GAS COS IN FOCUS | APM gas prices likely to increase by 60-70% from October 1 & 60% from April 1, 2022. Edelweiss says a hike of $1/mmBtu boosts ONGC’s PBT by Rs 3,800 cr (+14.6%) annualised l
*NEW FUTURE & OPTION ENTRY (F&O) FROM TOMORROW ONWARDS*
*ABOTT INDIA*
*CG POWER*
*DALMIA BHARAT*
*DELTA CORP*
*INDIA CEMENT*
*JK CEMENT*
*OBEROI REALITY*
*PERSISTENT SYSTEM*
*ABOTT INDIA*
*CG POWER*
*DALMIA BHARAT*
*DELTA CORP*
*INDIA CEMENT*
*JK CEMENT*
*OBEROI REALITY*
*PERSISTENT SYSTEM*
*Latest after the Bell @ 4PM – Thursday, September 30th 2021.*
# Nifty (-93, 17618)
# Sensex (-287, 59126)
# Adv-Dec 9 —— 40
# Nifty PCR 0.787
# Nifty MidCap (+0.25%, 8278)
# NiftySmallC (+0.76, 10890)
# BANK Nifty (-0.84%, 37425)
# Nifty IT (-0.58%, 35078)
# USD/INR (+0.10%, 74.22)
Nifty witnesses gravitational pull as bulls continue to take a break. Amonst sectorial indices, IT and Metal stocks were underperformers.
The relative calm at Dalal Street comes despite several global worries which are primarily linked to tapering.
All anxious eyes on Federal Reserve Chairman Powell who faces the cameras after reiterating his position that inflation should subside. Meanwhile, Congress in U.S is still grappling with the debt ceiling after moving to avert a shutdown. US GDP and German inflation figures are awaited.
Technically, Nifty held above its biggest support line at 17776 mark. The bulls will now anxiously await a solid recovery in the global equity markets that could act as a tailwind for the benchmark Nifty.
*The key highlights of today’s trade:*
# Nifty ends a volatile session lower.
# Bank Nifty (-0.84%) mirrors’ Nifty’s losses of 0.59%.
# Mid-cap & Small-cap indices trade with positive bias, up 0.25% and 0.76% respectively.
# VIX inches lower 2.31% at 18.40.
# Top Index Gainers: BAJAJ FINANCE (+2.11%) BAJAJ FINSERV (+2.11%) TATA MOTORS (+1.04%).
# Top Index Losers: POWERGRID (-2.82%) ASIAN PAINTS (-2.26%) SHREE CEMENTS (-2.15%).
OUR VIEW FOR FRIDAY’S TRADE:
Technically, all aggressive bullish eyes on Nifty’s all-time-highs at 17948 mark. Well, if Nifty powers higher above the 17948 mark, then expect — it will be all roses for our stock markets.
Alternatively, expect waterfall of selling below Nifty 17557 mark with downside risk at 17327 mark.
Perma-bulls’ will be hoping that Nifty Bulls’ pull out rabbits out of their hat and take the benchmark to the magical 18000+.
Long story short: Buying advised only above Nifty 17827 mark.
*ALL ABOUT NIFTY:*
Support: 17557/17321
Resistance: 17827/18007
Range: 17301-17801
21 DMA: 17509
50 DMA: 16794
200 DMA: 15351
Trend: Neutral
*BULLISH LOOKING STOCKS:*
# DIXON
# GAIL
# ASHOK LEYLAND
*BULLISH LOOKING STOCKS (LONG TERM):*
# HDFC BANK
# CANFIN HOMES
# NAM INDIA
*BEARISH LOOKING STOCKS:*
# BERGER PAINTS
# JUBILANT FOODS
# EICHER MOTORS
*STOCKS TO AVOID:*
# SRTRANSFIN
# APOLLO TYRES
# ULTRATECH
*Stay Tuned.*
*Disclaimer:* Investment/Trading in equities is subject to market risks. Notwithstanding all the efforts to do best research, clients should understand that investing in equities, involves a risk of loss of both.
# Nifty (-93, 17618)
# Sensex (-287, 59126)
# Adv-Dec 9 —— 40
# Nifty PCR 0.787
# Nifty MidCap (+0.25%, 8278)
# NiftySmallC (+0.76, 10890)
# BANK Nifty (-0.84%, 37425)
# Nifty IT (-0.58%, 35078)
# USD/INR (+0.10%, 74.22)
Nifty witnesses gravitational pull as bulls continue to take a break. Amonst sectorial indices, IT and Metal stocks were underperformers.
The relative calm at Dalal Street comes despite several global worries which are primarily linked to tapering.
