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Milk should not be eaten with fish as the two foods are incompatible. Milk is cold and fish has a heating property. Combining the two vitiates the blood and causes obstruction of the body’s channels (called srotas).

Salt and milk together is another combination that should be avoided due to antagonistic qualities in the two

==========================
*Regards*
*CH Nαʋҽҽɳ Kυɱαɾ..*.✒️

÷÷÷÷÷÷ *Samapath*÷÷÷÷÷÷÷
╭──────────────────╮
*🙏PLZ FOLLOW the GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*
╰──────────────────╯
╭───────────────────╮
🌄 🇮🇳***𝐒𝐇𝐔𝐁𝐎𝐔𝐃𝐇𝐀𝐘𝐀***🙏🏻
𝕴𝖓𝖉𝖎𝖆`𝖘 1𝖘𝖙 𝖂𝖍𝖆𝖙𝖘𝖆𝖕𝖕 𝕹𝖊𝖜𝖘 Service, 𝓼𝓲𝓷𝓬𝓮 2013
╰──────────────────╯
*23 Nov (Tuesday)*
*Sharad Ritu* *Krishna पक्ष*::
*Month*: Agrahayana 4, (Purnimata)
Kartika 19 (Amanta)
*Titi*: Chaturthi/
Panchami
*Vikram Samvat* - 2078
According to *Purnimanta* calendar (Ujjain)
*Rahu Kaal* : 02:54 PM – 04:15 PM
××××××××××××××××××××××××××
*TODAYs TOP NEWS*
××××××××××××××××××××××××××

1. India administers over 117 crore 54 lakh COVID-19 vaccine doses

2. President Ram Nath Kovind presented Gallantry Awards and Distinguished Service Decorations to Armed Forces Personnel for displaying indomitable courage and extreme devotion to duty at the Defence Investiture Ceremony held in Rashtrapati Bhavan.

3. PM Modi congratulated the recipients of the Gallantry Awards saying that their 'dedication and courage' was a motivation to the citizens. The Vir Chakra was conferred to Balakot Airstrike hero Indian Air Force Wing Commander (now Group Captain) Abhinandan Varthaman who is infamous for his showdown with a Pakistani fighter jet, following the Pulwama attack.

For complete list of awardees send request

https://youtu.be/5vIrUYLDG-E

4. Chief Election Commissioner Sushil Chandra. holds meeting with CEOs of State and UTs to discuss poll issues and to ensure purity of the electoral roll and availability of assured minimum facilities. He has also asked to ensure better facilities at all polling booths for all voters.

5. Govt withdraws saffron dress of Ramayan Express waiters: After seers' protest, IRCTC to change waiters' saffron dress on Ramayan Exp, Bowing to protest by seers in Ujjain in Madhya Pradesh, the Indian Railway Catering and Tourism Corporation on Monday evening said it will change the saffron attire of waiters on board the Ramayan Express, which had invited the ire of a section of sadhus. They had threatened to stop the train in Delhi on December 12 if the dress code was not withdrawn.

6. Pratham NGO has been awarded with the Indira Gandhi Peace Prize 2021 for its work on expanding the scope for education in India. The Indira Gandhi Peace Prize is an annual prestigious award. It has been named after former prime minister Indira Gandhi. It is conferred every year by Indira Gandhi Memorial Trust. It comprises of a monetary award of Rs. 25 lakh and a citation.

7. PM Modi likely to attend an all-party meet.
It has been called on November 28 ahead of Parliament's winter session. The winter session of Parliament is scheduled to commence from November 29.

8. *ANDHRA PRADESH*: , though the intensity of rains has come down, the flood situation in Rayalaseema continues to be grim. The swelling Papagni, Chitravati, and Penna Rivers continue pose a threat in Rayalaseema.

9. Andhra Pradesh Legislative Assembly on 22 Nov passed a Bill to repeal the controversial AP Decentralisation and Inclusive Development of All Regions Act, 2020, that was intended to establish three capitals for the state. The YSRCP government has proposed three different capitals for the state, Amaravati a legislative capital, Visakhapatnam an executive one and Kurnool the judicial capital.

10. *DELHI* govt has decided to register thousands of street vendors and allocate special vending zones for them. Delhi government to register street vendors by December 7, allocate special zones, more than 71 thousand street vendors identified in Delhi.

11. *KARNATAKA* : Kanaka Dasa Jayanthi is celebrated on 22 Nov in Karnataka to pay tribute to the 15th century poet, saint and social reformer Shri Kanaka Dasa. The kirtans sung by Dasas are well known as Dasa Sahitya and Devaranamas in Kannada literary history.

