal Orchid Hotels to have 100 hotels by January, 2024 (Positive)
*Dhampur Bio:* Company has completed the sale of its share in the immovable
Property with consideration of Rs 20 crore (Positive)
*GPTINFRA:* Company declared L1 (First Lowest) in Order Valued at Rs. 267 Crore. (Positive)
*Karur Bank:* ICICI Prudential AMC and ICICI Prudential Life get RBI nod to acquire aggregate holding of up to 9.95% stake in Bank (Positive)
*City Union Bank:* ICICI Prudential AMC and ICICI Prudential Life get RBI nod to acquire aggregate holding of up to 9.95% stake in Bank (Positive)
*Godrej Properties:* Acquired a 4 acre land parcel in Bengaluru, having a developable potential of 0.7 million square feet saleable area through an outright purchase (Positive)
*Real Estate Stocks:* Mumbai's real estate soars to an 11-year high with over 1.27 lakh property registrations in 2023 (Positive)
*Aviation stocks:* ATF price cut to โน1.01 lk/kl from โน1.06 lk/kl in Delhi (Positive)
*Indostar Capital:* Sells a portion of its SME loan portfolio to Encore Asset Reconstruction Company aggregating to a principal outstanding of โน292 crore. (Positive)
*Innova Captab:* Canara Robeco Mutual Fund, Invesco Mutual Fund buyers in the stock on listing day via bulk deals. (Positive)
*PVR Inox:* Nippon Life India Trustee has picked up 2 lakh equity shares, equivalent to 0.2% of paid-up equity (Positive)
*Larsen and Toubro:* Company wins civil works tender for Bengaluru suburban rail project. (Positive)
*Dr Reddy's:* Company acquires 6.46% stake in Edity Therapeutics for $2 million. (Neutral)
*Bank of Baroda:* Bank ups fixed deposits rates for various tenors by up to 125 bps. (Neutral)
*Nippon Life:* CFO Prateek Jain tenders resignation citing personal reasons. (Neutral)
*Mahindra & Mahindra:* Company gets Rs 4.12 crore tax penalty; company to challenge. (Neutral)
*Torrent Power:* India Ratings Assigns Companyโs NCDs โIND AA+โ/Stable; Affirms CPs at โIND A1+โ (Neutral)
*SBI Cards:* Shareholders have approved an appointment of Nitin Chugh as Nominee Director on the board of the company (Neutral)
*Bank of Baroda:* Raises Interest Rates on retail term deposits for various tenors by up to 125 bps (Neutral)
*Steel Companies:* April-November finished steel output at 89.7 million tonnes, up 14.3% year-on-year. (Neutral)
*PNB:* Bank raises one year MCLR to 8.70% from 8.65% effective from January 01 (Neutral)
*Container Corp:* Order received by the Company under the CGST Act, 2017, demanding tax and penalty of Rs 65.0 crore.
*Macrotech:* Order received from Deputy Commissioner of State Tax, Mumbai, demanding tax and penalty of Rs 91.0 crore.
*Vedanta:* Company has received two orders worth โน48.82 crore, along with applicable interest and penalty of 10% of GST demand.
*Dalmia Bharat:* Dalmia Cement has received a GST demand order from the State Tax Officer, Lalgudi, Tamil Nadu, of โน62.38 crore.
*Grasim:* Company commissioned additional 1.23 lakh tons annual capacity of Advanced Materials manufacturing in Bharuch, Gujarat (Positive)
*Alkem:* Company sells St. Louis manufacturing facility in U.S. for $7.96 million. (Positive)
*SJVN:* Company secures Rs 10,000 crore construction finance facility from banks. (Positive)
*Torrent Power:* Company incorporates new subsidiary for generating electricity from renewable sources in Gujarat. (Positive)
*Aditya Birla Capital:* Sale of 50% stake in Aditya Birla Insurance Brokers to be completed by March 31, 2024 (Positive)
*ACC:* Company commissioned 1 MTPA cement manufacturing unit in Ametha, Madhya Pradesh (Positive)
*ISMT:* Long-term rating upgraded by ICRA to ICRA A+ (Stable). (Positive)
*HCC:* Long-term rating upgraded by ICRA to ICRA BB (Stable). (Positive)
*Spandana:* CRISIL has revised rating from โStableโ to โPositiveโ and reaffirmed rating (Positive)
