#alliesfin
30/4/2020
BSE:+997(33717)
NSE:+306(9859)
MID:+173(12013)
SML:+126(11101)
FII|FPI:+1968Cr
DII:+579Cr
B.Crude: 25
Gold$:1717=INR:45706
Silver: 42322
Rs/$: 75.11
6.45 : 2029 G-Sec: 6.11
NSE PE: 22.35
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Thursday 30 April 2020
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
#reliance #AlliesFin
RIL right issue :
1 on 15 shares
Issue price : 1257
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
RIL right issue :
1 on 15 shares
Issue price : 1257
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
27% of top 100 NSE firms can't afford salaries -
https://news.rediff.com/commentary/2020/apr/29/27-of-top-100-nse-firms-cant-afford-salaries/4c1ad0239c50451092aefc8e0214a2f7?
SUPPORT THE SYSTEMS AND PAYMENTS CYCLE
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
https://news.rediff.com/commentary/2020/apr/29/27-of-top-100-nse-firms-cant-afford-salaries/4c1ad0239c50451092aefc8e0214a2f7?
SUPPORT THE SYSTEMS AND PAYMENTS CYCLE
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
@ALLIESFIN
01 MAY 2020
FRIDAY
HOLIDAYS IN MARKETS ON ACCOUNT OF MAHARASHTRA DAY.
JOIN #ALLIESFIN CHANNEL ON TELEGRAM
https://T.me/AlliesFin
Share n Support us
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01 MAY 2020
FRIDAY
HOLIDAYS IN MARKETS ON ACCOUNT OF MAHARASHTRA DAY.
JOIN #ALLIESFIN CHANNEL ON TELEGRAM
https://T.me/AlliesFin
Share n Support us
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
Sidbi suggesting a plan for government to guarantee (10% for loans below 5 cr 15 % for loans below 1cr of normal working capital) for emergency credit line. The cost could be 16000cr in three years.
Bankers urge for 25% guarantee for loans under 300cr
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Bankers urge for 25% guarantee for loans under 300cr
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
#TATASTEEL CO APPROVED
ALLOTMENT OF 10,000
UNSECURED,
RATED,
LISTED,
REDEEMABLE,
NON-CONVERTIBLE
DEBENTURES OF FACE VALUE RUPEES 10 LAKH EACH, FOR CASH AGGREGATING TO RUPEES 10BN. #ALLIESFIN
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
ALLOTMENT OF 10,000
UNSECURED,
RATED,
LISTED,
REDEEMABLE,
NON-CONVERTIBLE
DEBENTURES OF FACE VALUE RUPEES 10 LAKH EACH, FOR CASH AGGREGATING TO RUPEES 10BN. #ALLIESFIN
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
#NIFTY
Step by Step Nifty is hinting every move with Technical supports its up n down move.
Abv 9360 was 1st +ve sign
today 9810+
support contd at 8820.
nxt psychological lvl 10k.
#alliesfin #market #observations
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Step by Step Nifty is hinting every move with Technical supports its up n down move.
Abv 9360 was 1st +ve sign
today 9810+
support contd at 8820.
nxt psychological lvl 10k.
#alliesfin #market #observations
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Wednesday 29 April 2020
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
@AlliesFin
29/4/2020
BSE:+605(32720)
NSE:+172(9553)
MID:+117(11840)
SML:+112(10975)
FII|FPI:+722Cr
DII:+78Cr
B.Crude: 21
Gold$:1708=INR:45981
Silver: 42140
Rs/$: 75.69
6.45 : 2029 G-Sec: 6.12
NSE PE: 21.65
Join @AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
29/4/2020
BSE:+605(32720)
NSE:+172(9553)
MID:+117(11840)
SML:+112(10975)
FII|FPI:+722Cr
DII:+78Cr
B.Crude: 21
Gold$:1708=INR:45981
Silver: 42140
Rs/$: 75.69
6.45 : 2029 G-Sec: 6.12
NSE PE: 21.65
Join @AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
@AlliesFin
#Nifty expected to open higher near the next #breakout /#resistance zone of 9405-9450. Nifty major breakdown point now moves to 9270 and 9119
#US #Markets closed near the flat zone as optimism on economy opening was offset by weakness in #technology shares which attracted profit booking / sell on news mentality.
#Nasdaq remained ranked under performer for the day.
Post market US future moved higher ahead of crucial Fed meet helping #Asian markets to move into green.
After days of consolidation near 100 zone, US $ index broke below 100 to close near 99.78 level.
#Crude #futures continued to remain volatile as many of US traders are planning to wind down June future ahead of May 19 expiry. Crude futures after falling by as much as 20% are witnessing some recovery in early morning trade.
#Axisbank posted mix set of results with asset quality improving a bit but higher covid provision resulted in net loss for q4.
The next two days trading would be dominated by April series expiry related volatility and moves by central banks in US, #Japan and #Europe.
Stay connected join
https://t.me/AlliesFin
Share n Support
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
#Nifty expected to open higher near the next #breakout /#resistance zone of 9405-9450. Nifty major breakdown point now moves to 9270 and 9119
#US #Markets closed near the flat zone as optimism on economy opening was offset by weakness in #technology shares which attracted profit booking / sell on news mentality.
#Nasdaq remained ranked under performer for the day.
Post market US future moved higher ahead of crucial Fed meet helping #Asian markets to move into green.
After days of consolidation near 100 zone, US $ index broke below 100 to close near 99.78 level.
#Crude #futures continued to remain volatile as many of US traders are planning to wind down June future ahead of May 19 expiry. Crude futures after falling by as much as 20% are witnessing some recovery in early morning trade.
#Axisbank posted mix set of results with asset quality improving a bit but higher covid provision resulted in net loss for q4.
The next two days trading would be dominated by April series expiry related volatility and moves by central banks in US, #Japan and #Europe.
Stay connected join
https://t.me/AlliesFin
Share n Support
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Tuesday 28 April 2020
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
@AlliesFin
28/4/2020
BSE:+371(32114)
NSE:+98(9380)
MID:+93(11722)
SML:+82(10862)
FII|FPI:-122Cr
DII:+389Cr
B.Crude: 20
Gold$:1707=INR:45900
Silver: 41570
Rs/$: 76.10
6.45 : 2029 G-Sec: 6.13
NSE PE: 21
T.me/AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
28/4/2020
BSE:+371(32114)
NSE:+98(9380)
MID:+93(11722)
SML:+82(10862)
FII|FPI:-122Cr
DII:+389Cr
B.Crude: 20
Gold$:1707=INR:45900
Silver: 41570
Rs/$: 76.10
6.45 : 2029 G-Sec: 6.13
NSE PE: 21
T.me/AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
#NIFTY SPOT ABOVE 9360
1ST + VE SIGN FOR NEXT BREAKOUT.
SUPPORT 8820.
#ALLIESFIN #MARKET #OBSERVATIONS
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
1ST + VE SIGN FOR NEXT BREAKOUT.
SUPPORT 8820.
#ALLIESFIN #MARKET #OBSERVATIONS
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
FROM INTRA LOW MOVING TOWARDS INTRADAY HIGH #RELIANCE WHAT A RIDE...
CROSS OVER COULD BRING FRESH RUN FOR THE DAY... #DAY #TRADERS #HOME
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
CROSS OVER COULD BRING FRESH RUN FOR THE DAY... #DAY #TRADERS #HOME
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
RELIANCE RIGHTS ISSUE TO PRICE LOWER THEN CURRENT MARKETS PRICES.
ONE CAN BOOK PROFITS IN RELIANCE AND APPLY FOR RIGHTS ISSUE AT LOWER PRICE.
#markets #observations #alliesfin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
ONE CAN BOOK PROFITS IN RELIANCE AND APPLY FOR RIGHTS ISSUE AT LOWER PRICE.
#markets #observations #alliesfin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
*Business Standard :*
Ø India plans Rs 3 trillion booster dose for Covid-choked MSMEs
Ø Crisil downgrades India growth forecast by half to 1.8%
Ø Subsume GST to cut tax burden on mining sector: Ficci
Ø Special insurance schemes for FMCG 'frontline' workers
Ø Wipro faces lawsuit in US over discrimination
Ø Mazumdar recognised among top 20 Biopharma leaders
Ø RBI to open Rs 50,000-cr liquidity window for MFs
Ø HDFC Life reports 17% decline in pre-tax profit to Rs 284.47 cr in Q4
Ø India Ratings pegs GDP growth rate in range of -2.1 to 1.9% for FY21
Ø Ambuja Cements Q1 net up 6.80% even as volumes decline
Ø Covid-19 impact: PE/VC investments hit 12-quarter low at $5.1 billion
Business Line
*Mint :*
Ø India Inc’s overseas borrowing touches all-time high of $45 billion in FY20
Ø LIC posts 25.17 per cent growth in first-year new business premium in FY20
Ø Port levies on imported waste paper shipments crush recyclers
Ø Adani Power standalone Q4 net loss widens to ₹79 crore
Ø Microsoft wins five-year deal with Coca-Cola to supply business software
Ø IndusInd Bank Q4 net profit dips 16% on higher provisions, misses estimates
Ø SC issues notice on plea for refund on air tickets cancelled due to lockdown
Ø Credit risk funds have lost favour in the last fiscal
Financial Express
*Deccan Chronicle :*
Ø CBDT again defers GST, GAAR reporting in I-T audit report till March 2021
Ø Corona carnage: Whopping 74% small businesses, startups may shutdown, scale down in next few months
Ø Bank of Japan expands monetary stimulus again as coronavirus pandemic pain deepens
Ø Franklin Templeton Mutual Fund pledges to return investors money at earliest
Ø Amazon India strengthens tie-up with Railways for faster deliveries amid lockdown
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Ø India plans Rs 3 trillion booster dose for Covid-choked MSMEs
Ø Crisil downgrades India growth forecast by half to 1.8%
Ø Subsume GST to cut tax burden on mining sector: Ficci
Ø Special insurance schemes for FMCG 'frontline' workers
Ø Wipro faces lawsuit in US over discrimination
Ø Mazumdar recognised among top 20 Biopharma leaders
Ø RBI to open Rs 50,000-cr liquidity window for MFs
Ø HDFC Life reports 17% decline in pre-tax profit to Rs 284.47 cr in Q4
Ø India Ratings pegs GDP growth rate in range of -2.1 to 1.9% for FY21
Ø Ambuja Cements Q1 net up 6.80% even as volumes decline
Ø Covid-19 impact: PE/VC investments hit 12-quarter low at $5.1 billion
Business Line
*Mint :*
Ø India Inc’s overseas borrowing touches all-time high of $45 billion in FY20
Ø LIC posts 25.17 per cent growth in first-year new business premium in FY20
Ø Port levies on imported waste paper shipments crush recyclers
Ø Adani Power standalone Q4 net loss widens to ₹79 crore
Ø Microsoft wins five-year deal with Coca-Cola to supply business software
Ø IndusInd Bank Q4 net profit dips 16% on higher provisions, misses estimates
Ø SC issues notice on plea for refund on air tickets cancelled due to lockdown
Ø Credit risk funds have lost favour in the last fiscal
Financial Express
*Deccan Chronicle :*
Ø CBDT again defers GST, GAAR reporting in I-T audit report till March 2021
Ø Corona carnage: Whopping 74% small businesses, startups may shutdown, scale down in next few months
Ø Bank of Japan expands monetary stimulus again as coronavirus pandemic pain deepens
Ø Franklin Templeton Mutual Fund pledges to return investors money at earliest
Ø Amazon India strengthens tie-up with Railways for faster deliveries amid lockdown
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
*Mkt. Updates :*
*SGX Nifty +40 pts (9344) from last trade 9304 ,*
Nikkei -108 pts ,
Hangseng +121 pts ,
Now @6.52am .
Dow +358.51 pts ,Nsdq +95.64 pts, S&P +41.74 pts , Bovespa +2907 pts , Ftse +94 pts , Dax +323 pts , Cac +111 pts , Crude @ $12.42 brl (-0.36), Brent @ $19.99 brl (-0.00) , Gold @ 1719.80 (-4.00), Silver @ $15.25 (+0.04), Euro @ $1.0823, JPY @ $107.27, INR @ 76.165
*US GOVT. 10-YEAR YIELD : 0.66%*
*Today's Corporate Action, 28th Apr Ex Date :*
None
*Today's Board meetings, 28-Apr-20 :*
ATUL
Audited Results
AXISBANKBanks
Audited Results;General
JKPAPER
Buy Back of Shares
TVSMOTOR
General
VIPCLOTHNG
General
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
*SGX Nifty +40 pts (9344) from last trade 9304 ,*
Nikkei -108 pts ,
Hangseng +121 pts ,
Now @6.52am .
Dow +358.51 pts ,Nsdq +95.64 pts, S&P +41.74 pts , Bovespa +2907 pts , Ftse +94 pts , Dax +323 pts , Cac +111 pts , Crude @ $12.42 brl (-0.36), Brent @ $19.99 brl (-0.00) , Gold @ 1719.80 (-4.00), Silver @ $15.25 (+0.04), Euro @ $1.0823, JPY @ $107.27, INR @ 76.165
*US GOVT. 10-YEAR YIELD : 0.66%*
*Today's Corporate Action, 28th Apr Ex Date :*
None
*Today's Board meetings, 28-Apr-20 :*
ATUL
Audited Results
AXISBANKBanks
Audited Results;General
JKPAPER
Buy Back of Shares
TVSMOTOR
General
VIPCLOTHNG
General
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Monday 27 April 2020
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
TAKEAWAYS FROM THE PM-CM Video conference (in progress)
* MAHARASHTRA, DELHI, TAMIL NADU, ANDHRA PRADESH, TELANGANA, WEST BENGAL, ODISHA SEEK LOCKDOWN EXTENSION–OFFICIAL--
* MUMBAI , PUNE likely to see extension till May 18, Delhi till may 16.
* Key discussion point is transporting the Migrants to their home, as this seems to be a common nightmare for states as well as maintaining law and order seems to be becoming an issue.
* States asking for added Financial help from the Center
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
* MAHARASHTRA, DELHI, TAMIL NADU, ANDHRA PRADESH, TELANGANA, WEST BENGAL, ODISHA SEEK LOCKDOWN EXTENSION–OFFICIAL--
* MUMBAI , PUNE likely to see extension till May 18, Delhi till may 16.
* Key discussion point is transporting the Migrants to their home, as this seems to be a common nightmare for states as well as maintaining law and order seems to be becoming an issue.
* States asking for added Financial help from the Center
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
NIFTY NEAR MULTIPLE RESISTANCE OF 9360
A CLOSE ABOVE THIS LEVEL FOR 2/3 DAYS COULD BE HIGHLY +VE ELSE PROFIT BOOKING POSSIBLE.
NEAR BY SUPPORT 9090 AND 8820
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
A CLOSE ABOVE THIS LEVEL FOR 2/3 DAYS COULD BE HIGHLY +VE ELSE PROFIT BOOKING POSSIBLE.
NEAR BY SUPPORT 9090 AND 8820
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
*Business Standard :*
Ø India seeks IMF, WB help to deal with IIP data gaps
Ø Factories fire up in Europe to pull economy back
Ø GMR Hyderabad Airport connects to African markets with cargo services
Ø Nabard lines up term loan facility for MFIs
Ø CBIC clears Rs 10k cr GST, customs refund in 16 days
Ø India's US G-Sec holdings at record high in Feb
Ø Finance Ministry, Sebi question mutual funds on Franklin Templeton fiasco
Ø Days after deal with Facebook, RIL starts WhatApp-based online portal
Ø ICICI Pru Life's Q4 takes a hit on higher share of ULIPs, Covid-19
Ø Finance Ministry likely to present new GDP, budgetary targets by July
Ø Yes Bank scam: CBI takes DHFL promoters Wadhawan brothers into custody
Business Line
*Mint :*
Ø IT officers pitch for 40% tax on super rich, new Covid cess
Ø IRB Infra’s board approves ₹2,500-cr fund-raise plan
Ø NTPC to procure fuel cell buses, cars for Delhi, Leh
Ø Mekins Industries develops ultra violet light-based disinfectant trolley
Ø Covid-19 may punch a big hole in petro-tax tank of Centre, States
Ø Telcos may do better in Q4, but there were no gains for Bharti Infratel
Ø Transportation of employees and goods remain key challenges to restart biz: CII
Ø VIX falls 54% from high, investors may be underestimating risks
Ø 47% of Indian startups and SMEs have less than a month of cash left: Survey
Financial Express
*Deccan Chronicle :*
Ø Foodgrain stocks hit all-time high of 73.85 mt in April
Ø Union Bank plans to lower stake in IndiaFirst Life to less than 10 per cent
Ø IBBI excludes lockdown from resolution time frame
Ø India's holding of US government securities hits record high of $177.5 billion in Feb
Ø SAARC nations unveil emergency stimulus packages to mitigate Covid19 economic fallout
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Ø India seeks IMF, WB help to deal with IIP data gaps
Ø Factories fire up in Europe to pull economy back
Ø GMR Hyderabad Airport connects to African markets with cargo services
Ø Nabard lines up term loan facility for MFIs
Ø CBIC clears Rs 10k cr GST, customs refund in 16 days
Ø India's US G-Sec holdings at record high in Feb
Ø Finance Ministry, Sebi question mutual funds on Franklin Templeton fiasco
Ø Days after deal with Facebook, RIL starts WhatApp-based online portal
Ø ICICI Pru Life's Q4 takes a hit on higher share of ULIPs, Covid-19
Ø Finance Ministry likely to present new GDP, budgetary targets by July
Ø Yes Bank scam: CBI takes DHFL promoters Wadhawan brothers into custody
Business Line
*Mint :*
Ø IT officers pitch for 40% tax on super rich, new Covid cess
Ø IRB Infra’s board approves ₹2,500-cr fund-raise plan
Ø NTPC to procure fuel cell buses, cars for Delhi, Leh
Ø Mekins Industries develops ultra violet light-based disinfectant trolley
Ø Covid-19 may punch a big hole in petro-tax tank of Centre, States
Ø Telcos may do better in Q4, but there were no gains for Bharti Infratel
Ø Transportation of employees and goods remain key challenges to restart biz: CII
Ø VIX falls 54% from high, investors may be underestimating risks
Ø 47% of Indian startups and SMEs have less than a month of cash left: Survey
Financial Express
*Deccan Chronicle :*
Ø Foodgrain stocks hit all-time high of 73.85 mt in April
Ø Union Bank plans to lower stake in IndiaFirst Life to less than 10 per cent
Ø IBBI excludes lockdown from resolution time frame
Ø India's holding of US government securities hits record high of $177.5 billion in Feb
Ø SAARC nations unveil emergency stimulus packages to mitigate Covid19 economic fallout
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
*Mkt. Updates :*
SGX Nifty +45 pts (9195) from last trade 9150 ,
Nikkei +296 pts ,
Hangseng +199 pts ,
Now @6.52am .
Dow +260.01 pts ,Nsdq +139.77 pts, S&P +38.94 pts , Bovespa -4342 pts , Ftse -74 pts , Dax -177 pts , Cac -57 pts , Crude @ $16.49 brl (-0.49), Brent @ $21.62 brl (-0.81) , Gold @ 1742.40 (+6.40), Silver @ $15.345 (+0.08), Euro @ $1.0818, JPY @ $107.52, INR @ 76.275
US GOVT. 10-YEAR YIELD : 0.62%
Today's Corporate Action, 27th Apr Ex Date :
MADHAVIPL
Stock Split From Rs.10/- to Rs.1/-
Today's Board meetings, 27-Apr-20 :
AMBUJACEM
Quarterly Results
INDUSINDBK
Audited Results
PFIZER
Interim Dividend
QUANTBUILD
Reduction of Capital
SASKEN
A.G.M.;Audited Results;General
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
SGX Nifty +45 pts (9195) from last trade 9150 ,
Nikkei +296 pts ,
Hangseng +199 pts ,
Now @6.52am .