12. *MAHARASHTRA* : The Supreme Court on Monday granted protection from arrest to former Mumbai police commissioner Param Bir Singh in criminal cases lodged against him in Maharashtra and sought responses from the state government, its DGP and the CBI on his plea.
Singh, who had accused the then Maharashtra home minister Anil Deshmukh of corruption, has alleged frame-up in criminal cases.

13. *PUNJAB* : Former Punjab chief minister Capt Amarinder Singh announced that he would contest from Patiala seat in the 2022 Assembly elections.

14. *TRIPURA* court on Monday granted bail to TMC Youth Congress President Saayoni Ghosh, a day after the Tripura Police arrested her for allegedly disturbing a public meeting of CM Biplab Deb. Earlier in the day, a delegation of TMC MPs staged a sit-in protest outside the Ministry of Home Affairs in Delhi over her arrest.

15. *UTTAR PRADESH;:* Pragatisheel Samajwadi Party (Lohia) chief Shivpal Yadav on Monday said that his party's priority is to form an alliance with the Samajwadi Party for the upcoming Uttar Pradesh Assembly elections and that it should be allotted 100 seats.

16. The Supreme Court will hear on December 6 a plea filed by some students, who had appeared in the CBSE examinations this year for improving their marks in class 12, seeking a direction to the board to maintain their original results. The plea has been filed by 11 students who were declared passed in the original results by the Central Board of Secondary Education (CBSE) on the basis of the evaluation policy of 30:30:40 and were subsequently allowed to appear in the improvement exams held in August-September this year.

××× *FINANCE* ×××

1. The Union Government has notified uniform goods and services tax rate at 12% on Man-Made Fibre (MMF), MMF yarn, MMF fabrics, and apparel. The changed rates will come into effect from 1st January of next year. This will help the MMF segment grow and emerge as a big job provider in the country.

2. The textiles and apparel industry was having long-pending demand for removal of inverted tax structure on MMF value chain. The GST on MMF, MMF yarn and MMF fabrics were 18 percent, 12 per cent and 5 percent respectively. Textiles Ministry has said, differential rates for garments create problems in compliance with tax regime. It said the uniform rate of 12 percent for entire value chain of MMF textiles sector will benefit and save a lot of working capital.

××× *ENTERTAINMENT* ×××

1. Makkal Needhi Maiam president and actor Kamal Haasan on Monday said he has tested positive for COVID-19 and has been admitted to a hospital.

2. Zee Media Corporation Limited launched its first-ever OTT (over–the–top) media services Awards in an announcement on Monday (November 22). Categories will not be restricted to movies and web series only. The focus will also be on alternative digital media content.

3. India is currently the world's fastest-growing OTT market and is all set to emerge as the world’s sixth-largest by 2024.
There are currently about 40 providers of over–the–top media services (OTT) in India, which distribute streaming media over the Internet.

4. Actor Salman Khan in an interview has revealed that his plan to open a theatre chain 'Salman Talkies' is in the works. The actor added that the chain will open in "smaller towns where people [don't] have access to theatres.

××××× *DEFENCE*×××××

1. *A Grenade blast near Pathankot Army camp; police term it 'terror attack'.* Some unidentified persons on a motorcycle hurled the grenade in front of the Triveni Dwar of the military area near Dheerapul. No casualty was reported in the incident that took place on Sunday night.

Notably, the Pathankot Air Force base was attacked by terrorists in January 2016. Another terror attack took place at a police station in Dinanagar in neighbouring Gurdaspur district in July 2015.

2. A four-day mega military exercise conducted in the Creek sector of the Kutch peninsula that concluded on Monday. The Sagar Shakti exercise, held from November 19 to 22, witnessed participation of the Indian Army, Indian Navy, Indian Air Force, Indian Coast Guard, Border Security Force, Gujarat Police and the Marine Police.
1
3. The Ministry of Defence (Navy) has invited online applications for the recruitment of 275 vacant posts. The ITI qualified Indian national candidates who are interested can apply through the official Apprenticeship India website. The selected candidates will be appointed for various Apprentice posts including Electronics Mechanic, Painter and Carpenter at the Naval Dockyard Apprentices School, Visakhapatnam for the training year 2022-23 batch.

The last date to apply online: December 5, 2021. The last date to receive the application: December 14, 2021.

××××
To join the Whatsapp group for daily news send request @ 9-4-0-4-8-0-7-5-2-0

*Telegram Link.*
https://t.me/joinchat/UcN4VTpKsS42MzVl
××××××××××××××××××××××××××
*INTERNATIONAL NEWS* ××××××××××××××××××××××××××
1. Pakistan Prime Minister Imran Khan announced on Monday that his government will allow India to send a humanitarian shipment of 50,000 metric tonnes of wheat to neighbouring Afghanistan through its territory after finalisation of the transit modalities.

