• India Says No Proposal to Buy Oil From Russia, Others in Rupee
• Cotton Jumps to Record High on Texas Drought, Rising Demand
• Renewables Firm Seeks First Indian Dollar Bond Since War Began
• Baring’s Citiustech Said to File Confidentially for U.S. IPO
o BPEA is also gauging interest among potential buyers
• U.K. Foreign Secretary Truss to Visit India on Mar. 31: MEA
• Ruchi Soya Retail Investors Can Withdraw Bids by Mar. 30: SEBI
• Nepal’s Prime Minister Deuba to Visit India April 1-3
• TANKER WEEKLY WRAP: Russia Oil Finds Ex-Europe Buyers; CPC Start
• Sea to Shut Shopee India Unit After Political Headwinds
• India Top Court Agrees to Hear Reliance Infra Plea Against DMRC
• Emerging Market ETFs Rise for 2nd Week in $4.33 Bln Streak
• Global Funds Sell Net INR8.01B of India Stocks Monday: NSE
o Domestic funds buy net 11.6b rupees of stocks
• Foreign Investors Sell Net INR13.9B of Indian Equities March 25
• Foreigners Buy Net INR34.3B of Indian Equity Derivatives Monday
• RBI to Conduct INR3T 2-day variable rate reverse repo auction auction
• Indian States to sell INR373.5B of bonds in auction: RBI
• G R Infraprojects (GRINFRA): Wins bids for INR9.07b and INR8.37b projects
• ICICI Bank (ICICIBC): To Buy Upto 15% Stake in IDRCL for INR75m
• Piramal Enterprises (PIEL): To raise Debenture Worth INR1.76b
• Tata Power (TPWR): Tie-up with Rustomjee for EV Charging Infrastructure

Analysts/Investors Meetings on March 29
Welspun Corp: The company's officials will meet Dhanki Securities.
UltraTech Cement: The company's officials will meet Pacific Alliance Investment Management, Fidelity International, Wellington Management Company, T Rowe Price Investment Management, Aberdeen Asset Management, M&G Investment Management, and Franklin Templeton Asset Management.
Nuvoco Vistas Corporation: The company's officials will meet DAM Capital.
Tatva Chintan Pharma Chem: The company's officials will meet Mirae MF, and Sundaram.
Meghmani Organics: The company's officials will attend Axis Capital India Chemicals Conference 2022.
Neogen Chemicals: The company's officials will attend Axis Capital India Chemicals Conference 2022.

Fine Organic Industries: The company's officials will attend Axis Capital India Chemicals Conference 2022.
Mahindra Holidays & Resorts India: The company's officials will meet Motilal Oswal.
Hindustan Zinc: The company's officials will meet Janus Henderson.
Laxmi Organic Industries: The company's officials will attend HDFC Securities Investor Forum.
Container Corporation of India: The company's officials will meet Jefferies India.
Mahindra Lifespace Developers: The company's officials will attend Kotak - India Manufacturing Forum.
Oriental Aromatics: The company's officials will attend Axis Capital India Chemicals Conference 2022.
IIFL Finance: The company's officials will meet Abakkus Investments, and Omkara Capital.
Gati: The company's officials will meet Sell Side Analysts, and Franklin Templeton.
JSW Steel: The company's officials will meet Institutional Investors.

#stocklending offer #wockard #pharma April Series Rs 5 per share at #nse #alliesfin
lend your share. offer valid till buyer last.

#stocklending offer #wockard #pharma April Series Rs 16 per share at #nse #alliesfin
lend your share. offer valid till buyer last.

*SGX Nifty +144 pts (17533) from last trade 17389 ,*


Nikkei -266 pts ,
Hangseng +174 pts ,
Now @6.53am .


Dow +338.30 pts ,Nsdq +264.73 pts, S&P
+56.08 pts , Bovespa +1276 pts , Ftse +64 pts , Dax +402 pts , Cac +203 pts , Crude @ $105.77 brl (+1.43), Brent @ $109.12 brl (+0.40) , Gold @ 1918.90(+6.90), Silver @ $24.913 (+0.17), Euro @ $1.098, JPY @ $122.39,  INR @ 75.645




*Today's Corporate Action*
*30th Mar Ex Date*



AMBUJACEM
Final Dividend - Rs. - 6.3000
CRISIL
Final Dividend - Rs. - 15.0000
CRISIL
Special Dividend - Rs. - 7.0000
DHAMPURSUG
Interim Dividend - Rs. - 6.0000
GILADAFINS
Bonus issue 1:1
GILADAFINS
Stock  Split From Rs.10/- to Rs.5/-
SBICARD
Interim Dividend - Rs. - 2.5000




*Today's Key Results/Board Meetings*
*30-Mar-21*



INANI
General
JINDCAP
General
LELAVOIR
General
MEWATZI
General
SCANPGEOM
General
SEJAL
General
SUPRAP
General
ZDHJERK
General



*Stock under F&O ban on NSE*
*30-Mar-21*



1IDEA

2PVR

3SUNTV

Stocks in News

TG @ALLIESFIN

Sudarshan Chemical Industries: The board approved fund raising of up to Rs 200 crore through issue of non-convertible debentures, on private placement basis.

