Saturday 27 February 2021

@AlliesFin Serve Stock Market's Post

Why did markets fall today

1) The markets rose over the past few months because US printed tons of money and Americans grew paper rich

2) With less avenues to spend due to Pandemic money flowed into stock markets including Indian market

3) While Domestic Institutional investors have been selling the Foreigners were busy buying and taking the market up

4) As such with such low rates in US, this strategy paid off for them

5) But all along the idea was to make the moolah and escape at the right time

6) Yesterday the Bond Market in the US saw its yield rise by about 1%. Now that's the largest rise in the last year

7) This happened because US Govt is borrowing money by selling bonds

8) Excess supply of Bonds makes it cheaper and thereby new buyers have the opportunity to earn up to 1% more (that is the extent to which the prices fell)

9) Naturally when prices fall the opportunity is there to earn more for new buyers

10) Secondly US Bond is Gold Standard in terms of safety

11) So now the FIIs were all this time investing with a simple aim to milk some quick meeting money

12) Their objective was always to make money and switch it to safe asset and thereby book their huge profits

13) They sold 8000 Cr of stock in a day which naturally got the market crashing down

14) Once they got the money they sold the rupees and purchased dollars because the US Bonds can be bought using dollars only

15) This causes the rupee the fall in value against the dollar

16) With Dollars in their hands these FIIs now have bought the US dollars

17) With the Pandemic showing signs of abating people will spend more in the US and this could cause inflation there

18) This too will have an effect of higher Bond yields and more profit booking and flight to safety

19) Brace up for more fireworks because currently markets are hugely over valued

20) Hope you understood why markets crashed today
By: via @AlliesFin Serve Stock Market

Friday 26 February 2021

@AlliesFin Serve Stock Market's Post

Market Outlook :
(26 FEB )


US market 559 Points Down
Asian market Positive

SGX NIFTY 275 points Down

Trend on SGXNIFTY indicates a Gap Down Opening for index.

Market view :

Market would open Negative.

We mentioned that because of NSE glitch , we have seen unexpected rally.

Today if closing below our old reversal level 14900 and 35100 then we will got the confirmation for trend reversal on chart.


Market would enter into a Positive zone only if it closes above 15050 for Nifty and 36660 for Banknifty.


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

Nifty : Bearish
Banknifty : Bearish

Nifty levels

Today's resistance
15175-15230
Today's support
15050-14900

Bank nifty levels

Today's resistance
36876-37020
Today's support
36308-35555

Market outlook view is just for educational purpose.

Disclaimer Note : all opinions views shared on any social media channels or digital platforms of A1Gurukulam are personal and are for educational and motivational purpose only. Trading and investing involves risk of capital so Kindly consult your financial planner or advisor before taking decision.
If you feel any content is improper or needs any change so kindly
Write us @A1GuruKulamteam
Join us on telegram @A1Gurukulam
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

*Mkt. Updates :*

*SGX Nifty -273 pts (14900) from last trade 15173 ,*

Nikkei -724 pts ,
Hangseng -662 pts ,
Now @6.52am .

*Dow -559.85 pts ,Nsdq -478.53 pts, S&P -96.09 pts,* Bovespa -3411 pts , Ftse -7 pts , Dax -96 pts , Cac -14 pts , Crude @ $63.49 brl (-0.05), Brent @ $67.08 brl (+0.04) , Gold @ 1770.20 (-5.10), Silver @ $27.585 (-0.08), Euro @ $1.2164, JPY @ $106.37, INR @ 72.745


*US GOVT. 10-YEAR YIELD : 1.52%*


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

SMARTLINK

Buy Back of Shares 


*Today's Key Results/Board Meetings, 26-feb-21 :*

AIML

Quarterly Results

BCP

General

HAL

Interim Dividend

KEI

Interim Dividend

POWERINDIA

Audited Results;Dividend;Quarterly Results

STOVACQ

Audited Results;Dividend


*SEC. IN F&O BAN FOR, 26-Feb-21 :*

NIL


*Today's Alert :*

RBI to Conduct Auction of GOI BONDS for INR 190 Billion
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

Tech Leads U.S. Stock Rout as Bond Yields Soar: Markets Wrap

Tech shares led a rout in U.S. stocks while the selloff in global bonds deepened, with the benchmark Treasury yield spiking to a one-year high and debt from the U.K. to Australia coming under pressure.

The Nasdaq 100 tumbled 3.6%, the most since October, as investors rotated away from pandemic-era winners toward companies poised to benefit from an end to lockdowns. About 10 stocks fell for every one that gained on the S&P 500. Cathie Wood’s ARK Innovation ETF extended its decline, leaving it 15% lower for the week. Stocks popular with the day-trader crowd surged once again, with GameStop Corp. doubling at one point before ending 19% higher.

Earnings that came after the close were mixed. Airbnb Inc. rose about 4% in late trading after reporting sales that beat estimates, while DoorDash Inc. fell about 14% after losses more than doubled from a year earlier. Beyond Meat Inc. added about 7% after announcing a partnership with McDonald’s.

Ten-year Treasury yields spiked after tepid demand at an auction for government bonds, surging as much as 23 basis points to 1.6%, the highest since last February. The increase forced a crucial group of investors such as holders of mortgage securities to sell Treasuries, which in turn led to further increases in yields.

Across markets, investors are betting on a sunnier outlook for the global economy, with U.S. jobless claims data the latest to support that idea. But some traders worry that resurgent growth is already priced into stocks, and they’re staring down the risk that accelerating inflation is just around the corner, a development that would dent the appeal of equities.

“It’s all about interest rates,” said Randy Frederick, vice president of trading and derivatives for Schwab Center for Financial Research. Tech “has been a relative outperformer. As it led on the way up, it will likely lead on the way down too.”

In remarks this week, Federal Reserve Chairman Jerome Powell offered reassurance that policy would continue to be supportive and look beyond a temporary pick-up in inflation, especially from a low base.

That’s given the bond market enough reason to keep driving yields higher. The 10-year U.S. yield adjusted for inflation rose to its highest level since June, a warning sign for riskier assets that have benefited from exceptionally loose financial conditions amid the pandemic.

Read more: Soaring U.S. Yields Send Risk Assets Warning as Real Rates Rise

Elsewhere in markets, Asian bourses closed broadly higher. Bitcoin traded just below $50,000.

*Some key events to watch this week :*

Finance ministers and central bankers from the Group of 20 will meet virtually Friday. U.S. Treasury Secretary Janet Yellen will be among the attendees.

*These are some of the main moves in markets :*

*Stocks :*

The S&P 500 Index fell 2.5% as of 4 p.m. New York time.

The Stoxx Europe 600 Index fell 0.4%.

The MSCI Asia Pacific Index surged 0.8%.

The MSCI Emerging Market Index added 0.2%.

*Currencies :*

The Bloomberg Dollar Spot Index rose 0.6%.

The euro climbed 0.1% to $1.2173.

The British pound fell 0.8% to $1.4024.

The Japanese yen weakened 0.3% to 106.22 per dollar.

*Bonds :*

The yield on 10-year Treasuries increased 13 basis points to 1.54%.

Germany’s 10-year yield jumped seven basis points to -0.23%.

Britain’s 10-year yield increased five basis points to 0.78%.

*Commodities :*

West Texas Intermediate crude rose 0.4% to $63.45 a barrel.

Gold weakened 1.8% to $1,773.03 an ounce.
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

Economic Times

 

Business Standard

Ø  Privatisation to boost investment: India Inc

Ø  5G deployment could boost GDP by $150 bn

Ø  Country will have few PSUs but with solid presence, says FM Nirmala Sitharaman

Ø  India extends anti-dumping duty on melamine, vitrified tile imports from China

Ø  Indiabulls Real Estate, Embassy Group aim to complete merger by December end

Ø  Country will have few PSUs but with solid presence, says FM Nirmala Sitharaman

 

Ø  India's fiscal position to remain weak even as deficit improves: Moody's

Ø  Merck to buy drug developer Pandion Therapeutics for $1.85 billion

Ø  US government revises fourth quarter GDP up slightly to 4.1%

Ø  Kalrock-Jalan consortium to invest Rs 1,375 crore in debt-laden Jet Airways

Ø  RBI's asset purchases did not dilute its balance sheet: Governor

Ø  Mahindra sells its entire stake in First Choice Services to TVS Automobile

Business Line

 

Mint

Ø  Stable outlook for Indian corporates: Moody’s and ICRA

Ø  AL buys Nissan’s 38% stake in Hinduja Tech for ₹70 crore

Ø  Airtel successfully makes debt fund raise of $1.25 billion

Ø  Telecom sector revenue growth recovers to pre-Jio entry levels

Ø  Dixon Technologies seeks land to set up electronics unit in Karnataka

Ø  66 FPOs onboarded to Unified Market Platform

 

Ø  Irdai withdraws circular on dividends for FY20

Ø  Bank of Baroda launches ₹4,500 cr share sale

Ø  Ravi Deol’s Inbrew acquires Molson Coors’ India biz

Ø  Suzuki Motor to promote hybrids, EVs; strengthen SUV segment in India

Ø  Heranba Industries IPO subscribed 83 times on the last day of bidding

Ø  Moderna sees $18.4 billion in sales from COVID-19 vaccine in 2021

Financial Express

 

Deccan Chronicle

Ø  Govt to consider up to 20 times incremental sales value for computing telecom PLI

Ø  Retail loans to remain most affected due to pandemic: Moody’s

 

Ø  Govt announces guidelines to regulate social media, OTT platforms and digital news

Ø  Nirav Modi loses extradition fight, UK judge rules he has case to answer in India
By: via @AlliesFin Serve Stock Market

Thursday 25 February 2021

@AlliesFin Serve Stock Market's Post

25/2/2021
BSE:+257(51039)
NSE:+115(15097)
MID:+219(20333)
SML:+285(20304)
FII|FPI:+188Cr
DII:-746Cr
B.Crude: 67
Gold$:1786=INR:46350
Silver: 69919
$/Rs: 72.42
5.77 : 2030 G-Sec: 6.23
NSE PE: 41.20
Join @AlliesFin9
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

*Business Standard :*


Ø Cabinet approves PLI scheme for pharma

Ø Mexico's Grupo Bimbo buys iconic bread brand Modern Foods

Ø Reliance prices coal gas from Madhya Pradesh at minimum USD 6

Ø Nirav Modi extradition case to come up on Thursday

Ø Number of ultra-high networth individuals to rise 63% to 11,198 in 5 years in India: Report

Ø Power Ministry reduces discom penalties to 5% over SBI lending rate

Ø Sebi, Finmin seek detailed report from NSE as trading halts due to glitch

Ø PM Modi says govt committed to selling non-strategic PSUs

Ø India's foodgrain production to rise 2% in 2020-21: Government

Ø Indian corporate bond market can double March 2025 : Crisil

Ø SoftBank-backed Berkshire Grey to go public via $2.7 bn SPAC deal

Ø Piramal Enterprises sets up new alternative fund management business

Business Line



*Mint :*


Ø Cabinet approves PLI scheme worth ₹7,350 cr for laptops, tablets, servers

Ø IOC to set up fuel ethanol, EV battery plants

Ø ReNew Power inks pact to merge with RMG Acquisition Corp II

Ø Strides gets USFDA nod for Ibuprofen OTC oral suspension

Ø NMPT signs 7 MoUs with stakeholders

Ø NTPC inks pact to buy GAIL's 25.1 per cent stake in RGPPL

Ø NSE halts trade for 4 hrs due to tech snag, markets rise 2% in extended session

Ø Govt allows private sector banks to participate in all govt businesses

Ø Govt to set up national asset monetization pipeline for sale of CPSE assets

Ø CBDT issues refunds of over 1.95 cr to more than 1.93 cr taxpayers in FY21

Ø Bidders for PSBs should have deep pockets: RBI

Financial Express



*Deccan Chronicle :*


Ø India’s foodgrain output to rise 2% in 2020-21 to record 303.34 million tonnes: Govt

Ø Hong Kong to spend $15.4 billion to stabilise coronavirus-ravaged economy

Ø German economy grew 0.3% in Q4, better than thought

Ø IT sector continues to see sequential growth in hiring in January: Report

Ø Govt to bring amendments to two Acts to enable privatisation of PSU banks
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

*Mkt. Updates :*

*SGX Nifty +36 pts (15034) from last trade 14998 ,*

Nikkei +508 pts ,
Hangseng +456 pts ,
Now @7.00am .

