Govt will launch Phase IV of PM Gram Sadak Yojana in 25 rural habitations, which have become eligible due to population increase.
What is bad for the market?
LTCG from 10% to 12.5%
STCG from 15% to 20%
STT on F&O is proposed to increase to 0.02% & 0.1%
LTCG from 10% to 12.5%
STCG from 15% to 20%
STT on F&O is proposed to increase to 0.02% & 0.1%
📊 ITC, HUL, Other FMCG Stocks Surge As Sector Finds Itself Among Winners Of Budget 2024 📊
📮 Shares of FMCG stocks ITC, Hindustan Unilever and Godrej Consumer were up in the black on Tuesday, as Finance Minister Nirmala Sitharaman announced a slew of measures to boost rural consumption in the Budget speech.
📮 Nirmala Sitharaman allocated ₹1.52 lakh crore for agriculture and allied sectors. The government will also allocate ₹3 lakh crore for schemes benefitting women and children.
📮 Shares of FMCG stocks ITC, Hindustan Unilever and Godrej Consumer were up in the black on Tuesday, as Finance Minister Nirmala Sitharaman announced a slew of measures to boost rural consumption in the Budget speech.
📮 Nirmala Sitharaman allocated ₹1.52 lakh crore for agriculture and allied sectors. The government will also allocate ₹3 lakh crore for schemes benefitting women and children.
📊 Stocks Poised to Benefit from BSNL's Growth 📊
📮 The Indian telecom market operates as an oligopoly, with a few major players offering similar services and affecting pricing.
📮 When one company lowers its prices, the others typically follow suit, but the reverse is not always true. We saw an instance of this when Reliance Jio entered the market, prompting a price decrease across the board.
1️⃣ Tejas Networks
2️⃣ HFCL
3️⃣ Tata Consultancy Services
4️⃣ MTNL
📮 The Indian telecom market operates as an oligopoly, with a few major players offering similar services and affecting pricing.
📮 When one company lowers its prices, the others typically follow suit, but the reverse is not always true. We saw an instance of this when Reliance Jio entered the market, prompting a price decrease across the board.
1️⃣ Tejas Networks
2️⃣ HFCL
3️⃣ Tata Consultancy Services
4️⃣ MTNL
📊 Foreign investors take out ₹10,000 crore from Indian stock market after Budget 📊
📮 Foreign portfolio investors (FPIs) have pulled out almost ₹10,710 crore from the Indian stock market in three days since the Union Budget after the government raised taxes on derivatives trades and on capital gains from equity investments. As per stock exchange data, FPIs sold equities worth ₹2,975 crore on July 23, another ₹5,130 crore on July 24 and ₹2,605 crore on July 25. During the same time, domestic institutional investors bought stocks worth around ₹6,900 crore since July 23.
📮 Foreign portfolio investors (FPIs) have pulled out almost ₹10,710 crore from the Indian stock market in three days since the Union Budget after the government raised taxes on derivatives trades and on capital gains from equity investments. As per stock exchange data, FPIs sold equities worth ₹2,975 crore on July 23, another ₹5,130 crore on July 24 and ₹2,605 crore on July 25. During the same time, domestic institutional investors bought stocks worth around ₹6,900 crore since July 23.
🚨Cash is critical for a company
🏮Where does cash come from?
📮 Sales received by the business but only when accounts receivable are collected
📮 Taking loans
📮 Selling bonds, equity/shares, assets, investments Etc.
🏮How is cash is used?
📮 Repaying debts
📮 Expansion (CAPEX)
📮 Investing in new assets
📮 Paying dividends or Buyback share etc.
🏮Where does cash come from?
📮 Sales received by the business but only when accounts receivable are collected
📮 Taking loans
📮 Selling bonds, equity/shares, assets, investments Etc.
🏮How is cash is used?
📮 Repaying debts
📮 Expansion (CAPEX)
📮 Investing in new assets
📮 Paying dividends or Buyback share etc.
🚨Why Basic Finance (tax, investment, inflation etc.) Isn't Taught in Schools ?
📮 If pharmaceutical companies cured you, they'd go bankrupt.
📮 If banks helped you get out of debt, they'd collapse.
📮 If politicians actually solved all your problems, nobody would elect them again.
📮 Similarly, if kids figured out finance early, they would be rich by their 20s.
📮 If pharmaceutical companies cured you, they'd go bankrupt.
