Mukesh Ambani's Baazigari: How RIL Won against Amazon Despite Losing Future Deal. RIL proves it is impossible to take on Ambani in his home turf

This week RIL called off Future deal - which was under litigation with Amazon

The first reading makes one believe that Ambani lost, and Bezos is a happy man.

But a closer look at RIL’s strategy over the last few months reveals that events panned out exactly the way Ambani planned. Despite the deal being called off, Ambani walks away with 947 of 1400 stores of Future

Future now faces bankruptcy

Amazon will have to continue with the legal battle for FRL which is only left with 20000cr debt and 600 inoperational stores

RIL would be interested in bidding for select assets when Future group goes for liquidation

https://www.outlookindia.com/business/ambani-walks-out-of-battle-with-bezos-but-what-s-left-of-future-group-anyway--news-192964

Mkt updates :

*SGX Nifty +120 pts (17102) from last trade 16982 ,*

Nikkei +144 pts ,
Hangseng +120 pts ,
Now @6.58am .

Dow +238.06 pts ,Nsdq +165.56 pts, S&P
+24.34 pts , Bovespa -392 pts , Ftse -141 pts , Dax -217 pts , Cac -132 pts , Crude @ $98.69 brl (+0.14), Brent @ $102.32 brl (-0.00) , Gold @ 1900.50(+4.50), Silver @ $23.75 (+0.08), Euro @ $1.0707, JPY @ $128.03,  INR @ 76.725


US GOVT. 10-YEAR YIELD : 2.82%


Today's Corporate Action, 26 Apr Ex Date :


SAREGAMA
Stock  Split From Rs.10/- to Rs.1/-
TCMLMTD
Right Issue of Equity Shares


Today's Key Results/Board Meetings, 26-Apr-22 :

ABSLAMC
Audited Results;Final Dividend
ATUL*
Audited Results;Final Dividend
AUBANK
Audited Results;Bonus issue;Final Dividend
BAJFINANCE
Audited Results;Dividend
DLINKINDIA
Audited Results;Dividend;Quarterly Results
DYNPRO
Right Issue of Equity Shares
GATEWAY
Audited Results;Interim Dividend
GUJHOTE
Audited Results;Final Dividend
HDFCLIFE
Audited Results;Final Dividend;General
HOVS
General
IIFLSEC
Audited Results;General
ITHL
Audited Results;Final Dividend
JINDHOT
Audited Results;Quarterly Results
JK AGRI
Audited Results;Dividend
JOINDRE
General
JUMBO
Audited Results;General
KPITTECH
Audited Results;Dividend
LODHA
Audited Results
MADHUDIN
Audited Results
MAHLOG
Audited Results;Final Dividend;General
MANSIFIN
General
NAM-INDIA
Audited Results;Final Dividend
NELCO
Audited Results;Dividend
SANINFRA
Final Dividend;General
SANOFI
Quarterly Results
SCHAEFFLER
Quarterly Results
SDBL
Audited Results;General;Quarterly Results
SINCLAIR
Buy Back of Shares
TATACOFFEE
Audited Results;Dividend
TTML
Audited Results
UBL
Audited Results;Dividend
UHZAVERI
Preferential Issue of shares
UTIAMC
Audited Results;Final Dividend
VSTIND
Audited Results;Dividend


*SEC IN F&O BAN FOR, 26 April, 2022 :*

*NIL*

*ADDITION : NIL*
*DELETION : NIL*


*Today's Alert :*

*RBI to Conduct Auction of SDLS BONDS for INR 15 Billion*

LIFE INSURANCE CORP IPO OFFER FOR SALE REVISED TO 221.3 MLN SHARES FROM 316.25 MLN SHARES PREVIOUSLY - SOURCES

LIC IPO: PRICE BAND SET BETWEEN 902 RUPEES AND 949 RUPEES || INDIA GOVT TO SELL 3.5% IN LIC IPO - SOURCE

LIC IPO TO OPEN FOR SUBSCRIPTION ON MAY 4, CLOSE ON MAY 9 || LIC IPO ANCHOR INVESTOR BID PERIOD MAY 2 - SOURCE

LIC IPO DISCOUNT FOR RETAIL AND EMPLOYEES AT 45 RUPEES, 60 RUPEES FOR LIC POLICYHOLDERS - SOURCE

*🔹INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 26-04-2022 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET BUY : +11,878* 😀😀

