A lot of people have been asking for recommendations on what to watch during the #lockdown.…
I strongly recommend that you watch your #WeiGhT.…
#health #wealth #happiness
By: via @AlliesFin Serve Stock Market
Friday 30 April 2021
@AlliesFin Serve Stock Market's Post
@AlliesFin9
MAHARASHTRA CM UDDHAV THACKERAY: SAYS THERE IS NO NEED FOR A MORE STRICT LOCKDOWN IN THE STATE, PEOPLE ARE FOLLOWING THE RESTRICTIONS
MAHARASHTRA CM UDDHAV THACKERAY: SAYS SPEAKING TO SERUM INSTITUTE INDIA AND BHARAT BIOTECH. STATE WILL GET 18 LAKH DOSES IN MAY
MAHARASHTRA CM UDDHAV THACKERAY: SAYS THE HEALTH MACHINERY AND EQUIPMENT ARE UNDER TREMENDOUS STRESS SINCE LAST MARCH. THERE ARE FIRE AND OXYGEN LEAKAGE. HEALTH WARRIORS GET DEPRESSED DUE TO THESE INCIDENTS
MAHARASHTRA CM UDDHAV THACKERAY: SAYS SETTING UP JUMBO CARE CENTRES IN THE VICINITY OF STEEL AND POWER GENERATION PLANTS TO GET EASY OXYGEN SUPPLY
MAHARASHTRA CM: SAYS MET DIVISIONAL COMMISSIONERS & COLLECTORS TO SET UP OXYGEN GENERATION PLANTS. TENDERS ISSUED. ESTABLISHMENT OF PLANT NEED 20DAYS AND FOR COMMISSIONING ABOUT 25DAYS. THESE PLANTS WILL BE UP AND RUNNING AND THE STATE WILL BE ABLE TO MEET DEMAND OXYGEN 3RD PHASE
MAHARASHTRA CM UDDHAV THACKERAY: SAYS URGED DOCTORS AND PATIENTS THAT WHO AND EXPERTS HAVE WARNED NOT TO USE REMDESIVIR UNNECESSARILY AS THERE WILL BE SIDE EFFECTS. LEFT IT TO DOCTORS
MAHARASHTRA CM UDDHAV THACKERAY: SAYS STATE NEEDS DAILY 50000 REMDESIVIR VIALS. CENTRE IS CONTROLLING THE ALLOCATION. STATE HAD ALLOCATED 26,700 VIALS AGAINST 50,000 DEMAND. STATE IS GETTING 43,000 VIALS BUT GETTING 35,000 VIALS
MAHARASHTRA CM UDDHAV THACKERAY: SAYS WE HAVE BEEN TO CONTAIN THE SPREAD OF COVID19 DUE TO RESTRICTIONS AND LOCKDOWN. OUR ESTIMATE WAS THAT THERE MIGHT BE 10 LAKH POSITIVE ACTIVE PATIENTS, BUT NOW IT IS 7 LAKH CASES
MAHARASHTRA CM THACKERAY: SAYS INCREASING HEALTH INFRASTRUCTURE DURING LOCKDOWN, JUMBO FACILITIES AND OTHER AMENITIES INCREASED 2665 FACILITIES HAVE BEEN INCREASED TO 5,500 COVID HEALTH CENTRES, BEDS ROSE TO 4,31,000 FROM 2,36,000
MAHARASHTRA CM THACKERAY SAYS IN MARCH 2020 STATE HAD ONLY 2 LABS WHICH ARE INCREASED TO 609, TESTING CAPACITY IS INCREASED. DAILY 2.5 LAKH TO BE INCREASED TO 3 LAKH
MAHA CM: SAID THE HC ASKED AG WHETHER THERE IS A NEED FOR COMPLETE LOCKDOWN. I AM ASKING TO YOU. I DONT THINK IT WILL HAVE TO BE DONE AS PEOPLE ARE FOLLOWING STRICT CURBS
Stay tuned for updates on telegram @AlliesFin
By: via @AlliesFin Serve Stock Market
MAHARASHTRA CM UDDHAV THACKERAY: SAYS THERE IS NO NEED FOR A MORE STRICT LOCKDOWN IN THE STATE, PEOPLE ARE FOLLOWING THE RESTRICTIONS
MAHARASHTRA CM UDDHAV THACKERAY: SAYS SPEAKING TO SERUM INSTITUTE INDIA AND BHARAT BIOTECH. STATE WILL GET 18 LAKH DOSES IN MAY
MAHARASHTRA CM UDDHAV THACKERAY: SAYS THE HEALTH MACHINERY AND EQUIPMENT ARE UNDER TREMENDOUS STRESS SINCE LAST MARCH. THERE ARE FIRE AND OXYGEN LEAKAGE. HEALTH WARRIORS GET DEPRESSED DUE TO THESE INCIDENTS
MAHARASHTRA CM UDDHAV THACKERAY: SAYS SETTING UP JUMBO CARE CENTRES IN THE VICINITY OF STEEL AND POWER GENERATION PLANTS TO GET EASY OXYGEN SUPPLY
MAHARASHTRA CM: SAYS MET DIVISIONAL COMMISSIONERS & COLLECTORS TO SET UP OXYGEN GENERATION PLANTS. TENDERS ISSUED. ESTABLISHMENT OF PLANT NEED 20DAYS AND FOR COMMISSIONING ABOUT 25DAYS. THESE PLANTS WILL BE UP AND RUNNING AND THE STATE WILL BE ABLE TO MEET DEMAND OXYGEN 3RD PHASE
MAHARASHTRA CM UDDHAV THACKERAY: SAYS URGED DOCTORS AND PATIENTS THAT WHO AND EXPERTS HAVE WARNED NOT TO USE REMDESIVIR UNNECESSARILY AS THERE WILL BE SIDE EFFECTS. LEFT IT TO DOCTORS
MAHARASHTRA CM UDDHAV THACKERAY: SAYS STATE NEEDS DAILY 50000 REMDESIVIR VIALS. CENTRE IS CONTROLLING THE ALLOCATION. STATE HAD ALLOCATED 26,700 VIALS AGAINST 50,000 DEMAND. STATE IS GETTING 43,000 VIALS BUT GETTING 35,000 VIALS
MAHARASHTRA CM UDDHAV THACKERAY: SAYS WE HAVE BEEN TO CONTAIN THE SPREAD OF COVID19 DUE TO RESTRICTIONS AND LOCKDOWN. OUR ESTIMATE WAS THAT THERE MIGHT BE 10 LAKH POSITIVE ACTIVE PATIENTS, BUT NOW IT IS 7 LAKH CASES
MAHARASHTRA CM THACKERAY: SAYS INCREASING HEALTH INFRASTRUCTURE DURING LOCKDOWN, JUMBO FACILITIES AND OTHER AMENITIES INCREASED 2665 FACILITIES HAVE BEEN INCREASED TO 5,500 COVID HEALTH CENTRES, BEDS ROSE TO 4,31,000 FROM 2,36,000
MAHARASHTRA CM THACKERAY SAYS IN MARCH 2020 STATE HAD ONLY 2 LABS WHICH ARE INCREASED TO 609, TESTING CAPACITY IS INCREASED. DAILY 2.5 LAKH TO BE INCREASED TO 3 LAKH
MAHA CM: SAID THE HC ASKED AG WHETHER THERE IS A NEED FOR COMPLETE LOCKDOWN. I AM ASKING TO YOU. I DONT THINK IT WILL HAVE TO BE DONE AS PEOPLE ARE FOLLOWING STRICT CURBS
Stay tuned for updates on telegram @AlliesFin
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
30/4/2021
BSE:-983(48782)
NSE:-263(14631)
MID:-133(20312)
SML:-15(21670)
FII|FPI:-3465Cr
DII:+1419Cr
B.Crude: 67
Gold$:1766=INR:46774
Silver: 67700
$/Rs: 74.06
5.85 : 2030 G-Sec: 6.02
NSE PE: 32.21
Join @AlliesFin
On Telegram
By: via @AlliesFin Serve Stock Market
BSE:-983(48782)
NSE:-263(14631)
MID:-133(20312)
SML:-15(21670)
FII|FPI:-3465Cr
DII:+1419Cr
B.Crude: 67
Gold$:1766=INR:46774
Silver: 67700
$/Rs: 74.06
5.85 : 2030 G-Sec: 6.02
NSE PE: 32.21
Join @AlliesFin
On Telegram
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Market Outlook :
(30 April )
US market 240 Points Up
Asian market Negative
SGX NIFTY 147 points Down
Trend on SGXNIFTY indicates a Negative Opening for index.
Market view : @A1GuruKulam
Market would open Negative.
Nifty and bank nifty crossed its resistance level and came in bullish zone.
Now we will also see stock specific rally.
Nifty and Bank nifty would enter in negative zone once it close below 14550 and 31900 respectively.
Intraday level can help to take a trade in intra day set up.
Nifty : Bullish
Banknifty : Bullish
Nifty levels
Today's resistance
14960-15040
Today's support
14840-14760
Bank nifty levels
Today's resistance
34001-34250
Today's support
33600-33320
Market outlook view is just for educational purpose.
Disclaimer Note : all opinions views shared on any social media channels or digital platforms of A1Gurukulam are personal and are for educational and motivational purpose only. Trading and investing involves risk of capital so Kindly consult your financial planner or advisor before taking decision.
If you feel any content is improper or needs any change so kindly
Write us @A1GuruKulamteam
Join us on telegram @A1GuruKulam
Market would open Negative.
Nifty and bank nifty crossed its resistance level and came in bullish zone.
Now we will also see stock specific rally.
Nifty and Bank nifty would enter in negative zone once it close below 14550 and 31900 respectively.
Intraday level can help to take a trade in intra day set up.
Nifty : Bullish
Banknifty : Bullish
Nifty levels
Today's resistance
14960-15040
Today's support
14840-14760
Bank nifty levels
Today's resistance
34001-34250
Today's support
33600-33320
Market outlook view is just for educational purpose.
Disclaimer Note : all opinions views shared on any social media channels or digital platforms of A1Gurukulam are personal and are for educational and motivational purpose only. Trading and investing involves risk of capital so Kindly consult your financial planner or advisor before taking decision.
If you feel any content is improper or needs any change so kindly
Write us @A1GuruKulamteam
Join us on telegram @A1Gurukulam
By: via @AlliesFin Serve Stock Market
(30 April )
US market 240 Points Up
Asian market Negative
SGX NIFTY 147 points Down
Trend on SGXNIFTY indicates a Negative Opening for index.
Market view : @A1GuruKulam
Market would open Negative.
Nifty and bank nifty crossed its resistance level and came in bullish zone.
Now we will also see stock specific rally.
Nifty and Bank nifty would enter in negative zone once it close below 14550 and 31900 respectively.
Intraday level can help to take a trade in intra day set up.
Nifty : Bullish
Banknifty : Bullish
Nifty levels
Today's resistance
14960-15040
Today's support
14840-14760
Bank nifty levels
Today's resistance
34001-34250
Today's support
33600-33320
Market outlook view is just for educational purpose.
Disclaimer Note : all opinions views shared on any social media channels or digital platforms of A1Gurukulam are personal and are for educational and motivational purpose only. Trading and investing involves risk of capital so Kindly consult your financial planner or advisor before taking decision.
If you feel any content is improper or needs any change so kindly
Write us @A1GuruKulamteam
Join us on telegram @A1GuruKulam
Market would open Negative.
Nifty and bank nifty crossed its resistance level and came in bullish zone.
Now we will also see stock specific rally.
Nifty and Bank nifty would enter in negative zone once it close below 14550 and 31900 respectively.
Intraday level can help to take a trade in intra day set up.
Nifty : Bullish
Banknifty : Bullish
Nifty levels
Today's resistance
14960-15040
Today's support
14840-14760
Bank nifty levels
Today's resistance
34001-34250
Today's support
33600-33320
Market outlook view is just for educational purpose.
Disclaimer Note : all opinions views shared on any social media channels or digital platforms of A1Gurukulam are personal and are for educational and motivational purpose only. Trading and investing involves risk of capital so Kindly consult your financial planner or advisor before taking decision.
If you feel any content is improper or needs any change so kindly
Write us @A1GuruKulamteam
Join us on telegram @A1Gurukulam
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
STOCKS TO WATCH:
#alliesfin #results
EXIDE INDUSTRIES, INDIAMART, TITAN, AMBUJA CEMENTS, MOTILAL OSWAL, PERSISTENT SYSTEMS, SHRIRAM TRANSPORT, TATA COFFEE, JAY BHARAT, L&T FINANCE, EQUITAS SMALL FIN
Exide Industries: Q4 Cons Net Profit 3.22b Rupees Vs 2.5b (YoY); Est 2.2b | 2.4b (QoQ) || Q4 Revenue 45.63b Rupees Vs 34.7b (YoY)
Indiamart Intermesh: Q4 Cons Net Profit 557m Rupees Vs 443m (YoY); Est 755m | 802m (Qoq) || Q4 Revenue 1.8b Rupees Vs 1.7b (YoY)
Titan Company: Q4 Cons Net Profit 5.64b Rupees Vs 3.5b (YoY); Est 5.5b | 5.25b (QoQ) || Q4 Revenue 73.51b Rupees Vs 46.17b (YoY)
Ambuja Cements: Q4 Cons Net Profit 9.47b Rupees Vs 5.5b (YoY); Est 5b | 7.3b (Qoq) || Q4 Revenue 77.15b Rupees Vs 62.5b (YoY)
Motilal Oswal Financial Services: Q4 Cons Net Profit 4.48b Rupees Vs Loss 2.54b (YoY); Est Profit 4.4b | Profit 3.34b (QoQ) || Q4 Revenue 11.41b Rupees Vs 6.11b (YoY)
Persistent Systems: Q4 Cons Net Profit 1.38b Rupees Vs 838.2m (YoY); Est 1.2b | 1.21b (QoQ) || Q4 Revenue 11.13b Rupees Vs 9.26b (YoY)
Shriram Transport Finance Company: Q4 Cons Net Profit 7.55b Rupees Vs 2.23b (YoY); Est 7.5b | 7.28b (QoQ) || Q4 Revenue 44.03b Rupees Vs 40.92b (YoY)
Tata Coffee: Q4 Cons Net Profit 429.8m Rupees Vs 98.6m (YoY) | 315m (QoQ) || Q4 Revenue 5.91b Rupees Vs 5.17b (YoY)
JAY Bharat Maruti: Q4 Cons Net Profit 201.7m Rupees Vs 98.2m (YoY) | 179m (QoQ) || Q4 Revenue 5.41b Rupees Vs 4.01b (YoY)
L&T Finance Holdings: Q4 Cons Net Profit 2.67b Rupees Vs 3.86b (YoY); Est 4.3b | 2.91b (Qoq) || Q4 Revenue 32.24b Rupees Vs 32.80b (YoY)
Equitas Small Finance Bank: Q4 Sl Net Profit 1.13b Rupees Vs 430.1m (YoY) | 1.11b (QoQ) || Q4 Income Earned 8.18b Rupees Vs 7.26b (YoY) || Q4 Provisions 969.8m Rupees Vs 1.3b (YoY) || Q4 Net Npa 1.58% Vs 0.67% (QoQ) || Q4 Gross Npa 3.37% Vs 2.27% (QoQ)
DALMIA BHARAT: Q4 CONS NET PROFIT 6.27B RUPEES VS 260M (YOY); EST 2.3B I 1.82B (QOQ) || Q4 REVENUE 32.8B RUPEES VS 24.8B (YOY) || CO RECOMMENDED FINAL DIVIDEND OF 1.33 RUPEES/SHARE
By: via @AlliesFin Serve Stock Market
#alliesfin #results
EXIDE INDUSTRIES, INDIAMART, TITAN, AMBUJA CEMENTS, MOTILAL OSWAL, PERSISTENT SYSTEMS, SHRIRAM TRANSPORT, TATA COFFEE, JAY BHARAT, L&T FINANCE, EQUITAS SMALL FIN
Exide Industries: Q4 Cons Net Profit 3.22b Rupees Vs 2.5b (YoY); Est 2.2b | 2.4b (QoQ) || Q4 Revenue 45.63b Rupees Vs 34.7b (YoY)
Indiamart Intermesh: Q4 Cons Net Profit 557m Rupees Vs 443m (YoY); Est 755m | 802m (Qoq) || Q4 Revenue 1.8b Rupees Vs 1.7b (YoY)
Titan Company: Q4 Cons Net Profit 5.64b Rupees Vs 3.5b (YoY); Est 5.5b | 5.25b (QoQ) || Q4 Revenue 73.51b Rupees Vs 46.17b (YoY)
Ambuja Cements: Q4 Cons Net Profit 9.47b Rupees Vs 5.5b (YoY); Est 5b | 7.3b (Qoq) || Q4 Revenue 77.15b Rupees Vs 62.5b (YoY)
Motilal Oswal Financial Services: Q4 Cons Net Profit 4.48b Rupees Vs Loss 2.54b (YoY); Est Profit 4.4b | Profit 3.34b (QoQ) || Q4 Revenue 11.41b Rupees Vs 6.11b (YoY)
Persistent Systems: Q4 Cons Net Profit 1.38b Rupees Vs 838.2m (YoY); Est 1.2b | 1.21b (QoQ) || Q4 Revenue 11.13b Rupees Vs 9.26b (YoY)
Shriram Transport Finance Company: Q4 Cons Net Profit 7.55b Rupees Vs 2.23b (YoY); Est 7.5b | 7.28b (QoQ) || Q4 Revenue 44.03b Rupees Vs 40.92b (YoY)
Tata Coffee: Q4 Cons Net Profit 429.8m Rupees Vs 98.6m (YoY) | 315m (QoQ) || Q4 Revenue 5.91b Rupees Vs 5.17b (YoY)
JAY Bharat Maruti: Q4 Cons Net Profit 201.7m Rupees Vs 98.2m (YoY) | 179m (QoQ) || Q4 Revenue 5.41b Rupees Vs 4.01b (YoY)
L&T Finance Holdings: Q4 Cons Net Profit 2.67b Rupees Vs 3.86b (YoY); Est 4.3b | 2.91b (Qoq) || Q4 Revenue 32.24b Rupees Vs 32.80b (YoY)
Equitas Small Finance Bank: Q4 Sl Net Profit 1.13b Rupees Vs 430.1m (YoY) | 1.11b (QoQ) || Q4 Income Earned 8.18b Rupees Vs 7.26b (YoY) || Q4 Provisions 969.8m Rupees Vs 1.3b (YoY) || Q4 Net Npa 1.58% Vs 0.67% (QoQ) || Q4 Gross Npa 3.37% Vs 2.27% (QoQ)
DALMIA BHARAT: Q4 CONS NET PROFIT 6.27B RUPEES VS 260M (YOY); EST 2.3B I 1.82B (QOQ) || Q4 REVENUE 32.8B RUPEES VS 24.8B (YOY) || CO RECOMMENDED FINAL DIVIDEND OF 1.33 RUPEES/SHARE
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Economic Times
Business Standard
Ø Acre ARC set to purchase Indiabulls assets
Ø Banks need to adopt digitisation or else they will perish: Ex-finance Secretary SC Garg
Ø Labour Min hikes maximum sum assured payable under EDLI scheme to Rs 7 lakh
Ø ICICI Bank launches merchant stack platform
Ø Unemployment rate likely to be 8% compared to 6.5% in March in India: CMIE
Ø India urges China to clear bottlenecks on key pharma raw-material
Ø Ambuja Cements consolidated Q4 PAT at Rs 947 cr, up 71% YoY on higher sales
Ø Govt looking to monetise possible IT parks, SEZs developed on PSU land
Ø Unilever plans $3.6 billion buyback as China and home cooks boost growth
Ø Most Indian companies protected against weakening rupee: Moody's report
Ø HUL Q4 PAT jumps 41% YoY to Rs 2,143 crore, beats Street estimates
Ø Auto firms to halt production for up to 15 days amid raging second wave
Business Line
Mint
Ø Lockdowns spell a downside risk for electricity demand growth in FY2022: ICRA
Ø RBI to conduct first special OMO of FY22 on May 06
Ø Niraj Bajaj to take over as Chairman of Bajaj Auto
Ø Zomato revenue up at ₹2,604 crore in FY20
Ø Biocon Biologics posts 53% growth in revenues at ₹664 crore for Q4FY21
Ø Indian pharma hit hard by China’s suspension of cargo flights
Ø Shriram Transport net profit jumps 238% to Rs755 crore in March quarter
Ø Sebi extends results filing deadline for Indian firms due to Covid-19
Ø L&T Finance Q4 net profit falls 31% to Rs267 crore
Ø PowerGrid’s first InvIT public offer subscribed 10% on day one
Ø Titan Q4: Net profit jumps 48% to ₹529 crore
Ø CCI clears Tata’s acquisition of BigBasket
Financial Express
Business World
Ø Govt allows import of medical devices like oxygen canister for 3 months with riders
Ø Bajaj Finserv Q4 profit jumps four folds to Rs 979 cr
Ø Indian gold demand likely to slow down in April-June: WGC
Ø Bank Of Maharashtra Net Profit Jumps To Rs 165 Cr In March Qtr
Ø Laurus Labs Q4 Net Profit Zooms Nearly 3-Fold To Rs 297 Cr
Ø Portfolio Manager To Obtain Prior Approval Of Sebi In Case Of Change In Control
By: via @AlliesFin Serve Stock Market
Business Standard
Ø Acre ARC set to purchase Indiabulls assets
Ø Banks need to adopt digitisation or else they will perish: Ex-finance Secretary SC Garg
Ø Labour Min hikes maximum sum assured payable under EDLI scheme to Rs 7 lakh
Ø ICICI Bank launches merchant stack platform
Ø Unemployment rate likely to be 8% compared to 6.5% in March in India: CMIE
Ø India urges China to clear bottlenecks on key pharma raw-material
Ø Ambuja Cements consolidated Q4 PAT at Rs 947 cr, up 71% YoY on higher sales
Ø Govt looking to monetise possible IT parks, SEZs developed on PSU land
Ø Unilever plans $3.6 billion buyback as China and home cooks boost growth
Ø Most Indian companies protected against weakening rupee: Moody's report
Ø HUL Q4 PAT jumps 41% YoY to Rs 2,143 crore, beats Street estimates
Ø Auto firms to halt production for up to 15 days amid raging second wave
Business Line
Mint
Ø Lockdowns spell a downside risk for electricity demand growth in FY2022: ICRA
Ø RBI to conduct first special OMO of FY22 on May 06
Ø Niraj Bajaj to take over as Chairman of Bajaj Auto
Ø Zomato revenue up at ₹2,604 crore in FY20
Ø Biocon Biologics posts 53% growth in revenues at ₹664 crore for Q4FY21
Ø Indian pharma hit hard by China’s suspension of cargo flights
Ø Shriram Transport net profit jumps 238% to Rs755 crore in March quarter
Ø Sebi extends results filing deadline for Indian firms due to Covid-19
Ø L&T Finance Q4 net profit falls 31% to Rs267 crore
Ø PowerGrid’s first InvIT public offer subscribed 10% on day one
Ø Titan Q4: Net profit jumps 48% to ₹529 crore
Ø CCI clears Tata’s acquisition of BigBasket
Financial Express
Business World
Ø Govt allows import of medical devices like oxygen canister for 3 months with riders
Ø Bajaj Finserv Q4 profit jumps four folds to Rs 979 cr
Ø Indian gold demand likely to slow down in April-June: WGC
Ø Bank Of Maharashtra Net Profit Jumps To Rs 165 Cr In March Qtr
Ø Laurus Labs Q4 Net Profit Zooms Nearly 3-Fold To Rs 297 Cr
Ø Portfolio Manager To Obtain Prior Approval Of Sebi In Case Of Change In Control
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
"Team is not a group of people who work together.
