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Flows in Cash Market on 4th October 2024 👇
👎 FII net sold ₹9896cr
👍 DII net bought ₹8905 cr
Things to know before trade: 4th october 📰
👉GIFT nifty down 70 points indicating weak start
👉Dow down 184 points overnight
👉S&P 500, Nasdaq end flat
👉all eyes on September jobs report due Friday morning in the US
👉Large foreign investor selling yesterday
👉FIIs sold 15243cr in cash market yesterday
👉U.S. crude oil jumps as Biden comments on possible Israel retaliation against Iran
👉Brent crude above 77$/bbl
BSE - WEEKLY INDEX DERIVATIVES CONTRACTS ON SENSEX 50 WILL BE DISCONTINUED EFFECTIVE NOV 14 END OF DAY
BSE: WEEKLY INDEX DERIVATIVES CONTRACTS ON BANKEX WILL BE DISCONTINUED EFFECTIVE NOV 18 END OF DAY
INTRADAY CALL UPDATE : BOOK PROFITS IN BANKNIFTY PUT OPT 52400 9OCT SERIES AT 440 RECO LONGS GIVEN AT 380
Читать полностью…
Q2 Earnings Date
10th Oct: GM Breweries
10th Oct: AnandRathi
10th Oct: IREDA
10th Oct: Tata Elxsi
10th Oct: TCS
14th Oct: Angel One
14th Oct: Gopal Snacks
14th Oct: HCL Tech
15th Oct: HDFC AMC
15th Oct: HCFC Life
16th Oct: Bajaj Auto
16th Oct: CRISIL
16th Oct: LTTS
16th Oct: Mphasis
17th Oct: Nestle
17th Oct: Infosys
17th Oct: Wipro
18th Oct: ICICI General
19th Oct: HDFC Bank
19th Oct: Tech Mahindra
21st Oct: Ultratech
22nd Oct: Coforge
22nd Oct: ICICI Pru
22nd Oct: Persistent
22nd Oct: Zensar
23rd Oct: KPIT Tech
23rd Oct: Navin Fluorine
23rd Oct: Pidilite
24th Oct: Cyient
24th Oct: Max India
24th Oct: NAM India
24th Oct: UBL
25th Oct: Atul
25th Oct: Novartis
25th Oct: Poonawala Fincorp
26th Oct: ICICI Bank
26th Oct: JK Cement
26th Oct: IDFC First Bank
28th Oct: CAMS
28th Oct: Gillette
29th Oct: Cipla
29th Oct: Dabur
29th Oct: Honeywell
INTRADAY CALL : BUY AXISBANK AT 1208,SL-1196,TRGT-1233
Читать полностью…
5 Imp Stocks in the news : 3rd October
1⃣Hero moto 👍
strong sales in September , better than expected
September 2024: total sales growth of 18.8% YoY at 6.37 lakh vs 5.36 lakh units YoY
Growth is led by motorcycle segment , at 20.8% YoY
Scooter segment is weak , down 6.4% YoY at 39521 vs 42229 units
2⃣Dabur - Weak Q2 quarterly update 👎
Company is expected to post mid single digit decline in consolidated revenues for the quarter
Operating margin is expected to decline in a range of mid to high teens due to deleverage and continued investment behind brands
3⃣Marico👍
domestic business posted mid-single digit volume growth
Saffola Oils posted low single digit revenue growth
Company expects to deliver double-digit revenue growth in this year
4⃣KPIT tech 👍
JP morgan upgrades KPIT tech to overweight from Neutral
target price 2000rs
5⃣Maruti 👎
September sales lacklustre, In line with expectations
total sales up 1.9% to 1.84 lakh units, in-line with poll of 1.83 lakh units.
