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@AlliesFin

28/2/2020
BSE:-1448(38297)
NSE:-414(11219)
MID:-472(14600)
SML:-500(13709)
FII|FPI:-1429Cr
DII:+7621Cr
B.Crude: 51
Gold$:1628=INR:42523
Silver: 45351
Rs/$: 72.20
6.45 : 2029 G-Sec: 6.37
NSE PE: 25.49

Join T.me/AlliesFin
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GDP at 4.7% vs 4.5% last quater
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THOUGHTS PROVOKED...
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@ALLIESFIN9 NIFTY SEEMS FOLLOWING THIS PATTERN, DEC 26, 2019 POST...

NIFTY WEEKLY CHANNEL SUPPORTS N RESISTANCES https://t.me/AlliesFin/8088
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Economic Times



Business Standard

Ø Jio doesn't have a single Chinese part: Ambani to Trump

Ø Coronavirus outbreak could impact India Inc: Report

Ø India's gas demand at inflection point, to rise by 66%

Ø DCC meet likely on Friday to discuss AGR relief: Source

Ø Jet lenders to seek fresh Expression of Interest

Ø Voda Idea wants 7-8 times hike in mobile data tariffs

Ø Tata Group comes under CCI lens, again



Ø India scores better than US in regulatory action by USFDA in 2019

Ø CRR-exempt loans: Deduction only on incremental lending, clarifies RBI

Ø Ind-Ra lowers outlook on domestic steel sector from stable to negative

Ø PFRDA chief mulls separate trust to manage private sector pension funds

Ø Sebi wants MFs to be agile in stress events, warns industry on mis-selling

Business Line



Mint

Ø Commerce Ministry assessing impact on pharma ingredient supplies from China

Ø HPCL buys 17.28% stake in Petronet MHB for Rs 185.38 cr

Ø JSW Steel takeover of BPSL to be delayed as the case moves to SC

Ø Australia keen to partner India in energy and resources sector

Ø India among top suppliers of pharma drugs used in trafficking: UN report

Ø Pidilite Industries buy majority stake in Tenax India Stone Products for ₹80 crore



Ø PNB fraud case: Sebi slaps penalty of ₹5 crore on Mehul Choksi, others

Ø IndiGo launches co-branded credit card Ka-Ching with HDFC Bank, MasterCard

Ø Bank credit growth slows to 6.3% for the fortnight ended 14 February

Ø IndiaMART becomes first B2B marketplace in India to register 10 crore users

Ø Hindustan Unilever, Nestle India top access to nutrition rankings

Financial Express



Business World

Ø Shared economy in India to be $2 billion industry by 2020-end: Maple Capital

Ø Coronavirus may hit global GDP by over $250 billion: Industry body

Ø IOC invests Rs 3,000 crore to upgrade Haldia refinery for BS-VI fuel

Ø UK court extends Nirav Modi remand to March 24 in PNB fraud case



Ø India's GDP Seen Growing At 4.7% In December Quarter, With Virus Impact To Come

Ø India-US Relationship Extraordinary; Progress Made In Bilateral Ties, Says Donald Trump

Ø India Fines Jewellery Firm Gitanjali Gems For Withholding Information In $2 Billion Bank Fraud

Ø HFCL Selects Audiocodes For Major Govt Telecom Network
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*SGX Nifty -200 pts (11419) from last trade 11619 ,*


Nikkei -777 pts ,
Hangseng -530 pts ,
Now @6.59am .




*Dow -1190.95 pts ,Nsdq -414.29 pts* , S&P
-137.63 pts , Bovespa -2734 pts , Ftse -246 pts , Dax -407 pts , Cac -188 pts , Crude @ $46.95 brl (-0.00), Brent @ $51.36 brl (-2.07) , Gold @ 1648.00 (+5.50), Silver @ $17.825 (+0.09), Euro @ $1.0997, JPY @ $109.66, INR @ 71.655




*Today's Corporate Action*
28th Feb Ex Date



PFC
Interim Dividend - Rs. - 9.5000





*Today's Board Meeting*


Feb 28


Apar Industries Limited, to consider, approve and declare interim dividend.

Rain Industries Ltd, earnings for quarter ended December.





*Today's Data Alert*



*Feb 28   : GDP for Oct-Dec, by NSO. 1730 IST.*


Feb 28   : CPI for Industrial Workers for January, by Labour Bureau.


Feb 28   : WMA and FX as on Feb 21, by Reserve Bank of India join @AlliesFin
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27/2/2020
BSE:-143(39745)
NSE:-45(11633)
MID:-98(15072)
SML:-119(14209)
FII|FPI:-3127Cr
DII:+3497Cr
B.Crude: 52
Gold$:1651=INR:42651
Silver: 46989
Rs/$: 71.61
6.45 : 2029 G-Sec: 6.37
NSE PE: 26.48
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@AlliesFin9

26/2/2020
BSE:-392(39888)
NSE:-119(11678)
MID:-205(15170)
SML:-118(14329)
FII|FPI:-3336Cr
DII:+2785Cr
B.Crude: 53
Gold$:1644=INR:42558
Silver: 46946
Rs/$: 71.75
6.45 : 2029 G-Sec: 6.34
NSE PE: 26.58

Join @AlliesFin9
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@ALLIESFIN

SBI Cards IPO – Issue Information (FINAL)

Issue Opens on: 02 March 2020

Issue Closes on: 05 March 2020

Issue Type: Book Built Issue IPO

Issue Size: 13,71,49,315 Shares

Face Value: Rs.10/- per Share

Issue Price: Rs.750 – Rs.755 per Share (FINAL)

Discount: Rs.15/- (for Employees)
Market Lot: 19 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 93,23,34,278 Shares

Employee Reservation of 18,64,669 Shares @740/- = Rs.137.99Crs (after discount of Rs.15/-)

SBI Shareholders Reservation of 1,30,52,680 Shares @755/- = Rs.985.48 Crs (Discount – NIL)

Net Offer for Sale of 11,56,09,450 @755/- = Rs.8,728.51Crs

Fresh Issue of 66,22,516 @755/- = Rs.500.00Crs
Equity Shares outstanding after the Issue = 93,89,56,765 Shares

Category-wise Break up:
Anchor – 3,66,69,590 Shares = 2,768.55Crs

QIB – 2,44,46,393 Shares = 1,845.70Crs

NII – 1,83,34,795 Shares = 1,384.28Crs

RII – 4,27,81,188 Shares = 3,229.98Crs (Lot size: 19 = 22,51,641 Forms)

SBI Shareholders – 1,30,52,680 Shares = 985.48Crs

Empl. Quota – 18,64,669 Shares = 137.99Crs (@740 per Share)

Total Issue – 13,71,49,315 Shares = 10,351.98Crs.

STAY TUNED JOIN
T.ME/ALLIESFIN
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*SGX Nifty -129 pts (11705) from last trade 11834 ,*


Nikkei -384 pts ,
Hangseng -413 pts ,
Now @6.52am .


Dow -879.44 pts ,Nsdq -255.69 pts , S&P
-97.68 pts , Bovespa Clsd , Ftse -138 pts , Dax -244 pts , Cac -112 pts , Crude @ $50.10 brl (+0.18), Brent @ $54.87 brl (-1.43) , Gold @ 1640.80 (-9.20), Silver @ $18.00 (-0.19), Euro @ $1.0876, JPY @ $110.26, INR @ 71.875



*Today's Corporate Action*
26th Feb Ex Date


ABMKNO
Interim Dividend - Rs. - 1.2500
BNRSEC
Interim Dividend - Rs. - 1.0000
CERA
Interim Dividend - Rs. - 13.0000
CRAVATEX
Interim Dividend - Rs. - 2.0000
DYNPRO
Interim Dividend - Rs. - 1.5000
0.2500HBLPOWER
Interim Dividend - Rs. -
LAOPALA
Interim Dividend - Rs. - 1.2000
NICCOPAR
Interim Dividend - Rs. - 0.2000
NILE
Interim Dividend - Rs. - 1.0000
SAMKRG
Interim Dividend - Rs. - 5.0000
SAURASHCEM
Interim Dividend - Rs. - 1.0000
VGUARD
Interim Dividend - Rs. - 0.9000





*Today's Board Meeting*


Feb 26


Mahindra CIE Automotive Ltd, earnings for quarter ended December.





*Today's Data Alert*



Feb 26   : T-BILL AUCTION: RBI to auction 91-day T-bills of 40 bln rupees,182-day T-bills of 50 bln rupees and 364-day T-bills of 30 bln rupees.


Feb 26   : Blue Star to announce launch of new range of 'Premium-Yet-Affordable'
residential air conditioners. 1200 IST, Bengaluru.


Feb 26-27: Retail Leadership Summit. Speakers include Shoppers Stop Chairman Nagesh, Spencer's Retail MD Chawla, Future Group CEO Biyani, V-Mart Retail Chairman Agarwal, Shoppers Stop MD Suri, Bata India CEO Kataria, Welspun Group Director Padmanabhan. Mumbai.
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Stocks, oil fall further on accelerating coronavirus concerns

Stocks and oil prices tumbled again on Tuesday and the benchmark U.S. debt yield hit a record low on growing concern about the effects of the spread of coronavirus on the global economy.

The market sell-off followed the largest losses in stocks in over two years on Monday and accelerated after the U.S. Centers for Disease Control and Prevention said Americans should begin to prepare for community spread of the disease.

The Japanese yen strengthened against the dollar for a third session running, in a sign that traders are in search of relatively safer assets.

The flu-like virus has now infected more than 80,000 people, 10 times more cases than the SARS epidemic in 2003. Several European countries were dealing with their first infections, feeding worries about a pandemic.

The World Health Organization, however, has said the epidemic in China, where it began in December, peaked between Jan. 23 and Feb. 2 and has been declining since.

On Wall Street, where stocks fell the most in two years on Monday, the S&P 500 posted its largest back-to-back drop since August 2015.

“For the first time in a while we’re finally waking up to the fact that this issue could go on for a while and have a significant impact on Chinese and global economic growth and potentially the United States,” said Randy Frederick, vice president of trading and derivatives for Charles Schwab in Austin, Texas.

“When people react to it because they don’t travel or go to restaurants or go shopping, that’ll have an immediate impact on the economy. It depends how long it goes and how wide the spread,” he said.

The Dow Jones Industrial Average fell 879.44 points, or 3.15%, to 27,081.36; the S&P 500 lost 97.68 points, or 3.03%, to 3,128.21; and the Nasdaq Composite dropped 255.67 points, or 2.77%, to 8,965.61.

The pan-European STOXX 600 index lost 1.76% and MSCI’s gauge of stocks across the globe shed 2.31%.

MSCI’s broadest index of Asia-Pacific shares outside Japan closed 0.14% higher, while Japan’s Nikkei futures lost 0.34%.

(GRAPHIC: Global stocks' performance vs. reported coronavirus cases - here)

The risks are such that bond markets are betting that central banks will have to ride to the rescue with new stimulus.

Futures for the Federal Reserve funds rate <0#FF:> have surged in the last few days to price in a 50-50 chance of a quarter-point interest rate cut as early as April. In all, they imply more than 50 basis points of reductions by year end.

