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Good morning Traders ☺️
TODAY HUGE GAPDOWN
Buy Banknifty 33200 pe

185/187
Tgt sl paid members
NIFTY OPEN RANGE 15774.50😎
BANKNIFTY OPEN RANGE 33180.70😎
DR REDDY 4400 CE

ABOVE : 125

Sl : 117

Target 140,170,200++
ASIANPAINT 2750CE

AVOBE : 90

Sl : 86

Target 100,110,130
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Good morning Traders
STOCKS ON RADARS

HDFC Bank, HDFC: Stock exchanges give nod for HDFC Bank-HDFC merger. Observation letters of β€˜no adverse observations’ from BSE and β€˜no objection’ from NSE for HDFC Bank - HDFC merger.

HDFC: The company’s profit on sale of investment on account of the Corporation’s 10% stake sale in HDFC Capital Advisors during quarter ended June 30 was Rs 184 crore. Gross income from dividend for the quarter was Rs 687 crore. Pursuant to the buyback option embedded in the home loan arrangement between the company and HDFC Bank, the company assigned loans to HDFC Bank amounting to Rs 9,533 crore

IDFC First Bank: The company's Q1FY23 Business Update showed that advances grew 6.7% QoQ & 21% YoY to Rs 1,37,685 Cr. Retail business represents 65.7% of the overall funded assets as of June 30, 2022 and Commercial business (CV, Business Banking etc.) constitutes 7.8% of the total funded assets. Mortgage business including home loans grew by 32% on a Y-o-Y basis and constituted 37.5% of the retail

Deepak Nitrite: The company carried our restoration steps and submitted stability certificates to government with respect to fire incident at Nandeswari plant. Gujarat Pollution Control Board has issued directions revoking the closure order and allowed the company to operate a part of the plant, 50% of consented capacity of Nitro section.

Hero MotoCorp: The company’s sales rose 3.34% yoy to 4,84,867 units in June. Domestic motorcycle sales rose 4.5% yoy to 4,61,421 units. Domestic scooter sales fell 15% to 23,446 units. Exports fell 29.3% to 21,657 units.

TVS Motor: The company registered a growth of 22% in June 2022 with sales of 308,501 units. Exports rose 8% to 114,449 units. Total two-wheelers sales grew 23% to 293,715 units. Three-wheeler sales grew by 7% to 14,786 units. Domestic sales include sales of EV that recorded its highest ever sales of 4,667 units, a 77% growth over May 2022.

Bharat Forge: The company has completed the acquisition of JS Autocast Foundry at an enterprise valuation of Rs 489.63 crore.

Mahindra & Mahindra: The company sold 54,096 vehicles in June 2022. The domestic passenger car sales grew 59% year-on-year to 26,880 units in June 2022. Exports rose 7% to 2,777 units.

Muthoot Finance: It has received permission from the Reserve Bank of India to open 150 new branches.

Metropolis Health: The company has received NCLT approval for merger of Bokil Golwilkar Metropolis Healthcare, Desai Metropolis Health Services, Patel Metropolis Healthcare, Lab One Metropolis Healthcare Services, Micron Metropolis Healthcare, R. V. Metropolis Diagnostic & Health Care Center, Raj Metropolis and Sudharma Metropolis Health Services with the company.
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πŸ”΄SGX NIFTY 21 ⬇️

FII & DII CASH ACTIVITY
πŸ™FIIS Net Sellers
πŸ™‚DIIS Net Buyers

Fiis F&O activity
FUTURES DATA
Net long 15% at from 15%
Net short 85% at from 85%

FIIs options data Which is Negative
⭐️Overall Fiis activity is Negative

F&O BAN

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