-
Get the latest news and updates for markets in one place from wealthy broking
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
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 : BUY BANKNIFTY CALL OPT 51800 06NOV SER AT 600,SL-500,TRGT-888
Читать полностью…
From Bloomberg | #HDBFinancial Files For ₹12,500 Cr #IPO
Читать полностью…
PROV FIGS AS ON 30 OCT-24 (IN CRS) FII/FPI : -4613.65
DII : +4518.25
INTRADAY CALL UPDATE : CLOSE POSITIONS IN SELAN EXP AT 887 RECO LONGS GIVEN AT 902
Читать полностью…
INTRADAY CALL UPDATE : BOOK PROFITS IN RADICO AT 2312 RECO LONGS GIVEN AT 2265
Читать полностью…
INTRADAY CALL UPDATE : BOOK PROFITS IN NIFTY CALL OPT 24350 31OCT SERIES AT 174 RECO LONGS GIVEN AT 131
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$
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…
INTRADAY CALL : BUY APLLTD AT 1100,SL-1088,TRGT-1149
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…
INTRADAY CALL : BUY RADICO AT 2265,SL-2248,TRGT-2325
Читать полностью…