Today's Headlines from :

*Economic Times*

📝 TCS' Q1 profit rises 17% to Rs 11,074 cr, investors to get Rs 9/share dividend

📝 India, France to deepen strategic ties

📝 India proposes ease of business norms at G20

📝 HCL Tech Q1 Results: PAT rises 8% YoY to Rs 3,534 crore; dividend declared at Rs 10/share

📝 Nvidia in talks to become anchor investor in Arm IPO

📝 Utkarsh SFB IPO subscribed 4.73 times on Day 1; retail portion fully booked

📝 SBI to sell up to Rs 10,000 crore of AT-1 bonds this week

📝 Agri ministry asks banks to promote Rs 1 lakh cr Agriculture Infrastructure Fund

📝 India’s retail inflation rises to 4.81% in June on higher food prices

📝 India's industrial production output up 5.2% in May from 4.5% in April

📝 US inflation hits two-year low; declines sharply to 3% in June

📝 Global public debt hits record $92 trillion- UN report

📝 Fold Health raises $6 million in funding led by Iron Pillar

📝 Hectar Global raises $2.1 million in seed funding led by Powerhouse Ventures

*Business Standard*

📝 India's outward FDI shrinks by half YoY in June 2023, shows RBI data

📝 IAMAI urges GST Council to tax gaming platform fee, not full face value

📝 Placed under enhanced surveillance, SpiceJet to get Rs 500 cr from promoter

📝 Merged HDFC Bank: New entity will have market capitalisation of Rs 12.5 trn

📝 Housing ministry to organise national conclave on urban planning

📝 Patanjali Foods' promoters plan to offload up to 9% stake through OFS

📝 Centre imposes import restrictions on certain gold jewellery, articles

📝 Oil prices rise as mild US inflation data calms fear of Fed rate hike

📝 Confused over UV definition, car companies await govt notification on cess

📝 Sebi to tweak 'fit & proper' regime for bourses, clearing corporations

*Financial Express*

📝 Bank of India targets $4-billion international business by 2026

📝 Reliance Capital administrator files Hinduja’s resolution plan with NCLT Mumbai for approval

📝 Vedanta to continue ‘sizeable investments’ in India; made $35 bn investment till date: Chairman Anil Agarwal

📝 CapFort Ventures launches a Rs 200 crore fund to invest in tech startups

📝 Razorpay launches its payment gateway for businesses in Malaysia

📝 Reliance Retail among prospective buyers for Future Enterprises

📝 India, ADB sign $130 million loan to promote horticulture in Himachal Pradesh

📝 FinEzzy aims to disburse Rs 1,500 crore in loans against mutual funds over next year

📝 Govt directs NAFED, NCCF to procure tomatoes from AP, Karnataka, Maha for distribution in key consumption centres

📝 Cabinet nod to lithium mining by private companies

*Mint*

📝 Telecom manufacturing at ₹18,000 cr, should be scaled up 10x: Vaishnaw

📝 India in talks with Netherlands for pharma supplies

📝 Wipro to invest $1 bn in AI over three years

📝 Elon Musk announces new company xAI, set to build ChatGPT alternative

📝 Hindalco Industries board approves proposal to sell land for ₹595 crore

📝 Sebi to auction 22 properties of Bishal Group, NVD Solar on August 14

📝 PFC files draft shelf prospectus to raise ₹10,000 crore via NCDs

📝 IMD issues red alert for northeast India, Sikkim, Bihar.

*News Headlines from Business News Agencies:*

*Business Standard*
• Passenger vehicle sales up 2% YoY in June, 3W sales almost double: Siam
• TCS Q1FY24 result: Net profit up 16.8% YoY; revenue rises to Rs 59,381 cr
• Walt Disney Co weighs options for struggling TV business in India
• BFSI, tech clients spending more on cost-optimisation deals: Wipro chairman
• Hinduja Group dials lenders to raise $1 bn for Reliance Capital acquisition
• Sebi to auction 22 properties of Bishal Group, NVD Solar on August 14
• Glida plans to set up 3,000 EV charging points pan-India by March 2025
• Govt directs Nafed, NCCF to procure tomato from AP, Karnataka, Maharashtra
• Reliance Retail among three prospective buyers for Future Enterprises
• FSSAI set to meet international regulators on food safety system
• Data protection bill could cap penalty for data breach at Rs 250 crore
• Sterlite Power bags new orders worth Rs 1,400 cr in March quarter
• Auto component makers stepping up investments in green mobility business

