*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

Mkt. Updates :

GIFT Nifty +20 pts (19670) from last trade 19650 ,

Nikkei +234 pts ,
Hangseng -52 pts ,


Dow -195.74 pts ,Nsdq -10.68 pts, S&P
-18.94 pts , Bovespa -445 pts , Ftse -14 pts , Dax -53 pts , Cac -24 pts , Crude @ $86.80 brl (+0.11), Brent @ $90.05 brl (+1.05) , Gold @ 1951.40 (-1.20), Silver @ $23.875 (-0.00), Euro @ $1.0724, JPY @ $147.61,  INR @ 83.035


*US GOVT. 10-YR YIELD : 4.27%*


*Today's Corporate Action, 06 Sept Ex Date :*

BBL
Dividend - Rs. - 40.0000
BHARATRAS
Final Dividend - Rs. - 1.5000
HALDYNGL
Final Dividend - Rs. - 0.7000
MODIS
Final Dividend - Rs. - 1.0000
NATPLASTI
Final Dividend - Rs. - 1.0000
ROUTE
Final Dividend - Rs. - 2.0000
SHILCTECH
Bonus issue 1:1 
TBZ
Final Dividend - Rs. - 1.7500
YUKEN
Final Dividend - Rs. - 0.80000


*Today's Key Results/Board Meetings, 06-Sep-23 :*

AARTECH
General;A.G.M.   
CONCORDBIO
Quarterly Results   
DELTA
A.G.M.   
ESSARSEC
General   
GENNEX
A.G.M.   
KAARYAFSL
General;A.G.M.   
KAVVERITEL
General   
MIC
General   
NAM
A.G.M.   
PRUDMOULI
A.G.M.   
RSCINT
A.G.M.   
STDSFAC
A.G.M.   
SVRL
General;Bonus issue;Increase in Authorised Capital 
TVOLCON
General;A.G.M.   
UNITINT
General;A.G.M.   
USHDI
Quarterly Results   
VISIONCINE
General   
ZBINTXPP
A.G.M.   


*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*

*News Headlines from Business News Agencies :*

*Business Standard :*

• Indian sugar production concerns drive local prices to 6-year high

• CBI arrests GAIL Exec Director KB Singh in ₹ 50 lakh bribery case

• India added highest mobile subscriptions in June quarter globally: Ericsson

• Hitachi Payment Services launches India's first-ever UPI-ATM with NPCI

• Power demand to grow 70% by 2032 with focus on non-hydropower renewable

• Discussions on global framework to regulate crypto underway: FM Sitharaman

• Reliance Retail opens Metro Cash & Carry stores; to continue wholesale biz

• Coherent Corp to come up with first global center of excellence in India

• Edible oil prices may not rise during festive season due to good supply

• August PMI services comes at 60.3 on strong order book; output elevated

• FSIB recommends Vinay Tonse for MD position in State Bank of India

• Paytm disbursed loans worth ₹ 5,517 crore in August, average MTU up 20%


*Economic Times :*

• Indian REITs Association launched; sets agenda for growth, governance and investor advocacy

• Addressing cybersecurity risks at stock exchanges, clearing corporations: SEBI Chief Buch

• RBI looking to put more wholesale transactions under e-rupee ambit: Sources

• Daimler India names Sreeram Venkateswaran as President, Chief Business Officer

• Volvo Car India expects 'good' festival season for domestic auto industry

• Centre for second PLI scheme for processing millet-based foods: Food Processing Secretary

• India has potential to clock 100 billion UPI transactions a month: NPCI CEO Dilip Asbe

• China to launch new $40 bn state fund to boost chip industry, sources say

• QIA, UK’s Grosvenor invest over ₹ 1,240 cr in IndoSpace’s fourth logistics fund

