*ICICI Bank Q1FY22 Concall Update*
(Nirmal Bang Securities)
> Advances growth accelerates to 17% YoY (20% for domestic) at seven year highs
> Slippages, BB & Below book and Credit Costs disappoint; expected to remain elevated in Q2 but lower than Q1 levels; H2 to witness improvement
*Outlook: Neutral in near term; Positive in long term*
• Slippages have come in at Rs. 7231 Cr (3.9%) vs QoQ Rs. 5523 Cr (3.0%). Expectation was for ~Rs. 4,000 Cr (2.2%). Average during FY21 was at 2.5%. Retail slippages were at Rs. 6773 Cr while corporate slippages were at Rs. 458 Cr. (Jewellery loans slippages were at over Rs 1100 Cr). Management has guided for a consistent decline in slippages in coming qtrs – Q2 slippages are expected to be lower than Q1 and Q3 lower than Q2.
• Compared to 1st wave, asset quality has worsened more in second wave for CV financing and is better off in personal loans and credit cards.
• GNPA increased to 5.15% vs QoQ 4.96%. NNPA was flattish at 1.16% vs QoQ 1.14%.
• BB & Below book increased to Rs. 13,975 Cr (1.9%) vs QoQ Rs. 13,098 Cr (1.8%) & YoY Rs. 17,110 Cr (2.7%).
• Restructured book increased to Rs. 4672 Cr (0.6%) vs QoQ Rs. 3179 Cr (0.4%). The BB & Below book includes most of the Restructuring accounts.
• Provisions came at Rs. 2852 Cr (1.5%) vs expectation of Rs. 2600 Cr, QoQ Rs. 2883 Cr (1.7%).
• Also the bank utilized Rs. 1050 Cr of contingent provisions during the qtr but this was compensated by a change in provisioning policy which resulted in additional Rs. 1100 Cr of one off provisioning.
• The Bank held aggregate Covid-19 related provision of Rs. 6425 Cr (87 bps) vs QoQ Rs. 7,475 Cr.
• The Credit cost is expected to normalize to 1.2-1.3% once macros stabilize.
• Advances were at Rs. 7.39 Lac Cr and grew by 17% YoY (at 7 year high) & 1% QoQ. The domestic advances grew by 20% YoY and was flat sequentially.
• The retail loan portfolio (67% mix) grew by 20% year-on-year and was flat sequentially.
• Domestic corporate portfolio grew by 11% YoY. 90% of the disbursements in the corporate portfolio was to corporates rated A- and above. A- and above book now forms 73% of the outstanding loans against 56% in FY17.
• NIM was at 3.9% vs QoQ 3.8% & YoY 3.7%. NII increased 18% YoY.
• Opex grew by 30% YoY on the back of a low base. C/I ratio was at 40.4% vs QoQ 41.3% & YoY 30.1%.
• Core profit before provisioning growth (excl. one off other incomes) was healthy at 23% YoY.
Share is trading at P/E of 15x FY23E EPS & 2.6x trailing P/Adj. BV (adjusted for subsidiaries’ value of ~Rs. 130/share)
(Nirmal Bang Securities)
> Advances growth accelerates to 17% YoY (20% for domestic) at seven year highs
> Slippages, BB & Below book and Credit Costs disappoint; expected to remain elevated in Q2 but lower than Q1 levels; H2 to witness improvement
*Outlook: Neutral in near term; Positive in long term*
• Slippages have come in at Rs. 7231 Cr (3.9%) vs QoQ Rs. 5523 Cr (3.0%). Expectation was for ~Rs. 4,000 Cr (2.2%). Average during FY21 was at 2.5%. Retail slippages were at Rs. 6773 Cr while corporate slippages were at Rs. 458 Cr. (Jewellery loans slippages were at over Rs 1100 Cr). Management has guided for a consistent decline in slippages in coming qtrs – Q2 slippages are expected to be lower than Q1 and Q3 lower than Q2.
• Compared to 1st wave, asset quality has worsened more in second wave for CV financing and is better off in personal loans and credit cards.
• GNPA increased to 5.15% vs QoQ 4.96%. NNPA was flattish at 1.16% vs QoQ 1.14%.
• BB & Below book increased to Rs. 13,975 Cr (1.9%) vs QoQ Rs. 13,098 Cr (1.8%) & YoY Rs. 17,110 Cr (2.7%).
• Restructured book increased to Rs. 4672 Cr (0.6%) vs QoQ Rs. 3179 Cr (0.4%). The BB & Below book includes most of the Restructuring accounts.
• Provisions came at Rs. 2852 Cr (1.5%) vs expectation of Rs. 2600 Cr, QoQ Rs. 2883 Cr (1.7%).
• Also the bank utilized Rs. 1050 Cr of contingent provisions during the qtr but this was compensated by a change in provisioning policy which resulted in additional Rs. 1100 Cr of one off provisioning.
• The Bank held aggregate Covid-19 related provision of Rs. 6425 Cr (87 bps) vs QoQ Rs. 7,475 Cr.
• The Credit cost is expected to normalize to 1.2-1.3% once macros stabilize.
• Advances were at Rs. 7.39 Lac Cr and grew by 17% YoY (at 7 year high) & 1% QoQ. The domestic advances grew by 20% YoY and was flat sequentially.
• The retail loan portfolio (67% mix) grew by 20% year-on-year and was flat sequentially.
• Domestic corporate portfolio grew by 11% YoY. 90% of the disbursements in the corporate portfolio was to corporates rated A- and above. A- and above book now forms 73% of the outstanding loans against 56% in FY17.
• NIM was at 3.9% vs QoQ 3.8% & YoY 3.7%. NII increased 18% YoY.
• Opex grew by 30% YoY on the back of a low base. C/I ratio was at 40.4% vs QoQ 41.3% & YoY 30.1%.
• Core profit before provisioning growth (excl. one off other incomes) was healthy at 23% YoY.
Share is trading at P/E of 15x FY23E EPS & 2.6x trailing P/Adj. BV (adjusted for subsidiaries’ value of ~Rs. 130/share)
World Markets
Dow + 238
Nasdaq + 152
Dax + 155
Nikkei + 361
Hangseng - 575
Sgxnifty - 48 (15797)
Brent Crude 73.37
Dow Fut - 124
Dollar Index 92.91
Dow + 238
Nasdaq + 152
Dax + 155
Nikkei + 361
Hangseng - 575
Sgxnifty - 48 (15797)
Brent Crude 73.37
Dow Fut - 124
Dollar Index 92.91
Stocks To Watch
JSW Steel: To make strategic investment of Rs 750 crore in JSW Paints in 3-4 tranches between FY22-FY25. In the first tranche of the strategic investment, the company will acquire 1.62 crore shares of JSW Paints for Rs 299 crore. The company will hold 6.88% in JSW Paints on fully diluted basis by Q2.
IndusInd Bank: Board approved raising up to Rs 30,000 crore capital. Bank will raise funds by issuing debt and equity securities through routes including QIP, American Depository Receipts, Global Depositor Receipts. Bank to seek shareholder approval in upcoming annual general meeting.
Indian Bank: Declared Lanco Infratech and Basundhara Green Power as fraud accounts. The accounts have been reported to the RBI. Lanco Infratech’s account--which has an outstanding loan of Rs 577.47 crore--was reported for diversion of funds. Basundhara Green Power’s account—which has an outstanding loan of Rs 11.64 crore--was reported for defective title deed or imperfect mortgage.
NTPC: The 2nd Unit of 800 MW capacity of Darlipali Super Thermal Power Project has completed trial operation and was included in the installed capacity of NTPC. With this, the total installed capacity of NTPC and NTPC group has become 53,450 MW and 66,875 MW respectively.
Navkar Corporation: Board approved the setting up of Inland Container Depot and Private Freight Terminals near Mundra or Pipavav or Northern Maharashtra subject to receipt of requisite approvals and clearances. The cost of the project is estimated up to Rs 300 crore and it will be completed approximately within 36 months from date of commencement of development.
Suzlon Energy: Approved allotment of 1.21 crore equity shares on conversion of 1,304 US$ denominated Convertible Bonds due 2032. The bonds were of face value of $320 each, which after capitalising interest at 2.75% per annum accrued on half yearly basis, aggregated to $423,017.
United Spirits: Approved sale of all equity shares and compulsory convertible preferential shares held by the company in Hip Bar to Prasanna Natarajan, promoter of HipBar, for Rs 52 lakh. The sale is expected to be completed before October 31.
Nectar Lifesciences: To sell non-core and unproductive assets. Proceeds from sales to be used for repayment of bank loans. The office building at Mumbai falls under the non-core assets. Land and building situated at Narbada Industries in Jammu, Empty Hard Gelatin Capsules Unit in Himachal Pradesh and land and building at Basauli in Punjab have been categorised as unproductive assets.
Tata Steel BSL: Appointed Pratik Chatterjee as the Chief Financial Officer effective July 23.
BEML: Approved a plan under which it will transfer parcels of land and buildings to BEML Land Assets. The plan involves demerger of non-core assets from BEML and vesting them in BEML Land Assets. It will also involve reduction and cancellation of share capital of BEML Land Assets. The arrangement is subject to requisite statutory and regulatory approvals and sanction by the respective shareholders.
Engineers India: Has designated Vartika Shukla, Director (Technical) holding additional charge of Director (Finance), EIL as Chief Financial Officer of the company.
Earnings: Larsen & Toubro, Axis Bank, Tata Motors, Kotak Mahindra Bank, SBI Life Insurance Company, Vedanta, Alembic Pharmaceuticals, Apollo Pipes, Coromandel International, DLF, Mahindra & Mahindra Financial Services, Glaxosmithkline Pharmaceuticals, Jindal Stainless, Sun Pharma Advanced Research Company, Garden Reach Shipbuilders & Engineers, JTL Infra, Kirloskar Ferrous Industries Kabra Extrusiontechnik, KPIT Technologies, Navin Fluorine International, Phillips Carbon Black, Orient Bell, Rane Brake Lining, Ramkrishna Forgings, Tata Motors Ltd – DVR, Udaipur Cement Works, Vakrangee, Visaka Industries, VLS Finance, Zensar Technologies
JSW Steel: To make strategic investment of Rs 750 crore in JSW Paints in 3-4 tranches between FY22-FY25. In the first tranche of the strategic investment, the company will acquire 1.62 crore shares of JSW Paints for Rs 299 crore. The company will hold 6.88% in JSW Paints on fully diluted basis by Q2.
IndusInd Bank: Board approved raising up to Rs 30,000 crore capital. Bank will raise funds by issuing debt and equity securities through routes including QIP, American Depository Receipts, Global Depositor Receipts. Bank to seek shareholder approval in upcoming annual general meeting.
Indian Bank: Declared Lanco Infratech and Basundhara Green Power as fraud accounts. The accounts have been reported to the RBI. Lanco Infratech’s account--which has an outstanding loan of Rs 577.47 crore--was reported for diversion of funds. Basundhara Green Power’s account—which has an outstanding loan of Rs 11.64 crore--was reported for defective title deed or imperfect mortgage.
