News
➣ iPhone production in India rose 37% annually to $10 billion in the April-October period. Out of this, iPhone exports stood at $7 billion. Production in October rose to a new monthly high of $2 billion: Business Standard.
➣ French energy company, TotalEnergies, has stopped further investment in the Adani Group. The decision will remain in place until the US court relieves the Adani Group chairperson of bribery charges. It currently has around 19% stake in Adani Green.
➣ Enviro Infra Engineers IPO has been subscribed 12.52 times. Retail subscription: 8.73 times. Open till tomorrow (26 Nov).
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➣ iPhone production in India rose 37% annually to $10 billion in the April-October period. Out of this, iPhone exports stood at $7 billion. Production in October rose to a new monthly high of $2 billion: Business Standard.
➣ French energy company, TotalEnergies, has stopped further investment in the Adani Group. The decision will remain in place until the US court relieves the Adani Group chairperson of bribery charges. It currently has around 19% stake in Adani Green.
➣ Enviro Infra Engineers IPO has been subscribed 12.52 times. Retail subscription: 8.73 times. Open till tomorrow (26 Nov).
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News
India's milk production rose 3.78% year-on-year to 239.3 million tonnes in FY24 (vs 3.83% rise in FY23).
The total debt of India’s 4 major telecom companies stood at Rs 4.10 lakh crore in FY24. Vodafone-Idea: Rs 2.07 lakh crore. Airtel: Rs 1.25 lakh crore. Jio: Rs 52,740 crore. BSNL: Rs 23,297 crore: Minister of State for Communications.
NTPC Green Energy IPO got listed at a 3.24% premium over its issue price.
India's milk production rose 3.78% year-on-year to 239.3 million tonnes in FY24 (vs 3.83% rise in FY23).
The total debt of India’s 4 major telecom companies stood at Rs 4.10 lakh crore in FY24. Vodafone-Idea: Rs 2.07 lakh crore. Airtel: Rs 1.25 lakh crore. Jio: Rs 52,740 crore. BSNL: Rs 23,297 crore: Minister of State for Communications.
NTPC Green Energy IPO got listed at a 3.24% premium over its issue price.
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Word of the Day
Underweight
Underweight is a rating that an investment analyst gives to a company.
It means the analyst believes the company’s stock will perform lesser than initial expectations.
There are different types of ratings. One of the ways includes giving these ratings:
-Underweight: future performance lower than expected
-Equalweight: future performance as expected
-Overweight: future performance better than expected
Please note that different analysts can have different opinions and ratings on the same stock.
No one truly knows how an investment in going to perform in the future. It is always wiser to do your own research before any investment.
Underweight
Underweight is a rating that an investment analyst gives to a company.
It means the analyst believes the company’s stock will perform lesser than initial expectations.
There are different types of ratings. One of the ways includes giving these ratings:
-Underweight: future performance lower than expected
-Equalweight: future performance as expected
-Overweight: future performance better than expected
Please note that different analysts can have different opinions and ratings on the same stock.
No one truly knows how an investment in going to perform in the future. It is always wiser to do your own research before any investment.
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Word of the Day
Greenshoe option
It is an option used during a fundraise to issue more shares than initially planned.
It is also known as the overallotment option.
If the demand during a fundraise is higher than expected, a company can issue more shares and raise additional funds.
Example: if company ABC announced a fundraise of Rs 3,000 crore, it can have an additional greenshoe option of Rs 2,000 crore.
This makes the total size of the fundraise = Rs 5,000 crore.
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Greenshoe option
It is an option used during a fundraise to issue more shares than initially planned.
It is also known as the overallotment option.
If the demand during a fundraise is higher than expected, a company can issue more shares and raise additional funds.
Example: if company ABC announced a fundraise of Rs 3,000 crore, it can have an additional greenshoe option of Rs 2,000 crore.
This makes the total size of the fundraise = Rs 5,000 crore.
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5 week gone
#SmallCaps not able to make newhigh ..
And Tested 200SMA successfully 17367 low 👍
Will post a new View Soon 🔜
#SmallCaps
Link 👇
https://x.com/Stockstudy8/status/1848601174426996754?t=p80F2qbH9wWmfqKoxrIYlg&s=19
#SmallCaps not able to make newhigh ..
And Tested 200SMA successfully 17367 low 👍
Will post a new View Soon 🔜
#SmallCaps
Link 👇
https://x.com/Stockstudy8/status/1848601174426996754?t=p80F2qbH9wWmfqKoxrIYlg&s=19
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Q2 GDP At 5.4%, India's growth rate slows to its lowest level in 21 months
Rate Cut Ahead ??
Whats your View ?
