Monday, 30 September 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

30/9/2019
BSE:-155(38667)
NSE:-37(11474)
MID:-161(14104)
SML:-161(13170)
Fll|FPI:-469Cr
DlI:+504Cr
B.Crude : 61
Gold$:1505=INR:37462
Silver: 44765
Rs/$: 71.06
New 7.26 2029 G-Sec: 6.70
NSE PE: 26.44
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

#indiabullhsgfin dn 22% only
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@AlliesFin Serve T.ME/ALLiESFiN's Post

PROFIT BOOKING IN MARKETS.
LAST WEEK RISE AND PROFIT BKING WAS ON TECH PRESPECTIVES
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

Business Standard

Ø China to send its top trade negotiator to US for talks

Ø PMC's HDIL loan stands at Rs 6,500 crore

Ø IRCTC offers attractive prospects going forward

Ø JSPL to reduce debt by over Rs 10,000 crore

Ø Govt to set up working group on new industrial policy

Ø The RBI recommendation that PMC bank ignored





Ø Govt may seek Rs 30,000 crore interim dividend from RBI, says report

Ø Iran's petroleum industry on 'full alert' against attacks: Oil minister

Ø UP energy regulator slashes solar tariffs, approves bidding for 550 mw

Ø Saudi Arabia to invest $100 billion in India, eyes long-term partnership

Ø Privatisation plan of BPCL will need a prior nod of Parliament: Officials

Business Line





Mint

Ø Value of Indian brands rises 6% to $228.2 billion: BrandZ

Ø SIS India eyes ₹21,000-cr revenue in next five years

Ø Elgi opens new European headquarters in Belgium

Ø Govt plans to update national water policy: Jal Shakti Minister

Ø Mazagon Dock IPO shelved due to lack of demand for shipbuilding stock





Ø Adani group firms plan to raise $2 bn from dollar bonds

Ø PMO steps in to ease supply of credit for green energy firms

Ø China vows ‘two-way’ financial opening as trade talks near

Ø Govt is listening to the market: Samir Arora

Ø India set to lose major WTO dispute to the US

Financial Express





Deccan Chronicle

Ø BSNL-MTNL: Finance Ministry turns down DoTs Rs 74,000 crore revival package

Ø RBI may go for another rate cut on October 4: Experts

Ø Economic slowdown: Central PSUs vow to meet 2019-20 capex target





Ø DHFL lenders led by SBI expected to complete debt resolution plan quickly

Ø Telcos war: COAI hopes industry's IUC discussion will be reasonable, objective

Ø Sri Lanka faults India for setting pepper MIP high
By: via @AlliesFin Serve T.ME/ALLiESFiN

Saturday, 28 September 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

USA may shift atleast 200 companies from China to India . Announcement in today Hoody Dispora. If this happens atleast 1000 companies including Apple would be shifting to India as income tax reduced to 15% less than Singapore, Malaysia, China. Master stroke by Modi in case this happens.
By: via @AlliesFin Serve T.ME/ALLiESFiN

Friday, 27 September 2019

Thursday, 26 September 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

@alliesfin
Now the time has come for customers to ask BANKS for their KYC and Ratings
#alliesfin #banks #customers #kyc #possible .
#Funny but necessary
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@AlliesFin Serve T.ME/ALLiESFiN's Post

@ALLIESFIN

At the age of 57, John B. Goodenough invented the lithium battery which powers all our smart phones, tablets and laptops - as well as electric cars.

37 years later at the age of 94, John has unveiled a new, ultra-efficient, low cost battery which uses a sodium or lithium coated glass electrolyte. It will dwarf his original invention and make it redundant.

The new glass battery will allow electric cars to go three times the distance, and recharge in minutes instead of hours. It's also far safer as it won't explode and can operate in sub-zero temperatures.

The new glass battery will power our future solar powered and electric vehicles, homes and industries.

But John isn't finished yet. He still works every day as a Professor at the University of Texas.

John believes humanity has a 30 year window to come up with an even more powerful "super battery" to take us entirely off fossil fuels, before the environmental damage we are creating becomes irreversible, and says, "I want to solve this problem before my chips are in ..... I still have time to go."

So if you ever think it's too late to be successful, just remember John B. Goodenough.

https://news.utexas.edu/2017/02/28/goodenough-introduces-new-battery-technology

#ALLIESFIN #SUCCESS #PATIENCE #PAYS #BEYOU
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@AlliesFin Serve T.ME/ALLiESFiN's Post

#HDFCLIFE NEW 52 WK TOP
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@AlliesFin Serve T.ME/ALLiESFiN's Post

AGAIN PROFIT BOOKING POSSIBLE.
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@AlliesFin Serve T.ME/ALLiESFiN's Post

NIFTY +153
SENSEX +504
BANKNIFTY +900

Based on yesterday +ve developments
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@AlliesFin Serve T.ME/ALLiESFiN's Post

Business Standard

Ø US slaps news curbs on Chinese entities over Iran oil

Ø Essel gets more time from mutual funds to repay loan

Ø Take advantage of opportunity, invest in India: Modi

Ø 'Faster decisions by judiciary, banks will boost growth'

Ø ADB cuts India's GDP growth forecast to 6.5 pc for FY20

Ø Sebi floats tighter norms for defaults disclosure with rating agencies



Ø Emerging economies to continue to lead global growth: Euromonitor survey

Ø Sugar industry expects to bounce back after price rise, govt measures

Ø 25 richest Indians now have net worth equal to 10% of the country's GDP

Ø Global economic uncertainties dampen India's M&A activity in August

Ø NCLT directs Jet Airways lenders to disburse lifeline funds within 15 days

Business Line



Mint

Ø IRCTC IPO to open on September 30

Ø Oil companies withdraw 0.75 per cent cashback on fuel purchases

Ø Spicejet eyes over $10 billion deal with Airbus amid Boeing woes

Ø NTPC to set up 520 MW of hydro projects in Himachal Pradesh

Ø Lupin ropes in Jon Stelzmiller to head US speciality business



Ø Sachin Bansal acquires microlender CRIDS, marks entry into financial services

Ø GSK Pharma suspends sale of ranitidine on detection of carcinogen

Ø Sebi lays framework for startups to shift to main stock exchange after 1 year

Ø Listed companies asked to promptly disclose all details on default

Financial Express



Deccan Chronicle

Ø Remove Dividend Distribution Tax, promote investment: Direct Tax Code panel

Ø 14.24 lakh new jobs created in July, says ESIC payroll data

Ø Iraq urges Indian companies to participate in energy and infra projects: Envoy

Ø Trade deal off: Efforts on to end India-US impasse



Ø Sebi relaxes FPI norms; allows off-market transfer of securities

Ø Govt reconstitutes Economic Advisory Council under Bibek Debroy

Ø Sensex ends over 500 points lower; Nifty below 11,500

Ø Mukesh Ambani richest Indian with net worth of Rs 3,80,700 cr: Report
By: via @AlliesFin Serve T.ME/ALLiESFiN

Wednesday, 25 September 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

STARTING OCTOBER SERIES, ALL STOCK DERIVATIVES WILL BE SETTLED PHYSICALLY AS SEBI AIMS TO CURB SPECULATION AND VOLATILITY - BBG QUINT
confirm with your sources.
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@AlliesFin Serve T.ME/ALLiESFiN's Post

NIFTY DN 150 PTS ON PROFIT BOOKING.
BPCL AT INTRADAY TOP.
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@AlliesFin Serve T.ME/ALLiESFiN's Post

@ALLiESFiN

Govt looks to sell its entire holding in 5 cpse.
This could be another game changer...

#bpcl rumours already on media for privatisation

#market #observations #alliesfin
+ve developments.
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@AlliesFin Serve T.ME/ALLiESFiN's Post

#stocklending
#Slbm #Nov series:
Amaraja/Apollotyre @ 4,
Bandhanbank/cholafin @ 1,
Ibhsg @ 25.25,
Niitech @ 10,
Pvr @ 10,
Rblbank@ 2,
Tvsmotor@ 4.10
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@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times



Business Standard

Ø NPAs are giving banks a new cause for worry

Ø India turns to UAE for extra LPG as Saudi cuts supplies

Ø The inadvertent effect of India's $20 billion mega tax cut

Ø Labour Ministry notifies 8.65% interest rate on EPF

Ø NCLT allows RP 90 more days to finish RCom insolvency

Ø Infy, TCS, HDFC among Forbes best 'regarded' cos



Ø Coal shortage puts Rs 5 trn investment in power plants at risk: Official

Ø Govt will maintain borrowing plan, likely sell Rs 2.68 trn of bonds: Report

Ø Supreme Court resuscitates Amtek Auto, allows fresh bids for company

Ø GMR Infra, Reliance among 19 companies bidding to build Noida airport

Ø IDBI Bank puts Rs 9,750-crore non-performing loans on the block

Business Line



Mint

Ø Corporate tax stimulus might not lead to higher buybacks or dividends

Ø India must aspire to be top recipient of FDI: Ravi Shankar Prasad

Ø Lebanon’s geo-tech engineering firm ACTS acquires two Indian companies

Ø Pennar Ind to double its cold drawn welded tubes capacity

Ø DLF reworking strategy to increase food and beverages share to 18-20%



Ø RBI puts curbs on PMC Bank, customers panic

Ø Recycle, reuse policy to drive India’s plan to become resource efficient

Ø Lower corporate tax should fetch India higher investments: RBI’s Das

Ø India, US expected to sign interim trade agreement today

Ø JSW Steel raises $400 million in overseas debt

Financial Express



Deccan Chronicle

Ø India-US trade deal will help achieve bilateral trade target of $500 billion

Ø Textile bodies urges centre to come up with stimulus measures

Ø Leather sector exports can touch $9 billion by 2020

Ø As NPA resolution crawls, banks stare at spike in credit cost



Ø RIL's tax liability to fall by 4 percentage points: Morgan Stanley

Ø Steep jump in demand for basic motor insurance

Ø Rupee rises 22 paise against US dollar in early trade

Ø Wind energy can light up the entire world
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

*SGX Nifty -21 pts (11595) from last trade 11616 ,*


Nikkei -134 pts ,
Hangseng -118 pts ,
Now @6.52am .



Dow -142.22 pts ,Nsdq -118.83 pts , S&P -25.28 pts , Bovespa -762 pts , Ftse -34 pts , Dax -35 pts , Cac -2 pts , Crude @ $56.74 brl (-0.26), Brent @ $63.10 brl (+0.00) , Gold @ 1539.40 (-0.79), Silver @ $18.68 (+0.05), Euro @ $1.1012, JPY @ $107.17, INR @ 70.995





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



ADSDIAG
Dividend - Rs. - 0.9000
BASANTGL
Dividend - Rs. - 0.0500
HGS
Final Dividend - Rs. - 2.5000



*Today's Board Meetings*

Sep 25


Integra Engineering India Ltd, earnings for quarter ended June. 

Vibrant Global Capital Ltd , earnings for quarter ended June. 




 
*Today's Data Alert*



Sep 25   : Minister of State for Finance Thakur to address Gold Economic Forum. 1000 IST, New Delhi.


Sep 25   : ICRA to hold webinar on Indian banking sector. 1230 IST.


