Namaste !!
TG @AlliesFin
• India to Sell 1.5% Stake in ONGC Via an Offer for Sale
• Russia’s Lavrov to Make First India Trip Since War in Ukraine
• India Says Sustainable Fuel One Key to Cleaner Aviation Sector
• India Has Diversified Its Oil Basket to Mitigate Risks: Minister
• Coal Sector to Invest INR125b for 35 First Mile Projects: Minister
• India Approved 49 Applications for Bulk Drugs PLI Program
• U.S. Energy Storage Needs Policy Support to Keep Top Rank: BNEF
• India Extends Unrestricted Import Rule for Some Pulses
• India’s SEBI Tightens Rules for Collective Investment Plans
• India BCCI Releases Tender Invitation for IPL Media Rights
• Shelved Bond Deals Point to Strains in India Credit Market
o Firms pulled deals worth up to $1.4 bln combined recently
• RBI to Hold Swap Auction for $5 Bln on April 26: Statement
• InterGlobe Aviation Names New Finance Chief After CFO Resigns
• Global Funds Buy Net INR354.7M of India Stocks on Tuesday: NSE
o Domestic funds buy net 17.1b rupees of stocks
• Foreign Investors Sell Net INR3.91B of Indian Equities on Monday
• Foreigners Buy Net INR32.6B of Indian Equity Derivatives Tuesday
• U.S. Drug Supply Is Even More Reliant on India Than Thought
• Ukraine Update: Talks End With No Cease-Fire But Clearer Demands
• Foreign Minister of Mexico begins 3-day India visit on Wednesday: PTI
• Parliament passes Budget: FM says will ensure predictable recovery: PTI
• Army Chief to review India’s security preparedness on Wednesday: PTI
• Adani Enterprises (ADE): Gets Financial Closure of Navi Mumbai Airport Project; State Bank of India (SBIN) Underwrote the Entire Debt of INR128b
• Cerebra Integrated (CIT): Meeting on April 4 to Consider Rights Issue
• Exide Industries (EXID): Approves Merging Unit Chloride Power with Co.
• Future Enterprises Defaults on Debt Recast Payment Due to Banks
• Hero MotoCorp (HMCL): Says Not Served any Document on Tax Search, to Inform Exchange when Tax Dept Finding Known
• ICICI Bank (ICICIBC): To Buy 5.97% Stake in Open Network for INR100m
• IDBI Bank (IDBI): To Sell Ageas Federal Stake to Ageas Insurance
• Lemon Tree Hotels (LEMONTRE): Signed a License Pact for 132 room hotel project at Rishikesh Under it’s Luxury Brand Aurika
• State Bank of India (SBIN): To Buy Out SBI Global Factors Stakes from Existing Holders
• Tata Consumer (TCO): Board Approved Scheme of Arrangement with Tata Coffee, TCPL Beverages
• Welspun Corp (WLCO): Says Unit in Saudi Arabia Wins $132m order
By: via @AlliesFin Serve Stock Market
Wednesday, 30 March 2022
@AlliesFin Serve Stock Market's Post
Analysts/Investors Meetings on March 30
TG @AlliesFin
eClerx Services: The company's officials will meet L&T Mutual Fund, Sundaram Mutual Fund, DSP Fund, and HDFC Mutual Fund.
Sterlite Technologies: The company's officials will meet SBI General Insurance.
UltraTech Cement: The company's officials will meet Morgan Stanley Investment Management, Lion Global Investors, RWC Partners, FSSA Investment Managers, Comgest Asset Management, and Fullerton Fund Management Company.
Tatva Chintan Pharma Chem: The company's officials will meet Nippon, White Oak, UTI, and Max Life.
JSW Steel: The company's officials will meet institutional investors.
Gland Pharma: The company's officials will meet Mirae Asset Mutual Fund, and Sands Capital.
Greaves Cotton: The company's officials will meet TCG AMC, AV Fincorp, Varanium Capital Adviors, Prudent Value Partners, Moneybee, Oculus, Family Office Sundram, Oaklane Capital, and Quantam AMC.
By: via @AlliesFin Serve Stock Market
TG @AlliesFin
eClerx Services: The company's officials will meet L&T Mutual Fund, Sundaram Mutual Fund, DSP Fund, and HDFC Mutual Fund.
Sterlite Technologies: The company's officials will meet SBI General Insurance.
UltraTech Cement: The company's officials will meet Morgan Stanley Investment Management, Lion Global Investors, RWC Partners, FSSA Investment Managers, Comgest Asset Management, and Fullerton Fund Management Company.
Tatva Chintan Pharma Chem: The company's officials will meet Nippon, White Oak, UTI, and Max Life.
JSW Steel: The company's officials will meet institutional investors.
Gland Pharma: The company's officials will meet Mirae Asset Mutual Fund, and Sands Capital.
Greaves Cotton: The company's officials will meet TCG AMC, AV Fincorp, Varanium Capital Adviors, Prudent Value Partners, Moneybee, Oculus, Family Office Sundram, Oaklane Capital, and Quantam AMC.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
MARKET NEWS
TG @AlliesFin
M&M: RS 462.8CR BSE BLOCK TRADE; FOR ~5933334 SHARES, AT RS 780 (MULTIPLE BLOCKS)
ADANI POWER: Rs 23.67cr NSE Block Trade; for ~1346603 shares, at Rs 175.8 (MULTIPLE BLOCKS)
TATA MOTORS: RS 138.38CR NSE BLOCK TRADE; FOR ~3189129 SHARES, AT RS 433.9 (MULTIPLE BLOCKS)
SBI Life gains 2% after a stake sale by Canada Pension Fund in block deal window
Russia is going to be in deep recession this year, says Kristalina Georgieva, Managing Director, International Monetary Fund (Agenceis)
Overall estimated debt resolution stands at Rs 61K cr; Rs 55K cr debt resolution by Mar, 2022. Rs 6,500 cr debt resolution transactions waiting for approval by NCLT: CS Rajan, IL&FS
City Union Bank (CUB) has decided to recall the loan of ₹100 crore given to SpiceJet and has marked the account as a Special Mention Account (SMA) 1 because it has seen incipient stress. SpiceJet was given multiple notices to either pay back ₹100-crore bank overdraft or come up with a revival plan. Since the debt-strapped low-cost carrier did neither, the bank has started provisioning for the same. Negative
Strides Pharma R. Ananthanarayanan resigns as MD, CEO
Arun Kumar, founder, to take over as Executive Chairperson & MD effective April 7, 2022
Government to announce fifth tranche of commercial coal mine auction on March 30. To offer 109 coal mines under the fifth tranche of auctions
FII BUY NET INR 35.47 CR OF INDIA SHARES TODAY || DII BUY NET INR 1713.31 CR
ICICI Bank: To buy Open Network's 10 lakh shares for Rs 10 cr
Nymex crude below $102, Brent crude below $105
Crude slips over 4% each
Palladium drops as much as 7.2% as Russia signals pullback
LME aluminium falls 3.5% to one-week low after Russia comments
Russia making 2 steps to de-escalate Ukraine conflict; says Ukraine talks are now in practical phase (Agencies)
By: via @AlliesFin Serve Stock Market
TG @AlliesFin
M&M: RS 462.8CR BSE BLOCK TRADE; FOR ~5933334 SHARES, AT RS 780 (MULTIPLE BLOCKS)
ADANI POWER: Rs 23.67cr NSE Block Trade; for ~1346603 shares, at Rs 175.8 (MULTIPLE BLOCKS)
TATA MOTORS: RS 138.38CR NSE BLOCK TRADE; FOR ~3189129 SHARES, AT RS 433.9 (MULTIPLE BLOCKS)
SBI Life gains 2% after a stake sale by Canada Pension Fund in block deal window
Russia is going to be in deep recession this year, says Kristalina Georgieva, Managing Director, International Monetary Fund (Agenceis)
Overall estimated debt resolution stands at Rs 61K cr; Rs 55K cr debt resolution by Mar, 2022. Rs 6,500 cr debt resolution transactions waiting for approval by NCLT: CS Rajan, IL&FS
City Union Bank (CUB) has decided to recall the loan of ₹100 crore given to SpiceJet and has marked the account as a Special Mention Account (SMA) 1 because it has seen incipient stress. SpiceJet was given multiple notices to either pay back ₹100-crore bank overdraft or come up with a revival plan. Since the debt-strapped low-cost carrier did neither, the bank has started provisioning for the same. Negative
Strides Pharma R. Ananthanarayanan resigns as MD, CEO
Arun Kumar, founder, to take over as Executive Chairperson & MD effective April 7, 2022
Government to announce fifth tranche of commercial coal mine auction on March 30. To offer 109 coal mines under the fifth tranche of auctions
FII BUY NET INR 35.47 CR OF INDIA SHARES TODAY || DII BUY NET INR 1713.31 CR
ICICI Bank: To buy Open Network's 10 lakh shares for Rs 10 cr
Nymex crude below $102, Brent crude below $105
Crude slips over 4% each
Palladium drops as much as 7.2% as Russia signals pullback
LME aluminium falls 3.5% to one-week low after Russia comments
Russia making 2 steps to de-escalate Ukraine conflict; says Ukraine talks are now in practical phase (Agencies)
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Stocks in News
TG @ALLIESFIN
Sudarshan Chemical Industries: The board approved fund raising of up to Rs 200 crore through issue of non-convertible debentures, on private placement basis.
Ashapura Minechem: Porinju Veliyath-backed Equity Intelligence India sold 4.82 lakh equity shares in the company via open market transactions on March 24. With this, its shareholding in the company stands at 0.83 percent, down from 1.36 percent earlier.
Aurobindo Pharma: The company has acquired business and certain assets of Veritaz Healthcare, for Rs 171 crore. Veritaz operates in pharmaceutical industry in India and sells branded generic formulations and other health care related products.
Muthoot Capital Services: The company completed transaction of Rs 193.63 crore through securitisation of portfolio. This is the second securitisation carried out by the company during the FY22.
G R Infraprojects: The company has emerged as L-1 bidder for two projects - four laning of existing 2-lane stretch from Govindpur to Rajura in Maharashtra, and another four laning of existing 2-lane stretch from Bamni to MH/TG Border in Maharashta on Hybrid Annuity Mode under Commercial Operation NH(O).
Welspun Specialty Solutions: The company has received Rs 15.97 crore from one of its customers, a public sector undertaking after an arbitral award passed in favour of the company. This payment is with regard to certain disputes that arose out of a contract for supply of seamless pipes by the company.
Tata Power: The company has collaborated with Rustomjee Group, the leading real estate developer, to provide end-to-end electric vehicle charging solutions across all its residential and commercial projects in Mumbai Metropolitan Region (MMR).
By: via @AlliesFin Serve Stock Market
TG @ALLIESFIN
Sudarshan Chemical Industries: The board approved fund raising of up to Rs 200 crore through issue of non-convertible debentures, on private placement basis.
Ashapura Minechem: Porinju Veliyath-backed Equity Intelligence India sold 4.82 lakh equity shares in the company via open market transactions on March 24. With this, its shareholding in the company stands at 0.83 percent, down from 1.36 percent earlier.
Aurobindo Pharma: The company has acquired business and certain assets of Veritaz Healthcare, for Rs 171 crore. Veritaz operates in pharmaceutical industry in India and sells branded generic formulations and other health care related products.
Muthoot Capital Services: The company completed transaction of Rs 193.63 crore through securitisation of portfolio. This is the second securitisation carried out by the company during the FY22.
G R Infraprojects: The company has emerged as L-1 bidder for two projects - four laning of existing 2-lane stretch from Govindpur to Rajura in Maharashtra, and another four laning of existing 2-lane stretch from Bamni to MH/TG Border in Maharashta on Hybrid Annuity Mode under Commercial Operation NH(O).
Welspun Specialty Solutions: The company has received Rs 15.97 crore from one of its customers, a public sector undertaking after an arbitral award passed in favour of the company. This payment is with regard to certain disputes that arose out of a contract for supply of seamless pipes by the company.
Tata Power: The company has collaborated with Rustomjee Group, the leading real estate developer, to provide end-to-end electric vehicle charging solutions across all its residential and commercial projects in Mumbai Metropolitan Region (MMR).
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*SGX Nifty +144 pts (17533) from last trade 17389 ,*
Nikkei -266 pts ,
Hangseng +174 pts ,
Now @6.53am .
Dow +338.30 pts ,Nsdq +264.73 pts, S&P
+56.08 pts , Bovespa +1276 pts , Ftse +64 pts , Dax +402 pts , Cac +203 pts , Crude @ $105.77 brl (+1.43), Brent @ $109.12 brl (+0.40) , Gold @ 1918.90(+6.90), Silver @ $24.913 (+0.17), Euro @ $1.098, JPY @ $122.39, INR @ 75.645
*Today's Corporate Action*
*30th Mar Ex Date*
AMBUJACEM
Final Dividend - Rs. - 6.3000
CRISIL
Final Dividend - Rs. - 15.0000
CRISIL
Special Dividend - Rs. - 7.0000
DHAMPURSUG
Interim Dividend - Rs. - 6.0000
GILADAFINS
Bonus issue 1:1
GILADAFINS
Stock Split From Rs.10/- to Rs.5/-
SBICARD
Interim Dividend - Rs. - 2.5000
*Today's Key Results/Board Meetings*
*30-Mar-21*
INANI
General
JINDCAP
General
LELAVOIR
General
MEWATZI
General
SCANPGEOM
General
SEJAL
General
SUPRAP
General
ZDHJERK
General
*Stock under F&O ban on NSE*
*30-Mar-21*
1IDEA
2PVR
3SUNTV
By: via @AlliesFin Serve Stock Market
Nikkei -266 pts ,
Hangseng +174 pts ,
Now @6.53am .
Dow +338.30 pts ,Nsdq +264.73 pts, S&P
+56.08 pts , Bovespa +1276 pts , Ftse +64 pts , Dax +402 pts , Cac +203 pts , Crude @ $105.77 brl (+1.43), Brent @ $109.12 brl (+0.40) , Gold @ 1918.90(+6.90), Silver @ $24.913 (+0.17), Euro @ $1.098, JPY @ $122.39, INR @ 75.645
*Today's Corporate Action*
*30th Mar Ex Date*
AMBUJACEM
Final Dividend - Rs. - 6.3000
CRISIL
Final Dividend - Rs. - 15.0000
CRISIL
Special Dividend - Rs. - 7.0000
DHAMPURSUG
Interim Dividend - Rs. - 6.0000
GILADAFINS
Bonus issue 1:1
GILADAFINS
Stock Split From Rs.10/- to Rs.5/-
SBICARD
Interim Dividend - Rs. - 2.5000
*Today's Key Results/Board Meetings*
*30-Mar-21*
INANI
General
JINDCAP
General
LELAVOIR
General
MEWATZI
General
SCANPGEOM
General
SEJAL
General
SUPRAP
General
ZDHJERK
General
*Stock under F&O ban on NSE*
*30-Mar-21*
1IDEA
2PVR
3SUNTV
By: via @AlliesFin Serve Stock Market
Tuesday, 29 March 2022
@AlliesFin Serve Stock Market's Post
#stocklending offer #wockard #pharma April Series Rs 16 per share at #nse #alliesfin
lend your share. offer valid till buyer last.
By: via @AlliesFin Serve Stock Market
lend your share. offer valid till buyer last.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
#stocklending offer #wockard #pharma April Series Rs 5 per share at #nse #alliesfin
lend your share. offer valid till buyer last.
By: via @AlliesFin Serve Stock Market
lend your share. offer valid till buyer last.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Analysts/Investors Meetings on March 29
Welspun Corp: The company's officials will meet Dhanki Securities.
UltraTech Cement: The company's officials will meet Pacific Alliance Investment Management, Fidelity International, Wellington Management Company, T Rowe Price Investment Management, Aberdeen Asset Management, M&G Investment Management, and Franklin Templeton Asset Management.
Nuvoco Vistas Corporation: The company's officials will meet DAM Capital.
Tatva Chintan Pharma Chem: The company's officials will meet Mirae MF, and Sundaram.
Meghmani Organics: The company's officials will attend Axis Capital India Chemicals Conference 2022.
Neogen Chemicals: The company's officials will attend Axis Capital India Chemicals Conference 2022.
Fine Organic Industries: The company's officials will attend Axis Capital India Chemicals Conference 2022.
Mahindra Holidays & Resorts India: The company's officials will meet Motilal Oswal.
Hindustan Zinc: The company's officials will meet Janus Henderson.
Laxmi Organic Industries: The company's officials will attend HDFC Securities Investor Forum.
Container Corporation of India: The company's officials will meet Jefferies India.
Mahindra Lifespace Developers: The company's officials will attend Kotak - India Manufacturing Forum.
Oriental Aromatics: The company's officials will attend Axis Capital India Chemicals Conference 2022.
IIFL Finance: The company's officials will meet Abakkus Investments, and Omkara Capital.
Gati: The company's officials will meet Sell Side Analysts, and Franklin Templeton.
JSW Steel: The company's officials will meet Institutional Investors.
By: via @AlliesFin Serve Stock Market
Welspun Corp: The company's officials will meet Dhanki Securities.
UltraTech Cement: The company's officials will meet Pacific Alliance Investment Management, Fidelity International, Wellington Management Company, T Rowe Price Investment Management, Aberdeen Asset Management, M&G Investment Management, and Franklin Templeton Asset Management.
Nuvoco Vistas Corporation: The company's officials will meet DAM Capital.
Tatva Chintan Pharma Chem: The company's officials will meet Mirae MF, and Sundaram.
Meghmani Organics: The company's officials will attend Axis Capital India Chemicals Conference 2022.
Neogen Chemicals: The company's officials will attend Axis Capital India Chemicals Conference 2022.
Fine Organic Industries: The company's officials will attend Axis Capital India Chemicals Conference 2022.
Mahindra Holidays & Resorts India: The company's officials will meet Motilal Oswal.
Hindustan Zinc: The company's officials will meet Janus Henderson.
Laxmi Organic Industries: The company's officials will attend HDFC Securities Investor Forum.
Container Corporation of India: The company's officials will meet Jefferies India.
Mahindra Lifespace Developers: The company's officials will attend Kotak - India Manufacturing Forum.
Oriental Aromatics: The company's officials will attend Axis Capital India Chemicals Conference 2022.
IIFL Finance: The company's officials will meet Abakkus Investments, and Omkara Capital.
Gati: The company's officials will meet Sell Side Analysts, and Franklin Templeton.
