*Weekly Economic Calendar: English*๐๐ป
Kunvarji News Room
@kunvarjinewsroom
For Detailed Disclaimer Please visit: www.kunvarji.com
Kunvarji News Room (English)
Welcome to Kunvarji News Room, your one-stop destination for all the latest news and updates! Our Telegram channel, @kunvarjinewsroom, is dedicated to providing you with detailed and accurate information on a wide range of topics, including politics, finance, technology, entertainment, and more. Who are we? We are a team of experienced journalists and reporters who are passionate about keeping our audience informed and up-to-date on current events. With a commitment to delivering unbiased and reliable news, you can trust that you are getting the most accurate information when you tune in to Kunvarji News Room. What do we offer? Our channel provides you with breaking news, in-depth analysis, exclusive interviews, and insightful commentary on the most pressing issues of the day. Whether you are interested in global affairs, market trends, celebrity gossip, or sports updates, Kunvarji News Room has something for everyone. Why should you join us? By joining our Telegram channel, you will have access to real-time updates and exclusive content that you won't find anywhere else. Stay ahead of the curve and be the first to know about important developments that could impact your life and the world around you. For those who value accuracy and reliability in their news sources, Kunvarji News Room is the channel for you. Join us today and stay informed with the most trusted news source around. For Detailed Disclaimer Please visit: www.kunvarji.com
Kunvarji News Room
08 Feb, 07:14
*Kunvarji Research: Weekly Equity Cash and Derivative Coverage*
*Weekly snapshot:* Indian equity indices closed with marginal gains as resistive move seen on the back of selling from foreign institutions along with cautious sentiments from global markets
*Indices Performance:* Nifty 50 Index closed with a gain of 0.33 percent while Nifty Bank outperformed and closed with a gain of 1.32 percent.
*Weekly Fund-flow Activities:* During the week, FIIs have sold equities worth of Rs 8852.3 cr while DIIs have bought equities of Rs 6649.7 cr in cash segment during the week.
*Macro Data:* Testimony from Federal Reserve Chairman, Indian retail inflation, U.K. GDP growth, U.S. retail inflation and retail sales are the major macro events for the upcoming week.
*Weekly Outlook:* Indian equities expected to begin the week with a focus on outcome of state elections, Indian quarterly earnings from heavyweights and global trade related developments are expected to keep sentiments challenging during the week.
For Disclaimer please visit: https://kunvarjiwealth.com/disclaimer/
*Weekly snapshot:* Indian equity indices closed with marginal gains as resistive move seen on the back of selling from foreign institutions along with cautious sentiments from global markets
*Indices Performance:* Nifty 50 Index closed with a gain of 0.33 percent while Nifty Bank outperformed and closed with a gain of 1.32 percent.
*Weekly Fund-flow Activities:* During the week, FIIs have sold equities worth of Rs 8852.3 cr while DIIs have bought equities of Rs 6649.7 cr in cash segment during the week.
*Macro Data:* Testimony from Federal Reserve Chairman, Indian retail inflation, U.K. GDP growth, U.S. retail inflation and retail sales are the major macro events for the upcoming week.
*Weekly Outlook:* Indian equities expected to begin the week with a focus on outcome of state elections, Indian quarterly earnings from heavyweights and global trade related developments are expected to keep sentiments challenging during the week.
For Disclaimer please visit: https://kunvarjiwealth.com/disclaimer/
Kunvarji News Room
08 Feb, 06:17
*Delhi Election Update (EC website)* | 43.2% votes counted (11:45 a.m.)
BJP: 45 (Vote share: 46.90%)
AAP: 25 (Vote share: 43.24%)
INC: 0 (Vote share: 6.63%)
BJP: 45 (Vote share: 46.90%)
AAP: 25 (Vote share: 43.24%)
INC: 0 (Vote share: 6.63%)
Kunvarji News Room
08 Feb, 02:02
*News Headlines from Business News Agencies:*
*Business Standard*
๐ India's forex reserves rise $1.05 bn to $630.607 bn, shows RBI data
๐ Kolkata city gas distribution network expands with pipeline reach: Gail
๐ Electric vehicle sales jump 17% to 169,931 units in January: FADA data
๐ Finance ministry may consider rate cut for small savings schemes in FY26
๐ RBI defers proposed LCR norms implementation till at least March 31, 2026
๐ Cholamandalam Financial Q3 results: PAT rises to Rs 1,092.90 cr, income up
๐ Market regulator Sebi plans to ease AIF debt investment regulations
๐ Kia challenges $14 million tax demand by India over trade treaty benefits
๐ Infibeam Avenues' subsidiary receives approval to offer UPI payments
๐ PhonePe to wind down account aggregator business, surrender NBFC-AA licence
๐ DPIIT flags 259 tenders for violating public procurement norms in 2024
๐ Bold reforms, energy security crucial for Viksit Bharat 2047: Niti Aayog
*Economic Times*
๐ Jindal Nuclear plans to build 18GWe atomic power generation capacity, make significant investments
๐ India can certainly achieve 7% plus growth rate: RBI Governor Sanjay Malhotra
๐ Ola Electric Q3 Results: Cons loss widens to Rs 564 crore YoY, revenue declines 19%
๐ Delhivery names former Airtel executive Vani Venkatesh as chief business officer
๐ India in talks with EU to resolve new trade regulations: Piyush Goyal
๐ RBI governor urges banks to boost call money market trading
๐ Sebi-registered non-bank brokers can directly access NDS-OM: RBI
๐ Raymond to develop Rs 1,800 cr housing project in Mumbai, partners with landowner
๐ Motherson forms JV with Japan's Sanko for sustainable packaging solutions
๐ RBI Governor calls upon banks and NBFCs to mitigate cyber risks
๐ Gem & Jewellery Domestic Council urges GST reduction on bullion to 1.25%
*Mint*
๐ India remains net importer of steel in Apr-Jan; imports surge over 20 pc to 8 MT
๐ Mazagon Dock Shipbuilders Q3 Results: Net profit rises 29% YoY to โน807 crore
๐ RBI's 25bps rate cut may have limited direct impact, more needed to boost housing demand: CREDAI
๐ RBI monetary policy: Central bank projects inflation at 4.2% for FY26
๐ Copper hits three-month high, heading for best week since September
๐ Porsche shifts gears, bets big on combustion engines amid EV struggles
๐ SBI Mutual Fund raises stake in Axis Bank to 5.02%
๐ SBI struggles with margin squeeze, but thereโs solace in asset quality
๐ AP Minister Nara Lokesh for USD 100 bn investment in data centres, pitches for data cities
๐ RBI to use new data, develop robust models to improve inflation forecasting
๐ Indian banks needs more than a rate cut to boost lending, bankers say
-Kunvarji Group
(For disclaimer, please visit www.kunvarji.com)
*Business Standard*
๐ India's forex reserves rise $1.05 bn to $630.607 bn, shows RBI data
๐ Kolkata city gas distribution network expands with pipeline reach: Gail
๐ Electric vehicle sales jump 17% to 169,931 units in January: FADA data
๐ Finance ministry may consider rate cut for small savings schemes in FY26
๐ RBI defers proposed LCR norms implementation till at least March 31, 2026
๐ Cholamandalam Financial Q3 results: PAT rises to Rs 1,092.90 cr, income up
๐ Market regulator Sebi plans to ease AIF debt investment regulations
๐ Kia challenges $14 million tax demand by India over trade treaty benefits
๐ Infibeam Avenues' subsidiary receives approval to offer UPI payments
๐ PhonePe to wind down account aggregator business, surrender NBFC-AA licence
๐ DPIIT flags 259 tenders for violating public procurement norms in 2024
๐ Bold reforms, energy security crucial for Viksit Bharat 2047: Niti Aayog
*Economic Times*
๐ Jindal Nuclear plans to build 18GWe atomic power generation capacity, make significant investments
๐ India can certainly achieve 7% plus growth rate: RBI Governor Sanjay Malhotra
๐ Ola Electric Q3 Results: Cons loss widens to Rs 564 crore YoY, revenue declines 19%
๐ Delhivery names former Airtel executive Vani Venkatesh as chief business officer
๐ India in talks with EU to resolve new trade regulations: Piyush Goyal
๐ RBI governor urges banks to boost call money market trading
๐ Sebi-registered non-bank brokers can directly access NDS-OM: RBI
๐ Raymond to develop Rs 1,800 cr housing project in Mumbai, partners with landowner
๐ Motherson forms JV with Japan's Sanko for sustainable packaging solutions
๐ RBI Governor calls upon banks and NBFCs to mitigate cyber risks
๐ Gem & Jewellery Domestic Council urges GST reduction on bullion to 1.25%
*Mint*
๐ India remains net importer of steel in Apr-Jan; imports surge over 20 pc to 8 MT
๐ Mazagon Dock Shipbuilders Q3 Results: Net profit rises 29% YoY to โน807 crore
๐ RBI's 25bps rate cut may have limited direct impact, more needed to boost housing demand: CREDAI
๐ RBI monetary policy: Central bank projects inflation at 4.2% for FY26
๐ Copper hits three-month high, heading for best week since September
๐ Porsche shifts gears, bets big on combustion engines amid EV struggles
๐ SBI Mutual Fund raises stake in Axis Bank to 5.02%
๐ SBI struggles with margin squeeze, but thereโs solace in asset quality
๐ AP Minister Nara Lokesh for USD 100 bn investment in data centres, pitches for data cities
๐ RBI to use new data, develop robust models to improve inflation forecasting
๐ Indian banks needs more than a rate cut to boost lending, bankers say
-Kunvarji Group
(For disclaimer, please visit www.kunvarji.com)
Kunvarji News Room
07 Feb, 17:49
*TRUMP:*
WILL ANNOUNCE RECIPROCAL TARIFFS NEXT WEEK ON MANY COUNTRIES.
I WOULDN'T NEED US TROOPS IN GAZA.
I WILL BE MEETING WITH XI PROBABLY.
I WILL BE TALKING TO PUTIN.
AUTO TARIFFS ALWAYS ON THE TABLE.
EXPECTS TO TALK ZELENSKIY NEXT WEEK, WANTS TO DISCUSS SECURITY OF THEIR ASSETS LIKE RARE EARTHS.
WILL ANNOUNCE RECIPROCAL TARIFFS NEXT WEEK ON MANY COUNTRIES.
I WOULDN'T NEED US TROOPS IN GAZA.
I WILL BE MEETING WITH XI PROBABLY.
I WILL BE TALKING TO PUTIN.
AUTO TARIFFS ALWAYS ON THE TABLE.
EXPECTS TO TALK ZELENSKIY NEXT WEEK, WANTS TO DISCUSS SECURITY OF THEIR ASSETS LIKE RARE EARTHS.
Kunvarji News Room
07 Feb, 15:57
*PRESIDENT TRUMP* TOLD REPUBLICAN LAWMAKERS HE PLANS TO ISSUE RECIPROCAL TARIFFS AS EARLY AS FRIDAY - SOURCES
Kunvarji News Room
07 Feb, 15:02
*U.S. Prelim UoM Consumer Sentiment:*
Current: 67.9
Expected: 71.9
Previous: 71.1
*U.S. Prelim UoM Inflation Estimates:*
Current: 4.3%
Previous: 3.2%
(Data seen mixed for the outlook)
Current: 67.9
Expected: 71.9
Previous: 71.1
*U.S. Prelim UoM Inflation Estimates:*
Current: 4.3%
Previous: 3.2%
(Data seen mixed for the outlook)
Kunvarji News Room
07 Feb, 14:58
*Global Equity Market Update*
*Dow Futures (US):* 44830, +82.0 points/ +0.19%
*Nasdaq Futures (US):* 21833, +59.0 points/ +0.27%
*CAC Futures (France):* 7993, -24.0 points/ -0.30%
*DAX Futures (Germany):* 21991, -20.0 points/ -0.09%
*FTSE Futures (UK):* 8682, -31.0 points/ -0.36%
*Gift Nifty (India):* 23576, -10.0 points/ -0.04%
*Dow Futures (US):* 44830, +82.0 points/ +0.19%
*Nasdaq Futures (US):* 21833, +59.0 points/ +0.27%
*CAC Futures (France):* 7993, -24.0 points/ -0.30%
*DAX Futures (Germany):* 21991, -20.0 points/ -0.09%
*FTSE Futures (UK):* 8682, -31.0 points/ -0.36%
*Gift Nifty (India):* 23576, -10.0 points/ -0.04%
Kunvarji News Room
07 Feb, 14:21
*American Market Pre Open Update*
US equity index futures are signaling a mixed opening as bond yields improved after US economic data. US nonfarm payrolls data fell but average earnings improved more than expected, suggesting job growth modest but quality job created in America.
In the American premarket, Expedia, Monolithic, Fortinet and MicroStrategy are trading in the green zone, while shares of Fortive, Amazon, Microchip and Ultra Beauty have seen in red zone.
The dollar index and bond yields saw trading in the green zone. Crude and bullions saw trade in the marginal green zone, while metals saw continuous support after the opening of the Chinese market.
*Global Equity Market Update*
*Dow Futures (US):* 44780, +30.0 points/ +0.07%
*Nasdaq Futures (US):* 21789, +15.0 points/ +0.07%
*CAC Futures (France):* 8005, -13.0 points/ -0.16%
*DAX Futures (Germany):* 21993, -18.0 points/ -0.08%
*FTSE Futures (UK):* 8682, -31.0 points/ -0.36%
*Gift Nifty (India):* 23579, -8.0 points/ -0.03%
US equity index futures are signaling a mixed opening as bond yields improved after US economic data. US nonfarm payrolls data fell but average earnings improved more than expected, suggesting job growth modest but quality job created in America.
In the American premarket, Expedia, Monolithic, Fortinet and MicroStrategy are trading in the green zone, while shares of Fortive, Amazon, Microchip and Ultra Beauty have seen in red zone.
The dollar index and bond yields saw trading in the green zone. Crude and bullions saw trade in the marginal green zone, while metals saw continuous support after the opening of the Chinese market.
*Global Equity Market Update*
*Dow Futures (US):* 44780, +30.0 points/ +0.07%
*Nasdaq Futures (US):* 21789, +15.0 points/ +0.07%
*CAC Futures (France):* 8005, -13.0 points/ -0.16%
*DAX Futures (Germany):* 21993, -18.0 points/ -0.08%
*FTSE Futures (UK):* 8682, -31.0 points/ -0.36%
*Gift Nifty (India):* 23579, -8.0 points/ -0.03%
Kunvarji News Room
07 Feb, 13:31
*U.S. Non-Farm Employment Change:*
Current: 143K
Expected: 169K
Previous: 256K
*U.S. Unemployment Rate:*
Current: 4.0%
Expected: 4.1%
Previous: 4.1%
*U.S. Average Hourly Earnings m/m*
Current: 0.5%
Expected: 0.3%
Previous: 0.3%
(Data seen mixed for the outlook)]
Current: 143K
Expected: 169K
Previous: 256K
*U.S. Unemployment Rate:*
Current: 4.0%
Expected: 4.1%
Previous: 4.1%
*U.S. Average Hourly Earnings m/m*
Current: 0.5%
Expected: 0.3%
Previous: 0.3%
(Data seen mixed for the outlook)]
Kunvarji News Room
07 Feb, 12:54
*Fund Flow Activity:*
07 February 2025 (Rs. In Crs.)
*Turnover: (NSE + BSE)*
*F&O Volume:* 11328468.76 + 4798838.61 Total: 16127307.37
*Provisional Cash*
*FII/FPI: NET SELL: -470.39*
(12482.21 - 12952.6)
*DII: NET BUY: +454.2*
(12185.62 - 11731.42)
07 February 2025 (Rs. In Crs.)
*Turnover: (NSE + BSE)*
*F&O Volume:* 11328468.76 + 4798838.61 Total: 16127307.37
*Provisional Cash*
*FII/FPI: NET SELL: -470.39*
(12482.21 - 12952.6)
*DII: NET BUY: +454.2*
(12185.62 - 11731.42)
Kunvarji News Room
07 Feb, 09:36
Kunvarji: Kirlos Bros at 1971.0, can hold position for TGT 2042.0 as BTST reco (15.03)
Kunvarji: Crompton at 366.0, can hold position for TGT 376.0 as BTST reco (15.03)
Kunvarji: Crompton at 366.0, can hold position for TGT 376.0 as BTST reco (15.03)
Kunvarji News Room
07 Feb, 09:11
*Kunvarji Cash Call/BTST:* Deepak Fertizer Buy at 1171.0 TGT 1202.0 Stoploss 1150.0 (14.40)
Kunvarji News Room
07 Feb, 09:07
*GARWARE HI TECH FILMS:* Q3 SL NET PROFIT 655M RUPEES VS 507M (YOY) (NUMBERS SEEN MARGINALLY BETTER YOY)
Kunvarji News Room
07 Feb, 08:59
*MAZAGON DOCK:* Q3 SL NET PROFIT 7.7B RUPEES VS 5.9B (YOY), Q3 EBITDA 8.17B RUPEES VS 5.39B (YOY), Q3 EBITDA MARGIN 25.99% VS 22.82% (YOY) (SUPPORTIVE FOR STOCK PRICE)
Kunvarji News Room
07 Feb, 08:44
*Indian Equities Update*
Indian equity indices continued to remain under selling pressure amid weakness from financials and FMCG stocks.
*Nifty Spot:* 23488, Down 144 points (High 23695.0)
*Bank Nifty Spot:* 49900, Down 482 points (High 50641.0)
Indian equity indices continued to remain under selling pressure amid weakness from financials and FMCG stocks.
*Nifty Spot:* 23488, Down 144 points (High 23695.0)
*Bank Nifty Spot:* 49900, Down 482 points (High 50641.0)
Kunvarji News Room
07 Feb, 08:42
*CENTURY PLYBOARDS (I):* Q3 EBITDA 1.3B RUPEES VS 1.1B (YOY) || Q3 EBITDA MARGIN 11.35% VS 11.32% (YOY) (NUMBERS ARE INLINE YOY)
Kunvarji News Room
07 Feb, 08:19
*ALKEM LABORATORIES:* Q3 EBITDA 7.6B RUPEES VS 7.08B (YOY); EST 7.12B || Q3 EBITDA MARGIN 22.51% VS 21.29% (YOY); EST 20.5% (NUMBERS SEEN BETTER THAN EXPECTED)
Kunvarji News Room
07 Feb, 08:17
*WOCKHARDT:* Q3 CONS NET PROFIT 140M RUPEES VS LOSS 830M (YOY) (NUMBERS SEEN BETTER YOY)
Kunvarji News Room
07 Feb, 08:05
*Kunvarji Cash Call:* Crompton Buy at 365.0 TGT 376.0 Stoploss 358.0 (13.35)
Kunvarji News Room
07 Feb, 08:01
*OLA ELECTRIC MOBILITY:* Q3 CONS NET LOSS 5.6B RUPEES VS LOSSS 3.8B (YOY) (LOSS WIDENS YOY, MANAGEMENT COMMENTS WOULD BE IMPORTANT)
Kunvarji News Room
07 Feb, 07:56
*MAHINDRA & MAHINDRA:* Q3 EBITDA 48.09B RUPEES VS EST 44.25B || Q3 EBITDA MARGIN 15.53% VS EST 14.5% (HEADLINE NUMBERS SEEN INLINE, HOWEVER OPERATIONAL PERFORMANCE SEEN BETTER)
Kunvarji News Room
07 Feb, 07:11
Kunvarji: Kamat Hotels book partial at 293.0, can hold position for TGT 304.0 (12.39)
Kunvarji News Room
07 Feb, 07:05
*Kunvarji Cash Call:* Sunteck Buy at 500.2 TGT 520.0 Stoploss 490.0 (12.34)
Kunvarji News Room
07 Feb, 07:01
*Kunvarji Cash Call:* Kamat Hotels Buy at 286.0 TGT 301.0 Stoploss 278.0 (12.28)
Kunvarji News Room
07 Feb, 06:48
*VENKY'S (INDIA):* Q3 SL NET PROFIT 204M RUPEES VS LOSS 80M (YOY) (NUMBERS SEEN SUPPORTIVE FOR OUTLOOK)
Kunvarji News Room
07 Feb, 06:40
*Kunvarji Cash Call:* Kirlos Bros Buy at 1970.0 TGT 2042.0 Stoploss 1928.0 (12.10)
Kunvarji News Room
07 Feb, 06:04
Kunvarji: DCAL book partial at 251.0, can hold position for TGT 268.0 (11.32)
Kunvarji News Room
07 Feb, 06:02
Kunvarji: Godfrey TGT 5030.0 has been achieved, can hold position for TGT 5100 (11.30)
Kunvarji News Room
03 Feb, 17:13
*TRUMP* CONSIDERING HITTING EU WITH 10% TARIFFS โ TELEGRAPH
(NEWS FROM MEDIA SOURCES)
(NEWS FROM MEDIA SOURCES)
Kunvarji News Room
03 Feb, 15:01
*Global Equity Market Update*
*Dow Futures (US):* 43955, -590.0 points/ -1.32%
*Nasdaq Futures (US):* 21093, -385.0 points/ -1.79%
*CAC Futures (France):* 7843, -121.0 points/ -1.52%
*DAX Futures (Germany):* 21427, -389.0 points/ -1.79%
*FTSE Futures (UK):* 8521, -141.0 points/ -1.62%
*Gift Nifty (India):* 23462, +48.0 points/ +0.21%
*Dow Futures (US):* 43955, -590.0 points/ -1.32%
*Nasdaq Futures (US):* 21093, -385.0 points/ -1.79%
*CAC Futures (France):* 7843, -121.0 points/ -1.52%
*DAX Futures (Germany):* 21427, -389.0 points/ -1.79%
*FTSE Futures (UK):* 8521, -141.0 points/ -1.62%
*Gift Nifty (India):* 23462, +48.0 points/ +0.21%
Kunvarji News Room
03 Feb, 15:00
*U.S. ISM Manufacturing PMI*
Current: 50.9
Expected: 49.3
Previous: 49.3
(Data seen better than estimates)
Current: 50.9
Expected: 49.3
Previous: 49.3
(Data seen better than estimates)
Kunvarji News Room
03 Feb, 14:25
*News from Wall Street Journal:* China to propose restoring 2020 'Phase 1' trade deal with US, WSJ reports (Neither China nor U.S. confirmed the news)
Kunvarji News Room
03 Feb, 14:14
*TRUMP:*
CANADA DOESNโT EVEN ALLOW US BANKS TO DO BUSINESS THERE.
I JUST SPOKE WITH CANADA'S TRUDEAU. I WILL SPEAK TO TRUDEAU AGAIN AT 3PM ET.
(OUTCOME OF TALK WOULD BE IMPORTANT)
CANADA DOESNโT EVEN ALLOW US BANKS TO DO BUSINESS THERE.
I JUST SPOKE WITH CANADA'S TRUDEAU. I WILL SPEAK TO TRUDEAU AGAIN AT 3PM ET.
(OUTCOME OF TALK WOULD BE IMPORTANT)
Kunvarji News Room
03 Feb, 14:01
*American Market Pre Open Update*
* US equity futures are trading in the red zone with consolidation seen at intraday lows. The news of tariffs on Canada, Mexico and China from the US continues to affect the market sentiments. The market's focus today will be on the outcome of the US President's talks with Canada and Mexico on tariffs.
* In the American premarket, shares of General Motors, Vistara Energy, MicroStrategy, PDD Holding, Tesla, Marvell and NVIDIA are trading with weakness while Idexx Labs, Tyson Foods, Steel Dynamics and Resmed are trading in green zone.
* Bond yields have been in the red zone, but the dollar index remains strong due to weakness in the Canadian dollar, euro and emerging basket currencies.
* Due to announcement of the tariff on energy imports from U.S., crude oil and natural gas have seen trading with gains, while metals are trading with resistance on economic fears. The safe haven demand for gold has remained continued amid the fear of a tariff war.
*Global Equity Market Update*
*Dow Futures (US):* 43926, -618.0 points/ -1.39%
*NASDAQ Futures (US):* 21065, -413.0 points/ -1.92%
*CAC Futures (France):* 7845, -119.0 points/ -1.49%
*DAX Futures (Germany):* 21475, -341.0 points/ -1.56%
*FTSE Futures (UK):* 8538, -124.0 points/ -1.43%
*Gift Nifty (India):* 23430, +16.0 points/ +0.07%
* US equity futures are trading in the red zone with consolidation seen at intraday lows. The news of tariffs on Canada, Mexico and China from the US continues to affect the market sentiments. The market's focus today will be on the outcome of the US President's talks with Canada and Mexico on tariffs.
* In the American premarket, shares of General Motors, Vistara Energy, MicroStrategy, PDD Holding, Tesla, Marvell and NVIDIA are trading with weakness while Idexx Labs, Tyson Foods, Steel Dynamics and Resmed are trading in green zone.
* Bond yields have been in the red zone, but the dollar index remains strong due to weakness in the Canadian dollar, euro and emerging basket currencies.
* Due to announcement of the tariff on energy imports from U.S., crude oil and natural gas have seen trading with gains, while metals are trading with resistance on economic fears. The safe haven demand for gold has remained continued amid the fear of a tariff war.
