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RELIANCE

20123456789,401234567893012345678970123456789.7012345678950123456789
+17.55 (+0.73%)
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Previous Close: 2420.2
1D
5D
1M
3M
1Y
5Y
MAX
Today's low
2421.65
Today's high
2440.85
52 week low
2180
52 week high
2856
Volume
6346812
About
TECHNICAL SUMMARY
DMA(12)
₹2647.19
DMA(50)
₹2515.44
DMA(100)
₹2528.47
DMA(200)
₹2536.95
FUNDEMANTAL SUMMARY
Market Cap
₹1649406.03 Cr.
Enterprise Value
₹1894708.03 Cr.
No. of Shares
676.61
P/E
24.08
RoE
9.86
Debt/Equity
0.44
Valuations
PE CHART
36384042444648
PB CHART
2.002.102.202.302.402.50
Promoter Holdings
Public : 10.98%
FII : 22.46%
DII : 16.3%
Promoter : 50.27%
Others : 0%
PEER COMPARISON
Peer companies
Market Capital (Cr.)
P/E
P/B
Price(₹)
Charts
DEBT/EQUITY
0.400.500.600.70
Mar, 2019Mar, 2020Mar, 2021Mar, 2022Mar, 2023
ROE VS ROCE
8.09.010.011.012.013.0
Mar, 2019Mar, 2020Mar, 2021Mar, 2022Mar, 2023
ROE
ROCE
REVENUE VS PROFITABILITY (1000CR.)
200400600800
Mar, 2019Mar, 2020Mar, 2021Mar, 2022Mar, 2023
Revenue
Profit
MARGINS(%)
101520
Mar, 2019Mar, 2020Mar, 2021Mar, 2022Mar, 2023
Net Margin
Gross Margin
Posts by FrontPage Users
NewsBot-display-image
Reputation: 181,737  •  Yesterday 4:36 AM
I&B sector attracts ₹6,058 crore FDI in H1 of FY24
I&B sector attracts ₹6,058 crore FDI in H1 of FY24
As per data sourced from the Department for Promotion of Industry and Internal Trade (DPIIT), the sector accounted for 3.6% of the overall FDI inflow of ₹31,720 crore during the period.
The Economic Times

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Price Action Trading-display-image
Reputation: 245,084  •  Yesterday 12:51 AM

RELIANCE MAKING TRIANGLE
BUY ABOVE 2441
SELL ON REVERSAL
Chartbusters - chart - 236454835

3 Votes

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Reputation: 181,737  •  Yesterday 7:16 PM
Global industrial real estate giant Panattoni to invest over Euro 100 mn in India for significant growth
Global industrial real estate giant Panattoni to invest over Euro 100 mn in India for significant growth
One of the world's largest industrial real estate developers, Panattoni, plans to invest over Euro 100 million in the Indian market, aiming for a total built-up area of 7-8 million sq ft by the end of the next fiscal year. The company has acquired 18 acres of land for its first project in India, with Phase 1 covering 717,000 sq ft and an expected completion by January 2025.
The Economic Times

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Reputation: 181,737  •  Yesterday 5:51 AM
Trai asks Jio, Airtel to clearly state terms of unlimited 5G data packs
Trai asks Jio, Airtel to clearly state terms of unlimited 5G data packs
While giving a clean chit to both the operators on the predatory pricing complaint by Vodafone Idea, the regulator has concluded that the tariffs are not below costs as alleged by Vodafone Idea, officials familiar with the matter told ET. They added that Vodafone Idea itself has been offering unlimited 4G data. Trai's directive to Jio and Airtel means that both the players can continue to offer unlimited 5G data but would need to explain the terms and conditions in a more elaborate way.
The Economic Times

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Reputation: 181,737  •  Dec 5 4:31 AM
RPL case: SAT quashes Sebi's order against Mukesh Ambani, Reliance
RPL case: SAT quashes Sebi's order against Mukesh Ambani, Reliance
Securities Appellate Tribunal (SAT) has overturned the decision made by the Securities and Exchange Board of India (Sebi) against Mukesh Ambani and his company Reliance Industries (RIL). The order accused them of engaging in trades that influenced the prices of Reliance Petroleum (RPL) stock back in 2007. SAT has revoked the penalties imposed on RIL, Ambani, Navi Mumbai SEZ, and Mumbai SEZ, which amounted to a total of Rs 70 crore.
The Economic Times

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Reputation: 181,737  •  Dec 5 12:16 AM
RPL case: SAT quashes Sebi order against Mukesh Ambani, 2 others
RPL case: SAT quashes Sebi order against Mukesh Ambani, 2 others
In January 2021, Sebi imposed a Rs 25 crore fine on Reliance Industries Ltd(RIL), Rs 15 crore on Ambani, who is the company's Chairman and Managing Director, Rs 20 crore on Navi Mumbai SEZ Pvt Ltd and Rs 10 crore on Mumbai SEZ Ltd in RPL case.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• The Securities Appellate Tribunal has set aside the penalty imposed by Sebi on Reliance Industries Ltd.'s Chairman Mukesh Ambani and two other entities in a case related to alleged manipulative trading in the shares of erstwhile Reliance Petroleum Ltd.
•......read more

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JayTrader-display-image
Reputation: 74,118  •  Dec 4 7:13 PM

#RELIANCE quick chart update in 5mins TF.....!!!
Chartbusters - chart - 234684221

39 Votes

15 Comments
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Reputation: 181,737  •  Dec 4 4:26 PM
Upstream sector entering a multi-year upcycle after 8 years; RIL, ONGC could give 15-20% in 2024
Upstream sector entering a multi-year upcycle after 8 years; RIL, ONGC could give 15-20% in 2024
Global energy agencies (such as IEA and EIA) are forecasting a strong trajectory for oil prices in 2024, despite the recent demand-related concerns.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Global energy agencies are forecasting a strong trajectory for oil prices in 2024, with the upstream sector expected to enter a multi-year upcycle.
• Refining remains in a sweet spot, while marketing is expected to remain volatile.
• Reliance Industries ......read more

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The Market Traders-display-image
Reputation: 11,815  •  Dec 4 1:57 AM

15 minute chart for Intraday on 04.12.23
Buy above- 2396
Chartbusters - chart - 233792164

3 Votes

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Reputation: 181,737  •  Dec 3 8:41 PM
Mcap of nine of top-10 most valued firms up Rs 1.30 lakh cr; Airtel, TCS biggest gainers
Mcap of nine of top-10 most valued firms up Rs 1.30 lakh cr; Airtel, TCS biggest gainers
Barring Reliance Industries, nine other companies including HDFC Bank, ICICI Bank, Infosys and Hindustan Unilever witnessed addition in their market valuation. Bharti Airtel's valuation rallied Rs 23,746.04 crore to Rs 5,70,466.88 crore. The market capitalisation (mcap) of TCS jumped by Rs 19,027.07 crore to reach Rs 12,84,180.67 crore. HDFC Bank added Rs 17,881.88 crore, taking its market valuation to Rs 11,80,588.59 crore.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Nine of the top-10 most valued firms in India saw an increase in their market valuation last week, with Bharti Airtel and Tata Consultancy Services (TCS) emerging as the biggest gainers.
• The BSE benchmark jumped 1,511.15 points or 2.29 per cent, indica......read more

