Great chart from Morningstar explaining the different moats.
T.me/AlliesFin
T.me/AlliesFin
GIFT Nifty -130 pts (19584) from Friday's last trade 19714 ,
Nikkei -426 pts ,
Hangseng clsd ,
Dow -74.15 pts ,Nsdq +88.45 pts, S&P
-97.36 pts , Bovespa -139 pts , Ftse -97 pts , Dax -139 pts , Cac -66 pts , Crude @ $88.58 brl (-0.24), Brent @ $90.71 brl (-0.00) , Gold @ 1840.40 (-6.80), Silver @ $21.04 (-0.38), Euro @ $1.0475, JPY @ $149.85, INR @ 83.1743
*Today's Corporate Action*
*3rd Oct Ex Date*
None
*Today's Key Results/Board Meetings*
*03-Oct-23*
ADVLIFE
General
ALKA
General
GOODLUCK
Issue Of Warrants
HCKKVENTURE
General
KLBRENG-B
Preferential Issue of shares;General
KRRAIL
General
NECCLTD
Rights Issue;General
RISHDIGA
General
SPANDANA
General
UNIMOVR
Right Issue of Equity Shares
*Stock under F&O ban on NSE*
*03-Oct-23*
None
Nikkei -426 pts ,
Hangseng clsd ,
Dow -74.15 pts ,Nsdq +88.45 pts, S&P
-97.36 pts , Bovespa -139 pts , Ftse -97 pts , Dax -139 pts , Cac -66 pts , Crude @ $88.58 brl (-0.24), Brent @ $90.71 brl (-0.00) , Gold @ 1840.40 (-6.80), Silver @ $21.04 (-0.38), Euro @ $1.0475, JPY @ $149.85, INR @ 83.1743
*Today's Corporate Action*
*3rd Oct Ex Date*
None
*Today's Key Results/Board Meetings*
*03-Oct-23*
ADVLIFE
General
ALKA
General
GOODLUCK
Issue Of Warrants
HCKKVENTURE
General
KLBRENG-B
Preferential Issue of shares;General
KRRAIL
General
NECCLTD
Rights Issue;General
RISHDIGA
General
SPANDANA
General
UNIMOVR
Right Issue of Equity Shares
*Stock under F&O ban on NSE*
*03-Oct-23*
None
News Headlines from Business News Agencies:
*Business Standard*
•Gross GST collection rises 10% to over Rs 1.62 trillion in September
•Edtech firm Byju's targets to reach break-even by March, hive off Epic
•Maruti Suzuki posts highest ever monthly sales in Sept at 181,343 units
•Tata Steel aims to complete decarbonisation at UK plant in next 3 yrs: CEO
•Tata Housing to launch Rs 16,000-cr projects in next 2-3 years: Sanjay Dutt
•Essar Group's Black Box plans to expand into India's data centre landscape
•FinMin notifies Oct 1 date for implementing amended GST law for e-gaming
•RBI extends last date for exchanging Rs 2,000 bank notes to Oct 7
•Govt raises interest rate on 5-year recurring deposit to 6.7% for Dec qtr
•Electronics industry body seeks PLI scheme for non-semicondcutor sectors
•Indian pharma exports to Iran decline thanks to its lower rupee reserves
•Social media, telcos, lobby for 18-24 months to comply with DPDP Act
*Economic Times*
•MGL slashes prices of CNG in Mumbai; to cost Rs 76/ kg from Oct 2
•Massive ecosystem changes coming: L&T MD
•PM announces formation of National Turmeric Board
•General Motors Employees Union calls for chain hunger strike from Oct 2
•RPSG group's Guiltfree faces Rs 39 crore GST demand notice
•DLF’s Panipat project sold out within hour of launch
•UltraTech Cement Q2 sales up 15% to 26.69 MT
•Godrej Agrovet to invest Rs 300 cr in integrated palm oil unit in Telangana
•India has scope for 130-150 more wide-body aircraft: GE Aerospace
•Growth momentum in Q2 shaping up well but rise in oil price poses a risk: Finmin report
•Infra push to drive cement demand up 10-12 pc this fiscal.
•Agritech startup Arya aims to double profit, increase revenue by 70% to Rs 500 crore in FY24
*Mint*
•SAIL aims to invest ₹5,500 cr in FY24
•Accenture results leave IT investors between hope and despair
•Britain signs 4 billion pound deal to build attack submarines
•Over 30 companies may qualify for IT hardware PLI scheme: Report
•Sebi extends timeline for verification of market rumours by listed entities
•NFRA penalises 18 auditors for misconduct in DHFL branches audit
•India's global exports in labour-intensive sectors declined in last 5 years: FIE
•Oil companies hike jet fuel prices by 5%, commercial LPG prices by over ₹200
•Biden's fuel economy plan raises concerns of $14 billion in fines for automakers
•No signs of systemic risk rising: RBI’s Patra.
