-
Get the latest news and updates for markets in one place from wealthy broking
DERIVATIVE DESK : INTRADAY BUY NIFTY NOV SERIES AT 24110,SL-24048,TRGT-24245
Читать полностью…
INTRADAY CALL BUY ICICIBANK AT 1277,SL-1268,TRGT-1303
Читать полностью…
News Headlines from Business News Agencies:
Business Standard
📝 Oil buyers, producers dialogue needed for market stability: Hardeep Puri
📝 India's semiconductor design sector booms despite Q2 hiring dip: Report
📝 Taj Gvk Hotels Q3 PAT jumps 39% YoY to Rs 17 crore
📝 SAT Televenture to acquire Tikona Infinet for Rs 669 cr in cash, stock deal
📝 Sebi allows MFs to invest in foreign funds with Indian securities exposure
📝 Kotak Alternate Asset Managers to raise Rs 1,600 cr via healthcare PE fund
📝 Coal Minister urges CIL to boost production and reduce import reliance
📝 TechEagle launches eight drone hubs with healthcare partners across India
📝 Fitch affirms IIFL Finance's rating after RBI lifts ban on gold-loan biz
📝 October weather did not favour Ukraine's winter crops: Scientists
📝 Exide Industries Q2 result: PAT falls 13.66% to Rs 233.4 cr on higher costs
📝 UAE opens its annual oil-and-gas summit, pledges to increase output
Economic Times
📝 CIL should prioritise augmenting coal production, supplies to reduce import: Minister
📝 Aptus has appointed Atul Jain as Managing Director and Chief Executive
📝 China's Haier Group plans JV with JSW Group envisaging Rs 1K cr investment
📝 BFSI office leasing continues to surge as digital growth points to new record in 2024
📝 India to emerge as a Global South leader in AI global governance: Abhishek Singh
📝 India re-elected as President of International Solar Alliance till 2026
📝 Bajaj auto domestic 2-wheelers sales dropped 8 pc in Oct (YoY), exports surge 22 pc
📝 Ashok Leyland total sales fell 9% to 15,310 units in Oct
📝 Bangladesh fast tracks payment to Adani Power after supply cut
📝 Welspun Corp gets Rs 1,300 cr pipe supply order in US
📝 India to revamp power demand forecasting for better planning
📝 Crystal Crop acquires I&B Seeds to expand vegetable, flower seed business
Mint
📝 RBI likely selling dollars to support rupee amid equity outflows: Report
📝 IRFC Q2 Results: Net profit rises 4% YoY to ₹1,613 crore, revenue up 2%
📝 Indian rupee touches all-time low due to equity outflows from domestic market
📝 Lulu Retail Holdings expects to raise $1.43 billion from its Abu Dhabi IPO
📝 DLF’s New ‘Ultra-Luxury’ Project to Have the Costliest Apartments in India
📝 Reliance Jio IPO may hit Indian market in 2025: Report
📝 NBFCs brace for slower growth as asset stress, fund costs pinch
📝 Skillmatics likely to go for India listing in 3 years: CEO Dhvanil Sheth
📝 SBI Mutual Fund average AUM surges to record ₹11 lakh crore in Q2
📝 Bosch to cut over 7,000 jobs as it lowers growth forecast for 2024
📝 InCred plans insurance, mutual fund arms as it seeks to diversify offerings
PROV FIGS AS ON 4 NOV-24 (IN CRS)
FII/FPI : -4329.79
DII : +2936.08
Market update at 2 pm
sell off intensifies 🚨
📉Nifty down 400 points
📉Nifty breaches 24000
🙏🏻Nifty is now down 9% from record levels in September
📉Slowdown in earnings , downgrades across sectors one of the reasons for sell off
📉Volatility ahead of big events like US presidential elections and fed meet outcome
POSITIONAL EQUITY CALL : BUY PARAS DEFENSE AT 1021,SL-988,TRGT-1175 (ONE MONTH HOLDING )
Читать полностью…
INTRADAY CALL UPDATE : BOOK PROFITS IN BANKNIFTY PUT OPT 51500 06NOV SER AT 655 RECO LONGS GIVEN AT 545
Читать полностью…
Market Alert : NIFTY Falls below 24,000 levels
Massive selling in front line stocks
Afcons Infrastructure Listed Price : 426.00 ISSUE PRICE : 463.00 :
LISTING DISCOUNT OF 7.99%
INTRADAY CALL : BUY BANKNIFTY PUT OPT 51500 06NOV SER AT 545,SL-414,TRGT-786
Читать полностью…
NIFTY50 RESULTS THIS WEEK
05-NOV #Tuesday
DR REDDYS | TITAN
06-NOV #Wednesday
APOLLO HOSPITALS | POWER GRID | TATA STEEL
07-NOV #Thursday
M&M | TRENT
08-NOV #Friday
SBI | TATA MOTORS
09-NOV #Satursday
ASIAN PAINTS
NOVEMBER 2024 Series
- Nifty gained 99 Pts on Muhurat Trading Day
- Oct series saw 2000 Pt correction on the Nifty
- FIIs start Nov with 22% long exposure
- Nifty Oct-Nov rollovers at 68%, OI at 1.06 Cr shares
- Nov series has seen huge gains in the past
With US Elections, Maharashtra Polls, Remainder of Q2 Results and all eyes on China - what will Nov 2024 hold…keep following Wealthy stocks telegram page
Reminder - US elections on 5th November.