Dow +424.51 pts ,Nsdq +132.77 pts, S&P

+44.06 pts, Bovespa +440 pts , Ftse +33 pts , Dax +111 pts , Cac +11 pts , Crude @ $63.63 brl (+0.41), Brent @ $67.31 brl (+1.94) , Gold @ 1802.50 (+4.60), Silver @ $28.005 (+0.14), Euro @ $1.2169, JPY @ $105.95, INR @ 72.405


*US GOVT. 10-YEAR YIELD : 1.40%*


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

AMARAJABAT

Interim Dividend - Rs. - 5.0000

CAREERP

Interim Dividend - Rs. - 1.0000

DHARAMS

IInterim Dividend - Rs. - 1.0000

GMPL

Interim Dividend - Rs. - 1.0000

GUJAPOLLO

Buy Back of Shares 

NGIL

Bonus issue 5:8

YSL

Interim Dividend - Rs. - 175.0000


*Today's Key Results/Board Meetings, 25-feb-21 :*

KSB

Dividend;Quarterly Results

POWERINDIA

General

RAIN

Audited Results

VESUVIUS

Audited Results;Dividend
By: via @AlliesFin Serve Stock Market

Wednesday 24 February 2021

@AlliesFin Serve Stock Market's Post

Just for records

Lows made in Bse in last half hour
Tatasteel 656.55
Jswsteel 371.40
Bajfinance 5022
Bajajfinserve 9263.2
Tataconsumer 564.45
TCS 2701
Reliance 2000
ICICIBank 582
Hdfcbank 1517
Coalindia 131
Lt 1452
Sunpharma 562
Ioc 88

Join @AlliesFin9
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

#nifty high 15524 #alliesfin
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

Auto Square off by brokers on BSE resulted this price actions

# IOC lower crkt

# TATACONSUM lower crkt

# SBI 420 laav

# TCS 2701 low on BSE

# TATASTEEL Lower circuit hitted in BSE

# INDIGO upper ckt on BSE

Illiquid market on bse...
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

NSE TRADING HOURS EXTENDED PRE-OPEN STARTS AT 3.30 PM 3.45 PM NORMAL MARKET WILL START MARKET CLOSE AT 5 PM
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

Market will open at 1pm(Pre-opening) and from 1:15 normal trades will start.
#nse #alliesfin
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

Dear Member,

With Interoperability in place, you can place new orders / square off your existing positions on any exchange in Equity

You can trade / square off your positions at #BSE.

Kindly take a note of above and inform all your Clients about the same.

#alliesfin
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

#BreakingNews | NSEIndia Spokesperson: #NSE has multiple telecom links with two service providers to ensure redundancy, we have received communication from both telecom service providers that there are issues with their links due to which there is an impact o#BreakingNews | NSEIndia Spokesperson: #NSE has multiple telecom links with two service providers to ensure redundancy, we have received communication from both telecom service providers that there are issues with their links due to which there is an impact on NSE sys#NSE has multiple telecom links with two service providers to ensure redundancy, we have received communication from both telecom service providers that there are issues with their links due to which there is an impact on NSE system.
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

Once market will open algo trades will be at huge risk. #nse TC
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

#NSE has intimated that all pending orders will be automatically cancelled, when markets re-open for both EQ & FO segment. Please plan accordingly.
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

#bse working #alliesfin
#nse hv some glitches
NSE F&O AND CASH MARKETS WILL CLOSE AT 11.40 AM REPOENING WILL BE NOTIFIED: NSE #INDIA
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

Economic Times



Business Standard

Ø India's recovery has entered the consolidation phase since January: ICRA

Ø Cutting oil taxes will boost consumption demand, support eco revival: Report

Ø China back as India's top trade partner even as relations sourIndia set to manufacture containers to boost exports

Ø USFDA rules against Sun Pharma Advanced Research Co's appeal regarding cancer drug application

Ø AP choses Liberty Steel India as JV partner for construction of YSR Steel plant in Kadapa

Ø Hindalco outlines debt reduction strategy; board of directors approves amendment in dividend policy



Ø RIL gets Sebi approval to hive off O2C business into independent subsidiary

Ø Sebi to introduce pre-expiry margins to curb negative price scenarios

Ø Tata Consumer to replace Gail India in Nifty 50 effective March 31

Ø Jerome Powell signals Fed to keep buying bonds even as outlook improves

Ø NCLT rejects applications seeking copy of Jet Airways' resolution plan

Ø NTPC inks pact to buy GAIL's 25.1% stake in Ratnagiri Gas and Power

Business Line



Mint

Ø Labour demand and supply to digital platforms increase in India: ILO

Ø Cochin Shipyard to build big dredgers with technology support from IHC Holland

Ø Ashok Leyland claims growing momentum for its digital solutions

Ø Wipro GE Healthcare to invest ₹100 crore under PLI scheme

Ø Marico plans to scale down investments in hygiene products

Ø Indian start-up ecosystem witnesses $106-billion value creation by 44 unicorns



Ø India adds 3.2 GW solar capacity in 2020; lowest in 5 years: Report

Ø Federal Reserve's Jerome Powell pledges low rates until inflation exceeds 2%

Ø India inks $304 mn AIIB loan agreement for Assam power transmission projects

Ø Infosys is one of the world's most ethical companies: Ethisphere Institute

Ø Aurobindo Pharma acquire 26% stake each in 2 solar power firms

Ø Sanofi India board approves special dividend of ₹240 per share

Financial Express



Deccan Chronicle

Ø India’s GDP may turn positive at 1.3 pc in December quarter: Report

Ø Paytm Payments Bank helps 2.6 lakh FASTag users get back wrongly deducted toll charges

Ø Microsoft CEO Satya Nadella bats for global regulation on privacy



Ø Facebook to restore Australia news pages as deal reached on media law

Ø IT sector continues to see sequential growth in hiring in January: Report
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

Market Outlook :
(24 FEB )


US market 16 Points Up
Asian market Negative

SGX NIFTY 70 points Up

Trend on SGXNIFTY indicates a Positive Opening for index.

Market view :

Market would open Positive.

Yesterday we talked about closing as closing is very important on trend reversal.

Bank nifty has given trend reversal closing yesterday and nifty awaiting for closing for trend reversal confirmation.

Market is in negative zone. Yesterday after good opening healthy selling we have seen in stocks and index.

India VIX is trading above 25 , it seems upcoming sessions would be very voletile.



Market would enter into a Positive zone only if it closes above 15050 for Nifty and 36660 for Banknifty.


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

Nifty : Bearish
Banknifty : Bearish

Nifty levels

Today's resistance
14790-14900
Today's support
14690-14600

Bank nifty levels

Today's resistance
35660-35989
Today's support
35100-34640

Market outlook view is just for educational purpose.

Disclaimer Note : all opinions views shared on any social media channels or digital platforms of A1Gurukulam are personal and are for educational and motivational purpose only. Trading and investing involves risk of capital so Kindly consult your financial planner or advisor before taking decision.
If you feel any content is improper or needs any change so kindly
Write us @A1GuruKulamteam
Join us on telegram @A1Gurukulam
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

*Mkt. Updates :*

*SGX Nifty +76 pts (14800) from last trade 14724 ,*

Nikkei -111 pts ,
Hangseng +70 pts ,
Now @6.52am .

Dow +15.66 pts ,Nsdq -67.65 pts, S&P

+4.87 pts, Bovespa +2559 pts , Ftse +13 pts , Dax -85 pts , Cac +12 pts , Crude @ $61.30 brl (-0.13), Brent @ $65.09 brl (-0.15) , Gold @ 1805.70 (-0.20), Silver @ $27.76 (+0.06), Euro @ $1.2151, JPY @ $105.28, INR @ 72.385


*US GOVT. 10-YEAR YIELD : 1.36%*


*Today's Corporate Action, 24th Feb Ex Date :*

SGEC

Interim Dividend - Rs. - 2.0000

KARDA

Interim Dividend - Rs. - 0.0500

NILE

Interim Dividend - Rs. - 1.0000

RACLGEARI

nterim Dividend - Rs. - 1.0000

SANDHAR

Interim Dividend - Rs. - 1.2500

TECHNOE

Interim Dividend - Rs. - 3.0000


*Today's Key Results/Board Meetings, 24-feb-21 :*

AANANDALAK

Quarterly Results

ASYAINFO

Quarterly Results

BIGBLOC

General

CONTPTR

General

HUHTAMAKI

Audited Results;Final DividendI

NDIANVSH

Quarterly Results

Coal India:

The board to meet on March 5 to consider the second interim dividend.


*SEC. IN F&O BAN FOR 24-FEB-2021:*

*1. BHEL 2. PNB*

*ADDITION : PNB*
*DELETION : CANBK, SAIL, IDEA*
By: via @AlliesFin Serve Stock Market

Tuesday 23 February 2021

@AlliesFin Serve Stock Market's Post

*Business Standard :*


Ø  L&T wins power transmission, distribution orders worth up to Rs 5,000 cr

Ø  Liberty Steel signs MoU for hydrogen-based steel making in France

Ø  Rising Sun Energy emerges winner in NTPC auction

Ø  State Bank of India joins JPMorgan's blockchain-based payment network

Ø  Tata Motors to tap JLR synergy for SUVs

Ø  RIL announces O2C biz demerger ahead of Aramco deal

Ø  India, Mauritius ink landmark economic cooperation agreement

Ø  Relief for HDFC Bank as SAT stays Sebi directive on Rs 160 cr transfer

Ø  Alphabet-backed Oscar Health eyes as much as $6.7 bn IPO valuation

Ø  Airtel, L&T and TCS to see huge passive inflows as global indices rejig

Ø  DHFL auditor unearths another fraudulent transaction worth Rs 6,182 cr

Business Line

 

*Mint :*


Ø  SC stays Future Retail-Reliance deal; issues notice to companies

Ø  Four firms in the fray to pick up Blackstone’s stake in Mphasis

Ø  Kinara Capital get $10 mn funding from IndusInd Bank; also 100% guarantee from US Int’l DFC

Ø  Petrol and diesel consumption fall in January as prices shot up

Ø  Snap hits $100-bn market value after doubling in four months

Ø  IPO-bound Zomato raises another $250 million

Ø  Goodyear to buy Cooper Tire for $2.8 billion, nearly doubling China presence

Ø  LVMH's Moet Hennessy buys 50% of Jay-Z’s champagne brand Armand de Brignac

Financial Express

 

*Deccan Chronicle :*


Ø  Input inflation, muted demand drags on earnings growth

Ø  CCI approves stake purchase by Panatone Finvest in Tata Communications Ltd

Ø  China urges US to lift trade restrictions, stop interference

Ø  Pandemic will force 18 million Indians to find a new occupation by 2030: Report
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

*Mkt. Updates :*

*SGX Nifty +90 pts (14733) from last trade 14643 ,*

Nikkei clsd ,
Hangseng -130 pts ,
Now @6.54am .