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Reputation: 181,737  •  Dec 3 4:11 AM
COP28: India, China refrain from signing pledge to triple world's renewable energy capacity by 2030
COP28: India, China refrain from signing pledge to triple world's renewable energy capacity by 2030
Although China and India have expressed endorsement for the threefold increase in renewable energy by 2030, neither of them formally supported the comprehensive pledge on Saturday. This commitment involves scaling up clean power alongside a decrease in the utilisation of fossil fuels. The pledge called for phase down of unabated coal power and putting an end to the financing of new coal-fired power plants.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• India and China did not formally support the pledge to triple the world's renewable energy capacity by 2030 at the COP28 climate summit, despite India's commitment as part of its G20 presidency.
• The pledge calls for a phase down of unabated coal power ......read more

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Reputation: 181,737  •  Dec 3 2:36 AM
Astronauts for Gaganyaan mission ready and waiting for flight to happen in 2025: ISRO chief
Astronauts for Gaganyaan mission ready and waiting for flight to happen in 2025: ISRO chief
“For the first mission we have selected four of them, and it is our endeavour to send them at least by 2025 to space and bring them back safely. Bringing them back safely is a very important element of this mission,” Somanath said while addressing graduating students at the 11th convocation of Pandit Deendayal Energy University (PDEU).
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• ISRO chairman S Somanath says astronauts selected for India's first human space flight programme Gaganyaan are ready and waiting for the 2025 mission.
• ISRO is also looking at making a space station and has become a world leader in space technology.
• R......read more

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Reputation: 181,737  •  Dec 3 1:21 AM
India's energy needs to double by end of decade: Mukesh Ambani
India's energy needs to double by end of decade: Mukesh Ambani
Speaking at the convocation of Pandit Deendayal Energy University (PDEU), Mukesh Ambani, who heads the nation's most valuable company Reliance Industries Ltd, said the Indian economy will become a USD 40 trillion economy by 2047 from the current USD 3.5 trillion. "And to fuel this growth, the country will need enormous amounts of energy - clean, green energy that won't choke mother nature for the sake of human progress," he said. "In fact, India's energy requirement is set to double just by the end of this decade."
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Mukesh Ambani, head of Reliance Industries Ltd., predicts that India's economy will reach $40 trillion by 2047 and will require a significant amount of clean energy to fuel its growth.
• Ambani is investing in clean energy solutions and urges students to......read more

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Reputation: 181,737  •  Dec 2 11:36 AM
Amazon top seller Appario’s revenue dips 8% in FY23
Amazon top seller Appario’s revenue dips 8% in FY23
Appario Retail reported a marginal rise in profit for FY23 at Rs 84 crore against Rs 82 crore in FY22, according to its regulatory filings with the registrar of companies sourced from business intelligence platform Tofler.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Appario Retail, the largest seller on Amazon India, reported a marginal rise in profit for FY23 at Rs 84 crore.
• The company's revenue dropped by 8% to Rs 14,604.2 crore, indicating a slowdown in Amazon's ecommerce marketplace in India.
• Amazon is cons......read more

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Trending Trade-display-image
Reputation: 2,062  •  Dec 2 5:46 AM

1 HR TF
AS AT CHART IT SHOWS HIGHER HIGHER.
AS WE SEE OR MARK TRADE LINE FROM TOP TO BOTTOM WE HAVE FACED 4 TIME REJECTION I HOPE ON 5TH TIME IT GIVE NICE BRK OUT.
ABV 2420 ONE DAY CANDELS CLOSED WE CAN SEE SOME RALLY.
Chartbusters - chart - 233790955

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Reputation: 181,737  •  Dec 2 5:06 AM
Free cash flow generation of Jio, Airtel to remain limited in 2024 despite drop in 5G capex: Fitch
Free cash flow generation of Jio, Airtel to remain limited in 2024 despite drop in 5G capex: Fitch
"Average Ebitda net leverage should improve slightly to 1.9x-2.0x (FY23: 2.1x), as strong Ebitda growth supports deleveraging, despite higher 5G capex. However, we believe FCF generation will remain limited on high 5G capex investments of 35% of revenue (FY23: 37%)," Fitch said.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Fitch Ratings expects Indian telecom operators Reliance Jio and Bharti Airtel to see improved Ebitda net leverage and margin in FY24, despite high 5G capex investments.
• Competition is expected to remain limited, with Jio and Airtel projected to garner ......read more

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Reputation: 181,737  •  Dec 2 3:21 AM
Reliance Jio and TM Forum launch Mumbai Innovation Hub for AI and Digital Architecture Development
Reliance Jio and TM Forum launch Mumbai Innovation Hub for AI and Digital Architecture Development
TM Forum, with Reliance Jio, inaugurates the TM Forum Innovation Hub in Mumbai, prioritizing Generative AI, Large Language Models, and Open Digital Architecture development. Located at Reliance Corporate IT Park, it houses diverse telecom and tech talent. Akash Ambani highlights industry-transforming solutions. The focus includes AI application for telecom use cases, Open Digital Architecture, fostering rapid collaboration among industry professionals. The program aims to conclude its pilot phase by March 2024.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• TM Forum and Reliance Jio have inaugurated the TM Forum Innovation Hub in Mumbai, which will focus on developing Generative AI, Large Language Models, and Open Digital Architecture.
• The hub will house diverse telecom and tech talent and aims to conclud......read more

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Reputation: 181,737  •  Dec 2 2:01 AM
India resumes imports of Venezuelan oil, Reliance seeks direct deal
India resumes imports of Venezuelan oil, Reliance seeks direct deal
The resumption in trade between the OPEC producer and what it was its second largest destination for oil exports comes after Washington in October temporarily lifted sanctions banning Venezuelan oil exports, prompting a flurry of spot sales of crude and fuel through middlemen and traders, mostly to China.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Indian refiners have resumed buying Venezuelan oil through intermediaries, with Reliance set to meet executives from state firm PDVSA next week to discuss oil sales following the easing of U.S. sanctions on the South American country.
• Three Indian refi......read more

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Reputation: 181,737  •  Dec 2 1:46 AM
RBI, Bank of England ink pact on sharing info
RBI, Bank of England ink pact on sharing info
Reserve Bank of India (RBI) and Bank of England (BoE) on Friday signed a Memorandum of Understanding (MoU) concerning cooperation and exchange of information in relation to the Clearing Corporation of India Limited (CCIL).
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• The Reserve Bank of India and Bank of England have signed a Memorandum of Understanding concerning cooperation and exchange of information in relation to the Clearing Corporation of India Limited.
• The MoU establishes a framework for the BoE to rely on ......read more

