RELIANCE INDUSTRIES: Q3 CONS NET PROFIT 185.4B RUPEES VS 172.65B (YOY) || Q3 REVENUE 2.44T RUPEES VS 2.28T (YOY)
Q3 EBITDA 437.89B RUPEES VS 406.56B (YOY) || Q3 EBITDA MARGIN 17.96% VS 17.83% (YOY)
INTRADAY CALL UPDATE : CLOSE LONGS IN RELIANCE IND AT 1266 RECO LONGS GIVEN AT 1261
Читать полностью…Stallion India IPO Details : Issue Date : 16 JAN-2025 to 20 JAN-2025 Offer Price : 85-90 per equity share. Lot Size : 165 shares
Читать полностью…Securities in Ban For Trade Date 16-JAN-2025:
1 AARTIIND
2 ABFRL
3 ANGELONE
4 BANDHANBNK
5 HINDCOPPER
6 KALYANKJIL
7 LTF
8 MANAPPURAM
9 RBLBANK
Flows in Cash Market on 15-January-2025
👎 FII net sold ₹4533 cr
👍 DII net bought ₹3683
*News Headlines from Business News Agencies:*
*Business Standard*
📝 Wholesale price inflation soars to 2.37% in Dec; food prices see decline
📝 Automobile dispatches grow 12% in 2024 driven by consumer sentiment: Siam
📝 Redemptions from equity funds increase by 40% to Rs 4,645 billion in 2024
📝 DP World, AM Green ink pact to develop green fuel logistics infra
📝 China likely to cut pay by half for staff at its top 3 financial regulators
📝 Small Finance Banks' bottom-line to take hit on rising fund, credit costs
📝 Govt may forecast stronger growth next FY while sticking to fiscal targets
📝 RBI likely to manage FX reserves judiciously amid global headwinds
📝 India's plastic pipe market to grow, but PVC prices may pose challenge
📝 Hyundai India's slow EV ramp-up hurts its decarbonisation plan: Greenpeace
📝 US govt tightens its grip on AI chip, technology export across globe
📝 Fintechs capture 76% of personal loans as banks slowdown in H1 FY25
*Economic Times*
📝 India's palm oil imports slump in Dec as soybean oil gains market share
📝 L&T launches second multi-purpose vessel for Indian Navy
📝 Domestic aviation industry likely to clock Rs 2,000-3,000 crore net loss in FY25: Report
📝 O2 Power bags 800-MWh battery storage project in Rajasthan
📝 India to forecast stronger growth next year while sticking to fiscal deficit goals, sources say
📝 India said to promote its textiles as political crisis hits Bangladesh's exports
📝 BrightNight commissions Ist phase of 115 MW hybrid renewable project in Maharashtra
📝 BGauss raises Rs 161 cr from Bharat Value Fund
📝 HDFC AMC Q3 Results: Cons PAT jumps 31% YoY to Rs 641 crore, revenue up 39%
📝 Telecom spectrum in 6-Ghz band key to avoid 5G radio wave crunch: COAI
📝 JLR, Tata Communications strengthen partnership for connected car tech
📝 Uttar Pradesh discoms head for privatisation: Consultants to shape new PPP model
*Mint*
📝 SIP inflows surpass ₹2.89 lakh crore in 2024, December hits all-time high
📝 2025 to be India’s year in semiconductors: Minister Ashwini Vaishnaw
📝 QX Appoints Mandar Vanarse as Chief Technology Officer and Board Member
📝 Food Index Down 2.20%, Fuel 7 Power Index up 1.90% (MOM)
📝 Federal Bank revises interest rates on fixed deposits
📝 Telecom spectrum in 6-Ghz band key to avoid 5G radio wave crunch: COAI
📝 Healthcare Industry seeks tax cuts on insurance premiums & increased budgetary allocation in Budget 2025
📝 Rupee hits record low of 86.64 after maturity of NDF positions spurs dollar bids
📝 Centre asks small drugmakers to submit plans to meet quality norms in 3 months
📝 Praveen Someshwar appointed CEO of USL; to take over from Hina Nagarajan
📝 Meta likely to get Parliamentary Panel summons over election remark
Flows in Cash Market on 16-January-2025
👎 FII net sold ₹4342 cr
👍 DII net bought ₹2929 cr
INTRADAY CALL UPDATE : BOOK PROFITS IN BANKNIFTY CALL OPT 49200 30JAN SER AT 893, RECO LONGS GIVEN AT 790
Читать полностью…*News Headlines from Business News Agencies:*
*Business Standard*
📝 ITC Hotels plans to expand business internationally post-demerger
📝 NPCI International, UAE fintech partner to enable UPI for Indian travellers
📝 Tata Motors integrates artificial intelligence for vehicle safety
📝 India Inc's foreign borrowings decline 20.2% in CY2024 amid rupee fall
📝 Germany's economy shrinks for second consecutive year in 2024 amid election
📝 Oriental Hotels Q3 results: PAT down at Rs 13.99 cr, revenue surges 20%
