NIFTY 23000 CE 100
TGT 140-200-300
TGT 140-200-300
TRADING GURU 33
@tradingguru332
I am not registered as per sebi guideline these calls are only for educational purpose so trade with ur own analysis i am not responsible for any of ur trade
ADMIN IS NOT SEBI REGISTERED......!!!
TRADING GURU 33 (English)
Are you looking to enhance your trading knowledge and skills? Look no further than TRADING GURU 33! This Telegram channel, with the username @tradingguru332, is dedicated to providing valuable insights and educational content for traders of all levels. Please note that the admin of this channel is not SEBI registered, and the calls shared are for educational purposes only. It is important to conduct your own analysis before making any trades. TRADING GURU 33 offers a wide range of topics, including market analysis, trading strategies, risk management, and more. Join this channel today to stay updated with the latest trends and improve your trading expertise. Take your trading game to the next level with TRADING GURU 33!
TRADING GURU 33
11 Jan, 05:59
TRADING IS YOUR LIFESTYLE PASSION ☺️ 😍😈
WHICH SHOULD BE GIVEN A FULL ATTENTION EVERYDAY ♥️🔥
BUT ON SATURDAY AND SUNDAY YOU SHOULD GIVE FULL ATTENTION TO SPEND QUALITY AND PROFITABLE TIME WITH YOUR FAMILY 😍😍😍
HAPPY WEEKEND
@Sure_Trader_Official
WHICH SHOULD BE GIVEN A FULL ATTENTION EVERYDAY ♥️🔥
BUT ON SATURDAY AND SUNDAY YOU SHOULD GIVE FULL ATTENTION TO SPEND QUALITY AND PROFITABLE TIME WITH YOUR FAMILY 😍😍😍
HAPPY WEEKEND
@Sure_Trader_Official
TRADING GURU 33
27 Dec, 05:43
BOOK FULL PROFIT ✔️✔️✔️✔️
Don’t Hold Anymore ❤️❤️
Enjoy your Day and weekend 🙏🏻🙏🏻
Don’t Hold Anymore ❤️❤️
Enjoy your Day and weekend 🙏🏻🙏🏻
TRADING GURU 33
26 Nov, 05:50
DEC EXPIRY+ POSITIONAL😈😈
NATIONALUM 250 CE
BUY ABOVE 12.8
SL 8 ❤️❤️❤️
TARGET 15-18-30
NATIONALUM 250 CE
BUY ABOVE 12.8
SL 8 ❤️❤️❤️
TARGET 15-18-30
TRADING GURU 33
26 Nov, 03:38
Morning Alert..
*S&P Global cuts India's FY26 GDP growth forecast to 6.7% from 6.9%*
Credit ratings agency S&P Global on Monday pared down its growth forecast for India to 6.7 per cent in FY26 from the earlier estimate of 6.9 per cent. However, in its latest quarterly economic update for Asia-Pacific, the rating agency maintained its growth forecast for the current financial year (FY25) at 6.8 per cent as “high interest rates and a lower fiscal impulse temper urban demand”. “While purchasing manager indices (PMIs) remain convincingly in the expansion zone, other high-frequency indicators show some transitory softening of growth momentum due to the hit to the construction sector in the September quarter,” the update noted. The update also highlighted that persistent food inflation is delaying rate cuts by the Reserve Bank of India (RBI), and the central bank is expected to cut the policy rate only once in the current financial year. “Consumer inflation is fueled by supply shocks in agriculture, which have driven up food prices. These shocks are linked to changing rainfall patterns and climate change-driven heatwaves. Traditionally volatile and hard to predict, food inflation has become even more capricious lately. The RBI cannot ignore food inflation when considering rate cuts. Food items make up nearly 46 per cent of the inflation basket and persistently high food inflation raises inflationary expectations,” the update said.
* Global market action*
Dow Jones – Down by 0.14% or 61.64 points
FTSE – Up by 0.36% or 29.60 points
CAC – Up by 0.03% or 2.46 points
DAX – Up by 0.43% or 82.61 points
Gift Nifty – Down by 0.25% or 60.50 points
*FII/DII activities*
FII – Bought 9947.55Cr worth of shares
DII – Sold 6907.97Cr worth of shares.
*Stocks with high delivery percentage*
Akums Drugs & Pharma Ltd – 100%
GMM Pfaudler Ltd – 93.1%
Schaeffler India Ltd – 90.7%
Grindwell Norton Ltd – 89.2%
Endurance Technologies Ltd – 87%
*Primary market activities*
IPO opening today
Rajputana Biodiesal Ltd (NSE SME) – Issue size 24.70Cr
*Commodities updates*
Gold – Rs 75273/10gm, Silver – Rs 87684/kg, Brcrude – Rs 5823/barrel, Copper – Rs 815.80/kg.
*Corporate News*
Vedanta to proceed with dollar bond sale in first post-Adani credit test.
TotalEnergies pauses investments in Adani Group after bribery charges.
HUL ice-cream business demerger clears first hurdle after board nod.
*S&P Global cuts India's FY26 GDP growth forecast to 6.7% from 6.9%*
Credit ratings agency S&P Global on Monday pared down its growth forecast for India to 6.7 per cent in FY26 from the earlier estimate of 6.9 per cent. However, in its latest quarterly economic update for Asia-Pacific, the rating agency maintained its growth forecast for the current financial year (FY25) at 6.8 per cent as “high interest rates and a lower fiscal impulse temper urban demand”. “While purchasing manager indices (PMIs) remain convincingly in the expansion zone, other high-frequency indicators show some transitory softening of growth momentum due to the hit to the construction sector in the September quarter,” the update noted. The update also highlighted that persistent food inflation is delaying rate cuts by the Reserve Bank of India (RBI), and the central bank is expected to cut the policy rate only once in the current financial year. “Consumer inflation is fueled by supply shocks in agriculture, which have driven up food prices. These shocks are linked to changing rainfall patterns and climate change-driven heatwaves. Traditionally volatile and hard to predict, food inflation has become even more capricious lately. The RBI cannot ignore food inflation when considering rate cuts. Food items make up nearly 46 per cent of the inflation basket and persistently high food inflation raises inflationary expectations,” the update said.
* Global market action*
Dow Jones – Down by 0.14% or 61.64 points
FTSE – Up by 0.36% or 29.60 points
CAC – Up by 0.03% or 2.46 points
DAX – Up by 0.43% or 82.61 points
Gift Nifty – Down by 0.25% or 60.50 points
*FII/DII activities*
FII – Bought 9947.55Cr worth of shares
DII – Sold 6907.97Cr worth of shares.
*Stocks with high delivery percentage*
Akums Drugs & Pharma Ltd – 100%
GMM Pfaudler Ltd – 93.1%
Schaeffler India Ltd – 90.7%
Grindwell Norton Ltd – 89.2%
Endurance Technologies Ltd – 87%
*Primary market activities*
IPO opening today
Rajputana Biodiesal Ltd (NSE SME) – Issue size 24.70Cr
*Commodities updates*
Gold – Rs 75273/10gm, Silver – Rs 87684/kg, Brcrude – Rs 5823/barrel, Copper – Rs 815.80/kg.
*Corporate News*
Vedanta to proceed with dollar bond sale in first post-Adani credit test.
TotalEnergies pauses investments in Adani Group after bribery charges.
HUL ice-cream business demerger clears first hurdle after board nod.
