India's FinTech adoption rate highest in the world at 87%, beats 64% global average: Piyush Goyal
https://www.moneycontrol.com/news/business/economy/indias-fintech-adoption-rate-highest-in-the-world-at-87-beats-64-global-average-piyush-goyal-7527351.html
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https://www.moneycontrol.com/news/business/economy/indias-fintech-adoption-rate-highest-in-the-world-at-87-beats-64-global-average-piyush-goyal-7527351.html
Download moneycontrol app: http://m.moneycontrol.com/mom
Moneycontrol
India's FinTech Adoption Rate Highest In The World At 87%, Beats 64% Global Average: Piyush Goyal
With more than 2,100 players and worth $31 billion, India's FinTech market is one of the fastest growing in the world, the Commerce and Industry Minister said. This is expected to grow to $84 billion by 2025.
Natural Gas priced increased to USD 2.90 per million British thermal unit for the six month period beginning 1 October. The new price represents a 62% increase from the April-September 2021 price of $1.79/mmBtu. This ison expected line. Neutral
Maruti expects October production to be at 60% of normal levels due to shortage of semiconductor chips with situation continuing to remain dynamic. Negative.
Bulk Deal as on 30-09-21
Associated Alcohol
- 1 Lk @ 451.68 Garnet Tradelink Pvt Ltd
Banswara Syntex
+ 6.76 Lk @ 153.2 Cofipalux Invest SA
- 6.80 Lk @ 153.2 Kotak Mahindra (International) Ltd
Just Dial
- 5.17 Lk @ 991.44 Nalanda India Equity Fund Ltd
Inox Wind Ltd
+ 17.50 Lk @ 98.9 Neomile Corporate Advisory Pvt Ltd
- 19.93 Lk @ 98.91 Devansh Trademart LLP
McLeod Russel
+ 16.15 Lk @ 34.87 Ekta Credit Pvt Ltd
- 12.56 Lk @ 34.86 Niraj Rajnikant Shah
Associated Alcohol
- 1 Lk @ 451.68 Garnet Tradelink Pvt Ltd
Banswara Syntex
+ 6.76 Lk @ 153.2 Cofipalux Invest SA
- 6.80 Lk @ 153.2 Kotak Mahindra (International) Ltd
Just Dial
- 5.17 Lk @ 991.44 Nalanda India Equity Fund Ltd
Inox Wind Ltd
+ 17.50 Lk @ 98.9 Neomile Corporate Advisory Pvt Ltd
- 19.93 Lk @ 98.91 Devansh Trademart LLP
McLeod Russel
+ 16.15 Lk @ 34.87 Ekta Credit Pvt Ltd
- 12.56 Lk @ 34.86 Niraj Rajnikant Shah
*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%* )
Maruti Suzuki India warns of production hit for second month due to chip shortage
https://economictimes.indiatimes.com/industry/auto/cars-uvs/maruti-suzuki-sees-impact-on-october-output-due-to-chip-shortage/articleshow/86650149.cms
https://economictimes.indiatimes.com/industry/auto/cars-uvs/maruti-suzuki-sees-impact-on-october-output-due-to-chip-shortage/articleshow/86650149.cms
The Economic Times
Maruti Suzuki India warns of production hit for second month due to chip shortage
Booming demand for consumer electronics and supply chain disruptions across the globe have led to an acute shortage of chips, forcing a number of car companies to drastically cut production as they try to secure limited semiconductor supplies.
BP invests about Rs 97 crore in BluSmart, its first fund in India
https://mybs.in/2Zi8af3
https://mybs.in/2Zi8af3
Business-Standard
BP invests about Rs 97 crore in BluSmart, its first fund in India
BluSmart will use the capital to expand its fleet of electric vehicles (EVs) and charging stations from its home city of Delhi to five additional Indian cities in the next two years
*SGX Nifty -150 pts (17461) from last trade 17611 ,*
Nikkei -444 pts ,
Hangseng clsd ,
Now @7.00am .
