Reliance Industries plans to raise $1.5 billion in foreign currency bonds in two tranches of $1.36 billion and $140 million to refinance existing loans. The bonds will mature in 43 months. Recently, RIL raised $225 million in 10-year bonds bearing an interest rate of 2.512% annually.
State Bank of India cuts its base lending rate by 0.4% to 9.3% following a 0.5% cut in the RBI's repo rate. SBI will also lower deposit rates by 0.25%.
Technical indicators suggest buying Reliance Industries between 837-841 and State Bank of India between 240-242 based on the targets and
#ChoiceBroking #MorningTea - Global View: US stocks were modestly lower on Thursday, weighed down by a drop in healthcare and consumer names, while financials advanced
slightly after two more Federal Reserve officials pushed the case for a rate hike.
#ChoiceBroking #MorningTea - Global View: US stocks were modestly lower on Thursday, weighed down by a drop in healthcare and consumer names, while financials advanced
slightly after two more Federal Reserve officials pushed the case for a rate hike.
#ChoiceBroking #MorningTea: Global View- Wall Street rose on Friday, clinching the fourth straight positive week for the stock market, boosted by strength in telecom stalwarts
AT&T and Verizon.
#ChoiceBroking #MorningTea : The S&P 500 and the Dow closed slightly lower on Monday, as a drop in oil prices dragged down energy stocks, while tech names Apple and
Alphabet helped lift the Nasdaq to its highest close in over a year.
#ChoiceBroking #MorningTea: Global View- Wall Street rose on Friday, clinching the fourth straight positive week for the stock market, boosted by strength in telecom stalwarts
AT&T and Verizon.
#ChoiceBroking #MorningTea : The S&P 500 and the Dow closed slightly lower on Monday, as a drop in oil prices dragged down energy stocks, while tech names Apple and
Alphabet helped lift the Nasdaq to its highest close in over a year.
HighLights: Indian Rupee recovered from two day lows to end at 66.33 on Friday
US Revised UoM Consumer Sentiment plunged to 89-mark in April
Euro Zone Prelim Flash GDP expanded by 0.6 percent in Q1 of 2016
UK’s Net Lending to Individuals rose to 9.3 billion Pounds in March
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
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
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
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
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
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 WhatsPump Pseudonym Problem and the Hilarious Downfall of Artificial Enga...
Morning Tea
1. SEBI Certified – Research Analyst www.choiceindia.com
Global View
India Update
Today’s Event/ Stock in News
Reliance Industries is reportedly planning to raise $1.5 billion through ECB to refinance its old loans. The company will raise the loan in two
tranches - $1.36 billion in US dollars and $140 million in Japanese yen. The maturity of the bonds would be 43 months from the date of issue.
Recently, the company had raised $225 million through 10-year bonds. The notes have been issued at par and will bear a fixed interest rate of
2.512 per cent per annum with interest payable semi-annually in arrears and shall rank pari passu with all other unsecured and unsubordinated
obligations of the company. Reliance Industries (RIL) is India's largest private sector company, with a consolidated turnover of Rs 3,88,494 crore
($ 62.2 billion), cash profit of Rs 36,291 crore ($ 5.8 billion) and net profit of Rs 23,566 crore ($ 3.8 billion) for the year ended March 31, 2015.
RIL is the first private sector company from India to feature in Fortune's Global 500 list of 'World's Largest Corporations' and continues to be
featured for the 11th consecutive year, currently ranking 114th in terms of revenues and 155th in terms of profits.
Technical Outlook : On daily chart, prices have been taking support of rising trend line at 820 levels. Moreover, prices has formed bullish engulfing
candle stick pattern on daily chart, which is bullish reversal formation. On the other hand, momentum indicator RSI has shown bounce back
from oversold zone territory, which indicates the possibilities of strong rebound in the prices. So for trading perspective, one could Buy in the
range of 837-841 for the Target of 858 with the SL of 828.
The country's largest state-run lender, State Bank of India , has cut its base rate by 40 basis points, or 0.4 percent, to 9.3 percent, effective
October 5. The chairperson, Bhattacharya said that there could be further rate cuts in the future by banks, given that the RBI Governor
Raghuram Rajan has indicated that the door for future rate cuts is open. This morning, the RBI slashed its benchmark repo rate by 50 basis
points (0.5 percent) to 6.75 percent. This came after a total of 75 basis point cut earlier this year in three tranches as inflation pressures eased
in the economy. SBI is also cutting its deposit rates by 25 basis points across maturities, effective next Monday, the bank chief said, adding that
it would help bring down cost of funds for the lender.
Technical Outlook: On daily chart, stock has formed Bullish engulfing candlestick with above average volume, which indicates for upside.
Moreover, stock has been trading above its short moving average 21 DMA which stands at 238.90 level, showing that stock’s trend is up and
could promote upside move from present level. Momentum indicator RSI reading is at 49 marks with positive crossover, which point out for
positive breath in the stock. So for trading perspective, one could Buy in the range of 240-242 for the Target of 247 with the SL of 237.50
RELIANCE
SBIN
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Morning Tea
30th Sept 2015
Buy in the range of 240-242 for the Target of 247 with the SL of 237.50
Buy in the range of 837-841 for the Target of 858 with the SL of 828
Globally, the markets are mixed with the US markets ending mixed as the market stabilised after a steep sell-off. The Dow and
S&P closed higher while the Nasdaq closed lower. Meanwhile, Goldman Sachs cut its year-end forecast for the S&P 500 by 5
percent to 2,000, citing a combination of the slower pace of economic activity in china and the u-s and the fall in oil prices.