*Economic Times*
• RBI looking at additional loans for home buyers of stuck projects
• Vehicle loans outstanding rise 22 pc in May despite high interest rates
• Razorpay launches full-stack payments in Malaysia
• Vedanta has lined up partners for semiconductor venture: Chairman Anil Agarwal
• Indian cabinet allows lithium's commercial mining to charge up EV ambitions
• Countries agree to extend digital services tax freeze through 2024
• Power availability rose to 22.30 hrs in rural areas, 23.3 hrs urban since 2014: RK Singh
• Satya MicroCapital raises Rs 53 crore in ECB from German bank
• Utkarsh SFB Issue: retail portion booked over 3.5x
• SoftBank considering US listing for PayPay payments business
• Taiwan chip exports plunge 21% as device makers clear inventory
• Japan's second-largest lender Sumitomo Mitsui launches US digital bank
• Prestige Group registers 30% jump in sales at of Rs 3914.7 crore in Q1FY24
• Gujarat in talks with Foxconn for its semiconductor plant

*Mint*
• India’s June CPI inflation rises to 4.81% from 4.31% in May
• US annual consumer inflation cools to 3%, lowest since 2021
• Centre approves release of ₹7,532 crore to 22 states under Disaster Response Fund
• Dilip Buildcon gets provisional completion certificate for a project worth ₹860.5 cr
• TCS attrition rate declines to 17.8%, 523 employees added in June quarter
• Beijing's regulatory crackdown wipes $1.1 trln off Chinese Big Tech
• Maruti Suzuki Fronx CNG launched in India at ₹8.41 lakh
• Ather Energy set to launch 450S electric affordable scooter.
• Domino’s Pizza Strikes Deal With Uber in Search for New Sales
• Wipro launches ai360, will invest $1 billion into AI the next three years
• Bharti Airtel buys 20.6% stake in Lavelle Networks, total stake to be 45.6%
• Coal India subsidiary SECL to develop 600 MW solar projects
• Disney explores strategic options for its business in India: Report
• KPMG to expand ties with Microsoft, will spend $2 billion in AI, cloud services

*India Daybook – Stocks in News*

*Auro Pharma:* APL Healthcare receives approval from US FDA to manufacture & market Sevelamer Hydrochloride (Positive)

*Prestige Estate:* Registers 30% jump in sales at of Rs 3914.7 crore in Q1FY24 (Positive)

*Century Textiles:* Hindalco to sell Kalwa land to Century Textiles for Rs 595 cr (Positive)

*SpiceJet:* Chairman AjaySingh to infuse Rs 500 crore to shore up airline’s finances (Positive)

*Deep Industries:* Company bags a project worth Rs 130 cr From ONGC (Positive)

*Primo Chemicals:* Europe-based financial services group Societe Generale has bought 47.97 lakh equity shares (Positive)

*Dream Folks:* Company and Plaza Premium Group have announced a collaboration to include over 340+ Plaza Premium Lounges (Positive)

*Dr. Reddy’s:* Company’s proposed Rituximab biosimilar application accepted for review by USFDA, EMA and MHRA (Neutral)

*TCS:* Net profit at Rs 11,074 cr Vs poll of Rs 10,866 cr, Revenue at Rs 59381 cr Vs poll of Rs 59450 cr (Neutral)

*HCLTech:* Company to acquire German engineering services company ASAP Group for €251.1 million (Neutral)

*Lupin:* US FDA issues a Form-483 with two observations for Lupin’s Nagpur oral solid dosage facility (Neutral)

*Star Health:* Private equity firm Apis Growth 15 Limited has offloaded 52.84 lakh equity shares (Neutral)

*Texmaco Rail:* The board members will meet on July 17 to consider raising funds (Neutral)

*Star Housing:* The board members will meet on July 15 to consider raising funds (Neutral)

*Reliance Industries:* All existing contracts for July, August and September will expire on July 19. (Neutral)

*Venus Remedies:* Trading of Venus Remedies shares restricted by both BSE and NSE

*HCL Tech:* Net profit at Rs 3534 cr Vs poll of Rs 3809 cr, Revenue at Rs 26296 cr Vs poll of Rs 26960 cr

*Patanjali:* Floor price fixed at Rs 1000 per share, Patanjali Foods launches OFS to sell up to 7% equity

*Delta Corp:* Equirus Wealth sold 25.32 lakh shares in the company

*GIFT Nifty +42 pts (19540) from last trade 19498 ,*


Nikkei -128 pts ,
Hangseng +184 pts ,
Around @ 6.52am .