Dow +27.37 pts ,Nsdq -341.41 pts, S&P

-30.21 pts, Bovespa -5762 pts , Ftse -11 pts , Dax -43 pts , Cac -6 pts , Crude @ $61.49 brl (+0.00), Brent @ $65.80 brl (+2.89) , Gold @ 1810.60 (+2.20), Silver @ $28.34 (+0.25), Euro @ $1.2162, JPY @ $105.00, INR @ 72.475


*US GOVT. 10-YEAR YIELD : 1.37%*


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

ARVINDFASN

Right Issue of Equity Shares 

COCHINSHIP

Interim Dividend - Rs. - 4.0000

IRCON

Interim Dividend - Rs. - 1.3000

NIITLTD

Buy Back of Shares OIL

Interim Dividend - Rs. - 3.5000

PRECWIRE

Interim Dividend - Rs. - 2.0000

SJVN

Interim Dividend - Rs. - 1.8000

TOWERINFRA

Income Distribution (InvIT) 

UNIDT

Interim Dividend - Rs. - 0.9000

ZUARIGLOB

Interim Dividend - Rs. - 1.0000


*Today's Key Results/Board Meetings, 23-feb-21 :*

Venus Remedies: The board will meet on February 23 to consider and approve the issuance of warrants.

Safari Industries (India): The board will meet on February 23 for general purposes.

Uniply Industries: The board will meet on February 23 to consider and approve quarterly results.


*SEC. IN F&O BAN FOR 23-FEB-2021:*

*1. BHEL 2. CANBK 3. IDEA 4. SAIL*


*Today's Alert :*

RBI to Conduct Auction of STATE LOAN for INR 243 Billion
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

The rollout of vaccines and falling COVID-19 case levels also continued to stoke hope for an acceleration in economic activity this year even as the number of U.S. deaths nears a milestone of 500,000.

Rising yields and inflation worries also were seen as underlining worries over a potential hawkish turn by the Federal Reserve, even though the central bank has committed to holding off on policy changes until inflation moves above its 2% target.

The difficulty for equity investors is that the further the Fed gets behind market forecasts both for GDP and rates, the greater the worry over a tantrum,” by market participants over a potential Fed tightening.

The Fed’s deliberate efforts to displace market expectations by overshooting its 2% target should allow for further steepening of the yield curve, while real, or inflation-adjusted, rates remain negative, allowing cyclicals and companies with low variable costs to outperform.

*Fed Chairman Jerome Powell is set to testify before Congress on monetary policy this week. His comments on rates and inflation could determine the market direction for the week.*

*The Conference Board said its leading economic indicators index had increased 0.5 points in January to a reading of 110.3. Economists had expected the index to show a rise of 0.4 points.*

*Treasury yields climbed and a key part of the curve -- the gap between 5- and 30-year yields -- touched the highest level in more than five years. Yields rose in Asia, while European government yields reversed an advance and edged lower.*

The Dow was lead by Discovery Inc, which jumped 8.9% after the media company said it was expecting 12 million global paid streaming subscribers by the end of February, as coronavirus restrictions kept people at home.

On the pandemic front, the White House said that it expects to ship out millions of delayed coronavirus vaccine doses this week after a sweeping winter storm disrupted logistics. Gov. Andrew Cuomo said on Sunday that a New York resident has tested positive for the Covid-19 variant first identified in South Africa.

*Commodities were almost uniformly green. Brent oil climbed above $65 a barrel as Goldman Sachs Group Inc. predicted prices could advance into the $70s in coming months. Copper briefly rose above $9,000 a metric ton for the first time in nine years, taking another step closer to an all-time high set in 2011 as investors bet that supply tightness will increase as the world recovers from the pandemic.*

Volume on U.S. exchanges was 14.38 billion shares, compared with the 16.05 billion average for the full session over the last 20 trading days.

European stocks closed lower on Monday amid cautious trade in global markets.

Developments surrounding the pandemic and vaccine rollout remain in focus. The U.K. on Monday unveiled how it plans to lift lockdown measures gradually in the coming months, as its vaccination rollout maintains its good pace.

*On the data front, Germany’s Ifo Institute business climate index rose in February, with sentiment in Europe’s largest economy improving by more than expected on both current conditions and expectations.*

*On Monday, European Central Bank President Christine Lagarde said in a speech that the central bank is “closely monitoring the evolution of long-term nominal bond yields.” European sovereign bonds yields moved lower in response to her remarks.*
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

*Heranba*: 147 -152
*Railtel*: 12 -13.5

Sensex: 49,744 (-1145) (-2.25%)
Nifty: 14,676 (-306) (-2.04%)
Dow: 31,522: +27: +0.09% :
S&P: 3,877 (-30) (-0.77%)
Nas: 13,533 (-341) (-2.46%) :
Brazil: 112,668 (-5,763) (-4.87%)
Ftse: 6,612 (-12) (-0.18%) .
Dax: 13,950 (-43) (-0.31%)
Cac: 5,767 (-6) (-0.11%)
WTI Oil: $61.49: +3.80%
Brnt: $65.31: +3.82%
Gold: $1,808: +30: +1.70%
Silver: $28.26: +3.52%
Copper: $414.3: +6.55: +1.61%
Eur-$: 1.2156
GBP-$: 1.4060
$-Jpy: 105.08
Re: 72.5013 (-0.21%)
US10yr: 1.37%
GIND10YR: 6.202: +1.14%
$ Index: 90.1120 (-0.28%)
Vix: 23.45: +6.35%
BalticDry: 1,698 (-72) (-4.07%)

*ADR/GDR :*

Cogni (-0.53%)
Infy (-1.84%)
Wit (-1.83%)
IciciBk (-2.53%)
HdfcBk (-3.16%)
DrRdy (-3.37%)
TataMot (-2.19%)
Vedanta: +5.62%
TatSt: +1.31%
Axis (-4.62%)
SBI (-2.90%)
RIGD (-3.80%)
INDA (-1.90%) (IShares MSCI INDIA ETF)
INDY (-1.72%) (IShares MSCI INDIA 50 ETF)
EPI (-1.36%) (Wisdom Tree India Earning)
PIN (-2.11%) (Invesco India Etf)

*The S&P 500 and Nasdaq closed lower on Monday as climbing Treasury yields and prospects of rising inflation triggered valuation concerns, hitting shares of high-flying growth companies. S&P 500 books fifth straight loss (its longest such streak in a year), Nasdaq sinks 2.5% as elevated bond yields weigh on tech shares. The Dow Jones Industrials benchmark eked out modest gains, amid worries that rising bond yields could render equities too expensive. The Dow Jones Industrial Average reversed a 200-point loss to close 27.37 points higher. The last time the Dow ended higher, while the Nasdaq fell more than 2.4% was May 29, 2001. U.S. benchmark 10-year Treasury yields were up at 1.363%. Since the beginning of February, 10-year yields have risen about 26 basis points, on track for their largest monthly gain in three years. Gains for energy shares and financial companies limited losses on the Dow Jones Industrial Average*

Long-term Treasury yields were on the climb again Monday, after last week notching their biggest rise in six weeks, sapping some enthusiasm of the stock-market bulls.

*The Treasury yields are up, but a point to be noted that junk bond yields hit all-time lows last week, suggesting there has been a shift from the safety of Treasuries to the riskiness of corporates among investors. That’s bullish for stocks. Many on Wall Street still believe that the jump in bond yields reflects a sign of growing confidence in the economic recovery and stocks should be able to absorb higher rates amid strong earnings. Given that we are in the early stages of an economic recovery, monetary and fiscal policy remains supportive, the sharp rebound in earnings, and favorable relative valuations, we maintain our overweight to equities.*

*Higher “risk-free” yields can make it difficult to justify high valuations for equities, as it reduces the value of their future profits to investors. In a backdrop of rising rates and faster economic growth, technology companies with rapidly increasing earnings become less attractive to investors.*

Definitely, yields are the big thing, and investors also have been worried in recent weeks about the threat of “a big spike” in inflation..

Yields have been boosted by expectations that aggressive rounds of fiscal spending on top of extraordinary loose monetary policy by the Federal Reserve will stoke near-term inflationary pressures.

The bond market appears to be pricing in strong economic data and GDP gains ahead, driven by increased consumer and business activity, and further pushed by more expected government stimulus.

The recent weakness in tech, while so-called cyclical stocks benefited, underscored more of a reflection of pent-up expectations for a reopening of the economy.

Congress is expected to pass another round of aid spending set to come in near President Joe Biden’s $1.9 trillion package. Investors also were penciling in the possibility of a large, long-term round of infrastructure spending.
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Monday 22 February 2021

@AlliesFin Serve Stock Market's Post

22/2/2021
BSE:-1145(49744)
NSE:-306(14675)
MID:-269(19766)
SML:-201(19661)
FII|FPI:-893Cr
DII:-919Cr
B.Crude: 63
Gold$:1796=INR:46555
Silver: 69338
$/Rs: 72.50
5.77 : 2030 G-Sec: 6.22
NSE PE: 40.05
Join @AlliesFin9
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@AlliesFin Serve Stock Market's Post

#nifty entering possible support zone after 600 points of correction from recent top 15431.
support area 14700 to 14800.
small bounce possible.
https://invst.ly/tww2n
@a1gurukulam
fresh bull zone abv 15300 only.
view for educational purpose only.
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@AlliesFin Serve Stock Market's Post

Economic Times
 
Business Standard
Ø  Iraq decides to freeze oil prepayments deal as oil prices rising
Ø  Government may consider Oriental Insurance or United India for privatisation
Ø  India-UK bilateral relations to touch new high post Covid: Report
Ø  CPSE strategic sale: Govt makes security clearance mandatory for all bidders
Ø  Maruti looking to cash in on increased demand for CNG vehicles
Ø  Muthoot Homefin plans to disburse Rs 700 cr home loans in FY22
 
Ø  Global IoT semiconductor component market to hit $80 bn in 2025
Ø  India set to have 150 unicorns, $1 bn startup funding deals: Experts
Ø  Cairn says it is looking for mutually 'acceptable' solution to tax dispute
Ø  Marico expects mid-teen volume growth in next couple of quarters
Ø  448 infra projects report cost overrun of Rs 4.02 trn; 539 behind schedule
Ø  India's smartphone market set to cross Rs 2-trillion mark in 2021: IDC
Business Line
 
Mint
Ø  Torrent Power highest bidder to buy 51% in Dadra & Nagar Haveli and Daman & Diu discoms
Ø  Fairfax’s Prem Watsa cast eyes wider on India infrastructure
Ø  MNCs keen on IOC tech for converting CO2 into Omega-3 fatty acids and lipids
Ø  Vodafone Idea loses 5.7 million customers in December
 
Ø  Jalan-Kalrock consortium plans to keep Jet listed, brand unchanged
Ø  India inks $50 mn line of credit to strengthen Maldives maritime capabilities
Ø  Baba Ramdev's Patanjali issues clarification for Coronil after WHO's remarks
Ø  Foreign portfolio investors invest ₹24,965 crore in February so far
Financial Express
 
Deccan Chronicle
Ø  Sudan floats currency, part of measures to overhaul economy
Ø  GeM portal expects procurement of over Rs 1 lakh cr in FY22: CEO
Ø  NTPC commissions 5 MW solar capacity at Auraiya plant in UP
 
Ø  Pandemic will force 18 million Indians to find a new occupation by 2030: Report
Ø  15 Chinese biggies among portfolio investors
#NIFTY50
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@AlliesFin Serve Stock Market's Post

Market Outlook :
(22 FEB )


US market 1 Points Up
Asian market Positive

SGX NIFTY 45 points Down

Trend on SGXNIFTY indicates a Negative Opening for index.