📝 Govt should aim Rs 11 trn capex, give relief to taxpayers in Budget: ICRA
📝 CCI's ruling can force rollback of features, hurt business, warns Meta
📝 Vedanta Resources raises $1.1 billion through dual tranche bond issuance
📝 EcoZen raises $23 mn from Northern Arc Capital, responsAbility, others
📝 DPIIT signs agreement with ITC to help startups in manufacturing sector
📝 India, Oman looking at finalising comprehensive trade, investment deal soon
*Economic Times*
📝 India's fiscal conditions to constrain credit strength in 2025: Moody's
📝 Alembic Pharmaceuticals gets USFDA nod for generic antidepressant tablets
📝 India's restaurant industry shows signs of recovery; International brands will have edge: Report
📝 Haveus Aerotech gets DGCA approval for cargo handling-related equipment maintenance
📝 BlackRock assets hit record $11.6 trillion in fourth quarter of 2024
📝 Jio Finance in talks with lenders for maiden debt sale
📝 Bank of Maharashtra Q3 Results: PAT jumps 36% YoY to Rs 1,406 crore, gross NPAs drop 24 bps
📝 India poised to become world's 4th largest economy by 2026; GDP to grow 6.8% in FY25: PHDCCI
📝 Spacetech startup OrbitAID raises $1.5 million led by Unicorn India Ventures
📝 Skincare brand Foxtale raises $30 million led by Japanese beauty firm Kose Corporation
📝 International Battery Company to commence production at its 'Giga Factory Unit' in Bengaluru in 9 months
*Mint*
📝 IEA trims oil-demand outlook, but still expects stronger growth this year
📝 Green investments to rise 5x to ₹31 trillion through 2030: Crisil
📝 India's trade deficit declines to $21.94 bn in December
📝 India’s earnings growth mojo over emerging market peers is waning
📝 India to see more investments in 2025 as PEs look to deploy dry powder
📝 DHL Group to add 30% freight capacity in India
📝 Equentis looks to launch a Category II debt fund for small-town clients
📝 Mutual funds boost holding in Paytm to all-time high in December quarter
📝 J Kumar Infra receives letter of award for project worth ₹1,073 cr from NBCC
📝 US importers rush in goods from China as Donald Trump's tariff threat looms
📝 Institutional investments in real estate jump 61 pc in 2024; see challenges this year: Vestian
BIG BREAKING. Hindenburg decides to close operations. Here is the note from Nate Anderson.
hindenburgresearch.com/gratitude/
Next few weeks are crucial for the market 📈
➡️16th Jan: Reliance , Axis bank and Infosys Q3 results
➡️20th Jan : Donald Trump to take oath of office
➡️22nd Jan: HDFC bank Q3 results
➡️1st Feb : Union Budget
➡️7th Feb: RBI policy
➡️8th Feb : Delhi election results
INTRADAY CALL UPDATE : CLOSE POSITIONS IN BANKNIFTY PUT OPT 48700 3OJAN SER AT 666 SL HIT RECO LONGS GIVEN AT 48700
Читать полностью…INTRADAY CALL UPDATE : CLOSE POSITIONS IN NIFTY CALL OPT 23200 16JAN SER AT 55 SL HIT RECO LONGS GIVEN AT 83
Читать полностью…INTRADAY CALL UPDATE : BOOK PROFITS IN BANKNIFTY CALL OPT 48800 30JAN SER AT 925 RECO LONGS GIVEN AT 840
Читать полностью…US Markets end mixed, inflation data soft 😃
🇺🇸 Markets on Tuesday
#DowJones +0.5%
#NASDAQ -0.2%
S&P500 +0.1%
Big Tech continues to sell profit taking
Nvidia -1.1%
Meta Platforms -2.3%
Good news on Eco Data 😃
Producer price index+0.2% in December vs estimated +0.4%
Crucial Eco Data on Wednesday 👉Consumer price index report
Fed Rate Cut Uncertainity
Market pricing also suggests a 77.9% likelihood rates will stay at their current target range of 4.25%-4.5% in March
Source: CME FedWatch tool
Traders now pricing in the first rate cut of 2025 in September vs 50 basis points the Fed projected in December 🫢
Other Asset Classes
🇺🇸 10 year bond yield at 4.79%
💲Dollar Index cools from 26 month high to 109.23
⛽️ Brent Crude at 80$, U.S. government forecast of steady U.S. oil demand in 2025
🪙Gold at $2,669/ounce
💸 Bitcoin at 96850$
🏦 Big Banking Results on Wednesday
JPMorgan Chase
Citigroup
Goldman Sachs
Wells Fargo
FNO Data on 14th January 2025
FII on Index Futures (in contracts)
👉 Longs +7354
👉 Shorts +6981
🚨 FII Net Long:Short at 17%:83% 🚨
FII Net Shorts at 2.95 lakh contracts 🐻
Client Net Longs at 3.2 lakh contracts 🐂