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1 June 23 Indian market migh open flat amid mix global cues The Sensex was up 21.63 points at 62,643.87 and Nifty was up 15.90 points at 18,550.30 Stocks in Focus Coal India: The government will sell up to 18.48 crore shares of the company, representing a 3% stake, via an offer for sale on June 1 and 2. MOIL increased prices of manganese ore grades by 10%, effective from the June 1. Tata Motors is looking to buy back external commercial bonds worth $250 million from bond holders. HFCL will spend Rs 470 crore to expand current optical fibre capacity to 33.9 million fibre kilometer per annum from 10 million fibre kilometer per annum at its manufacturing facility in Telangana. Laurus Labs will acquire additional 7.24% stake in Immunoadoptive Cell Therapy for Rs 80 crore. 31 May 23 Indian indices might open on a flat to negative note amid weak global cues. The Sensex was down 161.93 points at 62807.20 and Nifty was down 50.50 points at 18583.30 Stocks in Focus Coal India will increase prices of high-grade coal by 8%, applicable across subsidiaries, leading to revenue rising by additional Rs 2,703 crore during the current fiscal. Mahindra & Mahindra incorporated subsidiary Mahindra Last Mile Mobility to manage its three-wheeler and small commercial vehicle business. Aurobindo Pharma received tentative new drug application approval from U.S. FDA for HIV drugs Dolutegravir, Entricitabine and Tenofovir Alafenamide tablets. Lupin entered a strategic collaboration with Enzene Biosciences to launch Cetuximab in India, used in treatment of head and neck cancer. Block deal : HDFC Life , Sona BLW 26 May 23 Indian market are ready to enter in new series on a flat to positive note The Sensex was up 104.73 points at 61977 and Nifty was up 31.60 points at 18352.80 Stocks in Focus Reliance Industries: Step-down FMCG subsidiary Reliance Consumer Products completed the acquisition of 51% controlling stake in Lotus Chocolates. Praj Industries: The board approved forming a 50:50 joint venture with Indian Oil Corporation to set up biofuel production facilities and market CBG, Ethanol, SAF and various coproducts and intermediates. Vedanta: Cairn Oil & Gas announced reserves and resources portfolio crossed 1.1 billion barrels of oil equivalent Tata Power: LIC has increased its stake in the company to 7.94% from 5.91%. Bata India: LIC has increased its stake in the company to 6.53% from 4.5%. 24 May 23 Indian market might witness a gap-down opening amid weak global cues after the debt ceiling issue in the US The Sensex was down 238.71 points at 61,743 and the Nifty was down 69.70 points at 18278.30 Stocks in Focus Ipca Laboratories has increased its shareholding in Lyka Labs by 9.76% in two tranches. Wipro will integrate Google Cloud’s full suite of Generative AI products and services with its own AI intellectual property to bring the same to its clients. NTPC aims to add 16 GW of renewable capacity by the fiscal ended 2026, the management said during its recent earnings call. Adani Green Energy: The board meeting scheduled on May 24 to consider raising funds was canceled due to the non-availability of directors Shriram Properties has acquired 100% development rights for an ongoing project in Chennai through its wholly-owned subsidiary Shrivision Elevations. 23 May 23 The Indian equity market is expected to witness a positive start today ahead of FINNIFTY's expiry. The Sensex was up 145 points at 62108.76 and the Nifty was up 57.40 points at 18371.80 Stocks in Focus Vedanta announced the first interim dividend of Rs 18.50 per share for the financial year 2023-24, with a total outgo of Rs 6,877 crore. JSW Steel: The resolution plan of company’s subsidiary JSW Steel Coated Products for National Steel and Agro Industries has been approved by the NCLT. Coal India: The Joint Bipartite Committee for the Coal Industry signed the National Coal Wage Agreement for the period of five years, effective July 1, 2021. ITI: The company has received an advance purchase order worth Rs 3,889 crore from BSNL for planning, engineering, supply, installation, commissioning, and AMC of 4G network for 23,633 sites in the west zone of BSNL Network. Reliance Industries/Bharti Airtel/Vodafone Idea: Reliance Jio gained 3.05 million subscribers, whereas Bharti Airtel added 1.03 million users in March, as per TRAI data. Vodafone Idea lost 1.21 million users during the month. 22 May 23 The Sensex was down 123.17 points at 61,606.51and Nifty was down 22.60 points at 18180.80 Stocks in Focus The Mumbai bench of the National Company Law Tribunal has dismissed the application by IDBI Bank to initiate insolvency proceedings against Zee Entertainment. NDTV’s stock has been moved out of long-term additional surveillance measure framework by BSE and the National Stock Exchange. NTPC Green Energy, the renewable arm of the company, signed an MoU with HPCL Mittal Energy under which it will supply 250 MW green energy to the latter. Aurobindo Pharma: The U.S. FDA has issued a Form 483 with four observations after inspecting the company’s Unit XIV, an API non antibiotic manufacturing facility situated at Paravada Industrial Area, in Anakapalli, Andhra Pradesh. Piramal Pharma: The U.S. FDA completed the good manufacturing practices and pre-approval inspection of the company’s Pithampur facility with no Form 483 observations. 18 May 23 The market might open in green ahead of the weekly expiry and results of SBI and ITC. The Sensex was up 278.37 points at 61839.01 and the Nifty was up 81.20 points at 18263 Stocks in Focus State Bank of India: The Reserve Bank of India allowed SBI to acquire up to 9.99% of the paid-up share capital or voting rights of HDFC Bank. Vedanta’s board will meet on May 22 to consider the first interim dividend for the fiscal 2023-24. The record date for the dividend, if approved, will be May 30. JSW Steel has been selected as the preferred bidder for the composite license of the unexplored Surjagad 4 iron ore block in Gadchiroli, Maharashtra. Vedant Fashions: Promoter Ravi Modi Family Trust will sell up to 9.88% stake in the company through an offer for sale on May 18 and 19. The floor price for the offer is Rs 1,161 per share. KPI Green Energy: The company has completed the charging of a 9.4 MW wind-solar hybrid project for Greenlab Diamonds 16 May 23 Indian indices are heading towards its all time high. Sensex was down 31.18 points at 62314.53 and Nifty was down 1.30 points at 18397.50 Stocks in Focus Goverment reduced the windfall tax to zero, Oil India, ONGC, Reliance, and HPCL will react Supreame court hearing on Adani issue is postponed till July. Ultratech Nathdwara Cement, Ultratech’s wholly owned subsidiary commissioned a brownfield cement facility with an annual capacity of 0.8 million tonnes in Neem Ka Thana, Rajasthan. Wipro will integrate its cloud computing framework with Google Cloud’s Rapid Migration Program, together with artificial intelligence and automated tooling, to accelerate cloud adoption among its clients. Vedanta appointed Sonal Shrivastava as the chief financial officer, effective June 1, it said in a statement. Earnings: Bharti Airtel 15 May 23 The market is ready to react on inflation numbers and Karnataka election results. The Sensex was up 43.76 points up at 62071.66 and the Nifty was up 15.50 points up at 18330.30 Stocks in Focus Adani Transmission: The board approves Rs 8,500 crore qualified institutional placement. Adani Enterprises: The board approves fundraise of Rs 12,500 crore via QIP. It will seek the approval of shareholders for the aforesaid issuance. Birla Corporation: Wholly owned subsidiary RCCPL Pvt. Ltd. acquired limestone mining rights over 889.76 hectares in Katni, Madhya Pradesh Vedanta: The company approved capex of $296 million in Cairn Oil and Gas operations. Tata Motor stocks will react on positive results and improvements in JLR numbers. Defense stocks will be in focus as ministry of defense published a list of products which will no longer be import 9 May 23 The Indian market might contiune its rally on day 2 of the week. Stocks in Focus Godrej Consumer Products has completed the acquisition of Raymond Consumer Care by way of a slump sale. Greenply Industries announced a joint venture with Netherlands-based Samet BV on a 1:1 shareholding basis to manufacture and sell functional furniture hardware through a manufacturing facility in India. Dev Information Technology received an order worth Rs from Gujarat State Fertilizers & Chemicals for installation, supply, commission, implementation and maintenance of enterprise class mailing solution at the latter’s head office. JSW Steel: The board of directors will convene on May 19 to consider a dividend on the company’s shares, raising long-term funds via qualified institutions placement of permissible securities, issuance of non-convertible senior unsecured fixed rate bonds in the international markets and issuance of redeemable non-convertible debentures, or other permissible means. Ami Organics’s board will meet on May 13 to consider the recommendation of a final dividend for the financial year 2022-23. 5 May 23 Indian equity market witnessed a gap down opening. Stocks in Focus Manappuram Finance: The enforcement directorate has frozen the company’s assets worth Rs 143 crore. The National Company Law Tribunal admitted the plea of the Bank of India to initiate insolvency proceedings against Future Lifestyle Fashions on an alleged default of Rs 495.91 crore. Indraprastha Gas signed a memorandum of understanding with diversified renewable energy firm ACME to set up infrastructure for supplying green hydrogen. Zydus Lifesciences received approval from the U.S. FDA to manufacture and market Sucralfate tablets used to treat and prevent ulcers in the intestines. SBI Life Insurance Company: The board approved extending the term of Mahesh Kumar Sharma as managing director and chief executive officer of the company up to Sept. Aditya Birla Fashion and Retail: India Ratings and Research has upgraded its ratings on the company's term loans, long-term fund-based working capital, and non-convertible debentures to ‘IND AA+’ from ‘IND AA’, keeping the outlook stable. 4 May 23 Indian equity market might start under pressure after Fed policy ahead of weekly expiry. Stocks in Focus Central Bank of India: The state-run bank clarified that it has a total exposure of Rs 1,987 crore to Go Air as of March 31, 2023, representing 0.91% of total advances. SJVN bagged an order of Rs 1,200 crore from Gujarat Urja Vikas Nigam to develop a 200 MW grid-connected solar power project in Khavda Solar Park, Gujarat. GR Infraprojects has been selected as the lowest bidder for the construction of four-lane highway along the NH-731A in Kausambi, Uttar Pradesh. AstraZeneca Pharma India has received approval from Central Drugs Standard Control Organisation to import breast cancer drug Trastuzumab deruxtecan, or Enhertu, for sale and distribution in India. TVS Motor Company declared a goodwill benefit scheme for customers who paid over and above the threshold limit fixed by FAME scheme. Hero MotoCorp will expand its e-mobility brand Vida to 100 cities across India by the end of 2023. 3 May 23 Equity market might start in red, with major indices down Stocks in Focus Mahindra & Mahindra Financial Services: April Monthly Business Updates (YoY)-Overall disbursement increased 39% to Rs 3,775 crore.-Collection efficiency improved to 92 Vedanta/Hindustan Zinc: Promoter Vedanta had encumbered 8.05 crore shares of subsidiary Hindustan Zinc on April 28, representing 1.91% of the total share capital of the latter, for a loan to raise long-term working capital. Ahluwalia Contracts: The company received an order worth Rs 2,450 crore from Rail Land Development Authority for redevelopment of Chhatrapati Shivaji Maharaj Terminus at Mumbai. Infosys: The IT bellwether has collaborated with software provider SolarWinds to help the latter advance to a new SaaS model. rasim Industries: Operations had to be stopped at the company’s VSF manufacturing unit due to a fire in Harihar, Karnataka. Production is expected to be resumed at the facility in three to four weeks’ time, as per BSE filing. Godrej Consumer Products: During its meeting scheduled on May 10, the board will also consider a proposal to raise up to Rs 5,000 crore via non-convertible debentures. 2 May 23 Equity market are expected to start on postive note. Kotak Bank, Ultratech cement, and Auto stocks will be in focus. Stocks in Focus Jet Airways: Sanjiv Kapoor, the CEO-designate of the grounded airline resigned, confirmed owner Jalan-Kalrock Consortium said in a statement. Ultratech Cements: The board approved merger three subsidiaries—Ultratech Nathdwara Cement, Swiss Merchandise Infrastructure, and Merit Plaza—with the company. Life Insurance Corporation of India: The finance ministry has approved the appointment of managing director Siddhartha Mohanty as chairperson till June 29, 2024, and thereafter as chief executive officer and managing director till June 07, 2025. Biocon: Biocon Biologics’ monoclonal antibodies drug substance manufacturing facility in Bengaluru has received a Certificate of GMP Compliance for biosimilar Bevacizumab from Health Products Regulatory Authority, Ireland. Gujarat Alkalies and Chemicals: GACL-NALCO Alkalies & Chemicals, a joint venture between the company and National Aluminium Company, has commissioned the second unit of 130MW captive power plant at Dahej. Trident: The company’s paper division will be shut from April 28 till the end of May due to preventive maintenance, de-bottlenecking and upgradation of the production facilities. 28 Apr 23 Market is set to enter in May series with a positive opening. At pre-open Sensex was up 87.59 points or 0.14% at 60,736.97 while the Nifty was down up 26.70 point or 0.15% at 17,941.70 Stocks in Focus Godrej Consumer Products has entered into an agreement to acquire the FMCG business of Raymond Consumer Care, along with trademarks of Park Avenue, KS, Kamasutra and Premium, for Rs 2,825 crore through a slump sale. RB Infrastructure has received the letter of award from Hyderabad Metropolitan Development Authority for building an eight-lane outer ring road. KNR Construction signed a concession pact with for building a six-lane greenfield highway from Greenfield Highway from Marripudi to Somvarappadu of Bengaluru-Vijayawada economic corridor in Andhra Pradesh. PI Industries: The company’s wholly owned subsidiary PI Health Sciences will acquire Indian subsdiairiy of Therachem Research Medilab—TRM India—for $42 millio IRCTC has signed an MoU with Border Security Force for comprehensive train booking and on-board catering services to paramilitary force’s personnel 27 April  23 Indian equity market are expected to open on a flat note ahead of expiry. At pre-open Sensex was down 21.89 points or 0.04% at 60,278.69 while the Nifty was down 9.30 point or 0.05% at 17,804.30 Stocks in Focus Infosys entered into a collaboration with Walmart Commerce Technologies to offer services to retailers that will help them leverage technology solutions to simplify customer and store employee experiences. HCL Technologies has been selected to deploy an IT system for Vienna-based pigment maker Heubach Group across 11 countries Tata Motors signed a definitive agreement with Cummins to manufacture low- to zero-emissions technology products in India over the next few years. Tata Power: S&P Global upgraded its rating for the company to ‘BB+’ from ‘BB’ while keeping the outlook stable. Rail Vikas Nigam has been designated a Navratna company by the finance ministry. Earning Today : Wipro, Bajaj Finserv, Axis Bank, Hindustan Unilever, Tech Mahindra, LTIMindtree, ACC, Mphasis. 