Market view :

Market would open Negative.

Nifty and Banknifty are nearer to its ultimate bull run support.

Below it it will end up this bull run for sometime.Then we will see stock specific movement in different sectors.

There is contra trade with small stop loss for buy side.check it out intraday level for view.


Market would enter into a Negative zone only if it closes above 14900 for Nifty and 35400 for Banknifty.


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

Nifty : Bullish
Banknifty : Bullish

Nifty levels

Today's resistance
15045-15205
Today's support
14940-14900

Bank nifty levels

Today's resistance
36150-36660
Today's support
35500-34900

Market outlook view is just for educational purpose.

Disclaimer Note : all opinions views shared on any social media channels or digital platforms of A1Gurukulam are personal and are for educational and motivational purpose only. Trading and investing involves risk of capital so Kindly consult your financial planner or advisor before taking decision.
If you feel any content is improper or needs any change so kindly
Write us @A1GuruKulamteam
Join us on telegram @A1Gurukulam
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Friday 19 February 2021

@AlliesFin Serve Stock Market's Post

19/2/2021
#BSE:-434(50889)
#NSE:-137(14981)
#MID:-340(20035)
#Small:-153(19863)
#FII|FPI:+118Cr
#DII:-1174Cr
B.Crude: 62
#Gold$:1771=INR:45975
#Silver: 68301
$/Rs: N.A.
5.77 : 2030 G-Sec: N.A.
#NSE #PE: 40.87
Join @AlliesFin9
#alliesfin
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

#nifty from 15300 to 14900 till now,
profit booking was as per technicals,
full details with charts on
https://t.me/AlliesFin/9924
#alliesfin
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@AlliesFin Serve Stock Market's Post

*Business Standard :*


Ø RBI issues draft guidelines for CDS, derivative contracts

Ø Oxford Economics ups India growth forecast to 10.2% for 2021

Ø Reserve Bank of India issues directions for housing finance companies

Ø India has one of the world’s most engaged and resilient workforces: Survey

Ø US private equity fund buys major stake in Accolite Digital

Ø India recorded $1422 mn FDI inflow from UK in 2019-20: Grant Thornton report

Ø Cabinet approves economic cooperation pact between India, Mauritius

Ø Sebi eases listing rules for large IPOs, paving way for LIC's mega float

Ø Sri Lanka to re-acquire 99 oil tanks leased to Indian Oil Corp: Minister

Ø Govt approves over Rs 12000 cr manufacturing push for telecom equipment

Ø India emerges as Asia's biggest destination for fintech deals

Ø Pfizer's Covid-19 vaccine supply to the EU 30% below plans: Report

Business Line



*Mint :*


Ø Oil PSUs spent ₹34,000 crore on BS-VI upgrade: Pradhan

Ø JSW Energy to invest ₹11,000 cr in fresh capacity of 1,800 MW

Ø FinMin unearths more than 9,000 fake GSTIN

Ø CITU workers lay siege to BEML Palakkad unit against disinvestment

Ø Amara Raja Batteries announces ₹500-cr capex plan

Ø Dr Reddy’s Labs launches Capecitabine tablets in US market

Ø Adar Poonawalla group firm makes open offer to buy 26% stake in Magma Fincorp

Ø RailTel Corp IPO subscribed 6.65 times on Day 2

Ø JLR unveils strategy to boost parent Tata Motors' valuation

Ø Foreign forex trading platforms are illegal in India

Ø Airtel to acquire 20% stake in Bharti Telemedia from Warburg Pincus

Ø Dish TV India to raise up to Rs1,000 crore

Financial Express



*Deccan Chronicle :*


Ø India to be among fastest growing emerging economies in FY22, rating hinges on deficit, debt

Ø Non-food credit growth slips below 6%: RBI data

Ø Govt to infuse Rs 1,500 cr into Exim Bank next fiscal

Ø Airtel sets up special panel to rejig company’s structure

Ø Amazon to make Fire TV sticks in India

Ø Tata Electronics to set up component-making plant in TN

Ø Job prospects look up for freshers: Survey
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

*Mkt. Updates :*

*SGX Nifty +54 pts (15245) from last trade 15191 ,*

Nikkei +72 pts ,
Hangseng +98 pts ,
Now @6.52am .

Dow +90.27 pts ,Nsdq -82.00 pts, S&P

-1.26 pts, Bovespa +927 pts , Ftse -37 pts , Dax -155 pts , Cac -20 pts , Crude @ $61.57 brl (+0.45), Brent @ $64.89 brl (+1.54) , Gold @ 1775.40 (+2.39), Silver @ $27.445 (+0.13), Euro @ $1.2043, JPY @ $105.87, INR @ 72.815


*US GOVT. 10-YEAR YIELD : 1.27%*


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

MANINFRA

Interim Dividend - Rs. - 0.9000

CENTUM

Interim Dividend - Rs. - 2.0000

CLNINDIA

Interim Dividend - Rs. - 50.0000

EMBASSY

Income Distribution RITES 

JBCHEPHARM

Interim Dividend - Rs. - 8.5000

MGL

Interim Dividend - Rs. - 9.0000

SACHEMT

E.G.M.

SEAMECLTD

Interim Dividend - Rs. - 1.0000

SUPRAJIT

Buy Back of Shares

SUPRAJIT

Interim Dividend - Rs. - 0.7500

VISHAL

Interim Dividend - Rs. - 0.5000


*Today's Key Results/Board Meetings , 18-feb-21 :*

AMBUJACEM

Final Dividend;Audited Results

ENKEIWHEL

Audited Results

GARWARPOLY

General

GCCLINP

Amalgamation

INDINFO

General

RCRL

Audited Results;Half Yearly Results

ROLLT

Quarterly Results


*SEC. IN BAN FOR 18-FEB-2021:*

*1. SAIL 2. PNB 3. IDEA*

*ADDITION : PNB, Idea*
*DELETION : NIL*


*Today's Alert :*

RBI to Conduct Auction of GOI LOAN for INR 310 Billion
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Thursday 18 February 2021

@AlliesFin Serve Stock Market's Post

18/2/2021
BSE:-379(51324)
NSE:-89(15118)
MID:+139(20236)
SML:+133(20016)
FII|FPI:+903Cr
DII:-1217Cr
B.Crude: 64
Gold$:1784=INR:46313
Silver: 68749
$/Rs: 72.65
5.77 : 2030 G-Sec: 6.13
NSE PE: 41.26
Join @AlliesFin
By: via @AlliesFin Serve Stock Market

Wednesday 17 February 2021

@AlliesFin Serve Stock Market's Post

U.S. Bond Yields Touch One-Year High; Stocks Mixed: Markets Wrap

U.S. bond yields surged to the highest in a year, while American stocks climbed to records as optimism over the economic recovery continued to ripple through markets.

The yield on the benchmark 10-year Treasury note increased as much as nine basis points to 1.30%, the highest since February 2020. Global bonds extended the worst start to a year since 2013.

The S&P 500, Nasdaq Composite and Dow Jones Industrial Average indexes all set records Tuesday, before easing from the highs. The MSCI benchmark for emerging and developed market stocks snapped an 11 session winning streak.

The reflation trade is powering assets tied to economic growth and price pressure, including commodities and cyclical stocks. At the same time, investors are riding a wave of speculative euphoria from penny stocks to Bitcoin amid abundant policy support.

“We certainly have data that suggests that being more glass half full than glass half empty remains the right posture,” said Eric Freedman, chief investment officer at U.S. Bank Wealth Management. “People are looking at parts of the world as well as sectors that have been underperforming and saying ‘hey this is maybe the next part of the market that heads higher.’”

*Here’s a look at how it’s playing out in global markets :*

*Stocks :*

The S&P 500 fell less than 0.1% as of 4:01 p.m. in New York. It has added 4.7% so far in 2021. The Russell 2000, which has surged 15% this year, edged lower.

In Japan, the Nikkei 225 Stock Average extended its advance past the 30,000 level. European markets were mostly little changed after a rally on Monday.

*Commodities :*

Brent oil is holding near a 13-month high after freezing temperatures crippled the Texas power system and disrupted crude production. Nearly 5 million people across the U.S were plunged into darkness as homes and businesses lost power. Natural gas futures for March delivery surged as much as 10%.

In metals, copper climbed to the highest since 2012 and tin extended a dramatic surge. Citigroup Inc. forecasts copper prices will rally to $10,000 a ton in six to 12 months on a better-than-expected recovery in demand, most notably outside China.

U.S. Energy Crisis Deepens With Nearly 5 Million in the Dark

*Bonds :*

Global debt markets are extending a selloff as investors shift money to riskier assets.

German bunds and U.K. gilts both saw benchmark yields rise.

The Treasury 30-year equivalent pushed above 2%.

*Currencies :*

The dollar strengthened against most of its major peers. The pound edged higher to $1.3911.

