All there is to investing is picking good stocks at good times and staying with them as long as they remain good companies.
Warren Buffett @AlliesFin 👌
Warren Buffett @AlliesFin 👌
@AlliesFin
19000 to 20000 👉 Just 52 sessions
18000 to 19000 👉Took 425 sessions
#AlliesFin
Best 1000 points run was between 16000 to 17000 in 19 sessions only
And the Journey for Amrit kal has just begun...
Allies Fin Serve
t.me/AlliesFin
🌟
.
19000 to 20000 👉 Just 52 sessions
18000 to 19000 👉Took 425 sessions
#AlliesFin
Best 1000 points run was between 16000 to 17000 in 19 sessions only
And the Journey for Amrit kal has just begun...
Allies Fin Serve
t.me/AlliesFin
🌟
.
Market updates
GIFT Nifty +72 pts (20118) from last trade 20046 ,
Nikkei +45 pts ,
Hangseng -81 pts ,
Dow +87.13 pts ,Nsdq +156.37 pts, S&P
+29.97 pts , Bovespa +1569 pts , Ftse +18 pts , Dax +56 pts , Cac +37 pts , Crude @ $87.32 brl (+0.03), Brent @ $90.64 brl (-0.00) , Gold @ 1944.70 (-2.40), Silver @ $23.39 (-0.00), Euro @ $1.0748, JPY @ $146.61, INR @ 82.905
*US GOVT. 10-YR YIELD : 4.30%*
*Today's Corporate Action 12 Sept Ex Date :*
AIAENG
Dividend - Rs. - 16.0000
BGWTATO
Final Dividend - Rs. - 2.0000
DHUNTEAIND
Final Dividend - Rs. - 3.0000
HINDHARD
Dividend - Rs. - 2.2000
JWL
Dividend - Rs. - 0.5000
LT
Buy Back of Shares
MSTC
Final Dividend - Rs. - 3.2000
POWERGRID
Bonus issue 1:3
PRITHVIEXCH
Final Dividend - Rs. - 0.5000
RACLGEAR
Final Dividend - Rs. - 1.5000
SKIPPER
Final Dividend - Rs. - 0.1000
*Today's Key Results/Board Meetings 12-Sep-23 :*
ACEMEN
General;Quarterly Results
MFSINTRCRP
General;Quarterly Results
TINEAGRO
Issue Of Warrants;General
TRIL
Preferential Issue of shares;General
*SEC. IN F&O BAN FOR, 12-Sep-23 :*
*1. BHEL 2. CHAMBLFERT 3. HINDCOPPER 4. IBULHSGFIN 5. INDIACEM 6. DELTACORP 7. MANAPPURAM 8. SAIL 9. PNB*
*ADDITION : BHEL*
*DELETION : BALRAMCHIN*
*Today's Alert :*
*RBI to Conduct Auction of SDLS BONDS for INR 151 Billion*
GIFT Nifty +72 pts (20118) from last trade 20046 ,
Nikkei +45 pts ,
Hangseng -81 pts ,
Dow +87.13 pts ,Nsdq +156.37 pts, S&P
+29.97 pts , Bovespa +1569 pts , Ftse +18 pts , Dax +56 pts , Cac +37 pts , Crude @ $87.32 brl (+0.03), Brent @ $90.64 brl (-0.00) , Gold @ 1944.70 (-2.40), Silver @ $23.39 (-0.00), Euro @ $1.0748, JPY @ $146.61, INR @ 82.905
*US GOVT. 10-YR YIELD : 4.30%*
*Today's Corporate Action 12 Sept Ex Date :*
AIAENG
Dividend - Rs. - 16.0000
BGWTATO
Final Dividend - Rs. - 2.0000
DHUNTEAIND
Final Dividend - Rs. - 3.0000
HINDHARD
Dividend - Rs. - 2.2000
JWL
Dividend - Rs. - 0.5000
LT
Buy Back of Shares
MSTC
Final Dividend - Rs. - 3.2000
POWERGRID
Bonus issue 1:3
PRITHVIEXCH
Final Dividend - Rs. - 0.5000
RACLGEAR
Final Dividend - Rs. - 1.5000
SKIPPER
Final Dividend - Rs. - 0.1000
*Today's Key Results/Board Meetings 12-Sep-23 :*
ACEMEN
General;Quarterly Results
MFSINTRCRP
General;Quarterly Results
TINEAGRO
Issue Of Warrants;General
TRIL
Preferential Issue of shares;General
*SEC. IN F&O BAN FOR, 12-Sep-23 :*
*1. BHEL 2. CHAMBLFERT 3. HINDCOPPER 4. IBULHSGFIN 5. INDIACEM 6. DELTACORP 7. MANAPPURAM 8. SAIL 9. PNB*
*ADDITION : BHEL*
*DELETION : BALRAMCHIN*
*Today's Alert :*
*RBI to Conduct Auction of SDLS BONDS for INR 151 Billion*
*Serving Motherland | 60% of NRIs from Australia, Canada, USA, Singapore and Canada consider settling in BHARAT post-retirement: SBNRI- A FinTech platform*
https://www.businesstoday.in/amp/personal-finance/news/story/60-of-nris-from-australia-canada-usa-singapore-and-canada-consider-settling-in-india-post-retirement-survey-396848-2023-09-05
*BHARAT’s financial stability is making NRIs want to return to the country, reveals a recent survey by SBNRI*
◆ BHARAT, world's top recipient of remittances, received $112 billion in 2022-23
◆ 72% NRIs Think BHARAT Has A Stable Investment Avenue.
◆ Other factors such as family and social connections, cost of living, familiarity with culture, and healthcare facilities.
*At least 60 per cent of non-resident Indians (NRIs) in the US, the UK, Canada, Australia, and Singapore are considering returning to BHARAT after retirement.*
■ The BHARAT government offers various financial benefits to NRIs, like the option to convert foreign currencies into BHARAT's rupees and save and invest in BHARAT.
