India Daybook – Stocks in News


*Deepak Fertilisers:* Board gives in-principle approval to the scheme of arrangement between STL, DMSPL & MFTPL (Positive)

*SJVN:* IREDA signs Rs 4,450 cr loan pact with SJVN Green Energy for 1,000 MW solar project at Bikaner (Positive)

*Wipro:* Company has been selected by Mazda Motors Logistics Europe for application transformation in a five-year, multi-million Dollar deal (Positive)

*Reliance Industries:* Reliance Consumer Products launches FMCG brand ‘Independence’ in Gujarat. Reliance Digital Health to buy 2.25% stake in Synchron (Positive)

*Shriram Transport:* Company’s board to consider interim dividend, fund raising on December 24. (Positive)

*Alkem Labs:* Company gets US FDA nod for Lurasidone Hydrochloride used to treat the symptoms of Schizophrenia. (Positive)

*KPI Green:* signs long-term Power Purchase Agreement (PPA) for sale of 7.50 MW solar power with Tata Motors (Positive)

*Hindustan Foods:* To Acquire a pharmaceutical factory further expanding its Health Care & Wellness Division (Positive)

*Max India:* Ace investor Porinju Veliyath bought 2.3 lakh shares in the company (Positive)

*Kajaria:* The company has executed a joint venture agreement between subsidiary Kajaria International DMCC, UAE, and AL Rathath Marble Factory LLC, UAE (Positive)

*HDFC AMC:* Life Insurance Corporation of India has increased its stake by buying additional 2.03 percent stake (Positive)

*Ramkrishna Forgings:* Company to buy up to 51% of TSUYO Manufacturing in phases (Positive)

*Oil upstream companies:* Government revises Windfall Tax on crude petroleum from ₹4,900/t to ₹1,700/t (Positive)

*Oil Marketing PSUs:* Government cuts excise duty on petro to zero and cuts duty on ATF (Positive)

*Petronet:* Company will set up a floating LNG receipt facility at Gopalpur port in Odisha at Rs 2,306 crore (Positive)

*Hindustan Petroleum:* Board approves raising up to `10,000 cr via NCDs on a private placement basis (Neutral)

*Delhivery:* To Be Added to the FTSE All Cap Index Adjustment for the same will take place (Neutral)

*Sapphire Foods:* Promoter entity Sapphire Foods Mauritius offloaded 39 lakh shares in Sapphire Foods (Neutral)

*Himatsingka Seide:* Company said its board members have approved issuance of securities in one or more tranches, worth up to $13 million (Neutral)

*Max Healthcare:* Company approved providing funding of up to Rs 300 crore to its wholly owned arm Max Hospitals (Neutral)

*GMM Pfaudler:* Promoter to sell 1.34 cr shares (29.88% equity) via BlockDeal: Media Sources

*FSN E-Commerce:* Foreign investor Kravis Investment Partners II LLC sold 3.67 crore shares

*Repco Home:* Apax Global Alpha sold 3.64 lakh shares in the company

EQUITY FLOWS IN EMERGING MARKETS, FOLLOW TELEGRAM.ME/ALLIESFIN

LAST HALF N HOUR CRUCIAL.
WEEKLY CLOSING,
FTSE REBALANCING,
PROFIT BOOKING,
SECTOR ROTATION,
NEWS LINED UP...

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 16-12-2022 :*

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

*TOTAL NET BUY : +2633* 😄

*INDEX FUT. : +513*

*INDEX OPT. : +1834*

*STOCK FUT. : +266*

*STOCK OPT. : +20*

*SEC. IN F&O BAN FOR, 19 DEC, 2022 :*

*1. BHEL 2. DELTACORP 3. GNFC 4. IBULHSGFIN 5. PNB 6. IRCTC 7. BALRAMCHIN*

*ADDITION : BALRAMCHIN*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 16-DEC-22 : (Rs. CRS)*

*FIIS : SELL -1,975 (10,602-12,577)* 😢

*DIIS : BUY +1,542 (7,954-6,412)* 😄

*BSE SENSEX : -461 (61,338)🔽*

*NSE NIFTY : -146 (18,269)🔽*

*BSE MIDCAP. : -376 (25,740)* 🔽

*BSE SMLCAP. : -285 (29,517)* 🔽

*B. CRUDE : $ 78.73* 🔽 😄

*GOLD: $1789=INR 53,850(10gr)* 🔼 🙂

*SILVER : RS. 69,900 (kg) (5pm) 🔼 🙂*

*FOREX : RS. : $ 82.87* 🔽 😔

*7.26% GOI '32 : 7.2768%(99.87)*🔼 😔

*7.54% GOI '36 : 7.3965% (101.20)* 🔼 😔

Scrips moving from A group to B and vice versa.

