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• Severe Cyclone May Reach Near India’s Odisha Coast Tuesday
• India Central Bank Intervenes to Defend Rupee, Ready to Do More
o Rupee drops as much as 0.8% to 77.53 against the dollar
• Foreigners Make a Last Minute Dash for India’s Biggest IPO
• India, China Can Hike Russia Oil Imports by Min. 500kb/d: Rystad
• India Reaps Export Windfall as U.S., Europe Scamper for Fuel
o Refiners shipped gasoline, diesel at near-record volumes
• India’s Desperate Metal Makers Hunt for Coal Overseas
• Steel Rally in India Shows Signs of Fatigue, Crisil Says
• India Is Said to Review Controversial Colonial-Era Sedition Law
• Schroders $32 Billion India Partner Said to Face Regulator Probe
• Asian Paints to Report Results; Shares Down 11.9% YTD: Preview
• Cipla to Report Results; Shares Down 1.6% YTD: Preview
• Vodafone Idea to Report Results; Shares Down 41.0% YTD: Preview
• Emerging Market ETFs Rebound From Losses, Rise $174.4 Mln
• Global Funds Sell Net INR33.6B of India Stocks on Monday: NSE
o Domestic funds buy net 30.8b rupees of stocks
• Foreign Investors Sell Net INR46.2B of Indian Equities on May 6
• Foreigners Buy Net INR27.6B of Indian Equity Derivatives Monday
• India Wants RBI to Lower Bond Yields, Reuters Reports
• Raging severe cyclone Asani likely to weaken on nearing coast: PTI
• Dalmia Bharat (DALBHARA): 4Q Net Income 5.95B Rupees Vs. 6.27B Rupees Y/y
• Godrej Agrovet (GOAGRO): 4Q Net Income 1.22b rupees vs. 565.9m y/y, Beats est. 814.6m; Revenue +42% to 20.8b
• Gujarat Narmada (GNFC): 4Q Net Income 6.43B Rupees Vs. 3.11B Rupees Y/y; Revenue +60% to 27.7b
• HCL Technologies (HCLT): To Acquire Quest Informatics for INR150m
• Shipping Corp. (SCI): Approves Modification in Demerger Plan; Change Won’t Impact Shares Entitlement Ratio
• SRF (SRF): 4Q Net Income 6.06 b rupees, +59% y/y, estimate 5.78 b Beats Estimates
• Vedanta (VEDL): Zambia Has Agreed to End Litigation With Vedanta Over Mines
By: via @AlliesFin Serve Stock Market
