DIWALI MUHURAT TRADING TIMINGS
STOCKMARKET BSE & NSE Will Open For An Hour For "Diwali Muhurat Trading" On 24th October 2022. On Below Mentioned Timings.
DIWALI MUHURAT TRADING TIMINGS
STOCKMARKET BSE & NSE Will Open For An Hour For "Diwali Muhurat Trading" On 24th October 2022. On Below Mentioned Timings.
Short Term Cash Market Trading Calls
12th October 2022
Bse Sensex Closed @ 57625.91 ⬆️ 478.59 Points
Nse Nifty Closed @ 17123.60 ⬆️ 140.05 Points
Bank Nifty Closed @ 39118.55 ⬆️ 406.10 Points
India VIX Closed @ 20.1750 ⬇️ 0.3150 Points
Today's Corporate Action 12th Oct Ex Date
COLORCHIPS Stock Split From Rs.10/- to Rs.2/-
GREENCREST Stock Split From Rs.10/- to Rs.1/-
KAARYAFSL Bonus issue 1:1
NIKHILAD Stock Split From Rs.10/- to Rs.1/-
SECMARK Bonus issue 3:2
SHBCLQ Bonus issue 1:2
Today's Board Meetings 12-Oct-22
7NR Quarterly Results
ARTSONEN Quarterly Results
BIRLAPREC General
DYNAVSN General
HCLTECH Quarterly Results;Interim Dividend
INDITALIA General
MANGIND Quarterly Results
MNIL General;Quarterly Results
NATIONSTD Quarterly Results
NXTDIGITAL Quarterly Results
SARDAPPR Preferential Issue of shares;General
SCBL Quarterly Results
SEL Quarterly Results
STANCAP Quarterly Results
SWSOLAR General;Quarterly Results
WIPRO Quarterly Results
YASHCHEM Quarterly Results
In News
L&T Finance Holdings: The company has received approval from Sebi for the sale of 100 percent shareholding in subsidiary L&T Investment Management to HSBC Asset Management (India). With this approval, all necessary actions are being taken to ensure the completion of the proposed transaction, said the company.
Suzlon Energy: The company has received an order for the development of 144.9 MW wind power projects for Aditya Birla Group. It will install 69 units of wind turbine generators with a hybrid lattice tubular (HLT) tower and a rated capacity of 2.1 MW each. The project is expected to be commissioned in 2023.
Commercial Syn Bags: The company said the board of directors on October 22 will consider the proposal for issuance of bonus shares. The board will also consider the increase in the authorised share capital of the company.
Genesys International Corporation: The company has received an order worth Rs 46 crore for the land titling project from the Andhra Pradesh government. The project is planned to be finished by the end of FY23.
Infosys: The stock will be in focus as Ravi Kumar S has resigned as president effective October 11. Ravi Kumar led the Infosys global services organization across all industry segments.
Delta Corp: The casino operator has clocked 19.5 percent sequential growth in consolidated profit at Rs 68.25 crore for the quarter ended September FY23 and revenue during the same period increased by 8 percent to Rs 270 crore. The business is very resilient and has bounced back much stronger. The company has surpassed the pre-COVID set of numbers and has registered strong growth.
REC: The state-owned Navratna company has transferred its entire shareholding in ER-NER Transmission at par value along with all its assets and liabilities to Power Grid Corporation of India. Power Grid is the successful bidder selected through a tariff-based competitive bidding process, for the development of 'a transmission system for evacuation of power from ER-NER SEZ. Its subsidiary REC Power Development & Consultancy, the owner of ER-NER Transmission, has received the amount for stake transfer, comprising professional fees of bid process coordination, interest cost and reimbursement of expenditure incurred on the project.
Results on October 12
Wipro, HCL Technologies, Sterling and Wilson Renewable Energy, 7NR Retail, Artson Engineering, Mangalam Industrial Finance, Mega Nirman and Industries, National Standard (India), Nxtdigital, Sanathnagar Enterprises, Standard Capital Markets, and Yash Chemex will be in focus ahead of quarterly earnings on October 12
STOCKS ON FOCUS
IIFL says Strong Export run-rate seen in JBCHEPHARM over past 2 quarters, has sustained in 2QFY23 as well. JB is likely to report >30% YoY growth in Export sales in 2QFY23.
POLYMEDICURE : Weaker rupee to aid margins by 200-250 Bps. Lower RM costs to further improve margins. Maintain 20% growth guidance for the year. Growth Drivers: Dialysis kits, PLI Schemes, US Biz increasing going forward.