Accenture Q1FY23 results
Accenture Reports Strong First-Quarter Fiscal 2023 Results
-- Revenues are $15.7 billion, an increase of 5% in U.S. dollars and 15% in local currency --

-- Operating margin expands 20 basis points to 16.5%, with operating income increasing 7% to $2.59 billion --

-- EPS are $3.08, an 11% increase from $2.78 for the first quarter of fiscal 2022 --

-- New bookings are $16.2 billion across consulting and managed services with both at $8.1 billion --

-- Company declares quarterly cash dividend of $1.12 per share, up 15% from a year ago --

-- Accenture updates business outlook for fiscal 2023; raises EPS to $11.20 to $11.52; continues to expect revenue growth of 8% to 11% in local currency; and now expects foreign-exchange impact of negative 5% -

New Bookings

New bookings for the first quarter were $16.22 billion, a 3% decrease in U.S. dollars and a 6% increase in local currency from the first quarter last year.

Consulting new bookings were $8.11 billion, or 50% of total new bookings.
Managed Services new bookings were $8.11 billion, or 50% of total new bookings.
Revenues by Geographic Market

Revenues by geographic market were as follows:

North America: $7.62 billion, an increase of 10% in U.S. dollars and 11% in local currency compared with the first quarter of fiscal 2022.
Europe: $5.07 billion, a decrease of 0.5% in U.S. dollars and an increase of 17% in local currency compared with the first quarter of fiscal 2022.
Growth Markets: $3.05 billion, an increase of 3% in U.S. dollars and 19% in local currency compared with the first quarter of fiscal 2022.
Revenues by Industry Group

Revenues by industry group were as follows:

Communications, Media & Technology: $2.98 billion, an increase of 3% in U.S. dollars and 11% in local currency compared with the first quarter of fiscal 2022.
Financial Services: $2.96 billion, an increase of 2% in U.S. dollars and 13% in local currency compared with the first quarter of fiscal 2022.
Health & Public Service: $3.00 billion, an increase of 10% in U.S. dollars and 15% in local currency compared with the first quarter of fiscal 2022.
Products: $4.67 billion, an increase of 4% in U.S. dollars and 15% in local currency compared with the first quarter of fiscal 2022.
Resources: $2.14 billion, an increase of 10% in U.S. dollars and 21% in local currency compared with the first quarter of fiscal 2022.

Business Outlook

Second Quarter Fiscal 2023

Accenture expects revenues for the second quarter of fiscal 2023 to be in the range of $15.20 billion to $15.75 billion, an increase of 6% to 10% in local currency, reflecting the company’s assumption of an approximately negative 5% foreign-exchange impact compared with the second quarter of fiscal 2022.

Fiscal Year 2023

Accenture’s business outlook for the full 2023 fiscal year now assumes that the foreign-exchange impact on its results in U.S. dollars will be approximately negative 5% compared with fiscal 2022; the company previously expected a negative 6% foreign-exchange impact.

For fiscal 2023, the company continues to expect revenue growth to be in the range of 8% to 11% in local currency.

Accenture continues to expect operating margin for the full 2023 fiscal year to be in the range of 15.3% to 15.5%, an expansion of 10 to 30 basis points from fiscal 2022

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GST on husk of pulses reduced to 5%; tax on ethyl alcohol or biofuel down to 5% ##GST Council Meeting Live Updates | GST on husk of pulses reduced to 5%; tax on ethyl alcohol or biofuel down to 5%


-No tax increase on any item was announced at today's meeting. Revenue Secy said GST on online gaming and casinos was not discussed as the report of GoM on the issue submitted its report only a couple of days back. The report of the GoM was not even circulated to GST Council members, he added.


-GST reduction on husk on pulses was announced. Tax on husk reduced to nil from five percent. Ethyl alcohol or biofuel- supplied to refineries for blending with motor spirit (petrol) down to five percent from 18 percent.