Domestic sales down 1.5% YoY
Things to know before trade: 3rd October 📰
👉US markets close flat overnight
👉all eyes on US jobs report due later this week
👉middle east tensions weigh on global markets
👉Brent crude prices above 74$/bbl
👉Israel vows 'painful' response to Iran missile attack
👉Nikkei rises 2.5% as Yen weakens
👉Markets in mainland China will remain closed until Oct. 8 for a week-long holiday
👉Nifty closed below 25800 on Tuesday
👉Large foreign selling seen
👉FIIs sold 5579cr in cash on Tuesday , DIIs bought 4609cr in cash
👉Jefferies' Chris Wood has reduced his weightage on India by 1% and increased his weightage on China by 2%
👉Indian markets to react to new SEBI rules on F&O trading
SEBI issues circular on F&O
F&O related rules will be applicable from 20th November
Upfront premium from option buyers from February 1
Monitoring of Intra-day Position Limits
Derivatives minimum trading amount raised to `15 Lk
Minimum trading amount increased from `5 Lk to `15 Lk
News Headlines from Business News Agencies:
Business Standard
📝 Mankind Pharma board approves fundraising plan of up to Rs 10,000 cr
📝 India, US may sign pact on critical minerals to bolster trade ties
📝 Bharti Airtel prepays Rs 8,465 crore to DoT for spectrum acquired in 2016
📝 Govt extends income tax audit report deadline to Oct 7
📝 India's current account deficit widens to 1.1% of GDP in April-June 2024
📝 Aurobindo Pharma subsidiary gets 10 observations from USFDA for API plant
📝 India's fiscal deficit for Apr-Aug at Rs 4.35 trn, 27% of full-year target
📝 Wedding rush: 4.8 million couples to spark Rs 5.9 trillion economic surge
📝 AT&T sells 70% stake in DirecTV to private equity firm TPG for $7.6 bn
📝 Adani Airport Holdings raises Rs 1,950 crore through biggest bond issue
📝 Vodafone and Hutchison offer price pledge to answer UK's merger concerns
Economic Times
📝 Oil companies making Rs 15/ltr profit on petrol even as consumers await big price cuts
📝 India moves to current account deficit of $9.7 bn in Q1FY25 from surplus in previous quarter
📝 RBI deputy governor calls for strengthening governance at small finance banks
📝 Delhi government sets up 24x7 'Green War Room' to tackle winter pollution
📝 Tata Power to invest Rs 1.2 lk crore in power distribution, transmission and renewables in Rajasthan
📝 India's core sector declines by 1.8% in August
📝 Kalpataru Projects International bags orders worth Rs 1,241 crore
📝 Swiggy, Hyundai, Vishal Mega Mart among 5 IPOs approved by Sebi; Innovision prospectus returned
📝 Dr Reddy's completes acquisition of Haleon's NRT portfolio
📝 Dwarka Expressway to become India's first free flow tolling system with no toll plazas in next few months
Mint
📝 Indian Oil Corporation withdraws ₹22,000 crore rights issue
📝 India’s core sector output growth contracts by 1.8% in August
📝 Cred eyes new products as revenue surges, losses shrink in FY24
📝 Monsoon ends with 8% surplus, rains 14% below normal in east and northeast
📝 Epic Games to sue Google, Samsung over alleged app-store scheme
📝 Metro Brands is treading slowly on the growth track
📝 Govt to unveil Business Reforms Action Plan 2024 to boost ease of doing business
📝 China markets surge in wild end to the quarter
📝 Peak XV, Google, Hillhouse eye part exits as CarDekho plans IPO
📝 Wakefit enters Rs 1,000 crore revenue club, returns to Ebitda profitability
📝 Tata Power to invest ₹1.2 trillion in Rajasthan for renewable energy projects
SEBI TODAY DID NOT DISCUSS F&O TRADING NORMS IN TODAYS BOARD MEET
Читать полностью…
ALERT : SEBI board meeting: Row over Madhabi Buch, tighter F&O rules, MF-Lite among top agenda today.
