Welcome to the weekly trading diary, a thread for discussing your trades, strategies, ideas, news, stories, etc.
A quick look at how the markets performed in the week gone by;
Things to watch out for in the coming week;
Key earnings to watch out for during the week;
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20th February |
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21st February |
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22nd February |
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23rd February |
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24th February |
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Japan |
Services PMI (FEB) |
India |
RBI MPC meeting minutes |
Eurozone |
CPI Inflation (JAN) |
Japan |
CPI Inflation (JAN) |
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Eurozone |
Services PMI (FEB) |
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US |
FOMC meeting minutes |
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Manufacturing PMI (FEB) |
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GDP Growth (Q4CY22) |
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Composite PMI (FEB) |
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Jobless Claims |
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US |
Services PMI (FEB) |
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Manufacturing PMI (FEB) |
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Composite PMI (FEB) |
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What are you looking forward to in the week? Share below and join the discussion 
Crayons Advertising is going to list on Nse emerge platform.
kya din aa gaye, Email spammer company bhi list hone ja rahi hai. 
Benchmark indices started the week on a negative note, falling from their day’s high and finishing 0.5% lower. Futures on Dow and Nasdaq indicate a mixed start for US markets.
Brent Crude: 83.41 0.53%
USD INR Spot: 82.7225 -0.13%
India 10Y Bond yield: 7.374 -0.19%
Nifty 50 market breadth for the day;
Sectoral performance.
More stats at: stocks.zerodha.com
Amongst the F&O stocks
Coforge was the top gainer.
Adani Enterprises was the top loser.
News
Tata Motors announced that it will sell 25,000 electric vehicle units to Uber. The electric sedans will be used in Uber’s premium category service.
Knitwear exports rose in January after a five-month break as a result of large stores like Walmart restarting orders from Tiruppur’s garment makers after a long break. Tiruppur’s knitwear exports climbed 1.5% in dollar terms and 11.6% in rupee terms in January.
Domestic aviation traffic rose by 95.72% year on year to 1.25 crore in January 2023, up from 64.08 lakhs in the same time the previous year, with airline passenger load factors staying in the 80-90% range: DGCA
Bharat Dynamics rose nearly 5% as the company received an export contract for $255 million, boosting an already strong order book.
Total leasing of office space rose 93% year on year in January to 3.2 million square feet across seven major cities, according to property consultant JLL India, although fell 56% compared to December 2022, owing mostly to the seasonally weak month due to holidays.
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Nifty and Sensex gave up early gains and closed flat amid mixed global market trends. Futures on the Dow and Nasdaq indicate a bad start for US markets.
Brent Crude: 83.41 -0.30%
USD INR Spot: 82.79 0.08%
India 10Y Bond yield: 7.39 0.27%
Nifty 50 market breadth for the day;
Sectoral performance.
More stats at: stocks.zerodha.com
Amongst the F&O stocks
Indian Energy Exchange was the top gainer.
Aditya Birla Fashion and Retail was the top loser.
News
UPI, India’s real-time retail payment system, will be linked with PayNow, Singapore’s similar system, to enable faster and more cost-effective cross-border remittances. Singapore contributed almost 6% of India’s $89B inward remittances in FY22.
According to the IMF, India and China will contribute more than 50% of global growth in the next year, with Asia other than India and China contributing 25% more owing to fading supply-chain disruptions and a surge in the service sector.
Power companies rose 1-4% after the power ministry invoked emergency powers under Section 11 of the Electricity Act to impose a rule requiring imported coal-based plants to function at full capacity in the run-up to the summer season, citing an expected record rise in power usage.
The UK PMI rose above 50 for the first time since July, to 53 in February after the improved reading in the services sector and recovering global demand and stability.
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Benchmark indices continued to decline for a fourth trading session, falling over 1.5% following weak global cues. US futures indicate a muted start for US stocks.
Brent Crude: 82.01 -0.64%
USD INR Spot: 82.85 0.07%
India 10Y Bond yield: 7.425 0.46%
Nifty 50 market breadth for the day;
Sectoral performance.
