Nifty 17483.1 (0.47%)
Sensex 58699.4 (0.41%)
Nifty Bank 36787.3 (0.76%)
Nifty IT 36157.85 (0.00%)
Nifty Financial Services 17982.9 (0.00%)
Adani Ports 744.00 (0.66%)
Asian Paints 3167.70 (-0.41%)
Axis Bank 685.40 (1.38%)
B P C L 386.50 (2.02%)
Bajaj Auto 3308.25 (-0.61%)
Bajaj Finance 7193.00 (0.17%)
Bajaj Finserv 17752.00 (-0.03%)
Bharti Airtel 728.10 (-0.61%)
Britannia Inds. 3569.80 (-0.24%)
Cipla 916.00 (-0.57%)
Coal India 160.20 (0.56%)
Divis Lab. 4763.80 (-0.28%)
Dr Reddys Labs 4629.00 (-0.72%)
Eicher Motors 2469.40 (0.73%)
Grasim Inds 1721.00 (-0.17%)
H D F C 2823.75 (0.57%)
HCL Technologies 1186.35 (0.14%)
HDFC Bank 1531.50 (0.38%)
HDFC Life Insur. 704.70 (-0.09%)
Hero Motocorp 2483.00 (0.42%)
Hind. Unilever 2375.00 (-0.35%)
Hindalco Inds. 431.65 (-0.10%)
I O C L 122.00 (1.12%)
ICICI Bank 727.00 (0.64%)
IndusInd Bank 950.00 (0.47%)
Infosys 1780.60 (1.85%)
ITC 225.25 (-0.09%)
JSW Steel 649.45 (0.42%)
Kotak Mah. Bank 1975.75 (0.59%)
Larsen & Toubro 1820.95 (1.77%)
M & M 852.70 (0.37%)
Maruti Suzuki 7300.80 (-0.33%)
Nestle India 19325.95 (-0.91%)
NTPC 130.00 (1.01%)
O N G C 145.20 (0.83%)
Power Grid Corpn 214.00 (-0.23%)
Reliance Industr 2489.20 (0.26%)
SBI Life Insuran 1183.15 (-0.41%)
Shree Cement 26208.30 (-0.31%)
St Bk of India 478.65 (0.35%)
Sun Pharma.Inds. 760.75 (-0.72%)
Tata Consumer 768.25 (-0.65%)
Tata Motors 482.30 (0.67%)
Tata Steel 1118.40 (0.54%)
TCS 3657.80 (0.41%)
Tech Mahindra 1634.10 (0.27%)
Titan Company 2394.95 (0.35%)
UltraTech Cem. 7339.35 (0.22%)
UPL 707.90 (1.39%)
Wipro 650.35 (0.55%)

BTST Trading Tips for Today: 15th September, 2021

BTST Trading Tips for Today: 15th September, 2021
15/09/2021

5paisa analysts bring the best intraday ideas, short-term ideas and long-term ideas for you. In the morning we provide best momentum stocks to buy today, while in the last trading hour we provide buy today sell tomorrow (BTST) ideas.

BTST Trading Ideas for Today

1. HDFCBANK SEP FUT 

- Current Market Price: Rs.1,558

- Stop Loss: Rs.1,547

- Target: Rs.1,580

 

2. BHARTIARTL SEP FUT  

- Current Market Price: Rs.729

- Stop Loss: Rs.724

- Target: Rs.741

 

3. TITAN 

- Current Market Price: Rs.2,117

- Stop Loss: Rs.2,102

- Target: Rs.2,149

 

4. APOLLOHOSP 

- Current Market Price: Rs.4,826

- Stop Loss: Rs.4,795

- Target 1: Rs.4,852

- Target 2: Rs.4,880

 

5. LUPIN

- Current Market Price: Rs.992

- Stop Loss: Rs.980

- Target: Rs.1,015

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

5 Stocks to Buy Today: September 16, 2021

5 Stocks to Buy Today
by 5paisa Research Team 15/09/2021

Every morning our analysts scan through the markets universe and chose the best momentum stocks to buy today. The stocks are recommended from a wider list of momentum stocks and only the best ones make it to the top 5 list. We also update on the performance of earlier recommendation every morning to help you with your trading journey. Read on to know the momentum stocks to buy today. The average holding period could be between 7-10 days on average.

List of 5 Stocks to Buy Today

1. Cyient Ltd (CYIENT)

 

Cyient Stock Details for Today: 

- Current Market Price: Rs.1,111

- Stop Loss: Rs.1,060

- Target 1: Rs. 1,200

- Holding Period: 1 week

5paisa Recommendation: Our technical analysts observe a breakout in this stock and our experts expect the uptrend to continue today as well.. 

 

2. Bharti Airtel (BHARTIARTL)

 

Bharti Airtel Stock Details for Today: 

- Current Market Price: Rs. 726

- Stop Loss: Rs. 711

- Target 1: Rs. 740

- Target 2: Rs. 756

- Holding Period: 1 Week

5paisa Recommendation: Our technical analysts observe that further buying in this stock to continue today as well.