The indication of falling U.S. rates hit the dollar against a basket of its peers.

“The potential for the economic fallout from the virus to wash up on U.S. shores has cooled the dollar’s rally ... by knocking Treasury yields to multiyear lows,” said Joe Manimbo, senior market analyst at Western Union Business Solutions, adding that the downward pressure also came from higher expectations for the Federal Reserve to deliver more interest rate cuts.

The dollar index fell 0.361%, with the euro up 0.27% at $1.0881.

The yen strengthened 0.54% versus the greenback to 110.15 per dollar. Sterling was last trading at $1.3002, up 0.58% on the day.

The rush to bonds dragged yields on 10-year U.S. Treasury notes to a record low of 1.307%. The U.S. benchmark last rose 11/32 in price to yield 1.3421%, down from 1.377% late on Monday.

The 30-year bond set a fresh record low at 1.786 and last rose 17/32 in price to yield 1.8135%.

For the first time, the 10-year yield on Municipal Market Data’s benchmark scale for top-rated, tax-exempt municipal bonds fell under 1% to .98%.

Gold ran into profit-taking after hitting a seven-year peak overnight, and last dropped 1.6% to $1,634.59 an ounce.

Oil prices continued to fall as demand concerns linked to the virus’ spread outweighed supply cuts.

U.S. crude fell 3.11% to $49.83 per barrel and Brent was last at $54.76, down 2.74% on the day.
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Economic Times



Business Standard

Ø Bandhan Bank gets relief from the RBI

Ø India-US ink three MoUs, elevate bilateral ties

Ø India's import of US oil jumps 10-fold to 2,50,000 bpd

Ø Slowdown in bank lending may bottom out soon: Crisil

Ø 12.67 lakh new jobs created in Dec: ESIC payroll data

Ø RBI MPC may consider virus impact on India: Report

Ø RBI announces two LTROs on March 2 and 9



Ø FPIs from Mauritius eligible for registration, after more scrutiny: Sebi

Ø NFRA to serve notice on Deloitte in IL&FS Financial Services case

Ø Sebi mulls larger role for debenture trustees, proposes new norms

Ø SBI Cards & Payment IPO price band fixed at Rs 750-755, opens on March 2

Ø Moody's downgrades corporate family rating of HPCL-Mittal Energy to 'Ba2'

Business Line



Mint

Ø Oil refiners push for extra pricing for supplying BS-VI fuel

Ø Navin Fluorine bags $410-million global contract

Ø SC upholds NCLT order in United Seamless Tubulaar case

Ø ‘Recalibrate NFE rules to draw investments to SEZ’

Ø Sugar mills yet to clear ₹2,400-cr dues to farmers



Ø Tariff hike by telcos results in wireless subscribers' exodus: Trai Dec report

Ø Govt implements EPFO's decision to restore pension commutation

Ø Retail opportunities at transport hubs may grow to $21.6 billion by 2030: Report

Ø Bank of Baroda moves Supreme Court against Calcutta HC order on bank guarantee

Financial Express



Deccan Chronicle

Ø HDFC Bank aims to be dominant, go-to bank for startups, says official

Ø Castor seed output likely to grow by 88%

Ø Fitch revises outlook on JSW Steel’s long-term IDR to ‘negative’



Ø India, US have finalised defence deals worth USD 3 billion: Trump on talks with Modi

Ø Govt may extend deadline to bid for Air India to March 17
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*Business Standard :*


Ø DoT seeks Rs 7,608 crore from GAIL in dues for FY18

Ø CCI orders detailed probe against Make My Trip, OYO

Ø Govt extends time till Mar 6 for queries on AI sale

Ø Bharti Infratel extends Indus merger deadline to Apr 24

Ø India gets rare oil cheap as virus grips China

Ø Fitch assigns 'BBB-' rating to REC notes

Ø Telecom industry revenue rises 9% in Q3

Ø India, US in discussion for a 'fantastic' trade agreement, says Trump

Ø ITC, Godfrey Phillips India bet on flavours to burn illicit trade

Ø Adani group joins race to buy Air India, plans to submit EoI by next month

Ø Tech Mahindra to acquire US-based Zen3 Infosolutions for Rs 460 cr

Ø Govt asks telcos to submit supporting documents on AGR self-assessment

Business Line



*Mint :*


Ø TCS, DLF seek govt nod to set up SEZs

Ø CAG, govt officials hold talks to improve audit quality

Ø Australia willing to consider bilateral FTA with India on the lines of RCEP

Ø Indian Hotels Company achieves 50% of vision 2022 in 40% of allocated timex`

Ø NTPC’s 74.5% stake-buy in THDC India gets nod of competition panel

Ø RBI not as surprised as others on slowing GDP growth: Shaktikanta Das

Ø ExxonMobil inks cooperation pact with IndianOil and Chart Industries

Ø Aditya Birla Capital gets ₹1,000 cr foreign investment from Jomei

Ø Sebi reviews margin framework for cash, derivatives segments

Ø SoftBank leads $165 million capital boost for liquid biopsy firm Karius

Financial Express



*Deccan Chronicle :*


Ø GAIL to invest Rs 1.05 lakh crore to create infrastructure for gas-based economy

Ø Government reallocates 6.5 lakh tonnes of unused sugar export quota

Ø Air India sale: Govt extends time till March 6 for bidders to pose queries

Ø Reserve Bank of India devises new plan for fin inclusion

Ø US likely to be India’s top trading partner for 2nd year

Ø China, India in talks over delay in granting permission to IAF flight: China
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*Mkt. Updates :*

*SGX Nifty +57 pts (11890) from last trade 11833 ,*

Nikkei -717 pts ,
Hangseng -98 pts ,
Now @6.52am .

Dow -1031.61 pts ,Nsdq -355.31 pts , S&P
-111.86 pts , Bovespa Clsd , Ftse -247 pts , Dax -544 pts , Cac -237 pts , Crude @ $51.46 brl (+0.03), Brent @ $56.21 brl (-2.29) , Gold @ 1657.90 (-18.70), Silver @ $18.585 (-0.29), Euro @ $1.085, JPY @ $110.82, INR @ 71.985


*US GOVT. 10-YEAR YIELD : 1.41%*


*Today's Corporate Action, 25th Feb Ex Date :*

APOLLOHOSP
Interim Dividend - Rs. - 3.2500
CAREERP
Interim Dividend - Rs. - 1.0000
DALMIASUG
Interim Dividend - Rs. - 2.0000
DHANUKA
Interim Dividend - Rs. - 12.0000
DIVISLAB
Interim Dividend - Rs. - 16.0000
HIL
Interim Dividend - Rs. - 10.0000
MAGNAELQ
Interim Dividend - Rs. - 2.5000
NEAGI
Interim Dividend - Rs. - 10.0000
PHILIPCARB
Interim Dividend - Rs. - 3.5000
PHILIPCARB
Special Dividend - Rs. - 3.5000
SJVN
Interim Dividend - Rs. - 1.7000
VARROC
Interim Dividend - Rs. - 3.0000
VTMLTD
Interim Dividend - Rs. - 0.9000
WHEELS
Interim Dividend - Rs. - 3.0000


*Today's Board Meeting, Feb 25 :*

Asahi Songwon Colors Ltd, to consider declaration of dividend.

Elantas Beck India Ltd, earnings for quarter ended December and dividend.

Jbf Industries Ltd, earnings for quarter ended December, Postponed from Feb
14.

Mideast Integrated Steels Ltd, earnings for quarter ended December,
Postponed from Feb 14.

Mysore Paper Mills Ltd, earnings for quarter ended December.

Petron Engineering Construction Ltd, earnings for quarter ended December,
Postponed from Feb 14.

Sanofi India Ltd, earnings for quarter ended December and dividend.

Stovec Industries Ltd, earnings for quarter ended December and dividend.

Wonderla Holidays Ltd, to consider declaration of dividend.


*Today's Data Alert :*

Feb 25   : STATE LOAN AUCTION: 17 states to raise 224.82 bln rupees via bond sale
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Business Standard

Ø RBI reviewing monetary policy framework: Das

Ø Officials meet to discuss relief for AGR-hit telcos

Ø IndiGo in talks with Jetstar, Qantas for partnership

Ø USFDA reopens investigation of Aurobindo’s facility

Ø AGR test checks standard audit procedure: COAI

Ø Pine Labs to deploy 1.5L Android POS devices by next yr



Ø US surpasses China as India's biggest trading partner at $87.95 billion

Ø Govt keen to sell stake in THDCIL, NEEPCO to NTPC this fiscal: Report

Ø Natural gas prices in India likely to be cut by steep 25% from April

Ø RCom creditors meet on Monday, may vote on Jio bid for Rs 4,700 cr assets

Ø Adani's Rs 400 crore bid for posh Aditya Estates in Delhi gets NCLT nod

Business Line



Mint

Ø Reliance Retail tops list of 50 fastest growing retailers globally

Ø Coal-fired power falls 3% in April-Dec 2019

Ø Ruias gear up for Essar 2.0 with investment-led growth plan

Ø Coal imports at major ports drop 15% in April-January

Ø Trade ‘protectionism’ to figure in US talks



Ø G-20 finance chiefs on alert with world economic growth at risk

Ø US and India to discuss 5G during Donald Trump's visit

Ø IndianOil expected to ink agreement with ExxonMobil & Chart Industries

Ø Central Bank of India plans to exit housing finance subsidiary

Ø FPIs remain bullish on India, invest ₹23,102 crore in Feb so far

Financial Express



Deccan Chronicle

Ø Coronavirus puts global economy recovery at risk, says IMF to G20

Ø Court restrains firm from using trade secrets of popular e-commerce player

Ø Crisil downgrades PNB Housing Finance’s NCDs, bank loans

Ø RBI monitoring four banks’ efforts under PCA scheme



Ø Reserve Bank of India devises new plan for fin inclusion

Ø Telecom companies' owe Rs 22,600 crore as licence fees, rest is interest-cum-penalty
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@AlliesFin Serve T.ME/ALLiESFiN's Post

SGX Nifty -121 pts (11960) from Thursday's last trade 12081 ,


Nikkei clsd ,
Hangseng -203 pts ,


Dow Future -346 pts ,
Nsdq Future -153 pts ,
Nikkei Future -537 pts .

Now @6.52am .


