• Global Economy Could Lose $4 Trillion in Output, IMF Chief Warns

• World Bank Cuts India Growth Forecast Citing Global Risks

• India Expects 90GW Solar Module Manufacturing Capacity by FY26

• India’s Sebi Orders Brickwork Ratings to Shut Down in 6 Months

• WHO Says Drugs Linked to Gambian Deaths Could Be Elsewhere (1)

o India says cough syrups went only to Gambia, not sold locally

• Stocks in India Extend Rally Ahead of Company Earnings Season

• Gold Drops as Mixed US Data and OPEC+ Cuts Cloud Fed Outlook

• Global Funds Sell Net INR439.2m of Indian Stocks Thursday: NSE

o Domestic funds buy net 2.79b rupees of stocks

• Threats to Mukesh Ambani’s family: one held from Bihar: PTI

• India’s heaviest rocket to make global foray on Oct. 22: PTI

• Canara Bank (CBK): To raise MCLR by 15 bps across tenors from Oct. 7

• Dabur India (DABUR): 2Q Group Revenue Expected to Grow at Mid-Single Digits

• FSN E-Commerce Ventures (NYKAA): Says unit enter into pact with Fashion Retailer Apparel Group to undertake multi branded beauty retail in GCC

• ITC (ITC): Board meeting on Oct. 20 for 2Q earnings

• Karur Vysya Bank (KVB): To raise MCLR by 20 bps across tenors from Oct. 7

• NTPC (NTPC): Signs MoU with GE Gas for Hidrogen Co-Firing to cut CO2 emission

• Quess Corp (QUESS): Approves disinvestment of 53% stake in unit Simpliance Tech for INR1.2b

• Reliance Industries (RIL): Says Its Asteria gets Micro Category Drone certification

• Samvardhana Motherson (MOTHERSO): Inaugurates new Morocco facility

• SBI Cards (SBICARD): Says Rashmi Mohanty appointed as CFO from Oct. 21

• Themis Medicare (TMCH): Partner with NFL Biosciences for NFL-101 in India

• Yes Bank (YES): Appointed Prashant Kumar as MD & CEO for three years

News Headlines from Business News Agencies:

Business Standard :

• World currency reserves shrink by $1 trn this year in record drawdown

• Jet Airways revival: Jalan-Kalrock accept bank call to infuse more capital

• IndiGrid, Brookfield show interest in buying 2 transmission projects

• Services PMI at 54.3 in Sep; slowest expansion in 6 months amid weak demand

• Can Fin Homes to consider raising up to Rs 4,000-cr debt capital

• Google asks suppliers to produce over 8 mn Pixel 7 phones: Report

• ONGC Videsh to invest $1 billion in offshore block held by Petrobras

• RIL-backed Viacom18 Media to stream FIFA World Cup on Jio Cinema for free

• Govt receives dividend tranches from 5 companies, including SAIL, IRCTC

• WTO slashes global 2023 trade growth forecast to 1% as recession looms

• India, Indonesia debt outperforms China despite volatile global markets

Economic Times :

• Porsche overtakes Volkswagen as Europe's most valuable carmaker

• World Bank lowers India's GDP growth forecast to 6.5% from 7.5% for 2022-23

• Poonawalla Fincorp disbursals rise by 44% to Rs 3,720cr in Jul-Sep

• Rupee skids towards record low again on corporate dollar demand

• Google takes on Meta, introduces own video-generating AI

• Dabur India flags up to 200 bps margin hit in Q2

• Benchmark yield posts biggest jump in 2 months on index inclusion setback

• Akasa Air to allow pets on board as part of inclusive travel experience

• Sri Lanka begins crucial debt restructuring talks with China

• UK nurses begin biggest strike ballot in more than 100 years

• Facebook may quietly sack 12,000 employees, 15% of its workforce: report


Bloomberg :

• Global Economy Could Lose $4 Trillion in Output, IMF Chief Warns

• World Bank Cuts India Growth Forecast Citing Global Risks

• India Expects 90GW Solar Module Manufacturing Capacity by FY26

• India’s Sebi Orders Brickwork Ratings to Shut Down in 6 Months

• WHO Says Drugs Linked to Gambian Deaths Could Be Elsewhere (1)

