https://mybs.in/2ZhYLKX Markets regulator Sebi cancels registration certificates of two brokers
Business-Standard
Markets regulator Sebi cancels registration certificates of two brokers
The brokers were members of NSEL and had facilitated trading in paired contracts on the NSEL platform.
🌟Good Morning All🌟
☀️ Share K Saudagars' Exclusive Morning Market News & Update☀️
🍁BPCL: Plans invest Rs 1 lakh crore over next 5 years in raising petrochemical production capacity, gas business, clean fuel, and augmenting marketing infrastructure, Chairman Arun Kumar Singh said during a conference. The company is also looking to create a 1,000 MW portfolio of renewable power generation capacity, mostly through acquisitions while also invest in biofuels and hydrogen, he added. The company plans to shut Bina plant for work next year; expects Mumbai plant to restart in first half of October. Divestment is expected by March.
🍁Allcargo Logistics: The company is considering selling a stake in its container shipping firm ECU Worldwide, according to a Bloomberg report. The company is working with an adviser on the sale of the stake. Allcargo is seeking a deal that would value ECU at about $1 billion.
🍁RIL: The company is in talks to buy a stake in Glance InMobi Pte, according to a Bloomberg report. RIL is considering investing about $300 million in the unicorn backed by Alphabet Inc.’s Google.
🍁Adani Enterprises: Adani Airport Holdings, a wholly owned subsidiary of the company, has signed share subscription agreement with April Moon Retail and its existing shareholders--Arjun Ahuja, Karan Ahuja, Aliya Ahuja and Kabir Ahuja--for the purpose of strategic partnership to operate duty free outlets in airports. Adani Airport Holdings to own 74% of April Moon Retail.
🍁Paisalo Digital: State Bank of India has signed a Service Level Agreement with the company, National Corporate Business Correspondent of the Bank, for promoting financial inclusion by providing banking services through kiosks.
🍁RBL Bank: RBI has imposed Rs 2 crore penalty on the bank for contravention of norms on maintaining deposits and guidelines governing appointment of directors on board. RBL Bank had opened five savings deposit accounts in the name of a cooperative bank, RBI said. Report for inspection of supervisory evaluation for FY19 revealed non-compliance.
🍁HDFC: Seeks to raise up to Rs 6000 crore via issue of secured NCDs private placement.
🍁NTPC: The company has won 1.9 GW solar projects under CPSU scheme.
🍁Websol Energy System: The Websol Module has been approved by the Government of India under the list of Approved Module Manufacturer. The company has also received approval of its module from BIS and IEC61215. The ALMM list and BIS certification has made Websol modules eligible to be sold in the domestic market for the project approved under the various schemes of the government.
🍁Raymond: Approves consolidation of the tools & hardware and auto components businesses into unit JK Files and real estate business wholly-owned unit
🍁IndiGo cut to Neutral at Goldman; price target Rs 1,950
Insider Trades
🎯Aegis Logistics: Promoter Trans Asia Petroleum Inc. bought 50,000 shares on September 23.
🎯Alkyl Amines Chemicals: Promoter Yogesh Kothari sold 3,877 shares on September 24.
🎯Brigade Enterprises: Promoter MR Shivram (HUF) sold 12,000 shares on September 23.
🎯Glenmark Pharmaceuticals: Promoter Glenn Saldanha bought 9,800 shares on September 24.
🎯Greenlam Industries: Promoter Saurabh Mittal sold 2.41 lakh shares on September 27.
🎯NRB Bearings: Promoter Harshbeena Zaveri bought 71,891 shares between September 21-24.
🎯Rajapalayam Mills: Promoter PV Nirmala Raju bought 25,130 shares on September 24.