■ BHARAT is making a strong rebound with digitized and stable economic activities. This makes BHARAT hold a promising future for investors.
■ The country is also making it easy for NRIs to understand complex taxation systems and certain norms that make BHARAT a high return market for NRI investors to utilize as their retirement plans.
■ Many people may not think about retirement planning in their 30s or 40s, but NRIs have their eyes set on a robust retirement plan.
■ Around 80 per cent of NRIs in Australia plan to return to BHARAT after retirement, the same for Singapore, followed by 75 per cent from the US and 70 per cent from the UK. NRIs from Canada who are considering returning to India comprised 63 per cent.
■ BHARAT is emerging as an economy with opportunities for start-ups with manufacturing capabilities, financial services and technological advancement.
■ They see BHARAT as “a stable investment avenue” for the residents and non-residents.
■ Other factors such as family and social connections, cost of living, familiarity with culture, and healthcare facilities.
■ As per the survey, 37 per cent of Canadian NRIs, 33 per cent of Australian NRIs, and 23 per cent of NRIs in the US and the UK feel confident to return to their home country to spend their golden years.
■ The SBNRI survey findings show that these NRIs have already started investing in BHARAT to support them financially after retirement.
■ Around 56 per cent of NRIs in the US and 44 per cent in Canada are confident of returning and have made investments in BHARAT. Similarly, 35 per cent of NRIs from the UK and 45 per cent from Singapore are preparing themselves financially and making investments to support their retirement settlement plan in BHARAT.
*The NRIs are bullish on BHARAT’s growth. The survey reveals the financial scenario in BHARAT with ample investment opportunities, making the country stand out as a retirement heaven for NRIs, particularly those from the US, the UK, Canada, Australia, and Singapore.*
https://www.businesstoday.in/amp/personal-finance/news/story/60-of-nris-from-australia-canada-usa-singapore-and-canada-consider-settling-in-india-post-retirement-survey-396848-2023-09-05
*BHARAT’s financial stability is making NRIs want to return to the country, reveals a recent survey by SBNRI*
◆ BHARAT, world's top recipient of remittances, received $112 billion in 2022-23
◆ 72% NRIs Think BHARAT Has A Stable Investment Avenue.
◆ Other factors such as family and social connections, cost of living, familiarity with culture, and healthcare facilities.
*At least 60 per cent of non-resident Indians (NRIs) in the US, the UK, Canada, Australia, and Singapore are considering returning to BHARAT after retirement.*
■ The BHARAT government offers various financial benefits to NRIs, like the option to convert foreign currencies into BHARAT's rupees and save and invest in BHARAT.
■ BHARAT is making a strong rebound with digitized and stable economic activities. This makes BHARAT hold a promising future for investors.
■ The country is also making it easy for NRIs to understand complex taxation systems and certain norms that make BHARAT a high return market for NRI investors to utilize as their retirement plans.
■ Many people may not think about retirement planning in their 30s or 40s, but NRIs have their eyes set on a robust retirement plan.
■ Around 80 per cent of NRIs in Australia plan to return to BHARAT after retirement, the same for Singapore, followed by 75 per cent from the US and 70 per cent from the UK. NRIs from Canada who are considering returning to India comprised 63 per cent.
■ BHARAT is emerging as an economy with opportunities for start-ups with manufacturing capabilities, financial services and technological advancement.
■ They see BHARAT as “a stable investment avenue” for the residents and non-residents.
■ Other factors such as family and social connections, cost of living, familiarity with culture, and healthcare facilities.
■ As per the survey, 37 per cent of Canadian NRIs, 33 per cent of Australian NRIs, and 23 per cent of NRIs in the US and the UK feel confident to return to their home country to spend their golden years.
■ The SBNRI survey findings show that these NRIs have already started investing in BHARAT to support them financially after retirement.
■ Around 56 per cent of NRIs in the US and 44 per cent in Canada are confident of returning and have made investments in BHARAT. Similarly, 35 per cent of NRIs from the UK and 45 per cent from Singapore are preparing themselves financially and making investments to support their retirement settlement plan in BHARAT.
*The NRIs are bullish on BHARAT’s growth. The survey reveals the financial scenario in BHARAT with ample investment opportunities, making the country stand out as a retirement heaven for NRIs, particularly those from the US, the UK, Canada, Australia, and Singapore.*
Business Today
60% of NRIs from Australia, Canada, USA, Singapore and Canada consider settling in India post retirement: Survey - BusinessToday
80 per cent of NRIs based in Australia and Singapore, 70 per cent from the UK and 75 per cent from the USA consider a return to India as part of their retirement plans
*BHARAT more attractive than US, China, and Europe! At 10.9%, BHARTIYA stock market delivered higher returns than US, China, others in last 10 years: Report*
https://www.google.com/amp/s/www.livemint.com/market/stock-market-news/at-10-9-indian-stock-market-delivered-higher-returns-than-us-china-others-in-last-10-years-report/amp-11693916022376.html
*BHARAT’s long period performance is a function of sound and stable domestic macro-economic scenario, along with high real growth rate. BHARAT remains the fastest growing major economy of the world and expected to be the third largest economy by 2027.*
◆ In the last five years, Indian markets delivered 18.8 per cent annualized return, compared to 6.9 per cent of US, 12.1 per cent of Japan index, and 7.6 per cent of US index.
◆ In the last three years, the annualized return of Indian markets stood at 6.1 per cent, higher than US, UK indices.
*Industry experts and financial leaders have recognised BHARAT's promising prospects for investment returns. With a strong foundation, favorable government policies, growing credibility among international investors, and the China+1 narrative, BHARAT's market is poised for growth.*
■ Despite challenges, BHARAT is strongly poised to build on its strong structural and macroeconomic fundamentals. The market performance will never be linear, but the foundation for long-term economic growth is being built.