Bitcoin crossed a new milestone, surpassing $50,000 as the blistering rally continues to captivate investors. Tesla Inc.’s announcement that it added $1.5 billion in Bitcoin to its balance sheet was the most visible recent catalyst. Companies such as Mastercard Inc. and Bank of New York Mellon Corp. have also moved to make it easier for customers to use cryptocurrencies.
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@AlliesFin Serve Stock Market's Post

Economic Times



Business Standard

Ø India's Q3 GDP growth at "mild and uneven" 0.7%: ICRA

Ø NBFCs' stressed assets may touch Rs 1.5-1.8 lakh crore by March-end: Report

Ø Nestle’s e-commerce sales surge to more than double over last year

Ø Govt could raise Rs 28,600 crore if it fully exits Bank of India & IOB: CARE Ratings

Ø Denmark plans to explore setting up of wind energy hubs in India

Ø FMCG industry grows 7.3% in Oct-Dec, rural sales up 14.2%: Nielsen



Ø Govt set to clear new Chinese investment proposals in coming weeks: Report

Ø Tatas to buy 68% in BigBasket for Rs 9,500 cr, deal likely in 4-5 weeks

Ø Sitharaman addresses RBI board, explains priorities of government

Ø Credit default swaps to be reported in 30 minutes with deal intent: RBI

Ø ICICI to buy over 9% stake in fintech startup Thillais Analytical Solutions

Ø Ashok Leyland picks 26% stake in Prathama Solarconnect for Rs 19 cr

Business Line



Mint

Ø RBI board reviews current economic situation

Ø India’s exports to US decline 11.3% in 2020, register record growth in December

Ø Adani Ports, JM Baxi Group co among firms to submit bids for building stations

Ø Oil PSUs spent ₹34,000 crore on BS-VI upgrade: Pradhan

Ø IRFC open to fund extended network of ‘bullet train’

Ø Adani Ports completes acquisition of Dighi Port for ₹650 crore



Ø Cairn Energy files case in US to push India to pay $1.2 billion award

Ø L&T Finance’s ₹3,000 cr rights issue oversubscribed

Ø Bitcoin races past $50,000 as crypto asset goes mainstream

Ø RailTel IPO subscribed 2.6 times on Day-1 led by retail investors

Ø Nureca IPO subscribed 14.77 times on second day

Ø Gibraltar Technologies buys HCL Infotech for ₹147 crore

Financial Express



Deccan Chronicle

Ø January exports growth hits 22-month high: Commerce ministry data

Ø RBI permits residents to make remittances to IFSCs under LRS

Ø Infosys McCamish acquires platform from STEP Solutions



Ø Chinese investor in Koo's parent firm on way out

Ø Amazon to make Fire TV sticks in India

Ø Tata Electronics to set up component-making plant in TN

Ø Govt to bring amendments to two Acts to enable privatisation of PSU banks
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Tuesday 16 February 2021

@AlliesFin Serve Stock Market's Post

16/2/2021
BSE:-49(52104)
NSE:-1(15313)
MID:+38(20228)
SML:+84(19778)
FII|FPI:+1144Cr
DII:-1559Cr
B.Crude: 63
Gold$:1817=INR:47299
Silver: 70180
$/Rs: 72.68
5.77 : 2030 G-Sec: 6.09
NSE PE: 41.78
Join @AlliesFin
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

Economic Times



Business Standard

Ø India's exports rise 6.16 pc in January; trade deficit narrows to USD 14.54 bn

Ø States' fiscal deficit to narrow to 4.3 percent of GDP in FY22, says India Ratings Report

Ø RBI sets up panel to suggest steps for strengthening, consolidating urban co-operative banks

Ø Cairn Oil & Gas seeks bids for gas from Rajasthan block

Ø India shifts oil imports from Middle East to Africa, North America due to OPEC cuts

Ø CIL's overall expenditure drops to Rs 54,241 crore in Apr-Dec 2020 period



Ø Govt to set up intelligence unit to tackle pesky calls, financial frauds

Ø Govt shortlists four mid-sized state-run banks for privatisation: Report

Ø IT sector to grow by 2% to $194 bn, add 138,000 employees in FY21: Nasscom

Ø Byju's set to acquire edtech rival Toppr for $150 million: Report

Ø JLR's $3.5 bn plan to take all Jaguars, 60% Land Rovers electric by 2030

Ø Oil and gas giant ONGC to scale up KG basin gas output this year

Business Line



Mint

Ø WPI inflation rises to 2.03% in January

Ø States’ fiscal deficit to moderate to 4.3% of GDP in FY22: India Ratings & Research

Ø Future Retail to defend petition filed by Amazon in Supreme Court

Ø Medanta to get ₹100 crore from ADB

Ø Garware Technical Fibres Q3 net profit rises 49% to ₹43.2 cr

Ø Srei reports loss of ₹3,810 crore in Q3



Ø Bank credit grows by 5.93%, deposits by 11.06%

Ø International experts to participate in SEBI-NISM Research Conference

Ø SBI MF to sell off Franklin assets through segregated platform

Ø Wipro signs 5-year partnership with Telefónica Germany / O2

Ø Amazon had asked for $40 mn as compensation for RIL deal: Future Group

Financial Express



Deccan Chronicle

Ø Singapore’s GDP shows signs of recovery, to grow by 4-6 per cent in 2021

Ø Japan extends economic recovery as exports, capex shake off COVID hit

Ø Nirmala Sitharaman to address post-Budget RBI board meet on Tuesday



Ø US car giant Tesla to set up manufacturing unit in Karnataka: CM

Ø Global trade recovers in December quarter
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

*Mkt. Updates :*

*SGX Nifty +2 pts (15351) from last trade 15349 ,*

Nikkei +405 pts ,
Hangseng +502 pts ,
Now @6.56am .

US Mkt Clsd, Bovespa Clsd , Ftse +166 pts , Dax +59 pts , Cac +82 pts , Crude @ $60.15 brl (+0.68), Brent @ $63.33 brl (+0.90) , Gold @ 1818.50 (-4.79), Silver @ $27.66 (+0.33), Euro @ $1.213, JPY @ $105.38, INR @ 72.625

*US GOVT. 10-YEAR YIELD : 1.24%*

*Today's Corporate Action, 16th Feb Ex Date :*

ACRYSIL

Interim Dividend - Rs. - 0.8000

GPTINFRA

Interim Dividend - Rs. - 1.5000

GULFOILLUB

Interim Dividend - Rs. - 7.0000

NILKAMAL

Interim Dividend - Rs. - 5.0000

SISL

Interim Dividend - Rs. - 1.0000

TCIEXP

Interim Dividend - Rs. - 2.0000

TORNTPOWER

Interim Dividend - Rs. - 5.5000


*Today's Key Results/Board Meetings, 16-feb-21 :*

ADVENT

Quarterly Results

GMPL

Interim Dividend;Quarterly Results;General

GODREJPROP

General

NESTLEIND

Final Dividend;Audited Results

NGIL

Bonus issue;General

RSYSTEMINT

Audited Results;General

SCHAEFFLER

Audited Results;Dividend

SRIND

General

TOWERINFRA

General

VBL

Audited Results


*SEC. IN F&O BAN FOR 16-FEB-2021:*

*1 BHEL 2 SAIL*

*ADDITION : NIL*
*DELETION : NIL*


*Today's Alert :*

RBI to Conduct Auction of STATE LOAN for INR 180 Billion
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Friday 12 February 2021

@AlliesFin Serve Stock Market's Post

12/2/2021
BSE:+12(51544)
NSE:-10(15163)
MID:+12(19911)
SML:-3(19622)
FII|FPI:-37Cr
DII:-597Cr
B.Crude: 60
Gold$:1816=INR:47260
Silver: 68665
$/Rs: 72.75
5.77 : 2030 G-Sec: 6.05
NSE PE: 41.58
Join @AlliesFin
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

*Mkt. Updates :*

*SGX Nifty -15 pts (15180) from last trade 15195 ,*

Nikkei -105 pts ,
Hangseng clsd ,
Now @6.52am .

Dow -7.10 pts ,Nsdq +53.24 pts, S&P

+6.50 pts, Bovespa +864 pts , Ftse +4 pts , Dax +107 pts , Cac -0.98 pts , Crude @ $57.82 brl (-0.42), Brent @ $61.14 brl (+0.00) , Gold @ 1824.30 (-2.50), Silver @ $26.96 (-0.09), Euro @ $1.1219, JPY @ $104.76, INR @ 72.725


*US GOVT. 10-YEAR YIELD : 1.16%*


*Today's Corporate Action, 12th Feb Ex Date :*

ALKYLAMINE

Interim Dividend - Rs. - 10.0000

BASML

Stock  Split From Rs.10/- to Rs.5/-

CANTABIL

Interim Dividend - Rs. - 1.0000

SAURASHCEM

Interim Dividend - Rs. - 1.0000


*Today's Key Results/Board Meetings, 12-feb-21 :*

Grasim Industries, Bharat Forge, Glenmark Pharmaceuticals, Advanced Enzyme Technologies, Anant Raj, Apollo Micro Systems, Apollo Hospitals Enterprise, Bharat Dynamics, Cochin Shipyard, Dilip Buildcon, Delta Corp, Embassy Office Parks REIT, Force Motors, GE T&D India, GIC Housing Finance, GMR Infrastructure, Godrej Industries, Hindustan Aeronautics, Indiabulls Housing Finance, Inox Wind, ITI, Lux Industries, Mazagon Dock Shipbuilders, Mishra Dhatu Nigam, MOIL, Motherson Sumi Systems, Nagarjuna Fertilizers, NALCO, The New India Assurance Company, PC Jeweller, PTC India, Siemens, Sobha, Sterling and Wilson Solar, Voltas and Zuari Agro Chemicals are among 953 companies to announce their quarterly earnings on February 12.


*SEC. IN F&O BAN FOR 12-FEB-2021:*

*1. BHEL 2 SAIL*

*ADDITION - NIL*
*DELETION - SUNTV*


*Today's Alert :*

RBI to Conduct Auction of GOI LOAN for INR 260 Billion
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@AlliesFin Serve Stock Market's Post

Economic Times
 Ø  Targeting to conclude BPCL strategic sale by June: DIPAM Secretary
Ø  Larsen & Toubro wins metro contract in Mauritius
Ø  Government to spin-off NDR into separate co to boost oil, gas exploration
Ø  Government seeks Parliament nod for additional gross expenditure of Rs 6.28 lakh crore
Ø  BFSI has among the best risk management practices: ICICI Lombard
Ø  Gems, jewellery exports dip 7.8 pc to USD 2.7 billion in January: GJEPC
Ø  ITC consolidated net profit declines 11.4% to Rs 3,587 crore in Dec quarter
Ø  Data traffic in India increased 60 times in 5 years, says Nokia report
Ø  Karur Vysya Bank Q3 profit up 133% at Rs 35 cr, net NPA down at 2.55%
Ø  Sebi allows Thomas Cook to withdraw buyback offer, cites Covid impact
Ø  Sebi examines feasibility to introduce freight derivatives contracts
Ø  Oil India reports higher Q3 profit over significant tax reversal
 
Mint
Ø  Passenger vehicle sales in January grow 11% YoY to 2,76,554 units
Ø  Finance Bill fineprint can squeeze firms’ working capital
Ø  Economic recovery allaying fears over banks’ asset quality: Moody’s
Ø  ACC net up 73% in Dec quarter on tax write-back
Ø  MRF’s Q3 profit more than doubles to ₹512 cr
Ø  Ashok Leyland posts ₹19-cr loss in Q3 on VRS cost
Ø  Grofers mulls indirect listing in US via SPAC route
Ø  Govt paves way to allow FPIs to debt finance REITs, InvITs
Ø  Piramal Enterprises Q3 profit up 10% at ₹799 crore
Ø  Yield on 10 year G-sec falls back to below 6%
Ø  Ashok Leyland reports net loss of ₹19.4 cr in Q3FY21
Ø  EU rebuffs UK call to reset their post-Brexit relationship
Ø  Sun Pharma settles whistle-blower complaints, to pay ₹ 2.36 crore

Financial Express
Ø  Malaysia’s economy posts biggest annual decline since 1998 crisis
Ø  Growth prospects to drive India’s rating: Fitch
Ø  Petrol, diesel prices at fresh highs as rates up for 2nd straight day
Ø  Amazon moves Supreme Court in Future-Reliance deal dispu
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Thursday 11 February 2021

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11/2/2021
BSE:+222(51531)
NSE:+66(15173)
MID:+88(19898)
SML:+205(19626)
FII|FPI:+944Cr
DII:-707Cr
B.Crude: 60
Gold$:1842=INR:47995
Silver: 68960
$/Rs: 72.85
5.77 : 2030 G-Sec: 6.01
NSE PE: 41.65
Join @AlliesFin
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Bulk Deal & Insider Trade Update
Bulk deal
*Majesco Limited : Kia Capital Sell 250000 Shares @ Rs. 59.2

*Majesco Limited : New World Capital Sell 250000 Shares @ Rs. 59.2


Insider Trade
Acquisition
*Balram Garg Promoter & Director Acquisition 70330000 shares of Pc Jeweller Ltd. on 04-Feb-21

Disposal
*JAYA CHANDRAKANT GOGRI Promoter Group Disposal 40000 shares of Aarti Industries Ltd. on 09-Feb-21

Pledge
*JSW Investments Private Limited Promoter Group Pledge 7143000 shares of Jsw Energy Ltd on 05-Feb-21

*Indusglobe Multiventures Private Limited Promoter Group Pledge 7143000 shares of Jsw Energy Ltd on 08-Feb-21

Revoke
*Gautam S. Adani / Rajesh S. Adani on behalf of S.B. Adani Family Trust Promoter Group Revoke 10720000 shares of Adani Enterprises Ltd.