*KPI Energy:* Company recommended 2:1 bonus issue for shareholders. (Positive)
*Royal Orchid Hotels:* Regenta and Royal Orchid Hotels to have 100 hotels by January, 2024 (Positive)
*Dhampur Bio:* Company has completed the sale of its share in the immovable
Property with consideration of Rs 20 crore (Positive)
*GPTINFRA:* Company declared L1 (First Lowest) in Order Valued at Rs. 267 Crore. (Positive)
*Karur Bank:* ICICI Prudential AMC and ICICI Prudential Life get RBI nod to acquire aggregate holding of up to 9.95% stake in Bank (Positive)
*City Union Bank:* ICICI Prudential AMC and ICICI Prudential Life get RBI nod to acquire aggregate holding of up to 9.95% stake in Bank (Positive)
*Godrej Properties:* Acquired a 4 acre land parcel in Bengaluru, having a developable potential of 0.7 million square feet saleable area through an outright purchase (Positive)
*Real Estate Stocks:* Mumbai's real estate soars to an 11-year high with over 1.27 lakh property registrations in 2023 (Positive)
*Aviation stocks:* ATF price cut to โน1.01 lk/kl from โน1.06 lk/kl in Delhi (Positive)
*Indostar Capital:* Sells a portion of its SME loan portfolio to Encore Asset Reconstruction Company aggregating to a principal outstanding of โน292 crore. (Positive)
*Innova Captab:* Canara Robeco Mutual Fund, Invesco Mutual Fund buyers in the stock on listing day via bulk deals. (Positive)
*PVR Inox:* Nippon Life India Trustee has picked up 2 lakh equity shares, equivalent to 0.2% of paid-up equity (Positive)
*Larsen and Toubro:* Company wins civil works tender for Bengaluru suburban rail project. (Positive)
*Dr Reddy's:* Company acquires 6.46% stake in Edity Therapeutics for $2 million. (Neutral)
*Bank of Baroda:* Bank ups fixed deposits rates for various tenors by up to 125 bps. (Neutral)
*Nippon Life:* CFO Prateek Jain tenders resignation citing personal reasons. (Neutral)
*Mahindra & Mahindra:* Company gets Rs 4.12 crore tax penalty; company to challenge. (Neutral)
*Torrent Power:* India Ratings Assigns Companyโs NCDs โIND AA+โ/Stable; Affirms CPs at โIND A1+โ (Neutral)
*SBI Cards:* Shareholders have approved an appointment of Nitin Chugh as Nominee Director on the board of the company (Neutral)
*Bank of Baroda:* Raises Interest Rates on retail term deposits for various tenors by up to 125 bps (Neutral)
*Steel Companies:* April-November finished steel output at 89.7 million tonnes, up 14.3% year-on-year. (Neutral)
*PNB:* Bank raises one year MCLR to 8.70% from 8.65% effective from January 01 (Neutral)
*Container Corp:* Order received by the Company under the CGST Act, 2017, demanding tax and penalty of Rs 65.0 crore.
*Macrotech:* Order received from Deputy Commissioner of State Tax, Mumbai, demanding tax and penalty of Rs 91.0 crore.
*Vedanta:* Company has received two orders worth โน48.82 crore, along with applicable interest and penalty of 10% of GST demand.
*Dalmia Bharat:* Dalmia Cement has received a GST demand order from the State Tax Officer, Lalgudi, Tamil Nadu, of โน62.38 crore.
๐1
Media is too big
VIEW IN TELEGRAM
Winning v/s loosing Mindset.
T.me/AlliesFin
T.me/AlliesFin
INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 01-01-2024 :
T.me/AlliesFin
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +18458* ๐
*INDEX FUT. : -285*
*INDEX OPT. : +21175*
*STOCK FUT. : -1315*
*STOCK OPT. -1116*
*SEC. IN F&O BAN FOR, 02-JAN-24 :*
*1. HINDCOPPER 2. BALRAMCHIN*
*ADDITION : BALRAMCHIN*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 01-JAN-2024 :*
*FIIS : SELL -856 (1,311-2,167)* ๐ฉ
*DIIS : BUY +410 (7,004-6,694)* ๐
*BSE SENSEX : +32 (72,272)๐ผ*
*NSE NIFTY : +10 (21,742)*๐ผ
*BSE MIDCAP. : +197 (37,036)*๐ผ
*BSE SMLCAP. : +313 (42,986)*๐ผ
*B. CRUDE : $ 77.04* ๐ฝ ๐
*GOLD: $ 2,062=INR 65,100(10gr)*โ๏ธ ๐ณ
*SILVER : RS. 78,900 (kg)(5pm)*๐ผ๐
*FOREX : RS. $ 83.24 ๐ฝ โบ๏ธ*