26 April  23 Indian equity market are expected to start flat. At pre-open Sensex was up 19.91 points or 0.03% at 60,150.62 while the Nifty was down 6.80 point or 0.04% at 17,762.50 Stocks in Focus KPI Green Energy commissioned a 26.1 MW wind-solar hybrid power project at Bhungar site in Bhavnagar under Gujarat Wind-Solar Hybrid Power Policy, 2018. UCO Bank: The board will convene on May 2 to consider raising equity capital via follow-on public offer, qualified institutions placement, preferential issue, etc. for the fiscal 2024. Bata India appointed Anil Ramesh Somani as chief financial officer of the company for five years with immediate effect. JSW Holdings denied reports claiming that it is in talks to acquire stock in auto companies BYD India and MG Motor India. Cipla will dissolve wholly owned step-down subsidiary Madison Pharmaceuticals with effect from April 28. Madison is a dormant entity, and its dissolution will not affect the performance or revenue of the company, Cipla said. Earnings Today : Maruti Suzuki India, SBI Life Insurance Company, HDFC Life Insurance, Bajaj Finance. 25 April  23 Will market be able to continue its rally among flat cues? At pre-open Sensex was down 12.90 points or 0.02% at 60,043.20 while the Nifty was down 6.70 point or 0.04% at 17,736.70 Stocks in Focus Ipca Laboratories will acquire 33.38% stake in Unichem Laboratories for a cash consideration of Rs 1,034.06 crore. Infosys signs deal with Aramco to enhance the energy behemoth’s HR platform. The financial details of the deal were not revealed. Welspun India: The board of the company will meet on April 27 to consider a buyback scheme and recommended dividend for the 2023 fiscal. Mahindra Lifespaces Developers selected as the preferred partner to redevelop a residential society in Malad, West under a project worth Rs 850 crore. Poonawalla Fincorp: Ratings agency Crisil has upgraded its rating on the long-term bank facilities and non-convertible debentures of the company to 'CRISIL AAA/Stable' from 'CRISIL AA+/Stable’. Choice International: The Choice Group announced plans to launch operations in 10 locations across North India in the first half of 2024 fiscal. The pharma manufacturer will launch its Rs 4,326-crore IPO on 25th of april. Earnings today : Tata Consumer Products, Bajaj Auto, Nestle India, Dalmia Bharat, HDFC Asset Management Company, AU Small Finance Bank. 24 April  23 Market is set to react on Reliance and ICICI bank's result. At pre-open Sensex was up 195.46 points or 0.33% at 59,850.52 while the Nifty was up 46.10 point or 0.26% at 17,670.10 Stocks in Focus HDFC Bank received certain clarifications from RBI with regard to the merger with HDFC. The banking regulator has not granted the lender any exemptions on requirements related to its cash reserve ratio, statutory liquidity ratio, and liquidity coverage ratio for the merger. USFDA issue Non- compliance letter to Sunpharma's Mohali facility. HDFC Asset Management Company received the final approval from markets regulator SEBI for change in control from HDFC to HDFC Bank. Maruti Suzuki India has recalled 7,213 Baleno RS vehicles, manufactured between Oct. 27, 2016 and Nov. 1, 2019, over possible defect in vacuum pump assisting the brake function. Wipro: The company's board of directors will consider the proposal over its meeting on April 26-27. The decision regarding buyback of equity shares will be communicated on April 27. Earnings today : INDUSIND BANK, Persistent Systems 20 April  23 Indian equity market are set to start on a flat to positive note ahead of weekly exipiry. At pre-open Sensex was up 26.97 points or 0.05% at 59,594.77 while the Nifty was down 0.60 point or 0.00% at 17,618 Stocks in Focus Tata Motors: Jaguar Land Rover, the luxury automotive subsidiary of Tata Motors, said in a statement it will invest £15 billion (Rs 1.53 lakh crore) over the next five years for an electric-first future. Tata communication repoted weak quaterly result with decline in EBITDA and Net Profit. Ultratech Cement commissioned 2.2 million tonnes per annum capacity brownfield expansion at its grinding unit in Patliputra, Bihar, taking the overall capacity of the unit to 4.7 million tonnes per annum. Equitas Small Finance Bank: The lender received AD-I licence from RBI approval to act as authorised dealer for foreign exchange. Adani Ports and Special Economic Zone: The board of Adani Ports and Special Economic Zone will meet on April 22 to consider first and a partial buyback of certain of its debt securities Earnings Today - HCL Tech, ICICI Prudential Life Insurance Company, Reliance Industrial Infrastructure, Sterling and Wilson Renewable Energy, Cyient, Oriental Hotels, Rajnish Wellness 19 April  23 The Indian equity market is set to start on a flat to negative note amid weak global cues. At pre-open Sensex was down 79.57 points or 0.13% at 59647.44 while the Nifty was down 21.70 points or 0.12% at 17,638.50 Stocks in Focus State Bank of India’s board committee approved raising up to $2 billion (Rs 16,412 crore) during the current fiscal through a public offer and/or private placement of senior unsecured notes denominated in U.S. dollars or other convertible foreign currencies. Bank of India: The lender’s board approved raising up to Rs 6,500 crore, including Rs 4,500 crore via fresh equity capital and/or additional tier-1 bonds and Rs 2,000 crore by issuance of Tier-2 bonds, during the 2024 fiscal. Prestige Estates Projects' wholly subsidiary Prestige Exora Business Parks Limited acquired a 51% stake in commercial office space developer Dashanya Tech Parkz for a cash consideration of Rs 66.07 crore. Zydus Lifesciences received final approval from U.S. FDA to manufacture and market the Estradiol Transdermal System, used for the prevention of postmenopausal osteoporosis. Piramal Pharma: The U.S. FDA has issued an establishment inspection report for the company’s manufacturing unit in Sellersville, U.S., and closed the inspection of the same facility. 18 April  23 Equity market might witness a flat to positive start. At pre-open Sensex was up 99.64 points or 0.17% at 60,010.39 while the Nifty was up 26.30 point or 0.15% at 17,733. Stocks in Focus Jubilant FoodWorks: Coca Cola India acquired 15% stake in the company’s associate Hashtag Loyalty, which raised Rs 104.68 crore at a pre-money valuation. Bank of Maharashtra: The bank hiked lending rates for tenors across the board by 10 basis points, with effect from April 15, 2023. Kolte-Patil Developers: The company allotted zero-coupon debentures worth Rs 206.5 crore with a tenure of 10 years to Japan’s Marubeni Corp. IIFL Finance: The company will consider a proposal to raise funds via non-convertible debentures through private placement, as well as the financial results for three months and year ended March 2023. ICICI Lombard is set to announce its quaterly result today. Avalon tech is going to get list on exchange today. 17 April  23 Indian indices might fall today amid weak global cues and the result of IT giant Infosys. At pre-open Sensex was down 541.23 points or 0.90% at 59,889.77 while the Nifty was down 135.70 points or 0.76% at 17,692.30 Stocks in Focus Infosys posted poor quarterly results on Thursday, today stock is down around 10%. HDFC Bank's quarterly results are good but slightly below expectations. SEBI found that the Brightcom Group overstated profit after tax for fiscals 2019 and 2020 by more than Rs 1,280 crore. The regulator has ordered the company to publish correct shareholding pattern, and its managing director and directors not to sell their shares. SBI: The bank kept 1-year MCLR-based lending rates unchanged across tenures for the second month in a row. Max Healthcare completed the acquisition of additional 34,000 shares of Eqova Healthcare for Rs 68.87 crore, taking its shareholding from 26% to 60%. 13 April  23 Indian indices are trading mix in the preopening after Inflation numbers. At pre-open Sensex was down 94.11 points or 0.16% at 60,298.66 while the Nifty was up 22.90 point or 0.13% at 17,789.50 Stocks in Focus HDFC Bank signed an agreement with Export Import Bank of Korea for a $300-million credit line to be used for funding Korea-related business, it said in a statement. NTPC will issue non-convertible debentures worth Rs 3,000 crore on April 17 on private placement basis with a coupon of 7.35% for a tenor of three years. Rail Vikas Nigam received an order from North Western Railway worth Rs 63.08 crore. RITES received a project worth Rs 72 crore from Kerala Infrastructure Investment Fund Board for project management consultancy work. Campus Activewear acquired land and building from Marico Industries in Ponta Sahib, Himachal Pradesh for a cash consideration of Rs 16.7 crore. SRF: On April 12, the company commissioned and capitalised a project to create a pharma intermediates plant at Dahej 12 April  23 Indian indices are trading mix in the preopening after Inflation numbers. At pre-open Sensex was down 94.11 points or 0.16% at 60,298.66 while the Nifty was up 22.90 point or 0.13% at 17,789.50 Stocks in Focus HDFC Bank signed an agreement with Export Import Bank of Korea for a $300-million credit line to be used for funding Korea-related business, it said in a statement. NTPC will issue non-convertible debentures worth Rs 3,000 crore on April 17 on private placement basis with a coupon of 7.35% for a tenor of three years. Rail Vikas Nigam received an order from North Western Railway worth Rs 63.08 crore. RITES received a project worth Rs 72 crore from Kerala Infrastructure Investment Fund Board for project management consultancy work. Campus Activewear acquired land and building from Marico Industries in Ponta Sahib, Himachal Pradesh for a cash consideration of Rs 16.7 crore. SRF: On April 12, the company commissioned and capitalised a project to create a pharma intermediates plant at Dahej 11 April  23 The market is set to witness a positive start on FINNIFTY expiry day. At pre-open Sensex was up 203.15 points or 0.34% at 60,049.66 while the Nifty was up 62 point or 0.35% at 17,686. Stocks in Focus The total business of the Bank of Baroda has crossed Rs 21 lakh crore milestone, rising 16.8% YoY to Rs 21.77 lakh crore in the quarter that ended March FY23. IRB Infrastructure Developers has recorded toll collection at Rs 369.9 crore for the month of March 2023, growing 20.6% over toll collection of Rs 306.6 crore in same month last year. Shilpa Medicare has received final approval from USFDA for its ANDA, Apremilast tablets. Tamilnadu govt banned online gambling, thus gaming stock like Nazara tech and Delta corp will be in focus. Kalpataru Power Transmission has received orders worth Rs 3,079 crore in March and April 2023. FPI legroom in Kotak Mahindra Bank exceeds 25%, MSCI weightage may rise. Bajaj Auto takes over Triumph's India sales and marketing operations 6 April  23 Market is expected to open flat before RBI Policy announcement today. At pre-open Sensex was down 123.63 points or 0.21% at 59565.68 while the Nifty was up 31.40 point or 0.18% at 17,525.60 Stocks in Focus Hero MotoCorp announced a voluntary retirement scheme open for all its staff members. Reliance Retail Ventures opened its flagship store in Mumbai, and launched the app and website for its beauty brand Tira. Chambal Fertilisers and Chemicals awarded a contract worth Rs 960.71 crore to Larsen & Toubro for building a technical ammonium nitrate manufacturing plant with an annual capacity of 2.4 lakh metric tonnes. Dalmia Bharat Sugar and Industries: The board approved capex of Rs 400 crore for setting up grain-based distillery at the company’s Nigohi unit with daily capacity of 250 kilolitres. Infosys extended its collaboration with data and analytics company LexisNexis to provide end-to-end information services across their range of content, enterprise, and product applications. TTK healthcare board meeting is on 20th april where board will consider delisting of its shares. 5 April  23 Indian equity market might have a positive start today At pre-open Sensex was up 98.75 points or 0.17% at 59,20519 while the Nifty was up 26.80 point or 0.15% at 17,424.80 Stocks in Focus Britannia Industries: The board approved an interim dividend of Rs 72 for each share for the current fiscal. The record date for the dividend has been fixed at April 13, 2023. NBCC (India) received a work order for construction of 88.58-km border and road in Mizoram along Indo Bangladesh Border at a cost of Rs 448.02 crore. Lemon Tree Hotels signed a new property in Greater Bengaluru—Peninsula Suites. RailTel Corporation of India received a contract from Bihar State Electronics Development Corporation. Dhampur Sugar Mills: The board approved an interim dividend of Rs 5 per share and special dividend of 10% on successful commissioning of new distillery project 3 April  23 The Indian equity market is expected to open in green. At pre-open Sensex was up 95.96 points or 0.16% at 59,087.48 while the Nifty was up 30 points or 0.17% at 17,389.80 Stocks in Focus Hindustan Aeronautics registered its highest-ever revenue from operations in a fiscal after a growth of 7.6% at Rs 26,500 crore during the year that ended March 2023. The consortium of Tracks & Towers Infratech and Rail Vikas Nigam received the letter of award from NHAI for construction of six-lane greenfield Varanasi-Ranchi-Kolkata highway for Rs 1,271.99 crore. Engineers India: The company secured job orders Rs 48.82 crore for five assignments related to the energy sector. EIH Associated Hotels acquired 40 acres of land on lease from the Andhra Pradesh government for the construction, development, and operation of a five-star luxury hotel or resort in Visakhapatnam. Westlife Foodworld subsidiary will pay a royalty of 4.5% to the fast food restaurant chain McDonald’s for the fiscal ending March 2024. Karnataka Bank saw CASA rise around 9% year-on-year to Rs 28,807.04 crore as on March 31, 2023. 