*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 25-02-2022 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +3659*
*INDEX FUT. : +3555*
*INDEX OPT. : -2752*
*STOCK FUT. : +3100*
*STOCK OPT. : -244*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 25-FEB-22 : (Rs. CRS )*
*FIIS : SELL -4,470 (5,691-10,161)*
*DIIS : BUY +4,318 (9,655-5,337)*
*BSE SENSEX : +1328 (55,858)*
*NSE NIFTY : +410 (16,658)*
*BSE MIDCAP. : -906 (23,162)*
*BSE SMLCAP. : -1059 (26,450)*
*B. CRUDE : $ 98.71 (5pm)*
*GOLD :$1900=INR 51700(10gr)(5pm)*
*SILVER :* *RS. 65,000 (kg) (5pm) *
*FOREX : RS. : $ 75.29*
*6.54% GOI '32 : 6.7491%(98.50)*
*6.10% GOI '31 : 6.7687% (95.4050)*
*6.67% GOI '35 : 6.99% (97.1825)*
By: via @AlliesFin Serve Stock Market
Monday, 28 February 2022
Friday, 25 February 2022
@AlliesFin Serve Stock Market's Post
Population of Ukraine - 4.4 crs
Demat accounts in India - 8 crs
Bolo Kiski jyada fati hai ??
By: via @AlliesFin Serve Stock Market
Demat accounts in India - 8 crs
Bolo Kiski jyada fati hai ??
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Stocks in News*
Vesuvius India: Net profit for the December 2021 quarter declined 19 percent year-on-year to Rs 13.14 crore impacted by higher raw material cost and employee expenses, but revenue increased 10.4 percent to Rs 259 crore compared to year-ago period. The firm has declared dividend at Rs 8 per share for the financial year ended December 31, 2021.
Gillette India: Life Insurance Corporation of India bought 2,000 equity shares in the company via open market transactions on February 23. With this, LIC's stake in the company stands at 5 percent now, up from 4.99 percent earlier.
Linde India: The industrial gases company clocked 19.4 percent year-on-year growth in consolidated profit at Rs 67.8 crore for the quarter ended December 2021. Revenue during the same period grew by 35.5 percent to Rs 644.1 crore YoY. The firm said the board has declared a total dividend of Rs 13.50 per share for the year ended December 2021.
KSB: Profit grew at a healthy pace, rising 23.1 percent year-on-year to Rs 39.4 crore for the quarter ended December 2021 and revenue grew by 20.2 percent to Rs 444.6 crore during the same period. The dividend for the year ended December 2021 has been declared at Rs 12.50 per share by the pump manufacturer.
Hazoor Multi Projects: The company has bagged contract from Gayatri Projects for completion of balance work of Chainage in Ahmednagar, Maharashtra.
Cupid: The firm has received a purchase order from United National Population Fund (UNFPA) for suppry of Male condoms worth Rs 4.25 crore and water-based lubricant worth Rs 1.01 crore.
Arihant Capital Markets: The board members on March 3, will consider an interim dividend for the financial year 2021-22 and sub-division of face value of equity shares of the company from Rs 5 per share to Re 1 per share.
Minda Industries: The firm has acquired additional stake in two companies namely YA Auto Industries, and Auto Components, and bought fresh shares in Samaira Engineering, and SM Auto Industries.
By: via @AlliesFin Serve Stock Market
Vesuvius India: Net profit for the December 2021 quarter declined 19 percent year-on-year to Rs 13.14 crore impacted by higher raw material cost and employee expenses, but revenue increased 10.4 percent to Rs 259 crore compared to year-ago period. The firm has declared dividend at Rs 8 per share for the financial year ended December 31, 2021.
Gillette India: Life Insurance Corporation of India bought 2,000 equity shares in the company via open market transactions on February 23. With this, LIC's stake in the company stands at 5 percent now, up from 4.99 percent earlier.
Linde India: The industrial gases company clocked 19.4 percent year-on-year growth in consolidated profit at Rs 67.8 crore for the quarter ended December 2021. Revenue during the same period grew by 35.5 percent to Rs 644.1 crore YoY. The firm said the board has declared a total dividend of Rs 13.50 per share for the year ended December 2021.
KSB: Profit grew at a healthy pace, rising 23.1 percent year-on-year to Rs 39.4 crore for the quarter ended December 2021 and revenue grew by 20.2 percent to Rs 444.6 crore during the same period. The dividend for the year ended December 2021 has been declared at Rs 12.50 per share by the pump manufacturer.
Hazoor Multi Projects: The company has bagged contract from Gayatri Projects for completion of balance work of Chainage in Ahmednagar, Maharashtra.
Cupid: The firm has received a purchase order from United National Population Fund (UNFPA) for suppry of Male condoms worth Rs 4.25 crore and water-based lubricant worth Rs 1.01 crore.
Arihant Capital Markets: The board members on March 3, will consider an interim dividend for the financial year 2021-22 and sub-division of face value of equity shares of the company from Rs 5 per share to Re 1 per share.
Minda Industries: The firm has acquired additional stake in two companies namely YA Auto Industries, and Auto Components, and bought fresh shares in Samaira Engineering, and SM Auto Industries.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Analysts/Investors Meetings*
Nuvoco Vistas Corporation: The company's officials will attend Kotak 'Chasing Growth 2022' Investor Conference on February 25, and will also meet Equirus Capital, JP Morgan Research, Quantum Mutual Fund, and Franklin Templeton Mutual Fund on the same day.
Kotak Mahindra Bank: The company's officials will participate in Goldman Sachs India Thematic Financials Tour on February 25.
ACC: The company's officials will attend Investors Conference by Kotak Securities on February 25.
Exxaro Tiles: The company's officials will attend Indian Building Material Conference by Incred Capital on February 25.
Carborundum Universal: The company's officials will attend Kotak 'Chasing Growth 2022' Investor Conference on February 25
Indian Railway Catering and Tourism Corporation: The company's officials will participate in MKE-Mizuho India Corporate Day on February 25.
Cummins India: The company's officials will meet AlfAccurate Advisors on February 25; and Prabhudas Lilladher on March 14.
Sapphire Foods India: The company's officials will meet Gemway Assets on February 25.
Indian Terrain Fashions: The company's officials will attend Stock Intellectual Private Investors Conference on February 26.
Tatva Chintan Pharma Chem: The company's officials will meet Kotak Securities on March 1.
Sudarshan Chemical Industries: The company's officials will meet Motilal Oswal AMC on March 2.
By: via @AlliesFin Serve Stock Market
Nuvoco Vistas Corporation: The company's officials will attend Kotak 'Chasing Growth 2022' Investor Conference on February 25, and will also meet Equirus Capital, JP Morgan Research, Quantum Mutual Fund, and Franklin Templeton Mutual Fund on the same day.
Kotak Mahindra Bank: The company's officials will participate in Goldman Sachs India Thematic Financials Tour on February 25.
ACC: The company's officials will attend Investors Conference by Kotak Securities on February 25.
Exxaro Tiles: The company's officials will attend Indian Building Material Conference by Incred Capital on February 25.
Carborundum Universal: The company's officials will attend Kotak 'Chasing Growth 2022' Investor Conference on February 25
Indian Railway Catering and Tourism Corporation: The company's officials will participate in MKE-Mizuho India Corporate Day on February 25.
Cummins India: The company's officials will meet AlfAccurate Advisors on February 25; and Prabhudas Lilladher on March 14.
Sapphire Foods India: The company's officials will meet Gemway Assets on February 25.
Indian Terrain Fashions: The company's officials will attend Stock Intellectual Private Investors Conference on February 26.
Tatva Chintan Pharma Chem: The company's officials will meet Kotak Securities on March 1.
Sudarshan Chemical Industries: The company's officials will meet Motilal Oswal AMC on March 2.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*India Daybook – Stocks in News*
*Sunteck Realty:* Polar Capital LLP bought 8,07,602 equity shares in the company (Positive)
*Linde India:* Company’s net profit jumped 19.4 percent at Rs 67.8 crore YoY (Positive)
*KSB:* Company’s net profit jumped 23.1percent at Rs 39.4 crore YoY (Positive)
*Hazoor Multi Projects:* The company has bagged contract from Gayatri Projects for completion of balance work of Chainage in Ahmednagar. (Positive)
*Barbeque Nation:* Motilal Oswal Mutual Fund acquired 5.42 lakh equity shares in the company (Positive)
*Minda Industries:* Acquired additional stake in Samaira Engineering, and SM Auto Industries. (Positive)
*Infosys:* Introduces Metaverse Foundry service for enterprises (Positive)
*Bharat Electronics:* India’s defense ministry signs INR10.75b contract with BEL to supply thermal imagers for T-90 Tanks (Positive)
*Vedanta* to Sell Low- Carbon Aluminum Products in Global Markets (Positive)
*HUL:* Unilever’s India Unit Splits Chairman and CEO Roles (Positive)
*Indus Towers:* Euro Pacific Securities sold 6,35,52,590 equity shares in the company (Neutral)
*Vesuvius:* Net profit for the December 2021 quarter declined 19 percent year-on-year to Rs 13.14 crore (Neutral)
*Wipro:* To hire more than 500 in Brazil over next fiscal year. (Neutral)
By: via @AlliesFin Serve Stock Market
*Sunteck Realty:* Polar Capital LLP bought 8,07,602 equity shares in the company (Positive)
*Linde India:* Company’s net profit jumped 19.4 percent at Rs 67.8 crore YoY (Positive)
*KSB:* Company’s net profit jumped 23.1percent at Rs 39.4 crore YoY (Positive)
*Hazoor Multi Projects:* The company has bagged contract from Gayatri Projects for completion of balance work of Chainage in Ahmednagar. (Positive)
*Barbeque Nation:* Motilal Oswal Mutual Fund acquired 5.42 lakh equity shares in the company (Positive)
*Minda Industries:* Acquired additional stake in Samaira Engineering, and SM Auto Industries. (Positive)
*Infosys:* Introduces Metaverse Foundry service for enterprises (Positive)
*Bharat Electronics:* India’s defense ministry signs INR10.75b contract with BEL to supply thermal imagers for T-90 Tanks (Positive)
*Vedanta* to Sell Low- Carbon Aluminum Products in Global Markets (Positive)
*HUL:* Unilever’s India Unit Splits Chairman and CEO Roles (Positive)
*Indus Towers:* Euro Pacific Securities sold 6,35,52,590 equity shares in the company (Neutral)
*Vesuvius:* Net profit for the December 2021 quarter declined 19 percent year-on-year to Rs 13.14 crore (Neutral)
*Wipro:* To hire more than 500 in Brazil over next fiscal year. (Neutral)
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Namaste
TG @alliesfin
• PM Modi to speak with Russian President Vladimir Putin
• Minutes Show India Will Go Slow on Exiting Easy Money Policy
• RBI Policy Should Remain Attuned to India Inflation, Growth: Das
• India Seeks More Oil for Strategic Reserves as Prices Top $100
o Nation seeks to fill tanks that hold about 8 mln barrels
• India’s Defense Ministry Signs $142M Contract With BEL
• Boeing, Airbus Said in Talks for Multi-Jet Order From Air India
• India Worried Over Oil Price Spike, Not Supply: Govt Official
• India Defers Changes to Derivative Margin Rules for Second Time
• Vedanta to Sell Low- Carbon Aluminum Products in Global Markets
• Indonesia to Seek Alternative Wheat Supplies Amid Ukraine Crisis
• Capricorn Receives $1.06B in Proceeds From India Tax Refund
• Unilever’s India Unit Splits Chairman and CEO Roles
• Foreign Investors Sell Net INR28.4B of Indian Equities Wednesday
• Indian Stocks Plummet as Global Selloff Deepens on Ukraine Risk
o NIFTY VIX Surges 30%, Most in 23 Months as NIFTY Declines
• Biden Meets Security Council; Fighting Near Kyiv: Ukraine Update
• India looking at ways to evacuate its citizens from Ukraine: PTI
• CIL looking to offer over 100 closed, discontinued mines to private sector: PTI
• India refunds Rs 7,900 cr to Cairn to settle retro tax dispute: PTI
• Arihant Capital (ACM): To consider splitting each share into 5 on March 3
• Bharat Electronics (BHE): India’s defense ministry signs INR10.75b contract with BEL to supply thermal imagers for T-90 Tanks
• Infosys (INFO): Introduces Metaverse Foundry service for enterprises
• KSB (KSB): 4Q net profit 394m rupees vs. 320m year ago; to pay 12.5 rupees/shr as dividend
• Linde India (LIIL): 4Q net income 678.3m rupees vs. 568m year ago; to pay 13 rupees/shr dividend including special dividend 10 rupees
• Minda IndusMNDA): Acquires 87.5% stake each in Samaira Engineering and S.M. Auto Industries
• Visuvius India (VI): 4Q net profit 1.31b rupees vs. 1.62b year ago; to pay 8 rupees/shr as dividend
• Wipro (WPRO): To hire more than 500 in Brazil over next fiscal year
By: via @AlliesFin Serve Stock Market
TG @alliesfin
• PM Modi to speak with Russian President Vladimir Putin
• Minutes Show India Will Go Slow on Exiting Easy Money Policy
• RBI Policy Should Remain Attuned to India Inflation, Growth: Das
• India Seeks More Oil for Strategic Reserves as Prices Top $100
o Nation seeks to fill tanks that hold about 8 mln barrels
• India’s Defense Ministry Signs $142M Contract With BEL
• Boeing, Airbus Said in Talks for Multi-Jet Order From Air India
• India Worried Over Oil Price Spike, Not Supply: Govt Official
• India Defers Changes to Derivative Margin Rules for Second Time
• Vedanta to Sell Low- Carbon Aluminum Products in Global Markets
• Indonesia to Seek Alternative Wheat Supplies Amid Ukraine Crisis
• Capricorn Receives $1.06B in Proceeds From India Tax Refund
• Unilever’s India Unit Splits Chairman and CEO Roles
• Foreign Investors Sell Net INR28.4B of Indian Equities Wednesday
• Indian Stocks Plummet as Global Selloff Deepens on Ukraine Risk
o NIFTY VIX Surges 30%, Most in 23 Months as NIFTY Declines
• Biden Meets Security Council; Fighting Near Kyiv: Ukraine Update
• India looking at ways to evacuate its citizens from Ukraine: PTI
• CIL looking to offer over 100 closed, discontinued mines to private sector: PTI
• India refunds Rs 7,900 cr to Cairn to settle retro tax dispute: PTI
• Arihant Capital (ACM): To consider splitting each share into 5 on March 3
• Bharat Electronics (BHE): India’s defense ministry signs INR10.75b contract with BEL to supply thermal imagers for T-90 Tanks
• Infosys (INFO): Introduces Metaverse Foundry service for enterprises
• KSB (KSB): 4Q net profit 394m rupees vs. 320m year ago; to pay 12.5 rupees/shr as dividend
• Linde India (LIIL): 4Q net income 678.3m rupees vs. 568m year ago; to pay 13 rupees/shr dividend including special dividend 10 rupees
• Minda IndusMNDA): Acquires 87.5% stake each in Samaira Engineering and S.M. Auto Industries
• Visuvius India (VI): 4Q net profit 1.31b rupees vs. 1.62b year ago; to pay 8 rupees/shr as dividend
• Wipro (WPRO): To hire more than 500 in Brazil over next fiscal year
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
TTML will be included from March 31, 2022 in below NIFTY equity indices:
#alliesfin
Nifty Midcap 150
Nifty Large Midcap 250
Excluded from:
Nifty Smallcap 250
By: via @AlliesFin Serve Stock Market
#alliesfin
Nifty Midcap 150
Nifty Large Midcap 250
Excluded from:
Nifty Smallcap 250
By: via @AlliesFin Serve Stock Market
Thursday, 24 February 2022
@AlliesFin Serve Stock Market's Post
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 24-02-2022 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +10045*
*INDEX FUT. : -3452*
*INDEX OPT. : +9578*
*STOCK FUT. : +3552*
*STOCK OPT. : +367*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 24-FEB-22 : (Rs. CRS )*
*FIIS : SELL -6,448 (9,232-15,680)*
*DIIS : BUY +7,667 (14,452-6,785)*
*BSE SENSEX : -2702 (54,530)*
*NSE NIFTY : -815 (16,248)*
*BSE MIDCAP. : -1302 (22,256)*
*BSE SMLCAP. : -1555 (25,391)*
*B. CRUDE : $ 105.06 (5pm)*
*GOLD :$1971=INR 52750(10gr)(5pm)*
*SILVER :* *RS. 66,100 (kg) (5pm) *
*FOREX : RS. : $ 75.65*
*6.54% GOI '32 : 6.7596%(98.4250)*
*6.10% GOI '31 : 6.7935% (95.2375)*
*6.67% GOI '35 : 7.0228% (96.90)*
By: via @AlliesFin Serve Stock Market
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +10045*
*INDEX FUT. : -3452*
*INDEX OPT. : +9578*
*STOCK FUT. : +3552*
*STOCK OPT. : +367*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 24-FEB-22 : (Rs. CRS )*
*FIIS : SELL -6,448 (9,232-15,680)*
*DIIS : BUY +7,667 (14,452-6,785)*
*BSE SENSEX : -2702 (54,530)*
*NSE NIFTY : -815 (16,248)*
*BSE MIDCAP. : -1302 (22,256)*
*BSE SMLCAP. : -1555 (25,391)*
*B. CRUDE : $ 105.06 (5pm)*
*GOLD :$1971=INR 52750(10gr)(5pm)*
*SILVER :* *RS. 66,100 (kg) (5pm) *
*FOREX : RS. : $ 75.65*
*6.54% GOI '32 : 6.7596%(98.4250)*
*6.10% GOI '31 : 6.7935% (95.2375)*
*6.67% GOI '35 : 7.0228% (96.90)*
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Mkt. Updates :
SGX Nifty -290 pts (16778) from last trade 17068 ,
Nikkei -326 pts ,
Hangseng -392 pts ,
Now @6.53am .
Dow -465.85 pts ,Nsdq -344.03 pts, S&P
-79.29 pts , Bovespa -884 pts , Ftse +3 pts , Dax -61 pts , Cac -6 pts , Crude @ $93.20 brl (+1.20), Brent @ $96.84 brl (+0.00) , Gold @ 1914.10 (+3.80), Silver @ $24.615 (+0.05), Euro @ $1.1281, JPY @ $114.91, INR @ 74.675
*US GOVT. 10-YEAR YIELD : 1.96%*
*Today's Corporate Action, 24 Feb Ex Date :*
BECTORFOOD
Interim Dividend - Rs. - 1.2500
MANAPPURAM
Interim Dividend - Rs. - 0.7500
MISHTANN
Interim Dividend - Rs. - 0.0020
MOIL
Interim Dividend - Rs. - 3.0000
NATCOPHARM
Interim Dividend - Rs. - 2.0000
NURECA
Interim Dividend - Rs. - 3.0000
PANCHSHEEL
Interim Dividend - Rs. - 0.5000
POBS
Interim Dividend - Rs. - 1.0000
POLYPLEX
Interim Dividend - Rs. - 35.0000
RAMASTEEL
Interim Dividend - Rs. - 0.5000
SANDESH
Interim Dividend - Rs. - 5.0000
TAPARIA
Interim Dividend - Rs. - 50.0000
*Today's Key Results/Board Meetings, 24-Feb-21 :*
BINDALEXPO
General
KSB
Dividend;Quarterly Results
LINDEINDIA
Audited Results;Final Dividend
MMLF
General
SAREGAMA
Stock Split
VESUVIUS
Audited Results;Dividend
ZMILGFIN
Right Issue of Equity Shares;Increase in Authorised Capital;General;Preferential Issue of shares
*SEC. IN F&O BAN FOR, 24 FEB, 2022 :*
*1. IDEA 2. IBULHSGFIN 3. PNB*
*ADDITION : IDEA*
*DELETION : ESCORTS*
By: via @AlliesFin Serve Stock Market
SGX Nifty -290 pts (16778) from last trade 17068 ,
Nikkei -326 pts ,
Hangseng -392 pts ,
Now @6.53am .
Dow -465.85 pts ,Nsdq -344.03 pts, S&P
-79.29 pts , Bovespa -884 pts , Ftse +3 pts , Dax -61 pts , Cac -6 pts , Crude @ $93.20 brl (+1.20), Brent @ $96.84 brl (+0.00) , Gold @ 1914.10 (+3.80), Silver @ $24.615 (+0.05), Euro @ $1.1281, JPY @ $114.91, INR @ 74.675
*US GOVT. 10-YEAR YIELD : 1.96%*
*Today's Corporate Action, 24 Feb Ex Date :*
BECTORFOOD
Interim Dividend - Rs. - 1.2500
MANAPPURAM
Interim Dividend - Rs. - 0.7500
MISHTANN
Interim Dividend - Rs. - 0.0020
MOIL
Interim Dividend - Rs. - 3.0000
NATCOPHARM
Interim Dividend - Rs. - 2.0000
NURECA
Interim Dividend - Rs. - 3.0000
PANCHSHEEL
Interim Dividend - Rs. - 0.5000
POBS
Interim Dividend - Rs. - 1.0000
POLYPLEX
Interim Dividend - Rs. - 35.0000
RAMASTEEL
Interim Dividend - Rs. - 0.5000
SANDESH
Interim Dividend - Rs. - 5.0000
TAPARIA
Interim Dividend - Rs. - 50.0000
*Today's Key Results/Board Meetings, 24-Feb-21 :*
BINDALEXPO
General
KSB
Dividend;Quarterly Results
LINDEINDIA
Audited Results;Final Dividend
MMLF
General
SAREGAMA
Stock Split
VESUVIUS
Audited Results;Dividend
ZMILGFIN
Right Issue of Equity Shares;Increase in Authorised Capital;General;Preferential Issue of shares
*SEC. IN F&O BAN FOR, 24 FEB, 2022 :*
*1. IDEA 2. IBULHSGFIN 3. PNB*
*ADDITION : IDEA*
*DELETION : ESCORTS*
By: via @AlliesFin Serve Stock Market
Wednesday, 23 February 2022
@AlliesFin Serve Stock Market's Post
*On the data front, Germany’s Ifo business climate index rose to 98.9 in February from 96.0 in January despite the situation in Ukraine, though the research institute said German businesses already afflicted by supply bottlenecks will see a drag.*
*Which companies were in focus?*
• *Home Depot Inc.* reported fiscal fourth-quarter profit and sales that rose above expectations and announced a 15% increase in its dividend. Shares of the home-improvement retail giant dropped 8.9%.
• Shares of department-store retailer *Macy’s Inc.* fell about 5% after reporting fourth-quarter earnings that beat expectations and announcing a dividend hike.
