*INSTL. INVESTORS EQUITY DERIVATIVES TRADES AS ON : 21-03-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -596* 😩
*INDEX FUT. : -129*
*INDEX OPT. : -2441*
*STOCK FUT. : +2196*
*STOCK OPT. : -222*
*SEC. IN F&O BAN FOR, 22 MAR, 2023 :*
*1. BIOCON 2. IBULLHSGFIN*
*ADDITION : NIL*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 21-MAR-2023 :*
*FIIS : SELL -1,455 (5,900-7,355)* 😢
*DIIS : BUY +1,946 (7,628-5,682)* 😀
*BSE SENSEX : +446 (58075)🔼*
*NSE NIFTY : +119 (17,107)*🔼
*BSE MIDCAP. : +157 (23,999)*🔼
*BSE SMLCAP. : +135 (27,034)*🔼
*B. CRUDE : $ 74.94* 🔼 😢
*GOLD: $1952=INR 58,700(10gr)* 🔽 😩
*SILVER : RS. 72,450 (kg) (5pm) 🔼 🙂*
*FOREX : RS. $ 82.6550* 🔽 😔
*7.26% GOI '32 : 7.3495%(99.39)* 🔼😔
*7.41% GOI '36 : 7.4069% (100.01)* 🔼 😔
*7.26% GOI NEW '33: 7.3335% (99.4775)*🔼😔
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -596* 😩
*INDEX FUT. : -129*
*INDEX OPT. : -2441*
*STOCK FUT. : +2196*
*STOCK OPT. : -222*
*SEC. IN F&O BAN FOR, 22 MAR, 2023 :*
*1. BIOCON 2. IBULLHSGFIN*
*ADDITION : NIL*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 21-MAR-2023 :*
*FIIS : SELL -1,455 (5,900-7,355)* 😢
*DIIS : BUY +1,946 (7,628-5,682)* 😀
*BSE SENSEX : +446 (58075)🔼*
*NSE NIFTY : +119 (17,107)*🔼
*BSE MIDCAP. : +157 (23,999)*🔼
*BSE SMLCAP. : +135 (27,034)*🔼
*B. CRUDE : $ 74.94* 🔼 😢
*GOLD: $1952=INR 58,700(10gr)* 🔽 😩
*SILVER : RS. 72,450 (kg) (5pm) 🔼 🙂*
*FOREX : RS. $ 82.6550* 🔽 😔
*7.26% GOI '32 : 7.3495%(99.39)* 🔼😔
*7.41% GOI '36 : 7.4069% (100.01)* 🔼 😔
*7.26% GOI NEW '33: 7.3335% (99.4775)*🔼😔
*SGX Nifty -15 pts (17154) from last trade 17169 ,*
Nikkei +401 pts ,
Hangseng +170 pts ,
Around @ 6.52am .
Dow +316.02 pts ,Nsdq +184.57 pts, S&P +51.30 pts , Bovespa +75 pts , Ftse +132 pts , Dax +261 pts , Cac +99 pts , Crude @ $69.33 brl (+0.00), Brent @ $75.05 brl (-0.24) , Gold @ 1948.30 (+7.20), Silver @ $22.555 (+0.13), Euro @ $1.0768, JPY @ $132.41, INR @ 82.675
*Today's Corporate Action*
*23rd Mar Ex Date*
None
*Today's Board Meetings*
*22-Mar-23*
ANGELONE
Interim Dividend
ASSOCER
General
INDRENEW
General
NITINCAST
General
PERSISTENT
General
UNICK
General
ZDHJERK
General
*Stock under F&O ban on NSE*
*22-Mar-23*
1 BIOCON
2 IBULHSGFIN
Nikkei +401 pts ,
Hangseng +170 pts ,
Around @ 6.52am .