TRADING GURU 33
25 Nov, 03:30
*News Headlines from Business News Agencies:*
*Business Standard*
📝 Major port cargo contracts by 3.2% to 68.22 mmt in October, shows data
📝 Bank of India plans to raise Rs 5,000 crore via 10-year infra bonds
📝 Urban demand needs an upward spiral: ITC Executive Director Bhargavan
📝 FMCG distributors write to Finance Ministry on quick-commerce practices
📝 India-dedicated fund outflows hit largest since June 2022: Elara Capital
📝 Govt should add coking coal to critical minerals list: Niti report
📝 NGEL to invest Rs 2 trillion in Andhra for renewable energy projects
📝 SBI launches low-cost tailored vehicle loan for Uber's fleet partners
📝 Raymond receives NOC from exchanges for demerger of its realty business
📝 Flipkart's Binny Bansal steps down from fintech major PhonePe board
📝 Govt extends deadline for electric construction equipment safety compliance
📝 Advent agrees to sell Manjushree Technopack to PAG for nearly $1 billion
📝 After Mercedes, BMW India announces price hike of up to 3% from January
*Economic Times*
📝 India's 26 major listed realty firms sell Rs 35,000 crore worth properties in Q2; Godrej Properties at top
📝 India Inc’s interest cover weakens in Q2 amid slowing revenue, profit growth
📝 FSIB recommends Binod Kumar for post of Indian Bank MD & CEO
📝 CCI rejects Apple request to put antitrust report on hold
📝 Central Bank of India gets RBI nod to enter insurance biz through JV with Generali group
📝 AkzoNobel India approves selling company's immovable properties
📝 Sony bags Asian Cricket Council media rights till 2031
📝 Centre readies Technology Collaboration Portal to bridge chemical makers and research institutions
📝 Trai asks telcos to publish coverage maps on websites
📝 German GDP downgraded in new blow for struggling economy
📝 Hyundai recalls over 145,000 electrified US vehicles on loss of drive power
📝 Centre releases 15th Finance Commission grant for rural local bodies in Karnataka
*Mint*
📝 India's food processing industry spurs FMCG fresher jobs hiring; rising to 32% in H2FY24
📝 Finance COP fails to offer adequate finance to developing countries for climate
📝 India announces $5 billion incentive to boost electronics manufacturing
📝 Demand from Europe fuels recovery in Indian textile exports
📝 IIFCL seeks infra tag for space sector; keen to finance satellite vehicles manufacturing: MD
📝 Auto Sector Q2 Review: OEMs struggle, 2W demand supports ancillaries
📝 Mumbai, Delhi lead surge in demand for luxury residential properties in APAC
📝 Services sector boosts business activity as manufacturing growth slows in Nov
📝 India at CoP-29: Push for climate finance and strengthen domestic sources
📝 Zepto raises another $350 million in third fundraise in six months
📝 Bulk drug makers to benefit from price stability but need to improve efficiency
*Business Standard*
📝 Major port cargo contracts by 3.2% to 68.22 mmt in October, shows data
📝 Bank of India plans to raise Rs 5,000 crore via 10-year infra bonds
📝 Urban demand needs an upward spiral: ITC Executive Director Bhargavan
📝 FMCG distributors write to Finance Ministry on quick-commerce practices
📝 India-dedicated fund outflows hit largest since June 2022: Elara Capital
📝 Govt should add coking coal to critical minerals list: Niti report
📝 NGEL to invest Rs 2 trillion in Andhra for renewable energy projects
📝 SBI launches low-cost tailored vehicle loan for Uber's fleet partners
📝 Raymond receives NOC from exchanges for demerger of its realty business
📝 Flipkart's Binny Bansal steps down from fintech major PhonePe board
📝 Govt extends deadline for electric construction equipment safety compliance
📝 Advent agrees to sell Manjushree Technopack to PAG for nearly $1 billion
📝 After Mercedes, BMW India announces price hike of up to 3% from January
*Economic Times*
📝 India's 26 major listed realty firms sell Rs 35,000 crore worth properties in Q2; Godrej Properties at top
📝 India Inc’s interest cover weakens in Q2 amid slowing revenue, profit growth
📝 FSIB recommends Binod Kumar for post of Indian Bank MD & CEO
📝 CCI rejects Apple request to put antitrust report on hold
📝 Central Bank of India gets RBI nod to enter insurance biz through JV with Generali group
📝 AkzoNobel India approves selling company's immovable properties
📝 Sony bags Asian Cricket Council media rights till 2031
📝 Centre readies Technology Collaboration Portal to bridge chemical makers and research institutions
📝 Trai asks telcos to publish coverage maps on websites
📝 German GDP downgraded in new blow for struggling economy
📝 Hyundai recalls over 145,000 electrified US vehicles on loss of drive power
📝 Centre releases 15th Finance Commission grant for rural local bodies in Karnataka
*Mint*
📝 India's food processing industry spurs FMCG fresher jobs hiring; rising to 32% in H2FY24
📝 Finance COP fails to offer adequate finance to developing countries for climate
📝 India announces $5 billion incentive to boost electronics manufacturing
📝 Demand from Europe fuels recovery in Indian textile exports
📝 IIFCL seeks infra tag for space sector; keen to finance satellite vehicles manufacturing: MD
📝 Auto Sector Q2 Review: OEMs struggle, 2W demand supports ancillaries
📝 Mumbai, Delhi lead surge in demand for luxury residential properties in APAC
📝 Services sector boosts business activity as manufacturing growth slows in Nov
📝 India at CoP-29: Push for climate finance and strengthen domestic sources
📝 Zepto raises another $350 million in third fundraise in six months
📝 Bulk drug makers to benefit from price stability but need to improve efficiency
TRADING GURU 33
25 Nov, 03:18
Morning Alert..
*Major port cargo contracts 3.2% to 68 mt in October, shows govt data*
Central government-owned ports, also known as major ports, recorded a rare 3.2 per cent year on year (Y-o-Y) contraction in their cargo volumes during October, primarily due to a fall in crude oil and coal shipments, according to government data. Traffic handled at the 12 major ports decreased last month to 68.22 million metric tonnes (mmt). Approximately, a fourth of this cargo arrived through coastal shipping. Overseas cargo handled by these ports decreased by 5.5 per cent to 52.9 mmt in October, while domestic cargo shipped through coastal waters increased by 5.3 per cent on-year to 15.9 mmt. Crude Oil, which accounts for almost a fifth of the entire traffic, contracted in volumes by 8.8 per cent to 12.9 mmt, while overall volumes of petroleum products also fell, the data reveals. Coal, also among the largest revenue generators for ports, showed a Y-o-Y contraction of 13 per cent, led by a large fall in non-thermal coal cargo. October typically sees higher movement of goods due to increased consumer spending in the festival season. Container volumes at state-owned ports in October remained flat (-0.2 per cent). In contrast, India’s merchandise exports showed a 28-month fastest pace of growth at 17 per cent, primarily led by inventory build-up in the West as the Christmas and New Year season approaches.
* Global market action*
Dow Jones – Up by 0.54% or 240.97 points
FTSE – Up by 1.37% or 112.81 points
CAC – Up by 0.57% or 41.69 points
DAX – Up by 0.91% or 176.42 points
Gift Nifty – Up by 1.17% or 281.50 points
*FII/DII activities*
FII – Sold 1278.37Cr worth of shares
DII – Bought 1722.15Cr worth of shares.
*Stocks with high delivery percentage*
Akums Drugs & Pharma Ltd – 100%
CIE Automotive Ltd – 90.7%
Suven Pharma Ltd – 84.2%
Ingersoll-Rand India Ltd – 81.4%
Glaxosmithkline Pharma Ltd – 80.9%
*Primary market activities*
IPO opening today
Rajesh Power Services Ltd (BSE SME) – Issue size 160.47Cr
*Commodities updates*
Gold – Rs 77650/10gm, Silver – Rs 90798/kg, Brcrude – Rs 5845/barrel, Copper – Rs 813.60/kg.
*Corporate News*
US agency conducting due diligence on Adani's Sri Lanka project: Report.
FSIB recommends Binod Kumar for the post of MD and CEO of Indian Bank.
Punit Goenka withdraws from reappointment for ZEEL MD in upcoming AGM.
*Major port cargo contracts 3.2% to 68 mt in October, shows govt data*
Central government-owned ports, also known as major ports, recorded a rare 3.2 per cent year on year (Y-o-Y) contraction in their cargo volumes during October, primarily due to a fall in crude oil and coal shipments, according to government data. Traffic handled at the 12 major ports decreased last month to 68.22 million metric tonnes (mmt). Approximately, a fourth of this cargo arrived through coastal shipping. Overseas cargo handled by these ports decreased by 5.5 per cent to 52.9 mmt in October, while domestic cargo shipped through coastal waters increased by 5.3 per cent on-year to 15.9 mmt. Crude Oil, which accounts for almost a fifth of the entire traffic, contracted in volumes by 8.8 per cent to 12.9 mmt, while overall volumes of petroleum products also fell, the data reveals. Coal, also among the largest revenue generators for ports, showed a Y-o-Y contraction of 13 per cent, led by a large fall in non-thermal coal cargo. October typically sees higher movement of goods due to increased consumer spending in the festival season. Container volumes at state-owned ports in October remained flat (-0.2 per cent). In contrast, India’s merchandise exports showed a 28-month fastest pace of growth at 17 per cent, primarily led by inventory build-up in the West as the Christmas and New Year season approaches.
* Global market action*
Dow Jones – Up by 0.54% or 240.97 points
FTSE – Up by 1.37% or 112.81 points
CAC – Up by 0.57% or 41.69 points
DAX – Up by 0.91% or 176.42 points
Gift Nifty – Up by 1.17% or 281.50 points
*FII/DII activities*
FII – Sold 1278.37Cr worth of shares
DII – Bought 1722.15Cr worth of shares.
*Stocks with high delivery percentage*
Akums Drugs & Pharma Ltd – 100%
CIE Automotive Ltd – 90.7%
Suven Pharma Ltd – 84.2%
Ingersoll-Rand India Ltd – 81.4%
Glaxosmithkline Pharma Ltd – 80.9%
*Primary market activities*
IPO opening today
Rajesh Power Services Ltd (BSE SME) – Issue size 160.47Cr
*Commodities updates*
Gold – Rs 77650/10gm, Silver – Rs 90798/kg, Brcrude – Rs 5845/barrel, Copper – Rs 813.60/kg.
*Corporate News*
US agency conducting due diligence on Adani's Sri Lanka project: Report.
FSIB recommends Binod Kumar for the post of MD and CEO of Indian Bank.
Punit Goenka withdraws from reappointment for ZEEL MD in upcoming AGM.
TRADING GURU 33
22 Nov, 03:07
Morning Alert..
*Macroeconomic stability a joint effort, says RBI Governor Shaktikanta Das*
Macroeconomic stability is a shared responsibility of both monetary and fiscal authorities and effective fiscal-monetary coordination was at the core of India’s success in the face of a series of adverse shocks, said Shaktikanta Das, Governor of the RBI, on Thursday. “The 2020-23 period was unique in view of the incidence of multiple and overlapping shocks to food and oil prices, which challenged the conduct of monetary policy. It was necessary to neutralise the impact of these shocks through effective coordination with fiscal policy,” said Das, adding that while monetary policy worked on anchoring inflation expectations and containing demand-pull pressures, effective supply management by the government alleviated supply chain pressures and moderated cost-push inflation. Additionally, Das highlighted that a stable inflation is the bedrock for sustained growth as it enhances the purchasing power of the people and provides a stable environment for investment. Speaking at the high-level policy conference of central banks in Mumbai, Das said, price stability is just as crucial as growth to enable economic agents to plan ahead, reduce uncertainty and inflation risk premium, encourage savings and investment, all of which provide a boost to the potential growth rate of the economy. “Thus, in the long-run, price stability supports sustained high growth. Price stability is also important because high inflation is disproportionately burdensome on the poor,” he added.
* Global market action*
Dow Jones – Up by 0.03% or 14.72 points
FTSE – Up by 0.79% or 64.20 points
CAC – Up by 0.21% or 14.87 points
DAX – Up by 0.74% or 141.39 points
Gift Nifty – Up by 0.30% or 70.00 points
*FII/DII activities*
FII – Sold 5320.68Cr worth of shares
DII – Bought 4200.16Cr worth of shares.