*In deal news*, Houghton Mifflin Harcourt shares surged about 15.3% after the company said it would be taken private by Veritas Capital in a deal worth $21 a share, representing a nearly 16% premium from Friday’s close. The deal is expected to be completed in the second quarter.
*Here are some events to watch this week:*
New Zealand rate decision Wednesday
BOE Governor Andrew Bailey appears before the Treasury Committee
Wednesday Bank of Korea policy decision Thursday
EIA crude oil inventory report Thursday
Fed officials Loretta Mester and Raphael Bostic speak Thursday
U.S. new home sales, GDP, initial jobless claims Thursday
U.S. consumer income, U.S. durable goods, PCE deflator, University of Michigan consumer sentiment Friday
*Currencies*
The Bloomberg Dollar Spot Index was little changed
The euro rose 0.2% to $1.1328
The British pound fell 0.1% to $1.3588
The Japanese yen fell 0.3% to 115.03 per dollar
*Bonds*
The yield on 10-year Treasuries was little changed at 1.92%
Germany’s 10-year yield advanced four basis points to 0.24%
Britain’s 10-year yield advanced six basis points to 1.47%
*Commodities*
West Texas Intermediate crude rose 1.4% to $92.35 a barrel
By: via @AlliesFin Serve Stock Market
*Which companies were in focus?*
• *Home Depot Inc.* reported fiscal fourth-quarter profit and sales that rose above expectations and announced a 15% increase in its dividend. Shares of the home-improvement retail giant dropped 8.9%.
• Shares of department-store retailer *Macy’s Inc.* fell about 5% after reporting fourth-quarter earnings that beat expectations and announcing a dividend hike.
*In deal news*, Houghton Mifflin Harcourt shares surged about 15.3% after the company said it would be taken private by Veritas Capital in a deal worth $21 a share, representing a nearly 16% premium from Friday’s close. The deal is expected to be completed in the second quarter.
*Here are some events to watch this week:*
New Zealand rate decision Wednesday
BOE Governor Andrew Bailey appears before the Treasury Committee
Wednesday Bank of Korea policy decision Thursday
EIA crude oil inventory report Thursday
Fed officials Loretta Mester and Raphael Bostic speak Thursday
U.S. new home sales, GDP, initial jobless claims Thursday
U.S. consumer income, U.S. durable goods, PCE deflator, University of Michigan consumer sentiment Friday
*Currencies*
The Bloomberg Dollar Spot Index was little changed
The euro rose 0.2% to $1.1328
The British pound fell 0.1% to $1.3588
The Japanese yen fell 0.3% to 115.03 per dollar
*Bonds*
The yield on 10-year Treasuries was little changed at 1.92%
Germany’s 10-year yield advanced four basis points to 0.24%
Britain’s 10-year yield advanced six basis points to 1.47%
*Commodities*
West Texas Intermediate crude rose 1.4% to $92.35 a barrel
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
“However, in either case, the long-term consequences for Russia would be very severe as Europeans would likely, belatedly, resolve to never again make themselves energy dependent on the whims of a Russian leader,” according to Kelly.
“While Monday’s episode will have important implications for Russia’s political relations with foreign partners, a significant market event is likely avoided for the time being, but the trajectory in the coming weeks will be important to monitor from a rising market risk perspective,” said Ed Mills of Raymond James.
Stock-index futures plunged overnight in reaction to the Russian moves but steadied somewhat ahead of Tuesday’s opening bell. Equities began the day lower, but saw choppy price action in morning trade, with the S&P 500 and Nasdaq Composite moving between gains and losses before extending their decline in afternoon activity.
Geopolitical risks have already led investors to pare bets on how aggressively the Federal Reserve may tighten monetary policy this year to fight inflation.
Putin has miscalculated “how unified the West is,” according to Craig Columbus, chief executive officer of Columbus Macro, which oversees about $1 billion.
“I don’t think Russia is the primary thing that’s weighing on markets,” he said by phone Tuesday. Rather, concerns tied to inflation and a tightening of monetary policy are what’s “driving a recalibration of assets.”
*While Putin’s actions have escalated tensions, the moves so far have fallen short of the sort of full-scale invasion that remains the biggest potential worry for investors.*
*Oil prices jumped but have pulled back from highs, while haven-related buying of Treasurys faded, allowing yields to edge higher.*
Stocks appeared to find support in early trading after a pair of surveys of purchasing managers showed private-sector activity in the U.S. economy picked up last month as the spread of the omicron variant of the coronavirus faded.
*On the economic data front, the IHS Markit manufacturing PMI rose to 52.5 in February from 50.5. The IHS Markit services PMI jumped to 56 in February from 51.1 the month prior.*
A “flash” index of activity by service-oriented companies jumped to 57.5 this month from an 18-month low of 51.1 in January, IHS Markit said. A similar gauge of manufacturers rose to 52.5 in February from 50.5.
“The market had gotten way ahead of itself in terms of expecting Fed rate hikes and now we have this heightened political risk that’s going to mean potentially tighter financial conditions, and that means a slower process of rate increases from the Fed and probably a flatter yield curve,” Charles Schwab’s Kathy Jones said on Bloomberg TV Tuesday.
*Markit manufacturing and services PMI data beat estimates, suggesting recent growth concerns have been driven by the omicron variant. Still, U.S. consumer confidence is at its lowest since September.*
*Traders are also keeping an eye on the Federal Reserve, as the U.S. central bank is expected to raise rates multiple times starting next month. Traders are betting that there is a 100% chance of a Fed rate hike after the March 15-16 meeting, with expectations tilting toward a 0.25 percentage point move, according to the CME Group’s FedWatch tool.*
*Expectations of tighter monetary policy have put pressure on stocks, particularly those in rate-sensitive sectors like tech, and have sent Treasury yield sharply higher to start 2022. The benchmark 10-year Treasury yield ended last week around 1.93% after briefly breaking above 2%. The 10-year began 2022 trading at around 1.51%.*
“The market is worried about a lot of different things and it certainly doesn’t want to be thinking about Russia/Ukraine on top,” Marko Papic, partner and chief strategist at Clocktower Group, said. “It’s a catalyst for further selloff.”
European stocks were volatile on Tuesday as global markets were shaken by developments in the Russia-Ukraine crisis.
By: via @AlliesFin Serve Stock Market
“While Monday’s episode will have important implications for Russia’s political relations with foreign partners, a significant market event is likely avoided for the time being, but the trajectory in the coming weeks will be important to monitor from a rising market risk perspective,” said Ed Mills of Raymond James.
Stock-index futures plunged overnight in reaction to the Russian moves but steadied somewhat ahead of Tuesday’s opening bell. Equities began the day lower, but saw choppy price action in morning trade, with the S&P 500 and Nasdaq Composite moving between gains and losses before extending their decline in afternoon activity.
Geopolitical risks have already led investors to pare bets on how aggressively the Federal Reserve may tighten monetary policy this year to fight inflation.
Putin has miscalculated “how unified the West is,” according to Craig Columbus, chief executive officer of Columbus Macro, which oversees about $1 billion.
“I don’t think Russia is the primary thing that’s weighing on markets,” he said by phone Tuesday. Rather, concerns tied to inflation and a tightening of monetary policy are what’s “driving a recalibration of assets.”
*While Putin’s actions have escalated tensions, the moves so far have fallen short of the sort of full-scale invasion that remains the biggest potential worry for investors.*
*Oil prices jumped but have pulled back from highs, while haven-related buying of Treasurys faded, allowing yields to edge higher.*
Stocks appeared to find support in early trading after a pair of surveys of purchasing managers showed private-sector activity in the U.S. economy picked up last month as the spread of the omicron variant of the coronavirus faded.
*On the economic data front, the IHS Markit manufacturing PMI rose to 52.5 in February from 50.5. The IHS Markit services PMI jumped to 56 in February from 51.1 the month prior.*
A “flash” index of activity by service-oriented companies jumped to 57.5 this month from an 18-month low of 51.1 in January, IHS Markit said. A similar gauge of manufacturers rose to 52.5 in February from 50.5.
“The market had gotten way ahead of itself in terms of expecting Fed rate hikes and now we have this heightened political risk that’s going to mean potentially tighter financial conditions, and that means a slower process of rate increases from the Fed and probably a flatter yield curve,” Charles Schwab’s Kathy Jones said on Bloomberg TV Tuesday.
*Markit manufacturing and services PMI data beat estimates, suggesting recent growth concerns have been driven by the omicron variant. Still, U.S. consumer confidence is at its lowest since September.*
*Traders are also keeping an eye on the Federal Reserve, as the U.S. central bank is expected to raise rates multiple times starting next month. Traders are betting that there is a 100% chance of a Fed rate hike after the March 15-16 meeting, with expectations tilting toward a 0.25 percentage point move, according to the CME Group’s FedWatch tool.*
*Expectations of tighter monetary policy have put pressure on stocks, particularly those in rate-sensitive sectors like tech, and have sent Treasury yield sharply higher to start 2022. The benchmark 10-year Treasury yield ended last week around 1.93% after briefly breaking above 2%. The 10-year began 2022 trading at around 1.51%.*
“The market is worried about a lot of different things and it certainly doesn’t want to be thinking about Russia/Ukraine on top,” Marko Papic, partner and chief strategist at Clocktower Group, said. “It’s a catalyst for further selloff.”
European stocks were volatile on Tuesday as global markets were shaken by developments in the Russia-Ukraine crisis.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Biden added that the United States had no intention of fighting Russia. He said the sanctions, among others things, target Russian banks and sovereign debt.*
*President Joe Biden on Tuesday announced sanctions on Russian bank VEB and its military bank, Russia’s sovereign debt and certain wealthy individuals and their families. The U.K. has also started targeted economic sanctions against five Russian banks and three wealthy individuals… as he blamed Moscow for what he called the beginning of an invasion of Ukraine. That comes after Biden on Monday issued an executive order barring new investment, trade and financing by U.S. persons in the breakaway regions where Russia sent troops.*
*Britain published a list of sanctions and Germany froze the Nord Stream 2 Baltic Sea gas pipeline project, which would have significantly increased the flow of Russian gas.*
*That move came a day after Russian President Vladimir Putin said he would recognize the independence of two breakaway regions in Ukraine, potentially undercutting peace talks with Biden. Putin also ordered forces into the two breakaway regions.*
*On Sunday, the White House said that Biden has accepted “in principle” to meet with Putin in yet another effort to deescalate the Russia-Ukraine situation via diplomacy. White House press secretary Jen Psaki said the summit between the two leaders would occur after a meeting between Secretary of State Antony Blinken and his Russian counterpart Sergey Lavrov.*
*Earlier on Tuesday, NATO Secretary-General Jens Stoltenberg said that the alliance believed Russia was still planning a big assault on Ukraine following Moscow's recognition of two separatist regions in the former Soviet republic's east.*
*The measures announced by Biden were not as harsh as some investors had feared. But he said the effect is likely temporary given that the Ukraine-Russia crisis is not over.*
“Military confrontations are scary,” but the market seems to believe the confrontation over Ukraine will be “limited,” said Jeffrey Kleintop, chief global investment strategist at Charles Schwab, in a phone interview Tuesday. “The market reaction is mild relative to a lot of the fears” over potential spillover effects, such as “fears of World War III” or a recession, he said.
Gold was little changed, the dollar was flat and benchmark Treasury yields drifted at 1.92%. In European trading, the Stoxx 600 Index fell as much as 2% before recovering losses.
Russia is a “very small” trading partner with the U.S., said Kleintop.
Meanwhile, officials from the European Union referred to Putin’s latest moves, including the recognition of the independence of the Russian separatist Donetsk and Luhansk regions’ independence, as “a blatant violation of international law.” And Germany took steps to halt certification of the Nord Stream 2 pipeline that’s set to carry natural gas from Russia to Western Europe.
*Biden said the U.S. was working closely with Germany on halting the Nord Stream 2 pipeline, which sent European natural gas futures 11% higher earlier in the session. He also said the administration was monitoring the energy sector as the threat of disrupted supplies has kept oil prices elevated. West Texas Intermediate crude traded close to $92 a barrel.*
“The stock market is right to be concerned about current tensions between Russia and Ukraine, which run the risk of exacerbating the challenging inflation backdrop that many investors and companies have expected to improve in the back half of 2022,” wrote RBC Capital Markets’ Lori Calvasina. “The bad news is that the investment community still appears to be in the early days of understanding the potential implications of this conflict.”
“European leaders might feel compelled to cut off imports of natural gas and oil from Russia, despite the very serious economic pain which this would entail,” said David Kelly, chief global strategist at J.P. Morgan Asset Management, in a note Tuesday. “Putin could, of course, turn off the energy tap himself in reaction to Western sanctions.”
By: via @AlliesFin Serve Stock Market
*President Joe Biden on Tuesday announced sanctions on Russian bank VEB and its military bank, Russia’s sovereign debt and certain wealthy individuals and their families. The U.K. has also started targeted economic sanctions against five Russian banks and three wealthy individuals… as he blamed Moscow for what he called the beginning of an invasion of Ukraine. That comes after Biden on Monday issued an executive order barring new investment, trade and financing by U.S. persons in the breakaway regions where Russia sent troops.*
*Britain published a list of sanctions and Germany froze the Nord Stream 2 Baltic Sea gas pipeline project, which would have significantly increased the flow of Russian gas.*
*That move came a day after Russian President Vladimir Putin said he would recognize the independence of two breakaway regions in Ukraine, potentially undercutting peace talks with Biden. Putin also ordered forces into the two breakaway regions.*
*On Sunday, the White House said that Biden has accepted “in principle” to meet with Putin in yet another effort to deescalate the Russia-Ukraine situation via diplomacy. White House press secretary Jen Psaki said the summit between the two leaders would occur after a meeting between Secretary of State Antony Blinken and his Russian counterpart Sergey Lavrov.*
*Earlier on Tuesday, NATO Secretary-General Jens Stoltenberg said that the alliance believed Russia was still planning a big assault on Ukraine following Moscow's recognition of two separatist regions in the former Soviet republic's east.*
*The measures announced by Biden were not as harsh as some investors had feared. But he said the effect is likely temporary given that the Ukraine-Russia crisis is not over.*
“Military confrontations are scary,” but the market seems to believe the confrontation over Ukraine will be “limited,” said Jeffrey Kleintop, chief global investment strategist at Charles Schwab, in a phone interview Tuesday. “The market reaction is mild relative to a lot of the fears” over potential spillover effects, such as “fears of World War III” or a recession, he said.
Gold was little changed, the dollar was flat and benchmark Treasury yields drifted at 1.92%. In European trading, the Stoxx 600 Index fell as much as 2% before recovering losses.
Russia is a “very small” trading partner with the U.S., said Kleintop.
Meanwhile, officials from the European Union referred to Putin’s latest moves, including the recognition of the independence of the Russian separatist Donetsk and Luhansk regions’ independence, as “a blatant violation of international law.” And Germany took steps to halt certification of the Nord Stream 2 pipeline that’s set to carry natural gas from Russia to Western Europe.
*Biden said the U.S. was working closely with Germany on halting the Nord Stream 2 pipeline, which sent European natural gas futures 11% higher earlier in the session. He also said the administration was monitoring the energy sector as the threat of disrupted supplies has kept oil prices elevated. West Texas Intermediate crude traded close to $92 a barrel.*
“The stock market is right to be concerned about current tensions between Russia and Ukraine, which run the risk of exacerbating the challenging inflation backdrop that many investors and companies have expected to improve in the back half of 2022,” wrote RBC Capital Markets’ Lori Calvasina. “The bad news is that the investment community still appears to be in the early days of understanding the potential implications of this conflict.”
“European leaders might feel compelled to cut off imports of natural gas and oil from Russia, despite the very serious economic pain which this would entail,” said David Kelly, chief global strategist at J.P. Morgan Asset Management, in a note Tuesday. “Putin could, of course, turn off the energy tap himself in reaction to Western sanctions.”
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Very Good Morning!!!*
*US Markets in Detail...*
*Provisional Cash Rs. In Crs. (22nd Feb)*
FIIS : -3,246 (8,614-11,860)
DIIS : +4,109 (8,144-4,035)
*Today’s Major Financial Results: SANOFI & GAMMON*
Sensex: 57,301 (-383) (-0.66%)
Nifty: 17,092 (-114) (-0.67%)
Dow: 33,597 (-483) (-1.42%)
S&P: 4,305 (-44) (-1.01%)
Nas: 13,382 (-167) (-1.23%)
Brazil: 112,892: +1,167: +1.04%
Ftse: 7,494: +10: +0.13%
Dax: 14,693 (-38) (-0.26%)
Cac: 6,788 (-1) (-0.01%)
WTI Oil: $92.35: +1.41%
Brnt: $96.33: +0.99%
Gold: $1,901: +1: +0.06%
Silver: $24.2: +0.67%
Copper: $451 (-1) (-0.28%)
Zinc: 3,558 (-18) (-0.49%)
Alluminum: 3,280: +17: +0.52%
Eur-$: 1.1327
GBP-$: 1.3601
Jpy-$: 115.08
Re: 74.8750: +0.48%
US10yr: 1.94%
GIND10YR: 6.749: +0.84%
$ Index: 96.0780: +
Vix: 28.81: +3.82%
BalticDry: 2,045: +81: +4.12%
*ADR/GDR*
Cogni (-1.26%)
Infy: +2.40%
Wit: +2.32%
IciciBk: +0.45%
HdfcBk: +0.48%
DrRdy (-1.53%)
TataMo (-3.43%)
TatSt (-4.13%)
Axis (-2.81%)
SBI (-1.78%)
RIGD: +0.63%
INDA (-0.56%) (IShares MSCI INDIA ETF)
INDY (-0.30%) (IShares MSCI INDIA 50 ETF)
EPI (-1.08%) (Wisdom Tree India Earning)
PIN (-0.66%) (Invesco India Etf)
*Stocks fell, pushing the S&P 500 into a correction, as the imposition of sanctions against Russia over its Ukraine militancy put further stress on a market that has shown signs of buckling over the Federal Reserve’s efforts to subdue inflation. Ukraine-Russia crisis kept investors on edge after Russian President Vladimir Putin recognized two breakaway regions in the country and ordered troops to the area. The Dow fell for its fourth straight session. The major averages pared losses late in the trading day, however. At its session low, the Dow had lost more than 700 points.*
The S&P 500 declined 1%, bringing its losses from a January high to 10%, as investors weighed the potential damage from sanctions targeting Russia’s elite and sovereign debt abroad. The European Union and U.K. also signaled they are ready to impose further penalties unless Putin changes course. However, the Russian president has denied plans to invade Ukraine.
*Anxieties over the Federal Reserve’s move to raise interest rates – particularly the prospect of a half-point rate hike – have pushed stocks lower in recent weeks. However, the latest escalation in the Russia-Ukraine conflict ultimately threw the S&P 500 into correction territory.*
Markets in the U.S. were closed Monday in observance of the Presidents Day holiday, with trade on Tuesday providing the first opportunity for investors to react to developments in Eastern Europe.
On Friday, the Dow, S&P 500 and Nasdaq Composite logged a second straight weekly decline. A so-called death cross crystallized in the Nasdaq, a bearish chart pattern.
*What drove the market?*
*The S&P 500’s fall left it 10.3% below its record close on Jan. 3. The S&P 500 on Tuesday fell into a correction for the first time in two years, joining the Nasdaq Composite, as Russia sent troops into pro-Russian regions in Ukraine. A correction is commonly defined by market technicians as a fall of at least 10% (but not greater than 20%) from a recent peak. The last time the S&P 500 entered a correction was Feb. 27, 2020, when the market was being whipsawed by fears about the outbreak of the COVID pandemic.*
*The good news for market participants is that history suggests that the market tends to eventually bounce back after the broad-market benchmark suffers a correction, gauged by data backdated to 1928.*
*Of the past 20 corrections that have occurred in the S&P 500, including those that have morphed into a bear market, defined as a 20% decline from a recent peak, the S&P 500 has ended higher 70% of the time.*
Sentiment soured in the U.S. stock market after Putin ordered forces Monday into separatist regions of eastern Ukraine, raising fears that an invasion was about to materialize.
*Indexes pared losses and ended off their lows of the session after U.S. President Joe Biden announced the first wave of sanctions against Russia, while saying he was hopeful diplomacy is still available.*
By: via @AlliesFin Serve Stock Market
*US Markets in Detail...*
*Provisional Cash Rs. In Crs. (22nd Feb)*
FIIS : -3,246 (8,614-11,860)
DIIS : +4,109 (8,144-4,035)
*Today’s Major Financial Results: SANOFI & GAMMON*
Sensex: 57,301 (-383) (-0.66%)
Nifty: 17,092 (-114) (-0.67%)
Dow: 33,597 (-483) (-1.42%)
S&P: 4,305 (-44) (-1.01%)
Nas: 13,382 (-167) (-1.23%)
Brazil: 112,892: +1,167: +1.04%
Ftse: 7,494: +10: +0.13%
Dax: 14,693 (-38) (-0.26%)
Cac: 6,788 (-1) (-0.01%)
WTI Oil: $92.35: +1.41%
Brnt: $96.33: +0.99%
Gold: $1,901: +1: +0.06%
Silver: $24.2: +0.67%
Copper: $451 (-1) (-0.28%)
Zinc: 3,558 (-18) (-0.49%)
Alluminum: 3,280: +17: +0.52%
Eur-$: 1.1327
GBP-$: 1.3601
Jpy-$: 115.08
Re: 74.8750: +0.48%
US10yr: 1.94%
GIND10YR: 6.749: +0.84%
$ Index: 96.0780: +
Vix: 28.81: +3.82%
BalticDry: 2,045: +81: +4.12%
*ADR/GDR*
Cogni (-1.26%)
Infy: +2.40%
Wit: +2.32%
IciciBk: +0.45%
HdfcBk: +0.48%
DrRdy (-1.53%)
TataMo (-3.43%)
TatSt (-4.13%)
Axis (-2.81%)
SBI (-1.78%)
RIGD: +0.63%
INDA (-0.56%) (IShares MSCI INDIA ETF)
INDY (-0.30%) (IShares MSCI INDIA 50 ETF)
EPI (-1.08%) (Wisdom Tree India Earning)
PIN (-0.66%) (Invesco India Etf)
*Stocks fell, pushing the S&P 500 into a correction, as the imposition of sanctions against Russia over its Ukraine militancy put further stress on a market that has shown signs of buckling over the Federal Reserve’s efforts to subdue inflation. Ukraine-Russia crisis kept investors on edge after Russian President Vladimir Putin recognized two breakaway regions in the country and ordered troops to the area. The Dow fell for its fourth straight session. The major averages pared losses late in the trading day, however. At its session low, the Dow had lost more than 700 points.*
The S&P 500 declined 1%, bringing its losses from a January high to 10%, as investors weighed the potential damage from sanctions targeting Russia’s elite and sovereign debt abroad. The European Union and U.K. also signaled they are ready to impose further penalties unless Putin changes course. However, the Russian president has denied plans to invade Ukraine.