*Gautam S. Adani & Rajesh S. Adani [on behalf of S. B. Adani Family Trust] Promoter Group Revoke 4150000 shares of Adani Ports And Special Economic Zone Ltd. on 09-Feb-21

*Adani Tradeline LLP Promoter Group Revoke 1475000 shares of Adani Ports And Special Economic Zone Ltd. on 09-Feb-21

Dividend Update
*Alkem Laboratories Ltd. Interim Dividend Rs. 25 Ex Date 11-Feb-2021
*Apcotex Industries Ltd. Interim Dividend Rs. 1.5 Ex Date 11-Feb-2021
*Bajaj Consumer Care Ltd. Interim Dividend Rs. 6 Ex Date 11-Feb-2021
*Balrampur Chini Mills Ltd. Interim Dividend Rs. 2.5 Ex Date 11-Feb-2021
*BLS International Services Ltd. Interim Dividend Rs. 0.25 Ex Date 11-Feb-2021
*Carborundum Universal Ltd. Interim Dividend Rs. 1.5 Ex Date 11-Feb-2021
*Control Print Ltd. Interim Dividend Rs. 4 Ex Date 11-Feb-2021
*Dhampur Sugar Mills Ltd. Interim Dividend Rs. 6 Ex Date 11-Feb-2021
*Equitas Holdings Ltd. Interim Dividend Rs. 2 Ex Date 11-Feb-2021
*Gillette India Ltd. Interim Dividend Rs. 33 Ex Date 11-Feb-2021
*HIL Ltd. Interim Dividend Rs. 15 Ex Date 11-Feb-2021
*Indo Amines Ltd. Interim Dividend Rs. 0.5 Ex Date 11-Feb-2021
*Modison Metals Ltd. Interim Dividend Rs. 1.5 Ex Date 11-Feb-2021
*NTPC Ltd. Interim Dividend Rs. 3 Ex Date 11-Feb-2021
*PI Industries Ltd. Interim Dividend Rs. 3 Ex Date 11-Feb-2021
*PNB Gilts Ltd. Interim Dividend Rs. 4 Ex Date 11-Feb-2021
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pranam,
keep this levels in mind before aggressive buying in markets.
https://t.me/AlliesFin/9924
better to buy costly rather then to sell cheap..
#alliesfin #nifty #supports #resistances
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Economic Times

 

Business Standard

Ø  SBI looking to double home loan portfolio to Rs 10 lakh crore in next five years: Chairman

Ø  JSW Group set to enter the e-commerce market by scaling up its JSW One initiative

Ø  Indian engineering exports increase by 18.69 per cent during January 2021

Ø  Insurance industry's underwriting losses increase by 6.2% in FY20, up to Rs 23,720 crore

Ø  Adar Poonawalla to own Magma FinCorp via equity infusion

Ø  Challenges remain in India but signs of recovery in away-from-home segment: Coca-Cola

 

Ø  RBI's intervention drives down 10-year bond yields to 6% level

Ø  JSW crude steel output increases 2% to 14.32 LT in January

Ø  India grants UAE investment licence with easier norms on compliance

Ø  Govt to sell 20% in National Fertilizers, could rake in Rs 410 cr at CMP

Ø  Sebi fines NSE and two former CEOs in co-location case, drops fraud charges

Ø  Sebi plans framework to compensate investors for technical glitches

Business Line

 

Mint

Ø  Govt set to extend Shipping Corporation’s EoI to March 1

Ø  GAIL’s Q3 consolidated net slides 6.5%

Ø  Jet Airways: NCLT verdict on sharing resolution plan with employees on Feb 22

Ø  Strong demand puts KIOCL back in black; Q3 PAT at ₹64 crore

Ø  Hindalco plans to invest ₹3,000 cr in downstream projects

Ø  ₹3,456-crore deal: Adar Poonawalla-backed firm to pick 60% stake in Magma Fincorp

 

Ø  Aurobindo Pharma Q3 result: Net profit zooms over 4-fold to ₹2,946.32 cr

Ø  NPCI admits to 'teething issues' that caused technical glitches for MF investors

Ø  Gold ETFs see 45% surge in inflows in January

Ø  Rites Q3 result: Net profit falls 30% at ₹105 crore

Ø  RBI restricts withdrawals from Independence Co-operative Bank, Nashik

Ø  Titan Q3 result: Net profit up 12% at ₹530 crore

Financial Express

 

Deccan Chronicle

Ø  High fiscal deficit to pose challenge in lowering India’s debt/GDP ratio: Fitch

Ø  PNB inks deal with Indian Oil to provide up to Rs 2 crore loan to dealers

Ø  SpiceJet posts standalone loss of Rs 57 cr in December-quarter

 

Ø  Petrol, diesel prices at fresh highs as rates up for 2nd straight day

Ø  Seeing positive signs, but Indian aviation sector still in eye of storm: Airbus India
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*Market Updates :*

SGX Nifty -72 pts Sgx Nifty 15089 (15161 Nifty Fut Clsd)

Dow -61.97 pts ,Nsdq -35.16 pts, S&P -1.35 pts, Bovespa -1036 pts , Ftse -7 pts , Dax -78 pts , Cac -20 pts , Nikkei Clsd  ,Crude @ $58.33 brl (-0.34), Brent @ $61.10 brl (+0.01) , Gold @ 1843.60 (+0.90), Silver @ $27.10 (+0.02), Euro @ $1.2116, JPY @ $104.62, INR @ 72.78


*US GOVT. 10-YEAR YIELD : 1.14%*


*Today's Key Results/Board Meetings, 11-feb-21 :*

ITC, Coal India, Power Grid Corporation, ACC, Ashok Leyland, Ashapura Minechem, Atul Auto, Bajaj Hindusthan Sugar, Bayer Cropscience, Bosch, Capacite Infraprojects, CRISIL, General Insurance Corporation of India, Gujarat Pipavav Port, Graphite India, HUDCO, Infibeam Avenues, ITDC, ITD Cementation, Jaypee Infratech, KNR Constructions, MRF, Natco Pharma, NCC, NHPC, Oil India, Petronet LNG, Power Finance Corporation, Prestige Estates Projects, Spencers Retail, VA Tech Wabag and Zee Media Corporation are among 442 companies to announce their quarterly earnings on February 11.


*SEC. IN F&O BAN FOR 11-FEB-2021:*

*1. BHEL 2. SUNTV 3. SAIL*

*ADDITION - SAIL*
*DELETION - NIL*

*Today's Alert :*

RBI to Conduct Auction of GOI for INR 220 Billion
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Wednesday 10 February 2021

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https://invst.ly/trsrn

#nifty #chart
#trendline
#alliesfin
Update for educational purpose only.
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10/2/2021
BSE:-19(51309)
NSE:-2(15106)
MID:+140(19810)
SML:+81(19420)
FII|FPI:+1786Cr
DII:-2075Cr
B.Crude: 61
Gold$:1840=INR:47950
Silver: 69215
$/Rs: 72.84
5.77 : 2030 G-Sec: 6.03
NSE PE: 41.81
Join @AlliesFin
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@a1gurukulamteam

Kenyan runner Abel Mutai was only a few meters from the finish line, but got confused with the signs and stopped, thinking he had finished the race. A Spanish man, Ivan Fernandez, was right behind him and, realizing what was going on, started shouting to the Kenyan to keep running. Mutai did not know Spanish and did not understand.

Realizing what was going on, Fernandez pushed Mutai to victory. A reporter asked Ivan, "Why did you do this?" Ivan replied, "My dream is that one day we can have some sort of community life where we push ourselves and help each other win." The reporter insisted "But why did you let the Kenyan win?" Ivan replied, "I didn't let him win, he was going to win. The race was his."

The reporter insisted and asked again, "But you could have won!" Ivan looked at him and replied: "But what would be the merit of my victory? What would be the honor of this medal? What would my Mother think of it?" The values are transmitted from generation to generation. What values do we teach our children and how much do you inspire others to earn? Most of us take advantage of people's weaknesses instead of helping to strengthen them.

@a1gurukulam
Let's promote positive values
Join our Intraday Mentoring session on Sunday.
Lets help people Learn Earn Grow Evolve

Upcoming Session
14 Feb 2021
Sunday 11 am onwards.

