Weekly trading diary: 30th October - 3rd November 2023

Tradingqna · October 29, 2023, 2:59pm

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 ended Otober 27;

Things to look forward to in the coming week:

Earnings

30th October	31st October	1st November	2nd November	3rd November	4th November
Castrol India	Amara Raja Energy and Mobility	Ambuja Cements	Berger Paints	Escorts Kubota	Bank of Baroda
DLF	Bharti Airtel	Britannia Industries	Cholamandalam Investment and Finance	IDFC Ltd.	SBI
Marico	GAIL India	Godrej Consumer Products	Dabur India	InterGlobe Aviation	PB Fintech
Petronet	Indian Oil Corporation	Hero MotoCorp	Dr. Lal Pathlabs	MRF	Delhivery
P&G Hygiene & Healthcare	Jindal Steel & Power	India Cements	Godrej Properties	Titan
TVS Motors	Max Finncial	IGL	Tata Motors	P&G Health
UPL	Tata Consumer Products	LIC Housing Finance	Adani Enterprises
Nippon Life AMC	Larsen & Toubro	REC	IRFC
Adani Green	Mankind Pharma	Sun Pharma	Adani Power
GMR Airports Infra	Gillette India	Tata Steel
		Adani Wilmar

Economic events

	31st October		1st November		2nd November		3rd November
Japan	Industrial Production (September)	India	Manufacturing PMI (September)	Uk	BoE Interest Rate Decision	India	Services PMI (October)
	BOJ Interest Rate Decision	US	Fed Interest Rate Decision	US	Jobless Claims	Eurozone	Unemployment Rate (September)
China	Manufacturing PMI (October)		Nonfarm Employment (October)			UK	Services PMI (October)
	Non-manufacturing PMI (October)		Manufacturing PMI (October)				Composite PMI (October)
	Composite PMI (October)		Crude Oil Inventories			US	Unemployment Rate (October)
Eurozone	GDP Growth (Q2 CY23)	UK	Manufacturing PMI (October)				Services PMI (October)
	CPI Inflation (October)						Composite PMI (October)
US	Consumer Confidence (October)						Non-manufacturing PMI (October)

Tradingqna · October 30, 2023, 1:33pm

Nifty and Sensex closed positively, surging over half a percent amid mixed global cues. Futures on the Dow and Nasdaq are trading higher.

Brent Crude: 88.01 -1.33%
USD INR Spot: 83.2676 0.02%.
India 10Y Bond yield: 7.371 0.27%

Nifty 50 heat map.

More stats at: technicals.zerodha.com

Amongst the F&O stocks

Vodafone Idea was the top gainer.

Mahindra & Mahindra Financial Services was the top loser.

News

The Adani Group invested nearly $1 billion in the Navi Mumbai airport for operations by December next year. They provided Rs 1,710 crore, secured Rs 2,900 crore in loans, and Cidco contributed Rs 3,655 crore, with further investments planned.

India’s top nine software firms saw workforce reductions for the first time in 25 years. Declines are linked to US and European spending cuts amid global concerns. This year may close with IT firms having fewer employees than it started.

Tata Motors Ltd. won an arbitration ruling to recover Rs 766 crore with interest from WBIDC regarding the Singur-Nano project. The company had sought compensation for lost capital investments in the Singur facility. WBIDC is a key agency of West Bengal’s industrial sector.

The National Highways Infra Trust, backed by the National Highways Authority of India, aims to raise Rs 9,000 crore post-Diwali via debt and equity. This third fundraising round will monetize six 250km highway sections in stages, targeting both domestic and international investors.

Reliance Industries will launch India’s largest luxury mall, Jio World Plaza, in Mumbai’s Bandra Kurla Complex on November 1. Hosting brands like Bvlgari, Cartier, Louis Vuitton, and Manish Malhotra, it’s set to be a premier shopping destination.

Tradingqna · October 31, 2023, 12:57pm

Benchmark indices ended in the red, breaking their two-day gain. US futures are trading slightly higher.