Dow +316.02 pts ,Nsdq +184.57 pts, S&P +51.30 pts , Bovespa +75 pts , Ftse +132 pts , Dax +261 pts , Cac +99 pts , Crude @ $69.33 brl (+0.00), Brent @ $75.05 brl (-0.24) , Gold @ 1948.30 (+7.20), Silver @ $22.555 (+0.13), Euro @ $1.0768, JPY @ $132.41, INR @ 82.675
*Today's Corporate Action*
*23rd Mar Ex Date*
None
*Today's Board Meetings*
*22-Mar-23*
ANGELONE
Interim Dividend
ASSOCER
General
INDRENEW
General
NITINCAST
General
PERSISTENT
General
UNICK
General
ZDHJERK
General
*Stock under F&O ban on NSE*
*22-Mar-23*
1 BIOCON
2 IBULHSGFIN
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 22-03-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -12528* 😩
*INDEX FUT. : -100*
*INDEX OPT. : +487*
*STOCK FUT. : -13038*
*STOCK OPT. : +123*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 22-MAR-2023 :*
*FIIS : BUY +61 (6,159-6,098)* 🙂
*DIIS : BUY +383 (4,755-4,372)* 🙂
*BSE SENSEX : +140 (58,215)🔼*
*NSE NIFTY : +44 (17,151)*🔼
*BSE MIDCAP. : +43 (24,042)*🔼
*BSE SMLCAP. : +147 (27,181)*🔼
*B. CRUDE : $ 75.19* 🔼 😔
*GOLD: $1944=INR 58,400(10gr)* 🔽 😔
*SILVER : RS. 71,950 (kg) (5pm) 🔽 😔*
*FOREX : RS. $ 82.6550* 🔽 😔 (Close)
*7.26% GOI '32 : 7.3495%(99.39)* 🔼😔(Close)
*7.41% GOI '36 : 7.4069% (100.01)* 🔼 😔(Close)
*7.26% GOI NEW '33: 7.3335% (99.4775)*🔼😔(Close)
Again 13000 crores options selling.
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -12528* 😩
*INDEX FUT. : -100*
*INDEX OPT. : +487*
*STOCK FUT. : -13038*
*STOCK OPT. : +123*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 22-MAR-2023 :*
*FIIS : BUY +61 (6,159-6,098)* 🙂
*DIIS : BUY +383 (4,755-4,372)* 🙂
*BSE SENSEX : +140 (58,215)🔼*
*NSE NIFTY : +44 (17,151)*🔼
*BSE MIDCAP. : +43 (24,042)*🔼
*BSE SMLCAP. : +147 (27,181)*🔼
*B. CRUDE : $ 75.19* 🔼 😔
*GOLD: $1944=INR 58,400(10gr)* 🔽 😔
*SILVER : RS. 71,950 (kg) (5pm) 🔽 😔*
*FOREX : RS. $ 82.6550* 🔽 😔 (Close)
*7.26% GOI '32 : 7.3495%(99.39)* 🔼😔(Close)
*7.41% GOI '36 : 7.4069% (100.01)* 🔼 😔(Close)
*7.26% GOI NEW '33: 7.3335% (99.4775)*🔼😔(Close)
Again 13000 crores options selling.
🇺🇸 FED RATE DECISION TONIGHT at 11.30pm
*Expected 25bps up and make Interest rate at 5%*
🟩No hike, Big positive for Stock Market.
🟨25bps Hike, neutral to bad for Market
🟥50bps Hike, Leads to Big sell off in the Market.
*Very Important Is :*
1) Interest Rate Projection which is 5.10%
2) Fomc speech for future interest rate expectation.
*Expected 25bps up and make Interest rate at 5%*
🟩No hike, Big positive for Stock Market.
🟨25bps Hike, neutral to bad for Market
🟥50bps Hike, Leads to Big sell off in the Market.
*Very Important Is :*
1) Interest Rate Projection which is 5.10%
2) Fomc speech for future interest rate expectation.
Key take aways from S. Naren, CIO, ICICI Prudential AMC.
25 takeaways.
