*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 01-09-2023 :*

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

*TOTAL NET SELL : -2496* 😥

*INDEX FUT. : +98*

*INDEX OPT. : -4225*

*STOCK FUT. : +1751*

*STOCK OPT. : -121*

*SEC. IN F&O BAN FOR, 04-SEP-23 :*

*1. IBULHSGFIN*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 01-SEP-2023 :*

*FIIS : BUY +488 (15,219-14,731)* 🙂

*DIIS : BUY +2,295 (10,889-8,594)* 😃

*BSE SENSEX : +556 (65,387)🔼*

*NSE NIFTY : +181 (19,435)*🔼

*BSE MIDCAP. : +235 (31,435)*🔼

*BSE SMLCAP. : +277 (37,420)*🔼

*B. CRUDE : $ 88.34* 🔼 😭

*GOLD: $1936=INR 59,370(10gr)* 🔽 ☺️

*SILVER : RS. 77,900 (kg) (5pm)* ↔️ 😳

*FOREX : RS. $ 82.71 🔼 🙂*

*7.26% GOI '33 : 7.1671%(100.62)↔️☺️*

*7.18% NEW '33 : 7.1390%(100.2825)🔼☺️*

*7.18% GOI '37 : 7.2378% (99.4875)🔼☺️*

Revision in expiry day for Nifty Bank options derivatives Weekly contract cycle. T.me/AlliesFin

Like and share telegram.me/AlliesFin

*News Headlines from Business News Agencies :*

*Business Standard :*

• India's GDP growth accelerates to four-quarter high of 7.8% in Q1 FY24

• Tata Steel in advanced talks to secure funds for UK plant: Reports

• Walmart increases stake in Flipkart, pays $3.5 bn to acquire further shares

• TVS Motor Aug sales: 2W sales up 5% to 332,110 units, overall sales up 4%

• Moody's raises India's growth forecast to 6.7% for 2023, lowers it for 2024

• Nomura raises India's economic growth forecast for FY24 to 5.9%

• Air India onboarded 650 pilots since April 2023, says CEO Campbell Wilson

• Bajaj Finance plans to scale up presence in 1,000 cities for B2B segment

• Weak monsoon may impact rural demand: Nestle India CMD Suresh Narayanan

• Reliance Retail in talks with global investors to raise $2.5 billion

• India sees driest August since 1901, Sept rains could be 'normal': IMD

• Torrent Pharma gears up to buyout Cipla promoters, approach PE funding

• Mahindra Logistics to provide Flipkart with heavy commercial vehicles

• Optiemus partners with Corning International to produce smartphone glass

• M&M August sales up 19% overall, automaker reports 26% growth in SUVs


*Economic Times :*

• NTPC, Oil India ink pact to explore collaborations in renewable energy, hydrogen space

• Sebi looking to set up performance validation agency to verify claims of intermediaries

• Rooftop solar installations see 3.2 pc growth at 872 MW in January-June: Mercom

• Bank credit outstanding to real estate rises to record Rs 28 lakh crore in July: RBI

• Reliance launches 'Campa Cricket' drink ahead of marquee tournaments like World Cup

• Ola joins ONDC with food-delivery plugin
• Arkade Developers files papers with Sebi for Rs 430-crore IPO

• Housing.com parent firm REA India's revenue rises 46% to over Rs 430 crore

• Tata Motors sees muted growth in auto sales in August; PV sales down 3%, CV up 2%

• India Inc set to show further improvement in credit metrics in Q2: Report

• Zerodha cofounder Nikhil Kamath may acquire more stake in Nazara Technologies

• Broadcom forecasts quarterly revenue below expectations on broader demand weakness

• Dell raises full-year forecasts on AI strength, demand recovery

• Maruti records highest ever monthly sales volume in August at 1.89 lk units


*Mint :*

• India's GST collections for August up 11% to ₹1.59 lakh crore

• Ola joins government-backed ONDC for food delivery services: Report

• CCI clears Air India-Vistara merger

• Inconsistent monsoons, weak rural consumption could slow growth: SBI Caps

• India’s beauty and personal care market to touch $30 billion by 2027

• Government launches incentive scheme to improve tax compliance at retail level

• RBI announces premature redemption dates for Sovereign Gold Bonds

• Uday Kotak resigns as MD & CEO of Kotak Mahindra Bank, 3months ahead of schedule

• Coal India August production up 13.2% at 52.3 MT Vs 46.2 MT (YoY)