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NewsBot-display-image
Reputation: 181,737  •  Dec 1 11:16 PM
Does Orry get Rs 30 lakh for taking selfies with celebrities? Check details about the influencer here
Does Orry get Rs 30 lakh for taking selfies with celebrities? Check details about the influencer here
Orhan Awatramani, who is famously known as 'Orry' left everyone shocked after revealing that he earns nearly Rs 20-30 lakh for selfies with celebrities. The influencer who went viral for his outings with star kids and many celebrities in Bollywood, he made a recent appearance at reality tv show hosted by Salman Khan 'The Bigg Boss.'
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Orhan Awatramani, also known as 'Orry', revealed that he earns around Rs 20-30 lakh for selfies with celebrities at events.
• He recently appeared on Salman Khan's reality TV show 'The Bigg Boss'.
• Orry works as a Special Project Manager at Reliance Ind......read more

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Reputation: 181,737  •  Dec 1 8:41 PM
India shows some reliance on Venezuelan oil after 3-year hiatus as US sanctions ease
India shows some reliance on Venezuelan oil after 3-year hiatus as US sanctions ease
India plans to resume importing Venezuelan oil after a three-year pause, seizing the opportunity presented by eased US sanctions on the South American nation. Reliance Industries Ltd has booked two supertankers, C. Earnest and C. Genuine, along with Very Large Crude Carrier Eucaly, potentially holding a total of 6 million barrels.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• India plans to resume importing Venezuelan oil after a three-year pause, taking advantage of eased US sanctions on the South American nation.
• Reliance Industries Ltd. has booked two supertankers and a Very Large Crude Carrier to potentially hold up to ......read more

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Reputation: 181,737  •  Dec 1 5:06 PM
Ethical considerations in algo trading: Balancing profit and responsibility
Ethical considerations in algo trading: Balancing profit and responsibility
According to a report on algo trading by the National Institute of Financial Management (NIFM), 80% of the algorithmic orders are generated from the co-location of NSE and BSE.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Algorithmic trading has gained ground in India, with 80% of orders generated from the co-location of NSE and BSE.
• However, ethical dilemmas and biases can sway market dynamics and influence investor confidence.
• To safeguard ethical trading, fairness,......read more

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Himanshu Trading Zone-display-image
Reputation: 26,425  •  Dec 1 2:00 PM

SELL RELIANCE BELOW 2377.65 SL 2295.95 T1 2337.30 T2 2296.30
Chartbusters - chart - 232650874

31 Votes

21 Comments
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Reputation: 181,737  •  Dec 1 6:26 AM
Bharti Airtel looks to prepay bulk of 2015 spectrum dues
Bharti Airtel looks to prepay bulk of 2015 spectrum dues
The telco's imminent move is the likely trigger for its key promoter company, Bharti Telecom (BTL), to set in motion plans to raise around '8,000 crore (under $1 billion) in multiple tranches via NCDs (non-convertible debentures). "BTL, which owns 38.75% in Airtel, is likely to use the funds raised to subscribe to its balance entitlement in the telco's near '21,000-crore rights issue that had closed just over two years ago," a person aware of the matter told ET.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Bharti Airtel is planning to raise around '8,000 crore through NCDs to subscribe to its balance entitlement in the telco's near '21,000-crore rights issue.
• Airtel's promoter company, Bharti Telecom, is likely to use the funds raised to subscribe to its......read more

3 Votes

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Trading Karma-display-image
Reputation: 9,570  •  Dec 1 3:37 AM

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Reputation: 181,737  •  Nov 30 7:03 PM
France's SMCP strikes deal with Reliance to expand into India
France's SMCP strikes deal with Reliance to expand into India
"There aren't a lot of accessible luxury fashion labels in India so we think it's time to be pioneering," said SMCP CEO Isabelle Guichot, citing India's wealth and growing population of younger generations among reasons for entering the country.
Moneycontrol

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Fashion group SMCP, owner of French fashion labels Sandro and Maje, has signed a deal with Reliance to expand into India.
• Reliance Brands will become the exclusive distributor of Sandro and Maje in India and plans to open around 10 stores in the next t......read more

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Reputation: 181,737  •  Nov 30 6:06 PM
France's SMCP strikes deal with Reliance to expand into India
France's SMCP strikes deal with Reliance to expand into India
Fashion group SMCP, owner of French fashion labels Sandro and Maje, said on Thursday it signed a deal with Reliance to expand into India and will join other high-end European brands opening stores in the Jio World Plaza mall in Mumbai.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Fashion group SMCP, owner of French fashion labels Sandro and Maje, has signed a deal with Reliance to expand into India and will join other high-end European brands opening stores in the Jio World Plaza mall in Mumbai.
• SMCP CEO Isabelle Guichot cited ......read more

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NewsBot-display-image
Reputation: 181,737  •  Nov 30 4:31 PM
Use dips to buy IREDA and do a SIP for next 6 months: Sanjiv Bhasin
Use dips to buy IREDA and do a SIP for next 6 months: Sanjiv Bhasin
“If you failed to get allocations in IREDA, I would suggest doing a SIP for the next six months. Buy some now, buy some on declines and keep buying every month. It depends on your duration as an investor. The short-term traders will have made a killing. But the longer-term play is still to be invested in power lenders because they have never had it so good.”
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Reliance Industries Ltd. is in talks to acquire Walt Disney Co.'s India operations in a cash and stock deal worth around $10 billion.
• The acquisition could be announced as early as next month, with some of Reliance's media units merged into Disney Star......read more

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Reputation: 181,737  •  Nov 30 3:01 PM
Sensex rises marginally tracking foreign inflows; Nifty above 20,100
Sensex rises marginally tracking foreign inflows; Nifty above 20,100
From the Sensex pack, UltraTech Cement, Kotak Bank, Sun Pharma, M&M, and L&T opened with gains, while Asian Paints, NTPC, Tata Steel, Reliance Industries, and Infosys opened with cuts.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Indian equity indices opened with modest gains on Thursday as bets on a US interest rate cut by March 2024 triggered foreign inflows ahead of key macroeconomic data.
• The BSE Sensex and Nifty50 are less than 1% shy of their record highs hit on September......read more

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Reputation: 181,737  •  Nov 30 11:26 AM
India could get nearly $4-b inflows on US pension board's index switch
India could get nearly $4-b inflows on US pension board's index switch
The Federal Retirement Thrift Investment Board earlier this month said it is shifting the benchmark for its fund to the MSCI All Country World excluding the US, China, and Hong Kong markets from the current MSCI Europe, Australasia, and Far East (EAFE) Index.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• The Federal Retirement Thrift Investment Board is shifting the benchmark for its fund to the MSCI All Country World excluding the US, China, and Hong Kong markets from the current MSCI Europe, Australasia, and Far East (EAFE) Index.
• Reliance Industries......read more

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Mrbackbenchertrader-display-image
Reputation: 6,882  •  Nov 29 4:36 PM

At intraday level reliance showed bearish divergence and also making ascending triangle pattern...
Chartbusters - chart - 230345367

