Monday, April 29, 2024
Global Events
US Negative, Europe Mix & Asian Markets Positive
Nikkei UP 306, Hang S. UP 296, Taiwan UP 332
Kospi UP 21, Shanghai UP 26, St.T down 5 Points
GIFT Nifty UP 58 Points (22,648.50)
DOW futures UP 113 Points,
NASDAQ Futures UP 44 Points
Brent Crude down 1.5% and near $89/bbl level
Dollar Index stable at 105 level and
Bond Yield stable at 4.7%
Japan Nikkei Markets to remain close today
The US PCE Inflation
rose by 2.7% YoY in March compard to 2.5% prior
All eyes on....
FOMC and NFP data today
The Federal reserv policy review is the
prime focus for the market this week
US Market Positive
Dow Jones UP 153 (+0.40%); NASDAQ UP 316 (+2.03%), S&P UP 51 (+1.02%)
European Market Positive
FTSE UP 60 (+0.75) CAC UP 71 (0.89%) DAX UP 243 (+1.36%).
Asian Markets Positive
Domestic Events
Dollar Index down 0.01% and near 105.59
Brent Crude down 0.70% at $88.66/bbl levels,
Rupees down 2 Paisa to close at 83.35 against US$
Sector Watch :
SFB, Banking, NBFC, Textiles, PSU, Retail, Power
Sector Avoid
--
Indian Markets Trend--
Markets likely to bounce back with gap up opening in near term
Overall pre-election rally to continue to scale new high
Result related - Small Mid cap stocks to remain in focus
------
JNK India IPO Subscribed 28.46x on final day
All Eyes on....
Q4FY24 Results : Ultratech Cement, Trent , Canfin Homes
INDIAN INDICES CLOSED ON 26-4-2024
| Indices | Closing | Plus/Minus |
|---|---|---|
| Sensex | 73,730.16 | -609.28 |
| Nifty 50 | 22,419.95 | -150.40 |
| Nifty Bank | 48,201.05 | -293.30 |
| Nifty Midcap 100 | 50,624.10 | 395.60 |
| Nifty Smallcap 100 | 16,981.30 | 94.50 |
| India VIX | 10.9250 | 0.19 |
Daily Level : 29-4-2024
| Stocks | Sup-1 | Sup-2 | Sup-3 | Resi-1 | Resi-2 | Resi-3 |
|---|---|---|---|---|---|---|
| Nifty | 22537 | 22473 | 22399 | 22575 | 22638 | 22714 |
| Bank Nifty | 48455 | 48529 | 48290 | 48510 | 48706 | 48951 |
| SBIN | 805 | 798 | 791 | 812 | 819 | 826 |
| Tata Motors | 1008 | 992 | 977 | 1016 | 1031 | 1047 |
| Axis Bank | 1139 | 1123 | 1106 | 1147 | 1164 | 1181 |
Foreign Institutional Investors (FII) Activities (Rs-. in Cr.)
| Date | Day | Gross Purchase | Gross Sale | Net Purchase |
|---|---|---|---|---|
| 22-4-2024 | Monday | 13189.75 | 16104.98 | -2915.23 |
| 23-4-2024 | Tuesday | 14931.47 | 17976.01 | -3044.54 |
| 24-4-2024 | Wednesday | 10242.95 | 12754.69 | -2511.74 |
| 25-4-2024 | Thursday | 19378.28 | 22201.61 | -2823.33 |
| 26-4-2024 | Friday | 13909.55 | 17318.43 | -3408.88 |
Domestic Institutional Investors (DII) Activities (Rs. in Cr.)
