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

*News Headlines from Business News Agencies:*

*Business Standard*

Govt revises upwards wheat output to record 112.92 mn tonne for 2023-24
Working to certify AI memory chips of Samsung, Micron Technology: Nvidia
Tata Motors board okays to incorporate new wholly-owned unit for CV biz
Intel launches new Xeon server processors amid competition with AMD
Opec oil output increases in May, led by Nigeria, Iraq, survey shows
MediaTek announces Kompanio 838 chipset for AI-powered Chromebooks
Netherlands emerges as India's 3rd largest export destination in 2023-24
Volvo to issue world's first EV battery passport ahead of EU regulations
Airbus unveils concept of unmanned wingman protecting manned fighter jets
BOJ must be vigilant to yen's impact on economy, says Dy Guv Himino
Toyota, Mazda halt shipments as Japanese auto safety scandal widens

*Economic Times*

Air India ties up with Delhi Metro, DIAL to facilitate check-in for international passengers
Wipro in pact with Zscaler for AI-assisted decision support platform Wipro Cyber X-Ray
Indian Railways registers highest ever freight loading in May 2024
TSMC says it has discussed moving fabs out of Taiwan, but such a move impossible
Haryana government to launch Rs 10,000-crore project to combat air pollution
IATA boss warns foreign airlines may quit India if taxation issues are not sorted
Cashfree Payments appoints Abhaya Hota as independent director
India VIX jumps 44%, registers highest single-day gain in 9 years
Microsoft hit with Austrian privacy complaints over its education programme
Telcos now targeting T20 cricket world cup to boost data usage, ARPU

*Mint*

Private equity puts brakes on healthcare roll-ups after government scrutiny
Hitachi, Microsoft plan for multibillion-dollar AI partnership
Q4 results review: Banks, autos drive earnings; Nifty 50 PAT jumps 12% YoY
Brigade Enterprises gears up for FY25 with thrust on commercial segment
Sebi proposes auction method for better price discovery for investment firms
NTPC eyes on 10GW nuclear capacity and on new subsidiary
Cheap Vietnamese steel imports start their ascent in Indian domestic market
Zee plans to raise funds via share sale, calls board meeting on 6 June
Apple delays ‘Foldable Phone’ launch until 2027: Report
Airbus in talks to sell more than 100 widebody jets to China
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

India Daybook Stocks in News

@AlliesFin

LTI Mindtree: Strategic Partnership with SAP to pioneer Digital Solutions for Complex Manufacturing (Positive)

GPT Infra: Company bags order worth ₹547 cr from RVNL (Positive)

Punjab National Bank: Company Board approves diluting 10% stake Canara HSBC Life Ins by listing it on NSE/BSE via IPO (Positive)

CONCOR and Shipping Corp: Both companies have inked MoU to provide seamless end to end logistics solution (Positive)

Wipro: Company in pact with Zscaler for AI-assisted decision support platform Wipro Cyber X-Ray (Positive)

Infosys: Company collaborates with Japan-Based Nihon Chouzai to expand healthcare access in Japan (Positive)

Jindal Stainless: Company completes acquisition of Evergreat International Investment, Singapore. (Positive)

Shilpa Medicare: Arm filed application with USFDA for serum products. (Positive)

IKIO Lighting: Commenced commercial production at the Factory Situated in Noida (Positive)

Oil downstream stocks: Brent crude below $78/bbl-Lowest Since Februrary 2024 (Positive)

VPRPL: Company's order book as on march 31 stands at about 47.17b rupees to be executed over next 24-36 months (Positive)

Vodafone Idea: CARE Ratings revised rating assigned to long-term bank facilities to CARE BB+ from CARE B+ with outlook maintained as Stable (Positive)

NLC India: Company to consider raising foreign currency loan of up to $600 million on June 10 (Neutral)

VIP Ind: Company announced the resignation of Nisaba Godrej as Independent Director of the company on 03 June 2024. (Neutral)

Tata Motors: Board approves set up of wholly-owned subsidiary (Neutral)

Sun Pharma: Company submits marketing authorization application to EMA for approval of Nidlegy. (Neutral)

Ashok Leyland: Company launches 'Sarathi Suraksha' policy aimed at safeguarding driver community. (Neutral)

State Bank: Board meeting intimation for long term fund raising upto $3 bn (Neutral)