Dec 13 post
https://telegram.me/A1GuruKulam/7103
Was it profit booking hint ?
And
Markets too it seriously 😳

SGX Nifty +33 pts (18363) from last trade 18330 ,


Nikkei -255 pts ,
Hangseng +22 pts ,
Around @ 6.52am .


Dow -281.67 pts ,Nsdq -105.11 pts, S&P
-43.39 pts , Bovespa -881 pts , Ftse -94 pts , Dax -93 pts , Cac -70 pts , Crude @ $74.65 brl (+0.36), Brent @ $79.39 brl (+0.35) , Gold @ 1802.00 (+1.80), Silver @ $23.395 (+0.06), Euro @ $1.0585, JPY @ $136.37, INR @ 82.705



*Today's Corporate Action*
*19th Dec Ex Date*




SHAWGELTIN
Special Dividend - Rs. - 100.0000 -




*Today's Key Results/Board Meetings*
*19-Dec-22*



ACROW
General      
FRUTION
General      
GAL
General      
GOODLUCK
Preferential Issue of shares;Issue Of Warrants
GUJSTATFIN
Quarterly Results    
HGS
Buy Back of Shares    
SBC
Buy Back of Shares    
SOURCENTRL
General      
TRU
Preferential Issue of shares;Issue Of Warrants
VISAGAR
Right Issue of Equity Shares  



*Stock under F&O ban on NSE*
*19-Dec-22*



1 BALRAMCHIN
2 BHEL
3 DELTACORP
4 GNFC
5 IBULHSGFIN
6 IRCTC
7 PNB

• Edelweiss Alternatives Platform to Buy L&T IDPL for $720 million
• India Approves Decriminalization of Some GST Offenses
• India Has Sufficient Food Grain Stock to Meet Needs: Ministry
• Indian Banks Considering Rupee Trade With Bangladesh, Egypt: PTI
• India Direct Tax Collections at INR8.77T as of Nov. 30, up 24%
• India’s Modi Discussed Trade and Security Cooperation in Call With Putin
• India Not Seen Hit by EU Action on Russia Oil Products Supplies
• India Official Reserves Rise to Highest Since August
• Boeing Closes In on Big 737 Max Order From Tata’s Air India
• Indian Farmers Boost Planting of Winter-Sown Wheat and Pulses
• Tata Motors to Find Place in India’s Benchmark Stock Index
• India to Sell Sovereign Gold Bonds in December And March
• India Implementing 241 Port Modernizations at INR2.4T Cost
• World Bank in $150M Loan Pact with India, Solar Energy Corp.
• RBI Board Reviewed Current Economic Situation, Challenges;Discussed Draft Report on Banking Trend & Progress
• India’S RBI Sold INR42.4B of Bonds in Secondary Market Last Week
• India’s Sensex Records Worst Weekly Drop in Three Months
• Dilip Buildcon (DBL): Gets Letter of Acceptance for INR16.47B Order for Hybrid Annuity Highway Project
• Mastek (MAST): Makes Strategic Investment in VolteoEdge
• Phoenix Mills (PHNX): Buys 7.22 Acre Land in Surat
• Sun Pharmaceutical Industries (SUNP): Sun Pharma Gets Warning Letter From USFDA for Halol Plant
• Tata Motors (TTMT): Unit in pact to supply, operate and maintain 921 electric buses in Bengaluru
• Tech Mahindra (TECHM): To Sell Dynacommerce Stake to Unit for 6.6M Euro

Stocks To Watch

Yes Bank: The private lender has concluded assignment of Rs 48,000 crore worth of stressed assets to JC Flowers Asset Reconstruction Co.

Sun Pharmaceuticals: The company received warning letter from USFDA for the Halol facility, which is under import alert by the regulator, summarising violations with respect to Current Good Manufacturing Practice regulations.

GMR Airports Infrastructure: GMR Airports International BV, a stepdown subsidiary of the company, y received Rs 1,389.90 crore against the sale of shares in GMR Megawide Cebu Airport Corporation and the issuance of exchangeable notes to Aboitiz InfraCapital Inc.

Shilpa Medicare: The company launched Capecitabine 1000 MG dispersible tablet with faster dispersion technology.