■ Over the last 123 years, the Indian stock market has delivered a real return of 6.6 per cent, which is higher than the returns delivered by US and China markets as well as the world equity markets.
■ This means that BHARAT has compounded investors' wealth at 6.6 per cent CAGR or compound annual growth rate, higher than 6.4 per cent CAGR by the United States and 3.3 per cent by China since the year 1900.
■ The CAGR shows real compounding which means it is adjusted for inflation and takes care of currency depreciation that happens over the years because of inflation.
■ BHARAT’s real gross domestic product (GDP) growth rate was over 7 per cent in 2022-23 and expected to remain over 6 per cent in 2023-24. BHARAT’s growth rates are more structural and over period it has managed to reduce the impact of external global macro vagaries on domestic macro.
*Another factor which is playing an important part in BHARAT’s growth is strong demographics. With a relatively young and growing population, BHARAT is poised to take a competitive advantage as it would reach the highest working age population that is aspirational, young and with increasing income levels, by 2030.*
https://www.google.com/amp/s/www.livemint.com/market/stock-market-news/at-10-9-indian-stock-market-delivered-higher-returns-than-us-china-others-in-last-10-years-report/amp-11693916022376.html
*BHARAT’s long period performance is a function of sound and stable domestic macro-economic scenario, along with high real growth rate. BHARAT remains the fastest growing major economy of the world and expected to be the third largest economy by 2027.*
◆ In the last five years, Indian markets delivered 18.8 per cent annualized return, compared to 6.9 per cent of US, 12.1 per cent of Japan index, and 7.6 per cent of US index.
◆ In the last three years, the annualized return of Indian markets stood at 6.1 per cent, higher than US, UK indices.
*Industry experts and financial leaders have recognised BHARAT's promising prospects for investment returns. With a strong foundation, favorable government policies, growing credibility among international investors, and the China+1 narrative, BHARAT's market is poised for growth.*
■ Despite challenges, BHARAT is strongly poised to build on its strong structural and macroeconomic fundamentals. The market performance will never be linear, but the foundation for long-term economic growth is being built.
■ Over the last 123 years, the Indian stock market has delivered a real return of 6.6 per cent, which is higher than the returns delivered by US and China markets as well as the world equity markets.
■ This means that BHARAT has compounded investors' wealth at 6.6 per cent CAGR or compound annual growth rate, higher than 6.4 per cent CAGR by the United States and 3.3 per cent by China since the year 1900.
■ The CAGR shows real compounding which means it is adjusted for inflation and takes care of currency depreciation that happens over the years because of inflation.
■ BHARAT’s real gross domestic product (GDP) growth rate was over 7 per cent in 2022-23 and expected to remain over 6 per cent in 2023-24. BHARAT’s growth rates are more structural and over period it has managed to reduce the impact of external global macro vagaries on domestic macro.
*Another factor which is playing an important part in BHARAT’s growth is strong demographics. With a relatively young and growing population, BHARAT is poised to take a competitive advantage as it would reach the highest working age population that is aspirational, young and with increasing income levels, by 2030.*
mint
At 10.9%, Indian stock market delivered higher returns than US, China, others in last 10 years: Report
The Nifty large cap index has delivered a 10.9 per cent annualized return over the past 10 years, compared to 6 per cent of the US index and 2.7 per cent of China's market, according to a report by ASK Investment Managers.
*News Headlines from Business News Agencies :*
*Business Standard :*
• India will explore LSE for stock listing of firms, says UK FM
• Byju's makes a surprise $1.2 billion repayment proposal to lenders
• Fintech firm Perfios raises $229 mn from Kedaara in Series D funding
• Domestic passenger vehicle wholesales up 9% in Aug, exports rise: Siam
• Tata Power's Tamil Nadu solar cell unit gets $425 mn from US govt agency
• GQG Partners acquires shares of IDFC First Bank through block deal
• Indian pharma industry to log in 8-10% revenue growth this fiscal: CRISIL
• FCI sells 166,000 tonnes wheat, only 17,000 tonnes rice via 11th e-auction
• Delhi govt bans manufacturing, sale, storage, use of firecrackers on Diwali
• RBI, banks plan new feature to popularise digital currency transactions
• Equity MF inflows hit 5-month high on record SIP run, outflows ease
*Economic Times :*
• Reliance Industries pushes battery unit timeline by 2 years to 2026
• TCS joins Living Heart Project to create accurate digital human heart models
• First crane shipment from China set to arrive on October 4 at Vizhinjam Port in Kerala
• Economy and corporate earnings doing well; equity markets will continue to do well: AMFI CEO
• Oriana Power bags multi-crore orders for solar projects in Karnataka, Rajasthan
• Awfis expands its footprint in South India with 11 new properties
• Telesat taps SpaceX to launch its broadband satellites in orbit
• SIP contribution reaches all-time high of Rs
15,813.54 crore in August
• Digital lending disbursement volume rose 31%, crossing 2.2 crore loans in Q1 FY24: Report
• Vietnam Air inks $7.8 bln deal for Boeing 737 max planes
• Global Biofuels Alliance to strengthen India's position globally: minister Hardeep Puri
• Bandhan Bank Chief Compliance Officer Sudheer Reddy Govula resigns
*Mint :*
• Indian Renewable Energy Development Agency files draft paper for IPO
• TVS Motor reappoints K N Radhakrishnan as Director & CEO
• Supreme Court directs Spice Jet to pay $5,00,000 by September 15
• TVS Holdings appoints Sudarshan Venu as Managing Director
• JCB eyes India for hydrogen engines
• Haldiram’s set to expand QSR footprint
• ITI develops own laptop and micro PC in partnership with Intel Corp
• HFCL arm HTL Ltd receives purchase orders of Rs 82.6 crore for supply of optical fiber cables
• NCLAT dismisses insolvency plea against Wipro.