Dow -546.80 pts ,Nsdq -63.86 pts, S&P
-51.92 pts,, Bovespa -127 pts , Ftse -21 pts , Dax -104 pts , Cac -40 pts , Crude @ $75.27 brl (+0.24), Brent @ $78.52 brl (-0.00) , Gold @ 1754.70 (-2.30), Silver @ $22.115 (+0.06), Euro @ $1.1574, JPY @ $111.41, INR @ 74.176
*Today's Corporate Action*
*1st Oct Ex Date*
None
*Today's Key Results/Board Meetings*
*1-Oct-21*
AMBITION
Quarterly Results
LOHIASEC
Amalgamation
SUDTIND-B
Increase in Authorised Capital;General
UNIAUTO
Bonus issue;Increase in Authorised Capital
*Stock under F&O ban on NSE*
*1-Oct-21*
None
Nikkei -444 pts ,
Hangseng clsd ,
Now @7.00am .
Dow -546.80 pts ,Nsdq -63.86 pts, S&P
-51.92 pts,, Bovespa -127 pts , Ftse -21 pts , Dax -104 pts , Cac -40 pts , Crude @ $75.27 brl (+0.24), Brent @ $78.52 brl (-0.00) , Gold @ 1754.70 (-2.30), Silver @ $22.115 (+0.06), Euro @ $1.1574, JPY @ $111.41, INR @ 74.176
*Today's Corporate Action*
*1st Oct Ex Date*
None
*Today's Key Results/Board Meetings*
*1-Oct-21*
AMBITION
Quarterly Results
LOHIASEC
Amalgamation
SUDTIND-B
Increase in Authorised Capital;General
UNIAUTO
Bonus issue;Increase in Authorised Capital
*Stock under F&O ban on NSE*
*1-Oct-21*
None
*Market kya lagta hain @ 7.30 am – Friday, October 1st 2021.*
*SGX Nifty (-163, 17439)*
*When we were children, flying a kite was almost a religion to us. We are sure, most of us used to thoroughly enjoy flying the new kite.*
*It was every Childs wish that his kites should go higher and higher.* And like every other kid, we used to also feel depressed when our colorful kite used to get stuck in trees or on a wire.
*The optimism kite*, which was flying high on our markets till last September month probably also got stuck in a tree in yesterday’s trading session.
*Kati Patang..?*
*True, like a kite stuck in a tree, our markets too cannot fly high again*, unless the benchmark Nifty pulls out a rabbit from its hat. Looks like to move above 17827 hurdles, we will have to have some strong positive catalyst.
SGX Nifty at the time of publish is in red, signaling a weak cautious/nervous start. This nervousness is amidst series of risks linked to energy markets, China growth and U.S. fiscal policy.
Well, whatever may be the catalysts; *technically, bears are likely to be in control* and most importantly, come with more vengeance if Nifty slips below 17527 levels. Expect waterfall of selling below Nifty 17527 mark with downside risk at 17327 mark and then aggressive targets at 17011 mark.
*Wear your pink coated bullish glasses only above Nifty’s bighurdles at 17827 mark.*
Above 17827, sky is the limit.
Happiness Always!!
*Long story short:* Immediate downside risk at Nifty 17327-17500 zone. Buying advised only above 17827.
*Disclaimer:* 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.
*SGX Nifty (-163, 17439)*
*When we were children, flying a kite was almost a religion to us. We are sure, most of us used to thoroughly enjoy flying the new kite.*
*It was every Childs wish that his kites should go higher and higher.* And like every other kid, we used to also feel depressed when our colorful kite used to get stuck in trees or on a wire.
*The optimism kite*, which was flying high on our markets till last September month probably also got stuck in a tree in yesterday’s trading session.
*Kati Patang..?*
*True, like a kite stuck in a tree, our markets too cannot fly high again*, unless the benchmark Nifty pulls out a rabbit from its hat. Looks like to move above 17827 hurdles, we will have to have some strong positive catalyst.