JSW Steel: The company's officials will meet Institutional Investors.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
• India Says No Proposal to Buy Oil From Russia, Others in Rupee
• Cotton Jumps to Record High on Texas Drought, Rising Demand
• Renewables Firm Seeks First Indian Dollar Bond Since War Began
• Baring’s Citiustech Said to File Confidentially for U.S. IPO
o BPEA is also gauging interest among potential buyers
• U.K. Foreign Secretary Truss to Visit India on Mar. 31: MEA
• Ruchi Soya Retail Investors Can Withdraw Bids by Mar. 30: SEBI
• Nepal’s Prime Minister Deuba to Visit India April 1-3
• TANKER WEEKLY WRAP: Russia Oil Finds Ex-Europe Buyers; CPC Start
• Sea to Shut Shopee India Unit After Political Headwinds
• India Top Court Agrees to Hear Reliance Infra Plea Against DMRC
• Emerging Market ETFs Rise for 2nd Week in $4.33 Bln Streak
• Global Funds Sell Net INR8.01B of India Stocks Monday: NSE
o Domestic funds buy net 11.6b rupees of stocks
• Foreign Investors Sell Net INR13.9B of Indian Equities March 25
• Foreigners Buy Net INR34.3B of Indian Equity Derivatives Monday
• RBI to Conduct INR3T 2-day variable rate reverse repo auction auction
• Indian States to sell INR373.5B of bonds in auction: RBI
• G R Infraprojects (GRINFRA): Wins bids for INR9.07b and INR8.37b projects
• ICICI Bank (ICICIBC): To Buy Upto 15% Stake in IDRCL for INR75m
• Piramal Enterprises (PIEL): To raise Debenture Worth INR1.76b
• Tata Power (TPWR): Tie-up with Rustomjee for EV Charging Infrastructure
By: via @AlliesFin Serve Stock Market
• Cotton Jumps to Record High on Texas Drought, Rising Demand
• Renewables Firm Seeks First Indian Dollar Bond Since War Began
• Baring’s Citiustech Said to File Confidentially for U.S. IPO
o BPEA is also gauging interest among potential buyers
• U.K. Foreign Secretary Truss to Visit India on Mar. 31: MEA
• Ruchi Soya Retail Investors Can Withdraw Bids by Mar. 30: SEBI
• Nepal’s Prime Minister Deuba to Visit India April 1-3
• TANKER WEEKLY WRAP: Russia Oil Finds Ex-Europe Buyers; CPC Start
• Sea to Shut Shopee India Unit After Political Headwinds
• India Top Court Agrees to Hear Reliance Infra Plea Against DMRC
• Emerging Market ETFs Rise for 2nd Week in $4.33 Bln Streak
• Global Funds Sell Net INR8.01B of India Stocks Monday: NSE
o Domestic funds buy net 11.6b rupees of stocks
• Foreign Investors Sell Net INR13.9B of Indian Equities March 25
• Foreigners Buy Net INR34.3B of Indian Equity Derivatives Monday
• RBI to Conduct INR3T 2-day variable rate reverse repo auction auction
• Indian States to sell INR373.5B of bonds in auction: RBI
• G R Infraprojects (GRINFRA): Wins bids for INR9.07b and INR8.37b projects
• ICICI Bank (ICICIBC): To Buy Upto 15% Stake in IDRCL for INR75m
• Piramal Enterprises (PIEL): To raise Debenture Worth INR1.76b
• Tata Power (TPWR): Tie-up with Rustomjee for EV Charging Infrastructure
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Business News Headlines*
*Economic Times*
Ø Kalyan Jewellers to appoint former CAG Vinod Rai as chairman
Ø War for instant grocery delivery set to intensify with entry of Reliance's JioMart
Ø Sebi penalises erstwhile Essar Steel India for disclosure lapses
Ø EKI board okays 200% interim dividend of Rs 20 per share
Ø Axis Bank, kept out of Reliance Capital insolvency process, eyes legal options
Ø Govt's total liabilities rise 2% to Rs 128.41 lakh cr in December quarter
Ø India says no plans for now to buy Russian oil in rupees
Ø IT raids at premises linked to Hiranandani group concludes
Ø EPFO may consider more govt bonds and equity investments
Ø Steel cos have agreed to cut prices for MSMEs despite disruption: RCP Singh
Ø Ruchi Soya FPO: SEBI orders three-day window for investors to withdraw applications
Ø Indiabulls Housing to raise Rs 50,000 crore growth capital next fisc, eyes 20% loan sales
*Business Standard*
Ø Biden unveils $5.8-trillion Budget plan with record increase in tax
Ø Post record Rs 1.1 trn FY22 IPO fundraise, next fiscal may set new record
Ø E-commerce portal Shopee shuts shop in India, CAIT welcomes move
Ø Air traffic likely to soar as regular foreign flights take wing after 2 yrs
Ø Strategy needed for 300 mt steel output target by 2030: Minister
Ø 11 crypto exchanges found to be evading Rs 81.54 cr in GST, says govt
Ø Govt seeks to change rules related to vehicles' fitness testing
Ø Indian Hotels nears record high ahead of fixing of QIP price band
Ø Vedanta to invest $1.5 bn across oil, zinc, steel businesses
Ø E-two wheelers on fire brings safety of Li-ion batteries under spotlight
*Financial Express*
Ø EV infra vital to electric mobility’s future
Ø RBI’s new rules for MFIs to aid profitability, says Crisil
Ø Auto fuel prices hiked again by 80 paise a litre
Ø SEBI refuses to disclose NSE inspection reports under RTI
Ø Jefferies sees this Indian stock as an attractive China+1 play, expects up to 44% upside
*Business news*
• India Says No Proposal to Buy Oil From Russia, Others in Rupee
• Cotton Jumps to Record High on Texas Drought, Rising Demand
• Renewables Firm Seeks First Indian Dollar Bond Since War Began
• Baring’s Citiustech Said to File Confidentially for U.S. IPO
o BPEA is also gauging interest among potential buyers
• U.K. Foreign Secretary Truss to Visit India on Mar. 31: MEA
• Ruchi Soya Retail Investors Can Withdraw Bids by Mar. 30: SEBI
• Nepal’s Prime Minister Deuba to Visit India April 1-3
• TANKER WEEKLY WRAP: Russia Oil Finds Ex-Europe Buyers; CPC Start
• Sea to Shut Shopee India Unit After Political Headwinds
• India Top Court Agrees to Hear Reliance Infra Plea Against DMRC
• Emerging Market ETFs Rise for 2nd Week in $4.33 Bln Streak
• Global Funds Sell Net INR8.01B of India Stocks Monday: NSE
o Domestic funds buy net 11.6b rupees of stocks
• Foreign Investors Sell Net INR13.9B of Indian Equities March 25
• Foreigners Buy Net INR34.3B of Indian Equity Derivatives Monday
• RBI to Conduct INR3T 2-day variable rate reverse repo auction auction
• Indian States to sell INR373.5B of bonds in auction: RBI
• G R Infraprojects (GRINFRA): Wins bids for INR9.07b and INR8.37b projects
• ICICI Bank (ICICIBC): To Buy Upto 15% Stake in IDRCL for INR75m
• Piramal Enterprises (PIEL): To raise Debenture Worth INR1.76b
• Tata Power (TPWR): Tie-up with Rustomjee for EV Charging Infrastructure
By: via @AlliesFin Serve Stock Market
*Economic Times*
Ø Kalyan Jewellers to appoint former CAG Vinod Rai as chairman
Ø War for instant grocery delivery set to intensify with entry of Reliance's JioMart
Ø Sebi penalises erstwhile Essar Steel India for disclosure lapses
Ø EKI board okays 200% interim dividend of Rs 20 per share
Ø Axis Bank, kept out of Reliance Capital insolvency process, eyes legal options
Ø Govt's total liabilities rise 2% to Rs 128.41 lakh cr in December quarter
Ø India says no plans for now to buy Russian oil in rupees
Ø IT raids at premises linked to Hiranandani group concludes
Ø EPFO may consider more govt bonds and equity investments
Ø Steel cos have agreed to cut prices for MSMEs despite disruption: RCP Singh
Ø Ruchi Soya FPO: SEBI orders three-day window for investors to withdraw applications
Ø Indiabulls Housing to raise Rs 50,000 crore growth capital next fisc, eyes 20% loan sales
*Business Standard*
Ø Biden unveils $5.8-trillion Budget plan with record increase in tax
Ø Post record Rs 1.1 trn FY22 IPO fundraise, next fiscal may set new record
Ø E-commerce portal Shopee shuts shop in India, CAIT welcomes move
Ø Air traffic likely to soar as regular foreign flights take wing after 2 yrs
Ø Strategy needed for 300 mt steel output target by 2030: Minister
Ø 11 crypto exchanges found to be evading Rs 81.54 cr in GST, says govt
Ø Govt seeks to change rules related to vehicles' fitness testing
Ø Indian Hotels nears record high ahead of fixing of QIP price band
Ø Vedanta to invest $1.5 bn across oil, zinc, steel businesses
Ø E-two wheelers on fire brings safety of Li-ion batteries under spotlight
*Financial Express*
Ø EV infra vital to electric mobility’s future
Ø RBI’s new rules for MFIs to aid profitability, says Crisil
Ø Auto fuel prices hiked again by 80 paise a litre
Ø SEBI refuses to disclose NSE inspection reports under RTI
Ø Jefferies sees this Indian stock as an attractive China+1 play, expects up to 44% upside
*Business news*
• India Says No Proposal to Buy Oil From Russia, Others in Rupee
• Cotton Jumps to Record High on Texas Drought, Rising Demand
• Renewables Firm Seeks First Indian Dollar Bond Since War Began
• Baring’s Citiustech Said to File Confidentially for U.S. IPO
o BPEA is also gauging interest among potential buyers
• U.K. Foreign Secretary Truss to Visit India on Mar. 31: MEA
• Ruchi Soya Retail Investors Can Withdraw Bids by Mar. 30: SEBI
• Nepal’s Prime Minister Deuba to Visit India April 1-3
• TANKER WEEKLY WRAP: Russia Oil Finds Ex-Europe Buyers; CPC Start
• Sea to Shut Shopee India Unit After Political Headwinds
• India Top Court Agrees to Hear Reliance Infra Plea Against DMRC
• Emerging Market ETFs Rise for 2nd Week in $4.33 Bln Streak
• Global Funds Sell Net INR8.01B of India Stocks Monday: NSE
o Domestic funds buy net 11.6b rupees of stocks
• Foreign Investors Sell Net INR13.9B of Indian Equities March 25
• Foreigners Buy Net INR34.3B of Indian Equity Derivatives Monday
• RBI to Conduct INR3T 2-day variable rate reverse repo auction auction
• Indian States to sell INR373.5B of bonds in auction: RBI
• G R Infraprojects (GRINFRA): Wins bids for INR9.07b and INR8.37b projects
• ICICI Bank (ICICIBC): To Buy Upto 15% Stake in IDRCL for INR75m
• Piramal Enterprises (PIEL): To raise Debenture Worth INR1.76b
• Tata Power (TPWR): Tie-up with Rustomjee for EV Charging Infrastructure
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*SGX Nifty +111 pts (17387) from last trade 17276 ,*
Nikkei +214 pts ,
Hangseng +86 pts ,
Now @6.55am .
Dow +94.65 pts ,Nsdq +185.60 pts, S&P
+32.46 pts , Bovespa -343 pts , Ftse -10 pts , Dax +111 pts , Cac +35 pts , Crude @ $104.02 brl (-1.94), Brent @ $112.48 brl (-3.57) , Gold @ 1922.20(-17.60), Silver @ $25.05 (-0.14), Euro @ $1.0933, JPY @ $123.64, INR @ 76.085
*Today's Corporate Action*
*29th Mar Ex Date*
ARCFIN
Stock Split From Rs.10/- to Rs.1/-
BEML
Interim Dividend - Rs. - 5.0000
GIANLIFE
Bonus issue 6:5
HUDCO
Interim Dividend - Rs. - 0.7500
NEPTEXP
Amalgamation
NORTHPR
Amalgamation
SBILIFE
Interim Dividend - Rs. - 2.0000
SUNCLAYLTD
Interim Dividend - Rs. - 44.0000
TEATIME
Amalgamation
*Today's Key Results/Board Meetings*
*29-Mar-21*
AML
General
ANG
General
CANFINHOME
General
COASTCORP
Right Issue of Equity Shares;General
DWARKESH
Interim Dividend
EDELWEISS
Interim Dividend
FILATEX
Buy Back of Shares
HITTCO
General
KATRSPG
General
ONEGLOBAL
General
PNB
General
RISHIROOP
General
SURINDL
General
VIDLI
General
*Stock under F&O ban on NSE*
*29-Mar-21*
1IDEA
2PVR
3SUNTV
By: via @AlliesFin Serve Stock Market
Nikkei +214 pts ,
Hangseng +86 pts ,
Now @6.55am .
Dow +94.65 pts ,Nsdq +185.60 pts, S&P
+32.46 pts , Bovespa -343 pts , Ftse -10 pts , Dax +111 pts , Cac +35 pts , Crude @ $104.02 brl (-1.94), Brent @ $112.48 brl (-3.57) , Gold @ 1922.20(-17.60), Silver @ $25.05 (-0.14), Euro @ $1.0933, JPY @ $123.64, INR @ 76.085
*Today's Corporate Action*
*29th Mar Ex Date*
ARCFIN
Stock Split From Rs.10/- to Rs.1/-
BEML
Interim Dividend - Rs. - 5.0000
GIANLIFE
Bonus issue 6:5
HUDCO
Interim Dividend - Rs. - 0.7500
NEPTEXP
Amalgamation
NORTHPR
Amalgamation
SBILIFE
Interim Dividend - Rs. - 2.0000
SUNCLAYLTD
Interim Dividend - Rs. - 44.0000
TEATIME
Amalgamation
*Today's Key Results/Board Meetings*
*29-Mar-21*
AML
General
ANG
General
CANFINHOME
General
COASTCORP
Right Issue of Equity Shares;General
DWARKESH
Interim Dividend
EDELWEISS
Interim Dividend
FILATEX
Buy Back of Shares
HITTCO
General
KATRSPG
General
ONEGLOBAL
General
PNB
General
RISHIROOP
General
SURINDL
General
VIDLI
General
*Stock under F&O ban on NSE*
*29-Mar-21*
1IDEA
2PVR
3SUNTV
By: via @AlliesFin Serve Stock Market
Monday, 28 March 2022
@AlliesFin Serve Stock Market's Post
*Mkt. Updates :*
*SGX Nifty -47 pts (17170) from last trade 17217 ,*
Nikkei -234 pts ,
Hangseng +17 pts ,
Now @6.53am .
Dow +153.30 pts ,Nsdq -22.54 pts, S&P
+22.90 pts , Bovespa +28 pts , Ftse +15 pts , Dax +31 pts , Cac -2 pts , Crude @ $110.76 brl (-3.14), Brent @ $117.25 brl (-3.57) , Gold @ 1955.60(+1.40), Silver @ $26.675 (+0.06), Euro @ $1.098, JPY @ $122.28, INR @ 76.285
*US GOVT. 10-YEAR YIELD : 2.47%*
*Today's Corporate Action*
*28th Mar Ex Date :*
GOLDIAM
Stock Split From Rs.10/- to Rs.2/-
SAIL
Interim Dividend - Rs. - 2.5000
*Today's Key Results/Board Meetings, 28-Mar-21 :*
AMBITION
Quarterly Results
BARBEQUE
General
DISAQ
Interim Dividend
DOLFIN
Bonus issue;Increase in Authorised Capital;General
EKI
Interim Dividend
ELCIDIN
Voluntary Delisting of Shares
INDRANIB
General;Preferential Issue of shares
JAIMATAG
General
JYOTIRES
General
KAMAHOLD
Interim Dividend
LACTOSE
Preferential Issue of shares
RRIL
Scheme of Arrangement
SEAMECLTD
Scheme of Arrangement
SUDARSCHEM
General
SUKHJITS
Preferential Issue of shares
UNISON
General
*SEC. IN F&O BAN FOR, 28-Mar-21 :*
*1. IBULHSGFIN 2. IDEA 3. L&TFH 4. SAIL 5. SUNTV*
By: via @AlliesFin Serve Stock Market
*SGX Nifty -47 pts (17170) from last trade 17217 ,*
Nikkei -234 pts ,
Hangseng +17 pts ,
Now @6.53am .
Dow +153.30 pts ,Nsdq -22.54 pts, S&P
+22.90 pts , Bovespa +28 pts , Ftse +15 pts , Dax +31 pts , Cac -2 pts , Crude @ $110.76 brl (-3.14), Brent @ $117.25 brl (-3.57) , Gold @ 1955.60(+1.40), Silver @ $26.675 (+0.06), Euro @ $1.098, JPY @ $122.28, INR @ 76.285
*US GOVT. 10-YEAR YIELD : 2.47%*
*Today's Corporate Action*
*28th Mar Ex Date :*
GOLDIAM
Stock Split From Rs.10/- to Rs.2/-
SAIL
Interim Dividend - Rs. - 2.5000
*Today's Key Results/Board Meetings, 28-Mar-21 :*
AMBITION
Quarterly Results
BARBEQUE
General
DISAQ
Interim Dividend
DOLFIN
Bonus issue;Increase in Authorised Capital;General
EKI
Interim Dividend
ELCIDIN
Voluntary Delisting of Shares
INDRANIB
General;Preferential Issue of shares
JAIMATAG
General
JYOTIRES
General
KAMAHOLD
Interim Dividend
LACTOSE
Preferential Issue of shares
RRIL
Scheme of Arrangement
SEAMECLTD
Scheme of Arrangement
SUDARSCHEM
General
SUKHJITS
Preferential Issue of shares
UNISON
General
*SEC. IN F&O BAN FOR, 28-Mar-21 :*
*1. IBULHSGFIN 2. IDEA 3. L&TFH 4. SAIL 5. SUNTV*
By: via @AlliesFin Serve Stock Market
Friday, 25 March 2022
@AlliesFin Serve Stock Market's Post
#stocklending offer #escorts Rs 255 per share.
offer valid till buyer there. #alliesfin #nse #start #stock #lending
By: via @AlliesFin Serve Stock Market
offer valid till buyer there. #alliesfin #nse #start #stock #lending
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
TCS Buyback Acceptance Ratio Announced
13 Shares got accepted out of 50 in Retail,
10 shares got accepted out of 44 in retail, Unaccepted Shares will be released on 28 March.
Those who Participated through 1 Share has been Accepted of All Investors
Amount for accepted Shares will be received on the same date in Bank
By: via @AlliesFin Serve Stock Market
13 Shares got accepted out of 50 in Retail,
10 shares got accepted out of 44 in retail, Unaccepted Shares will be released on 28 March.
Those who Participated through 1 Share has been Accepted of All Investors
Amount for accepted Shares will be received on the same date in Bank
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Stocks in News
Zen Technologies: Company secures a Project Sanction Order (PSO) from Indian Army. (Positive)
Capri Global Housing Finance: Company and SBI sign co‐lending agreement for housing loans (Positive)
PNB Housing Finance: Company and SBI sign co‐lending agreement for housing loans (Positive)
GTPL Hathway; Ropes-in Verimatrix for Secure Sweeping Android TV Rollout (Positive)
GR Infra: Company has received order from NHAI worth of Rs 907.0 crore for "4-Laning of Ujjain-Badnawar Section (Positive)
Motherson wins order to manufacture, supply aftermarket molded polymer parts for commercial plane interiors (Positive)
Laurus Labs: Company gets US FDA nod for a HIV drug (Positive)
Kalpataru Power: SBI Funds Management acquired 14.5 lakh equity shares in the EPC company (Positive)
Tata Consumer: The company will consider issuing equity shares up to 1.5 percent to a foreign company through preferential allotment on March 29 (Positive)
Shaily Engineering: Lighthouse India III Equity Investors Ltd & PACs bought 2.48 percent in the company . (Positive)
Kohinoor Foods: The board has approved the sale of the factory unit of the company at Sonepat (Haryana), by way of slump sale (Positive)
Exide Industries: The company's subsidiary Chloride Metals has started commercial production at its newly set-up greenfield manufacturing facility of battery recycling at Haldia. (Positive)
Anjani Foods: The company has executed a joint venture agreement with joint venture company Senta Foodwork (Positive)
NTPC: Says Ramagundam Floating Solar PV Project Begins Operation (Positive)
Kotak Bank: Canada Pension Plan Investment Board (CPPIB)'s Rs 6800 Kotak Large Trade (4 Crore Shares) (Positive)
Vikas EcoTech: Nomura Singapore acquired 66 lakh equity shares in the company (Positive)
Lupin: Gets Approval from U.S. FDA for Sildenafil for Oral Suspension (Positive)
Aurum Proptech: The company will acquire Helloworld Technologies for Rs 42 crore (Positive)
Yes Bank: Board will meet on April 12 to consider the early redemption of several lower tier-II and upper tier-II bonds and interest payment date (Positive)
Zee: CEO has said merger will create $10 bln media giant (Positive)
Bank Of Baroda allotted 12 cr shares of National Asset Reconstruction Company under preferential share allotment (Neutral)
PNB: Company allotted 1.8 cr shares of NARCL under preferential share allotment (Neutral)
State Bank of India: Acquires 9.9% Stake in National Asset Reconstruction Co. (Neutral)
Oil marketing companies: Indian oil marketing companies have lost $2.25 billion in revenue between November & March, says Moody's (Negative)
Future Enterprises: Couldn’t Pay INR939.9m Due to Lenders Punjab National Bank, Canara Bank (Negative)
By: via @AlliesFin Serve Stock Market
Zen Technologies: Company secures a Project Sanction Order (PSO) from Indian Army. (Positive)
Capri Global Housing Finance: Company and SBI sign co‐lending agreement for housing loans (Positive)
PNB Housing Finance: Company and SBI sign co‐lending agreement for housing loans (Positive)
GTPL Hathway; Ropes-in Verimatrix for Secure Sweeping Android TV Rollout (Positive)
GR Infra: Company has received order from NHAI worth of Rs 907.0 crore for "4-Laning of Ujjain-Badnawar Section (Positive)
Motherson wins order to manufacture, supply aftermarket molded polymer parts for commercial plane interiors (Positive)
Laurus Labs: Company gets US FDA nod for a HIV drug (Positive)
Kalpataru Power: SBI Funds Management acquired 14.5 lakh equity shares in the EPC company (Positive)
Tata Consumer: The company will consider issuing equity shares up to 1.5 percent to a foreign company through preferential allotment on March 29 (Positive)
Shaily Engineering: Lighthouse India III Equity Investors Ltd & PACs bought 2.48 percent in the company . (Positive)
Kohinoor Foods: The board has approved the sale of the factory unit of the company at Sonepat (Haryana), by way of slump sale (Positive)
Exide Industries: The company's subsidiary Chloride Metals has started commercial production at its newly set-up greenfield manufacturing facility of battery recycling at Haldia. (Positive)
Anjani Foods: The company has executed a joint venture agreement with joint venture company Senta Foodwork (Positive)
NTPC: Says Ramagundam Floating Solar PV Project Begins Operation (Positive)
Kotak Bank: Canada Pension Plan Investment Board (CPPIB)'s Rs 6800 Kotak Large Trade (4 Crore Shares) (Positive)
Vikas EcoTech: Nomura Singapore acquired 66 lakh equity shares in the company (Positive)
Lupin: Gets Approval from U.S. FDA for Sildenafil for Oral Suspension (Positive)
Aurum Proptech: The company will acquire Helloworld Technologies for Rs 42 crore (Positive)
Yes Bank: Board will meet on April 12 to consider the early redemption of several lower tier-II and upper tier-II bonds and interest payment date (Positive)
Zee: CEO has said merger will create $10 bln media giant (Positive)
Bank Of Baroda allotted 12 cr shares of National Asset Reconstruction Company under preferential share allotment (Neutral)
PNB: Company allotted 1.8 cr shares of NARCL under preferential share allotment (Neutral)
State Bank of India: Acquires 9.9% Stake in National Asset Reconstruction Co. (Neutral)
Oil marketing companies: Indian oil marketing companies have lost $2.25 billion in revenue between November & March, says Moody's (Negative)
Future Enterprises: Couldn’t Pay INR939.9m Due to Lenders Punjab National Bank, Canara Bank (Negative)
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*SGX Nifty +54 pts (17269) from last trade 17215 ,*
Nikkei -48 pts ,
Hangseng -210 pts ,
Now @6.53am .
Dow +349.44 pts ,Nsdq +269.24 pts, S&P
+63.92 pts , Bovespa +1595 pts , Ftse +6 pts , Dax -9 pts , Cac -25 pts , Crude @ $111.01 brl (-1.07), Brent @ $117.96 brl (+0.99) , Gold @ 1961.80(-0.40), Silver @ $25.90 (-0.02), Euro @ $1.1007, JPY @ $122.06, INR @ 76.305
*Today's Corporate Action*
*25th Mar Ex Date*
APOLLO
General
ASRL
General
HPAL
General
ISTRNETWK
Issue Of Warrants;General
JINDHOT
General
JSTL
General
JYOTISTRUC
Increase in Authorised Capital;General;Quarterly Results
MIC
General
NGIL
Right Issue of Equity Shares;General
POLYSPIN
General
PUNJCOMMU
General
SAGCEM
Preferential Issue of shares
TRANSCOR
General
WIPRO
Interim Dividend
*Today's Key Results/Board Meetings*
*25-Mar-21*
CENTEXT
E.G.M.
DATAINFRA
Income Distribution (InvIT)
DILIGENT
E.G.M.
TIJARIA
E.G.M.
TVSMOTOR
Interim Dividend - Rs. - 3.7500
*Stock under F&O ban on NSE*
*25-Mar-21*
1BALRAMCHIN
2DELTACORP
3IBULHSGFIN
4IDEA
5L&TFH
6SAIL
7SUNTV
By: via @AlliesFin Serve Stock Market
Nikkei -48 pts ,
Hangseng -210 pts ,
Now @6.53am .