• Panasonic aims to double its solar business, boost exports
• German economy sinking in recession in 2023, predicts European Commission
• Crypto exchange Coinbase clarifies discontinuation reports for Indian users
*Business Standard :*
• India will explore LSE for stock listing of firms, says UK FM
• Byju's makes a surprise $1.2 billion repayment proposal to lenders
• Fintech firm Perfios raises $229 mn from Kedaara in Series D funding
• Domestic passenger vehicle wholesales up 9% in Aug, exports rise: Siam
• Tata Power's Tamil Nadu solar cell unit gets $425 mn from US govt agency
• GQG Partners acquires shares of IDFC First Bank through block deal
• Indian pharma industry to log in 8-10% revenue growth this fiscal: CRISIL
• FCI sells 166,000 tonnes wheat, only 17,000 tonnes rice via 11th e-auction
• Delhi govt bans manufacturing, sale, storage, use of firecrackers on Diwali
• RBI, banks plan new feature to popularise digital currency transactions
• Equity MF inflows hit 5-month high on record SIP run, outflows ease
*Economic Times :*
• Reliance Industries pushes battery unit timeline by 2 years to 2026
• TCS joins Living Heart Project to create accurate digital human heart models
• First crane shipment from China set to arrive on October 4 at Vizhinjam Port in Kerala
• Economy and corporate earnings doing well; equity markets will continue to do well: AMFI CEO
• Oriana Power bags multi-crore orders for solar projects in Karnataka, Rajasthan
• Awfis expands its footprint in South India with 11 new properties
• Telesat taps SpaceX to launch its broadband satellites in orbit
• SIP contribution reaches all-time high of Rs
15,813.54 crore in August
• Digital lending disbursement volume rose 31%, crossing 2.2 crore loans in Q1 FY24: Report
• Vietnam Air inks $7.8 bln deal for Boeing 737 max planes
• Global Biofuels Alliance to strengthen India's position globally: minister Hardeep Puri
• Bandhan Bank Chief Compliance Officer Sudheer Reddy Govula resigns
*Mint :*
• Indian Renewable Energy Development Agency files draft paper for IPO
• TVS Motor reappoints K N Radhakrishnan as Director & CEO
• Supreme Court directs Spice Jet to pay $5,00,000 by September 15
• TVS Holdings appoints Sudarshan Venu as Managing Director
• JCB eyes India for hydrogen engines
• Haldiram’s set to expand QSR footprint
• ITI develops own laptop and micro PC in partnership with Intel Corp
• HFCL arm HTL Ltd receives purchase orders of Rs 82.6 crore for supply of optical fiber cables
• NCLAT dismisses insolvency plea against Wipro.
• Panasonic aims to double its solar business, boost exports
• German economy sinking in recession in 2023, predicts European Commission
• Crypto exchange Coinbase clarifies discontinuation reports for Indian users
India Daybook Stocks in News
*ICICI Bank:* Sandeep Bakhshi reappointed Managing Director & CEO of ICICI Bank. (Positive)
*Power Grid:* Company to establish Inter-State Transmission System Project for evacuation of power from REZ in Rajasthan (20 GW) (Positive)
*Tata Steel:* Reappointment of TV Narendran as Chief Executive Officer and Managing Director approved along with his payment of remuneration. (Positive)
*Reliance Ind:* KKR to invest Rs 2,070 crore in Reliance Retail Ventures. (Positive)
*Lupin:* To enter into a business transfer agreement with arm Lupin manufacturing Solutions to carve out API manufacturing sites at Dabhasa & Visakhapatnam (Positive)
*Gufic Biosciences:* Company has received approval from the TGA, Australia and the ANVISA, Brazil for Parecoxib Sodium 40mg Lyophilized powder for injection (Positive)
*KIMS:* Company acquired a further 13.24 percent stake in Kondapur Healthcare for Rs 20 crore. (Positive)
*L&T:* Company has revised its share buyback price higher to Rs 3,200 from Rs 3,000 after a surge in its stock price (Positive)
*TVS Supply Chain:* Company will acquire 100 percent equity shares of three wholly-owned subsidiaries at Rs 450 crore. (Positive)
*Rishabh Instrument:* Bandhan, Quant and Nippon Mutual fund bought shares in company (Positive)
*Nuvoco/Star Cement:* Cement prices hiked by Rs 35/bag (Positive)
*TVS Motor:* Company reappoints K N Radhakrishnan as Director & CEO effective October 23, 2023 (Positive)
*TVS Holdings:* Company appoints Sudarshan Venu as Managing Director (Neutral)
*Torrent Power:* Company says promoter group confirms that there is no plan to create any pledge over promoter’s shares (Neutral)
*SPARC:* Dinesh Lahoti has resigned as Company Secretary and Compliance Officer, with effect from September 11 (Neutral)
*Mishtann Foods:* Company will issue up to 7.4 crore convertible equity warrants with each warrant convertible into one fully paid-up equity share of the company. (Neutral)
*Adani Enterprises:* Petitioners in the Adani case have filed their response to SEBI's status report on the Adani probe (Neutral)
*SpiceJet:* Company said it will complete payment of Rs 100 crore to Kalanithi Maran by Tuesday. (Neutral)
*MGL:* The Government pension fund sold 10.65 lakh shares (Neutral)
*IDFC First:* Vembu Vaidyanathan sold 5.07 crore shares (Neutral)
*L&T FH:* Bain capital to trim stake via block, floor price 0.75 percent discount to CMP (Neutral)
