Multiple Events Tomorrow:
@AlliesFin
1. RBI Policy
2. Putin Speech
3. FTSE Rebalancing
4. Weekly/Monthly/Quarterly/Half Yearly closing

India VIX melts down to 21. If this drops below 20 expect good bounceback in market.

29/9/2022
T.me/AlliesFin
BSE:-188(56409)
NSE:-40(16818)
MID:+75(24512)
SML:+176(28047)
*FII|FPI:-3599Cr*
*DII:+3161Cr*
B.Crude: 89
Gold$:1650=INR: 49850
Silver: 56075
$/Rs: 81.86
6.54 : 2032 G-Sec: 7.38
NSE PE: 20.08

MKT UPDATES :

SGX Nifty -100 pts (16750) from last trade 16850 ,

Nikkei -373 pts ,
Hangseng +1 pt ,
Around @ 6.52am .

Dow -458.13 pts ,Nsdq -314.13 pts, S&P
-78.57 pts , Bovespa -786 pts , Ftse -123 pts , Dax -207 pts , Cac -88 pts , Crude @ $81.67 brl (+0.44), Brent @ $88.49 brl (+0.00) , Gold @ 1672.20 (+3.60), Silver @ $18.865 (+0.15), Euro @ $0.983, JPY @ $144.42, INR @ 81.465


*US GOVT. 10-YEAR YIELD : 3.78%*


*Today's Corporate Action, 30 Sep Ex Date :*

MAXIMUS
Stock  Split From Rs.10/- to Rs.1/-


*Today's Key Results/Board Meetings, 30-Sep-22 :*

HERITGFOOD
Right Issue of Equity Shares;General
INTETHR
A.G.M.   
MDRNSTL
Quarterly Results  
NAYSAA
A.G.M.   
SAGARSOFT
Quarterly Results  
SCANPRO
A.G.M.   


*SEC. IN F&O BAN FOR*
*30-Sep-22*

NIL


*Today's Alert :*

*RBI to Conduct Auction of GOI BONDS for INR 330 Billion*

*Business News Headlines*

*Economic Times :*

Ø Tata Industries to hive some startup businesses off to Tata Digital

Ø NSE index rejig to bring inflows of up to $189 million

Ø Sebi rolls out framework for credit rating agencies

Ø IT hardware PLI purse may zoom 2.5 times to Rs 19,000 crore

Ø Cognizant will focus on digital, stay away from “uneconomic” deals

Ø HCL acquires majority stake in vernacular edtech platform GUVI

Ø Sebi set to allow confidential pre-filing of IPO documents

Ø Govt to borrow Rs 5.92 lakh cr in H2 of FY23; plans to raise Rs 16,000 cr via sovereign green bonds

Ø Government aims to control natural gas prices to tame inflation, sources say

Ø Merger between LIC MF and IDBI MF in advanced stage: LIC Mutual Fund MD

Ø SBI files 'insolvency petition' against Jaiprakash Associates in NCLT

Ø Govt hikes interest rate on small savings schemes for Q3 of FY23


*Buisness Standard :*

Ø Reliance Retail's fashion-lifestyle store AZORTE to take on Zara, Mango

Ø ICICI Pru, 14 insurance firms evaded Rs 824 crore input tax credit

Ø Retail IPO applications down by over 50% in H1FY23, shows data

Ø India's Li-ion battery demand to grow to 70 GWh by 2030, says report

Ø Blue Dart Express' volume growth momentum likely to sustain in FY23

Ø Centre to relax rules, fast-track new measures for oil & gas exploration

Ø Export of rice consignments with limited quantity of broken rice allowed

Ø New funding mechanism takes wing for HNIs bidding Rs 2-10 lakh in an IPO

Ø Torrent group to make Rs 2,900-cr bid for Reliance Nippon Life Insurance

Ø Adani Enterprises secures funds to build Ganga Expressway at Rs 23,000 cr


*Financial Express :*

Ø Russia to annex seized Ukrainian regions: Putin to sign documents in grand ceremony tomorrow

Ø IPO mop-up plunges 32 pc to Rs 35,456 crore in H1: Report

Ø Sebi bans The Apex Global, its proprietor from markets for 4 years

Ø Transport Corp’s Vineet Agarwal bullish on both online and offline sales amid 2022 festivities