Dow +260.01 pts ,Nsdq +139.77 pts, S&P +38.94 pts , Bovespa -4342 pts , Ftse -74 pts , Dax -177 pts , Cac -57 pts , Crude @ $16.49 brl (-0.49), Brent @ $21.62 brl (-0.81) , Gold @ 1742.40 (+6.40), Silver @ $15.345 (+0.08), Euro @ $1.0818, JPY @ $107.52, INR @ 76.275
US GOVT. 10-YEAR YIELD : 0.62%
Today's Corporate Action, 27th Apr Ex Date :
MADHAVIPL
Stock Split From Rs.10/- to Rs.1/-
Today's Board meetings, 27-Apr-20 :
AMBUJACEM
Quarterly Results
INDUSINDBK
Audited Results
PFIZER
Interim Dividend
QUANTBUILD
Reduction of Capital
SASKEN
A.G.M.;Audited Results;General
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Sunday 26 April 2020
Saturday 25 April 2020
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
@AlliesFin
Take care of following Tax due dates
1. *Income tax* all pending 80C investments for the Financial Year 2019-20, in PPF Mutual Funds FD LIC etc can be made till 30th June 2020
2. *TDS payment* for the mth of March 20 need to be made before 30th April itself however return due date for Q4 id 30th June 2020
If the payment is made after 30th April there will be interest liability @9% pa.
3. *GST returns*
For monthly and Quarterly returns in Form GSTR 1 there is no late fee or interest and due date is 30th June 2020
( return period March April and May)
For Mthly GSTR 3B returns the due dates are shifted to 30th June 2020
However for cos. or entities above 5cr turnover payment delay of more than 15 days will attract int @9%
4. *ROC due dates* :-
DIR3 kyc for Directors - 30th April 2020
MSME form - 30th April 2020
Form 11 for LLP - 30 th May 2020
DPT 3 return - 30th June 2020
5.Yearly *PTEC* payments of 2500 due on 30.06.2020
6. *GST annual return* and Audit for FY 18-19 in Form GSTR 9 and 9C - 30.06.2020
7. All *existing trusts* need to re-register under Income tax 12AB and 80G before 31st Aug 2020
Allies Fin Serve
T.me/AlliesFin
+919869958999
Stay Home....S+919869958999
Stay Home....Safe & Healthy
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Take care of following Tax due dates
1. *Income tax* all pending 80C investments for the Financial Year 2019-20, in PPF Mutual Funds FD LIC etc can be made till 30th June 2020
2. *TDS payment* for the mth of March 20 need to be made before 30th April itself however return due date for Q4 id 30th June 2020
If the payment is made after 30th April there will be interest liability @9% pa.
3. *GST returns*
For monthly and Quarterly returns in Form GSTR 1 there is no late fee or interest and due date is 30th June 2020
( return period March April and May)
For Mthly GSTR 3B returns the due dates are shifted to 30th June 2020
However for cos. or entities above 5cr turnover payment delay of more than 15 days will attract int @9%
4. *ROC due dates* :-
DIR3 kyc for Directors - 30th April 2020
MSME form - 30th April 2020
Form 11 for LLP - 30 th May 2020
DPT 3 return - 30th June 2020
5.Yearly *PTEC* payments of 2500 due on 30.06.2020
6. *GST annual return* and Audit for FY 18-19 in Form GSTR 9 and 9C - 30.06.2020
7. All *existing trusts* need to re-register under Income tax 12AB and 80G before 31st Aug 2020
Allies Fin Serve
T.me/AlliesFin
+919869958999
Stay Home....S+919869958999
Stay Home....Safe & Healthy
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Friday 24 April 2020
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
RIL +9% ONLY TILL NOW
TOP 1494 TILL NOW
APPROX 50% UPMOVE FROM LOWS & 30% UP FROM FACEBOOK
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
TOP 1494 TILL NOW
APPROX 50% UPMOVE FROM LOWS & 30% UP FROM FACEBOOK
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
News from Financial Portals
# Oil rallies on acceleration of output cuts from OPEC nations
# Tata Group-owned Jaguar-Land Rover to revive largest plant by mid-May
# Pakistan receives $1.39 bn loan from IMF to deal with coronavirus crisis
# Unilever withdraws growth, margin guidance over coronavirus concerns
# Empty kitchens, closed stores: Small China firms struggle to cope with epidemic fallout
# Chinese investors flummoxed by India's new foreign investment rules
# U.N. agency calls for $1 trillion developing world debt write-off
# Refiners stare at Rs 25,000 cr inventory loss as oil prices slump: Crisil
# Franklin Templeton to close six India funds hit by coronavirus
# Housing sales fall 26% in Jan-March, new supply dips 51%: Report
# Weak economic outlook to give small finance banks more time to get listed
# Sidbi to provide liquidity support to NBFCs, MFIs with 90-day term loans
# Drug shortages in US market, compliance gains positive for pharma exporters
# Govt to suspend up to 1-year IBC provisions that trigger insolvency cases
# Telecom infra players urge states to reduce power tariffs amid coronavirus
# ArcelorMittal India FY20 steel output at record level of 7.23 mn tonnes
# S&P lowers Future Retail's issuer credit rating from 'B-' to 'CCC-'
# PM Modi, Sitharaman to meet on Friday to finalise second stimulus package
# MCX asks software vendor to enable negative price trading after broker ire
# Lockdown: UP govt to boost industrial activity in less infected districts
# Sebi eases default valuation for MFs, allows valuers to make exceptions
# Sebi halves post-buyback cooling off period for firms to six months
# We'll come out stronger from this situation: Infosys CEO Salil Parekh
# Bharti Infratel's Q4 consolidated net profit rises 6.89% to Rs 649.50 cr
# Alembic Pharma surges 10% on strong Q4 results; stock zooms 56% in a month
# Thanks to lockdown, aerosol levels hit 20-year low in India, finds NASA
Observations : MCX has asked vendors for -ve Trading window means exchange is not ready with the things and settled prices below ZERO too. isnt it strange ? it has costed about Rs 400 crores approx to traders and brokers community as per news.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
# Oil rallies on acceleration of output cuts from OPEC nations
# Tata Group-owned Jaguar-Land Rover to revive largest plant by mid-May
# Pakistan receives $1.39 bn loan from IMF to deal with coronavirus crisis
# Unilever withdraws growth, margin guidance over coronavirus concerns
# Empty kitchens, closed stores: Small China firms struggle to cope with epidemic fallout
# Chinese investors flummoxed by India's new foreign investment rules
# U.N. agency calls for $1 trillion developing world debt write-off
# Refiners stare at Rs 25,000 cr inventory loss as oil prices slump: Crisil
# Franklin Templeton to close six India funds hit by coronavirus
# Housing sales fall 26% in Jan-March, new supply dips 51%: Report
# Weak economic outlook to give small finance banks more time to get listed
# Sidbi to provide liquidity support to NBFCs, MFIs with 90-day term loans
# Drug shortages in US market, compliance gains positive for pharma exporters
# Govt to suspend up to 1-year IBC provisions that trigger insolvency cases
# Telecom infra players urge states to reduce power tariffs amid coronavirus
# ArcelorMittal India FY20 steel output at record level of 7.23 mn tonnes
# S&P lowers Future Retail's issuer credit rating from 'B-' to 'CCC-'
# PM Modi, Sitharaman to meet on Friday to finalise second stimulus package
# MCX asks software vendor to enable negative price trading after broker ire
# Lockdown: UP govt to boost industrial activity in less infected districts
# Sebi eases default valuation for MFs, allows valuers to make exceptions
# Sebi halves post-buyback cooling off period for firms to six months
# We'll come out stronger from this situation: Infosys CEO Salil Parekh
# Bharti Infratel's Q4 consolidated net profit rises 6.89% to Rs 649.50 cr
# Alembic Pharma surges 10% on strong Q4 results; stock zooms 56% in a month
# Thanks to lockdown, aerosol levels hit 20-year low in India, finds NASA
Observations : MCX has asked vendors for -ve Trading window means exchange is not ready with the things and settled prices below ZERO too. isnt it strange ? it has costed about Rs 400 crores approx to traders and brokers community as per news.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
Working from home in the coronavirus era often means that work-life boundaries are disappearing. In the U.S., employees are logging three hours more per day on the job than before lockdowns, according to new data. https://bloom.bg/2xWRT29
But post-lockdown life isn’t without its own challenges. The first epicenter of the virus, Wuhan, is coming back to life — but not as anyone knew it. Take a look into the dystopian world there: https://bloom.bg/2Y1q976
The Philippines is known for training nurses and sending them around the world, but now it finds itself shorthanded just as coronavirus infections and deaths skyrocket there. https://bloom.bg/3axu66f
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
But post-lockdown life isn’t without its own challenges. The first epicenter of the virus, Wuhan, is coming back to life — but not as anyone knew it. Take a look into the dystopian world there: https://bloom.bg/2Y1q976
The Philippines is known for training nurses and sending them around the world, but now it finds itself shorthanded just as coronavirus infections and deaths skyrocket there. https://bloom.bg/3axu66f
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
*SEBI Announces*
If company default in payment of Principal/Interest is due to lock down... rating agencies may not treat it as default..
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
If company default in payment of Principal/Interest is due to lock down... rating agencies may not treat it as default..
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
*What just happened to Franklin Templeton Funds* - Credit Risk Funds
First - Franklin Templeton today announced the winding down of SIX of its Debt Funds (which had credit risk)
This is effective tomorrow i.e. 24th April 2020
This is an unprecedented move
>> *Which are these Funds?*
These Funds are
Franklin Low Duration
Franklin Dynamic Accrual
Franklin Credit Risk Fund
Franklin Short Term Income
Franklin Ultra Short Bond
Franklin Income Opps Fund
All these funds have been wind down with immediate effect
>> *What happens to my investments in this wind-down? They will return my money?*
Ans: This wind-down is similar to a lock-down
These schemes will not allow any further transactions, no purchases, no redemptions
It's like the entire scheme becomes a segregated portfolio
>> *What do you mean? Tell me more clearly*
These six schemes put together as of date have an AUM of Rs. 28,000 cr. This entire AUM is now stuck as it is. You cannot redeem
>> *What do u mean, I cannot redeem?*
Simply put, you cannot withdraw any monies
>> *So u mean, my money is gone? They will never open these schemes*
Ans: Yes, the schemes are wound down. They will never open again
It will work like a segregated portfolio i.e. the day they get any interest,, maturity from any of the holdings it will distributed to all
>> *So I will get my money back soon?*
Ans: As and when the underlying portfolio instruments mature or the scheme receives the money back (in case interest or defaults etc) they will pay it back to you.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
First - Franklin Templeton today announced the winding down of SIX of its Debt Funds (which had credit risk)
This is effective tomorrow i.e. 24th April 2020
This is an unprecedented move
>> *Which are these Funds?*
These Funds are
Franklin Low Duration
Franklin Dynamic Accrual
Franklin Credit Risk Fund
Franklin Short Term Income
Franklin Ultra Short Bond
Franklin Income Opps Fund
All these funds have been wind down with immediate effect
>> *What happens to my investments in this wind-down? They will return my money?*
Ans: This wind-down is similar to a lock-down
These schemes will not allow any further transactions, no purchases, no redemptions
It's like the entire scheme becomes a segregated portfolio
>> *What do you mean? Tell me more clearly*
These six schemes put together as of date have an AUM of Rs. 28,000 cr. This entire AUM is now stuck as it is. You cannot redeem
>> *What do u mean, I cannot redeem?*
Simply put, you cannot withdraw any monies
>> *So u mean, my money is gone? They will never open these schemes*
Ans: Yes, the schemes are wound down. They will never open again
It will work like a segregated portfolio i.e. the day they get any interest,, maturity from any of the holdings it will distributed to all
>> *So I will get my money back soon?*
Ans: As and when the underlying portfolio instruments mature or the scheme receives the money back (in case interest or defaults etc) they will pay it back to you.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Wednesday 22 April 2020
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
Market Updates :*"
SGX Nifty -69 pts**
Dow -631.56 pts ,Nsdq -297.50 pts, S&P -86.60 pts , Bovespa Clsd , Ftse -171 pts , Dax -426 pts , Cac -170 pts , Nikkei -314 pts now ,Crude @ $10.01 brl (0.00), Brent @ $20.28 brl (+0.95) , Gold @ 1705.80 (+18.60), Silver @ $14.99 (+0.11), Euro @ $1.0858, JPY @ $107.72, INR @ 76.97
US GOVT. 10-YEAR YIELD : 0.57%
Today's Corporate Action, 22nd Apr Ex Date :*"
GULFOILLUB
Interim Dividend - Rs. - 7.0000
Today's Board meetings, 22-Apr-20 :**
RIIL
Audited Results;Dividend
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
SGX Nifty -69 pts**
Dow -631.56 pts ,Nsdq -297.50 pts, S&P -86.60 pts , Bovespa Clsd , Ftse -171 pts , Dax -426 pts , Cac -170 pts , Nikkei -314 pts now ,Crude @ $10.01 brl (0.00), Brent @ $20.28 brl (+0.95) , Gold @ 1705.80 (+18.60), Silver @ $14.99 (+0.11), Euro @ $1.0858, JPY @ $107.72, INR @ 76.97
US GOVT. 10-YEAR YIELD : 0.57%
Today's Corporate Action, 22nd Apr Ex Date :*"
GULFOILLUB
Interim Dividend - Rs. - 7.0000
Today's Board meetings, 22-Apr-20 :**
RIIL
Audited Results;Dividend
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
**Market Updates :**
**SGX Nifty -69 pts*"
Dow -631.56 pts ,Nsdq -297.50 pts, S&P -86.60 pts , Bovespa Clsd , Ftse -171 pts , Dax -426 pts , Cac -170 pts , Nikkei -314 pts now ,Crude @ $10.01 brl (0.00), Brent @ $20.28 brl (+0.95) , Gold @ 1705.80 (+18.60), Silver @ $14.99 (+0.11), Euro @ $1.0858, JPY @ $107.72, INR @ 76.97
**US GOVT. 10-YEAR YIELD : 0.57%**
*Today's Corporate Action, 22nd Apr Ex Date :*
GULFOILLUB
Interim Dividend - Rs. - 7.0000
Today's Board meetings, 22-Apr-20 :
RIIL
Audited Results;DividendBy: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
Economic Times
Business Standard
Ø 72% companies to take a Covid hit, 61% to defer expansion: FICCI survey
Ø RBI EMI moratorium could provide liquidity to cos
Ø 'Stress on industry due to Covid-19 to extend beyond Q1'
Ø Voda Idea pays Rs 1,367 cr to govt towards licence fee
Ø ICICI Bank confirms exposure to oil trader Hin Leong
Ø Nestle resumes manufacturing at all plants
Ø MCX to extend trading time for non-agri goods
Ø RBI considers standing deposit facility to manage extra liquidity
Ø ACC reports drop of nearly 7% in Q1 consolidated net profit at Rs 323 cr
Ø Oil firms float finished fuel products on Arabian Sea as demand slumps
Ø OMCs, RIL better placed; oil producers stare at losses as crude plunges
Ø Sebi grants breather to firms, extends expiration date for IPO approvals
Ø Ind-Ra rates Mahindra & Mahindra NCDs 'AAA' with stable outlook
Business Line
Mint
Ø Proposed Electricity Act may rework slabs for residential consumers
Ø Oil crash adds new shock to limping world economy
Ø IRDAI allows payment of health cover premium in instalments
Ø MFIs, banks bullish on fast recovery of rural economy post lockdown
Ø Indian PE, VC investments likely to fall 45-60 per cent: EY
Ø Jyothy Labs launches Margo hand sanitiser
Ø Oil crash adds new shock to limping world economy
Ø India’s domestic cooking gas demand spikes in April during lockdown
Ø CII seeks further easing of lockdown, wants more businesses to resume
Ø Investor wealth drops ₹3.30 lakh crore as equity markets tank
Ø Reduced market hours caused fiasco in crude settlement at MCX
Financial Express
Deccan Chronicle
Ø Fighting COVID-19: Govt may roll out fiscal package 2.0 today
Ø Time for India to think long-term during Covid-19 crisis, says economist Arvind Panagariya
Ø Coronavirus relief: SEIS sops for services exporters to continue
Ø RBI 3-month EMI moratorium could provide Rs 2.1 lakh cr liquidity to companies
Ø Sensex tanks 1,011 pts after oil plunge sparks global sell-off
Ø NSE cautions trading members over using video conferencing app Zoom
Ø Nearly 57 per cent of companies to face pandemic's negative impact, survey states
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Business Standard
Ø 72% companies to take a Covid hit, 61% to defer expansion: FICCI survey
Ø RBI EMI moratorium could provide liquidity to cos
Ø 'Stress on industry due to Covid-19 to extend beyond Q1'
Ø Voda Idea pays Rs 1,367 cr to govt towards licence fee
Ø ICICI Bank confirms exposure to oil trader Hin Leong
Ø Nestle resumes manufacturing at all plants
Ø MCX to extend trading time for non-agri goods
Ø RBI considers standing deposit facility to manage extra liquidity
Ø ACC reports drop of nearly 7% in Q1 consolidated net profit at Rs 323 cr
Ø Oil firms float finished fuel products on Arabian Sea as demand slumps
Ø OMCs, RIL better placed; oil producers stare at losses as crude plunges
Ø Sebi grants breather to firms, extends expiration date for IPO approvals
Ø Ind-Ra rates Mahindra & Mahindra NCDs 'AAA' with stable outlook
Business Line
Mint
Ø Proposed Electricity Act may rework slabs for residential consumers
Ø Oil crash adds new shock to limping world economy
Ø IRDAI allows payment of health cover premium in instalments
Ø MFIs, banks bullish on fast recovery of rural economy post lockdown
Ø Indian PE, VC investments likely to fall 45-60 per cent: EY
Ø Jyothy Labs launches Margo hand sanitiser
Ø Oil crash adds new shock to limping world economy
Ø India’s domestic cooking gas demand spikes in April during lockdown
Ø CII seeks further easing of lockdown, wants more businesses to resume
Ø Investor wealth drops ₹3.30 lakh crore as equity markets tank
Ø Reduced market hours caused fiasco in crude settlement at MCX
Financial Express
Deccan Chronicle
Ø Fighting COVID-19: Govt may roll out fiscal package 2.0 today
Ø Time for India to think long-term during Covid-19 crisis, says economist Arvind Panagariya
Ø Coronavirus relief: SEIS sops for services exporters to continue
Ø RBI 3-month EMI moratorium could provide Rs 2.1 lakh cr liquidity to companies
Ø Sensex tanks 1,011 pts after oil plunge sparks global sell-off
Ø NSE cautions trading members over using video conferencing app Zoom
Ø Nearly 57 per cent of companies to face pandemic's negative impact, survey states
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Tuesday 21 April 2020
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
21/4/2020
#AlliesFin
BSE:-1011(30636)
NSE:-280(8981)
MID:-321(11477)
SML:-322(10564)
FII|FPI:-2095Cr
DII:-68Cr
B.Crude: 21
Gold$:1668=INR:45325
Silver: 41748
Rs/$: 76.84
6.45 : 2029 G-Sec: 6.21
NSE PE: 20.10
Join @AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
#AlliesFin
BSE:-1011(30636)
NSE:-280(8981)
MID:-321(11477)
SML:-322(10564)
FII|FPI:-2095Cr
DII:-68Cr
B.Crude: 21
Gold$:1668=INR:45325
Silver: 41748
Rs/$: 76.84
6.45 : 2029 G-Sec: 6.21
NSE PE: 20.10
Join @AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
At MCX, due to the price gap between US and MCX, the settlement obligation for brokers who were holding a long position in crude oil will be major, experts said. It remains to be seen if all brokers fulfil their obligation or how many defaults. Though margins are generally in 5 per cent to 10 per cent range, this price drop is multi-fold. There will be huge unexpected pay-in obligations for buyers, experts said. The buyer of MCX April crude oil, who did not sell, will have to take delivery
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
Rajnath Singh to chair GOM meet at 4pm to discuss lockdown exit plan, stay tuned for updates https://T.me/AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
US benchmark WTI #Oil price closes at -$37.63/barrel. Negative $37.64!