Stay tuned for updates
Telegram.me/AlliesFin
*ICICI Bank:* Sandeep Bakhshi reappointed Managing Director & CEO of ICICI Bank. (Positive)
*Power Grid:* Company to establish Inter-State Transmission System Project for evacuation of power from REZ in Rajasthan (20 GW) (Positive)
*Tata Steel:* Reappointment of TV Narendran as Chief Executive Officer and Managing Director approved along with his payment of remuneration. (Positive)
*Reliance Ind:* KKR to invest Rs 2,070 crore in Reliance Retail Ventures. (Positive)
*Lupin:* To enter into a business transfer agreement with arm Lupin manufacturing Solutions to carve out API manufacturing sites at Dabhasa & Visakhapatnam (Positive)
*Gufic Biosciences:* Company has received approval from the TGA, Australia and the ANVISA, Brazil for Parecoxib Sodium 40mg Lyophilized powder for injection (Positive)
*KIMS:* Company acquired a further 13.24 percent stake in Kondapur Healthcare for Rs 20 crore. (Positive)
*L&T:* Company has revised its share buyback price higher to Rs 3,200 from Rs 3,000 after a surge in its stock price (Positive)
*TVS Supply Chain:* Company will acquire 100 percent equity shares of three wholly-owned subsidiaries at Rs 450 crore. (Positive)
*Rishabh Instrument:* Bandhan, Quant and Nippon Mutual fund bought shares in company (Positive)
*Nuvoco/Star Cement:* Cement prices hiked by Rs 35/bag (Positive)
*TVS Motor:* Company reappoints K N Radhakrishnan as Director & CEO effective October 23, 2023 (Positive)
*TVS Holdings:* Company appoints Sudarshan Venu as Managing Director (Neutral)
*Torrent Power:* Company says promoter group confirms that there is no plan to create any pledge over promoter’s shares (Neutral)
*SPARC:* Dinesh Lahoti has resigned as Company Secretary and Compliance Officer, with effect from September 11 (Neutral)
*Mishtann Foods:* Company will issue up to 7.4 crore convertible equity warrants with each warrant convertible into one fully paid-up equity share of the company. (Neutral)
*Adani Enterprises:* Petitioners in the Adani case have filed their response to SEBI's status report on the Adani probe (Neutral)
*SpiceJet:* Company said it will complete payment of Rs 100 crore to Kalanithi Maran by Tuesday. (Neutral)
*MGL:* The Government pension fund sold 10.65 lakh shares (Neutral)
*IDFC First:* Vembu Vaidyanathan sold 5.07 crore shares (Neutral)
*L&T FH:* Bain capital to trim stake via block, floor price 0.75 percent discount to CMP (Neutral)
Stay tuned for updates
Telegram.me/AlliesFin
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Market News & Updates
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Make Money Work for you...
#Equity
#Currency
#Trading
#Training
#Tutorials
#Online #Offline
#Risk #Management
Market News & Updates
Channel 4 Educational Purpose Only,
Contact @AxitDShah +919869958999
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GIFT Nifty +33 pts (20070) from last trade 20037
Nikkei +25 pts ,
Hangseng +105 pts ,
Dow -17.73 pts ,Nsdq -144.28 pts, S&P
-25.56 pts , Bovespa +1084 pts , Ftse +30 pts , Dax -85 pts , Cac -25 pts , Crude @ $88.78 brl (-0.06), Brent @ $92.06 brl (-0.00) , Gold @ 1936.10 (+1.00), Silver @ $23.37 (-0.03), Euro @ $1.0756, JPY @ $147.09, INR @ 82.85
*Today's Corporate Action*
*13th Sept Ex Date*
ALICON
Final Dividend - Rs. - 3.7500
BHANDHOS
Right Issue of Equity Shares
CINDHO
Final Dividend - Rs. - 1.0000
COMPUSOFT
Final Dividend - Rs. - 0.4000
DVL
Final Dividend - Rs. - 5.0000
GOKEX
Final Dividend - Rs. - 1.0000
HALDER
Final Dividend - Rs. - 1.0000
HESTERBIO
Final Dividend - Rs. - 8.0000
HGS
Final Dividend - Rs. - 2.5000
KALYANIFRG
Final Dividend - Rs. - 3.0000
MANCREDIT
Final Dividend - Rs. - 0.5000
ORICON
Final Dividend - Rs. - 0.500
POEL
Final Dividend - Rs. - 2.0000
SANDUMA
Final Dividend - Rs. - 5.0000
VIJAYA
Dividend - Rs. - 1.0000
*Today's Key Results/Board Meetings*
*13-Sep-23*
CNCRD
Preferential Issue of shares
NAGPI
General;A.G.M.
TELESYS
General
*Stock under F&O ban on NSE*
*13-Sep-23*
1 BHEL
2 CHAMBLFERT
3 DELTACORP
4 HINDCOPPER
5 IBULHSGFIN
6 IEX
7 INDIACEM
8 MANAPPURAM
9 NATIONALUM
10 SAIL
Nikkei +25 pts ,
Hangseng +105 pts ,
Dow -17.73 pts ,Nsdq -144.28 pts, S&P
-25.56 pts , Bovespa +1084 pts , Ftse +30 pts , Dax -85 pts , Cac -25 pts , Crude @ $88.78 brl (-0.06), Brent @ $92.06 brl (-0.00) , Gold @ 1936.10 (+1.00), Silver @ $23.37 (-0.03), Euro @ $1.0756, JPY @ $147.09, INR @ 82.85
*Today's Corporate Action*
*13th Sept Ex Date*
ALICON
Final Dividend - Rs. - 3.7500
BHANDHOS
Right Issue of Equity Shares
CINDHO
Final Dividend - Rs. - 1.0000
COMPUSOFT
Final Dividend - Rs. - 0.4000
DVL
Final Dividend - Rs. - 5.0000
GOKEX
Final Dividend - Rs. - 1.0000
HALDER
Final Dividend - Rs. - 1.0000
HESTERBIO
Final Dividend - Rs. - 8.0000
HGS
Final Dividend - Rs. - 2.5000
KALYANIFRG
Final Dividend - Rs. - 3.0000
MANCREDIT
Final Dividend - Rs. - 0.5000
ORICON
Final Dividend - Rs. - 0.500
POEL
Final Dividend - Rs. - 2.0000
SANDUMA
Final Dividend - Rs. - 5.0000
VIJAYA
Dividend - Rs. - 1.0000
*Today's Key Results/Board Meetings*
*13-Sep-23*
CNCRD
Preferential Issue of shares
NAGPI
General;A.G.M.