(Don't miss points 13-18)
1. At 17k, valns more reasonable
2. Macro funds too short on everything
3. Tactically a good rally possible
4. Dont think we will see big returns from here though
5. Banks much more reasonably valued, but are well owned
6. Autos are attractive, implied assumptions are reasonable
7. Telecom ARPUs can grow over 2-3 years
8. I.T. svcs can see a re-rating over a longer term
9. Pharma has done badly,scope for returns over medium term
10. Will be interested if we get new age stocks very cheap in IPOs
11. PSU banks have corrected in last 3 mths, maybe there is scope for near term rallies
12. For banks to perform consistently, should not have 'credit events', that is the challenge for PSBs
13. Between 2008-2021 we had printing presses running non-stop in US & Europe
14. You have to take a call whether printing presses will re-open in US & Europe
15. If money printing does not resume, cannot look at valns of last 10 years as a reference point
16. When I tell investors, that 15% is not a given anymore, people think I'am a bear
17. I'am not a bear, but a believer in moderate equity returns, since we don't have money printing in US & Europe. If Fed restarts QE, I will change my view
18. Without QE, we will be in a moderate/low return world, not a high return world
19. Multi-asset is the way to go in terms of allocation
20. 'Value' has done very well, thinking about 'growth' now in terms of coming back into favor
21. Pvt equity & VCs have realised that they can't IPO new-age cos at absurb valuations
22. Many of the new age cos have already made corp governance mistakes
23. New age companies have a lot to learn from older listed companies
24. Anything which the govt does to help the rural sector/bottom rung of economic strata, will be viewed very positively by markets
25. This year (2023) is a year to invest to reap returns in 2025 & 2026.
Compiled from the tweets of Prashant Nair - CNBC
25 takeaways.
(Don't miss points 13-18)
1. At 17k, valns more reasonable
2. Macro funds too short on everything
3. Tactically a good rally possible
4. Dont think we will see big returns from here though
5. Banks much more reasonably valued, but are well owned
6. Autos are attractive, implied assumptions are reasonable
7. Telecom ARPUs can grow over 2-3 years
8. I.T. svcs can see a re-rating over a longer term
9. Pharma has done badly,scope for returns over medium term
10. Will be interested if we get new age stocks very cheap in IPOs
11. PSU banks have corrected in last 3 mths, maybe there is scope for near term rallies
12. For banks to perform consistently, should not have 'credit events', that is the challenge for PSBs
13. Between 2008-2021 we had printing presses running non-stop in US & Europe
14. You have to take a call whether printing presses will re-open in US & Europe
15. If money printing does not resume, cannot look at valns of last 10 years as a reference point
16. When I tell investors, that 15% is not a given anymore, people think I'am a bear
17. I'am not a bear, but a believer in moderate equity returns, since we don't have money printing in US & Europe. If Fed restarts QE, I will change my view
18. Without QE, we will be in a moderate/low return world, not a high return world
19. Multi-asset is the way to go in terms of allocation
20. 'Value' has done very well, thinking about 'growth' now in terms of coming back into favor
21. Pvt equity & VCs have realised that they can't IPO new-age cos at absurb valuations
22. Many of the new age cos have already made corp governance mistakes
23. New age companies have a lot to learn from older listed companies
24. Anything which the govt does to help the rural sector/bottom rung of economic strata, will be viewed very positively by markets
25. This year (2023) is a year to invest to reap returns in 2025 & 2026.
Compiled from the tweets of Prashant Nair - CNBC
💥FED HIKE 0.25 basis point💥
FED PROJECTIONS SHOW THERE WILL BE ONE MORE 25 BASIS POINT HIKE THIS YEAR AND 75 BASIS POINT CUTS IN 2024.
FED PROJECTIONS SHOW THERE WILL BE ONE MORE 25 BASIS POINT HIKE THIS YEAR AND 75 BASIS POINT CUTS IN 2024.
*SGX Nifty -72 pts (17112) from last trade 17184 ,*
Nikkei -169 pts ,
Hangseng +28 pts ,
Now @ 6.54am .