•Govt's gross liabilities rose 2.2% sequentially in June quarter
•Dee Development Engineers files DRHP with SEBI to raise funds via IPO
*Economic Calendar – 03.10.2023*
10:30 INDIA S&P Manufacturing PMI (Expected: 57.8 versus Previous: 58.6)
19:30 U.S. JOLTS Job Opening (Expected: 8.85M versus Previous: 8.83M)
*Business Standard*
•Gross GST collection rises 10% to over Rs 1.62 trillion in September
•Edtech firm Byju's targets to reach break-even by March, hive off Epic
•Maruti Suzuki posts highest ever monthly sales in Sept at 181,343 units
•Tata Steel aims to complete decarbonisation at UK plant in next 3 yrs: CEO
•Tata Housing to launch Rs 16,000-cr projects in next 2-3 years: Sanjay Dutt
•Essar Group's Black Box plans to expand into India's data centre landscape
•FinMin notifies Oct 1 date for implementing amended GST law for e-gaming
•RBI extends last date for exchanging Rs 2,000 bank notes to Oct 7
•Govt raises interest rate on 5-year recurring deposit to 6.7% for Dec qtr
•Electronics industry body seeks PLI scheme for non-semicondcutor sectors
•Indian pharma exports to Iran decline thanks to its lower rupee reserves
•Social media, telcos, lobby for 18-24 months to comply with DPDP Act
*Economic Times*
•MGL slashes prices of CNG in Mumbai; to cost Rs 76/ kg from Oct 2
•Massive ecosystem changes coming: L&T MD
•PM announces formation of National Turmeric Board
•General Motors Employees Union calls for chain hunger strike from Oct 2
•RPSG group's Guiltfree faces Rs 39 crore GST demand notice
•DLF’s Panipat project sold out within hour of launch
•UltraTech Cement Q2 sales up 15% to 26.69 MT
•Godrej Agrovet to invest Rs 300 cr in integrated palm oil unit in Telangana
•India has scope for 130-150 more wide-body aircraft: GE Aerospace
•Growth momentum in Q2 shaping up well but rise in oil price poses a risk: Finmin report
•Infra push to drive cement demand up 10-12 pc this fiscal.
•Agritech startup Arya aims to double profit, increase revenue by 70% to Rs 500 crore in FY24
*Mint*
•SAIL aims to invest ₹5,500 cr in FY24
•Accenture results leave IT investors between hope and despair
•Britain signs 4 billion pound deal to build attack submarines
•Over 30 companies may qualify for IT hardware PLI scheme: Report
•Sebi extends timeline for verification of market rumours by listed entities
•NFRA penalises 18 auditors for misconduct in DHFL branches audit
•India's global exports in labour-intensive sectors declined in last 5 years: FIE
•Oil companies hike jet fuel prices by 5%, commercial LPG prices by over ₹200
•Biden's fuel economy plan raises concerns of $14 billion in fines for automakers
•No signs of systemic risk rising: RBI’s Patra.
•Govt's gross liabilities rose 2.2% sequentially in June quarter
•Dee Development Engineers files DRHP with SEBI to raise funds via IPO
*Economic Calendar – 03.10.2023*
10:30 INDIA S&P Manufacturing PMI (Expected: 57.8 versus Previous: 58.6)
19:30 U.S. JOLTS Job Opening (Expected: 8.85M versus Previous: 8.83M)
👍1
Today's Headlines from :
*Economic Times*
📝 Future Retail lenders reject Space Mantra's bid; NCLT extends insolvency period for 15 days
📝 Jio raises close to $2-billion offshore loan
📝 CIL's coal supply to power sector rises 3.4 pc to 294.8 MT in H1
📝 Power consumption grows 10.7 pc to 140.49 billion units in September
📝 UN authorises 2nd malaria vaccine, developed by Oxford University with help from Serum Institute
📝 Tea production decreases by around 4 pc to 177.95 mkgs in August
📝 Surging crude may take CAD past 2% of GDP, say economists
📝 Pakistan's inflation rises to 31.4% y/y amid high energy prices
📝 Shell company Vertex Tech to buy streaming platform 17Live for $676 million in landmark deal for Singapore
*Business Standard*
📝 Securities transaction tax collection likely to go past Budget target
📝 Adani plans to build 10 GW integrated solar manufacturing capacity by 2027
📝 Vedanta's dollar bonds decline after plan to split up biz to tackle debt
📝 Basel-III rules to give Nabard room to double balance sheet from April 2024
📝 Union excise duty collection fell 12% in first five months of FY24
📝 Private sector must cover 90% of climate investment in Ems, says IMF
📝 Sept rains improve, but do little for seven states: CRISIL's DRIP Index
📝 World Bank slashes 2023 growth forecast for East Asia and Pacific to 5%
*Financial Express*
📝Office absorption strongest in six quarters, says report
📝 Godrej Capital to launch affordable housing loans in FY25
📝 IQuest Enterprises inks pact to acquire Viatris’ Indian API operations
📝 Hindustan Zinc mined metal output drops marginally to 2.52 lakh tonnes in Q2
📝 MSP paddy purchases begin for 2023-24 season; arrivals to pick up in Punjab, Haryana and Tamil Nadu in two weeks
📝 Diesel sales fall 3 pc Sep, petrol up 5.4 percent
📝 India Inc raises Rs 26,000 crore through IPOs in first half
*Mint*
📝 VIP Industries promoters explore stake sale
📝 Colleges to boost microchip talent pool
📝 Air India eyes hub in south, to augment operations in Mumbai
📝 Oil firms struggle for rigs as crude spike sparks shortage
📝 Earthquake of magnitude 5.2 jolts north Garo hills in Meghalaya
📝 Tesla Q3 sales up 27% YoY, down sequentially due to factory downtime
📝 Over 3 million audit reports filed on I-T portal till 30 September
📝 Dunzo co-founder quits, company to undergo organisation-wide restructuring.
