*Business News Headlines*

*Economic Times :*

Ø Excited to build upon our long history in India, says Tim Cook

Ø M&M recast top mgt roles of Auto biz, readies for electric play

Ø Passive funds’ AUM grows 34% 
in FY23, nears ₹7­ lakh crore

Ø Adani Ports’ acquisition spree
continues in the East coast

Ø Slowing merchandise exports may temper India growth story

Ø Two-wheel rides saddle up: Growth recovery, valuations to kick-start gains

Ø Merck to buy Prometheus for nearly $11 bn


*Business Standard :*

Ø Cube, KKR vie for $1-bn Macquarie road assets

Ø Safe harbour for social media
firms may become narrower

Ø Rising mercury powers electricity demand to April record of 202 Gw

Ø SBI approaches SC for clarity on personal hearing for defaulters

Ø HDFC Bank looks to go on with branch-opening spree in FY24

Ø Now, Musk enters AI race, plans company to rival OpenAI

Ø Sudan army, paramilitary clashes kill 59 civilians, including Indian


*Financial Express :*

Ø Govt plans to pre-pay off budget bonds

Ø Top firma see 20-25% sales growth this summer

Ø Godrej Prop sees ₹32k-cr sales potential

Ø Drone firms eye scale, quality in race to skies

Ø Tech braces for bear assault as shorts build up on poor Q4

Ø Inflation data, global trends to
guide equity markets this week

Ø FPIs stock up ₹8.7k cr in April


*Mint :*

Ø G20 may agree on defining startups

Ø Govt aims 45 km of roads a day in FY24

Ø HDFC Bank’s operating costs
surge even as profit rises 20%

Ø Apple says App Store payment to developers tripled since 2018

Ø Normal rains to lift rural demand for FMCG firms

Ø IMAX, 4DX struggle for content to keep screens running in India

Ø Fuel that powers the global economy flashes recession signs


*Business Line :*

Ø Apple’s developer ecosystem 
in India creates 1 million jobs   
 
Ø Foxconn, Wistron among first to meet mobile PLI targets for FY23   

Ø Ban diesel 4­wheelers in cities
with million­plus population: ETAC

Ø Govt strengthens air connectivity,  infrastructure close to LAC 

Ø Mudra Yojana pushing India  towards more ‘inclusive’  entrepreneurship 

ØCentre mulls stringent measures to stop misreporting of iron ore  grades 

"Laziness may appear attractive,
but work gives satisfaction."

Axiit D Shah

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 17-04-2023 :*

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

*TOTAL NET BUY : +1194* 😄

*INDEX FUT. : -747*

*INDEX OPT. : +2533*

*STOCK FUT. : -662*

*STOCK OPT. : +70*

*SEC. IN F&O BAN FOR, 18 APR, 2023 :*

*1. DELTACORP 2. BALRAMCHIN*

*ADDITION : NIL*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 17-APR-2023 :*

*FIIS : SELL -534 (13,386-13,920)* 😔

*DIIS : BUY +269 (8,329-8,060)* 🙂

*BSE SENSEX : -520 (59,911)🔽*

*NSE NIFTY : -121 (17,707)*🔽

*BSE MIDCAP. : +138 (24,858)*🔼

*BSE SMLCAP. : +37 (28,186)*🔼

*B. CRUDE : $ 84.68* 🔽 😊

*GOLD: $1991=INR 60,500(10gr)* 🔽 😢

*SILVER : RS. 78,750 (kg) (5pm)* 🔼 🙂

*FOREX : RS. $ 81.9725* 🔽 😔

*7.26% GOI '32 : 7.2475%(100.07)* 🔼😔

*7.41% GOI '36 : 7.3555% (100.45)* 🔼😔

*7.26% GOI NEW '33: 7.2304%(100.19)*🔼😔

*🌹India Daybook – Stocks in News*

*Goa Carbon:* Company resumes operations at Bilaspur Unit (Positive)

*Jubilant FoodWorks:* Coca-Cola India buys 15% in Hashtag Loyalty (Thrive) (Positive)

*Vedanta:* Company has signed agreements with 20 Korean companies from the display glass industry for the development of an electronics manufacturing hub in India (Positive)