Ashapura Minechem: Porinju Veliyath-backed Equity Intelligence India sold 4.82 lakh equity shares in the company via open market transactions on March 24. With this, its shareholding in the company stands at 0.83 percent, down from 1.36 percent earlier.

Aurobindo Pharma: The company has acquired business and certain assets of Veritaz Healthcare, for Rs 171 crore. Veritaz operates in pharmaceutical industry in India and sells branded generic formulations and other health care related products.

Muthoot Capital Services: The company completed transaction of Rs 193.63 crore through securitisation of portfolio. This is the second securitisation carried out by the company during the FY22.

G R Infraprojects: The company has emerged as L-1 bidder for two projects - four laning of existing 2-lane stretch from Govindpur to Rajura in Maharashtra, and another four laning of existing 2-lane stretch from Bamni to MH/TG Border in Maharashta on Hybrid Annuity Mode under Commercial Operation NH(O).

Welspun Specialty Solutions: The company has received Rs 15.97 crore from one of its customers, a public sector undertaking after an arbitral award passed in favour of the company. This payment is with regard to certain disputes that arose out of a contract for supply of seamless pipes by the company.

Tata Power: The company has collaborated with Rustomjee Group, the leading real estate developer, to provide end-to-end electric vehicle charging solutions across all its residential and commercial projects in Mumbai Metropolitan Region (MMR).

MARKET NEWS

TG @AlliesFin


M&M: RS 462.8CR BSE BLOCK TRADE; FOR ~5933334 SHARES, AT RS 780 (MULTIPLE BLOCKS)

ADANI POWER: Rs 23.67cr NSE Block Trade; for ~1346603 shares, at Rs 175.8 (MULTIPLE BLOCKS)

TATA MOTORS: RS 138.38CR NSE BLOCK TRADE; FOR ~3189129 SHARES, AT RS 433.9 (MULTIPLE BLOCKS)

SBI Life gains 2% after a stake sale by Canada Pension Fund in block deal window

Russia is going to be in deep recession this year, says Kristalina Georgieva, Managing Director, International Monetary Fund (Agenceis)

Overall estimated debt resolution stands at Rs 61K cr; Rs 55K cr debt resolution by Mar, 2022. Rs 6,500 cr debt resolution transactions waiting for approval by NCLT: CS Rajan, IL&FS

City Union Bank (CUB) has decided to recall the loan of ₹100 crore given to SpiceJet and has marked the account as a Special Mention Account (SMA) 1 because it has seen incipient stress. SpiceJet was given multiple notices to either pay back ₹100-crore bank overdraft or come up with a revival plan. Since the debt-strapped low-cost carrier did neither, the bank has started provisioning for the same. Negative

Strides Pharma R. Ananthanarayanan resigns as MD, CEO
Arun Kumar, founder, to take over as Executive Chairperson & MD effective April 7, 2022

Government to announce fifth tranche of commercial coal mine auction on March 30. To offer 109 coal mines under the fifth tranche of auctions

FII BUY NET INR 35.47 CR OF INDIA SHARES TODAY || DII BUY NET INR 1713.31 CR

ICICI Bank: To buy Open Network's 10 lakh shares for Rs 10 cr

Nymex crude below $102, Brent crude below $105
Crude slips over 4% each
Palladium drops as much as 7.2% as Russia signals pullback
LME aluminium falls 3.5% to one-week low after Russia comments

Russia making 2 steps to de-escalate Ukraine conflict; says Ukraine talks are now in practical phase (Agencies)

Analysts/Investors Meetings on March 30

TG @AlliesFin

eClerx Services: The company's officials will meet L&T Mutual Fund, Sundaram Mutual Fund, DSP Fund, and HDFC Mutual Fund.

Sterlite Technologies: The company's officials will meet SBI General Insurance.

UltraTech Cement: The company's officials will meet Morgan Stanley Investment Management, Lion Global Investors, RWC Partners, FSSA Investment Managers, Comgest Asset Management, and Fullerton Fund Management Company.