Share this link
https://t.me/A1GuruKulam/3199
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Tuesday 9 February 2021

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@AlliesFin
9/2/2021
BSE:-19(51329)
NSE:-6(15109)
MID:-35(19669)
SML:-49(19338)
FII|FPI:+1300Cr
DII:-1756Cr
B.Crude: 60
Gold$:1843=INR:48127
Silver: 70400
$/Rs: 72.89
5.77 : 2030 G-Sec: 6.11
NSE PE: 41.97
Join @AlliesFin
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Monday 8 February 2021

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BREAKING: #Tesla invests $1.5 billion in #Bitcoin and expects to start accepting the #cryptocurrency as payment.
#alliesfin
#Blockchain begins with Tesla
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*KEY RESULTS 08-02*
ADITYA BIRLA FASHION
AJMERA REALTY & INFRA
ANDHRA PETROCHEMICALS
ASTRAZENECA PHARMA
AVADH SUGAR & ENERGY
BALAJI AMINES
BALKRISHNA IND
BALMER LAWRIE & CO
BEMCO HYDRAULICS
BINNY MILLS
BOMBAY DYEING
BPCL
CAMLIN FINE SCIENCES
DHARAMSI MORARJI CHEM
E.I.D.-PARRY
EIMCO ELECON
ELGI EQUIPMENTS
EMAMI PAPER MILLS
FAIRCHEM ORGANICS
GABRIEL INDIA
GALAXY SURFACTANTS
GANDHI SPECIAL TUBES
GE POWER INDIA
GLOBUS SPIRITS
GODREJ CONSUMER PRODUCTS
GUFIC BIOSCIENCES
HINDUJA GLOBAL SOLUTIONS
INDRAPRASTHA MEDICAL CORP
INDIAN LINK CHAIN
INVESTMENT & PRECISION CAST
JAGRAN PRAKASHAN
JINDAL STAINLESS
MAJESTIC AUTO
MARKSANS PHARMA
MEGHMANI ORGANICS
M.M.FORGINGS
MONTE CARLO FASHIONS
NAVA BHARAT VENTURES
NCL INDUSTRIES
NMDC
PRAKASH PIPES
PRAKASH INDUSTRIES
PREMIER EXPLOSIVES
RAGHUVIR SYNTHETICS
REDINGTON (INDIA)
ROSSELL INDIA
SICAL LOGISTICS
SPARC
STAR CEMENT
STEL HOLDINGS
SUNDARAM BRAKE LININGS
SUN TV NETWORK
TRIBHOVANDAS BHIMJI
TAMILNADU PETROPRODUCTS
TORRENT PHARMACEUTICALS
USHA MARTIN
VAKRANGEE
VENUS REMEDIES
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*Market Update :*

*SGX Nifty +74 pts*
Sgx Nifty 15020 (14946 Nifty Fut Clsd)

Dow +92.38 pts ,Nsdq +78.55 pts, S&P +15.09 pts, Bovespa +979 pts , Ftse -14 pts , Dax -3 pts , Cac +50 pts , Nikkei +461 pts now  ,Crude @ $57.29 brl (+0.45), Brent @ $59.80 brl (+0.46) , Gold @ 1818.10 (+4.90), Silver @ $27.295 (+0.276), Euro @ $1.2047, JPY @ $105.39, INR @ 72.81


*US GOVT. 10-YEAR YIELD : 1.17%*


*Today's Corporate Action, 8th Feb Ex Date :*

BEL

Interim Dividend - Rs. - 1.4000

GRANULES

Interim Dividend - Rs. - 0.2500

GRAVITA

Interim Dividend - Rs. - 1.1000

INDUSTOWER

Interim Dividend - Rs. - 17.8200

LAURUSLABS

Interim Dividend - Rs. - 0.4000

MOTILALOFS

Interim Dividend - Rs. - 5.0000

ORIENTCEM

Interim Dividend - Rs. - 0.5000

PROSEED

Resolution Plan -Suspension

VISAKAIND

Interim Dividend - Rs. - 5.0000

VMV

E.G.M.


*Today's Key Results/Board Meetings, 8-feb-21 :*

BPCL, Aditya Birla Fashion, Astrazeneca Pharma, Balkrishna Industries, Bombay Dyeing, Godrej Consumer Products, NMDC, Redington India, Sun Pharma Advanced Research Company, Sun TV Network, Torrent Pharmaceuticals, Usha Martin and Vakrangee were among 140 companies to announce their quarterly earnings on February 8.


*SEC. IN F&O BAN FOR , 8-Feb-21*

*1. BHEL 2. PNB 3. SAIL*
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Sunday 7 February 2021

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*Results on 8th Feb* – Ab Fashion, Balkrishna Industries, BPCL, Godrej Consumers, EID Parry, Camlin Fine, M&M Forging, NMDC, Torrent Pharma and Sun TV

*Results on 9th Feb* – Adani Ports, BASF, Abbot India, Berger Paints, Berger King, HEG, Kaveri Seed, JK Kumar Infra, Muthooh Finance, MGL, Max Financial, Tata Steel, Raymonds

*Results on 10th Feb* – ABB, Astra Microwave, BEML, Bata India, Bank of India, Eicher Motor, Eveready Industries, GAIL, IOL Chemical, Hindalco, IGL, Metropolis, NBCC, Rities, sh Kelker, Sadbhav Engineering, Spicejet, Ujjivan Finance, Titan Ltd, TTK Prestige

*Results on 11th Feb* – ACC, Allcargo, Ashok Leyland, Coal India, CAMS, Bosch India, HUDCO, Graphite India, KNR Construction, NHPC , NCC, Natco Pharma, Power Grid, MRF, PFC, Oil India, Prestige Estate, Tasty Bite

*Results on 12th Feb* – Bharat Dynamics, BGR Energy, Bharat Forge, Delta Corp, Dilip Buildcon, Glenmark Pharma, Grasim, InfoEdge, Motherson Sumi, MOIL, Nalco, Phonex Mills, Siemens , Sobha, Steel Strips, Tide Water, Tree House, TV Today, Voltas.
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India forex reserve surpass external debt :

India crossed a highest ever #forex reserves of over $ 590 billion , up by $ 119 billion compare to previous year. With  external debt of the country at $ 554 billion, India becoming “net creditor” on the forex front.
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https://youtu.be/FR43BuYTN08
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Friday 5 February 2021

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RBI Accommodative stance till growth revives till next year
RBI keeps reverse repo rate unchanged
RBI : 2021 sets a stage for new economic era
RBI: Gdp projected to be 10.5% for 21-22
RBI : Tltro on tap is extended to nbfc from banks for stress sector
Restoration of crr in two phases upto 4%
RBI: Msf extention upto 30th September 2021
RBI:
Htm limits to be restored from June 2023
RBI: Retail investors can open account with rbi for primary and secondary gsec market- major move
RBI: Fpi can participate in defaulted corporate bonds will be exempted from investment limit.
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#RBI keeps repo rate unchanged at 4%
#alliesfin
RBI: Fpi can participate in defaulted corporate bonds will be exempted from investment limit.
#Indian #economy will move in one direction only and that's up RBI #governor.
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#nifty 1 5 0 0 0
#sensex 5 1 0 0 0
#alliesfin
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#alliesfin

Ø Govt sticks to $5 trillion economy target; emphasis on infra aimed at achieving goal: DEA Secretary

Ø Rs 15,000 crore Tata-Airbus deal for military transport aircraft at CCS door

Ø DLF pre-leases 2.1 lakh sq ft space in Gurgaon to US healthcare company

Ø Niti Aayog's next list of companies for disinvestment in few weeks: Rajiv Kumar

Ø Banks wrote off Rs 62,000 cr loans of top 100 wilful defaulters as of March 20: RBI tells RTI activist

Ø Centre integrates trading system with agricultural services on eNAM

Ø GAIL bifurcation plan put on hold; company to monetise pipelines through InvIT



Ø TRAI issues recommendations on regulatory framework for DTH services

Ø HPCL's consolidated net profit doubles to Rs 2,373.71 crore in Q3

Ø Bank of England says banks need 6 months for any sub-zero rates

Ø HAL, GE Aviation sign over Rs 100 crore contract for supply of forgings

Ø McKinsey reaches $573 mn settlement with states over role in opioid crisis

Ø NTPC Q3 net profit up 10% to Rs 3,315 crore, to pay interim dividend

Ø HCL Technologies signs 5-year agreement with Airbus, plans expansion

Business Line



Mint

Ø Jindal Stainless Q3 profit zooms 229% to ₹170 crore

Ø GE Power Conversion signs MoU with BLP Industry.AI

Ø Sundram Fasteners to resume capex cycle from FY22

Ø Adani Group likely to bag 3,000 MW in the 6,400 MW solar tender of AP

Ø Adani Transmission narrows Q3 loss to ₹4 crore

Ø Bajaj Electricals Q3 net up 85% at ₹98 crore



Ø German economy likely shrinking significantly in Q1

Ø HAL inks deal with MIDHANI to develop, manufacture composite raw materials

Ø Brookfield REIT IPO subscribed 77% on day 2

Ø BSE-listed companies' market-cap hits record high at ₹200 tn

Ø 21.5% Indians have Covid, majority still vulnerable to infection: Sero-survey

Financial Express



Deccan Chronicle

Ø PhonePe allots stock options worth $200 million to employees

Ø SBI Q3 standalone net falls 7 per cent to Rs 5,196 crore

Ø Reliance sells Pennsylvania shale asset for $250 million



Ø Trade unions call for nationwide protest on Wednesday against privatisation

Ø SC orders disbursal of Rs 9K cr to unitholders of Franklin Templeton's 6 MF schemes
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In public health news, the U.S. averaged 136,438 new cases a day in the past week, down 30% from the average two weeks ago. Hospitalizations have also been falling, according to the COVID Tracking Project. There were 91,440 COVID-19 patients in U.S. hospitals on Wednesday, down from 92,880 a day earlier and the lowest level since Nov. 27.

*Against that backdrop, investors are also awaiting the next steps on a new fiscal relief package. President Joe Biden said he was open to sending $1,400 payments to a smaller group of Americans in the next round of coronavirus aid and changing the overall price tag of his $1.9 trillion plan, The Wall Street Journal reported. Democrats in the U.S. Senate were poised to take a first step toward the ultimate passage of President Joe Biden’s $1.9 trillion COVID-19 relief proposal. Republicans have countered with a more modest $618 billion package, which includes new stimulus checks of $1,000 per person.*

*Also on investors’ radar was a meeting of financial regulators, including Treasury Secretary Janet Yellen, to discuss the market volatility related to GameStop Corp. (-42.1%) and AMC Entertainment Holdings (-21%) and other so-called meme stocks. U.S. Treasury Secretary Janet Yellen has said that she and financial market regulators needed to “understand deeply” what happened in the recent retail trading frenzy before taking any action.*

*In other economic reports, U.S. productivity dropped to a 4.8% annual rate in the fourth quarter. Separately, U.S. factory orders for manufactured goods rose 1.1% in December after a 1.3% gain in the prior month, the Commerce Department said Thursday. Economists surveyed by The Wall Street Journal were expecting a 0.7% gain.*

*Many on Wall Street remain optimistic that the vaccine rollout, coupled with easy monetary policy and potentially more fiscal support, will sprout stronger growth in earnings and drive the market to new highs. “We believe that we are still in the early stages of a new bull market, transitioning from the ‘hope’ phase to a longer ‘growth’ phase as strong profit growth emerges”, said a strategist from Goldman Sachs.*

Volume was down versus last week’s levels. Volume on U.S. exchanges was 14.09 billion shares on Thursday, compared with the 15.5 billion average for the full session over the last 20 trading days.

European stocks closed mixed on Thursday as investors remained focused on earnings reports and developments on the coronavirus pandemic.

*The Bank of England on Thursday left monetary policy unchanged following its first meeting of 2021, with its main lending rate held at 0.1% and target stock of asset purchases kept at £895 billion ($1.2 trillion).*

The Bank’s Prudential Regulation Authority also said in a letter to lenders that British banks will need at least six months to prepare for a potential shift to negative interest rates.

*Bayer* shares climbed 5% after the German pharmaceutical giant reached a $2 billion deal to settle future compensation claims in the U.S. over cancers linked to its Roundup weedkiller.

At the bottom of the European blue chip index, consumer goods group *Unilever* fell 6% after full-year results.

*Currencies*
• The Bloomberg Dollar Spot Index rose 0.4%.
• The euro dipped 0.6% to $1.1965.
• The Japanese yen depreciated 0.5% to 105.54 per dollar.

*Bonds*
• The yield on 10-year Treasuries rose less than one basis point to 1.14%.
• Germany’s 10-year yield climbed one basis point to -0.45%.
• Britain’s 10-year yield jumped seven basis points to 0.44%.

