Daily news 17th Dec

Business Standard

Ø  Govt plans online clearances to coal mining projects
Ø  Govt working on debt issue of Air India: Secretary
Ø  Jio-BP brand: RIL, BP sign pact to set up petrol pumps
Ø  Liquidty still not accessible for all NBFCs: CEOs
Ø  Four CPs worth Rs 4,075 crore to list on BSE
Ø  Promoters more alert on pledging shares: Sebi chief
Ø  Govt just dashed hopes of AGR-hit telcos



Ø  ArcelorMittal and Nippon Steel complete acquisition of Essar Steel
Ø  Post trade deal, caution abound as emerging markets ready year-ending rally
Ø  ICRA maintains negative outlook for housing on weak demand, slow sales
Ø  Shipping Industry to witness cost rise of $15 bn over IMO regulations
Ø  Reliance Jio tower assets sold to Canada's Brookfield for Rs 25,000 crore



Mint
Ø  Inflation based on wholesale prices rises to 0.58 per cent in November 2019
Ø  Centre releases ₹35,298 cr as GST compensation to States, UTs
Ø  Weak household consumption to curb growth: Moody’s
Ø  China Aircraft Services ties up with Ramco Systems
Ø  Maruti Suzuki sells over 6 lakh automatic transmission passenger vehicles till


Ø  UK High Court dismisses Chinese banks' $680-mn claim against Anil Ambani
Ø  Sebi taking action quite quickly to address issues: Ajay Tyagi
Ø  Japan’s SMBC picks up 5.4% stake in PE-backed Northern Arc Capital
Ø  Essar Steel resolution to boost Q3 numbers with ₹12,000 cr recovery: SBI chief
Ø  Cipla acquires brand, trademark rights for for anti-diabetic drug Vysov in India



Deccan Chronicle
Ø  E-commerce policy to be finalised after passage of data Bill in Parliament: Official
Ø  Andhra Pradesh attracted investment of Rs 1.39 lakh crore against MoUs for 12.32 lakh crore
Ø  FM Nirmala Sitharaman says government focusing on improving data credibility
Ø  Centre simplifies clearance process for coal mining projects
Ø  India is tenth largest life insurance market
Ø  Sensex ends 71 points lower; FMCG, energy stocks slide
Ø  RBI saw slowdown, acted ahead of time by cutting interest rates from Feb: Das

Daily news 16th Dec

*Business Standard*

Ø  Centre inches closer to its divestment target
Ø  FM to hold pre-Budget consultations beginning Monday
Ø  NLC India to invest Rs 17,000 cr in coal blocks in Odisha
Ø  Cases involving Rs 3.75L cr disposed of at IBC Ist stage
Ø  China suspends planned tariffs on US goods
Ø  14K prosecutions withdrawn under Companies Act
Ø  Airlines oppose Rs 8000-crore Tata Group-GIC stake in GMR Airports
Ø  Lenders step up repossession of commercial vehicles on payment defaults
Ø  Centre likely to pare stake in BEML to 26% via strategic disinvestment
Ø  Stressed discoms' dues to power gencos rose 48% to Rs 81,010 cr in Oct

*Business Line*
*Mint*

Ø  CAIT urges government to take action against e-commerce firms flouting FDI policy
Ø  Regulation for vintage vehicles to be formalised soon
Ø  Government examining foreign fund flows in infrastructure at strategic locations
Ø  Hong Kong posts biggest airport passenger number fall in a decade
Ø  China's BAIC raising Daimler stake to unseat Geely as top shareholder
Ø  Rupeek surpasses gold loan disbursals worth ₹1,000 cr
Ø  Banks’ NPAs again stoke asset quality concerns
Ø  More promoters buy back pledged shares fearing loss of control
Ø  BRICS’ NDB pledges $100  million to NIIF’s Fund of Funds

