Pledge Share Details
Arvind: Promoter Aura Securities created a pledge of 25 lakh shares on October 7
Arvind: Promoter Aura Securities created a pledge of 25 lakh shares on October 7
STOCKS TO WATCH:
Tata Motors: Co To Raise $1b In Its Passenger Electric Vehicle Business At A Valuation Of Upto $9.1b From TPG Rise Climate
Power Grid Corp: Co Approved Investment Approval For Setting Up Of Electric Vechile Charging Station In Navi Mumbai
Bhansali Engg Polymers: Q2 Cons Net Profit 1.24b Rupees Vs 355m (YoY) || Q2 Revenue 3.75b Rupees Vs 3.08b (YoY) || Co Declares Interim Dividend Of 1 Rupee Per Share
Indusind Bank: Co Gets Authorised By RBI To Collect Direct And Indirect Taxes
Centrum Capital: Centrum, Bharatpe Consortium Gets Small Finance Bank License From RBI || New SFB Has Been Incorporated As 'Unity Small Finance Bank’
Ugro Capital: Co Says Total Disbursement Stood At 2.88b Rupees In Sept
Precision Wires India: Board Meeting On Nov 3 To Consider Q2 Results || Co To Consider Interim Dividend & Sub-Division Of Equity Shares
Zee Entertainment: Co Says Invesco Proposed Deal Valued Public Holding At 211.3b Rupees
Tata Motors: Co To Raise $1b In Its Passenger Electric Vehicle Business At A Valuation Of Upto $9.1b From TPG Rise Climate
Power Grid Corp: Co Approved Investment Approval For Setting Up Of Electric Vechile Charging Station In Navi Mumbai
Bhansali Engg Polymers: Q2 Cons Net Profit 1.24b Rupees Vs 355m (YoY) || Q2 Revenue 3.75b Rupees Vs 3.08b (YoY) || Co Declares Interim Dividend Of 1 Rupee Per Share
Indusind Bank: Co Gets Authorised By RBI To Collect Direct And Indirect Taxes
Centrum Capital: Centrum, Bharatpe Consortium Gets Small Finance Bank License From RBI || New SFB Has Been Incorporated As 'Unity Small Finance Bank’
Ugro Capital: Co Says Total Disbursement Stood At 2.88b Rupees In Sept
Precision Wires India: Board Meeting On Nov 3 To Consider Q2 Results || Co To Consider Interim Dividend & Sub-Division Of Equity Shares
Zee Entertainment: Co Says Invesco Proposed Deal Valued Public Holding At 211.3b Rupees
World Markets
Dow - 118
Nasdaq - 20
Dax - 52
Nikkei - 82
Hangseng - 118
Sgxnifty + 28 (18036)
Brent Crude 83.16
Dow Fut - 32
Dollar Index 94.47
Dow - 118
Nasdaq - 20
Dax - 52
Nikkei - 82
Hangseng - 118
Sgxnifty + 28 (18036)
Brent Crude 83.16
Dow Fut - 32
Dollar Index 94.47
IndusInd bank has been authorised by RBI to collect direct taxes and indirect taxes on behalf of CBDT and CBIC
*🌄 समाचार सुप्रभात🗞*
*13 अक्टूबर, 2021 बुधवार*
➖➖➖➖➖
*♨️Top Headlines*
*◼️PM Modi participates in G20 Extraordinary Summit on Afghanistan; Stresses on preventing Afghan territory from becoming source of radicalisation and terrorism*
*◼️Prime Minister calls for urgent and unhindered humanitarian assistance to Afghan citizens and an inclusive administration*
*◼️PM Modi addresses 28th NHRC foundation day programme; says India is committed to human rights*