All anxious eyes on Federal Reserve Chairman Powell who faces the cameras after reiterating his position that inflation should subside. Meanwhile, Congress in U.S is still grappling with the debt ceiling after moving to avert a shutdown. US GDP and German inflation figures are awaited.
Technically, Nifty held above its biggest support line at 17776 mark. The bulls will now anxiously await a solid recovery in the global equity markets that could act as a tailwind for the benchmark Nifty.
*The key highlights of today’s trade:*
# Nifty ends a volatile session lower.
# Bank Nifty (-0.84%) mirrors’ Nifty’s losses of 0.59%.
# Mid-cap & Small-cap indices trade with positive bias, up 0.25% and 0.76% respectively.
# VIX inches lower 2.31% at 18.40.
# Top Index Gainers: BAJAJ FINANCE (+2.11%) BAJAJ FINSERV (+2.11%) TATA MOTORS (+1.04%).
# Top Index Losers: POWERGRID (-2.82%) ASIAN PAINTS (-2.26%) SHREE CEMENTS (-2.15%).
OUR VIEW FOR FRIDAY’S TRADE:
Technically, all aggressive bullish eyes on Nifty’s all-time-highs at 17948 mark. Well, if Nifty powers higher above the 17948 mark, then expect — it will be all roses for our stock markets.
Alternatively, expect waterfall of selling below Nifty 17557 mark with downside risk at 17327 mark.
Perma-bulls’ will be hoping that Nifty Bulls’ pull out rabbits out of their hat and take the benchmark to the magical 18000+.
Long story short: Buying advised only above Nifty 17827 mark.
*ALL ABOUT NIFTY:*
Support: 17557/17321
Resistance: 17827/18007
Range: 17301-17801
21 DMA: 17509
50 DMA: 16794
200 DMA: 15351
Trend: Neutral
*BULLISH LOOKING STOCKS:*
# DIXON
# GAIL
# ASHOK LEYLAND
*BULLISH LOOKING STOCKS (LONG TERM):*
# HDFC BANK
# CANFIN HOMES
# NAM INDIA
*BEARISH LOOKING STOCKS:*
# BERGER PAINTS
# JUBILANT FOODS
# EICHER MOTORS
*STOCKS TO AVOID:*
# SRTRANSFIN
# APOLLO TYRES
# ULTRATECH
*Stay Tuned.*
*Disclaimer:* Investment/Trading in equities is subject to market risks. Notwithstanding all the efforts to do best research, clients should understand that investing in equities, involves a risk of loss of both.
Steel prices likely to increase by Rs 8000-10000 per MT due to increase of coking coal by 200$/MT in last 4 weeks, there by net increase of Rs 15000/-MT of steel.
Same period Iron ore prices were down by 1500/- per MT landed. Net saving due to iron ore price reduction may be Rs 2200/- per MT. These coking coal contracts are for November deliveries,
Net Iron ore and Coal required to produce 1MT of Steel shall be 400$ ( coal) and 130$ (iron ore) + 50$ /MT ( for Gerri alloy) of Carbon grade + 100$ Production cost . Means Liquid metal cost of Carbon grades shall be 680$ /MT
By November theoretically steel prices in India should go up by Rs 160 $/MT. (Rs 12000/ MT. Even if steel mills forgo their margin by Rs 4000/- MT still net increase required on account of raw materials are Rs 8000/- Per MT which May come in 2 lots first in October 4000/- and 4200/- by November
Same period Iron ore prices were down by 1500/- per MT landed. Net saving due to iron ore price reduction may be Rs 2200/- per MT. These coking coal contracts are for November deliveries,
Net Iron ore and Coal required to produce 1MT of Steel shall be 400$ ( coal) and 130$ (iron ore) + 50$ /MT ( for Gerri alloy) of Carbon grade + 100$ Production cost . Means Liquid metal cost of Carbon grades shall be 680$ /MT