*Financial Express*
*Deccan Chronicle*

Ø  National Insurance seeks Rs 6,400 crore before merger
Ø  To improve ease of doing business, Govt withdraws over 14k prosecutions under Companies Act
Ø  China welcomes preliminary deal in trade war it blames on US
Ø  PNB under-reported bad loans by Rs 2,617 cr in FY19: RBI report
Ø  Adani Transmission gets LoI for project in Maharashtra
Ø  Forex reserves soar to touch all-time high of USD 453 billion

Buy Nifty 11th Dec

Buy Nifty Fut Above 11914

Sl-11896

Call timing – 9.40 am 11^th Dec

Daily news 11th dec

Business Standard

Ø  RBI finds Rs 11,932-cr hole in SBI's NPA book
Ø  RBI had no objection to electoral bonds via SBI: FM
Ø  Panel asks govt to prevent misuse of input tax credit
Ø  China plans to launch its own digital currency
Ø  IDBI Bank to sell up to 49% stakes in 2 subsidiaries
Ø  Cos can recover exploration cost from new finds
Ø  Sebi relaxes group exposure limit for MFs



Ø  WTO extends ban on tariffs for digital trade, India set to benefit
Ø  Domestic steel demand in October-November shrinks 1.8% YoY: ICRA
Ø  BlackRock sees growth edging higher in 2020, limiting recession risks
Ø  Morgan Stanley fined $22 million for French bond market rigging
Ø  Trai issues revised MNP process notice; new norms effective from Dec 16
Business Line


Mint
Ø  India, Japan discuss bilateral trade imbalance, RCEP pact
Ø  Dilip Buildcon lowest bidder for ₹826-cr Delhi Metro project
Ø  Fuel linkage rationalisation helps CIL save ₹3,770 cr annually
Ø  ‘Proposed India-EU FTA has to address labour, government procurement, sustainability issues’
Ø  `Saudi Arabia wants to be part of India's goal of becoming a $5 trillion economy’
Ø  Yes Bank to favourably consider Citax’s $500 million investment offer


Ø  Nippon Express gets CCI nod to buy 22% stake in Future Supply
Ø  FCI raises ₹8,000 crore on BSE BOND platform
Ø  Antitrust body OKs Piramal Enterprises’ issue of CCDs to Canadian pension fund
Ø  India slowdown: Electricity demand falls for 4th straight month, says govt data
Ø  India asks Japan to reduce trade surplus before Shinzo Abe's visit next week
Ø  London Stock Exchange considers proposals for a shorter trading day
Financial Express


Deccan Chronicle
Ø  Reliance to see return on capital employed rise to 11% in 2 years
Ø  Reliance signs pact with ADNOC for development of chemical facility
Ø  Chinese inflation hits eight-year high as pork prices double
Ø  Fitch revises outlook on Cairn India to negative


Ø  WTO tariff freeze on digital trade extended till June ’20
Ø  Rupee rises 12 paise to 1-month high of 70.92 against US dollar
Ø  Banks cut MCLR rates after RBI nudges on transmission
Ø  Sensex tumbles nearly 250 points; Nifty ends below 11,900
Ø  Start bidding goodbye to Windows 10 Office mobile apps

Daily news 10th Dec

Business Standard

Ø  YES Bank may say no Canadian billionaire's $1.2 billion offer

Ø  Economy may soon get another booster dose

Ø  CGST falls short of budget estimate by 40% in Apr-Nov

Ø  Bank of Baroda to sell up to 1.04 crore UTI AMC shares in IPO

Ø  Goldman raises oil forecast on Opec output cuts

Ø  Ships Recycling Bill sails through in Rajyaoutpu

Ø  Additional 2% export benefits to end Dec 31

Ø  Aluminium firms seek cut in input duties as production costs, imports swell

Ø  Tea Board considering new export cess to fund promotion and marketing

Ø  Mutual Funds' asset base hits Rs 27 trn, bank, PSU funds top allocation

Ø  NSE asks investors to be careful in executing PoA with stock brokers

Ø  Tata Steel asks LGBTQ+ employees to declare partners, avail HR benefits

Mint

Ø  Investors lay siege to SEBI office, demand Karvy-like action against BMA Wealth