📮 If banks helped you get out of debt, they'd collapse.
📮 If politicians actually solved all your problems, nobody would elect them again.
📮 Similarly, if kids figured out finance early, they would be rich by their 20s.
📊 Top 4 Power Transmission Stocks to Add to Your Watchlist 📊
📮 With the government setting ambitious targets to meet the increasing demand for electricity and support the nation's economic growth, this sector stands at a crucial crossroads.
📮 Additionally, India's power industry is positioned to become a significant exporter of electricity, with existing connections to the grids of Bangladesh, Bhutan, and Nepal, as well as plans to expand these connections to other neighbouring nations.
1️⃣ Siemens
2️⃣ CG Power
3️⃣ KEC International
4️⃣ Voltamp Transformers
📮 With the government setting ambitious targets to meet the increasing demand for electricity and support the nation's economic growth, this sector stands at a crucial crossroads.
📮 Additionally, India's power industry is positioned to become a significant exporter of electricity, with existing connections to the grids of Bangladesh, Bhutan, and Nepal, as well as plans to expand these connections to other neighbouring nations.
1️⃣ Siemens
2️⃣ CG Power
3️⃣ KEC International
4️⃣ Voltamp Transformers
📊 Ultratech Cement Acquires 32% Stake In India Cements For ₹3,954 Cr, Ups Stake To 55% 📊
📮 The purchase has taken the total stake of Ultratech in India Cements to 55.49% as the company had picked up 22.77% stake in India Cements in June. The promoters of India Cements approached Ultratech after the financial transaction in June to sell their holding in the company, Ultratech said in a regulatory filing said.
📮 The acquisition will trigger an open offer which will be completed in the next six months.
📮 The purchase has taken the total stake of Ultratech in India Cements to 55.49% as the company had picked up 22.77% stake in India Cements in June. The promoters of India Cements approached Ultratech after the financial transaction in June to sell their holding in the company, Ultratech said in a regulatory filing said.
📮 The acquisition will trigger an open offer which will be completed in the next six months.
📊 Paytm Unveils India's First NFC Card Soundbox, Shares Jump 📊
📮 The Paytm NFC Card Soundbox is a dual-purpose mobile QR payment device that also functions as a card payment machine. The device aims to democratise access to secure NFC card-reading technology for small businesses, offering them an affordable solution for accepting a wide range of payments, including credit or debit cards and UPI. Customers can simply tap their card or scan a QR code to make payments.
📮 The Paytm NFC Card Soundbox is a dual-purpose mobile QR payment device that also functions as a card payment machine. The device aims to democratise access to secure NFC card-reading technology for small businesses, offering them an affordable solution for accepting a wide range of payments, including credit or debit cards and UPI. Customers can simply tap their card or scan a QR code to make payments.
📊 L&T Technology's Inks Partnership To Bring AI Simulation Tech To Railways Market 📊
📮 L&T Technology Services Limited and PS Technology have forged a strategic alliance to introduce advanced simulation technology to India’s railways market and surrounding regions.
📮 The companies signed an agreement to concentrate on the design, development, and supply of advanced AI-based simulation technologies intended to improve the operational efficiency and safety of rail infrastructure in India and abroad.
📮 L&T Technology Services Limited and PS Technology have forged a strategic alliance to introduce advanced simulation technology to India’s railways market and surrounding regions.
📮 The companies signed an agreement to concentrate on the design, development, and supply of advanced AI-based simulation technologies intended to improve the operational efficiency and safety of rail infrastructure in India and abroad.
📊 Adani Energy Solutions Eyes $1B Fundraise with Upcoming QIP 📊
📮 Adani Energy is preparing to launch its QIP following a month of roadshows, during which interest was expressed by US-based funds GQG Partners and Qatar Investment Authority and domestic mutual funds, the report added, citing people familiar with the matter.
📮 It is likely to launch the QIP later this week or early next week to raise about $700 million-800 million, with the possibility of increasing it to $1 billion if demand warrants.
📮 Adani Energy is preparing to launch its QIP following a month of roadshows, during which interest was expressed by US-based funds GQG Partners and Qatar Investment Authority and domestic mutual funds, the report added, citing people familiar with the matter.
📮 It is likely to launch the QIP later this week or early next week to raise about $700 million-800 million, with the possibility of increasing it to $1 billion if demand warrants.
