Equity99
Intraday Patel Retail CMP 231 Test Resistance 240 / 245 sl 225
Ready To Break 236ππππ
Equity99
Intraday Patel Retail CMP 231 Test Resistance 240 / 245 sl 225
Cheapest in retail stock πππ Ready To Break 250
Morning Alert..
*IT stocks lose βΉ85,500 crore in market capitalisation on H-1B fee hike*
Indian IT stocks saw their sharpest decline in nearly six months after the US government announced a steep new fee on H-1B visa applications. The Nifty IT index closed at 25,550, down 2.95 per cent β its steepest fall since April 3. Nine of its 10 constituents ended lower, wiping out a combined βΉ85,496 crore in market capitalisation. The biggest losers in the index included Mphasis, which declined 4.7 per cent, LTIMindtree (4.5 per cent), and Coforge (4.5 per cent). Infosys, which slipped 2.6 per cent, and TCS (3 per cent) were the biggest drags on the Sensex. Together with other IT stocks, they contributed to more than half of the indexβs decline. The US administrationβs proposal imposes a one-time fee of $100,000 on new H-1B applications filed after September 21. Existing H-1B holders and renewals are exempt. Indians accounted for 71 per cent of approved H-1B beneficiaries last year. Indiaβs IT industry, which draws over half of its revenue from the US, has long relied on the programme to expand overseas. However, approvals for fresh H-1B visas for Indian IT firms have already been falling amid rising localisation and near-shoring trends.
*Global market action*
Dow Jones β Up by 0.12% or 55.35 points
FTSE β Up by 0.11% or 10.01 points
CAC β Down by 0.30% or 23.48 points
DAX β Down by 0.48% or 112.36 points
Gift Nifty β Down by 0.09% or 26.00 points
*FII/DII activities*
FII β Sold 2910.09Cr worth of shares
DII β Bought 2582.63Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 β 22.1x
Nifty Bank β 15.1x
*Stocks with high delivery percentage*
Alkem Laboratories Ltd β 88.5%
Godrej Industries Ltd β 80.8%
Ajanta Pharma Ltd β 79.9%
Cera Sanitaryware Ltd β 79.7%
Metropolis Healthcare Ltd β 78.9%
*Primary market activities*
IPOs opening today
Anand Rathi Share & Securities Ltd (Main board) β Issue size 745Cr
Seshaasai Technologies Ltd (Main board) - Issue size 813.07Cr
Jaro Institute of Technology Management & Research Ltd (Main board) - Issue size 450Cr
Ecoline Exim Ltd (NSE SME) - Issue size 76.42Cr
Solarworld Energy Solutions Ltd (Main board) - Issue size 490Cr
NSB BPO Solutions Ltd (BSE SME) - Issue size 77.91Cr
Matrix Geo Solutions Ltd (NSE SME) - Issue size 40.20Cr
True Colors Ltd (BSE SME) - Issue size 127.96Cr
Aptus Pharma Ltd (BSE SME) β Issue size 13.02Cr
BharatRohan Airborne Innovations Ltd (BSE SME) - Issue size 45.04Cr
*Commodities updates*
Gold β Rs 112210/10gm, Silver β Rs 133601/kg, Bcrude β Rs 5521/barrel, Copper β Rs 909.10/kg.
*IT stocks lose βΉ85,500 crore in market capitalisation on H-1B fee hike*
Indian IT stocks saw their sharpest decline in nearly six months after the US government announced a steep new fee on H-1B visa applications. The Nifty IT index closed at 25,550, down 2.95 per cent β its steepest fall since April 3. Nine of its 10 constituents ended lower, wiping out a combined βΉ85,496 crore in market capitalisation. The biggest losers in the index included Mphasis, which declined 4.7 per cent, LTIMindtree (4.5 per cent), and Coforge (4.5 per cent). Infosys, which slipped 2.6 per cent, and TCS (3 per cent) were the biggest drags on the Sensex. Together with other IT stocks, they contributed to more than half of the indexβs decline. The US administrationβs proposal imposes a one-time fee of $100,000 on new H-1B applications filed after September 21. Existing H-1B holders and renewals are exempt. Indians accounted for 71 per cent of approved H-1B beneficiaries last year. Indiaβs IT industry, which draws over half of its revenue from the US, has long relied on the programme to expand overseas. However, approvals for fresh H-1B visas for Indian IT firms have already been falling amid rising localisation and near-shoring trends.