*Anxieties over the Federal Reserve’s move to raise interest rates – particularly the prospect of a half-point rate hike – have pushed stocks lower in recent weeks. However, the latest escalation in the Russia-Ukraine conflict ultimately threw the S&P 500 into correction territory.*
Markets in the U.S. were closed Monday in observance of the Presidents Day holiday, with trade on Tuesday providing the first opportunity for investors to react to developments in Eastern Europe.
On Friday, the Dow, S&P 500 and Nasdaq Composite logged a second straight weekly decline. A so-called death cross crystallized in the Nasdaq, a bearish chart pattern.
*What drove the market?*
*The S&P 500’s fall left it 10.3% below its record close on Jan. 3. The S&P 500 on Tuesday fell into a correction for the first time in two years, joining the Nasdaq Composite, as Russia sent troops into pro-Russian regions in Ukraine. A correction is commonly defined by market technicians as a fall of at least 10% (but not greater than 20%) from a recent peak. The last time the S&P 500 entered a correction was Feb. 27, 2020, when the market was being whipsawed by fears about the outbreak of the COVID pandemic.*
*The good news for market participants is that history suggests that the market tends to eventually bounce back after the broad-market benchmark suffers a correction, gauged by data backdated to 1928.*
*Of the past 20 corrections that have occurred in the S&P 500, including those that have morphed into a bear market, defined as a 20% decline from a recent peak, the S&P 500 has ended higher 70% of the time.*
Sentiment soured in the U.S. stock market after Putin ordered forces Monday into separatist regions of eastern Ukraine, raising fears that an invasion was about to materialize.
*Indexes pared losses and ended off their lows of the session after U.S. President Joe Biden announced the first wave of sanctions against Russia, while saying he was hopeful diplomacy is still available.*
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*India Daybook – Stocks in News*
*Tata Power:* Prayagraj Power Generation Company inks MoU with ZaaK Technologies for Upcycling Ash to Sustainable Sand Material (Positive)
*Hero Motocorp:* Joint hand with BPCL for smart EV infrastructure. (Positive)
*Wipro:* Company Invests in vFunction with aim of augment Cloud Services’ capabilities and advance cloud native modernization (Positive)
*Sigachi Ind:* Long Term rating to CARE A- from CARE BBB. (Positive)
*DBL:* Company has been declared as L-l bidder for the tenders floated by the NHAI on Hybrid Annuity basis in the state of Chhattisgarh. (Positive)
*SIS:* Company wins Rs. 225 crores contract from Mahanadi Coalfields. (Positive)
*Chambal:* Promoters bought 75k shares of the company. (Positive)
*Sun Pharma:* Taro to acquire Alchemee, formerly The Proactiv Co (TPC), from Galderma for $90 m (Positive)
*Nykaa:* The company informed that its litigation with L'Oreal S.A. has been settled (Positive)
*Capri Global:* Life Insurance Corporation of India has bought 1.5 lakh equity shares in the company via open market transactions (Positive)
*Crompton Consumer:* Company to acquire controlling stake in *Butterfly Gandhimathi.* Intends to acquire 26% equity shares via open offer at 1433.9/Sh (Positive)
*Elantas Beck:* Profit fell by 26 percent to Rs 16.60 crore versus Rs 22.55 crore profit (Neutral)
*HDFC:* Societe Generale on Tuesday offloaded shares of HDFC worth nearly Rs 1,730 crore through an open market transaction at an average price of Rs 2,436.8 apiece. (Neutral)
*Dhani Services:* Baillie Gifford Pacific Fund A Sub Fund of Baillie Gifford Overseas Growth Funds ICVC sold 94,32,397 equity shares in the company . (Negative)
*Mahindra CIE:* Profit fell 28 percent to Rs 80 crore versus compared to Rs 112 crore profit YoY (Negative)
*Carborundum:* HDFC Asset Management Company sold 1.1 lakh equity shares in the company (Negative)
By: via @AlliesFin Serve Stock Market
*Tata Power:* Prayagraj Power Generation Company inks MoU with ZaaK Technologies for Upcycling Ash to Sustainable Sand Material (Positive)
*Hero Motocorp:* Joint hand with BPCL for smart EV infrastructure. (Positive)
*Wipro:* Company Invests in vFunction with aim of augment Cloud Services’ capabilities and advance cloud native modernization (Positive)
*Sigachi Ind:* Long Term rating to CARE A- from CARE BBB. (Positive)
*DBL:* Company has been declared as L-l bidder for the tenders floated by the NHAI on Hybrid Annuity basis in the state of Chhattisgarh. (Positive)
*SIS:* Company wins Rs. 225 crores contract from Mahanadi Coalfields. (Positive)
*Chambal:* Promoters bought 75k shares of the company. (Positive)
*Sun Pharma:* Taro to acquire Alchemee, formerly The Proactiv Co (TPC), from Galderma for $90 m (Positive)
*Nykaa:* The company informed that its litigation with L'Oreal S.A. has been settled (Positive)
*Capri Global:* Life Insurance Corporation of India has bought 1.5 lakh equity shares in the company via open market transactions (Positive)
*Crompton Consumer:* Company to acquire controlling stake in *Butterfly Gandhimathi.* Intends to acquire 26% equity shares via open offer at 1433.9/Sh (Positive)
*Elantas Beck:* Profit fell by 26 percent to Rs 16.60 crore versus Rs 22.55 crore profit (Neutral)
*HDFC:* Societe Generale on Tuesday offloaded shares of HDFC worth nearly Rs 1,730 crore through an open market transaction at an average price of Rs 2,436.8 apiece. (Neutral)
*Dhani Services:* Baillie Gifford Pacific Fund A Sub Fund of Baillie Gifford Overseas Growth Funds ICVC sold 94,32,397 equity shares in the company . (Negative)
*Mahindra CIE:* Profit fell 28 percent to Rs 80 crore versus compared to Rs 112 crore profit YoY (Negative)
*Carborundum:* HDFC Asset Management Company sold 1.1 lakh equity shares in the company (Negative)
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Stocks Decline as Biden Proposes Russia Sanctions: Markets Wrap
Stocks fell, pushing the S&P 500 into a correction, as the imposition of sanctions against Russia over its Ukraine militancy put further stress on a market that has shown signs of buckling over the Federal Reserve’s efforts to subdue inflation.
The S&P 500 declined 1%, bringing its losses from a January high to 10%, as investors weighed the potential damage from sanctions targeting Russia’s elite and sovereign debt abroad. The European Union and U.K. also signaled they are ready to impose further penalties unless Putin changes course. However, the Russian president has denied plans to invade Ukraine.
Gold was little changed, the dollar was flat and benchmark Treasury yields drifted at 1.92%. In European trading, the Stoxx 600 Index fell as much as 2% before recovering losses.
Read more: Here’s What Western Allies Hit in First Wave of Russia Sanctions
Biden said the U.S. was working closely with Germany on halting the Nord Stream 2 pipeline, which sent European natural gas futures 11% higher earlier in the session. He also said the administration was monitoring the energy sector as the threat of disrupted supplies has kept oil prices elevated. West Texas Intermediate crude traded close to $92 a barrel.
“The stock market is right to be concerned about current tensions between Russia and Ukraine, which run the risk of exacerbating the challenging inflation backdrop that many investors and companies have expected to improve in the back half of 2022,” wrote RBC Capital Markets’ Lori Calvasina. “The bad news is that the investment community still appears to be in the early days of understanding the potential implications of this conflict.”
Geopolitical risks have already led investors to pare bets on how aggressively the Federal Reserve may tighten monetary policy this year to fight inflation.
“The market had gotten way ahead of itself in terms of expecting Fed rate hikes and now we have this heightened political risk that’s going to mean potentially tighter financial conditions, and that means a slower process of rate increases from the Fed and probably a flatter yield curve,” Charles Schwab’s Kathy Jones said on Bloomberg TV Tuesday.
Markit manufacturing and services PMI data beat estimates, suggesting recent growth concerns have been driven by the omicron variant. Still, U.S. consumer confidence is at its lowest since September.
“The market is worried about a lot of different things and it certainly doesn’t want to be thinking about Russia/Ukraine on top,” Marko Papic, partner and chief strategist at Clocktower Group, said. “It’s a catalyst for further selloff.”
Read More
Goldman Team Says S&P May Drop 6% if Ukraine Conflict Worsens
Putin Orders Forces to Separatist Areas of Ukraine After Decree
*Here are some events to watch this week :*
New Zealand rate decision Wednesday
BOE Governor Andrew Bailey appears before the Treasury Committee Wednesday
Bank of Korea policy decision Thursday
EIA crude oil inventory report Thursday
Fed officials Loretta Mester and Raphael Bostic speak Thursday
U.S. new home sales, GDP, initial jobless claims Thursday
U.S. consumer income, U.S. durable goods, PCE deflator, University of Michigan consumer sentiment Friday
*Some of the main moves in markets :*
*Stocks :*
The S&P 500 fell 1% as of 4:01 p.m. New York time
The Nasdaq 100 fell 1%
The Dow Jones Industrial Average fell 1.4%
The MSCI World index fell 0.9%
*Currencies :*
The Bloomberg Dollar Spot Index was little changed
The euro rose 0.2% to $1.1328
The British pound fell 0.1% to $1.3588
The Japanese yen fell 0.3% to 115.03 per dollar
*Bonds :*
The yield on 10-year Treasuries rose to 9bps at 1.94%
Germany’s 10-year yield advanced four basis points to 0.24%
Britain’s 10-year yield advanced six basis points to 1.47%
*Commodities :*
West Texas Intermediate crude rose 1.4% to $92.35 a barrel
By: via @AlliesFin Serve Stock Market
Stocks fell, pushing the S&P 500 into a correction, as the imposition of sanctions against Russia over its Ukraine militancy put further stress on a market that has shown signs of buckling over the Federal Reserve’s efforts to subdue inflation.
The S&P 500 declined 1%, bringing its losses from a January high to 10%, as investors weighed the potential damage from sanctions targeting Russia’s elite and sovereign debt abroad. The European Union and U.K. also signaled they are ready to impose further penalties unless Putin changes course. However, the Russian president has denied plans to invade Ukraine.
Gold was little changed, the dollar was flat and benchmark Treasury yields drifted at 1.92%. In European trading, the Stoxx 600 Index fell as much as 2% before recovering losses.
Read more: Here’s What Western Allies Hit in First Wave of Russia Sanctions
Biden said the U.S. was working closely with Germany on halting the Nord Stream 2 pipeline, which sent European natural gas futures 11% higher earlier in the session. He also said the administration was monitoring the energy sector as the threat of disrupted supplies has kept oil prices elevated. West Texas Intermediate crude traded close to $92 a barrel.
“The stock market is right to be concerned about current tensions between Russia and Ukraine, which run the risk of exacerbating the challenging inflation backdrop that many investors and companies have expected to improve in the back half of 2022,” wrote RBC Capital Markets’ Lori Calvasina. “The bad news is that the investment community still appears to be in the early days of understanding the potential implications of this conflict.”
Geopolitical risks have already led investors to pare bets on how aggressively the Federal Reserve may tighten monetary policy this year to fight inflation.
“The market had gotten way ahead of itself in terms of expecting Fed rate hikes and now we have this heightened political risk that’s going to mean potentially tighter financial conditions, and that means a slower process of rate increases from the Fed and probably a flatter yield curve,” Charles Schwab’s Kathy Jones said on Bloomberg TV Tuesday.
Markit manufacturing and services PMI data beat estimates, suggesting recent growth concerns have been driven by the omicron variant. Still, U.S. consumer confidence is at its lowest since September.
“The market is worried about a lot of different things and it certainly doesn’t want to be thinking about Russia/Ukraine on top,” Marko Papic, partner and chief strategist at Clocktower Group, said. “It’s a catalyst for further selloff.”
Read More
Goldman Team Says S&P May Drop 6% if Ukraine Conflict Worsens
Putin Orders Forces to Separatist Areas of Ukraine After Decree
*Here are some events to watch this week :*
New Zealand rate decision Wednesday
BOE Governor Andrew Bailey appears before the Treasury Committee Wednesday
Bank of Korea policy decision Thursday
EIA crude oil inventory report Thursday
Fed officials Loretta Mester and Raphael Bostic speak Thursday
U.S. new home sales, GDP, initial jobless claims Thursday
U.S. consumer income, U.S. durable goods, PCE deflator, University of Michigan consumer sentiment Friday
*Some of the main moves in markets :*
*Stocks :*
The S&P 500 fell 1% as of 4:01 p.m. New York time
The Nasdaq 100 fell 1%
The Dow Jones Industrial Average fell 1.4%
The MSCI World index fell 0.9%
*Currencies :*
The Bloomberg Dollar Spot Index was little changed
The euro rose 0.2% to $1.1328
The British pound fell 0.1% to $1.3588
The Japanese yen fell 0.3% to 115.03 per dollar
*Bonds :*
The yield on 10-year Treasuries rose to 9bps at 1.94%
Germany’s 10-year yield advanced four basis points to 0.24%
Britain’s 10-year yield advanced six basis points to 1.47%
*Commodities :*
West Texas Intermediate crude rose 1.4% to $92.35 a barrel
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Mkt. Updates :*
*SGX Nifty +139 pts (17200) from last trade 17061 ,*
Nikkei clsd ,
Hangseng +98 pts ,
Now @6.54am .
Dow -482.57 pts ,Nsdq -166.55 pts, S&P
-44.11 pts , Bovespa +1166 pts , Ftse +9 pts , Dax -38 pts , Cac -0.74 pts , Crude @ $92.35 brl (+0.00), Brent @ $96.50 brl (+1.11) , Gold @ 1901.30 (-6.30), Silver @ $24.175 (-0.13), Euro @ $1.1329, JPY @ $115.09, INR @ 74.635
*US GOVT. 10-YEAR YIELD : 1.94%*
*Today's Corporate Action, 23 Feb Ex Date :*
ASHIANA
Interim Dividend - Rs. - 0.4000
BDL
Interim Dividend - Rs. - 7.3000
DCMSRMIND
Interim Dividend - Rs. - 1.0000
HIKAL
Interim Dividend - Rs. - 1.2000
JBCHEPHARM
Interim Dividend - Rs. - 8.5000
MODISNME
Interim Dividend - Rs. - 1.0000
PARENTLD
E.G.M.
STARLENT
Interim Dividend - Rs. - 0.0100
*Today's Key Results/Board Meetings, 23-Feb-21 :*
GAMMONIND
Quarterly Results
GOGIACAP
General
SANOFI
Audited Results;Final Dividend
*SEC. IN F&O BAN FOR, 23 FEB, 2022 :*
*1. ESCORTS 2. IBULHSGFIN 3. PNB*
*ADDITION : IBULHSGFIN*
*DELETION : NIL*
By: via @AlliesFin Serve Stock Market
*SGX Nifty +139 pts (17200) from last trade 17061 ,*
Nikkei clsd ,
Hangseng +98 pts ,
Now @6.54am .
Dow -482.57 pts ,Nsdq -166.55 pts, S&P
-44.11 pts , Bovespa +1166 pts , Ftse +9 pts , Dax -38 pts , Cac -0.74 pts , Crude @ $92.35 brl (+0.00), Brent @ $96.50 brl (+1.11) , Gold @ 1901.30 (-6.30), Silver @ $24.175 (-0.13), Euro @ $1.1329, JPY @ $115.09, INR @ 74.635
*US GOVT. 10-YEAR YIELD : 1.94%*
*Today's Corporate Action, 23 Feb Ex Date :*
ASHIANA
Interim Dividend - Rs. - 0.4000
BDL
Interim Dividend - Rs. - 7.3000
DCMSRMIND
Interim Dividend - Rs. - 1.0000
HIKAL
Interim Dividend - Rs. - 1.2000
JBCHEPHARM
Interim Dividend - Rs. - 8.5000
MODISNME
Interim Dividend - Rs. - 1.0000
PARENTLD
E.G.M.
STARLENT
Interim Dividend - Rs. - 0.0100
*Today's Key Results/Board Meetings, 23-Feb-21 :*
GAMMONIND
Quarterly Results
GOGIACAP
General
SANOFI
Audited Results;Final Dividend
*SEC. IN F&O BAN FOR, 23 FEB, 2022 :*
*1. ESCORTS 2. IBULHSGFIN 3. PNB*
*ADDITION : IBULHSGFIN*
*DELETION : NIL*
By: via @AlliesFin Serve Stock Market
Tuesday, 22 February 2022
@AlliesFin Serve Stock Market's Post
*Fed Governor Michelle Bowman on Monday suggested that a half percentage-point increase in interest rates could be on the table next month if incoming readings on inflation come in too high.*
*The Fed’s key inflation metric accelerated to a fresh four-decade high in January, a report this week is forecast to show, which would bolster the case for higher rates.*
*European markets closed lower on Monday as investors monitored the Russia-Ukraine situation and unexpectedly strong economic data from the euro zone and U.K.*
In corporate news, *Credit Suisse* said on Sunday that it “strongly rejects” allegations published following a coordinated global media investigation into a mass leak of its client data over previous decades. The leaked information was purported to contain human rights abusers and businessmen under sanctions.
The Swiss lender said the information published by the Organized Crime and Corruption Reporting Project and 46 other news organizations was based on “partial, inaccurate, or selective information taken out of context.” Credit Suisse shares fell 3%.
*On the data front, IHS Markit’s flash euro area composite PMI (purchasing managers’ index) reading, seen as a reliable gauge of overall economic health, came in at a five-month high of 55.8 in February despite record rises in consumer prices.*
*The figure significantly outpaced the 52.7 forecast in a Reuters poll and the 52.3 seen in January.*
*The U.K.’s composite PMI came in at an eight-month high of 60.2 in February, up from 54.2 in January and well above forecasts.*
*The strength of the readings raises expectations that central banks will need to hike rates more sharply than previously anticipated as inflation continues to soar.*
*Here are some events to watch this week:*
China property prices, loan prime rates Monday
New Zealand rate decision Wednesday
BOE Governor Andrew Bailey appears before the Treasury Committee Wednesday
Bank of Korea policy decision Thursday
EIA crude oil inventory report Thursday
Fed officials Loretta Mester and Raphael Bostic speak Thursday
U.S. new home sales, GDP, initial jobless claims Thursday
U.S. consumer income, U.S. durable goods, PCE deflator, University of Michigan consumer sentiment Friday
*Currencies*
The Bloomberg Dollar Spot Index was little changed
The euro was little changed at $1.1317
The British pound rose 0.1% to $1.3604
The Japanese yen rose 0.2% to 114.82 per dollar
The offshore yuan was little changed at 6.3264 per dollar
*Bonds*
Germany’s 10-year yield advanced one basis point to 0.21%
Britain’s 10-year yield advanced three basis points to 1.41%
*Commodities*
West Texas Intermediate crude rose 3.2% to $93.95 a barrel
Gold futures rose 0.3% to $1,906.20 an ounce
By: via @AlliesFin Serve Stock Market
*The Fed’s key inflation metric accelerated to a fresh four-decade high in January, a report this week is forecast to show, which would bolster the case for higher rates.*
*European markets closed lower on Monday as investors monitored the Russia-Ukraine situation and unexpectedly strong economic data from the euro zone and U.K.*
In corporate news, *Credit Suisse* said on Sunday that it “strongly rejects” allegations published following a coordinated global media investigation into a mass leak of its client data over previous decades. The leaked information was purported to contain human rights abusers and businessmen under sanctions.
The Swiss lender said the information published by the Organized Crime and Corruption Reporting Project and 46 other news organizations was based on “partial, inaccurate, or selective information taken out of context.” Credit Suisse shares fell 3%.
*On the data front, IHS Markit’s flash euro area composite PMI (purchasing managers’ index) reading, seen as a reliable gauge of overall economic health, came in at a five-month high of 55.8 in February despite record rises in consumer prices.*
*The figure significantly outpaced the 52.7 forecast in a Reuters poll and the 52.3 seen in January.*
*The U.K.’s composite PMI came in at an eight-month high of 60.2 in February, up from 54.2 in January and well above forecasts.*
*The strength of the readings raises expectations that central banks will need to hike rates more sharply than previously anticipated as inflation continues to soar.*
*Here are some events to watch this week:*
China property prices, loan prime rates Monday
New Zealand rate decision Wednesday
BOE Governor Andrew Bailey appears before the Treasury Committee Wednesday
Bank of Korea policy decision Thursday
EIA crude oil inventory report Thursday
Fed officials Loretta Mester and Raphael Bostic speak Thursday
U.S. new home sales, GDP, initial jobless claims Thursday
U.S. consumer income, U.S. durable goods, PCE deflator, University of Michigan consumer sentiment Friday
*Currencies*
The Bloomberg Dollar Spot Index was little changed
The euro was little changed at $1.1317
The British pound rose 0.1% to $1.3604
The Japanese yen rose 0.2% to 114.82 per dollar
The offshore yuan was little changed at 6.3264 per dollar
*Bonds*
Germany’s 10-year yield advanced one basis point to 0.21%
Britain’s 10-year yield advanced three basis points to 1.41%
*Commodities*
West Texas Intermediate crude rose 3.2% to $93.95 a barrel
Gold futures rose 0.3% to $1,906.20 an ounce
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*The rouble fell to as low as 80.0650 against the dollar during Putin's lengthy televised address to the Russian nation but pared some losses as Putin announced his decision, which he said would find support among Russian people.*
*The sharp drop in the rouble from levels around 70 to the greenback seen just four months ago is expected to fuel already high inflation, one of the main concerns among Russians, which would dent the country's already falling living standards.*
No Russian assets were left unscathed, with stocks cascading to their lowest since early November 2020 and bond yields, which move inversely to prices, soaring to their highest since January 2016.
Goldman Sachs analysts said it now seemed plausible that geopolitical risks in the Ukraine-Russia standoff were starting to have a meaningful impact on global assets.
The prospect of a possible summit between Putin and U.S. President Joe Biden, as well as upcoming talks between the United States and Russia's top diplomats on Feb. 24, had given investors a glimmer of hope earlier in the session.
Despite Moscow's repeated denials of Western statements saying that it plans to invade neighbouring Ukraine, Russian assets have been hammered by fears of a military conflict that would almost certainly trigger sweeping new Western sanctions against Moscow.
Washington has prepared an initial package of sanctions against Russia that includes barring U.S. financial institutions from processing transactions for major Russian banks, three people familiar with the matter told Reuters.
Oil major Rosneft's shares also dropped 13.3%.