4 Votes

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Reputation: 181,737  •  Nov 29 3:18 PM
Reliance gains on 'overweight' tag from JP Morgan with 17% upside
Reliance gains on 'overweight' tag from JP Morgan with 17% upside
Analysts at JPMorgan turned bullish on the telecom-to-oil conglomerate, saying that most of earnings cut for RIL were now behind
Moneycontrol

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Analysts at JPMorgan have given an 'overweight' rating to Reliance Industries Ltd. with a target price of Rs. 2,810, citing potential growth in the telecom and retail sectors.
• The conglomerate's recent stock correction is attributed to a 21% cut in FY2......read more

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F
Reputation: 41,631  •  Nov 29 2:01 PM

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Reputation: 181,737  •  Nov 29 11:36 AM
Companies pay more for debt fundraise as liquidity's tight
Companies pay more for debt fundraise as liquidity's tight
Over the past year-and-a-half, as the Reserve Bank of India has raised interest rates and progressively drained the banking system of excess liquidity, the spreads between government bond (Gsec) yields and AAA-rated corporate bond yields have shot up.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• The spread between government bond yields and AAA-rated corporate bond yields has increased over the past year-and-a-half, leading to higher borrowing costs for companies.
• The spread for 5-year and 10-year AAA corporate bonds has increased significantl......read more

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Suman Golui-display-image
Reputation: 3,024  •  Nov 29 6:37 AM

Was A Nice Inverted Head& Shoulder (Swing Trade) After Breakout...Target ➖ 2482 & SL➖2375
Chartbusters - 229900808

1 Vote

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Harsh Soni-display-image
Reputation: 2,712  •  Nov 29 6:08 AM

Looks set for trend reversal.
Break of structure is possible in day trend.
Keep in radar for BUY side opportunities.
Chartbusters - chart - 229900803

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NewsBot-display-image
Reputation: 181,737  •  Nov 29 4:56 AM
Airtel's selling and distribution (S&D) costs lot higher than Jio's: Analysts
Airtel's selling and distribution (S&D) costs lot higher than Jio's: Analysts
Bharti Airtel's selling and distribution (S&D) costs are nearly four times higher than those of Reliance Jio, with S&D expenses accounting for 8% of revenue compared to Jio's 2%, according to CLSA estimates. Bharti Airtel's higher S&D spend and branding efforts are seen as crucial for sustaining its premium average revenue per user (ARPU), which is 12% higher than Jio's.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Bharti Airtel's selling and distribution costs are nearly four times higher than Reliance Jio's, with S&D expenses accounting for 8% of revenue compared to Jio's 2%.
• Bharti Airtel's higher S&D spend and branding efforts are crucial for sustaining its p......read more

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Reputation: 181,737  •  Nov 29 12:31 AM
Netweb partners Nvidia to make GPU servers in India
Netweb partners Nvidia to make GPU servers in India
Netweb Technologies said that it is now a manufacturing partner for the Nvidia Grace CPU Superchip and GH200 Grace Hopper Superchip MGX server designs.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Netweb Technologies has partnered with Nvidia to manufacture servers for AI and high-performance computing applications.
• The company will produce more than ten server variations under its Tyrone range of AI systems.
• Reliance Industries and Tata Group......read more

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Mrbackbenchertrader-display-image
Reputation: 6,882  •  Nov 28 9:04 PM

After accumulation reliance markup
BOOM...
Chartbusters - chart - 229812418

15 Votes

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Reputation: 181,737  •  Nov 28 8:31 PM
Airtel, Jio prepaid plans with free Netflix subscription
Airtel, Jio prepaid plans with free Netflix subscription
Both Bharti Airtel and Reliance Jio offer Netflix subscription with few selected plans. Read to know more.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Bharti Airtel and Reliance Jio are offering free Netflix subscription with selected prepaid plans.
• Airtel's Rs 1,499 plan offers Netflix basic subscription, while Jio's Rs 1,499 plan offers Netflix basic subscription and 3 GB per day data.
• Netflix ha......read more

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Mrbackbenchertrader-display-image
Reputation: 6,882  •  Nov 28 6:26 PM

Intraday basis pr reliance abhi accumulate kr rha hai ...
Simple terms means gathering power for next move either up or down...
Chartbusters - chart - 229381011

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Reputation: 584  •  Nov 28 4:09 AM

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Reputation: 245,084  •  Nov 28 12:58 AM

RELIANCE TRADING IN RANGE MAKING RECTANGLE
BUY ABOVE 2403
SELL BELOW 2390
Chartbusters - chart - 228639612

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Reputation: 181,737  •  Nov 27 11:46 PM
India needs to position itself as global mfg hub as China witnessing repeated outbreaks: GTRI
India needs to position itself as global mfg hub as China witnessing repeated outbreaks: GTRI
A health ministry statement on November 26 said that the Government of India is closely monitoring the situation and indicated that there is no need for any alarm. The report said that China supplies more than 90 per cent of laptops and produces most components in-house. The same applies to washing machines, solar PV cells and EV batteries.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• India can position itself as a global manufacturing hub by enhancing its supply chain capabilities and investing in healthcare infrastructure.
• India can leverage its workforce and manufacturing potential in sectors like mobile phones and laptops.
• Ind......read more

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Reputation: 181,737  •  Nov 27 10:46 PM
Govt to increase procurement of tur dal to tame prices
Govt to increase procurement of tur dal to tame prices
The government plans to significantly increase tur dal procurement from a few metric tonnes to 8-10 lakh metric tonnes to control prices amid reduced acreage and expected low production. Tur dal retail prices rose over 40%, from Rs 112 to Rs 158 per kg. Despite efforts to boost imports by removing import duty on tur, retail inflation in pulses surged to 18.79% YoY in October.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• The government plans to increase tur dal procurement from a few metric tonnes to 8-10 lakh metric tonnes to control prices amid reduced acreage and expected low production.
• Despite efforts to boost imports, retail inflation in pulses surged to 18.79% Y......read more

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Reputation: 181,737  •  Nov 27 10:46 PM
Is Work from Home good for mental health? How Hybrid work can help
Is Work from Home good for mental health? How Hybrid work can help
Remote work gives you some advantages like commute-related stress reduction, the sweet cadence of work-life balance, yet there are some issues like isolation, blurred boundaries, and challenges in roles demanding a physical presence.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Remote work has both advantages and disadvantages, leading to the rise of the hybrid work model which combines the benefits of remote work and in-person collaboration.
• The pros of working from home include flexibility, reduced commute stress, and incre......read more

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Reputation: 181,737  •  Nov 27 8:16 PM
Thrilled to welcome Hardik Pandya back home to Mumbai Indians, says Nita Ambani
Thrilled to welcome Hardik Pandya back home to Mumbai Indians, says Nita Ambani
Nita M. Ambani said, "We are thrilled to welcome Hardik back home! It's a heartwarming reunion with our Mumbai Indians family! From being a young scouted talent of Mumbai Indians to now being a team India star, Hardik has come a long way and we're excited for what the future holds for him and Mumbai Indians!"
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Hardik Pandya is returning to Mumbai Indians for IPL 2024, marking his homecoming to the team where he first came to prominence.
• MI owner Nita M. Ambani and team member Akash Ambani expressed excitement for Hardik's return and his potential to bring ba......read more

