31/12/2019
BSE:-304(41254)
NSE:-87(12168)
MID:-4(14968)
SML:+51(13699)
FII|FPI:-1265Cr
DII:+585Cr
B.Crude: 66
Gold$:1525=INR:39151
Silver: 47133
Rs/$: 71.38
6.45 : 2029 G-Sec: 6.55
NSE PE: 28.30
By: via @AlliesFin Serve T.ME/ALLiESFiN
Tuesday 31 December 2019
@AlliesFin Serve T.ME/ALLiESFiN's Post
Economic Times
Business Standard
Ø RBI may tighten lending norms for co-op banks
Ø Rs 1.12 lakh crore paid as IGST refunds to exporters
Ø PMO proposes waiving carbon tax on coal
Ø Govt might breach fiscal deficit target in FY20: Report
Ø Reliance, BP pay $36 mn for exit of Niko in KG block
Ø DHFL: Resolution professional shares plan with lenders
Ø Huawei gets govt's approval to participate in 5G trials in the country
Ø Billionaire Hinduja brothers set to bid for Jet Airways by Jan 15: Report
Ø Cold chain firm Snowman Logistics buy diversifies Adani Ports portfolio
Ø Govt working on strategy on import regulation of non-essential items
Ø RBI buys Rs 10,000 cr worth long-term govt securities in second special OMO
Business Line
Mint
Ø NTPC to shell out ₹15,000 crore to buy out NEEPCO, THDCIL from Centre
Ø India improves three positions on SDG Index
Ø SBI cuts external benchmark-based rate by 25 bps
Ø HPCL, EESL to set up public charging infrastructure for National Electric Mobility Programme
Ø Coal India chalks out strategy to meet 660 MT production
Ø QIP fundraising doubles to ₹35,238 crore, backed by large deals
Ø Tata group stronger, more resilient and future ready: N Chandrasekaran
Ø Govt to review free trade agreements, says Piyush Goyal
Ø Venture Catalysts-backed 54 startups invested ₹500 crore in 2019
Ø Record nine startups get unicorn status amid shift in investor sentiment
Financial Express
Deccan Chronicle
Ø Oil regulator PNGRB seeks consultant to rationalise gas pipeline tariff
Ø India’s exports may touch $330-340 billion this fiscal: FIEO
Ø Vodafone Idea mobile customer base drops by 3.63 crore in November
Ø NPA crisis not over yet: SBI may see corporate bad loans rise in second half of FY 20
Ø Loans to realtors rise after 2018 crisis, double in last four years
Ø Bad loans to rise in 2020, says RBI
Ø Indian pharma 'sunrise' segment, year 2020 prognosis positive for healthcare sector
By: via @AlliesFin Serve T.ME/ALLiESFiN
Business Standard
Ø RBI may tighten lending norms for co-op banks
Ø Rs 1.12 lakh crore paid as IGST refunds to exporters
Ø PMO proposes waiving carbon tax on coal
Ø Govt might breach fiscal deficit target in FY20: Report
Ø Reliance, BP pay $36 mn for exit of Niko in KG block
Ø DHFL: Resolution professional shares plan with lenders
Ø Huawei gets govt's approval to participate in 5G trials in the country
Ø Billionaire Hinduja brothers set to bid for Jet Airways by Jan 15: Report
Ø Cold chain firm Snowman Logistics buy diversifies Adani Ports portfolio
Ø Govt working on strategy on import regulation of non-essential items
Ø RBI buys Rs 10,000 cr worth long-term govt securities in second special OMO
Business Line
Mint
Ø NTPC to shell out ₹15,000 crore to buy out NEEPCO, THDCIL from Centre
Ø India improves three positions on SDG Index
Ø SBI cuts external benchmark-based rate by 25 bps
Ø HPCL, EESL to set up public charging infrastructure for National Electric Mobility Programme
Ø Coal India chalks out strategy to meet 660 MT production
Ø QIP fundraising doubles to ₹35,238 crore, backed by large deals
Ø Tata group stronger, more resilient and future ready: N Chandrasekaran
Ø Govt to review free trade agreements, says Piyush Goyal
Ø Venture Catalysts-backed 54 startups invested ₹500 crore in 2019
Ø Record nine startups get unicorn status amid shift in investor sentiment
Financial Express
Deccan Chronicle
Ø Oil regulator PNGRB seeks consultant to rationalise gas pipeline tariff
Ø India’s exports may touch $330-340 billion this fiscal: FIEO
Ø Vodafone Idea mobile customer base drops by 3.63 crore in November
Ø NPA crisis not over yet: SBI may see corporate bad loans rise in second half of FY 20
Ø Loans to realtors rise after 2018 crisis, double in last four years
Ø Bad loans to rise in 2020, says RBI
Ø Indian pharma 'sunrise' segment, year 2020 prognosis positive for healthcare sector
By: via @AlliesFin Serve T.ME/ALLiESFiN
Monday 30 December 2019
@AlliesFin Serve T.ME/ALLiESFiN's Post
@AlliesFin
30/12/2019
BSE:-17(41558)
NSE:+10(12255)
MID:+43(14972)
SML:+100(13648)
FII|FPI:-130Cr
DII:+201Cr
B.Crude: 68
Gold$:1512=INR:38947
Silver: 46700
Rs/$: 71.31
6.45 : 2029 G-Sec: 6.54
NSE PE: 28.50
Join @AlliesFin
By: via @AlliesFin Serve T.ME/ALLiESFiN
30/12/2019
BSE:-17(41558)
NSE:+10(12255)
MID:+43(14972)
SML:+100(13648)
FII|FPI:-130Cr
DII:+201Cr
B.Crude: 68
Gold$:1512=INR:38947
Silver: 46700
Rs/$: 71.31
6.45 : 2029 G-Sec: 6.54
NSE PE: 28.50
Join @AlliesFin
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
*Read Bhagavadgita whenever you are in confusion and u will get a solution*...
Read this whenever u are confused abt the stock market and u will get answers....
80% of gains come in 20% of time. So an investor needs enormous patience and conviction to hold stocks or Mutual funds for 10 or 20 years.
Why not all investors get rich? They like to get rich without going through many years of discipline & patience. Process leads to outcome.
An inferior strategy you can stick with is likely to produce better results than a superior strategy you cannot stick with.
Prices change frequently. Value change over a period of time. There lies the opportunity.
Compounding is back loaded. It works well only over a longer period of time. There is no substitute for time in compounding.
99% of the time, doing nothing is the best thing to do in the market. It is good to be a Rip Van Winkle investor. Activity hurts. Sit still.
You cannot predict or control markets. What you can control is how much you save, investment process and behaviour. Focus only on that.
Random outcome doesn’t invalidate the need for a process. Sound process and consistently sticking to the same increases the chance of luck.
Investors are human. That’s why markets would never be fully efficient.
Markets usually run ahead or fall behind. Rarely in equilibrium. Over or under valuation can last for long time. Don’t time the market.
Buying and selling is easy. It is holding on through ups and downs is difficult but ultimately most rewarding.
Tiny drops of water make the mighty ocean. Invest regularly. Invest for long term. You can create huge wealth.
Not investing in equity is more risky than investing in it. Remember, you need to beat the inflation and retain your purchasing power.
We see past bear markets as missed opportunities. However thinking of future bear markets is gut wrenching. Strange investor psyche.
If someone keeps reviewing value of his house every day, we may suspect his mental health. But that’s what we keep doing with our equities.
Equity investments are subject to behaviour risks. Always keep a check on your emotions while investing.
*Happy Longterm Investing*
By: via @AlliesFin Serve T.ME/ALLiESFiN
Read this whenever u are confused abt the stock market and u will get answers....
80% of gains come in 20% of time. So an investor needs enormous patience and conviction to hold stocks or Mutual funds for 10 or 20 years.
Why not all investors get rich? They like to get rich without going through many years of discipline & patience. Process leads to outcome.
An inferior strategy you can stick with is likely to produce better results than a superior strategy you cannot stick with.
Prices change frequently. Value change over a period of time. There lies the opportunity.
Compounding is back loaded. It works well only over a longer period of time. There is no substitute for time in compounding.
99% of the time, doing nothing is the best thing to do in the market. It is good to be a Rip Van Winkle investor. Activity hurts. Sit still.
You cannot predict or control markets. What you can control is how much you save, investment process and behaviour. Focus only on that.
Random outcome doesn’t invalidate the need for a process. Sound process and consistently sticking to the same increases the chance of luck.
Investors are human. That’s why markets would never be fully efficient.
Markets usually run ahead or fall behind. Rarely in equilibrium. Over or under valuation can last for long time. Don’t time the market.
Buying and selling is easy. It is holding on through ups and downs is difficult but ultimately most rewarding.
Tiny drops of water make the mighty ocean. Invest regularly. Invest for long term. You can create huge wealth.
Not investing in equity is more risky than investing in it. Remember, you need to beat the inflation and retain your purchasing power.
We see past bear markets as missed opportunities. However thinking of future bear markets is gut wrenching. Strange investor psyche.
If someone keeps reviewing value of his house every day, we may suspect his mental health. But that’s what we keep doing with our equities.
Equity investments are subject to behaviour risks. Always keep a check on your emotions while investing.
*Happy Longterm Investing*
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
*Mkt. Updates :*
*SGX Nifty -8 pts (12320) from last trade 12327 ,*
Nikkei -130 pts ,
Hangseng +25 pts ,
Now @6.58am .
Dow +23.87 pts ,Nsdq -15.77 pts , S&P +0.11 pts , Bovespa -669 pts , Ftse +12 pts , Dax +36 pts , Cac +6 pts, Crude @ $61.73 brl (+0.01), Brent @ $68.16 brl (+0.00) , Gold @ 1517.30 (-0.79), Silver @ $17.885 (-0.00), Euro @ $1.1181, JPY @ $109.40, INR @ 71.415
*US GOVT. 10-YEAR YIELD : 1.88%*
*Today's Corporate Action, 30th Dec Ex Date :*
INGERRAND
Special Dividend - Rs. - 25.0000
JINDALPOLY
Spin Off
PEL
Right Issue of Equity Shares
POOJA
Bonus issue 1:1
*Today's Board Meeting, Dec 30 :*
Anup Malleable Ltd, Consider the proposal of voluntary delisting.
Axita Cotton Ltd, to consider and approve allotment of bonus shares.
Balmer Lawrie & Co Ltd, to consider Allotment of bonus shares.
Meera Industries Ltd , to consider a proposal for issue of bonus shares.
By: via @AlliesFin Serve T.ME/ALLiESFiN
*SGX Nifty -8 pts (12320) from last trade 12327 ,*
Nikkei -130 pts ,
Hangseng +25 pts ,
Now @6.58am .
Dow +23.87 pts ,Nsdq -15.77 pts , S&P +0.11 pts , Bovespa -669 pts , Ftse +12 pts , Dax +36 pts , Cac +6 pts, Crude @ $61.73 brl (+0.01), Brent @ $68.16 brl (+0.00) , Gold @ 1517.30 (-0.79), Silver @ $17.885 (-0.00), Euro @ $1.1181, JPY @ $109.40, INR @ 71.415
*US GOVT. 10-YEAR YIELD : 1.88%*
*Today's Corporate Action, 30th Dec Ex Date :*
INGERRAND
Special Dividend - Rs. - 25.0000
JINDALPOLY
Spin Off
PEL
Right Issue of Equity Shares
POOJA
Bonus issue 1:1
*Today's Board Meeting, Dec 30 :*
Anup Malleable Ltd, Consider the proposal of voluntary delisting.
Axita Cotton Ltd, to consider and approve allotment of bonus shares.
Balmer Lawrie & Co Ltd, to consider Allotment of bonus shares.
Meera Industries Ltd , to consider a proposal for issue of bonus shares.
By: via @AlliesFin Serve T.ME/ALLiESFiN
Sunday 29 December 2019
@AlliesFin Serve T.ME/ALLiESFiN's Post
Air Commodore Vishal was a Jet Pilot. In a combat mission his fighter plane was destroyed by a missile. He however ejected himself and parachuted safely. He won acclaims and appreciations from many.
After five years one day he was sitting with his wife in a restaurant. A man from another table came to him and said "You're Captain Vishal ! You flew jet fighters. You were shot down!"
"How in the world did you know that?" asked Vishal.
"I packed your parachute," the man smiled and replied.
Vishal gasped in surprise and gratitude and thought if parachute hadn't worked, I wouldn’t be here today.
Vishal couldn't sleep that night, thinking about that man. He wondered how many times I might have seen him and not even said 'Good morning, how are you?' or anything because, he was a fighter pilot and that person was just a safety worker"
So friends, who is packing your parachute?
Everyone has someone who provides what they need to make it through the day.
We need many kinds of parachutes - we need the physical parachute, the mental parachute, the emotional parachute, and the spiritual parachute.
We call on all these supports before reaching safety.
Sometimes in the daily challenges that life gives us, we miss what is really important.
We may fail to say hello, please, or thank you, congratulate someone on something wonderful that has happened to them, give a compliment, or just do something nice for no reason.
As you go through this week, this month, this year, recognize the people who pack your parachute.
*I just want to thank everyone who packed my parachute this year one way or the other*- through your words, deeds, prayers etc!! Don't want to take any of you for granted
From the bottom of my heart with all my love
Wishing you a pleasant and a memorable end to 2019 and an awesome beginning to 2020
By: via @AlliesFin Serve T.ME/ALLiESFiN
Friday 27 December 2019
@AlliesFin Serve T.ME/ALLiESFiN's Post
@AlliesFin
27/12/2019
BSE:+411(41575)
NSE:+119(12245)
MID:+128(14929)
SML:+112(13547)
FII|FPI:+81Cr
DII:+125Cr
B.Crude: 68
Gold$:1510=INR:38920
Silver: 46697
Rs/$: 71.36
6.45 : 2029 G-Sec: 6.50
NSE PE: 28.48
JOIN T.ME/ALLIESFIN
By: via @AlliesFin Serve T.ME/ALLiESFiN
27/12/2019
BSE:+411(41575)
NSE:+119(12245)
MID:+128(14929)
SML:+112(13547)
FII|FPI:+81Cr
DII:+125Cr
B.Crude: 68
Gold$:1510=INR:38920
Silver: 46697
Rs/$: 71.36
6.45 : 2029 G-Sec: 6.50
NSE PE: 28.48
JOIN T.ME/ALLIESFIN
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
@AlliesFin APPROX 75 POINTS PREMIUM IN NIFTY,
AND 200 POINTS PREMIUM IN BANK NIFTY ON 1ST DAY OF NEW DERIVATIVE JAN 2020 SERIES... #marketobservations
Join T.me/AlliesFin
By: via @AlliesFin Serve T.ME/ALLiESFiN
AND 200 POINTS PREMIUM IN BANK NIFTY ON 1ST DAY OF NEW DERIVATIVE JAN 2020 SERIES... #marketobservations
Join T.me/AlliesFin
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
@AlliesFin
Point of finance management view...
While writing a date in upcoming year 2020 , we should write in its full format, e.g. 31/01/2020 and not as 31/01/20 because anyone can change it to 31/01/2000 or 31/01/2019 or in between any year to his convenience.
This issue of Alertness will persist only this year.
So be cautious about this. Don't write and also don't accept it while receiving any documents.
Prevention is better than cure.
Stay Healthy, Wealthy and Happy Join
https://T.me/AlliesFin
By: via @AlliesFin Serve T.ME/ALLiESFiN
Point of finance management view...
While writing a date in upcoming year 2020 , we should write in its full format, e.g. 31/01/2020 and not as 31/01/20 because anyone can change it to 31/01/2000 or 31/01/2019 or in between any year to his convenience.
This issue of Alertness will persist only this year.
So be cautious about this. Don't write and also don't accept it while receiving any documents.
Prevention is better than cure.