This is unprecedented. A landmark moment that encapsulates how Russia & Saudi Arabia pushed crude markets to the brink by unleashing so much oil into the ecosystem that they literally had no place to store it.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
This is unprecedented. A landmark moment that encapsulates how Russia & Saudi Arabia pushed crude markets to the brink by unleashing so much oil into the ecosystem that they literally had no place to store it.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
Old saying proved today
@AlliesFin
Crude is very Shrude
Stay connected t.me/AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
@AlliesFin
Crude is very Shrude
Stay connected t.me/AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
For your knowledge...
Today for a brief period, crude prices fell BELOW ZERO in Canada
Reason : Cost of storage is more than the price of oil
It means...you buy crude and also get $
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Today for a brief period, crude prices fell BELOW ZERO in Canada
Reason : Cost of storage is more than the price of oil
It means...you buy crude and also get $
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Monday 20 April 2020
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
WTI Crude 11.69 (-36.02%)
BRENT Crude 26.35 (-6.16%)
Crude 7784 high in Aug 2013, now 965.
Suddenly Crude is out of fashion. But highly beneficial for India Bharat
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
BRENT Crude 26.35 (-6.16%)
Crude 7784 high in Aug 2013, now 965.
Suddenly Crude is out of fashion. But highly beneficial for India Bharat
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
https://www.straitstimes.com/business/companies-markets/singapore-giant-oil-trader-hin-leong-ocean-tankers-apply-for-court
Icici taking the lead on the downside on one of the client having some trouble on Reuters report
ICICI BANK: HOPES TO ARREST 2 VESSELS OF OCEAN TANKING, A UNIT OF OIL TRADER HIN LEONG || HAS EXPOSURE OF $100M TO OIL TRADER HIN LEONG BY WAY OF CARGO FINANCING - Reuters
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Icici taking the lead on the downside on one of the client having some trouble on Reuters report
ICICI BANK: HOPES TO ARREST 2 VESSELS OF OCEAN TANKING, A UNIT OF OIL TRADER HIN LEONG || HAS EXPOSURE OF $100M TO OIL TRADER HIN LEONG BY WAY OF CARGO FINANCING - Reuters
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
Oil Prices Hit $15 For The First Time In 21 Years
https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Hit-15-For-The-First-Time-In-21-Years.html
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
https://oilprice.com/Energy/Oil-Prices/Oil-Prices-Hit-15-For-The-First-Time-In-21-Years.html
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Sunday 19 April 2020
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
Today's Headlines from Https://t.me/AlliesFin
Economic Times
Delhi government to maintain status-quo in functioning of departments after April 20: Official
Air India opens bookings on select domestic routes from May 4, international from June 1
Zydus Cadila gets USFDA nod to market muscle spasms tablets
Amazon deploys thermal cameras at warehouses to scan for feverish workers
Railways transports record foodgrains during lockdown
GAIL says in readiness to start project execution post lockdown
Business Standard
India blocks automatic FDI route for neighbours to curb hostile takeovers
Amid Covid-19 crisis, auto firms rush online for nod to open factories
HDFC Banks' PBT rises 2.5% to Rs 9,174 crore; makes higher provisions
Eros merges with Hollywood producer STX Entertainment in bid to go global
Covid-19: At Rs 43.5 trn by March, Indian households' debt at record high
Suzlon board okays proposals to restructure outstanding debt, bonds dues
Walmart, Flipkart secure one million medical gowns in coronavirus fight
Govt allows imported drugs with residual shelf life of under 60%
US announces $19 bn coronavirus aid for farmers, food buys for poor
Ford issues $8 bn debt securities after coronavirus causes $2 bn loss
Financial Express
Ambuja Cements to start production from April 20, in talks with authorities
Power Ministry brings new draft of Electricity Amendment Bill
Westlife Development’s same-store sales growth down 6.9% in Jan-March
COVID-19: Global fiscal measures, liquidity injections near $14 trillion, says IMF
No cut in petrol, diesel prices for over a month; fuel sales slump up to 94% in April
Coronavirus lockdown: BSNL extends prepaid connection validity till May 5
Mint
Health Ministry invites bids for procurement of oxygen cylinders
Banks fail to reach consensus on NBFC loan moratorium
JLR sales dip 12% in 19-20 as coronavirus takes toll in Q4
Maruti Suzuki prescribes SOP for workplace for resuming operations post-lockdown
Texas oil at $2 a barrel raises specter of negative prices
Spain to extend lockdown by two weeks as coronavirus deaths pass 20,000
Lockdown has severely disrupted supply chains: Niti Aayog CEO Amitabh Kant
HDFC Bank shortlists three candidates to replace Aditya Puri
Titan rolls out Akshaya Tritiya offers on jewellery brands.
Stay Connected with Market News and Updates on
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Laptop
Tab
iPad
Etc
Join https://t.me/AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Economic Times
Delhi government to maintain status-quo in functioning of departments after April 20: Official
Air India opens bookings on select domestic routes from May 4, international from June 1
Zydus Cadila gets USFDA nod to market muscle spasms tablets
Amazon deploys thermal cameras at warehouses to scan for feverish workers
Railways transports record foodgrains during lockdown
GAIL says in readiness to start project execution post lockdown
Business Standard
India blocks automatic FDI route for neighbours to curb hostile takeovers
Amid Covid-19 crisis, auto firms rush online for nod to open factories
HDFC Banks' PBT rises 2.5% to Rs 9,174 crore; makes higher provisions
Eros merges with Hollywood producer STX Entertainment in bid to go global
Covid-19: At Rs 43.5 trn by March, Indian households' debt at record high
Suzlon board okays proposals to restructure outstanding debt, bonds dues
Walmart, Flipkart secure one million medical gowns in coronavirus fight
Govt allows imported drugs with residual shelf life of under 60%
US announces $19 bn coronavirus aid for farmers, food buys for poor
Ford issues $8 bn debt securities after coronavirus causes $2 bn loss
Financial Express
Ambuja Cements to start production from April 20, in talks with authorities
Power Ministry brings new draft of Electricity Amendment Bill
Westlife Development’s same-store sales growth down 6.9% in Jan-March
COVID-19: Global fiscal measures, liquidity injections near $14 trillion, says IMF
No cut in petrol, diesel prices for over a month; fuel sales slump up to 94% in April
Coronavirus lockdown: BSNL extends prepaid connection validity till May 5
Mint
Health Ministry invites bids for procurement of oxygen cylinders
Banks fail to reach consensus on NBFC loan moratorium
JLR sales dip 12% in 19-20 as coronavirus takes toll in Q4
Maruti Suzuki prescribes SOP for workplace for resuming operations post-lockdown
Texas oil at $2 a barrel raises specter of negative prices
Spain to extend lockdown by two weeks as coronavirus deaths pass 20,000
Lockdown has severely disrupted supply chains: Niti Aayog CEO Amitabh Kant
HDFC Bank shortlists three candidates to replace Aditya Puri
Titan rolls out Akshaya Tritiya offers on jewellery brands.
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By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
@AlliesFin
From Mahabharata:
Yudhishthira = Ethical Investor.
Bheem = Courageous Investor ( High Risk businesses)
Arjun = Focused Investor ( Concentrated Portfolio of High quality businesses under the guidance of Lord Krishna)
Nakul & Sahadev = Interested in New & emerging businesses.
Dhritarashtra = Blindly follow the PF of celebrity Investors.
Duryodhana = Investor who never learn from previous mistakes coz of his ego.
Shakuni = A cunning advisor of Duryodhana & always shows "value traps" as Multibagger ideas.
Bhishma = A veteran investor who witnessed so many market cycles.
Abhimanyu = A cyclical stock Investor without exit strategy.
Ekalavya = Best DIY Investor with excellent investment strategy.
Uttara kumara = PF performance in social media 30% CAGR, actual performance 3% CAGR.
#AlliesFin
#Randomthoughts
Join @AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
From Mahabharata:
Yudhishthira = Ethical Investor.
Bheem = Courageous Investor ( High Risk businesses)
Arjun = Focused Investor ( Concentrated Portfolio of High quality businesses under the guidance of Lord Krishna)
Nakul & Sahadev = Interested in New & emerging businesses.
Dhritarashtra = Blindly follow the PF of celebrity Investors.
Duryodhana = Investor who never learn from previous mistakes coz of his ego.
Shakuni = A cunning advisor of Duryodhana & always shows "value traps" as Multibagger ideas.
Bhishma = A veteran investor who witnessed so many market cycles.
Abhimanyu = A cyclical stock Investor without exit strategy.
Ekalavya = Best DIY Investor with excellent investment strategy.
Uttara kumara = PF performance in social media 30% CAGR, actual performance 3% CAGR.
#AlliesFin
#Randomthoughts
Join @AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
*Key highlights from RBI press meet*
RBI is monitoring the situation very closely and has been and *will continue to make changes as and when required*
_Key steps taken_
_A) to provode adequate liquidity in system_
Development of funds has been to large corporates and PSU entities, but impact has been more on small corporates. *Thus undertake TLTRO 2.0, for an INR500bn ( to begin with)* the funds will be invested in NBFCs with 50% to the mid sized, small sized NBFCs and MFI - this has to be done within 1 month of availmemt - this will be under HTM for banks
refiance through NBARD, SIDBI and NHB - *to proved special refiance for INR500bn to enable them to meet sectoral credit needs ( NABARD - INR250bn, SIDBI - INR150bn and balance to INR100bn)* - additional requirement if any by them may be met by RBI. The advances will be charged at repo rate.
LAF , the bank is sitting on higher liquidity ( on April 15th RBI absorbed INR6.9tn) , thus *reverse repo is further reduced to 25bps to 3.75%* other policy rates remains same
the WMA limit has been increased for states by 60% to plan there market borrowing program better over period of time. This will be available till September 2020.
_B) To facilitate bank credit_
_regulatory measures to reduce financial stress_
asset classification- *90 day classification will exclude the moratorium period* . The bank will.have to *maintain additional 10% provisions on these standstill accounts over next 2 quarters* these provisions can later be adjusted against the provision requirement for slippage requirement.
extention of resolution timeline- in case of large accounts under default an additional provision of 20% required if not completed in 210 days, recognition the challenges further 90dyas has been added for resolution
divided - *the SCB shall not make any dividend payout for FY20,- this will be reviewed in Q2Fy21*
for LCR - *it has been lowered to 80% from 100% from immediate effect* - this will be ramped up in phased manner 1st october 2020 90% and 100% by FY22
NBFC loans to CRE projects *extend 1 year moratorium without change in classification* - this will benefit both NBFC and real estate segment
_Other highlights_
Payment infrastructure is running efficiently/seamlessly, there is no downtime on internet banking etc.
Forex reserves stands at USD476.8bn
undertook 3 LTROs and one more will be done today of INR250bn
First cut view- These are second such strong measures taken by RBi addressing most of the industry concerns especially on NBFCs ( those were struggling with liquidity) also real estate segment.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
RBI is monitoring the situation very closely and has been and *will continue to make changes as and when required*
_Key steps taken_
_A) to provode adequate liquidity in system_
Development of funds has been to large corporates and PSU entities, but impact has been more on small corporates. *Thus undertake TLTRO 2.0, for an INR500bn ( to begin with)* the funds will be invested in NBFCs with 50% to the mid sized, small sized NBFCs and MFI - this has to be done within 1 month of availmemt - this will be under HTM for banks
refiance through NBARD, SIDBI and NHB - *to proved special refiance for INR500bn to enable them to meet sectoral credit needs ( NABARD - INR250bn, SIDBI - INR150bn and balance to INR100bn)* - additional requirement if any by them may be met by RBI. The advances will be charged at repo rate.
LAF , the bank is sitting on higher liquidity ( on April 15th RBI absorbed INR6.9tn) , thus *reverse repo is further reduced to 25bps to 3.75%* other policy rates remains same
the WMA limit has been increased for states by 60% to plan there market borrowing program better over period of time. This will be available till September 2020.
_B) To facilitate bank credit_
_regulatory measures to reduce financial stress_
asset classification- *90 day classification will exclude the moratorium period* . The bank will.have to *maintain additional 10% provisions on these standstill accounts over next 2 quarters* these provisions can later be adjusted against the provision requirement for slippage requirement.
extention of resolution timeline- in case of large accounts under default an additional provision of 20% required if not completed in 210 days, recognition the challenges further 90dyas has been added for resolution
divided - *the SCB shall not make any dividend payout for FY20,- this will be reviewed in Q2Fy21*
for LCR - *it has been lowered to 80% from 100% from immediate effect* - this will be ramped up in phased manner 1st october 2020 90% and 100% by FY22
NBFC loans to CRE projects *extend 1 year moratorium without change in classification* - this will benefit both NBFC and real estate segment
_Other highlights_
Payment infrastructure is running efficiently/seamlessly, there is no downtime on internet banking etc.
Forex reserves stands at USD476.8bn
undertook 3 LTROs and one more will be done today of INR250bn
First cut view- These are second such strong measures taken by RBi addressing most of the industry concerns especially on NBFCs ( those were struggling with liquidity) also real estate segment.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
*Key highlights from RBI press meet*
RBI is monitoring the situation very closely and has been and *will continue to make changes as and when required*
_Key steps taken_
_A) to provode adequate liquidity in system_
Development of funds has been to large corporates and PSU entities, but impact has been more on small corporates. *Thus undertake TLTRO 2.0, for an INR500bn ( to begin with)* the funds will be invested in NBFCs with 50% to the mid sized, small sized NBFCs and MFI - this has to be done within 1 month of availmemt - this will be under HTM for banks
refiance through NBARD, SIDBI and NHB - *to proved special refiance for INR500bn to enable them to meet sectoral credit needs ( NABARD - INR250bn, SIDBI - INR150bn and balance to INR100bn)* - additional requirement if any by them may be met by RBI. The advances will be charged at repo rate.
LAF , the bank is sitting on higher liquidity ( on April 15th RBI absorbed INR6.9tn) , thus *reverse repo is further reduced to 25bps to 3.75%* other policy rates remains same
the WMA limit has been increased for states by 60% to plan there market borrowing program better over period of time. This will be available till September 2020.
_B) To facilitate bank credit_
_regulatory measures to reduce financial stress_
asset classification- *90 day classification will exclude the moratorium period* . The bank will.have to *maintain additional 10% provisions on these standstill accounts over next 2 quarters* these provisions can later be adjusted against the provision requirement for slippage requirement.
extention of resolution timeline- in case of large accounts under default an additional provision of 20% required if not completed in 210 days, recognition the challenges further 90dyas has been added for resolution
divided - *the SCB shall not make any dividend payout for FY20,- this will be reviewed in Q2Fy21*
for LCR - *it has been lowered to 80% from 100% from immediate effect* - this will be ramped up in phased manner 1st october 2020 90% and 100% by FY22
NBFC loans to CRE projects *extend 1 year moratorium without change in classification* - this will benefit both NBFC and real estate segment
_Other highlights_
Payment infrastructure is running efficiently/seamlessly, there is no downtime on internet banking etc.
Forex reserves stands at USD476.8bn
undertook 3 LTROs and one more will be done today of INR250bn
First cut view- These are second such strong measures taken by RBi addressing most of the industry concerns especially on NBFCs ( those were struggling with liquidity) also real estate segment.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
RBI is monitoring the situation very closely and has been and *will continue to make changes as and when required*
_Key steps taken_
_A) to provode adequate liquidity in system_
Development of funds has been to large corporates and PSU entities, but impact has been more on small corporates. *Thus undertake TLTRO 2.0, for an INR500bn ( to begin with)* the funds will be invested in NBFCs with 50% to the mid sized, small sized NBFCs and MFI - this has to be done within 1 month of availmemt - this will be under HTM for banks
refiance through NBARD, SIDBI and NHB - *to proved special refiance for INR500bn to enable them to meet sectoral credit needs ( NABARD - INR250bn, SIDBI - INR150bn and balance to INR100bn)* - additional requirement if any by them may be met by RBI. The advances will be charged at repo rate.
LAF , the bank is sitting on higher liquidity ( on April 15th RBI absorbed INR6.9tn) , thus *reverse repo is further reduced to 25bps to 3.75%* other policy rates remains same
the WMA limit has been increased for states by 60% to plan there market borrowing program better over period of time. This will be available till September 2020.
_B) To facilitate bank credit_
_regulatory measures to reduce financial stress_
asset classification- *90 day classification will exclude the moratorium period* . The bank will.have to *maintain additional 10% provisions on these standstill accounts over next 2 quarters* these provisions can later be adjusted against the provision requirement for slippage requirement.
extention of resolution timeline- in case of large accounts under default an additional provision of 20% required if not completed in 210 days, recognition the challenges further 90dyas has been added for resolution
divided - *the SCB shall not make any dividend payout for FY20,- this will be reviewed in Q2Fy21*
for LCR - *it has been lowered to 80% from 100% from immediate effect* - this will be ramped up in phased manner 1st october 2020 90% and 100% by FY22
NBFC loans to CRE projects *extend 1 year moratorium without change in classification* - this will benefit both NBFC and real estate segment
_Other highlights_
Payment infrastructure is running efficiently/seamlessly, there is no downtime on internet banking etc.
Forex reserves stands at USD476.8bn
undertook 3 LTROs and one more will be done today of INR250bn
First cut view- These are second such strong measures taken by RBi addressing most of the industry concerns especially on NBFCs ( those were struggling with liquidity) also real estate segment.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Friday 17 April 2020
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
This is sent on behalf of MFs serviced by CAMS as their RTA. Change in Cut-off timings for MF transactions per SEBI/AMFI communication, effective between 7th April to 17th April 2020 has been extended till 30th April 2020. Purchase in Liquid & Overnight schemes 12.30pm, Other schemes 1.00 pm; Redemption & Switch all schemes 1.00 pm.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
RBI says
- Agri remains the bright spot in an in an uncertain environment
- Robust growth of tractor sales to offset farm Labour shortage
RBI says
Pre monsoon khariff sowing strong
Foreign exchange reserves robust 476 billion $ strong
RBI says
- 3.2% of gdp injected liquidity post 6th Feb 2020
- 3 operation of tltro done, easing financial condition
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
- Agri remains the bright spot in an in an uncertain environment
- Robust growth of tractor sales to offset farm Labour shortage
RBI says
Pre monsoon khariff sowing strong
Foreign exchange reserves robust 476 billion $ strong
RBI says
- 3.2% of gdp injected liquidity post 6th Feb 2020
- 3 operation of tltro done, easing financial condition
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
INSTL. INVESTORS EQUITY DERIVATIVES TRADES AS ON : 16-04-2020 :
FIIS F & O : RS. CRS. :
TOTAL NET BUY : +1806
INDEX FUT. : +360
INDEX OPT. : +833
STOCK FUT. : +643
STOCK OPT. : -30
INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 16-APR-20 :
FIIS : SELL -2920 (6779-9699)
DIIS : BUY +1321 (4655-3334)
BSE SENSEX : +222 (30,602)
NSE NIFTY : +68 (8,993)
BSE MIDCAP. : +162 (11,578)
BSE SMLCAP. : +177 (10,543)
B. CRUDE : $ 28.77
GOLD : $ 1732=INR. 45,550 (10gr)
SILVER : RS. 44,140 (kg)
FOREX : RS. : $ 76.86
6.45% 10YR '29 : 6.4396% (100.07)
7.26% GOI '29 : 6.6329% (104.0950)By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
Some companies have partially or fully resumed operations after getting the government's approval to open their facilities despite the ongoing lockdown to curb the spread of COVID-19.