Dow +349.44 pts ,Nsdq +269.24 pts, S&P
+63.92 pts , Bovespa +1595 pts , Ftse +6 pts , Dax -9 pts , Cac -25 pts , Crude @ $111.01 brl (-1.07), Brent @ $117.96 brl (+0.99) , Gold @ 1961.80(-0.40), Silver @ $25.90 (-0.02), Euro @ $1.1007, JPY @ $122.06, INR @ 76.305
*Today's Corporate Action*
*25th Mar Ex Date*
APOLLO
General
ASRL
General
HPAL
General
ISTRNETWK
Issue Of Warrants;General
JINDHOT
General
JSTL
General
JYOTISTRUC
Increase in Authorised Capital;General;Quarterly Results
MIC
General
NGIL
Right Issue of Equity Shares;General
POLYSPIN
General
PUNJCOMMU
General
SAGCEM
Preferential Issue of shares
TRANSCOR
General
WIPRO
Interim Dividend
*Today's Key Results/Board Meetings*
*25-Mar-21*
CENTEXT
E.G.M.
DATAINFRA
Income Distribution (InvIT)
DILIGENT
E.G.M.
TIJARIA
E.G.M.
TVSMOTOR
Interim Dividend - Rs. - 3.7500
*Stock under F&O ban on NSE*
*25-Mar-21*
1BALRAMCHIN
2DELTACORP
3IBULHSGFIN
4IDEA
5L&TFH
6SAIL
7SUNTV
By: via @AlliesFin Serve Stock Market
Thursday, 24 March 2022
@AlliesFin Serve Stock Market's Post
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 24-03-2022 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +3552*
*INDEX FUT. : -859*
*INDEX OPT. : +5853*
*STOCK FUT. : -1191*
*STOCK OPT. : -251*
*SEC IN F&O BAN FOR, 25 Mar, 2022 :*
*1. IBULHSGFIN 2. BALRAMCHIN 3. DELTACORP 4. IDEA 5. SUNTV 6. SAIL 7. L&TFH*
*ADDITION : IDEA, L&TFH*
*DELETION : GNFC*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 24-MAR-22 : (Rs. CRS )*
*FIIS : SELL -1,741 (13,101-14,842)*
*DIIS : BUY +2091 (6,981-4,890)*
*BSE SENSEX : -89 (57,596)*
*NSE NIFTY : -23 (17,223)*
*BSE MIDCAP. : +82 (23,875)*
*BSE SMLCAP. : +45 (27,892)*
*B. CRUDE : $ 121.66 (5pm)*
*GOLD: $1946=INR 52650(10gr)(5pm)*
*SILVER :* *RS. 68,500 (kg) (5pm) *
*FOREX : RS. : $ 76.3650*
*6.54% GOI '32 : 6.8340%(97.91)*
*6.10% GOI '31 : 6.8610% (94.82)*
*6.67% GOI '35 : 7.1497% (95.8350)*
By: via @AlliesFin Serve Stock Market
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +3552*
*INDEX FUT. : -859*
*INDEX OPT. : +5853*
*STOCK FUT. : -1191*
*STOCK OPT. : -251*
*SEC IN F&O BAN FOR, 25 Mar, 2022 :*
*1. IBULHSGFIN 2. BALRAMCHIN 3. DELTACORP 4. IDEA 5. SUNTV 6. SAIL 7. L&TFH*
*ADDITION : IDEA, L&TFH*
*DELETION : GNFC*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 24-MAR-22 : (Rs. CRS )*
*FIIS : SELL -1,741 (13,101-14,842)*
*DIIS : BUY +2091 (6,981-4,890)*
*BSE SENSEX : -89 (57,596)*
*NSE NIFTY : -23 (17,223)*
*BSE MIDCAP. : +82 (23,875)*
*BSE SMLCAP. : +45 (27,892)*
*B. CRUDE : $ 121.66 (5pm)*
*GOLD: $1946=INR 52650(10gr)(5pm)*
*SILVER :* *RS. 68,500 (kg) (5pm) *
*FOREX : RS. : $ 76.3650*
*6.54% GOI '32 : 6.8340%(97.91)*
*6.10% GOI '31 : 6.8610% (94.82)*
*6.67% GOI '35 : 7.1497% (95.8350)*
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
#TCS Buyback Settlement Revised #tatasons #tatagroup #alliesfin
# New Date for Intimation of Acceptance Ratio : 25 March (Previous 30 March).
# New Settlement Date : 28 March against Earlier Date of 31 March.
By: via @AlliesFin Serve Stock Market
# New Date for Intimation of Acceptance Ratio : 25 March (Previous 30 March).
# New Settlement Date : 28 March against Earlier Date of 31 March.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
#stocklending offer #lntfinance at 3.5 per share.
offer valid till buyer lasts.
#nse #alliesfin #lending
By: via @AlliesFin Serve Stock Market
offer valid till buyer lasts.
#nse #alliesfin #lending
By: via @AlliesFin Serve Stock Market
Wednesday, 23 March 2022
@AlliesFin Serve Stock Market's Post
*SEC IN F&O BAN, FOR, 24 MAR, 2022 :*
*1. IBULHSGFIN 2. BALRAMCHIN 3. DELTACORP 4. GNFC 5. SUNTV 6. SAIL*
*ADDITION : SAIL*
*DELETION : NIL*
By: via @AlliesFin Serve Stock Market
*1. IBULHSGFIN 2. BALRAMCHIN 3. DELTACORP 4. GNFC 5. SUNTV 6. SAIL*
*ADDITION : SAIL*
*DELETION : NIL*
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
UPDATE ON STEEL SECTOR: CHINESE STEELMAKING HUB TANGSHAN ENTERS LOCKDOWN AS COVID CASES RISE- RTRS
#bigbreakingnews
CONFIRM WITH YOUR SOURCES.
By: via @AlliesFin Serve Stock Market
#bigbreakingnews
CONFIRM WITH YOUR SOURCES.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
• India to Seek Bids for IDBI Sale After Roadshows: Sitharaman
o BPCL Transaction in 2nd Stage of Proces: Junior FM Karad
• India’s Oil Refiners Boost Processing to Keep Pace With Demand
• India Court Allows Company Tribunal to Hear Invesco Plea on Zee
• Rising EV Sales in Latin America, India Are Reasons for Optimism
• OIL BAROMETERS: Brent Volatility’s 22-Month High; Spreads Seesaw
• India Stocks Rise as RBI’s Liquidity Assurance Boosts Sentiment
• Global Funds Buy Net 3.84B Rupees of India Stocks Tuesday: NSE
o Domestic funds sell net 6.02b rupees of stocks
• Foreign Investors Sell Net INR28.6B of India Equities on Monday
• Foreigners Buy Net INR9.4B of Indian Equity Derivatives Tuesday
• Lebanon Seeking to Buy 50k Tons of Indian Wheat: Reuters
• iVOOMi Energy launches two India-made e-scooter models: PTI
• Adani Ports (ADSEZ): Says Cargo Volumes Cross 300m Tons in FY22
• Adani Power (ADANI): Approves Amalgamation of Units
• Axis Bank (AXSB): Approves 17.5m Shares ESOP to Staff at INR725.90/Share
• Barbeque Nation (BARBEQUE): Says Board to Meet on March 28 on Business Matters
• Infosys (INFO): To Buy German Digital Marketing Agency Oddity for $55M
• Indiabulls Housing Finance (IHFL): To Sek Shareholders’ Nod for INR500b Bonds Issue
• One 97 Communications (PAYTM): BSE Seeks Reply From PAYTM on Share Price Move
• RailTel Corporation (RAILTEL): Wins INR115.7m Work Order from Rail Vikas Nigam (RVNL)
• State Bank of India (SBIN): Says Acquires Stake in ONDC for 100m Rupees
• Ugro Capital (URGO): To Consider Private Placement of Bonds on March 25
By: via @AlliesFin Serve Stock Market
o BPCL Transaction in 2nd Stage of Proces: Junior FM Karad
• India’s Oil Refiners Boost Processing to Keep Pace With Demand
• India Court Allows Company Tribunal to Hear Invesco Plea on Zee
• Rising EV Sales in Latin America, India Are Reasons for Optimism
• OIL BAROMETERS: Brent Volatility’s 22-Month High; Spreads Seesaw
• India Stocks Rise as RBI’s Liquidity Assurance Boosts Sentiment
• Global Funds Buy Net 3.84B Rupees of India Stocks Tuesday: NSE
o Domestic funds sell net 6.02b rupees of stocks
• Foreign Investors Sell Net INR28.6B of India Equities on Monday
• Foreigners Buy Net INR9.4B of Indian Equity Derivatives Tuesday
• Lebanon Seeking to Buy 50k Tons of Indian Wheat: Reuters
• iVOOMi Energy launches two India-made e-scooter models: PTI
• Adani Ports (ADSEZ): Says Cargo Volumes Cross 300m Tons in FY22
• Adani Power (ADANI): Approves Amalgamation of Units
• Axis Bank (AXSB): Approves 17.5m Shares ESOP to Staff at INR725.90/Share
• Barbeque Nation (BARBEQUE): Says Board to Meet on March 28 on Business Matters
• Infosys (INFO): To Buy German Digital Marketing Agency Oddity for $55M
• Indiabulls Housing Finance (IHFL): To Sek Shareholders’ Nod for INR500b Bonds Issue
• One 97 Communications (PAYTM): BSE Seeks Reply From PAYTM on Share Price Move
• RailTel Corporation (RAILTEL): Wins INR115.7m Work Order from Rail Vikas Nigam (RVNL)
• State Bank of India (SBIN): Says Acquires Stake in ONDC for 100m Rupees
• Ugro Capital (URGO): To Consider Private Placement of Bonds on March 25
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Infosys To Acquire Digital Marketing Agency Oddity For $50 Million
Infosys Ltd. will acquire oddity -- a Germany-based digital marketing, experience, and commerce agency -- in an all-cash deal for $50 million (about Rs 380 crore), the company said on Tuesday.
As part of Infosys' digital experience and design offering, oddity will become part of Wongdoody and join its network of studios across Seattle, Los Angeles, New York, Providence, Houston, and London, and design hubs in five cities in India, Infosys said in a statement.
The company had acquired U.S.-based Wongdoody, which offers creative and marketing services, in a $75 million deal in 2018. "To consummate the transaction, Infosys will also acquire Germany-based Kristall 247 for €3,000 (about Rs 2.5 lakh)," the Indian IT firm said.
Infosys said the cost of acquisition for oddity is "up to €50 million, including earn-out, management incentives and bonuses."
With more than 300 digital experts, oddity is one of the largest independent digital agencies, the statement said.
With oddity's digital commerce and marketing knowledge as well as its metaverse-ready set-up, it is the perfect complement to Infosys' prowess in technological transformation," Infosys President Ravi Kumar S said.
oddity has a comprehensive service portfolio comprising digital-first brand management and communication, in-house production, including virtual and augmented reality, experience design and e-commerce services across Europe and China, the statement said. Acquisition of oddity is expected to close during the first quarter of FY23.
By: via @AlliesFin Serve Stock Market
Infosys Ltd. will acquire oddity -- a Germany-based digital marketing, experience, and commerce agency -- in an all-cash deal for $50 million (about Rs 380 crore), the company said on Tuesday.
As part of Infosys' digital experience and design offering, oddity will become part of Wongdoody and join its network of studios across Seattle, Los Angeles, New York, Providence, Houston, and London, and design hubs in five cities in India, Infosys said in a statement.
The company had acquired U.S.-based Wongdoody, which offers creative and marketing services, in a $75 million deal in 2018. "To consummate the transaction, Infosys will also acquire Germany-based Kristall 247 for €3,000 (about Rs 2.5 lakh)," the Indian IT firm said.
Infosys said the cost of acquisition for oddity is "up to €50 million, including earn-out, management incentives and bonuses."
With more than 300 digital experts, oddity is one of the largest independent digital agencies, the statement said.
With oddity's digital commerce and marketing knowledge as well as its metaverse-ready set-up, it is the perfect complement to Infosys' prowess in technological transformation," Infosys President Ravi Kumar S said.
oddity has a comprehensive service portfolio comprising digital-first brand management and communication, in-house production, including virtual and augmented reality, experience design and e-commerce services across Europe and China, the statement said. Acquisition of oddity is expected to close during the first quarter of FY23.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Stocks in News
Bhansali Engineering Polymers: The company has received consent, from the MP Pollution Control Board, for expansion of high rubber graft - HRG (rubber rich acrylonitrile butadiene styrene) from 15000 TPA to 50000 TPA for Satnoor plant at Chhindwara in Madhya Pradesh.
Adani Ports and Special Economic Zone: Its cargo volumes accelerated to 300 million metric tonnes. The largest transport utility is on course to achieve 500 MMT by 2025.
Kirloskar Pneumatic Company: The company has converted about 5.58 lakh square metres Government Grant land at Eklahare, Nashik Road, Maharashtra, to Freehold Land at a cost of approximately Rs 58 crore as per the order of Nashik Collector, to meet its future growth requirements.
Brigade Enterprises: The south-based real estate company has entered into the plotted development space with a 66-acre residential project in Devanahalli, Bangalore. The project is a strategic joint development that will offer plot sizes ranging from 1,200 square feet to 2,400 square feet.
RailTel Corporation of India: The company has received work order from Rail Vikas Nigam (RVNL) for installation of RailTel's MPLS-VPN services for 5 years. The work order is worth Rs 11.57 crore.
Infosys: The country's second largest IT services company will acquire oddity, a Germany-based digital marketing, experience, and commerce agency. Oddity will become part of WONGDOODY, an Infosys company, and join its network of studios across Seattle, Los Angeles, New York, Providence, Houston, and London, and design hubs in five cities in India.
Tata Consultancy Services: The buyback issue of the company will close on March 23. It was opened on March 9. The company had planned to buy back up to 4 crore equity shares from eligible shareholders.
By: via @AlliesFin Serve Stock Market
Bhansali Engineering Polymers: The company has received consent, from the MP Pollution Control Board, for expansion of high rubber graft - HRG (rubber rich acrylonitrile butadiene styrene) from 15000 TPA to 50000 TPA for Satnoor plant at Chhindwara in Madhya Pradesh.
Adani Ports and Special Economic Zone: Its cargo volumes accelerated to 300 million metric tonnes. The largest transport utility is on course to achieve 500 MMT by 2025.
Kirloskar Pneumatic Company: The company has converted about 5.58 lakh square metres Government Grant land at Eklahare, Nashik Road, Maharashtra, to Freehold Land at a cost of approximately Rs 58 crore as per the order of Nashik Collector, to meet its future growth requirements.
Brigade Enterprises: The south-based real estate company has entered into the plotted development space with a 66-acre residential project in Devanahalli, Bangalore. The project is a strategic joint development that will offer plot sizes ranging from 1,200 square feet to 2,400 square feet.
RailTel Corporation of India: The company has received work order from Rail Vikas Nigam (RVNL) for installation of RailTel's MPLS-VPN services for 5 years. The work order is worth Rs 11.57 crore.
Infosys: The country's second largest IT services company will acquire oddity, a Germany-based digital marketing, experience, and commerce agency. Oddity will become part of WONGDOODY, an Infosys company, and join its network of studios across Seattle, Los Angeles, New York, Providence, Houston, and London, and design hubs in five cities in India.
Tata Consultancy Services: The buyback issue of the company will close on March 23. It was opened on March 9. The company had planned to buy back up to 4 crore equity shares from eligible shareholders.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Analysts/Investors Meetings on March 23
Tata Elxsi: The company's officials will meet Alchemy Capital.
Globus Spirits: The company's officials will attend Motilal Oswal Ideation Conference - 2022.
Pidilite Industries: The company's officials will meet Blackrock Asset Management (HK).
Aditya Birla Sun Life AMC: The company's officials will attend Motilal Oswal Ideation Conference - 2022.
Tata Consumer Products: The company's officials will participate I-Sec Consumption Conversations.
Arvind: The company's officials will meet attend “SpinScape” - Elara Capital Textiles and Retail conference.
Himatsingka Seide: The company's officials will attend Elara Capital's Textile and Retail Conference.
Tarsons Products: The company's officials will attend Investec Conference.
UltraTech Cement: The company's officials will meet BlackRock Investment Management, and Dymon Asia.
Meghmani Organics: The company's officials will meet Abakkus Asset Manager, Veto Capital, Aym Enterprize, Whitestone Capital, Cask Capital, Equipolis, Gormal One, Elara Capital, Haitong Securities, Sunidhi Securities (Institutional Equities), and Pioneer Investcorp.
Chambal Fertilisers and Chemicals: The company's officials will attend Motilal Oswal Ideation Conference 2022.
Rajratan Global Wire: The company's officials will attend Motilal Oswal Securities investor conference.
Inox Leisure: The company's officials will attend Investec Promoter Conference.
Tata Motors: The company's officials will meet LIC.
Orient Electric: The company's officials will meet Dalal & Broacha Portfolio Managers
By: via @AlliesFin Serve Stock Market
Tata Elxsi: The company's officials will meet Alchemy Capital.
Globus Spirits: The company's officials will attend Motilal Oswal Ideation Conference - 2022.
Pidilite Industries: The company's officials will meet Blackrock Asset Management (HK).
Aditya Birla Sun Life AMC: The company's officials will attend Motilal Oswal Ideation Conference - 2022.
Tata Consumer Products: The company's officials will participate I-Sec Consumption Conversations.
Arvind: The company's officials will meet attend “SpinScape” - Elara Capital Textiles and Retail conference.
Himatsingka Seide: The company's officials will attend Elara Capital's Textile and Retail Conference.
Tarsons Products: The company's officials will attend Investec Conference.
UltraTech Cement: The company's officials will meet BlackRock Investment Management, and Dymon Asia.
Meghmani Organics: The company's officials will meet Abakkus Asset Manager, Veto Capital, Aym Enterprize, Whitestone Capital, Cask Capital, Equipolis, Gormal One, Elara Capital, Haitong Securities, Sunidhi Securities (Institutional Equities), and Pioneer Investcorp.
Chambal Fertilisers and Chemicals: The company's officials will attend Motilal Oswal Ideation Conference 2022.
Rajratan Global Wire: The company's officials will attend Motilal Oswal Securities investor conference.
Inox Leisure: The company's officials will attend Investec Promoter Conference.
Tata Motors: The company's officials will meet LIC.
Orient Electric: The company's officials will meet Dalal & Broacha Portfolio Managers
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Namaste !!
• Indian Central Bank Chief Vows Ample Liquidity to Aid Economy
o Das says FY23 inflation forecast needs to be reworked
• Australian PM Morrison Presses India on War in Ukraine (2)
o Japan’s Kishida also pressed India on the war in Ukraine
• Coal Buyers in India Are Paying 300% Premiums to Secure Fuel
o Consumers are seeking to avoid record seaborne prices
• India Bans Offsetting Loss on One Crypto With Gain from Another
• Cheap Russian Urals Crude Is Finding Willing Buyers in India (1)
• India, China Buy Russia Oil; U.S. Exports Up
• India Panel Favors Letting States Decide Minimum Crop Prices
• Vedanta’s Upcoming $2B Debt Refinancing Seen Challenging: S&P
• CommerceIQ Says Valued at Over $1B After Latest Funding Round
• Epic Systems Fails to Get High Court Review of Punitive Damages
• Emerging Market ETF Inflows $1.51 Bln, Led by Brazil
• Global Funds Sell Net INR29.6B of India Stocks on Monday: NSE
o Domestic funds buy net 2.53 billion rupees of stocks
• Foreign Investors Buy Net INR31.2B of India Equities on March 17
• Foreigners Buy Net INR33.4B of Indian Equity Derivatives Monday
• Institutions from France, Italy have shown interest in setting up institutes in India: Govt: PTI
• India, Seychelles to kick-start 10-day military exercise Tuesday: PTI
• Heavy rains lash Andaman & Nicobar, UT braces for cyclone ‘Asani’: PTI
• APL Apollo Tubes (APAT): Says Unit to Buy 9.9% Stake in Shankara Building Products (SHANKARA)
• Bank of India (BOI): Invests INR1.09b in NARCL, to Get 9% Stake
• Kohinoor Foods (KFT): Meet on March 24 to Consider Selling Factory Unit in Haryana
• Manappuram Finance (MGFL): Defers FY23 Fund Raising Decision Meeting to March 26
• Zydus Lifesciences (ZYDUSLIF): Says Co. & Fortress Biotech See Positive Data on Menkes Treatment
By: via @AlliesFin Serve Stock Market
• Indian Central Bank Chief Vows Ample Liquidity to Aid Economy
o Das says FY23 inflation forecast needs to be reworked
• Australian PM Morrison Presses India on War in Ukraine (2)
o Japan’s Kishida also pressed India on the war in Ukraine
• Coal Buyers in India Are Paying 300% Premiums to Secure Fuel
o Consumers are seeking to avoid record seaborne prices
• India Bans Offsetting Loss on One Crypto With Gain from Another
• Cheap Russian Urals Crude Is Finding Willing Buyers in India (1)
• India, China Buy Russia Oil; U.S. Exports Up
• India Panel Favors Letting States Decide Minimum Crop Prices
• Vedanta’s Upcoming $2B Debt Refinancing Seen Challenging: S&P
• CommerceIQ Says Valued at Over $1B After Latest Funding Round
• Epic Systems Fails to Get High Court Review of Punitive Damages
• Emerging Market ETF Inflows $1.51 Bln, Led by Brazil
• Global Funds Sell Net INR29.6B of India Stocks on Monday: NSE
o Domestic funds buy net 2.53 billion rupees of stocks
• Foreign Investors Buy Net INR31.2B of India Equities on March 17
• Foreigners Buy Net INR33.4B of Indian Equity Derivatives Monday
• Institutions from France, Italy have shown interest in setting up institutes in India: Govt: PTI
• India, Seychelles to kick-start 10-day military exercise Tuesday: PTI
• Heavy rains lash Andaman & Nicobar, UT braces for cyclone ‘Asani’: PTI
• APL Apollo Tubes (APAT): Says Unit to Buy 9.9% Stake in Shankara Building Products (SHANKARA)
• Bank of India (BOI): Invests INR1.09b in NARCL, to Get 9% Stake
• Kohinoor Foods (KFT): Meet on March 24 to Consider Selling Factory Unit in Haryana
• Manappuram Finance (MGFL): Defers FY23 Fund Raising Decision Meeting to March 26
• Zydus Lifesciences (ZYDUSLIF): Says Co. & Fortress Biotech See Positive Data on Menkes Treatment
By: via @AlliesFin Serve Stock Market
Tuesday, 22 March 2022
@AlliesFin Serve Stock Market's Post
Mkt. Updates :
SGX Nifty +5 pts (17174) from last trade 17168 ,
US GOVT. 10-YEAR YIELD : 2.33%
Nikkei +399 pts ,
Hangseng +98 pts ,
Now @6.56am .