NTPC: The 2nd Unit of 800 MW capacity of Darlipali Super Thermal Power Project has completed trial operation and was included in the installed capacity of NTPC. With this, the total installed capacity of NTPC and NTPC group has become 53,450 MW and 66,875 MW respectively.
Navkar Corporation: Board approved the setting up of Inland Container Depot and Private Freight Terminals near Mundra or Pipavav or Northern Maharashtra subject to receipt of requisite approvals and clearances. The cost of the project is estimated up to Rs 300 crore and it will be completed approximately within 36 months from date of commencement of development.
Suzlon Energy: Approved allotment of 1.21 crore equity shares on conversion of 1,304 US$ denominated Convertible Bonds due 2032. The bonds were of face value of $320 each, which after capitalising interest at 2.75% per annum accrued on half yearly basis, aggregated to $423,017.
United Spirits: Approved sale of all equity shares and compulsory convertible preferential shares held by the company in Hip Bar to Prasanna Natarajan, promoter of HipBar, for Rs 52 lakh. The sale is expected to be completed before October 31.
Nectar Lifesciences: To sell non-core and unproductive assets. Proceeds from sales to be used for repayment of bank loans. The office building at Mumbai falls under the non-core assets. Land and building situated at Narbada Industries in Jammu, Empty Hard Gelatin Capsules Unit in Himachal Pradesh and land and building at Basauli in Punjab have been categorised as unproductive assets.
Tata Steel BSL: Appointed Pratik Chatterjee as the Chief Financial Officer effective July 23.
BEML: Approved a plan under which it will transfer parcels of land and buildings to BEML Land Assets. The plan involves demerger of non-core assets from BEML and vesting them in BEML Land Assets. It will also involve reduction and cancellation of share capital of BEML Land Assets. The arrangement is subject to requisite statutory and regulatory approvals and sanction by the respective shareholders.
Engineers India: Has designated Vartika Shukla, Director (Technical) holding additional charge of Director (Finance), EIL as Chief Financial Officer of the company.
Earnings: Larsen & Toubro, Axis Bank, Tata Motors, Kotak Mahindra Bank, SBI Life Insurance Company, Vedanta, Alembic Pharmaceuticals, Apollo Pipes, Coromandel International, DLF, Mahindra & Mahindra Financial Services, Glaxosmithkline Pharmaceuticals, Jindal Stainless, Sun Pharma Advanced Research Company, Garden Reach Shipbuilders & Engineers, JTL Infra, Kirloskar Ferrous Industries Kabra Extrusiontechnik, KPIT Technologies, Navin Fluorine International, Phillips Carbon Black, Orient Bell, Rane Brake Lining, Ramkrishna Forgings, Tata Motors Ltd – DVR, Udaipur Cement Works, Vakrangee, Visaka Industries, VLS Finance, Zensar Technologies
Who’s Meeting Whom
CRISIL: To meet Yes Securities on July 27, Briarwood Capital, NY on July 28 and Principal Asset Management on July 30.
CRISIL: To meet Yes Securities on July 27, Briarwood Capital, NY on July 28 and Principal Asset Management on July 30.
Trading Tweaks
Ex-Date AGM: Canara Bank
Ex-Date Final Dividend: NOCIL, Paushak
Ex-Date Bonus Issue: Tide Water Oil Company (India)
Ex-Stock Split: Tide Water Oil Company (India), Evexia Lifecare
Record Date Interim Dividend: Angel Broking
Price Band Revised From 20% To 10%: JSW Energy
Move Out Of Short-Term ASM Framework: Edelweiss Financial Services, Rane Brake Lining, Dolat Investments, Vishal Fabrics
Move Into ASM Framework: Vishal Fabrics, Mastek, Vimta Labs, JSW Energy, Sangam (India)
Move Out Of ASM Framework: Matrimony.Com, Paisalo Digital, NCC, SREI Infrastructure Finance, Ramky Infrastructure, Globus Spirits, Shree Renuka Sugars, Tata Teleservices (Maharashtra), Nagarjuna Fertilizers and Chemicals, Sastasundar Ventures
Ex-Date AGM: Canara Bank
Ex-Date Final Dividend: NOCIL, Paushak
Ex-Date Bonus Issue: Tide Water Oil Company (India)
Ex-Stock Split: Tide Water Oil Company (India), Evexia Lifecare
Record Date Interim Dividend: Angel Broking
Price Band Revised From 20% To 10%: JSW Energy
Move Out Of Short-Term ASM Framework: Edelweiss Financial Services, Rane Brake Lining, Dolat Investments, Vishal Fabrics
Move Into ASM Framework: Vishal Fabrics, Mastek, Vimta Labs, JSW Energy, Sangam (India)
Move Out Of ASM Framework: Matrimony.Com, Paisalo Digital, NCC, SREI Infrastructure Finance, Ramky Infrastructure, Globus Spirits, Shree Renuka Sugars, Tata Teleservices (Maharashtra), Nagarjuna Fertilizers and Chemicals, Sastasundar Ventures
Money Market Update
The rupee ended at 74.40 against the U.S. dollar on Friday as compared to Thursday's closing of 74.46.
The rupee ended at 74.40 against the U.S. dollar on Friday as compared to Thursday's closing of 74.46.
*Result Calendar of Major Companies: Updated List*
*26.07.2021: APLLTD, AXISBANK, COROMANDEL, DLF, KOTAKBANK, LARSEN, M&MFIN, NAVINFLUOR, SBILIFE, TATAMOTORS, VEDANTA*
*27.07.2021: CANBK, DALMIABH, DRREDDY, GRANULES, INDUSINDBK, INDIGO, RAMCOCEM, TORNTPHARM*
*28.07.2021: COFORGE, MGL, MARUTI, NESTLEIND, PFIZER, SRF, UBL*
*29.07.2021: AJANTPHARM, COLGATE, CONCOR, DEEPAKNI, LICHSG, PVR, TECHM, TVSMOTORS*
*30.07.2021: BANDHANBNK, BRITANNIA, BHEL, CHOLAFIN, EXIDE, IOCL, LALPATHLAB, SRTRANSFIN, MARICO, SUNPHARMA, UPL*
*31.07.2021: NTPC*
*02.08.2021: HDFC*
*03.08.2021: DABUR, GODREJPROP, TATACONS*
*04.08.2021: BOSCH, GODREJCP, HINDPETRO, TITAN*
*05.08.2021: ESCORTS*
*06.08.2021: BEL, BERGEPAINT, HINDALCO, TATAPOWER*
*10.08.2021: MOTHERSON, TRENT*
*11.08.2021: PIDILITIND*
*12.08.2021: ASHOKLEY, GNFC, HEROMOTOCO*
*14.08.2021: AMARAJABAT*
*26.07.2021: APLLTD, AXISBANK, COROMANDEL, DLF, KOTAKBANK, LARSEN, M&MFIN, NAVINFLUOR, SBILIFE, TATAMOTORS, VEDANTA*
*27.07.2021: CANBK, DALMIABH, DRREDDY, GRANULES, INDUSINDBK, INDIGO, RAMCOCEM, TORNTPHARM*
*28.07.2021: COFORGE, MGL, MARUTI, NESTLEIND, PFIZER, SRF, UBL*
*29.07.2021: AJANTPHARM, COLGATE, CONCOR, DEEPAKNI, LICHSG, PVR, TECHM, TVSMOTORS*
*30.07.2021: BANDHANBNK, BRITANNIA, BHEL, CHOLAFIN, EXIDE, IOCL, LALPATHLAB, SRTRANSFIN, MARICO, SUNPHARMA, UPL*
*31.07.2021: NTPC*
*02.08.2021: HDFC*
*03.08.2021: DABUR, GODREJPROP, TATACONS*
*04.08.2021: BOSCH, GODREJCP, HINDPETRO, TITAN*
*05.08.2021: ESCORTS*
*06.08.2021: BEL, BERGEPAINT, HINDALCO, TATAPOWER*
*10.08.2021: MOTHERSON, TRENT*
*11.08.2021: PIDILITIND*
*12.08.2021: ASHOKLEY, GNFC, HEROMOTOCO*
*14.08.2021: AMARAJABAT*
*Polycab – Q1FY22 Concall Update – Nirmal Bang Sec.*
*Outlook – Long Term Positive*
*_Second half is likely to be better than the first half of the year_*
The stock is trading at x FY22E consensus earnings
• Company’s performance has been encouraging, despite challenges posed by lockdown in many states
• On the growth side, construction activity has continued for better part of the quarter, albeit at a slower pace.
• On the flip side, raw material volatility continued. *The inflation in the input basket was in low-teens during the quarter and the blended price hike was in high single to just double-digit*. In mid-June, sharp correction in copper prices caused further complications to an improving demand scenario as dealers refrained from stocking in anticipation of price cuts. Accordingly, inventory levels in distribution channel dipped significantly with secondary sales tracking ahead of primary sales. The management believes this is a temporary sentimental setback and primarily will eventually catch up with underlying demand.
• *July seems to be panning out better than previous months. Retail outlets across the market are largely open at the moment and activity is picking up.*
• Cost saving initiatives were more than offset by unfavorable operating leverage and input cost volatility, this limited EBITDA margin to 7.3%. However, *management is confident of maintaining normal level of margins i.e. 11-13% EBITDA on full year basis*
• Polycab acquired Silvan Innovation Labs, last month. It is a Bangalore-based technology company focused on providing cutting edge automation offerings for homes, offices, banks, retail outlets, hotels and other spaces.
• Capex – Rs 300 cr for FY22
• *On 5 yr (by FY26) basis the company is targeting Rs20,000 cr revenues*
• Receivable days in current quarter were lower due to lower sales and inventory days were higher. The management expects both these numbers to normalise going forward.
• *Under project Udaan, the company has identified cost saving options to the tune of ~280 bps which would be reflected in coming 1-2 yrs*
• Generally, Q4 contributes around 28-30% of yearly sales whereas Q1 contributes 22%
*_Wires and Cables_*
• Wires and Cables revenue doubled on YoY basis despite challenges posed by the second wave
• Profitability was impacted by raw material inflation and adverse operating leverage
*_FMEG_*
• FMEG revenue increased by 39% YoY. The business momentum was affected by closure of retail shops across many large states.
• Fans grew in healthy double digits however lockdowns in April and May, which are key summer stocking periods, hurt the momentum. Premiumization trend continued.
• Adverse operating leverage affected profitability – due to higher fixed cost on two accounts (a) higher increments given to employees after 2 yrs (b) higher A&P spends
• *Maintained earlier guidance of high single digit EBIT margins in 2 yrs*
*Outlook – Long Term Positive*
*_Second half is likely to be better than the first half of the year_*
The stock is trading at x FY22E consensus earnings
• Company’s performance has been encouraging, despite challenges posed by lockdown in many states
• On the growth side, construction activity has continued for better part of the quarter, albeit at a slower pace.