*◼️Power Ministry asks States to utilise unallocated power from Central plants only to meet requirement of their own Consumers*
*◼️Country inching towards 100 crore Covid vaccination target; National Recovery rate stands at 98.04 pct*
*🇮🇳NATIONAL*
*◼️Civil Aviation Ministry allows domestic flights to operate at full capacity from Oct 18*
*◼️Prime Minister to launch PM GatiShakti- National Master Plan for multi-modal connectivity today*
*◼️Union Cabinet approves affiliation of 100 schools with Sainik School Society*
*◼️Union Cabinet approves AMRUT 2.0 till 2025-26*
*◼️Home Ministry begins tripartite talks with Gorkha representatives from Darjeeling Hills, Terrai and Dooars region*
*🌎INTERNATIONAL*
*◼️India, US, Japan & Australia to kick-off second phase of this year’s Malabar naval exercise in Bay of Bengal yesterday*
*◼️Huge crowds throng Indian Embassy’s Dussehra fest in Beijing*
*◼️Piyush Goyal calls for IPR waiver in G20, dismantling trade barriers in global fight against COVID-19 pandemic*
*◼For getting latest and Educational update join "Haryana Educational update" Facebook page*
*◼️India strongly condemns terrorist attack on Shia Mosque in Afghanistan*
*◼️India hands over life support ambulance to Bangladesh*
*♨️मुख्य समाचार*
*◼️प्रधानमंत्री ने अफगानिस्तान के लोगों को तुरंत मानवीय सहायता और समावेशी प्रशासन उपलब्ध कराने का आह्वान किया*
*◼️राष्ट्रीय मानवाधिकार आयोग के स्थापना दिवस समारोह में प्रधानमंत्री ने कहा मानवाधिकारों की मनमानी व्याख्या से लोकतंत्र को नुकसान हो रहा है*
*◼️ऊर्जा मंत्रालय ने राज्यों से केन्द्रीय संयंत्रों की गैर आंवटित बिजली का उपयोग केवल उपभोक्ताओं की जरूरतों को पूरा करने के लिए करे*
*◼️नागर विमानन मंत्रालय ने घरेलू उडानों को 18 अक्तूबर से पूर्ण क्षमता के साथ उडान संचालन की अनुमति दी*
*◼️प्रधानमंत्री आज पहली राष्ट्रीय बुनियादी ढांचा वृहद योजना प्रधानमंत्री गतिशक्ति का शुभारंभ करेंगे*
*🇮🇳राष्ट्रीय*
*◼️पूर्व प्रशासनिक अधिकारी अमित खरे, प्रधानमंत्री के सलाहकार नियुक्त*
*◼️भारत-पाकिस्तान युद्ध के 50 वर्ष पूरे होने पर देश भर में स्वर्णिम विजय वर्ष मनाया जा रहा है*
*◼️दिल्ली पुलिस ने लक्ष्मी नगर क्षेत्र से एक आतंकी को गिरफ्तार किया*
*◼️एचआईवी/एड्स और क्षयरोग पर जागरूकता अभियान के दूसरे चरण की शुरुआत*
*◼️वाणिज्य और उद्योग मंत्री ने कोविड महामारी से निपटने में बौद्धिक संपदा अधिकारों तथा व्यापार में उत्पन्न नई बाधाओं को खत्म करने का आह्वान किया*
*🌎अंतरराष्ट्रीय*
*◼️पेइचिंग स्थित भारतीय दूतावास में परम्परागत उत्साह के साथ दशहरा पर्व मनाया गया*
*◼️ईराक में आई एच ई सी ने संसदीय चुनाव के प्रारंभिक नतीजे घोषित किए*
*◼️भारत ने बांग्लादेश को एक और आधुनिक उपकरणों से लैस एम्बुलेंस सौंपी*
*◼️चीन के उत्तरी क्षेत्र में खनन के मुख्य इलाकों में बाढ़ के कारण कोयले के दाम में रिकॉर्ड वृद्धि हुई*
*🇦🇶राज्य समाचार*
*◼️मुख्य न्यायाधीश ए.के. गोस्वामी ने छत्तीसगढ़ उच्च न्यायालय के नए मुख्य न्यायाधीश के रूप में शपथ ली*
*◼️न्यायमूर्ति इंद्रजीत मोहंती को त्रिपुरा उच्च न्यायालय के मुख्य न्यायाधीश के रूप में शपथ दिलाई गई*
*◼️केरल में चक्रवात के कारण लगातार तेज बारिश हो रही है*
*◼️कर्नाटक राज्य उच्चतर शिक्षा परिषद ने नेस्कॉम के साथ समझौता ज्ञापन पर हस्ताक्षर किए*.
