What a Trump Victory Could Mean for the Economy and Markets 🌟
As we approach one of the most crucial elections in U.S. history, there’s a lot of speculation about how a Trump win could impact the economy and financial markets. Here’s a quick look at some potential outcomes:
📈 Bitcoin Boom
A Trump victory could lead to a surge in Bitcoin prices, with investors looking at alternative assets amidst policy shifts. Many believe Bitcoin might reach new all-time highs!
📊 Stock Market Surge
Pro-business policies might boost U.S. and Indian stock markets, especially in tech and industry, driving global investor confidence.
🚀 Elon Musk’s Companies Thrive
Expect Tesla and SpaceX stocks to benefit, with strong support for innovation likely under Trump’s policies.
💰 Precious Metals on the Rise
Safe-haven assets like gold and silver could increase in value, acting as a hedge against uncertainty and inflation.
🛢 Crude Oil Price Drop
There’s a high chance that crude oil prices may decrease due to potential policy shifts in the energy sector.
🏦 Interest Rates & Inflation
With expectations of higher growth, interest rates and inflation could rise, impacting loans, mortgages, and consumer prices.
🏠 Real Estate Market Boost
Confidence in real estate, especially commercial properties, might strengthen as pro-business policies encourage investments.
🔋 Tech & Energy Sector Growth
Deregulation may drive growth in AI, automation, and clean energy, opening new investment opportunities.
🌐 Global Trade Shifts
Changes in U.S. trade policies could impact relations with India, China, and others, potentially affecting the dollar’s strength.
💸 Tax & Business Incentives
Possible tax cuts and incentives could benefit domestic production, aiding sectors like manufacturing, healthcare, and infrastructure.
This election has the potential to reshape markets and policies across the board. 📈 Keep an eye on the developments—it’s a fascinating time for investors and the economy alike!
INTRADAY CALL UPDATE : BOOK PROFITS IN NIFTY CALL OPT 24300 07NOV SER AT 187 RECO LONGS GIVEN AT 141
Читать полностью…POSITIONAL EQUITY CALL : BUY GANESHH AT 1160,SL-1111,TRGT-1275 (TWO MONTH HOLDING )
Читать полностью…Swiggy IPO Details : Issue Date : 6 NOV-2024 to 8 NOV-2024 Offer Price : 371-390 per equity share. Lot Size : 38 shares
Читать полностью…Things to know before trade 📰
📈Strong close in US overnight
📈Dow jones up 427 points
📈Dow futures jump 300 points, Russell 2000 futures gain
📈Market awaits US election results
📉 FIIs continue to be net sellers in India
📉 FIIs sold 2569cr in cash yesterday
FNO Data today
a. FII on Index Futures (3 Longs for 1 Short)
👉 Added 13.8k Longs
👉 Added 3.8k Shorts
🚨 FII Long:Short at 27%:73% 🚨
b. Clients net long at 2.25 lakh contracts!
Swiggy IPO opens tomorrow
Co offered at 60% discount to Zomato’s valuations
Key triggers to track (as per RHP):
• Profitability of Food Business - in FY24, swiggy saw a GOV of 24700cr in food delivery business, which is a growth of 15% YoY
• Growth in Qcomm - the quick commerce biz is growing at a much faster pace, the GOV in FY24 was up 58% YoY at 8100cr in quick commerce
Management to CNBC-TV18 Earlier:
• May look to open more dark stores in the next 4 qtrs
• Food delivery EBITDA margins is 0.8%, industry sees potential of 5%
INTRADAY CALL UPDATE : EXIT POSITIONS IN NIFTY PUT OPT 23950 07NOV SER AT 184 SL HIT RECO LONGS GIVEN AT 220
Читать полностью…BTST CALL UPDATE : BOOK FULL PROFITS IN RELIANCE IND AT 1304 RECO LONGS GIVEN AT 1291
Читать полностью…POSITIONAL EQUITY CALL UPDATE : BOOK FULL PROFITS IN PARAS DEFENSE AT 1081 RECO LONGS GIVEN AT 1021 ( CALL GIVEN ON 4 NOV 2024 )
Читать полностью…DERIVATIVE DESK : INTRADAY CALL UPDATE : BOOK PROFITS IN BANKNIFTY NOV AT 52707 RECO LONGS GIVEN AT 52605