Team is a group of people who trust each other."
#alliesfin #fridayquote #friday #quote #team #axitdshah #motivation
By: via @AlliesFin Serve Stock Market
Team is a group of people who trust each other."
#alliesfin #fridayquote #friday #quote #team #axitdshah #motivation
By: via @AlliesFin Serve Stock Market
Thursday 29 April 2021
@AlliesFin Serve Stock Market's Post
#tatasteel crosses four digit mark 1000+
new #lifetimehigh today. #tatasons #rich #promoters #enrich #investors
By: via @AlliesFin Serve Stock Market
new #lifetimehigh today. #tatasons #rich #promoters #enrich #investors
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Results on April 29
#AlliesFin
Hindustan Unilever,
Bajaj Auto,
Titan Company,
Ambuja Cements,
Aavas Financiers,
Aptech,
Agro Tech Foods,
AU Small Finance Bank,
Bajaj Holdings & Investment,
Cigniti Technologies,
Coromandel International,
Dalmia Bharat,
Embassy Office Parks REIT,
Equitas Small Finance Bank,
Exide Industries,
Franklin Industries,
Gangotri Textiles,
Geetanjali Credit and Capital,
IndiaMART InterMESH,
Inox Leisure,
Jay Bharat Maruti,
Kirloskar Pneumatic,
L&T Finance Holdings,
Laurus Labs,
Bank of Maharashtra,
Mahindra CIE Automotive,
Mahindra Logistics,
Motilal Oswal Financial Services,
Persistent Systems,
Rain Industries,
Southern Latex,
Shriram Transport Finance,
Sterlite Technologies,
Tata Coffee,
VTM and Zensar Technologies
will release quarterly earnings April 29.
By: via @AlliesFin Serve Stock Market
#AlliesFin
Hindustan Unilever,
Bajaj Auto,
Titan Company,
Ambuja Cements,
Aavas Financiers,
Aptech,
Agro Tech Foods,
AU Small Finance Bank,
Bajaj Holdings & Investment,
Cigniti Technologies,
Coromandel International,
Dalmia Bharat,
Embassy Office Parks REIT,
Equitas Small Finance Bank,
Exide Industries,
Franklin Industries,
Gangotri Textiles,
Geetanjali Credit and Capital,
IndiaMART InterMESH,
Inox Leisure,
Jay Bharat Maruti,
Kirloskar Pneumatic,
L&T Finance Holdings,
Laurus Labs,
Bank of Maharashtra,
Mahindra CIE Automotive,
Mahindra Logistics,
Motilal Oswal Financial Services,
Persistent Systems,
Rain Industries,
Southern Latex,
Shriram Transport Finance,
Sterlite Technologies,
Tata Coffee,
VTM and Zensar Technologies
will release quarterly earnings April 29.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Economic Times
Business Standard
Ø Cost to cover default risks goes up for banks
Ø ONGC says want foreign partners in new fields
Ø Reliance, Saudi Aramco discuss cash and share stake deal: Report
Ø FinMin relaxes COVID-relief material import norms for Indian Red Cross
Ø Maruti Suzuki advances scheduled maintenance shutdown to May to make oxygen available for medical needs
Ø Second COVID wave likely to peak in India in June, says CLSA
Ø India's GDP to grow at 11% this fiscal, economic recovery at risk: ADB
Ø SBI board to consider raising $2 billion through bonds in 2021-22
Ø Minimum 20% key AMC employee compensation to be in mutual fund units: Sebi
Ø Zomato eyes raising $1.1 bn through initial public offering, files DRHP
Ø KPIT Q4 net profit rises 23.6% YoY to Rs 47 cr, revenue dips 3.8%
Ø Bombay HC stays investigation under FIR against Indiabulls Housing
Business Line
Mint
Ø Morepen Group seals ₹750-cr investment
Ø Resurgence in Covid-19 to dampen pace of recovery for India Inc: ICRA
Ø Linde India embarks on two operations to ease oxygen supply for Covid-19 patients
Ø CPCL back in black with ₹238-cr profit in FY21
Ø Petronet LNG plans bunkering services to ocean going ships from its Kochi terminal
Ø Samsung family to pay about $10.8 billion in taxes related to inheritance
Ø Fed strengthens view of economy while keeping rates near zero
Ø US stock ETF inflows of $246 bn already top all of last year
Ø Investor wealth jumps over Rs6 trillion in three days of market rally
Ø S&P hints at possible downgrade of India GDP projection
Ø No more kebabs for bitcoins as Turkey's crypto-payment ban looms
Ø Reckitt reports double-digit growth in India health business
Ø Venture firms bask in a surge of blockbuster profits
Financial Express
Business World
Ø India imposes anti-dumping duty on chemical from 4 regions
Ø India, Australia, Japan trade ministers’ meet riles China
Ø RBI Committee on ARCs invites views, suggestions from stakeholders by May 31
Ø Sebi Bans 3 Entities In Infibeam Avenues Insider Trading Case
Ø Steel Plants Supply 3,650 Tn Oxygen To Hospitals On Tuesday
Ø IATO Seeks PM's Intervention To Remove Anomalies In Operational Guidelines Of ECLGS
By: via @AlliesFin Serve Stock Market
Business Standard
Ø Cost to cover default risks goes up for banks
Ø ONGC says want foreign partners in new fields
Ø Reliance, Saudi Aramco discuss cash and share stake deal: Report
Ø FinMin relaxes COVID-relief material import norms for Indian Red Cross
Ø Maruti Suzuki advances scheduled maintenance shutdown to May to make oxygen available for medical needs
Ø Second COVID wave likely to peak in India in June, says CLSA
Ø India's GDP to grow at 11% this fiscal, economic recovery at risk: ADB
Ø SBI board to consider raising $2 billion through bonds in 2021-22
Ø Minimum 20% key AMC employee compensation to be in mutual fund units: Sebi
Ø Zomato eyes raising $1.1 bn through initial public offering, files DRHP
Ø KPIT Q4 net profit rises 23.6% YoY to Rs 47 cr, revenue dips 3.8%
Ø Bombay HC stays investigation under FIR against Indiabulls Housing
Business Line
Mint
Ø Morepen Group seals ₹750-cr investment
Ø Resurgence in Covid-19 to dampen pace of recovery for India Inc: ICRA
Ø Linde India embarks on two operations to ease oxygen supply for Covid-19 patients
Ø CPCL back in black with ₹238-cr profit in FY21
Ø Petronet LNG plans bunkering services to ocean going ships from its Kochi terminal
Ø Samsung family to pay about $10.8 billion in taxes related to inheritance
Ø Fed strengthens view of economy while keeping rates near zero
Ø US stock ETF inflows of $246 bn already top all of last year
Ø Investor wealth jumps over Rs6 trillion in three days of market rally
Ø S&P hints at possible downgrade of India GDP projection
Ø No more kebabs for bitcoins as Turkey's crypto-payment ban looms
Ø Reckitt reports double-digit growth in India health business
Ø Venture firms bask in a surge of blockbuster profits
Financial Express
Business World
Ø India imposes anti-dumping duty on chemical from 4 regions
Ø India, Australia, Japan trade ministers’ meet riles China
Ø RBI Committee on ARCs invites views, suggestions from stakeholders by May 31
Ø Sebi Bans 3 Entities In Infibeam Avenues Insider Trading Case
Ø Steel Plants Supply 3,650 Tn Oxygen To Hospitals On Tuesday
Ø IATO Seeks PM's Intervention To Remove Anomalies In Operational Guidelines Of ECLGS
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
@AlliesFin
• Maharashtra State May Extend Lockdown Through Mid-May: Minister
• Sebi: Key AMC Staff to Get Minimum 20% Compensation in MF Units
• RBI Likely Raised Bill Purchases in India Yield Curve Control
o Others category bought $2.3b worth of bills Wednesday
• India’s Need for Oxygen Is Hitting Demolition of Old Ships
• India’s Modi, Russia’s Putin Discuss Covid-19 Situation
• India Names Expenditure Secretary Somanathan Finance Secretary
• Indian Television Channels to Show Exit Polls After State Elections
• Blackstone, Amazon Join Global Race to Fight India Covid Crisis
• Japan to Tighten Borders for Arrivals From India, Kyodo Reports
• Kenya Suspends Flights to India for Two Weeks Amid Rising Cases
• Nasdaq-Bound Renew Seeks Clean Energy Vertical Integration: BNEF
• Global Funds Buy INR7.66B of India Stocks on Wednesday: NSE
o Domestic funds buy net 4.36b rupees of stocks
• Foreign Investors Sell Net INR11.1B of India Equities on April 27
• Foreigners Sell Net INR496.4M India Equity Derivatives Wednesday
• Saudi Aramco Revived Talks for 20% Stake in Reliance Arm: FT
• Adani Enterprises (ADE): To consider fund raising limit on May 5
• Affle India (AFFLE): Seeks to Raise $61 Million From QIP Offering
• Dishman Carbogen (DCAL): Says unit in co-investment pact for Swiss Site
• IndiaMart InterMesh (INMART): Says its unit to acquire 26% of Shipway Technology, and also 3.02% more in Truckhall
• Maruti Suzuki (MSIL): To shut plants to help divert oxygen to hospitals
• Oil & Natural Gas (ONGC): Says looking at foreign partners for developing oil, gas fields
• RattanIndia (RATI): To invest INR1.5b in EV company Revolt, to get 43% stake
• SIS Ltd. (SIS): 4Q net income 1.02b rupees vs. loss 39.1m y/y, beats est. 792.6m
• Torrent Pharmaceuticals (TRP): Gets U.S. FDA tentative approval for Dapsone ANDA
By: via @AlliesFin Serve Stock Market
• Maharashtra State May Extend Lockdown Through Mid-May: Minister
• Sebi: Key AMC Staff to Get Minimum 20% Compensation in MF Units
• RBI Likely Raised Bill Purchases in India Yield Curve Control
o Others category bought $2.3b worth of bills Wednesday
• India’s Need for Oxygen Is Hitting Demolition of Old Ships
• India’s Modi, Russia’s Putin Discuss Covid-19 Situation
• India Names Expenditure Secretary Somanathan Finance Secretary
• Indian Television Channels to Show Exit Polls After State Elections
• Blackstone, Amazon Join Global Race to Fight India Covid Crisis
• Japan to Tighten Borders for Arrivals From India, Kyodo Reports
• Kenya Suspends Flights to India for Two Weeks Amid Rising Cases
• Nasdaq-Bound Renew Seeks Clean Energy Vertical Integration: BNEF
• Global Funds Buy INR7.66B of India Stocks on Wednesday: NSE
o Domestic funds buy net 4.36b rupees of stocks
• Foreign Investors Sell Net INR11.1B of India Equities on April 27
• Foreigners Sell Net INR496.4M India Equity Derivatives Wednesday
• Saudi Aramco Revived Talks for 20% Stake in Reliance Arm: FT
• Adani Enterprises (ADE): To consider fund raising limit on May 5
• Affle India (AFFLE): Seeks to Raise $61 Million From QIP Offering
• Dishman Carbogen (DCAL): Says unit in co-investment pact for Swiss Site
• IndiaMart InterMesh (INMART): Says its unit to acquire 26% of Shipway Technology, and also 3.02% more in Truckhall
• Maruti Suzuki (MSIL): To shut plants to help divert oxygen to hospitals
• Oil & Natural Gas (ONGC): Says looking at foreign partners for developing oil, gas fields
• RattanIndia (RATI): To invest INR1.5b in EV company Revolt, to get 43% stake
• SIS Ltd. (SIS): 4Q net income 1.02b rupees vs. loss 39.1m y/y, beats est. 792.6m
• Torrent Pharmaceuticals (TRP): Gets U.S. FDA tentative approval for Dapsone ANDA
By: via @AlliesFin Serve Stock Market
Wednesday 28 April 2021
@AlliesFin Serve Stock Market's Post
2 SHARES IN FOCUS FOR UPCOMING SESSIONS @A1GURUKULAM
FOSECO https://invst.ly/um2ee
GMM PFAULDER https://invst.ly/um2dj
LOW VOLUME STOCKS.
Disclaimer Note : all opinions views shared on any social media channels or digital platforms of A1Gurukulam are personal and are for educational and motivational purpose only. Trading and investing involves risk of capital so Kindly consult your financial planner or advisor before taking decision.
We do not claim any profits or losses.
If you feel any content is improper or needs any change so kindly
Write us @A1GuruKulamteam
Join us on telegram @A1Gurukulam
By: via @AlliesFin Serve Stock Market
FOSECO https://invst.ly/um2ee
GMM PFAULDER https://invst.ly/um2dj
LOW VOLUME STOCKS.
Disclaimer Note : all opinions views shared on any social media channels or digital platforms of A1Gurukulam are personal and are for educational and motivational purpose only. Trading and investing involves risk of capital so Kindly consult your financial planner or advisor before taking decision.
We do not claim any profits or losses.
If you feel any content is improper or needs any change so kindly
Write us @A1GuruKulamteam
Join us on telegram @A1Gurukulam
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
morning pre market call based on results #bajajfinance 5100+
stay tuned for updates
https://t.me/AlliesFin/10219
By: via @AlliesFin Serve Stock Market
stay tuned for updates
https://t.me/AlliesFin/10219
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
eicher 2400 to 2500 or 4% in just one day
technical observations
https://t.me/A1GuruKulam/4536
By: via @AlliesFin Serve Stock Market
technical observations
https://t.me/A1GuruKulam/4536
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
#tvsmotors +14.4% only,
till now. #alliesfin
pre market watchlist
By: via @AlliesFin Serve Stock Market
till now. #alliesfin
pre market watchlist
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
good move seen in all this pre market stocks.
https://t.me/AlliesFin/10219
take timely profits.
By: via @AlliesFin Serve Stock Market
https://t.me/AlliesFin/10219
take timely profits.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
• Australia, India, Japan Launch Supply Chain Alliance
• Soaring Oxygen Demand Makes Indian Tycoon Cut JSW Steel Output
• Axis Bank Profit Tops Estimate as Bad Loan Provisions Fall
• Bajaj Finance’s Net Income Meets Estimates on Lower Expenses
• India Top Carmaker Maruti’s Profit Narrows as Covid Hits Demand
• Philippines to Ban Travelers From India, Duterte Spokesman Says
• Global Funds Sell Net INR14.55B of India Stocks on Wednesday: NSE
o Domestic funds buy net 14.6b rupees of stocks
• Foreign Investors Sell Net INR10.55B of India Equities on April 26
• Foreigners Buy Net INR29.04B of India Equity Derivatives Tuesday
• ADB provides $1.5b to India to deal with Covid-19: PTI
• Army Chief Gen Naravane visits eastern Ladakh and Siachen: PTI
• ABB India (ABB): 1Q net income 1.41b rupees vs. 646.4m rupees y/y, beats est. 933m
• Axis Bank (AXSB): 4Q net income 26.8b rupees vs. loss 13.9b y/y, beats est. 19.1b; Provisions 32.9b; Gross NPA 3.7% vs. 3.44% q/q
• Bajaj Finance (BAF): 4Q net income 13.5b rupees Vs. 9.48b Y/y
• Bank of India (BOI): Board meet on April 30 to discuss capital raising plans
• Britannia Industries (BRIT): 4Q net income -3% y/y to 3.64b rupees, misses est. 4.17b
• HDFC AMC (HDFCAMC): 4Q net income +26% y/y to 3.16b rupees, misses est. 3.53b
• Info Edge (INFOE): To SellUp to INR7.5B Stake in Zomato’s Planned IPO
• Lupin (LPC): Ligand, Lupin Settle Patent Suit on Evomela Cancer Drug
• Nippon Life India (NAM): 4Q net income 1.67b rupees, est. 1.57b
• PNB Housing (PNBHOUSI): 4Q net income 1.3b rupees vs loss 2.63b rupees y/y
• Syngene (SYNG): 4Q net income 1.61 billion rupees, +34% y/y, estimate 1.21 billion; 350 million rupees exceptional gain
• TVS Motor (TVSL): 4Q net income 2.89b rupees vs. 738.7m rupees y/y, beats est. 2.21b
• United Breweries (UBBL): 4Q net income 967.6m rupees vs. 411.9m y/y, misses est. 1.39b
By: via @AlliesFin Serve Stock Market
• Soaring Oxygen Demand Makes Indian Tycoon Cut JSW Steel Output
• Axis Bank Profit Tops Estimate as Bad Loan Provisions Fall
• Bajaj Finance’s Net Income Meets Estimates on Lower Expenses
• India Top Carmaker Maruti’s Profit Narrows as Covid Hits Demand
• Philippines to Ban Travelers From India, Duterte Spokesman Says
• Global Funds Sell Net INR14.55B of India Stocks on Wednesday: NSE
o Domestic funds buy net 14.6b rupees of stocks
• Foreign Investors Sell Net INR10.55B of India Equities on April 26
• Foreigners Buy Net INR29.04B of India Equity Derivatives Tuesday
• ADB provides $1.5b to India to deal with Covid-19: PTI
• Army Chief Gen Naravane visits eastern Ladakh and Siachen: PTI
• ABB India (ABB): 1Q net income 1.41b rupees vs. 646.4m rupees y/y, beats est. 933m
• Axis Bank (AXSB): 4Q net income 26.8b rupees vs. loss 13.9b y/y, beats est. 19.1b; Provisions 32.9b; Gross NPA 3.7% vs. 3.44% q/q
• Bajaj Finance (BAF): 4Q net income 13.5b rupees Vs. 9.48b Y/y
• Bank of India (BOI): Board meet on April 30 to discuss capital raising plans
• Britannia Industries (BRIT): 4Q net income -3% y/y to 3.64b rupees, misses est. 4.17b
• HDFC AMC (HDFCAMC): 4Q net income +26% y/y to 3.16b rupees, misses est. 3.53b
• Info Edge (INFOE): To SellUp to INR7.5B Stake in Zomato’s Planned IPO
• Lupin (LPC): Ligand, Lupin Settle Patent Suit on Evomela Cancer Drug
• Nippon Life India (NAM): 4Q net income 1.67b rupees, est. 1.57b
• PNB Housing (PNBHOUSI): 4Q net income 1.3b rupees vs loss 2.63b rupees y/y
• Syngene (SYNG): 4Q net income 1.61 billion rupees, +34% y/y, estimate 1.21 billion; 350 million rupees exceptional gain
• TVS Motor (TVSL): 4Q net income 2.89b rupees vs. 738.7m rupees y/y, beats est. 2.21b
• United Breweries (UBBL): 4Q net income 967.6m rupees vs. 411.9m y/y, misses est. 1.39b
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Mkt. Updates :*
*SGX Nifty -20 pts (14625) from last trade 14645 ,*
Nikkei +54 pts ,
Hangseng +50 pts ,
Now @6.54am .
Dow +3.36 pts ,Nsdq -48.56 pts, S&P
-0.90 pts, Bovespa -1206 pts , Ftse -18 pts , Dax -47 pts , Cac -1 pts , Crude @ $63.07 brl (+0.12), Brent @ $66.42 brl (+0.00) , Gold @ 1775.90 (-2.90), Silver @ $26.295 (-0.11), Euro @ $1.2087, JPY @ $108.76, INR @ 74.585
*US GOVT. 10-YEAR YIELD : 1.62%*
*Today's Corporate Action, 28th Apr Ex Date :*
None
*Today's Key Results/Board Meetings, 28-Apr-21 :*
BAJAJFINSV
Audited Results;Dividend
BIOCON
Audited Results;Final Dividend;General
CARBORUNIV
Audited Results;Final Dividend
CHENNPETRO
Audited Results;Dividend
GHCL
Final Dividend;General;Audited Results
MAHLIFE
Audited Results;Final Dividend;General
MAHSCOOTER
Audited Results;Dividend
NELCO
Audited Results;Dividend
SHREDIGCEM
Audited Results;General;Quarterly Results
SIS
Audited Results
SUNCLAYLTD
Audited Results
*SEC. IN F&O BAN FOR, 28-Apr-21 :*
1. SAIL
By: via @AlliesFin Serve Stock Market
*SGX Nifty -20 pts (14625) from last trade 14645 ,*
Nikkei +54 pts ,
Hangseng +50 pts ,
Now @6.54am .
