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*BGR Energy:* Company said it has received a notice of contract termination from the Chennai Metropolitan Water Supply and Sewage Board for project for a 45 MLD capacity tertiary treatment reverse osmosis (TTRO) plant in Kodungaiyur.

*Shriram Prop:* FIR filed against former Tamil Nadu Minister mentions former JV of Shriram Properties.

T.me/AlliesFin
GIFT Nifty -30 pts (25926) from last trade 25956 ,


Nikkei -111 pts ,
Hangseng +592 pts ,


Dow +83.57 pts ,Nsdq +100.25 pts, S&P
+14.36 pts , Bovespa +1587 pts , Ftse +23 pts , Dax +149 pts , Cac +95 pts , Crude @ $71.56 brl (+0.00), Brent @ $75.17 brl (+0.00) , Gold @ 2682.60 (+5.60), Silver $32.48 (+0.05), Euro @ $1.1184, JPY @ $143.02, INR @ 83.605




*Today's Corporate Action*
*25th Sept Ex Date*



ADORFO
Amalgamation   
ADTECH 
Dividend - Rs. - 1.0000
BAJAJHLDNG
Interim Dividend - Rs. - 65.0000
DEEPENR
Amalgamation   
DIGIFIBRE
Income Distribution (InvIT) 
ISCITRUST
InvIT - Return of Capital 
MAHSCOOTER
Interim Dividend - Rs. - 110.0000
NDRAUTO
Bonus issue 1:1  
STARLENT
Bonus issue 1:5  
STARLENT
Stock  Split From Rs.5/- to Rs.1/-
SWASTIKA
Stock  Split From Rs.10/- to Rs.2/




*Today's Key Results/Board Meetings*
*25-Sep-24*
     


MYSPAPE
Quarterly Results        
SELLWIN
Bonus issue;Stock  Split;General      
USHAKIRA
General          
 

 

*Stock under F&O ban on NSE*
*25-Sep-24*




1 ABFRL
2 GRANULES
3 HINDCOPPER
4 IDEA
5 IEX

T.me/AlliesFin
ASK Auto: Kuldip Singh Rathee, one of the promoters of the company, to sell 6.05% stake in ASK Automotive via OFS. (Neutral)

SpiceJet: Ireland-based aircraft lessor Carlyle Aviation Management has sold its 1.42% stake in the airline company. (Neutral)

Zaggle: Company approves acquisition of 98.32% stake in SpanAcross. (Neutral)
MarketsRanked:

This bar chart shows 10-year real GDP growth projections by country.


Real GDP Growth Forecasts for the Next 10 Years,

India Leads Across Major Economies
Below, we show real GDP growth projections over the next decade, based on an assessment of 81 indicators including labor productivity, innovation, debt obligations, and education.

Show
10
entriesSearch:
Country 10-Year Annual Growth Rate Forecast (%)
🇮🇳 India 6.3
🇦🇪 UAE 5.5
🇮🇩 Indonesia 5.5
🇸🇦 Saudi Arabia 4.6
🇹🇷 Turkey 4.0
🇨🇳 China 4.0
🇷🇺 Russia 2.9
🇵🇱 Poland 2.9
🇿🇦 South Africa 2.9
🇸🇬 Singapore 2.6
Showing 1 to 10 of 32 entriesPreviousNext
India ranks first among the countries analyzed, driven by robust investment, moderate workforce expansion, and low debt levels.

Notably, India’s infrastructure spending has topped $100 billion annually over the last three years. The country is projected to have the world’s third largest economy by 2027, overtaking both Japan and Germany.
T.me/AlliesFin
Editor's Note
Dhirendra Kumar’s insights and timeless advice for investors

T.me/AlliesFin

4-October-2024

Dear @ALLIESFIN

Every Saturday, I share my perspectives on a topic investors will find useful. This time let’s take a look at how SEBI has set itself a tough task in making the recent changes to the derivatives rules.

SEBI’s derivatives challenge
As everyone interested in the equities market would know by now, regulator SEBI has developed a spate of measures in how derivatives trading is done. These measures are designed to… to what? Well, the circular released by the regulator says, “to strengthen the equity index derivatives framework.” By itself, that’s a say-nothing legalistic kind of statement.