By November theoretically steel prices in India should go up by Rs 160 $/MT. (Rs 12000/ MT. Even if steel mills forgo their margin by Rs 4000/- MT still net increase required on account of raw materials are Rs 8000/- Per MT which May come in 2 lots first in October 4000/- and 4200/- by November
ZEEL: INVESCO SAYS SHAREHOLDERS HAVE A RIGHT TO CALL FOR AN EGM POST 21 DAYS II INVESCO ALSO SAYS TOMORROW IS THE ONLY WORKING DAY FOR ZEE TO CALLL FOR EGM - CNBC TV 18
V MART RETAIL: CO HAS OPENED 5 NEW STORES IN INDIA
CESC: CO APPROVED ALLOTMENT OF NCD WORTH 400 CRORES RUPEES
STERLING AND WILSON SOLAR: CO WINS ORDER WORTH 1500 CRORE RUPEES
ABB POWER PRODUCTS: CO HAS SIGNED A MOU WITH THE INDIAN INSTITUTE OF TECHNOLOGY ROORKEE TO PROGRESS TOWARDS A SMART AND SUSTAINABLE CAMPUS ENERGY ECOSYSTEM
V MART RETAIL: CO HAS OPENED 5 NEW STORES IN INDIA
CESC: CO APPROVED ALLOTMENT OF NCD WORTH 400 CRORES RUPEES
STERLING AND WILSON SOLAR: CO WINS ORDER WORTH 1500 CRORE RUPEES
ABB POWER PRODUCTS: CO HAS SIGNED A MOU WITH THE INDIAN INSTITUTE OF TECHNOLOGY ROORKEE TO PROGRESS TOWARDS A SMART AND SUSTAINABLE CAMPUS ENERGY ECOSYSTEM
India's core industries mark 11.6% growth in August 2021: Government data
http://dhunt.in/mzwuu?s=a&uu=0x9f5ed8e2132aae76&ss=wsp
Source : "Hindustan Times" via Dailyhunt
Download Now
http://dhunt.in/DWND
http://dhunt.in/mzwuu?s=a&uu=0x9f5ed8e2132aae76&ss=wsp
Source : "Hindustan Times" via Dailyhunt
Download Now
http://dhunt.in/DWND
Dailyhunt
India's core industries mark 11.6% growth in August 2021: Government data
India's core industrial sector saw a growth of 11.6 per cent in the month of August, the Index of Eight Core Industries (ICI)
"Dollar hits one-year high, Wall Street headed for positive quarter"
https://www.investing.com/news/economy/asian-stocks-steady-as-calm-returns-but-jitters-keep-dollar-firm-2630503
https://www.investing.com/news/economy/asian-stocks-steady-as-calm-returns-but-jitters-keep-dollar-firm-2630503
Investing.com
Stocks extend decline as inflation fears persist By Reuters
Stocks extend decline as inflation fears persist
"Russia to raise rates further as inflation at highest since 2016: Reuters poll"
https://www.investing.com/news/economy/russia-to-raise-rates-further-as-inflation-at-highest-since-2016-reuters-poll-2631060
https://www.investing.com/news/economy/russia-to-raise-rates-further-as-inflation-at-highest-since-2016-reuters-poll-2631060
Investing.com
Russia to raise rates further as inflation at highest since 2016: Reuters poll By Reuters
Russia to raise rates further as inflation at highest since 2016: Reuters poll
"Czech central bank shocks with 75 basis-point interest rate increase"
https://www.investing.com/news/economy/czech-central-bank-shocks-with-75-basispoint-interest-rate-increase-2630997
https://www.investing.com/news/economy/czech-central-bank-shocks-with-75-basispoint-interest-rate-increase-2630997
Investing.com
Czech central bank shocks with 75 basis-point interest rate increase By Reuters
Czech central bank shocks with 75 basis-point interest rate increase
_*〽arket 〽⭕⭕D as on*_ 3️⃣0️⃣➖0️⃣9️⃣➖2⃣1️⃣ provisional @ 07:11 pm
*BSE Sensex-30* *_(P/E 30.77)_* *- 287 (59,126)* 🔽🙁
*BSEmidcap-150* *_(P/E 35.86)_* *+ 36 (8,727)* 🔼🙂
*BSE small cap-250* *_(P/E 34.19)_* *+ 27 (3,838)* 🔼🙂
*NSE Nifty-50* *_(P/E 26.98)_* *- 93 (17,618)* 🔽🙁
*NSE* *Bank Nifty* *_(P/E 24.32)_* *- 318 (37,425)* 🔽🙁
_*Fii Cash - 2,226 Crs*_ ☹️
*_Dii Cash + 97 Crs_* 😐
