*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

#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)*🔽🙂

*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

#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.

#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.

#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

Kindly update your nominations.

*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

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)

*News Headlines from Business News Agencies:*

*Business Standard :*

• India's per capita income grew faster before 2014-15.

• Export benefits under RoDTEP extended to 18 textile items including sari

• Consumer, tyre firms wary as prices of crude derivatives are yet to fall

• Steep decline in new mutual fund investors in FY23, shows data

• Finance Bill 2023: STT hike on F&O likely to make a dent in volumes

• India's Data Patterns develops equipment to check BrahMos missile functions.

• Bottled water industry can undermine progress towards safe water: UN

• Domestic pharma industry revenues expected to grow 6-8 pc next fiscal: Icra

• Indian banks can endure global banking turmoil fallout: S&P Global Ratings

• Zydus Life receives final approval from the USFDA for lubiprostone capsules.


*Economic Times :*

• Bimstec nears completion of free trade agreement - Gen. Secretary.

• Oneweb should have all clearance in time for July launch - Sunil Mittal

• Akasa wants to be nimble, efficient rather than have a label: CEO Vinay Dube

• RCAP resolution plan hits roadblock as bidders upset over another auction plan

• Government hikes duty on X-ray machine imports to 15 pc from Apr 1

• Measures taken by IIFCL to cut NPAs; help it make pioneer in infra finance: Parliamentary panel

• 346 infrastructure projects show cost overruns of Rs 4.46 lakh crore

• Only 15 percent insolvency cases reach resolution during October-December 2022

• Daylight Savings Time to continue in the UK despite limited benefits

• China supports accounting firms, including Deloitte, doing business in the country.


*Mint :*

• RBI may go in for 25 basis point interest rate hike in monetary policy meet next month, say experts

• New tax regime, rules to roll out from Apr 1.

• ₹1,321 crore seized from drug cos for over-pricing

• “India currently holds 127 patents for 6G,” says Telecom Minister Vaishnaw.

• ICMR releases first ethical guidelines for AI in healthcare

• Cabinet to consider price caps on gas to stave off rates rising to USD 10.7 per mmBtu

• High-level Indian delegation discusses energy cooperation with Sri Lankan President

• IMF Chief urges vigilance as risks to financial stability mount

• Govt hikes wages under MGNREGA scheme, effective from April 1

• LIC plans record ₹2.4 tn investments next fiscal

• Paytm gets 15 days to file aggregator licence plea.

*🌹India Daybook – Stocks in News*

*Bharat Electronics:* Company secures orders of Rs 4,300 crore from Indian Army, Indian Navy. (Positive)

*Godawari Power:* Company resumes operations at Sponge Iron Plant, & others at Siltara, Raipur, and Chhattisgarh. (Positive)

*Electrosteel Castings:* Company plans to set up a new Ferro alloy plant with 9 MVA x 2 capacity at Aradigunta village, Andhra Pradesh (Positive)

*Reliance Ind:* Company names V Srikanth as new CFO; veteran Alok Agarwal to become Senior Advisor to Chairman (Positive)

*Grasim:* Company leases 220-acre land in Gujarat from Century Textiles for Rs 255 crore (Positive)

*NBCC:* Company gets work order worth Rs 81.2 crore from AIIMS, New Delhi (Positive)

*Sun Pharmaceutical:* Company to acquire 60% shareholding in Vivaldis Health & Foods for Rs 143.30 crore (Positive)

*Nykaa:* Voluntary & involuntary exits expected in a company with over 3000 on-roll employees. (Positive)

*RITES:* JV secures order worth Rs 122 crore, RVNL's share at Rs 77 crore (Positive)

*L&T FH:* Board approves the amalgamation of three L&T Finance Holdings units with the company (Positive)

*Butterfly Gandhimathi:* Board approved the Scheme of Amalgamation of the Company with Crompton Greaves Consumer, swap ratio 5:22 (Positive)

*Shoppers stop:* Company had approved additional investment of upto Rs. 25 Crores in Global SS Beauty Brands Limited. (Positive)

*TTK Healthcare:* Abakkus Asset Manager LLP has bought 1.31 lakh equity shares at an average price of Rs 911.08 per share (Positive)

*Lupin:* The company has announced the successful completion of an inspection carried out by the UKMHRA (Positive)

*Dalmia Bharat:* Company enters into a binding agreement with Sarvapriya Healthcare Solutions to sell the entire 42.36% of the share capital (Positive)

*Sundaram-Clayton:* Arrangement amongst Sundaram-Clayton and TVS Holdings and Sundaram - Clayton DCD Limited approved by shareholders (Positive)