Dow +47.71 pts ,Nsdq +219.61 pts, S&P +37.88 pts , Bovespa +1597 pts , Ftse +24 pts , Dax +118 pts , Cac +36 pts , Crude @ $77.21 brl (+0.32), Brent @ $81.36 brl (+0.00) , Gold @ 1964.80 (+1.00), Silver @ $25.09 (+0.04), Euro @ $1.1226, JPY @ $137.93, INR @ 82.0451




*Today's Corporate Action*
*14th July Ex Date*



APOLLOTYRE
Special Dividend - Rs. - 0.5000
APOLLOTYRE
Final Dividend - Rs. - 4.0000
APTECHT
Bonus issue 2:5  
ARTEMISMED
Dividend - Rs. - 0.4500
ATUL
Final Dividend - Rs. - 25.0000
AUBANK
Final Dividend - Rs. - 1.0000
BOSCHLTD
Final Dividend - Rs. - 280.0000
BSOFT
Final Dividend - Rs. - 2.0000
CONTROLPR
Final Dividend - Rs. - 5.0000
COROMANDEL
Final Dividend - Rs. - 6.0000
EXPLEOSOL
Dividend - Rs. - 5.0000
GLOBUSSPR
Dividend - Rs. - 6.0000
KABRAEXTRU
Final Dividend - Rs. - 3.5000
KSOLVES
Final Dividend - Rs. - 8.0000
M&M
Dividend - Rs. - 16.2500
MAHLOG
Final Dividend - Rs. - 2.5000
POLYCHEM
Final Dividend - Rs. - 20.0000
PTL
Final Dividend - Rs. - 1.7500
RECLTD
Final Dividend - Rs. - 4.3500
SAFARIND
Final Dividend - Rs. - 2.0000
SHANTIGEAR
Final Dividend - Rs. - 2.0000
TIRUMALCHM
Dividend - Rs. - 1.5000
TRANSCOR
Dividend - Rs. - 0.2000
UJJIVANSFB
Final Dividend - Rs. - 0.5000
ULTRAMAR
Final Dividend - Rs. - 5.0000



*Today's Board Meetings*
*14-Jul-23*



JSW Energy, Bandhan Bank, CCL Products (India), Coromandel Engineering Company, Den Networks, GTPL Hathway, Just Dial, Kesoram Industries, Sastasundar Ventures, Tata Steel Long Products, Unichem Laboratories, Vandana Knitwear, and VST Industries will be in focus ahead of quarterly earnings on July 14





*Stock under F&O ban on NSE*
*14-Jul-23*





1 DELTACORP
2 HINDCOPPER
3 IBULHSGFIN
4 INDIACEM
5 MANAPPURAM
6 PNB
7 ZEEL

*News Headlines from Business News Agencies:*

*Business Standard*
• India to buy 26 Rafale fighters, 3 Scorpene subs; defence min approves plan
• Wipro Q1 results: Net profit rises 11.9% to Rs 2,870 cr, revenue up 6%
• Zomato temporarily suspends rollout of UPI enrolment for new users
• HDFC Bank becomes first to offer interoperability between CBDC and UPI
• Adequately funded to place three-digit aircraft order this year: Akasa CEO
• HPL won smart meter orders worth Rs 903 cr
• Housing. com partners with FinBox to offer instant loans up to Rs 10 lakh
• Promoting healthy eating: MoU signed to introduce millets in armed forces
• Byju's appoints ex-upGrad chief Arjun Mohan as CEO for int'l business
• PepsiCo raises revenue, profit forecasts on price hikes and steady demand
• Govt considering a renewed subsidy plan to support EV industry
• Generative AI deals expected in next 2 quarters; will not be mega wins: TCS CEO
• Weak demand for SBI perpetual bonds as investors seek higher returns
• RBI signals greater scrutiny of fintech industry amid funding drought
• Rupee, govt bonds gain after lower-than-expected US inflation data
• Apple partners with NGO to promote clean energy innovation in India