SEC IN F&O BAN, FOR, 22 Mar, 2022 :
1. IBULHSGFIN 2. BALRAMCHIN 3. DELTACORP
*ADDITION : BALRAMCHIN, DELTACORP*
*DELETION : NIL*
*Today's Alert :*
RBI to Conduct Auction of SDLS BONDS for INR 240 Billion
By: via @AlliesFin Serve Stock Market
SGX Nifty +5 pts (17174) from last trade 17168 ,
US GOVT. 10-YEAR YIELD : 2.33%
Nikkei +399 pts ,
Hangseng +98 pts ,
Now @6.56am .
SEC IN F&O BAN, FOR, 22 Mar, 2022 :
1. IBULHSGFIN 2. BALRAMCHIN 3. DELTACORP
*ADDITION : BALRAMCHIN, DELTACORP*
*DELETION : NIL*
*Today's Alert :*
RBI to Conduct Auction of SDLS BONDS for INR 240 Billion
By: via @AlliesFin Serve Stock Market
Monday, 21 March 2022
@AlliesFin Serve Stock Market's Post
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 21-03-2022 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +3345*
*INDEX FUT. : -551*
*INDEX OPT. : +5227*
*STOCK FUT. : -1234*
*STOCK OPT. : -97*
*SEC IN F&O BAN, FOR, 22 Mar, 2022 :*
*1. IBULHSGFIN 2. BALRAMCHIN 3. DELTACORP*
*ADDITION : BALRAMCHIN, DELTACORP*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 21-MAR-22 : (Rs. CRS )*
*FIIS : SELL -2962 (6838-9800)*
*DIIS : BUY +254 (4611-4358)*
*BSE SENSEX : -571 (57,292)*
*NSE NIFTY : -169 (17,118)*
*BSE MIDCAP. : -163 (23,662)*
*BSE SMLCAP. : +105 (27,811)*
*B. CRUDE : $ 112.90 (5pm)*
*GOLD: $1926=INR 52000(10gr)(5pm)*
*SILVER :* *RS. 68,300 (kg) (5pm) *
*FOREX : RS. : $ 76.1150*
*6.54% GOI '32 : 6.7810%(98.28)*
*6.10% GOI '31 : 6.8188% (95.0950)*
*6.67% GOI '35 : 7.1204% (96.08)*
*SEC IN F&O BAN, FOR, 22 Mar, 2022 :*
*1. IBULHSGFIN 2. BALRAMCHIN 3. DELTACORP*
*ADDITION : BALRAMCHIN, DELTACORP*
*DELETION : NIL*
By: via @AlliesFin Serve Stock Market
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +3345*
*INDEX FUT. : -551*
*INDEX OPT. : +5227*
*STOCK FUT. : -1234*
*STOCK OPT. : -97*
*SEC IN F&O BAN, FOR, 22 Mar, 2022 :*
*1. IBULHSGFIN 2. BALRAMCHIN 3. DELTACORP*
*ADDITION : BALRAMCHIN, DELTACORP*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 21-MAR-22 : (Rs. CRS )*
*FIIS : SELL -2962 (6838-9800)*
*DIIS : BUY +254 (4611-4358)*
*BSE SENSEX : -571 (57,292)*
*NSE NIFTY : -169 (17,118)*
*BSE MIDCAP. : -163 (23,662)*
*BSE SMLCAP. : +105 (27,811)*
*B. CRUDE : $ 112.90 (5pm)*
*GOLD: $1926=INR 52000(10gr)(5pm)*
*SILVER :* *RS. 68,300 (kg) (5pm) *
*FOREX : RS. : $ 76.1150*
*6.54% GOI '32 : 6.7810%(98.28)*
*6.10% GOI '31 : 6.8188% (95.0950)*
*6.67% GOI '35 : 7.1204% (96.08)*
*SEC IN F&O BAN, FOR, 22 Mar, 2022 :*
*1. IBULHSGFIN 2. BALRAMCHIN 3. DELTACORP*
*ADDITION : BALRAMCHIN, DELTACORP*
*DELETION : NIL*
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
India Daybook
Stocks in News
Mindtree: Expands in Pune, Opens a New Facility at ICC Tech Park” (Positive)
Granules India: Receives Licences from MPP to Market Nirmatrelvir; Ritonavir (Positive)
Selan Exploration Blackbuck Energy Investments to acquire n 3,192,000 shares at price of Rs 200 per share through open offer (Positive)
Reliance Retail Ventures acquires 89% stake in Purple Panda Fashions Private Limited, which owns & operates Clovia for Rs 950 cr (Positive)
Maruti: Suzuki Motor Gujarat to invest 150 billion yen or $1.26 bn in increasing production of electric vehicles (Positive)
Esab: Parent company Colfax Announces Expected Completion Date of April 4, 2022 for Spin-Off of ESAB Corporation (Positive)
Welspun Corp: Scheme of Arrangement between Welspun Steel Limited and Welspun Corp Limited (Positive)
Dredging Corp: INKS Historic Ship Building Agreement for the First Make In India Project for construction of First Begale 12 Trailing Suction Hopper Dredger at Cochin Shipyard (Positive)
STAR: Akston Biosciences and Biolexis Collaborate to Launch a Room Temperature Stable 2nd Generation COVID-19 Vaccine in 130+ Countries (Positive)
Adani Ent: Billionaire Adani Is Said to Explore Partnerships With Aramco (Positive)
CAMS: Launches Central Record Keeping Agency under National Pension System. (Positive)
SJVN: Secures 100 MW Grid Connected Solar Power Project In Gujarat (Positive)
Thermax: Company has concluded an order of Rs. 1,176 crore from an Indian public sector refinery to set up their Sulphur Recovery Block. (Positive)
Aurobindo Pharma: Signed of voluntary license for Pfizer Covid19 oral treatment- nirmatrelvir. (Positive)
NBCC: Awarded a work order from Administration of Union Territory of Ladakh worth of Rs 500 crore (Positive)
Birla Jute: VANGUARD GROUP bought 534917 shares at Rs 1099.9 per share (Positive)
BSE: VANGUARD GROUP bought 801385 shares at Rs 2852.42 per share (Positive)
CAMS: VANGUARD GROUP bought 480902 shares at Rs 2375.46 per share (Positive)
Chemplast Sanmar: VANGUARD GROUP bought 1661293 shares at Rs 591.23 per share (Positive)
Century Ply: VANGUARD GROUP bought 1491869 shares at Rs 677.49 per share (Positive)
GNFC: VANGUARD GROUP bought 2998241 shares at Rs 754.47 per share (Positive)
KNR Cons: VANGUARD GROUP bought 2285706 shares at Rs 284.0 per share (Positive)
Nuvoco: VANGUARD GROUP bought 1813317 shares at Rs 377.81 per share (Positive)
NIIT: VANGUARD GROUP bought 1559423 shares at Rs 473.80 per share (Positive)
Route: VANGUARD GROUP bought 506137 shares at Rs 1556.7 per share (Positive)
Saregama: VANGUARD GROUP bought 147376 shares at Rs 4392.12 per share (Positive)
VIP IND: VANGUARD GROUP bought 1276892 shares at Rs 633.21 per share (Positive)
UTI AMC: VANGUARD GROUP bought 2513225 shares at Rs 926.99 per share (Positive)
Vardhman Tex: VANGUARD GROUP bought 462192 shares at Rs 2643.5 per share (Positive)
NALCO: INTEGRATED CORE STRATEGIES bought 15395487 shares at Rs 116.9 per share (Positive)
Jindal Steel: Co's Mauritius Subsidiary Prepays $375mln Loan (Positive)
EIH: To Sell Entire Stake In Arm To Newrest Group For Rs 55.2 Crores (Positive)
Torrent Pharma: Enters Into Licensing Agreement With Medicine Patent Pool (Positive)
Spandana: Shalabh Saxena As MD & CEO For 5 Yrs w.e.f March 19, 2022 To March 18, 2027 (Positive)
Atul Limited: To Consider A Proposal For Buy-Back of Equity Shares (Positive)
IT Stocks: Accenture raises FY'22 Guidance Again To 24-26% versus 19-22% in Q1 (Positive)
Jubilant Pharmova: Subsidiary Jubilant Pharma has received Abbreviated New Drug Application (ANDA) final approval for Doxepin Hydrochloride Capsules (Positive)
SAIL: To pay Rs 2.50/share interim dividend. (Neutral)
TVS Motor: To Pay 3.75 Rupees/Share as Mid-Year Dividend (Neutral)
REC: To consider proposal for approval of market borrowing programme for FY 2022-23. (Neutral)
Dhampur: To Consider and Approve Interim Dividend. (Neutral)
By: via @AlliesFin Serve Stock Market
Stocks in News
Mindtree: Expands in Pune, Opens a New Facility at ICC Tech Park” (Positive)
Granules India: Receives Licences from MPP to Market Nirmatrelvir; Ritonavir (Positive)
Selan Exploration Blackbuck Energy Investments to acquire n 3,192,000 shares at price of Rs 200 per share through open offer (Positive)
Reliance Retail Ventures acquires 89% stake in Purple Panda Fashions Private Limited, which owns & operates Clovia for Rs 950 cr (Positive)
Maruti: Suzuki Motor Gujarat to invest 150 billion yen or $1.26 bn in increasing production of electric vehicles (Positive)
Esab: Parent company Colfax Announces Expected Completion Date of April 4, 2022 for Spin-Off of ESAB Corporation (Positive)
Welspun Corp: Scheme of Arrangement between Welspun Steel Limited and Welspun Corp Limited (Positive)
Dredging Corp: INKS Historic Ship Building Agreement for the First Make In India Project for construction of First Begale 12 Trailing Suction Hopper Dredger at Cochin Shipyard (Positive)
STAR: Akston Biosciences and Biolexis Collaborate to Launch a Room Temperature Stable 2nd Generation COVID-19 Vaccine in 130+ Countries (Positive)
Adani Ent: Billionaire Adani Is Said to Explore Partnerships With Aramco (Positive)
CAMS: Launches Central Record Keeping Agency under National Pension System. (Positive)
SJVN: Secures 100 MW Grid Connected Solar Power Project In Gujarat (Positive)
Thermax: Company has concluded an order of Rs. 1,176 crore from an Indian public sector refinery to set up their Sulphur Recovery Block. (Positive)
Aurobindo Pharma: Signed of voluntary license for Pfizer Covid19 oral treatment- nirmatrelvir. (Positive)
NBCC: Awarded a work order from Administration of Union Territory of Ladakh worth of Rs 500 crore (Positive)
Birla Jute: VANGUARD GROUP bought 534917 shares at Rs 1099.9 per share (Positive)
BSE: VANGUARD GROUP bought 801385 shares at Rs 2852.42 per share (Positive)
CAMS: VANGUARD GROUP bought 480902 shares at Rs 2375.46 per share (Positive)
Chemplast Sanmar: VANGUARD GROUP bought 1661293 shares at Rs 591.23 per share (Positive)
Century Ply: VANGUARD GROUP bought 1491869 shares at Rs 677.49 per share (Positive)
GNFC: VANGUARD GROUP bought 2998241 shares at Rs 754.47 per share (Positive)
KNR Cons: VANGUARD GROUP bought 2285706 shares at Rs 284.0 per share (Positive)
Nuvoco: VANGUARD GROUP bought 1813317 shares at Rs 377.81 per share (Positive)
NIIT: VANGUARD GROUP bought 1559423 shares at Rs 473.80 per share (Positive)
Route: VANGUARD GROUP bought 506137 shares at Rs 1556.7 per share (Positive)
Saregama: VANGUARD GROUP bought 147376 shares at Rs 4392.12 per share (Positive)
VIP IND: VANGUARD GROUP bought 1276892 shares at Rs 633.21 per share (Positive)
UTI AMC: VANGUARD GROUP bought 2513225 shares at Rs 926.99 per share (Positive)
Vardhman Tex: VANGUARD GROUP bought 462192 shares at Rs 2643.5 per share (Positive)
NALCO: INTEGRATED CORE STRATEGIES bought 15395487 shares at Rs 116.9 per share (Positive)
Jindal Steel: Co's Mauritius Subsidiary Prepays $375mln Loan (Positive)
EIH: To Sell Entire Stake In Arm To Newrest Group For Rs 55.2 Crores (Positive)
Torrent Pharma: Enters Into Licensing Agreement With Medicine Patent Pool (Positive)
Spandana: Shalabh Saxena As MD & CEO For 5 Yrs w.e.f March 19, 2022 To March 18, 2027 (Positive)
Atul Limited: To Consider A Proposal For Buy-Back of Equity Shares (Positive)
IT Stocks: Accenture raises FY'22 Guidance Again To 24-26% versus 19-22% in Q1 (Positive)
Jubilant Pharmova: Subsidiary Jubilant Pharma has received Abbreviated New Drug Application (ANDA) final approval for Doxepin Hydrochloride Capsules (Positive)
SAIL: To pay Rs 2.50/share interim dividend. (Neutral)
TVS Motor: To Pay 3.75 Rupees/Share as Mid-Year Dividend (Neutral)
REC: To consider proposal for approval of market borrowing programme for FY 2022-23. (Neutral)
Dhampur: To Consider and Approve Interim Dividend. (Neutral)
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*SGX 100 (17382)*
*BRENT Fut 110.80 (2.63%) WTI Fut 106.11 (2.93%)*
Gold 1929 (-.04%) Silver 25.25 (.66%), Copper 10403 (1.57%), Zinc 3878 (1.37%) Aluminium 3498 (3.35%).
India Vix 22.61 (-6.25%) S&P VIX 23.87 (-7.01%)
*10y US 2.153 (-.23%), Ind 6.778*
USDINR 76.03, *DXY 98.26 (.03%)* € 1.1045 (-.09%),¥ 119.19 (.01%) CNY 6.3616 (.01%)
*Dow 274 (Fut -110) Nsdaq 279*
Nikkei clsd China 6 Taiwan 97 Hsang 8 , Kospi -10 straits Times 7.
By: via @AlliesFin Serve Stock Market
*BRENT Fut 110.80 (2.63%) WTI Fut 106.11 (2.93%)*
Gold 1929 (-.04%) Silver 25.25 (.66%), Copper 10403 (1.57%), Zinc 3878 (1.37%) Aluminium 3498 (3.35%).
India Vix 22.61 (-6.25%) S&P VIX 23.87 (-7.01%)
*10y US 2.153 (-.23%), Ind 6.778*
USDINR 76.03, *DXY 98.26 (.03%)* € 1.1045 (-.09%),¥ 119.19 (.01%) CNY 6.3616 (.01%)
*Dow 274 (Fut -110) Nsdaq 279*
Nikkei clsd China 6 Taiwan 97 Hsang 8 , Kospi -10 straits Times 7.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
• India’s Dependence on Russian Weapons Tethers Modi to Putin
o Russia’s War in Ukraine Dominates India, Japan Summit Meeting
o Japan Boosts Five-Year Investment Target in India to $42 Bln
o PM Modi, Australia’s Morrison Hold Virtual Summit March 21
• U.S. Official Nuland to Visit India, Sri Lanka, Bangladesh
• Sebi Relaxes Algo Trading Order Norms for Commodity Derivatives
• The Poorest Super-Emitter Needs a Different Path to Net- Zero
• Billionaire Adani Is Said to Explore Partnerships With Aramco
o Parties hold talks on range of joint investment opportunities
• Ronaldo Said Among Backers in Cricket NFT Startup Fundraise
o Startup’s Series A round is led by B Capital, Insight Partners
• India’s Stray Missile Put Dozens of Passenger Jets at Risk
• Watch Bad Loans in Fossil-Fuel Sector, India Central Bank Warns
• SoftBank-Backed Oyo Said to Weigh 50% Smaller IPO as Markets Sag
• India Central Bank Says Global Developments Pose Downside Risks
• India’s FX Reserves Fell $9.65b to $622.3b in Week to March 11
o India Official Reserves Drop to Lowest Since August
• India’s Sensex Clocks Best Weekly Advance in More Than a Year
• India Central Bank Says ‘Correct Timing’ Crucial for LIC IPO
• Easing Oil Means INR May End Year at 76 Per Dollar, HSBC Says
• Global Funds Buy Net INR28B of India Stocks on Thursday: NSE
o Domestic funds sell net 6.78b rupees of stocks
• Foreign Investors Buy Net INR5.41B of Indian Equities Wednesday
• Foreigners Buy Net INR112.6B Indian Equity Derivatives Thursday
• Diesel Prices Raised in India for Bulk Users, PTI Reports
• Japan to Unveil $42B India Investments Plan: Nikkei
• India Lines Up Steps to Lift Rankings Across Global Indexes: ET
• Tata Motors In Talks To Take Over Ford India’s Gujarat Plant: ET
• Suzuki to Spend $1.3 Billion on EV, Battery Plants in India: NHK
• Ashok Leyland (AL): Closed: Ashok Leyland Sells Inr2b 5Y Bonds at 7.30%
• Aurobindo Pharma (ARBP): Signs Sub-Licensing Pact with Pfizer for Oral COVID Pill Nirmatrelvir
• Bharat Electronics (BHE): To Pay INR1.5/Share as Mid-Year Dividend
• Future Retail (FRETAIL): Says Shareholders to Meet NCLT Order on April 20
• Kotak Mahindra (KMB): Closed: Kotak Mahindra Prime Sells Inr5b 3Y Bonds at 6.20%
• SBI (SBIN): Sri Lanka Secures $1 Billion Credit Facility From India
• Sintex Plastics (SINTEX): Says Reliance-Acre’s Resolution Plan Approved by Lenders
• Torrent Pharmaceuticals (TRP): Signs License Pact for Pfizer’s Oral COVID Pill Nirmatrelvir
• TVS Motor Co. (TVSL): To Pay 3.75 Rupees/Share as Mid-Year Dividend
By: via @AlliesFin Serve Stock Market
o Russia’s War in Ukraine Dominates India, Japan Summit Meeting
o Japan Boosts Five-Year Investment Target in India to $42 Bln
o PM Modi, Australia’s Morrison Hold Virtual Summit March 21
• U.S. Official Nuland to Visit India, Sri Lanka, Bangladesh
• Sebi Relaxes Algo Trading Order Norms for Commodity Derivatives
• The Poorest Super-Emitter Needs a Different Path to Net- Zero
• Billionaire Adani Is Said to Explore Partnerships With Aramco
o Parties hold talks on range of joint investment opportunities
• Ronaldo Said Among Backers in Cricket NFT Startup Fundraise
o Startup’s Series A round is led by B Capital, Insight Partners
• India’s Stray Missile Put Dozens of Passenger Jets at Risk
• Watch Bad Loans in Fossil-Fuel Sector, India Central Bank Warns
• SoftBank-Backed Oyo Said to Weigh 50% Smaller IPO as Markets Sag
• India Central Bank Says Global Developments Pose Downside Risks
• India’s FX Reserves Fell $9.65b to $622.3b in Week to March 11
o India Official Reserves Drop to Lowest Since August
• India’s Sensex Clocks Best Weekly Advance in More Than a Year
• India Central Bank Says ‘Correct Timing’ Crucial for LIC IPO
• Easing Oil Means INR May End Year at 76 Per Dollar, HSBC Says
• Global Funds Buy Net INR28B of India Stocks on Thursday: NSE
o Domestic funds sell net 6.78b rupees of stocks
• Foreign Investors Buy Net INR5.41B of Indian Equities Wednesday
• Foreigners Buy Net INR112.6B Indian Equity Derivatives Thursday
• Diesel Prices Raised in India for Bulk Users, PTI Reports
• Japan to Unveil $42B India Investments Plan: Nikkei
• India Lines Up Steps to Lift Rankings Across Global Indexes: ET
• Tata Motors In Talks To Take Over Ford India’s Gujarat Plant: ET
• Suzuki to Spend $1.3 Billion on EV, Battery Plants in India: NHK
• Ashok Leyland (AL): Closed: Ashok Leyland Sells Inr2b 5Y Bonds at 7.30%
• Aurobindo Pharma (ARBP): Signs Sub-Licensing Pact with Pfizer for Oral COVID Pill Nirmatrelvir
• Bharat Electronics (BHE): To Pay INR1.5/Share as Mid-Year Dividend
• Future Retail (FRETAIL): Says Shareholders to Meet NCLT Order on April 20
• Kotak Mahindra (KMB): Closed: Kotak Mahindra Prime Sells Inr5b 3Y Bonds at 6.20%
• SBI (SBIN): Sri Lanka Secures $1 Billion Credit Facility From India
• Sintex Plastics (SINTEX): Says Reliance-Acre’s Resolution Plan Approved by Lenders
• Torrent Pharmaceuticals (TRP): Signs License Pact for Pfizer’s Oral COVID Pill Nirmatrelvir
• TVS Motor Co. (TVSL): To Pay 3.75 Rupees/Share as Mid-Year Dividend
By: via @AlliesFin Serve Stock Market
Saturday, 19 March 2022
Friday, 18 March 2022
@AlliesFin Serve Stock Market's Post
Original estimate of security transaction tax was Rs 12,500 cr, which was increased to Rs 20,000 cr in the revised estimate. Now, we've achieved Rs 22,280 cr. Its major contribution is the buoyancy in the stock market, with high volume of transactions: CBDT Chairman JB Mohapatra
By: via @AlliesFin Serve Stock Market
By: via @AlliesFin Serve Stock Market
Thursday, 17 March 2022
@AlliesFin Serve Stock Market's Post
#nifty 15671 to 17271 almost 1600 points up or 10% from lows in just 9 #Trading Sessions #nse #gdp #advancetax #bharat #india
By: via @AlliesFin Serve Stock Market
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Mkt. Updates :*
*SGX Nifty +268 pts (17275) from last trade 17007 ,*
Nikkei +907 pts ,
Hangseng +1343 pts ,
Now @6.53am .
Dow +518.70 pts ,Nsdq +487.93 pts, S&P
+95.41 pts , Bovespa +2153 pts , Ftse +115 pts , Dax +523 pts , Cac +233 pts , Crude @ $95.70 brl (+0.66), Brent @ $98.52 brl (+0.49) , Gold @ 1928.00(+18.00), Silver @ $25.245 (+0.53), Euro @ $1.1048, JPY @ $118.78, INR @ 76.195
*US GOVT. 10-YEAR YIELD : 2.15%*
*Today's Corporate Action, 17 Mar Ex Date :*
ASMTEC
Right Issue of Equity Shares
AYOME
E.G.M.