Trading Tweaks
🔥Ex-Date AGM: BF Investment
🔥Ex-Date Final Dividend: Bajaj Healthcare
🔥Ex-Date Interim Dividend: Bajaj Holdings & Investment
🔥Ex-Date Special Dividend: Bajaj Healthcare
🔥Ex-Date Stock Split: Bajaj Healthcare
🔥Record Date Stock Split: Indo Borax
🔥Record Date Rights Issue: Bharti Airtel
🔥Record Date Interim Dividend: Cosmo Films
🔥Price Band Revised From 10% To 5%: Acrysil, Marathon Nextgen Realty
🔥Move Out Of Short-Term ASM Framework: Yes Bank
Money Market Update
🔸The rupee ended at 73.84 against the U.S. Dollar on Monday as compared to Friday's closing of 73.69.
☀️ Share K Saudagars' Exclusive Morning Market News & Update☀️
🍁BPCL: Plans invest Rs 1 lakh crore over next 5 years in raising petrochemical production capacity, gas business, clean fuel, and augmenting marketing infrastructure, Chairman Arun Kumar Singh said during a conference. The company is also looking to create a 1,000 MW portfolio of renewable power generation capacity, mostly through acquisitions while also invest in biofuels and hydrogen, he added. The company plans to shut Bina plant for work next year; expects Mumbai plant to restart in first half of October. Divestment is expected by March.
🍁Allcargo Logistics: The company is considering selling a stake in its container shipping firm ECU Worldwide, according to a Bloomberg report. The company is working with an adviser on the sale of the stake. Allcargo is seeking a deal that would value ECU at about $1 billion.
🍁RIL: The company is in talks to buy a stake in Glance InMobi Pte, according to a Bloomberg report. RIL is considering investing about $300 million in the unicorn backed by Alphabet Inc.’s Google.
🍁Adani Enterprises: Adani Airport Holdings, a wholly owned subsidiary of the company, has signed share subscription agreement with April Moon Retail and its existing shareholders--Arjun Ahuja, Karan Ahuja, Aliya Ahuja and Kabir Ahuja--for the purpose of strategic partnership to operate duty free outlets in airports. Adani Airport Holdings to own 74% of April Moon Retail.
🍁Paisalo Digital: State Bank of India has signed a Service Level Agreement with the company, National Corporate Business Correspondent of the Bank, for promoting financial inclusion by providing banking services through kiosks.
🍁RBL Bank: RBI has imposed Rs 2 crore penalty on the bank for contravention of norms on maintaining deposits and guidelines governing appointment of directors on board. RBL Bank had opened five savings deposit accounts in the name of a cooperative bank, RBI said. Report for inspection of supervisory evaluation for FY19 revealed non-compliance.
🍁HDFC: Seeks to raise up to Rs 6000 crore via issue of secured NCDs private placement.
🍁NTPC: The company has won 1.9 GW solar projects under CPSU scheme.
🍁Websol Energy System: The Websol Module has been approved by the Government of India under the list of Approved Module Manufacturer. The company has also received approval of its module from BIS and IEC61215. The ALMM list and BIS certification has made Websol modules eligible to be sold in the domestic market for the project approved under the various schemes of the government.
🍁Raymond: Approves consolidation of the tools & hardware and auto components businesses into unit JK Files and real estate business wholly-owned unit
🍁IndiGo cut to Neutral at Goldman; price target Rs 1,950
Insider Trades
🎯Aegis Logistics: Promoter Trans Asia Petroleum Inc. bought 50,000 shares on September 23.
🎯Alkyl Amines Chemicals: Promoter Yogesh Kothari sold 3,877 shares on September 24.
🎯Brigade Enterprises: Promoter MR Shivram (HUF) sold 12,000 shares on September 23.
🎯Glenmark Pharmaceuticals: Promoter Glenn Saldanha bought 9,800 shares on September 24.
🎯Greenlam Industries: Promoter Saurabh Mittal sold 2.41 lakh shares on September 27.
🎯NRB Bearings: Promoter Harshbeena Zaveri bought 71,891 shares between September 21-24.
🎯Rajapalayam Mills: Promoter PV Nirmala Raju bought 25,130 shares on September 24.
