Thursday 31 December 2020

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@AlliesFin
31/12/2020
BSE:+5(47751)
NSE:0(13981)
MID:+36(17941)
SML:+64(18098)
FII|FPI:+1134Cr
DII:-257Cr
B.Crude: 51
Gold$:1894=INR:50220
Silver: 68660
$/Rs: 73.06
5.77 : 2030 G-Sec: 5.89
NSE PE: 38.45
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@ALLIESFIN

Nifty Recap in 2020

JANUARY - 12000
MARCH -11000
MARCH - 10000
MARCH - 9000
MARCH - 8000
MARCH - 7511 (Bottom)
MARCH - 8000
MARCH - 9000
JUNE -10000
JULY -11000
OCTOBER -12000
NOVEMBER - 13000
DECEMBER -14000

DAILY DOSE OF MARKET UPDATES
https://t.me/AlliesFin
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N IF T Y 1 4 0 0 0
#NIFTY #ALLIESFIN #stockmarkets
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WILL #NIFTY CROSS 14000 TODAY ?
WILL #SENSEX CROSS 48000 TODAY ?
WILL #BANKNIFTY CROSS ALL TIME SOON ?
#ALLIESFIN STAY TUNED FOR #STOCKMARKET UDPATES.
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Dollar falls to more than two-year lows as stimulus hopes stay high

The euro, Aussie and New Zealand dollars all posted more than two-year highs against the struggling greenback on Wednesday as investors bet on more U.S. fiscal support and positioned for year-end in light trading volume.

Investors are betting that an improving economic outlook as COVID-19 vaccines are rolled out and unprecedented fiscal and monetary stimulus will boost global growth and asset prices in 2021.

U.S. economic growth is expected to drag behind peers, however, with the U.S. currency also suffering from rising fiscal and current account deficits as the government increases spending to tackle coronavirus-related business shutdowns.

“The start of Covid-19 immunization campaigns in several countries as well as additional U.S. fiscal support have reduced downside risk to the global economy and bode well for general financial market sentiment. This remains a drag for USD,” Elias Haddad, senior currency Strategist at Commonwealth Bank of Australia, said in a report on Wednesday.

The dollar fell 0.4% against a basket of currencies to 89.68 after earlier dropping to 89.56, the lowest since April 2018. It is down more than 7% this year.

Trading volumes are thin with many investors out between the Christmas and New Year holidays. The euro reached $1.2310, before falling back to $1.2279, up 0.30% on the day.

The Aussie surged to $0.7680, and was last up 0.9% at $0.7677. The kiwi reached $0.7199.

It was the highest level for all three currencies against the U.S. dollar since April 2018.

The dollar also slipped 0.5% to 103.05 yen. It is holding just above a nine-month low of 102.86 yen reached on Dec. 17.

Optimism of further stimulus came even after Senate Majority Leader Mitch McConnell on Tuesday put off a vote on increasing COVID-19 relief checks from $600 to $2,000.

U.S. President-elect Joe Biden is expected to push for more measures to support the U.S. economy after he is inaugurated next month.

Sterling also jumped before lawmakers on Wednesday voted on the Brexit deal Prime Minister Boris Johnson clinched last week.

The agreement avoids a chaotic no-deal exit, but does not cover services, which make up 80% of the British economy.

The pound gained 0.7% to $1.3601. It is holding below the $1.3625 level reached earlier this month, the highest since May 2018. 
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*Economic Times*
Ø  Current Account is in surplus for second consecutive quarter at 2.4% of GDP
Ø  EU, China leaders seal long-awaited investment deal
Ø  India may impose countervailing duty on Clear Float Glass imported from Malaysia
Ø  India's exports may reach $290 bn by fiscal-end: FIEO
Ø  India's current account surplus shrinks in latest quarter
Ø  BSSUK, NKJ Biofuel tie up to set up ethanol plant in Chhattisgarh
Ø  ICEA seeks 20% reduction in import duty on mobile phones

*Business Standard*
Ø  Govt extends soft-loans for ethanol to non-sugarcane-based distilleries
Ø  Just 2.1% of TLTRO funds went to NBFCs that needed them most: RBI report
Ø  Union Bank gets shareholder approval to raise up to Rs 6,800 crore
Ø  CBI books IVRCL in Rs 4,837 cr-bank fraud after extensive searches
Ø  Adani Green commissions 100-Mw solar project ahead of schedule
Ø  Reliance-BP invites bids for gas from KG-D6, priced against int'l benchmark

*Business Line*
Ø  Cabinet approves ₹3,005-cr project for Paradip port
Ø  Centre plans ₹4,573-crore scheme for enhancing ethanol
Ø  Adani Ports gets green nod for ₹12,256-cr, Phase 3 expansion of
Ø  Finmin approves 8.5% interest for EPFO subscribers
Ø  Strides Pharma may get transferred to a clutch of investors as promoters plan to exit
Ø  Kalpataru Power Transmission bags orders worth ₹900 crore

*Mint*
Ø  Cabinet Committee approves Industrial Corridor nodes worth ₹7,725 crore
Ø  Oil prices up on weaker dollar and lower inventories
Ø  Unacademy buys test prep platform NeoStencil in fifth acquisition in 2020
Ø  Tiffany shareholders back LVMH takeover, ending long-drawn dispute
Ø  Due date extended for filing income tax returns
Ø  Wockhardt shares surge today as UK approves Oxford covid vaccine

*Financial Express*
Ø  Blackstone-backed IBS Software expects faster biz growth on rising digitalisation amid pandemic
Ø  RCom group owes around Rs 26,000 cr to Indian banks, financial institutions: Company
Ø  HPCL, FCI, Indian Oil, NSIC top buyers of SC/ST owned MSEs in FY21 so far amid 12% jump in govt buying

*D N A*
Ø  State Bank of India to implement new cheque payment system from January
Ø  Covaxin can offer protection against mutated coronavirus: Bharat Biotech
Ø  Tesla's wait to run on Indian roads in 2021 gets longer
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*SGX Nifty +12 pts (13990) from last trade 13978 ,*


Nikkei clsd ,
Hangseng +48 pts ,
Now @6.52am .


Dow +73.89 pts ,Nsdq +19.78 pts, S&P

+5 pts , Bovespa -391 pts  , Ftse -46 pts , Dax -42 pts , Cac -12 pts , Crude @ $48.33 brl (-0.07), Brent @ $51.39 brl (+0.30) , Gold @ 1899.20 (+5.79), Silver @ $26.815 (+0.24), Euro @ $1.2297, JPY @ $103.13, INR @ 73.195




*Today's Corporate Action*

*31st Dec Ex Date*




ENGINEERS INDIA LTD.

Buy Back of Shares

INDUSTRIAL & PRUDENTIAL INVESTMENTS CO.LTD.

Buy Back of Shares

Pilani Investment and Industries Corporation Ltd

Bonus issue 2:5






*Today's Key Results/Board Meetings

*31-Dec-20*




BANASFN

General

CMMHOSP

General

DECIPHER

General

JAGSONAI

Quarterly Results

RITCO

General

SAMINDUS

General

TILAK

General






*Stock under F&O ban on NSE*

*31-Dec-20*


1CANBK

2PNB
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*Economic Times*
Ø  Current Account is in surplus for second consecutive quarter at 2.4% of GDP
Ø  EU, China leaders seal long-awaited investment deal
Ø  India may impose countervailing duty on Clear Float Glass imported from Malaysia
Ø  India's exports may reach $290 bn by fiscal-end: FIEO
Ø  India's current account surplus shrinks in latest quarter
Ø  BSSUK, NKJ Biofuel tie up to set up ethanol plant in Chhattisgarh
Ø  ICEA seeks 20% reduction in import duty on mobile phones

*Business Standard*
Ø  Govt extends soft-loans for ethanol to non-sugarcane-based distilleries
Ø  Just 2.1% of TLTRO funds went to NBFCs that needed them most: RBI report
Ø  Union Bank gets shareholder approval to raise up to Rs 6,800 crore
Ø  CBI books IVRCL in Rs 4,837 cr-bank fraud after extensive searches
Ø  Adani Green commissions 100-Mw solar project ahead of schedule
Ø  Reliance-BP invites bids for gas from KG-D6, priced against int'l benchmark

*Business Line*
Ø  Cabinet approves ₹3,005-cr project for Paradip port
Ø  Centre plans ₹4,573-crore scheme for enhancing ethanol
Ø  Adani Ports gets green nod for ₹12,256-cr, Phase 3 expansion of
Ø  Finmin approves 8.5% interest for EPFO subscribers
Ø  Strides Pharma may get transferred to a clutch of investors as promoters plan to exit
Ø  Kalpataru Power Transmission bags orders worth ₹900 crore

*Mint*
Ø  Cabinet Committee approves Industrial Corridor nodes worth ₹7,725 crore
Ø  Oil prices up on weaker dollar and lower inventories
Ø  Unacademy buys test prep platform NeoStencil in fifth acquisition in 2020
Ø  Tiffany shareholders back LVMH takeover, ending long-drawn dispute
Ø  Due date extended for filing income tax returns
Ø  Wockhardt shares surge today as UK approves Oxford covid vaccine

*Financial Express*
Ø  Blackstone-backed IBS Software expects faster biz growth on rising digitalisation amid pandemic
Ø  RCom group owes around Rs 26,000 cr to Indian banks, financial institutions: Company
Ø  HPCL, FCI, Indian Oil, NSIC top buyers of SC/ST owned MSEs in FY21 so far amid 12% jump in govt buying

*D N A*
Ø  State Bank of India to implement new cheque payment system from January
Ø  Covaxin can offer protection against mutated coronavirus: Bharat Biotech
Ø  Tesla's wait to run on Indian roads in 2021 gets longer
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*SGX Nifty +12 pts (13990) from last trade 13978 ,*


Nikkei clsd ,
Hangseng +48 pts ,
Now @6.52am .


Dow +73.89 pts ,Nsdq +19.78 pts, S&P

+5 pts , Bovespa -391 pts  , Ftse -46 pts , Dax -42 pts , Cac -12 pts , Crude @ $48.33 brl (-0.07), Brent @ $51.39 brl (+0.30) , Gold @ 1899.20 (+5.79), Silver @ $26.815 (+0.24), Euro @ $1.2297, JPY @ $103.13, INR @ 73.195




*Today's Corporate Action*

*31st Dec Ex Date*




ENGINEERS INDIA LTD.