2. Afghanistan's Acting Foreign Minister Amir Khan Muttaqi had also requested Prime Minister Khan to allow India to transport wheat via Pakistan, suggesting that the Taliban government was willing to accept the humanitarian assistance from India.

3. India has contributed to the humanitarian requirements of the Afghan people. This included providing more than 1 million metric tonnes of wheat to Afghanistan over the past decade.

××××××××××××××××××××××××××
🌎 *WORLD NEWS* 🌍
=========================
1. Bangladesh signed an exchange of note and loan agreement with Japan worth USD 2.66 billion for two development projects in the country on Monday.

2. China has officially downgraded its diplomatic ties with Lithuania after it allowed Taiwan to open a de-facto embassy in Vilnius.

3. Austria on Monday returned to a full COVID-19 lockdown despite thousands of people protesting against it in the capital Vienna. This is Austria’s fourth lockdown since the pandemic began. While people have been asked to work from home, all non-essential shops have been closed. Notably, Austria has also mandated COVID-19 vaccination from February 1, 2022.

4. World's second richest person and Amazon Founder Jeff Bezos has donated $100 million to former US President Barack Obama's foundation in its largest-ever individual contribution. The gift was given in honour of civil rights icon and Congressman John Lewis who died last year.

****************************
🚣🚴🏇🏊 *SPORTS*
****************************
1. The Bangladesh Under 19 cricket team was felicitated at the High Commission of India in Dhaka on Sunday.

2. The Under 19 team is leaving for Kolkata on Tuesday to play in the triangular series with the Under 19 A and Under 19 team B of India at Kolkata. The matches will start from November 28. The final match of the triangular series will be played on 7 December.

*==========================*
*USD 74.43💷GBP 99.73*
*MEGHALAYA :* SHILLONG
*CM* : Conrad Kongkal Sangma
*Gvnr* : Shri Satya Pal Malik
*🥇Gold ₹49,880@10 gm 24 (Krt)*
🥈 *Silver ₹70,400@ Kg*
*Petrol ₹ 93.91*
*Diesel ₹ 80.58*

LPG : ₹967/14.2 Kg
BSE Sensex 58,465.89
NIFTY : 17,416.55
==========================
Ⓝⓐⓥⓔⓔⓝ Ⓚⓤⓜⓐⓡ
🇮🇳 *FACTS ABOUT INDIA* 🇮🇳
==========================
*KUNCHIKAL* Falls in Shimoga District Karnataka is the highest waterfall in India with a height of 1493 feet.
==========================
*😀Thought of the day*
==========================
Nothing is good, nothing is bad, thinking makes so ==========================
*JOKE OF THE DAY*
==========================
*Papu* : papa kal school main ek small get together hai. Chaloge?

*Papa* : Small get together kya hota hai?
*Pappu* : Only you, principal Madam.......and me
**""""""""*******
*पत्नी (गुस्से में ):* मैं घर छोड़ कर जा रही हूँ … 😈😈

*पति (गुस्से में ):* हाँ “जान ” छोड़ो अब 😏😏

*पत्नी* : बस आपकी यही “जान ” कहने की आदत ना हमेशा मुझे रोक लेती है 💘😜😝
==========================
*😳WHY*
==========================

*Why White paper turns yellow..?*

With paper, it all comes back to the fact that it's made from wood, which contains the substance lignin. When the molecules responsible for color (chromophores) in lignin are exposed to air and sunlight, they become less stable, causing them to absorb more light, gradually darkening the paper from white to yellow.
===========================
*LEARN Sanskrit*🙏🏻
==========================
पिपीलिकार्जितं धान्यं मक्षिकासञ्चितं मधु ।
लुब्धेन सञ्चितं द्रव्यं समूलं हि विनश्यति ॥

pipīlikārjitaṃ dhānyaṃ makṣikāsañcitaṃ madhu।
lubdhena sañcitaṃ dravyaṃ samūlaṃ hi vinaśyati॥

Grain collected by ants, honey collected by bees, and wealth accumulated by a greedy person,
will all be destroyed along with its source.​

चींटी द्वारा इकट्ठा किया गया अनाज, मक्खी द्वारा जमा किया गया शहद,
और लोभियों द्वारा संचित किया गया धन, समूल ही नष्ट हो जाता है।
==========================
🤔 *HOW IT WORKS* =========================
*How Talc powder is made*

Talcum powder is made from talc, a mineral made up mainly of the elements magnesium, silicon, and oxygen. As a powder, it absorbs moisture well and helps cut down on friction, making it useful for keeping skin dry and helping to prevent rashes.
==========================
💁🏻‍♂‍ *GK TODAY*
==========================
Indira Gandhi International Airport is the largest airport in India. The IGI Airport has three terminals.