• Institutional investments in alternatives cross $2 bn in 5 years: Colliers

• India's auto sales up by 9%, 3W sales at record high in August: FADA

• Ethos board approves fund raise up to ₹ 250 cr via QIP


*Mint :*

• India in talks with Latin American, African countries for UPI: Official

• NCLT asks SpiceJet to resolve issues with lessors

• Qantas Airways CEO Alan Joyce steps down amid ticket scandal

• Tata, Adani, JSW among firms seeking to build ₹ 3.1 tn of pumped storage

• JSW-MG Motor deal likely in two months

• RBI allows pre-sanctioned credit lines through UPI

• Zerodha MF files papers with SEBI for two schemes

• Pepperfry: Co-founder Ashish Shah becomes CEO of the furniture startup

• HC rejects Dish TV promoter plea against Yes Bank, JC Flowers

• SpiceJet issues shares to lessors to clear ₹ 231 crore dues

• Jupiter Wagons board approves raising up to ₹ 700 cr via QIP

• Som Distilleries board approves fund raise up to ₹ 350 cr via QIP

India Daybook Stocks in News

*NBCC:* Company gets project worth ₹2,000 crore from Kerala State Housing Board (Positive)

*3i Infotech:* Forms Strategic Partnership with InsureMO Offering PaaS to Enterprises (Positive)

*Tata Power:* Tata Motors Limited partners with Tata Power Renewable Energy Limited to develop a 12 MWp solar project at its Pune manufacturing facility (Positive)

*Nila Infra:* Company gets order for construction of 1694 dwelling units of total estimated development cost of INR 101.64 crores (Positive)

*Vedanta:* Zambia agrees to return of Konkola Copper mines to Vedanta Resources. (Positive)

*Exide:* Company's lithium-ion cell project secures Rs 2,000 crore line of credit from banks - Moneycontrol (Positive)

*Union Bank/Bank Baroda:* IREDA has signed MoUs with Union Bank of India and Bank of Baroda, to co-finance renewable energy projects. (Positive)

*Power Grid:* Company has won the inter-state transmission system project on build, own, operate and transfer basis in Rajasthan. (Positive)

*Gensol Eng:* The Board has approved a bonus issue in the proportion of 2:1 (Positive)

*Welspun Ind:* Company is looking at investing around Rs 300 crore in the immediate future (Positive)

*Patel Engineering:* Its joint venture has bagged a Rs 1,275.30 crore order in Madhya Pradesh (Positive)

*Hinduja Global Solutions:* Companyannounced a strategic partnership with the Government Digital Service (GDS) in the UK (Positive)

*NRB Bearings:* Mirae Asset bought Additional 31.94 Lakh Shares or 3.296% Stake via Open Market On 4-September (Positive)

*SBI Card:* Company adds new features to AURUM super premium credit card (Neutral)

*Jio Financial:* Company to exit Nifty 50, other indices from September 7 (Neutral)

*Syrma SGS:* Completes Acquisition of Majority Stake in Johari Digital Healthcare Limited (Neutral)

*Bikaji Foods:* Lighthouse India Fund offloaded 1.3 percent stake while Plutus Wealth Management LLP has bought 13.5 lakh shares. (Neutral)

*Safari Ind:* SBI Life Insurance Company has bought Rs 77.38 crore worth shares in Safari Industries. (Neutral)

*HDFC AMC:* Amaresh Jena has resigned as Head – Marketing of the asset management firm, with effect from September 8 (Neutral)

*ZEEL:* The lender has moved the National Company Law Appellate Tribunal (NCLAT) against the order for allowing merger with Culver Max Entertainment. (Neutral)

*Jubilant Ingrevia:* Commercial Paper of Rs. 175 Crores issued on July 14, 2023, has been fully redeemed by the Company. (Neutral)

*Mangalore Chem:* Promoter Pledge Additional 10 Lakh Shares (Neutral)

*Nazara:* Company to consider and approve Preferential issue of shares (Neutral)

*Kernex Micro:* To Consider & Approve Raising of Funds Via Preferential Issue. (Neutral)

*Sterling and Wilson:* India Ratings and Research has downgraded the long term issuer rating to ‘IND BB-’ for the Company’s long term fund and non-fund facilities