*Dixon:* PLI for smartphone manufacturing: Foxconn, Wistron, Dixon lead the pack (Positive)

*Maruti:* Passenger vehicle exports from India rise 15 pc in FY23 (Positive)

*Tata Power and NTPC:* Inks pact with for hydro power supply (Positive)

*Adani Total:* Dhamra LNG terminal to start commercial operations at May-end (Positive)

*EIL:* Company secures business worth Rs 4,500 crore in 2022-23, a 165% jump (Positive)

*Godrej Ind:* Godrej Capital launches NIRMAAN, a digital platform to help MSMEs grow their businesses (Positive)

*Healthcare stocks:* India drew 1.4 million medical tourists in past one year, says minister. (Positive)

*Kolte-Patil:* Company to allot debentures worth Rs 206.50 crore to Japan’s Marubeni Corporation (Positive)

*SBI Cards:* Company appoints Shantanu Srivastava as Chief Risk Officer (Neutral)

*Bank of Maharashtra:* Bank hikes lending rates by 10 bps across tenures (Neutral)

*Quick Heal:* Navin Sharma resigns as CFO of Quick Heal, Board appoints Ankit Maheshwari as replacement (Neutral)

*Zee Ent:* OFI Global China Fund sells 4.9 cr shares at Rs 204/sh worth Rs 999.60 cr (Neutral)

*Subex:* MD & CEO Vinod Kumar Padmanabhan requests for an early retirement. (Neutral)

*Poonawalla Fincorp:* High networth individual Sanjay Chamria has sold 83 lakh equity shares or 1.08 percent stake. (Neutral)

*Muthoot/Dhampur:* Shares of Muthoot Finance and Dhampur Sugar Mills will be in focus today as the companies will trade ex-dividend (Neutral)

*SBIN:* Board will meet today to consider a fundraising proposal of up to $2 billion (Neutral)

*Hathway Cable:* Loss of Rs 14.62 cr vs profit of Rs 28.35 cr, Revenue up 2.5% at Rs 459.6 cr vs Rs 448.6 cr (YoY)

*Network 18:* Net loss of Rs 36.8 cr Vs profit of Rs 61.9 cr (YoY) , Revenue down 8.5% at Rs 1483.0 cr vs Rs 1621.0 cr (YoY)

*GTPL Hathway:* Net profit down 75.5% at Rs 35.2 cr Vs Rs 144 cr (YoY), Revenue down 6.0% at Rs 1405.9 cr vs Rs 1496.2 cr (YoY)

*Quick Heal:* Revenue Down 52.5% at Rs 49.3 Cr Vs Rs 103.7 Cr, Loss of Rs 6.6 Cr Vs Profit of Rs 28 Cr

*Today's Headlines - 18 April 2023*

*Economic Times :*

Insurers seek sops to cover specially abled
76 big infra projects worth Rs 5.14 lakh cr evaluated under PM Gati Shakti in past 1 year

Bank of Maharashtra hikes lending rates

Indian Railways posts 25 pc growth in revenues for FY23

Q4 results: Angel One profit rises 31% YoY to Rs 267 cr; TV18 Broadcast's net tanks 76%

Hathway Cable & Datacom Q4 Results: Firm posts net loss at Rs 14.61 crore

India's share in global computer services exports jumps to 11% in FY23: Analysis

WPI inflation eases to 29-month low of 1.34% in March

Private equity and venture capital funds' investments decline 4 pc to USD 5.3 billion in March