*◼️आयकर विभाग ने चार राज्यों में 47 परिसरों में छापे मार कर साढ़े सात सौ करोड़ रुपये से अधिक की अघोषित आय का पता लगाया*
*💰व्यापार जगत*
*◼️सेंसेक्स 149 अंक बढकर 60 हजार दो सौ के पार, निफ्टी 18 हजार के करीब पहुंचा*
_🚫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_
*13 अक्टूबर, 2021 बुधवार*
➖➖➖➖➖
*♨️Top Headlines*
*◼️PM Modi participates in G20 Extraordinary Summit on Afghanistan; Stresses on preventing Afghan territory from becoming source of radicalisation and terrorism*
*◼️Prime Minister calls for urgent and unhindered humanitarian assistance to Afghan citizens and an inclusive administration*
*◼️PM Modi addresses 28th NHRC foundation day programme; says India is committed to human rights*
*◼️Power Ministry asks States to utilise unallocated power from Central plants only to meet requirement of their own Consumers*
*◼️Country inching towards 100 crore Covid vaccination target; National Recovery rate stands at 98.04 pct*
*🇮🇳NATIONAL*
*◼️Civil Aviation Ministry allows domestic flights to operate at full capacity from Oct 18*
*◼️Prime Minister to launch PM GatiShakti- National Master Plan for multi-modal connectivity today*
*◼️Union Cabinet approves affiliation of 100 schools with Sainik School Society*
*◼️Union Cabinet approves AMRUT 2.0 till 2025-26*
*◼️Home Ministry begins tripartite talks with Gorkha representatives from Darjeeling Hills, Terrai and Dooars region*
*🌎INTERNATIONAL*
*◼️India, US, Japan & Australia to kick-off second phase of this year’s Malabar naval exercise in Bay of Bengal yesterday*
*◼️Huge crowds throng Indian Embassy’s Dussehra fest in Beijing*
*◼️Piyush Goyal calls for IPR waiver in G20, dismantling trade barriers in global fight against COVID-19 pandemic*
*◼For getting latest and Educational update join "Haryana Educational update" Facebook page*
*◼️India strongly condemns terrorist attack on Shia Mosque in Afghanistan*
*◼️India hands over life support ambulance to Bangladesh*
*♨️मुख्य समाचार*
*◼️प्रधानमंत्री ने अफगानिस्तान के लोगों को तुरंत मानवीय सहायता और समावेशी प्रशासन उपलब्ध कराने का आह्वान किया*
*◼️राष्ट्रीय मानवाधिकार आयोग के स्थापना दिवस समारोह में प्रधानमंत्री ने कहा मानवाधिकारों की मनमानी व्याख्या से लोकतंत्र को नुकसान हो रहा है*
*◼️ऊर्जा मंत्रालय ने राज्यों से केन्द्रीय संयंत्रों की गैर आंवटित बिजली का उपयोग केवल उपभोक्ताओं की जरूरतों को पूरा करने के लिए करे*
*◼️नागर विमानन मंत्रालय ने घरेलू उडानों को 18 अक्तूबर से पूर्ण क्षमता के साथ उडान संचालन की अनुमति दी*
*◼️प्रधानमंत्री आज पहली राष्ट्रीय बुनियादी ढांचा वृहद योजना प्रधानमंत्री गतिशक्ति का शुभारंभ करेंगे*
*🇮🇳राष्ट्रीय*
*◼️पूर्व प्रशासनिक अधिकारी अमित खरे, प्रधानमंत्री के सलाहकार नियुक्त*
*◼️भारत-पाकिस्तान युद्ध के 50 वर्ष पूरे होने पर देश भर में स्वर्णिम विजय वर्ष मनाया जा रहा है*
*◼️दिल्ली पुलिस ने लक्ष्मी नगर क्षेत्र से एक आतंकी को गिरफ्तार किया*
*◼️एचआईवी/एड्स और क्षयरोग पर जागरूकता अभियान के दूसरे चरण की शुरुआत*
*◼️वाणिज्य और उद्योग मंत्री ने कोविड महामारी से निपटने में बौद्धिक संपदा अधिकारों तथा व्यापार में उत्पन्न नई बाधाओं को खत्म करने का आह्वान किया*
*🌎अंतरराष्ट्रीय*
*◼️पेइचिंग स्थित भारतीय दूतावास में परम्परागत उत्साह के साथ दशहरा पर्व मनाया गया*
*◼️ईराक में आई एच ई सी ने संसदीय चुनाव के प्रारंभिक नतीजे घोषित किए*