| Date | Day | Gross Purchase | Gross Sale | Net Purchase |
|---|---|---|---|---|
| 22-4-2024 | Monday | 11855.59 | 8312.66 | 3542.93 |
| 23-4-2024 | Tuesday | 12337.81 | 9418.87 | 2918.94 |
| 24-4-2024 | Wednesday | 12601.22 | 8791.32 | 3809.90 |
| 25-4-2024 | Thursday | 19088.02 | 12920.46 | 6167.56 |
| 26-4-2024 | Friday | 14475.58 | 10118.75 | 4356.83 |
Most Buzzing Stocks
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| VST Ind. | 4120.00 | Shakti Pump | 1797.00 |
| Patanjali Food | 1583.00 | Ajanta Pharma | 2193.00 |
| ICICI Bank | 1107.00 | Ashok Leyland | 185.00 |
| SBI Life | 1415.00 | RBL Bank | 265.00 |
| AU Small | 599.00 | IRCON | 250.00 |
| Eveready | 357.00 | IREDA | 270.00 |
| Utkarsh SFB | 59.00 | City Unio Bank | 160.00 |
| Equitas SFB | 62.00 | Shree Digvijay | 111.00 |
Stock WatchLT
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| Astral | 2039.00 | Maruti | 12703.00 |
| Havells | 1640.00 | Shrirram Fin. | 2498.00 |
| Metro Brand | 1082.00 | Patanjali | 1582.00 |
| Force Motors | 9614.00 | Century Textiles | 1997.00 |
| V-Mart | 2161.00 |
Fundamental Stocks
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| Exide Ind. | 466.00 | Crompton | 313.00 |
| Mahindra Life | 165.00 | Oil India | 628.00 |
| Mahindra Holiday | 433.00 | Sun TV | 666.00 |
| PFC | 406.00 |
Technical Stocks
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| Apollo Hospital | 6254.00 | Dabur | 509.00 |
| ONGC | 282.00 | Axis Bank | 1130.00 |
| Canara Bank | 617.00 |
Stock in Action
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| IDFC | 127.00 | Vodafone | 14.00 |
| L&T Fin. | 163.00 | UCO Bank | 57.00 |
| Equitas SFB | 48.00 |
Sell Stocks for Today
| Stocks | CMP | Stocks | CMP |
|---|---|---|---|
| HCL Techno | 1473.00 | SBI Cards | 750.00 |
| M&M Fin. | 258.00 | BSE Ltd | 3212.00 |
| IDFC First Bank | 84.00 |
Primary Markets
Main Line IPO's
|
Sr. No. |
Issue Name |
Open Date & Close Date |
Issue Size | Price |
Market Lot (Minimum Application) |
Listing | Lead Manager |
Rating (Out of 50%) & Recommendation |
|---|---|---|---|---|---|---|---|---|
| 1 | Indegene Limited |
6-5-2024 to 8-5-2024 |
4,07,46,891 Shares |
430 to 452 FV Rs 2 |
33 Shares Rs 14,916 |
BSE & NSE |
Kotak Mah., Citigroup, JP Morgan, Nomura |
-- |
NSE SME IPO's
| Issue Namek |
Open Date & Close Date |
Issue Size | Price |
Market Lot (Minimum Application) |
Listing |
Lead Manager |
Rating (Out of 50%) & Recommendation |
|---|---|---|---|---|---|---|---|
| Slone Infosystems |
3-5-2024 to 7-5-2024 |
14,00,000 Shares Rs 11.06 Cr |
79 FV Rs 10 |
1600 Shares Rs 1,26,400 |
NSE SME |
Jawa Capital | -- |
BSE SME IPO's
| Issue Name |
Open Date & Close Date |
Issue Size | Price |
Market Lot (Minimum Application) |
Listing |
Lead Manager |
Rating (Out of 50%) & Recommendation |
|---|---|---|---|---|---|---|---|
|
Storage Technologies & Automation |
30-4-2024 to 3-5-2024 |
38,40,000 Shares Rs 29.95 Cr |
73 to 78 |
1600 Shares Rs 1,24,800 |
BSE SME |
One View Corporate |
32% Apply for Long Term |
| Amkay Products |
30-4-2024 to 3-5-2024 |
22,92,000 Shares Rs 12.61 Cr |
52 to 55 FV Rs 10 |
2000 Shares Rs 1,10,000 |
BSE SME | Hem Securities |