NLC India: Company to consider raising foreign currency loan of up to $600 million on June 10. (Neutral)

Filatex Fashions: Company Board will meet on 07 June 2024 to consider stock split of equity shares of the company from face value of Rs 5 to Re 1 per share. (Neutral)

Vakrangee: Company to acquire further 48.5% stake in Vortex Engineering. (Neutral)

Hindalco: Novelis delays billion dollar #IPO citing market conditions, new timeline unclear
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

*News Headlines from Business News Agencies :*

*Business Standard :*

Tata Steel credit metrics to improve in FY25 on high demand: CreditSights

Nvidia G-Assist to bring in-game AI assistant to RTX AI-powered Windows PCs

Sebi introduces 'Saarthi 2.0' mobile app on personal finance for investors

Tech Mahindra subsidiary Comviva names Rajesh Chandiramani as CEO

Interest rates have peaked, moderation expected towards year-end: PNB MD

Nokia, Gati Shakti Vishwavidyalaya ink pact to partner on 5G, 6G research

Embassy REIT secures Rs 1,200 cr debt to acquire business park in Chennai

Global weather body predicts 60% chance of La Nia developing during Jul-Sep

Spotify raises US prices of its premium plans in bid to push margin

United Breweries eyes strong growth in the premium beer segment

HMSI sees 45% jump in May domestic sales; Bajaj Auto sales flat at 355,000

*Economic Times :*

Punjab National Bank, IIFCL sign pact for financing infra projects

Icra revises domestic steel demand growth rate to 10 pc for FY25

Bill Ackman's Pershing Square sells 10% stake to raise $1.05 billion

Climate tech firm Logic Ladder raises $2.5 million in funding from Big Capital, Rainmatter

Strong growth, lower fiscal deficit may lead to India rating upgrade: Deutsche Bank

ZEE to consider fundraising proposal via equity or other modes on June 6

Kronox Lab Sciences IPO booked 11x on strong demand from retail, NII investors

Manufacturing activity eases to a three-month low of 57.5 in May

Arm aims to capture 50% of PC market in five years, CEO says

Mirae Asset Mutual Fund files draft document with Sebi for Nifty EV & New Age Automotive ETF

Microsoft to invest $3.2 billion in Swedish cloud, AI


*Mint :*

India's drug regulator drafts norms to report adverse effects of vaccines

Navin Fluorine appoints Nitin Kulkarni as Managing Director for 5 years

Amber Enterprises may invest ₹2,000 cr to set up printed circuit board facility

In runup to Swiggy’s IPO, Baron marks up food-delivery firm’s value to $15.1 bn

Toyota Chairman Akio Toyoda apologizes, suspends 3 models amid test scandal

AMD unveils latest AI chips, accelerated chip update timeline

Have hired more data scientists than any other ad agency: Wavemaker India CEO

Temasek, Fidelity purchase Lenskart shares worth $200 mn in secondary deal

Air India to operate as merged entity from 2025; no Vistara brand by year-end

Etihad CEO says plans progressing for possible stock listing

HCL’s software products business falls short of profitability expectations
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 03-06-2024 :

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

*TOTAL NET BUY : +7655*

*INDEX FUT. : +7805*

*INDEX OPT. : -5353*

*STOCK FUT. : +5968*

*STOCK OPT. : -764*

*SEC. IN F&O BAN FOR, 04 JUN, 2024 :*

*1. ZEEL*

*ADDITION : ZEEL*
*DELETION : NIL*

INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 03-JUN-2024 :

*FIIS : BUY +6,851 (23,451-16,600)*

*DIIS : BUY +1,914 (22,651-20,737)*

*BSE SENSEX : +2507 (76,468)*

*NSE NIFTY : +733 (23,264)*

*BSE MIDCAP. : +1515 (44,367)*

*BSE SMLCAP. : +969 (48,232)*

*B. CRUDE : $ 78.89*

*GOLD: $ 2,342=INR 72,500(10gr)*

*SILVER : RS. 90,500 (kg)*

*FOREX : RS. $ 83.14 *

*7.10% GOI '34 : 6.9449% (101.08)*

*7.18% GOI '33: 7.0023%(101.1750)*

*7.18% GOI '37: 7.0198% (101.3475)*
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