• Ola likely to hire a veteran Unilever executive as CEO for cab business: Report

• BSE raises share buyback price to ₹1,080 apiece; record date fixed on Sept 14

• Centre seeks bids for IMPCL's strategic disinvestment

• JSW Cement to launch ₹4,000-cr IPO in 2024

• Jalan Kalrock Consortium deposits another ₹100 cr in Jet Airways under revival plan

• Government raises natural gas prices to $8.60 per mmBtu

India Daybook Stocks in News

*IDBI Bank:* Bids invited to appoint an asset valuer for strategic divestment of IDBI Bank. (Positive)

*Biocon:* Company acquires Eywa Pharma’s oral solid dosage manufacturing facility, located in New Jersey, US for $7.7 million. (Positive)

*Hindalco:* Company enters into a Shareholder’s Agreement & Power Purchase Agreement with Seven Renewable Power Private Limited for acquisition of 26% stake in SRPPL. (Positive)

*Lemon Tree Hotels:* Signs a license agreement for an 80 room property in Dehradun, Uttarakhand. (Positive)

*Hero Motocorp:* Total sales at 4.89 lk vs 4.63 lk, up 5.6% (YoY). (Positive)

*Eicher Motors:* Total sales at 77,583 units Vs Nomura’s estimate of 75,000 units (YoY). (Positive)

*VST Tillers:* August sales up 12% at 4,037 units vs 3,602 units (YoY) (Positive)

*Coal India:* August production up 13.2% at 52.3 MT Vs 46.2 MT (YoY) while offtake up 15.3% at 59 MT vs 51.2 MT. (Positive)

*NMDC:* August production up 37.5% at 3.41 mt vs 2.48 mt (YoY), sales up 25% at 3.54 mt vs 2.83 mt (YoY). (Positive)

*ICICI Lombard:* IRDAI Approves ICICI Bank To Increase Shareholding In ICICI Lombard In Multiple Tranches Up To 4.0% (Positive)

*MOIL:* Delivers best August production since inception, registering a growth of 53% YoY (Positive)

*Bajaj Auto:* RBI grants certificate of registration to unit Bajaj Auto Consumer Finance: Agencies. (Positive)

*Reliance Ind:* Reliance Retail in talks with global investors to raise $2.5 bn by Sept 30: Agencies. (Positive)

*Nazara tech:* To Consider fund raising via issue of equity shares/ securities on Preferential Basis (Positive)

*Firstsource Solutions:* Company announces Ritesh Mohan Idnani as MD & CEO (Positive)

*Tata Power:* Company inks a PDA with Chalet Hotels Limited for 6 MW AC Group Captive Project (Positive)

*HP Adhesive:* To Consider Sub-Division/ Splitting of Equity Shares (Current Face Value of Rs 10) (Positive)

*Paras:* Patent Office, Government of India has granted 3 individual patents for the design of the products (Positive)

*Kopran:* MHRA - UK has renewed GMP Compliance Certificate for Company’s two plant. (Positive)

*Maha Seamless:* Company has received orders with cumulative basic value of Rs. 157 crores approx. from Oil India Ltd. and IOCL (Positive)

*GMR Infra:* Arm Receives Letter of Award worth Rs 5123.4 Crores from Purvanchal Vidyut Vitran Nigam In UP (Positive)

*RVNL:* Company bags Letter of Acceptance from Madhya Gujarat Vij Company for order of Rs 282 crore (Positive)

*Deepak Fertilizer:* Signs Two Gas Purchase Agreement With GAIL (Positive)

*Shilpa Med:* Gets Marketing Authorization From MHRA, UK, For Betahistine Dihydrochloride Orodispersible Films, 24 mg (Positive)

*M&M:* IFC to invest Rs 600 crore in tranches in M&M's subsidiary Mahindra Last Mile Mobility by subscribing to compulsorily convertible preference shares. (Positive)

*Infosys:* Completes Acquisition of Danske Bank's IT Centre in India (Neutral)

*Maruti:* August total production up 3.5% at 1.65 lakh units vs 1.59 lakh units (YoY) (Neutral)

*Jet Airways:* ED arrests Jet Airways founder Naresh Goyal in Rs 538-cr alleged bank fraud case (Neutral)

*ONGC:* Company approves capital restructuring of ONGC Petro additions. (Neutral)

*ITC:* Peter Rajatilakan Chittaranjan has stepped down from board (Neutral)