28% Avoid |
|
Sai Swami Metals & Alloys |
30-4-2024 to 3-5-2024 |
25,00,000 Shares Rs 15 Cr |
60 FV Rs 10 |
2000 Shares Rs 1,20,000 |
BSE SME | Swastika Investment |
26% Clear Avoid |
Grey Market PremiumMain Line IPOs |
||||||||
|---|---|---|---|---|---|---|---|---|
|
Sr. No. |
|
Min. Lot Size (Shares) |
Offer Price | Premium |
Kostak Price (Minimum Application) |
Subject to Sauda |
||
| 1 | JNK India | Main Line IPO | 36 | 395 to 415 | 84 to 85 | - | 2300 | |
| Small HNI | - | 32000 | ||||||
| BIg HNI | - | 32000 | ||||||
| 2 | Indegene Limited | Main Line IPO | 33 | 430 to 452 | 168 to 170 | |||
Grey Market Premium SME IPOs |
||||||||
|---|---|---|---|---|---|---|---|---|
|
Sr. No. |
Min. Lot Size (Shares) |
Offer Price | Premium |
Kostak Price (Minimum Appl. |
Subject to Sauda |
|||
| 1 | Varyaa Creation | BSE SME | 1000 | 150 | +/- 5 | |||
| 2 | Emmforce Autotech | BSE SME | 1200 | 93 to 98 | 122 to 125 | -- | - | |
| 3 | Shivam Chemicals | BSE SME | 3000 | 44 | +/- 3 to 4 | |||
| 4 | Storage Technologies | BSE SME | 1600 | 73 to 78 | 15 to 17 | |||
| 5 | Amkay Products | BSE SME | 2000 | 52 to 55 | 24 to 25 | |||
| 6 | Sai Swami Metals & Alloys | BSE SME | 2000 | 60 | 18 to 20 | |||
| 7 | Slone Infosystems | NSE SME | 1600 | 79 | 19 to 20 | |||
Subscription Figure of JNK India
|
Investor Category |
Shares Offered |
1st Day Subscribed 23-4-2024 |
2nd Day Subscribed 24-4-2024 |
3rd Day Subscribed 25-4-2024 |
|---|---|---|---|---|
| QIB | 31,29,903 | 0.66x | 0.67x | 74.40x |
| HNI | 23,47,497 | 0.26x | 1.28x | 23.80x |
| Retail | 44,77,489 | 0.52x | 1.17x | 4.20x |
| Total | 15,649,878 | 0.50x | 1.05x | 28.46x |
Subscription Figure of SME IPO's
| IPO | SME | Day | Overall Subscribed |
|---|---|---|---|
| Varyaa Creation | BSE SME | Issue Closed on 25-4-2024 | 3.59x |
| Emmforce Autotech | BSE SME | Issue Closed on 25-4-2024 | 364.37x |
| Shivam Chemicals | BSE SME | Issue Closed on 25-4-2024 | 6.61x |
| Sai Swami Metals & Alloys | BSE SME | Issue Opens on 30-4-2024 | |
| Slone Infosystems | NSE SME | Issue Opens on 3-5-2024 |
Important Date of Current Main Line Issue
| IPOs Name | IPO |
Closes Date |
Basis of Allotment |
Refund / Unblock Amount |
Credit of Shares To Demat |
Listing Date |
|
|---|---|---|---|---|---|---|---|
| JNK India | IPO | 25-4-24 | 26-4-24 | 29-4-24 | 29-4-24 | 30-4-24 | |
| Indegene Limited | IPO | 8-5-24 | 9-5-24 | 10-5-24 | 10-5-24 | 13-5-24 | |
Important Date of Current SME Issues
| IPOs Name | IPO |
Closes Date |
Basis of Allotment |
Refund / Unblock Amount |
Credit of Shares To Demat |
Listing Date |
|
|---|---|---|---|---|---|---|---|
| Faalcon Concepts | BSE SME | 23-4-24 | 24-4-24 | 25-4-24 | 25-4-24 | 26-4-24 | |
| Varyaa Creation | BSE SME | 25-4-24 | 26-4-24 | 26-4-24 | 29-4-24 | 30-4-24 | |
| Emmforce Autotech | BSE SME | 25-4-24 | 26-4-24 | 29-4-24 | 29-4-24 | 30-4-24 | |
| Shivam Chemicals | BSE SME | 25-4-24 | 26-4-24 | 29-4-24 | 29-4-24 | 30-4-24 | |
| Storage Technologies | BSE SME | 3-5-24 | 6-5-24 | 7-5-24 | 7-5-24 | 8-5-24 | |
| Amkay Products | BSE SME | 3-5-24 | 6-5-24 | 7-5-24 | 7-5-24 | 8-5-24 | |
| Sai Swami Metals & Alloys | BSE SME | 3-5-24 | 6-5-24 | 7-5-24 | 7-5-24 | 8-5-24 | |