Tata Motors: Bengaluru Metropolitan Transport Corporation signed a definitive agreement with the company’s subsidiary TML Smart City Mobility Solutions for operating 921 electric buses in Bengaluru

The Phoenix Mills: The company completed acquisition of a 7.2-acre land parcel in Surat, Gujarat for Rs 510 crore.

Dilip Buildcon: The company received an new order worth Rs 1,647 crore for four-laning of Karimnagar Warangal Section of NH-563 in Telangana. The company also received an order worth Rs 1,955 crore for construction of four lane Urga-Pathalgaon section of NH-130A under Bharatmala Pariyojana' in Chhattisgarh. It received another order worth Rs 1,589 crore for development of six-lane Maradgi S Andola to Baswantpur (Package -III of Akkalkot-KNT/TS Border) in the state of Karnataka.

Tech Mahindra: The company will sell 100% stake in subsidiary Dynacommerce Holdings to step down subsidiary Comviva Netherlands BV for €6.6 million.

HDFC Bank: The board will meet on Jan. 14 to consider and approve the financial results for quarter ended Dec. 31, 2022.

Offerings

KFin Technologies: The initial public offering will open on Dec. 19 and continue till Dec. 21. The issue comprises solely of an offer for sale, where promoters will offload crore 4.09 shares worth Rs 1,500 crore, comprising 24.46% of the post-offer equity capital in the IPO. The price band for the issue has been pegged at Rs 347-366 per share.

Bulk Deals

Anzen India Energy Yield Plus Trust: Metro Family Holdings bought 10 lakh shares, Axis Bank sold 10 lakh shares at Rs 101.2 apiece.

GMM Pfaudler: Plutus Wealth Management LLP bought 9.5 lakh shares (2.11%) at Rs 1691.44 apiece, USSL as trustee of Universities Superannuation Scheme bought 7.3 lakh shares (1.62%) at Rs 1700 apiece, Integrated Core Strategies (Asia) 3.5 lakh shares (0.78%) at Rs 1,700 apiece, Indus Capital Advisors (UK) LLP a/c Indus India Fund (Mauritius) bought 3.08 lakh shares (0.69%) at Rs 1,690.96 apiece, Aditya Birla Sun Life Mutual Fund 9.71 lakh shares (2.16%) at Rs 1,700 apiece, Pfaudler sold 67.86 lakh shares (15.09%) at Rs 1,700.14 apiece, Pfaudler sold 10 lakh shares (2.22%) at Rs 1,702.87.

Suryoday Small Finance Bank: Baskar Babu Ramachandran sold 50 lakh shares (4.71%) at Rs 110.88 apiece, MS Param Value Investments bought 15 lakh shares (1.41%) at Rs 111.87 apiece.

Trading Tweaks

Ex date Special Dividend: Narmada Gelatines

Record date Special Dividend: Narmada Gelatines

Ex date Annual General Meeting: Sintex Industries, Tips Films, Sintex Plastic Technology

Move Into Short-Term ASM Framework: Nagreeka Capital & Infrastructure, Arvee Laboratories (India)

Move Out Of Short-Term ASM Framework: SEPC, Kanani Industries, Priti International

Insider Trades

Vaibhav Global: Promoter group Brett Enterprises bought 8,000 shares between Dec. 15 and Dec. 16.

Divi’s Laboratories: Promoter Divi Madhusudana Rao bought 5,000 shares between Dec. 13 and Dec. 14.

Bajaj Healthcare: Promoter group Anil Champalal Jain bought 5,500 shares on Dec. 14.

Valiant Organics: Promoter group Indira Madan Dedhia sold 4,500 shares between Dec. 14 and Dec. 15.

Star Cement: Promoter group Rahul Chamaria sold 1.16 lakh shares between Dec. 14 and Dec. 15, Promoter group Laxmi Chamaria sold 1.16 lakh shares on Dec. 13.

Geojit Financial Services: Promoter BNP Paribas SA sold 6.05 lakh shares on Dec. 14.

GATI: Promoter group TCI Finance sold 15,000 shares on Dec. 12 and Dec. 13.

NRB Bearings: Promoter group BRN Bearings Aziz Yousuf Zaveri bought 4,455 shares between Dec. 14 and Dec. 15.