*◼️भारत ने बांग्लादेश को एक और आधुनिक उपकरणों से लैस एम्बुलेंस सौंपी*
*◼️चीन के उत्तरी क्षेत्र में खनन के मुख्य इलाकों में बाढ़ के कारण कोयले के दाम में रिकॉर्ड वृद्धि हुई*
*🇦🇶राज्य समाचार*
*◼️मुख्य न्यायाधीश ए.के. गोस्वामी ने छत्तीसगढ़ उच्च न्यायालय के नए मुख्य न्यायाधीश के रूप में शपथ ली*
*◼️न्यायमूर्ति इंद्रजीत मोहंती को त्रिपुरा उच्च न्यायालय के मुख्य न्यायाधीश के रूप में शपथ दिलाई गई*
*◼️केरल में चक्रवात के कारण लगातार तेज बारिश हो रही है*
*◼️कर्नाटक राज्य उच्चतर शिक्षा परिषद ने नेस्कॉम के साथ समझौता ज्ञापन पर हस्ताक्षर किए*.
*◼️आयकर विभाग ने चार राज्यों में 47 परिसरों में छापे मार कर साढ़े सात सौ करोड़ रुपये से अधिक की अघोषित आय का पता लगाया*
*💰व्यापार जगत*
*◼️सेंसेक्स 149 अंक बढकर 60 हजार दो सौ के पार, निफ्टी 18 हजार के करीब पहुंचा*
_🚫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_
*Good Morning*
• India Approves $3.8 Billion Increase in Fertilizer Subsidy
• India to Auction 88 Coal Mines, Including 40 New Ones
• IMF Trims View on Growth Rebound as ‘Dangerous Divergence’ Seen
o World economy to expand 5.9% in 2021, less than July forecast
• Easing Inflation Makes Room for India Rates to Remain Lower
o India Sept. Consumer Prices Rise 4.35% Y/y, Est. +4.50%
o India Aug. Industrial Production +11.9% Y/y, Est. +11.6%
• India Allows Airlines to Operate at 100% Pre-Pandemic Capacity
• India Asks States to Divert Surplus Power to Ease Shortfall
• Amazon and Walmart Brace for Crucial Diwali Showdown
• JLR Owner to Sell EV Stake to TPG at $9.1 Billion Valuation
• Temasek, Google Invest in Indian Neobank Open’s $100M Funding
• India Cabinet Approves Extension of Water, Cleanliness Missions
• Modi Expedites India Asset Sales With Regional Airline on Block
• Malaysia Oct. 1-10 Palm Oil Exports to India 108,130 Tons: SGS
• Infosys to Report Results; Shares Up 33.4% YTD: Preview
• Wipro to Report Results; Shares Up 70.6% YTD: Preview
• Global Funds Sell Net INR2.78B of India Stocks on Tuesday: NSE
o Domestic funds sell net 7.41b rupees of stocks
• Foreign Investors Sell Net INR3.25B of Indian Equities on Oct. 11
• Foreigners Sell Net INR20.7B of India Equity Derivatives Tuesday
• India’s Key Equity Indexes Set Fresh Record; Consumer Firms Gain
• India doing well in terms of vaccinating its own people, says IMF official: PTI
• Zostel writes to Sebi, seeks rejection of Oyo draft IPO papers: PTI
• Bajaj Finserv (BJFIN): Says incorporation of AMC is under process; Bajaj Finserv MF Trustee Ltd. incorporated Oct. 11
• Centrum Capital (CECA): Says Centrum consortium gets small finance bank license from RBI
• Equitas Small Finance Bank (EQUITASB): To consider options for minimum public holding on Oct. 18 meet
• Gayatri Highways (GAYAHWS): To buy 11.54% of Cyberabad Expressways debentures and 11.54% of equity
• Happiest Minds (HAPPSTMN): Enters into partnership with Tech4th Solutions
• IndusInd Bank (IIB): Authorised by RBI to collect direct indirect tax
• NTPC (NTPC): Says making sure availability of coal at all its power station; making available required power for Delhi
• Power Finance Corp (POWF): To get greater operational and financial autonomy, accorded ‘Maharatna’ status