Stay Healthy, Wealthy and Happy Join
https://T.me/AlliesFin
By: via @AlliesFin Serve T.ME/ALLiESFiN
Thursday 26 December 2019
@AlliesFin Serve T.ME/ALLiESFiN's Post
NIFTY WEEKLY CHANNEL SUPPORTS N RESISTANCES https://t.me/AlliesFin/8088
By: via @AlliesFin Serve T.ME/ALLiESFiN
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
NIFTY WEEKLY CHART
CHANNEL SUPORT AND RESISTANCES
https://invst.ly/p8qt-
LINK TO SHARE THIS CHART
By: via @AlliesFin Serve T.ME/ALLiESFiN
CHANNEL SUPORT AND RESISTANCES
https://invst.ly/p8qt-
LINK TO SHARE THIS CHART
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
ET NOW BROKERAGE RADAR
MORGAN STANLEY ON INDUSTRIALS:ET NOW
Launch new Risk-Reward framework for India Industrials
BEL can give return potential over the next 3 months
Top picks in Industrials are L&T , BEL, Adani Port , Dilip Buildcon
CITI ON SBI LIFE:ET NOW
Maintain BUY , Target at `1170/share
Raise target from `1080 to `1170/share
Adjust earnings by +2% for FY21E & FY22E
Maintain BUY on back of higher growth outlook
CITI ON YES BANK:ET NOW
Maintain SELL , Target at `46/share
Cut Target from `50 to `46/share
Trim FY20E & FY21E profit estimates by 5%-4%
KOTAK ON BANK:ET NOW
Recovery taking longer than anticipated
We are seeing progress to retain +ve view
Resolution in power sector giving more hopes
Remain +ve on banks with a high share of corporate NPLs
Valuations still comfortable on most of the frontline banks
SBI is extremely well-positioned
By: via @AlliesFin Serve T.ME/ALLiESFiN
MORGAN STANLEY ON INDUSTRIALS:ET NOW
Launch new Risk-Reward framework for India Industrials
BEL can give return potential over the next 3 months
Top picks in Industrials are L&T , BEL, Adani Port , Dilip Buildcon
CITI ON SBI LIFE:ET NOW
Maintain BUY , Target at `1170/share
Raise target from `1080 to `1170/share
Adjust earnings by +2% for FY21E & FY22E
Maintain BUY on back of higher growth outlook
CITI ON YES BANK:ET NOW
Maintain SELL , Target at `46/share
Cut Target from `50 to `46/share
Trim FY20E & FY21E profit estimates by 5%-4%
KOTAK ON BANK:ET NOW
Recovery taking longer than anticipated
We are seeing progress to retain +ve view
Resolution in power sector giving more hopes
Remain +ve on banks with a high share of corporate NPLs
Valuations still comfortable on most of the frontline banks
SBI is extremely well-positioned
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
Economic Times
Business Standard
Ø Govt forms expert panel to resolve oil, gas disputes
Ø FinMin notifies GST grievance redress panel
Ø Saudi Aramco lauds Saudi-Kuwait accord
Ø DPIIT to clarify on 26% FDI in digital media sector
Ø RBI warns banks over focus on retail loans
Ø Wipro's got a new plan to double its revenue
Ø Digital banking initiatives of PSBs under merger likely to be delayed
Ø India's rough diamond imports fall sharply in 2019 over liquidity crunch
Ø Start-up funding slows down in 2019 after a two-fold surge previous year
Ø Cyrus Mistry unlikely to take up a board position, may appoint nominees
Ø Privatisation may affect SCI's decision-making powers, shipping market
Business Line
Mint
Ø NFRA to rope in consultants for audit report reviews
Ø Inverted duty structure may cost govt ₹20,000 cr a year
Ø EU wants a separate investment protection pact with India
Ø Govt constitutes expert panel to resolve oil, gas disputes
Ø Steel prices to go up by ₹1,000 a tonne in Jan
Ø Piramal Enterprises to raise ₹2,750 cr by issuing bonds
Ø GST body holds Johnson & Johnson guilty for profiteering
Ø Johnson & Johnson cleared in baby powder-cancer litigation case in US
Ø Mutual funds add over ₹4 lakh crore to asset base this year
Ø Piramal Enterprises to raise ₹2,750 crore by issuing bonds
Ø RBI sees corporate governance 'fault lines' at some lenders
Financial Express
Deccan Chronicle
Ø NTPC to invest Rs 50,000 crore to add 10GW solar energy capacity by 2022
Ø CARE Ratings lowers FY20 power production outlook
Ø Greenfield route: Govt wants states, PSUs to help boost steel capacity
Ø Renewable sector to create peak capacities in CY20
Ø Banks see 74 per cent rise in frauds
Ø NCLAT dismisses IT dept plea against Reliance Jio on demerger of tower
Ø IRDAI rebukes Cardif for selling stake in SBI Life without its nod
By: via @AlliesFin Serve T.ME/ALLiESFiN
Business Standard
Ø Govt forms expert panel to resolve oil, gas disputes
Ø FinMin notifies GST grievance redress panel
Ø Saudi Aramco lauds Saudi-Kuwait accord
Ø DPIIT to clarify on 26% FDI in digital media sector
Ø RBI warns banks over focus on retail loans
Ø Wipro's got a new plan to double its revenue
Ø Digital banking initiatives of PSBs under merger likely to be delayed
Ø India's rough diamond imports fall sharply in 2019 over liquidity crunch
Ø Start-up funding slows down in 2019 after a two-fold surge previous year
Ø Cyrus Mistry unlikely to take up a board position, may appoint nominees
Ø Privatisation may affect SCI's decision-making powers, shipping market
Business Line
Mint
Ø NFRA to rope in consultants for audit report reviews
Ø Inverted duty structure may cost govt ₹20,000 cr a year
Ø EU wants a separate investment protection pact with India
Ø Govt constitutes expert panel to resolve oil, gas disputes
Ø Steel prices to go up by ₹1,000 a tonne in Jan
Ø Piramal Enterprises to raise ₹2,750 cr by issuing bonds
Ø GST body holds Johnson & Johnson guilty for profiteering
Ø Johnson & Johnson cleared in baby powder-cancer litigation case in US
Ø Mutual funds add over ₹4 lakh crore to asset base this year
Ø Piramal Enterprises to raise ₹2,750 crore by issuing bonds
Ø RBI sees corporate governance 'fault lines' at some lenders
Financial Express
Deccan Chronicle
Ø NTPC to invest Rs 50,000 crore to add 10GW solar energy capacity by 2022
Ø CARE Ratings lowers FY20 power production outlook
Ø Greenfield route: Govt wants states, PSUs to help boost steel capacity
Ø Renewable sector to create peak capacities in CY20
Ø Banks see 74 per cent rise in frauds
Ø NCLAT dismisses IT dept plea against Reliance Jio on demerger of tower
Ø IRDAI rebukes Cardif for selling stake in SBI Life without its nod
By: via @AlliesFin Serve T.ME/ALLiESFiN
Tuesday 24 December 2019
@AlliesFin Serve T.ME/ALLiESFiN's Post
@AlliesFin
24/12/2019
BSE:-181(41461)
NSE:-48(12214)
MID:-2(14820)
SML:+2(13384)
FII|FPI:-114Cr
DII:-345Cr
B.Crude: 66
Gold$:1490=INR:38382
Silver: 46044
Rs/$: 71.26
6.45 : 2029 G-Sec: 6.57
NSE PE: 28.47
Join T.me/AlliesFin
By: via @AlliesFin Serve T.ME/ALLiESFiN
24/12/2019
BSE:-181(41461)
NSE:-48(12214)
MID:-2(14820)
SML:+2(13384)
FII|FPI:-114Cr
DII:-345Cr
B.Crude: 66
Gold$:1490=INR:38382
Silver: 46044
Rs/$: 71.26
6.45 : 2029 G-Sec: 6.57
NSE PE: 28.47
Join T.me/AlliesFin
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
INVESTOR TO FUND MANAGER :
You hold so many Mid and Small Caps in the Portfolio.
I thought you said you only buy Large Caps...
Fund Manager : When I bought them, they were all Large Caps...
By: via @AlliesFin Serve T.ME/ALLiESFiN
You hold so many Mid and Small Caps in the Portfolio.
I thought you said you only buy Large Caps...
Fund Manager : When I bought them, they were all Large Caps...
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
#STOCKLENDING
FEB 20 SERIES PER SHARE
#YESBANK @ 3
#TVSMOTORS @ 6
#BERGERPAINT @ 11
& many more offers,
OPEN STOCK LENDING ACCOUNT AND GET STOCK LENDING QUOTES ON YOUR MOBILE FOR YOUR PORTFOLIO...
DETAILS CONNECT +919869958999
JOIN https://t.me/AlliesFin
By: via @AlliesFin Serve T.ME/ALLiESFiN
FEB 20 SERIES PER SHARE
#YESBANK @ 3
#TVSMOTORS @ 6
#BERGERPAINT @ 11
& many more offers,
OPEN STOCK LENDING ACCOUNT AND GET STOCK LENDING QUOTES ON YOUR MOBILE FOR YOUR PORTFOLIO...
DETAILS CONNECT +919869958999
JOIN https://t.me/AlliesFin
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
Markets in Narrow Range ahead Holiday and Expiry...
Stock Specific actions to contd... as index managements at its best...
By: via @AlliesFin Serve T.ME/ALLiESFiN
Stock Specific actions to contd... as index managements at its best...
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
“Acknowledging what you don’t know is the dawning of wisdom”. @AlliesFin
By: via @AlliesFin Serve T.ME/ALLiESFiN
By: via @AlliesFin Serve T.ME/ALLiESFiN
Monday 23 December 2019
@AlliesFin Serve T.ME/ALLiESFiN's Post
*Addition and deletion in BSE Sensex and Nifty indices*
*Titan Company, UltraTech Cement, Nestle India* will be included in BSE Sensex with effect from December 23. On the other side, *Tata Motors, Tata Motors DVR, Vedanta and Yes Bank* will be removed from the index.
In BSE Sensex 50 index, *UPL and Dabur India* will replace *Indiabulls Housing Finance and Yes Bank*
in the BSE 100 index, *InterGlobe Aviation, Info Edge and SBI Life Insurance* will replace *Glenmark Pharma, Cadila Healthcare and Edelweiss Financial Services.*
*Affle India, Mishra Dhatu Nigam and Responsive Industries* will make a entry into Nifty 500, Nifty Smallcap 250 and Nifty MidSmallcap 400 indices with effect from December 26 (Thursday).
However, *CG Power, Coffee Day Enterprises and Cox & Kings* will be removed from the same indices.
*Kennametal India and Tasty Bite Eatables* will replace *Den Networks and Hathway Cable & Datacom* in Nifty 500, Nifty Smallcap 250 and Nifty MidSmallcap 400 indices on December 27 (Friday).
On the same day, *Jump Networks* will be added in the Nifty Media index, whereas *Hathway Cable & Datacom and Music Broadcast* will be removed.
By: via @AlliesFin Serve T.ME/ALLiESFiN
*Titan Company, UltraTech Cement, Nestle India* will be included in BSE Sensex with effect from December 23. On the other side, *Tata Motors, Tata Motors DVR, Vedanta and Yes Bank* will be removed from the index.
In BSE Sensex 50 index, *UPL and Dabur India* will replace *Indiabulls Housing Finance and Yes Bank*
in the BSE 100 index, *InterGlobe Aviation, Info Edge and SBI Life Insurance* will replace *Glenmark Pharma, Cadila Healthcare and Edelweiss Financial Services.*
*Affle India, Mishra Dhatu Nigam and Responsive Industries* will make a entry into Nifty 500, Nifty Smallcap 250 and Nifty MidSmallcap 400 indices with effect from December 26 (Thursday).
However, *CG Power, Coffee Day Enterprises and Cox & Kings* will be removed from the same indices.
*Kennametal India and Tasty Bite Eatables* will replace *Den Networks and Hathway Cable & Datacom* in Nifty 500, Nifty Smallcap 250 and Nifty MidSmallcap 400 indices on December 27 (Friday).
On the same day, *Jump Networks* will be added in the Nifty Media index, whereas *Hathway Cable & Datacom and Music Broadcast* will be removed.
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
Economic Times
Business Standard
Ø DoT seeks Rs 1.72 lakh cr from GAIL in telecom dues
Ø India's steel output falls, declines 2.8% in Nov: Report
Ø IDBI Bank likely to be out of PCA framework in Q4
Ø RIL tears into govt affidavit, says no final arbitration
Ø India, Iran agree to speed up work on Chabahar port
Ø India seeks to reclaim its ship-recycling glory
Ø Reliance-BP petrol pumps to dent PSU market share: Morgan Stanley
Ø All existing notified SEZs deemed to be multi-sector SEZs: Government
Ø NBFC promoted by Ratan Tata and Nandan Nilekani looks to raise $30-40 mn
Ø Consumer durables report steady growth in 2019; slowdown a threat in 2020
Ø IL&FS group gets approval to sell stake in Mangalore SEZ at fair value
Business Line
Mint
Ø Disputed income-tax claims surge towards ₹10-lakh cr mark
Ø Turbo Aviation shows interest in Jet Airways
Ø PM to banks, India Inc: no inappropriate action on genuine commercial decisions
Ø 377 infrastructure projects show cost overruns of Rs 3.94 lakh crore
Ø Favourable climate for rabi season brightens outlook for agri firms
Ø UTI AMC aims to raise new private debt fund
Ø Highways sector to see ₹15 lakh cr investments in five years: Gadkari
Ø Govt's attempt to enforce non-payment of dues premature: RIL
Financial Express
Deccan Chronicle
Ø US sanctions cannot stop gas pipeline to Europe: Russia FM
Ø Govt taking steps to ensure import, sale of quality toys in India
Ø India, Iran agree to accelerate work on strategic Chabahar project
Ø IBA mulls bringing framework to address consortium lending issues
Ø Fitch cuts India GDP growth forecast to 4.6 pc in FY20
Ø Gold demand tepid in major Asian hubs, protests in India curb buying
Ø Investments via P-notes decline to Rs 69,670 cr at Nov-end
By: via @AlliesFin Serve T.ME/ALLiESFiN
Business Standard
Ø DoT seeks Rs 1.72 lakh cr from GAIL in telecom dues
Ø India's steel output falls, declines 2.8% in Nov: Report
Ø IDBI Bank likely to be out of PCA framework in Q4
Ø RIL tears into govt affidavit, says no final arbitration
Ø India, Iran agree to speed up work on Chabahar port
Ø India seeks to reclaim its ship-recycling glory
Ø Reliance-BP petrol pumps to dent PSU market share: Morgan Stanley
Ø All existing notified SEZs deemed to be multi-sector SEZs: Government
Ø NBFC promoted by Ratan Tata and Nandan Nilekani looks to raise $30-40 mn
Ø Consumer durables report steady growth in 2019; slowdown a threat in 2020
Ø IL&FS group gets approval to sell stake in Mangalore SEZ at fair value
Business Line
Mint
Ø Disputed income-tax claims surge towards ₹10-lakh cr mark
Ø Turbo Aviation shows interest in Jet Airways
Ø PM to banks, India Inc: no inappropriate action on genuine commercial decisions
Ø 377 infrastructure projects show cost overruns of Rs 3.94 lakh crore
Ø Favourable climate for rabi season brightens outlook for agri firms
Ø UTI AMC aims to raise new private debt fund
Ø Highways sector to see ₹15 lakh cr investments in five years: Gadkari
Ø Govt's attempt to enforce non-payment of dues premature: RIL
Financial Express
Deccan Chronicle
Ø US sanctions cannot stop gas pipeline to Europe: Russia FM
Ø Govt taking steps to ensure import, sale of quality toys in India
Ø India, Iran agree to accelerate work on strategic Chabahar project
Ø IBA mulls bringing framework to address consortium lending issues
Ø Fitch cuts India GDP growth forecast to 4.6 pc in FY20
Ø Gold demand tepid in major Asian hubs, protests in India curb buying
Ø Investments via P-notes decline to Rs 69,670 cr at Nov-end
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
If we realize our quality, we become smart.
If we know our weakness, we become intelligent, If we know both, We become successful.
Think positive....
Act positively....
By: via @AlliesFin Serve T.ME/ALLiESFiN
If we know our weakness, we become intelligent, If we know both, We become successful.
Think positive....
Act positively....
By: via @AlliesFin Serve T.ME/ALLiESFiN
Friday 20 December 2019
@AlliesFin Serve T.ME/ALLiESFiN's Post
20/12/2019
BSE:+7(41681)
NSE:+12(12271)
MID:+21(14835)
SML:-4(13391)
FII|FPI:+338Cr
DII:-285Cr
B.Crude: 66
Gold$:1474=INR:38040
Silver: 44664
Rs/$: 71.12
6.45 : 2029 G-Sec: 6.60
NSE PE: 28.60
By: via @AlliesFin Serve T.ME/ALLiESFiN
BSE:+7(41681)
NSE:+12(12271)
MID:+21(14835)
SML:-4(13391)
FII|FPI:+338Cr
DII:-285Cr
B.Crude: 66
Gold$:1474=INR:38040
Silver: 44664
Rs/$: 71.12
6.45 : 2029 G-Sec: 6.60
NSE PE: 28.60
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
Economic Times
Ø Debt in emerging markets hit a record $55 trillion: World Bank report
Ø RBI announces OMO on Dec 23 to bridge liquidity gap
Ø MPC members waited to see full impact of rate cuts
Ø Investment in real estate up 9% at Rs 44k cr in 2019
Ø Expedite decision on fresh EOIs: NCLT to Jet lenders
Ø UTI AMC files papers for IPO with Sebi
Ø Piramal Ent.raises Rs 1,750 crore from CPDQ
Ø Vedanta banks on Jamkhani block in Odisha to enhance its coal security
Ø High consumption at rock-bottom tariffs killing telcos: Sunil Mittal
Ø IL&FS Group gets court's approval for sale of its education business
Ø NTPC snubs foreign emissions tech for plant, shuts out GE from $2-bn orders
Ø Govt plans to implement all four labour codes in one go, likely in 2020
Mint
Ø At pre-Budget meet, India Inc seeks a single corporate tax rate of 15% over three years
Ø Poor demand, weak prices hit farm exports in April-October
Ø US wants India to lower its tariffs
Ø Air passenger traffic to drop to 6-year low in 2020: ICRA
Ø LivFin raises $5 m in equity funding from Germany’s DEG
Ø Brigade Group expects 25% growth amid cyclical slowdown
Ø Essar verdict may drive more investments into distressed assets space
Ø Tata Motors unveils electric Nexon SUV, launch in Jan 2020
Ø Goldman Sachs invests $15 million in ZestMoney
Ø German footwear brand BIRKENSTOCK enters India
Ø Industrialists suggest measures to finance minister to reverse economic downturn
Deccan Chronicle
Ø Govt may face another hit on fiscal deficit front; pending GST compensation likely to double
Ø L&T Technology Services opens design centre in United States
Ø Room for strong growth for microfinance in India, says KPMG report
Ø Rupee settles 6 paise down at 71.03 against US dollar
Ø Sensex, Nifty rally to fresh record highs
Ø Monetary Policy Committee minutes hint at rate cut in February
Ø DPIIT optimistic of India breaking into top 50 in 'ease of doing biz' ranking soon
By: via @AlliesFin Serve T.ME/ALLiESFiN
Ø Debt in emerging markets hit a record $55 trillion: World Bank report
Ø RBI announces OMO on Dec 23 to bridge liquidity gap
Ø MPC members waited to see full impact of rate cuts
Ø Investment in real estate up 9% at Rs 44k cr in 2019
Ø Expedite decision on fresh EOIs: NCLT to Jet lenders
Ø UTI AMC files papers for IPO with Sebi
Ø Piramal Ent.raises Rs 1,750 crore from CPDQ
Ø Vedanta banks on Jamkhani block in Odisha to enhance its coal security
Ø High consumption at rock-bottom tariffs killing telcos: Sunil Mittal
Ø IL&FS Group gets court's approval for sale of its education business
Ø NTPC snubs foreign emissions tech for plant, shuts out GE from $2-bn orders
Ø Govt plans to implement all four labour codes in one go, likely in 2020
Mint
Ø At pre-Budget meet, India Inc seeks a single corporate tax rate of 15% over three years
Ø Poor demand, weak prices hit farm exports in April-October
Ø US wants India to lower its tariffs
Ø Air passenger traffic to drop to 6-year low in 2020: ICRA
Ø LivFin raises $5 m in equity funding from Germany’s DEG
Ø Brigade Group expects 25% growth amid cyclical slowdown
Ø Essar verdict may drive more investments into distressed assets space
Ø Tata Motors unveils electric Nexon SUV, launch in Jan 2020
Ø Goldman Sachs invests $15 million in ZestMoney
Ø German footwear brand BIRKENSTOCK enters India
Ø Industrialists suggest measures to finance minister to reverse economic downturn
Deccan Chronicle
Ø Govt may face another hit on fiscal deficit front; pending GST compensation likely to double
Ø L&T Technology Services opens design centre in United States
Ø Room for strong growth for microfinance in India, says KPMG report
Ø Rupee settles 6 paise down at 71.03 against US dollar
Ø Sensex, Nifty rally to fresh record highs
Ø Monetary Policy Committee minutes hint at rate cut in February
Ø DPIIT optimistic of India breaking into top 50 in 'ease of doing biz' ranking soon
By: via @AlliesFin Serve T.ME/ALLiESFiN
Thursday 19 December 2019
Wednesday 18 December 2019
@AlliesFin Serve T.ME/ALLiESFiN's Post
@AlliesFin
18/12/2019
BSE:+206(41558)
NSE:+56(12221)
MID:-28(14789)
SML:-6(13387)
FII|FPI:+1836Cr
DII:-1267Cr
B.Crude: 65
Gold$:1477=INR:37914
Silver: 44470
Rs/$: 70.97
6.45 : 2029 G-Sec: 6.71
NSE PE: 28.48
Join t.me/AlliesFin
By: via @AlliesFin Serve T.ME/ALLiESFiN
18/12/2019
BSE:+206(41558)
NSE:+56(12221)
MID:-28(14789)
SML:-6(13387)
FII|FPI:+1836Cr
DII:-1267Cr
B.Crude: 65
Gold$:1477=INR:37914
Silver: 44470
Rs/$: 70.97
6.45 : 2029 G-Sec: 6.71
NSE PE: 28.48
Join t.me/AlliesFin
By: via @AlliesFin Serve T.ME/ALLiESFiN
Tuesday 17 December 2019
@AlliesFin Serve T.ME/ALLiESFiN's Post
@AlliesFin
17/12/2019
BSE:+413(41352)
NSE:+111(12165)
MID:+55(14818)
SML:+87(13393)
FII|FPI:+1248Cr
DII:-908Cr
B.Crude: 65
Gold$:1484=INR:37945
Silver: 44535
Rs/$: 70.97
6.45 : 2029 G-Sec: 6.75
NSE PE: 28.35
Join Stock Market group via link https://t.me/AlliesFin
By: via @AlliesFin Serve T.ME/ALLiESFiN
17/12/2019
BSE:+413(41352)
NSE:+111(12165)
MID:+55(14818)
SML:+87(13393)
FII|FPI:+1248Cr
DII:-908Cr
B.Crude: 65
Gold$:1484=INR:37945
Silver: 44535
Rs/$: 70.97
6.45 : 2029 G-Sec: 6.75
NSE PE: 28.35
Join Stock Market group via link https://t.me/AlliesFin
By: via @AlliesFin Serve T.ME/ALLiESFiN
Sunday 15 December 2019
@AlliesFin Serve T.ME/ALLiESFiN's Post
Nooruddin Fidai | Creating magic out of moving averages
Moving average based trading is one of the simplest form of trend trading but has been lost in the maze of new indicators. Nooruddin Fidai, one of the respected names in moving average based trading demystifies his art.