• On the flip side, raw material volatility continued. *The inflation in the input basket was in low-teens during the quarter and the blended price hike was in high single to just double-digit*. In mid-June, sharp correction in copper prices caused further complications to an improving demand scenario as dealers refrained from stocking in anticipation of price cuts. Accordingly, inventory levels in distribution channel dipped significantly with secondary sales tracking ahead of primary sales. The management believes this is a temporary sentimental setback and primarily will eventually catch up with underlying demand.
• *July seems to be panning out better than previous months. Retail outlets across the market are largely open at the moment and activity is picking up.*
• Cost saving initiatives were more than offset by unfavorable operating leverage and input cost volatility, this limited EBITDA margin to 7.3%. However, *management is confident of maintaining normal level of margins i.e. 11-13% EBITDA on full year basis*
• Polycab acquired Silvan Innovation Labs, last month. It is a Bangalore-based technology company focused on providing cutting edge automation offerings for homes, offices, banks, retail outlets, hotels and other spaces.
• Capex – Rs 300 cr for FY22
• *On 5 yr (by FY26) basis the company is targeting Rs20,000 cr revenues*
• Receivable days in current quarter were lower due to lower sales and inventory days were higher. The management expects both these numbers to normalise going forward.
• *Under project Udaan, the company has identified cost saving options to the tune of ~280 bps which would be reflected in coming 1-2 yrs*
• Generally, Q4 contributes around 28-30% of yearly sales whereas Q1 contributes 22%
*_Wires and Cables_*
• Wires and Cables revenue doubled on YoY basis despite challenges posed by the second wave
• Profitability was impacted by raw material inflation and adverse operating leverage
*_FMEG_*
• FMEG revenue increased by 39% YoY. The business momentum was affected by closure of retail shops across many large states.
• Fans grew in healthy double digits however lockdowns in April and May, which are key summer stocking periods, hurt the momentum. Premiumization trend continued.
• Adverse operating leverage affected profitability – due to higher fixed cost on two accounts (a) higher increments given to employees after 2 yrs (b) higher A&P spends
• *Maintained earlier guidance of high single digit EBIT margins in 2 yrs*
*New IPO Alert*
EXXARO TILES
Expected in first week of August 2021
Issue size 160 crores
Price band 118-120 (Approx)
*As IPO size is below Rs. 250 crores, this IPO will list in T2T segment*
Means Intra-day trading will not allowed and circuit filter will 5% after pre-open
EXXARO TILES
Expected in first week of August 2021
Issue size 160 crores
Price band 118-120 (Approx)
*As IPO size is below Rs. 250 crores, this IPO will list in T2T segment*
Means Intra-day trading will not allowed and circuit filter will 5% after pre-open
MCX: Q1 CONS NET PROFIT 398M RUPEES VS 564M (YOY) | 384M (QOQ) || Q1 REVENUE 876M RUPEES VS 730M (YOY)
*SGX Nifty -80 pts (15765) from last trade 15845 ,*
Nikkei +347 pts ,
Hangseng -496 pts ,
Now @6.57am .
Dow +238.20 pts ,Nsdq +152.39 pts, S&P
+44.31 pts, Bovespa -1093 pts , Ftse +59 pts , Dax +154 pts , Cac +87 pts , Crude @ $72.26 brl (+0.19), Brent @ $74.29 brl (+0.19) , Gold @ 1800.20 (-1.80), Silver @ $25.23 (+0.00), Euro @ $1.1769, JPY @ $110.55, INR @ 74.425
*Today's Corporate Action*
*26th Jul Ex Date*
EVEXIA
Stock Split From Rs.10/- to Rs.2/-
NITTAGELA
Dividend - Rs. - 3.0000
NOCIL
Final Dividend - Rs. - 2.0000
PAUSHAKLTD
Final Dividend - Rs. - 6.0000
TIDEWATER
Stock Split From Rs.5/- to Rs.2/-
TIDEWATER
Bonus issue 1:1
*Today's Key Results/Board Meetings*
*26-Jul-21*
APLLTD
General;Quarterly Results
APOLLOPIPES
Quarterly Results
AXISBANK
Quarterly Results
BOMBWIR
Quarterly Results
CHEMOPH
A.G.M.;Quarterly Results
COROMANDEL
Quarterly Results
DLF
Dividend;Quarterly Results
DUNCANENG
Quarterly Results
GLAXO
Quarterly Results
GRSE
Audited Results
JSL
Quarterly Results
JTLINFRA
Quarterly Results
KABRAEXTRU
Quarterly Results
KIRLFER
Quarterly Results
KOTAKBANK
Quarterly Results
KPITTECH
Quarterly Results
KRISHNA
General
KZLFIN
Quarterly Results
LT
Quarterly Results
M&MFIN
Quarterly Results
MARVINY
Audited Results
MEDINOV
Quarterly Results
MEWATZI
Quarterly Results
NAVINFLUOR
Quarterly Results
ORIENTBELL
Quarterly Results
PHILIPCARB
Quarterly Results
PONDYOXIDE
Quarterly Results
RBL
Quarterly Results
RIDHISYN
Right Issue of Equity Shares
RKFORGE
Interim Dividend;Quarterly Results
SAGARSOFT
Preferential Issue of shares;Quarterly Results
SANJIVIN
Quarterly Results
SBILIFE
Quarterly Results
SCANSTL
Quarterly Results
SEIL
Quarterly Results
SPARC
Quarterly Results
STARLENT
General
TATAMOTORS
Quarterly Results
TATAMTRDVR
Audited Results
TRANOCE
Quarterly Results
UDAICEMENT
Quarterly Results
VAKRANGEE
Final Dividend;Quarterly Results
VEDL
Quarterly Results
VISAKAIND
Audited Results;Quarterly Results
VISHAL
Interim Dividend;General;Quarterly Results
VLSFINANCE
Quarterly Results
ZENSARTECH
Quarterly Results
*Stock under F&O ban on NSE*
*26-Jul-21*
1CADILAHC
2CANBK
3IDEA
4NATIONALUM
5SUNTV
Nikkei +347 pts ,
Hangseng -496 pts ,
Now @6.57am .
Dow +238.20 pts ,Nsdq +152.39 pts, S&P
+44.31 pts, Bovespa -1093 pts , Ftse +59 pts , Dax +154 pts , Cac +87 pts , Crude @ $72.26 brl (+0.19), Brent @ $74.29 brl (+0.19) , Gold @ 1800.20 (-1.80), Silver @ $25.23 (+0.00), Euro @ $1.1769, JPY @ $110.55, INR @ 74.425
*Today's Corporate Action*
*26th Jul Ex Date*
EVEXIA
Stock Split From Rs.10/- to Rs.2/-
NITTAGELA
Dividend - Rs. - 3.0000
NOCIL
Final Dividend - Rs. - 2.0000
PAUSHAKLTD
Final Dividend - Rs. - 6.0000
TIDEWATER
Stock Split From Rs.5/- to Rs.2/-
TIDEWATER
Bonus issue 1:1
*Today's Key Results/Board Meetings*
*26-Jul-21*
APLLTD
General;Quarterly Results
APOLLOPIPES
Quarterly Results
AXISBANK
Quarterly Results
BOMBWIR
Quarterly Results
CHEMOPH
A.G.M.;Quarterly Results
COROMANDEL
Quarterly Results
DLF
Dividend;Quarterly Results
DUNCANENG
Quarterly Results
GLAXO
Quarterly Results
GRSE
Audited Results
JSL
Quarterly Results
JTLINFRA
Quarterly Results
KABRAEXTRU
Quarterly Results
KIRLFER
Quarterly Results
KOTAKBANK
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*Stock under F&O ban on NSE*
*26-Jul-21*
1CADILAHC
2CANBK
3IDEA
4NATIONALUM
5SUNTV
*🌄 समाचार सुप्रभात🗞*
*25 जुलाई, 2021 रविवार*
➖➖➖➖➖
*♨️ Top Headlines*
*■ Mirabai Chanu opens India’s medal tally at Tokyo Olympics; clinches Silver medal*
*■ President Kovind, PM Modi congratulate Chanu for her stupendous performance*
*■ PM Modi to share his thoughts in Mann Ki Baat today*
*■ Over 42.78 crore COVID vaccine doses administered so far; Recovery rate stands at 97.35%*
*■ Lockdown in Aizawl extended till July 31*
*🇮🇳 NATIONAL*
*■ Home Minister Amit Shah inaugurates ISBT in Shillong*
*■ President Kovind on 4-day visit to J&K, Ladakh from today*
*■ ISCE Class 10th, ISC Class 12th results declared*
*■ Union govt caps Trade Margin for five medical devices*
*🌎 INTERNATIONAL*
*■ US Secretary of State Antony Blinken to visit India next week*
*■ US President Joe Biden pledged to continue support for Afghan National Defense and Security Forces: Prez Ashraf Ghani*
*■ Bangladesh to develop alternative social media platform for Facebook, Whatsapp*
*■ Japan sends 2.45 lakh AstraZeneca COVID vaccines to Bangladesh, 3 million doses to follow*
*■ Indian Railways' Oxygen Express transports 200 MT Liquid Medical Oxygen (LMO) to Bangladesh*
*🏀 SPORTS*
*■ Saurabh finishes first in qualification round to enter men’s 10m air pistol final*
*■ India beat New Zealand 3-2 in Pool A opening match in men’s hockey campaign*
*■ Women’s 10m air rifle: India fails to qualify for final round at Tokyo Olympics*
*🇭🇰 STATE*
*■ Relief & Rescue operations in full swing in rain affected Maharashtra, Karnataka and flood hit Bihar*
*◼For getting latest and Educational update join "Haryana Educational update" Facebook page*
*■ 17 bodies recovered from landslide debris in Ratnagiri district*