Bharat India Daybook Stocks in News

@AlliesFin

Ahluwalia Contracts: Company secured 2 Project worth of Rs. 2245 Cr (Positive)

Canara Bank: Approves initiating the process to dilute 14.5% stake in Canara HSBC Life Insurance through its IPO. (Positive)

Welspun Corp: Saudi Arabia-based associate company EastPipes signs off contract worth Rs 3,670 crore with Aramco (Positive)

IRB Infra/PNC Infra: NHAI hikes tolls across highways by 5% (Positive)

MosChip Technologies: Company gets contract worth ₹509.37 crore from Centre for Development of Advanced Computing (CDAC) (Positive)

Ashoka Buildcon: Company has emerged as lowest bidder for the two projects worth 2151cr rupees (Positive)

Purvankara: Company inform about acquisition of 12.75-acre land parcel in thane, with a potential GDV of Rs. 4,000 crores by PURVA OAK pvt. ltd., a wholly-owned subsidiary of company (Positive)

Atul Auto: Company total sales at 4,023 units vs 1,816 units (YoY) (Positive)

Coal India: Company May Production Up 7.5% At 64.5 mt Vs 59.9 mt (YoY) (Positive)

Waaree Renewable: Company Received LOA for EPC Works for Solar power project of 26.4 MWp capacity on turnkey basis. (Positive)

Eicher Motors: Company forays into small commercial vehicles segment (Positive)

Dairy Stocks: Milk price hiked by Rs 2/litre across all variants with effect from June 3 (Positive)

Mahindra & Mahindra: Company total auto sales grew 16.7% at 71,682 unit’s vs 61,415 units (YoY) (Positive)

Vertoz Advertising: Company Approved Split of Equity Shares in 10:1 Ratio (Positive)

Bajaj Group: Company Said to plan filing papers for housing finance unit IPO (Positive)

Aurobindo Pharma: Company’s arm executes master service pact with Merck Sharpe. (Positive)

Cochin Shipyard: Company unit gets order in the range of Rs 100-250 crore from Adani Harbor Services unit. (Positive)

Raj Rayon: Company says CAPEX will expand the POY from 225 TPD to 600 TPD and DTY capacity from 100 TPD to 400 TPD (Positive)

Poonawala: Company achieves significant milestone of GNPA below 1% and NNPA below 0.5% as on 31st May 2024 (Positive)

Adani Ports: Company arm signs 30-year concession pact with Tanzania Ports Authority for container terminal. (Positive)

PVR INOX: Company reopens renovated Mumbai’s heritage Lido Cinema after three decades. (Positive)

PNC Infra: Company Unit Gets One-Time Settlement Amount worth Rs 391 Crore from NHAI. (Positive)

MOIL: Company Hikes prices of all Ferro grades of manganese ore with Manganese content of Mn-44% and above 35% on the prevailing prices since May 1, 2024, w.e.f. June 1, 2024 (Positive)

Lokesh Machines: Company Gets Order worth 42.6m Rupees from Northern Command, Indian Army (Positive)

NTPC: Company Says 2nd And Last Part Capacity Of 33 Mw Out Of 90 Mw Anta Solar Pv Project Declared On Commercial Operation (Positive)

Deepak Nitrite: Company Unit Entered Into Share Purchase Agreement with Shareholders of Narmada Thermal Power Deal for 616.5m Rupees (Positive)

ICICI Pru: IRDAI approves appointment of Sandeep Batra as Chairman of the Board Of Directors of the company (Positive)

Eicher Motors: Company total motorcycle sales at 71,010 units, down 8% year-on-year. (Neutral)

TVS Motor: Company’s total sales in May at 3.70 lakh units, up 12% year-on-year. (Neutral)

NOCIL: Company Is Investing Rs 250 Cr to Expand Rubber Chemical Capacities at Its Dahej Site (Neutral)

REC: Company board approves appointment of Harsh Baweja as director of finance and CFO. (Neutral)

Canara Bank: Bank approved Capital Raising Plan Up to 85B Rupees for FY 2024-25. (Neutral)

REC: Company approves raising up to Rs 1.45 lakh crore via bonds. (Neutral)

Inox Wind: Company’s board approves raising up to Rs 1,000 crore via NCPRPS. (Neutral)

Maruti Suzuki: Company reduces price of AGS variants across models by Rs 5,000. (Neutral)

