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*SEBI extends deadline for nomination filing*

The deadline for completing the nomination process is extended to June 30, 2024

Market regulator SEBI has extended the deadline for completing the nomination process in mutual fund and demat accounts to next June-end against the December 31 fixed earlier.

Investors must either choose a nominee/s or explicitly opt out of nomination by submitting a declaration before the new deadline, said the circular.

Based on representations received from the market participants — for ease of compliance and investor convenience — the last date for submission of ‘choice of nomination’ for demat accounts and mutual fund folios is extended to June 30, 2024, it said.
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🎉 As we bid farewell to 2023 and step into the promise of 2024, the entire team at Spartan Trading Academy would like to extend our heartfelt wishes for a Happy New Year! for you and your family 🎉
Budget Trade view :
​Guys This Is interim budget, Not Final Budget for the 2024 ❤️ don't buy or sell without having proper analysis.
Updated Index weightage stocks in Nifty & Bank Nifty 2024

Nifty 50:

1. HDFC Bank Ltd. 11.57 %
2. Reliance Industries Ltd. 10.16 %
3. ICICI Bank Ltd. 7.59 %
4. Infosys Ltd. 6.24 %
5. Larsen & Toubro Ltd. 4.33 %
6. ITC Ltd. 4.12 %
7. Tata Consultancy Services Ltd. 4.07 %
8. Axis Bank Ltd. 3.12 %
9. Bharti Airtel Ltd. 3.12 %
10. Kotak Mahindra Bank Ltd. 2.83 %

Bank Nifty:

1. HDFC Bank Ltd. 26.41 %
2. ICICI Bank Ltd. 24.45 %
3. State Bank of India 10.33 %
4. Axis Bank Ltd. 10.05 %
5. Kotak Mahindra Bank Ltd. 9.96 %
6. IndusInd Bank Ltd. 6.47 %
7. Bank of Baroda 2.94 %
8. Punjab National Bank 2.17 %
9. Federal Bank Ltd. 2.11 %
10. IDFC First Bank Ltd. 2.05 %
Natural gas (XNGUSD) is at its lowest level in four years. The market price is under 2$ . Focus on the long-term opportunities.
Once again great opportunity in NG ,
Natural gas (XNGUSD) is at its
lowest level in four years. The market price is near 2$ . Focus on the long-term opportunities.

Not recommended for swing traders and intraday traders.
Reliance Industries Declares 1:1 Bonus Issue
Vodafone Idea shares can crash up to 83% to just Rs 2.5, argues Goldman Sachs

Shares of Vodafone Idea and Indus Towers took a massive dive on September 6 after Goldman Sachs, in its latest research report, expressed concerns over the telecom companies. Vodafone Idea's shares fell over 13 percent and hit a 52-week low of Rs 9.55 after Goldman maintained its 'Sell' rating on the stock but slightly increased the target price to Rs 2.5 from Rs 2.2, which suggested an 83 percent downside in the stock price. Goldman, in its report, said that the company faces difficulties in achieving free cash flow break-even and recovering market share.

The outlook for Vodafone Idea seemed bleak with Goldman anticipating Vodafone Idea to lose another 300 basis points in market share over the next 3-4 years. Even in an optimistic scenario - where the company's adjusted gross revenue (AGR) dues are slashed by 65 percent, tariffs consistently increase, and no near-term government repayments are required - Goldman still sees a best-case implied value per share of just Rs 19.