*Stocks with high delivery percentage*
Akums Drugs & Pharma Ltd – 100%
CIE Automotive India Ltd – 87.4%
Godrej Consumer Products Ltd – 87.3%
Schaeffler India Ltd – 86.3%
Ingersoll-Rand India Ltd – 86.1%
*Primary market activities*
IPOs opening today
C2C Advanced Systems Ltd (NSE SME) – Issue size 99.07Cr
Enviro Infra Engineers Ltd (Main board) – Issue size 650.43Cr
Listing today
Zinka Logistics Solutions Ltd (Main board) – Subscribed 1.87x
Onyx Biotec Ltd (NSE SME) - Subscribed 198x
*Commodities updates*
Gold – Rs 76728/10gm, Silver – Rs 89918/kg, Brcrude – Rs 5842/barrel, Copper – Rs 824.25/kg.
*Corporate News*
US bribery taint melts Adani stocks; Kenya cancels airport, energy deals.
Ola Electric may lay off 500 employees as part of restructuring exercise.
NTPC Green Energy Ltd to invest Rs 1.87 trillion in Andhra for renewable energy projects.
*Macroeconomic stability a joint effort, says RBI Governor Shaktikanta Das*
Macroeconomic stability is a shared responsibility of both monetary and fiscal authorities and effective fiscal-monetary coordination was at the core of India’s success in the face of a series of adverse shocks, said Shaktikanta Das, Governor of the RBI, on Thursday. “The 2020-23 period was unique in view of the incidence of multiple and overlapping shocks to food and oil prices, which challenged the conduct of monetary policy. It was necessary to neutralise the impact of these shocks through effective coordination with fiscal policy,” said Das, adding that while monetary policy worked on anchoring inflation expectations and containing demand-pull pressures, effective supply management by the government alleviated supply chain pressures and moderated cost-push inflation. Additionally, Das highlighted that a stable inflation is the bedrock for sustained growth as it enhances the purchasing power of the people and provides a stable environment for investment. Speaking at the high-level policy conference of central banks in Mumbai, Das said, price stability is just as crucial as growth to enable economic agents to plan ahead, reduce uncertainty and inflation risk premium, encourage savings and investment, all of which provide a boost to the potential growth rate of the economy. “Thus, in the long-run, price stability supports sustained high growth. Price stability is also important because high inflation is disproportionately burdensome on the poor,” he added.
* Global market action*
Dow Jones – Up by 0.03% or 14.72 points
FTSE – Up by 0.79% or 64.20 points
CAC – Up by 0.21% or 14.87 points
DAX – Up by 0.74% or 141.39 points
Gift Nifty – Up by 0.30% or 70.00 points
*FII/DII activities*
FII – Sold 5320.68Cr worth of shares
DII – Bought 4200.16Cr worth of shares.
*Stocks with high delivery percentage*
Akums Drugs & Pharma Ltd – 100%
CIE Automotive India Ltd – 87.4%
Godrej Consumer Products Ltd – 87.3%
Schaeffler India Ltd – 86.3%
Ingersoll-Rand India Ltd – 86.1%
*Primary market activities*
IPOs opening today
C2C Advanced Systems Ltd (NSE SME) – Issue size 99.07Cr
Enviro Infra Engineers Ltd (Main board) – Issue size 650.43Cr
Listing today
Zinka Logistics Solutions Ltd (Main board) – Subscribed 1.87x
Onyx Biotec Ltd (NSE SME) - Subscribed 198x
*Commodities updates*
Gold – Rs 76728/10gm, Silver – Rs 89918/kg, Brcrude – Rs 5842/barrel, Copper – Rs 824.25/kg.
*Corporate News*
US bribery taint melts Adani stocks; Kenya cancels airport, energy deals.
Ola Electric may lay off 500 employees as part of restructuring exercise.
NTPC Green Energy Ltd to invest Rs 1.87 trillion in Andhra for renewable energy projects.
TRADING GURU 33
19 Nov, 07:13
*News Headlines from Business News Agencies:*
*Business Standard*
📝 Indian Railways plans 23 new container terminals to enhance cargo movement
📝 Tyre makers expected to see 7%-8% revenue growth this fiscal: CRISIL
📝 ESB chairperson Mallika Srinivasan gets one-year extension beyond 65 yrs
📝 Port delays and red tape strain India's 10,000 steel user units: GTRI
📝 Spirit Airlines files for bankruptcy after long run of quarterly losses
📝 SBI raises Rs 10,000 crore through 15-year infrastructure bonds at 7.23%
📝 Taiwan seeks economic partnership with EU to boost semiconductor ties
📝 India's Apollo Radiology acquires reporting wing of UK's InHealth Group
📝 Alibaba plans to raise $5 billion through dual currency bond issuance
📝 Goldman Sachs, Morgan Stanley downgrade China's economic growth outlook
📝 RBI to launch cloud services in 2025 to challenge global firm dominance
📝 Paddy procurement begins, target set to purchase 16 million tonnes
*Economic Times*
📝 Indian REITs distribute Rs 2,754 crore in H1 FY24, up 14% YoY
📝 India's GCC ecosystem set to hit $100 billion by 2030: report
📝 GST Council to hold 55th meet on December 21 in Jaisalmer, Rajasthan
📝 Cost of borrowing very stressful, banks need to make interest rates affordable: FM Sitharaman
📝 Bajaj Finance FD book rises 21 pc to Rs 66,131 cr as on September-end
📝 MakeMyTrip to acquire Happay Expense Management Platform from CRED
📝 IndiaMart hires UpGrad's Saurabh Deep Singla as chief HR officer
📝 Hindalco expects to gain from China scrapping export tax rebate
📝 The Good Glamm Group completes acquisition of The Moms Co
📝 Govt to exceed FY25 direct tax collection target: CBDT chief
📝 HCLSoftware appoints Vikrant Chowdhary as SVP & country head for India
📝 SBI to open 500 new branches in the financial year 2025, says Nirmala Sitharaman
*Mint*
📝 Tata Electronics to buy 60% stake in Pegatron's iPhone plant: Report
📝 RBI to take on Google, Microsoft with its first-ever cloud platform: Report
📝 India likely to attract USD 20-25 billion FPI inflows in FY25, recent outflow temporary: Bank of Baroda
📝 Urban labour market shows improvement as unemployment declines in September qtr
📝 Pharma, electronics and engineering goods among India's top exports in Apr-Oct
📝 Click2Pro Expands Mental Health Consultation Services across India
📝 Geniemode eyes ₹500 cr fundraise from new and existing investors
📝 Nykaa’s beauty business growth is a highlight, but margin is a sore spot
📝 HealthKart raises $153 million led by ChrysCapital, Motilal Oswal Alternates
📝 Oman’s OQ Seeks to Raise $490 Million From Methanol Unit IPO
📝 WeWork India appoints Jitendra Mohandas Virwani as non-executive chairman, Karan to be MD & CEO
*Business Standard*
📝 Indian Railways plans 23 new container terminals to enhance cargo movement
📝 Tyre makers expected to see 7%-8% revenue growth this fiscal: CRISIL
📝 ESB chairperson Mallika Srinivasan gets one-year extension beyond 65 yrs
📝 Port delays and red tape strain India's 10,000 steel user units: GTRI
📝 Spirit Airlines files for bankruptcy after long run of quarterly losses
📝 SBI raises Rs 10,000 crore through 15-year infrastructure bonds at 7.23%
📝 Taiwan seeks economic partnership with EU to boost semiconductor ties
📝 India's Apollo Radiology acquires reporting wing of UK's InHealth Group
📝 Alibaba plans to raise $5 billion through dual currency bond issuance
📝 Goldman Sachs, Morgan Stanley downgrade China's economic growth outlook
📝 RBI to launch cloud services in 2025 to challenge global firm dominance
📝 Paddy procurement begins, target set to purchase 16 million tonnes
*Economic Times*
📝 Indian REITs distribute Rs 2,754 crore in H1 FY24, up 14% YoY
📝 India's GCC ecosystem set to hit $100 billion by 2030: report
📝 GST Council to hold 55th meet on December 21 in Jaisalmer, Rajasthan
📝 Cost of borrowing very stressful, banks need to make interest rates affordable: FM Sitharaman
📝 Bajaj Finance FD book rises 21 pc to Rs 66,131 cr as on September-end
📝 MakeMyTrip to acquire Happay Expense Management Platform from CRED
📝 IndiaMart hires UpGrad's Saurabh Deep Singla as chief HR officer
📝 Hindalco expects to gain from China scrapping export tax rebate
📝 The Good Glamm Group completes acquisition of The Moms Co
📝 Govt to exceed FY25 direct tax collection target: CBDT chief
📝 HCLSoftware appoints Vikrant Chowdhary as SVP & country head for India
📝 SBI to open 500 new branches in the financial year 2025, says Nirmala Sitharaman
*Mint*
📝 Tata Electronics to buy 60% stake in Pegatron's iPhone plant: Report
📝 RBI to take on Google, Microsoft with its first-ever cloud platform: Report
📝 India likely to attract USD 20-25 billion FPI inflows in FY25, recent outflow temporary: Bank of Baroda
📝 Urban labour market shows improvement as unemployment declines in September qtr
📝 Pharma, electronics and engineering goods among India's top exports in Apr-Oct
📝 Click2Pro Expands Mental Health Consultation Services across India
📝 Geniemode eyes ₹500 cr fundraise from new and existing investors
📝 Nykaa’s beauty business growth is a highlight, but margin is a sore spot