Trading Tweaks
🔥Ex-Date AGM: BF Investment
🔥Ex-Date Final Dividend: Bajaj Healthcare
🔥Ex-Date Interim Dividend: Bajaj Holdings & Investment
🔥Ex-Date Special Dividend: Bajaj Healthcare
🔥Ex-Date Stock Split: Bajaj Healthcare
🔥Record Date Stock Split: Indo Borax
🔥Record Date Rights Issue: Bharti Airtel
🔥Record Date Interim Dividend: Cosmo Films
🔥Price Band Revised From 10% To 5%: Acrysil, Marathon Nextgen Realty
🔥Move Out Of Short-Term ASM Framework: Yes Bank
Money Market Update
🔸The rupee ended at 73.84 against the U.S. Dollar on Monday as compared to Friday's closing of 73.69.
STOCKS TO WATCH: PAISALO DIGITAL, HDFC, IGL, BPCL, RELIANCE, WHIRLPOOL INDIA, NTPC, RAYMOND
World Markets
Dow + 71
Nasdaq - 78
Dax + 42
Nikkei - 205
Hangseng + 41
Sgxnifty - 2 (17860)
Brent Crude 78.45
Dow Fut - 42
Dollar Index 93.47
Dow + 71
Nasdaq - 78
Dax + 42
Nikkei - 205
Hangseng + 41
Sgxnifty - 2 (17860)
Brent Crude 78.45
Dow Fut - 42
Dollar Index 93.47
Britain’s energy woes trap vulnerable sector in perfect storm
https://insider-voice.com/britains-energy-woes-trap-vulnerable-sector-in-perfect-storm/
https://insider-voice.com/britains-energy-woes-trap-vulnerable-sector-in-perfect-storm/
Insider Voice
Britain's energy woes trap vulnerable sector in perfect storm - Insider Voice
Peter McGirr wanted to modernize the British consumer energy market when he founded Green three years ago, creating a customer base of more than 250,000 homes. Now, with the industry in crisis, he says it is “incredibly unlikely” that the Newcastle-based…
https://marcellus.in/blogs/credit-growth-and-per-capita-income-an-unforeseen-relationship/ retail credit is expected to grow by a CAGR of 17% for private sector banks and by 9% CAGR for public sector banks until 2026
Marcellus
Credit Growth And Per Capita Income – An Unforeseen Relationship - Marcellus
Globally, the relationship between overall credit growth and GDP growth is no longer as strong as it used to be three decades ago. However, in India’s case, the relationship, even though weaker as compared to the 1990s, is still robust. Moreover, as a country…
*Monetisation Push: Govt soon to have the National Land Monetisation Corporation*
https://www.moneycontrol.com/news/business/economy/monetisation-push-govt-soon-to-have-the-national-land-monetisation-corporation-7513521.html
*MTNL, ITI, BHEL, RCF* .. many more too - Land Monetization Candidates..
https://www.moneycontrol.com/news/business/economy/monetisation-push-govt-soon-to-have-the-national-land-monetisation-corporation-7513521.html
*MTNL, ITI, BHEL, RCF* .. many more too - Land Monetization Candidates..
Moneycontrol
Monetisation Push: Govt To Set Up National Land Monetisation Corporation Soon
About 3,500 acres of land and other non-core assets of CPSEs identified for monetisation
Morning Alert..
*Goldman Sachs sees Brent at $90 by Dec*
Oil price rise for a fifth straight day on Monday with Brent at its highest since Oct 2018 and heading for $80 amid supply concerns as demand picks up in parts of world with easing of Pandemic restrictions. Brcrude was up $1.63 or 2.1% to hit $79.72 a barrel during the day, having posted three straight weeks of gains.
*ICRA revises up FY22 GDP forecast to 9%*
Credit rating agency ICRA on Monday revised up its FY22 real GDP growth estimates for India to 9% from earlier 8.5%. It expects H2FY22 to have brighter prospects. It can be noted that after the 7.3% contraction in 2020-21 there were expectations of a higher growth number in FY22.