Tata Power discom arm signs 200-MW hydro power pact with NVVN

EIL secures business worth Rs 4,500 crore in 2022-23, a 165% jump

Cement demand seen rising 8-9 pc in FY24 over 9 pc growth in FY23


*Business Standard :*

Railways dials Reliance Jio, Bharti Airtel for 1.1 million connections

NCLT approves AM Mining resolution plan for Indian Steel Corporation

Mahindra Finance to raise upto Rs 8,000 crore through debentures in FY24

SME loan defaults to rise for NBFCs in the coming quarters: Moody's

MPLADS: Rs 1,500 crore remains non-disbursed in FY23, shows govt data

Air India revamps pay structure of pilots, crew; announces reward, bonus

RBI accepts Rs 5,500-cr bids at switch and conversion auction of govt bonds

Invesco sells 5.11% stake in Entertainment Enterprises for Rs 1,004 crore

Udaan forms strategy to strengthen its staples business across Bharat

Godrej Capital aims to double its loan book to Rs 12,000 cr in FY24

Self-testing could hide real Covid numbers; kit sales up 15% in Apr: Report


*Financial Express :*

Vedanta signs MoUs with 20 Korean companies

Mitsubishi to build $222-mn AC factory at Mahindra’s Chennai industrial park

Taiwan footwear maker Pou Chen to set up plant in Tamil Nadu

Russia to intensify FTA talks with India

Rice exports cross record $11 bn in FY23

Rupee falls 25 paise to close at 82.10 against US dollar


*Mint :*

Ernst & Young to cut 3,000 jobs in US

Taiwan to buy 400 US anti-ship missiles intended to repel a China invasion

Japanese gaming giant Sega to acquire Angry Birds maker Rovio in $776 mn deal

Adani repays $3 bn in pledges, bonds

Bank of Baroda, ICICI Bank to consider fundraising plans this week

Coca-Cola acquires 15% stake in food-tech platform Thrive

PwC India announces Rs600 crore investments in manpower

OFI Global China Fund sells entire stake in ZEEL for ₹1,004 cr via block deal

Emerging markets fii equity flows.

Telegram @AlliesFin

Open telegram link for full data.

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 18-04-2023 :

FIIS F & O : RS. CRS. :

*TOTAL NET BUY : +4859* 😄

*INDEX FUT. : +71*

*INDEX OPT. : +4742*

*STOCK FUT. : -187*

*STOCK OPT. : +233*

*SEC. IN F&O BAN FOR, 19 APR, 2023 :*

*1. DELTACORP 2. BALRAMCHIN*

*ADDITION : NIL*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 18-APR-2023 :*

*FIIS : SELL -810 (7,398-8,208)* 😩

*DIIS : BUY +402 (6,491-6,089)* 🙂

*BSE SENSEX : -184 (59,727)🔽*

*NSE NIFTY : -47 (17,660)*🔽

*BSE MIDCAP. : +129 (24,987)*🔼

*BSE SMLCAP. : +61 (28,247)*🔼

*B. CRUDE : $ 84.25* 🔽 🙂

*GOLD: $2008=INR 60,800(10gr)* 🔼 🙂

*SILVER : RS. 77,700 (kg) (5pm)* 🔽 😢

*FOREX : RS. $ 82.04* 🔼 🙂

*7.26% GOI '32 : 7.2207%(100.25)* 🔽🙂

*7.41% GOI '36 : 7.3307% (100.6625)* 🔽😊

*7.26% GOI NEW '33: 7.1966%(100.4250)*🔽😊

*SGX Nifty -9 pts (17700) from last trade 17709 ,*


Nikkei -114 pts ,
Hangseng -144 pts ,
Around @ 7.10am .



Dow -10.55 pts ,Nsdq -4.31 pts, S&P +3.55 pts , Bovespa +147 pts , Ftse +29 pts , Dax +93 pts , Cac +35 pts , Crude @ $80.97 brl (+0.11), Brent @ $84.89 brl (+0.12) , Gold @ 2018.10 (-1.60), Silver @ $25.33 (+0.06), Euro @ $1.0975, JPY @ $134.07, INR @ 82.085




*Today's Corporate Action*
*19th Apr Ex Date*



None



*Today's Board Meetings*
*19-Apr-23*



ALOKTEXT
Audited Results            
ARTSONEN
Audited Results;Quarterly Results        
BASML
General              
BENARAS
General;Audited Results;Quarterly Results;Final Dividend    
CITADEL
Audited Results            
CSL
Issue Of Warrants            
DARSHANORNA
General              
DRA
General              
GUJHOTE
Audited Results;Final Dividend          
ISEC
Audited Results;Final Dividend          
MASTEK
Audited Results;Final Dividend          
MEHAI
General;Rights Issue;Increase in Authorised Capital      
STDSHOE
General              
TATACOMM
Audited Results;Final Dividend