Buy Back of Shares

INDUSTRIAL & PRUDENTIAL INVESTMENTS CO.LTD.

Buy Back of Shares

Pilani Investment and Industries Corporation Ltd

Bonus issue 2:5






*Today's Key Results/Board Meetings

*31-Dec-20*




BANASFN

General

CMMHOSP

General

DECIPHER

General

JAGSONAI

Quarterly Results

RITCO

General

SAMINDUS

General

TILAK

General






*Stock under F&O ban on NSE*

*31-Dec-20*


1CANBK

2PNB
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Wednesday 30 December 2020

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@alliesfin
*Income Tax and Tax Audit Date Extended*

*Tax Audit*
15.01.2021
*ITR whose Accounts are required to be Audited*
15.02.2021
*Other ITRs*
10.01.2021
*Declaration for Vivad se Vishwas*
31.01.2021


*GST Annual Return for 2019-20*
28.02.2021

Jai Hind
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Income Tax India (@IncomeTaxIndia) Tweeted:
In view of the continued challenges faced by taxpayers in meeting statutory compliances due to outbreak of COVID-19, the Govt further extends the dates for various compliances. Press release on extension of time limits issued today: https://t.co/lMew09HXMq https://twitter.com/IncomeTaxIndia/status/1344260412355665920?s=20
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@AlliesFin
30/12/2020
BSE:+133(47746)
NSE:+49(13981)
MID:+94(17904)
SML:+65(18033)
FII|FPI:+1824Cr
DII:-587Cr
B.Crude: 51
Gold$:1879=INR:49951
Silver: 68425
$/Rs: 73.30
5.77 : 2030 G-Sec: 5.90
NSE PE: 38.45
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On telegram for daily dose of market updates.
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*Business Standard :*


Ø  EU chiefs to sign Brexit trade deal Wednesday

Ø  India may impose anti-dumping duty on Chinese PET Resin

Ø  Future group firms receive large orders from Reliance

Ø  Godrej Consumer forays into home cleaning products

Ø  Rolling back of Covid related policy relaxation could impact banks: RBI

Ø  Container shortage and high freight likely to affect India’s agricultural exports

Ø  Bank asset quality may see sharp deterioration post-moratorium: RBI

Ø  AMP Capital forms $1 bn power transmission platform with Sterlite

Ø  PE/VC investments into India from China, Hong Kong fall 72% in CY20

Ø  Promoters of Vedanta raises $1.4 billion to retire debt, says report

Ø  PSBs need to raise additional Rs 43,000 crore in FY22, says Icra

Business Line
 


*Mint :*


Ø  Steel cos blame high cost of iron ore for price hike

Ø  Great Eastern pips SCI to become India’s top ship owner by fleet size

Ø  DGFT defers certification requirement for rice exports to EU

Ø  AirIndia sale: Interups withdraws from race

Ø  Jindal Stainless (Hisar) to get merged into Jindal Stainless

Ø  Biocon launches Tacrolimus capsules in US
 
Ø  RBI flags post-covid challenges for banks

Ø  TTK Prestige scrip captures near-term demand potential

Ø  Borrowing 43% more in first 9 months, states fall deeper into debt trap

Ø  SEC green-lights direct listing on NYSE

Ø  Mexico expects 100,000 Pfizer vaccines by early January

Ø  Britain, Turkey reach post-Brexit free trade agreement

Financial Express
 

*D N A :*


Ø  India starts probe into alleged exports subsidisation of aluminium item by Malaysia

Ø  Maintaining 4 per cent inflation appropriate for India: RBI paper

Ø  IBC dominant mode of recovery in 2019-20
 
Ø  Tesla's wait to run on Indian roads in 2021 gets longer

Ø  Tata Sons to buy 32.67% stake of AirAsia Group in AirAsia India
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U.S. Stocks Drop After Hope Fades for Expanded Aid: Markets Wrap

U.S. stocks pulled back from record highs, with small-cap shares posting their biggest drop in a month, as prospects faded for bigger government aid checks to individuals. The dollar weakened.

The Russell 2000 Index tumbled almost 2%, while the S&P 500 finished only slightly lower. A gauge of global equities was set to close at a record after the U.S. House backed President Donald Trump’s proposal to boost aid checks for individuals, but pulled back from its high of the day as Senate Republicans blocked an attempt by Democrats to increase the direct payments to $2,000 from $600.

The year is coming to a close with risk assets such as stocks, corporate bonds and Bitcoin just off record highs. As investors try to gauge the impact of the pandemic and the pace of U.S. vaccine distribution, the S&P 500 is set to end the year 15% higher.

On the coronavirus front, more restrictions are being imposed to fight the spread of the new, more infectious strain. Covid-19 hospitalizations in the U.S. reached new highs, while Southern California plans to extend a regional stay-at-home order. South Korea’s daily toll of fatalities rose to a record, while Thailand reported its first virus death since November.

In Europe, the Stoxx 600 rose as the FTSE 100 Index rallied in the first session since the U.K.’s Christmas Eve trade deal with the European Union. Uncertainty about what accord will be struck on financial services weighed on Lloyds Banking Group Plc, NatWest Group Plc and Barclays Plc.

Elsewhere, the pound recouped some of Monday’s decline.

Here are some key events coming up:

U.S. pending home sales and goods trade balance data are due Wednesday.
U.S. initial jobless claims figures are published Thursday.
Most global stock markets are closed Friday for New Year’s Day.

*These are the main moves in markets :*

*Stocks :*

The S&P 500 Index fell 0.2% as of 4 p.m. New York time.

The Stoxx Europe 600 Index gained 0.8%.

The MSCI Asia Pacific Index jumped 1.4%.

The MSCI Emerging Market Index increased 1.1%.

*Currencies :*

The Bloomberg Dollar Spot Index sank 0.4%.

The euro increased 0.3% to $1.2249.

The British pound gained 0.4% to $1.3499.

The Japanese yen strengthened 0.3% to 103.53 per dollar.

*Bonds :*

The yield on 10-year Treasuries down one basis point to 0.93%.

Germany’s 10-year yield dipped less than one basis point to -0.58%.

Britain’s 10-year yield fell four basis points to 0.21%.

*Commodities :*

West Texas Intermediate crude gained 0.8% to $47.99 a barrel.

Gold strengthened 0.3% to $1,879.61 an ounce
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*SGX Nifty +50 pts (13982) from last trade 13932 ,*


Nikkei -127 pts ,
Hangseng +127 pts ,
Now @7.00am .


Dow -68.30 pts ,Nsdq -49.20 pts, S&P

-8.32 pts , Bovespa +285 pts  , Ftse +100 pts , Dax -28 pts , Cac +23 pts , Crude @ $48.11 brl (+0.11), Brent @ $51.15 brl (+0.29) , Gold @ 1881.20 (-1.70), Silver @ $26.285 (+0.06), Euro @ $1.2253, JPY @ $103.53, INR @ 73.395




*Today's Corporate Action*

*30th Dec Ex Date*


None






*Today's Key Results/Board Meetings

*30-Dec-20*




ASMTEC

Bonus issue;Increase in Authorised Capital

BIBCL

A.G.M.;General;Quarterly Results

CMI

General;Preferential Issue of shares

DEL

General

GANESHHOUC

General

HSIL*

Buy Back of Shares

IFBIND

Amalgamation

KAARYAFSL

General

KILPEST

General

NARBADA

Increase in Authorised Capital

NCC

Issue Of Warrants

PFC

General

PRISMX

General

RITES

Interim Dividend




*Stock under F&O ban on NSE*

*30-Dec-20*



1PNB

2SAIL
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Tuesday 29 December 2020

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@AlliesFin
29/12/2020
BSE:+259(47613)
NSE:+59(13932)
MID:-12(17810)
SML:+29(17967)
FII|FPI:+2349Cr
DII:-2010Cr
B.Crude: 51
Gold$:1878=INR:50030
Silver: 68351
$/Rs: 73.42
5.77 : 2030 G-Sec: 5.92
NSE PE: 38.31
Join @AlliesFin
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@AlliesFin

Quarterly result Dates

INFY 13 Jan 2021
WIPRO 13 Jan 2021
HCLTECH 15 Jan 2021
HDFCBANK 16 Jan 2021
MAHSCOOTER 18 Jan 2021
BAJAJFINSV 20 Jan 2021
BAJFINANCE 20 Jan 2021
EVERESTIND 20 Jan 2021
BAJAJ-AUTO 21 Jan 2021
BAJAJHLDNG 21 Jan 2021
MPHASIS 21 Jan 2021
JSWSTEEL 22 Jan 2021
AXISBANK 27 Jan 2021
LAXMIMACH 27 Jan 2021
COLPAL 28 Jan 2021
M&MFIN 28 Jan 2021
DRREDDY 29 Jan 2021
ICICIBANK 30 Jan 2021

Stay tuned for daily dose of market updates with @AlliesFin
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WILL #NIFTY CROSS 14000 TODAY ?
WILL #SENSEX CROSS 48000 TODAY ?
WILL #BANKNIFTY CROSS ALL TIME SOON ?
#ALLIESFIN STAY TUNED FOR #STOCKMARKET UDPATES.
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Economic Times

Ø Rs 3,500 crore sugar subsidy to help sustain exports at last year's level: Crisil

Ø Bangladesh reduces import duty on rice to 25%

Ø India office leasing continues recovery; Q4 absorption up 52% sequentially

Ø Axis Bank prunes overseas presence as it consolidates local business

Ø Dixon Technologies arm inks deal with Motorola Mobility LLC for manufacturing of smartphones

Ø India to benefit from shifting of global supply chains from China: Survey

Ø Container shortage affecting shipment schedules: TEXPROCIL

Ø Sebi's one-time settlement scheme for entities to end on Thursday

Ø DLF's rental subsidiary plans to put 'One Horizon Center' in REIT

Ø Tata Power subsidiary inaugurates 5 kilowatt biogas plant in Bihar

Mint

Ø Appellate body upholds I-T relief to 3 Tata Trusts

Ø CCI requests farmers to bring cotton crop in phased manner

Ø Rubber board to conduct Dry Rubber Content test training

Ø APSEZ-Terminal Investment JV raises $300 million in bonds to refinance debt

Ø Hero Electric partners with eBikeGo for last-mile connectivity

Ø Chinese regulators order Ant Group to rectify its businesses

Ø RBI paper, co-authored by MPC member, argues for inflation target at 4%

Ø Bitcoin on longest winning run since 2019 after topping $28,000

Ø PE firm Apax to acquire 3i Infotech’s software products business for Rs1,000 cr

Ø Debt recasts by banks to be lower than estimated at 2.5-4.5% of loans: Icra

Financial Express

Ø India’s mining sector to witness reforms, flurry of activities in 2021

Ø No takers for 18-GW solar power projects

Ø Gross NPAs of banks may rise to 10.1-10.6% by March 2021: Icra

Ø Skyroot Aerospace becomes first Indian company to test-fire solid-fueled rocket engine

Ø Tesla to start operations in India next year: Nitin Gadkari
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*Mkt. Updates :*

*SGX Nifty +53 pts (13950) from last trade 13897 ,*

Nikkei +349 pts ,
Hangseng +176 pts ,
Now @6.52am .