*Commodities*
• West Texas Intermediate crude rose 1.2% to $56.35 a barrel.
• Gold slid 2.2% to $1,794.01 an ounce.
Silver sank 2% to $26.36 per ounce
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*Very Good Morning!!!*
*US Markets in Detail...*

*Today's Listing: Stove Craft Ltd. : Rs. 87/- buyer...IPO px: Rs. 385/-)*

*Today Listing of new securities of V-Mart Retail Limited..15,30,612 sh's alloted via QIP @ 2,450/-*


Sensex: 50,614: +359: +0.71%
Nifty: 14,896: +106: +0.71%
Dow: 31,056: +332: +1.08%
S&P: 3,872: +42: +1.09%
Nas: 13,778: +167: +1.23%
Brazil: 11261 (-464) (-0.39%)
Ftse: 6,504 (-4) (-0.06%)
Dax: 14,060: +127: +0.91%
Cac: 5,609: +45: +0.82%
WTI Oil: $56.37: +1.22%
Brnt: $58.93: +0.80%
Gold: $1,793 (-42) (-2.29%)
Silver: $26.38 (-1.91%)
Copper: $355 (-0.43%)
Eur-$: 1.1962
GBP-$: 1.3671
$-Jpy: 105.55
Re: 72.9637 (0.00%)
US10yr: 1.14%
GIND10YR: 6.074 (-0.16%)
$ Index: 91.5440: +0.41%
Vix: 21.77 (-4.98%)
BalticDry: 1,327 (-53) (-3.84%)

*ADR/GDR*

Cogni (-5.86%)
Infy (-0.48%)
Wit (-0.62%)
IciciBk: +0.64%
HdfcBk (-0.62%)
DrRdy: +1.42%
TataMot (-1.37%)
Vedanta: +1.24%
TatSt (-1.12%)
Axis: +2.00%
SBI: +6.00%
RIGD (-0.56%)
INDA: +0.48% (IShares MSCI INDIA ETF)
INDY: +0.47% (IShares MSCI INDIA 50 ETF)
EPI: +0.65% (Wisdom Tree India Earning)
PIN (-0.13%) (Invesco India Etf)

*Major U.S. stock-market benchmarks climbed Thursday, lifting the S&P 500 index and Nasdaq Composite to new records as better unemployment data (suggesting the labor market may be stabilizing), falling coronavirus cases and deaths, some upbeat corporate earnings and the prospect of more fiscal stimulus augured well for further economic recovery this year. The Dow and S&P 500 rose for a fourth straight day. A widely watched segment of the Treasury yield curve steepened to levels last seen in 2015.*

*Market participants were heartened by U.S. jobless benefit claims falling for a third straight week to the lowest number of claims since November, but the reading remains elevated compared to pre-pandemic levels.*

*U.S. initial jobless claims fell by 33,000 to 779,000 at end of January, compared with economists’ consensus estimates for 835,000 from 847,000 the week before, according to economists surveyed by Econoday. The report comes ahead of the official January employment report due on Friday from the Labor Department.*

Claims are running three to four times more than during the pre-pandemic period. We still have an enormous unemployment issue.

*Investors will be watching closely the U.S. government’s monthly employment report due out Friday. According to a Reuters poll of economists, payrolls likely increased by 50,000 jobs in January after declining by 140,000 in December.*

*Thursday also marked a busy day of earnings and economic reports with investors looking for signs that the economy is rebounding from the COVID-19 pandemic, despite an elevated case numbers and the emergence of new variants of the coronavirus amid the rollout of effective vaccines.*

In earnings, no fewer than 42 companies reported quarterly results on Thursday, representing the busiest day on the calendar for fourth-quarter results. Stronger-than-expected results so far in the fourth quarter have driven up analysts’ expectations, and S&P 500 companies are now on track to post earnings growth for the quarter instead of a decline as initially expected.

*EBay* jumped more than 5% after beating on both the top and bottom lines and issuing a rosier-than-expected forecast for the first quarter. *PayPal* gained more than 7% after strong quarterly results, while *Qualcomm* slipped over 8% after reporting revenues below consensus estimates for its fiscal first quarter.
*Apple* rose 2.6% after CNBC reported that it is close to finalizing a deal with Hyundai-Kia to produce driverless cars.

Headliners included Ford Motor (+1.52%) and Snapchat parent Snap Inc. (-1.6%), and also include results from the likes of Clorox Co. (-6.32%), Yum Brands (-1.66%), and Merck & Co. (-1.67%), which announced that Kenneth Frazier, its CEO would be stepping down after 10 years at the helm of the drug company.
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*Mkt. Updates:*

*SGX Nifty +45 pts (14935) from last trade 14890 ,*

Nikkei +293 pts ,
Hangseng +192 pts ,
Now @6.52am .

Dow +36.12 pts ,Nsdq +167.20 pts, S&P

+41.57 pts, Bovespa -463 pts , Ftse -4 pts , Dax +126 pts , Cac +45 pts , Crude @ $56.51 brl (+0.28), Brent @ $59.11 brl (+0.65) , Gold @ 1795.40 (+4.20), Silver @ $26.40 (+0.16), Euro @ $1.1963, JPY @ $105.57, INR @ 72.955


*US GOVT. 10-YEAR YIELD : 1.13%*


*Today's Corporate Action, 5th Feb Ex Date :*

ACCELYA

Interim Dividend - Rs. - 35.0000

COSMOFILMS

Interim Dividend - Rs. - 25.0000

NAM-INDIA

Interim Dividend - Rs. - 3.0000

NATIONALUM

Buy Back of Shares

OCTAWARE

E.G.M.

TIRUST

E.G.M.


*Today's Key Results/Board Meetings, 5-feb-21 :*

Britannia Industries, Mahindra & Mahindra, Punjab National Bank, Aditya Birla Capital, Alkem Laboratories, Ashoka Buildcon, Mrs Bectors Food Specialities, Cadila Healthcare, CG Power and Industrial Solutions, Equitas Holdings, Future Consumer, Fortis Healthcare, Gati, GSK Pharmaceuticals, Gujarat Gas, Jubilant Life Sciences, Narayana Hrudayalaya, Pfizer, RCF, Shipping Corporation of India etc are among 127 companies that are scheduled to release their quarterly earnings on February 5.


*SEC. IN F&O BAN FOR 05.02.21 :*

*1. PNB 2. SAIL*

*ADDITION - PNB*
*DELETION - NIL*


*Today's Alert :*

RBI to Conduct Auction of GOI BONDS for INR 310 Billion
By: via @AlliesFin Serve Stock Market

Thursday 4 February 2021

@AlliesFin Serve Stock Market's Post

*MKT. UPDATES :*

*SGX Nifty +2 pts (14816) from last trade 14814 ,*

Nikkei -172 pts ,
Hangseng -214 pts ,
Now @6.53am .

Dow +36.12 pts ,Nsdq -2.03 pts, S&P

+3.86 pts, Bovespa +1490 pts , Ftse -8 pts , Dax +98 pts , Cac -0.0 pts , Crude @ $55.95 brl (+0.26), Brent @ $58.67 brl (+1.21) , Gold @ 1835.00 (-0.10), Silver @ $26.91 (+0.02), Euro @ $1.2037, JPY @ $104.99, INR @ 72.825


*US GOVT. 10-YEAR YIELD : 1.15%*


*Today's Corporate Action, 4th Feb Ex Date :*

AKCAPIT

Interim Dividend - Rs. - 5.0000

EMAMILTD

Interim Dividend - Rs. - 4.0000

EXIDEIND

Interim Dividend - Rs. - 2.0000

GPIL

Interim Dividend - Rs. - 5.0000

IIFL

Interim Dividend - Rs. - 5.0000

JUBILANT

Spin Off

NEAGI

Buy Back of Shares

NGIL

E.G.M

RISAINTL

Annual Book Closure

SAIL

Interim Dividend - Rs. - 1.0000

SUNCLAYLTD

Interim Dividend - Rs. - 15.0000

TVSMOTOR

Interim Dividend - Rs. - 2.1000

VAIBHAVGBL

Interim Dividend - Rs. - 7.5000


*Today's Key Results/Board Meetings, 4-feb-21 :*

State Bank of India, Hero MotoCorp, Adani Power, Adani Transmission, Arvind, Bajaj Electricals, Chambal Fertilisers, Container Corporation, Gillette India, Godrej Agrovet, Godrej Properties, HPCL, Honeywell Automation India, ICRA, Ipca Laboratories, Jubilant Industries, Kalpataru Power Transmission, NTPC, REC, Sonata Software, Strides Pharma Science, Tata Power, Trent, Whirlpool of India, Zee Entertainment Enterprises, etc.


*SEC. IN F&O BAN FOR, 4-Feb-21 :*

1. SAIL
By: via @AlliesFin Serve Stock Market

Wednesday 3 February 2021

@AlliesFin Serve Stock Market's Post

Economic Times
 
Business Standard
Ø  Pfizer sees $15 billion in 2021 sales from COVID-19 vaccine
Ø  Tesla to recall 134,951 U.S. vehicles under pressure from auto safety regulators
Ø  Government expects lower dividend from RBI in the next fiscal year
Ø  Sugar output up 25.37% at 17.68 million tons during October-January: ISMA
Ø  Bharat Biotech, Ocugen sign pact for supply of Covaxin to US market
Ø  Indian Oil may form subsidiary for retail assets to unlock value
 
Ø  January exports rise 5.37% on healthy pharma, engineering growth
Ø  3 PSU banks likely to be out of PCA framework by March: DFS Secretary
Ø  Bad loans fall to Rs 8.08 trn in Sep 2020 from Rs 10.36 trn in Mar 2018
Ø  Delhi HC orders status quo on $3.4 bn Future Group-Reliance Retail deal
Ø  PFC raises $500 million in India's longest-tenure issue of USD bonds
Ø  HDFC Q3 standalone profit slips 65% YoY to Rs 2,926 cr, revenue tanks 42.2%

 

Business Line
 
Mint
Ø  GSFC posts ₹83-crore standalone Q3 profit
Ø  Bajaj Auto sales rise 8% at 4,25,199 units in January
Ø  Ajanta Pharma Q3 net profit up 64 per cent to ₹177 cr
Ø  Siemens Gamesa selects Infosys for SAP deployment
Ø  Lincoln Pharma Q3 net up 31%
Ø  Tata Consumer to acquire Kottaram Agro Foods for ₹155.8 cr
 
Ø  Finance Bill proposes 27 amendments in LIC Act
Ø  GameStop breaks below $100 as rout erases $28 bn in value
Ø  Fund houses to contribute ₹150 cr for setting up of LPCC: Sebi
Ø  Brookfield REIT raises ₹1,710 cr from anchor investors ahead of IPO
Ø  Sebi revises objective, eligibility criteria of innovation sandbox
Financial Express
 
Deccan Chronicle
Ø  BPCL, Air India stake sale by September; LIC IPO post October: DIPAM Secy
Ø  High fiscal deficit may invite rating agencies’ ire, Fitch may downgrade: Report
Ø  Airtel board to mull fund raising plans, financing strategies on February 3
 
Ø  RBI appoints external firm to audit HDFC Bank's IT infra in view of service outages
By: via @AlliesFin Serve Stock Market

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

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