Following are updates by companies on their operations:
* Sudarshan Chemical Industries Ltd has restarted operations at its Roha facility and received permissions to resume operations at the manufacturing facility in Mahad
* JK Lakshmi Cement Ltd said its grinding units in Kalol and Surat have become partially operational
* Thomas Cook (India) Ltd has reopened four branches in Trivandrum, Rajkot, Kapurthala and Madgaon for inward remittance services
* Prism Johnson Ltd has resumed mining operations at its cement plant in Satna, Madhya Pradesh
* Navin Fluorine International Ltd has resumed operations at its facilities in Bhestan, Gujarat, and Dewas, Madhya Pradesh
* Prataap Snacks Ltd has started production at its manufacturing units at Kashipur in Uttarakhand, Karjat in Maharashtra, and Hisar in Haryana
* Eveready Industries India Ltd has partially resumed operations at its manufacturing facility in Maddur
* Pidilite Industries Ltd has partially resumed operations at two facilities
* Man Industries (India) Ltd has started partial production at its plants and full-fledged operations will resume next week
* Coastal Corp Ltd has resumed partial operations at its Marikavalasa and Yelamanchili units in Andhra Pradesh
* AIA Engineering Ltd has resumed manufacturing operations at its Ahmedabad and Tiruchirappalli units
* SRF has resumed operations at some units in Dahej, Gujarat
* Universal Cables Ltd has partially resumed operations at its Goa unit
* Manali Petrochemicals Ltd has resumed production of propylene oxide at plant I
* NLC India Ltd has partially resumed operations in Neyveli
* West Coast Paper Mills Ltd has partially resumed operations in Dandeli
* Emami Paper Mills Ltd has partially resumed operations in Balasore
* Snowman Logistics Ltd has fully resumed operations
* DCM Shriram Ltd has partially resumed operations at its Bharuch and Kota units
* Honeywell Automation India Ltd has partially resumed operations
* Orient Paper and Industries Ltd has partially resumed operations in Amlai
* Galaxy Surfactants Ltd has partially resumed operations
* Solar Industries India Ltd has partially resumed operations
* Century Textiles & Industries Ltd has partially resumed operations at its Nainital, Baddi, Sonipat, and Lalkua units
* Gujarat Alkalies & Chemicals Ltd has partially resumed operations at its Dahej and Vadodara units
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Following are updates by companies on their operations:
* Sudarshan Chemical Industries Ltd has restarted operations at its Roha facility and received permissions to resume operations at the manufacturing facility in Mahad
* JK Lakshmi Cement Ltd said its grinding units in Kalol and Surat have become partially operational
* Thomas Cook (India) Ltd has reopened four branches in Trivandrum, Rajkot, Kapurthala and Madgaon for inward remittance services
* Prism Johnson Ltd has resumed mining operations at its cement plant in Satna, Madhya Pradesh
* Navin Fluorine International Ltd has resumed operations at its facilities in Bhestan, Gujarat, and Dewas, Madhya Pradesh
* Prataap Snacks Ltd has started production at its manufacturing units at Kashipur in Uttarakhand, Karjat in Maharashtra, and Hisar in Haryana
* Eveready Industries India Ltd has partially resumed operations at its manufacturing facility in Maddur
* Pidilite Industries Ltd has partially resumed operations at two facilities
* Man Industries (India) Ltd has started partial production at its plants and full-fledged operations will resume next week
* Coastal Corp Ltd has resumed partial operations at its Marikavalasa and Yelamanchili units in Andhra Pradesh
* AIA Engineering Ltd has resumed manufacturing operations at its Ahmedabad and Tiruchirappalli units
* SRF has resumed operations at some units in Dahej, Gujarat
* Universal Cables Ltd has partially resumed operations at its Goa unit
* Manali Petrochemicals Ltd has resumed production of propylene oxide at plant I
* NLC India Ltd has partially resumed operations in Neyveli
* West Coast Paper Mills Ltd has partially resumed operations in Dandeli
* Emami Paper Mills Ltd has partially resumed operations in Balasore
* Snowman Logistics Ltd has fully resumed operations
* DCM Shriram Ltd has partially resumed operations at its Bharuch and Kota units
* Honeywell Automation India Ltd has partially resumed operations
* Orient Paper and Industries Ltd has partially resumed operations in Amlai
* Galaxy Surfactants Ltd has partially resumed operations
* Solar Industries India Ltd has partially resumed operations
* Century Textiles & Industries Ltd has partially resumed operations at its Nainital, Baddi, Sonipat, and Lalkua units
* Gujarat Alkalies & Chemicals Ltd has partially resumed operations at its Dahej and Vadodara units
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Thursday 16 April 2020
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
Tata Consultancy Services ltd. | CMP Rs. 1715 | M Cap Rs. 643534 Cr | 52 W H/L 2286/1504
Result marginally below expectation
Order book ($ Bn ) came at $ 8.9 Mn vs QoQ $ 6 Mn, YoY $ 6.2 Mn
CC yoY came at 3% vs QoQ 6.8%, YoY 11.4%
Dollar revenue came at $ 5444 Mn vs expectation of $ 5580.3 Mn, QoQ $ 5586 Mn, YoY $ 5397 Mn
Net sales came at Rs. 39946 Cr (0.2% QoQ, 5.1% YoY) vs expectation of Rs. 40383.5 Cr, QoQ Rs. 39854 Cr, YoY Rs. 38010 Cr
EBIT came at Rs. 10025 Cr (0.5% QoQ, 5.1% YoY) vs expectation of Rs. 10037.7 Cr, QoQ Rs. 9974 Cr, YoY Rs. 9537 Cr
EBIT Margin came at 25.1% vs expectation of 24.9%, QoQ 25%, YoY 25.1%
Adj. PAT came at Rs. 8049 Cr vs expectation of Rs. 8226.7 Cr, QoQ Rs. 8118 Cr, YoY Rs. 8126 Cr
Quarter EPS is Rs. 21.5
Stock is trading at P/E of 19x FY21E EPS
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Result marginally below expectation
Order book ($ Bn ) came at $ 8.9 Mn vs QoQ $ 6 Mn, YoY $ 6.2 Mn
CC yoY came at 3% vs QoQ 6.8%, YoY 11.4%
Dollar revenue came at $ 5444 Mn vs expectation of $ 5580.3 Mn, QoQ $ 5586 Mn, YoY $ 5397 Mn
Net sales came at Rs. 39946 Cr (0.2% QoQ, 5.1% YoY) vs expectation of Rs. 40383.5 Cr, QoQ Rs. 39854 Cr, YoY Rs. 38010 Cr
EBIT came at Rs. 10025 Cr (0.5% QoQ, 5.1% YoY) vs expectation of Rs. 10037.7 Cr, QoQ Rs. 9974 Cr, YoY Rs. 9537 Cr
EBIT Margin came at 25.1% vs expectation of 24.9%, QoQ 25%, YoY 25.1%
Adj. PAT came at Rs. 8049 Cr vs expectation of Rs. 8226.7 Cr, QoQ Rs. 8118 Cr, YoY Rs. 8126 Cr
Quarter EPS is Rs. 21.5
Stock is trading at P/E of 19x FY21E EPS
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
@AlliesFin
16/4/2020
BSE:+222(30602)
NSE:+67(8992)
MID:+161(11578)
SML:+177(10543)
FII|FPI:-2920Cr
DII:+1321Cr
B.Crude: 28
Gold$:1732=INR:47258
Silver: 44255
Rs/$: 76.86
6.45 : 2029 G-Sec: 6.43
NSE PE: 20.25
Join T.me/AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
16/4/2020
BSE:+222(30602)
NSE:+67(8992)
MID:+161(11578)
SML:+177(10543)
FII|FPI:-2920Cr
DII:+1321Cr
B.Crude: 28
Gold$:1732=INR:47258
Silver: 44255
Rs/$: 76.86
6.45 : 2029 G-Sec: 6.43
NSE PE: 20.25
Join T.me/AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
Download AarogyaSetu App for info & alert on COVID19.Govt. digital initiative to fight #COVID19
PlayStore: bit.ly/AarogyaSetu_PS
ioS: https://apple.co/2X1KMzO
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
PlayStore: bit.ly/AarogyaSetu_PS
ioS: https://apple.co/2X1KMzO
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
#NIFTY 9000
APPROX 180 POINTS UP FROM LOWS.
AS HINTED BOUNCE BACK ON CHARTS FOR THE DAY.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
APPROX 180 POINTS UP FROM LOWS.
AS HINTED BOUNCE BACK ON CHARTS FOR THE DAY.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
SGX Nifty -71 pts (8875) from last trade 8946 ,
Nikkei -284 pts ,
Hangseng -198 pts ,
Now @7.07am .
Dow -445.41 pts ,Nsdq -122.56 pts, S&P -62.70 pts , Bovespa -1086.9 pts , Ftse -193 pts , Dax -416 pts , Cac -170 pts , Crude @ $20.28 brl (+0.41), Brent @ $27.69 brl (+0.00) , Gold @ 1742.80 (+2.60), Silver @ $15.615 (+0.10), Euro @ $1.0901, JPY @ $107.60, INR @ 76.555
Today's Corporate Action
16th Apr Ex Date
CORALFINAC
Buy Back of Shares
GSKCONS
Amalgamation
Today's Board meetings
16 Apr 2020
MOTHERSUMI
General
TCNSBRANDS
General
TCS
Audited Results;Final Dividend
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Nikkei -284 pts ,
Hangseng -198 pts ,
Now @7.07am .
Dow -445.41 pts ,Nsdq -122.56 pts, S&P -62.70 pts , Bovespa -1086.9 pts , Ftse -193 pts , Dax -416 pts , Cac -170 pts , Crude @ $20.28 brl (+0.41), Brent @ $27.69 brl (+0.00) , Gold @ 1742.80 (+2.60), Silver @ $15.615 (+0.10), Euro @ $1.0901, JPY @ $107.60, INR @ 76.555
Today's Corporate Action
16th Apr Ex Date
CORALFINAC
Buy Back of Shares
GSKCONS
Amalgamation
Today's Board meetings
16 Apr 2020
MOTHERSUMI
General
TCNSBRANDS
General
TCS
Audited Results;Final Dividend
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
#NIFTY 8820 AGAIN IN ACTION.
SPOT LOW 8821 TILL NOW AND BOUNCE BACK STARTED.
STAY TUNED @ALLIESFIN
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SPOT LOW 8821 TILL NOW AND BOUNCE BACK STARTED.
STAY TUNED @ALLIESFIN
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Wednesday 15 April 2020
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આપવી જોઈએ. તેણે આઈએસએન્ડએફએસમાં રોકાણ કર્યું અને નુકશાની કરી તેથી એ વધુ રૂઢીચુસ્ત છે.
13. કોરોના માટેની દવાનું અમેરિકામાં ટેસ્ટીંગ થઈ રહ્યું છે અને એફડીએ મંજુરી આપશે તો જુન સુધીમાં બજારમાં આવી જશે. રસીને હજુ વાર લાગશે.
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13. કોરોના માટેની દવાનું અમેરિકામાં ટેસ્ટીંગ થઈ રહ્યું છે અને એફડીએ મંજુરી આપશે તો જુન સુધીમાં બજારમાં આવી જશે. રસીને હજુ વાર લાગશે.
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
@AlliesFin
Deepak Parekh Economics Forecast (after lock down)
આવી જશે.
* રિયલ એસ્ટેટમાં ભાવ 20% ઘટાડો
* ટ્રાવેલ સેકટર બે વર્ષ સુધી બેઠુ નહીં થાય.
* રિકવરીમાં નવ મહિના નીકળી જશે
* કંપનીઓ મેનપાવર, પગાર ઘટાડે
* 2023 સુધીમાં 39 કરોડ લોકો મધ્યમ વર્ગમાં આવશે, એથી રોકાણ વધશે
મુંબઈ તા.13
એચડીએફસી બેંકના ચેરમેન દીપક પારેખ અર્થજગતના નિષ્ણાંત છે. તેમણે હાલમાં જ વેબિનાર કરી હાલની સ્થિતિ અને લોકડાઉન પછીના ભાવિનું ચિત્ર દોરવા પ્રયાસ કર્યો છે. તેમણે એક સેમિનારમાં રોકાણકારોથી માંડી ઉદ્યોગ-વેપાર જગતને કેટલીક મહત્વની ટિપ્સ આપી હતી.
1) તેમણે રોકાણકારોને હાલમાં રોકડ હાથમાં રાખવા સલાહ આપતા જણાવ્યું હતું કે કોઈપણ ભોગે હાથમાં રોકડા રાખો. અન્ય લોકડાઉન સહિત અણધાર્યા સંજોગોમાં તમને એની કદાચ જરૂર પડે.
2) તમારી સંસ્થામાં એ અને બી એમ બે ટીમ બનાવો. એ ટીમ અભ્યાસ કરી હાલનો રિસ્પોન્સ તૈયાર કરે અને ટીમ બી બે વર્ષ પછીની સ્થિતિ પર કામ કરે.
3) તેમના મતે શ્રમિકોને પાછા ફરવા પ્રોત્સાહન આપવા તેમને વધુ વેતન આપવું પડશે. કામદારોને પાછા લાવવા એક સમસ્યા બનશે.
4) ટ્રાવેલ સેકટરને બે વર્ષથી વધુ સમય સહન કરવું પડશે.
5) ચાલુ વર્ષના નવ મહિના સામાન્ય સ્થિતિ પાછી સ્થપાવામાં નીકળી જશે, અને તે પણ જો મારામારીનો બીજો દોર ફાટી ન નીકળે તો
6) તેમણે ઉદ્યોગોને ખર્ચ ઘટાડવા, પગાર ઘટાડવા અને જરૂર જણાય તો મેનપાવરમાં કાપ મુકવા જણાવ્યું હતું.
7) કંપનીમાં મૂડી વધારો વધુ પડતું દેવું કરવા કરતાં વધુ મૂડી રોકવી વધુ સારી. મૂડી વિના ખેંચવું આફત બનશે. દેવાના ચકકરમાં ફસાતા નહીં. ડિસ્કાઉન્ટ આપો. રોકાણકારોને નાણાં કમાવા દો. પ્રાઈવેટ ઈકિવટી લો. સિંગાપુર એરલાઈન્સ રાઈટસ ઈસ્યુ લાવી રહી છે.
8) એમબીએફસીમાં માઈક્રો ફાઈનાન્સને સૌથી વધુ અસર થશે.
9) બેંકો સાથે રિલેશનશીપ અને વિશ્વાસ કેળવો. સંબંધ અડધો ટકો પણ ઓછો ન કરો.
10) એમએસએમઈ માટે પેકેજની વાટ જુઓ. વધુ પ્રોત્સાહનો અને ટેકો અપેક્ષિત છે.
11) રિયલ એસ્ટેટ: જમીન રાજયનો વિષય છે. રિયલ એસ્ટેટના ભાવ 20% જેટલા નીચા આવશે. જે ડેવલપરોએ મોંગા ભાવે જમીન લીધી છે તેમને પ્રોજેકટમાં માર પડશે. ઘણી કંપનીઓ ફડચામાં જશે. ક્રેડાઈએ 2008ની જેમ એક વખત લોનના રિસ્ટ્રકચરીંગની માંગણી કરવી જોઈએ. રિયલ એસ્ટેટમાં સ્થિતિ થાળે પડતાં 8-9 મહિના લાગશે.
12) સરકાર તરફથી ચૂકવવી મોટો પ્રન્ન બનશે. અનેક દાવો થશે.
પારેખે મેક્રોઈકોનોમીક પરિબળો અને લાંબાગાળાનો દ્દષ્ટિકોણ પણ રજુ કર્યો હતો.
1. સરકારે રાજકોષીય ખાધ વધારવા નિર્ણય કર્યો છે આ સારી નિશાની છે. રાજય સરકારોને કેન્દ્ર તરફથી ઓવરડ્રાફટ સુવિધા મળી રહી છે.
2. જીડીપીની ટકાવારી તરીકે ક્નઝયુમર ક્રેડીટ 13% છે. એ સામે ચીનમાં 40% અને અમેરિકામાં 80% છે.
3. જીડીપીની ટકાવારી તરીકે મોર્ગેજ: ભારતમાં 10%, ચીનમાં 26%, થાઈલેન્ડમાં 20%, સ્કેન્ડીવિયા 90%, અમેરિકા 70% આગામી બે વર્ષમાં ભારતે 12-15% એ પહોંચવું જરૂરી છે.
4. યસ બેંક રિકવરીના માર્ગે છે. આઈએસએફએસ અને જેટ એરવેઝ માટે પણ આવો માર્ગ અપનાવવાની જરૂર હતી.
5. યુએસએ 10 વર્ષ પેપર 0.77%, ભારતમાં 6% ભારતનો બીબીસી સૌથી નીચે ઈન્વેસ્ટમેન્ટ ગ્રેડ છે. આપણું ગ્રેડીંગ નીચું કરાશે તો આપણે જંક બોંડ બની જઈશું. એનાથી અર્થતંત્ર પડી ભાંગશે. આથી નાણાં છાપવાનું પણ મુશ્કેલ બનશે.
6. વ્યાજદર હજુ નીચા જશે. બેંકોએ એનો લાભ કંપનીને આપવો જોઈએ. આરબીઆઈ માત્ર બેંકોને જ નાણાં ધીરે છે, અને બેંકોને રાષ્ટ્રીય હિત કરતાં તેમની બેલેન્સ શીટની વધુ ફિકર છે. આરબીઆઈએ કંપની બોન્ડ ખરીદવાનું શરુ કરવું જોઈએ.
7. મધ્યપુર્વ મુશ્કેલીમાં મુકાશે. ઓઈલ 60-70ની સપાટીએ નહીં જાય. એ 40-50 (બેરલદીઠ) ડોલરની રેન્જમા રહેશે.
8. વધુ ડિગ્લોબલાઈઝેશન થશે. યુરોપીય દેશોએ તમામ હસ્તાંતરણ માટે સરકારની મંજુરી ફરજીયાત બનાવી છે. કંપનીએ હાલમાં સસ્તા ભાવે મળી રહે છે અને ચીન યુરોપમાં કંપનીઓ ટેકઓવર કરે તેવો ભય છે.
9. રૂપિયો દબાણ હેઠળ રહેશે. સારા સમયમાં પણ રૂપિયો વાર્ષિક 3% ઘસાશે. હાલમાં 10% ઘસારા છતાં આપણે સારું કર્યું છે. ઘણાં દેશોનું ચલણ 25% ઘસાયું છે. આપણું રેટીંગ જંક થશે તો મુશ્કેલી ઉભી થશે. 8%ના ગ્રોથના શ્રેષ્ઠ વર્ષોમાં પણ આપણું રેટીંગ કમનસીબે વધ્યુ નથી. ભારતે સારું કરવું હશે તો નિકાસ વધારવી પડશે. સરકાર તરફથી નિકાસ ક્ષેત્રને પેકેજ મળી શકે છે.