Dow +3.36 pts ,Nsdq -48.56 pts, S&P
-0.90 pts, Bovespa -1206 pts , Ftse -18 pts , Dax -47 pts , Cac -1 pts , Crude @ $63.07 brl (+0.12), Brent @ $66.42 brl (+0.00) , Gold @ 1775.90 (-2.90), Silver @ $26.295 (-0.11), Euro @ $1.2087, JPY @ $108.76, INR @ 74.585
*US GOVT. 10-YEAR YIELD : 1.62%*
*Today's Corporate Action, 28th Apr Ex Date :*
None
*Today's Key Results/Board Meetings, 28-Apr-21 :*
BAJAJFINSV
Audited Results;Dividend
BIOCON
Audited Results;Final Dividend;General
CARBORUNIV
Audited Results;Final Dividend
CHENNPETRO
Audited Results;Dividend
GHCL
Final Dividend;General;Audited Results
MAHLIFE
Audited Results;Final Dividend;General
MAHSCOOTER
Audited Results;Dividend
NELCO
Audited Results;Dividend
SHREDIGCEM
Audited Results;General;Quarterly Results
SIS
Audited Results
SUNCLAYLTD
Audited Results
*SEC. IN F&O BAN FOR, 28-Apr-21 :*
1. SAIL
By: via @AlliesFin Serve Stock Market
Tuesday 27 April 2021
@AlliesFin Serve Stock Market's Post
Stocks watch list for upcoming sessions
https://t.me/A1GuruKulam/4536
#stockmarket #trading #investing #alliesfin #jaihind
By: via @AlliesFin Serve Stock Market
https://t.me/A1GuruKulam/4536
#stockmarket #trading #investing #alliesfin #jaihind
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Business Standard:*
Ø Bank credit grows 5.33%; deposits rise 10.94%
Ø India's economy holding up well against COVID-19 surge, says RBI
Ø Customs expeditiously clearing Covid medical equipment imports from China
Ø MG Motor to shut Halol factory for a week
Ø Production of polished diamonds down by 25%
Ø Biocon Biologics, Viatris receive approval for cancer drug
Ø Resurgence of pandemic may bring back inflation pressure, says RBI
Ø S&P Global Platts cuts India's 2021 oil product demand forecast by 9%
Ø Global carbon emissions set for second-biggest increase in history: IEA
Ø SBI Cards net doubles to Rs 175 crore in Q4FY21 on lower provisions
Ø Blackstone to buy controlling stake in Mphasis for up to $2.8 billion
Ø Indiabulls promoters, directors booked; firm moves court to get FIR quashed
Business Line
*Mint :*
Ø Shilpa Pharma sues Novartis Pharmaceutical Corporation for patent infringement
Ø Natco Pharma seeks approval for Molnupiravir capsules for Covid-19 treatment
Ø Reliance, bp start production from satellite cluster gas field in KG D6 block
Ø Tech Mahindra Q4 consolidated net rises 34.6 per cent to ₹ 1,081.4 crore
Ø HDFC Life Insurance Q4 net profit up 2%
Ø UP-based Shivalik SFB commences operations
Ø EU sues AstraZeneca over covid-19 vaccine shortfall
Ø US to work around the clock to help India tackle COVID crisis
Ø JPMorgan is preparing to offer a Bitcoin fund to wealthy clients
Ø PGCIL may bring in 18 more assets under InvIT
Ø Oil falls on India's COVID surge, supply increase
Ø RBI issues guidelines for tenure of bank CEOs, MDs
Ø Elon Musk says Tesla sold Bitcoin to prove liquidity as cash alternative
Financial Express
*Business World :*
Ø Barrier-free Trade: Solar imports from China seen surging in FY22
Ø Tata Steel raises daily oxygen supply to 600 tonnes
Ø RBI to conduct customer satisfaction survey on bank mergers
Ø VIL's Long-Term Biz Concerns Remain An Overhang For Indus Towers: Report
Ø Oxford Economics Lowers India's 2021 GDP Growth Forecast To 10.2 %
By: via @AlliesFin Serve Stock Market
Ø Bank credit grows 5.33%; deposits rise 10.94%
Ø India's economy holding up well against COVID-19 surge, says RBI
Ø Customs expeditiously clearing Covid medical equipment imports from China
Ø MG Motor to shut Halol factory for a week
Ø Production of polished diamonds down by 25%
Ø Biocon Biologics, Viatris receive approval for cancer drug
Ø Resurgence of pandemic may bring back inflation pressure, says RBI
Ø S&P Global Platts cuts India's 2021 oil product demand forecast by 9%
Ø Global carbon emissions set for second-biggest increase in history: IEA
Ø SBI Cards net doubles to Rs 175 crore in Q4FY21 on lower provisions
Ø Blackstone to buy controlling stake in Mphasis for up to $2.8 billion
Ø Indiabulls promoters, directors booked; firm moves court to get FIR quashed
Business Line
*Mint :*
Ø Shilpa Pharma sues Novartis Pharmaceutical Corporation for patent infringement
Ø Natco Pharma seeks approval for Molnupiravir capsules for Covid-19 treatment
Ø Reliance, bp start production from satellite cluster gas field in KG D6 block
Ø Tech Mahindra Q4 consolidated net rises 34.6 per cent to ₹ 1,081.4 crore
Ø HDFC Life Insurance Q4 net profit up 2%
Ø UP-based Shivalik SFB commences operations
Ø EU sues AstraZeneca over covid-19 vaccine shortfall
Ø US to work around the clock to help India tackle COVID crisis
Ø JPMorgan is preparing to offer a Bitcoin fund to wealthy clients
Ø PGCIL may bring in 18 more assets under InvIT
Ø Oil falls on India's COVID surge, supply increase
Ø RBI issues guidelines for tenure of bank CEOs, MDs
Ø Elon Musk says Tesla sold Bitcoin to prove liquidity as cash alternative
Financial Express
*Business World :*
Ø Barrier-free Trade: Solar imports from China seen surging in FY22
Ø Tata Steel raises daily oxygen supply to 600 tonnes
Ø RBI to conduct customer satisfaction survey on bank mergers
Ø VIL's Long-Term Biz Concerns Remain An Overhang For Indus Towers: Report
Ø Oxford Economics Lowers India's 2021 GDP Growth Forecast To 10.2 %
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*MKT. UPDATES :*
*SGX Nifty +25 pts (14512) from last trade 14487 ,*
Nikkei -33 pts ,
Hangseng -57 pts ,
Now @7.00am .
Dow -61.92 pts ,Nsdq +121.97 pts, S&P
+7.45 pts, Bovespa +64 pts , Ftse +24 pts , Dax +16 pts , Cac +17 pts , Crude @ $62.04 brl (+0.13), Brent @ $65.75 brl (+0.10) , Gold @ 1780.60 (+0.50), Silver @ $26.265 (+0.05), Euro @ $1.2077, JPY @ $108.17, INR @ 74.775
*US GOVT. 10-YEAR YIELD : 1.57%*
*Today's Corporate Action, 27th Apr Ex Date :*
EASEMYTRIP
Interim Dividend
WAA
Bonus issue 1:1
ZUARIGLOB
Interim Dividend
*Today's Key Results/Board Meetings, 27-Apr-21 :*
ABB
Quarterly Results
AXISBANK
Audited Results
BAJFINANCE
Audited Results;Final Dividend
GDL
Audited Results;Interim Dividend
HDFCAMC
Audited Results;Dividend
INDAG
Audited Results;Final Dividend
MARUTI
Audited Results
NAM-INDIA
Audited Results;Final Dividend
PNBHOUSING
Audited Results;Final Dividend
SANOFI
Quarterly Results
SYNGENE
Audited Results
TVSMOTOR
Audited Results
VESUVIUS
Quarterly Results
VSTIND
Audited Results;Dividend
*SEC. IN F&O BAN FOR, 27-Apr-21 :*
*1. IBULHSGFIN 2. SAIL 3. SUNTV*
*Today's Alert :*
RBI to Conduct Auction of SDL BONDS for INR 2 Billion
By: via @AlliesFin Serve Stock Market
*SGX Nifty +25 pts (14512) from last trade 14487 ,*
Nikkei -33 pts ,
Hangseng -57 pts ,
Now @7.00am .
Dow -61.92 pts ,Nsdq +121.97 pts, S&P
+7.45 pts, Bovespa +64 pts , Ftse +24 pts , Dax +16 pts , Cac +17 pts , Crude @ $62.04 brl (+0.13), Brent @ $65.75 brl (+0.10) , Gold @ 1780.60 (+0.50), Silver @ $26.265 (+0.05), Euro @ $1.2077, JPY @ $108.17, INR @ 74.775
*US GOVT. 10-YEAR YIELD : 1.57%*
*Today's Corporate Action, 27th Apr Ex Date :*
EASEMYTRIP
Interim Dividend
WAA
Bonus issue 1:1
ZUARIGLOB
Interim Dividend
*Today's Key Results/Board Meetings, 27-Apr-21 :*
ABB
Quarterly Results
AXISBANK
Audited Results
BAJFINANCE
Audited Results;Final Dividend
GDL
Audited Results;Interim Dividend
HDFCAMC
Audited Results;Dividend
INDAG
Audited Results;Final Dividend
MARUTI
Audited Results
NAM-INDIA
Audited Results;Final Dividend
PNBHOUSING
Audited Results;Final Dividend
SANOFI
Quarterly Results
SYNGENE
Audited Results
TVSMOTOR
Audited Results
VESUVIUS
Quarterly Results
VSTIND
Audited Results;Dividend
*SEC. IN F&O BAN FOR, 27-Apr-21 :*
*1. IBULHSGFIN 2. SAIL 3. SUNTV*
*Today's Alert :*
RBI to Conduct Auction of SDL BONDS for INR 2 Billion
By: via @AlliesFin Serve Stock Market
Monday 26 April 2021
@AlliesFin Serve Stock Market's Post
*Mkt. Updates :*
*SGX Nifty +40 pts (14373) from last trade 14333 ,*
Nikkei +27 pts ,
Hangseng +28 pts ,
Now @6.57am .
Dow +227.59 pts ,Nsdq +198.39 pts, S&P
+45.19 pts, Bovespa +1158 pts , Ftse +0.32 pts , Dax -40 pts , Cac -9 pts , Crude @ $61.95 brl (-0.19), Brent @ $65.87 brl (-0.23) , Gold @ 1775.10 (-2.80), Silver @ $26.015 (-0.06), Euro @ $1.2093, JPY @ $107.85, INR @ 74.925
*US GOVT. 10-YEAR YIELD : 1.56%*
*Today's Corporate Action , 26th Apr Ex Date :*
ELANTAS
Dividend - Rs. - 5.0000
*Today's Key Results/Board Meetings, 26-Apr-21 :*
ALOKTEXT
Audited Results
BENARAS
A.G.M.;Audited Results;Dividend;General
CASTROLIND
Quarterly Results
HDFCLIFE
Audited Results
KEDIACN
Audited Results
SAGCEM
Amalgamation
SCHAEFFLER
Quarterly Results
SNOWMAN
Audited Results
SURAJLTD
Audited Results
TECHM
Audited Results;Dividend;Quarterly Results
*SEC. IN F&O BAN FOR 26-Apr-21 :*
1. IBULHSGFIN 2. SUNTV
By: via @AlliesFin Serve Stock Market
*SGX Nifty +40 pts (14373) from last trade 14333 ,*
Nikkei +27 pts ,
Hangseng +28 pts ,
Now @6.57am .
Dow +227.59 pts ,Nsdq +198.39 pts, S&P
+45.19 pts, Bovespa +1158 pts , Ftse +0.32 pts , Dax -40 pts , Cac -9 pts , Crude @ $61.95 brl (-0.19), Brent @ $65.87 brl (-0.23) , Gold @ 1775.10 (-2.80), Silver @ $26.015 (-0.06), Euro @ $1.2093, JPY @ $107.85, INR @ 74.925
*US GOVT. 10-YEAR YIELD : 1.56%*
*Today's Corporate Action , 26th Apr Ex Date :*
ELANTAS
Dividend - Rs. - 5.0000
*Today's Key Results/Board Meetings, 26-Apr-21 :*
ALOKTEXT
Audited Results
BENARAS
A.G.M.;Audited Results;Dividend;General
CASTROLIND
Quarterly Results
HDFCLIFE
Audited Results
KEDIACN
Audited Results
SAGCEM
Amalgamation
SCHAEFFLER
Quarterly Results
SNOWMAN
Audited Results
SURAJLTD
Audited Results
TECHM
Audited Results;Dividend;Quarterly Results
*SEC. IN F&O BAN FOR 26-Apr-21 :*
1. IBULHSGFIN 2. SUNTV
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Economic Times
Business Standard
Ø Oil ministry tells ONGC to sell oilfields; hive off drilling, other services
Ø Richer nations in Asia-Pacific may recover faster than poorer counterparts post pandemic: Report
Ø India's top life insurers - LIC, ICICI, HDFC, SBI - are set to invest in InvITs, REITS
Ø UK sending 'vital medical equipment' to India to aid Covid fight
Ø DPIIT's control room started working from April 24; gets 12 queries on day one
Ø Morepen Labs betting big on diagnostics devices segment: CMD
Ø RIL in talks with VRV Asia Pacific to buy tankers for liquid medical oxygen
Ø Commercial viability alone must drive bank stakes in insurance: Irdai chief
Ø GoAir bets on ultra-low-cost carrier model to consolidate market position
Ø Samsung unit considers $673 million solar power plants in Texas -documents
Ø Green certificates trading shrinks to 920,000, 6 mn inventory piles up
Ø Big groups plan O2 storage, transport; PM Cares Fund for 551 plants
Business Line
Mint
Ø ITC to airfreight oxygen containers from Asian countries
Ø SP Group files review petition before Supreme Court
Ø DBS in ‘advanced talks’ to buy Citi’s consumer banking business in India
Ø Franklin Templeton investors to get ₹2,000 cr next month
Ø Srei Infra appoints KPMG as forensic auditor for its debt restructing plan
Ø State-run oil firms to set up medical oxygen generation plants at 93 locations
Ø HCL Tech to shift workload from India to deal with Covid-19 surge
Ø Credit Suisse’s $5.5 billion Archegos hit enters big league of bank losses
Ø 100 million first-time borrowers likely to apply for loans every year: Cibil
Financial Express
Business World
Ø Over 81pc wheat area harvested; pulses & oilseeds harvest over amid pandemic: Govt
Ø Steel makers produce 3,474 ton/day liquid oxygen, more than capacity
Ø Bharat Biotech Announces Covaxin Prices; Rs 600 For State Govts, Rs 1200 For Pvt Hospitals
By: via @AlliesFin Serve Stock Market
Business Standard
Ø Oil ministry tells ONGC to sell oilfields; hive off drilling, other services
Ø Richer nations in Asia-Pacific may recover faster than poorer counterparts post pandemic: Report
Ø India's top life insurers - LIC, ICICI, HDFC, SBI - are set to invest in InvITs, REITS
Ø UK sending 'vital medical equipment' to India to aid Covid fight
Ø DPIIT's control room started working from April 24; gets 12 queries on day one
Ø Morepen Labs betting big on diagnostics devices segment: CMD
Ø RIL in talks with VRV Asia Pacific to buy tankers for liquid medical oxygen
Ø Commercial viability alone must drive bank stakes in insurance: Irdai chief
Ø GoAir bets on ultra-low-cost carrier model to consolidate market position
Ø Samsung unit considers $673 million solar power plants in Texas -documents
Ø Green certificates trading shrinks to 920,000, 6 mn inventory piles up
Ø Big groups plan O2 storage, transport; PM Cares Fund for 551 plants
Business Line
Mint
Ø ITC to airfreight oxygen containers from Asian countries
Ø SP Group files review petition before Supreme Court
Ø DBS in ‘advanced talks’ to buy Citi’s consumer banking business in India
Ø Franklin Templeton investors to get ₹2,000 cr next month
Ø Srei Infra appoints KPMG as forensic auditor for its debt restructing plan
Ø State-run oil firms to set up medical oxygen generation plants at 93 locations
Ø HCL Tech to shift workload from India to deal with Covid-19 surge
Ø Credit Suisse’s $5.5 billion Archegos hit enters big league of bank losses
Ø 100 million first-time borrowers likely to apply for loans every year: Cibil
Financial Express
Business World
Ø Over 81pc wheat area harvested; pulses & oilseeds harvest over amid pandemic: Govt
Ø Steel makers produce 3,474 ton/day liquid oxygen, more than capacity
Ø Bharat Biotech Announces Covaxin Prices; Rs 600 For State Govts, Rs 1200 For Pvt Hospitals
By: via @AlliesFin Serve Stock Market
Sunday 25 April 2021
Friday 23 April 2021
@AlliesFin Serve Stock Market's Post
@ALLIESFIN
NEXT WEEK EARNINGS
APRIL 26
ALOK INDUSTRIES
AU SMALL FINANCE BANK
CASTROL INDIA
HDFC LIFE INSURANCE COMPANY
SBI CARDS & PAYMENT SERVICES
TECH MAHINDRA
APRIL 27 @ALLIESFIN
ABB INDIA
AXIS BANK
BAJAJ FINANCE
BRITANNIA INDUSTRIES
GATEWAY DISTRIPARKS
HDFC ASSET MANAGEMENT COMPANY
HINDUSTAN ZINC
INDIAN ENERGY EXCHANGE
MARUTI SUZUKI INDIA
NIPPON LIFE INDIA ASSET MANAGEMENT
PNB HOUSING FINANCE
SANOFI INDIA
SYMPHONY
SYNGENE INTERNATIONAL
TATA INVESTMENT CORPORATION
TVS MOTOR COMPANY
UNITED BREWERIES
VST INDUSTRIES
APRIL 28
BAJAJ FINSERV
BIOCON
BOMBAY DYEING
CARBORUNDUM UNIVERSAL
CHENNAI PETROLEUM CORPORATION
GHCL
HATHWAY CABLE & DATACOM
K P R MILL
KPIT TECHNOLOGIES
KSB
MAHARASHTRA SCOOTERS
MAHINDRA LIFESPACE DEVELOPERS
SIS
TATA COMMUNICATIONS
APRIL 29 EXPIRY DAY
AAVAS FINANCIERS LTD 22-APR-2021
AMBUJA CEMENTS
BAJAJ AUTO
BAJAJ HOLDINGS & INVESTMENT
COROMANDEL INTERNATIONAL
DALMIA BHARAT
EXIDE INDUSTRIES
HINDUSTAN UNILEVER
INDIAMART INTERMESH
INOX LEISURE
L&T FINANCE HOLDINGS
LAURUS LABS
MAHINDRA CIE AUTOMOTIVE
MAHINDRA LOGISTICS
MOTILAL OSWAL FINANCIAL SERVICES
PERSISTENT SYSTEMS
RAIN INDUSTRIES
SHRIRAM TRANSPORT FINANCE COMPANY
STERLITE TECHNOLOGIES
TATA COFFEE
TITAN COMPANY
ZENSAR TECHNOLOGIES
APRIL 30
AJANTA PHARMA
ATUL LTD
CAN FIN HOMES
INDIAN HOTELS CO
INDUSIND BANK
MARICO
SHRIRAM CITY UNION FINANCE
TRENT LTD
By: via @AlliesFin Serve Stock Market
NEXT WEEK EARNINGS
APRIL 26
ALOK INDUSTRIES
AU SMALL FINANCE BANK
CASTROL INDIA
HDFC LIFE INSURANCE COMPANY
SBI CARDS & PAYMENT SERVICES
TECH MAHINDRA
APRIL 27 @ALLIESFIN
ABB INDIA
AXIS BANK
BAJAJ FINANCE
BRITANNIA INDUSTRIES
GATEWAY DISTRIPARKS
HDFC ASSET MANAGEMENT COMPANY
HINDUSTAN ZINC
INDIAN ENERGY EXCHANGE
MARUTI SUZUKI INDIA
NIPPON LIFE INDIA ASSET MANAGEMENT
PNB HOUSING FINANCE
SANOFI INDIA
SYMPHONY
SYNGENE INTERNATIONAL
TATA INVESTMENT CORPORATION
TVS MOTOR COMPANY
UNITED BREWERIES
VST INDUSTRIES
APRIL 28
BAJAJ FINSERV
BIOCON
BOMBAY DYEING
CARBORUNDUM UNIVERSAL
CHENNAI PETROLEUM CORPORATION
GHCL
HATHWAY CABLE & DATACOM
K P R MILL
KPIT TECHNOLOGIES
KSB
MAHARASHTRA SCOOTERS
MAHINDRA LIFESPACE DEVELOPERS
SIS
TATA COMMUNICATIONS
APRIL 29 EXPIRY DAY
AAVAS FINANCIERS LTD 22-APR-2021
AMBUJA CEMENTS
BAJAJ AUTO
BAJAJ HOLDINGS & INVESTMENT
COROMANDEL INTERNATIONAL
DALMIA BHARAT
EXIDE INDUSTRIES
HINDUSTAN UNILEVER
INDIAMART INTERMESH
INOX LEISURE
L&T FINANCE HOLDINGS
LAURUS LABS
MAHINDRA CIE AUTOMOTIVE
MAHINDRA LOGISTICS
MOTILAL OSWAL FINANCIAL SERVICES
PERSISTENT SYSTEMS
RAIN INDUSTRIES
SHRIRAM TRANSPORT FINANCE COMPANY
STERLITE TECHNOLOGIES
TATA COFFEE
TITAN COMPANY
ZENSAR TECHNOLOGIES
APRIL 30
AJANTA PHARMA
ATUL LTD
CAN FIN HOMES
INDIAN HOTELS CO
INDUSIND BANK
MARICO
SHRIRAM CITY UNION FINANCE
TRENT LTD
By: via @AlliesFin Serve Stock Market
Thursday 22 April 2021
@AlliesFin Serve Stock Market's Post
22/4/2021
BSE:+374(48080)
NSE:+109(14406)
MID:+55(19921)
SML:+123(20898)
FII|FPI:-909Cr
DII:+849Cr
B.Crude: 64
Gold$:1785=INR:47522
Silver: 68784
$/Rs: 74.95
5.85 : 2030 G-Sec: 6.05
NSE PE: 32.22
Join @AlliesFin
By: via @AlliesFin Serve Stock Market
BSE:+374(48080)
NSE:+109(14406)
MID:+55(19921)
SML:+123(20898)
FII|FPI:-909Cr
DII:+849Cr
B.Crude: 64
Gold$:1785=INR:47522
Silver: 68784
$/Rs: 74.95
5.85 : 2030 G-Sec: 6.05
NSE PE: 32.22
Join @AlliesFin
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Mkt. Updates :*
*SGX Nifty -125 pts (14165) from Tuesday's last trade 14290 ,*
Nikkei +451 pts ,
Hangseng +95 pts ,
Now @6.52am .