*7.18%NEW '33: 7.1969%(99.8725)๐ผโบ๏ธ*
*7.18%GOI '37: 7.3217% (98.7875)๐ฝ๐ฉ*
T.me/AlliesFin
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +18458* ๐
*INDEX FUT. : -285*
*INDEX OPT. : +21175*
*STOCK FUT. : -1315*
*STOCK OPT. -1116*
*SEC. IN F&O BAN FOR, 02-JAN-24 :*
*1. HINDCOPPER 2. BALRAMCHIN*
*ADDITION : BALRAMCHIN*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 01-JAN-2024 :*
*FIIS : SELL -856 (1,311-2,167)* ๐ฉ
*DIIS : BUY +410 (7,004-6,694)* ๐
*BSE SENSEX : +32 (72,272)๐ผ*
*NSE NIFTY : +10 (21,742)*๐ผ
*BSE MIDCAP. : +197 (37,036)*๐ผ
*BSE SMLCAP. : +313 (42,986)*๐ผ
*B. CRUDE : $ 77.04* ๐ฝ ๐
*GOLD: $ 2,062=INR 65,100(10gr)*โ๏ธ ๐ณ
*SILVER : RS. 78,900 (kg)(5pm)*๐ผ๐
*FOREX : RS. $ 83.24 ๐ฝ โบ๏ธ*
*7.18%NEW '33: 7.1969%(99.8725)๐ผโบ๏ธ*
*7.18%GOI '37: 7.3217% (98.7875)๐ฝ๐ฉ*
Major Index Monthly performance 2023 @AlliesFin
*GIFT Nifty +36 pts (21866) from last trade 21830 ,*
Nikkei clsd ,
Hangseng +88 pts ,
US Mkt Clsd, Crude @ $72.01 brl (+0.36), Brent @ $77.08 brl (-0.07) , Gold @ 2074.4 (+2.60), Silver $24.075 (-0.01), Euro @ $1.1036, JPY @ $140.88, INR @ 83.235
*Today's Corporate Action*
*2nd Jan Ex Date*
ALLCARGO LOGISTICS LTD
Bonus issue 3:1
Bhanderi Infracon Ltd
E.G.M
La Tim Metal & Industries Ltd
Right Issue of Equity Shares
REGENCY CERAMICS LTD
E.G.M
*Today's Key Results/Board Meetings*
*2-Jan-24*
EASEMYTRIP
Preferential Issue of shares;Issue Of Warrants
PARMSILK
General
RAJATH
General
WARDWIZFBL
Preferential Issue of shares;General
*Stock under F&O ban on NSE*
*02-Jan-24*
1 BALRAMCHIN
2 HINDCOPPER
Nikkei clsd ,
Hangseng +88 pts ,
US Mkt Clsd, Crude @ $72.01 brl (+0.36), Brent @ $77.08 brl (-0.07) , Gold @ 2074.4 (+2.60), Silver $24.075 (-0.01), Euro @ $1.1036, JPY @ $140.88, INR @ 83.235
*Today's Corporate Action*
*2nd Jan Ex Date*
ALLCARGO LOGISTICS LTD
Bonus issue 3:1
Bhanderi Infracon Ltd
E.G.M
La Tim Metal & Industries Ltd
Right Issue of Equity Shares
REGENCY CERAMICS LTD
E.G.M
*Today's Key Results/Board Meetings*
*2-Jan-24*
EASEMYTRIP
Preferential Issue of shares;Issue Of Warrants
PARMSILK
General
RAJATH
General
WARDWIZFBL
Preferential Issue of shares;General
*Stock under F&O ban on NSE*
*02-Jan-24*
1 BALRAMCHIN
2 HINDCOPPER
*Economic Times*
๐ DGCA issues 1,622 commercial pilot licences in 2023, highest in a decade
๐ India's power consumption dips marginally by 2.3 pc to 119.07 billion units in Dec
๐ Dhanlaxmi Bank reports growth at 12% yoy; deposits up by 10.6%
๐ Diffusion Engineers files IPO papers with Sebi
๐ Centre's FY25 interest outgo may rise 11 to 12% from ongoing FY24
๐ Record 8.18 crore Income tax returns filed till December 2023
๐ Govt extends tenure of PLI scheme for Auto industry by a year with partial amendments
๐ ONGC seeks partners to cut gas flaring, zero methane emission by 2030
๐ Investments in alternative realty surge to $418.7 million in Q4 of 2023
๐ Isro launches Indiaโs first dedicated polarimetry mission
*Business Standard*
๐ HFCL bags Rs 1,127 cr order to transform BSNL's optical transport network
๐ Ashok Vaswani takes charge as Kotak Mahindra Bank MD & CEO from January 1
๐ UltraTech Cement Q3 sales up 6% to 27.3 MT, overseas production up 20%
๐ Zomato increases platform fee to Rs 4 from Rs 3 in select markets
๐ JK Tyre successfully raises Rs. 500 cr through QIP for growth initiatives
๐ Karur Vysya Bank biz grows at 14.74% to stand at Rs 1.58 trn for Q3FY24
๐ ATF price cut by 4%; commercial LPG rate down Rs 1.5 per cylinder
๐ Nearly 97% Rs 2,000 notes returned, Rs 9,330 cr still with public: RBI
๐ UPI scales new high in December; 2023 value up 59% at Rs 183 trn
๐ GST receipts decline to three-month low but hold on to Rs 1.65 trn in Dec
๐ Women's life insurance share rises to 34.2% in 2022-23: IRDAI report
๐ Record buyback of Rs 47,810 cr by 48 firms in 2023, highest in 6 yrs
๐ Mutual funds' equity buys hit Rs 1.7 trn in 2023, defying market swing
