Friday 30 June 2023

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India Daybook Stocks in News

*Tata Communications:* Company to acquire Kaleyra in all cash deal (Positive)

*Reliance:* Jio net adds 30.4 lakh users in April vs 30.5 lakh (MoM) (Positive)

*Zydus Life:* Company gets tentative nod from USFDA for Palbociclib tablets (Positive)

*HDFC Life:* Promoter Housing Development Finance Corporation has acquired 1.66 crore equity shares (Positive)

*Zim Lab:* Company has agreed for strategic investments In Australia and MENA region. (Positive)

*Bajaj Healthcare:* Company announces to sale/disposal of an undertaking/units (Positive)

*Sanghi Cement:* Company has resumed its operations at the Cement Plant of the Company located at Sanghipuram. (Positive)

*Gujarat Gas:* Long-term Rating for Bank Facilities of company has been upgraded to “CARE AAA”/Stable (Positive)

*Krsnaa Diagnostics:* Company as a L1 Bidder for tender issued by National Health Mission, Assam for establishment, operation and maintenance of laboratory diagnostic centres. (Positive)

*Aurobindo Pharma:* Company to restructure its Puerto Rican unit's manufacturing facility. (Positive)

*ICICI Sec:* ICICI Bank approves draft scheme of arrangement for delisting of by issuing 67 shares in exchange of 100 shares of ICICI Sec (Positive)

*RCap:* CoC approves IndusInd International Holdings resolution plan for co, media sources (Positive)

*63 Moons:* MCX Extends Support Services Contract with 63_Moons for another 6 Months starting 1-July (Positive)

*Amruntanjan:* Board to consider Buy-Back Proposal today (Positive)

*HDFC Twins:* FTSE will combine the original HDFC Bank shares, no changes in weights but in September may consider the change. Final Board meet today to consider the merger (Neutral)

*SBI Life:* Board approves re-appointment of Mahesh Kumar Sharma as MD & CEO (Neutral)

*Power Grid:* Board approves 3 investment proposals worth Rs 389 crore. (Neutral)

*Canara Bank:* Board approves raising capital of up to Rs 7,500 crore via debt (Neutral)

*Vodafone Idea:* Lost 29.9 lakh users in April vs loss of 12.1 lakh (MoM). (Neutral)

*BPCL:* Board approves fund raise of up to Rs 18,000 cr via rights issue (Neutral)

*Syrma SGS:* South Asia Growth Fund has sold 13.68 lakh equity shares (Neutral)

*Bikaji Foods:* India 2020 Maharaja Limited has sold 60.55 lakh equity shares (Neutral)

*Bandhan Bank:* Bank triples number of branches to 1,500 in less than 8 years (Neutral)

*Zensar tech:* ICRA Limited has re-affirmed long-term rating with stable outlook (Neutral)

*Navin Fluorine:* Board to consider Fund Raising via QIP/ Public Issue/ Preferential Issue, etc today (Neutral)

*SBI Life:* Board Approves Re-appointment Of Mahesh Kumar Sharma As MD & CEO (Neutral)

*ICRA:* Sushmita Ghatak has resigned as Managing Director & CEO of ICRA Analytics (Neutral)

*Creditaccess Grameen:* Promoter Creditaccess India BV to sell up to 5.8% stake worth ₹1,107 cr in the company via block deal (Neutral)

*ZEE Ent:* The company has withdrawn its EOI filed with the corporate insolvency resolution professional (CIRP) on June 27. (Neutral)

*TD Power:* Promoters Selling 24.2% Stake Via Block Deal
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Dow and S&P closed higher on Thursday. Bank shares led the market higher after major lenders cleared FED's stress test offsetting rate worries over strong economic data. Dow gained 0.80%, S&P added 0.45% but Nasdaq closed near flat line.

USD index and 10 year moved higher after strong economic data raised the chance of rate hikes. US Q1 GDP was revised upwards from 1.3% to 2.00% and jobless claims continued to push lower pushing USD index above 103.35 and 10 year near 3.84%. Cboe vix closed near 13.54.

Crude futures traded upwards after higher than expected US inventory drawdown offset worries over rate hikes. WTI moved near 70, Brent traded above 74.

Indian stocks rallied to record highs on Wednesday on the back of strong FII buying, positive cues from global equity and lower crude prices. Both Sensex and Nifty briefly crossed 64k and 19k respectively on strong show by large caps. Sensex gained 499 points and Nifty 155 points at close.

*Markets may continue to show some gains into life high zone as global equity outlook remains favourable. Participants may continue rotating positions among sectors as stocks may see alternate bouts of buying as well as some profit taking. For July series Q1 results and outcome of FED meeting remain key for a sustainable trend. Investors may continue to consolidate portfolios with long term outlook as markets firmly make a base into life high zone.*

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30.06.2023 : Today's Banking / Financial News at a Glance

Impairments in credit card receivables up in FY23: RBI report : While the overall asset quality for banks has broadly improved during FY23, impairments in credit card receivables have increased, according to the Reserve Bank of India’s (RBI) Financial Stability Report. “While there has been an overall improvement in asset quality in respect of personal loans, impairments in the credit card receivables segment have risen marginally,” the report said, with data showing the highest increase for public sector (PSU) banks. The gross NPA (non-performing assets) ratio of credit card receivables for PSU banks rose to 18 per cent as of March 2023, from around 10 per cent a year ago. In comparison, the gross NPA ratio for private banks was largely stable at 1.9 per cent and for foreign banks at 1.8 per cent against the year-ago period. The gross NPA ratio for commercial banks stood at 2.0 per cent, also largely unchanged from the previous year. - Business Line.

Kotak Bank integrates Rupay Credit Cards with UPI : Kotak Mahindra Bank, in collaboration with National Payments Corporation of India (NPCI), has introduced the facility of linking its RuPay Credit Card to UPI (Unified Payments Interface) apps. Customers are no longer needed to carry their physical credit card. Customers of Kotak Mahindra Bank can transact through UPI apps like Google Pay, PhonePay, and Paytm, following the linkage. They can choose from seven RuPay credit cards and scan QR codes or initiate transaction on POS (Point of Sale) through out the country. - Business Line

Share of large borrowers in gross advances declines for the third successive year: Report : The share of large borrowers in gross advances of scheduled commercial banks (SCBs) declined successively over the past three years, even as retail loans grew faster than borrowings by corporates, according to the Financial Stability Report. The share of large borrowers in SCBs gross advances reduced from 51.1 per cent in March 2020 to 46.4 per cent in March 2023.A large borrower is defined as an entity having aggregate fund-based and non-fund-based exposure of ₹ five crore and above.- Business Line

Jana SFB raises emergency capital at discount to earlier rounds : Jana Small Finance Bank has raised ₹560 crore of capital from a clutch of investors such as Ashish Kacholia, Amansa Holdings, and Enam Holdings. The capital raise was important to salvage the bank’s capital adequacy. According to sources, for the purpose of the fund raise, the bank’s pre money value was considered at ₹1,700 crore. Its FY23 net worth stood at ₹1,504 crore. Extending the Q4 FY23 profitability run-rate, the pre-deal net worth would be around ₹1,600 crore. At these valuations, capital has been raised at a marginal premium to book value, echoing the current sentiments for small finance banks. - Business Line.

Lenders approve Hinduja Group’s ₹9,661-crore resolution plan for RCap : The committee of creditors (CoC) of Reliance Capital has approved the resolution plan put forth by IndusInd International Holding, with 99 per cent lenders voting in favour of the plan, sources told businessline. Hinduja Group had submitted a bid of ₹9,661 crore, all of which will be paid as upfront cash to acquire Reliance Capital and its subsidiaries. This will be in addition to the cash reserve of about ₹400 crore that RCap has generated by way of loan recoveries, among other avenues, a source said. Accordingly, lenders of RCap will receive about ₹10,000 crore against principal outstanding dues of ₹16,000 crore, translating to a recovery of around 65 per cent. Voting on the resolution plan began on June 9 and concluded on Thursday. The plan will now be submitted for approval of the National Company Law Tribunal (NCLT) in 7-10 days, they added. The deadline to file the final resolution plan with NCLT is July 15. Business Line.
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*Stocks in the news:*

*ICICI Securities, ICICI Bank:* ICICI Bank said the board members have approved the draft scheme of arrangement for delisting of equity shares of ICICI Securities. The public shareholders of ICICI Securities will get 67 equity shares of the bank for every 100 shares held by them in ICICI Securities. As a result, ICICI Securities will become a wholly-owned subsidiary of the bank.

*63 Moons Technologies and MCX India:* MCX has decided to extend the support services deal with existing software vendor, 63 Moons Technologies for its trading and clearing platform, for six months with effect from July 1, 2023. The service cost is Rs 125 crore per quarter.

*Tata Communications:* The Tata Group company has entered into an agreement to acquire US-based Kaleyra Inc, for CPaaS business expansion on a global scale. The said acquisition is expected to be completed within 6-9 months and the purchase consideration of $7.25 per share will be in cash only. The aggregate consideration is expected to be around $100 million.

*Canara Bank:* The public sector lender has received board approval for its capital raising plan for FY24 amounting up to Rs 7,500 crore via debt Instruments.

*Zydus Lifesciences:* The pharma company has received tentative approval from the United States Food and Drug Administration (USFDA) for Palbociclib tablets. Palbociclib is used to treat a certain type of breast cancer.

*Bharat Petroleum Corporation:* The oil marketing company has received approval from its board of directors for raising capital up to Rs 18,000 crore. This capital will be raised via an issue of equity shares on a rights issue basis to eligible equity shareholders of the Corporation.

*ICRA:* Sushmita Ghatak has resigned as Managing Director & CEO of ICRA Analytics. The company is in the process of identifying the successor for the said position. ICRA Analytics is a material subsidiary of ICRA.

*HDFC Life:* Promoter company Housing Development Finance Corp (HDFC) has further bought 0.77% stake in its subsidiary HDFC Life through bulk deals on Wednesday.

*Advanced Enzyme Tech:* Promoter entity Advanced Vital Enzymes Pvt Ltd has sold partial stake in Advanced Enzyme Technologies through bulk deals on Wednesday.

*TCS:* Tata Consultancy Services (TCS) has banned six employees and six business associate firms for violating ethical conduct following whistleblower allegations around a recruitment scandal.

*Adani Enterprises:* In a Rs 4,140 crore bulk deal, SB Adani Family Trust sold 1.8 crore shares of Adani Enterprises at Rs 2,300.

*SBI Life:* The Board of SBI Life has approved the re-appointment of Mahesh Kumar Sharma as MD and CEO of the company

*Power Grid:* The Committee of Directors of Power Grid have approved three proposals of investments worth over Rs 300 crore.

*Zee Entertainment:* The company has withdrawn its EOI filed with the corporate insolvency resolution professional (CIRP) on June 27.

*Dalmia Bharat Sugar:* The Board has approved a scheme of arrangement between Dalmia Bharat Sugar (demerged company) and Dalmia Bharat Refractories (resulting company). Under the agreement, 1 equity share of Dalmia Bharat Refractories will be issued to shareholders of Dalmia Bharat Sugar for every 39 shares.
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*SGX Nifty +110 pts (19192) from last trade 19082 ,*


Nikkei -190 pts ,
Hangseng -53 pts ,
Around @ 6.52am .