📝 HealthKart raises $153 million led by ChrysCapital, Motilal Oswal Alternates
📝 Oman’s OQ Seeks to Raise $490 Million From Methanol Unit IPO
📝 WeWork India appoints Jitendra Mohandas Virwani as non-executive chairman, Karan to be MD & CEO
TRADING GURU 33
18 Nov, 06:11
GODREJPROP 2600 CE ❤️❤️
BUY ABOVE 73
SL 63 ❤️❤️❤️❤️
TGT 79/88/95++++
BUY ABOVE 73
SL 63 ❤️❤️❤️❤️
TGT 79/88/95++++
TRADING GURU 33
18 Nov, 05:37
Short term Call
BUY HDFCAMC 28 Nov 2024 PE 4150.00
CMP : 71.8
SL : 42
TGT : 113
BUY HDFCAMC 28 Nov 2024 PE 4150.00
CMP : 71.8
SL : 42
TGT : 113
TRADING GURU 33
18 Nov, 04:13
🇮🇳India Daybook – Stocks in News
*Prestige estates:* Prestige Group acquires 22,135 sq. meters of land in Mira bhayandar Municipal Corporation (Positive)
*HCL Technologies:* Company and Servicenow roll out AI labs, adding to HCL tech’s global network (Positive)
*Cyient:* Company expands partnership with Allegro Micro Systems for magnetic sensors & power semiconductors for automotive industry (Positive)
*Happiest Minds:* Company eyes H2 growth driven by $2 million Generative AI investment (Positive)
*GAIL:* Company signs 10-year agreement with ADNOC gas for delivery of up to 0.52 MMTPA LNG, LNG to be delivered in six cargoes per year, starting in 2026 (Positive)
*EaseMyTrip:* Company is investing Rs 39.2 Cr in Planet Education for 49% stake and Rs 100 Cr in Jeewani Hospitality for 50%. (Positive)
*Man Infraconstruction:* MICL group realigns portfolio with strategic focus on Mumbai’s luxury segment, MICL group divested from phase 3 of project near Dahisar (Positive)
*East West Freight Carriers:* Company has entered in service contract with Erhardt Project Cargo and Logistic Middle East UAE (Positive)
*IRB Infrastructure:* IRB Infrastructure trust to offer 5 highway assets to IRB Invit fund, proceeds expected to fund new road pipeline of up to Rs 300 billion (Positive)
*R.P.P Infra Projects:* Company secures order worth Rs. 38.32 crores for road and infrastructure development in Tamil Nadu (Positive)
*Nureca:* Company signs distribution agreement with Zepto (Positive)
*Patel Engineering:* Company aims to achieve 20% year-on-year revenue growth from FY26 onwards, says MD Kavita Shirvaikar. (Positive)
*Vatech:* Company has secured a mega order worth ₹1,000 Cr for a 100 MLD Sea Water Desalination Plant from Indosol Solar Pvt. Ltd. for its Solar PV manufacturing facility in Andhra Pradesh. (Positive)
*ACME:* Company gets Rs 3,753 cr loan from REC for FDRE projects in Rajasthan and Gujarat (Positive)
*Marico:* Company says food inflation to moderate in next 2 quarters, expect double-digit revenue growth in H2 (PTI) (Positive)
*Hyundai Motor:* Company bets on CNG vehicles, sees accelerated demand (PTI) (Positive)
*NALCO, Hindalco:* Companies to remain in the spotlight as China announced that the export tax rebate for Aluminium and Copper products (Positive)
*PTC Industries:* Net profit at Rs 17.3 cr vs Rs 8.1 cr, Revenue at Rs 72.4 cr vs Rs 57.5 cr (YoY) (Positive)
*EID Parry:* Net profit at Rs 592 cr vs Rs 226 cr, Revenue at Rs 9330 cr vs Rs 6747 cr (YoY) (Positive)
*Expleo Solutions:* Net profit at Rs 35.4 cr vs Rs 20.5 cr, Revenue at Rs 260 cr vs Rs 230 cr (YoY) (Positive)
*Glenmark Pharma:* Net profit at Rs 350 cr vs Rs 200 cr, Revenue at Rs 3430 cr vs Rs 3210 cr (YoY) (Positive)
*Reliance Infra:* Net profit at Rs 4080 cr vs Net Loss of Rs 294 cr, Revenue at Rs 7260 cr vs Rs 7150 cr (YoY) (Positive)
*Bombay Burmah Trading Corp:* Net profit at Rs 250 cr vs Rs 122 cr, Revenue at Rs 4760 cr vs Rs 4500 cr (YoY) (Positive)
*Federal Mogul Goetze:* Net profit at Rs 38.2 cr vs Rs 32.1 cr, Revenue at Rs 460 cr vs Rs 440 cr (YoY) (Positive)
*RMC Switchgear:* Net profit at Rs 10.1 cr vs Rs 8.0 cr, Revenue at Rs 123.5 cr vs Rs 103 cr (YoY) (Positive)
*SH Kelkar:* Net profit at Rs 40 cr vs Rs 29 cr, Revenue at Rs 522 cr vs Rs 412 cr (YoY) (Positive)
*AVG Logistics:* Net profit at Rs 5.3 cr vs Rs 2.9 cr, Revenue at Rs 138 cr vs Rs 117 cr (YoY) (Positive)
*Suraj Estate:* Net profit at Rs 31.8 cr vs Rs 17.0 cr, Revenue at Rs 110 cr vs Rs 100 cr (YoY) (Positive)
*Alicon:* Net profit at Rs 17 cr vs Rs 14.5 cr, Revenue at Rs 463 cr vs Rs 381 cr (YoY) (Positive)
*Northern Spirits:* Net profit at Rs 12 cr vs Rs 7 cr, Revenue at Rs 947 cr vs Rs 596 cr (YoY) (Positive)
*Shiv Texchem:* Net profit at Rs 21 cr vs Rs 11 cr, Revenue at Rs 1030 cr vs Rs 612 cr (YoY) (Positive)
*Delhivery:* Net profit at Rs 10.2 cr vs Net Loss of Rs 103 cr, Revenue at Rs 2190 cr vs Rs 1942 cr (YoY) (Positive)
*Sarda Energy:* Net profit at Rs 195 cr vs Rs 141 cr, Revenue at Rs 1160 cr vs Rs 1000 cr (YoY) (Positive)
*Prestige estates:* Prestige Group acquires 22,135 sq. meters of land in Mira bhayandar Municipal Corporation (Positive)
*HCL Technologies:* Company and Servicenow roll out AI labs, adding to HCL tech’s global network (Positive)
*Cyient:* Company expands partnership with Allegro Micro Systems for magnetic sensors & power semiconductors for automotive industry (Positive)
*Happiest Minds:* Company eyes H2 growth driven by $2 million Generative AI investment (Positive)
*GAIL:* Company signs 10-year agreement with ADNOC gas for delivery of up to 0.52 MMTPA LNG, LNG to be delivered in six cargoes per year, starting in 2026 (Positive)
*EaseMyTrip:* Company is investing Rs 39.2 Cr in Planet Education for 49% stake and Rs 100 Cr in Jeewani Hospitality for 50%. (Positive)
*Man Infraconstruction:* MICL group realigns portfolio with strategic focus on Mumbai’s luxury segment, MICL group divested from phase 3 of project near Dahisar (Positive)
*East West Freight Carriers:* Company has entered in service contract with Erhardt Project Cargo and Logistic Middle East UAE (Positive)
*IRB Infrastructure:* IRB Infrastructure trust to offer 5 highway assets to IRB Invit fund, proceeds expected to fund new road pipeline of up to Rs 300 billion (Positive)
*R.P.P Infra Projects:* Company secures order worth Rs. 38.32 crores for road and infrastructure development in Tamil Nadu (Positive)
*Nureca:* Company signs distribution agreement with Zepto (Positive)
*Patel Engineering:* Company aims to achieve 20% year-on-year revenue growth from FY26 onwards, says MD Kavita Shirvaikar. (Positive)
*Vatech:* Company has secured a mega order worth ₹1,000 Cr for a 100 MLD Sea Water Desalination Plant from Indosol Solar Pvt. Ltd. for its Solar PV manufacturing facility in Andhra Pradesh. (Positive)
*ACME:* Company gets Rs 3,753 cr loan from REC for FDRE projects in Rajasthan and Gujarat (Positive)
*Marico:* Company says food inflation to moderate in next 2 quarters, expect double-digit revenue growth in H2 (PTI) (Positive)
*Hyundai Motor:* Company bets on CNG vehicles, sees accelerated demand (PTI) (Positive)
*NALCO, Hindalco:* Companies to remain in the spotlight as China announced that the export tax rebate for Aluminium and Copper products (Positive)
*PTC Industries:* Net profit at Rs 17.3 cr vs Rs 8.1 cr, Revenue at Rs 72.4 cr vs Rs 57.5 cr (YoY) (Positive)
*EID Parry:* Net profit at Rs 592 cr vs Rs 226 cr, Revenue at Rs 9330 cr vs Rs 6747 cr (YoY) (Positive)
*Expleo Solutions:* Net profit at Rs 35.4 cr vs Rs 20.5 cr, Revenue at Rs 260 cr vs Rs 230 cr (YoY) (Positive)
*Glenmark Pharma:* Net profit at Rs 350 cr vs Rs 200 cr, Revenue at Rs 3430 cr vs Rs 3210 cr (YoY) (Positive)
*Reliance Infra:* Net profit at Rs 4080 cr vs Net Loss of Rs 294 cr, Revenue at Rs 7260 cr vs Rs 7150 cr (YoY) (Positive)
*Bombay Burmah Trading Corp:* Net profit at Rs 250 cr vs Rs 122 cr, Revenue at Rs 4760 cr vs Rs 4500 cr (YoY) (Positive)
*Federal Mogul Goetze:* Net profit at Rs 38.2 cr vs Rs 32.1 cr, Revenue at Rs 460 cr vs Rs 440 cr (YoY) (Positive)
*RMC Switchgear:* Net profit at Rs 10.1 cr vs Rs 8.0 cr, Revenue at Rs 123.5 cr vs Rs 103 cr (YoY) (Positive)
*SH Kelkar:* Net profit at Rs 40 cr vs Rs 29 cr, Revenue at Rs 522 cr vs Rs 412 cr (YoY) (Positive)
*AVG Logistics:* Net profit at Rs 5.3 cr vs Rs 2.9 cr, Revenue at Rs 138 cr vs Rs 117 cr (YoY) (Positive)
*Suraj Estate:* Net profit at Rs 31.8 cr vs Rs 17.0 cr, Revenue at Rs 110 cr vs Rs 100 cr (YoY) (Positive)
*Alicon:* Net profit at Rs 17 cr vs Rs 14.5 cr, Revenue at Rs 463 cr vs Rs 381 cr (YoY) (Positive)
*Northern Spirits:* Net profit at Rs 12 cr vs Rs 7 cr, Revenue at Rs 947 cr vs Rs 596 cr (YoY) (Positive)
*Shiv Texchem:* Net profit at Rs 21 cr vs Rs 11 cr, Revenue at Rs 1030 cr vs Rs 612 cr (YoY) (Positive)
*Delhivery:* Net profit at Rs 10.2 cr vs Net Loss of Rs 103 cr, Revenue at Rs 2190 cr vs Rs 1942 cr (YoY) (Positive)
*Sarda Energy:* Net profit at Rs 195 cr vs Rs 141 cr, Revenue at Rs 1160 cr vs Rs 1000 cr (YoY) (Positive)
TRADING GURU 33
11 Nov, 04:06
Morning Alert..