*A White House official told NBC News said that Biden spoke to Ukrainian President Volodymyr Zelenskyy on Monday afternoon for nearly 40 minutes.*
The dispute is worsening at the same time another potential threat to the global economy -- higher interest rates from central banks, including the Federal Reserve -- looms on the horizon.
*Traders are also keeping an eye on the Federal Reserve, as the U.S. central bank is expected to raise rates multiple times starting next month. According to the CME Group’s FedWatch tool, traders are betting that there is a 100% chance of a Fed rate hike after the March 15-16 meeting.*
*Expectations of tighter monetary policy have put pressure on stocks, particularly those in rate-sensitive sectors like tech, and have sent Treasury yield sharply higher to start 2022. The benchmark 10-year Treasury yield ended last week around 1.93% after briefly breaking above 2%. The 10-year began 2022 trading at around 1.51%.*
*Meanwhile, Wall Street is preparing for the tail-end of the corporate earnings season, with Home Depot and eBay among the companies set to report this week. It has been a solid earnings season thus far: Of the more than 400 S&P 500 companies that have posted fourth-quarter earnings, 77.7% have beaten analyst expectations, according to FactSet.*
“In addition to the concerns about the Fed’s ability to fight inflation, the specter of war has been added to investors’ plate,” Paul Nolte, portfolio manager at Kingsview Investment Management, wrote in a report Monday. “It may be a bit easier to handicap the Fed than it will to guess what Putin will do. Volatility will likely continue to be the norm into the second quarter.”
Futures on 10-year U.S. Treasuries rose, suggesting renewed demand for a haven; the notes themselves aren’t trading Monday because of the U.S. holiday. Crude oil futures rose.
The Ukraine standoff coupled with worry that tightening Fed monetary policy could choke growth in the world’s biggest economy raise the likelihood of more swings in markets in an already volatile year.
“Global data and central banks’ stance on tightening are all taking a back seat to Ukraine, with markets nervously awaiting the next headline,” said Su-Lin Ong, head of Australian economic and fixed-income strategy at Royal Bank of Canada. “Thinner liquidity because of the U.S. holiday adds to the anxiety.”
By: via @AlliesFin Serve Stock Market
*The sharp drop in the rouble from levels around 70 to the greenback seen just four months ago is expected to fuel already high inflation, one of the main concerns among Russians, which would dent the country's already falling living standards.*
No Russian assets were left unscathed, with stocks cascading to their lowest since early November 2020 and bond yields, which move inversely to prices, soaring to their highest since January 2016.
Goldman Sachs analysts said it now seemed plausible that geopolitical risks in the Ukraine-Russia standoff were starting to have a meaningful impact on global assets.
The prospect of a possible summit between Putin and U.S. President Joe Biden, as well as upcoming talks between the United States and Russia's top diplomats on Feb. 24, had given investors a glimmer of hope earlier in the session.
Despite Moscow's repeated denials of Western statements saying that it plans to invade neighbouring Ukraine, Russian assets have been hammered by fears of a military conflict that would almost certainly trigger sweeping new Western sanctions against Moscow.
Washington has prepared an initial package of sanctions against Russia that includes barring U.S. financial institutions from processing transactions for major Russian banks, three people familiar with the matter told Reuters.
Oil major Rosneft's shares also dropped 13.3%.
*A White House official told NBC News said that Biden spoke to Ukrainian President Volodymyr Zelenskyy on Monday afternoon for nearly 40 minutes.*
The dispute is worsening at the same time another potential threat to the global economy -- higher interest rates from central banks, including the Federal Reserve -- looms on the horizon.
*Traders are also keeping an eye on the Federal Reserve, as the U.S. central bank is expected to raise rates multiple times starting next month. According to the CME Group’s FedWatch tool, traders are betting that there is a 100% chance of a Fed rate hike after the March 15-16 meeting.*
*Expectations of tighter monetary policy have put pressure on stocks, particularly those in rate-sensitive sectors like tech, and have sent Treasury yield sharply higher to start 2022. The benchmark 10-year Treasury yield ended last week around 1.93% after briefly breaking above 2%. The 10-year began 2022 trading at around 1.51%.*
*Meanwhile, Wall Street is preparing for the tail-end of the corporate earnings season, with Home Depot and eBay among the companies set to report this week. It has been a solid earnings season thus far: Of the more than 400 S&P 500 companies that have posted fourth-quarter earnings, 77.7% have beaten analyst expectations, according to FactSet.*
“In addition to the concerns about the Fed’s ability to fight inflation, the specter of war has been added to investors’ plate,” Paul Nolte, portfolio manager at Kingsview Investment Management, wrote in a report Monday. “It may be a bit easier to handicap the Fed than it will to guess what Putin will do. Volatility will likely continue to be the norm into the second quarter.”
Futures on 10-year U.S. Treasuries rose, suggesting renewed demand for a haven; the notes themselves aren’t trading Monday because of the U.S. holiday. Crude oil futures rose.
The Ukraine standoff coupled with worry that tightening Fed monetary policy could choke growth in the world’s biggest economy raise the likelihood of more swings in markets in an already volatile year.
“Global data and central banks’ stance on tightening are all taking a back seat to Ukraine, with markets nervously awaiting the next headline,” said Su-Lin Ong, head of Australian economic and fixed-income strategy at Royal Bank of Canada. “Thinner liquidity because of the U.S. holiday adds to the anxiety.”
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
namaste!!!
Global Markets update...
#AlliesFin
*Provisional Cash Rs. In Crs. (21st Feb)*
FIIS : -2,262 (4,160-6,422)
DIIS : +2,393 (6,187-3,794)
Sensex: 57,684 (-149) (-0.26%)
Nifty: 17,207 (-70) (-0.40%)
Dow: 34,079 (-233) (-0.68%):shut
S&P: 4,349 (-31) (-0.72%): shut
Nas: 13,548 (-169) (-1.23%): shut
Brazil: 111,725 (-1,155) (-1.02%)
Ftse: 7,484 (-29) (-0.39%)
Dax: 14,731 (-311) (-2.07%)
Cac: 6,788 (-141) (-2.04%)
WTI Oil: $93.95: +3.16%
Brnt: $97.30: +4.02%
Gold: $1,906: +6: +0.34%
Silver: $24.02 (-0.07%)
Copper: $449 (-4) (-0.80%)
Zinc: 3,576 (-31) (-0.85%)
Alluminum: 3,263 (-6) (-0.17%)
Eur-$: 1.1309
GBP-$: 1.3601
Jpy-$: 114.72
Re: 74.5150 (-0.20%)
US10yr: 1.93%
GIND10YR: 6.693: +0.45%
$ Index: 96.1280: +0.09%
Vix: 27.75 (-1.28%): shut
BalticDry: 1,964: +78: +4.14%
*ADR/GDR*
Cogni: shut
Infy: shut
Wit : shut
IciciBk: shut
HdfcBk: shut
DrRdy: shut
TataMo: shut
TatSt (-0.63%)
Axis: +0.38%
SBI (-0.30%)
RIGD (-1.01%)
INDA () (IShares MSCI INDIA ETF)
INDY: +0.19% (IShares MSCI INDIA 50 ETF)
EPI (-0.11%) (Wisdom Tree India Earning)
PIN: +0.23% (Invesco India Etf)
*Dow futures drop more than 400 points as tensions between Russia and Ukraine brew*
*Futures tied to the Dow Jones Industrial Average were down by 454 points, or 1.3%. S&P 500 futures slid 1.7%, and Nasdaq 100 futures were off by 2.4%.*
*Russian President Vladimir Putin said Monday that he would recognize the independence of two breakaway regions in Ukraine, potentially undercutting peace talks with President Joe Biden. That announcement was followed by news that Biden was set to order sanctions on separatist regions of Ukraine, with the European Union vowing to take additional measures.*
*Putin later ordered forces into the two breakaway regions.*
*The news came after the White House said Sunday that Biden has accepted “in principle” to meet with Putin in yet another effort to deescalate the Russia-Ukraine situation via diplomacy. White House press secretary Jen Psaki said the summit between the two leaders would occur after a meeting between Secretary of State Antony Blinken and his Russian counterpart Sergey Lavrov.*
Stocks and index futures slumped as the standoff over Ukraine appeared to worsen. Russian stocks sank the most since the 2008 global financial crisis, and the ruble weakened a third straight day.
Futures on the S&P 500 and Nasdaq 100 retreated as the U.S. stock market was shut for a holiday. The Stoxx Europe 600 index fell to the lowest level since October. *The MOEX Russia Index plunged as much as 14%.*
After those markets closed for the day, Euro Stoxx 50 futures extended its decline to more than 4% after Russian President Vladimir Putin recognized the self-proclaimed separatist republics that his country backs in eastern Ukraine. That intensified tension with the West as the U.S. warns Moscow plans an invasion of its neighbor.
The rouble tanked on Monday, slipping past 80 against the dollar, while stocks plunged to their lowest in over a year as Russian President Vladimir Putin called for the immediate recognition of two breakaway regions in eastern Ukraine.
During his hour-long televised remarks, Putin aired historical grievances against NATO and the U.S. and accused Western governments of hostile activities that threaten Russian security. Putin also made the case for involvement in the region to the Russian people.
“I deem it necessary to make a decision that should have been made a long time ago and to immediately recognize the independence and sovereignty of Donetsk People’s Republic and Luhansk People’s Republic,” Putin said.
Ahead of Putin’s address, the Kremlin said that the Russian president discussed his decision with French President Emmanuel Macron and German Chancellor Olaf Scholz. Both leaders expressed their disappointment with Putin’s decision but indicated their readiness to continue diplomatic talks, the Kremlin added.
By: via @AlliesFin Serve Stock Market
Global Markets update...
#AlliesFin
*Provisional Cash Rs. In Crs. (21st Feb)*
FIIS : -2,262 (4,160-6,422)
DIIS : +2,393 (6,187-3,794)
Sensex: 57,684 (-149) (-0.26%)
Nifty: 17,207 (-70) (-0.40%)
Dow: 34,079 (-233) (-0.68%):shut
S&P: 4,349 (-31) (-0.72%): shut
Nas: 13,548 (-169) (-1.23%): shut
Brazil: 111,725 (-1,155) (-1.02%)
Ftse: 7,484 (-29) (-0.39%)
Dax: 14,731 (-311) (-2.07%)
Cac: 6,788 (-141) (-2.04%)
WTI Oil: $93.95: +3.16%
Brnt: $97.30: +4.02%
Gold: $1,906: +6: +0.34%
Silver: $24.02 (-0.07%)
Copper: $449 (-4) (-0.80%)
Zinc: 3,576 (-31) (-0.85%)
Alluminum: 3,263 (-6) (-0.17%)
Eur-$: 1.1309
GBP-$: 1.3601
Jpy-$: 114.72
Re: 74.5150 (-0.20%)
US10yr: 1.93%
GIND10YR: 6.693: +0.45%
$ Index: 96.1280: +0.09%
Vix: 27.75 (-1.28%): shut
BalticDry: 1,964: +78: +4.14%
*ADR/GDR*
Cogni: shut
Infy: shut
Wit : shut
IciciBk: shut
HdfcBk: shut
DrRdy: shut
TataMo: shut
TatSt (-0.63%)
Axis: +0.38%
SBI (-0.30%)
RIGD (-1.01%)
INDA () (IShares MSCI INDIA ETF)
INDY: +0.19% (IShares MSCI INDIA 50 ETF)
EPI (-0.11%) (Wisdom Tree India Earning)
PIN: +0.23% (Invesco India Etf)
*Dow futures drop more than 400 points as tensions between Russia and Ukraine brew*
*Futures tied to the Dow Jones Industrial Average were down by 454 points, or 1.3%. S&P 500 futures slid 1.7%, and Nasdaq 100 futures were off by 2.4%.*
*Russian President Vladimir Putin said Monday that he would recognize the independence of two breakaway regions in Ukraine, potentially undercutting peace talks with President Joe Biden. That announcement was followed by news that Biden was set to order sanctions on separatist regions of Ukraine, with the European Union vowing to take additional measures.*
*Putin later ordered forces into the two breakaway regions.*
*The news came after the White House said Sunday that Biden has accepted “in principle” to meet with Putin in yet another effort to deescalate the Russia-Ukraine situation via diplomacy. White House press secretary Jen Psaki said the summit between the two leaders would occur after a meeting between Secretary of State Antony Blinken and his Russian counterpart Sergey Lavrov.*
Stocks and index futures slumped as the standoff over Ukraine appeared to worsen. Russian stocks sank the most since the 2008 global financial crisis, and the ruble weakened a third straight day.
Futures on the S&P 500 and Nasdaq 100 retreated as the U.S. stock market was shut for a holiday. The Stoxx Europe 600 index fell to the lowest level since October. *The MOEX Russia Index plunged as much as 14%.*
After those markets closed for the day, Euro Stoxx 50 futures extended its decline to more than 4% after Russian President Vladimir Putin recognized the self-proclaimed separatist republics that his country backs in eastern Ukraine. That intensified tension with the West as the U.S. warns Moscow plans an invasion of its neighbor.
The rouble tanked on Monday, slipping past 80 against the dollar, while stocks plunged to their lowest in over a year as Russian President Vladimir Putin called for the immediate recognition of two breakaway regions in eastern Ukraine.
During his hour-long televised remarks, Putin aired historical grievances against NATO and the U.S. and accused Western governments of hostile activities that threaten Russian security. Putin also made the case for involvement in the region to the Russian people.
“I deem it necessary to make a decision that should have been made a long time ago and to immediately recognize the independence and sovereignty of Donetsk People’s Republic and Luhansk People’s Republic,” Putin said.
Ahead of Putin’s address, the Kremlin said that the Russian president discussed his decision with French President Emmanuel Macron and German Chancellor Olaf Scholz. Both leaders expressed their disappointment with Putin’s decision but indicated their readiness to continue diplomatic talks, the Kremlin added.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*MKT. UPDATES :*
SGX Nifty -200 pts (17008) from last trade 17208 ,
Nikkei -496 pts ,
Hangseng -478 pts ,
Now @6.55am .
US Mkt Clsd , Bovespa -1154 pts , Ftse -29 pts , Dax -311 pts , Cac -141 pts , Crude @ $93.93 brl (+2.93), Brent @ $95.39 brl (+0.00) , Gold @ 1911.80 (+12.10), Silver @ $24.035 (+0.04), Euro @ $1.1312, JPY @ $114.58, INR @ 74.505
US GOVT. 10-YEAR YIELD : 1.87%
Today's Corporate Action, 22 Feb Ex Date
AKZOINDIA
Interim Dividend - Rs. - 40.0000
GGL
E.G.M.
GRSE
Interim Dividend - Rs. - 4.9500
HGS
Bonus issue 1:1
HGS
Interim Dividend - Rs. - 28.0000
MAYURUNIQ
Buy Back of Shares
MSTC
Interim Dividend - Rs. - 6.5000
NCLIND
Interim Dividend - Rs. - 1.5000
NEAGI
Interim Dividend - Rs. - 10.0000
NHPC
Interim Dividend - Rs. - 1.3100
OIL
Interim Dividend - Rs. - 5.7500
SBC
Bonus issue 1:1
SBC
Stock Split From Rs.10/- to Rs.1/-
SUPRAJIT
Interim Dividend - Rs. - 0.9000
TCS
Buy Back of Shares
TRENT
Interim Dividend - Rs. - 0.6000
*Today's Key Results/Board Meetings, 22-Feb-21 :*
ADJIA
General
ELANTAS
Audited Results;Dividend
MAHINDCIE
Audited Results;Final Dividend;Quarterly Results
TANAA
Interim Dividend
*SEC. IN F&O BAN FOR, 22 FEB 2022 :*
*1. ESCORTS 2. PNB*
*ADDITION : NIL*
*DELETION : IBULHSGFIN*
*Today's Alert :*
*RBI to Conduct Auction of SDLS BONDS for INR 122 Billion*
By: via @AlliesFin Serve Stock Market
SGX Nifty -200 pts (17008) from last trade 17208 ,
Nikkei -496 pts ,
Hangseng -478 pts ,
Now @6.55am .
US Mkt Clsd , Bovespa -1154 pts , Ftse -29 pts , Dax -311 pts , Cac -141 pts , Crude @ $93.93 brl (+2.93), Brent @ $95.39 brl (+0.00) , Gold @ 1911.80 (+12.10), Silver @ $24.035 (+0.04), Euro @ $1.1312, JPY @ $114.58, INR @ 74.505
US GOVT. 10-YEAR YIELD : 1.87%
Today's Corporate Action, 22 Feb Ex Date
AKZOINDIA
Interim Dividend - Rs. - 40.0000
GGL
E.G.M.
GRSE
Interim Dividend - Rs. - 4.9500
HGS
Bonus issue 1:1
HGS
Interim Dividend - Rs. - 28.0000
MAYURUNIQ
Buy Back of Shares
MSTC
Interim Dividend - Rs. - 6.5000
NCLIND
Interim Dividend - Rs. - 1.5000
NEAGI
Interim Dividend - Rs. - 10.0000
NHPC
Interim Dividend - Rs. - 1.3100
OIL
Interim Dividend - Rs. - 5.7500
SBC
Bonus issue 1:1
SBC
Stock Split From Rs.10/- to Rs.1/-
SUPRAJIT
Interim Dividend - Rs. - 0.9000
TCS
Buy Back of Shares
TRENT
Interim Dividend - Rs. - 0.6000
*Today's Key Results/Board Meetings, 22-Feb-21 :*
ADJIA
General
ELANTAS
Audited Results;Dividend
MAHINDCIE
Audited Results;Final Dividend;Quarterly Results
TANAA
Interim Dividend
*SEC. IN F&O BAN FOR, 22 FEB 2022 :*
*1. ESCORTS 2. PNB*
*ADDITION : NIL*
*DELETION : IBULHSGFIN*
*Today's Alert :*
*RBI to Conduct Auction of SDLS BONDS for INR 122 Billion*
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Analysts/Investors Meetings
UltraTech Cement: The company's officials will meet OMERS on February 22.
Dr Lal PathLabs: The company's officials will attend Kotak Chasing Growth conference 2022 on February 22, and will meet Hill Fort Capital & Arihant Capital on February 23.
Ambuja Cements: The company's officials will attend Kotak Conference on February 22 & February 24.
Eicher Motors: The company's officials will attend Kotak Institutional Equities Investor Conference on February 22.
Computer Age Management Services: The company's officials will meet Kotak, SBI Life Insurance & Mondrian Investment on February 22.
Transport Corporation of India: The company's officials will attend Antique Stock Broking Investor conference, and will meet HDFC Mutual Fund on February 22.
Tata Consumer Products: The company's officials will meet Enam Asset Management Company, and will attend Kotak - Chasing Growth 2022 conference on February 22.
Siemens: The company's officials will meet ICICI Prudential Asset Management Company on February 22.
Angel One: The company's officials will meet UBS Securities on February 22; and Motilal Oswal Financial Services on February 22-24.
Ramco Cements: The company's officials will meet White Oak Capital on February 22.
Indian Energy Exchange: The company's officials will meet SBI Life Insurance, UTI AMC, & Skerryvore Asset Management on February 22; Ashmore UK on February 23; and Dalal Broacha on February 24.
Metropolis Healthcare: The company's officials will meet analysts on February 22.
KEC International: The company's officials will meet HDFC Securities on February 22; and Kotak Securities on February 25.
CRISIL: The company's officials will meet IIFLCAP on February 22.
Home First Finance Company: The company's officials will meet analysts on February 22.
Tata Chemicals: The company's officials will attend Antique's Investor Conference on February 23.
Neogen Chemicals: The company's officials will participate Ambit's Chemicals CXO Conclave on February 23.
Trident: The company's officials will meet Philip Capital on February 23.
TTK Prestige: The company's officials will meet investors on February 23.
Gland Pharma: The company's officials will meet Wasatch Advisors on February 23.
JK Cement: The company's officials will attend Kotak Institutional Equities Investor Conference on February 24.
Happiest Minds Technologies: The company's officials will attend Kotak Institutional Equities: Chasing Growth 2022 on February 24.
Allcargo Logistics: The company's officials will attend Antique Annual Investor Conference on February 24.
Nazara Technologies: The company's officials will attend Kotak Conference on February 25.
Can Fin Homes: The company's officials will meet Marcellus Investment Managers on February 28.
By: via @AlliesFin Serve Stock Market
UltraTech Cement: The company's officials will meet OMERS on February 22.
Dr Lal PathLabs: The company's officials will attend Kotak Chasing Growth conference 2022 on February 22, and will meet Hill Fort Capital & Arihant Capital on February 23.
Ambuja Cements: The company's officials will attend Kotak Conference on February 22 & February 24.
Eicher Motors: The company's officials will attend Kotak Institutional Equities Investor Conference on February 22.
Computer Age Management Services: The company's officials will meet Kotak, SBI Life Insurance & Mondrian Investment on February 22.
Transport Corporation of India: The company's officials will attend Antique Stock Broking Investor conference, and will meet HDFC Mutual Fund on February 22.
Tata Consumer Products: The company's officials will meet Enam Asset Management Company, and will attend Kotak - Chasing Growth 2022 conference on February 22.
Siemens: The company's officials will meet ICICI Prudential Asset Management Company on February 22.
Angel One: The company's officials will meet UBS Securities on February 22; and Motilal Oswal Financial Services on February 22-24.
Ramco Cements: The company's officials will meet White Oak Capital on February 22.
Indian Energy Exchange: The company's officials will meet SBI Life Insurance, UTI AMC, & Skerryvore Asset Management on February 22; Ashmore UK on February 23; and Dalal Broacha on February 24.
Metropolis Healthcare: The company's officials will meet analysts on February 22.
KEC International: The company's officials will meet HDFC Securities on February 22; and Kotak Securities on February 25.
CRISIL: The company's officials will meet IIFLCAP on February 22.
Home First Finance Company: The company's officials will meet analysts on February 22.
Tata Chemicals: The company's officials will attend Antique's Investor Conference on February 23.
Neogen Chemicals: The company's officials will participate Ambit's Chemicals CXO Conclave on February 23.
Trident: The company's officials will meet Philip Capital on February 23.
TTK Prestige: The company's officials will meet investors on February 23.
Gland Pharma: The company's officials will meet Wasatch Advisors on February 23.
JK Cement: The company's officials will attend Kotak Institutional Equities Investor Conference on February 24.
Happiest Minds Technologies: The company's officials will attend Kotak Institutional Equities: Chasing Growth 2022 on February 24.
Allcargo Logistics: The company's officials will attend Antique Annual Investor Conference on February 24.
Nazara Technologies: The company's officials will attend Kotak Conference on February 25.