The smallest airport (shortest runway length) in India is Trichy Airport, TN. ==========================
*BORN TODAY* 🐣💐
==========================
Sathya Sai Baba (born Sathyanarayana Raju; 23 November 1926 – 24 April 2011) was known as an: Indian guru leader of a new religious movement. The Sathya Sai Organisation, founded by Sathya Sai Baba "to enable its members to undertake service activities as a means to spiritual advancement", has over 1,200 Sathya Sai Centres (branches) in 126 countries.
Through this organisation, Sathya Sai Baba established a network of free hospitals, clinics, drinking water projects, auditoriums, ashrams and schools.
==========================
🙏🏻 *IDIOMS & PHRASES*
==========================

*No pain, no gain*

You have to work for what you want
==========================
*ANTONYM*
Awake – Asleep

*SYNONYMS*
Beg – Implore
==========================
🛕 *VEDIK GYAN*
(kindly inform, if given info is vary from actual facts🙏🏻) ==========================

*What is more interesting is the significance behind the banana trees which are put on each side of the doorway on auspicious occasions.*

The banana tree produces fruit which is of no benefit to the tree itself as the trees propagate from the roots. So it produces the fruit for the sake of others only.

Every part of the banana tree is useful - the raw and ripe fruit for eating, the leaves for plates

The core and the flower are edible. The stem also produces cord that can be used for binding and other tasks.

So the banana tree signifies DHARMA and the way in which we should aspire to live in the world as beneficial presences - working for the welfare of others (loka sangraha).

paropakārāya phalanti vṛikṣāḥ paropakārāya vahanti nadyaḥ |

paropakārāya duhanti gāvaḥ paropakārāya śarīram etat ||

Trees bear fruit to do good to others, Rivers flow for the benefit others; Cows give milk to benefit others — This body is for serving others.
==========================
🧬 *HEALTH CARE: HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻) ==========================

*VIRUDDHA AHARA*
*Opposite Food Combination*

Milk and fish
Milk should not be eaten with fish as the two foods are incompatible. Milk is cold and fish has a heating property. Combining the two vitiates the blood and causes obstruction of the body’s channels (called srotas).

Salt and milk together is another combination that should be avoided due to antagonistic qualities in the two

==========================
*Regards*
*CH Nαʋҽҽɳ Kυɱαɾ..*.✒️

÷÷÷÷÷÷ *Samapath*÷÷÷÷÷÷÷
╭──────────────────╮
*🙏PLZ FOLLOW the GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*
╰──────────────────╯
*SGX Nifty -80 pts (17370) from last trade 17450*

Nikkei clsd ,
Hangseng -262 pts ,
Now @6.54am .

Dow +17.27 pts ,Nsdq -202.68 pts, S&P -15.02 pts, Bovespa -912 pts , Ftse +31 pts  , Dax -44 pts , Cac -7 pts , Crude @ $75.28 brl (-0.68.), Brent @ $76.51 brl (+0.24) , Gold @ 1809.70 (+3.39), Silver @ $24.285 (-0.01), Euro @ $1.1239, JPY @ $114.76,  INR @ 74.415

*Today's Corporate Action*
*23rd Nov Ex Date*
CAMS
Interim Dividend - Rs. - 9.5000

COCHINSHIP
Interim Dividend - Rs. - 6.0000

HAL
Interim Dividend - Rs. - 14.0000

LIKHITHA
Interim Dividend - Rs. - 1.5000

NATCOPHARM
Interim Dividend - Rs. - 0.5000

OIL
Interim Dividend - Rs. - 3.5000

RAMAPHO
Interim Dividend - Rs. - 1.2000

SKL
E.G.M.