*FPIs withdrew around Rs 20,000 cr from equities in last 5 trading sessions*
The exodus of foreign investments from Indian equity markets continued unabated, with FPIs pulling out nearly Rs 20,000 crore in the last five trading sessions on higher valuations of domestic stocks and shifting their allocation to China. As a result, foreign portfolio investors (FPIs) have turned net sellers in the equity market, with total outflows reaching Rs 13,401 crore for 2024 so far. Going ahead, the FPI selling trend is likely to continue in the near term till data indicate the possibility of a trend reversal. If the Q3 results and leading indicators reflect a recovery in earnings, the scenario can change with FPIs reducing selling and even turning buyers. Investors will have to wait and watch for the data, VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. With the newly elected US president not assuming office until January 2025, the Indian market's near-term direction will be more influenced by domestic factors like the Maharashtra assembly election results, corporate earnings commentaries, and retail investor behaviour in response to the October and early November downturn, Sunil Damania, Chief Investment Officer, MojoPMS, said.
* Global market action*
Dow Jones – Up by 0.07% or 32.13 points
FTSE – Down by 0.85% or 68.35 points
CAC – Down by 1.18% or 86.93 points
DAX – Down by 0.77% or 147.04 points
Gift Nifty – Up by 0.01% or 3.00 points
*FII/DII activities*
FII – Sold 3404.04Cr worth of shares
DII – Bought 1748.44Cr worth of shares.
*Stocks with high delivery percentage*
Devyani International Ltd – 87.2%
Medplus Health Services Ltd – 87.1%
KSB Ltd – 86.6%
Shoppers Stop Ltd – 86.5%
Jindal Worldwide Ltd – 82.9%
*Commodities updates*
Gold – Rs 77265/10gm, Silver – Rs 91270/kg, Brcrude – Rs 5953/barrel, Copper – Rs 834.45/kg.
*Corporate News*
Punjab & Sind Bank seeks bids to sell Rs 403 cr bad loans in 9 accounts.
REC eyes another Rs 5,000 crore fundraise through zero-coupon bonds.
Taj Hotels' parent co IHC to add 120 properties to tap travel, wedding boom.
*FPIs withdrew around Rs 20,000 cr from equities in last 5 trading sessions*
The exodus of foreign investments from Indian equity markets continued unabated, with FPIs pulling out nearly Rs 20,000 crore in the last five trading sessions on higher valuations of domestic stocks and shifting their allocation to China. As a result, foreign portfolio investors (FPIs) have turned net sellers in the equity market, with total outflows reaching Rs 13,401 crore for 2024 so far. Going ahead, the FPI selling trend is likely to continue in the near term till data indicate the possibility of a trend reversal. If the Q3 results and leading indicators reflect a recovery in earnings, the scenario can change with FPIs reducing selling and even turning buyers. Investors will have to wait and watch for the data, VK Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said. With the newly elected US president not assuming office until January 2025, the Indian market's near-term direction will be more influenced by domestic factors like the Maharashtra assembly election results, corporate earnings commentaries, and retail investor behaviour in response to the October and early November downturn, Sunil Damania, Chief Investment Officer, MojoPMS, said.
* Global market action*
Dow Jones – Up by 0.07% or 32.13 points
FTSE – Down by 0.85% or 68.35 points
CAC – Down by 1.18% or 86.93 points
DAX – Down by 0.77% or 147.04 points
Gift Nifty – Up by 0.01% or 3.00 points
*FII/DII activities*
FII – Sold 3404.04Cr worth of shares
DII – Bought 1748.44Cr worth of shares.
*Stocks with high delivery percentage*
Devyani International Ltd – 87.2%
Medplus Health Services Ltd – 87.1%
KSB Ltd – 86.6%
Shoppers Stop Ltd – 86.5%
Jindal Worldwide Ltd – 82.9%
*Commodities updates*
Gold – Rs 77265/10gm, Silver – Rs 91270/kg, Brcrude – Rs 5953/barrel, Copper – Rs 834.45/kg.
*Corporate News*
Punjab & Sind Bank seeks bids to sell Rs 403 cr bad loans in 9 accounts.
REC eyes another Rs 5,000 crore fundraise through zero-coupon bonds.
Taj Hotels' parent co IHC to add 120 properties to tap travel, wedding boom.
TRADING GURU 33
08 Nov, 06:41
Velocity Idea
BUY PAYTM
CMP 816
SL 750
TGT 950
(TIME FRAME 1- 3 MONTHS)
Estimated Profit 16%
Disclaimer - Investments in securities markets are subject to market risks. Please read all related documents carefully. To read complete disclaimer click on
https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
BUY PAYTM
CMP 816
SL 750
TGT 950
(TIME FRAME 1- 3 MONTHS)
Estimated Profit 16%
Disclaimer - Investments in securities markets are subject to market risks. Please read all related documents carefully. To read complete disclaimer click on
https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
TRADING GURU 33
08 Nov, 06:31
Short term Call
BUY TVSMOTOR 28 Nov 2024 PE 2450.00
CMP : 50.25
SL : 35
TGT : 73
BUY TVSMOTOR 28 Nov 2024 PE 2450.00
CMP : 50.25
SL : 35
TGT : 73
TRADING GURU 33
08 Nov, 03:19
*Global Equities Update*
Asian equities are trading in the green zone amid the hope of further measures from Chinese NPC while overnight rally has seen from commodities. U.S. stock index futures are in marginal green zone as a part of consolidation after a second day of record highs on Wall Street, as markets discounting outcome of US elections and Federal Reserve’s outlook.
*Global Equity Indices Update*
*Dow Future (US):* 43772, +42.0 points/ +0.10%
*Nasdaq Future (US):* 21125, +23.0 points/ +0.11%
*FTSE Future (UK):* 8199, +26.0 points/ +0.32%
*DAX Future (Germany):* 19507, +59.0 points/ +0.30%
*Taiex Future (Taiwan):* 23731, +206.0 points/ +0.88%
*Kospi (South Korea):* 2583, +18.0 points/ +0.72%
*Hang Seng Future (Hong Kong):* 21129, +67.0 points/ +0.31%
*Nikkei Index (Japan):* 39446, +52.0 points/ +0.13%
*Gift Nifty: (India)* 24290, -10.0 points/ -0.04% (Adjusted)
Asian equities are trading in the green zone amid the hope of further measures from Chinese NPC while overnight rally has seen from commodities. U.S. stock index futures are in marginal green zone as a part of consolidation after a second day of record highs on Wall Street, as markets discounting outcome of US elections and Federal Reserve’s outlook.
*Global Equity Indices Update*
*Dow Future (US):* 43772, +42.0 points/ +0.10%
*Nasdaq Future (US):* 21125, +23.0 points/ +0.11%
*FTSE Future (UK):* 8199, +26.0 points/ +0.32%
*DAX Future (Germany):* 19507, +59.0 points/ +0.30%
*Taiex Future (Taiwan):* 23731, +206.0 points/ +0.88%
*Kospi (South Korea):* 2583, +18.0 points/ +0.72%
*Hang Seng Future (Hong Kong):* 21129, +67.0 points/ +0.31%
*Nikkei Index (Japan):* 39446, +52.0 points/ +0.13%
*Gift Nifty: (India)* 24290, -10.0 points/ -0.04% (Adjusted)
TRADING GURU 33
07 Nov, 03:13
Morning Alert..
*Rupee hits new low; yet second best performer among Asian currencies*
The rupee fell 0.20 per cent on Wednesday to settle at a new low of 84.28 per dollar, marking the largest single-day decline since June 20 this year. However, it was the best-performing Asian currency after the Hong Kong dollar. The rupee had closed at 84.11 on Tuesday. The Thai baht and Japanese yen depreciated the most against the greenback with 1.92 per cent and 1.66 per cent depreciation, respectively. The local currency fell as Republican candidate Donald Trump won the 47th United States (US) presidential election decisively, defying expectations and securing a greater number of nationwide votes than Kamala Harris. Trump is seen as a proponent of a strong dollar and his stance is a factor in pushing US yields higher, driven by anticipated populist measures that could increase borrowing, inflation, and yield. Trump has pledged to implement a 10 per cent tariff on imports from all countries and impose a 60 per cent duty on Chinese goods.
*Global market action*
Dow Jones – Up by 0.18% or 79.08 points
FTSE – Down by 0.07% or 5.71 points
CAC – Down by 0.51% or 37.54 points
DAX – Down by 1.14% or 216.96 points
Gift Nifty – Down by 0.41% or 100.50 points
*FII/DII activities*
FII – Sold 4445.59Cr worth of shares
DII – Bought 4889.33Cr worth of shares.
*Stocks with high delivery percentage*
Medplus Health Services Ltd – 89.8%
Kama Holdings Ltd – 85.3%
APL Apollo Tubes Ltd – 82.3%
Route Mobiles Ltd – 82.1%
Shoppers Stop Ltd – 80.5%
*Primary market activities*
IPO opening today
Niva Bupa Health Insurance Company Ltd (Main board) – Issue size 2200Cr
*Commodities updates*
Gold – Rs 76735/10gm, Silver – Rs 90811/kg, Brcrude – Rs 6065/barrel, Copper – Rs 826.3/kg.
*Corporate News*
Tata Steel Q2 results: Net profit at Rs 833.45 crore due to lower expenses.
IFC to partner with Bajaj Finance to pump in $400 mn for climate finance.
Reliance Power clears debt of Rosa Power focusing on green energy growth.