*INDEX FUT. : +231*

*INDEX OPT. : +9957*

*STOCK FUT. : +1399*

*STOCK OPT. : +291*

*🔹SEC IN F&O BAN FOR, 27 April, 2022 :*

*NIL*

*ADDITION : NIL*
*DELETION : NIL*


*🔹INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 26-APR-22 : (Rs. CRS )*

*FIIS : SELL -1,174 (7,340-8,514)* 😢

*DIIS : BUY +1,644 (6,818-5,174)* 😀

*BSE SENSEX : +777 (57,357)🔼*

*NSE NIFTY : +247 (17,201)*🔼

*BSE MIDCAP. : +392 (24,630)*🔼

*BSE SMLCAP. : +220 (28,919)*🔼

*B. CRUDE : $ 102.88 (5pm)* 🔼 😔

*GOLD: $1907=INR 52400(10gr)(5pm)*🔽😔

*SILVER :* *RS. 65,450 (kg) (5pm) 🔽 😔*

*FOREX : RS. : $ 76.58* 🔼 🙂

*6.54% GOI '32 : 7.0530%(96.42)* 🔼 😔

*6.10% GOI '31 : 7.0923% (93.36)* 🔼 😔

*6.67% GOI '35 : 7.2667% (94.88)* 🔼 😔

Mkt. Updates :
TG @AlliesFin
SGX Nifty -242 pts (16970) from last trade 17212 ,

Nikkei -479 pts ,
Hangseng -211 pts ,
Now @6.53am .

Dow -809.28 pts ,Nsdq -514.11 pts, S&P
-122.92 pts , Bovespa -2472 pts , Ftse +5 pts , Dax -167 pts , Cac -34 pts , Crude @ $102.55 brl (+0.85), Brent @ $106.03 brl (+1.04) , Gold @ 1905.20(+1.10), Silver @ $23.65 (+0.10), Euro @ $1.0637, JPY @ $127.55,  INR @ 76.665


US GOVT. 10-YEAR YIELD : 2.75%


Today's Corporate Action, 27 Apr Ex Date :

ABB
Final Dividend - Rs. - 5.2000
SHREEGANES
Bonus issue 1:1


*Today's Key Results/Board Meetings,;27-Apr-22 :*

5PAISA
Audited Results;General
AAL
General
APCOTEXIND
Audited Results;Final Dividend
ARFIN
Audited Results;Quarterly Results
BAJAJ-AUTO
Audited Results;Dividend
BANASFN
Right Issue of Equity Shares;General
CHENNPETRO
Audited Results;Dividend
COCHMAL
Audited Results
GGENG
Stock  Split
HATSUN
Audited Results;General
HDFCAMC
Audited Results;Dividend
HINDUNILVR
Audited Results;Final Dividend
IEX
Audited Results;Final Dividend
INDHOTEL
Audited Results;Dividend
KOHINOOR
Rights Issue
KPRMILL
Audited Results;Final Dividend
MAHLIFE
Audited Results;Final Dividend;General
MPFSL
General
MPL
Audited Results
NCLRESE
Right Issue of Equity Shares;General
NIHARINF
General
PERSISTENT
Audited Results;Final Dividend;General
SHREDIGCEM
Audited Results;Final Dividend
SUPPETRO
Final Dividend;Quarterly Results
SWARAJENG
Audited Results;Dividend
SYNGENE
Audited Results;Final Dividend
TRENT
Audited Results;Final Dividend


*SEC IN F&O BAN FOR, 27
April, 2022 :*

*NIL*

*ADDITION : NIL*
*DELETION : NIL*

#lic #ipo #alliesfin

*Trading Tweaks*

*List of securities shortlisted in ASM Framework w.e.f. April 28, 2022*

1. Adani Wilmar Ltd*
2. AuSom Enterprise Ltd*
3. Carnation Industries Ltd
4. Filatex Fashions Ltd
5. Future Consumer Ltd*
6. Future Lifestyle Fashions Ltd*
7. JK Agri Genetics Ltd
8. Niraj Cement Structurals Ltd*
9. Shree Rama Multi-Tech Ltd

*List of securities shortlisted in ASM for Companies relating to the Insolvency Resolution Process (IRP) as per Insolvency and Bankruptcy Code (IBC) w.e.f. April 28, 2022*