Sep 25-27: Globoil Summit: Commerce Minister Goyal, Indonesia Junior Farm Minister Machmud, LMC International Chairman Fry, Oil World Editor-In-Chief Mielke, among others to attend. Mumbai.


Sep 25   : Money supply as on Sep 13, by RBI.


Sep 25   : T-BILL AUCTION: RBI to auction 91-day T-bills worth 70 bln rupees, 182-day
T-bills worth 50 bln rupees and 364-day T-bills worth 40 bln rupees.
By: via @AlliesFin Serve T.ME/ALLiESFiN

Tuesday, 24 September 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

"The government has said they want to increase the share of manufacturing from 15% to 25% of the GDP. GDP today is around $2 trillion, 15% of that is $300 billion. Growing at 7-8%, very quickly for argument sake we get to $4 trillion. Now, 25% of $4 trillion is a trillion. You are looking at adding $700 billion of contribution to GDP from manufacturing. The capex requirement for that $700 billion is at least two times of that . So, you are looking at $1.5 trillion of capex that this country is going to be putting in in the next couple of years. Now there are not too many countries around the world that are doing this kind of thing. So it is an imperative for Indian companies to be able to get that technology to become globally competitive"

https://economictimes.indiatimes.com/markets/expert-view/we-cut-manufacturing-time-for-a-product-to-9-seconds-with-industry-4-0-sunil-mathur-siemens/articleshow/71276330.cms
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@AlliesFin Serve T.ME/ALLiESFiN's Post

24/9/2019
BSE:+7(39097)
NSE:-12(11588)
MID:-73(14480)
SML:+23(13588)
Fll|FPI:-828Cr
DlI:+472Cr
B.Crude : 63
Gold$:1521=INR:37895
Silver: 48060
Rs/$: 71.30
New 7.26 2029 G-Sec: 6.77
NSE PE: 28.52
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@AlliesFin Serve T.ME/ALLiESFiN's Post

Limited liability partnerships may lose sheen as new tax rates kick in https://www.business-standard.com/article/markets/limited-liability-partnerships-may-lose-sheen-as-new-tax-rates-kick-in-119092301473_1.html
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@AlliesFin Serve T.ME/ALLiESFiN's Post

#BANKNIFTY FUTURES -500
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@AlliesFin Serve T.ME/ALLiESFiN's Post

#Profit #Booking #Market #Obervations
https://t.me/AlliesFin/7745
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@AlliesFin Serve T.ME/ALLiESFiN's Post

Dow +14.92 pts ,Nsdq -5.21 pts , S&P -0.29 pts , Bovespa -179 pts , Ftse -11 pts , Dax -125 pts , Cac -60 pts , Crude @ $58.38 brl (-0.26), Brent @ $64.77 brl (+0.00) , Gold @ 1527.60 (-3.90), Silver @ $18.69 (-0.02), Euro @ $1.0994, JPY @ $107.58, INR @ 70.795





Today's Corporate Action
24th Sept Ex Date


AJMERA
Final Dividend - Rs. - 3.3000
ICRA
Dividend - Rs. - 30.0000
SAHLIBHFI
Final Dividend - Rs. - 1.2000
TEXRAIL
Right Issue of Equity Shares



Today's Board Meetings

Sep 24


Kaveri Seed Co Ltd, to consider proposal for buyback of equity shares.

L&T Finance Holdings Ltd, to conisder approve raising of funds.

Shree Ganesh Forgings Ltd, earnings for year ended March.




Today's Data Alert



Sep 24 : TERM REPO TENDER: 13-day variable rate term repo for 250 bln rupees. Bids to be submitted between 1100 and 1130 IST.


Sep 24 : 53rd annual general meeting of Federation of Indian Minerals Industries.
0930 IST, New Delhi.


Sep 24 : STATE LOAN AUCTION: 14 states to raise 193.50 bln rupees via bond sale.
By: via @AlliesFin Serve T.ME/ALLiESFiN

Monday, 23 September 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

The closing session in CM segment shall start at nse @ 15:45 hrs Today
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@AlliesFin Serve T.ME/ALLiESFiN's Post

BROADCAST ISSUES FROM NSE... rates\quotes\prices not refreshing on terminals
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@AlliesFin Serve T.ME/ALLiESFiN's Post

#NIFTY AND #BANKNIFTY Futures in Discount.

Seems Profit booking gng on... today\tomm...
#market #observations
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@AlliesFin Serve T.ME/ALLiESFiN's Post

@AlliesFin

#Nifty Spot top 11666
#Banknifty Spot top 30585

Just note this lvls.
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

@AlliesFin

Nifty Cmp 11547
For the immediate short term, reduce trading leverage positions and focus more on delivery based trades

#market #observations
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@AlliesFin Serve T.ME/ALLiESFiN's Post

e at huge advantage and hence this sector will become a blue eyed sector in INDIA.
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@AlliesFin Serve T.ME/ALLiESFiN's Post

FPI buying was just Rs 35 crs whereas DII bought Rs 3000 crs yesterday which is below normal then why did market perk so much...? As reported earlier that only after 2010 for the first time FPI were short in excess of 1 lac contracts of Nifty. And whenever this was seen in the past market has run big and effect were clearly seen for next 3 to 4 months. Yesterday's first cut was short covering by the FPI. Even before NIRMALA SITARMAN started to speak Sensex was up 700 points which could mean the tax proposal were leaked few minutes before FM spoke.

The delivery volumes in 14 frontline stocks on FRIDAY were as under...

HDFC ltd 65% 2,400 Cr
HDFC bank 46% 1,200 Cr
Kotak Bank 45% 490 Cr
Bajaj finance 25% 515 Cr
Bajaj finserv 21% 150 Cr
HDFC life 61% 300 Cr
HUL 60% 525 Cr
Asian Paints 47% 300 Cr
Marico 56% 52 Cr
Dabur 53% 125 Cr
Nestle 52% 198 Cr
Pidilite 52% 109 Cr
Titan 32% 300 Cr
Britannia 36% 140 Cr

The aggregate buying was Rs 6804 crs which is almost 120 pc higher than FPI DII buying. This also means the influence on market is also from some quarters which are neither DII nor FPI.

The PMEAC Chairman has today gone on record that the 5% GDP in Q1 is reflection of volatility. He says India is on 6.5 pc growth trajectory. Whatever is the reason I believe that Govt has much more data which we do not possess and the claim of the Govt 6 to 6.5% could see the light of the day.

Such bold measures ( 3rd Budget of the year ) cannot be prepared and announced within 76 days of the first Budget this could lead to logical conclusion that Mr Narendra Modi had prepared plans well in advance to bring India more competitive in the world. There is better understanding with TRUMP who had already asked the US companies to move out of CHINA and move elsewhere. If not CHINA THIALAND which cut tax rate to 17% could have been another alternative but Narendra Modi had different idea altogether.

May we Howdy Modi is ready to see joint announcement for INDIA as next investment destinations. Many US co's may announce plans to invest in INDIA with sizable size. This will be a plan to ignite manufacturing base and create employment in INDIA.

Now be prepared for big tax cuts for individuals through DTC before or Budget 2020. This is to bring the tax rate below the corporate tax rates to spur investments. Finally Govt is realising that GST is on revenue whereas Tax is on income hence even if some revenue is forgone this will offset in higher GST if economy turns.

Post 1991 this is single largest response from any Govt in INDIA. This Govt therefore proved that it possess power and guts to announce mega decisions and bold reforms. Kashmir ARTICLE 370, triple talaq and tax cuts will be always known for Narendra Modi in the history of Indian economy. Land reforms and labour reforms are expected very soon. This is must to induce the MNC to come to INDIA else these tax measures may not yield big results.

Therefore going by the stream of events, I believe the next 5 months will remain action packed for INDIA before next Budget. The only negative is slippage of fiscal deficit and experts project at 4 pc instead of 3.4 pc budgeted but I have reasons to believe that this Govt will contain it below 3.6 to 3.7 pc which is acceptable given the big tax cuts. Un long term the revival of economy, disinvestment plan could try to match the shortfalls and the market borrowing may not be that bad sabotaged as expected by the bond market.

The EPS upgrade is estimated by almost 18% across the board and with the consolidated Nifty PE has jumped from 18 to 19 in just 1 day. However with the news EPS growth the 19 PE is fairly underpriced and first target of Nifty resurfaces to 13000 ( 22 PE ) and as expected by PMEAC if GDP bounce back to even 6 pc in Q2 Q3 market will be on fire for short covering as well fresh buying. MIDCAPS and SMALLCAPS will become potential multi baggers.

In CHEMICAL and API sectors 80 pc capacities are getting shut in CHINA and many have started move out. Many may come to INDIA very fast. The existing players in INDIA will b
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times



Business Standard

Ø Blackstone REIT’s success lures global funds to India

Ø No plans to revise fiscal deficit target: Sitharaman

Ø SBI to roll out co-lending model with 4-5 NBFCs

Ø Committed to meet India's energy needs: Saudi envoy

Ø Default rating puts RCap's $5 bn debt at risk

Ø Scooters India strategic sale on hold amid auto slump

Ø Petronet signs $ 2.5 bn deal for stake in US LNG plant



Ø Top 1,000 listed firms may see tax savings of Rs 37k cr on tax cut: Crisil

Ø PM Modi meets energy sector CEOs in US, discusses investment opportunities

Ø 361 infra projects show cost overruns of over Rs 3.77 trillion, says report

Ø Reliance Capital protests after rating agency downgrades debt to 'default'

Ø Hero MotoCorp might see reduction in earlier-projected capex of Rs 1,500 cr

Business Line



Mint

Ø Tax cut a big boost for foreign firms to invest in India: FM

Ø India’s coal import declines about 4% to 19 mn tonnes in July

Ø Petrol price soars ₹1.59/ltr, diesel ₹1.31/ltr after Saudi Arabia attacks

Ø Oil and gas sector expects 5% GST to favour hydrocarbon exploration

Ø Cipla announces closure of USFDA inspection at Bengaluru facility

Ø Dr Reddy’s halts worldwide supply of Ranitidine



Ø Govt working on measures to make steel sector 'globally competitive'

Ø Altico says evaluating options after default

Ø Big Oil’s future may rest on climate debate over natural gas

Ø HKEX said to rope in UBS, other banks to court LSE investors

Ø Big Oil’s future may rest on climate debate over natural gas

Ø Cipla announces closure of USFDA inspection at Bengaluru facility

Financial Express



Deccan Chronicle

Ø US likely to escalate trade war with China if no deal is agreed soon

Ø WTO dispute over India’s tariffs on ICT goods: US seeks setting by up of dispute panel

Ø Government to make changes in rules of trade remedies to make them more effective

Ø Thomas Cook nears collapse as travel giant relying on unlikely govt bailout



Ø Non-life insurers register 17 pc rise in Aug new premium income at Rs 15,964 cr

Ø FPIs withdraw Rs 4,193 cr from capital markets in Sept so far

Ø Sugar industry set to start exports to China, Iran

Ø SFIO challenges NCLT probe orders

Ø Banking, FMCG to benefit from corp tax cut; pharma, IT to remain untouched: Report
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

*Market Update :*

*SGX Nifty +115 pts*
Dow -159.72 pts ,Nsdq -65.20 pts , S&P -14.72 pts , Bovespa +478 pts , Ftse -11 pts , Dax +10 pts , Cac +31 pts , Nikkei Clsd , Crude @ $58.70 brl (+0.61), Brent @ $64.89 brl (+0.30) , Gold @ 1521.65 (+6.55), Silver @ $18.047 (+0.19), Euro @ $1.1019, JPY @ $107.64, INR @ 71.075


*US GOVT. 10-YEAR YIELD : 1.72%*


*Today's Corporate Action, 23rd Sept Ex Date :*

ASHOKALC
Final Dividend - Rs. - 1.0000
BEARDSELL
Final Dividend - Rs. - 0.2400
IVC
Final Dividend - Rs. - 0.3000
MEHAI
Final Dividend - Rs. - 0.0500


*Today's Board Meetings, Sep 23rd :*

A & M Febcon Ltd, to consider bonus equity shares.