European equities closed in the red as investors' sentiment turned negative despite recoveries in mining, autos and oil prices. The
Dow Jones industrial average rose 0.43 percent to end at 16,018.00 points. The S&P 500 gained 0.51 percent to 1884 and the
Nasdaq Composite dropped -0.59 percent to finish at 4,517.32.
Asian stocks mostly stabilized early Wednesday from the carnage in the previous session, mirroring the finish on Wall Street
overnight. The Nikkei has bounced back from eight-month lows. Lower than expected data released before the market open did
little to dampen sentiment. Kospi is playing catch up after being shut for holidays. The market is currently trading near three-
week lows. China's Shanghai Composite index opened up 0.7 percent, in line with the recovery region-wide. The Shanghai
Composite index traded at 0.28% to 3046.58, Hang Seng index traded at 0.90 % to 20743.87., Japan's benchmark Nikkei 225
index traded at 1.81% to 17243.21, South Korea's Kospi index down by –0.47 % to 1933.85 levels. The SGX Nifty suggests a
positive opening for our markets as it is trading at 7885.50, up by 34.50 points.
2. SEBI Certified – Research Analyst www.choiceindia.com
Bulk Deal
Corporate Action / Result Calendar
SEBI Certified – Research Analyst www.choiceindia.com
Morning Tea
30th Sept 2015
Security in Ban
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Sr.No Deal Date SecurityCode SecurityName Client Name Deal Type Quantity Price
1 29/09/2015 530723 ASITCFIN CHARU SHIRISH SHAH B 171000 49.50
2 29/09/2015 530723 ASITCFIN KETAN JAYANTILAL KARANI S 171000 49.50
3 29/09/2015 512301 CHMBBRW NARENDRABHAI SHIVABHAI PARMAR S 100000 14.61
4 29/09/2015 512301 CHMBBRW NARENDRABHAI SHIVABHAI PARMAR B 100000 14.61
5 29/09/2015 512301 CHMBBRW DIPIKA BHAGVANJI VAGHELA S 100000 14.61
6 29/09/2015 512301 CHMBBRW DIPIKA BHAGVANJI VAGHELA B 100000 14.63
7 29/09/2015 533470 RUSHIL GKN SECURITIES S 96603 189.50
8 29/09/2015 533470 RUSHIL GKN SECURITIES B 96603 190.20
9 29/09/2015 537068 SATYA ANAAMMERCHANTS PRIVATE LIMITED S 60000 21.81
10 29/09/2015 537068 SATYA RAJENDRA N SHAH B 32400 21.86
3. SEBI Certified – Research Analyst www.choiceindia.com
Contact Us
www.choiceindia.com
www.choiceindia.comcustomercare@choiceindia.com
Disclaimer
This is solely for information of clients of Choice Broking and does not construe to be an investment advice. It is also not intended as an offer or solicitation for the purchase and sale of any financial
instruments. Any action taken by you on the basis of the information contained herein is your responsibility alone and Choice Broking its subsidiaries or its employees or associates will not be liable in
any manner for the consequences of such action taken by you. We have exercised due diligence in checking the correctness and authenticity of the information contained in this recommendation, but
Choice Broking or any of its subsidiaries or associates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the
information contained in this recommendation or any action taken on basis of this information. Technical analysis studies market psychology, price patterns and volume levels. It is used to forecast
future price and market movements. Technical analysis is complementary to fundamental analysis and news sources. The recommendations issued herewith might be contrary to recommendations
issued by Choice Broking in the company research undertaken as the recommendations stated in this report is derived purely from technical analysis. Choice Broking has based this document on
information obtained from sources it believes to be reliable but which it has not independently verified; Choice Broking makes no guarantee, representation or warranty and accepts no responsibility
or liability as to its accuracy or completeness. The opinions contained within the report are based upon publicly available information at the time of publication and are subject to change without
notice. The information and any disclosures provided herein are in summary form and have been prepared for informational purposes. The recommendations and suggested price levels are intended
purely for trading purposes. The recommendations are valid for the day of the report however trading trends and volumes might vary substantially on an intraday basis and the recommendations may
be subject to change. The information and any disclosures provided herein may be considered confidential. Any use, distribution, modification, copying, forwarding or disclosure by any person is
strictly prohibited. The information and any disclosures provided herein do not constitute a solicitation or offer to purchase or sell any security or other financial product or instrument. The current
performance may be unaudited. Past performance does not guarantee future returns. There can be no assurance that investments will achieve any targeted rates of return, and there is no guarantee
against the loss of your entire investment.
POTENTIAL CONFLICT OF INTEREST DISCLOSURE (as on date of report) Disclosure of interest statement – • Analyst interest of the stock /Instrument(s): - No. • Firm interest of the stock /
Instrument (s): - No.
SEBI Certified – Research Analyst www.choiceindia.com
Research Team
Mr. Sumeet Bagadia Associate Director
Kunal Parmar Research Associate
Ritesh Patel Research Associate
Amit Pathania Research Associate
Vikas Chaudhari Research Associate
Rajnath Yadav Research Associate
Satish Kumar Research Associate
Morning Tea
30th Sept 2015
SEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Kunal Parmar
Digitally signed by Kunal Parmar
DN: cn=Kunal Parmar, o=Choice Equity Broking Pvt
Ltd., ou=Research Dept.,
email=kunal.parmar@choiceindia.com, c=IN
Date: 2015.09.30 08:35:35 +05'30'