MarketDhani [Public Channel- Limited Calls]
235 subscribers
988 photos
36 videos
220 files
105 links
Welcome to the stock market learning channel!
DISCLAIMER
*WE ARE NOT SEBI REGISTER ANALYSTS. ALL VIEWS AND POSTS ARE EDUCATIONAL PURPOSE ONLY. WE ARE NOT RESPONSIBLE FOR YOUR PROFIT AND LOSS. BEFORE INVESTING PLEASE CONSULT YOUR FINANCIAL ADVISER .*
Download Telegram
STOCKS IN ACTION 29 November

DHANLAXMI BANK
: To Consider Raising Funds Up To Rs 200 Crores Via NCDs On 5-December

Union Bank Of India: To Issue Tier-2 Bonds Aggregating To 22b Rupees In Two Tranches

Satin Creditcare Network: Board Meeting On Dec 1 To Consider Fund Raising Via Issue Of Non-Convertible Debentures On Private Placement Basis

Orchid Pharma: Board Meeting On Dec 1 To Consider Raising Of Funds

Motilal Oswal Financial Services: Motilal Oswal Group's Investments Arm Motilal Oswal Alternates (Moa) Invests 4.5b Rupees In Shapoorji Pallonji Real Estate Against Two Of Shapoorji Pallonji Realty Projects - Business Standard

NBCC: Bags orders worth Rs 271 Crores
2 Orders – Manesar & Noida

Fredun Pharmaceuticals: Bags Multiple Contracts
Received One-Year Contract Worth 650m Rupees From A Southeast Asian Country For Pharma Exports

DCM Shriram: Says Expansion Of Refined Sugar Capacity From 5,000 TCD To 13,000 TCD At Hariawan Sugar Unit Has Been Commissioned Effective Nov 24

Lumax Industries: Board Meeting On Dec 7 To Consider, Approve Proposal For Setting Up Of The Co's New Manufacturing Unit In Chakan, Pune And Funding Options

Adani Enterprises/NDTV: Adani Ent says NDTV promoter, RRPR agrees to issue 99.5% of its equity to Adani Group's subsidiary, VCPL

WIPRO: Announced the launch of its new Skills Guild with Amazon Web Services (AWS)
Is a comprehensive enablement program for large enterprises to build cloud skills

TCS: Joins Hands With AWS To Help Enterprises Harness Power Of Quantum Computing

LUPIN: Brazilian Subsidiary – MedQuimica Acquires Rights to Nine Brands (products) from Bausch Health
Says the acquired brands are well established and recognized among doctors and other members of the medical fraternity in Brazil

NURECA: Large Trade
Promoter Entity PAYAL GOYAL
Sold 55,863 Shares @ Rs 546.04/ Share

INOX GREEN ENERGY SERVICES: Large Trade
DOVETAIL INDIA FUND CLASS 6 SHARES
SOLD 18,00,000 Shares @ Rs 61.69/ Share

AMI ORGANICS: Large Trade
SMALL CAP WORLD FUND SOLD 12,72,000 Shares @ Rs 920/ Share
GOVERNMENT PENSION FUND GLOBAL BOUGHT 10,92,000 Shares
VALUEQUEST INVESTMENT ADVISORS  BOUGHT 180,000 Shares

WESTLIFE FOODWORLD: Owner and Operator of McDonald’s India West and South will be hosting a Select Press Meet to announce Vision 2027 on 2nd December

BSE: SEBI Approves Sundararaman Ramamurthy As MD & CEO Of BSE

Kolte-Patil appoints Khiroda Chandra Jena as CFO

Adani Enterprises: The company denied reports that it is looking to raise $5 billion from wealth funds

Bharat Bijlee: Life Insurance Corporation of India has reduced its shareholding in the company to 4.54% from 6.7%.
Today’s Market Prediction:

Indian stock market Would open FLAT

Technically, Nifty is still in the Negative zone whereas BankNifty is still in the Negative zone.
Nifty index formed a bullish Engulfing candle on the daily charts.
India VIX up by 1.74 percent to 13.57 levels.

GDP may print at 5.8% in Q2

India's economy likely slowed to annual 6.2% in July-Sept

US crude turns positive, Brent pares losses on OPEC+ cut rumors

Mark Mobius sees Bitcoin down at $10,000 in ‘dangerous’ crypto market
Market Indication:

Global: FLAT to NEGATIVE

NIFTY: FLAT to NEGATIVE

BANKNIFTY:  FLAT to NEGATIVE

BULK Deals:  Venus Pipes & Tubes etc.