Dow -227.57 pts ,Nsdq -174.37 pts , S&P
-35.48 pts , Bovespa -904 pts , Ftse -32 pts , Dax -84 pts , Cac -32 pts , Crude @ $52.10 brl (-1.28), Brent @ $57.01 brl (-1.49) , Gold @ 1666.80 (+18.00), Silver @ $18.62 (+0.09), Euro @ $1.0837, JPY @ $111.55, INR @ 71.885



Today's Corporate Action
24th Feb Ex Date



AARTIIND
Interim Dividend - Rs. - 2.5000
APCOTEXIND
Interim Dividend - Rs. - 3.0000
AVTNPL
Interim Dividend - Rs. - 0.2500
BALAJITELE
Interim Dividend - Rs. - 0.4000
BALKRISIND
Interim Dividend - Rs. - 16.0000
BDL
Interim Dividend - Rs. - 6.2500
GOLDIAM
Interim Dividend - Rs. - 3.0000
IRCTC
Interim Dividend - Rs. - 10.0000
ISGE
Interim Dividend - Rs. - 2.0000
LAHOTIOV
Interim Dividend - Rs. - 0.3000
MAYURUNIQ
Interim Dividend - Rs. - 1.5000
NATCOPHARM
Interim Dividend - Rs. - 3.5000
PIIND
Interim Dividend - Rs. - 3.0000
ROTO
Interim Dividend - Rs. - 0.3000
SHREECEM
Interim Dividend - Rs. - 110.0000
SUNTV
Interim Dividend - Rs. - 7.5000
SWSOLAR
Interim Dividend - Rs. - 6.0000
TDPOWERSYS
Interim Dividend - Rs. - 1.5000
TIDEWATER
Interim Dividend - Rs. - 60.0000
VELJAN
Interim Dividend - Rs. - 10.0000
VIPIND
Interim Dividend - Rs. - 3.2000






Today's Board Meeting


Feb 24


Amj Land Holdings Ltd, to consider and approve the payment of interim
dividend

Avanti Feeds Ltd, to consider the declaration of dividend.

Coastal Corp Ltd, to consider declaration of dividend.

Exide Industries Ltd, to consider declaration of dividend.

Gravita India Ltd, to consider declaration of dividend.

Linde India Ltd, to consider declaration of dividend.

Pudumjee Paper Products Ltd, to consider and approve the payment of interim
dividend
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https://www.businesstoday.in/current/economy-politics/geologists-strike-gold-over-3650-tonne-gold-ore-up-sonbhadra/story/396627.html
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@AlliesFin Serve T.ME/ALLiESFiN's Post

*ऐश्वर्या राय* किसी साबुन को प्रमोट करे, तो हम लोग ख़रीद लेते हैं,
*शिल्पा शेट्टी* किसी ब्रेकफ़ास्ट को प्रमोट करे, तो हम लोग ख़रीद लेते हैं,
*ह्रितिक रोशन* कोई Deo लगाए, तो हम लोग वो ले आते हैं,
*जॉन अब्राहम* कोई हैल्थ ड्रिंक प्रमोट करे, तो हम लोग उसे पीने लग जाते हैं!

ऐसे *अनगिनत उदाहरण* हैं..

*लेकिन.. लेकिन.. लेकिन..*

अगर हमारा कोई *दोस्त या रिश्तेदार* कोई नया बिज़नेस शुरू करे तो *हम लोग नहीं लेते।* हम कहते हैं *"इस पर रिसर्च करूँगा"* या *"महँगा है"!!*

*क्यों हम जल्दी से उन्हें सपोर्ट करते हैं जिन्हें हम जानते नहीं, जिनके पास अथाह पैसा है???*

जबकि *हमारे पास हज़ारों कारण होते हैं उसे सपोर्ट "नहीं" करने के लिए*

जिसे *हम जानते हैं और जो हमारी तरह ही साधारण जीवन जी रहा है!*
जब आप ऐसे किसी अपने जानकार को *सपोर्ट* करते हैं तो आप *अपने जैसे ही किसी को आगे बढ़ने और आत्मनिर्भर बनने का मौका देते हैं।*
न कि किसी *सेलिब्रिटी* के *अंतहीन बैंक बैलेंस* & *Flats* को और बढ़ाने का काम करते हैं।
@AxitDShah
*अपनी सोच बदलिये,* अपने मित्रों और पहचान वालों को *सबसे पहले* Support कीजिये।
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20/2/2020
BSE:-152(41170)
NSE:-45(12080)
MID:+62(15694)
SML:+74(14746)
FII|FPI:+1495Cr
DII:-699Cr
B.Crude: 59
Gold$:1614=INR:41763
Silver: 47665
Rs/$: 71.60
6.45 : 2029 G-Sec: 6.42
NSE PE: 27.50
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324 to 356 in jst few hours.
#ibulhousing #alliesfin
#market #observations
capitalise gains.
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@ALLIESFIN9
#ALKYLAMINES
https://invst.ly/pwum0
if you dont know where to exit stock then kindly dont enter...
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@ALLIESFIN9
#SPANDANA
https://invst.ly/pwulq
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@ALLIESFIN9
#IBULHOUSING
https://invst.ly/pwujs
TRYING TO COME OUT OF RANGE...
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@ALLIESFIN9
#PNBHOUSING
https://invst.ly/pwujh
SLEEPING BEAST...
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@ALLIESFIN9
#APOLLOHOSPITALS
https://invst.ly/pwuj6
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@ALLIESFIN9
#MUTHOOTFINANCE
https://invst.ly/pwuiv
THE JOURNEY CONTD...
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19/2/2020
BSE:+428(41323)
NSE:+133(12125)
MID:+206(15631)
SML:+204(14671)
FII|FPI:-190Cr
DII:+590Cr
B.Crude: 58
Gold$:1609=INR:41570
Silver: 47608
Rs/$: 71.54
6.45 : 2029 G-Sec: N.A.
NSE PE: 27.60
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@ALLIESFIN9

Many Stocks including index not crossing morning top after Gap up.
Time to stay caution on upside untill morning top crossed till eod.
#market #observations #alliesfin
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Economic Times



Business Standard

Ø Telcos oppose Trai's tariff plan transparency

Ø GAIL wants India's dirty fuel-reliant steel plants to guzzle gas

Ø Russian govt backed fund shows interest in Jet Airways

Ø 'PE, VC investments hit record high of $48 bn in 2019'

Ø GFG Alliance acquires Adhunik Metaliks and Zion Steel

Ø India Ratings downgrades Vodafone’s NCDs

Ø FM allays fears of price rise due to virus outbreak



Ø PFC-REC merger stuck, Centre reaching out to PSUs to pick up stake

Ø Irdai chief asks general insurers to cut expenses, improve efficiency

Ø Cut in lending rates insufficient to boost credit growth: BofA Securities

Ø IBBI proposes simultaneous CoC voting on two or more resolution plans

Ø UTI MF, Nippon India MF side pocket Vodafone Idea exposure of Rs 413 cr

Ø EESL inks pact with BSNL for 1,000 EV charging stations across country

Business Line



Mint

Ø Indian Pharma industry has only 2-3 months stock of Chinese APIs

Ø ‘Hike in import duty could lead to 100% surge in MRP of toys’

Ø PE/VC-backed startups created over 26 lakh jobs in 2019: Report

Ø London-based GFG Alliance acquires Adhunik Metaliks, its arm to mark India entry

Ø Vodafone Idea’s cash balance is just $1.8 billion, AGR liability of $6.3 billion: Report



Ø Reliance, Saudi Aramco accelerate refinery stake sale talks

Ø GAIL in talks with Tata Steel, SAIL to spur gas demand

Ø SAT gives Sebi time till 10 March to pass final order in CG Power matter

Ø Yes Bank to be dropped from Nifty 50 from 27 March; Shree Cement to move in

Ø Govt pegs record wheat output at 106.21 million tons for 2019-20

Ø Sun Pharma, others on regulator’s radar as drugs flunk quality tests

Financial Express



Deccan Chronicle

Ø Jet Airways stake sale: Deadline for bids extended to March 10

Ø Ind-Ra revises outlook on textile sector to negative from stable

Ø India’s sugar export may cross 5 million tonne this year: ISMA

Ø HCL Tech bags IT deal from New Zealand’s Fonterra Co-operative



Ø Moody's revises India GDP forecast to 5.4 pc in 2020

Ø Sensex, Nifty clock fourth successive loss under AGR, coronavirus clouds

Ø Kumar Mangalam Birla meets telecom secretary in Vodafone Idea rescue mission
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18/2/2020
BSE:-161(40894)
NSE:-53(11992)
MID:-93(15425)
SML:-65(14467)
FII|FPI:-74Cr
DII:-309Cr
B.Crude: 56
Gold$:1586=INR:41041
Silver: 46480
Rs/$: 71.54
6.45 : 2029 G-Sec: 6.38
NSE PE: 27.29
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Nifty Next 50 Changes
https://t.me/AlliesFin/8376
Effective March 27...
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#TQ
#TRADING #QUOTES
@ALLIESFIN

" TRADe WHAt YOu SEe,
NOt WHAt YOu THINk...

INVESt WHAt YOu THINk,
NOt WHAt YOu SEe...

@AXITDSHAH
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*Mkt. Updates :*

*SGX Nifty -36 pts (12043) from last trade 12079 ,*

Nikkei -258 pts ,
Hangseng -193 pts ,
Now @6.52am .

US Mkt Clsd, Bovespa +928 pts , Ftse +24 pts , Dax +39 pts , Cac +16 pts , Crude @ $51.97 brl (-0.08), Brent @ $57.54 brl (+0.22) , Gold @ 1586.60 (+0.20), Silver @ $17.78 (+0.04), Euro @ $1.0835, JPY @ $109.82, INR @ 71.345


*US GOVT. 10-YEAR YIELD : 1.56%*


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

ALKYLAMINE
Interim Dividend - Rs. - 10.0000
AMRUTANJAN
Interim Dividend - Rs. - 1.5500
BODALCHEM
Interim Dividend - Rs. - 0.8000
CENTURYPLY
Dividend - Rs. - 1.0000
CESC
Interim Dividend - Rs. - 20.0000
CONCOR
Interim Dividend - Rs. - 0.7500
DAIKAFFI
Interim Dividend - Rs. - 0.7000
DCMSRMIND
Interim Dividend - Rs. - 5.0000
DWARKESH
Interim Dividend - Rs. - 1.0000
FINEORG
Interim Dividend - Rs. - 4.0000
GRAUWEIL
Interim Dividend - Rs. - 0.5000
GSCLCEMENT
Interim Dividend - Rs. - 1.0000
HITECHGEAR
Interim Dividend - Rs. - 1.5000
HLEGLAS
Interim Dividend - Rs. - 2.0000
INDNIPPON
Interim Dividend - Rs. - 3.0000
IPCALAB18 Feb 2020
Interim Dividend - Rs. - 5.0000
KAJARIACER
Interim Dividend - Rs. - 3.0000
KITEX
Interim Dividend - Rs. - 1.5000
LUXIND
Interim Dividend - Rs. - 10.0000
MAANALU
Interim Dividend - Rs. - 1.0000
MIRZAINT
Interim Dividend - Rs. - 0.9000
MRF
Interim Dividend - Rs. - 3.0000
NATIONALUM
Interim Dividend - Rs. - 1.5000
NAUKRI
Interim Dividend - Rs. - 3.5000  
NMDC
Interim Dividend - Rs. - 5.2900
NRBBEARING
Interim Dividend - Rs. - 0.8000
PAGEIND
Interim Dividend - Rs. - 58.0000
PRECWIRE
Interim Dividend - Rs. - 1.0000
SANDHAR
Interim Dividend - Rs. - 1.2500
SATIA
Interim Dividend - Rs. - 0.1500
SHBCLQ
Interim Dividend - Rs. - 0.3000
SHREYANIND
Interim Dividend - Rs. - 3.0000
SHRIDINE
Interim Dividend - Rs. - 3.0000
SUNDARMFIN
Interim Dividend - Rs. - 10.0000
TORNTPOWER
Interim Dividend - Rs. - 11.6000
TRIVENI
Interim Dividend - Rs. - 1.1000
VIDHIING
Interim Dividend - Rs. - 0.4000
VISAKAIND
Interim Dividend - Rs. - 10.0000
VRLLOG
Interim Dividend - Rs. - 3.0000


*Today's Data Alert :*

Feb 18   : T-BILL AUCTION: RBI to auction 91-day T-bills worth 40 bln rupees, 182-day T-bills worth 60 bln rupees and 364-day T-bills worth 30 bln rupees.