Dow +269.76 pts ,Nsdq -0.42 pts, S&P +19.58 pts , Bovespa +1701 pts , Ftse -28 pts , Dax -2 pts , Cac +26 pts , Crude @ $69.64 brl (-0.22), Brent @ $74.26 brl (+0.00) , Gold @ 1917.10 (-0.80), Silver @ $22.79 (-0.00), Euro @ $1.0865, JPY @ $144.86, INR @ 82.075




*Today's Corporate Action*
*30th June Ex Date*


 

AEGISLOG
Final Dividend - Rs. - 1.2500
ALUFLUOR
Final Dividend - Rs. - 2.0000
BAJAJ-AUTO
Final Dividend - Rs. - 140.0000
BAJAJFINSV
Final Dividend - Rs. - 0.8000
BAJAJHLDNG
Final Dividend - Rs. - 13.0000
BAJFINANCE
Final Dividend - Rs. - 30.0000
BANDARAM
Right Issue of Equity Shares 
BANKBARODA
Dividend - Rs. - 5.5000
CANFINHOME
Final Dividend - Rs. - 2.0000
DDEVPLASTIK
Bonus issue 1:10  
ESCORTS
Final Dividend - Rs. - 7.0000
GLAXO
Final Dividend - Rs. - 32.0000
GRNLAMIND
Final Dividend - Rs. - 1.5000
HITECHCORP
Final Dividend - Rs. - 1.0000
KUANTUM
Final Dividend - Rs. - 3.0000
MAHSCOOTER
Final Dividend - Rs. - 60.0000
NAM-INDIA
Final Dividend - Rs. - 7.5000
NILKAMAL
Final Dividend - Rs. - 20.0000
SONACOMS
Final Dividend - Rs. - 1.5300
SYNGENE
Special Dividend - Rs. - 0.7500
SYNGENE
Final Dividend - Rs. - 0.5000
VAIBHAVGBL
Final Dividend - Rs. - 1.5000
WELENT
Final Dividend - Rs. - 1.0000



*Today's Board Meetings*
*30-Jun-23*



CEETAIN
Audited Results  
DPL
Audited Results;Quarterly Results
ICSL
General    
INDAGIV
Audited Results  
JCTLTD
Audited Results;Quarterly Results
MUKESHB
A.G.M.    
NIBL
General    
NOVIS
Audited Results  
OBCL
General    
PADALPO
General    
PADMAIND
Reduction of Capital;Scheme of Arrangement
SAGARSYST
A.G.M.    
SAMKRG
General    
SRGHFL
General    
SUPERHOUSE
General    



*Stock under F&O ban on NSE*
*30-Jun-23*



None
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Thursday 29 June 2023

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SEBI - CLEARS NORMS FOR MORE DISCLOSURES FOR OFFSHORE FUNDS || SEBI - OFFSHORE FUNDS WITH OVER 50% OF ASSETS INVESTED IN SINGLE CORPORATE GROUP TO IDENTIFY ALL ITS INVESTORS

SEBI - OFFSHORE FUNDS WITH OVER 250 BLN RUPEES INVESTED IN INDIAN EQUITY MARKETS TO IDENTIFY ALL ITS INVESTORS

SEBI - REDUCES IPO LISTING TIME TO THREE DAYS

SEBI: APPROVES AMENDMENTS TO INFRA INVESTMENT TRUSTS TO PROVIDE NOMINATION RIGHTS TO UNIT HOLDERS WITH 10% OR MORE OF TOTAL OUTSTANDING UNITS

INDIA MARKET REGULATOR CHAIRPERSON BUCH: ADDITIONAL DISCLOSURES FOR OFFSHORE FUNDS IS TO PREVENT VIOLATION OF MINIMUM PUBLIC FLOAT AND TAKEOVER CODE

SEBI OFFICIAL: EXISTING OFFSHORE FUNDS HAVE THREE MONTHS TO COMPLY WITH ADDITIONAL DISCLOSURE REQUIREMENTS

SEBI CHAIRPERSON: WILL COME OUT WITH ANOTHER CONSULTATION PAPER TO STANDARDISE INVESTOR FEES FOR MUTUAL FUNDS
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Wednesday 28 June 2023

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STOCK LENDING OFFER
IDFC 1ST BANK RS 1 PER SHARE.

LEND YOUR STOCK AT NSE AND EARN PASSIVE INCOME ON IDLE STOCK. FOR DETAILS 9869958999
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Nifty 19000+ Mark

Sensex 64000+ Mark

Congratulations to all Wealth Creators ,

Who kept their faith in Indian Economy & Indian Markets

Telegram.me/AlliesFin

Always Remember :
Jo Ghar aaya wo Apna,
Baaki Sab Sapna..
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Tuesday 27 June 2023

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Come July 3rd instead of SGX Nifty now GIFT Nifty will be an early indicator of Indian market opening!!!

Gift Nifty is NSE's IFSC-SGX Connect Nifty Index

SGX Nifty will start trading on NSE IFSC on July 3rd as GIFT NIFTY

What is NSE IFSC
-NSE IFSC Limited is NSE International Exchange in GIFT City in Gujarat
-It is fully owned subsidiary of NSE
-Contracts traded on this exchange are dollar denominated.

Timings-2 sessions
-Morning-6.30am to 3.40pm
-Evening- 4.35pm to 2.45am
nseix.com/markets/tradin

What happens to existing OI of SGX Nifty?
-Entire OI shifts to Gift Nifty
-SGX Nifty OI is $7 billion with daily volumes around $1.5-2 billion

Contracts for Trading
-Nifty, Bank Nifty, Nifty IT and Financial Services derivative contracts will be available for trading
-Trading will be available for both Futures & Options

GIFT City Benefits
-It is a SEZ so attracts some exemptions.
-Exemptions from security transaction tax, commodity transaction tax, dividend distribution tax, capital gain tax waivers and no income tax. Source: NSEIX.Com

Benefits
-Will do away with the time edge FIIs had trading on SGX before Indian markets opened.
-Retail Investors/DIIs now can hedge themselves by taking position with IFSC registered broker.
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*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 27-06-2023 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET BUY : +2814*

*INDEX FUT. : +2860*

*INDEX OPT. : -2055*

*STOCK FUT. : +1328*

*STOCK OPT. : +681*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 27-JUN-2023 :*

*FIIS : BUY +2,024 (10,452-8,428)*

*DIIS : SELL -1,991 (6,784-8,775)*

*BSE SENSEX : +446 (63,416)*

*NSE NIFTY : +126 (18,817)*

*BSE MIDCAP. : +108 (28,376)*

*BSE SMLCAP. : +195 (32,412)*

*B. CRUDE : $ 73.70*

*GOLD: $1915=INR 58,170(10gr)*

*SILVER : RS. 71,800 (kg) (5pm)*

*FOREX : RS. $ 82.03*

*7.26% GOI '33: 7.0611%(101.36)*

*7.26% GOI '32 : 7.0985%(101.06)*

*7.41% GOI '36 : 7.1722% (102.03)*
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NSE scraps plan to shift Nifty Bank F&O expiry to Friday

https://economictimes.indiatimes.com/markets/stocks/news/nse-withdraws-plan-to-shift-nifty-bank-fo-expiry-to-friday/articleshow/101312571.cms
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Sebi approves Tata Technologies IPO, first from Tatas after 19 years

https://economictimes.indiatimes.com/markets/ipos/fpos/sebi-approves-tata-technologies-ipo-first-from-tatas-after-19-years/articleshow/101298818.cms
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*Gift City NSE IFSC* has received approval to trade receipts of 50 US-based stocks. Initially, the exchange will start trading in Alphabet Inc, Amazon Inc, Tesla Inc, Meta, Microsoft, Netflix, Apple and Walmart and eventually the 50 largest US companies will be listed.

Some of the other stocks to list on the Gift city platform for trading include Berkshire Hathaway, Mastercard, JP Morgan Chase, Morgan Stanley, Nike, Paypal, Pepsico, Pfizer, Intel among others.


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INDIA EQUITY CAPITAL MARKET SEGMENT TRADING HOLIDAY CHANGED TO JUNE 29 FROM JUNE 28 - NSE CIRCULAR
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Monday 26 June 2023

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*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 26-06-2023 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET SELL : -8913*

*INDEX FUT. : +262*

*INDEX OPT. : -11719*

*STOCK FUT. : +1947*

*STOCK OPT. : +595*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 26-JUN-2023 :*

*FIIS : SELL -409 (7,896-8,305)*

*DIIS : BUY +250 (5,456-5,206)*

*BSE SENSEX : -09 (62,970)*

*NSE NIFTY : +25 (18,691)*

*BSE MIDCAP. : +291 (28,268)*

*BSE SMLCAP. : +226 (32,217)*

*B. CRUDE : $ 74.48*

*GOLD: $1927=INR 58,590(10gr)*

*SILVER : RS. 71,200 (kg) (5pm)*

*FOREX : RS. $ 82.04*

*7.26% GOI '33: 7.0654%(101.33)*

*7.26% GOI '32 : 7.1030%(101.03)*

*7.41% GOI '36 : 7.1768% (101.99)*
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*Mkt. Updates :*

*SGX Nifty +2 pts (18703) from last trade 18701 ,*

Nikkei -27 pts ,
Hangseng -44 pts ,
Around @ 6.52am .

Dow -219.28 pts ,Nsdq -138.09 pts, S&P -33.56 pts , Bovespa +42 pts , Ftse -40 pts , Dax -158 pts , Cac -39 pts , Crude @ $69.81 brl (+0.65), Brent @ $74.58 brl (+0.73) , Gold @ 1935.80 (+6.35), Silver @ $22.58 (+0.22), Euro @ $1.0904, JPY @ $143.23, INR @ 81.985


*US GOVT. 10-YR YIELD : 3.73%*


*Today's Corporate Action, 26 June Ex Date :*
 
TAPARIA
Final Dividend - Rs. - 77.5000
TATACOMM
Final Dividend - Rs. - 21.0000


*Today's Board Meetings, 26-Jun-23 :*

AFFORDABLE
General    
BAFNAPHARM
General    
CUB
A.G.M.;General  
ESARIND
General    
MAHALXSE
General    
MARG
Audited Results  
MAYURFL
General    
RANDER
Audited Results;General
SBECSYS
Reduction of Capital  
SVRL
General    
TILAK
General
   

*SEC. IN F&O BAN FOR, 26 JUN, 2023 :*

*1. PNB 2. RBLBK 3. L&TFH 4. HINDCOPPER 5. HAL*

*ADDITION : HAL*
*DELETION : BHEL*
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*News Headlines from Business News Agencies:*

*Business Standard*

• India, Egypt elevate ties to 'strategic partnership' during PM Modi's visit
• Lenders set to extend Rs 400 crore to Go First to see it fly again
• Adani Group eyes Rs 90,000 crore EBITDA in next 2-3 years
• Third G20 infra summit meet from Monday with an eye on sustainability
• India to remove retaliatory customs duties on eight US-origin products
• Commuter bike segment sees moderate growth in FY24 as challenges continue
• Paytm can add 15 mn new customers for soundbox devices in next 2-3 years
• SBI to revamp Wealth Management biz, rope in consultant to firm up roadmap
• India to account for 12% of global m-cap by 2075; GDP to surpass US
• Inflation is slowing down personal consumption expenditure: RBI report
• Reserve Bank of India purchased $7.7 billion in April, highest in 2 years
• Drone manufacturing firm ideaForge raises Rs 255 cr from anchor investors

*Economic Times*

• Byju’s assures shareholders, says it will file financial statement by September
• 'Predator' drone deal to bring countries to India's doorstep for MRO services: Ex-defence secy
• India, Bangladesh need to accelerate economic and digital connectivity to optimize bilateral ties
• More than two-thirds of Rs 2,000 notes returned within a month of withdrawal: Das
• PM Modi discusses energy security, economy with Egyptian CEO, oil strategist
• Monsoon hits east Madhya Pradesh, likely to cover entire state by June 29: IMD
• Govt kept same rules for Indian, foreign firms while procuring Covid vaccines: Mandaviya
• World Bank approves USD 255.5 million loan to improve technical education in India
• Will strive to get CPI down to 4 pc; El Nino a challenge for food inflation: Das
• Govt eases policy related to export of certain types of drones, UAVs
• Govt to sell wheat and rice in open market to control prices
• Maharashtra govt advises farmers to hold back kharif sowing