https://www.moneycontrol.com/news/business/markets/nooruddin-fidai-creating-magic-out-of-moving-averages-4730931.html
By: via @AlliesFin Serve T.ME/ALLiESFiN
Moving average based trading is one of the simplest form of trend trading but has been lost in the maze of new indicators. Nooruddin Fidai, one of the respected names in moving average based trading demystifies his art.
https://www.moneycontrol.com/news/business/markets/nooruddin-fidai-creating-magic-out-of-moving-averages-4730931.html
By: via @AlliesFin Serve T.ME/ALLiESFiN
Friday 13 December 2019
@AlliesFin Serve T.ME/ALLiESFiN's Post
@AlliesFin
13/12/2019
BSE:+428(41009)
NSE:+114(12086)
MID:+134(14830)
SML:+108(13332)
FII|FPI:+115Cr
DII:+384Cr
B.Crude: 65
Gold$:1471=INR:37661
Silver: 44140
Rs/$: 70.91
6.45 : 2029 G-Sec: 6.78
NSE PE: 28.16
Markets to remain open on Budget Day
By: via @AlliesFin Serve T.ME/ALLiESFiN
13/12/2019
BSE:+428(41009)
NSE:+114(12086)
MID:+134(14830)
SML:+108(13332)
FII|FPI:+115Cr
DII:+384Cr
B.Crude: 65
Gold$:1471=INR:37661
Silver: 44140
Rs/$: 70.91
6.45 : 2029 G-Sec: 6.78
NSE PE: 28.16
Markets to remain open on Budget Day
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
Today's Corporate Action, 13th Dec Ex Date :
TRIDENT
Stock Split From Rs.10/- to Rs.1/-
Today's Board Meeting, Dec 13 :
Abans Enterprises Ltd, to consider declaration of interim dividend.
Action Financial Services (India) Ltd, earnings for quarter ended Septemebr.
Ajcon Global Services Ltd, earnings for quarter ended September.
Akme Star Housing Finance Ltd, earnings for quarter ended September.
Apollo Finvest India Ltd, earnings for quarter ended September.
AU Small Finance Bank Ltd , to consider allotment of equity shares.
Chadha Papers Ltd, earnings for quarter ended September.
CSL Finance Ltd, earnings for quarter ended September.
Garnet International Ltd, earnings for quarter ended September.
GKB Ophthalmics Ltd, to consider approve the equity convertible basis.
HB Leasing & Finance Co Ltd, earnings for quarter ended September.
HB Portfolio Ltd, earnings for quarter ended September.
India Home Loan Ltd, earnings for quarter ended September.
Joindre Capital Services Ltd, earnings for quarter ended September, Postponed from Dec 12.
Kamron Laboratories Ltd, earnings for quarter ended September.
Kifs Financial Services Ltd, earnings for quarter ended September.
Ladderup Finance Ltd, earnings for quarter ended September.
Lohia Securities Ltd, earnings for quarter ended September.
Mangal Credit And Fincorp Ltd, earnings for quarter ended September.
Master Trust Ltd, earnings for quarter ended September.
Nalwa Sons Investments Ltd, earnings for quarter ended September.
Oswal Agro Mills Ltd, earnings for quarter ended September.
Paragon Finance Ltd, earnings for quarter ended September.
Rapid Investments Ltd, earnings for quarter ended September.
Sahara Housingfina Corporation Ltd, earnings for quarter ended September.
Sakthi Finance Ltd, earnings for quarter ended September.
Sarvottam Finvest Ltd, earnings for quarter ended September.
Sastasundar Ventures Ltd, earnings for quarter ended September.
Shri Kalyan Holdings Ltd, earnings for quarter ended September.
Spa Capital Services Ltd, earnings for quarter ended September.
Suchitra Finance & Trading Co Ltd, earnings for quarter ended September.
Systematix Corporate Services Ltd, earnings for quarter ended September.
Typhoon Financial Services Ltd, earnings for quarter ended September.
U. Y. Fincorp Ltd, earnings for quarter ended September.
Virat Leasing Ltd, earnings for quarter ended September.
Williamson Financial Services Ltd, earnings for quarter ended September.
Williamson Magor & Co Ltd, earnings for quarter ended September.
Today's Data Alert :
Dec 13 : 14-day variable rate term repo for 255 bln rupees. Bids to be submitted between 1100 and 1130 IST.
Dec 13 : BOND AUCTION: RBI to auction 40 bln rupees of 6.18%, 2024 bond, 60 bln rupees of 7.57%, 2033 bond, 20 bln rupees of 7.69%, 2043 bond and 40 bln rupees of 7.72%, 2049 bond.
Today's Global Data :
Dec 13: UK General Election result announcement
By: via @AlliesFin Serve T.ME/ALLiESFiN
TRIDENT
Stock Split From Rs.10/- to Rs.1/-
Today's Board Meeting, Dec 13 :
Abans Enterprises Ltd, to consider declaration of interim dividend.
Action Financial Services (India) Ltd, earnings for quarter ended Septemebr.
Ajcon Global Services Ltd, earnings for quarter ended September.
Akme Star Housing Finance Ltd, earnings for quarter ended September.
Apollo Finvest India Ltd, earnings for quarter ended September.
AU Small Finance Bank Ltd , to consider allotment of equity shares.
Chadha Papers Ltd, earnings for quarter ended September.
CSL Finance Ltd, earnings for quarter ended September.
Garnet International Ltd, earnings for quarter ended September.
GKB Ophthalmics Ltd, to consider approve the equity convertible basis.
HB Leasing & Finance Co Ltd, earnings for quarter ended September.
HB Portfolio Ltd, earnings for quarter ended September.
India Home Loan Ltd, earnings for quarter ended September.
Joindre Capital Services Ltd, earnings for quarter ended September, Postponed from Dec 12.
Kamron Laboratories Ltd, earnings for quarter ended September.
Kifs Financial Services Ltd, earnings for quarter ended September.
Ladderup Finance Ltd, earnings for quarter ended September.
Lohia Securities Ltd, earnings for quarter ended September.
Mangal Credit And Fincorp Ltd, earnings for quarter ended September.
Master Trust Ltd, earnings for quarter ended September.
Nalwa Sons Investments Ltd, earnings for quarter ended September.
Oswal Agro Mills Ltd, earnings for quarter ended September.
Paragon Finance Ltd, earnings for quarter ended September.
Rapid Investments Ltd, earnings for quarter ended September.
Sahara Housingfina Corporation Ltd, earnings for quarter ended September.
Sakthi Finance Ltd, earnings for quarter ended September.
Sarvottam Finvest Ltd, earnings for quarter ended September.
Sastasundar Ventures Ltd, earnings for quarter ended September.
Shri Kalyan Holdings Ltd, earnings for quarter ended September.
Spa Capital Services Ltd, earnings for quarter ended September.
Suchitra Finance & Trading Co Ltd, earnings for quarter ended September.
Systematix Corporate Services Ltd, earnings for quarter ended September.
Typhoon Financial Services Ltd, earnings for quarter ended September.
U. Y. Fincorp Ltd, earnings for quarter ended September.
Virat Leasing Ltd, earnings for quarter ended September.
Williamson Financial Services Ltd, earnings for quarter ended September.
Williamson Magor & Co Ltd, earnings for quarter ended September.
Today's Data Alert :
Dec 13 : 14-day variable rate term repo for 255 bln rupees. Bids to be submitted between 1100 and 1130 IST.
Dec 13 : BOND AUCTION: RBI to auction 40 bln rupees of 6.18%, 2024 bond, 60 bln rupees of 7.57%, 2033 bond, 20 bln rupees of 7.69%, 2043 bond and 40 bln rupees of 7.72%, 2049 bond.
Today's Global Data :
Dec 13: UK General Election result announcement
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
Woha Nifty +90 again... nearing breakout area of 12060... closing abv this +ve for short term
By: via @AlliesFin Serve T.ME/ALLiESFiN
By: via @AlliesFin Serve T.ME/ALLiESFiN
Thursday 12 December 2019
@AlliesFin Serve T.ME/ALLiESFiN's Post
12/12/2019
BSE:+169(40581)
NSE:+61(11971)
MID:+100(14695)
SML:+77(13223)
FII|FPI:-683Cr
DII:+810Cr
B.Crude: 64
Gold$:1475=INR:37879
Silver: 44129
Rs/$: 70.83
6.45 : 2029 G-Sec: 6.77
NSE PE: 27.90
By: via @AlliesFin Serve T.ME/ALLiESFiN
BSE:+169(40581)
NSE:+61(11971)
MID:+100(14695)
SML:+77(13223)
FII|FPI:-683Cr
DII:+810Cr
B.Crude: 64
Gold$:1475=INR:37879
Silver: 44129
Rs/$: 70.83
6.45 : 2029 G-Sec: 6.77
NSE PE: 27.90
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
From next year, pay more for share transfers
https://economictimes.indiatimes.com/markets/stocks/news/share-transfers-to-turn-costlier-from-january-next-year/articleshow/72483727.cms
By: via @AlliesFin Serve T.ME/ALLiESFiN
https://economictimes.indiatimes.com/markets/stocks/news/share-transfers-to-turn-costlier-from-january-next-year/articleshow/72483727.cms
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
SPOT #NIFTY up 90 pts from yesterdays low... NEARING BREAKOUT LEVEL OF 11969
By: via @AlliesFin Serve T.ME/ALLiESFiN
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
Listing of Equity Shares of Ujjivan Small Finance Bank Limited
issued at Rs.37 WILL BE LISTED ON BSE ( 542904) & NSE (UJJIVANSFB) w.e.f. Thursday, December 12, 2019,
By: via @AlliesFin Serve T.ME/ALLiESFiN
issued at Rs.37 WILL BE LISTED ON BSE ( 542904) & NSE (UJJIVANSFB) w.e.f. Thursday, December 12, 2019,
By: via @AlliesFin Serve T.ME/ALLiESFiN
Wednesday 11 December 2019
@AlliesFin Serve T.ME/ALLiESFiN's Post
@AlliesFin
11/12/2019
BSE:+172(40412)
NSE:+53(11910)
MID:+75(14575)
SML:+1(13146)
FII|FPI:+605Cr
DII:+239Cr
B.Crude: 63
Gold$:1466=INR:37648
Silver: 43586
Rs/$: 70.84
6.45 : 2029 G-Sec: 6.76
NSE PE: 27.76
https://t.me/AlliesFin
By: via @AlliesFin Serve T.ME/ALLiESFiN
11/12/2019
BSE:+172(40412)
NSE:+53(11910)
MID:+75(14575)
SML:+1(13146)
FII|FPI:+605Cr
DII:+239Cr
B.Crude: 63
Gold$:1466=INR:37648
Silver: 43586
Rs/$: 70.84
6.45 : 2029 G-Sec: 6.76
NSE PE: 27.76
https://t.me/AlliesFin
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
*Business Standard :*
Ø RBI finds Rs 11,932-cr hole in SBI's NPA book
Ø RBI had no objection to electoral bonds via SBI: FM
Ø Panel asks govt to prevent misuse of input tax credit
Ø China plans to launch its own digital currency
Ø IDBI Bank to sell up to 49% stakes in 2 subsidiaries
Ø Cos can recover exploration cost from new finds
Ø Sebi relaxes group exposure limit for MFs
Ø WTO extends ban on tariffs for digital trade, India set to benefit
Ø Domestic steel demand in October-November shrinks 1.8% YoY: ICRA
Ø BlackRock sees growth edging higher in 2020, limiting recession risks
Ø Morgan Stanley fined $22 million for French bond market rigging
Ø Trai issues revised MNP process notice; new norms effective from Dec 16
Business Line
*Mint :*
Ø India, Japan discuss bilateral trade imbalance, RCEP pact
Ø Dilip Buildcon lowest bidder for ₹826-cr Delhi Metro project
Ø Fuel linkage rationalisation helps CIL save ₹3,770 cr annually
Ø ‘Proposed India-EU FTA has to address labour, government procurement, sustainability issues’
Ø `Saudi Arabia wants to be part of India's goal of becoming a $5 trillion economy’
Ø Yes Bank to favourably consider Citax’s $500 million investment offer
Ø Nippon Express gets CCI nod to buy 22% stake in Future Supply
Ø FCI raises ₹8,000 crore on BSE BOND platform
Ø Antitrust body OKs Piramal Enterprises’ issue of CCDs to Canadian pension fund
Ø India slowdown: Electricity demand falls for 4th straight month, says govt data
Ø India asks Japan to reduce trade surplus before Shinzo Abe's visit next week
Ø London Stock Exchange considers proposals for a shorter trading day
Financial Express
*Deccan Chronicle :*
Ø Reliance to see return on capital employed rise to 11% in 2 years
Ø Reliance signs pact with ADNOC for development of chemical facility
Ø Chinese inflation hits eight-year high as pork prices double
Ø Fitch revises outlook on Cairn India to negative
Ø WTO tariff freeze on digital trade extended till June ’20
Ø Rupee rises 12 paise to 1-month high of 70.92 against US dollar
Ø Banks cut MCLR rates after RBI nudges on transmission
Ø Sensex tumbles nearly 250 points; Nifty ends below 11,900
Ø Start bidding goodbye to Windows 10 Office mobile apps
By: via @AlliesFin Serve T.ME/ALLiESFiN
Ø RBI finds Rs 11,932-cr hole in SBI's NPA book
Ø RBI had no objection to electoral bonds via SBI: FM
Ø Panel asks govt to prevent misuse of input tax credit
Ø China plans to launch its own digital currency
Ø IDBI Bank to sell up to 49% stakes in 2 subsidiaries
Ø Cos can recover exploration cost from new finds
Ø Sebi relaxes group exposure limit for MFs
Ø WTO extends ban on tariffs for digital trade, India set to benefit
Ø Domestic steel demand in October-November shrinks 1.8% YoY: ICRA
Ø BlackRock sees growth edging higher in 2020, limiting recession risks
Ø Morgan Stanley fined $22 million for French bond market rigging
Ø Trai issues revised MNP process notice; new norms effective from Dec 16
Business Line
*Mint :*
Ø India, Japan discuss bilateral trade imbalance, RCEP pact
Ø Dilip Buildcon lowest bidder for ₹826-cr Delhi Metro project
Ø Fuel linkage rationalisation helps CIL save ₹3,770 cr annually
Ø ‘Proposed India-EU FTA has to address labour, government procurement, sustainability issues’
Ø `Saudi Arabia wants to be part of India's goal of becoming a $5 trillion economy’
Ø Yes Bank to favourably consider Citax’s $500 million investment offer
Ø Nippon Express gets CCI nod to buy 22% stake in Future Supply
Ø FCI raises ₹8,000 crore on BSE BOND platform
Ø Antitrust body OKs Piramal Enterprises’ issue of CCDs to Canadian pension fund
Ø India slowdown: Electricity demand falls for 4th straight month, says govt data
Ø India asks Japan to reduce trade surplus before Shinzo Abe's visit next week
Ø London Stock Exchange considers proposals for a shorter trading day
Financial Express
*Deccan Chronicle :*
Ø Reliance to see return on capital employed rise to 11% in 2 years
Ø Reliance signs pact with ADNOC for development of chemical facility
Ø Chinese inflation hits eight-year high as pork prices double
Ø Fitch revises outlook on Cairn India to negative
Ø WTO tariff freeze on digital trade extended till June ’20
Ø Rupee rises 12 paise to 1-month high of 70.92 against US dollar
Ø Banks cut MCLR rates after RBI nudges on transmission
Ø Sensex tumbles nearly 250 points; Nifty ends below 11,900
Ø Start bidding goodbye to Windows 10 Office mobile apps
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
*Mkt. Updates :*
*SGX Nifty +6 pts (11908) from last trade 11902 ,*
Nikkei -69 pts ,
Hangseng -27 pts ,
Now @7.00am .
