The Finance Club, IIM Kashipur

4 hours to go!
Get ready to dive into the world of finance and make your mark. Register now for the Equity Research Challenge - where finance meets strategy, and only the sharpest minds prevail! 🏆✌️

To register, click: https://unstop.com/o/wo3B61a?lb=WPoAN7a or scan the QR provided in the post before 16th October EOD to win cash prizes worth ₹15000.

Dear Followers,

It has been a pleasure for all of us here at The Finance Club, IIM Kashipur to connect with you on this platform and share updates about our club and the student-run investment fund- Pragati. However, we have decided to focus our efforts on other social media channels, and as a result, we will no longer be updating this page.

We want to continue to stay connected with you and keep you informed about our club's progress. Therefore, we invite you to follow us on our LinkedIn page, where we will continue to share market insights, investment opportunities, and updates on our fund's performance.

We appreciate your continued support and hope to stay connected with you through LinkedIn. Thank you for being part of The Finance Club, IIM Kashipur community.

You can follow the LinkedIn page by clicking on the link below. The same link can be found in our bio as well.

Thank you.

LinkedIn- https://www.linkedin.com/company/tfc-iim-kashipur/

The Finance Club, IIM Kashipur is glad to announce that we successfully organized our national-level flagship event "Aestimatus 9.0" during the annual fest Agnitraya - IIM Kashipur

After a grueling competition with the highest number of registrations we have had so far, over 2200 participants competed against each other in an elimination quiz round on Unstop - formerly Dare2Compete. After the first round, a total of 34 teams were selected for the Case Study Submission round from all over India and a total of 12 teams received the opportunity to present their solutions in front of our esteemed panelist at the Indian Institute of Management Kashipur campus to fight for a prize pool of ₹42,000.

It gives us immense pleasure to present the winners of this exhilarating event. A hearty congratulations to all the teams.

1. The Gryffindors (Samreet Singh, Pranav Bothra, Siddharth Wasan, Ankit Singh)

2. Team Lakshya (Akshay Mistry, Riya Munim)

3. Easygoers (Dhruv Telidevara, Megha Aggarwal, Eashan Trehan, Swati Teotia)

We wish to extend our heartfelt gratitude to our esteemed panelists Prof. Ashish Kumar and Prof. Shobha Tewari for taking out time from their busy schedules to judge and evaluate the event.

We also take this opportunity to thank our title sponsor State Bank of India , co-sponsors India Glycols Limited, Delhi, power grid India, case study sponsor ForeVision, Agnitraya - IIM Kashipur, Unstop Igniters Club, IIM Kashipur for their contributions and support.

Last but not the least we wish to thank each and every participant for their enthusiasm and participation. We wish you all the best and hope to see you again at our future events.

The Finance Club, IIM Kashipur is thrilled to bring to you the 9th edition of Annual Flagship Pan-India Finance Case Study Competition, Aestimatus 9.0, to be held during Annual National Fest Agnitraya 9.0.

Gear yourselves up for the battleground as we test your financial acumen, analytical skills and business knowledge through 3 consecutive rounds.

Do you have what it takes?
Show us your mettle, and we will reward you with Cash Prizes worth ₹ 42,000 💰

Register at:
https://lnkd.in/dZhnwy6G

Last Date to Register: 10th Jan 2023

The Simulation Challenge in association with the StockGro app starts tomorrow. Gear up and download the StockGro app right away by clicking on the link below if you still haven't.

https://lnkd.in/eaHYKxk

The Finance Club is delighted to bring you The Simulation Challenge in collaboration with StockGro, InsideIIM and AltUni.
This is a pan-India online trading simulation game where you can use your trading strategies to maximize your returns on a virtual stock portfolio in the two rounds of the challenge.
We will test your financial knowledge, trading skills, and investment understanding through the two rounds of the Challenge. The simulation will be conducted on the Stockgro platform.
Register now for free to win Cash Prizes worth ₹ 25,000 and Minimum Discounts of 20% on InsideIIM Investment Banking Certificate Programs for all the participants.
Use this link to Register Now on Unstop: https://lnkd.in/dTRDKFfn

Do you Trade, Invest or just Save?
Tell us in the comments below.

The month of November ended on a strong note, with the Sensex and Nifty hitting all-time highs. Sensex crossed 63,000 for the first time ever, while Nifty settled above 18,750. Global markets, on the other hand, ended on a bearish note owing to China's reimposition of strict COVID restrictions amid a fresh bout of infections. Several analysts contend that the recent upswing in Indian stock markets is the result of a fresh infusion of capital from western investors who are worried about China's political and economic course in the light of ongoing protests across the nation. In November, the net inflow was 28000 crores, up from 8500 crores in October. Meanwhile, the Indian rupee rose in November, marking its first monthly gain this year. The rupee strengthened 1.6% to 81.4 per dollar because of declining oil prices and softer-than-expected US inflation data. Expectations that the dollar's strength had peaked led to investors returning to emerging markets, and Indian equities were the biggest beneficiaries.
The fund remained steady, with Engineers India Ltd. being the best-performing stock. Indian Oil Corporation and Nykaa were the new entries this month. Yes bank was exited this month.

