The key Indian stock indices ended marginally higher supported by strong auto sales figures and sustained foreign fund inflows. The markets opened higher tracking gains in Asian markets but pared some gains on weakness in European stocks. Auto and banking stocks provided support while telecom and oil & gas stocks declined. Foreign institutional investors remained net buyers in the market over the past two months. The document also provides analysis on various companies that reported their quarterly earnings.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
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Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
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Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
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Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
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The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
1. .
Market Outlook
India Research
August 4, 2010
Dealer’s Diary Domestic Indices Chg (%) (Pts) (Close)
The key benchmark indices provisionally ended a tad higher as banking stocks
BSE Sensex 0.2% 33.6 18,115
and Reliance Industries reported growth. Strong sales reported by auto firms for
Nifty 0.2% 7.9 5,440
July 2010, data showing sustained buying by foreign funds over the past two
MID CAP 0.3% 23.5 7,516
months and revival of the monsoon supported the domestic bourses. The
SMALL CAP 0.3% 31.4 9,467
market pared gains after a firm start triggered by higher Asian stocks. The
Sensex moved in a narrow range until early afternoon trade and slipped into BSE HC 0.4% 20.6 5,625
the red zone in afternoon trade as European stocks declined in early trade. The BSE PSU 0.3% 29.6 9,669
market regained the positive zone later; however, it moved in a narrow range in BANKEX 1.0% 112.3 11,929
late trade. The Sensex and Nifty recovered and ended up by 0.2% each. BSE AUTO -0.1% (7.5) 8,446
mid-cap and small-cap indices also closed up by 0.3% each. Among the front METAL 0.1% 22.0 15,636
liners, Bharti Airtel, ICICI Bank, Hero Honda, RIL and HDFC gained between 1– OIL & GAS 0.7% 68.5 10,334
3%, while RCOM, L&T, ITC, M&M and Jindal Steel lost between 1–2%. Among BSE IT -0.5% (26.3) 5,463
mid caps, HMT, Jubilant Food Works, Cox Kings, MVL and Shriram City gained Global Indices Chg (%) (Pts) (Close)
between 8–15%, while Sigrun Holdings, REI Agro, KGN Industries, Akzo Nobel Dow Jones -0.4% (38.0) 10,636
and Himadri Chemicals lost between 4–5%.
NASDAQ -0.5% (11.8) 2,284
Markets Today FTSE 0.0% (0.6) 5,396
Nikkei 1.3% 123.7 9,694
The trend deciding level for the day is 18118 / 5442 levels. If NIFTY trades
above this level during the first half-an-hour of trade then we may witness a Hang Seng 0.2% 44.9 21,458
further rally up to 18164 – 18213 / 5457 – 5475 levels. However, if NIFTY Straits Times -0.3% (10.3) 3,015
trades below 18118 / 5442 levels for the first half-an-hour of trade then it may Shanghai Com -1.7% (45.5) 2,627
correct up to 18069 – 18023 / 5424 – 5409 levels.
Indices S2 S1 R1 R2 Indian ADRs Chg (%) (Pts) (Close)
SENSEX 18,023 18,069 18,164 18,213 Infosys 2.1% 1.3 $62.6
NIFTY 5,409 5,424 5,457 5,475 Wipro 0.9% 0.1 $13.8
Satyam 2.9% 0.1 $5.0
News Analysis ICICI Bank 0.6% 0.2 $41.6
HDFC Bank -2.2% (3.7) $161.7
Aditya Birla Nuvo – Quick take
Cement Numbers – July 2010
Result Reviews: GPIL, Hindalco, Punj Lloyd Advances / Declines BSE NSE
Result Preview: GIPCL Advances 1,848 708
Refer detailed news analysis on the following page. Declines 1,495 628
Unchanged 80 50
Net Inflows (August 02, 2010)
Rs cr Purch Sales Net MTD YTD
Volumes (Rs cr)
FII 2,647 1,782 864 864 48,805
BSE 4,442
MFs 469 336 133 133 (12,491)
NSE 13,061
FII Derivatives (August 03, 2010)
Open
Rs cr Purch Sales Net
Interest
Index Futures 1,043 794 249 15,357
Stock Futures 1,247 841 406 33,942
Gainers / Losers
Gainers Losers
Price Price
Company chg (%) Company chg (%)
(Rs) (Rs)
Petronet LNG 97 5.2 Punj Lloyd 128 (3.4)
Jai Corp 265 4.9 RNRL 40 (3.3)
Sun TV 472 3.9 Reliance Power 158 (2.5)
IOB 119 3.4 RCOM 174 (2.3)
1
Jubilant Org 363 3.4 India Cement 103 (2.1)
Please refer to important disclosures at the end of this report Sebi Registration No: INB 010996539
2. Market Outlook | India Research
Aditya Birla Nuvo – Quick take
Aditya Birla Nuvo (ABNL), a diversified business conglomerate, is the holding company of
several subsidiaries and has business interests in insurance, asset management, financial
services, garments, carbon black, insulators, rayon, fertilisers, IT and ITeS businesses. Due
to the diverse nature of ABNL’s businesses, we have valued it on an SOTP basis and
assigned 20% conglomerate discount. We recommend a Buy rating on ABNL, with a
Target Price of Rs1,166, implying an upside of 44% from current levels.
Cement Numbers – July 2010
During July 2010, cement despatches decelerated on account of the slowdown in demand
from the infrastructure sector and arrival of the monsoons. The slowdown was across the
country, with the southern region being the most affected as demand fell in the key state of
Andhra Pradesh due to the lull in government-sponsored construction activities. The
cement off-take declined in the northern region as well as with the commonwealth games-
related infrastructure spending, which was one of the major drivers of demand in the
region, coming to an end. Although, demand was poor, despatches of some of the
companies improved primarily due to the increase in capacities. Prices have also corrected
in most of the regions with the average price of cement falling by around 10%.