 

3. Easy Trip (EASEMYTRIP)

 

Easy Trip Stock Details for Today: 

- Current Market Price: Rs. 542

- Stop Loss: Rs. 531

- Target 1: Rs. 565

- Holding Period: 1 Week

5paisa Recommendation: Our technical analysts observe that uptrend in the stock is likely to continue.

 

4. Supreme Industries (SUPREMEIND)

 

Supreme Industries Stock Details for Today: 

- Current Market Price: Rs. 2,259

- Stop Loss: Rs. 2,210

- Target 1: Rs. 2,370

- Holding Period: 1 Week

5paisa Recommendation: Strong volumes indicate this is likely to be a coveted stock, thus making it to the top stocks to buy list.

 

5. Birlasoft Ltd (BSOFT)

 

Birlasoft Stock Details for Today: 

- Current Market Price: Rs. 426

- Stop Loss: Rs. 415

- Target 1: Rs. 450

- Holding Period: 1 Week

5paisa Recommendation:  Our technical analysts observe the end of sideway trend.  Thus making stock as one of our strongest recommended Stocks to Buy Today.

 

Share Market Today

SGX NIFTY: 

SGX Nifty indicates positive opening for Indian markets. SGX Nifty is at 17,521.20 levels, higher 134.25 points. (Updated at 7:55 AM).

International Markets:

US Market: US markets ended with gains as energy stocks lead the gainers with oil prices at 3-month highs.

Bond yields trade near 1.29% even as US$ sees initial weakness being bought into the US sees high. Higher tax proposal gets go-ahead from White House which could see higher volatility in the near future.

Asian Market: Asian markets opened muted with the Japanese 'Nikkei' trading almost flat as markets consolidated after a superb last fortnight.

Higher ETF flows have been the elixir for Asian markets with money seeing a move from developed to emerging markets.

Chinese stocks have lagged behind the Asian peers as Government policy on the internet/fintech sees foreign funds turn sellers.

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

Sansera Engineering IPO Day-3 Subscription

Sansera Engineering IPO Day-3 Subscription
by 5paisa Research Team 15/09/2021

The Rs.1,282.98 crore IPO of Sansera Engineering, consisting entirely of an offer for sale (OFS), had been fully subscribed on Day-2 itself. As per the combined bid details put out by the BSE at the close of Day-3 of the issue, Sansera Engineering IPO was subscribed 11.47X overall, with bulk of the demand coming from the QIB segment. 

As of close of 16th September, out of the 121.09 lakh shares on offer in the IPO, Sansera Engineering saw bids for 1,388.39 lakh shares. This implies an overall subscription of 11.47X. The granular break-up of subscriptions were tilted in favour of QIB investors followed by HNI investors and retail investors.

 

Sansera Engineering IPO Subscription Status - Day 3

Category

Subscription Status
Qualified Institutional (QIB) 26.47 Times
Non-Institutional (NII) 11.37 Times
Retail Individual 3.15 Times
Employee 1.37 Times
Total 11.47 Times

 

QIB Portion

The QIB portion was subscribed 26.47 times at the close of Day-3. On 13 September, Sansera Engineering did an anchor placement of Rs.382.05 crore to QIB investors including a number of marquee names like Government of Singapore, Monetary Authority of Singapore, Nomura, Abu Dhabi Investment Authority, Axis MF, ICICI Prudential MF, SBI Life, Max India Life, Kuber India Fund etc. The QIB portion (net of anchor allocation) has a quota of 34.23 lakh shares of which it has got bids for 906.15 lakh shares, implying a subscription ratio of 26.47X for QIBs at the close of Day-3. Most QIB bids came in on the last day.

HNI Portion

The HNI portion got subscribed 11.37X (getting applications for 291.95 lakh shares against the quota of 25.68 lakh shares). Bulk of the funded applications and corporate applications, came in on the last day of the issue on Thursday.

Retail Individuals

The retail portion was subscribed 3.15X at the end of Day-3, showing healthy retail appetite. For retail investors; out of the 59.91 lakh shares on offer, valid bids were received for 188.55 lakh shares, of which bids for 146.90 lakh shares were at the cut-off price. The IPO is priced in the band of (Rs.734-Rs744) and the IPO has closed for subscription on 16th September.
 

Also Read: 

Sansera Engineering IPO - 7 Things to Know

Upcoming IPOs in 2021

IPOs in September

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

BTST Trading Tips for Today: 16th September, 2021

BTST Trading Tips for Today: 16th September, 2021
16/09/2021

5paisa analysts bring the best intraday ideas, short-term ideas and long-term ideas for you. In the morning we provide best momentum stocks to buy today, while in the last trading hour we provide buy today sell tomorrow (BTST) ideas.