*Today's Key Results/Board Meetings*
*23-Nov-21*
AARTECH
General

CORPOCO
Quarterly Results

DUGARHOU
General

NRL
General

NARBADA
Preferential Issue of shares

PQIF
Increase in Authorised Capital; Stock Split

QUANTBUILD
General;A.G.M

REGENCY
General

SPELS
Quarterly Results

*Stock under F&O ban on NSE*
*23-Nov-21*
1ESCORTS
2IDEA
*Good Morning*
• India Is Said to Be Working Toward Coordinated Oil Stock Release
• Top Court to Hear Amazon-Future Retail Case
• India to Export About 5m Tons of Sugar in 2021-22 Season: Meir
• India Markets Regulator Approves Medplus Health and 5 Other IPOs
• ONGC Can Tap Private Partners to Boost Output: Oil Ministry
• Worldwide Aluminium Production Rises 0.4% M/m in October: IAI
• Stocks Slide in India as Paytm’s IPO, Reliance Shatter Sentiment
o Paytm CEO Compares His Challenges to Musk’s After IPO Flop (1)
• Global Funds Buy Net INR23.4B India Equities Nov. 18: NSDL
• Centrum Capital (CECA): RBI Sets Out Draft Plan for PMC, Unity Small Finance Bank Merger
• Maruti Suzuki (MSIL): Wins India court halt on 2b rupees antitrust penalty
• ONGC (ONGC): Oil ministry says ONGC can tap private partners to boost output
Who’s Meeting Whom

🔥Tata Consumer Products: To meet Baron Funds and Blue Coast Capital on November 23. The company will meet Carnegie Fonder and DePrince Race & Zollo on November 24.

🔥Titan Company: To meet Marcellus Investment Managers on November 23.

🔥Max Healthcare Institute: To meet Edmond de Rothschild Asset Management, DNCA Finance Ritz Paris, Amundi Asset Management, and Comgest S.A on November 23. The company will meet Pictet Asset Management, TT International, Axiom International Investors, and Amundi Asset Management on November 24.

🔥Nazara Technologies: To meet Union MF and Mirae MF on November 23.

🔥Gokaldas Exports: To meet Canara HSBC Life and Enam on November 23.

🔥Accelya Solutions India: To meet Motilal Oswal Mutual Fund on November 24.

🔥Butterfly Gandhimathi Appliances: To meet Blue Coast Capital on November 24.

🔥Tata Elxsi: To meet Birla MF, Elara Capital and Motilal Oswal AMC on November 25.
Trading Tweaks

💥Ex-Date Interim Dividend: Computer Age Management Services, Natco Pharma, Cochin Shipyard, Hindustan Aeronautics, Likhitha Infrastructure, Oil India

💥Record Date Interim Dividend: ONGC, Quess Corp, Ester Industries, Gabriel India, Glenmark Life Sciences, IPCA Laboratories, IRCON International, Jamna Auto Industries, MSTC, Tide Water Oil (India)

💥Move Out Of Short-Term ASM Framework: 3i Infotech

💥Move Into ASM Framework: 3i Infotech
Stocks in News



Quess Corp: The company has increased its stake in Stellarslog Technovation from 36.58 percent to 49 percent by investing approximately Rs 4 crore. Post this transaction, Taskmo continues to remain an associate of Quess Corp.

Omaxe: CARE revised rating on company's long term bank facilities to BB/Stable, from D/Stable.

Redington (India): Step down subsidiary Arena Bilgisayar Sanayi Ve Ticaret A.S., Turkey had concluded final consideration at $29 million and is expecting that the transaction will be completed latest by November 30, 2021. The transaction was about the acquisition of 100 percent shares of Brightstar Telekomünikasyon Dagitim Ltd. Sti.

Mazagon Dock Shipbuilders: The Indian Navy has commissioned the first ship of project 15B Class Destroyer i.e. (Vishakhapatnam) built by Mazagon Dock Shipbuilders.

Triveni Engineering & Industries: The company signed a 10-year business agreement with GEAE Technology USA to locally manufacture the LM2500 gas turbine base and enclosure.

Spandana Sphoorty Financial: Shalabh Saxena is the Managing Director and Chief Executive Officer of the company.
India Today:
* Asia’s stock market slipped Tuesday after Treasury yields and the dollar jumped as Jerome Powell’s renomination to head the Federal Reserve fueled bets on quicker policy tightening.
* SGX hinting for a negative start to indian indices , Insti Flows: FII(Rs bn) :Cash-34.4 IdxFut+1.34 IdxOpt+44.37 SSF+14.56 SSO+12.27, DII+20.51 | Future OI, OI% & basis :Nifty Rs215bn+2%, +19 & Bnifty Rs102bn+7%, +53 SSFRs2097 -2.38% Tot OI Rs9126+ 16.9% N
* India’s central bank to hold states’ bond auctions; Gillette India holding their annual shareholders’ meeting. SpiceJet CMD Ajay Singh to address presser.