*Usha Martin:* Promoter Usha Martin Ventures Sold 2 Lakh Shares via Open Market

Economic Times

📝 Vedanta Resources in talks with Standard Chartered Bank for $1.3 billion loan

📝 Govt to reassess mandatory joint audit plan for big companies

📝 HPCL plans new green energy, lubes subsidiaries

📝 Soonicorn Ventures gets Sebi nod to launch Rs 250 cr angel fund

📝SMAHI Hotels, Motisons Jewellers get Sebi nod to float IPOs

📝 Nitin Gadkari pitches for diversification of agriculture towards energy, power sectors

📝 CBDT processed 88% ITR, refunds over Rs 2.45 crore issued till September 5

📝 Aditya-L1 successfully performs the second earth-bound manoeuvre, informs ISRO

📝 Exide's lithium-ion cell project secures Rs 2,000 crore line of credit from banks

📝 RBI in advanced talks with European Securities and Markets Authority

📝 India's power demand to grow above 70 pc by 2032: Report

📝 Interior designer startup Flipspaces raises $4 million in equity-debt mix

📝 Space startup Manastu raises $3 million in pre-series A funding

📝 Israel-based startup ThetaRay raises $57 million in private round

Business Standard

📝 Sebi plans to usher in the era of 1-hour trade settlement by early 2024

📝 Vistara to add 10 planes, 1,000 people this FY; shelves plan to fly to US

📝 IBBI proposes changes to voting on bids for bankrupt companies under IBC

📝 Half of Rs 2,000 banknotes in circulation back in system: RBI Governor

📝 India Inc's profit-to-GDP ratio dips slightly in FY23; financial pie up

📝 IKIO Lighting IPO gets subscribed 66.3 times on concluding day of issue

📝 FM Sitharaman asks financial entities to ensure customers nominate heirs

Financial Express

📝 QIA, Grosvenor lead $150-mn IndoSpace funding

📝 Tata Power Renewable Energy signs PDA with Neosym to set up 26 MW captive solar plant

📝 BHEL bags order from NHPC for 2,880 MW Dibang Multipurpose Project in Arunachal Pradesh

📝 India Inc’s Rs 10 crore-plus salary club swells in FY23

📝 Govt likely to extend laptop licensing by a year

📝 India’s services sector activity moderates in Aug; exports expand at series record pace

📝 India seeks to fill a China-sized gap in global economic growth

📝 NCCF, Nafed sell onion from buffer on e-NAM; turnover rises to Rs 24,717 crore in Apr-Aug

📝 Sebi issues template for info sharing by credit rating agencies to debenture trustees

Mint

📝 Clear lease dues via shares, SpiceJet told

📝 Vehicle registrations up nearly 9% in Aug


📝 India in talks with countries in LatAm, Africa for UPI, RuPay

📝 E-way bills hit record 93.4 mn in Aug, signalling festive boost

📝 Paytm records 20% rise in monthly users in July-August, GMV up 43%

📝 Brent crude at $90/barrel as Saudi Arabia and Russia extend production cut

📝 China: Housing crisis spurs record defaults, hits private developers.

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 06-09-2023 :

FIIS F & O : RS. CRS. :

*TOTAL NET SELL : -8003* 😭

*INDEX FUT. : -32*

*INDEX OPT. : -5578*

*STOCK FUT. : -2318*

*STOCK OPT. : -73*

*SEC. IN F&O BAN FOR, 07-Sep-23 :*

*1. BALRAMCHIN 2. BHEL 3. HINDCOPPER 4. IBULHSGFIN 5. INDIACEM 6. DELTACORP 7. SAIL 8. MANAPPURAM*

*ADDITION : SAIL, MANAPPURAM*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 06-SEP-2023 :*