10. 2023 સુધીમાં 39 કરોડ લોકો મધ્યમ વર્ગમાં આવશે. એનાથી રોકાણ આવશે. માત્ર 2% ભારતીયો ઈકિવટીમાં રોકી રહ્યા છે. ભારતના મ્યુચ્યુઅલ ફંડસનો જીડીપી રેશિયો 12% છે, જયારે મેકસીકોમાં 60%થી વધુ અને યુએસમાં 100% છે. ભારતે 20% સુધી જવું જોઈએ.
મધ્યમ વર્ગ વધી રહ્યો હોઈ રિયલ એસ્ટેટ અને ઈકિવટીમાં લાંબાગાળે રોકાણ વધશે.
11. ભારતમાં બચત દર અગાઉ 30% હતો. તે હવે 17% છે. એમાના 10% રિયલ એસ્ટેટ અથવા સોનામાં જાય છે. લિકિવડ સેવિંગ રેટ 7% છે. ભારતમાં લોકો વપરાશથી ટેવાઈ રહ્યા છે. તેથી વપરાશ મામલે કોઈ દબાણ નથી. વપરાશ-ઉપભોગ વધવાની આશા છે.
12. ઈપીએફઓને ઈકિવટીમાં રોકાણની મંજુરી
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Deepak Parekh Economics Forecast (after lock down)
આવી જશે.
* રિયલ એસ્ટેટમાં ભાવ 20% ઘટાડો
* ટ્રાવેલ સેકટર બે વર્ષ સુધી બેઠુ નહીં થાય.
* રિકવરીમાં નવ મહિના નીકળી જશે
* કંપનીઓ મેનપાવર, પગાર ઘટાડે
* 2023 સુધીમાં 39 કરોડ લોકો મધ્યમ વર્ગમાં આવશે, એથી રોકાણ વધશે
મુંબઈ તા.13
એચડીએફસી બેંકના ચેરમેન દીપક પારેખ અર્થજગતના નિષ્ણાંત છે. તેમણે હાલમાં જ વેબિનાર કરી હાલની સ્થિતિ અને લોકડાઉન પછીના ભાવિનું ચિત્ર દોરવા પ્રયાસ કર્યો છે. તેમણે એક સેમિનારમાં રોકાણકારોથી માંડી ઉદ્યોગ-વેપાર જગતને કેટલીક મહત્વની ટિપ્સ આપી હતી.
1) તેમણે રોકાણકારોને હાલમાં રોકડ હાથમાં રાખવા સલાહ આપતા જણાવ્યું હતું કે કોઈપણ ભોગે હાથમાં રોકડા રાખો. અન્ય લોકડાઉન સહિત અણધાર્યા સંજોગોમાં તમને એની કદાચ જરૂર પડે.
2) તમારી સંસ્થામાં એ અને બી એમ બે ટીમ બનાવો. એ ટીમ અભ્યાસ કરી હાલનો રિસ્પોન્સ તૈયાર કરે અને ટીમ બી બે વર્ષ પછીની સ્થિતિ પર કામ કરે.
3) તેમના મતે શ્રમિકોને પાછા ફરવા પ્રોત્સાહન આપવા તેમને વધુ વેતન આપવું પડશે. કામદારોને પાછા લાવવા એક સમસ્યા બનશે.
4) ટ્રાવેલ સેકટરને બે વર્ષથી વધુ સમય સહન કરવું પડશે.
5) ચાલુ વર્ષના નવ મહિના સામાન્ય સ્થિતિ પાછી સ્થપાવામાં નીકળી જશે, અને તે પણ જો મારામારીનો બીજો દોર ફાટી ન નીકળે તો
6) તેમણે ઉદ્યોગોને ખર્ચ ઘટાડવા, પગાર ઘટાડવા અને જરૂર જણાય તો મેનપાવરમાં કાપ મુકવા જણાવ્યું હતું.
7) કંપનીમાં મૂડી વધારો વધુ પડતું દેવું કરવા કરતાં વધુ મૂડી રોકવી વધુ સારી. મૂડી વિના ખેંચવું આફત બનશે. દેવાના ચકકરમાં ફસાતા નહીં. ડિસ્કાઉન્ટ આપો. રોકાણકારોને નાણાં કમાવા દો. પ્રાઈવેટ ઈકિવટી લો. સિંગાપુર એરલાઈન્સ રાઈટસ ઈસ્યુ લાવી રહી છે.
8) એમબીએફસીમાં માઈક્રો ફાઈનાન્સને સૌથી વધુ અસર થશે.
9) બેંકો સાથે રિલેશનશીપ અને વિશ્વાસ કેળવો. સંબંધ અડધો ટકો પણ ઓછો ન કરો.
10) એમએસએમઈ માટે પેકેજની વાટ જુઓ. વધુ પ્રોત્સાહનો અને ટેકો અપેક્ષિત છે.
11) રિયલ એસ્ટેટ: જમીન રાજયનો વિષય છે. રિયલ એસ્ટેટના ભાવ 20% જેટલા નીચા આવશે. જે ડેવલપરોએ મોંગા ભાવે જમીન લીધી છે તેમને પ્રોજેકટમાં માર પડશે. ઘણી કંપનીઓ ફડચામાં જશે. ક્રેડાઈએ 2008ની જેમ એક વખત લોનના રિસ્ટ્રકચરીંગની માંગણી કરવી જોઈએ. રિયલ એસ્ટેટમાં સ્થિતિ થાળે પડતાં 8-9 મહિના લાગશે.
12) સરકાર તરફથી ચૂકવવી મોટો પ્રન્ન બનશે. અનેક દાવો થશે.
પારેખે મેક્રોઈકોનોમીક પરિબળો અને લાંબાગાળાનો દ્દષ્ટિકોણ પણ રજુ કર્યો હતો.
1. સરકારે રાજકોષીય ખાધ વધારવા નિર્ણય કર્યો છે આ સારી નિશાની છે. રાજય સરકારોને કેન્દ્ર તરફથી ઓવરડ્રાફટ સુવિધા મળી રહી છે.
2. જીડીપીની ટકાવારી તરીકે ક્નઝયુમર ક્રેડીટ 13% છે. એ સામે ચીનમાં 40% અને અમેરિકામાં 80% છે.
3. જીડીપીની ટકાવારી તરીકે મોર્ગેજ: ભારતમાં 10%, ચીનમાં 26%, થાઈલેન્ડમાં 20%, સ્કેન્ડીવિયા 90%, અમેરિકા 70% આગામી બે વર્ષમાં ભારતે 12-15% એ પહોંચવું જરૂરી છે.
4. યસ બેંક રિકવરીના માર્ગે છે. આઈએસએફએસ અને જેટ એરવેઝ માટે પણ આવો માર્ગ અપનાવવાની જરૂર હતી.
5. યુએસએ 10 વર્ષ પેપર 0.77%, ભારતમાં 6% ભારતનો બીબીસી સૌથી નીચે ઈન્વેસ્ટમેન્ટ ગ્રેડ છે. આપણું ગ્રેડીંગ નીચું કરાશે તો આપણે જંક બોંડ બની જઈશું. એનાથી અર્થતંત્ર પડી ભાંગશે. આથી નાણાં છાપવાનું પણ મુશ્કેલ બનશે.
6. વ્યાજદર હજુ નીચા જશે. બેંકોએ એનો લાભ કંપનીને આપવો જોઈએ. આરબીઆઈ માત્ર બેંકોને જ નાણાં ધીરે છે, અને બેંકોને રાષ્ટ્રીય હિત કરતાં તેમની બેલેન્સ શીટની વધુ ફિકર છે. આરબીઆઈએ કંપની બોન્ડ ખરીદવાનું શરુ કરવું જોઈએ.
7. મધ્યપુર્વ મુશ્કેલીમાં મુકાશે. ઓઈલ 60-70ની સપાટીએ નહીં જાય. એ 40-50 (બેરલદીઠ) ડોલરની રેન્જમા રહેશે.
8. વધુ ડિગ્લોબલાઈઝેશન થશે. યુરોપીય દેશોએ તમામ હસ્તાંતરણ માટે સરકારની મંજુરી ફરજીયાત બનાવી છે. કંપનીએ હાલમાં સસ્તા ભાવે મળી રહે છે અને ચીન યુરોપમાં કંપનીઓ ટેકઓવર કરે તેવો ભય છે.
9. રૂપિયો દબાણ હેઠળ રહેશે. સારા સમયમાં પણ રૂપિયો વાર્ષિક 3% ઘસાશે. હાલમાં 10% ઘસારા છતાં આપણે સારું કર્યું છે. ઘણાં દેશોનું ચલણ 25% ઘસાયું છે. આપણું રેટીંગ જંક થશે તો મુશ્કેલી ઉભી થશે. 8%ના ગ્રોથના શ્રેષ્ઠ વર્ષોમાં પણ આપણું રેટીંગ કમનસીબે વધ્યુ નથી. ભારતે સારું કરવું હશે તો નિકાસ વધારવી પડશે. સરકાર તરફથી નિકાસ ક્ષેત્રને પેકેજ મળી શકે છે.
10. 2023 સુધીમાં 39 કરોડ લોકો મધ્યમ વર્ગમાં આવશે. એનાથી રોકાણ આવશે. માત્ર 2% ભારતીયો ઈકિવટીમાં રોકી રહ્યા છે. ભારતના મ્યુચ્યુઅલ ફંડસનો જીડીપી રેશિયો 12% છે, જયારે મેકસીકોમાં 60%થી વધુ અને યુએસમાં 100% છે. ભારતે 20% સુધી જવું જોઈએ.
મધ્યમ વર્ગ વધી રહ્યો હોઈ રિયલ એસ્ટેટ અને ઈકિવટીમાં લાંબાગાળે રોકાણ વધશે.
11. ભારતમાં બચત દર અગાઉ 30% હતો. તે હવે 17% છે. એમાના 10% રિયલ એસ્ટેટ અથવા સોનામાં જાય છે. લિકિવડ સેવિંગ રેટ 7% છે. ભારતમાં લોકો વપરાશથી ટેવાઈ રહ્યા છે. તેથી વપરાશ મામલે કોઈ દબાણ નથી. વપરાશ-ઉપભોગ વધવાની આશા છે.
12. ઈપીએફઓને ઈકિવટીમાં રોકાણની મંજુરી
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
NSE Closing Bell: #AlliesFin
#NIFTY SPOT Closed for the day, Dated : April 15th 2020 at : 8940.6. #NIFTY moved from : 8993.85 with change of -53.25 (-0.59%). Market trend observed as Bearish.
Days high : 9261.2 / Days low : 8874.1.
#BANKNIFTY SPOT Closed for the day, Dated : April 15th 2020 at : 19115.15. #BANKNIFTY moved from : 19488 with change of -372.85 (-1.91%). Market trend observed as Strong Bearish.
Days high : 20184.1 / Days low : 18776.75.
BSE Closing Bell : #AlliesFin
#SENSEX SPOT Closed for the day, Dated : April 15th 2020 at : 30379.81. #SENSEX moved from : 30690.02 with change of -310.21 (-1.01%). Market trend observed as Strong Bearish.
Days high : 31568.36 / Days low : 30222.07.
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#NIFTY SPOT Closed for the day, Dated : April 15th 2020 at : 8940.6. #NIFTY moved from : 8993.85 with change of -53.25 (-0.59%). Market trend observed as Bearish.
Days high : 9261.2 / Days low : 8874.1.
#BANKNIFTY SPOT Closed for the day, Dated : April 15th 2020 at : 19115.15. #BANKNIFTY moved from : 19488 with change of -372.85 (-1.91%). Market trend observed as Strong Bearish.
Days high : 20184.1 / Days low : 18776.75.
BSE Closing Bell : #AlliesFin
#SENSEX SPOT Closed for the day, Dated : April 15th 2020 at : 30379.81. #SENSEX moved from : 30690.02 with change of -310.21 (-1.01%). Market trend observed as Strong Bearish.
Days high : 31568.36 / Days low : 30222.07.
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
@AlliesFin
#Nifty 8820 supports intact.
Only weekly closing below this can trigger profit booking again.
Taking lot of care while writing nifty levels, earlier it was 5 digits and now 4 digits.
#market #observations #AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
#Nifty 8820 supports intact.
Only weekly closing below this can trigger profit booking again.
Taking lot of care while writing nifty levels, earlier it was 5 digits and now 4 digits.
#market #observations #AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Tuesday 14 April 2020
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
Weekly closing above 8820 could be the strong base for near term. Tomm seems +ve openings. Upmove can happen untill this levels holds on weekly closing. Join @AlliesFin on Telegram
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
@AlliesFin
*Highlights of PM Modi's speech 14 Apr 2020:*
1. Paid obeisance to Dr. Ambedkar
2. Wished everybody the best on account of the several festivals the country is celebrating
3. Rhetoric around how India acted early
4. Rhetoric around how India fared better than many other nations (unwanted since our fight is still on)
5. Praised CMs of all states and highlighted the constructive nature of discussion
*6. Lockdown across India continues till May 03, 2020*
7. Appeal to all - Maintain discipline: A new hotspot springing up anywhere in the country will be a collective challenge, a collective failure;
8. More stringent lockdown measures till April 20 across the country
9. Lockdown might be relaxed (limited ) after April 20 in places where hotspots are unlikely to spring up; however if the situation worsens, lockdown might be enforced back again in such places
10. Supporting farmers and the poor is our firm priority
11. We are prepared with over 1 lakh beds; over 600 Corona dedicated hospitals; work is going on for more measures
12. Appeal to all to come forward to work towards creating a vaccine
*Special appeal around seven measures:*
1. Take extra care of the elderly, especially those suffering from pre-existing ailments
2. Maintain strict discipline around lockdown, social distancing norms; wear masks
3. Boost immunity based on recommendations by the Ministry of Ayush
4. Download the Arogya Sethu mobile app
5. Take care of the poor and the hungry
6. Compassion towards workers
7. Salute to the Corona Warriors
#staysafe #stayhealthy
#stayhome #alliesFin
#boost #immunity #aarogyaasetu #aushadhi
#oneindia #onelockdown
#onenation #fitnation #healthynation #wealthynation
#takecareofelders
Let's maintain the fight; let's maintain our discipline, thank you.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
*Highlights of PM Modi's speech 14 Apr 2020:*
1. Paid obeisance to Dr. Ambedkar
2. Wished everybody the best on account of the several festivals the country is celebrating
3. Rhetoric around how India acted early
4. Rhetoric around how India fared better than many other nations (unwanted since our fight is still on)
5. Praised CMs of all states and highlighted the constructive nature of discussion
*6. Lockdown across India continues till May 03, 2020*
7. Appeal to all - Maintain discipline: A new hotspot springing up anywhere in the country will be a collective challenge, a collective failure;
8. More stringent lockdown measures till April 20 across the country
9. Lockdown might be relaxed (limited ) after April 20 in places where hotspots are unlikely to spring up; however if the situation worsens, lockdown might be enforced back again in such places
10. Supporting farmers and the poor is our firm priority
11. We are prepared with over 1 lakh beds; over 600 Corona dedicated hospitals; work is going on for more measures
12. Appeal to all to come forward to work towards creating a vaccine
*Special appeal around seven measures:*
1. Take extra care of the elderly, especially those suffering from pre-existing ailments
2. Maintain strict discipline around lockdown, social distancing norms; wear masks
3. Boost immunity based on recommendations by the Ministry of Ayush
4. Download the Arogya Sethu mobile app
5. Take care of the poor and the hungry
6. Compassion towards workers
7. Salute to the Corona Warriors
#staysafe #stayhealthy
#stayhome #alliesFin
#boost #immunity #aarogyaasetu #aushadhi
#oneindia #onelockdown
#onenation #fitnation #healthynation #wealthynation
#takecareofelders
Let's maintain the fight; let's maintain our discipline, thank you.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Monday 13 April 2020
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
@AlliesFin
PM speech @ 8 PM, Nifty hit 8000, Next PM speech @ 9 AM, Nifty hit 9000.....
This time PM speech @ 10 AM ,
Will Nifty hit 10K ?
#alliesfin #market #observations #nifty #banknifty
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
PM speech @ 8 PM, Nifty hit 8000, Next PM speech @ 9 AM, Nifty hit 9000.....
This time PM speech @ 10 AM ,
Will Nifty hit 10K ?
#alliesfin #market #observations #nifty #banknifty
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
THANK YOU FOR ALL YOUR TIME AND VOTE.
#ALLIESFIN #TECHSCOPE #CONNECTIONS
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#ALLIESFIN #TECHSCOPE #CONNECTIONS
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
*Mkt. Updates :*
*SGX Nifty -59 pts (9015) from Thursday's last trade 9074 ,*
Nikkei -98 pts ,
Hangseng clsd ,
Now @6.52am .
Dow +285.80 pts ,Nsdq +62.68 pts, S&P +39.84 pts , Bovespa -942 pts , Ftse +164 pts , Dax +231 pts , Cac +64 pts , Crude @ $23.11 brl (+0.35), Brent @ $31.96 brl (+0.48) , Gold @ 1738.90 (-13.90), Silver @ $15.77 (-0.28), Euro @ $1.0931, JPY @ $108.34, INR @ 75.875
*US GOVT. 10-YEAR YIELD : 0.75%*
*Today's Corporate Action, 13th Apr Ex Date :*
VSL
Bonus issue 13:10
*Today's Alert :*
Auction of state Govt. Loan of 135 billions Rs.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
*SGX Nifty -59 pts (9015) from Thursday's last trade 9074 ,*
Nikkei -98 pts ,
Hangseng clsd ,
Now @6.52am .
Dow +285.80 pts ,Nsdq +62.68 pts, S&P +39.84 pts , Bovespa -942 pts , Ftse +164 pts , Dax +231 pts , Cac +64 pts , Crude @ $23.11 brl (+0.35), Brent @ $31.96 brl (+0.48) , Gold @ 1738.90 (-13.90), Silver @ $15.77 (-0.28), Euro @ $1.0931, JPY @ $108.34, INR @ 75.875
*US GOVT. 10-YEAR YIELD : 0.75%*
*Today's Corporate Action, 13th Apr Ex Date :*
VSL
Bonus issue 13:10
*Today's Alert :*
Auction of state Govt. Loan of 135 billions Rs.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Sunday 12 April 2020
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
Get Market News n Updates on Mobile
Join @AlliesFin
https://t.me/AlliesFin
Share n Care to Support Society
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Join @AlliesFin
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
Tata Sons: Tata companies told to conserve cash, go slow on capex - The Economic Times https://m.economictimes.com/news/company/corporate-trends/tata-companies-told-to-conserve-cash-go-slow-on-capex/articleshow/75075115.cms
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Saturday 11 April 2020
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
They invested in IL&FS and made a loss. So it is
more conservative.
13. There is a medicine (Cure) which is under testing in the USA, which hopefully should be out in
the market by June end if FDA approves. Vaccine (preventive) will take time.
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more conservative.
13. There is a medicine (Cure) which is under testing in the USA, which hopefully should be out in
the market by June end if FDA approves. Vaccine (preventive) will take time.
#AlliesFin updates
https://t.me/AlliesFin
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α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
@AlliesFin
Brief note from Deepak Parekh’s Webinar
Current Scenario – Analysis & Business Response
1. Conserve, Cash at all Costs, you will need it for unforeseen circumstances, including another lock down.
2. Make Team A & B. Team A studies prepares current response, and Team B works on situation after two years.
3. You will have to increase wages for some workers to incentivize them to come back. Getting people back will be a problem
4. Travel sector will be hit for a very long time. 2 years plus.
5. 9 Months of this year will be gone in recovery in normalcy in terms of Operations coming back
to normal. If there is no other pandemic.