*Centre sets H2 borrowing target of Rs 5.03 Lakh Crore*
The Centre will borrow Rs 5.03 Lakh Crore from the market in H2 of FY22, or just about 42% of the budgeted full year target which has been kept unchanged at Rs 12.05 Lakh Crore despite the announcement of relief package in June.
*Commodity Play*
Gold – Rs 46024/10gm, Silver – Rs 60214/kg, Brcrude – Rs 5838/Barrel, Degumsyoil – Rs 1285/10kg, Copper – Rs 728/kg
*Corporate News*
RBL Bank – RBI slaps Rs 2Cr penalty on RBL Bank for deficiencies in regulatory compliances.
BPCL – Co. plans Rs 1 Lakh Crore investment in 5 years.
Vodafone Idea – Promoters may invest Rs 10,000 Cr in Voda Idea : Government.
HDFC Bank – Co raises Rs 5000Cr via Bonds
Sector in Focus - Automobiles, Metals, Banks, Paper & Realty.
*Goldman Sachs sees Brent at $90 by Dec*
Oil price rise for a fifth straight day on Monday with Brent at its highest since Oct 2018 and heading for $80 amid supply concerns as demand picks up in parts of world with easing of Pandemic restrictions. Brcrude was up $1.63 or 2.1% to hit $79.72 a barrel during the day, having posted three straight weeks of gains.
*ICRA revises up FY22 GDP forecast to 9%*
Credit rating agency ICRA on Monday revised up its FY22 real GDP growth estimates for India to 9% from earlier 8.5%. It expects H2FY22 to have brighter prospects. It can be noted that after the 7.3% contraction in 2020-21 there were expectations of a higher growth number in FY22.
*Centre sets H2 borrowing target of Rs 5.03 Lakh Crore*
The Centre will borrow Rs 5.03 Lakh Crore from the market in H2 of FY22, or just about 42% of the budgeted full year target which has been kept unchanged at Rs 12.05 Lakh Crore despite the announcement of relief package in June.
*Commodity Play*
Gold – Rs 46024/10gm, Silver – Rs 60214/kg, Brcrude – Rs 5838/Barrel, Degumsyoil – Rs 1285/10kg, Copper – Rs 728/kg
*Corporate News*
RBL Bank – RBI slaps Rs 2Cr penalty on RBL Bank for deficiencies in regulatory compliances.
BPCL – Co. plans Rs 1 Lakh Crore investment in 5 years.
Vodafone Idea – Promoters may invest Rs 10,000 Cr in Voda Idea : Government.
HDFC Bank – Co raises Rs 5000Cr via Bonds
Sector in Focus - Automobiles, Metals, Banks, Paper & Realty.
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Market Wizard
Mid Term Bumper Call Buy KDDL at CMP of 447 - 449 and dips till 420 Sl 410 Targets:- 460 - 466 - 473 - 480 - 488 - 500+ Above that we can see 520 - 550+ Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing.
KDDL all set to rocket 🚀🚀
Dont miss stock
Dont miss stock
Market Wizard
ADDED BCG AT 28.65
BCG 53.10❤️❤️❤️
UC LOCKED 🔐🔐
NEW 52 WEEK HIGH
767.65% RETURNS FROM OUR ORIGINAL BUY RECOMMENDATION OF 6.12 RS (7.65 PRE BONUS RATE)
UC LOCKED 🔐🔐
NEW 52 WEEK HIGH
767.65% RETURNS FROM OUR ORIGINAL BUY RECOMMENDATION OF 6.12 RS (7.65 PRE BONUS RATE)
Market Wizard
Short Term Super Duper Stock Buy PG Foils (BSE - 526747) at CMP of 144.5 - 147.5 and dips till 136 Sl 131 Targets:- 153 - 157 - 160 - 164 - 167+ Above 167 we can see 175 - 190+ Disclaimer:- I am not SEBI Registered. Please consult your financial advisor…
PG FOILS 412.85❤️❤️
UC LOCKED🔐🔐
NEW 52 WEEK HIGH
UC LOCKED🔐🔐
NEW 52 WEEK HIGH