Dow -27.88 pts ,Nsdq -5.64 pts , S&P -3.44 pts , Bovespa -305 pts , Ftse -20 pts , Dax -34 pts , Cac +10 pts , Crude @ $59.10 brl (-0.14), Brent @ $64.18 brl (-0.07) , Gold @ 1468.60 (+0.50), Silver @ $16.612 (+0.00), Euro @ $1.1092, JPY @ $108.76, INR @ 70.815
*US GOVT. 10-YEAR YIELD : 1.83%*
*Today's Corporate Action ,11th Dec Ex Date :*
PIRPHYTO
Amalgamation
*Today's Board Meeting, Dec 11 :*
Alfred Herbert India Ltd, earnings for quarter ended September.
Almondz Global Securities Ltd, earnings for quarter ended September.
Enbee Trade & Finance Ltd, earnings for quarter ended September.
Finkurve Financial Services Ltd, earnings for quarter ended September.
Kothari World Finance Ltd, to consider delisting of equity shares of the Co.
Manvijay Development Co Ltd, to consider issue of convertiable equity warrants on preferential basis and increased in authorized capital of the Co.
Rswm Ltd, to consider raising of funds by issue of equity shares through a rights issue.
South West Pinnacle Exploration Ltd, earnings for quarter ended September.
Ventura Guaranty Ltd, earnings for quarter ended September.
*Today's Data Alert :*
Dec 11 : T-BILL AUCTION: RBI to auction 91-day T-bills of 100 bln rupees, 182-day T-bills of 40 bln rupees and 364-day T-bills of 30 bln rupees.
*Today's Global Data :*
*Dec 11: US interest rate decision by FOMC and economic projections; 2330 IST*
By: via @AlliesFin Serve T.ME/ALLiESFiN
*SGX Nifty +6 pts (11908) from last trade 11902 ,*
Nikkei -69 pts ,
Hangseng -27 pts ,
Now @7.00am .
Dow -27.88 pts ,Nsdq -5.64 pts , S&P -3.44 pts , Bovespa -305 pts , Ftse -20 pts , Dax -34 pts , Cac +10 pts , Crude @ $59.10 brl (-0.14), Brent @ $64.18 brl (-0.07) , Gold @ 1468.60 (+0.50), Silver @ $16.612 (+0.00), Euro @ $1.1092, JPY @ $108.76, INR @ 70.815
*US GOVT. 10-YEAR YIELD : 1.83%*
*Today's Corporate Action ,11th Dec Ex Date :*
PIRPHYTO
Amalgamation
*Today's Board Meeting, Dec 11 :*
Alfred Herbert India Ltd, earnings for quarter ended September.
Almondz Global Securities Ltd, earnings for quarter ended September.
Enbee Trade & Finance Ltd, earnings for quarter ended September.
Finkurve Financial Services Ltd, earnings for quarter ended September.
Kothari World Finance Ltd, to consider delisting of equity shares of the Co.
Manvijay Development Co Ltd, to consider issue of convertiable equity warrants on preferential basis and increased in authorized capital of the Co.
Rswm Ltd, to consider raising of funds by issue of equity shares through a rights issue.
South West Pinnacle Exploration Ltd, earnings for quarter ended September.
Ventura Guaranty Ltd, earnings for quarter ended September.
*Today's Data Alert :*
Dec 11 : T-BILL AUCTION: RBI to auction 91-day T-bills of 100 bln rupees, 182-day T-bills of 40 bln rupees and 364-day T-bills of 30 bln rupees.
*Today's Global Data :*
*Dec 11: US interest rate decision by FOMC and economic projections; 2330 IST*
By: via @AlliesFin Serve T.ME/ALLiESFiN
Tuesday 10 December 2019
@AlliesFin Serve T.ME/ALLiESFiN's Post
@AlliesFin Spot Nifty nr Support Area 11880
If holds then pull back upto 11969 and 12030
#marketobservations
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If holds then pull back upto 11969 and 12030
#marketobservations
JOIN https://T.me/AlliesFin
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@AlliesFin Serve T.ME/ALLiESFiN's Post
Business Standard
Ø YES Bank may say no Canadian billionaire's $1.2 billion offer
Ø Economy may soon get another booster dose
Ø CGST falls short of budget estimate by 40% in Apr-Nov
Ø Bank of Baroda to sell up to 1.04 crore UTI AMC shares in IPO
Ø Goldman raises oil forecast on Opec output cuts
Ø Ships Recycling Bill sails through in Rajya Sabha
Ø Additional 2% export benefits to end Dec 31
Ø Aluminium firms seek cut in input duties as production costs, imports swell
Ø Tea Board considering new export cess to fund promotion and marketing
Ø Mutual Funds' asset base hits Rs 27 trn, bank, PSU funds top allocation
Ø NSE asks investors to be careful in executing PoA with stock brokers
Ø Tata Steel asks LGBTQ+ employees to declare partners, avail HR benefits
Business Line
Mint
Ø Investors lay siege to SEBI office, demand Karvy-like action against BMA Wealth
Ø No threat of job losses in auto sector: Minister tells RS
Ø PSU officers associations oppose BPCL disinvestment
Ø Sterling and Wilson Solar begins construction of 200 MW Solar Project in Australia
Ø Equity inflows into mutual funds dip to 41-month low
Ø HDFC to acquire remaining stake in education loan subsidiary for ₹395 crore
Ø Currency in circulation rises to ₹21 lakh cr as on March 2019: Govt
Ø India to witness 7% rise in job creation in Oct-Mar: Report
Ø Stride Ventures marks first close of ₹500 crore venture debt fund
Financial Express
Deccan Chronicle
Ø Farm wages growth fell to a four-quarter low in Q3 FY 20
Ø Japan upgrades 3Q GDP as consumer, business strength absorbs hit from trade
Ø WTO faces deepest existential crisis ahead of its silver jubilee
Ø GST Council may use cess route to boost revenue
Ø Glitches at BSE, NSE cause trouble for investors in OFS
Ø Coffee Day’s tech park sale stalls over Yes Bank nod
Ø Banks begin fact check on pledged securities
Ø Sensex rises 42 points; bank, auto stocks shine
By: via @AlliesFin Serve T.ME/ALLiESFiN
Ø YES Bank may say no Canadian billionaire's $1.2 billion offer
Ø Economy may soon get another booster dose
Ø CGST falls short of budget estimate by 40% in Apr-Nov
Ø Bank of Baroda to sell up to 1.04 crore UTI AMC shares in IPO
Ø Goldman raises oil forecast on Opec output cuts
Ø Ships Recycling Bill sails through in Rajya Sabha
Ø Additional 2% export benefits to end Dec 31
Ø Aluminium firms seek cut in input duties as production costs, imports swell
Ø Tea Board considering new export cess to fund promotion and marketing
Ø Mutual Funds' asset base hits Rs 27 trn, bank, PSU funds top allocation
Ø NSE asks investors to be careful in executing PoA with stock brokers
Ø Tata Steel asks LGBTQ+ employees to declare partners, avail HR benefits
Business Line
Mint
Ø Investors lay siege to SEBI office, demand Karvy-like action against BMA Wealth
Ø No threat of job losses in auto sector: Minister tells RS
Ø PSU officers associations oppose BPCL disinvestment
Ø Sterling and Wilson Solar begins construction of 200 MW Solar Project in Australia
Ø Equity inflows into mutual funds dip to 41-month low
Ø HDFC to acquire remaining stake in education loan subsidiary for ₹395 crore
Ø Currency in circulation rises to ₹21 lakh cr as on March 2019: Govt
Ø India to witness 7% rise in job creation in Oct-Mar: Report
Ø Stride Ventures marks first close of ₹500 crore venture debt fund
Financial Express
Deccan Chronicle
Ø Farm wages growth fell to a four-quarter low in Q3 FY 20
Ø Japan upgrades 3Q GDP as consumer, business strength absorbs hit from trade
Ø WTO faces deepest existential crisis ahead of its silver jubilee
Ø GST Council may use cess route to boost revenue
Ø Glitches at BSE, NSE cause trouble for investors in OFS
Ø Coffee Day’s tech park sale stalls over Yes Bank nod
Ø Banks begin fact check on pledged securities
Ø Sensex rises 42 points; bank, auto stocks shine
By: via @AlliesFin Serve T.ME/ALLiESFiN
Monday 9 December 2019
@AlliesFin Serve T.ME/ALLiESFiN's Post
9/12/2019
BSE:+42(40487)
NSE:+15(11937)
MID:+16(14683)
SML:-59(13281)
FII|FPI:+459Cr
DII:+75Cr
B.Crude: 63
Gold$:1468=INR:37672
Silver: 43596
Rs/$: 71.04
6.45 : 2029 G-Sec: 6.66
NSE PE: 27.82
By: via @AlliesFin Serve T.ME/ALLiESFiN
BSE:+42(40487)
NSE:+15(11937)
MID:+16(14683)
SML:-59(13281)
FII|FPI:+459Cr
DII:+75Cr
B.Crude: 63
Gold$:1468=INR:37672
Silver: 43596
Rs/$: 71.04
6.45 : 2029 G-Sec: 6.66
NSE PE: 27.82
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
Reliance Home Finance promoters invoked pledge of 20 lakh shares on Dec. 5
Dish TV promoter Direct Media Distribution invoked pledge of 31.2 lakh shares on Dec. 4
Reliance Infrastructure promoter Reliance Project Ventures released pledge of 1.23cr shares on Dec. 5
Trading Tweaks
Jain Irrigation Systems to move into ASM Framework
Sical Logistics, Talwalhars Better Value Fitness, Indiabulls Ventures, DHFL to move out of ASM Framework
Asian Oilfield Services, Jaypee Infratech, Nitco to move into short term ASM Framework
Allied Digital Services, HCL Infosystems, Tilaknagar Industries to move out of short term ASM Framework
Who’s Meeting Whom
Cipla to meet Sundaram MF, JP Morgan and other investors from Dec. 9-19
Tata Motors to meet ICICI Prudential MF, Tata AIG and other investors from Dec. 9-12
Tata Steel to meet FIL Investment Management on Dec. 13
Insider Trading
Alembic promoter Nirayu acquired 35,000 shares on Dec. 4
Nava Bharat Ventures promoter Ashwin Devineni acquired 1.3 lakh shares on Dec. 4
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By: via @AlliesFin Serve T.ME/ALLiESFiN
Dish TV promoter Direct Media Distribution invoked pledge of 31.2 lakh shares on Dec. 4
Reliance Infrastructure promoter Reliance Project Ventures released pledge of 1.23cr shares on Dec. 5
Trading Tweaks
Jain Irrigation Systems to move into ASM Framework
Sical Logistics, Talwalhars Better Value Fitness, Indiabulls Ventures, DHFL to move out of ASM Framework
Asian Oilfield Services, Jaypee Infratech, Nitco to move into short term ASM Framework
Allied Digital Services, HCL Infosystems, Tilaknagar Industries to move out of short term ASM Framework
Who’s Meeting Whom
Cipla to meet Sundaram MF, JP Morgan and other investors from Dec. 9-19
Tata Motors to meet ICICI Prudential MF, Tata AIG and other investors from Dec. 9-12
Tata Steel to meet FIL Investment Management on Dec. 13
Insider Trading
Alembic promoter Nirayu acquired 35,000 shares on Dec. 4
Nava Bharat Ventures promoter Ashwin Devineni acquired 1.3 lakh shares on Dec. 4
GET STOCK MARKET UPDATES ON MOBILE, JOIN
https://T.me/AlliesFin
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
@ALLiESFiN
Here are the stocks to watch in trade today:
Welspun Corp: In last one month, company has been awarded contracts for supply of 179 KMT of pipes for multiple projects on a global basis of which 161 KMT will be serviced from USA facility. The company’s order book stands at 1,459 KMT valued at approximately Rs 12,100 crore.
Dish TV: Care Ratings has cut ratings for the company’s banking facilities worth Rs 850 crore to CARE D from CARE A4+. Rating revised after the company defaulted in payment of short-term loan due on Nov. 28.
Axis Bank: Jairam Shridharan has resigned from the post of CFO. Bank said that it has started the succession plan. Jairam Sridharan’s notice period for 3 months.
Equitas Small Finance Bank approved issuance of 4.75 crore shares (4.51 percent) at Rs 52.68 per share aggregating to Rs 250 crore, by private placement to IIFL Group, High Conviction Fund and Trivantage Capital.
KNR Constructions has signed a concession agreement of HAM project with a bid cost of Rs 920 crore with NHAI.
ITC has acquired 11.15 percent stake in Delectable Technologies.
Punjab & Sind Bank: Board approved raising up to Rs 500 crore through QIP within a period of 12 months.
RSWM: Board to consider raising funds via issue of equity shares on Dec. 11.
Altico Capital has approved a cash distribution to all lenders in proportion to their respective overdue principal outstanding and interest accrued up to September 12. Company said it has defaulted in payment of obligations since September 12. (Bloomberg News)
MCX: Sanjay Wadhwa has resigned from the post of CFO with immediate effect.
Indian Oil Company and Can Fin Homes to list commercial papers on BSE for an issue size of Rs 4370 crore and Rs 300 crore, respectively.
8K Miles Software Services: Board has appointed K Gopal Rao as the new statutory auditor of the company. Company also approved setting up of wholly-owned arm in India for catering business pertaining to Healthcare IT.
Reliance Capital said that it has apprised the debenture holders of their legal position. Company has requested the debenture trustee to withdraw the proceedings initiated before the debt recovery tribunal and sought for a meeting of debenture holders to consider a resolution plan.
Mangalore Chemicals & Fertilizers: Vistra ITCL (Trustee for Zuari Agro Chemicals) increased its pledge from 41.55 percent to 50.55 in the company on Dec. 6.
Bank of India: Board approved issuance of 125 crore fresh equity shares via QIP and also approved raising Rs 10,000 crore via debt.
Goa Carbon Nov. Production up 7x at 15413.9 million tonne VS 2213.1 million tonne
Pokarna said that U.S. Department of Commerce has preliminarily determined anti-dumping duty of 2.62 percent on quarts surface products from company’s arm shipped to U.S. Company will take legal steps and said that it has not been engaged in dumping of quartz products in US.
Sagar Cements: Nov. sale down 23.46 percent at 241,195 million tonne vs 315,106 million tonne.
TTK Prestige aims to double turnover by FY24-25 (Financial Express)
KNR Construction received work order of Rs 165.7 crore from Hyderabad Municipal Corporation
NTPC has signed term loan of Rs 5,000 crore with SBI (PTI)
Dilip Buildcon received a completion certificate for EPC Project worth Rs 346.5 crore in Punjab.
Shailey Engineering Plastics said the GST authorities carried out search proceedings at the company's Rania Unit and the same has ended.
NBCC received government order worth Rs 621 crore in New Delhi where the company will work a project management consultant.
Allahabad Bank: Board approved raising Tier 2 capital of the Bank by raising bonds up to Rs 1,500 crore.
Oriental Bank of Commerce has reduced MCLR across various tenors with effect from Dec. 10. One Month MCLR at 7.75 percent and One Year MCLR at 8.3 percent.
Pledged Shares (As On Dec. 6)
Adani Ports & SEZ promoter SB Adani Family Trust revoked pledge of 62.6 lakh shares on Dec. 5
Reliance Capital: promoters released pledge of 83 lakh shares on Dec. 5
By: via @AlliesFin Serve T.ME/ALLiESFiN
Here are the stocks to watch in trade today:
Welspun Corp: In last one month, company has been awarded contracts for supply of 179 KMT of pipes for multiple projects on a global basis of which 161 KMT will be serviced from USA facility. The company’s order book stands at 1,459 KMT valued at approximately Rs 12,100 crore.
Dish TV: Care Ratings has cut ratings for the company’s banking facilities worth Rs 850 crore to CARE D from CARE A4+. Rating revised after the company defaulted in payment of short-term loan due on Nov. 28.
Axis Bank: Jairam Shridharan has resigned from the post of CFO. Bank said that it has started the succession plan. Jairam Sridharan’s notice period for 3 months.
Equitas Small Finance Bank approved issuance of 4.75 crore shares (4.51 percent) at Rs 52.68 per share aggregating to Rs 250 crore, by private placement to IIFL Group, High Conviction Fund and Trivantage Capital.
KNR Constructions has signed a concession agreement of HAM project with a bid cost of Rs 920 crore with NHAI.
ITC has acquired 11.15 percent stake in Delectable Technologies.
Punjab & Sind Bank: Board approved raising up to Rs 500 crore through QIP within a period of 12 months.
RSWM: Board to consider raising funds via issue of equity shares on Dec. 11.