6. Cut Costs, Reduce Salaries, Prune Manpower if needed.
7. Increase equity in the company. Better to be over capitalized is better than to be over leveraged.
Being Over leveraged will be a disaster, avoid the debt trap at all costs. Give a discount, let investors make money. Get Private Equity. Singapore Airlines is doing a Rights issue as we speak.
8. Micro finance will be worst hit, amongst NBFCs.
9. Build relationship and trust with the banks. Don’t move relationships for a quarter or half a
percent.
10. Await announcement for MSME. More incentives and support expected.
11. Real Estate: Land is a state subject, Real Estate Prices will come down by 20% at least.
Developers who have bought land at high prices will to take a hit on the projects. Many companies will go bankrupt. MCHI – Credai must talk to the Govt for a one time restructuring like in 2008. It will take 8-9 months for things to normalize for Real Estate.
12. Payments from Govt is a big issue. Lot of litigation
Macroeconomic Factors & Risks, Long term Outlook:
1. Govt has agreed to increase Fiscal Deficit which is a good sign. State Govts getting Overdraft facilities from Central Government.
2. Consumer Credit is 13% as a percentage of GDP, where as China is 40% and USA 80%
3. Mortgage to GDP, India: 10%, China: 26%, Thailand 20%, Scandinavia: 90% USA: 70%. India
needs to reach the 12-15% mark in the coming couple of years.
4. Yes Bank on Path on recovery, Should have taken part in a similar manner for ILFS and Jet
Airways.
5. USA 10 year paper is 0.77%, India is 6%. India is at a BBB (Lowest Investment Grade). If we
get graded down we will become a Junk Bond .This will crash the economy. This is also why it
will be difficult to print money.
6. Interest rates will go down further, but Banks must pass it on to the company. RBI lends only to
the Banks in India and Banks are concerned more about their own Balance Sheet than national
interest. RBI must start buying Company Bonds.
7. Middle-East will be in a big trouble. Oil will not go back to 60-70. Oil will be at 40-50.
8. Expect more deglobalization. European countries have already made it mandatory for Govt
approval for all acquisition, as companies are available cheap and there is a fear that China may
look to take over companies in Europe.
9. Rupee will be under pressure. Look at a minimum 3% depreciation YoY of the rupee even in the
best times. We are doing much better at the moment with 10% depreciation (Many are at 25%). Trouble will ensue only if our rating goes to Junk. Our Rating unfortunately has not gone up even in our Best Years of 8% growth. However, Companies are getting good borrowing rates. Exports will have to grow for India to do better. Expect a package for Export soon from the Government.
10. By 2023 390 million people will come into the middle class. Hence investment will come. Only 2% of Indians are invested in Equity. Equity investors will increase. India Mutual fund to GDP
ratio is 12% where as in Mexico etc. are 60% plus and USA 100%. India needs to move to 20%.
Rising middle class will lead to more investments in Real Estate and Equity in the long term.
11. Savings rate in India is 17% (Earlier 30%). 10% out of that is in Real Estate or Golds etc. Liquid Savings rate is 7%. People in India are getting used to consumption in India. So there is no
stress there. Hopeful that consumption will increase.
12. EPFO should be allowed to invest in equity.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Brief note from Deepak Parekh’s Webinar
Current Scenario – Analysis & Business Response
1. Conserve, Cash at all Costs, you will need it for unforeseen circumstances, including another lock down.
2. Make Team A & B. Team A studies prepares current response, and Team B works on situation after two years.
3. You will have to increase wages for some workers to incentivize them to come back. Getting people back will be a problem
4. Travel sector will be hit for a very long time. 2 years plus.
5. 9 Months of this year will be gone in recovery in normalcy in terms of Operations coming back
to normal. If there is no other pandemic.
6. Cut Costs, Reduce Salaries, Prune Manpower if needed.
7. Increase equity in the company. Better to be over capitalized is better than to be over leveraged.
Being Over leveraged will be a disaster, avoid the debt trap at all costs. Give a discount, let investors make money. Get Private Equity. Singapore Airlines is doing a Rights issue as we speak.
8. Micro finance will be worst hit, amongst NBFCs.
9. Build relationship and trust with the banks. Don’t move relationships for a quarter or half a
percent.
10. Await announcement for MSME. More incentives and support expected.
11. Real Estate: Land is a state subject, Real Estate Prices will come down by 20% at least.
Developers who have bought land at high prices will to take a hit on the projects. Many companies will go bankrupt. MCHI – Credai must talk to the Govt for a one time restructuring like in 2008. It will take 8-9 months for things to normalize for Real Estate.
12. Payments from Govt is a big issue. Lot of litigation
Macroeconomic Factors & Risks, Long term Outlook:
1. Govt has agreed to increase Fiscal Deficit which is a good sign. State Govts getting Overdraft facilities from Central Government.
2. Consumer Credit is 13% as a percentage of GDP, where as China is 40% and USA 80%
3. Mortgage to GDP, India: 10%, China: 26%, Thailand 20%, Scandinavia: 90% USA: 70%. India
needs to reach the 12-15% mark in the coming couple of years.
4. Yes Bank on Path on recovery, Should have taken part in a similar manner for ILFS and Jet
Airways.
5. USA 10 year paper is 0.77%, India is 6%. India is at a BBB (Lowest Investment Grade). If we
get graded down we will become a Junk Bond .This will crash the economy. This is also why it
will be difficult to print money.
6. Interest rates will go down further, but Banks must pass it on to the company. RBI lends only to
the Banks in India and Banks are concerned more about their own Balance Sheet than national
interest. RBI must start buying Company Bonds.
7. Middle-East will be in a big trouble. Oil will not go back to 60-70. Oil will be at 40-50.
8. Expect more deglobalization. European countries have already made it mandatory for Govt
approval for all acquisition, as companies are available cheap and there is a fear that China may
look to take over companies in Europe.
9. Rupee will be under pressure. Look at a minimum 3% depreciation YoY of the rupee even in the
best times. We are doing much better at the moment with 10% depreciation (Many are at 25%). Trouble will ensue only if our rating goes to Junk. Our Rating unfortunately has not gone up even in our Best Years of 8% growth. However, Companies are getting good borrowing rates. Exports will have to grow for India to do better. Expect a package for Export soon from the Government.
10. By 2023 390 million people will come into the middle class. Hence investment will come. Only 2% of Indians are invested in Equity. Equity investors will increase. India Mutual fund to GDP
ratio is 12% where as in Mexico etc. are 60% plus and USA 100%. India needs to move to 20%.
Rising middle class will lead to more investments in Real Estate and Equity in the long term.
11. Savings rate in India is 17% (Earlier 30%). 10% out of that is in Real Estate or Golds etc. Liquid Savings rate is 7%. People in India are getting used to consumption in India. So there is no
stress there. Hopeful that consumption will increase.
12. EPFO should be allowed to invest in equity.
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
d tax rules
Expect govt to come with stimulus scheme on Monday .
We have given some recommendations .
Thank You.
AlliesFinServe
Mumbai
For Market Updates
Join Telegram Channel
https://t.me/AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Expect govt to come with stimulus scheme on Monday .
We have given some recommendations .
Thank You.
AlliesFinServe
Mumbai
For Market Updates
Join Telegram Channel
https://t.me/AlliesFin
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
@AlliesFin
Some Points Mentioned by Deepak Parekh (HDFC) in his Webinar
1.) This is Human Economic Financial (HEF) crisis .Completely different from the one we had in 2008. Will take at least 9 months to recover fully from it.
2.) Banks to be on tighter leash . Your Bank Sanction letter don’t matter now, only the amount in your account does. Banks are going to revise your sanctions and make drastic reductions,if they see a credit risk.
3.) The billion dollar startup valuations will be challenged , burning cash will be frowned upon. It will be tough time for start-ups to raise cash .
4.) It’s time to plan for the Future, Look for opportunities and learn from these drawbacks .
Eg given of HDFC where a team looks after the present planning . Another dedicated for future disruption and plans .
5.) Make time for yourself . Learn new things. Spend time with the young and old . You will be surprised to learn so much from them .
6.) Leverage is double edged sword . It can lift you or bring you down .
7.) Restarting Manufacturing is going be difficult . As the Labour force will be forced to choose between Fear of Life or Livelihood .
To manage this the Labour has to be incentivised to return , Management has guarantee them security of life , food and stay if required . They should be your first priority .
Management has to become more prudent by Cutting Costs , downsizing , No increments /bonus. Getting cash flow back should be first priority
8.) Consumer credit has to increase and Per capita income also . India is very low in it .
9.) Public And Private partnership can work. Example of YES Bank given
Even though Yes Bank was a competitor we didn’t allow it fail and its repercussions would have been more damaging .
It was not right of PSU banks to take over the problems of a Private banks . Along with a few private banks ,We decided to come together with SBI and help Yes bank .
Yes bank had foreign banks /Funds showing interest . But the Govt said it’s an Indian problem ,let Indian banks solve it .
We should have stepped up did the the same for PMC Bank and IL&FS . Things would have different then
10.) RBI should come forward and purchase Corporate debt papers . This is a common practice by the central banks across the world.
11.) NBFC should be regulated more . If required new licenses should be stopped . Banks have an exposure of 12 Lakh crore to these companies.
12.) Force Majeure - We having been hearing this term a lot these days . It was brought up in a Govt gazette couple of weeks back regarding payment to it’s vendors . Now a lot of companies including many Large companies are taking advantage of this and trying to skip on their lease’s , payment to vendors etc. This should be used only when they are absolutely not in a situation to pay , not because you can. As this can have a ripple effect on the economy .
13.) Equity Markets have been hit badly and will return
Only 2% equity investors in India , compared to 40-60 % in some countries . MF penetration also very low at 12% compared to 62% global . If MF participation is doubled , will make huge difference in markets . First time investors should be encouraged to invest in equity through MF as it’s less risky .
Large companies within 24-48 Hrs get QIP from foreign funds . They should be encouraged to raise more money from the public .
14.) McKinsey report states that between 2018-22 a billion people in the world will be of middle class category out of that 650 million will be in Asia and out of that 318 million will be from India.
India will become huge in consumption numbers .
Financial savings has decreased due to increased consumer spending .
Top 3 things on my Mind
- Financial sector should be strong or else economy will collapse - NBFC Should be regulated.
- The Poor should be supported more and steps to be taken for them too brought out of poverty . In any crisis the they are the first affected and last to recover . They are the backbone of the nation .
- Simply the rules for investment and remove complicate
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Some Points Mentioned by Deepak Parekh (HDFC) in his Webinar
1.) This is Human Economic Financial (HEF) crisis .Completely different from the one we had in 2008. Will take at least 9 months to recover fully from it.
2.) Banks to be on tighter leash . Your Bank Sanction letter don’t matter now, only the amount in your account does. Banks are going to revise your sanctions and make drastic reductions,if they see a credit risk.
3.) The billion dollar startup valuations will be challenged , burning cash will be frowned upon. It will be tough time for start-ups to raise cash .
4.) It’s time to plan for the Future, Look for opportunities and learn from these drawbacks .
Eg given of HDFC where a team looks after the present planning . Another dedicated for future disruption and plans .
5.) Make time for yourself . Learn new things. Spend time with the young and old . You will be surprised to learn so much from them .
6.) Leverage is double edged sword . It can lift you or bring you down .
7.) Restarting Manufacturing is going be difficult . As the Labour force will be forced to choose between Fear of Life or Livelihood .
To manage this the Labour has to be incentivised to return , Management has guarantee them security of life , food and stay if required . They should be your first priority .
Management has to become more prudent by Cutting Costs , downsizing , No increments /bonus. Getting cash flow back should be first priority
8.) Consumer credit has to increase and Per capita income also . India is very low in it .
9.) Public And Private partnership can work. Example of YES Bank given
Even though Yes Bank was a competitor we didn’t allow it fail and its repercussions would have been more damaging .
It was not right of PSU banks to take over the problems of a Private banks . Along with a few private banks ,We decided to come together with SBI and help Yes bank .
Yes bank had foreign banks /Funds showing interest . But the Govt said it’s an Indian problem ,let Indian banks solve it .
We should have stepped up did the the same for PMC Bank and IL&FS . Things would have different then
10.) RBI should come forward and purchase Corporate debt papers . This is a common practice by the central banks across the world.
11.) NBFC should be regulated more . If required new licenses should be stopped . Banks have an exposure of 12 Lakh crore to these companies.
12.) Force Majeure - We having been hearing this term a lot these days . It was brought up in a Govt gazette couple of weeks back regarding payment to it’s vendors . Now a lot of companies including many Large companies are taking advantage of this and trying to skip on their lease’s , payment to vendors etc. This should be used only when they are absolutely not in a situation to pay , not because you can. As this can have a ripple effect on the economy .
13.) Equity Markets have been hit badly and will return
Only 2% equity investors in India , compared to 40-60 % in some countries . MF penetration also very low at 12% compared to 62% global . If MF participation is doubled , will make huge difference in markets . First time investors should be encouraged to invest in equity through MF as it’s less risky .
Large companies within 24-48 Hrs get QIP from foreign funds . They should be encouraged to raise more money from the public .
14.) McKinsey report states that between 2018-22 a billion people in the world will be of middle class category out of that 650 million will be in Asia and out of that 318 million will be from India.
India will become huge in consumption numbers .
Financial savings has decreased due to increased consumer spending .
Top 3 things on my Mind
- Financial sector should be strong or else economy will collapse - NBFC Should be regulated.
- The Poor should be supported more and steps to be taken for them too brought out of poverty . In any crisis the they are the first affected and last to recover . They are the backbone of the nation .
- Simply the rules for investment and remove complicate
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Friday 10 April 2020
α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє's Post
'Pack up and get out of there,' Japan to spend $2.2 billion to get Japanese companies to exit China https://tfipost.com/2020/04/pack-up-and-get-out-of-there-japan-to-pay-2-2-billion-to-get-japanese-companies-to-exit-china/
Action Time...
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Action Time...
By: via α ℓ ℓ ι є ѕ ƒ ι η тє¢нѕ¢σρє
Thursday 9 April 2020
AlliesFin Serve T.ME/ALLiESFiN's Post
NIFTY 9054 +306
SENSEX 30318 +1026
NIFTY BANK 19555 +612
TILL NOW.
TOMM HOLIDAY IN MARKETS ON ACCOUNT OF GOOD FRIDAY.
JAI HO !!!
WATCH 8820 WEKLY CLOSING FOR NIFTY.
By: via AlliesFin Serve T.ME/ALLiESFiN
SENSEX 30318 +1026
NIFTY BANK 19555 +612
TILL NOW.
TOMM HOLIDAY IN MARKETS ON ACCOUNT OF GOOD FRIDAY.
JAI HO !!!
WATCH 8820 WEKLY CLOSING FOR NIFTY.
By: via AlliesFin Serve T.ME/ALLiESFiN
Wednesday 8 April 2020
@AlliesFin Serve T.ME/ALLiESFiN's Post
Govt to release all pending Income tax refunds up to Rs 5 lakhs immediately & GST Refunds
Read more at https://facelesscompliance.com/4253/govt-to-release-all-pending-income-tax-refunds-up-to-rs-5-lakhs-immediately-gst-refunds
T.me/AlliesFin
Share and Spread Knowledge.
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Read more at https://facelesscompliance.com/4253/govt-to-release-all-pending-income-tax-refunds-up-to-rs-5-lakhs-immediately-gst-refunds
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Share and Spread Knowledge.
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@AlliesFin Serve T.ME/ALLiESFiN's Post
f USP, 180 mg and 360 mg. Lupin’s alliance partner Concord Biotech Limited (Concord) had received approval from the United States Food and Drug Administration (USFDA) earlier. - Positive.
Aditya Birla Fashion to raise Rs600cr via Commercial Paper on Private Placement – We are long term positive.
PNB Housing Finance on Monday said it has signed an agreement with Japan International Cooperation Agency (JICA) and Citibank to raise USD 100 million (about Rs 762 crore) for providing loans in the affordable housing segment.- Positive.
JSW Steel 4Q crude steel production down 5% at 3.97mn ton. Company said that the making preparation to start operation on lifting lockdown. Production in the financial year ended
March 31 fell 4% on year to 16.06 million tons, achieving 97.3% of targeted output. – Positive.
IndusInd Bank says that the deposit Rs2.02lakh cr vs Rs2.17lak cr, Q4 CASA ratio 40.5% vs 42.4% (QoQ). - Stock gained 25% yesterday – Positive.
Jaguar Land Rover has announced the beginning of the production of protective face visors for COVID-19 healthcare workers as an answer to the government call for more vital equipment to fight coronavirus – Positive.
Tata Power get letter for Award from NTPC of 300mw power plant worth Rs1730cr and total order book Rs8540cr. - Positive.
Cadila gets US FDA final approval for Perphenazine tablet – Cadila has received final approval from the USFDA to market Perphenazine Tablets. This medication is indicated for the treatment of schizophrenia and for the control of severe nausea and vomiting in adults. - Positive.
India may get $1.3-bn passive flow; MSCI EM weight may rise: they estimate $1.3 billion in passive inflows into the Indian equities spread across a bunch of stocks. That apart, there could be active inflow to the tune of $5.7 billion, Morgan Stanley said. On a relative basis, large-cap stocks such as Reliance Industries, HDFC, and Infosys are likely to see the most reduction in weights given the upward rebalancing of beneficiaries. "The top three stocks that could be inclusion candidates are Kotak Mahindra Bank, Biocon and IGL. They expect the index weights for ITC and Bajaj Auto to be lowered by 0.4 per cent and 0.15 per cent, respectively, from the current levels of 2.1 per cent and 0.6 per cent. Among individual stocks, the top five beneficiaries of this regime change, according to Morgan Stanley, are L&T, Asian Paints, Bajaj Finance, Nestle India and Divi's Lab as they could see the maximum increase in their stock weights in the index.
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Aditya Birla Fashion to raise Rs600cr via Commercial Paper on Private Placement – We are long term positive.
PNB Housing Finance on Monday said it has signed an agreement with Japan International Cooperation Agency (JICA) and Citibank to raise USD 100 million (about Rs 762 crore) for providing loans in the affordable housing segment.- Positive.
JSW Steel 4Q crude steel production down 5% at 3.97mn ton. Company said that the making preparation to start operation on lifting lockdown. Production in the financial year ended
March 31 fell 4% on year to 16.06 million tons, achieving 97.3% of targeted output. – Positive.
IndusInd Bank says that the deposit Rs2.02lakh cr vs Rs2.17lak cr, Q4 CASA ratio 40.5% vs 42.4% (QoQ). - Stock gained 25% yesterday – Positive.
Jaguar Land Rover has announced the beginning of the production of protective face visors for COVID-19 healthcare workers as an answer to the government call for more vital equipment to fight coronavirus – Positive.
Tata Power get letter for Award from NTPC of 300mw power plant worth Rs1730cr and total order book Rs8540cr. - Positive.
Cadila gets US FDA final approval for Perphenazine tablet – Cadila has received final approval from the USFDA to market Perphenazine Tablets. This medication is indicated for the treatment of schizophrenia and for the control of severe nausea and vomiting in adults. - Positive.