*FIIS : SELL -3,246 (9,994-13,240)* 😥

*DIIS : SELL -247 (10,203-10,450)* ☺️

*BSE SENSEX : +100 (65,880)🔼*

*NSE NIFTY : +36 (19,611)*🔼

*BSE MIDCAP. : +40 (32,122)*🔼

*BSE SMLCAP. : -16 (37,948)*🔽

*B. CRUDE : $ 90.30* ↔️ 😳

*GOLD: $1918=INR 59,370(10gr)* ↔️ 😳

*SILVER : RS. 75,000 (kg) (5pm)* 🔽 😩

*FOREX : RS. $ 83.14 🔽 ☺️*

*7.26%GOI '33: 7.2083%(100.34)↔️☺️*

*7.18%NEW '33: 7.1797%(99.9950)🔼☺️*

*7.18%GOI '37: 7.2749% (99.1675)🔼☺️*

Bhav copy 1989 @AlliesFin

Mkt. Updates :

GIFT Nifty -40 pts (19625) from last trade 19665 ,

Nikkei -33 pts ,
Hangseng -144 pts ,


Dow -198.78 pts ,Nsdq -148.48 pts, S&P
-31.35 pts , Bovespa -1345 pts , Ftse -11 pts , Dax -30 pts , Cac -60 pts , Crude @ $87.70 brl (+0.16), Brent @ $90.60 brl (+0.16) , Gold @ 1940.70 (-3.50), Silver @ $23.425 (-0.07), Euro @ $1.072, JPY @ $147.75,  INR @ 83.195


US GOVT. 10-YR YIELD : 4.29%


Today's Corporate Action, 07 Sept Ex Date :

BANCOINDIA
Final Dividend - Rs. - 14.0000
BNALTD
Dividend - Rs. - 0.5000
EXCELINDUS
Final Dividend - Rs. - 11.2500
GSFC
Dividend - Rs. - 10.0000
JTLIND
Bonus issue 1:1 
KEMP
Final Dividend - Rs. - 12.0000
KOPRAN
Dividend - Rs. - 3.0000
MAZDALTD
Final Dividend - Rs. - 14.0000
MITSU
Final Dividend - Rs. - 0.2000
MULTIBASE
Final Dividend - Rs. - 2.0000
REPCOHOME
Final Dividend - Rs. - 2.7000
SHREYAS
Final Dividend - Rs. - 1.5000
TIRUFOAM
Final Dividend - Rs. - 1.00000


Today's Key Results/Board Meetings, 07-Sep-23 :

EVERTEX
A.G.M.   
FOODSINIssue Of Warrants;Preferential Issue of shares 
GUJCOTEX
General;Preferential Issue of shares;Increase in Authorised Capital
INSILCO
Quarterly Results   
NRBBEARING
General;A.G.M.   
PBGLOBAL
A.G.M.   
SHRYDUS
A.G.M.   
STRLGUA
General;A.G.M.   
TRANOCE
A.G.M.   
VISIONCO
A.G.M.   
ZENITHSTL
A.G.M.


SEC. IN F&O BAN FOR, 07-Sep-23 :

1. BALRAMCHIN 2. BHEL 3. HINDCOPPER 4. IBULHSGFIN 5. INDIACEM 6. DELTACORP 7. SAIL 8. MANAPPURAM

ADDITION : SAIL, MANAPPURAM
DELETION : NIL

India Daybook – Stocks in News

TCS: Company announces 800-million-pound pact with JLR digital unit to drive its 'reimagine' strategy (Positive)

VBL: PepsiCo announces Rs 770-crore investment in Assam with new plant (Positive)

Lupin: Company forges a collaboration with Mark Cuban Cost Plus Drug Company (Cost Plus Drugs) to expand availability of Tiotropium Bromide Inhalation Powder (Positive)

RHI Magnesita: CCI India approves acquisition of up to 20.9% stake of RHI Magnesita NV by Ignite Luxembourg Holdings (Positive)

Force Motors: August total production at 3,032 units; domestic sales at 2,601 units; exports at 675 units (Positive)

Power Companies: Power demand is expected to increase further in September according to Ministry (Positive)

AU Small Bank: Enters Into Bancassurance Tie-ups with Star Health & Bajaj Allianz Life Insurance. (Positive)