*Economic Times*
📝 Future Retail lenders reject Space Mantra's bid; NCLT extends insolvency period for 15 days
📝 Jio raises close to $2-billion offshore loan
📝 CIL's coal supply to power sector rises 3.4 pc to 294.8 MT in H1
📝 Power consumption grows 10.7 pc to 140.49 billion units in September
📝 UN authorises 2nd malaria vaccine, developed by Oxford University with help from Serum Institute
📝 Tea production decreases by around 4 pc to 177.95 mkgs in August
📝 Surging crude may take CAD past 2% of GDP, say economists
📝 Pakistan's inflation rises to 31.4% y/y amid high energy prices
📝 Shell company Vertex Tech to buy streaming platform 17Live for $676 million in landmark deal for Singapore
*Business Standard*
📝 Securities transaction tax collection likely to go past Budget target
📝 Adani plans to build 10 GW integrated solar manufacturing capacity by 2027
📝 Vedanta's dollar bonds decline after plan to split up biz to tackle debt
📝 Basel-III rules to give Nabard room to double balance sheet from April 2024
📝 Union excise duty collection fell 12% in first five months of FY24
📝 Private sector must cover 90% of climate investment in Ems, says IMF
📝 Sept rains improve, but do little for seven states: CRISIL's DRIP Index
📝 World Bank slashes 2023 growth forecast for East Asia and Pacific to 5%
*Financial Express*
📝Office absorption strongest in six quarters, says report
📝 Godrej Capital to launch affordable housing loans in FY25
📝 IQuest Enterprises inks pact to acquire Viatris’ Indian API operations
📝 Hindustan Zinc mined metal output drops marginally to 2.52 lakh tonnes in Q2
📝 MSP paddy purchases begin for 2023-24 season; arrivals to pick up in Punjab, Haryana and Tamil Nadu in two weeks
📝 Diesel sales fall 3 pc Sep, petrol up 5.4 percent
📝 India Inc raises Rs 26,000 crore through IPOs in first half
*Mint*
📝 VIP Industries promoters explore stake sale
📝 Colleges to boost microchip talent pool
📝 Air India eyes hub in south, to augment operations in Mumbai
📝 Oil firms struggle for rigs as crude spike sparks shortage
📝 Earthquake of magnitude 5.2 jolts north Garo hills in Meghalaya
📝 Tesla Q3 sales up 27% YoY, down sequentially due to factory downtime
📝 Over 3 million audit reports filed on I-T portal till 30 September
📝 Dunzo co-founder quits, company to undergo organisation-wide restructuring.
👍1
India Daybook Stocks in News
*RVNL:* Emerges Lowest Bidder For HP State Electricity Board’s Project Worth ` 1,098 Cr (Positive)
*Kalpataru Projects:* Company gets New Orders Worth Rs 1,016 Cr (Positive)
*HAL:* IAF To Buy 156 more ‘Prachand’ Light Combat Helicopters (Positive)
*APL LTD:* Co Received a Total of 192 ANDA Approvals From the US FDA During The Quarter (Positive)
*TVS Motors:* Total sales up 6% at 4.03 lakh units vs 3.79 lakh units (YoY). (Positive)
*Atul Auto:* Total sales up 18.1% at 2,662 units vs 2,254 units (YoY) (Positive)
*Coal India:* September production up 12.6% at 51.4 MT vs 45.7 MT (YoY) (Positive)
*SML Isuzu:* Total sales up 16% at 872 units Vs 752 units YoY. To Hike Prices of Truck and Buses (Positive)
*Ultratech Cement:* Consolidated volumes +16% yoy. (Positive)
*PNC Infratech:* Company announced ‘one time settlement’ with NHAI over 'Eligible Disputes' with arm PNC Raebareli Highways worth Rs 114 cr. (Positive)
*HPCL/IOC:* Price of commercial LPG cylinder increased by Rs 209/19 kg frm Rs 1522.50 to Rs 1731.50/19 kg ( Delhi) from Oct 1 (Positive)
*Granules:* Company received ANDA approval for Losartan and Hydrochlorothiazide Tablets (Positive)
*BlueDart:* Company to implement general price increase by 9.6% w.e.f. Jan 1, 2024. (Positive)
*Hero Motocorp:* Total Sales up 3.2% YoY at 5.36 Lakh Units vs 5.19 Lakh Units (Positive)
*Godrej Agrovet:* Company to set up an integrated palm oil complex in Telangana with an investment of Rs 300 cr (Positive)
*MOIL:* Manganese Ore Sales Up 60% YoY At 1.56 Lk tonnes (Positive)
*Eris Lifesciences:* Company signs term loan agreement to avail Rupee term loan facility of Rs 212 cr from HDFC Bank (Positive)
*Lemon Tree:* Company signs Franchise Agreement for Lemon Tree Resort at Somnath, Gujarat. (Positive)
*Zydus Lifesciences:* Company gets CDSCO clearance to initiate the Phase I clinical study of its Novel PCSK9 inhibitor (Positive)
*Indus Towers:* Company signs agreement with IOC Phinergy for the deployment of clean energy systems based on aluminium-air technology (Positive)