Can Fin Homes: The company's officials will meet Marcellus Investment Managers on February 28.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*India Daybook – Stocks in News*
*NHPC:* The firm said its 120 MW Sewa-II power station in Mashka in Union Territory of Jammu and Kashmir has resumed power generation (Positive)
*Vedanta:* The firm announced it has made an oil discovery in its exploratory well in Rajasthan's Barmer district. (Positive)
*Krsnaa Diagnostics:* Himachal Pradesh gave an order to Krsnaa Diagnostics for providing diagnostic and laboratory services in the state. (Positive)
*Ducon Infratechnologies:* The company said its board will meet on February 25 to consider the proposal for issue of bonus shares. (Positive)
*Hero Motocorp:* Company creates a new role of chief growth officer to leverage emerging opportunities in the post-COVID world (Positive)
*Adani Ent:* India’s Adani in Pact With Ballard Power for Hydrogen Fuel Cells. (Positive)
*CG Power:* Mumbai High Court Dismisses Tax Claim on CG Power (Positive)
*Panacea Biotec:* Partner India govt for Betacoronavirus vaccines (Positive)
*7NR Retail:* The company informed exchanges that it has approved the sub-division of equity shares from face value of Rs 10 each to face value of Re 1 each. (Positive)
*L&T Finance:* Citigroup Global Markets Mauritius sold 5,78,69,992 equity shares in the company (Neutral)
*HDFC Bank:* The SAT has quashed a SEBI order against HDFC Bank, whereby the regulator had imposed a penalty of Rs 1 crore (Neutral)
*IRCTC:* IRCTC has collaborated with BOB Financial Services, a wholly-owned subsidiary of Bank of Baroda (Neutral)
*ICICI Bank:* To take 9.55 in Verve Financial for INR199.9m (Neutral)
*Shankara Building:* Flowering Tree Investment Management Pte Ltd sold 36,000 shares in the company (Neutral)
*Advani Hotels:* Delta Corp sold 5,41,797 equity shares in the company via open market transactions at an average price of Rs 99.4 per share on the NSE. (Negative)
*Indiabulls Housing Finance:* ED has sought some information regarding certain clients. (Negative)
By: via @AlliesFin Serve Stock Market
*NHPC:* The firm said its 120 MW Sewa-II power station in Mashka in Union Territory of Jammu and Kashmir has resumed power generation (Positive)
*Vedanta:* The firm announced it has made an oil discovery in its exploratory well in Rajasthan's Barmer district. (Positive)
*Krsnaa Diagnostics:* Himachal Pradesh gave an order to Krsnaa Diagnostics for providing diagnostic and laboratory services in the state. (Positive)
*Ducon Infratechnologies:* The company said its board will meet on February 25 to consider the proposal for issue of bonus shares. (Positive)
*Hero Motocorp:* Company creates a new role of chief growth officer to leverage emerging opportunities in the post-COVID world (Positive)
*Adani Ent:* India’s Adani in Pact With Ballard Power for Hydrogen Fuel Cells. (Positive)
*CG Power:* Mumbai High Court Dismisses Tax Claim on CG Power (Positive)
*Panacea Biotec:* Partner India govt for Betacoronavirus vaccines (Positive)
*7NR Retail:* The company informed exchanges that it has approved the sub-division of equity shares from face value of Rs 10 each to face value of Re 1 each. (Positive)
*L&T Finance:* Citigroup Global Markets Mauritius sold 5,78,69,992 equity shares in the company (Neutral)
*HDFC Bank:* The SAT has quashed a SEBI order against HDFC Bank, whereby the regulator had imposed a penalty of Rs 1 crore (Neutral)
*IRCTC:* IRCTC has collaborated with BOB Financial Services, a wholly-owned subsidiary of Bank of Baroda (Neutral)
*ICICI Bank:* To take 9.55 in Verve Financial for INR199.9m (Neutral)
*Shankara Building:* Flowering Tree Investment Management Pte Ltd sold 36,000 shares in the company (Neutral)
*Advani Hotels:* Delta Corp sold 5,41,797 equity shares in the company via open market transactions at an average price of Rs 99.4 per share on the NSE. (Negative)
*Indiabulls Housing Finance:* ED has sought some information regarding certain clients. (Negative)
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Business News Headlines*
*Economic Times :*
Ø Hinduja Global Services wins 211-million-pound contract from UK Health Security Agency
Ø Jio's IAX undersea cable system to land in Maldives
Ø BNP Paribas Arbitrage buys L&T Finance Holdings shares worth Rs 413 cr
Ø NSE-BSE Bulk Deals: Delta Corp keeps dumping shares of Advani Hotel
Ø NTPC pays interim dividend of Rs 3,879 cr for 2021-22
Ø CBI quizzes former NSE MD Narain in co-location case
Ø Hero MotoCorp appoints Ranjivjit Singh as Chief Growth Officer
Ø Continental launches new range of tyres for SUVs
Ø Capri Global Capital to enter gold loan business in H1 FY23
Ø Consumer goods companies bet on a sweet and colourful Holi
Ø Jindal Stainless enters into pact with Haryana technical education board to promote tech in steel
Ø Adani Group, Ballard Power sign MoU for hydrogen fuel cell JV
*Business Standard :*
Ø Tata Motors’ domestic biz’s valuation sees a dramatic change
Ø Regular international flights likely to resume from March 15
Ø 'LIC is well-capitalised,' says chairman ahead of mega IPO
Ø Jindal Steel & Power keen on RINL, NMDC's Nagarnar iron and steel plant
Ø IDBI Bank a strategic partner, don't want to exit it fully: LIC chairman
Ø India's Green Hydrogen Policy to benefit RIL, Tata Power the most
Ø Corporate performance: India Inc's profit rises 27% in third quarter
Ø Logistics firm TVS Supply Chain seeks regulatory approval to launch IPO
Ø Mumbai: ED conducts raids at Indiabulls Finance Center
Ø Archean Chemical Industries files paperwork with Sebi to launch IPO
Ø Airtel joins SEA-ME-WE-6 cable consortium; anchoring 20% investment
*Financial Express :*
Ø CEPA will safeguard farmers, boost food processing sectors: Goyal
Ø Skymet predicts ‘normal’ monsoon in 2022
Ø Novelis to build $50 million recycling, casting centre in South Korea
Ø Fortis Healthcare matter: Former official settles case with Sebi
Ø PMJJBY policyholders eligible for LIC IPO at discount
Ø LIC listing being fast-tracked: Dipam secretary Tuhin Kanta Pandey
Ø Sebi’s SCORES platform receives 3,420 complaints in Jan; fixes 3,263
Ø DPIIT to soon approach Cabinet on FDI proposal for LIC: Secretary
Ø ‘Proposal to replace old SEZ law both timely and important’
Ø Govt prepared to deal with any global development: FM Sitharaman
Ø Promoter pledging inches up in December quarter
Ø LIC largest holder of G-secs, equities, household savings: Report
By: via @AlliesFin Serve Stock Market
*Economic Times :*
Ø Hinduja Global Services wins 211-million-pound contract from UK Health Security Agency
Ø Jio's IAX undersea cable system to land in Maldives
Ø BNP Paribas Arbitrage buys L&T Finance Holdings shares worth Rs 413 cr
Ø NSE-BSE Bulk Deals: Delta Corp keeps dumping shares of Advani Hotel
Ø NTPC pays interim dividend of Rs 3,879 cr for 2021-22
Ø CBI quizzes former NSE MD Narain in co-location case
Ø Hero MotoCorp appoints Ranjivjit Singh as Chief Growth Officer
Ø Continental launches new range of tyres for SUVs
Ø Capri Global Capital to enter gold loan business in H1 FY23
Ø Consumer goods companies bet on a sweet and colourful Holi
Ø Jindal Stainless enters into pact with Haryana technical education board to promote tech in steel
Ø Adani Group, Ballard Power sign MoU for hydrogen fuel cell JV
*Business Standard :*
Ø Tata Motors’ domestic biz’s valuation sees a dramatic change
Ø Regular international flights likely to resume from March 15
Ø 'LIC is well-capitalised,' says chairman ahead of mega IPO
Ø Jindal Steel & Power keen on RINL, NMDC's Nagarnar iron and steel plant
Ø IDBI Bank a strategic partner, don't want to exit it fully: LIC chairman
Ø India's Green Hydrogen Policy to benefit RIL, Tata Power the most
Ø Corporate performance: India Inc's profit rises 27% in third quarter
Ø Logistics firm TVS Supply Chain seeks regulatory approval to launch IPO
Ø Mumbai: ED conducts raids at Indiabulls Finance Center
Ø Archean Chemical Industries files paperwork with Sebi to launch IPO
Ø Airtel joins SEA-ME-WE-6 cable consortium; anchoring 20% investment
*Financial Express :*
Ø CEPA will safeguard farmers, boost food processing sectors: Goyal
Ø Skymet predicts ‘normal’ monsoon in 2022
Ø Novelis to build $50 million recycling, casting centre in South Korea
Ø Fortis Healthcare matter: Former official settles case with Sebi
Ø PMJJBY policyholders eligible for LIC IPO at discount
Ø LIC listing being fast-tracked: Dipam secretary Tuhin Kanta Pandey
Ø Sebi’s SCORES platform receives 3,420 complaints in Jan; fixes 3,263
Ø DPIIT to soon approach Cabinet on FDI proposal for LIC: Secretary
Ø ‘Proposal to replace old SEZ law both timely and important’
Ø Govt prepared to deal with any global development: FM Sitharaman
Ø Promoter pledging inches up in December quarter
Ø LIC largest holder of G-secs, equities, household savings: Report
By: via @AlliesFin Serve Stock Market
Monday, 21 February 2022
@AlliesFin Serve Stock Market's Post
Pehale log sirf Nifty dekhte the..
Fir Dow Jones, Nasdaq FTSE, Dax, Heng Seng, Nikkei, Taiwan dekhne lage..
Fir roj raat ko SGX Nifty dekhna chalu kar diya..
Aaj woh sab raat raat jag kar Russia Ukraine ke index bhi dekh rahe hai
By: via @AlliesFin Serve Stock Market
Fir Dow Jones, Nasdaq FTSE, Dax, Heng Seng, Nikkei, Taiwan dekhne lage..
Fir roj raat ko SGX Nifty dekhna chalu kar diya..
Aaj woh sab raat raat jag kar Russia Ukraine ke index bhi dekh rahe hai
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
With reference to SEBI /NSE Circular, physical settlement is compulsory if a trader hold a position in any of the stock F&O contracts on an expiry date.
If Client holds a position in any Stock F&O contract, at expiry, client will be required to give/take delivery of stocks.
We have now modified our RMS policy with regards to physically settled derivative contracts as follows
The Exchange charge physical delivery margins on all the existing long In The Money stock option position in in the following manner:
10% of delivery margins computed on expiry -4 days EOD (Friday)
25% of delivery margins computed on expiry -3 days EOD (Monday)
45% of delivery margins computed on expiry -2 days EOD (Tuesday)*
70% of delivery margins computed on expiry -1 day EOD (Wednesday)*
If the client does not have sufficient funds for the additional margin requirement then penalty will charge.
No fresh positions will be allowed in Option Buy on Wednesday and Thursday of the expiry week.
On expiry day (Last Thursday) after 1 PM, no fresh position will be allowed in current month expiry contract.
If client wish to go for physical settlement, client would be required to fulfill the entire funds (Full contract value) / holdings requirement by Wednesday EOD.
If the positions are not squared off for any reason (e.g.: non-liquidity), then the contract would have to be settled physically and the client would be liable to pay the entire amount of the settlement. It is advisable for a client to square-off such positions on their own or add funds to carry the position to expiry.
You are requested to take note of the above changes and Square off or roll over the current month expiry Futures & Option contracts accordingly.
By: via @AlliesFin Serve Stock Market
If Client holds a position in any Stock F&O contract, at expiry, client will be required to give/take delivery of stocks.
We have now modified our RMS policy with regards to physically settled derivative contracts as follows
The Exchange charge physical delivery margins on all the existing long In The Money stock option position in in the following manner:
10% of delivery margins computed on expiry -4 days EOD (Friday)
25% of delivery margins computed on expiry -3 days EOD (Monday)
45% of delivery margins computed on expiry -2 days EOD (Tuesday)*
70% of delivery margins computed on expiry -1 day EOD (Wednesday)*
If the client does not have sufficient funds for the additional margin requirement then penalty will charge.
No fresh positions will be allowed in Option Buy on Wednesday and Thursday of the expiry week.
On expiry day (Last Thursday) after 1 PM, no fresh position will be allowed in current month expiry contract.
If client wish to go for physical settlement, client would be required to fulfill the entire funds (Full contract value) / holdings requirement by Wednesday EOD.
If the positions are not squared off for any reason (e.g.: non-liquidity), then the contract would have to be settled physically and the client would be liable to pay the entire amount of the settlement. It is advisable for a client to square-off such positions on their own or add funds to carry the position to expiry.
You are requested to take note of the above changes and Square off or roll over the current month expiry Futures & Option contracts accordingly.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Analysts/Investors Meetings
Piramal Enterprises: The company's officials will attend Kotak Institutional Equities Conference on February 21-22.
Usha Martin: The company's officials will meet JHP Securities on February 21.
Subros: The company's officials will meet Sundaram Asset Management Company on February 21.
Mahindra & Mahindra: The company's officials will attend Kotak Virtual Investor Conference on February 22; Daiwa Virtual Investor Conference on February 24; Maybank KimEng-Mizuho Investor Conference on February 25.
Nuvoco Vistas Corporation: The company's officials will meet Pinpoint Asset Management on February 21; and Mirae Asset Mutual Funds on February 22.
Eicher Motors: The company's officials will meet Citadel on February 21; and Fidelity Management and Research Inc on February 23.
Tamil Nadu Newsprint & Papers: The company's officials will meet Sunidhi Securities & Finance on February 21.
Yasho Industries: The company's officials will participate in Ambit Chemical CXO Conclave on February 21.
Asian Paints: The company's officials will meet Blackrock Capital on February 21; and Martin Currie Investment Management on February 22.
Polycab India: The company's officials will attend Kotak conference Chasing Growth's 2022 on February 22.
Indoco Remedies: The company's officials will meet UTI Mutual Fund on February 22.
Precision Camshafts: The company's officials will meet analysts and investors on February 22, to discuss financial results.
By: via @AlliesFin Serve Stock Market
Piramal Enterprises: The company's officials will attend Kotak Institutional Equities Conference on February 21-22.
Usha Martin: The company's officials will meet JHP Securities on February 21.
Subros: The company's officials will meet Sundaram Asset Management Company on February 21.
Mahindra & Mahindra: The company's officials will attend Kotak Virtual Investor Conference on February 22; Daiwa Virtual Investor Conference on February 24; Maybank KimEng-Mizuho Investor Conference on February 25.
Nuvoco Vistas Corporation: The company's officials will meet Pinpoint Asset Management on February 21; and Mirae Asset Mutual Funds on February 22.
Eicher Motors: The company's officials will meet Citadel on February 21; and Fidelity Management and Research Inc on February 23.
Tamil Nadu Newsprint & Papers: The company's officials will meet Sunidhi Securities & Finance on February 21.
Yasho Industries: The company's officials will participate in Ambit Chemical CXO Conclave on February 21.
Asian Paints: The company's officials will meet Blackrock Capital on February 21; and Martin Currie Investment Management on February 22.
Polycab India: The company's officials will attend Kotak conference Chasing Growth's 2022 on February 22.
Indoco Remedies: The company's officials will meet UTI Mutual Fund on February 22.
Precision Camshafts: The company's officials will meet analysts and investors on February 22, to discuss financial results.
By: via @AlliesFin Serve Stock Market
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Stocks in News
The Phoenix Mills: The Phoenix Mills will make Classic Mall Development Company as its wholly owned subsidiary after buying 50 percent stake from Crest Ventures and Escort Developers. The company will pay Rs 918 crore to acquire 50 percent stake in Classic Mall Development Company which owns Phoenix Marketcity Chennai with chargeable area of approximately 1 million square feet in Velachery, Chennai.
Crest Ventures: Crest Ventures and its wholly owned subsidiary Escorts Developers will get Rs 918 crore by selling 50 percent stake in Classic Mall Development Company, to Phoenix Mills. Crest Ventures held 46.35 percent stake and its wholly owned subsidiary Escorts Developers has 3.65 percent in Classic Mall Development Company. The stake sale is expected to be completed tentatively by April 2022.
Equitas Small Finance Bank: The bank will receive Rs 550 crore from qualified institutional investors as it has approved the allotment of 10.26 crore equity shares at issue price of Rs 53.59 per share. The QIP issue was opened for bidding during February 14-18.
Gujarat Mineral Development Corporation: The Environment ministry has allowed GMDC to increase mining activity at lignite mines in Tadkeshwar, Surat. The country's largest lignite seller has received an amendment to its environment clearance from the Ministry of Environment and Forest to mine up to a depth of 135 meters, from 94 meters earlier at the lignite mines.
Escorts: The tractor maker will receive Rs 1,872.74 crore from Kubota Corporation as it approved preferential allotment of 93.63 lakh equity shares at Rs 2,000 per share. After the allotment, Kubota Corporation holds 16.39 percent stake in Escorts.
Hazoor Multi Projects: The company has bagged order worth Rs 6.54 crore from Varaha Infra. The work order is for completion of balance work of 'national highway No 548-A from section Waken Pali to 2 lane with paved shoulder.
Power Finance Corporation: Life Insurance Corporation of India sold 2.02% stake in the company via open market transactions. As a result, its shareholding in the company reduced to 5.06 percent, from 7.09 percent earlier.
By: via @AlliesFin Serve Stock Market
The Phoenix Mills: The Phoenix Mills will make Classic Mall Development Company as its wholly owned subsidiary after buying 50 percent stake from Crest Ventures and Escort Developers. The company will pay Rs 918 crore to acquire 50 percent stake in Classic Mall Development Company which owns Phoenix Marketcity Chennai with chargeable area of approximately 1 million square feet in Velachery, Chennai.
Crest Ventures: Crest Ventures and its wholly owned subsidiary Escorts Developers will get Rs 918 crore by selling 50 percent stake in Classic Mall Development Company, to Phoenix Mills. Crest Ventures held 46.35 percent stake and its wholly owned subsidiary Escorts Developers has 3.65 percent in Classic Mall Development Company. The stake sale is expected to be completed tentatively by April 2022.
Equitas Small Finance Bank: The bank will receive Rs 550 crore from qualified institutional investors as it has approved the allotment of 10.26 crore equity shares at issue price of Rs 53.59 per share. The QIP issue was opened for bidding during February 14-18.
Gujarat Mineral Development Corporation: The Environment ministry has allowed GMDC to increase mining activity at lignite mines in Tadkeshwar, Surat. The country's largest lignite seller has received an amendment to its environment clearance from the Ministry of Environment and Forest to mine up to a depth of 135 meters, from 94 meters earlier at the lignite mines.
Escorts: The tractor maker will receive Rs 1,872.74 crore from Kubota Corporation as it approved preferential allotment of 93.63 lakh equity shares at Rs 2,000 per share. After the allotment, Kubota Corporation holds 16.39 percent stake in Escorts.
Hazoor Multi Projects: The company has bagged order worth Rs 6.54 crore from Varaha Infra. The work order is for completion of balance work of 'national highway No 548-A from section Waken Pali to 2 lane with paved shoulder.
Power Finance Corporation: Life Insurance Corporation of India sold 2.02% stake in the company via open market transactions. As a result, its shareholding in the company reduced to 5.06 percent, from 7.09 percent earlier.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
TG @AlliesFin
• Hinduja Global Wins $281 Million U.K. Test-and-Trace Contract
• SUUMAYA INDUSTRIES TO CONSIDER BONUS SHARE ISSUE FEB. 21
• India May Become Export Hub For Green Hydrogen: Street Wrap
• INDIA GEMS, JEWELRY EXPORT TARGET SEEN AT $40B IN CURRENT YEAR
• India’s Sensex Index Clocks Weekly Decline After a Volatile Ride
• Global Funds Sell Net INR25.3B of India Stocks Friday: NSE
• India SEBI Wants More Financial Disclosures from Tech IPOs
• Top Oil Refiner Sees India’s Green Hydrogen Push Halving Costs
o India May Become Export Hub For Green Hydrogen: Street Wrap
• Foreign Outflows From India Bonds Lose Momentum
• Japan 30Y, India Rupee NDF Move Ahead of U.S. Day
• Gold Pares Losses After Report of Evacuation of Donbas Region
• India Yields Mostly Lower
• INDIA GOVT GETS INR3.93B FROM MOIL BUYBACK
• INDIA FOREX RESERVES FALL $1.76B ON WEEK TO $630.2B
• India, UAE Seal Deal To Deepen Trade and Investment Ties
• India Ramps Up Charging Infrastructure to Spur Adoption of EVs
• Future Retail Pays $14 Million Coupon on Offshore Dollar Notes
• Equitas Small Finance Bank Raises INR 5.5 bn via Institutions
• India Gets $20.5 bn in Investment Proposals for Chip Production
• Archean Chemical Files for India Initial Public Offering
• Fedbank Financial Services Targets $120 Million in India IPO
• India Court Stays RBI Order on Religare Unit Debt Recast
• Bank of Baroda (BOB): SUBSCRIBES TO 99,000 SHRS OF IDRCL
• GOA Carbon (GOCA): OPERATIONS RESUMED AT ST JOSE DE AREAL GOA UNIT
• Gulf Oil (GOLI): OFFER TO BUYBACK UP TO 2.8% SHARE CAPITAL
• Hatsun Agro (HTSMF): TO TAKE 26% STAKE IN FP CYGNUS, HUOBAN ENERGY 7
• Hazoor Multi Projects (HZOR): *WINS INR65.4M ORDER FROM VARAHA INFRA
• Johnson Pharmacare (JOHNPHAR): *APPROVES 1-FOR-10 BONUS SHARE ISSUE
• InterGlobe Aviation (INDIGO): IndiGo Co-Founder Resigns Ending Feud at Top Asia Budget Airline
• Bharti Airtel (BHARTI): Florida SBA Backs Bharti Airtel on 4 of 4 Proposals Feb. 26
• Union Bank (UNBK): TAKES 12.3% STAKE IN INDIA DEBT RESOLUTION CO.
o Canara Bank (CBK): TAKES 14.9% STAKE IN INDIA DEBT RESOLUTION CO.