Tatva Chintan Pharma Chem: The company's officials will meet Nippon, White Oak, UTI, and Max Life.

JSW Steel: The company's officials will meet institutional investors.

Gland Pharma: The company's officials will meet Mirae Asset Mutual Fund, and Sands Capital.

Greaves Cotton: The company's officials will meet TCG AMC, AV Fincorp, Varanium Capital Adviors, Prudent Value Partners, Moneybee, Oculus, Family Office Sundram, Oaklane Capital, and Quantam AMC.

Namaste !!

TG @AlliesFin

• India to Sell 1.5% Stake in ONGC Via an Offer for Sale
• Russia’s Lavrov to Make First India Trip Since War in Ukraine
• India Says Sustainable Fuel One Key to Cleaner Aviation Sector
• India Has Diversified Its Oil Basket to Mitigate Risks: Minister
• Coal Sector to Invest INR125b for 35 First Mile Projects: Minister
• India Approved 49 Applications for Bulk Drugs PLI Program
• U.S. Energy Storage Needs Policy Support to Keep Top Rank: BNEF
• India Extends Unrestricted Import Rule for Some Pulses
• India’s SEBI Tightens Rules for Collective Investment Plans
• India BCCI Releases Tender Invitation for IPL Media Rights
• Shelved Bond Deals Point to Strains in India Credit Market
o Firms pulled deals worth up to $1.4 bln combined recently
• RBI to Hold Swap Auction for $5 Bln on April 26: Statement
• InterGlobe Aviation Names New Finance Chief After CFO Resigns
• Global Funds Buy Net INR354.7M of India Stocks on Tuesday: NSE
o Domestic funds buy net 17.1b rupees of stocks
• Foreign Investors Sell Net INR3.91B of Indian Equities on Monday
• Foreigners Buy Net INR32.6B of Indian Equity Derivatives Tuesday
• U.S. Drug Supply Is Even More Reliant on India Than Thought
• Ukraine Update: Talks End With No Cease-Fire But Clearer Demands
• Foreign Minister of Mexico begins 3-day India visit on Wednesday: PTI
• Parliament passes Budget: FM says will ensure predictable recovery: PTI
• Army Chief to review India’s security preparedness on Wednesday: PTI
• Adani Enterprises (ADE): Gets Financial Closure of Navi Mumbai Airport Project; State Bank of India (SBIN) Underwrote the Entire Debt of INR128b
• Cerebra Integrated (CIT): Meeting on April 4 to Consider Rights Issue
• Exide Industries (EXID): Approves Merging Unit Chloride Power with Co.
• Future Enterprises Defaults on Debt Recast Payment Due to Banks
• Hero MotoCorp (HMCL): Says Not Served any Document on Tax Search, to Inform Exchange when Tax Dept Finding Known
• ICICI Bank (ICICIBC): To Buy 5.97% Stake in Open Network for INR100m
• IDBI Bank (IDBI): To Sell Ageas Federal Stake to Ageas Insurance
• Lemon Tree Hotels (LEMONTRE): Signed a License Pact for 132 room hotel project at Rishikesh Under it’s Luxury Brand Aurika
• State Bank of India (SBIN): To Buy Out SBI Global Factors Stakes from Existing Holders
• Tata Consumer (TCO): Board Approved Scheme of Arrangement with Tata Coffee, TCPL Beverages
• Welspun Corp (WLCO): Says Unit in Saudi Arabia Wins $132m order

Journey Of Sensex in Financial Years of Last 20 Years. TG @AlliesFin

*Tax Rules changes effective from 01.04.2022 that you should know...*

# *NPS* : State Govt Employees will now be able to claim deduction for NPS Contribution by the employee up to 14% of the Basic Salary + DA

# *EPF* : If the contribution by employees to their EPF account is more than 2.5 lakhs in FY 2021-22 and onwards, then the interest earned on the excess contribution will be taxable in their hands. A new EPF account will be opened for this effect.

# *ITR* : Tax payers can now file an updated ITR for errors and mistakes done at the time filing original ITR. They can now file and updated ITR within 2 years from the end of relevant assessment year.

# *VDA / CRYPTO* : Gains from Virtual Digital Assets / Crypto Currencies would be subject to a flat 30% Income Tax. Further, no deduction in respect of any expenditure (except cost of acquisition), will be allowed.

If you receive a gift in form of crypto currency or any other Digital Virtual Asset, will be liable to tax as a Gift.