Feb 18   : Commodity Participants Association of India and MCX to hold joint seminar in Mumbai to discuss commodity mkts.  
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Economic Times



Business Standard

Ø Govt scraps tenders worth Rs 30k-cr to push Make in India

Ø Payment of AGR dues to cut fiscal deficit to 3.5%

Ø Tata, Voda Idea make part payment towards dues

Ø RBI's 3-year repo auction sees hefty demand

Ø No proposal to merge LICHFL with any other entity: LIC

Ø Moody's cuts India growth projection to 5.4% for 2020

Ø JSW Steel gets NCLAT nod to acquire Bhushan Power



Ø India's poverty rate slipped to 6.3% in FY18, says Surjit Bhalla

Ø Decline in global merchandise trade volumes to continue for now: WTO

Ø RBI's maiden long-term repo operation receives Rs 1.94-trillion bids

Ø Sebi board allows non-bank custodians to manage gold products

Ø Sebi to tighten eligibility norms for investment advisers, cap fees

Business Line



Mint

Ø Paper and paper board imports jump 16% in last three quarter

Ø Godrej Properties buys 27-acre land in Delhi for ₹1,359 cr from Railways

Ø JSW Energy acquires GMR Kamalanga Energy for ₹5,321 crore

Ø GAIL to move TDSAT against AGR dues demanded by DoT: Report

Ø CCI approves ZF’s purchase of 100% stake in WABCO



Ø Nirmala Sitharaman says fiscal deficit figures absolutely realistic

Ø Tata Teleservices pays ₹2,197 crore worth of license fees

Ø 15th Finance Commission sets up expert group to boost farm exports

Ø Mistry moves fresh petition at SC seeking directorship at Tata Sons

Ø Vodafone Idea to pay ₹1,000 cr more to DoT before end of week towards AGR dues

Financial Express



Deccan Chronicle

Ø India becomes 5th largest economy, overtakes UK, France: Report

Ø Piyush Goyal proposes to discontinue export incentives for services exports under SEIS

Ø Domestic air passenger traffic increased by 2.2% in January: DGCA



Ø General Motors to exit three countries over low ROI

Ø Airtel coughs up Rs 10K crore towards AGR dues

Ø Covid-19 could hamper global economic growth: IMF
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17/2/2020
BSE:-202(41055)
NSE:-67(12045)
MID:-143(15518)
SML:-150(14532)
FII|FPI:-374Cr
DII:-154Cr
B.Crude: 57
Gold$:1581=INR:40820
Silver: 46192
Rs/$: 71.30
6.45 : 2029 G-Sec: 6.38
NSE PE: 27.42
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AGR Dues Payment To Bring Down India Fiscal Deficit To 3.5% In FY20: SBI Economists
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@ALLIESFIN9
#ALPHAGEO https://invst.ly/pvo2u
ALPHAGEO (INDIA): CO GETS OF AWARD OF CONTRACTS FROM OIL INDIA LIMITED WORTH 1.2B RUPEES.

price knows something coming in advance
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TQ
TRADING QUOTES
@ALLIESFIN

" Do not Get Emotional with The Fundamentals of Trading "
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@ALLIESFIN
#SYMPHONYLTD
#CHARTS
https://invst.ly/pvmq5
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@AlliesFin

"Play the market only when all factors are in your favor. No person can play the market all the time and win. There are times when you should be completely out of the market, for emotional as well as economic reasons" - Jesse Livermore

Join https://t.me/AlliesFin
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TELECOM AGR CASE

Scope but not hope for a telecom rescue, say legal experts.

https://www.msgp.pl/aXTl7Ct
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NSE declares 3 brokers as defaulters; expels from membership
https://economictimes.indiatimes.com/markets/stocks/news/nse-declares-3-brokers-as-defaulters-expels-from-membership/articleshow/74132854.cms
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@AlliesFin

14/2/2020
BSE:-202(41257)
NSE:-61(12113)
MID:-124(15662)
SML:-59(14682)
FII|FPI:-704Cr
DII:+219Cr
B.Crude: 57
Gold$:1576=INR:40680
Silver: 45982
Rs/$: 71.39
6.45 : 2029 G-Sec: 6.37
NSE PE: 27.45

Join @AlliesFin
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https://www.livemint.com/money/personal-finance/sebi-bans-upfront-distributor-commissions-in-pms-introduces-direct-plans-11581654805922.html
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Visit National Cybercrime Reporting Portal (https://cybercrime.gov.in) of MHA for reporting of all types of cyber crime.
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https://www.bloombergquint.com/law-and-policy/agr-dispute-supreme-court-asks-telecom-operators-why-they-shouldnt-be-held-in-contempt-for-not-paying-dues?
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RELIANCE AND BHARTI AIRTEL UP AFTER ADR JUDGEMENT UPDATES ON TV...
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MF activity in january 2020
@ALLIESFIN

MFs continues to see fresh inflows to the tune of INR 79 bn in Jan month (5 month high)
SIP Flows stands at INR 85.32 bn (All-time high)
Equity AUM stands at INR 7,896 bn (up 2.5%) with inflows seen in Midcap (INR 18 bn), Multi cap (INR 17 bn), Focused (INR 13.1 bn) and Large cap (INR 11.5bn) schemes.
Major additions seen in BHARTI, IOCL, ICICIBC, HDFCB & MSIL.
Funds also added POWF, ONGC and UNSP.
Major reductions were seen in RIL, TCS and BAF.

Aditya Birla SL MFs major additions were BHARTI (INR 6.88 bn), FORH (INR 1.27 bn) and NTPC (INR 1.27 bn). It's major reductions were RIL (INR 6.8 bn), NMDC (INR 2.48 bn) and DRRD (INR 2.07 bn). CARE and SAIL were new entrants while UJJIVANS was a complete exit.

Axis MFs key additions were BHARTI (INR 3.82 bn), INFO (INR 2.51 bn) and MSIL (INR 2.34 bn). Its major reductions were RIL (INR 4.02 bn), TCS (INR 2.47 bn) and KNPL (INR 0.76 bn). New entrants included TRCL and NARH while KNPL was a complete exit.

DSP MFs key additions were KEII (INR 1.74 bn), ALPM (INR 1.44 bn) and BHARTI (INR1.07 bn). It's major sell included HPCL (INR 1.59 bn), AAVAS (INR 1.38 bn) and IIB (INR 1.29 bn). KEII and CIFC were new entrants while complete exit included AAVAS.

Franklin Templeton MFs key additions were SBIN (INR 1.06 bn), IOCL (INR 0.94 bn) and UNSP (INR 0.87 bn). It reduced exposure in PLNG (INR 1.73 bn), KKC (INR 1.35 bn) and JUBI ( INR 1.07 bn). New entries included QUESS and TTKPT while JUBI was a complete exit.

HDFC MFs large additions were COAL (INR 3.9 bn), NTPC (INR 2.49 bn) and POWF (INR 2.15 bn). It's major reductions were RIL (INR 10.98 bn), TCS (INR 5.21 bn) and HDFCB (INR4.31bn). LOG and RDCK were new entrants while ENIL was a complete exit.

ICICI Pru MFs major additions were HDFCB (INR 9.04 bn), BHARTI (INR 7.7 bn) and IOCL (INR 4.18 bn). It reduced INFO (INR 6.53 bn), RIL (INR 3.5 bn) and SBILIFE (INR 2.08 bn). SEML & ARTO were new entrants while SIP Tech & Exports was a complete exit.

** Nippon India MFs prominent additions were LT (INR 3.63 bn), UNSP (INR 2.75 bn) and POWF (INR 2.5 bn). It's major reductions were INFO (INR 3.36 bn), SBIN (INR 1.76 bn) and FMGI (INR 1.45 bn). New entrants included VSTT and UJJIVAN while FMGI was a complete exit. JOIN T.ME/ALLIESFIN FOR #MARKET #NEWS #UPDATES
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From the Business Media - 14 Feb 2020

Business Standard

Ø IMF sounds an alert over India's rising debt

Ø BPCL Q3 profit triples to Rs 2,051 crore

Ø PSBs hit by fraud cases of Rs 1.17 lakh cr in Apr-Dec

Ø SC to hear telcos’ pleas on AGR verdict on Friday

Ø India Ratings maintains negative outlook on real estate

Ø Veg oil imports down 6% at 11.96 lakh tonnes in Jan

Ø S&P retains India's rating at 'BBB-', says fiscal position precarious

Ø Sebi develops system to detect misuse of client securities by stock brokers

Ø Foreign investors turn net buyers in Dec quarter, pump in $ 6.3 bn

Ø Shell, RIL win in English HC against govt in PMT oil, gas field dispute

Ø PW India won't offer non-audit service to clients governed by NFRA

Mint

Ø TVS Motor increases stake in US-based Scienaptic Systems

Ø Nestle India net surges 38% to ₹473 crore in December quarter

Ø Vodafone Idea Q3 net loss rises to ₹6,438.8 crore

Ø Future Retail Q3 net profit down 16.7 per cent to ₹164.56 cr

Ø Govt mulls imposition of import restrictions on television sets

Ø Air India Express profit rises 26% to ₹680 cr during April-Sept 2019

Ø RBI new asset recognition norms credit negative for banks: Moody's

Ø Reliance Jio tops 4G download speed chart, Vodafone leads in upload: Trai data

Ø Apollo Hospitals Q3 net profit surges 80% to Rs90 crore

Ø Long-term reverse repos to have fixed interest rate: RBI

Ø IMF wants India to focus on medium-term fiscal consolidation

Deccan Chronicle

Ø Shell, Reliance Industries win in English High Court against Govt in PMT oil, gas field dispute

Ø PE investment in real estate up 3 pc at Rs 43,704 cr during 2019: Report

Ø US gives Iraq sanctions waiver for vital Iranian gas imports

Ø Damanis to sell 2.3% in Avenue for over Rs 3,000 crore

Ø Edelweiss FoF to invest in US tech firms

Ø G&J exports hit by China
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Commodities
• West Texas Intermediate crude increased 0.8% to $51.59 a barrel, the highest in two weeks.
• Gold strengthened 0.6% to $1,576.11 an ounce, the highest in more than a week on the largest gain in a week.
• LME copper advanced 0.3% to $5,764 per metric ton, the highest in almost three weeks.

GET STOCK MARKET UPDATES ON MOBILE, JOIN TELEGRAM CHANNEL
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However, if the change in methodology does result in a rise in the growth rate of reported cases, market sentiment will inevitably deteriorate, reversing the more upbeat tone of recent days as markets had become increasingly reassured that the virus will soon plateau

Still, there were glimmers of optimism as the director of the World Health Organization (WHO) told a news briefing that “we are not seeing dramatic increases in cases outside China.”

