*News Headlines from Business News Agencies :*
*Business Standard :*
📝 India, Australia firm up clean energy partnership; pushing mega trade pact
📝 Asia's jet fuel imports from India to hit multi-yr high in Nov, shows data
📝 Axis Bank, Bank of India eyeing to raise funds through AT-I bonds
📝 Tripura govt signs MoA with Tata Technologies for upgradation of 19 ITIs
📝 Adani Energy Solutions to acquire 100% stake in Pune- III Transmission
📝 Coal import by NRS, domestic thermal power plants drops 9.8% in H1FY25
📝 ReNew Energy's Q2 net profit rises 31% to Rs 440 crore on higher income
📝 OfBusiness hires Axis, JPMorgan, Citi among other banks for 2025 Indian IPO
📝 CIEL HR Services files draft IPO with Sebi, aims for Rs 335 cr via issue
📝 Parle Agro FY24 revenue down 12% to Rs 3,126 crore, profit slides 89%
*Economic Times :*
📝 Datta Power Infra signs MoU to invest Rs 5,000 cr in RE sector in Rajasthan
📝 Tropical Agrosystem to build new unit in Kharagpur, eyes expansion in Gujarat
📝 LG Saxena approves promotion of 295 CMOs in Delhi government hospitals
📝 Karnataka aims to attract $ 3 billion in space tech, aims half of country's marketshare
📝 Vedanta Aluminium signs pact with GAIL for supply of natural gas
📝 Equity investments in real estate sector to hit a new record surpassing USD 10 billion
📝 SECI signs MoU with H2Global Stiftung to promote green hydrogen initiatives
📝 Hope slowdown in urban discretionary demand is a blip, not structural: Sula Vineyards CEO
📝 Qcomm logistics enabler Blitz raises Rs 51 crore from IvyCap Ventures, others
📝 Paper and paperboard imports rise by 3.5 pc in April-September FY25
📝 Higher energy bills push UK inflation to 6-month high in October
*Mint :*
📝 India’s GDP growth likely moderated to 6.5% in Q2, says Icra
📝 India's services exports to surpass goods exports by FY30, says GTRI report
📝 Doodhvale Farms Raises $3M in Atomic Capital-Led Round to redefine India's
📝 UPL announces rights issue to raise ₹3,378 crore
📝 Honda Cars India announces big discounts on Amaze, City, and Elevate
📝 Nokia wins 5G extension deal from Bharti Airtel for its India operations
📝 Raheja Developers moves NCLAT against insolvency
📝 India's steel industry to grow at 8%; capacity to rise by 20 million tons by FY2027: reportp
📝 Relief for Airtel, Vodafone, Tata Tele as SC grants tax credit on infra item
📝 Department of Commerce welcomes resumption of FTA talks between India, UK
📝 Booking Holdings outpaces rivals with strong growth in alternative accommodation
*News Headlines from Business News Agencies:*
*Business Standard*
📝 Nissan Motor India commences export of new SUV Magnite to South Africa
📝 NTPC Green Energy IPO subscribed 33% on Day 1; retail portion fully booked
📝 Godrej Industries raises Rs 1,000 crore through NCDs in two tranches
📝 4.8 mn weddings boost business for jewellery, apparel, auto, and hotels
📝 EV players seek GST cut on batteries, charging services to boost adoption
📝 Russia's seaborne crude oil exports fall to lowest since September
📝 Hyderabad shines as fastest-growing city driven by real estate growth
📝 India among our top three focus markets globally, says Pearson executive
📝 Bio-plastics emerge as green alternative revenue play for sugar producers
📝 TAFE, AGCO claim legal relief from Madras HC in tractor brand dispute
📝 Sundaram Home Finance to expand in tier-3 towns of Western Tamil Nadu
📝 Sony in talks to buy Japan's media giant behind 'Elden Ring' video game
*Economic Times*
📝 Havells India to invest Rs 480 cr on new refrigerator manufacturing plant in Rajasthan