Dow +204.10 pts ,Nsdq +94.69 pts, S&P

+32.30 pts , Bovespa +1316 pts  , Ftse Clsd , Dax +203 pts , Cac Clsd , Crude @ $47.79 brl (+0.17), Brent @ $50.95 brl (-0.34) , Gold @ 1880.20 (-0.20), Silver @ $26.555 (+0.01), Euro @ $1.2219, JPY @ $103.69, INR @ 73.545


*US GOVT. 10-YEAR YIELD : 0.94%*


*Today's Corporate Action, 29th Dec Ex Date :*

None


*Today's Key Results/Board Meetings, 29-Dec-20 :*

BOMBPOT

A.G.M.;General

CONTPTR

General

FRUTION

General

GDL

Interim Dividend

GLITTEKG

A.G.M.;General

JSL

General;Scheme of Arrangement

JSLHISAR

General;Scheme of Arrangement

LAHL

General

REFEX

Interim Dividend;General

SARLAPOLY

General

SBTL

A.G.M.;Audited Results;General

VIKASPROP

Quarterly Results


*SEC. IN F&O BAN FOR 29 Dec 2020 :*

*1. CANBK 2. PNB 3. SAIL*

*Today's Alert :*

Auction of STATE LOAN for INR 189 Billion
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Monday 28 December 2020

@AlliesFin Serve Stock Market's Post

@AlliesFin
28/12/2020
BSE:+380(47353)
NSE:+123(13873)
MID:+146(17823)
SML:+263(17938)
FII|FPI:+1588Cr
DII:-1386Cr
B.Crude: 51
Gold$:1875=INR:50040
Silver: 68680
$/Rs: 73.50
5.77 : 2030 G-Sec: 5.92
NSE PE: 38.15
Join @AlliesFin
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Economic Times



Business Standard

Ø Credit demand fails to pick up despite aggressive rate cuts

Ø Traders urge Finance Minister, GST council to modify new GST notification

Ø Oaktree fires fresh salvo against Piramal bid ahead of DHFL vote

Ø No going back on privatisation of BPCL, Air India

Ø India-Taiwan trade prospects look promising in 2021: TAITRA

Ø PE investment in real estate to drop 31% at $4.6 billion in 2020; $6 billion seen next year

Ø India's crude steel output grows 3.5 percent to over 9 million tonne in November



Ø MSMEs, small dealers not to be affected by 1% cash GST payment rule

Ø 'Dividend payout norms for NBFCs should come into effect from FY22': FIDC

Ø WHO chief Ghebreyesus calls for more investments in public health

Ø Bangladesh to cut duty on rice imports to cool record local prices

Ø Iran, Syria to launch joint bank to facilitate bilateral trade ties

Ø FM Logistic plans to double warehousing capacity in next 3-4 years

Business Line



Mint

Ø Taking cues from China, Indian steel prices set to rise further

Ø As Allcargo company, Gati aims to be a complete logistics solutions

Ø Dedicated Freight Corridor capex set to scale up to ₹14,000 crore

Ø Stepping up innovation, Sonalika Tractors to continue with product offensive strategy

Ø Auditors no longer just watchdogs: NFRA chief



Ø Gratuity can be withheld for recovery of dues: Supreme Court

Ø China's Ant turning from windfall to nightmare for its global investors

Ø BMW aims for 20% of its vehicles to be electric by 2023: Report

Ø Vaccine-maker on virus mutation: AstraZeneca India MD on rollout plan

Ø Vodafone Idea banks on IoT, SMEs to aid business

Financial Express



Deccan Chronicle

Ø India to become 5th largest economy in 2025, 3rd largest by 2030

Ø Brexit trade pact raises chances of India-UK FTA

Ø Farmer groups cut power supply of 1,300 Jio towers



Ø Farmers to talk with centre on December 29
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Thursday 24 December 2020

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@AlliesFin
24/12/2020
BSE:+529(46973)
NSE:+148(13749)
MID:+10(17676)
SML:+103(17675)
FII|FPI:+1225Cr
DII:-1897Cr
B.Crude: 50
Gold$:1875=INR:50090
Silver: 67691
$/Rs: 73.54
5.77 : 2030 G-Sec: 5.93
NSE PE: 37.81
Join @AlliesFin
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Wednesday 23 December 2020

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@alliesfin
23/12/2020
BSE:+437(46444)
NSE:+134(13601)
MID:+414(17666)
SML:+454(17572)
FII|FPI:+536Cr
DII:-1326Cr
B.Crude: 50
Gold$:1864=INR:49834
Silver: 68609
$/Rs: 73.76
5.77 : 2030 G-Sec: 5.95
NSE PE: 37.40
Join @alliesfin
On telegram
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#MAJESCO XD TODAY,
POST #DIVIDEND PRICE 12.20 LIVE AT NSE NOW.
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Economic Times
 
Business Standard

Ø  SBI Life and Apollo join the race for RCap assets

Ø  No benefits if tax haven route not justified: Madras HC

Ø  Government plans to set up a development finance institution in 3-4 months: DFS Secy

Ø  Larger crop, lack of rupees curb Iran's record Indian sugar appetite

Ø  Bharat Biotech, Ocugen to co-develop Covaxin for US market

Ø  AstraZeneca gets DCGI nod for asthma drug

Ø  JP Morgan demands loan repayment of 40 billion wons from SsangYong

 
Ø  Private thermal power cos get Rs 40,000 cr liquidity boost: Report

Ø  Govt has received 120-130 FDI proposals from China since April: Report

Ø  Wipro's Rs 9,500-crore share buyback offer to open on December 29

Ø  Reliance emerges as biggest wealth creator over last 25 years, finds study

Ø  Govt invites bids for sale of its 63.75% stake in Shipping Corporation

Ø  Anil Ambani's Reliance Capital gets 10 more bids for subsidiaries
Business Line
 
Mint

Ø  Oil India signs MoU with Assam’s AHECL

Ø  FSSAI notifies standards for fortification of processed food products

Ø  India, World Bank sign $500-million pact for safe, green

Ø  Wipro inks $700-million takeover deal with Metro AG

Ø  Dr Reddy’s, partners file for Canada nod to favipiravir tablets

Ø  Sadbhav Engineering jt venture lowest bidder for part of Rs 780-cr
 
Ø  Ruchi Soya shareholders approve appointment of Baba Ramdev, Acharya Balkrishna

Ø  Udaan sees sharp spike in food biz in 2020

Ø  Oaktree Capital writes to DHFL lenders urging fair treatment

Ø  Saudi Arabia sees foreign investment boost from India, Egypt

Ø  Vedanta pledges to move towards carbon-neutrality

Financial Express
 
D N A

Ø  Singapore’s GIC, Hong-Kong-based ESR form JV to invest USD 750 mn in Indian industrial and logistics realty

Ø  New rules to compensate consumers for power cuts and defective meters
 
Ø  Power ministry brings new rules to protect consumers

Ø  Delhi High Court dismisses Future Group's plea against Amazon
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

*Mkt. Updates :*

*SGX Nifty -60 pts (13429) from last trade 13489 ,*

Nikkei +29 pts ,
Hangseng -36 pts ,
Now @6.52am .

Dow -200.94 pts ,Nsdq +65.40 pts, S&P

-7.66 pts , Bovespa +813 pts  , Ftse +36 pts , Dax +171 pts , Cac +73 pts , Crude @ $46.82 brl (-0.19), Brent @ $49.84 brl (-1.07) , Gold @ 1866.50 (-3.80), Silver @ $25.42 (-0.11), Euro @ $1.2177, JPY @ $103.56, INR @ 73.855


*US GOVT. 10-YEAR YIELD : 0.91%*


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

MJCO

Interim Dividend - Rs. - 974.0000

RAJESHEXPO

Dividend - Rs. - 1.0000

TOWERINFRA

Income Distribution (InvIT)


*Today's Key Results/Board Meetings, 23-Dec-20 :*

20MICRONS

General

ARAMBHAN

General

CRPRISK

Audited Results;A.G.M.;Half Yearly

Results;General

DHAMPURSUG

General


*SEC. IN F&O BAN FOR 23.12.20 :*

*1. CANBK 2. PNB 3. SUNTV 4. SAIL*

*ADDITION - NIL*
*DELETION - NIL*
By: via @AlliesFin Serve Stock Market

Tuesday 22 December 2020

@AlliesFin Serve Stock Market's Post

@AlliesFin
22/12/2020
BSE:+452(46006)
NSE:+137(13466)
MID:+186(17251)
SML:+160(17117)
FII|FPI:+1153Cr
DII:-661Cr
B.Crude: 50
Gold$:1874=INR:50263
Silver: 68100
$/Rs: 73.84
5.77 : 2030 G-Sec: 5.95
NSE PE: 37.03
Join @AlliesFin
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@AlliesFin Serve Stock Market's Post

How the score of 36 was scored differently in #cricket matches

#SunilGavaskar scored 36 runs in 60 overs.

#YuvarajSingh scored 36 runs in 1 over

#TeamIndia scored 36 runs in 1 innings.

What can you learn here from an investing point of view ?

1) Like Gavaskar innings, sometimes your Investment can give you lesser returns for a prolonged tenure

2) Like Yuvaraj, sometimes your investment can deliver highest returns in least possible time.

3) Like team India, sometimes all your assets can perform terribly.