*Rupee hits new low; yet second best performer among Asian currencies*
The rupee fell 0.20 per cent on Wednesday to settle at a new low of 84.28 per dollar, marking the largest single-day decline since June 20 this year. However, it was the best-performing Asian currency after the Hong Kong dollar. The rupee had closed at 84.11 on Tuesday. The Thai baht and Japanese yen depreciated the most against the greenback with 1.92 per cent and 1.66 per cent depreciation, respectively. The local currency fell as Republican candidate Donald Trump won the 47th United States (US) presidential election decisively, defying expectations and securing a greater number of nationwide votes than Kamala Harris. Trump is seen as a proponent of a strong dollar and his stance is a factor in pushing US yields higher, driven by anticipated populist measures that could increase borrowing, inflation, and yield. Trump has pledged to implement a 10 per cent tariff on imports from all countries and impose a 60 per cent duty on Chinese goods.
*Global market action*
Dow Jones – Up by 0.18% or 79.08 points
FTSE – Down by 0.07% or 5.71 points
CAC – Down by 0.51% or 37.54 points
DAX – Down by 1.14% or 216.96 points
Gift Nifty – Down by 0.41% or 100.50 points
*FII/DII activities*
FII – Sold 4445.59Cr worth of shares
DII – Bought 4889.33Cr worth of shares.
*Stocks with high delivery percentage*
Medplus Health Services Ltd – 89.8%
Kama Holdings Ltd – 85.3%
APL Apollo Tubes Ltd – 82.3%
Route Mobiles Ltd – 82.1%
Shoppers Stop Ltd – 80.5%
*Primary market activities*
IPO opening today
Niva Bupa Health Insurance Company Ltd (Main board) – Issue size 2200Cr
*Commodities updates*
Gold – Rs 76735/10gm, Silver – Rs 90811/kg, Brcrude – Rs 6065/barrel, Copper – Rs 826.3/kg.
*Corporate News*
Tata Steel Q2 results: Net profit at Rs 833.45 crore due to lower expenses.
IFC to partner with Bajaj Finance to pump in $400 mn for climate finance.
Reliance Power clears debt of Rosa Power focusing on green energy growth.
TRADING GURU 33
06 Nov, 05:09
Intraday Call
SELL NIFTY 07 Nov 2024 PE 24200.00
CMP : 82
SL : 150
TGT : 0.05
SELL NIFTY 07 Nov 2024 PE 24200.00
CMP : 82
SL : 150
TGT : 0.05
TRADING GURU 33
06 Nov, 04:37
NIFTY STRATEGY BEARISH POSITIONAL 7th NOV
BUY 2 LOT 24300 PE @ 107
SELL 6 LOT 24100 PE @ 41
BUY 4 LOT 24000 PE @ 24
MAX PROFIT - 8400
MAX LOSS -- 1600
MARGIN REQ : 75K
BUY 2 LOT 24300 PE @ 107
SELL 6 LOT 24100 PE @ 41
BUY 4 LOT 24000 PE @ 24
MAX PROFIT - 8400
MAX LOSS -- 1600
MARGIN REQ : 75K
TRADING GURU 33
06 Nov, 02:57
Morning Alert..
*India's shadow lenders retreat as bad loans increase amid crackdown*
Six years after the country’s shadow-banking sector blew up, pockets of stress are building again, prompting firms to start pulling back amid scrutiny from the Reserve Bank of India (RBI). Bajaj Finance, India’s largest non-banking financial company (NBFC), joined rivals including Shriram Finance, Mahindra & Mahindra Financial Services, and IIFL Finance that posted higher delinquencies on unsecured loans in their second quarter earnings reports. Most firms also set aside more capital for provisions and had lower profits than expected. The “Goldilocks” moment for lenders riding the wave of demand for loans from retail customers while maintaining clean balance sheets may have clouded. These firms are grappling with an increase in bad loans, margin compression and intense competition for deposits, according to bankers and analysts. RBI Governor Shaktikanta Das said last month that even though the overall sector remains healthy, there are outliers who pursue an “imprudent, growth-at-any-cost approach,” which is counter productive. A week later, the central bank stopped new loans at four shadow banks. NBFCs accounted for 15 per cent of assets in the financial system as of March 2023, according to the RBI. While these lenders boost profits through higher interest rates on loans, they’re more vulnerable to defaults when the economic cycle turns, according to Moody’s Ratings.
* Global market action*
Dow Jones – Up by 1.19% or 503.37 points
FTSE – Down by 0.15% or 11.85 points
CAC – Up by 0.48% or 35.44 points
DAX – Up by 0.56% or 108.42 points
Gift Nifty – Up by 0.19% or 45.50 points
*FII/DII activities*
FII – Sold 2569.41Cr worth of shares
DII – Sold 3030.96Cr worth of shares.
*Stocks with high delivery percentage*
Zydus Wellness Ltd – 95.5%
Route Mobile Ltd – 90.3%
Schaeffler Technologies Ltd – 82.4%
Endurance Technologies Ltd – 81.8%
Bayer CropScience Ltd – 80.5%
*Primary market activities*
IPOs opening today
Swiggy Ltd (Main board) – Issue size 11327.43Cr
ACME Solar Holdings Ltd (Main board) - Issue size 2900Cr
*Commodities updates*
Gold – Rs 78488/10gm, Silver – Rs 94627/kg, Brcrude – Rs 6050/barrel, Copper – Rs 859.70/kg.
*Corporate News*
L&T to acquire 21% stake in E2E Networks in two-part Rs 1,406 crore deal.
Manappuram Finance Q2 results: PAT up 2% at Rs 571 cr on gold loan boost.
Titan Q2FY25 results: Net profit down 23% due to cut in customs duty.
*India's shadow lenders retreat as bad loans increase amid crackdown*
Six years after the country’s shadow-banking sector blew up, pockets of stress are building again, prompting firms to start pulling back amid scrutiny from the Reserve Bank of India (RBI). Bajaj Finance, India’s largest non-banking financial company (NBFC), joined rivals including Shriram Finance, Mahindra & Mahindra Financial Services, and IIFL Finance that posted higher delinquencies on unsecured loans in their second quarter earnings reports. Most firms also set aside more capital for provisions and had lower profits than expected. The “Goldilocks” moment for lenders riding the wave of demand for loans from retail customers while maintaining clean balance sheets may have clouded. These firms are grappling with an increase in bad loans, margin compression and intense competition for deposits, according to bankers and analysts. RBI Governor Shaktikanta Das said last month that even though the overall sector remains healthy, there are outliers who pursue an “imprudent, growth-at-any-cost approach,” which is counter productive. A week later, the central bank stopped new loans at four shadow banks. NBFCs accounted for 15 per cent of assets in the financial system as of March 2023, according to the RBI. While these lenders boost profits through higher interest rates on loans, they’re more vulnerable to defaults when the economic cycle turns, according to Moody’s Ratings.
* Global market action*
Dow Jones – Up by 1.19% or 503.37 points
FTSE – Down by 0.15% or 11.85 points
CAC – Up by 0.48% or 35.44 points
DAX – Up by 0.56% or 108.42 points
Gift Nifty – Up by 0.19% or 45.50 points
*FII/DII activities*
FII – Sold 2569.41Cr worth of shares
DII – Sold 3030.96Cr worth of shares.
*Stocks with high delivery percentage*
Zydus Wellness Ltd – 95.5%
Route Mobile Ltd – 90.3%
Schaeffler Technologies Ltd – 82.4%
Endurance Technologies Ltd – 81.8%
Bayer CropScience Ltd – 80.5%
*Primary market activities*
IPOs opening today
Swiggy Ltd (Main board) – Issue size 11327.43Cr
ACME Solar Holdings Ltd (Main board) - Issue size 2900Cr
*Commodities updates*
Gold – Rs 78488/10gm, Silver – Rs 94627/kg, Brcrude – Rs 6050/barrel, Copper – Rs 859.70/kg.
*Corporate News*
L&T to acquire 21% stake in E2E Networks in two-part Rs 1,406 crore deal.
Manappuram Finance Q2 results: PAT up 2% at Rs 571 cr on gold loan boost.
Titan Q2FY25 results: Net profit down 23% due to cut in customs duty.
TRADING GURU 33
31 Oct, 07:20
MO Investment Ideas
BUY LT
CMP 3589
TGT 4300
Disclaimer - Investments in securities markets are subject to market risks. Please read all related documents carefully. To read complete disclaimer click on
https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
BUY LT
CMP 3589
TGT 4300
Disclaimer - Investments in securities markets are subject to market risks. Please read all related documents carefully. To read complete disclaimer click on
https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
TRADING GURU 33
31 Oct, 03:45
3️⃣Things That Will Decide The Market Today 📈
🔴 GIFT NIFTY opened 33 points lower at 24,272 signalling that the Indian stock market is headed for a negative start today.
🔴 U.S. stock indexes fell on Wednesday, led by declines in chip stocks as investors awaited key earnings reports. Microsoft and Meta reported better-than-expected quarterly revenues after the bell. Alphabet shares rose 2.8% after surpassing third-quarter revenue and profit estimates on Tuesday.
🔴 The volatility index - India VIX advanced by 6.85% to the levels of 15.51 indicating volatility in the market.
Fundamental and Technical Picks
Fundamental Picks (for more than a year)
1) Zomato - Target - 330 (33%)
2) Kalyan Jewellers - Target - 850 (26%)
3) REC Ltd - Target - 630 (18%)
4) ICICI Bank - Target - 1500 (14%)
5) Indian Hotels - Target- 770 (13%)
Technical Pick (for 2-3 days)
Balrampur Chini
Previous Close - 659
Target - 710
Potential Upside - 8%
🔴 GIFT NIFTY opened 33 points lower at 24,272 signalling that the Indian stock market is headed for a negative start today.
🔴 U.S. stock indexes fell on Wednesday, led by declines in chip stocks as investors awaited key earnings reports. Microsoft and Meta reported better-than-expected quarterly revenues after the bell. Alphabet shares rose 2.8% after surpassing third-quarter revenue and profit estimates on Tuesday.