*Mint*

• L&T, UAE co eye ₹4,400 cr NLC project
• REC to provide ₹3,045 cr finance to Bangalore Metro
• Senco Gold to file papers for ₹400 cr IPO: Report
• RattanIndia Power raises fresh loan of ₹1,114 crore led by Kotak Mahindra Bank
• Aditya Birla Launches New Guaranteed Pension Plan
• NTPC issues NCDs of up to ₹12,000 cr via private placement  
• BPCL in talks with Russia's Rosneft to buy oil priced on Dubai benchmark: Report
• Hindustan Aeronautics to consider stock split.
• Government approves wage hike of Coal India's non-executive employees
• India, Japan to recognise AEO schemes
• FPIs extend buying streak in Indian equities, infuse ₹30,664 cr in June so far
• Aramco, TotalEnergies sign contracts for $11 billion petrochemicals facility
• Hinduja Group may raise stake from 17% to 26%, to invest ₹10,000 crore.
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Sunday 25 June 2023

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Today's Headlines from :

*Economic Times*

Egyptian PM receives Modi at Cairo in a show of growing ties

After House panel's push, govt opens doors for used diagnostic devices

Cost overruns declined further in May to 19.86%

IBM in talks to buy software company Apptio for up to $5 billion

Zero-Covid gone, China gets aggressive on auto gear exports

Open agri network Samunnati eyeing over 50 pc growth in revenue at Rs 6,600 cr in FY24

Proptech startup Crib, SaaS-based marketplace, raises Rs 15 cr in seed round

REC to provide Rs 3,045 cr finance to Bangalore Metro

Go First cancels flights till June 28

*Business Standard*

India to account for 12% of global m-cap by 2075; GDP to surpass US

Amazon to invest an additional $15 bn in India over the next 7 years

Banks may finance Go First's request for Rs 400 crore interim funding

Google to set up its global fintech operations centre in Gujarat: Pichai

NHPC to develop 2,000 MW of pumped storage, renewable projects in Odisha

Coal Ministry nod to hike in wage of Coal India non-executive employees

*Financial Express*

Pakistan reviews FY2024 budget as last ditch effort to clinch IMF deal

ECGC sets Rs 10 trn target for exports risk cover in FY24

BPCL to raise Rs 17k cr to fuel net-zero plans

*Mint* t.me/AlliesFin

Massive Wagner convoy turns back as ‘armed rebellion’ threat looms over Putin

IMD sounds ‘orange alert’ as torrential rain leaves Mumbai waterlogged

India, Japan to recognise AEO schemes

FPIs extend buying streak in Indian equities, infuse ₹30,664 cr in June so far

Aramco, TotalEnergies sign contracts for $11 billion petrochemicals facility

Hinduja Group may raise stake from 17% to 26%, to invest ₹10,000 cr: Report

Passport Seva 2.0: Jaishankar announces new, upgraded e-passports

MSME ministry to launch Champions 2.0 portal and app for geo-tagging of cluster projects

Govt launches Gemovac-OM, India’s first Omicron-specific mRNA booster vaccine

Hyundai India begins production of SUV Exter in Tamil Nadu manufacturing unit

Consumer confidence weakens in June: Ipsos.
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Friday 23 June 2023

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"The number of years it takes to *DOUBLE* your money at different return rates.

2% - 36 yrs
4% - 18 yrs
6% - 12 yrs
8% - 9 yrs
10% - 7 yrs
12% - 6 yrs

Proves that *Every %* Point matters.

Axiit @AlliesFin
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Stocks in news

Aether Industries raises Rs 750 crore through QIP issue — Goldman Sachs, SBI MF among key buyers

Wipro: The IT services exporter has expanded its presence in South Africa as it has inaugurated new office in Cape Town

Landmark Cars: Private equity firm TPG Capital is likely to sell 44 lakh equity shares or 11% stake in the automotive retailer via block deal on June 23, reports CNBC-Awaaz quoting sources. The block deal is likely to take place at 0-5% discount to current market price and the deal is launched by ICICI Securities. TPG Growth II SF Pte Ltd holds 11.25% stake or 44.56 lakh shares in the company as of March 2023.

Craftsman Automation: Axis Mutual Fund has bought additional 1.26 lakh shares in auto ancillary company, and Goldman Sachs Funds-Goldman Sachs Asia Equity Portfolio purchased 5.05 lakh shares at an average price of Rs 3,960 per share. However, Srinivasan Murali was the seller, offloading 8 lakh equity shares at same price, which amounted to Rs 316.8 crore.

Sansera Engineering: Foreign venture capital investors CVCIGP II Employee Ebene, and Client Ebene sold Rs 622.34 crore shares or 14.08% stake in the auto component maker via open market transactions. CVCIGP II Employee Ebene offloaded 26.75 lakh shares and Client Ebene 47.77 lakh shares at an average price of Rs 835 per share. As of March 2023, both held 28.16% stake in Sansera.

HDFC
The company divested 9.65% stake in Ruralshores via buyback route. It also soled entire stake in HDFC Property Ventures and HDFC Venture Capital to Vividh Distributors for a consideration of Rs 1.2 crore and Rs 30 lakh respectively. The lender also bought 3.86% stake with 5.13% voting rights in interior designs company Bonito Designs and 914 CCPS of Cognilements (Relata) entitling a stake of 4% to 7%

INFOSYS LTD
Board announced that it has launched a free Artificial Intelligence (AI) certification training on Infosys Springboard. Infosys AI-first specialists and data strategists, responsible for delivering Infosys TopazTM AI-first set of services, solutions and platforms will help shape the curriculum to help learners build future-ready skillsets

Vedanta
Board Clarification on the news article that Vedanta Limited is selling the Sterlite Copper Plant, Thoothukudi. The said media articles are wrong, baseless and incorrect and the same is refuted by the Company

PNB Housing Finance Limited
Board approved approved issuance of Non Convertible Debentures in tranches aggregating up to INR 5,000 Crore

Bhansali Engineering Polymers Limited
Company has through circular resolution fixed Wednesday, 5th July, 2023 as the Record Date for the purpose of ascertaining the shareholders entitled to receive Bonus Shares in the ratio of 2 : 1 i.e. 1 Equity Share of the face value of~ 1/- each for every 2 Equity Shares held as approved by shareholders at the Annual General Meeting held on 19th June,2023.

HBL Power Systems Limited
Board meeting to be held on June 28, 2023 inter-alia to consider a proposal of slump sale of two product lines viz. Power Electronics (PE) and Integrated Power Supplies (IPS) for the railways, to Moebius Power Electronics Private Limited, Hyderabad wherein HBL remain as a shareholder.

Coforge Limited
Company has acquired the Final Tranche Shares of balance 20% equity shares in the M/s Coforge Business Process Solutions Private Limited (Subsidiary) thereby aggregating its shareholding to 80% of the total paid up share capital of Coforge Business Process Solutions Pvt. Ltd.

KPR Mill Ltd
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News Headlines from Business News Agencies:

Business Standard

• GE signs MoU with HAL to make fighter jet engines for Indian Air Force
• India to sign Artemis accord with US for space exploration
• L&T and DRDO sign contract to make AIP modules for Indian Navy submarines
• Fortis to sell Vadapalani hospital operations to Sri Kauvery Medical Care
• Rupee globalisation to spur easier trade with other nations: Ex-RBI dy guv
• Fitch raises India's GDP forecast to 6.3% for current fiscal year
• India, US launch defence acceleration ecosystem Indus-X
• Scotch consumption in India has doubled since 2020
• Carlyle to sell its entire 2.53% stake in logistics firm Delhivery
• Indian banks looking for a bigger stake in digital India via own QR codes
• Telecom regulator to meet OTT cos on action against phishing, spam calls

Economic Times

• Bank of England raises rates by 50 bps to 5%, highest since 2008
• Micron confirms up to $825 million investment in India chip facility
• Star Sports records 124 million viewers for ICC WTC Final match
• Ace Energy Infrastructure installs 3600-meter pipeline across Subansiri river in Assam
• Operational speed of metro trains on Airport Express Line increased to 110 KMPH: DMRC
• India’s office supply likely to touch 1 billion sq ft by 2030: Report
• Airtel, Jio to see robust FCF generation by FY27, helped by lower capex, strong Ebitda growth
• NIIF in talks to raise $244 million for infrastructure
• Prodapt aims to increase penetration in Big Tech space: CEO Harsha Kumar
• Maharashtra govt advises farmers to hold back kharif sowing
• MRVC invites international bids to procure 238 Vande Metro trains for Mumbai's suburban network

Mint

• L&T signs contract with DRDO for AIP systems
• Aditya Birla Sun Life MF cuts stake in Bayer CropScience by 2%
• Monsoon may gain momentum in next 3-4 days: IMD
• Need to improve sovereign debt restructuring process, says Janet Yellen
• Textile companies weaving a bright scenario for H2FY24
• Uber to sack 200 employees from its recruitment division
• Google and other tech companies accuse Microsoft of unfair practices in Cloud
• Zee Entertainment Enterprises settle case with Sebi
• Accenture fourth-quarter revenue forecast below expectations
• SEC Seeks More Disclosure From Smaller Banks in Wake of Failures
• BPCL Board to consider fund raising via rights Issue on June 28
• Gujarat Alkalies starts commercial production of purified phosphoric acid at Dahej Unit.
By: via Telegram.me/AlliesFin #StockMarket #india

Thursday 22 June 2023

Telegram.me/AlliesFin #StockMarket #india's Post

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 22-06-2023 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET BUY : +18877*

*INDEX FUT. : +324*

*INDEX OPT. : +20807*

*STOCK FUT. : -2517*

*STOCK OPT. : +261*

*SEC. IN F&O BAN FOR, 23 JUN, 2023 :*

*1. PNB 2. RBLBK 3. L&TFH 4. HINDCOPPER 5. BHEL*

*ADDITION : RBLBK*
*DELETION : HAL, DELTACORP*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 22-JUN-2023 :*

*FIIS : SELL -693 (8,947-9,640)*

*DIIS : BUY +219 (7,147-6,928)*

*BSE SENSEX : -284 (63,239)*

*NSE NIFTY : -85 (18,772)*

*BSE MIDCAP. : -308 (28,327)*

*BSE SMLCAP. : -207 (32,370)*

*B. CRUDE : $ 75.00*

*GOLD: $1916=INR 58,170(10gr)*

*SILVER : RS. 72,300 (kg) (5pm)*

*FOREX : RS. $ 81.95*

*7.26% GOI '33: 7.0871%(101.18)*

*7.26% GOI '32 : 7.1225%(100.90)*

*7.41% GOI '36 : 7.1921% (101.88)*
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*India Daybook – Stocks in News*

*TCS:* Nest & TCS expand strategic partnership to provide enhanced Member Experience (Positive)

*LTIMindtree:* Company Canvas. ai, an enterprise-ready generative Artificial Intelligence (AI) platform (Positive)

*HDFC AMC:* SBI MF raises stake in HDFC AMC to 6.9% from 2.9% (Positive)

*IDBI:* LIC Mutual Fund set to acquire schemes of IDBI Mutual Fund (Positive)

*Zee Entertainment:* Company settles with SEBI for ₹7 lakh over delayed disclosure to exchanges (Positive)

*Shyam Metalics:* Commissions production capacities at its Jamuria manufacturing facility in West Bengal (Positive)

*Bharat Forge:* Manufacturing GE engines, high-altitude drones opens new tech horizon for India: Bharat Forge CMD (Positive)

*Thyrocare:* Societe Generale has bought 2.96 lakh shares or 0.56 percent equity stake (Positive)

*Sansera Engineering:* Employee Ebene to sell 74.53 lakh shares (14.1% equity) of Rs 627.5 cr in Sansera Engineering: Sources. (Neutral)

*NTPC:* Company to consider raising funds up to 12,000 crore through NCDs. (Neutral)

*Delhivery:* Carlyle Group's unit to sell $86 million stake in Delhivery, says report (Neutral)

*Kalpataru Projects:* Board approves fund raising up to Rs 300 crore via NCDs on a private placement basis (Neutral)

*NMDC:* LIC has offloaded a 2.07 percent stake in the state-run iron ore company (Neutral)

*Glenmark:* US FDA issues a warning letter to Glenmark Pharma's Monroe unit

*Aptus Value:* Madison India Opportunities IV, the private equity fund has sold 80.06 lakh equity shares.