*Global Equity Market Update*
*Dow Futures (US):* 43926, -618.0 points/ -1.39%
*NASDAQ Futures (US):* 21065, -413.0 points/ -1.92%
*CAC Futures (France):* 7845, -119.0 points/ -1.49%
*DAX Futures (Germany):* 21475, -341.0 points/ -1.56%
*FTSE Futures (UK):* 8538, -124.0 points/ -1.43%
*Gift Nifty (India):* 23430, +16.0 points/ +0.07%
Kunvarji News Room
03 Feb, 12:37
*Fund Flow Activity:*
03 February 2025 (Rs. In Crs.)
*Turnover: (NSE + BSE)*
*Cash Volume:* 104886.08 + 5384.19 Total: 110270.27
*F&O Volume:* 10512938.99 + 7763933.95 Total: 18276872.94
*Provisional Cash*
*FII/FPI: NET SELL: -3958.37*
(12505.92 - 16464.29)
*DII: NET BUY: +2708.23*
(19319.48 - 16611.25)
03 February 2025 (Rs. In Crs.)
*Turnover: (NSE + BSE)*
*Cash Volume:* 104886.08 + 5384.19 Total: 110270.27
*F&O Volume:* 10512938.99 + 7763933.95 Total: 18276872.94
*Provisional Cash*
*FII/FPI: NET SELL: -3958.37*
(12505.92 - 16464.29)
*DII: NET BUY: +2708.23*
(19319.48 - 16611.25)
Kunvarji News Room
03 Feb, 10:49
*NEWS UPDATE:*
TARIFFS IMPOSED BY TRUMP ON PRODUCTS FROM MEXICO AND CANADA REPRESENT A SIGNIFICANT SETBACK FOR RULES-BASED GLOBAL TRADE, SAYS GERMAN CAR MAKERS ASSOCIATION VDA
IMPOSITION OF ADDITIONAL TARIFFS IS NOT COMPATIBLE WITH THE USMCA AGREEMENT (UNITED STATES-MEXICO-CANADA AGREEMENT), SAYS GERMAN CAR MAKERS ASSOCIATION VDA ON TRUMP TARIFFS
TARIFFS IMPOSED BY TRUMP ON PRODUCTS FROM MEXICO AND CANADA REPRESENT A SIGNIFICANT SETBACK FOR RULES-BASED GLOBAL TRADE, SAYS GERMAN CAR MAKERS ASSOCIATION VDA
IMPOSITION OF ADDITIONAL TARIFFS IS NOT COMPATIBLE WITH THE USMCA AGREEMENT (UNITED STATES-MEXICO-CANADA AGREEMENT), SAYS GERMAN CAR MAKERS ASSOCIATION VDA ON TRUMP TARIFFS
Kunvarji News Room
03 Feb, 08:59
*Kunvarji Cash Call/BTST:* E-Mart Buy at 155.0 TGT 166.0 Stoploss 149.0 (14.26)
Kunvarji News Room
03 Feb, 08:51
*POLY MEDICURE:* Q3 CONS NET 850M PROFIT RUPEES VS 650M (YOY) (NUMBERS SEEN BETTER YOY)
Kunvarji News Room
03 Feb, 08:21
*Kunvarji Cash Call/BTST:* Lemon Tree Buy at 143.8 TGT 150.0 Stoploss 138.0 (13.51)
Kunvarji News Room
03 Feb, 08:11
*Kunvarji Cash Call/BTST:* Tilaknagar Buy at 398.0 TGT 420.0 Stoploss 380.0 (13.40)
Kunvarji News Room
03 Feb, 08:07
*Kunvarji Cash Call:* Electrosteel Buy at 154.0 TGT 162.0 Stoploss 148.0 (13.36)
Kunvarji News Room
03 Feb, 07:40
*DIVI'S LABORATORIES:* Q3 CONS NET PROFIT 5.89B RUPEES VS 3.58B (YOY); EST 5.07B, Q3 EBITDA MARGIN 32.04% VS 26.90% (YOY); EST 31% (NUMBERS SEEN BETTER THAN ESTIMATES)
Kunvarji News Room
03 Feb, 07:39
*GHCL TEXTILES:* Q3 SL NET PROFIT 94M RUPEES VS 45M (YOY), Q3 EBITDA MARGIN 8.28% VS 7.38% (YOY) (NUMBERS SEEN BETTER ON YOY)
Kunvarji News Room
03 Feb, 07:24
*DHANUKA AGRITECH:* Q3 SL NET PROFIT 550M RUPEES VS 453M (YOY) (NUMBERS SEEN BETTER ON YOY)
Kunvarji News Room
03 Feb, 07:22
*SWAN ENERGY:* CO WINS ORDER WORTH 111 CR RUPEES (SUPPORTIVE FOR STOCK PRICE)
Kunvarji News Room
03 Feb, 06:39
*Kunvarji Cash Call:* Cartrade Buy at 1795.0 TGT 1880.0 Stoploss 1730.0 (12.08)
Kunvarji News Room
03 Feb, 06:27
Stock Update: *BAJFINANCE* at 52 week high as prices pierced 8250.0 levels, Support 8214.0 Target 8320.0
Kunvarji News Room
31 Jan, 21:52
*TRUMP:*
WEโLL BE DOING SOMETHING VERY SUBSTANTIAL ON TARIFFS WITH EUROPEAN UNION.
TARIFFS MAY CAUSE SHORT-TERM DISRUPTION..
WILL SPEAK TO PUTIN AND THINK WEโLL PERHAPS DO SOMETHING SIGNIFICANT.
I'M BRINGING TOMORROWโS TARIFFS DOWN TO 10% ON CANADIAN OIL.
STEEL, ALUMINIUM AND COPPER TARIFFS COMING THIS MONTH [FEB] OR NEXT [MAR].
I WANT TO BRING PHARMACEUTICALS BACK TO AMERICA WITH TARIFFS.
WE WILL EVENTUALLY PUT TARIFFS ON CHIPS.
NOTHING CAN BE DONE BY CHINA, MEXICO AND CANADA RIGHT NOW TO FORESTALL TARIFFS.
WEโLL BE DOING SOMETHING VERY SUBSTANTIAL ON TARIFFS WITH EUROPEAN UNION.
TARIFFS MAY CAUSE SHORT-TERM DISRUPTION..
WILL SPEAK TO PUTIN AND THINK WEโLL PERHAPS DO SOMETHING SIGNIFICANT.
I'M BRINGING TOMORROWโS TARIFFS DOWN TO 10% ON CANADIAN OIL.
STEEL, ALUMINIUM AND COPPER TARIFFS COMING THIS MONTH [FEB] OR NEXT [MAR].
I WANT TO BRING PHARMACEUTICALS BACK TO AMERICA WITH TARIFFS.
WE WILL EVENTUALLY PUT TARIFFS ON CHIPS.
NOTHING CAN BE DONE BY CHINA, MEXICO AND CANADA RIGHT NOW TO FORESTALL TARIFFS.
Kunvarji News Room
31 Jan, 21:51
*TRUMP:*
NEW COUNTRY AND SECTOR TARIFFS ARE CUMULATIVE.
ALL FEDERAL EMPLOYEES ARE REPLACEABLE.
I'M NOT CONCERNED ABOUT MARKET REACTIONS TO TARIFFS.
TARIFF COSTS ARE SOMETIMES PASSED ALONG TO CONSUMERS.
WE ARE GOING TO TAKE BACK PANAMA CANAL.
NEW COUNTRY AND SECTOR TARIFFS ARE CUMULATIVE.
ALL FEDERAL EMPLOYEES ARE REPLACEABLE.
I'M NOT CONCERNED ABOUT MARKET REACTIONS TO TARIFFS.
TARIFF COSTS ARE SOMETIMES PASSED ALONG TO CONSUMERS.
WE ARE GOING TO TAKE BACK PANAMA CANAL.
Kunvarji News Room
31 Jan, 18:30
*WHITE HOUSE:*
TRUMP WILL RESPOND TO TRUDEAU'S COMMENTS IN DUE TIME.
NOT SEEING START OF TRADE WAR WITH CANADA.
TRUMP WILL RESPOND TO TRUDEAU'S COMMENTS IN DUE TIME.
NOT SEEING START OF TRADE WAR WITH CANADA.
Kunvarji News Room
31 Jan, 18:26
*WHITE HOUSE:*
THERE IS NO UPDATE ON EXEMPTIONS.THE REUTERS REPORT ON TARIFFS ARE FALSE.
LEAVITT REITERATES FEBRUARY 1ST DEADLINE FOR CANADA, CHINA AND MEXICO TARIFF.
CANADA, MEXICO TARIFF AT 25%, CHINA AT 10%.
THERE IS NO UPDATE ON EXEMPTIONS.THE REUTERS REPORT ON TARIFFS ARE FALSE.
LEAVITT REITERATES FEBRUARY 1ST DEADLINE FOR CANADA, CHINA AND MEXICO TARIFF.
CANADA, MEXICO TARIFF AT 25%, CHINA AT 10%.
Kunvarji News Room
31 Jan, 17:21
*News Update:*
Trump Expected To Issue Tariffs Against Canada & Mexico Beginning On March 1 โ RTRS Sources
- Trump Expected To Announce Process For Countries To Seek Exemptions For Certain Imports
- Admin. Official Says Trump Reviewing Details Of Tariff Plans, May Allow Some Exemptions But They Will Be 'Few And Far Between'
Trump Expected To Issue Tariffs Against Canada & Mexico Beginning On March 1 โ RTRS Sources
- Trump Expected To Announce Process For Countries To Seek Exemptions For Certain Imports
- Admin. Official Says Trump Reviewing Details Of Tariff Plans, May Allow Some Exemptions But They Will Be 'Few And Far Between'
Kunvarji News Room
31 Jan, 16:25
*JPMORGAN ON MEXICO:* ESTIMATES 11.8% DROP IN MEXICAN PESO IF U.S. PUTS 25% TARIFFS ON MEXICO ON SATURDAY; SAYS "BASE CASE" IS FOR TARIFFS TO BE POSTPONED
Kunvarji News Room
31 Jan, 14:28
*ONGC:* Revenue at โน33,716.8 cr vs poll of โน31,700 cr, EBITDA at โน18,950 cr vs poll of โน17,686 cr, Margin at 56.2% vs poll of 55.8%. Declared Second Interim Dividend Of 5 Rupees Per Equity Share (Numbers are majorly inline, however operational performance seen marginally better)
Kunvarji News Room
31 Jan, 14:21
*American Market Pre Open Update*
US equity futures are trading in the green zone, however in a tight range range as US Core PCE based inflation data came in as expected. In the financial markets, there is also uncertainty about the tariffs on Mexico and Canada from the US, as the details of the tariffs are yet to be officially announced from the US.
Bond yields are in a range range but the dollar index remained in the green zone, leading to mixed trading sentiments for commodity markets.
*Global Equity Market Update*
*Dow Future (US):* 44965, +83.0 points/ +0.19%
*Nasdaq Future (US):* 21644, +136.0 points/ +0.63%
*CAC Future (France):* 7986, +30.0 points/ +0.37%
*DAX Future (Germany):* 21866, +29.0 points/ +0.13%
*FTSE Future (UK):* 8667, +31.0 points/ +0.35%
*Gift Nifty (India):* 23596, -34.0 points/ -0.15%
US equity futures are trading in the green zone, however in a tight range range as US Core PCE based inflation data came in as expected. In the financial markets, there is also uncertainty about the tariffs on Mexico and Canada from the US, as the details of the tariffs are yet to be officially announced from the US.
Bond yields are in a range range but the dollar index remained in the green zone, leading to mixed trading sentiments for commodity markets.
*Global Equity Market Update*
*Dow Future (US):* 44965, +83.0 points/ +0.19%
*Nasdaq Future (US):* 21644, +136.0 points/ +0.63%
*CAC Future (France):* 7986, +30.0 points/ +0.37%
*DAX Future (Germany):* 21866, +29.0 points/ +0.13%
*FTSE Future (UK):* 8667, +31.0 points/ +0.35%
*Gift Nifty (India):* 23596, -34.0 points/ -0.15%
Kunvarji News Room
31 Jan, 13:54
*Hero MotoCorp:* Niranjan Gupta to step down as the CEO of the company w.e.f April 30 (Senior management changes could cause immediate uncertainties over replacement, however sufficient time for transition)
Kunvarji News Room
31 Jan, 12:45
Fund Flow Activity:
31 January 2025 (Rs. In Crs.)
Turnover: (NSE + BSE)
Cash Volume: 103890.63 + 6112.87 Total: 110003.5
F&O Volume: 6060020.58 + 1490118.73 Total: 7550139.31
Provisional Cash
FII/FPI: NET SELL: -1188.99
(14000.07 - 15189.06)
DII: NET BUY: +2232.22
(13549.67 - 11317.45)
31 January 2025 (Rs. In Crs.)
Turnover: (NSE + BSE)
Cash Volume: 103890.63 + 6112.87 Total: 110003.5
F&O Volume: 6060020.58 + 1490118.73 Total: 7550139.31
Provisional Cash
FII/FPI: NET SELL: -1188.99
(14000.07 - 15189.06)
DII: NET BUY: +2232.22
(13549.67 - 11317.45)
Kunvarji News Room
31 Jan, 10:16
*INDUSIND BANK Q3*
Net profit at Rs 1402.0 crore versus poll of Rs 1397.0 crore
NII at Rs 5228.0 crore versus poll of Rs 5386.0 crore
GROSS NPA at 2.25% versus 2.11% QoQ
NET NPA at 0.68% versus 0.64% QoQ
(Numbers seen in line with estimates. However, NPAs seen higher on QOQ basis)
Net profit at Rs 1402.0 crore versus poll of Rs 1397.0 crore
NII at Rs 5228.0 crore versus poll of Rs 5386.0 crore
GROSS NPA at 2.25% versus 2.11% QoQ
NET NPA at 0.68% versus 0.64% QoQ
(Numbers seen in line with estimates. However, NPAs seen higher on QOQ basis)
Kunvarji News Room
31 Jan, 09:45
*SUNPHARMA:* Q3 CONS NET PROFIT 29.03B RUPEES VS EST 29.40B (YOY) Q3 EBITDA 40.08B RUPEES VS 34.8B (YOY); EST 37B || Q3 EBITDA MARGIN 29.3% VS 28.08% (YOY); EST 28% (NUMBERS SEEN MAJORLY INLINE WITH EST, OPERATIONAL PERFORMANCE SEEN BETTER VS EST)
Kunvarji News Room
31 Jan, 09:38
Kunvarji: Cochin Ship TGT 1540.0 has almost achieved (15.08)
Kunvarji: NCC book partial at 252.8, can hold position for TGT 259.0 (15.08)
Kunvarji: NCC book partial at 252.8, can hold position for TGT 259.0 (15.08)
Kunvarji News Room
31 Jan, 09:35
*UPL:* CO'S NET DEBT LOWER BY USD 745M VS. LAST YEAR. CO MD SAYS WITH THIS STRONG PERFORMANCE, WE ARE CONFIDENT OF DELIVERING OUR EBITDA AND FREE CASH FLOW GUIDANCE FOR THE FULL YEAR. (GUIDANCE SEEN SUPPORTIVE FOR OUTLOOK)
Kunvarji News Room
31 Jan, 09:28
*UPL:* Q3 CONS NET PROFIT 8.28B RUPEES VS EST 8.1B (YOY) (NUMBERS SEEN MARGINAL HIGHER VERSUS EST)
Kunvarji News Room
31 Jan, 09:09
*TEXMACO RAIL & ENGINEERING LTD:* Q3 CONS NET PROFIT 764M RUPEES VS 304M (YOY) (NUMBERS SEEN BETTER YOY)
Kunvarji News Room
31 Jan, 08:47
*GHCL:* Q3 SL NET PROFIT 1.7B RUPEES VS 999M (YOY) (NUMBERS SEEN BETTER YOY)
Kunvarji News Room
31 Jan, 08:40
*Chola Fin:* Net Profit At โน1,088 Cr Vs Poll Of โน1,010.6 Cr, NII At โน2,892 Cr Vs Poll Of โน2,936 Cr (Numbers seen inline with estimates)
Kunvarji News Room
31 Jan, 08:30
*GMDC:* Q3 CONS NET PROFIT 1.5B RUPEES VS 1.17B (YOY) (NUMBERS IMPROVED YOY)
Kunvarji News Room
11 Jan, 11:11
IPO Opens from 13th January 2025: Laxmi Dental Limited
Link to Apply for an IPO: https://tinyurl.com/39e5ds6h
Research Coverage: https://tinyurl.com/tfp78js5
Link to Apply for an IPO: https://tinyurl.com/39e5ds6h
Research Coverage: https://tinyurl.com/tfp78js5
Kunvarji News Room
10 Jan, 23:47
*News Headlines from Business News Agencies:*
*Business Standard*
๐ India sees biggest bond outflows since 2020 amid global volatility
๐ India's rice stocks hit record high, wheat reserves continue to deplete
๐ Tesla recalls around 239,000 vehicles over rear-view camera issue
๐ India must lead in sunrise sectors to reach $32 trn economy by 2047: Kant
๐ Practo reports 22% rise in revenue in FY24, GMV crosses Rs 3,500 crore
๐ DPIIT holds meeting with AIFs to promote capital mobilisation for startups
๐ Vedanta Resources secures $300 million loan commitment for debt refinancing
๐ Microfinance sector shows signs of stress as delinquency rates rise
๐ USC seeks Indian collaborations to address healthcare challenges
๐ Nippon Life launches its first fund from GIFT City for global investors
๐ SECI's cumulative awarded renewable energy capacity exceeds 73 GW in Dec
๐ China expands consumer trade-in programme to revive consumer spending
*Economic Times*
๐ Practo reports 22pc rise in revenue in FY24, GMV crosses Rs 3,500 crore
๐ Indian unicorns hit $340 billion valuation in 2024 amid surge in IPOs, acquisitions: report
๐ India's forex reserves fall to $634.59 bn, down by $5.6 bn as of January 3
๐ Realtors, investors put $11.4 bn equity investments in Indian real estate during 2024: CBRE
๐ 34 mutual fund NFOs mobilised Rs 13,852 crore in December
๐ Govt sets wheat procurement target at 30 MT for 2025-26 season
๐ Indian Gas Exchange seeks regulatory nod to launch 3-6 month contract
๐ Govt releases tax devolution of Rs 1.73 lk cr to states to accelerate capital spending
๐ Taiwan chip giant TSMC says 2024 revenue rose 33.9%
๐ SBI Chairman pitches for dedicated institutions to track end-use of funds raised by small businesses
๐ Bihar cabinet nod for land acquisition for expansion of Darbhanga, Raxual airports
๐ 50 Amrit Bharat trains to be manufactured at ICF in next 2 yrs: Railway Minister Vaishnaw
*Mint*
๐ India's industrial production expands to six-month high of 5.2% YoY in Nov 2024
๐ 9.4% of Airbus deliveries came to India, 7.6% to IndiGo alone
๐ Oil Sanctions Concern Spurs Asian Buyers to Seek Alternatives
๐ SpiceJet to fly 10 grounded aircraft by mid-April
๐ Indian power company CESC's Q3 profit falls amid higher tax expenses
๐ Reits, InviTs, municipal bonds to see robust growth over next decade: Sebi chief
๐ Indian real estate records all-time high foreign investment of USD 11.4 bn in 2024
๐ India to be testbed for decarbonisation solutions globally, says GEAPP chief
๐ Vodafone Idea clears Indus Towers' outstanding dues with parent's fund infusion
๐ BlackRock part ways with major climate group after being targeted by Republicans
๐ Supreme Court stays โน1.5 trillion tax notices to online gaming companies
-Kunvarji Group
(For disclaimer, please visit www.kunvarji.com)
*Business Standard*
๐ India sees biggest bond outflows since 2020 amid global volatility
๐ India's rice stocks hit record high, wheat reserves continue to deplete
๐ Tesla recalls around 239,000 vehicles over rear-view camera issue
๐ India must lead in sunrise sectors to reach $32 trn economy by 2047: Kant
๐ Practo reports 22% rise in revenue in FY24, GMV crosses Rs 3,500 crore
๐ DPIIT holds meeting with AIFs to promote capital mobilisation for startups
๐ Vedanta Resources secures $300 million loan commitment for debt refinancing
๐ Microfinance sector shows signs of stress as delinquency rates rise
๐ USC seeks Indian collaborations to address healthcare challenges
๐ Nippon Life launches its first fund from GIFT City for global investors
๐ SECI's cumulative awarded renewable energy capacity exceeds 73 GW in Dec
๐ China expands consumer trade-in programme to revive consumer spending
*Economic Times*
๐ Practo reports 22pc rise in revenue in FY24, GMV crosses Rs 3,500 crore
๐ Indian unicorns hit $340 billion valuation in 2024 amid surge in IPOs, acquisitions: report
๐ India's forex reserves fall to $634.59 bn, down by $5.6 bn as of January 3
๐ Realtors, investors put $11.4 bn equity investments in Indian real estate during 2024: CBRE
๐ 34 mutual fund NFOs mobilised Rs 13,852 crore in December
๐ Govt sets wheat procurement target at 30 MT for 2025-26 season
๐ Indian Gas Exchange seeks regulatory nod to launch 3-6 month contract
๐ Govt releases tax devolution of Rs 1.73 lk cr to states to accelerate capital spending
๐ Taiwan chip giant TSMC says 2024 revenue rose 33.9%
๐ SBI Chairman pitches for dedicated institutions to track end-use of funds raised by small businesses
๐ Bihar cabinet nod for land acquisition for expansion of Darbhanga, Raxual airports
๐ 50 Amrit Bharat trains to be manufactured at ICF in next 2 yrs: Railway Minister Vaishnaw
*Mint*
๐ India's industrial production expands to six-month high of 5.2% YoY in Nov 2024
๐ 9.4% of Airbus deliveries came to India, 7.6% to IndiGo alone
๐ Oil Sanctions Concern Spurs Asian Buyers to Seek Alternatives
๐ SpiceJet to fly 10 grounded aircraft by mid-April
๐ Indian power company CESC's Q3 profit falls amid higher tax expenses
๐ Reits, InviTs, municipal bonds to see robust growth over next decade: Sebi chief
๐ Indian real estate records all-time high foreign investment of USD 11.4 bn in 2024
๐ India to be testbed for decarbonisation solutions globally, says GEAPP chief
๐ Vodafone Idea clears Indus Towers' outstanding dues with parent's fund infusion
๐ BlackRock part ways with major climate group after being targeted by Republicans
๐ Supreme Court stays โน1.5 trillion tax notices to online gaming companies
-Kunvarji Group
(For disclaimer, please visit www.kunvarji.com)
Kunvarji News Room
10 Jan, 13:45
*American Market Pre Open Update*
American equity index futures slips into red zone post the announcement of better than expected nonfarm payrolls as treasuries and dollar index surged sharply post data. Commodities including metals and bullion also fell on stronger dollar, however Crude prices continued to hold the today's upside.
*Global Equity Market Update*
*Dow Future (US):* 42344, -291.0 points/ -0.68%
*Nasdaq Future (US):* 20967, -214.0 points/ -1.01%
*CAC Future (France):* 7470, -26.0 points/ -0.35%
*DAX Future (Germany):* 20449, -2.0 points/ -0.02%
*FTSE Future (UK):* 8282, -38.0 points/ -0.46%
*Gift Nifty (India):* 23402, -108.0 points/ -0.46%
*Dollar Index:* 109.60, +0.60 points/+0.55%
American equity index futures slips into red zone post the announcement of better than expected nonfarm payrolls as treasuries and dollar index surged sharply post data. Commodities including metals and bullion also fell on stronger dollar, however Crude prices continued to hold the today's upside.
*Global Equity Market Update*
*Dow Future (US):* 42344, -291.0 points/ -0.68%
*Nasdaq Future (US):* 20967, -214.0 points/ -1.01%
*CAC Future (France):* 7470, -26.0 points/ -0.35%
*DAX Future (Germany):* 20449, -2.0 points/ -0.02%
*FTSE Future (UK):* 8282, -38.0 points/ -0.46%
*Gift Nifty (India):* 23402, -108.0 points/ -0.46%
*Dollar Index:* 109.60, +0.60 points/+0.55%
Kunvarji News Room
10 Jan, 13:34
*MACRO DATA IMPACT:* TRADERS SEE FED CUTTING RATES ONCE IN 2025, NO EARLIER THAN JUNE, AFTER STRONG JOBS DECEMBER JOBS DATA
Kunvarji News Room
10 Jan, 13:32
*U.S. Non-Farm Employment Change*
Current: 256k
Expected: 164k
Previous: 227k
*U.S. Unemployment Rate*
Current: 4.1%
Expected: 4.2%
Previous: 4.2%
*U.S. Average Hourly Earnings m/m*
Current: 0.3%
Expected: 0.3%
Previous: 0.4%
(Data seen higher than estimates, supportive for U.S. Dollar)
Current: 256k
Expected: 164k
Previous: 227k
*U.S. Unemployment Rate*
Current: 4.1%
Expected: 4.2%
Previous: 4.2%
*U.S. Average Hourly Earnings m/m*
Current: 0.3%
Expected: 0.3%
Previous: 0.4%
(Data seen higher than estimates, supportive for U.S. Dollar)
Kunvarji News Room
10 Jan, 13:11
Fund Flow Activity:
10 January 2025 (Rs. In Crs.)
Turnover: (NSE + BSE)
Cash Volume: 93383.55 + 5916.14 Total: 99299.69
F&O Volume: 12262882.6 + 5504218.13 Total: 17767100.73
Provisional Cash
FII/FPI: NET SELL:-2254.68
(10097.02 โ 12351.70)
DII: NET BUY: +3961.92
(14293.73 โ 10331.81)
10 January 2025 (Rs. In Crs.)
Turnover: (NSE + BSE)
Cash Volume: 93383.55 + 5916.14 Total: 99299.69
F&O Volume: 12262882.6 + 5504218.13 Total: 17767100.73
Provisional Cash
FII/FPI: NET SELL:-2254.68
(10097.02 โ 12351.70)
DII: NET BUY: +3961.92
(14293.73 โ 10331.81)
Kunvarji News Room
10 Jan, 12:48
*American Market Pre Open Update*
American equity index futures are trading in the marginal green zone while the market's focus will be on nonfarm payrolls data and consumer confidence due today. European and Asian markets were also consolidated in the tight range ahead of key figures.
In the pre-market session, Walgreens, Constellation, Delta Airlines, United Airlines and News Corp are trading in green zone while Travelers, AIG, Costar, Progressive and On Semiconductor are trading in red zone.
The dollar index and bond yields are trading in a range. The commodity basket saw trading with support in bullion and metals, while crude oil and natural gas continued to improve on fears of supply disruptions and hopes of rising demand.
*Global Equity Market Update*
*Dow Future (US):* 42605, -30.0 points/ -0.07%
*Nasdaq Future (US):* 21143, -38.0 points/ -0.18%
*CAC Future (France):* 7505, +9.0 points/ +0.12%
*DAX Future (Germany):* 20527, +76.0 points/ +0.37%
*FTSE Future (UK):* 8285, -36.0 points/ -0.43%
*Gift Nifty (India):* 23489, -21.0 points/ -0.09%
American equity index futures are trading in the marginal green zone while the market's focus will be on nonfarm payrolls data and consumer confidence due today. European and Asian markets were also consolidated in the tight range ahead of key figures.
In the pre-market session, Walgreens, Constellation, Delta Airlines, United Airlines and News Corp are trading in green zone while Travelers, AIG, Costar, Progressive and On Semiconductor are trading in red zone.
The dollar index and bond yields are trading in a range. The commodity basket saw trading with support in bullion and metals, while crude oil and natural gas continued to improve on fears of supply disruptions and hopes of rising demand.
*Global Equity Market Update*
*Dow Future (US):* 42605, -30.0 points/ -0.07%
*Nasdaq Future (US):* 21143, -38.0 points/ -0.18%
*CAC Future (France):* 7505, +9.0 points/ +0.12%
*DAX Future (Germany):* 20527, +76.0 points/ +0.37%
*FTSE Future (UK):* 8285, -36.0 points/ -0.43%
*Gift Nifty (India):* 23489, -21.0 points/ -0.09%
Kunvarji News Room
10 Jan, 09:39
*Kunvarji Cash Call/BTST:* ONGC Buy at 262.0 TGT 268.0 Stoploss 258.0 (15.08)
Kunvarji News Room
10 Jan, 08:59
Stock Update: *HCL TECH* at 52 week high as prices pierced 1990.0 levels, Support 1972.0 Target 2030.0
Kunvarji News Room
10 Jan, 08:51
*HBL ENGINEERING/KERNEX:* RAILWAY BUDGET FOR KAVACH COULD INCREASE IN BUDGET. KAVACH SPENDING COULD BE AROUND 12000 CR RUPEES: MEDIA SOURCES (SUPPORTIVE FOR STOCK PRICES)
Kunvarji News Room
10 Jan, 08:45
*CESC:* Q3 EBITDA 6.1B RUPEES VS 3.5B (YOY) || Q3 EBITDA MARGIN 17.13% VS 10.67% (YOY) (OPERATIONAL PERFORMANCE SEEN BETTER)
Kunvarji News Room
10 Jan, 08:32
Kunvarji: SBI Life 1500 CE book partial at 32.1, can hold position for TGT 44.0 (14.01)
Kunvarji News Room
10 Jan, 07:37
*Kunvarji Derivatives:* SBI Life 1500 CE Buy at 28.0 TGT 44.0 Stoploss 16. (13.06)
Kunvarji News Room
10 Jan, 06:20
*NEWS UPDATE:* SC STAYS THE GST SHOWCAUSE NOTICE ADDING UPTO 1.1 LAKH CR RUPEES (SUPPORTIVE FOR DELTA CORP & NAZARA)
Kunvarji News Room
10 Jan, 05:49
*Kunvarji Cash Call:* Redington Buy at 206.0 TGT 213.0 Stoploss 201.0 (11.18)
Kunvarji News Room
10 Jan, 05:19
Kunvarji: MARICO 680 CE book partial at 16.0, can hold position for TGT 24.0 (10.48)
Kunvarji News Room
10 Jan, 05:12
*ABFRL:* ABFRL to raise funds via stake sale to Promoters. ABFRL also to raise Rs up to 2000 cr via sale to Global Funds. Birla Group yet to comment on story: CNBC (Stock expected to remain on limelight, however formal announcements awaited)
Kunvarji News Room
08 Jan, 11:10
*American Market Pre Open Update*
US equity index futures trading in the green zone in the pre-open session, with the market's focus will be on the upcoming job market data and Federal Reserve meeting minutes today. In the pre-market session, Moderna, Micron, Hartford and NVIDIA are trading in the green zone while Revvity, Exon Mobil, Fox Corp, Advance Micro and Palantir are trading in the red zone.
The dollar index is trading in the green zone, while the American bond yields are trading in the range after yesterday's surge. In the commodity basket, bullion and energy saw trade with supportive move, while metals saw session with mixed sentiments.
*Global Equity Market Update*
*Dow Future (US):* 42658, +129.0 points/ +0.30%
*Nasdaq Future (US):* 21260, +85.0 points/ +0.40%
*CAC Future (France):* 7500, +4.0 points/ +0.05%
*DAX Future (Germany):* 20588, +105.0 points/ +0.51%
*FTSE Future (UK):* 8262, +12.0 points/ +0.15%
*Gift Nifty (India):* 23770, +15.0 points/ +0.06%
US equity index futures trading in the green zone in the pre-open session, with the market's focus will be on the upcoming job market data and Federal Reserve meeting minutes today. In the pre-market session, Moderna, Micron, Hartford and NVIDIA are trading in the green zone while Revvity, Exon Mobil, Fox Corp, Advance Micro and Palantir are trading in the red zone.
The dollar index is trading in the green zone, while the American bond yields are trading in the range after yesterday's surge. In the commodity basket, bullion and energy saw trade with supportive move, while metals saw session with mixed sentiments.
*Global Equity Market Update*
*Dow Future (US):* 42658, +129.0 points/ +0.30%
*Nasdaq Future (US):* 21260, +85.0 points/ +0.40%
*CAC Future (France):* 7500, +4.0 points/ +0.05%
*DAX Future (Germany):* 20588, +105.0 points/ +0.51%
*FTSE Future (UK):* 8262, +12.0 points/ +0.15%
*Gift Nifty (India):* 23770, +15.0 points/ +0.06%
Kunvarji News Room
08 Jan, 10:20
*BHEL:* Company announced the successful commissioning of Units 1 & 2 of the 6x170 MW Punatsangchhu-II Hydroelectric Project (PHEP-II) in Bhutan. (Sentimental supportive for stock prices)
Kunvarji News Room
08 Jan, 09:44
Kunvarji: Polyplex book partial at 1410.0 levels, can hold position for TGT 1460.0 (15.11)
Kunvarji News Room
08 Jan, 09:42
Kunvarji: Tata Consumer book partial at 963.8 levels, can hold position for TGT 980.0 (15.11)
Kunvarji News Room
08 Jan, 08:54
*Kunvarji Cash Call/BTST:* Indign Buy at 630.0 TGT 652.0 Stoploss 614.0 (14.23)
Kunvarji News Room
08 Jan, 08:46
Kunvarji: ONGC book partial at 273.2 levels, can hold position for TGT 277.0 (14.16)
Kunvarji News Room
08 Jan, 08:42
*TRANSFORMERS AND RECTIFIERS:* Q3 SL NET PROFT 505M RUPEES VS 134M (YOY) (NUMBERS SEEN BETTER YOY)
Kunvarji News Room
08 Jan, 08:37
*TRANSFORMERS AND RECTIFIERS:* CO APPROVED BONUS IN RATIO 1:1. TRANSFORMERS AND RECTIFIERS: CO APPROVED QIP ISSUE OF 7.5B RUPEES (SUPPORTIVE FOR TARIL, HOWEVER NUMBERS WOULD ALSO IMPORTANT)
Kunvarji News Room
08 Jan, 08:28
*Kunvarji Cash Call/BTST:* ONGC Buy at 269.0 TGT 277.0 Stoploss 265.0 (13.56)
Kunvarji News Room
08 Jan, 08:24
*UBL:* CO HAS DECIDED TO SUSPEND THE SUPPLY OF ITS BEER TO TELANGANA BEVERAGES CORPORATION LIMITED (TGBCL) WITH IMMEDIATE EFFECT (NEUTRAL TO NEGATIVE FOR UBL)
Kunvarji News Room
08 Jan, 08:14
*Kunvarji Cash Call:* Tata Consumer Buy at 956.0 TGT 980.0 Stoploss 940.0 (13.44)
Kunvarji News Room
08 Jan, 07:56
*Kunvarji Cash Call:* Oil Ind Buy at 483.0 TGT 498.0 Stoploss 473.0 (13.24)
Kunvarji News Room
08 Jan, 07:55
*SUVEN LIFE SCIENCES:* CO ANNOUNCES FIRST SUBJECTS DOSED IN PHASE-1 CLINICAL TRIAL OF SUVN-I6107, A TRUE MUSCARINIC M1 POSITIVE ALLOSTERIC MODULATOR (M1 PAM) FOR THE TREATMENT OF COGNITIVE DISORDERS (SUPPORTIVE FOR STOCK PRICES)
Kunvarji News Room
08 Jan, 07:29
*VISAKA INDUSTRIES:* CO GETS CERTIFICATION BY MNRE FOR INTEGRATED SOLAR ROOF SOLUTION THAT IS CERTIFIED UNDER THE APPROVED LIST OF MODELS AND MANUFACTURERS (SUPPORTIVE FOR STOCK PRICES)
Kunvarji News Room
08 Jan, 07:12
*EMS LTD:* CO WINS ORDER WORTH 416 CR RUPEES (SUPPORTIVE FOR STOCK PRICES)
Kunvarji News Room
08 Jan, 06:33
*News Update:* SC agrees to hear online gaming industry pleas by industry. (Supportive for stocks like Delta corp and Nazara. The outcome of hearing would be important)
Kunvarji News Room
08 Jan, 06:07
Kunvarji: Max Health book partial at 1227.0 levels, can hold position for TGT 1254.0 (11.35)
Kunvarji News Room
08 Jan, 06:04
Kunvarji: MARUTI 12000 CE book partial at 174.0 levels, can hold position for TGT 210.0 (11.33)
Kunvarji News Room
08 Jan, 05:58
*MAHINDRA AND APOLLO HOSPITALS:* MICROSOFT ANNOUNCES AI TIE-UPS WITH INDIAN COS INCLUDING MAHINDRAAND APOLLO HOSPITALS (SUPPORTIVE FOR STOCK PRICES)
Kunvarji News Room
08 Jan, 05:50
*L&T:* CO WINS CONTRACT || LARGE CONTRACT VALUES UPTO 1000 TO 2500 CR RUPEES (NEUTRAL FOR STOCK PRICES)
Kunvarji News Room
04 Jan, 13:29
*HDFC BANK Q3 UPDATE*
Gross Advances Up 0.9% QoQ & 3% YoY At โน25,425 Bn
Deposits Up 2.5% QoQ & 15.8% YoY At โน25,635 Bn
CASA Deposits Down 1.2% QoQ & 4.4% YoY At 8,725 Bn
Time Deposits Up 4.6% QoQ & 22.7% YoY At โน16,910 Bn
AUM Up 2.5% QoQ & 7.6% YoY At โน26,276 Bn
CASA Ratio At 34.04% Vs 35.34% QoQ & Vs 37.74% YoY
Credit-Deposit Ratio At 99.18% Vs 100.76%QoQ & vs 111.53% YoY
(NUMBERS IMPROVED YOY, HOWEVER FLAT GROWTH SEEN QOQ AS PER SECTOR TREND)
Gross Advances Up 0.9% QoQ & 3% YoY At โน25,425 Bn
Deposits Up 2.5% QoQ & 15.8% YoY At โน25,635 Bn
CASA Deposits Down 1.2% QoQ & 4.4% YoY At 8,725 Bn
Time Deposits Up 4.6% QoQ & 22.7% YoY At โน16,910 Bn
AUM Up 2.5% QoQ & 7.6% YoY At โน26,276 Bn
CASA Ratio At 34.04% Vs 35.34% QoQ & Vs 37.74% YoY
Credit-Deposit Ratio At 99.18% Vs 100.76%QoQ & vs 111.53% YoY
(NUMBERS IMPROVED YOY, HOWEVER FLAT GROWTH SEEN QOQ AS PER SECTOR TREND)
Kunvarji News Room
04 Jan, 12:30
*Kunvarji Research: Weekly Equity Cash and Derivative Coverage*
*Weekly snapshot:* Indian equity indices closed with marginal gains while consolidation has seen on lack of global cues during the first week of the calendar year.
*Indices Performance:* Nifty 50 Index closed with a gains of 0.80 percent while Nifty Bank underperformed and closed with a loss of 0.63 percent.
*Weekly Fund-flow Activities:* During the week, FIIs have sold equities worth of Rs 11041.6 cr while DIIs have bought equities of Rs 9253.7 cr in cash segment during the week.
*Macro Data:* U.S. FOMC meeting minutes, U.S. nonfarm payrolls, Indian GDP growth, Chinese macro data and service PMI from major economies are among the major economic events for the upcoming week.
*Weekly Outlook:* Indian equities expected to remain focused on the resumption of trading volumes in the global markets after New Year holidays. The focus would be on series on economic data has scheduled during the next week.
For Weekly Equity Research Report please visit: https://tinyurl.com/38tp46e6
For Weekly Derivative Research Report please visit: https://tinyurl.com/w2z87pcs
For Disclaimer please visit: https://kunvarjiwealth.com/disclaimer/
*Weekly snapshot:* Indian equity indices closed with marginal gains while consolidation has seen on lack of global cues during the first week of the calendar year.
*Indices Performance:* Nifty 50 Index closed with a gains of 0.80 percent while Nifty Bank underperformed and closed with a loss of 0.63 percent.
*Weekly Fund-flow Activities:* During the week, FIIs have sold equities worth of Rs 11041.6 cr while DIIs have bought equities of Rs 9253.7 cr in cash segment during the week.
*Macro Data:* U.S. FOMC meeting minutes, U.S. nonfarm payrolls, Indian GDP growth, Chinese macro data and service PMI from major economies are among the major economic events for the upcoming week.
*Weekly Outlook:* Indian equities expected to remain focused on the resumption of trading volumes in the global markets after New Year holidays. The focus would be on series on economic data has scheduled during the next week.
For Weekly Equity Research Report please visit: https://tinyurl.com/38tp46e6
For Weekly Derivative Research Report please visit: https://tinyurl.com/w2z87pcs
For Disclaimer please visit: https://kunvarjiwealth.com/disclaimer/
Kunvarji News Room
04 Jan, 10:17
*IPO Opens from 06th January 2025: Standard Glass Lining Technology Limited*
*Link to Apply for an IPO:* https://tinyurl.com/39e5ds6h
*Research Coverage:* https://tinyurl.com/z8teet65
*Link to Apply for an IPO:* https://tinyurl.com/39e5ds6h
*Research Coverage:* https://tinyurl.com/z8teet65
Kunvarji News Room
04 Jan, 00:38
*News Headlines from Business News Agencies:*
*Business Standard*
๐ Govt moves to tighten rules for transparency in GM crop panel decisions
๐ Apple's China challenge deepens as foreign phone sales slump 47.4% in Nov
๐ Govt, Startup Policy Forum team up to make India a global innovation hub
๐ Sebi warns investment banking firm JM Financial of lapses in due diligence
๐ Rural poverty ratio drops below 5% for the first time in FY24: SBI report
๐ UP govt plans Rs 4,000 cr corpus to boost startups, innovation ecosystem
๐ UTI MF launches Quant Fund focusing on quantitative investment theme
๐ India's investment banking fees reach $1.3 bn in 2024, Kotak Mahindra leads
๐ Govt cuts natural gas quota for LPG production, diverts to city retailers
๐ Rajasthan saw over 200 mn tourists till Nov, including 1.9 mn foreigners
๐ Western Carriers India bags Rs 139 cr material handling order from Vedanta
๐ Centre amends norms to boost capex loans to states amid spending decline
*Economic Times*
๐ CCI confirms Appleโs anti-competitive practices in app store probe
๐ Garuda Aerospace and REIL to set up remote pilot training organisation in Jaipur
๐ India's forex reserves fall to $640.28 bn, down by $4.1 bn as of Dec 27
๐ HUL in acquisition talks with D2C brand Minimalist valuing it at Rs 3,000 crore: sources
๐ Tata Elxsi to team up with Qualcomm for next-gen mobility solutions
๐ IDFC First Bank Q3 Update: Lender reports 25% YoY growth in total business to Rs 4,58,213 crore
๐ India gold demand lags; China premiums rise ahead of Lunar New Year
๐ Indian banks to see range-bound 12.5% credit growth in 2024-25: HSBC
๐ Value of under-construction residential projects soars by 55% in 2024
๐ DPIIT joins hands with Startup Policy Forum to establish India as global innovation hub
๐ RBI may reduce policy rates by 50 basis points in the first half of 2025: Jefferies
*Mint*
๐ Dabur expects low-single digit revenue growth, flattish operating profit in inflation hit Q3
๐ PLI schemes to boost revenue of 720 companies by $459 billion: Goldman Sachs
๐ Boeing adds more surprise quality checks in its factories
๐ Net office leasing at record 495.6 lakh sq ft in 2024 in 7 cities, Bengaluru sees 64 pc rise: Report
๐ Cold wave to boost wheat and mustard crops; may hit chickpea and potato yield
๐ Filmmaker Vipul Amrutlal Shahโs Sunshine Pictures files for IPO
๐ SBI launches online onboarding process for NRIs to open accounts
๐ Tullow Gains on $320 Million Ghana Tax Arbitration Case Win
๐ TATA AIG General Insurance Company names Amit Ganorkar as new CEO & MD
๐ We have major infra, slum redevelopment plans for Mumbai North in 2025: Goyal
๐ Heritage Foods eyes expansion, launch of more value-added dairy products
-Kunvarji Group
(For disclaimer, please visit www.kunvarji.com)
*Business Standard*
๐ Govt moves to tighten rules for transparency in GM crop panel decisions
๐ Apple's China challenge deepens as foreign phone sales slump 47.4% in Nov
๐ Govt, Startup Policy Forum team up to make India a global innovation hub
๐ Sebi warns investment banking firm JM Financial of lapses in due diligence
๐ Rural poverty ratio drops below 5% for the first time in FY24: SBI report
๐ UP govt plans Rs 4,000 cr corpus to boost startups, innovation ecosystem
๐ UTI MF launches Quant Fund focusing on quantitative investment theme
๐ India's investment banking fees reach $1.3 bn in 2024, Kotak Mahindra leads
๐ Govt cuts natural gas quota for LPG production, diverts to city retailers
๐ Rajasthan saw over 200 mn tourists till Nov, including 1.9 mn foreigners
๐ Western Carriers India bags Rs 139 cr material handling order from Vedanta
๐ Centre amends norms to boost capex loans to states amid spending decline
*Economic Times*
๐ CCI confirms Appleโs anti-competitive practices in app store probe
๐ Garuda Aerospace and REIL to set up remote pilot training organisation in Jaipur
๐ India's forex reserves fall to $640.28 bn, down by $4.1 bn as of Dec 27
๐ HUL in acquisition talks with D2C brand Minimalist valuing it at Rs 3,000 crore: sources
๐ Tata Elxsi to team up with Qualcomm for next-gen mobility solutions
๐ IDFC First Bank Q3 Update: Lender reports 25% YoY growth in total business to Rs 4,58,213 crore
๐ India gold demand lags; China premiums rise ahead of Lunar New Year
๐ Indian banks to see range-bound 12.5% credit growth in 2024-25: HSBC
๐ Value of under-construction residential projects soars by 55% in 2024
๐ DPIIT joins hands with Startup Policy Forum to establish India as global innovation hub
๐ RBI may reduce policy rates by 50 basis points in the first half of 2025: Jefferies
*Mint*
๐ Dabur expects low-single digit revenue growth, flattish operating profit in inflation hit Q3
๐ PLI schemes to boost revenue of 720 companies by $459 billion: Goldman Sachs
๐ Boeing adds more surprise quality checks in its factories
๐ Net office leasing at record 495.6 lakh sq ft in 2024 in 7 cities, Bengaluru sees 64 pc rise: Report
๐ Cold wave to boost wheat and mustard crops; may hit chickpea and potato yield
๐ Filmmaker Vipul Amrutlal Shahโs Sunshine Pictures files for IPO
๐ SBI launches online onboarding process for NRIs to open accounts
๐ Tullow Gains on $320 Million Ghana Tax Arbitration Case Win
๐ TATA AIG General Insurance Company names Amit Ganorkar as new CEO & MD
๐ We have major infra, slum redevelopment plans for Mumbai North in 2025: Goyal
๐ Heritage Foods eyes expansion, launch of more value-added dairy products
-Kunvarji Group
(For disclaimer, please visit www.kunvarji.com)
Kunvarji News Room
03 Jan, 14:24
*American Market Pre Open Update*
American market index futures are trading in the green zone in the pre-open session, but Asian and European markets are trading on weak signals for the second consecutive trading session of the calendar year. In the pre-open session, News Corp, Constellation Energy, Las Vegas Sands are trading in green zone while Adobe, Costar and Brown Forman are trading in red zone.
A underperformance in emerging markets continued amid selling from foreign institutional investors, policy uncertainties in the US, higher energy prices, weaker-than-expected economic data from China, news of the spread of a virus like pneumonia in China and weakness in emerging market currencies have resulted in volatility in global markets.
Dollar index and US bond yields are trading lower due to which bullion and metals are trading with support.
*Global Equity Market Update*
*Dow Future (US):* 42571, +173.0 points/ +0.41%
*Nasdaq Future (US):* 21087, +111.0 points/ +0.53%
*CAC Future (France):* 7315, -87.0 points/ -1.18%
*DAX Future (Germany):* 20060, -84.0 points/ -0.42%
*FTSE Future (UK):* 8271, +5.0 points/ +0.06%
*Gift Nifty (India):* 24087, +27.0 points/ +0.11%
American market index futures are trading in the green zone in the pre-open session, but Asian and European markets are trading on weak signals for the second consecutive trading session of the calendar year. In the pre-open session, News Corp, Constellation Energy, Las Vegas Sands are trading in green zone while Adobe, Costar and Brown Forman are trading in red zone.
A underperformance in emerging markets continued amid selling from foreign institutional investors, policy uncertainties in the US, higher energy prices, weaker-than-expected economic data from China, news of the spread of a virus like pneumonia in China and weakness in emerging market currencies have resulted in volatility in global markets.
Dollar index and US bond yields are trading lower due to which bullion and metals are trading with support.
