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
Bajaj Electrical : Co. Says Co. stake in NIRLIP has Increased From 79.85% to 99.63 %
SPARC : Co. Says shareholder approved Fund Raising , Also approved continuation of transaction with sun pharma Global Ordinary FZE , Uae
Rane Holding : Rane Holdings Limited acquires further stake in RT4U
SRF : Co. says part Of Project for setting Up plants To Produce Speciality chemicals has been commissioned at ₹ 23.5 cr
NBCC :Co. gets order worth Rs 96.4 cr From National Health Mission
TCS :TCS Board To Consider 2nd Interim Dividend , Announce Q2 Result On 8 Oct.
PVR & INOX : PVR, INOX and Carnival Cinemas are looking beyond movie screenings to become full-fledged hospitality players. Now, they want consumers to eat their food not just at Cinemas, but even at home.
Power stocks : Delhi announces new power tariff, rates unchanged but bill may go up marginally
Power regulator DERC on announced new tariff for Delhi but did not raise the rates, saying it did not see any "good reasons" to do so. However, the power bill for consumers may increase marginally from October 1 as the Delhi Electricity Regulatory Commission (DERC) has increased the pension surcharge from 5 percent to 7 percent
MARUTI SUZUKI :Highlights shortage of Semiconductors Impacting October Production
Says currently estimated that the total vehicle production volume across Haryana Plant and Gujarat Plant could be around 60% of normal production
Cams ; IIFL Private Equity hits big returns with $50 mn CAMS exit
“IIFL PE had picked up the stake in CAMS when the company went public last year. They invested around ₹135 crore. They have been selling their stake over the last three months and have now completely exited the investment with stellar returns," said the person cited above, speaking on the condition of anonymity as he is not authorized to speak with the media.
SPARC : Co. Says shareholder approved Fund Raising , Also approved continuation of transaction with sun pharma Global Ordinary FZE , Uae
Rane Holding : Rane Holdings Limited acquires further stake in RT4U
SRF : Co. says part Of Project for setting Up plants To Produce Speciality chemicals has been commissioned at ₹ 23.5 cr
NBCC :Co. gets order worth Rs 96.4 cr From National Health Mission
TCS :TCS Board To Consider 2nd Interim Dividend , Announce Q2 Result On 8 Oct.
PVR & INOX : PVR, INOX and Carnival Cinemas are looking beyond movie screenings to become full-fledged hospitality players. Now, they want consumers to eat their food not just at Cinemas, but even at home.
Power stocks : Delhi announces new power tariff, rates unchanged but bill may go up marginally
Power regulator DERC on announced new tariff for Delhi but did not raise the rates, saying it did not see any "good reasons" to do so. However, the power bill for consumers may increase marginally from October 1 as the Delhi Electricity Regulatory Commission (DERC) has increased the pension surcharge from 5 percent to 7 percent
MARUTI SUZUKI :Highlights shortage of Semiconductors Impacting October Production
Says currently estimated that the total vehicle production volume across Haryana Plant and Gujarat Plant could be around 60% of normal production
Cams ; IIFL Private Equity hits big returns with $50 mn CAMS exit
“IIFL PE had picked up the stake in CAMS when the company went public last year. They invested around ₹135 crore. They have been selling their stake over the last three months and have now completely exited the investment with stellar returns," said the person cited above, speaking on the condition of anonymity as he is not authorized to speak with the media.
🌄 🇮🇳***𝐒𝐇𝐔𝐁𝐎𝐔𝐃𝐇𝐀𝐘𝐀***🙏🏻
*01 Oct (Friday)*
*Varsha Ritu* ⛈️
*Krishna पक्ष*::
*Month*: Ashvina
*Titi*: Dashami (up to 11:04 pm) later Ekadashi
*Vikram Samvat* - 2078
According to *Purnimanta* calender (Ujjain)
×××××××××××××××××××××××××××
*TODAYs TOP NEWS*
××××××××××××××××××××××××××
1. Over 89 crore COVID vaccine doses administered across country so far.
2. 69% of the country's adult population has received at least one dose of Covid-19 vaccine and 25% has been administered both the doses- Health Ministry
3. Vice President M. Venkaiah Naidu urged people to come forward and enroll themselves with Ayushman Bharat Digital Mission and get benefited from the historic reform.
4. Information and Broadcasting Minister Anurag Singh Thakur will launch a month-long Clean India Programme from Prayagraj today as part of Azadi Ka Amrit Mahotsav.
5. Union Minister Dr Jitendra Singh will launch a special campaign today on disposal of pendency in government during 2nd October to 31st October. The campaign is aimed at ensuring timely and effective disposal of Public Grievances, References from Members of Parliament, State Governments, Inter-Ministerial Consultations and Parliamentary Assurances.
6. Amidst threat of a possible third wave of COVID-19, the All India Institute of Ayurveda (AIIA) has developed an immunity boosting 'Bal Raksha Kit' for children up to the age of 16.
7. Sahitya Akademi is going to organise an all-India poetry festival on 02 Oct at Jain College auditorium to mark Azadi Ka Amrit Mahotsav and Mahatma Gandhi Jayanti.
8. *What is new scrap policy?*
The government's new Vehicle Scrappage Policy has laid down comprehensive guidelines about how old vehicles in the country will be scrapped or discarded. Under this new policy, government and commercial vehicles older than 15 years and private vehicles older than 20 years will be scrapped or destroyed.
Ministry of road transport and highways announced the detailed procedure of setting “Registered Vehicle Scrapping Facility (RVSF)” under the “vehicle scrapping policy”. Vehicle Scrapping Policy was launched in August 2021 by PM Modi. Registration of RVSF will be valid for 10 years and can be renewed for 10 more years, at a time.
