TRUMP - 1ST MENTION OF CHINA TARIFFS
-> Trump weighs 10% tariffs on China over Fentanyl flow in his latest comments
-> No timeline given to this, as opposed to tariff threats on Canada & Mexico
-> USDCNH is up 0.2% on this
*News Headlines from Business News Agencies:*
*Business Standard*
📝 GAIL, BPCL to set up plants to produce compressed biogas in Chhattisgarh
📝 Bharat Value Fund Series 3 secures Rs 1,250 cr, eyes Rs 2,500 crore target
📝 Indian brands sustain momentum in climbing Brand Finance ranking for 2025
📝 UCO Bank Q3 results: PAT rises 27% to Rs 639 cr, income at Rs 7,406 cr
📝 JetSetGo partners with SkyDrive, Eve Air for urban air mobility services
📝 Govt mulls regulatory sandbox for advanced air mobility solutions
📝 Sales boost for auto dealers as deal with Meta helps digitisation: Report
📝 DEE Development Engineers expects revenue to triple to Rs 2,400-cr: CMD
📝 Jio Financial & Blackrock JV enters stock broking business
📝 PharmEasy sets stage for IPO return with new strategy, boosted cash flow
📝 Hyundai India says localisation saved it Rs 5,700 cr in forex since 2019
📝 India, Belgium discuss ways to enhance trade in pharma, agri products
*Economic Times*
📝 Indian economy to grow in range of 6.5-6.8% in FY25: Deloitte
📝 Need govt policy to make bioethanol fuels price more affordable for wider adoption in India: Honda
📝 HCLTech expands delivery centre in Hyderabad with 5000 capacity
📝 Adani Energy Solutions gets Rs 25,000-cr Bhadla-Fatehpur transmission project
📝 Venus Remedies secures EU GMP renewal certification
📝 Sachin Bansal's Navi Technologies defrauded of Rs 14.26 crore by scammers
📝 Govt mulls regulatory sandbox for advanced air mobility solutions
📝 Tata Elxsi joins hands with Minespider for battery lifecycle management platform
📝 India likely to boost purchases of US oil, gas following Trump's announcement
📝 ZF introduces digital fleet management platform in India
📝 Banks planning to ask RBI to delay April liquidity rule
📝 Union Budget: Oil ministry seeks Rs 40,000-crore LPG subsidy for state oil companies
*Mint*
📝 AUM of Wealth management industry to double to USD 2.3 trn in next 5 years: Report
📝 Share of renewables in India's energy mix to remain stable at 21 pc in FY25: Ind-Ra
📝 China enters 'new normal' for luxury market with flat sales expected in 2025, report says
📝 EU wants to upgrade strategic partnership with India: President Ursula
📝 Bharti Airtel to offer Bajaj Finance's loan products at its app, later at stores
📝 UniCredit CEO Says Price Offered for Banco BPM Is ‘Starting Point’
📝 Lumino Industries files draft papers with SEBI for ₹1,000 crore IPO
📝 India will achieve 20% blending target next month: Union Minister for Petroleum Hardeep Puri
📝 Need to encourage all technologies to cut carbon emissions, oil import: Maruti Suzuki
📝 Govt disburses ₹1,596 cr in six PLI schemes during Apr-Sep this fiscal
📝 India to set up new health tech assessment centres to help optimise resource use
INTRADAY CALL UPDATE : BOOK PROFITS IN BANKNIFTY PUT OPT 49300 30JAN SER AT 767 RECO LONGS GIVEN AT 655
Читать полностью…*News Headlines from Business News Agencies:*
*Business Standard*
📝 Agriculture ministry launches first-ever edible oil consumption survey
📝 Hyderabad's real estate sees robust growth in 2024 despite year-end dip
📝 India's cosmetic surgery market set to hit $11.5 billion by 2030
📝 Billionaire wealth soars three times faster by $2 trillion in 2024: Oxfam
📝 China's BYD to complete $1 billion Indonesia plant by year-end: Report
📝 EV sales must reach 50% by 2030 to achieve net zero goal: Bhupender Yadav
📝 Urja Mobility launches B2C battery leasing programme in 10 cities
📝 Tata Motors to continue spending Rs 2,000 cr per yr on new CVs, equipments
📝 Edtech firm BrightChamps acquires Edjust in a cash-and-stock deal
📝 Groww picks JPMorgan for IPO to raise $750 mn, may seek $7 bn valuation
📝 NMDC to extract diamonds worth $3.4 mn from mine near tiger reserve in MP
*Economic Times*
📝 Govt allows export of 1 million tons sugar in ongoing 2024-25 season
📝 Sellwin Traders signs $3 million MoU with UAE firm, posts 90% jump in Q3 income
📝 Waaree Energies bags order to supply 180 MWp solar modules