*Global market action*
Dow Jones β Up by 0.12% or 55.35 points
FTSE β Up by 0.11% or 10.01 points
CAC β Down by 0.30% or 23.48 points
DAX β Down by 0.48% or 112.36 points
Gift Nifty β Down by 0.09% or 26.00 points
*FII/DII activities*
FII β Sold 2910.09Cr worth of shares
DII β Bought 2582.63Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 β 22.1x
Nifty Bank β 15.1x
*Stocks with high delivery percentage*
Alkem Laboratories Ltd β 88.5%
Godrej Industries Ltd β 80.8%
Ajanta Pharma Ltd β 79.9%
Cera Sanitaryware Ltd β 79.7%
Metropolis Healthcare Ltd β 78.9%
*Primary market activities*
IPOs opening today
Anand Rathi Share & Securities Ltd (Main board) β Issue size 745Cr
Seshaasai Technologies Ltd (Main board) - Issue size 813.07Cr
Jaro Institute of Technology Management & Research Ltd (Main board) - Issue size 450Cr
Ecoline Exim Ltd (NSE SME) - Issue size 76.42Cr
Solarworld Energy Solutions Ltd (Main board) - Issue size 490Cr
NSB BPO Solutions Ltd (BSE SME) - Issue size 77.91Cr
Matrix Geo Solutions Ltd (NSE SME) - Issue size 40.20Cr
True Colors Ltd (BSE SME) - Issue size 127.96Cr
Aptus Pharma Ltd (BSE SME) β Issue size 13.02Cr
BharatRohan Airborne Innovations Ltd (BSE SME) - Issue size 45.04Cr
*Commodities updates*
Gold β Rs 112210/10gm, Silver β Rs 133601/kg, Bcrude β Rs 5521/barrel, Copper β Rs 909.10/kg.
Equity99
Intraday Patel Retail CMP 231 Test Resistance 240 / 245 sl 225
ππ Patel Retail ππ
Stock which was discussed yesterday as intraday, showed amazing performance yesterday & today it has again jumped uphigh , making fresh high at 247.45.
πββπββπββπββππππ
Stock which was discussed yesterday as intraday, showed amazing performance yesterday & today it has again jumped uphigh , making fresh high at 247.45.
πββπββπββπββππππ
Special Situation Stock ( High Conviction) SME HERO
Now in 20 % Circuit Filter πππ
Agarwal tough ( Agarwaltuf) CMP 158 / 160
Test Resistance 185/ 190 in next 10 days View Sl 145 Expected Upper circuit
Now in 20 % Circuit Filter πππ
Agarwal tough ( Agarwaltuf) CMP 158 / 160
Test Resistance 185/ 190 in next 10 days View Sl 145 Expected Upper circuit
Equity99
Intraday Again Patel Retail CMP 248 Test Resistance 255 / 265 sl 235
Ready To Break 260ππ
Short Term View
Univastu India CMP 246 / 250
Available @ lower Valuation In net Zero Construction
Test Resistance 280 / 300 Sl 225
Coming days View Strong Potential View
Univastu India CMP 246 / 250
Available @ lower Valuation In net Zero Construction
Test Resistance 280 / 300 Sl 225
Coming days View Strong Potential View
50 per cent returns from 52-week low; Board announces...
https://www.dsij.in/dsijarticledetail/50-per-cent-returns-from-52-week-low-board-announces-bonus-share-in-ratio-of-21-id001-52101
https://www.dsij.in/dsijarticledetail/50-per-cent-returns-from-52-week-low-board-announces-bonus-share-in-ratio-of-21-id001-52101
Dalal Street Investment Journal
50 per cent returns from 52-week low; Board announces bonus share in ratio of 2:1
The Board of Directors of Univastu India Ltd has approved an increase in the company's authorised share capital from Rs 20 crore to Rs 50 crore, raising the total number of equity shares from 2...
