*Aviation Stocks:* Oil Marketing Cos Hike Jet Fuel (ATF) Price By 5% To Rs 1.18 Lk/Kl In Delhi (Neutral)

HOW SAFE IS YOUR RIDE ?

@ALLIESFIN

@AlliesFin
The housing route to save Ltcg tax.

*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)🔼☺️*

*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

*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

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

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)

*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)*

*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)🔽🙂*

News Headlines from Business News Agencies:

Business Standard

• Audi India reports 88% growth in sale, beats 2022 sales in first 9 months
• Torrent files urgent plea in SC against Hinduja plan for Reliance Capital
• Centre establishes National Turmeric Board, expected to reach $1 bn by 2030
• Reliance unveils swappable, multipurpose batteries for EVs for clean energy
• HDFC Bank disburses Rs 48k crore home loans in Q2, Casa ratio falls
• UK's Superdry to sell S Asia IP assets to Reliance Retail for $48 million
• IPO fundraising down 26% but average listing gains are up 29% this year
• Centre hikes LPG subsidy for Ujjwala beneficiaries to Rs 300 per cylinder
• Fintech unicorn Slice announces merger with North East Small Finance Bank
• NMDC steel plant to give employment to 50,000 people in state, says PM Modi
• Stride Pharma Global receives USFDA approval or Efavirenz, other drugs
• GST Council likely to consider 'zero tax' on millet mix in meeting
• Samsung may announce cloud gaming service exclusively for Galaxy devices

Economic Times

• Govt aims to complete about 85 pc of road projects on time this fiscal: Highways secretary Anurag Jain
• CCI clears Kedaara Capital Fund stake purchase in Lenskart
• FreightFox raises $600K in seed funding led by Aeravti Ventures
• SBI launches Mobile Handheld Device to provide banking services to FI customers
• Shell hikes diesel prices by Rs 20 a litre
• IDFC First Bank sets QIP floor price at Rs 94.95 per share
• India's retail inflation likely to ease by December: Finance Secretary
• Saudi Arabia to continue voluntary oil output cut of one million bpd
• Plaza Wires IPO booked 49.2x so far, driven by 175x retail subscription
• TCS wins multi-year deal from British retail giant Asda
• India aims to safeguard steel trade interests from EU carbon levy
• India's palm imports fall more than a quarter in September as stocks surge
• Deepak Nitrite incorporates wholly-owned subsidiary for EPC, consultancy business

Mint

• RBI has appointed Shri Muneesh Kapur as Executive Director with effect from 03 oCT
• India, Japan launch $600 million fund for environment projects
• Fitch affirms Glenmark Pharmaceuticals rating at 'BB'; outlook stable
• India Inc has some way to go to comply with data protection act: PwC India
• Jet Airways lenders question Jalan-Kalrock Consortium's fund source
• upGrad's Mayank Kumar steps down as chairperson of India Edtech Consortium
• Crisil upgrades Fusion MicroFinance rating to A plus
• Indusind Bank aims to add 10 million customers through its new app INDIE
• KKR taps Nisha Awasthi, plans to expand India operations with more hiring
• SonyLIV announces foray into Africa and the Caribbean
• Vedanta Q2 aluminium production rises 2% YoY to 5.94 lakh tonnes
• Dunzo's $35 million rights issue may slash its valuation to $200 million: Report
• Reports of ₹10,000 cr fund raise by bank via QIP are speculative & factually incorrect, Axis Bank says

India Daybook – Stocks in News


HealthCare Global: Company has announced the strategic acquisition of SRJ CBCC Cancer Hospital in Indore. (Positive)

Strides Pharma: Company has received approval from the USFDA for efavirenz, emtricitabine and tenofovir disoproxil fumurate tablets. (Positive)

Manappuram Finance: Asirvad Micro Finance IPO DRHP with SEBI, to raise up to ₹1,500 cr via fresh issue of equity shares (Positive)

Hero MotoCorp: Company has received 13,688 bookings for its newly launched flagship motorcycle, Karizma XMR (Positive)

J&K Bank: Total business at Rs 2,18,269 crore for the quarter ended September FY24, growing 12.03 percent (Positive)

Oil downstream stocks: Brent and Nymex Crude fall 4% each to hit 1-month lows (Positive)

RBL Bank: Q2 deposits up 13% YoY & up 5% QoQ At Rs 89,774 cr (Positive)