By: via @AlliesFin Serve Stock Market
• Hinduja Global Wins $281 Million U.K. Test-and-Trace Contract
• SUUMAYA INDUSTRIES TO CONSIDER BONUS SHARE ISSUE FEB. 21
• India May Become Export Hub For Green Hydrogen: Street Wrap
• INDIA GEMS, JEWELRY EXPORT TARGET SEEN AT $40B IN CURRENT YEAR
• India’s Sensex Index Clocks Weekly Decline After a Volatile Ride
• Global Funds Sell Net INR25.3B of India Stocks Friday: NSE
• India SEBI Wants More Financial Disclosures from Tech IPOs
• Top Oil Refiner Sees India’s Green Hydrogen Push Halving Costs
o India May Become Export Hub For Green Hydrogen: Street Wrap
• Foreign Outflows From India Bonds Lose Momentum
• Japan 30Y, India Rupee NDF Move Ahead of U.S. Day
• Gold Pares Losses After Report of Evacuation of Donbas Region
• India Yields Mostly Lower
• INDIA GOVT GETS INR3.93B FROM MOIL BUYBACK
• INDIA FOREX RESERVES FALL $1.76B ON WEEK TO $630.2B
• India, UAE Seal Deal To Deepen Trade and Investment Ties
• India Ramps Up Charging Infrastructure to Spur Adoption of EVs
• Future Retail Pays $14 Million Coupon on Offshore Dollar Notes
• Equitas Small Finance Bank Raises INR 5.5 bn via Institutions
• India Gets $20.5 bn in Investment Proposals for Chip Production
• Archean Chemical Files for India Initial Public Offering
• Fedbank Financial Services Targets $120 Million in India IPO
• India Court Stays RBI Order on Religare Unit Debt Recast
• Bank of Baroda (BOB): SUBSCRIBES TO 99,000 SHRS OF IDRCL
• GOA Carbon (GOCA): OPERATIONS RESUMED AT ST JOSE DE AREAL GOA UNIT
• Gulf Oil (GOLI): OFFER TO BUYBACK UP TO 2.8% SHARE CAPITAL
• Hatsun Agro (HTSMF): TO TAKE 26% STAKE IN FP CYGNUS, HUOBAN ENERGY 7
• Hazoor Multi Projects (HZOR): *WINS INR65.4M ORDER FROM VARAHA INFRA
• Johnson Pharmacare (JOHNPHAR): *APPROVES 1-FOR-10 BONUS SHARE ISSUE
• InterGlobe Aviation (INDIGO): IndiGo Co-Founder Resigns Ending Feud at Top Asia Budget Airline
• Bharti Airtel (BHARTI): Florida SBA Backs Bharti Airtel on 4 of 4 Proposals Feb. 26
• Union Bank (UNBK): TAKES 12.3% STAKE IN INDIA DEBT RESOLUTION CO.
o Canara Bank (CBK): TAKES 14.9% STAKE IN INDIA DEBT RESOLUTION CO.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Mkt. Updates :
SGX Nifty -135 pts (17150) from last trade 17285 ,
Nikkei -289 pts ,
Hangseng -218 pts ,
Now @6.58am .
Dow -232.85 pts ,Nsdq -168.65 pts, S&P
-31.39 pts , Bovespa -648 pts , Ftse -23 pts , Dax -225 pts , Cac -17 pts , Crude @ $92.73 brl (+1.66), Brent @ $94.89 brl (+1.35) , Gold @ 1909.90 (+10.10), Silver @ $24.015 (+0.02), Euro @ $1.1318, JPY @ $114.91, INR @ 74.675
US GOVT. 10-YEAR YIELD : 1.93%
*Today's Corporate Action, 21 Feb Ex Date :*
BALKRISIND
Interim Dividend - Rs. - 4.0000
BALKRISIND
Special Dividend - Rs. - 12.0000
CARBORUNIV
Interim Dividend - Rs. - 1.5000
COALINDIA
Interim Dividend - Rs. - 5.0000
COCHINSHIP
Interim Dividend - Rs. - 7.0000
CUMMINSIND
Interim Dividend - Rs. - 8.0000
HERCULES
Interim Dividend - Rs. - 0.7500
HEROMOTOCO
Interim Dividend - Rs. - 60.0000
INDNIPPON
Interim Dividend - Rs. - 6.2500
IRCON
Interim Dividend - Rs. - 0.7000
JBMA
Stock Split From Rs.5/- to Rs.2/-
KIRLOSENG
Interim Dividend - Rs. - 1.5000
METROPOLIS
Interim Dividend - Rs. - 8.0000
MTARTECH
Interim Dividend - Rs. - 3.0000
ONGC
Interim Dividend - Rs. - 1.7500
SHIL
Interim Dividend - Rs. - 0.5000
SJVN
Interim Dividend - Rs. - 1.1500
SUNDRMFAST
Interim Dividend - Rs. - 6.4500
TIDEWATER
Interim Dividend - Rs. - 20.0000
*Today's Key Results/Board Meetings, 21-Feb-21 :*
BRAHMINFRA
Quarterly Results
IBINFO
General
JONJUA
General
MCLOUD
Employees Stock Option Plan;Increase in Authorised Capital;Issue Of Warrants;General;Preferential Issue of shares
OBCL
General
RAJOOENG
General
SUPRAP
General
*SEC. IN F&O BAN FOR, 21 FEB, 2022*
*1. ESCORTS 2. IBULHSGFIN 3. PNB*
*ADDITION : PNB*
*DELETION : NIL*
By: via @AlliesFin Serve Stock Market
SGX Nifty -135 pts (17150) from last trade 17285 ,
Nikkei -289 pts ,
Hangseng -218 pts ,
Now @6.58am .
Dow -232.85 pts ,Nsdq -168.65 pts, S&P
-31.39 pts , Bovespa -648 pts , Ftse -23 pts , Dax -225 pts , Cac -17 pts , Crude @ $92.73 brl (+1.66), Brent @ $94.89 brl (+1.35) , Gold @ 1909.90 (+10.10), Silver @ $24.015 (+0.02), Euro @ $1.1318, JPY @ $114.91, INR @ 74.675
US GOVT. 10-YEAR YIELD : 1.93%
*Today's Corporate Action, 21 Feb Ex Date :*
BALKRISIND
Interim Dividend - Rs. - 4.0000
BALKRISIND
Special Dividend - Rs. - 12.0000
CARBORUNIV
Interim Dividend - Rs. - 1.5000
COALINDIA
Interim Dividend - Rs. - 5.0000
COCHINSHIP
Interim Dividend - Rs. - 7.0000
CUMMINSIND
Interim Dividend - Rs. - 8.0000
HERCULES
Interim Dividend - Rs. - 0.7500
HEROMOTOCO
Interim Dividend - Rs. - 60.0000
INDNIPPON
Interim Dividend - Rs. - 6.2500
IRCON
Interim Dividend - Rs. - 0.7000
JBMA
Stock Split From Rs.5/- to Rs.2/-
KIRLOSENG
Interim Dividend - Rs. - 1.5000
METROPOLIS
Interim Dividend - Rs. - 8.0000
MTARTECH
Interim Dividend - Rs. - 3.0000
ONGC
Interim Dividend - Rs. - 1.7500
SHIL
Interim Dividend - Rs. - 0.5000
SJVN
Interim Dividend - Rs. - 1.1500
SUNDRMFAST
Interim Dividend - Rs. - 6.4500
TIDEWATER
Interim Dividend - Rs. - 20.0000
*Today's Key Results/Board Meetings, 21-Feb-21 :*
BRAHMINFRA
Quarterly Results
IBINFO
General
JONJUA
General
MCLOUD
Employees Stock Option Plan;Increase in Authorised Capital;Issue Of Warrants;General;Preferential Issue of shares
OBCL
General
RAJOOENG
General
SUPRAP
General
*SEC. IN F&O BAN FOR, 21 FEB, 2022*
*1. ESCORTS 2. IBULHSGFIN 3. PNB*
*ADDITION : PNB*
*DELETION : NIL*
By: via @AlliesFin Serve Stock Market
Sunday, 20 February 2022
@AlliesFin Serve Stock Market's Post
*India and the United Arab Emirates on Friday signed a Comprehensive Economic Partnership Agreement (CEPA) covering goods, services and digital trade, among others, that will allow 90% of the country's exports a duty-free access to the Emirates*
The CEPA is likely to benefit about $26 billion worth of Indian products that are currently subjected to 5% import duty by the UAE, India's third-biggest trading partner behind the US and China.
The bilateral trade pact is India's first in the region and the first comprehensive trade agreement with any country in a decade.
"It is expected that the CEPA will lead to increase in bilateral trade from the current $60 bn to $100 bn in the next 5 years," the government said in a statement after the India-UAE Virtual Summit attended prime minister Narendra Modi and the crown prince of Abu Dhabi HH Sheikh Mohammed bin Zayed Al Nahyan.
"HH @MohamedBinZayed and I believe that the India-UAE CEPA signed today will be a game-changer in our economic ties," PM Modi tweeted after the virtual summit.
Through the pact, Indian exporters will also get access to the much larger Arab and African markets.
India was the UAE's largest export destination and second-largest trade partner in 2019 and the eighth biggest investor with a cumulative foreign direct investment of nearly $11 billion so far.
"Both nations are entering a golden era of economic & trade cooperation with the signing of India-UAE CEPA," commerce and industry minister Piyush Goyal tweeted.
*India's labour-intensive and employment-generating industries such as gems and jewellery, textiles, leather, footwear, sports goods, furniture, pharmaceuticals, medical devices and automobiles are expected to gain the most from the pact*
The UAE is offering overall duty elimination on over 97% of its tariff lines corresponding to 99% of India's exports in value terms.
Separately, zero duty on an additional 9% of the trade value on products such as electronics, chemicals and petrochemicals, ceramics and machinery, is likely later in 5-10 years.
By: via @AlliesFin Serve Stock Market
The CEPA is likely to benefit about $26 billion worth of Indian products that are currently subjected to 5% import duty by the UAE, India's third-biggest trading partner behind the US and China.
The bilateral trade pact is India's first in the region and the first comprehensive trade agreement with any country in a decade.
"It is expected that the CEPA will lead to increase in bilateral trade from the current $60 bn to $100 bn in the next 5 years," the government said in a statement after the India-UAE Virtual Summit attended prime minister Narendra Modi and the crown prince of Abu Dhabi HH Sheikh Mohammed bin Zayed Al Nahyan.
"HH @MohamedBinZayed and I believe that the India-UAE CEPA signed today will be a game-changer in our economic ties," PM Modi tweeted after the virtual summit.
Through the pact, Indian exporters will also get access to the much larger Arab and African markets.
India was the UAE's largest export destination and second-largest trade partner in 2019 and the eighth biggest investor with a cumulative foreign direct investment of nearly $11 billion so far.
"Both nations are entering a golden era of economic & trade cooperation with the signing of India-UAE CEPA," commerce and industry minister Piyush Goyal tweeted.
*India's labour-intensive and employment-generating industries such as gems and jewellery, textiles, leather, footwear, sports goods, furniture, pharmaceuticals, medical devices and automobiles are expected to gain the most from the pact*
The UAE is offering overall duty elimination on over 97% of its tariff lines corresponding to 99% of India's exports in value terms.
Separately, zero duty on an additional 9% of the trade value on products such as electronics, chemicals and petrochemicals, ceramics and machinery, is likely later in 5-10 years.
By: via @AlliesFin Serve Stock Market
Friday, 18 February 2022
@AlliesFin Serve Stock Market's Post
*Analysts/Investors Meetings*
Nuvoco Vistas Corporation: The company's officials will meet FSSA Investment Managers, and TT International, and will attend Nirmal Bang Institutional Equities Investor Conference on February 18.
Tata Consumer Products: The company's officials will attend IIFL's Enterprising India Global Investors Conference on February 18.
Rupa & Company: The company's officials will meet Omkara Capital (P) Ltd on February 18.
Escorts: The company's officials will meet fund houses and investors on February 18.
UltraTech Cement: The company's officials will meet Universities Superannuation Scheme on February 18.
Sudarshan Chemical Industries: The company's officials will meet ICICI Prudential MF on February 18.
CG Power and Industrial Solutions: The company's officials will meet Spark Capital Advisors; and Aikya Investment Management, UK, on February 18.
Tamil Nadu Newsprint & Papers: The company's officials will meet SkyRidge Wealth Management on February 18.
Dabur India: The company's officials will attend Kotak's 21st Chasing Growth's 2022 Conference, on February 21.
Avanti Feeds: The company's officials will meet analysts and investors on February 21, to discuss financial results.
Bigbloc Construction: The company's officials will meet Emkay Global Financial Services on February 23.
Castrol India: The company's officials will meet Kotak Chasing Growth on February 24.
By: via @AlliesFin Serve Stock Market
Nuvoco Vistas Corporation: The company's officials will meet FSSA Investment Managers, and TT International, and will attend Nirmal Bang Institutional Equities Investor Conference on February 18.
Tata Consumer Products: The company's officials will attend IIFL's Enterprising India Global Investors Conference on February 18.
Rupa & Company: The company's officials will meet Omkara Capital (P) Ltd on February 18.
Escorts: The company's officials will meet fund houses and investors on February 18.
UltraTech Cement: The company's officials will meet Universities Superannuation Scheme on February 18.
Sudarshan Chemical Industries: The company's officials will meet ICICI Prudential MF on February 18.
CG Power and Industrial Solutions: The company's officials will meet Spark Capital Advisors; and Aikya Investment Management, UK, on February 18.
Tamil Nadu Newsprint & Papers: The company's officials will meet SkyRidge Wealth Management on February 18.
Dabur India: The company's officials will attend Kotak's 21st Chasing Growth's 2022 Conference, on February 21.
Avanti Feeds: The company's officials will meet analysts and investors on February 21, to discuss financial results.
Bigbloc Construction: The company's officials will meet Emkay Global Financial Services on February 23.
Castrol India: The company's officials will meet Kotak Chasing Growth on February 24.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Today's Business News Headlines*
*Economic Times :*
Ø Maruti Suzuki India partners with Quiklyz for its vehicle subscription program
Ø Industry raises concerns over Sebi's related party transaction norms
Ø UBS upgrades Bharti Airtel’s rating from neutral to buy
Ø NSE-BSE bulk deals: Delta Corp further sells stake in Advani Hotels
Ø Nestle India Q4 Results: Profit falls 20% YoY to Rs 387 crore; firm declares Rs 65 dividend
Ø Ambuja Cements reports 55.5 pc decline in net profit to Rs 431 cr for Dec quarter
Ø LIC's looming IPO weighs on India insurer shares, investors say
Ø LIC issue, volatility hit IPO plans of several companies
Ø LIC owes Income Tax Department Rs 75,000 crore, reveals IPO draft
Ø JSW Ispat to transfer commodity-grade steel business to new subsidiary Mivaan Steels in a slump sale
Ø LIC has fair chance inclusion in MSCI index
Ø Apollo Hospitals to operate & manage tertiary care hospital in Uzbekistan
*Business Standard :*
Ø First Green Hydrogen Policy offers sops to makers and users both
Ø I-T dept raids former NSE MD Chitra Ramkrishna in tax evasion probe
Ø Zerodha co-founder Nikhil Kamath invests in a drone start-up
Ø Three shipyards account for bulk of Rs 44,000 cr banks lost to the industry
Ø Govt likely to propose 18% GST on crypto mining, trading entities
Ø Tata Sons to infuse additional Rs 2,420 crore in Tata Tele by March
Ø Corporate performance: India Inc's profit rises 27% in third quarter
Ø Logistics firm TVS Supply Chain seeks regulatory approval to launch IPO
Ø Sebi bars Reliance Home Finance, Anil Ambani, 3 others from securities mkt
Ø GAIL to connect Srinagar to gas grid; Mumbai-Nagpur line by May 2023
Ø Realty firms afflicted with low returns shouldn't get listed: Jhunjhunwala
By: via @AlliesFin Serve Stock Market
*Economic Times :*
Ø Maruti Suzuki India partners with Quiklyz for its vehicle subscription program
Ø Industry raises concerns over Sebi's related party transaction norms
Ø UBS upgrades Bharti Airtel’s rating from neutral to buy
Ø NSE-BSE bulk deals: Delta Corp further sells stake in Advani Hotels
Ø Nestle India Q4 Results: Profit falls 20% YoY to Rs 387 crore; firm declares Rs 65 dividend
Ø Ambuja Cements reports 55.5 pc decline in net profit to Rs 431 cr for Dec quarter
Ø LIC's looming IPO weighs on India insurer shares, investors say
Ø LIC issue, volatility hit IPO plans of several companies
Ø LIC owes Income Tax Department Rs 75,000 crore, reveals IPO draft
Ø JSW Ispat to transfer commodity-grade steel business to new subsidiary Mivaan Steels in a slump sale
Ø LIC has fair chance inclusion in MSCI index
Ø Apollo Hospitals to operate & manage tertiary care hospital in Uzbekistan
*Business Standard :*
Ø First Green Hydrogen Policy offers sops to makers and users both
Ø I-T dept raids former NSE MD Chitra Ramkrishna in tax evasion probe
Ø Zerodha co-founder Nikhil Kamath invests in a drone start-up
Ø Three shipyards account for bulk of Rs 44,000 cr banks lost to the industry
Ø Govt likely to propose 18% GST on crypto mining, trading entities
Ø Tata Sons to infuse additional Rs 2,420 crore in Tata Tele by March
Ø Corporate performance: India Inc's profit rises 27% in third quarter
Ø Logistics firm TVS Supply Chain seeks regulatory approval to launch IPO
Ø Sebi bars Reliance Home Finance, Anil Ambani, 3 others from securities mkt
Ø GAIL to connect Srinagar to gas grid; Mumbai-Nagpur line by May 2023
Ø Realty firms afflicted with low returns shouldn't get listed: Jhunjhunwala
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Mkt. Updates :*
*SGX Nifty -90 pts (17177) from last trade 17267 ,*
Nikkei -358 pts ,
Hangseng -159 pts ,
Now @6.52am .
Dow -622.24 pts ,Nsdq -407.38 pts, S&P
-94.75 pts , Bovespa -1652 pts , Ftse -66 pts , Dax -102 pts , Cac -18 pts , Crude @ $91.33 brl (-0.43), Brent @ $92.97 brl (+0.00) , Gold @ 1902.60 (+0.60), Silver @ $23.835 (-0.04), Euro @ $1.1357, JPY @ $114.97, INR @ 75.055
*US GOVT. 10-YEAR YIELD : 1.99%*
*Today's Corporate Action, 18 Feb Ex Date :*
ALFL
E.G.M.
AMRUTANJAN
Interim Dividend - Rs. - 1.0000
AUROPHARMA
Interim Dividend - Rs. - 1.5000
BIRET
Income Distribution RITES
GULFOILLUB
Buy Back of Shares
MAANALU
Interim Dividend - Rs. - 1.0000
PITTIENG
Interim Dividend - Rs. - 0.4000
SHYAMMETL
Interim Dividend - Rs. - 2.2500
TALBROAUTO
Interim Dividend - Rs. - 1.0000
*Today's Key Results/Board Meetings, 18-Feb-21 :*
BALFC
Stock Split
HATSUN
General
HUHTAMAKI
Audited Results;Final Dividend
JOHNPHARMA
Bonus issue
RELTD
Issue Of Warrants
RSYSTEMINT
Audited Results;General
SPSINT
General;Preferential Issue of shares
VIJAYTX
Quarterly Results
*SEC. IN F&O BAN FOR, 18 Feb, 2022 :*
*1. ESCORTS 2. IBULHSGFIN*
*ADDITION : NIL*
*DELETION : SAIL*
By: via @AlliesFin Serve Stock Market
*SGX Nifty -90 pts (17177) from last trade 17267 ,*
Nikkei -358 pts ,
Hangseng -159 pts ,
Now @6.52am .
Dow -622.24 pts ,Nsdq -407.38 pts, S&P
-94.75 pts , Bovespa -1652 pts , Ftse -66 pts , Dax -102 pts , Cac -18 pts , Crude @ $91.33 brl (-0.43), Brent @ $92.97 brl (+0.00) , Gold @ 1902.60 (+0.60), Silver @ $23.835 (-0.04), Euro @ $1.1357, JPY @ $114.97, INR @ 75.055
*US GOVT. 10-YEAR YIELD : 1.99%*
*Today's Corporate Action, 18 Feb Ex Date :*
ALFL
E.G.M.
AMRUTANJAN
Interim Dividend - Rs. - 1.0000
AUROPHARMA
Interim Dividend - Rs. - 1.5000
BIRET
Income Distribution RITES
GULFOILLUB
Buy Back of Shares
MAANALU
Interim Dividend - Rs. - 1.0000
PITTIENG
Interim Dividend - Rs. - 0.4000
SHYAMMETL
Interim Dividend - Rs. - 2.2500
TALBROAUTO
Interim Dividend - Rs. - 1.0000
*Today's Key Results/Board Meetings, 18-Feb-21 :*
BALFC
Stock Split
HATSUN
General
HUHTAMAKI
Audited Results;Final Dividend
JOHNPHARMA
Bonus issue
RELTD
Issue Of Warrants
RSYSTEMINT
Audited Results;General
SPSINT
General;Preferential Issue of shares
VIJAYTX
Quarterly Results
*SEC. IN F&O BAN FOR, 18 Feb, 2022 :*
*1. ESCORTS 2. IBULHSGFIN*
*ADDITION : NIL*
*DELETION : SAIL*
By: via @AlliesFin Serve Stock Market
Thursday, 17 February 2022
@AlliesFin Serve Stock Market's Post
*Mkt. Updates :*
*SGX Nifty +82 pts (17380) from last trade 17298 ,*
Nikkei -96 pts ,
Hangseng +4 pts ,
Now @6.52am .
Dow -54.57 pts ,Nsdq -15.66 pts, S&P
+3.94 pts , Bovespa +352 pts , Ftse -5 pts , Dax -42 pts , Cac -14 pts , Crude @ $90.95 brl (-2.74), Brent @ $94.81 brl (+0.00) , Gold @ 1873.20 (+1.70), Silver @ $23.615 (+0.01), Euro @ $1.1381, JPY @ $115.44, INR @ 75.025
*US GOVT. 10-YEAR YIELD : 2.03%*
*Today's Corporate Action, 17 Feb Ex Date :*
AEGISLOG
Interim Dividend - Rs. - 2.0000
ANUPAM
Bonus issue 1:10
CAMS
Interim Dividend - Rs. - 10.7500
ESABINDIA
Interim Dividend - Rs. - 18.0000
FDC
Buy Back of Shares
FSL
Interim Dividend - Rs. - 3.5000
GOLDIAM
Interim Dividend - Rs. - 3.0000
GRANULES
Interim Dividend - Rs. - 0.2500
HAL
Interim Dividend - Rs. - 26.0000
IRCTC
Interim Dividend - Rs. - 2.0000
ISTRNETWK
E.G.M.