Equity99
50 per cent returns from 52-week low; Board announces... https://www.dsij.in/dsijarticledetail/50-per-cent-returns-from-52-week-low-board-announces-bonus-share-in-ratio-of-21-id001-52101
Near Record Date Can Be Hit 325 πππππ
Equity99
50 per cent returns from 52-week low; Board announces... https://www.dsij.in/dsijarticledetail/50-per-cent-returns-from-52-week-low-board-announces-bonus-share-in-ratio-of-21-id001-52101
Univastu India has built a strong order book with significant recent contract wins. It secured a major βΉ244.31 crore work order from the Divisional Sports Complex Committee, Jalgaon, reinforcing its leadership in sports infrastructure. The companyβs joint venture, Univastu Bootes Infra LLP, bagged a βΉ28.08 crore "Net Zero Project" contract from the Varanasi Development Authority, showcasing its focus on sustainable infrastructure. Additionally, Univastu won a βΉ3.17 crore order for civil construction works, demonstrating consistent project inflow. The company also holds contracts for metro station construction, hospitals, and water supply projects from reputed clients including CIDCO and the Sports Authority of Goa. Backed by certifications like ISO 9001, 18001, and 14001, Univastu continues to strengthen its position with a diversified and robust project portfolio across government and private sectors.
Can Be Super Multibagger
Can Be Super Multibagger
Forwarded from Equity99
Bullish CUP & HANDLE formation on daily chart of UNIVASTU INDIA
Look at the daily chart of UNIVASTU INDIA. Stock is forming CUP & HANDLE formation which is highly bullish in its nature & RSI also turns bullish.
Now expect a big rally upto 295 / 312 / 330 in this counter...
Look at the daily chart of UNIVASTU INDIA. Stock is forming CUP & HANDLE formation which is highly bullish in its nature & RSI also turns bullish.
Now expect a big rally upto 295 / 312 / 330 in this counter...
Equity99
Intraday Again Patel Retail CMP 248 Test Resistance 255 / 265 sl 235
Ready To bounce back towards 250
Morning Alert..
*Rupee hits new low on US visa shock; exporters don't expect much relief*
The rupee slid to a fresh low of 88.75 against the dollar on Tuesday, dragged down by the sharp rise in H-1B visa fees that threatens Indiaβs information technology (IT) services margins and remittance inflows. Dealers said the move compounded fragile sentiment, even as the trade outlook remained under sustained pressure from higher US tariffs on Indian goods. The currency had closed at 88.31 per dollar the previous day. Foreign investors offloaded equities worth βΉ3,551 crore on Tuesday. Over the past two days, their net selloff amounts to nearly βΉ5,523 crore. Exports have already been squeezed by a 50 per cent tariff on shipments to the US, leaving Indian goods overpriced by as much as 30-35 per cent, while Europeβs slowdown has narrowed diversification options. According to exporters, although a weaker rupee would usually aid competitiveness, tariff barriers blunt much of the advantage. βEven if we are gaining a 2-3 per cent (edge) vis-Γ -vis our competitors, this will not help much,β said Ajay Sahai, director-general and chief executive of the Federation of Indian Export Organisations.
