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*GIFT Nifty +70 pts (21080) from last trade 21010 ,*

T.me/AlliesFin

Nikkei +218 pts ,
Hangseng -63 pts ,


Dow +173.01 pts ,Nsdq +100.91 pts, S&P
+21.26 pts , Bovespa -513 pts , Ftse -2 pts , Dax -2 pts , Cac -7 pts , Crude @ $68.61 brl (+0.00), Brent @ $73.30 brl (-2.73) , Gold @ 1993.20 (+0.00), Silver $23.016 (+0.00), Euro @ $1.0795, JPY @ $145.42, INR @ 83.395





*Today's Corporate Action*
*13th Dec Ex Date*



RCF
Final Dividend - Rs. - 3.7000





*Today's Key Results/Board Meetings*
*13-Dec-23*


  
CHPLIND
Quarterly Results;General  
GEE
Quarterly Results   
GROWINGTON
Stock  Split;General  
MOTOGENFIN
General   
PVVINFRA
General  




*Stock under F&O ban on NSE*
*13-Dec-23*




1 BALRAMCHIN
2 DELTACORP
3 HINDCOPPER
4 IBULHSGFIN
5 INDIACEM
6 NATIONALUM
7 SAIL
8 ZEEL
*Instl. Investors EQUITY Cash Trades PROV. - 13/12/2023 : Rs. CRS. :*

*FIIS : BUY +4711 (19,273-14,562)*

*DIIS : SELL -958 (8,697-9,655)*
INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 13-12-2023 :

T.me/AlliesFin

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

*TOTAL NET SELL : -47123* ๐Ÿ˜ญ๐Ÿ˜ญ

*INDEX FUT. : -860*

*INDEX OPT. : -44206*

*STOCK FUT. : -2560*

*STOCK OPT. : +404*

*SEC. IN F&O BAN FOR, 14-DEC-23 :*

*1. BALRAMCHIN 2. DELTACORP 3. HINDCOPPER 4. IBULHSGFIN 5. INDIACEM 6. NATIONALUM 7. ZEEL*

*ADDITION : NIL*
*DELETION : SAIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 13-DEC-2023 :*

*FIIS : BUY +4711 (19,273-14,562)* ๐Ÿ˜ƒ

*DIIS : SELL -958 (8,697-9,655)* ๐Ÿ˜ฉ

*BSE SENSEX : +33 (69,584)๐Ÿ”ผ*

*NSE NIFTY : +20 (20,926)*๐Ÿ”ผ

*BSE MIDCAP. : +376 (35,842)*๐Ÿ”ผ

*BSE SMLCAP. : +300 (41,584)*๐Ÿ”ผ

*B. CRUDE : $ 73.47* ๐Ÿ”ฝ ๐Ÿ™‚

*GOLD: $ 1,984=INR 62,000(10gr)*โ†”๏ธ ๐Ÿ˜ณ

*SILVER : RS. 75,400 (kg)(5pm)*๐Ÿ”ฝโ˜บ๏ธ

*FOREX : RS. $ 83.40 ๐Ÿ”ฝ โ˜บ๏ธ*

*7.26%GOI '33: 7.3058%(99.6850)๐Ÿ”ฝ๐Ÿ™‚*

*7.18%NEW '33: 7.2581%(99.45)๐Ÿ”ฝ๐Ÿ™‚*

*7.18%GOI '37: 7.3645% (98.42)๐Ÿ”ฝ๐Ÿ™‚*
@AlliesFin

Post FED meet comments Dow rallied 1.40% to cross 37000 for the first time, S&P gained 1.37% and Nasdaq closed 1.38% higher. Fed's indication of several rate cuts in 2024 took indices to fresh 52 week highs and Russell 2000 3.52% higher.

USD index and 10 year yields were sharply lower, Dxy traded below 103 and 10 year fell near 4.00% mark.

Crude futures saw a quick rebound from five months lows as FED's Xmas gift of multiple rate cuts probability helped risk-on sentiment for the commodity. WTI moved near 69.50, Brent moved above 74.