Ador Fontech Ltd, to consider allotment of bonus shares.

Minda Finance Ltd, to consider voluntary delisting of securities of the co.
 

*Today's Data Alert :*

Sep 23   : Federation of Indian Minerals Industries to address the media. 1230 IST, New Delhi.

Sep 23   : Press conference for launch of new KTM Motorcycle by Bajaj Auto; Probiking President Narang to be present.  1130 IST, Mumbai.
By: via @AlliesFin Serve T.ME/ALLiESFiN

Saturday, 21 September 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

INDIA will be at huge advantage and hence this sector will become a blue eyed sector in INDIA.
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

@AlliesFin

FPI buying was just Rs 35 crs whereas DII bought Rs 3000 crs yesterday which is below normal then why did market perk so much...? As reported earlier that only after 2010 for the first time FPI were short in excess of 1 lac contracts of Nifty. And whenever this was seen in the past market has run big and effect were clearly seen for next 3 to 4 months. Yesterday's first cut was short covering by the FPI. Even before NIRMALA SITARMAN started to speak Sensex was up 700 points which could mean the tax proposal were leaked few minutes before FM spoke.

The delivery volumes in 14 frontline stocks on FRIDAY were as under...

HDFC ltd 65% 2,400 Cr
HDFC bank 46% 1,200 Cr
Kotak Bank 45% 490 Cr
Bajaj finance 25% 515 Cr
Bajaj finserv 21% 150 Cr
HDFC life 61% 300 Cr
HUL 60% 525 Cr
Asian Paints 47% 300 Cr
Marico 56% 52 Cr
Dabur 53% 125 Cr
Nestle 52% 198 Cr
Pidilite 52% 109 Cr
Titan 32% 300 Cr
Britannia 36% 140 Cr

The aggregate buying was Rs 6804 crs which is almost 120 pc higher than FPI DII buying. This also means the influence on market is also from some quarters which are neither DII nor FPI.

The PMEAC Chairman has today gone on record that the 5% GDP in Q1 is reflection of volatility. He says India is on 6.5 pc growth trajectory. Whatever is the reason I believe that Govt has much more data which we do not possess and the claim of the Govt 6 to 6.5% could see the light of the day.

Such bold measures ( 3rd Budget of the year ) cannot be prepared and announced within 76 days of the first Budget this could lead to logical conclusion that Mr Narendra Modi had prepared plans well in advance to bring India more competitive in the world. There is better understanding with TRUMP who had already asked the US companies to move out of CHINA and move elsewhere. If not CHINA THIALAND which cut tax rate to 17% could have been another alternative but Narendra Modi had different idea altogether.

May we Howdy Modi is ready to see joint announcement for INDIA as next investment destinations. Many US co's may announce plans to invest in INDIA with sizable size. This will be a plan to ignite manufacturing base and create employment in INDIA.

Now be prepared for big tax cuts for individuals through DTC before or Budget 2020. This is to bring the tax rate below the corporate tax rates to spur investments. Finally Govt is realising that GST is on revenue whereas Tax is on income hence even if some revenue is forgone this will offset in higher GST if economy turns.

Post 1991 this is single largest response from any Govt in INDIA. This Govt therefore proved that it possess power and guts to announce mega decisions and bold reforms. Kashmir ARTICLE 370, triple talaq and tax cuts will be always known for Narendra Modi in the history of Indian economy. Land reforms and labour reforms are expected very soon. This is must to induce the MNC to come to INDIA else these tax measures may not yield big results.

Therefore going by the stream of events, I believe the next 5 months will remain action packed for INDIA before next Budget. The only negative is slippage of fiscal deficit and experts project at 4 pc instead of 3.4 pc budgeted but I have reasons to believe that this Govt will contain it below 3.6 to 3.7 pc which is acceptable given the big tax cuts. Un long term the revival of economy, disinvestment plan could try to match the shortfalls and the market borrowing may not be that bad sabotaged as expected by the bond market.

The EPS upgrade is estimated by almost 18% across the board and with the consolidated Nifty PE has jumped from 18 to 19 in just 1 day. However with the news EPS growth the 19 PE is fairly underpriced and first target of Nifty resurfaces to 13000 ( 22 PE ) and as expected by PMEAC if GDP bounce back to even 6 pc in Q2 Q3 market will be on fire for short covering as well fresh buying. MIDCAPS and SMALLCAPS will become potential multi baggers.

In CHEMICAL and API sectors 80 pc capacities are getting shut in CHINA and many have started move out. Many may come to INDIA very fast. The existing players in
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*GST Council Meeting Outcome-*

1. Hotel Tariffs Rs. 7,500 and above GST at 18%.

2. Hotel Tariffs Rs. 1,000 upto 7,500 GST at 12%.

3. Hotel Tariffs below Rs. 1,000 GST at Nil rate.

4. Outside Catering GST rate reduced at 5%.

5. Diamond Job-work GST rate reduced at 1.5% and Other Job-work GST rate reduced to 12% from 18%.

6. Council amended rules regarding Refund by Appellate Authority.

7. Council amended rules regarding GST Practitioners and Consumer Welfare Fund.

8. Cups/Plates made from Flowers leaves GST rate Nil from 5%.

9. GST Annual Returns GSTR-9, 9A Optional for those with turnover upto 2cr for FY 17-18 & 18-19.

10. Those with turnover above 2cr to still file GSTR9.

11. No relief in case of GSTR-9C as it’s applicable only where turnover exceeds 2cr.

12. GSTR-9 also to be made “Saral”.
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Friday, 20 September 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

#SENESEX +2007
#BANKNIFTY +2250 ABV 29000
#NIFTY 11300 + 595
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#SENSEX 3 8 0 0 0 +1 9 0 8
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लोग 5% GDP पर मंदी कि बात कर रहे थे
आज लोगोने 5% कि उच्छाल मे तेजी देखली
#SayitlikeNirmala #kuchtologkahenge #logokakaamhaikehna
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@ALLIESFIN

*INDIA FINANCE MINISTER: LOWER TAX RATES WILL WIDEN BASKET
*INDIA FINANCE MINISTER: WANT MORE INVESTMENTS IN MAKE IN INDIA, ECONOMY WILL GIVE US MORE REVENUE
*INDIA FINANCE MINISTER: TOTAL REVENUE FORGONE FROM FROM TAX CUT SEEN AT INR1.45 TLN PER YEAR
*INDIA FINANCE MINISTER: TAX ON BUYBACK OF SHARES TO NOT APPLY FOR COMPANIES THAT ANNOUNCED IT BEFORE JUL 5
*INDIA FINANCE MINISTER: TO NOT CHARGE TAX ON BUYBACK OF SHARES FOR SOME COMPANIES
*INDIA FINANCE MINISTER: ENHANCED SURCHARGE TO NOT APPLY ON FPI CAPITAL GAINS FROM SALE OF SECURITIES
*INDIA FINANCE MINISTER: ENHANCED SURCHARGE ROLLBACK TO HELP FLOWS
*INDIA FINANCE MINISTER: ENHANCED SURCHARGE TO NOT APPLY ON CAPITAL GAINS ARISING ON SALE OF EQUITY
*INDIA FINANCE MINISTER: TO NOT CHARGE TAX ON BUYBACK OF SHARES FOR SOME COMPANIES
*INDIA FINANCE MINISTER: ENHANCED SURCHARGE TO NOT APPLY ON FPI CAPITAL GAINS FROM SALE OF SECURITIES
*INDIA FINANCE MINISTER: CUT MINIMUM ALTERNATE TAX FOR COMPANIES THAT CONTINUE TO AVAIL EXEMPTIONS TO 15%
*INDIA FINANCE MINISTER: COMPANIES THAT DON'T OPT FOR NEW TAX REGIME SHALL CONTINUE TO PAY TAX AT CURRENT RATES
*INDIA FINANCE MINISTER: COMPANIES CANNOT MOVE BACK TO OLD TAX REGIME AFTER OPTING FOR NEW ONE
*INDIA FINANCE MINISTER: COMPANIES CAN MOVE TO NEW TAX REGIME AFTER TAX HOLIDAYS, EXEMPTION PERIOD IS OVER
*INDIA FINANCE MINISTER: EFFECTIVE TAX RATE FOR NEW MANUFACTURING COMPANIES WILL BE 17.01%
*INDIA FINANCE MINISTER: NEW DOMESTIC MANUFACTURING COMPANIES THAT PAY TAX AT 15% CANNOT SEEK ANY EXEMPTIONS
*INDIA FINANCE MINISTER: DOMESTIC MANUFACTURING COMPANY INCORPORATED ON OR AFTER OCT 1 TO PAY TAX OF 15%
*INDIA FINANCE MINISTER: COMPANIES CAN PAY INCOME TAX AT 25.17% INCLUSIVE OF ALL SURCHARGES, CESS

#FM #CORPORATE #NAYABHARAT
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Here are some of the key announcements:

Govt proposes to slash corporate tax rate for domestic tax rate

Ordinance regarding this has already been passed

Corporate tax rate to be 22% without exemptions

Effective tax rate to be after surcharge to be 25.17%

Enhanced surcharge announced in Budget shall not apply on capital gains arising on sale of any securities including derivatives in the hands of foreign portfolio investors
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@AlliesFin Serve T.ME/ALLiESFiN's Post

#BIGGEST SINGLE DAY #GAINS IN 10 #YEARS
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#SENSEX & #BANKNIFTY +1890

RAM RAM SITARAM
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#NIFTY & #NIFTYFUTURES
+555 PTS
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BOOK PROFITS FOR INTRADAY.

NXT MOVE ABV 11211 CLOSING ONLY.
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#SENSEX + 1 5 1 5
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1 1 1 8 8
#NIFTY
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#ALLIESFIN NIFTY +450
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NIFTY + 360 IN JST ONE DAY.
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#SENSEX +1200 PTS UP
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@AlliesFin Serve T.ME/ALLiESFiN's Post

#BANKNIFTY +1000
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@AlliesFin Serve T.ME/ALLiESFiN's Post

#SENSEX +1100
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@AlliesFin Serve T.ME/ALLiESFiN's Post

#NIFTY +300
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HIGHLY +VE FOR WIPRO,
BUY BACK ANNOUNCED BEFORE JULY 5 WILL NOT BE TAXED WITH BUYBACK TAX.
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NIFTY UP 200 PTS IN JST 15 MINS.
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https://telegra.ph/The-Financial-Fund-Thumb-Rules-09-20
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6th National Forum of Public Affairs Forum of India. 0930 IST, New Delhi.