However, the context in which these measures have been announced makes the goal quite clear. Let’s put it quite bluntly: Individual traders in index options are making massive losses. They are being robbed blindly by the cabal of exchanges, brokers, and large institutional entities conducting automated algorithmic trading.

This context is clear from the release of its second report on derivatives trading just a few days ago. The original report famously told us that “89 per cent of the individual traders (i.e. 9 out of 10 individual traders) in the equity F&O segment incurred losses, with an average loss of Rs. 1.1 lakh during FY22…”. The follow-up report, based on data from three financial years, FY22, FY23, and FY24, shows that the headline conclusion is the same. Some 91 per cent of traders lost money in FY24, too.



However, the details are truly damning and highlight the regulatory challenge. Consider this: Individuals made losses in F&O, and the FPIs and Proprietary traders earned profits. Proprietary traders earned about ₹33,000 crore of gross profits in the F&O segment in FY24, followed by FPIs, who earned about ₹28,000 crore in gross profits. Individuals and others incurred a loss of over ₹61,000 crore in FY24. Algorithmic trading outfits made the most profits for FPIs and Proprietary traders. Ninety-seven per cent of profits of FPIs and 96 per cent of profits of Proprietary traders came from such entities in FY24.

What does this prove? Simply put, the market is completely biased against the individual. If the losses were better spread among small and large, manual and algo traders, then the regulatory challenge would have been different or even non-existent. Given that derivatives trading is a zero-sum game, the above simply means that one class of traders are taking away money from the other.

Given the context of the report and the data, the goal of the changes can be understood quite clearly. These changes include increased contract sizes, where the minimum trading amount for derivatives will rise to Rs 15 lakh. To address high volatility on expiry days, SEBI will implement an additional 2 per cent extreme loss margin (ELM) for all open short options on the day of expiry. Brokers must collect option premiums upfront, discouraging excessive intraday leverage among investors. To reduce speculative trading, calendar spreads for contracts expiring on the same day will be eliminated. Stock exchanges will begin intraday monitoring position limits for equity index derivatives, checking limits multiple times throughout the trading day. Finally, SEBI will reduce the weekly expiries for index derivative contracts to just one benchmark index per exchange.

Broadly, these changes aim to do three things: First, they discourage very small investors who do not have adequate funds from trading derivatives at all. Second, they sharply reduce leverage, which is a fancy way of saying that traders should be prevented from punting with borrowed money. Third, they reduce volatility and trading of certain kinds at excessively volatile periods like expiry days.
*Investment Opportunity comes so many Times*
@AlliesFin

*There were many reasons for (NOT) investing in Equities/ Mutual Funds in the past-*

* Gulf War
* Kuwait Invasion by Iraq
* Rajiv Gandhi Assasination
* Harshad Mehta Scam
* Bombay Bombings
* Barings bank collapses
* Vajpayee Government falls
* Pm Gowda resigns
* Asian Financial Crisis
* LTCM
* PM Gujral resigns
* Pokhran Nuclear test
* Russian Financial crisis – Ruble devaluation
* Ketan Parekh scam
* Terror attack in the US
* Gujarat Riots
* US Invasion of Iraq
* Madrid bombing
* Global market meltdown
* London subway bombing
* 26/11 Bombay
* US financial crisis
* Lehman Brothers' bankruptcy
* Satyam Scandal
* European debt crisis
* Trade deficit increase
* QE taper worry
* China yuan depreciation
* Fed hikes rate 1st time in 9 years
* China's economic slowdown
* Demonetization
* Syria bombing
* IL&FS default
* Saudi Aramco drone strike
* Brexit
* RERA
* GST
* LTCG tax imposed
* North Korean missile crisis
* RBI hikes rates
* Corona hits
* Nationwide lockdown
* Covid second wave
* India China tension
* Russia Ukraine Crisis
* Fed hikes rates by 75 bps, biggest since 1994
* War 2024

📉📈
T.ME/ALLIESFIN

BUT STILL YOU DID IT, CONSIDERING IT AS OPPORTUNITY, INVESTING AND DRIVING THROUGH PATIENCE.