JMFINANCIL
Interim Dividend - Rs. - 0.5000
KPRMILL
Buy Back of Shares
MGL
Interim Dividend - Rs. - 9.5000
MRF
Interim Dividend - Rs. - 3.0000
NATIONALUM
Interim Dividend - Rs. - 3.0000
NIRLON
Interim Dividend - Rs. - 15.0000
NMDC
Interim Dividend - Rs. - 5.7300
PAGEIND
Interim Dividend - Rs. - 100.0000
RGL
Interim Dividend - Rs. - 5.5000
SELAN
Interim Dividend - Rs. - 5.0000
SUKHJITS
Interim Dividend - Rs. - 10.0000
SUNDARMFIN
Interim Dividend - Rs. - 10.0000
SUNTV
Interim Dividend - Rs. - 2.5000
TIINDIA
Interim Dividend - Rs. - 2.0000
TILAK
Right Issue of Equity Shares
UNIDT
Interim Dividend - Rs. - 0.9000
VRFILMS
Interim Dividend - Rs. - 1.0000
*Today's Key Results/Board Meetings, 17-Feb-21 :*
AMBUJACEM
Quarterly Results
HPCOTTON
Issue Of Warrants;Preferential Issue of shares
INDRENEW
Preferential Issue of shares
KAPASHI
General;Preferential Issue of shares
NESTLEIND
Audited Results;Final Dividend;Quarterly Results
PRISMX
Right Issue of Equity Shares
PSB
Preferential Issue of shares
VERITAS
Quarterly Results
WANBURY
Preferential Issue of shares
*SEC. IN F&O BAN FOR, 17 Feb, 2022 :*
*1. ESCORTS 2. IBULHSGFIN 3. SAIL*
*ADDITION : NIL*
*DELETION : BHEL*
By: via @AlliesFin Serve Stock Market
*SGX Nifty +82 pts (17380) from last trade 17298 ,*
Nikkei -96 pts ,
Hangseng +4 pts ,
Now @6.52am .
Dow -54.57 pts ,Nsdq -15.66 pts, S&P
+3.94 pts , Bovespa +352 pts , Ftse -5 pts , Dax -42 pts , Cac -14 pts , Crude @ $90.95 brl (-2.74), Brent @ $94.81 brl (+0.00) , Gold @ 1873.20 (+1.70), Silver @ $23.615 (+0.01), Euro @ $1.1381, JPY @ $115.44, INR @ 75.025
*US GOVT. 10-YEAR YIELD : 2.03%*
*Today's Corporate Action, 17 Feb Ex Date :*
AEGISLOG
Interim Dividend - Rs. - 2.0000
ANUPAM
Bonus issue 1:10
CAMS
Interim Dividend - Rs. - 10.7500
ESABINDIA
Interim Dividend - Rs. - 18.0000
FDC
Buy Back of Shares
FSL
Interim Dividend - Rs. - 3.5000
GOLDIAM
Interim Dividend - Rs. - 3.0000
GRANULES
Interim Dividend - Rs. - 0.2500
HAL
Interim Dividend - Rs. - 26.0000
IRCTC
Interim Dividend - Rs. - 2.0000
ISTRNETWK
E.G.M.
JMFINANCIL
Interim Dividend - Rs. - 0.5000
KPRMILL
Buy Back of Shares
MGL
Interim Dividend - Rs. - 9.5000
MRF
Interim Dividend - Rs. - 3.0000
NATIONALUM
Interim Dividend - Rs. - 3.0000
NIRLON
Interim Dividend - Rs. - 15.0000
NMDC
Interim Dividend - Rs. - 5.7300
PAGEIND
Interim Dividend - Rs. - 100.0000
RGL
Interim Dividend - Rs. - 5.5000
SELAN
Interim Dividend - Rs. - 5.0000
SUKHJITS
Interim Dividend - Rs. - 10.0000
SUNDARMFIN
Interim Dividend - Rs. - 10.0000
SUNTV
Interim Dividend - Rs. - 2.5000
TIINDIA
Interim Dividend - Rs. - 2.0000
TILAK
Right Issue of Equity Shares
UNIDT
Interim Dividend - Rs. - 0.9000
VRFILMS
Interim Dividend - Rs. - 1.0000
*Today's Key Results/Board Meetings, 17-Feb-21 :*
AMBUJACEM
Quarterly Results
HPCOTTON
Issue Of Warrants;Preferential Issue of shares
INDRENEW
Preferential Issue of shares
KAPASHI
General;Preferential Issue of shares
NESTLEIND
Audited Results;Final Dividend;Quarterly Results
PRISMX
Right Issue of Equity Shares
PSB
Preferential Issue of shares
VERITAS
Quarterly Results
WANBURY
Preferential Issue of shares
*SEC. IN F&O BAN FOR, 17 Feb, 2022 :*
*1. ESCORTS 2. IBULHSGFIN 3. SAIL*
*ADDITION : NIL*
*DELETION : BHEL*
By: via @AlliesFin Serve Stock Market
Wednesday, 16 February 2022
@AlliesFin Serve Stock Market's Post
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 16-02-2022 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +18*
*INDEX FUT. : +555*
*INDEX OPT. : -810*
*STOCK FUT. : +493*
*STOCK OPT. : -220*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 16-FEB-22 : (Rs. CRS )*
*FIIS : SELL -1,891 (5,879-7770)*
*DIIS : BUY +1,180 (5,334-4,154)*
*BSE SENSEX : -145 (57,997)*
*NSE NIFTY : -30 (17,322)*
*BSE MIDCAP. : -08 (24,017)*
*BSE SMLCAP. : +118 (28,161)*
*B. CRUDE* : *$ 94.20* *(5pm)*
*GOLD :$1855=INR 50000(10gr)(5pm)*
*SILVER :* *RS. 63,200 (kg) (5pm) *
*FOREX : RS. : $ 75.0725*
*6.54% GOI '32 : 6.6855%(98.95)*
*6.10% GOI '31 : 6.7247% (95.69)*
*6.67% GOI '35 : 7.0214% (96.91)*
By: via @AlliesFin Serve Stock Market
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +18*
*INDEX FUT. : +555*
*INDEX OPT. : -810*
*STOCK FUT. : +493*
*STOCK OPT. : -220*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 16-FEB-22 : (Rs. CRS )*
*FIIS : SELL -1,891 (5,879-7770)*
*DIIS : BUY +1,180 (5,334-4,154)*
*BSE SENSEX : -145 (57,997)*
*NSE NIFTY : -30 (17,322)*
*BSE MIDCAP. : -08 (24,017)*
*BSE SMLCAP. : +118 (28,161)*
*B. CRUDE* : *$ 94.20* *(5pm)*
*GOLD :$1855=INR 50000(10gr)(5pm)*
*SILVER :* *RS. 63,200 (kg) (5pm) *
*FOREX : RS. : $ 75.0725*
*6.54% GOI '32 : 6.6855%(98.95)*
*6.10% GOI '31 : 6.7247% (95.69)*
*6.67% GOI '35 : 7.0214% (96.91)*
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Namaste Tg @AlliesFin
• India Asks Sebi to Prepare for Possible Turbulence on Fed Moves
• India SEBI Makes Separation of Chairman, CEO Roles Voluntary
• Gold Drops, Nickel Steady as Russia Returns Some Troops to Bases
• Palm Oil Surges to Fresh Record on Improving Outlook for Demand
• Stocks Climb as Russia Says Troops Will Move Back: Macro Squawk
• India Sensex Climbs Most in More Than a Year Boosted by Reliance
• Foreign Investors Sell Net INR31.4B of Indian Equities Monday
• Crypto Is Like a Ponzi Scheme, India’s Central Bank Warns
• Florida SBA Backs Infibeam on 3 of 3 Proposals at Feb. 25 EGM
• Global Funds Sell Net INR22.99B of India Stocks Tuesday: NSE
• Gold and Wheat Drop, Nickel Flat as Russia Says Pullback Begins
• Cabinet approves preparations for India’s G20 presidency: PTI
• Hiranandani group enters tech-driven consumer business, to invest ₹3,500 cr: Mint
• SpiceJet (SJET):Returns to Profit After Seven Covid-Hit Quarters
By: via @AlliesFin Serve Stock Market
• India Asks Sebi to Prepare for Possible Turbulence on Fed Moves
• India SEBI Makes Separation of Chairman, CEO Roles Voluntary
• Gold Drops, Nickel Steady as Russia Returns Some Troops to Bases
• Palm Oil Surges to Fresh Record on Improving Outlook for Demand
• Stocks Climb as Russia Says Troops Will Move Back: Macro Squawk
• India Sensex Climbs Most in More Than a Year Boosted by Reliance
• Foreign Investors Sell Net INR31.4B of Indian Equities Monday
• Crypto Is Like a Ponzi Scheme, India’s Central Bank Warns
• Florida SBA Backs Infibeam on 3 of 3 Proposals at Feb. 25 EGM
• Global Funds Sell Net INR22.99B of India Stocks Tuesday: NSE
• Gold and Wheat Drop, Nickel Flat as Russia Says Pullback Begins
• Cabinet approves preparations for India’s G20 presidency: PTI
• Hiranandani group enters tech-driven consumer business, to invest ₹3,500 cr: Mint
• SpiceJet (SJET):Returns to Profit After Seven Covid-Hit Quarters
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*SGX Nifty +21 pts (17386) from last trade 17365 ,*
Nikkei +516 pts ,
Hangseng +263 pts ,
Now @6.52am .
Dow +422.61 pts ,Nsdq +384.84 pts, S&P
+69.40 pts , Bovespa +928 pts , Ftse +77 pts , Dax +298 pts , Cac +127 pts , Crude @ $94.84 brl (-0.64), Brent @ $92.46 brl (+0.39) , Gold @ 1853.50 (-2.50), Silver @ $23.375 (+0.03), Euro @ $1.1355, JPY @ $115.67, INR @ 75.155
*Today's Corporate Action*
*16th Feb Ex Date*
AVTNPL
Interim Dividend - Rs. - 0.4000
BCLENTERPR
E.G.M.
DATAINFRA
General
ENGINERSIN
Interim Dividend - Rs. - 2.0000
MINDAIND
Interim Dividend - Rs. - 0.5000
POWERGRID
Interim Dividend - Rs. - 5.5000
*Today's Key Results/Board Meetings*
*16-Feb-21*
5PAISA
General
ANDHRAPET
Interim Dividend
CENTERAC
General
COMPUAGE
General
COVENTRY
Quarterly Results
CREDITACC
General
FRANKLIN
General
HIPPOCABS
General
OONE
Quarterly Results
SCHAEFFLER
Audited Results;Dividend
UHZAVERI
Preferential Issue of shares
*Stock under F&O ban on NSE*
*16-Feb-21*
1BHEL
2ESCORTS
3IBULHSGFIN
4SAIL
By: via @AlliesFin Serve Stock Market
Nikkei +516 pts ,
Hangseng +263 pts ,
Now @6.52am .
Dow +422.61 pts ,Nsdq +384.84 pts, S&P
+69.40 pts , Bovespa +928 pts , Ftse +77 pts , Dax +298 pts , Cac +127 pts , Crude @ $94.84 brl (-0.64), Brent @ $92.46 brl (+0.39) , Gold @ 1853.50 (-2.50), Silver @ $23.375 (+0.03), Euro @ $1.1355, JPY @ $115.67, INR @ 75.155
*Today's Corporate Action*
*16th Feb Ex Date*
AVTNPL
Interim Dividend - Rs. - 0.4000
BCLENTERPR
E.G.M.
DATAINFRA
General
ENGINERSIN
Interim Dividend - Rs. - 2.0000
MINDAIND
Interim Dividend - Rs. - 0.5000
POWERGRID
Interim Dividend - Rs. - 5.5000
*Today's Key Results/Board Meetings*
*16-Feb-21*
5PAISA
General
ANDHRAPET
Interim Dividend
CENTERAC
General
COMPUAGE
General
COVENTRY
Quarterly Results
CREDITACC
General
FRANKLIN
General
HIPPOCABS
General
OONE
Quarterly Results
SCHAEFFLER
Audited Results;Dividend
UHZAVERI
Preferential Issue of shares
*Stock under F&O ban on NSE*
*16-Feb-21*
1BHEL
2ESCORTS
3IBULHSGFIN
4SAIL
By: via @AlliesFin Serve Stock Market
Tuesday, 15 February 2022
@AlliesFin Serve Stock Market's Post
War happened only in 2 places::
1) Mind```2) Demat Account```
Tg @AlliesFin
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Securities in Ban For Trade Date 15-FEB-2022: TG @alliesfin
1 BHEL
2 IBULHSGFIN
3 PNB
4 SAIL
5 TATAPOWER
By: via @AlliesFin Serve Stock Market
1 BHEL
2 IBULHSGFIN
3 PNB
4 SAIL
5 TATAPOWER
By: via @AlliesFin Serve Stock Market
Monday, 14 February 2022
@AlliesFin Serve Stock Market's Post
opening session Nifty down 2% and Tcs up 2%
#nse #nifty #tcs #buyback #alliesfin
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#nse #nifty #tcs #buyback #alliesfin
By: via @AlliesFin Serve Stock Market
Saturday, 12 February 2022
@AlliesFin Serve Stock Market's Post
TCS BUYBACK RECORD DATE:-* *23 February
#tcs #alliesfin #tata #tatasons #investing
BUYBACK PRICE 4500
By: via @AlliesFin Serve Stock Market
#tcs #alliesfin #tata #tatasons #investing
BUYBACK PRICE 4500
By: via @AlliesFin Serve Stock Market
Friday, 11 February 2022
@AlliesFin Serve Stock Market's Post
Namaste !!
• Indian consumer sentiment improves, price perceptions ease: RBI
• India’s Central Bank Issues Guidelines on Credit Default Swaps
• Gold Swings Near Two-Week High on Larger-Than-Forecast Inflation
• Ashok Leyland to consider bond issue
• Yes Bank to consider early redemption of some bonds
• Aluminum Rally Spurs Billionaire Birla to Mull Smelter Expansion
• Palm Oil Reserves in Malaysia Drop to 6-Month Low on Weak Output
• Equity Gains Fade, Bonds Steady Ahead of CPI Data: Macro Squawk
• India Stocks Rise as RBI Maintains Low Rates to Boost Growth
• Foreign Investors Sell Net INR6.5B of Indian Equities Wednesday
• Global Funds Sell Net INR17.3B of India Stocks Thursday: NSE
• U.S. Inflation Charges Higher With Larger-Than-Forecast Gain
• U.S. Warns as Russia Begins Vast Military Drill: Ukraine Update
• Gupta Steel Business Faces Insolvency After HMRC Petitions
• Vodafone Rejects $13 Billion Italy Bid From Iliad, Apax
• 2.3 million workers lost jobs during the first wave of the pandemic: Govt: ET
• Renewable energy capacity addition rises 80% to 3.4 GW during December quarter: ET
• DGFT notifies norms for import of calcined, raw pet coke for 2022-23: PTI
• India to have own NCAP rating for vehicle safety standard: Mint
• Amara Raja Batteries (AMRJ): 3Q Net Income Misses Estimates
• Bharat Forge (BHFC): To Buy 26% in Avaada Mhvidarbha for INR113.8M
• Bharti Airtel (BHARTI): Bundles 15 Streaming Services for $2 to Lure Users
• Eveready (EVRIN): Restrained from selling assets, deby recast
• Godawari Power (GODPI): Unit Resumes Operations at Solar Power Plant
• Gujarat Petronet (GUJS): 3Q Net Income Beats Estimates
• Gujarat Pipavav (GPPV): 3Q Net Income Misses Estimates
• Hindalco Industries (HNDL): Evaluating expanding aluminum capacity
• IRB Infra (IRB): 3Q Net Income Beats Estimates
• Quess Corp (QUESS):3Q Net Income Beats Estimates
• Rashtriya Chemicals (RCF): 3Q Net Income 1.43B Rupees vs 987.1M Y/y
• Sun TV (SUNTV): 3Q Net Income Beats Estimates
• Tata Chemicals (TTCH): 3Q Net Income Beats Estimates
• Tata Steel Long Products (TATASLPL): Approves raising up to 133B Rupees from Tata Steel
• Torrent Power (TPW): Buys solar plant from Blue Diamond, Balrampur
• Trent (TRENT): 3Q Net Income Beats Estimates
• Zomato (ZOMATO): 3Q Net Loss 632M Rupees, Est. Loss 4.08B Rupees
By: via @AlliesFin Serve Stock Market
• Indian consumer sentiment improves, price perceptions ease: RBI
• India’s Central Bank Issues Guidelines on Credit Default Swaps
• Gold Swings Near Two-Week High on Larger-Than-Forecast Inflation
• Ashok Leyland to consider bond issue
• Yes Bank to consider early redemption of some bonds
• Aluminum Rally Spurs Billionaire Birla to Mull Smelter Expansion
• Palm Oil Reserves in Malaysia Drop to 6-Month Low on Weak Output
• Equity Gains Fade, Bonds Steady Ahead of CPI Data: Macro Squawk
• India Stocks Rise as RBI Maintains Low Rates to Boost Growth
• Foreign Investors Sell Net INR6.5B of Indian Equities Wednesday
• Global Funds Sell Net INR17.3B of India Stocks Thursday: NSE
• U.S. Inflation Charges Higher With Larger-Than-Forecast Gain
• U.S. Warns as Russia Begins Vast Military Drill: Ukraine Update
• Gupta Steel Business Faces Insolvency After HMRC Petitions
• Vodafone Rejects $13 Billion Italy Bid From Iliad, Apax
• 2.3 million workers lost jobs during the first wave of the pandemic: Govt: ET
• Renewable energy capacity addition rises 80% to 3.4 GW during December quarter: ET
• DGFT notifies norms for import of calcined, raw pet coke for 2022-23: PTI
• India to have own NCAP rating for vehicle safety standard: Mint
• Amara Raja Batteries (AMRJ): 3Q Net Income Misses Estimates
• Bharat Forge (BHFC): To Buy 26% in Avaada Mhvidarbha for INR113.8M
• Bharti Airtel (BHARTI): Bundles 15 Streaming Services for $2 to Lure Users
• Eveready (EVRIN): Restrained from selling assets, deby recast
• Godawari Power (GODPI): Unit Resumes Operations at Solar Power Plant
• Gujarat Petronet (GUJS): 3Q Net Income Beats Estimates
• Gujarat Pipavav (GPPV): 3Q Net Income Misses Estimates
• Hindalco Industries (HNDL): Evaluating expanding aluminum capacity
• IRB Infra (IRB): 3Q Net Income Beats Estimates
• Quess Corp (QUESS):3Q Net Income Beats Estimates
• Rashtriya Chemicals (RCF): 3Q Net Income 1.43B Rupees vs 987.1M Y/y
• Sun TV (SUNTV): 3Q Net Income Beats Estimates
• Tata Chemicals (TTCH): 3Q Net Income Beats Estimates
• Tata Steel Long Products (TATASLPL): Approves raising up to 133B Rupees from Tata Steel
• Torrent Power (TPW): Buys solar plant from Blue Diamond, Balrampur
• Trent (TRENT): 3Q Net Income Beats Estimates
• Zomato (ZOMATO): 3Q Net Loss 632M Rupees, Est. Loss 4.08B Rupees
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Analysts/Investors Meeting
India Cements: The company's officials will meet investors and analysts on February 11 to discuss financial results.
Bajaj Finserv: The company's officials will meet institutional investors and analysts on February 11 to discuss financial results.
Gujarat Pipavav Port: The company's officials will meet investors and analysts on February 11 to discuss financial results.
Sarda Energy & Minerals: The company's officials will meet Axis Securities on February 11.
Jindal Stainless: The company's officials will attend Edelweiss India Conference 2022, India 2025 - The New Edge on February 11.
GR Infraprojects: The company's officials will meet investors on February 14 to discuss financial performance.
Hinduja Global Solutions: The company's officials will meet investors and analysts on February 14 to discuss financial performance.
Shree Pushkar Chemicals & Fertilisers: The company's officials will interact with analysts and institutional investors on February 15.
Mrs Bectors Food Specialities: The company's officials will meet investors and analysts on February 15 to discuss financial results.
Ashiana Housing: The company's officials will meet investors and analysts on February 15 to discuss financial results.
By: via @AlliesFin Serve Stock Market
India Cements: The company's officials will meet investors and analysts on February 11 to discuss financial results.
Bajaj Finserv: The company's officials will meet institutional investors and analysts on February 11 to discuss financial results.
Gujarat Pipavav Port: The company's officials will meet investors and analysts on February 11 to discuss financial results.
Sarda Energy & Minerals: The company's officials will meet Axis Securities on February 11.
Jindal Stainless: The company's officials will attend Edelweiss India Conference 2022, India 2025 - The New Edge on February 11.
GR Infraprojects: The company's officials will meet investors on February 14 to discuss financial performance.
Hinduja Global Solutions: The company's officials will meet investors and analysts on February 14 to discuss financial performance.
Shree Pushkar Chemicals & Fertilisers: The company's officials will interact with analysts and institutional investors on February 15.
Mrs Bectors Food Specialities: The company's officials will meet investors and analysts on February 15 to discuss financial results.
Ashiana Housing: The company's officials will meet investors and analysts on February 15 to discuss financial results.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Calls for today
10:00 AM Welspun Corp
Dial: +91 22 6280 1325
10:00 AM V-Mart Retail
Dial: +91 22 6280 1149
10:00 AM Cummins
Dial: +91 22 6280 1164
10:00 AM MTAR Technologi
Dial: +91 22 6280 1550
11:00 AM Tasty Bite
No Contact Available
11:00 AM Quess Corp
Dial: + 91 22 6280 1123
11:00 AM ABB India
(Press Release )
Dial: +91 22 6280 1376
11:00 AM CAMS
Dial: +91 22 6280 1550
11:00 AM Wonderla
Dial: +91 22 7195 0000
11:00 AM Automotive Axle
Dial: +912266085333
11:30 AM Tata Chemicals
(Results, Investor/Analyst Presentation)
Dial: +91 22 6280 1141
12:30 PM Hero Motocorp
Dial: +91 22 6280 1144
2:00 PM Divis Labs
Dial: +91 22 6280 1526
2:30 PM Can Fin Homes
No Contact Available
3:00 PM GIC
Dial: +91 22 6280 1107
*3:00 PM Titagarh Wagons *
Dial: +91 22 7195 0000
3:30 PM GNFC
Dial: +91 22 6280 1222
4:00 PM Mindspace Business
No Contact Available
4:00 PM Lemon Tree Hote
(Results, Investor/Analyst Presentation)
Dial: +91 22 6280 1141
4:00 PM Schneider Infra
Dial: +91 22 6280 1146
4:00 PM Globus Spirits
Dial: +91 22 6280 1256
4:00 PM PPAP Automotive
Dial: +91 22 6280 1309
4:00 PM Gulf Oil Lubric
Dial: +91 22 6280 1315
4:00 PM Insecticides
Dial: +91 22 6280 1317
4:00 PM IRB Infra
Dial: +91 22 6280 1341
4:00 PM Man Industries
Dial: +91 22 6280 1341
4:00 PM Panama Petro
Dial: +91 22 6280 1576
4:30 PM Sapphire Foods
Dial: +91 22 6280 1550
5:00 PM Bodal Chemicals
Dial: +91 22 6280 1106
5:00 PM United Drilling
Dial: +91 22 6280 1143
5:00 PM Sunteck Realty
Dial: +91 22 6280 1289
5:30 PM Puravankara
Dial: +91 22 6280 1325
5:30 PM Aegis Chemicals Inds. .