*Global market action*
Dow Jones β Up by 0.15% or 59.24 points
FTSE β Down by 0.04% or 3.36 points
CAC β Up by 0.53% or 41.91 points
DAX β Up by 0.36% or 84.28 points
Gift Nifty β Down by 0.19% or 47.00 points
*FII/DII activities*
FII β Sold 3551.19Cr worth of shares
DII β Bought 2670.87Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 β 22.1x
Nifty Bank β 15.1x
*Stocks with high delivery percentage*
Metro Brands Ltd β 84.5%
Apollo Hospitals Enterprise Ltd β 81.8%
Emami Ltd β 81%
Rainbow Childrens Medicare Ltd β 79%
AIA Engineering Ltd β 78.5%
*Primary market activities*
IPOs opening today
Epack Prefab Technologies Ltd (Main board) β Issue size 504Cr
BMW Ventures Ltd (Main board) - Issue size 231.66Cr
Praruh Technologies Ltd (BSE SME) - Issue size 23.50Cr
Gurunanak Agriculture India Ltd (NSE SME) - Issue size 28.80Cr
Riddhi Display Equipments Ltd (BSE SME) - Issue size 24.68Cr
Jain Resources Recycling Ltd (Main board) - Issue size 1250Cr
Justo Realfintech Ltd (BSE SME) - Issue size 63Cr
Systematic Industries Ltd (BSE SME) β Issue size 115.60Cr
*Commodities updates*
Gold β Rs 113800/10gm, Silver β Rs 135000/kg, Brcrude β Rs 5635/barrel, Copper β Rs 911.10/kg.
*Rupee hits new low on US visa shock; exporters don't expect much relief*
The rupee slid to a fresh low of 88.75 against the dollar on Tuesday, dragged down by the sharp rise in H-1B visa fees that threatens Indiaβs information technology (IT) services margins and remittance inflows. Dealers said the move compounded fragile sentiment, even as the trade outlook remained under sustained pressure from higher US tariffs on Indian goods. The currency had closed at 88.31 per dollar the previous day. Foreign investors offloaded equities worth βΉ3,551 crore on Tuesday. Over the past two days, their net selloff amounts to nearly βΉ5,523 crore. Exports have already been squeezed by a 50 per cent tariff on shipments to the US, leaving Indian goods overpriced by as much as 30-35 per cent, while Europeβs slowdown has narrowed diversification options. According to exporters, although a weaker rupee would usually aid competitiveness, tariff barriers blunt much of the advantage. βEven if we are gaining a 2-3 per cent (edge) vis-Γ -vis our competitors, this will not help much,β said Ajay Sahai, director-general and chief executive of the Federation of Indian Export Organisations.
*Global market action*
Dow Jones β Up by 0.15% or 59.24 points
FTSE β Down by 0.04% or 3.36 points
CAC β Up by 0.53% or 41.91 points
DAX β Up by 0.36% or 84.28 points
Gift Nifty β Down by 0.19% or 47.00 points
*FII/DII activities*
FII β Sold 3551.19Cr worth of shares
DII β Bought 2670.87Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 β 22.1x
Nifty Bank β 15.1x
*Stocks with high delivery percentage*
Metro Brands Ltd β 84.5%
Apollo Hospitals Enterprise Ltd β 81.8%
Emami Ltd β 81%
Rainbow Childrens Medicare Ltd β 79%
AIA Engineering Ltd β 78.5%
*Primary market activities*
IPOs opening today
Epack Prefab Technologies Ltd (Main board) β Issue size 504Cr
BMW Ventures Ltd (Main board) - Issue size 231.66Cr
Praruh Technologies Ltd (BSE SME) - Issue size 23.50Cr
Gurunanak Agriculture India Ltd (NSE SME) - Issue size 28.80Cr
Riddhi Display Equipments Ltd (BSE SME) - Issue size 24.68Cr
Jain Resources Recycling Ltd (Main board) - Issue size 1250Cr
Justo Realfintech Ltd (BSE SME) - Issue size 63Cr
Systematic Industries Ltd (BSE SME) β Issue size 115.60Cr
*Commodities updates*
Gold β Rs 113800/10gm, Silver β Rs 135000/kg, Brcrude β Rs 5635/barrel, Copper β Rs 911.10/kg.