*Today's Global Data :*

Sep 20: Japan consumer price-index data for Aug; 0500 IST

Sep 20: Bank of England bulletin for quarter ending Sep; 1630 IST

Sep 20: EU FCCI flash consumer confidence indicator consumer confidence index; 1930 IST

Sep 20: US regional & state employment & unemployment data for Aug; 1930 IST

Sep 20: US President Donald Trump welcomes Australian Prime Minister Scott Morrison on official visit to the White House
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*Market Update :*

Sgx Nifty +12 pts
Dow -52.29 pts ,Nsdq +5.49 pts , S&P +0.06 pts , Bovespa -192 pts , Ftse +42 pts , Dax +68 pts , Cac +38 pts , Nikkei +97 Pts Now , Crude @ $58.90 brl (+0.77), Brent @ $64.40 brl (+0.00) , Gold @ 1506.60 (+0.40), Silver @ $17.865 (-0.01), Euro @ $1.1043, JPY @ $108.04, INR @ 71.37


*US GOVT. 10-YEAR YIELD : 1.78%*


*Today's Corporate Action, 20th Sept Ex Date :*


AEL
Final Dividend - Rs. - 0.1500
AGARIND
Dividend - Rs. - 1.8000
AKSCHEM
Final Dividend - Rs. - 3.5000
AMARJOTHI
Dividend - Rs. - 2.0000
AMRITCORP
Dividend - Rs. - 7.0000
ANANTRAJ
Final Dividend - Rs. - 0.2400
ARL
Dividend - Rs. - 0.5000
ASIANTILES
Final Dividend - Rs. - 0.6000
ATULAUTO
Final Dividend - Rs. - 1.2500
BALFC
Final Dividend - Rs. - 1.0000
CAPITALT
Dividend - Rs. - 0.5000
CILSEC
Dividend - Rs. - 0.5000
CMI
Dividend - Rs. - 1.0000
COSYN
Dividend - Rs. - 0.5000
CSLFINANCE
Dividend - Rs. - 2.0000
DAAWAT
Final Dividend - Rs. - 0.1500
ENERGYDEV
Dividend - Rs. - 0.5000
FRONTSP
Dividend - Rs. - 1.0000
GENCON
Final Dividend - Rs. - 0.0500
GMDCLTD
Dividend - Rs. - 2.0000
GROVY
Final Dividend - Rs. - 0.1000
GUFICBIO
Final Dividend - Rs. - 0.0500
HITECHCORP
Dividend - Rs. - 0.9000
IFSL
Final Dividend - Rs. - 0.9000
INANI
Dividend - Rs. - 0.0400
INNOVTEC
Final Dividend - Rs. - 0.1500
INTENTECH
Final Dividend - Rs. - 0.2000
JAGSNPHARM
Final Dividend - Rs. - 0.2500
JAICORPLTD
Dividend - Rs. - 0.5000
KEMP
Final Dividend - Rs. - 0.5000
KILITCH
Final Dividend - Rs. - 0.5000
KNRCON
Final Dividend - Rs. - 0.4000
MADHAV
Dividend - Rs. - 0.2500
MOLDTEK
Final Dividend - Rs. - 0.6000
MOLDTKPAC
Final Dividend - Rs. - 2.0000
MULTIIN
Dividend - Rs. - 0.2000
NILE
Final Dividend - Rs. - 1.0000
NITINCAST
Dividend - Rs. - 0.5000
PARAGMILK
Final Dividend - Rs. - 1.0000
PBMPOLY
Dividend - Rs. - 0.6000
PERVASIVE
Dividend - Rs. - 0.1000
PFS
Final Dividend - Rs. - 0.8000
PNCINFRA
Final Dividend - Rs. - 0.5000
PODDAR
Final Dividend - Rs. - 1.5000
PPL
Dividend - Rs. - 1.2000
PRITIKAUTO
Final Dividend - Rs. - 0.5000
PROFINC
Final Dividend - Rs. - 0.1000
PTC
Final Dividend - Rs. - 4.0000
RAJESHEXPO
Dividend - Rs. - 1.0000
RICOAUTO
Final Dividend - Rs. - 0.4000
RISHDIGA
Final Dividend - Rs. - 2.0000
SANTOSHIND
Dividend - Rs. - 1.0000
SATIA
Final Dividend - Rs. - 1.5000
SHASHIJIT
Final Dividend - Rs. - 0.0500
SHIVALIK
Final Dividend - Rs. - 0.5000
SIGNETIND
Final Dividend - Rs. - 0.5000
SRHHYPOLTD
Final Dividend - Rs. - 2.0000
SSWL
Final Dividend - Rs. - 4.0000
SUDTIND-B
20 Sep 2019
Dividend - Rs. - 0.2000
SUJALA
Final Dividend - Rs. - 0.1000
SUNTECK
Final Dividend - Rs. - 1.5000
TALBROSENG
Dividend - Rs. - 1.5000
TANLA
Final Dividend - Rs. - 0.3500
TYCHE
Final Dividend - Rs. - 0.5000
UNIPLY
Final Dividend - Rs. - 0.2400
VALSONQ
Final Dividend - Rs. - 1.0000
VEDAVAAG
Final Dividend - Rs. - 1.0000
VELJAN
Dividend - Rs. - 10.0000
VIPULORG
Dividend - Rs. - 0.8000
VIVIDIND
Dividend - Rs. - 0.5000



*Today's Board Meetings, Sep 20 :*
 

Future Supply Chain Solutions Ltd, to consider raising of funds.

Goodluck India Ltd , Issue and allotment of warrants, convertible into Equity shares on preferential issue basis.

 
*Today's Data Alert :*


Sep 20   : CPI for rural and farm labourers for August, by Labour Bureau.

Sep 20   : Finance Minister Sitharaman to chair the 37th GST Council meeting. Goa.

Sep 20   : TERM REPO TENDER: 14-day variable rate term repo for 250 bln rupees.
Bids to be submitted between 1100 and 1130 IST.

Sep 20   : BOND AUCTION: RBI to auction 30 bln rupees of 6.17%, 2021 bond, 30 bln rupees of 7.27%, 2026 bond, 50 bln rupees of FRB 2031, 20 bln rupees of 7.62%, 2039
bond and 40 bln rupees of 7.63%, 2059 bond.

Sep 20   : WMA and foreign exchange reserves as on Sep 13, by RBI.

Sep 20   : RBI Governor Das, Road Transport Minister Gadkari, and Commerce Minister Goyal, among others, to attend India Today conclave. 1000 IST, Mumbai.

Sep 20   : Minister of State for Civil Aviation Puri, Economic Affairs Secy Chakraborty, NITI Aayog VC Kumar, Telecom Secretary Prakash, IT Secretary Sawhney, Hero  Enterprises Chairman Munjal to attend
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Economic Times
 
Business Standard

Ø  Oil crisis to have limited impact on inflation: RBI Guv
Ø  Banks won't declare NPA for MSME loans till Mar: FM 
Ø  Trai floats paper to simplify, speed up M&A approvals
Ø  Coming up: Rs 20k-cr fund for non-NPA housing projects
Ø  Rana Kapoor sells 2.3% stake in YES Bank
Ø  Telecom body approves Rs 8,588 crore infra projects

Ø  JSW Steel promoters release pledged shares worth Rs 1,150 crore
 
Ø  Bank stake sales in mutual fund, insurance subsidiaries hit a wall
Ø  RCom resolution professional seeks status quo on spectrum licences
Ø  Lenders approve Rs 5071 crore debt restructuring plan of three IL&FS firms
Ø  Aluminium producers likely to see pressure on profits, says NALCO chief
Ø  Reliance Jio has widest 4G network, Airtel's network grows 3-fold: Trai
Business Line
 
Mint
Ø  Tata Motors rolls out new EV powertrain tech
Ø  Apollo Hospitals in pact with US firm to launch healthcare drones
Ø  Modi to attend two round tables with CEOs of US companies
Ø  Mukesh Ambani’s shareholding has not increased in company, says Reliance
Ø  No economic crisis in India, govt taking steps to make it stronger: Javadekar
 
Ø  Sitharaman may announce more measures on Friday to support economy
Ø  Wipro Consumer Care and Lighting sets up venture fund to invest in startups
Ø  RBI caps term for banks' concurrent auditor at three years
Ø  Banks to hold public meets with NBFCs until 15 Oct in 400 districts: Sitharaman
Ø  Coal mine allottees must do their bit to start output: Secy
Financial Express
 
Deccan Chronicle
Ø  Factory investment at 3-year low of Rs 3.31 lakh cr in 2017-18: Survey
Ø  Global steel industry facing surplus production, says Union minister Dharmendra Pradhan
Ø  CBDT member hints at lower tax rates in direct tax code regime
Ø  Essel Group seeks time till March 2020 from mutual funds to clear dues
 
Ø  Rupee slips 10 paise to 71.34 against USD
Ø  Maruti Suzuki crosses 10-lakh-exports milestone from Mundra Port
Ø  Parliament nod on pesticide and seed bills likely next session: MoS Agri
Ø  Carcinogen scare sets off global race to contain ranitidine
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Thursday, 19 September 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

19/9/2019
BSE:-470(36093)
NSE:-135(10704)
MID:-153(13285)
SML:-190(12703)
Fll|FPI:-892Cr
DlI:+645Cr
B.Crude : 64
Gold$:1500=INR:37662
Silver: 46402
Rs/$: 71.65
New 7.26 2029 G-Sec: 6.63
NSE PE: 26.32
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@ALLiESFiN

#NiFTY #OBSERVATiONS

10750 utmost pessimism near this level.
With weekly expiry today,
a small bounce from this levels quite possible to keep the momemtum on.
10800 #support is breached on intraday basis, closing below this could be critical.