*Kamdhenu Ventures:* Ebene Global Opportunity Fund has sold 1.7 lakh equity shares or 0.54 percent stake
By: via Telegram.me/AlliesFin #StockMarket #india

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*Mkt. Updates :*

*SGX Nifty -27 pts (18873) from last trade 18900 ,*

Nikkei -105 pts ,
Hangseng clsd ,
Around @ 7.02am .

Dow -102.35 pts ,Nsdq -165.09 pts, S&P -23.02 pts , Bovespa +797 pts , Ftse -10 pts , Dax -88 pts , Cac -33 pts , Crude @ $72.50 brl (-0.03), Brent @ $77.12 brl (-0.00) , Gold @ 1943.80 (-1.10), Silver @ $23.73 (-0.00), Euro @ $1.099, JPY @ $141.69, INR @ 81.935


*US GOVT. 10-YR YIELD : 3.73%*


*Today's Corporate Action, 22 June Ex Date :*
 
AKI
Stock  Split From Rs.10/- to Rs.2/-
EMUDHRA
Final Dividend - Rs. - 1.2500
RAINBOW
Final Dividend - Rs. - 3.0000
SOLIMAC
Final Dividend - Rs. - 1.5000
TATAELXSI
Dividend - Rs. - 60.6000
TATASTEEL
Final Dividend - Rs. - 3.6000
VTMLTD
Final Dividend - Rs. - 0.7000


*Today's Board Meetings, 22-Jun-23 :*

ASIL
General        
MAHESH
Audited Results      
MCCHRLS-B
General        
NAGARFERT
Audited Results      
RCCL
Audited Results      
RCF
Audited Results      
SWANENERGY
General        
TRIVENIGQ
General        
UNQTYMI
General;A.G.M.  
   

*SEC. IN F&O BAN FOR, 22 JUN, 2023 :*

*1. PNB 2. HAL 3. DELTACORP 4. L&TFH 5. HINDCOPPER 6. BHEL*

*ADDITION : PNB*
*DELETION : INDIACEM, IBULHSGFIN*
By: via Telegram.me/AlliesFin #StockMarket #india

Wednesday 21 June 2023

Telegram.me/AlliesFin #StockMarket #india's Post

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 21-06-2023 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET SELL : -6673*

*INDEX FUT. : +212*

*INDEX OPT. : -6394*

*STOCK FUT. : -817*

*STOCK OPT. : +326*


*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 21-JUN-2023 :*

*FIIS : BUY +4,013 (13,795-9,782)*

*DIIS : BUY +550 (7,704-7,154)*

*BSE SENSEX : +195 (63,523)*

*NSE NIFTY : +40 (18,857)*

*BSE MIDCAP. : +193 (28,635)*

*BSE SMLCAP. : +79 (32,577)*

*B. CRUDE : $ 75.94*

*GOLD: $1935=INR 58,600(10gr)*

*SILVER : RS. 73,300 (kg) (5pm)*

*FOREX : RS. $ 82.04*

*7.26% GOI '33: 7.0676%(101.3150)*

*7.26% GOI '32 : 7.1012%(101.0424)*

*7.41% GOI '36 : 7.1587% (102.15)*
By: via Telegram.me/AlliesFin #StockMarket #india

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Nifty Cmp 18442
*One should be a bit careful in defence name in the near term as there may be some profit taking*

*Participants may also remain careful in high flying names for next few weeks and shift focus to fresh breakouts as markets may turn a bit volatile in near term*

JST A WORD OF CAUTION.

@ALLIESFIN
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*Corporate Actions*

Dividend

21-Jun-23
PANCARBON: Dividend - Rs. - 12.00
SHREDIGCEM: Final Dividend - Rs. - 2.50
SUPREMEIND: Final Dividend - Rs. - 20.00
POLYCAB: Dividend - Rs. - 20.00
VIMTALABS: Final Dividend - Rs. - 2.00
OBEROIRLTY: Final Dividend - Rs. - 4.00

22-Jun-23
TATASTEEL: Final Dividend - Rs. - 3.60
SOLIMAC: Final Dividend - Rs. - 1.50
VTMLTD: Final Dividend - Rs. - 0.70
TATAELXSI: Dividend - Rs. - 60.60
RAINBOW: Final Dividend - Rs. - 3.00
EMUDHRA: Final Dividend - Rs. - 1.25

23-Jun-23
BNRSEC: Dividend - Rs. - 1.50
GHCL: Final Dividend - Rs. - 17.50
PLASTIBLEN: Final Dividend - Rs. - 4.00
DBOL: Dividend - Rs. - 3.50
SKYIND: Final Dividend - Rs. - 1.00
SKPSEC: Dividend - Rs. - 1.00
PNB: Dividend - Rs. - 0.65
DUTRON: Dividend - Rs. - 1.40
TORNTPHARM: Final Dividend - Rs. - 8.00
DALBHARAT: Final Dividend - Rs. - 5.00
RAYMOND: Final Dividend - Rs. - 3.00
MIL: Final Dividend - Rs. - 0.10

26-Jun-23
TAPARIA: Final Dividend - Rs. - 77.50
TATACOMM: Final Dividend - Rs. - 21.00


IPO
HMA Agro Industries: Open: 20-Jun-23; Close: 23-Jun-23

Buyback
Wipro: Open: 22-Jun-23; Close: 29-Jun-23

Bonus
Indiamart Intermesh: Bonus Issue 1:1; Ex-Date: 21-Jun-23
Gulshan Polyols: Bonus Issue 1:5; Ex-Date: 21-Jun-23
Roto Pumps: Bonus Issue 1:1; Ex-Date: 07-Jul-23

Stock Split
AKI India: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 22-Jun-23

Right Issue
Udaipur Cement: Open: 21-Jun-23; Close: 05-Jul-23
By: via Telegram.me/AlliesFin #StockMarket #india

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*News Headlines from Business News Agencies:*

*Business Standard*

• Google scouts for suppliers to move some Pixel production to India
• IndiGo has flexibility to decide 2035 size, says CEO Pieter Elbers
• Uttar Pradesh's farm exports increase 5% to Rs 19,000 crore in FY23
• Barings PE, ChrysCapital acquire 90% stake in HDFC Credila for Rs 9,060 cr
• Leadership at global institutions like UN needs to be re-evaluated: PM Modi
• Centre planning to stop subsidies of firms found violating FAME-II norms
• Daniel Zhang to step down as Alibaba CEO, Eddie Wu Yongming to succeed him
• LT Foods is eyeing Rs 11.5K-crore revenue in 5 years: CEO Ritesh Arora
• Sebi order 'unjustified and unwarranted', Zee Ent argues before SAT
• Urge farmers to cultivate millets, pulses: FM Nirmala Sitharaman to Nabard
• Foodgrain prices increase up to 15% in 2 weeks due to delays in monsoon
• Pidilite to manufacture Litokol and Tenax products from Italy in India

*Economic Times*

• Spacetech startup Digantara raises $10 million in latest funding
• Carlos Ghosn sues Nissan for $1 bln in Lebanon-lawsuit
• Seven medicines manufactured in India flagged ‘toxic’ by WHO
• Suzuki Motor Company freezes car & bike plants in cash-strapped Pakistan due to import restrictions
• SBI MD Swaminathan Janakiraman appointed as RBI's deputy governor
• IIFL Securities to approach SAT against Sebi order on taking up new clients
• L Catterton pumps $60 million into pet food maker Drools at $600 million valuation
• SpiceJet suspends flights on Puducherry- Bengaluru- Hyderabad route
• Biparjoy Cyclone: LIC announces relaxations for victims of cyclone
• BharatPe appoints Partha Pratim Sengupta as nominee director in Unity Bank
• Hyundai Motor to invest $85 billion by 2032 to accelerate EV plans
• Medtech firm Surgalign files for Chapter 11 bankruptcy

*Mint*

• Airtel partners Matter Motor Works to deploy IoT in Aera e-bikes
• Cement prices likely to dip 1-3% this FY despite healthy demand: Crisil
• Construction material firm Infra.Market to raise $150 mn from Varde Partners
• Delta Corp reappoints Ashish Kapadia as MD for 5 years
• China riding on high demand for Nvidia AI chips
• HDFC Mutual Fund launches its first non-cyclical consumer fund
• Thales in talks with Adani, Reliance for drone management
• Max Life Insurance invests ₹49.5 crore in Capital Small Finance Bank
• Norwegian fund commits equity, guarantees for Enel Green Power’s wind plant
• Intel to invest $25 billion to build factory in Israel
• Hasmukh Adhia, Principal Adviser to Guj CM, appointed as Director & Chmn of Gujarat Mineral Development Corporation
• BEL order intake at Rs 5,900 crore in FY24 till date
By: via Telegram.me/AlliesFin #StockMarket #india

Tuesday 20 June 2023

Telegram.me/AlliesFin #StockMarket #india's Post

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 20-06-2023 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET SELL : -26071*

*INDEX FUT. : +369*

*INDEX OPT. : -26288*

*STOCK FUT. : -326*

*STOCK OPT. : +173*

*SEC. IN F&O BAN FOR, 21 JUN, 2023 :*

*1. IBULHSGFIN 2. HAL 3. INDIACEM 4. DELTACORP 5. L&TFH 6. HINDCOPPER 7. BHEL*

*ADDITION : BHEL, HINDCOPPER*
*DELETION : ZEEL, TATACHEM, MANAPPURAM*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 20-JUN-2023 :*

*FIIS : SELL -1,942 (11,734-13,676)*

*DIIS : BUY +1,972 (9,851-7,879)*

*BSE SENSEX : +159 (63,327)*

*NSE NIFTY : +61 (18,817)*

*BSE MIDCAP. : +133 (28,442)*

*BSE SMLCAP. : +129 (32,498)*

*B. CRUDE : $ 74.80*

*GOLD: $1933=INR 58,6000(10gr)*

*SILVER : RS. 74,300 (kg) (5pm)*

*FOREX : RS. $ 82.12*

*7.26% GOI '33: 7.0583%(101.38)*

*7.26% GOI '32 : 7.0971%(101.07)*

*7.41% GOI '36 : 7.1554% (102.18)*
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India Daybook – Stocks in News

HDFC: Company divests stake in HDFC Credila to Baring PE & ChrysCapital for Rs 9,060 crore (Positive)

Royal Orchid Hotels: Company appoints Philip Logan as Chief Operating Officer (Positive)

Sun Pharma: Acne cream WINLEVI gets Health Canada approval (Positive)

