Wealthy stocks

04 Dec 2024 03:03

*News Headlines from Business News Agencies:*

*Business Standard*

📝 Rajya Sabha passes bill to boost investment in oil and gas exploration
📝 Festivals lift India's edible oil imports to four-month high in Nov
📝 TCS to modernise Bank of Bhutan's digital system, improve customer service
📝 Japanese firms eager to set up semiconductor units in India: Deloitte
📝 Electronics component manufacturers eye govt support in Budget 2025
📝 Fintech firm MODIFI targets to finance 5,000 SMEs in next 2-3 years
📝 India sees 92,000 patent filings in FY24, IP guidelines set for overhaul
📝 Crisil upgrades rating on Vedanta's long-term debt instruments to 'AA'
📝 China announces ban on Germanium, Gallium exports to US in tit-for-tat move
📝 Tata Power subsidiary commissions 431 MW DC solar project in MP
📝 Canara Bank increases fixed deposit rates, offers up to 7.90% interest
📝 Nomura has room to cut further $187 mn in costs: CEO Kentaro Okuda

*Economic Times*

📝 Indian airlines may take Rs 2,000-3,000 crore loss this fiscal even as more passengers rush to fly
📝 Lectrix EV looks to raise USD 100 mn to fund future growth
📝 Government not considering PSU bank merger: MoS Finance
📝 BlackRock to buy HPS Investment for $12 bn in major private credit push
📝 Hyundai Motor Group ties up with IITs to advance battery, electrification research
📝 Karman Drones, TCL join hands to co-develop UAVs solutions
📝 Amagi acquires Argoid AI to address streaming industry challenges
📝 Indian tea prices surge 18% amidst decline in production
📝 Warehousing construction cost surges by 6.7% in India
📝 Russia approves $320 mln sale of Carlsberg assets to local businessmen, document shows
📝 Novo Nordisk India execs urge early Wegovy launch as weight-loss rival looms

*Mint*

📝 Russia's crude oil and LNG shipments to Asia slip slightly in 2024: Russell
📝 Godrej Properties raises ₹6K cr via QIP mainly to acquire land for future development
📝 Swiggy Q2 Results: Net loss narrows to ₹625 crore in first earnings post IPO
📝 Demat accounts reach 179 million even as new additions decline to 3.5 million in October
📝 Voda Idea's revenue market share falls to all-time low in Q2FY25
📝 Quant hires mutual fund industry outsider as next CEO
📝 Captain Fresh in talks to raise up to $100 mn from new and existing investors
📝 Nigeria Raises $2.2 Billion in First Eurobond Issue Since 2022
📝 SpaceX weighs tender offer at roughly $350 billion valuation
📝 2024 Honda Amaze set to launch tomorrow with a bold new look and advanced tech
📝 Microsoft faces $1.27 billion antitrust lawsuit over cloud services in UK