*Economic Times*
• 28% GST on online gaming to yield Rs 20,000 cr annually: Revenue Secretary
• Harshvardhan Bansal appointed president of NAREDCO Delhi chapter
• Zetwerk Manufacturing appoints Pulkit Bhandari as chief financial officer
• India will be a $4 trillion economy in 2024-25: PHD Chamber
• France may adopt UPI, announcement likely during PM Modi's visit: Report
• Vi, Truecaller tie up to secure customer communication
• Continued vigil on inflation needed given erratic monsoon progress: SBI Research
• India may ban exports of most rice varieties: Report
• Foxconn-Vedanta JV split credit negative for UK conglomerate: CreditSights
• Citi group to step up hiring at India in-house centres, says head HR Sara Wechter
• Godrej Properties emerged as the highest bidder for two land parcels in Gurgaon
• DoT to decide soon on Trai's proposals to set up satellite earth station gateways
• RIL’s Jio Financial Services to enter FTSE indices effective July 20
• Wind and solar to produce over a third of global power by 2030: Report

*Mint*
• Federal Bank arm Fedfina reconsidering capital raising options: CEO Srinivasan
• Swiggy enters retail food and grocery segment with LYNK acquisition
• Go Airlines can now admit one of its vendors under CIRP: Report
• Indian airlines to face capacity shortage in peak travel season
• Go First flights cancelled until July 16
• Telecom manufacturing at ₹18,000 cr, should be scaled up 10x: Vaishnaw
• India plans global biofuel alliance with eye on Opec+
• Icra expects domestic tyre demand to grow 6-8% in FY24
• Amazon Pay aims to be at the top in payment aggregator space, says Vikas Bansal
• HCL Technologies inks deal with ASAP Group for about ₹2,300 crore
• Govt restricts import of certain gold articles amid swelling trade deficit
• India in talks with Netherlands for pharma supplies
• UK offers millions of public sector workers pay raises in push to end strikes
• Cotton yarn industry to see 5-7% volume growth in FY24: Report

10 July 2023

Watch out for IT results due in next couple of weeks , expect a sharp upswing in It heavyweights post declaration of Q1 numbers as it seems the worst of price action may be behind post result commentary. One can start building some small positions ahead of the numbers and add to positions once stock price stabilize post result. The next leg of index upmove will be dominated by IT names if there are no major surprises.

14 july 2023
nifty IT in two days up 4.5%

GET READY ✨

IT stcoks scaling to 5-12 months highs

https://hindi.business-standard.com/companies/panasonic-energy-the-company-that-supplies-batteries-to-tesla-will-enter-the-indian-market

TESLA JOURNEY BEINGS IN INDIA.
PANASONIC IS LISTED PLAYER.

ISRO UPDATE
Chandrayaan-3 launch today at 14:35 Hrs.

The launch can be viewed LIVE at
http://isro.gov.in
https://facebook.com/ISRO
https://youtube.com/watch?v=q2ueCg9bvvQ
DD National
from 14:00 Hrs. IST on July 14, 2023.

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 14-07-2023 :*

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

*TOTAL NET SELL : -12317*

*INDEX FUT. : +252*

*INDEX OPT. : -15765*

*STOCK FUT. : +3182*

*STOCK OPT. : +12*


*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 14-JULY-2023 :*

*FIIS : BUY +2,636 (12,486-9,849)* 😄

*DIIS : SELL -772 (7,334-8,106)* 😩

*BSE SENSEX : +502 (66,061)🔼*

*NSE NIFTY : +151 (19,564)*🔼

*BSE MIDCAP. : +292 (29,393)*🔼

*BSE SMLCAP. : +380 (33,702)*🔼

*B. CRUDE : $ 80.50* 🔼 😔

*GOLD: $1956=INR 58,500(10gr)* ↔️ 🙂

*SILVER : RS. 77,400 (kg) (5pm)* 🔼 😊

*FOREX : RS. $ 82.16* 🔽 😔

*7.26% GOI '33: 7.0910%(101.1525)*🔼😔

*7.41% GOI '36 : 7.1854% (101.9050)*🔼😔

*Mkt. Updates :*

*GIFT Nifty -9 pts (19615) from last trade 19624 ,*

Nikkei clsd ,
Hangseng clsd ,
Around @ 6.53am .