Brent Crude: 86.92 0.63%
USD INR Spot: 83.2692 0.00%.
India 10Y Bond yield: 7.358 -0.15%

Nifty 50 heat map.

More stats at: technicals.zerodha.com

Amongst the F&O stocks

Pidilite Industries was the top gainer.

Siemens was the top loser.

Earnings Update:

Bharti Airtel: Rs. 1,341 cr 37.5% YoY; Revenue: Rs. 37,044 cr 7.3% YoY.

Castrol India: Net Profit: Rs. 194 cr 4% YoY; Revenue: Rs. 1,183 cr 5.5% YoY.

DLF: Net Profit: Rs. 622.8 cr 30.6% YoY; Revenue: Rs. 1,347.7 cr 3.5% YoY.

GAIL: Rs. 2,405 cr 70% YoY; Revenue: Rs. 31,822.62 cr 1.25% YoY.

Marico: Net Profit: Rs. 360 cr 17.3% YoY; Revenue: Rs. 2,476 cr 0.8% YoY.

P&G Hygiene and Health Care: Net Profit: Rs. 210.69 cr 36.4% YoY; Revenue: Rs. 1138.35 cr 8.9% YoY.

TVS Motor: Rs. 537 cr 32% YoY; Revenue: Rs. 8,145 cr 13% YoY.

News

The Securities Appellate Tribunal has reversed the regulatory ban on Punit Goenka, CEO of Zee Entertainment. This allows Goenka to lead the upcoming merged entity of Zee and Sony Pictures Networks India.

Vodafone Idea is set to finalize funding discussions with investors this quarter, according to CEO Akshaya Moondra. An additional Rs 2,000 crore from promoters is expected alongside external investments. The company will repay the spectrum dues bank debt by March’s end.

Blackstone acquired 75% of Care Hospitals for $700 million and a stake in Kims Health. Subsequently, Care will gain a majority in Kims Health. Together, they’ll run 23 facilities across 11 cities.

The government’s fiscal deficit reached Rs 7.02 lakh crore in April-September, accounting for 39.3% of the year’s Rs 17.87 lakh crore target. This widened from Rs 6.43 lakh crore in April-August and is up from 37.3% of the previous year’s target for the same period.

Tradingqna · November 3, 2023, 1:45pm

Benchmark indices closed the day higher for the second consecutive day following favorable global market cues. US futures too are trading higher.

Brent Crude: 87.33 0.55%
USD INR Spot: 83.2669 0.01%.
India 10Y Bond yield: 7.32 -0.03%

Nifty 50 heat map.

More stats at: technicals.zerodha.com

Amongst the F&O stocks

Apollo Hospitals was the top gainer.

Cholamandalam Investment and Finance was the top loser.

Earnings Update:

Dabur: Net Profit: Rs. 1515 cr 4.9% YoY; Revenue: Rs.3,204 cr 7.3% YoY.

Karnataka Bank: Net Profit: Rs.330.3 cr 19.7% YoY; NII: Rs. 822.4 cr 2.4% YoY.

MRF: Net Profit: Rs. 572 cr Profit of 124 cr YoY; Revenue: Rs. 6,088 cr 6.5% YoY.

Tata Motors: Net Profit: Rs. 3,764 cr against loss of 944 crore YoY; Revenue: Rs. 1.05 lk cr 32% YoY.

Titan: Net Profit: Rs. 940 cr 9.7% YoY; Revenue: Rs. 11,660 cr 33.6% YoY.

Zomato: Net Profit: Rs. 36 cr Loss of 251 Cr YoY; Revenue: Rs. 2,848 cr 72% YoY.

News

India’s services PMI dipped to 58.4 in October from a 13-year high of 61 in September.

The Raymond Group confirmed its entry into the aerospace, defense, and electric vehicle (EV) component industry by purchasing a 59.25% share in Maini Precision Products Limited (MPPL) for a total of Rs 682 crore.

Zurich Insurance is set to acquire a majority stake in Kotak Mahindra General Insurance for Rs 4,051 crore, with further share purchases planned over three years. This move enables Kotak Mahindra Bank to align with mandates restricting bank ownership in insurers.