*Stock under F&O ban on NSE*
*19-Apr-23*


1 BALRAMCHIN

2 DELTACORP

India Daybook – Stocks in News

*Zydus Lifesciences:* Company gets final approval from the US FDA to market Estradiol Transdermal System (Positive)

*NTPC:* Company and Chempolis India have signed a MoU to explore the feasibility of setting up a bamboo-based bio-refinery in Assam's Bongaigaon. (Positive)

*Jindal Stainless:* re-appoints Abhyuday Jindal as MD for 5 years, approves special interim dividend (Positive)

*Prestige Estates:* Company’s arm acquires 51% in Dashanya Tech for Rs 66 Cr (Positive)

*Tata Steel:* Company in talks to raise up to $400 million in offshore green loan (Positive)

*Tata Motors:* Company will launch the new Tata Altroz CNG (Positive)

*Piramal Pharma:* USFDA issued Emergency Inspection Report (EIR) for the manufacturing facility located at Sellersville, USA (Positive)

*Pidilite:* Entered into an agreement with USA's Basic Adhesives to purchase certain assets (Positive)

*Avalon Technologies:* Goldman Sachs bought shares worth Rs 32.63 crore in Avalon Technologies (Positive)

*Lyka Labs:* Company considered the issue of 2.4 mn shares upon conversion of warrants to IPCA Laboratories (Positive)

*Bank of India:* Board approves raising up to Rs 6,500 crore in FY24 (Neutral)

*SBI:* Board gives nod to raise $2 billion via long-term debt (Neutral)

*ICICI GI:* Net profit at Rs 437 cr Vs poll of Rs 377 cr, Net Earned Premium at Rs 3,726 cr Vs poll of Rs 4,011 cr (Neutral)

*Tata Coffee:* Net profit up 19.7 % at Rs 48.8 cr Vs Rs 41 cr, Revenue up 10.2% at Rs 723 cr Vs Rs 656.3 cr (YoY) (Neutral)

*Mahindra and Mahindra:* Company says that 20-30% of the company's passenger vehicles will be electric by 2027 (Neutral)

*Federal Bank:* ICICI Prudential MF stake in Bank to 2.05% from 2.99% stake. (Neutral)

*Oil upstream stocks:* Windfall Tax on Crude has been increased to ₹6,400/tonne from NIL

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 19-04-2023 :

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

*TOTAL NET SELL : -2012* 😢

*INDEX FUT. : -292*

*INDEX OPT. : -1101*

*STOCK FUT. : -867*

*STOCK OPT. : +249*

*SEC. IN F&O BAN FOR, 20 APR, 2023 :*

*NIL*

*ADDITION : NIL*
*DELETION : DELTACORP, BALRAMCHIN*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 19-APR-2023 :*

*FIIS : SELL -13 (7,982-7,995)* 😳

*DIIS : SELL -110 (5,298-5,408)* 😔

*BSE SENSEX : -159 (59,568)🔽*

*NSE NIFTY : -41 (17,619)*🔽

*BSE MIDCAP. : -45 (24,942)*🔼

*BSE SMLCAP. : +34 (28,281)*🔼

*B. CRUDE : $ 83.59* 🔽 🙂

*GOLD: $195=INR 60,400(10gr)* 🔽 😩

*SILVER : RS. 77,900 (kg) (5pm)* 🔼 🙂

*FOREX : RS. $ 82.2250* 🔽 😔

*7.26% GOI '32 : 7.2251%(100.22)* 🔼😔

*7.41% GOI '36 : 7.3322% (100.65)* ↔️😳

*7.26% GOI NEW '33: 7.2016%(100.39)*🔼😔

प्रणाम,

Low Financial Literacy + Greed to become Rich fast + Covid + Search for “Over Simplicity” = Financial Influencers + Young Start Up entrepreneurs = Disaster

I cant comment on their “Technical, Financial or Business Skills “ but yes they have “the gift of the gab” . Many of them are graduates of Top Schools and have worked with big Consulting or Advisory Firms.

Finance By Sharan’s , Sharan Hegde promoted a platform Hedonova . This platform was promoted by Anuraag Bhatia , founder of Banglore based wealth management startup Minance. Anuraag Bhatia was banned by SEBI multiple allegations of fraud . He was agin picked by EOW of Mumbai Police. When Sharan came to know this he just apologized on linkedin but then people lost money .