Dow -530.49 pts ,Nsdq -190.15 pts, S&P -65.90 pts , Bovespa -777 pts , Ftse +30 pts , Dax +20 pts , Cac +18 pts , Crude @ $70.26 brl (-0.64), Brent @ $76.10 brl (-0.59) , Gold @ 1974.90 (+25.30), Silver @ $23.15 (+0.37), Euro @ $1.0883, JPY @ $130.85, INR @ 82.485
*Today's Corporate Action*
*23rd Mar Ex Date*
MIDHANI
Interim Dividend - Rs. - 1.6800
*Today's Board Meetings*
*23-Mar-23*
AARTECH
General
ANDHRACEMT
Preferential Issue of shares
KESARPE
General
METROBRAND
General
RADHIKAJWE
Stock Split
RNBDENIMS
General
SKIFL
General
*Stock under F&O ban on NSE*
*23-Mar-23*
1 BIOCON
2 IBULHSGFIN
Nikkei -169 pts ,
Hangseng +28 pts ,
Now @ 6.54am .
Dow -530.49 pts ,Nsdq -190.15 pts, S&P -65.90 pts , Bovespa -777 pts , Ftse +30 pts , Dax +20 pts , Cac +18 pts , Crude @ $70.26 brl (-0.64), Brent @ $76.10 brl (-0.59) , Gold @ 1974.90 (+25.30), Silver @ $23.15 (+0.37), Euro @ $1.0883, JPY @ $130.85, INR @ 82.485
*Today's Corporate Action*
*23rd Mar Ex Date*
MIDHANI
Interim Dividend - Rs. - 1.6800
*Today's Board Meetings*
*23-Mar-23*
AARTECH
General
ANDHRACEMT
Preferential Issue of shares
KESARPE
General
METROBRAND
General
RADHIKAJWE
Stock Split
RNBDENIMS
General
SKIFL
General
*Stock under F&O ban on NSE*
*23-Mar-23*
1 BIOCON
2 IBULHSGFIN
#options #traders THE #RULES FOR THE #GAME ARE #CHANGING, STAY AWAKE @ALLiESFiN9 #stockmarketindia #trading
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 23-03-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +9606* 😀😀
*INDEX FUT. : +1014*
*INDEX OPT. : +8638*
*STOCK FUT. : -121*
*STOCK OPT. : +75*
*SEC. IN F&O BAN FOR, 24 MAR, 2023 :*
*1. BIOCON 2. IBULLHSGFIN 3. HAL*
*ADDITION : HAL*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 23-MAR-2023 :*
*FIIS : SELL -995 (5,940-6,935)* 😩
*DIIS : BUY +1,669 (6,185-4,516)* 😀
*BSE SENSEX : -289 (57,925)🔽*
*NSE NIFTY : -75 (17,076)*🔽
*BSE MIDCAP. : -108 (23,933)*🔽
*BSE SMLCAP. : -41 (27,140)*🔽
*B. CRUDE : $ 77.15* 🔼 😢
*GOLD: $1980=INR 59,000(10gr)* 🔼 😊
*SILVER : RS. 72,950 (kg) (5pm) 🔼 😀*
*FOREX : RS. $ 82.2625* 🔼 😊
*7.26% GOI '32 : 7.3480%(99.40)* ↔️😳
*7.41% GOI '36 : 7.3998% (100.07)* 🔽 🙂
*7.26% GOI NEW '33: 7.3273% (99.52)*🔽🙂
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +9606* 😀😀
*INDEX FUT. : +1014*
*INDEX OPT. : +8638*
*STOCK FUT. : -121*
*STOCK OPT. : +75*
*SEC. IN F&O BAN FOR, 24 MAR, 2023 :*
*1. BIOCON 2. IBULLHSGFIN 3. HAL*
*ADDITION : HAL*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 23-MAR-2023 :*
*FIIS : SELL -995 (5,940-6,935)* 😩
*DIIS : BUY +1,669 (6,185-4,516)* 😀
*BSE SENSEX : -289 (57,925)🔽*
*NSE NIFTY : -75 (17,076)*🔽
*BSE MIDCAP. : -108 (23,933)*🔽
*BSE SMLCAP. : -41 (27,140)*🔽
*B. CRUDE : $ 77.15* 🔼 😢
*GOLD: $1980=INR 59,000(10gr)* 🔼 😊
*SILVER : RS. 72,950 (kg) (5pm) 🔼 😀*
*FOREX : RS. $ 82.2625* 🔼 😊
*7.26% GOI '32 : 7.3480%(99.40)* ↔️😳
*7.41% GOI '36 : 7.3998% (100.07)* 🔽 🙂
*7.26% GOI NEW '33: 7.3273% (99.52)*🔽🙂
👍1
*SGX Nifty -27 pts (17055) from last trade 17082 ,*
Nikkei -151 pts ,
Hangseng -130 pts ,
Around @ 6.52am .