INNOVATIVE
E.G.M.
SUNTV
Interim Dividend - Rs. - 5.0000
*Today's Key Results/Board Meetings, 17-Mar-21 :*
BEL
Interim Dividend
DIKSAT
General
EASTWEST
General
ENCASH
General
MANAPPURAM
General
MISQUITA
General
*SEC. IN F&O BAN FOR, 17-Mar-21 :*
*1. BALRAMCHIN*
By: via @AlliesFin Serve Stock Market
*SGX Nifty +268 pts (17275) from last trade 17007 ,*
Nikkei +907 pts ,
Hangseng +1343 pts ,
Now @6.53am .
Dow +518.70 pts ,Nsdq +487.93 pts, S&P
+95.41 pts , Bovespa +2153 pts , Ftse +115 pts , Dax +523 pts , Cac +233 pts , Crude @ $95.70 brl (+0.66), Brent @ $98.52 brl (+0.49) , Gold @ 1928.00(+18.00), Silver @ $25.245 (+0.53), Euro @ $1.1048, JPY @ $118.78, INR @ 76.195
*US GOVT. 10-YEAR YIELD : 2.15%*
*Today's Corporate Action, 17 Mar Ex Date :*
ASMTEC
Right Issue of Equity Shares
AYOME
E.G.M.
INNOVATIVE
E.G.M.
SUNTV
Interim Dividend - Rs. - 5.0000
*Today's Key Results/Board Meetings, 17-Mar-21 :*
BEL
Interim Dividend
DIKSAT
General
EASTWEST
General
ENCASH
General
MANAPPURAM
General
MISQUITA
General
*SEC. IN F&O BAN FOR, 17-Mar-21 :*
*1. BALRAMCHIN*
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Analysts/Investors Meetings on March 16
UltraTech Cement: The company's officials will meet Millennium Capital.
Birlasoft: The company's officials will attend AMSEC Investor Conference.
Krishna Institute of Medical Sciences: The company's officials will attend Jefferies' investor conference.
Puravankara: The company's officials will meet Jefferies India, Edelweiss Financial Services, and Antique Stock Broking.
Crompton Greaves Consumer Electricals: The company's officials will meet Amansa Capital, and Aberdeen Standard Investments.
Orient Electric: The company's officials will meet ICICI Securities.
RITES: The company's officials will meet L&T Mutual Funds, Abacus, DSP Mutual Funds, and HDFC Mutual Funds.
Trent: The company's officials will meet Jefferies India.
By: via @AlliesFin Serve Stock Market
UltraTech Cement: The company's officials will meet Millennium Capital.
Birlasoft: The company's officials will attend AMSEC Investor Conference.
Krishna Institute of Medical Sciences: The company's officials will attend Jefferies' investor conference.
Puravankara: The company's officials will meet Jefferies India, Edelweiss Financial Services, and Antique Stock Broking.
Crompton Greaves Consumer Electricals: The company's officials will meet Amansa Capital, and Aberdeen Standard Investments.
Orient Electric: The company's officials will meet ICICI Securities.
RITES: The company's officials will meet L&T Mutual Funds, Abacus, DSP Mutual Funds, and HDFC Mutual Funds.
Trent: The company's officials will meet Jefferies India.
By: via @AlliesFin Serve Stock Market
Wednesday, 16 March 2022
@AlliesFin Serve Stock Market's Post
Stocks in News
One 97 Communications (Paytm): Munish Ravinder Varma resigned as non-executive, non-independent director of the company due to personal commitments and other pre-occupations.
Infibeam Avenues: The board has approved the appointment of Sunil Bhagat as Chief Financial Officer of the company, in place of Hiren Padhya.
Zomato: The food delivery giant acquired a 16.66 percent stake in Mukunda Foods Private Limited, a food robotics company, for cash consideration of $5 million. The board also approved a loan of up to $150 million to Grofers India in one or more tranches. The loan to Grofers is in line with its stated intent of investing up to $400 million cash in quick commerce in India over the next 2 years.
EKI Energy Services: The firm is in advanced discussions with some of the European oil and gas majors, to launch an initiative to supply free improved cook stoves to rural households to reduce carbon footprint and generate carbon offsets.
Shyam Metalics and Energy: The company announced a fresh round of Rs 990 crore capital expenditure plans to further expand the capacity by 2.85 MTPA. This capital expenditure will be over and above the ongoing capital expenditure expansion of Rs 3,000 crore.
Genus Paper & Boards: The company has successfully commenced production of duplex paper from one of the production lines at a new unit in Muzaffarnagar, Uttar Pradesh. The Muzaffarnagar unit has manufacturing facilities for the production of kraft paper and duplex paper.
ITC: The company has acquired 1,040 compulsorily convertible preference shares of Rs 10 each of Mother Sparsh Baby Care. With this, its shareholding in Mother Sparsh stands at 16 percent.
By: via @AlliesFin Serve Stock Market
One 97 Communications (Paytm): Munish Ravinder Varma resigned as non-executive, non-independent director of the company due to personal commitments and other pre-occupations.
Infibeam Avenues: The board has approved the appointment of Sunil Bhagat as Chief Financial Officer of the company, in place of Hiren Padhya.
Zomato: The food delivery giant acquired a 16.66 percent stake in Mukunda Foods Private Limited, a food robotics company, for cash consideration of $5 million. The board also approved a loan of up to $150 million to Grofers India in one or more tranches. The loan to Grofers is in line with its stated intent of investing up to $400 million cash in quick commerce in India over the next 2 years.
EKI Energy Services: The firm is in advanced discussions with some of the European oil and gas majors, to launch an initiative to supply free improved cook stoves to rural households to reduce carbon footprint and generate carbon offsets.
Shyam Metalics and Energy: The company announced a fresh round of Rs 990 crore capital expenditure plans to further expand the capacity by 2.85 MTPA. This capital expenditure will be over and above the ongoing capital expenditure expansion of Rs 3,000 crore.
Genus Paper & Boards: The company has successfully commenced production of duplex paper from one of the production lines at a new unit in Muzaffarnagar, Uttar Pradesh. The Muzaffarnagar unit has manufacturing facilities for the production of kraft paper and duplex paper.
ITC: The company has acquired 1,040 compulsorily convertible preference shares of Rs 10 each of Mother Sparsh Baby Care. With this, its shareholding in Mother Sparsh stands at 16 percent.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
SGX Nifty +259 pts (16908) from last trade 16649 ,
Nikkei +348 pts ,
Hangseng +541 pts ,
Now @6.58am .
Dow +599.10 pts ,Nsdq +367.40 pts, S&P
+89.34 pts , Bovespa -968 pts , Ftse -17 pts , Dax -11 pts , Cac -14 pts , Crude @ $96.18 brl (-0.26), Brent @ $99.58 brl (-2.00) , Gold @ 1953.40(-7.40), Silver @ $25.27 (-0.27), Euro @ $1.0957, JPY @ $118.39, INR @ 76.305
Today's Corporate Action
16th Mar Ex Date
DRCSYSTEMS
Stock Split From Rs.10/- to Rs.1/-
JINDALSTEL
Interim Dividend - Rs. - 1.0000
KMSUGAR
E.G.M.
METROBRAND
Interim Dividend - Rs. - 1.5000
RELTD
E.G.M.
SHIVMED
Resolution Plan -Suspension
SHRIRAMCIT
Interim Dividend - Rs. - 27.0000
Today's Key Results/Board Meetings
16-Mar-21
ADFFOODS
General
ALLCARGO
Interim Dividend
ATHARVENT
General
COSPOWER
General
LANDMARC
General
MYSPAPE
Quarterly Results
RAJNISH
General
RVNL
Interim Dividend
SHRICON
General
SIMPLEX
Quarterly Results
SMAUTO
General
UNJHAFOR
General
URJAGLOBA
General
YASHCHEM
Interim Dividend
YASHO
General
Stock under F&O ban on NSE
16-Mar-21
1BALRAMCHIN
By: via @AlliesFin Serve Stock Market
Nikkei +348 pts ,
Hangseng +541 pts ,
Now @6.58am .
Dow +599.10 pts ,Nsdq +367.40 pts, S&P
+89.34 pts , Bovespa -968 pts , Ftse -17 pts , Dax -11 pts , Cac -14 pts , Crude @ $96.18 brl (-0.26), Brent @ $99.58 brl (-2.00) , Gold @ 1953.40(-7.40), Silver @ $25.27 (-0.27), Euro @ $1.0957, JPY @ $118.39, INR @ 76.305
Today's Corporate Action
16th Mar Ex Date
DRCSYSTEMS
Stock Split From Rs.10/- to Rs.1/-
JINDALSTEL
Interim Dividend - Rs. - 1.0000
KMSUGAR
E.G.M.
METROBRAND
Interim Dividend - Rs. - 1.5000
RELTD
E.G.M.
SHIVMED
Resolution Plan -Suspension
SHRIRAMCIT
Interim Dividend - Rs. - 27.0000
Today's Key Results/Board Meetings
16-Mar-21
ADFFOODS
General
ALLCARGO
Interim Dividend
ATHARVENT
General
COSPOWER
General
LANDMARC
General
MYSPAPE
Quarterly Results
RAJNISH
General
RVNL
Interim Dividend
SHRICON
General
SIMPLEX
Quarterly Results
SMAUTO
General
UNJHAFOR
General
URJAGLOBA
General
YASHCHEM
Interim Dividend
YASHO
General
Stock under F&O ban on NSE
16-Mar-21
1BALRAMCHIN
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Analysts/Investors Meetings on March 15
Tata Consumer Products: The company's officials will meet Wellington Management, Singapore.
Sheela Foam: The company's officials will attend Valorem Advisors' Investors Conference.
Heranba Industries: The company's officials will meet Prudent Value Partners, Quantum Advisors, TCG Advisory Services, Rockstud Capital LLP, AV Fincorp, Moneybee Investment Advisors, Kitara Capital, Arihant Capital Markets, Omkara Capital, Oculus Capital Advisors LLP, Lucky Investment Managers, Vasuki India Fund, and JPM Capital
Jubilant Pharmova: The company's officials will meet Theleme Partners.
Krsnaa Diagnostics: The company's officials will attend the second Jefferies India Mid-Cap Summit.
Manappuram Finance: The company's officials will attend Jefferies Conference.
Metropolis Healthcare: The company's officials will attend Jefferies Conference.
Vijaya Diagnostic Centre: The company's officials will meet UTI Asset Management.
UltraTech Cement: The company's officials will meet DSP Mutual Fund.
Hindalco Industries: The company's officials will meet DSP Investments.
Sapphire Foods India: The company's officials will meet Cooper Investors and will participate in JP Morgan - India QSR Day – Hungry for More.
Jubilant Ingrevia: The company's officials will attend the second Jefferies India Mid-Cap Summit.
By: via @AlliesFin Serve Stock Market
Tata Consumer Products: The company's officials will meet Wellington Management, Singapore.
Sheela Foam: The company's officials will attend Valorem Advisors' Investors Conference.
Heranba Industries: The company's officials will meet Prudent Value Partners, Quantum Advisors, TCG Advisory Services, Rockstud Capital LLP, AV Fincorp, Moneybee Investment Advisors, Kitara Capital, Arihant Capital Markets, Omkara Capital, Oculus Capital Advisors LLP, Lucky Investment Managers, Vasuki India Fund, and JPM Capital
Jubilant Pharmova: The company's officials will meet Theleme Partners.
Krsnaa Diagnostics: The company's officials will attend the second Jefferies India Mid-Cap Summit.
Manappuram Finance: The company's officials will attend Jefferies Conference.
Metropolis Healthcare: The company's officials will attend Jefferies Conference.
Vijaya Diagnostic Centre: The company's officials will meet UTI Asset Management.
UltraTech Cement: The company's officials will meet DSP Mutual Fund.
Hindalco Industries: The company's officials will meet DSP Investments.
Sapphire Foods India: The company's officials will meet Cooper Investors and will participate in JP Morgan - India QSR Day – Hungry for More.
Jubilant Ingrevia: The company's officials will attend the second Jefferies India Mid-Cap Summit.
By: via @AlliesFin Serve Stock Market
Tuesday, 15 March 2022
@AlliesFin Serve Stock Market's Post
• India Inflation Quickens in February Amid Supply Snarls (1)
o India Feb. Consumer Prices Rise 6.07% Y/y, Est. +6.00%
• India to Spend $2.5B on Reviving 13 Rivers, Govt Says
• Cheap Russian Oil Makes India Scout for Payment Workarounds
• War Seen Inflating India Fertilizer Subsidy Bill to $20 Billion
• Indonesia to Allow Visa on Arrival for China, India Travelers
• India Extends Application for Bulk Drug PLI Until March End
• Paytm Bank Punished for Sharing Data Abroad, Verification Lapses
o Founder tells CNBC firm is compliant with data storage rules
• ArcelorMittal Says Ukraine Operations Revenue $4.1b in 2021
• Tata Sons Head Chandrasekaran Named Chairman of Air India
• Court Sends NSE Ex-CEO Ramkrishna to 14-Day Judicial Custody
• Emerging Market ETFs End Winning Streak, Fall $160.1 Mln
• India Sensex Index Completes Longest Run of Gains in Two Months
• Gold Falls for a Second Day as Bond Yields Climb on Global Rout
• Foreign Outflows From India Bonds Lose Momentum
• Global Funds Sell Net INR1.77B of India Stocks on Monday: NSE
o Domestic funds buy net 11 billion rupees of stocks
• Foreign Investors Sell Net INR13.2B of Indian Equities March 11
• Foreigners Buy Net INR19.9B of Indian Equity Derivatives Monday
• Govt to take all measures to provide relief to consumers from high fuel prices: Puri: PTI
• Coal India (COAL): Offered 160.5m tons Coal until Feb. Under E- Auctioning
• Persistent Systems (PSYS): Buys Mediaagility’s India, U.K, Singapore, Mexico Unit; Deal to Close in 6-8 Weeks
• PVR (PVRL): Clarifies on report of Cinepolis India Merger, that keeps Evaluating Organic, Inorganic Opportunities
• Reliance Industries (RIL): Acquires Assets of Lithium Werks including its patents, China manifacturing facility for $61m
• Strides Pharma (STR): Says Approved Revised Plan; Founder Group to Buy Up to 2m Warrents at INR442 each
• Wipro (WPRO): Says Partners Speira for IT Solutions
By: via @AlliesFin Serve Stock Market
o India Feb. Consumer Prices Rise 6.07% Y/y, Est. +6.00%
• India to Spend $2.5B on Reviving 13 Rivers, Govt Says
• Cheap Russian Oil Makes India Scout for Payment Workarounds
• War Seen Inflating India Fertilizer Subsidy Bill to $20 Billion
• Indonesia to Allow Visa on Arrival for China, India Travelers
• India Extends Application for Bulk Drug PLI Until March End
• Paytm Bank Punished for Sharing Data Abroad, Verification Lapses
o Founder tells CNBC firm is compliant with data storage rules
• ArcelorMittal Says Ukraine Operations Revenue $4.1b in 2021
• Tata Sons Head Chandrasekaran Named Chairman of Air India
• Court Sends NSE Ex-CEO Ramkrishna to 14-Day Judicial Custody
• Emerging Market ETFs End Winning Streak, Fall $160.1 Mln
• India Sensex Index Completes Longest Run of Gains in Two Months
• Gold Falls for a Second Day as Bond Yields Climb on Global Rout
• Foreign Outflows From India Bonds Lose Momentum
• Global Funds Sell Net INR1.77B of India Stocks on Monday: NSE
o Domestic funds buy net 11 billion rupees of stocks
• Foreign Investors Sell Net INR13.2B of Indian Equities March 11
• Foreigners Buy Net INR19.9B of Indian Equity Derivatives Monday
• Govt to take all measures to provide relief to consumers from high fuel prices: Puri: PTI
• Coal India (COAL): Offered 160.5m tons Coal until Feb. Under E- Auctioning
• Persistent Systems (PSYS): Buys Mediaagility’s India, U.K, Singapore, Mexico Unit; Deal to Close in 6-8 Weeks
• PVR (PVRL): Clarifies on report of Cinepolis India Merger, that keeps Evaluating Organic, Inorganic Opportunities
• Reliance Industries (RIL): Acquires Assets of Lithium Werks including its patents, China manifacturing facility for $61m
• Strides Pharma (STR): Says Approved Revised Plan; Founder Group to Buy Up to 2m Warrents at INR442 each
• Wipro (WPRO): Says Partners Speira for IT Solutions
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Forthcoming Event
15th March – MOLDTECH to consider Dividend; Modulex Construction, SPV Global Trading to consider Rights Issue
16th March – ALLCARGO, MYSPAPE, RVNL, SIMPLEX, UNITEDTEA to consider Dividend; ADF Foods, Servotech Power Systems to consider Fund Raising
17th March – BEL to consider Dividend; Dhanlaxmi Bank to consider Fund Raising
18th March – BIRLACAP, TVSMOTOR to consider Dividend
21st March – Indrayani Biotech to consider Fund Raising
22nd March – SUNCLAYLTD to consider Dividend
By: via @AlliesFin Serve Stock Market
15th March – MOLDTECH to consider Dividend; Modulex Construction, SPV Global Trading to consider Rights Issue
16th March – ALLCARGO, MYSPAPE, RVNL, SIMPLEX, UNITEDTEA to consider Dividend; ADF Foods, Servotech Power Systems to consider Fund Raising
17th March – BEL to consider Dividend; Dhanlaxmi Bank to consider Fund Raising
18th March – BIRLACAP, TVSMOTOR to consider Dividend
21st March – Indrayani Biotech to consider Fund Raising
22nd March – SUNCLAYLTD to consider Dividend
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
• Mumbai Becomes First South Asian City to Detail Net-Zero Roadmap
• Lessors Grasp for Ways to Salvage Value From Jets in Russia
o Options may be available in India, but hurdles are many
• India Central Bank Studying Benefits, Risks of CBDC: Sitharaman
• SoftBank in Talks With Tata, Mahindra to Fund Digital Operations
• India Jan. Industrial Production Rises 1.3% Y/y, Est. +1.4%
• India’s RBI Allows HDFC Bank to Resume New Digital Initiatives
• India May Relook Inflation, Growth Projections, RBI’s Patra Says
• Tata Steel Eyes Other Nations Amid Uncertain Russian Coal Supply
• Ukraine War May Necessitate Review of India GDP Forecast: RBI
• India’s EPFO Recommends 8.1% Interest to Subscribers for FY22
• India Blames ‘Accident’ After Missile Fired Into Pakistan
• Pakistan Demands A Joint Probe Into Indian Missile Incident
• India’s FX Reserves Rise $394M to $631.9b in Week to March 5
• India in Talks to Buy Palm Oil, Sell Rice and Wheat to Malaysia
o Discussion comes as world grapples with surging food prices
• Byju’s Founder in $800 Million Funding Round With BlackRock
• India is Said to Consider Rupee Payments for Trade With Russia
• Global Funds Sell Net INR22.6B of India Stocks on Friday:NSE
o Domestic funds buy net 16.9b rupees of stocks
• Foreign Investors Buy Net INR7.45B of India Equities on Thursday
• Foreigners Buy Net INR12.6B of Indian Equity Derivatives Friday
• PM Modi chairs CCS meeting to review India’s security preparedness: PTI
• Govt has time till May 12 to launch LIC IPO without seeking fresh Sebi approval: PTI
• RS to get 19 hours of additional time for business in 2nd part of Parliament’s Budget session: PTI
• British Steel Lifts Prices by About 25%: Times
• India SEBI Prodding IPO-Bound Cos on Non-Financial Metrics: Rtrs
• GAIL India (GAIL): To pay 2nd Mid-Year Dividend of 5 rupees/share
• HDFC Bank (HDFCB): RBI Allows HDFC Bank to Resume New Digital Initiatives
• Jubilant Foodworks (JUBI): Says CEO Pratik Rashmikant Pota Resigns
• Lupin (LPC): Gets U.S. FDA Approval for Vigabatrin Oral Solution
• One 97 Communications (PAYTM): India’s Paytm Payments Bank Barred From Adding New Customers: RBI
• Sobha (SOBHA): Says MD Jagdish Chandra Sharma Resigns Effective April 1
• Tech Mahindra (TECHM): Says Acquires Thirdware Solutions for $42m
• 12pm: India Feb. Wholesale Price Inflation YoY, est. 12.10%, prior 12.96%
• 5:30pm: India Feb. Consumer Price Inflation y/y; est. 6.00%, prior 6.01%
By: via @AlliesFin Serve Stock Market
• Lessors Grasp for Ways to Salvage Value From Jets in Russia
o Options may be available in India, but hurdles are many
• India Central Bank Studying Benefits, Risks of CBDC: Sitharaman
• SoftBank in Talks With Tata, Mahindra to Fund Digital Operations
• India Jan. Industrial Production Rises 1.3% Y/y, Est. +1.4%
• India’s RBI Allows HDFC Bank to Resume New Digital Initiatives
• India May Relook Inflation, Growth Projections, RBI’s Patra Says
• Tata Steel Eyes Other Nations Amid Uncertain Russian Coal Supply
• Ukraine War May Necessitate Review of India GDP Forecast: RBI
• India’s EPFO Recommends 8.1% Interest to Subscribers for FY22
• India Blames ‘Accident’ After Missile Fired Into Pakistan
• Pakistan Demands A Joint Probe Into Indian Missile Incident
• India’s FX Reserves Rise $394M to $631.9b in Week to March 5
• India in Talks to Buy Palm Oil, Sell Rice and Wheat to Malaysia
o Discussion comes as world grapples with surging food prices
• Byju’s Founder in $800 Million Funding Round With BlackRock
• India is Said to Consider Rupee Payments for Trade With Russia
• Global Funds Sell Net INR22.6B of India Stocks on Friday:NSE
o Domestic funds buy net 16.9b rupees of stocks
• Foreign Investors Buy Net INR7.45B of India Equities on Thursday
• Foreigners Buy Net INR12.6B of Indian Equity Derivatives Friday
• PM Modi chairs CCS meeting to review India’s security preparedness: PTI
• Govt has time till May 12 to launch LIC IPO without seeking fresh Sebi approval: PTI
• RS to get 19 hours of additional time for business in 2nd part of Parliament’s Budget session: PTI
• British Steel Lifts Prices by About 25%: Times
• India SEBI Prodding IPO-Bound Cos on Non-Financial Metrics: Rtrs
• GAIL India (GAIL): To pay 2nd Mid-Year Dividend of 5 rupees/share
• HDFC Bank (HDFCB): RBI Allows HDFC Bank to Resume New Digital Initiatives
• Jubilant Foodworks (JUBI): Says CEO Pratik Rashmikant Pota Resigns
• Lupin (LPC): Gets U.S. FDA Approval for Vigabatrin Oral Solution
• One 97 Communications (PAYTM): India’s Paytm Payments Bank Barred From Adding New Customers: RBI
• Sobha (SOBHA): Says MD Jagdish Chandra Sharma Resigns Effective April 1
• Tech Mahindra (TECHM): Says Acquires Thirdware Solutions for $42m
• 12pm: India Feb. Wholesale Price Inflation YoY, est. 12.10%, prior 12.96%
• 5:30pm: India Feb. Consumer Price Inflation y/y; est. 6.00%, prior 6.01%
By: via @AlliesFin Serve Stock Market
Monday, 14 March 2022
@AlliesFin Serve Stock Market's Post
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 14-03-2022 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +1990*
*INDEX FUT. : +569*
*INDEX OPT. : +1997*
*STOCK FUT. : -839*
*STOCK OPT. : +263*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 14-MAR-22 : (Rs. CRS )*
*FIIS : SELL -176 (8,151-8,328)*
*DIIS : BUY +1,098 (6,385-5,287)*
*BSE SENSEX : +936 (56,486)*
*NSE NIFTY : +241 (16,871)*
*BSE MIDCAP. : +04 (23,314)*
*BSE SMLCAP. : +85 (27,226)*
*B. CRUDE : $ 107.08 (5pm)*
*GOLD: $1958=INR 52500(10gr)(5pm)*
*SILVER :* *RS. 70,000 (kg) (5pm) *
*FOREX : RS. : $ 76.59*
*6.54% GOI '32 : 6.8536%(97.77)*
*6.10% GOI '31 : 6.8946% (94.60)*
*6.67% GOI '35 : 7.1674% (95.67)*
By: via @AlliesFin Serve Stock Market
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +1990*
*INDEX FUT. : +569*
*INDEX OPT. : +1997*
*STOCK FUT. : -839*
*STOCK OPT. : +263*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 14-MAR-22 : (Rs. CRS )*
*FIIS : SELL -176 (8,151-8,328)*
*DIIS : BUY +1,098 (6,385-5,287)*
*BSE SENSEX : +936 (56,486)*
*NSE NIFTY : +241 (16,871)*
*BSE MIDCAP. : +04 (23,314)*
*BSE SMLCAP. : +85 (27,226)*
*B. CRUDE : $ 107.08 (5pm)*
*GOLD: $1958=INR 52500(10gr)(5pm)*
*SILVER :* *RS. 70,000 (kg) (5pm) *
*FOREX : RS. : $ 76.59*
*6.54% GOI '32 : 6.8536%(97.77)*
*6.10% GOI '31 : 6.8946% (94.60)*
*6.67% GOI '35 : 7.1674% (95.67)*
By: via @AlliesFin Serve Stock Market
Friday, 11 March 2022
@AlliesFin Serve Stock Market's Post
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 11-03-2022 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +1256*
*INDEX FUT. : +428*
*INDEX OPT. : -108*
*STOCK FUT. : +848*
*STOCK OPT. : +88*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 11-MAR-22 : (Rs. CRS )*
*FIIS : SELL -2,264 (6,251-8,515)*
*DIIS : BUY +1,687 (6,786-5,099)*
*BSE SENSEX : +86 (55,550)*
*NSE NIFTY : +35 (16,630)*
*BSE MIDCAP. : +104 (23,310)*
*BSE SMLCAP. : +243 (27,141)*
*B. CRUDE : $ 113.57 (5pm)*
*GOLD: $1983=INR 53300(10gr)(5pm)*
*SILVER :* *RS. 70,200 (kg) (5pm) *
*FOREX : RS. : $ 76.59*
*6.54% GOI '32 : 6.8554%(97.7575)*
*6.10% GOI '31 : 6.8946% (94.5875)*
*6.67% GOI '35 : 7.1674% (95.68)*
By: via @AlliesFin Serve Stock Market
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +1256*
*INDEX FUT. : +428*
*INDEX OPT. : -108*
*STOCK FUT. : +848*
*STOCK OPT. : +88*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 11-MAR-22 : (Rs. CRS )*
*FIIS : SELL -2,264 (6,251-8,515)*
*DIIS : BUY +1,687 (6,786-5,099)*
*BSE SENSEX : +86 (55,550)*
*NSE NIFTY : +35 (16,630)*
*BSE MIDCAP. : +104 (23,310)*
*BSE SMLCAP. : +243 (27,141)*
*B. CRUDE : $ 113.57 (5pm)*
*GOLD: $1983=INR 53300(10gr)(5pm)*
*SILVER :* *RS. 70,200 (kg) (5pm) *
*FOREX : RS. : $ 76.59*
*6.54% GOI '32 : 6.8554%(97.7575)*
*6.10% GOI '31 : 6.8946% (94.5875)*
*6.67% GOI '35 : 7.1674% (95.68)*
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Stocks in News
MMTC: The company has executed the Share Purchase Agreement and Escrow Agreement for the sale of its entire equity holding in Neelachal Ispat Nigam (NINL) to Tata Steel Long Products (TSLP). TSLP has been selected as a successful bidder through the two-stage auction procedure, run under the aegis of DIPAM, GOI.