*Financial Express*
๐ Zepto on track for $1 billion run rate in annual sales value
๐ Coal production target for FY25 is set at 850 MT
๐ Centreโs dividends from CPSEs exceed FY24 budget target
๐ Indiaโs food imports at $33 billion in 2023, down 10% on year
๐ Govt relaxes norms governing public expenditure exceeding Rs 500 cr for Q4
๐ Rupee falls 6 paise to close at 83.22 against US dollar
*Mint*
๐ RBI issues guidelines on bank classification of unclaimed deposits
๐ 21 earthquakes in Japan trigger tsunami; N Korea, Russia on high alert
๐ India's mineral production up 13.1% in October 2023
๐ North Eastern Development Finance Corp sanctions โน766 crore for 5,338 projects
๐ Tata Motors' December domestic sales rise 4% to 76,138 units
๐ Capex mood sees revival in Q3, led by private sector: CMIE data
๐ India, Pakistan exchange list of nuclear installations under 1988 bilateral pact
๐ Esconet Technologies files DRHP with SEBI for NSE SME listing
๐ India to expand defence ties with Tanzania to boost presence in Indian Ocean.
๐ DGCA issues 1,622 commercial pilot licences in 2023, highest in a decade
๐ India's power consumption dips marginally by 2.3 pc to 119.07 billion units in Dec
๐ Dhanlaxmi Bank reports growth at 12% yoy; deposits up by 10.6%
๐ Diffusion Engineers files IPO papers with Sebi
๐ Centre's FY25 interest outgo may rise 11 to 12% from ongoing FY24
๐ Record 8.18 crore Income tax returns filed till December 2023
๐ Govt extends tenure of PLI scheme for Auto industry by a year with partial amendments
๐ ONGC seeks partners to cut gas flaring, zero methane emission by 2030
๐ Investments in alternative realty surge to $418.7 million in Q4 of 2023
๐ Isro launches Indiaโs first dedicated polarimetry mission
*Business Standard*
๐ HFCL bags Rs 1,127 cr order to transform BSNL's optical transport network
๐ Ashok Vaswani takes charge as Kotak Mahindra Bank MD & CEO from January 1
๐ UltraTech Cement Q3 sales up 6% to 27.3 MT, overseas production up 20%
๐ Zomato increases platform fee to Rs 4 from Rs 3 in select markets
๐ JK Tyre successfully raises Rs. 500 cr through QIP for growth initiatives
๐ Karur Vysya Bank biz grows at 14.74% to stand at Rs 1.58 trn for Q3FY24
๐ ATF price cut by 4%; commercial LPG rate down Rs 1.5 per cylinder
๐ Nearly 97% Rs 2,000 notes returned, Rs 9,330 cr still with public: RBI
๐ UPI scales new high in December; 2023 value up 59% at Rs 183 trn
๐ GST receipts decline to three-month low but hold on to Rs 1.65 trn in Dec
๐ Women's life insurance share rises to 34.2% in 2022-23: IRDAI report
๐ Record buyback of Rs 47,810 cr by 48 firms in 2023, highest in 6 yrs
๐ Mutual funds' equity buys hit Rs 1.7 trn in 2023, defying market swing
*Financial Express*
๐ Zepto on track for $1 billion run rate in annual sales value
๐ Coal production target for FY25 is set at 850 MT
๐ Centreโs dividends from CPSEs exceed FY24 budget target
๐ Indiaโs food imports at $33 billion in 2023, down 10% on year
๐ Govt relaxes norms governing public expenditure exceeding Rs 500 cr for Q4
๐ Rupee falls 6 paise to close at 83.22 against US dollar
*Mint*
๐ RBI issues guidelines on bank classification of unclaimed deposits
๐ 21 earthquakes in Japan trigger tsunami; N Korea, Russia on high alert
๐ India's mineral production up 13.1% in October 2023
๐ North Eastern Development Finance Corp sanctions โน766 crore for 5,338 projects
๐ Tata Motors' December domestic sales rise 4% to 76,138 units
๐ Capex mood sees revival in Q3, led by private sector: CMIE data
๐ India, Pakistan exchange list of nuclear installations under 1988 bilateral pact
๐ Esconet Technologies files DRHP with SEBI for NSE SME listing
๐ India to expand defence ties with Tanzania to boost presence in Indian Ocean.
Forwarded from Aapka Saarthi @STOCKARTHi Make Money Work For You !!!