Akshat Shrivastava , MBA Chaiwala - Prafull Billore and Ankur Warikoo promoted Vauld – Crypto Lending Money – . Ankur Warikoo said in one of his video that there is no RISK in this platform and the returns can be as high as 14% guranteed .However, about $402 million of 8 lakhs people gets stuck and that Ankur Warikoo said that he was given about Rs.4,47,000 to promote the platform but then he said I was not having any information about it .

We also have the example of MBA Chaiwala - Prafull Billore who is having many Fraud cases filed against him . He used to take Rs. 25 to 30 lakh as franchise fee to start a “चाय की टपरी” , what a joke. He used to say that the daily “Revenue” will be min Rs.10,000 and the actual revenue of the franchise was Rs.700 to Rs.1000 per day. There are many such examples.

I have always been skeptical about all these things .And people always tell me सर आप तो बहुत Negative हो, ये नया ज़माना है , This is “Generation Zee” .

But I tell them only one thing that ज़माना कोई भी हो we humans required oxygen for living in past , it is required in present and will be required in future also . In the same way, profit is also required for Survival of Business in past, present and future .धंधा महेनत से होता है सिर्फ अच्छा दिखने से या अच्छा बोलने से नहीं .

May there be an end of Revenue Driven Valuations.

I have no issues if people teach “Finance” but I have serious issues when people advice on finance without taking any responsibility. Dear all please understand that “Rocket Science” will always be difficult to Shah , unless Shah become a “Rocket Scientist” by seriously studying the subject and working as an intern under a master hand.

So, the old saying still holds true – Caveat Emptor

#entrepreneur #startups #finfluencers #Fraud #valuations #wealthmanagement #finance #business #startup #entrepreneur #money

*SGX Nifty +40 pts (17685) from last trade 17645 ,*


Nikkei +27 pts ,
Hangseng +26 pts ,
Now @7.16am .


Dow -79.62 pts ,Nsdq +3.81 pts, S&P -0.35 pts , Bovespa -2250 pts , Ftse -10 pts , Dax +12 pts , Cac +15 pts , Crude @ $78.88 brl (-0.28), Brent @ $83.12 brl (+0.00) , Gold @ 2005.80 (-1.50), Silver @ $25.34 (-0.03), Euro @ $1.0949, JPY @ $134.75, INR @ 82.315




*Today's Corporate Action*
*20th Apr Ex Date*



CORNE
E.G.M.     
DREDGECORP
E.G.M.     
FISCHER
E.G.M.     
GLOBALCA
Bonus issue 6:10  
GLOBALCA
Stock  Split From Rs.10/- to Rs.1/-
HUHTAMAKI
Dividend - Rs. - 2.0000
THYROCARE
Interim Dividend - Rs. - 18.0000



*Today's Board Meetings*
*20-Apr-23*




AMAL
Audited Results            
BTML
General;Audited Results;Quarterly Results;Final Dividend    
CYIENT
Quarterly Results            
FAMILYCARE
General;Bonus issue            
GENNEX
General              
GREENPOWER
Audited Results            
HCLTECH
Audited Results;Interim Dividend        
ICICIPRULI
Audited Results            
IONEXCHANG
Stock  Split            
ITHL
Audited Results;Final Dividend          
KRRAIL
Bonus issue;Increase in Authorised Capital   
ORIENTHOT
Audited Results;Dividend     
RAJNISH
General;Audited Results;Quarterly Results 
TTKHEALTH
Voluntary Delisting of Shares  



*Stock under F&O ban on NSE*
*20-Apr-23*


None

*India Daybook – Stocks in News*

*Equitas SFB:* RBI grant Equitas SFB Authorized Dealer Category-I (Ad-I) licence to deal in Foreign Exchange (Positive)

*Tata Motors:* JLR plans to invest 15 billion pounds over 5 years for EV drive. (Positive)

*Shakti Pumps:* Company gets pending $1 m for a project from EXIM Bank on behalf of Uganda Govt (Positive)