🔴 The volatility index - India VIX advanced by 6.85% to the levels of 15.51 indicating volatility in the market.
Fundamental and Technical Picks
Fundamental Picks (for more than a year)
1) Zomato - Target - 330 (33%)
2) Kalyan Jewellers - Target - 850 (26%)
3) REC Ltd - Target - 630 (18%)
4) ICICI Bank - Target - 1500 (14%)
5) Indian Hotels - Target- 770 (13%)
Technical Pick (for 2-3 days)
Balrampur Chini
Previous Close - 659
Target - 710
Potential Upside - 8%
TRADING GURU 33
30 Oct, 07:23
Conviction Delivery Idea
BUY GILLETTE
CMP 9770
SL 9488
TGT 10334
Estimated Profit 6%
Disclaimer- https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
BUY GILLETTE
CMP 9770
SL 9488
TGT 10334
Estimated Profit 6%
Disclaimer- https://ftp.motilaloswal.com/emailer/Marketdiary/Disclaimer/Disclaimer.pdf
TRADING GURU 33
30 Oct, 05:56
Short term Call
BUY INDIGO 28 Nov 2024 CE 4100.00
CMP : 146
SL : 129
TGT : 170
BUY INDIGO 28 Nov 2024 CE 4100.00
CMP : 146
SL : 129
TGT : 170
TRADING GURU 33
30 Oct, 05:39
Morning Alert..
*Growing strong: 60% gold reserves held domestically, shows RBI data*
Gold reserves held domestically have increased to 60 per cent of the total holding as of September 30 as against 50 per cent at the end of March, the latest data released by the Reserve Bank of India (RBI) shows. The RBI’s “Half Yearly Report on Management of Foreign Exchange Reserves” says gold held domestically rose more than 100 tonnes between April and September to 510.46 metric tonnes against 408 metric tonnes at the end of March. As of September 30, the RBI held 854.73 tonnes of gold against 822.10 tonnes at the end of the previous financial year. Of this, 324.01 tonnes was kept in custody with the Bank of England and the Bank for International Settlements (BIS), and 20.26 tonnes was held as gold deposits. In the last five years, RBI gold reserves increased from 618 tonnes to 854 tonnes. In value terms, the proportion of gold in foreign-exchange reserves rose from 8.15 per cent in March this year to approximately 9.32 per cent in September, the report said.
* Global market action*
Dow Jones – Up by 0.13% or 53.86 points
FTSE – Down by 0.80% or 66.01 points
CAC – Down by 0.61% or 45.83 points
DAX – Down by 0.27% or 53.55 points
Gift Nifty – Down by 0.05% or 12.00 points
*FII/DII activities*
FII – Sold 548.69Cr worth of shares
DII – Bought 730.13Cr worth of shares.
*Stocks with high delivery percentage*
Mahindra Lifespace Developers Ltd – 89.3%
Happiest Minds Technologies Ltd – 84%
Supreme Industries Ltd – 81%
Fortis Healthcare Ltd – 80.5%
TOB Tek Ltd – 79.5%
*Primary market activities*
Listing today
Godavari Biorefineries Ltd (Main board) – Subscribed 1.87x
*Commodities updates*
Gold – Rs 79268/10gm, Silver – Rs 98763/kg, Brcrude – Rs 5674/barrel, Copper – Rs 800.50/kg.
*Corporate News*
TCS signs 15-year deal with Irish govt to manage pensions of 800K workers.
Adani Enterprises Q2FY25 results: Profit zooms 664% to Rs 1,742 cr.
Jio Financial Services launches SmartGold for digital gold purchase.
*Growing strong: 60% gold reserves held domestically, shows RBI data*
Gold reserves held domestically have increased to 60 per cent of the total holding as of September 30 as against 50 per cent at the end of March, the latest data released by the Reserve Bank of India (RBI) shows. The RBI’s “Half Yearly Report on Management of Foreign Exchange Reserves” says gold held domestically rose more than 100 tonnes between April and September to 510.46 metric tonnes against 408 metric tonnes at the end of March. As of September 30, the RBI held 854.73 tonnes of gold against 822.10 tonnes at the end of the previous financial year. Of this, 324.01 tonnes was kept in custody with the Bank of England and the Bank for International Settlements (BIS), and 20.26 tonnes was held as gold deposits. In the last five years, RBI gold reserves increased from 618 tonnes to 854 tonnes. In value terms, the proportion of gold in foreign-exchange reserves rose from 8.15 per cent in March this year to approximately 9.32 per cent in September, the report said.
* Global market action*
Dow Jones – Up by 0.13% or 53.86 points
FTSE – Down by 0.80% or 66.01 points
CAC – Down by 0.61% or 45.83 points
DAX – Down by 0.27% or 53.55 points
Gift Nifty – Down by 0.05% or 12.00 points
*FII/DII activities*
FII – Sold 548.69Cr worth of shares
DII – Bought 730.13Cr worth of shares.
*Stocks with high delivery percentage*
Mahindra Lifespace Developers Ltd – 89.3%
Happiest Minds Technologies Ltd – 84%
Supreme Industries Ltd – 81%
Fortis Healthcare Ltd – 80.5%
TOB Tek Ltd – 79.5%
*Primary market activities*
Listing today
Godavari Biorefineries Ltd (Main board) – Subscribed 1.87x
*Commodities updates*
Gold – Rs 79268/10gm, Silver – Rs 98763/kg, Brcrude – Rs 5674/barrel, Copper – Rs 800.50/kg.
*Corporate News*
TCS signs 15-year deal with Irish govt to manage pensions of 800K workers.
Adani Enterprises Q2FY25 results: Profit zooms 664% to Rs 1,742 cr.
Jio Financial Services launches SmartGold for digital gold purchase.
TRADING GURU 33
29 Oct, 08:47
Conviction Delivery Idea
BUY RECLTD
CMP 533
SL 510
TGT 577
Estimated Profit 8%
Disclaimer - Investments in securities markets are subject to market risks. Please read all related documents carefull
BUY RECLTD
CMP 533
SL 510
TGT 577
Estimated Profit 8%
Disclaimer - Investments in securities markets are subject to market risks. Please read all related documents carefull
TRADING GURU 33
29 Oct, 03:27
*Indian Equities Pre Open Update*
Indian equities expected to open with flat note while major focus would be on global and domestic earnings.
*Global Peers Update:* Asian equities are trading with mixed note while Hang Seng is outperforming peers while Taiwan fell as Taiwan's economy shows signs of cooling slightly in September. U.S. stock index futures are trading sideways following a positive session on Wall Street, with focus turning squarely to a barrage of major earnings and economic readings this week.
*Sectors to Watch:* Selective Metals, Chemicals, Energy and Financial stocks likely to remain on focus during the day.
*GIFT NIFTY Price* 24373.0 *Adjusted Change:* +25.0 Points, Percent Change: +0.10%
*Technical Levels: Nifty Near Future*
*Support*: 24258.0/24172.0
*Resistance*: 24468.0/24514.0
*Technical Levels: Bank Nifty Near Future*
*Support*: 51185.0/50990.0
*Resistance*: 51442.0/51678.0
Indian equities expected to open with flat note while major focus would be on global and domestic earnings.
*Global Peers Update:* Asian equities are trading with mixed note while Hang Seng is outperforming peers while Taiwan fell as Taiwan's economy shows signs of cooling slightly in September. U.S. stock index futures are trading sideways following a positive session on Wall Street, with focus turning squarely to a barrage of major earnings and economic readings this week.
*Sectors to Watch:* Selective Metals, Chemicals, Energy and Financial stocks likely to remain on focus during the day.
*GIFT NIFTY Price* 24373.0 *Adjusted Change:* +25.0 Points, Percent Change: +0.10%
*Technical Levels: Nifty Near Future*
*Support*: 24258.0/24172.0
*Resistance*: 24468.0/24514.0
*Technical Levels: Bank Nifty Near Future*
*Support*: 51185.0/50990.0
*Resistance*: 51442.0/51678.0
TRADING GURU 33
28 Oct, 03:41
Wealth Banao India
*Global Equities Update*
Asian equities are trading with mixed note as Japanese benchmark Nikkei jumped as Yen weakens on election doldrums while Chinese markets opened in marginal red zone. Dollar edges higher on back of weak Yen while Treasury yields also inched up. U.S. indices futures are trading in green zone as Israel avoided striking Iran’s nuclear and oil facilities in a weekend attack, pointing to a less severe escalation in Middle Eastern tensions.
*Global Equity Indices Update*
*Dow Future (US):* 42295, +181.0 points/ +0.43%
*Nasdaq Future (US):* 20483, +129.0 points/ +0.64%
*FTSE Future (UK):* 8278, +1.0 points/ +0.01%
*DAX Future (Germany):* 19597, +48.0 points/ +0.25%
*Taiex Future (Taiwan):* 23415, -61.0 points/ -0.26%
*Kospi (South Korea):* 2599, +16.0 points/ +0.61%
*Hang Seng Future (Hong Kong):* 20444, -166.0 points/ -0.80%
*Nikkei Index (Japan):* 38672, +647.0 points/ +1.71%
*Gift Nifty: (India)* 24211, +18.0 points/ +0.07% (Adjusted)
*Indian Equities Pre Open Update*
Indian equities expected to open with flat note while consolidation expected to be seen with focus on Q2 earnings.
*Global Peers Update:* Asian equities are trading with mixed note as Japanese benchmark Nikkei jumped as Yen weakens on election doldrums while Chinese markets opened in marginal red zone. U.S. indices futures are trading in green zone as Israel avoided striking Iran’s nuclear and oil facilities in a weekend attack, pointing to a less severe escalation in Middle Eastern tensions.
*Sectors to Watch:* Healthcare, Construction, Energy and Financial stocks likely to remain on focus during the day.