9. *Andhra Pradesh* : The State Bank of India has rejected AP govt's Rs 6,500 crore 'overdraft' for implementing the Centrally Sponsored Schemes (CSS) in the state.
10. *Delhi*:. High Court Takes Up Delhi Court Shootout, Issues Notices To Cops, State, Centre
A bench of Chief Justice DN Patel and Justice Jyoti Singh issued notice to Delhi Police, Delhi government, and Centre as well as the Delhi High Court Bar Association and directed that suggestions in the form of an affidavit or a report be filed on the issue of maintaining security at courts.
11. *Karnataka* : BJP MLA M P Renukacharya and former legislator Jeevaraj Dwaramakki have been appointed as Karnataka Chief Minister Basavaraj Bommai's political secretaries.
12. *Maharashtra* : No Garba, Dandiya events as Brihanmumbai Municipal Corporation. issues new set of Navratri guidelines during Durga Puja Dusshera Festival.
13. *Meghalay* : The first-ever native female Chief Secretary was appointed by Meghalaya Government. Ms. Rebecca Vanessa Suchiang, a 1989 batch officer of Indian Administrative Service has taken over as the State Chief Secretary.
14. *Punjab*: Navjot Singh Sidhu will continue as the Punjab Congress chief and a coordination panel is likely to be set up, which is expected to be consulted before any major decisions by the Punjab govt in future.
××××× *DEFENCE* ×××××
1. Air Chief Marshal Vivek Ram Chaudhari took over as the Chief of Air Staff from Air Chief Marshal RKS Bhadauria on 30 Sep.
2. RKS Bhadauria superannuated after 42 years of service and was architect of two mega fighter aircraft deals including 36 Rafales and 83 Mark1A indigenous Tejas jets.
*01 Oct (Friday)*
*Varsha Ritu* ⛈️
*Krishna पक्ष*::
*Month*: Ashvina
*Titi*: Dashami (up to 11:04 pm) later Ekadashi
*Vikram Samvat* - 2078
According to *Purnimanta* calender (Ujjain)
×××××××××××××××××××××××××××
*TODAYs TOP NEWS*
××××××××××××××××××××××××××
1. Over 89 crore COVID vaccine doses administered across country so far.
2. 69% of the country's adult population has received at least one dose of Covid-19 vaccine and 25% has been administered both the doses- Health Ministry
3. Vice President M. Venkaiah Naidu urged people to come forward and enroll themselves with Ayushman Bharat Digital Mission and get benefited from the historic reform.
4. Information and Broadcasting Minister Anurag Singh Thakur will launch a month-long Clean India Programme from Prayagraj today as part of Azadi Ka Amrit Mahotsav.
5. Union Minister Dr Jitendra Singh will launch a special campaign today on disposal of pendency in government during 2nd October to 31st October. The campaign is aimed at ensuring timely and effective disposal of Public Grievances, References from Members of Parliament, State Governments, Inter-Ministerial Consultations and Parliamentary Assurances.
6. Amidst threat of a possible third wave of COVID-19, the All India Institute of Ayurveda (AIIA) has developed an immunity boosting 'Bal Raksha Kit' for children up to the age of 16.
7. Sahitya Akademi is going to organise an all-India poetry festival on 02 Oct at Jain College auditorium to mark Azadi Ka Amrit Mahotsav and Mahatma Gandhi Jayanti.
8. *What is new scrap policy?*
The government's new Vehicle Scrappage Policy has laid down comprehensive guidelines about how old vehicles in the country will be scrapped or discarded. Under this new policy, government and commercial vehicles older than 15 years and private vehicles older than 20 years will be scrapped or destroyed.
Ministry of road transport and highways announced the detailed procedure of setting “Registered Vehicle Scrapping Facility (RVSF)” under the “vehicle scrapping policy”. Vehicle Scrapping Policy was launched in August 2021 by PM Modi. Registration of RVSF will be valid for 10 years and can be renewed for 10 more years, at a time.
9. *Andhra Pradesh* : The State Bank of India has rejected AP govt's Rs 6,500 crore 'overdraft' for implementing the Centrally Sponsored Schemes (CSS) in the state.
10. *Delhi*:. High Court Takes Up Delhi Court Shootout, Issues Notices To Cops, State, Centre
A bench of Chief Justice DN Patel and Justice Jyoti Singh issued notice to Delhi Police, Delhi government, and Centre as well as the Delhi High Court Bar Association and directed that suggestions in the form of an affidavit or a report be filed on the issue of maintaining security at courts.
11. *Karnataka* : BJP MLA M P Renukacharya and former legislator Jeevaraj Dwaramakki have been appointed as Karnataka Chief Minister Basavaraj Bommai's political secretaries.
12. *Maharashtra* : No Garba, Dandiya events as Brihanmumbai Municipal Corporation. issues new set of Navratri guidelines during Durga Puja Dusshera Festival.
13. *Meghalay* : The first-ever native female Chief Secretary was appointed by Meghalaya Government. Ms. Rebecca Vanessa Suchiang, a 1989 batch officer of Indian Administrative Service has taken over as the State Chief Secretary.
14. *Punjab*: Navjot Singh Sidhu will continue as the Punjab Congress chief and a coordination panel is likely to be set up, which is expected to be consulted before any major decisions by the Punjab govt in future.
××××× *DEFENCE* ×××××
1. Air Chief Marshal Vivek Ram Chaudhari took over as the Chief of Air Staff from Air Chief Marshal RKS Bhadauria on 30 Sep.
2. RKS Bhadauria superannuated after 42 years of service and was architect of two mega fighter aircraft deals including 36 Rafales and 83 Mark1A indigenous Tejas jets.