Watch out #Largecaps for Quick Moves.
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Economic Times
 
Business Standard

Ø  Fed cuts rates by 25 bps, gives mixed signals
Ø  Govt doing everything to bring high growth: Kant
Ø  FDI norms in coal mining, single-brand retail relaxed
Ø  Nalco declares record Rs 1,073 cr dividend for FY19
Ø  RBI plans to structure loan rates of NBFCs, HFCs
Ø  Trump orders more Iran curbs, Saudi shows evidence
Ø  Jio adds 85.39 lakh users, rivals lose 60 lakh: TRAI
Ø  Govt plans to give Rs 10L-cr EPFO corpus to a body

 
Ø  NTPC contains tariff rise with fall in coal imports, power blending
Ø  Govt bans e-cigarettes amid global concern over health risks
Ø  RBI decision to cut risk weights for retail loans credit negative: Moody's
Ø  Icra sees FY20 steel demand growth shrinking to 5-6% from 7.9% in FY19
Ø  NCLAT asks RCom's RP to approach NCLT for refund of Rs 577 cr from Ericsson
Business Line
 
Mint
Ø  Chinese cheer for Indian cancer-drug manufacturers
Ø  India’s steel consumption growth likely to slow to 6 per cent: ICRA
Ø  Government scraps import duty on open cell LED TV panels
Ø  NTPC to build 5GW solar park in Gujarat
Ø  SRF shuts technical textiles plant in Thailand
Ø  Essar to double CBM gas production to 1 mmscmd
 
Ø  Strategic sale of BEML, NMDC unit accelerates
Ø  Electricity discoms owe ₹74,710 crore to gencos
Ø  Amazon partners with Western Union to allow purchases in cash
Ø  Government open to sell part of Air India to foreign airline: Report
Ø  Bankers can now take decision without fear; CVC sets up panel to examine fraud
Financial Express
 
Deccan Chronicle
Ø  After banks, RBI plans to structure loan rates of NBFCs, HFCs
Ø  London overtakes Mumbai in rupee trading
Ø  Tax collection misses target by a wide margin; inches up 4.7%
Ø  44 lawmakers urge Trump administration to reinstate GSP for India
 
Ø  Rupee stems losses, rallies 54 paise to 71.24 vs USD on easing oil prices
Ø  Coffee Day sells tech park for Rs 2,700 cr to Blackstone to reduce debt
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Wednesday, 18 September 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

*BREAKING: Fed cuts interest rates 25bps but does not sound in a hurry for more cuts*

*-Only 7 of the 17 Fed leaders predict another rate cut this year*
*-5 predict rates will stay same. 5 predict an increase.*

*-Statement says Fed will "act as appropriate" to keep economy growing*
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https://www.bbc.com/news/world-asia-india-49738381#share-tools
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18/9/2019
BSE:+82(36563)
NSE:+23(10840)
MID:+52(13439)
SML:+38(12894)
Fll|FPI:-959Cr
DlI:+780Cr
B.Crude : 64
Gold$:1501=INR:37781
Silver: 46645
Rs/$: 71.60
New 7.26 2029 G-Sec: 6.62
NSE PE: 26.66
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#STOCKLENDING offers avilable for

#ibulhsgfin
#apollotyre
#idfcfirstbank
#justdial
#pageinds

& many more stocks.
for more details contact dealers desk
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Businesses find Telegram a fast route to users - https://tech.economictimes.indiatimes.com/news/internet/why-more-businesses-are-now-joining-telegram/71170395


Today's Economic Times accepted that Telegram is the Best for Business
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*Business Standard :*


Ø 3 yr lock-in period on NRI's bond investments waived

Ø Mutual Fund units held by non-residents decline

Ø Discom sector needs drastic reforms: Power secy

Ø Sitharaman to announce another booster dose this week

Ø Saudi attack: India may raise oil imports from Russia

Ø Cos drag govt to court over GST on land lease pacts

Ø CG Power case: Sebi bans Gautam Thapar, 3 others from mkts; orders forensic audit

Ø FDI in coal mining requires better pricing, logistics and regulation

Ø Sebi seeks RBI help to attract corporate participation on comexes

Ø Sebi seeks RBI help to attract corporate participation on comexes

Ø Srei Infra moves regulators for buyback of NCDs from retail investors

Ø Coffee Day inks deal with Blackstone to sell Global Village for Rs 2,700 cr

Business Line



*Mint :*


Ø SAIL allowed to offload 25% of iron ore output

Ø Trade interests, not diplomacy, will decide the RCEP pact, says Jaishankar

Ø Over 6 crore EPFO subscribers to get 8.65% interest for 2018-19: Gangwar

Ø AIAHL to issue bonds worth Rs 15,000 crore in September

Ø Adani Power arm gets nod to charge Rajasthan discoms higher coal cost

Ø Oil prices sink 5% as quick Saudi output recovery seen

Ø IL&FS group firms to sell 494 acres land to pare debt

Ø Indian equity, hybrid MFs have highest expense ratios in the world: Morningstar

Ø Saudi oil output to recover in two or three weeks after attack

Ø Meddo raises $3 million in pre-Series A funding led by SRI Capital

Financial Express


*Deccan Chronicle :*


Ø Srei seeks Sebi, RBI nod to buy back NCDs from retail investors

Ø Icra revises outlook on auto component sector to ‘negative’

Ø Tata Power arm to exit South African JV Cennergi for $106 million

Ø $45 billion at stake: Global investors unwinding as Narendra Modi euphoria wanes

Ø Sensex crashes 642 points as crude oil woes persist

Ø Investor wealth plummets Rs 2.72 lakh crore in two days of market fall

Ø Rupee furthers loss by 18 paise as crude worries hurt sentiment

Ø Emerging economies like India more vulnerable to big oil price moves: Report
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@AlliesFin Serve T.ME/ALLiESFiN's Post

*Market Update :*

*SGX Nifty +43 pts*
Dow +33.98 pts ,Nsdq +32.47 pts , S&P +7.74 pts , Bovespa +936 pts , Ftse -1 pts , Dax -7 pts , Cac +13 pts , Nikkei +7 Pts Now , Crude @ $58.86 brl (-0.00), Brent @ $64.55 brl (+0.00) , Gold @ 1509.20 (-4.20), Silver @ $18.095 (-0.04), Euro @ $1.1073, JPY @ $108.09, INR @ 71.473


*US GOVT. 10-YEAR YIELD : 1.81%*


*Today's Corporate Action, 18th Sept Ex Date :*

ACE*
Dividend - Rs. - 0.5000
ALEMBICLTD
Final Dividend - Rs. - 0.2000
ASL
Final Dividend - Rs. - 0.5000
AUSTENG
Dividend - Rs. - 0.5000
BHARAT
Dividend - Rs. - 0.6000
BIL
Dividend - Rs. - 1.2000
BLS
Final Dividend - Rs. - 1.0000
CITADEL
Dividend - Rs. - 0.5000
DENISCHEM
Dividend - Rs. - 1.0000
EASTWEST
Dividend - Rs. - 0.1000
ENGINERSIN
Final Dividend - Rs. - 0.7500
FLUIDOM
Final Dividend - Rs. - 2.0000
FOODSIN
Dividend - Rs. - 0.2000
GALLANTT
Final Dividend - Rs. - 0.2500
GENESYS
Final Dividend - Rs. - 0.1250
HBLPOWER
Dividend - Rs. - 0.3000
HPL
Final Dividend - Rs. - 0.2000
INVPRECQ
Dividend - Rs. - 2.0000
JAYUSH
Dividend - Rs. - 3.0000
KIRIINDUS
Final Dividend - Rs. - 2.0000
KPEL
Final Dividend - Rs. - 1.0000
LAMBODHARA
Final Dividend - Rs. - 1.0000
LOYALTEX
Dividend - Rs. - 1.5000
MISHTANN
Final Dividend - Rs. - 0.0020
NAVBLDR
Final Dividend - Rs. - 0.1000
PATINTLOG
Final Dividend - Rs. - 0.5000
PREMIERPOL
Dividend - Rs. - 0.5000
PURVA
Final Dividend - Rs. - 1.0000
RELAXO
Final Dividend - Rs. - 0.9000
SARLAPOLY
Final Dividend - Rs. - 1.1000
SHAKTIPUMP
Final Dividend - Rs. - 5.0000
SKCIL
Right Issue of Equity Shares
TRIGYN
Dividend - Rs. - 0.7500
VHL
Dividend - Rs. - 5.0000
VTL
Dividend - Rs. - 17.5000
ZSOUTGAS
Final Dividend - Rs. - 40.0000



*Today's Board Meetings, Sep 18 :*

Indian Bank , To consider  Amalgamation of the Allahabad Bank into Indian Bank and Fund raising.


*Today's Data Alert :*

Sep 18   : T-BILL AUCTION: RBI to auction 91-day T-bills of 70 bln rupees, 182-day T-bills of 50 bln rupees and 364-day T-bills of 40 bln rupees.

Sep 18   : Rainfall for week to Sep 18, by IMD.

Today's Global Data

Sep 18: Britain's role in the World Trade Organisation after Brexit discussion; 0900 IST 

Sep 18: Forecasts for the UK economy statistical release for Sep; 1000 IST

Sep 18: UK monthly inflation figures for Aug; 1000 IST

Sep 18: UK producer price index for Aug; 1000 IST

Sep 18: UK House price index for Jul; 1000 IST 

Sep 18: EU Aug harmonised consumer price-index; 1030 IST

Sep 18: US EIA weekly petroleum status report; 1600 IST

Sep 18: UK Jaob Rees-Mogg to speak on Brexit: Live; 1900 IST

Sep 18: US Federal Reserve economic projections; 1930 IST

Sep 18: US Fed interest rate decision; 1930 IST 

Sep 18: Bank of Japan monetary policy meeting 
By: via @AlliesFin Serve T.ME/ALLiESFiN

Friday, 13 September 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

@ALLIESFIN

CHINA TO MAKE ADJUSTMENTS TO TARIFFS EXEMPTION LIST
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

Business Standard

Ø Aug retail inflation rate climbs, rate cut hopes high
Ø RBI cuts risk weight on consumer credit to 100 percent
Ø U.S., China tariffs could lower global GDP by 0.8%:IMF
Ø Domestic air passenger traffic slips to 1.8% in July
Ø Govt cover for borrowers with bad credit score
Ø SBI revises service charges from October 1
Ø Altico defaults on interest payment, raises concern


Ø RIL's e-auction mechanism for new KG-D6 gas; bidding likely on Oct 11
Ø Hindustan Unilever emerges front-runner for Dinshaw's Dairy Foods
Ø For the first time in FY20, RBI becomes net seller of dollars in July
Ø L&T bags contract worth up to Rs 2,500 in Maharashtra and Odisha
Business Line

Mint
Ø Bhushan Power: JSW Steel to move NCLAT on Sept 13
Ø Finance Secretary to chair review meeting of PSBs
Ø Saudi, Russia call for compliance with OPEC+ supply curbs
Ø India Inc revenue growth in Q1 skids to 11-quarter low of 5.7%
Ø Reliance moots ‘supply or pay’ model for new gas fields
Ø Vedanta Sesa Goa working on drought mitigation measures in Chitradurga

Ø RBI increases banks' loan exposure limit to single NBFC
Ø PE-backed real estate lender Altico defaults on debt payment
Ø ECB cuts key rate, to restart bond purchases
Ø Ola, Uber factor not major reason for auto slowdown: Maruti to FM
Ø SBI launches OFS to sell stake in life insurance biz
Ø Hiranandani plans ₹2,000 crore investment in warehousing business
Financial Express

Deccan Chronicle
Ø Finance Secretary Rajiv Kumar to meet heads of PSU banks on September 19
Ø NCLAT to hear Shapoorji Pallonji’s plea on Adani Power bid for Korba West Power
Ø Govt may provide incentives to leather sector to boost exports

Ø Rupee rises for 6th day, spurts 52 paise to 71.14 vs USD on trade truce hopes
Ø Iron ore glory days numbered as China slows
Ø Retail inflation inches up to 10-month high of 3.21 pc in August
By: via @AlliesFin Serve T.ME/ALLiESFiN

Thursday, 12 September 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

"Newsbreak: ECB to Restart QE from November, Cuts Deposit Rate to -0.5%"

https://uk.investing.com/news/forex-news/newsbreak-ecb-to-restart-qe-from-november-cuts-deposit-rate-to-05-1961103
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

Ten small economies including Luxembourg, the Netherlands, Hong Kong SAR, Switzerland, Singapore, and Mauritius host more than 85 per cent of all phantom investments estimated at $ 15 trillion globally, according to a report published by the International Monetary Fund (IMF).