Читать полностью…
🏦 Manba Finance Limited IPO
Listing Date : Mon, Sep 30, 2024
BSE Script : 544262
NSE Code : MANBA
IPO Price : ₹120
GMP : ₹40 (as per various reports)
SEBI Board meeting on Sept 30th
KEY AGENDA on F&O : Sources & News Reports
- SEBI Board likely to discuss on India Derivative Market Framework
- F&O Expiry Regulations, Losses to Retail investors in Option segment likely to be discussed
- Recent SEBI discussion paper indicated one index-based weekly contract per stock exchange
- SEBI may propose minimum contract value would be increased to Rs 15-20 lakh at launch and then later to Rs 20-30 lakh (to deter retail investors), strike prices would be rationalised
Things to know before trade🗞️
👉Strong US market close
👉Dow jones up 260 points overnight
👉Nasdaq up 0.6%
👉S&P 500 at fresh record high for 3rd time this week
👉economic data on Thursday assured investors of strength of the U.S. economy.
👉Initial jobless claims had fallen more than expected, indicating a strong labor market
👉final reading of second-quarter US GDP data came in at 3%.
👉Nifty firm above 26200 , saw 6th straight day of gains yesterday
👉nifty has gained 1300 points since September 11
👉Large buying from domestic institutions continues
👉DIIs buy in cash for 4th straight day
👉DIIs buy 2405cr in cash market yesterday, FIIs buy 629cr
US jobs very strong, Fed repriced !
1. September NFP at 254k vs 150k expected, 159k revised up prior
2. Unemployment rate falls to 4.1% vs 4.2% prior
3. Average hourly earnings sticky & prior month's revised up
US yields soar, equities in the green !
*GIFT Nifty -70 pts (25408) from last trade 25478 ,*
Nikkei +7 pts ,
Hangseng -98 pts ,
Now @6.52am .
Dow -184.93 pts ,Nsdq -6.65 pts, S&P
-9.60 pts , Bovespa -1843 pts , Ftse -8 pts , Dax -149 pts , Cac -99 pts , Crude @ $73.90 brl (+0.19), Brent @ $77.62 brl (+0.00) , Gold @ 2675.00 (-4.20), Silver $32.29 (-0.17), Euro @ $1.1036, JPY @ $146.89, INR @ 83.975
*Today's Corporate Action*
*4th Oct Ex Date*
ACCELYA
Final Dividend - Rs. - 40.0000
CLASELE
Bonus issue 5:1
GPIL
Stock Split From Rs.5/- to Rs.1/-
KPIGREEN
Final Dividend - Rs. - 0.2000
REALECO
Stock Split From Rs.10/- to Rs.2/-
SHIKHARLETR
Bonus issue 3:1
*Today's Key Results/Board Meetings*
*04-Oct-24*
ARISE
A.G.M.;General
GRAVITA
General
NRBBEARING
Interim Dividend
RDBRIL
Increase in Authorised Capital;Preferential Issue of shares
*Stock under F&O ban on NSE*
*04-Oct-24*
1 BANDHANBNK
2 BSOFT
3 GRANULES
4 HINDCOPPER
5 MANAPPURAM
6 RBLBANK
INTRADAY CALL UPDATE : BOOK PROFITS IN NIFTY PUT OPT 25500 3OCT SERIES AT 194 RECO LONGS GIVEN AT 108
Читать полностью…
INTRADAY CALL : BUY NIFTY PUT OPT 25500 3OCT SERIES AT-108,SL-69,TRGT-222
Читать полностью…
INTRADAY CALL : BUY BANKNIFTY PUT OPT 52400 9OCT SER AT 380,SL-313,TRGT-525
Читать полностью…
CUES FOR TODAY
Gift Nifty -300 Pts
Key Hurdles Today:
• Escalating tensions b/w Iran & Israel
• Nifty Weekly Expiry
• SEBI’s circular to tighten F&O norms
• Q2 Dampener from Dabur
Chris Wood: Cuts India weight by 1% citing global geopolitical tensions
Can the bull market climb this wall of worry?
Cash Flows
- FII sold 5579 Cr; DII bought 4610 Cr on Tuesday
- FIIs have sold $2 Bn in last 2 sessions
Index Futures
- FIIs net Sold 1495 Cr on Tuesday, unwound 14000 Longs, Added 6300 Shorts
- FII Long Exposure down from 82% to 79% in 3 sessions
- HNIs, Clients Long Exposure up from 34% to 38% in 3 sessions
Nifty
Options Based Expiry Range: 25550-25850
20 DMA: Key Level to Track
Nifty 25505
Nifty Bank 52538
Stocks in Focus
- Dabur: Q2 Revenue down in mid-single digits, margins to decline
- Marico Q2: Revenue higher in mid-single digits, Bangladesh grew in double digits
- VMART Q2: Overall Revenue +20%, SSSG +15%
- Hero Moto & Eicher: Sep Sales > Estimates
- Oil related stocks in focus due to higher crude price, Iran-Israel tension
- BirlaSoft: Enters F&O Ban
- Balrampur Chini: Exits F&O Ban
*News Headlines from Business News Agencies :*
*Business Standard :*
📝 Institutional investments in real estate rise 45% in Jul-Sep: Colliers
📝 Govt discussing proposal to formulate scheme for 'Made in India' label
📝 NBFC loan sanctions rise 12% in Q1FY25, home and auto loans drive growth
📝 THDCIL to invest Rs 8,800 cr in pumped storage projects in Raj: CMD Vishnoi
📝 Cap goods, engineering firms see new order wins worth Rs 2 trn in H1FY25
📝 WJ Towell & Co raises claim in arbitration from Blue Star to Rs 461.74 cr
📝 Banks to seek govt guarantee on equity conversion before lending to Vi
📝 Samsung India workers observe one-day token fast near Chennai factory
📝 Zydus Lifesciences receives USFDA approval to produce prostrate cancer drug
📝 Pharmaceutical firms up their game to crackdown on spurious drugs
*Economic Times :*
📝 Tata Motors to accelerate maintenance shutdown amid rising stockpiles, declining sales
📝 SBI to add 600 branches in its network during FY25: Chairman Setty
📝 DGGI sends 300 notices to cos' top brass over input tax credit
📝 Company registrations decline 21% in Sept, LLPs rise 8%
📝 Shining bright: Gold loans are the fastest growing category for NBFCs, industry data shows
📝 JSW MG Motor retail sales fall 8% to 4,588 units in September
📝 GNPAs to improve to decadal low in FY25; MFI loans, unsecured need to be watched: Crisil
📝 Petrol sales rises 2.8% in September, diesel drops 2%
📝 Delhi govt to audit DISCOMs on pension surcharge issue
*Mint :*
📝 Reliance Group to build solar and hydro-power projects in Bhutan
📝 Tribunal orders lenders of insolvent Siti Networks to return ₹148 cr to company
📝 Tesla misses estimates, demand hit amid competition in China & Europe market
📝 CRISIL removes IIFL Finance from ‘Rating Watch’, reaffirms long-term rating
📝 Grover Zampa sharpens focus on premium wines after ₹90 cr capital boost
📝 Titan’s Helios to launch exclusive luxury watch stores as demand surges
📝 Mankind Pharma secures CCI approval for ₹13,360-crore worth acquisition of BSV
📝 Dabur India expects mid-single digit revenue dip due to floods, inventory issues
📝 Google offers to settle anti-trust case in smart TV probe
📝 Jet Airways' winning bidder claims lenders want to sell airline assets as scrap
*News Headlines from Business News Agencies:*
*Business Standard*
📝 IIFL Home Finance to raise up to Rs 3,000 cr via public issue of bonds
📝 Ashiana Housing bets on senior housing facilities to drive profit
📝 Varindera Constructions files draft papers to secure Rs 1,200-cr via IPO
📝 Digi Yatra to be made available in regional, int'l languages: Official
📝 Ashok Leyland, travel tech firm FlixBus sign deal for inter-city mobility
📝 Ahead of festive season, 19 kg commercial LPG price hiked by Rs 48
📝 Govt proposes to amend Geographical Indications law, seeks comments
📝 Ireda sees 303% surge in loan sanctions, reaching Rs 17,860 cr in Apr-Sept
📝 FCI to install modern video surveillance system at 561 storage depots
📝 UPI crosses 500 million daily transactions; value falls flat in September