*Ashok Ley:* Total sales at 15,576 units Vs estimate of 15,661 units (YoY). (Neutral)

*Kotak Bank:* Uday Kotak Resigns As Kotak Mahindra Bank MD & CEO, Dipak Gupta takes interim charge (Neutral)

*Venus Pipes:* Arun Axaykumar Kothari Resigns As CFO Of The Co w.e.f. September 1, 2023. (Neutral)

*Oil upstream stocks:* Government cuts windfall tax on crude petroleum, SAED on diesel and ATF increased. (Neutral)

Mkt. Updates:

GIFT Nifty +36 pts (19556) from last trade 19520 ,

Nikkei +70 pts ,
Hangseng +210 pts ,


Dow +115.80 pts ,Nsdq -3.15 pts, S&P
+8.11 pts, Bovespa +2151 pts , Ftse +25 pts , Dax -106 pts , Cac -19 pts , Crude @ $85.55 brl (-0.00), Brent @ $88.55 brl (-0.00) , Gold @ 1967.10 (+0.50), Silver @ $24.452 (-0.00), Euro @ $1.0784, JPY @ $146.089,  INR @ 82.645


*US GOVT. 10-YR YIELD : 4.18%*


*Today's Corporate Action, 04 Sept Ex Date :*

ABIRAFN
Dividend - Rs. - 2.0000
AHLEAST
Dividend - Rs. - 2.5000
BIRLACABLE
Dividend - Rs. - 2.5000
ELECTCAST
Final Dividend - Rs. - 0.9000
GRAVITA
Final Dividend - Rs. - 4.3500
JAICORPLTD
Final Dividend - Rs. - 0.5000
LUDLOWJUT
Dividend - Rs. - 1.5000
MALLCOM
Final Dividend - Rs. - 3.0000
NIRLON
Final Dividend - Rs. - 11.0000
RADIANTCMS
Final Dividend - Rs. - 2.0000
TVSSRICHAK
Final Dividend - Rs. - 32.0500
UNIVCABLES
Final Dividend - Rs. - 3.0000
VINDHYATEL
Final Dividend - Rs. - 15.00000


*Today's Key Results/Board Meetings, 04-Sep-23 :*

AJWAFUN
A.G.M.;General   
ARIHANT
General   
ATAM
A.G.M.;Final Dividend   
AXITA
Employees Stock Option Plan;General  
BALUFORGE
A.G.M.;Issue Of Warrants;Preferential Issue of shares;Genera
lBBREALTY
A.G.M.   
BINDALEXPO
A.G.M.   
BIZOTIC
A.G.M.;Audited Results   
BMBMUMG
Quarterly Results   
CHOTHANI
A.G.M.   
COMMAND
A.G.M.;General   
DECIPHER
A.G.M.;General   
DEKSON
A.G.M.   
DSSLA.G.M.;General   
EMERALL
A.G.M.   
ESARIND
A.G.M.   
FRANKLIN
A.G.M.;General   
GANESHBE
A.G.M.   
GBFL
General   
GLCL
A.G.M.   
GVFILM
A.G.M.   
HARISH
A.G.M.;General   
HPAL
Stock  Split   
INDINFO
A.G.M.   
INLCM
Stock  Split   
INNOVATUS
A.G.M.;General   
JAINMARMO
A.G.M.;General   
JPTRLES
A.G.M.;General   
LADIAMO
A.G.M.;Audited Results   
MACKINNA.G.M.;Audited Results;General  
MHEL
Audited Results   
MISHKA
A.G.M.   
MUL
Preferential Issue of shares   
NAZARA
Preferential Issue of shares   
NVENTURES
A.G.M.;General   
ONELIFECAP
General   
PANCM
Quarterly Results;Audited Results  
PARMCOS-B
A.G.M.   
PITHP
A.G.M.   
PRISMMEDI
A.G.M.;General   
PUNJCOMMU
General   
RAINBOWF
A.G.M.   
RAYALEMA
A.G.M.;Preferential Issue of shares;General 
RGRL
A.G.M.;General   
RPPINFRA
A.G.M.;General   
RRFIN
A.G.M.;General   
SFSL
A.G.M.   
SHARMEH
A.G.M.   
SIROHIA
A.G.M.   
SOMICONV
A.G.M.;General   
SPITZE
A.G.M.;Bonus issue;Increase in Authorised Capital 
STRLGUA
General   
SUDIN
A.G.M.;Preferential Issue of shares  
SURYAINDIA
General   
TARINI
A.G.M.   
TERRAFORM
A.G.M.;Audited Results   
TERRAREAL
A.G.M.;Audited Results   
TRINITYLEA
A.G.M.   
TRITONV
Scheme of Arrangement   
VEEFIN
General   
YATHARTH
General  
 

