๐จWhy Basic Finance (tax, investment, inflation etc.) Isn't Taught in Schools ?
๐ฎ If pharmaceutical companies cured you, they'd go bankrupt.
๐ฎ If banks helped you get out of debt, they'd collapse.
๐ฎ If politicians actually solved all your problems, nobody would elect them again.
๐ฎ Similarly, if kids figured out finance early, they would be rich by their 20s.
๐ฎ If pharmaceutical companies cured you, they'd go bankrupt.
๐ฎ If banks helped you get out of debt, they'd collapse.
๐ฎ If politicians actually solved all your problems, nobody would elect them again.
๐ฎ Similarly, if kids figured out finance early, they would be rich by their 20s.
๐ Top 4 Power Transmission Stocks to Add to Your Watchlist ๐
๐ฎ 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.
๐ฎ 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.
1๏ธโฃ Siemens
2๏ธโฃ CG Power
3๏ธโฃ KEC International
4๏ธโฃ Voltamp Transformers
๐ฎ 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.
๐ฎ 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.
1๏ธโฃ Siemens
2๏ธโฃ CG Power
3๏ธโฃ KEC International
4๏ธโฃ Voltamp Transformers
๐ Ultratech Cement Acquires 32% Stake In India Cements For โน3,954 Cr, Ups Stake To 55% ๐
๐ฎ 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.
๐ฎ The acquisition will trigger an open offer which will be completed in the next six months.
๐ฎ 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.
๐ฎ The acquisition will trigger an open offer which will be completed in the next six months.
๐ Paytm Unveils India's First NFC Card Soundbox, Shares Jump ๐
๐ฎ 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.
๐ฎ 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.
๐ L&T Technology's Inks Partnership To Bring AI Simulation Tech To Railways Market ๐
๐ฎ L&T Technology Services Limited and PS Technology have forged a strategic alliance to introduce advanced simulation technology to Indiaโs railways market and surrounding regions.
๐ฎ 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.
๐ฎ L&T Technology Services Limited and PS Technology have forged a strategic alliance to introduce advanced simulation technology to Indiaโs railways market and surrounding regions.
๐ฎ 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.
๐ Adani Energy Solutions Eyes $1B Fundraise with Upcoming QIP ๐
๐ฎ 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.
๐ฎ 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.
๐ฎ 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.
๐ฎ 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.
๐ SEBI proposes measures to curb speculative hyperactivity in derivatives market ๐
โช๏ธRationalization of strike price for options
โช๏ธUpfront collection of options premium
โช๏ธRemoval of calendar spread benefit on expiry day
โช๏ธIntraday monitoring of position limits
โช๏ธMinimum contract size
โช๏ธRationalization of weekly index products
โช๏ธIncrease in margin near contract expiry
โช๏ธRationalization of strike price for options
โช๏ธUpfront collection of options premium
โช๏ธRemoval of calendar spread benefit on expiry day
โช๏ธIntraday monitoring of position limits
โช๏ธMinimum contract size
โช๏ธRationalization of weekly index products
โช๏ธIncrease in margin near contract expiry
๐ Top 5 Indian Pharma Stocks Set to Shine in the Post-Biosecure Act Era ๐
๐ฎ The US Biosecure Act, aimed at reducing reliance on Chinese pharmaceutical supply chains, has created a golden opportunity for Indian manufacturers.
๐ฎ This geopolitical shift, coupled with India's strong foundation in pharmaceuticals, is set to supercharge the domestic industry.
1๏ธโฃ Divis Laboratories
2๏ธโฃ Laurus Labs
3๏ธโฃ Syngene International
4๏ธโฃ Suven Pharma
5๏ธโฃ Piramal Pharma
๐ฎ The US Biosecure Act, aimed at reducing reliance on Chinese pharmaceutical supply chains, has created a golden opportunity for Indian manufacturers.
๐ฎ This geopolitical shift, coupled with India's strong foundation in pharmaceuticals, is set to supercharge the domestic industry.
1๏ธโฃ Divis Laboratories
2๏ธโฃ Laurus Labs
3๏ธโฃ Syngene International
4๏ธโฃ Suven Pharma
5๏ธโฃ Piramal Pharma
๐ Tata Motors joins top ten global auto firms with $51 billion market cap ๐
๐ฎ 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.