Altico Capital has approved a cash distribution to all lenders in proportion to their respective overdue principal outstanding and interest accrued up to September 12. Company said it has defaulted in payment of obligations since September 12. (Bloomberg News)
MCX: Sanjay Wadhwa has resigned from the post of CFO with immediate effect.
Indian Oil Company and Can Fin Homes to list commercial papers on BSE for an issue size of Rs 4370 crore and Rs 300 crore, respectively.
8K Miles Software Services: Board has appointed K Gopal Rao as the new statutory auditor of the company. Company also approved setting up of wholly-owned arm in India for catering business pertaining to Healthcare IT.
Reliance Capital said that it has apprised the debenture holders of their legal position. Company has requested the debenture trustee to withdraw the proceedings initiated before the debt recovery tribunal and sought for a meeting of debenture holders to consider a resolution plan.
Mangalore Chemicals & Fertilizers: Vistra ITCL (Trustee for Zuari Agro Chemicals) increased its pledge from 41.55 percent to 50.55 in the company on Dec. 6.
Bank of India: Board approved issuance of 125 crore fresh equity shares via QIP and also approved raising Rs 10,000 crore via debt.
Goa Carbon Nov. Production up 7x at 15413.9 million tonne VS 2213.1 million tonne
Pokarna said that U.S. Department of Commerce has preliminarily determined anti-dumping duty of 2.62 percent on quarts surface products from company’s arm shipped to U.S. Company will take legal steps and said that it has not been engaged in dumping of quartz products in US.
Sagar Cements: Nov. sale down 23.46 percent at 241,195 million tonne vs 315,106 million tonne.
TTK Prestige aims to double turnover by FY24-25 (Financial Express)
KNR Construction received work order of Rs 165.7 crore from Hyderabad Municipal Corporation
NTPC has signed term loan of Rs 5,000 crore with SBI (PTI)
Dilip Buildcon received a completion certificate for EPC Project worth Rs 346.5 crore in Punjab.
Shailey Engineering Plastics said the GST authorities carried out search proceedings at the company's Rania Unit and the same has ended.
NBCC received government order worth Rs 621 crore in New Delhi where the company will work a project management consultant.
Allahabad Bank: Board approved raising Tier 2 capital of the Bank by raising bonds up to Rs 1,500 crore.
Oriental Bank of Commerce has reduced MCLR across various tenors with effect from Dec. 10. One Month MCLR at 7.75 percent and One Year MCLR at 8.3 percent.
Pledged Shares (As On Dec. 6)
Adani Ports & SEZ promoter SB Adani Family Trust revoked pledge of 62.6 lakh shares on Dec. 5
Reliance Capital: promoters released pledge of 83 lakh shares on Dec. 5
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
Economic Times
Business Standard
Ø India's real GDP growth in FY20 to come below 5%
Ø China exports fall in November, imports recover
Ø Maruti raises production by 4% in November
Ø Foreign borrowings jump to $3.41 billion in Oct
Ø CG Power seeks nod to borrow up to Rs 5,000 cr
Ø FPIs turn net sellers in Indian capital markets in Dec
Ø Bharti seeks Rs 4,900-cr FDI nod; infusion to make Airtel foreign firm
Ø 373 infrastructure projects hit by cost overruns of Rs 3.89 trn: Report
Ø Paper to capture 25% of the Rs 80,000 cr single-use plastics market by 2025
Ø NTT targets $1 billion revenue from India operations in next two years
Ø SC orders interim stay on NCLAT order on Orchid Pharma resolution process
Business Line
Mint
Ø India Inc’s overseas borrowings jump over two-fold to $3.41 bn in October
Ø Government looking at deploying larger funds for startups: Piyush Goyal
Ø NTPC signs pact for ₹5,000-crore term loan with SBI
Ø New household consumer expenditure survey to begin in July
Ø Reliance’s biotech arm eyes tie-ups to enter diagnostics business
Ø Canadian pension funds eye private debt space in India
Ø Amid tariff war, China's exports to US fall 23% to $35.6 bn
Ø Welspun Group promoters buy majority stake in One Industrial
Ø Govt plan to allow EPF-NPS portability may be junked
Financial Express
Deccan Chronicle
Ø India Inc’s foreign borrowings grew over two-fold in October
Ø India’s Paper industry likely to acquire 25% market share of single use plastics market by 2025
Ø Average customer unlikely to pay for outgoing calls, says Reliance Jio
Ø Financial sector fragilities taming growth
By: via @AlliesFin Serve T.ME/ALLiESFiN
Business Standard
Ø India's real GDP growth in FY20 to come below 5%
Ø China exports fall in November, imports recover
Ø Maruti raises production by 4% in November
Ø Foreign borrowings jump to $3.41 billion in Oct
Ø CG Power seeks nod to borrow up to Rs 5,000 cr
Ø FPIs turn net sellers in Indian capital markets in Dec
Ø Bharti seeks Rs 4,900-cr FDI nod; infusion to make Airtel foreign firm
Ø 373 infrastructure projects hit by cost overruns of Rs 3.89 trn: Report
Ø Paper to capture 25% of the Rs 80,000 cr single-use plastics market by 2025
Ø NTT targets $1 billion revenue from India operations in next two years
Ø SC orders interim stay on NCLAT order on Orchid Pharma resolution process
Business Line
Mint
Ø India Inc’s overseas borrowings jump over two-fold to $3.41 bn in October
Ø Government looking at deploying larger funds for startups: Piyush Goyal
Ø NTPC signs pact for ₹5,000-crore term loan with SBI
Ø New household consumer expenditure survey to begin in July
Ø Reliance’s biotech arm eyes tie-ups to enter diagnostics business
Ø Canadian pension funds eye private debt space in India
Ø Amid tariff war, China's exports to US fall 23% to $35.6 bn
Ø Welspun Group promoters buy majority stake in One Industrial
Ø Govt plan to allow EPF-NPS portability may be junked
Financial Express
Deccan Chronicle
Ø India Inc’s foreign borrowings grew over two-fold in October
Ø India’s Paper industry likely to acquire 25% market share of single use plastics market by 2025
Ø Average customer unlikely to pay for outgoing calls, says Reliance Jio
Ø Financial sector fragilities taming growth
By: via @AlliesFin Serve T.ME/ALLiESFiN
Friday 6 December 2019
@AlliesFin Serve T.ME/ALLiESFiN's Post
#spot #nifty sustaining and close below 11969 could trigger next round of profit booking in markets.
Stay Humble, Stay Light...
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Stay Humble, Stay Light...
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
#nifty spot 11969 support and 12060 resistance, till then range bound move.
#stock specific action
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#stock specific action
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@AlliesFin Serve T.ME/ALLiESFiN's Post
The number of Americans who applied for unemployment benefits at the end of November fell to the lowest level in seven months and returned close to a 50-year low, but the sharp decline in jobless claims likely stems in part from the Thanksgiving holiday.
*U.S factory orders rose 0.3% in October, the Commerce Department said Thursday, for the first gain in three months.
The market now awaits the monthly U.S. Labor Department report on payrolls and unemployment due Friday. The MarketWatch consensus forecast is for a gain of 180,000 jobs in November.*
Traders also awaited Friday’s U.S. jobs report, which may signal that both the labor market and consumers remain buoyant enough to sustain the expansion. That would validate Federal Reserve Chairman Jerome Powell’s view that rates can stay on hold following three cuts. But it could also reduce the urgency for a deal with China, given that escalating levies have so far failed to significantly dent employment.
“Should the jobs report come in reasonably healthy and the trade negotiations keep moving forward, December will also likely be a better month than the headlines at the start of the month suggested,” Brad McMillan, chief investment officer at Commonwealth Financial Network, said. “December is historically a strong month for markets, and a Santa Claus rally remains possible, despite the volatility at the start of the month.
Elsewhere, oil swung between gains and losses as OPEC reached an agreement that adjusts its official production targets, but removes few barrels from a market that’s forecast to return to surplus early next year.
OPEC and its allies have recommended cutting production by 500,000 barrels a day, on top of the current output-cut agreement, ahead of the official gatherings of major oil producers in Vienna over the next two days.
Nike Inc gained 2.2% following Goldman Sachs’ upgrade of the sportswear maker’s stock to “buy” from “neutral.”
Volume on U.S. exchanges was 6.42 billion shares, compared with the 6.71 billion average over the last 20 trading days.
Here are some key events coming up this week :
• U.S. Labor Department figures are set to show Friday that 184,000 workers were added to nonfarm payrolls last month -- one of the highest estimates this year ahead of a jobs report.
Currencies :
• The Bloomberg Dollar Spot Index declined 0.2%.
• The euro climbed 0.2% to $1.1098.
• The Japanese yen strengthened 0.1% to 108.77 per dollar.
Bonds :
• The yield on 10-year Treasuries climbed two basis points to 1.80%.
• Germany’s 10-year yield advanced two basis points to -0.29%.
• Britain’s 10-year yield increased three basis points to 0.773%.
Commodities :
• The Bloomberg Commodity Index gained 0.3%.
• West Texas Intermediate crude settled at $58.43 barrel.
• Gold advanced 0.1% to $1,481.20 an ounce.
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*U.S factory orders rose 0.3% in October, the Commerce Department said Thursday, for the first gain in three months.
The market now awaits the monthly U.S. Labor Department report on payrolls and unemployment due Friday. The MarketWatch consensus forecast is for a gain of 180,000 jobs in November.*
Traders also awaited Friday’s U.S. jobs report, which may signal that both the labor market and consumers remain buoyant enough to sustain the expansion. That would validate Federal Reserve Chairman Jerome Powell’s view that rates can stay on hold following three cuts. But it could also reduce the urgency for a deal with China, given that escalating levies have so far failed to significantly dent employment.
“Should the jobs report come in reasonably healthy and the trade negotiations keep moving forward, December will also likely be a better month than the headlines at the start of the month suggested,” Brad McMillan, chief investment officer at Commonwealth Financial Network, said. “December is historically a strong month for markets, and a Santa Claus rally remains possible, despite the volatility at the start of the month.
Elsewhere, oil swung between gains and losses as OPEC reached an agreement that adjusts its official production targets, but removes few barrels from a market that’s forecast to return to surplus early next year.
OPEC and its allies have recommended cutting production by 500,000 barrels a day, on top of the current output-cut agreement, ahead of the official gatherings of major oil producers in Vienna over the next two days.
Nike Inc gained 2.2% following Goldman Sachs’ upgrade of the sportswear maker’s stock to “buy” from “neutral.”
Volume on U.S. exchanges was 6.42 billion shares, compared with the 6.71 billion average over the last 20 trading days.
Here are some key events coming up this week :
• U.S. Labor Department figures are set to show Friday that 184,000 workers were added to nonfarm payrolls last month -- one of the highest estimates this year ahead of a jobs report.
Currencies :
• The Bloomberg Dollar Spot Index declined 0.2%.
• The euro climbed 0.2% to $1.1098.
• The Japanese yen strengthened 0.1% to 108.77 per dollar.
Bonds :
• The yield on 10-year Treasuries climbed two basis points to 1.80%.
• Germany’s 10-year yield advanced two basis points to -0.29%.
• Britain’s 10-year yield increased three basis points to 0.773%.
Commodities :
• The Bloomberg Commodity Index gained 0.3%.
• West Texas Intermediate crude settled at $58.43 barrel.
• Gold advanced 0.1% to $1,481.20 an ounce.
GET STOCK MARKET ALERTS ON MOBILE,
JOIN
https://T.me/AlliesFin
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@AlliesFin Serve T.ME/ALLiESFiN's Post
@ALLIESFIN
Sensex: 40780 (-71) (-0.17%)
Nifty: 12018 (-25) (-0.21%)
Dow: 27678: +28: +0.10%
S&P: 3117: +5: +0.16%
Nas: 8571: +4: +0.06%
Brazil: 110622: +321: +0.29%
Ftse: 7138 (-51) (-0.70%)
Dax: 13055 (-86) (-0.66%)
Cac: 5802: +2: +0.03%
WTI Oil: $58.33 (-0.17%)
Brnt: $63.28: +0.44%
Gold: $1481: +0.06%
Silver: $17.02: +0.64%
Copper: $266.65: +0.28%
Eur-$: 1.1106
GBP-$: 1.3163
$-Jpy: 108.74
Re: 71.2900 (-0.34%)
US10yr: 1.81%
GIND10YR: 6.61: +2.26%
$ Index: 97.3830 (-0.27%)
Vix: 14.52 (-1.89%)
BalticDry: 1599 (-7) (-0.44%)
ADR/GDR :
Cogni (-0.30%)
Infy: +0.30%
Wit (-0.27%)
IciciBk ()
HdfcBk: +0.08%
DrRdy (-0.25%)
TataMot (-2.28%)
Vedanta (-0.62%)
TatSt (-1.40%)
Axis (-1.15%)
SBI (-2.70%)
RIGD (-0.46%)
INDA (-0.09%) (IShares MSCI INDIA ETF)
INDY: +0.13% (IShares MSCI INDIA 50 ETF)
EPI (-0.16%) (Wisdom Tree India Earning)
U.S. stocks fluctuated as investors weighed the chances that the Trump administration will scrap a tariff hike on Chinese goods scheduled for Dec. 15 and investors digested strong employment data. Treasuries and the dollar declined.: Bloomberg
U.S. stocks recovered from a morning slide and moved higher to close in the black on Thursday as investors remained optimistic about prospects for a U.S.-China trade deal despite a looming deadline for the imposition of fresh import tariffs by President Donald Trump.: MW
As of Thursday’s close, all three indexes will still close at the week lower: the Dow is still on track to decline 1.3%, the S&P 500 is poised for a 0.7% skid, and the Nasdaq Composite will see a decline of 1.1%.
The S&P 500 Index was almost flat after a news report that the U.S. and China remained at odds over the value of farm purchases. Equities briefly rose after President Donald Trump’s remarks that negotiations with China were “moving along well.” Treasury yields climbed as data showed U.S. jobless claims slumped to a seven-month low, signaling resilience in the labor market ahead of Friday’s jobs report. Oil got whipsawed as OPEC ministers gathered to discuss output cuts.
Tech stocks led all three major U.S. stock averages marginally into the black following upbeat statements from President Donald Trump and Treasury Secretary Steven Mnuchin that the U.S.-China trade negotiations are “on track” and “going well.”
China and the U.S. have 10 days to reach a trade deal before additional U.S. tariffs on Chinese goods take effect. Those levies would target an additional $156 billion in Chinese goods.
Trump said Thursday that something could happen regarding those tariffs, but added they are not discussing that yet. He also reiterated that trade talks between the two countries were going well.
Investors are still optimistic about a U.S. - China trade deal after a spokesman for China’s Ministry of Commerce, Gao Feng, said at a weekly briefing on Thursday that negotiations toward a so-called phase-one pact to cease tariff hostilities between the world’s largest economies are progressing. However, Feng emphasized that China wants a rollback of existing tariffs to be included as a part of any resolution.
But as the Wall Street Journal reported Thursday, the value of the farm goods China will buy from the U.S. is still an issue. President Trump is said to want a $40 to $50 billion a year pace of purchasing, twice as much as China bought before the trade war began in 2018.
Market participants appeared to shrug off the drama unfolding in Washington as the U.S. House of Representatives prepared to draft articles of impeachment against President Donald Trump.
In U.S. economic data, the nation’s trade deficit dropped almost 8% in October to a 16-month low, largely because of lower imports from China, but the U.S. is on track to record the biggest annual trade deficit in 11 years despite President Trump’s trade war with China.
By: via @AlliesFin Serve T.ME/ALLiESFiN
Sensex: 40780 (-71) (-0.17%)
Nifty: 12018 (-25) (-0.21%)
Dow: 27678: +28: +0.10%
S&P: 3117: +5: +0.16%
Nas: 8571: +4: +0.06%
Brazil: 110622: +321: +0.29%
Ftse: 7138 (-51) (-0.70%)
Dax: 13055 (-86) (-0.66%)
Cac: 5802: +2: +0.03%
WTI Oil: $58.33 (-0.17%)
Brnt: $63.28: +0.44%
Gold: $1481: +0.06%
Silver: $17.02: +0.64%
Copper: $266.65: +0.28%
Eur-$: 1.1106
GBP-$: 1.3163
$-Jpy: 108.74
Re: 71.2900 (-0.34%)
US10yr: 1.81%
GIND10YR: 6.61: +2.26%
$ Index: 97.3830 (-0.27%)
Vix: 14.52 (-1.89%)
BalticDry: 1599 (-7) (-0.44%)
ADR/GDR :
Cogni (-0.30%)
Infy: +0.30%
Wit (-0.27%)
IciciBk ()
HdfcBk: +0.08%
DrRdy (-0.25%)
TataMot (-2.28%)
Vedanta (-0.62%)
TatSt (-1.40%)
Axis (-1.15%)
SBI (-2.70%)
RIGD (-0.46%)
INDA (-0.09%) (IShares MSCI INDIA ETF)
INDY: +0.13% (IShares MSCI INDIA 50 ETF)
EPI (-0.16%) (Wisdom Tree India Earning)
U.S. stocks fluctuated as investors weighed the chances that the Trump administration will scrap a tariff hike on Chinese goods scheduled for Dec. 15 and investors digested strong employment data. Treasuries and the dollar declined.: Bloomberg
U.S. stocks recovered from a morning slide and moved higher to close in the black on Thursday as investors remained optimistic about prospects for a U.S.-China trade deal despite a looming deadline for the imposition of fresh import tariffs by President Donald Trump.: MW
As of Thursday’s close, all three indexes will still close at the week lower: the Dow is still on track to decline 1.3%, the S&P 500 is poised for a 0.7% skid, and the Nasdaq Composite will see a decline of 1.1%.
The S&P 500 Index was almost flat after a news report that the U.S. and China remained at odds over the value of farm purchases. Equities briefly rose after President Donald Trump’s remarks that negotiations with China were “moving along well.” Treasury yields climbed as data showed U.S. jobless claims slumped to a seven-month low, signaling resilience in the labor market ahead of Friday’s jobs report. Oil got whipsawed as OPEC ministers gathered to discuss output cuts.