Futures Consumer: Future Consumer said it has agreed with Fonterra Co-operative Group to wind down 50:50 joint venture - Fonterra Future Dairy. The joint venture was established in 2018.
Supreme Petrochem: The board has approved Phase II expansion of its expandable polystyrene (EPS) plant at Nagothane, Maharashtra by 30,000 MTA. Board also approved setting of the second line of extruded polystyrene board (XPS), and increasing the Masterbatch and Compounds capacity. The capital cost for these capital expenditure schemes will be met from the company's internal accruals.
Kirloskar Ferrous Industries, and ISMT: The board has allotted 15.4 crore equity shares of ISMT at a price of Rs 30.95 per share, to Kirloskar Ferrous Industries for Rs 476.63 crore. With this, Kirloskar Ferrous Industries has acquired a controlling interest and holds a 51.25 percent stake in ISMT. Kirloskar Ferrous Industries has been classified as the promoter with sole control of ISMT.
Aavas Financiers: UK's development finance institution CDC Group invested Rs 360 crore in a Social Bond program by the company. The investment will be made in the form of rupee-denominated bonds (Masala Bonds) and will be listed as a social bond, in alignment with the International Capital Market Association's Social Bond Principles. The proceeds of the bonds will be used to finance the women-owned property loan portfolio, with an aim to address gender inequity in asset ownership, in India.
Shipping Corporation of India: Life Insurance Corporation of India sold a 2 percent equity stake in the company via open market transactions. With this, LIC's shareholding in the company stands at 6.03 percent, down from 8.04 percent earlier.
Britannia Industries: Life Insurance Corporation acquired a 1.2 lakh share in the company via open market transactions on March 9. With this, its shareholding stands at 5.02 percent, up from 4.97 percent earlier.
By: via @AlliesFin Serve Stock Market
MMTC: The company has executed the Share Purchase Agreement and Escrow Agreement for the sale of its entire equity holding in Neelachal Ispat Nigam (NINL) to Tata Steel Long Products (TSLP). TSLP has been selected as a successful bidder through the two-stage auction procedure, run under the aegis of DIPAM, GOI.
Futures Consumer: Future Consumer said it has agreed with Fonterra Co-operative Group to wind down 50:50 joint venture - Fonterra Future Dairy. The joint venture was established in 2018.
Supreme Petrochem: The board has approved Phase II expansion of its expandable polystyrene (EPS) plant at Nagothane, Maharashtra by 30,000 MTA. Board also approved setting of the second line of extruded polystyrene board (XPS), and increasing the Masterbatch and Compounds capacity. The capital cost for these capital expenditure schemes will be met from the company's internal accruals.
Kirloskar Ferrous Industries, and ISMT: The board has allotted 15.4 crore equity shares of ISMT at a price of Rs 30.95 per share, to Kirloskar Ferrous Industries for Rs 476.63 crore. With this, Kirloskar Ferrous Industries has acquired a controlling interest and holds a 51.25 percent stake in ISMT. Kirloskar Ferrous Industries has been classified as the promoter with sole control of ISMT.
Aavas Financiers: UK's development finance institution CDC Group invested Rs 360 crore in a Social Bond program by the company. The investment will be made in the form of rupee-denominated bonds (Masala Bonds) and will be listed as a social bond, in alignment with the International Capital Market Association's Social Bond Principles. The proceeds of the bonds will be used to finance the women-owned property loan portfolio, with an aim to address gender inequity in asset ownership, in India.
Shipping Corporation of India: Life Insurance Corporation of India sold a 2 percent equity stake in the company via open market transactions. With this, LIC's shareholding in the company stands at 6.03 percent, down from 8.04 percent earlier.
Britannia Industries: Life Insurance Corporation acquired a 1.2 lakh share in the company via open market transactions on March 9. With this, its shareholding stands at 5.02 percent, up from 4.97 percent earlier.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*SGX Nifty -77 pts (16490) from last trade 16567 ,*
Nikkei -536 pts ,
Hangseng -430 pts ,
Now @6.54am .
Dow -112.18 pts ,Nsdq -125.58 pts, S&P
-18.36 pts , Bovespa -237 pts , Ftse -91 pts , Dax -405 pts , Cac -180 pts , Crude @ $107.20 brl (+1.18), Brent @ $109.31 brl (+0.00) , Gold @ 2000.40(-0.00), Silver @ $26.21 (-0.04), Euro @ $1.1008, JPY @ $116.27, INR @ 76.295
*Today's Corporate Action*
*11th Mar Ex Date*
SRTRANSFIN
Interim Dividend
*Today's Key Results/Board Meetings*
*11-Mar-21*
KESARPE
General
SHREYASI
General
*Stock under F&O ban on NSE*
*11-Mar-21*
None
By: via @AlliesFin Serve Stock Market
Nikkei -536 pts ,
Hangseng -430 pts ,
Now @6.54am .
Dow -112.18 pts ,Nsdq -125.58 pts, S&P
-18.36 pts , Bovespa -237 pts , Ftse -91 pts , Dax -405 pts , Cac -180 pts , Crude @ $107.20 brl (+1.18), Brent @ $109.31 brl (+0.00) , Gold @ 2000.40(-0.00), Silver @ $26.21 (-0.04), Euro @ $1.1008, JPY @ $116.27, INR @ 76.295
*Today's Corporate Action*
*11th Mar Ex Date*
SRTRANSFIN
Interim Dividend
*Today's Key Results/Board Meetings*
*11-Mar-21*
KESARPE
General
SHREYASI
General
*Stock under F&O ban on NSE*
*11-Mar-21*
None
By: via @AlliesFin Serve Stock Market
Thursday, 10 March 2022
@AlliesFin Serve Stock Market's Post
Indian markets are holding up really well.
NSDL Data shows that FPIs have withdrawn 1.29 lakh crore in FY 21-22. This is the highest ever.
Despite this, Nifty 50 is down less than 14% from its peak.
The bulk of these outflows started in October 2021 and have been the worst in Jan and Feb 2022. Here are the numbers -
FPI Net Outflows -
October 2021 - 17033 crore
November 2021 - 5710 crore
December 2021 - 13150 crore
January 2022 - 35,975 crore
February 2022 - 37,689 crore
Two sectors have dominated these numbers with the greatest amount of absolute outflows. They are financial services (including banks) and IT. Both sectors have seen outflows in excess of Rs 40,000 crore each
While not comparable, one sector has seen disproportionate inflows from FPIs. This sector is Retail. The net inflows between October 2021 and Feb 2022 are just above Rs 15,000 crore.
Domestic mutual funds and domestic mutual fund investors have played a pivotal role in keeping the markets strong. They put in 98,624 crores between Oct 2021 and Feb 2022.
It looks like the FPIs will have to buy back at higher prices when they bring back these funds to India
By: via @AlliesFin Serve Stock Market
NSDL Data shows that FPIs have withdrawn 1.29 lakh crore in FY 21-22. This is the highest ever.
Despite this, Nifty 50 is down less than 14% from its peak.
The bulk of these outflows started in October 2021 and have been the worst in Jan and Feb 2022. Here are the numbers -
FPI Net Outflows -
October 2021 - 17033 crore
November 2021 - 5710 crore
December 2021 - 13150 crore
January 2022 - 35,975 crore
February 2022 - 37,689 crore
Two sectors have dominated these numbers with the greatest amount of absolute outflows. They are financial services (including banks) and IT. Both sectors have seen outflows in excess of Rs 40,000 crore each
While not comparable, one sector has seen disproportionate inflows from FPIs. This sector is Retail. The net inflows between October 2021 and Feb 2022 are just above Rs 15,000 crore.
Domestic mutual funds and domestic mutual fund investors have played a pivotal role in keeping the markets strong. They put in 98,624 crores between Oct 2021 and Feb 2022.
It looks like the FPIs will have to buy back at higher prices when they bring back these funds to India
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Mkt. Updates :
SGX Nifty +235 pts (16620) from last trade 16385 ,
Nikkei +825 pts ,
Hangseng +470 pts ,
Now @6.53am .
Dow +653.61 pts ,Nsdq +460.00 pts, S&P
+107.18 pts , Bovespa +2696 pts , Ftse +226 pts , Dax +1016 pts , Cac +424 pts , Crude @ $110.22 brl (+1.52), Brent @ $111.14 brl (+6.26) , Gold @ 1988.20(-0.20), Silver @ $25.835 (+0.01), Euro @ $1.1053, JPY @ $115.97, INR @ 76.255
US GOVT. 10-YEAR YIELD : 1.93%
Today's Corporate Action, 10 Mar Ex Date :
7TEC
Interim Dividend - Rs. - 1.0000
BCLENTERPR
Bonus issue 1:1
BCLENTERPR
Stock Split From Rs.10/- to Rs.1/-
EIDPARRY
Interim Dividend - Rs. - 5.5000
MUL
Stock Split From Rs.10/- to Rs.1/-
ULTRACAB
Bonus issue 1:2
ULTRACAB
Stock Split From Rs.10/- to Rs.2/-
VISHAL
Bonus issue 2:1
*Today's Key Results/Board Meetings, 10-Mar-21 :*
BCLIL
Interim Dividend
INDINFO
General
INDLEASE
General
KABRADG
General
MOTOGENFIN
General
PARACABLES
General
*SEC. IN F&O BAN FOR, 10-Mar-21 :*
*NIL*
By: via @AlliesFin Serve Stock Market
SGX Nifty +235 pts (16620) from last trade 16385 ,
Nikkei +825 pts ,
Hangseng +470 pts ,
Now @6.53am .
Dow +653.61 pts ,Nsdq +460.00 pts, S&P
+107.18 pts , Bovespa +2696 pts , Ftse +226 pts , Dax +1016 pts , Cac +424 pts , Crude @ $110.22 brl (+1.52), Brent @ $111.14 brl (+6.26) , Gold @ 1988.20(-0.20), Silver @ $25.835 (+0.01), Euro @ $1.1053, JPY @ $115.97, INR @ 76.255
US GOVT. 10-YEAR YIELD : 1.93%
Today's Corporate Action, 10 Mar Ex Date :
7TEC
Interim Dividend - Rs. - 1.0000
BCLENTERPR
Bonus issue 1:1
BCLENTERPR
Stock Split From Rs.10/- to Rs.1/-
EIDPARRY
Interim Dividend - Rs. - 5.5000
MUL
Stock Split From Rs.10/- to Rs.1/-
ULTRACAB
Bonus issue 1:2
ULTRACAB
Stock Split From Rs.10/- to Rs.2/-
VISHAL
Bonus issue 2:1
*Today's Key Results/Board Meetings, 10-Mar-21 :*
BCLIL
Interim Dividend
INDINFO
General
INDLEASE
General
KABRADG
General
MOTOGENFIN
General
PARACABLES
General
*SEC. IN F&O BAN FOR, 10-Mar-21 :*
*NIL*
By: via @AlliesFin Serve Stock Market
Wednesday, 9 March 2022
@AlliesFin Serve Stock Market's Post
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 09-03-2022 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +1707*
*INDEX FUT. : +678*
*INDEX OPT. : +1359*
*STOCK FUT. : -179*
*STOCK OPT. : -151*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 09-MAR-22 : (Rs. CRS )*
*FIIS : SELL -4,819 (9,371-14,189)*
*DIIS : BUY +3,276 (11,078-7,802)*
*BSE SENSEX : +1223 (54,647)*
*NSE NIFTY : +332 (16,345)*
*BSE MIDCAP. : +531 (22,962)*
*BSE SMLCAP. : +562 (26,584)*
*B. CRUDE : $ 125.81 (5pm)*
*GOLD: $2014=INR 54300(10gr)(5pm)*
*SILVER :* *RS. 71,200 (kg) (5pm) *
*FOREX : RS. : $ 76.56*
*6.54% GOI '32 : 6.8448%(97.83)*
*6.10% GOI '31 : 6.8746% (94.7150)*
*6.67% GOI '35 : 7.1648% (95.70)*
By: via @AlliesFin Serve Stock Market
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +1707*
*INDEX FUT. : +678*
*INDEX OPT. : +1359*
*STOCK FUT. : -179*
*STOCK OPT. : -151*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 09-MAR-22 : (Rs. CRS )*
*FIIS : SELL -4,819 (9,371-14,189)*
*DIIS : BUY +3,276 (11,078-7,802)*
*BSE SENSEX : +1223 (54,647)*
*NSE NIFTY : +332 (16,345)*
*BSE MIDCAP. : +531 (22,962)*
*BSE SMLCAP. : +562 (26,584)*
*B. CRUDE : $ 125.81 (5pm)*
*GOLD: $2014=INR 54300(10gr)(5pm)*
*SILVER :* *RS. 71,200 (kg) (5pm) *
*FOREX : RS. : $ 76.56*
*6.54% GOI '32 : 6.8448%(97.83)*
*6.10% GOI '31 : 6.8746% (94.7150)*
*6.67% GOI '35 : 7.1648% (95.70)*
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Markets could be highly volatile tomorrow @AlliesFin
1 ELECTION RESULT
2 WEEKLY EXPIRY OF AN OPTION
3 WAR UPDATES
STAY CALM THIS MAY PASS THROUGH.
By: via @AlliesFin Serve Stock Market
1 ELECTION RESULT
2 WEEKLY EXPIRY OF AN OPTION
3 WAR UPDATES
STAY CALM THIS MAY PASS THROUGH.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Analysts/Investors Meetings
tg @alliesfin
UltraTech Cement: The company's officials will meet MAN Group, and Kotak Mahindra Asset Management Company on March 9.
Shoppers Stop: The company's officials will meet Sharekhan on March 9.
Poonawalla Fincorp: The company's officials will meet Amansa Capital Pte Ltd on March 9.
UPL: The company's officials will meet Aditya Birla Mutual Fund, Envision Capital Services, Helios Capital, ICICI Prudential Life Insurance, Kotak Life Insurance, Max Life Insurance, Old Bridge Capital Management, Tata AIA Life Insurance, Tusk Investments, Value Quest Investment Advisors on March 9.
Sapphire Foods India: The company's officials will meet New Horizon Investments on March 9; and Nirmal Bang on March 11.
Crompton Greaves Consumer Electricals: The company's officials will meet Mirae Asset Global Investments, and ICICI Prudential AMC on March 9; Fidelity International on March 10; and MFS International & Sundaram Mutual Fund on March 11.
Jindal Stainless: The company's officials will attend Investec Capital Services' investor meeting on March 9.
CRISIL: The company's officials will meet Quantum Advisors on March 10.
SMC Global Securities: The company's officials will attend Valorem Advisors' Investor Conference on March 10.
Voltas: The company's officials will meet Nirmal Bang, and Enam Asset Management on March 10; FSSA Investment Managers on March 11; and IIFL Capital & Dolat Capital Market on March 14.
Fortis Healthcare: The company's officials will participate Goldman Sachs India Pharma and Healthcare Tour 2022 on March 10; and Jefferies India Mid-Cap Summit on March 15.
KEC International: The company's officials will meet HDFC Securities on March 10; and Prabhudas Lilladher on March 14.
Escorts: The company's officials will attend Credit Suisse Asian Investment Conference on March 24.
By: via @AlliesFin Serve Stock Market
tg @alliesfin
UltraTech Cement: The company's officials will meet MAN Group, and Kotak Mahindra Asset Management Company on March 9.
Shoppers Stop: The company's officials will meet Sharekhan on March 9.
Poonawalla Fincorp: The company's officials will meet Amansa Capital Pte Ltd on March 9.
UPL: The company's officials will meet Aditya Birla Mutual Fund, Envision Capital Services, Helios Capital, ICICI Prudential Life Insurance, Kotak Life Insurance, Max Life Insurance, Old Bridge Capital Management, Tata AIA Life Insurance, Tusk Investments, Value Quest Investment Advisors on March 9.
Sapphire Foods India: The company's officials will meet New Horizon Investments on March 9; and Nirmal Bang on March 11.
Crompton Greaves Consumer Electricals: The company's officials will meet Mirae Asset Global Investments, and ICICI Prudential AMC on March 9; Fidelity International on March 10; and MFS International & Sundaram Mutual Fund on March 11.
Jindal Stainless: The company's officials will attend Investec Capital Services' investor meeting on March 9.
CRISIL: The company's officials will meet Quantum Advisors on March 10.
SMC Global Securities: The company's officials will attend Valorem Advisors' Investor Conference on March 10.
Voltas: The company's officials will meet Nirmal Bang, and Enam Asset Management on March 10; FSSA Investment Managers on March 11; and IIFL Capital & Dolat Capital Market on March 14.
Fortis Healthcare: The company's officials will participate Goldman Sachs India Pharma and Healthcare Tour 2022 on March 10; and Jefferies India Mid-Cap Summit on March 15.
KEC International: The company's officials will meet HDFC Securities on March 10; and Prabhudas Lilladher on March 14.