Stocks In F&O Ban Period: BHEL, Delta Corp, and Indiabulls Housing Finance

Results Today: Nil

SGX NIFTY:  (Negative)

18667     -61.50    -0.33%
Good Morning, Have a safe and profitable day.
WHAT HAPPENED OVERNIGHT

- SPX -0.16%, Nasdaq -0.59%

- UST 10y yield +7 bps to 3.75%

- DXY Index climbed towards 106.85 after a bullish outside day on Monday

- Markets disregarded slightly softer consumer confidence data

- China reopenning optimism kept CNH strong
Morning Alert..
*Cross-border rupee trade: FinMin, bank heads to meet on December 5*
The Finance Ministry has called a meeting of CEOs of banks, including top six private sector lenders, on December 5 to discuss ways to promote cross-border trade in the rupee instead of the US dollar. Besides, sources said the meeting to be attended by other stakeholders, including senior officials of external affairs and commerce ministries, will review the progress made on this front so far. Financial Services Secretary Vivek Joshi will be chairing the meeting and is also likely to see attendance from representatives of the Reserve Bank of India and Indian Banks' Association (IBA), sources said. Following detailed guidelines from the Reserve Bank of India (RBI) on cross-border trade transactions in domestic currency in July, about nine special vostro accounts have been opened with two Indian banks to facilitate overseas trade in the rupee.

*Govt lifts ban on exports of organic non-basmati rice*
The government on Tuesday lifted the ban on exports of organic non-basmati rice, including broken rice, a move which would help in promoting the outbound shipments of the commodity. The government had, in early September, banned the export of broken rice with an aim to increase domestic availability. This followed a 20 per cent duty on the export of non-basmati rice aimed at shoring up domestic supplies after prices surged in retail markets. In a notification, the Directorate General of Foreign Trade said the export of organic non-basmati rice, including organic non-basmati broken rice, will now be governed by rules that prevailed before the September ban. Rice exports stood at USD 5.5 billion during April-September this fiscal. It was USD 9.7 billion in 2021-22, according to the commerce ministry data.

*India's finished steel imports from Russia hit 4-year high in April-October*
India's finished steel imports from Russia during April-October rose to their highest in at least four years, government data compiled by Reuters showed, underscoring Moscow's bid to divert shipments in the wake of Western sanctions. Russia's steel exports to India reached 149,000 tonnes in the first seven months of the current fiscal year that began in April, up from around 34,000 tonnes shipped a year earlier. Russia accounted for just about 5% of India's total steel imports but was among the top five exporters. India's total steel imports between April and October stood at 3.2 million tonnes, up 14.5% from a year earlier. South Korea exported 1.3 million tonnes to India, accounting for a 41% share of the country's total purchase. Between April and October, India emerged as a net exporter of steel, even as overall shipments more than halved due to an export tax and a slowdown in global demand.

*Commodities play*
Gold – Rs 52601/10gm, Silver – Rs 61483/kg, Brcrude – Rs 6345/barrel, Degumsyoil – Rs 1296/10kg, Copper – Rs 677/kg.

*Corporate News*
Suzuki Motor sees Indian PV market at 7-8 mn by 2030, Maruti aims 50% share.

Amul's utterly butterly supply melts; eateries switch to alternatives.

Gland Pharma to acquire French firm Cenexi Group for Rs 1,000 crore.

SGX Nifty indicates a flattish start to Indian markets trading at 18750 levels down by 8.50 points or 0.05%. Dow jones also ended the day on flattish note.

Sector in focus – Banks, Infrastructure, IT & FMCG.
STOCKS IN ACTION 30 NOVEMBER

Adani Enterprises:
Adani Group Bags Rupees 5,069 Crore Dharavi Redevelopment Project

Gland Pharma: Shanghai Fosun Pharmaceutical Says Unit Gland Pharma To Acquire Phixen S.A.S. And To Offer Loans To Phixen And Unit For Up To 210.4m Euros

Krishna Institute Of Medical Sciences:  Acquires Additional Stake Of 7.79% In Arunodaya Hospitals

Union Bank Of India: To Allot Basel III Compliant Tier-2 Bonds In Two Tranches Worth Up To 22b Rupees

Spandana Sphoorty Financial: Board Meeting On Dec 2 To Consider Issue And Offer Of Non-Convertible Debentures On A Private Placement Basis

Inox Wind: Inox GFL Group Initiates Strategic Action To Deleverage Its' Wind Business  Further Debt Reduction In Inox Green, Inox Wind Underway. Inox GFL Group Initiates Strategic Action To Deleverage Its' Wind Business  Further Debt Reduction In Inox Green, Inox Wind Underway

SBI/ HDFC Bank/ICICI Bank/Yes Bank/IDFC First Bank/Bank of Baroda/Union Bank of India/Kotak Mahindra Bank: The Reserve Bank of India will start the pilot of for retail digital rupee on Dec. 01 through these eight banks

IDFC: SEBI has approved handing over control of IDFC Mutual Fund to a consortium led by Bandhan Financial Holdings.

NDTV: board approves appointment of Sanjay Pugalia & Senthil Chengalvarayan as directors on board of RRPRH with immediate effect & the resignation of Prannoy Roy & Radhika Roy as directors on board of RRPRH

Zomato: Alibaba to sell $200 m worth Zomato shares via a block deal Nov 30, 2022

Biocon: Biocon Biologics Completes Acquisition of Viatris’  Global Biosimilars Business
Trading Set Up

- Powell speaks later today - be watchful

- Some loss of momentum overall

- Banks ended flat, mid/smallcaps lower

- FII net long positioning at extreme !

- Yesterday's high of 18,678 first resistance

- 18,450 a support
Today’s Market Prediction:

Indian stock market Would open FLAT

Technically, Nifty is still in the Positive zone whereas BankNifty is still in the positive zone.

Nifty index formed a bullish candlestick pattern which resembles the Bullish Marubozu Opening kind of pattern on the daily charts

India VIX up by 0.36 percent to 13.62 levels.
Uniparts India IPO opens today

Oil up on China COVID hopes, but OPEC+ output concerns offset gains

India annual GDP growth to slow in September quarter as COVID effect fades

Alibaba to sell $200 million worth of shares in Zomato today
Market Indication:

Global: FLAT

NIFTY: FLAT

BANKNIFTY: FLAT

BULK Deals: Dhanlaxmi Bank etc.

Stocks In F&O Ban Period: BHEL, Delta Corp, and Indiabulls Housing Finance

Results Today: Nil

SGX NIFTY: (Negative)

18747 -11.00 -0.06%
the ballot is stronger than the bullet.....
Good Morning, Have a safe and profitable expiry. Thankyou
Morning Alert..
*Kirit Parikh panel recommendations: 'Remove caps on gas prices by 2027'*
India should have completely free and market-determined pricing for natural gas extracted from legacy fields and remove all caps by January 1, 2027, the Kirit Parikh committee constituted to review gas prices has recommended in its report, which was submitted to the Centre on Wednesday. Till then, the committee has suggested a floor price of $4 per MMBtu (metric million British thermal unit) be kept in place to cover the cost of gas production by Oil India (OIL) and the Oil and Natural Gas Corporation (ONGC), Parikh told Business Standard. The committee has also recommended a ceiling price of $6.5 per mmBtu, which may be increased yearly by about $0.5 per mmBtu till 2027, Parikh said. At present, the government fixes the prices of gas produced from the old fields of state-run ONGC and OIL. Such fields account for about 80 per cent of annual gas output of about 91 billion cubic metres.

*Robust activity in services sector holds up 6.3% GDP growth in Q2*
India’s economy grew 6.3 per cent in the September quarter of FY23, boosted by robust activity in services, even as manufacturing output contracted unexpectedly, signalling uneven post-pandemic recovery in Asia’s third-largest economy. While the Reuters and Bloomberg polls had projected 6.2 per cent growth for the quarter, the Reserve Bank of India was spot on with its forecast of 6.3 per cent. In the June quarter of FY23, the economy had expanded 13.5 per cent due to a low base in the equivalent period of 2021-22, when economic activity was severely impacted by the Delta wave of the pandemic. The data released by the National Statistical Office on Wednesday showed manufacturing contracted 4.3 per cent in the September quarter as profit margins of companies came under pressure due to rising input cost.