PAT YOUR BACK AS PICTURE ABHI BAKI HAI...
👍1
@AlliesFin
In the Month of Oct’24 industry received
* Highest equity net sales: ₹ 59,362 crore

* Highest net sales in Oct’24 (Since Mar- 20) in the following 3 categories Gold ETFs : ₹1,961 crore

* Large Cap Funds: ₹3,452 cr
* Mid-Cap Funds: ₹4,683 cr

# Highest Monthly SIP Inflows ₹ 25,323 crore

#SIP Accounts: 10.12 crore

#The assets under management (AUM) of the industry rose by 0.2% sequentially and 21.7% on a three year period to ₹ 67.26 lakh crore in October 2024.

#Equity Gross Sales in Oct’ 24: ₹1,02,983 cr

#FYTD Gross Sales in equity : ₹6,89,535 cr (66% of which is Lumpsum, Ex NFO)

# Equity Net Sales in Oct” 24 ₹ 59,362 crore vs ₹ 49,766 crore in September

# Average monthly net inflows in the last 12 months is ₹ 40,880 crore

# Small cap funds received ₹3,772 crore vs ₹3,071 crore last month

# Sectoral funds saw a slight dip, receiving ₹12,279 cr in Oct’24 vs ₹13,255 crore in Sep’24

# Inflows in Other ETFs were at ₹13,442 crore as compared to ₹381 crore in Sep’24.

# Liquid Funds made a rebound in Oct’24 receiving net inflows of ₹1,09,647 crore vs net outflows of ₹92,029 crore in Sep’24.

# In this financial year across all categories total 124 NFOs were launched mobilising Rs 77,932 cr

For updates
t.me/AlliesFin

😊
Here's a comprehensive list of opening and closing times for various stock exchanges around the world: T.me/AlliesFin

Asian Stock Exchanges

1. Tokyo Stock Exchange (TSE): 9:00 AM - 3:00 PM JST (4:30 AM - 10:30 AM IST)
2. Shanghai Stock Exchange (SSE): 9:30 AM - 3:00 PM CST (7:00 AM - 12:30 PM IST)
3. Hong Kong Stock Exchange (HKEX): 9:30 AM - 4:00 PM HKT (7:00 AM - 1:30 PM IST)
4. Singapore Exchange (SGX): 9:00 AM - 5:00 PM SGT (6:30 AM - 2:30 PM IST)
5. Bombay Stock Exchange (BSE): 9:15 AM - 3:30 PM IST
6. National Stock Exchange (NSE): 9:15 AM - 3:30 PM IST

European Stock Exchanges

1. London Stock Exchange (LSE): 8:00 AM - 4:30 PM GMT (1:30 PM - 10:00 PM IST)
2. Euronext Paris: 9:00 AM - 5:30 PM CET (2:30 PM - 11:00 PM IST)
3. Deutsche Börse (XETRA): 9:00 AM - 5:30 PM CET (2:30 PM - 11:00 PM IST)
4. Swiss Exchange (SIX): 9:00 AM - 5:30 PM CET (2:30 PM - 11:00 PM IST)

American Stock Exchanges

1. New York Stock Exchange (NYSE): 9:30 AM - 4:00 PM ET (8:00 PM - 2:30 AM IST)
2. NASDAQ Stock Market: 9:30 AM - 4:00 PM ET (8:00 PM - 2:30 AM IST)
3. American Stock Exchange (AMEX): 9:30 AM - 4:00 PM ET (8:00 PM - 2:30 AM IST)

Australian Stock Exchange

1. Australian Securities Exchange (ASX): 10:00 AM - 4:00 PM AEST (5:30 AM - 11:30 AM IST)

Please note that these times are subject to change, and it's always best to check with the exchange or a reliable financial source for the most up-to-date information.
👍1
And while SEBI pointed at these violations, Brightcom had an explanation for everything. On fudging shareholding data, it claimed that the transfers were done legally and just part of corporate restructuring. On R&D costs, it insisted that it was simply following industry norms. And regarding intangible assets, it brushed it off as a timing issue for operational alignment.

But well, SEBI wasn’t having any of it and slammed them all with detailed explanations.

And that brings us to the question - What happens now?

Well, the company and its promoters are barred from the stock market and have been hit with penalties. However, many believe the penalties seem oddly light—the promoters allegedly misrepresented hundreds of crores and benefitted from it while facing just ₹34 crore in fines.