Wealthy stocks

03 Dec 2024 13:38

PROV FIGS AS ON 03 DEC-24 (IN CRS)
FII/FPI : +3664.67
DII : -250.99

Wealthy stocks

03 Dec 2024 09:27

BTST CALL : BUY TATAMOT AT 803,SL-792,TRGT-822

Wealthy stocks

03 Dec 2024 09:18

BTST BUY PAYTM AT 905,SL-886,TRGT-965

Wealthy stocks

03 Dec 2024 07:22

INTRADAY CALL UPDATE : BOOK PROFITS IN AXISBANK AT 1160 RECO LONGS GIVEN AT 1150

Wealthy stocks

03 Dec 2024 05:59

INTRADAY CALL : BUY NIFTY CALL OPT 24350 5DEC SERIES AT-171,SL-126,TRGT-265

Wealthy stocks

03 Dec 2024 05:19

INTRADAY CALL BUY BANKNIFTY CALL 52300 OPT24 DEC SERIES AT 1022,SL-939,TRGT-1175

Wealthy stocks

03 Dec 2024 04:53

INTRADAY CALL BUY ACMESOLAR AT 267,SL-260,TRGT-295

Wealthy stocks

03 Dec 2024 04:47

BTST CALL UPDATE : BOOK PROFITS IN NETWEBTECH AT 2814 RECO LONGS GIVEN AT 2785

Wealthy stocks

03 Dec 2024 02:29

*News Headlines from Business News Agencies:*

*Business Standard*

📝 India's power consumption rises 5% to 125.44 billion units in Nov
📝 Coal India's total production up by 2% to 471 million tonnes in Apr-Nov
📝 Block deal activity hits 6-month low at Rs 25,669 crore as markets wobble
📝 India's potential GDP growth is in range of 6.5-7%, says CEA Nageswaran
📝 SBI planning to open 500 new branches across India in FY25: MoS Finance
📝 Tripura demands Rs 135 cr power dues from Bangladesh amid rising tensions
📝 Skoda targets sales surge in 2024 with new compact SUV Kylaq launch
📝 Commerce ministry reviewing India-US trade relations amid Trump statements
📝 Govt deploys advanced tech to enhance oversight over retail fuel outlets
📝 CBDT extends deadline to Dec 15 for taxpayers with overseas transactions
📝 Zepto CEO sees clear path to IPO in 2025 with profitability in focus
📝 Insurance premiums may drop if GST Council decides to reduce taxes: FM

*Economic Times*

📝 O2 Power inks pact to supply 100 MW electricity to East Central Railways
📝 India exports organic food products worth nearly $450 million till November 25 of FY2025
📝 RBI lifts its supervisory restrictions on Sachin Bansal-led Navi Finserv Limited
📝 AIFF signs commercial rights agreement with Shrachi Sports, Sony Sports to telecast I-League matches
📝 RBI moves, asset quality to push NBFCs slow down asset growth to 15 pc in FY25, FY26: Crisil
📝 Up to 75 pc of GST revenue comes from 18 pc slab: MoS Finance
📝 Indian SMEs see sustainability as a key driver for commercial success: DHL Express Global Sustainability Survey 2024
📝 India's wheat planting up 6.6%, rapeseed sowing drops
📝 Rupee remains one of the best-performing Asian currencies: MoS Finance
📝 MapMyIndia to spin off B2C unit; CEO Rohan Verma to head new venture
📝 MG to launch Cyberster electric convertible in January, to be priced around Rs 65-70 lakh
📝 Prosus invests $80 million in supply chain finance startup Mintifi for 10.6% stake

*Mint*

📝 Indian real estate attracts ₹75,500 cr investment from AIFs; highest among all sectors: Anarock
📝 Byju's insolvency: Riju Raveendran approaches NCLT to seek inclusion in case
📝 Swiggy to take 10-minute food delivery to tier 2 and 3 cities
📝 India rates market signals easing, likely via liquidity, after weak growth data
📝 Global South not responsible for environmental damage: Piyush Goyal
📝 GreenLine partners with Flipkart to power greener supply chains
📝 KEC International has tailwinds of order wins, financial leverage
📝 ₹200 cr recovered from realtors to compensate homebuyers, ₹500 cr more payable: MahaRERA
📝 Avg housing prices up 11pc in Jul-Sep in 8 cities, highest 32pc rise in Delhi-NCR: Report
📝 Ambuja Cements partners with Coolbrook for cement manufacturing with zero-carbon heating technology
📝 Building Apple products has become a side hustle for China’s biggest EV maker

Wealthy stocks

02 Dec 2024 10:11

INTRADAY CALL UPDATE : BOOK PROFITS IN ADANIPORTS AT 1217 RECO LONGS GIVEN AT 1203

Wealthy stocks

02 Dec 2024 09:46

BTST CALL BUY SBIN AT 835,SL-827,TRGT-859

Wealthy stocks

02 Dec 2024 09:37

INTRADAY CALL UPDATE : BOOK PROFITS IN RELIANCE IND AT 1309 RECO LONGS GIVEN AT 1295

Wealthy stocks

02 Dec 2024 08:38

INTRADAY CALL BUY BANKNIFTY FUT DEC SERIES AT 52175,SL-51999,TRGT-52399

Wealthy stocks

02 Dec 2024 08:01

INTRADAY CALL UPDATE : BOOK PROFITS IN NIFTY CALL OPT 24100 5DEC SERIES AT 244 RECO LONGS GIVEN AT 200

Wealthy stocks

04 Dec 2024 02:33

🇺🇸 Markets on Tuesday
#DowJones -0.17%
#Nasdaq + 0.4%
S&P500 +0.05%

Apple rose to a fresh 52-week high 🚀

🇺🇸 Economic data released
👉 Job openings were higher in October compared to September. Job openings hit a total of 7.74 million, topping the Dow Jones estimate of 7.5 million

Federal Reserve’s policy meeting on Dec. 17-18
👉 Fed funds futures are currently pricing in a roughly 72% probability that the central bank lowers interest rates
Source: CME’s FedWatch Tool.