Dow +316.01 pts ,Nsdq +163.95 pts, S&P
+38.48 pts, Bovespa -871 pts , Ftse +35 pts , Dax +66 pts , Cac +45 pts , Crude @ $61.19 brl (-0.17), Brent @ $65.14 brl (-0.17) , Gold @ 1794.30 (+1.20), Silver @ $26.565 (-0.01), Euro @ $1.2034, JPY @ $108.00, INR @ 75.435
*US GOVT. 10-YEAR YIELD : 1.54%*
*Today's Corporate Action, 22nd Apr Ex Date :*
ASHFL
E.G.M.
CASTROLIND
Final Dividend - Rs. - 3.0000
MUTHOOTFIN
Interim Dividend - Rs. - 20.0000
NGIL
E.G.M.
*Today's Key Results/Board Meetings, 22-Apr-21 :*
AMAL
Audited Results
ANGELBRKG
Interim Dividend
CYIENT
Audited Results;Final Dividend
FCL
Audited Results;Final Dividend
FILATEX
Audited Results;Final Dividend
HINDBIO
Audited Results
INDBANK
Audited Results;General
INDBNK
Audited Results;General
INDSOYA
General
INDUSTOWER
Audited Results
RALLIS
Audited Results;Final Dividend
RAWEDGE
Bonus issue;Increase in Authorised Capital
SASKEN
Audited Results;Final Dividend;General;Quarterly Results
TATAELXSI
Audited Results;Final Dividend
VISAKAIND
Audited Results;Final Dividend
*SEC. IN F&O BAN FOR , 22-Apr-21 :*
1. SAIL 2. SUNTV
By: via @AlliesFin Serve Stock Market
*SGX Nifty -125 pts (14165) from Tuesday's last trade 14290 ,*
Nikkei +451 pts ,
Hangseng +95 pts ,
Now @6.52am .
Dow +316.01 pts ,Nsdq +163.95 pts, S&P
+38.48 pts, Bovespa -871 pts , Ftse +35 pts , Dax +66 pts , Cac +45 pts , Crude @ $61.19 brl (-0.17), Brent @ $65.14 brl (-0.17) , Gold @ 1794.30 (+1.20), Silver @ $26.565 (-0.01), Euro @ $1.2034, JPY @ $108.00, INR @ 75.435
*US GOVT. 10-YEAR YIELD : 1.54%*
*Today's Corporate Action, 22nd Apr Ex Date :*
ASHFL
E.G.M.
CASTROLIND
Final Dividend - Rs. - 3.0000
MUTHOOTFIN
Interim Dividend - Rs. - 20.0000
NGIL
E.G.M.
*Today's Key Results/Board Meetings, 22-Apr-21 :*
AMAL
Audited Results
ANGELBRKG
Interim Dividend
CYIENT
Audited Results;Final Dividend
FCL
Audited Results;Final Dividend
FILATEX
Audited Results;Final Dividend
HINDBIO
Audited Results
INDBANK
Audited Results;General
INDBNK
Audited Results;General
INDSOYA
General
INDUSTOWER
Audited Results
RALLIS
Audited Results;Final Dividend
RAWEDGE
Bonus issue;Increase in Authorised Capital
SASKEN
Audited Results;Final Dividend;General;Quarterly Results
TATAELXSI
Audited Results;Final Dividend
VISAKAIND
Audited Results;Final Dividend
*SEC. IN F&O BAN FOR , 22-Apr-21 :*
1. SAIL 2. SUNTV
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Economic Times
Business Standard
Ø Care Ratings revises India's GDP growth forecast to 10.2 pc for FY22
Ø Consumer confidence weakens in April: Survey
Ø ReNew Power commissions 105 mw solar project in Gujarat
Ø Tata Steel & HSBC execute a blockchain-enabled, paperless trade transaction
Ø Hero MotoCorp tied up with Gogoro Inc for electric mobility solutions
Ø VAV Lifesciences to supply key COVID vaccine ingredient to Pfizer, Moderna
Ø LIC paid Rs 1.34 trn as claims to policyholders in FY21, marking growth
Ø Discoms overdues falls by over Rs 151 bn to Rs 740 bn in Mar: Report
Ø Industry ready to strengthen capacity, back-end infra despite second wave
Ø IndiGo to acquire four A321ceo planes, convert them into freighter aircraft
Ø DCB Bank acquires equity stake in Bengaluru-based Techfino Capital
Ø Merger of TV18 Broadcast, Hathway, Den Networks into Network18 called off
Business Line
Mint
Ø Insurers eye increase in third party motor premium
Ø Vedanta offers medical oxygen from shuttered Sterlite copper plant
Ø Phillips Carbon Black net jumps 76% in March quarter
Ø KEC International wins new orders worth ₹1,245 crore
Ø Finance Minister assures “seamless supply” of medical oxygen to States
Ø Tech Mahindra acquires DigitalOnUS for $120 million
Ø Bharat Biotech's Covaxin shows 78% efficacy in phase-3 interim analysis
Ø ICICI Securities March quarter profit jumps two-fold to Rs329 crore
Ø Canara Robeco Mutual Fund to launch focused equity fund
Ø Tiger-backed KredX to ramp up disbursements to Rs1,000 cr this fiscal
Ø Chinese Edtech Startup Zuoyebang plans US IPO to raise $500 million
Financial Express
Deccan Chronicle
Ø India ranks 87th in global energy transition index
Ø Indian Gas Exchange commences gas trade from 2 new hubs in Maharashtra
Ø NPAs Of State-Owned Banks May Cross 18 % In Extreme Case Scenario: RBI Ex-Deputy Governor Khan
Ø Private Life Insurers' New Premium Income Grows 8 % In FY21
By: via @AlliesFin Serve Stock Market
Business Standard
Ø Care Ratings revises India's GDP growth forecast to 10.2 pc for FY22
Ø Consumer confidence weakens in April: Survey
Ø ReNew Power commissions 105 mw solar project in Gujarat
Ø Tata Steel & HSBC execute a blockchain-enabled, paperless trade transaction
Ø Hero MotoCorp tied up with Gogoro Inc for electric mobility solutions
Ø VAV Lifesciences to supply key COVID vaccine ingredient to Pfizer, Moderna
Ø LIC paid Rs 1.34 trn as claims to policyholders in FY21, marking growth
Ø Discoms overdues falls by over Rs 151 bn to Rs 740 bn in Mar: Report
Ø Industry ready to strengthen capacity, back-end infra despite second wave
Ø IndiGo to acquire four A321ceo planes, convert them into freighter aircraft
Ø DCB Bank acquires equity stake in Bengaluru-based Techfino Capital
Ø Merger of TV18 Broadcast, Hathway, Den Networks into Network18 called off
Business Line
Mint
Ø Insurers eye increase in third party motor premium
Ø Vedanta offers medical oxygen from shuttered Sterlite copper plant
Ø Phillips Carbon Black net jumps 76% in March quarter
Ø KEC International wins new orders worth ₹1,245 crore
Ø Finance Minister assures “seamless supply” of medical oxygen to States
Ø Tech Mahindra acquires DigitalOnUS for $120 million
Ø Bharat Biotech's Covaxin shows 78% efficacy in phase-3 interim analysis
Ø ICICI Securities March quarter profit jumps two-fold to Rs329 crore
Ø Canara Robeco Mutual Fund to launch focused equity fund
Ø Tiger-backed KredX to ramp up disbursements to Rs1,000 cr this fiscal
Ø Chinese Edtech Startup Zuoyebang plans US IPO to raise $500 million
Financial Express
Deccan Chronicle
Ø India ranks 87th in global energy transition index
Ø Indian Gas Exchange commences gas trade from 2 new hubs in Maharashtra
Ø NPAs Of State-Owned Banks May Cross 18 % In Extreme Case Scenario: RBI Ex-Deputy Governor Khan
Ø Private Life Insurers' New Premium Income Grows 8 % In FY21
By: via @AlliesFin Serve Stock Market
Tuesday 20 April 2021
@AlliesFin Serve Stock Market's Post
INDIA PM MODI SAYS THE CHALLENGE BEFORE IS BIG BUT WE HAVE TO OVERCOME IT WITH OUR RESOLVE, COURAGE AND PREPARATION.
INDIA PM MODI SAYS WE ARE FACING THE SECOND WAVE OF COVID19 NOW. I UNDERSTAND THE PAIN YOU ARE GOING THROUGH AND EXPRESS MY SYMPATHIES TO THE FAMILIES WHO HAVE LOST THEIR LOVED ONES DUE TO COVID.
INDIA PM MODI SAYS THE CHALLENGE BEFORE IS BIG BUT WE HAVE TO OVERCOME IT WITH OUR RESOLVE, COURAGE AND PREPARATION.
INDIA PM MODI SAYS THE DEMAND FOR OXYGEN HAS INCREASED IN MANY PARTS OF THE COUNTRY. THE CENTRE, STATE GOVT, PRIVATE SECTOR ARE TRYING TO MAKE OXYGEN AVAILABLE TO ALL THOSE WHO ARE IN NEED OF IT. MANY STEPS ARE BEING TAKEN IN THIS DIRECTION.
WORK IS ON TO INCREASE THE NUMBER OF BEDS IN HOSPITALS. IN SOME CITIES, LARGE COVID19 DEDICATED HOSPITALS ARE BEING BUILT: INDIA PM MODI DURING AN ADDRESS TO THE NATION ON THE COVID19 SITUATION.
INDIA PM MODI SAYS INDIA WITH TWO 'MADE IN INDIA' VACCINES STARTED THE WORLD'S LARGEST VACCINATION PROGRAM. TILL NOW, MORE THAN 12 CRORE VACCINE DOSES HAVE BEEN ADMINISTERED. FROM 1ST MAY, THOSE ABOVE THE AGE OF 18 YEARS CAN BE VACCINATED.
INDIA PM MODI SAYS ALL MANUFACTURED VACCINES WILL NOW BE DISTRIBUTED TO ALL STATES AND TO EVERY INCOME LEVEL. ALL GOVERNMENT HOSPITALS WILL BE CONTINUING TO CARRY OUT FREE VACCINATION.
INDIAN PM MODI SAYS SCIENTIFIC, REGULATORY EFFORTS BEING RAMPED UP FOR COVID-19 VACCINE PRODUCTION, DISTRIBUTION.
INDIA PM MODI SAYS PHARMA SECTOR WORKING RELENTLESSLY TO MEET ALL COVID-19 CHALLENGES, INCLUDING ON VACCINE DEVELOPMENT, USAGE OF RIGHT MEDICINES.
By: via @AlliesFin Serve Stock Market
INDIA PM MODI SAYS WE ARE FACING THE SECOND WAVE OF COVID19 NOW. I UNDERSTAND THE PAIN YOU ARE GOING THROUGH AND EXPRESS MY SYMPATHIES TO THE FAMILIES WHO HAVE LOST THEIR LOVED ONES DUE TO COVID.
INDIA PM MODI SAYS THE CHALLENGE BEFORE IS BIG BUT WE HAVE TO OVERCOME IT WITH OUR RESOLVE, COURAGE AND PREPARATION.
INDIA PM MODI SAYS THE DEMAND FOR OXYGEN HAS INCREASED IN MANY PARTS OF THE COUNTRY. THE CENTRE, STATE GOVT, PRIVATE SECTOR ARE TRYING TO MAKE OXYGEN AVAILABLE TO ALL THOSE WHO ARE IN NEED OF IT. MANY STEPS ARE BEING TAKEN IN THIS DIRECTION.
WORK IS ON TO INCREASE THE NUMBER OF BEDS IN HOSPITALS. IN SOME CITIES, LARGE COVID19 DEDICATED HOSPITALS ARE BEING BUILT: INDIA PM MODI DURING AN ADDRESS TO THE NATION ON THE COVID19 SITUATION.
INDIA PM MODI SAYS INDIA WITH TWO 'MADE IN INDIA' VACCINES STARTED THE WORLD'S LARGEST VACCINATION PROGRAM. TILL NOW, MORE THAN 12 CRORE VACCINE DOSES HAVE BEEN ADMINISTERED. FROM 1ST MAY, THOSE ABOVE THE AGE OF 18 YEARS CAN BE VACCINATED.
INDIA PM MODI SAYS ALL MANUFACTURED VACCINES WILL NOW BE DISTRIBUTED TO ALL STATES AND TO EVERY INCOME LEVEL. ALL GOVERNMENT HOSPITALS WILL BE CONTINUING TO CARRY OUT FREE VACCINATION.
INDIAN PM MODI SAYS SCIENTIFIC, REGULATORY EFFORTS BEING RAMPED UP FOR COVID-19 VACCINE PRODUCTION, DISTRIBUTION.
INDIA PM MODI SAYS PHARMA SECTOR WORKING RELENTLESSLY TO MEET ALL COVID-19 CHALLENGES, INCLUDING ON VACCINE DEVELOPMENT, USAGE OF RIGHT MEDICINES.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Market Outlook :
(20 April )
US market 123 Points Down
Asian market Negative
SGX NIFTY 30 points UP
Trend on SGXNIFTY indicates a Negative Opening for index.
Market view : @A1GuruKulam
Market would open Negative.
Analysis would remain same.
Good recovery in last session from low.Today 14400 is key level for trading.
Trend is very clear that its downside.pumping and dumping going on in market.
So every rise become good opportunity to exit from longs or to make new short.
Nifty and bank nifty would enter in positive zone once it close above 14720 and 32920 respectively.
Intraday level can help to take a trade in intra day set up.
Nifty : Bearish
Banknifty : Bearish
Nifty levels
Today's resistance
14440-14520
Today's support
14320-14250
Bank nifty levels
Today's resistance
31450-31710
Today's support
31120-30760
Market outlook view is just for educational purpose.
Disclaimer Note : all opinions views shared on any social media channels or digital platforms of A1Gurukulam are personal and are for educational and motivational purpose only. Trading and investing involves risk of capital so Kindly consult your financial planner or advisor before taking decision.
If you feel any content is improper or needs any change so kindly
Write us @A1GuruKulamteam
Join us on telegram @A1GuruKulam
Market would open Negative.
Analysis would remain same.
Good recovery in last session from low.Today 14400 is key level for trading.
Trend is very clear that its downside.pumping and dumping going on in market.
So every rise become good opportunity to exit from longs or to make new short.
Nifty and bank nifty would enter in positive zone once it close above 14720 and 32920 respectively.
Intraday level can help to take a trade in intra day set up.
Nifty : Bearish
Banknifty : Bearish
Nifty levels
Today's resistance
14440-14520
Today's support
14320-14250
Bank nifty levels
Today's resistance
31450-31710
Today's support
31120-30760
Market outlook view is just for educational purpose.
Disclaimer Note : all opinions views shared on any social media channels or digital platforms of A1Gurukulam are personal and are for educational and motivational purpose only. Trading and investing involves risk of capital so Kindly consult your financial planner or advisor before taking decision.
If you feel any content is improper or needs any change so kindly
Write us @A1GuruKulamteam
Join us on telegram @A1Gurukulam
By: via @AlliesFin Serve Stock Market
(20 April )
US market 123 Points Down
Asian market Negative
SGX NIFTY 30 points UP
Trend on SGXNIFTY indicates a Negative Opening for index.
Market view : @A1GuruKulam
Market would open Negative.
Analysis would remain same.
Good recovery in last session from low.Today 14400 is key level for trading.
Trend is very clear that its downside.pumping and dumping going on in market.
So every rise become good opportunity to exit from longs or to make new short.
Nifty and bank nifty would enter in positive zone once it close above 14720 and 32920 respectively.
Intraday level can help to take a trade in intra day set up.
Nifty : Bearish
Banknifty : Bearish
Nifty levels
Today's resistance
14440-14520
Today's support
14320-14250
Bank nifty levels
Today's resistance
31450-31710
Today's support
31120-30760
Market outlook view is just for educational purpose.
Disclaimer Note : all opinions views shared on any social media channels or digital platforms of A1Gurukulam are personal and are for educational and motivational purpose only. Trading and investing involves risk of capital so Kindly consult your financial planner or advisor before taking decision.
If you feel any content is improper or needs any change so kindly
Write us @A1GuruKulamteam
Join us on telegram @A1GuruKulam
Market would open Negative.
Analysis would remain same.
Good recovery in last session from low.Today 14400 is key level for trading.
Trend is very clear that its downside.pumping and dumping going on in market.
So every rise become good opportunity to exit from longs or to make new short.
Nifty and bank nifty would enter in positive zone once it close above 14720 and 32920 respectively.
Intraday level can help to take a trade in intra day set up.
Nifty : Bearish
Banknifty : Bearish
Nifty levels
Today's resistance
14440-14520
Today's support
14320-14250
Bank nifty levels
Today's resistance
31450-31710
Today's support
31120-30760
Market outlook view is just for educational purpose.
Disclaimer Note : all opinions views shared on any social media channels or digital platforms of A1Gurukulam are personal and are for educational and motivational purpose only. Trading and investing involves risk of capital so Kindly consult your financial planner or advisor before taking decision.
If you feel any content is improper or needs any change so kindly
Write us @A1GuruKulamteam
Join us on telegram @A1Gurukulam
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Business Standard :*
Ø US Treasury report designates India a currency manipulator, due to huge dollar purchases
Ø Pandemic Impact: Loan pool sales halve in FY 2021 - Crisil
Ø India's y-o-y export of oilmeal jumps 82% in March 2021
Ø India to fund capacity boost at Serum Institute as vaccines run short: Source
Ø Second Covid wave impacting two-wheeler sales harder: Report
Ø India may build new coal plants due to low cost despite climate change
Ø ACC consolidated Q4 PAT up 74% to Rs 563 cr on highest ever revenue surge
Ø Covid hurts working cap, top-500 cos' cash cycles stretched by 6 days: EY
Ø 'FTP benefits are available against settlement of claims by ECGC'
Ø RBI constitutes six-member panel headed by former ED to review ARCs
Ø Global steel price surge leaves scope for hike in domestic market
Ø Drug maker Caplin Steriles gets USFDA approval for an injection
Business Line
*Mint :*
Ø Corporate funding in solar sector up 21% at $8.1 b in Q1 2021: Mercom Capital
Ø IFFCO to set up 4 oxygen plants in next 15 days at ₹30 crore
Ø BPCL-Kochi Refinery starts supply of medical oxygen to govt hospitals
Ø Bajaj Consumer posts over two-fold jump in Q4 profit at ₹55 cr
Ø Coca-Cola posts strong Q1 growth in India
Ø Druva raises $147 million to extend its market leadership
Ø Govt rolls out Rs945 crore Seed Fund scheme to support early-stage startups
Ø National lockdown can dent GDP growth by 2%: Report
Ø RBI sets up committee to review ARC regulations
Ø Indian Oil provides oxygen to Delhi, Haryana, Punjab hospitals for free
Ø DII net buyers of shares for second month in a row in April
Ø L&T completes 75 years of construction, mining machinery business
Financial Express
*Business World :*
Ø New Covid surge may upend fuel demand recovery
Ø SC stays proceedings before Delhi HC in Amazon Future case
Ø ESAF Small Finance Bank Raises Rs 162 Cr Via Preferential Allotment
Ø HCL Tech Inks Multi-Million Dollar Deal With UD Trucks
By: via @AlliesFin Serve Stock Market
Ø US Treasury report designates India a currency manipulator, due to huge dollar purchases
Ø Pandemic Impact: Loan pool sales halve in FY 2021 - Crisil
Ø India's y-o-y export of oilmeal jumps 82% in March 2021
Ø India to fund capacity boost at Serum Institute as vaccines run short: Source
Ø Second Covid wave impacting two-wheeler sales harder: Report
Ø India may build new coal plants due to low cost despite climate change
Ø ACC consolidated Q4 PAT up 74% to Rs 563 cr on highest ever revenue surge
Ø Covid hurts working cap, top-500 cos' cash cycles stretched by 6 days: EY
Ø 'FTP benefits are available against settlement of claims by ECGC'
Ø RBI constitutes six-member panel headed by former ED to review ARCs
Ø Global steel price surge leaves scope for hike in domestic market
Ø Drug maker Caplin Steriles gets USFDA approval for an injection
Business Line
*Mint :*
Ø Corporate funding in solar sector up 21% at $8.1 b in Q1 2021: Mercom Capital
Ø IFFCO to set up 4 oxygen plants in next 15 days at ₹30 crore
Ø BPCL-Kochi Refinery starts supply of medical oxygen to govt hospitals
Ø Bajaj Consumer posts over two-fold jump in Q4 profit at ₹55 cr
Ø Coca-Cola posts strong Q1 growth in India
Ø Druva raises $147 million to extend its market leadership
Ø Govt rolls out Rs945 crore Seed Fund scheme to support early-stage startups
Ø National lockdown can dent GDP growth by 2%: Report
Ø RBI sets up committee to review ARC regulations
Ø Indian Oil provides oxygen to Delhi, Haryana, Punjab hospitals for free
Ø DII net buyers of shares for second month in a row in April
Ø L&T completes 75 years of construction, mining machinery business
Financial Express
*Business World :*
Ø New Covid surge may upend fuel demand recovery
Ø SC stays proceedings before Delhi HC in Amazon Future case
Ø ESAF Small Finance Bank Raises Rs 162 Cr Via Preferential Allotment
Ø HCL Tech Inks Multi-Million Dollar Deal With UD Trucks
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*MKT. UPDATES :*
*SGX Nifty -18 pts (14366) from last trade 14384 ,*
Nikkei -525 pts ,
Hangseng -143 pts ,
Now @6.58am .