Tech stocks led all three major U.S. stock averages marginally into the black following upbeat statements from President Donald Trump and Treasury Secretary Steven Mnuchin that the U.S.-China trade negotiations are “on track” and “going well.”
China and the U.S. have 10 days to reach a trade deal before additional U.S. tariffs on Chinese goods take effect. Those levies would target an additional $156 billion in Chinese goods.
Trump said Thursday that something could happen regarding those tariffs, but added they are not discussing that yet. He also reiterated that trade talks between the two countries were going well.
Investors are still optimistic about a U.S. - China trade deal after a spokesman for China’s Ministry of Commerce, Gao Feng, said at a weekly briefing on Thursday that negotiations toward a so-called phase-one pact to cease tariff hostilities between the world’s largest economies are progressing. However, Feng emphasized that China wants a rollback of existing tariffs to be included as a part of any resolution.
But as the Wall Street Journal reported Thursday, the value of the farm goods China will buy from the U.S. is still an issue. President Trump is said to want a $40 to $50 billion a year pace of purchasing, twice as much as China bought before the trade war began in 2018.
Market participants appeared to shrug off the drama unfolding in Washington as the U.S. House of Representatives prepared to draft articles of impeachment against President Donald Trump.
In U.S. economic data, the nation’s trade deficit dropped almost 8% in October to a 16-month low, largely because of lower imports from China, but the U.S. is on track to record the biggest annual trade deficit in 11 years despite President Trump’s trade war with China.
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
CIRCUIT CHANGES
From 5% to 20%
CCD, GVK Power, Hathway Cable & Datacom, Patel Engineering, Shilpa Medicare
From 10% to 20%
63 Moons Technologies, Apex Frozen Foods, Corporation Bank, Essel Propack ,ITDC , UCO Bank, United Bank of India, V2 Retai
By: via @AlliesFin Serve T.ME/ALLiESFiN
From 5% to 20%
CCD, GVK Power, Hathway Cable & Datacom, Patel Engineering, Shilpa Medicare
From 10% to 20%
63 Moons Technologies, Apex Frozen Foods, Corporation Bank, Essel Propack ,ITDC , UCO Bank, United Bank of India, V2 Retai
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
Clearing Price of Rs 3175.00 fixed for Retail Bidding in HDFC Asset Management Company Ltd
By: via @AlliesFin Serve T.ME/ALLiESFiN
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@AlliesFin Serve T.ME/ALLiESFiN's Post
Business Standard
Ø Government approves allocation of 5 coal blocks
Ø RBI set to tighten screws on co-op banks
Ø Govt withdraws GST Circular on back office services
Ø S&P keeps Airtel rating on negative watch
Ø Payment banks can convert into small finance banks after 5 years
Ø Maha govt wants PMC Bank to merge with MSC Bank
Ø RBI unexpectedly hits pause on rate cut; lowers FY20 GDP forecast to 5%
Ø Base year for calculating GDP revised due to socio-economic changes: Govt
Ø Moody's downgrades Yes Bank's ratings, assigns negative outlook
Ø Nestle India prepares the ground as HUL-GSK Consumer merger nears
Ø M&M buys 36.6% in Meru for Rs 44.71 cr, to appoint majority of directors
Business Line
Mint
Ø Cardekho raises $70 million in Series D funding from Chinese, European investors
Ø Oil marketing firms’ bid to encourage alternative fuels
Ø Canada Pension Plan Investment Board to invest up to $600 million in NIIF
Ø CSIR, BHEL sign pact to develop and market technologies
Ø Zydus Cadila files application for liver disease drug
Ø Saudi Aramco raises $25.6 billion in world’s biggest IPO
Ø Billionaire Lawrence Stroll seeks big stake in Aston Martin: Report
Ø Tata Motors board approves ordinary shares, warrants to Tata Sons
Ø Infra and manufacturing sectors disappointed with RBI's policy stance
Ø DHFL insolvency process starts, investors' claims sought
Financial Express
Deccan Chronicle
Ø Fitch Ratings says Indian banks to write off more loans
Ø Rajya Sabha nod to lower corporate tax rates
Ø 15th Finance Commission submits its report for 2020-21 to President
Ø No way privately-issued digital currencies can be allowed: RBI Governor Shaktikanta Das
Ø Corporate lending witnessing lack of demand: SBI
Ø NBFCs, MFIs & co-ops can now become SFBs
Ø P2P lending limit raised to Rs 50 lakh
Ø Markets end lower in a see-saw trade as RBI surprises with status quo
By: via @AlliesFin Serve T.ME/ALLiESFiN
Ø Government approves allocation of 5 coal blocks
Ø RBI set to tighten screws on co-op banks
Ø Govt withdraws GST Circular on back office services
Ø S&P keeps Airtel rating on negative watch
Ø Payment banks can convert into small finance banks after 5 years
Ø Maha govt wants PMC Bank to merge with MSC Bank
Ø RBI unexpectedly hits pause on rate cut; lowers FY20 GDP forecast to 5%
Ø Base year for calculating GDP revised due to socio-economic changes: Govt
Ø Moody's downgrades Yes Bank's ratings, assigns negative outlook
Ø Nestle India prepares the ground as HUL-GSK Consumer merger nears
Ø M&M buys 36.6% in Meru for Rs 44.71 cr, to appoint majority of directors
Business Line
Mint
Ø Cardekho raises $70 million in Series D funding from Chinese, European investors
Ø Oil marketing firms’ bid to encourage alternative fuels
Ø Canada Pension Plan Investment Board to invest up to $600 million in NIIF
Ø CSIR, BHEL sign pact to develop and market technologies
Ø Zydus Cadila files application for liver disease drug
Ø Saudi Aramco raises $25.6 billion in world’s biggest IPO
Ø Billionaire Lawrence Stroll seeks big stake in Aston Martin: Report
Ø Tata Motors board approves ordinary shares, warrants to Tata Sons
Ø Infra and manufacturing sectors disappointed with RBI's policy stance
Ø DHFL insolvency process starts, investors' claims sought
Financial Express
Deccan Chronicle
Ø Fitch Ratings says Indian banks to write off more loans
Ø Rajya Sabha nod to lower corporate tax rates
Ø 15th Finance Commission submits its report for 2020-21 to President
Ø No way privately-issued digital currencies can be allowed: RBI Governor Shaktikanta Das
Ø Corporate lending witnessing lack of demand: SBI
Ø NBFCs, MFIs & co-ops can now become SFBs
Ø P2P lending limit raised to Rs 50 lakh
Ø Markets end lower in a see-saw trade as RBI surprises with status quo
By: via @AlliesFin Serve T.ME/ALLiESFiN
Thursday 5 December 2019
@AlliesFin Serve T.ME/ALLiESFiN's Post
TATA STOCKS ABOVE 200 DAYS MA,
TATA CONSULTANCY SERVICES
TATA ELXSI LTD
THIS IS JUST FOR INFO.
By: via @AlliesFin Serve T.ME/ALLiESFiN
TATA CONSULTANCY SERVICES
TATA ELXSI LTD
THIS IS JUST FOR INFO.
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
RBI POLICY: HIGHLIGHTS
RBI leaves repo rate unchanged at 5.15%. MPC maintains policy stance at “accommodative”
FY20 GDP growth forecast cut sharply to 5% from 6.1% projected earlier. 2H FY20 GDP growth seen at 4.9-5.5% versus 6.6-7.2% projected earlier
By: via @AlliesFin Serve T.ME/ALLiESFiN
RBI leaves repo rate unchanged at 5.15%. MPC maintains policy stance at “accommodative”
FY20 GDP growth forecast cut sharply to 5% from 6.1% projected earlier. 2H FY20 GDP growth seen at 4.9-5.5% versus 6.6-7.2% projected earlier
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
SPOT NIFTY ABV 12030 TO 12060,
untill trading above this is +ve sign till end of day it may inch higher.
By: via @AlliesFin Serve T.ME/ALLiESFiN
untill trading above this is +ve sign till end of day it may inch higher.
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
RBI policy on 5th December.
Announcement will be done at 11.45 AM
Press conference from 12 to 12.30 PM
By: via @AlliesFin Serve T.ME/ALLiESFiN
Announcement will be done at 11.45 AM
Press conference from 12 to 12.30 PM
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
*Mkt. Updates :*
*SGX Nifty -5 pts (12087) from last trade 12092 ,*
Nikkei +148 pts ,
Hangseng +238 pts ,
Now @7.00am .
Dow +146.97 pts ,Nsdq +46.03 pts , S&P +19.56 pts , Bovespa +1344 pts , Ftse +29 pts , Dax +151 pts , Cac +72 pts , Crude @ $58.41 brl (-0.02), Brent @ $63.03 brl (+2.21) , Gold @ 1481.10 (+0.90), Silver @ $16.797 (-0.00), Euro @ $1.108, JPY @ $108.84, INR @ 71.495
*US GOVT. 10-YEAR YIELD : 1.77%*
*Today's Corporate Action, 5th Dec Ex Date :*
BRNL
Dividend - Rs. - 0.5000
HCLTECH
Bonus issue 1:1
HEIDELBERG
Interim Dividend - Rs. - 1.5000
SAGRSOY-B
Reduction of Capital
THOMASCOOK
Spin Off
*Today's Board Meeting, Dec 5 :*
Bank Of India, to consider issue of equity shares.
Ceejay Finance Ltd, earnings for quarter ended September.
Inventure Growth & Securities Ltd, earnings for quarter ended September.
Khaitan India Ltd, earnings for quarter ended September, Postponed from Nov 21.
Naga Dhunseri Group Ltd, earnings for quarter ended September.
*Today's Data Alert :*
Dec 5 : RBI to release fifth bi-monthly monetary policy statement for 2019-20 (Apr-Mar). 1145 IST, Mumbai
Dec 5 : RBI's top management to address media post monetary policy. 1200 IST, Mumbai.
Dec 5 : RBI's top management to address researchers, analysts via teleconference. 1500 IST, Mumbai.
Dec 5 : Indian Sugar Mills Association President Pawar and Commission for Agricultural Costs and Prices Chairman Sharma to speak at 85th Annual General Meeting of ISMA at 1500 IST, New Delhi.
Dec 5 : OPEC's 177th meeting in Vienna, Austria. Members will discuss ways and means to restore stability in crude oil market.
Dec 5 : Chief Economic Advisor Subramanian to attend publication of OECD Economic Survey of India. 1000 IST. New Delhi.
By: via @AlliesFin Serve T.ME/ALLiESFiN
*SGX Nifty -5 pts (12087) from last trade 12092 ,*
Nikkei +148 pts ,
Hangseng +238 pts ,
Now @7.00am .
Dow +146.97 pts ,Nsdq +46.03 pts , S&P +19.56 pts , Bovespa +1344 pts , Ftse +29 pts , Dax +151 pts , Cac +72 pts , Crude @ $58.41 brl (-0.02), Brent @ $63.03 brl (+2.21) , Gold @ 1481.10 (+0.90), Silver @ $16.797 (-0.00), Euro @ $1.108, JPY @ $108.84, INR @ 71.495
*US GOVT. 10-YEAR YIELD : 1.77%*
*Today's Corporate Action, 5th Dec Ex Date :*
BRNL
Dividend - Rs. - 0.5000
HCLTECH
Bonus issue 1:1
HEIDELBERG
Interim Dividend - Rs. - 1.5000
SAGRSOY-B
Reduction of Capital
THOMASCOOK
Spin Off
*Today's Board Meeting, Dec 5 :*
Bank Of India, to consider issue of equity shares.
Ceejay Finance Ltd, earnings for quarter ended September.
Inventure Growth & Securities Ltd, earnings for quarter ended September.
Khaitan India Ltd, earnings for quarter ended September, Postponed from Nov 21.
Naga Dhunseri Group Ltd, earnings for quarter ended September.
*Today's Data Alert :*
Dec 5 : RBI to release fifth bi-monthly monetary policy statement for 2019-20 (Apr-Mar). 1145 IST, Mumbai
Dec 5 : RBI's top management to address media post monetary policy. 1200 IST, Mumbai.
Dec 5 : RBI's top management to address researchers, analysts via teleconference. 1500 IST, Mumbai.
Dec 5 : Indian Sugar Mills Association President Pawar and Commission for Agricultural Costs and Prices Chairman Sharma to speak at 85th Annual General Meeting of ISMA at 1500 IST, New Delhi.
Dec 5 : OPEC's 177th meeting in Vienna, Austria. Members will discuss ways and means to restore stability in crude oil market.
Dec 5 : Chief Economic Advisor Subramanian to attend publication of OECD Economic Survey of India. 1000 IST. New Delhi.
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
*Business Standard :*
Ø SBI to sell 8.25% stake in UTI MF via OFS
Ø SAT refuses relief to lenders in Karvy Broking case
Ø IL&FS reports Rs 22,527 crore loss for FY19
Ø 'India's cybersecurity market to touch $3 bn by 2022'
Ø Ashok Leyland announces non-working days for Dec
Ø Sebi action against auditors not 'turf war': Ajay Tyagi
Ø SAT asks NSE to take a decision on Karvy's licence suspension by Friday
Ø Anil Ambani firms' CoC to discuss Bharti Airtel's offer on Thursday
Ø Govt garnered Rs 2.03 trn revenue from Coal India in last 6 fiscals: Joshi
Ø Govt considering options to decontrol urea, says Fertiliser Minister
Ø Tata Power-ICICI Bank JV acquires UP based Prayagraj power project
Business Line
*Mint :*
Ø Cabinet approves Fourth Code of labour laws, land monetisation
Ø SAIL records 36 per cent growth in sales during November 2019
Ø Oil marketing firms’ bid to encourage alternative fuels
Ø Indian clothing market likely to be worth $53.7 billion in 2020
Ø Sembcorp to buy out Gayatri Energy’s stake in India venture
Ø US, China move closer to trade deal despite harsh rhetoric
Ø Bharat Bond ETF cleared, paves way for retail funds in corporate debt
Ø Ujjivan Small Finance Bank IPO sees highest subscription in 2019 at 170 times
Ø Sembcorp buys out Gayatri Projects' 5.95% stake in its subsidiary for ₹406 cr
Ø FMCG sales on e-commerce sites to touch $4 billion by 2022: Nielsen
Financial Express
*Deccan Chronicle :*
Ø OPEC nations grapple with oversupply of oil
Ø GST Council to review revenue position, compensation cess on December 18
Ø Coca-Cola’s in-house bottling arm to transfer operations in north India to franchisees
Ø Govt to launch first debt exchange-traded fund
Ø India's services industry returns to growth in November on strong demand: PMI
Ø Bharti Airtel board approves raising up to USD 4 billion
Ø United Breweries steps into craft beer market
By: via @AlliesFin Serve T.ME/ALLiESFiN
Ø SBI to sell 8.25% stake in UTI MF via OFS
Ø SAT refuses relief to lenders in Karvy Broking case
Ø IL&FS reports Rs 22,527 crore loss for FY19
Ø 'India's cybersecurity market to touch $3 bn by 2022'
Ø Ashok Leyland announces non-working days for Dec
Ø Sebi action against auditors not 'turf war': Ajay Tyagi
Ø SAT asks NSE to take a decision on Karvy's licence suspension by Friday
Ø Anil Ambani firms' CoC to discuss Bharti Airtel's offer on Thursday
Ø Govt garnered Rs 2.03 trn revenue from Coal India in last 6 fiscals: Joshi
Ø Govt considering options to decontrol urea, says Fertiliser Minister
Ø Tata Power-ICICI Bank JV acquires UP based Prayagraj power project
Business Line
*Mint :*
Ø Cabinet approves Fourth Code of labour laws, land monetisation
Ø SAIL records 36 per cent growth in sales during November 2019
Ø Oil marketing firms’ bid to encourage alternative fuels
Ø Indian clothing market likely to be worth $53.7 billion in 2020
Ø Sembcorp to buy out Gayatri Energy’s stake in India venture
Ø US, China move closer to trade deal despite harsh rhetoric
Ø Bharat Bond ETF cleared, paves way for retail funds in corporate debt
Ø Ujjivan Small Finance Bank IPO sees highest subscription in 2019 at 170 times
Ø Sembcorp buys out Gayatri Projects' 5.95% stake in its subsidiary for ₹406 cr
Ø FMCG sales on e-commerce sites to touch $4 billion by 2022: Nielsen
Financial Express
*Deccan Chronicle :*
Ø OPEC nations grapple with oversupply of oil
Ø GST Council to review revenue position, compensation cess on December 18
Ø Coca-Cola’s in-house bottling arm to transfer operations in north India to franchisees
Ø Govt to launch first debt exchange-traded fund
Ø India's services industry returns to growth in November on strong demand: PMI
Ø Bharti Airtel board approves raising up to USD 4 billion
Ø United Breweries steps into craft beer market
By: via @AlliesFin Serve T.ME/ALLiESFiN
Wednesday 4 December 2019
@AlliesFin Serve T.ME/ALLiESFiN's Post
It's QE at Egypt. India may have same for domestic revamp...
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@AlliesFin Serve T.ME/ALLiESFiN's Post
"Egypt Vows $6 Billion to Support Industry as Part of Economic Revamp"
https://www.investing.com/news/world-news/egypt-vows-6-billion-to-support-industry-as-part-of-economic-revamp-2033627
By: via @AlliesFin Serve T.ME/ALLiESFiN
https://www.investing.com/news/world-news/egypt-vows-6-billion-to-support-industry-as-part-of-economic-revamp-2033627
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@AlliesFin Serve T.ME/ALLiESFiN's Post
Join Stock Market Channel on Telegram via link
https://t.me/AlliesFin
Share this link with Family Friends and Collegues...
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https://t.me/AlliesFin
Share this link with Family Friends and Collegues...