However in spite of these, Gavaskar was one of the finest batsman, Yuvaraj was a great player and team India ranks at the top.
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@AlliesFin Serve Stock Market's Post

above that over the next few months on a short­fall in sup­ply. “Ex­pected sur­pluses be­yond 2022 should leave prices on a down­ward trend from cycli­cal highs,” Citi said in a note.
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*Fatal Landslide in Brazil Pushes Iron Ore Toward Record.*

Prices of the steel ingredient rose 7.8% Monday as investors bet on tightening supply at a time of strong demand.
SYD­NEY—Iron-ore prices are surg­ing to­ward a record as a land­slide at a Brazil­ian iron-ore mine in­ten­si­fies con­cerns about sup­ply and Chi­nese de­mand runs hot.
The price of iron ore soared 7.8% to $176.90 a met­ric ton Mon­day, its high­est since Sep­tember 2011 and al­most dou­ble its value at the start of the year, ac­cord­ing to data from S&P Global Platts.
Iron ore, the main in­gre­di­ent in steel, is one of the world’s most-traded com­modi­ties and is among the best per­form­ing as­sets of 2020. It is now less than 10% from a record price of $193 a ton reached in Feb­ruary 2011.
The land­slide last week at Vale SA’s Cór­rego do Fei­jão mine, which killed one worker, has raised fresh con­cerns about sup­plies from Brazil. Ship­ments from that coun­try—the sec­ond big­gest ex­porter of iron ore, af­ter Aus­tralia—have yet to fully re­cover from ear­lier waste-dam col­lapses and pan­demic-re­lated dis­rup­tions to port and rail fa­cil­i­ties.
The city of Bru­mad­inho, in Brazil’s Mi­nas Gerais state, where the Cór­rego do Fei­jão mine is lo­cated, has sus­pended Vale’s op­er­at­ing li­cense for seven days, Vale said. It is the same part of Brazil where a dam burst in 2019, killing 270 peo­ple.
“As it is close to where the orig­i­nal dam fail­ure oc­curred, the mar­ket is be­com­ing in­creas­ingly con­cerned that Vale will strug­gle to hit its new, lower tar­get for out­put,” said Daniel Hynes, se­nior com­mod­ity strate­gist at Aus­tralia and New Zea­land Bank­ing Group Ltd.
The mar­ket was caught out this month when Vale said it would fail to meet an ear­lier pro­duc­tion tar­get for 2020 and set a 2021 goal well be­low an­a­lysts’ ex­pec­ta-tions, Mr. Hynes said. Vale pro­duces about 20% of the world’s iron ore traded by sea.
There are also con­cerns about sup­plies from Aus­tralia as the coun­try heads into its an­nual cy­clone sea­son, while China—the top buyer of iron ore glob­ally—has taken aim at com­modi­ties from coal to wine with tar­iffs and other re­stric­tions on im­ports as part of a broader diplo­matic dis­pute.
“There is no won­der the mar­ket is plac­ing a sup­ply risk pre­mium to prices at the mo­ment,” Mr. Hynes said.
Stim­u­lus in China and a rel­a­tively low price for met­al­lur­gi­cal coal, also used to make steel, have given mills the flex­i­bil­ity to pay more for iron ore, Aus­tralia’s gov­ern­ment said in a re­port Mon­day.
China pro­duces more than half of the world’s steel, and has been churn­ing it out at near-record rates re­cently. Its crude steel out­put to­taled 92.2 mil­lion tons in Oc­to­ber, up 13% on the same month a year ear­lier, ac­cord­ing to the World Steel As­so­ci­a­tion. No­vember data are due to be pub­lished later Tues­day.
A num­ber of an­a­lysts boosted their fore­casts for iron ore in re­cent weeks as prices rose.
J.P. Mor­gan lifted its 2021 price fore­cast by 20% to $126 a ton, cit­ing strong Chi­nese steel out­put and the softer-than-ex­pected pro­duc­tion fore­casts from Vale.
“China data keeps get­ting bet­ter,” J.P. Mor­gan an­a­lyst Lyn­don Fa­gan wrote in a Dec. 14 note. Gauges of Chi­na’s man­u­fac­tur-ing and non­man­u­fac­tur­ing ac­tiv­ity re­cently posted their high­est lev­els in three and eight years, re­spec­tively, sig­nal­ing a broad­en­ing re­cov­ery in the world’s sec­ond-largest econ­omy.
Spec­u­la­tors have also been stok­ing the rally, an­a­lysts say. Jef­feries Fi­nan­cial Group Inc. on Dec. 10 fore­cast the iron-ore price would peak be­tween $180 and $200 a ton in the first quar­ter of 2021.
Still, the price for the steel­mak­ing com­mod­ity should re­treat in the year ahead as Chi­nese de­mand cools and sup­plies re­cover, said Cap­i­tal Eco­nomics an­a­lyst Samuel Bur­man. He fore­casts the price to re­turn to $100 a ton by the end of next year.
Cit­i­group Inc. has the same fore­cast for end-of-2021 prices, al­though the bank ex­pects iron ore to re­main well
By: via @AlliesFin Serve Stock Market

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Economic Times



Business Standard

Ø CAIT says Amazon's arbitrary policies to dominate India's retail trade should end

Ø India's quarterly GDP contraction to end in December quarter: NCAER

Ø Importers challenge notices seeking duty on EOU imports

Ø Pillai panel begins verification of benefit rates under RoDTEP

Ø Coal India's fuel allocation under spot e-auction rises 59 pc during Apr-Nov

Ø 30,000 power looms fall silent as rayon yarn price goes up

Ø Mahindra's South Korean arm SsangYong Motor files for bankruptcy



Ø IBC to remain 'rightfully' suspended till FY21 end: FM Sitharaman

Ø CII urges finance ministry to impose basic custom duty on solar equipment

Ø Indian economy to clock double-digit growth next fiscal: Deloitte report

Ø Corporate profits touch all-time high in the September qtr: Crisil

Ø NIIF completes fund raise for $2.3 bn Master Fund in fifth and final round

Ø Oil tumbles as new Covid-19 virus strain revives demand worries

Business Line



Mint

Ø Centralised investment clearance cell by April 15

Ø Ramco Systems to implement aviation software for Europe’s

Ø Tata Motors to increase CV prices from January 1

Ø Bombay Shaving Company eyes bigger share in personal care

Ø AstraZeneca Pharma gets DCGI nod to market asthma drug

Ø Mahindra & Mahindra’s Farm Equipment Sector announces price increase from January 1

Ø IFC and arm to invest $76 m in Puravankara Group affordable



Ø KKR's Moneyline Portfolio sells 37.40 lakh shares in Max Financial for ₹245 cr

Ø Karnataka approves EV manufacturing projects of nearly ₹23,000 cr

Ø Singapore gets Asia's first Pfizer-BioNTech covid-19 vaccine doses

Ø Sebi comes out with new stress testing perimeters for commodity derivatives

Ø JPMorgan’s Jamie Dimon gets his $30 billion buyback wish

Financial Express



Deccan Chronicle

Ø India to witness double-digit growth in next fiscal: Report

Ø EU-UK trade talks slog on past another Brexit deadline

Ø New coronavirus strain hits British pound, euro as investors seek dollars

Ø Invoicemart discounts Rs 10,000-cr MSME invoices



Ø Pharma chief urges transparency in virus vaccine rollout

Ø Cotton farmers facing hardships as CCI fails to buy produce
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Monday 21 December 2020

@AlliesFin Serve Stock Market's Post

Hear video again to understand the lyrics.
Orchestra already played.


Why profit booking in markets ?
watch out this sunday special video
https://youtu.be/P6rTZinEuRA
for #nifty #banknifty #nifty50 stocks update with charts & comments. #alliesfin
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@AlliesFin
21/12/2020
BSE:-1407(45553)
NSE:-432(13328)
MID:-736(17064)
SML:-812(16956)
FII|FPI:-323Cr
DII:+486Cr
B.Crude: 49
Gold$:1879=INR:50536
Silver: 68952
$/Rs: 73.78
5.77 : 2030 G-Sec: 5.95
NSE PE: 36.65
Join @AlliesFin
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Just in : Maharashtra govt announces night curfew from 11pm to 6am in all municipal corporation areas of the state from Dec 22 to Jan 5. Fliers from Europe landing in the state to be sent to institutional quarantine for 14 days.
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@AlliesFin Serve Stock Market's Post

Why profit booking in markets ?
watch out this sunday special video
https://youtu.be/P6rTZinEuRA
for #nifty #banknifty #nifty50 stocks update with charts & comments. #alliesfin
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@AlliesFin Serve Stock Market's Post

https://youtu.be/P6rTZinEuRA

Kindly like and share your comments on telegram @A1GuruKulamteam
With regards to new contents of this content.
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https://telecom.economictimes.indiatimes.com/news/vodafone-idea-funding-talks-goldentree-pimco-join-oak-hill-led-consortium/79825528
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Securities in Ban For Trade Date 21-DEC-2020:

1 CANBK
2 PNB
3 SAIL
4 SUNTV
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Economic Times
 
Business Standard

Ø  Corporate Affairs Ministry defers implementation of CARO order
Ø  EPFO net new enrolments rises 56% to 11.55 lakh in October
Ø  India Inc bats for a bad bank in pre-budget consultations
Ø  6 suitors submit bids for acquiring Reliance Home Finance
Ø  All three bidders for Dewan Housing Finance are likely to junk some conditions

Ø  Delhi High Court to give verdict on Future Retail-Amazon case on December 21
 
Ø  Reliance, BP to get govt capped price of $4.06 for new gas from KG-D6
Ø  Integrating ESG into financial sector to benefit all stakeholders: Report
Ø  Compliance with new rules for audit reports deferred to April 2021-22
Ø  Bombay HC asks Essar to deposit security payable to AM/NS with court
Ø  Fuel supply by CIL to power sector drops 5% to 277 MT in April-November
Business Line
 
Mint
Ø  Waiver norms for independent directors eased
Ø  India, Vietnam to sign pacts on defence, energy, healthcare
Ø  Solar power tariff sees a new low of ₹1.99/kWh
Ø  Amul records 55% increase in consumer pack exports at ₹250
Ø  Govt moves to address woes of EXIM trade, shipping lines
Ø  Tatas looking to acquire bigbasket, CCD vending machine business
 
Ø  Iraq devalues its currency by a record as economy unravels
Ø  Minutes show the hawkish side of RBI’s monetary policy committee
Ø  Govt may invite EoIs for Shipping Corporation sale this week
Ø  Amazon India adds 1.5 lakh sellers, 70000 exporters in 2020
Ø  Johnson’s emergency lockdown adds pressure to Brexit talks
Ø  The world’s largest sovereign-wealth fund weighs a more active approach
Financial Express
 
Deccan Chronicle
Ø  Power consumption grows 4.8% in first half of December
Ø  Max Ventilators eyes over 20 per cent growth in 2021
Ø  Indian banks pursue UK bankruptcy order against Vijay Mallya
 
Ø  Pharma chief urges transparency in virus vaccine rollout
Ø  Amazon, publisher told to pay Rs 10,000 compensation to book buyer
Ø  Cotton farmers facing hardships as CCI fails to buy produce
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Friday 18 December 2020

@AlliesFin Serve Stock Market's Post

Market Outlook :
(18 Dec )


US market 148 points
Asian market Flat

SGX NIFTY 30 points Up

Trend on SGXNIFTY indicates a Positive Opening for index.