Aditya Birla Capital: Company Unit Informed Co about Proposed Investment of Up to 5b Rupees in Equity Shares of IDFC First Bank. (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

*News Headlines from Business News Agencies :*

*Business Standard :*

Mumbai city sees 12,000 property registrations in May, up 22% annually: Rpt

Tata Motors likely to make Tamil Nadu export hub for EVs from JLR

Meganet set to log Rs 1,000 cr revenue in next two years, says CEO Pipada

Maruti Suzuki India sees 2% drop in sales to 174,551 units in May

India must encourage both hybrid and EVs, says Maruti Suzuki India

Global agricultural trade focuses on India policies post new govt formation

Tata Motors electric vehicle business posts Rs 9,300 crore revenue in FY24

Fitch lowers Boeing 2024 aircraft delivery, free cash flow forecasts

Wipro shareholders approve resolution on $4.3 mn pay package for ex-CEO

Automaker Stellantis appoints Shailesh Hazela as CEO, MD of India ops

BSE acquires entire equity stake of S&P Dow Jones Indices in Asia Index

Udupi Cochin Shipyard bags new order from Adani group's Ocean Sparkle

Tata Capital seeks retail loans growth of 35% in FY25: Senior executive

*Economic Times :*

Economy expands 7.8% in Q4, lifting FY24 growth to 8.2%

Commercial LPG prices slashed by Rs 69.50 after Rs 19 cut in May; ATF prices revised down 6.5%

India's top 100 listed companies must verify market rumours in 24 hours: SEBI

Microsoft to pay off cloud industry group to end EU antitrust complaint: report

Nvidia set to overtake Apple as world's second-most valuable company at $2.68 trillion

NMDC's iron ore output falls 37% in May; sales down 22 pc

Tata Motors sales up 2 pc at 76,766 units in May

OPEC+ extends oil cuts to third quarter, discusses 2025, sources say

Boeing hit with $72 million verdict in EV aircraft trade secrets case

GlobalLogic sees increased business from India-based GCCs

DoT mulls using drones, balloons for 5G connectivity in emergencies

India's fiscal numbers, growth to be monitored for upgrade in next 24 months, says S&P

Coal stocks at thermal plants continue to be more than 45 MT amid peak power demand


*Mint :*

Tata Group working on 100 Gen AI projects: Chandrasekaran

Tesla shareholder sues Elon Musk for alleged $7.5 billion insider trading

Maruti Suzuki cuts prices of auto gear shift models by ₹5,000 from

India has enough room for multiple wide-body carriers to flourish: Emirates

Moderna’s RSV shot wins FDA approval for use in older adults

Govt may raise incentives, provide VFG to make India global ship-building hub

No relief from heatwaves in northwest, central and east India until Tuesday: IMD

Hindustan Zinc to maximize silver production amid record rally

Three co-founders of Quotient Ventures resign to start own venture

Anant Yardi becomes majority stake owner of WeWork, David Tolley remains as CEO

Reliance, Tata on TIME's list of world's most influential companies

RBI working to expand UPI to 20 countries by 2029, shows Annual Report

Moderna’s RSV shot wins FDA approval for use in older adults
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 31-05-2024 :

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

*TOTAL NET SELL : -22869*

*INDEX FUT. : -1051*

*INDEX OPT. : -25451*

*STOCK FUT. : +4972*

*STOCK OPT. : -338*

*SEC. IN F&O BAN FOR, 03 JUN, 2024 :*

*1. NIL*

*ADDITION : NIL*
*DELETION : NIL*

INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 31-MAY-2024 :

*FIIS : BUY +1,613 (95,467-93,854)*

*DIIS : BUY +2,114 (21,441-19,327)*

*BSE SENSEX : +75 (73,961)*

*NSE NIFTY : +42 (22,531)*

*BSE MIDCAP. : +25 (42,852)*

*BSE SMLCAP. : +355 (47,263)*

*B. CRUDE : $ 82.03*

*GOLD: $ 2,324=INR 72,300(10gr)*

*SILVER : RS. 93,500 (kg)*

*FOREX : RS. $ 83.46 *

*7.10% GOI '34 : 6.9809% (100.8250)*

*7.18% GOI '33: 7.0372%(100.94)*

*7.18% GOI '37: 7.0781% (100.85)*
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin