• Agency Says Ending Brazil Cold-Rolled Steel Duties Won’t Hurt US
• India Needs to Move Cautiously on Crypto Assets, Official Says
• Paytm CEO Sharma Must Be Replaced With a Professional, IiAS Says
• India Crackdown Puts $4.4 Billion Debt at Risk of Downgrade
• RBI Modified Bilateral Meeting of Qualified Financial Contracts
• India Cumulative Monsoon Rainfall 8% Above Normal as of Aug. 11
• Emerging Economies 2Q GDP Forecast Steady; India Seen at 14.3%
• Global Funds Buy Net INR23B of India Stocks on Thursday: NSE
o Domestic funds sell net 7.3b rupees of stocks
• Foreign Investors Buy Net INR24.55B of India Equities Wednesday
• Foreigners Buy Net INR28.5B of India Equity Derivatives Thursday
• China blocks US-India bid at UN to blacklist JeM dy chief Abdul Rauf Azhar: PTI
• India-UK trade set to double by 2030: Report: PTI
• 5:30pm: India July Consumer Price Inflation y/y; est. 6.76%, prior 7.01%
• 5:30pm: India June Industrial Production y/y; est. 10.3%, prior 19.6%
• 08/12-08/15: India July Trade Balance, est. - $31.0b, prior -$26.18b
o India July Exports Y/y; prior 23.5%
o India July Imports Y/y; prior 57.6%
• Apollo Hospitals (APHS): 1Q net income -35% Y/y to 3.17b rupees, beats est. 1.96b; revenue +1.1% to 38b
• Aurobindo Pharma (ARBP): 1Q Net Income -32% Y/y to 5.2b rupees, misses est. 6.2b; revenue +9.5% to 62.4b
• Bata India (BATA): 1Q net income 1.19B rupees Vs. loss 694.8M Y/y; revenue 9.43b vs. 2.67b
• Life Insurance Corp (LICI): Raises Voltas (VOLT) holding to 6.861% from 4.833% via market purchase
• Page Industries (PAG): 1Q Net Income 2.07b rupees vs. 109.5m Y/y, Beats est. 1.89; revenue 13.4b vs. 5.02b
• Phoenix Mills (PHNX): 1Q net income 7.19b rupees vs. loss 262m Y/y, beats est. 1.22b; 1Q had exceptional gain of 5.57B
By: via @AlliesFin Serve Stock Market