But as the order points out that the promoters are at more stringent penalty than the company itself…

Finally, in my view, Noticee No 1 (BGL) deserves comparatively lesser penalty and period of restraint for the reason that it is now largely owned by public shareholders who have borne the brunt of the fraud perpetrated by the promoter directors.
And it has also outlined for what might come next...

SEBI shall determine the quantum of illegal gains/ benefit made by way of the fraudulent scheme as established in this Order and action may be initiated in accordance with law.

As for retail investors stuck with Brightcom shares, the stock remains untradeable, and there's no telling if or when it will relist.

In response, BGL recently held an AGM and offered some vague assurances. As per the AGM minutes…

“The company’s legal team is reviewing the order in detail.” … “The company remains committed to transparency and will continue to provide regular updates as and when appropriate.” … “The exchanges will notify the company and shareholders as soon as they are ready. We will keep the community informed as soon as there is clear visibility on the relisting timeline.”

Uh oh. In short, it's asking investors to sit tight and hope for the best.

And there’s also a bigger issue at play here. You see, Brightcom was once a part of the Nifty Alpha 50 index. Meaning many mutual funds and ETFs had exposure to it. And as a result, this simply means that countless passive investors unknowingly held its shares through these funds.

Nevertheless, this story also is for anyone who isn’t a shareholder in the company.

Despite numerous warning signs, many investors held on, convincing themselves they had found an undervalued gem backed by big names. But when a stock is littered with fraud allegations, it pays to question every assumption before betting small or big.

And perhaps the biggest takeaway? If you ever find yourself thinking “Why am I so lucky to have found this once-in-a-lifetime opportunity?,” it’s worth considering that you might just be missing something.

For Brightcom investors and shareholders, that moment of realization came far too late.

Now, all they can do is wait, hoping the stock will trade again someday so they can finally cut their losses. And we can only hope that day comes sooner than later.

STAY TUNED FOR UPDATED
T.ME/AlliesFin
😊
Stay Calm, Stay Invested: The Market Rewards Patience @AlliesFin

The recent market correction may be unsettling, but history has consistently shown that strong fundamentals always prevail.

Instead of reacting emotionally, investors should focus on quality stocks and deploy capital strategically in phases.

Market Corrections Are Temporary; Growth is Permanent

India’s stock market has witnessed multiple downturns in the past:

1992 Harshad Mehta Crash – Triggered by a banking scam, but the market rebounded as regulations strengthened.

2000 Dotcom Bubble Burst – Overvaluation in tech stocks led to a collapse, but innovation eventually drove the IT sector to new highs.

2008 Lehman Brothers Crisis – A global financial meltdown, yet India emerged stronger with robust banking and financial reforms.

2015 Market Correction – A mix of global slowdowns and domestic factors, but growth stocks continued delivering value.

2020 COVID-19 Crash – One of the sharpest falls, yet the fastest recovery, proving India’s resilience.

Each time, the Indian market has not only recovered but emerged stronger, rewarding those who remained patient and invested wisely.

Why This Time is Different & Why Investors Should Stay Optimistic

1. No Major Domestic Crisis or Scam – Unlike previous corrections driven by frauds or financial crises, the current downturn is not due to any structural weakness in India.

2. Global Markets are at New Highs – Major indices in the US (S&P 500, Nasdaq) and Germany (DAX) are touching record highs. India’s current dip is an opportunity rather than a warning sign.

3. India Remains the Fastest-Growing Economy – With projected GDP growth of 6-7%, India is outperforming most global economies, ensuring long-term market potential.

4. Strong Corporate Earnings – Many Indian companies, particularly in sectors like banking, IT, infrastructure, and manufacturing, have reported robust earnings growth.

5. Domestic Investment is at an All-Time High – SIP inflows in mutual funds are at record levels, reflecting strong retail investor participation.

The Right Approach: Invest with Strategy, Not Emotion

Rather than trying to time the bottom, investors should:

Focus on fundamentally strong companies with consistent earnings and growth potential.
Invest in phases (SIP or staggered buying) to manage volatility.
Stay patient—market cycles are natural, and long-term investors have always been rewarded.

Corrections Create Opportunities

The market is not broken—it's just resetting valuations after a strong rally. India’s economic fundamentals remain intact, and long-term wealth is built by staying invested through cycles.