*■ TMC nominates former Prasar Bharati CEO Jawhar Sirkar to Rajya Sabha*
*■ Maharashtra CM visited Taliye village, reviewed rescue operation*
*■ Tamil Nadu Health Minister launched vaccination programme for children against Pneumonia & Brain Fever*
*💰BUSINESS*
*■ India's Forex reserves touch all-time high 612.73 billion dollars👍🏼*
_________
*❇️ मुख्य समाचार*
*■ तोक्यो ओलंपिक में भारत की शानदार शुरुआत, मीराबाई चानू ने पहला रजत पदक जीता, राष्ट्रपति और प्रधानमंत्री ने बधाई दी*
*■ प्रधानमंत्री आज सुबह 11 बजे आकाशवाणी से मन की बात कार्यक्रम में अपने विचार साझा करेंगे*
*■ देश में अब तक 42 करोड़ 78 लाख से अधिक कोविड टीके लगाये गए, स्वस्थ होने की दर 97.35 प्रतिशत हुई*
*■ महाराष्ट्र, कर्नाटक और बिहार के बाढग्रस्त इलाकों में राहत और बचाव कार्य जोर-शोर से जारी*
*■ आई सी एस सी ई ने दसवीं और आई एस सी ने बारहवीं कक्षा के परिणाम घोषित किए*
*🇮🇳 राष्ट्रीय*
*■ केंद्र ने राज्यों और केंद्र शासित प्रदेशों को अब तक कोविड के 44 करोड़ 53 लाख टीके उपलब्ध कराए*
*■ पड़ोसी देशों की मदद करने के प्रयास के तहत भारत जल्द ही बांग्लादेश को पहली ऑक्सीजन एक्सप्रेस भेजेगा*
*■ सीबीआई ने कल केंद्र शासित प्रदेश जम्मू-कश्मीर में फर्जी बंदूक लाइसेंस मामले में 22 ठिकानों पर छापेमारी की*
*■ राष्ट्रपति रामनाथ कोविंद ने राज्य में बाढ़ के कारण हुए जान-माल के नुकसान पर चिंता व्यक्त की*
*■ भारत में बच्चों के लिए कोविड टीकाकरण इस वर्ष सितम्बर में शुरू होने की उम्मीद*
*🌎 अंतरराष्ट्रीय*
*■ अफगानिस्तान : हवाई हमले में 20 आतंकवादी मारे गए*
*🏀 खेल जगत*
*■ तोक्यो ओलंपिक में भारत के निशानेबाज सौरभ चौधरी ने फाइनल में जगह बनाई*
*■ सौजन्य: शिक्षा जगत न्यूज ग्रुप- रेवाड़ी*
*🇭🇰 राज्य समाचार*
*■ कर्नाटक में उत्तर कन्नड़, शिवमोग्गा, कोडगु, बेलगावी, हावेरी, चिक्कमंगलुरु, धारवाड़, हासन और दावणगेरे जिलों में मूसलाधार वर्षा*
*■ गृह मंत्री अमित शाह ने मेघालय में कई परियोजनाओं का उद्घाटन किया*
*■ जम्मू- कश्मीर : अमरनाथ यात्रा की छडी मुबारक से संबंधित भूमि पूजन की रस्म अदा की गई*
*■ तेलंगाना में, 60 प्रतिशत से अधिक आबादी ने कोविड-19 के खिलाफ एंटीबॉडी विकसित कर ली है*
*■ मध्य प्रदेश में सोमवार से स्कूल खुल रहे हैं*
*💰व्यापार जगत*
*■ भारत का विदेशी मुद्रा भंडार 612 अरब 73 करोड़ डॉलर हुआ, अब तक का सर्वाधिक 👍🏼*
_🚫चेतावनी: इस न्यूज़ बुलेटिन में दिए गए आंकड़े व समाचार भारत सरकार की न्यूज एजेंसी से लिए गए हैं अपने स्तर पर उनमें किसी तरह का बदलाव ना करें इसके लिए आप स्वयं जिम्मेवार होंगे_
*25 जुलाई, 2021 रविवार*
➖➖➖➖➖
*♨️ Top Headlines*
*■ Mirabai Chanu opens India’s medal tally at Tokyo Olympics; clinches Silver medal*
*■ President Kovind, PM Modi congratulate Chanu for her stupendous performance*
*■ PM Modi to share his thoughts in Mann Ki Baat today*
*■ Over 42.78 crore COVID vaccine doses administered so far; Recovery rate stands at 97.35%*
*■ Lockdown in Aizawl extended till July 31*
*🇮🇳 NATIONAL*
*■ Home Minister Amit Shah inaugurates ISBT in Shillong*
*■ President Kovind on 4-day visit to J&K, Ladakh from today*
*■ ISCE Class 10th, ISC Class 12th results declared*
*■ Union govt caps Trade Margin for five medical devices*
*🌎 INTERNATIONAL*
*■ US Secretary of State Antony Blinken to visit India next week*
*■ US President Joe Biden pledged to continue support for Afghan National Defense and Security Forces: Prez Ashraf Ghani*
*■ Bangladesh to develop alternative social media platform for Facebook, Whatsapp*
*■ Japan sends 2.45 lakh AstraZeneca COVID vaccines to Bangladesh, 3 million doses to follow*
*■ Indian Railways' Oxygen Express transports 200 MT Liquid Medical Oxygen (LMO) to Bangladesh*
*🏀 SPORTS*
*■ Saurabh finishes first in qualification round to enter men’s 10m air pistol final*
*■ India beat New Zealand 3-2 in Pool A opening match in men’s hockey campaign*
*■ Women’s 10m air rifle: India fails to qualify for final round at Tokyo Olympics*
*🇭🇰 STATE*
*■ Relief & Rescue operations in full swing in rain affected Maharashtra, Karnataka and flood hit Bihar*
*◼For getting latest and Educational update join "Haryana Educational update" Facebook page*
*■ 17 bodies recovered from landslide debris in Ratnagiri district*
*■ TMC nominates former Prasar Bharati CEO Jawhar Sirkar to Rajya Sabha*
*■ Maharashtra CM visited Taliye village, reviewed rescue operation*
*■ Tamil Nadu Health Minister launched vaccination programme for children against Pneumonia & Brain Fever*
*💰BUSINESS*
*■ India's Forex reserves touch all-time high 612.73 billion dollars👍🏼*
_________
*❇️ मुख्य समाचार*
*■ तोक्यो ओलंपिक में भारत की शानदार शुरुआत, मीराबाई चानू ने पहला रजत पदक जीता, राष्ट्रपति और प्रधानमंत्री ने बधाई दी*
*■ प्रधानमंत्री आज सुबह 11 बजे आकाशवाणी से मन की बात कार्यक्रम में अपने विचार साझा करेंगे*
*■ देश में अब तक 42 करोड़ 78 लाख से अधिक कोविड टीके लगाये गए, स्वस्थ होने की दर 97.35 प्रतिशत हुई*
*■ महाराष्ट्र, कर्नाटक और बिहार के बाढग्रस्त इलाकों में राहत और बचाव कार्य जोर-शोर से जारी*
*■ आई सी एस सी ई ने दसवीं और आई एस सी ने बारहवीं कक्षा के परिणाम घोषित किए*
*🇮🇳 राष्ट्रीय*
*■ केंद्र ने राज्यों और केंद्र शासित प्रदेशों को अब तक कोविड के 44 करोड़ 53 लाख टीके उपलब्ध कराए*
*■ पड़ोसी देशों की मदद करने के प्रयास के तहत भारत जल्द ही बांग्लादेश को पहली ऑक्सीजन एक्सप्रेस भेजेगा*
*■ सीबीआई ने कल केंद्र शासित प्रदेश जम्मू-कश्मीर में फर्जी बंदूक लाइसेंस मामले में 22 ठिकानों पर छापेमारी की*
*■ राष्ट्रपति रामनाथ कोविंद ने राज्य में बाढ़ के कारण हुए जान-माल के नुकसान पर चिंता व्यक्त की*
*■ भारत में बच्चों के लिए कोविड टीकाकरण इस वर्ष सितम्बर में शुरू होने की उम्मीद*
*🌎 अंतरराष्ट्रीय*
*■ अफगानिस्तान : हवाई हमले में 20 आतंकवादी मारे गए*
*🏀 खेल जगत*
*■ तोक्यो ओलंपिक में भारत के निशानेबाज सौरभ चौधरी ने फाइनल में जगह बनाई*
*■ सौजन्य: शिक्षा जगत न्यूज ग्रुप- रेवाड़ी*
*🇭🇰 राज्य समाचार*
*■ कर्नाटक में उत्तर कन्नड़, शिवमोग्गा, कोडगु, बेलगावी, हावेरी, चिक्कमंगलुरु, धारवाड़, हासन और दावणगेरे जिलों में मूसलाधार वर्षा*
*■ गृह मंत्री अमित शाह ने मेघालय में कई परियोजनाओं का उद्घाटन किया*
*■ जम्मू- कश्मीर : अमरनाथ यात्रा की छडी मुबारक से संबंधित भूमि पूजन की रस्म अदा की गई*
*■ तेलंगाना में, 60 प्रतिशत से अधिक आबादी ने कोविड-19 के खिलाफ एंटीबॉडी विकसित कर ली है*
*■ मध्य प्रदेश में सोमवार से स्कूल खुल रहे हैं*
*💰व्यापार जगत*
*■ भारत का विदेशी मुद्रा भंडार 612 अरब 73 करोड़ डॉलर हुआ, अब तक का सर्वाधिक 👍🏼*
_🚫चेतावनी: इस न्यूज़ बुलेटिन में दिए गए आंकड़े व समाचार भारत सरकार की न्यूज एजेंसी से लिए गए हैं अपने स्तर पर उनमें किसी तरह का बदलाव ना करें इसके लिए आप स्वयं जिम्मेवार होंगे_
🌄 S̴h̴u̴b̴o̴u̴d̴h̴a̴y̴ : 26 Jul/श्रावण मास(Monday) ग्रीष्म ऋतू(23 सेप्टेंबर तक) {कृष्ण पक्ष}🙏🏻
╰────────────── ──────╯
Today's top News ➣➣➣➣➣➣➣➣➣➣➣➣➣
1. President Ram Nath Kovind on Sunday completed four years in office. He was sworn in as the 14th President of India on 25 July, 2017.
2. PM's monthly Mann Ki Baat: PM Modi pays tribute to Kargil martyrs, talks about Tokyo Olympics. PM stressed on 'Nation First, Always First' mantra, he said as the country enters its 75th year of Independence, every citizen should lead a "Bharat Jodo Andolan" in the same manner as Mahatma Gandhi had led the "Bharat Chhoro Andolan".
3. The Army, Navy, Air Force & NDRF rescued the people affected by floods in Maharashtra, Karnataka and Goa.
4. PM Modi has expressed grief over the accident caused by landslide near Basteri on Sangla-Chitkul road in Kinnaur, Himachal Pradesh. The horrifying incident was reported around 2:15 pm 25 Jul (Sunday), a vehicle carrying 11 tourists was hit by the landslide, out of which 9 were killed and 2 were injured.
5. Himachal CM Jairam Thakur expressed his grief over the incident. Govt announced an ex-gratia of Rs. 2 lakh from PMs National Relief Fund will be given to the next of kin & Rs. 50 thousand to the injured.
6. In Karnataka, suspense continued on the possible change CM B S Yediyurappa saying a decision on whether he will continue in office or not will be known by 26 Jul (Monday).
7. CBSE Class 10, 12 Board Exam 2021 results, the CBSE would make an announcement regarding Class 10, 12 results date and time on Monday (July 26).
8. Nearly 1,000 police personnel have been deployed by Uttarakhand on different inter-state border points to stop the movement of Kanwarias Kanwar Yatra in Haridwar district due to COVID restrictions.
9. Kerala reports 17,466 new COVID 19 cases.
10. Earthquake of 4.0 magnitude hits Sikkim @ 20:39:22 and the epicentre was in the East District of Sikkim: According to the India Meteorological Department.