More stats at: stocks.zerodha.com
Amongst the F&O stocks
Aurobindo Pharma was the top gainer.
Adani Enterprises and Retail was the top loser.
News
Wheat prices in the physical markets have fallen by 30% from January highs of Rs 3,200/quintal, as the third e-auction of wheat by the Food Corporation of India (FCI) enters the market at a much lower selling price than the January price.
India’s FDI inflows dropped 15% YoY to $36.75bn between April-December this fiscal. Total FDI, including equity, reinvested earnings, and other capital, fell 8.5% YoY to $55.27bn during the first nine months of this fiscal year: Department for Promotion of Industry and Internal Trade.
Air-conditioner (AC) stocks rose on an otherwise weak day on expectations of increased volume, as the IMD recently issued the first heat wave alert of 2023 due to a general temperature surge in February, much earlier than March.
The amount of money invested in foreign securities, property, and deposits by Indians in 2022 is likely to be the highest on record. According to Reserve Bank data dating back over a decade, it was the highest spending for any 12-month period at $2.1 billion.
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Benchmark indices closed lower for the fifth trading session after fluctuating between gains and losses. Dow and Nasdaq futures point to a good start for US markets.
Brent Crude: 81.16 1.12%
USD INR Spot: 82.7325 -0.14%
India 10Y Bond yield: 7.391 -0.51%
Nifty 50 market breadth for the day;
Sectoral performance.
More stats at: stocks.zerodha.com
Amongst the F&O stocks
Indus Towers was the top gainer.
Indiabulls Housing Finance was the top loser.
News
Shares of ZEEL plunged 14% before bouncing back to close -3.5% after the NCLT accepted IndusInd Bank’s insolvency petition against the company and included it in the corporate insolvency resolution process.
NSE announced that it had received SEBI’s final approval to establish a Social Stock Exchange as a separate segment on its platform.
Tata Motors is in talks with sovereign wealth funds and PE investors to sell a stake in its EV business for up to $1 billion, with a targeted valuation of around $10.5 billion: ET Report
India’s fuel demand is predicted to increase by 4.7% to 233.8 million tonnes in the next fiscal year, with gasoline domestic demand rising 7.1% to 37.8 million tonnes and gasoil consumption growing by 4.2% to 90.6 million tonnes, according to estimates from PPAC.
India’s retail market is expected to surge to USD 2tn by 2032 from USD 690bn in 2021, with real estate developers adding 25 million sq ft of new mall space in seven major cities in the next 4-5 years, says a report by Anarock and Retailers Association of India.
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Benchmark indexes fell from their day’s high to settle lower, extending their losing streak for the sixth straight session. US futures indicate a negative start for US markets.
Brent Crude: 82.65 0.54%
USD INR Spot: 82.754 0.20%
India 10Y Bond yield: 7.419 0.38%
Nifty 50 market breadth for the day;
Sectoral performance.
More stats at: stocks.zerodha.com
Amongst the F&O stocks
GNFC was the top gainer.
Adani Enterprises was the top loser.
News
Purchases of daily goods and essentials grew by 2.4% in the December quarter, ending a five-quarter drop in the FMCG market. On an annualized basis, volumes increased by 1.3% in rural markets and 3.6% in urban markets: Kantar Worldpanel Data
Tata Group-owned Air India is proposing employing almost 4,200 cabin crew trainees and 900 pilots in 2023. The new announcement comes less than a week after the aviator signed big contracts to deliver 470 aircraft with Airbus SE and Boeing.
Indian companies may offer 10.3% average wage increases this year to retain talent amid high attrition rates, according to Aon India. Factors contributing to wage hikes include a demand gap in the supply chain and changes in talent strategies.
US President Joe Biden has nominated Ajay Banga, an Indian-American entrepreneur, as the World Bank’s president. Banga will oversee financing for the organization’s initiatives to address climate change and other challenges in developing nations.
The US economy grew at 2.7% YoY in the fourth quarter of 2022, slightly lower than the estimates of 2.9%.
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