As Warren Buffett says: “The stock market is designed to transfer money from the active to the patient.”

Stay patient, stay invested, and let time work in your favor. T.me/AlliesFin
GIFT Nifty +105 pts (23200) from last trade 23095 , @AlliesFin


Nikkei -251 pts ,
Hangseng +213 pts ,


Dow +342.87 pts ,Nsdq +295.69 pts, S&P
+63.10 pts , Bovespa +469 pts , Ftse -42 pts , Dax +463 pts , Cac +121 pts , Crude @ $71.31 brl (+0.02), Brent @ $75.02 brl (-0.00) , Gold @ 2957.40 (+12.10), Silver $32.965 (+0.23), Euro @ $1.0461, JPY @ $152.79, INR @ 86.773




Today's Corporate Action
*14th Feb Ex Date*
T.me/AlliesFin

AARTIPHARM
Interim Dividend - Rs. - 2.5000
ADVANIHOTR
Interim Dividend - Rs. - 1.0000
AKCAPIT
Interim Dividend - Rs. - 12.0000
ALKEM
Interim Dividend - Rs. - 37.0000
APOLLOHOSP
Interim Dividend - Rs. - 9.0000
ASCENSIVE
Stock  Split From Rs.10/- to Rs.1/-
ASHUTPM
E.G.M.     
BANCOINDIA
Interim Dividend - Rs. - 11.0000
BDL
Interim Dividend - Rs. - 4.0000
BEML
Interim Dividend - Rs. - 5.0000
CUMMINSIND
Interim Dividend - Rs. - 18.0000
DHRUV
Interim Dividend - Rs. - 0.1000
EKI
Interim Dividend - Rs. - 2.0000
ENGINERSIN
Interim Dividend - Rs. - 2.0000
ESCORTS
Interim Dividend - Rs. - 10.0000
GOLDIAM
Interim Dividend - Rs. - 1.0000
GULFOILLUB
Interim Dividend - Rs. - 20.0000
KIRLFER
Interim Dividend - Rs. - 3.0000
MAJESAUT
Interim Dividend - Rs. - 5.0000
MOIL
Interim Dividend - Rs. - 4.0200
MRF
Interim Dividend - Rs. - 3.0000
MSTCLTD
Interim Dividend - Rs. - 32.0000
NATIONALUM
Interim Dividend - Rs. - 4.0000
NICCOPAR
Interim Dividend  
PIIND
Interim Dividend - Rs. - 6.0000
PREMIERENE
Interim Dividend - Rs. - 0.5000
RECLTD
Interim Dividend - Rs. - 4.3000
RFSL
Bonus issue 1:1  
SAREGAMA
Interim Dividend - Rs. - 4.5000
TANAA
Interim Dividend - Rs. - 1.5000
TARIL
Bonus issue 1:1  
 

 
Stock under F&O ban on NSE
*14-Feb-25*

1 MANAPPURAM
👍1
Hilarious Laws which you have not studied in school:

1. Law of Equality: The time taken by the wife, when she says I'll get ready in 5 minutes, is exactly equal to the time taken by husband when he says, "I'll call you in 5 minutes!"

2. Law of Queue: If you change queues, the one you have left will start to move faster than the one you were in

3. Law of Telephone: When you dial a wrong number, you never get a busy tone.

4. Law of Mechanical Repair: After your hands become coated with grease, your nose will begin to itch.

5. Law of the Workshop: Any tool, when dropped, will roll to the least accessible corner.

6. Bath Theorem: When the body is immersed in water, the telephone rings.

7. Law of Encounters: The probability of meeting someone you know increases when you are with someone you don't want to be seen with.

8. Law of the Result: When you try to prove to someone that a machine won't work, it will.

9. Law of Bio mechanics: The severity of the itch is inversely proportional to the reach.

10. Theatre Rule: People with the seats at the farthest from the entry arrive last.

11. Law of Coffee: As soon as you sit down for a cup of hot coffee, your boss will ask you to do something which will last until the coffee becomes cold.

12. Law of Proposal: After you accept a proposal, you will get a better one.

13. Law of getting late: When you reach early for something, it will never start on time.

14. Law of Exam: If you didn't read a page which is of least importance, first question will be from that page only.

For updates
https://t.me/AlliesFin

😊
@AlliesFin

Key commandments of Late RJ which we should always remember and follow:

1. Be an Optimist – Always believe in the growth of the economy and markets. Optimism is the cornerstone of successful investing.