Market view :

Market would open Positive.

Technically, Market is still in the positive zone.

As we mentioned nifty is in super bullish zone above 13600 and day by day its going making new highs in the market.

Mass are waiting for correction.But don't wait for it just trade it with specified stoploss.when market will come down u will face some fix loss as a stoploss. This way you will not miss this rally.

Any intra day dips in the market will be good opportunity to buy until it breaks reversal levels.


Market would see reversal and enter into the negative zone only if it closes below 13440 for Nifty and 30330 for Bank Nifty but until then traders should continue to hold long positions in the market. 


Intraday level can help to take a trade in intra day set up.

Nifty : Bullish
Banknifty : Bullish

Nifty levels

Today's resistance
13795-13842
Today's support
13680-13620

Bank nifty levels

Today's resistance
31000-31200
Today's support
30620-30300

Market outlook view is just for educational purpose.
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Economic Times



Business Standard

Ø Indian companies' oil & gas output from overseas fields drops 11%

Ø Advance corporate tax mop-up jumps 49 per cent to Rs 1.09 lakh crore in Q3: CBDT source

Ø Natco Pharma launches anti blood clot medication, Rivaroxaban, in India

Ø L&T slated to win orders worth Rs 13,000 crore from HPCL JV: Sources

Ø India plans $60-bn investment in gas infrastructure: Dharmendra Pradhan

Ø PE/VC investments decline 27 pc in November at USD 3.9 billion: Report



Ø BPCL board approves buying out Oman Oil's stake in Bina refinery

Ø Icra narrows its GDP decline forecast for FY21 to 7.8% from 11% earlier

Ø S&P affirms Union Bank's long, short term rating, revises SACP to 'BB-'

Ø Sebi suggests relaxing of norms to boost listing of start-ups

Ø India's smartphone market up 42% in Oct with shipment of 21 mn units: IDC

Ø US jobless claims rise to 885,000 amid resurgence of coronavirus

Business Line



Mint

Ø ICRA assigns its first rating for electric bus project in India

Ø Tata Motors buys out Brazil’s Marcopolo S.A in bus JV for ₹100 crore

Ø DAC approves procurement worth ₹28,000 crore

Ø Sugar production up by 60% at 74 lakh tonnes till Dec 15

Ø BPCL likely to merge Bharat Oman Refineries after buying out

Ø Bombay Rayon hives off Tarapur unit as part of revival plan





Ø Pfizer hits snags registering vaccine for emergency use in Brazil

Ø Mutual fund assets to touch ₹50 lakh crore by 2025: Crisil

Ø RBI to conduct 3rd OMO purchase of SDLs aggregating ₹10,000 cr on Dec 23

Ø Walmart partners with TikTok to sell merchandise while livestreaming

Ø UK says chances of Brexit trade deal below 50%, despite EU optimism

Financial Express



Deccan Chronicle

Ø Govt to press ahead with PSU stake sale: FM Nirmala Sitharaman

Ø India’s economy showing signs of bottoming out: Credit Suisse

Ø Google wins EU antitrust nod for $2.1 billion Fitbit deal



Ø Apache to build a Rs. 70-crore leather industry in Pulivendula
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*SGX Nifty +22 pts (13772) from last trade 13750 ,*


Nikkei -2 pts ,
Hangseng -28 pts ,
Now @6.54am .


Dow +143.83 pts ,Nsdq +106.55 pts, S&P

+21.31 pts , Bovespa +543 pts  , Ftse -19 pts , Dax +101 pts , Cac +1 pts , Crude @ $48.36 brl (+0.00), Brent @ $51.50 brl (+0.42) , Gold @ 1890.40 (+0.0), Silver @ $26.205 (+0.02), Euro @ $1.2261, JPY @ $103.14, INR @ 73.525




*Today's Corporate Action*

*18th Dec Ex Date*



ASHOKALC

Dividend - Rs. - 0.5000

BCG

Final Dividend - Rs. - 0.0500

ENERGYDEV

Dividend - Rs. - 0.5000

JAICORPLTD

Dividend - Rs. - 0.5000

VRL

Dividend - Rs. - 1.5000






*Today's Key Results/Board Meetings

*18-Dec-20*




BITL

General

JIYAECO

Quarterly Results

ZODJRDMKJ

General






*Stock under F&O ban on NSE*

*18-Dec-20*



1CANBK

2PNB

3SUNTV
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Thursday 17 December 2020

@AlliesFin Serve Stock Market's Post

#F&O ADDITIONS

#NSE Introduces F&O Contracts On 3 Individual #Securities:

1. #AartiIndustries
2. #DrLal Pathlabs
3. #HDFCAssetManagement

Contracts will be available for trading w.e.f. January 01, 2021
#alliesfin #derivatives
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@AlliesFin
17/12/2020
BSE:+223(46890)
NSE:+58(13740)
MID:-23(17864)
SML:-40(17811)
FII|FPI:+2355Cr
DII:-2494Cr
B.Crude: 51
Gold$:1878=INR:50090
Silver: 67643
$/Rs: 73.60
5.77 : 2030 G-Sec: 5.95
NSE PE: 37.79
Join @AlliesFin
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@AlliesFin Serve Stock Market's Post

#Midcap #index crosses 21000 first time after Jan 2018 #alliesfin Time to Stay Alert and Get Alert ?
or this is just the Begining of #Bull Run ?
#stockmarkets #observations
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@AlliesFin Serve Stock Market's Post

$ #index below for 1st time since april 2018.
#Bitcoins at all time top.

is this hinting anything ?

#alliesfin #globalmarkets #observations
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@AlliesFin Serve Stock Market's Post

Pranam,

#TCS Member, #Buyback offer opens on Dec 18, 2020 & closes Jan 1, 2021.

Access LOF & tender form on https://linkintime.co.in/Offer/Default.aspx for details,

@AlliesFin
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@AlliesFin Serve Stock Market's Post

Market Outlook :
(17 Dec )


US market 337 points
Asian market Flat

SGX NIFTY 20 points Down

Trend on SGXNIFTY indicates a Flat Opening for index.

Market view :

Market would open Flat.

Technically, Market is still in the positive zone.

Yesterday market crossed and closed above 13600.Its entered in very bullish zone but Market is over-stretched and traders should remain cautious at this point of time as some consolidation may be seen but overall, the market would be considered bullish until it holds 13440 for Nifty and 30330 for BankNifty. 

Market would see reversal and enter into the negative zone only if it closes below 13440 for Nifty and 30330 for Bank Nifty but until then traders should continue to hold long positions in the market. 


Intraday level can help to take a trade in intra day set up.

Nifty : Bullish
Banknifty : Bullish

Nifty levels

Today's resistance
13710-13765
Today's support
13660-13590

Bank nifty levels

Today's resistance
30900-31200
Today's support
30350-29800

Market outlook view is just for educational purpose.
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Economic Times



Business Standard

Ø Sebi fixes shareholding rule for IBC firms

Ø Cabinet approves Rs 3,500 crore subsidy for sugar farmers

Ø India signs $1 billion loan with NDB to support MGNREGS and rural infrastructure

Ø Videocon lenders approve Twin Star Technologies bid

Ø India ranks 131 in United Nations' human development index

Ø EPFO settles 52 lakh COVID-19 claims, disburses Rs 13,300 cr: Gangwar

Ø Liberty Group buys SBQ Steels in its second bankruptcy acquisition



Ø India has been transparent in its forex intervention: US Treasury

Ø Winding down liquidity to be challenge for RBI going forward: Subbarao

Ø Sebi tweaks eligibility norms, paves way for fintech firms to set up AMCs

Ø GoDaddy acquires US-based payment processor Poynt for $365 million

Ø Bank of Japan to buy $6 billion in cash to combat potential market turmoil

Ø India GDP recovering better than expected; to contract 7.4% in FY21: SBI

Business Line



Mint

Ø Auto component industry achieves highest-ever trade surplus exports at ₹39,003 cr in H1

Ø PE firm Partners Group to pick stake in Ecom Express for ₹1,825

Ø French shipping company imposes $200 per TEU emergency space

Ø Aditya Mittal Nippon Steel completes ‘most challenging’ first year operations in India

Ø Future to prepay NCDs using proceeds of ₹25,000-cr RIL deal

Ø Tata Steel teams up for tracking emissions from mine to final



Ø India may need to spend $1.8 billion on covid-19 vaccines in first phase

Ø RBI relaxes eligibility norms under regulatory sandbox

Ø Aramco may have to sell assets, borrow more to maintain Saudi dividend

Ø Jubilant FoodWorks forays into biryani business with 'Ekdum'

Ø Bitcoin breaks above $20,000 for first time

Ø Disinvestment of Air India finally seems to take off

Financial Express



DNA

Ø Tax refunds worth Rs 1.48 lakh cr issued so far this fiscal: I-T dept

Ø Cabinet approves auction of spectrum worth Rs 3.92 lakh crore

Ø Axis Bank says reports on Srei exposure ‘grossly inaccurate’



Ø India's December 1-15 diesel sales down 5.2%, petrol up 9.5%

Ø Walmart commits to export India-made goods worth $10 billion each year by 2027
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Wednesday 16 December 2020

@AlliesFin Serve Stock Market's Post

https://youtu.be/QPE6g-RE8Ac
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@AlliesFin Serve Stock Market's Post

https://www.facebook.com/watch/?v=394540491811572
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@AlliesFin Serve Stock Market's Post

*Suven* from 10 in 2013 *1000* in 2020 100x

Join us Wealth Creation with Research & Fundamentals

@AlliesFin +919869958999

Till now You were Working for Money,

now

Let MONIES Work For You...

