US 2-Year bond yield rise to 3.466%, the highest since end-2007.

Dollar Index hit 109.30, the first time since Oct. 2002. 🇺🇸

RELIANCE AGM LINK

https://www.youtube.com/watch?v=TS8FYk5RhlY

*SGX Nifty +54 pts (17438) from last trade 17384 ,*


Nikkei +274 pts ,
Hangseng +40 pts ,
Now @6.52am .


Dow -184.41 pts ,Nsdq -124.04 pts, S&P
-27.05 pts, Bovespa +24 pts , Ftse Clsd , Dax -78 pts , Cac -51 pts , Nikkei +219 pts now , Crude @ $96.78 brl (-0.23), Brent @ $105.09 brl (-0.00) , Gold @ 1749.30 (-0.40), Silver @ $18.64 (-0.03), Euro @ $0.9998, JPY @ $138.68,  INR @ 79.94





*Today's Corporate Action*
*30th Aug Ex Date*



AARTECH
Dividend - Rs. - 0.5000
BENARAS
Final Dividend - Rs. - 10.0000
BENGALASM
Final Dividend - Rs. - 15.0000
BNALTD
Final Dividend - Rs. - 2.0000
GENUSPOWER
Dividend - Rs. - 0.2500
HEIDELBERG
Dividend - Rs. - 9.0000
JK AGRI
Dividend - Rs. - 1.5000
KAKATCEM
Dividend - Rs. - 3.0000
LAMBODHARA
Dividend - Rs. - 1.5000
MANYAVAR
Final Dividend - Rs. - 5.0000
TAMBOLI
Dividend - Rs. - 1.00000



*Today's Key Results/Board Meetings*
*30-Aug-22*




ACTIVE
A.G.M.  
AGARIND
A.G.M.  
BRFL
Quarterly Results 
CHOTHANI
A.G.M.  
DIDL
A.G.M.  
ELFORGE
A.G.M.  
ENBETRD
A.G.M.  
GETALONG
A.G.M.  
GNRL
A.G.M.;General  
HALDER
Final Dividend;General 
INFORTEC
General  
INTECH
General  
JYOTIN
A.G.M.;General  
MADHUVEER
A.G.M.;General  
MARG
Audited Results  
MICROSE
A.G.M.;General  
MMTC
Quarterly Results 
MOHITE
Quarterly Results 
PRISMX
A.G.M.;General  
PROCAL
General  
RAJSPTR
General  
RUCHIRA
Bonus issue  
SAMTEX
A.G.M.  
SHREEPAC
General  
SMAUTO
A.G.M.;General  
SPVGLOBAL
A.G.M.;General  
STARLIT
General  
TDPOWERSYS
Stock  Split  
TRANSFIN
A.G.M.  
VENLONENT
General  
ZENITHHE
A.G.M.;General  




*Stock under F&O ban on NSE*
*30-Aug-22*



None

• Ambani Outlines Reliance Heirs’ Roles at $220 Billion Empire
• Ambani’s Reliance to Spend $25 Billion on 5G Across India
o Jio to use standalone 5G, no dependence on 4G tech
• Ambani’s Reliance May Double Investment in Clean Energy Hardware
• Pakistan Flood Death Toll Passes 1,000 in ‘Climate Catastrophe’
• BPCL Says India May Have to Compensate if Fuel Losses Stay High
• BofA Says India Stocks to Be Range-Bound as Major Events Over
o Nifty 50 Index is set to trade in range of 17,000 to 19,500
• India Cumulative Monsoon Rainfall 7% Above Normal as of Aug. 29
• Indian Companies Issue INR136.8 Billion of Private Bonds Last Week
• Emerging Market ETF Outflows Hit $640.9 Mln, Most in 9 Months
• Global Funds Sell Net INR5.61B of Indian Stocks Monday: NSE
o Domestic funds buy net 1.44b rupees of stocks
• EAM Jaishankar holds talks with Maldivian counterpart: PTI
• Reliance to Update on Jio, Retail IPOs Next Year: Moneycontrol
• Adani Enterprises (ADE): Seeks SEBI Clarity On Warrants Conversion By NDTV Founders
• Adani Green (ADANIGR): Adani Green’s Key Debt Ratio Is Set to Improve, Nomura Says
• HFCL (HMFC): To consider fund raising via equity/debt on Sept. 2
• Procter & Gamble Health (PGHL): 4Q Net Income 411.9M Rupees Vs. 338.9M Rupees Y/y
• Sun Pharmaceutical (SUNP): Sees high-single to low double digit topline growth; see higher spend on speciality PDTS clinical trials
• Zomato (ZOMATO): Says no plan to re-brand Zomato app to Eternal; no change in anybody’s roles & responsibilities