1. Hindusthan National Glass & Industries Ltd

*List of securities which shall continue in ASM framework but shall be moved to respective higher Stage ASM w.e.f. April 28, 2022*

1. Hardwyn India Ltd

*List of securities shortlisted in Short Term 5/15/30 Days ASM Framework w.e.f. April 28, 2022*

1. Alpine Housing Development Corporation Ltd
2. Bhakti Gems and Jewellery Ltd
3. Bombay Dyeing & Manufacturing Company Ltd
4. Elegant Marbles & Grani Industries Ltd
5. Future Supply Chain Solutions Ltd
6. Mohit Industries Ltd
7. Poona Dal & Oil Industries Ltd
8. Shree Renuka Sugars Ltd
9. Trishakti Electronics & Industries Ltd

*List of securities which shall continue in Short Term 5/15/30 Days ASM framework but shall be moved to respective higher Stage ASM w.e.f. April 28, 2022*

1. Amit International Ltd

*List of securities moving out of Short Term ASM Framework w.e.f. April 28, 2022*

1. Beekay Niryat Ltd
2. Carnation Industries Ltd
3. Chandrima Mercantiles Ltd
4. CNI Research Ltd
5. Helpage Finlease Ltd
6. Indus Finance Ltd
7. Mauria Udyog Ltd
8. Nahar Industrial Enterprises Ltd
9. National Oxygen Ltd
10. OTCO International Ltd
11. Sakuma Exports Ltd
12. Sam Industries Ltd
13. Sanathnagar Enterprises Ltd
14. Seshasayee Paper and Boards Ltd
15. Simplex Mills Company Ltd

*Graded Surveillance Measure (GSM) - List of securities moving into their respective GSM Stages with effect from April 28, 2022*

1. Sarup Industries Ltd - Moved to GSM Stage 1
2. VCU Data Management Ltd - Moved to GSM Stage 1
3. H S India Ltd - Moved to GSM Stage 1
4. Parsharti Investment Ltd - Moved to GSM Stage 2
5. Genera Agri Corp Ltd - Moved to GSM Stage 2
6. Golden Carpets Ltd - Moved to GSM Stage 2

*CHANGE IN PRICE BAND with effect from Apr 28, 2022*

1. Zee Learn Ltd - 10%
2. Rita Finance and Leasing Ltd - 10%
3. Future Consumer Ltd - 10%
4. Stellar Capital Services Ltd - 10%
5. Advait Infratech Ltd - 10%
6. Poona Dal & Oil Industries Ltd - 10%
7. Khandwala Securities Ltd - 5%
8. Filatex Fashions Ltd - 5%
9. Raj Oil Mills Ltd - 5%
10. Navkar Corporation Ltd - 5%

*Mkt. Updates :*

*SGX Nifty -9 pts (17050) from last trade 17059 ,*

Nikkei +107 pts ,
Hangseng +172 pts ,
Now @6.53am .

Dow +61.75 pts ,Nsdq -1.81 pts, S&P
+8.76 pts , Bovespa +1136 pts , Ftse +39 pts , Dax +37 pts , Cac +30 pts , Crude @ $101.55 brl (-0.47), Brent @ $104.60 brl (-0.72) , Gold @ 1885.10(-3.60), Silver @ $23.34 (-0.12), Euro @ $1.0545, JPY @ $128.63,  INR @ 76.605


*US GOVT. 10-YEAR YIELD : 2.83%*


*Today's Corporate Action, 28 Apr Ex Date :*

DCMFINSERV
E.G.M.
HCLTECH
Interim Dividend - Rs. - 18.0000
KSB
Dividend - Rs. - 12.5000
MANINDS
Interim Dividend - Rs. - 2.0000
MOLDTKPAC
Interim Dividend - Rs. - 6.0000
PROFINC
Bonus issue 2:1
PROFINC
Stock  Split From Rs.10/- to Rs.1/-
STOVACQ
Dividend - Rs. - 57.0000
VESUVIUS
Dividend - Rs. - 8.0000