๐ฎ 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).
๐ฎ 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.
๐ฎ 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).
๐ Larsen & Toubro Bags 'Significant' Order To Build Automobile Plant Near Bengaluru ๐
๐ฎ 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 companyโs press statement.
๐ฎ 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 โsignificantโ category. According to
๐ฎ 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 companyโs press statement.
๐ฎ 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 โsignificantโ category. According to
๐ Govt may raise STCG above 20% in future: Official ๐
๐ฎ The government may consider further raising the short-term capital gain (STCG) tax rates in the coming years, a senior government official has said.
๐ฎ 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.
๐ฎ The government may consider further raising the short-term capital gain (STCG) tax rates in the coming years, a senior government official has said.
๐ฎ 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.
๐ No plans to leverage EV policy for JLR, says Tata Motors CFO ๐
๐ฎ 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.
๐ฎ 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.
๐ฎ 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.
๐ฎ 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.
๐ Tata Motors' board approves proposal to demerge into two listed companies ๐
๐ฎ 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.
๐ฎ 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.
๐ฎ 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.
๐ฎ 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.
๐ ITC Q1 net profit rises marginally to Rs 4,917 crore ๐
๐ฎ 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.
๐ฎ 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.
๐ฎ 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.
๐ฎ 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.
๐จWhy market is falling today ?
๐ฎThere will be 100 reasons now and also 100 reasons in future for market to fall.
๐ฎHold strong stocks and sit tight.
๐ฎBut if you need to know why the market is falling today, here are the reasons:
๐ฎ Geopolitical Tension: Concerns about Iran possibly entering the war.
๐ฎ US Corporate Earnings: Worries that US companies may continue to post results below estimates.
๐ฎ Global Market Sell-Off: Weak US economic data and high unemployment claims.
๐ฎ Profit-Taking: Investors are booking profits as Sensex and Nifty are at record highs.
Stay strong, hold onto your strong stocks, and sit tight. Iโll keep you updated with any new developments!
๐ฎThere will be 100 reasons now and also 100 reasons in future for market to fall.
๐ฎHold strong stocks and sit tight.
๐ฎBut if you need to know why the market is falling today, here are the reasons:
๐ฎ Geopolitical Tension: Concerns about Iran possibly entering the war.
๐ฎ US Corporate Earnings: Worries that US companies may continue to post results below estimates.
๐ฎ Global Market Sell-Off: Weak US economic data and high unemployment claims.
๐ฎ Profit-Taking: Investors are booking profits as Sensex and Nifty are at record highs.
Stay strong, hold onto your strong stocks, and sit tight. Iโll keep you updated with any new developments!
๐จHey everyone, today's market is down(had posted a caution post yesterday), but FMCG stocks like Britannia Industries and Marico are up.
Hereโs why:
๐ฎ Defensive Nature: FMCG stocks are stable even during downturns.
๐ฎ Positive Earnings: Good quarterly results can boost prices.
๐ฎ Sector Rotation: Investors shift to safer sectors during uncertainty.
๐ฎ Macroeconomic Factors: FMCG companies handle inflation and interest rate changes better.
๐ฎ Institutional Buying: Big investors see FMCG as a safe bet.
๐ฎ Market Sentiment: Non-cyclical nature keeps them strong.
Stay informed and invest wisely! ๐
Hereโs why:
๐ฎ Defensive Nature: FMCG stocks are stable even during downturns.
๐ฎ Positive Earnings: Good quarterly results can boost prices.
๐ฎ Sector Rotation: Investors shift to safer sectors during uncertainty.
๐ฎ Macroeconomic Factors: FMCG companies handle inflation and interest rate changes better.
๐ฎ Institutional Buying: Big investors see FMCG as a safe bet.
๐ฎ Market Sentiment: Non-cyclical nature keeps them strong.
Stay informed and invest wisely! ๐
Hi Everyone,
๐จToday was quite the ride in both the US and Indian markets.
๐ฎHere's what happened that cooled investor panic about a potential US recession:
๐ฎ ISM Non-Manufacturing PMI: The Institute for Supply Management reported that the PMI for the services sector increased to 51.4 in July from 48.8 in June. A reading above 50 indicates growth in the services sector, which makes up over two-thirds of the US economy.