📊 SEBI proposes measures to curb speculative hyperactivity in derivatives market 📊
▪️Rationalization of strike price for options
▪️Upfront collection of options premium
▪️Removal of calendar spread benefit on expiry day
▪️Intraday monitoring of position limits
▪️Minimum contract size
▪️Rationalization of weekly index products
▪️Increase in margin near contract expiry
▪️Rationalization of strike price for options
▪️Upfront collection of options premium
▪️Removal of calendar spread benefit on expiry day
▪️Intraday monitoring of position limits
▪️Minimum contract size
▪️Rationalization of weekly index products
▪️Increase in margin near contract expiry
📊 Top 5 Indian Pharma Stocks Set to Shine in the Post-Biosecure Act Era 📊
📮 The US Biosecure Act, aimed at reducing reliance on Chinese pharmaceutical supply chains, has created a golden opportunity for Indian manufacturers.
📮 This geopolitical shift, coupled with India's strong foundation in pharmaceuticals, is set to supercharge the domestic industry.
1️⃣ Divis Laboratories
2️⃣ Laurus Labs
3️⃣ Syngene International
4️⃣ Suven Pharma
5️⃣ Piramal Pharma
📮 The US Biosecure Act, aimed at reducing reliance on Chinese pharmaceutical supply chains, has created a golden opportunity for Indian manufacturers.
📮 This geopolitical shift, coupled with India's strong foundation in pharmaceuticals, is set to supercharge the domestic industry.
1️⃣ Divis Laboratories
2️⃣ Laurus Labs
3️⃣ Syngene International
4️⃣ Suven Pharma
5️⃣ Piramal Pharma
📊 Tata Motors joins top ten global auto firms with $51 billion market cap 📊
📮 The stock has risen over 50 percent this year and over 101 percent in 2023, with a market cap of $51 billion, the highest among Indian auto companies.
📮 Globally, Tesla Inc leads with a market cap of $711.19 billion, followed by Toyota Motors with $307.50 billion and BYD Company with $92.65 billion. Ferrari NV ranks fourth at $74.02 billion market cap, followed by Mercedes-Benz Group ($71.26 billion), Porsche ($68.29 billion), BMW AG ($59.54 billion), Volkswagen AG ($58.18 billion), and Honda Motor Co ($56.12 billion).
📮 The stock has risen over 50 percent this year and over 101 percent in 2023, with a market cap of $51 billion, the highest among Indian auto companies.
📮 Globally, Tesla Inc leads with a market cap of $711.19 billion, followed by Toyota Motors with $307.50 billion and BYD Company with $92.65 billion. Ferrari NV ranks fourth at $74.02 billion market cap, followed by Mercedes-Benz Group ($71.26 billion), Porsche ($68.29 billion), BMW AG ($59.54 billion), Volkswagen AG ($58.18 billion), and Honda Motor Co ($56.12 billion).
📊 Larsen & Toubro Bags 'Significant' Order To Build Automobile Plant Near Bengaluru 📊
📮 The company made this announcement on Wednesday, July 31, 2024. The Buildings & Factories (B&F) business vertical of Larsen & Toubro is tasked with the project, which includes extensive design, execution of civil, structural, architectural, and MEPF services. The plant will be constructed in compliance with IGBC norms, as per the company’s press statement.
📮 Although the company did not reveal the name of the company for which the plant will be constructed, it did indicate that the order falls under the ‘significant’ category. According to
📮 The company made this announcement on Wednesday, July 31, 2024. The Buildings & Factories (B&F) business vertical of Larsen & Toubro is tasked with the project, which includes extensive design, execution of civil, structural, architectural, and MEPF services. The plant will be constructed in compliance with IGBC norms, as per the company’s press statement.
📮 Although the company did not reveal the name of the company for which the plant will be constructed, it did indicate that the order falls under the ‘significant’ category. According to
📊 Govt may raise STCG above 20% in future: Official 📊
📮 The government may consider further raising the short-term capital gain (STCG) tax rates in the coming years, a senior government official has said.
📮 The official said the gains from short-term trading, referred largely to shares or mutual fund units held for less than a year, should not be equated with investment and suggested that the current rate of 20 percent is reasonable but could go up.
📮 The government may consider further raising the short-term capital gain (STCG) tax rates in the coming years, a senior government official has said.