There are concerns China may be under-reporting the number of coronavirus cases in its country. A senior Trump administration official told CNBC the U.S. does “not have high confidence in the information coming out of China.” The official added China “continues to rebuff American offers of assistance.”

The New York Fed said it would shrink repo operations starting with Friday’s overnight offering. The Fed has been conducting repo offerings and Treasury-bill purchases in a bid to keep control of short-term interest rates and bolster bank reserves. The efforts had calmed markets since a September spike. Treasuries trimmed their gains for the day.

The euro traded near the lowest since 2017, while the U.K. pound gained and gilts retreated after Sajid Javid quit as Chancellor of the Exchequer. The FTSE 100 Index also declined.
Earlier, stock gauges in Japan, Shanghai, Hong Kong and South Korea all declined, though shares in Australia edged higher. Oil climbed even as the International Energy Agency said the coronavirus means global demand will drop this quarter for the first time in over a decade.


Meanwhile, in economic news, January consumer prices rose by a modest 0.1%, but ticked 0.2% higher once the figures were stripped out for food and energy prices. U.S. initial jobless claims for the week ending in Feb. 8 edged up 2,000 to 205,000, underlining the strength of the labor market.

On Capitol Hill, a pair of President Donald Trump’s nominees to the Federal Reserve Board of Governors — Judith Shelton and Christopher Waller — faced scrutiny from the Senate Banking Committee.

Still, the late session sell-off was relatively muted.

The fourth-quarter reporting season is nearing its final approach, with 378 companies in the S&P 500 having posted results. Of those, 71.2% have surprised consensus estimates to the upside, according to Refinitiv data.

Volume on U.S. exchanges was 6.86 billion shares, compared with the 7.64 billion average over the last 20 trading days.

• Cisco Systems Inc. shares CSCO, -5.23% close down more than 5% after it reported second-quarter profit and revenue late Wednesday that came in slightly above Wall Street forecasts.
• PepsiCo Inc. PEP, +0.27% reported a sharp fall in fourth-quarter earnings and revenue that topped expectations, while raising its dividend by 7%.
Tesla Inc. shares TSLA, +4.78% slid after the electric vehicle maker on Thursday said it is planning to offer about $2 billion of common stock in an underwritten deal, but closed nearly 5% higher.

Oil prices erased early losses to settle higher.


Here are some key events coming up:
• China and the U.S. on Friday are scheduled to lower tariffs on billions of dollars of respective imports as part of the trade deal signed last month.

Currencies
• The Bloomberg Dollar Spot Index was little changed at 1,207.10.
• The euro declined 0.3% to $1.0841, the weakest in almost three years.
• The British pound advanced 0.7% to $1.3049, the strongest in almost two weeks on the largest rise in almost two weeks.
• The offshore yuan weakened 0.2% to 6.9885 per dollar.
• The Japanese yen strengthened 0.3% to 109.79 per dollar, the largest rise in almost two weeks.

Bonds
• The yield on 10-year Treasuries declined two basis points to 1.61%.
• The yield on two-year Treasuries fell less than one basis point to 1.44%.
• Germany’s 10-year yield decreased one basis point to -0.39%.
• Britain’s 10-year yield gained four basis points to 0.652%, the highest in more than four weeks.
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@ALLIESFIN

Today's Major Results to be announced:
BALKRISIND, BFUTILITIE, BGRENERGY, BIL, CANTABIL, CERA, CGPOWER, CLNINDIA, EDELWEISS, EON, ERIS, EVEREADY, FEL, FINCABLES, FINCABLES, FORTIS, GABRIEL, GAYAPROJ, GENESIS, GLENMARK, GUJAPOLLO, HPL, INTELLECT, IRB, JAIPAN, JBFIND, JISLDVREQS, KECL, LAKSHVILAS, LAOPALA, MANGLMCEM, MANPASAND, MEP, MMTC, MOREPENLAB, MTNL, MUKANDLTD, MUTHOOTFIN, ONGC, ORIENTLTD, ORIENTREF, ORISSAMINE, PFIZER, RELCAPITAL, RELHOME, RPPINFRA, RUSHIL, SAIL, SANDESH, SANDUMA, SEYAIND, SHAKTIPUMP, SHREECEM, SICAL, SPAL, SREINFRA, TRF, UFO, VAMA, VGUARD, VIVIMEDLAB, WANBURY, WARRENTEA, WPIL, ZUARIGLOB, etc..

Coronavirus Cases

There are currently 60,416 confirmed cases and 1,370 deaths from the Wuhan Novel Coronavirus (2019-nCoV) outbreak as of February 13, 2020, 22:20 GMT.
For a detailed view see: cases by country and territory.
The condition of patients, according to the World Health Organization (Feb. 7 press conference) and based on 17,000 cases in China, are:
• 82% mild
• 15% severe
• 3% critical

Sensex: 41460 (-106) (-0.26%)
Nifty: 12175 (-27) (-0.22%)
Dow: 29423 (-128) (-0.43%)
S&P: 3374 (-6) (-0.16%)
Nas: 9712 (-14) (-0.14%)
Brazil: 115662 (-1012) (-0.87%)
Ftse: 7452 (-82) (-1.09%)
Dax: 13745 (-4) (-0.03%)
Cac: 6093 (-12) (-0.19%)
WTI Oil: $51.42: +0.49%
Brnt: $56.46: +1.20%
Gold: $1579: +0.46%
Silver: $17.62: +0.70%
Copper: $261.3: +0.50%
Eur-$: 1.0840
GBP-$: 1.3041
$-Jpy: 109.81
Re: 71.330 (-0.01%)
US10yr: 1.62%
GIND10YR: 6.43 (-0.77%)
$ Index: 99.1040: +0.06%
Vix: 14.15: +2.98%
BalticDry: 421: +3: +0.72%

ADR/GDR

Cogni: +0.26%
Infy (-1.07%)
Wit (-0.52%)
IciciBk (-1.69%)
HdfcBk (-0.13%)
DrRdy: +2.64%
TataMot (-1.66%)
Vedanta (-0.12%)
TatSt (-1.29%)
Axis (-1.13%)
SBI: +0.89%
RIGD: +1.47%
INDA (-0.87%) (IShares MSCI INDIA ETF)
INDY (-0.80%) (IShares MSCI INDIA 50 ETF)
EPI (-0.60) (Wisdom Tree India Earning)


Stocks end lower as market retreats from records on renewed coronavirus fears: A new method of diagnosing COVID-19 cases brings total deaths from the outbreak to 1,369, while confirmed infections rose to 60,329.

U.S. equities had a turbulent Thursday, fluctuating between gains and losses on mixed news about the coronavirus outbreak, only to fade after the Federal Reserve Bank of New York said it will further shrink repurchase agreement operations.

The Fed news late in the trading day erased what had been a small gain for S&P 500 Index, which closed lower for the first time this week. The benchmark had bounced back from session lows after the World Health Organization said a surge in coronavirus diagnoses didn’t necessarily indicate a spike in infections.

China recently deployed a revised methodology to diagnose the virus, sending the number of confirmed cases soaring, but many of those cases could be days or weeks old, according to the WHO. Traders are still trying to gauge the outbreak’s effect on the economy.

Stock indexes closed lower Thursday despite hitting fresh intraday highs after a change in the methodology used by China resulted in a sharp rise in COVID-19 cases and deaths.

The S&P 500 index lost 5.51 points, or 0.2%, to close at 3,373.94, after establishing an intraday record at 3,385.09. The Nasdaq Composite Index closed 13.99 points, or 0.1% lower, at 9,711.97, after hitting its own intraday record in afternoon dealings at 9,748.32.

Those ending levels still marked the second highest closes on record for all three benchmarks, following each posting record finishes on Wednesday.

China on Thursday reported 254 new deaths from the virus over the past 24 hours, while the number of new cases jumped 15,152, after the government applied a new diagnostic method in hard-hit Hubei province. The World Health Organization said Thursday that the total deaths from the outbreak stood at 1,369, while the total number of confirmed cases rose to 60,329.

The surge in reported cases reported today is a one-off change due to methodology and by itself, doesn’t imply an acceleration in the pace of infection.
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Almost 93,000: Half at BSNL, 80% employees at MTNL opt for VRS
https://indianexpress.com/article/business/voluntary-retirement-scheme-mtnl-bsnl-employees-6267104/
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Kotak cancelled their conference on Corona fears

MEMO TO ALL CHASING GROWTH 2020 DELEGATES:
EVENT CANCELLED ON HEALTH CONCERNS

We regret to inform you that our global investor conference, Chasing Growth 2020, scheduled for Feb 17-20 at Trident BKC, Mumbai stands cancelled. We have taken this pre-emptive decision in the interest of our corporate and investor clients whose well-being we prize above all else. We understand how inconvenient this is for you but have taken the decision after a great deal of deliberation, which included concerns raised by several of you.

We understand that the spread of the corona virus (COVID-19) has escalated in several countries where our delegates are coming from. While India has not issued any health or advisory, some travelers were quarantined today in Kolkata.

Thank you for working closely with us over the past month on your schedules and multiple inputs on various fronts. We know that this cancellation will inconvenience you terribly and are committed to making it up to you with special access to the companies/investors you are keen to meet in the near future. Please contact your Kotak representative for any assistance.
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SEBI | SEBI develops an online system for detecting misuse of clients’ securities by brokers - https://www.sebi.gov.in/media/press-releases/feb-2020/sebi-develops-an-online-system-for-detecting-misuse-of-clients-securities-by-brokers_45980.html
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*Offer for Sale - OFS*
*Company:* Avenue Supermarts Limited
*Bloomberg Code:* DMART IN Equity
*Selling Shareholder:* Radhakishan S. Damani, Gopikishan S. Damani, Shrikantadevi R. Damani and Kirandevi G. Damani, being certain promoters of the Company
*Offer size:* Up to 14,800,000 equity shares
*Floor Price:* INR 2,049 per share (Discount of 19.5% to closing price of INR 2,544.15 as on February 13, 2020)
*Offer Size at Floor Price:* INR 30,325 MM i.e. USD 426 MM
*Public Announcement and Floor Price Announcement (T-1):* Thursday, February 13, 2020
*Trade Date for non-Retail investors (T):* Friday, February 14, 2020
*Trade Date for Retail Investors (T+1):* Monday, February 17, 2020
*Selling Broker:* Axis Capital Limited
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IPCA
IRCTC
IRCON
52 WEEK TOP
NEXT RITES ?
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@ALLIESFIN
#SANOFIINDIA
https://invst.ly/pugjk
NEW 52 WEEK TOP...
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AJANTA PHARMA NEW 52 WK TOP...
SBI UP ON SBI CARDS IPO NOTE...
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GLOBAL CUES
Global cues strong; SGX and Asia trade flat
Crude rallies for 3rd day; Chinese commodities higher

NIFTY RESULTS
Bharat Petroleum Corporation, Nestle India

OTHER RESULTS
Apollo Hospitals Enterprise, Vodafone Idea , Page Industries , Lemon Tree Hotels , Lux Industries , Hindustan Aeronautics