📝 Colt DCS, RMZ form joint venture to invest $1.7 billion in India data centres
📝 TS Suites by TableSpace Targets Rs 800 crore revenue by 2025, to enter newer cities
📝 BSE500 earnings downgraded by 3%; H2FY25 asking rate high: Nuvama
📝 Three-fourths of top taxpayers back Standard Audit File for Tax, Tax E-Wallet: Deloitte survey
📝 Birla Opus Paints opens 4th plant, eyes Rs 10,000 crores in revenue in first three years
📝 Walmart's promise of low prices proves to be a powerful draw in the third quarter
📝 Paytm UPI goes global; app users can make payments at select international locations
📝 FLY91 adds Solapur to its destination network
📝 NFO Alert: PGIM India Mutual Fund launches healthcare fund
📝 Indian steelmakers make new push for temporary tax to check cheap imports
📝 Waaree’s gross margins are much higher than last quarter and even on a H1 basis: CFO
*Mint*
📝 Meta to challenge ₹213-crore penalty by CCI over WhatsApp privacy policy
📝 RMZ, Colt DCS form JV to invest $1.7 billion in data centres across cities
📝 FICCI's EV head calls for tax cuts on batteries, charging to lower costs
📝 LTIMindtree extends contract with European Paytech provider Nexi Group
📝 Lightspeed set to lead clean-tech startup SolarSquare’s $30 mn funding round
📝 India should secure supply chains for nuclear fuel, says MEA special secretary
📝 JioStar, Prime Video set to transform India's advertising ecosystem
📝 NABH and RSSDI collaborate to improve quality of diabetes care in India
📝 P.F. Chang's expands its Pan-Asian Dining Experience to DLF Mall of India, Noida (NCR)
📝 India prioritizes equity, balance in free trade agreements: Piyush Goyal
📝 Apollo Tyres has to cover a lot of ground to reverse under-performance
INTRADAY CALL UPDATE : BOOK PROFITS IN NETWEB TECH INDIA AT 2877 RECO LONGS GIVEN AT 2825
Читать полностью…INTRADAY CALL UPDATE : BOOK PROFITS IN NIFTY CALL OPT 23600 21NOV SERIES AT 201 RECO LONGS GIVEN AT 150
Читать полностью…NSE & BSE EXCHANGES : Will be closed on 20-Nov due to Maharashtra State Elections.
Читать полностью…*News Headlines from Business News Agencies :*
*Business Standard :*
📝 Indian Railways plans 23 new container terminals to enhance cargo movement
📝 Tyre makers expected to see 7%-8% revenue growth this fiscal: CRISIL
📝 ESB chairperson Mallika Srinivasan gets one-year extension beyond 65 yrs
📝 Port delays and red tape strain India's 10,000 steel user units: GTRI
📝 Spirit Airlines files for bankruptcy after long run of quarterly losses
📝 SBI raises Rs 10,000 crore through 15-year infrastructure bonds at 7.23%
📝 Taiwan seeks economic partnership with EU to boost semiconductor ties
📝 India's Apollo Radiology acquires reporting wing of UK's InHealth Group
📝 Alibaba plans to raise $5 billion through dual currency bond issuance
📝 Goldman Sachs, Morgan Stanley downgrade China's economic growth outlook
📝 RBI to launch cloud services in 2025 to challenge global firm dominance
📝 Paddy procurement begins, target set to purchase 16 million tonnes
*Economic Times :*
📝 Indian REITs distribute Rs 2,754 crore in H1 FY24, up 14% YoY
📝 India's GCC ecosystem set to hit $100 billion by 2030: report
📝 GST Council to hold 55th meet on December 21 in Jaisalmer, Rajasthan
📝 Cost of borrowing very stressful, banks need to make interest rates affordable: FM Sitharaman
📝 Bajaj Finance FD book rises 21 pc to Rs 66,131 cr as on September-end
📝 MakeMyTrip to acquire Happay Expense Management Platform from CRED
📝 IndiaMart hires UpGrad's Saurabh Deep Singla as chief HR officer