SPOT NIFTY DAILY CHART.
MULTIPLE TOP AROUND 21800 LEVELS.
UNTIL THIS TOP TAKEN OUT SAME VIEWS CONTD...
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MULTIPLE TOP AROUND 21800 LEVELS.
UNTIL THIS TOP TAKEN OUT SAME VIEWS CONTD...
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๐2
2/1/2024
@AlliesFin
BSE:-379(71892)
NSE:-76(21665)
B.NIFTY:-472(47761)
MID:-29(37007)
SML:-12(42972)
FII|FPI:+1602Cr
DII:-1959Cr
B.Crude: 78
Gold$:2069=INR: 63379
Silver: 74560
$/Rs: 83.32
7.18 : 2033 G-Sec: 7.21
NSE PE: 23.10
T.me/AlliesFin
@AlliesFin
BSE:-379(71892)
NSE:-76(21665)
B.NIFTY:-472(47761)
MID:-29(37007)
SML:-12(42972)
FII|FPI:+1602Cr
DII:-1959Cr
B.Crude: 78
Gold$:2069=INR: 63379
Silver: 74560
$/Rs: 83.32
7.18 : 2033 G-Sec: 7.21
NSE PE: 23.10
T.me/AlliesFin
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INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 02-01-2024 :
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -36006* ๐ญ๐ญ
*INDEX FUT. : -395*
*INDEX OPT. : -35485*
*STOCK FUT. : +287*
*STOCK OPT. : -413*
*SEC. IN F&O BAN FOR, 03-JAN-24 :*
*1. HINDCOPPER 2. BALRAMCHIN 3. DELTACROP 4. IEX 5. SAIL 6. ZEEL*
*ADDITION : DELTACORP, IEX, SAIL, ZEEL*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 02-JAN-2024 :*
*FIIS : BUY +1,602 (10,200-8,598)*
*DIIS : SELL -1,959 (8,695-10,654)*
*BSE SENSEX : -379 (71,892)๐ฝ*
*NSE NIFTY : -76 (21,666)*๐ฝ
*BSE MIDCAP. : -29 (37,007)*๐ฝ
*BSE SMLCAP. : -12 (42,974)*๐ฝ
*B. CRUDE : $ 77.25* ๐ผ โบ๏ธ
*GOLD: $ 2,068=INR 65,450(10gr)*โ๏ธ๐ณ
*SILVER : RS. 79,200 (kg)(5pm)*๐ผ๐
*FOREX : RS. $ 83.31 ๐ฝ โบ๏ธ*
*7.18%NEW '33: 7.2105%(99.78)๐ผโบ๏ธ*
*7.18%GOI '37: 7.3345% (98.68)๐ฝโบ๏ธ*
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -36006* ๐ญ๐ญ
*INDEX FUT. : -395*
*INDEX OPT. : -35485*
*STOCK FUT. : +287*
*STOCK OPT. : -413*
*SEC. IN F&O BAN FOR, 03-JAN-24 :*
*1. HINDCOPPER 2. BALRAMCHIN 3. DELTACROP 4. IEX 5. SAIL 6. ZEEL*
*ADDITION : DELTACORP, IEX, SAIL, ZEEL*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 02-JAN-2024 :*
*FIIS : BUY +1,602 (10,200-8,598)*
*DIIS : SELL -1,959 (8,695-10,654)*
*BSE SENSEX : -379 (71,892)๐ฝ*
*NSE NIFTY : -76 (21,666)*๐ฝ
*BSE MIDCAP. : -29 (37,007)*๐ฝ
*BSE SMLCAP. : -12 (42,974)*๐ฝ
*B. CRUDE : $ 77.25* ๐ผ โบ๏ธ
*GOLD: $ 2,068=INR 65,450(10gr)*โ๏ธ๐ณ
*SILVER : RS. 79,200 (kg)(5pm)*๐ผ๐
*FOREX : RS. $ 83.31 ๐ฝ โบ๏ธ*
*7.18%NEW '33: 7.2105%(99.78)๐ผโบ๏ธ*
*7.18%GOI '37: 7.3345% (98.68)๐ฝโบ๏ธ*
๐ฎ๐ณIndia Daybook Stocks in News
*Coal India:* Companyโs supplies at an all-time high volume of 98 million tonnes (mts) to non-regulated sector (NRS) till Dec FY24 (Positive)
*RVNL:* Rail Vikas JV received LOA for Rs 123 cr order to redevelop Varkala Sivagiri railway station (Positive)
Avenue Supermarts:* Double-digit growth in revenue for the third quarter of the current financial year, with the topline growing 17.2% year-on-year (YoY). (Positive)
*VST IND:* Radhakishan Damani buys 2.22 lac shares in VST Industries. (Positive)
*Bank of Maharashtra:* Q3 Total business at Rs 4.35 lk cr Vs Rs 3.66 lk cr, up 19% YoY (Positive)
*Hindustan Zinc:* 3QFY24 mined metal production at 271kt, up 7% YoY (Positive)
*Birlasoft:* Company appoints Manjunath Kygonahally as the CEO for Rest of the World (ROW) region (Positive)
*Affle:* Company to buy 9.03% stake in Explurger for Rs 37.3 crore. (Positive)
*Gujarat Alkalies:* Company signs initial pact with Vedanta Aluminium for exploring opportunities in areas of caustic-chlorine, other allied businesses. (Positive)
*Sun Pharma:* Company acquires Israel's Libra Merger. (Positive)
*Strides Pharma:* Amansa Holding picked Rs 119.87 crore shares in Strides Pharma Science (Positive)