Ø  No threat of job losses in auto sector: Minister tells RS

Ø  PSU officers associations oppose BPCL disinvestment

Ø  Sterling and Wilson Solar begins construction of 200 MW Solar Project in Australia

Ø  Equity inflows into mutual funds dip to 41-month low

Ø  HDFC to acquire remaining stake in education loan subsidiary for ₹395 crore

Ø  Currency in circulation rises to ₹21 lakh cr as on March 2019: Govt

Ø  India to witness 7% rise in job creation in Oct-Mar: Report

Ø  Stride Ventures marks first close of ₹500 crore venture debt fund

Deccan Chronicle

Ø  Farm wages growth fell to a four-quarter low in Chrofun

Ø  Japan upgrades 3Q GDP as consumer, business strength absorbs hit from trade

Ø  WTO faces deepest existential crisis ahead of its silver jubilee

Ø  GST Council may use cess route to boost revenue

Ø  Glitches at BSE, NSE cause trouble for investors in OFS

Ø  Coffee Day’s tech park sale stalls over Yes Bank nod

Ø  Banks begin fact check on pledged securities

Ø  Sensex rises 42 points; bank, auto stocks shine

Daily news 9th Dec

Business Standard

Ø  India's real GDP growth in FY20 to come below 5%

Ø  China exports fall in November, imports recover

Ø  Maruti raises production by 4% in November

Ø  Foreign borrowings jump to $3.41 billion in Oct

Ø  CG Power seeks nod to borrow up to Rs 5,000 cr

Ø  FPIs turn net sellers in Indian capital markets in Dec


Ø  Bharti seeks Rs 4,900-cr FDI nod; infusion to make Airtel foreign firm

Ø  373 infrastructure projects hit by cost overruns of Rs 3.89 trn: Report

Ø  Paper to capture 25% of the Rs 80,000 cr single-use plastics market by 2025

Ø  NTT targets $1 billion revenue from India operations in next two years

Ø  SC orders interim stay on NCLAT order on Orchid Pharma resolution process


Mint

Ø  India Inc’s overseas borrowings jump over two-fold to $3.41 bn in October

Ø  Government looking at deploying larger funds for startups: Piyush Goyal

Ø  NTPC signs pact for ₹5,000-crore term loan with SBI

Ø  New household consumer expenditure survey to begin in July

Ø  Reliance’s biotech arm eyes tie-ups to enter diagnostics business

Ø  Canadian pension funds eye private debt space in India

Ø  Amid tariff war, China's exports to US fall 23% to $35.6 bn

Ø  Welspun Group promoters buy majority stake in One Industrial

Ø  Govt plan to allow EPF-NPS portability may be junked

Deccan Chronicle

Ø  India Inc’s foreign borrowings grew over two-fold in October

Ø  India’s Paper industry likely to acquire 25% market share of single use plastics market by 2025

Ø  Average customer unlikely to pay for outgoing calls, says Reliance Jio

Ø  Financial sector fragilities taming growth

buy Nifty Fut 6th Dec

Buy Nifty Fut only 12028.5
Sl-12004
Target-12064

call timing: 6th Dec 12.45 pm

Sell Nifty 6th dec

Sell Nifty Fut @ CMP 12050
Sl - 12065

Call timing: 6th Dec 10.52 am

Daily news 6th Dec

Business Standard

Ø  Government approves allocation of 5 coal blocks

Ø  RBI set to tighten screws on co-op banks

Ø  Govt withdraws GST Circular on back office services

Ø  S&P keeps Airtel rating on negative watch

Ø  Payment banks can convert into small finance banks after 5 years

Ø  Maha govt wants PMC Bank to merge with MSC Bank


Ø  RBI unexpectedly hits pause on rate cut; lowers FY20 GDP forecast to 5%

Ø  Base year for calculating GDP revised due to socio-economic changes: Govt

Ø  Moody's downgrades Yes Bank's ratings, assigns negative outlook

Ø  Nestle India prepares the ground as HUL-GSK Consumer merger nears

Ø  M&M buys 36.6% in Meru for Rs 44.71 cr, to appoint majority of directors


Mint

Ø  Cardekho raises $70 million in Series D funding from Chinese, European investors