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Economic Times

 

Business Standard

Ø  Draft dividend payout norms unlikely to significantly impact most NBFCs: Report

Ø  Independent directors must be pro-active to ensure cos function in socially responsible manner: CAG

Ø  Projects worth Rs 44 lakh crore under implementation under National Infra Pipeline: Nitin Gadkari

Ø  Bharat Petroleum Corporation to consider buying out Oman Oil's stake in Bina refinery

Ø  Exports dip 8.74% in November, trade deficit at 10-month high

Ø  Cabinet likely to consider spectrum auction proposal

 

Ø  FSDC deliberated on challenges in transition from Libor-based contracts

Ø  Restarting stalled mines can help achieve $5 trn economy target: Agarwal

Ø  Allow insurance, pension funds to invest in lower-rated debt: SBI chief

Ø  Securities Appellate Tribunal stays Sebi's Rs 6-crore fine on NSE

Ø  Oil prices rise above $50 as Covid vaccine optimism offsets new lockdowns

Ø  Majesco declares interim dividend of Rs 974 per share after sale of US arm

Business Line

 

Mint

Ø  Indian chemical sector can emerge as global manufacturing hub: Gowda

Ø  Farmers’ protest may impact economic recovery: CII

Ø  Garment makers want GST to be cut to 5% from 12%

Ø  NMDC submits buyback offer letter to BSE

Ø  Mahindra arm Ssangyong misses repayment of loans worth ₹408 cr

Ø  India Alternatives sells stake in TUCIBIL to Khazanah for ₹340 crore

 

Ø  Industry, govt have to work together to make India a $5-trillion economy: Goyal

Ø  Disinvestment to gain momentum now: Nirmala Sitharaman

Ø  Embassy REIT, PNB and IDBI Bank launch share sales to raise up to $1.7 billion

Ø  Potential Air India-Tata deal raises hopes of consolidation in aviation

Ø  Auto industry suffered ₹2,300 cr loss per day during lockdowns: Par Panel

Financial Express

 

DNA

Ø  Mukesh Ambani says will provide technology tools for COVID-19 vaccination drive

Ø  Doors of CCI & NCLAT must be kept wide open in public interest: Supreme Court

Ø  Future Enterprises Ltd plans to prepay NCDs from proceeds of Rs 24,713 crore deal with Reliance

 

Ø  Inflationary woes: India's wholesale inflation rises to 1.55% in November

Ø  Google says 3 days a week in office, rest can be WFH: Report
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Tuesday 15 December 2020

@AlliesFin Serve Stock Market's Post

15/12/2020
BSE:+9(46263)
NSE:+9(13567)
MID:+74(17733)
SML:+12(17696)
FII|FPI:+2484Cr
DII:-2666Cr
B.Crude: 50
Gold$:1845=INR:49288
Silver: 64185
$/Rs: 73.64
5.77 : 2030 G-Sec: 5.94
NSE PE: 37.31
Join @AlliesFin
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

#concor #containercorp #alliesfin
sleeping beauty anytime price action possible

https://invst.ly/t4w1h

update for educational and motivational purpose only.
kindly consult your financial planner or advisor before taking decisions.
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

#auto sectors is showing signs of momemtum in early morning session while financials are lagging. watch out
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

New #Index to Trade From Jan 11, 2021 :

#NiftyFinancialServices

Lot Size - 40
Every week Thursday #Expiry!

Markets have Both Future and Options Available to Trade!!

So Here After #Markets have 3 Index to Trade!

#Nifty 75 Lot Size
#Bank Nifty 25 Lot Size
#Financials 40 Lot Size

#alliesfin #derivatives #futures #options
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

Economic Times



Business Standard

Ø 42 NBFCs, housing finance companies increased their provisioning under Indian accounting: EY report

Ø RBI, DBS move Supreme Court, want all LVB merger cases transferred

Ø RBI eases some conditions for banks to open current accounts

Ø Kapil Wadhawan submits proposal to repay DHFL creditors

Ø CRISIL projects slower contraction at -7.7% for India in FY21 against -9% in September

Ø Rs 1.58 lakh cr given to 4.05 m borrowers under ECLGS: Finance Ministry



Ø Retail inflation declines to 6.93% in Nov on softer food prices

Ø BSE, NSE, MCX gear up for India's first bullion exchange at Gift City

Ø IPO fundraising more than doubles to Rs 45,000 crore in 2020: KIB

Ø OPEC cuts 2021 oil demand outlook again as pandemic impact lingers

Ø Jio accuses Airtel, Vodafone Idea of fanning farmers' ire against it

Ø Airtel believes ARPU will reach Rs 200 levels in few months: Report

Business Line



Mint

Ø Crisil revises GDP forecast to -7.7% for fiscal 2021

Ø India’s fuel demand climbs for third straight month in November

Ø GSK Consumer Healthcare strengthens nasal care space

Ø MG Motor ties up with e-waste recycling firm TES-AMM

Ø India Alternatives sells stake in TUCIBIL to Khazanah for ₹340

Ø AstraZeneca to buy Alexion for $39 b



Ø Centre likely to further cut out stake in Axis Bank

Ø RBI exempts certain accounts from its current account norm

Ø Adidas to decide whether to sell its underperforming brand Reebok

Ø Draft EU law could see tech giants fined 10% of revenue: Report

Ø Bank of Maharashtra raises ₹200.70 cr through tier II bonds

Ø Shriram City Union Finance to raise up to ₹200 cr via bonds

Financial Express



DNA

Ø Japan ‘tankan’ business survey shows optimism over recovery

Ø China’s Alibaba, Tencent unit fined under anti-monopoly law

Ø Torrent Gas to invest Rs 5,000 cr in Chennai city gas project



Ø Burger King India makes remarkable market debut; lists at 92% premium over issue price

Ø Centre receives multiple initial bids for Air India, Tata Sons 'interested'
By: via @AlliesFin Serve Stock Market

Monday 14 December 2020

@AlliesFin Serve Stock Market's Post

#NIFTY hits 52 week top 13597 till now.
#FMCG sector top performer today .
#auto sector lagging today.
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

Economic Times



Business Standard

Ø Round-the-clock RTGS from December 14

Ø HOEC to begin oil from production from B-80 field in April

Ø Hiranandani group to invest Rs 8,500 cr in 3 yrs to build data centres, industrial parks

Ø Bharti Infratel gets RoC nod for change of name to Indus Towers post mega merger

Ø JSW Steel's Dolvi Works plant expansion may be completed by March-end

Ø Thermal coal imports at major ports dip 17% to 48 MT in Apr-Nov: IPA



Ø Sebi defers T+1 settlement plan after opposition from foreign investors

Ø CEA foresees V-shaped recovery in industrial production going ahead

Ø Govt likely to launch third tranche of Bharat Bond ETF this fiscal: Report

Ø Govt re-invites bids for auction of 4 coal blocks for commercial mining

Ø Vedanta's steel business back on growth turf after Covid-19 speed breaker

Ø Hitachi to sell overseas home appliance biz to Turkey's Arcelik: Report

Business Line



Mint

Ø Maruti’s market share dips below 50% mark

Ø Pfizer gets emergency-use authorisation for Covid-19 vaccine in the US

Ø AstraZeneca to buy Alexion for $39 b

Ø SJM flags nexus between Indian firms and multinationals in retail trade

Ø ICRA revises JSW Steel outlook from negative to stable

Ø Eric Schmidt calls for ‘strong’ India-US tie-up



Ø Foreign investors stock up on Indian equities with record ₹1.4-tn net inflow

Ø 'Centre to introduce single-window clearance for investors by mid-April'

Ø GSTN enables auto-populated GSTR-3B return form beginning Nov

Ø Yes Bank aims to double credit card customer base in 2 years

Ø UK, EU agree ‘extra mile’ deadline for post-Brexit deal talks

Financial Express



DNA

Ø Budget 2021-22: Nirmala Sitharaman to meet industrialists on Monday; begins pre-budget consultations

Ø RBI to set up Automated Banknote Processing Centre in Jaipur

Ø Finance Ministry to take call on Rs 14,500 crore capital infusion into banks in Q4



Ø Walmart commits to export India-made goods worth $10 billion each year by 2027

Ø Great news for EPFO subscribers, set to get 8.5 per cent interest for 2019-20 at one go
By: via @AlliesFin Serve Stock Market

Friday 11 December 2020

@AlliesFin Serve Stock Market's Post

Bear Markets teach you how to gain Discipline,

Bull Markets teach you how to lose it.

Source: twitter #alliesfin
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

CRUDE Discussed yesterday and today Oil & Gas Sector among top gainers
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

https://www.instagram.com/tv/CIoC4IeDx4u/
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@AlliesFin Serve Stock Market's Post

Market Outlook :
(11 Dec )


US market -69 points
Asian market Negative

SGX NIFTY 17 points up

Trend on SGXNIFTY indicates a Flat Opening for index.

Market view :

Market would open Flat.

Technically, Market is still in the positive zone.

We have seen intra day short covering as per expectation.
Yesterday we advised to not short sell if market goes down and buy on dips.

Today we will see sideway movement in market.

Reversal Levels are change from today.

We can see reversal only below 13350( Nifty ) and 30100 (Banknifty )On closing basis.

Intraday level can help to take a trade in intra day set up.