• Power Grid Corp (PWGR): Approves investment proposal to set up EV charging station in Navi Mumbai; to form unit for co’s telecom, digital tech business
• Puravankara (PURVA): Says unit to launch premium affordable housing in Mumbai, another unit to launch plotted development project in Bangalore
• Tata Motors (TTMT): To raise $1b from TPG rise climate for EV unit
• Zee (Z): CEO Says Invesco Proposed Merger With an Indian Co. in Feb.
• India DIPAM Secretary Pandey Expects to List LIC in 4Q FY22
• India Approves $3.8 Billion Increase in Fertilizer Subsidy
• India to Auction 88 Coal Mines, Including 40 New Ones
• IMF Trims View on Growth Rebound as ‘Dangerous Divergence’ Seen
o World economy to expand 5.9% in 2021, less than July forecast
• Easing Inflation Makes Room for India Rates to Remain Lower
o India Sept. Consumer Prices Rise 4.35% Y/y, Est. +4.50%
o India Aug. Industrial Production +11.9% Y/y, Est. +11.6%
• India Allows Airlines to Operate at 100% Pre-Pandemic Capacity
• India Asks States to Divert Surplus Power to Ease Shortfall
• Amazon and Walmart Brace for Crucial Diwali Showdown
• JLR Owner to Sell EV Stake to TPG at $9.1 Billion Valuation
• Temasek, Google Invest in Indian Neobank Open’s $100M Funding
• India Cabinet Approves Extension of Water, Cleanliness Missions
• Modi Expedites India Asset Sales With Regional Airline on Block
• Malaysia Oct. 1-10 Palm Oil Exports to India 108,130 Tons: SGS
• Infosys to Report Results; Shares Up 33.4% YTD: Preview
• Wipro to Report Results; Shares Up 70.6% YTD: Preview
• Global Funds Sell Net INR2.78B of India Stocks on Tuesday: NSE
o Domestic funds sell net 7.41b rupees of stocks
• Foreign Investors Sell Net INR3.25B of Indian Equities on Oct. 11
• Foreigners Sell Net INR20.7B of India Equity Derivatives Tuesday
• India’s Key Equity Indexes Set Fresh Record; Consumer Firms Gain
• India doing well in terms of vaccinating its own people, says IMF official: PTI
• Zostel writes to Sebi, seeks rejection of Oyo draft IPO papers: PTI
• Bajaj Finserv (BJFIN): Says incorporation of AMC is under process; Bajaj Finserv MF Trustee Ltd. incorporated Oct. 11
• Centrum Capital (CECA): Says Centrum consortium gets small finance bank license from RBI
• Equitas Small Finance Bank (EQUITASB): To consider options for minimum public holding on Oct. 18 meet
• Gayatri Highways (GAYAHWS): To buy 11.54% of Cyberabad Expressways debentures and 11.54% of equity
• Happiest Minds (HAPPSTMN): Enters into partnership with Tech4th Solutions
• IndusInd Bank (IIB): Authorised by RBI to collect direct indirect tax
• NTPC (NTPC): Says making sure availability of coal at all its power station; making available required power for Delhi
• Power Finance Corp (POWF): To get greater operational and financial autonomy, accorded ‘Maharatna’ status
• Power Grid Corp (PWGR): Approves investment proposal to set up EV charging station in Navi Mumbai; to form unit for co’s telecom, digital tech business
• Puravankara (PURVA): Says unit to launch premium affordable housing in Mumbai, another unit to launch plotted development project in Bangalore
• Tata Motors (TTMT): To raise $1b from TPG rise climate for EV unit
• Zee (Z): CEO Says Invesco Proposed Merger With an Indian Co. in Feb.