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Reputation: 181,737  •  Nov 27 1:06 PM
Indian drug manufacturers benefit from Big Pharma interest beyond China
Indian drug manufacturers benefit from Big Pharma interest beyond China
China has for nearly 20 years been the preferred location for a range of pharmaceutical research and manufacturing services due to the low cost and speed offered by contract drugmakers there.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• China has been the preferred location for pharmaceutical research and manufacturing services for nearly 20 years, but increasing tensions with the country have prompted companies to consider using manufacturers in India.
• Four of India's largest CDMOs h......read more

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Reputation: 181,737  •  Nov 26 6:36 PM
ONGC charges premium over Brent in oil deals with BPCL, HPCL
ONGC charges premium over Brent in oil deals with BPCL, HPCL
Brent, the world's best known benchmark for the raw material that is converted into fuels like petrol and diesel in refineries, is trading at USD 80 per barrel. As per the pricing in the term contracts, ONGC would get USD 80 plus USD 0.8 for the oil it will sell to HPCL and BPCL.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• ONGC has signed term contracts with refiners to sell crude oil at a premium to international benchmark Brent.
• The oil has been priced at the prevailing Brent crude oil price plus 1 per cent, and ONGC will sell about 4.5 million tonne of crude oil each ......read more

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Reputation: 181,737  •  Nov 26 5:11 PM
Skyscraper-studded Dubai has flourished during regional crises. Could it benefit from hosting COP28?
Skyscraper-studded Dubai has flourished during regional crises. Could it benefit from hosting COP28?
Dubai has achieved another record-breaking feat with the Mohammed bin Rashid Al Maktoum Solar Park, spanning 122 square kilometers and symbolizing the city's commitment to becoming carbon-neutral by 2050. This ambitious solar project underscores Dubai's penchant for large-scale endeavors, contrasting with its reputation for excesses like towering buildings and vibrant nightlife.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Dubai is making strides towards becoming carbon-neutral by 2050 with the Mohammed bin Rashid Al Maktoum Solar Park, a 122 square kilometer solar project.
• The city's ambitious clean energy efforts contrast with its reputation for excesses like towering ......read more

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Reputation: 181,737  •  Nov 26 1:16 AM
Government makes biogas blending mandatory
Government makes biogas blending mandatory
The government on Saturday announced compulsory blending of compressed biogas, which is extracted from municipal and agriculture waste, in natural gas to cut reliance on imports. Initially, 1 per cent of biogas will be blended in gas used in automobiles and household kitchens for cooking from April 2025, a government statement said. The share will be increased to around 5 per cent by 2028.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• The government has announced compulsory blending of compressed biogas in natural gas to reduce reliance on imports.
• Initially, 1 per cent of biogas will be blended in gas used for automobiles and household kitchens, increasing to 5 per cent by 2028.
• ......read more

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Reputation: 181,737  •  Nov 25 10:06 PM
India announces phased introduction of biogas blending for domestic use
India announces phased introduction of biogas blending for domestic use
The Indian government announced plans to commence the blending of compressed biogas with natural gas. This strategic move aims to bolster domestic demand and reduce dependence on natural gas imports. The initiative reflects the country's commitment to sustainable energy practices and aligns with efforts to enhance energy security by incorporating environmentally friendly alternatives into the energy mix.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• The Indian government plans to start blending compressed biogas with natural gas to reduce dependence on imports and promote sustainable energy practices.
• The mandatory phased introduction will start at 1% in 2025 and increase to 5% by 2028.
• The gove......read more

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Reputation: 181,737  •  Nov 25 8:21 PM
Virtual meetings on Google Meet, Zoom, Teams take a toll on mental & physical health; researchers suggest tips to tackle long-term impact
Virtual meetings on Google Meet, Zoom, Teams take a toll on mental & physical health; researchers suggest tips to tackle long-term impact
Recent research reveals that prolonged video conferencing can lead to increased fatigue, reduced attention, and physiological strain on the heart.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Recent research has shown that prolonged video conferencing can lead to increased fatigue, reduced attention, and physiological strain on the heart.
• Experts recommend taking regular breaks, following the 20-20-20 rule, optimizing workspace ergonomics, ......read more

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Reputation: 181,737  •  Nov 25 5:26 PM
Medicines for four rare diseases become cheaper due to domestic production
Medicines for four rare diseases become cheaper due to domestic production
Drugs for four of these diseases -Tyrosinemia Type 1, Gaucher's Disease, Wilson's Disease and Dravet-Lennox Gastaut Syndrome - along with sickle cell Anemia have been approved and are being manufactured indigenously.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Four rare diseases in India now have cheaper treatment options as Indian pharma companies are producing medicines for them, reducing reliance on expensive imported formulations.
• The annual cost of Nitisinone capsules, used in the treatment of Tyrosinem......read more

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Reputation: 181,737  •  Nov 25 4:36 AM
Climate action: The Dubai conference will be taking the same, inadequate baby steps that previous editions have
Climate action: The Dubai conference will be taking the same, inadequate baby steps that previous editions have
The Covid pandemic shifted attention away from climate change for a while. But global economic slowdown also led to a slowdown in global emissions increases. But with global recovery underway, emissions have resumed with equal fervour. IPCC's latest grim assessment of progress on climate action is that world temperatures have already risen by 1.1° C, and could breach 1.5° C increase before 2030, unless global emissions fall by 43%.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• The Covid pandemic shifted attention away from climate change for a while, but global emissions have resumed with equal fervour.
• The IPCC's latest assessment shows that world temperatures have already risen by 1.1° C and could breach 1.5° C before 2030......read more

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F
Reputation: 41,631  •  Nov 24 2:00 PM

3 Votes

2 Comments
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D
Reputation: 96  •  Nov 24 6:57 AM

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Reputation: 181,737  •  Nov 24 5:36 AM
Rajasthan scheme helps boost Vodafone Idea's 4G user base in Q2
Rajasthan scheme helps boost Vodafone Idea's 4G user base in Q2
A top Rajasthan government official confirmed that Vi provided majority of the mobile connections under the state's Indira Gandhi Smartphone Yojana (IGSY) initiative, with the remaining coming from state-run Bharat Sanchar Nigam (BSNL).
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Vodafone Idea's 4G user base grew to 124.7 million in the September quarter, largely due to its participation in a Rajasthan government scheme to provide free smartphones and mobile connections to potential female voters.
• The company's strong growth in......read more

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Reputation: 181,737  •  Nov 24 5:11 AM
Bharti-backed OneWeb seeks more time to provide network details
Bharti-backed OneWeb seeks more time to provide network details
As per officials aware of the details, OneWeb has told the Department of Telecommunications (DoT) that since the company recently merged with France's Eutelsat, it needs more time to provide the network details.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• OneWeb, backed by Bharti group, has requested more time to provide security-related network details for getting a land mobility authorisation under its licence to provide satellite-based broadband services.
• Reliance Jio's satellite arm has already subm......read more

