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…🇺🇸 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
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 UPDATE : BOOK PROFITS IN NIFTY PUT OPT 24150 07NOV SERIES AT 294 RECO LONGS GIVEN AT 245
Читать полностью…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…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
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%