*Adani Energy:* Commissions Kharghar Vikhroli Transmission Line (Positive)
*Banco Products:* Arm NRF B.V. opens New 12,700 Sq Mtr Warehouse In Valencia, Spain (Positive)
*Bharti Airtel:* Announces Completion Of Pan-India 5G Rollout With 50 Million Subscriber Base (Positive)
*Karur Bank:* Total Business Up 14.15%, Total Deposits Up 13.17% (Positive)
*L&T FH:* Partners Ather Energy To Offer Up To 100% Of Loan-to-Value (LTV) on Electric Vehicles (EV) (Positive)
*TIPS Ind:* Receives a favourable judgement from Bombay High Court in their legal proceedings against Wynk (Positive)
*Fortis:* Arm Agilus Diagnostics Files Draft Red Herring Prospectus With SEBI (Positive)
*MGL/GUJ Gas/IGL:* Govt Sets Domestic Natural Gas Price At $9.20/mBtu For Oct Vs $8.60/mBtu In Sept (Neutral)
*ONGC/ Oil India:* Co Received a Total of 192 ANDA Approvals From the US FDA During The Quarter (Neutral)
*Eicher Motors:* Total VECV sales up 8.6% at 7198 units vs 6631 units YoY. Royal Enfield sales down 4% YoY at 78,580 Units Vs 82,097 Units (Neutral)
*VST Tillers:* Power Tiller Sales (GU)1.1% At 2,092Units Vs 2,070 Units (YoY) (Neutral)
*Tata Motors:* Total domestic sales up 2% at 82,023 units Vs 80,633 units YoY (Neutral)
*Maruti Suzuki:* Total sales up 3.9% at 181,343 units vs 176,306 units YoY (Neutral)
*M&M:* Domestic sales at 42,034 units vs 47,100 units YoY (Neutral)
*SRF:* Capital expenditure project for establishing 220 KV grid connectivity for Dahej plant commissioned and capitalised at an aggregate cost of Rs 147 cr. (Neutral)
*Ramkrishna Forgings:* Board approves raising funds up to Rs 1,000 cr via QIP. (Neutral)
*Auro Pharma:* US FDA issues Form 483 with 1 observation for Aurobindo Pharma’s Unit VI - B, manufacturing facility in Telangana. (Neutral)
*Vedanta/Hind Zinc:* Company approves Draft scheme of arrangement (Neutral)
*Cipla:* Company divests 51% stake held in UAE-based Saba for $6 million. (Neutral)
*RVNL:* Emerges Lowest Bidder For HP State Electricity Board’s Project Worth ` 1,098 Cr (Positive)
*Kalpataru Projects:* Company gets New Orders Worth Rs 1,016 Cr (Positive)
*HAL:* IAF To Buy 156 more ‘Prachand’ Light Combat Helicopters (Positive)
*APL LTD:* Co Received a Total of 192 ANDA Approvals From the US FDA During The Quarter (Positive)
*TVS Motors:* Total sales up 6% at 4.03 lakh units vs 3.79 lakh units (YoY). (Positive)
*Atul Auto:* Total sales up 18.1% at 2,662 units vs 2,254 units (YoY) (Positive)
*Coal India:* September production up 12.6% at 51.4 MT vs 45.7 MT (YoY) (Positive)
*SML Isuzu:* Total sales up 16% at 872 units Vs 752 units YoY. To Hike Prices of Truck and Buses (Positive)
*Ultratech Cement:* Consolidated volumes +16% yoy. (Positive)
*PNC Infratech:* Company announced ‘one time settlement’ with NHAI over 'Eligible Disputes' with arm PNC Raebareli Highways worth Rs 114 cr. (Positive)
*HPCL/IOC:* Price of commercial LPG cylinder increased by Rs 209/19 kg frm Rs 1522.50 to Rs 1731.50/19 kg ( Delhi) from Oct 1 (Positive)
*Granules:* Company received ANDA approval for Losartan and Hydrochlorothiazide Tablets (Positive)
*BlueDart:* Company to implement general price increase by 9.6% w.e.f. Jan 1, 2024. (Positive)
*Hero Motocorp:* Total Sales up 3.2% YoY at 5.36 Lakh Units vs 5.19 Lakh Units (Positive)
*Godrej Agrovet:* Company to set up an integrated palm oil complex in Telangana with an investment of Rs 300 cr (Positive)
*MOIL:* Manganese Ore Sales Up 60% YoY At 1.56 Lk tonnes (Positive)
*Eris Lifesciences:* Company signs term loan agreement to avail Rupee term loan facility of Rs 212 cr from HDFC Bank (Positive)
*Lemon Tree:* Company signs Franchise Agreement for Lemon Tree Resort at Somnath, Gujarat. (Positive)
*Zydus Lifesciences:* Company gets CDSCO clearance to initiate the Phase I clinical study of its Novel PCSK9 inhibitor (Positive)
*Indus Towers:* Company signs agreement with IOC Phinergy for the deployment of clean energy systems based on aluminium-air technology (Positive)
*Adani Energy:* Commissions Kharghar Vikhroli Transmission Line (Positive)
*Banco Products:* Arm NRF B.V. opens New 12,700 Sq Mtr Warehouse In Valencia, Spain (Positive)
*Bharti Airtel:* Announces Completion Of Pan-India 5G Rollout With 50 Million Subscriber Base (Positive)
*Karur Bank:* Total Business Up 14.15%, Total Deposits Up 13.17% (Positive)
*L&T FH:* Partners Ather Energy To Offer Up To 100% Of Loan-to-Value (LTV) on Electric Vehicles (EV) (Positive)