ROLLOVER SNAPSHOT
* The Nifty rollovers were Below average at 25% vs 26%, BankNifty rollovers (%) were Below average at 26% vs 27% , The SSF roll% were Below average at 37% vs 37%
* December is the 5 week expiry.
* No dividend is expected in Nifty cinstituents in the December series.
* FINANCIALS ,TEXTILES ,POWER ,rolled above average, while rolled below average areMETALS_ETC ,ENGG_CG ,CONSTRUCTION ,CHEMICALS ,IT ,FMCG ,OIL_GAS ,TELECOM ,PHARMA ,CEMENT ,MEDIA ,AUTO_ETC ,MISC.

* Low Roll%:
- Nifty: MARUTI, BAJAJ-AUTO, HINDUNILVR, ONGC, LT, BAJFINANCE, SHREECEM, SBILIFE
- Non-Nifty(front OI >$10m) :SUNTV, SAIL, BHEL, NATIONALUM, ICICIGI, INDUSTOWER, TVSMOTOR, AUBANK, CHOLAFIN, PAGEIND
* Below Average Roll%:
- Nifty: ITC, INDUSINDBK, BAJAJ-AUTO, ADANIPORTS, HDFCLIFE, INFY, JSWSTEEL
- Non-Nifty(front OI >$10m) :SAIL, SUNTV, BHEL, NATIONALUM, TATACHEM, METROPOLIS, ZEEL, AUBANK, MGL, DLF

Open Interest Activity
Nifty Stock :
Long Buildup : BHARTIARTL | ASIANPAINT | | | | | | | |
Short Covering : IDEA | INDUSTOWER | | | | | | | |
Short Buildup : EICHERMOT | NTPC | AMBUJACEM | RELIANCE | GAIL | HDFC | LT | BANKBARODA | KOTAKBANK | MARUTI
Long Liquidation : BHEL | ICICIBANK | ONGC | AUROPHARMA | HEROMOTOCO | M&M | TATASTEEL | HDFCBANK | AXISBANK | TATAPOWER
Non-Nifty Stock :
Long Buildup : PEL | | | | | | | | |
Short Covering : IDEA | NATIONALUM | | | | | | | |
Short Buildup : BEL | AMBUJACEM | CANBK | MRF | GLENMARK | BANKBARODA | PAGEIND | PETRONET | SHREECEM | VOLTAS
Long Liquidation : SRF | APOLLOHOSP | SAIL | ASHOKLEY | BERGEPAINT | GMRINFRA | IGL | BHARATFORG | BHEL | DIVISLAB

OPTIONS CHAIN
Nifty Monthly :25-Nov-21
* Max Call OI :18000 with 164k ctcs |17800 124k ctcs
* Max Put OI :17000 with 80k ctcs |17400 67k ctcs
* Call OI added :17600 with 90k ctcs | 17700 76k ctcs
* Put OI added :17000 with 26k ctcs |15500 22k ctcs
BankNifty Monthly :25-Nov-21
* Max Call OI :38000 with 97k ctcs |40000 96k ctcs
* Max Put OI :37000 with 47k ctcs |35000 41k ctcs
* Call OI added :37500 with 52k ctcs |40000 45k ctcs
* Put OI added :35000 with 21k ctcs |36500 15k ctcs


ON THE RADAR/ EQUITY PREVIEW:
* Centrum Capital (CECA): RBI Sets Out Draft Plan for PMC, Unity Small Finance Bank Merger
* Maruti Suzuki (MSIL): Wins India court halt on 2b rupees antitrust penalty
* ONGC (ONGC): Oil ministry says ONGC can tap private partners to boost output
* India Is Said to Be Working Toward Coordinated Oil Stock Release
* Top Court to Hear Amazon-Future Retail Case
* India to Export About 5m Tons of Sugar in 2021-22 Season: Meir
* India Markets Regulator Approves Medplus Health and 5 Other IPOs
* ONGC Can Tap Private Partners to Boost Output: Oil Ministry
* Worldwide Aluminium Production Rises 0.4% M/m in October: IAI
* Stocks Slide in India as Paytm’s IPO, Reliance Shatter Sentiment
* Paytm CEO Compares His Challenges to Musk’s After IPO Flop (1)
* Global Funds Buy Net INR23.4B India Equities Nov. 18: NSDL

BOND SALES/PURCHASES (All times India Time):
* Indian States to Sell INR87.3B of Bonds on Nov. 23

CORPORATE BONDS:
* Star Union Dai-Ichi Life Plans Up to INR1.25b 10Y Bonds
* Prestige Estates Plans Up to INR5b 2-Part Bond Sale
* Sonata Finance Plans to Sell Up to INR800m 2024 Bonds
* LIC Housing Finance to Sell INR11.2b Tap of May 2025 Bonds
* Tata Capital Housing to Sell INR1.75b 2Y Zero-Coupon Bonds

