SHAREKHAN (Shah Investments)

IGL, #ONGC, #GAIL (India) & #OilIndia are #MorganStanley's top pick in the Indian gas industry.

Morgan Stanley maintains an overweight call on UltraTech Cement after the co reported its Q2 results just yesterday

Macquarie on Hyundai Motor initiates Outperform with target price of Rs 2235

Nomura on Hyundai Motor initiates Buy with target price of Rs 2472

Ahead of BRICS

Stocks To Watch

Global-Market Insights 1/n
-The US markets paused after a week of gains as bond yields increased, and a very tough week of results is in store
-Almost 20% S&P500 companies are scheduled to report results this week
-Profit booking is necessary because markets are in an extremely overbought area, some experts believe
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Global-Market Insights 2/n
-Dow -344, S&P500 -11, Nasdaq +50
-Brent oil $74.29
-US 10Y bond yield at 4.196%
-Bond yields experienced an upswing, with the US 10-year yield up 18 bps in the last three sessions
-Dollar Index 103.962
-Gold at $2738
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Global-Market Insights 3/n
-Tesla, Boeing, Coca-Cola, IBM, Verizon, AT&T, United Parcel Service are among the major companies expected to report their Q3 results this week
- 112 S&P500 companies scheduled to report this week
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Global-Market Insights 4/4
-Gold surges to an all-time high, hitting its sixth record this year amid rate cuts and geopolitical tensions
-Gold gained to $2,738.50, while silver jumped 2.4% to $34.02 per ounce
-Brent crude settled up 1.68% at $74.29 a barrel

Securities in ban for trade - Oct 22nd 👇

SEC. IN BAN FOR , 22-10-2024 :

1. AARTIIND 2. BANDHANBNK 3. BSOFT 4. CHAMBLFERT 5. GNFC 6. GRANULES 7. HINDCOPPER 8. IDFCFIRSTB 9. IEX 10 . INDIAMART 11. LTF 12. MANAPPURAM 13 . PEL 14. PNB 15 . RBLBANK 16 . SAIL

ADDITION : INDIAMART, MANAPPURAM, PEL, RBLBANK
DELETION : NATIONALUM, TATACHEM

🫰Check out the FundFlow activity for Oct 21st! FII 🔽DII

✨Nifty closes in red; Tata Consumer, Kotak Bank lead losses
Here's how the markets panned out today!!!

#FundFlow | #FIIs net sell ₹2,261.83 cr while #DIIs net buy ₹3,225.91 cr in equities today (provisional)

Issue Period
Issue opens on : Wednesday, October 23, 2024
Issue closes on : Friday, October 25, 2024
Price Band : Rs.334 to Rs.352 per equity share
Bid Lot : 42 equity shares and in multiple thereafter.
Issue Size : Rs. 554.75 crore

IPO's to Apply this week 👇🏻

Waaree Energies Must Apply ✅ : GMP 100% : last date 23rd October

Deepak Builders : can Apply : GMP 30% : last date 23 October

Afcons Infrastructure : Can Apply : GMP 45% : last date 29 October

SME IPO's

Freshara Agro Exports Can Apply : GMP 80% : last date 21st October

Danish Power Risk Takers can Apply : GMP 35% : last date 24 October

Stocks To Watch

GLOBAL MARKET INSIGHTS

- The US markets closed at all-time highs
- S&P500 and Dow made new life highs, buoyed by rally in Netflix
- Netflix shares jumped 11%, the top gainer on the S&P 500 and the Nasdaq
- Dow +37, S&P500 +23, Nasdaq +116
- Brent oil $73
- US 10Y bond yield at 4.083%
- Dollar Index 103
- Gold at $2730
- Weekly: Dow +1%, S&P500+0.9%, Nasdaq +0.8%

Pre Market Update

Important Update for F&O Traders!

NSE has revised contract sizes for index derivatives, effective Nov 20, 2024. Key changes:

- Nifty 50: 25 to 75
- Nifty Bank: 15 to 30
- Nifty Financial Services: 25 to 65
- Nifty Midcap Select: 50 to 120
- Nifty Next 50: 10 to 25

FIIs and DIIs