• India DIPAM Secretary Pandey Expects to List LIC in 4Q FY22
*Morning Action @ 7am – Wednesday, October 13th 2021.*
*7 AM GLOBAL UPDATE:*
# SGX Nifty (+25, 18030)
# Dow (-118, 34379)
# Nasdaq (-20, 14466)
# Bovespa (CLOSED, 112180)
# Nikkei (+58, 28288)
# Hang Seng (CLOSED, 24963)
Overnight, Wall Street dipped again —— it’s third straight loss.
SGX Nifty however starts on front ahead of biggest earnings to trickle in from INFY, WIPRO and MINDTREE.
*MARKET TRENDS:*
# Global: Neutral
# FII: Negative (-278 Cr)
# DII: Negative (-741 Cr)
# F&O: 17600 - 18200 zone
# Market Breadth: Strong
# Sentiment: Bullish
# Technicals: Breakout Play
# Outlook: Nifty 18250+.
*CRUCIAL LEVELS: NIFTY & BANK NIFTY:*
*NIFTY (CMP 17992):*
# SUPPORT: 17939/17817
# RESISTANCE: 18107/18257
# RANGE: 17939-18139
# BIAS: Positive.
*BANK NIFTY (CMP 38522):*
# SUPPORT: 37965/37511
# RESISTANCE: 38777/40001
# RANGE: 38211-39211
# BIAS: Positive.
*NEED TO KNOW:*
# Overnight at Wall Street, the Dow Jones Industrial Average ended the day down 0.3% at 34,378, the S&P 500 Index slipped 0.2% to 4,350 and the Nasdaq Composite gave back 0.1% to 14,465 – each marking a third straight loss.
# Today, all eyes will be on the Q2 earnings of INFY, WIPRO and MINDTREE.
# Also, commanding attention will be:
1. U.S CPI data (Post Market)
2. Fed September Minutes (Post Market)
# Oil prices remain firmly elevated heading into today's API stock release data and the broader Energy Department assessment. WTI Oil is trading at $80.55 a barrel for the first time since 2014.
*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.
The bullish fairy tale seen continuing at Dalal Street…
*7 AM GLOBAL UPDATE:*
# SGX Nifty (+25, 18030)
# Dow (-118, 34379)
# Nasdaq (-20, 14466)
# Bovespa (CLOSED, 112180)
# Nikkei (+58, 28288)
# Hang Seng (CLOSED, 24963)
Overnight, Wall Street dipped again —— it’s third straight loss.
SGX Nifty however starts on front ahead of biggest earnings to trickle in from INFY, WIPRO and MINDTREE.
*MARKET TRENDS:*
# Global: Neutral
# FII: Negative (-278 Cr)
# DII: Negative (-741 Cr)
# F&O: 17600 - 18200 zone
# Market Breadth: Strong
# Sentiment: Bullish
# Technicals: Breakout Play
# Outlook: Nifty 18250+.
*CRUCIAL LEVELS: NIFTY & BANK NIFTY:*
*NIFTY (CMP 17992):*
# SUPPORT: 17939/17817
# RESISTANCE: 18107/18257
# RANGE: 17939-18139
# BIAS: Positive.
*BANK NIFTY (CMP 38522):*
# SUPPORT: 37965/37511
# RESISTANCE: 38777/40001
# RANGE: 38211-39211
# BIAS: Positive.
*NEED TO KNOW:*
# Overnight at Wall Street, the Dow Jones Industrial Average ended the day down 0.3% at 34,378, the S&P 500 Index slipped 0.2% to 4,350 and the Nasdaq Composite gave back 0.1% to 14,465 – each marking a third straight loss.