*TIPS Ind:* Receives a favourable judgement from Bombay High Court in their legal proceedings against Wynk (Positive)
*Fortis:* Arm Agilus Diagnostics Files Draft Red Herring Prospectus With SEBI (Positive)
*MGL/GUJ Gas/IGL:* Govt Sets Domestic Natural Gas Price At $9.20/mBtu For Oct Vs $8.60/mBtu In Sept (Neutral)
*ONGC/ Oil India:* Co Received a Total of 192 ANDA Approvals From the US FDA During The Quarter (Neutral)
*Eicher Motors:* Total VECV sales up 8.6% at 7198 units vs 6631 units YoY. Royal Enfield sales down 4% YoY at 78,580 Units Vs 82,097 Units (Neutral)
*VST Tillers:* Power Tiller Sales (GU)1.1% At 2,092Units Vs 2,070 Units (YoY) (Neutral)
*Tata Motors:* Total domestic sales up 2% at 82,023 units Vs 80,633 units YoY (Neutral)
*Maruti Suzuki:* Total sales up 3.9% at 181,343 units vs 176,306 units YoY (Neutral)
*M&M:* Domestic sales at 42,034 units vs 47,100 units YoY (Neutral)
*SRF:* Capital expenditure project for establishing 220 KV grid connectivity for Dahej plant commissioned and capitalised at an aggregate cost of Rs 147 cr. (Neutral)
*Ramkrishna Forgings:* Board approves raising funds up to Rs 1,000 cr via QIP. (Neutral)
*Auro Pharma:* US FDA issues Form 483 with 1 observation for Aurobindo Pharma’s Unit VI - B, manufacturing facility in Telangana. (Neutral)
*Vedanta/Hind Zinc:* Company approves Draft scheme of arrangement (Neutral)
*Cipla:* Company divests 51% stake held in UAE-based Saba for $6 million. (Neutral)
*Aviation Stocks:* Oil Marketing Cos Hike Jet Fuel (ATF) Price By 5% To Rs 1.18 Lk/Kl In Delhi (Neutral)
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 03-10-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +3978* 😃😃
*INDEX FUT. : -1839*
*INDEX OPT. : +7882*
*STOCK FUT. : -1892*
*STOCK OPT. : -172*
*SEC. IN F&O BAN FOR, 04-OCT-23 :*
*1. IBULHSGFIN*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 03-OCT-2023 :*
*FIIS : SELL -2,034 (9,714-11,748)* 😥
*DIIS : BUY +1,361 (9,223-7,862)* 😃
*BSE SENSEX : -316 (65,512)🔽*
*NSE NIFTY : -109 (19,529)*🔽
*BSE MIDCAP. : +28 (32,369)*🔼
*BSE SMLCAP. : +227 (37,789)*🔼
*B. CRUDE : $ 91.11* 🔽 😃😃
*GOLD: $1824=INR 57,600(10gr)* 🔽 😩
*SILVER : RS. 71,400 (kg)(5pm)*🔽😭😭
*FOREX : RS. $ 83.21 🔽 ☺️*
*7.26%GOI '33: 7.2710%(99.9125)🔼☺️*
*7.18%NEW '33: 7.2327%(99.62)🔼☺️*
*7.18%GOI '37: 7.3530% (98.50)🔼☺️*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +3978* 😃😃
*INDEX FUT. : -1839*
*INDEX OPT. : +7882*
*STOCK FUT. : -1892*
*STOCK OPT. : -172*
*SEC. IN F&O BAN FOR, 04-OCT-23 :*
*1. IBULHSGFIN*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 03-OCT-2023 :*
*FIIS : SELL -2,034 (9,714-11,748)* 😥
*DIIS : BUY +1,361 (9,223-7,862)* 😃
*BSE SENSEX : -316 (65,512)🔽*
*NSE NIFTY : -109 (19,529)*🔽
*BSE MIDCAP. : +28 (32,369)*🔼
*BSE SMLCAP. : +227 (37,789)*🔼
*B. CRUDE : $ 91.11* 🔽 😃😃
*GOLD: $1824=INR 57,600(10gr)* 🔽 😩
*SILVER : RS. 71,400 (kg)(5pm)*🔽😭😭
*FOREX : RS. $ 83.21 🔽 ☺️*
*7.26%GOI '33: 7.2710%(99.9125)🔼☺️*
*7.18%NEW '33: 7.2327%(99.62)🔼☺️*
*7.18%GOI '37: 7.3530% (98.50)🔼☺️*
*GIFT Nifty -125 pts (19438) from last trade 19563 ,*
Nikkei -526 pts ,
Hangseng -64 pts ,
Dow -430.97 pts ,Nsdq -248.31 pts, S&P
-58.94 pts , Bovespa -1637 pts , Ftse -40 pts , Dax -162 pts , Cac -71 pts , Crude @ $89.36 brl (-0.13), Brent @ $90.92 brl (-0.00) , Gold @ 1840.50 (-1.00), Silver @ $21.38 (-0.00), Euro @ $1.0466, JPY @ $149.11, INR @ 83.235
*Today's Corporate Action*
*4th Oct Ex Date*
None
*Today's Key Results/Board Meetings*
*04-Oct-23*
ACCEDERE
General
ACEMEN
Quarterly Results;General
CRESSAN
Preferential Issue of shares;General
GVFILM
General
KARMAENG
General
MFSINTRCRP
Quarterly Results;General
SAYAJIHOTL
Dividend on Preference Shares;A.G.M.
*Stock under F&O ban on NSE*
*04-Oct-23*
1 IBULHSGFIN
Nikkei -526 pts ,
Hangseng -64 pts ,
Dow -430.97 pts ,Nsdq -248.31 pts, S&P
-58.94 pts , Bovespa -1637 pts , Ftse -40 pts , Dax -162 pts , Cac -71 pts , Crude @ $89.36 brl (-0.13), Brent @ $90.92 brl (-0.00) , Gold @ 1840.50 (-1.00), Silver @ $21.38 (-0.00), Euro @ $1.0466, JPY @ $149.11, INR @ 83.235
*Today's Corporate Action*
*4th Oct Ex Date*
None
*Today's Key Results/Board Meetings*
*04-Oct-23*
ACCEDERE
General
ACEMEN
Quarterly Results;General
CRESSAN
Preferential Issue of shares;General
GVFILM
General
KARMAENG
General
MFSINTRCRP
Quarterly Results;General
SAYAJIHOTL
Dividend on Preference Shares;A.G.M.
