Monday, 17 January 2022

@AlliesFin Serve Stock Market's Post

Namaste
TG @AlliesFin

• Virus Rebound Cuts India’s Road Fuel Sales After Strong December
o Gasoline, diesel sales by top 3-fuel retailers dip 14% m/m
• India Central Bank Proposes Relaxing Key Investment Class Rules
o RBI paper suggests removing current cap on HTM securities
• 10 Companies Bidding for Incentives Under Indian Battery Scheme
• HDFC Bank Profit Beat Estimates, Up 18% On Year On Loan Growth
• Chip Woes at Indian Carmakers Persist Even as Sales Jump
• India’s Winter Crop Area Rises 1.2% to 66.46 Million Hectares
• India Records 2021 as Fifth Warmest Year in More Than a Century
• Underwriters Save New India 10-Year Bond Auction Before Budget
• India’s Sensex Posts Longest Run of Weekly Gains Since September
• India’s FX Reserves Fall $878M to $632.7b in week to Jan. 7
o India Official Reserves Drop to Lowest Since August
• RBI Sold INR56.4B of Bonds in Secondary Market Last Week
• Global Funds Sell Net INR16B of India Stocks on Friday: NSE
o Domestic funds buy net 3.71b rupees of stocks
• Foreign Investors Sell Net INR13.7B of Indian Equities Thursday
• Foreigners Buy Net INR36b of India Equity Derivatives on Friday
• WEF to host online Davos Agenda summit; PM Modi’s address on Monday: PTI
• GAIL director arrested by CBI in bribery case: PTI
• Apollo Tyres (APTY): Buys stake in CSE Deccan Solar for INR93.3m cash deal
• HCL Tech (HCLT): 3Q net income 34.4b rupees Vs. 39.69b y/y; revenue +16% y/y to 223.3b; Acquires Hungarian data engineering services company Starschema for $42.5m
• HDFC Bank (HDFCB): 3Q net income +18% y/y to 103.4b rupees, beats est. 101.40b, provisions -24% q/q to 29.9b; Gross NPA 1.26% vs. 1.35% q/q
• Hero MotoCorp (HMCL): To invest INR4.2b more in Ather Energy in EV push
• Maruti Suzuki (MSIL): To raise prices By average of 1.7% from Saturday
• Metro Brands (METROBRA): Tiea-up with footware brand Fitflop for India
• NBCC India (NBCC): Dec. total business at INR5.92b
• Oil India (OINL): Sells its stake in Niobrara Shale Asset in U.S. for $25M
• PB Fintech (POLICYBZ): To buy 100% stake in Visit Internet for INR224.1m
• RBL Bank (RBK): Hires search firm, external expert to hunt for CEO
By: via @AlliesFin Serve Stock Market

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

https://x.com/cnbctv18live/status/1870100490643747026?s=52 By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/Al...