31 March  23 Market is ready to witness a great start after a long while. At pre-open Sensex was up 584.79 points or 1.01% at 58,544.88 while the Nifty was up 161.70 point or 0.95% at 17,242.40 Stocks in Focus Bharat Dynamics: Signed a contract for Rs 8,161-crore with the Ministry of Defence for production and supply of Akash Weapon System to the Indian Army. Rail Vikas Nigam: Received LoA from Ministry of Railways for manufacturing and maintenance of Vande Bharat trainsets including upgradation of the government manufacturing units and trainset depots. Hero MotoCorp: Two-wheeler maker Hero MotoCorp Ltd. on Thursday said it has elevated Niranjan Gupta as its new chief executive officer. Bharat Electronics: The Ministry of Defence signed two contracts with the company jointly worth Rs 2,394 crore. JK Cement: The company expanded grey cement capacity by 2 million tonnes per annum Asian Paints: The board of the company will meet on May 11 to consider and approve the final dividend for the current fiscal 29 March  23 Indian equity market are expected start flat on expiry day. At pre-open Sensex was up 180.98 points or 0.31% at 57794.70 while the Nifty was up 58.00 point or 0.34% at 17009.70 Stocks in Focus Vedanta approved the fifth interim dividend of Rs 20.5 per share for the current fiscal, with a total outgo of Rs 7,621 crore. Tata Power proposed to set up a high voltage 400 KV line corridor for Mumbai to the state electricity regulator. Larsen & Toubro issued 2 lakh non-convertible debentures to raise Rs 2,000 crore. The bonds will mature on April 28, 2028. GR Infraprojects received letter of acceptance from East Coast Railway for a project worth Rs 587.59 crore Britannia Industries: The board of the company will meet on April 4 to consider and approve an interim dividend for the current financial year. Zydus Lifesciences: The company received final approval from U.S. FDA for Loperamide Hydrochloride capsules, the generic version of Imodium capsules. 28 March  23 Indian equity market are expected to open in green today. At pre-open Sensex was up 195.28 points or 0.34% at 57849 while the Nifty was up 54.10 point or 0.32% at 17039.80 Stocks in Focus Dilip Buildcon has been chosen as the lowest bidder by the National Highways Authority of India for development of six-lane access controlled greenfield highway along a section of Bengaluru-Vijayawada economic corridor. PNC Infratech has been declared the lowest bidder for the construction of a four-lane highway from Singraur Uphar to Baranpur Kadipur Ichauli in Uttar Pradesh. SJVN has received a loan of 15 billion Japanese yen (around Rs 915 crore) from Japan Bank for International Cooperation. VEDL : Board meeting to consider 5th interim dividend today. Aditya Birla Capital will sell 25.65 lakh shares of Aditya Birla Insurance Brokers, and Infocyber India, Lemon Tree Hotels: The company opened its fifth hotel in Kerala under the brand ‘Keys Prima by Lemon Tree Hotels’. Capinet to impose price caps on gas. 27 March  23 Indian indices might start on a flat to positive note. At pre-open Sensex was up 124.08 points or 0.22% at 57,651 while the Nifty was up 42.80 point or 0.25% at 16987.80 Stocks in Focus Butterfly Gandhimathi/Crompton Greaves: Boards of the two companies have proposed a merger. Bharat Electronics: The company signed a contract worth Rs 3,000 crore with defence ministry for supply of integrated electronic warfare systems for the Indian Army. Sun Pharmaceutical Industries: The pharma major will acquire 60% shareholding in animal healthcare player Vivaldis Health and Foods for a consideration of Rs 143.3 crore RITES: The company, with a JV partner, has secured a project management consultancy work under Assam Health System Strengthening Project. L&T Finance Holdings: The Reserve Bank of India approved merger of subsidiaries L&T Finance, L&T Infra Credit and L&T Mutual Fund Trustee with L&T Finance Holdings. 24 March  23 Indian equity market are likely to see a flat start today. At pre-open Sensex was up 73.33 points or 0.13% at 57998.61 while the Nifty was up1090 point or 0.06% at 17,087.80 Stocks in Focus The government will exercise the greenshoe option to sell additional 1.75% stake in the Hindustan Aeronautics as the offer for sale was subscribed 4.5 times its base size. The issue will open for retail investors on Friday. Life Insurance Corporation of India: The Financial Services Institutions Bureau has recommended Siddhartha Mohanty as the chairperson of the insurer. Bharat Electronics secured two contracts worth Rs 3,700 crore from Ministry of Defence. Vedanta: The board of the company will meet on March 28 to consider its fifth interim dividend for the current fiscal. Indiabulls Housing Finance allotted 9.16 lakh non-convertible debentures in public issue to raise Rs 91.65 crore. 23 March  23 The market is expected to open in red on the expiry day after the Fed policy. At pre-open Sensex was down 283.4 points or 0.49% at 57931.19 while the Nifty was down 84.90 points or 0.49% at 17,067 Stocks in Focus Hindustan Aeronautics: The Government will sell up to a 3.5% stake in the company via the offer for sale route on March 23 and March 24 at a price of Rs 2,450 per share. Hero MotoCorp will hike prices for certain motorcycles and scooters from April 1, the price hike will be around 2% and vary by specific models and markets. Reliance Industries: Reliance Consumer Products, the FMCG arm of the company’s retail subsidiary Reliance Retail Ventures, expanded its portfolio by launching personal and home care products. GR Infraprojects emerged as the lowest bidder for six-laning of the Surat-Nashik-Ahmednagar-Solapur greenfield stretch from Hasapur to Badadal in Maharashtra at the cost of Rs 872.17 crore. It has also been selected for the construction of civil works at the Dibang Multipurpose Project in Arunachal Pradesh for Rs 3,637.12 crore. Chalet Hotels: The company will acquire a 100% stake in Sonmil Industries for 74.65 crores and an 82.28% stake in The Dukes Retreat 22 March  23 Indian equity market might start in green today. At pre-open Sensex was up 284.67 points or 0.49% at 58359.35 while the Nifty was up 83.50 point or 0.49% at 17191 Stocks in Focus Tata Motors raised the prices of its commercial vehicles by 5% from April 1 to comply with the BS6 phase II emission norms. Tata Power's subsidiary Tata Power Renewable Energy received a letter of award to set up a 200 MW solar PV project at the Maharashtra State Electricity Distribution Company in Solapur, Maharashtra. Hindustan Zinc: The board approved a fourth interim dividend for the current fiscal of Rs 26 per share, with an overall outgo of Rs 10,985.83 crore. Power Finance Corporation’s board approved raising Rs 80,000 crore of debt via long-term borrowings, short-term borrowings, and commercial paper during the next financial year. HG Infra Engineering was declared the lowest bidder by North Central Railway for the redevelopment of Kanpur Central Railway Station at Rs 677.31 crore. Zydus Lifesciences received final approval from the U.S. FDA for Tofacitinib Tablets, 5 mg, and tentative approval for Tofacitinib Tablets, 10 mg. 21 March  23 Indian equity market might start on a postive note. At pre-open Sensex was up 242.82 points or 0.42% at 57,871.77 while the Nifty was up 69.4 point or 0.41% at 17057.80 Stocks in Focus Adani Enterprises clarified that the green PVC project in Mundra has been held up on account of financial closure pending with the lenders. The same is expected to be cleared within six months, it said in a statement. Indian Oil Corporation and NTPC Green Energy, a wholly owned subsidiary of NTPC, will form a joint venture for the setting up of renewable energy power plants to meet the round-the-clock power requirements of new projects at the former’s refineries. Sterling and Wilson Renewable Energy emerged as the successful bidder for a package consisting of four blocks of 300 MW each in the proposed 1200MW Solar PV project of NTPC Renewable Energy at Khavda RE Power Park, Rann of Kutch Rail Vikas Nigam: The company formed a JV with Jakson Green for clean energy EPC projects globally. Govt decrease windfall tax. 20 March  23 Indian market might open in red today. At pre-open Sensex was down 406.45 points or 0.70% at 57,583.45 while the Nifty was down 120.30 point or 0.70% at 16,979.70 Stocks in Focus Patanjali Foods clarified that it is planning to float another follow-on public offer to meet the minimum public shareholding. Tata Consumer Products ceased negotiations with Bisleri with over a potential transaction. It said no definitive agreement or binding commitment has been signed on this matter. Rail Vikas Nigam was selected as the lowest bidder for a composite package of four contracts related to the new broad gauge railway line of Haryana Orbital Rail Corporation project. Navin Fluorine Advanced Sciences, a wholly owned subsidiary of Navin Fluorine, will set up a new 40,000 tonnes per annum hydrofluoric acid capacity at Dahej at a cost of Rs 450 crore. Havells India: The company started commercial production of air conditioners at its facility in Sri City, located in Chittor district of Andhra Pradesh. 17 March  23 Indian equity market opened on a positive note. At pre-open Sensex was up 463.05 points or 0.80% at 58,097.89 while the Nifty was down 136.20 point or 0.80% at 17,121.80 Stocks in Focus TCS: The company’s Chief Executive Officer, Rajesh Gopinathan, resigned from the office, effective Sept. 15, after a six-year stint. K Krithivasan has been appointed as the CEO designate, effective March 16. Infosys’s subsidiary Infosys Finacle implemented the liquidity management solution for Netherlands-based financial services provider ABN AMRO. Dr. Reddy’s Laboratories divested certain non-core brands in the dermatology segment to Eris Lifesciences for Rs 275 crore. Voltas: Universal MEP Projects & Engineering Services, a wholly owned subsidiary of the company, has bagged multiple power distribution and solar projects worth Rs 1,770 crore across Uttar Pradesh, Madhya Pradesh, West Bengal, Odisha, and Karnataka. Rail Vikas Nigam was selected as the lowest bidder for supply, installation, testing, and commissioning of 11 KV line Lemon Tree Hotels signed a license agreement for a 60-room property in Sri Ganganagar, Rajasthan, which is expected to be operational by July 2026. 16 March  23 Major weakness in Indian Market At pre-open Sensex was down 517.85 points or 0.90% at 57,038.05 while the Nifty was down 76.70 point or 0.45% at 16,895 Stocks in Focus Samvardhana Motherson International: Sumitomo Wiring Systems to sell approximately 3.4% of its stake, or 23 crore shares, via JPMorgan Patanjali Foods: The stock exchanges, the BSE and the National Stock Exchange, have frozen the shareholding of promoters and promoter groups in the company as it could not increase public shareholding to the required 25% within the stipulated deadline. Federal Bank: The board of the bank will meet on March 18 to consider raising Rs 1,000 crore via tier-II bonds on a private placement basis. Godawari Power & Ispat: The board of directors will meet on March 18 to consider a share buyback programme. Coforge: The company clarified that its exposure to revenues from the U.S. regional banking clients is very limited 13 March  23 Indian indices are expected to witness flat start. At pre-open Sensex was up 44.25 points or 0.07% at 59,179.38 while the Nifty was up 19.40 point or 0.11% at 17,432.30 Stocks in Focus Adani Group stocks/Ambuja Cement: Adani promoters notified that they have fully repaid share backed debt worth $2.15 billion ahead of month end deadline. Gaming and sports media platform, Nazara Technologies informed the stock exchanges that two of its subsidiaries have cash balances worth Rs 64 crore in the recently collapsed Silicon Valley Bank. Hindustan Aeronautics: The Ministry of Defence will procure six Dornier-228 aircraft for the Indian Air Force from the company for Rs 667 crore. The RBI granted ICICI Bank time till Sept. 9, 2024, to reduce its stake in ICICI Lombard General Insurance Company to the required 30%. Lupin: The U.S. FDA completed a pre-approval and GMP inspection of its API manufacturing inspection in Visakhapatnam, India, from March 6-10, 2023, with no observations. JSW Steel: The company’s subsidiary JSW Steel Coated Products has completed the acquisition of 31% stake in Ayena Innovation.  9 March  23 Indian market might have a flat start today. At pre-open Sensex was down 5.87 points or 0.01% at 60,342.22 while the Nifty was up 1.90 point or 0.01% at 17,756.30 Stocks in Focus Data Patterns: Board approves QIP with a floor price of Rs 1,284.53. Gokuldas Exports: Clear Wealth Consultancy Services LLP is likely to sell 8.25% stake in the company through a block deal. The size of the transaction is said to be worth Rs 234 crore. Bharat Forge through its subsidiary Kalyani Powertrain inaugurated its first e-bike manufacturing facility at MIDC, Chakan with annual production capacity of 60,000 units and scalable to 1 lakh units. Aptus Value Housing Finance India: The company denied being part of any negotiation to handover management control to Cholamandalam. Sequent Scientific: The transaction contemplated under the agreement to acquire 100% stake in Tineta Pharma has not been materialised, and the acquisition will not happen. 6 March  23 Indian market are expected to open in green amid positive global cues. At pre-open Sensex was up 393.51 points or 0.66% at 60,202.48 while the Nifty was up 110.90 point or 0.63% at 17,705.20 Stocks in Focus HDFC Ltd.: The NCLT approved merger of wholly owned subsidiaries HDFC Property Ventures and HDFC Venture Capital with subsidiary HDFC Capital Advisors. Ashoka Buildcon Ltd. will sell 100% stake in subsidiary Unison Enviro Pvt. to Mahanagar Gas for Rs 531 crore. Bajaj Electricals Ltd. Wins Rs 564.87-crore order from South Bihar Power Distribution Company through national competitive bidding. Power Grid Corp. has been declared as the successful bidder for two expansion projects in Chhattisgarh. Easy Trip Planners Ltd. signed an MoU with Andhra Pradesh government for promotion of tourism in the state. 3 March  23 Positive global cues and upward moment in SGX Nifty is giving hope for Indian market. At pre-open Sensex was up 373.34 points or 0.63% at 59,282.69 while the Nifty was up 120.10 point or 0.69% at 17,442. Stocks in Focus GQG Fund invest Rs. 15000 crore in 4 adani group's companies where promoter sold its stake. Adani Green Energy’s 700 MW wind-solar hybrid plant in Jaisalmer, Rajasthan became fully operational, taking its operating wind-solar hybrid portfolio to 2,140 MW. Alembic Pharmaceuticals will take an impairment charge of Rs 1,150.43 crore on three manufacturing facilities under construction in Gujarat. MOIL recorded 10% jump year-on-year during February in production of manganese ore at 1.31 lakh tonnes, while sales increased 19% on-year to 1.32 lakh tonnes. Mahindra & Mahindra Financial Services: February 2023 Business Updates -Total disbursement increased 53% on-year to Rs 4,185 crore. Pidilite Industries investment additional Rs 10 crore in Buildnext Construction Solutions, taking its stake to 24.15%. 