# *Interest on Small Savings* : Any Interest earned from Postal Saving Schemes (TD, MIS, SCSS) etc... will not be paid in CASH.

• India to Borrow INR8.45T Via Bonds in April-September
o India to Borrow INR4.32T Via T-Bills April-June
• India Raises Gas Price to Record as Rates Soar on Global Crunch
o New gas rates to boost income for ONGC, Oil India, Reliance
• India’s Current Account Deficit Widens to Near Decade High
• India Feb. Key Industries’ Output Rises 5.8% Y/y
• India April-Feb. Fiscal Deficit at 82.7% of FY22 Target
• India Supports Releasing Strategic Oil to Calm Prices: Minister
• India Extends Limits on Edible Oils Stockpile Till Dec. 31
• Desertification of Land a Big Concern for India, Yadav Says
• Jewelers to Spend More as Buyers Flock Back to Stores in India
• Fairfax India to Sell IIFL Wealth Equity Interest for $190.8M
• India Vehicle Loans Rise to Record in February
• India Foreign Travel Spending Up 27% in 4Q Y/Y
• Emerging Economies 1Q GDP Forecast Declines in Past Week
• Global Funds Buy Net INR30.9B of India Stocks on Thursday: NSE
o Domestic funds buy net 11.5b rupees of stocks
• Foreign Investors Buy Net INR23.8B of Indian Equities Wednesday
• Foreigners Sell Net INR23B of Indian Equity Derivatives Thursday
• CNG price down by Rs 6/kg, PNG by Rs 3.50 in Mumbai following VAT cut to 3%: PTI
• Adani Enterprises (ADE): Says Unit Wins INR20.1b Order from NHAI
• Hindustan Zinc (HZ): Approves Up To 200 MW Renewable Power Plan
• Lupin (LPC): U.S. FDA concluded inspection of Unit Novel Laboratories, Somerset, NJ
• NCC (NJCC): To sell Entire Stake in NCC Vizag Urban to GRPL Housing for INR2b
• Oil & Natural Gas Corp (ONGC): To Commercialize Vindhyan Basin
• Punjab National Bank (PNB): Says IDRCL Stake Reduced to 5% from 11.18%
• Punjab & Sind Bank (PJSB): Approves Raising INR46b Via Pref. Issue to Govt
• Sterlite Technologies (SOTL): Sells 64.98% Stake in MTCIL for 430m Rupees
• Vedanta (vedl): To Source 580 MW Renewable Energy Across India
• Wipro (WPRO): Says Wipro GE Healthcare Launch its New Manufacturing Facility in Bengaluru

Mkt. Updates :

SGX Nifty -106 pts (17440) from last trade 17546 ,

Nikkei -215 pts ,
Hangseng -435 pts ,
Now @7.02am .

Dow -550.46 pts ,Nsdq -221.76 pts, S&P
-72.04 pts , Bovespa -260 pts , Ftse -63 pts , Dax -191 pts , Cac -81 pts , Crude @ $100.09 brl (-0.19), Brent @ $107.91 brl (+0.00) , Gold @ 1940.10(-13.90), Silver @ $24.925 (-0.20), Euro @ $1.1067, JPY @ $121.91,  INR @ 75.905


US GOVT. 10-YEAR YIELD : 2.37%


Today's Corporate Action, 01 Apr Ex Date :

*N0NE*


Today's Key Results/Board Meetings, 01-Apr-22 :

MAYURFL
General
PANORAMA
General
STDSHOE
General
SVAMSOF
General
TIGERLOGS
VIKRAMTH
Chemicals
Bonus issu


*SEC. IN F&O BAN FOR, 01-Apr-22*

*NIL*

Business News Headlines🇮🇳

Economic Times

Ø Reliance defends takeover of Future stores in letter
Ø Raymond plans to sell ColorPlus and Park Avenue
Ø Apollo Tyres says fully cooperating with CCI investigation
Ø Airtel adds over 710,000 users, Jio loses 9.3 million
Ø NSE-BSE bulk deals: Singapore, Norway, SBI MF among those buying stake in Max Healthcare
Ø Ruchi Soya fixes FPO issue price at Rs 650 per share
Ø NCLT approves transfer of Raymond Apparel biz to parent firm
Ø ONGC to open Vindhyan Basin in MP for gas production
Ø IOC subsidiary to release 6,000 MT diesel to help ease power crisis in Lanka
Ø Russia offers discounts on oil to India, one of Putin's few fuel buyers
Ø India supports release of oil from reserves to cool prices: Minister
Ø Axis Bank acquires Citi India’s retail assets for $1.6 billion
Ø CNG prices have increased by up to 37% in past six months
Ø Govt doubles gas price to record levels; CNG rates may go up