Bharat Agri: Receives Commencement Certificate from Thane Municipal Corp for a residential project (Positive)

FMCG Stocks: India reduces basic import duty on refined soyabean, sunflower oils by 5% (Positive)

ITI: Company signs MoU with TCIL & CDOT to synergise R&D initiatives in telecommunications (Positive)

HPCL: Company bags long-term contract from OPaL to supply 13.53 trillion Btu of Natural Gas (Positive)

InterGlobe Aviation: The low-cost airline has placed an order for 500 Airbus A320 Family aircraft. (Positive)

3i Infotech: Bags An Order Worth Rs 42.6 Cr Fm Indian Pvt Sector Bank (Positive)

Can Fin Homes: Board approves raising funds up to Rs 4,000 cr via Debt instruments. (Neutral)

Aurionpro: Consider Fund Raising by way of Shares or Warrants. (Neutral)

Shriram Finance: TPG India Investments II Inc has sold its entire shareholding of 99.18 lakh shares (Neutral)

Ami Organics: High networth individual Girishkumar Limbabhai Chovatia has sold 3.6 lakh shares in the company (Neutral)

Aether Industries: Company launches QIP to raise Rs 750 cr, sets floor price at Rs 936/share (Neutral)

Timken: Holder to sell 63 lk shares in company worth $231 million at a floor price of Rs 3,000/share: Sources

HDFC AMC: Abrdn to sell 2.18 cr shares (10.2% equity) in HDFC AMC via BlockDeals: Sources

Tega Industries: Promoters have offloaded a total of 4.1 percent stake in the company
By: via Telegram.me/AlliesFin #StockMarket #india

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*SGX Nifty -5 pts (18835) from last trade 18840 ,*


Nikkei +84 pts ,
Hangseng -49 pts ,
Around @ 7.00am .


US Mkt Clsd , Bovespa -462 pts , Ftse -54 pts , Dax -156 pts , Cac -74 pts , Crude @ $71.29 brl (-0.49), Brent @ $76.09 brl (-0.00) , Gold @ 1963.30 (-7.90), Silver @ $24.055 (-0.07), Euro @ $1.092, JPY @ $141.95, INR @ 81.915




*Today's Corporate Action*
*20th June Ex Date*


 

BANKINDIA
Dividend - Rs. - 2.0000
BLUESTARCO
Bonus issue 1:1
CEATLTD
Final Dividend - Rs. - 12.0000
CERA
Dividend - Rs. - 50.0000
DREDGECORP
E.G.M. 
MFL
Final Dividend - Rs. - 2.5000
MOL
Final Dividend - Rs. - 1.4000
NEWGEN
Final Dividend - Rs. - 5.0000
SAGCEM
Final Dividend - Rs. - 0.7000



*Today's Board Meetings*
*20-Jun-23*




AREYDRG
Preferential Issue of shares    
ASWTR
General;Preferential Issue of shares  
AURIONPRO
Preferential Issue of shares;Issue Of Warrants
LESHAIND
General        
MANAPPURAM
General        
MKEXIM
General        
QGO
General        
SATIN
General        
SECURCRED
General        
ZBINTXPP
General        
ZHINUDYP
General




*Stock under F&O ban on NSE*
*20-Jun-23*




1 DELTACORP
2 HAL
3 IBULHSGFIN
4 INDIACEM
5 L&TFH
6 MANAPPURAM
7 TATACHEM
8 ZEEL
By: via Telegram.me/AlliesFin #StockMarket #india

Monday 19 June 2023

Telegram.me/AlliesFin #StockMarket #india's Post

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 19-06-2023 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET BUY : +543*

*INDEX FUT. : -1324*

*INDEX OPT. : +4100*

*STOCK FUT. : -1882*

*STOCK OPT. : -350*

*SEC. IN F&O BAN FOR, 20 JUN, 2023 :*

*1. IBULHSGFIN 2. HAL 3. INDIACEM 4. DELTACORP 5. L&TFH 6. MANAPPURAM 7. TATACHEM 8. ZEEL*

*ADDITION : HAL*
*DELETION : IEX*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 19-JUN-2023 :*

*FIIS : SELL -1,031 (8,355-9,386)*

*DIIS : SELL -365 (6,412-6,777)*

*BSE SENSEX : -216 (63,168)*

*NSE NIFTY : -70 (18,756)*

*BSE MIDCAP. : -22 (28,309)*

*BSE SMLCAP. : +77 (32,369)*

*B. CRUDE : $ 76.49*

*GOLD: $1953=INR 59,300(10gr)*

*SILVER : RS. 73,800 (kg) (5pm)*

*FOREX : RS. $ 81.94*

*7.26% GOI '33: 7.0605%(101.3650)*

*7.26% GOI '32 : 7.1001%(101.05)*

*7.41% GOI '36 : 7.1543% (102.19)*
By: via Telegram.me/AlliesFin #StockMarket #india

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*India Daybook – Stocks in News*

*HAL:* GE-HAL deal to pave the way for 80% transfer of technology of jet engines by value: media (Positive)

*HDFC Bank:* Reserve Bank of allows the bank to hold Commercial Papers issued by HDFC Limited till their maturity (Positive)

*Gufic Biosciences:* Company gets National Medical Products Administration, China approval for Prilocaine (Positive)

*Axis cades:* Company to acquire GmBH, Germany (Positive)

*Castrol:* Company announces alliance with Mahindra Insurance Brokers (Positive)

*Steel companies:* India mulls imposing countervailing duty to check dumping of steel products (Positive)

*Skipper:* Company wins fresh orders worth Rs.1135 Crores from Domestic & International Market’ (Positive)

*ABB:* Kanpur Metro deploys ABB India’s Electrification solutions for reliable power control and distribution (Positive)

*Wipro:* Expands its Immersive Innovation Experiences with the Launch of Energy and Utilities with Microsoft (Positive)

*JBM Auto:* Company is top contender to acquire controlling stake in SML Isuzu: media. (Positive)

*TVS Shrichakra:* TVS Eurogrip Tyres makes a mark at Latin Tyre & Auto Parts Expo in Panama (Positive)

*Electronics Mart India:* Company has commenced the commercial operation of a new Exclusive Brand Outlet (Positive)

*Dr Reddy:* USFDA completed a GMP inspection at API manufacturing facility in Bollaram, Hyderabad (Positive)

*IKIO Lighting:* Quant Mutual Fund via Quant Quantamental Fund has acquired 6.01 lakh shares and Quant Multi Asset Fund bought 6.02 lakh shares. (Positive)

*IIFL Finance:* DSP Mutual Fund has bought 50 lakh equity shares. (Neutral)

*Kalpataru Projects:* Board to consider raising funds via NCDs. (Neutral)

*PNB Housing Finance:* Board to consider raising funds worth Rs 5,000 cr (Neutral)

*Axis Bank:* Board appoints NS Vishwanathan as Non-Executive (Part-time) Chairman for 3 years (Neutral)

*Bharti Airtel:* Company mulls offshore bond issue to raise $1 bn. (Neutral)

*PFC:* Incorporation of a Special Purpose Vehicle {SPY} for development of Independent Transmission Projects. (Neutral)

*Tata Steel:* Company plans Rs 16,000 crore consolidated capex in FY24 (Neutral)

*Oil upstream companies:* Windfall Tax on petroleum crude, ATF, Diesel, Petrol continues to be nil (Neutral)

*Adani Enterprises:* Subsidiary has signed a Share Purchase Agreement for proposed acquisition of 100 percent stake in Stark Enterprises (Neutral)

*Kalyan Jewellers:* Highdell Investment, owned by private equity firm Warburg Pincus, has sold partial stake in company through open market transactions (Neutral)

*Aavas Financiers:* Foreign portfolio investor Small Cap World Fund Inc has offloaded 7.08 lakh equity shares
By: via Telegram.me/AlliesFin #StockMarket #india

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*Mkt. Updates :*

*SGX Nifty +2 pts (18895) from last trade 18893 ,*

Nikkei -75 pts ,
Hangseng -57 pts ,
Now @6.53am .

Dow -108.94 pts ,Nsdq -93.25 pts, S&P -16.25 pts , Bovespa -462 pts , Ftse +14 pts , Dax +67 pts , Cac +97 pts , Crude @ $71.26 brl (-0.52), Brent @ $76.09 brl (-0.52) , Gold @ 1969.00 (-2.20), Silver @ $24.185 (+0.05), Euro @ $1.0938, JPY @ $141.87, INR @ 81.915


*US GOVT. 10-YR YIELD : 3.77%*


*Today's Corporate Action, 19 June Ex Date :*

ACGL
Final Dividend - Rs. - 15.0000
ASHCAP
Bonus issue 1:2
CRAFTSMAN
Final Dividend - Rs. - 11.2500
FUTSOL
Final Dividend - Rs. - 1.0000
HINDUNILVR
Final Dividend - Rs. - 22.0000
VINCOFE
Right Issue of Equity Shares 


*Today's Board Meetings, 19-Jun-23 :*

CANFINHOME
General        
CUBEXTUB
General        
DLCL
Audited Results      
EASTWEST
General        
GAL
Audited Results;General    
GANESHBE
General        
KUMPFIN
A.G.M.        
NINSYS
Bonus issue;Increase in Authorised Capital  
PARSVNATH
Audited Results;Dividend    
REGENTRP
General        
ROSEMER
General;Preferential Issue of shares;Issue Of Warrants
SHIVAEXPO
Audited Results      
SPAR
General        
ZGOLDINV
Audited Results;General  


*SEC. IN F&O BAN FOR, 19 JUN, 2023 :*

*1. IBULHSGFIN 2. IEX 3. INDIACEM 4. DELTACORP 5. L&TFH 6. MANAPPURAM 7. TATACHEM 8. ZEEL*

*ADDITION : NIL*
*DELETION : BHEL*
By: via Telegram.me/AlliesFin #StockMarket #india

Saturday 17 June 2023

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Traders look at *Price,*
Investors look at *Value..*

Traders watch *CNBC,*
Investors *Read Books..*

Traders Watch Minutely *Charts,*
Investors chill out on *Beaches..*

Traders make *Brokers* Rich,
Investors make *themselves* Rich..

Traders *average* on *Downside,*
Investors average on *Upside..*

Traders look at *10%* Profit,
Investors look at *10x* Profits..

Trading is a *Maths,*
Investing is an *Art..*

Traders ride on *Tips,*
Investors ride on *Research..*

Traders are always in *Hurry,*
Investors are always *Cool..*
By: via Telegram.me/AlliesFin #StockMarket #india

Friday 16 June 2023

Telegram.me/AlliesFin #StockMarket #india's Post

Enhanced Surveillance Measure applicable for companies having a market cap less than 500 crs.

ESM-1- Stock moves into this category if the price movement is more than
30% in 1 month
100% in 6 months
150% in 12 months

ESM-2- When ESM-1 stock moves more than
15% in 5 days
30% in a month

ESM-2 stocks will trade only on Monday in periodic call auction with a 2% circuit.