Indian stocks closed marginally higher amidst volatility ahead of crucial FED meet. Auto, Power and Pharma stocks helped indices recover from intraday lows. Sensex added 34 points and Nifty gained 20 points at close.

Strong global equity sentiments, fall in USD index / 10 year yields may help Indian stocks to trade into fresh life highs at open. Participants may watch out for weekly options expiry related volatility and avoid chasing stocks at big gap ups. The upcoming holiday period and absence of institutional activity thereon may result in extreme high volatility for the next few sessions and its better to keep short term positions under check to navigate huge price moves on low volumes.

T.me/AlliesFin
๐ŸŒŸ
Today's Headlines from @ALLiESFiN

Economic Times

๐Ÿ“ ADB raises India's FY24 growth forecast to 6.7%

๐Ÿ“ UK economy shrinks, raises risk of recession

๐Ÿ“ Fed holds rates steady again and pivots toward cuts in 2024

๐Ÿ“ Inox India raises Rs 438 crore from anchor investors ahead of IPO

๐Ÿ“ Services exports hit USD 192 bn so far this fiscal: SEPC

๐Ÿ“ MDL submits bid for over Rs 20,000 crore project to build 3 new Kalvari class submarines

๐Ÿ“ Boots owner in talks to offload $9-billion UK pharmacy chain

๐Ÿ“ Mahindra & Mahindraโ€™s Classic Legends to get fund infusion of Rs 875 cr

๐Ÿ“ CCI clears stake acquisitions involving Niva Bupa Health Insurance, Constantia

๐Ÿ“ Cancer therapy firm Bicara raises $165 million

๐Ÿ“ Snitch raises Rs 110 crore in funding from SWC Global, IvyCap Ventures, others

๐Ÿ“ Nexus Venture Partners invests Rs 100 crore in Agilitas Sports

๐Ÿ“ Agritech startup Vegrow raises $46 million in funding led by GIC

Business Standard

๐Ÿ“ Making history, COP28 nations agree to 'transition away' from fossil fuels

๐Ÿ“ Myntra surpasses 75 mn new app users, achieves record customer growth

๐Ÿ“ Private equity firm Bain Capital sells Rs 3,737 cr stake in Axis Bank

๐Ÿ“ Govt not considering any proposal to take over Vodafone Idea: MoS

๐Ÿ“ IndiGo occupies sixth position in global mcap, surpassing United Airlines

๐Ÿ“ Disney, Reliance plan London meeting for India media merger talks: Report


๐Ÿ“ Hindustan Coca-Cola Beverages plans to invest Rs 3,000 crore in Gujarat

๐Ÿ“ Alternative debt provider BlackSoil sees 44% jump in investment in 2023

๐Ÿ“ India's e-retail market estimated to reach over $160 bn by 2028: Report

๐Ÿ“ Cloud-lending startup Lentra launches 3 AI products for financial sector

๐Ÿ“ Bank of Maharashtra raises Rs 259 cr at 7.99% through tier-II bonds

๐Ÿ“ Twelve of 31 states, UTs project debt more than 35% of GSDP at FY24 end

๐Ÿ“ Rupee settles at new closing low of 83.40 on caution ahead of US Fed meet

๐Ÿ“ German firm TรœV SรœD invests 15 mn euros in lab test facility in Bengaluru

Financial Express

๐Ÿ“ Coca-Cola to invest Rs 3,000 cr in Gujarat

๐Ÿ“ RBI: Presence of Indian banks via subsidiaries increased to 417 in FY23

๐Ÿ“ Moodyโ€™s affirms Reliance Industries Baa2 ratings; outlook stable

๐Ÿ“ Mutual fundsโ€™ SIP collection soars to Rs 1.66 lakh crore in 2023; lower ticket size to push inflow

๐Ÿ“ DOMS Industries IPO fully subscribed within hours of opening; ends with 5.71 times subscription

Mint

๐Ÿ“ 4G phones set for price cuts amid surplus inventory

๐Ÿ“ Spandana Sphoorthy to grow MFI book organically, may acquire NBFC

๐Ÿ“ UltraTech aims 85% green energy usage

๐Ÿ“ Denta Water and Infra Solutions files DRHP with SEBI to raise funds via IPO

๐Ÿ“ India, France in talks for increased cooperation on small hydro projects

๐Ÿ“ Foxconn gets nod to infuse $1 billion more in Apple India plant: Report.
๐Ÿ‡ฎ๐Ÿ‡ณIndia Daybook Stocks in News