*GIFT NIFTY Price* 24211.0 *Adjusted Change:* +18.0 Points, Percent Change: +0.07%
*Technical Levels: Nifty Near Future*
*Support*: 24102.0/24060.0
*Resistance*: 24286.0/24400.0
*Technical Levels: Bank Nifty Near Future*
*Support*: 50696.0/50512.0
*Resistance*: 51185.0/51399.0
*Fund Houses Recommendations*
Jefferies on *ICICI Bank:* Maintain Buy on Bank, raise target price at Rs 1550/Sh from Rs 1460/Sh (Positive)
Investec on *ICICI Bank:* Maintain Buy on Bank, raise target price at Rs 1450/Sh from Rs 1350/Sh (Positive)
MOSL on *ICICI Bank:* Maintain Buy on Bank, raise target price at Rs 1500/Sh from Rs 1400/Sh (Positive)
Nomura on *ICICI Bank:* Maintain Buy on Bank, raise target price at Rs 1575/Sh from Rs 1420/Sh (Positive)
Macquarie on *ICICI Bank:* Maintain Buy on Bank, raise target price at Rs 1350/Sh from Rs 1300/Sh (Positive)
Citi on *ICICI Bank:* Maintain Buy on Bank, raise target price at Rs 1600/Sh from Rs 1547/Sh (Positive)
IIFL on *ICICI Bank:* Upgrade to Buy on Bank, raise target price at Rs 1480/Sh from Rs 1370/Sh (Positive)
CLSA on *Bandhan Bank:* Maintain Outperform on Bank, target price at Rs 240/Sh (Positive)
Nomura on *Bandhan Bank:* Upgrade to Neutral on Bank, raise target price at Rs 180/Sh (Positive)
HSBC on *Shriram Fin:* Maintain Buy on Company, raise target price at Rs 3275/Sh (Positive)
Nomura on *Shriram Fin:* Maintain Buy on Company, raise target price at Rs 3800/Sh (Positive)
Jefferies on *Indigo:* Maintains Buy on Company, cut target price at Rs 5100/Sh (Neutral)
Kotak on *Indigo:* Maintains Buy on Company, cut target price at Rs 5200/Sh (Neutral)
HSBC on *Bank Baroda:* Maintains Hold on Bank, target price at Rs 270/Sh (Neutral)
Investec on *Bank Baroda:* Maintains Hold on Bank, cut target price at Rs 260/Sh (Neutral)
IIFL on *Bank Baroda:* Maintains Buy on Bank, cut target price at Rs 300/Sh (Neutral)
Nomura on *Bank Baroda:* Maintains Buy on Bank, raise target price at Rs 290/Sh (Neutral)
HSBC on *OLA Elec:* Maintains Buy on Company, cut target price at Rs 110/Sh (Neutral)
UBS on *HPCL:* Maintains Buy on Company, target price at Rs 445/Sh (Neutral)
MS on *JSW Steel:* Maintains Overweight on Company, target price at Rs 1150/Sh (Neutral)
Jefferies on *Coal Ind:* Maintains Buy on Company, cut target price at Rs 570/Sh (Neutral)
*Global Equities Update*
Asian equities are trading with mixed note as Japanese benchmark Nikkei jumped as Yen weakens on election doldrums while Chinese markets opened in marginal red zone. Dollar edges higher on back of weak Yen while Treasury yields also inched up. U.S. indices futures are trading in green zone as Israel avoided striking Iran’s nuclear and oil facilities in a weekend attack, pointing to a less severe escalation in Middle Eastern tensions.
*Global Equity Indices Update*
*Dow Future (US):* 42295, +181.0 points/ +0.43%
*Nasdaq Future (US):* 20483, +129.0 points/ +0.64%
*FTSE Future (UK):* 8278, +1.0 points/ +0.01%
*DAX Future (Germany):* 19597, +48.0 points/ +0.25%
*Taiex Future (Taiwan):* 23415, -61.0 points/ -0.26%
*Kospi (South Korea):* 2599, +16.0 points/ +0.61%
*Hang Seng Future (Hong Kong):* 20444, -166.0 points/ -0.80%
*Nikkei Index (Japan):* 38672, +647.0 points/ +1.71%
*Gift Nifty: (India)* 24211, +18.0 points/ +0.07% (Adjusted)
*Indian Equities Pre Open Update*
Indian equities expected to open with flat note while consolidation expected to be seen with focus on Q2 earnings.
*Global Peers Update:* Asian equities are trading with mixed note as Japanese benchmark Nikkei jumped as Yen weakens on election doldrums while Chinese markets opened in marginal red zone. U.S. indices futures are trading in green zone as Israel avoided striking Iran’s nuclear and oil facilities in a weekend attack, pointing to a less severe escalation in Middle Eastern tensions.
*Sectors to Watch:* Healthcare, Construction, Energy and Financial stocks likely to remain on focus during the day.
*GIFT NIFTY Price* 24211.0 *Adjusted Change:* +18.0 Points, Percent Change: +0.07%
*Technical Levels: Nifty Near Future*
*Support*: 24102.0/24060.0
*Resistance*: 24286.0/24400.0
*Technical Levels: Bank Nifty Near Future*
*Support*: 50696.0/50512.0
*Resistance*: 51185.0/51399.0
*Fund Houses Recommendations*
Jefferies on *ICICI Bank:* Maintain Buy on Bank, raise target price at Rs 1550/Sh from Rs 1460/Sh (Positive)
Investec on *ICICI Bank:* Maintain Buy on Bank, raise target price at Rs 1450/Sh from Rs 1350/Sh (Positive)
MOSL on *ICICI Bank:* Maintain Buy on Bank, raise target price at Rs 1500/Sh from Rs 1400/Sh (Positive)
Nomura on *ICICI Bank:* Maintain Buy on Bank, raise target price at Rs 1575/Sh from Rs 1420/Sh (Positive)
Macquarie on *ICICI Bank:* Maintain Buy on Bank, raise target price at Rs 1350/Sh from Rs 1300/Sh (Positive)
Citi on *ICICI Bank:* Maintain Buy on Bank, raise target price at Rs 1600/Sh from Rs 1547/Sh (Positive)
IIFL on *ICICI Bank:* Upgrade to Buy on Bank, raise target price at Rs 1480/Sh from Rs 1370/Sh (Positive)
CLSA on *Bandhan Bank:* Maintain Outperform on Bank, target price at Rs 240/Sh (Positive)
Nomura on *Bandhan Bank:* Upgrade to Neutral on Bank, raise target price at Rs 180/Sh (Positive)
HSBC on *Shriram Fin:* Maintain Buy on Company, raise target price at Rs 3275/Sh (Positive)
Nomura on *Shriram Fin:* Maintain Buy on Company, raise target price at Rs 3800/Sh (Positive)
Jefferies on *Indigo:* Maintains Buy on Company, cut target price at Rs 5100/Sh (Neutral)
Kotak on *Indigo:* Maintains Buy on Company, cut target price at Rs 5200/Sh (Neutral)
HSBC on *Bank Baroda:* Maintains Hold on Bank, target price at Rs 270/Sh (Neutral)
Investec on *Bank Baroda:* Maintains Hold on Bank, cut target price at Rs 260/Sh (Neutral)
IIFL on *Bank Baroda:* Maintains Buy on Bank, cut target price at Rs 300/Sh (Neutral)
Nomura on *Bank Baroda:* Maintains Buy on Bank, raise target price at Rs 290/Sh (Neutral)
HSBC on *OLA Elec:* Maintains Buy on Company, cut target price at Rs 110/Sh (Neutral)
UBS on *HPCL:* Maintains Buy on Company, target price at Rs 445/Sh (Neutral)
MS on *JSW Steel:* Maintains Overweight on Company, target price at Rs 1150/Sh (Neutral)
Jefferies on *Coal Ind:* Maintains Buy on Company, cut target price at Rs 570/Sh (Neutral)
TRADING GURU 33
25 Oct, 05:06
Intraday Call
SELL NIFTY 31 Oct 2024 PE 24200.00
CMP : 150
SL : 250
TGT : 50
SELL NIFTY 31 Oct 2024 PE 24200.00
CMP : 150
SL : 250
TGT : 50
TRADING GURU 33
25 Oct, 03:25
Market Outlook
🔸Sensex and Nifty 50 are likely to open flat to positive, as trend in GIFT Nifty suggest a flat start for the broader index.
🔸Asian markets were trading firm.
🔸US markets edged higher in choppy trading on Thursday, snapping three straight sessions of losses.
- Dow Jones Industrial Average: -0.33% to 42,374.36
- S&P 500: +0.21% to 5,809.86
- Nasdaq Composite: +0.76% to 18,415.49
Market Yesterday
🔸Indian benchmark indices remained muted throughout the session to end flat on October 24.
- Sensex: -16.82 points (-0.02%) to 80,065.16
- Nifty: -36.10 points (-0.15%) to 24,399.40
🩷 & 🔄 for better reach!
Disclaimer: bit.ly/full-disclaimer
🔸Sensex and Nifty 50 are likely to open flat to positive, as trend in GIFT Nifty suggest a flat start for the broader index.
🔸Asian markets were trading firm.
🔸US markets edged higher in choppy trading on Thursday, snapping three straight sessions of losses.
- Dow Jones Industrial Average: -0.33% to 42,374.36
- S&P 500: +0.21% to 5,809.86
- Nasdaq Composite: +0.76% to 18,415.49
Market Yesterday
🔸Indian benchmark indices remained muted throughout the session to end flat on October 24.
- Sensex: -16.82 points (-0.02%) to 80,065.16
- Nifty: -36.10 points (-0.15%) to 24,399.40
🩷 & 🔄 for better reach!
Disclaimer: bit.ly/full-disclaimer
TRADING GURU 33
24 Oct, 07:21
SAME TRADE IN CHANNEL SAME TRADE IN DEMATE WITH PROFIT
FOR ACCOUNT HANDLING :—
@Sureshotprofit123
FOR ACCOUNT HANDLING :—
@Sureshotprofit123
TRADING GURU 33
21 Oct, 05:53
SAME TRADE IN CHANNEL SAME TRADE IN DEMATE WITH PROFIT
FOR ACCOUNT HANDLING :—
@Sureshotprofit123
FOR ACCOUNT HANDLING :—
@Sureshotprofit123
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