Dow -123.04 pts ,Nsdq -137.58 pts, S&P
-22.21 pts, Bovespa -180 pts , Ftse -19 pts , Dax -91 pts , Cac +9 pts , Crude @ $63.54 brl (+0.16), Brent @ $67.05 brl (-0.26) , Gold @ 1771.20 (+0.60), Silver @ $25.865 (+0.02), Euro @ $1.2041, JPY @ $108.08, INR @ 74.855
*US GOVT. 10-YEAR YIELD : 1.60%*
*Today's Corporate Action, 20th Apr Ex Date :*
NIL
*Today's Key Results/Board Meetings, 20-Apr-21 :*
5PAISA
Audited Results;General;Quarterly Results
CHANDRIMA
Audited Results
DHPIND
General
INTENTECH
Employees Stock Option Plan;Issue Of Warrants
NESTLEIND
Interim Dividend;Quarterly Results
NETWORK18
Audited Results
NIDL
Audited Results
RSYSTEMINT
A.G.M.;General
SRIND
General
SWARAJENG
Dividend;Audited Results
TATASTLLP
Audited Results;Final Dividend
TCIIND
General;Preferential Issue of shares
TV18BRDCST
Audited Results
WELINV
Audited Results
*SEC. IN F&O BAN FOR 20-Apr-21 :*
1. SAIL 2. SUNTV
By: via @AlliesFin Serve Stock Market
*SGX Nifty -18 pts (14366) from last trade 14384 ,*
Nikkei -525 pts ,
Hangseng -143 pts ,
Now @6.58am .
Dow -123.04 pts ,Nsdq -137.58 pts, S&P
-22.21 pts, Bovespa -180 pts , Ftse -19 pts , Dax -91 pts , Cac +9 pts , Crude @ $63.54 brl (+0.16), Brent @ $67.05 brl (-0.26) , Gold @ 1771.20 (+0.60), Silver @ $25.865 (+0.02), Euro @ $1.2041, JPY @ $108.08, INR @ 74.855
*US GOVT. 10-YEAR YIELD : 1.60%*
*Today's Corporate Action, 20th Apr Ex Date :*
NIL
*Today's Key Results/Board Meetings, 20-Apr-21 :*
5PAISA
Audited Results;General;Quarterly Results
CHANDRIMA
Audited Results
DHPIND
General
INTENTECH
Employees Stock Option Plan;Issue Of Warrants
NESTLEIND
Interim Dividend;Quarterly Results
NETWORK18
Audited Results
NIDL
Audited Results
RSYSTEMINT
A.G.M.;General
SRIND
General
SWARAJENG
Dividend;Audited Results
TATASTLLP
Audited Results;Final Dividend
TCIIND
General;Preferential Issue of shares
TV18BRDCST
Audited Results
WELINV
Audited Results
*SEC. IN F&O BAN FOR 20-Apr-21 :*
1. SAIL 2. SUNTV
By: via @AlliesFin Serve Stock Market
Monday 19 April 2021
@AlliesFin Serve Stock Market's Post
major results this week
Monday – ACC, Bajaj Consumers, CRISIL and ICICI Prudential
Tuesday – Nestle, Network 18, Swaraj Engines, Tata Steel Long, TV18 Boardcast
Wednesday – ICICI Securities, Philips Carbon, Tata Steel BSL, Tejas Network and VST Ind.
Thursday – Cyient, Fineotex Chem, Indus Tower, Rallis India, Tata Elxsi, Visaka Ind.
Friday – HCL Tech, M&M Finance, Control Print and GNA Axles.
Saturday – ICICI Bank
By: via @AlliesFin Serve Stock Market
Monday – ACC, Bajaj Consumers, CRISIL and ICICI Prudential
Tuesday – Nestle, Network 18, Swaraj Engines, Tata Steel Long, TV18 Boardcast
Wednesday – ICICI Securities, Philips Carbon, Tata Steel BSL, Tejas Network and VST Ind.
Thursday – Cyient, Fineotex Chem, Indus Tower, Rallis India, Tata Elxsi, Visaka Ind.
Friday – HCL Tech, M&M Finance, Control Print and GNA Axles.
Saturday – ICICI Bank
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Input GST – CGST, SGST, IGST is on trading expenses is deductible as a valid business expense. Only if is the trader has no GST registration. If the trader has registration under GST, they can claim the credit of Input GST against Output GST. Hence, they are not allowed double deductions.
Tax on Income – Tax paid on income such as Income Tax or tax paid on sales such as GST cannot be claimed as a business expense
Have any questions ?
Have any queries for trading income, ask us on
TaxQnA and we will answer it in the simplest way!
Ask
Note: Trader having income they classify Capital Gains cannot claim any trading expense except Brokerage. This can happen in the case of traders investing in equity delivery and mutual funds.
Confused on how to classify income from sale of shares?
Read here to understand if this income classifies as Business Income or Capital gains!
Read More
Expenses which a Trader cannot claim in Income Tax Return
Personal Expenses – An expense incurred for personal purposes is not deductible.
Fines & Penalties – The non-compliance or delay in compliance attracts interest and penal consequences. Hence, interest, fine, late fee, penalty, etc. are not a valid deductible.
Tax – Any form of Tax paid on the income earned is not deductible as an expense. For example Income Tax, Advance Tax, GST etc
Cash Payment – If an expense has been paid in cash for an amount exceeding Rs. 20,000, it cannot be claimed as an expense. Additionally, there are exceptions to this mentioned under rule 6DD of the Indian Income Tax Act
TDS not deposited – If tax is not deducted at source or not deposited, then such expense is not deductible. These expenses include interest, commission, rent, royalty, professional or technical fees paid or payable to any person in India.
Points to remember for Trader who claims Business Expenses
The invoice should be in the name of the trader and the invoice date should fall in the relevant financial year
If a trader incurs an expense for both personal and business purpose, he/she should claim a reasonable portion towards business
The trader should preserve the bills, invoices, or any other proofs of the payments made. You need to submit proofs during the process of Tax Audit by a Chartered Accountant. If the Income Tax Department issues a notice, these proofs justify expenses claimed.
If a trader uses some specified services, he/she should deduct TDS as per the applicable TDS section. For example, Mr. X, a trader obtained the services of a professional CA for auditing his books of accounts and filing ITR. Mr. X should deduct TDS u/s 194J on making payment to the Chartered Accountant. He should deposit the TDS and file TDS Return Form 26Q
The trader should not pay expenses in cash. The cash payment made to a single person in a day should not exceed Rs. 10,000. Thus, pay expenses using modes other than cash
While calculating Income Tax on trading, the trader can claim deductions under chapter VI-A. This includes LIC premium (80C), medical insurance premium (80D), interest on an educational loan (80E), etc.
If the income from business or profession is more than Rs.1,50,000 or the total sales or gross receipts is more than Rs.25 lacs in any of the preceding 3 years, then you must maintain books of accounts which can help the Assessing Officer to calculate the taxable income as per the Income Tax Act
If a trader opts for Presumptive Scheme u/s 44AD, they cannot claim expenses. This is because they are not required to maintain books of accounts.
A trader having Business Income should claim valid business expenses in the P&L Statement. They also need to prepare financial statements and file ITR-3. The trader also needs to calculate the trading T/O and determine the applicability of Tax Audit to file ITR.
By: via @AlliesFin Serve Stock Market
Tax on Income – Tax paid on income such as Income Tax or tax paid on sales such as GST cannot be claimed as a business expense
Have any questions ?
Have any queries for trading income, ask us on
TaxQnA and we will answer it in the simplest way!
Ask
Note: Trader having income they classify Capital Gains cannot claim any trading expense except Brokerage. This can happen in the case of traders investing in equity delivery and mutual funds.
Confused on how to classify income from sale of shares?
Read here to understand if this income classifies as Business Income or Capital gains!
Read More
Expenses which a Trader cannot claim in Income Tax Return
Personal Expenses – An expense incurred for personal purposes is not deductible.
Fines & Penalties – The non-compliance or delay in compliance attracts interest and penal consequences. Hence, interest, fine, late fee, penalty, etc. are not a valid deductible.
Tax – Any form of Tax paid on the income earned is not deductible as an expense. For example Income Tax, Advance Tax, GST etc
Cash Payment – If an expense has been paid in cash for an amount exceeding Rs. 20,000, it cannot be claimed as an expense. Additionally, there are exceptions to this mentioned under rule 6DD of the Indian Income Tax Act
TDS not deposited – If tax is not deducted at source or not deposited, then such expense is not deductible. These expenses include interest, commission, rent, royalty, professional or technical fees paid or payable to any person in India.
Points to remember for Trader who claims Business Expenses
The invoice should be in the name of the trader and the invoice date should fall in the relevant financial year
If a trader incurs an expense for both personal and business purpose, he/she should claim a reasonable portion towards business
The trader should preserve the bills, invoices, or any other proofs of the payments made. You need to submit proofs during the process of Tax Audit by a Chartered Accountant. If the Income Tax Department issues a notice, these proofs justify expenses claimed.
If a trader uses some specified services, he/she should deduct TDS as per the applicable TDS section. For example, Mr. X, a trader obtained the services of a professional CA for auditing his books of accounts and filing ITR. Mr. X should deduct TDS u/s 194J on making payment to the Chartered Accountant. He should deposit the TDS and file TDS Return Form 26Q
The trader should not pay expenses in cash. The cash payment made to a single person in a day should not exceed Rs. 10,000. Thus, pay expenses using modes other than cash
While calculating Income Tax on trading, the trader can claim deductions under chapter VI-A. This includes LIC premium (80C), medical insurance premium (80D), interest on an educational loan (80E), etc.
If the income from business or profession is more than Rs.1,50,000 or the total sales or gross receipts is more than Rs.25 lacs in any of the preceding 3 years, then you must maintain books of accounts which can help the Assessing Officer to calculate the taxable income as per the Income Tax Act
If a trader opts for Presumptive Scheme u/s 44AD, they cannot claim expenses. This is because they are not required to maintain books of accounts.
A trader having Business Income should claim valid business expenses in the P&L Statement. They also need to prepare financial statements and file ITR-3. The trader also needs to calculate the trading T/O and determine the applicability of Tax Audit to file ITR.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
What Expenses Can a Trader claim in Income Tax Return ?
author portrait
Sakshi Shah
@Alliesfin
F&O Trading
income from trading
Income Tax
ITR-3
A trader can claim all the expenses directly connected to the trading income as a deductible. The expenses incurred should be wholly and exclusively in relation to business and professional income. Therefore, these expenses include business expenses such as:
Rent Expense – If the trader has an office in rented premises, you can claim the rent paid as a valid expense. Hence, you must save the rent receipts and rent agreement for future references.
Insurance Expense – You can claim insurance expenses on assets used for business purposes.
Repairs & Maintenance – Expense paid for repairs of the laptop, furniture, or any other equipment for business purposes are deductible.
Office Supplies – Expense like stationery expense, printing expense, tea coffee expenses, etc. is a valid deductible.
Electricity Expense – Electricity Expense for office claimed as an expense is deductible. If you are working from home, you can claim electricity expenses proportionally.
Membership Fees– If you pay any membership fee for a trading platform or for a platform related to trading, it is deductible. For example, a trader can claim the membership fee paid for becoming a member of the trader’s club. However, if he pays membership fees of a golf club for his recreational purpose, it cannot be claimed
Legal & Professional Fees– Any fee paid to a professional for their services is deductible as a valid expense. This includes tax return filing, tax audit, legal advice, consultancy services, etc.
Books & Subscriptions – If a trader pays for subscriptions of magazines or purchased books related to trading, it is deductible.
Depreciation – It means claiming the cost of the asset as expense over the life of the asset. As per the IT Act, we cannot claim the cost of the asset as an expense; however, you can claim the depreciation on the asset as an expense. For example, You have purchased a high-end computer for Rs 10 lakhs. The depreciation rate is 60%. Hence, you can claim 6 lakhs as depreciation in the 1st year (10,00,000*60%). And can carry forward the remaining amount to next year.
Mobile & Internet Expense – Expense incurred to pay mobile bills, telephone bills and internet charges can be claimed. It is deductible if the expense if it is for business purpose.
Finance Costs – If you take a loan for your trading business, you can claim interest paid on such a loan as a deductible expense.
Trading Expenses – All charges and expenses paid for the purpose of trading are deductible. This includes Brokerage, Turnover Fees, Clearing Charges, Exchange Transaction Charges, STT, Stamp Duty, GST, etc.
Other Business Expenses – Any other expense that is directly related to your trading business can be claimed as a valid expense
ITR for F&O Traders
CA Assisted Income Tax Return filing for Individuals and HUFs having income from F&O/ Derivatives Trading.
@ALLIESFIN
[Rated 4.8 stars by customers like you]
View Plan
Can I claim Tax paid as Business Expense?
STT – Securities Transaction Tax is paid on trading in securities i.e. equity shares, equity mutual funds, ETFs, equity futures, equity options, etc. The trader can claim STT paid as a valid business expense if he/she reports such income as a business income
Stamp Duty – Stamp Duty is an expense on the transfer of securities. Therefore, the trader can claim Stamp Duty paid as a valid business expense if he/she reports such income as a business income
CTT – Commodities Transaction Tax is on trading in commodities. The trader can claim CTT paid as a valid business expense
By: via @AlliesFin Serve Stock Market
author portrait
Sakshi Shah
@Alliesfin
F&O Trading
income from trading
Income Tax
ITR-3
A trader can claim all the expenses directly connected to the trading income as a deductible. The expenses incurred should be wholly and exclusively in relation to business and professional income. Therefore, these expenses include business expenses such as:
Rent Expense – If the trader has an office in rented premises, you can claim the rent paid as a valid expense. Hence, you must save the rent receipts and rent agreement for future references.
Insurance Expense – You can claim insurance expenses on assets used for business purposes.
Repairs & Maintenance – Expense paid for repairs of the laptop, furniture, or any other equipment for business purposes are deductible.
Office Supplies – Expense like stationery expense, printing expense, tea coffee expenses, etc. is a valid deductible.
Electricity Expense – Electricity Expense for office claimed as an expense is deductible. If you are working from home, you can claim electricity expenses proportionally.
Membership Fees– If you pay any membership fee for a trading platform or for a platform related to trading, it is deductible. For example, a trader can claim the membership fee paid for becoming a member of the trader’s club. However, if he pays membership fees of a golf club for his recreational purpose, it cannot be claimed
Legal & Professional Fees– Any fee paid to a professional for their services is deductible as a valid expense. This includes tax return filing, tax audit, legal advice, consultancy services, etc.
Books & Subscriptions – If a trader pays for subscriptions of magazines or purchased books related to trading, it is deductible.
Depreciation – It means claiming the cost of the asset as expense over the life of the asset. As per the IT Act, we cannot claim the cost of the asset as an expense; however, you can claim the depreciation on the asset as an expense. For example, You have purchased a high-end computer for Rs 10 lakhs. The depreciation rate is 60%. Hence, you can claim 6 lakhs as depreciation in the 1st year (10,00,000*60%). And can carry forward the remaining amount to next year.
Mobile & Internet Expense – Expense incurred to pay mobile bills, telephone bills and internet charges can be claimed. It is deductible if the expense if it is for business purpose.
Finance Costs – If you take a loan for your trading business, you can claim interest paid on such a loan as a deductible expense.
Trading Expenses – All charges and expenses paid for the purpose of trading are deductible. This includes Brokerage, Turnover Fees, Clearing Charges, Exchange Transaction Charges, STT, Stamp Duty, GST, etc.
Other Business Expenses – Any other expense that is directly related to your trading business can be claimed as a valid expense
ITR for F&O Traders
CA Assisted Income Tax Return filing for Individuals and HUFs having income from F&O/ Derivatives Trading.
@ALLIESFIN
[Rated 4.8 stars by customers like you]
View Plan
Can I claim Tax paid as Business Expense?
STT – Securities Transaction Tax is paid on trading in securities i.e. equity shares, equity mutual funds, ETFs, equity futures, equity options, etc. The trader can claim STT paid as a valid business expense if he/she reports such income as a business income
Stamp Duty – Stamp Duty is an expense on the transfer of securities. Therefore, the trader can claim Stamp Duty paid as a valid business expense if he/she reports such income as a business income
CTT – Commodities Transaction Tax is on trading in commodities. The trader can claim CTT paid as a valid business expense
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Economic Times
Business Standard
Ø Brokerages downgrade India's GDP growth projections for FY'22 amid resurgence of Covid cases
Ø Expect Religare Finvest's debt restructuring to be over in 2 months, says official
Ø India's power consumption grows nearly 45% in first half of April
Ø COVID-19 hits passenger vehicle exports; shipments tumble 39% in FY21
Ø RCom lenders may challenge NCLAT order
Ø Govt bans supply of oxygen to industries
Ø Domestic steel output to take hit as plants divert oxygen for medical use
Ø India to become top electric vehicle maker in the world: Nitin Gadkari
Ø Future Retail lenders okay debt recast plan with repayment up to two years
Ø NBFCs seek extension of MSME restructuring scheme till March 2022
Ø Bank FDs in spotlight as returns of liquid funds hit two-decade low
Business Line
Mint
Ø India can be winner of new form of globalisation: Experts
Ø SBI Caps to be transaction advisor for privatisation of JNPT’s container terminal
Ø BHEL to procure 300 products worth ₹3,000 cr from MSMEs
Ø China’s economic growth surged to 18.3% as activity revived
Ø Individual CAs/firms cannot retain two consecutive audit rotation cycles
Ø Commerce Min to meet exporters on Apr 20 to discuss export scenario
Ø Tata Steel, SAIL, AMNS India supplying oxygen for treatment of Covid-19 patients
Ø Jaypee Infratech insolvency: Lenders ask NBCC, Suraksha group to improve bid
Ø Razorpay’s valuation triples in six months on latest fundraise
Ø Bitcoin suffers big fall, down most in more than seven weeks
Financial Express
Business World
Ø Exports by STPI units seen at Rs 5 lakh cr in pandemic-hit FY21 amid rapid digitisation
Ø India takes ‘Whole-of-Government’ Approach against COVID-19
By: via @AlliesFin Serve Stock Market
Business Standard
Ø Brokerages downgrade India's GDP growth projections for FY'22 amid resurgence of Covid cases
Ø Expect Religare Finvest's debt restructuring to be over in 2 months, says official
Ø India's power consumption grows nearly 45% in first half of April
Ø COVID-19 hits passenger vehicle exports; shipments tumble 39% in FY21
Ø RCom lenders may challenge NCLAT order
Ø Govt bans supply of oxygen to industries
Ø Domestic steel output to take hit as plants divert oxygen for medical use
Ø India to become top electric vehicle maker in the world: Nitin Gadkari
Ø Future Retail lenders okay debt recast plan with repayment up to two years
Ø NBFCs seek extension of MSME restructuring scheme till March 2022
Ø Bank FDs in spotlight as returns of liquid funds hit two-decade low
Business Line
Mint
Ø India can be winner of new form of globalisation: Experts
Ø SBI Caps to be transaction advisor for privatisation of JNPT’s container terminal
Ø BHEL to procure 300 products worth ₹3,000 cr from MSMEs
Ø China’s economic growth surged to 18.3% as activity revived
Ø Individual CAs/firms cannot retain two consecutive audit rotation cycles
Ø Commerce Min to meet exporters on Apr 20 to discuss export scenario
Ø Tata Steel, SAIL, AMNS India supplying oxygen for treatment of Covid-19 patients
Ø Jaypee Infratech insolvency: Lenders ask NBCC, Suraksha group to improve bid
Ø Razorpay’s valuation triples in six months on latest fundraise
Ø Bitcoin suffers big fall, down most in more than seven weeks
Financial Express
Business World
Ø Exports by STPI units seen at Rs 5 lakh cr in pandemic-hit FY21 amid rapid digitisation
Ø India takes ‘Whole-of-Government’ Approach against COVID-19
By: via @AlliesFin Serve Stock Market
Friday 16 April 2021
@AlliesFin Serve Stock Market's Post
16/4/2021
BSE:+28(48832)
NSE:+36(14617)
MID:+233(20157)
SML:+218(21018)
FII|FPI:+437Cr
DII:+657Cr
B.Crude: 67
Gold$:1781=INR:47369
Silver: 69027
$/Rs: 74.35
5.85 : 2030 G-Sec: 6.08
NSE PE: 32.84
Join @AlliesFin
By: via @AlliesFin Serve Stock Market
BSE:+28(48832)
NSE:+36(14617)
MID:+233(20157)
SML:+218(21018)
FII|FPI:+437Cr
DII:+657Cr
B.Crude: 67
Gold$:1781=INR:47369
Silver: 69027
$/Rs: 74.35
5.85 : 2030 G-Sec: 6.08
NSE PE: 32.84
Join @AlliesFin
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Mkt. Updates :*
*SGX Nifty +36 pts (14636) from last trade 14600 ,*
Nikkei +27 pts ,
Hangseng +34 pts ,
Now @6.52am .
Dow +305.10 pts ,Nsdq +180.92 pts, S&P
+45.76 pts, Bovespa +405 pts , Ftse +43 pts , Dax +46 pts , Cac +25 pts , Crude @ $63.33 brl (-0.13), Brent @ $66.83 brl (-0.11) , Gold @ 1764.20 (-2.90), Silver @ $25.89 (-0.07), Euro @ $1.1958, JPY @ $108.74, INR @ 74.705
*US GOVT. 10-YEAR YIELD : 1.57%*
*Today's Corporate Action, 16th Apr Ex Date :*
SHARDA
Stock Split From Rs.10/- to Rs.2/-
*Today's Key Results/Board Meetings, 16-Apr-21:*
ASITCFIN
Amalgamation;General
MINDTREE
Final Dividend;Quarterly Results
*SEC. IN F&O BAN FOR, 16-Apr-21 :*
1. SAIL
*Today's Alert :*
RBI to Conduct Auction of GOI BONDS for INR 260 Billion
By: via @AlliesFin Serve Stock Market
*SGX Nifty +36 pts (14636) from last trade 14600 ,*
Nikkei +27 pts ,
Hangseng +34 pts ,
Now @6.52am .
