Weekly Trading Diary: 6th to 10th February 2022

Tradingqna · February 5, 2023, 1:13pm

Welcome to the weekly trading diary, a thread for discussing your trades, strategies, ideas, news, stories, etc.

A quick look at how the markets fared in the week gone by;

Things to watch out for in the coming week;

Key earnings to watch out for during the week;

6th February	7th February	8th February	9th February	10th February	11th February
Adani Transmission Limited	Adani Green Energy Limited	Adani Power Limited	Adani Total Gas Limited	BHEL	Balkrishna Industries Limited
Easy Trip Planners Limited	Aditya Birla Fashion and Retail Limited	Adani Wilmar Limited	Aurobindo Pharma Limited	Dish TV India Limited	Balrampur Chini Mills Limited
LIC Housing Finance Limited	Ambuja Cements Limited	Dreamfolks Services Limited	Cholamandalam Financial Holdings Limited	Glenmark Pharmaceuticals Limited
Muthoot Finance Limited	Barbeque Nation Hospitality Limited	Equitas Small Finance Bank Limited	Devyani International Limited	Indigo Paints Limited
Suven Pharmaceuticals Limited	Bharti Airtel Limited	Escorts Kubota Limited	Hindalco Industries Limited	Info Edge (India) Limited
Tata Steel Limited	Computer Age Management Services Limited	Honeywell Automation India Limited	HPCL	Mahindra & Mahindra Limited
Varun Beverages Limited	Deepak Nitrite Limited	Piramal Enterprises Limited	IRCTC	Metropolis Healthcare Limited
	Eveready Industries India Limited	Piramal Pharma Limited	Jet Airways (India) Limited	National Aluminium
	GlaxoSmithKline Pharmaceuticals Limited	Procter & Gamble Health Limited	Life Insurance Corporation Of India	Oil India Limited
	Hero MotoCorp Limited	SHREE CEMENT LIMITED	Lupin Limited	PB Fintech Limited
	Motherson Sumi Wiring India Limited		MRF Limited
			Page Industries Limited
			Sula Vineyards Limited
			Voltas Limited
			Zomato Limited

Key macroeconomic events to watch out for during the week;

	6th February		7th February		8th February		9th February		10th February
Eurozone	Retail Sales (DEC)	Japan	Household Spending (DEC)	India	RBI interest Rate Decision	US	Jobless Claims	China	CPI Inflation (JAN)
UK	Construction PMI (JAN)	US	Trade Balance (DEC)	Japan	Current Account			UK	GDP Growth (Q4CY 2022)
				US	Crude Oil Inventories				Manufacturing Production
									Trade Balance (DEC)

What are you looking forward to in the week? Share below and join the discussion

Tradingqna · February 6, 2023, 1:12pm

Nifty and Sensex ended the first session of the week around half a per cent lower. US futures are trading lower too.

Brent Crude: 80.33 0.75%
USD INR Spot: 82.725 1.10%
India 10Y Bond yield: 7.32 0.59%

Nifty 50 market breadth for the day;

Sectoral performance.

More stats at: stocks.zerodha.com

Amongst the F&O stocks

Vodafone Idea was the top gainer.

MCX was the top loser.

Earnings Update:

Adani Transmission: Net Profit: Rs. 474.7 cr 77.8% YoY; Revenue: Rs. 3,551.7 cr 22% YoY.

Suven Pharma: Net Profit: Rs. 108 cr 32.5% YoY; NII: Rs. 353.7 cr 9.7% YoY.

EaseMyTrip: Net Profit: Rs. 42 cr 4% YoY; Revenue: Rs. 136 cr 58% YoY.

News

January auto sales surged 14% YoY with all categories of vehicles doing well. Sales across two-wheeler, three-wheeler, passenger vehicle, tractor and commercial vehicles grew 10%, 59%, 22%, 8% and 16% each: FADA

Adani Group announced it has prepaid loans worth $1.11 billion ahead of their maturity of September 2024 against shares of Adani Green Energy, Adani Ports and Adani Transmission.

IL&FS Financial Services announced an interim payout of Rs. 3,200 crores towards their creditors, making it the largest cash payout since the government superseded its board in October 2018.

Shares of Indus Towers soared 13.5% on hopes of receiving payments from the government after the government agreed to convert Vodafone Idea’s interest dues into equity shares worth Rs. 16,133.10 crores at an issue price of Rs 10 per share.