11. Maharashtra’s Chief Minister Uddhav Thackeray, Union Minister Narayan Rane and Ramdas Athavale visited flood affected Konkan Region in Maharashtra.
12. Rajasthan Cabinet expansion likely by 10 August. AICC in-charge Ajay Maken will visit Rajasthan again on 28 July & 29 Jul.
13. All India Majlis-e-Ittehadul Muslimeen Supremo Asaduddin Owaisi's has denied reports of going for an alliance with the Samajwadi Party in the forthcoming Uttar Pradesh assembly polls.
14. Indian Air Force Recruitment 2021: The Indian Air Force has invited applications to fill vacancies in various Group 'C' posts of IAF. The age limit for all posts is 18-25 years as per the notice given in the Employment Newspaper. Class 10, 12 pass & graduates are eligible for this job.
15. Territorial Army Recruitment 2021: The candidates who are interested can submit their applications from 20 July _ 19 August 2021 on its official website - jointerritorialarmy . gov . in.
https://t.me/joinchat/UcN4VTpKsS42MzVl
Telegram link.
✈ INTERNATIONAL NEWS
1. US Secretary of State Antony Blinken will arrive in New Delhi on 28 Jul (Wednesday). the aim of the visit is to reaffirm the US commitment to strengthening partnerships between the two countries and underscore cooperation on shared priorities.
2. Indian Railways' Oxygen Express arrives in Bangladesh on 25 Jul ( Sunday). The train had started on 24 Jul (Saturday) morning from Tatanagar station in Jharkhand under the South Central Railway.
3. Bangladesh Foreign Minister Dr. Abdul Momen has expressed his condolences over the loss of lives and damage due to landslides caused by rains & floods in Maharashtra state.
🌎 WORLD NEWS 🌍
1. Bangladesh will vaccinate one crore people per month with COVID 19 vaccine. Health Minister Zahid Maleque said. He also said that 21 cr doses Bangladesh is collecting from various sources.
2. Japan sends 2.45 lakh AstraZeneca COVID vaccines to Bangladesh.
🚣🚴🏇🏁🏊 SPORTS:
1. *TOKYO OLYMPICS 2020 Day 4 : 26 Jul*
╰────────────── ──────╯
Today's top News ➣➣➣➣➣➣➣➣➣➣➣➣➣
1. President Ram Nath Kovind on Sunday completed four years in office. He was sworn in as the 14th President of India on 25 July, 2017.
2. PM's monthly Mann Ki Baat: PM Modi pays tribute to Kargil martyrs, talks about Tokyo Olympics. PM stressed on 'Nation First, Always First' mantra, he said as the country enters its 75th year of Independence, every citizen should lead a "Bharat Jodo Andolan" in the same manner as Mahatma Gandhi had led the "Bharat Chhoro Andolan".
3. The Army, Navy, Air Force & NDRF rescued the people affected by floods in Maharashtra, Karnataka and Goa.
4. PM Modi has expressed grief over the accident caused by landslide near Basteri on Sangla-Chitkul road in Kinnaur, Himachal Pradesh. The horrifying incident was reported around 2:15 pm 25 Jul (Sunday), a vehicle carrying 11 tourists was hit by the landslide, out of which 9 were killed and 2 were injured.
5. Himachal CM Jairam Thakur expressed his grief over the incident. Govt announced an ex-gratia of Rs. 2 lakh from PMs National Relief Fund will be given to the next of kin & Rs. 50 thousand to the injured.
6. In Karnataka, suspense continued on the possible change CM B S Yediyurappa saying a decision on whether he will continue in office or not will be known by 26 Jul (Monday).
7. CBSE Class 10, 12 Board Exam 2021 results, the CBSE would make an announcement regarding Class 10, 12 results date and time on Monday (July 26).
8. Nearly 1,000 police personnel have been deployed by Uttarakhand on different inter-state border points to stop the movement of Kanwarias Kanwar Yatra in Haridwar district due to COVID restrictions.
9. Kerala reports 17,466 new COVID 19 cases.
10. Earthquake of 4.0 magnitude hits Sikkim @ 20:39:22 and the epicentre was in the East District of Sikkim: According to the India Meteorological Department.
11. Maharashtra’s Chief Minister Uddhav Thackeray, Union Minister Narayan Rane and Ramdas Athavale visited flood affected Konkan Region in Maharashtra.
12. Rajasthan Cabinet expansion likely by 10 August. AICC in-charge Ajay Maken will visit Rajasthan again on 28 July & 29 Jul.
13. All India Majlis-e-Ittehadul Muslimeen Supremo Asaduddin Owaisi's has denied reports of going for an alliance with the Samajwadi Party in the forthcoming Uttar Pradesh assembly polls.
14. Indian Air Force Recruitment 2021: The Indian Air Force has invited applications to fill vacancies in various Group 'C' posts of IAF. The age limit for all posts is 18-25 years as per the notice given in the Employment Newspaper. Class 10, 12 pass & graduates are eligible for this job.
15. Territorial Army Recruitment 2021: The candidates who are interested can submit their applications from 20 July _ 19 August 2021 on its official website - jointerritorialarmy . gov . in.
https://t.me/joinchat/UcN4VTpKsS42MzVl
Telegram link.
✈ INTERNATIONAL NEWS
1. US Secretary of State Antony Blinken will arrive in New Delhi on 28 Jul (Wednesday). the aim of the visit is to reaffirm the US commitment to strengthening partnerships between the two countries and underscore cooperation on shared priorities.
2. Indian Railways' Oxygen Express arrives in Bangladesh on 25 Jul ( Sunday). The train had started on 24 Jul (Saturday) morning from Tatanagar station in Jharkhand under the South Central Railway.
3. Bangladesh Foreign Minister Dr. Abdul Momen has expressed his condolences over the loss of lives and damage due to landslides caused by rains & floods in Maharashtra state.
🌎 WORLD NEWS 🌍
1. Bangladesh will vaccinate one crore people per month with COVID 19 vaccine. Health Minister Zahid Maleque said. He also said that 21 cr doses Bangladesh is collecting from various sources.
2. Japan sends 2.45 lakh AstraZeneca COVID vaccines to Bangladesh.
🚣🚴🏇🏁🏊 SPORTS:
1. *TOKYO OLYMPICS 2020 Day 4 : 26 Jul*
Telegram
Shuboudhay Daily News
You’ve been invited to join this group on Telegram.
*FENCING* Women's Sabre Table of 64 Bhavani Devi vs Ben Azizi Nadi - 5:30 am
*ARCHERY* Men’s team round of 16 (Atanu Das, Pravin Jadhav, Tarundeep Rai) – 6:00 am & 11.45 Semi Final (if Qualified)
*SHOOTING* Men’s skeet qualification day 2 – Angad Bajwa, Mairaj Ahmad Khan – 6:30
*TABLE TENNIS Men’s* *singles round 2* – A. Sharath Kamal vs Tiago Apolonia – 6:30
*Women’s singles round 2* – Sutirtha Mukherjee vs Fu Yu – 8:30
*SAILING* Men’s laser race 3 – Vishnu Saravanan – 8:35
*BADMINTON* Men’s doubles group play – Satwiksairaj Rankireddy & Chirag Shetty vs Marcus Fernaldi Gideon & Kevin Sanjaya Sukamuljo – 9:10
*TENNIS* Sumit Nagal vs Daniil Medvedev - Not before 10:30
*WOMEN’S SINGLES ROUND 3* – Manika Batra vs Sofia Polcanova – Not before 11:00
*WOMEN’S LASER RADIAL RACE 3* – Nethra Kumanan – 11:05
*SHOOTING Final* Men’s skeet – 12:20
*SWIMMING* Men’s 200m butterfly heats – Sajan Prakash – 15:46
*BOXING* Middleweight – Ashish Kumar vs Erbieke Tuoheta – 15:06
*HOCKEY* Women’s team vs Germany – 17:45
2. IN SHOOTING 10 MTR AIR RIFLE MEN EVENT, Divyansh Singh Panwar & Deepak Kumar crashed out in Qualification event in the Tokyo Olympic Games. A score of 103.6 in series 6.
3. IN TABLE TENNIS: Sathiyan Gnanasekaran lost to Lam Siu Hang by 4-3 in Men’s singles event.
4. Olympic silver medallist in weightlifting Mirabai Chanu took to social media to thank the govt for all the support extended.
5. Six-time world champion M C Mary Kom (51kg) enters Olympic pre-quarters, Manish bows out after hard-fought loss in opening round
6. Medals Comparison
(G gold, S Slvr, B Brnz)
1. CHINA : 6G 1S 4B : 11
2. JAPAN : 5G 1S. : 06
3. USA : 4G 2S 4G : 10
India in 24th Posn with 01 Silver.
7. First T20I
Sri Lanka Vs India R.Premadasa Stadium, Colombo,
25 July, 2021
India 164/5. (20.0 ov)
Sri Lanka. 126/10 (18.3 ov)
India beat Sri Lanka by 38 runs
USD 74.43 💷GBP 102.33
Imphal (Manipur)
🥇 Gold ₹49,295©10 gm 24 (Krt)
🥈 Silver ₹67,198©Kg
⛽ Petrol ₹ 106.18
⛽ Diesel ₹ 93.85
LPG : ₹ 987/14.2 Kg
BSE Sensex 52,975.80
NIFTY : 15,856.50
Ⓝⓐⓥⓔⓔⓝ Ⓚⓤⓜⓐⓡ
🇮🇳 Facts about India 🇮🇳
*Kargil Vijay Diwas* , named after the successful Operation Vijay, is celebrated in India on 26 July. On this date in 1999 India successfully took command of the high outposts which had been lost to Pakistan. The Kargil war was fought for more than 60 days, ended on 26 July and resulted in loss of life on both the sides. The war ended with India regaining control of all the previously held territory, hence re-establishing the the state existing before the war. Indian Army launched a daring assault at *Zulu High in Muskoh Valley.* Undaunted braveness and unflinching willpower of our troops led to profitable seize of the target.
*😀Thought of the day*
A life spent making mistakes is not only more honorable, but more useful, than a life spent doing nothing
*Joke of the day*
कोरोना से डरें नहीं सतर्क रहें..
बस यूं समझो जैसे बीवी सो रही हो और पड़ोसन नींबू मांगने आ गई हो! 😜🤪😂
*😳Why❓❓❓*
*Know Kargil War happened in 1999*
🚀🚁💥🔥👮🏻♂️
During the summer of May-July 1999, the tedious Kargil War was fought between India and Pakistan. In May 1999, the Pakistan Army infiltrated into Indian territory in remote locations using subterfuge and captured several mountain tops overlooking the strategic Srinagar-Leh highway. When India sent a survey mission to confirm intrusions into India, five jawans were taken into captivity by the Pakistani Army, triggering an Indian Airforce attack 'Operation Vijay'.