Dow +75.14 pts ,Nsdq +17.44 pts, S&P +11.74 pts , Bovespa -2294 pts , Ftse -67 pts , Dax -5 pts , Cac +8 pts , Crude @ $69.43 brl (-0.53), Brent @ $75.39 brl (-0.52) , Gold @ 1996.90 (+1.00), Silver @ $23.23 (-0.02), Euro @ $1.0827, JPY @ $130.36, INR @ 82.235
*Today's Corporate Action*
*24th Mar Ex Date*
ABSLAMC
Interim Dividend - Rs. - 5.0000
AJANTPHARM
Buy Back of Shares
BEL
Interim Dividend - Rs. - 0.6000
GLS
Interim Dividend - Rs. - 21.0000
GROWINGTON
Bonus issue 24:100
SAIL
Interim Dividend - Rs. - 1.0000
STYRENIX
Interim Dividend - Rs. - 80.0000
SUNCLAYLTD
Scheme of Arrangement
VIVANZA
Stock Split From Rs.10/- to Rs.1/-
VKAL E.G.M.
*Today's Board Meetings*
*24-Mar-23*
DECOMIC
General
MANAPPURAM
General
OMEGAIN
General
SVPHOUSING
General
VINTAGES
General
WARDINMOBI
General
27-Mar-23
CONCORD
General
HDFC
General
MYSPAPE
Quarterly Results
*Stock under F&O ban on NSE*
*24-Mar-23*
1 BIOCON
2 HAL
3 IBULHSGFIN
Nikkei -151 pts ,
Hangseng -130 pts ,
Around @ 6.52am .
Dow +75.14 pts ,Nsdq +17.44 pts, S&P +11.74 pts , Bovespa -2294 pts , Ftse -67 pts , Dax -5 pts , Cac +8 pts , Crude @ $69.43 brl (-0.53), Brent @ $75.39 brl (-0.52) , Gold @ 1996.90 (+1.00), Silver @ $23.23 (-0.02), Euro @ $1.0827, JPY @ $130.36, INR @ 82.235
*Today's Corporate Action*
*24th Mar Ex Date*
ABSLAMC
Interim Dividend - Rs. - 5.0000
AJANTPHARM
Buy Back of Shares
BEL
Interim Dividend - Rs. - 0.6000
GLS
Interim Dividend - Rs. - 21.0000
GROWINGTON
Bonus issue 24:100
SAIL
Interim Dividend - Rs. - 1.0000
STYRENIX
Interim Dividend - Rs. - 80.0000
SUNCLAYLTD
Scheme of Arrangement
VIVANZA
Stock Split From Rs.10/- to Rs.1/-
VKAL E.G.M.