Escorts: The company's officials will attend Credit Suisse Asian Investment Conference on March 24.
By: via @AlliesFin Serve Stock Market
Tuesday, 8 March 2022
@AlliesFin Serve Stock Market's Post
Nickel rates back to normal after short squeeze. This is power or commodity. #nickel #mcx #lme #alliesfin #trading
By: via @AlliesFin Serve Stock Market
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
biggest trader on short side in nickle Trader Known as ‘Big Shot’ Battles Mystery Nickel Stockpiler - BNN Bloomberg https://t.co/YirFg0RSPC
By: via @AlliesFin Serve Stock Market
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Mkt. Updates :*
*SGX Nifty -123 pts (15770) from last trade 15893 ,*
Nikkei +2 pts ,
Hangseng +25 pts ,
Now @6.52am .
Dow -797.42 pts ,Nsdq -482.48 pts, S&P
-127.78 pts , Bovespa -2880 pts , Ftse -27 pts , Dax -259 pts , Cac -79 pts , Crude @ $121.23 brl (+1.83), Brent @ $123.21 brl (+0.00) , Gold @ 2003.90(+8.00), Silver @ $25.915 (+0.19), Euro @ $1.0867, JPY @ $115.35, INR @ 76.965
*US GOVT. 10-YEAR YIELD : 1.77%*
*Today's Corporate Action, 08 Mar Ex Date :*
DEEP
Bonus issue 3:4
VIPIND
Interim Dividend - Rs. - 2.5000
WOCKPHARMA
Right Issue of Equity Shares
*Today's Key Results/Board Meetings , 08-Mar-21 :*
CORALAB
General
MPL
General
SHALPAINTS
General
SHRIRAMCIT
General;Interim Dividend
*SEC. 8N F&O BAN FOR, 08-Mar-21 :*
*NIL*
*Today's Alert :*
*RBI to Conduct Auction of SDLS BONDS for INR 169 Billion*
By: via @AlliesFin Serve Stock Market
*SGX Nifty -123 pts (15770) from last trade 15893 ,*
Nikkei +2 pts ,
Hangseng +25 pts ,
Now @6.52am .
Dow -797.42 pts ,Nsdq -482.48 pts, S&P
-127.78 pts , Bovespa -2880 pts , Ftse -27 pts , Dax -259 pts , Cac -79 pts , Crude @ $121.23 brl (+1.83), Brent @ $123.21 brl (+0.00) , Gold @ 2003.90(+8.00), Silver @ $25.915 (+0.19), Euro @ $1.0867, JPY @ $115.35, INR @ 76.965
*US GOVT. 10-YEAR YIELD : 1.77%*
*Today's Corporate Action, 08 Mar Ex Date :*
DEEP
Bonus issue 3:4
VIPIND
Interim Dividend - Rs. - 2.5000
WOCKPHARMA
Right Issue of Equity Shares
*Today's Key Results/Board Meetings , 08-Mar-21 :*
CORALAB
General
MPL
General
SHALPAINTS
General
SHRIRAMCIT
General;Interim Dividend
*SEC. 8N F&O BAN FOR, 08-Mar-21 :*
*NIL*
*Today's Alert :*
*RBI to Conduct Auction of SDLS BONDS for INR 169 Billion*
By: via @AlliesFin Serve Stock Market
Monday, 7 March 2022
@AlliesFin Serve Stock Market's Post
#April #slb #alliesfin #stocklending
#Escorts @ 140
#Irctc @ 21
offer valid till buyer last.
By: via @AlliesFin Serve Stock Market
#Escorts @ 140
#Irctc @ 21
offer valid till buyer last.
By: via @AlliesFin Serve Stock Market
Saturday, 5 March 2022
@AlliesFin Serve Stock Market's Post
A1GURUKULAM
Delta Education/Delta Trading
BOOST YOUR TRADING
CAREER WITH ADVANCE OPTIONS TRAINING COURSE
• OPTIONS PRICING
• INTRODUCTION TO OPTIONS
• GREEK INTRODUCTION
• DELTA & VEGA
• GAMMA
• THETA & RHO
• OPTIONS WRITING STRATEGIES
For more details
JOIN US FOR INTRODUCTION SESSION ON DELTA TRADING
12TH MARCH, SATURDAY
VENUE ; Borivali west, Mumbai
Intro session investment 60 to 90 minutes of your valuable time.
Interested participants can fill the form
https://forms.gle/cbJW2PZzGJZQRkUH9
Msg on
https://wa.me/message/ZLDDUQUB723DE1
By: via @AlliesFin Serve Stock Market
Delta Education/Delta Trading
BOOST YOUR TRADING
CAREER WITH ADVANCE OPTIONS TRAINING COURSE
• OPTIONS PRICING
• INTRODUCTION TO OPTIONS
• GREEK INTRODUCTION
• DELTA & VEGA
• GAMMA
• THETA & RHO
• OPTIONS WRITING STRATEGIES
For more details
JOIN US FOR INTRODUCTION SESSION ON DELTA TRADING
12TH MARCH, SATURDAY
VENUE ; Borivali west, Mumbai
Intro session investment 60 to 90 minutes of your valuable time.
Interested participants can fill the form
https://forms.gle/cbJW2PZzGJZQRkUH9
Msg on
https://wa.me/message/ZLDDUQUB723DE1
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
BREAKING JUST IN
The cabinet has given green signal to the New Education Policy. After 34 years, there has been a change in the education policy. The notable features of the new education policy are as follows:
5 Years Fundamental
1. Nursery @4 Years
2. Jr KG @5 Years
3. Sr KG @6 Years
4. Std 1st @7 Years
5. Std 2nd @8 Years
3 Years Preparatory
6. Std 3rd @9 Years
7. Std 4th @10 Years
8. Std 5th @11 Years
3 Years Middle
9. Std 6th @12 Years
10.Std 7th @13 Years
11.Std 8th @14 Years
4 Years Secondary
12.Std 9th @15 Years
13.Std SSC @16 Years
14.Std FYJC @17Years
15.STD SYJC @18 Years
Special and important things:
* Board will be in 12th class only, MPhil will be closed, college degree of 4 years *
* 10th board is over, MPhil will also be closed,*
* Now students up to 5th standard will be taught in mother tongue, local language and national language only. The rest of the subject, even if it is English, will be taught as a subject.*
* Now only 12th board exam will have to be given. Whereas earlier it was mandatory to give 10th board exam, which will not happen now.
* Examination will be held in the semester from 9th to 12th class. Schooling will be taught under the 5+3+3+4 formula.*
At the same time, the college degree will be of 3 and 4 years. That is, certificate on the first year of graduation, diploma on the second year, degree in the third year.
3 year degree is for those students who do not want to take higher education. Whereas students pursuing higher education will have to do a 4-year degree. Students doing 4-year degree will be able to do MA in one year.
*Now students will not have to do MPhil. Rather, MA students will now be able to do PhD directly.
There will be no board exam in 10th.
*Students will be able to do other courses in between. The gross enrollment ratio in higher education will be 50 percent by 2035. At the same time, under the new education policy, if a student wants to do another course in the middle of a course, then he can do the second course by taking a break from the first course for a limited time.
*Many reforms have also been made in higher education. The reforms include graded academic, administrative and financial autonomy etc. Apart from this, e-courses will be started in regional languages. Virtual Labs will be developed. A National Educational Scientific Forum (NETF) will be started. Please tell that there are 45 thousand colleges in the country.
* There will be same rules for all institutions, government, private, deemed.*
By order :-
(Honorable Education Minister, Government of India)
https://nvshq.org/article/new-national-education-policy-nep-2020/
By: via @AlliesFin Serve Stock Market
The cabinet has given green signal to the New Education Policy. After 34 years, there has been a change in the education policy. The notable features of the new education policy are as follows:
5 Years Fundamental
1. Nursery @4 Years
2. Jr KG @5 Years
3. Sr KG @6 Years
4. Std 1st @7 Years
5. Std 2nd @8 Years
3 Years Preparatory
6. Std 3rd @9 Years
7. Std 4th @10 Years
8. Std 5th @11 Years
3 Years Middle
9. Std 6th @12 Years
10.Std 7th @13 Years
11.Std 8th @14 Years
4 Years Secondary
12.Std 9th @15 Years
13.Std SSC @16 Years
14.Std FYJC @17Years
15.STD SYJC @18 Years
Special and important things:
* Board will be in 12th class only, MPhil will be closed, college degree of 4 years *
* 10th board is over, MPhil will also be closed,*
* Now students up to 5th standard will be taught in mother tongue, local language and national language only. The rest of the subject, even if it is English, will be taught as a subject.*
* Now only 12th board exam will have to be given. Whereas earlier it was mandatory to give 10th board exam, which will not happen now.
* Examination will be held in the semester from 9th to 12th class. Schooling will be taught under the 5+3+3+4 formula.*
At the same time, the college degree will be of 3 and 4 years. That is, certificate on the first year of graduation, diploma on the second year, degree in the third year.
3 year degree is for those students who do not want to take higher education. Whereas students pursuing higher education will have to do a 4-year degree. Students doing 4-year degree will be able to do MA in one year.
*Now students will not have to do MPhil. Rather, MA students will now be able to do PhD directly.
There will be no board exam in 10th.
*Students will be able to do other courses in between. The gross enrollment ratio in higher education will be 50 percent by 2035. At the same time, under the new education policy, if a student wants to do another course in the middle of a course, then he can do the second course by taking a break from the first course for a limited time.
*Many reforms have also been made in higher education. The reforms include graded academic, administrative and financial autonomy etc. Apart from this, e-courses will be started in regional languages. Virtual Labs will be developed. A National Educational Scientific Forum (NETF) will be started. Please tell that there are 45 thousand colleges in the country.
* There will be same rules for all institutions, government, private, deemed.*
By order :-
(Honorable Education Minister, Government of India)
https://nvshq.org/article/new-national-education-policy-nep-2020/
By: via @AlliesFin Serve Stock Market
Friday, 4 March 2022
@AlliesFin Serve Stock Market's Post
Axis Bank set to acquire Citibank's retail business in India, deal worth $2-$2.5 bn: Sources
https://www.moneycontrol.com/news/business/banks/axis-bank-set-to-acquire-citibanks-retail-business-in-india-deal-worth-2-2-5-bn-sources-8194151.html
By: via @AlliesFin Serve Stock Market
https://www.moneycontrol.com/news/business/banks/axis-bank-set-to-acquire-citibanks-retail-business-in-india-deal-worth-2-2-5-bn-sources-8194151.html
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
#irctc offer revised to 14 per share at #nse #stocklending #alliesfin #hurry
By: via @AlliesFin Serve Stock Market
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
#stocklending offer #irctc Rs 5 per share at nse,
#escorts Rs 120 per share at #nse
offer valid till buyer there.
#alliesfin
By: via @AlliesFin Serve Stock Market
#escorts Rs 120 per share at #nse
offer valid till buyer there.
#alliesfin
By: via @AlliesFin Serve Stock Market
Thursday, 3 March 2022
@AlliesFin Serve Stock Market's Post
• India Feb. Goods Trade Deficit Widens to $21.19 Billion
o Feb. Goods exports rise 22% y/y to $33.8 billion
o Goods imports in Feb. rise 35% y/y to $55 billion
• India Avoids Condemning Putin to Get Weapons for China Fight
• India Asks Students to Leave Kharkiv by 6 p.m. Local Time
• India Seeks Comments on Draft IFSCA Rules for Sustainable Loans
• JSW Steel, Jindal Steel Among Bidders for India Coal Mines
• India’s Fuel Sales Surge More Than 20% in February as Virus Ebbs
• Tea Output in India Seen Back to Pre-Pandemic Level, Monem Says
• Agarwal’s Vedanta Pays Out Dividend for a Third Time This Year
• CCI Cannot Question Court Submissions, Amazon Argues Before NCLAT
• Global Funds Sell Net INR43.4B of India Stocks Wednesday: NSE
o Domestic funds buy net 30.6 billion rupees of stocks,
• Foreign Investors Sell Net INR41.3B of Indian Equities Feb. 28
• Foreigners Sell Net INR52B of India Equity Derivatives Wednesday
• Maharashtra: Cinema halls, restaurants allowed to function at full capacity in 14 districts including Mumbai: PTI
• 6th phase of UP polls on Thursday to decide fate of big-wigs, including Adityanath: PTI
• NMDC (NMDC): Feb. iron ore sales +22% y/y to 3.97m tons; output rose 11.7% y/y to 4.3m tons
• Suzlon Energy (SUEL):Gets 40.5B Rupees Loan From REC-Led Group for Debt Recast
• UPL Ltd. (UPLL): Approves shares buyback proposal of up to INR11b, at price up to 875 rupees/share
• Vedanta (VEDL): To pay 13-rupees/share as mid- year dividend to shareholders; record date March 10
• Wipro (WPRO): Introduces Cloud Car platform for software-defined cars
By: via @AlliesFin Serve Stock Market
o Feb. Goods exports rise 22% y/y to $33.8 billion
o Goods imports in Feb. rise 35% y/y to $55 billion
• India Avoids Condemning Putin to Get Weapons for China Fight
• India Asks Students to Leave Kharkiv by 6 p.m. Local Time
• India Seeks Comments on Draft IFSCA Rules for Sustainable Loans
• JSW Steel, Jindal Steel Among Bidders for India Coal Mines
• India’s Fuel Sales Surge More Than 20% in February as Virus Ebbs
• Tea Output in India Seen Back to Pre-Pandemic Level, Monem Says
• Agarwal’s Vedanta Pays Out Dividend for a Third Time This Year
• CCI Cannot Question Court Submissions, Amazon Argues Before NCLAT
• Global Funds Sell Net INR43.4B of India Stocks Wednesday: NSE
o Domestic funds buy net 30.6 billion rupees of stocks,
• Foreign Investors Sell Net INR41.3B of Indian Equities Feb. 28
• Foreigners Sell Net INR52B of India Equity Derivatives Wednesday
• Maharashtra: Cinema halls, restaurants allowed to function at full capacity in 14 districts including Mumbai: PTI
• 6th phase of UP polls on Thursday to decide fate of big-wigs, including Adityanath: PTI
• NMDC (NMDC): Feb. iron ore sales +22% y/y to 3.97m tons; output rose 11.7% y/y to 4.3m tons
• Suzlon Energy (SUEL):Gets 40.5B Rupees Loan From REC-Led Group for Debt Recast
• UPL Ltd. (UPLL): Approves shares buyback proposal of up to INR11b, at price up to 875 rupees/share
• Vedanta (VEDL): To pay 13-rupees/share as mid- year dividend to shareholders; record date March 10
• Wipro (WPRO): Introduces Cloud Car platform for software-defined cars
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Mahindra Logistics
The company has entered into a pact for acquisition of up to 43,972 equity shares and for subscribing up to 63,200 Series A compulsorily convertible cumulative preference shares of ZipZap Logistics in tranches. The acquisition would result in the company holding, in aggregate, up to 60 percent of share capital of ZipZap Logistics, on a fully diluted basis.
Vipul Organics
The specialty chemicals company has recommended bonus equity shares for its shareholders and employee stock options scheme for its employees in the 50th year of its operations. The company will issue one bonus share for every four shares held by shareholders and also issue 2 lakh options to eligible employees.
Panacea Biotec
The company will sell the pharmaceutical formulations brands of its subsidiary to Mankind Pharma. The total value of the transaction is Rs 1,872 crore.
Vedant Fashions
Ethnic wear brand Manyavar operator clocked 24 percent YoY growth in consolidated profit at Rs 127.8 crore while revenue grew 28 percent YoY to Rs 384.8 crore.
Huhtamaki India
The packaging solutions firm posted a loss of Rs 13.52 crore for the December 2021 quarter against a profit of Rs 5.08 crore in the corresponding period of the last fiscal. But the topline grew nearly 19 percent YoY to Rs 661.6 crore in Q4CY21.
Lemon Tree Hotels
The company has signed a license agreement for 41 room hotel at Mukteshwar, Uttarakhand. The hotel is expected to be operational in July 2022. The hotel is owned by The Alpine Chalet Resort. Its subsidiary Carnation Hotels and the hotel management arm will be operating and marketing of this hotel.
Bharat Electronics
The company and the Ministry of Defence have signed a contract for the retro-modification of Commander Sight of Battle Tanks-T90 for the Indian Army. The total value of the contract is Rs 1,075 crore.
Automobile stocks
Ashok Leyland's total sales in February were up 7 percent YoY while Mahindra and Mahindra's total sales jumped 89 percent on year. Maruti Suzuki India's total sales were largely unchanged as compared to CNBC-TV18's poll estimate and last year's figure, and Tata Motors' total sales were up 27 percent YoY. Total sales for Eicher Motors rose 7 percent on year but tanked nearly 46 percent YoY for Escorts. Others are expected to announce their monthly sales numbers today.
Route Mobile
The company's subsidiary Routesms Solutions has successfully completed the acquisition of MR Messaging. With this, MR Messaging has become a wholly-owned subsidiary of Routesms Solutions and a stepdown subsidiary of Route Mobile
DB Realty
The Supreme Court has allowed the real estate company to develop land in Mumbai. The decision makes freehold 22,000 square meters in a commercial zone in Mumbai available to its subsidiary Esteem Properties for development. The company intends to develop the land into a 2 million square feet (leasable area) Grade A office space over the next three years.
By: via @AlliesFin Serve Stock Market
The company has entered into a pact for acquisition of up to 43,972 equity shares and for subscribing up to 63,200 Series A compulsorily convertible cumulative preference shares of ZipZap Logistics in tranches. The acquisition would result in the company holding, in aggregate, up to 60 percent of share capital of ZipZap Logistics, on a fully diluted basis.
Vipul Organics
The specialty chemicals company has recommended bonus equity shares for its shareholders and employee stock options scheme for its employees in the 50th year of its operations. The company will issue one bonus share for every four shares held by shareholders and also issue 2 lakh options to eligible employees.
Panacea Biotec
The company will sell the pharmaceutical formulations brands of its subsidiary to Mankind Pharma. The total value of the transaction is Rs 1,872 crore.
Vedant Fashions
Ethnic wear brand Manyavar operator clocked 24 percent YoY growth in consolidated profit at Rs 127.8 crore while revenue grew 28 percent YoY to Rs 384.8 crore.
Huhtamaki India
The packaging solutions firm posted a loss of Rs 13.52 crore for the December 2021 quarter against a profit of Rs 5.08 crore in the corresponding period of the last fiscal. But the topline grew nearly 19 percent YoY to Rs 661.6 crore in Q4CY21.
Lemon Tree Hotels
The company has signed a license agreement for 41 room hotel at Mukteshwar, Uttarakhand. The hotel is expected to be operational in July 2022. The hotel is owned by The Alpine Chalet Resort. Its subsidiary Carnation Hotels and the hotel management arm will be operating and marketing of this hotel.
Bharat Electronics
The company and the Ministry of Defence have signed a contract for the retro-modification of Commander Sight of Battle Tanks-T90 for the Indian Army. The total value of the contract is Rs 1,075 crore.
Automobile stocks
Ashok Leyland's total sales in February were up 7 percent YoY while Mahindra and Mahindra's total sales jumped 89 percent on year. Maruti Suzuki India's total sales were largely unchanged as compared to CNBC-TV18's poll estimate and last year's figure, and Tata Motors' total sales were up 27 percent YoY. Total sales for Eicher Motors rose 7 percent on year but tanked nearly 46 percent YoY for Escorts. Others are expected to announce their monthly sales numbers today.
Route Mobile
The company's subsidiary Routesms Solutions has successfully completed the acquisition of MR Messaging. With this, MR Messaging has become a wholly-owned subsidiary of Routesms Solutions and a stepdown subsidiary of Route Mobile
DB Realty
The Supreme Court has allowed the real estate company to develop land in Mumbai. The decision makes freehold 22,000 square meters in a commercial zone in Mumbai available to its subsidiary Esteem Properties for development. The company intends to develop the land into a 2 million square feet (leasable area) Grade A office space over the next three years.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Even so, Carey said it remains difficult to know how to position a portfolio, given uncertainties around how far Putin intends to take his attack on Ukraine. “I think there will be continued volatility like the swings we are seeing in the market, one day to the next.”
President Joe Biden delivered an optimistic State of the Union speech on Tuesday evening, saying that America is “stronger today than we were a year ago,” even as war rages on in Eastern Europe and concerns about inflation linger domestically.
In economic reports, the Fed’s Beige Book survey of economic activity showed modest expansion in the final weeks of last year on continued supply-chain disruptions and labor shortages, but also a pullback in leisure travel due to the omicron variant.
The private sector added 475,000 new jobs in February, payroll processor ADP said — after omicron faded, governments eased pandemic restrictions and the economy perked up. Economists surveyed by The Wall Street Journal had forecast a 400,000 increase.
Which companies were in focus?
• CVS Health Corp. , Walgreens Boots Alliance Inc. and Walmart Inc shares were in focus Wednesday after they said stores will participate in Biden’s test-to-treat COVID-19 program, at no costs. Shares rose 2.3%, 2.5% and 0.1%, respectively.
• Shares of Nordstrom rose Wednesday after the retailer said it earned $1.23 a share on revenue that rose more than 23% to $4.38 billion. Analysts were looking for earnings per share of $1 on revenue of $4.36 billion. Its stock gained almost 38%. Ford Motor Co.’s stock was in focus after it reported U.S. auto sales of 129,273 vehicles, down 20.9% from a year ago. It also said it would split its electric-vehicle unit from its legacy automobile manufacturing, a historic reorganization of the 118-year-old company. Shares advanced 8.4%.
• Shares of electric-vehicle maker Rivian Automotive fell 13.5% after it said it was raising prices to help the startup offset higher costs of production.
• Apple ended 2.1% higher after announcing a product launch for March 8, when it is expected to promote a low-cost version of its popular iPhone with 5G.
• Shares of banking giant Citigroup gained 1.7% as its CEO Jane Fraser outlined a three-phase plan to streamline operations and improve returns. The plan comes one year after Fraser became chief executive of the global institution. Profitability will fall as the bank pursues a strategy shift that will raise expenses in the near term.
• Swedish telecoms giant Ericsson fell more than 9% as it juggles an unpopular acquisition and the fallout from a 2019 investigation which found compliance breaches in the company’s operations in Iraq.
Volume on U.S. exchanges was 13.1 billion shares, compared with a 12.4 billion average for the full session over the last 20 trading days.