*Global Equity Market Update*
*Dow Future (US):* 42571, +173.0 points/ +0.41%
*Nasdaq Future (US):* 21087, +111.0 points/ +0.53%
*CAC Future (France):* 7315, -87.0 points/ -1.18%
*DAX Future (Germany):* 20060, -84.0 points/ -0.42%
*FTSE Future (UK):* 8271, +5.0 points/ +0.06%
*Gift Nifty (India):* 24087, +27.0 points/ +0.11%
Kunvarji News Room
03 Jan, 12:59
Fund Flow Activity:
03 January 2025 (Rs. In Crs.)
Turnover: (NSE + BSE)
Cash Volume: 106093.57 + 6398.77 Total: 112492.34
F&O Volume: 9070975.83 + 43098070.14 Total: 52169045.97
Provisional Cash
FII/FPI: NET SELL: -4227.25
(10812.78 - 15040.03)
DII: NET BUY: +820.6
(14332.69 - 13512.09)
03 January 2025 (Rs. In Crs.)
Turnover: (NSE + BSE)
Cash Volume: 106093.57 + 6398.77 Total: 112492.34
F&O Volume: 9070975.83 + 43098070.14 Total: 52169045.97
Provisional Cash
FII/FPI: NET SELL: -4227.25
(10812.78 - 15040.03)
DII: NET BUY: +820.6
(14332.69 - 13512.09)
Kunvarji News Room
03 Jan, 09:15
*KEC:* CO WINS ORDERS OF RUPEES 1,097 CR (SUPPORTIVE FOR STOCK PRICES)
Kunvarji News Room
03 Jan, 09:14
*SURANA TELECOM AND POWER:* CO TO SELL LAND AND 5 MW SOLAR PROJECT FOR 33.3 CR RUPEES (SUPPORTIVE FOR STOCK PRICES)
Kunvarji News Room
03 Jan, 09:11
Stock Update: *TAJGVK* at 52 week high as prices pierced 449.0 levels, Support 437.0 Target 468.0
Kunvarji News Room
03 Jan, 09:07
*Kunvarji Cash Call/BTST:* Goodluck India Buy at 993.0 TGT 1034.0 Stoploss 970.0 (14.36)
Kunvarji News Room
03 Jan, 08:52
*Kunvarji Cash Call/BTST:* HUL Buy at 2404.0 TGT 2440.0 Stoploss 2372.0 (14.22)
Kunvarji News Room
03 Jan, 08:49
Kunvarji: Dabur 530.0 CALL book partial at 13.2, can hold position for TGT 21.0 (14.18)
Kunvarji News Room
03 Jan, 08:39
Stock Update: *TAJ GVK* at 52 week high as prices pierced 454.0 levels, Support 444.0 Target 470.0
Kunvarji News Room
03 Jan, 08:31
*Kunvarji Cash Call/BTST:* Sanstar Buy at 131.8 TGT 137.0 Stoploss 127.0 (14.00)
Kunvarji News Room
03 Jan, 08:01
Stock Update: *GHCL* at 52 week high as prices pierced 760.0 levels, Support 751.0 Target 784.0
Kunvarji News Room
03 Jan, 07:52
*AARTI PHARMALABS:* CO HAS RECEIVED DIRECTION FROM THE GUJARAT POLLUTION CONTROL BOARD CLOSURE OF MANUFACTURING ACTIVITIES AT THE COMPANYโS VAPI PLANT (SENTIMENT NEGATIVE FOR STOCK PRICES)
Kunvarji News Room
26 Dec, 04:37
Kunvarji: Petronet book partial at 343.2 can hold position for TGT 350.0 (10.07)
Kunvarji News Room
26 Dec, 04:30
*Kunvarji Cash Call:* Star Health Buy at 489.0 TGT 504.0 Stoploss 483.0 (09.55)
Kunvarji News Room
26 Dec, 04:08
*Kunvarji Cash Call:* Orient Cem Buy at 345.8 TGT 354.0 Stoploss 340.0 (09.38)
Kunvarji News Room
26 Dec, 04:05
*Kunvarji Cash Call:* Welcorp Buy at 795.0 TGT 824.0 Stoploss 780.0 (09.32)
Kunvarji News Room
26 Dec, 02:23
*Indian Equities Pre Open Update*
Indian equities expected to open with flat note while volatility expected amid monthly expiry of December series.
*Global Peers Update:* Asian markets opened with muted note while selected market to remain shut today. U.S. equity indices futures were in a tight range as markets were shut for Christmas, while Wall Street saw a rally in megacap stocks in a shortened trading session a day earlier.
*Sectors to Watch:* Selective Financials, Construction and Oil downstream stocks expected to remain on focus during the day.
*GIFT NIFTY Price* 23796.0 *Adjusted Change:* +25.0 Points, Percent Change: +0.11%
*Technical Levels: Nifty Near Future*
*Support*: 23678.0/23592.0
*Resistance*: 23901.0/23994.0
*Technical Levels: Bank Nifty Near Future*
*Support*: 51002.0/50853.0
*Resistance*: 51480.0/51621.0
Indian equities expected to open with flat note while volatility expected amid monthly expiry of December series.
*Global Peers Update:* Asian markets opened with muted note while selected market to remain shut today. U.S. equity indices futures were in a tight range as markets were shut for Christmas, while Wall Street saw a rally in megacap stocks in a shortened trading session a day earlier.
*Sectors to Watch:* Selective Financials, Construction and Oil downstream stocks expected to remain on focus during the day.
*GIFT NIFTY Price* 23796.0 *Adjusted Change:* +25.0 Points, Percent Change: +0.11%
*Technical Levels: Nifty Near Future*
*Support*: 23678.0/23592.0
*Resistance*: 23901.0/23994.0
*Technical Levels: Bank Nifty Near Future*
*Support*: 51002.0/50853.0
*Resistance*: 51480.0/51621.0
Kunvarji News Room
26 Dec, 02:20
*Kunvarji: Fund Houses Recommendations*
Elara on *Oberoi Real:* Maintain Buy on Company, target price at Rs 2350/Sh (Positive)
MOSL on *Raymond Lifestyle:* Maintain Buy on Company, target price at Rs 3000/Sh (Positive)
MOSL on *PNB Housing:* Maintain Buy on Company, target price at Rs 1160/Sh (Positive)
ICICI on *Cello:* Maintain Buy on Company, target price at Rs 960/Sh (Positive)
Emkay on *Ujjivan SFB:* Maintain Buy on Company, target price at Rs 45/Sh (Positive)
Emkay on *RBL Bank:* Maintain Buy on Bank, target price at Rs 250/Sh (Positive)
Emkay on *Indusind Bank:* Maintain Buy on Bank, target price at Rs 1650/Sh (Positive)
MOSL on Autos: November saw a 4% YoY growth in PV dispatch. *M&M* and Toyota led YTD with notable market share gains. (Positive)
MS on *Oil and Gas Sector:* Indiaโs natural gas demand rose 3% YoY in Nov and 7% YTD FY25, driven by a 10% increase in industrial and city gas sectors (Neutral)
JP Morgan on Credit card spending: Spends at *SBI Cards* down 20% YoY (Neutral)
MOSL on *TCI Express:* Maintain Neutral on Company, target price at Rs 940/Sh (Neutral)
MS on *SBI Cards:* Maintain Equal weight on Company, target price at Rs 650/Sh (Neutral)
Emkay on *Credit Access:* Maintain Buy on Company, cut target price at Rs 900/Sh (Positive)
Elara on *Oberoi Real:* Maintain Buy on Company, target price at Rs 2350/Sh (Positive)
MOSL on *Raymond Lifestyle:* Maintain Buy on Company, target price at Rs 3000/Sh (Positive)
MOSL on *PNB Housing:* Maintain Buy on Company, target price at Rs 1160/Sh (Positive)
ICICI on *Cello:* Maintain Buy on Company, target price at Rs 960/Sh (Positive)
Emkay on *Ujjivan SFB:* Maintain Buy on Company, target price at Rs 45/Sh (Positive)
Emkay on *RBL Bank:* Maintain Buy on Bank, target price at Rs 250/Sh (Positive)
Emkay on *Indusind Bank:* Maintain Buy on Bank, target price at Rs 1650/Sh (Positive)
MOSL on Autos: November saw a 4% YoY growth in PV dispatch. *M&M* and Toyota led YTD with notable market share gains. (Positive)
MS on *Oil and Gas Sector:* Indiaโs natural gas demand rose 3% YoY in Nov and 7% YTD FY25, driven by a 10% increase in industrial and city gas sectors (Neutral)
JP Morgan on Credit card spending: Spends at *SBI Cards* down 20% YoY (Neutral)
MOSL on *TCI Express:* Maintain Neutral on Company, target price at Rs 940/Sh (Neutral)
MS on *SBI Cards:* Maintain Equal weight on Company, target price at Rs 650/Sh (Neutral)
Emkay on *Credit Access:* Maintain Buy on Company, cut target price at Rs 900/Sh (Positive)
Kunvarji News Room
26 Dec, 01:53
*Global Equitiesโ Update*
Asian markets opened with muted note while selected market to remain shut today. U.S. equity indices futures were in a tight range as markets were shut for Christmas, while Wall Street saw a rally in megacap stocks in a shortened trading session a day earlier.
*Dow Future (US):* 43241, -9.0 points/ -0.02%
*Nasdaq Future (US):* 21846, +17.0 points/ +0.08%
*Taiex Future (Taiwan):* 23311, -15.0 points/ -0.06%
*Kospi (South Korea):* 2441, +0.5 points/ +0.02%
*Nikkei Index (Japan):* 39288, +251.0 points/ +0.64%
*Gift Nifty: (India)* 23800, +29.0 points/ +0.12% (Adjusted)
Asian markets opened with muted note while selected market to remain shut today. U.S. equity indices futures were in a tight range as markets were shut for Christmas, while Wall Street saw a rally in megacap stocks in a shortened trading session a day earlier.
*Dow Future (US):* 43241, -9.0 points/ -0.02%
*Nasdaq Future (US):* 21846, +17.0 points/ +0.08%
*Taiex Future (Taiwan):* 23311, -15.0 points/ -0.06%
*Kospi (South Korea):* 2441, +0.5 points/ +0.02%
*Nikkei Index (Japan):* 39288, +251.0 points/ +0.64%
*Gift Nifty: (India)* 23800, +29.0 points/ +0.12% (Adjusted)
Kunvarji News Room
26 Dec, 01:46
manufacturing facility in France. (Negative)
*BPL:* Supreme Court orders BPL to remit Rs. 72 Crores to M/s Morgan Securities and Credits Private Limited on or before 25.12.2024. (Negative)
*BPL:* Supreme Court orders BPL to remit Rs. 72 Crores to M/s Morgan Securities and Credits Private Limited on or before 25.12.2024. (Negative)
Kunvarji News Room
26 Dec, 01:46
*Kunvarji: India Daybook โ Stocks in News*
*Welspun Corp:* Company wins Rs 130 crore order from Saudi Arabia for steel pipes and coating (Positive)
*NALCO:* Company signs mining lease deed for amalgmated Utkal-D & Utkal E-Coal block to enhance coal production capacity to 4 MTPA. (Positive)
*CG Power:* Company incorporates Axiro Semiconductor in USA. (Positive)
*Redington:* Company partners with Tunga Aerospace to drive UAV innovation in India (Positive)
*Refex Industries:* Company will divest up to 33% equity in subsidiary Venwind Refex power Limited (Positive)
*Ceigall India:* Company Arm signs concession agreement with NHAI for โน981 crore project (Positive)
*Transport Corporation:* Company will sell its chemical logistics business to its wholly-owned subsidiary, TCI Chemlog Private Limited, for Rs 45 Cr. (Positive)
*Ramky Infrastructure:* Company announced receiving a Letter of Acceptance for order worth โน215.08 cr from Hyderabad Metropolitan Water Supply and Sewerage Board (Positive)
*A B Cotspin:* Company announced 300 KW Expansion Of its solar Power Plant capacity, bringing the total to 2800 KW. (Positive)
*Panacea Biotec:* Company gets letter of award from UNICEF for supply of 115 million doses of its bivalent oral polio vaccine bOPV worth $14.95 million in FY2025. (Positive)
*Max India:* Company has approved the sale of 3 floors owned at Max Towers, Noida, to MTPL for Rs. 105.08 crore. (Positive)
*Swiggy:* Company Partners with NSE to Empower its Delivery Partners with Financial Literacy Programs. (Positive)
*Western Carrier:* Company has received Work Order from TATA International Ltd, Order worth Rs 8 Cr. (Positive)
*Walchandnagar:* Company has received a Purchase Order from Fluorine Korea Co. Ltd. for manufacture and supply of HF Reactor for FK Fischer Project. Order worth Rs 44.95 Cr. (Positive)
*Seamec:* Company signed a BIMCO Charter Party with Asian Energy Services to deploy the vessel "SEAMEC III" for SAT diving operations on India's East Coast. (Positive)
*Ultratech:* India cement has become a subsidiary of the Company with effect from 24th December, 2024. (Positive)
*OLA Elect:* Opens 3,200+ new stores co-located with service centers (Positive)
*Sunrest Lifescience:* Ms Nishi Shah resigned as Company Secretary & Compliance Offices (Neutral)
*Hester Biosciences:* Company COO, Dr Ram Prakash Resigned (Neutral)
*VR Infraspace:* Company's subsidiary, Daxon Realty, executed a mortgage with Bajaj Housing Finance Limited on Dec 23, 2024. (Neutral)
*Bharat Forge:* Company announced an investment of โฌ39 million in its wholly-owned subsidiary, Bharat Forge Global Holding GmbH. (Neutral)
*Afcons:* Company wins Global MIKE Award and IEI Industry Excellence Award. (Neutral)
*Godawari Power:* Company acquired a 51% stake in Jammu Pigments Limited , a metals recycling company, for Rs 255 Cr. GPIL already owns 49% of JPL. (Neutral)
*ICICI Bank:* Bank to report Q3 earnings on January 25, 2025. Neutral)
*Apollo Hospitals:* Company Arm โApollo Healthcoโ to acquire software business from Searchlight Health for Rs 67.5 crore (Neutral)
*HG Infra:* H.G. Green Energy transferred a 26% stake in four wholly-owned subsidiaries to Stockwell Solar Services Pvt Ltd. (Neutral)
*Dabur:* Company has accused Patanjali of making misleading claims in an advertisement featuring its founder, Baba Ramdev (Neutral)
*Bharat Forge:* Company to infuse $64.50 m in arm Bharat Forge America Inc. (Neutral)
*HUDCO:* Board meeting today to mull fundraising (Neutral)
*L&T:* Company gets penalty of Rs 42 lakh for disallowing transitional credit claim from Central Tax, Visakhapatnam. (Neutral)
*Indian Oil:* Company to invest Rs 61,000 crore in establishing a naphtha cracker project at Paradip, Odisha. (Neutral)
*Bharat Petroluem:* Company picks Andhra Pradesh for India's last Greenfield refinery project. (Neutral)
*NTPC Green:* Shareholder lock-in period ends today. (Neutral)
*Gland Pharma:* Arm receives 10 observations from ANSM France for
*Welspun Corp:* Company wins Rs 130 crore order from Saudi Arabia for steel pipes and coating (Positive)
*NALCO:* Company signs mining lease deed for amalgmated Utkal-D & Utkal E-Coal block to enhance coal production capacity to 4 MTPA. (Positive)
*CG Power:* Company incorporates Axiro Semiconductor in USA. (Positive)
*Redington:* Company partners with Tunga Aerospace to drive UAV innovation in India (Positive)
*Refex Industries:* Company will divest up to 33% equity in subsidiary Venwind Refex power Limited (Positive)
*Ceigall India:* Company Arm signs concession agreement with NHAI for โน981 crore project (Positive)
*Transport Corporation:* Company will sell its chemical logistics business to its wholly-owned subsidiary, TCI Chemlog Private Limited, for Rs 45 Cr. (Positive)
*Ramky Infrastructure:* Company announced receiving a Letter of Acceptance for order worth โน215.08 cr from Hyderabad Metropolitan Water Supply and Sewerage Board (Positive)
*A B Cotspin:* Company announced 300 KW Expansion Of its solar Power Plant capacity, bringing the total to 2800 KW. (Positive)
*Panacea Biotec:* Company gets letter of award from UNICEF for supply of 115 million doses of its bivalent oral polio vaccine bOPV worth $14.95 million in FY2025. (Positive)
*Max India:* Company has approved the sale of 3 floors owned at Max Towers, Noida, to MTPL for Rs. 105.08 crore. (Positive)
*Swiggy:* Company Partners with NSE to Empower its Delivery Partners with Financial Literacy Programs. (Positive)
*Western Carrier:* Company has received Work Order from TATA International Ltd, Order worth Rs 8 Cr. (Positive)
*Walchandnagar:* Company has received a Purchase Order from Fluorine Korea Co. Ltd. for manufacture and supply of HF Reactor for FK Fischer Project. Order worth Rs 44.95 Cr. (Positive)
*Seamec:* Company signed a BIMCO Charter Party with Asian Energy Services to deploy the vessel "SEAMEC III" for SAT diving operations on India's East Coast. (Positive)
*Ultratech:* India cement has become a subsidiary of the Company with effect from 24th December, 2024. (Positive)
*OLA Elect:* Opens 3,200+ new stores co-located with service centers (Positive)
*Sunrest Lifescience:* Ms Nishi Shah resigned as Company Secretary & Compliance Offices (Neutral)
*Hester Biosciences:* Company COO, Dr Ram Prakash Resigned (Neutral)
*VR Infraspace:* Company's subsidiary, Daxon Realty, executed a mortgage with Bajaj Housing Finance Limited on Dec 23, 2024. (Neutral)
*Bharat Forge:* Company announced an investment of โฌ39 million in its wholly-owned subsidiary, Bharat Forge Global Holding GmbH. (Neutral)
*Afcons:* Company wins Global MIKE Award and IEI Industry Excellence Award. (Neutral)
*Godawari Power:* Company acquired a 51% stake in Jammu Pigments Limited , a metals recycling company, for Rs 255 Cr. GPIL already owns 49% of JPL. (Neutral)
*ICICI Bank:* Bank to report Q3 earnings on January 25, 2025. Neutral)
*Apollo Hospitals:* Company Arm โApollo Healthcoโ to acquire software business from Searchlight Health for Rs 67.5 crore (Neutral)
*HG Infra:* H.G. Green Energy transferred a 26% stake in four wholly-owned subsidiaries to Stockwell Solar Services Pvt Ltd. (Neutral)
*Dabur:* Company has accused Patanjali of making misleading claims in an advertisement featuring its founder, Baba Ramdev (Neutral)
*Bharat Forge:* Company to infuse $64.50 m in arm Bharat Forge America Inc. (Neutral)
*HUDCO:* Board meeting today to mull fundraising (Neutral)
*L&T:* Company gets penalty of Rs 42 lakh for disallowing transitional credit claim from Central Tax, Visakhapatnam. (Neutral)
*Indian Oil:* Company to invest Rs 61,000 crore in establishing a naphtha cracker project at Paradip, Odisha. (Neutral)
*Bharat Petroluem:* Company picks Andhra Pradesh for India's last Greenfield refinery project. (Neutral)
*NTPC Green:* Shareholder lock-in period ends today. (Neutral)
*Gland Pharma:* Arm receives 10 observations from ANSM France for
Kunvarji News Room
26 Dec, 00:08
*News Headlines from Business News Agencies:*
*Business Standard*
๐ Banks' average daily reserves fall after FIT framework: RBI report
๐ Cotton growers' body seeks Rs 500 cr for drip irrigation in rainfed areas
๐ Govt reforms must start at grassroot level: Union Minister Jitendra Singh
๐ In a first, micro insurance premium in life segment tops Rs 10k cr in FY24
๐ PPI wallets register 20% drop to 1.14 bn in November, says RBI data
๐ Arunish Chawla named revenue secy, Vineet Joshi to be higher education secy
๐ China issues 19 mn metric tons of fuel under 2025 1st batch export quota
๐ Govt launches 10k agri cooperatives, aims for 200k target in 5 yrs: Shah
๐ Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival
๐ Improved efficiency, demand help hospital chains make gains in 2024
*Economic Times*
๐ IndiGo expects to carry 112 mn passengers in 2024: CEO Pieter Elbers
25 Dec, 2024 06:45 PM IST
๐ J&K Bank appoints Amitava Chatterjee as its new MD
๐Depreciation of rupees helps exports more than an appreciating currency helping in imports: RBI study
๐ Russia is using bitcoin in foreign trade, finance minister says
๐ N. Srinivasan resigns as CEO, MD of India Cements
๐ Honda, Nissan deal may be key in fight against Chinaโs BYD
๐ FPI inflows into Indian equities drop sharply in 2024; rebound anticipated in 2025
๐ India's GDP to stay at 6.5% in FY25 & FY26 provided govt accelerates capex in rest of the year: EY
๐India's insurance penetration declines for second consecutive fiscal year
๐ KKR, Bain bids ranged from $4.8 bn to $7.6 bn for Seven & i assets
*Mint*
๐ Govt to improve quality spending, cut fiscal deficit to 4.5% in FY26: FinMin
๐ Indian Railways eyes modernization in Union Budget 2025-26
๐ Ola Electric opens 3,200 new stores, launches limited-edition S1 Pro Sona model
๐ Russia's domestic LPG prices halve in December following EU embargo on exports
๐ EPFO membership surges with 1.34 million net additions in October
๐ Nikeโs strategy for a turnaround needs the second shoe to drop
๐ Honda-Nissan potential merger raises questions about timing
๐ Hisense in talks with contract manufacturer Epack Durable to pick minority stake
๐ MahaRERA implements homebuyer-friendly policies to boost real estate confidence
๐ China accounted for 80% of global EV sales growth in 2024 : IEA report
-Kunvarji Group
(For disclaimer, please visit www.kunvarji.com)
*Business Standard*
๐ Banks' average daily reserves fall after FIT framework: RBI report
๐ Cotton growers' body seeks Rs 500 cr for drip irrigation in rainfed areas
๐ Govt reforms must start at grassroot level: Union Minister Jitendra Singh
๐ In a first, micro insurance premium in life segment tops Rs 10k cr in FY24
๐ PPI wallets register 20% drop to 1.14 bn in November, says RBI data
๐ Arunish Chawla named revenue secy, Vineet Joshi to be higher education secy
๐ China issues 19 mn metric tons of fuel under 2025 1st batch export quota
๐ Govt launches 10k agri cooperatives, aims for 200k target in 5 yrs: Shah
๐ Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival
๐ Improved efficiency, demand help hospital chains make gains in 2024
*Economic Times*
๐ IndiGo expects to carry 112 mn passengers in 2024: CEO Pieter Elbers
25 Dec, 2024 06:45 PM IST
๐ J&K Bank appoints Amitava Chatterjee as its new MD
๐Depreciation of rupees helps exports more than an appreciating currency helping in imports: RBI study
๐ Russia is using bitcoin in foreign trade, finance minister says
๐ N. Srinivasan resigns as CEO, MD of India Cements
๐ Honda, Nissan deal may be key in fight against Chinaโs BYD
๐ FPI inflows into Indian equities drop sharply in 2024; rebound anticipated in 2025
๐ India's GDP to stay at 6.5% in FY25 & FY26 provided govt accelerates capex in rest of the year: EY
๐India's insurance penetration declines for second consecutive fiscal year
๐ KKR, Bain bids ranged from $4.8 bn to $7.6 bn for Seven & i assets
*Mint*
๐ Govt to improve quality spending, cut fiscal deficit to 4.5% in FY26: FinMin
๐ Indian Railways eyes modernization in Union Budget 2025-26
๐ Ola Electric opens 3,200 new stores, launches limited-edition S1 Pro Sona model
๐ Russia's domestic LPG prices halve in December following EU embargo on exports
๐ EPFO membership surges with 1.34 million net additions in October
๐ Nikeโs strategy for a turnaround needs the second shoe to drop
๐ Honda-Nissan potential merger raises questions about timing
๐ Hisense in talks with contract manufacturer Epack Durable to pick minority stake
๐ MahaRERA implements homebuyer-friendly policies to boost real estate confidence
๐ China accounted for 80% of global EV sales growth in 2024 : IEA report
-Kunvarji Group
(For disclaimer, please visit www.kunvarji.com)
Kunvarji News Room
26 Dec, 00:07
*Economic Calendar โ 26.12.2024*
Hong Kong, U.K., Germany, France @ Market Holiday
*19.00 U.S. Unemployment Claims (Expected: 218K versus Previous: 220K)*
Hong Kong, U.K., Germany, France @ Market Holiday
*19.00 U.S. Unemployment Claims (Expected: 218K versus Previous: 220K)*
Kunvarji News Room
25 Dec, 00:53
*News Headlines from Business News Agencies:*
*Business Standard*
๐ BPCL announces Rs 6,100 cr refinery project in Andhra, wins NTPC solar bid
๐ Logistics, Industrial spaces demand seen at 50-53 mn sq ft in 2024: Report
๐ BigBloc's arm Siam Cement wins order from Tata for semiconductor unit
๐ Truckmaker Daimler India's TN plant receives IGBC platinum certification
๐ Indian carriers see 12% more domestic flyers at 14.2 million in Nov
๐ GIFT City FMEs face IFSCA scrutiny over failure to meet substance norms
๐ NFRA slaps a penalty of Rs 2 crore on Deloitte Haskins for ZEEL audit
๐ Govt launches AI tools, e-com safety measures to boost consumer protection
๐ Puri, Varanasi, Haridwar top spiritual destinations in 2024: Oyo report
๐ Centre to launch toll-free farmer helpline in 2025 to address grievances
๐ Govt reviews $30 billion sulphur-cutting programme for coal plants
*Economic Times*
๐ Indian Oil Corp to invest 610 bln rupees in naphtha cracker project in Odisha state
๐ Tata AIA achieves 99.13% claim settlement ratio in FY 2023-24
๐ American Airlines grounds all US flights on busy Christmas Eve
๐ Dabur moves Delhi HC against Patanjali over Chyawanprash ad campaign
๐ Gujarat's Project Setu reviews 380 key projects worth Rs 78,001 cr with 60 pc success rate
๐ Private equity investments in Indian real estate sector increase by 10%
๐ German government asked to speed up international student visas as labour crisis bites
๐ Raise import duty on petchem: Trade body SOS to govt
๐ Indian state refiners may buy Mideast spot oil to replace Russian shortfall
๐ UPI QR transactions jump 33% at retail stores in Bharat this year: Report
๐ Digital lenders disburse 3 crore loans worth Rs 37,000 crore in Q2FY25: FACE
*Mint*
๐ Walmart sued for opening 1 mn illegal accounts, making false promises to drivers
๐ China to raise fiscal deficit next year to support struggling economy
๐ FICCI urges Chemicals Ministry to hike petrochem product import duty to 12.5%
๐ Moody's eye low margin in Honda's Auto biz; likely be risky in Honda-Nissan deal
๐ Operating losses of e-pharmacies seen falling below 10% next financial year: Crisil report
๐ Medical devices maker Poly Medicure to focus on exports amid geopolitical shift
๐ Ventive Hospitality IPO subscribed 9.8x on Day 3
๐ Astra, Daiichi Withdraw EU Application for Lung Cancer Drug
๐ Mizuho CEO Sees Global Boom in M&A After Trump Takes Office
๐ China's CATL launches EV chassis, flagging safety as top selling point
๐ Razorpay allots ESOPs worth โน1 lakh to all employees
-Kunvarji Group
(For disclaimer, please visit www.kunvarji.com)
*Business Standard*
๐ BPCL announces Rs 6,100 cr refinery project in Andhra, wins NTPC solar bid
๐ Logistics, Industrial spaces demand seen at 50-53 mn sq ft in 2024: Report
๐ BigBloc's arm Siam Cement wins order from Tata for semiconductor unit
๐ Truckmaker Daimler India's TN plant receives IGBC platinum certification
๐ Indian carriers see 12% more domestic flyers at 14.2 million in Nov
๐ GIFT City FMEs face IFSCA scrutiny over failure to meet substance norms
๐ NFRA slaps a penalty of Rs 2 crore on Deloitte Haskins for ZEEL audit
๐ Govt launches AI tools, e-com safety measures to boost consumer protection
๐ Puri, Varanasi, Haridwar top spiritual destinations in 2024: Oyo report
๐ Centre to launch toll-free farmer helpline in 2025 to address grievances
๐ Govt reviews $30 billion sulphur-cutting programme for coal plants
*Economic Times*
๐ Indian Oil Corp to invest 610 bln rupees in naphtha cracker project in Odisha state
๐ Tata AIA achieves 99.13% claim settlement ratio in FY 2023-24
๐ American Airlines grounds all US flights on busy Christmas Eve
๐ Dabur moves Delhi HC against Patanjali over Chyawanprash ad campaign
๐ Gujarat's Project Setu reviews 380 key projects worth Rs 78,001 cr with 60 pc success rate
๐ Private equity investments in Indian real estate sector increase by 10%
๐ German government asked to speed up international student visas as labour crisis bites
๐ Raise import duty on petchem: Trade body SOS to govt
๐ Indian state refiners may buy Mideast spot oil to replace Russian shortfall
๐ UPI QR transactions jump 33% at retail stores in Bharat this year: Report
๐ Digital lenders disburse 3 crore loans worth Rs 37,000 crore in Q2FY25: FACE
*Mint*
๐ Walmart sued for opening 1 mn illegal accounts, making false promises to drivers
๐ China to raise fiscal deficit next year to support struggling economy
๐ FICCI urges Chemicals Ministry to hike petrochem product import duty to 12.5%
๐ Moody's eye low margin in Honda's Auto biz; likely be risky in Honda-Nissan deal
๐ Operating losses of e-pharmacies seen falling below 10% next financial year: Crisil report
๐ Medical devices maker Poly Medicure to focus on exports amid geopolitical shift
๐ Ventive Hospitality IPO subscribed 9.8x on Day 3
๐ Astra, Daiichi Withdraw EU Application for Lung Cancer Drug
๐ Mizuho CEO Sees Global Boom in M&A After Trump Takes Office
๐ China's CATL launches EV chassis, flagging safety as top selling point
๐ Razorpay allots ESOPs worth โน1 lakh to all employees
-Kunvarji Group
(For disclaimer, please visit www.kunvarji.com)
Kunvarji News Room
25 Dec, 00:52
*Economic Calendar โ 25.12.2024*
Europe, India, U.K., U.S., Hong Kong, South Korea, Germany, France @ Market Holiday
*TENT Japan BOJ Gov Ueda Speaks*
Europe, India, U.K., U.S., Hong Kong, South Korea, Germany, France @ Market Holiday
*TENT Japan BOJ Gov Ueda Speaks*
Kunvarji News Room
24 Dec, 12:53
Fund Flow Activity:
24 December 2024 (Rs. In Crs.)
Turnover: (NSE + BSE)
Cash Volume: 76436.14 + 5249.17 Total: 81685.31
F&O Volume: 38944527.67 + 948986.19 Total: 39893513.86
Provisional Cash
FII/FPI: NET SEL: -2454.21
(4932.76 - 7386.97)
DII: NET BUY: +2819.25
(10514.3 - 7695.05)
24 December 2024 (Rs. In Crs.)
Turnover: (NSE + BSE)
Cash Volume: 76436.14 + 5249.17 Total: 81685.31
F&O Volume: 38944527.67 + 948986.19 Total: 39893513.86
Provisional Cash
FII/FPI: NET SEL: -2454.21
(4932.76 - 7386.97)
DII: NET BUY: +2819.25
(10514.3 - 7695.05)
Kunvarji News Room
24 Dec, 12:25
*American Market Pre Open Update*
US equity indices are trading in a range in the pre-open market, with a lack of major cues and consolidation has seen for today. Major European markets are closed today and Britain will remain open until 18:30 pm. Dollar index and Treasury yields have also seen range trading on absence of major cues.
In the American pre open market Brown Forman, Aments, Decker's and Broadcom are trading in the green zone while Cognizant, Bank of New York and GE Healthcare are trading in the red zone.
Metals and Crude Oil are trading marginally higher today due to expectations of stimulus measures from China.
*Global Equity Market Update*
*Dow Future (US):* 42890, -16.0 points/ -0.04%
*NASDAQ Future (US):* 21543, +46.0 points/ +0.21%
*FTSE Future (UK):* 8163, +46.0 points/ +0.57%
*CAC Future (France):* 7318, +36.0 points/ +0.49%
*Gift Nifty (India):* 23780, +7.0 points/ +0.03%
US equity indices are trading in a range in the pre-open market, with a lack of major cues and consolidation has seen for today. Major European markets are closed today and Britain will remain open until 18:30 pm. Dollar index and Treasury yields have also seen range trading on absence of major cues.
In the American pre open market Brown Forman, Aments, Decker's and Broadcom are trading in the green zone while Cognizant, Bank of New York and GE Healthcare are trading in the red zone.
Metals and Crude Oil are trading marginally higher today due to expectations of stimulus measures from China.
*Global Equity Market Update*
*Dow Future (US):* 42890, -16.0 points/ -0.04%
*NASDAQ Future (US):* 21543, +46.0 points/ +0.21%
*FTSE Future (UK):* 8163, +46.0 points/ +0.57%
*CAC Future (France):* 7318, +36.0 points/ +0.49%
*Gift Nifty (India):* 23780, +7.0 points/ +0.03%
Kunvarji News Room
24 Dec, 10:38
*IPO Opens from 26th December 2024: Anya Polytech & Fert Limited (SME IPO)*
*Research Coverage:* https://tinyurl.com/y2vf3d4n
*Research Coverage:* https://tinyurl.com/y2vf3d4n
Kunvarji News Room
24 Dec, 09:53
*Biocon:* Company received a Voluntary Action Indicated (VAI) status from the U.S. Food and Drug Administration (US FDA) for its Bengaluru API facility following a Sept 16-20, 2024 inspection. (Supportive for stock prices)
Kunvarji News Room
22 Nov, 14:55
*Global Equity Market Update*
*Dow Future (US):* 44135, +264.0 points/ +0.60%
*Nasdaq Future (US):* 20718, -24.0 points/ -0.11%
*DAX Future (Germany):* 19354, +150.0 points/ +0.70%
*CAC Future (France):* 7246, +20.0 points/ +0.28%
*FTSE Future (UK):* 8277, +101.0 points/ +1.24%
*Gift Nifty (India):* 23937, +83.0 points/ +0.35%
*Dow Future (US):* 44135, +264.0 points/ +0.60%
*Nasdaq Future (US):* 20718, -24.0 points/ -0.11%
*DAX Future (Germany):* 19354, +150.0 points/ +0.70%
*CAC Future (France):* 7246, +20.0 points/ +0.28%
*FTSE Future (UK):* 8277, +101.0 points/ +1.24%
*Gift Nifty (India):* 23937, +83.0 points/ +0.35%
Kunvarji News Room
22 Nov, 14:49
*U.S. Flash Manufacturing PMI*
*Current:* 48.8
*Expected:* 48.8
*Previous:* 48.5
*U.S. Flash Services PMI*
*Current:* 57.0
*Expected:* 55.2
*Previous:* 55.0
(Data marginal supportive for US Dollar)
*Current:* 48.8
*Expected:* 48.8
*Previous:* 48.5
*U.S. Flash Services PMI*
*Current:* 57.0
*Expected:* 55.2
*Previous:* 55.0
(Data marginal supportive for US Dollar)
Kunvarji News Room
22 Nov, 14:27
*American Market Pre Open Update*
US equity indices opened with mixed signals as the market focused on the economic data. As weaker-than-expected manufacturing data ruled the weakness in the euro and sterling, European and British equity indices recovered from the day's lows and swing into green territory.
In the commodity market, metals and crude oil are trading with mixed signals as a result of weaker-than-expected manufacturing data from major economies and prevailed strength in the dollar index.
*Global Equity Market Update*
*Dow Future (US):* 43912, +41.0 points/ +0.09%
*Nasdaq Future (US):* 20710, -32.0 points/ -0.15%
*DAX Future (Germany):* 19293, +89.0 points/ +0.46%
*CAC Future (France):* 7238, +12.0 points/ +0.17%
*FTSE Future (UK):* 8269, +93.0 points/ +1.13%
*Gift Nifty (India):* 23908, +53.0 points/ +0.22%
US equity indices opened with mixed signals as the market focused on the economic data. As weaker-than-expected manufacturing data ruled the weakness in the euro and sterling, European and British equity indices recovered from the day's lows and swing into green territory.
In the commodity market, metals and crude oil are trading with mixed signals as a result of weaker-than-expected manufacturing data from major economies and prevailed strength in the dollar index.
*Global Equity Market Update*
*Dow Future (US):* 43912, +41.0 points/ +0.09%
*Nasdaq Future (US):* 20710, -32.0 points/ -0.15%
*DAX Future (Germany):* 19293, +89.0 points/ +0.46%
*CAC Future (France):* 7238, +12.0 points/ +0.17%
*FTSE Future (UK):* 8269, +93.0 points/ +1.13%
*Gift Nifty (India):* 23908, +53.0 points/ +0.22%
Kunvarji News Room
22 Nov, 13:24
*Index Update:* *Zomato* to replace *JSW Steel* in Sensex from Dec 23: BSE (Zomato expected to remain on limelight)
Kunvarji News Room
22 Nov, 12:49
Fund Flow Activity:
22 November 2024 (Rs. In Crs.)
Turnover: (NSE + BSE)
Cash Volume: 101525.18 + 7029.97 Total: 108555.15
F&O Volume: 652553.5 + 33737771.89 Total: 34390325.39
Provisional Cash
FII/FPI: NET SELL: -1278.37
(16985.36 โ 18263.73)
DII: NET BUY: +1722.15
(12251.72 โ 10529.57)
22 November 2024 (Rs. In Crs.)
Turnover: (NSE + BSE)
Cash Volume: 101525.18 + 7029.97 Total: 108555.15
F&O Volume: 652553.5 + 33737771.89 Total: 34390325.39
Provisional Cash
FII/FPI: NET SELL: -1278.37
(16985.36 โ 18263.73)
DII: NET BUY: +1722.15
(12251.72 โ 10529.57)
Kunvarji News Room
22 Nov, 09:59
*DIXON TECH:* INDIA WILL OFFER UP TO US$5 BILLION IN INCENTIVES TO LOCAL ELECTRONICS COMPANIES TO MAKE COMPONENTS FOR GADGETS FROM MOBILES TO LAPTOPS- RTRS (SUPPORTIVE FOR STOCK PRICES)
Kunvarji News Room
22 Nov, 09:51
*NATIONAL FERTILIZERS:* CO SAYS TO PRODUCE HITECH NANO UREA AT ITS NANGAL PLANT (SUPPORTIVE FOR STOCK PRICES)
Kunvarji News Room
22 Nov, 09:26
Kunvarji: NLC India book partial at 266.0, can hold position for TGT 272.0 (14.56)
Kunvarji News Room
22 Nov, 08:55
*Kunvarji Cash Call/BTST:* NLC India Buy at 260.8 TGT 272.0 Stoploss 253.0 (14.24)
Kunvarji News Room
22 Nov, 08:33
*Kunvarji Cash Call/BTST:* Polycab Buy at 6618.0 TGT 6780.0 Stoploss 6501.0 (14.02)
Kunvarji News Room
22 Nov, 08:31
*Indian Equities Update*
Indian equities have traded in the green zone amid the short covering from PSU Banks, Technology and Realty stocks.
*Nifty Spot:* 23814, Up 464 points
*Bank Nifty Spot:* 51220, Up 812 points
Indian equities have traded in the green zone amid the short covering from PSU Banks, Technology and Realty stocks.
*Nifty Spot:* 23814, Up 464 points
*Bank Nifty Spot:* 51220, Up 812 points
Kunvarji News Room
22 Nov, 07:42
Kunvarji: NALCO book partial at 255.6, can hold position for TGT 264.0 (13.12)
Kunvarji News Room
22 Nov, 07:36
*PARAS DEFENCE:* ISRO CHAIRMAN SAYS CO HAS THE ABILITY TO MEET REQUIREMENTS OF ISRO - NDTV (SUPPORTIVE FOR STOCK PRICES)
Kunvarji News Room
22 Nov, 07:28
Stock Update: *KRSNAA DIAG* at 52 week high as prices pierced 972.0 levels, Support 954.0 Target 1010.0
Kunvarji News Room
22 Nov, 07:12
*Kunvarji Cash Call:* NALCO Buy at 251.0 TGT 264.0 Stoploss 246.0 (12.40)
Kunvarji News Room
22 Nov, 06:59
Stock Update: *ABSLAMC* at 52 week high as prices pierced 847.0 levels, Support 830.0 Target 868.0
Kunvarji News Room
22 Nov, 06:47
Kunvarji: Phoenix Mills book partial at 1575.0, can hold position for TGT 1598.0 (12.17)
Kunvarji News Room
22 Nov, 06:40
Kunvarji: Brigade book partial at 1207.0, can hold position for TGT 1240.0 (12.10)
Kunvarji News Room
22 Nov, 06:32
Kunvarji: Sobha book partial at 1622, can hold position for TGT 1680.0 (12.02)
Kunvarji News Room
19 Nov, 06:10
*BAJAJ AUTO AND ATUL AUTO:* GOVT RESTORES SUBSIDIES FOR ELECTRIC 3-WHEELERS (SUPPORTIVE FOR STOCK PRICES)
Kunvarji News Room
19 Nov, 06:07
*Kunvarji Cash Call:* Amber Ent Buy at 6290.0 TGT 6420.0 Stoploss 6180.0 (11.35)
Kunvarji News Room
19 Nov, 05:01
*Kunvarji Cash Call:* Thomas Cook Buy at 206.8 TGT 214.0 Stoploss 202.8 (10.30)
Kunvarji News Room
19 Nov, 04:58
*Indian Equities Update*
Indian equities have recovered during the day on back of supportive global cues. Public Sector and Auto stocks are outperforming during the day.
*Nifty Spot:* 23736, Up 282 points
*Bank Nifty Spot:* 50967, Up 537 points
Indian equities have recovered during the day on back of supportive global cues. Public Sector and Auto stocks are outperforming during the day.
*Nifty Spot:* 23736, Up 282 points
*Bank Nifty Spot:* 50967, Up 537 points
Kunvarji News Room
19 Nov, 04:55
Stock Update: *SYRMA SGS* at highest levels since February as prices pierced 580.0 levels, Support 572.0 Target 608.0
Kunvarji News Room
19 Nov, 04:37
*NEWS UPDATE:* India is considering selling minority stakes in four state-owned banksโUCO Bank, Punjab and Sind Bank, Indian Overseas Bank, and Central Bank of Indiaโto meet public shareholding requirements. The Finance Ministry will seek cabinet approval for the sale at the right time, but the timing and amount of the sale are still undecided.: Reuters.
Kunvarji News Room
19 Nov, 04:28
Stock Update: *COFORGE* at 52 week high as prices pierced 8159.0 levels, Support 8080.0 Target 8300.0
Kunvarji News Room
19 Nov, 04:26
Stock Update: *INDIAN HOTELS* at 52 week high as prices pierced 747.0 levels, Support 739.0 Target 762.0
Kunvarji News Room
19 Nov, 04:19
*Kunvarji Cash Call:* KIMS Buy above 567.8 TGT 584.0 Stoploss 558.0 (09.17)
Kunvarji News Room
19 Nov, 03:59
Kunvarji: United Spirits book partial at 1488.0, can hold position for TGT 1530.0 (09.28)
Kunvarji: PayTM TGT 820 almost achieved (09.28)
Kunvarji: PayTM TGT 820 almost achieved (09.28)
Kunvarji News Room
19 Nov, 03:55
*Kunvarji High Conviction Call:* RK Forging Buy at 962.0 TGT 1038.0 Stoploss 930.0 (09.24)
Kunvarji News Room
19 Nov, 03:51
*Kunvarji High Conviction Call:* Archean Chem Buy at 699.0 TGT 740 Stoploss 670.0 (09.17)
Kunvarji News Room
19 Nov, 03:50
*Kunvarji Cash Call:* PayTM Buy at 798.5 TGT 820 Stoploss 784.0 (09.17)
Kunvarji News Room
19 Nov, 03:45
Kunvarji: PLATIND book partial at 428.8, can hold position for TGT 442.0 (09.15)
Kunvarji: Aeroflex book partial at 182, can hold position for TGT 186.0 (09.15)
Kunvarji: Aeroflex book partial at 182, can hold position for TGT 186.0 (09.15)
Kunvarji News Room
19 Nov, 02:54
*Securities in F&O Ban For Trade Date 19-November-2024*
* ABFRL
* AARTIIND
* GRANULES
* GNFC
* HINDCOPPER
* ABFRL
* AARTIIND
* GRANULES
* GNFC
* HINDCOPPER
Kunvarji News Room
19 Nov, 02:26
*Kunvarji: Fund Houses Recommendations*
Citi on *Indus Towers:* Maintain Buy on Company, target price at Rs 485/Sh (Positive)
GS on *Indigo:* Maintain Buy on Company, target price at Rs 4800/Sh (Positive)
UBS on *R.K. Forging:* Maintain Buy on Company, target price at Rs 1500/Sh (Positive)
UBS on *Life Insurance:* Believe insurance companies' growth has been largely driven by ULIP segment (Positive)
CLSA on *M&M:* Maintain Outperform on Company, target price at Rs 3440/Sh (Neutral)
MS on *Suzlon:* Upgrade to Overweight from Equal-weight; cut target price to Rs 71 from Rs 78 (Neutral)
HSBC on *Glenmark:* Maintain Hold on Company, target price at Rs 1600/Sh (Neutral)
Citi on *Indus Towers:* Maintain Buy on Company, target price at Rs 485/Sh (Positive)
GS on *Indigo:* Maintain Buy on Company, target price at Rs 4800/Sh (Positive)
UBS on *R.K. Forging:* Maintain Buy on Company, target price at Rs 1500/Sh (Positive)
UBS on *Life Insurance:* Believe insurance companies' growth has been largely driven by ULIP segment (Positive)
CLSA on *M&M:* Maintain Outperform on Company, target price at Rs 3440/Sh (Neutral)
MS on *Suzlon:* Upgrade to Overweight from Equal-weight; cut target price to Rs 71 from Rs 78 (Neutral)
HSBC on *Glenmark:* Maintain Hold on Company, target price at Rs 1600/Sh (Neutral)
Kunvarji News Room
19 Nov, 02:16
*DIPAM ISSUED REVISED GUIDLINES ON PSUs* Other than banks and Insurance
* DIPAM issues consolidated and revised guidelines on Capital Restructuring of CPSEs
* Guidelines stipulate eligibility conditions for CPSEs for payment of dividend, buy-back of shares, issue of bonus shares and Stock split
(Guidelines are operational in nature, however dividend payout would be marginal higher)
* DIPAM issues consolidated and revised guidelines on Capital Restructuring of CPSEs
* Guidelines stipulate eligibility conditions for CPSEs for payment of dividend, buy-back of shares, issue of bonus shares and Stock split
(Guidelines are operational in nature, however dividend payout would be marginal higher)
Kunvarji News Room
19 Nov, 02:08
*Indian Equities Pre Open Update*
Indian equities expected to open with flat note while volatility expected to be seen before important events.
*Global Peers Update:* Asian markets opened with the marginal gains while range trade has seen post opening. U.S. equity index futures have extended consolidation as sentiment remained cautious ahead of quarterly earnings from heavyweights including Walmart and NVIDIA during this week.
*Sectors to Watch:* Aviation, Selective Metals, Insurance and Oil upstream stocks likely to remain on focus during the day.
*GIFT NIFTY Price* 23574.0 *Adjusted Change:* +60.0 Points, Percent Change: +0.26%
*Technical Levels: Nifty Near Future*
*Support*: 23454.0/23365.0
*Resistance*: 23649.0/23740.0
*Technical Levels: Bank Nifty Near Future*
*Support*: 50212.0/50068.0
*Resistance*: 50608.0/50754.0
Indian equities expected to open with flat note while volatility expected to be seen before important events.
*Global Peers Update:* Asian markets opened with the marginal gains while range trade has seen post opening. U.S. equity index futures have extended consolidation as sentiment remained cautious ahead of quarterly earnings from heavyweights including Walmart and NVIDIA during this week.
*Sectors to Watch:* Aviation, Selective Metals, Insurance and Oil upstream stocks likely to remain on focus during the day.
*GIFT NIFTY Price* 23574.0 *Adjusted Change:* +60.0 Points, Percent Change: +0.26%
*Technical Levels: Nifty Near Future*
*Support*: 23454.0/23365.0
*Resistance*: 23649.0/23740.0
*Technical Levels: Bank Nifty Near Future*
*Support*: 50212.0/50068.0
*Resistance*: 50608.0/50754.0
Kunvarji News Room
16 Nov, 10:28
Kunvarji Research: Weekly Equity Cash and Derivative Coverage
Weekly snapshot: Indian equity indices closed lower as the sentiments remained resisted by mixed set of quarterly earrings coupled with selling from foreign institutions.
Indices Performance: Nifty 50 has closed with a loss of 2.55 percent while Nifty Bank performed inline and closed with a loss of 2.68 percent.
Weekly Fund-Flow Activities: During the week, FIIs have sold equities worth of Rs 9683.6 cr while DIIs have bought equities of Rs 12508.1 cr in cash segment.
Macro Data: Chinese loan prime rates, U.S. home sales and manufacturing data from the major economies are among scheduled events for the upcoming week.
Weekly Outlook: During the coming week, the volatility expected to prevail with the focus on global sentiments coupled with the outcome from scheduled state elections. The institutional activities are also expected to remain on the focus to map the market momentum.
For Weekly Equity Research Report please visit: https://tinyurl.com/mtn6sw3h
For Weekly Derivative Research Report please visit: https://tinyurl.com/2m66mcme
For Disclaimer please visit: https://kunvarjiwealth.com/disclaimer/
Weekly snapshot: Indian equity indices closed lower as the sentiments remained resisted by mixed set of quarterly earrings coupled with selling from foreign institutions.
Indices Performance: Nifty 50 has closed with a loss of 2.55 percent while Nifty Bank performed inline and closed with a loss of 2.68 percent.
Weekly Fund-Flow Activities: During the week, FIIs have sold equities worth of Rs 9683.6 cr while DIIs have bought equities of Rs 12508.1 cr in cash segment.
Macro Data: Chinese loan prime rates, U.S. home sales and manufacturing data from the major economies are among scheduled events for the upcoming week.
Weekly Outlook: During the coming week, the volatility expected to prevail with the focus on global sentiments coupled with the outcome from scheduled state elections. The institutional activities are also expected to remain on the focus to map the market momentum.