RESULTS ANNOUNCED
IRCTC
Revenue up 64.6%, Net profit up 2.8x, EBITDA up 2.7x
Tax rate at 24% vs 37% last year which aided profits
Raw material as percentage of sales lower which aided margins
Revenue growth led by Internet Ticketing biz; Catering growth modest
Internet Ticketing revenues grew due to the reintroduction of service charge
Service charge was reinstated from 01 Sep 2019 which was stopped post demonetisation

Ashok Leyland
Results below estimates
Revenue down 36.5%, Net profit down 92.7%, EBITDA down 65.3%
RM Costs as % of Sales at 73.5% vs 70.1% impacting margins
Margin hit attributable to higher discounting & inventory correction
Volume growth was for Q3 was -29%

Aarti Industries
Revenues down 4.5%, Net profit up 4.6%, EBITDA flat
Margins improved marginally due to lower RM Costs
Speciality Chemical Segment Revenue up 2%
Pharma Segment Revenue up 3%

Dish TV
Revenue down 42.8%, EBITDA down 5%, Net loss at Rs 64.5 cr
Margins better on lower operating costs and IND AS
Subscription Revenue down 43.5%

Natco Pharma
Revenue down 13.4%, Net profit down 34.5%, EBITDA down 38.2%
Margins lower due to higher employee expenses and other expenses
Revenues majorly impacted by Exports Formulations
Both API and Domestic Formulations biz show revenues drop

Torrent Power
Revenue down 5.4%, EBITDA up 14.1%, Net profit up 77%
Margins expand due to lower electrical energy purchase costs
Profits higher on tax reversal

PI Industries
Revenue up 20.1%, Net profit up 12.4%, EBITDA up 25%
Revenue growth on strong performance in both domestic and exports
Higher acreages across key crops during Rabi season aided volumes

STOCKS TO WATCH
Yes Bank
Delayed its quarterly results and will publish Q3 results on March 14
Delay as the bank is engaged in capital raising

Godrej Properties
Will challenge the National Green Tribunal’s order quashing environmental nod granted to one of its housing project in Bengaluru

General Insurance Corporation of India
Obtained license from Bank of Russia for commencement of reinsurance business in Russia

Rico Auto Industries
Started commercial production of its new plant in Alwar to manufacture and supply auto components, from January 1

PNC Infratech
Declared L1 Bidder for HAM Project in Uttar Pradesh for a bid cost of Rs 2052 crore

Chalet Hotels
Deleted from MSCI India Domestic Small Cap Index
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*SGX Nifty -2 pts (12225) from last trade 12227 ,*


Nikkei +3 pts ,
Hangseng +130 pts ,
Now @6.52am .


Dow +275.08 pts ,Nsdq +87.02 pts , S&P
+21.70 pts , Bovespa +1303 pts , Ftse +34 pts , Dax +133 pts , Cac +121 pts , Crude @ $51.68 brl (+0.50), Brent @ $56.36 brl (+2.35) , Gold @ 1569.00 (-2.60), Silver @ $17.455 (-0.04), Euro @ $1.0871, JPY @ $110.07, INR @ 71.295




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


ALKEM
Interim Dividend - Rs. - 22.0000
ARCHIDPLY
Spin Off
BLS
Interim Dividend - Rs. - 0.5000
DIAMINESQ
Interim Dividend - Rs. - 4.0000
FERMENTA
Bonus issue 2:1
IBULHSGFIN
Interim Dividend - Rs. - 6.0000
IIFLSEC
Interim Dividend - Rs. - 2.0000
KEC
Interim Dividend - Rs. - 3.4000
MOIL
Interim Dividend - Rs. - 3.0000
SUPRAJIT
Interim Dividend - Rs. - 0.7500





*Today's Data Alert*



Feb 13   : India Ratings and Research to discuss credit outlook on housing finance companies, real estate and construction. Senior management to be present. 1100 IST, Mumbai.


Feb 13   : IMF First Deputy MD Lipton to deliver 8th C.D. Deshmukh Lecture. 1830 IST, New Delhi.


Feb 13: Minister of Road Transport & Highways Gadkari to address press meet on "Developing A Roadmap For Low Carbon & Sustainable Mobility in India - Decarbonisation of Indian Transport Sector" at 1230 IST. New Delhi.
Feb 13   : Press meet of Indian Chemical Council to discuss industry outlook. President Vijay Sankar to attend. 1200 IST, Mumbai
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Economic Times
 
Business Standard

Ø  Retail inflation hits a near 6-year high of 7.59% 
Ø  MFIs reporting loan data daily to prevent default
Ø  CCI drops unfair biz practices' complaint against telcos
Ø  Govt to infuse Rs 2,500 cr into 3 state-run insurers
Ø  Trai defends recommendations on spectrum pricing
Ø  Cabinet okays Bill for faster resolution in tax dispute
Ø  YES Bank gets a nod from four investors

 
Ø  Telecom dept may send AGR demand letters to Airtel, Voda-Idea next week
Ø  India Ratings downgrades Yes Bank issuer rating from 'A' to 'A-'
Ø  Tata Sons to hike Tata Chemicals stake by acquiring shares from group firms
Ø  BHEL signs pact with Russian firm to undertake joint defence projects
Ø  Wockhardt sells part of branded biz to Dr Reddy's for Rs 1850 crore
Ø  Govt to scrap registration fees for buying electric vehicles: Javadekar
Business Line
 
Mint
Ø  Ashok Leyland’s Q3 profit plunges 93% to ₹28 crore on commercial vehicles slump
Ø  Industrial production declines 0.3 per cent in December
Ø  FASTag to be available free of charge till February 29
Ø  Great Eastern Shipping posts ₹331-crore profit in Q3
Ø  NCDEX to raise ₹500 crore via IPO, offer for sale
Ø  Ceat opens ₹1,400-crore radial tyre factory near Chennai
 
 
Ø  OPEC chops global oil demand growth forecast over China virus
Ø  IT sector revenue to grow 7.7% in FY20 to $191 billion: Nasscom
Ø  S&P says Airtel ratings could be affirmed if debt improves beyond 20%
Ø  Hindalco Industries Q3 consolidated net profit dips 24%
Ø  Zombie Crypto coins beat Bitcoin during this year’s resurgence
Financial Express
 
Deccan Chronicle
Ø  India beckons: FPIs snap up $2-billion bonds in 5 sessions
Ø  Nasscom pegs FY20 revenue growth at 7.7% at $191 billion
Ø  Govt focussing on khadi, village industries to boost job creation, says Nitin Gadkari
 
Ø  Nissan seeks USD 91 mn in damages from Ghosn over financial misconduct charges
Ø  India readying USD 2.6 billion US naval helicopter deal ahead of Trump trip
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@AlliesFin

12/2/2020
BSE:+349(41565)
NSE:+93(12201)
MID:-46(15788)
SML:-18(14731)
FII|FPI:+48Cr
DII:+339Cr
B.Crude: 55
Gold$:1566=INR:40428
Silver: 45612
Rs/$: 71.36
6.45 : 2029 G-Sec: 6.47
NSE PE: 27.65
Join @AlliesFin
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# *INDIA JAN. CPI @ 7.59% Y/Y; EST. 7.40%* (PRIOR 7.35%)

# *INDIA DEC. IIP @ -0.3% Y/Y; EST. 1.7%* (PRIOR 1.8%)
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Simple #Philosophy of #Life @alliesfin
The ones who spent ... Lost it..
The ones who saved... Left it behind;
The ones who gave... Took it with them !!! #AXITDSHAH
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2 fresh breakout METROPOLIS AND AMRUTANJAN
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165+ KITEX ON +VE QOQ NUMBERS...
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Economic Times



Business Standard

Ø India out of US’ developing nations list for trade sops

Ø India Inc's foreign investment jumps 40% in January

Ø Power demand rises 3.7% in January over December

Ø Multiple errors in extradition order for Mallya, UK HC told

Ø Australia, USA, EU look at entering Indian wine market

Ø Moody’s lowers IndusInd Bank's outlook to 'negative'

Ø World's largest craft brewer BrewDog to enter India

Ø Govt seeks additional 270 days for IL&FS resolution



Ø Domestic firms eye defence sector with focus on import substitution

Ø FM-led group okays monetisation of BSNL, MTNL assets worth Rs 26,000 cr

Ø NSE adds 3 mn new investors in 2019, crosses 30 mn investors in Jan 2020

Ø M&M net profit plummets 85% in December quarter, future looks bleak

Ø Qatar Investment Authority completes Adani Electricity Mumbai deal

Business Line



Mint

Ø SC stays extension of deadline for filing annual GST returns

Ø Cochin Shipyard Q3 net profit rises 32.40 per cent to ₹170 cr

Ø No plan to curb import of chemicals and petrochemicals: Govt

Ø Titan buys HUG Innovations to strengthen smart wearables play

Ø J B Chemicals gets EIR from USFDA for unit in Gujarat

Ø Marksans Pharma gets inspection report for New York unit



Ø Hexaware Q4 net profit dips 8.6% at Rs167.7 crore

Ø Six bank CEOs under CBI, ED investigation: Government

Ø RBI notifies extension of MSME debt recast window

Ø Allahabad Bank Q3 net loss widens over 2-fold to ₹1,986 cr

Ø Coal India Q3 net profit slips 14% to ₹3,922 crore

Ø IDBI Bank Q3 results: Net loss widens to ₹5,763 crore as bad loans weigh

Financial Express



Deccan Chronicle

Ø Govt proposal on DDT to adversely impact fund raising plans of NHAI, PowerGrid

Ø UK economy flat in fourth quarter of 2019: data

Ø Govt has taken specific steps to boost exports, says FM Sitharaman

Ø NCDEX maintains leadership position in agri-derivatives



Ø India sugar output for 2019-20 unlikely to see big revision: ISMA

Ø Adani Transmission sells 25.1 pc stake in arm AEML to QIA for Rs 3,220 cr

Ø RBI publishes draft framework for new payment system
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“ No matter how busy you are, you must take time to make the other person feel important. ” @ALLIESFIN
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@AlliesFin

11/2/2020
BSE:+236(41216)
NSE:+76(12107)
MID:+54(15835)
SML:-26(14749)
FII|FPI:-209Cr
DII:+344Cr
B.Crude: 54
Gold$:1569=INR:40456
Silver: 45950
Rs/$: 71.29
6.45 : 2029 G-Sec: 6.46
NSE PE: 27.21

Join @AlliesFin
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150+ KITEX ON +VE QUARTERLY NUMBERS.
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#ALLIESFIN
#JSWHOLDINGS
JINDAL SOUTH WEST HOLDINGS LTD
https://invst.ly/ptkcv
READY FOR NEXT JOURNEY...
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#ALLIESFIN
#BAJAJHOLDINGS
https://invst.ly/ptkcl
ANYTIME DUE TO ENTER NEW ZONE...
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#ALLIESFIN
#VOLTAMP
https://invst.ly/ptkcc
TRYING TO CROSS RESISTANCE AREA
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#ALLIESFIN
#GMMPFAUDLER
https://invst.ly/ptkbp
SKY RISE ON CHARTS
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#ALLIESFIN
#BHARTIAIRTEL
https://invst.ly/ptkba
CAN IT CONNECT TO THE NEW RISE
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#ALLIESFIN
#ABFRL
https://invst.ly/ptkax
ADITYA BIRLA FASHIONS LIMITED
STOCK IN NEW ZONE...
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#ALLIESFIN
#INOXLEISURE
https://invst.ly/ptk9p
DONT KNOW WHATS COOKING BUT SOMTHING IS THERE
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#ALLIESFIN
#VIPINDUSTRIES
https://invst.ly/ptk9a
ANY TIME DUE
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#GALAXYSURFACTANTS https://invst.ly/ptk8-
STOCK IN NEW ZONE
#ALLIESFIN
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#NIFTY +100
again nifty took support from 11969 and bounced back.
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Get stock market updates on mobile,
Join via link
https://t.me/AlliesFin
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*Mkt. Updates :*

*SGX Nifty +31 pts (12080) from last trade 12049 ,*

Nikkei clsd ,
Hangseng +273 pts ,
Now @6.52am .