TELESYS
General
*Stock under F&O ban on NSE*
*13-Sep-23*
1 BHEL
2 CHAMBLFERT
3 DELTACORP
4 HINDCOPPER
5 IBULHSGFIN
6 IEX
7 INDIACEM
8 MANAPPURAM
9 NATIONALUM
10 SAIL
👍1
https://www.livemint.com/news/india/govt-exempts-etfs-from-capital-gains-at-gift-11694624673536.html
mint
Govt exempts ETFs from capital gains at GIFT
The government has exempted units of investment trusts and ETFs issued by entities based in GIFT City or traded in exchanges there from capital gains tax.
Mkt. Updates
*GIFT Nifty +51 pts (20180) from last trade 20129 ,*
Nikkei +275 pts ,
Hangseng +93 pts ,
Dow +70.46 pts ,Nsdq +39.96 pts, S&P
+5.54 pts , Bovespa +208 pts , Ftse -1 pts , Dax -30 pts , Cac -61 pts , Crude @ $88.72 brl (+0.20), Brent @ $92.20 brl (-0.00) , Gold @ 1930.75 (-2.10), Silver @ $23.122 (-0.00), Euro @ $1.0733, JPY @ $147.34, INR @ 82.965
*US GOVT. 10-YR YIELD : 4.23%*
*Today's Corporate Action, 14 Sept Ex Date :*
AAIL
Final Dividend - Rs. - 0.5000
AMRUTANJAN
Final Dividend - Rs. - 2.6000
BAJAJELEC
Spin Off
BLS
Final Dividend - Rs. - 0.2500
CAPPL
Final Dividend - Rs. - 2.5000
DHUNINV
Final Dividend - Rs. - 2.5000
DIVSHKT
Final Dividend - Rs. - 2.0000
DRAGARWQ
Dividend - Rs. - 3.0000
GANECOS
Dividend - Rs. - 2.0000
GOCLCORP
Dividend - Rs. - 5.0000
GOCLCORP
Special Dividend - Rs. - 5.0000
INVPRECQ
Final Dividend - Rs. - 1.0000
JKIL
Final Dividend - Rs. - 3.5000
LAKSHMIMIL
Dividend - Rs. - 9.0000
LAMBODHARA
Final Dividend - Rs. - 0.7500
MANAKSIA
Final Dividend - Rs. - 3.0000
MURUDCERA
Final Dividend - Rs. - 0.5000
NIKHILAD
Final Dividend - Rs. - 0.2000
PAISALO
Final Dividend - Rs. - 0.1000
PATELSAI
Dividend - Rs. - 3.0000
PRESTIGE
Final Dividend - Rs. - 1.5000
RADICO
Final Dividend - Rs. - 3.0000
REFEX
Final Dividend - Rs. - 2.0000
RELCHEMQ
Final Dividend - Rs. - 2.5000
RHIM
Final Dividend - Rs. - 2.5000
RUBFILA
Final Dividend - Rs. - 1.2000
SAKTHIFIN
Dividend - Rs. - 0.7000
SANDHAR
Final Dividend - Rs. - 2.5000
TPLPLAST
Final Dividend - Rs. - 0.6000
TVTODAY
Final Dividend - Rs. - 3.0000
VADILALIND
Final Dividend - Rs. - 1.5000
VADILENT
Final Dividend - Rs. - 1.5000
WEPSOLN
Final Dividend - Rs. - 0.5000
*Today's Key Results/Board Meetings, 14-Sep-23 :*
METALFORGE
Quarterly Results
*SEC. IN F&O BAN FOR, 14-Sep-23 :*
*1. DELTACORP 2. HINDCOPPER 3. IBULHSGFIN 4. IEX 5. INDIACEM 6. MANAPPURAM 7. NATIONALUM 8. REC 9. SAIL*
*ADDITION : REC,*
*DELETION : BHEL, CHAMBLFERT*
*GIFT Nifty +51 pts (20180) from last trade 20129 ,*
Nikkei +275 pts ,
Hangseng +93 pts ,
Dow +70.46 pts ,Nsdq +39.96 pts, S&P
+5.54 pts , Bovespa +208 pts , Ftse -1 pts , Dax -30 pts , Cac -61 pts , Crude @ $88.72 brl (+0.20), Brent @ $92.20 brl (-0.00) , Gold @ 1930.75 (-2.10), Silver @ $23.122 (-0.00), Euro @ $1.0733, JPY @ $147.34, INR @ 82.965
*US GOVT. 10-YR YIELD : 4.23%*
*Today's Corporate Action, 14 Sept Ex Date :*
AAIL
Final Dividend - Rs. - 0.5000
AMRUTANJAN
Final Dividend - Rs. - 2.6000
BAJAJELEC
Spin Off
BLS
Final Dividend - Rs. - 0.2500
CAPPL
Final Dividend - Rs. - 2.5000
DHUNINV
Final Dividend - Rs. - 2.5000
DIVSHKT
Final Dividend - Rs. - 2.0000
DRAGARWQ
Dividend - Rs. - 3.0000
GANECOS
Dividend - Rs. - 2.0000
GOCLCORP
Dividend - Rs. - 5.0000
GOCLCORP
Special Dividend - Rs. - 5.0000
INVPRECQ
Final Dividend - Rs. - 1.0000
JKIL
Final Dividend - Rs. - 3.5000
LAKSHMIMIL
Dividend - Rs. - 9.0000
LAMBODHARA
Final Dividend - Rs. - 0.7500
MANAKSIA
Final Dividend - Rs. - 3.0000
MURUDCERA
Final Dividend - Rs. - 0.5000
NIKHILAD
Final Dividend - Rs. - 0.2000
PAISALO
Final Dividend - Rs. - 0.1000
PATELSAI
Dividend - Rs. - 3.0000
PRESTIGE
Final Dividend - Rs. - 1.5000
RADICO
Final Dividend - Rs. - 3.0000