Dow +113.89 pts ,Nsdq -24.87 pts, S&P -4.62 pts , Bovespa -1553 pts , Ftse -5 pts , Dax -35 pts , Cac +4 pts , Crude @ $74.93 brl (-0.49), Brent @ $79.33 brl (-0.54) , Gold @ 1957.00 (-7.40), Silver @ $25.09 (-0.10), Euro @ $1.1224, JPY @ $138.56, INR @ 82.055

*US GOVT. 10-YR YIELD : 3.83%*

*Today's Corporate Action, 17 July Ex Date :*

CENTURYTEX
Final Dividend - Rs. - 5.0000
CGFL
Right Issue of Equity Shares 
INGERRAND
Final Dividend - Rs. - 20.0000
LAKSELEC
Final Dividend - Rs. - 22.0000
LLOYDSTEEL
Final Dividend - Rs. - 0.1000
MODISONLTD
Final Dividend - Rs. - 1.0000
RBL
Dividend - Rs. - 25.0000
THANGAMAYL
Bonus issue 1:1  
WALCHPF
Final Dividend - Rs. - 1.0000


*Today's Board Meetings, 17-Jul-23 :*

CENTRALBK
Quarterly Results    
CHOICEIN
General;Quarterly Results  
CRISIL
Interim Dividend;Quarterly Results
CRSTCHM
General      
DOLFIN
General      
HATHWAY
Quarterly Results    
HDFCBANK
Quarterly Results    
HUHTAMAKI
Quarterly Results    
KORE
Quarterly Results    
LTIM
Quarterly Results    
MOSCHIP
Quarterly Results    
NAM
Quarterly Results    
ONWARDTEC
Quarterly Results    
RISHYRN
General      
SEACOAST
General;Quarterly Results  
SHISHIND
General;Quarterly Results  
STANCAP
Increase in Authorised Capital;General
TANFACIND
Quarterly Results    
TARAPUR
Audited Results    
TATAELXSI
Quarterly Results    
TDSL
General      
TEXRAIL
General;Preferential Issue of shares;Rights Issue
TIAANC
Quarterly Results    
TIHIL
General      
TINPLATE
Quarterly Results    
UTLINDS
Quarterly Results


*SEC. IN F&O BAN FOR, 17 JULY, 2023 :*

*1. HINDCOPPER 2. IBULHSGFIN 3. PNB 4. RBL BK. 5. MANAPPURAM 6. DELTACORP*

Global bits

✒️S&P 500 ends down with banks mostly lower, indexes post weekly gains

✒️Wall St Week Ahead Investors brace for earnings from ‘Magnificent Seven’ US growth giants

✒️China invites global investors for rare meeting as economy sputters

✒️China's June crude steel output rises on better margins

✒️Most Gulf markets extend gains; Egypt flat

✒️Toronto market posts weekly gain of more than 2%

✒️Global hedge funds rushed to unwind bets that U.S.-listed stocks will fall, as a persistent rally threatens their performance, JPMorgan Chase (JPM.N) and Goldman Sachs (GS.N) told clients in reports.

✒️Gold poised for best week in 3 months on Fed pause bets

✒️JPMorgan's profit surges to record after First Republic deal

✒️FTSE 100 closes lower at the end of best week in three months

✒️European shares close best week in over three months on US disinflation hopes

✒️South African rand falls on prolonged power cuts, bets for SARB pause

✒️Wells Fargo hikes outlook for interest income after profit surges 57%

✒️BlackRock's shares edge lower as inflows slow

✒️S&P 500 Q2 earnings now seen down 8.1% yr-over-yr; 6.4% decline seen week ago-Refinitiv

✒️Citigroup profit drops 36% on trading slump, rising expenses

✒️Emerging market equity fund inflows outpace developed market rivals

✒️China June new home prices flat in weakest showing this year

✒️China rolls over medium-term policy loans, rate unchanged

✒️Asking prices for UK homes slip as Bank of England's rates rises bite, survey shows