SGX Nifty at the time of publish is in red, signaling a weak cautious/nervous start. This nervousness is amidst series of risks linked to energy markets, China growth and U.S. fiscal policy.
Well, whatever may be the catalysts; *technically, bears are likely to be in control* and most importantly, come with more vengeance if Nifty slips below 17527 levels. Expect waterfall of selling below Nifty 17527 mark with downside risk at 17327 mark and then aggressive targets at 17011 mark.
*Wear your pink coated bullish glasses only above Nifty’s bighurdles at 17827 mark.*
Above 17827, sky is the limit.
Happiness Always!!
*Long story short:* Immediate downside risk at Nifty 17327-17500 zone. Buying advised only above 17827.
*Disclaimer:* 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.
Revision in Market Lot of Derivatives Contracts on Individual Stocks for Jan 2022 & later expires
Insider Trades
Adani Green Energy: Promoter Infinite Trade and Investments bought 18 lakh shares on September 29.
Bajaj Holdings & Investment: Promoter Bachhraj & Company bought 44,424 shares between September 28-29.
Brigade Enterprises: Promoter MR Gurumurthy sold 17,237 shares on September 29.
Gati: Promoter TCI Finance sold 36,313 shares between September 27-29.
Karda Constructions: Promoters (Karamchand Karda and Bharti Karda) sold 1.60 crore shares between September 28-29.
Mahindra & Mahindra: Promoter Yuthica Mahindra sold 9,000 shares on September 29.
Adani Green Energy: Promoter Infinite Trade and Investments bought 18 lakh shares on September 29.
Bajaj Holdings & Investment: Promoter Bachhraj & Company bought 44,424 shares between September 28-29.
Brigade Enterprises: Promoter MR Gurumurthy sold 17,237 shares on September 29.
Gati: Promoter TCI Finance sold 36,313 shares between September 27-29.
Karda Constructions: Promoters (Karamchand Karda and Bharti Karda) sold 1.60 crore shares between September 28-29.
Mahindra & Mahindra: Promoter Yuthica Mahindra sold 9,000 shares on September 29.
Money Market Update
The rupee ended at 74.23 against the U.S. Dollar on Thursday as compared to Wednesday's closing of 74.15.
The rupee ended at 74.23 against the U.S. Dollar on Thursday as compared to Wednesday's closing of 74.15.
Who’s Meeting Whom
Shriram City Union Finance: To meet Prayaas Capital on October 1.
Tata Motors: To meet Morgan Stanley on October 1.
Shriram City Union Finance: To meet Prayaas Capital on October 1.
Tata Motors: To meet Morgan Stanley on October 1.
Pledge Share Details
Ajanta Pharma: Promoter Ravi Agrawal revoked pledge of 3.58 lakh shares on September 29.
Bharat Forge: Promoter Sundaram Trading & Investment created a pledge of 75 lakh shares on September 29.
JSW Holdings: Promoter OPJ Trading created a pledge of 75,000 shares on September 27.As reported on September 30.
Ajanta Pharma: Promoter Ravi Agrawal revoked pledge of 3.58 lakh shares on September 29.
Bharat Forge: Promoter Sundaram Trading & Investment created a pledge of 75 lakh shares on September 29.
JSW Holdings: Promoter OPJ Trading created a pledge of 75,000 shares on September 27.As reported on September 30.
Insider Trades
Adani Green Energy: Promoter Infinite Trade and Investments bought 18 lakh shares on September 29.
Adani Green Energy: Promoter Infinite Trade and Investments bought 18 lakh shares on September 29.
Introduction of Futures & Options Contracts on 8 Individual Securities w.e.f. October 01, 2021
1 ABBOTINDIA
2 CROMPTON
3 DALBHARAT
4 DELTACORP
5 INDIACEM
6 JKCEMENT
7 OBEROIRLTY
8 PERSISTENT
1 ABBOTINDIA
2 CROMPTON
3 DALBHARAT
4 DELTACORP
5 INDIACEM
6 JKCEMENT
7 OBEROIRLTY
8 PERSISTENT