*JKIL:* AICPL (JV 55:45) has received a letter of acceptance (LOA) from Bangalore Metro Rail Corporation for a total contract cost of Rs 249.2 crore. (Positive)

*Paytm:* Company announced launch of its upgraded payments platform powered by 100% indigenous technology (Positive)

*Tube Investment:* Tll and Premji lnvest to acquire 67% and 33% of the equity share capital of Lotus Surgicals (Positive)

*Karur Bank:* The bank has executed an agreement with SBI Life Insurance Company, as an additional bancassurance partner in the life insurance category (Positive)

*Isgec:* Company has received an order for Rs 197.25 crore from Maharashtra State Power Generation (Positive)

*Morepan Labs:* USFDA inspection at Baddi, Nil Observation (Positive)

*IndusInd Bank:* Company appoints Vikas Muttoo as COO & Head Member Services of its arm, Bharat Financial Inclusion (Neutral)

*Bajaj Healthcare:* Fire incident occurred at M.I.D.C, Tarapur unit on March 23, 2023. (Neutral)

*Alembic Pharma:* Company receives 2 observations for Gujarat facility from USFDA (Neutral)

*Zydus Life:* USFDA inspection at Ahmedabad Unit ,three observations. (Neutral)

*Shriram Finance:* The company has raised Rs 341 crore through NCDs at a coupon rate of 9%. (Neutral)

*M&M:* Company to increase its stake in Mahindra Aerospace to 100% from 91.59% (Neutral)

*JSW Energy:* Amalgamation of JSW Future Energy with JSW Neo Energy turned effective w.e.f. April 1, 2022 (Neutral)

*Sun Pharma:* Ransomware group claims responsibility of security incident at Sun Pharmaceutical.

Upcoming stock Market Holidays ✨

30 March Ram Navami,
Thursday. Monthly expiry on Wednesday.

4 April Mahavir Janma Kalyanak, Tuesday.

7 April Good Friday, Friday.

14 April Dr. Ambedkar Jayanti, Friday.

1 May Maharashtra Day, Monday.

so Plan your Positions & schedule accordingly.

Aapka Saarthi 😊

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 27-03-2023 :*

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

*TOTAL NET BUY : +19120* 😀😀

*INDEX FUT. : +3248*

*INDEX OPT. : +14303*

*STOCK FUT. : +1607*

*STOCK OPT. : -39*

*SEC. IN F&O BAN FOR, 28 MAR, 2023 :*

*1. NIL*

*ADDITION : NIL*
*DELETION : HAL, IBULHSGFIN*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 27-MAR-2023 :*

*FIIS : SELL -891 (4,883-5,774)* 😩

*DIIS : BUY +1,809 (5,375-3,566)* 😀

*BSE SENSEX : +127 (57,654)🔼*

*NSE NIFTY : +41 (16,986)*🔼

*BSE MIDCAP. : -87 (23,546)*🔽

*BSE SMLCAP. : -401 (26,366)*🔽

*B. CRUDE : $ 75.97* 🔼 😢

*GOLD: $1948=INR 58,500(10gr)* 🔽 😩

*SILVER : RS. 73,550 (kg) (5pm)* 🔼 🙂

*FOREX : RS. $ 82.37* 🔼 🙂

*7.26% GOI '32 : 7.3035%(99.6975)* 🔽🙂

*7.41% GOI '36 : 7.3595% (100.4150)* 🔽 🙂

*7.26% GOI NEW '33: 7.2955% (99.74)*🔽🙂

*SGX Nifty +45 pts (17070) from last trade 17025 ,*


Nikkei +21 pts ,
Hangseng +121 pts ,
Around @ 6.52am .


Dow +194.55 pts ,Nsdq -55.12 pts, S&P +6.55 pts , Bovespa +841 pts , Ftse +66 pts , Dax +170 pts , Cac +66 pts , Crude @ $72.81 brl (+0.00), Brent @ $78.02 brl (-0.10) , Gold @ 1976.70 (+5.72), Silver @ $23.245 (+0.10), Euro @ $1.0806, JPY @ $131.07, INR @ 82.185




*Today's Corporate Action*
*28th Mar Ex Date*



None



*Today's Board Meetings*
*28-Mar-23*


       
7TEC
General
ADITYA
General
ASMS
Preferential Issue of shares
ENCASH
General
FLOMIC
General
GAL
Preferential Issue of shares;Issue Of Warrants;General
HONDAPOWER
General
IFCI
Preferential Issue of shares
KREONFIN
General
MODULEX
Quarterly Results
MOSCHIP
Preferential Issue of shares
NHPC
General
NINSYS
General
PNBHOUSING
Right Issue of Equity Shares;General
PRIMIND
Preferential Issue of shares;Increase in Authorised Capital;Issue Of Warrants
RUSHIL
Rights Issue;General
SAMOR
General
SCTL
Preferential Issue of shares
SHABCHM
General
VEDL
Interim Dividend
WARDWIZFBL
Preferential Issue of shares;General