CORPORATE EVENTS
* 11am. New Delhi. SpiceJet CMD Ajay Singh to address presser on the return of Boeing 737 Max to its fleet. Post presser a trip to Gwalior in the 737 with Aviation Minister Jyotiraditya M. Scinda. Venue: JW Marriott
* 11am. Barclays economists to share Asia Economic Outlook for 2022
* Annual General Meetings: Gillette India
* Earnings Calls: FMGI IN, GIP IN, HNAL IN

OFFERINGS:
* Go Fashion India Ltd.’s IPO gets 135-times demand on last-day of the sale
Global Financial Insights:

Foreign institutional investors (FIIs) have been in retreat mode across emerging markets (EMs). Over the past 12 months (since October 2020), they have withdrawn money from most EMs, including Taiwan, South Africa, Thailand, Malaysia, Philippines and South Korea, data shows. India, Indonesia and Brazil, however, have been an exception where the net FII flow has been still in the positive zone during this period

Over his first term, Jerome Powell became arguably the most dovish chairman in the Fed’s modern history. In his second term he may have to pivot, a strategy with risks to the economy, Mr. Powell and President Biden.

Total and Eni say they are ready to invest billions of dollars in Libya as the OPEC nation emerges from a decade of conflict and civil war

President Biden is preparing to announce a release of oil from the Strategic Petroleum Reserve, in concert with several other countries as soon as Tuesday

New Zealand’s central bank is expected to raise interest rates for a second straight month and signal a more aggressive tightening cycle to contain inflation amid a labor shortage
Analysts/Investors Meeting



Shoppers Stop: The company's officials will meet Antique Stock Broking on November 23.

Titan Company: The company's officials will meet Marcellus Investment Managers on November 23.

Max Healthcare Institute: The company's officials will meet Edmond de Rothschild Asset Management, DNCA Finance Ritz Paris, Amundi Asset Management, and Comgest S.A on November 23.

Nazara Technologies: The company's officials will meet Union MF, & Mirae MF on November 23.

Gokaldas Exports: The company's officials will meet Centrum PMS, Banvan Capital, Kitara Capital, Karma Capital, AUM Advisors, and Paladin Capital on November 23.

Accelya Solutions India: The company's officials will meet Motilal Oswal Mutual Fund on November 24.

Mangalam Organics: The company's officials will meet analysts and investors on November 24.

Himatsingka Seide: The company's officials will meet analysts and investors on November 24.

Elecon Engineering Company: The company's officials will meet investors on November 25, to discuss financial performance.

Sun Pharma: The company's officials will attend Credit Suisse Healthcare Day on November 25, and Ambit Capital Healthcare Conclave on November 29.
U.S. Stocks Sink Into Close on Rout in Tech Shares: Markets Wrap

A final-hour selloff in tech shares sent U.S. stocks to a second straight loss, while Treasuries retreated following President Joe Biden’s nomination of Jerome Powell to head the Federal Reserve for a second term. The dollar climbed.

The S&P 500 turned lower in the final hour of trading, while the Nasdaq 100 dropped more than 1%. The broader index had spent all of the session higher before a sell-off in tech shares popular among hedge funds dragged it lower for the day. Peloton Interactive Inc. and Docusign Inc. slid at least 5.5%. Farfetch Ltd. and Snowflake Inc. drove a basket of software and internet companies that have yet to earn any money down more than 5%.

Read more: Hedge fund darlings sink

“I don’t know why the tape collapsed late but the market has rallied so much, so quickly, a retracement has to happen at some point. This could be the start,” said Mike Zigmont, head of trading and research at Harvest Volatility Management.

The Powell nomination had dominated market sentiment for much of the day before the big about-face in equities. The yield on two-year bonds jumped  toward 0.6%. The U.S. swaps market is now pricing a full 25 basis point rate hike into the June Fed meeting, with a second increase seen for next November. The dollar climbed, while gold slumped more than 2% and oil gained. 

Biden had been considering between Powell and Lael Brainard, who he nominated to move up to Vice Chair. The Powell choice comes amid growing concern the U.S. central bank may fall behind the curve in combating sticky inflation. Consumer-price growth is surging at the fastest pace in decades and expectations for price growth are at the highest since 2013.

“The whole point is it doesn’t change anything -- the same issues are on his plate now, which is are they going to be right that the pop in inflation is going to be transitory and if not, what do they do about it?” David Donabedian, chief investment officer of CIBC Private Wealth Management, said by phone. “The choice about Powell’s renomination is all about continuity.”