Nifty : Bullish
Banknifty : Bullish

Nifty levels

Today's resistance
13570-13630
Today's support
13430-13350

Bank nifty levels

Today's resistance
30750-30960
Today's support
30100-29900

Market outlook view is just for educational purpose.
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

Economic Times



Business Standard

Ø Finance Ministry notifies updated viability gap funding scheme

Ø India fiscal deficit could widen to 8.6% in FY21: Nomura

Ø Google, Amazon fined USD 163 million by French privacy watchdog

Ø Siemens providing driverless train solutions for Bengaluru Metro

Ø Blackstone pays $800 million for Piramal Glass; $200 mn payout linked to future performance milestones

Ø IOC cranks up refinery run, reaches 100% capacity in November on fuel demand boost



Ø ADB cuts India's FY21 contraction forecast to 8% on back of faster recovery

Ø Central bank's proposals on dividend payouts weigh on state-owned NBFCs

Ø NSE to launch derivatives contracts on Nifty Financial Services index

Ø Vedanta Resources sells bonds worth $1 bn at one of highest yields in Asia

Ø S&P DJI removes Chinese companies from indexes after Trump order

Ø Air India divestment: Date for qualified bidders extended to January 5

Business Line



Mint

Ø Zurich Airports eyes ‘airport portfolio’ in India

Ø Infra.Market raises $20 million in Series-B funding

Ø WayCool Foods raises $7.8 m in debt to digitise its operations

Ø TVS family to rejig ownership of group companies

Ø Scripbox acquires investment advisor Mitraz Financial

Ø Tata Sons rejects SP Group’s demand for separation, terms it ‘nonsense’



Ø US jobless claims jump to 3-month high amid new shutdowns

Ø Spectrum bands for 5G to be announced soon: DoT official

Ø Deloitte to double workforce in India in two to three years: Global CEO

Ø Airbnb set for huge stock debut, value could top $100 billion

Ø Sterling falls as markets re-evaluate no-deal Brexit risk

Ø Tesla-backed vaccine stock gets first sell after 752% rally

Financial Express



DNA

Ø India’s container trade severely impacted on low supply, demand this year: Maersk

Ø Location, education propel Asian income growth in US

Ø New dividend policy not to affect most NBFCs: Report



Ø Canada becomes latest country to approve Pfizer's COVID-19 vaccine

Ø China sees fresh surge in coronavirus cases, tests over 250,000 people for virus
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Thursday 10 December 2020

@AlliesFin Serve Stock Market's Post

#TataMistryCase | Tata Sons rejects Pallonji's offer of separation via pro rata distribution of shares and assets of Tata Group.

Harish Salve for Tata Sons to SC: Pallonji group has proposed dividing up the assets of Tata sons so that 18% share in all assets, cos goes to them.
#alliesfin daily dose of #market udpates
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@AlliesFin Serve Stock Market's Post

Market Outlook :
(10 Dec )


US market -105 points
Asian market Negative

SGX NIFTY 55 points Down

Trend on SGXNIFTY indicates a Negative Opening for index.

Market view :

Market would open Negative.

Technically, Market is still in the positive zone.

Sensex46000!!!!

Today market will open negative but still don't do short sell today.
Wait for the confirmation.

Market are giving chance to buy on dips.

Analysis would remain same.

We can see reversal only below 13000( Nifty ) and 29200 (Banknifty )On closing basis.

Intraday level can help to take a trade in intra day set up.

Nifty : Bullish
Banknifty : Bullish

Nifty levels

Today's resistance
13570-13630
Today's support
13475-13400

Bank nifty levels

Today's resistance
30750-30960
Today's support
30340-29900

Market outlook view is just for educational purpose.
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

Guidance is like a flashlight in a tunnel- It doesnt shine in all corners at once, but gives u enough light for the next step. KEEP GOING & MOVING.

@A1GuruKulam
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@AlliesFin Serve Stock Market's Post

• India Is Said to Favor Easing Inflation Aim to Aid Growth (1)

• NSE Conditionally Clears Reliance’s Plan to Separate O2C Assets

• Top ESG Fund With 131% Gain Buys More Asia Renewable Stocks

o Fund to invest in China, Hong Kong, South Korea and India

• RBI Proposes Minimum Financial Benchmark For NBFCs Declaring Dividend: BQ

• Facebook’s Next Trick Is to Turn WhatsApp Into a Real Business

• IndiGo Sees International Capacity Recovering by End of 2021

• Vedanta Resources Offers Bond With One of Highest Yields in Asia

• CROP TENDER: India’s Rika to Supply Bangladesh 50,000 Tons Rice

• BRICS 1Q CPI Forecast Declines in Past Week; India Up to 5.2%

• Global Funds Buy Net INR35.6B of India Stocks on Wednesday: NSE

o Domestic funds sell net 24.9b rupees of stocks

• Foreign Investors Buy Net INR31.2B of Indian Equities on Dec. 8

• Foreigners Buy Net INR687M of India Equity Derivatives Wednesday

• Emerging-Market Bears Are Hard to Find After $5 Trillion Advance

• Farmers Reject Govt Proposal On Agri Laws, To Intensify Agitation With Nationwide Protest On Dec. 14: PTI

• Coal India likely to see reforms in marketing, sales in 2021: PTI

• India Will Produce Cheapest Electricity From Renewable Sources: Gautam Adani: PTI

• IRCTC offer-for-sale floor price set at 1,367 rupees/share: CNBC-TV18

• Glenmark Pharmaceuticals (GNP): Says redeems $182.5m of 2021 notes, $17.5m still outstanding

• KRBL (KRBL): Clarifies it has not entered into any ‘sham’ agreement with any entity; Enforcement Directorate allegations false, baseless

• Mahindra & Mahindra (MM): Says raises voting rights in Sampo Rosenlew to upto 79.13%

• Religare Enterprises (RELG): Clarifies in talks for divestment of Religare Finvest; Finvest debt restructuring plan not yet siged

• Tata Consultancy (TCS): Says shares buyback Offer to open Dec. 18, close Jan. 1

• Maruti Suzuki (MSIL): Says will raise prices across models in Jan. to pass on input cost increases
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

*Mkt. Updates :*

*SGX Nifty -101 pts (13476) from last trade 13577 ,*

Nikkei -100 pts ,
Hangseng -168 pts ,
Now @6.52am .

Dow -105.07 pts ,Nsdq -243.82 pts, S&P +

-29.43 pts , Bovespa -791 pts  , Ftse +5 pts , Dax +61 pts , Cac -13 pts , Crude @ $45.69 brl (+0.17), Brent @ $48.98 brl (+0.14) , Gold @ 1839.70 (+0.50), Silver @ $23.99 (-0.00), Euro @ $1.2077, JPY @ $104.28, INR @ 73.735


*US GOVT. 10-YEAR YIELD : 0.93%*


*Today's Corporate Action, 10th Dec Ex Date :*

GARFIBRES

Buy Back of Shares

INFIBEAM

Spin Off

LEX

E.G.M.

RUSHIL

Final Dividend - Rs. - 0.5000

SBTL

Reduction of Capital

SHAHLON

Dividend - Rs. - 0.2500

WIPRO

Buy Back of Shares


*Today's Key Results/Board Meetings, 10-Dec-20 :*

ECORECO

Quarterly Results

GOBLIN

General


*SEC. IN BAN FOR TRADE DATE 10-DEC-2020 :*

1. PNB

*Today's Alert :*

Auction of GOI for INR 280 Billion
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Wednesday 9 December 2020

@AlliesFin Serve Stock Market's Post

#TCS buyback window to open on 18th December, close on 1st January, settlement on 12th January 2021. #alliesfin
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@AlliesFin Serve Stock Market's Post

#Union #Ministers Shri Prakash Javadekar, Shri Ravi Shankar Prasad & Shri Santosh Gangwar to brief #press on #Cabinet decisions at 03:00PM today i.e. 09.12.2020 #markettalks #alliesfin
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@AlliesFin Serve Stock Market's Post

#SUPREME COURT SETS DEC 14 AS NEXT #HEARING DATE FOR #LOAN #MORATORIUM CASE #alliesfin
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

#bbl #bharatbijlee
#alliesfin
for short to mid term long side.

https://invst.ly/t2gf1

update for educational and motivational purpose only. kindly consult your financial planner or advisor before taking decisions.
By: via @AlliesFin Serve Stock Market

Tuesday 8 December 2020

@AlliesFin Serve Stock Market's Post

#STEEL #STOCKS : Sources say steel cos hike prices for second time in December 2020. Steel prices hiked by Rs 1,500/tonne, after Rs 2,500/tonne hiked in 1st week of December 2020. Key reasons for the hike are strong demand & higher iron ore costs.
#alliesfin #metals #shinning
Most of the +ve news are factored in current prices.
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Monday 7 December 2020

@AlliesFin Serve Stock Market's Post

1170 to 1513+ #forcemotors
+20% only or upper lock\circuit.
https://t.me/AlliesFin/9626

update for educational and motivational purpose only.
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

#auto #banking and #metals are in profit booking for the day.
#index some #profit booking seen at higher levels.
but this is not #short #selling nor its advised.
stock specific action in small and mid caps.
#ALLIESFIN #STOCKMARKET
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@AlliesFin Serve Stock Market's Post

1170 to 1350+ #forcemotors
https://t.me/AlliesFin/9626
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Sunday 6 December 2020

@AlliesFin Serve Stock Market's Post

Successful trading is boring!
@AlliesFin

It’s the repetition of the same rules, principles and process over and over again.

I don’t look for excitement in trading.

I look for excitement in research, back testing and working on my mindset.

-Mr market @AlliesFin
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@AlliesFin Serve Stock Market's Post

Apple iPhone users, there's a new scam you need to be careful about - https://timesofindia.indiatimes.com/gadgets-news/apple-iphone-users-theres-a-new-scam-you-need-to-be-careful-about/articleshow/79589422.cms
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Friday 4 December 2020

@AlliesFin Serve Stock Market's Post

@AlliesFin
4/12/2020
BSE:+446(45079)
NSE:+124(13258)
MID:+75(17389)
SML:+71(17317)
FII|FPI:+2969Cr
DII:-1971Cr
B.Crude: 49
Gold$:1842=INR:49312
Silver: 64067
$/Rs: 73.80
5.79 : 2030 G-Sec: 5.92
NSE PE: 36.46
Join @AlliesFin
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

After High Volatile Session
#Sensex crosses 45k mark
#BankNifty crosses 30k mark
#Nifty above 13250 mark.
#alliesfin #stockmarket
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

profit booking is inevitable in markets.
bt no short selling advised.
tc of leverages and overbought positions.
#alliesfin #nifty #banknifty #observations.
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

#rbi
RBI MONETARY POLICY:
RBI keeps accommodative stance
No change in rates #alliesfin
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

SGX Nifty +40 pts (13243) from last trade 13203 ,


Nikkei -45 pts ,
Hangseng +83 pts ,
Now @6.55am .


Dow +85.73 pts ,Nsdq +27.82 pts, S&P -2.29 pts , Bovespa +413 pts  , Ftse +26 pts , Dax -60 pts , Cac -8 pts , Nikkei -42 pts now ,Crude @ $45.69 brl (+0.05), Brent @ $48.82 brl (+0.57) , Gold @ 1844.50 (+3.40), Silver @ $24.19 (+0.05), Euro @ $1.1244, JPY @ $103.85, INR @ 73.86






Today's Corporate Action

4th Dec Ex Date



None




Today's Key Results/Board Meetings/Analysts Meet

4-Dec-20



AYOME

General

BALGOPAL

A.G.M.;Genera

BARTRONICS

A.G.M.;General

BCGIT

Preferential Issue of shares

CANOPYFIN

A.G.M.