Poll
https://x.com/Stockstudy8/status/1862511049955483975?t=38dw26lCUTSKhXWXmHt1kQ&s=19
Rate Cut Ahead ??
Whats your View ?
Poll
https://x.com/Stockstudy8/status/1862511049955483975?t=38dw26lCUTSKhXWXmHt1kQ&s=19
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News
➣ India’s annual GDP growth rate was 5.4% in the July-Sept quarter (vs 8.1% in the same quarter last year). Manufacturing grew by 2.2% (vs 14.3%), electricity, gas, water supply and other utilities rose by 3.3% (vs 10.5%), and mining activity fell by 0.1% (vs 11.1% rise): MoSPI.
➣ India’s infrastructure output (of 8 core sectors) rose 3.1% year-on-year in Oct (vs. 2% in Sept). The growth rate for coal, steel, and electricity increased. However, the growth rate for cement, petroleum refinery products, and fertilizers slowed. Output declined for crude oil and natural gas.
➣ The All-India HPI (House Price Index) rose by 4.3% year-on-year in the July-Sept quarter (vs 3.5% in the same quarter the last year). This means that house prices increased at a faster rate. HPI measures house price data for 10 major cities — Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow, and Mumbai: RBI.
➣ The US regulator (SEC) has approved 23-hour stock trading for a new exchange for 5 days a week. The New York Stock Exchange had also filed for a similar round-the-clock trading for 22 hours (yet to be approved).
➣ Enviro Infra Engineers IPO was listed at a 48.65% premium over its issue price.
➣ Suraksha Diagnostic IPO has been subscribed 0.11 times. Retail subscription: 0.20 times. Open till 3 December.
➣ India’s annual GDP growth rate was 5.4% in the July-Sept quarter (vs 8.1% in the same quarter last year). Manufacturing grew by 2.2% (vs 14.3%), electricity, gas, water supply and other utilities rose by 3.3% (vs 10.5%), and mining activity fell by 0.1% (vs 11.1% rise): MoSPI.
➣ India’s infrastructure output (of 8 core sectors) rose 3.1% year-on-year in Oct (vs. 2% in Sept). The growth rate for coal, steel, and electricity increased. However, the growth rate for cement, petroleum refinery products, and fertilizers slowed. Output declined for crude oil and natural gas.
➣ The All-India HPI (House Price Index) rose by 4.3% year-on-year in the July-Sept quarter (vs 3.5% in the same quarter the last year). This means that house prices increased at a faster rate. HPI measures house price data for 10 major cities — Ahmedabad, Bengaluru, Chennai, Delhi, Jaipur, Kanpur, Kochi, Kolkata, Lucknow, and Mumbai: RBI.
➣ The US regulator (SEC) has approved 23-hour stock trading for a new exchange for 5 days a week. The New York Stock Exchange had also filed for a similar round-the-clock trading for 22 hours (yet to be approved).
➣ Enviro Infra Engineers IPO was listed at a 48.65% premium over its issue price.
➣ Suraksha Diagnostic IPO has been subscribed 0.11 times. Retail subscription: 0.20 times. Open till 3 December.
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News
India’s manufacturing PMI fell to 56.5 in November (vs 57.5 in October). This means the manufacturing growth rate slowed in November.
Windfall tax on the exports of aviation turbine fuel (ATF), crude oil, petrol, and diesel has been removed by the government.
The base year for GDP calculation will be changed from 2011-12 to 2021-22. Estimated to be officially launched in 2026.
Audi India will increase its prices for all models by up to 3% from 1 Jan 2025.
Suraksha Diagnostic IPO has been subscribed 0.25 times. Retail subscription: 0.45 times. Open till tomorrow (3 December).
India’s manufacturing PMI fell to 56.5 in November (vs 57.5 in October). This means the manufacturing growth rate slowed in November.
Windfall tax on the exports of aviation turbine fuel (ATF), crude oil, petrol, and diesel has been removed by the government.
The base year for GDP calculation will be changed from 2011-12 to 2021-22. Estimated to be officially launched in 2026.
Audi India will increase its prices for all models by up to 3% from 1 Jan 2025.
Suraksha Diagnostic IPO has been subscribed 0.25 times. Retail subscription: 0.45 times. Open till tomorrow (3 December).
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Word of the Day
Open Market Operations
OMOs are activities conducted by a central bank (RBI) to control the supply of money in the economy
Central banks do this by buying and selling government bonds and securities in the open market.
OMO is usually used to control inflation.
Example: the RBI sells government bonds to banks or the public. The buyers (banks or investors) pay money to the RBI for these bonds.
This reduces the amount of cash in the banking system, which helps control inflation by reducing spending in the economy.