REFEX
Final Dividend - Rs. - 2.0000
RELCHEMQ
Final Dividend - Rs. - 2.5000
RHIM
Final Dividend - Rs. - 2.5000
RUBFILA
Final Dividend - Rs. - 1.2000
SAKTHIFIN
Dividend - Rs. - 0.7000
SANDHAR
Final Dividend - Rs. - 2.5000
TPLPLAST
Final Dividend - Rs. - 0.6000
TVTODAY
Final Dividend - Rs. - 3.0000
VADILALIND
Final Dividend - Rs. - 1.5000
VADILENT
Final Dividend - Rs. - 1.5000
WEPSOLN
Final Dividend - Rs. - 0.5000
*Today's Key Results/Board Meetings, 14-Sep-23 :*
METALFORGE
Quarterly Results
*SEC. IN F&O BAN FOR, 14-Sep-23 :*
*1. DELTACORP 2. HINDCOPPER 3. IBULHSGFIN 4. IEX 5. INDIACEM 6. MANAPPURAM 7. NATIONALUM 8. REC 9. SAIL*
*ADDITION : REC,*
*DELETION : BHEL, CHAMBLFERT*
👍1
Today's News Headlines
14th September 2023
*Economic Times*
📝 Banks seek relaxation in account takeover norms
📝 Trai plans consultation paper on OTT players
📝 Adani in talks to refinance $3.5 billion debt taken to fund Ambuja Cements purchase
📝 Consumer inflation in US accelerates in August for a second straight month
📝 PFC gets shareholders' nod to issue bonus shares
📝 Delhi govt gives nod to BS VI-compliant diesel vehicles for inter-state stage carriage
📝 7.5 million free LPG connections okayed under Ujjwala scheme
📝 Bombay Dyeing to sell 22 acres in Mumbai’s Worli to Sumitomo Realty for Rs 5,200 cr
📝 Tesla interested in coming to India, aims to source $1.9 bn auto parts from country this year: Commerce Minister
📝 Samhi Hotels garners Rs 617 crore from anchor investors
*Business Standard*
📝 IT companies' forex revenue exceeds earnings of other manufacturers in FY23
📝 EPFO to generate 16 mn net payrolls in FY24, says SBI Ecowrap report
📝 Lenders allege Byju's hid $533 million in obscure 3-year-old hedge fund
📝 Classic Legends to invest Rs 1,000 cr in 3 years to increase production
📝 EY announces launch of AI platform EY ai, $1.4bn invested over 18 mths
📝 DGCA permits IndiGo to wet lease 11 Airbus A320 neo family aircraft
📝 India, Russia explore development of Northern Sea Route for logistics
📝 India rice production might fall by 2 million due to dry August, says USDA
📝 RBI decides to include corporate bond under Held to Maturity category
📝 BOI raises Rs 2,000 cr in capital via Tier II bonds to fuel business growth
📝 Govt exempts investment trusts, ETFs from capital gains tax in GIFT City
📝 Centre launches Skill India Digital platform, to benefit 260 mn students
📝 Indian auto electronics market estimated to touch $70 billion by 2032
📝 Domestic steel demand to grow 9-10% in FY24, says revised ICRA estimate
*Financial Express*
📝 NCLT extends Future Retail’s insolvency deadline to Sept 15
📝 Adani Wind receives certification for its 5.2 MW Wind Turbine Generator
📝 Reliance Retail in $1.5 billion Gulf, Singapore funds talks -sources
📝 KEC International wins order worth Rs 1145 crore
📝 Vedanta Resources looks to merge Zambian copper mine with Indian unit
📝 UBS sees CPI overshooting by 60 bps this quarter to 6.8 pc
📝 Capex loan released to states at Rs 50K crore so far in FY24
📝 Sai Silks IPO to open for public subscription on September 20
*Mint*
📝 Monin set to invest ₹300 cr in new plant in Telangana
📝 Zaggle Prepaid Ocean Services collects over ₹253 crore from anchor investors
📝 Govt releases agenda of Parliament's Special Session starting from 18 September
📝 Low-pressure area to cause rain in central India till Saturday: IMD
📝 JSW Infra gets Sebi nod for its ₹2,800 crore IPO
📝 Saudi Oil Cuts to Lead to Significant Supply Shortfall in 2023, IEA Says
📝 NIA teams to set up mobile lab in Kerala's Kozhikode for Nipah virus test
📝 Rupee ends 7 paise lower at 82.99 against the US dollar.