Dow +305.10 pts ,Nsdq +180.92 pts, S&P
+45.76 pts, Bovespa +405 pts , Ftse +43 pts , Dax +46 pts , Cac +25 pts , Crude @ $63.33 brl (-0.13), Brent @ $66.83 brl (-0.11) , Gold @ 1764.20 (-2.90), Silver @ $25.89 (-0.07), Euro @ $1.1958, JPY @ $108.74, INR @ 74.705
*US GOVT. 10-YEAR YIELD : 1.57%*
*Today's Corporate Action, 16th Apr Ex Date :*
SHARDA
Stock Split From Rs.10/- to Rs.2/-
*Today's Key Results/Board Meetings, 16-Apr-21:*
ASITCFIN
Amalgamation;General
MINDTREE
Final Dividend;Quarterly Results
*SEC. IN F&O BAN FOR, 16-Apr-21 :*
1. SAIL
*Today's Alert :*
RBI to Conduct Auction of GOI BONDS for INR 260 Billion
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Economic Times
Business Standard
Ø WPI inflation spikes to over 8-year high of 7.39 per cent in March
Ø India's exports surge 60% in March, fall by 7.2% in FY21
Ø US jobless claims plunge to 576,000, lowest since pandemic
Ø Mukesh Ambani's Reliance diverts oxygen for COVID fight, trucks stuck in Gujarat
Ø RBI sets up RRA to streamline regulations and reduce compliance
Ø IL&FS addresses debt of Rs 43,000 crore, raises recovery estimate to Rs 61,000 crore
Ø Wipro Q4 profit jumps 28% YoY to Rs 2,972 crore; revenue rises 3.4%
Ø India's 10-year yield spikes as RBI bond-purchase results disappoint
Ø PFRDA set to provide a better option than annuities to NPS members
Ø Four entities apply for universal bank, four others for SFB licence
Ø Citigroup to exit retail banking operations in India, 12 other countries
Ø Private equity, VC investments rise 64% to $8.3 bln in March qtr: Report
Business Line
Mint
Ø Tata Steel to rejig Corby tube plant in UK
Ø Amazon unveils $250 million Smbhav Venture Fund for start-ups, entrepreneurs
Ø Expenditure Dept gets direct control over Public Financial Management System
Ø Worldwide semiconductor revenue grew 10.4% in 2020: Gartner
Ø Ashok Leyland incorporates new unit for freight business
Ø Hindustan Copper raises ₹500 crore via QIP
Ø CSC, Tata Power to set up 10,000 solar micro grids in rural areas
Ø Spintly raises Rs4.6 crore in funding led by Riso Capital
Ø PepsiCo reports mid-single digit revenue growth in India
Ø FIIs net sellers of equities in April so far as macro uncertainties loom
Ø Cotton exports to jump 20 pc in 2020-21 season: CAI
Ø Assets under NPS rose to 38% YoY till March 2021: PFRDA
Financial Express
Business World
Ø Non-food credit growth slips below 6%
Ø Traders’ body CAIT calls for 10-day lockdown in national capital to curb COVID cases
Ø Green hydrogen auctions, purchase obligations in the offing
Ø Sensex Ends Higher By 260 Points Led By IT And Pharma Stocks
Ø Rupee Gains 12 Paise To Close At 74.93 Against US Dollar
Ø India Inc's Outward FDI Halves To $1.93 Bn In Mar
By: via @AlliesFin Serve Stock Market
Business Standard
Ø WPI inflation spikes to over 8-year high of 7.39 per cent in March
Ø India's exports surge 60% in March, fall by 7.2% in FY21
Ø US jobless claims plunge to 576,000, lowest since pandemic
Ø Mukesh Ambani's Reliance diverts oxygen for COVID fight, trucks stuck in Gujarat
Ø RBI sets up RRA to streamline regulations and reduce compliance
Ø IL&FS addresses debt of Rs 43,000 crore, raises recovery estimate to Rs 61,000 crore
Ø Wipro Q4 profit jumps 28% YoY to Rs 2,972 crore; revenue rises 3.4%
Ø India's 10-year yield spikes as RBI bond-purchase results disappoint
Ø PFRDA set to provide a better option than annuities to NPS members
Ø Four entities apply for universal bank, four others for SFB licence
Ø Citigroup to exit retail banking operations in India, 12 other countries
Ø Private equity, VC investments rise 64% to $8.3 bln in March qtr: Report
Business Line
Mint
Ø Tata Steel to rejig Corby tube plant in UK
Ø Amazon unveils $250 million Smbhav Venture Fund for start-ups, entrepreneurs
Ø Expenditure Dept gets direct control over Public Financial Management System
Ø Worldwide semiconductor revenue grew 10.4% in 2020: Gartner
Ø Ashok Leyland incorporates new unit for freight business
Ø Hindustan Copper raises ₹500 crore via QIP
Ø CSC, Tata Power to set up 10,000 solar micro grids in rural areas
Ø Spintly raises Rs4.6 crore in funding led by Riso Capital
Ø PepsiCo reports mid-single digit revenue growth in India
Ø FIIs net sellers of equities in April so far as macro uncertainties loom
Ø Cotton exports to jump 20 pc in 2020-21 season: CAI
Ø Assets under NPS rose to 38% YoY till March 2021: PFRDA
Financial Express
Business World
Ø Non-food credit growth slips below 6%
Ø Traders’ body CAIT calls for 10-day lockdown in national capital to curb COVID cases
Ø Green hydrogen auctions, purchase obligations in the offing
Ø Sensex Ends Higher By 260 Points Led By IT And Pharma Stocks
Ø Rupee Gains 12 Paise To Close At 74.93 Against US Dollar
Ø India Inc's Outward FDI Halves To $1.93 Bn In Mar
By: via @AlliesFin Serve Stock Market
Thursday 15 April 2021
@AlliesFin Serve Stock Market's Post
15/4/2021
BSE:+259(48803)
NSE:+76(14581)
MID:-20(19923)
SML:-5(20799)
FII|FPI:+979Cr
DII:-526Cr
B.Crude: 66
Gold$:1748=INR:46910
Silver: 68047
$/Rs: 74.92
5.85 : 2030 G-Sec: 6.12
NSE PE: 32.78
Join @AlliesFin
On Telegram
By: via @AlliesFin Serve Stock Market
BSE:+259(48803)
NSE:+76(14581)
MID:-20(19923)
SML:-5(20799)
FII|FPI:+979Cr
DII:-526Cr
B.Crude: 66
Gold$:1748=INR:46910
Silver: 68047
$/Rs: 74.92
5.85 : 2030 G-Sec: 6.12
NSE PE: 32.78
Join @AlliesFin
On Telegram
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@AlliesFin Serve Stock Market's Post
*Business Standard :*
Ø Private equity inflows in India realty up 19% in FY21, portfolio deals lead
Ø Coal India fuel allocation under spot e-auction rises 36% in Apr-Feb 2020-21
Ø Maruti logs highest ever sales of CNG cars at 1.57 lakh units in FY21
Ø A $12.5 billion deal shows Saudi oil still eclipses all else
Ø Apollo to ship tyres from Chennai and Hungary for US/Canada markets
Ø Religare Finvest to default on NCD payment
Ø Dr Reddy's working on Sputnik's stability data
Ø Bharti Airtel to merge digital arm with itself in corporate revamp
Ø Infosys Q4 net dips 2% sequentially, announces Rs 9,200-cr share buyback
Ø JSW Steel completes acquisition of 31% stake in Italy's GSI Lucchini SpA
Ø SIP collections drop to Rs 96,000 cr in FY21 amid pandemic-led disruptions
Ø Housing sales increase by 20% in January-March: 99acres.com report
Ø GE Power India to acquire 50% equity stake in NTPC GE Power Services
Business Line
*Mint :*
Ø Future Enterprises defaults on payment of interest on NCDs
Ø Gujarat APMC yards suspend trading to tackle Covid second wave
Ø WTO DG sets July target for pact, India insists on special treatment
Ø Amazon moves SC against Delhi HC stay order restraining Future Retail
Ø CCI nod for Adani Ports’ acquisition of 89.6% stake in Gangavaram Port
Ø HDFC Bank to raise up to ₹50,000 crore via private placement of bonds
Ø Insurtech startup Nova Benefits raises $1 million in fresh funding
Ø IFC to invest $100 mn in JC Flowers India fund to help resolve NPAs
Ø MFs increased fund allocation in domestic cyclicals, IT in FY21
Ø Office leasing in 7 cities falls 48% in Jan-Mar: Report
Ø Aditya Birla Capital, Sun Life to sell 13.5% stake in asset management biz IPO
Financial Express
*Business World :*
Ø Centre’s tax revenue grows in pandemic year
Ø India, EU to resume formal FTA talks in May
Ø India’s palm oil imports rise 56.50 pc in March
Ø Govt To Sell 20 % In NFL, 10 Pc In RCF Via Offer For Sale
Ø NCLAT Says Lenders Cannot Treat Telcos' Spectrum As 'Security Interest' Under Insolvency Proceedings
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Market Update*
Sgx Nifty +124 pts Sgx Nifty 14680 (14556 Nifty Fut Clsd)
Dow +53.62 pts ,Nsdq -138.26 pts, S&P
-16.93 pts, Bovespa +997 pts , Ftse +49 pts , Dax -25 pts , Cac +24 pts , Nikkei +111 pts now ,Crude @ $62.76 brl (-0.39), Brent @ $66.58 brl (+0.00) , Gold @ 1735.70 (-0.50), Silver @ $25.455 (-0.06), Euro @ $1.1983, JPY @ $108.86, INR @ 75.05
*Today's Corporate Action*
*15th Apr Ex Date*
FINOLEXIND
Stock Split From Rs.10/- to Rs.2/-
INFRATRUST
Income Distribution (InvIT)
KSB
Dividend - Rs. - 8.5000
*Today's Key Results/Board Meetings
*15-Apr-21*
BLUBLND-B
Quarterly Results
HATHWAYB
Audited Results
MIDINFRA
General
RUBRAME
General
TINPLATE
Audited Results;Dividend
TTFL
General
WIPRO
Final Dividend;Quarterly Results
ZEXDONTR
General
*Stock under F&O ban on NSE*
*15-Apr-21*
None
By: via @AlliesFin Serve Stock Market
Sgx Nifty +124 pts Sgx Nifty 14680 (14556 Nifty Fut Clsd)
Dow +53.62 pts ,Nsdq -138.26 pts, S&P
-16.93 pts, Bovespa +997 pts , Ftse +49 pts , Dax -25 pts , Cac +24 pts , Nikkei +111 pts now ,Crude @ $62.76 brl (-0.39), Brent @ $66.58 brl (+0.00) , Gold @ 1735.70 (-0.50), Silver @ $25.455 (-0.06), Euro @ $1.1983, JPY @ $108.86, INR @ 75.05
*Today's Corporate Action*
*15th Apr Ex Date*
FINOLEXIND
Stock Split From Rs.10/- to Rs.2/-
INFRATRUST
Income Distribution (InvIT)
KSB
Dividend - Rs. - 8.5000
*Today's Key Results/Board Meetings
*15-Apr-21*
BLUBLND-B
Quarterly Results
HATHWAYB
Audited Results
MIDINFRA
General
RUBRAME
General
TINPLATE
Audited Results;Dividend
TTFL
General
WIPRO
Final Dividend;Quarterly Results
ZEXDONTR
General
*Stock under F&O ban on NSE*
*15-Apr-21*
None
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Stocks Drop From Record Highs; Bond Yields Rise: Markets Wrap
U.S. stocks retreated after climbing to an all-time high. Treasuries fell with the dollar. Oil rallied.
PayPal Holdings Inc. and Nvidia Corp. paced losses among tech companies in the S&P 500, which had fluctuated for much of Wednesday’s session as traders sifted through earnings from some of the world’s biggest banks. Bitcoin slid in the wake of the debut by cryptocurrency company Coinbase Global Inc. on the Nasdaq.
Read: Goldman, JPMorgan Traders Show the Reddit Crowd How It’s Done
With equities lingering near a record, investors are looking to the earnings season for further catalysts. Expectations of a strong profit rebound have helped markets rally, setting the bar high as reporting gets underway. More broadly, investors are monitoring vaccine developments for any threats to the economic recovery. The Federal Reserve said in its Beige Book that activity has picked up pace amid an improvement in consumer spending.
“You’re going to see this tug-of-war continue within markets as investors weigh the prospects of a strengthening economy with the risk of rising inflationary pressures,” said Adam Phillips, managing director of portfolio strategy at EP Wealth Advisors.
A quarter that began with retail investors declaring the end of the status quo on Wall Street just ended with big banks tallying surprisingly massive hauls. Goldman Sachs Group Inc. and JPMorgan Chase & Co. -- two of the most gilded names in finance -- kicked off bank earnings season with revenue windfalls from trading and dealmaking, defying warnings from within the industry that good times couldn’t last.
Goldman Sachs’s stock jumped, while JPMorgan’s slipped -- undermined by concern over weak demand for loans.
*Some key events to watch this week :*
U.S. data including initial jobless claims, industrial production and retail sales come Thursday.
China economic growth, industrial production and retail sales figures are on Friday.
*These are some of the main moves in financial markets :*
*Stocks :*
The S&P 500 fell 0.4% at 4 p.m. New York time.
The Stoxx Europe 600 Index gained 0.2%.
The MSCI Asia Pacific Index advanced 0.7%.
*Currencies :*
The Bloomberg Dollar Spot Index fell 0.2%.
The euro climbed 0.3% to $1.1979.
The Japanese yen appreciated 0.2% to 108.89 per dollar.
*Bonds :*
The yield on two-year Treasuries rose less than one basis point to 0.16%.
The yield on 10-year Treasuries rose one basis points to 1.63%.
The yield on 30-year Treasuries climbed two basis points to 2.31%.
×Commodities :*
West Texas Intermediate crude gained 4.5% to $62.89 a barrel.
Gold weakened 0.5% to $1,736.65 an ounce.
By: via @AlliesFin Serve Stock Market
U.S. stocks retreated after climbing to an all-time high. Treasuries fell with the dollar. Oil rallied.
PayPal Holdings Inc. and Nvidia Corp. paced losses among tech companies in the S&P 500, which had fluctuated for much of Wednesday’s session as traders sifted through earnings from some of the world’s biggest banks. Bitcoin slid in the wake of the debut by cryptocurrency company Coinbase Global Inc. on the Nasdaq.
Read: Goldman, JPMorgan Traders Show the Reddit Crowd How It’s Done
With equities lingering near a record, investors are looking to the earnings season for further catalysts. Expectations of a strong profit rebound have helped markets rally, setting the bar high as reporting gets underway. More broadly, investors are monitoring vaccine developments for any threats to the economic recovery. The Federal Reserve said in its Beige Book that activity has picked up pace amid an improvement in consumer spending.
“You’re going to see this tug-of-war continue within markets as investors weigh the prospects of a strengthening economy with the risk of rising inflationary pressures,” said Adam Phillips, managing director of portfolio strategy at EP Wealth Advisors.
A quarter that began with retail investors declaring the end of the status quo on Wall Street just ended with big banks tallying surprisingly massive hauls. Goldman Sachs Group Inc. and JPMorgan Chase & Co. -- two of the most gilded names in finance -- kicked off bank earnings season with revenue windfalls from trading and dealmaking, defying warnings from within the industry that good times couldn’t last.
Goldman Sachs’s stock jumped, while JPMorgan’s slipped -- undermined by concern over weak demand for loans.
*Some key events to watch this week :*
U.S. data including initial jobless claims, industrial production and retail sales come Thursday.
China economic growth, industrial production and retail sales figures are on Friday.
*These are some of the main moves in financial markets :*
*Stocks :*
The S&P 500 fell 0.4% at 4 p.m. New York time.
The Stoxx Europe 600 Index gained 0.2%.
The MSCI Asia Pacific Index advanced 0.7%.
*Currencies :*
The Bloomberg Dollar Spot Index fell 0.2%.
The euro climbed 0.3% to $1.1979.
The Japanese yen appreciated 0.2% to 108.89 per dollar.
*Bonds :*
The yield on two-year Treasuries rose less than one basis point to 0.16%.
The yield on 10-year Treasuries rose one basis points to 1.63%.
The yield on 30-year Treasuries climbed two basis points to 2.31%.
×Commodities :*
West Texas Intermediate crude gained 4.5% to $62.89 a barrel.
Gold weakened 0.5% to $1,736.65 an ounce.
By: via @AlliesFin Serve Stock Market
Wednesday 14 April 2021
@AlliesFin Serve Stock Market's Post
(Bloomberg) -- Infosys reported net income for the fourth quarter that missed the average analyst estimate. FOURTH QUARTER RESULTS
Net income 50.8 billion rupees, +18% y/y, estimate 52.13 billion (range 46.56 billion to 58.62 billion) (Bloomberg Consensus)
Revenue 263.1 billion rupees, +13% y/y, estimate 265.55 billion
Digital revenue +34.4% vs. +31.7% y/y
Total costs 199.2 billion rupees, +8.3% y/y
Other income 5.45 billion rupees
Operating margin 24.5% vs. 21.1% y/y, estimate 23.6%
Dividend per share 15 rupees
2022 YEAR FORECAST
Sees operating margin 22% to 24%, estimate 23.3%
Sees revenue +12% to +14%
COMMENTARY AND CONTEXT
Fy22 Revenue Growth Guidance of 12%-14%
Fy22 Operating Margin Guidance of 22%-24%
Approves Share Buyback Proposal of up to INR92B
Approves Share Buyback at Inr1,750 Per Share via open market route.
By: via @AlliesFin Serve Stock Market
Net income 50.8 billion rupees, +18% y/y, estimate 52.13 billion (range 46.56 billion to 58.62 billion) (Bloomberg Consensus)
Revenue 263.1 billion rupees, +13% y/y, estimate 265.55 billion
Digital revenue +34.4% vs. +31.7% y/y
Total costs 199.2 billion rupees, +8.3% y/y
Other income 5.45 billion rupees
Operating margin 24.5% vs. 21.1% y/y, estimate 23.6%
Dividend per share 15 rupees
2022 YEAR FORECAST
Sees operating margin 22% to 24%, estimate 23.3%
Sees revenue +12% to +14%
COMMENTARY AND CONTEXT
Fy22 Revenue Growth Guidance of 12%-14%
Fy22 Operating Margin Guidance of 22%-24%
Approves Share Buyback Proposal of up to INR92B
Approves Share Buyback at Inr1,750 Per Share via open market route.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
#infosys approves share #buyback at Rs 1,750 per share #alliesfin
By: via @AlliesFin Serve Stock Market
By: via @AlliesFin Serve Stock Market
Tuesday 13 April 2021
@AlliesFin Serve Stock Market's Post
13/4/2021
BSE:+660(48544)
NSE:+194(14504)
MID:+287(19943)
SML:+248(20805)
FII|FPI:-730Cr
DII:+243Cr
B.Crude: 63
Gold$:1729=INR:46615
Silver: 66757
$/Rs: 75.06
5.85 : 2030 G-Sec: N.A.
NSE PE: 32.72
Join @AlliesFin
By: via @AlliesFin Serve Stock Market
BSE:+660(48544)
NSE:+194(14504)
MID:+287(19943)
SML:+248(20805)
FII|FPI:-730Cr
DII:+243Cr
B.Crude: 63
Gold$:1729=INR:46615
Silver: 66757
$/Rs: 75.06
5.85 : 2030 G-Sec: N.A.
NSE PE: 32.72
Join @AlliesFin
By: via @AlliesFin Serve Stock Market
Monday 12 April 2021
@AlliesFin Serve Stock Market's Post
12/4/2021
BSE:-1708(47883)
NSE:-524(14310)
MID:-1105(19656)
SML:-1040(20557)
FII|FPI:-1746Cr
DII:+232Cr
B.Crude: 63
Gold$:1740=INR:46693
Silver: 67003
$/Rs: 75.06
5.85 : 2030 G-Sec: 6.01
NSE PE: 32.34
By: via @AlliesFin Serve Stock Market
BSE:-1708(47883)
NSE:-524(14310)
MID:-1105(19656)
SML:-1040(20557)
FII|FPI:-1746Cr
DII:+232Cr
B.Crude: 63
Gold$:1740=INR:46693
Silver: 67003
$/Rs: 75.06
5.85 : 2030 G-Sec: 6.01
NSE PE: 32.34
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
#NewsAlerts
Maharashtra Board Exams 2021 postponed. Class X exams will be held in June and Class XII by the end of May, announced.