Dell Technologies terminated about 6,650 jobs or about 5% of its global workforce due to an uncertain future amidst plummeting demand for personal computers.

Tradingqna · February 7, 2023, 12:55pm

Benchmark indexes failed to hold early gains and closed lower for the second trading session. US markets look set for a mixed start.

Brent Crude: 82.06 0.98%
USD INR Spot: 82.7 -0.03%
India 10Y Bond yield: 7.314 -0.08%

Nifty 50 market breadth for the day;

Sectoral performance.

More stats at: stocks.zerodha.com

Amongst the F&O stocks

Adani Enterprises was the top gainer.

Tata Steel was the top loser.

Earnings Update:

Adani Green: Net Profit: Rs. 103 cr 110% YoY; Revenue: Rs. 1,973 cr 41% YoY.

Ambuja Cements: Net Profit: Rs. 488 cr 13% YoY; Revenue: Rs. 8,036 cr 4% YoY.

Bharti Airtel: Net Profit: Rs. 1,588 cr 92% YoY; Revenue: Rs. 35,804 cr 20% YoY.

Navin Fluorine: Net Profit: Rs. 106.6 cr 54.9% YoY; Revenue: Rs. 563.6 cr 48.7% YoY.

RCF: Net Profit: Rs. 245.2 cr 71.3% YoY; Revenue: Rs. 6,235.1 cr 68.6% YoY.

BSE: Net Profit: Rs. 47.6 cr 18.7% YoY; Revenue: Rs. 204 cr 5.8% YoY.

News

Petronet LNG, India’s top gas importer plans to import up to 1 million tonnes per year (mtpa) of LNG in addition to the existing 8.5 mtpa contract when it renews its long-term deal with Qatar this year.

Aurobindo Pharma gets USFDA approval to manufacture & market Diclofenac Sodium Topical Solution which is used in the treatment of the pain of osteoarthritis of the knees.

Japan’s real wage grew for the first time in 9 months in December 2022 as the nominal pay grew at the fastest pace in nearly 26 years at 4.8% due to fat winter bonuses.

BP announced a record profit of $28 billion for 2022, owing to a jump in energy prices following Russia’s invasion of Ukraine while boosting its dividend in a show of confidence as it scaled back plans to cut oil and gas output by 2030.

Tradingqna · February 8, 2023, 1:15pm

Nifty and Sensex closed strongly, rising nearly 1% after the RBI policy announcement, halting a two-day losing run. Dow and Nasdaq futures indicate a negative start for US markets.

Brent Crude: 84.45 0.44%
USD INR Spot: 82.495 -0.25%
India 10Y Bond yield: 7.344 0.48%

Nifty 50 market breadth for the day;

Sectoral performance.

More stats at: stocks.zerodha.com

Amongst the F&O stocks

Adani Enterprises was the top gainer.

Manappuram Finance was the top loser.

Earnings Update:

Adani Power: Net Profit: Rs. 8.7 cr 96% YoY; Revenue: Rs. 7,764.4 cr 44.8% YoY.

Adani Wilmar: Net Profit: Rs. 246.2 cr 16.5% YoY; Revenue: Rs. 15,438.1 cr 7.4% YoY.

Escorts Kubota: Net Profit: Rs. 180 cr 6.9% YoY; Revenue: Rs. 2,291 cr 14.7% YoY.

Minda Corp: Net Profit: Rs. 52.3 cr 25.2% YoY; Revenue: Rs. 1,068.3 cr 44.7% YoY.

Shree Cement: Net Profit: Rs. 276.7 cr 43.8% YoY; Revenue: Rs. 4,068.8 cr 14.6% YoY.

News

TCS signed its largest deal of FY 23 in the amount of $723 million after expanding its partnership with existing UK-based client Phoenix Group. TCS will be responsible for developing synergies and enhancing the customer experience for ReAssure policyholders.

Jio-bp, a joint venture between Reliance and BP, became the country’s first fuel retailer to announce the initial rollout of E20 petrol, which is a 20% ethanol blend and an 80% fossil-based fuel.

Asia will consume half of the world’s energy for the first time by 2025, while Africa continues to consume much less than its share of the global population, with China consuming the majority of Asia’s electricity consumption: IEA forecast.

Zoom announced that it will lay off about 1,300 employees, 15% of its staff, with significant pay cuts for existing employees due to an overall slowdown in the tech markets along with pandemic excesses coming back to normalcy.