*SEC IN F&O BAN FOR, 04-Sep-23*

*1. IBULHSGFIN*

Stocks To Watch: BEL, IDBI Bank, ONGC, Coal India, Hero Moto, Eicher, Infosys, Lupin, Hindalco In Focus

Bharat Electronics: The company is in pact with Israel Aerospace Industries to collaborate on short range air defense systems.

IDBI Bank: The Department of Investment and Public Asset Management has invited bids for asset valuers for the bank. The bids are expected to be submitted by Oct. 9. The asset valuer will work closely with transaction adviser and legal adviser. The government is looking to sell 30.48%, while Life Insurance Corp. of India is looking to offload 30.24% of its stake in IDBI Bank, along with the transfer of management control.

ONGC: The board has approved capital restructuring of ONGC Petro additions (OPAL). It includes buyback of convertible debentures of Rs 7,778 crore by ONGC and an investment of Rs 7,000 crore in equity/quasi-equity security of OPaL.

Coal India: The state-run miner's production rose 13.2% year-on-year to 52.3 million tonnes in August 2023. Comparative production for the month surged ahead by 6.1 MTs. Total coal supplies to all consuming sectors shot up by 15.3% to 59 MTs in August 2023. Supplies were up nearly 8 MTs in a single month.

Hero MotoCorp: The company's sales rose 5.4% year-on-year to 4.89 lakh units in August. Domestic sales rose 4.7% to 4.73 lakh units while exports rose 24.7% to 15,770 units.

Eicher Motors: The company's total motorcycle sales rose 11% year-on-year to 77,583 units helped by new launches such as the Hunter 350. Exports was up by 13% to 8,190 units.

Infosys: The IT major completed the acquisition of Danske Bank’s IT centre in India. Danske Bank selected Infosys as a strategic partner to accelerate digital transformation initiatives with speed and scale.

Hindalco Industries: The company has entered into a shareholder’s agreement and power purchase agreement with Seven Renewable Power for acquisition of 26% stake in SRPPL for Rs 32.5 lakh. It plans to develop and operate captive power plant to supply 100 MW round-the-clock renewable energy to its smelter located in Odisha.

C.E. Info system: The company acquired 35,000 CCPS at Rs 2,571 apiece constituting 18.62% on fully diluted basis of Kogo Tech Labs aggregating to around Rs 9 crore. The total shareholding shall become 39.89% on a fully diluted basis.

Tata Power: The company's unit Tata Power Renewable Energy signed a Power Delivery Agreement of group captive project for 6 MW AC with Chalet Hotels. The plant will generate 13.75 million units of clean energy from renewable sources under this arrangement.

Chalet Hotels: The company will acquire a 26% stake in TP Agastaya and set up of a group captive solar power plant in Maharashtra.

Lemon Tree Hotels: The company has signed a License Agreement for an 80-room property in Dehradun, Uttarakhand under the brand “Lemon Tree Premier”. The hotel is expected to be operational by Q3 of FY25.

Delta Corp: The company approved the voluntarily strike off of subsidiary Delta Offshore Developers, Mauritius. The striking off process will be undertaken as per the laws of Mauritius. It also approved the incorporation of Deltin Foundation, along with Highstreet Cruises and Entertainment.

Lupin: The drugmaker completed the acquisition of French pharma firm Medisol, following regulatory approval.

Mahindra & Mahindra: The company entered into an Asset Transfer Agreement and a Business Transfer Agreement with unit Mahindra Last Mile Mobility for transfer of identified assets and business pertaining to the Last Mile Mobility Business to MLMML.

Deepak Fertilisers: The company has signed two gas purchase agreement with GAIL (India) for the next three years with a gas basket consisting of a combination of Brent, HH and domestic linked.

Kotak Mahindra Bank: Uday Kotak resigned as MD and CEO effective Sept. 1, four months ahead of his retirement. Dipak Gupta, joint managing director of the private lender will conduct the duties of MD and CEO, until Dec 31, when a new CEO will be appointed.