BREAKING NEWS:

buzz of India Cement open offer at Rs 270 by Jsw Group

PIRAMAL ENTERPRISES: EX-DATE Today – Spin Off
Alert September-1 has been fixed as the demerger record date
Alert For every 1 Share of PEL shareholders will get 4 Shares of Piramal Pharma

Happy 92nd #BirthDay #warrenbuffet #alliesfin

NIFTY INTRADAY RUN WAS LIKE MISSILE TODAY 🛫 @A1GURUKULAM

#bse #sensex #nse #nifty #alliesfin
Strong Rally, Market Zoomssss....

30-AUG-22

FII EQ: +4165.86
DII EQ: -656.72


FII FO: +11463.71

IND FUT: +1782.43
IND OPT: +8331.60
STK FUT: +1297.63
STK OPT: +52.05

Big Big Bang by Fii...

• India’s Economy Expands Most in a Year, Aided by Consumption

o India July Key Industries’ Output Rises 4.5% Y/y

o India April-July Fiscal Deficit at 20.5% of FY23 Target

• India Govt to Raise Coal Output to 1.23b Tons by 2024-25

• Airbus May Win Order for About 50 A220s From India’s Jet Airways

• Russian Crude Shipments to Asia Plunge to Lowest Since March

• India to Increase Rice Purchases From Farmers for Food Program

• Bangladesh to Import 330,000 Tons of Rice From Vietnam, India

• India Seeks Gas Supply for Oct.-Dec. to Fertilizer Plants

• India’s Growth Gives RBI Scope to Hike Further, Nirmal Bang Says

• Adani Becomes World’s Third Richest Trailing Only Musk, Bezos

• Mirae Likes Risk-Reward in Asia Ex- China Stocks Especially Banks

• Renesas to Acquire Indian Radar Firm Steradian

• Global Funds Buy Net INR41.7B of Indian Stocks on Aug. 30: NSE

o Domestic funds sell net 6.57b rupees of stocks

• Foreign Investors Buy Net INR20.6B of India Equities on Aug. 29

• Foreigners Buy Net INR114.6B of India Equity Derivatives Aug. 30

• Sri Lanka Inflation Hits 64.3% in August on Costlier Fuel

• Deadly Floods Swamp Farms in Pakistan, Flushing Away Crops

• Reliance Industries Acquires Soft Drink Brand Campa in India: ET

• India’s NSDL Likely to Launch IPO in May 2023: CNBC-TV18

• Indian Startup OkCredit Is Looking for Buyer, Mint Says

• 10:30am: S&P Global’s India Manufacturing PMI for Aug., prior 56.4

• Aditya Birla Fashion (ABFRL): CCI approves GIC’s stake purchase in ABFRL

• Biocon (BIOS): Gets FDA Observations for Bengaluru, Malaysia Sites

• Cipla (CIPLA): To buy additional 13.1% stke in Cipla Jiangsu

• Glenmark Pharma (GNP)): Says unit Glenmark Specialty & Hikma launches RVALTRIS seasonal allergic rhinitis nasal spray in the US

• GMR Power and Urban Infra (GMRPUI): GMR Group to Divest Its 30% Equity Stake in PT Gems for $420M

• Havells India (HAVL): To expand washing machines capacity at cost of INR1.3b

• InterGlobe Aviation (INDIGO): Virgin Atlantic and IndiGo Announce Codeshare Pact