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Price Action Trading-display-image
Reputation: 245,084  •  Nov 24 2:24 AM

RELIANCE MAKING FLAG
FOLLOWING TREND LINE SUPPORT
BUY ABOVE 2400
SELL ON TREND LINE BREAKOUT
Chartbusters - chart - 227579129

5 Votes

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Reputation: 181,737  •  Nov 23 11:21 PM
RBI guards against contagion risk from exuberant retail lending. 5 key takeaways
RBI guards against contagion risk from exuberant retail lending. 5 key takeaways
Banks and NBFCs should ensure that credit growth at the overall, sectoral, and sub-sectoral levels remain sustainable and all forms of exuberance are avoided; credit risk should also be priced properly. Lenders are relying on ALM mismatch to sustain margins through overreliance on short-term bulk deposits.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• RBI governor's speech at the FIBAC conference highlights the risks to financial stability from exuberant retail lending, contagion risk from NBFC-bank interconnection, and algorithm-based retail lending.
• The central bank's concerns are reminiscent of t......read more

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M
Reputation: 17,012  •  Nov 23 10:43 PM

2 Votes

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Dalal Street Trades-display-image
Reputation: 2,462  •  Nov 23 9:45 PM

1 Vote

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Reputation: 181,737  •  Nov 23 7:36 PM
Indian Coast Guard, major ports, petroleum firms discuss preparedness to handle oil spill disasters
Indian Coast Guard, major ports, petroleum firms discuss preparedness to handle oil spill disasters
India, a major oil and chemical importer, has discussed enhancing preparedness for oil spill disasters in its waters. The Indian Coast Guard, major ports, and petroleum companies discussed the National Oil Spill Disaster Contingency Plan (NOS DCP) at the 25th meeting in Gujarat's Vadinagar coast.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• India has discussed enhancing preparedness for oil spill disasters in its waters, with the Indian Coast Guard, major ports, and petroleum companies discussing the National Oil Spill Disaster Contingency Plan (NOS DCP).
• The plan is necessary due to Indi......read more

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Reputation: 181,737  •  Nov 23 7:01 PM
Ambani versus Mittal: The war in the skies is now spreading to space
Ambani versus Mittal: The war in the skies is now spreading to space
Reliance Jio and Bharti Airtel escalate rivalry as Bharti-backed OneWeb India, a part of Eutelsat Group, secures IN-SPACe approval for satellite broadband services. The milestone, following OneWeb's merger with Eutelsat, marks the first nod in India. IN-SPACe's approval is crucial for satellite service providers, enhancing competition in India's telecom sector.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Bharti-backed OneWeb India, a subsidiary of Eutelsat Group, has received approval from IN-SPACe to launch satellite broadband services in India, marking the first nod in the country.
• The approval sets the stage for a potential rivalry between OneWeb an......read more

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Reputation: 181,737  •  Nov 23 7:01 PM
Reliance Jio IPO will be stock rerating catalyst for Airtel: CLSA
Reliance Jio IPO will be stock rerating catalyst for Airtel: CLSA
"BUY-rated Reliance Industries holds 67% of RJio and valuation is 60% higher than the 33% stake from the 2020 sale that raised US$20bn. We also expect RJios planned IPO to serve as a further catalyst for BUY-rated Bharti stock," CLSA analyst Deepti Chaturvedi said.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• The much-anticipated IPO of Reliance Jio could trigger a re-rating in the stock of rival Bharti Airtel, according to global brokerage firm CLSA.
• CLSA analyst Deepti Chaturvedi expects Jio's leadership and Bharti's execution to lead the sector to $38 bi......read more

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Reputation: 181,737  •  Nov 23 5:56 PM
The changing role of Family Offices: Shifting from wealth preservation to empowering wealth
The changing role of Family Offices: Shifting from wealth preservation to empowering wealth
Many industrial families of today would have started businesses at times of economic and political challenges during the 60s to the 80s.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• The financial mindset of Indian families has shifted from capital preservation to an expansionist mindset, with a focus on investing in a diverse range of assets.
• The last three decades have seen significant economic and financial reforms in India, lea......read more

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Reputation: 181,737  •  Nov 23 4:06 PM
Buy Reliance Industries, target price Rs 2618:  Prabhudas Lilladher
Buy Reliance Industries, target price Rs 2618: Prabhudas Lilladher
Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1615882.15 Crore) operating in Diversified sector.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Prabhudas Lilladher has a buy call on Reliance Industries with a target price of Rs 2618.
• For the quarter ended 30-09-2023, the company reported a Consolidated Total Income of Rs 238797.00 Crore, up 12.97% from last quarter.
• Promoters held 50.27% sta......read more

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Madav Trader-display-image
Reputation: 14,635  •  Nov 23 3:26 PM

#RELIANCE Falling Trend Line Breakout Also Resistance Breakout
Chartbusters - 226570538

52 Votes

19 Comments
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M
Reputation: 2,207  •  Nov 23 2:06 PM
Post by Mh0001 in Chartbusters Club on FrontPage
Post by Mh0001 in Chartbusters Club on FrontPage
#RELIANCE https://front.page/chartbusters/221635928Only for education purpose
FrontPage

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Price Action Trading-display-image
Reputation: 245,084  •  Nov 23 1:54 AM

RELIANCE MAKING HEAD & SHOULDERS PATTERN
SELL BELOW 2372
BUY ABOVE 2395
Chartbusters - chart - 226351448

2 Votes

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A
Reputation: 776  •  Nov 23 1:47 AM

Reliance is forming reverse Head and Shoulder Pattern on 1d time frame. 👍
All About Indices - chart - 226350992

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Reputation: 181,737  •  Nov 22 10:31 PM
NBFCs likely to see assets growth moderating to 16-18 pc in FY24: CRISIL
NBFCs likely to see assets growth moderating to 16-18 pc in FY24: CRISIL
India's Non-Banking Financial Companies (NBFCs) are expected to see moderate growth of 16-18% in the current fiscal due to slower expansion on unsecured retail loans due to recent regulatory measures issued by the Reserve Bank of India. Assets Under Management (AUM) of NBFCs are set to log a healthy 14-17% growth next fiscal, driven by continued strong credit demand across retail loan segments.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• India's Non-Banking Financial Companies (NBFCs) are expected to see moderate growth of 16-18% in the current fiscal, with assets under management (AUM) set to log a healthy 14-17% growth next fiscal.
• The recent regulatory measures issued by the Reserve......read more

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Reputation: 181,737  •  Nov 22 3:36 PM
Jio Financial applies to RBI for conversion to CIC from NBFC
Jio Financial applies to RBI for conversion to CIC from NBFC
RBI had mandated Jio Financial to undertake the conversion exercise while giving its approval for change in the shareholding pattern and control of the company pursuant to the demerger of the financial services business from Reliance Industries Limited (RIL).
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Jio Financial Services has applied to the RBI to convert from a NBFC to a CIC, as mandated by the regulator.
• The company's stock has been under pressure due to passive funds adjusting their portfolios prior to its removal from key indices.
• Jio Financ......read more