*Today's Key Results/Board Meetings, 28-Apr-22 :*

AMBUJACEM
Quarterly Results
ASHNI
General;Stock  Split
ATFL
Dividend;Final Dividend;Quarterly Results
AXISBANK
Audited Results;Final Dividend;General
BAJAJFINSV
Audited Results;Dividend
BAJAJHLDNG
Audited Results;Final Dividend
BIOCON
Audited Results;Dividend
BNL
Audited Results;General
CILSEC
Audited Results
COLPAL
Interim Dividend
COROMANDEL
Audited Results;Final Dividend
DATAMATICS
Audited Results;Final Dividend
EMBASSY
Audited Results;Dividend
ESSENTIA
Audited Results;Right Issue of Equity Shares;General
FCL
Audited Results;Final Dividend
GOKULAGRO
Audited Results;General
HUHTAMAKI
Quarterly Results
IIFL
Audited Results
INDIAMART
Audited Results;Final Dividend;Quarterly Results
INDORAMA
Audited Results
KIRLPNU
Audited Results;Final Dividend;Quarterly Results
LAURUSLABS
Audited Results;Interim Dividend
MAYUKH
Audited Results
MOSCHIP
Audited Results;Employees Stock Option Plan
MOTILALOFS
Audited Results;General
MPHASIS
Audited Results;Dividend
NBFOOT
Audited Results
NETLINK
Audited Results;General
OBCL
General
ORIRAIL
Audited Results;Dividend
PGHH
Quarterly Results
PNBHOUSING
Audited Results;Quarterly Results
PRANAVSP
Audited Results
SBILIFE
Audited Results
SHOPERSTOP
Audited Results;General
SHUKJEW
Audited Results
SRTRANSFIN
Audited Results;General
STLTECH
Audited Results;Final Dividend
TIMESGTY
Audited Results
VBL
Quarterly Results
VEDL
Audited Results;Interim Dividend
VIRAT
General
VSL
Increase in Authorised Capital
WARRENTEA
Audited Results


*SEC IN F&O BAN FOR, 28 April, 2022 :*

*NIL*

*ADDITION : NIL*
*DELETION : NIL*

*Business News Headlines*

*Economic Times :*

Ø LTI, Mindtree boards may meet next week to okay merger

Ø SBICAP ramps up resources to arrange overseas debt deals

Ø Bajaj Auto Q4 Results: Profit rises 10% to Rs 1,469 cr; firm declares dividend of Rs 140 per share

Ø LIC management on cutting IPO size, reducing valuation & LIC 3.0

Ø NTPC to raise Rs 1,500 crore via NCDs

Ø JSW steel to set up Rs 150-crore steel plant in South Kashmir; Apollo hospital to come up in Jammu

Ø India, EU look at connectivity projects in third countries

Ø Burman family of Dabur acquires 0.28% in Eveready Industries India Ltd

Ø Govt approves Rs 60,939 crore subsidy for P&K fertilisers for April-September

Ø New investment, manufacturing jumped in FY22: Goldman Sachs

Ø India needs to remove trade restrictions, reduce tariffs in South Asia, says World Bank

Ø HAL, Bharat Electronics sign deal to make indigenous search & track system for Su-30 MKI jets


*Business Standard :*

Ø LIC may list on May 17; IPO of right size, says Dipam Secy Tuhin Pandey

Ø Adani Enterprises incorporates wholly-owned arm for media related biz

Ø TVS Motor Co signs deal with Rapido to strengthen hyperlocal mobility biz

Ø Tata Group approaches CCI for merger between Air India and AirAsia India

Ø Govt hikes non-urea fertiliser subsidy to Rs 61,000 cr for 6 mths of FY23

Ø India buys more than double '21 total of Russian oil since war

Ø MG Motor India partners with BPCL to bolster EV charging infrastructure

Ø Maruti Suzuki joins hands with Indian Bank for car loans

Ø Indian Hotels turns in Rs 72 cr profit in Q4 against a loss last year

Ø Airtel buys 7% in cloud networking startup Cnergee Tech for undisclosed sum


*Financial Express :*

Ø EV fires harmful, but to not impact demand: Bajaj Auto ED

Ø Venture firm Bodhi Tree Systems to invest Rs 13,500 crore in Viacom18

Ø Tata Motors, Lithium Urban Technologies sign MoU for EV fleet deployment

Ø LIC fixes price band at Rs 902-949 a share for Rs 21,000 crore IPO

Ø Union Bank raises Rs 1,500 cr by issuing bonds

Ø Russia and India in talks to restart coking coal supplies

Ø Yes Bank files plea for insolvency proceedings against Zee Learn

Ø Maharashtra sugar mills submit bids to supply 111 crore litres of ethanol in current supply year

Ø Adani Power, Jindal Steel stocks likely to be added to MSCI indices in May, Reliance weightage to increase