Ø Lupin launches generic Suprep Bowel Prep Kit in United States

Ø Former RBI deputy governor, Zomato chairman join BharatPe board

Ø Indifi disbursed loans valuing Rs 2800 crs to more than 30,000 MSMEs

Ø Offline food, grocery retailers to see 20% revenue growth

Ø Nykaa board to meet on October 3 to consider bonus share issuance

*September Auto Sales Estimates YoY_01.10.2022:*

*Ashok Leyland:* 155000 units versus 9533 units ( *Up 33.0%* )

*Tata Motors:* 82800 units versus 59156 units ( *Up 40.0%* )

*M&M Tractor:* 40500 units versus 40331 units ( *Up 0.4%* )

*M&M Auto:* 63600 units versus 28112 units ( *Up 126.0%* )

*Maruti:* 178500 units versus 86380 units ( *Up 106.0%* )

*Hero Motocorp:* 500000 units versus 530346 units ( *Down 6.0%* )

*TVS Motors:* 375000 units versus 347156 units ( *Up 8.0%* )

*Bajaj Auto:* 423000 units versus 390000 units ( *Up 8.5%* )

*Eicher Motors RE:* 77000 units versus 33529 units ( *Up 130.0%* )

*Escorts:* 9521 units versus 8816 units ( *Up 8.0%* )

Investors Meetings on September 30

Rossari Biotech: Officials of the company will attend Equirus Virtual Annual Conference.

Bharat Forge: Officials of the company will meet ICICI Prudential AMC.

Safari Industries (India): Officials of the company will meet IDFC Mutual Fund, and Mirae Asset Mutual Fund.

Gati: Officials of the company will meet Ambika Fincap, and Habrok Capital Management LLP.

Phoenix Mills: Officials of the company will interact with Mondrian Investment Partners.

Indian Energy Exchange: Officials of the company will interact with Ethos Investment Management.

Escorts Kubota: Officials of the company will interact with Toona Tree Capital.

Polycab India: Officials of the company will meet BlackRock Asia, Kotak Offshore, Nippon Offshore, and Wellington Management in Singapore.

Prudent Corporate Advisory Services: Officials of the company will meet Marcellus Investment Managers, and B&K Securities.

Meghmani Organics: Officials of the company will meet DAM Capital.

• India’s rate-setting panel headed by RBI Governor Shaktikanta Das may raise the benchmark interest rate by 50 basis points to 5.90%, according to 34 of 46 economists in a Bloomberg survey. 11 predict a 35 basis points hike and one for a 25 basis points increase.
o India Set for Third Half-Point Hike as Rupee Slumps: Guide
• UK Working ‘Intensely’ with India on Free Trade Agreement
• Modi Government Keeps Second-Half Borrowings Largely Unchanged
o India to Borrow INR5.92T in Fiscal Second Half; Est. INR6T
• India’s Current Account Deficit Swells to Near Decade High
o April-June Current Account Deficit $23.90B; Est. -$30.80B
• India Slightly Reduces Annual Bond Sale Goal on Buoyant Revenue
o India Plans Debut Green Bonds to Raise $2 Billion by March
o India to Sell 2.86T Rupees of T-Bills Oct.-Dec.: DEA
• CCI approves Buying Assets of Essar Group by ArcelorMittal Nippon
• India Postpones Six Airbag Rule for Cars Despite Deadliest Roads
• SURVEY: India Economy to Expand 6.2% in 3Q22; Prior +6.5%
• Indian Stocks Drop for Seventh Day as Risk-Off Grips Markets
• India Nifty Faces 30% Downside Risk on Bond Mean Reversal: CLSA
• India Foreign Travel Spending Up 195% in 2Q Y/Y
• Global Funds Sell Net INR36B of India Stocks on Thursday: NSE
o Domestic funds buy net 31.6b rupees of stocks
• Defence minister visits forward areas in Arunachal, interacts with troops at the LAC: PTI
• Zee-Sony merger hearing inconclusive Both Zee and Sony asked to make written submissions: CNBC- TV18
• Govt upgrades Mukesh Ambani’s security cover to Z plus: PTI
• 4:00pm: India Fiscal Deficit in rupees for April-Aug., prior -11,040
• 5:30pm: August Eight Infrastructure Industries, prior 4.5%
• 10am: RBI Bi-monthly Monetary Policy Statement for 2022-23
o RBI Benchmark Repurchase Rate, Est. 5.90% (prior 5.40%)
o RBI Cash Reserve Ratio Est. 4.50% (prior 4.50%)
• RBI to release weekly FX, bank credit data
• Adani Power (ADANI): CCI approves co.’s acquisition of share of Diliigent Power and DB Power: PIB
• Hero MotoCorp (HMCL): To Invest $60 Million in Zero Motorcycles for EVs
• Life Insurance Corp (LICI): Raises Deepak Nitrite holding to 5.028% from 4.977%
• Lupin (LPC): Gets U.S. FDA ANDA approval for Mirabegron extended- release tablet, a generic of Myrbetriq tablets
• Punjab National Bank (PNB): To sell entire 10% stake in ARCIL by Dec. 31 at an agreed price