Read: Fed Bets Could Move Even More If Decision Lets Powell Cut Loose

Shares got a lift overnight from a flurry of potential deals. Vonage Holdings Corp. jumped more than 20% as Ericsson agreed to buy it. Telecom Italia SpA surged 30% in Europe after KKR & Co. bid for it. 

“We’re kicking off a busier-than-you-may-think Thanksgiving week in rebound mode,” said Chris Larkin, managing director of trading at E*Trade Financial. “And while the short trading week historically is considered sleepier than others, keep in mind that over the past 15 years the U.S. stock market has tended to gain more ground the month after Thanksgiving than the month before it. So coupled with a busy economic calendar and more retail earnings, traders may have good reason to stay tuned in to the market this week.”

U.S. stocks are trading near record levels, outpacing the rest of the world, as investors see few alternatives amid rising inflation and a persistent pandemic that undermines global recovery. Concerns about high valuations and the potential for the economy to run too hot on the back of loose monetary and fiscal policies have interrupted, but not stopped the rally. 

Oil kept gains on speculation that OPEC and its allies may adjust plans to raise production if the U.S. releases crude reserves in coordination with other nations. Delegates said that even the modest output increase they have penciled in may now be re-evaluated when the group meets next week. 

Read: U.S. Poised to Release Oil From Reserve Along With Other Nations

For more market analysis, read our MLIV blog.

Here are some key events this week:

Eurozone, U.S. PMI data Tuesday
Reserve Bank of New Zealand rate decision Wednesday
RIL Aramco O2C deal being re-evaluated. under following 3 aspects.

1. *Reliance is expected to generate Rs 2.5 lakh crore in EBITDA in the next two years*, which would be sufficient to undertake future investments and manage their O2C business balance sheet including for expansion into speciality chemicals and also for reducing debt further.

2. The move will benefit RIL, as *it will not have a holding company discount* as envisaged earlier because of creation of O2C subsidiary. O2C subsidiary creation is being withdrawn by RIL.

3. *New Energy business*: Reliance is moving ahead on a much larger scale in the new material business and that is probably asking them to look at the tie-up differently and not confining to just O2C business with Aramco.

If you look at the Aramco’s point of view what they are thinking is this oil business it not the future. Their future is also in the new material business. *Aramco has already announce their intention of becoming the largest supplier of green hydrogen fuels* in future.

*Fundamentally company remains well placed*. Low market sentiments due to reevaluation of Aramco deal should be used as an *opportunity to buy a fresh at lower levels*.

Deven R Choksey
22.11.21 ( 9 am )
*OPENING BELL*

💫Spandana Sphoorty Financial: Board has appointed Shalabh Saxena as the MD and CEO for a period of 5 years and Ashish Damani as the CFO. Abanti Mitra, independent director, has been appointed as non-executive chairperson.

💫Indian Energy Exchange: To resume trading of Renewable Energy Certificates from November 24, after a gap of almost 16 months. The last REC trade session took place in June 2020.

💫Triveni Engineering & Industries: The company has signed a 10-year business agreement with GEAE Technology USA to locally manufacture the LM2500 gas turbine base and enclosure.

💫Zee Entertainment Enterprises: NCLT Mumbai bench and Delhi bench have sanctioned the scheme of amalgamation of India Webportal, Zee Digital Convergence and Zee Network Distribution with Zee Studios.

💫Zen Technologies: The company has signed an export contract worth Rs 35 crore with one of its important Middle East customers. The order includes Live Simulation equipment (Rs 19.7 crore) and O&M (Rs 15.4 crore) for 4 years. The equipment order is expected to be executed in the next 3 quarters.

💫Kirloskar Ferrous Industries: Board to consider fund raising options on November 25.

💫Quess Corp: The company has raised stake in Stellarslog Technovation to 49%.

💫Union Bank: Allotted Basel III Compliant Additional Tier- 1 bonds in debentures eligible for inclusion in Tier 1 Capital Series XXXII aggregating to Rs 2,000 crore.
Forthcoming Event

22nd November – TIGERLOGS to consider Dividend

23rd November – Polo Queen Industrial to consider Stock Split; Narbada Gems to consider Fund Raising

24th November – SIEMENS to consider Dividend; Seacoast Shipping Services to consider Stock Split

25th November – Visagar Financial to consider Bonus issue; Aarey Drugs to consider Fund Raising; Shivam Autotech to consider Rights Issue

26th November – Zodiac Ventures to consider Fund Raising

27th November – Axita Cotton to consider Bonus issue; Mittal Life Style to consider Fund Raising

29th November – Sagar Productions to consider Scheme of Arrangement

07th December – One Point One Solutions to consider Bonus & Stock Split

08th December – JBM Auto to consider Stock Split