IEX: September electricity volume up 13% YoY at 9,147 million units (Positive)

Nazara: NODWIN Gaming acquires game marketing agency PublishME for $2 m from shareholders of Nazara Tech & Ozgur Ozalp (Positive)

V2 Retail: Q2 revenue from operations up 18.9% at Rs 231.33 cr Vs Rs 194.5 cr (YoY) (Positive)

HAL: Indian Air Force to procure 97 more LCAs (From Agencies) (Positive)

JM Financial: Manish Sheth stepped down from the company as Chief Financial Officer (Neutral)

Punjab National Bank: Bank has announced 11.3 percent year-on-year growth in total business at Rs 22.5 lakh crore. (Neutral)

Bandhan Bank: Bank has reported loans & advances at Rs 1.07 lakh crore for quarter ended September FY24, growing 4.3 percent QoQ (Neutral)

Indiabulls Housing: Capri Global sold shares of Indiabulls Housing Finance for Rs 43 crore through an open market transaction. (Neutral)

Jubilant Foodworks: Issues clarification and denied on media reports about price cuts in large pizzas by Domino’s. (Neutral)

HDFC Bank: Revamps top management after mega merger. (Neutral)

Exide Industries: Invests ₹340 cr in unit through rights issue: Agencies (Neutral)

ACC: Company incorporates two wholly owned subsidiary companies: ACC Concrete South and ACC Concrete West. (Neutral)

Maruti Suzuki: Company gets draft assessment order from Income Tax Authority amounting to Rs 2,160 crore (Neutral)

Marico: Company said domestic volumes grew in low-single digits on a year-on-year basis

Sheela Foam: Company gets notice alleges a substantial tax demand of Rs 20.26 crore from Commissioner of GST

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 05-10-2023 :*

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

*TOTAL NET SELL : -67267* 😭😭

*INDEX FUT. : +523*

*INDEX OPT. : -69439*

*STOCK FUT. : +1502*

*STOCK OPT. : +146*

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

*1. DELTACROP 2. IBULHSGFIN 3. MANAPPURAM 4. PNB*

*ADDITION : PNB*
*DELETION : NIL*

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

*FIIS : SELL -1,864 (10,304-12,168)* 😥

*DIIS : BUY +521 (7,787-7,266)* 🙂

*BSE SENSEX : +405 (65,631)🔼*

*NSE NIFTY : +110 (19,546)*🔼

*BSE MIDCAP. : -11 (31,866)*🔽

*BSE SMLCAP. : +221 (37,649)*🔼

*B. CRUDE : $ 84.68* 🔽 😃

*GOLD: $1821=INR 57,500(10gr)* ↔️ 😳

*SILVER : RS. 71,400 (kg)(5pm)*🔼🙂

*FOREX : RS. $ 83.25 🔽 ☺️*

*7.26%GOI '33: 7.2579%(100.00)🔽☺️*

*7.18%NEW '33: 7.2140%(99.75)🔽☺️*

*7.18%GOI '37: 7.3295% (98.70)🔽🙂*

*RBI policy tomorrow.*
*What's view on for that?*
There are 2-3 important factors which we need to see.

1. Hawkish stance was seen by FED. As per recent FED policy : higher rates could remain for higher period. Last 8-10 days fall in Indian or US market was for that reason only. Due to which we even saw 10Y US bond yields started moving higher since then. So tomorrow even RBI governor may sound Hawkish little and after FED policy it has been clear that we won't go for rate cut.

2. Rate hike or Rate Cut...?
Rate cut is not possible as discussed above. Ideally rate hike shoudln't be done. Rate hike at this point may impact spending power of retailers. We are just about to start with Festive season so any hike of 25/35 bps might be taken negatively. Somewhere or the other market is aware that there are thin chances of rate hike and has factored upto certain level in recent fall.

3. CRR Liquidity
If you remember then in last RBI policy, Incremental CRR was introduced. Due to deposits of 2000 Rs notes, banks had higher liquidity. That's gonna complete on 8th oct. Hope no further strong new policy to tighten liquidity is bought into, else again Financial sector may crack.


Action Reaction tomorrow:
Case 1: Rate hike by 25/35 bps with hawkish commentary. It may knock down market by 0.7/1% specially banking sector. Chances of rate hike are just 5/10%
Case 2: Maintain Status Quo with hawkish commentary. In this case market may go for good short covering, market may appriciate and consider NO Negative and Positive in such conditions.
Case 3: Rate cut. If this happens by any chances then expect more then 1.5/2% upward rally in All Index. Possible BNF could rally 2.5/3% also. Chances of this is almost neglible. Already US bonds and Indian bond yields are narrowing gap. This impacts Importers and Exporters.