Bulk Deals
IDFC First Bank: Cloverdell Investment sold 27.86 crore shares (4.2%) while Goldman Sachs-GQG Partners Intl Opportunities Fund bought 10.77 crore shares (1.63%) and GQG Partners Emerging Markets Equity Fund bought (0.96%) at Rs 89 apiece.
RattanIndia Power: ABARC-AST-002-Trust sold 2.98 crore shares (0.55%) at Rs 7.04 apiece.
Five-Star Business Finance: HDFC Mutual Fund bought 41.2 lakh shares (1.4%) at Rs 730 apiece while TPG ASIA VII SF PTE sold 90.57 lakh shares (3.1%) at Rs 730.62 apiece, Matrix Partners India Investment Holdings II sold 89 lakh shares (3%) at Rs 730.12 apiece and Norwest Venture Partners X - Mauritius sold 75.43 lakh shares (2.6%) at an average price of Rs 730.03 apiece.

STOCK LENDING OFFERS AT NSE @ALLIESFIN

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 04-09-2023 :*

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

*TOTAL NET BUY : +4188* 😃

*INDEX FUT. : +149*

*INDEX OPT. : +3920*

*STOCK FUT. : +738*

*STOCK OPT. : -619*

*SEC. IN F&O BAN FOR, 05-Sep-23 :*

*1. BALRAMCHIN 2. BHEL 3. HINDCOPPER 4. IBULHSGFIN 5. INDIACEM*

*ADDITION : BALRAMCHIN, BHEL, HINDCOPPER, INDIACEM*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 04-SEP-2023 :*

*FIIS : SELL -3,368 (6,833-10,201)* 😥

*DIIS : BUY +2,563 (10,461-7,898)* 😃

*BSE SENSEX : +241 (65,628)🔼*

*NSE NIFTY : +93 (19,528)*🔼

*BSE MIDCAP. : +301 (31,736)*🔼

*BSE SMLCAP. : +314 (37,734)*🔼

*B. CRUDE : $ 89.00* 🔼 ☺️

*GOLD: $1939=INR 59,430(10gr)* ↔️ 😳

*SILVER : RS. 77,200 (kg) (5pm)* 🔽 😩

*FOREX : RS. $ 82.74 🔼 🙂*

*7.26% GOI '33 : 7.2054%(100.36)🔼😩*

*7.18% NEW '33 : 7.1691%(100.07)🔼😩*

*7.18% GOI '37 : 7.2747% (99.17)🔼😩*

Team BHARAT 🇮🇳

Instant settlement of Indian stock market trades to come in by October 2024

https://economictimes.indiatimes.com/markets/stocks/news/instant-settlement-of-indian-stock-market-trades-to-come-in-by-oct-2024/articleshow/103397319.cms

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 05-09-2023 :*

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

*TOTAL NET BUY : +1330* 😃

*INDEX FUT. : +269*

*INDEX OPT. : +3228*

*STOCK FUT. : -1866*

*STOCK OPT. : -300*

*SEC. IN F&O BAN FOR, 06-Sep-23 :*

*1. BALRAMCHIN 2. BHEL 3. HINDCOPPER 4. IBULHSGFIN 5. INDIACEM 6. DELTACORP*

*ADDITION : DELTACORP*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 05-SEP-2023 :*

*FIIS : SELL -1,725 (8,414-10,139)* 😥

*DIIS : BUY +1,077 (8,580-7,503)* 😊

*BSE SENSEX : +152 (65,780)🔼*

*NSE NIFTY : +46 (19,574)*🔼

*BSE MIDCAP. : +346 (32,082)*🔼

*BSE SMLCAP. : +230 (37,964)*🔼

*B. CRUDE : $ 90.23* 🔼 😩

*GOLD: $1928=INR 59,430(10gr)* ↔️ 😳

*SILVER : RS. 75,500 (kg) (5pm)* 🔽 😥

*FOREX : RS. $ 83.04 🔽 😩*

*7.26% GOI '33 : 7.2068%(100.35)↔️☺️*

*7.18% NEW '33 : 7.1762%(100.02)🔼☺️*

*7.18% GOI '37 : 7.2726% (99.1875)↔️😳*

*SEBI may implement one-hour settlement of trades by March 2024, instantaneous settlement by Oct 2024*
https://www.cnbctv18.com/market/stocks/sebi-to-implement-one-hour-settlement-of-trades-by-march-2024-instantaneous-by-oct-2024-17722631.htm