*Easy Trip Planners:* Company is planning to raise up to โน1,000 crore through a preferential issue. (Neutral)
*Hero Motocorp:* December vehicle sales at 3.93 lk units versus estimates of 3.95 lk units. (Neutral)
*Tata Motors:* Company supplied 100 electric buses to Assam State Transport Corporation. (Neutral)
*NATCO Pharma:* Company completes transition of DASH Pharmaceuticals into Natco Pharma U.S.A (Neutral)
*Jubilant Food:* Company to acquire 6.32% stake in O2 Renewable for buying of up to 4.51 MW renewable power (Neutral)
* Vedanta:* Companyโs unit BALCO gets tax demand worth Rs 23 crore. (Neutral)
*LIC:* Company gets GST demand including penalty of Rs 117 cr for FY18 (Neutral)
*Adani Group Stocks:* Supreme Court to pronounce judgment tomorrow on the petitions seeking independent probe into Adani-Hindenburg issue. (Neutral)
*Muthoot Finance:* Company to raise up to Rs 1,000 crore through public issue of secured (Neutral)
*Exide Industries:* Company raises corporate guarantee to subsidiary by Rs 1,000 crore. (Neutral)
*Hindustan Unilever:* Media sources said that tensions soar between Hindustan Unilever and its distributors over a recent margin payout proposal.
*Shyam Metalics:* Company launched QIP, Indicative price at Rs576 per share; discount of 10.4% to closing price
*Coal India:* Companyโs supplies at an all-time high volume of 98 million tonnes (mts) to non-regulated sector (NRS) till Dec FY24 (Positive)
*RVNL:* Rail Vikas JV received LOA for Rs 123 cr order to redevelop Varkala Sivagiri railway station (Positive)
Avenue Supermarts:* Double-digit growth in revenue for the third quarter of the current financial year, with the topline growing 17.2% year-on-year (YoY). (Positive)
*VST IND:* Radhakishan Damani buys 2.22 lac shares in VST Industries. (Positive)
*Bank of Maharashtra:* Q3 Total business at Rs 4.35 lk cr Vs Rs 3.66 lk cr, up 19% YoY (Positive)
*Hindustan Zinc:* 3QFY24 mined metal production at 271kt, up 7% YoY (Positive)
*Birlasoft:* Company appoints Manjunath Kygonahally as the CEO for Rest of the World (ROW) region (Positive)
*Affle:* Company to buy 9.03% stake in Explurger for Rs 37.3 crore. (Positive)
*Gujarat Alkalies:* Company signs initial pact with Vedanta Aluminium for exploring opportunities in areas of caustic-chlorine, other allied businesses. (Positive)
*Sun Pharma:* Company acquires Israel's Libra Merger. (Positive)
*Strides Pharma:* Amansa Holding picked Rs 119.87 crore shares in Strides Pharma Science (Positive)
*Easy Trip Planners:* Company is planning to raise up to โน1,000 crore through a preferential issue. (Neutral)
*Hero Motocorp:* December vehicle sales at 3.93 lk units versus estimates of 3.95 lk units. (Neutral)
*Tata Motors:* Company supplied 100 electric buses to Assam State Transport Corporation. (Neutral)
*NATCO Pharma:* Company completes transition of DASH Pharmaceuticals into Natco Pharma U.S.A (Neutral)
*Jubilant Food:* Company to acquire 6.32% stake in O2 Renewable for buying of up to 4.51 MW renewable power (Neutral)
* Vedanta:* Companyโs unit BALCO gets tax demand worth Rs 23 crore. (Neutral)
*LIC:* Company gets GST demand including penalty of Rs 117 cr for FY18 (Neutral)
*Adani Group Stocks:* Supreme Court to pronounce judgment tomorrow on the petitions seeking independent probe into Adani-Hindenburg issue. (Neutral)
*Muthoot Finance:* Company to raise up to Rs 1,000 crore through public issue of secured (Neutral)
*Exide Industries:* Company raises corporate guarantee to subsidiary by Rs 1,000 crore. (Neutral)
*Hindustan Unilever:* Media sources said that tensions soar between Hindustan Unilever and its distributors over a recent margin payout proposal.