14th September 2023
*Economic Times*
📝 Banks seek relaxation in account takeover norms
📝 Trai plans consultation paper on OTT players
📝 Adani in talks to refinance $3.5 billion debt taken to fund Ambuja Cements purchase
📝 Consumer inflation in US accelerates in August for a second straight month
📝 PFC gets shareholders' nod to issue bonus shares
📝 Delhi govt gives nod to BS VI-compliant diesel vehicles for inter-state stage carriage
📝 7.5 million free LPG connections okayed under Ujjwala scheme
📝 Bombay Dyeing to sell 22 acres in Mumbai’s Worli to Sumitomo Realty for Rs 5,200 cr
📝 Tesla interested in coming to India, aims to source $1.9 bn auto parts from country this year: Commerce Minister
📝 Samhi Hotels garners Rs 617 crore from anchor investors
*Business Standard*
📝 IT companies' forex revenue exceeds earnings of other manufacturers in FY23
📝 EPFO to generate 16 mn net payrolls in FY24, says SBI Ecowrap report
📝 Lenders allege Byju's hid $533 million in obscure 3-year-old hedge fund
📝 Classic Legends to invest Rs 1,000 cr in 3 years to increase production
📝 EY announces launch of AI platform EY ai, $1.4bn invested over 18 mths
📝 DGCA permits IndiGo to wet lease 11 Airbus A320 neo family aircraft
📝 India, Russia explore development of Northern Sea Route for logistics
📝 India rice production might fall by 2 million due to dry August, says USDA
📝 RBI decides to include corporate bond under Held to Maturity category
📝 BOI raises Rs 2,000 cr in capital via Tier II bonds to fuel business growth
📝 Govt exempts investment trusts, ETFs from capital gains tax in GIFT City
📝 Centre launches Skill India Digital platform, to benefit 260 mn students
📝 Indian auto electronics market estimated to touch $70 billion by 2032
📝 Domestic steel demand to grow 9-10% in FY24, says revised ICRA estimate
*Financial Express*
📝 NCLT extends Future Retail’s insolvency deadline to Sept 15
📝 Adani Wind receives certification for its 5.2 MW Wind Turbine Generator
📝 Reliance Retail in $1.5 billion Gulf, Singapore funds talks -sources
📝 KEC International wins order worth Rs 1145 crore
📝 Vedanta Resources looks to merge Zambian copper mine with Indian unit
📝 UBS sees CPI overshooting by 60 bps this quarter to 6.8 pc
📝 Capex loan released to states at Rs 50K crore so far in FY24
📝 Sai Silks IPO to open for public subscription on September 20
*Mint*
📝 Monin set to invest ₹300 cr in new plant in Telangana
📝 Zaggle Prepaid Ocean Services collects over ₹253 crore from anchor investors
📝 Govt releases agenda of Parliament's Special Session starting from 18 September
📝 Low-pressure area to cause rain in central India till Saturday: IMD
📝 JSW Infra gets Sebi nod for its ₹2,800 crore IPO
📝 Saudi Oil Cuts to Lead to Significant Supply Shortfall in 2023, IEA Says
📝 NIA teams to set up mobile lab in Kerala's Kozhikode for Nipah virus test
📝 Rupee ends 7 paise lower at 82.99 against the US dollar.
India Daybook Stocks in News
*Bombay Dyeing:* Company to sell Worli land to Goisu Realty Private for Rs 5,200 crore. (Positive)
*Indigo:* DGCA sources confirm IndiGo has been allowed to wet-lease 11 A320 aircraft. (Positive)
*IRCTC:* Company signs MoU with MSTRC to enable MSRTC's online bus booking services via IRCTC's bus booking portal/website. (Positive)
*Wipro:* Company launches Cyber Defense Center in German. (Positive)
*Coffee Day:* Company and IndusInd bank told the Chennai bench of NCLAT on Sep 13 that they have reached a settlement & that the two parties have withdrawn insolvency litigations. (Positive)
*NBCC:* Company bags order worth Rs 180 crore from SAIL. (Positive)
*Tata Steel:* Company and UK govt close to finalising 500-million pound deal to secure Port Talbot plant's future. (Positive)
*KPI Green Energy:* Company commissions 7.80 MW wind-solar hybrid power project comprising 4.20 MW wind (Positive)
*Venus Remedies:* Company announced its recent registration with the Department of Scientific and Industrial Research, an Indian government body (Positive)
*Bajaj Healthcare:* Company gets Establishment Inspection Report (EIR) from USFDA (Positive)
*Lloyds Steels:* Company signs Agreement with Bhabha Atomic Research Centre. Pact signed for Transfer of Technology (Positive)
*JTL Industries:* SBI General Insurance Company has bought 6 lakh shares in the electric resistance welded (ERW) steel pipes (Positive)
*Kirloskar Ferrous:* NCLT, New Delhi, approves resolution plan for the corporate debtor Oliver Engineering (Positive)
*Suven Pharma:* Cabinet clears Advent Acquisition of Suven Pharma (Positive)
*Tata Power:* Company planning more than Rs 1,000 crore bond sale (Neutral)
*Reliance Retail:* In talks with existing investors incl GIC, ADIA, Saudi PIF on combined new fundraising of ~$1.5 mn: Sources. (Neutral)
*Bombay Dyeing:* Company to sell Worli land to Goisu Realty Private for Rs 5,200 crore. (Positive)
*Indigo:* DGCA sources confirm IndiGo has been allowed to wet-lease 11 A320 aircraft. (Positive)
*IRCTC:* Company signs MoU with MSTRC to enable MSRTC's online bus booking services via IRCTC's bus booking portal/website. (Positive)
*Wipro:* Company launches Cyber Defense Center in German. (Positive)
*Coffee Day:* Company and IndusInd bank told the Chennai bench of NCLAT on Sep 13 that they have reached a settlement & that the two parties have withdrawn insolvency litigations. (Positive)
*NBCC:* Company bags order worth Rs 180 crore from SAIL. (Positive)
*Tata Steel:* Company and UK govt close to finalising 500-million pound deal to secure Port Talbot plant's future. (Positive)
*KPI Green Energy:* Company commissions 7.80 MW wind-solar hybrid power project comprising 4.20 MW wind (Positive)
*Venus Remedies:* Company announced its recent registration with the Department of Scientific and Industrial Research, an Indian government body (Positive)
*Bajaj Healthcare:* Company gets Establishment Inspection Report (EIR) from USFDA (Positive)
*Lloyds Steels:* Company signs Agreement with Bhabha Atomic Research Centre. Pact signed for Transfer of Technology (Positive)
*JTL Industries:* SBI General Insurance Company has bought 6 lakh shares in the electric resistance welded (ERW) steel pipes (Positive)
*Kirloskar Ferrous:* NCLT, New Delhi, approves resolution plan for the corporate debtor Oliver Engineering (Positive)
*Suven Pharma:* Cabinet clears Advent Acquisition of Suven Pharma (Positive)
*Tata Power:* Company planning more than Rs 1,000 crore bond sale (Neutral)
*Reliance Retail:* In talks with existing investors incl GIC, ADIA, Saudi PIF on combined new fundraising of ~$1.5 mn: Sources. (Neutral)