Ø  Oil marketing firms’ bid to encourage alternative fuels

Ø  Canada Pension Plan Investment Board to invest up to $600 million in NIIF

Ø  CSIR, BHEL sign pact to develop and market technologies

Ø  Zydus Cadila files application for liver disease drug


Ø  Saudi Aramco raises $25.6 billion in world’s biggest IPO

Ø  Billionaire Lawrence Stroll seeks big stake in Aston Martin: Report

Ø  Tata Motors board approves ordinary shares, warrants to Tata Sons

Ø  Infra and manufacturing sectors disappointed with RBI's policy stance

Ø  DHFL insolvency process starts, investors' claims sought



Deccan Chronicle

Ø  Fitch Ratings says Indian banks to write off more loans

Ø  Rajya Sabha nod to lower corporate tax rates

Ø  15th Finance Commission submits its report for 2020-21 to President

Ø  No way privately-issued digital currencies can be allowed: RBI Governor Shaktikanta Das

Ø  Corporate lending witnessing lack of demand: SBI

Ø  NBFCs, MFIs & co-ops can now become SFBs

Ø  P2P lending limit raised to Rs 50 lakh

Ø  Markets end lower in a see-saw trade as RBI surprises with status quo

Daily news 5th Dec

*Economic Times*
Ø  SBI to sell 8.25% stake in UTI MF via OFS
Ø  SAT refuses relief to lenders in Karvy Broking case
Ø  IL&FS reports Rs 22,527 crore loss for FY19
Ø  'India's cybersecurity market to touch $3 bn by 2022'
Ø  Ashok Leyland announces non-working days for Dec
Ø  Sebi action against auditors not 'turf war': Ajay Tyagi

*Business Standard*
Ø  SAT asks NSE to take a decision on Karvy's licence suspension by Friday
Ø  Anil Ambani firms' CoC to discuss Bharti Airtel's offer on Thursday
Ø  Govt garnered Rs 2.03 trn revenue from Coal India in last 6 fiscals: Joshi
Ø  Govt considering options to decontrol urea, says Fertiliser Minister
Ø  Tata Power-ICICI Bank JV acquires UP based Prayagraj power project

*Business Line*
Ø  Cabinet approves Fourth Code of labour laws, land monetisation
Ø  SAIL records 36 per cent growth in sales during November 2019
Ø  Oil marketing firms’ bid to encourage alternative fuels
Ø  Indian clothing market likely to be worth $53.7 billion in 2020
Ø  Sembcorp to buy out Gayatri Energy’s stake in India venture

*Mint*
Ø  US, China move closer to trade deal despite harsh rhetoric
Ø  Bharat Bond ETF cleared, paves way for retail funds in corporate debt
Ø  Ujjivan Small Finance Bank IPO sees highest subscription in 2019 at 170 times
Ø  Sembcorp buys out Gayatri Projects' 5.95% stake in its subsidiary for ₹406 cr
Ø  FMCG sales on e-commerce sites to touch $4 billion by 2022: Nielsen

*Financial Express*
Ø  OPEC nations grapple with oversupply of oil
Ø  GST Council to review revenue position, compensation cess on December 18
Ø  Coca-Cola’s in-house bottling arm to transfer operations in north India to franchisees

*Deccan Chronicle*
Ø  Govt to launch first debt exchange-traded fund
Ø  India's services industry returns to growth in November on strong demand: PMI
Ø  Bharti Airtel board approves raising up to USD 4 billion
Ø  United Breweries steps into craft beer market