Globally, phantom investments amount to a huge $ 15 trillion, or the combined annual gross domestic product (GDP) of China and Germany, said the report authored by Jannick Damgaard, Thomas Elkjaer and Niels Johannesen.

More like this
'Ola, Uber factor not real reason behind auto slump'

'Ola, Uber factor not real reason behind auto slump'
"And, despite targeted international attempts to curb tax avoidance...phantom FDI (foreign direct investment) keeps soaring, outpacing the growth of genuine FDI.


"
"
“In less than a decade, phantom FDI has climbed from about 30 per cent to almost 40 per cent of global FDI. This growth is unique to FDI," said the report.

Phantom FDI refers to investments that pass through shell companies that have no real business activities and are tailor-made to cut tax liabilities.

It noted that according to official statistics, Luxembourg, a country of 600,000 people, hosts as much foreign direct investment (FDI) as the United States and much more than China.

Luxembourg's $ 4 trillion in FDI comes out to $ 6.6 million a person.

FDI of this size hardly reflects brick-and-mortar investments in the minuscule Luxembourg economy.

"So, is something amiss with official statistics or is something else at play?" it added.

FDI is often an important driver for genuine international economic integration, stimulating growth and job creation and boosting productivity through transfers of capital, skills, and technology.

However, not all FDI brings capital in service of productivity gains, the authors said.

"In practice, FDI is defined as cross-border financial investments between firms belonging to the same multinational group, and much of it is phantom in nature -- investments that pass through empty corporate shells," they said.

These shells, also called special purpose entities, have no real business activities.

Rather, they carry out holding activities, conduct intra-firm financing, or manage intangible assets -- often to minimise multinationals' global tax bill.

"Such financial and tax engineering blurs traditional FDI statistics and makes it difficult to understand genuine economic integration," they said.

The report said a few well-known tax havens host the vast majority of the world's phantom FDI.

Luxembourg and the Netherlands host nearly half of the total such FDI, it said.

"And, when you add Hong Kong SAR, the British Virgin Islands, Bermuda, Singapore, the Cayman Islands, Switzerland, Ireland, and Mauritius to the list, these 10 economies host more than 85 percent of all phantom investments," it said.

The authors attributed low or zero effective corporate tax rates by tax havens to the growth of phantom FDI.

"Unsurprisingly, an economy's exposure to phantom FDI increases with the corporate tax rate," they said.

The IMF has put forward various alternatives for a revised international tax architecture, ranging from minimum taxes to allocation of taxing rights to destination economies.

"
"
No matter which road policymakers choose, one fact remains clear: international cooperation is the key to dealing with taxation in today's globalised economic environment, the report said.
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

Business Standard

Ø SBI to sell 4.5% stake in SBI Life for Rs 3,465 crore

Ø Hong Kong Exchange makes $39 bn bid for LSE

Ø India wants industry protected in RCEP deal: Goyal

Ø Indian high tech sector have potential to attract $21 bn

Ø PNB, UBI & OBC forms groups to oversee merger

Ø NCLAT impleads Sebi as a party in the plea filed by RIL in Alok Industries matter



Ø ONGC signs MoU with Assam to invest Rs 13,000 cr for exploration

Ø India hopes to tap $1-billion of jewellery export opportunity to US

Ø China exempts 16 US goods from retaliatory tariffs ahead of trade talks

Ø Tata Motors global sales decline 32% to hit 72,624 units in August

Ø JSW's August crude steel output dips 13% YoY to 1.25 million tonnes

Business Line



Mint

Ø India to align trade remedy rules with global best practices

Ø India agrees to lower import duties on Indonesian palm oil

Ø Azim Premji, group cos sell ₹7,300-cr worth shares in Wipro buyback

Ø IL&FS gets bids worth ₹13,000 cr for road assets

Ø Cyient signs pact with UK defence firm QinetiQ Target Systems for unmanned target systems avionics



Ø Strides Pharma buys 70% stake in Switzerland’s Fairmed Healthcare

Ø Warburg Pincus exits ICICI Lombard; sells remaining 2.7% stake for $194.5 mn

Ø Schneider expects to complete L&T’s electric unit acquisition by early 2020

Ø India plans to set up ultra mega solar parks worth $1.5 billion each

Financial Express



Deccan Chronicle

Ø Adani Power’s Tiroda plant gets MERC nod for higher coal price

Ø HDFC Bank doubles mid-corporate loan book to over Rs 90,000 crore in 3 years

Ø Advance intimation of steel imports will help industry face challenges



Ø Rupee rises by 5 paise to 71.66 vs USD, extends gains for 5th day

Ø Gold prices fall Rs 372; silver too drops Rs 1,150

Ø Blackstone plans Rs 1.5,000 crore investment in Allcargo unit

Ø Debt crisis hurts corp bond market
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

Dow +221.61 pts ,Nsdq +85.52 pts , S&P +21.54 pts , Bovespa +414 pts , Ftse +70 pts , Dax +90 pts , Cac +24 pts , Crude @ $56.18 brl (+0.43), Brent @ $61.28 brl (+0.47) , Gold @ 1500.20 (-2.79), Silver @ $18.165 (-0.00), Euro @ $1.1011, JPY @ $107.95, INR @ 71.545





Today's Corporate Action
12th Sept Ex Date


AAIL
Final Dividend - Rs. - 0.5500
APOLLOHOSP
Dividend - Rs. - 6.0000
ASIIL
Final Dividend - Rs. - 0.3000
AURIONPRO*
Dividend - Rs. - 2.0000
BAJAJST
Final Dividend - Rs. - 4.0000
BEEKAY
Dividend - Rs. - 2.0000
BLISSGVS
Dividend - Rs. - 1.0000
BLUECHIPT
Dividend - Rs. - 1.8000
BODALCHEM
Final Dividend - Rs. - 0.8000
CAPRIHANS
Final Dividend - Rs. - 0.7500
CEINSYSTECH
Final Dividend - Rs. - 2.2500
DCAL
Final Dividend - Rs. - 0.2000
DHANVARSHA
Final Dividend - Rs. - 0.2500
DHPIND
Dividend - Rs. - 2.5000
FIEMIND
Final Dividend - Rs. - 4.0000
FINOLEXIND
Final Dividend - Rs. - 10.0000
FORCEMOT
Final Dividend - Rs. - 10.0000
GICHSGFIN
Dividend - Rs. - 5.5000
GRSE
Final Dividend - Rs. - 5.1000
GSPL
Final Dividend - Rs. - 2.0000
GUJGAS
Dividend - Rs. - 1.0000
GULPOLY
Final Dividend - Rs. - 0.3000
HISARMET
Final Dividend - Rs. - 1.0000
HUDCO
Final Dividend - Rs. - 0.1500
IGL
Final Dividend - Rs. - 2.4000
INDRAMEDCO
Dividend - Rs. - 1.6000
INTLCONV
Dividend - Rs. - 0.0500
IYKOTHITE
Dividend - Rs. - 0.3750
JISLDVREQS
Dividend - Rs. - 1.0000
JISLJALEQS
Dividend - Rs. - 1.0000
JLMORI
Dividend - Rs. - 1.0000
JUBILANT
Final Dividend - Rs. - 4.5000
KOLTEPATIL
Final Dividend - Rs. - 1.0000
KOTHARIPRO
Dividend - Rs. - 1.0000
LOHIASEC
Final Dividend - Rs. - 0.2000
MANORG
Final Dividend - Rs. - 1.0000
MAZDALTD
Final Dividend - Rs. - 9.0000
MCX
Final Dividend - Rs. - 20.0000
NAHARCAP
Dividend - Rs. - 1.5000
NAHARPOLY
Final Dividend - Rs. - 0.5000
NAHARSPING
Dividend - Rs. - 1.0000
NATPLAS
Final Dividend - Rs. - 1.0000
NBCC
Final Dividend - Rs. - 0.6500
NGIND
Dividend - Rs. - 3.5000
NHPC
Final Dividend - Rs. - 0.7500
NICCOPAR
Final Dividend - Rs. - 0.2000
NITINSPIN
Dividend - Rs. - 1.2500
ORIENTLTD
Dividend - Rs. - 0.7500
PODARPIGQ
Final Dividend - Rs. - 3.0000
PRIMIND
Stock Split From Rs.10/- to Rs.5/-
RADIXIND
Dividend - Rs. - 1.0000
ROHLTD
Final Dividend - Rs. - 2.0000
RUBFILA
Final Dividend - Rs. - 1.0000
RUSHIL
Final Dividend - Rs. - 0.5000
SANDUMA
Final Dividend - Rs. - 3.5000
SHREEPUSHK
Final Dividend - Rs. - 1.5000
SUPERHOUSE
Dividend - Rs. - 1.0000
TREJHARA
Dividend - Rs. - 0.5000
UNIDT
Final Dividend - Rs. - 0.6000
VIPUL
Dividend - Rs. - 0.0500
WATERBASE
Dividend - Rs. - 1.5000
ZENTEC
Final Dividend - Rs. - 0.3000




Today's Board Meetings


Sep 12



Almondz Global Securities Ltd, earnings for quarter ended June.

Arman Financial Services Ltd, earnings for quarter ended June.

Ceejay Finance Ltd, earnings for quarter ended June.

Global Capital Markets Ltd, earnings for quarter ended June.

Haryana Capfin Ltd, earnings for quarter ended June.

Hb Portfolio Ltd, earnings for quarter ended June.

J.J.Finance Corporation Ltd, earnings for quarter ended June.

Kiduja India Ltd, earnings for quarter ended June.

KIFS Financial Services Ltd, earnings for quarter ended June.

Octal Credit Capital Ltd, earnings for quarter ended June, Postponed from Aug 13.

Silicon Valley Infotech Ltd, earnings for quarter ended June, Postponed from Aug 13.

Sunrise Industrial Traders Ltd, earnings for quarter ended June, postponed from Aug 14.

Systematix Corporate Services Ltd, earnings for quarter ended June.

TCI Finance Ltd, earnings for quarter ended June.




Today's Data Alert


Sep 12 : CPI (Combined) for August, by CSO. 1730 IST.

Sep 12 : Index of Industrial Production for July, by CSO. 1730 IST.
By: via @AlliesFin Serve T.ME/ALLiESFiN

Wednesday, 11 September 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

#NIFTY #OBSERVATIONS

https://t.me/AlliesFin/7648

TRADING RANGE 10800 TO 11100

Will Nifty break this range above 11100 or profit booking to retest 10800 ?

Stay Tuned for update @AlliesFin
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

#MARUTI UP 1000 UP IN APPROX 15 DAYS.