*News Headlines from Business News Agencies :*

*Business Standard :*

• Government extends tenure of SBI chairman Dinesh Khara until August 2024

• Tata Group said to be in advanced talks for Temasek's Tata Play stake

• InterGlobe Hotels to invest about Rs 550 cr on two new properties by 2025

• Global infra faces losses worth $300 bn due to climate change: Report

• Bajaj Finance to raise Rs 10,000 crore through QIP, preferential issue

• Cricket World Cup may add $2.4 billion to Indian economy: Bank of Baroda

• May restrict services to Vodafone Idea if dues unpaid: Indus Towers to Trai

• TCS to modernise unemployment claims system of US state of Georgia

• L-T's Power Business wins EPC orders West Bengal Power Development Corp

• Hitachi Energy's largest global tech, innovation centre comes up in Chennai

• Sajjan Jindal's firm, SAIC Motor to take over MG Motor India: Report

• Corporate affairs ministry exempts aviation from IBC's moratorium clause


*Economic Times :*

• GST Council to mull exempting distilled alcohol used to make liquor from tax

• Tax dept agrees to refund Rs 190 cr to Vedanta, Delhi HC takes note

• Goldman Sachs opens a new office in Hyderabad

• Apple CEO Tim Cook sells shares worth $88 million (Rs 740 cr) as firm's valuation declines to $628 billion

• BHEL pays final dividend of Rs 88 crore to govt of India for FY23

• Nodwin Gaming’s Singapore unit buys marketing firm PublishME for $2 million

• Cred’s FY23 revenue more than triples, losses grow marginally

• Govt begins kharif paddy procurement; purchases 12.21 lakh tonne so far

• Herschel Supply Co and Anne Klein tie up with Apparel group for India entry

• India to start auction of critical mineral mines in few weeks

• Hindalco to sign pact with Odisha Mining Corporation for long-term supply of Bauxite ore

• SIDBI and Shell collaborate for Risk Sharing Facility to complement National EV Mission 30@30

• India invites Brazilian industries to become part of its growing supply chain


*Mint :*

• India's services sector PMI hits 61, reflecting strong sales growth

• Tata Motors rolls out EV upskilling program amid talent shortage

• Tata Motors September UK Auto Sales up 27.5% at 8,125 units vs 6,370 units (YoY)

• Foxconn September sales down, but optimistic about Q4 holiday boost

• SBI chief Dinesh Khara's tenure extended till August 2024: Report

• Commerce ministry pushes for higher exports to Brazil

• Manappuram Finance arm Asirvad Micro Finance files IPO DRHP with SEBI

• BlackBerry plans IPO for its Internet of Things business

• Go First lessors demand aircraft deregistration post-bankruptcy code changes

• Indian IT firms set for "washout" year, focus now on 2025 - J.P.Morgan

• Crisil upgrades Thomas Cook India’s credit rating

• Reliance Jio, Airtel to invest ₹75,000 crore in FY24 to strengthen network

• NPCI to ink pact with UAE’s Al Etihad Payments to facilitate cross-border transactions

IT Companies Bonus Stock ,
Stock Split History
@AlliesFin

Wipro: 13 Bonus, 2 Split

Infosys: 8 Bonus, 1 Split

TCS: 3 Bonus, Nil Split
Nucleus Soft : 3 Bonus, Nil Split
Cyient: 3 Bonus, 1 Split
Mphasis: 3 Bonus, Nil Split
HCL Tech: 3 Bonus, 1 Split
Eclerx: 3 Bonus, Nil Split

Birla Soft: 2 Bonus, 2 Split
Mastek: 2 Bonus, 1 Split

Zensar: 1 Bonus, 1 Split
Sonata Soft: 1 Bonus, 1 Split
Persistent: 1 Bonus, Nil Split
Coforge: 1 Bonus, Nil Split
Oracle: 1 Bonus, Nil Split
Tech Mahindra: 1 Bonus, 1 Split
Tata Elxsi: 1 Bonus, Nil Split

No Bonus, No Split
FSL
L&T Tech
LTIM
Sasken
Happiest Mind
T.me/AlliesFin