India may get $1.3-bn passive flow; MSCI EM weight may rise: they estimate $1.3 billion in passive inflows into the Indian equities spread across a bunch of stocks. That apart, there could be active inflow to the tune of $5.7 billion, Morgan Stanley said. On a relative basis, large-cap stocks such as Reliance Industries, HDFC, and Infosys are likely to see the most reduction in weights given the upward rebalancing of beneficiaries. "The top three stocks that could be inclusion candidates are Kotak Mahindra Bank, Biocon and IGL. They expect the index weights for ITC and Bajaj Auto to be lowered by 0.4 per cent and 0.15 per cent, respectively, from the current levels of 2.1 per cent and 0.6 per cent. Among individual stocks, the top five beneficiaries of this regime change, according to Morgan Stanley, are L&T, Asian Paints, Bajaj Finance, Nestle India and Divi's Lab as they could see the maximum increase in their stock weights in the index.
Join T.me/AlliesFin
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@AlliesFin Serve T.ME/ALLiESFiN's Post
ation - Under pressure from President Trump, the Indian government Tuesday lifted a ban on the export of hydroxychloroquine, paving the way for the anti-malaria drug to be shipped to the U.S. for use against the coronavirus- Positive for Indian Pharma stocks - Lupin, IPCA, Cadila, Dr Reddy, IPCA Labs.
Gujarat Alkalies begins partial operation of manufacturing facilities at Dahej - Company has started partial operation of Poly Aluminium Chloride (PAC) & Hydrogen Peroxide Plants at Dahej Complex and Chloromethanes & Poly Aluminium Chloride (PAC) Plants at Vadodara Complex. – Positive.
Granules India's Visakhapatnam unit gets EU GMP approval – Granules high potent API and Finished Formulations manufacturing facility located at Visakhapatnam, Andhra Pradesh, India has received EU GMP approval today. - Positive.
Credit Access Grameen rolls out loan repayment moratorium options - The customer will not be reported as defaulter during the moratorium period. In accordance with the loan moratorium guidelines issued by RBI on March 27, 2020, Moratorium will be allowed on all instalments falling due between March 01, 2020 and May 31, 2020. For the borrowers who have already paid instalments after March 01, 2020, required adjustments will be made so that moratorium is applicable for the remaining instalments till May 31, 2020. The asset classification will be according to RBI guidelines. The customer will not be reported as defaulter during the moratorium period. – Positive as maintain RBI guidelines.
Yesterday, Equity markets began the truncated weak on a resounding note, staging their biggest one-day gain since May 2009. Sensex ended with gains of 9 percent to close at above 30000 mark (30041). All of the Sensex 30 constituents ended the day with gains; wherein 14 of them gained over 10 percent. Nifty climbed up 8.7 percent to end at 8,792. Among sectorial indices, all of them ended with gains led by the Nifty Bank (up 10 percent) and Nifty Pharma (up 10 percent). Nifty FMCG, Tech and Metal gained over 8 percent. Nifty Auto index too ended nearly 10% higher. Sentiment has been boosted after reported death tolls in some of the world’s coronavirus hotspots showed signs of easing. Stock markets across the globe remained in positive territory amid continued signs that the coronavirus outbreak may be peaking in a number of hard-hit places.
L&T Board to meet on April 9 to seek approval for raising funds - Company is scheduled on Thursday, April 9, 2020 inter-alia to seek approval for raising funds including through issue of debt securities.- We are long term positive on L&T.
Indiabull Housing - ICRA has downgraded the outlook on the long-term rating to negative and reaffirmed the short-term rating – Avoid.
Man Industries promoters purchase 14.67 lakh shares in FY20 - The promoters of the company (RCM Group) have purchased 14.67 lakh shares representing 2.6% of company’s total shareholding during the FY2019-20. - Positive.
Wipro to announce Q4 results on April 14 – We are neutral on the stock. We are positive on Infosys, Tech Mahindra.
Page Industries says lockdown to sale affect partially in March, expects some impact on Q4 of March sales loss. Company says that the inventory enough to carry through Q1 of FY21 – Statement is positive.
Hudco to consider raising up to Rs1500cr via debt private placement. – Positive.
Rating agency ICRA SAYS - The Indian economy is likely to witness a sharp contraction of 4.5% (de-growth) during Q4FY2020 and is expected to recover gradually, to post a GDP growth of just 2% in FY2021.
Kotak Mahindra Bank said in a filing that the bank has reported a rise in deposit base for the March quarter. The bank's deposits rose 16.4% yoy to Rs2.62 lakh cr. The bank witnessed 11.7% qoq growth in customer deposits and a 1.3% rise in advances during the March quarter, as against the quarter ended December 31, 2019. – We are positive on Kotak Bank.
L&T Construction bags order from Indian army in range of Rs2,500-5,000cr – Positive.
Lupin announced the launch of Mycophenolic Acid Delayed-Release Tablets in US o
By: via @AlliesFin Serve T.ME/ALLiESFiN
Gujarat Alkalies begins partial operation of manufacturing facilities at Dahej - Company has started partial operation of Poly Aluminium Chloride (PAC) & Hydrogen Peroxide Plants at Dahej Complex and Chloromethanes & Poly Aluminium Chloride (PAC) Plants at Vadodara Complex. – Positive.
Granules India's Visakhapatnam unit gets EU GMP approval – Granules high potent API and Finished Formulations manufacturing facility located at Visakhapatnam, Andhra Pradesh, India has received EU GMP approval today. - Positive.
Credit Access Grameen rolls out loan repayment moratorium options - The customer will not be reported as defaulter during the moratorium period. In accordance with the loan moratorium guidelines issued by RBI on March 27, 2020, Moratorium will be allowed on all instalments falling due between March 01, 2020 and May 31, 2020. For the borrowers who have already paid instalments after March 01, 2020, required adjustments will be made so that moratorium is applicable for the remaining instalments till May 31, 2020. The asset classification will be according to RBI guidelines. The customer will not be reported as defaulter during the moratorium period. – Positive as maintain RBI guidelines.
Yesterday, Equity markets began the truncated weak on a resounding note, staging their biggest one-day gain since May 2009. Sensex ended with gains of 9 percent to close at above 30000 mark (30041). All of the Sensex 30 constituents ended the day with gains; wherein 14 of them gained over 10 percent. Nifty climbed up 8.7 percent to end at 8,792. Among sectorial indices, all of them ended with gains led by the Nifty Bank (up 10 percent) and Nifty Pharma (up 10 percent). Nifty FMCG, Tech and Metal gained over 8 percent. Nifty Auto index too ended nearly 10% higher. Sentiment has been boosted after reported death tolls in some of the world’s coronavirus hotspots showed signs of easing. Stock markets across the globe remained in positive territory amid continued signs that the coronavirus outbreak may be peaking in a number of hard-hit places.
L&T Board to meet on April 9 to seek approval for raising funds - Company is scheduled on Thursday, April 9, 2020 inter-alia to seek approval for raising funds including through issue of debt securities.- We are long term positive on L&T.
Indiabull Housing - ICRA has downgraded the outlook on the long-term rating to negative and reaffirmed the short-term rating – Avoid.
Man Industries promoters purchase 14.67 lakh shares in FY20 - The promoters of the company (RCM Group) have purchased 14.67 lakh shares representing 2.6% of company’s total shareholding during the FY2019-20. - Positive.
Wipro to announce Q4 results on April 14 – We are neutral on the stock. We are positive on Infosys, Tech Mahindra.
Page Industries says lockdown to sale affect partially in March, expects some impact on Q4 of March sales loss. Company says that the inventory enough to carry through Q1 of FY21 – Statement is positive.
Hudco to consider raising up to Rs1500cr via debt private placement. – Positive.
Rating agency ICRA SAYS - The Indian economy is likely to witness a sharp contraction of 4.5% (de-growth) during Q4FY2020 and is expected to recover gradually, to post a GDP growth of just 2% in FY2021.
Kotak Mahindra Bank said in a filing that the bank has reported a rise in deposit base for the March quarter. The bank's deposits rose 16.4% yoy to Rs2.62 lakh cr. The bank witnessed 11.7% qoq growth in customer deposits and a 1.3% rise in advances during the March quarter, as against the quarter ended December 31, 2019. – We are positive on Kotak Bank.
L&T Construction bags order from Indian army in range of Rs2,500-5,000cr – Positive.
Lupin announced the launch of Mycophenolic Acid Delayed-Release Tablets in US o
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
@AlliesFin
News and Impact
Expect market to open on a negative note on account of global cues. US Dow closed lower in volatile trading (intra-day volatility 900 points or 4%) as investors debated whether the spread of the coronavirus may be slowing in several major economies. U.S. equity futures erased losses and edged higher in early trading, signaling more volatility to come after the S&P 500 Index gave up a gain of as much as 3.5% Tuesday to close lower.
Select Asian markets bounced back into positive territory after the news that China has ended its lockdown of Wuhan city after a gap of 76 days. Nikkei Index bounced back into positive territory. Taiwan and South Korea Index recovered partially from the intra-day low. US Future slipped over half percent and SGX Nifty declined 156 points 1.7%. Japan Prime Minister officially declared a state of emergency for one month.
While the S&P 500 briefly reached a 20% gain from its March low on Tuesday, the highest coronavirus death tolls yet in the U.K. and New York state reminded investors the outbreak is far from contained. Still, New York’s number of new cases slowed and Italy reported its fewest new infections since March 13. Several European nations planned to ease restrictions. As of now 14.5 lakh affected by corona virus and death increased over 74000. Still, New York’s number of new cases slowed and Italy reported its fewest new infections since March 13. Several European nations planned to ease restrictions.
Brent Crude declined 9% to $32/bbl after sinking to the weakest level since the start of the month. Investors are weighing whether the world’s biggest producers will be able to strike a deal that cuts enough output to offset an unprecedented demand loss from the coronavirus outbreak.
Expect profit booking in the market after a smart rally yesterday. Positive factor that the both FIIs (Rs742cr) and DIIs net buyers (Rs423cr). Fall in corona virus cases globally may positive in the market. Traders buy on dips in the market. Indian market declined over 30% from the recent high. We are positive on HDFC, HDFC Bank, Bharti Airtel, Reliance, IPCA, Divi’s Lab.
Brokers Radar – Phillips Securities - Sun Pharma TGT 510 and Lupin Labs TGT 620, Jefferies TGT Maruti TGT 5500. Philips Securities – Tata Steel TGT 380. JSW Steel TGT 180. Bharti Airtel – CLSA TGT 690. Morgan Stanley overweight on Reliance Industries with TGT at 1544. Maruti overweight by JP Morgan with TGT at 6400.
Market summary - SBI reduces MCLR by 35bps of across all tenors, Government says it will ship hydroxychloroquine to U.S. after Trump threatens retaliation, Page Industries says lockdown to sale affect partially in March, Lupin announced the launch of Mycophenolic Acid Delayed-Release Tablets in US, Cadila gets US FDA final approval for Perphenazine tablet. Aurobindo Pharma faces class action suit in U.S. for hiding facts.
Maruti produced 92540 vehicle during the month of March against 136201 previous year – Positive, company produced nearly 1 lakh vehicle despite lock down of 21 days.
Media news that both Orient Paper and Glaxy Surface have started partial production – Positive.
Aurobindo Pharma Faces Class Action Suit in U.S. For Hiding Facts - A class action suit has been filed against some drug manufacturers, including Aurobindo Pharma Ltd. and Emcure Pharmaceuticals, in a U.S. court for allegedly concealing facts about a cancer-causing agent, N- nitrosodimethylamine presence in metformin medicine. – Negative.
SBI reduces MCLR by 35bps of across all tenors SBI by Apr - The country's largest lender SBI on Tuesday said it has cut the marginal cost of funds based lending rate (MCLR) by 35 bps across all tenors from April 10. The one-year MCLR comes down to 7.40 per cent per annum from 7.75 per cent per with effect from April 10, 2020 – Positive after RBI cut interest rate by 75bps. Expects other Banks will follow after SBI cut MCLR.
Deepak Nitrite gets permission to produce 2HEN at Vadodara unit – Positive.
Government says it will ship hydroxychloroquine to U.S. after Trump threatens retali
By: via @AlliesFin Serve T.ME/ALLiESFiN
News and Impact
Expect market to open on a negative note on account of global cues. US Dow closed lower in volatile trading (intra-day volatility 900 points or 4%) as investors debated whether the spread of the coronavirus may be slowing in several major economies. U.S. equity futures erased losses and edged higher in early trading, signaling more volatility to come after the S&P 500 Index gave up a gain of as much as 3.5% Tuesday to close lower.
Select Asian markets bounced back into positive territory after the news that China has ended its lockdown of Wuhan city after a gap of 76 days. Nikkei Index bounced back into positive territory. Taiwan and South Korea Index recovered partially from the intra-day low. US Future slipped over half percent and SGX Nifty declined 156 points 1.7%. Japan Prime Minister officially declared a state of emergency for one month.
While the S&P 500 briefly reached a 20% gain from its March low on Tuesday, the highest coronavirus death tolls yet in the U.K. and New York state reminded investors the outbreak is far from contained. Still, New York’s number of new cases slowed and Italy reported its fewest new infections since March 13. Several European nations planned to ease restrictions. As of now 14.5 lakh affected by corona virus and death increased over 74000. Still, New York’s number of new cases slowed and Italy reported its fewest new infections since March 13. Several European nations planned to ease restrictions.
Brent Crude declined 9% to $32/bbl after sinking to the weakest level since the start of the month. Investors are weighing whether the world’s biggest producers will be able to strike a deal that cuts enough output to offset an unprecedented demand loss from the coronavirus outbreak.
Expect profit booking in the market after a smart rally yesterday. Positive factor that the both FIIs (Rs742cr) and DIIs net buyers (Rs423cr). Fall in corona virus cases globally may positive in the market. Traders buy on dips in the market. Indian market declined over 30% from the recent high. We are positive on HDFC, HDFC Bank, Bharti Airtel, Reliance, IPCA, Divi’s Lab.
Brokers Radar – Phillips Securities - Sun Pharma TGT 510 and Lupin Labs TGT 620, Jefferies TGT Maruti TGT 5500. Philips Securities – Tata Steel TGT 380. JSW Steel TGT 180. Bharti Airtel – CLSA TGT 690. Morgan Stanley overweight on Reliance Industries with TGT at 1544. Maruti overweight by JP Morgan with TGT at 6400.
Market summary - SBI reduces MCLR by 35bps of across all tenors, Government says it will ship hydroxychloroquine to U.S. after Trump threatens retaliation, Page Industries says lockdown to sale affect partially in March, Lupin announced the launch of Mycophenolic Acid Delayed-Release Tablets in US, Cadila gets US FDA final approval for Perphenazine tablet. Aurobindo Pharma faces class action suit in U.S. for hiding facts.
Maruti produced 92540 vehicle during the month of March against 136201 previous year – Positive, company produced nearly 1 lakh vehicle despite lock down of 21 days.
Media news that both Orient Paper and Glaxy Surface have started partial production – Positive.
Aurobindo Pharma Faces Class Action Suit in U.S. For Hiding Facts - A class action suit has been filed against some drug manufacturers, including Aurobindo Pharma Ltd. and Emcure Pharmaceuticals, in a U.S. court for allegedly concealing facts about a cancer-causing agent, N- nitrosodimethylamine presence in metformin medicine. – Negative.
SBI reduces MCLR by 35bps of across all tenors SBI by Apr - The country's largest lender SBI on Tuesday said it has cut the marginal cost of funds based lending rate (MCLR) by 35 bps across all tenors from April 10. The one-year MCLR comes down to 7.40 per cent per annum from 7.75 per cent per with effect from April 10, 2020 – Positive after RBI cut interest rate by 75bps. Expects other Banks will follow after SBI cut MCLR.
Deepak Nitrite gets permission to produce 2HEN at Vadodara unit – Positive.
Government says it will ship hydroxychloroquine to U.S. after Trump threatens retali
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
With VIX cooling off.
Nifty up 300 till now testing 9100 above resistance area of 8820.
Closing above this on Weekly basis could stronger the base.
By: via @AlliesFin Serve T.ME/ALLiESFiN
Nifty up 300 till now testing 9100 above resistance area of 8820.
Closing above this on Weekly basis could stronger the base.
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
For the benefit of all, sharing perspective on such scenario on few aspects as below:
@AlliesFin
What will change during the slow down:
1. Spend on luxury will come down drastically
2. Long-term / Capital expenditure such as construction, technology will be almost cut to nil
3. Lifestyle expenditure such as salary, rent, infrastructure, entertainment will be minimised
4. Working capital will be under tremendous pressure. Businesses will go out of business especially those who are riding on borrowed working capital
5. New innovative business models will evolve
What will NOT change during the slow down:
1. People consumption on essentials will continue
2. Rise in Investment on ideas / technology solutions that will improve efficiency
3. Short-term trading businesses with healthy cash flow practices will thrive
4. Rise in investment on spiritual / self-learning practices
5. Value for money products / services will shine
What you should do as an individual:
1. Hold back any luxury / high risk investments where visibility of returns is difficult to predict
2. Minimise expenditure on the routine stuff - keep a watch on your lifestyle spend - ask the question, is it really necessary!
3. Develop yourself on improving competency and developing skills to become more sharper and efficient
4. Share the financial situation with your family members and educate them on the family financial position and the plans to improve
5. Invest - yes invest on the right things. History repeats. Take risks based on thorough research. This is not the time to follow tips.
What you should do as an Entrepreneur:
1. Take care of your employees - communicate more than ever. Be reasonable and transparent with them
2. Use the slow down to improve your processes / people
3. Invest in technology / systems that will accelerate your reach in adding value to your customers
4. Be frugal in working capital decisions and operating expenditure
5. Capital expenditure to be on hold unless there is clear visibility on the associated returns
Join T.me/AlliesFin
Let us get smarter by helping ourselves and economy to bounce back stronger. Share n help us.
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin
What will change during the slow down:
1. Spend on luxury will come down drastically
2. Long-term / Capital expenditure such as construction, technology will be almost cut to nil
3. Lifestyle expenditure such as salary, rent, infrastructure, entertainment will be minimised
4. Working capital will be under tremendous pressure. Businesses will go out of business especially those who are riding on borrowed working capital
5. New innovative business models will evolve
What will NOT change during the slow down:
1. People consumption on essentials will continue
2. Rise in Investment on ideas / technology solutions that will improve efficiency
3. Short-term trading businesses with healthy cash flow practices will thrive
4. Rise in investment on spiritual / self-learning practices
5. Value for money products / services will shine
What you should do as an individual:
1. Hold back any luxury / high risk investments where visibility of returns is difficult to predict
2. Minimise expenditure on the routine stuff - keep a watch on your lifestyle spend - ask the question, is it really necessary!
3. Develop yourself on improving competency and developing skills to become more sharper and efficient
4. Share the financial situation with your family members and educate them on the family financial position and the plans to improve
5. Invest - yes invest on the right things. History repeats. Take risks based on thorough research. This is not the time to follow tips.
What you should do as an Entrepreneur:
1. Take care of your employees - communicate more than ever. Be reasonable and transparent with them
2. Use the slow down to improve your processes / people
3. Invest in technology / systems that will accelerate your reach in adding value to your customers
4. Be frugal in working capital decisions and operating expenditure
5. Capital expenditure to be on hold unless there is clear visibility on the associated returns
Join T.me/AlliesFin
Let us get smarter by helping ourselves and economy to bounce back stronger. Share n help us.