Читать полностью…ACME Solar Holdings IPO Details : Issue Date : 6 NOV-2024 to 8 NOV-2024 Offer Price : 275-289 per equity share. Lot Size : 51 shares
Читать полностью…*News Headlines from Business News Agencies:*
*Business Standard*
📝 Govt estimates record 119.93 mt rice output for year 2024-25 Kharif season
📝 JNPA records nearly 12% rise in Oct container traffic to 614,651 TEUs
📝 Shreyas Srinivasan quits as Paytm's CPO after Zomato's Insider acquisition
📝 Airtel pushes DoT for non-discriminatory waiver in telecom sector reforms
📝 Maruti Suzuki-backed Bharat Seats to issue bonus shares for shareholders
📝 Thomson Reuters Q3 revenue rises 8% to $1.72 billion, beats expectation
📝 Apollo's Q3 profit increases 12% on gains from retirement business
📝 IBBI proposes mediation mechanism for operational creditors in IBC
📝 S Korea fines Meta $15 mn for illegally collecting info from Facebook users
📝 4.8 million weddings this year to generate over Rs 6 trillion: Cait
📝 Govt starts Phase-II of subsidised wheat flour, rice sale under 'Bharat'
📝 Iron ore climbs to over 2 week high on prospects of more China stimulus
*Economic Times*
📝 IndiGo co-founder Rakesh Gangwal becomes chairman of Southwest Airlines
📝 India, Kazakhstan to set up a JV in critical minerals sector
📝 Bajaj Finserv Mutual Fund files draft with Sebi for ELSS fund
📝 IHCL acquires majority shareholding in operating company of Tree of Life
📝 Aptus Value Housing Finance Q2 Results: Profit rises 22% to Rs 182 crore; dividend declared
📝 Marut Drones raises $6.2 million from Lok Capital
📝 QubeHealth raises pre-series A funding from UIV, CanBank
📝 NBCC secures Rs 500 crore contract from BIS
📝 Venus Remedies gets GMP approval for pre-filled syringe facility
📝 Fidelity marks up Lenskart valuation by 12% to $5.6 billion
📝 IL&FS seeks legal advice to recover excess remuneration paid to directors
*Mint*
📝 Power trading volumes in short-term market rise 12% in FY24
📝 JSW Steel and Korean steel-maker eye $7.7 billion investment in Odisha plant
📝 Muthoottu Mini Financiers launches NCD issue to raise ₹150 crore
📝 NMDC board to consider bonus issue for first time in 16 years on November 11
📝 Sebi’s move to curb option volumes to have substantial impact, says NSE chief
📝 Around ₹7,000-crore worth ₹2,000 banknotes yet to be returned to RBI
📝 MSCI review: Voltas, BSE, Adani Energy, among six stocks likely inclusions
📝 JK Cement cut volume growth guidance, but a timely expansion makes up for it
📝 Apollo Green Energy plans ₹1,500 cr capex to capitalize on India’s green push
📝 CastNX Secures ₹23.22 Cr Investment to Drive Power Electronics Innovation
📝 Ranjan Pai’s Claypond backs Easy Home Finance in $35 million funding round
US Markets end higher as traders await U.S. election results 💪
🇺🇸 Markets on Tuesday
DowJones +1.02%
Nasdaq +1.4%
S&P500 +1.2%
Big Movers
Nvidia +3%,
Tesla +3.5%
🇺🇸 Economic Data
Services purchasing managers’ index came in at 56.0, the highest reading since July 2022
Economists were expecting a reading of 53.7
Post US Election, attention turns to Federal Reserve’s November rate decision which is due on Thursday
Traders are pricing in a 99% chance of a 25 bps cut
Other Asset Classes
🇺🇸 10 year yield at 4.29%
💲 Dollar Index cools at 103.3
⛽️ Brent Crude at 75.5$/barrel
🪙 Gold at 2750$
NMDC to consider bonus issue with Q2 results
NMDC LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/11/2024 ,inter alia, to consider and approve For consideration of the Unaudited Financial Results (Standalone and Consolidated) of the Company for quarter ended 30th September 2024 and a proposal for issue of Bonus Shares
DERIVATIVE DESK : INTRADAYCALL UPDATE : BOOK PROFITS IN NIFTY NOV SERIES AT 24170 RECO LONGS GIVEN AT 24110
Читать полностью…Sagility India IPO Details : Issue Date : 5 NOV-2024 to 7 NOV-2024 Offer Price : 28-30 per equity share. Lot Size : 500 shares
Читать полностью…