Here’s the timeline -
1. Voting day - 5th November, voting till 6 pm
2. Counting of votes - 5th November, after 6 pm
3. Final results - Could take several days, in 2020 it took 4 days
4. Inauguration of new President - 20th January, 2025
Expecting VIX and volatility to be high for the the coming week.
Heres a peak into what happened in the US markets on Friday 👇
🇺🇸 Markets on Friday
#Dowjones +0.69%
#Nasdaq +0.8%
S&P500 +0.4%
Earnings beat after a few missed expectations
🚀 Amazon +6.2%
Strength in the cloud and advertising businesses propelled the e-commerce giant above Wall Street’s earnings expectations
🚀Intel +7.8%
Exceeded analysts’ forecasts for revenue and offered strong guidance
Jobs report
🇺🇸 economy added just 12,000 jobs in October vs estimated 100,000
Reason for miss: Affected by hurricanes a Boeing strike
👉 Weakest level of jobs creation since December 2020
👉 Unemployment rate held at 4.1%, in line with estimates
Big Cues this week
Nov 5th 👉 U.S. presidential election
Nov. 6-7th 👉 Fed’s two-day policy meeting
Economists see a 100% chance of a 25-basis-point cut by the Fed next week vs 91% chance before the jobs data!
Other Assets
🪙 Gold cools to $2,736/ounce
🇺🇸 10 year yield at 4.39%
⛽️ Brent Crude at 73$/barrel
💲 Dollar Index at 104.24
💸 Bitcoin slips to 69100$
INTRADAY CALL BUY LAURASLAB AT 490,SL-484,TRGT-515
Читать полностью…
BTST CALL UPDATE : BOOK FULL PROFITS IN SBIN AT 832 RECO LONGS GIVEN AT 821
Читать полностью…
🇺🇸 StockMarket close lower ahead of residential election results
👉 Latest poll from NBC News shows a “deadlocked race” between former President Donald Trump & Vice President Kamala Harris
🇺🇸 Markets on Monday
#Dowjones -0.6%
#Nasdaq -0.33%
S&P500 -0.28%
Dow Jones dragged by
👎 Goldman Sachs -1.5%
👎 UnitedHealth Group -1.7%
Nvidia +0.5%
👉 S&P Dow Jones Indices announced that the chipmaker would replace rival Intel in the 30-stock Dow
👉 Nvidia +174% year to date, while Intel has lost more than half its value in 2024
Other Asset Classes
🇺🇸 10 year yield cools to 4.29%
💲 Dollar Index at 103.92
🪙 Gold at 2740$/ounce
🥈 Silver at 32.5$/ounce
⛽️ Brent Crude at 75$/barrel, jumps as OPEC+ delays output hike
💸 Bitcoin at 68000$
Stocks in after market hours
🚀 Palantir +13% on strong quarterly results and upbeat revenue guidance
👎 NXP Semiconductors -5% on a soft outlook due to macro concerns
👎 Wynn Resorts -4% on third-quarter results that fell short of Wall Street’s estimates
Reliance sees telecom business as stable, IPO ready-sources
Retail unit needs to fix operational issues, source says
Jefferies has valued telecom unit IPO valuation at $112 bln
BTST CALL : BUY RELIANCE IND AT 1291,SL-1277,TRGT-1355
Читать полностью…
Nifty -400 points (-1.8%)
Nifty now slightly below the 5th August low of 23,893.70...currently at 23830
VIX +10%.