Tradingqna · February 9, 2023, 2:06pm

Benchmark indexes extended their gains for the second trading session, closing marginally higher. Dow and Nasdaq futures point to a good start for US markets.

Brent Crude: 84.92 -0.15%
USD INR Spot: 82.51 0.02%
India 10Y Bond yield: 7.344 0.00%

Nifty 50 market breadth for the day;

Sectoral performance.

More stats at: stocks.zerodha.com

Amongst the F&O stocks

Trent was the top gainer.

Adani Enterprises was the top loser.

Earnings Update:

Cholamandalam Financial Holdings: Net Profit: Rs. 332.1 cr 33.4% YoY; NII: Rs. 3,173.8 cr 18.8% YoY.

IRCTC: Net Profit: Rs. 255 cr 22.3% YoY; Revenue: Rs. 918.1 cr 70% YoY.

MRF: Net Profit: Rs. 174.8 cr 17.03% YoY; Revenue: Rs. 5644.55 cr 14.72% YoY.

RITES: Net Profit: Rs. 147.2 cr 2.3% YoY; RevenueI: Rs.677.3 cr 12.6% YoY.

Sula Vineyards: Net Profit: Rs. 39.2 cr 15.3% YoY; Revenue: Rs. 209.1 cr 14.4% YoY.

Ujjivan FIn services: Net Profit: Rs. 220.4 cr against loss of 151.2 cr YoY; NII: Rs. 753.6 cr 68.7% YoY.

News

Adani stocks fell 5-12% on news that index provider MSCI said it would conduct a free-float review of the conglomerate’s securities.

India’s finished steel exports slumped by 52.2% to 5.33 million tonnes between April and January in the current fiscal due to sluggish global demand and the removal of an export tax in November failing to revive exports.

Credit Suisse fell 10% after announcing a loss of 1.3 billion Swiss francs (about $1.4 billion) in the fourth quarter of last year and posting its biggest annual loss since the 2008 financial crisis at 7.3 billion Swiss francs ($7.9 billion) for 2022.

German inflation slowed to a five-month low in January at 9.2% from 9.6% in December due to government aid and easing energy costs.

Tradingqna · February 10, 2023, 1:17pm

Nifty and Sensex ended the day marginally lower. Futures on Dow and Nasdaq indicate a weak opening for US markets.

Brent Crude: 86.23 2.44%
USD INR Spot: 82.4975 -0.02%
India 10Y Bond yield: 7.363 0.26%

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.

Lupin was the top loser.

Earnings Update:

Alkem Labs: Net Profit: Rs. 454.7 cr 13.5% YoY; Revenue: Rs. 3,041 cr 16.1% YoY.

BHEL: Net Profit: Rs. 42.3 cr 56.5% YoY; Revenue: Rs. 5,264 cr 2.5% YoY.

Info Edge(India): Net Loss: Rs. 116.5 against profit of 4,601 cr YoY; Revenue: Rs. 589.5 cr 39.9% YoY.

M&M: Net Profit: Rs. 1,528 cr 14.5% YoY; Revenue: Rs. 21,654 cr 41% YoY.

Oil India: Net Profit: Rs. 1,746.1 cr 1.5% YoY; Revenue: Rs. 5,276.2 cr 15.8% YoY.

RVNL: Net Profit: Rs. 382.4 cr 30.5% YoY; Revenue: Rs. 5,013 cr 0.7% YoY.

News

Aditya Birla Group announced Rs 25,000 crore in investment across its many industries in Uttar Pradesh, including cement, metals, chemicals, financial services, and renewable energy, in a speech at the Global Investors Summit of Uttar Pradesh.

Capital expenditure by large central public sector enterprises (CPSEs) with a target of Rs 100 crore or more reached 76% of the annual budgeted target of Rs 6.62 lakh crore in the first ten months of 2022-23.

Oil prices rose by more than 2% after Russia announced intentions to cut oil production by 500,000 barrels per day (bpd), or roughly 5% of output, starting next month, after the West imposed price limitations on the country’s oil and oil products.

Yahoo, now owned by PE firm Apollo Global Management, has announced plans to lay off more than 20% of its total workforce as part of a major restructuring of its ad tech division. The cuts will impact nearly 50% of Yahoo’s ad tech employees by the end of this year.

The UK’s economy barely avoided recession as the GDP for Oct to December quarter came in at 0% despite weaker than expected performance in December as the monthly GDP fell by -0.5% as there were widespread strikes in the country’s public sector, rail, and postal services.