*Stock under F&O ban on NSE*
*28-Mar-23*




None

*India’s ‘Make in India’ Smartphones Dominate Exports; Apple leads as India’s mobile exports set to top $10 billion in FY22-23*
https://www.google.com/amp/s/m.economictimes.com/industry/cons-products/electronics/india-to-cross-10-bn-worth-mobile-exports-in-fy22-23-apple-leads-at-50/amp_articleshow/98909465.cms
*India is poised to achieve an impressive $10 billion worth of smartphone exports in the current fiscal year.*

*This is due to the government’s attractive incentives for local manufacturing. The smartphone industry in India is thriving as a result, with companies like Samsung, Apple, and Xiaomi ramping up production in the country.*

■ India has more than 260 units manufacturing mobile phones and accessories today, while it had only two units operational in 2014.
■ Apple’s ‘Make in India’ smartphones have taken the lead in exports, constituting 50% of total exports.
■ Samsung follows with 40% of mobile exports, while other smartphone players hold 10% of the export share.
■ Some new reforms and practices have boosted uptake in local manufacturing of mobile phones in India. These moves have massively reduced country’s dependence on China.
■ India’s smartphone exports have doubled from the previous fiscal year, thanks to production-linked incentive (PLI) schemes
■ UAE, US, Netherlands, UK, and Italy are the top 5 destinations for Indian mobile phone exports.
■ Apple is set to move some of its China manufacturing to India and Vietnam within the next few years. By 2027, it’s predicted that India will produce 45-50% of Apple’s iPhones, putting it on par with China, where 80-85% of iPhones were produced in 2022.
■ India and Vietnam are expected to be the biggest beneficiaries of smartphone supply chain migration out of China, with India currently accounting for 10-15% of overall iPhone production capacity as of the end of 2022.
■ Apple has set a new record in India by becoming the first smartphone company to export $1 billion worth of iPhones in the month of December. The tech giant currently manufactures iPhones 12, 13, 14 and 14 Plus in India, which is largely export-focused and led by the government’s performance-linked scheme (PLI) push.
■ The government is also working to strengthen the electronic manufacturing ecosystem beyond mobiles to boost its global share in hearables and wearables, IT hardware and electronic components. With this move, India is positioning itself as a major player in the global electronics market.

*Efficacy and maturity of an industry is only judged with robust exports. Mobile phones policy and outreach initiatives have been relentless and the results are in front of us. The mobile phone industry will cross $40 billion manufacturing output and 25 per cent exports at $10 billion is a stellar performance.*

Namaste,

US equities closed mixed with bank stocks jumping after First Citizens BancShares bought a large portion of the assets and deposits of collapsed SVB and on signs that the turmoil in the sector is easing. Dow closed with gains of close to 0.60%, S&P also closed marginally higher by 0.16% and Nasdaq lost 0.47% as 10 year yields spiked.

USD index fell near 102.83, 10 year jumped near 3.53% and cboe vix fell near 20.60.

Crude prices moved up sharply after Iraq's export halt from some area and easing banking crisis fears lifted sentiments, WTI traded above 72, Brent above 78.

Indian markets managed to halt two days of losses as stocks recovered some ground, however the trading remained volatile as at higher levels stocks found some resistance and failed to move further. Sensex gained 127 points and Nifty came near 17000 at close. Pharma, FMCG and some PSU banks led the recovery on Dalal Street as money continued to search for safety in an otherwise volatile market.

*Better global equity sentiments, tomorrow's quadruple witching day volatility and fiscal year-end consideration may dominate trade for next two days on Dalal Street. Participants may continue to rotate positions for next few sessions and once markets stabilize one may start building positions for a more linear trend.*

Allies Fin Serve
telegram.me/AlliesFin

Since March 2020, We Have Seen:

@AlliesFin

1. Largest pandemic in over 100 years

2. Over $4 trillion in printed stimulus

3. Interest rates lowered to 0% over night

4. Interest rates rising at their fastest pace in history

5. Inflation at its highest in 40+ years

6. Closest we’ve been to WW3

7. Oil prices go from negative to $100+ with record high gas prices

8. Largest crypto bear market in history

9. Record high credit card debt of $986 billion

10. Most unaffordable housing market in history (less affordable than 2008)

11. 2nd and 3rd largest bank collapses in US history

If you started investing in 2020, you have seen more historic events than most people see in 20+ years.

Volatility is the new normal.