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Reputation: 181,737  •  Nov 22 3:06 PM
Hot Stocks: Brokerages view on Polycab, KEI Industries, RIL and IGL
Hot Stocks: Brokerages view on Polycab, KEI Industries, RIL and IGL
Both companies are in a prime position to benefit from the nation's infrastructure push. In the near-to-medium term, companies have enough legs to grow up to 2x GDP.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Goldman Sachs initiated coverage with a buy rating on Polycab India and a target of Rs 5750 while on KEI Industries it has kept a target of Rs 2730.
• JPMorgan maintained an overweight rating on RIL with a target price of Rs 2810.
• Morgan Stanley mainta......read more

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Reputation: 181,737  •  Nov 22 4:56 AM
Guardrails make for Yippee IPOs
Guardrails make for Yippee IPOs
A shorter listing timeline has also discouraged NBFCs from the IPO carry trade. These changes are all for the good after a cocktail of low interest rates, uncapped leverage, and a pipeline of fancily valued IPOs made it an easy pitch for dumping stocks immediately after listing.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Regulators are taking steps to reduce speculative bets on listing day gains in IPOs, including capping lending to high networth investors and paring the reserved slice for them.
• These changes are beneficial for retail investors, who have previously bee......read more

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Reputation: 181,737  •  Nov 21 11:31 PM
RIL to invest Rs 20K Cr in West Bengal on 5G, retail, energy: Mukesh Ambani
RIL to invest Rs 20K Cr in West Bengal on 5G, retail, energy: Mukesh Ambani
The RIL chairman added that with the rapid rollout of JioFiber (wired broadband) and Jio AirFiber services (the companys 5G-based fixed wireless access service), every home in West Bengal would be converted into smart homes very soon.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Reliance Jio is set to complete the world's fastest 5G rollout in India by the end of 2023, with 98.8% population coverage in West Bengal and 100% within the Kolkata telecom circle.
• The company plans to invest in digital life solutions to enhance livel......read more

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V
Reputation: 512  •  Nov 21 5:55 PM

Reliance has came out from rectangle and showing bullish movement.
Target: 2460
Stoploss: 2340
This post is for educational purpose. Before investing and trading do your analysis or consult your financial advisor.
Chartbusters - chart - 224531230

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Reputation: 181,737  •  Nov 21 5:26 PM
Gold price today: Yellow metal jumps by Rs 377 per 10 gram to cross Rs 61,000-mark
Gold price today: Yellow metal jumps by Rs 377 per 10 gram to cross Rs 61,000-mark
Gold is expected to find support at Rs 60,580-60,460, and resistance at Rs 61,010-61,230. Silver may have support at Rs 72,250-70,880, and resistance at Rs 73,870-74,430, Rahul Kalantri of Mehta Equities said.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Gold and silver prices are expected to find support and resistance levels in the coming months, with gold potentially rising due to the upcoming wedding season.
• In the international market, spot gold and silver prices have risen, while US gold futures ......read more

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Reputation: 2,207  •  Nov 21 1:25 PM
Post by Mh0001 in Chartbusters Club on FrontPage
Post by Mh0001 in Chartbusters Club on FrontPage
#RELIANCE ALL TF
FrontPage

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Thrifty Bull -display-image
Reputation: 2,058  •  Nov 21 1:12 AM

F&O and Swing Trade ideas that you can trade on 21/11/2023 or in coming days. This is not a buy or sell recommendation as we are not SEBI registered.
Chartbusters - 223908895

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Reputation: 181,737  •  Nov 21 12:36 AM
China wants more investment from French firms, Xi tells Macron
China wants more investment from French firms, Xi tells Macron
China faces an electric vehicle subsidy investigation by the European Union and a looming probe into its steelmakers. Meanwhile, several European countries have complained about China's opaque laws and rules regarding foreign companies in the country.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• China faces an electric vehicle subsidy investigation by the European Union and a looming probe into its steelmakers.
• President Xi Jinping has called for more French companies to invest in China and for France to provide a fair and non-discriminatory b......read more

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Reputation: 181,737  •  Nov 21 12:21 AM
Moody’s revises up SoftBank outlook to stable after Arm IPO
Moody’s revises up SoftBank outlook to stable after Arm IPO
SoftBank, which floated a little less than 10% of Arm shares in the IPO, had ¥6.7 trillion ($45 billion) in cash and cash equivalents as of end-September. That cash piles prompted a flurry of new investments by SoftBanks billionaire founder Masayoshi Son, as well as talks with OpenAIs ousted co-founder Sam Altman about helping to fund a possible chip startup.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• SoftBank's IPO of Arm Holdings Plc brings transparency to a bigger chunk of its portfolio, which includes hundreds of startups.
• Moody's revised its outlook on SoftBank to stable from negative, citing its good liquidity and high proportion of listed ass......read more

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Reputation: 181,737  •  Nov 20 8:11 PM
Jio Financial Services in talks for maiden bond issue: Bankers
Jio Financial Services in talks for maiden bond issue: Bankers
The company may look to raise 50 billion rupees ($600.6 million) to 100 billion rupees through the issue and may tap the market in the last quarter of this financial year, the bankers added.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Jio Financial Services, a subsidiary of Reliance Industries, is in talks with merchant bankers for its first bond issue worth 50-100 billion rupees.
• The company plans to establish itself as a full-service financial services firm, competing with the lik......read more

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Reputation: 181,737  •  Nov 20 7:26 PM
Explained: VCs insisting on responsible AI in startups
Explained: VCs insisting on responsible AI in startups
More than 35 VC firms and some 15 tech sector companies have voluntarily signed up for Responsible AI Commitments
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• More than 35 VC firms and 15 tech sector companies have voluntarily signed up for Responsible AI Commitments, which aim to ensure that startups develop AI responsibly.
• The commitments include measures for securing organisational buy-in, internal govern......read more

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The Money Magnet-display-image
Reputation: 12,762  •  Nov 20 1:50 PM

📌Reliance displays an inverted head and shoulders pattern on the one-day chart.
📌Indicates a swing trade opportunity with a minimum target of 5 to 10% in the coming days.
📌Recommended to enter on a bullish candle following a pullback.
📌Targets and further details p......read more
Chartbusters - chart - 222794136

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Sanjay Kumar-display-image
Reputation: 1,724  •  Nov 20 3:30 AM

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Reputation: 181,737  •  Nov 19 2:11 AM
Mukesh Ambani, top industrialists likely to attend Bengal business meet
Mukesh Ambani, top industrialists likely to attend Bengal business meet
"Mukesh Ambani is likely to attend this year's BGBS. Other industrialists such as Sanjeev Goenka, Sanjeev Puri, Purnendu Chattopadhyay, Harshvardhan Neotia and Sajjan Jindal will be present," an official said.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Mukesh Ambani and other top industrialists are likely to attend the Bengal Global Business Summit next week.
• Representatives from companies such as ITC, Ambuja Neotia, and Hiranandani Group will also be present.
• West Bengal Chief Minister Mamata Bane......read more