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@AlliesFin Serve T.ME/ALLiESFiN's Post
4/12/2019
BSE:+174(40850)
NSE:+49(12043)
MID:+76(14903)
SML:+43(13452)
FII|FPI:-781Cr
DII:+904Cr
B.Crude: 61
Gold$:1476=INR:38300
Silver: 44715
Rs/$: 71.67
6.45 : 2029 G-Sec: 6.46
NSE PE: 28.07
By: via @AlliesFin Serve T.ME/ALLiESFiN
BSE:+174(40850)
NSE:+49(12043)
MID:+76(14903)
SML:+43(13452)
FII|FPI:-781Cr
DII:+904Cr
B.Crude: 61
Gold$:1476=INR:38300
Silver: 44715
Rs/$: 71.67
6.45 : 2029 G-Sec: 6.46
NSE PE: 28.07
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
DESPITE GLOBAL HEADWINDS SPOT NIFTY TAKING SUPPORT AROUND 11969 LEVELS. +/- 20 PTS
FOR BREAKOUT 12030 TO 12060 RANGE.
By: via @AlliesFin Serve T.ME/ALLiESFiN
FOR BREAKOUT 12030 TO 12060 RANGE.
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
Economic Times
Business Standard
Ø India's growth likely reached a trough: Goldman Sachs
Ø S&P reaffirms India’s sovereign rating at BBB
Ø Jaypee Infra: NBCC, Suraksha Realty place final bids
Ø RBI MPC starts deliberations on monetary policy
Ø Global uncertainty could push 7 mn in India to poverty
Ø Standard Life to sell 2.23% stake in HDFC AMC
Ø White House considered kicking Huawei out of US banking system: Sources
Ø Japan preparing $120 billion stimulus package to bolster fragile economy
Ø SAT asks NSDL to hold back remaining stocks of Karvy Broking clients
Ø Statistical Commission to discuss junked consumer spending report on Dec 4
Ø State-run banks lent Rs 4.14 trn to NBFCs, housing financiers in one year
Ø Advent, Temasek divest stakes in Crompton Greaves worth Rs 1,275 cr
Business Line
Mint
Ø Govt mulls easing foreign control rule to aid Air India sale
Ø Coal India output falls 4% in November
Ø Sugar mills’ production falls 54% to 18.85 lakh tonnes till Nov 30
Ø Transasia to acquire facility in Brazil to sell diagnostic products locally
Ø JSW Steel expects Rs 600 crore TMT bar supply to metro projects
Ø Mudra NPAs at 2.86% in FY19, says Anurag Thakur
Ø 10,860 cases under IBC pending before NCLT at end of September: Govt
Ø 51 absconders who left country defrauded over ₹17,900 cr; CBI probing: Govt
Ø 92,700 BSNL, MTNL employees opt for voluntary retirement
Ø IT department issues ₹1.46 trillion in refunds till November end
Ø Eris Lifesciences buys anti-diabetes novel drug Zomelis in India for $13 million
Financial Express
Deccan Chronicle
Ø Income Tax dept reports 23% growth in refunds till Nov 28
Ø Disinvestment: Govt plans offer for sales route in six CPSEs, including Coal India
Ø Company directors may be on govt’s watch list; 19 lakh directors already axed so far
Ø Sitharaman to meet state FMs today: Steps to boost GST revenue on agenda
Ø Reliance Infra invokes RPower's 10.19 cr pledged shares
Ø Donald Trump sees no deadline for a China trade deal
Ø Thomas Cook gets brand right for India, Sri Lanka
Ø Rupee settles flat at 71.66 against US dollar
Ø Sensex slips over 126 points; metal stocks drag
By: via @AlliesFin Serve T.ME/ALLiESFiN
Business Standard
Ø India's growth likely reached a trough: Goldman Sachs
Ø S&P reaffirms India’s sovereign rating at BBB
Ø Jaypee Infra: NBCC, Suraksha Realty place final bids
Ø RBI MPC starts deliberations on monetary policy
Ø Global uncertainty could push 7 mn in India to poverty
Ø Standard Life to sell 2.23% stake in HDFC AMC
Ø White House considered kicking Huawei out of US banking system: Sources
Ø Japan preparing $120 billion stimulus package to bolster fragile economy
Ø SAT asks NSDL to hold back remaining stocks of Karvy Broking clients
Ø Statistical Commission to discuss junked consumer spending report on Dec 4
Ø State-run banks lent Rs 4.14 trn to NBFCs, housing financiers in one year
Ø Advent, Temasek divest stakes in Crompton Greaves worth Rs 1,275 cr
Business Line
Mint
Ø Govt mulls easing foreign control rule to aid Air India sale
Ø Coal India output falls 4% in November
Ø Sugar mills’ production falls 54% to 18.85 lakh tonnes till Nov 30
Ø Transasia to acquire facility in Brazil to sell diagnostic products locally
Ø JSW Steel expects Rs 600 crore TMT bar supply to metro projects
Ø Mudra NPAs at 2.86% in FY19, says Anurag Thakur
Ø 10,860 cases under IBC pending before NCLT at end of September: Govt
Ø 51 absconders who left country defrauded over ₹17,900 cr; CBI probing: Govt
Ø 92,700 BSNL, MTNL employees opt for voluntary retirement
Ø IT department issues ₹1.46 trillion in refunds till November end
Ø Eris Lifesciences buys anti-diabetes novel drug Zomelis in India for $13 million
Financial Express
Deccan Chronicle
Ø Income Tax dept reports 23% growth in refunds till Nov 28
Ø Disinvestment: Govt plans offer for sales route in six CPSEs, including Coal India
Ø Company directors may be on govt’s watch list; 19 lakh directors already axed so far
Ø Sitharaman to meet state FMs today: Steps to boost GST revenue on agenda
Ø Reliance Infra invokes RPower's 10.19 cr pledged shares
Ø Donald Trump sees no deadline for a China trade deal
Ø Thomas Cook gets brand right for India, Sri Lanka
Ø Rupee settles flat at 71.66 against US dollar
Ø Sensex slips over 126 points; metal stocks drag
By: via @AlliesFin Serve T.ME/ALLiESFiN
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JSW Steel Plans to Boost Metro Rail Supplies by 50% in FY20 - JSW Steel supplied 30000 tons bars for Metro Projects, JSW sees increase in FY20 Metro Rail suppliers to 1.5lakh tons - Positive for JSW Steel after a large order from Metro
Jindal Steel - Supreme Court refuses to allow sale of Jindal Iron Ore stock - Supreme Court panel refused to give an order allowing Jindal Steel & Power to lift or sell Rs2000cr worth of iron ore in the eastern state of Odisha. The state government of Odisha and Jindal Steel have been in dispute over royalty payment on the iron ore for more than 5 years. The state government of Odisha claims Rs980cr from Jindal Steel for lifting iron ore - Stock declined yesterday after the news ... we are long term positive on Jindal Steel
Maruti to raise prices across models in Jan 2020. ET reported that the M&M, Tata Motors also looking to hike prices from Jan 1 despite poor demand - Price hike will be positive for Maruti, Tata Motors and M&M
Cadila gets US FDA approval for Lorcaserin Hydrochloride tablets - Positive for Cadila
The govt had hinted that public sector firms such as IOC might not be allowed to bid for buying government stake in BPCL The Centre is firm on its plans to privatise various state-run companies including BPCL and debt-ridden Air India - Positive for economy to reduce fiscal deficit after stake sale on BPCL and exit loss making Air India.
IRB Infra to consider issue of non-convertible bonds on December 6 - Positive for IRB Infra
HDFC Bank Customers Face Technical Glitches For Second Straight Day - Some customers of India’s largest private lender HDFC Bank have been unable to access net banking services for the second straight day. On attempting to log-in or conduct transactions, customers have been faced with error messages - Bloomberg - stock declined 1% ... not yet impact on the stock... one of the best bank in India
SEBI order Dec 10 on Bajaj Finance plea in Karvy case, HDFC Bank, ICICI also go to SAT - The Securities and Appellate Tribunal (SAT) on Tuesday gave Sebi time till 10 December to pass an order in the plea filed by Bajaj Finance against the capital market regulator’s move to transfer pledged shares to clients of the troubled Karvy Stock Broking Sebi has estimated the total exposure of lenders to Karvy at Rs2,800cr, of which Bajaj Finance has an exposure of Rs345 cr. HDFC Bank, ICICI Bank and some other lenders also joined Bajaj Finance on Tuesday in its plea against the Sebi move - Wait for final outcome by SAT on 10th December.
Delta Corp - The Parliament on Tuesday passed a bill which seeks to merge two Union Territories - Daman and Diu, and Dadra and Nagar Haveli - into one unit. The Rajya Sabha passed the Dadra and Nagar Haveli and Daman and Diu (Merger of Union Territories) Bill - Expect positive on Delta as its resort located at Daman.
Nitco Ltd - Signing Of Non-Binding Term Sheet With Hines India Real Estate Pvt. Ltd - stock gained 5% after the news.
By: via @AlliesFin Serve T.ME/ALLiESFiN
Jindal Steel - Supreme Court refuses to allow sale of Jindal Iron Ore stock - Supreme Court panel refused to give an order allowing Jindal Steel & Power to lift or sell Rs2000cr worth of iron ore in the eastern state of Odisha. The state government of Odisha and Jindal Steel have been in dispute over royalty payment on the iron ore for more than 5 years. The state government of Odisha claims Rs980cr from Jindal Steel for lifting iron ore - Stock declined yesterday after the news ... we are long term positive on Jindal Steel
Maruti to raise prices across models in Jan 2020. ET reported that the M&M, Tata Motors also looking to hike prices from Jan 1 despite poor demand - Price hike will be positive for Maruti, Tata Motors and M&M
Cadila gets US FDA approval for Lorcaserin Hydrochloride tablets - Positive for Cadila
The govt had hinted that public sector firms such as IOC might not be allowed to bid for buying government stake in BPCL The Centre is firm on its plans to privatise various state-run companies including BPCL and debt-ridden Air India - Positive for economy to reduce fiscal deficit after stake sale on BPCL and exit loss making Air India.
IRB Infra to consider issue of non-convertible bonds on December 6 - Positive for IRB Infra
HDFC Bank Customers Face Technical Glitches For Second Straight Day - Some customers of India’s largest private lender HDFC Bank have been unable to access net banking services for the second straight day. On attempting to log-in or conduct transactions, customers have been faced with error messages - Bloomberg - stock declined 1% ... not yet impact on the stock... one of the best bank in India
SEBI order Dec 10 on Bajaj Finance plea in Karvy case, HDFC Bank, ICICI also go to SAT - The Securities and Appellate Tribunal (SAT) on Tuesday gave Sebi time till 10 December to pass an order in the plea filed by Bajaj Finance against the capital market regulator’s move to transfer pledged shares to clients of the troubled Karvy Stock Broking Sebi has estimated the total exposure of lenders to Karvy at Rs2,800cr, of which Bajaj Finance has an exposure of Rs345 cr. HDFC Bank, ICICI Bank and some other lenders also joined Bajaj Finance on Tuesday in its plea against the Sebi move - Wait for final outcome by SAT on 10th December.
Delta Corp - The Parliament on Tuesday passed a bill which seeks to merge two Union Territories - Daman and Diu, and Dadra and Nagar Haveli - into one unit. The Rajya Sabha passed the Dadra and Nagar Haveli and Daman and Diu (Merger of Union Territories) Bill - Expect positive on Delta as its resort located at Daman.
Nitco Ltd - Signing Of Non-Binding Term Sheet With Hines India Real Estate Pvt. Ltd - stock gained 5% after the news.
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Biocon - Biocon hopes to make a “major impact” in the $3-billion market for Trastuzumab biosimilar in the U.S., Chairman and Managing Director Kiran Mazumdar-Shaw said a day after the drug’s launch and Siddharth Mittal takes over as CEO and Joint MD - Positive for Biocon
Esser Steel – Arecelor Mittal told government that any future or ongoing prove into past dealing of the Ruia family should not impact assets of Essar Steel – Mittal wants to avoid a recurrence of any controversy akin to one involving Bhushan Power and Steel when the ED attached the firm assets after it was acquired by JSW Steel from NCLT – Positive for SBI and other PSU Banks to execute Esser Steel deal properly.
GST Council meeting will be held on 18th December as the GST Council is set to embark on a comprehensive review of the tax structure – Expect further rationalization of GST Tax rate
Max India - IRDA approves deal to sell Max Bupa to Fettle Tone - Max India holds 51% of Max Bupa's total issued and paid-up equity share capital, which it proposed to sell to True North Fund in the February notification. - Positive for Max Financial
Future Consumers names Rajnikanth Sabnavis as CEO - Positive development on Future Consumers
Caplin Point has been granted final approval from the USFDA for its Abbreviated New Drug Application (ANDA) Sodium Nitroprusside injection.
Thomas Cook India to buy rights to company brand in India, Sri Lanka for 1.50mn pound - Positive for Thomas Cook.
Bajaj Finance said that company’s current exposure to Karvy Stock Broking is approximately Rs 312 crore, which is against the pledge of listed shares. Company had filed an appeal before the Securities Appellate Tribunal against the unilateral action taken by NSDL for release of valid pledge created by Karvy Stock Broking pursuant to order of SEBI – Expect volatile on Bajaj Finance.
RBL Bank: Shareholders will meet on Dec. 27 to issue and allot equity shares on preferential basis – Expect volatile ahead of allotment and price of equity .
Eris Lifesciences acquired trademark ‘Zomelis’ from Novartis for Indian pharma market for $13 million – Positive for Eris Life.
Piramal Group: Piramal Pharma Solutions announced collaboration with BerGenBio on the development of FDA fast track designated Leukemia treatment (BN) – Positive for Pirmal Enterprises
Natco Pharma completed the acquisition 12.81 percent stake in OMRV Hospital for Rs 5 crore – Positive for Natco Pharma
Watch on Sical - Coffee Day group likely to sell majority stake in Sical – Coffee Day will repay debt from stake sale … positive development
Lakshmi Vilas Bank - Media news that the Capri Group lead by Rajesh Sharma bought 4.9% stake in Lakshmi Vilas Bank after the RBI turned down merger deal between it and Indiabull Housing Finance
Rating agency Moody’s Says Asian Steelmakers Profitability to Drop 5% in 2020 - Profitability of rated Asian steel producers will decline a further 5% next year after a drop of about 25% in 2019 as demand remains soft, steel prices fall and iron ore prices remain elevated - However, domestic demand is remain strong. We are long term positive on JSW Steel, Hindalco and Jindal Steel.,
Nifty declined nearly half percent to close two week low at below 12k (11994). Nifty dipped 157 points (1.3%) in the last three trading sessions on account of weak global cues as investors are cautious after the US decision to impose tariffs on Argentina and Brazil. Moreover, fresh trade war tensions along with unabated foreign fund outflows weighed heavily on the market sentiments. FIIs were net sellers over Rs4500cr in the last three trading sessions . Metal stocks witnessed biggest losers today.
Bharti Airtel - Watch on Bharti Airtel, company's board meeting will be held today ahead of fund raising plan - Company has declared tariff hike on 6th December from 20% to 40%.- We are positive on the stock.
United Spirits - Diageo-controlled liquor firm proposed a merger with its majority owned and listed subsidiary Pioneer Distilleries - Positive for United Spirits with merger of all units.
By: via @AlliesFin Serve T.ME/ALLiESFiN
Esser Steel – Arecelor Mittal told government that any future or ongoing prove into past dealing of the Ruia family should not impact assets of Essar Steel – Mittal wants to avoid a recurrence of any controversy akin to one involving Bhushan Power and Steel when the ED attached the firm assets after it was acquired by JSW Steel from NCLT – Positive for SBI and other PSU Banks to execute Esser Steel deal properly.
GST Council meeting will be held on 18th December as the GST Council is set to embark on a comprehensive review of the tax structure – Expect further rationalization of GST Tax rate
Max India - IRDA approves deal to sell Max Bupa to Fettle Tone - Max India holds 51% of Max Bupa's total issued and paid-up equity share capital, which it proposed to sell to True North Fund in the February notification. - Positive for Max Financial
Future Consumers names Rajnikanth Sabnavis as CEO - Positive development on Future Consumers
Caplin Point has been granted final approval from the USFDA for its Abbreviated New Drug Application (ANDA) Sodium Nitroprusside injection.
Thomas Cook India to buy rights to company brand in India, Sri Lanka for 1.50mn pound - Positive for Thomas Cook.
Bajaj Finance said that company’s current exposure to Karvy Stock Broking is approximately Rs 312 crore, which is against the pledge of listed shares. Company had filed an appeal before the Securities Appellate Tribunal against the unilateral action taken by NSDL for release of valid pledge created by Karvy Stock Broking pursuant to order of SEBI – Expect volatile on Bajaj Finance.
RBL Bank: Shareholders will meet on Dec. 27 to issue and allot equity shares on preferential basis – Expect volatile ahead of allotment and price of equity .
Eris Lifesciences acquired trademark ‘Zomelis’ from Novartis for Indian pharma market for $13 million – Positive for Eris Life.
Piramal Group: Piramal Pharma Solutions announced collaboration with BerGenBio on the development of FDA fast track designated Leukemia treatment (BN) – Positive for Pirmal Enterprises
Natco Pharma completed the acquisition 12.81 percent stake in OMRV Hospital for Rs 5 crore – Positive for Natco Pharma
Watch on Sical - Coffee Day group likely to sell majority stake in Sical – Coffee Day will repay debt from stake sale … positive development
Lakshmi Vilas Bank - Media news that the Capri Group lead by Rajesh Sharma bought 4.9% stake in Lakshmi Vilas Bank after the RBI turned down merger deal between it and Indiabull Housing Finance
Rating agency Moody’s Says Asian Steelmakers Profitability to Drop 5% in 2020 - Profitability of rated Asian steel producers will decline a further 5% next year after a drop of about 25% in 2019 as demand remains soft, steel prices fall and iron ore prices remain elevated - However, domestic demand is remain strong. We are long term positive on JSW Steel, Hindalco and Jindal Steel.,
Nifty declined nearly half percent to close two week low at below 12k (11994). Nifty dipped 157 points (1.3%) in the last three trading sessions on account of weak global cues as investors are cautious after the US decision to impose tariffs on Argentina and Brazil. Moreover, fresh trade war tensions along with unabated foreign fund outflows weighed heavily on the market sentiments. FIIs were net sellers over Rs4500cr in the last three trading sessions . Metal stocks witnessed biggest losers today.