_*New 10 Yrs G'Sec. Benchmark 6.10 GS-2031 (Rs. 99.1025) YTM 6.2223 %*_ 🔼☹️
*Call:* - _*3.37 % (3.25 %)*_ 🔼
*TREP* : - _*3.31 % (3.34 %)*_ 🔽
_*REPO 3.31 % (3.32 %)*_ 🔽
*BrntCrude* _*77.83*_ *$/brl* & _*₹. 5,452*_ ↘️
*Gold Comex* _*1,741*_ *$/oz* *₹/10 gms* _*45,855*_ 🔼
*Silver Comexx* _*21.85*_ *$/oz* _*58,859* *₹/kg*_ 🔼
*ForeX*
*$/₹* *_74.22_* 🔽🙁
*€/₹* *_85.93_* 🔼☺️
*£/₹* *_100.00_* 🔽☹️
Data Compiled by: - _*Hitesh R. Pujara*_
_*Baroda Mutual Fund*_
(Not Responsible for Any Error)
*Baltic Exchange Dry Index + 235 (5,197)* ↗️
*_DJIA Future_* _*+ 72 (34,462)*_ 🔼🙂
*NASDAQ Future* _*+ 108 (14,861)*_🔼🙂
_*BTC / US$*_ Future *+ 1001 (43,141)* ↗️
*BSE Sensex-30* *_(P/E 30.77)_* *- 287 (59,126)* 🔽🙁
*BSEmidcap-150* *_(P/E 35.86)_* *+ 36 (8,727)* 🔼🙂
*BSE small cap-250* *_(P/E 34.19)_* *+ 27 (3,838)* 🔼🙂
*NSE Nifty-50* *_(P/E 26.98)_* *- 93 (17,618)* 🔽🙁
*NSE* *Bank Nifty* *_(P/E 24.32)_* *- 318 (37,425)* 🔽🙁
_*Fii Cash - 2,226 Crs*_ ☹️
*_Dii Cash + 97 Crs_* 😐
_*New 10 Yrs G'Sec. Benchmark 6.10 GS-2031 (Rs. 99.1025) YTM 6.2223 %*_ 🔼☹️
*Call:* - _*3.37 % (3.25 %)*_ 🔼
*TREP* : - _*3.31 % (3.34 %)*_ 🔽
_*REPO 3.31 % (3.32 %)*_ 🔽
*BrntCrude* _*77.83*_ *$/brl* & _*₹. 5,452*_ ↘️
*Gold Comex* _*1,741*_ *$/oz* *₹/10 gms* _*45,855*_ 🔼
*Silver Comexx* _*21.85*_ *$/oz* _*58,859* *₹/kg*_ 🔼
*ForeX*
*$/₹* *_74.22_* 🔽🙁
*€/₹* *_85.93_* 🔼☺️
*£/₹* *_100.00_* 🔽☹️
Data Compiled by: - _*Hitesh R. Pujara*_
_*Baroda Mutual Fund*_
(Not Responsible for Any Error)
*Baltic Exchange Dry Index + 235 (5,197)* ↗️
*_DJIA Future_* _*+ 72 (34,462)*_ 🔼🙂
*NASDAQ Future* _*+ 108 (14,861)*_🔼🙂
_*BTC / US$*_ Future *+ 1001 (43,141)* ↗️
*September Auto Sales Estimates YoY:*
*Ashok Leyland:* 10400 units versus 8344 units ( *Up 24.6%* )
*Tata Motors:* 57500 units versus 44444 units ( *Up 29.4%* )
*Escorts:* 10600 units versus 11851 units ( *Down 10.6%* )
*M&M Tractor:* 34800 units versus 43386 units ( *Down 19.8%* )
*M&M Auto:* 30100 units versus 35920 units ( *Down 16.2%* )
*Maruti:* 92000 units versus 160442 units ( *Down 42.6%* )
*Hero Motocorp:* 422000 units versus 715718 units ( *Down 41.0%* )
*TVS Motors:* 307300 units versus 327692 units ( *Down 6.2%* )
*Bajaj Auto:* 379400 units versus 441306 units ( *Down 14.0%* )
*Eicher Motors RE:* 45700 units versus 60041 units ( *Down 23.9%* )
*Ashok Leyland:* 10400 units versus 8344 units ( *Up 24.6%* )
*Tata Motors:* 57500 units versus 44444 units ( *Up 29.4%* )
*Escorts:* 10600 units versus 11851 units ( *Down 10.6%* )
*M&M Tractor:* 34800 units versus 43386 units ( *Down 19.8%* )
*M&M Auto:* 30100 units versus 35920 units ( *Down 16.2%* )
*Maruti:* 92000 units versus 160442 units ( *Down 42.6%* )
*Hero Motocorp:* 422000 units versus 715718 units ( *Down 41.0%* )
*TVS Motors:* 307300 units versus 327692 units ( *Down 6.2%* )
*Bajaj Auto:* 379400 units versus 441306 units ( *Down 14.0%* )
*Eicher Motors RE:* 45700 units versus 60041 units ( *Down 23.9%* )
ABB launches world's fastest electric car charger
https://economictimes.indiatimes.com/industry/renewables/abb-launches-worlds-fastest-electric-car-charger/articleshow/86636578.cms
https://economictimes.indiatimes.com/industry/renewables/abb-launches-worlds-fastest-electric-car-charger/articleshow/86636578.cms
The Economic Times
ABB launches world's fastest electric car charger
The device, which can deliver 100km of range in less than 3 minutes, will be available in Europe and the United States by the end of the year, it added.