Other Assets
💲 Dollar Index at 106.4
🇺🇸 10 year yield at 4.23%
⛽️ Brent Crude +2% at 73.5$/barrel, ahead of OPEC+ meeting
🪙 Gold at $2,665/ounce
💸 Bitcoin at 95720$

Stock in extended trading
🚀 Salesforce +10%. Company posted fiscal third-quarter revenue that beat estimates
🚀 Marvell Technology (developer of integrated circuits) +10%. After issuing rosy guidance for the current quarter

What to track on Wednesday?
a. Economic Data
-ADP private payrolls report for November, which is expected to show growth of 163,000 positions
-S&P Global U.S. Services Purchasing Managers’ Index, factory orders and durable goods
b. On the Federal Reserve front
-Chair Jerome Powell will be speaking in New York in a moderated discussion Wednesday afternoon.
c. Earnings due Chewy, Dollar Tree & Foot Locker

Asian markets 👉 South Korea stocks -2% after President Yoon imposes and then lifts martial law

Wealthy stocks

03 Dec 2024 09:53

INTRADAY CALL : CLOSE LONGS IN ACMESOLAR AT 272 RECO LONGS GIVEN AT 267

Wealthy stocks

03 Dec 2024 09:23

BTST CALL : BUY OIL INDIA LTD AT 484,SL-477,TRGT-505

Wealthy stocks

03 Dec 2024 09:06

INTRADAY CALL UPDATE : NIFTY CALL OPT 24350 5DEC SERIES AT 213 RECO LONGS GIVEN AT 171

Wealthy stocks

03 Dec 2024 06:18

INTRADAY CALL BUY AXISBANK AT 1150,SL-1138,TRGT-1168

Wealthy stocks

03 Dec 2024 05:50

INTRADAY CALL UPDATE : BOOK PROFITS IN BANKNIFTY CALL 52300 OPT24 DEC SERIES AT 1113 RECO LONGS GIVEN AT 1022

Wealthy stocks

03 Dec 2024 05:02

BTST CALL UPDATE : BOOK PROFITS IN MGL AT 1263 TARGET HIT RECO LONGS GIVEN AT 1237

Wealthy stocks

03 Dec 2024 04:49

BTST CALL UPDATE : BOOK PROFITS IN SBIN AT 842 RECO LONGS GIVEN AT 835

Wealthy stocks

03 Dec 2024 04:33

CUES FOR TODAY
- Market rallies in the 2nd half of trade, yesterday
- Gift Nifty suggests flattish start
- Range-bound consolidation likely, until RBI Policy outcome

WALL ST OVERNIGHT
Dow -0.3%
S&P 500 +0.24%
Nasdaq +0.97%

INDIA CASH MARKET FLOWS
FII -238 Cr
DII +3589 Cr

FIIs Sell 582 Cr in Index Futures
FII Long Exposure at 33%, Net Exposure at -1.24 Lk contracts

Options data and recent moves suggest
Nifty Range at 24000-24350
Nifty 20 DMA at 23985

ITC Important to track
- Sources Say: GoM Likely To Propose A New ‘Special Rate’ Of 35% On Tobacco & Tobacco Products, Aerated Beverages

- Other Stocks in Focus
Torrent Power: To Raise Up To 3,500 Cr Via QIP, Issue Price 1,503/sh

Solar Ind: Bags Export Order Worth 2,039 Cr For Supply Of Defence Products

Safari Ind: Commences Production At New Luggage Facility In Jaipur

Protean: Bags An Order Worth 161 Cr From CERSAI

Pricol: To Acquire Sundaram Auto Components’ Injection Moulding Biz For `215 Cr

RBL Bank: Enters F&O Ban

Wealthy stocks

02 Dec 2024 16:24

PROV FIGS AS ON 02 DEC-24 (IN CRS)
FII/FPI : -238.28
DII : +3588.66

Wealthy stocks

02 Dec 2024 09:50

BTST BUY NETWEBTECH IND AT 2785,SL-2757,TRGT-2888

Wealthy stocks

02 Dec 2024 09:42

BTST CALL : BUY MGL AT 1237,SL-1221.TRGT-1259

Wealthy stocks

02 Dec 2024 09:33

INTRADAY CALL UPDATE : BOOK PROFITS IN BANKNIFTY FUT DEC SERIES AT 52310 RECO LONGS GIVEN AT 52175

Wealthy stocks

02 Dec 2024 08:12

INTRADAY CALL BUY RELIANCE IND AT 1295,SL-1282,TRGT-1319

Wealthy stocks

02 Dec 2024 06:09

INTRADAY CALL UPDATE : EXIT POSITIONS IN NETWEBTECH AT 2777 SL HIT RECO LONGS GIVEN AT 2805