*Shyam Metalics:* Company launched QIP, Indicative price at Rs576 per share; discount of 10.4% to closing price
*Business Standard :*
๐ Russian crude oil cargoes head away from India amid payment issues
๐ Not in talks with Musk's Starlink for a tie-up, says Vodafone India
๐ Goldman Sachs sees current account deficit falling to 1% of GDP this fiscal
๐ Skincare brand Nivea India appoints Geetika Mehta as managing director
๐ Vedanta Resources faces investor reckoning over $3.2 billion of bonds
๐ Disney's Mickey Mouse enters public domain as 95-year-old copyright expires
๐ India fastest growing premium smartphone market globally in 2023: Report
๐ India launches a single-window portal for medical devices management
๐ SAIL enters into fresh tie-up with Chennai-based Ram Charan Company
๐ Metros in India have less than 50% projected ridership, says IIT-D report
๐ Godrej Properties buys 4-acre land parcel in North-West Bengaluru
๐ ICICI Venture to sell its entire 42% stake in patisserie chain Theobroma
*Economic Times :*
๐ India's Oct-Dec sugar output dips 7.7 pc to 112 lakh tons: NFCSF
๐ India dials Saudi as Russian oil purchases hit 11-month low in December
๐ Everyone wants to do an FTA with India: GTRI report
๐ Rakesh Deshmukh steps down as CEO of PhonePe-owned Indus Appstore
๐ BHEL making India self-reliant in energy, infra; contributing to defence, space sector: Heavy industries minister
๐ EaseMyTrip board approves proposal to raise funds of upto Rs 1000 crore
๐ Tech rally in India faces earnings test as growth worries linger
๐ BDR Pharmaceuticals introduces prostate cancer treatment drug in oral solution form
๐ Thailand cuts tax on booze and night clubs to boost tourism
๐ Rays Power Infra IPO: Mumbai-based solar EPC Company files DRHP
๐ PPFAS Mutual Fund launches Instant Access Facility in liquid fund
๐ Ansa Folding Carton acquires stake in Rich Printers for Rs 117 cr
*Mint :*
๐ Govt hikes windfall tax on crude oil to โน2,300 per ton
๐ UPI transactions hit a new record with โน18.23 lakh crore in Dec; 54% higher
๐ Gwanggu Lee succeeds Tae Jin Park as Kia India's MD and CEO
๐ Tata Mutual Fund launches Tata Gold Exchange Traded Fund
๐ 8.18 crore ITRs! A record number of income tax returns filed till Dec 31
๐ Adani Ports December cargo volumes up 42% YoY to 35.65 mt, raises FY24 guidance
๐ Billionaire promoters in India Inc hit record high of 152 in 2023: Report
๐ Weak rural demand to dent FMCG sector volumes in Q3FY24, says Nuvama
๐ HUL hit with โน447.5 crore GST demands and penalties
๐ Netherlands Blocks ASML Exports of Some Chip-Making Equipment to China
๐ RBI issues guidelines on bank classification of unclaimed deposits
๐ Mahindra EPC Irrigation gets 4 contracts for supply of Micro Irrigation Systems
๐ Russian crude oil cargoes head away from India amid payment issues
๐ Not in talks with Musk's Starlink for a tie-up, says Vodafone India
๐ Goldman Sachs sees current account deficit falling to 1% of GDP this fiscal
๐ Skincare brand Nivea India appoints Geetika Mehta as managing director
๐ Vedanta Resources faces investor reckoning over $3.2 billion of bonds
๐ Disney's Mickey Mouse enters public domain as 95-year-old copyright expires
๐ India fastest growing premium smartphone market globally in 2023: Report
๐ India launches a single-window portal for medical devices management
๐ SAIL enters into fresh tie-up with Chennai-based Ram Charan Company
๐ Metros in India have less than 50% projected ridership, says IIT-D report
๐ Godrej Properties buys 4-acre land parcel in North-West Bengaluru
๐ ICICI Venture to sell its entire 42% stake in patisserie chain Theobroma
*Economic Times :*