• India says cough syrups went only to Gambia, not sold locally

• Stocks in India Extend Rally Ahead of Company Earnings Season

• Gold Drops as Mixed US Data and OPEC+ Cuts Cloud Fed Outlook

• Global Funds Sell Net INR439.2m of Indian Stocks Thursday: NSE

• Domestic funds buy net 2.79b rupees of stocks

• Threats to Mukesh Ambani’s family: one held from Bihar: PTI

• India’s heaviest rocket to make global foray on Oct. 22: PTI

India Daybook – Stocks in News


Nykaa: Company signs agreement with Apparel Group to enter GCC countries (Positive)

Quess Corp: Company to divest 53% stake in subsidiary, Simpliance Technologies (Positive)

Britannia: Company clinches deal for operations in Kenya as part its plan to expand in Africa. (Positive)

HCL Tech: Company and Google Cloud expand strategic partnership in offering digital services for enterprises (Positive)

Titan: Titan Company reports 18% sales growth in Q2FY23, adds 105 stores during the quarter. (Positive)

Yes Bank: Yes Bank gets RBI approval for appointment of Prashant Kumar as MD & CEO for 3 years (Positive)

NTPC: Company signs MoU with GE Gas Power to reduce carbon intensity at Kawas gas power plant. (Positive)

Datamatics Global: Company in partnership with Scan-Optics to help enterprises optimise business performance. (Positive)

Indian Hume Pipe: Company bags order worth Rs 194 crore under Jal Jeevan Mission Project in Maharashtra. (Positive)

Themis Medicare: Company partners with NFL Biosciences for development of drug for tobacco cessation in India (Positive)

Dhruv Consultancy: Company JV bags consultancy services contract for road project in Andhra Pradesh from NHAI (Positive)

Equitas Small Finance Bank: Company clocks 20% YoY growth each in deposits, advances for Q2FY23. (Positive)

Rategain Travel: Nippon India Mutual Fund acquired 50 lakh shares in the company at an average price of Rs 292.43 per share (Positive)

Varroc Engg amends agreement for 4-wheeler lighting biz sale in Americas & Europe, reduces base price to €520 m from €600 m (Positive)

Torrent Pharma: US FDA issued 3 observations to Torrent Pharma’s Indrad Facility. (Neutral)

Dabur: Company expects to report revenue growth in mid-single digit in Q2FY23. (Neutral)

Zuari Agro: Company appoints Manish Malik as CFO (Neutral)

Gravita India: Investor Kuchhal Atul sold 9,18,663 equity shares in the company via open market transactions. (Neutral)

Lupin: Appoints Dr. Shahin Fesharaki as Global Chief Scientific Officer (Neutral)

Biocon: European Directorate for the Quality of Medicines & HealthCare (EDQM) issues a list of deficiencies for co's API manufacturing site in Bangalore. (Neutral)

Godrej CP: In India, expect to deliver high single-digit sales growth. Company's 3-year CAGR remains robust and close to double-digits (Neutral)

SBI Cards: Company appoints Rashmi Mohanty as Chief Financial Officer w.e.f. Oct 21) (Neutral)

Why I Love #StockMarket ?
by t.me/AlliesFin

Ans

☝️ Stock Market Is Only Place in World where there is no bias with
Your Religion
Your Skin Color
Your Financial Status
Your Age
Your Look

🤟Only Thing Matters Here are
Your Knowledge
your Execution &
Your Experience.

Axiit Shah
#alliesfin #bharat

Like 👍 Share ✌️

Emailing CIRCULAR PRICE BAND CHANGE.pdf

8 #sme cos will be listed on Monday 10 October 2022 #alliesfin #ipo #bse #nse #listing

*SGX Nifty -290 pts (17039) from last trade 17229 ,*


Nikkei clsd ,
Hangseng -391 pts ,
Around @ 7.04am .



Dow -630.15 pts ,Nsdq -420.91 pts, S&P
-104.86 pts , Bovespa -1185 pts , Ftse -6 pts , Dax -197 pts , Cac -69 pts , Crude @ $92.71 brl (+0.07), Brent @ $97.97 brl (+0.05) , Gold @ 1705.70 (-3.60), Silver @ $20.175 (-0.08), Euro @ $0.9734, JPY @ $145.41, INR @ 82.825





*Today's Corporate Action*
*10th Oct Ex Date*



RUCHIRA
Bonus issue 1:10
UNICKE.G.M. 