2. Expect Realistic Returns – Don’t expect to get rich overnight. The stock market offers great returns, but only to those with patience.

3. Be Prepared for Volatility – Markets will fluctuate. Developing the emotional resilience to weather highs and lows is essential.

4. Don’t Be Driven by Emotions – Fear and greed are the biggest enemies of an investor. Stay rational and disciplined in your decisions.

5. Invest with a Long-Term Perspective – Wealth is built over time. Long-term commitment beats short-term speculation.

6. Do Your Own Research – Never invest based on tips or market chatter. Understand the businesses you are putting your money into.

7. Have Conviction in Your Investments – Once you've done your homework, trust your decisions and stay the course through noise and market cycles.

8. Always Keep a Margin of Safety – Buy stocks at valuations that provide a cushion against unforeseen risks.

9. Learn from Your Mistakes – Mistakes are inevitable. The key is to acknowledge them, learn, and not repeat them.

10. Give Back to Society – True wealth is not just in what you accumulate, but in what you contribute. Philanthropy should be an integral part of success.

Stay tuned for updates
https://t.me/AlliesFin

Jai Ho 🌟
*News Headlines from Business News Agencies :*

*Business Standard :*

📝 Realty firms record 59% pre-sales growth in Q1 FY26; earnings mixed

📝 JSW Sarbloh Motors forms JV with Tomcar USA to make ATVs locally in India

📝 Foreign investors slash India allocations in July, shift to China & Korea

📝 Plastic pipe makers to gain from anti-dumping
duty, demand revival

📝 IKS Health sees potential in US market as healthcare costs decline

📝 SAIL's Bhilai steel plant in Chhattisgarh hits key operational milestone

📝 Yakult sees India becoming one of its top 10 global markets in future

📝 Payments Council of India reappoints Patel, Srinivasu; Bansal joins team

📝 India leads APAC office demand with 70% share in H1 2025 leasing: Report

📝 NeoLiv to develop ₹150 cr residential project on 17.5 acres in MMR

📝 Sebi plans to improve tenure, maturity of equity products: Tuhin Pandey

📝 Retail inflation for farm, rural workers ease to 0.77 pc, 1.01 pc in July


*Economic Times :*

📝 India snaps up steeply discounted palm oil from Colombia and Guatemala

📝 Walmart hikes annual forecast as low price focus draws shoppers

📝 PayNearby plans to go public next year, says CEO

📝 Wipro to buy Harman Connected Services for $375 million

📝 Welcure Drugs & Pharma to set up agro-pharma lab for around Rs 80 crore

📝 Transrail bags T&D orders worth Rs 837 cr in domestic, international markets

📝 Jupiter International to set up Rs 10,900 crore solar plant in Nagpur

📝 India reduced carbon intensity by 7% between FY14-24: Shripad Naik

📝 KKR emerges as lead bidder for Nissan’s $610 million Yokohama HQ sale, source says

📝 Parle continues to be India's top FMCG brand at home, 13th time in a row: Report

📝 Apple to open its first retail store in Bengaluru on September 2


*Mint :*

📝 Govt raises ₹1.42 lakh cr via asset monetisation till FY25

📝 Kalpataru Ltd cuts net debt by 15 pc to ₹7,939 cr in June quarter

📝 EU cars, pharma imports into US to face 15% tariffs under new trade deal

📝 Turkey Set for Gas-Exploration Deal After Wooing Ex-Libya Foes

📝 NTPC pushes the pedal on diversification, but execution remains key

📝 Tata-owned Air India, Air India Express face combined loss of ₹9,568.4 crore

📝 GST rejig: GoM accepts Centre' proposal to scrap 12% and 28% slabs

📝 Baidu’s Sales Slide Most Since 2022 in Fierce Chinese AI Contest

📝 Critical Minerals Exploration Underway in Northeast India: Coal & Mines Minister

📝 Improvement in India-China ties will aid solar supply chain: Vikram Solar

📝 NCLAT rejects Central Bank plea opposing Neptune Developers resolution plan

T.me/AlliesFin