Pledged Share Details

Reliance Power: Promoter Reliance Infrastructure invoked a pledge of 3.33 crore shares on Dec. 12.

F&O BAN

1️⃣ BALRAMCHIN
2️⃣ BHEL
3️⃣ DELTACORP
4️⃣ GNFC
5️⃣ IBULHSGFIN
6️⃣ IRCTC
7️⃣ PNB

*🔹INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 19-12-2022 :*

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

*TOTAL NET BUY : +6742* 😄😀

*INDEX FUT. : +1155*

*INDEX OPT. : 3583*

*STOCK FUT. : +1766*

*STOCK OPT. : +236*

*🔹SEC. IN F&O BAN FOR, 20 DEC, 2022 :*

*1. BHEL 2. DELTACORP 3. GNFC 4. IBULHSGFIN 5. PNB 6. IRCTC 7. BALRAMCHIN*

*ADDITION : NIL*
*DELETION : NIL*

*🔹INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 19-DEC-22 : (Rs. CRS)*

*FIIS : SELL -538 (5,276-5,814)* 😔

*DIIS : BUY +687 (4,616-3,928)* 😊

*BSE SENSEX : +468 (61,338)🔼*

*NSE NIFTY : +151 (18,421)🔼*

*BSE MIDCAP. : +173 (25,913)* 🔼

*BSE SMLCAP. : +85 (29,602)* 🔼

*B. CRUDE : $ 79.74* 🔼 😔

*GOLD: $1795=INR 54,250(10gr)* 🔼 🙂

*SILVER : RS. 69,750 (kg) (5pm) 🔽 😔*

*FOREX : RS. : $ 82.7050* 🔼 🙂

*7.26% GOI '32 : 7.2980%(99.7250)*🔼 😔

*7.54% GOI '36 : 7.4141% (101.05)* 🔼 😔

Mkt. Updates :

SGX Nifty -54 pts (18445) from last trade 18499 ,

Nikkei +88 pts ,
Hangseng -196 pts ,
Around @ 6.52am .

Dow -162.92 pts ,Nsdq -159.38 pts, S&P
-34.40 pts , Bovespa +1884 pts , Ftse +29 pts , Dax +49 pts , Cac +20 pts , Crude @ $75.53 brl (+0.34), Brent @ $80.10 brl (+1.02) , Gold @ 1796.90 (-0.80), Silver @ $23.175 (-0.02), Euro @ $1.061, JPY @ $136.94, INR @ 82.575


*US GOVT. 10-YEAR YIELD : 3.60%*


*Today's Corporate Action, 20 Dec Ex Date :*

PRATIK
Reduction of Capital  -
SANKHYAIN
Reduction of Capital  -
SARTHAKIND
Bonus issue 1:3 -


*Today's Key Results/Board Meetings , 20-Dec-22 :*

ASHIMASYN
General      
IKAB
General      
INLCM
General      
JYOTIRES
General      
LESHAIND
General      
RAJPALAYAM
Right Issue of Equity Shares  
SCTL
Preferential Issue of shares  
SMLT
Interim Dividend;General  


*SEC. IN F&O BAN FOR, 20 DEC, 2022 :*

*1. BHEL 2. DELTACORP 3. GNFC 4. IBULHSGFIN 5. PNB 6. IRCTC 7. BALRAMCHIN*

*ADDITION : NIL*
*DELETION : NIL*


*Today's Alert :*

*RBI to Conduct Auction of SDLS BONDS for INR 140.28 Billion*

India Daybook – Stocks in News

Telegram.me/AlliesFin

*NBCC:* Bags Construction Order Worth Rs 69.3 Crores From Odisha Power Transmission Corporation (Positive)

*DFM Foods:* Outcome of Reverse Book Building Process / Delisting Process Discovered Price of Rs 525/ Share (Positive)

*BPCL:* To consider proposal on investment in major projects (Positive)

*Ipca Laboratories:* The company has acquired an additional 6.53 percent stake in Trophic Wellness (TWPL) (Positive)

*IRCTC:* LIC's holding in IRCTC increases to 7.28% from 5% since Oct 17 (From Agencies) (Positive)

*Hinduja Global:* Board Approves Buyback Of 60 Lakh Shares Worth Rs 1,020 Crore Via Tender Offer (Positive)