T.ME/ALLiESFiN

NBCC: Company has secured a substantial work order worth Rs 1,500 crore from the National Cooperative Development Corporation (Positive)

IndiGo: Company became the sixth-largest airline by overtaking United Airlines (Positive)

Biocon: Company said its associate company Bicara Therapeutics Inc has successfully concluded its Series C financing, raising $165 million on December 12. (Positive)

IRCTC: Company is branching out to expand its brand and business reach beyond the railway catering. (Positive)

GMM Pfaudler: The company has seen a recent transaction within its promoter group, with the Patel Family, via Millars Machinery, acquiring a 1% stake in the company (Positive)

Uno Minda: Company inaugurated a new manufacturing facility for automotive seating systems in Ahmedabad. (Positive)

Bandhan Bank: RBI authorises Bandhan Bank to disburse pension to retired Railway employees. (Positive)

Axis Bank: UBS, Goldman, Societie General and Morgan Stanley are major Buyers in Axis Bank deal. (Positive)

Tech Mahindra: Company announces global crowdsourcing platform. (Positive)

Fusion Micro: Warburg to sell 93.5 lakh shares at Rs 535 per share (Neutral)

Axis Bank: Bank likely to see change of hands up to 1.1% equity (3.34 crore shares) via block deal (Neutral)

JSW Energy: Companyโ€™s subsidiary has completed a bonus issue of 75.38 crore shares worth Rs 753.89 crore. (Neutral)

SBI: Bank said that it will sign a 70 million euro (about Rs 630 crore) Line of Credit with German Development Bank KfW. (Neutral)

Ultratech: Company announced that it plans to increase the overall share of green energy in its total energy mix to 85% by 2030. (Neutral)

Escorts: Harish Lalchandani Resigns As Chief Officer โ€“ Agri Machinery Business Division of Escorts Kubota. (Neutral)

RBL Bank: BANK acquires 8.51% stake in ONDC for Rs 40 crore (Neutral)

Mahindra & Mahindra: Company proposes to invest Rs 875 crore in subsidiary (Neutral)

Reliance Ind: Moody's affirms Reliance Industries' Baa2 ratings, outlook stable. (Neutral)
Instl. Investors EQUITY Cash Trades PROV. - 14/12/2023 : Rs. CRS. : @ALLiESFiN

FIIS : BUY +3,570 (21,080-17,510)

DIIS : BUY +553 (12,118-11,565)
Mkt. Updates :

*GIFT Nifty +66 pts (21420) from last trade 21354 ,*

Nikkei +376 pts ,
Hangseng +209 pts ,


Dow +158.11 pts ,Nsdq +27.60 pts, S&P
+12.46 pts , Bovespa +1377 pts , Ftse +100 pts , Dax -13 pts , Cac +44 pts , Crude @ $71.66 brl (+0.08), Brent @ $76.60 brl (+2.34) , Gold @ 2050.40 (+5.50), Silver $24.435 (+0.04), Euro @ $1.0991, JPY @ $142.13, INR @ 83.305


*US GOVT. 10-YR YIELD : 3.96%*


*Today's Corporate Action, 15 Dec Ex Date :*

ASITCFIN
Right Issue of Equity Shares 
SOMANYCERA
Buy Back of Shares


*Today's Key Results/Board Meetings, 15-Dec-23 :*
  
AKSHAR
Interim Dividend;Bonus issue;Buy Back of Shares
ANMOL
General   
BMBMUMG
General   
GANDHAR
Quarterly Results   
METALFORGE
Quarterly Results   


*SEC. IN F&O BAN FOR, 15-DEC-23 :*

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

*ADDITION : SAIL , MANAPPURAM*
*DELETION : NATIONALUM*


*Today's Alert :*

*RBI to Conduct Auction of GOI BONDS for INR 330 Billion*
*Today's Headlines :*

*Economic Times :*

๐Ÿ“ Irdai proposes limit on surrender charges for non-linked plans

๐Ÿ“ Two promoter entities sell 10.2% stake in Fusion MicroFinance for Rs 572 crore