Classsic example of Sectoral Pessimism...
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

Apple’s Biggest Surprise: More Aggressive Device and Services Pricing
https://www.bloomberg.com/news/articles/2019-09-10/apple-cuts-prices-to-spur-gadget-sales-and-lure-new-subscribers
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

CHINA UNVEILS 1ST LIST FOR TARIFF EXEMPTIONS ON U.S. GOODS. #alliesfin #tradewar #coolingoff
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

Business Standard

Ø Govt wants to revive confidence in markets: FM

Ø India's energy demand to grow by 4.2%: Pradhan

Ø India, ASEAN agree to review decade-old free trade pact

Ø China to build massive carbon trading market

Ø Aditya Birla Capital to raise Rs 2,100 crore equity capital

Ø Task Force in process to identify infra projects: FM



Ø Yes Bank nears deal to sell minority stake to global tech firm, says CEO

Ø Latest monsoon spell boosts kharif sowing across crops in Gujarat

Ø Telecom dept intends to hold spectrum auction by December: Report

Ø India has limited room to ease fiscal policy due to high debt: Fitch

Ø Earnings rebound seen for PFC, REC by 2020-21 on 50-60% NPA provision

Ø IOC, Haldia Petro projects worth Rs 2 trillion may trip on land hurdles

Business Line



Mint

Ø Independent Financial Advisors blame MFs for the mess in debt schemes: Survey

Ø SBI mulls lending ₹35,000 cr to NHAI for highway projects: Rajnish Kumar

Ø JSW, Adani may bid for Coffee Day group-owned Sical Logistics

Ø Moody’s downgrades Ford’s credit rating to junk

Ø IL&FS gets bids worth ₹13,000 cr for road assets



Ø ArcelorMittal to explore sale of construction business

Ø PE/VC investments climb to an all-time high of $36.7 bn in January-August

Ø 'Make in India' push: ABB, NITTTR set up digital simulation lab in Chandigarh

Ø Goldman Sachs top executive charged with fraud

Ø Daimler to make India export hub, to serve Latin America initially

Financial Express



Deccan Chronicle

Ø DGFT notification to hurt steel imports: EEPC to Commerce Minister

Ø Government allocates Badam coal block to NTPC

Ø Exim Bank expects India’s merchandise exports to grow marginally to $82 billion in Q2

Ø Hero MotoCorp to cut capex by 15-20 pct



Ø Essel group completes 1st tranche of stake sale in ZEEL

Ø India-China spat delays RCEP deal

Ø India, Nepal inaugurate cross-border oil pipeline

Ø India-China spat delays RCEP deal

Ø Zee starts repaying mutual funds before deadline
By: via @AlliesFin Serve T.ME/ALLiESFiN

Tuesday, 10 September 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

@AlliesFin

Buying a Car* v/s *Hire* a Cab :
A superb *Analysis*

Any car in india cost atleast Rs. 6,00,000
Scrap value after six year - Rs. 1,00,000
Net amount goes in effective Life of six year Rs. 5,00,000

Nos of days of six yr is 2200 days

So Rs. 5,00,000/2200
= Rs. 230/day

Yearly insurance Rs 15000 = Rs. 41/day

Daily petrol minimum
= Rs. 100/Day

After every 3 years Tyre & Battery change charge Rs. 25,000 i.e. = Rs. 23/day

Yearly maintenance of
Car Rs. 9000 i.e
= Rs. 25/day

Plus interest loss on
Car buying amount
@8%on Rs. 6,00,000 = Rs 131/day ___________
So after buying a new car *daily expenditure = Rs. 850/day.*



So friends untill you pay Rs. 850 daily to hire a cab, you are effectively in gain travelling in rental car.

OLA/UBER now available.

Above all, driving cars on the Indian roads is full of risk added with Mental tension/BP...

New hefty Traffic challans not included.

Can this be the real reason behind recession in the automobile industry?

#AlliesFin #Sector #observations
By: via @AlliesFin Serve T.ME/ALLiESFiN

Monday, 9 September 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

9/9/2019
BSE:+163(37145)
NSE:+56(11003)
MID:+129(13494)
SML:+115(12709)
Fll|FPI:-188Cr
DlI:+686Cr
B.Crude$:61
Gold$:1519=INR:38626
Silver: 48051
Rs/$: 71.70
New 7.26 2029 G-Sec: 6.57
NSE PE: 27.05
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

CHINA OFFERS TO BUY SOME U.S. AGRICULTURAL EXPORTS IF U.S. RELAXES RESTRICTIONS: REPORT : WSJ
By: via @AlliesFin Serve T.ME/ALLiESFiN

Friday, 6 September 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

6/9/2019
BSE:+337(36981)
NSE:+98(10946)
MID:+81(13364)
SML:+98(12594)
Fll|FPI:-957Cr
DlI:+1207Cr
B.Crude$:59
Gold$:1505=INR:38484
Silver: 47871
Rs/$: 71.72
New 7.26 2029 G-Sec: 6.60
NSE PE: 26.91
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

@AlliesFin

A portfolio built stupidly in a bull market may make money, if you are lucky. but....

A portfolio built wisely in bear markets can make a fortune.

#AlliesFin #markets #wisdom
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

@AlliesFin

#WiproBuyBack

For every 612 Shares
323 shares accepted for buyback.
Approx 61.2% ratio.
Ratio may differ for Investors depending on Holdings.

Payout of accepted shares on 09 Sept 19 in your bank account.
Contract notes for Sale of Shares will be generated on 06 Sept 19.

Allies Fin Serve
+919869958999
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

#humour

#RELIANCE +20
FnO #INVESTORS planning to Buy BASIC + PLANs of #JIOFIBER is now FREE of cost.
Rs 20 rise and 500 lot size.
Annual Subscriptions Rs 10k approx.

#karloduniyamuthimein
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

#STOCKLENDING

Slbm oct x : Apollotyre @2.25 ,Apollohosp @8.05, Britannia @3 ,Dhfl @1.70 ,Amaraja @1.50,Ibhsg @33.05 ,Jubfd @15 ,Justdial @10,Pageind @100
By: via @AlliesFin Serve T.ME/ALLiESFiN

Thursday, 5 September 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

@AlliesFin

5/9/2019
BSE:-80(36644)
NSE:+3(10847)
MID:+19(13283)
SML:+89(12495)
Fll|FPI:-561Cr
DlI:+699Cr
B.Crude$:60
Gold$:1542=INR:39433
Silver: 50600
Rs/$: 72.01
New 7.26 2029 G-Sec: 6.57
NSE PE: 26.67

#market #updates
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

*SGX Nifty -21 pts (10859) from last trade 10880 ,*


Nikkei +268 pts ,
Hangseng -10 pts ,
Now @6.52am .



Dow +237.45 pts ,Nsdq +102.72 pts , S&P +31.51 pts , Bovespa +1520 pts , Ftse +43 pts , Dax +114 pts , Cac +64 pts , Crude @ $56.06 brl (-0.20), Brent @ $60.70 brl (-0.00) , Gold @ 1560.90 (+0.50), Silver @ $19.655 (+0.10), Euro @ $1.1035, JPY @ $106.34, INR @ 72.005





*Today's Corporate Action*
5th Sept Ex Date


ACRYSIL
Dividend - Rs. - 1.2000
ASALCBR
Dividend - Rs. - 1.0000
BNALTD
Final Dividend - Rs. - 1.0000
CHOKSI
Final Dividend - Rs. - 0.5000
CPL
Dividend - Rs. - 0.0400
FINCABLES
Final Dividend - Rs. - 4.5000
GANESHHOUC
Dividend - Rs. - 0.5000
INDIAHOME
Final Dividend - Rs. - 0.2000
INDOBORAX
Dividend - Rs. - 1.5000
ITDC
Dividend - Rs. - 2.1000
JAYBARMARU
Dividend - Rs. - 2.5000
JBMA
Dividend - Rs. - 2.2500
MODEX
Dividend - Rs. - 0.2000
NDL
Final Dividend - Rs. - 0.5000
REMSONSIND
Final Dividend - Rs. - 1.5000
RIDDHI
Dividend - Rs. - 2.0000
SANCTRN
Final Dividend - Rs. - 0.7200
SATINDLTD
Dividend - Rs. - 0.1000
SHRIDINE
Dividend - Rs. - 1.8000
SIMMOND
Dividend - Rs. - 0.5000
SUMEDHA
Dividend - Rs. - 1.0000
SUNFLAG
Final Dividend - Rs. - 0.5000
TCPLPACK
Dividend - Rs. - 5.2500
ZSWASTSA
Dividend - Rs. - 1.0000



*Today's Board Meetings*

Sep 5

 

Action Financial Services India Ltd, earnings for quarter ended June.

SBC Exports Ltd, earnings for quarter ended June.
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

Good Morning - What's Happening, and Where

MEDIA PICKS

==HOME FRONT==
* Putin by his side, PM Modi targets 'outside influence' in internal matters (HT)
* Cong's Shivakumar sent to enforcement agency custody till Sep 13 in money laundering case (var)
* Unacceptable, India tells UK on vandalism by 'Pakistan-incited elements' (HT)
* 23 killed, 27 hurt in factory blast in Punjab's Gurdaspur(ET)
* Kumari Selja named Congress chief in Haryana (HT)
* Masood Azhar, Dawood Ibrahim among 4 designated as terrorists under amended law (HT)
* India, Pakistan fail to finalise agreement on Kartarpur corridor (HT)
* Enforcement agency claims to have emails of Karti Chidambaram's 'shell co' investments (ET)
* People excluded in citizenship list may get extended time to approach tribunal (ToI)
* Sonia OKs Haryana pact that Rahul sat on for 2 years (ET)
* Cong's Adhir Chowdhury says opposition parties losing battle of perception (ToI)
* IMD issues red alert for heavy rains in Mumbai, Thane today (Cogencis)

==FOREIGN AFFAIRS==
* Hong Kong leader scraps extradition bill that sparked historic unrest (BB)
* UK PM Johnson threatens Oct 15 polls if Brexit postponed (AP)
* Iran to release 7 crew members of detained British tanker (IE)
* Iran set to make new cut in nuclear commitments (AFP)
* Nuclear countries have no room for war, says Pakistan Army on Kashmir issue (IE)
* Maldives former president says China grabbed more land than East India Company (ANI)

=BUSINESS AND ECONOMY==
> INDIA-RELATED
* India Aug Nikkei composite PMI 52.6 vs 53.9 in Jul (Cogencis)
* Govt may appoint heads of merged PSU banks to top posts at other banks (Cogencis)
* RBI mandates external benchmarking of rates (BS)
* Demand down, govt seeks solution in new GST math (ET)
* Govt works on common portal to collect raw data for econ indicators (Cogencis)
* Infra players take up land, funding issues with FM (ET)
* Synergy Group, RA Treasury make the cut for Jet Air plan (BS)
* Unified payments interface entities may face cap on market share (ET)
* SEBI asks InterGlobe Aviation to reply to Gangwal's letter (Cogencis)
* Centre plans 10-bln-rupee PM's J&K package (ET)
* NCLT to hear lender's insolvency plea vs Aban Offshore on Sep 19 (Cogencis)
* Maruti Suzuki to shut down Gurugram, Manesar units on Sep 7, 9 (Cogencis)
* Wipro gets 7-yr-deal worth $300 mln from ICICI Bank for digital svcs (Cogencis)
* Vedanta to invest 22 bln rupees to explore new oil block in Rajasthan (Cogencis)
* Post merger announcement, Moody's ups PNB rating outlook to positive (Cogencis)
* SEBI to soon set up working group for social stock exchange (Cogencis)
* SIAM head says transition to BS-VI norms from BS-IV a challenge (Cogencis)
* SIAM head says RBI transfer to aid spending by govt (Cogencis)
* Can't intervene to raise tariffs, telecom minister tells Vodafone-Idea (ET)
* BEML says govt sought expression of interest for selling co's shr in arm (Cogencis)
* Won't borrow if Centre's grant is raised, says NHAI (BS)
* Facing soaring price, RBI halts gold buying (BS)
* GMR Airports board to Thu mull raising 8 bln rupees via debt (Cogencis)
* Russia plans to set up above 20 nuclear power units in India in next 20 years (ToI)
* India to go ahead with $3.1-bln US deal for maritime patrol aircraft (ET)
* Govt ups import duty on Malaysian RBD palm oils by 500 bps for 6 mos (Cogencis)
* Govt gives 3rd tranche of aid to 3 mln farmers under PM Kisan plan (Cogencis)
* Of 195 mills, only 150 may crush cane in Maharashtra next season (Cogencis)
* Grant Thornton to carry out forensic audit of Reliance Capital arms (ET)
* JSW Steel to raise $350 mln overseas (ET)
* Lenders invoke pledge on 5.2% promoter stake in Coffee Day (Cogencis)
* Lupin inks $700-mln deal with Germany's Boehringer (BS)
* L&T to roll out advanced metering infra solutions for power cos (Cogencis)
* Maharashtra gets just 4% of all Mudra loans but generates most new jobs (IE)
* Quikr planning IPO in 2021, says CEO (BS)
* Equitas Small Finance Bank misses listing deadline (BS)
* Volkswagen ready to bring CNG cars to India if govt policy helps (ET)
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@AlliesFin Serve T.ME/ALLiESFiN's Post