Business Standard

Ø Future Retail CEO Sadashiv Nayak quits; group entities default on payments
Ø Govt keeps interest rate of small savings schemes unchanged for Q1FY23
Ø Maharashtra to lift all Covid curbs from Apr 2, mask won't be compulsory
Ø Future Retail CEO resigns amid legal battle, debt recovery
Ø India's fiscal deficit touched 82.7% of full-year target at end of Feb
Ø Govt to undertake a two-stage review to determine PLI scheme progress
Ø CCI conducts raids on offices of Apollo Tyres, Ceat, Continental
Ø Jio, Vodafone lose subscribers, Airtel gains in Jan, shows Trai data
Ø India a strategic partner for Salesforce, says Co-CEO Bret Taylor
Ø Govt extends ECLGS by one year, expands scope for contact-intensive sectors
Ø No fresh nod needed for approved related party transactions, clarifies Sebi
Ø Delhivery aims IPO for Q1 as market sentiment improves for large offerings

Financial Express

Ø Govt extends stock limits on edible oils, oilseeds till December
Ø CNG price down by Rs 6/kg, PNG by Rs 3.50 in Mumbai following VAT cut to 3%
Ø ONGC share sale fully subscribed, govt to get Rs 3,000 cr next fiscal
Ø Mutual funds: Sebi extends deadline for compliance with certain directions to July 1
Ø Covid-hit MSMEs get Rs 6,062-crore boost
Ø India Ratings trims India’s FY23 growth forecast to 7-7.2%
Ø Ruchi Soya files FIR against circulation of text messages advertising FPO, says SMS not issued by company
Ø SEBI inching ahead to set up Social Stock Exchange
Ø Future Enterprises defaults on Rs 19.16 crore loan repayment
Ø Banks get time till March 2023 to implement new system to replenish cash in ATMs

Bulk Deal & Insider Trade Update
Bulk Deals
*Max Healthcare Ins Ltd : Smaller Cap World Fund Inc Buy 16400000 Shares @ Rs. 340

*Max Healthcare Ins Ltd : Wf Asian Smaller Companies Fund Limited Buy 13394000 Shares @ Rs. 340

*Max Healthcare Ins Ltd : Government Of Singapore Buy 10778183 Shares @ Rs. 340

*Jindal Steel & Power : Jsp Employee Benefit Trust Buy 5750000 Shares @ Rs. 536.22

*Max Healthcare Ins Ltd : Sbi Mutual Fund Buy 6346506 Shares @ Rs. 340

*Max Healthcare Ins Ltd : Norges Bank On Account Of The Government Pension Fund Global Buy 4943000 Shares @ Rs. 340

*Ajooni Biotech Limited : Tcg Funds Fund 1 Buy 73000 Shares @ Rs. 67.29

*Lancer : Nomura Singapore Limited Buy 450000 Shares @ Rs. 163.99
Ashika


Insider Trade
Acquisition
*K.Gautam Director Acquisition 8440 shares of Ncl Industries Ltd.-$ on 31-Mar-22

*K Madhu HUF Promoter Group Acquisition 65 shares of Ncl Industries Ltd.-$ on 31-Mar-22

*Shriram Value Services Limited Promoter Group Acquisition 1056379 shares of Shriram Transport Finance Co.Ltd.

Disposal
*Panna Deepak Sanghavi Promoter Group Disposal 50000 shares of Pidilite Industries Ltd.

*Anuj Kacker Director Disposal 509 shares of Aptech Ltd. on 29-Mar-22

Invoke
*TCI Finance Limited Promoter Group Invoke 70000 shares of Gati Ltd. on 28-Mar-22

Pledge
*Max Ventures Investment Holdings Private Limited Promoter Pledge 825000 shares of Max Financial Services Ltd on 29-Mar-22

*Motherson Sumi Systems Limited Promoter Pledge 293000000 shares of Motherson Sumi Wiring India Ltd on 28-Mar-22

Revoke
*SIDDESHWARI TRADEX PRIVATE LIMITED Promoter Group Revoke 220000 shares of Jindal Steel & Power Ltd. on 26-Mar-22
Ashika

Dividend Update
*FLUOROCHEM Interim Dividend Rs. 2 Ex Date 31-Mar-202

👆 Individual Investors have the luxury of thinking

You don't have to worry about beating the market, you just have to worry about doing enough to reach your goals, that's your true Benchmark.

You can focus on yourself and your own portfolio.