Dow +174.31 pts ,Nsdq +107.88 pts , S&P
+24.38 pts , Bovespa -1199 pts , Ftse -19 pts , Dax -19 pts , Cac -14 pts , Crude @ $49.73 brl (+0.16), Brent @ $53.40 brl (-1.04) , Gold @ 1575.90 (-3.60), Silver @ $17.76 (-0.03), Euro @ $1.091, JPY @ $109.75, INR @ 71.285

*US GOVT. 10-YEAR YIELD : 1.56%*

*Today's Corporate Action, 11th Feb Ex Date :*

AVL
Buy Back of Shares
BEL
Interim Dividend - Rs. - 1.4000
BROOKS
Right Issue of Equity Shares
KPRMILL
Interim Dividend - Rs. - 3.7500
RECLTD
Interim Dividend - Rs. - 11.0000
RSDFIN
Stock  Split From Rs.10/- to Rs.5/-
TVSMOTOR
Interim Dividend - Rs. - 2.1000


*Today's Data Alert :*

Feb 11   : First part of Budget session to end.

Feb 11   : Counting of votes for Legislative Assembly of National Capital Territory of Delhi.

Feb 11   : STATE LOAN AUCTION: 13 states to raise 156.37 bln rupees via bond sale.

Feb 11   : TERM REPO AUCTION: 14-day variable rate term repo for 260 bln rupees.
Bids to be submitted between 1100 and 1130 IST.
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24 hours, raising the mainland’s total to 40,171. The death toll grew by 97 to 910, surpassing the 774 attributed to the severe acute respiratory syndrome, or SARS, a 2003 viral outbreak that originated in China.

*Meanwhile, the director-general of the World Health Organization warned Sunday that countries outside of China should be prepared for the spread of the coronavirus to accelerate.*

Earnings season also is in the final stretch this week. With nearly two-thirds of S&P 500 companies having reported through Friday, FactSet now expects profits to grow in the fourth quarter. With 324 of the companies in the S&P 500 having reported. Of those, 70.7% have beat Street estimates. Analysts now see aggregate year-on-year fourth-quarter earnings growth of 2.3%, a reversal from the 0.3% decline analysts projected on Jan 1.

*Tesla Inc.* +3.10% shares jumped above $800 Monday after its Shanghai factory resumed production, and iPhone maker Foxconn re-started a key plant in China with 10% of its workforce., then Tesla pulled back, after Morgan Stanley said the shift to electric vehicles from internal combustion engines could be worth $25 trillion over the next few decades.

That is cold comfort for *Apple* (fell as much as 1.9%), whose iPhone sales in China could plunge by as much as 50% due to the virus, according to analysts.
Shares of *Amazon.com, Inc*. rose 2.6% to score a third straight record close.

Volume on U.S. exchanges was 6.60 billion shares, compared with the 7.66 billion average over the last 20 trading days.

The euro declined after the region was buffeted by political headlines. German Chancellor Angela Merkel’s succession plan collapsed, and polls put Sinn Fein in place for a possible role in Ireland’s government, depressing the country’s banking stocks. European equities closed higher. In corporate news, German newspaper Handelsblatt reported on Sunday that German carmaker Daimler planned to cut up to 15,000 jobs as it intensified cost-cutting measures.

Elsewhere, extreme weather conditions caused by Storm Ciara led to the cancellation of hundreds of flights, railway services and sports matches across the U.K. and northern Europe on Sunday. Energy companies said hundreds of thousands of British homes lost power during the storm, the BBC reported on Monday.

*Here are some key events coming up:*
• Earnings season continues with reports including: MGM Resorts and Cisco Systems on Monday; Softbank on Wednesday; Thursday will bring Alibaba, Nissan, Credit Suisse, Airbus, Nestle and AIG.
• Federal Reserve Chairman Jerome Powell delivers his semiannual testimony in Congress on Tuesday and Wednesday; ECB President Christine Lagarde speaks at the European Parliament in Strasbourg Tuesday.
• Thursday brings a gauge of underlying U.S. inflation, the core consumer price index. It’s expected to increase to 0.2% in January, a faster pace than in December.
• China and the U.S. on Friday lower tariffs on billions of dollars of respective imports, as part of the trade deal signed last month.

*Currencies*
• The Bloomberg Dollar Spot Index was little changed at 1,207.56, the highest in more than 10 weeks.
• The British pound climbed 0.2% to $1.2912.
• The euro dipped 0.3% to $1.0913, hitting the weakest in 19 weeks with its sixth consecutive decline.
• The Japanese yen was little changed at 109.74 per dollar.
• The offshore yuan strengthened 0.3% to 6.9854 per dollar, the largest increase in four weeks.

*Bonds*
• The yield on 10-year Treasuries decreased three basis points to 1.56%, the lowest in a week.
• Germany’s 10-year yield fell three basis points to -0.41%, the lowest in a week on the largest drop in more than a week.
• Britain’s 10-year yield declined one basis point to 0.557%, the lowest in a week.

*Commodities*
• West Texas Intermediate crude fell 1.5% to $49.58 a barrel, the lowest in more than 13 months on the largest fall in a week.
• Gold strengthened 0.2% to $1,573.67 an ounce, the highest in a week.
• LME copper dipped 1.3% to $5,663 per metric ton, the largest decrease in two weeks.
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Today's Major Results to be announced:

3MINDIA, ALBK, ARIES, ARVINDFASN, ASTERDM, ASTRAL, BALLARPUR, BASF, BEML, BHEL, CESC, CGCL, COALINDIA, CRISIL, DBREALTY, DCW, DREDGECORP, FINEORG, GAYATRI, GENESYS, GICHSGFIN, GKCONS, GNFC, GPIL, GREENPLY, HEG, HEIDELBERG, HEXAWARE, IDBI, INSILCO, IRCON, ITDCEM, JKIL, JSL, KESORAMIND, LUMAXTECH, MANALIPETC, MANINDS, NEULANDLAB, NOIDATOLL, NOVARTIND, NRBBEARING, ORIENTREF, PNC, POWERMECH, PRINCEPIPE, PRSMJOHNSN, SIEMENS, SYNDIBANK, TATAINVEST, VFL, VSTTILLERS, WEBELSOLAR, etc..

Sensex: 40980 (-162) (-0.39%)
Nifty: 12032 (-67) (-0.55%)
Dow: 29277: +174: +0.60%
S&P: 3352: +24: +0.73%
Nas: 9628: +108: +1.13%
Brazil: 112570 (-1200) (-1.05%)
Ftse: 7447 (-20) (-0.27%)
Dax: 13494 (-20) (-0.15%)
Cac: 6016 (-14) (-0.23%)
WTI Oil: $49.65 (-1.33%)
Brnt: $53.37 (-2.02%)
Gold: $1576: +0.13%
Silver: $17.76: +0.36%
Copper: $255.7: +0.16%
Eur-$: 1.0912
GBP-$: 1.2915
$-Jpy: 109.76
Re: 71.4012: +0.29%
US10yr: 1.57%
GIND10YR: 6.44: +0.05%
$ Index: 98.8590: +0.18%
Vix: 15.04 (-2.78%)
BalticDry: 415 (-16) (-3.71%)

*ADR/GDR*

Cogni (-0.30%)
Infy: +0.65%
Wit (-0.53%)
IciciBk: +0.54%
HdfcBk: +0.15%
DrRdy (-0.32%)
TataMot (-0.84%)
Vedanta (-1.73%)
TatSt (-5.26%)
Axis (-1.33%)
SBI: +0.67%
RIGD: +0.75%
INDA: +0.54% (IShares MSCI INDIA ETF)
INDY: +1.05% (IShares MSCI INDIA 50 ETF)
EPI: +0.04 (Wisdom Tree India Earning)

*S&P 500, Nasdaq close at records as investors look past coronavirus to solid corporate earnings: Earnings season moves into final stretch*

*With cases of the coronavirus outside of China on the rise and various companies pulling back from international meetings, investors are trying to figure out whether the rate of contagion is stabilizing. In the meantime, monetary authorities across emerging markets have stepped in to help shore up the financial system. The People’s Bank of China moved to keep liquidity ample Monday through reverse-repurchase agreements.*

But generally upbeat earnings, positive economic data and China’s recent stimulus have attracted buyers to the U.S. equities market. Energy company shares proved the exception, declining as West Texas crude fell below $50 a barrel. Treasuries and European bonds edged higher, and the dollar held steady versus a basket of its major peers.

Asia’s main equity gauges fell everywhere apart from Shanghai. Traders monitored the restart of Chinese factories and the possible chaos that may ensue as several hundred thousand people begin returning to work at companies like Apple Inc. supplier Foxconn. General Motors Co. will restart production in China beginning Feb. 15.

*The World Health Organization warned Monday that the spread of the coronavirus to people who have not visited China could be “the spark that becomes a bigger fire,” while urging nations to fight the epidemic together.*

*Expectations for the Federal Reserve to prop up the economy with easy financial conditions if the coronavirus spills over into the U.S., also helped to support stocks. Investors say a continuation of ultraloose monetary policy could explain the disconnect between depressed long-dated bond yields, a sign that investors are piling into haven assets, and records in major equity benchmarks.*

Coronavirus fears remain at the top of investors’ minds, The Fed’s liquidity support can help to support valuations, but “ultimately muted Asian GDP growth and earnings expectations” will be important to watch. As long as investors don’t perceive a threat to corporate earnings and the U.S. economy from the virus, then the market can continue to trade higher on better economic data and better-than-expected earning.