#USPresidentialElection2024 fear has gripped in
INTRADAY CALL : BUY NETWEBTECH IND AT 2688,SL-2651,TRGT-2755
Читать полностью…
INTRADAY CALL UPDATE : BOOK PROFITS IN NIFTY PUT OPT 24150 07NOV SERIES AT 294 RECO LONGS GIVEN AT 245
Читать полностью…
INTRADAY CALL : BUY NIFTY PUT OPT 24150 07NOV SERIES AT-245,SL-,197,TRGT-333
Читать полностью…
POSITIONAL EQUITY CALL UPDATE : BOOK FULL PROFITS IN MACROTECH DVLP AT 1280, RECO LONGS GIVEN AT 1200 (CALL GIVEN ON 30 OCT 2024 )
Читать полностью…
*News Headlines from Business News Agencies:*
*Business Standard*
📝 Reliance Consumer targets chips, biscuits market with higher trade margins
📝 41% workers on contract in formal manufacturing sector in FY23: ASI data
📝 India's EV market sees festive season boost, reversing recent slump
📝 Banks, FIMMDA discuss MIBOR replacement with collateralised rate framework
📝 18 companies in Nifty-50 miss estimates in September quarter, shows data
📝 India boosts global share in petroleum, gemstone, sugar exports over 5 yrs
📝 Opec+ agrees to delay planned December output increase for one month
📝 Punjab paddy procurement crosses 8.5 MT, Centre says ops in full swing
📝 Anarock FY25 revenue may rise 40% on strong housing demand: Chairman Puri
📝 Construction of 12 river bridges completed for Gujarat bullet train project
📝 GX group aims for 60% reusable materials in products within two years: CEO
📝 Sebi proposes interest rate derivatives for hedging by REITs and InvITs
📝 India's progress on fossil fuel subsidy reform noteworthy, says ADB
*Economic Times*
📝 Coal India hopes to rejoin dividend list as ECL improves performance
📝 Ujjivan Small Finance Bank to apply for universal licence this fiscal: MD Sanjeev Nautiyal
📝 VW cost cutting necessary after 'decades of structural problems', CEO tells paper
📝 Govt infuses Rs 1,650 cr in RINL to keep it as a going concern
📝 Karur Vysya Bank strengthens retail footprint in Tamil Nadu and Karnataka
📝 Canara Bank aims Rs 6,000 cr recovery in H2 FY25
📝 Apollo Hospitals announces Rs 1,625 crore expansion in Mumbai and Lucknow
📝 Iron ore output up 5.5% at 135 MT in 1st half of FY25
📝 Suven, Cohance aim to double combined business revenue to Rs 6,000 cr by FY29
📝 Federal Bank acquires five floors office space in Mumbai’s Wadala from Varde Partners
📝 Telangana govt to come up with new energy policy soon, says Deputy Chief Minister
📝 Netflix India sees double-digit growth in revenue, profit for FY24
*Mint*
📝 FMCG firms caution price hike as input costs and food inflation rise
📝 US Fed set to cut rates for second time as it faces hazy post-election outlook
📝 DLF to develop ultra-luxury housing project worth ₹8,000 crore in Gurugram
📝 ONGC fails to get partner for Deen Dayal gas field for third time
📝 India may extend bid deadline for coal gasification scheme
📝 Maruti Suzuki expects festive momentum, wedding season to carry November sales
📝 India commits to protect 30% land, marine area to eliminate biodiversity loss
📝 Nvidia to replace Intel in Dow Jones Industrial Average
📝 FPIs dump ₹94,017 crore in Indian equities; outflow hit record-high in October
📝 Sundar Pichai shows confidence in firm's legal position on antitrust rulings
📝 China’s EV makers set sights on Latin America in global expansion
📝 Amazon India sees festive surge in luxury sales: Apple tablet sales up 10x
🏗️ Afcons Infrastructure Limited
Listing Date : Monday, Nov 04, 2024
BSE Script : 544280
NSE Code : AFCONS
IPO Price : ₹463
Things to watch this coming week 🚨
👉Big week for the market
👉US presidential election outcome and US fed rate decision out this week
👉US elections scheduled for 5th November
👉Strong US market close on Friday
👉Dow jones up 288 points , Nasdaq up 0.8% on Fri
👉Robust auto sales for M&M , Hero moto
👉M&M saw record monthly SUV sales, up 25% YoY at 54504 vs 43708 units
👉Swiggy IPO opens on November 6th, company aims to raise 11327cr through IPO route
👉Big earnings this week : Titan,Tata Motors, SBI , Trent to report earnings this week
US markets overnight:
US equities corrected Thursday's sell-off & closed in the green
-> SPX +0.41%, Nasdaq +0.80%
-> UST 10y yield +10 bps to 4.38%
-> US jobs were much lower than consensus expected for October (12k vs 100k expected)
-> Consensus expects a 25 bps cut next week (on Thursday)
-> Dollar Index +0.29% to 104.28
-> Brent Oil little changed @ $73.13