*Stock under F&O ban on NSE*
*04-Oct-23*
1 IBULHSGFIN
*News Headlines from Business News Agencies:*
*Business Standard*
• World Bank maintains India GDP growth at 6.3 % for FY24, cites investments
• Vedanta to complete sale of steel assets by March 2024.
• IOC to invest over Rs 2,600 crore to set up Greenfield units in northeast
• WB ups India's FY24 inflation forecast to 5.9%, growth estimate unchanged
• Realty major DLF to invest Rs 1,700 cr for new shopping mall in Gurugram
• Rs 4,500 crore disbursed in September at 11% YoY growth: Mahindra Finance
• Titagarh Rail signs contract for 72 standard gauge cars for the Surat Metro
• IL&FS Group discharges debt worth Rs 35,650 crore by September 23
• Marksans Pharma gets USFDA approval for Esomeprazole Magnesium Capsules
• Supreme Court allows Orbit Electricals to vote in Finolex Cables' AGM
• Fintech firms rush to make tweaks as new data protection law looms
• State-run agency suggests mandatory green hydrogen norms for oil refineries
*Economic Times*
• Strides Pharma Science gets USFDA nod for generic capsule to control triglyceride level
• Highlander, Tokyo Talkies owner Brand Studio Lifestyle eyes Rs 2,000 Cr GMV by end of FY24
• HDFC Bank revamps top management after mega merger
• Edtech company UNIVO doubles its hiring plans
• Air India partners with Tata Neu-HDFC Bank credit card
• JSPL starts coal production at Chhattisgarh's Gare Palma mine, to support Raigarh steel plant expansion
• Blue Dart Express announces 9.6 per cent hike in shipment prices from next year
• Government bans manufacturing, possession, imports of electric detonator from April 2025
• LNG prices to soften by end of decade: TotalEnergies CEO
• India will manage if oil price goes over $100, says Minister Puri
• JSW Infra shares debut with 20 percent premium at Rs 143 on NSE
• JSW Infrastructure has huge potential to grow its business: Sajjan Jindal
*Mint*
• PFC forays into airport financing, sanctions loan for greenfield airport in AP
• India’s manufacturing PMI slows marginally to 57.5 in September
• Allied Blenders and Distillers appoints Alok Gupta as MD
• Valiant IPO: Issue subscribed 29.75 times on day 4; retail portion booked 16.04x
• DGGI sends GST evasion notice of ₹28,000 crore to Dream11: Reports
• India surpasses Japan and UK in global mobile speed ranking
• Ashok Leyland September sales rise 9% YoY to 19,202 units
• Manoj Vaibhav Gems shares list at issue price of ₹215 on NSE
• JK Cement appoints Anuj Khandelwal as business head for grey cement business
• UltraTech UAE subsidiary enters into an agmt with Cemex UAE to recycle concrete waste
• Tech company Mphasis forms a technology partnership with CoreStack
• India raises concerns over high oil prices, urges for more production by Opec
T.me/AlliesFin
*Business Standard*
• World Bank maintains India GDP growth at 6.3 % for FY24, cites investments
• Vedanta to complete sale of steel assets by March 2024.
• IOC to invest over Rs 2,600 crore to set up Greenfield units in northeast
• WB ups India's FY24 inflation forecast to 5.9%, growth estimate unchanged
• Realty major DLF to invest Rs 1,700 cr for new shopping mall in Gurugram
• Rs 4,500 crore disbursed in September at 11% YoY growth: Mahindra Finance
• Titagarh Rail signs contract for 72 standard gauge cars for the Surat Metro
• IL&FS Group discharges debt worth Rs 35,650 crore by September 23
• Marksans Pharma gets USFDA approval for Esomeprazole Magnesium Capsules
• Supreme Court allows Orbit Electricals to vote in Finolex Cables' AGM
• Fintech firms rush to make tweaks as new data protection law looms
• State-run agency suggests mandatory green hydrogen norms for oil refineries
*Economic Times*
• Strides Pharma Science gets USFDA nod for generic capsule to control triglyceride level
• Highlander, Tokyo Talkies owner Brand Studio Lifestyle eyes Rs 2,000 Cr GMV by end of FY24
• HDFC Bank revamps top management after mega merger
• Edtech company UNIVO doubles its hiring plans
• Air India partners with Tata Neu-HDFC Bank credit card
• JSPL starts coal production at Chhattisgarh's Gare Palma mine, to support Raigarh steel plant expansion
• Blue Dart Express announces 9.6 per cent hike in shipment prices from next year
• Government bans manufacturing, possession, imports of electric detonator from April 2025
• LNG prices to soften by end of decade: TotalEnergies CEO
• India will manage if oil price goes over $100, says Minister Puri
• JSW Infra shares debut with 20 percent premium at Rs 143 on NSE
• JSW Infrastructure has huge potential to grow its business: Sajjan Jindal