Open Market Operations
OMOs are activities conducted by a central bank (RBI) to control the supply of money in the economy
Central banks do this by buying and selling government bonds and securities in the open market.
OMO is usually used to control inflation.
Example: the RBI sells government bonds to banks or the public. The buyers (banks or investors) pay money to the RBI for these bonds.
This reduces the amount of cash in the banking system, which helps control inflation by reducing spending in the economy.
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Word of the Day
MCLR
MCLR is the minimum interest rate a bank is allowed to charge on loans.
It stands for Marginal Cost of Funds Based Lending Rate.
The MCLR system was introduced by the RBI to replace the base rate system.
In the base rate system, banks took time to lower interest rates even after the RBI reduced the repo rate.
Under the MCLR system, banks have to change their loan interest rates quickly whenever the RBI changes its repo rate.
It is mandatory for banks to review and declare their MCLR interest rate every month.
When MCLR changes, the interest rates on loans tied to it also change.
-Lower MCLR: leads to lower interest rates and lower EMIs.
-Higher MCLR: means higher interest rates and higher EMIs.
MCLR
MCLR is the minimum interest rate a bank is allowed to charge on loans.
It stands for Marginal Cost of Funds Based Lending Rate.
The MCLR system was introduced by the RBI to replace the base rate system.
In the base rate system, banks took time to lower interest rates even after the RBI reduced the repo rate.
Under the MCLR system, banks have to change their loan interest rates quickly whenever the RBI changes its repo rate.
It is mandatory for banks to review and declare their MCLR interest rate every month.
When MCLR changes, the interest rates on loans tied to it also change.
-Lower MCLR: leads to lower interest rates and lower EMIs.
-Higher MCLR: means higher interest rates and higher EMIs.
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36000 > 45000 ♥️♥️♥️
4 5 0 0 0 #NIFTYIT
Keep Calm and Keep Riding 💪
Chart 👇
https://x.com/Stockstudy8/status/1866400529573724667?t=nm_Xhojk0nD8jQKgUmVnXQ&s=19
4 5 0 0 0 #NIFTYIT
Keep Calm and Keep Riding 💪
Chart 👇
https://x.com/Stockstudy8/status/1866400529573724667?t=nm_Xhojk0nD8jQKgUmVnXQ&s=19
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News
➣ SEBI will implement an optional T+0 settlement cycle for the top 500 stocks (by market cap as of 31 Dec). Starting on 31 Jan 2025, the rollout will begin with the bottom 100 of the top 500 stocks, adding 100 more stocks in a sequence. All stock brokers will be allowed to have different charges for T+0 and T+1 settlement cycles.
➣ China's trade surplus rose to $97.44 billion in November 2024 (vs $69.45 billion in Nov 2023). Exports rose 6.7%, and imports fell 3.9% annually.
➣ The government has approved the development of a 2,000 MW solar project in Rajasthan with 30% financial assistance from the centre: Ministry for New and Renewable Energy.
➣ Gross NPAs (non-performing assets) for public sector banks stood at Rs 3.16 lakh crore (3.09% of total loans), and for private banks, they stood at Rs 1.34 lakh crore (1.86% of total loans), as of 30 September: Minister of State for Finance.
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➣ SEBI will implement an optional T+0 settlement cycle for the top 500 stocks (by market cap as of 31 Dec). Starting on 31 Jan 2025, the rollout will begin with the bottom 100 of the top 500 stocks, adding 100 more stocks in a sequence. All stock brokers will be allowed to have different charges for T+0 and T+1 settlement cycles.
➣ China's trade surplus rose to $97.44 billion in November 2024 (vs $69.45 billion in Nov 2023). Exports rose 6.7%, and imports fell 3.9% annually.
➣ The government has approved the development of a 2,000 MW solar project in Rajasthan with 30% financial assistance from the centre: Ministry for New and Renewable Energy.
➣ Gross NPAs (non-performing assets) for public sector banks stood at Rs 3.16 lakh crore (3.09% of total loans), and for private banks, they stood at Rs 1.34 lakh crore (1.86% of total loans), as of 30 September: Minister of State for Finance.
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News
➣ US annual inflation rate rose to 2.7% in November (vs 2.6% in October). Core inflation (excludes volatile items like fuel and food) remained unchanged at 3.3%.
➣ Coca-Cola has sold a 40% stake in its Indian bottling unit, Hindustan Coca-Cola Beverages, to the Jubilant Bhartia Group for over Rs 10,000 crore.
➣ Zepto will launch a separate app for its 10-min food delivery service Zepto Cafe from next week.
➣ Vishal Mega Mart IPO has been subscribed 0.51 times. Retail subscription: 0.53 times. Open till 13 Nov.