September month witnessed the financial market experiencing a wave of optimism, tracking strength across global markets as oil prices eased, cooling investor concerns about rising inflation. Despite premium valuations, consistent FII inflows aided Indian bourses stay resilient. In the second week of the month, the Nifty touched the 18000-mark, backed by the expectation that the Fed would become less hawkish, which had spurred the most recent global rally. was dashed by worse than anticipated US inflation figures. Additionally, India's easing WPI inflation numbers added more optimism with banking stocks leading the recovery. However, in the last weeks of the month, the global rout in equities pushed benchmark indices below crucial support levels. Indian markets closed in the red for six consecutive days in a row, weighed down by a rise in the US dollar as a result of monetary tightening and the possibility of a global recession. On the last day of the month, the Indian rupee strengthened after the Reserve Bank of India raised the key lending rate by an expected 50 basis points. The partially convertible rupee ended up 0.64% at 81.34 per dollar, having sprinted to a high of 81.16 during the session. Nifty marked the month's end in green, closing at 17094.35, down by 3.82% when compared to the previous month's close.

Titan, Cholamandalam Finance, Yes Bank, Engineer India, and Saregama were the new entries this month. Biocon, Whirlpool, Rajesh Exports and HCL were the exits this month.

The world has witnessed how the big players in the industry have been manipulating the financials in the past. Let's have a look at some of the biggest such financial shenanigans that shook the stock market and how to identify them.

The Finance Club is elated to present to you the winner of KYC: Know Your Cart.
Congratulations to the winning teams and thank you to all participants for making 'Know Your Cart' a great success.

Recently Indian Business tycoon Gautam Adani became the 3rd richest man in the world, rising above the likes of Bill Gates and Mukesh Ambani. In the last 2 years, we have seen many such stories worldwide. Does that mean wealth creation has become easy? Not really, many of these companies are standing on high debt and if the debt is not managed properly, it can spell disaster. Let's find out more about the effects of high debt.

Markets started the month of August on an optimistic note. FPIs turned net buyers in the Indian market in July and the buying momentum increased in August with steady buying through the exchanges. The main trigger for the sustained buying was the steady fall in the dollar index till the third week of the month. The private report which stated that overall direct tax collections grew by 40 percent in the first four months of FY23 to Rs 5 trillion added the optimistic view in the market. Crude oil accounts for approximately 20% of India’s total imports, and the decline in the crude oil prices which was witnessed this month had a positive impact. The brent crude oil futures reached a 6-month low and stood at 93.65 vs the high of USD 123.21 in March 2022. The anticipated dip in the global economy especially in the USA and China due to monetary tightening was seen as the key reason. In the last week of the month, the Nifty lost steam slightly in its continuous positive run, due to the sudden sharp spike in the dollar index to 107.6 which had an impact on capital flows to emerging markets like India. Nifty marked the month end in green, closing at 17759.30, up by 3.44% when compared to the previous month’s close.
The fund performed well with IRCTC being the best performing stock of the month. HCL Technologies and Bharti Airtel were the new entries this month. SBI Card and Payment services was exited this month.

The Indian markets entered the month of July with new optimism and renewed energy. All the sectoral indices were up during the month except the Nifty IT index and Nifty Oil & Gas index. Nifty IT dropped 1.52 percent, while Nifty Oil & Gas lost 0.65 percent. The Nifty IT index has declined by 22% since April 1, 2022. However, the weakening of the rupee against the US Dollar and the normalization of attrition levels is expected to be a positive factor for the IT sector going forward. The markets were extremely oversold with foreign investors selling nearly $28.70 billion so far this year, but the selling pace of the FIIs reduced in July. The foreign institutional investors had net sold Indian stocks worth $146 million this month compared to more than $6.34 billion in June. In the last week of the month, The US Federal Reserve raised interest rates by 75 basis points against an expected hike of 100 bps. Overall, India's benchmark indices Sensex and Nifty surged nearly 8 percent each in July, their biggest gain in 11 months, led by a spike in banking, auto, and consumer sectors with the hope of global central banks going slow on rate hikes.
The fund performed well with SBI Card and Payment services being the best performing stock of the month. There were no new entries. Hindustan Unilever, GMM Pfaudler, IDFC First Bank, Tata Consultancy Services, State Bank India, HCL Technologies, and Mahanagar Gas were the exits this month.