Ø Sebi amends rules to simplify procedure for transmission of securities

Nifty is nearly at 17,100 during the last week of every month since the past 6 months

Nifty:
27th Nov, - 17,100
27th Dec- 17,100
27th Jan - 17,100
27th Feb- 17100
27th Mar- 17100
27th Apr- 17100
#nifty #alliesfin
#jhukega nahi saala

FIIS FIGS FOR: 28.04.2022
(+)704 INDEX FUTS
(-)12521 INDEX OPT
(+)2183 STOCK FUTS
(-)12 STOCK OPT

NET FIIS FNO FIGS
(-)9646

PROVISIONAL CASH FIGS
(+)743 FIIS
(+)781 DIIS

INDEX TODAY
BSE +701 (57521)
NSE +207 (17245)

*🔹Mkt. Updates :*

*SGX Nifty +51 pts (17305) from last trade 17254 ,*

Nikkei clsd ,
Hangseng -5 pts ,
Now @6.57am .

Dow +614.46 pts ,Nsdq +382.62 pts, S&P
+103.54 pts , Bovespa +569 pts , Ftse +83 pts , Dax +185 pts , Cac +62 pts , Crude @ $104.93 brl (-0.43), Brent @ $107.59 brl (-0.00) , Gold @ 1895.50 (+4.20), Silver @ $23.185 (+0.02), Euro @ $1.0499, JPY @ $130.80,  INR @ 76.665


*🔹US GOVT. 10-YEAR YIELD : 2.82%*


*Today's Corporate Action*
*29th Apr Ex Date*

AVROIND
E.G.M.
ELANTAS
Dividend - Rs. - 5.0000
SHAHALLOYS
E.G.M.
SHUKJEW
E.G.M.
SKRABUL
E.G.M.


*Today's Key Results/Board Meetings, 29-Apr-22 :*

ACTIVE
General
ADFFOODS
General
AGIOPAPER
Audited Results
ARNOLD
Increase in Authorised Capital;Preferential Issue of shares
AROGRANITE
Audited Results;Dividend
ASUTENT
Audited Results
B2BSOFT
Audited Results
BIGBLOC
Audited Results;Final Dividend;General
CANFINHOME
Audited Results;Final Dividend;General;Quarterly Results
CITADEL
Audited Results;Quarterly Results
COMFINCAP
Audited Results;General
DENORA
Audited Results;Dividend;General
DHPIND
General
EIMCOELECO
Audited Results;Dividend;General
ELANGO
Audited Results
FRONTCAP
Audited Results
GEOJITFSL
Audited Results;Final Dividend;General
GILLETTE
Quarterly Results
GNA
Audited Results;Dividend
GOKEX
Audited Results
HFCL
Audited Results;Quarterly Results
HRMNYCP
Audited Results
INDUSINDBK
Audited Results;Dividend
L&TFH
Audited Results;Final Dividend;General;Quarterly Results
LKPSEC
Audited Results;Final Dividend;Preferential Issue of shares
LLOYDSME
A.G.M.;Audited Results;General
LUHARUKA
Audited Results;General
MARUTI
Audited Results;Dividend
MORARKFI
A.G.M.;Audited Results;Dividend
MRP
Audited Results
NEH
Audited Results;General
RNBDENIMS
Audited Results;Quarterly Results
RPGLIFE
Audited Results
SBICARD
Audited Results
SECURKLOUD
Audited Results
SHRIRAMCIT
Audited Results;Final Dividend;General
SLSTLQ
General
SOLARA
Audited Results
SONATSOFTW
Audited Results;Final Dividend
STARHEALTH
Audited Results
SUPREMEIND
Audited Results;Final Dividend
SYSTMTXC
Audited Results;Dividend
TANLA
Audited Results;Final Dividend
TATACHEM
Audited Results
THYROCARE
Audited Results;Dividend;Employees Stock Option Plan
ULTRACEMCO
Audited Results;Final Dividend
VSSL
Audited Results;Final Dividend
WALCHPF
A.G.M.;Audited Results;Final Dividend;General;Quarterly Results
WIPRO
Audited Results;Quarterly Results
YASTF
Audited Results
ZENOTECH
Audited Results


*SEC. IN F&O BAN FOR, 29-Apr-22*

*NIL*


*Today's Alert :*

*RBI to Conduct Auction of GOI BONDS for INR 330 Billion*

Stocks in News




Axis Bank: The private sector lender registered a massive 54 percent year-on-year growth in standalone profit at Rs 4,118 crore, largely driven by significant fall in provisions and improved asset quality performance for the quarter ended March 2022. Net interest income grew by 16.7 percent year-on-year to Rs 8,819 crore with credit growth of 15 percent and deposits growth of 19 percent for March 2022 quarter.