*Prestige Estates:* Quarterly sales surge to Rs 3,889 crore; collections soar by 12% (Positive)

*Zydus Lifesciences:* Company gets USFDA nod to manufacture generic anti-inflammatory drug (Positive)

*Mastek:* Profit up 13.1% at Rs 72.6 cr Vs Rs 64 cr, Revenue up 7.7% at Rs 709.2 cr Vs Rs 658.7 cr (QoQ) (Positive)

*Taylormade Renewables:* Company gets Letter of Intent for an order worth Rs 145 crore (Positive)

*UltraTech Cement:* Commissions 2.2 MTPA cement grinding unit in Bihar (Positive)

*NBCC:* Company gets project worth Rs 208 crore from PWD Puducherry (Positive)

*Bombay Burmah:* Company to sell 3 tea estates in Tanzania for $1.2 million (Positive)

*Tech M:* SoftTech, Tech Mahindra jointly secures a deal to deliver technology service for a Finnish company (Positive)

*IndusInd Bank:* Signs $100 million loan agreement with JBIC to provide credit facilities to Japanese OEMs in India (Positive)

*Cable Stocks:* NHAI to lay down 10,000 Km of optic fibre cable infrastructure across India by FY25 (Positive)

*TTK Healthcare:* To Consider Proposal for Voluntary Delisting of the Equity Shares (Positive)

*Tata Comm:* Profit down 10.7% at Rs 326 cr Vs Rs 365 Cr, Rev up 7.2% at Rs 4,568.7 cr Vs Rs 4,263 cr (YoY) (Neutral)

*Bank of Maharashtra:* To consider fundraising of up to Rs 7,500 cr via QIP for FY24 on April 24 (Neutral)

*ION Exchange:* To Consider Splitting Its Existing Shares (Neutral)

*Adani Ports:* The company on April 22 will consider first and a partial buyback of its debt securities (Neutral)

KECL Uff KIRLOSKAR ELECTRIC COMPANY LIMITED READY FOR NEXT LEVEL.

CLOSING ABV 90 FOR FEW DAYS WILL TRIGGER THE MARCH.

@A1GURUKULAM

LIKE SHARE AND SUPPORT SMALL TRADERS N INVESTORS. 😊

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 20-04-2023 :*

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

*TOTAL NET SELL : -6586* 😭

*INDEX FUT. : +475*

*INDEX OPT. : -8131*

*STOCK FUT. : +913*

*STOCK OPT. : +157*

*SEC. IN F&O BAN FOR, 21 APR, 2023 :*

*NIL*

*ADDITION : NIL*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 20-APR-2023 :*

*FIIS : SELL -1,169 (5,774-6,943)* 😢

*DIIS : BUY +832 (4,753-3,920)* 😊

*BSE SENSEX : +64 (59,632)🔼*

*NSE NIFTY : +05 (17,624)*🔼

*BSE MIDCAP. : -07 (24,935)*🔽

*BSE SMLCAP. : +29 (28,310)*🔼

*B. CRUDE : $ 81.15* 🔽 😄

*GOLD: $2002=INR 60,550(10gr)* 🔼 🙂

*SILVER : RS. 77,700 (kg) (5pm)* 🔽 😔

*FOREX : RS. $ 82.1475* 🔼 🙂

*7.26% GOI '32 : 7.2206%(100.25)* 🔽🙂

*7.41% GOI '36 : 7.32520% (100.71)* 🔽🙂

*7.26% GOI NEW '33: 7.2001%(100.340)*↔️🙂

Life gives the
Hardest Battles
to the
Strongest Soldiers.
Axit D Shah

SGX Nifty +31 pts (17686) from last trade 17655 ,


Nikkei +11 pts ,
Hangseng -62 pts ,

Dow -110.39 pts ,Nsdq -97.67 pts, S&P -24.73 pts , Bovespa +453 pts , Ftse +3 pts , Dax -99 pts , Cac -10 pts , Crude @ $77.29 brl (-0.00), Brent @ $81.10 brl (+0.00) , Gold @ 2015.80 (-3.30), Silver @ $25.335 (-0.03), Euro @ $1.0966, JPY @ $134.13, INR @ 82.125