Bombay Dyeing: 18 Acres of Company’s mill land in Worli is expected to be sold to the Japanese conglomerate Sumitomo for roughly Rs 5000 Crores. (Positive)

Biocon: Subsidiary has completed the integration of the acquired biosimilar business from Viatris in North America effective September 1. (Positive)

Responsive Industries: Company has bagged a contract for the Garib Rath initiative from Indian Railways. (Positive)

REC: Company has signed a foreign currency term loan agreement for $100 million with Export-Import Bank of India (Positive)

Varroc Engineering: Comapny to buy up to 26% stake in AMP Energy SPVs. (Positive)

Reliance Ind: Reliance Retail acquires 51% stake in Alia Bhatt's kid and maternity fashion brand Ed-a-Mamma (Neutral)

TVS Motors: TVS Apache RTR 310 launched in India at Rs 2.43 lakh (Neutral)

Veranda: Board meet today to Consider Fund Fund Raising Via NCDs/ Bonds Worth Rs 1000 Crores (Neutral)

Nazara: Board meet today to Consider Fund Raising via Preferential Issue. (Neutral)

Tata Consumer: Says Not in Talks to Buy Stake in Haldiram’s (Neutral)

Safari Ind: Investcorp sold its stake in luggage maker Safari Industries. (Neutral)

Paytm: Company is dropping plans to start an insurance business, ET Now (Neutral)

Globus Spirits: MOSL Midcap Fund sold 2,00,000 Shares at Rs 918.25/ Share. (Neutral)

Dreamfolks: Smallcap World Fund sold 13,06,298 Shares at Rs 507.55/ Share. (Neutral)

PG Electroplast: Baring Private Equity Fund sold 1,95,500 Shares at Rs 1775.2/ Share (Neutral)

NRB Bearings: ACACIA Conservation Fund sold 19,63,200 Shares at Rs 270.19 Share. (Neutral)

News Headlines from Business News Agencies :

Business Standard :

• Cabinet approves Rs 1,100 cr for industrial dev scheme for HP, Uttarakhand

• Startup listings at GIFT City by end of this year, says IFSCA Chairman

• Ather Energy raises Rs 900 cr from Hero MotoCorp, GIC for expansion

• IDEMIA, Airtel, Nokia join hands for offline CBDC payment on feature phones

• Special Parliament session to be conducted in new building from Sept 19

• Sebi plans to usher in the era of 1-hour trade settlement by early 2024

• 86% housing projects launched between Jul 2017-Dec 2018 completed: Anarock

• Digital disruptor brands likely to reach $10 billion by FY28: Report

• Intel plans for 1.8nm chips by 2025 to challenge Samsung, TSMC dominance

• Apple working on affordable MacBook lineup to challenge Chromebooks: Report

• Credit demand to remain robust, to clock about 14% growth: SBI chairman

• India seeks to host global repository of digital public infra: MoS IT


Economic Times :

• TCS wins $1 billion deal with Tata Sons-owned British carmaker JLR

• IBM renews collaboration with IIT Bombay and IISc to drive hybrid cloud & AI innovation

• UPI transactions may soon touch 100 billion a month, says NPCI CEO

• AmpIn Energy to supply 4.5 MW solar power to Allana Group plant in Aligarh

• PepsiCo's food manufacturing plant to come up in Assam's Nalbari

• REC raises USD 1.15 billion in August from 6 banks

• lndiaRF to acquire API, CRAMS business of Ind-Swift Labs

• Tata Steel, ABB India partner to co-develop technology to reduce carbon footprint in steel making

• Old Bridge Capital Management gets Sebi nod for mutual fund business

• IDEMIA, Airtel Payments, HMD Global tie up for Digital Rupee on feature phones

• Go First lessor seeks replacement of parts 'robbed' from grounded planes in India

• China bans government officials from using iPhones for work: WSJ report


Mint :