*Today's Board Meetings*
*24-Mar-23*
DECOMIC
General
MANAPPURAM
General
OMEGAIN
General
SVPHOUSING
General
VINTAGES
General
WARDINMOBI
General
27-Mar-23
CONCORD
General
HDFC
General
MYSPAPE
Quarterly Results
*Stock under F&O ban on NSE*
*24-Mar-23*
1 BIOCON
2 HAL
3 IBULHSGFIN
#Clearing #Price of Rs 2472.00 fixed for Non #Retail portion for #OFS Issue of #Hindustan #Aeronauticss Ltd OFS #HAL #BID #OFFER #ALLiESFiN #stockmarketindia #stocktowatch
Today's Headlines from :
Economic Times
📝 Banks face losses of up to 10% on long-dated G-Secs as yields rise
📝 Modified PLI, export incentives in works for small & medium units
📝 Vedanta to consider fifth interim dividend on March 28
📝 Tata Group is planning to give its super app a Neu $2 bn boost
📝 Accenture reports Q2 revenue at $15.8 bn, beats estimates; trims Q3 forecasts
📝 Centre allows import of urea through India Potash till March 2024
📝 Canara Bank sells stake in Russian joint venture to SBI for Rs 121 crore
📝 Adani Power sells 100 pc equity in Support Properties to AdaniConnex for Rs 1,556 crore
📝 C-DoT says Rs 700 crore corpus available to fund startups, no limit to fund right innovation
📝 Reveal HealthTech raises $4 million in funding from W Health Ventures
📝 Travel tech startup Mystifly raises $8 million in funding from Cornerstone Venture Partners, others
Business Standard
📝 Finance ministry asks public sector banks to share bond portfolio data
📝 Accenture to cut 19,000 jobs as IT spending slows; India impact unclear
📝 India's ONDC forays into the mobility segment; takes on Uber and Ola
📝 Amazon's accelerator programme to support 50 Indian D2C startups
📝 India's e-comm mkt to grow from $83 bn in 2022 to $185 bn in 2026: Report
📝 ICRA upgrades outlook on infra finance firms to 'positive' from 'stable'
📝 MSME loan delinquencies dip to 3% by September, shows CIBIL data
📝 RBI to hold five-day variable rate repo auction worth Rs 75k cr on March 24
📝 Sebi board to approve new ESG framework at upcoming meeting on March 29
📝 IDFC First Bank to issue 377.5 million share to IDFC Financial Holding
📝 CCI approves ADIA's stake buy in Lenskart under green channel route
📝 Mercedes-Benz plans to launch 4 electric vehicles in India in 8-12 months
Financial Express
📝 IndiGo to expand fleet to 350 aircraft by FY24 end
📝 Nxtra aims at enterprise consumer base of 1,000
📝 Vedanta board to consider fifth interim dividend
📝 Rupee gains 32 paise to close at 82.27 against US dollar
📝 Axis Ecorp forays into hospitality segment; plans to open 10-12 premium resorts in 3 years
Mint
📝 HAL OFS subscribed 4.5 times on day one
📝 Gadkari pledges ₹2 lakh crore investment for road infra in Jharkhand
📝 India aims to launch a 1000 times faster 6G network by 2030
📝 Ford projects $3 Billion Loss on EV Business for 2023
📝 BOE hikes benchmark lending rate by a quarter point to 4.25%
📝 Chalet Hotels acquires 80-room hotel in Khandala for ₹133 crore
📝 L&T signs agreement with France-based McPhy for electrolyzer manufacturing
📝 India’s energy consumption grows 10.4% so far in FY23.