📝 Boeing considers raising at least $10 billion by selling stock: Report
*Economic Times*
📝 Tata Motors total domestic sales down 15 pc at 69,694 units in Sep
📝 NCLAT upholds tribunal’s order of Sarda Energy’s acquisition of SKS Power Generation
📝 Oil prices drop over 2% to $70/bbl as prospects of additional supply offset Mideast fears
📝 Rupee ends little changed, exporter dollar sales help counter dip in Asia FX
📝 Avaada Group commits Rs 1 lakh cr investment in Rajasthan
📝 NTPC arms commission 50 MW solar project in MP, 98.78 MW in Rajasthan
📝 Ola Electric's dominance fades as Indian e-scooter battle intensifies
📝 Kia India sales up 17 pc in September at 23,523 units
📝 Highway Infrastructure, Jaro Education file DRHPs with Sebi to raise funds through IPO
📝 Corporate credit profile robust in H1; 202 issuers got rating upgrades: Ind-Ra
📝 German competition watchdog vows closer eye on Microsoft
*Mint*
📝 RVNL secures order worth ₹283.69 crore from East Coast Railway
📝 Ford in talks with Tamil Nadu govt. for potential EV manufacturing in India
📝 Sony Pictures CEO Tony Vinciquerra to step down; Ravi Ahuja named successor
📝 China’s housing glut collides with its shrinking population
📝 NCLAT issues notice to ICICI Securities in delisting case
📝 India’s manufacturing activity eases to an eight-month low in September
📝 Samsung may introduce fees for Galaxy AI features by late 2025: Report
📝 GST-related anti-profiteering regime ends in March, marks shift to free pricing
📝 M&M auto sales rise 16% YoY to 87,839 units in September; tractor sales up 2%
📝 SoftBank to invest $500 million in OpenAI amid $6.5 bn funding round: Report
📝 Kharif sowing reaches 110.85 million hectares, exceeding five-year average
SEBI RELEASES NEW RULES FOR EQUITY DERIVATIVE SEGMENT || SEBI INCREASES THE MINIMUM TRADING AMOUNT FOR DERIVATIVES FROM 500,000 RUPEES TO 1.5 MILLION RUPEES
SEBI REDUCES EXPIRIES OF DERIVATIVES CONTRACT TO ONE PER EXCHANGE PER WEEK SEBI - NEW MEASURES FOR DERIVATIVES TRADING TO BE EFFECTIVE SEBI ASKS EXCHANGES TO MONITOR INTRADAY POSITION LIMITS FOR EQUITY INDEX DERIVATIVES
SEBI - UPFRONT COLLECTION OF OPTIONS PREMIUM AND INCREASED MARGINS TO BE EFFECTIVE FEB 2025 || SEBI MANDATES ADDITIONAL MARGIN REQUIREMENT OF 2% FOR SHORT OPTIONS CONTRACTS ON DAY OF OPTIONS EXPIRY
US Markets recover after a slipping in reaction to Powell speech 💪
S&P 500 posts record close 🍾
+2% in Sep 2024, notching its first positive September since 2019
🤩 Gained 20% in first 3 quarters of 2024
🇺🇸 Markets on Monday
#Dowjones +0.04%
#Nasdaq +0.38%
S&P500 +0.42%
Commentary from Federal Reserve Chair made traders a little skittish intraday as Jerome Powell said
🎤 Recent 50 bps cut shouldn’t be interpreted as a sign that future moves will be as aggressive
🎤 Added that Fed is not on any preset course
🎤Expressed confidence in economic strength & believes inflation will continue to cool
Other Asset Classes
🇺🇸 10-year yield at 3.77%
⛽️ Brent Crude at 72$/barrel
🪙 Gold at $2,627/ounce
💲 Dollar Index at 100.84
💸 Bitcoin at 63300$
Economic Data due on Tuesday
🇺🇸 Bureau of Labor Statistics’ Job Openings & Labor Turnover Survey for August
👉 S&P Global U.S. Manufacturing Purchasing Managers’ Index
👉 ISM Manufacturing PMI readings
BREAKING NEWS : SEBI BOARD MEETING
SEBI PRESS RELEASE ON TODAY'S BOARD MEETING DOESNT HAVE CHANGES IN F&O SEGMENT
NO RULES CHANGE FOR DERIVATIVES EXPIRY YET
Things to know before trade 📰
👉US markets closed mixed on Friday
👉Dow up 137 points to finish at new all time high
👉Nikkei down 4% this morning
👉China will release its official PMI numbers for September
👉All eyes on US jobs data on October 4
👉Nifty ended above 26100 on Friday
👉Domestic investors bought in large amounts on Friday but foreign investors were net sellers.