• Abbott India recalls antacid Digene Gel after DCGI advisory

• Reliance Retail acquires majority stake in Alia Bhatt’s Ed-a-Mamma brand

• Ratnaveer IPO: Issue subscribed 93.87 times so far; NIIs bid highest on day 3

• Vedanta Resources in discussion with Standard Chartered Bank for $1.3 bn loan

• Hinduja Group plans to make investments in Nigerian auto industry

• Anil Agarwal’s Vedanta to regain control over Zambian copper mines

• Qualcomm to power luxury car infotainment systems for Mercedes and BMW

• India's fintech sector to contribute to 13% of global revenue by 2030: S. Das

• Nilesh Shah denies rumours of joining Jio BlackRock MF as CEO

• CEA to be verifying authority for inter-state captive power usage

• BGR Energy Systems to receive Rs 300 crore for settlement of DVC Contract

• Apollo Hospitals signs pact with Google Cloud for Apollo 24/7 Platform

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 07-09-2023 :

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

*TOTAL NET SELL : -14470* 😭😭

*INDEX FUT. : +1366*

*INDEX OPT. : -18190*

*STOCK FUT. : +2540*

*STOCK OPT. : -187*

*SEC. IN F&O BAN FOR, 08-Sep-23 :*

*1. BALRAMCHIN 2. BHEL 3. HINDCOPPER 4. IBULHSGFIN 5. INDIACEM 6. DELTACORP 7. SAIL 8. MANAPPURAM 9. PNB*

*ADDITION : PNB*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 07-SEP-2023 :*

*FIIS : SELL -759 (9,005-9,764)* 😩

*DIIS : BUY +28 (7,204-7,176)* 😳

*BSE SENSEX : +385 (66,265)🔼*

*NSE NIFTY : +116 (19,727)*🔼

*BSE MIDCAP. : +253 (32,375)*🔼

*BSE SMLCAP. : +153 (38,101)*🔼

*B. CRUDE : $ 90.47* 🔼 ☺️

*GOLD: $1918=INR 59,370(10gr)* ↔️ 😳

*SILVER : RS. 74,300 (kg) (5pm)* 🔽 😩

*FOREX : RS. $ 83.21 🔽 ☺️*

*7.26%GOI '33: 7.1772%(100.55)🔽😊*

*7.18%NEW '33: 7.1548%(100.17)🔽🙂*

*7.18%GOI '37: 7.2502% (99.38)🔽😊*

@AlliesFin

Ratnaveer Precision Engineering Ltd

IPO concluded yesterday, and today they have initiated a debit balance, marking the commencement of T+3 settlement procedures.

Its the new ipo T+3 settlement process.

T.me/AlliesFin

*News Headlines from Business News Agencies :*

*Business Standard :*

• Foxconn seeks to work with STMicro to build semiconductor factory in India

• HCLTech wins multiyear cloud services deal from Germany's Siemens AG

• Groww Mutual Fund receives Sebi approval to launch its first index fund

• Vedanta Resources plans to meet investors as it faces $2 billion debt bill

• Wadia property may get sold for Rs 5,000 cr in Mumbai's biggest land deal

• Tomato prices pushed cost of vegetarian thali up 24% in August: CRISIL

• Essar signs deal with Vale to get raw material supply for Saudi steel plant

• Abbott India recalls batches of Antacid Digene gel

• Automaker SAIC Motor likely to partner with Indian company to expand base

• Fintech companies need to set up self-regulatory body: RBI governor

• India may invite Quad leaders as Republic Day guests next year: Report

• PowerMin issues steps for States to meet rising electricity demand


*Economic Times :*

• ONGC to infuse Rs 15,000 cr in OPaL, edge out GAIL to take control of petchem firm

• Hitachi Energy bags order from Ayana Renewable Power

• Domestic air passenger traffic to grow 8-13 pc this fiscal: Report

• Vale International to supply iron ore to Essar's steel project in Saudi Arabia

• Foxconn seeks to work with STMicro to build India chip plant

• India removes additional duties on certain US products

• Temasek leads $140 million Ola Electric funding at $5.4 billion valuation

• Birla Corp aims to double Mukutban cement plant output, boost profitability

• United Breweries appoints Vivek Gupta as MD & CEO

• Nazara Tech raises Rs 410 crore from SBI Mutual Fund

• Air India enters interline partnership with Bangkok Airways

• El Nino unlikely to cause sugar shortage in India: NFCSF


*Mint :*

• SEBI implements online payment system for Investor Protection and Education Fund