Dial: +91 22 6280 1550
6:00 PM Metropolis
Dial: +91 22 6280 1210
6:00 PM TCNS Clothing C
Dial: +91 22 6280 1309
6:00 PM Persistent
Dial: 000 800 919 0716
By: via @AlliesFin Serve Stock Market
10:00 AM Welspun Corp
Dial: +91 22 6280 1325
10:00 AM V-Mart Retail
Dial: +91 22 6280 1149
10:00 AM Cummins
Dial: +91 22 6280 1164
10:00 AM MTAR Technologi
Dial: +91 22 6280 1550
11:00 AM Tasty Bite
No Contact Available
11:00 AM Quess Corp
Dial: + 91 22 6280 1123
11:00 AM ABB India
(Press Release )
Dial: +91 22 6280 1376
11:00 AM CAMS
Dial: +91 22 6280 1550
11:00 AM Wonderla
Dial: +91 22 7195 0000
11:00 AM Automotive Axle
Dial: +912266085333
11:30 AM Tata Chemicals
(Results, Investor/Analyst Presentation)
Dial: +91 22 6280 1141
12:30 PM Hero Motocorp
Dial: +91 22 6280 1144
2:00 PM Divis Labs
Dial: +91 22 6280 1526
2:30 PM Can Fin Homes
No Contact Available
3:00 PM GIC
Dial: +91 22 6280 1107
*3:00 PM Titagarh Wagons *
Dial: +91 22 7195 0000
3:30 PM GNFC
Dial: +91 22 6280 1222
4:00 PM Mindspace Business
No Contact Available
4:00 PM Lemon Tree Hote
(Results, Investor/Analyst Presentation)
Dial: +91 22 6280 1141
4:00 PM Schneider Infra
Dial: +91 22 6280 1146
4:00 PM Globus Spirits
Dial: +91 22 6280 1256
4:00 PM PPAP Automotive
Dial: +91 22 6280 1309
4:00 PM Gulf Oil Lubric
Dial: +91 22 6280 1315
4:00 PM Insecticides
Dial: +91 22 6280 1317
4:00 PM IRB Infra
Dial: +91 22 6280 1341
4:00 PM Man Industries
Dial: +91 22 6280 1341
4:00 PM Panama Petro
Dial: +91 22 6280 1576
4:30 PM Sapphire Foods
Dial: +91 22 6280 1550
5:00 PM Bodal Chemicals
Dial: +91 22 6280 1106
5:00 PM United Drilling
Dial: +91 22 6280 1143
5:00 PM Sunteck Realty
Dial: +91 22 6280 1289
5:30 PM Puravankara
Dial: +91 22 6280 1325
5:30 PM Aegis Chemicals Inds. .
Dial: +91 22 6280 1550
6:00 PM Metropolis
Dial: +91 22 6280 1210
6:00 PM TCNS Clothing C
Dial: +91 22 6280 1309
6:00 PM Persistent
Dial: 000 800 919 0716
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Stocks in News
Torrent Power: The company acquired 25 MW solar power plant from Blue Diamond Properties & Balrampur Chini.
Zomato: The company posted loss at Rs 63.2 crore in Q3FY22 against loss of Rs 352.6 crore in Q3FY21; revenue jumped to Rs 1,112 crore from Rs 609.4 crore YoY.
Rashtriya Chemicals & Fertilizers: The company reported a sharply higher profit at Rs 143.15 crore in Q3FY22 against Rs 98.7 crore in Q3FY21. Revenue jumped to Rs 3,699.21 crore from Rs 2,047.88 crore YoY.
Tata Chemicals: The company's profit shot up to Rs 300.98 crore in Q3FY22 against Rs 160.85 crore in Q3FY21, and revenue rose to Rs 3,141.58 crore from Rs 2,606.08 crore YoY.
Trent: The company recorded sharply higher profit at Rs 113.78 crore in Q3FY22 against Rs 64.03 crore in Q3FY21. Revenue jumped to Rs 1,499.08 crore from Rs 853.63 crore YoY.
V-Mart Retail: The company recorded higher profit at Rs 57.11 crore in Q3FY22 against Rs 47.87 crore in Q3FY21, revenue surged to Rs 692.02 crore from Rs 470.02 crore YoY.
Sun TV Network: The company clocked higher profit at Rs 457.39 crore in Q3FY22 against Rs 441.82 crore in Q3FY21; revenue increased to Rs 1,033.1 crore from Rs 972.34 crore YoY.
Quess Corp: The company reported higher profit at Rs 88.51 crore in Q3FY22 against Rs 45.57 crore in Q3FY21; revenue jumped to Rs 3,684.98 crore from Rs 2,807.88 crore YoY.
By: via @AlliesFin Serve Stock Market
Torrent Power: The company acquired 25 MW solar power plant from Blue Diamond Properties & Balrampur Chini.
Zomato: The company posted loss at Rs 63.2 crore in Q3FY22 against loss of Rs 352.6 crore in Q3FY21; revenue jumped to Rs 1,112 crore from Rs 609.4 crore YoY.
Rashtriya Chemicals & Fertilizers: The company reported a sharply higher profit at Rs 143.15 crore in Q3FY22 against Rs 98.7 crore in Q3FY21. Revenue jumped to Rs 3,699.21 crore from Rs 2,047.88 crore YoY.
Tata Chemicals: The company's profit shot up to Rs 300.98 crore in Q3FY22 against Rs 160.85 crore in Q3FY21, and revenue rose to Rs 3,141.58 crore from Rs 2,606.08 crore YoY.
Trent: The company recorded sharply higher profit at Rs 113.78 crore in Q3FY22 against Rs 64.03 crore in Q3FY21. Revenue jumped to Rs 1,499.08 crore from Rs 853.63 crore YoY.
V-Mart Retail: The company recorded higher profit at Rs 57.11 crore in Q3FY22 against Rs 47.87 crore in Q3FY21, revenue surged to Rs 692.02 crore from Rs 470.02 crore YoY.
Sun TV Network: The company clocked higher profit at Rs 457.39 crore in Q3FY22 against Rs 441.82 crore in Q3FY21; revenue increased to Rs 1,033.1 crore from Rs 972.34 crore YoY.
Quess Corp: The company reported higher profit at Rs 88.51 crore in Q3FY22 against Rs 45.57 crore in Q3FY21; revenue jumped to Rs 3,684.98 crore from Rs 2,807.88 crore YoY.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Results on February 10:
Hero MotoCorp, Mahindra & Mahindra, Hindalco Industries, Zomato, ABB India, Aegis Logistics, Amara Raja Batteries, Alembic Pharmaceuticals, BEML, Bharat Forge, Computer Age Management Services, Cummins India, Gujarat Pipavav Port, Gujarat State Petronet, Hindustan Aeronautics, IRB Infrastructure Developers, Indian Railway Finance Corporation, Krishna Institute of Medical Sciences, Dr Lal PathLabs, Mindspace Business Parks REIT, MRF, MTAR Technologies, Novartis India, Page Industries, Quess Corp, Reliance Power, SJVN, Speciality Restaurants, Strides Pharma Science, Sundram Fasteners, Sunteck Realty, Sun TV Network, Tata Chemicals, Trent, Titagarh Wagons, Welspun Corp, Whirlpool of India, West Coast Paper Mills, and Zee Media Corporation will release their quarterly earnings on February 10.
By: via @AlliesFin Serve Stock Market
Hero MotoCorp, Mahindra & Mahindra, Hindalco Industries, Zomato, ABB India, Aegis Logistics, Amara Raja Batteries, Alembic Pharmaceuticals, BEML, Bharat Forge, Computer Age Management Services, Cummins India, Gujarat Pipavav Port, Gujarat State Petronet, Hindustan Aeronautics, IRB Infrastructure Developers, Indian Railway Finance Corporation, Krishna Institute of Medical Sciences, Dr Lal PathLabs, Mindspace Business Parks REIT, MRF, MTAR Technologies, Novartis India, Page Industries, Quess Corp, Reliance Power, SJVN, Speciality Restaurants, Strides Pharma Science, Sundram Fasteners, Sunteck Realty, Sun TV Network, Tata Chemicals, Trent, Titagarh Wagons, Welspun Corp, Whirlpool of India, West Coast Paper Mills, and Zee Media Corporation will release their quarterly earnings on February 10.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
#rbi policy repo rate unchanged at 4%
#alliesfin #banks
reverse repo unchanged at 3.35%
#creditpolicy
By: via @AlliesFin Serve Stock Market
#alliesfin #banks
reverse repo unchanged at 3.35%
#creditpolicy
By: via @AlliesFin Serve Stock Market
Thursday, 10 February 2022
@AlliesFin Serve Stock Market's Post
FNO RESULTS DATED ON 09 FEB 2022
1.ABBOTINDIA
2.ACC
3.AUROPHARMA
4.BERGERPAINT
5.BOSCHLTD
6.GMRINFRA
7.IBULHSGFIN
8.PETRONET
9.POWERGRID
10.SAIL
11.TATAPOWER
By: via @AlliesFin Serve Stock Market
1.ABBOTINDIA
2.ACC
3.AUROPHARMA
4.BERGERPAINT
5.BOSCHLTD
6.GMRINFRA
7.IBULHSGFIN
8.PETRONET
9.POWERGRID
10.SAIL
11.TATAPOWER
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
• India Postpones Rate Meeting as Subcontinent Mourns Loved Singer
o Bonds and FX markets shut Monday, stocks trading as normal
• India Watching Global Inflationary Developments, Sitharaman Says
• Blinken Seeks to Keep Pressure on China in Australia, Fiji Trip
o Quad bloc planning to push back on ‘aggression’ in region
• Saudi Arabia’s Aramco Raises Oil Prices as Crude Surges
• Top Indian Lender’s Profit Rises 62% on Improved Consumer Demand
• Exxon Looking at Signing Long-Term7 LNG Supply Contracts in India
• Tata Steel Profit Jumps on Higher Prices Even as Costs Rise
• Reliance Jio Users Face Some Service Outage in Mumbai
• Billionaire Bhatia to Helm IndiGo After Surprise Swing to Profit
o IndiGo sees strong yields continuing despite fewer flights
• India Will Wait For More Suitors to Sellu BPCL, Official Says
o Three suitors, including Vedanta, have expressed interest
• India’s Paytm Reports Wider Losses After Rocky IPO
• India Extends Rule Limiting Stockpiles of Edible Oils, Oilseeds
• India’s Winter Crop Area Increases Slightly From Year Earlier
• India’s FX Reserves Fall $4.53B to $629.8b in Week to Jan. 28
o India Official Reserves Drop to Lowest Since August
• India’s Sensex Clocks Best Weekly Gain Since Early January
• India’s Central Bank Rejects Bids at Weekly Sale in Yield Signal
• TVS Motor to Report Results; Shares up 3.1% YTD: Preview
• Global Funds Sell Net INR22.7B of India Stocks Friday: NSE
o Domestic funds buy net 6.22 billion rupees of stocks
• Foreign Investors Sell Net INR21B of Indian Equities on Thursday
• Foreigners Buy Net INR16.9B of Indian Equity Derivatives Friday
• Sri Lankan foreign minister to hold talks with Jaishankar: PTI
• LIC Names 6 Independent Directors to Board Ahead of IPO: PTI
• India’s digital currency to debut by early 2023: PTI
• FM urges India Inc to open up their purse to push growth: PTI
• India’s ‘voice’ Lata Mangeshkar is dead: PTI
• Adani Green (ADANIGR):Raises 6.12 Billion Rupees to Refinance Debt
• Affle India (AFFLE): 3Q Net Income Beats Estimates
• Astral (ASTRA):3Q Net Income Beats Estimates
• Bank of Baroda (BOB): 3Q Net Income 21.97B Rupees, Beats Est. 16.4b
• Cipla (CIPLA): CFO Kedar Upadhye Resigns From May 3; Will Announce Successor in Due Course
• City Union Bank (CUBK):3Q Net Income Misses Estimates
• CreditAccess Grameen (CREDAG):3Q Net Income Beats Estimates
• Eveready Industries (EVRIN):3Q Net Income 237.1M Rupees Vs. 488M Rupees Y/y
• Godrej Agrovet (GOAGRO):3Q Net Income Misses Estimates
• Gujarat Narmada Valley (GNFC):3Q Net Income 5.41B Rupees Vs. 2.43B Rupees Y/y
• IndiGo (INDIGO): IndiGo 3Q Net Income Beats Estimates;Doesn’t See Yield Declining: Dutta
• JK Cement (JKCE): 2Q Profit 1.67B Rupees, Misses Est. 1.88B
• Jubilant Pharmova (JUBLPHAR):3Q Net Income Misses Estimates
• Jyoti Structures (JYS): Wins INR1.24b Order from Adani Transmission (ADANIT)
• REC Ltd. (RECL): REC to Sell Gadag Transmission to Renew Transmission Ventures
• REC Ltd. (RECL): REC to Form 12 SPVS for Inter-State Transmission Projects
• Reliance Industries (RIL): Jio to Invest $15M in Deep-Tech Startup Two Platforms
• State Bank of India (SBIN): 3Q Net Income Beats Estimates; Gross NPA 4.5% vs. 4.9% q/q
• Siemens (SIEM):1Q Net Income7 Misses Estimates
• Shree Cement (SRCM):3Q Net Income Misses Estimates
• Thermax (TMX):3Q Net Income 794.5M Rupees Vs. 832.6M Rupees Y/y
• Ujjivan Small Finance Bank (UJJIVANS): 3Q Net Loss 338M Rupees, Est. loss 682m
• Zee Entertainment (Z): Says IndusInd Bank Seeks Insolvency Proceedings Against Co.
By: via @AlliesFin Serve Stock Market
o Bonds and FX markets shut Monday, stocks trading as normal
• India Watching Global Inflationary Developments, Sitharaman Says
• Blinken Seeks to Keep Pressure on China in Australia, Fiji Trip
o Quad bloc planning to push back on ‘aggression’ in region
• Saudi Arabia’s Aramco Raises Oil Prices as Crude Surges
• Top Indian Lender’s Profit Rises 62% on Improved Consumer Demand
• Exxon Looking at Signing Long-Term7 LNG Supply Contracts in India
• Tata Steel Profit Jumps on Higher Prices Even as Costs Rise
• Reliance Jio Users Face Some Service Outage in Mumbai
• Billionaire Bhatia to Helm IndiGo After Surprise Swing to Profit
o IndiGo sees strong yields continuing despite fewer flights
• India Will Wait For More Suitors to Sellu BPCL, Official Says
o Three suitors, including Vedanta, have expressed interest
• India’s Paytm Reports Wider Losses After Rocky IPO
• India Extends Rule Limiting Stockpiles of Edible Oils, Oilseeds
• India’s Winter Crop Area Increases Slightly From Year Earlier
• India’s FX Reserves Fall $4.53B to $629.8b in Week to Jan. 28
o India Official Reserves Drop to Lowest Since August
• India’s Sensex Clocks Best Weekly Gain Since Early January
• India’s Central Bank Rejects Bids at Weekly Sale in Yield Signal
• TVS Motor to Report Results; Shares up 3.1% YTD: Preview
• Global Funds Sell Net INR22.7B of India Stocks Friday: NSE
o Domestic funds buy net 6.22 billion rupees of stocks
• Foreign Investors Sell Net INR21B of Indian Equities on Thursday
• Foreigners Buy Net INR16.9B of Indian Equity Derivatives Friday
• Sri Lankan foreign minister to hold talks with Jaishankar: PTI
• LIC Names 6 Independent Directors to Board Ahead of IPO: PTI
• India’s digital currency to debut by early 2023: PTI
• FM urges India Inc to open up their purse to push growth: PTI
• India’s ‘voice’ Lata Mangeshkar is dead: PTI
• Adani Green (ADANIGR):Raises 6.12 Billion Rupees to Refinance Debt
• Affle India (AFFLE): 3Q Net Income Beats Estimates
• Astral (ASTRA):3Q Net Income Beats Estimates
• Bank of Baroda (BOB): 3Q Net Income 21.97B Rupees, Beats Est. 16.4b
• Cipla (CIPLA): CFO Kedar Upadhye Resigns From May 3; Will Announce Successor in Due Course
• City Union Bank (CUBK):3Q Net Income Misses Estimates
• CreditAccess Grameen (CREDAG):3Q Net Income Beats Estimates
• Eveready Industries (EVRIN):3Q Net Income 237.1M Rupees Vs. 488M Rupees Y/y
• Godrej Agrovet (GOAGRO):3Q Net Income Misses Estimates
• Gujarat Narmada Valley (GNFC):3Q Net Income 5.41B Rupees Vs. 2.43B Rupees Y/y
• IndiGo (INDIGO): IndiGo 3Q Net Income Beats Estimates;Doesn’t See Yield Declining: Dutta
• JK Cement (JKCE): 2Q Profit 1.67B Rupees, Misses Est. 1.88B
• Jubilant Pharmova (JUBLPHAR):3Q Net Income Misses Estimates
• Jyoti Structures (JYS): Wins INR1.24b Order from Adani Transmission (ADANIT)
• REC Ltd. (RECL): REC to Sell Gadag Transmission to Renew Transmission Ventures
• REC Ltd. (RECL): REC to Form 12 SPVS for Inter-State Transmission Projects
• Reliance Industries (RIL): Jio to Invest $15M in Deep-Tech Startup Two Platforms
• State Bank of India (SBIN): 3Q Net Income Beats Estimates; Gross NPA 4.5% vs. 4.9% q/q
• Siemens (SIEM):1Q Net Income7 Misses Estimates
• Shree Cement (SRCM):3Q Net Income Misses Estimates
• Thermax (TMX):3Q Net Income 794.5M Rupees Vs. 832.6M Rupees Y/y
• Ujjivan Small Finance Bank (UJJIVANS): 3Q Net Loss 338M Rupees, Est. loss 682m
• Zee Entertainment (Z): Says IndusInd Bank Seeks Insolvency Proceedings Against Co.
By: via @AlliesFin Serve Stock Market
Tuesday, 8 February 2022
@AlliesFin Serve Stock Market's Post
*SGX Nifty -36 pts (17484) from last trade 17520 ,*
Nikkei -225 pts ,
Hangseng +36 pts ,
Now @6.55am .
Dow -21.42 pts ,Nsdq +219.19 pts, S&P
+23.09 pts , Bovespa +549 pts , Ftse -12 pts , Dax -268 pts , Cac -54 pts , Crude @ $91.70 brl (-0.61), Brent @ $92.84 brl (-0.44) , Gold @ 1813.50 (+5.70), Silver @ $22.615 (+0.14), Euro @ $1.1454, JPY @ $115.15, INR @ 74.645
*Today's Corporate Action*
*7th Feb Ex Date*
COFORGE
Interim Dividend - Rs. - 13.0000
CONTROLPR
Interim Dividend - Rs. - 4.0000
EXIDEIND
Interim Dividend - Rs. - 2.0000
INFIBEAM
Interim Dividend - Rs. - 0.0500
KEI
Interim Dividend - Rs. - 2.5000
KKCL
Interim Dividend - Rs. - 4.0000
NIRMITEE
E.G.M.
ROUTE
Interim Dividend - Rs. - 3.0000
*Today's Key Results/Board Meetings*
*7-Feb-21*
Results on February 7: Union Bank of India, TVS Motor Company, NALCO, Borosil, Camlin Fine Sciences, Castrol India, Chemcon Speciality Chemicals, Clean Science and Technology, Fortis Malar Hospitals, Future Supply Chain Solutions, Gabriel India, Glaxosmithkline Pharmaceuticals, Indo Count Industries, Indian Bank, JM Financial, Jindal Stainless, Lasa Supergenerics, Likhitha Infrastructure, Nucleus Software Exports, Paisalo Digital, Peninsula Land, The Phoenix Mills, PB Fintech, Punjab & Sind Bank, Sansera Engineering, S H Kelkar and Company, Talbros Engineering, Tarsons Products, Texmaco Infrastructure, Texmaco Rail, Tube Investments of India, and Zodiac Energy will release quarterly earnings on February 7.
*Stock under F&O ban on NSE*
*7-Feb-21*
None
By: via @AlliesFin Serve Stock Market
Nikkei -225 pts ,
Hangseng +36 pts ,
Now @6.55am .
Dow -21.42 pts ,Nsdq +219.19 pts, S&P
+23.09 pts , Bovespa +549 pts , Ftse -12 pts , Dax -268 pts , Cac -54 pts , Crude @ $91.70 brl (-0.61), Brent @ $92.84 brl (-0.44) , Gold @ 1813.50 (+5.70), Silver @ $22.615 (+0.14), Euro @ $1.1454, JPY @ $115.15, INR @ 74.645
*Today's Corporate Action*
*7th Feb Ex Date*
COFORGE
Interim Dividend - Rs. - 13.0000
CONTROLPR
Interim Dividend - Rs. - 4.0000
EXIDEIND
Interim Dividend - Rs. - 2.0000
INFIBEAM
Interim Dividend - Rs. - 0.0500
KEI
Interim Dividend - Rs. - 2.5000
KKCL
Interim Dividend - Rs. - 4.0000
NIRMITEE
E.G.M.
ROUTE
Interim Dividend - Rs. - 3.0000
*Today's Key Results/Board Meetings*
*7-Feb-21*
Results on February 7: Union Bank of India, TVS Motor Company, NALCO, Borosil, Camlin Fine Sciences, Castrol India, Chemcon Speciality Chemicals, Clean Science and Technology, Fortis Malar Hospitals, Future Supply Chain Solutions, Gabriel India, Glaxosmithkline Pharmaceuticals, Indo Count Industries, Indian Bank, JM Financial, Jindal Stainless, Lasa Supergenerics, Likhitha Infrastructure, Nucleus Software Exports, Paisalo Digital, Peninsula Land, The Phoenix Mills, PB Fintech, Punjab & Sind Bank, Sansera Engineering, S H Kelkar and Company, Talbros Engineering, Tarsons Products, Texmaco Infrastructure, Texmaco Rail, Tube Investments of India, and Zodiac Energy will release quarterly earnings on February 7.
*Stock under F&O ban on NSE*
*7-Feb-21*
None
By: via @AlliesFin Serve Stock Market
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