RISHABH SURANA

Investor, Motivational Speaker, Numtechnolysis Trader Of Stocks, Commodities & FOREX, Thinker, Spreading Positivity & Awareness (For More Google Me)

[RISHABH SURANA @rishabhanalyst]

Lots of queries.. So my Answer 👇

#Nifty can touch 7700 level & 7300 is the 1st strong support according to my analysis and after that super strong level on charts is near 5500.

Index investors, use these levels wisely & buy only in major dips.

Note*:- Invest at your own risk

[Deepak Shenoy @deepakshenoy]

Gold prices in India seem to be falling and it's now fallen 20% from the Jan 2026 peak, even after the govt increased duty from 6% to 15% in May. In fact, it's lower than pre-duty May prices now.

Just be aware that gold has long periods of no returns (or negative returns)

[RISHABH SURANA @rishabhanalyst]

EAAA India Alternatives Ltd. (an Edelweiss Group company) is launching its ₹1,200-crore IPO.

Investor participation & market metrics:

• Anchor allocation: ₹360 cr raised from anchor investors, with 14.14 lakh shares (65.4%) allotted to domestic mutual funds across 13 schemes (including SBI, ICICI Pru, HDFC, Nippon, and Kotak) alongside global institutional investors.

- Several anchor participants also maintain existing investment exposures across listed asset management companies.

- Unlike open-ended mutual funds managing daily liquidity, alternatives operate on closed-end, long-duration committed capital structures.

• Client profile: Repeat clients account for 77% of total commitments (1,493 repeat clients); 31 clients have committed >₹500 cr each, and the top 10 clients represent 26% of FPAUM.
• Capital sourcing: Sourced 66% domestic and 34% offshore; 49.32% institutional and 50.68% non-institutional.
• Business profile: Focuses on closed-end, long-duration capital in Yield & Income strategies (private credit and real assets); strategies seek to generate contractual cash flows, subject to underlying asset and market risks.
• Industry context: India's alternatives penetration stood at 3.9% of GDP in CY25, with CareEdge/Preqin projecting domestic Yield & Income AUM to grow at a 16–18% CAGR through CY30.

Key operating and financial data:

• Issue size: ₹1,200 cr; price band: ₹1,585–₹1,665 per share.
• Total AUM: ₹95,345 cr; Fee-Paying AUM (FPAUM): ₹48,623 cr as of June 30, 2026 (FY24–FY26 FPAUM grew at 23.43% CAGR to ₹44,710 cr).
• FY26 total income: ₹963.76 cr (28.4% FY24–FY26 CAGR), with management and advisory fees at ₹579.07 cr (60.08% of total).
• FY26 PAT: ₹265.20 cr (25.97% RoE); Q1 FY27 PAT: ₹80.71 cr.
• Real Assets: ₹28,040 cr in FPAUM (1.73 GW solar, 4,586 lane-km roads, 3.10M sq. ft. office space).
• Private Credit: 16 active funds, with ₹43,973 cr in cumulative realisations across 140 exits since inception.

Sources: Offer Documents (RHP), Exchange Disclosures & CareEdge/Preqin Research.

Anchor allocation breakdown reported by Livemint:
https://t.co/iS9PrvKPqn

[unusual_whales @unusual_whales]

BREAKING: Central banks around the world are quietly stockpiling four times as much gold as usual and are moving it out of the US, per FORTUNE

[Barchart @Barchart]

BREAKING 🚨: China

Chinese Stock Market enters bear market 🐻 after plunging more than 20% from its June high 📉 📉

[The Spectator Index @spectatorindex]

BREAKING: Brent crude rises to $113, the highest since May.

[RISHABH SURANA @rishabhanalyst]

The anchors' read of Jio's tech, per the RHP: the core software running its 5G network is its own and serves 28.5 crore 5G users; some network equipment is bought from global suppliers, like every operator.

₹2.5 lakh crore of bids for an ₹8,110 crore book.

#TechnologyIndia #SabkaJioIPO #MarketAnalysis

[Barchart @Barchart]

BREAKING 🚨: China

Chinese Stock Market on track for 11 straight red weeks, its longest losing streak in history 📉 📉

[Patterns @Patterns0001]

BREAKING: 🇮🇳 India’s 30-Year bond Yield hits a 4-year high

[The Spectator Index @spectatorindex]

BREAKING: Brent crude rises to $112, the highest since May.

[RISHABH SURANA @rishabhanalyst]

Domestic mutual funds reportedly took about 34% of Jio's anchor book, across 95 schemes at 25 fund houses. Insurers were also among the participants.

Institutional participation is useful context, but your own investment decision should be based on research and risk tolerance.

#SabkaJioIPO

[RISHABH SURANA @rishabhanalyst]

If you step back and look at what Hindustan Zinc is pulling off right now, you have to give them credit for keeping a tight grip on their operations.

When you dig into the numbers, the biggest story is how well they've managed to trim their production costs. Earlier in the year, everyone thought zinc production costs would sit somewhere between $975 and $1,000 per tonne. But they've managed to pull that down into the $825–850 range for the full year, and for the September quarter specifically, it dropped all the way to $703 per tonne. That kind of drop shows they are doing a really good job managing their internal costs.

A lot of this comes down to getting good value out of their by-products, especially with global supply chains being disrupted. Interestingly, CFO Amit Gupta mentioned that high energy prices still added about a $50 per tonne penalty to their costs, meaning if energy prices hadn't been an issue, their numbers would look even better.

Another huge part of the story is their silver business, which is quietly doing a lot of heavy lifting by accounting for 45% of total profits after a 141% jump in sales.