Economic Times
📝 Banks face losses of up to 10% on long-dated G-Secs as yields rise
📝 Modified PLI, export incentives in works for small & medium units
📝 Vedanta to consider fifth interim dividend on March 28
📝 Tata Group is planning to give its super app a Neu $2 bn boost
📝 Accenture reports Q2 revenue at $15.8 bn, beats estimates; trims Q3 forecasts
📝 Centre allows import of urea through India Potash till March 2024
📝 Canara Bank sells stake in Russian joint venture to SBI for Rs 121 crore
📝 Adani Power sells 100 pc equity in Support Properties to AdaniConnex for Rs 1,556 crore
📝 C-DoT says Rs 700 crore corpus available to fund startups, no limit to fund right innovation
📝 Reveal HealthTech raises $4 million in funding from W Health Ventures
📝 Travel tech startup Mystifly raises $8 million in funding from Cornerstone Venture Partners, others
Business Standard
📝 Finance ministry asks public sector banks to share bond portfolio data
📝 Accenture to cut 19,000 jobs as IT spending slows; India impact unclear
📝 India's ONDC forays into the mobility segment; takes on Uber and Ola
📝 Amazon's accelerator programme to support 50 Indian D2C startups
📝 India's e-comm mkt to grow from $83 bn in 2022 to $185 bn in 2026: Report
📝 ICRA upgrades outlook on infra finance firms to 'positive' from 'stable'
📝 MSME loan delinquencies dip to 3% by September, shows CIBIL data
📝 RBI to hold five-day variable rate repo auction worth Rs 75k cr on March 24
📝 Sebi board to approve new ESG framework at upcoming meeting on March 29
📝 IDFC First Bank to issue 377.5 million share to IDFC Financial Holding
📝 CCI approves ADIA's stake buy in Lenskart under green channel route
📝 Mercedes-Benz plans to launch 4 electric vehicles in India in 8-12 months
Financial Express
📝 IndiGo to expand fleet to 350 aircraft by FY24 end
📝 Nxtra aims at enterprise consumer base of 1,000
📝 Vedanta board to consider fifth interim dividend
📝 Rupee gains 32 paise to close at 82.27 against US dollar
📝 Axis Ecorp forays into hospitality segment; plans to open 10-12 premium resorts in 3 years
Mint
📝 HAL OFS subscribed 4.5 times on day one
📝 Gadkari pledges ₹2 lakh crore investment for road infra in Jharkhand
📝 India aims to launch a 1000 times faster 6G network by 2030
📝 Ford projects $3 Billion Loss on EV Business for 2023
📝 BOE hikes benchmark lending rate by a quarter point to 4.25%
📝 Chalet Hotels acquires 80-room hotel in Khandala for ₹133 crore
📝 L&T signs agreement with France-based McPhy for electrolyzer manufacturing
📝 India’s energy consumption grows 10.4% so far in FY23.
👍1
#BREAKING #NEWS !
#Debt #mutual #funds bought after #April 1st, 2023 & held for over 3 yrs, will NO longer enjoy #indexation benefit NOR will be eligible for 20% #tax rate.
Brings bank FDs on-par with debt MFs.
A big positive for banks.
Debt mutual funds bought after April 1st, 2023 & held for over 3 years, will no longer enjoy indexation benefit nor will be eligible for long term capital gain tax (20% tax rate). View: Currently, investors in debt funds pay income tax on capital gains according to their income tax slab for a holding period of three years and after that, they are taxed at the rate of 20% with indexation benefits or 10% without indexation. This amendment in the recent Finance bill 2023 brings bank FDs on-par with debt MFs. The proposal is likely to give a boost to bank fixed deposits & also pure equity funds and do away with the arbitrage between different debt instruments. The objective is to plug a tax loophole used by high net worth individuals and family offices for investments. This is positive for banks and negative for AMCs.
#Debt #mutual #funds bought after #April 1st, 2023 & held for over 3 yrs, will NO longer enjoy #indexation benefit NOR will be eligible for 20% #tax rate.
Brings bank FDs on-par with debt MFs.
A big positive for banks.
Debt mutual funds bought after April 1st, 2023 & held for over 3 years, will no longer enjoy indexation benefit nor will be eligible for long term capital gain tax (20% tax rate). View: Currently, investors in debt funds pay income tax on capital gains according to their income tax slab for a holding period of three years and after that, they are taxed at the rate of 20% with indexation benefits or 10% without indexation. This amendment in the recent Finance bill 2023 brings bank FDs on-par with debt MFs. The proposal is likely to give a boost to bank fixed deposits & also pure equity funds and do away with the arbitrage between different debt instruments. The objective is to plug a tax loophole used by high net worth individuals and family offices for investments. This is positive for banks and negative for AMCs.