๐Ÿ“ India Shelter Finance IPO booked 4.34 times on Day 2; GMP rises sharply

๐Ÿ“ HDFC Bank in talks for infra bond sale worth Rs 10,000 crore

๐Ÿ“ S&P Global Ratings downgrades Vedanta Resources amid bond maturity extension

๐Ÿ“ NCAER pegs Indiaโ€™s logistics cost between 7.8-8.9% of GDP in FY22

๐Ÿ“ Net direct tax collection at Rs 10.64 lakh cr in Apr-Nov; 58.34 pc of BE

๐Ÿ“ Capex on National Highways increased from Rs 51,000 cr in FY14 to Rs 2,40,000 cr in FY23, Parliament told

๐Ÿ“ Interest rate maintained by the Bank of England at 5.25% for the third time

๐Ÿ“ Essar to invest $6.6 billion in power, port projects in Gujarat

๐Ÿ“ PlasmaGen Biosciences raises Rs 225 crore in equity funding

๐Ÿ“ Exponent Energy raises $26 million in funding led by Eight Roads Ventures


*Business Standard :*

๐Ÿ“ $340 million fundraise by Udaan signals pick-up in startup dealmaking

๐Ÿ“ Adani Group to make additional investment of Rs 8,700 crore in Bihar

๐Ÿ“ Tata Capital eyes fashion brand Rare Rabbit at $300 mn valuation: Reports

๐Ÿ“ Infibeam Avenues picks up 49% stake in Ahmedabad-based Pirimid Fintech

๐Ÿ“ Pawan Munjal-backed Exponent raises $26.4 million in Series B round

๐Ÿ“ WPI turns positive after 8 months in November as food, mineral prices jump

๐Ÿ“ Reserve Bank of India to conduct 7-day variable rate repo auction on Friday

๐Ÿ“ Critical mineral imports rise as shift towards green energy catches pace


*Financial Express :*

๐Ÿ“ QuadGen inks deal with Vietnamโ€™s Viettel to manufacture 5G equipment

๐Ÿ“ Coal-based power to reduce to 23% by 2030: Minister

๐Ÿ“ Shree Cement commissions high capacity kiln for Rs 3500 crore Rajasthan plant

๐Ÿ“ Indiaโ€™s e-retail market expected to reach over $160 billion by 2028 from $57โ€“$60 billion in 2023

๐Ÿ“ HPL Electric bags smart meter order worth Rs 545 crore from various customers

๐Ÿ“ Centreโ€™s dividends from CPSEs cross 90% of annual target

๐Ÿ“ Market capitalisation of BSE-listed firms jumps to record high of Rs 355 lakh crore; investors richer by Rs 3.83 lakh crore

๐Ÿ“ INOX India IPO subscribed 2.78 times on first day of offer


*Mint :*

๐Ÿ“ ONGC launches Shared Finance Services to centralize vendor payments

๐Ÿ“ Unilever in advanced talks to sell Elida Beauty to Yellow Wood: Report

๐Ÿ“ Kia guns for 17% of Indiaโ€™s EV car market

๐Ÿ“ GeM portal set to break records with โ‚น3.5 trillion procurement in FY24

๐Ÿ“ Hero MotoCorp to buy additional 3% stake in Ather Energy for up to โ‚น140 crore

๐Ÿ“ Rupee ends 7 paise higher at 83.33 against the US dollar on a dovish Fed

๐Ÿ“ Ad spends to grow 11.8% in 2023 to reach โ‚น1.09 trillion

๐Ÿ“ Azad Engineering gets Sebi nod for its โ‚น740 crore IPO

๐Ÿ“ India considering โ‚น10,000 crore revised scheme for chip component manufacture

๐Ÿ“ Indian space startups got โ‚น1,000 cr private investment since April: Report.
*๐Ÿ‡ฎ๐Ÿ‡ณIndia Daybook โ€“ Stocks in News*