PG Electroplast : Institutional interest increases in the stock. Mgmnt says, in talks with other institutions too. PG Electroplast: Avestha Fund Management LLP acquired 1.42 lakh equity shares in the company via open market transactions. These shares were bought at an average price of Rs 1,046.79 per share.
INSECTICIDES INDIA : - Rupee deprecation hurts Co’s business, - Will be difficult to expand margins by 100 Bps, as guided, - Exports impacted too, will strive to meet lowered 150 Cr guidance for this year, - New products and Capex to aid biz going ahead!
SUGAR STOCKS , PRAJ ; Govt urges distilleries to maximise ethanol production
In a meeting conducted by senior officials of the department of food and public distribution recently, supplies of ethanol were reviewed from all sugar based distilleries of major sugar producing states, except for Uttar Pradesh and Maharashtra. Sources privy to details said that all distilleries were requested to maximise the production of ethanol for ensuring success of government's ethanol blending programme.
Key events this week:
Earnings this week include: JPMorgan Chase & Co., Citigroup Inc., Morgan Stanley, BlackRock Inc., Delta Air Lines Inc., UnitedHealth Group Inc., U.S. Bancorp, Wells Fargo & Co.
Fed’s Loretta Mester speaks, Tuesday
BOE’s Andrew Bailey speaks, Tuesday
FOMC minutes for September meeting, Wednesday
US PPI, mortgage applications, Wednesday
OPEC Monthly Oil Market Report, Wednesday
Fed’s Michelle Bowman and Neel Kashkari speak
ECB’s Christine Lagarde speaks
US CPI, initial jobless claims, Thursday
G-20 finance ministers and central bankers meet, Thursday
China CPI, PPI, trade, Friday
US retail sales, business inventories, University of Michigan consumer sentiment, Friday
BOE emergency bond buying is set to end, Friday
Some of the main moves in markets:
Stocks
The S&P 500 rose 0.2% as of 11:45 a.m. New York time
The Nasdaq 100 was little changed
The Dow Jones Industrial Average rose 0.9%
The Stoxx Europe 600 fell 0.6%
The MSCI World index fell 0.3%
Currencies
The Bloomberg Dollar Spot Index fell 0.2%
The euro rose 0.3% to $0.9731
The British pound rose 0.7% to $1.1132
The Japanese yen was little changed at 145.63 per dollar
Cryptocurrencies
Bitcoin fell 0.5% to $19,151.76
Ether fell 1.2% to $1,291.75
Bonds
The yield on 10-year Treasuries advanced one basis point to 3.89%
Germany’s 10-year yield declined four basis points to 2.30%
Britain’s 10-year yield declined four basis points to 4.44%
Commodities
West Texas Intermediate crude fell 2.1% to $89.25 a barrel
Gold futures rose 0.6% to $1,685.80 an ounce.
DATE 11-10-2022
NIFTY SPOT 16983 -257 (1.49%)
NIFTY FUT.OCT. 16979 VS 17227
NIFTY PREMIUM OCT. -04 VS -14
NIFTY CHANGE OI OCT.
BANKNIFTY SPOT 38712 (-0.972%)
BANKNIFTY OCT. 38810 VS 39216
CHANGE OI OCT.
FII DATA IN CRORE
CASH FII -4612 & DII +2430
INDEX FUT -1015 STOCK FUT -1659
INDEX OPT -1629 STOCK OPT -221
FNO TOTAL NET -4525
NIFTY HIGHEST OI (IN LACS)
CALL WEEKLY MONTHLY OCT.
17200 -93, 18000 -36,
18000 -90, 17100 -25,
PUT WEEKLY MONTHLY OCT.
17000 -54, 17000 -37,
16000 -51, 16000 -34,
NIFTY HIGHEST OI ADD (IN LACS)
CALL WEEKLY MONTHLY OCT.
17200 +52, 17100 +09,
17100 +39, 18100 +04,
PUT WEEKLY MONTHLY OCT.
16600 +13, 17100 +06,
16800 +10, 16000 +03,
HIGHEST OI BANKNIFTY (IN LACS) WEEKLY
CALL PUT
39000 +30, 37000 +20,
HIGHEST OI ADD TODAY (IN LACS) WEEKLY
CALL PUT
41000 +05, 38500 +08,
PUT CALL RATIO
NIFTY – 0.73
BANKNIFTY- 0.74
INDIA VIX
20.49 VS 18.81
NSE ADV./DEC.
Advances -513,
Declines 1702,
52-WK H/L(NSE)
HIGH- +46, LOW- -26
SHORT TERM CALL Buy Suven Life Sciences Cmp 63 SL Below 55 Tgt 66 / 69 / 72 / 75 / 78++ In Coming Days..