| Slone Infosystems | NSE SME | 7-5-24 | 8-5-24 | 9-5-24 | 9-5-24 | 10-5-24 | |
(More Detail Refer to Smart Investment English + Gujarati Edition publishing on every Sunday)
Listing Day Trading Information
| IPO | SME / Main Line |
Listing Date |
Code | Offer Price |
Listing Price |
Listing Day High |
Listing Day Low |
Listing Day Close |
|
|---|---|---|---|---|---|---|---|---|---|
| Greenhitech Ventures | BSE SME | 22-4-2024 | 544163 | 50 | 95.00 | 99.75 | 95.00 | 99.75 | |
| Ramdevbaba Solvent | NSE SME | 23-4-2024 | RBS | 85.00 | 112.00 | 117.60 | 111.00 | 117.60 | |
| Grill Splendour Services | NSE SME | 23-4-2024 | BIRDYS | 120 | 121.30 | 127.35 | 120.00 | 127.35 | |
| Vodafone - Idea | FPO | 25-4-2024 | IDEA | 11.00 | 13.73 | 13.93 | 13.02 | 13.09 | |
| Faalcon Concepts | BSE SME | 26-4-2024 | 544164 | 62.00 | 95.00 | 95.00 | 90.25 | 90.25 | |
| Varyaa Creation | BSE SME | 30-4-2024 | 150.00 | ||||||
| Emmforce Autotech | BSE SME | 30-4-2024 | - | 93 to 98 | - | - | |||
| JNK India | IPO | 30-4-2024 | 395 to 415 | ||||||
| Shivam Chemicals | BSE SME | 30-4-2024 | 44 | ||||||
| Storage Technologies | BSE SME | 8-5-2024 | 73 to 78 | ||||||
| Amkay Products | BSE SME | 8-5-2024 | 52 to 55 | ||||||
| Sai Swami Metals & Alloys | BSE SME | 8-5-2024 | 60 | ||||||
| Slone Infosystems | NSE SME | 10-5-2024 | 79 | ||||||
| Indegene Limited | IPO | 13-5-2024 | 430 to 452 | ||||||
NCDs Issue
|
Sr. No. |
Issue Name |
Open Date & Close Date |
Issue Size |
Price Face Value |
Min. Application |
Listing |
Rating | Tenor | Recommendation | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
Motilal Oswal Financial Services |
23-4-2024 to 7-5-2024 |
Base Issue Rs. 500 Cr Overall Size : Rs 1000 Cr |
1000 FV Rs 1000 |
10 NCDs Rs 10,000 |
BSE NSE |
CRISIL AA/Stable | 24,36,60 and 120 Months | -- | |
Subscription figure of Motilal Oswal NCDs Issue
| Category |
No. of Bonds Offered/ Reserved |
No. of Times Subscribed 26-4-2024 |
| Institutional | 5,00,000 | 0.00x |
| Non Institutional | 20,00,000 | 0.52x |
| Retail | 20,00,000 | 0.76x |
| Total | 50,00,000 | 0.94x |
Rights Issue
| Sr. No. | Issue Name |
Open Date & Close Date |
Issue Size | Price |
Entitlement |
Terms of Payment | Recommendation | |
|---|---|---|---|---|---|---|---|---|
| 1 | Jyoti Structure |
28-3-2024 to 29-4-2024 |
11,66,66,666 Shares Rs 175 Cr |
15 FV Rs 2 |
6 Rights shares for every 37 Eq. shares held on Record date : 21-3-2024 |
Full amount payable at the time of Application |
Clear Avoid | |
| 2 | Shiva Cement |
22-4-2024 to 6-5-2024 |
10,00,00,000 Shares Rs 400 Cr |
40 FV Rs 2 |
20 Rights shares for every 39 Eq. shares held on Record date : 3-4-2024 |
Full amount payable at the time of Application |
||
| 3 | Sakuma Exports |
25-4-2024 to 13-5-2024 |
7,89,84,298 Shares Rs 199.83 Cr |
25.30 FV Rs 1 |
33 Rights shares for every 98 Eq. shares held on Record date : 15-4-2024 |
Full amount payable at the time of Application |
||
| 4 | Ajooni BIotech |
15-5-2024 to 24-5-2024 |
8,00,00,000 Shares Rs 40 Cr |
5 FV Rs 2 |
1 Rights shares for every 1 Eq. shares held on Record date : 2-5-2024 |
Full amount payable at the time of Application |
||