May month started with the central banks of various countries increasing benchmark interest rates. RBI increased the repo rate and cash reserve ratio by 40bps & 50bps respectively, soon after, the US Fed raised its benchmark interest rate by half a percentage point, the biggest jump in 22 years. In the first week, the bears reinforced their hold, as the Nifty decisively fell below key support levels. Later investors joined the global rally in a buying mood following favourable retail earnings in the US which led to nifty gaining for two weeks in a row. Receding FII selling provided comfort to the domestic market in bringing down volatility which made India's VIX decline in the last consecutive weeks of the month to post the worst week since 3rd April. The month also witnessed the shares of steel companies reeling under pressure, falling down significantly in the last week due to the announcement of an export duty of 15 percent on almost all the major steel products to preserve higher domestic supplies and control rising prices. On the last day of the month, it was announced that India's GDP grew by 4.1% in the fourth quarter of FY22 and the overall growth recorded for the FY2021-22 stood at 8.7% as against 7.3% in FY21. Nifty marked the month end at down by 3.08% when compared to the previous month’s close.
The fund remained steady for the month with SBI Life Insurance being the best performing stock. Aurobindo Pharma was exited this month. There were no new entries.

April month started with markets greeting the new financial year with high spirits as Nifty crossed the level of 18,000, however, the rally failed to persist over the week. In the first week of the month, HDFC Bank and its parent company HDFC Ltd announced a merger with the goal of enhancing HDFC Ltd's home loan portfolio, expanding its client base, and allowing HDFC Ltd's portfolio access to low-cost financing. The second week witnessed the Indian indices moving in tandem with global peers. Midcap indices inched towards one of the sharpest single-day fall in nearly 2 months and India’s benchmark 10-year bond yield surged to its highest level in almost three years, breaching the 7% mark mirroring the US treasury yield. With the quarterly results of the companies occupying the center stage in the last weeks, it failed to appease market sentiments as most of the positives even on the earnings front were completely priced in the current valuations. Further, given that there has been a resurgence of Covid cases in some regions of India, with the pace of infection being tracked, and taking these factors into account, it is vital to witness how the market movements will be in the coming month. Nifty marked the month end at 17102.55, down by 2.07% when compared to the previous month’s close.
The fund remained steady for the month with Bharat Electronic being the best performing stock. There were no new entries or exits this month.

The month of March began with rising global tensions and long-term sell-on-rise patterns, with indices continuing to oscillate in a range. The Bank Nifty index, which had been beating the benchmark index since the beginning of the year, had started the month as an underperformer. As tensions between Russia and Ukraine began to de-escalate in the second week of the month, it looked like the country was reclaiming lost territory. Even though the markets were reclaiming lost ground in the third week, FIIs continued to sell, albeit at a slower rate. According to NSDL statistics, FIIs have been net sellers in the Indian equities market for the past five months. FIIs were net sellers for around 7 months during the global financial crisis in 2008 when they were net sellers. In the third week, the US Fed announced a 0.25 percent hike in its benchmark policy rate, the first in three years, in an effort to battle the worst inflation since the 1970s. The month saw a spike in petrol, diesel, and LPG prices, as the war between Russia and Ukraine has culminated in yet another struggle between inflation and the end consumer. While the RBI expects inflation to decline in the coming months, the Nifty ended the month at 17464.75, up 3.92 percent from the previous month's finish.
The fund remained steady with Reliance Industries being the best performing stock. There were no new entries or exits this month.

Our flagship pan India case study competition 𝑨𝒆𝒔𝒕𝒊𝒎𝒂𝒕𝒖𝒔 8.0 as a part of Agnitraya - IIM Kashipur is now successfully concluded. The event saw enthusiastic participation and some very detailed solution to the case problem but few of them were faces in the crowd.
The Finance Club, IIM Kashipur is proud to announce the winners of Aestimatus 8.0-
Winner- Team Equity U’Bees, IIM Udaipur - Jaydeep Kukadiya, Shantanu Tipare, Shreya Narayanan
1st Runner Up- The Gryffindors, IIM Kashipur - Samreet Singh, Sanket Andhare
2nd Runner Up- Team Alpha, NMIMS Bangalore - Uday Maheshwari, Harsh Mehta, Pranjal Singh
Congratulations to all…!!!

We thank every participant and our judges to make this event a grand success…!!!

The Finance Club, IIM Kashipur is elated to announce the successful completion of 𝑶𝒑𝒆𝒏 𝑶𝒖𝒕𝒄𝒓𝒚 – “on the floor”, Over-The-Counter stock exchange trading event where participants tried to increase the value of their holdings based on their intuition and information provided to them.

The price kept changing with every information provided and participants used this as an opportunity to make strategic maneuvers for maximizing their returns but some of them outwitted others.

The top three gainers of the event are –
Winner: Rishabh Kothari, Avnish Saxena
1st Runner Up: Kunal Sharma, Sanchay Jawa
2nd Runner Up: Allan D'souza, Shiva Malik
The Finance Club, IIM Kashipur congratulates you all!!!

We are thankful to every participant for actively participating in the event!!!