*Today's Key Results/Board Meetings*
*10-Oct-22*




EASEMYTRIP
Stock  Split;Increase in Authorised Capital;Bonus issue
EIGHTY
General   
EXCEL
General;Quarterly Results   
GARNETINT
General   
GITARENEW
General   
GLCL
Quarterly Results;Audited Results  
GORANIN
Quarterly Results   
ITHL
Quarterly Results   
JTLINFRA
Quarterly Results   
KHYATI
General   
MEFCOMCAP
Stock  Split   
MIL
General   
MIRCH
General   
REGENCY
General;Bonus issue   
RRMETAL
Preferential Issue of shares  
SIPTL
Quarterly Results   
TCS
Audited Results;Interim Dividend  
TTLEL
Increase in Authorised Capital;Preferential Issue of shares;General
VEGETABLE
General   
VSFPROJ
Issue Of Warrants;Preferential Issue of shares;General




*Stock under F&O ban on NSE*
*10-Oct-22*



None

• India Tax Collections Net of Refunds Rise 16.3% So Far This Year
o FY23 Gross Direct Tax Collections Upto Oct. 8 at INR8.98T
• Chinese and Indian Gold Buyers Are Draining New York’s Vaults
• Indian Exports Will Wither Global Headwinds: Piyush Goyal
• India Plans Phased Central Bank Digital Rupee Launch
• India’s September Oil Products Consumption Rises 8.1% Y/y
• India Raises Some Allowances for Federal Govt Staff from July 1
• India Offers to Sell Majority Stake in $5.6 Billion IDBI Bank
o India Govt, LIC Seek Bids for 60.7% Stake in IDBI Bank
• Gambia Child Deaths Linked to Contaminated Syrup Rise to 69
• World’ Top Two-Wheeler Maker Launches First Electric Scooter
• India Forex Reserves Fall $4.85B to $532.7b in Week to Sept. 30
o India Official Reserves Drop to Lowest Since July 2020
• Central Banks Plow On Hiking Rates Despite Pivot Talk
• Macro Concerns to Weigh on Tata Consultancy’s Earnings: Preview
• India Stocks Post First Weekly Gain in Four as Metals Rally
• Global Funds Sell Net INR22.5B of India Stocks on Oct. 7: NSE
o Domestic funds buy net 5.45 billion rupees of stocks
• Govt to kick off FY24 Budget making exercise on Monday: PTI
• Exporters keeping fingers crossed as recession clouds loom over EU: PTI
• Indraprastha Gas Hikes Delhi CNG Prices by INR3/KG: CNBC-TV18
• Adani Enterprises (ADE): Adani Group To Invest $7.9B in India’s Rajasthan in Seven Years
• Bajaj Finserv (BJFIN): Bajaj Allianz General Sept. Gross Direct Premium INR12.14B
• Hindustan Unilever (HUVR): NPR Finance to Sell Its Sangli Wind Turbine Generator Plant
• JSW Steel (JSTL): Unit’s Resolution Plan for National Steel Approved
• Lupin (LPC): Says Kamal Sharma to step down as board director from Oct. 14
• PNC Infratech (PNCL): Achieves financial closure for 2 road projects with Axis Bnk; total debt size of two project at INR15.6b
• Suzlon Energy (SUEL): Appoints Vinod Tanti as CMD for 3-years; Girish Tanti appointed as exec director & vice chairman
• Tata Motors (TTMT): Unit JLR 2Q sales at 88,121 units, up 12% Q/q; JLR 2Q wholesale volumes at 75,307 units, up 4% Q/q

TCS Q2 : CONS NET PROFIT UP 10 % TO RS 10431 CR (QOQ) , UP 8 % (YOY)

REVENUE UP 5 % AT 55309 CR (QOQ), UP 18 % (YOY)

EBIT UP 9 % AT 13279 CR (QOQ) , UP 9.3 % (YOY)

MARGINS AT 24 % V 23.1 % (QOQ), 25.9 % (YOY)

TCS:
CO DECLARED A SECOND INTERIM DIVIDEND OF RUPEES 8 PER EQUITY SHARE

Q2 OPERATING MARGIN AT 24%

Q2 LTM IT SERVICES ATTRITION RATE AT 21.5%

Q2 NET HEADCOUNT ADDITION OF 9,840.

TCS CEO Says “Demand for our services continues to be very strong. We registered strong, profitable growth across all our industry verticals and in all our major markets.

Our order book is holding up well, with a healthy mix of growth and transformation initiatives, cloud migration and outsourcing engagements. As clients prepare for a more challenging environment ahead, Technologies like cloud that have been embraced now have to be fully leveraged to realize the promised value.