Bharti Airtel - Watch on Bharti Airtel, company's board meeting will be held today ahead of fund raising plan - Company has declared tariff hike on 6th December from 20% to 40%.- We are positive on the stock.
United Spirits - Diageo-controlled liquor firm proposed a merger with its majority owned and listed subsidiary Pioneer Distilleries - Positive for United Spirits with merger of all units.
By: via @AlliesFin Serve T.ME/ALLiESFiN
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News and Impact
Expect market to open on a negative note on account of weak global cues. US Dow Jones slipped 1% after the Trump administration signaling the U.S. plans to move forward with tariffs on Chinese goods if no deal is reached before the mid-December deadline. The president had earlier indicated he’d be willing to wait another year before striking an agreement with China. He also threatened levies on France after hitting steel from Brazil and Argentina.
Asian markets like Nikkei, Hong Kong and yesterday European markets slipped 1% after the Chinese state media said Tuesday the government would soon publish a list of “unreliable entities” that could lead to sanctions against American companies. Meantime, France said the European Union would retaliate if the U.S. follows through on a threat to hit about $2.4 billion of French products with levies.
Traders apply caution in the market. Trade deal with US is now spread out not only in China but also Brazil, Argentina and other European Countries. However, domestic cues remain strong on account of government reforms and good quarterly results. FIIs were net sellers over Rs1000cr yesterday and Rs4500cr net sellers in the last three trading sessions. Currently SGX Nifty declined by 41 points or 0.3%.
Sectors - Telecom, Tech and Banks
Actionable - BUY Bharti Airtel, ICICI Bank and Infosys
Brokers Radar – L&T Infotech CITI BUY TGT 1855, JP Morgan neutral on Pidilite TGT 1285, ICICI Bank Nomura raised 610, Morgan Stanley TGT 775 and JP Morgan 575, Lupin CLSA TGT 640
Market summary – Cabinet Meeting today, Life Investments proposes to sell as many as 4.75mn shares of HDFC Asset Management, CSB will be listing today, Biocon hopes to make a “major impact” in the $3bn market for Trastuzumab biosimilar in the U.S., Ujjivan Small Finance Bank IPO Subscribed five times on day 2, Max India - IRDA approves deal to sell Max Bupa to Fettle Tone, Bharti Airtel Board meeting today on fund raising plan, Auto players like Maruti, M&M, Tata Motors to hikes price, MPC meeting final day today and tomorrow will be RBI credit policy. S&P reaffirms India's rating at 'BBB-'
HDFC Life - Standard Life to sell 2.23% stake in HDFC AMC via OFS today for HNI - Standard Life, one of the promoters of HDFC Asset Management, will offload 2.23 per cent stake in the fund house on December 4-5 worth Rs1506cr. Floor price set at 3170 a share (CMP 3441). Date for institutional investors Dec. 4; for retail investors and Dec. 5 for retail investors – Standard Life currently holding 29.9% stake. Significant discount of nearly 10% is opportunity to buy on the stock.
Cabinet meeting will be held today (expected time 9.30am) – Media news that the Cabinet may approve New IBC (Insolvency and Banking Code), companies Act and Citizenship … main agenda – Expect momentum on Real Estate stocks ahead of change in IBC Code.
ICICI Bank – After a gap of 10-year, ICICI Bank has announced a strong growth on its analyst meeting – We are positive on ICIC Bank on account of improved asset quality and attractive valuation.
CSB Bank will be listing today. It has 87 times oversubscribed at Rs195 a share – Expects other mid and small cap bank will be momentum like DCB Bank, BoB, Federal Bank.
Nestle India to pay interim dividend of Rs55 a share - Positive for Nestle.
S&P reaffirms India's rating at 'BBB-' - S&P has reaffirmed sovereign rating of India at BBB- with stable outlook. They have stated that India’s economy continues to achieve impressive long-term growth rates despite a recent deceleration – Positive for the market.
Yes Bank declined 10% yesterday after the lender filed a petition before NCLT Allahabad to initiate the corporate insolvency resolution process against Jaypee Healthcare Ltd, a subsidiary of Jaypee Infratech Ltd – Avoid on Yes Bank
GATI – Media news that the Allcargo plans to buy 50% stake in GATI, Valuing Rs1200cr in a deal. Company may announce later this week.
Ujjivan Small Finance Bank IPO Subscribed Five Times On Day 2 – Positive for Ujjivan Financial
By: via @AlliesFin Serve T.ME/ALLiESFiN
Expect market to open on a negative note on account of weak global cues. US Dow Jones slipped 1% after the Trump administration signaling the U.S. plans to move forward with tariffs on Chinese goods if no deal is reached before the mid-December deadline. The president had earlier indicated he’d be willing to wait another year before striking an agreement with China. He also threatened levies on France after hitting steel from Brazil and Argentina.
Asian markets like Nikkei, Hong Kong and yesterday European markets slipped 1% after the Chinese state media said Tuesday the government would soon publish a list of “unreliable entities” that could lead to sanctions against American companies. Meantime, France said the European Union would retaliate if the U.S. follows through on a threat to hit about $2.4 billion of French products with levies.
Traders apply caution in the market. Trade deal with US is now spread out not only in China but also Brazil, Argentina and other European Countries. However, domestic cues remain strong on account of government reforms and good quarterly results. FIIs were net sellers over Rs1000cr yesterday and Rs4500cr net sellers in the last three trading sessions. Currently SGX Nifty declined by 41 points or 0.3%.
Sectors - Telecom, Tech and Banks
Actionable - BUY Bharti Airtel, ICICI Bank and Infosys
Brokers Radar – L&T Infotech CITI BUY TGT 1855, JP Morgan neutral on Pidilite TGT 1285, ICICI Bank Nomura raised 610, Morgan Stanley TGT 775 and JP Morgan 575, Lupin CLSA TGT 640
Market summary – Cabinet Meeting today, Life Investments proposes to sell as many as 4.75mn shares of HDFC Asset Management, CSB will be listing today, Biocon hopes to make a “major impact” in the $3bn market for Trastuzumab biosimilar in the U.S., Ujjivan Small Finance Bank IPO Subscribed five times on day 2, Max India - IRDA approves deal to sell Max Bupa to Fettle Tone, Bharti Airtel Board meeting today on fund raising plan, Auto players like Maruti, M&M, Tata Motors to hikes price, MPC meeting final day today and tomorrow will be RBI credit policy. S&P reaffirms India's rating at 'BBB-'
HDFC Life - Standard Life to sell 2.23% stake in HDFC AMC via OFS today for HNI - Standard Life, one of the promoters of HDFC Asset Management, will offload 2.23 per cent stake in the fund house on December 4-5 worth Rs1506cr. Floor price set at 3170 a share (CMP 3441). Date for institutional investors Dec. 4; for retail investors and Dec. 5 for retail investors – Standard Life currently holding 29.9% stake. Significant discount of nearly 10% is opportunity to buy on the stock.
Cabinet meeting will be held today (expected time 9.30am) – Media news that the Cabinet may approve New IBC (Insolvency and Banking Code), companies Act and Citizenship … main agenda – Expect momentum on Real Estate stocks ahead of change in IBC Code.
ICICI Bank – After a gap of 10-year, ICICI Bank has announced a strong growth on its analyst meeting – We are positive on ICIC Bank on account of improved asset quality and attractive valuation.
CSB Bank will be listing today. It has 87 times oversubscribed at Rs195 a share – Expects other mid and small cap bank will be momentum like DCB Bank, BoB, Federal Bank.
Nestle India to pay interim dividend of Rs55 a share - Positive for Nestle.
S&P reaffirms India's rating at 'BBB-' - S&P has reaffirmed sovereign rating of India at BBB- with stable outlook. They have stated that India’s economy continues to achieve impressive long-term growth rates despite a recent deceleration – Positive for the market.
Yes Bank declined 10% yesterday after the lender filed a petition before NCLT Allahabad to initiate the corporate insolvency resolution process against Jaypee Healthcare Ltd, a subsidiary of Jaypee Infratech Ltd – Avoid on Yes Bank
GATI – Media news that the Allcargo plans to buy 50% stake in GATI, Valuing Rs1200cr in a deal. Company may announce later this week.
Ujjivan Small Finance Bank IPO Subscribed Five Times On Day 2 – Positive for Ujjivan Financial
By: via @AlliesFin Serve T.ME/ALLiESFiN
Tuesday 3 December 2019
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3/12/2019
BSE:-126(40675)
NSE:-54(11994)
MID:-141(14826)
SML:-99(13408)
FII|FPI:-1131Cr
DII:+963Cr
B.Crude: 60
Gold$:1458=INR:38290
Silver: 44575
Rs/$: 71.67
6.45 : 2029 G-Sec: 6.46
NSE PE: 27.95
By: via @AlliesFin Serve T.ME/ALLiESFiN
BSE:-126(40675)
NSE:-54(11994)
MID:-141(14826)
SML:-99(13408)
FII|FPI:-1131Cr
DII:+963Cr
B.Crude: 60
Gold$:1458=INR:38290
Silver: 44575
Rs/$: 71.67
6.45 : 2029 G-Sec: 6.46
NSE PE: 27.95
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
SPOT NIFTY NEARING SUPPORT AREA 11969. CLOSING ABV OR BELOW THIS COULD DECIDE NEXT TRENDS...
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By: via @AlliesFin Serve T.ME/ALLiESFiN
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Economic Times
Business Standard
Ø Karvy case: 90% investors get back their securities
Ø Crisil slashes FY20 growth forecast to 5.1 per cent
Ø Government launches independent directors' databank
Ø Gross direct tax collection rises by 5% till Nov: FM
Ø $14 bn loans to builders under severe stress: Report
Ø Steel industry margins set to shrink: India Ratings
Ø United Spirits proposes merger with Pioneer Distilleries
Ø Telecom tariff hike expected to benefit sector, boost its financials
Ø Govt moves Taxation Bill in Lok Sabha seeking changes in income tax law
Ø Net surplus revenue decreased 66% to Rs 1,666 cr in 2017-18: CAG report
Ø Ashok Leyland M&HCV sales decline 55% in November; bus sales up 196%
Ø Tata Motors bags orders for over 2,300 buses from various state govts
Business Line
Mint
Ø Corporate tax cut will make India a global manufacturing hub: FM
Ø No proposal to reduce taxes on petrol, diesel: Central Government
Ø LG Electronics India posts ₹1,534-crore profit in FY19
Ø India Inc delivered weak performance during Q2 FY20: ICRA
Ø Cadila Healthcare gets board nod for amalgamation
Ø Kia Motors becomes India's fourth largest vehicle manufacturer after two months
Ø SAMHI Hotels gets Sebi's go ahead for ₹1,800-2,000-crore IPO
Ø Jaypee Infra case: Suraksha may offer more cash & land to lenders
Ø Railways operating ratio in 2017-18 was 98.44%, worst in 10 years: CAG
Ø Yes Bank files insolvency petition against Jaypee Healthcare
Financial Express
Deccan Chronicle
Ø Foreign investors bring cheer to Indian market in November; FPI in equity at 8-month high
Ø Government earmarks Rs 937 crore for exploration of non-CIL blocks in FY20
Ø India’s economic growth likely to remain subdued in near future, says report
Ø Samsung India’s profit declines 58 per cent, becomes $10 billion firm
Ø Over 3.38 lakh cos deregistered in last two financial years: Govt
Ø Rupee edges higher by 8 paise to USD; RBI policy meet in focus
Ø 78 pc depositors of PMC Bank can withdraw entire deposits: govt
Ø Public sector banks told to outline insurance JVs’ future
By: via @AlliesFin Serve T.ME/ALLiESFiN
Business Standard
Ø Karvy case: 90% investors get back their securities
Ø Crisil slashes FY20 growth forecast to 5.1 per cent
Ø Government launches independent directors' databank
Ø Gross direct tax collection rises by 5% till Nov: FM
Ø $14 bn loans to builders under severe stress: Report
Ø Steel industry margins set to shrink: India Ratings
Ø United Spirits proposes merger with Pioneer Distilleries
Ø Telecom tariff hike expected to benefit sector, boost its financials
Ø Govt moves Taxation Bill in Lok Sabha seeking changes in income tax law
Ø Net surplus revenue decreased 66% to Rs 1,666 cr in 2017-18: CAG report
Ø Ashok Leyland M&HCV sales decline 55% in November; bus sales up 196%
Ø Tata Motors bags orders for over 2,300 buses from various state govts
Business Line
Mint
Ø Corporate tax cut will make India a global manufacturing hub: FM
Ø No proposal to reduce taxes on petrol, diesel: Central Government
Ø LG Electronics India posts ₹1,534-crore profit in FY19
Ø India Inc delivered weak performance during Q2 FY20: ICRA
Ø Cadila Healthcare gets board nod for amalgamation
Ø Kia Motors becomes India's fourth largest vehicle manufacturer after two months
Ø SAMHI Hotels gets Sebi's go ahead for ₹1,800-2,000-crore IPO
Ø Jaypee Infra case: Suraksha may offer more cash & land to lenders
Ø Railways operating ratio in 2017-18 was 98.44%, worst in 10 years: CAG
Ø Yes Bank files insolvency petition against Jaypee Healthcare
Financial Express
Deccan Chronicle
Ø Foreign investors bring cheer to Indian market in November; FPI in equity at 8-month high
Ø Government earmarks Rs 937 crore for exploration of non-CIL blocks in FY20
Ø India’s economic growth likely to remain subdued in near future, says report
Ø Samsung India’s profit declines 58 per cent, becomes $10 billion firm
Ø Over 3.38 lakh cos deregistered in last two financial years: Govt
Ø Rupee edges higher by 8 paise to USD; RBI policy meet in focus
Ø 78 pc depositors of PMC Bank can withdraw entire deposits: govt
Ø Public sector banks told to outline insurance JVs’ future
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
*SGX Nifty -19 pts (12072) from last trade 12091 ,*
Nikkei -225 pts ,
Hangseng -129 pts ,
Now @7.00am .
Dow -268.37 pts ,Nsdq -97.48 pts , S&P -27.11 pts , Bovespa +694 pts , Ftse -60 pts , Dax -261 pts , Cac -118 pts , Crude @ $56.05 brl (+0.09), Brent @ $60.89 brl (+0.40) , Gold @ 1468.50 (-0.70), Silver @ $16.855 (-0.00), Euro @ $1.1075, JPY @ $108.99, INR @ 71.635
*Today's Corporate Action*
3rd Dec Ex Date
REDINGTON
Interim Dividend - Rs. - 1.5000
*Today's Board Meeting*
Dec 3
Brightcom Group Ltd, to consider and approve the Preferential Issue of Equity shares.
Gufic Biosciences Ltd, earnings for quarter ended September.
Nestle India Ltd, to consider declaration of Interim dividend.
*Today's Data Alert*
Dec 3 : TERM REPO: 14-day variable rate term repo for 255 bln rupees. Bids to be submitted between 1100 and 1130 IST.
Dec 3 : STATE LOAN AUCTION: 12 states to raise 116 bln rupees via bond sale
Dec 3 : Day 1 of RBI MPC's fifth bi-monthly monetary policy meeting for 2019-20.
By: via @AlliesFin Serve T.ME/ALLiESFiN
Nikkei -225 pts ,
Hangseng -129 pts ,
Now @7.00am .
Dow -268.37 pts ,Nsdq -97.48 pts , S&P -27.11 pts , Bovespa +694 pts , Ftse -60 pts , Dax -261 pts , Cac -118 pts , Crude @ $56.05 brl (+0.09), Brent @ $60.89 brl (+0.40) , Gold @ 1468.50 (-0.70), Silver @ $16.855 (-0.00), Euro @ $1.1075, JPY @ $108.99, INR @ 71.635
*Today's Corporate Action*
3rd Dec Ex Date
REDINGTON
Interim Dividend - Rs. - 1.5000
*Today's Board Meeting*
Dec 3
Brightcom Group Ltd, to consider and approve the Preferential Issue of Equity shares.
Gufic Biosciences Ltd, earnings for quarter ended September.
Nestle India Ltd, to consider declaration of Interim dividend.
*Today's Data Alert*
Dec 3 : TERM REPO: 14-day variable rate term repo for 255 bln rupees. Bids to be submitted between 1100 and 1130 IST.
Dec 3 : STATE LOAN AUCTION: 12 states to raise 116 bln rupees via bond sale
Dec 3 : Day 1 of RBI MPC's fifth bi-monthly monetary policy meeting for 2019-20.
By: via @AlliesFin Serve T.ME/ALLiESFiN
Monday 2 December 2019
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2/12/2019
BSE:+8(40802)
NSE:-7(12048)
MID:-116(14968)
SML:-52(13508)
FII|FPI:-1731Cr
DII:+753Cr
B.Crude: 61
Gold$:1458=INR:37875
Silver: 44200
Rs/$: 71.65
6.45 : 2029 G-Sec: 6.48
NSE PE: 28.08
By: via @AlliesFin Serve T.ME/ALLiESFiN
BSE:+8(40802)
NSE:-7(12048)
MID:-116(14968)
SML:-52(13508)
FII|FPI:-1731Cr
DII:+753Cr
B.Crude: 61
Gold$:1458=INR:37875
Silver: 44200
Rs/$: 71.65
6.45 : 2029 G-Sec: 6.48
NSE PE: 28.08
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
#stocklending
Jan 2020 Series #Nse
offer per share till offer last
#yesbank @ 2
#infratel @10
#bergerpaint @ 15
& Many more offers,
LEND STOCKS LYING IDLE IN YOUR PORTFOLIO.
FOR MORE DETAILS WRITE US AT
https://T.me/AxitDShah
By: via @AlliesFin Serve T.ME/ALLiESFiN
Jan 2020 Series #Nse
offer per share till offer last
#yesbank @ 2
#infratel @10
#bergerpaint @ 15
& Many more offers,
LEND STOCKS LYING IDLE IN YOUR PORTFOLIO.
FOR MORE DETAILS WRITE US AT
https://T.me/AxitDShah
By: via @AlliesFin Serve T.ME/ALLiESFiN
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