# Today, all eyes will be on the Q2 earnings of INFY, WIPRO and MINDTREE.
# Also, commanding attention will be:
1. U.S CPI data (Post Market)
2. Fed September Minutes (Post Market)
# Oil prices remain firmly elevated heading into today's API stock release data and the broader Energy Department assessment. WTI Oil is trading at $80.55 a barrel for the first time since 2014.
*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.
Schaffer India board meeting is scheduled to be held on 28 October 2021 to consider stock split
*Market kya lagta hain @ 7.30 am – Wednesday, October 13th 2021.*
*SGX Nifty (+49, 18053)*
*"If you’re offered a seat on a rocket ship, don’t ask what seat! Just get on."*
As an investor, we are sure you must be enjoying the ongoing ride at Dalal Street.
Yes, this rising stock-market is just moving one way up. But many an investor friends who did not participate must be having a left-out feeling.
Yes, it’s not easy to sit on the sidelines when everyone else is making money.
We are sure, the only question going on in their mind would be —— *Are there still any bargains left out there in our stock market?*
*If so, where are they?*
Well, we are always of the opinion that there is always a bargain somewhere in the stock market, provided if you know where to look — even when most shares are expensive, like now.
*So, the big question: Which is the 1 stock to buy right now?*
You might be tempted to know on the one investment pick that carries the
lowest risk…
*Well, its VEDANTA…Vedanta is our preferred bet on the buy side…*
*VEDANTA (CMP Rs. 313):* Buy VEDANTA October Futures for 0-3 days at CMP 313 for an objective of 323/351. Stop 297. Alert: Breakout Play.
You either love it, or you hate it.
Vedanta is destined to keep going up. You just need to get on board as a buy and hold investor.
That brings us to our *call of the day* suggests staying aggressively bullish as long as Nifty stays above 17,817 mark.
*Before we end this column, the gyan mantra on steel stocks…*
*Steel stocks likely to be in limelight as surging energy prices look to blunt European production, and exports, in the months ahead. We like JSW STEEL and JINDAL STEEL & POWER.*
*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 (+49, 18053)*
*"If you’re offered a seat on a rocket ship, don’t ask what seat! Just get on."*
As an investor, we are sure you must be enjoying the ongoing ride at Dalal Street.
Yes, this rising stock-market is just moving one way up. But many an investor friends who did not participate must be having a left-out feeling.
Yes, it’s not easy to sit on the sidelines when everyone else is making money.
We are sure, the only question going on in their mind would be —— *Are there still any bargains left out there in our stock market?*
*If so, where are they?*
Well, we are always of the opinion that there is always a bargain somewhere in the stock market, provided if you know where to look — even when most shares are expensive, like now.
*So, the big question: Which is the 1 stock to buy right now?*
You might be tempted to know on the one investment pick that carries the
lowest risk…
*Well, its VEDANTA…Vedanta is our preferred bet on the buy side…*
*VEDANTA (CMP Rs. 313):* Buy VEDANTA October Futures for 0-3 days at CMP 313 for an objective of 323/351. Stop 297. Alert: Breakout Play.
You either love it, or you hate it.
Vedanta is destined to keep going up. You just need to get on board as a buy and hold investor.
That brings us to our *call of the day* suggests staying aggressively bullish as long as Nifty stays above 17,817 mark.
*Before we end this column, the gyan mantra on steel stocks…*
*Steel stocks likely to be in limelight as surging energy prices look to blunt European production, and exports, in the months ahead. We like JSW STEEL and JINDAL STEEL & POWER.*
*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.