*Vikas Lifecare:* Material subsidiary Genesis Gas Solutions has received the technical advisory contract from Dornier Group GmbH. (Positive)

*IRB Infra:* Board meeting on Jan 4 to consider stock split (Positive)

*Minda Corp:* Exports to increase from 12% of business to 20% (Positive)

*Aviation stocks:* Domestic Traffic Jan-Nov +52.19% at 11.05 Cr (YoY) (Positive)

*Hind Zinc:* Company is planning to invest over $1 billion to convert its diesel-fired mining vehicles into battery-operated ones (Positive)

*Just Dial:* Promoter Reliance Retail Ventures To Sell 2% In Company (Neutral)

*SW Solar:* Promoters To Sell Upto 5.27% Stake Via OFS (Neutral)

*HDFC:* Had revised its Retail Prime Lending Rate On Housing Loans (Neutral)

*Dabur:* Promoters are likely to sell shares worth Rs 800 crore via block deals (Neutral)

• Dabur Promoters Plan to Sell Stake Worth INR 8b: CNBC Awaaz

• India Seized $110 Million From Crypto Frauds, Minister Says

• India Coal Mine Auction Bid Due Date Extended Until Jan. 13

• India’s HDFC Targets Issuing One Million Credit Cards A Month

o HDFC Bank forming pact across online retail, airlines

• Adani Launches Digital Consumer App for Airport Services

• India Nov. Oilmeals Exports Rise to 407,193 Tons

• India’s Oct. 1-Dec. 15 Sugar Output Rises 5.4% Y/y, Group Says

• Indian Company Private Bond Sales Rose 39% W/w to INR340.7B

• Emerging Market ETFs Rise for 6th Week in $9.18 Bln Streak

• Global Funds Sell Net INR5.38B of India Stocks on Monday: NSE

o Domestic funds buy net 6.87b rupees of stocks

• With Inflation Past Peak, KKR’s McVey Says It’s Time to Add Risk

o KKR cut its inflation forecast for next year to 3.9% from 4.8%

• Govt to take view on privatisation of public sector banks after consultation with dept, regulator: PTI

• India’s coal production to touch 1b tonnes next fiscal, Govt informs Parliament: PTI

• Three SAIL projects worth over INR15b face delay, Kulaste: PTI

• Google to spend USD 75 mn on women-led India startups; India to be big export economy, Says Sundar Pichai: PTI

• 5pm: Mumbai. SEBI Chairperson Madhabi Puri Buch to address media at SEBI Bhavan

• Bank of India (BOI): Says infused INR579.2m in JV Star Union Dai-Ichi Life Insurance Co. via rights issue

• Coal India (COAL): Imports 358,000 Ton Coal from Indonesia on behalf of Thermal Power Plants of State GENCOs and Independent Power Plant

• DFM Foods DFMF): Advent International Could Pay Nearly Double to Delist DFM Foods

• Gail India (GAIL): Seeks Spot Cargo for Jan. Delivery: LNG Tender

• Housing Development Finance (HDFC): Increases retail prime lending rate by 35bps from Dec. 20

• Life Insurance Corp. (LICI): Says holding in IRCTC increases to 7.28% from 5% since Oct. 17

• New Delhi Television (NDTV): Adani group holding in NDTV increases to 37.45% after buys 8.27% stake via open offer