For Weekly Equity Research Report please visit: https://tinyurl.com/mtn6sw3h
For Weekly Derivative Research Report please visit: https://tinyurl.com/2m66mcme
For Disclaimer please visit: https://kunvarjiwealth.com/disclaimer/
Kunvarji News Room
15 Nov, 15:09
*Global Equity Market Update*
*Dow Future (US):* 43472, -279.0 points/ -0.64%
*Nasdaq Future (US):* 20570, -328.0 points/ -1.57%
*DAX Future (Germany):* 19287, -30.0 points/ -0.16%
*CAC Future (France):* 7298, -14.0 points/ -0.19%
*FTSE Future (UK):* 8091, -4.0 points/ -0.04%
*Gift Nifty (India):* 23505, -97.0 points/ -0.41%
*Dow Future (US):* 43472, -279.0 points/ -0.64%
*Nasdaq Future (US):* 20570, -328.0 points/ -1.57%
*DAX Future (Germany):* 19287, -30.0 points/ -0.16%
*CAC Future (France):* 7298, -14.0 points/ -0.19%
*FTSE Future (UK):* 8091, -4.0 points/ -0.04%
*Gift Nifty (India):* 23505, -97.0 points/ -0.41%
Kunvarji News Room
15 Nov, 09:57
*CLSA on Global Strategy:*
* Has reversed its earlier Tactical allocation
* Has increased India allocation to 20% overweight and cut exposure to China
* Says FIIโs were waiting for a correction to Buy in India
* India: DII continue to be buyer
(Within shorter run, fund house has reversed tactical allocation from China)
* Has reversed its earlier Tactical allocation
* Has increased India allocation to 20% overweight and cut exposure to China
* Says FIIโs were waiting for a correction to Buy in India
* India: DII continue to be buyer
(Within shorter run, fund house has reversed tactical allocation from China)
Kunvarji News Room
15 Nov, 09:24
*Global Equities Update*
Global markets extended move in the red zone, however European markets are trading in a tight range.
*Dow Future (US):* 43581, -170.0 points/ -0.39%
*Nasdaq Future (US):* 20717, -181.0 points/ -0.87%
*FTSE Future (UK):* 8094, -1.0 points/ -0.01%
*DAX Future (Germany):* 19270, -47.0 points/ -0.24%
*CAC Future (France):* 7302, -11.0 points/ -0.25%
*Gift Nifty: (India)* 23560, -42.0 points/ -0.18% (Adjusted)
Global markets extended move in the red zone, however European markets are trading in a tight range.
*Dow Future (US):* 43581, -170.0 points/ -0.39%
*Nasdaq Future (US):* 20717, -181.0 points/ -0.87%
*FTSE Future (UK):* 8094, -1.0 points/ -0.01%
*DAX Future (Germany):* 19270, -47.0 points/ -0.24%
*CAC Future (France):* 7302, -11.0 points/ -0.25%
*Gift Nifty: (India)* 23560, -42.0 points/ -0.18% (Adjusted)
Kunvarji News Room
15 Nov, 03:16
*Global Equities Update*
Asian equity indices are trading in the green zone with a tight range with uncertainties over the interest rate scenario in the U.S. amid the bullish macroeconomic data, while Japan and China recorded mixed set of macroeconomic data in the morning.
*Global Equity Indices Update*
*Dow Future (US):* 43660, -91.0 points/ -0.21%
*Nasdaq Future (US):* 20814, -84.0 points/ -0.40%
*FTSE Future (UK):* 8078, -17.0 points/ -0.21%
*DAX Future (Germany):* 19272, -45.0 points/ -0.23%
*Taiex Future (Taiwan):* 22780, +90.0 points/ +0.40%
*Kospi (South Korea):* 2410, -9.0 points/ -0.37%
*Hang Seng Future (Hong Kong):* 19585, +144.0 points/ +0.74%
*Nikkei Index (Japan):* 38901, +397.0 points/ +1.03%
*Gift Nifty: (India)* 23648, +46.0 points/ +0.20% (Adjusted)
Asian equity indices are trading in the green zone with a tight range with uncertainties over the interest rate scenario in the U.S. amid the bullish macroeconomic data, while Japan and China recorded mixed set of macroeconomic data in the morning.
*Global Equity Indices Update*
*Dow Future (US):* 43660, -91.0 points/ -0.21%
*Nasdaq Future (US):* 20814, -84.0 points/ -0.40%
*FTSE Future (UK):* 8078, -17.0 points/ -0.21%
*DAX Future (Germany):* 19272, -45.0 points/ -0.23%
*Taiex Future (Taiwan):* 22780, +90.0 points/ +0.40%
*Kospi (South Korea):* 2410, -9.0 points/ -0.37%
*Hang Seng Future (Hong Kong):* 19585, +144.0 points/ +0.74%
*Nikkei Index (Japan):* 38901, +397.0 points/ +1.03%
*Gift Nifty: (India)* 23648, +46.0 points/ +0.20% (Adjusted)
Kunvarji News Room
15 Nov, 01:14
*Q2FY25 EARNING CALENDAR 15.11.2024*
HDIL
*Q2FY25 EARNING CALENDAR 16.11.2024*
DBEIL
*Q2FY25 EARNING CALENDAR 18.11.2024*
GODAVARIB, VALECHAENG, WAAREEENER
HDIL
*Q2FY25 EARNING CALENDAR 16.11.2024*
DBEIL
*Q2FY25 EARNING CALENDAR 18.11.2024*
GODAVARIB, VALECHAENG, WAAREEENER
Kunvarji News Room
15 Nov, 01:13
*Major U.S. listed stocks result calendar 15.11.2024*
*Alibaba Group Holding Limited* (Pre market) (Sector- Technology)
*Alibaba Group Holding Limited* (Pre market) (Sector- Technology)
Kunvarji News Room
15 Nov, 01:12
*Economic Calendar โ 15.11.2024*
India Market @ Holiday
*07.30 CHINA Industrial Production y/y (Expected: 5.5% versus Previous: 5.4%)*
*07.30 CHINA Retail Sales y/y (Expected: 3.8% versus Previous: 3.2%)*
12.30 U.K. GDP m/m (Expected: 0.2% versus Previous: 0.2%)
*19.00 U.S. Retail Sales m/m (Expected: 0.3% versus Previous: 0.4%)*
*19.45 U.S. Industrial Production m/m (Expected: -0.3% versus Previous: -0.3%)*
India Market @ Holiday
*07.30 CHINA Industrial Production y/y (Expected: 5.5% versus Previous: 5.4%)*
*07.30 CHINA Retail Sales y/y (Expected: 3.8% versus Previous: 3.2%)*
12.30 U.K. GDP m/m (Expected: 0.2% versus Previous: 0.2%)
*19.00 U.S. Retail Sales m/m (Expected: 0.3% versus Previous: 0.4%)*
*19.45 U.S. Industrial Production m/m (Expected: -0.3% versus Previous: -0.3%)*
Kunvarji News Room
15 Nov, 01:12
*News Headlines from Business News Agencies:*
*Business Standard*
๐ India's merchandise trade deficit widens to $27.1 billion in October
๐ WPI inflation rises to 4-month high of 2.36% in Oct, food prices surge
๐ Market sets exchange rate, RBI acts to curb undue volatility: Governor Das
๐ Elon Musk cutting $2trn in US spend is negative for markets: Chris Wood
๐ Lulu Retail Holdings shares fall on debut after $1.72 bn Abu Dhabi IPO
๐ Lumax Auto stock leaps 11% on healthy Q2 numbers; PAT zooms 38% YoY
๐ Rapido reports 2.5x increase in gross order value to Rs 2,461 cr in Q2FY25
๐ NHB raises Rs 3,830 cr through 10-yr bonds at 7.14%; gets 'AAA' rating
๐ SECI weighs criminal action against Reliance Power over fake bid documents
๐ Oil prices flat after decline on strong dollar, slow demand concerns
๐ Maharashtra announces step for transparency in real estate brokerage fees
๐ Bharat Forge Q2FY25 results: Net profit rises 13% to Rs 243 crore
*Economic Times*
๐ Jakson conducts pilot project for Co2 to methanol at NTPC plant in MP
๐ Govt plans to auction offshore mineral blocks in 2-3 months: G Kishan Reddy
๐ Tata clarifies on creating holding company to park Tata Motors' demerged businesses
๐ India to probe e-scooter maker Ola Electric over service standards
๐ Samara Capital-backed Agro Tech Foods acquires Del Monte Foods from Bharti Enterprises
๐ Cost of construction rises up to 11% annually in 2024 across real estate segments
๐ India has the highest number of diabetic people in the world, even more than China: Report
๐ SpiceJet settles $90.8 mn dispute with EDC for $22.5 mn, gains complete ownership of 13 aircraft
๐ Drone delivery startup Airbound raises $1.7 million in seed funding led by Lightspeed
๐ Advanced Air Mobility can improve accessibility, create new economic opportunities in India: WEF report
๐ Blackstone eyes 20% stake in Haldiram's snacks at $8 billion valuation, sources say
๐ Honasa Consumer Q2 Results: Mamaearth operator slips into red with Rs 19 crore YoY loss
*Mint*
๐ ONGC looks to cash in on gas pricing tweak, KG basin ramp-up
๐ Foreign investors sell nearly $1 billion of JPM index-linked Indian government bonds in Nov
๐ HAL Q2 Results: Net profit rises 22% to โน1,510 crore, revenue grows 6% YoY
๐ PhysicsWallah hires former Blinkit CFO Amit Sachdeva as it readies for 2025 IPO
๐ World Bank expands lending by 50%, India to benefit most: India head Kouame
๐ Rising food prices push India's wholesale inflation to four-month high in Oct
๐ Peak XV leads โน565-crore investment in rural credit startup SarvaGram Solutions
๐ Niva Bupa Health Insurance Shares List at a Premium on NSE & BSE
๐ BDL Q2 Results: Net profit falls 17% to โน147 crore, revenue drops 11% YoY
๐ Muthoot Finance Q2 Results: Profit rises 20.6% to โน1,321 crore, revenue up 37%
๐ India's goods trade deficit widens to $27 billion in October
-Kunvarji Group
(For disclaimer, please visit www.kunvarji.com)
*Business Standard*
๐ India's merchandise trade deficit widens to $27.1 billion in October
๐ WPI inflation rises to 4-month high of 2.36% in Oct, food prices surge
๐ Market sets exchange rate, RBI acts to curb undue volatility: Governor Das
๐ Elon Musk cutting $2trn in US spend is negative for markets: Chris Wood
๐ Lulu Retail Holdings shares fall on debut after $1.72 bn Abu Dhabi IPO
๐ Lumax Auto stock leaps 11% on healthy Q2 numbers; PAT zooms 38% YoY
๐ Rapido reports 2.5x increase in gross order value to Rs 2,461 cr in Q2FY25
๐ NHB raises Rs 3,830 cr through 10-yr bonds at 7.14%; gets 'AAA' rating
๐ SECI weighs criminal action against Reliance Power over fake bid documents
๐ Oil prices flat after decline on strong dollar, slow demand concerns
๐ Maharashtra announces step for transparency in real estate brokerage fees
๐ Bharat Forge Q2FY25 results: Net profit rises 13% to Rs 243 crore
*Economic Times*
๐ Jakson conducts pilot project for Co2 to methanol at NTPC plant in MP
๐ Govt plans to auction offshore mineral blocks in 2-3 months: G Kishan Reddy
๐ Tata clarifies on creating holding company to park Tata Motors' demerged businesses
๐ India to probe e-scooter maker Ola Electric over service standards
๐ Samara Capital-backed Agro Tech Foods acquires Del Monte Foods from Bharti Enterprises
๐ Cost of construction rises up to 11% annually in 2024 across real estate segments
๐ India has the highest number of diabetic people in the world, even more than China: Report
๐ SpiceJet settles $90.8 mn dispute with EDC for $22.5 mn, gains complete ownership of 13 aircraft
๐ Drone delivery startup Airbound raises $1.7 million in seed funding led by Lightspeed
๐ Advanced Air Mobility can improve accessibility, create new economic opportunities in India: WEF report
๐ Blackstone eyes 20% stake in Haldiram's snacks at $8 billion valuation, sources say
๐ Honasa Consumer Q2 Results: Mamaearth operator slips into red with Rs 19 crore YoY loss
*Mint*
๐ ONGC looks to cash in on gas pricing tweak, KG basin ramp-up
๐ Foreign investors sell nearly $1 billion of JPM index-linked Indian government bonds in Nov
๐ HAL Q2 Results: Net profit rises 22% to โน1,510 crore, revenue grows 6% YoY
๐ PhysicsWallah hires former Blinkit CFO Amit Sachdeva as it readies for 2025 IPO
๐ World Bank expands lending by 50%, India to benefit most: India head Kouame
๐ Rising food prices push India's wholesale inflation to four-month high in Oct
๐ Peak XV leads โน565-crore investment in rural credit startup SarvaGram Solutions
๐ Niva Bupa Health Insurance Shares List at a Premium on NSE & BSE
๐ BDL Q2 Results: Net profit falls 17% to โน147 crore, revenue drops 11% YoY
๐ Muthoot Finance Q2 Results: Profit rises 20.6% to โน1,321 crore, revenue up 37%
๐ India's goods trade deficit widens to $27 billion in October
-Kunvarji Group
(For disclaimer, please visit www.kunvarji.com)
Kunvarji News Room
14 Nov, 14:00
*HERO MOTOCORP Q2:*
โข Net Profit at Rs 1204 crore versus poll Rs 1156 crore
โข Revenues at Rs 10463 crore versus poll Rs 10271 crore
โข EBITDA at Rs 1516 crore versus poll Rs 1496 crore
โข EBITDA Margin at 14.5% versus poll 14.5%
(Data seen marginally better than estimates)
โข Net Profit at Rs 1204 crore versus poll Rs 1156 crore
โข Revenues at Rs 10463 crore versus poll Rs 10271 crore
โข EBITDA at Rs 1516 crore versus poll Rs 1496 crore
โข EBITDA Margin at 14.5% versus poll 14.5%
(Data seen marginally better than estimates)
Kunvarji News Room
14 Nov, 13:53
*American Market Pre Open Update*
American equity index futures are trading with marginal volatility in the pre-open session. Momentum was seen in the green zone from the U.S. dollar index and Treasury yields, with unemployment claims coming in below expectations and producer price index rising as per market expectations.
In the European markets, capital goods and auto companies are trading with gains, due to which the equity indices are trading in the green zone.
Bullion and metals continued to trade in the red zone while crude oil recovered due to the expectations of a decline in US inventory data due today.
*Global Equity Market Update*
*Dow Future (US):* 44045, +87.0 points/ +0.20%
*Nasdaq Future (US):* 21028, -13.0 points/ -0.06%
*DAX Future (Germany):* 19359, +312.0 points/ +1.67%
*CAC Future (France):* 7302, +83.0 points/ +1.15%
*FTSE Future (UK):* 8094, +47.0 points/ +0.58%
*Gift Nifty (India):* 23655, +14.0 points/ +0.06%
American equity index futures are trading with marginal volatility in the pre-open session. Momentum was seen in the green zone from the U.S. dollar index and Treasury yields, with unemployment claims coming in below expectations and producer price index rising as per market expectations.
In the European markets, capital goods and auto companies are trading with gains, due to which the equity indices are trading in the green zone.
Bullion and metals continued to trade in the red zone while crude oil recovered due to the expectations of a decline in US inventory data due today.
*Global Equity Market Update*
*Dow Future (US):* 44045, +87.0 points/ +0.20%
*Nasdaq Future (US):* 21028, -13.0 points/ -0.06%
*DAX Future (Germany):* 19359, +312.0 points/ +1.67%
*CAC Future (France):* 7302, +83.0 points/ +1.15%
*FTSE Future (UK):* 8094, +47.0 points/ +0.58%
*Gift Nifty (India):* 23655, +14.0 points/ +0.06%
Kunvarji News Room
14 Nov, 13:31
*U.S. PPI m/m*
Actual: 0.2%
Expected: 0.2%
Previous: 0.0%
*U.S. Unemployment Claims*
Actual: 217k
Expected: 224k
Previous: 221k
(Data seen mixed, marginal supportive for U.S. Dollar)
Actual: 0.2%
Expected: 0.2%
Previous: 0.0%
*U.S. Unemployment Claims*
Actual: 217k
Expected: 224k
Previous: 221k
(Data seen mixed, marginal supportive for U.S. Dollar)
Kunvarji News Room
14 Nov, 12:42
*Fund Flow Activity:*
14 November 2024
*Turnover: (NSE + BSE)*
Cash Volume: 85953.11 + 5993.43 Total: 91946.54
F&O Volume: 454230.62 + 22065952.9 Total: 22520183.52
*Provisional Cash Rs. In Crs.*
*FII/FPI NET SELL: -1849.87*
(13003.06 - 14852.93)
*DII NET BUY: 2481.81*
(10200.35 - 7718.54)
14 November 2024
*Turnover: (NSE + BSE)*
Cash Volume: 85953.11 + 5993.43 Total: 91946.54
F&O Volume: 454230.62 + 22065952.9 Total: 22520183.52
*Provisional Cash Rs. In Crs.*
*FII/FPI NET SELL: -1849.87*
(13003.06 - 14852.93)
*DII NET BUY: 2481.81*
(10200.35 - 7718.54)
Kunvarji News Room
14 Nov, 09:37
*Kunvarji Cash Call/BTST:* Lemon Tree Buy at 120.8 TGT 126.0 Stoploss 117.2 (15.05)
Kunvarji News Room
14 Nov, 09:23
*Kunvarji Cash Call/BTST:* Jyoti CNC Buy above 1124.0 TGT 1180.0 Stoploss 1080.0 (14.52)
Kunvarji News Room
14 Nov, 08:29
*TALBROS AUTOMOTIVE COMPONENTS:* Q2 CONS NET PROFIT 234M RUPEES VS 202M (YOY) (NUMBERS SEEN MARGINAL HIGHER ON YOY)
Kunvarji News Room
01 Nov, 13:46
*US S&P MANUFACTURING PMI* FINAL ACTUAL 48.5 (FORECAST 47.8, PREVIOUS 47.8) (DATA MARGINALLY BETTER THAN ESTIMATES)
Kunvarji News Room
01 Nov, 13:01
*Kunvarji Cash Call/BTST:* Kirlosbros Buy 1992.0 TGT 2080.0 Stoploss 1935.0 (06.30)
Kunvarji News Room
01 Nov, 12:57
Kunvarji: Premier Energy book partial at 1060.0, can hold position for TGT 1072 (06.27)
Kunvarji News Room
01 Nov, 12:41
*NMDC:* CO SAYS OCTOBER IRON ORE SALES 4.03 MT VS 3.44 MT (YOY) || OCT TOTAL IRON ORE PRODUCTION 4.07 MT VS 3.92 MT (YOY) (DATA SEEN BETTER YOY)
Kunvarji News Room
01 Nov, 12:36
*Kunvarji Cash Call:* Primier Energy Buy 1040.0 TGT 1072.0 Stoploss 1020.0 (06.05)
Kunvarji News Room
01 Nov, 12:32
*Kunvarji Cash Call:* PGEL Buy 648.8 TGT 668.0 Stoploss 630.0 (06.00)
Kunvarji News Room
01 Nov, 11:04
*TVS Motors:* Total Sales At 4.89 Lk Units Vs Estimates Of 4.83 Lk Units (Auto sales marginally better than estimates)
Kunvarji News Room
01 Nov, 10:42
*ExxonMobil Q3 2024 Earnings:*
Adj EPS $1.92 ($1.87)
Rev. $316.6M (est $316.6M
Total Rev. & other income $90.02B ($87.15B)
Raises Q4 Dividend To $0.99 Per Share
Plans To Repurchase Over $19B Of Shares In 2024
On Track To Deliver Cumulative Savings Of $15B Through End Of 2027 Vs 2019
(Numbers inline with estimates)
Adj EPS $1.92 ($1.87)
Rev. $316.6M (est $316.6M
Total Rev. & other income $90.02B ($87.15B)
Raises Q4 Dividend To $0.99 Per Share
Plans To Repurchase Over $19B Of Shares In 2024
On Track To Deliver Cumulative Savings Of $15B Through End Of 2027 Vs 2019
(Numbers inline with estimates)
Kunvarji News Room
01 Nov, 10:27
*Chevron Q3 2024 Earnings*
Adj EPS $2.48 ($2.40)
Rev $48.99B ($49.43B)
Adj Earnings $4.5B
Expects To Grow US Gulf Of Mexico Production To 300k Barrels Of Net Oil/Day By 2026
Expects To Close Asset Sales In Canada, Congo And Alaska In Q4 2024
(Stock is up 2.5 percent pre market in US)
Adj EPS $2.48 ($2.40)
Rev $48.99B ($49.43B)
Adj Earnings $4.5B
Expects To Grow US Gulf Of Mexico Production To 300k Barrels Of Net Oil/Day By 2026
Expects To Close Asset Sales In Canada, Congo And Alaska In Q4 2024
(Stock is up 2.5 percent pre market in US)
Kunvarji News Room
01 Nov, 09:59
*Kunvarji: India Daybook โ Stocks in News*
*Electronics Mart:* Company has commenced the commercial operations of a new Multi Brand Store. (Positive)
*Kaynes Technology:* Company expects revenue at Rs.3000cr, margin at 15% for FY25 (Positive)
*Eicher Motors:* Total Royal Enfield sales up 31% to 1.1 lakh units YoY (Positive)
*Escorts:* Total Auto sales up at 18110 units versus 13205 units YoY (Positive)
*Mahindra & Mahindra:* Total Auto sales at 96648 units versus poll 88000 units, Tractor sales at 64326 units versus poll 52000 units (Positive)
*Ashoka Buildcon:* Company declared L1 Bidder for Rs 312 cr project by MSETCL (Positive)
*OMCs:* Price of 19 kg commercial LPG gas cylinders has been increased by โน62 (Positive)
*Tata Power:* Company expects its solar rooftop business' revenue to see a 30% year-on-year growth in fiscal 2025 (Positive)
*NBCC:* Work orders received by NBCC, in normal course of business, amounting Rs. 235.46 Crore (Positive)
*NCC:* Received Total Orders Valuing โน3,496 Cr in the Month of October 2025 (Positive)
*L&T:* Company plans to bolster Aerospace biz to capitalize on government's space push (Positive)
*Bajaj Auto:* Company sells 30,656 Chetak scooters in October 2024 (Positive)
*Atul Auto:* Total Auto sales up at 3818 units versus 3060 units YoY (Positive)
*AGS Transact:* Net profit at Rs 15.2 cr vs loss Rs 60.9 cr, Revenue at Rs 352 cr vs Rs 377 cr (YoY) (Positive)
*BF Investment:* Net profit at Rs 49.3 cr vs Rs 51.4 cr, Revenue at Rs 74.5 cr vs Rs 69.8 cr (YoY) (Positive)
*Hyundai:* Total Auto at 72078 units versus 68728 units YoY (Positive)
*SML Isuzu:* Total Auto at 801 units versus 873 units YoY (Neutral)
*Tata Invest:* Net profit at Rs 124 cr vs Rs 124 cr, Revenue at Rs 142 cr vs Rs 124 cr (YoY) (Neutral)
*TCI Express:* Net profit at Rs 26.3 cr vs Rs 35.6 cr, Revenue at Rs 310 cr vs Rs 320 cr (YoY) (Neutral)
*Narayana:* Net profit at โน198.6 cr vs โน226.5 cr, Revenue at โน1,400 cr vs โน1,305.2 cr (YoY) (Neutral)
*Tata Consumer:* Company has allotted 55,071 Rights Equity Shares to eligible applicants (Neutral)
*Reliance Ind:* Company allotted the bonus shares on October 29, marking the company's sixth one since its listing in 1977. (Neutral)
*MCX:* Praveena Rai assumes office as MD & CEO of the company (Neutral)
*M&M:* Mahindra Group To Launch Its First Ground Up EV On November 26 (Neutral)
*Garware Hi-Tech:* Company announces the cessation of Mr. Nilesh R. Doshi as an Independent Director (Neutral)
*DOMS Industries:* Company has scheduled a Board Meeting on November 09, 2024, to approve the unaudited financial results (Neutral)
*NLC India:* CRISIL Ratings Limited and Care Ratings Limited affirmed credit ratings (Neutral)
*Maruti:* Total Auto sales up 3.5% to 2.06 lakh units YoY, poll 2.0 lakh units (Neutral)
*Tata Motors:* Total Auto sales up 0.1% to 80839 units YoY, poll 77000 units (Neutral)
*Aegis Logistics:* Company has invested Rs 300 Cr in its subsidiary, Aegis Vopak Terminals Limited through preferential allotment of 127,65,957 equity shares (Neutral)
*Bharti Airtel:* Company has acquired 5% Membership Interest in Ericsson US Dhaulagiri LLC (Neutral)