Buy NIfty Fut - 4th Dec

Buy Nifty Fut CMP- 12050

SL-12027

Target-12088

Call timing:4 dec 10.00 am

Daily news 4th Dec

Business Standard

Ø  India's growth likely reached a trough: Goldman Sachs
Ø  S&P reaffirms India’s sovereign rating at BBB
Ø  Jaypee Infra: NBCC, Suraksha Realty place final bids
Ø  RBI MPC starts deliberations on monetary policy
Ø  Global uncertainty could push 7 mn in India to poverty
Ø  Standard Life to sell 2.23% stake in HDFC AMC
Ø  White House considered kicking Huawei out of US banking system: Sources
Ø  Japan preparing $120 billion stimulus package to bolster fragile economy
Ø  SAT asks NSDL to hold back remaining stocks of Karvy Broking clients
Ø  Statistical Commission to discuss junked consumer spending report on Dec 4
Ø  State-run banks lent Rs 4.14 trn to NBFCs, housing financiers in one year
Ø  Advent, Temasek divest stakes in Crompton Greaves worth Rs 1,275 cr

Mint
Ø  Govt mulls easing foreign control rule to aid Air India sale
Ø  Coal India output falls 4% in November
Ø  Sugar mills’ production falls 54% to 18.85 lakh tonnes till Nov 30
Ø  Transasia to acquire facility in Brazil to sell diagnostic products locally
Ø  JSW Steel expects Rs 600 crore TMT bar supply to metro projects
Ø  Mudra NPAs at 2.86% in FY19, says Anurag Thakur
Ø  10,860 cases under IBC pending before NCLT at end of September: Govt
Ø  51 absconders who left country defrauded over ₹17,900 cr; CBI probing: Govt
Ø  92,700 BSNL, MTNL employees opt for voluntary retirement
Ø  IT department issues ₹1.46 trillion in refunds till November end
Ø  Eris Lifesciences buys anti-diabetes novel drug Zomelis in India for $13 million

Deccan Chronicle
Ø  Income Tax dept reports 23% growth in refunds till Nov 28
Ø  Disinvestment: Govt plans offer for sales route in six CPSEs, including Coal India
Ø  Company directors may be on govt’s watch list; 19 lakh directors already axed so far
Ø  Sitharaman to meet state FMs today: Steps to boost GST revenue on agenda
Ø  Reliance Infra invokes RPower's 10.19 cr pledged shares
Ø  Donald Trump sees no deadline for a China trade deal
Ø  Thomas Cook gets brand right for India, Sri Lanka
Ø  Rupee settles flat at 71.66 against US dollar
Ø  Sensex slips over 126 points; metal stocks drag

Buy NIfty 3rd ec

Buy Nifty fut again CMP-12026

SL-12004

Target-12048

Call timing: 3^rd Dec 2.44pm

Buy NIfty Fut - 3rd Dec

Buy Nifty Fut cmp – 12025

SL-12007

Target-12049

Call timing: 3^rd Dec 1: 34 pm

Daily news 3rd Dec

*🔹Business Standard :*


Ø  Karvy case: 90% investors get back their securities

Ø  Crisil slashes FY20 growth forecast to 5.1 per cent

Ø  Government launches independent directors' databank

Ø  Gross direct tax collection rises by 5% till Nov: FM

Ø  $14 bn loans to builders under severe stress: Report

Ø  Steel industry margins set to shrink: India Ratings

Ø  United Spirits proposes merger with Pioneer Distilleries

Ø  Telecom tariff hike expected to benefit sector, boost its financials

Ø   Govt moves Taxation Bill in Lok Sabha seeking changes in income tax law

Ø  Net surplus revenue decreased 66% to Rs 1,666 cr in 2017-18: CAG report

Ø  Ashok Leyland M&HCV sales decline 55% in November; bus sales up 196%

Ø  Tata Motors bags orders for over 2,300 buses from various state govts


*Mint :*


Ø  Corporate tax cut will make India a global manufacturing hub: FM

Ø  No proposal to reduce taxes on petrol, diesel: Central Government

Ø  LG Electronics India posts ₹1,534-crore profit in FY19

Ø  India Inc delivered weak performance during Q2 FY20: ICRA

Ø  Cadila Healthcare gets board nod for amalgamation

Ø  Kia Motors becomes India's fourth largest vehicle manufacturer after two months