*Texmaco Rail:* Company gets Rs 1,374.4 crore order from Railway Ministry for manufacture and supply of 3,400 BOXNS wagons (Positive)

*Sterling & Wilson:* Company gets settlement amount of Rs 254.2 crore from Jinko Solar over ongoing dispute (Positive)

*Panacea Biotec:* Company has launched worldโ€™s first fully-liquid wP-IPV based Pentavalent vaccine, EasyFourPol, in India. (Positive)

*IRB Infra:* IRB InfraTrust emerges as preferred bidder for Kota Bypass. (Positive)

*Jupiter Wagons:* Company gets worth Rs 1,617 cr from Ministry of Railways. (Positive)

*Infibeam Avenues:* Company makes foray into capital market tech space. (Positive)

*M&M Financial:* Company to foray into areas of life, health & general insurance. (Positive)

*Hero MotoCorp:* Company to acquire 3% stake in AtherEnergy for Rs 140 crore (Positive)

*Zydus Lifesciences:* Company gets U.S. FDA nod for generic cancer treatment capsules. (Positive)

*Genus Power:* Company wins order worth โ‚น1,026.31 crore (Positive)

*BHEL:* Company and CMTI have entered into a MoU for collaboration on technology development in the areas of Hydrogen value chain and IIoT solutions for predictive maintenance of machines & manufacturing processes. (Positive)

*Adani Energy:* Company incorporates wholly-owned subsidiary, Sunrays Infra Space Two, which will be a transmission service provider. (Neutral)

*Adani Ent:* Adani Group plans to invest Rs 8,700 crore in Bihar, guarantees quarterly updates. (Neutral)

*Aditya Birla Capital:* Invests additional Rs 50.9 crore in unit Aditya Birla Sun Life Insurance. (Neutral)

*Exide Industries:* Company invests Rs 100 crore in arm Exide Energy Solutions. (Neutral)

*State Bank of India:* Bank has executed transactions documents for purchase of 3,70,644 shares (6.35%) of Canpac Trends Private Limited. (Neutral)

*PVRINOX:* Plenty PE Fund, Multiples PE to sell shares via block deal. Deal price range Rs 1750-1770 per share: CNBC (Neutral)

*Vedanta:* Company to consider issuance of Non-Convertible Debentures (NCDs) on private placement basis on December 19, 2023 (Neutral)

*Hero MotoCorp:* Company appoints Vivek Anand as CFO of the company effective March 1, 2024 (Neutral)

*Anant Raj:* Companyโ€™s board approves preferential issue of equity shares for Rs 25 crore to Gagandeep Credit Capital. (Neutral)

*Jammu & Kashmir Bank:* Raises Rs 750 crore via QIP at Rs 107.6/ Share. (Neutral)

*Dr Reddyโ€™s:* Becomes first Indian pharma company to debut on Dow Jones Sustainability World Index. (Neutral)

*Satin Creditcare:* Company opens QIP on December 14 with Floor price Rs 242.81 versus close Rs 248.55. (Neutral)

*KFin Technologies:* Global private equity firm General Atlantic is likely to sell 6.2% stake in company through a block deal (Neutral)

*PB Fintech:* Income tax officials visited PB Fintech unit Paisa bazaar on December 13 and 14.
INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 15-12-2023 :

T.me/AlliesFin

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

*TOTAL NET SELL : -825* ๐Ÿ˜ฉ

*INDEX FUT. : +1450*

*INDEX OPT. : -6575*

*STOCK FUT. : +3724*

*STOCK OPT. : +575*

*SEC. IN F&O BAN FOR, 18-DEC-23 :*

*1. BALRAMCHIN 2. DELTACORP 3. HINDCOPPER 4. MANAPPURAM 5. INDIACEM 6. SAIL 7. ZEEL*

*ADDITION : SAIL, MANAPPURAM*
*DELETION : NATIONALUM, IBULHSGFIN*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 15-DEC-2023 :*