*FM Nirmala Sitharaman confident of strong growth, low inflation in 2023*
India’s Finance Minister Nirmala Sitharaman expects strong growth and lower inflation next year, as central bank authorities seek to stabilize Asia’s third-largest economy amid tough global headwinds. “External factors were very strong in the inflation-targeting exercise,” Sitharaman said Wednesday at a Reuters event, noting that they were beyond the control of the government and the Reserve Bank of India. “We expect currency volatility to settle on its own.” India’s consumer price gains fell below 7% for the first time in three months in October. The RBI, which has raised its benchmark rate by 190 basis point this year, is expected to remain hawkish at a monetary policy review next week. Rate setters penned a letter this month to the government explaining their failure to contain inflation between 2% and 6% and outlined a road map for returning prices to target.

*Commodity play*
Gold – Rs 52602/10gm, Silver – Rs 61750/kg, Brcrude – Rs 6418/barrel, Degumsyoil – Rs 1296/10kg, Copper – Rs 681/kg.

*Corporate News*
TCS secures contract to develop UK's rail data marketplace.

Reliance Industries seeks shareholder nod to alter MoA for EPC undertaking.

NDTV shares continue to rally for the fifth day, surge nearly 25%.

SGX Nifty indicates positive start to Indian markets trading at 19005 levels for the first time up by 0.47% or 88 points. Dow Jones also ended in green up by 2.18% at close.

Sector in focus – Automobiles, banks, IT & Real-Estate.
IT best sector today
Up 2.2%
Good Morning, Have a safe and profitable day.
WHAT HAPPENED OVERNIGHT

- SPX -0.09%, Nasdaq +0.13%

- Data disappointed: core PCE decelerated, ISM mfg fell

- UST 10y yield fell 9.5 bps to 3.51%

- Fed terminal rate pricing 4.90% vs 5% prior to data

- Dollar Index ended @ 104.70

- Friday's jobs report remains top of mind
Morning Alert..
* Nov car sales zoom to record high; Maruti, Hyundai post double-digit growth*
This was the best November ever for carmakers, with cumulative despatches at India’s top 10 passenger vehicle makers jumping 31.7 per cent year-on-year (YoY) to 310,807 units last month as better availability of semiconductors enabled them to produce more. It was also the sixth straight month when domestic car sales zipped past 300,000 units. Auto firms in India count despatches to dealers as sales. The world’s fourth largest passenger vehicle market is well on its course to breach peak sales of calendar year 2018 and conclude the year ending December 31 with an estimated 3.8 million units, Shashank Srivastava, senior executive officer (marketing and sales) at Maruti Suzuki India told reporters. The previous highest was 3.3 million units in 2018. Carmakers' confidence of ending the year with record sales stems from a robust order book of 750,000 units for the industry, with Maruti’s share at 375,000 units.

* Petrol, diesel sales see double-digit growth in November as demand rises*
Petrol and diesel sales in India saw a double-digit year-on-year growth in November as increased demand from the agriculture sector helped build on the momentum generated by the festive season, preliminary industry data showed on Thursday. Petrol sales soared 11.7 per cent to 2.66 million tonnes in November, as compared to 2.38 million tonnes of consumption in the same month last year. Sales were 10.7 per cent higher than in COVID-marred November 2020 and 16.2 per cent more than in pre-pandemic November 2019. Month-on-month, the demand was up 1.3 per cent on the high-base festive season created in October. Diesel, the most used fuel in the country, posted a 27.6 per cent rise in sales in November to 7.32 million tonnes, as compared to the same month last year. Consumption was up 17.4 per cent over November 2020 and 9.4 per cent higher than pre-COVID 2019.

* Manufacturing PMI rises to 55.7 in Nov as factory activity hits 3-mth high*
India’s Purchasing Managers’ Index (PMI) for manufacturing rose slightly to 55.7 in November from 55.3 in October to post a three month high amid an increase in new orders and production, and a slowdown in inflation. The headline figure is above its long-run average of 53.7. The survey compiled by the rating agency - S&P Global, and released on Thursday reflected an improvement in employment and purchases by factories. A print above 50 in the survey indicates expansion in manufacturing activity. A score below that represents contraction. "Firms were strongly confident towards growth prospects, with optimism driving another round of job creation and restocking initiatives. Buying levels expanded at a marked and accelerated rate as firms also sought to benefit from relatively mild price pressures.

*Commodity play*
Gold – Rs 52928/10gm, Silver – Rs 63029/kg, Brcrude – Rs 6614/barrel, Degumsyoil – Rs 1296/10kg, Copper – Rs 688/kg.