For the first time in 20 years, India launched strikes against militants in Kashmir beginning 'Operation Vijay', promising to continue doing so till the last of the militants were evicted from the Indian soil in Kashmir. During the continuing airstrike, India lost two of its aircraft (MiG-27) with one pilot who had ejected being taken in as a prisoner of war by the Pakistan troops.
*ARCHERY* Men’s team round of 16 (Atanu Das, Pravin Jadhav, Tarundeep Rai) – 6:00 am & 11.45 Semi Final (if Qualified)
*SHOOTING* Men’s skeet qualification day 2 – Angad Bajwa, Mairaj Ahmad Khan – 6:30
*TABLE TENNIS Men’s* *singles round 2* – A. Sharath Kamal vs Tiago Apolonia – 6:30
*Women’s singles round 2* – Sutirtha Mukherjee vs Fu Yu – 8:30
*SAILING* Men’s laser race 3 – Vishnu Saravanan – 8:35
*BADMINTON* Men’s doubles group play – Satwiksairaj Rankireddy & Chirag Shetty vs Marcus Fernaldi Gideon & Kevin Sanjaya Sukamuljo – 9:10
*TENNIS* Sumit Nagal vs Daniil Medvedev - Not before 10:30
*WOMEN’S SINGLES ROUND 3* – Manika Batra vs Sofia Polcanova – Not before 11:00
*WOMEN’S LASER RADIAL RACE 3* – Nethra Kumanan – 11:05
*SHOOTING Final* Men’s skeet – 12:20
*SWIMMING* Men’s 200m butterfly heats – Sajan Prakash – 15:46
*BOXING* Middleweight – Ashish Kumar vs Erbieke Tuoheta – 15:06
*HOCKEY* Women’s team vs Germany – 17:45
2. IN SHOOTING 10 MTR AIR RIFLE MEN EVENT, Divyansh Singh Panwar & Deepak Kumar crashed out in Qualification event in the Tokyo Olympic Games. A score of 103.6 in series 6.
3. IN TABLE TENNIS: Sathiyan Gnanasekaran lost to Lam Siu Hang by 4-3 in Men’s singles event.
4. Olympic silver medallist in weightlifting Mirabai Chanu took to social media to thank the govt for all the support extended.
5. Six-time world champion M C Mary Kom (51kg) enters Olympic pre-quarters, Manish bows out after hard-fought loss in opening round
6. Medals Comparison
(G gold, S Slvr, B Brnz)
1. CHINA : 6G 1S 4B : 11
2. JAPAN : 5G 1S. : 06
3. USA : 4G 2S 4G : 10
India in 24th Posn with 01 Silver.
7. First T20I
Sri Lanka Vs India R.Premadasa Stadium, Colombo,
25 July, 2021
India 164/5. (20.0 ov)
Sri Lanka. 126/10 (18.3 ov)
India beat Sri Lanka by 38 runs
USD 74.43 💷GBP 102.33
Imphal (Manipur)
🥇 Gold ₹49,295©10 gm 24 (Krt)
🥈 Silver ₹67,198©Kg
⛽ Petrol ₹ 106.18
⛽ Diesel ₹ 93.85
LPG : ₹ 987/14.2 Kg
BSE Sensex 52,975.80
NIFTY : 15,856.50
Ⓝⓐⓥⓔⓔⓝ Ⓚⓤⓜⓐⓡ
🇮🇳 Facts about India 🇮🇳
*Kargil Vijay Diwas* , named after the successful Operation Vijay, is celebrated in India on 26 July. On this date in 1999 India successfully took command of the high outposts which had been lost to Pakistan. The Kargil war was fought for more than 60 days, ended on 26 July and resulted in loss of life on both the sides. The war ended with India regaining control of all the previously held territory, hence re-establishing the the state existing before the war. Indian Army launched a daring assault at *Zulu High in Muskoh Valley.* Undaunted braveness and unflinching willpower of our troops led to profitable seize of the target.
*😀Thought of the day*
A life spent making mistakes is not only more honorable, but more useful, than a life spent doing nothing
*Joke of the day*
कोरोना से डरें नहीं सतर्क रहें..
बस यूं समझो जैसे बीवी सो रही हो और पड़ोसन नींबू मांगने आ गई हो! 😜🤪😂
*😳Why❓❓❓*
*Know Kargil War happened in 1999*
🚀🚁💥🔥👮🏻♂️
During the summer of May-July 1999, the tedious Kargil War was fought between India and Pakistan. In May 1999, the Pakistan Army infiltrated into Indian territory in remote locations using subterfuge and captured several mountain tops overlooking the strategic Srinagar-Leh highway. When India sent a survey mission to confirm intrusions into India, five jawans were taken into captivity by the Pakistani Army, triggering an Indian Airforce attack 'Operation Vijay'.
For the first time in 20 years, India launched strikes against militants in Kashmir beginning 'Operation Vijay', promising to continue doing so till the last of the militants were evicted from the Indian soil in Kashmir. During the continuing airstrike, India lost two of its aircraft (MiG-27) with one pilot who had ejected being taken in as a prisoner of war by the Pakistan troops.
Soon, Indian Prime Minister Atal Bihari Vajpayee declares the Kargil situation - 'War-like situation', with IAF continuing its assault on suspected infiltrators holed up in the Himalayas with fresh airstrikes.
As Pakistan returned the mutilated bodies of six Indian soldiers, talks between India and Pakistan broke down while India continued its airstrikes. On July 26, the Indian Army recaptured all the Indian posts in Kargil which had been occupied by the Pakistani Army, a coup that was orchestrated by the then Pakistan army chief General Pervez Musharraf, while Sharif and US President Bill Clinton meet in Washington to take 'concrete steps will be taken' to restore the Line of Control.
Relenting to India's attacks, Sharif announces pull-out of Pakistani troops from Kargil and India declares ' *Operation Vijay'* a success - bringing an end to the war on July 26.
*LEARN Sanskrit*🙏🏻
*विक्रम* : valorous—one who is wise, brave and strong as well as victorious
🤔 *How it works* ⁉
🔫Weapons such as cannons, shotguns and rifles, work on the basic idea of conservation of momentum and the change in energy from potential to kinetic.
All firearm uses the basic principles. First, the trigger is pulled, then causing a firing pin to strike the primer, the primer fire up the gunpowder and the flaming powder generates pressure, the pressure pushes the bullet down the barrel and out the muzzle.
When the trigger is pulled the hammer hits the firing pin. The firing pin then hits the primer which causes the powder to burn hence producing lots of gases.
The bullet is propelled through the barrel, it gains momentum. In order for the entire system of the gun and the ammunition to have equal momentum, the gun must gain momentum in the opposite direction from the bullet. (momentum = mass x velocity)
💁🏻♂️ *GK TODAY*
The *Param Vir Chakra*🏅 (PVC) is India's highest military decoration, awarded for displaying distinguished acts of valour during wartime. The medal of the PVC was designed by Savitri Khanolkar, whose daughter's brother-in-law, Major Somnath Sharma, was coincidentally awarded the first PVC. As of January 2018, the medal has been awarded 21 times,
*At present living legend's who received PVC:*
Subedar Major Bana Singh, Subedar Sanjay Kumar and Subedar Yogendra Singh Yadav, are the only living recipients of the award.
🛕 *VEDIK GYAN*
*Why do sculptures in temples have nude and erotic figures if ancient Indians were not open & free?*
God for sex - Kamadeva. So it is only natural that we have erotic sculptures on our temples. There have been many questions raised on the reason behind having erotic sculptures and sexual imagery in a place otherwise considered so 'holy' and 'pure'. There are a few theories floating about but the most popular one seems to be that in order to enter a place so pure, you need to relieve yourself of all your desires and lust. It is by acceptance of lust & desire in you that you can learn to control it. Furthermore, these sculptures are always on the outer walls of temples meaning that the humans need to leave their desires outside before stepping in. In many Indian manuscripts, sex was considered to be spiritual and not hedonistic.
Sex is the essence of life. Sex is an essential part of life system. Without sex, not a single complex creature would have ever existed in this world, except for the creatures who could reproduce asexually. Our ancestors evaluated sex; they valued sex. But, that doesn’t mean that our ancestors were open about sex.
There is a great misconception among the 21st century people. We think that:-Ancient Indians were open about sex. They were free about sex. They encouraged promiscuity.
Mostly, these misconceptions generated because people have taken the erotic sculptures of Khajuraho and Konark temples as the only testimony to testify the then current social lifestyle., in those days sex was considered a mutual duty between a married couple. But now it has became a lust, addiction, doing for pleasure, no ethics, easy way of earning & etc...
As Pakistan returned the mutilated bodies of six Indian soldiers, talks between India and Pakistan broke down while India continued its airstrikes. On July 26, the Indian Army recaptured all the Indian posts in Kargil which had been occupied by the Pakistani Army, a coup that was orchestrated by the then Pakistan army chief General Pervez Musharraf, while Sharif and US President Bill Clinton meet in Washington to take 'concrete steps will be taken' to restore the Line of Control.
Relenting to India's attacks, Sharif announces pull-out of Pakistani troops from Kargil and India declares ' *Operation Vijay'* a success - bringing an end to the war on July 26.
*LEARN Sanskrit*🙏🏻
*विक्रम* : valorous—one who is wise, brave and strong as well as victorious
🤔 *How it works* ⁉
🔫Weapons such as cannons, shotguns and rifles, work on the basic idea of conservation of momentum and the change in energy from potential to kinetic.
All firearm uses the basic principles. First, the trigger is pulled, then causing a firing pin to strike the primer, the primer fire up the gunpowder and the flaming powder generates pressure, the pressure pushes the bullet down the barrel and out the muzzle.
When the trigger is pulled the hammer hits the firing pin. The firing pin then hits the primer which causes the powder to burn hence producing lots of gases.
The bullet is propelled through the barrel, it gains momentum. In order for the entire system of the gun and the ammunition to have equal momentum, the gun must gain momentum in the opposite direction from the bullet. (momentum = mass x velocity)
💁🏻♂️ *GK TODAY*
The *Param Vir Chakra*🏅 (PVC) is India's highest military decoration, awarded for displaying distinguished acts of valour during wartime. The medal of the PVC was designed by Savitri Khanolkar, whose daughter's brother-in-law, Major Somnath Sharma, was coincidentally awarded the first PVC. As of January 2018, the medal has been awarded 21 times,
*At present living legend's who received PVC:*
Subedar Major Bana Singh, Subedar Sanjay Kumar and Subedar Yogendra Singh Yadav, are the only living recipients of the award.
🛕 *VEDIK GYAN*
*Why do sculptures in temples have nude and erotic figures if ancient Indians were not open & free?*
God for sex - Kamadeva. So it is only natural that we have erotic sculptures on our temples. There have been many questions raised on the reason behind having erotic sculptures and sexual imagery in a place otherwise considered so 'holy' and 'pure'. There are a few theories floating about but the most popular one seems to be that in order to enter a place so pure, you need to relieve yourself of all your desires and lust. It is by acceptance of lust & desire in you that you can learn to control it. Furthermore, these sculptures are always on the outer walls of temples meaning that the humans need to leave their desires outside before stepping in. In many Indian manuscripts, sex was considered to be spiritual and not hedonistic.