*Chinese factories started to reopen on Monday, but local government efforts to limit the spread of the virus has led some businesses to stay closed. A prolonged closure could exacerbate the nation’s slowdown and upend global supply chains that rely on Chinese manufacturers to keep retailers stocked.*

China’s health ministry on Monday said another 3,062 cases had been reported over the previous
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10/2/2020
BSE:-162(40979)
NSE:-66(12031)
MID:-123(15780)
SML:-64(14776)
FII|FPI:-184Cr
DII:-735Cr
B.Crude: 54
Gold$:1572=INR:40590
Silver: 46183
Rs/$: 71.25
6.45 : 2029 G-Sec: 6.44
NSE PE: 26.89
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#KITEXGARMENTS https://invst.ly/pt54u
PROGRESSING MONTH ON MONTH #ALLIESFIN
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#NXTDIGITAL #HINDUJAVENTURES
https://invst.ly/pt4tb
SEEMS BOTTOMING OUT
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#TATAINVESTMENT https://invst.ly/pt4s9
NEW ZONE @ALLIESFIN
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#AIAENGG https://invst.ly/pt4nu
NEW JOURNEY HAD JUST BEGUN
#ALLIESFIN
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NIFTY DOWN APPROX 100 PTS AND REACHES 12000.
SPOT NIFTY SUPPORT 11969.
FUTURE NIFTY TRADES AT DISCOUNT TO SPOT NIFTY.
#ALLIESFIN #MARKET #OBSERVATIONS
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ORISSA MINERALS UP 10% UPPER LOCK...
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NEOGEN 52 WK TOP
NAM INDIA NEW 52 WK TOP

HEG CONTD UPWARD JOURNEY...
CHK CHARTS FOR ENTRY EXIT SL

JK CEMENT NEW BREAKOUT
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*Business Standard :*


Ø Reliance-BP to auction more gas from KG-D6 block

Ø Laid foundation for $5 trillion economy in budget: FM

Ø MCA seeks opinion on proposed audit curbs

Ø Homebuyers object to Insolvency code amendment

Ø Govt plans to sell 5% stake in SAIL via OFS

Ø Sebi wants 'difficult to recover' tag for defaulters

Ø MNCs with permanent establishment to pay tax on pre-negotiated income

Ø RBI 'reminds' banks on need to make additional provisioning for telco loans

Ø SoftBank in talks to pick up minority stake in Mahindra Electric Mobility

Ø Patented and in-licensed drugs post robust growth in Indian market

Ø CII recommends 12 urgent ways to decriminalise business offences

Business Line



*Mint :*


Ø GDP will reach new heights: NITI Ayog official

Ø Demonetisation was a good move: Mohandas Pai

Ø Nirmala Sitharaman bats for rationalisation of GST rates

Ø Whirlpool India Q3 net up 23 per cent

Ø BPCL starts export of very low sulphur oil from Kochi Port

Ø Marine exports get quality push as MPEDA sets up new microbiology lab

Ø Covea is in talks to buy Agnellis’ PartnerRe for $9 billion

Ø Falcon Edge Capital in talks for $250 million fund focused on India

Ø IL&FS: Sebi looks to levy higher penalties on three rating agencies

Ø FIIs’ equity holdings climb to a 13-quarter high during Oct-Dec

Ø Bitcoin breaches $10,000 to hit highest level since October

Financial Express



*Deccan Chronicle :*


Ø Government may impose antidumping on a chemical imported from 4 countries

Ø Govt to release Rs 35,000 crore to states to compensate for revenue loss

Ø Govt open to further consolidation of banks depending on need: Anurag Thakur

Ø Argentina to repay IMF debts after recession ends

Ø Airbus SE, Boeing Co eye multi-billion dollar deals with India

Ø Israel drawing up map for West Bank annexations
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*SGX Nifty -36 pts (12047) from last trade 12083 ,*


Nikkei -171 pts ,
Hangseng -312 pts ,
Now @6.52am .



Dow -277.26 pts ,Nsdq -51.64 pts , S&P
-51.64 pts , Bovespa -1419 pts , Ftse -38 pts , Dax -61 pts , Cac -8 pts , Crude @ $49.79 brl (-0.53), Brent @ $53.89 brl (-0.58) , Gold @ 1577.80 (+4.22), Silver @ $17.725 (+0.03), Euro @ $1.0949, JPY @ $109.63, INR @ 71.515




*Today's Corporate Action*
10th Feb Ex Date


SRF
Interim Dividend - Rs. - 7.0000
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@AlliesFin

*#SoulfulSundays*

*Change your Vision*

A wealthy man once had severe eye pain. He consulted many physicians but the ache persisted.
At last, he visited a monk who was known to treat such ailments.The monk advised that for sometime he should look at Green colors and not let his eyes fall on any other color.
It was a strange prescription, but the rich man decided to try it. He got a group of painters and directed them to paint green every object his eye was likely to fall on. When the monk went to visit him after a few days, the man's servants ran with buckets of green paint and poured it on him since the monk was wearing a red robe.
The monk laughed and said, "If only you had bought a pair of green spectacles, worth a few dollars, you could have saved these walls and trees and saved money.
You cannot paint the world green.
Change your vision and the world will appear accordingly.

Join @AlliesFin
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7/2/2020
BSE:-164(41141)
NSE:-39(12098)
MID:+69(15904)
SML:+110(14840)
FII|FPI:+162Cr
DII:-179Cr
B.Crude: 54
Gold$:1566=INR:40534
Silver: 46215
Rs/$: 71.39
6.45 : 2029 G-Sec: 6.41
NSE PE: 27.16
Join T.me/AlliesFin
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Mkt. Updates :

SGX Nifty -11 pts (12120) from last trade 12131 ,

Nikkei -54 pts ,
Hangseng -137 pts ,
Now @6.52am .

Dow +88.92 pts ,Nsdq +63.47 pts , S&P
+11.09 pts , Bovespa -838 pts , Ftse +22 pts , Dax +96 pts , Cac +52 pts , Crude @ $51.37 brl (+0.42), Brent @ $55.12 brl (+0.16) , Gold @ 1569.30 (-0.70), Silver @ $17.80 (-0.02), Euro @ $1.10098, JPY @ $109.96, INR @ 71.225


US GOVT. 10-YEAR YIELD : 1.63%


Today's Corporate Action, 7th Feb Ex Date :

AEGISLOG
Interim Dividend - Rs. - 0.5000
BSOFT
Interim Dividend - Rs. - 1.0000
CUMMINSIND
Interim Dividend - Rs. - 7.0000
NIITTECH
Interim Dividend - Rs. - 10.0000
VAIBHAVGBL
Interim Dividend - Rs. - 7.0000


Today's Key Result, NET PROFIT ESTIMATES, 7th Feb :

Britannia ( Cons 359 Cr +20 % Yoy Res after Mkt )
NTPC ( 2927 Cr +23% Yoy )
Tata Steel ( Cons 101 Cr -96% Yoy)
UPL ( Cons 648 Cr +41% Yoy )
ACC ( Cons 341 Cr -53% Yoy Res During Mkt)
Alkem lab ( Cons 274 Cr +36% Yoy )
Contain Corp ( 2711 Cr -1% Yoy)
Emami ( Cons 297 Cr +116% Yoy Res After Mkt)
Mgl ( 783 Cr +22% Yoy)
Nhpc ( 367 Cr +102% Yoy )
Oberoi Realty ( Cons Cr -3% Yoy)
Varun Beverages ( Cons 94 Cr Loss)
Voltas ( Cons 112 Cr +39% Yoy)
Whirlpool Ind ( 106 Cr +76% Yoy)
Source Cogencis


Today's Data Alert :

Feb 7 : TERM REPO AUCTION: 13-day variable rate term repo for 260 bln rupees. Bids to be submitted between 1100 and 1130 IST.
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Business Standard

Ø GDP growth down largely on low growth in mfg: Govt

Ø BSNL, MTNL won't be closed: Govt in Rajya Sabha

Ø US has approved purchases of Venezuelan oil: RIL

Ø Hero MotoCorp Q3 profit rises 14% to Rs 880 crore

Ø Deposit cover hike won't hit banks' balance-sheets: RBI

Ø Aircraft market: Airbus, Adani Defence join hands

Ø Adani group firm raises $1 billion via dollar bonds



Ø RBI policy: Repo rate unchanged at 5.15%; MPC retains accommodative stance

Ø Hero MotoCorp Q3 consolidated net profit rises 17% to Rs 905 crore

Ø ArcelorMittal makes $1.6 bn equity contribution for Essar Steel acquisition

Ø Aurobindo Pharma Q3 PBT rises 6% to Rs 942.8 cr; revenues up 11.9%

Ø NMDC's Q3 consolidated net profit declines 12.75% to Rs 1,375 crore

Ø DLF Q3 profit before tax rises 55% to Rs 368.6 cr; total income falls 36%

Business Line



Mint

Ø India Inc Q3 revenue growth slowest in sixteen quarters

Ø RBI estimates GDP to expand at 6% in FY21

Ø Total to invest $510 m for 50% stake in Adani’s solar biz

Ø ArcelorMittal reports $1.9-billion loss in December quarter on lower sales

Ø PM insists economy strong, no cause for despondence

Ø Emami sells cement unit to Nirma arm for ₹5,500 cr



Ø RBI decision to ease norms to repay project loans to bring relief to developers

Ø Sun Pharma Q3 profit down 26% at ₹914 crore as expenses rise

Ø DoT approves merger of Bharti Airtel, Tata Teleservices

Ø Lupin posts Rs835 crore loss in Oct-Dec on second Gavis impairment

Ø India needs to double credit growth to 15% to achieve $5 trn economy target

Financial Express



Deccan Chronicle

Ø India’s rice exports likely to dip by 18-20% in FY20: Report

Ø RBI announces incentive for lending to MSME, home, auto sectors

Ø RBI rules out printing more money to cover fiscal deficit

Ø India will now import oil from Russia; aims for price stability



Ø RBI has many other tools to revive growth, not just interest rates: Das

Ø Kia Motors denies move to shift unit out of Andhra Pradesh

Ø Our target is USD 5 billion of defence export in next five years: PM Modi
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@AlliesFin

6/2/2020
BSE:+163(41306)
NSE:+48(12137)
MID:+126(15834)
SML:+76(14729)
FII|FPI:-560Cr
DII:+304Cr
B.Crude: 55
Gold$:1566=INR:40347
Silver: 46138
Rs/$: 71.19
6.45 : 2029 G-Sec: 6.44
NSE PE: 27.16

Join t.me/AlliesFin
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RBI: DECIDED TO LINK PRICING OF LOANS BY SCHEDULED COMMERCIAL BANKS FOR MEDIUM ENTERPRISES TO AN EXTERNAL BENCHMARK EFFECTIVE APRIL 1, 2020

RBI: WILL CARRY OUT A REVIEW OF THE EXTANT REGULATORY FRAMEWORK APPLICABLE TO HFCS AND ISSUE REVISED REGULATIONS IN DUE COURSE

RBI: TO PERMIT EXTENSION OF DATE OF COMMENCEMENT OF COMMERCIAL OPS OF PROJECT LOANS FOR COMMERCIAL REAL ESTATE, DELAYED FOR REASONS BEYOND CONTROL OF PROMOTERS, BY ANOTHER ONE YEAR

RBI: IN LIGHT OF RECENT DEVELOPMENTS, THERE IS A NEED TO STRENGTHEN CORPORATE GOVERNANCE FRAMEWORK OF CORE INVESTMENT COMPANIES

RBI: FOOD INFLATION SOFTENING TO BE MORE PRONOUNCED IN Q4

RBI TO CONDUCT LONG-TERM REPO OPS OF ONE YEAR, THREE YEAR TENORS OF APPROPRIATE SIZES UP TO A TOTAL OF 1T RUPEES AT THE REPO RATE

RBI: LIQUIDITY IN SYSTEM REMAINED IN SURPLUS IN DEC., JAN.

RBI EEPS RATE UNCHANGED AT 5.15%
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