*Corporate News*
Adani group to refinance ACC, Ambuja Cement debt of $3.5 billion.

Larsen & Toubro closes $107 million sustainability-linked loan with SMBC.

Orchid Pharma board approves QIP programme to raise Rs 500 crore.

SGX Nifty indicates a flattish start to Indian markets trading at 18918 levels down by 0.30% or 57 points. Dow Jones ended in red yesterday down by 0.56% at close.

Sector in focus – Automobiles, Banks, Railways & Chemicals.
STOCKS IN ACTION 2 DECEMBER

PB Fintech:
SoftBank’s SVF India Holdings is offering 22.8 million shares of the company at a floor price of Rs 440.2 each in a block trade, Bloomberg News reported citing terms of the deal.

SJVN Green Energy: signs MoU with Grid Corporation of Odisha for developing 1000 MW Hydro Electric Projects & 2000 MW Solar Power Project These projects will attract an investment of Rs 20,000 cr

NLC India: signs MoU with Govt of Odisha for Renewable Energy   to set up Ground Mounted/Floating solar power projects, pumped hydro storage projects, green
hydrogen projects and other renewable projects

MOIL: Manganese ore production in November at 1.2 lakh tonnes, up 60% (MoM) Manganese ,ore sales last month grew 82% (MoM)

Tata Power: To set up 1,000 EV charging points and 1 lakh Solar Pumps in Odisha.TataPower will also set up Microgrids, Rooftop, Floating Solar and Pumped Hydro in Odisha in the next 5 years

Oberoi Realty: shareholders approve purchase of premises by company from Oasis Realty

NMDC: The government has invited expressions of interest to divest its 50.79% stake in the company. The company also reported a rise in production and sale of iron ore during November.

ONGC/Reliance Industries/GAIL: The government halved windfall tax on domestic crude to Rs 4,900 per tonne and reduced levy on diesel exports to Rs 6.5 per litre.

Hindustan Unilever: The company has formed an ESG committee to assist the board in overseeing the company’s strategy relating to ESG and sustainability matters.

Man Infraconstruction: Suketu R Shah resigned from the position of Joint Managing Director of the company, with effect from Dec.

Delta Corp: Co Says Govt Of Goa Issued Order For Payment Of License Fee For Shut Down Periods With Interest  Co Says Will Be Pursuing Legal Remedies Against Order  Says No Impact On Profit And Loss Account Or Financial Position Of Company Or Its Unit

Kotak Mahindra Bank: Co Allotted Non-Convertible Bonds Up To 15b Rupees On Private Placement Basis

Yes Bank: The Reserve Bank of India allowed Advent and Carlyle to pick up 9.99% stake each in Yes Bank on a conditional basis.

Punjab National Bank: Says Allotted Basel III Compliant Tier-II Capital Bonds Aggregating To 40b Rupees  Allotment Of Basel III Compliant Tier-II Capital Bonds At A Coupon Of 7.89% P.A. On Private Placement Basis

Krishna Institute Of Medical Sciences: Co Acquired Additional Stake Of 4.07% In Unit KIMS Hospital Enterprises  Shares Acquired At 200 Rupees Per Share

Ashiana Housing: Co Entered Into Development Agreement To Develop A Group Housing Project With Approximate Saleable Area Of 4.00 Lakh Sq. Ft At Village Murlipura, Jagatpura, Jaipur (Rajasthan)
Today’s Market Prediction:

Indian stock market Would open NEGATIVE

Technically, Nifty is still in the Positive zone whereas BankNifty is still in the Negative zone.

Nifty index formed a bearish candle on the daily charts.

India VIX fell by 3.24 percent to 13.36 levels.

Oil settles little changed after China eases COVID curbs, dollar dips

SoftBank to sell 5% stake in Policybazaar via block deal tomorrow

November GST collections at Rs 1.46 lakh crore, down 3.9% from October

Govt cuts windfall tax on locally produced crude oil and diesel exports
Market Indication:

Global: FLAT to NEGATIVE

NIFTY: FLAT to NEGATIVE

BANKNIFTY:  FLAT to NEGATIVE

BULK Deals: Indian Hotels Company, Bandhan Bank etc.

Stocks In F&O Ban Period: BHEL,Punjab National Bank, Delta Corp, and Indiabulls Housing Finance

Results Today: Nil

SGX NIFTY:  (Negative)

19926     -49.50    -0.26%