Asst Editor & Anchor @CNBCTV18Live, CFA, Infovore, Forever Curious, Yellow Lover, Sneakers, Fitness, Keyboardist, 40 under 40, ARR/SRT/Jobs=God, #FMCGisLife
CUES FOR TODAY Both DIIs & FIIs buy in cash! FIIs buy in Index Futures & Sell Puts, but also hedge by buying some Puts 2 things to track - what Nifty Bank does & What Reliance does Support seen b/w 18380-18450 All time high at 18614, Imp to cross
CUES FOR TODAY SGX Nifty -75 Pts, Nifty -50 Pts from record high yesterday Wall St Indices decline ~1.5% China’s Zero Covid Policy impact on supply chains, key FIIs buy 936 cr in cash, DIIs buy 88 Cr FII Long exposure at 73%, they sold 79k Puts Support seen at 18450-18500
13 months, 13 long months which have seen the index go to levels of sub 15200 as well. We’ve fought through FII selling, higher rates, a War, Pandemic waves returning, Insane inflation and what not! This one’s for the faithful investor who chose not to buy a Mercedes! #Nifty
All time high for the Nifty! #StockMarket #Nifty
CUES FOR TODAY - Sharp Short Covering in last hr of Nov Series - US shut for #ThanksgivingDay last night, short session today, too. - FIIs 77% Long at Dec Series start - Mild dip on SGX Nifty, will it be bought? New Highs Around? It's beginning to look a lot like Christmas :)
JK PAPER Both plants can do 1150 Cr at optimum utilization Margins of both plants at 12-13% Both Companies together have 60-70 Cr Debt Net Debt at 2200 Cr, will go below 2000 Cr @JKPaperIndia #JKPaper #StockMarket
TD POWER SYSTEMS Margins in H2 to improve by 100 Bps Will do over 800-820 Cr revenue in FY23 Target 20% growth in FY24 with 1200 Cr by FY25 Key drivers: Capacity Utilization, Orders from Railways
Zomato Vs Swiggy! Looks like Zomato may have an advantage Jefferies sees a case for competitive intensity to reduce #StockMarket
TATA CONSUMER Top Nifty gainer
CUES FOR TODAY Asian Mkts Higher as Fed minutes indicate slower pace of rate hikes US markets shut today for #Thanksgiving SGX Nifty +85 Pts, start 18350 Oil at $85, Dollar Index <106 FIIs wrote >40K Calls, Nov Expiry today Time for Short Covering, or Selling at Gap up?
CUES FOR TODAY Nifty closed at day's high yesterday, SGX Nifty +65 Pts Wall St 1-1.5% higher ahead of Fed Minutes, jobless claims & Thanksgiving FII Sell 698 Cr in Cash, DII +636 Cr FII cover 11k Index Shorts & 51k Short Calls Support at 18100; momentum >18350 imp to sustain
Easy Trip Planners Stock up 35% in last 2 days
ARVIND SMARTSPACES Expect 30% bookings growth in FY23 Expect Debt of 200 Cr by end of the year Have an investment of 900 Cr coming from HDFC Real Estate Fund MD & CEO invested 7.4% in Co last year, through Pref Allotment!
F&O set up at mid-day 18200 still the fulcrum point for Bulls & Bears Combined Premium at 18200 Straddle at 150 Near term Range seen b/w 18050-18350 Nifty 20 DMA at 18080 - Imp Support Sustaining higher levels may lead to some short covering!
JUBILANT FOOD - Incorporates subsidiary in Nepal - To develop and operate Domino‘s Pizza stores in the territory of Nepal - Co already operates Dominos stores in Bangladesh & Sri Lanka Citi Says: Store expansion in Nepal likely to be slow & gradual @dominos_india #FMCGisLife
CUES FOR TODAY: Slight decline on Wall St, Nasdaq -1% Asian Mkts Mixed, SGX Nifty +35 Pts Brent at $87, +ve for us FII sell 1594 Cr in Cash, DII +1263 Cr FII -761 Cr in Index Fut, Longs at 63% FII also sell 50k Calls, 2.1 Lk Calls sold in 2 days 18080 (20 DMA) = Support!
CUES FOR TODAY Slight decline on Wall St, Nasdaq -1% Asian Mkts Mixed, SGX Nifty -150 Pts Brent at $87, +ve for us FII sell 1594 Cr in Cash, DII +1263 Cr FII -761 Cr in Index Fut, Longs at 63% FII also sell 50k Calls, 2.1 Lk Calls sold in 2 days 18080 (20 DMA) = Support!
JINDAL WORLDWIDE Exports this year will be 25% of sales, vs earlier guidance of 30-32% Will see margins b/w 12-15% Capex in Spinning mills will make 60-65% of textile business backward integrated.
GODAWARI POWER Would export 70% of merchant sales before Export Duty Will start looking at exporting again from Jan Current contracts locked till Dec Have seen an increase in prices of Pellets May not even export, if Domestic prices are good enough
SARDA ENERGY Pellet prices at 9700-10000, higher vs last Qtr levels of 8550 Will maintain debt at current levels Don’t export, but removal of export duty may improve prices domestically #StockMarket