*Electronics Mart:* Company has commenced the commercial operations of a new Multi Brand Store. (Positive)
*Kaynes Technology:* Company expects revenue at Rs.3000cr, margin at 15% for FY25 (Positive)
*Eicher Motors:* Total Royal Enfield sales up 31% to 1.1 lakh units YoY (Positive)
*Escorts:* Total Auto sales up at 18110 units versus 13205 units YoY (Positive)
*Mahindra & Mahindra:* Total Auto sales at 96648 units versus poll 88000 units, Tractor sales at 64326 units versus poll 52000 units (Positive)
*Ashoka Buildcon:* Company declared L1 Bidder for Rs 312 cr project by MSETCL (Positive)
*OMCs:* Price of 19 kg commercial LPG gas cylinders has been increased by โน62 (Positive)
*Tata Power:* Company expects its solar rooftop business' revenue to see a 30% year-on-year growth in fiscal 2025 (Positive)
*NBCC:* Work orders received by NBCC, in normal course of business, amounting Rs. 235.46 Crore (Positive)
*NCC:* Received Total Orders Valuing โน3,496 Cr in the Month of October 2025 (Positive)
*L&T:* Company plans to bolster Aerospace biz to capitalize on government's space push (Positive)
*Bajaj Auto:* Company sells 30,656 Chetak scooters in October 2024 (Positive)
*Atul Auto:* Total Auto sales up at 3818 units versus 3060 units YoY (Positive)
*AGS Transact:* Net profit at Rs 15.2 cr vs loss Rs 60.9 cr, Revenue at Rs 352 cr vs Rs 377 cr (YoY) (Positive)
*BF Investment:* Net profit at Rs 49.3 cr vs Rs 51.4 cr, Revenue at Rs 74.5 cr vs Rs 69.8 cr (YoY) (Positive)
*Hyundai:* Total Auto at 72078 units versus 68728 units YoY (Positive)
*SML Isuzu:* Total Auto at 801 units versus 873 units YoY (Neutral)
*Tata Invest:* Net profit at Rs 124 cr vs Rs 124 cr, Revenue at Rs 142 cr vs Rs 124 cr (YoY) (Neutral)
*TCI Express:* Net profit at Rs 26.3 cr vs Rs 35.6 cr, Revenue at Rs 310 cr vs Rs 320 cr (YoY) (Neutral)
*Narayana:* Net profit at โน198.6 cr vs โน226.5 cr, Revenue at โน1,400 cr vs โน1,305.2 cr (YoY) (Neutral)
*Tata Consumer:* Company has allotted 55,071 Rights Equity Shares to eligible applicants (Neutral)
*Reliance Ind:* Company allotted the bonus shares on October 29, marking the company's sixth one since its listing in 1977. (Neutral)
*MCX:* Praveena Rai assumes office as MD & CEO of the company (Neutral)
*M&M:* Mahindra Group To Launch Its First Ground Up EV On November 26 (Neutral)
*Garware Hi-Tech:* Company announces the cessation of Mr. Nilesh R. Doshi as an Independent Director (Neutral)
*DOMS Industries:* Company has scheduled a Board Meeting on November 09, 2024, to approve the unaudited financial results (Neutral)
*NLC India:* CRISIL Ratings Limited and Care Ratings Limited affirmed credit ratings (Neutral)
*Maruti:* Total Auto sales up 3.5% to 2.06 lakh units YoY, poll 2.0 lakh units (Neutral)
*Tata Motors:* Total Auto sales up 0.1% to 80839 units YoY, poll 77000 units (Neutral)
*Aegis Logistics:* Company has invested Rs 300 Cr in its subsidiary, Aegis Vopak Terminals Limited through preferential allotment of 127,65,957 equity shares (Neutral)
*Bharti Airtel:* Company has acquired 5% Membership Interest in Ericsson US Dhaulagiri LLC (Neutral)
Kunvarji News Room
01 Nov, 09:56
*MACRO UPDATE:* INDIA OCTOBER GST COLLECTIONS 1.87T RUPEES VS 1.72T (YOY)
Kunvarji News Room
01 Nov, 01:14
*Major U.S. listed stocks result calendar 01.11.2024*
*Exxon Mobil* (Pre market) (Sector- Energy)
*Chevron* (Pre market) (Sector- Energy)
*Enbridge* (Pre market) (Sector- Energy)
*Simon Property* (Pre market) (Sector- Real Estate)
*Mitsui & Company* (Pre market) (Sector- Miscellaneous)
*Ares Management* (Pre market) (Sector- Financial)
*Charter Communications* (Pre market) (Sector- Technology)
*Dominion Energy* (Pre market) (Sector- Energy)
*Imperial Oil* (Pre market) (Sector- Energy)
*LyondellBasell Industries* (Pre market) (Sector- Chemical)
*Cardinal Health* (Pre market) (Sector- Healthcare)
*T Rowe* (Pre market) (Sector- Financial)
*Church&Dwight* (Pre market) (Sector- Miscellaneous)
*PPL* (Pre market) (Sector- Power)
*Cboe Global* (Pre market) (Sector- Financial)
*Nomura ADR* (Pre market) (Sector- Financial)
*Exxon Mobil* (Pre market) (Sector- Energy)
*Chevron* (Pre market) (Sector- Energy)
*Enbridge* (Pre market) (Sector- Energy)
*Simon Property* (Pre market) (Sector- Real Estate)
*Mitsui & Company* (Pre market) (Sector- Miscellaneous)
*Ares Management* (Pre market) (Sector- Financial)
*Charter Communications* (Pre market) (Sector- Technology)
*Dominion Energy* (Pre market) (Sector- Energy)
*Imperial Oil* (Pre market) (Sector- Energy)
*LyondellBasell Industries* (Pre market) (Sector- Chemical)
*Cardinal Health* (Pre market) (Sector- Healthcare)
*T Rowe* (Pre market) (Sector- Financial)
*Church&Dwight* (Pre market) (Sector- Miscellaneous)
*PPL* (Pre market) (Sector- Power)
*Cboe Global* (Pre market) (Sector- Financial)
*Nomura ADR* (Pre market) (Sector- Financial)
Kunvarji News Room
01 Nov, 01:13
*Economic Calendar โ 01.11.2024*
*India Diwali Muhurt Trading (From 18:00 to 19:00)*
*TENT INDIA Monthly Auto Sales (October)*
*07:15 CHINA Caixin Manufacturing PMI (Expected: 49.7 versus Previous: 49.3)*
10:30 INDIA HSBC Manufacturing PMI (Expected: 57.4 versus Previous: 56.5)
*18:00 U.S. Non-Farm Employment Change (Expected: 108K versus Previous: 254K)*
*18:00 U.S. Unemployment Rate (Expected: 4.1% versus Previous: 4.1%)*
*19:30 U.S. ISM Manufacturing PMI (Expected: 47.6 versus Previous: 47.2)*
*India Diwali Muhurt Trading (From 18:00 to 19:00)*
*TENT INDIA Monthly Auto Sales (October)*
*07:15 CHINA Caixin Manufacturing PMI (Expected: 49.7 versus Previous: 49.3)*
10:30 INDIA HSBC Manufacturing PMI (Expected: 57.4 versus Previous: 56.5)
*18:00 U.S. Non-Farm Employment Change (Expected: 108K versus Previous: 254K)*
*18:00 U.S. Unemployment Rate (Expected: 4.1% versus Previous: 4.1%)*
*19:30 U.S. ISM Manufacturing PMI (Expected: 47.6 versus Previous: 47.2)*
Kunvarji News Room
31 Oct, 20:53
*Intel Q3 24 Earnings:*
- Adj EPS: -$0.46
- Revenue: $13.28B (est $13.02B)
- Data Center & AI Revenue: $3.35B (est $3.15B)
- Client Computing Revenue: $7.33B (est $7.46B)
- Sees Q4 Revenue: $13.3B To $14.3B (est $13.63B)
- Sees Q4 Adj EPS: $0.12 (est $0.06)
- Sees Q4 Revenue: $13.3B To $14.3B
(Stock is trading with gains of 7 percent post trading hours)
- Adj EPS: -$0.46
- Revenue: $13.28B (est $13.02B)
- Data Center & AI Revenue: $3.35B (est $3.15B)
- Client Computing Revenue: $7.33B (est $7.46B)
- Sees Q4 Revenue: $13.3B To $14.3B (est $13.63B)
- Sees Q4 Adj EPS: $0.12 (est $0.06)
- Sees Q4 Revenue: $13.3B To $14.3B
(Stock is trading with gains of 7 percent post trading hours)
Kunvarji News Room
31 Oct, 20:49
*Apple Q4 24 Earnings:*
- EPS: $0.97 Vs $1.46 (Y/Y)
- Revenue: $94.93B (est $94.36B)
- Services Revenue: $24.97B (est $25.27B)
- Total Op. Expenses: $14.29B (est $14.35B)
- iPhone Revenue: $46.22B (est $45.04B)
- Mac Revenue: $7.74B (est $7.74B)
- Greater China Revenue: $15.03B (est $15.8B)
(Stock is trading with loss of 1.25 percent post trading hours)
- EPS: $0.97 Vs $1.46 (Y/Y)
- Revenue: $94.93B (est $94.36B)
- Services Revenue: $24.97B (est $25.27B)
- Total Op. Expenses: $14.29B (est $14.35B)
- iPhone Revenue: $46.22B (est $45.04B)
- Mac Revenue: $7.74B (est $7.74B)
- Greater China Revenue: $15.03B (est $15.8B)
(Stock is trading with loss of 1.25 percent post trading hours)
Kunvarji News Room
31 Oct, 20:48
*Amazon Q3 24 Earnings*
- EPS: $1.43 (est $1.16)
- Revenue: $158.9B (est $157.29B)
- AWS Net Sales: $27.45B (est $27.49B)
- Sees Q4 Op. Income: $16.0B To $20.0B (est $17.49B)
- Sees Q4 Net Sales: $181.5B To $188.5B (est $186.36B)
(Stock is trading with gains of 4 percent post trading hours)
- EPS: $1.43 (est $1.16)
- Revenue: $158.9B (est $157.29B)
- AWS Net Sales: $27.45B (est $27.49B)
- Sees Q4 Op. Income: $16.0B To $20.0B (est $17.49B)
- Sees Q4 Net Sales: $181.5B To $188.5B (est $186.36B)
(Stock is trading with gains of 4 percent post trading hours)
Kunvarji News Room
26 Oct, 09:09
*Kunvarji Research: Weekly Equity Cash and Derivative Coverage*
*Weekly snapshot:* Indian equity benchmarks closed in the red zone while broader markets underperformed as mid and small cap stocks fell sharply during the week.
*Indices Performance:* Nifty 50 has closed with a loss of 2.71 percent while Nifty Bank performed inline and closed with a loss of 2.51 percent.
*Weekly Fund-Flow Activities:* During the week, Foreign Institutional Investors have sold equities worth of Rs 20024.0 cr while Domestic Institutional Investors have bought equities of Rs 22915.0 cr in cash segment.
*Macro Data:* Inflation based on the core price index and nonfarm payrolls for the U.S., monetary policy from Bank of Japan, and manufacturing PMIs from major global economies are among the macroeconomic events scheduled for the upcoming week
*Weekly Outlook:* The next week is expected to be a week of watching quarterly earnings and institutional activities, in addition to macro announcements and U.S elections.
For Weekly Equity Research Report please visit: https://tinyurl.com/ypvjfvh3
For Weekly Derivative Research Report please visit: https://tinyurl.com/2s445ab3
For Disclaimer please visit: https://kunvarjiwealth.com/disclaimer/
*Weekly snapshot:* Indian equity benchmarks closed in the red zone while broader markets underperformed as mid and small cap stocks fell sharply during the week.
*Indices Performance:* Nifty 50 has closed with a loss of 2.71 percent while Nifty Bank performed inline and closed with a loss of 2.51 percent.
*Weekly Fund-Flow Activities:* During the week, Foreign Institutional Investors have sold equities worth of Rs 20024.0 cr while Domestic Institutional Investors have bought equities of Rs 22915.0 cr in cash segment.
*Macro Data:* Inflation based on the core price index and nonfarm payrolls for the U.S., monetary policy from Bank of Japan, and manufacturing PMIs from major global economies are among the macroeconomic events scheduled for the upcoming week
*Weekly Outlook:* The next week is expected to be a week of watching quarterly earnings and institutional activities, in addition to macro announcements and U.S elections.
For Weekly Equity Research Report please visit: https://tinyurl.com/ypvjfvh3
For Weekly Derivative Research Report please visit: https://tinyurl.com/2s445ab3
For Disclaimer please visit: https://kunvarjiwealth.com/disclaimer/
Kunvarji News Room
26 Oct, 08:38
*ICICI Bank Q2:*
Net Profit at Rs 11746 cr vs poll of Rs 11029 cr
NII at Rs 20048 cr vs poll of Rs 19995 cr.
Gross NPA at 1.97% vs 2.15% QoQ.
Net NPA at 0.42% vs 0.43% QoQ.
Net Interest Margin at 4.27% vs 4.36% QoQ.
Gross slippages at Rs 5073 cr vs poll of Rs 5916 cr.
(Numbers seen in line with estimates, asset quality improved QoQ)
Net Profit at Rs 11746 cr vs poll of Rs 11029 cr
NII at Rs 20048 cr vs poll of Rs 19995 cr.
Gross NPA at 1.97% vs 2.15% QoQ.
Net NPA at 0.42% vs 0.43% QoQ.
Net Interest Margin at 4.27% vs 4.36% QoQ.
Gross slippages at Rs 5073 cr vs poll of Rs 5916 cr.
(Numbers seen in line with estimates, asset quality improved QoQ)
Kunvarji News Room
26 Oct, 07:33
*Yes Bank Q2:*
Net Profit at Rs 553 cr vs poll of Rs 544 cr
NII at Rs 2200 cr vs poll of Rs 2254 cr.
Gross NPA at 1.6% vs 1.7% QoQ.
Net NPA at 0.5% vs 0.5% QoQ.
(Numbers seen inline with estimates)
Net Profit at Rs 553 cr vs poll of Rs 544 cr
NII at Rs 2200 cr vs poll of Rs 2254 cr.
Gross NPA at 1.6% vs 1.7% QoQ.
Net NPA at 0.5% vs 0.5% QoQ.
(Numbers seen inline with estimates)
Kunvarji News Room
26 Oct, 07:23
*Listing of Waaree Energies Limited on 28th October, 2024*
*Symbol:* WAAREEENER
*Series:* Equity โB Groupโ
*BSE Code:* 544277
*ISIN:* INE377N01017
*Face Value:* Rs 10/-
*Issued Price:* Rs 1503/- per share
*Symbol:* WAAREEENER
*Series:* Equity โB Groupโ
*BSE Code:* 544277
*ISIN:* INE377N01017
*Face Value:* Rs 10/-
*Issued Price:* Rs 1503/- per share
Kunvarji News Room
26 Oct, 07:22
*Listing of Deepak Builders Limited on 28th October, 2024*
*Symbol:* DBEIL
*Series:* Equity โB Groupโ
*BSE Code:* 544276
*ISIN:* INE0OPA01019
*Face Value:* Rs 10/-
*Issued Price:* Rs 203/- per share
*Symbol:* DBEIL
*Series:* Equity โB Groupโ
*BSE Code:* 544276
*ISIN:* INE0OPA01019
*Face Value:* Rs 10/-
*Issued Price:* Rs 203/- per share
Kunvarji News Room
25 Oct, 12:47
Fund Flow Activity:
25 October 2024 (Rs. In Crs.)
Turnover: (NSE + BSE)
Cash Volume: 114725.74 + 7512.62 Total: 122238.36
F&O Volume: 863716.72 + 38818766.5 Total: 39682483.22
Provisional Cash
FII/FPI: NET SELL: -3036.75
(14209.84 - 17246.59)
DII: NET BUY: 4159.29
(15203.44 - 11044.15)
25 October 2024 (Rs. In Crs.)
Turnover: (NSE + BSE)
Cash Volume: 114725.74 + 7512.62 Total: 122238.36
F&O Volume: 863716.72 + 38818766.5 Total: 39682483.22
Provisional Cash
FII/FPI: NET SELL: -3036.75
(14209.84 - 17246.59)
DII: NET BUY: 4159.29
(15203.44 - 11044.15)
Kunvarji News Room
25 Oct, 12:31
U.S. Durable Goods Orders m/m
Actual: -0.8%
Expected: -1.1%
Previous: 0.0%
(Data seen Supportive for US Dollar)
Actual: -0.8%
Expected: -1.1%
Previous: 0.0%
(Data seen Supportive for US Dollar)
Kunvarji News Room
25 Oct, 09:47
Kunvarji: CUB book partial at 171.5, can hold position for TGT 174.0 (15.16)
Kunvarji News Room
25 Oct, 09:27
*Kunvarji Cash Call/BTST:* TIPS Buy 798.0 TGT 830.0 Stoploss 780.0 (14.56)
Kunvarji News Room
25 Oct, 09:22
*Kunvarji Cash Call/BTST:* CUB Buy 169.0 TGT 174.0 Stoploss 166.0 (14.50)
Kunvarji News Room
25 Oct, 09:20
*POONAWALLA FINCORP:* Q2 CONS NET LOSS 4.7B RUPEES VS PROFIT 8.60B (YOY) (NUMBERS SEEN LOWER YOY)
Kunvarji News Room
25 Oct, 09:19
*IDBI BANK:* Q2 SL NET PROFIT 18.4B RUPEES VS 13.23B (YOY) Q2 GNPA 3.68% VS 3.87% (QOQ) || Q2 NNPA 0.20% VS 0.23% (QOQ) (SUPPORTIVE FOR IDBI BANK)
Kunvarji News Room
25 Oct, 08:57
*JSW HOLDING:* Q2 SL NET PROFIT 1.2B RUPEES VS 638M (YOY) (NUMBERS SEEN SUPPORTIVE FOR STOCK PRICES)
Kunvarji News Room
25 Oct, 08:54
*CAPACITE INFRA* WINS LARGE ORDER WORTH 1200 CRS (SUPPORTIVE FPR STOCK PRICES)
Kunvarji News Room
25 Oct, 08:36
*JSWSTEEL:* Q2 CONS NET PROFIT 4.39 BN RUPEES VS 29.14 BN(YOY) (BOTTONLINE NUMBERS SEEN LOWER YOY)
Kunvarji News Room
25 Oct, 08:29
*INDIA SHELTER FINANCE CORP:* Q2 CONS NET PROFIT 900M RUPEES VS 602M (YOY) (NUMBERS SEEN BETTER YOY)
Kunvarji News Room
21 Oct, 01:05
*China 5 Year Prime Rate:*
Current: 3.60%
Expected: 3.65%
Last: 3.85%
(As Expected, China cuts rates)
Current: 3.60%
Expected: 3.65%
Last: 3.85%
(As Expected, China cuts rates)
Kunvarji News Room
21 Oct, 00:09
*Economic Calendar โ 21.10.2024*
*06:30 CHINA 5-y Loan Prime Rate (Expected: 3.65% versus Previous: 3.85%)*
18.25 U.S. FOMC Member Logan Speaks
22:30 U.S. FOMC Member Kashkari Speaks
*06:30 CHINA 5-y Loan Prime Rate (Expected: 3.65% versus Previous: 3.85%)*
18.25 U.S. FOMC Member Logan Speaks
22:30 U.S. FOMC Member Kashkari Speaks
Kunvarji News Room
21 Oct, 00:08
*Major U.S. listed stocks result calendar 21.10.2024*
*SAP SE* (Post market) (Sector- Technology)
*Nucor Corporation* (Post market) (Sector- Metal)
*W.R. Berkley Corporation* (Post market) (Sector- Financials)
*Alexandria Real Estate Equities, Inc.* (Post market) (Sector- Real Estate)
*Logitech International S.A.* (Post market) (Sector- Technology)
*Equity Lifestyle Properties, Inc.* (Post market) (Sector- Real Estate)
*TFI International Inc.* (Post market) (Sector- Logistics)
*Medpace Holdings, Inc.* (Post market) (Sector- Healthcare)
*AGNC Investment Corp.* (Post market) (Sector- Financials)
*SAP SE* (Post market) (Sector- Technology)
*Nucor Corporation* (Post market) (Sector- Metal)
*W.R. Berkley Corporation* (Post market) (Sector- Financials)
*Alexandria Real Estate Equities, Inc.* (Post market) (Sector- Real Estate)
*Logitech International S.A.* (Post market) (Sector- Technology)
*Equity Lifestyle Properties, Inc.* (Post market) (Sector- Real Estate)
*TFI International Inc.* (Post market) (Sector- Logistics)
*Medpace Holdings, Inc.* (Post market) (Sector- Healthcare)
*AGNC Investment Corp.* (Post market) (Sector- Financials)
Kunvarji News Room
21 Oct, 00:08
*News Headlines from Business News Agencies:*
*Business Standard*
๐ FMCG distributors write to CCI over unfair practices by quick commerce cos
๐ L&T Finance lowers NIM guidance, sees challenges in retail loan segment
๐ PM Modi lays foundation stone for Rs 1,550 cr expansion of Bagdogra Airport
๐ Analog Devices sees India as key R&D hub: Company's India head
๐ Hyatt Hotels launches new luxury venue in Mumbai to boost banquet revenue
๐ HDFC Bank aims to reduce CD ratio, plans slower loan growth in FY25
๐ Irdai asks insurers to check vulnerabilities in IT systems, take measures
๐ Margin pressure ahead as city gas distribution majors continue to struggle
๐ Starlink vs Jio: Trai extends satellite spectrum pricing debate deadline
๐ Shapoorji Pallonji's Afcons Infra to float Rs 5,430 cr IPO on Oct 25
๐ 262K MT of paddy lifted, 1.63 mn MT procured: Punjab food minister
๐ PFC, BEML ink pact to finance, infra projects in defence, railways
๐ India, Germany to ink pact on labour mobility, skill recognition in upcoming days
*Economic Times*
๐ UCO Bank Q2FY'24 recovery in bad loans through NCLT improves
๐ Meeting 2030 renewable energy target may push India's solar equipment imports to $30 bn/yr, says GTRI
๐ Borosil Group expects to cross Rs 7,000-cr revenue in 4 years
๐ US SEC gives green light for options listing for spot bitcoin ETFs to NYSE
๐ Pune realty market adds Rs 5,253 cr stamp duty to state exchequer in January-September
๐ PG Electroplast board approves Rs 1,500 crore QIP
๐ Gland Pharma appoints Shyamakant Giri as new CEO
๐ India eyes $87 bln investment in petrochemicals sector over next decade, says Hardeep Singh Puri
๐ India's HPCL to start LNG terminal around year-end, seeks term supply, sources say
๐ ACESO expands life insurance policy assignment services to all major private insurers
๐ Several state-owned banks waive processing fees on home loans to attract business
๐ Business operations of fintech NBFCs, MFIs to take a hit after RBI diktat
๐ India plans laptop import curbs to boost Apple and others' local production, sources say
๐ Government receives 44 bids in 10th round of commercial coal mine auction
*Mint*
๐ Swiggy targets $12 billion in upcoming IPO, company eyes November launch
๐ Boeingโs CEO is shrinking the jet maker to stop its crisis from spiraling
๐ HDB Financial Services IPO: HDFC Bank arm to float โน12,500-crore public issue
๐ India to use Russian rail to bring Mongolian coking coal to Vladivostok
๐ Tata Consumer feels the heat as RIL's Campa Cola disrupts beverages market
๐ Repo Sensitivity Hints Cash Might Not Be So Abundant, BofA Says
๐ US Posts $1.8 Trillion Annual Deficit, Highest Outside of Covid
๐ Hilcorp Fined $9.4 Million for New Mexico Methane Emissions
๐ RBI lifts restrictions on JM Financial Services after seven months
๐ Govt seeks to amend law to bolster institutional arbitration
๐ JSW Steelโs new JV fast-tracks India entry with โน4,000 cr thyssenkrupp purchase
๐ Kotak Mahindra Bank to acquire Standard Chartered Bank's personal loan book
๐ Tata Communications' AI cloud to be launched next year: CEO Lakshminarayanan
๐ Indiaโs petroleum and gems exports plunge, electronics, pharma surge in H1, FY25
-Kunvarji Group
(For disclaimer, please visit www.kunvarji.com)
*Business Standard*
๐ FMCG distributors write to CCI over unfair practices by quick commerce cos
๐ L&T Finance lowers NIM guidance, sees challenges in retail loan segment
๐ PM Modi lays foundation stone for Rs 1,550 cr expansion of Bagdogra Airport
๐ Analog Devices sees India as key R&D hub: Company's India head
๐ Hyatt Hotels launches new luxury venue in Mumbai to boost banquet revenue
๐ HDFC Bank aims to reduce CD ratio, plans slower loan growth in FY25
๐ Irdai asks insurers to check vulnerabilities in IT systems, take measures
๐ Margin pressure ahead as city gas distribution majors continue to struggle
๐ Starlink vs Jio: Trai extends satellite spectrum pricing debate deadline
๐ Shapoorji Pallonji's Afcons Infra to float Rs 5,430 cr IPO on Oct 25
๐ 262K MT of paddy lifted, 1.63 mn MT procured: Punjab food minister
๐ PFC, BEML ink pact to finance, infra projects in defence, railways
๐ India, Germany to ink pact on labour mobility, skill recognition in upcoming days
*Economic Times*
๐ UCO Bank Q2FY'24 recovery in bad loans through NCLT improves
๐ Meeting 2030 renewable energy target may push India's solar equipment imports to $30 bn/yr, says GTRI