✒️Australia expects unemployment rate to rise as global economy slows

✒️China economic data likely to show recovery is fading quickly

Source: Reuters

India Daybook – Stocks in News

M&M: Company & NXP signs MoU to drive next-generation smart electric mobility (Positive)

Lupin: Company receives US FDA approval for its ANDA Chlorpromazine Hydrochloride Tablets USP that used to treat symptoms of certain types of mental illness (Positive)

Nestle: Company receives in-principal approval from the IPICOL for setting up a food processing unit (Positive)

Just Dial: Company reported a profit of Rs 83.4 crore against a loss of Rs 48.4 crore (Positive)

Suzlon: The company has secured an order for the development of a 100.8 MW wind power project for Everrenew Energy. (Positive)

Power Grid: Board approves implementation of advanced metering infra projects worth Rs 4,067.3 crore (Positive)

HAL: Shareholder agreement between HAL and Safran for engine development for Indian Multi Role Helicopters. (Positive)

Archean Chemical: The company's Managing Director and Promoter Ranjit Pendurthi has acquired 16.08 lakh equity shares. (Positive)

Garden Reach Shipbuilders: Signs MoU with Naval Group of France to collaborate on surface ships. (Positive)

Aarti Drugs: The Board of Aarti Drugs will meet on July 21 to consider and approve a proposal of share buyback. (Positive)

Ircon International: The company has commissioned the first phase upgradation work of railway line from Maho to Omanthai Track Rehabilitation Project from Sri Lanka Railways (Positive)

Tata Steel Long Products: Revenue from operations rose 21.6% to Rs 3,668.24 crore vs Rs 3,015.81 crore. Net loss narrowed to Rs 254.18 crore vs Rs 523.88 crore. (Positive)

Som Distilleries: The company will consider and approve, on Aug. 5, to issue of up to 2.5 lakh equity shares on a preferential and private placement basis to an identified non-promoter entity (Positive)

JK Lakshmi: The company has made an additional investment in subsidiary company through equity subscription by rights issue (Neutral)

SBI: Bank hikes lending rates by 5 bps across tenures (Neutral)

Devyani: The NCLT has approved the merger scheme of units Devyani Food Street Private and Devyani Airport Services (Mumbai) with Devyani International. (Neutral)

JSW Energy: Net Profit down 48.3% at Rs 289.9 cr vs Rs 560 cr, Revenue down 3.3% at Rs 2,927 cr vs Rs 3,026.3 cr (YoY) (Neutral)

GTPL: Net profit down 17.1% at Rs 35.9 cr vs Rs 43.3 cr, Revenue up 22.7% at Rs 774.4 cr vs Rs 630.9 cr (YoY). (Neutral)

CCL Products: Net Profit up 15.2% at Rs 60.7 cr vs Rs 53 cr, Revenue up 28.6% at Rs 654.9 cr vs Rs 509.3 cr (YoY). (Neutral)

VST Industries: Revenue up 7.5% at Rs 333 crore Vs Rs 310 crore EBITDA fell 14% at Rs 105.35 crore Vs Rs 121.93 crore (Neutral)

DMart:* Q1 revenue at Rs 11,865 cr vs estimates Rs 11,800 cr, Profit at Rs 659.0 cr vs estimates Rs 750.0 cr (Neutral)

Oil upstream stocks: Windfall tax on crude petroleum is raised to Rs 1600/tonne from nil effective July 15 (Neutral)

Rallis: Revenue from operations fell 9% to Rs 782 crore vs Rs 863 crore. Ebitda slipped 3% to Rs 110 crore vs Rs 113 crore (Neutral)

SBI Cards: Seema Kapahi resigns as Chief People Officer of the company w.e.f. July 14, 2023

Metropolis: Revenue from operations marginally negative year-on-year mainly due to Covid-19 and B2G contract in-sourced by the government.