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Reputation: 181,737  •  Nov 19 2:01 AM
Isha Ambani's twins turn 1! Mukesh Ambani throws fair-themed bash; Katrina Kaif, Orry, KJo attend
Isha Ambani's twins turn 1! Mukesh Ambani throws fair-themed bash; Katrina Kaif, Orry, KJo attend
​On November 18, Isha Ambani and her husband Anand Piramal threw a grand country fair-themed party for the occasion. The event was held at Jio World Garden in Mumbai.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Isha Ambani and her husband Anand Piramal threw a grand country fair-themed party to celebrate the first birthday of their twins Krishna and Aadiya.
• The event was attended by Bollywood celebrities such as Shah Rukh Khan, Karisma Kapoor, Kiara Advani, A......read more

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Reputation: 181,737  •  Nov 18 5:56 AM
Reliance Jio plans 'cloud' laptop in bid to reduce ownership costs
Reliance Jio plans 'cloud' laptop in bid to reduce ownership costs
A senior official at India's telecom market leader told ET that the laptop will be a "dumb terminal" with all the storage and processing on the Jio cloud, which will help slash the cost of ownership from roughly ₹50,000 at present while allowing users to access all the services at a faster speed.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Reliance Jio is planning to launch a cloud PC laptop for around ₹15,000, which will drastically cut the ownership costs.
• The laptop will be a "dumb terminal" with all the storage and processing on the Jio cloud, allowing users to access all services at......read more

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Reputation: 181,737  •  Nov 18 1:36 AM
Assam bets on drones to protect wildlife, ropes in RMSI to find ideal ones
Assam bets on drones to protect wildlife, ropes in RMSI to find ideal ones
The northeastern state has roped in global geographic information systems (GIS) consulting company RMSI to recommend competitive technical specifications for drones to be used for wildlife conservation and forest and plantation monitoring, a top executive at the firm told ET.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Assam has roped in RMSI to recommend technical specifications for drones to be used for wildlife conservation and forest and plantation monitoring.
• The project aims to track and protect wildlife, prevent poaching, and monitor encroachments and forest r......read more

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Vinit-display-image
Reputation: 594  •  Nov 17 10:39 PM

#RELIANCE couldn't break its resistance. and also 200 ema is crossed.
We can expect it to go down on monday.
Chartbusters - chart - 222762490

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Unpopular Trader-display-image
Reputation: 14,982  •  Nov 17 7:47 PM


Reliance is on trendline in 5 minutes chart
--> lets see what happens
Chartbusters - chart - 222525878

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Reputation: 181,737  •  Nov 17 6:16 PM
Reliance Jio adds active users at cost to Airtel, Vi’s 2G base
Reliance Jio adds active users at cost to Airtel, Vi’s 2G base
Reliance Jio emerged as the sole telco to gain active mobile users in August 2023, while Bharti Airtel and Vodafone Idea (Vi) experienced declines, as per telecom regulator data. Analysts noted Jio's success in attracting older rivals' 2G users through the popular Jio Bharat feature phone amidst rising demand. Jio expanded its active user base to 417 million with an addition of 1.2 million users, while Airtel and Vi dwindled to 376 million and 199 million, respectively, shedding 0.4 million and 2.9 million active users each.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Reliance Jio was the only telecom company to gain active mobile users in August 2023, while Bharti Airtel and Vodafone Idea (Vi) experienced declines.
• Jio's success in attracting older rivals' 2G users through the popular Jio Bharat feature phone contr......read more

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Reputation: 181,737  •  Nov 17 5:46 PM
Reliance, HDFC Bank poised to drive market; 2 auto ancillary stocks to go up 30% over next year : Sanjiv Bhasin
Reliance, HDFC Bank poised to drive market; 2 auto ancillary stocks to go up 30% over next year : Sanjiv Bhasin
“ I am looking at 20,000 coming, whether it comes next week, today or by the end of the month it is very much on the cards that new highs are here. The index has consolidated enough and maybe for a day or so, consolidation may continue. But we are going to outperform in the near future.”
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Sanjiv Bhasin, Director at IIFL Securities, believes that Reliance Industries Ltd. and HDFC Bank will drive the market higher.
• He also sees potential in credit card companies and housing finance companies.
• In the auto sector, Bhasin recommends stocks......read more

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Unpopular Trader-display-image
Reputation: 14,982  •  Nov 17 4:22 PM

45 Votes

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Reputation: 181,737  •  Nov 17 12:31 PM
Stocks in news: Delhivery, RIL, Jio Fin, Airtel, IDBI Bank, Hero MotoCorp, Page Inds
Stocks in news: Delhivery, RIL, Jio Fin, Airtel, IDBI Bank, Hero MotoCorp, Page Inds
Subsidiary Reliance Jio Infocomm added 32.4 lakh users in August, and its wireless subscriber tally topped 44.57 crore, according to data released by telecom regulator TRAI.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Reliance Jio Infocomm, a subsidiary of Reliance Industries Ltd., added 32.4 lakh users in August, bringing its wireless subscriber tally to 44.57 crore.
• Softbank is looking to sell 4% stake in logistics service provider Delhivery for around $150 millio......read more

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Reputation: 181,737  •  Nov 17 2:16 AM
Jio cements lead with net additions of 32.4 lakh mobile users in August: Trai data
Jio cements lead with net additions of 32.4 lakh mobile users in August: Trai data
Reliance Jio, India's largest mobile operator, continues to strengthen its position in the market, adding 32.4 lakh users in August, as reported by the Telecom Regulatory Authority of India (Trai). The wireless subscriber count for Reliance Jio now stands at an impressive 44.57 crore.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Reliance Jio continues to strengthen its position in the Indian mobile market, adding 32.4 lakh users in August and bringing its total wireless subscriber count to 44.57 crore.
• Bharti Airtel gained 12.17 lakh subscribers, while Vodafone Idea lost 49,78......read more

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M
Reputation: 2,207  •  Nov 16 11:36 PM

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Reputation: 181,737  •  Nov 16 11:21 PM
Morgan Stanley sees India outperforming China in 2024; adds RIL, DMart to focus list
Morgan Stanley sees India outperforming China in 2024; adds RIL, DMart to focus list
India has delivered strong relative earnings, sustaining the strong market outperformance seen in 2022, while macro-fundamentals have withstood tightening financial conditions in the US. “India is set to establish secular economic and earnings outperformance vs EM,” the investment bank said in its 2024 outlook report.
The Economic Times

𝗡𝗲𝘄𝘀 𝗦𝘂𝗺𝗺𝗮𝗿𝘆
• Morgan Stanley predicts that India will continue to outperform other emerging markets in terms of economic and earnings growth.
• In a base case scenario, the benchmark Sensex is expected to see a 14% upside in 2024.
• Avenue Supermarts and Reliance Indu......read more

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