RBI Monitory Policy Snapshot 30-09-2022

1) Repo Rate increased by 50 BPS at 5.90%
2) Inflation is projection at 5.7% in 2022-23
3) SDF stands adjusted at 5.65%
4) Stance - Withdrawal of Accommodation

Simple Definition to understand the Term Better @AlliesFin


Repo Rate: It is the interest rate at which the Central bank of a country lends money to commercial banks ( RBI give loan to bank )


Reverse Repo Rate it is the rate at which the Reserve Bank of India (RBI) borrows money from banks ( Rbi takes loan From Banks )


Cash reserve ratio (CRR) is the percentage of a bank's total deposits that it needs to maintain as liquid cash. ( Bank Has to Keep cash in to bank as per RBI Ratio )

Here's what you Learn

☝️ Wealth Creation through Equity
✌️Goal based Investment approach
🤟How to Over Come Wrong Financial Decisions

Online Presentation
Sat 01 Oct 2022
11 am to 12 noon

Join Whatsapp group
https://chat.whatsapp.com/GzgmMBBIq5NCPFHgbtFz2Z

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Its Free :)
https://wa.me/919869958999

LINK TO SHARE THIS MSG
https://telegram.me/AlliesFin/12121

BULLS ARE BACK 😊
NIFTY ABV 17100 + 323
BANK NIFTY ABV 38700 +1111

Desh badal raha hai
Mkt pahele FED ki sunta tha
Ab RBI ki sunta hai😊
#rbi #fed #alliesfin

MKT. UPDATES :

*SGX Nifty -250 pts (17856) from last trade 17106 ,*

Nikkei -76 pts ,
Hangseng -173 pts ,
Around 6.52am .

Dow -500.10 pts ,Nsdq -161.81 pts, S&P
-54.85 pts , Bovespa +2372 pts , Ftse +12 pts , Dax +138 pts , Cac +85 pts , Crude @ $82.12 brl (+2.63), Brent @ $87.96 brl (+2.82) , Gold @ 1672.20 (+0.20), Silver @ $19.135 (+0.09), Euro @ $0.9798, JPY @ $144.81, INR @ 81.515


*US GOVT. 10-YEAR YIELD : 3.80%*


*Today's Corporate Action, 3 Oct Ex Date :*

JONJUA
Bonus issue 4:23 
MAXIMUS
Stock  Split From Rs.10/- to Rs.1/-MOTHERSON
Bonus issue 1:2 
SUZLON
Right Issue of Equity Shares 
YUG
Bonus issue 1:2 


*Today's Key Results/Board Meetings, 03-Oct-22 :*

ANURAS
General  
DHANADACO
General  
GETALONG
General  
HDIL
Audited Results;Quarterly Results
NYKAA
Bonus issue 
ROJL
General  
SARDAPPR
General;Preferential Issue of shares
SKIFL
Issue Of Warrants 