JITF Infralogistics: Cresta Funds sold 1.65 lakh shares

Rama Steel Tubes: Bharatbhai Ravatbhai Khachar sold 25 lakh shares

Satin Credit Network: SBI Emerging Asia Financial Sector Fund sold 18.9 lakh shares

Today's Headlines from:

Economic Times

📝 FM Nirmala Sitharaman pitches for stronger global rules to fight financial crimes

📝 Morgan Stanley PE acquires controlling stake in ClearMedi Healthcare

📝 Business activity, capex to improve over 12 months: S&P

📝 Realtors plan to use most land parcels for housing projects

📝 GST directorate seeks tax on corporate guarantees

📝Pen maker Flair files draft papers with Sebi for Rs 745 crore IPO

📝 Govt procures 3 lakh tonnes of onion for buffer stock; 20% higher than last year

📝 UK signs treaty to join Trans-Pacific free trade bloc

📝 Automobile exports from India dip 28 pc in Q1 as several markets hit by monetary crisis

📝 IIFL Home Finance raises $50 million loan from US International Development Finance Corp

📝 Zeiss Group to invest Rs 2,500 cr on new plant in India

Business Standard

📝 DLI scheme 2.0: Centre considers picking up equity in chip design firms

📝 Tata Steel to explore opportunities in lithium, other battery-minerals

📝 Goodknight biz has implied value of around Rs 30,000 cr: GCPL chairperson

📝 Tatas, Wipro Consumer in race to buy stake in Aachi Masala for Rs 1,000 cr

📝 Hope to have 70% staff back in office by FY24-end, says HCLTech CEO

📝 AAI revamping 23 airports across the country to boost traffic handling

📝 India's outward FDI down 50% in H1 2023 on grim global growth prospects

📝 NSE raps Angel One for lapses, slaps Rs 1.67 crore monetary penalty

📝 Net debt of top 8 listed realty firms dip 43% in last 3 years: Anarock

📝 Credit Suisse inquiry will keep files secret for 50 years, says report

Financial Express

📝 ideaForge investor Celesta eyes investment in 10-15 Indian startups

📝 Staff costs would rise by a modest 12% in FY24: Study

📝 Land acquisition issues plague warehousing investors

📝 China, Vietnam’s share in India’s steel import basket rises during June 2023: Official data

📝 DICGC asks banks to display its logo, QR code on their websites

📝 Commerce secy to visit UK as 11th round of FTA talks enter final stretch

Mint

📝 Sovereign gold bond sales hit record ₹4,600 cr in Junweryg

📝 Electricity assets worth ₹15K cr set for monetization

📝 Global firms eye India entry via franchises

📝 EIB may announce 500 million euro funding for renewable energy sector: Report

📝 Pakistan lost $8.3 bn in remittances, exports in FY23 amid IMF bailout bid

📝 Microsoft signs agreement to keep Call of Duty on Sony Playstation

📝 Govt defers tariff cut for EU tech goods to save local cos

📝 Flair Writing Industries eyes ₹745 crore IPO to fund expansion plans

📝 Govt sets up control room to prevent disruptions on NHs due to heavy rains

📝 Top 8 listed realty firms' net debt plunge 43% to ₹23,000 cr in last 3 years.

Nifty IT hits 52 week high, gaining almost 9% from Thursday's low of 29115.

Photo from Axiit Shah

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 17-07-2023 :*

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

*TOTAL NET BUY : +3845* 😄

*INDEX FUT. : +217*

*INDEX OPT. : +3793*

*STOCK FUT. : +41*

*STOCK OPT. : -207*

*SEC. IN F&O BAN FOR, 18 JULY, 2023 :*

*1. DELTACORP 2. RBLBANK 3. IBULHSGFIN 4. MANAPPURAM*

*ADDITION : NIL*
*DELETION : HINDCOPPER, PNB*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 17-JULY-2023 :*

*FIIS : BUY +73 (8,286-8,213)* 🙂

*DIIS : BUY +65 (7,183-7,118)* 🙂

*BSE SENSEX : +529 (66,590)🔼*

*NSE NIFTY : +147 (19,711)*🔼

*BSE MIDCAP. : +84 (29,477)*🔼

*BSE SMLCAP. : +285 (33,987)*🔼

*B. CRUDE : $ 79.05* 🔽 😊

*GOLD: $1952=INR 58,400(10gr)* 🔽 😔

*SILVER : RS. 78,000 (kg) (5pm)* 🔼 😊

*FOREX : RS. $ 82.05* 🔼 🙂

*7.26% GOI '33: 7.0758%(101.2575)*🔽🙂

*7.41% GOI '36 : 7.1651% (102.08)*🔽🙂