By: via @AlliesFin Serve Stock Market
Maharashtra Board Exams 2021 postponed. Class X exams will be held in June and Class XII by the end of May, announced.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Business Standard :*
Ø Govt may hike FDI limit in pension sector to 74%; Bill likely in monsoon session
Ø Partial lockdown measures could impact movement of labour, goods: CII survey
Ø Govt to complete 5 surveys in 7 months on jobs: Labour Bureau DG
Ø Bridgestone India unlocks 7 million euros in 9 months, helped by digital payment platform Freepay
Ø Tata Sons build marketplace for SMEs
Ø RMZ raises Rs 1,500 crore from Canada Pension Plan Investment Board
Ø Vedanta Group in talks with govt to set up display fabrication unit
Ø Infosys to consider share buyback on April 14, announce FY21 results
Ø Govt's move to inject Rs 14,500 cr in 4 PSBs won't raise tangible equity
Ø Microsoft in talks to buy Nuance Communications for about $16 bn: Report
Ø InsuranceDekho may have got Rs 1,200 cr in premium in FY21: Co-founder
Ø Franklin Templeton unitholders to get Rs 2,962 cr in second tranche
Business Line
*Mint :*
Ø India becomes largest buyer of US crude in first quarter of calendar year 2021
Ø Exports surge 297% in the first week of April
Ø India's power consumption grows nearly 47 per cent in first week of April 2021
Ø Indian apparel industry eyes collaboration with global suppliers of man-made fibre
Ø Arbitration case: Cairn to forego $500 million if India agrees to pay principal due
Ø SBI collects ₹300 cr from zero balance accounts for certain services in 5 yrs
Ø Mutual fund assets gain 41% in FY21: Crisil report
Ø Future Retail may get 2-yr relief on loan repayments
Ø Myanmar economy may shrink up to 20% as crisis looms
Ø JC Flowers is highest bidder for SIL’s debt
Ø Centre prohibits export of Remdesivir injection and Remdesivir API
Financial Express
*Business World :*
Ø Large CPSEs post record capex of 4.6 lakh crore in FY21
Ø Over Rs 35,000-crore export aid held up amid trade recovery
Ø IMF warns on rising debt risks in virus-hit Middle East, Central Asia
Ø Ambuja Cement's Strategic Plan On Track To Expand Capacity To Reach 50 MTPA
Ø FM Urges World Bank Group To Sustain Crisis Response To Mitigate COVID-19 Impact
By: via @AlliesFin Serve Stock Market
Ø Govt may hike FDI limit in pension sector to 74%; Bill likely in monsoon session
Ø Partial lockdown measures could impact movement of labour, goods: CII survey
Ø Govt to complete 5 surveys in 7 months on jobs: Labour Bureau DG
Ø Bridgestone India unlocks 7 million euros in 9 months, helped by digital payment platform Freepay
Ø Tata Sons build marketplace for SMEs
Ø RMZ raises Rs 1,500 crore from Canada Pension Plan Investment Board
Ø Vedanta Group in talks with govt to set up display fabrication unit
Ø Infosys to consider share buyback on April 14, announce FY21 results
Ø Govt's move to inject Rs 14,500 cr in 4 PSBs won't raise tangible equity
Ø Microsoft in talks to buy Nuance Communications for about $16 bn: Report
Ø InsuranceDekho may have got Rs 1,200 cr in premium in FY21: Co-founder
Ø Franklin Templeton unitholders to get Rs 2,962 cr in second tranche
Business Line
*Mint :*
Ø India becomes largest buyer of US crude in first quarter of calendar year 2021
Ø Exports surge 297% in the first week of April
Ø India's power consumption grows nearly 47 per cent in first week of April 2021
Ø Indian apparel industry eyes collaboration with global suppliers of man-made fibre
Ø Arbitration case: Cairn to forego $500 million if India agrees to pay principal due
Ø SBI collects ₹300 cr from zero balance accounts for certain services in 5 yrs
Ø Mutual fund assets gain 41% in FY21: Crisil report
Ø Future Retail may get 2-yr relief on loan repayments
Ø Myanmar economy may shrink up to 20% as crisis looms
Ø JC Flowers is highest bidder for SIL’s debt
Ø Centre prohibits export of Remdesivir injection and Remdesivir API
Financial Express
*Business World :*
Ø Large CPSEs post record capex of 4.6 lakh crore in FY21
Ø Over Rs 35,000-crore export aid held up amid trade recovery
Ø IMF warns on rising debt risks in virus-hit Middle East, Central Asia
Ø Ambuja Cement's Strategic Plan On Track To Expand Capacity To Reach 50 MTPA
Ø FM Urges World Bank Group To Sustain Crisis Response To Mitigate COVID-19 Impact
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
• India Bans Exports of Covid Drug Remdesivir Amid Virus Surge
• India-China Agree to Maintain Stability, Peace in Border Area
• U.S. Says Its Warships Assert Navigation Rights in Indo- Pacific
• RBI’s QE Offers Little Relief as Underwriters Rescue Bond Sale
• Pandemic Causes India’s First Drop in Annual Power Demand
• India’s March Demand for Oil Products Jumps Most in 55 Months
• India Court to Hear WhatsApp Plea on Antitrust Probe April 12
• Saverin’s B Capital, Others Invest $1 Billion in India’s Byju’s
o Funding values Indian online education company at $15b
• India Forex Reserves Fall $2.42b to $576.9b in Week to April 2
o India Official Reserves Drop to Lowest Since November
• India Banks Face Asset-Quality Risks Again on Virus Surge: Fitch
• Top Indian Potash Buyer Will Say No to Further Price Hikes
• RBI Devolves 109b Rupees of New 2026 Bond on Primary Dealers
• Bond Market’s Stalled-Out Reflation Trade Needs Actual Inflation
o Measures of inflation expectations have peaked after surge
• Global Funds Sell Net INR6.54B of India Stocks on April 9: NSE
o Domestic funds sell net 2.71b rupees of stocks
• Foreign Investors Buy Net INR20.8B of India Equities on April 8
• Foreigners Buy Net INR786M of India Equity Derivatives April 9
• Cairn Offers to Invest $500 Million If India Pays Dues, PTI Says
• DoT likely to issue guidelines for telecom PLI within week: PTI
• J&J in Talks for Indian Trial of Covid Vaccine: Business Standard
• M&M to invest INR30b on electric vehicle business in 3 yrs: PTI
• India to manufacture containers in Bhavnagar, eyes INR10b investment: PTI
• Ambuja Cements (ACEM): Says Rajasthan plant to start operations in 3Q
• Axis Bank (AXSB): Jeep India and Axis Bank partnership to launch Jeep Financial
• Career Point (CRPT): Says unit withdrawdemerger application from NCLT
• Century Plyboards (CPBI): Says to use Firewall Technology in products
• Infosys (INFO): Says EU clears Infosys/Daimler deal
• State Bank of India (SBIN): Says ESG delays decision on coal mine loan
• Titan Co (TTAN): Titan’s Jewelry CEO sees strong wedding sales in April-June
• Infosys (INFO): Infosys to consider share buyback in Apri 14 meeting
•
By: via @AlliesFin Serve Stock Market
• India-China Agree to Maintain Stability, Peace in Border Area
• U.S. Says Its Warships Assert Navigation Rights in Indo- Pacific
• RBI’s QE Offers Little Relief as Underwriters Rescue Bond Sale
• Pandemic Causes India’s First Drop in Annual Power Demand
• India’s March Demand for Oil Products Jumps Most in 55 Months
• India Court to Hear WhatsApp Plea on Antitrust Probe April 12
• Saverin’s B Capital, Others Invest $1 Billion in India’s Byju’s
o Funding values Indian online education company at $15b
• India Forex Reserves Fall $2.42b to $576.9b in Week to April 2
o India Official Reserves Drop to Lowest Since November
• India Banks Face Asset-Quality Risks Again on Virus Surge: Fitch
• Top Indian Potash Buyer Will Say No to Further Price Hikes
• RBI Devolves 109b Rupees of New 2026 Bond on Primary Dealers
• Bond Market’s Stalled-Out Reflation Trade Needs Actual Inflation
o Measures of inflation expectations have peaked after surge
• Global Funds Sell Net INR6.54B of India Stocks on April 9: NSE
o Domestic funds sell net 2.71b rupees of stocks
• Foreign Investors Buy Net INR20.8B of India Equities on April 8
• Foreigners Buy Net INR786M of India Equity Derivatives April 9
• Cairn Offers to Invest $500 Million If India Pays Dues, PTI Says
• DoT likely to issue guidelines for telecom PLI within week: PTI
• J&J in Talks for Indian Trial of Covid Vaccine: Business Standard
• M&M to invest INR30b on electric vehicle business in 3 yrs: PTI
• India to manufacture containers in Bhavnagar, eyes INR10b investment: PTI
• Ambuja Cements (ACEM): Says Rajasthan plant to start operations in 3Q
• Axis Bank (AXSB): Jeep India and Axis Bank partnership to launch Jeep Financial
• Career Point (CRPT): Says unit withdrawdemerger application from NCLT
• Century Plyboards (CPBI): Says to use Firewall Technology in products
• Infosys (INFO): Says EU clears Infosys/Daimler deal
• State Bank of India (SBIN): Says ESG delays decision on coal mine loan
• Titan Co (TTAN): Titan’s Jewelry CEO sees strong wedding sales in April-June
• Infosys (INFO): Infosys to consider share buyback in Apri 14 meeting
•
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*MKT. UPDATES :*
*SGX Nifty -69 pts (14824) from last trade 14893 ,*
Nikkei +11 pts ,
Hangseng +93 pts ,
Now @6.52am .
Dow +297.03 pts ,Nsdq +70.88 pts, S&P
+31.63 pts, Bovespa -643 pts , Ftse -26 pts , Dax +31 pts , Cac +3 pts , Crude @ $59.50 brl (+0.19), Brent @ $63.23 brl (+0.28) , Gold @ 1742.60 (-2.20), Silver @ $25.305 (-0.02), Euro @ $1.1893, JPY @ $109.70, INR @ 74.725
*US GOVT. 10-YEAR YIELD : 1.66%*
*Today's Corporate Action, 12th Apr Ex Date :*
HARITASEAT
Amalgamation
STYLAMIND
Stock Split From Rs.10/- to Rs.5/-
*Today's Key Results/Board Meetings, 12-Apr-21 :*
CALSOFT
Audited Results
CUPIDTR
Quarterly Results
HDIL
Audited Results;Quarterly Results
HINDCOPPER
General
HITECHGEAR
Employees Stock Option Plan
IOB
Preferential Issue of shares
LLOYDSME
Quarterly Results
MUTHOOTFIN
Interim Dividend
NOVIS
General
PODDAR
General
TCS
Final Dividend;Audited Results
TELESYS
General
WWALUM
Voluntary Delisting of Shares
YORKEXP
General
*SEC. IN F&O BAN FOR 12-Apr-21 :*
1. SAIL
By: via @AlliesFin Serve Stock Market
*SGX Nifty -69 pts (14824) from last trade 14893 ,*
Nikkei +11 pts ,
Hangseng +93 pts ,
Now @6.52am .
Dow +297.03 pts ,Nsdq +70.88 pts, S&P
+31.63 pts, Bovespa -643 pts , Ftse -26 pts , Dax +31 pts , Cac +3 pts , Crude @ $59.50 brl (+0.19), Brent @ $63.23 brl (+0.28) , Gold @ 1742.60 (-2.20), Silver @ $25.305 (-0.02), Euro @ $1.1893, JPY @ $109.70, INR @ 74.725
*US GOVT. 10-YEAR YIELD : 1.66%*
*Today's Corporate Action, 12th Apr Ex Date :*
HARITASEAT
Amalgamation
STYLAMIND
Stock Split From Rs.10/- to Rs.5/-
*Today's Key Results/Board Meetings, 12-Apr-21 :*
CALSOFT
Audited Results
CUPIDTR
Quarterly Results
HDIL
Audited Results;Quarterly Results
HINDCOPPER
General
HITECHGEAR
Employees Stock Option Plan
IOB
Preferential Issue of shares
LLOYDSME
Quarterly Results
MUTHOOTFIN
Interim Dividend
NOVIS
General
PODDAR
General
TCS
Final Dividend;Audited Results
TELESYS
General
WWALUM
Voluntary Delisting of Shares
YORKEXP
General
*SEC. IN F&O BAN FOR 12-Apr-21 :*
1. SAIL
By: via @AlliesFin Serve Stock Market
Sunday 11 April 2021
@AlliesFin Serve Stock Market's Post
*RESULTS THIS WEEK*
*12TH APRIL MONDAY 2021*
CALSOFT
CUPIDTR
HDIL
LLOYDSME
*TCS*
*13TH APRIL TUESDAY 2021*
AIML
PULSRIN
*14TH APRIL WEDNESDAY 2021*
*INFY*
JYOTISTRUC
QUINT
RIIL
TATAMETALIC
*15TH APRIL THURSDAY 2021*
BLUBLND-B
HATHWAYB
TINPLATE
*WIPRO*
*16TH APRIL FRIDAY 2021*
DEN
GTPL
*MINDTREE*
GUJHOTEL
*17TH APRIL SATURDAY 2021*
*HDFCBANK*
ICICI LOMBARD GENERAL INSURANCE
INTERNATIONAL TRAVEL HOUSE LTD
MEGA NIRMAN AND INDUSTRIES LTD
By: via @AlliesFin Serve Stock Market
*12TH APRIL MONDAY 2021*
CALSOFT
CUPIDTR
HDIL
LLOYDSME
*TCS*
*13TH APRIL TUESDAY 2021*
AIML
PULSRIN
*14TH APRIL WEDNESDAY 2021*
*INFY*
JYOTISTRUC
QUINT
RIIL
TATAMETALIC
*15TH APRIL THURSDAY 2021*
BLUBLND-B
HATHWAYB
TINPLATE
*WIPRO*
*16TH APRIL FRIDAY 2021*
DEN
GTPL
*MINDTREE*
GUJHOTEL
*17TH APRIL SATURDAY 2021*
*HDFCBANK*
ICICI LOMBARD GENERAL INSURANCE
INTERNATIONAL TRAVEL HOUSE LTD
MEGA NIRMAN AND INDUSTRIES LTD
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
#infosys to consider buy back on April 14 board meeting. #alliesfin
By: via @AlliesFin Serve Stock Market
By: via @AlliesFin Serve Stock Market
Friday 9 April 2021
@AlliesFin Serve Stock Market's Post
*Business Standard :*
Ø India to resume buying oil from Iran once US sanctions ease
Ø India open for stronger trade relations with EU: Anurag Thakur
Ø NBCC, Suraksha group submit revised bids to acquire Jaypee Infratech through insolvency
Ø JSW Steel’s crude steel production up by 6% to 4.19 mt in Q4 of FY 21
Ø Japan looks to raise 2030 emissions cut target to at least 40%: Report
Ø BSNL, MTNL yet to clear AGR dues of over Rs 10,000 crore
Ø Coal's share in India's power mix hits highest in more than two years
Ø Vehicle registration fall 28.64% YoY in March despite low base: FADA
Ø Equity MFs record net monthly inflows after eight-month gap in March
Ø Net absorption of office space plunges 33% in Q1 of Calendar 2021: JLL
Ø First purchase of G-secs worth Rs 25,000 cr under G-SAP 1.0 on Apr 15: RBI
Ø US jobless claims jump to 744,000 as Covid-19 still forces layoffs
Business Line
*Mint :*
Ø Corporate revenue expected to grow 17% to ₹6.9-lakh cr in Q4 of FY21: Crisil
Ø As registrations dip in March, FADA fears lockdown hit
Ø Ashok Leyland arm in pact with Siemens for e-mobility solutions
Ø Indirect tax mop-up exceeds Revised Estimate by 9%
Ø RIL promoters to appeal against SEBI penalty
Ø Board approves amalgamation of Jay Shree Tea and Majhaulia Sugar
Ø SBI MF becomes first mutual fund house to cross ₹5 lakh crore average AUM mark
Ø Srei Equipment Finance gets funding interest from two global funds
Ø Vi Business forays into integrated IoT space, plans expansion in cloud services
Ø Macrotech Developers IPO subscribed 35% on Day 2 of bidding
Ø IFFCO to sell old stock of non-urea fertiliser at earlier rates
Financial Express
*Business World :*
Ø During COVID-19 pandemic, India’s debt to GDP ratio increased from 74 pc to 90 pc: IMF
Ø Relief for OYO subsidiary in ‘bankruptcy’ case as NCLAT stays insolvency proceeding
Ø Tata Power Reports Outstanding Borrowing Of Rs 16,504.4 Cr
Ø ArcelorMittal Europe, Infosys Announce Collaboration For Digital Transformation
By: via @AlliesFin Serve Stock Market
Ø India to resume buying oil from Iran once US sanctions ease
Ø India open for stronger trade relations with EU: Anurag Thakur
Ø NBCC, Suraksha group submit revised bids to acquire Jaypee Infratech through insolvency
Ø JSW Steel’s crude steel production up by 6% to 4.19 mt in Q4 of FY 21
Ø Japan looks to raise 2030 emissions cut target to at least 40%: Report
Ø BSNL, MTNL yet to clear AGR dues of over Rs 10,000 crore
Ø Coal's share in India's power mix hits highest in more than two years
Ø Vehicle registration fall 28.64% YoY in March despite low base: FADA
Ø Equity MFs record net monthly inflows after eight-month gap in March
Ø Net absorption of office space plunges 33% in Q1 of Calendar 2021: JLL
Ø First purchase of G-secs worth Rs 25,000 cr under G-SAP 1.0 on Apr 15: RBI
Ø US jobless claims jump to 744,000 as Covid-19 still forces layoffs
Business Line
*Mint :*
Ø Corporate revenue expected to grow 17% to ₹6.9-lakh cr in Q4 of FY21: Crisil
Ø As registrations dip in March, FADA fears lockdown hit
Ø Ashok Leyland arm in pact with Siemens for e-mobility solutions
Ø Indirect tax mop-up exceeds Revised Estimate by 9%
Ø RIL promoters to appeal against SEBI penalty
Ø Board approves amalgamation of Jay Shree Tea and Majhaulia Sugar
Ø SBI MF becomes first mutual fund house to cross ₹5 lakh crore average AUM mark
Ø Srei Equipment Finance gets funding interest from two global funds
Ø Vi Business forays into integrated IoT space, plans expansion in cloud services
Ø Macrotech Developers IPO subscribed 35% on Day 2 of bidding
Ø IFFCO to sell old stock of non-urea fertiliser at earlier rates
Financial Express
*Business World :*
Ø During COVID-19 pandemic, India’s debt to GDP ratio increased from 74 pc to 90 pc: IMF
Ø Relief for OYO subsidiary in ‘bankruptcy’ case as NCLAT stays insolvency proceeding
Ø Tata Power Reports Outstanding Borrowing Of Rs 16,504.4 Cr
Ø ArcelorMittal Europe, Infosys Announce Collaboration For Digital Transformation
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Mkt. Updates :*
*SGX Nifty +15 pts (14953) from last trade 14938 ,*
Nikkei +192 pts ,
Hangseng +144 pts ,
Now @6.55am .
Dow +57.31 pts ,Nsdq +140.47 pts, S&P
+17.22 pts, Bovespa +689 pts , Ftse +56 pts , Dax +26 pts , Cac +35.pts , Crude @ $59.89 brl (+0.29), Brent @ $63.42 brl (+0.22) , Gold @ 1755.60 (-2.60), Silver @ $25.485 (-0.10), Euro @ $1.1915, JPY @ $109.21, INR @ 74.575
*US GOVT. 10-YEAR YIELD : 1.62%*
*Today's Corporate Action, 9th Apr Ex Date :*
INLANPR
Consolidation of Shares
PRITIKAUTO
Stock Split From Rs.10/- to Rs.2/-
RAMAPHO
Interim Dividend - Rs. - 1.0000
ROTO
Interim Dividend - Rs. - 1.4000
*Today's Key Results/Board Meetings, 9-Apr-21 :*
AGARIND
Issue Of Warrants;General;Preferential Issue of shares
DHANADACO
General
EVEXIA
General;Stock Split
GGENG
Stock Split
ICSL
Audited Results;General
KALPACOMME
General
*SEC. IN F&O BAN FOR 09-Apr-21 :*
*1. SAIL*
*Today's Alert :*
RBI to Conduct Auction of GOI BONDS for INR 320 Billion
By: via @AlliesFin Serve Stock Market
*SGX Nifty +15 pts (14953) from last trade 14938 ,*
Nikkei +192 pts ,
Hangseng +144 pts ,
Now @6.55am .