*FIIS : BUY +9,239 (37,677-28,438)* ๐Ÿ˜ƒ

*DIIS : SELL -3,077 (11,301-14,378)* ๐Ÿ˜ฅ

*BSE SENSEX : +970 (71,484)๐Ÿ”ผ*

*NSE NIFTY : +274 (21,456)*๐Ÿ”ผ

*BSE MIDCAP. : -26 (36,198)*๐Ÿ”ฝ

*BSE SMLCAP. : +241 (42,083)*๐Ÿ”ผ

*B. CRUDE : $ 76.17* ๐Ÿ”ฝ ๐Ÿ™‚

*GOLD: $ 2,033=INR 63,150(10gr)*๐Ÿ”ฝ โ˜บ๏ธ

*SILVER : RS. 78,800 (kg)(5pm)*๐Ÿ”ผ๐Ÿ˜ƒ

*FOREX : RS. $ 82.99 ๐Ÿ”ผ ๐Ÿ˜Š*

*7.26%GOI '33: 7.2081%(100.33)๐Ÿ”ฝ๐Ÿ˜Š*

*7.18%NEW '33: 7.1624%(100.1075)๐Ÿ”ฝ๐Ÿ˜Š*

*7.18%GOI '37: 7.2795% (99.14)๐Ÿ”ฝ๐Ÿ˜Š*
It took 27 months and 551 trading sessions for BSE Sensex to reach 70,000 from 60,000. @AlliesFin

Guess who is the biggest winner?

The listed government assets.

Their market cap more than doubled to โ‚น46,40,000 crore during this period.

I still remember some politicians saying - Modi is finishing PSUs ๐Ÿ˜‚

Its the same PSU, same Babu, Same employees, Same BSE, Same Bharat

What changed is just the man at top

The LEADERSHIP ๐ŸŒŸ
T.me/AlliesFin
Corrections are Temporary, Growth is Permanent!

@AlliesFin

Use Market Volatility for your benefit to Top Up your Investments in sectoral tailwinds and Long Growth Stories.

But thinking of to start
Investing at a Better Price only, you'll be having better returns with Risk Mangement, Money Management, emotions handling and hand holding services.

Let's Connect To Know More About Wealth Creation Strategy

Axit D Shah
Allies Fin Serve
+919869958999
๐Ÿ‘1
10 Important Personal Finance Rules!๐Ÿ’ฐ

@AlliesFin

Spend a few minutes reading some extremely useful and important personal finance rules.โฌ‡๏ธ

Bookmark It!๐ŸŽฏ๐Ÿ’ฏ
1. Rule of 72 (Double Your Money)
2. Rule of 114 (Triple)
3. Rule of 144 (Quadruple)
4. Rule of 70 (Inflation)
5. 50-30-20 Rule
6. 3X Emergency Rule
7. 40โ„… EMI Rule
8. Life Insurance Rule
9. Rule of 10
10. The 4% Rule

1. Rule of 72:
No. of yrs required to double your money at a given rate, U just divide 72 by interest rate
Eg, if U want to know how long it will take to double your money at 8% interest, divide 72 by 8 and get 9 yrs

At 6% rate, it will take 12 yrs
At 9% rate, it will take 8 yrs

2.Rule of 114:
No. of years required to triple your money at a given rate, U just divide 114 by interest rate.

For example, if you want to know how long it will take to triple your money at 12% interest, divide 114 by 12 and get 9.5 years
At 6% interest rate, it will take 19yrs

3.Rule of 144:
No. of years required to, quadruple your money at a given rate, U just divide 144 by interest rate.
(For eg, if you want to know how long it will take to quadruple your money at 12% interest, divide 144 by 12 and get 12 yrs
At a 6% interest rate, it will take 24yrs

4. Rule of 70:
Divide 70 by the current inflation rate to know how fast the value of your investment will get reduced to half its present value.
The inflation rate of 7% will reduce the value of your money to half in 10 years.

5. 50-30-20 Rule:Allocation
Divide your income into
50โ„… - Needs - Groceries, rent, EMI
30โ„… - Wants - Entertainment, vacations, etc
20โ„… - Savings - Equity, MFs, Debt, FD, etc
At least try to save 20โ„… of your income.
You can definitely save more

6. 3X Emergency Rule:
Always put at least 3 times your monthly income in Emergency funds for emergencies such as loss of employment, medical emergency, etc.
You can have around 6 X Monthly Income to be on a safer side

7. 40โ„… EMI Rule:
Never go beyond 40โ„… of your income into EMIs.
Say you earn, 50,000 per month. So you should not have EMIs of more than 20,000.
This Rule is generally used by Finance companies to provide loans. You can use it to manage your finances.