*Economic calendar, October 13th 2021*
🇯🇵 *Japan* : Reuters Tankan Index (Oct), M3 Money Supply (Sep), Core Machinery Orders (MoM) (Aug), Core Machinery Orders (YoY) (Aug)
🇨🇳 *China* : Trade Balance (USD) (Sep), Exports (YoY) (Sep), Imports (YoY) (Sep)
🇬🇧 *Great Britain* : Trade Balance Non-EU (Aug), Industrial Production (MoM) (Aug), Monthly GDP 3M/3M Change, GDP (MoM), GDP (YoY), Index of Services, Trade Balance (Aug), U.K. Construction Output (YoY) (Aug), Construction Output (MoM) (Aug), Manufacturing Production (YoY) (Aug), Industrial Production (YoY) (Aug), Manufacturing Production (MoM) (Aug), Thomson Reuters IPSOS PCSI (Oct), NIESR GDP Estimate, NIESR Monthly GDP Tracker
🇪🇺 *Euro* : German CPI (YoY) (Sep), German HICP (YoY) (Sep), German HICP (MoM) (Sep), German CPI (MoM) (Sep), Industrial Production (YoY) (Aug), Industrial Production (MoM) (Aug), German 30-Year Bund Auction, Germany Thomson Reuters IPSOS PCSI (Oct)
🇺🇸 *USA* : Mortgage Refinance Index, Mortgage Market Index, MBA Purchase Index, MBA Mortgage Applications (WoW), MBA 30-Year Mortgage Rate, OPEC Monthly Report, Real Earnings (MoM) (Sep), CPI Index, s.a (Sep), CPI, n.s.a (MoM) (Sep), Core CPI Index (Sep), Core CPI (MoM) (Sep), Core CPI (YoY) (Sep), CPI Index, n.s.a. (Sep), CPI (YoY) (Sep), CPI (MoM) (Sep), Cleveland CPI (MoM) (Sep), Thomson Reuters IPSOS PCSI (Oct), 30-Year Bond Auction, FOMC Meeting Minutes Federal Budget Balance.
🇯🇵 *Japan* : Reuters Tankan Index (Oct), M3 Money Supply (Sep), Core Machinery Orders (MoM) (Aug), Core Machinery Orders (YoY) (Aug)
🇨🇳 *China* : Trade Balance (USD) (Sep), Exports (YoY) (Sep), Imports (YoY) (Sep)
🇬🇧 *Great Britain* : Trade Balance Non-EU (Aug), Industrial Production (MoM) (Aug), Monthly GDP 3M/3M Change, GDP (MoM), GDP (YoY), Index of Services, Trade Balance (Aug), U.K. Construction Output (YoY) (Aug), Construction Output (MoM) (Aug), Manufacturing Production (YoY) (Aug), Industrial Production (YoY) (Aug), Manufacturing Production (MoM) (Aug), Thomson Reuters IPSOS PCSI (Oct), NIESR GDP Estimate, NIESR Monthly GDP Tracker
🇪🇺 *Euro* : German CPI (YoY) (Sep), German HICP (YoY) (Sep), German HICP (MoM) (Sep), German CPI (MoM) (Sep), Industrial Production (YoY) (Aug), Industrial Production (MoM) (Aug), German 30-Year Bund Auction, Germany Thomson Reuters IPSOS PCSI (Oct)
🇺🇸 *USA* : Mortgage Refinance Index, Mortgage Market Index, MBA Purchase Index, MBA Mortgage Applications (WoW), MBA 30-Year Mortgage Rate, OPEC Monthly Report, Real Earnings (MoM) (Sep), CPI Index, s.a (Sep), CPI, n.s.a (MoM) (Sep), Core CPI Index (Sep), Core CPI (MoM) (Sep), Core CPI (YoY) (Sep), CPI Index, n.s.a. (Sep), CPI (YoY) (Sep), CPI (MoM) (Sep), Cleveland CPI (MoM) (Sep), Thomson Reuters IPSOS PCSI (Oct), 30-Year Bond Auction, FOMC Meeting Minutes Federal Budget Balance.