IIFL Finance: The company clocked nearly 30 percent year-on-year growth in consolidated profit at Rs 321 crore on healthy growth in topline and operating profit. Revenue from operations during the quarter grew by 16 percent to Rs 1,856.2 crore compared to the year-ago period.

Fineotex Chemical: Profit after tax of the group has increased by 42 percent year-on-year to Rs 17 crore on strong topline and operating income. Revenue rose by 62 percent YoY to Rs 121.4 crore in the quarter ended March 2022, and operating EBITDA surged 67 percent to Rs 21.52 crore in the same period.

Ambuja Cements: Profit fell sharply by 30.3 percent year-on-year to Rs 856.5 crore due to higher power & fuel cost and muted topline growth in the quarter ended March 2022. Revenue increased by 2.4 percent to Rs 7,900 crore during the same period.

Vedanta: Billionaire Anil Agarwal-owned Vedanta reported a 5 percent year-on-year decline in consolidated profit at Rs 7,261 crore in the quarter ended March 2022, impacted by higher tax cost and expenses, supported by healthy topline and operating income. Revenue during the quarter grew by 41 percent YoY to Rs 39,342 crore and there was highest ever quarterly EBITDA at Rs 13,768 crore in Q4FY22 which increased by 51 percent YoY, driven by higher volumes, operational efficiencies and supportive commodity prices. The company announced first interim dividend of Rs 31.5 per share for the financial year 2022-23.

Sterlite Technologies: The company in a BSE filing said the board has approved raising of funds up to Rs 1,000 crore.

Tata Power Company: The company has collaborated with National Real Estate Development Council to install 5,000 electric vehicle charging points across Maharashtra.

*Business News Headlines*

*Economic Times :*

Ø Sansera Engineering set to bag $400-500 million order from US car maker

Ø NSE-BSE bulk deals: Dolly Khanna buys 10 lakh shares of Chennai Petroleum Corp

Ø BofA Securities downgrades Airtel to `neutral' on near-term headwinds

Ø NBFCs seek priority tag extension for agri, MSME on-lending

Ø Edible oil industry writes to govt seeking lower import duty on canola oil

Ø JK Tyre plans to reduce 65 per cent raw water usage by 2025

Ø Toyota Kirloskar Motor reaches 20 lakh units cumulative wholesales milestone

Ø Burman family of Dabur acquires 0.28% in Eveready Industries India Ltd

Ø Third Covid wave, inflationary pressure and high prices drags gold demand

Ø Unilever warns of more price hikes as cost pressures build

Ø India needs to remove trade restrictions, reduce tariffs in South Asia, says World Bank

Ø Vedanta seeks free land, cheap water, power in race to be India's first chipmaker


*Business Standard :*

Ø India to launch open e-commerce network to take on Amazon, Walmart

Ø Life Insurance Corporation to join league of top global insurance firms

Ø Realty firm Embassy REIT's net profit up fivefold at Rs 280 cr in Q4

Ø Biocon Q4 consolidated net profit declines by 4% to Rs 283 crore

Ø Govt hikes non-urea fertiliser subsidy to Rs 61,000 cr for 6 mths of FY23

Ø India buys more than double '21 total of Russian oil since war

Ø Damani eyes partners for Ambuja Cements buy; may invest up to Rs 10,000 cr

Ø IndiGo pilots under scanner for using expletives on radio during flight

Ø Indian Hotels turns in Rs 72 cr profit in Q4 against a loss last year

Ø India braces for sharp rise in edible oil rates, but spike could be short


*Financial Express :*

Ø Capital utilisation likely to dip in near-term, may pick up to 75% by end of 2022, ICRA says

Ø Venture firm Bodhi Tree Systems to invest Rs 13,500 crore in Viacom18

Ø Govt hikes nutrient-based fertiliser subsidy for Kharif season

Ø LIC fixes price band at Rs 902-949 a share for Rs 21,000 crore IPO

Ø Union Bank raises Rs 1,500 cr by issuing bonds

Ø Russia and India in talks to restart coking coal supplies

Ø Maharashtra sugar mills submit bids to supply 111 crore litres of ethanol in current supply year