• Infosys (INFO): Says sells entire holding in Trifacta for $12 million

• Inox Wind (INXW): Approves fund raising of up to 8b rupees

• Tata Motors (TTMT): Buys partner Morcopolo’s stake in Jv Tata Morcopolo

• Tata Steel (TATA): Buys 28.2m shares in mining unit for INR540m

• Zee Entertainment (Z): Disney Licenses ICC Cricket TV Broadcast Rights to India’s Zee

Trading Tweaks

🌟Price Band Revised From 10% To 5%: IndoStar Capital Finance, Nelco

🌟Ex-Date Annual General Meeting: Emami, Dynamatic Technologies, Bannari Amman Sugars

🌟Ex-Date Dividend: NBCC (India), Surya Roshni, Bannari Amman Sugars, Gujarat State Petronet, IndiaMART InterMESH, Pilani Investment & Industries Corp

🌟Ex-Date Final Dividend: Supriya Lifescience

🌟Ex-Date Interim Dividend: Power Finance Corporation

🌟Ex-Date Face Value Split: Savita Oil Technologies

🌟Ex-Date Stock Split: Ritesh Properties and Industries

🌟Record-Date Demerger: Piramal Enterprises

🌟Record-Date Annual General Meeting: HeidelbergCement India

🌟Record-Date Dividend: HeidelbergCement India

🌟Move Into Short-Term ASM Framework: Kingfa Science and Technolgy (India), Jupiter Wagons, IndoStar Capital Finance

🌟Move Out Of Short-Term ASM Framework: Pearl Global Industries

Insider Trades

⚡️Nirlon: Promoter Group Shital Trading Interiors sold 5,000 shares on August 29.

⚡️Arman Financial Services: Promoter Himani A Manakiwala sold 2,000 shares on August 29.

⚡️Zydus Wellness: Promoter Group Zydus Family Trust bought 5,785 shares on August 29.

⚡️Vaibhav Global: Promoter Group Brett Enterprises bought 4,000 shares on August 29.

⚡️Geojit Financial Services: Promoter BNP Paribas SA sold 9.32 lakh shares between August 24 and August 26.

⚡️Jindal Steel & Power: Promoter Group Opelina Sustainable Services bought 16.09 lakh shares on August 25.

⚡️DB Corp: Promoter Girish Agarwal bought 3.77 lakh shares between August 24 and August 29.

⚡️Star Cement: Promoter Group Sarika Jalan sold 1,927 shares on August 24.

Who’s Meeting Whom

💫Cummins India: To meet analysts and investors on September 2.

💫Schaeffler India: To meet analysts and investors on September 1 and 2.

💫Neogen Chemicals: To meet analysts and investors on September 5, September 16, and September 23.

💫Gati: To meet analysts and investors on September, September 6, September 7, September 8, September 16, and September 20.

💫Allcargo Logistics: To meet analysts and investors on September 5 and 6.

💫Capri Global Capital: To meet analysts and investors on September 1.

Morning Market News & Update☀️

🍁Zee Entertainment: The company entered strategic licensing agreement with Disney Star for TV broadcasting rights for ICC Men’s and Under 19 global events for a period of four years.

🍁Tata Motors: The company has bought 49% stake of Marcopolo S.A. in Tata Marcopolo Motors for Rs 99.96 crore. Consequently, TMML will become a wholly owned subsidiary of the company.

🍁Tata Steel: The company has invested Rs 54 crore in its wholly owned subsidiary Tata Steel Mining.

🍁Infosys: The company divested its minority stake in San Francisco based Trifacta Inc for $12 million.

🍁Glenmark: The company along with Hikma Pharmaceuticals launched nasal spray Ryaltris for relief for both nasal and ocular symptoms of seasonal allergic rhinitis

🍁Inox Wind: The company approved fund raising of Rs 800 crore via issue of non-convertible preference shares to promoters on preferential basis. The funds will be used for repayment of debt. It aims to achieve net debt zero status “in the near future.”

🍁Credit Access Grameeen: The company has entered an arrangement to avail $90 million through first of its kind Loan Syndication Arrangement led by HSBC Bank. The other lenders in the syndication arrangement include Bank of India, Union Bank of India and UCO Bank.

🍁Aditya Birla Fashion and Retail: The company received approval from Competition Commission of India for acquisition of 7.49% stake by Caladium Investment Pte for Rs 2,195 crore.