8. Life Insurance Rule:
Always have Sum Assured as 20 times of your Annual Income

9. Rule of 10
For big discretionary purchases, reflect on how it will make you feel in 10 days, 10 weeks and 10 years. Perspective can calm buying urges for purchases you later regret.

10. The 4% Rule
The 4% rule is a common rule used in retirement planning to help you avoid running out of money. It states that you can (without any hassle) withdraw 4% of your savings in your first year of retirement and alter that amount for inflation for every subsequent year without risking running out of money for the next, at least 30 years.

T.me/AlliesFin

For example- Your annual expense is 500,000, then the corpus required to retire is 1.25 cr. If we put 50% into fixed income & 50% into equity and withdraw 4% every year, it would be Rs.5 lakh. This rule works for 96% of the time in a 30 year period.
๐Ÿ‘1
GIFT Nifty -72 pts (21486) from last trade 21558 ,

T.me/AlliesFin

Nikkei -396 pts ,
Hangseng -122 pts ,

Dow +56.81 pts ,Nsdq +52.36 pts, S&P
-0.36 pts , Bovespa -644 pts , Ftse -72 pts , Dax -0.79 pts , Cac +21 pts , Crude @ $72.06 brl (+0.63), Brent @ $77.22 brl (+0.67) , Gold @ 2030.30 (-5.40), Silver $24.04 (-0.11), Euro @ $1.0892, JPY @ $142.31, INR @ 83.025


Today's Corporate Action
18th Dec Ex Date


IFL
Bonus issue 1:10  


Today's Key Results/Board Meetings
18-Dec-23

ADITYA
General    
ALEXANDER
Preferential Issue of shares;General 
ALMONDZGeneral    
ARROWHEAD
Half Yearly Results   
BLUECLOUDS
General    
BRANDBUCKT
Preferential Issue of shares;General 
COMRADE
Preferential Issue of shares  
ENERGYDEV
Quarterly Results;General  
JTLIND
Issue Of Warrants   
LWSKNIT
Right Issue of Equity Shares;General 
PANORAMA
Preferential Issue of shares  
PARACABLES
Preferential Issue of shares  
SANDUMABonus issue   
SENINFO
General    
VEDL
Interim Dividend   
ZWELCAST
Voluntary Delisting of Shares  



Stock under F&O ban on NSE
18-Dec-23

1 BALRAMCHIN
2 DELTACORP
3 HINDCOPPER
4 INDIACEM
5 MANAPPURAM
6 SAIL
7 ZEEL
News Headlines from Business News Agencies:

Business Standard

โ€ข India's exports shrink again in Nov after Oct high; trade deficit narrows
โ€ข Govt issues revised order to allow use of sugarcane juice to make ethanol
โ€ข Bank NIMs may dip further by 30 bps over few quarters: CARE Ratings
โ€ข India, Oman adopt vision document to expand bilateral cooperation
โ€ข India's growth story is going to be distinctive, unique: HUL's Rohit Jawa
โ€ข Royal Enfield faces fresh challenge from Harley in India's biker paradise
โ€ข Spicejet's domestic market share makes consistent gains towards 2023-end
โ€ข JM Financial appoints Axis Capital's Chirag Negandhi as managing director
โ€ข PharmEasy bags Rs 1.3K cr from Pai; Rs 3.5K cr rights issue oversubscribed
โ€ข Petroleum Ministry has given nod to import Venezuelan crude: Officials
โ€ข India's foreign reserves jump to a five-month high of $607 billion
โ€ข Investing half a billion dollar in our generics business: Biocon MD & CEO
โ€ข Sebi issues warning to Care Ratings and orders corrective measures
โ€ข NCLAT refuses to stay Zee-Sony merger, case to be heard on January 8