➣ Sai Life Sciences IPO has been subscribed 0.84 times. Retail subscription: 0.18 times. Open till 13 Nov.
➣ One MobiKwik Systems IPO has been subscribed 7.32 times. Retail subscription: 26.75 times. Open till 13 Nov.
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➣ US annual inflation rate rose to 2.7% in November (vs 2.6% in October). Core inflation (excludes volatile items like fuel and food) remained unchanged at 3.3%.
➣ Coca-Cola has sold a 40% stake in its Indian bottling unit, Hindustan Coca-Cola Beverages, to the Jubilant Bhartia Group for over Rs 10,000 crore.
➣ Zepto will launch a separate app for its 10-min food delivery service Zepto Cafe from next week.
➣ Vishal Mega Mart IPO has been subscribed 0.51 times. Retail subscription: 0.53 times. Open till 13 Nov.
➣ Sai Life Sciences IPO has been subscribed 0.84 times. Retail subscription: 0.18 times. Open till 13 Nov.
➣ One MobiKwik Systems IPO has been subscribed 7.32 times. Retail subscription: 26.75 times. Open till 13 Nov.
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https://x.com/Stockstudy8/status/1867210235732955412?t=gnGfmxEojYndBFGF46niuA&s=19
Best performing index (last 6 months)
Best performing index (last 6 months)
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News
➣ India’s annual inflation rate fell to 5.48% in November (vs 6.21% in October). Rural inflation fell to 5.95% (vs 6.68%) and urban inflation fell to 4.83% (vs 5.62%).
➣ India’s industrial production grew 3.5% in October (vs 3.1% in September). The manufacturing sector grew 4.1%, electricity grew 2%, and mining grew 0.9%. All 3 sectors reported a higher growth than the previous month.
➣ India’s vegetable oil imports rose 40% year-on-year to 1.63 million tonnes in November.
➣ Inventurus Knowledge Solutions IPO has been subscribed 1.36 times. Retail subscription: 1.68 times. Open till 16 Dec.
➣ Vishal Mega Mart IPO has been subscribed 1.54 times. Retail subscription: 1.16 times. Open till tomorrow (13 Dec).
➣ Sai Life Sciences IPO has been subscribed 1.25 times. Retail subscription: 0.42 times. Open till tomorrow (13 Dec).
➣ One MobiKwik Systems IPO has been subscribed 20.41 times. Retail subscription: 64.65 times. Open till tomorrow (13 Dec).
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➣ India’s annual inflation rate fell to 5.48% in November (vs 6.21% in October). Rural inflation fell to 5.95% (vs 6.68%) and urban inflation fell to 4.83% (vs 5.62%).
➣ India’s industrial production grew 3.5% in October (vs 3.1% in September). The manufacturing sector grew 4.1%, electricity grew 2%, and mining grew 0.9%. All 3 sectors reported a higher growth than the previous month.
➣ India’s vegetable oil imports rose 40% year-on-year to 1.63 million tonnes in November.
➣ Inventurus Knowledge Solutions IPO has been subscribed 1.36 times. Retail subscription: 1.68 times. Open till 16 Dec.
➣ Vishal Mega Mart IPO has been subscribed 1.54 times. Retail subscription: 1.16 times. Open till tomorrow (13 Dec).
➣ Sai Life Sciences IPO has been subscribed 1.25 times. Retail subscription: 0.42 times. Open till tomorrow (13 Dec).
➣ One MobiKwik Systems IPO has been subscribed 20.41 times. Retail subscription: 64.65 times. Open till tomorrow (13 Dec).
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Word of the Day
DTAA
It is an agreement between two countries that prevents double taxation.
It stands for Double Taxation Avoidance Agreement.
Without a DTAA, income earned in a foreign country will end up being taxed twice: once in the foreign country and again in the home country.
This is why to help avoid paying tax twice, countries sign DTAA.
It includes various types of income like salaries, business earnings, dividends, royalties, etc.
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DTAA
It is an agreement between two countries that prevents double taxation.
It stands for Double Taxation Avoidance Agreement.
Without a DTAA, income earned in a foreign country will end up being taxed twice: once in the foreign country and again in the home country.
This is why to help avoid paying tax twice, countries sign DTAA.
It includes various types of income like salaries, business earnings, dividends, royalties, etc.
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Stocks Updates
➣ ITC: fixed the record date as 6 Jan 2025 for the shares allotment of the demerged company, ITC Hotels.
➣ NMDC: fixed the record date for its 2:1 bonus issue of shares as 27 December.
➣ ITC: fixed the record date as 6 Jan 2025 for the shares allotment of the demerged company, ITC Hotels.
➣ NMDC: fixed the record date for its 2:1 bonus issue of shares as 27 December.
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