Ø  SAMHI Hotels gets Sebi's go ahead for ₹1,800-2,000-crore IPO

Ø  Jaypee Infra case: Suraksha may offer more cash & land to lenders

Ø  Railways operating ratio in 2017-18 was 98.44%, worst in 10 years: CAG

Ø  Yes Bank files insolvency petition against Jaypee Healthcare
*Deccan Chronicle :*


Ø  Foreign investors bring cheer to Indian market in November; FPI in equity at 8-month high

Ø  Government earmarks Rs 937 crore for exploration of non-CIL blocks in FY20

Ø  India’s economic growth likely to remain subdued in near future, says report

Ø  Samsung India’s profit declines 58 per cent, becomes $10 billion firm

Ø  Over 3.38 lakh cos deregistered in last two financial years: Govt

Ø  Rupee edges higher by 8 paise to USD; RBI policy meet in focus

Ø  78 pc depositors of PMC Bank can withdraw entire deposits: govt

Ø  Public sector banks told to outline insurance JVs’ future

Nov report card

Report card for NOV calls...
Profit calculated as per 1st Target only...
there were few days, wherein i could not post calls due to busy schedule.

Trade date	Buy Rate	Sell Rate	Call type	Profit/Loss points
07-Nov	11983	12012	Short call	29
07-Nov	12013	12055	Buy call	42
08-Nov	12016	12060	Buy call	44
08-Nov	12016	11985	Short call	-31
08-Nov	11943	11973	Short call	30
11-Nov	11916	11965	buy call	49
13-Nov	11928	11917	buy call	-11
14-Nov	11880	11915	buy call	35
14-Nov	11885	11910	buy call	25
15-Nov	11890	11925	Short call	35
19-Nov	11922	11944	buy call	22
20-Nov	12008	12038	short call	30
22-Nov	11948.5	11934	buy call	-14.5
27-Nov	12097	12116	buy call	19
	Total			303.5

Buy NIfty

Buy Nifty Fut CMP -12101

Sl – 12069

Target – 12133

Call Timing:11.35 am 2^nd Dce

sell Nifty

Sell Nifty fut CMP -12101

SL-12116

Target – 12078.5

Call timing : 10.16 am 2^nd Dec

Daily news 2nd Dec

Business Standard

Ø  New Sebi framework to boost depository receipts
Ø  FPIs net buyers for 3rd month; invest Rs 23K cr in Nov
Ø  RCEP: Japan says efforts on to address India's concerns
Ø  12 companies want to shift base from China: FinMin
Ø  Telcos to gain Rs 36,000 cr/month from rate hike: Cong
Ø  Nissan, Renault, Mitsubishi Motors form a new venture

Ø  India considers investing $1.39 trn in infrastructure to spur economy
Ø  Sep quarter Debt MFs see Rs 5000-crore outflow over rating downgrades
Ø  Airtel, Voda Idea and Jio to hike mobile, data tariffs by up to 40%
Ø  Maruti Suzuki India sales down 1.9% in November at 150,630 units

Mint
Ø  DBT increased interest cost of fertiliser firms: FAI
Ø  SAIL likely to start manufacturing of speciality rails in 2 years: Official
Ø  LG Electronics India posts ₹1,534-crore profit in FY19
Ø  Mahindra & Mahindra total sales down 9 per cent in Nov
Ø  WTO: 163 countries agree to make changes in rules governing trade dispute resolution


Ø  GST collection recovers to ₹1.03 trillion in November
Ø  Tata Motors’ November wholesales drop 25%
Ø  'India is about competencies, biz prospects; discovering new opportunities'
Ø  SBI Mutual Fund writes down its entire exposure to Reliance Home Finance
Ø  Funding gap slows down startups aiming for global robotics club

Deccan Chronicle
Ø  LIC earns over Rs 14,000 crore profit from stock markets in current financial year
Ø  Axis Bank more than doubles loan provisions for troubled sectors
Ø  Jio boxed into corner; CII, FICCI join cause to seek relief for telcos
Ø  Deadline for filing returns with NFRA extended
Ø  Investors seek proactive steps to guard against broker default
Ø  Indian car buyers becoming less price conscious: JD Power
Ø  Estimates of 2020 sugar production, exports vary