ACC’s despatches declined by 12.4% yoy to 1.56mt, largely due to its significant presence
in the south (the company derives approximately 25% of its overall revenue from the
region). Ambuja Cement, which is concentrated in the northern and western regions
posted a marginal 1.3% yoy decline in despatches to 1.42mt during July 2010. However,
JP Associates registered a 60% yoy increase in despatches to 1.22mt due to the substantial
increase in capacity addition. The despatches of AV Birla Group comprising Ultratech
Cement and Samruddhi Cement rose 7.9% yoy to 2.92mt. We maintain a Buy rating on
Ultratech, Grasim Industries, India Cements, Madras Cements and JK Lakshmi Cements
and a Neutral rating on ACC and Ambuja Cements.
Result Reviews-1QFY2011
Godawari Power and Ispat
Godawari Power and Ispat’s (GPIL) 1QFY2011 net revenue decreased by 9.6% yoy to
Rs196cr. This was mainly on account of a) reduced sales of billets and ferro alloys as the
company had temporarily shut down the steel plant and sold power at attractive
realisations of Rs5.12/unit; and b) lower production of sponge iron. Sponge iron
realisation increased by 22.5% yoy (flat on a sequential basis) to Rs15,365/tonne. Pellet
production increased to 55,396 tonnes from 48,305 tonnes in 4QFY2010. Average pellet
realisation was Rs7,252/tonne. While EBITDA margin increased by 383bp yoy to 18.4%
but declined by 119bp qoq. We believe this is on account of usage of carryover high-
priced iron ore, purchased from third parties at~Rs5,500–Rs6,000/tonne. We await
further clarity from the management. Consequently, EBITDA increased by 14.1% yoy to
Rs36cr, but declined by 22.8% qoq. Net income decreased by 12.8% to Rs13cr.
We expect GPIL's earnings to grow at a 94.2% CAGR over FY2010–12E, given the ramp
up of iron ore mining capacity and the expected start up of commercial production of
pellets at Ardent Steel. We maintain our Buy rating on the stock with a Target Price of
Rs322, valuing the stock at 3.5x FY2012E EV/EBITDA.
August 4, 2010 2
3. Market Outlook | India Research
Hindalco
For 1QFY2011, Hindalco’s net revenue increased by 32.9% yoy to Rs5,146cr, driven by
higher aluminium volumes and better by-product realisations in the copper business.
However, copper production was lower on account of the planned smelter shutdown for 24
days in April 2010. Further, production at Hirakud is expected to be lower by 20,000
tonnes as operations have been affected by heavy rains. Operations are expected to restart
by end-August 2010. EBITDA margin decreased by 340bp yoy to 16.2% (1QFY2010
included an exceptional gain of Rs150cr) and EBITDA increased by 9.9% yoy to Rs832cr.
Net profit increased by 11.2% as interest expense and other income declined by 13.0% yoy
and 8.5% yoy to Rs59cr and Rs69cr, respectively. We maintain our Buy recommendation
on the stock with a revised Target Price of Rs204 (earlier Rs208).
Punj Lloyd
Punj Lloyd (Punj) posted another set of disappointing numbers with a major
disappointment on the top-line front, which declined 41.7%. Operating margin for the
quarter came in at 7.7% (10.3%), after booking losses of GBP 2.5mn on the Ensus
Bioethonal project. Other expenses (interest and depreciation) were in line with
expectations. On account of subdued operating margins and disappointment on the top-
line front, the company reported a loss of Rs30.4cr for the quarter. We have downgraded
our top-line and bottom-line estimates for FY2011E and FY2012E, and we maintain a Buy
rating on the stock with a revised Target Price of Rs156 (implied P/BV of 1.5x and EV/Sales
of 0.7x – huge discount to its peers).
Result Preview-1QFY2011
GIPCL
GIPCL is expected to announce its 1QFY2011 results. We expect the company to register a
22.0% yoy increase in revenue, primarily due to a substantial increase in its sales volume
due to the recent commissioning of the 250MW Surat Lignite Power Plant. We expect the
company to sell 1,312MU of power during the quarter, up 16% on a yoy basis. The
company's OPM is expected to expand by an impressive 315bp to 26.8%, primarily on
account of cheaper gas. We expect GIPCL's bottom line to increase by 40.5% to Rs41.3cr
in 1QFY2011E. We maintain a Buy rating on the stock with a Target Price of Rs135.
August 4, 2010 3
4. Market Outlook | India Research
Economic and Political News
Indian aviation market seen at US $130bn over 20 years: Boeing
Government seeks additional Rs55,000cr for oil subsidy
Mutual fund assets fall 1.5% in July 2010
Corporate News
Adani Power eyes solar energy, inks 40MW deal
Tata Motors to widen JLR range, boost China sales
HPCL to sell jet fuel to Kingfisher only against cash
Source: Economic Times, Business Standard, Business Line, Financial Express, Mint
Events for the day
Adani Power Results
Ansal Housing Results
Aurobindo Pharma Results
BAG Films Results
Dredging Corp Results
Essar Ship Ports Results
Galaxy Entertainment Results
Garware Polyester Results
Gujarat Industries Power Results
Man Infra Results
Oracle Financials Results
Varun Shipping Results
August 4, 2010 4
5. Market Outlook | India Research
Research Team Tel: 022-4040 3800 E-mail: research@angeltrade.com Website: www.angeltrade.com
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August 4, 2010 5