* Amazon India plans scrapping single-use plastic, joins Flipkart (BS)
* Clean-tech firm 75F gets $18 mln in its Series-A funding round (ET)

> FROM OVERSEAS
* US trade deficit for July shrinks, but shortfall with China widens (RTR)
* Google's YouTube to pay $170 mln penalty for collecting data on kids (RTR)
* Tapestry CEO Victor Luis steps down; Chairman Zeitlin takes charge (RTR)
* US hopes for decision from WTO on aircraft subsidy tariffs soon (RTR)
* France fines Amazon $4.4 mln over marketplace clauses (AFP)
* JP Morgan says Hong Kong house prices could slide 30% in worst-case scenario (BB)
* Pentagon approves $3.6 bln fund to build Trump's wall along Mexican border (HT)
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@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times



Business Standard

Ø Govt may miss fiscal deficit target despite RBI's money

Ø Service activity slows in August, PMI declines to 52.4

Ø CRISIL cuts GDP growth to 6.3% in fiscal 2020

Ø HC grants relief to KPMG firm BSR in IL&FS case

Ø Wipro bags $300 mn deal from ICICI Bank

Ø NCLAT asks Jet IRP to cooperate with Dutch Court

Ø Mandatory to link loans for housing, autos, MSEs to external benchmark: RBI to banks



Ø Synergy Group, RA Treasury make the cut for reviving defunct Jet Airways

Ø India to manufacture spare parts, components for Russian defence equipment

Ø Auto industry stares at tough year due to transition to BS-VI norms: SIAM

Ø Lupin, Boehringer Ingelheim ink $700-mn deal for anti-cancer drug

Ø Moody's upgrades PNB's outlook to 'positive' from 'stable'

Ø Yes Bank settles 'selective disclosure' of asset quality case with Sebi

Business Line



Mint

Ø H-Energy and Russia’s Novatek sign LNG cooperation pact

Ø Weak demand to hit steel cos profit this fiscal: Report

Ø Sharp fall in cement demand likely due to lower government spending

Ø India, Russia agree to step up trade to $30 bn by 2025

Ø BPCL to invest Rs 25,000 cr on an Ethylene cracker unit at Rasayani



Ø RBI asks banks to link retail and MSME loans to external benchmark from 1 Oct

Ø JLR to launch 30 new vehicles in China over next 2 years

Ø Moody's affirms ratings of five PSU banks following merger announcement

Ø Unitech asked to clear ₹2,734 crore dues in 15 days or lose Noida land

Ø Volkswagen introduces Polo and Vento facelifts in India

Financial Express



Deccan Chronicle

Ø Modi govt in talks with World bank, ADB, KfW for low cost capital to MSMEs

Ø FPI flows to remain under pressure despite tax surcharge reversal, benign monetary policy: Ind-Ra

Ø AMCHAM bats for free-trade pact between India, US

Ø India got most migrant worker money last year; leaves behind China, US, others



Ø AMCHAM bats for free-trade pact between India, US

Ø Russia plans to set up above 20 nuclear power units in India in next 20 years

Ø Gold gains Rs 122, silver jumps Rs 2,070

Ø Maruti to halt production at Haryana plants for 2 days amid auto crisis
By: via @AlliesFin Serve T.ME/ALLiESFiN

Wednesday, 4 September 2019

@AlliesFin Serve T.ME/ALLiESFiN's Post

4/9/2019
BSE:+161(36724)
NSE:+46(10844)
MID:+18(13263)
SML:+36(12405)
Fll|FPI:-1738Cr
DlI:+1304Cr
B.Crude$:58
Gold$:1535=INR:39444
Silver: 49975
Rs/$: 72.07
New 7.26 2029 G-Sec: 6.53
NSE PE: 26.61
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

NIFTY UP 100 FROM LOWS.
BANK NIFTY UP 500 FROM LOWS.
SENSEX UP 300+ POINTS FROM LOWS.

TRADE BOUNCES,
PLAY SWINGS,
& SOMETIMES RIDE THE TIDE...

#ALLIESFIN #MARKETS #OBSERVATIONS
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@AlliesFin Serve T.ME/ALLiESFiN's Post

Hong Kong Leader To Announce Withdrawal Of Extradition Bill: Reports : https://www.ndtv.com/world-news/hong-kong-leader-to-announce-withdrawal-of-extradition-bill-reports-2095387
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

@ALLiESFiN :)

Some people never invested in Equity for last 38 years because..

1982 - Worst recession in 40 years, debt crisis.
1983 - Market hits record - "Market too high".
1984 - Record U.S. Federal deficits.
1985 - Economic growth slows.
1986 - Dow nears 2000 - "Market too high"
1987 - The Crash -Black Monday.
1988 - Fear of Recession.
1989 - Junk Bond collapse.
1990 - Gulf War, worst market decline in 16 years.
1991 - Recession - "Market too high"
1992 - Elections, market flat.
1993 - Businesses continue restructuring.
1994 - Interest rates are going up.
1995 - The market is too high.
1996 - Fear of Inflation.
1997 - Irrational Exuberance.
1998 - Asia Crisis.
1999 - Y2K.
2000 - Technology Correction.
2001 - Recession, World Trade Center Attack.
2002 - Corporate Accounting Scandals.
2003 - War in Iraq.
2004 - U.S. has massive trade & budget deficits.
2005 - Record oil & gas prices.
2006 - Housing bubble bursts.
2007 - Sub-prime mortgage crisis.
2008 - Banking & Credit crisis.
2009 - Recession - "Credit Crunch"
2010 - Sovereign debt crisis.
2011 - Eurozone crisis.
2012 - U.S. fiscal cliff.
2013 - Federal Reserve to "taper"
stimulus.
2014 - Oil prices plunge.
2015 - Chinese stock market sell-off.
2016 - Brexit, U.S. presidential election.
2017 - Stocks at record highs, Bitcoin mania.
2018 - Trade Wars, rising interest rates.
2019 - India GDP at 5 %

Some will always find why not to invest but no one can stop the Market in long run.

We tend to a**gree more on any bearish argument.**

#ALLiESFiN #MARKETS #WiSDOW
https://T.me/AlliesFin

Remember -
 "One can create Money by investing in Bull Market but one can create Fortune by investing in Bear Market".

By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

#STOCKLENDING

OCT SERIES PER SHARE OFFER
#IDBI AT 1
#IDFCFIRSTBANK @ 1.25
By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

@ALLIESFIN

SPOT NIFTY 10881
As per following charts
https://t.me/AlliesFin/7551

Nifty is entering support or demand area of 10800 to 10881.

Index can show some pull back from this support zone to retest higher levels.

Stock Specific Action may contd...

We hear Many people are out of markets and just blame market conditions or economy or Govt but on the other side of Market Technicals most of Investors were either overbought or they handed over their hard earned money to some one else or self trading of portfolio was not there.

Every one want to make money but very few want to work hard on it, what about others ?

THE BEST FUND MANAGER OF YOUR FUNDS IS YOURSELF ONLY.

 TRY TRADING INDEX OR HEDGE YOUR PORTFOLIO AGAINST INDEX WITH SOME BASIC STRATEGIES OR SO... 

@ALLIESFIN
#TRADING #INVESTING

THE MARKETS
THE PRICES
ARE ALWAYS SUPREME...

By: via @AlliesFin Serve T.ME/ALLiESFiN

@AlliesFin Serve T.ME/ALLiESFiN's Post

Economic Times





Business Standard

Ø Allow FPIs to buy bad loans from banks: RBI panel

Ø NPAs may come down to Rs 9.1 lakh cr by FY20: Report

Ø Donald Trump warns China about delaying trade talks

Ø ESIC ties up with SBI for DBT facility

Ø RBI task-force moots central corp loan contract registry

Ø Govt hikes ethanol procurement price for fuel blending

Ø NSEL an 'employee fraud', could be resolved in 6 weeks: Jignesh Shah





Ø Ind-Ra lowers outlook on steel sector on sluggish demand expectation

Ø Government approves over Rs 9,000 cr capital infusion in IDBI Bank

Ø At $4.8 trn, Japan Inc has more cash than most nations' GDP sitting idle

Ø Reliance Power, Japan's JERA to set up 750-Mw power plant in Bangladesh

Ø L&T's construction arm bags contract for Navi Mumbai International Airport

Business Line





Mint

Ø Government weighs privatisation of a few Maharatna and Navratna PSUs

Ø TVS Motor sales down 15 per cent in August

Ø MCA sets up expert committee for valuation professionals

Ø Dredger owned by Mercator sinks near Mangalore port

Ø NMDC revokes cancellation of Chhattisgarh project contract to BHEL

Ø Maruti Suzuki records cumulative sales of 1 million utility vehicles





Ø RBI panel recommends self-regulatory agency for secondary markets

Ø CPSE exchange traded fund lags Nifty in 2019

Ø IT outsourcing sector faces heat from global in-house units

Ø CCI clears Capgemini's acquisition of Altran Technologies

Ø Bank merger woes: Bank officers associations to launch protests

Ø Ashok Leyland plans light commercial vehicles range in sub-5 tonne segment

Financial Express





Deccan Chronicle

Ø Tractor volume set for 5-7% de-growth this fiscal, says report

Ø Centre may soon come out with measures to boost real estate sector

Ø Jaypee Infratech insolvency: Supreme Court asks NBCC for fresh plan

Ø Two-wheeler makers pushing excess stock, says FADA





Ø Rupee tanks 97 paise to 9-month low on weak macro data, strong dollar

Ø Gold prices gain Rs 538 to Rs 38,987 per 10 gm

Ø Sensex crashes 770 points following weak macroeconomic data

Ø Anil Ambani’s Reliance Naval & Engineering Ltd faces insolvency
By: via @AlliesFin Serve T.ME/ALLiESFiN

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

https://x.com/cnbctv18live/status/1870100490643747026?s=52 By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/Al...