*Mint*
• PFC forays into airport financing, sanctions loan for greenfield airport in AP
• India’s manufacturing PMI slows marginally to 57.5 in September
• Allied Blenders and Distillers appoints Alok Gupta as MD
• Valiant IPO: Issue subscribed 29.75 times on day 4; retail portion booked 16.04x
• DGGI sends GST evasion notice of ₹28,000 crore to Dream11: Reports
• India surpasses Japan and UK in global mobile speed ranking
• Ashok Leyland September sales rise 9% YoY to 19,202 units
• Manoj Vaibhav Gems shares list at issue price of ₹215 on NSE
• JK Cement appoints Anuj Khandelwal as business head for grey cement business
• UltraTech UAE subsidiary enters into an agmt with Cemex UAE to recycle concrete waste
• Tech company Mphasis forms a technology partnership with CoreStack
• India raises concerns over high oil prices, urges for more production by Opec
T.me/AlliesFin
With US Treasuries at 5%, Bank of America is close to 45x levered, at 6-7% infinitely levered. T.me/AlliesFin
U.S. Dollar Index $DXY on track for its 12th consecutive green week which would match the 12 week winning streak from 2014!!! What a machine 🔥 t.me/AlliesFin
As India’s per capita income rises, so would the bank credit, insurance penetration, manufacturing and goods exports shares as a % of GDP. T.me/AlliesFin
India Daybook – Stocks in News
VST Tillers Tractors: Company and HTC Investments (owner of Zetor Brand) partner to bring in best-in-class tractors for farmers in India (Positive)
Sasken Technologies: Company collaborates with Qualcomm through IoT Accelerator Program (Positive)
Varroc Engineering: Varroc Polymers signs pact with AMP Energy C&I Six & AMP Energy C&I Five for establishing Renewable Power Plants in Karnataka and Tamil Nadu (Positive)
ADF Foods: Balark Banerjea appointed President Indian Domestic Business (Positive)
Raymond: Company to invest up to Rs. 301 crore in subsidiary Ten X Realty (Positive)
Adani Ent: IHC has increased its stake in Adani Enterprises Ltd to above 5% (Positive)
Avenue Supermarts Q2: Standalone Revenue from operations at Rs 12,308 cr, up 18.5% YoY (Positive)
Nestle: Board to meet on Oct 19 to mull stock split of shares (Positive)
Tata Motors: Tata Tech files addendum to DRHP with SEBI (Positive)
JSW Infra: Moody's upgrades JSW Infrastructure's ratings;. (Positive)
Lupin: Company introduces patient support program for diabetes: Agencies (Positive)
ENIL: Gets license to operate radio channel frequency for a period of 5 years in Bahrain: Agencies (Positive)
Bajaj Finance: Q2 AUM up 33% at ₹2.90 lk cr vs ₹2.18 lk cr (YoY). (Positive)
Strides Pharma: Company received approval from the USFDA for its icosapent ethyl capsules (Positive)
Titagarh Rail: Company has secured a contract with the Gujarat Metro Rail Corporation Ltd (GMRC) to manufacture 72 standard gauge cars (Positive)
South Indian Bank Q2: Gross advances up 10.3% (YoY) at Rs 74,975 cr Vs Rs 67,963 cr (Neutral)
Hero MotoCorp: Company set to commence deliveries of its first co-developed premium motorcycle Harley-Davidson X440 on the first day of the Navratri, i.e., 15th October 2023. (Neutral)
IDFC First: Bank has launched QIP to raise up to ₹3,000 Cr, indicative issue price for QIP is ₹90.25/sh (Neutral)
Vedanta Q2: Total aluminium production up 2% at 594 kt vs 584 kt (YoY) (Neutral)
Yes Bank: Provisional loans & advances grew 9.5%; provisional deposits grew 17.2% YoY (Neutral)
V-Mart Retail: Total revenue from ops in Q2 at Rs 549 crore, up 8 percent YoY. (Neutral)
HDFC Bank: Revamps top management after mega merger. (Neutral)
Mahindra Finance: Company disbursed Rs 4,500 crore in September, up 11 percent YoY. (Neutral)
ICICI Bank: Raises Rs 4,000 crore via bonds to fund business growth. (Neutral)
Maruti Suzuki: Company gets draft assessment order from Income Tax Authority amounting to Rs 2,160 crore (Neutral)
Maruti: September total production down 1.1% at 1.75 lakh units vs 1.77 lakh units (YoY)
Bajaj Finserv: Company’s arm BAGIC gets show cause cum demand notice from DG Of GST Intelligence, Pune alleging a tax demand of Rs 1,010 cr
VST Tillers Tractors: Company and HTC Investments (owner of Zetor Brand) partner to bring in best-in-class tractors for farmers in India (Positive)
Sasken Technologies: Company collaborates with Qualcomm through IoT Accelerator Program (Positive)
Varroc Engineering: Varroc Polymers signs pact with AMP Energy C&I Six & AMP Energy C&I Five for establishing Renewable Power Plants in Karnataka and Tamil Nadu (Positive)
ADF Foods: Balark Banerjea appointed President Indian Domestic Business (Positive)
