Additional Updates : -Additional positive for the markets
-MSCI November rejig kicks in today
-MSCI November rejig to see BSE, Voltas, Alkem Laboratories, Kalyan Jewellers and Oberoi Realty becoming part of the MSCI Global Standard Index
-As a consequence, India expected to see net FII passive inflows of approximately $2.5 billion due to rebalance, according to Nuvama Alternative & Quantitative Research
Things to know before trade 📰
➡️GIFT nifty up 400 points
➡️Strong opening expected after Maharashtra election outcome and solid global cues
➡️Strong US market close on friday
➡️Dow jones up 426 points , closed at record highs
➡️Holiday shortened week in the US , markets closed on Thursday for thanksgiving and end early on Friday
➡️Dollar index fell 0.6% to 106.9 on sunday
➡️FII selling reduced in the cash market on Friday
➡️FIIs sold 1278cr in cash on Friday
➡️DIIs bought 1722cr in cash on Friday
*Winter Session of Parliament kicks off on November 25 with a total of 16 significant bills to be discussed, including amendments to the Waqf Act and banking laws.*
Читать полностью…FNO Data on 22-November-2024 👇
a. FII in Index Futures - Covered!
👉 Added 29k Longs
👉 Covered 17k Shorts
FII Net Shorts down to 1.54 lakh vs 2.01 lakh contracts a day earlier!
b. Client net longs at 2.38 lakh vs 2.81 lakh contracts a day earlier!
POSITIONAL CALL UPDATE : BOOK PROFITS IN GANESHH AT 1208 RECO LONGS GIVEN AT 1160 CALL GIVEN ON 6NOV 2024.
Читать полностью…INTRADAY CALL UPDATE : BOOK PROFITS IN NETWEBTECH IND AT 2799 RECO LONGS GIVEN AT 2782
Читать полностью…INTRADAY CALL UPDATE : BOOK PROFITS IN NIFTY CALL OPT 23400 28NOV SERIES AT 341 RECO LONGS GIVEN AT 275
Читать полностью…Zinka Logistics Listed Price : 289.00 ISSUE PRICE : 273.00 :
LISTING PREMIUM OF 2.89%
Important global indicators to track 🌐
💹US ten year treasury yield at 4.41%
🛢️Brent crude prices rise as Russia and Ukraine launched missiles at each other
🛢️Brent crude prices rose to 74.4$/bbl
💹Dollar index continues to inch higher, at 106.5
🪙Gold inches back to one week high on safe haven demand
🪙MCX gold prices hover around 79300rs/10 gm
INTRADAY CALL UPDATE : BOOK PROFITS IN BANKNIFTY CALL OPT 52100 27NOV SER AT 432 RECO LONGS GIVEN AT 365
Читать полностью…POSITIONAL CALL UPDATE : BOOK PROFITS IN AFCONS AT 517 RECO LONGS GIVEN AT 486 CALL GIVEN ON 08NOV 2024.
Читать полностью…*News Headlines from Business News Agencies:*
*Business Standard*
📝 Major port cargo contracts by 3.2% to 68.22 mmt in October, shows data
📝 Bank of India plans to raise Rs 5,000 crore via 10-year infra bonds
📝 Urban demand needs an upward spiral: ITC Executive Director Bhargavan
📝 FMCG distributors write to Finance Ministry on quick-commerce practices
📝 India-dedicated fund outflows hit largest since June 2022: Elara Capital
📝 Govt should add coking coal to critical minerals list: Niti report
📝 NGEL to invest Rs 2 trillion in Andhra for renewable energy projects
📝 SBI launches low-cost tailored vehicle loan for Uber's fleet partners
📝 Raymond receives NOC from exchanges for demerger of its realty business
📝 Flipkart's Binny Bansal steps down from fintech major PhonePe board
📝 Govt extends deadline for electric construction equipment safety compliance
📝 Advent agrees to sell Manjushree Technopack to PAG for nearly $1 billion
📝 After Mercedes, BMW India announces price hike of up to 3% from January
*Economic Times*
📝 India's 26 major listed realty firms sell Rs 35,000 crore worth properties in Q2; Godrej Properties at top
📝 India Inc’s interest cover weakens in Q2 amid slowing revenue, profit growth
📝 FSIB recommends Binod Kumar for post of Indian Bank MD & CEO
📝 CCI rejects Apple request to put antitrust report on hold
📝 Central Bank of India gets RBI nod to enter insurance biz through JV with Generali group
📝 AkzoNobel India approves selling company's immovable properties
📝 Sony bags Asian Cricket Council media rights till 2031
📝 Centre readies Technology Collaboration Portal to bridge chemical makers and research institutions
📝 Trai asks telcos to publish coverage maps on websites
📝 German GDP downgraded in new blow for struggling economy
📝 Hyundai recalls over 145,000 electrified US vehicles on loss of drive power
📝 Centre releases 15th Finance Commission grant for rural local bodies in Karnataka
*Mint*
📝 India's food processing industry spurs FMCG fresher jobs hiring; rising to 32% in H2FY24
📝 Finance COP fails to offer adequate finance to developing countries for climate
📝 India announces $5 billion incentive to boost electronics manufacturing
📝 Demand from Europe fuels recovery in Indian textile exports
📝 IIFCL seeks infra tag for space sector; keen to finance satellite vehicles manufacturing: MD
📝 Auto Sector Q2 Review: OEMs struggle, 2W demand supports ancillaries
📝 Mumbai, Delhi lead surge in demand for luxury residential properties in APAC
📝 Services sector boosts business activity as manufacturing growth slows in Nov
📝 India at CoP-29: Push for climate finance and strengthen domestic sources
📝 Zepto raises another $350 million in third fundraise in six months
📝 Bulk drug makers to benefit from price stability but need to improve efficiency
Dow Jones closed at a new record 👏
Investors shifted exposure from tech to more economically sensitive corners of the market
🇺🇸 Markets on Friday
#DowJones +0.97%
#Nasdaq +0.16%
S&P500 +0.35%, 5th winning day in a row
Russell 2000 +1.8%
Tech Losers 🙁
Nvidia -3% ; Alphabet -2%
Other Assets
💲 Dollar Index at 107.53 as Euro slips to 2 year low
🇺🇸10 year yield at 4.42%
⛽️ Brent Crude at $75.2/ barrel (Gained 5% last week on Ukraine war fears)
🪙 Gold at 2710$/ounce gains 5.7% on safe-haven demand
🥈 Silver +1.5% to $31.24/ounce
💸 Bitcoin cools to 96800$
🗳️Election counting day update
🗳️NDA set for landslide victory In Maharashtra
🗳️BJP led Mahayuti alliance is likely to form the government in Maharashtra
🗳️As per the Election Commission's data at 11 am, BJP candidates were leading in 125 seats, Shiv Sena in 57 and NCP in 36 seats within the Mahayuti.
