POSITIONAL EQUITY CALL UPDATE : BOOK FULL PROFITS IN PARAS DEFENSE AT 1081 RECO LONGS GIVEN AT 1021 ( CALL GIVEN ON 4 NOV 2024 )
Читать полностью…DERIVATIVE DESK : INTRADAY CALL UPDATE : BOOK PROFITS IN BANKNIFTY NOV AT 52707 RECO LONGS GIVEN AT 52605
Читать полностью…ACME Solar Holdings IPO Details : Issue Date : 6 NOV-2024 to 8 NOV-2024 Offer Price : 275-289 per equity share. Lot Size : 51 shares
Читать полностью…*News Headlines from Business News Agencies:*
*Business Standard*
📝 Govt estimates record 119.93 mt rice output for year 2024-25 Kharif season
📝 JNPA records nearly 12% rise in Oct container traffic to 614,651 TEUs
📝 Shreyas Srinivasan quits as Paytm's CPO after Zomato's Insider acquisition
📝 Airtel pushes DoT for non-discriminatory waiver in telecom sector reforms
📝 Maruti Suzuki-backed Bharat Seats to issue bonus shares for shareholders
📝 Thomson Reuters Q3 revenue rises 8% to $1.72 billion, beats expectation
📝 Apollo's Q3 profit increases 12% on gains from retirement business
📝 IBBI proposes mediation mechanism for operational creditors in IBC
📝 S Korea fines Meta $15 mn for illegally collecting info from Facebook users
📝 4.8 million weddings this year to generate over Rs 6 trillion: Cait
📝 Govt starts Phase-II of subsidised wheat flour, rice sale under 'Bharat'
📝 Iron ore climbs to over 2 week high on prospects of more China stimulus
*Economic Times*
📝 IndiGo co-founder Rakesh Gangwal becomes chairman of Southwest Airlines
📝 India, Kazakhstan to set up a JV in critical minerals sector
📝 Bajaj Finserv Mutual Fund files draft with Sebi for ELSS fund
📝 IHCL acquires majority shareholding in operating company of Tree of Life
📝 Aptus Value Housing Finance Q2 Results: Profit rises 22% to Rs 182 crore; dividend declared
📝 Marut Drones raises $6.2 million from Lok Capital
📝 QubeHealth raises pre-series A funding from UIV, CanBank
📝 NBCC secures Rs 500 crore contract from BIS
📝 Venus Remedies gets GMP approval for pre-filled syringe facility
📝 Fidelity marks up Lenskart valuation by 12% to $5.6 billion
📝 IL&FS seeks legal advice to recover excess remuneration paid to directors
*Mint*
📝 Power trading volumes in short-term market rise 12% in FY24
📝 JSW Steel and Korean steel-maker eye $7.7 billion investment in Odisha plant
📝 Muthoottu Mini Financiers launches NCD issue to raise ₹150 crore
📝 NMDC board to consider bonus issue for first time in 16 years on November 11
📝 Sebi’s move to curb option volumes to have substantial impact, says NSE chief
📝 Around ₹7,000-crore worth ₹2,000 banknotes yet to be returned to RBI
📝 MSCI review: Voltas, BSE, Adani Energy, among six stocks likely inclusions
📝 JK Cement cut volume growth guidance, but a timely expansion makes up for it
📝 Apollo Green Energy plans ₹1,500 cr capex to capitalize on India’s green push
📝 CastNX Secures ₹23.22 Cr Investment to Drive Power Electronics Innovation
📝 Ranjan Pai’s Claypond backs Easy Home Finance in $35 million funding round
US Markets end higher as traders await U.S. election results 💪
🇺🇸 Markets on Tuesday
DowJones +1.02%
Nasdaq +1.4%
S&P500 +1.2%
Big Movers
Nvidia +3%,
Tesla +3.5%
🇺🇸 Economic Data
Services purchasing managers’ index came in at 56.0, the highest reading since July 2022
Economists were expecting a reading of 53.7
Post US Election, attention turns to Federal Reserve’s November rate decision which is due on Thursday
Traders are pricing in a 99% chance of a 25 bps cut
Other Asset Classes
🇺🇸 10 year yield at 4.29%
💲 Dollar Index cools at 103.3
⛽️ Brent Crude at 75.5$/barrel
🪙 Gold at 2750$
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…INTRADAY CALL UPDATE : BOOK PROFITS IN NIFTY CALL OPT 24300 07NOV SER AT 187 RECO LONGS GIVEN AT 141
Читать полностью…POSITIONAL EQUITY CALL : BUY GANESHH AT 1160,SL-1111,TRGT-1275 (TWO MONTH HOLDING )
Читать полностью…Swiggy IPO Details : Issue Date : 6 NOV-2024 to 8 NOV-2024 Offer Price : 371-390 per equity share. Lot Size : 38 shares
Читать полностью…Things to know before trade 📰
📈Strong close in US overnight
📈Dow jones up 427 points
📈Dow futures jump 300 points, Russell 2000 futures gain
📈Market awaits US election results
📉 FIIs continue to be net sellers in India
📉 FIIs sold 2569cr in cash yesterday
FNO Data today
a. FII on Index Futures (3 Longs for 1 Short)
👉 Added 13.8k Longs
👉 Added 3.8k Shorts
🚨 FII Long:Short at 27%:73% 🚨
b. Clients net long at 2.25 lakh contracts!
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