• New Jawa 42 Bobber Black Mirror launched in India at Rs. 2.25 lakh

• Airtel Payments Bank to enable face authentication for digital account opening

• GAIL India expects to source 20-25% of LNG on short-term or spot basis

• Oyo India CEO, Ankit Gupta and Europe Head, Mandar Vaidya quit ahead of IPO

• REC targets green loan portfolio of ₹3 trillion by 2030

• India, Nigeria move closer with $14 billion in
investment commitments

• Go First lessor asks for replacement of parts robbed from grounded planes

• Thomas Cook partners with NPCI to launch RuPay prepaid forex card

• Power Mech bags two orders worth ₹625.2 cr from Hind Zinc & Vedanta

• Anupam Rasayan board appoints Gopal Agrawal as CEO effective September 11

• J.B. Chemicals & Pharmaceuticals CFO Lakshay Kataria tenders resignation.

*India Daybook – Stocks in News*

*Mazagon Dock:* Company signs Master Ship Repair Agreement with the U.S. Government. (Positive)

*LTI Mindtree:* Company launched AdSpark and Smart Service Operations for Retail Media (Positive)

*Landmark Cars:* Company adds Mahindra & Mahindra vehicles into its offerings. (Positive)

*Sterlite Tech:* has partnered with TruVista to drive the growth and enhancement of South Carolina's rural connectivity infrastructure. (Positive)

*Wardwizard:* Company dispatched 1496 Units of Electric TwoWheelers in August '23, up 44 percent YoY (Positive)

*Samvardhan Motherson:* Ruler of Ras Al Khaimah formally inaugurates Motherson’s wiring harness facility in the UAE (Positive)

*Adani Total Gas:* Company to set up compressed biogas plant in Uttar Pradesh: Agencies (Positive)

*Ramco Systems:* Company in association with Ecosystm unveils study on Future of Employee Experience (Positive)

*Tata Steel:* Company and Avaada sign pact for green hydrogen and green ammonia project in Odisha. (Positive)

*Wonderla:* ICRA has upgraded long term rating of the company from [ICRA] A+ to [ICRA] AA-. (Positive)

*ICICI Lombard:* August Premium grew by 16.0 percent YoY (Positive)

*Star Health:* August Premium grew by 19.0 percent YoY (Positive)

*Max Life:* August Premium grew by 35.6 percent YoY (Positive)

*HDFC Life+:* August Premium grew by 25.9 percent YoY. (Positive)

*SBI Life:* August Premium grew by 15.7 percent YoY. (Positive)

*Hitachi Energy:* Company has won a contract from Ayana Renewable Power to provide a grid connection solution for their upcoming 300-megawatt solar photovoltaic power. (Positive)

*Oricon:* Agreements for sale of assets of its Petrochemical unit situated at village Niphan and Anandwadi, District Raigarh, Maharashtra (Positive)

*Ashok Ley:* Unveiled Electric Light Commercial Vehicles from Switch Mobility - the IeV Series .. India’s first electric commercial vehicles in its category (Positive)

*JB Chemicals:* Lakshay Kataria resigns as CFO of the company w.e.f. Nov 30, 23 (Neutral)

*NIACL:* August Premium grew by 3.0 percent YoY (Neutral)

*LIC:* August Premium fell by 34.7 percent YoY (Neutral)

*ICICI Pru:* August Premium fell by 5.4 percent YoY. (Neutral)

*Campus Activewear:* Piyush Singh has resigned as Chief Operating Officer of the footwear company (Neutral)

*Exide:* Company said it has made a strategic investment of Rs 100 crore in its wholly-owned subsidiary. (Neutral)

*Shemaroo:* CGST & Central Excise Department carries out search operations at the company’s premises on September 5 & detains top executives & grants bail