Sell-side analysts in the U.S. are getting more nervous about earnings forecasts, with profit revisions turning most negative since May 2020. Downgrades are now outweighing upgrades as the war in Ukraine, rising oil prices and policy tightening may weigh on economic growth.
In Asia, the Shanghai Composite SHCOMP ended 0.1% lower, while the Hang Seng Index HSI closed down 1.8% in Hong Kong and Japan’s Nikkei 225 NIK declined 1.7%.
What to watch this week:
# ECB publishes the account of its February meeting, Thursday
# Eurozone Markit services PMI, PPI, unemployment, Thursday
# U.S. factory orders, initial jobless claims, U.S. durable goods, Thursday
# U.S. unemployment, nonfarm payrolls, Friday
Currencies
# The Bloomberg Dollar Spot Index fell 0.1%
# The euro was little changed at $1.1123
# The British pound rose 0.6% to $1.3403
# The Japanese yen fell 0.5% to 115.54 per dollar
Bonds
# The yield on 10-year Treasuries advanced 17 basis points to 1.90%
# Germany’s 10-year yield advanced 10 basis points to 0.03%
# Britain’s 10-year yield advanced 13 basis points to 1.26%
Commodities
# West Texas Intermediate crude rose 7.5% to $111.20 a barrel
# Gold futures fell 0.8% to $1,929 an ounce
By: via @AlliesFin Serve Stock Market
President Joe Biden delivered an optimistic State of the Union speech on Tuesday evening, saying that America is “stronger today than we were a year ago,” even as war rages on in Eastern Europe and concerns about inflation linger domestically.
In economic reports, the Fed’s Beige Book survey of economic activity showed modest expansion in the final weeks of last year on continued supply-chain disruptions and labor shortages, but also a pullback in leisure travel due to the omicron variant.
The private sector added 475,000 new jobs in February, payroll processor ADP said — after omicron faded, governments eased pandemic restrictions and the economy perked up. Economists surveyed by The Wall Street Journal had forecast a 400,000 increase.
Which companies were in focus?
• CVS Health Corp. , Walgreens Boots Alliance Inc. and Walmart Inc shares were in focus Wednesday after they said stores will participate in Biden’s test-to-treat COVID-19 program, at no costs. Shares rose 2.3%, 2.5% and 0.1%, respectively.
• Shares of Nordstrom rose Wednesday after the retailer said it earned $1.23 a share on revenue that rose more than 23% to $4.38 billion. Analysts were looking for earnings per share of $1 on revenue of $4.36 billion. Its stock gained almost 38%. Ford Motor Co.’s stock was in focus after it reported U.S. auto sales of 129,273 vehicles, down 20.9% from a year ago. It also said it would split its electric-vehicle unit from its legacy automobile manufacturing, a historic reorganization of the 118-year-old company. Shares advanced 8.4%.
• Shares of electric-vehicle maker Rivian Automotive fell 13.5% after it said it was raising prices to help the startup offset higher costs of production.
• Apple ended 2.1% higher after announcing a product launch for March 8, when it is expected to promote a low-cost version of its popular iPhone with 5G.
• Shares of banking giant Citigroup gained 1.7% as its CEO Jane Fraser outlined a three-phase plan to streamline operations and improve returns. The plan comes one year after Fraser became chief executive of the global institution. Profitability will fall as the bank pursues a strategy shift that will raise expenses in the near term.
• Swedish telecoms giant Ericsson fell more than 9% as it juggles an unpopular acquisition and the fallout from a 2019 investigation which found compliance breaches in the company’s operations in Iraq.
Volume on U.S. exchanges was 13.1 billion shares, compared with a 12.4 billion average for the full session over the last 20 trading days.
Sell-side analysts in the U.S. are getting more nervous about earnings forecasts, with profit revisions turning most negative since May 2020. Downgrades are now outweighing upgrades as the war in Ukraine, rising oil prices and policy tightening may weigh on economic growth.
In Asia, the Shanghai Composite SHCOMP ended 0.1% lower, while the Hang Seng Index HSI closed down 1.8% in Hong Kong and Japan’s Nikkei 225 NIK declined 1.7%.
What to watch this week:
# ECB publishes the account of its February meeting, Thursday
# Eurozone Markit services PMI, PPI, unemployment, Thursday
# U.S. factory orders, initial jobless claims, U.S. durable goods, Thursday
# U.S. unemployment, nonfarm payrolls, Friday
Currencies
# The Bloomberg Dollar Spot Index fell 0.1%
# The euro was little changed at $1.1123
# The British pound rose 0.6% to $1.3403
# The Japanese yen fell 0.5% to 115.54 per dollar
Bonds
# The yield on 10-year Treasuries advanced 17 basis points to 1.90%
# Germany’s 10-year yield advanced 10 basis points to 0.03%
# Britain’s 10-year yield advanced 13 basis points to 1.26%
Commodities
# West Texas Intermediate crude rose 7.5% to $111.20 a barrel
# Gold futures fell 0.8% to $1,929 an ounce
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Powell’s testimony “did clarify his and the Fed’s approach to withdrawing stimulus in 2022 amid increased uncertainty from the Russia-Ukraine conflict,”. Powell sees the maximum employment part of his mandate as largely fulfilled.
“With inflation at a multidecade high, the Fed is anxious to get off of a crisis footing,” while also looking to “cool demand enough to get inflation under control, but not choke off the recovery.”
Comments:
# “It is worth pointing out the great stress he placed, again, on being data-driven and nimble. Whereas a few weeks ago, that might have meant a very dynamic approach to inflation, it is quite likely this now means keeping a close eye on the economic growth numbers, said Jeanette Garretty, managing director at Robertson Stephens Wealth Management.
# “In light of the Chair’s testimony, and events so far this week, we retain our monetary policy outlook, which anticipates five 25bp hikes to the policy rate in 2022, starting in March. We continue to expect a plan for (passive) balance-sheet normalization to be announced in May, and to be implemented in June,” said Barclays economists, led by Michael Gapen.
However, St. Louis Fed President James Bullard said the central bank needs to adopt a more aggressive monetary policy stance to combat surging pricing pressures. Bullard, a voting member of the rate-setting Federal Open Market Committee this year, has consistently called for an aggressive approach to monetary tightening.
While his Chicago counterpart Charles Evans said monetary policy is currently “wrong-footed” and needs to be upwardly adjusted toward neutrality.
Comments from monetary policy makers come as investors also watched headlines from the seventh day of conflict in Ukraine that has seen Russian forces step up shelling of civilian areas.
Russia's week-old invasion has yet to achieve its aim of overthrowing Ukraine's government. Ukrainians said they were battling on in the port of Kherson, the first sizeable city Russia claimed to have seized, while air strikes and bombardment caused further devastation in other cities.
Russia’s invasion was denounced by the United Nations General Assembly, underscoring Moscow’s increasing isolation on the global stage, as U.S. authorities weighed restrictions on imports. The Russian military’s advance continued, while Ukraine said it will take part in a second round of talks with Moscow on Thursday. The U.S. will postpone a Minuteman-III intercontinental ballistic missile test planned for this week to show restraint after President Vladimir Putin raised Russia’s nuclear alert level over the weekend, Pentagon spokesman John Kirby said.
Russian forces penetrated Kherson and have surrounded Mariupol, two key cities in the southern part of the country.
Moscow continued to pound Ukraine’s second-largest city, Kharkiv, on Wednesday, with both sides indicating they were ready to resume talks to end the fighting. The U.N. General Assembly voted on Wednesday to condemn Russia’s Ukraine invasion, while calling for an immediate end to the clashes.
Surging energy prices also were in focus, with U.S. crude oil prices +7.73% settling at $110.60 a barrel on the New York Mercantile Exchange, the highest level in about 11 years, according to FactSet data.
The U.S. and other countries in the International Energy Agency agreed on Tuesday to release 60 million barrels of oil from their emergency reserves, to help with any supply shortfall caused by Russia’s invasion of Ukraine. Also, OPEC+, made up of the Organization of the Petroleum Exporting Countries and its allies, including Russia, offered no surprises at its monthly meeting, quickly agreeing to boost production in April by another 400,000 barrels a day.
“Weather is in our favor over the next few weeks,” said John Carey, director of equity income at Amundi US, in a phone interview, of higher energy costs. “It’s still cold, but at a certain point over the next few weeks, the weather will warm up, so it may not be such an acute problem than it would have been a month ago.”
By: via @AlliesFin Serve Stock Market
“With inflation at a multidecade high, the Fed is anxious to get off of a crisis footing,” while also looking to “cool demand enough to get inflation under control, but not choke off the recovery.”
Comments:
# “It is worth pointing out the great stress he placed, again, on being data-driven and nimble. Whereas a few weeks ago, that might have meant a very dynamic approach to inflation, it is quite likely this now means keeping a close eye on the economic growth numbers, said Jeanette Garretty, managing director at Robertson Stephens Wealth Management.
# “In light of the Chair’s testimony, and events so far this week, we retain our monetary policy outlook, which anticipates five 25bp hikes to the policy rate in 2022, starting in March. We continue to expect a plan for (passive) balance-sheet normalization to be announced in May, and to be implemented in June,” said Barclays economists, led by Michael Gapen.
However, St. Louis Fed President James Bullard said the central bank needs to adopt a more aggressive monetary policy stance to combat surging pricing pressures. Bullard, a voting member of the rate-setting Federal Open Market Committee this year, has consistently called for an aggressive approach to monetary tightening.
While his Chicago counterpart Charles Evans said monetary policy is currently “wrong-footed” and needs to be upwardly adjusted toward neutrality.
Comments from monetary policy makers come as investors also watched headlines from the seventh day of conflict in Ukraine that has seen Russian forces step up shelling of civilian areas.
Russia's week-old invasion has yet to achieve its aim of overthrowing Ukraine's government. Ukrainians said they were battling on in the port of Kherson, the first sizeable city Russia claimed to have seized, while air strikes and bombardment caused further devastation in other cities.
Russia’s invasion was denounced by the United Nations General Assembly, underscoring Moscow’s increasing isolation on the global stage, as U.S. authorities weighed restrictions on imports. The Russian military’s advance continued, while Ukraine said it will take part in a second round of talks with Moscow on Thursday. The U.S. will postpone a Minuteman-III intercontinental ballistic missile test planned for this week to show restraint after President Vladimir Putin raised Russia’s nuclear alert level over the weekend, Pentagon spokesman John Kirby said.
Russian forces penetrated Kherson and have surrounded Mariupol, two key cities in the southern part of the country.
Moscow continued to pound Ukraine’s second-largest city, Kharkiv, on Wednesday, with both sides indicating they were ready to resume talks to end the fighting. The U.N. General Assembly voted on Wednesday to condemn Russia’s Ukraine invasion, while calling for an immediate end to the clashes.
Surging energy prices also were in focus, with U.S. crude oil prices +7.73% settling at $110.60 a barrel on the New York Mercantile Exchange, the highest level in about 11 years, according to FactSet data.
The U.S. and other countries in the International Energy Agency agreed on Tuesday to release 60 million barrels of oil from their emergency reserves, to help with any supply shortfall caused by Russia’s invasion of Ukraine. Also, OPEC+, made up of the Organization of the Petroleum Exporting Countries and its allies, including Russia, offered no surprises at its monthly meeting, quickly agreeing to boost production in April by another 400,000 barrels a day.
“Weather is in our favor over the next few weeks,” said John Carey, director of equity income at Amundi US, in a phone interview, of higher energy costs. “It’s still cold, but at a certain point over the next few weeks, the weather will warm up, so it may not be such an acute problem than it would have been a month ago.”
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
US Markets in Detail...
SGX: 16,674: +57: +0.34%
Provisional Cash Rs. In Crs. (2nd Mar)
FIIS : -4,339 (12,972-17,311)
DIIS : +3,062 (10,265-7,203)
In Cricket: Test Series from March 4….Ind vs SL & Pak vs AUS
Please Note: Coronavirus spread has reduced drastically …so for some time will stop sending COVID update. Yet will anyone insist, and if it is majority, would’nt mind continuing…though personally would keep a track on the same on daily basis, and any major increase of cases, shall certainly update on the same.
Germany has yet not normalized showing 198,457 vs 150,565 new cases & S.Korea +219,237 vs 138,993. Hongkong 55,353 vs 32,597.
Sensex: 55,469 (-778) (-1.38%)
Nifty: 16,606 (-188) (-1.12%)
Dow: 33,891: +596: +1.79%
S&P: 4,387: +80: +1.86%
Nas: 13,752: +220: +1.62%
Brazil: 115,174: +2,032: +1.80%
Ftse: 7,430: +99: +1.36%
Dax: 14,000: +95: +0.69%
Cac: 6,498: +102: +1.59%
WTI Oil: $111.52: +8: +7.84%
Brnt: $114.61: +10: +9.18%
Gold: $1,929 (-15) (-0.78%)
Silver: $25.38 (-0.65%)
Copper: $468: +8: +1.75%
Zinc: 3,746: +80: +2.18%
Alluminum: 3,478: +110: +3.25%
Eur-$: 1.1119
GBP-$: 1.3404
Jpy-$: 115.53
Re: 75.7100: +0.49%
US10yr: 1.88%
GIND10YR: 6.814: +0.65%
$ Index: 97.3470 (-0.06%)
Vix: 30.74 (-7.74%)
BalticDry: 2,069: +29: +1.42%
ADR/GDR
Cogni: +2.79%
Infy: +1.94%
Wit: +2.95%
IciciBk: +1.89%
HdfcBk: +1.42%
DrRdy (-2.72%)
TataMo: +3.78%
TatSt: +4.24%
Axis: +6.13%
SBI: +0.96%
RIGD: +3.90%
INDA: +1.60% (IShares MSCI INDIA ETF)
INDY: +1.27% (IShares MSCI INDIA 50 ETF)
EPI: +1.74% (Wisdom Tree India Earning)
PIN: +1.95% (Invesco India Etf)
Dow ends 600 points higher as Powell affirms March rate liftoff, vows to stay nimble as Ukraine crisis unfolds. He said the U.S. economy is expanding with enough force to withstand rate hikes while pledging to be judicious in removing stimulus. Powell's comments, in testimony to the U.S. House of Representatives Financial Services Committee, helped calm investors after Russia's invasion of Ukraine sent markets into a tailspin.
U.S. stock indexes finished sharply higher Wednesday, with gains gathering steam after Federal Reserve Chairman Jerome Powell outlined plans to begin dialing back the central bank’s easy-money stance to fight inflation, while playing down the prospect of a larger-than-usual increase of benchmark rates in March.
Wall Street also monitored headlines indicating Ukraine and Russia could be headed for new negotiations, even as the conflict simmered.
More than 90% of the companies in the S&P 500 advanced, with financial, material and energy shares leading the charge. Two-year Treasury yields surpassed 1.5%, up from as little as 1.26% on Tuesday. Global commodity markets surged to multiyear highs after traders backed away from Russia, sparking anxiety that supply will fall short in everything from wheat to natural gas. Oil topped $110 a barrel, near eight-year highs after Western sanctions disrupted transport of commodities exported by Russia. That’s despite the the International Energy Agency saying Tuesday it will release 60 million barrels of oil from global reserves, in a bid to ease the current supply constraint.
On Tuesday, the Dow fell nearly 600 points, or 1.8%, while the S&P 500 and Nasdaq Composite each slid 1.6%.
What drove the market?
Stocks erased sharp losses from a day earlier after Fed Chairman Powell testified that it would be appropriate for the central bank to raise its benchmark interest rate, currently in a range between 0% and 0.25%, at its meeting in two weeks. Powell said he supported a 25 basis point increase, rather than a larger 50 basis point increase, and would propose such a move when the Fed convenes its two-day meeting mid March.
Fed-fund futures were pricing in a near-zero chance that the Fed would raise interest rates by a half-point in March, a dramatic shift from recent weeks. The 10-year Treasury rate shot higher to 1.862%, marking its biggest daily gain in two years, with the advance for stocks led primarily by the S&P 500’s energy +2.22% and financials +2.55% sectors.
By: via @AlliesFin Serve Stock Market
SGX: 16,674: +57: +0.34%
Provisional Cash Rs. In Crs. (2nd Mar)
FIIS : -4,339 (12,972-17,311)
DIIS : +3,062 (10,265-7,203)
In Cricket: Test Series from March 4….Ind vs SL & Pak vs AUS
Please Note: Coronavirus spread has reduced drastically …so for some time will stop sending COVID update. Yet will anyone insist, and if it is majority, would’nt mind continuing…though personally would keep a track on the same on daily basis, and any major increase of cases, shall certainly update on the same.
Germany has yet not normalized showing 198,457 vs 150,565 new cases & S.Korea +219,237 vs 138,993. Hongkong 55,353 vs 32,597.
Sensex: 55,469 (-778) (-1.38%)
Nifty: 16,606 (-188) (-1.12%)
Dow: 33,891: +596: +1.79%
S&P: 4,387: +80: +1.86%
Nas: 13,752: +220: +1.62%
Brazil: 115,174: +2,032: +1.80%
Ftse: 7,430: +99: +1.36%
Dax: 14,000: +95: +0.69%
Cac: 6,498: +102: +1.59%
WTI Oil: $111.52: +8: +7.84%
Brnt: $114.61: +10: +9.18%
Gold: $1,929 (-15) (-0.78%)
Silver: $25.38 (-0.65%)
Copper: $468: +8: +1.75%
Zinc: 3,746: +80: +2.18%
Alluminum: 3,478: +110: +3.25%
Eur-$: 1.1119
GBP-$: 1.3404
Jpy-$: 115.53
Re: 75.7100: +0.49%
US10yr: 1.88%
GIND10YR: 6.814: +0.65%
$ Index: 97.3470 (-0.06%)
Vix: 30.74 (-7.74%)
BalticDry: 2,069: +29: +1.42%
ADR/GDR
Cogni: +2.79%
Infy: +1.94%
Wit: +2.95%
IciciBk: +1.89%
HdfcBk: +1.42%
DrRdy (-2.72%)
TataMo: +3.78%
TatSt: +4.24%
Axis: +6.13%
SBI: +0.96%
RIGD: +3.90%
INDA: +1.60% (IShares MSCI INDIA ETF)
INDY: +1.27% (IShares MSCI INDIA 50 ETF)
EPI: +1.74% (Wisdom Tree India Earning)
PIN: +1.95% (Invesco India Etf)
Dow ends 600 points higher as Powell affirms March rate liftoff, vows to stay nimble as Ukraine crisis unfolds. He said the U.S. economy is expanding with enough force to withstand rate hikes while pledging to be judicious in removing stimulus. Powell's comments, in testimony to the U.S. House of Representatives Financial Services Committee, helped calm investors after Russia's invasion of Ukraine sent markets into a tailspin.
U.S. stock indexes finished sharply higher Wednesday, with gains gathering steam after Federal Reserve Chairman Jerome Powell outlined plans to begin dialing back the central bank’s easy-money stance to fight inflation, while playing down the prospect of a larger-than-usual increase of benchmark rates in March.
Wall Street also monitored headlines indicating Ukraine and Russia could be headed for new negotiations, even as the conflict simmered.
More than 90% of the companies in the S&P 500 advanced, with financial, material and energy shares leading the charge. Two-year Treasury yields surpassed 1.5%, up from as little as 1.26% on Tuesday. Global commodity markets surged to multiyear highs after traders backed away from Russia, sparking anxiety that supply will fall short in everything from wheat to natural gas. Oil topped $110 a barrel, near eight-year highs after Western sanctions disrupted transport of commodities exported by Russia. That’s despite the the International Energy Agency saying Tuesday it will release 60 million barrels of oil from global reserves, in a bid to ease the current supply constraint.
On Tuesday, the Dow fell nearly 600 points, or 1.8%, while the S&P 500 and Nasdaq Composite each slid 1.6%.
What drove the market?
Stocks erased sharp losses from a day earlier after Fed Chairman Powell testified that it would be appropriate for the central bank to raise its benchmark interest rate, currently in a range between 0% and 0.25%, at its meeting in two weeks. Powell said he supported a 25 basis point increase, rather than a larger 50 basis point increase, and would propose such a move when the Fed convenes its two-day meeting mid March.
Fed-fund futures were pricing in a near-zero chance that the Fed would raise interest rates by a half-point in March, a dramatic shift from recent weeks. The 10-year Treasury rate shot higher to 1.862%, marking its biggest daily gain in two years, with the advance for stocks led primarily by the S&P 500’s energy +2.22% and financials +2.55% sectors.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Dow +596.40 pts ,Nsdq +219.56 pts, S&P
+80.28 pts , Bovespa +2031 pts , Ftse +99 pts , Dax +95 pts , Cac +101 pts , Crude @ $111.91 brl (+1.31), Brent @ $112.93 brl (+0.00) , Gold @ 1932.20(+9.00), Silver @ $25.38 (+0.19), Euro @ $1.1102, JPY @ $115.52, INR @ 75.615
US GOVT. 10-YEAR YIELD : 1.84%
Today's Corporate Action, 03 Mar Ex Date :
ARSHIYA
Spin Off
CONTAINER
Stock Split From Rs.10/- to Rs.5/-
PGFOILQ
E.G.M.
Today's Key Results/Board Meetings, 03-Mar-21 :
ARIHCAPM
Interim Dividend;General;Stock Split
CONTPTR
General
RITCO
General
SIGACHI
General
SEC. IN F&O BAN FOR, 03 Mar, 2022 :
NIL
By: via @AlliesFin Serve Stock Market
+80.28 pts , Bovespa +2031 pts , Ftse +99 pts , Dax +95 pts , Cac +101 pts , Crude @ $111.91 brl (+1.31), Brent @ $112.93 brl (+0.00) , Gold @ 1932.20(+9.00), Silver @ $25.38 (+0.19), Euro @ $1.1102, JPY @ $115.52, INR @ 75.615
US GOVT. 10-YEAR YIELD : 1.84%
Today's Corporate Action, 03 Mar Ex Date :
ARSHIYA
Spin Off
CONTAINER
Stock Split From Rs.10/- to Rs.5/-
PGFOILQ
E.G.M.
Today's Key Results/Board Meetings, 03-Mar-21 :
ARIHCAPM
Interim Dividend;General;Stock Split
CONTPTR
General
RITCO
General
SIGACHI
General
SEC. IN F&O BAN FOR, 03 Mar, 2022 :
NIL
By: via @AlliesFin Serve Stock Market
Subscribe to:
Posts (Atom)