ESM-2 stock will spend 1 month there and will come out of ESM-2 and move to ESM-1 if close-to-close price variation is less than <= 8%.
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Thursday 15 June 2023

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https://twitter.com/A1Gurukulam/status/1669281353278582784?s=35
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*Business News Headlines*

*Economic Times*
Ø PNB, LIC, SBI & BOB look to seek bids for UTI AMC stake
Ø Fed pause interest rate hikes but signals more tightening to come
Ø May WPI inflation falls to over 7-yr low of -3.48%
Ø Corporate dollar inflows boost ₹
to 1-month high
Ø Biparjoy landfall today, 50,000 evacuated in Guj
Ø Voda, Hutchison merge to create UK’s largest telco
Ø Govt's call for fuel price cut may eat into OMCs’ margins

*Business Standard*
Ø GST audit of 50,000 new cases in FY24, says CBIC chairman
Ø M&M, Hinduja join race to buy MG Motor India stake
Ø Lenovo to invest $1 bn in 3 yrs
to advance AI infra solutions
Ø Housing prices surge up to 59%
on high demand
Ø 30% localisation: Tough road for Apple
Ø Renault eyes next million cars
by ’30 on EV push, new models
Ø India oil demand growth to cross China’s by 2027: IEA

*Financial Express*
Ø Big tech firms need more Govt sights
Ø FY24 windfall tax kitty may fall amid softer crude prices
Ø Volvo Cars India to electrify before parent’s 2030 goal
Ø EU weighs decision on Google ad biz breakup
Ø NBFCs may see higher cost of
funds as bonds mature: CLSA
Ø Oberoi Realty’s fortune hinges on timely launches, new plots
Ø Working to help India attract
private capital, says Yellen

*Mint*
Ø Coastal Gujarat, Pak brace for floods as Biparjoy nears
Ø reachWPI contracts for second month as energy prices cool
Ø Seafood exports rise 4.31% to
$8 billion in 2022-23
Ø BSE sells 4.5% stake in CDSL for ₹468 crore
Ø Zurich Insurance eyes 51% of
Kotak’s general insurance arm
Ø Sterling Accuris buys Gujarat
pathology network VIP Lab
Ø Telecom sector pines for tariff call

*Business Line*
Ø At 2.59 lakh, 2­w exports hit 5­ month high in May  
Ø Zurich Insurance Group eyes
$400 ­mn stake in Kotak arm
Ø Modi’s US visit: Yoga, bilateral  talks, CEO meet, defence deals on  agenda Ø Tata Realty turns to commercial
projects on weak home sales
Ø India, China account for 80% of  Russia’s crude oil exports in May 
Ø Need to reduce gaps in emerging  clean energy technologies Oil  Minister
Ø Bernstein bullish on Reliance,
sets a price target of ₹3,040      
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Wednesday 14 June 2023

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*Eco Update::*

*US- Interest Rate Decision*

Act: 5.25% vs Exp: 5.25% vs Prv: 5.25%

*Data is inline with the expectations.*

Source: Reuters.
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*Global bits*

Nikkei hits fresh 33-yr high ahead of BOJ policy meeting

China, Hong Kong shares open higher after policy rate cut

Euro, sterling hover close to multi-week highs

U.S. short-term yields slip after hitting 3-mth top

Toronto market climbs to one-week high as U.S. inflation eases

UK's FTSE 100 gains as miners strengthen, offsetting services weakness

Gulf bourses gain on rising oil prices, Fed rate pause optimism

China's new bank loans picked up in May from the previous month, as the central bank kept policy accommodative to support the economy, but signs of slowing momentum have raised expectations that more stimulus may be needed to sustain the recovery.

Tyson Foods to lay off 228 employees near Chicago who decline move to Arkansas

Exclusive: SoftBank prepares new round of layoffs at Vision Fund

Wells Fargo CFO expects upside in net interest income

U.S. Bancorp CEO says economy heading for "moderate" recession

Dollar skids to three-week low as modest US inflation data reinforces Fed pause view

API shows U.S. crude, fuel stocks rose last week

Oil prices climbed over 3% on Tuesday on hopes for growing fuel demand after China's central bank lowered a short-term lending rate for the first time in 10 months

OMV Petrom makes largest crude oil discovery in decades

IKEA is training call centre workers to become interior design advisers as the Swedish furniture giant aims to offer more home improvement services and hand run-of-the-mill customer queries to an artificial intelligence bot called Billie.

New Zealand's economy likely in recession as rate hikes take hold

HSBC to close New Zealand wealth and personal banking business

S.Korea's jobless rate falls to record low, factory sector still shaky

Investors may exit consumer goods firms over EU deforestation law

Domino's Pizza to shut 27 stores in Denmark, Australian arm

Fed still waiting on a core services price crash

German investor morale improves but challenges remain – ZEW

BoE's Bailey says data show labour market 'very tight'

Bank of England's Dhingra says effect of rate rises will be slow

Surprise UK wage jump raises likelihood of higher interest rates

Analysts bet bumper Turkish rate hikes on the way

Nigerian banking stocks rise 8% after central bank governor suspended

Finnair raises profit outlook on higher travel demand

US small business sentiment edges up in May, NFIB says

Indian shares rose as easing inflation boosts gains

Oracle beats quarterly revenue estimates on cloud services demand

BlackRock on Tuesday launched the "Brown to Green Materials Fund" targeting undervalued carbon-intensive companies that produce the raw materials and products driving the energy transition.

Source: Reuters
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*India Daybook – Stocks in News*

*Anupam Rasayan:* Signs Letter of Intent Worth $ 265 Million or Rs 2186 Cr with Japanese Speciality Chemical Company (Positive)

*Zydus Life:* The USFDA good manufacturing practice inspection concluded with nil observations (Positive)

*Infosys:* Belgium’s Keytrade Bank Selects Infosys Finacle Suite for Core Banking Transformation (Positive)

*3i Infotech:* Arm NuRe FutureTech Signs MoU with SRM Valliammai Eng College, Chennai (Positive)

*LTIM:* Joins Microsoft Intelligent Security Association (MISA) (Positive)

*Zee Entertainment:* Investment entity Plutus Wealth Management LLP has bought 75 lakh equity shares (Positive)

*Capacite Infraprojects:* Societe Generale has bought 24.17 lakh equity shares or a 3.5 percent stake in the company (Positive)

*KEC International:* The company has bagged new orders worth Rs 1,373 crore (Positive)

*Dhampur Sugar:* Company has completed expansion of its grain-based distillery capacity of 100 KLPD (Positive)

*Greaves:* Promoter has bought 1.15 lakh shares in the company (Positive)

*Pricol:* Promoter has bought 7.1 lakh shares in the company (Positive)

*LIC Housing:* Ashwani Ghai Resigns As Whole Time Director & CEO w.e.f. June 13, 2023 (Neutral)

*ONGC:* ONGC Petro additions plans on 3-year bond sale, as per sources Neutral)

*Tata Steel:* 19 persons injured after mishap at Tata Steel plant in Dhenkanal, Odisha (Neutral)

*Kotak Mahindra Bank:* The Board of Directors will meet on June 16 to consider raising funds (Neutral)

*Reliance:* NCLT approves withdrawal of scheme of amalgamation of Reliance Green Energy with Reliance Industries (Neutral)

*Tata Chemicals and Canara Bank:* The companies will go ex-dividend today (Neutral)

*Zomato:* Zomato Australia Pty Limited, a Australia-based step down subsidiary of the company has been deregistered (Neutral)

*Nazara:* Europe-based financial services group Societe Generale has sold 4 lakh shares or a 0.6 percent stake

*Fiem Industries:* A fire incident occurred in one building of unit-7 at the Sonipat plant in Haryana.

*Tata Chemicals:* Company downward revised Soda Ash prices by Rs 2,300 per metric tonne
By: via Telegram.me/AlliesFin #StockMarket #india

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*SGX Nifty +50 pts (18825) from last trade 18775 ,*


Nikkei +284 pts ,
Hangseng +26 pts ,
Around @ 6.52am .



Dow +145.79 pts ,Nsdq +111.40 pts, S&P +30.08 pts , Bovespa -593 pts , Ftse +24 pts , Dax +132 pts , Cac +40 pts , Crude @ $69.15 brl (-0.27), Brent @ $74.29 brl (-0.00) , Gold @ 1956.40 (-2.20), Silver @ $23.75 (-0.07), Euro @ $1.0778, JPY @ $140.17, INR @ 82.235




*Today's Corporate Action*
*14th June Ex Date*


 

CANBK
Dividend - Rs. - 12.0000
SHANKARA
Final Dividend - Rs. - 2.5000
TATACHEM
Final Dividend - Rs. - 17.5000
UDAICEMENT
Right Issue of Equity Shares 
15-Jun-23      
DCBBANK
Final Dividend - Rs. - 1.2500
DJML
Final Dividend - Rs. - 0.1500
TCS
Final Dividend - Rs. - 24.0000
VAKRANGEE
Spin Off     
VBL
Stock  Split From Rs.10/- to Rs.5/-
VISAKAIND
Final Dividend - Rs. - 0.6000





*Today's Board Meetings*
*14-Jun-23*





BLUECLOUDS
General                
HRMNYCP
General                
INDAGIV
Audited Results              
INDRANIB
Audited Results              
INDRENEW
Right Issue of Equity Shares            
RAWEDGE
General                
VTMLTD
General          


*Stock under F&O ban on NSE*
*14-Jun-23*




1 BHEL

2 DELTACORP

3 IBULHSGFIN

4 IEX

5 INDIACEM

6 MANAPPURAM

Join Telegram @AlliesFin
By: via Telegram.me/AlliesFin #StockMarket #india

Tuesday 13 June 2023

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#MRF CROSSES 1 0 0 0 0 0 MARK
#equity #alliesfin #milestone #stocktowatch
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*SGX Nifty +42 pts (18732) from last trade 18690 ,*


Nikkei +372 pts ,
Hangseng -49 pts ,
Now @6.52am .


Dow +189.55 pts ,Nsdq +202.78 pts, S&P +40.07 pts , Bovespa +316 pts , Ftse +8 pts , Dax +148 pts , Cac +37 pts , Crude @ $67.34 brl (+0.22), Brent @ $71.84 brl (-0.29) , Gold @ 1974.40 (+4.70), Silver @ $24.175 (+0.11), Euro @ $1.0762, JPY @ $139.43, INR @ 82.395




*Today's Corporate Action*
*13th June Ex Date*


 
DIAMINESQ
Final Dividend - Rs. - 3.0000
JINDALSAW
Final Dividend - Rs. - 3.0000
LKPFIN
Final Dividend - Rs. - 1.0000
LKPSEC
Final Dividend - Rs. - 0.1000



*Today's Board Meetings*
*13-Jun-23*



FOODSIN
General                
MADHAVIPL
Audited Results              
NUTRICIRCLE
General                
SALEM
A.G.M.;General              
SANINFRA
General                
SECURCRED
General                
SPMLINFRA
Audited Results;Quarterly Results        
SRESTHA
Increase in Authorised Capital;General     
VIDLI
General




*Stock under F&O ban on NSE*
*13-Jun-23*



1DELTACORP

2 IBULHSGFIN

3 IEX

4 INDIACEM
By: via Telegram.me/AlliesFin #StockMarket #india

Monday 12 June 2023

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INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 12-06-2023 :

FIIS F & O : RS. CRS. :

TOTAL NET BUY : +830

INDEX FUT. : +968

INDEX OPT. : -282

STOCK FUT. : +524

STOCK OPT. : -380

SEC. IN F&O BAN FOR, 13 JUN, 2023 :

1. IBULHSGFIN 2. IEX 3. INDIACEM 4. DELTACORP

ADDITION : DELTACORP
DELETION : NIL

INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 12-JUN-2023 :

FIIS : SELL -626 (6,322-6,948)

DIIS : BUY +1,794 (6,664-4,870)

BSE SENSEX : +99 (62,725)

NSE NIFTY : +38 (18,601)

BSE MIDCAP. : +149 (27,667)

BSE SMLCAP. : +225 (31,617)

B. CRUDE : $ 72.28

GOLD: $1951=INR 59,360(10gr)

SILVER : RS. 74,600 (kg) (5pm)

FOREX : RS. $ 82.43

7.26% GOI '33: 7.0184%(101.66)

7.26% GOI '32 : 7.0572%(101.34)

7.41% GOI '36 : 7.1107% (102.57)
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WHO BENEFITED FROM ADANI HIT JOB ?