*Zodiac:* Care revised outlook from Stable to Negative is on account of continuing PBILDT level losses as reflected by Q1FY24 numbers

GIFT Nifty +17 pts (19785) from last trade 19768 ,

@AlliesFin

Nikkei -303 pts ,

Dow +57.54 pts ,Nsdq -123.64 pts, S&P
-14.34 pts , Bovespa Clsd , Ftse +15 pts , Dax -22 pts , Cac +2 pts , Crude @ $86.50 brl (-0.37), Brent @ $89.58 brl (-0.34) , Gold @ 1945.20 (+2.70), Silver @ $23.245 (-0.00), Euro @ $1.0171, JPY @ $146.76,  INR @ 83.155


*Today's Corporate Action*
*8th Sept Ex Date*


AAATECH
Final Dividend - Rs. - 0.5000
AGARIND
Dividend - Rs. - 2.5000
ATL
Final Dividend - Rs. - 0.5000
BAJAJST
Final Dividend - Rs. - 3.0000
BRIGHTBR
Final Dividend - Rs. - 1.0000
CEINSYSTECH
Final Dividend - Rs. - 2.0000
COCHINM
Dividend - Rs. - 8.0000
FCL
Final Dividend - Rs. - 0.8000
GICRE
Final Dividend - Rs. - 7.2000
GIPCL
Final Dividend - Rs. - 3.7500
GUJCRAFT
Final Dividend - Rs. - 1.0000
HARLETH
Dividend - Rs. - 1.0000
JAYBARMARU
Final Dividend - Rs. - 1.7500
JAYSYN
Final Dividend - Rs. - 0.2500
JBMA
Final Dividend - Rs. - 1.3000
KANPRPLA
Final Dividend - Rs. - 0.5000
KPT
Final Dividend - Rs. - 1.5000
LODHA
Dividend - Rs. - 1.0000
MAXHEALTH
Final Dividend - Rs. - 1.0000
MOIL
Final Dividend - Rs. - 0.6899
NACLIND
Final Dividend - Rs. - 0.2500
NAHARCAP
Dividend - Rs. - 1.5000
NAHARPOLY
Dividend - Rs. - 1.5000
NAHARSPING
Dividend - Rs. - 1.5000
NIACLFinal Dividend - Rs. - 1.9300
POLYPLEX
Dividend - Rs. - 3.0000
PPAP
Final Dividend - Rs. - 0.5000
REMSONSIND
Final Dividend - Rs. - 1.5000
RESPONIND
Dividend - Rs. - 0.1000
RITES
Final Dividend - Rs. - 6.0000
RSWM
Final Dividend - Rs. - 5.0000
SARDAEN
Final Dividend - Rs. - 7.5000
SARDAEN
Special Dividend - Rs. - 7.5000
SEML
Bonus issue 1:1 
SWISSMLTRY
Final Dividend - Rs. - 0.1600
TAJGVK
Dividend - Rs. - 1.0000
TATVA
Final Dividend - Rs. - 2.0000
VENKYS
Final Dividend - Rs. - 6.0000
ZENTEC
Final Dividend - Rs. - 0.2000
ZFSTEERING
Dividend - Rs. - 5.0000




*Today's Key Results/Board Meetings*
*8-Sep-23*


.ADVLIFE
Bonus issue
CCHHLA.G.M.
DATAINFRA
General
GGAUTO
Increase in Authorised Capital;Issue Of Warrants
INDITALIA
A.G.M.
RESPONIND
General
SANCF
General;Preferential Issue of shares
SBRANDS
A.G.M.
STARLOG
A.G.M.
VICEROY
General
XOINFO
General;A.G.M.
ZEXDONTR
General;A.G.M.

*Stock under F&O ban on NSE*
*8-Sep-23*

1 BALRAMCHIN
2 BHEL
3 DELTACORP
4 HINDCOPPER
5 IBULHSGFIN
6 INDIACEM
7 MANAPPURAM
8 PNB
9 SAIL

T.me/AlliesFin