Economic Times

โ€ข Haryana-based pharma firm MITS plans to expand across India, abroad
โ€ข Reliance General Insurance unveils global healthcare policy
โ€ข Sterling and Wilson Renewable raises Rs 1,500 crore via QIP
โ€ข Zydus Lifesciences gets USFDA nod to sell generic anti-epileptic medication
โ€ข Lowering logistics costs to 5-6% of GDP doable: Piyush Goyal
โ€ข ESIC to set up nine hospitals in Maharashtra, MP, Uttarakhand
โ€ข Courtyard by Marriott opens a new property in Gorakhpur
โ€ข Apple to pay $25 million to settle lawsuit over Family Sharing feature
โ€ข Dollar rebounds as Fed's Williams talks down rate cuts
โ€ข Motisons Jewellers raises Rs 36 cr from anchor investors
โ€ข Honda Elevate crosses 20,000 sales mark
โ€ข Oil prices remain under pressure on softening demand and oversupply worries
โ€ข Activision to pay $50 million to settle workplace discrimination lawsuit

Mint

โ€ข ONGC launches Shared Finance Services to centralize vendor payments
โ€ข Hero MotoCorp to buy additional 3% stake in Ather Energy for up to โ‚น140 crore
โ€ข FPIs pump โ‚น42,733 in Indian equities in Dec; Inflows rise after US Fed stance
โ€ข Sun Pharma, Lupin recall drugs in US over manufacturing issues: USFDA
โ€ข Surat airport to get international tag as Cabinet clears proposal
โ€ข With three months still to go, NTPC Mining outdoes its FY23 coal output
โ€ข SoftBank sells PB Fintech shares worth โ‚น914 crore
โ€ข Cipla hikes stake in digital tech company GoApptiv
โ€ข Emami Group shows a โ‚น2,000 crore appetite for its food business
โ€ข NCLT Mumbai approves sale of Reliance Communications' real estate assets, shares
โ€ข India 10-year bond yield logs biggest weekly fall in over 7 months on dovish Fed
โ€ข DOMS IPO Issue subscribed 93.52 times; QIB, retail record huge demand
โ€ข Steel ministry begins industry consultations as imports exceed exports
T.me/AlliesFin
INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 18-12-2023 :

T.me/AlliesFin

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

*TOTAL NET SELL : -22059* ๐Ÿ˜ญ๐Ÿ˜ญ

*INDEX FUT. : +16*

*INDEX OPT. : -20656*

*STOCK FUT. : -1894*

*STOCK OPT. : +475*

*SEC. IN F&O BAN FOR, 19-DEC-23 :*

*1. BALRAMCHIN 2. HINDCOPPER 3. INDIACEM 4. MANAPPURAM 5. NATIONALUM 6. SAIL 7. ZEEL*

*ADDITION : NATIONALUM*
*DELETION : DELTACORP*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 18-DEC-2023 :*

*FIIS : SELL -33 (11,474-11,507)* โ˜บ๏ธ

*DIIS : BUY +413 (9,657-9,244)* ๐Ÿ™‚

*BSE SENSEX : -169 (71,315)๐Ÿ”ฝ*

*NSE NIFTY : -38 (21,418)*๐Ÿ”ฝ

*BSE MIDCAP. : +102 (36,300)*๐Ÿ”ผ

*BSE SMLCAP. : +202 (42,285)*๐Ÿ”ผ

*B. CRUDE : $ 79.11* ๐Ÿ”ผ ๐Ÿ˜ญ

*GOLD: $ 2,022=INR 62,900(10gr)*๐Ÿ”ฝ โ˜บ๏ธ

*SILVER : RS. 78,300 (kg)(5pm)*๐Ÿ”ฝ๐Ÿ˜ฉ

*FOREX : RS. $ 83.06 ๐Ÿ”ฝ โ˜บ๏ธ*

*7.26%GOI '33: 7.2051%(100.35)๐Ÿ”ฝ๐Ÿ™‚*

*7.18%NEW '33: 7.1584%(100.1350)๐Ÿ”ฝ๐Ÿ™‚*

*7.18%GOI '37: 7.2751% (99.1775)๐Ÿ”ฝ๐Ÿ™‚*
๐Ÿ‘1