*SEC. IN F&O BAN FOR, 03-Ocr-22*

*NIL*


*Today's Alert :*

*RBI to Conduct Auction of SDLS BONDS for INR 195 Billion*

India Rings in 5G as Debt-Laden Carriers Gird to Spend Billions

o PM Modi kicks off service in video call to school students

• Ambani Plans 5G Services in India With Most Affordable Tag (1)

o Reliance will invest 2T rupees in providing 5G service

• India Sept. Gross GST Revenue Collection at 1.48T Rupees

• India Cuts Windfall Taxes on Diesel, Aviation Fuel and Local Oil

• India’s September Diesel Sales Rebound Ahead of Major Festivals

• Coal India Allays Shortage Concerns on Improving Fuel Supplies

• Indian Households Expect Inflation to Rise, RBI Survey Shows

o India’s RBI Delivers Half-Point Hike to Rein in Inflation

• India Increases Natural Gas Price for 6 Months From October

• India Aug. Key Industries’ Output Rises 3.3% Y/y

• India April-Aug. Fiscal Deficit at 32.6% of FY23 Target

• India’s Market Regulator Tightens Disclosure Norms for IPOs

• India Allows Companies to Sell Bonds in Smaller Denominations

o Move to boost individual investor participation: Buch

• Rain in South India Seen Normal in Three Months to Dec.: IMD

• Air India Is Said to Weigh Raising $1 Billion for Expansion

• India Forex Reserves Fall $8.13B to $537.5b in Week to Sept. 23

o India Official Reserves Drop to Lowest Since August 2020

• Citigroup Hikes India RBI Peak Rate Forecast by 50 Basis Points

• India Stocks Outperform Asia as Banks Rally After RBI Rate Hike

• India Cumulative Monsoon Rainfall 6% Above Normal as of Sept. 30

• Cotlook Raises 2022-23 Surplus Outlook on Dwindling Demand

• India Credit Card Loans Rise to Record in August

• Global Funds Sell Net INR15.7B of India Stocks on Friday: NSE

o Domestic funds buy net 32.5b rupees of stocks

• India’s unemployment rate drops to 6.43% in Sept.: CMIE: PTI

• IAF to formally induct indigenously-built Light Combat Helicopter on Monday: PTI

• Zimbabwe Power Firm Secures Funds From India, State Media Says

• 10:30am: S&P Global’s India Manufacturing PMI for Sept., prior 56.2

• Adani Ports (ADSEZ): Incorporates Wholly-Owned Unit Adani Aviation Fuels

• Coal India (COAL): Sept. production climbs 12.3% Y/y to 45.7m tons; Sept. sales rise 1.1% Y/y to 48.9m tons

• Delta Corp (DELTA): Delta Corp, Coffee Holding Merger Sees EV of ~$655m

• Gokaldas Exports (GEXP): Clear Wealth Consultancy Services LLP sold 1.5m shares of GEXP to ADIA at INR349.75/shr: BSE Bulk Deals

• Graphite India (GRIL): To stop German Electrode production, as energy cost unviable

• HDFC (HDFC): HDFC Increases Retail Prime Lending Rate by 50BPS From Oct.

• Hero MotoCorp (HMCL): Sept. vehicle sales 519,980 vs. 530,946 a year ago

• Maruti Suzuki (MSIL): Sept. sales 176,306 units vs 86,380 Y/y

• NMDC (NMDC): Sept. sales grow 6.6% Y/y to 2.91m tons; Production +1.5% Y/y to 2.73m tons

• NTPC (NTPC): April-Sept FY23 generation increase 15.1% Y/y to 203.5 BU: PIB

• Srei Infrastructure (SREI): Says AM Mining added in final resolution applicants list

• Tata Motors (TTMT): Sept. local sales rise 44% Y/y to 80,633 units

• TVS Motor (TVSL): Sept. Vehicle Sales rise 9% Y/y to 379,011 Units

• Veranda Learning (VERANDA): To consider Fund raising plan on Oct. 5

• Zydus Lifesciences (ZYDUSLIF): Gets U.S. FDA nod to market Sildenafil for oral suspension

India Daybook – Stocks in News


Cipla: Company gets US FDA nod for Emtricitabine;Rilpivirine;Tenofovir Alafenamide (Positive)

Alkem Labs: Company gets US FDA nod for Empagliflozin (Positive)

Poonawala: CARE Ratings upgrades the long-term rating of Poonawalla Fincorp & its subsidiary. (Positive)

Steel Strips Wheels: Shareholders approve 5-for-1 stock split (Positive)

ONGC/OIL/Reliance: Price of gas from old fields of ONGC and OIL hiked to USD 8.57/MMBtu from USD 6.1; rates for gas of Reliance-bp hiked to USD 12.46: PPAC. (Positive)

Oil upstream stocks: Indian Government cuts windfall profit tax on local crude, diesel, lifts for jet fuel (Positive)

APL Apollo: The steel tube maker registered the highest quarterly sales volume of 6.02 lakh tonnes in Q2FY23, up 41 percent YoY (Positive)

Likhitha Infra: The company has received orders worth Rs 177 crore from various oil & gas distribution companies (Positive)

Delta Corp in merger & share exchange pact with Coffee Holding (Positive)

Zydus Life: Company gets final US FDA nod to market Sildenafil for oral suspension. (Positive)

Reliance: Company has partnered with global giants Qualcomm and Microsoft for the JioBook (Positive)

IPCA Labs: Company's 2nd plant set-up for manufacturing of Drug APIs at the new green field manufacturing unit being set up at Dewas, MP (Positive)

Aviation Stocks: Jet fuel (ATF) price cut by Rs 5,521 (4.5%) to Rs 1.15 lakh/Kl from Rs 1.21 lakh/Kl In Delhi. (Positive)

Lupin: Company receives establishment inspection report (EIR) from US FDA for its Ankleshwar manufacturing facility (Positive)

HAL: Light Combat Helicopter, India’s first indigenous dedicated attack helicopter, will be inducted into the IAF formally at the Jodhpur Air Force Station (Positive)

NTPC: April-Sep gross generation up 15.1% at 203.5 bn units Vs 176.8 bn units (YoY) (Positive)

Nykaa: To Consider Bonus Issue of Shares Today (Neutral)

Bank of Baroda: Hikes repo-linked lending rate by 50 bps to 8.45%. (Neutral)

Indiabulls Housing Finance: Company hikes lending rates by 50 bps (Neutral)

ICICI Bank: Hikes lending rates by 10 bps across tenures, hikes external benchmark lending rate by 15 bps to 9.25% (Neutral)

Muthoot Capital: Company completes Rs 122 cr securitisation transaction. (Neutral)

63 Moons: MCX extends Support and Managed Services with 63moons for its existing trading & clearing platform for a period of three months (Neutral)

NMDC: September production of Iron Ore up 1.5% at 2.73 mt Vs 2.69 mt (YoY) (Neutral)

Coal India: September production up 12.3% at 45.7 mt Vs 40.7 mt (YoY) (Neutral)

Shreeji Translogistics: Antara India Evergreen Fund acquired 60,000 shares in the company (Neutral)

GAIL: Company says Gazprom Marketing Has Not Delivered 13 Cargoes To Co

Patel Logistics: Promoter entity sold 273,773 shares at Rs 12.99/ Share

Royal Orchid: Promoter Entity sold 345,065 shares at Rs 274.7/ Share.

#creditsuisse #lehmanbrothers #deutschebank #alliesfin #alert

*SGX Nifty +225 pts (17113) from last trade 16888 ,*

Nikkei +702 pts ,
Hangseng clsd ,
Around 6.52am .

Nifty Fut Clsd)
Dow +765.38 pts ,Nsdq +239.65 pts, S&P
+92.81 pts , Bovespa +6097 pts , Ftse +14 pts , Dax +95 pts , Cac +31 pts , Crude @ $83.31 brl (-0.32), Brent @ $88.86 brl (+0.00) , Gold @ 1709.80 (+7.80), Silver @ $20.86 (+0.27), Euro @ $0.9831, JPY @ $144.52, INR @ 81.495


*US GOVT. 10-YEAR YIELD : 3.64%*


*Today's Corporate Action, 04 Oct Ex Date:*

LEHAR
E.G.M.   
MLINDLTD
Bonus issue 6:1 
MLINDLTD
Final Dividend - Rs. - 0.50000


*Today's Key Results/Board Meetings, 04-Oct-22 :*

CHEMCON
General  
HALDYNGL
General  
MEGACOR
General  
PULSRIN
Increase in Authorised Capital;General
PUNITCO
Bonus issue;Increase in Authorised Capital
SIPTL
Right Issue of Equity Shares
THINKINK
Issue Of Warrants;General
YUG
General  


*SEC IN F&O BAN FOR, 04-Oct-22 :*

*NIL*