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
Celebrate this Diwali with exclusive perks! 🪔
*Trade during Muhurat with zero brokerage fees*—our way of saying thank you for your trust and partnership.
✨ Our research team has curated top stock picks to help you kickstart the new financial year with promising opportunities.
*Muhurat Trading Timings:*
1. Pre-opening: 5:45 PM to 6:00 PM
2. Equity Trading: 6:00 PM to 7:00 PM
3. Derivatives Trading: 6:00 PM to 7:00 PM
Let’s make this festive season one of growth and prosperity😊
The Diwali 🪔 Muhurat trading session this year will be held on Friday, November 1, 2024, from 6:00 PM to 7:00 PM.
Читать полностью…INTRADAY CALL UPDATE : CLOSE POSITIONS IN BANKNIFTY CALL OPT 51800 06NOV SER AT 500 SL HIT RECO LONGS GIVEN AT 600
Читать полностью…INTRADAY CALL UPDATE : CLOSE POSITIONS IN SELAN EXP AT 887 RECO LONGS GIVEN AT 902
Читать полностью…INTRADAY CALL UPDATE : BOOK PROFITS IN NIFTY CALL OPT 24350 31OCT SERIES AT 174 RECO LONGS GIVEN AT 131
Читать полностью…INTRADAY CALL UPDATE : EXIT POSITIONS IN BANKNIFTY PUT OPT 52000 30OCT SER AT 185 SL HIT RECO LONGS GIVEN AT 285
Читать полностью…INTRADAY CALL UPDATE : BOOK PROFITS IN NETWEBTECH IND AT 2601 RECO LONGS GIVEN AT 2565
Читать полностью…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$
New Mainboard IPO
Niva Bupa Health Insurance Limited
Date : 7-11 November
Issue Size : 2200 Cr
Fresh - 800 Cr
OFS - 1400 Cr
FV : 10
Retail : 10%
FY23
Premiums Earned : 2,663 Cr
PAT : 12.5 Cr
FY24
Premiums Earned : 3,881 Cr
PAT : 81.9 Cr
Q1 FY25
Premiums Earned : 743.6 Cr
Net Loss : (18.8 Cr)
Today's Headlines :
*Economic Times*
📝 Bank lending rates dip sequentially, while deposit rates rise
📝 Brigade Hotel Ventures files DRHP for Rs 900 crore IPO
📝 HDFC Bank's arm HDB Financial files papers for Rs 12,500 crore IPO
📝 Tata Investment Q2 Results: Cons revenue jumps 15% YoY to Rs 142 crore. Net profit flat at Rs 124 crore
📝 India 10-year bond yield posts biggest rise in 6 months as US peers spike
📝 Centrum to sell stakes in housing finance arm by March
📝 India may face 24.7% GDP loss by 2070 thanks to climate change: ADB report
📝 Country Delight raises Rs 200 crore in debt from Alteria Capital
📝 Mygate boosts revenue by 35% and cuts losses by 82% in FY24
*Business Standard*
📝 Spot AI secures $31 mn, launches Video AI Agents for enhanced surveillance
📝 NPCI COO Rai quits, takes over as MD and CEO of commodity exchange MCX
📝 Ather Energy sets monthly record with over 20,000 scooters shipped in Oct
📝 FMCG sector flags urban consumption slowdown as food inflation bites
📝 Persana AI raises $2.3 million to tap sales intelligence market growth
📝 EKA Mobility lands Rs 3,000 cr deal to manufacture 1,500 electric buses
📝 Brics+ group expected to surpass G7 in global trade by 2026: EY India
📝 Banking lending to industry up 42.8% in H1FY25; credit to NBFC shrinks
📝 Cognizant Q3 FY24 net up 10.8%; narrows revenue growth guidance for FY24
📝 US imposes sanctions on suppliers supporting Russia's war efforts
*Financial Express*
📝 Indian Railways enhances safety measures for passengers
📝 NLC, SJVN green IPOs to hit the market in 2025
📝 Gold investment demand in Q3 highest in 12 years: World Gold Council
📝 GMP enforcement from December-end to hit MSME pharma units
*Mint*
📝 Colombia Cuts Key Rate to 9.75% as Fiscal Risks Spook Market
📝 October Sell-Off: Nifty 50 tumbles 6% to log worst monthly show since March 2020
📝 Microsoft earnings show AI is bolstering demand for cloud services
📝 California announces sustainable fuels partnership to curb emissions from planes
📝 RBI may cut repo rate by 25 bps to 6.25% in December, say economists.
POSITIONAL EQUITY CALL : BUY MACROTECH DVLP AT 1200,SL-1165,TRGT-1350 (ONE MONTHS HOLDING )
Читать полностью…INTRADAY CALL UPDATE : BOOK FULL PROFITS IN APLLTD AT 1120 RECO LONGS GIVEN AT 1100
Читать полностью…Celebrate this Diwali with exclusive perks! 🪔
*Trade during Muhurat with zero brokerage fees*—our way of saying thank you for your trust and partnership.
✨ Our research team has curated top stock picks to help you kickstart the new financial year with promising opportunities.
*Muhurat Trading Timings:*
1. Pre-opening: 5:45 PM to 6:00 PM
2. Equity Trading: 6:00 PM to 7:00 PM
3. Derivatives Trading: 6:00 PM to 7:00 PM
Let’s make this festive season one of growth and prosperity😊
*TWO SETTLMENT PAY IN AND PAYOUT ON 04.11.2024*
*TRADE DONE ON 31.10.24 AND ON 01.11.2024 (Muhurat Trading Session) PAY IN and PAYOUT is on 04th Nov 2024*
*DO NOT SELL SHARES ON 01st NOV 2024 WHICH WAS BOUGHT ON 31st OCT 2024*
INTRADAY CALL UPDATE : EXIT POSITIONS IN NIFTY CALL OPT 24400 31OCT SERIES AT 76 SL HIT RECO LONGS GIVEN AT 131
Читать полностью…INDEX CALL : INTRADAY CALL : BUY NIFTY CALL OPT 24400 31OCT SERIES AT-131,SL-,76TRGT-255
Читать полностью…