TCS has the combination of contextual knowledge, technology expertise and execution rigor to deliver on this imperative.”

Q2FY23 Highlights

TCS sees a stellar performance in Q2 beating street estimates; ends H1FY23 with a bang

Revenue:

Constant currency (CC) revenue growth up 15.4% YoY & 4% QoQ

Rupee terms: Rs55,309 Cr up 18%; up 4.8% QoQ

Dollar terms: $6877 m up 8.6% (owing to cross currency impact); up 1.2% QoQ

Net profit Rs 10,431 Cr (Crossed 10,000 Cr mark in net profit for the first time)

Op Margin: 24%

Net Margin: 18.9%

Order book: $8.1Bn

Geo Growth (CC YoY)

UK, Europe defy pessimistic economic outlook & post stronger growth in Q2 versus Q1

Order book in UK, Europe stronger in Q2 Vs Q1

US up 17.6%

UK up 14.8%

Continental Europe up 14.1%

Latin America up 19% (celebrate 20 years of TCS in Lat Am this quarter)

India up 16.7%

Sector Growth: (CC YoY)

Growth very strong across all verticals led by retail (which was strong last quarter as well) growing 22.9% YoY

BFSI up 13.1%

Retail up 22.9%

Life sciences & Healthcare up 14.5%

Manufacturing up 14.5%

Communication & Media up 18.7%

Technology & services 15.9%

HR:

Net addition at 9,840

Total headcount now stands at 616,171

Attrition at 21.5% (LTM); attrition projections for the coming quarters is on a downward trend

35,000 freshers onboarded in the 1st half of FY’23; with 20,000 in Q2

Women make up 35.7% of the workforce with headcount touching 219,951

TCS NQT for FY24 received half a million registrations (all time high)

11.7m learning houses, 1.5m competencies

#Wipro and #Infosys #ADR jumps 5% post TCS numbers. #alliesfin #qoq

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 10-10-2022 :*

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

*TOTAL NET BUY : +5645* 😄😄

*INDEX FUT. : -1315*

*INDEX OPT. : +8817*

*STOCK FUT. : -2109*

*STOCK OPT. : +252*


*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 10-OCT-22 : (Rs. CRS )*

*FIIS : BUY -2,139 (3,758-5,897)* 😢

*DIIS : SELL +2,137 (6,281-4,144)* 😄

*BSE SENSEX : -200 (57,991)🔽*

*NSE NIFTY : -74 (17,241)🔽*

*BSE MIDCAP. : -221 (25,164)*🔽

*BSE SMLCAP. : -168 (29,015)*🔽

*B. CRUDE : $ 97.58* 🔼 😢

*GOLD: $1681=INR 51,300(10gr)* 🔽 😢

*SILVER : RS. 59,800 (kg) (5pm) 🔽 😢*

*FOREX : RS. : $ 82.32* ↔️ 😳

*6.54% GOI '32 : 7.5118% (93.58)* 🔼 😔

*7.26%NEW GOI '32: 7.4758%(98.50)*🔼😔

*7.54% GOI '36 : 7.5602% (99.8175)* 🔼 😩

INFOSYS: BOARD MEETING ON OCT 13 TO CONSIDER A PROPOSAL FOR BUYBACK OF FULLY PAID-UP EQUITY SHARES. #infosys #alliesfin

*SGX Nifty +10 pts (17240) from last trade 17230 ,*


Nikkei -459 pts ,
Hangseng -22 pts ,
Now @6.52am .



Dow -93.91 pts ,Nsdq -110.30 pts, S&P
-27.27 pts , Bovespa -434 pts , Ftse -31 pts , Dax -0.06 pts , Cac -26 pts , Crude @ $90.83 brl (-0.30), Brent @ $96.19 brl (+0.00) , Gold @ 1676.30 (+1.10), Silver @ $19.605 (-0.01), Euro @ $0.9708, JPY @ $145.68, INR @ 82.405





*Today's Corporate Action*
*11th Oct Ex Date*



None



*Today's Key Results/Board Meetings*
*11-Oct-22*



CHOKSI
Quarterly Results   
DELTACORP
Quarterly Results   
GMBREW
Quarterly Results   
GUJHOTE
Quarterly Results   
NCLRESE
General   
NINSYS
General   
SUPREMEINF
Quarterly Results   
TTFL
General;Quarterly Results   




*Stock under F&O ban on NSE*
*11-Oct-22*



1 IBULHSGFIN

2 INDIACEM