🗳️INDIA bloc has crossed half-way mark in Jharkhand
POSITIONAL EQUITY CALL UPDATE : BOOK PROFITS IN RELIANCE IND AT 1251 RECO LONGS GIVEN AT 1228 CALL GIVEN ON 22 NOV 24.
Читать полностью…LAST DAY IPO : NTPC Green Energy IPO Details : Issue Date : 19 NOV-2024 to 22 NOV-2024 Offer Price : 102-108 per equity share. Lot Size : 138 shares
Читать полностью…INTRADAY CALL : CLOSE POSITIONS IN BANKNIFTY CALL OPT 50800 27NOV SER AT 353 SL HIT RECO LONGS GIVEN AT 500
Читать полностью…*News Headlines from Business News Agencies:*
*Business Standard :*
📝 Stable inflation is the bedrock for sustained growth: RBI Governor Das
📝 CIL to supply coal beyond normative requirement to non-regulated sector
📝 Goyal urges industry to raise quality standards, appoint representatives
📝 Uniqlo India aims Rs 1k cr sales mark in FY25, to increase local sourcing
📝 Sebi abolishes 1% mandatory security deposit requirements in public issues
📝 ECBs net inflows rise to $7.9 bn in H1FY25 from $6.8 bn in H1FY24: RBI data
📝 Domestic solar installations surge 167% to 16.4 GW in Jan-Sep: Mercom
📝 Ashok Leyland strengthens retail presence in east with West Bengal outlet
📝 India's Russian oil imports up 3.3% in Oct from Sep, shows trade data
📝 Hyundai Motor India to set up 2 renewable energy plants at Chennai facility
📝 Insurtech firm Zopper raises $25 mn in to ramp up its digital infra
*Economic Times :*
📝 BEML gets Rs 246.78 crore truck supply order from Central Coalfields
📝 CEA Nageswaran asks India Inc not to seek protective cover of weak currency
📝 Sebi abolishes 1 pc security deposit requirements in public issues
📝 Alibaba integrates ecommerce platforms into a single business unit
📝 Transport assets worth USD 400 billion in India exposed to climate hazards: Report
📝 Uber said to be in talks to invest in US IPO of China’s Pony AI
📝 Mental health startup Veda Rehabilitation and Wellness projects Rs 18 crore revenue by FY 26
📝 Nokia to supply Microsoft Azure with datacenter routers, switches for another 5 yrs
📝 India to be insulated from trade war between US and China: Goldman Sachs
📝 Domestic airlines' fleet to touch 1,400 planes in 5 years
📝 Jio, Airtel, Vi continue to suffer customer losses for a third time
📝 Asian Development Bank to provide $4.25 billion to Tata Power for clean energy power projects
*Mint :*
📝 80% of equity mutual funds outperform respective benchmarks in October 2024
📝 Govt may include e-commerce data, expand coverage to calculate retail inflation
📝 Ola Electric laying off 500 employees in restructuring move
📝 Vedanta Resources postpones planned dollar bond offering: Report
📝 Belrise Industries files draft papers with SEBI to raise ₹2,150 crore via IPO
📝 Lemon Tree’s renovation drive leaves little room for re-rating
📝 Focus on bringing in good partners, not maximizing valuations: Peyush Bansal
📝 Byju’s founder accused of trying to regain firm with hidden cash
📝 Elon Musk’s startup xAI valued at $50 billion in new funding round
📝 Tiger Global-backed Moglix to boost sustainable packaging biz with ₹80-cr buy
📝 Natco Pharma submits ANDA with USFDA for Risdiplam for oral solution.
Things to watch as we begin trade 📰
➡️Strong close in US markets overnight
➡️Dow jones up 461 points
➡️Bitcoin hits fresh record high , inches towards $100,000
➡️Nifty saw broad based sell off, closed below 23350 yesterday
➡️Very large FII selling yesterday in cash market
➡️FIIs sold 5320cr in cash yesterday
➡️FIIs have sold almost 40000cr in November so far
➡️DIIs bought 4200cr in cash yesterday
➡️Rupee hit an all time low of 84.50 to the dollar