Today's Corporate Action
21st Apr Ex Date



EIDPARRY
Interim Dividend - Rs. - 4.0000
GSCLCEMENT
Amalgamation
JETINFRA
Bonus issue 1:1
KAARYAFSL
E.G.M.
MOLDTEK
Interim Dividend - Rs. - 2.0000
MOLDTKPAC
Interim Dividend - Rs. - 4.0000
NESTLEIND
Final Dividend - Rs. - 75.0000
NESTLEIND
Interim Dividend - Rs. - 27.0000
PRERINFRA
Right Issue of Equity Shares
SURFUNC
E.G.M.
TIPSINDLTD
Stock Split From Rs.10/- to Rs.1/-


Today's Board Meetings
21-Apr-23



BIRLAMONEY
Audited Results
LWSKNIT
General
TANFACIND
Audited Results
TEJASNET
Audited Results;Quarterly Results
WENDT
Audited Results;Final Dividend


Stock under F&O ban on NSE
21-Apr-23


None

10 Yr #Bond #Yield 7.22
#NIFTY 50 P/E 20.61
NIFTY 50 P/B 4.13
NIFTY 50 #Div yield 1.42
#ALLIESFIN
#BANK NIFTY P/B: 2.74
#STOCKMARKET
#S&P #BSE #Sensex P/E 22.46
S&P BSE Sensex P/B 3.26
S&P BSE Sensex Div yield 1.26

News Headline from Leading Financial News Papers,
Friday, 21 April, 2023


• 'Digital gold demand likely to go up on Akshaya Tritiya

• Post-pandemic binge: Alcohol imports jump 54% in April-January

• Kotak Mahindra wins case to liquidate ARSS Infrastructure Projects Ltd even as 76% of lenders approved it

• ICICI Pru Life reports 27.2% rise in Q4 net profit

• Sebi penalises two former auditors of CG Power

• HCL Tech’s deal pipeline affirms sustained long term momentum

•'Reliance may be a bigger threat to D2C FMCG brands: Kantar

• SBI looks to raise $500 million via dollar bonds

• Max frontrunner to acquire Care Hospitals from TPG

• RBI may hold rates again in June; monsoon, crude key

• WTO ruling on Indian duty, if upheld, could hit local production of mobiles

• Anil Agarwal-led Vedanta puts Hindustan Zinc stake on the line to raise Rs 1,500 crore in loans

• RBI cracks the whip on banks, companies over past reporting lapses

• UltraTech Cement share price gains on capacity expansion

• NBCC shares rise on bagging Rs 207-crore order from Puducherry PWD

• ITC becomes 11th Indian firm to cross Rs 5-trillion market value

• Smallcap IT firm Mastek zooms on strong Q4 show driven by UK deals

• JSPL shares rise on hopes of steel demand from China, lower coking coal prices

• Shakti Pumps rises on getting $1 million due from Uganda project

• NTPC to commission 3.5 GW of capacity by 2030

• Mid and small cap shares show promising signs of recovery

• Top 5 QSR players to spend Rs 5,800 crore by FY25 to expand business: ICRA

• A flat yield curve does not bode well for bank margins

• TTK Healthcare falls 4% as board approves voluntary delisting of shares

• Emkay Global rallies 20% after Sebi's in-principle approval for mutual fund business

• Tata Communications gains 3% on robust data services despite operating margin shrink

• Metro Brands surges 6%, experts say next target Rs 900

•RIL may record 17% growth in Q4 operating profit, single-digit rise in topline, bottomline

• Telecom Q4 Preview | Flat quarter expected due to muted revenue, high 5G rollout costs

• Performative obeisance, collective exercise in futility: SEBI on CARE Ratings' independence under former MD

•Hotels on a swing with 19,000 signings last year and over 7,000 lined up for 2023: Report

•Sapphire Foods India: Better store sales growth makes re-rating a meaty affair

•After Pathaan, theatres count on Salman Khan's Eid release to drive footfalls

•Amazon to expand in business supplies after pandemic boosts sales in Europe

•Reliance Industrial Infra posts 983% jump in Q4 net profit at Rs 11.54 crore; declares dividend

• Wipro Consumer to buy Kerala based spice and food brand Brahmins