BTST Trading Ideas for Today

1. KOTAKBANK SEP FUT 

- Current Market Price: Rs.1,901

- Stop Loss: Rs.1,890

- Target: Rs.1,926

 

2. BIOCON

- Current Market Price: Rs.373.5

- Stop Loss: Rs.371

- Target: Rs.382

 

3. ICICIBANK

- Current Market Price: Rs.726

- Stop Loss: Rs.722

- Target: Rs.737

 

4. HDFC SEP FUT

- Current Market Price: Rs.2,822

- Stop Loss: Rs.2,810

- Target: Rs.2,850

 

5. DCAL (Dishman Carbogen)

- Current Market Price: Rs.220

- Stop Loss: Rs.217

- Target: Rs.228

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

Truecaller files for $116 million IPO in NASDAQ, Sweden

Truecaller IPO
16/09/2021

One of the most popular caller identification services, Truecaller, has filed for $116 million IPO (equivalent to Swedish Kroner 1 billion) on NASDAQ Sweden. What is unique about Truecaller is that despite being a global company, it counts India among its top markets. For the last reported full year, Indian market accounted for 69% of the revenues of Truecaller and so India continues to be one of most lucrative markets for Truecaller.

The IPO of Truecaller will be a combination of fresh fund raising and an offer for sale. Truecaller was founded in 2009 by Mamedi and Zarringhalam. It counts investors like Sequoia Capital, Atomico and Kleiner Perkins among its early investors. Some of the existing shareholders will be offering their Class-B shares as part of the OFS. The two founders will retain their control post-IPO, due to their holding in Class-A shares.

Some of the numbers are stunningly tilted towards India.

Out of its 278 million monthly active users spread across 175 countries, Truecaller has nearly 205 million monthly active users in India alone. Most of its employees are concentrated in Sweden, India and in Kenya. Currently, while Sequoia is the largest shareholder in Truecaller with 19.9% stake, the two promoters Mamedi and Zarringhalam own 9.2% each in Truecaller.

The importance of Truecaller offering has become more significant in recent times with new types of frauds and identity thefts being perpetrated through smart phones. Truecaller is becoming an indispensable platform for individuals and for businesses. It will also look to expand its product offering base. Truecaller will use proceeds of the fresh issue to trigger future growth opportunities via organic and inorganic route. Of course, the listing will also given them currency for future growth.

The India business of Truecaller generated revenues $39.7 million in the full year 2020, which represents nearly 70% of the total revenues of Truecaller globally. That shows why India is central to Truecaller. India reported 79% growth in top line yoy and a 67% growth in operating income on yoy basis.

Also Read: 

Upcoming IPOs in 2021

IPOs in September

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
Next Article

How the Telecom Relief Package will Impact Stocks

Telecom Relief Package
by 5paisa Research Team 16/09/2021

Nearly a week after it was originally scheduled to be announced, the government put out its Telecom Relief package. Here are some of the highlights of the package.

1)  The government has offered a 4-year moratorium to telecom companies for their past dues of AGR charges and spectrum usage charges. However, such moratorium will entail interest at 2% above marginal cost of funds.

2)  Prospectively, the government has agreed to rationalize spectrum usage charges rates and also assured that AGR charges will exempt non-telecom income. That had been the bone of contention between the government and the telcos.

3)  The government has allowed 100% FDI in telecom through the automatic route against the 49% existing limit. This will be a boost for the shift from 2G to 4G and also in creating the ecosystem for 5G. It will also entice foreign investments.

4)  Above all, the package assures allotment of spectrum for a period of 30 years against just 20 years currently. The telecoms can also surrender spectrum after 10 years by paying a surrender fee and this will reduce the burden of paying SUC for idle spectrum.

Read: Telecom Relief Package - Celebration for Telecom companies

How will it impact telecom companies and banks?

The impact will vary depending on the stakes involved.

Vodafone Idea will be the company to get the immediate relief as it will not get 4 years moratorium to pay the AGR and SUC dues. This takes care of their immediate solvency problem. Also, if performance improves, they can convert loans into equity.

For Reliance Jio, the moratorium may not be too significant. However, Bharti has fairly large dues to the government. It is not clear whether paying 2% above the marginal cost of funds will make business sense to Bharti. But Reliance Jio and Bharti will gain from FDI, lower spectrum fees, spectrum surrender etc.

Let us turn to banks. SBI has an exposure of Rs.11,000 crore, but it is not too big compared to their total loan book. For IDFC Bank, the loan exposure is just Rs.2,100 crore but it is 2.9% of loan book. They donate have to worry about sticky assets for now.

Yes Bank has an exposure of Rs.4,000 crore and IndusInd Bank Rs.3,000 crore. IndusInd is most likely to gain from this telecom relief policy and that is evident in the recent price moves.

Open Demat Account

Enter First Name & Last Name
Enter Mobile Number
Enter correct otp
Please enter referal code
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order