Raymond: Company to invest up to Rs. 301 crore in subsidiary Ten X Realty (Positive)
Adani Ent: IHC has increased its stake in Adani Enterprises Ltd to above 5% (Positive)
Avenue Supermarts Q2: Standalone Revenue from operations at Rs 12,308 cr, up 18.5% YoY (Positive)
Nestle: Board to meet on Oct 19 to mull stock split of shares (Positive)
Tata Motors: Tata Tech files addendum to DRHP with SEBI (Positive)
JSW Infra: Moody's upgrades JSW Infrastructure's ratings;. (Positive)
Lupin: Company introduces patient support program for diabetes: Agencies (Positive)
ENIL: Gets license to operate radio channel frequency for a period of 5 years in Bahrain: Agencies (Positive)
Bajaj Finance: Q2 AUM up 33% at ₹2.90 lk cr vs ₹2.18 lk cr (YoY). (Positive)
Strides Pharma: Company received approval from the USFDA for its icosapent ethyl capsules (Positive)
Titagarh Rail: Company has secured a contract with the Gujarat Metro Rail Corporation Ltd (GMRC) to manufacture 72 standard gauge cars (Positive)
South Indian Bank Q2: Gross advances up 10.3% (YoY) at Rs 74,975 cr Vs Rs 67,963 cr (Neutral)
Hero MotoCorp: Company set to commence deliveries of its first co-developed premium motorcycle Harley-Davidson X440 on the first day of the Navratri, i.e., 15th October 2023. (Neutral)
IDFC First: Bank has launched QIP to raise up to ₹3,000 Cr, indicative issue price for QIP is ₹90.25/sh (Neutral)
Vedanta Q2: Total aluminium production up 2% at 594 kt vs 584 kt (YoY) (Neutral)
Yes Bank: Provisional loans & advances grew 9.5%; provisional deposits grew 17.2% YoY (Neutral)
V-Mart Retail: Total revenue from ops in Q2 at Rs 549 crore, up 8 percent YoY. (Neutral)
HDFC Bank: Revamps top management after mega merger. (Neutral)
Mahindra Finance: Company disbursed Rs 4,500 crore in September, up 11 percent YoY. (Neutral)
ICICI Bank: Raises Rs 4,000 crore via bonds to fund business growth. (Neutral)
Maruti Suzuki: Company gets draft assessment order from Income Tax Authority amounting to Rs 2,160 crore (Neutral)
Maruti: September total production down 1.1% at 1.75 lakh units vs 1.77 lakh units (YoY)
Bajaj Finserv: Company’s arm BAGIC gets show cause cum demand notice from DG Of GST Intelligence, Pune alleging a tax demand of Rs 1,010 cr
US Treasury Yields... @ALLIESFIN
-3-Month: 5.62% (highest since Jan '01)
-1-Year: 5.49% (highest since Dec '00)
-2-Year: 5.15% (highest since Jul '06)
-5-Year: 4.80% (highest since Jul '07)
-10-Year: 4.81% (highest since Aug '07)
-30-Year: 4.95% (highest since Sep '07)
-3-Month: 5.62% (highest since Jan '01)
-1-Year: 5.49% (highest since Dec '00)
-2-Year: 5.15% (highest since Jul '06)
-5-Year: 4.80% (highest since Jul '07)
-10-Year: 4.81% (highest since Aug '07)
-30-Year: 4.95% (highest since Sep '07)
❤1
*Instl. Investors EQUITY Cash Trades PROV. - 04/10/2023 : Rs. CRS. :*
*FIIS : SELL -4,424 (9,848-14,272)*
*DIIS : BUY +1,769 (10,050-8,280)*
*FIIS : SELL -4,424 (9,848-14,272)*
*DIIS : BUY +1,769 (10,050-8,280)*
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 04-10-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -48238* 😭😭
*INDEX FUT. : -559*
*INDEX OPT. : -40306*
*STOCK FUT. : -7184*
*STOCK OPT. : -188*
*SEC. IN F&O BAN FOR, 05-Oct-23 :*
*1. DELTACROP 2. IBULHSGFIN 3. MANAPPURAM*
*ADDITION : DELTACROP, MANAPPURAM*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 04-OCT-2023 :*
*FIIS : SELL -4,424 (9,848-14,272)* 😥
*DIIS : BUY +1,770 (10,050-8,280)* 😃
*BSE SENSEX : -286 (65,226)🔽*
*NSE NIFTY : -93 (19,436)*🔽
*BSE MIDCAP. : -492 (31,877)*🔽
*BSE SMLCAP. : -361 (37,428)*🔽
*B. CRUDE : $ 87.69* 🔽 😃😃
*GOLD: $1821=INR 57,500(10gr)* 🔽 ☺️
*SILVER : RS. 71,100 (kg)(5pm)*🔽☺️
*FOREX : RS. $ 83.24 🔽 ☺️*
*7.26%GOI '33: 7.2773%(99.87)🔼☺️*
*7.18%NEW '33: 7.2367%(99.5925)🔼☺️*
*7.18%GOI '37: 7.3507% (98.52)🔽🙂*
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -48238* 😭😭
*INDEX FUT. : -559*
*INDEX OPT. : -40306*
*STOCK FUT. : -7184*
*STOCK OPT. : -188*
*SEC. IN F&O BAN FOR, 05-Oct-23 :*
*1. DELTACROP 2. IBULHSGFIN 3. MANAPPURAM*
*ADDITION : DELTACROP, MANAPPURAM*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 04-OCT-2023 :*
*FIIS : SELL -4,424 (9,848-14,272)* 😥
*DIIS : BUY +1,770 (10,050-8,280)* 😃
*BSE SENSEX : -286 (65,226)🔽*
*NSE NIFTY : -93 (19,436)*🔽
*BSE MIDCAP. : -492 (31,877)*🔽
*BSE SMLCAP. : -361 (37,428)*🔽
*B. CRUDE : $ 87.69* 🔽 😃😃
*GOLD: $1821=INR 57,500(10gr)* 🔽 ☺️
*SILVER : RS. 71,100 (kg)(5pm)*🔽☺️
*FOREX : RS. $ 83.24 🔽 ☺️*
*7.26%GOI '33: 7.2773%(99.87)🔼☺️*
*7.18%NEW '33: 7.2367%(99.5925)🔼☺️*
*7.18%GOI '37: 7.3507% (98.52)🔽🙂*