๐ฎ Market Reaction: This positive news caused the VIX (volatility index) to drop from 55 to 32, easing fears of a recession.
I will keep you updated on the new developments.
๐จToday was quite the ride in both the US and Indian markets.
๐ฎHere's what happened that cooled investor panic about a potential US recession:
๐ฎ ISM Non-Manufacturing PMI: The Institute for Supply Management reported that the PMI for the services sector increased to 51.4 in July from 48.8 in June. A reading above 50 indicates growth in the services sector, which makes up over two-thirds of the US economy.
๐ฎ Market Reaction: This positive news caused the VIX (volatility index) to drop from 55 to 32, easing fears of a recession.
I will keep you updated on the new developments.
๐ Global Selloff Alert: 5 Fundamentally Strong Stocks to Watch Out for Big Gains ๐
๐ฎ While short-term volatility persists, these stocks, with their strong domestic focus and underlying growth fundamentals, could offer a relatively safe haven for investors seeking to capitalise on the market downturn.
1๏ธโฃ Varun Beverages
2๏ธโฃ Hindustan Unilever
3๏ธโฃ Mahindra and Mahindra
4๏ธโฃ Maruti Suzuki
5๏ธโฃ CAMS
๐ฎ While short-term volatility persists, these stocks, with their strong domestic focus and underlying growth fundamentals, could offer a relatively safe haven for investors seeking to capitalise on the market downturn.
1๏ธโฃ Varun Beverages
2๏ธโฃ Hindustan Unilever
3๏ธโฃ Mahindra and Mahindra
4๏ธโฃ Maruti Suzuki
5๏ธโฃ CAMS
๐จWhat is Volatility Index or VIX ?
๐ฎ The Volatility Index (VIX), often called the "fear gauge," measures market expectations of near-term volatility conveyed by S&P 500 stock index option prices.
๐ฎ When the VIX is high, it indicates that investors expect significant market volatility in the near future.
๐ฎ Conversely, a low VIX suggests that investors anticipate stable market conditions.
๐ฎ High VIX: Indicates fear and uncertainty in the market.
๐ฎ Low VIX: Suggests investor confidence and market stability.
In essence, the VIX provides insight into investor sentiment and potential market fluctuations.
๐ฎ The Volatility Index (VIX), often called the "fear gauge," measures market expectations of near-term volatility conveyed by S&P 500 stock index option prices.
๐ฎ When the VIX is high, it indicates that investors expect significant market volatility in the near future.
๐ฎ Conversely, a low VIX suggests that investors anticipate stable market conditions.
๐ฎ High VIX: Indicates fear and uncertainty in the market.
๐ฎ Low VIX: Suggests investor confidence and market stability.
In essence, the VIX provides insight into investor sentiment and potential market fluctuations.
๐ BSE Sectoral Index Performance Today ๐
๐ธ Oil & Gas +3.75%
๐ธ Metal +3.44%
๐ธ Energy +3.34%
๐ธ PSU +3.30%
๐ธ Infra +3.01%
๐ธ Telecom +2.80%
๐ธ Power +2.07%
๐ธ Auto +1.87%
๐ธ FMCG +1.38%
๐ธ Oil & Gas +3.75%
๐ธ Metal +3.44%
๐ธ Energy +3.34%
๐ธ PSU +3.30%
๐ธ Infra +3.01%
๐ธ Telecom +2.80%
๐ธ Power +2.07%
๐ธ Auto +1.87%
๐ธ FMCG +1.38%
๐ Cabinet approves 8 new railway projects worth Rs 24,600 crore, says Union minister Ashwini Vaishnaw ๐
๐ฎ The Cabinet Committee on Economic Affairs on August 9 gave its approval for 8 railway projects worth Rs 24,657 crore, bolstering development process in aspirational and tribal-dominated districts, Union minister Ashwini Vaishnaw said during a press briefing.
๐ฎ Out of these 8 projects, three will be developed in Odisha's southern and western regions, the minister said.
๐ฎ The Cabinet Committee on Economic Affairs on August 9 gave its approval for 8 railway projects worth Rs 24,657 crore, bolstering development process in aspirational and tribal-dominated districts, Union minister Ashwini Vaishnaw said during a press briefing.
๐ฎ Out of these 8 projects, three will be developed in Odisha's southern and western regions, the minister said.