📝 Hindalco expects to gain from China scrapping export tax rebate
📝 The Good Glamm Group completes acquisition of The Moms Co
📝 Govt to exceed FY25 direct tax collection target: CBDT chief
📝 HCLSoftware appoints Vikrant Chowdhary as SVP & country head for India
📝 SBI to open 500 new branches in the financial year 2025, says Nirmala Sitharaman
*Mint :*
📝 Tata Electronics to buy 60% stake in Pegatron's iPhone plant: Report
📝 RBI to take on Google, Microsoft with its first-ever cloud platform: Report
📝 India likely to attract USD 20-25 billion FPI inflows in FY25, recent outflow temporary: Bank of Baroda
📝 Urban labour market shows improvement as unemployment declines in September qtr
📝 Pharma, electronics and engineering goods among India's top exports in Apr-Oct
📝 Click2Pro Expands Mental Health Consultation Services across India
📝 Geniemode eyes ₹500 cr fundraise from new and existing investors
📝 Nykaa’s beauty business growth is a highlight, but margin is a sore spot
📝 HealthKart raises $153 million led by ChrysCapital, Motilal Oswal Alternates
📝 Oman’s OQ Seeks to Raise $490 Million From Methanol Unit IPO
📝 WeWork India appoints Jitendra Mohandas Virwani as non-executive chairman, Karan to be MD & CEO
Things you need to know 📰
➡️US markets close flat overnight
➡️Nifty down for 7th straight day
➡️ nifty below 200 DMA
➡️ FII sell 1403cr in cash yest
➡️ DII buy 2331cr in cash yest
➡️NTPC green energy IPO opens today
🇺🇸 Markets on Wednesday
#DowJones +0.3%
#Nasdaq -0.11%
S&P500 flat
🙁 Retailer Target -21% after posting its biggest earnings miss in 2 years & cutting its full-year guidance due to softening discretionary demand and cost pressures
Ripple Effect as Discount retailers slide 👎
SPDR S&P Retail ETF (XRT) -1%
Dollar Tree -2.6%
Dollar General -4.2%
Five Below -1.7%
E-commerce giant Amazon -1%
💪 Comcast +1.6% as the media company announced plans to spin off its cable networks, including MSNBC and CNBC.
According to CME’s FedWatch Tool 👉 Markets are pricing in a 59.1% chance of a 25 bps cut at the Fed’s December meeting versus 82.5% a week ago
Other Assets
⛽️ Brent Crude at $72.81/barrel
💲 Dollar index strengthens to 106.66
🇺🇸 10 year bond yield at 4.40%
🪙 Gold at $2,647/ounce, higher for 3rd straight session on escalating Russia-Ukraine tensions
🥈 Silver -0.6% to $31.03/ounce
💸 Bitcoin at 94760$
Stocks In After Market Hours
#NVIDIA -2% despite reporting better-than-expected results as co isn't topping expectations with the same magnitude as before.
Co reported +94% yoy surge in revenue for the 3rd quarter to $35.08 billion. Indicated growth will continue in the 4th quarter, guiding for revenues of about $37.5 billion
#Snowflake +19% after the data analytics software company beat expectations
What to track on Thursday?
1⃣ Economic data: Jobless claims and existing home sales
2⃣ Cleveland Federal Reserve President Beth Hammack, Chicago Fed President Austan Goolsbee & Kansas City Fed President Jeff Schmid are expected to give remarks throughout the day
3⃣ Corporate earnings front
INTRADAY CALL UPDATE : BOOK PROFITS IN BANKNIFTY CALL OPT 50700 27NOV SER AT 633 RECO LONGS GIVEN AT 545
Читать полностью…IPO ALER : DAY 1 : NTPC Green Energy IPO Details : Issue Date : 19 NOV-2024 to 22 NOV-2024 Offer Price : 102-108 per equity share. Lot Size : 138 shares
Читать полностью…Securities in Ban For Trade Date 19-NOV-2024:
1 AARTIIND
2 ABFRL
3 GNFC
4 GRANULES
5 HINDCOPPER
INTRADAY CALL UPDATE : CLOSE POSITIONS IN BANKNIFTY CALL OPT 50100 27NOV SER AT 685 RECO LONGS GIVEN AT 690
Читать полностью…