๐ India's Oct-Dec sugar output dips 7.7 pc to 112 lakh tons: NFCSF
๐ India dials Saudi as Russian oil purchases hit 11-month low in December
๐ Everyone wants to do an FTA with India: GTRI report
๐ Rakesh Deshmukh steps down as CEO of PhonePe-owned Indus Appstore
๐ BHEL making India self-reliant in energy, infra; contributing to defence, space sector: Heavy industries minister
๐ EaseMyTrip board approves proposal to raise funds of upto Rs 1000 crore
๐ Tech rally in India faces earnings test as growth worries linger
๐ BDR Pharmaceuticals introduces prostate cancer treatment drug in oral solution form
๐ Thailand cuts tax on booze and night clubs to boost tourism
๐ Rays Power Infra IPO: Mumbai-based solar EPC Company files DRHP
๐ PPFAS Mutual Fund launches Instant Access Facility in liquid fund
๐ Ansa Folding Carton acquires stake in Rich Printers for Rs 117 cr
*Mint :*
๐ Govt hikes windfall tax on crude oil to โน2,300 per ton
๐ UPI transactions hit a new record with โน18.23 lakh crore in Dec; 54% higher
๐ Gwanggu Lee succeeds Tae Jin Park as Kia India's MD and CEO
๐ Tata Mutual Fund launches Tata Gold Exchange Traded Fund
๐ 8.18 crore ITRs! A record number of income tax returns filed till Dec 31
๐ Adani Ports December cargo volumes up 42% YoY to 35.65 mt, raises FY24 guidance
๐ Billionaire promoters in India Inc hit record high of 152 in 2023: Report
๐ Weak rural demand to dent FMCG sector volumes in Q3FY24, says Nuvama
๐ HUL hit with โน447.5 crore GST demands and penalties
๐ Netherlands Blocks ASML Exports of Some Chip-Making Equipment to China
๐ RBI issues guidelines on bank classification of unclaimed deposits
๐ Mahindra EPC Irrigation gets 4 contracts for supply of Micro Irrigation Systems
*GIFT Nifty -75 pts (21679) from last trade 21754 ,*
Nikkei clsd ,
Hangseng -164 pts ,
Now @6.53am .
Dow +25.50 pts ,Nsdq -245.41 pts, S&P
-27.00 pts , Bovespa -1488 pts , Ftse -11 pts , Dax +17 pts , Cac -12 pts , Crude @ $70.46 brl (+0.08), Brent @ $76.04 brl (-1.00) , Gold @ 2068.0 (-5.40), Silver $23.88 (-0.07), Euro @ $1.0941, JPY @ $142.11, INR @ 83.25
*Today's Corporate Action*
*3rd Jan Ex Date*
INDIAN LINK CHAIN MANUFACTURES LTD.
Stock Split From Rs.100/- to Rs.10
*Today's Key Results/Board Meetings*
*03-Jan-24*
ADANIPORTS
General
ADTYFRG
General
DHAMPURSUG
Buy Back of Shares
EXHICON
Preferential Issue of shares;Issue Of Warrants
FOODSIN
General
INDITALIA
General
PRISMX
General
PTCIL
General
SHAH
General
SHARDUL
Voluntary Delisting of Shares
CORF
Preferential Issue of shares;
General;Increase in Authorised Capital
SUKHJIT
Interim Dividend
TCCServices
Preferential Issue of shares;General03 Jan
*Stock under F&O ban on NSE*
*03-Jan-24*
1 BALRAMCHIN
2 DELTACORP
3 HINDCOPPER
4 IEX
5 SAIL
6 ZEEL
Nikkei clsd ,
Hangseng -164 pts ,
Now @6.53am .
Dow +25.50 pts ,Nsdq -245.41 pts, S&P
-27.00 pts , Bovespa -1488 pts , Ftse -11 pts , Dax +17 pts , Cac -12 pts , Crude @ $70.46 brl (+0.08), Brent @ $76.04 brl (-1.00) , Gold @ 2068.0 (-5.40), Silver $23.88 (-0.07), Euro @ $1.0941, JPY @ $142.11, INR @ 83.25
*Today's Corporate Action*
*3rd Jan Ex Date*
INDIAN LINK CHAIN MANUFACTURES LTD.
Stock Split From Rs.100/- to Rs.10
*Today's Key Results/Board Meetings*
*03-Jan-24*
ADANIPORTS
General
ADTYFRG
General
DHAMPURSUG
Buy Back of Shares
EXHICON
Preferential Issue of shares;Issue Of Warrants
FOODSIN
General
INDITALIA
General
PRISMX
General
PTCIL
General
SHAH
General
SHARDUL
Voluntary Delisting of Shares
CORF
Preferential Issue of shares;
General;Increase in Authorised Capital
SUKHJIT
Interim Dividend
TCCServices
Preferential Issue of shares;General03 Jan
*Stock under F&O ban on NSE*
*03-Jan-24*
1 BALRAMCHIN
2 DELTACORP
3 HINDCOPPER
4 IEX
5 SAIL
6 ZEEL