PART 1 https://www.youtube.com/watch?v=4wL-pi7l9Ik

PART 2 https://www.youtube.com/watch?v=_oXW_lLV6to
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Global bits

MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.17%. The index is up 4% for the month. Japan's Nikkei rose 0.7%, while E-mini futures for the S&P 500 rose 0.15%.

European shares slip as central-bank meetings loom, Croda falls on profit warning

The BOJ is expected to maintain ultra-loose monetary policy this week and its forecast for a moderate economic recovery, as robust corporate and household spending cushion the blow from slowing overseas demand, sources told Reuters.

Elsewhere, the Turkish lira slid to another all-time low of 23.77 per dollar.

U.S. crude eased 0.34% to $69.93 per barrel and Brent was at $74.49, down 0.4% on the day. Both benchmarks notched their second straight weekly decline last week as disappointing China economic data raised concerns about demand growth in the world's largest crude importer.

Iraq approves record $153 bln budget including big public hiring

Major Gulf bourses end lower on falling oil prices

Dollar steady, with Fed pause eyed in busy c.bank week

South Korea sea salt demand grows ahead of Japan's Fukushima contaminated water release

Nigeria's President Tinubu suspends central bank governor

TSX adds to weekly decline as economy sheds jobs

Tesla jumps as GM deal makes its charging network closer to US standard. S&P and NASDAQ at 2023 highs.

Several Chinese lenders cut yuan deposit rates from Monday

Japan's wholesale inflation eases, goods close to consumers continue to rise

French shoppers should pay less for their food from next month, Finance Minister Bruno Le Maire said on Friday, after he secured a pledge from 75 food companies including Unilever to cut prices on hundreds of products.

The companies, which together make 80% of what the French eat, could face financial sanctions if they don't follow through, Le Maire said.

UK housing market strains grow as mortgage rates creep higher

Billionaire George Soros hands control of empire to son Alex

UK must seize opportunities of AI to remain a tech capital, Sunak says

Sri Lanka lifts import limits on 286 items as crisis eases

China's central bank upbeat on Q2 GDP growth, confident on 2023 targets

China's factory deflation steepens as demand wanes

Chinese investors flock to Riyadh conference seeking new markets, capital

China mutual fund sales dry up amid market gloom

Swiss National Bank Chairman hints at rate rises to tackle inflation

Australia recession risk heightens after RBA warns of bumpy path to low inflation

Russian central bank gives most hawkish signal this year as it holds rates

U.S. equity funds post biggest weekly outflow in 10 weeks

Source: Reuters
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india Daybook – Stocks in News

Power Stocks: India's daily peak power demand touches a new high of 222.9 gigawatts. (Positive)

SBI Life Insurance: May premium up 58% (YoY); Retail APE up 8% (YoY) (Positive)

HDFC Life Insurance: May premium up 26% (YoY); Retail APE up 10% (YoY) (Positive)

IndiGo: Company expands codeshare partnership with Turkish Airlines for US (Positive)

Indoco Remedies: Company receives EU GMP certification for its Himachal Pradesh manufacturing facility (Positive)

Greenlam Industries: Commences commercial production at TN plant (Positive)

Cochin Shipyard: Company receives order for MR/Mid-Life upgrade of Indian Naval Ship (Positive)

Avantel: Company has signed a contract worth of Rs.54.38 Crores dated June 9, 2023 with Ministry of Defence. (Positive)

JWL: NCLT approves Jupiter Wagons' resolution plan to acquire controlling stake in Stone India Limited (Positive)

TVS Motor: Company acquires additional 25% in Swiss E-Mobility Group to make it a wholly owned subsidiary. (Positive)

EaseMyTrip: Company becomes the official travel partner at the World Padel League 2023 (Positive)

Zydus Life: Company has received the final USFDA approval for a drug to treat stomach ulcers. (Positive)

Birla Corp: Societe Generale bought 3.99 lakh shares in the company. (Positive)

Info Edge: Company has agreed to sell its entire shareholding in associate company Happily Unmarried Marketing (HUM) to VLCC Health Care (Positive)

Allcargo: company announced that it has completed the acquisition of a 30 percent stake or 1.5 lakh equity shares of GKEPL for a total of Rs 406.7 crore. (Positive)

Vedanta: Declaration of Preferred Bidder of Iron Ore Mine (Block VII - Cudnem Mineral Block) by the Department of Mines & Geology, Goa (Positive)

SAIL: Life Insurance Corporation of India acquired additional 2 percent stake in the steel company (Positive)

Brightcom: The company sees the profit at Rs 1,659.1 –1,744.2 crore for the financial year FY24 (Positive)

Maha Seamless: Company has made voluntary prepayment of outstanding long term loan of Rs 234 crore approximately (Positive)

Ambalal Sarabhai: Subsidiary Asence Pharma commenced its new oncology and synthetic API plant in Vadodara (Positive)

Tata Motors: HSBC India partners with company for a corporate employee financing solution to accelerate the adoption of zero emission electric vehicles (Neutral)

Max Life Insurance: May premium up 16% (YoY); Retail APE up 2% (YoY) (Neutral)

IndusInd Bank: Expands network with Inauguration of 15th Branch in Nagpur (Neutral)

GHCL: Mechanical breakdown incident in soda ash plant, however issue has resolved (Neutral)

Karur Vysya Bank: Revises Base Rate and Benchmark Prime Lending Rate (Neutral)

Spandana Sphoorthy: Company has approved issuance of NCDs worth up to Rs 125 crore. (Neutral)

IEX: Mr Harsh Jain bought 52.95 lakh shares of company (Neutral)

Kotak Mahindra Bank: Canada Pension Fund sold 3.3 cr shares of Company (Neutral)

SBIN: Bank has received board approval to raise up to Rs 50,000 crore through debt instruments in the current financial year (Neutral)

Shalby: Academy, the healthcare education division of Shalby Ltd, made its partnership with P P Savani University in Surat (Neutral)

ICICI Prudential Life: May premium down 19% (YoY); 2M FY24 premium down 18% (YoY)

ITI: Acuite has downgraded the credit ratings of the company

Go Fashion: Sequoia Capital to sell up to 10.18% stake in Go Fashion at Rs 1,135/share via block deal: Media sources
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Dow +43.17 pts ,Nsdq +20.62 pts, S&P +4.93 pts , Bovespa +1531 pts , Ftse -37 pts , Dax -40 pts , Cac -9 pts , Crude @ $69.94 brl (-0.23), Brent @ $74.50 brl (-0.29) , Gold @ 1973.60 (-3.60), Silver @ $24.33 (-0.08), Euro @ $1.0746, JPY @ $139.32, INR @ 82.445


US GOVT. 10-YR YIELD : 3.74%


Today's Corporate Action, 12 June Ex Date:

APCOTEXIND
Final Dividend - Rs. - 3.5000
CYIENT
Final Dividend - Rs. - 16.0000
ICICIGI
Final Dividend - Rs. - 5.5000
INDIANB
Final Dividend - Rs. - 8.6000
IONEXCHANG
Stock  Split From Rs.10/- to Rs.1/-
RIIL
Dividend - Rs. - 3.5000
TATAINVEST
Final Dividend - Rs. - 48.0000


Today's Board Meetings, 12-Jun-23 :

ALAN SCOTT
Rights Issue              
BALKRISHNA
Right Issue of Equity Shares;Increase in Authorised Capital;General;Preferential Issue of shares
MENAMANI
General;Stock  Split              
PSB
General                
SATIN
General                
SEACOAST
Right Issue of Equity Shares;General       
SHARPLINE
Preferential Issue of shares            
TEEAI
General                
UNISTRMU
General;Quarterly Results            
UNQTYMI
A.G.M.;General              
USHDI
Audited Results              
VIJAYTX
Audited Results  


SEC. IN F&O BAN FOR, 12 JUN, 2023 :

1. IBULHSGFIN 2. IEX 3. INDIACEM

ADDITION : INDIACEM , IEX
DELETION : MANAPPUAM
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Thursday 8 June 2023

Telegram.me/AlliesFin #StockMarket #india's Post

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 08-06-2023 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET SELL : -2130*

*INDEX FUT. : -442*

*INDEX OPT. : -515*

*STOCK FUT. : -1094*

*STOCK OPT. : -78*

*SEC. IN F&O BAN FOR, 09 JUN, 2023 :*

*1. IBULHSGFIN 2. MANAPPURAM*

*ADDITION : NIL*
*DELETION : INDIACEM*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 08-JUN-2023 :*

*FIIS : BUY +212 (8,013-7,801)*

*DIIS : SELL -405 (5,462-5,867)*

*BSE SENSEX : -294 (62,849)*

*NSE NIFTY : -92 (18,634)*

*BSE MIDCAP. : -241 (27,511)*

*BSE SMLCAP. : -148 (31,385)*

*B. CRUDE : $ 76.66*

*GOLD: $1968=INR 60,000(10gr)*

*SILVER : RS. 73,700 (kg) (5pm)*

*FOREX : RS. $ 82.57*

*7.26% GOI '33: 7.0224%(101.6325)*

*7.26% GOI '32 : 7.0632%(101.30)*

*7.41% GOI '36 : 7.1050% (102.62)*
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https://twitter.com/A1Gurukulam/status/1666692648957247492?s=20
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Sector in news

Airlines sector: Domestic airfares are expected to remain high for another six to seven months, or until airlines are able to induct more aircraft and sort out the issues with P&W engines. Report

Air India is to receive 25 new Boeing 737-800 aircraft and six Airbus A-350-900s in the second half of the year as a part of its huge 470 aircraft order. The Boeing 737-800s will most probably be used for flights within India while the Airbus A350s will be used for international flights. #IndiGo and Akasa are also set to receive more aircraft and increase supply in the domestic aviation market.

Non-insurance sector reported an 18.06 per cent rise year-on-year to Rs 18,031.48 crore for May (excluding specialised companies, Agricultural Credit Insurance Company of India, and ECGC), the latest data released by the General Insurance Council showed.
The general insurance companies, which is 91 per cent of the non-life market, grew 17.45 per cent in May to Rs 15,933 crore while health insurance companies reported a 22.94 rise to Rs 2,098 crore.