Ø Adani Power, Jindal Steel stocks likely to be added to MSCI indices in May, Reliance weightage to increase

*🌹India Daybook – Stocks in News*


*Tata Power:* Company signs MoU with realty body for EV charging in Maharashtra (Positive)

*Chennai Petroleum:* Ace investor Dolly Khanna bought 10 lakh shares in the company via open market transactions. (Positive)

*Fineotex Chemical:* Profit has jumped by 42 percent to Rs 17 crore YoY. (Positive)

*Telecom stocks:* Meeting today on 5G tomorrow in Telecom Ministry. Digital Communications Commission (Positive)

*Jindal Poly:* The company's subsidiary will acquire a 100 percent stake in SMI Coated Products which is engaged in the manufacturing of pressure sensitive label stocks. (Positive)

*Tata Power Co:* In Accord With NAREDCO for 5,000 EV Charging Points. (Positive)

*Vedanta:* Doles Out $1.5 Billion Dividend in Relief for Parent. Dividend 31.50 rupees/share (Positive)

*Shriram Transport:* 4Q Net Income +44% Y/y to 10.9b rupees Est. 9.13b; Revenue +13% y/y to 50.8b (Positive)

*SBI Life Insurance:* 4Q Net Income +26% Y/y to 6.72b Rupees, estimate 5.79b (Positive)

*Coal India:* Passenger Trains in India Make Way for Coal to Stop Power Crisis (Positive)

*Sterlite Tech:* Board has approved raising of funds up to Rs 1,000 crore. (Neutral)

*Axis Bank:* 4Q Net Income +54% Y/y to 41.2b rupees. Privisions -26% q/q to 9.87b; Gross NPA 2.82% vs. 3.17% q/q (Neutral)

*IIFL Finance:* The company clocked nearly 30 percent year-on-year growth in consolidated profit at Rs 321 crore (Neutral)

*Ambuja Cements:* Profit fell by 30.3 percent to Rs 856.5 crore YoY, Revenue +8.4% Y/y to 39.25b. (Neutral)

*Biocon:* 4Q Net income 2.39 billion rupees, -7% y/y, estimate 2.37 billion rupees (Neutral)

*IndiaMart:* 4Q Net Income +3.1% Y/y to 574m rupees, +3.1% y/y, Misses est. 721m (Neutral)

*PNB Housing:* 4Q Net Income +31% Y/y to 1.7 billion rupees, Revenue -22% y/y to 14.4b (Neutral)

*Vedanta:* 4Q Net Income -10% Y/y to 58b rupees, Misses est. 62.43b; Revenue +41% Y/y to 393.4b (Neutral)

*Power Stocks:* CERC will lower the ceiling of electricity price in term ahead market of Power exchanges. (Neutral)

*Shoppers Stop:* 4Q Net Loss 158.5M Rupees; Revenue +5% y/y to 7.13b (Negative)

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 29-04-2022 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET BUY : +11,050* 😀😀

*INDEX FUT. : +441*

*INDEX OPT. : +11,271*

*STOCK FUT. : -358*

*STOCK OPT. : -304*


*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 29-APR-22 : (Rs. CRS )*

*FIIS : SELL -3,648 (9,264-12,912)* 😢

*DIIS : BUY +3,490 (8,426-4,936)* 😀

*BSE SENSEX : -460 (57,061)🔽*

*NSE NIFTY : -142 (17,102)*🔽

*BSE MIDCAP. : -199 (24,418)*🔽

*BSE SMLCAP. : -166 (28,612)*🔽

*B. CRUDE : $ 109.48 (5pm)* 🔼 😭😭

*GOLD: $1916=INR 52710(10gr)(5pm)*🔼😊

*SILVER :* *RS. 64,500 (kg) (5pm) 🔼 🙂*

*FOREX : RS. : $ 76.4250* 🔼 🙂

*6.54% GOI '32 : 7.1401%(95.8350)* 🔽 🙂

*6.10% GOI '31 : 7.1779% (92.8225)* 🔽 😳

*6.67% GOI '35 : 7.3255% (94.40)* 🔽 🙂

NIFTY THIS WEEK
#alliesfin
Monday -200
Tuesday + 200
Wednesday -200
Thursday + 200
Friday -200

🤩

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