Sex is the essence of life. Sex is an essential part of life system. Without sex, not a single complex creature would have ever existed in this world, except for the creatures who could reproduce asexually. Our ancestors evaluated sex; they valued sex. But, that doesn’t mean that our ancestors were open about sex.
There is a great misconception among the 21st century people. We think that:-Ancient Indians were open about sex. They were free about sex. They encouraged promiscuity.
Mostly, these misconceptions generated because people have taken the erotic sculptures of Khajuraho and Konark temples as the only testimony to testify the then current social lifestyle., in those days sex was considered a mutual duty between a married couple. But now it has became a lust, addiction, doing for pleasure, no ethics, easy way of earning & etc...
now a days we can't watch a movie comfortly with our family members. 🤦🏻♂️
Kamasutra & Vatsayana are nothing but books containing science regarding sex. Hindu temples were places of worship. But they had another purpose also. They were places of philosophy and knowledge. Since sex was considered essence of life, it was a science too. In ancient India, temples were treated like knowledge centers where people used to visit as pilgrimage.
To aware people about knowledge on sex these sculptures were added to the temples. Since these knowledge were made associated with temples, people considered these pious (as said before). In modern India, we can see awareness programmes on safe sex, contraceptive pills, condoms, family planning, etc. During ancient times, the temples were knowledge centers because it was a place of social gathering where lot of followers used to gather. Remember- TV, radio or other mass propagating media weren’t invented at that time.
🧬 HEALTH CARE:© HOME REMEDIES🩺
( Note : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*अजवाइन* *Ajwain* has been used as an ayurvedic medicine since ancient times. It is known to promote healthy digestion, treat flatulence and relieve constipation. And we all know that the first step to losing weight is to have a healthy digestive system.
Boiled Ajwain water not only promotes digestion but also boosts metabolism
*To Stop Greying of Hair*
Ajwain seeds help in halting pre-mature greying of hair. To prepare this mixture, add curry leaves, dry grapes, sugar and carom seeds in a single cup of water and cook. Drink one glass of this every day until you start seeing the results.
Ajwain seeds are rich in fiber, minerals, vitamins and antioxidants. They can even be chewed raw, to minimise *cough*
*Instant relief to Acidity:* Take 1 teaspoon of cumin and 1 teaspoon of carom seeds and add 1/2 teaspoon of ginger powder to it. Take this mix with water daily to cure heartburns
Regards
CH Nαʋҽҽɳ Kυɱαɾ...✒️
───────────────────╮
*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*
╰─────────────
Kamasutra & Vatsayana are nothing but books containing science regarding sex. Hindu temples were places of worship. But they had another purpose also. They were places of philosophy and knowledge. Since sex was considered essence of life, it was a science too. In ancient India, temples were treated like knowledge centers where people used to visit as pilgrimage.
To aware people about knowledge on sex these sculptures were added to the temples. Since these knowledge were made associated with temples, people considered these pious (as said before). In modern India, we can see awareness programmes on safe sex, contraceptive pills, condoms, family planning, etc. During ancient times, the temples were knowledge centers because it was a place of social gathering where lot of followers used to gather. Remember- TV, radio or other mass propagating media weren’t invented at that time.
🧬 HEALTH CARE:© HOME REMEDIES🩺
( Note : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*अजवाइन* *Ajwain* has been used as an ayurvedic medicine since ancient times. It is known to promote healthy digestion, treat flatulence and relieve constipation. And we all know that the first step to losing weight is to have a healthy digestive system.
Boiled Ajwain water not only promotes digestion but also boosts metabolism
*To Stop Greying of Hair*
Ajwain seeds help in halting pre-mature greying of hair. To prepare this mixture, add curry leaves, dry grapes, sugar and carom seeds in a single cup of water and cook. Drink one glass of this every day until you start seeing the results.
Ajwain seeds are rich in fiber, minerals, vitamins and antioxidants. They can even be chewed raw, to minimise *cough*
*Instant relief to Acidity:* Take 1 teaspoon of cumin and 1 teaspoon of carom seeds and add 1/2 teaspoon of ginger powder to it. Take this mix with water daily to cure heartburns
Regards
CH Nαʋҽҽɳ Kυɱαɾ...✒️
───────────────────╮
*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*
╰─────────────
*From the Business Media - 26 July 2021*
Economic Times
Ø Tariff hike right move, but may not raise Airtel ARPU: Analysts
Ø IFC lends $250 mn to HDFC to promote affordable green housing
Ø JSPL receives revised Rs 7,401 cr offer for arm Jindal Power
Ø Reliance to start gas production from MJ field in October-December 2022
Ø Expecting pick-up in demand, Ceat lines up investments to scale up production
Ø Zomato stock may sustain bullishness in the near term
Ø FPIs pull out Rs 5,689 cr from Indian equities in July so far
Ø ‘Govt’s capex push, emergence of new themes to help drive recovery’
Ø Gold imports jump multi-fold to $7.9 billion in April-June quarter
Ø China ‘ban’ on entry of Indian sailors, says seafarers’ body
Ø Rating companies report sharpest rise in upgrades, improvement in creditworthiness
Business Standard
Ø Status quo likely in September review of Nifty but not for long
Ø Gold bond sales gain momentum in India's second wave of Covid-19 infections
Ø Real money in market is made by remaining invested for long: Vikas Khemani
Ø FPIs pull out so far Rs 5,689 cr from Indian equities in July
Ø Gold price today at Rs 46,870 per 10 gm, silver trending at Rs 67,100 a kg
Ø Investment in P-notes continues to soar; hits 37-month high in June
Ø Sec 24A offences: Supreme Court says Sebi consent not mandatory
Ø Outlook for Cement companies remains strong; analysts bullish about sector
Ø Jio's Q1 net profit rises 45% YoY to Rs 3,651 crore; ARPU at Rs 138
Ø Gaining ground: B30 assets see 39% rise in a year, shows Amfi data
Financial Express
Ø Pulses acreage languishes, fuelling fears of price rise in November-December
Ø India improves ranking in trade facilitation aided by reforms
Ø HCL Technologies rating – Buy: Weak start to the fiscal for the company
Ø HDFC Life Insurance rating – Buy: Mortality reserves spike affected Q1
Ø Investors opening new trading, demat account from October to get choice of providing nomination: Sebi
TR
Ø Investment in P-notes continues to soar; hits 37-month high in June
Ø L&T construction arm bags orders in overseas, domestic market
Ø Steel prices may cool off after year-long rally
Ø Coffee exports declining, Covid causes shift in consumption patterns: Report
Mint
Ø IndusInd Bank to raise up to ₹30,000 cr through equity and debt
Ø India breaks into the top 10 list of agri produce exporters
Ø Future Retail misses servicing interest payment, extends the same by 30 days
Ø ITC Q1 profit up 29%, revenues grow 37%
Ø Govt may hike OBC creamy layer slab
Ø Domestic air passenger traffic bounce back in June
Ø Reliance Retail to benefit from JD’s evolution into a super app
Ø Dhanlaxmi Bank announces strategic alliance with SMC Global Securities
Ø Sebi says valuation must for all preferential allotment plans
Ø This engineering stock has doubled shareholders' money in one month
Ø Avigna to invest ₹837 cr to develop industrial parks in Tamil Nadu.
Economic Times
Ø Tariff hike right move, but may not raise Airtel ARPU: Analysts
Ø IFC lends $250 mn to HDFC to promote affordable green housing
Ø JSPL receives revised Rs 7,401 cr offer for arm Jindal Power
Ø Reliance to start gas production from MJ field in October-December 2022
Ø Expecting pick-up in demand, Ceat lines up investments to scale up production
Ø Zomato stock may sustain bullishness in the near term
Ø FPIs pull out Rs 5,689 cr from Indian equities in July so far
Ø ‘Govt’s capex push, emergence of new themes to help drive recovery’
Ø Gold imports jump multi-fold to $7.9 billion in April-June quarter
Ø China ‘ban’ on entry of Indian sailors, says seafarers’ body
Ø Rating companies report sharpest rise in upgrades, improvement in creditworthiness
Business Standard
Ø Status quo likely in September review of Nifty but not for long
Ø Gold bond sales gain momentum in India's second wave of Covid-19 infections
Ø Real money in market is made by remaining invested for long: Vikas Khemani
Ø FPIs pull out so far Rs 5,689 cr from Indian equities in July
Ø Gold price today at Rs 46,870 per 10 gm, silver trending at Rs 67,100 a kg
Ø Investment in P-notes continues to soar; hits 37-month high in June
Ø Sec 24A offences: Supreme Court says Sebi consent not mandatory
Ø Outlook for Cement companies remains strong; analysts bullish about sector
Ø Jio's Q1 net profit rises 45% YoY to Rs 3,651 crore; ARPU at Rs 138
Ø Gaining ground: B30 assets see 39% rise in a year, shows Amfi data
Financial Express
Ø Pulses acreage languishes, fuelling fears of price rise in November-December
Ø India improves ranking in trade facilitation aided by reforms
Ø HCL Technologies rating – Buy: Weak start to the fiscal for the company
Ø HDFC Life Insurance rating – Buy: Mortality reserves spike affected Q1
Ø Investors opening new trading, demat account from October to get choice of providing nomination: Sebi
TR
Ø Investment in P-notes continues to soar; hits 37-month high in June
Ø L&T construction arm bags orders in overseas, domestic market
Ø Steel prices may cool off after year-long rally
Ø Coffee exports declining, Covid causes shift in consumption patterns: Report
Mint
Ø IndusInd Bank to raise up to ₹30,000 cr through equity and debt
Ø India breaks into the top 10 list of agri produce exporters
Ø Future Retail misses servicing interest payment, extends the same by 30 days
Ø ITC Q1 profit up 29%, revenues grow 37%
Ø Govt may hike OBC creamy layer slab
Ø Domestic air passenger traffic bounce back in June
Ø Reliance Retail to benefit from JD’s evolution into a super app
Ø Dhanlaxmi Bank announces strategic alliance with SMC Global Securities
Ø Sebi says valuation must for all preferential allotment plans
Ø This engineering stock has doubled shareholders' money in one month
Ø Avigna to invest ₹837 cr to develop industrial parks in Tamil Nadu.
*Morning Action @ 7am – Monday, July 26th 2021*
In Friday’s trade, robust corporate profits cheer Wall Street as Dow Jones closes above the symbolic 35,000 milestone. Dow is up 14%+ for 2021.