#NewIndiaassurance #Icici Lombard

e-commerce, online travel, food delivery and ride-hailing, the GMV of the country’s internet economy currently stands at $155-$175 billion. This is about 48 per cent of India’s technology sector and may grow to 62 per cent by 2030
#Zomato, #Rategain #Nykaa


EV India will have 87 per cent electric vehicle (EV) penetration in new vehicle sales and 85 per cent localisation of the XEV value chain by 2047, the FICCI-YES Bank report’s on e-mobility said on Tuesday.
“The projected segment-wise penetration is 91 per cent for three-wheelers, 90 per cent for two-wheelers, 79 per cent for passenger vehicles, and 67 per cent for buses by 2047,” FICCI-YES Bank report ‘India@2047: Electric Mobility’ said.
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India Daybook Stocks in News

Zydus Life: Company gets USFDA approval for Tadalafil tablets (Positive)

Nelco: Company invests in Piscis Networks to bolster its portfolio of Satellite Communication Solutions (Positive)

Lemon Tree Hotels: Company signs licence agmt for a 60-room property in Rajamundry, Andhra Pradesh (Positive)

Tata Elxsi: Company launches InnovationHub & nearshore engineering centre in Troy, Michigan (Positive)

Hatsun Agro: Company to consider sale of its windmill division (Positive)

Wipro: Company & Cisco launches managed private 5G-as-a-Service solution (Positive)

Allcargo Logistics: Company’s arm Transindia Real Estate, to sell Jhajjar logistics park (Positive)

Mazagon: Thyssenkrupp, Mazagon intend to build submarine in India (Positive)

Jindal Poly: Company has entered into an agreement to acquire 100 percent shareholding in Netherlands-based firm JPF Netherlands Investment BV (Positive)

Tech Mahindra: Life Insurance Corporation of India has increased its stake in the IT services provider by 2.015 percent (Positive)

Snowman Logistics: Promoter Gateway Distriparks has acquired additional 11 lakh shares or 0.65 percent stake (Positive)

Hero MotoCorp: The company is gearing up to expand its electric two-wheeler range while upgrading its existing sales infrastructure (Positive)

Titagarh Rail: Board to consider raising funds via QIP/Rights Issue on June 10 (Positive)

TCS: Clocks its second lowest employee addition ever in FY23 (Neutral)

Punjab & Sind Bank: Board to consider raising upto Rs 750 cr via Bonds (Neutral)

Sula Vineyards: The wine producer has identified a new chief financial officer, who will come on board in August. (Neutral)

Deepak Fertilisers: Foreign portfolio investor Smallcap World Fund Inc has sold 23.54 lakh equity shares or 1.86 percent stake

D-Link: Ace investor Ashish Kacholia has sold 1.94 lakh shares or 0.54 percent stake
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Dividend Dates

Ex-Dividend 09 June 2023 (Tomorrow)
Last date for Cum-Dividend Today

Asian Paints Ltd.
Dividend Per Share Rs.21.25
Previous day Closing Price – Rs. 3223.85

Bhansali Engineering Polymers Ltd.
Special Dividend Per Share Rs.14
Final Dividend Per Share Rs.1
Previous day Closing Price – Rs. 160.7

Caplin Point Laboratories Ltd.
Dividend Per Share Rs.2
Previous day Closing Price – Rs. 777.55

Cigniti Technologies Ltd.
Special Dividend Per Share Rs.2.5
Final Dividend Per Share Rs.3.0
Previous day Closing Price – Rs. 907.6

Dynamatic Technologies Ltd.
Dividend Per Share Rs.7
Previous day Closing Price – Rs. 3374.1

Elecon Engineering Co.Ltd.
Dividend Per Share Rs.2
Previous day Closing Price – Rs. 561.65

Elpro International Ltd.
Dividend Per Share Rs.0.23
Previous day Closing Price – Rs. 60.74

HDFC Asset Management Company Ltd
Dividend Per Share Rs.48
Previous day Closing Price – Rs. 1994.8

Himadri Speciality Chemical Ltd
Dividend Per Share Rs.0.25
Previous day Closing Price – Rs. 131.6

Indian Hotels Co.Ltd.
Dividend Per Share Rs.1
Previous day Closing Price – Rs. 395.9

National Fertilizers Ltd.
Dividend Per Share Rs.1.53
Previous day Closing Price – Rs. 71.8

NRB Bearings Ltd.
Dividend Per Share Rs.4.1
Previous day Closing Price – Rs. 195.8

Solar Industries India Ltd.
Dividend Per Share Rs.8
Previous day Closing Price – Rs. 3887.3

Maruti Interior Products Ltd
Dividend Per Share Rs.0.5
Previous day Closing Price – Rs. 149

Voltas Ltd.
Dividend Per Share Rs.4.25
Previous day Closing Price – Rs. 805.65
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Telegram.me/AlliesFin #StockMarket #india's Post

*SGX Nifty +25 pts (18825) from last trade 18800 ,*


Nikkei +99 pts ,
Hangseng -24 pts ,
Now @6.55am .


Dow +91.74 pts ,Nsdq -171.52 pts, S&P -16.33 pts , Bovespa +878 pts , Ftse -3 pts , Dax -31 pts , Cac -6 pts , Crude @ $72.45 brl (-0.08), Brent @ $76.95 brl (-0.00) , Gold @ 1956.90 (-1.50), Silver @ $23.515 (-0.01), Euro @ $1.0701, JPY @ $140.02, INR @ 82.615




*Today's Corporate Action*
*8th June Ex Date*


 
Final Dividend - Rs. - 0.7500 -
NIITLTD
Spin Off  -
PONNIERODE
Final Dividend - Rs. - 6.5000 -
QGO
Interim Dividend - Rs. - 0.1000 -
RCL
Stock  Split From Rs.10/- to Rs.1/-




*Today's Board Meetings*
*08-Jun-23*




ANDHRAPET
General  
ARCOTECH
Audited Results;General
ATLASCYCLE
Audited Results;Quarterly1 Results
ORISSAMINE
Audited Results
SANINFRA
General;Final Dividend
VALUEIND
Audited Results;Quarterly Results
VIDEOIND
Audited Results;Quarterly Results 




*Stock under F&O ban on NSE*
*08-Jun-23*



1. IBULHSGFIN

2. INDIACEM

3. MANAPPURAM
By: via Telegram.me/AlliesFin #StockMarket #india

Wednesday 7 June 2023

Telegram.me/AlliesFin #StockMarket #india's Post

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 07-06-2023 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET BUY : +919*

*INDEX FUT. : +806*

*INDEX OPT. : -1668*

*STOCK FUT. : +1893*

*STOCK OPT. : -111*

*SEC. IN F&O BAN FOR, 08 JUN, 2023 :*

*1. IBULHSGFIN 2. INDIACEM 3. MANAPPURAM*

*ADDITION : NIL*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 07-JUN-2023 :*

*FIIS : BUY +1,383 (9,570-8,187)*

*DIIS : BUY +392 (5,931-5,539)*

*BSE SENSEX : +350 (63,143)*

*NSE NIFTY : +127 (18,726)*

*BSE MIDCAP. : +299 (27,752)*

*BSE SMLCAP. : +359 (31,533)*

*B. CRUDE : $ 77.36*

*GOLD: $1961=INR 59,800(10gr)*

*SILVER : RS. 73,800 (kg) (5pm)*

*FOREX : RS. $ 82.54*

*7.26% GOI '33: 6.9808%(101.9250)*

*7.26% GOI '32 : 7.0218%(101.58)*

*7.41% GOI '36 : 7.0766% (102.87)*
By: via Telegram.me/AlliesFin #StockMarket #india

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#India #market #capitalization has hit a 7-month high, is back at $3.50 trillion, #highest level since December 1, 2022. #alliesfin
By: via Telegram.me/AlliesFin #StockMarket #india

Tuesday 6 June 2023

Telegram.me/AlliesFin #StockMarket #india's Post

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20230606-56 BSE

Enhanced Surveillance Measure (ESM) Stage - One

New surveillance measure

Any co. Below 500 cr mkt cap and which has increased by 100% will be eligible for ESM

- Impact: 100% Margin
-Script will be under 5% band and Trade to Trade segment
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 06-06-2023 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET SELL : -25057*

*INDEX FUT. : -919*

*INDEX OPT. : -24474*

*STOCK FUT. : +556*

*STOCK OPT. : -219*

*SEC. IN F&O BAN FOR, 07 JUN, 2023 :*

*1. IBULHSGFIN 2. INDIACEM 3. MANAPPURAM*

*ADDITION : NIL*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 06-JUN-2023 :*

*FIIS : BUY +386 (8,963-8,577)*

*DIIS : SELL -489 (5,946-6,435)*

*BSE SENSEX : +06 (62,793)*

*NSE NIFTY : +05 (18,599)*

*BSE MIDCAP. : +80 (27,453)*

*BSE SMLCAP. : +131 (31,174)*

*B. CRUDE : $ 75.95*

*GOLD: $1961=INR 59,800(10gr)*

*SILVER : RS. 73,800 (kg) (5pm)*

*FOREX : RS. $ 82.60*

*7.26% GOI '33: 6.9780%(101.9450)*

*7.26% GOI '32 : 7.0196%(101.5950)*

*7.41% GOI '36 : 7.0748% (102.8850)*
By: via Telegram.me/AlliesFin #StockMarket #india

Monday 5 June 2023

Telegram.me/AlliesFin #StockMarket #india's Post

India Daybook – Stocks in News

Ramco Systems: Inaugurates office in Qatar to support digital transformation initiatives across the region (Positive)

BEML: India to soon proceed with financial bids for selling 26% in #BEML (Positive)

Zydus Life: US FDA issues nil observations to company’s animal health drug manufacturing facility at SEZ, Ahmedabad (Positive)

SBI Life: Company to absorb Sahara India Life Insurance (Positive)

Greaves Ind: Promoter bought 1 lakh shares in the company (Positive)

Mahindra Life spaces: OMRON Healthcare to start operations in Chennai in March 2025 (Positive)

Biocon: US FDA concluded inspection of Oral Solid Dosage formulations manufacturing facility at Bengaluru with no observations (Positive)

Lupin: Company launches Darunavir Tablets in the United States (Positive)

Crisil has upgraded the Bank's rating for Tier-II bonds amounting to Rs 5,000 crore. (Positive)

Wonderla: The Tamil Nadu government has granted a waiver of local body tax (LBT) of 10 percent to its Chennai project for 10 years (Positive)

Tata Chemicals: The company has signed a MoU with the Government of Gujarat to set up a 20 GW capacity lithium-ion cell manufacturing giga factory (Positive)

NTPC: IOC to source power from JV with the company (Positive)

Hero MotoCorp: Company hikes e-scooter price by Rs 6000 (Positive)

Bharat Forge/RK Forge: May North America Class 8 truck orders are up 10% YoY & 29% MoM at 15,500 units (Positive)

Brigade: Company to launch 10 housing projects in FY24 (Positive)

IOB: Reserve Bank of India imposes Rs 2.20 cr monetary penalty on Indian Overseas Bank (Neutral)

Minda Corp: Board approves raising upto Rs 600 cr via securities (Neutral)

PIIND: Company acquired 100% shareholding of Therachem Research Medilab (India) Private Limited (Neutral)

Godrej Prop: Company has increased its stake in equity share capital of Godrej Home Constructions Limited (Neutral)

Tata Chem: CRISIL has reaffirmed its credit rating of CRISIL A1+ issued by it for Company’s Commercial Paper (Neutral)

Hero Motocorp: Company launched a new range of its 100cc motorcycle – the HF Deluxe (Neutral)

Tech Mahindra: Company’s step down subsidiary has agreed to sell 0.04% and 99.96 % shareholding in Comviva Technologies do Brasil. (Neutral)

Wipro: The company has fixed June 16, 2023 as the record date for determining the eligiblity for the buyback offer (Neutral)

Dynamic Cables: RISIL has reaffirmed the credit ratings assigned to the Bank facilities of the Company (Neutral)

Muthoot Capital: The Board of Muthoot Capital will consider a fundraising proposal through issuance of NCDs on June 7 (Neutral)

HIL: Company has declared lockout of its Chennai plant

Jtekt India: Malabar India Fund sold 22.05 lakh equity shares, or a 0.9 percent stake

Lyka Labs: Quant Mutual Fund-Quant Small Cap Fund sold 1.5 lakh shares in the pharma company

Speciality Restaurants: Promoter Anjan Chatterjee has offloaded 5 lakh shares, or a 1.06 percent stake

Ceinsys Tech: Alternate investment fund Zodius Technology Fund has been offloading its stake in the company since May

Indoco Remedies: Facility had four observations in Form 483 and classified as OAI Official Action Indicated
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FIVE BEST SENTENCES T.me/AlliesFin 1. You cannot legislate the poor into prosperity, by legislating the wealthy out of prosperity. 2. ...