All You Need To Know Going Into Todayās Muhurat Trading Session
Indian shares will open for only an hour-long session on Thursday, when traders and investors make ceremonial purchases marking the Diwali festival.
Here's an all you need to know before opening bell
Here's why Muhurat trading doesn't always augur well.https://t.co/rEI2tFkao9 pic.twitter.com/PNDqyeTo6Y
October 19, 2017Overnight ADR Action
Stocks To Watch
- Reliance Industries: Jio's 84-day plan hiked to Rs 459; data doubled in the Rs 149 scheme
- Tata Teleservices: Board approves fund raising up to Rs 20,000 crore via various options
- Gujarat State Petronet: Executes pact for FSRU project based LNG port
- Mahindra Lifespaces, HDFC Capital to develop affordable housing projects
- VA Tech Wabag: Says power of Board of Directors restored
- Pioneer Embroideries: To issue 1.96 lakh shares at Rs 51 per share to non-promoters on preferential basis
- Jyoti Structures: Lenders approve sub-contracting of West Africa project
Domestic liquidity is real and here to stay.https://t.co/AHej5kjkqh pic.twitter.com/LomyeOOTie
October 19, 2017Corporate Actions
- Zee Media Corporation: Circuit filter revised to 20 precent
Circuit Filter Revised To 5 Percent
- Punjab Alkalies and Chemicals
- Gujarat Borosil
- Sanwaria Agro Oils
Will the market rally continue in the new year? Astro-numerologist @sanjaybjumaani has all the answers. pic.twitter.com/SOtdv3jfgU
October 19, 2017Bulk Deals
Aegis Logistics
- Norges Bank bought 1 crore shares or 3 percent stake at Rs 220.54 each
- Small Cap World Fund Inc sold 1.07 crore shares or 3.2 percent stake at Rs 220.07 each
Gammon Infrastructure
- Promoter Gammon Power Ltd. sold 1.75 crore shares or 1.86 percent stake at Rs 2.8 each
- Frontier Realty Pvt. Ltd. bought 1.72 crore shares or 1.84 percent at Rs 2.8 each
- MAS Financial Services: Destinations International Equity Fund A Series of Brinker Capital Destinations Trust bought 4 lakh shares at Rs 656.47 each
- Goa Carbon: Winnimus LLP sold 95,318 shares or 1.04 percent at Rs 770.85 each
- IOL Chemicals and Pharma: Indiastar (Mauritius) Ltd. sold 24 lakh shares or 4.3 percent stake at Rs 53.12 each
- Gini Silk Mills: Garnet International Ltd. sold 90,000 shares or 1.6 percent stake at Rs 306 each
#BQOpinion | Ten things I learned this #Diwali week, writes @_nirajshah.https://t.co/iUHtc7mC0d pic.twitter.com/JIFZ5Habln
October 19, 2017Index Trends
F&O Cues
- Nifty October futures closed with a premium of 26.7 points from 19 points at 10,237.5
- Nifty October Futures shed 1 percent in open interest
- Nifty Bank sheds 8 percent in open interest
- India Vix closed 0.6 percent lower at 11.54
- Highest call base in October series at 10,200 (OI at 35.9 lakh shares, up 7 percent)
- Highest put base in October series at 10,000 (OI at 76 lakh shares, up 8 percent)
- Call Strikes of 10,200, 10,250 and 10,300 see open interest addition
- Put strike of 10,000 sees open interest addition
- 10,100 put sees open interest unwinding
F&O Ban
- In Ban: BEML, DHFL, HDIL, Indiabulls Real Estate, Infibeam, JP Associates, JSW Energy, Reliance Capital
- New In Ban: HDIL, Reliance Capital
- Out Of Ban: Reliance Communications
Alert: Only intraday positions can be taken in stocks which are in F&O ban. There will be a penalty in case of a rollover.
PCR
- Nifty Put-Call Ratio at 1.61 from 1.65
- Nifty Bank Put-Call Ratio at 0.71 from 1.23
#ThankGodItsDiwali | @SunilBSinghania's Diwali picks.#HappyDiwalihttps://t.co/FoJPPCkwk0 pic.twitter.com/bPJaYh9BNL
October 19, 2017Stocks Seeing High OI Change - October Series
- Torrent Pharma: Sees open interest addition of 48 percent on the long side
- Mahanagar Gas: Sees open interest addition of 16 percent on the long side
- NIIT Tech: Sees open interest addition of 16 percent on the short side
- Just Dial: Sees open interest addition of 9 percent on the long side
- Indraprastha Gas: Sees open interest addition of 6 percent on the long side
- Power Grid: Sees open interest shedding of 13 percent, short covering seen
Fund Flows
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.
-
You May Inherit The Business. You Must Earn Its Credibility.
Succession tests the founder's ability to share authority as much as it tests the next generation's readiness to assume it.
-
Signing Deals Is One Thing; Making Them Work Is Another | The Week In Whys
Sometimes, things don't turn out as planned. Indian companies have lost some bids to rivals, some projects won't produce until 2030.
-
FOMC Wall, PERM Suspension, Hospital Stocks | Talking Points This Week
A PERM suspension would directly affect green-card sponsorship rather than H-1B visas, so the near-term earnings impact could remain relatively limited. The key question is whether this marks a new phase in US scrutiny of Indian IT.
-
Everything, Everywhere, All At Once: Dalal Street's Week To Forget | Joining The Dots
Visa curbs, a Starlink spat and cancer drug caps: what connects this week's shocks for Indian markets
-
India Is Going Abroad For Critical Minerals. But It May Take Years To Pay Off | The Reason Why
Although India's steps are in the right direction, they remain modest compared with India's growing dependence.