*SGX Nifty is however not seen joining the conga-line of optimism.*
*“So for today’s trade, ‘what do you think of the market?’ is less interesting of a question than, ‘what stocks to buy?’”*
*7 AM GLOBAL UPDATE:*
# Dow (+238, 35062)
# Nasdaq (+152, 14837)
# SGX Nifty (-81, 15773)
# Brazil Bovespa (-1094, 125053)
# Nikkei (+401, 27950)
# Hang Seng (-496, 26826)
*MARKET TRENDS:*
# Global: Positive.
# FII: Negative (-163.31 Cr)
# DII: Positive (+2187.80 Cr)
# F&O: Nifty 15500-16200 zone
# Market Breadth: Uninspiring
# Sentiment: Precarious
# Technicals: Bullish
# Outlook: Nifty 16000+
*All ABOUT NIFTY & BANK NIFTY:*
*NIFTY (CMP 15856):*
#SUPPORT: 15707/15577
# RESISTANCE: 15963/16057
# RANGE: 15777-15977
# BIAS: Positive.
*BANK NIFTY (CMP 35034):*
# SUPPORT: 34357/33849
# RESISTANCE: 35407/36101
# RANGE: 34407-35407
# BIAS: Positive.
*THEME OF THE DAY:*
Technically speaking, the bulls are seen fighting back control, looking to recapture Nifty’s all-time-high at 15963 mark. If Nifty’s 15963 barrier is taken out convincingly then simply expect Nifty to rip to its psychological 16,000 mark and then aggressive targets at 16201 mark. Downside likely to be limited to 15700-15725 zone.
The price action for Nifty in near term is suggesting that we are likely to see a 15,500- 16200 range in near term.
The options data for July series suggests Nifty is likely to be in a trading range of 15500-16000 as maximum Call OI is at 16000 followed by 15800 strike price. Maximum Put open interest stands at 15000 levels followed by 15500 levels. Call writing was seen at 15700 and then at 15600 strike price, while there was meaningful Put writing at 15600 and then at 15200 strike prices.
*Q1 earnings to trickle in today:* AXIS BANK, KOTAK BANK, SBI LIFE, DLF, SPARC, NAVIN FLUORO, L&T, KPIT TECH, APLL, VEDL, M&M FIN.
*Disclaimer:* Our subscribers/clients may have positions in the stocks recommended in this note. Please note that the actual subscribers may receive additional information in real time not available to the viewers of this note.
This does not construe to be an investment advice. Stock market investments are subject to market risks. All information is a point of view, and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this blog being used for actual investments.
In Friday’s trade, robust corporate profits cheer Wall Street as Dow Jones closes above the symbolic 35,000 milestone. Dow is up 14%+ for 2021.
*SGX Nifty is however not seen joining the conga-line of optimism.*
*“So for today’s trade, ‘what do you think of the market?’ is less interesting of a question than, ‘what stocks to buy?’”*
*7 AM GLOBAL UPDATE:*
# Dow (+238, 35062)
# Nasdaq (+152, 14837)
# SGX Nifty (-81, 15773)
# Brazil Bovespa (-1094, 125053)
# Nikkei (+401, 27950)
# Hang Seng (-496, 26826)
*MARKET TRENDS:*
# Global: Positive.
# FII: Negative (-163.31 Cr)
# DII: Positive (+2187.80 Cr)
# F&O: Nifty 15500-16200 zone
# Market Breadth: Uninspiring
# Sentiment: Precarious
# Technicals: Bullish
# Outlook: Nifty 16000+
*All ABOUT NIFTY & BANK NIFTY:*
*NIFTY (CMP 15856):*
#SUPPORT: 15707/15577
# RESISTANCE: 15963/16057
# RANGE: 15777-15977
# BIAS: Positive.
*BANK NIFTY (CMP 35034):*
# SUPPORT: 34357/33849
# RESISTANCE: 35407/36101
# RANGE: 34407-35407
# BIAS: Positive.
*THEME OF THE DAY:*
Technically speaking, the bulls are seen fighting back control, looking to recapture Nifty’s all-time-high at 15963 mark. If Nifty’s 15963 barrier is taken out convincingly then simply expect Nifty to rip to its psychological 16,000 mark and then aggressive targets at 16201 mark. Downside likely to be limited to 15700-15725 zone.
The price action for Nifty in near term is suggesting that we are likely to see a 15,500- 16200 range in near term.
The options data for July series suggests Nifty is likely to be in a trading range of 15500-16000 as maximum Call OI is at 16000 followed by 15800 strike price. Maximum Put open interest stands at 15000 levels followed by 15500 levels. Call writing was seen at 15700 and then at 15600 strike price, while there was meaningful Put writing at 15600 and then at 15200 strike prices.
*Q1 earnings to trickle in today:* AXIS BANK, KOTAK BANK, SBI LIFE, DLF, SPARC, NAVIN FLUORO, L&T, KPIT TECH, APLL, VEDL, M&M FIN.
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This does not construe to be an investment advice. Stock market investments are subject to market risks. All information is a point of view, and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this blog being used for actual investments.
*Derivative Calculus @ 8am - Monday, July 26th 2021*
#Nifty July Futures ended Friday’s session at a discount of -11 vs discount of -01.
#The 29th July expiry Put-Call Open Interest Ratio was at 1.00 for Nifty whereas it was 0.93 for Bank Nifty.
#The 29th July expiry Put-Call Volume Ratio was at 0.87 for the Nifty and 0.91 for Bank Nifty.
#For Nifty, Maximum Call Open Interest (OI) stands at 16000 Strike Price, followed by 15900 Strike Price for 29th July Series. Short covering was seen at strike prices 15500-15700.
#Maximum Put Open Interest (OI) was seen at strike price 15000 followed by 15800 strike prices for 29th July series. Short buildup was seen at strike prices 15000-15300.
#For Bank Nifty, Maximum Call Open Interest (OI) stands at 35000 Strike Price and Maximum Put Open Interest stands at 35000 Strike Price.
#As per Friday’s provisional data available on the NSE, FIIs sold shares worth Rs. 163.31 crores in the Indian Equity Market. DIIs on the other hand bought shares worth Rs. 2187.80 crores in the Indian Equity market.
#Long Buildup: ITC, FEDERALBANK, ICICIBANK, HCLTECH.
#Short Buildup: TATAMOTORS, HDFCBANK, M&MFIN, TATACHEM.
#Short Covering: SUNPHARMA, HDFCLIFE, JINDALSTEL.
#Long Unwinding: NMDC, GRASIM, BEL, AUROPHARMA.
#Stocks banned in F&O segment: CADILA, CANBK, IDEA, NATIONALUM, SUNTV.
#New in Ban: IDEA.
#Out of Ban: IBULSHSGFIN, NMDC.
#Nifty July Futures ended Friday’s session at a discount of -11 vs discount of -01.
#The 29th July expiry Put-Call Open Interest Ratio was at 1.00 for Nifty whereas it was 0.93 for Bank Nifty.
#The 29th July expiry Put-Call Volume Ratio was at 0.87 for the Nifty and 0.91 for Bank Nifty.
#For Nifty, Maximum Call Open Interest (OI) stands at 16000 Strike Price, followed by 15900 Strike Price for 29th July Series. Short covering was seen at strike prices 15500-15700.
#Maximum Put Open Interest (OI) was seen at strike price 15000 followed by 15800 strike prices for 29th July series. Short buildup was seen at strike prices 15000-15300.
#For Bank Nifty, Maximum Call Open Interest (OI) stands at 35000 Strike Price and Maximum Put Open Interest stands at 35000 Strike Price.
#As per Friday’s provisional data available on the NSE, FIIs sold shares worth Rs. 163.31 crores in the Indian Equity Market. DIIs on the other hand bought shares worth Rs. 2187.80 crores in the Indian Equity market.
#Long Buildup: ITC, FEDERALBANK, ICICIBANK, HCLTECH.
#Short Buildup: TATAMOTORS, HDFCBANK, M&MFIN, TATACHEM.
#Short Covering: SUNPHARMA, HDFCLIFE, JINDALSTEL.
#Long Unwinding: NMDC, GRASIM, BEL, AUROPHARMA.
#Stocks banned in F&O segment: CADILA, CANBK, IDEA, NATIONALUM, SUNTV.
#New in Ban: IDEA.
#Out of Ban: IBULSHSGFIN, NMDC.
*Economic Calendar, Monday, July 26th 2021*
Japan: Manufacturing PMI (Jul), Services PMI, BoJ Core CPI (YoY)
Singapore: Industrial Production (YoY) (Jun), Industrial Production (MoM) (Jun)
Euro: German Business Expectations (Jul), German Ifo Business Climate Index (Jul), German Current Assessment (Jul), German 12-Month Bubill Auction
USA: New Home Sales (Jun), New Home Sales (MoM) (Jun), Dallas Fed Mfg Business Index (Jul), 3-Month Bill Auction, 6-Month Bill Auction, 2-Year Note Auction
Hong Kong: Imports (MoM) (Jun), Exports (MoM) (Jun), Trade Balance
Japan: Manufacturing PMI (Jul), Services PMI, BoJ Core CPI (YoY)
Singapore: Industrial Production (YoY) (Jun), Industrial Production (MoM) (Jun)
Euro: German Business Expectations (Jul), German Ifo Business Climate Index (Jul), German Current Assessment (Jul), German 12-Month Bubill Auction
USA: New Home Sales (Jun), New Home Sales (MoM) (Jun), Dallas Fed Mfg Business Index (Jul), 3-Month Bill Auction, 6-Month Bill Auction, 2-Year Note Auction
Hong Kong: Imports (MoM) (Jun), Exports (MoM) (Jun), Trade Balance
Brokrage Reports
ITC
MS: OW, TP Rs 251
CLSA: Buy, TP Rs 265
CITI: Neutral, TP Rs 210
ICICI BK
MS: OW, TP Raised to Rs 900
CLSA: Buy , TP Raised to Rs 940
USL
JPM: Neutral, TP Rs 640
GS: Buy, TP Rs 675
Macquarie: U-P, TP Rs 480
RIL
MS: OW, TP Rs 2262
Nomura: BUY, TP Rs 2400
Nomura on Ambuja Cements
Downgrade to Reduce after recent outperformance, TP Rs 360
SBI Cards
Bernstein: O-P, TP Rs 1330
JP Morgan: OW, TP Rs 1200
JSW Steel
Investec: Buy, TP Rs 860
Nomura: Neutral, TP Rs 747
ITC
MS: OW, TP Rs 251
CLSA: Buy, TP Rs 265
CITI: Neutral, TP Rs 210
ICICI BK
MS: OW, TP Raised to Rs 900
CLSA: Buy , TP Raised to Rs 940
USL
JPM: Neutral, TP Rs 640
GS: Buy, TP Rs 675
Macquarie: U-P, TP Rs 480
RIL
MS: OW, TP Rs 2262
Nomura: BUY, TP Rs 2400
Nomura on Ambuja Cements
Downgrade to Reduce after recent outperformance, TP Rs 360
SBI Cards
Bernstein: O-P, TP Rs 1330
JP Morgan: OW, TP Rs 1200
JSW Steel
Investec: Buy, TP Rs 860
Nomura: Neutral, TP Rs 747