📝 India’s Greenko founders to raise $800 million to buy Orix stake
📝 TVS King EV MAX, a connected electric three-wheeler, launched at ₹2,95,000
📝 Newgen Software Technologies Q3 Results: Profit rises 31% to Rs 89 crore
📝 NTPC arm starts partial commercial operations of 200 MW-solar project in Gujarat
📝 Fitch upgrades Vedanta Resources' ratings with stable outlook
📝 Centre to launch National Critical Mineral Mission to boost production: Union minister
📝 Jupiter Hospital to invest Rs 400 crore to set up new hospital in Ghodbunder-Mira Road
📝 Siemens gets Rs 210-cr rail line electrification order from IRCON
📝 Zomato braces for a bumpy ride as food delivery demand slows
*Mint*
📝 Govt picks 24 cos for ₹3,516-cr investment in round 3 of white goods PLI scheme
📝 LIC trims stake in National Fertilizers, sells over 2% stake
📝 Tata Motors to start pilot proj with hydrogen internal combustion engine trucks in March qtr
📝 Settlement with borrowers only after exhausting all options, RBI to ARCs
📝 IOB Q3 Results: Net profit jumps 21% YoY to ₹873 cr, NII up 16% to ₹2,789 cr
📝 Bharti Airtel, Bajaj Finance launch digital financial platform for wider reach
📝 NCLT orders the liquidation of Go First
📝 IDBI Bank Q3 result: Profit jumps 31% YoY; provisions, net NPA drops
📝 Venus Remedies renews its European Good Manufacturing Practices certification from Infarmed
📝 Q3 throws focus on deal cycle, tenure for India's biggest IT service providers
📝 IDFC FIRST Bank launches FD-backed RuPay Credit Card for the first time users
President Trump's inaugural speech did not mention explicit tariff policies.
Executive orders are coming. Include,
- National Emergency declared at the southern border
- National Energy Emergency declared to reduce inflation
- Withdrawal from Paris Climate Accord & revoke the electric vehicle mandate
- Overhaul of trade system to protect Americans
*Instl. Investors EQUITY Cash Trades PROV. - 20/01/2025 : Rs. CRS. :*
*FIIS : SELL -4,336 (9,473-13,809)*
*DIIS : BUY +4,322 (15,339-11,017)*
INTRADAY CALL UPDATE : CLOSE POSITIONS IN BANKNIFTY PUT OPT 48700 30JAN SER AT 574 SL HIT RECO LONGS GIVEN AT 675
Читать полностью…Securities in Ban For Trade Date 22-JAN-2025:
1 ABFRL
2 ANGELONE
3 BANDHANBNK
4 CANFINHOME
5 DIXON
6 KALYANKJIL
7 LTF
8 MANAPPURAM
9 MGL
10 RBLBANK
Good session for 🇺🇸 Markets
👍 President Trump’s Inauguration Day policy announcements on tariffs were more benign than expected
👍 Wall Street is focused on Trump following through on the pro-business proclamations he made throughout his campaign
🇺🇸 Markets on Tuesday
#DowJones +1.24%
#Nasdaq +0.64%
S&P500 +0.88%
Russell 2000 +1.9%
Big Movers
🚀 3M +4% after earnings came in better than expected
👍 Amazon & Nvidia gained 2% each
🙁 Apple -3% on the back of two Wall Street downgrades weighed on tech-heavy Nasdaq
What Trump said?
🎙️ Considering 25% tariffs on Mexico and Canada on Feb. 1st because of their border policies while signing first-day executive orders in the White House
🎙️ He also mentioned China, noting that the U.S. could put tariffs on the country if it doesn’t approve a TikTok deal.
Other Assets
🇺🇸 10 year yield cools to 4.56%
🪙 Gold hits $2,743/ounce, hitting its highest since Nov 6th
⛽️ Brent Crude cools to $79.7/barrel
💲 Dollar Index at 108
💸 Bitcoin at 105888$
INTRADAY CALL UPDATE : BOOK PROFITS IN NIFTY PUT OPT 23350 23JAN SER AT 212 RECO LONGS GIVEN AT 171
Читать полностью…STOCK NAME CHANGE ALERT : GLENMARK LIFE SCIENCE WILL BE KNOWN AS ALIVUS LIFE SCIENCE
Читать полностью…Securities in Ban For Trade Date 21-JAN-2025:
1 ABFRL
2 ANGELONE
3 BANDHANBNK
4 CANFINHOME
5 KALYANKJIL
6 LTF
7 MANAPPURAM
8 RBLBANK
Breaking !
Big dollar sell off (-1%) after WSJ reports no new tariffs today !
"Trump is planning to issue a broad memorandum Monday that directs federal agencies to study trade policies…but stops short of imposing new tariffs on his first day... "
INTRADAY CALL UPDATE : BOOK PROFITS IN NIFTY CALL OPT 23250 23JAN SER AT 225 RECO LONGS GIVEN AT 186
Читать полностью…INTRADAY CALL UPDATE : BOOK PROFITS IN BANKNIFTY CALL OPT 48800 30JAN SER AT 845 RECO LONGS GIVEN AT 747
Читать полностью…