Dow +57.31 pts ,Nsdq +140.47 pts, S&P
+17.22 pts, Bovespa +689 pts , Ftse +56 pts , Dax +26 pts , Cac +35.pts , Crude @ $59.89 brl (+0.29), Brent @ $63.42 brl (+0.22) , Gold @ 1755.60 (-2.60), Silver @ $25.485 (-0.10), Euro @ $1.1915, JPY @ $109.21, INR @ 74.575
*US GOVT. 10-YEAR YIELD : 1.62%*
*Today's Corporate Action, 9th Apr Ex Date :*
INLANPR
Consolidation of Shares
PRITIKAUTO
Stock Split From Rs.10/- to Rs.2/-
RAMAPHO
Interim Dividend - Rs. - 1.0000
ROTO
Interim Dividend - Rs. - 1.4000
*Today's Key Results/Board Meetings, 9-Apr-21 :*
AGARIND
Issue Of Warrants;General;Preferential Issue of shares
DHANADACO
General
EVEXIA
General;Stock Split
GGENG
Stock Split
ICSL
Audited Results;General
KALPACOMME
General
*SEC. IN F&O BAN FOR 09-Apr-21 :*
*1. SAIL*
*Today's Alert :*
RBI to Conduct Auction of GOI BONDS for INR 320 Billion
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Economic Times
Ø India to resume buying oil from Iran once US sanctions ease
Ø India open for stronger trade relations with EU: Anurag Thakur
Ø NBCC, Suraksha group submit revised bids to acquire Jaypee Infratech through insolvency
Ø JSW Steel’s crude steel production up by 6% to 4.19 mt in Q4 of FY 21
Ø Japan looks to raise 2030 emissions cut target to at least 40%: Report
Ø BSNL, MTNL yet to clear AGR dues of over Rs 10,000 crore
Ø Coal's share in India's power mix hits highest in more than two years
Ø Vehicle registration fall 28.64% YoY in March despite low base: FADA
Ø Equity MFs record net monthly inflows after eight-month gap in March
Ø Net absorption of office space plunges 33% in Q1 of Calendar 2021: JLL
Ø First purchase of G-secs worth Rs 25,000 cr under G-SAP 1.0 on Apr 15: RBI
Ø US jobless claims jump to 744,000 as Covid-19 still forces layoffs
Mint
Ø Corporate revenue expected to grow 17% to ₹6.9-lakh cr in Q4 of FY21: Crisil
Ø As registrations dip in March, FADA fears lockdown hit
Ø Ashok Leyland arm in pact with Siemens for e-mobility solutions
Ø Indirect tax mop-up exceeds Revised Estimate by 9%
Ø RIL promoters to appeal against SEBI penalty
Ø Board approves amalgamation of Jay Shree Tea and Majhaulia Sugar
Ø SBI MF becomes first mutual fund house to cross ₹5 lakh crore average AUM mark
Ø Srei Equipment Finance gets funding interest from two global funds
Ø Vi Business forays into integrated IoT space, plans expansion in cloud services
Ø Macrotech Developers IPO subscribed 35% on Day 2 of bidding
Ø IFFCO to sell old stock of non-urea fertiliser at earlier rates
Financial Express
Ø During COVID-19 pandemic, India’s debt to GDP ratio increased from 74 pc to 90 pc: IMF
Ø Relief for OYO subsidiary in ‘bankruptcy’ case as NCLAT stays insolvency proceeding
Ø Tata Power Reports Outstanding Borrowing Of Rs 16,504.4 Cr
Ø ArcelorMittal Europe, Infosys Announce Collaboration For Digital Transformation
By: via @AlliesFin Serve Stock Market
Ø India to resume buying oil from Iran once US sanctions ease
Ø India open for stronger trade relations with EU: Anurag Thakur
Ø NBCC, Suraksha group submit revised bids to acquire Jaypee Infratech through insolvency
Ø JSW Steel’s crude steel production up by 6% to 4.19 mt in Q4 of FY 21
Ø Japan looks to raise 2030 emissions cut target to at least 40%: Report
Ø BSNL, MTNL yet to clear AGR dues of over Rs 10,000 crore
Ø Coal's share in India's power mix hits highest in more than two years
Ø Vehicle registration fall 28.64% YoY in March despite low base: FADA
Ø Equity MFs record net monthly inflows after eight-month gap in March
Ø Net absorption of office space plunges 33% in Q1 of Calendar 2021: JLL
Ø First purchase of G-secs worth Rs 25,000 cr under G-SAP 1.0 on Apr 15: RBI
Ø US jobless claims jump to 744,000 as Covid-19 still forces layoffs
Mint
Ø Corporate revenue expected to grow 17% to ₹6.9-lakh cr in Q4 of FY21: Crisil
Ø As registrations dip in March, FADA fears lockdown hit
Ø Ashok Leyland arm in pact with Siemens for e-mobility solutions
Ø Indirect tax mop-up exceeds Revised Estimate by 9%
Ø RIL promoters to appeal against SEBI penalty
Ø Board approves amalgamation of Jay Shree Tea and Majhaulia Sugar
Ø SBI MF becomes first mutual fund house to cross ₹5 lakh crore average AUM mark
Ø Srei Equipment Finance gets funding interest from two global funds
Ø Vi Business forays into integrated IoT space, plans expansion in cloud services
Ø Macrotech Developers IPO subscribed 35% on Day 2 of bidding
Ø IFFCO to sell old stock of non-urea fertiliser at earlier rates
Financial Express
Ø During COVID-19 pandemic, India’s debt to GDP ratio increased from 74 pc to 90 pc: IMF
Ø Relief for OYO subsidiary in ‘bankruptcy’ case as NCLAT stays insolvency proceeding
Ø Tata Power Reports Outstanding Borrowing Of Rs 16,504.4 Cr
Ø ArcelorMittal Europe, Infosys Announce Collaboration For Digital Transformation
By: via @AlliesFin Serve Stock Market
Thursday 8 April 2021
@AlliesFin Serve Stock Market's Post
*Mkt. Updates :*
*SGX Nifty +20 pts (14901) from last trade 14881 ,*
Nikkei -151 pts ,
Hangseng -71 pts ,
Now @6.52am .
Dow +16.02 pts ,Nsdq -9.54 pts, S&P
+6.01 pts, Bovespa +124 pts , Ftse +61 pts , Dax -36 pts , Cac -0.68.pts , Crude @ $59.58 brl (-0.20), Brent @ $63.16 brl (+0.00) , Gold @ 1737.70 (-3.90), Silver @ $25.205 (-0.04), Euro @ $1.1871, JPY @ $109.84, INR @ 74.355
*US GOVT. 10-YEAR YIELD : 1.67%*
*Today's Corporate Action, 8th Apr Ex Date :*
BRITANNIA
Interim Dividend
GOVINDRU
Resolution Plan -Suspension
INDNIPPON
Interim Dividend - Rs. - 6.0000
KAMAHOLD
Interim Dividend - Rs. - 108.0000
PREMCO
Interim Dividend - Rs. - 2.0000
RVNL
Interim Dividend - Rs. - 1.1400
SIS
Buy Back of Shares
*Today's Key Results/Board Meetings, 8-Apr-21 :*
INFRATRUST
General
MINALIND
Quarterly Results
SELMCL
General;Quarterly Results
SUNRAJDI
A.G.M.;Audited Results;General
*SEC. IN F&O BAN FOR, 8-Apr-21 :*
*1. SAIL*
By: via @AlliesFin Serve Stock Market
*SGX Nifty +20 pts (14901) from last trade 14881 ,*
Nikkei -151 pts ,
Hangseng -71 pts ,
Now @6.52am .
Dow +16.02 pts ,Nsdq -9.54 pts, S&P
+6.01 pts, Bovespa +124 pts , Ftse +61 pts , Dax -36 pts , Cac -0.68.pts , Crude @ $59.58 brl (-0.20), Brent @ $63.16 brl (+0.00) , Gold @ 1737.70 (-3.90), Silver @ $25.205 (-0.04), Euro @ $1.1871, JPY @ $109.84, INR @ 74.355
*US GOVT. 10-YEAR YIELD : 1.67%*
*Today's Corporate Action, 8th Apr Ex Date :*
BRITANNIA
Interim Dividend
GOVINDRU
Resolution Plan -Suspension
INDNIPPON
Interim Dividend - Rs. - 6.0000
KAMAHOLD
Interim Dividend - Rs. - 108.0000
PREMCO
Interim Dividend - Rs. - 2.0000
RVNL
Interim Dividend - Rs. - 1.1400
SIS
Buy Back of Shares
*Today's Key Results/Board Meetings, 8-Apr-21 :*
INFRATRUST
General
MINALIND
Quarterly Results
SELMCL
General;Quarterly Results
SUNRAJDI
A.G.M.;Audited Results;General
*SEC. IN F&O BAN FOR, 8-Apr-21 :*
*1. SAIL*
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Economic Times
Business Standard
Ø RBI to set up task force to review working of asset reconstruction companies
Ø IRDAI issues draft guidelines on trade credit insurance
Ø Tata Power Solar doubles manufacturing capacity to 1100 MW
Ø Supporting growth paramount for RBI now: Shaktikanta Das
Ø Goldman-backed ReNew to invest $9 billion on India’s green push
Ø Spectrum-trading pact: Airtel monetises unused airwaves, Jio saves $400m
Ø RBI keeps repo rate, reverse repo rate unchanged at 4% and 3.35%
Ø Cabinet approves Rs 6,238 crore PLI scheme for air-conditioners, LED lights
Ø Information Technology spending in India to reach $93 bn in 2021: Gartner
Ø Japan's Toshiba Corp considers $20 billion take-private deal: Report
Ø US trade deficit jumps 4.8% to record $71.1 billion in February
Ø Vedanta open offer subscribed just 58% after failed delisting bid
Business Line
Mint
Ø Economy likely to rebound strongly in 2021-22: RBI
Ø Despite the pandemic, Alang beached 187 ships for recycling
Ø HDFC invokes RPower shares
Ø Rage Coffee raises funds from investors led by Refex Capital
Ø Trifecta Capital files for ₹1,500 crore late stage VC Fund
Ø Steel Strips Wheels bags orders worth ₹42 cr from US, EU markets
Ø IL&FS sells environment business, to pare ₹1,200 crore of debt
Ø Macrotech Developers IPO subscribed 26% on the first day of bidding
Ø Mobile makers invest ₹1,300 cr under PLI Scheme in 2020 Dec qtr: Govt
Ø Redis Labs raises $110 Million led by Tiger, valuation doubles to $2 billion
Ø JSPL eager to build container manufacturing unit in Paradip
Financial Express
Deccan Chronicle
Ø IMF lifts China’s GDP to 8.4 %, but Gita Gopinath says growth unbalanced
Ø RBI retains GDP growth forecast at 10.5 pc for FY22
Ø Rajesh Exports bags Rs 745-cr order from Germany
Ø RBI targets 5.2 per cent retail inflation for first half of FY22, repo rate unchanged
By: via @AlliesFin Serve Stock Market
Business Standard
Ø RBI to set up task force to review working of asset reconstruction companies
Ø IRDAI issues draft guidelines on trade credit insurance
Ø Tata Power Solar doubles manufacturing capacity to 1100 MW
Ø Supporting growth paramount for RBI now: Shaktikanta Das
Ø Goldman-backed ReNew to invest $9 billion on India’s green push
Ø Spectrum-trading pact: Airtel monetises unused airwaves, Jio saves $400m
Ø RBI keeps repo rate, reverse repo rate unchanged at 4% and 3.35%
Ø Cabinet approves Rs 6,238 crore PLI scheme for air-conditioners, LED lights
Ø Information Technology spending in India to reach $93 bn in 2021: Gartner
Ø Japan's Toshiba Corp considers $20 billion take-private deal: Report
Ø US trade deficit jumps 4.8% to record $71.1 billion in February
Ø Vedanta open offer subscribed just 58% after failed delisting bid
Business Line
Mint
Ø Economy likely to rebound strongly in 2021-22: RBI
Ø Despite the pandemic, Alang beached 187 ships for recycling
Ø HDFC invokes RPower shares
Ø Rage Coffee raises funds from investors led by Refex Capital
Ø Trifecta Capital files for ₹1,500 crore late stage VC Fund
Ø Steel Strips Wheels bags orders worth ₹42 cr from US, EU markets
Ø IL&FS sells environment business, to pare ₹1,200 crore of debt
Ø Macrotech Developers IPO subscribed 26% on the first day of bidding
Ø Mobile makers invest ₹1,300 cr under PLI Scheme in 2020 Dec qtr: Govt
Ø Redis Labs raises $110 Million led by Tiger, valuation doubles to $2 billion
Ø JSPL eager to build container manufacturing unit in Paradip
Financial Express
Deccan Chronicle
Ø IMF lifts China’s GDP to 8.4 %, but Gita Gopinath says growth unbalanced
Ø RBI retains GDP growth forecast at 10.5 pc for FY22
Ø Rajesh Exports bags Rs 745-cr order from Germany
Ø RBI targets 5.2 per cent retail inflation for first half of FY22, repo rate unchanged
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Rupee falls sharply with traders pointing to the RBI’s new bond buying plan to unwinding of hedging positions in the NDF market. https://www.bloombergquint.com/business/rupee-sees-its-steepest-one-day-drop-since-august-2019
By: via @AlliesFin Serve Stock Market
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
RBI to infuse ₹1 trillion in Q1 to cap bond yields
https://www.livemint.com/news/india/rbi-to-infuse-1-trillion-in-q1-to-cap-bond-yields-11617822243264.html
By: via @AlliesFin Serve Stock Market
https://www.livemint.com/news/india/rbi-to-infuse-1-trillion-in-q1-to-cap-bond-yields-11617822243264.html
By: via @AlliesFin Serve Stock Market
Wednesday 7 April 2021
@AlliesFin Serve Stock Market's Post
#RBI keeps rates unchanged and continues accommodative stance.
#Gdp growth projected to be 10.5%.
#alliesfin
By: via @AlliesFin Serve Stock Market
#Gdp growth projected to be 10.5%.
#alliesfin
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Economic Times
Ø Reliance, other energy majors form hydrogen coalition
Ø India's growth rate to jump to 12.5 per cent in 2021: IMF
Ø S&P Global raises Tata Steel Ratings to BB- on the back of strong operating performance
Ø Economic recovery still shallow, a month's national lockdown can dent GDP by 2 pc: Report
Ø 86% insolvency cases pending over 270 days
Ø India to buy one-third less oil from Saudi Arabia
Ø FM calls for greater coordination among BRICS on IMF's quota review
Ø Domestic passenger traffic slips to 10-year low in pandemic-hit FY21
Ø Lodha allots shares worth Rs 740 cr to anchor investors ahead of IPO
Ø Airtel to transfer 800 MHz spectrum in 3 circles to Jio for Rs 1,038 cr
Ø Steel prices hiked by Rs 5,000 a tonne on global rally, iron ore rises too
Mint
Ø Cement demand to surpass 340 million tonnes in FY22: ICRA
Ø PE funding dips 7.7% to $3.44 bn across 260 deals in Q1
Ø ‘Cairn dispute can’t be settled via Vivad se Viswas scheme’
Ø Tata Steel sales up 15% in Q4 on rise in demand
Ø Pitstop raises $3.5 million in pre-Series B funding led by Ventureast
Ø Sebi modifies framework for limited purpose clearing corporation by MFs
Ø Axis Bank becomes co-promoter of Max Life Insurance, to own 12.9% stake
Ø Brookfield, ADIA, CDPQ invest in Lodha's anchor book ahead of IPO
Ø SuperBottoms raises $2 million in Series A funding
Ø IMF warns severe downside risk to India’s growth outlook
Deccan Chronicle
Ø Lendingkart Finance raises USD 15 mn funding from Netherlands’ FMO
Ø Nabard balance sheet grows 24% to Rs 6.57 lakh cr in FY21
Ø Northern Arc Investments exits first fund
Ø LG to exit loss-making mobile phone business worldwide
Ø GST mop-up hits record Rs 1.23 lakh crore in March
By: via @AlliesFin Serve Stock Market
Ø Reliance, other energy majors form hydrogen coalition
Ø India's growth rate to jump to 12.5 per cent in 2021: IMF
Ø S&P Global raises Tata Steel Ratings to BB- on the back of strong operating performance
Ø Economic recovery still shallow, a month's national lockdown can dent GDP by 2 pc: Report
Ø 86% insolvency cases pending over 270 days
Ø India to buy one-third less oil from Saudi Arabia
Ø FM calls for greater coordination among BRICS on IMF's quota review
Ø Domestic passenger traffic slips to 10-year low in pandemic-hit FY21
Ø Lodha allots shares worth Rs 740 cr to anchor investors ahead of IPO
Ø Airtel to transfer 800 MHz spectrum in 3 circles to Jio for Rs 1,038 cr
Ø Steel prices hiked by Rs 5,000 a tonne on global rally, iron ore rises too
Mint
Ø Cement demand to surpass 340 million tonnes in FY22: ICRA
Ø PE funding dips 7.7% to $3.44 bn across 260 deals in Q1
Ø ‘Cairn dispute can’t be settled via Vivad se Viswas scheme’
Ø Tata Steel sales up 15% in Q4 on rise in demand
Ø Pitstop raises $3.5 million in pre-Series B funding led by Ventureast
Ø Sebi modifies framework for limited purpose clearing corporation by MFs
Ø Axis Bank becomes co-promoter of Max Life Insurance, to own 12.9% stake
Ø Brookfield, ADIA, CDPQ invest in Lodha's anchor book ahead of IPO
Ø SuperBottoms raises $2 million in Series A funding
Ø IMF warns severe downside risk to India’s growth outlook
Deccan Chronicle
Ø Lendingkart Finance raises USD 15 mn funding from Netherlands’ FMO
Ø Nabard balance sheet grows 24% to Rs 6.57 lakh cr in FY21
Ø Northern Arc Investments exits first fund
Ø LG to exit loss-making mobile phone business worldwide
Ø GST mop-up hits record Rs 1.23 lakh crore in March
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*SGX Nifty +36 pts (14800) from last trade 14764 ,*
Nikkei +102 pts ,
Hangseng +163 pts ,
Now @6.52am .
Dow -96.95 pts ,Nsdq -7.21 pts, S&P
-3.97 pts, Bovespa -19 pts , Ftse +86 pts , Dax +105 pts , Cac +28.pts , Crude @ $59.10 brl (-0.22), Brent @ $62.74 brl (+0.00) , Gold @ 1743.90 (+1.10), Silver @ $25.185 (-0.04), Euro @ $1.1872, JPY @ $109.72, INR @ 73.485
*Today's Corporate Action*
*7th Apr Ex Date*
EDELWEISS
Interim Dividend - Rs. - 0.9000
*Today's Key Results/Board Meetings*
*7-Apr-21*
ARCHIDPLY
General
KHAITANLTD
General
SIMPLXMIL
General
SIMPLXPAP
General
STURDY
General
TANLA
General
UCOBANK
Preferential Issue of shares
*Stock under F&O ban on NSE*
*7-Apr-21*
1SAIL
By: via @AlliesFin Serve Stock Market
Nikkei +102 pts ,
Hangseng +163 pts ,
Now @6.52am .
Dow -96.95 pts ,Nsdq -7.21 pts, S&P
-3.97 pts, Bovespa -19 pts , Ftse +86 pts , Dax +105 pts , Cac +28.pts , Crude @ $59.10 brl (-0.22), Brent @ $62.74 brl (+0.00) , Gold @ 1743.90 (+1.10), Silver @ $25.185 (-0.04), Euro @ $1.1872, JPY @ $109.72, INR @ 73.485
*Today's Corporate Action*
*7th Apr Ex Date*
EDELWEISS
Interim Dividend - Rs. - 0.9000
*Today's Key Results/Board Meetings*
*7-Apr-21*
ARCHIDPLY
General
KHAITANLTD
General
SIMPLXMIL
General
SIMPLXPAP
General
STURDY
General
TANLA
General
UCOBANK
Preferential Issue of shares
*Stock under F&O ban on NSE*
*7-Apr-21*
1SAIL
By: via @AlliesFin Serve Stock Market
Tuesday 6 April 2021
@AlliesFin Serve Stock Market's Post
Economic Times
Business Standard
Ø ICRA warns of significant jump in bad loans in current fiscal year
Ø U.S. service sector activity index jumps to record high in March: ISM survey
Ø Housing sales up 44 per cent in January-March 2021 across 8 cities: Report
Ø J.P. Morgan ties up with BillDesk for online payments partnership
Ø NCL supplies 87 pc of total coal to power producers in FY21
Ø JSPL reports a 20% rise in annual sales for FY 21, production up by 19% year-on-year
Ø Radiance buys Azure's 152 MW solar rooftop assets
Ø India attracts over $72 bn FDI in Apr-Jan FY21; Japan leads the list: Govt
Ø Bank of India to allot preferential shares to govt for Rs 3,000 crore
Ø Oil prices drop below $64 as rising OPEC+, Iranian output weighs
Ø Byju's acquired Aakash Edu Services for nearly $1 bn over a Zoom call
Ø CareerLabs raises $2.2 mn from Rocket Internet's VC fund GFC, others
Ø US FDA nod to Teva for key specialty product to weigh on Sun Pharma
Ø HDFC Bank's advances grow 14% YoY in Q4; sequentially up 4.6%
Ø
Business Line
Mint
Ø Manufacturing PMI falls to 7-month low of 55.4 in March
Ø Marico expects low double-digit bottomline growth in Q4 of FY21
Ø Radiance Renewables acquires solar rooftop assets of Azure Power for ₹536.5 crore
Ø CareerLabs secures $2.2 million in new financing round
Ø BEL bags 12 Green Channel Certificates for 41 products
Ø iD Fresh Food revenue up 23.5% at ₹294 crore in FY21
Ø Govt amends insolvency law; introduces pre-packaged resolution process for MSMEs
Ø NHAI files draft prospectus for first InVIT; plans to raise at least ₹5,100 cr
Ø India well-armed to combat downside risk of second covid wave: Finance Ministry
Ø Russia’s revival is an opportunity for EM investors
Ø Shriram Properties to file draft papers for ₹800 crore IPO
Financial Express
Deccan Chronicle
Ø RBI’s MPC starts deliberating on next monetary policy
Ø Sugar sales hit due to COVID-19; cooperative mills seek more time to clear unsold quota: NFCSF
Ø Adani Ports acquires residual 25 pc stake in Krishnapatnam Port for Rs 2,800 cr
Ø LG to exit loss-making mobile phone business worldwide
By: via @AlliesFin Serve Stock Market
Business Standard
Ø ICRA warns of significant jump in bad loans in current fiscal year
Ø U.S. service sector activity index jumps to record high in March: ISM survey
Ø Housing sales up 44 per cent in January-March 2021 across 8 cities: Report
Ø J.P. Morgan ties up with BillDesk for online payments partnership
Ø NCL supplies 87 pc of total coal to power producers in FY21
Ø JSPL reports a 20% rise in annual sales for FY 21, production up by 19% year-on-year
Ø Radiance buys Azure's 152 MW solar rooftop assets
Ø India attracts over $72 bn FDI in Apr-Jan FY21; Japan leads the list: Govt
Ø Bank of India to allot preferential shares to govt for Rs 3,000 crore
Ø Oil prices drop below $64 as rising OPEC+, Iranian output weighs
Ø Byju's acquired Aakash Edu Services for nearly $1 bn over a Zoom call
Ø CareerLabs raises $2.2 mn from Rocket Internet's VC fund GFC, others
Ø US FDA nod to Teva for key specialty product to weigh on Sun Pharma
Ø HDFC Bank's advances grow 14% YoY in Q4; sequentially up 4.6%
Ø
Business Line
Mint
Ø Manufacturing PMI falls to 7-month low of 55.4 in March
Ø Marico expects low double-digit bottomline growth in Q4 of FY21
Ø Radiance Renewables acquires solar rooftop assets of Azure Power for ₹536.5 crore
Ø CareerLabs secures $2.2 million in new financing round
Ø BEL bags 12 Green Channel Certificates for 41 products
Ø iD Fresh Food revenue up 23.5% at ₹294 crore in FY21
Ø Govt amends insolvency law; introduces pre-packaged resolution process for MSMEs
Ø NHAI files draft prospectus for first InVIT; plans to raise at least ₹5,100 cr
Ø India well-armed to combat downside risk of second covid wave: Finance Ministry
Ø Russia’s revival is an opportunity for EM investors
Ø Shriram Properties to file draft papers for ₹800 crore IPO
Financial Express
Deccan Chronicle
Ø RBI’s MPC starts deliberating on next monetary policy
Ø Sugar sales hit due to COVID-19; cooperative mills seek more time to clear unsold quota: NFCSF
Ø Adani Ports acquires residual 25 pc stake in Krishnapatnam Port for Rs 2,800 cr
Ø LG to exit loss-making mobile phone business worldwide
By: via @AlliesFin Serve Stock Market
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