๐ Borosil Group expects to cross Rs 7,000-cr revenue in 4 years
๐ US SEC gives green light for options listing for spot bitcoin ETFs to NYSE
๐ Pune realty market adds Rs 5,253 cr stamp duty to state exchequer in January-September
๐ PG Electroplast board approves Rs 1,500 crore QIP
๐ Gland Pharma appoints Shyamakant Giri as new CEO
๐ India eyes $87 bln investment in petrochemicals sector over next decade, says Hardeep Singh Puri
๐ India's HPCL to start LNG terminal around year-end, seeks term supply, sources say
๐ ACESO expands life insurance policy assignment services to all major private insurers
๐ Several state-owned banks waive processing fees on home loans to attract business
๐ Business operations of fintech NBFCs, MFIs to take a hit after RBI diktat
๐ India plans laptop import curbs to boost Apple and others' local production, sources say
๐ Government receives 44 bids in 10th round of commercial coal mine auction
*Mint*
๐ Swiggy targets $12 billion in upcoming IPO, company eyes November launch
๐ Boeingโs CEO is shrinking the jet maker to stop its crisis from spiraling
๐ HDB Financial Services IPO: HDFC Bank arm to float โน12,500-crore public issue
๐ India to use Russian rail to bring Mongolian coking coal to Vladivostok
๐ Tata Consumer feels the heat as RIL's Campa Cola disrupts beverages market
๐ Repo Sensitivity Hints Cash Might Not Be So Abundant, BofA Says
๐ US Posts $1.8 Trillion Annual Deficit, Highest Outside of Covid
๐ Hilcorp Fined $9.4 Million for New Mexico Methane Emissions
๐ RBI lifts restrictions on JM Financial Services after seven months
๐ Govt seeks to amend law to bolster institutional arbitration
๐ JSW Steelโs new JV fast-tracks India entry with โน4,000 cr thyssenkrupp purchase
๐ Kotak Mahindra Bank to acquire Standard Chartered Bank's personal loan book
๐ Tata Communications' AI cloud to be launched next year: CEO Lakshminarayanan
๐ Indiaโs petroleum and gems exports plunge, electronics, pharma surge in H1, FY25
-Kunvarji Group
(For disclaimer, please visit www.kunvarji.com)
Kunvarji News Room
21 Oct, 00:07
*SRF*
* Revenue expected at Rs 3526 crore versus Rs 3177 crore
* EBITDA expected to be seen at Rs 644 crore versus Rs 626 crore
* EBITDA margin expected to be seen at 18.26% versus 19.71%
* Net profit expected to be seen at Rs 290 crore versus Rs 300 crore
*VBL*
* Revenue expected at Rs 4720 crore versus Rs 3870 crore
* EBITDA expected to be seen at Rs 1227 crore versus Rs 881 crore
* EBITDA margin expected to be seen at 25.99% versus 22.76%
* Net profit expected to be seen at Rs 574 crore versus Rs 501 crore
*ZOMATO*
* Revenue expected at Rs 4752 crore versus Rs 2848 crore
* EBITDA expected to be seen at Rs 210 crore versus Rs -47 crore
* EBITDA margin expected to be seen at 4.41% versus -1.65%
* Net profit expected to be seen at Rs 574 crore versus Rs 501 crore
* Revenue expected at Rs 3526 crore versus Rs 3177 crore
* EBITDA expected to be seen at Rs 644 crore versus Rs 626 crore
* EBITDA margin expected to be seen at 18.26% versus 19.71%
* Net profit expected to be seen at Rs 290 crore versus Rs 300 crore
*VBL*
* Revenue expected at Rs 4720 crore versus Rs 3870 crore
* EBITDA expected to be seen at Rs 1227 crore versus Rs 881 crore
* EBITDA margin expected to be seen at 25.99% versus 22.76%
* Net profit expected to be seen at Rs 574 crore versus Rs 501 crore
*ZOMATO*
* Revenue expected at Rs 4752 crore versus Rs 2848 crore
* EBITDA expected to be seen at Rs 210 crore versus Rs -47 crore
* EBITDA margin expected to be seen at 4.41% versus -1.65%
* Net profit expected to be seen at Rs 574 crore versus Rs 501 crore
Kunvarji News Room
21 Oct, 00:07
*Q2FY25 EARNING CALENDAR 21.10.2024*
AURIONPRO,*BAJAJHFL*, BALUFORGE, BEPL, *CGPOWER*, *CUB*, CYIENTDLM, GRAVITA, HFCL, JSFB, MAHLOG, MAHSCOOTER, *NELCO*, RAJRATAN, ROUTE, SOLARA, SPLPETRO, SWARAJENG, *ULTRACEMCO*, *UNIONBANK*, WENDT
*CGPOWER*
* Revenue expected at Rs 2302 crore versus Rs 2001 crore
* EBITDA expected to be seen at Rs 330 crore versus Rs 308 crore
* EBITDA margin expected to be seen at 14.34% versus 15.42%
* Net profit expected to be seen at Rs 251 crore versus Rs 215 crore
*CUB*
* NII expected at Rs 562 crore versus Rs 538 crore
* EBIT expected to be seen at Rs 383 crore versus Rs 330 crore
* EBIT margin expected to be seen at 71.19% versus 61.40%
* Net profit expected to be seen at Rs 270 crore versus Rs 280 crore
*ULTRACEMCO*
* Revenue expected at Rs 15442 crore versus Rs 16012 crore
* EBITDA expected to be seen at Rs 2235 crore versus Rs 2550 crore
* EBITDA margin expected to be seen at 14.47% versus 15.93%
* Net profit expected to be seen at Rs 951 crore versus Rs 1281 crore
*UNIONBANK*
* NII expected at Rs 9556 crore versus Rs 9126 crore
* EBIT expected to be seen at Rs 7016 crore versus Rs 7220 crore
* EBIT margin expected to be seen at 51.40% versus 56.32%
* Net profit expected to be seen at Rs 3766 crore versus Rs 3511 crore
*Q2FY25 EARNING CALENDAR 22.10.2024*
ABREL, *ADANIENSOL*, *ADANIGREEN*, *AMBER*, *BAJFINANCE*, *CANFINHOME*, CHENNPETRO, CHOICEIN, CIGNITITEC, *COFORGE*, GABRIEL, GMDCLTD, GOODYEAR, HUHTAMAKI, *ICICIPRULI*, *INDUSTOWER*, ISEC, JUBLINGREA, KAJARIACER, *M&MFIN*, *MFSL*, OLECTRA, PAYTM, *PERSISTENT*, RESPONIND, SALASAR, SHANTIGEAR, SHOPERSTOP, *SRF*, SUPREMEIND, UGROCAP, WELSPLSOL, *VBL*, ZENSARTECH, *ZOMATO*
*AMBER*
* Revenue expected at Rs 1233 crore versus Rs 927 crore
* EBITDA expected to be seen at Rs 88 crore versus Rs 59 crore
* EBITDA margin expected to be seen at 7.13% versus 6.42%
* Net profit expected to be seen at Rs -2 crore versus Rs -6 crore
*BAJAJFINANCE*
* NII expected at Rs 9658 crore versus Rs 7197 crore
* EBIT expected to be seen at Rs 7305 crore versus Rs 5831 crore
* EBIT margin expected to be seen at 82.59% versus 65.93%
* Net profit expected to be seen at Rs 4393 crore versus Rs 3550 crore
*CANFINHOME*
* NII expected at Rs 334 crore versus Rs 316 crore
* EBIT expected to be seen at Rs 289 crore versus Rs 270 crore
* EBIT margin expected to be seen at 82.80% versus 83.75%
* Net profit expected to be seen at Rs 208 crore versus Rs 154 crore
*COFORGE*
* Revenue expected at Rs 2776 crore versus Rs 2400 crore
* EBIT expected to be seen at Rs 347 crore versus Rs 211 crore
* EBIT margin expected to be seen at 12.50% versus 8.79%
* Net profit expected to be seen at Rs 245 crore versus Rs 133 crore
*ICICIPRULI*
* APE expected at Rs 2325 crore versus Rs 2058 crore
* EBIT expected to be seen at Rs 386 crore versus Rs 163 crore
* EBIT margin expected to be seen at 3.09% versus 1.62%
*INDUSTOWER*
* Revenue expected at Rs 7489 crore versus Rs 7132 crore
* EBITDA expected to be seen at Rs 4134 crore versus Rs 3448 crore
* EBITDA margin expected to be seen at 55.20% versus 48.34%
* Net profit expected to be seen at Rs 1676 crore versus Rs 1294 crore
*M&MFIN*
* NII expected at Rs 1864 crore versus Rs 1587 crore
* EBIT expected to be seen at Rs 1157 crore versus Rs 942 crore
* EBIT margin expected to be seen at 58.26% versus 56.32%
* Net profit expected to be seen at Rs 456 crore versus Rs 235 crore
*MFSL*
* APE expected at Rs 2116 crore versus Rs 1653 crore
* Net profit expected to be seen at Rs 112 crore versus Rs 147 crore
*PERSISTENT*
* Revenue expected at Rs 2850 crore versus Rs 2737 crore
* EBIT expected to be seen at Rs 392 crore versus Rs 384 crore
* EBIT margin expected to be seen at 13.75% versus 14.03%
* Net profit expected to be seen at Rs 315 crore versus Rs 306 crore
AURIONPRO,*BAJAJHFL*, BALUFORGE, BEPL, *CGPOWER*, *CUB*, CYIENTDLM, GRAVITA, HFCL, JSFB, MAHLOG, MAHSCOOTER, *NELCO*, RAJRATAN, ROUTE, SOLARA, SPLPETRO, SWARAJENG, *ULTRACEMCO*, *UNIONBANK*, WENDT
*CGPOWER*
* Revenue expected at Rs 2302 crore versus Rs 2001 crore
* EBITDA expected to be seen at Rs 330 crore versus Rs 308 crore
* EBITDA margin expected to be seen at 14.34% versus 15.42%
* Net profit expected to be seen at Rs 251 crore versus Rs 215 crore
*CUB*
* NII expected at Rs 562 crore versus Rs 538 crore
* EBIT expected to be seen at Rs 383 crore versus Rs 330 crore
* EBIT margin expected to be seen at 71.19% versus 61.40%
* Net profit expected to be seen at Rs 270 crore versus Rs 280 crore
*ULTRACEMCO*
* Revenue expected at Rs 15442 crore versus Rs 16012 crore
* EBITDA expected to be seen at Rs 2235 crore versus Rs 2550 crore
* EBITDA margin expected to be seen at 14.47% versus 15.93%
* Net profit expected to be seen at Rs 951 crore versus Rs 1281 crore
*UNIONBANK*
* NII expected at Rs 9556 crore versus Rs 9126 crore
* EBIT expected to be seen at Rs 7016 crore versus Rs 7220 crore
* EBIT margin expected to be seen at 51.40% versus 56.32%
* Net profit expected to be seen at Rs 3766 crore versus Rs 3511 crore
*Q2FY25 EARNING CALENDAR 22.10.2024*
ABREL, *ADANIENSOL*, *ADANIGREEN*, *AMBER*, *BAJFINANCE*, *CANFINHOME*, CHENNPETRO, CHOICEIN, CIGNITITEC, *COFORGE*, GABRIEL, GMDCLTD, GOODYEAR, HUHTAMAKI, *ICICIPRULI*, *INDUSTOWER*, ISEC, JUBLINGREA, KAJARIACER, *M&MFIN*, *MFSL*, OLECTRA, PAYTM, *PERSISTENT*, RESPONIND, SALASAR, SHANTIGEAR, SHOPERSTOP, *SRF*, SUPREMEIND, UGROCAP, WELSPLSOL, *VBL*, ZENSARTECH, *ZOMATO*
*AMBER*
* Revenue expected at Rs 1233 crore versus Rs 927 crore
* EBITDA expected to be seen at Rs 88 crore versus Rs 59 crore
* EBITDA margin expected to be seen at 7.13% versus 6.42%
* Net profit expected to be seen at Rs -2 crore versus Rs -6 crore
*BAJAJFINANCE*
* NII expected at Rs 9658 crore versus Rs 7197 crore
* EBIT expected to be seen at Rs 7305 crore versus Rs 5831 crore
* EBIT margin expected to be seen at 82.59% versus 65.93%
* Net profit expected to be seen at Rs 4393 crore versus Rs 3550 crore
*CANFINHOME*
* NII expected at Rs 334 crore versus Rs 316 crore
* EBIT expected to be seen at Rs 289 crore versus Rs 270 crore
* EBIT margin expected to be seen at 82.80% versus 83.75%
* Net profit expected to be seen at Rs 208 crore versus Rs 154 crore
*COFORGE*
* Revenue expected at Rs 2776 crore versus Rs 2400 crore
* EBIT expected to be seen at Rs 347 crore versus Rs 211 crore
* EBIT margin expected to be seen at 12.50% versus 8.79%
* Net profit expected to be seen at Rs 245 crore versus Rs 133 crore
*ICICIPRULI*
* APE expected at Rs 2325 crore versus Rs 2058 crore
* EBIT expected to be seen at Rs 386 crore versus Rs 163 crore
* EBIT margin expected to be seen at 3.09% versus 1.62%
*INDUSTOWER*
* Revenue expected at Rs 7489 crore versus Rs 7132 crore
* EBITDA expected to be seen at Rs 4134 crore versus Rs 3448 crore
* EBITDA margin expected to be seen at 55.20% versus 48.34%
* Net profit expected to be seen at Rs 1676 crore versus Rs 1294 crore
*M&MFIN*
* NII expected at Rs 1864 crore versus Rs 1587 crore
* EBIT expected to be seen at Rs 1157 crore versus Rs 942 crore
* EBIT margin expected to be seen at 58.26% versus 56.32%
* Net profit expected to be seen at Rs 456 crore versus Rs 235 crore
*MFSL*
* APE expected at Rs 2116 crore versus Rs 1653 crore
* Net profit expected to be seen at Rs 112 crore versus Rs 147 crore
*PERSISTENT*
* Revenue expected at Rs 2850 crore versus Rs 2737 crore
* EBIT expected to be seen at Rs 392 crore versus Rs 384 crore
* EBIT margin expected to be seen at 13.75% versus 14.03%
* Net profit expected to be seen at Rs 315 crore versus Rs 306 crore
Kunvarji News Room
20 Oct, 03:56
*News Headlines from Business News Agencies:*
*Economic Times*
๐ Vedanta to invest Rs 1 lakh crore in Rajasthan across zinc, oil and gas operations
๐ Smartphone shipments rise 9 per cent in Q3 2024
๐ PG Electroplast board approves Rs 1,500 crore QIP
๐ HDFC Bank Q2 Results: PAT rises 5% YoY to Rs 16,821 crore, beats Street estimates
๐ Kotak Mahindra Bank Q2 Results: PAT rises 5% YoY to Rs 3,344 cr; NII jumps 11%
๐ HDFC Bank to offload Rs 10,000 cr worth stake in Rs 12,500 cr IPO of HDB Financial Services
๐ Agnit Semiconductors raises $3.5 million in seed round
*Business Standard*
๐ GoM recommends lowering GST rate on water bottles, bicycles to 5%: Report
๐ Centre forms panel to reduce gap between farm to fork in perishables
๐ India seeks binding critical minerals pact with US to boost manufacturing
๐ SMPP files draft red herring prospectus with Sebi, eyes Rs 4,000 cr via IPO
๐ Dalmia Bharat Q2 results: PAT drops 60% to Rs 49 cr, revenue at Rs 3,087 cr
๐ India's road infrastructure will surpass that of US: Nitin Gadkari
๐ EL&N London opens 1st Indian cafe in Mumbai, partners with Reliance Brands
๐ Cyclonic circulation over Andaman sea likely to turn into low pressure: IMD
*Financial Express*
๐ Dhanlaxmi Bank posts Q2 net profit of Rs 26 crore
๐ Tech Mahindra beats Street estimates, profit gets boost by other income
๐ Paddy procurement in Punjab and Haryana down 39 per cent
*Mint*
๐ Afcons Infra IPO: Shapoorji Pallonji arm to float โน5,430 crore IPO on Oct 25
๐ India aims to secure critical minerals partnership with US, eyes trade benefits
๐ Delhi AQI soars to 344 , hits 'very poorโ category ahead of Diwali
๐ Oil logs biggest weekly decline in one month on China demand concerns; Brent drops
๐ Infosys poised to regain its No.2 rank as quarterly revenue edges past Cognizant.
*Economic Times*
๐ Vedanta to invest Rs 1 lakh crore in Rajasthan across zinc, oil and gas operations
๐ Smartphone shipments rise 9 per cent in Q3 2024
๐ PG Electroplast board approves Rs 1,500 crore QIP
๐ HDFC Bank Q2 Results: PAT rises 5% YoY to Rs 16,821 crore, beats Street estimates
๐ Kotak Mahindra Bank Q2 Results: PAT rises 5% YoY to Rs 3,344 cr; NII jumps 11%
๐ HDFC Bank to offload Rs 10,000 cr worth stake in Rs 12,500 cr IPO of HDB Financial Services
๐ Agnit Semiconductors raises $3.5 million in seed round
*Business Standard*
๐ GoM recommends lowering GST rate on water bottles, bicycles to 5%: Report
๐ Centre forms panel to reduce gap between farm to fork in perishables
๐ India seeks binding critical minerals pact with US to boost manufacturing
๐ SMPP files draft red herring prospectus with Sebi, eyes Rs 4,000 cr via IPO
๐ Dalmia Bharat Q2 results: PAT drops 60% to Rs 49 cr, revenue at Rs 3,087 cr
๐ India's road infrastructure will surpass that of US: Nitin Gadkari
๐ EL&N London opens 1st Indian cafe in Mumbai, partners with Reliance Brands
๐ Cyclonic circulation over Andaman sea likely to turn into low pressure: IMD
*Financial Express*
๐ Dhanlaxmi Bank posts Q2 net profit of Rs 26 crore
๐ Tech Mahindra beats Street estimates, profit gets boost by other income
๐ Paddy procurement in Punjab and Haryana down 39 per cent
*Mint*
๐ Afcons Infra IPO: Shapoorji Pallonji arm to float โน5,430 crore IPO on Oct 25
๐ India aims to secure critical minerals partnership with US, eyes trade benefits
๐ Delhi AQI soars to 344 , hits 'very poorโ category ahead of Diwali
๐ Oil logs biggest weekly decline in one month on China demand concerns; Brent drops
๐ Infosys poised to regain its No.2 rank as quarterly revenue edges past Cognizant.
Kunvarji News Room
19 Oct, 12:36
*MCX:*
Net Profit At โน153.6 Cr Vs Loss Of โน19.1 Cr (YoY)
Revenue Up 73% At โน285.6 Cr Vs โน165.1 Cr (YoY)
EBITDA At โน179.4 Cr Vs EBITDA Loss Of โน28.6 Cr (YoY)
(Numbers seen supportive for outlook)
Net Profit At โน153.6 Cr Vs Loss Of โน19.1 Cr (YoY)
Revenue Up 73% At โน285.6 Cr Vs โน165.1 Cr (YoY)
EBITDA At โน179.4 Cr Vs EBITDA Loss Of โน28.6 Cr (YoY)
(Numbers seen supportive for outlook)
Kunvarji News Room
19 Oct, 11:59
*IPO Opens from 21st October 2024: Waaree Energies Ltd*
*Link to Apply for an IPO:* https://rb.gy/mlb6xa
*Research Coverage:* https://tinyurl.com/3ytzukn3
*Link to Apply for an IPO:* https://rb.gy/mlb6xa
*Research Coverage:* https://tinyurl.com/3ytzukn3
Kunvarji News Room
19 Oct, 11:57
*IPO Opens from 21st October 2024: Deepak Builders Ltd*
*Link to Apply for an IPO:* https://rb.gy/mlb6xa
*Research Coverage:* https://tinyurl.com/f9pvrnnc
*Link to Apply for an IPO:* https://rb.gy/mlb6xa
*Research Coverage:* https://tinyurl.com/f9pvrnnc
Kunvarji News Room
19 Oct, 11:54
*Kunvarji Research: Weekly Equity Cash and Derivative Coverage*
*Weekly snapshot:* India's equity benchmarks closed in the marginal red zone and extended consolidation for the second consecutive week.
*Indices Performance:* Nifty 50 has closed with a loss of 0.44 percent while Nifty Bank outperformed and closed with a gain of 1.88 percent.
*Weekly Fund-Flow Activities:* During the week, FIIs have sold equities worth of Rs 21823.3 cr while DIIs have bought equities of Rs 16384.0 cr in cash segment during the week.
*Macro Data:* Comments from major central bankers, Chinese macro data and manufacturing PMIs from major global economies are the scheduled macro events for upcoming week.
*Weekly Outlook:* Indian markets expected to remain focused on earning season, commodity prices and global market volatility. Institutional activities likely to play an important role for the market during the upcoming week.
For Weekly Equity Research Report please visit: https://tinyurl.com/22nyexkx
For Weekly Derivative Research Report please visit: https://tinyurl.com/23yxmyph
For Disclaimer please visit: https://kunvarjiwealth.com/disclaimer/
*Weekly snapshot:* India's equity benchmarks closed in the marginal red zone and extended consolidation for the second consecutive week.
*Indices Performance:* Nifty 50 has closed with a loss of 0.44 percent while Nifty Bank outperformed and closed with a gain of 1.88 percent.
*Weekly Fund-Flow Activities:* During the week, FIIs have sold equities worth of Rs 21823.3 cr while DIIs have bought equities of Rs 16384.0 cr in cash segment during the week.
*Macro Data:* Comments from major central bankers, Chinese macro data and manufacturing PMIs from major global economies are the scheduled macro events for upcoming week.
*Weekly Outlook:* Indian markets expected to remain focused on earning season, commodity prices and global market volatility. Institutional activities likely to play an important role for the market during the upcoming week.
For Weekly Equity Research Report please visit: https://tinyurl.com/22nyexkx
For Weekly Derivative Research Report please visit: https://tinyurl.com/23yxmyph
For Disclaimer please visit: https://kunvarjiwealth.com/disclaimer/
Kunvarji News Room
19 Oct, 09:04
*HDFC Bank Q2:*
โช๏ธNet Profit at Rs 16,821 crore versus poll Rs 16,248 crore
โช๏ธNII at Rs 30,114 crore versus poll Rs 30,008 crore
โช๏ธGross NPA at 1.36% versus 1.33% QoQ
โช๏ธNet NPA at 0.41% versus 0.39% QoQ
(Headline numbers seen inline with EST, However asset quality declined QOQ)
โช๏ธNet Profit at Rs 16,821 crore versus poll Rs 16,248 crore
โช๏ธNII at Rs 30,114 crore versus poll Rs 30,008 crore
โช๏ธGross NPA at 1.36% versus 1.33% QoQ
โช๏ธNet NPA at 0.41% versus 0.39% QoQ
(Headline numbers seen inline with EST, However asset quality declined QOQ)
Kunvarji News Room
19 Oct, 07:25
*Kotak Mahindra Bank Q2:*
โช๏ธNet Profit at Rs 3344 crore versus poll Rs 3513 crore
โช๏ธNII at Rs 7019 crore versus poll Rs 6996 crore
โช๏ธGross NPA at 1.49% versus 1.39% QoQ
โช๏ธNet NPA at 0.43% versus 0.35% QoQ
(Headline numbers seen marginally inline with EST, whereas asset quality declined QOQ)
โช๏ธNet Profit at Rs 3344 crore versus poll Rs 3513 crore
โช๏ธNII at Rs 7019 crore versus poll Rs 6996 crore
โช๏ธGross NPA at 1.49% versus 1.39% QoQ
โช๏ธNet NPA at 0.43% versus 0.35% QoQ
(Headline numbers seen marginally inline with EST, whereas asset quality declined QOQ)
Kunvarji News Room
18 Oct, 12:31
*U.S. Building Permits*
Actual: 1.43M
Expected: 1.45M
Previous: 1.48M
(Data seen marginally lower than EST)
Actual: 1.43M
Expected: 1.45M
Previous: 1.48M
(Data seen marginally lower than EST)
Kunvarji News Room
18 Oct, 12:27
Fund Flow Activity:
18 October 2024
Provisional Cash Rs. In Crs.
FII/FPI: NET SELL: -5485.7
(12348.95 - 17834.65)
DII: NET BUY: +5214.83
(13850.16 - 8635.33)
18 October 2024
Provisional Cash Rs. In Crs.
FII/FPI: NET SELL: -5485.7
(12348.95 - 17834.65)
DII: NET BUY: +5214.83
(13850.16 - 8635.33)
Kunvarji News Room
18 Oct, 09:55
*ONWARD TECHNOLOGIES:* Q2 CONS NET PROFIT 35M RUPEES VS 71M (QOQ), Q2 EBIT MARGIN 3.8% VS 7.07% (QOQ) (NUMBERS TRAILED ON YOY)
Kunvarji News Room
18 Oct, 09:41
Kunvarji: Latent View at 486.0, can hold position for TGT 510.0 as BTST position (15.10)
Kunvarji: FSL at 333.0, can hold position for TGT 345.0 as BTST position (15.10)
Kunvarji: FSL at 333.0, can hold position for TGT 345.0 as BTST position (15.10)
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