CIANAGRO

A.G.M.;General

GRCABLETelecom Cables

A.G.M.;General

AARYAFSL

A.G.M.;General

KENNAMET

General;Scheme of Arrangement

LKPFIN

Voluntary Delisting of Shares0

MACKINN

A.G.M.;General

MICE

A.G.M.;General

MINALIND

A.G.M.;General

PASUFINFinance

A.G.M.;General

PBGLOBAL

A.G.M.;General

RAJNISH

A.G.M.;General

SINDHUTRAD

A.G.M.;Audited Results

SMARTFINFinance

A.G.M.

SMARTLINKIT

Buy Back of Shares

STRGRENWOHotels

A.G.M.;General

TUNITEXTextiles

General

VITESSE

A.G.M.;Genera

WEBELSOLAR

Quarterly Results

YASHMGM

General




Stock under F&O ban on NSE

4-Dec-20



None
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

@AlliesFin

The S&P 500 and the Nasdaq touched all-time highs on Thursday as investors looked past bleak economic data, while remaining focused on a COVID-19 vaccine, with the blue-chip Dow getting a boost from Boeing shares. Small cap Russell 2000 also inched up a bit higher.
Investors in Asia geared up for modest stock gains on Friday as U.S. legislators wrangled over a fiscal stimulus and negotiations over a Brexit trade deal continued. Markets in South Korea moved into fresh life high but stocks in Japan were trading down on some profit taking.

US dollar index dropped further into 30 month low at 90.7, 10 year bond traded lower below 0.91, Cboe Vix moved higher above 21.
Crude futures moved higher WTI nearing 46, Brent nearing 49 as risk on trade gaining momentum.

Both Nifty and Bank Nifty are witnessing some consolidation with minor upward bias but for traders stocks outside the index offer lots of opportunities to gain from. The big tailwind for EM equities and commodity in the form of relentless fall in $ index is a big theme to look for in the immediate future. The other themes that seems to be gaining momentum are outperformance of 'value vs growth' and narrowing the gap between performance of EM vs DM in favour of EM.
Traders may continue to trail the stop loss on individual positions.

Get daily dose of market updates on mobile join AlliesFin telegram channel
https://t.me/AlliesFin


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Thursday 3 December 2020

@AlliesFin Serve Stock Market's Post

Economic Times



Business Standard

Ø Exxon Mobil in talks to buy stake in Indian oil, gas fields: Pradhan

Ø L&T sells UK marine tech arm Servowatch Systems to Rolls-Royce

Ø India imposes anti-dumping duty on TDI imports for 6 months

Ø MCA extends deadline for submission of cost audit report till December 31

Ø Sugar output jumps over two-fold at 42.9 lakh ton in October-November

Ø Coal India posts 8% offtake growth in November



Ø RBI's Monetary Policy Committee starts 3-day deliberation on key rates

Ø Nettle Infra buys 4.94% stake in Bharti Infratel for Rs 2,882 crore

Ø Steel prices race past peak levels of 2018, spreads at 3-year high

Ø MCX gets Sebi approval for launch of futures trading in natural rubber

Ø Debt-laden Reliance Capital garners 60 bids in asset monetisation drive

Ø Tata Group in advanced talks to buy 80% stake in BigBasket for $ 1.3 bn

Business Line



Mint

Ø Steel companies hike prices by ₹2,700 a tonne on buoyant demand

Ø NCLT to hear Jet Airways resolution plan on Dec 11

Ø India’s exports plunged 17.84% in April-November: Commerce

Ø Tea Board fixes price for farmers at 87% more than last year

Ø SC rejects Sterlite proposal to run TN plant for 30 days in its

Ø Tilaknagar Industries settles $2-million claim with Standard



Ø Merck sells stake in Moderna as vaccine gets FDA review

Ø DHFL lenders file personal insolvency case against Wadhawans

Ø Iron Pillar makes maiden investment in CoreStack from new fund

Ø India's November trade deficit narrows to nearly $10 bn

Ø Tata Sons buys 0.71% stake in Tata Chemicals for around ₹76 crore

Ø Reliance Jio leads funding round in gaming company Krikey

Financial Express



DNA

Ø Australia bounces out of recession as economy grows 3.3%

Ø 8 suitors in fray to buy debt-ridden Reliance Capital

Ø India Inc to sustain recovery in Q3 FY21 on strong festive season: Icra



Ø UK approves Pfizer-BioNTech COVID-19 vaccine, first in the world

Ø Yogi Adityanath rings the bell at BSE to mark listing of LMC bonds
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Wednesday 2 December 2020

@AlliesFin Serve Stock Market's Post

@AlliesFin
2/12/2020
BSE:-37(44618)
NSE:+4(13113)
MID:+94(17167)
SML:+116(17129)
FII|FPI:+357Cr
DII:-1635Cr
B.Crude: 47
Gold$:1825=INR:48599
Silver: 62400
$/Rs: 73.80
5.79 : 2030 G-Sec: 5.90
NSE PE: 36.06
Join @AlliesFin
For daily dose of stock market updates.
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

#nifty almost DoJi formation on charts.
lets c what lies ahead for dec 2020.
#alliesfin #stockmarkets
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

#index double top formations on #charts , todays closing n few days momemtum could confirm, take care of leverages and overbought positions.
#alliesfin #nifty #banknifty
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

Business Standard

Ø States' indebtedness to hit decade-high of 36% of GSDP: CRISIL

Ø Recovery from bankruptcy courts could fall by a third in FY21: ICRA

Ø India's Jan-Oct rice exports jump 43% y/y to 11.95 million tonnes: Government data

Ø November was busier than October in terms of business activity in India: Nomura

Ø Hero MotoCorp sales up 14% in November

Ø FDI in non-life insurance sector slips marginally to Rs 509 cr in FY20

Ø OECD cuts India's FY21 GDP contraction rate to 9.9% from 10.2% earlier

Ø Oil prices inch down as OPEC and allies seek consensus on output

Ø World economy to bounce back by 2021-end, but risks remain: Group

Ø Ashok Leyland's truck sales rise 23% in Nov, bus sales decline 90%

Ø Maruti Suzuki's November sales increase 1.7 per cent to 153,223 units

Ø Wockhardt in talks with global vaccine firms for contract manufacturing

Mint

Ø Glenmark Pharma gets tentative nod from USFDA for cancer treatment drug

Ø Cochin Shipyard conducts steel cutting for Navy crafts

Ø India signs $132.8-m loan agreement with ADB to strengthen Meghalaya’s power

Ø M&M posts 56% increase in tractor sales in November

Ø Himadri Group enters e-mobility solutions

Ø CCI approves acquisition of Rivigo by Warburg-managed entities

Ø Flipkart India cuts losses, reports revenue of ₹34,610 crore in FY20

Ø Tata Motors vehicle sales up 21% to 49,650 units in November

Ø Rupee ends at more than one month high against USD

Ø Nasdaq plans to require more diversity on listed company boards

Ø Corporate bond issuance up 25% to ₹4.4 tn in 1st half of FY21: Finance Ministry

Financial Express

Ø Yes Bank aims to disburse Rs 10,000 cr retail, MSME loans in December quarter

Ø Reliance Capital continues to default on term loan payments to HDFC, Axis Bank

Ø GST collection in November crosses Rs 1 lakh crore mark for second time since April

Ø Moderna says its COVID-19 vaccine shows 100% success against severe cases
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Tuesday 1 December 2020

@AlliesFin Serve Stock Market's Post

@AlliesFin
1/12/2020
BSE:+505(44655)
NSE:+140(13109)
MID:+158(17073)
SML:+137(17013)
FII|FPI:+3242Cr
DII:-1043Cr
B.Crude: 47
Gold$:1803=INR:48559
Silver: 60650
$/Rs: 73.68
5.79 : 2030 G-Sec: 5.94
NSE PE: 36.05
Join @AlliesFin
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

Economic Times



Business Standard

Ø S&P retains India's growth forecast at (-)9 per cent this fiscal

Ø India may impose anti-dumping duty on tyre imports from Thailand

Ø India's consumer spending to return to growth in 2021: Fitch Solutions

Ø Economists upgrade GDP forecasts after Q2 surprise

Ø Sidbi to handhold MSMEs for free in formulating restructuring plans

Ø Banks in India to see capital decline over 2 years without fresh infusion: Moody's



Ø Tata Sons may raise stake to over 76% in AirAsia India by 2020-21 end

Ø Oil prices slip as investors turn cautious ahead of OPEC+ meeting

Ø Tesla gets permission from China to sell Shanghai-made Model Y SUV

Ø Shapoorji's $1.2 bn deal with ADIA on hold over debt issues, coronavirus

Ø 5G connection to reach 3.5 bn globally, 350 mn in India by 2026: Report

Business Line



Mint

Ø Taj group, Ambuja Neotia tie up to roll out 5 new hotels

Ø Goodricke Group keen to buy more tea estates in Assam

Ø Govt decision to drop out of RCEP will benefit steel cos

Ø Uttam Value Steels delisting leaves investors in lurch

Ø Six debt schemes of Franklin Templeton get ₹1,895 cr

Ø IndiGrid to buy 74% stake in Parbati Koldam Transmission



Ø GM, Nikola announce reworked agreement; Nikola shares fall 22%

Ø ECLGS 2.0 can infuse over ₹40,000 crore liquidity: Report

Ø Sandeep Kataria becomes first Indian to be appointed as global CEO of Bata

Ø DoorDash aims for up to $27 billion valuation in IPO

Ø India Ratings and Research projects 40-45% decline for apparel retailers in FY21

Financial Express



DNA

Ø UK launches new telecom strategy to tackle Huawei dominance

Ø Bank credit growth to remain slower in near term: Report

Ø China’s factory activity expands at fastest pace in over 3 years



Ø Gold set for worst month in four years on vaccine-led stocks rally
By: via @AlliesFin Serve Stock Market

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*News Headlines from Business News Agencies :* *Business Standard :* SBI General Insurance result: Net profit jumps 28% to Rs 240 cr in ...