📮 The official said the gains from short-term trading, referred largely to shares or mutual fund units held for less than a year, should not be equated with investment and suggested that the current rate of 20 percent is reasonable but could go up.
📊 No plans to leverage EV policy for JLR, says Tata Motors CFO 📊
📮 A senior Tata Motors official stated that its British arm Jaguar Land Rover (JLR) has no plans to leverage India's new electric vehicle (EV) policy that offers import duty concessions to firms setting up manufacturing units in the country, as it is not suitable for the company.
📮 The Indian government, had come out with the EV Policy earlier this year to incentivise global giants such as Tesla to set up manufacturing units in the country. While announcing the policy, the government had stated that the new EV policy sought to promote India as a manufacturing destination for EVs and attract investment from reputed global manufacturers.
📮 A senior Tata Motors official stated that its British arm Jaguar Land Rover (JLR) has no plans to leverage India's new electric vehicle (EV) policy that offers import duty concessions to firms setting up manufacturing units in the country, as it is not suitable for the company.
📮 The Indian government, had come out with the EV Policy earlier this year to incentivise global giants such as Tesla to set up manufacturing units in the country. While announcing the policy, the government had stated that the new EV policy sought to promote India as a manufacturing destination for EVs and attract investment from reputed global manufacturers.
📊 Tata Motors' board approves proposal to demerge into two listed companies 📊
📮 The board of Tata Motors has approved the demerger of commercial vehicle business into TML Commercial Vehicles Limited, and announced that the passenger vehicles businesses including PV, EV, JLR and related investments in another entity, the company informed stock exchanges in a filing on August 1.
📮 The demerger would result in creation of two listed companies with mirror shareholding, one housing the CV business and the other amalgamated company housing the PC business, the company said.
📮 The board of Tata Motors has approved the demerger of commercial vehicle business into TML Commercial Vehicles Limited, and announced that the passenger vehicles businesses including PV, EV, JLR and related investments in another entity, the company informed stock exchanges in a filing on August 1.
📮 The demerger would result in creation of two listed companies with mirror shareholding, one housing the CV business and the other amalgamated company housing the PC business, the company said.
📊 ITC Q1 net profit rises marginally to Rs 4,917 crore 📊
📮 ITC Ltd on August 1 said its standalone net profit rose marginally in June quarter to Rs 4,917 crore from Rs 4,903 crore in the corresponding quarter previous year, missing Street expectations.
📮 The FMCG EBITDA margin grew 11.3 percent by 25 bps YoY and saw a sequential price uptick in certain commodities. As per the company, amidst muted demand, the FMCG businesses saw revenue growing 6.3 percent YoY to Rs 5,491 crore.
📮 ITC Ltd on August 1 said its standalone net profit rose marginally in June quarter to Rs 4,917 crore from Rs 4,903 crore in the corresponding quarter previous year, missing Street expectations.
📮 The FMCG EBITDA margin grew 11.3 percent by 25 bps YoY and saw a sequential price uptick in certain commodities. As per the company, amidst muted demand, the FMCG businesses saw revenue growing 6.3 percent YoY to Rs 5,491 crore.
🚨Why market is falling today ?
🏮There will be 100 reasons now and also 100 reasons in future for market to fall.
🏮Hold strong stocks and sit tight.
🏮But if you need to know why the market is falling today, here are the reasons:
📮 Geopolitical Tension: Concerns about Iran possibly entering the war.
📮 US Corporate Earnings: Worries that US companies may continue to post results below estimates.
📮 Global Market Sell-Off: Weak US economic data and high unemployment claims.
📮 Profit-Taking: Investors are booking profits as Sensex and Nifty are at record highs.
Stay strong, hold onto your strong stocks, and sit tight. I’ll keep you updated with any new developments!
🏮There will be 100 reasons now and also 100 reasons in future for market to fall.
🏮Hold strong stocks and sit tight.
🏮But if you need to know why the market is falling today, here are the reasons:
📮 Geopolitical Tension: Concerns about Iran possibly entering the war.
📮 US Corporate Earnings: Worries that US companies may continue to post results below estimates.
📮 Global Market Sell-Off: Weak US economic data and high unemployment claims.
📮 Profit-Taking: Investors are booking profits as Sensex and Nifty are at record highs.
Stay strong, hold onto your strong stocks, and sit tight. I’ll keep you updated with any new developments!