👉DIIs bought 6887cr in cash , FIIs sold 1209cr in cash on Friday
👉gold prices hit 2680$/ounce, rate cut sets gold on track for best quarter in 8 years
*News Headlines from Business News Agencies :*
*Business Standard :*
📝 Tata Sons plans to buy 13% stake in Tata AutoComp for Rs 2,122 crore
📝 IBA expects to attract Rs 1,600 cr investment for biogas sector at REI 2024
📝 Goyal holds discussions with 140 firms getting production-linked incentives
📝 AI Express-AIX Connect merger in Oct first week; 'I5' to fly into sunset
📝 With more foreign investment, India can build movie industry quicker: IMAX
📝 Lulu Group to set up food processing, logistics centres in Andhra Pradesh
📝 Microfinance growth driven more by lenders' loan disbursement than demand
📝 Housing prices in Delhi-NCR, Bengaluru jump 29% in July-Sept: Anarock
📝 Insurance companies enhance tech spending to meet evolving customer needs
📝 Govt mulls new regulatory mechanism for FDI supervision and oversight
📝 HC upholds arbitral award in favour of R-Infra in judgement on DVC petition
📝 Regulatory, policy reforms crucial for future of India's pharma R&D: Report
📝 Engine maker GE Aerospace plans increasing sourcing components from India
📝 NLC India eyes critical mineral mining capacity of 1 MTPA by FY30
📝 Deloitte eyes $5 billion revenue from Indian biz by 2030: South Asia CEO
*Economic Times :*
📝 Reliance Infra wins Rs 780 cr arbitration case against Damodar Valley Corp
📝 Linking spurious drugs with legitimate manufacturers has severe reputational, financial impact: IPA
📝 Sebi mulls standardise format for disclosure of change in risk-o-meters of MF schemes
📝 Govt to soon release 'master list' of tourist sites for holistic development: Gajendra Singh Shekhawat
📝 ASUS bets on aggressive retail expansion to become India's top PC brand
📝 India to boost crude oil refining capacity by 35-40 MT by Fiscal 2030: Crisil Ratings
📝 EV industry in India is not relevant without incentives: Bernstein
📝 L&T Semicon expects its chip production to start in 2 yrs; to set up unit later
📝 Tamil Nadu CM Stalin lays foundation stone for Tata Motors' Rs 9,000 cr manufacturing plant in state
📝 SBI plans innovative products to attract depositors amid growing financial awareness
📝 Candytoy partners with Reliance Retail to supply confectionery toys to 1,400 outlets
📝 IDFC to merge with IDFC FIRST Bank, effective October 1
📝 NEDFi reports rise in profit for FY24 by 14.19% to Rs 132.37 crore from Rs 115.92 crore
*Mint :*
📝 India's forex reserves surge, reaching record high of $692.3 billion: RBI
📝 Indian steel producers warn of China import surge amid US tariff hike
📝 Flipkart's online sellers sue CCI over antitrust probe
📝 GQG Partners to pay $500,000 as penalty to SEC for violating whistleblower rules
📝 Sebi cuts down timeline for debt securities from T+6 to T+3
📝 Supreme Court to rule on AERA’s powers, may lead to costlier airport services
📝 Reliance-Disney merger ahead: RIL wins govt approval for transfer of channels
📝 The $1.7 billion takeover brawl fueled by a fear of China
📝 Accenture’s Gen AI bets pay off with $3 bn in bookings
📝 First novel Schizophrenia treatment in decades gains FDA approval
📝 Dell mandates in-office work for global sales team after layoffs: Report
📝 Reliance Power to consider stake sale for fundraising, board meeting on Oct 3