#BREAKING #NEWS : #STT on #Options increased by nearly 25%
As per amendments to the #Finance Bill 23, STT on the #sale of options has been hiked to ₹2,100 on a #turnover of ₹1 crore against an earlier applicable levy of ₹1,700. #alliesfin #stockmarket
As per amendments to the #Finance Bill 23, STT on the #sale of options has been hiked to ₹2,100 on a #turnover of ₹1 crore against an earlier applicable levy of ₹1,700. #alliesfin #stockmarket
*SGX Nifty +100 pts (17038) from last trade 16938 ,*
Nikkei +81 pts ,
Hangseng -64 pts ,
Around @ 7.00am .
Dow +132.28 pts ,Nsdq +36.56 pts, S&P +22.27 pts , Bovespa +902 pts , Ftse -94 pts , Dax -253 pts , Cac -124 pts , Crude @ $69.68 brl (+0.42), Brent @ $75.44 brl (+0.45) , Gold @ 1976.70 (-7.10), Silver @ $23.31 (-0.02), Euro @ $1.076, JPY @ $130.77, INR @ 82.335
*Today's Corporate Action*
*27th Mar Ex Date*
None
*Today's Board Meetings*
*27-Mar-23*
CONCORD
General
HDFC
General
MYSPAPE
Quarterly Results
*Stock under F&O ban on NSE*
*27-Mar-23*
1 BIOCON
2 HAL
3 IBULHSGFIN
Nikkei +81 pts ,
Hangseng -64 pts ,
Around @ 7.00am .
Dow +132.28 pts ,Nsdq +36.56 pts, S&P +22.27 pts , Bovespa +902 pts , Ftse -94 pts , Dax -253 pts , Cac -124 pts , Crude @ $69.68 brl (+0.42), Brent @ $75.44 brl (+0.45) , Gold @ 1976.70 (-7.10), Silver @ $23.31 (-0.02), Euro @ $1.076, JPY @ $130.77, INR @ 82.335
*Today's Corporate Action*
*27th Mar Ex Date*
None
*Today's Board Meetings*
*27-Mar-23*
CONCORD
General
HDFC
General
MYSPAPE
Quarterly Results
*Stock under F&O ban on NSE*
*27-Mar-23*
1 BIOCON
2 HAL
3 IBULHSGFIN
For Monday March 27, 2023
US markets closed higher recovering from opening losses as regional banks recovered. Markets shrugged off the fears on banks and started moving higher to close well in the green. Dow gained 0.41%, S&P added 0.56% and Nasdaq closed 0.31% higher.
USD index moved slightly higher near 103.12, 10 year moved down near 3.37, cboe vix also closed down near 21.74.
Crude futures traded flat with small downward bias, WTI traded near 69, Brent near 73.
Indian stocks ended lower for the second day in a row led by BFSI and Oil & Gas names. Sensex lost 398 points and Nifty closed below 16950.
*Markets may stage some recovery on global sentiments, however fiscal year end consideration and developing inflow of news may limit upside for stock for immediate term. Participants may continue to look at rotational opportunities for the upcoming week and may limit exposure for the near term.*
(as on 8.08 am IST)
US markets closed higher recovering from opening losses as regional banks recovered. Markets shrugged off the fears on banks and started moving higher to close well in the green. Dow gained 0.41%, S&P added 0.56% and Nasdaq closed 0.31% higher.
USD index moved slightly higher near 103.12, 10 year moved down near 3.37, cboe vix also closed down near 21.74.
Crude futures traded flat with small downward bias, WTI traded near 69, Brent near 73.
Indian stocks ended lower for the second day in a row led by BFSI and Oil & Gas names. Sensex lost 398 points and Nifty closed below 16950.
*Markets may stage some recovery on global sentiments, however fiscal year end consideration and developing inflow of news may limit upside for stock for immediate term. Participants may continue to look at rotational opportunities for the upcoming week and may limit exposure for the near term.*
(as on 8.08 am IST)