Looking ahead, management indicates that costs might tick up slightly in the next two quarters, however, they are walking out of the second quarter (Q2) on a very strong 142% spike in net profit (₹6,412 crore)

What do you think about their cost-cutting so far? Do you think they can keep costs below $850 if energy prices start acting up again later this year?

[RISHABH SURANA @rishabhanalyst]

Jio's anchor quota is 30 times oversubscribed as it expands into cloud and AI

https://t.co/Py1SBhjUAp

[RISHABH SURANA @rishabhanalyst]

What makes Jio’s IPO interesting isn’t just the size of the demand. It’s the breadth of reported interest, spanning global asset managers, sovereign investors and India’s largest financial institutions.
https://t.co/joR6PFAs7l

[RISHABH SURANA @rishabhanalyst]

PPFCF vs Axis Large & Mid Cap: The Mechanics Behind the Numbers

A fund's CAGR shows the end destination. Its capture ratios explain the journey.

Recent factsheet disclosures reveal an interesting contrast in how both funds participated across market cycles:

Market Capture Ratios:

• Upside Capture: Axis 101.8% | PPFCF 72.92%
• Downside Capture: Axis 84.62% | PPFCF 43.70%

These numbers reflect two distinct portfolio profiles:

1. PPFCF: Lower Historical Downside Participation

With ~83.96% in equity and ~16% in cash/debt/other assets, PPFCF recorded a downside capture ratio of 43.70%. Its top 10 holdings accounted for ~51% of the portfolio. At the same time, it also captured less than three-fourths of benchmark rallies.

2. Axis Large & Mid Cap: Higher Equity Exposure

Operating under a mandate requiring at least 35% allocation each to large-cap and mid-cap stocks, Axis had ~96.94% equity exposure and captured 101.8% of market rallies, while its downside capture was 84.62%.

Reported trailing returns across the cited periods:

• 3-Year CAGR: Axis 13.98% vs PPFCF 12.14%
• 1-Year Return: Axis +3.09% vs PPFCF -4.07%

The takeaway:

This is not an apples-to-apples comparison of which fund is superior. It illustrates how different mandates and portfolio allocations can translate into different market participation profiles.

Historical capture ratios and past returns do not predict future outcomes.

When evaluating an equity fund, what matters more to your investment approach: greater participation in market rallies or lower participation in market declines?

(Note: Based on reported factsheet metrics for educational purposes.)

[RISHABH SURANA @rishabhanalyst]

Jio IPO: Price Band Set at ₹1,065–₹1,119 Per Share

Jio Platforms’ proposed ₹30,188 Cr IPO is drawing attention, with The Economic Times reporting interest from global and domestic investors, including GIC, BlackRock, Allianz, Fidelity, Norway’s sovereign wealth fund, LIC, SBI Mutual Fund, HDFC Mutual Fund and other major institutional investors.

The anchor investor bidding is scheduled for October 19, followed by the public subscription opening on October 21, according to reports.

Read more: https://t.co/51ltUX4xWR

[RISHABH SURANA @rishabhanalyst]

They sold a profitable but under-capitalised PSU for Rs.769 crore and kept ~29%. That leftover stake is now worth over Rs.62,000 crore.

Hindustan Zinc was transferred with management control to Vedanta roughly two decades ago. It was not loss-making at the time it reported a profit after tax of ₹169.22 crore in FY2001 and ₹67.96 crore in FY2002. However, it was operationally constrained and under-invested. Dividends from the residual holding have already crossed the original sale value.

The company is today the world’s largest integrated zinc producer, with zinc output up more than 4x and silver production up 15x. Imports were replaced, exports rose, and taxes, royalties and jobs all increased.

ICICI went private and is valued near Rs.9.88 lakh crore. IDBI stayed public, needed repeated capital and is valued around Rs.90,000 crore. With the IDBI Bank strategic sale now approved, the residual stake held by the government and LIC becomes the real test.

The Hindustan Zinc experience offers a case study of how professional management and a retained minority stake can create substantial public value. Whether IDBI Bank delivers a comparable outcome remains to be seen.

(General economic analysis & case study.)
https://t.co/HUgMryitAY

[RISHABH SURANA @rishabhanalyst]

From Dhirubhai Ambani pioneering retail equity to Mukesh Ambani building national connectivity, Jio Platforms’ proposed IPO marks a significant milestone in India’s capital markets.

Key facts on the proposed IPO:

• Leadership: A new chapter in the Ambani family’s corporate journey, with Akash Ambani among Jio’s key leaders.
• Digital scale: Jio carried approximately 60% of India’s wireless data traffic in FY2026, according to industry reports.
• Capital structure: The ₹30,213 crore issue comprises up to 27 crore fresh equity shares, with no offer-for-sale (OFS) component.

According to the RHP, proceeds are intended primarily to prepay borrowings at Reliance Jio Infocomm, with the balance allocated to general corporate purposes.

Source: Economic Times
https://t.co/2OU0tFt1uc

[TIMES NOW @TimesNow]

Breaking || Big change in caller identification from November 1.

- Callers' registered names to appear on phones.

- Caller names to show alongside mobile numbers

- Airtel, VI, BSNL & Jio users to see caller names

[NPCI @NPCI_NPCI]

UPI MDR on Select Merchant Transactions Shall be Implemented Post Diwali

Press Release Link: https://t.co/5KMjOP0tHd

[CNBC-TV18 @CNBCTV18Live]

#JustIn | #NSE To Exclude Futures & Options Contracts In #PolycabIndia

⏩Action Follows Shortlisting Of Scrip Under IBC Framework