• Nitco (NITCO): Says signed memorandum of settlement with labor union

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 20-12-2022 :*

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

*TOTAL NET SELL : -1730* 😢

*INDEX FUT. : -2986*

*INDEX OPT. : +2333*

*STOCK FUT. : -1129*

*STOCK OPT. : +52*


*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 20-DEC-22 : (Rs. CRS)*

*FIIS : BUY +456 (5,678-5,222)* 🙂

*DIIS : BUY +495 (4,951-4,456)* 🙂

*BSE SENSEX : -104 (61,702)🔽*

*NSE NIFTY : -35 (18,385)🔽*

*BSE MIDCAP. : -69 (25,853)* 🔽

*BSE SMLCAP. : -05 (29,596)* 🔽

*B. CRUDE : $ 79.99* 🔼 😔

*GOLD: $1808=INR 54,530(10gr)* 🔼 🙂

*SILVER : RS. 69,600 (kg) (5pm) 🔽 😔*

*FOREX : RS. : $ 82.7550* 🔽 😔

*7.26% GOI '32 : 7.2991%(99.7175)*↔️ 😔

*7.54% GOI '36 : 7.4141% (101.05)* ↔️ 😳

• India Needs More Flexible Spending Management: Finance Ministry

• Domestic Drivers Boost India Growth Outlook, Says RBI

• India Affirmed at BBB- by Fitch, Outlook remains stable

• India to Stop Firms Buying Back Shares From Open Market

• India Cotton Group Cuts 2022-23 Output Estimate to 33.98M Bales

• India’s November Crude Oil Imports Highest in 4 Months

• Russia’s Oil Exports Collapsed Since G-7 Sanctions Began

• GSF to Invest USD 550 Million in India’s K12 School Sector

• Global Funds Buy Net INR4.56B of India Stocks on Tuesday: NSE

o Domestic funds buy net 4.95b rupees of stocks

• Health Minister Mandaviya to review Covid situation Wednesday amid spurt in cases in US, China: PTI

• NCLT to hear on progress of Future Retail’s insolvency resolution process

• Reserve Bank to release minutes of Dec. 5-7 policy meeting

• Bharat Petrolium (BPCL): BPCL Offers 0.5% Sulfur Marine Fuel for January: OIL TENDER

• Bharti Airtel (BHARTI): Acquires strategic stake in tech start-up Lemnisk; both will work together to build CDP platform

• Central Bank of India (CBOI): Plans to raise capital via issuance of Tier II bonds on Dec. 26

• Dabur India (DABUR): Says entities of Burman family sold 1% of Dabur shares via block deal

• Dr. Reddy’s (DRRD): Journey Medical Reports Positive Comparative PK Data for DFD-29

• Future Enterprise (FEL): Defaults on interest payment of INR60.7m

• UNO Minda (UNOMINDA): Signs tech license pact with S. Korea’s Asentec for Wheel Speed Sensors

India Daybook – Stocks in News


Uno Minda: Company has entered into a licence agreement with Ascentec, Korea to strengthen its advance automotive sensors product portfolio (Positive)

Bharti Airtel: Company has entered into an agreement for the acquisition of 8 percent stake in a technology startup, Lemnisk (Positive)

Shyam Metalics: Company to conclude acquisition of Mittal Corp (Positive)

Dixon Tech: Rs 58.29 cr of incentives approved for Padget Electronics for incremental sales (Positive)

Jubilant Foods: Domino's launches 20-minute delivery service in 20 zones across 14 cities in India (Positive)

Visaka: Its Rs 130-crore plant that is being built in West Bengal will be operational by August 2023. (Positive)

Salasar Techno: The company said it has bagged orders of about Rs 750 crore from Pashchimanchal Vidyut Vitran Nigam (Positive)

Steel Companies: Steel Ministry releases the list of companies shortlisted for PLI scheme (Positive)

VIP Clothing: Company has recently sold its Umbergaon factory and raised Rs 10.41 crore (Positive)

NDTV: LTS Investment Fund has sold 4.08 lakh shares in NDTV via open market transactions (Neutral)

Jubilant Ingrevia: Company has raised Rs 150 crore via the issuance of commercial papers (Neutral)

Dabur: Promoters the Burman family have sold shares amounting to about 1 per cent stake in the company (Neutral)

Union Bank: Subscribes 2 cr shares of Star Union Dai-Ichi Life Insurance Company (Neutral)

Central Bank: To consider the proposal of raising capital via tier ii bonds on Dec 26 (Neutral)

Mindspace: Company has completed the issuance of commercial papers of Rs 100 crore (Neutral)

GAIL: Company has raised Rs 1,575 crore via issuance of 15,750, 7.34 percent non-convertible debentures (Neutral)

Sudarshan Chemical: Norges Bank on account of the Government Pension Fund Global has sold 7.03 lakh shares

City Union Bank: The Bank has announced divergence in NPAs to the tune of Rs 259 crore consisting of 13 borrower accounts

BOOK PROFITS WHERE EVER POSSIBLE OR HEDGE OR TRAIL SL OR WORK ON YOUR EXIT PLAN.

THIS IS REMINDER 2
REMINDER 1 on 15 DEC 22,
https://telegram.me/A1GuruKulam/7123

WORKING ?

https://t.me/AlliesFin/12468