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
Economic Times
Business Standard
Ø Sebi opens doors for Mauritius based funds to get preferential Cat I FPI license
Ø DHFL not to make any payment to lenders, bondholders
Ø Covid throws a wrench into India's disinvestment plans
Ø Covid can push informal sector workers into poverty
Ø Govt may need Rs 5L cr more to support economy: Garg
Ø UAE assures additional LPG supplies to meet demand
Ø Roundup: India eases curbs on the drug Trump wants
Ø Covid-19 impact: Indian economy likely to grow 2% in FY21, says Icra
Ø L&T wins 'large' contract from Indian Army for advanced IT-enabled network
Ø Uttam Galva defaults on Rs 664-cr loan; ArcelorMittal, SBI among creditors
Ø Total SA enters into a joint venture with Adani Green, invests Rs 3,707 cr
Ø Tata Power Solar bags 300 MW plant project from NTPC worth Rs 1,730 cr
Business Line
Mint
Ø JSW Energy gets CCI nod to acquire GMR Kamalanga Energy
Ø As crude prices plummet, India’s tanks are only half full
Ø PE investments slump 39% YoY in Q1 of 2020: Report
Ø Wipro to announce Q4 results on April 15
Ø Suzlon Energy’s total debt at Rs 14,262 cr
Ø Turbine maker Senvion to sell its Indian facility
Ø WeWork sues SoftBank after $3-bn tender offer falls through
Ø SBI cuts savings deposit rate to 2.75%, lowers MCLR by 35 bps
Ø India biggest producer of 'game-changer' hydroxychloroquine drug
Ø RBI widens states' overdraft facility
Financial Express
Deccan Chronicle
Ø EU to agree coronavirus economic rescue package but not ‘coronabonds’
Ø Commerce ministry creates online platform for issuance of ‘certificate of origin’ for exporters
Ø Cairn asks govt to revisit oil taxation regime; says funding new exploration difficult
Ø Sensex zooms 2,476 pts to reclaim 30K level; Nifty rallies 708 pts
Ø India drops anti-dumping probe against chemical imported from Saudi Arabia
Ø Railways asks cement firms to unload goods for supply of essentials
By: via @AlliesFin Serve T.ME/ALLiESFiN
Business Standard
Ø Sebi opens doors for Mauritius based funds to get preferential Cat I FPI license
Ø DHFL not to make any payment to lenders, bondholders
Ø Covid throws a wrench into India's disinvestment plans
Ø Covid can push informal sector workers into poverty
Ø Govt may need Rs 5L cr more to support economy: Garg
Ø UAE assures additional LPG supplies to meet demand
Ø Roundup: India eases curbs on the drug Trump wants
Ø Covid-19 impact: Indian economy likely to grow 2% in FY21, says Icra
Ø L&T wins 'large' contract from Indian Army for advanced IT-enabled network
Ø Uttam Galva defaults on Rs 664-cr loan; ArcelorMittal, SBI among creditors
Ø Total SA enters into a joint venture with Adani Green, invests Rs 3,707 cr
Ø Tata Power Solar bags 300 MW plant project from NTPC worth Rs 1,730 cr
Business Line
Mint
Ø JSW Energy gets CCI nod to acquire GMR Kamalanga Energy
Ø As crude prices plummet, India’s tanks are only half full
Ø PE investments slump 39% YoY in Q1 of 2020: Report
Ø Wipro to announce Q4 results on April 15
Ø Suzlon Energy’s total debt at Rs 14,262 cr
Ø Turbine maker Senvion to sell its Indian facility
Ø WeWork sues SoftBank after $3-bn tender offer falls through
Ø SBI cuts savings deposit rate to 2.75%, lowers MCLR by 35 bps
Ø India biggest producer of 'game-changer' hydroxychloroquine drug
Ø RBI widens states' overdraft facility
Financial Express
Deccan Chronicle
Ø EU to agree coronavirus economic rescue package but not ‘coronabonds’
Ø Commerce ministry creates online platform for issuance of ‘certificate of origin’ for exporters
Ø Cairn asks govt to revisit oil taxation regime; says funding new exploration difficult
Ø Sensex zooms 2,476 pts to reclaim 30K level; Nifty rallies 708 pts
Ø India drops anti-dumping probe against chemical imported from Saudi Arabia
Ø Railways asks cement firms to unload goods for supply of essentials
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
*SGX Nifty -181 pts (8700) from last trade 8881 ,*
Nikkei +3 pts ,
Hangseng -62 pts ,
Now @6.52am .
Dow -26.13 pts ,Nsdq -25.98 pts, S&P -4.27 pts , Bovespa +2385 pts , Ftse +122 pts , Dax +281 pts , Cac +92 pts , Crude @ $24.84 brl (+1.21), Brent @ $32.70 brl (+0.83) , Gold @ 1680.10 (-3.60), Silver @ $15.275 (-0.27), Euro @ $1.0894, JPY @ $108.53, INR @ 75.625
*Today's Corporate Action*
8th Apr Ex Date
NIL
*Today's Board meetings*
IDBI Bank: The board will meet on April 8 for general purposes.
Gulf Oil Lubricants India: The board will meet on April 9 to consider and approve the interim dividend.
OnMobile Global: The board will meet on April 9 to consider and approve the buyback of shares.
By: via @AlliesFin Serve T.ME/ALLiESFiN
Nikkei +3 pts ,
Hangseng -62 pts ,
Now @6.52am .
Dow -26.13 pts ,Nsdq -25.98 pts, S&P -4.27 pts , Bovespa +2385 pts , Ftse +122 pts , Dax +281 pts , Cac +92 pts , Crude @ $24.84 brl (+1.21), Brent @ $32.70 brl (+0.83) , Gold @ 1680.10 (-3.60), Silver @ $15.275 (-0.27), Euro @ $1.0894, JPY @ $108.53, INR @ 75.625
*Today's Corporate Action*
8th Apr Ex Date
NIL
*Today's Board meetings*
IDBI Bank: The board will meet on April 8 for general purposes.
Gulf Oil Lubricants India: The board will meet on April 9 to consider and approve the interim dividend.
OnMobile Global: The board will meet on April 9 to consider and approve the buyback of shares.
By: via @AlliesFin Serve T.ME/ALLiESFiN
Tuesday 7 April 2020
@AlliesFin Serve T.ME/ALLiESFiN's Post
NIFTY 8819
Cant believe it could be so close to 8820 resistance area for the day.
New Range opens if sustains above this.
By: via @AlliesFin Serve T.ME/ALLiESFiN
Cant believe it could be so close to 8820 resistance area for the day.
New Range opens if sustains above this.
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
Nifty is Nearing resistance area near 8820.
Also VIX rising from lows.
Hints Profit booking at higher levels after BlockBuster Move.
#StaySafe #StayHealthy #StayWealthy
By: via @AlliesFin Serve T.ME/ALLiESFiN
Also VIX rising from lows.
Hints Profit booking at higher levels after BlockBuster Move.
#StaySafe #StayHealthy #StayWealthy
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
Nifty Cmp 8683 +600.
Market sees biggest single day gain since 2009
Nifty future near 8800 big premium after long time.
Also big vols seen in indices till now.
Bank Nifty Cmp 18810 (+1560 points) is up by 9% only.
By: via @AlliesFin Serve T.ME/ALLiESFiN
Market sees biggest single day gain since 2009
Nifty future near 8800 big premium after long time.
Also big vols seen in indices till now.
Bank Nifty Cmp 18810 (+1560 points) is up by 9% only.
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
Economic Times
Business Standard
Ø Urjit Patel has a grim warning for India's financial sector
Ø Yes bank can't declare co NPA for unpaid loan: HC
Ø India's growth may slip below 3% in FY21: KPMG
Ø 'Metals & mining sector to be hit if lockdown persists'
Ø Petrol sales shrink 15.5%, diesel 24% in March
Ø Japan PM Abe announces $1 trillion stimulus package
Ø Govt frees exports of all APIs and formulations
Ø Life insurers will not invoke 'force majeure' clause for Covid-19 claims
Ø NHAI constructs highest ever total of 3,979 km national highways in FY20
Ø Rupee payments allowed for exports to Bhutan under RBI guidelines: Expert
Ø Rajan calls Covid-19 'economic emergency', advises govt to invite experts
Ø Covid-19: Sebi curtails cut-off timings for mutual funds from 3 pm to 1 pm
Ø Rolls-Royce to ditch profit, delivery targets, suspend dividend: Report
Business Line
Mint
Ø Labour Ministry orders Bengal jute mills to extend lockdown
Ø CII-Kerala calls for action plan to strengthen industry
Ø ‘Aviation sector’s expectation of govt bailout unrealistic’
Ø Drug regulator pulls up Bione for selling unlicensed home testing kits
Ø India Ratings gives `stable’ outlook to IndiGrid’s market-linked debentures
Ø Power Ministry warns discoms to pay bills on time, promises more funding
Ø WHO warns masks 'no silver bullet' for ending coronavirus pandemic
Ø Japan's Shinzo Abe unveils 'massive' coronavirus stimulus worth 20% of GDP
Ø Volkswagen loses 'damning' dieselgate UK class lawsuit
Financial Express
Deccan Chronicle
Ø COVID-19: IMF sees early signs of recovery in China
Ø Fitch downgrades Cairn India to ‘B+’ on lower oil prices
Ø Bacardi to produce 70,000 litres of hand sanitisers
Ø Post-lockdown FMCG industry ready to scale up production
Ø Insurers cannot decline covid19 death claim settlement
Ø Mukesh Ambani's net worth down to 17th on Global Rich List
Ø India's March gold imports hit 6.5 year low
By: via @AlliesFin Serve T.ME/ALLiESFiN
Business Standard
Ø Urjit Patel has a grim warning for India's financial sector
Ø Yes bank can't declare co NPA for unpaid loan: HC
Ø India's growth may slip below 3% in FY21: KPMG
Ø 'Metals & mining sector to be hit if lockdown persists'
Ø Petrol sales shrink 15.5%, diesel 24% in March
Ø Japan PM Abe announces $1 trillion stimulus package
Ø Govt frees exports of all APIs and formulations
Ø Life insurers will not invoke 'force majeure' clause for Covid-19 claims
Ø NHAI constructs highest ever total of 3,979 km national highways in FY20
Ø Rupee payments allowed for exports to Bhutan under RBI guidelines: Expert
Ø Rajan calls Covid-19 'economic emergency', advises govt to invite experts
Ø Covid-19: Sebi curtails cut-off timings for mutual funds from 3 pm to 1 pm
Ø Rolls-Royce to ditch profit, delivery targets, suspend dividend: Report
Business Line
Mint
Ø Labour Ministry orders Bengal jute mills to extend lockdown
Ø CII-Kerala calls for action plan to strengthen industry
Ø ‘Aviation sector’s expectation of govt bailout unrealistic’
Ø Drug regulator pulls up Bione for selling unlicensed home testing kits
Ø India Ratings gives `stable’ outlook to IndiGrid’s market-linked debentures
Ø Power Ministry warns discoms to pay bills on time, promises more funding
Ø WHO warns masks 'no silver bullet' for ending coronavirus pandemic
Ø Japan's Shinzo Abe unveils 'massive' coronavirus stimulus worth 20% of GDP
Ø Volkswagen loses 'damning' dieselgate UK class lawsuit
Financial Express
Deccan Chronicle
Ø COVID-19: IMF sees early signs of recovery in China
Ø Fitch downgrades Cairn India to ‘B+’ on lower oil prices
Ø Bacardi to produce 70,000 litres of hand sanitisers
Ø Post-lockdown FMCG industry ready to scale up production
Ø Insurers cannot decline covid19 death claim settlement
Ø Mukesh Ambani's net worth down to 17th on Global Rich List
Ø India's March gold imports hit 6.5 year low
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
@AlliesFin
Common Investors Psychology
12300 - India growth story
12000 - Stay calm
11800 - All izz well
11500 - Buy buy
11000 - Buy street blood
10700 - BTFDD!!
10200 - Put emergency funds
10000 - Sell house
9700 - Sell wife's jewelry
9200 - Sell body parts
8700 - Discover God
8200 - Stoicism
7800 - FD best
Join T.me/AlliesFin
on lighter note.
By: via @AlliesFin Serve T.ME/ALLiESFiN
Common Investors Psychology
12300 - India growth story
12000 - Stay calm
11800 - All izz well
11500 - Buy buy
11000 - Buy street blood
10700 - BTFDD!!
10200 - Put emergency funds
10000 - Sell house
9700 - Sell wife's jewelry
9200 - Sell body parts
8700 - Discover God
8200 - Stoicism
7800 - FD best
Join T.me/AlliesFin
on lighter note.
By: via @AlliesFin Serve T.ME/ALLiESFiN
Monday 6 April 2020
@AlliesFin Serve T.ME/ALLiESFiN's Post
Dear All,
Please take note of revised cut off timings by SEBI.
Taking into account the impact of the revised trading hours for various markets as per the RBI Press Release dated April 03, 2020, it has been decided to reduce the cut-off timing for both subscription and redemption in various mutual fund schemes for a temporary period. The revised cut-off timing are given as under:
In case of subscription
- For Liquid and Overnight Funds – 12:30 p.m.
- For other than Liquid and Overnight Funds – 01:00 p.m.
In case of Redemption
- For Liquid and Overnight Funds – 01:00 p.m.
- For other than Liquid and Overnight Funds – 01:00 p.m.
Further, the revised cut-off timing shall be subject the following:
1. AMCs shall issue a public notice, publish the same in newspapers highlighting the above change in cut-off timing and inform all the existing investors through SMS and e-mails in their registered mobile nos. and e-mail IDs. Further, all AMCs and AMFI shall publish the above change prominently on their respective websites.
2. The above changes will be effective from April 7, 2020 (Tuesday) to April 17, 2020 (Friday) [both days inclusive]).
3. All other provisions of various SEBI Circulars related to applicability of NAV in case of both subscription and redemption shall remain unchanged.
By: via @AlliesFin Serve T.ME/ALLiESFiN
Please take note of revised cut off timings by SEBI.
Taking into account the impact of the revised trading hours for various markets as per the RBI Press Release dated April 03, 2020, it has been decided to reduce the cut-off timing for both subscription and redemption in various mutual fund schemes for a temporary period. The revised cut-off timing are given as under:
In case of subscription
- For Liquid and Overnight Funds – 12:30 p.m.
- For other than Liquid and Overnight Funds – 01:00 p.m.
In case of Redemption
- For Liquid and Overnight Funds – 01:00 p.m.
- For other than Liquid and Overnight Funds – 01:00 p.m.
Further, the revised cut-off timing shall be subject the following:
1. AMCs shall issue a public notice, publish the same in newspapers highlighting the above change in cut-off timing and inform all the existing investors through SMS and e-mails in their registered mobile nos. and e-mail IDs. Further, all AMCs and AMFI shall publish the above change prominently on their respective websites.
2. The above changes will be effective from April 7, 2020 (Tuesday) to April 17, 2020 (Friday) [both days inclusive]).
3. All other provisions of various SEBI Circulars related to applicability of NAV in case of both subscription and redemption shall remain unchanged.
By: via @AlliesFin Serve T.ME/ALLiESFiN
Thursday 2 April 2020
@AlliesFin Serve T.ME/ALLiESFiN's Post
Aarogya Setu app to fight against COVID19. Please download and share it using this link Android :
https://play.google.com/store/apps/details?id=nic.goi.aarogyasetu
iOS :
itms-apps://itunes.apple.com/app/id1505825357
By: via @AlliesFin Serve T.ME/ALLiESFiN
https://play.google.com/store/apps/details?id=nic.goi.aarogyasetu
iOS :
itms-apps://itunes.apple.com/app/id1505825357
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
Oil gains accelerate, now up 30% after Trump tells CNBC Saudis, Russia reach cut agreement - https://www.cnbc.com/2020/04/02/oil-rallies-10percent-after-trump-says-he-expects-saudi-arabia-russia-feud-to-end-soon.html
By: via @AlliesFin Serve T.ME/ALLiESFiN
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
Tata motors will stop reporting monthly numbers from April 2020. It will start reporting quarterly numbers. +Ve step by company with long term view.
By: via @AlliesFin Serve T.ME/ALLiESFiN
By: via @AlliesFin Serve T.ME/ALLiESFiN
Wednesday 1 April 2020
@AlliesFin Serve T.ME/ALLiESFiN's Post
Dear Investors,
Please note that as per the Ordinance by the Ministry of Finance.
Investments for ELSS and other 80C and 80D deductions can be made upto 30th June, 2020.
This is for your information and record.
By: via @AlliesFin Serve T.ME/ALLiESFiN
Please note that as per the Ordinance by the Ministry of Finance.
Investments for ELSS and other 80C and 80D deductions can be made upto 30th June, 2020.
This is for your information and record.
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
Work Part Time/Full Time
Work from Home is new Theme of the Hour,
Business Opportunity Meet
Online Via ZOOM Cloud Meetings App
Know The Extra Opportunities From HOME Via Social Media & Work for Dreams & Goals...
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Or Register Online
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If you think that this message is not for you then share this message among people looking for PART\Full Time Business Opportunity...
It would be a Great Help to reach the Right Person...
By: via @AlliesFin Serve T.ME/ALLiESFiN
Work from Home is new Theme of the Hour,
Business Opportunity Meet
Online Via ZOOM Cloud Meetings App
Know The Extra Opportunities From HOME Via Social Media & Work for Dreams & Goals...
Trainings Provided,
Work in Flexible Hours,
Become your own Boss,
For Students, Housewife,
Retired person, Professionals.
For further details :
+919869958999
Or Register Online
https://forms.gle/fprL58iEhKdK9swj7
If you think that this message is not for you then share this message among people looking for PART\Full Time Business Opportunity...
It would be a Great Help to reach the Right Person...
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
1/4/2020
BSE:-1203(28265)
NSE:-343(8253)
MID:-229(10339)
SML:-102(9506)
FII|FPI:-1116Cr
DII:-450Cr
B.Crude: 25
Gold$:1590=INR:43357
Silver: 39872
Rs/$: 75.55
6.45 : 2029 G-Sec: N.A.
NSE PE: 18.60
By: via @AlliesFin Serve T.ME/ALLiESFiN
BSE:-1203(28265)
NSE:-343(8253)
MID:-229(10339)
SML:-102(9506)
FII|FPI:-1116Cr
DII:-450Cr
B.Crude: 25
Gold$:1590=INR:43357
Silver: 39872
Rs/$: 75.55
6.45 : 2029 G-Sec: N.A.
NSE PE: 18.60
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
Work Part Time/Full Time
Work from Home is new Theme of the Hour,
Business Opportunity Meet
Online Via ZOOM Cloud Meetings App
Know The Extra Opportunities From HOME Via Social Media & Work for Dreams & Goals...
Trainings Provided,
Work in Flexible Hours,
Become your own Boss,
For Students, Housewife,
Retired person, Professionals.
For further details :
+919869958999
Or Register Online
https://forms.gle/fprL58iEhKdK9swj7
If you think that this message is not for you then share this message among people looking for PART\Full Time Business Opportunity...
It would be a Great Help to reach the Right Person...
By: via @AlliesFin Serve T.ME/ALLiESFiN
Work from Home is new Theme of the Hour,
Business Opportunity Meet
Online Via ZOOM Cloud Meetings App
Know The Extra Opportunities From HOME Via Social Media & Work for Dreams & Goals...
Trainings Provided,
Work in Flexible Hours,
Become your own Boss,
For Students, Housewife,
Retired person, Professionals.
For further details :
+919869958999
Or Register Online
https://forms.gle/fprL58iEhKdK9swj7
If you think that this message is not for you then share this message among people looking for PART\Full Time Business Opportunity...
It would be a Great Help to reach the Right Person...
By: via @AlliesFin Serve T.ME/ALLiESFiN
@AlliesFin Serve T.ME/ALLiESFiN's Post
RBI extends period of realization and repatriation for export proceeds.
RBI increases WMA limits by 30%.
By: via @AlliesFin Serve T.ME/ALLiESFiN
RBI increases WMA limits by 30%.
By: via @AlliesFin Serve T.ME/ALLiESFiN
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