2 March  23 Indian equity market might open with weakness. At pre-open Sensex was down 12.44 points or 0.02% at 59398.64 while the Nifty was down 14.60 point or 0.08% at 17,436.30 Stocks in Focus Rail Vikas Nigam Ltd. emerged as the lowest bidder for manufacturing-cum-maintenance of Vande Bharat train sets. Hindustan Aeronautics Ltd.: The Cabinet Committee on Security approved procurement of 70 HTT-40 basic trainer aircraft from the company for Rs 6,828 crore over six years. Larsen and Toubro Ltd.: The Union Cabinet approved signing of a contract with the company for acquisition of three cadet training ships at an overall cost of Rs 3,108.1 crore. Bajaj Finserv Ltd. received certificate of registration from market regulator SEBI to commence its mutual fund operations under Bajaj Finserv Mutual Fund. KNR Constructions Ltd. received a letter of award for development of six lanes of access-controlled greenfield highway from Marripudi to Somvarappadu of Bengaluru–Vijayawada economic corridor in Andhra Pradesh 24 February 23 Indian equity market might open in green amid positive global cues. Sensex was was up 202.74 points or 0.34% at 59,808.54 while the Nifty50 was up 64.10 points or 0.37% at 17575.40 Stocks in Focus Axis Bank: The lender sees reasonable possibility of completing the acquisition of India consumer business from Citibank NA and NBFC consumer business from Citicorp Finance (India) by March 1, 2023. Rail Vikas Nigam received letter of award for a project worth Rs 196.77 crore in Bhopal region of MP Madhya Kshetra Vidyut Vitaran Company Ltd. Zee Enterprises: Appellate tribunal NCLAT has listed the plea challenging insolvency proceedings against the company on Friday for hearing. The National Stock Exchange has excluded the company from the futures and options segment following the bankruptcy board's move to admit it for insolvency proceedings. Adani Transmission: Fitch Ratings affirmed the 'BBB-' ratings on the $400 million senior secured notes issued by the restricted group of the company, with outlook at stable. Alkem Laboratories submitted a detailed corrective and preventive action plan to the US FDA against one observation issued by the regulator 23 February 23 SGX nifty indicates a flat start for Indian market. Sensex was was up 39.24 points or 0.07% at 59784.22 while the Nifty50 was up 6.70 points or 0.04% at 17561 Stocks in Focus Kotak Special Situations Fund invested Rs 1,070 crore in Biocon. Tata Steel acquired 4.69 crore shares of its indirect subsidiary of Neelachal Ispat Nigam at Rs 64 apiece, aggregating to Rs 300 crore in the first tranche of investment in the equity shares of the latter. The non-binding MoU between Orient Cement and Adani Power Maharashtra for establishing a cement grinding unit at Tiroda, Maharashtra stands terminated as the latter could not obtain the required MIDC clearances for sub-leasing the land required for the facility. HG Infra Engineering has been declared as the preferred bidder by Rail Vikas Nigam Chandigarh for a project for construction of foundations, sub-structure and superstructure along the Bhanupali-Bilaspur-Beri new railway line in Bilaspur district of Himachal Pradesh. Lemon Tree Hotels signed a licence agreement for a 47-room property in Bhopal, Madhya Pradesh 21 February 23 SGX nifty indicates a flat start for Indian market. Sensex was was up 139.96 points or 0.23% at 60831.50 while the Nifty50 was 39.60 points or 0.22% at 17884.20 Stocks in Focus Ambuja Cement and ACC—and transporters in Himachal Pradesh reached an amicable solution to the dispute between them over freight rates. Bharat Petroleum Corporation planning to raise Rs 1,500 crore via private placement of unsecured non-convertible debentures. Bharat Electronics: India's first ever indigenously developed train control and supervision system, jointly developed by the company and Delhi Metro Rail Corporation was launched for operations on the Red Line corridor of Delhi Metro. BEML signed an MoU with a Delhi Metro Rail Corporation-led special purpose vehicle that has been shortlisted for constructing the first phase of Bahrain Metro Rail Project Asian Paints signed an agreement with the Gujarat government to set up a manufacturing facility for vinyl acetate ethylene emulsion and vinyl acetate monomer at Dahej. 20 February 23 Indian Indices might witness a flat start amid mix global cues. Sensex was was up 49.85 points or 0.08% at 61052.42 while the Nifty50 was up 0.30 points or 0.00% at 17944.50 Stocks in Focus Cipla: US FDA issues eight observations in Form 483 for Cipla's Pithampur manufacturing facility in Indore, M.P. Dilip Buildcon: Skyway Infraprojects Pvt. receives LoA for Rs 1,947.06-core from Madhya Pradesh Jal Nigam, Bhopal Samvardhana Motherson International: Inks an agreement to acquire SAS Autosystemtechnik, one of the leading cockpit module integrators globally with large EV portfolio and gross revenues of ~Euro 4.4 Bn on principal basis. Hindustan Unilever will sell its ‘Annapurna’ and ‘Captain Cook’ brands to Uma Global Foods Pte. Ltd. (Singapore) and Uma Consumer Products Pvt. Ltd. (India), subsidiaries of Reactive Brands International, for Rs 60.4 crore. Marico: The board will meet on Feb. 27 to consider and approve interim dividend for the current fiscal. KEC International company secured new orders of Rs 3,023 crore across its civil, transmission and distribution and cables businesses. 17 February 23 Global cues are bearish amid fear of interest rate hike, SGX nifty indicates low start for Indian Indices. Sensex was down 321.96 points or 0.53% at 60,997.55 while the Nifty50 was down 85.80 points or 0.48% at 17950 Stocks in Focus Vedanta was selected as the preferred bidder for receiving composite licence for Kelwardabri block in Chhattisgarh, which has reserves of nickel, chromium and associated platinum group elements. RailTel Corporation of India received a work order worth Rs 27.07 crore from Bangalore Metro Rail Corporation. Vodafone Idea lost 2.47 million subscribers in December last year, while Bharti Airtel and Reliance Jio Infocomm added 1.53 million and 1.7 million subscribers during the month, respectively. UltraTech Cement commissioned 1.30 mtpa brownfield cement capacity in Hirmi, Chhattisgarh and 2.80 mtpa greenfield grinding capacity in Cuttack, Odisha, taking its total cement manufacturing capacity in India to 126.95 mtpa. Hindustan Aeronautics/Bharat Forge: Hindustan Aeronautics, Saarloha Advanced Materials and Bharat Forge signed an MOU for collaboration in development and production of aerospace grade steel alloys. 16 February 23 Indian Indices are expected to open in green amid positive cues from global market and SGX Nifty Sensex was up 304.52 points or 0.50% at 61579.61 while the Nifty50 was up 87.90 points or 0.49% at 18103.70 Stocks in Focus Vedanta was declared the preferred bidder for Sijimali Bauxite Block, located in Rayagada and Kalahandi districts of Odisha. Bharat Electronics signed an MoU with Goa Shipyard for the co-operation and supply of products such as autonomous boats, and other systems based on artificial intelligence for naval platforms. Patel Engineering along with its joint venture partners, has been chosen for projects worth Rs 1,567 crore in Madhya Pradesh and Maharashtra, to be completed within 36 months. Interglobe aviation : Promoter Gangwal family will sell its stake througha block deal today. Ugro Capital: The board will meet on Feb. 20, to consider and approve raising funds via non-convertible debentures through private placement basis. 15 February 23 Indian Indices might start lower amid mix global cues and weak indications from SGX Nifty Sensex was down 163.13 points or 0.27% at 60869.13 while the Nifty50 was up 43.60 points or 0.24% at 17886.20 Stocks in Focus LT Foods: The Competition Commission of India approved acquisition of certain equity share capital of LT Foods Limited by Riyadh-based SALIC International Investment Corporation. Reliance Industries: The Ahmedabad bench of NCLT approved the resolution plan jointly submitted by Reliance Industries and Assets Care & Reconstruction Enterprise for Sintex Industries. Adani Enterprises repaid commercial paper worth Rs 15 crore, due on Feb. 14, in full. Vodafone Idea appointed Murthy GVAS as interim chief financial officer, effective Feb. 15. Biocon has entered into an agreement with Kotak Strategic Situations Fund for a structured funding up to Rs 1,200 crore. 14 February 23 Global market are trading positive ahead of US Inflation number and SGX Nifty also indicates a positive start for Indian market Sensex was up 231.10 points or 0.38% at while the Nifty50 was up 63.80 points or 0.36% at 17834.70 Stocks in Focus Shree Renuka Sugars commenced commissioning activities of its expanded ethanol production capacity at Athani (from 300 KLPD to 450 KLPD) and at Munoli (from 120 KLPD to 500 KLPD). Maruti Suzuki India/ South Indian Bank: The automobile major has signed an MoU with the bank to offer dealer finance options and customised auto retail financing solutions for customers. HeidelbergCement India: The board approved the appointment of Joydeep Mukherjee as managing director of the company for a term of three years, effective April 1, 2023. 13 February 23 Global cues are negative and SGX Nifty indicates a flat to negative start for Indian Indices. Sensex was up 6.48 points or 0.01% at 60,689.18 while the Nifty50 was up 1.20 points or 0.01% at 17857.70 Stocks in Focus Adani Ports and Ambuja cement will be out from ASM today. Mahindra & Mahindra: The company will sell its entire stake in Mahindra Consulting Engineers to Paris-based Artelia Holding SAS for Rs 10.32 crore. Kotak Mahindra Bank: The bank will acquire 100% stake in Sonata Finance for Rs 537 crore. TVS Motor Company: Life Insurance Corporation of India decreased its shareholding in the company to 3.36% from 5.37%. BEML received an order worth Rs 377.98 crore for supply of 118 track width mine plough for Arjun MBT MK-1A. Thermaxb won an order worth Rs 251.7 crore to renovate and modernise electrostatic precipitator package from an Indian public sector company. 10 February 23 Global cues are flat and SGX Nifty is also suggesting a negative start for Indian market. Sensex opened down 99 points or 0.16% at 60,706.81 while the Nifty50 was 46 points or 0.26% lower at 17,847.55. Stocks in Focus Mahindra & Mahindra signed an MoU with Telangana government to expand its existing Zaheerabad Plant in Medak district for development and production of electric three- and four-wheelers. GAIL (India) signed an advanced pricing agreement with Central Board of Direct Taxes to determine the transfer pricing margin payable on its long-term LNG sourcing contract from the U.S. for the period of five years. ITC: ITC Infotech, a wholly owned subsidiary of the company, incorporated a subsidiary in France named ITC Infotech France SAS on Feb. 8. Aurobindo Pharma will transfer units constituting its API non-antibiotic division to subsidiary Auro Pharma India via slump sale. Bank of Baroda: The bank hiked lending rate across tenors by five basis points, effective Feb. 12, 2023. 9 February 23 Global cues are flat and SGX Nifty is also suggesting a negative start for Indian market. Sensex opened down 99 points or 0.16% at 60,706.81 while the Nifty50 was 46 points or 0.26% lower at 17,847.55. Stocks in Focus Mahindra & Mahindra signed an MoU with Telangana government to expand its existing Zaheerabad Plant in Medak district for development and production of electric three- and four-wheelers. GAIL (India) signed an advanced pricing agreement with Central Board of Direct Taxes to determine the transfer pricing margin payable on its long-term LNG sourcing contract from the U.S. for the period of five years. ITC: ITC Infotech, a wholly owned subsidiary of the company, incorporated a subsidiary in France named ITC Infotech France SAS on Feb. 8. Aurobindo Pharma will transfer units constituting its API non-antibiotic division to subsidiary Auro Pharma India via slump sale. Bank of Baroda: The bank hiked lending rate across tenors by five basis points, effective Feb. 12, 2023. 8 February 23 Indian Indices starts with a positive note ahead of RBI Policy. The Sensex is up 143.75 points or 0.24% at 60,429 and the Nifty is up 49.80 points or 0.28% at 17,771.30. Stocks in Focus Vodafone Idea allocated 16.13 crore shares, or 33.44% stake, to the government in lieu of conversion of interest dues from deferment of adjusted gross revenue and spectrum auction payments. BSE: The stock exchange will divest 2.5% stake in Central Depositary Services Ltd. to meet regulatory shareholding norms. PC Jeweller: Four more banks—IDBI Bank, Indian Bank, Bank of India and Karur Vysya Bank—have issued loan recall notices against the company. Blue Star detected a cyberattack at certain locations, following which, its technical team had taken all necessary precautions to retrieve and restore the systems. Rail Vikas Nigam emerged as the lowest bidder for provision of automatic block signalling on Madar-Sakhun section of Jaipur division over North-Western Railway. The project cost is Rs 69.48 crore. 7 February 23 SGX Nifty indicates a positive start for the market. The Sensex is down 3.64 points or 0.01% at 60,503.26 and the Nifty is down 1.60 points or 0.01% at 17,763. Stocks in Focus Grasim Industries: The board appointed Ananyashree Birla and Aryaman Birla, children of group chairman Kumar Mangalam Birla, as non-executive directors, and Yazdi Piroj Dandiwala as an independent director. UltraTech Cement commissioned 1.5 mpta brownfield cement grinding unit at Jharsuguda, Odisha, taking its total cement capacity in the state to 4.1 mtpa. Vakrangee: RBI renewed the authorisation issued to the company to setup, own and operate white label ATMs in India till March 31, 2024. Hindalco: Novelis, a subsidiary of the company, reported 95% decline year-on-year in consolidated profit attributable to common shareholders at $12 million. Net sales of the company decreased 3% on-year to $4.2 billion. UPL: Life Insurance Corporation of India has reduced its shareholding in the company to 7.23% from 9.25%. 6 February 23 Indian Market might witness a flat start today. The Sensex was down 108.63 points or 0.18% at 60,733.25 and the Nifty was down 45 points or 0.25% at 17809. Stocks in Focus Adani Enterprises, Adani Ports and SEZ and Ambuja Cements will be under the NSE's short-term additional surveillance measure or ASM starting Feb. 6. The government will convert Vodafone Idea's AGR dues into equity. Vodafone Idea has been directed to issue 16.13 million equity shares of face value Rs 10 each at an issue price of Rs 10 each. Adani Power confirmed that its subsidiary, Adani Power (Jharkhand), has received a communication from Bangladesh Power Development Board to consider a discount on the energy charge, but it is not considering any amendment to the power purchase agreement. Engineers India has received an EPCM services contract for setting up gas based greenfield 4,000 TPD urea and 2300 TPD ammonia complex. Bank of Baroda: RBI fined the bank Rs 30 lakh over violation of norms related to deposit interest rates and KYC. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/5CulrvbRB2s 3 February 23 SGX Nifty suggesting indicates a positive start for the Indian Indices. The Sensex was up 441.93 points or 0.74% at 60,374.17 and the Nifty was up 112.80 points or 0.64% at 17723.20 Stocks in Focus Adani Enterprises: NSE has put Adani Enterprises Ltd., Adani Ports and Special Economic Zone Ltd., and Ambuja Cements Ltd. under short-term additional surveillance measure. TVS Motor Co. through its subsidiary TVS Motor (Singapore) will acquire 31.44 lakh series AA shares in electric mobility player Ion Mobility for $9.5 million Inox Green Energy Services will acquire 51% stake in I-Fox Windtechnik India for Rs 35,947.71 per share. HDFC Life: On Budget recommendation to tax policies with annual premium above Rs 5 lakh, the insurer clarified that the business at risk could be 12-12% of the total APE. NMDC fixed prices of iron ore, with effect from Jan. 28, 2023, with lump ore at Rs 4,400 per tonne, and fines at Rs 3,910 per tonne. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/d8vVOBgKBP8 2 February 23 Global cues are mixed and SGX Nifty suggests a low start for Indian indices. The Sensex was down 413.60 points or 0.69% at 59294.48 and the Nifty was down 145.50 points or 0.83% at 17470.80 Stocks in Focus Adani Enterprises decided not to proceed with its Rs 20,000 crore “to protect the interest of its investing community”. Tata Steel bought 29.98 crore shares in subsidiary Tata Steel Utilities and Infrastructure Services for Rs 58 crore. IDFC will invest Rs 2,200 crore in IDFC First Bank to increase its stake to 40% from 36.38%. Welspun Enterprises will acquire a 100% stake in promoter group company Welspun New Energy at the fair value of Rs 1 lakh to venture into the sustainable energy solutions sector. RailTel Corporation of India has received an order worth Rs 253.35 crore for the provisioning of 4G LTE connectivity for offsite 15,000 ATMs and maintenance for five years. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/ptMEqPsxhB0?feature=share 1 February 23 Today is an important day, today the budget is going to come, so all the eyes will be on it, and today is the second day of the Fed meeting, so this will be in focus, today big announcements are possible regarding L&T infrastructure. Also focus will be on these stocks RVNL, Siemens & Abb India. Mahindra Logistics will be in focus on the logistics sector. In defense, today's focus should be on Data Patterns and small and medium stocks, apart from these, Dabur India will be in focus today, apart from this, the market will continue to fluctuate according to the budget updates, so keep an eye on it. 27 January 23 Global cues are positive SGX Nifty shows gap up opening of 40 points Speaking of Stocks Adanient - The company has raised a fund of 6k cr through anchor investors and for retail investors its FPO is opening from 27 to 31 Jan . Happiest mind technologies - company acquired 100% stake of sri mook ambika infosolutions. ONGC - arun kumar singh appointed as CEO. Results - today's results are of giants like Bajajfinance, vedl Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/Qr76dHYOWTw   25 January 23 Global cues are on a mix to positive note and SGX Nifty is under pressure by 40 points Talking about Stocks Barbeque national hospitality - anurag mittal resigned from the post of CFO effective from feb 6. RVNL has recieved an order of 40cr RESULTS •AMARAJABAT •BAJAJ-AUTO •CIPLA •DIXON •DLF •DRREDDY •IGL •TATAMOTORS Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/4_l35smw_lE 24 January 23 Global Cues is positive and our SGX Nifty is also indicating a Positive opening. Talking about Stocks, Vedanta has scheduled its board meeting on the 27th for dividend approval, while Sterlite Technology has also scheduled its board meeting on the 27th for the fundraise. We have to keep an eye on Maruti where One lakh Grand Vitaras that were manufactured between August 8 and November 15 have been recalled. Talking about the results, today there are results updates of F&D giants like HDFC, Indus Tower, Maruti, SBI Card, Pidilite, and TVS Motor Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/5pC21HZp69M 23 January 23 Global cues are positive and SGX Nifty is also showing strong opening. Reliance industries ltd to raise Rs.20000 cr via non convertible debentures. Navneet Doda steps down as non executive director of ITC. Page Industries Board to consider dividend on 9 Feb Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/pwVvrgWliTI 20 January 23 Global cues are mix but SGX Nifty indicates a positive start for Indian Indices The Sensex was down 7.58 points or 0.01% at 60850.85 and the Nifty was down 1.50 points or 0.01% at 18106.3 Stocks in Focus Vedanta: The company approved sale of assets of subsidiary Zinc International to Hindustan Zinc for $2,981 millio Sun Pharmaceuticals Industries acquired U.S.-based alopecia medicine manufacturer Concert Pharmaceuticals for $576 million. TVS Motor Company: The board of the company will meet on Jan. 24 to consider and approve interim dividend for the current fiscal. Jubilant FoodWorks will spend Rs 900 crore on capex over the next 12-18 months, funded via internal accruals. Bharat Heavy Electronics has bagged an order worth Rs 300 crore for renovation and modernisation of steam turbines at Ukai Thermal Power Station in Gujarat. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/bNZEFr3lqRg?feature=share 19 January 23 Indian market might open in red amid weak global cues. The Sensex was down 152.40 points or 0.25% at 60893.34 and the Nifty was down 52.90 points or 0.29% at 18112.40 Stocks in Focus Adani Enterprises filed the RHP for its Rs 20,000-crore follow-on public offering, with a floor price at Rs 3,112 apiece and cap price at Rs 3,276 per share. Vedanta will acquire the debt-laden Meenakshi Energy for Rs 1,440 crore. State Bank of India raised Rs 9,718 crore through 15-year infrastructure bonds at 7.7% coupon rate. Coal India: In a coal ministry review, the company was found to have produced 513 million ton of coal so far in fiscal 2023, and is expected to surpass the target of 700 million ton for the current fiscal. Wipro opened Wipro-AWS Launch Pad Center in Toronto, Canada. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/L9rENeFyDeU 18 January 23 Indian indices might witness a flat start today. The Sensex was up 25.21 points or 0.04% at 60680.93 an the Nifty was up 10.20 points or 0.06% at 18063.50 Stocks in Focus ITC will acquire 100% stake of Sproutlife Foods for a cash consideration. Initially, Rs 255 crore will be invested to acquire 47.5% stake till March 2025. Rail Vikas Nigam has emerged as the lowest bidder for two projects by under Surat Metro Rail Project Phase-I and Ahmedabad Metro Rail Project Phase-II. Adani Enterprises/Ashok Leyland: The company has signed an agreement with Ashok Leyland and Canada’s Ballard Power for a pilot project to develop and launch hydrogen fuel cell electric truck in 2023. Coforge: LIC increased its stake in the company to 5.03% from 4.98%. Glenmark Pharmaceuticals will divest select brands and sub-brands from its dermatology segment for India and Nepal territories to Eris Oaknet Healthcare for Rs 340.48 crore. Results : Indusind Bank, Oracle finance, Persistent. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/sjPrD0v-G2Y 17 January 23 Global cues are mixed and SGX Nifty is showing slight upside. Stocks in focus Angle One: Profits have increased by 38% and market share also improved. Siemens bags Rs 2600 cr order for engine from railways.Focus will be on Oil India, ONGC and BPCL due to reduction in windfall tax. Morgan Stanley buys 2 lakh shares inTata Metalics. block deal may happen in Samvardhan Motherson so focus will also be on this For more updates Open your account with Swastika Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/acpkvAo71mE 16 January 23 The Sensex was up 307.98 points or 0.51% at 60569.16 an the Nifty was up 83.20 points or 0.46% at 18039.80 Stocks in Focus Mahindra & Mahindra: The Mumbai bench of NCLT has approved the merger of Mahindra Electric Mobility with the company. L&T Finance Holdings: The board approved the amalgamation of L&T Finance, L&T Infra Credit and L&T Mutual Fund Trustee with the company. State Bank of India: The bank hiked its one-year lending rate by 10 basis points to 8.4%, with effect from Jan. 15. HG Infra Engineering received a letter of acceptance from Delhi Metro Rail Corp. for a project with estimated cost of Rs 399 crore. Delhivery: The company completed the acquisition of Algorhythm Tech on Jan. 13. Earnings Today Angle One Federal bank JSW Ispat Bank of Maharashtra Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/p1RojM-63x0 13 January 23 Sensex sheds 100 points, Nifty nears 17,800 Stocks in Focus HCL Tech has been selected by Mattel to drive transformation across the latter’s global technology landscape cutting across applications, infrastructure and information security domains. PVR/Inox Leisure: The Mumbai bench of NCLT approved the merger of the two companies. Asian Paints incorporated a subsidiary, Asian Paints (Polymers), with a share capital of Rs 100 crore. L&T Technology Services, a subsidiary of Larsen & Toubro, will acquire smart world and communication business of its parent company for Rs 800 crore. Linde: The company started construction of its new air separation plant in Ludhiana, Punjab, which is expected to start operations towards the end of 2023. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/Yp5M-YPu8As 12 January 23 The Sensex was down 23 points or 0.04% at 60,083.03 and the Nifty was down 25 point or 0.14% at 17910.05 Stocks in Focus Tata Motors: Electric Vehicle contribution in the company’s portfolio is likely to increase to 25% in five years and reach 50% by 2030, said Group Chairman Chandrasekaran at the Auto expo, PTI reported. 360 One WAM (Formerly IIFL Wealth Management) will consider stock split and issue of bonus shares, along with declaration of fourth interim dividend on Jan. 19. State Bank of India: Ministry of Finance has extended Challa Sreenivasulu Setty's term as Managing Director of State Bank of India by two years with effect from Jan. 20. PB Fintech's wholly owned subsidiary, PB Financial Account Aggregators, has received certificate of registration as NBFC-Account Aggregator from the Reserve Bank of India. Hindustan Unilever: The company has completed acquisition of 51% stake in Zywie Ventures for Rs 264.28 crore. RailTel: The company has received aggregate work orders worth Rs 292.74 crore. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/k6oIdV8UOkY  11 January 23 Global markets are positive however SGX Nifty indicates a flat start for indian indices The Sensex was down 116.07 points or 0.19% at 59999.41 and the Nifty was down 25.20 point or 0.14% at 17889 Stocks in Focus Adani Ports and Special Economic Zone: The Adani-Gadot combine has completed the acquisition of Haifa port. Tata Motors' subsidiary Tata Passenger Electric Mobility completed the acquisition of Ford India’s Sanand-based manufacturing plant. Bank of Baroda has hiked lending rates across tenors in the range of 20-35 basis points, with effect from Jan. 12. Shree Renuka Sugars: The company’s board will meet on Jan. 27 to consider and approve change in terms of its non‐convertible debentures. Uttam Sugar Mills: The company’s board approved increasing daily capacity of its ethanol distillery in Barkatpur by 100 kilolitres to 250 kilolitres with a capex of Rs 56 crore. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/k6oIdV8UOkY 10 January 23 Global market and SGX Nifty indicate flat start for indian market. The Sensex was down 146.37 points or 0.24% at 60600.94 and the Nifty was down 33.60 point or 0.19% at 18,067.60 Stocks in Focus LT Foods/Chaman Lal Setia Exports/Others: Authorities are planning to remove the ban imposed in September last year on export of certain varieties of rice as domestic prices stabilise, according to a Bloomberg report. IRB Infrastructure Developers reported a 32% YoY increase in consolidated Q3 toll revenue at Rs 388.01 crore. Sona BLW Precision Forgings will acquire 54% stake in NOVELIC d.o.o. Beograd–Zvezdara for €40.5 million (Rs 355.98 crore). Indian Overseas Bank will increase lending rates by 5 basis points across tenors from Jan. 1, 2023. Welspun Enterprises: Chief financial officer Sanjay Sultania resigned, effective Jan. 9, 2023, to take up other major responsibility within the Welspun Group. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/qV4lauKD1Q0 9 January 23 Global market and SGX Nifty indicates a positive start for Indian indices. The Sensex was up 274.16 points or 0.46% at 60174.53 and the Nifty was up 89.50 point or 0.50% at 17,949 Stocks in Focus Lupin received U.S. FDA approval for Abbreviated New Drug Application Fesoterodine Fumarate Extended-Release Tablets to market a generic equivalent of Toviaz Extended-Release Tablet of Pfizer Inc. Gland Pharma through its wholly owned subsidiary has entered into a share purchase agreement with FPCI Sino French Midcap Fund, as the controlling seller to acquire 100% stake in Cenexi and the Cenexi holding entities. HCL Tech has been selected as the primary IT partner for The ODP Corporation, a business-to-business distribution company. Tata Steel: Provisional production volumes rose to 7.52MT in Q3 Vs 7.5MT in Q2. Deliveries dipped to 6.98MT in Q3 Vs 7.08MT in Q2. Ashoka Buildcon received letters of intent from Dakshinanchal Vidyut Vitran Nigam for two projects worth Rs 807.64 crore. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/w4PB4DYDaRw 6 January 23 Global signals are mixed today and SGX Nifty is also under slight pressure. Today the focus will be on Coal India where cold production in the country has increased by more than 11% in December. Govt will no longer be a promoter in IDBI bank, Jio Platforms has partnered with Manchester City, today as an official mobile network partner, L&T Reality will sell its entire stake in Think Tower Developers, RVNL has got a new project from Gujarat Metro, so all these stocks will be in focus. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/QNnG46wIQp0 5 January 23 Global market and SGX Nifty indicates a positive start for Indian indices. The Sensex was up 44.66 points or 0.07% at 60702.11 and the Nifty was up 17 point or 0.09% at 18,060 Stocks in Focus Godrej Properties Sells over a million square feet of area in a new launch at its project 'Godrej Garden City' in Ahmedabad. M&M Financial Services: The RBI has lifted restrictions against Mahindra Finance on appointing third party agents for recovery or repossession. IRB Infrastructure Developers: The board approved the proposal to split each existing share with a face value of Rs 10 into 10 shares with a face value of Re 1 each. National Aluminium Co.: The company's board will meet on Jan. 17 to consider interim dividend for the current fiscal. Hindustan Unilever: The company completed the acquisition of 19.8% stake in Nutritionalab for Rs 70 crore. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/rrUxxQ4RGDc 4 January 23 Global cues are mixed and sgx nifty is also showing weak start Talking about Stocks Canfinhome - Prashant Joshi CFO has stepped down from the pad . Apurv Agrawal will be the new CFO. LTIM - Venugopal Lambi has resigned as the whole time director or president RailTel - Order for 186 cr has been received Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/Ilihp0HWRZY 3 January 23 Indian market are likely to open flat amid weak glonal cues. The Sensex was down 72.97 points or 0.12% at 61094.82 and the Nifty was down 23.70 point or 0.13% at 18,173.80 Stocks in Focus Zee Entertainment Enterprises will contest the insolvency plea by operational creditor Indian Performing Right Society over claims of Rs 211.42 crore. Zomato: Gunjan Patidar, co-founder and chief technology officer of the company, resigned due to undisclosed reasons. SBI/ICICI Bank/HDFC Bank: The RBI marks these three banks in its list of domestic systematically important banks. Dabur India completed acquisition of 51% shareholding of Badshah Masala. PSP Projects has won the bidding process for construction of high-rise office building for Surat Municipal Corporation for Rs 1,364.47 crore. ONGC's Sagar Samrat offshore drilling rig, which has been commissioned as a mobile offshore production unit, started oil and gas production in Arabian Sea. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/eZYjVrPLNjk 2 January 23 Global market are close due to New Year celebration, and SGX Nifty indicates a flat start for Indian indices. The Sensex was up 118.55 points or 0.19% at 60,959.29 and the Nifty was up 40.40 point or 0.22% at 18,145.70 Stocks in Focus NDTV: RRPR Holding has bought 1.75 crore shares or 27.26% stake in NDTV at an average price of Rs 342.65 per share. Shriram Finance has raised $100 million long-term funds from the Asian Development Bank. HG Infra Engineering has emerged as the L1 bidder for the project by Delhi Metro Rail Corporation in Delhi. The project bid cost is Rs 412.11 crore. Muthoot Capital Services: The company has completed the transaction of Rs 82.87 crore through securitization of portfolio. Harsha Engineers International will make an investment up to 5% of total capital contribution in Goldi Harsha Ventures. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/RrYww8y-geo 30 December 22 The Sensex was up 159.78 points or 0.26% at 61293.66 and the Nifty was up 43.50 points or 0.24% at 18234.50 Stocks in Focus Reliance Industries: Reliance Retail Ventures, will acquire 51% stake in Lotus Chocolate Co. for Rs 74 crore, and make an open offer to acquire up to 26%. Eicher Motors: The company will acquire a 10.4% stake in Spain-based Stark Future for 50 million euro Cipla: Cipla EU, a subsidiary of the company, will acquire 10.4% of Germany-based R&D company Ethris for 15 million euros (Rs 132.6 crore). Tata Power: The company raised Rs 1,000 crore via the issue of 10,000 non-convertible debentures. HG Infra Engineering received a project worth Rs 743.7 crore for the construction of a 6-lane Karnal ring road in Haryana. Watch the Youtube video to know about Today's Stock Market opening highlights  https://youtube.com/shorts/M789Zr8GCRM 29 December 22 Global signals are weak today and opening indications are weaker even from SGX Nifty Today the focus will be on the listing of KFin Tech's IPO JSW Energy has aquired ind baraath Tata Power bags 255 MW order in renewable energy space. Spandana Sphoorti sells Rs 323 cr stressed loan to ARC. Ashok buidcon has recieved Rs 755 cr order from MP govt Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/UPO-9BWSYC8 28 December 22 Indian equity market might have bearish start amid weak global cues. The Sensex was down 132.86 points or 0.22% at 60794.57 and the Nifty was down 41.80 point or 0.23% at 18090.50 Stocks in Focus Punjab & Sind Bank: The board will meet on Friday to consider and approve raising Rs 250 crore through equity and debt instruments. Rail Vikas Nigam has recieved the order for UTF harbour project in Maldives. This is a strategic project of the government and the cost is pegged at Rs 1,544.60 crore. Hariom Pipe Industries has decided to acquire operating assets of RP Metal Sections.The transaction cost is Rs 55 crore. Banks balance sheet grows in double digits after 7 years: RBI report Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/X9UtrYWXDQI 27 December 22 Indian equity market are expected to open in green. The Sensex was up 249.46 points or 0.41% at 60815.88 and the Nifty was up 76.70 point or 0.43% at 18091.30 Stocks in Focus NTPC signed an MoU with Tecnimont Pvt. Ltd., Indian subsidiary of Italy-based Maire Tecnimont Group, to jointly evaluate and explore the possibility to develop commercial scale green methanol production. Time Technoplast has received another order worth Rs 75 crore from Adani Total Gas for supply of CNG cascades made from Type-IV composite cylinder, starting January 2023. GR Infraprojects received completion certificates for eight-lane access-controlled expressway carriageways in Madhya Pradesh. Share India Securities: The board approved raising Rs 1,000 crore via rights of specified securities to eligible shareholders of the company. HEG: The company incorporated a wholly owned subsidiary TACC Ltd. for manufacturing graphite anode for lithium-ion cells. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/_6xI2U1-EVs 26 December 22 Indian equity market are expected to open on a flat note amid mix global cues. The Sensex was up 91.50 points or 0.15% at 59936.79 and the Nifty was up 28.30 point or 0.16% at 17835.10 Stocks in Focus NDTV: Promoters Prannoy Roy and Radhika Roy will sell 27.26% stake to RRPR Holding, giving Adani Group control over 64.71% shares of the company. Tata Motors' Subsidiary TML CV Mobility Solutions signed a definitive agreement with DTC for operating 1,500 electric buses in New Delhi for 12 years. Alkem Labs sold 8% post-money shareholding in subsidiary Enzene Biosciences for Rs 161.49 crore. HDFC received a $400 million loan from International Finance Corporation to bridge the urban housing gap and promoter green housing in India. Avent International to acquire a significant stake in the Suven Pharma from the Jasti family. Siemens India becomes the lowest (L1) bidder for the 9,000 HP electric locomotives as Railways issues the contract for Rs 26,000 crore. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/qBp0KdXHhnk 23 December 22 The Sensex was down 334.88 points or 055% at 60491.34 and the Nifty was down 102.10 point or 0.56% at 18025.20 Stocks in Focus Rail Vikas Nigam has received contract for 'construction of Bhesan depot cum workshop, for Surat Metro Rail Project Phase-1, DC 2, from Gujarat Metro Rail Corporation. Lupin Pharmaceuticals Inc is voluntarily recalling 4 lots of Quinapril tablets due to the presence of a nitrosamine impurity, N-Nitroso-quinapril, observed in recent testing above the acceptable daily intake (ADI) level. The company has informed the exchanged that two Hybrid Annuity Mode (HAM) Projects, the respective SPVs viz. 3i Infotech has received contract worth Rs 10.25 crore for digital infrastructure managed services from Eureka Forbes. Landmark Cars will make its debut on the bourses on December 23. The issue price has been fixed at Rs 506 per share Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/JZw8pMf6uIg 22 December 22 Global cues are positive today after yesterday's heavy selling and SGX Nifty is also showing positive opening Reliance ind - Metro Cash has been acquired in Reliance Retail Venture for Rs 2850 crores. Ajanta pharma - Promoter group to sell 4.56% stake through block deal IPO - Today's listing of IPO of Sula Vineyards will be there. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/BooOya3TUYA 21 December 22 Global cues are favorable today, and SGX nifty also indicates postive start for indian indices.. The Sensex was up 167.39 points at 61869.68 and the Nifty was up 53.30 point at 18438.60 Stocks in Focus Dabur India: Entities of Burman family, who are part of the majority shareholders of the company, have sold approximately 1% of shares through a large deal on Dec. 20. Bharti Airtel: The company entered an agreement to acquire 8% share in technology start-up Immensitas Pvt. Shyam Metalics and Energy will conclude the acquisition of Mittal Corp. to strengthen its metal portfolio by entering the stainless steel/wire rod and bar mill business. Sterling and Wilson Renewable Energy: Promoters will exercise the oversubscription option for their stake sale as the first day of the issue received 153% demand from the non-retail category. GAIL (India) raised 1,575 crore via non-convertible debentures on private placement basis. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/9PcADm0qdos 20 December 22 Indian market are likely to have a flat to negative start today. The Sensex was down 301.64 points or 0.49% at 61504.55 and the Nifty was down 91.10 points or 0.49% at 18329.40 Stocks in Focus Sterling and Wilson Renewable Energy: Promoters Shapoorji Pallonji and Co. and Khurshed Yazdi Daruvala will sell up to 3.69%and 1.58% stake of the company, respectively. HDFC raised home loan rates by 35 basis points for customers with credit scores over 800 Life Insurance Corporation of India increased its stake in the IRCTC to 7.28% from 5.01%. NBCC (India) secured a project worth Rs 69.3 crore for construction of multistoried quarter complex at Bhoinager, Bhubaneswar Just Dial: Promoter Reliance Retail Ventures Ltd. will sell 16.86 lakh shares, representing 2% of the overall shareholding Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/da5rDkSeJj8 19 December 22 Indian equity market might witness a flat to a positive start today. The Sensex was down 24.04 points or 0.04% at 61313.77 and the Nifty was down 8.30 points or 0.05% at 18260.70. Stocks in Focus Yes Bank has concluded the assignment of Rs 48,000 crore worth of stressed assets to JC Flowers Asset Reconstruction Co. Sun Pharmaceuticals received a warning letter from USFDA for the Halol facility. Tata Motors' stock will be included in the S&P BSE Sensex Index from today. Dr. Reddy's will be dropped from the index. Phoenix Mills completed the acquisition of a 7.2-acre land parcel in Surat, Gujarat for Rs 510 crore. Dilip Buildcon received a new order worth Rs 1,647 crore for four-laning of Karimnagar Warangal Section of NH-563 in Telangana Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/RNpZQ5HNvus?feature=share 16 December 22 The Sensex was down 260.92 points or 0.42% at 61538 and the Nifty was down 77.90 points or 0.42% at 18,337. Stocks in Focus Reliance Industries: Reliance Consumer Products launched the FMCG brand ‘Independence’ in Gujarat to cater to demand in categories like edible oil, staples, processed foods, beverages, and other daily essentials. Wipro signed a five-year, multi-million-dollar deal with Mazda Motor Logistics Europe to help industrialize Mazda IT, digitize processes, and enable agile DevOps. Deepak Fertilisers and Petrochemicals Corporation will restructure the company’s mining chemical and fertilizer businesses. Hindustan Petroleum Corporation will raise Rs 10,000 crore in debt via non-convertible debentures, bonds, or notes. IRCTC: The offer for sale by the company was oversubscribed 3.08 times on the first day. It will open on Dec. 16 for retail investors. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/c9whwmeuv9I 15 December 22 Indian indices might witness a flat to negative start today. The Sensex was down 76.96 points or 0.12% at 62600.95 and the Nifty was down 14 points or 0.08% at 18646.30 Stocks in Focus IRCTC will offload 2 crore shares, representing 2.5% of its entire shareholding, via a OFS route between Dec. Poonawalla Fincorp will sell subsidiary Poonawalla Housing Finance to TPG-affiliate Perseus SG for Rs 3,900 crore. Biocon initiated clinical study of Itolizumab in patients with ulcerative colitis in India, in collaboration with Equillium Inc. State Bank of India will raise Rs 10,000 crore AT1 capital via Basel III compliant debt instrument till fiscal ending March 2024. Wipro announced the launch of Capco, a new financial services advisory capability for the Middle East market. Tamilnad Mercantile Bank executed the agreement for marketing the general insurance products under the tie-up arrangement with Kotak Mahindra General Insurance Company. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/M24AeDKfhvQ 14 December 22 Market are likely to start in a strong position today. The Sensex was up 182.65 points or 0.29% at 62715.95 and the Nifty was up 55.30 points or 0.30% at 18663.30 Stocks in Focus Paytm will buy back up to 1.05 crore shares for up to Rs 850 crore at a maximum Rs 810/share. Yes Bank: The board approved allotment of 361.61 crore equity shares and 255.97 crore warrants to Carlyle Group’s CA Basque Investments and Advent-controlled Verventa Holdings. Bank of Baroda: The bank will divest its 98.57% shareholding in Nainital Bank. UltraTech Cement commissioned 1.9 MTPA greenfield clinker backed grinding capacity at Pali Cement Works, Rajasthan. TVS Motor Company is planning to launch five Euro-5 compliant two-wheelers in Turkey. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/F5alazTANSY 13 December 22 Global cues and SGX Nifty suggest a positive start for Indian Market. The Sensex was up 79.99 points or 0.13% at 62,210.56 and the Nifty was up 21.40 points or 0.12% at 18518.60 Stocks in Focus Tata Motors' board has given in-principle approval for partial divestment of the company's investment in subsidiary Tata Tech via the IPO route. ICICI Bank raised Rs 5,000 crore via senior unsecured redeemable long-term bonds on a private placement basis. KEC International secured new orders worth Rs 1,349 crore. Paytm: The board of the company will meet on Dec. 13 to consider the proposal of a share buyback. GR Infraprojects will sell its entire stake in subsidiary GR Highways Investment Manager to Lokesh Builders for Rs 15 crore. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/SEM-ddq3y1E?feature=share 12 December 22 Global Cues is negative and SGX Nifty is also showing a weak start Talking about Stocks PSP Project - 122 cr Civil Construction Work from Neela Space Adani Total Gas - Company will build e -vehicle charging stations in 8 cities JP Assoc / JP PWR - There is a board meet regarding investment today IPO Market - listing of Unipart India today Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/AESc82RdL8Y 9 December 22 Global cues and SGX Nifty suggest a positive start for Indian Market. The Sensex was up 122.80 points or 0.20% at 62693.48 and the Nifty was up 37.30 points or 0.20% at 18646.60 Stocks in Focus HUL is planning to expand its presence in health & wellness sector with buying stake in Nutritionlab and Oziva. Adani Enterprises has acquired 100% stake in Alluvial Mineral Resources, from Adani Infra (India). Promoter Dhruv Manmohan Sawhney has offloaded 1.7 crore shares or 7% stake in Triveni Engineering via open market transactions Shalby: Promoter Dr Vikram Indrajit Shah has bought additional 30,000 shares or 0.03% stake in the company via open market transactions on December 7. RateGain Travel Technologies: Subsidiary RateGain Technologies, UK has incorporated RateGain Technologies LLC in Sharjah, UAE. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/NnWUslCRVo0 8 December 22 SGX Nifty indicates a flat start for Indian equity market. The Sensex was down 44.54 points or 0.07% at 62366.14 and the Nifty was down 12.70 points or 0.07% at 18547.80 Stocks in Focus Triveni Engineering and Industries: Promoter to sell 7.03% stake at Rs 280-285 per share. HCL Tech tied up with Intel and Mavenir to develop and deliver private 5G enterprise network solutions. Axis Bank will raise Rs 12,000 crore via unsecured, rated, listed, subordinated, taxable, non-convertible, Basel III compliant Tier II bonds with a green shoe option of Rs 11,000 crore. Lumax Industries: The board approved setting up of new greenfield project at Chakan, Maharashtra Inox Wind: Promoters infused Rs 623 crore in the company, which was used to repay Gujarat Fluorochemicals Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/vY6GCwUwwWI?feature=share 7 December 22 Indian indices are expected to have a low start today. The Sensex was up 9.56 points or 0.02% at 62635.92 and the Nifty was up 1.40 points or 1.40% at 18644.20 Stocks in Focus Promoter Abrdn Investment Management will sell its entire 10.21% stake in HDFC Asset Management Company. Ircon International won an order by Sri Lanka Railways under Indian Line of Credit at $14.89 million (Rs 122 crore). Vedanta’s board is meeting on Dec. 9 to consider the proposal to offer non-convertible debentures. Siemens emerged as the lowest bidder for the 9,000 HP Electric Locomotives project in Dahod, Gujarat. Maruti Suzuki India recalled 9,125 units of Ciaz, Brezza, Ertiga, XL6 and Grand Vitara manufactured between Nov 2-28, 2022, to fix fault seat belt assembly. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/dioNtuF044k 6 December 22 Indian indices are expected to open in red today due to weak global cues. The Sensex was down 292.95 points or 0.47% at 62541.65 and the Nifty was down 83.50 points or 0.45% at 18617.50 Stocks in Focus Bajaj Consumer Care will have board meet on December 9 to consider share buyback. BCL Industries bags orders from OMCs, Reliance Industries for supply of ethanol. DreamFolks in pact with Vidsur Golf to offer customers access to premium golf courses across India & Asia Pacific. IRB Infra and its private InvIT arm report 39% increase in toll collection in November. Sequoia Capital India sells Rs 228 crore shares of Go Fashion. Ahluwalia Contracts bags Rs 175 crore construction order in Guwahati. Watch the Youtube video to know about Today's Stock Market opening highlights  https://youtube.com/shorts/npZq_fqAXks 5 December 22 Indian indices might witness a flat start amid mixed global cues The Sensex was down 65.03 points or 0.10% at 62803.47 and the Nifty was down 10.70 points or 0.06% at 18685.40 Stocks in Focus The National Company Law Appellate Tribunal disposed of all 14 appeals against the CCI order against certain tyre manufacturers on cartelization of the industry. UltraTech Cement commissioned 2 units in Maharashtra and Madhya Pradesh. PNB Housing Finance paid a fine of Rs 3 lakh to BSE and NSE for not having the requisite number of independent directors. Ion Exchange has won a contract worth Rs 343.36 crore from Indian Oil Corporation Ltd. Hindustan Aeronautics received an income tax refund order worth Rs 427.45 crore. Mahindra & Mahindra Financial Services Disbursements rose 75% year-on-year to Rs 4,500 crore State Bank of India raised Rs 10,000 crore through its maiden infrastructure bond issuance at a coupon rate of 7.51%. Watch the Youtube video to know about Today's Stock Market opening highlights  https://youtube.com/shorts/txVZGdTGHX4 2 December 22 Indian indices might have a flat to negative start today amid weak indications from SGX Nifty. The Sensex was down 210.73 points or 0.33% at 63073.46 and the Nifty was down 57.50 points or 0.31% at 18755. Stocks in Focus Govt cut windfall tax on domestic crude oil production. NMDC: The government invited preliminary bids for strategic sale of NMDC's Nagarnar Steel Plant. Carlyle Group and Advent have got the Reserve Bank's nod to own up to 9.99 percent of Yes Bank. Phoenix Mills opened a new shopping center in Indore with an investment of Rs 800 crore. Plutus Wealth Management acquired 90 lakh shares of Bandhan Bank Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/98TzcLo75i8 1 December 22 Indian indices market are expected to witness a positive start amid strong global cues. The Sensex was up 383.98 points or 0.61% at 63483.63 and the Nifty was up 100.50 points or 0.54% at 18858 Stocks in Focus Punjab National Bank hiked MCLR rates by 5 basis points across tenors. Wipro launched Wipro Data Intelligence Suite on Amazon Web Services. Tata Consultancy Services has been selected by Rail Delivery Group help create the U.K. government's Rail Data Marketplace. KPI Green Energy: The board of the company has recommended issue of bonus shares in the ratio 1:1. Apollo Hospitals Enterprise: The board approved issue of non-convertible debentures worth Rs 105 crore. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/YcDFMhTmKts 30 November 22 Indian indices are expected to open on flat note today as suggested by trends on SGX Nifty. The Sensex was down 48.12 points or 0.08% at 62633.72 and the Nifty was down 37.70 points or 0.20% at 18580.30 Stocks in Focus NDTV founders Prannoy Roy and Radhika Roy resigned from the board of the company’s promoter group RRPR Holding. Gland Pharma acquire 100% stake in France-based Phixen SAS, doing business under the brand name Cenexi. RBI will start the pilot of for retail digital rupee on Dec. 01 through these eight banks. SEBI has approved handing over control of IDFC Mutual Fund to a consortium led by Bandhan Financial Holdings. Biocon: The company’s subsidiary Biocon Biologics completed the acquisition of the biosimilars businesses and assets of Viatris. Uniparts India: The Rs 835-crore IPO will open today and continue till Dec. 2 Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/JAiqkE6eEE8 29 November 22 Indian equity market might witness a flat to negative start due to weak global cues. The Sensex was up91.15 points or 0.15% at 62595.95 and the Nifty was up 33 points or 0.18% at 18595.80 Stocks in Focus NDTV promoter group RRPR Holding issued equity shares constituting 99.5% of its equity share capital to Adani Group-owned Vishvapradhan Commercial on Nov. 28. Lupin's Brazil-based wholly owned subsidiary has acquired all rights to nine medicine from BL Indústria Ótica, a subsidiary of Bausch Health Companies. Adani Enterprises denied reports that it is looking to raise $5 billion from wealth funds. NBCC (India) has received work orders worth Rs 271.62 crore in two projects of the Amrapali Group. Can Fin Homes has declared an interim dividend of Rs 1.50 on each share of face value Rs 2 Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/j3mL3oiE7hk 28 November 22 The signal from the global markets is weak, even SGX Nifty is indicating a slow start. Stocks in focus today IEX its buyback has got approval and the company will buy back at 200 per share Hero MotoCorp will be in focus on its vehicles price will increase from 1 Dec L&T Financial Holding completes the process of selling mutual fund units to HSBC Lemon Tree Hotel, will start 42 room hotel in Jamshedpur by next year, Apart from this, the IPO of Dharmaj Crop Guard is opening today, so it will also be in focus Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/R1PJCwHYcWw 25 November 22 Yesterday the US market was closed due to Thanksgiving Day, whereas today the Asian market is showing mixed to negative SGX nifty negative opening. Lets talk about stocks Lupine - Mandideep Unit-1 has been issued 5 observations from USFDA. PVR - Launches a superplex of 12 screens Veranda learning has tied up with IIM Raipur or society of human resources mgmt for online MBA Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/z3P9qAFK85Q 24 November 22 Global cues are positive SGX Nifty is also indicating a jump of 85 points Speaking of Stocks, we may focus on Canfinhomes will consider dividends in its board meeting on 28 November Indigo Turkish along with the airline started 19 new flights to Europe Reliance jio has launched its 5G services in Pune. Keystone Rustom IPO will launch today in the IPO market Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/AvFBzvRXymI?feature=share 23 November 22 Global cues are positive and SGX Nifty is showing the positive opening Speaking of Stocks Vedanta has declared a 17.50/share third interim dividend, whose total amount is Rs 6505 crore. We will have to keep an eye on Tech Mahindra where LIC has increased its stake from 4.86% to 6.87%. Nykaa's CFO Arvind Agarwal has tendered his resignation, effective from 25 Nov 22 Talking about the IPO market, inox green energy will be listed today. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/RZzZZQZaeZc 22 November 22 Global cues were mix to positive Sgx nifty is showing positive opening Nykaa is likely to have a block deal. PE Lighthouse Fund will sell 0.65% stake The deal can be done between 180-183 JK Paper's board has approved the acquisition of two companies. This acquisition will help JK Paper to grow further in the packaging business. We will have to keep an eye on Vedanta as well. Interim dividend will be considered in the board meeting today. Adani Group's open offer for ndtv will open today, for additional 26% stake, there will be an open offer of 490 crores, which will be open till December 5. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/p6amRCrdTrQ 21 November 22 Global signals are mixed today and SGX Nifty is indicating a weak opening. Govt has removed most of the export duty on steel, so focus will be on steel companies today, JSPL JSW Steel, Tata Steel will be in focus .There is a tussle between Aarti Industries and Deepak Fertilizers regarding the supply of Nitric Acid, Tata Motors is about to enter the Sensex from December 19, so the focus will be on it.IEX board meet will be held on Dec 25 so keep an eye on this too 18 November 22 Indian indices might witness a flat to a positive start today. The Sensex was up 80.38 points or 0.13% at 61830.98 and the Nifty was up 24.10 points or 0.13% at 18363.80 Stocks in Focus ABFRL entered into a strategic partnership with Galeries Lafayette to open luxury department stores and a dedicated e-commerce platform in India. Blue Dart Express announced the opening of 25 retail outlets in Tier I and II cities as part of its expansion plan. UltraTech Cement commenced operations at its third white putty plant in Nathdwara, Rajasthan with a capacity of 4 LMT per annum. LIC India The insurer reduced its shareholding in Bajaj Auto to 5.2% from 7.2%. Vedanta: The board of the company will meet on Nov. 22 to consider and approve the third interim dividend for the current fiscal. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/CjVkcoqvCYk 17 November 22 Indian equity market might open in red amid flat to negative indications from the global market and SGX Nifty. The Sensex was down 130.38 points or 0.21% at 61850.34 and the Nifty was down 45.90 points or 0.25% at 18363.80 Stocks in Focus Tata Power Solar Systems, a subsidiary of Tata Power, has tied up with the Union Bank of India to facilitate solar rooftop adoption in the MSME sector. Hindustan Zinc will pay an interim dividend of Rs 15.50 per share, amounting to Rs 6,549.24 crore. Asian Paints has entered into a technology and other allied agreements with Kellogg Brown & Root for the manufacturing of Vinyl Acetate Monomer in India. Thierry Boller, the CEO of Jaguar Land Rover and independent director of Tata Motors, has resigned, effective December 31. One 97 Communications: SoftBank is planning to sell 29 million shares, comprising a 4.5% stake, at Rs 555-601.45 each in a block deal. Balrampur Chini Mills commenced commercial production of industrial alcohol at its new distillery in the Maizapur Unit, with a capacity of 320 KLPD. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/-5AnXBpQAtc 16 November 22 SGX Nifty indicates a flat to negative start for for Indian market today. The sensex was down 21.21 points or 0.03% at 61851.75 and the Nifty was down 4.10 points or 0.02% at 18399.30 Stocks in Focus Wipro announced new retail solutions based on Microsoft Cloud and Cloud for Retail. BEL signed four separate MoUs with Hindustan Shipyard, SVC Tech Ventures, U.S.-based Profense, and Yantra India pertaining to manufacture of defence equipment. TCS has been chosen as a strategic partner by flag carrier TAP Air Portugal to accelerate the latter’s digital transformation. Mahindra & Mahindra launched its first dedicated non-tractor farm machinery plant in Pithampur, Madhya Pradesh. Reliance Power: Piramal Capital and Housing Finance Limited has withdrawn its application against the company to initiate corporate insolvency resolution process under Section 7 of the Insolvency and Bankruptcy Code. Listing of Global Health and Bikaji foods international Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/S3ceDdU-eKA 15 November 22 Global cues are flat however SGX Nifty indicates a positive start for the Indian market The Sensex was up 85.17 points or 0.14% at 61,709.32 and the Nifty was up 24.10 points or 0.13% at 18353.30 Stocks in Focus Larsen & Toubro/L&T Infotech/Mindtree: The conglomerate secured NCLT approval to merge its software units—L&T Infotech and Mindtree—with effect from Nov. 14 to form the merged entity LTIMindtree. Thomas Cook (India) signed a long-term agreement with KrisFlyer, the loyalty program of Singapore Airlines. Biocon: The board approved proposals to raise funds through the issuance of non-convertible debentures worth $250 million Adani Ports and Special Economic Zone floated a joint venture, Mediterranean International Ports ADGD Ltd., with Israel-based Gadot Group to acquire Haifa Port Company, which operates the Haifa Port in the country. Market regulator SEBI has given its final approval to Adani enterprises' open offer for a 26% stake of NDTV. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/3b5aJiMYTmA 14 November 22 Indian indices may witness a flat start today amid mix cues from global market. The Sensex was up 5.94 points or 0.01% at 18362.30 and the Nifty was up 12.60 points or 0.07% at 18362.30 Earnings Today : ONGC, Grasim Stocks in Focus NDTV: The open offer for the company will begin from Nov. 22 with VCPL, AMG Media Networks and Adani Enterprises as acquirers. Life Insurance Corporation of India increased its shareholding in Welspun Corp to 7.25% from 5.24%. Hindustan Zinc: The board will convene on Nov. 16 to consider the proposal for an interim dividend for the current fiscal. The record date for the dividend, if declared, will be Nov. 24. Bharat Electronics signed an MoU with Aerosense Technologies for development and marketing of Drones and soft kill aerial anti drone. Macrotech Developers will absorb five wholly owned subsidiaries—Bellissimo Constructions and Developers, Homescapes Constructions, Primebuild Developers and Farms, Palava Institute of Advanced Skill Training, and Center for Urban Innovation. Offer - Keystone Realtors (Rustomjee) Watch the Youtube video to know about Today's Stock Market opening highlights 11 November 22 Indian indices may witness a gap up opening amid strong global trend and 300 points up SGX Nifty. The Sensex was up 827.54 points or 1.37% at 61441.24 and the Nifty was up 241.00 points or 1.34% at 18269.20 Earnings Today : LIC, Hindalco, M&M, Adani Power, ABB India, Vedant Fashions, Alkem Lab, Hindustan Aeronautics, Zydus Lifesciences. Stocks in Focus Peugeot Motorcycles will cease to be a subsidiary of Mahindra Two Wheelers Europe Holdings, a wholly owned subsidiary of M&M. Adani Power will sell its entire stake in its wholly owned subsidiary Support Properties to AdaniConnex for Rs 1,556 crore Sunteck Realty: The board has approved amalgamation of subsidiary Starlight Systems (I) into the company. SJVN: The company secured 83 MW floating solar project in Madhya Pradesh from REWA Ultra Mega Solar Ltd. at Rs 3.70 per unit on build-own-and-operate basis. Bank of Baroda increased interest rates across MCLR tenors in the range of 10-15 basis points, effective Nov. 12. Listing - DCX Systems Offer - Inox Green Energy IPO will openfrom today. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/xmcPlvl4c3A 10 November 22 Indian indices are expected to open lower amid weak global cues and SGX Nifty The Sensex was down 302.97 points or 0.50% at 60730.58 and the Nifty was down 95.80 points or 0.53% at 18061.20 Earnings Today: Ashok Leyland, Berger paints, Indian Hotel, Concor, Page India, Muthoot Finance Stocks in Focus Tata Motors: The company will delist American Depository Shares from the New York Stock Exchange after January 2023. Hindustan Unilever terminated its marketing, distribution, and selling agreement with GlaxoSmithKline Asia and GlaxoSmithKline Consumer. Adani Ports and Special Economic Zone bought Oiltanking’s 49% stake in Indian Oiltanking. JM Financial: The board will meet on Nov. 14 to consider the proposal for an interim dividend. Balrampur Chini Mills announced a Rs 145.44-crore buyback scheme, where it will buy back 40.4 lakh shares. LIC increased its shareholding in Divi's Laboratories to 5.03% from 4.99%. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/o-x99Czc2w0?feature=share 9 November 22 SGX Nifty indicates a positive opening for Indian equity markets. The Sensex was up 152.22 points or 0.25% at 61337.37 and the Nifty was up 50.50 points or 0.28% at 18253.30 Earnings Today : 3M India, Action Construction, Pidilite, Tata Motors, Godrej Properties, BEML, H.G Infra, Deepak Nitrite Stocks in Focus Bharat Electronics signed an MoU with Delhi Metro Rail Corporation for jointly developing the Indigenous Communication-based Train Control System. Life Insurance Corporation of India has increased its share in Voltas to 8.88% from 6.86%. Five Star Business Finance: The Rs 1,960-crore initial public offering will open for public subscribers on Nov. 9 Archean Chemical Industries: The company is looking to raise Rs 1,462 crore through IPO, which will open from Nov. 9 to Nov. 11. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/Ai-vVolSRAw 7 November 22 SGX Nifty indicates a positive opening for Indian equity markets. The Sensex was up 237.77 points or 0.39% at 61,188.13 and the Nifty was up 94.60 points or 0.52% at 18,211.80 Earnings Today: AB Capital, Coal India, Divis lab Stocks in Focus TVS Motor Company: The board approved the issue of zero-coupon debentures up to Rs 310 crore to subsidiary Sundaram Auto Components. Cipla: The board decided not to proceed with the transfer of India-based U.S. business undertaking. Escorts Kubota: The company will buy the rough terrain crane business and the associated equipment and parts from Tadano Escorts India for Rs 16.59 crore. IDFC First Bank: The board approved the plan to raise Rs 4,000 crore Tier-1 capital via the issuance of equity shares. Indian Railway Finance Corporation: The board will convene on Nov. 10, 2022, to consider interim dividends for the current financial year. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/gUMUfOHg_0Q 4 November 22 Global cues are weak and SGX Nifty is indicating a flat start for Indian indices. The Sensex was 281.26 points or 0.44% down in the preopening session at 60555.15 and the Nifty was down 54.80 points or 0.30% at 17997.90 Earnings Today: Titan, Cipla, Britannia, Marico, City union bank, TVS Motor, ABFRL Stocks in Focus Persistent Systems entered into a partnership with Software AG to develop joint solutions for enterprise clients. SKF India: The board approved an investment of Rs. 4.3 crore for 26% in wind and solar power project SPV in Bengaluru, and an additional investment of Rs 1.5 crore for the expansion of a captive solar power plant in Pune. Cochin Shipyard bagged an international order for two commissioning service operation vessels from a European Client to be used for wind farm installations Welspun Corp's board approved the acquisition of the entire share capital of newly incorporated Propel Plastic Products at a fair value consideration of Rs 10,000 Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/yt7A9VHIeN0 3 November 22 Indian Indices may open in red today due to to weak indications from global market and SGX Nifty. The Sensex was down 270.48 points or 0.44% at 60635.61 and the Nifty was down 79 points or 0.44% at 18003.80 Earnings Today : Adani enterprises, Adani Wilmar, HDFC, Amara Raja Batteries, Devyani Internationals, Hero moto corp, Bank of India, HPC IPO - Bikaji Foods International & Global health limited Stocks in Focus Adani Transmission: The board granted in-principle approval for issuance of non-convertible debentures worth up to Rs 1,500 crore. Life Insurance Corporation of India: The insurer diluted its shareholding in Rail Vikas Nigam to 6.7% from 8.72%. Info Edge (India): The board will convene on Nov. 11 to consider a dividend for the current fiscal. Triveni Turbine: The board approved the proposal for buyback of equity shares worth up to Rs 190 crore through tender offer route at Rs 350 per share. Piramal Enterprises: The board of directors will meet on Nov. 7, 2022, to consider and approve the issuance of non-convertible debentures on a private placement basis. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/IlLlMnW_tS0 2 November 22 SGX Nifty suggests a Flat start for the Indian equity market. Earnings Today: Adani transmission, Dalmia Bharat, JK Paper, Jindal Steel, Mahindra & Mahindra financial services, MTAR Tech Stocks in Focus Grasim Industries: The board approved the issue of non-convertible debentures worth up to Rs 1,000 crore on a private placement basis. IDFC First Bank: The board will meet on Nov. 04, 2022, to consider the capital plan of the bank for the next year and to explore the raising of capital through various permissible modes. Indian Bank: The bank will hike MCLR and TCLR in a range of 15-25 basis points and 45-50 basis points, respectively, across tenors from Nov. 3, 2022. ONGC/Reliance Industries: The government has cut the windfall tax on crude petroleum to Rs 9,500 per tonne, and raised the same on the export of diesel and ATF to Rs 13 per litre and Rs 5 per litre, respectively. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/-CJJdl1QSkQ 1 November 22 SGX Nifty suggests a positive start for the Indian equity market. Sensex was up 363 points or 0.60% at 61110 and the Nifty was up 99.50 points or 0.55% at 18111. Earnings Today: Adani Ports, UPL, Tech Mahindra, Sun Pharma, FSN E-commerce Ventures, CMS Info Systems, LIC Housing Finance Stocks in Focus RBI imposed a fine of Rs 35 lakh against LIC Housing Finance over regulatory non-compliance. Block deal in Axis Bank today, Bain Capital is planning to sell 1.24% of total shares outstanding at the company. GHCL: The board of the company approved the acquisition of a specified business undertaking in the Junagarh district of Gujarat Trident: The company approved the put option exercised by Standard Chartered Bank against its NCDs, amounting to a payout of Rs 93.75 crore. Zomato: The company will liquidate its Doha-based joint venture Zomato Media WLL with effect from Oct. 25. 2022. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/9hvo-hWR8Z8 31 October 22 Market are expected to surge ahead in early Monday trades. Sensex was up 511.45 points or 0.85% at 60471.30 and the Nifty was up 147.80 points or 0.83% at 17934.60 Earnings Today : Tata Steel, Larsen & Toubro, Bharti Airtel, Supreme Industries, Castrol India, Data Patterns (India), Saregama India Stocks in Focus Hero MotoCorp registered retail growth of 20% during the festive period this year over the corresponding period of last year. Steel Authority of India signed an agreement with Airport Authority of India to facilitate commercial operations at Rourkela airport under RCS UDAN scheme. Vedanta: The board approved the expansion of rolled product capacity at subsidiary Bharat Aluminium Company to 180 KTPA from existing 50 KTPA at a revised cost of Rs 595 crore Solar Industries: The board of the company will consider on Nov. 4 the offer, issue and allotment of unsecured redeemable NCDs of up to Rs 100 crore. DCX Systems: The Rs 500-crore initial public offering will open from today. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/SkV4RS_h0BM 28 October 22 Sensex was up 186.83 points or 0.31% at 59943.67 and the Nifty was up 55.80 points or 0.31% at 17792.80 Earnings Today : Vedanta, Maruti Suzuki India, Tata Power, JSW Energy, Dr. Reddy's Laboratories Stocks in Focus Vedanta along with other parties to the production sharing contract, got government approval for 10-year extension till May 14, 2030, for Rajasthan oil block. T: The finance ministry extended the deadline for potential bidders to submit queries on IDBI Bank privatisation by 13 days till Nov. 10. IFCI: The company issued 9.29 crore shares at a price of Rs 10.76 per share on preferential basis to the Government of India. Indus Towers: The board of the company has approved raising Rs 2,000 crore via non-convertible debentures in one or more tranches on private placement basis. PC Jeweller defaulted on loans worth Rs 3,466.28 crore. 27 October 22 Global cues are good today and SGX Nifty is also indicating a positive opening. Due to the rise in crude oil , action will be seen in ONGC, HOEC or oil india. Results of Dabur came which were as expected.Revenue increased by 6% but profit decreased by 3% Also the company bought 51% stake in Badshah Masala, the focus will be on Amara Raja, this stock will be out of F&O by the dec expiry, HDFC Mutual Fund has sold 2% stake in PFC, so keep the focus here and today the results of SBI cards came as well. IndusInd Bank, REC, Tata Chemicals and PNB Housing will also announce the results. 21 October 22 Today global signal is not good and SGX nifty is also showing flat opening indication after tomorrow's results today focus will be on ITC excellent results and revenue is big due to growth in cigarette business. Axis bank also got best results where profit increased by 70%. Bajaj Finance also got good results Profit increased by 88%. Tata Consumer also got better results than expected and today we will see the results of 6 Nifty companies including Reliance, Hul & Bajaj Finserve, so keep focus here 20 October 22 Indian indices might witness a negative start today amid weak global cues. Opening Sensex was down 227.42 points or 0.38% at 58879.77 and the Nifty was down 81.70 points or 0.47% at 17430.60 Earnings Today: ITC, Asian Paints, Axis Bank, Bajaj Finance, Canara Bank, Colgate Palmolive, ICICI Securities, Nelco, Dixon Stocks in Focus Jindal Steel & Power an MoU with Greenko Group to facilitate 1,000 MW of carbon-free energy for its steel-making operations at Angul, Odisha. Lupin: The USFDA issued a Form 483 with seventeen observations after a prior-approval inspection at the company’s manufacturing facility in Pune, conducted in October 2022. NLC India signed a power purchase agreement with the Kerala State Electricity Board for procuring 400 MW from the upcoming NLC Talabira Thermal Power Project of 2,400 MW capacity at Talabira, Odisha. Kotak Mahindra Bank: At its meeting on Oct. 22, the board of the bank will consider a proposal for raising funds Exide Industries has subscribed compulsory convertible preference shares of its subsidiary Exide Leclanche Energy worth Rs 25 crore. 18 October 22 Indian indices are expected to open in green due to positive indications from SGX Nifty and the Global market. Opening Sensex was up 457.74 points or 0.78% at 58868.72 and the Nifty was up 139.20 points or 0.80% at 17451 Earnings Today: LTTS, Tata Communication, ICICI Lombard General Insurance, HFCL, Praj Industries, Polycab India. Stocks in Focus OFI Global China Fund to sell 5% stake of Zee Entertainment to raise Rs 1396 cr through a block deal. Sojitz Corp to sell 1.9% stake in Samvardhana Motherson through block deal. Shriram Transport Finance opened the offer to buy back senior notes maturing in 2023 worth up to $500 million. KSB: The company bagged approval for the sale of intellectual property rights/drawings of Bharat Pumps and Compressors Ltd., Naini, Prayagraj. Ashiana Housing acquired a piece of additional land admeasuring 2.26 acres on the perpetual basis from Mahindra Lifespaces within the township of Mahindra World City at Chennai. 17 October 22 Global cues are negative and SGX Nifty is also indicating a weak start for Indian indices. Opening Sensex was down 282.76 points or 0.49% at 57637.21 and the Nifty was down 85.20 points or 0.50% at 17100.50 Earnings Today: ACC, PVR, Canfin Homes, Bank of Maharashtra, Tata Metaliks, Tata Coffee, Spandana Sphoorty Financial, Oriental Hotels Stocks in Focus Axis Bank: Irdai has imposed a Rs 3 crore penalty on Max Life Insurance Company for certain violations in a case pertaining to the purchase and sale of shares by Axis Bank and group companies. Tata Power suffered a cyberattack on its IT infrastructure, impacting some of its systems. Bharat Petroleum Corporation has aimed to convert its 7,000 conventional retail outlets into energy stations. Shareholders of Zee Entertainment approved the proposed merger of the company with Sony. Market regulator SEBI approved the sale of L&T Investment Management and L&T Mutual Fund to HSBC Mutual Fund. 14 October 22 Indian indices are expected to see a gap-up opening on the back of positive indications from SGX Nifty and the global market. Opening Sensex was up 1068.31 points or 1.87% at 58303.64 and the Nifty was up 295 points or 1.73% at 17309.30 Earnings Today: Bajaj Auto, Tata Elexi, Shree Cement, Federal Bank, Justdial, Oberoi Realty Stocks in Focus Infosys announced a buyback program worth Rs 9,300 crore where it will buy 5.03 crore shares at Rs 1,850/share. National Highways Infra Trust: The InvIT is looking to raise additional Rs 3,800 crore, out of which Rs 1,500 crore will be raised via non-convertible debentures. Mahanagar Telephone Nigam: Shareholders approved plans to raise Rs 17,571 crore through government-guaranteed debt bonds Irdai approved the merger of Exide Life Insurance Company into HDFC Life Insurance Company. Tata Steel Long Products subscribed 4.69 crore shares of its subsidiary Neelachal Ispat Nigam for Rs 300 crore Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/UwqwjqV3mzA 11 October 22 Indian indices might see a flat to positive opening Opening Sensex was up 166.37 points or 0.29% at 58157.48 and the Nifty was up 51.40 points or 0.30% at 17292.40 Earnings Today: Delta Corp, GM Breweries Stocks in Focus Infosys: The board of the company will meet on Oct. 13 to consider the proposal for the buyback of shares with the result announcement. The financial bids for IDBI Bank privatization are likely to be invited by March next year. Adani Green Energy has completed the acquisition of 100% equity share capital of three entities—Wind One Renergy, Wind Three Renergy, and Wind Five Renergy—from Inox Green Energy Services. Ashiana Housing booked 224 units in Phase 1 of the Gurugram project worth Rs 242.6 crore. India Cements sold Spring way Mining Private Limited to JSW Cement for a total consideration of Rs 476.87 crore. 10 October 22 Indian indices might witness a gap-down opening due to weak global cues & SGX Nifty. Opening Sensex was down 821.85 points or 1.41% at 57369.44 and the Nifty was down 205.40 points or 1.19% at 17109.30 Earnings Today: TCS, JTL Infra Stocks in Focus JP Group & JP Power: To meet today to discuss the divestment of Nigrie Cement Grinding Unit and review the progress made in debt reduction. The government has invited bids for stake sale in IDBI Bank, according to a DIPAM notification. SH Kelkar and Co.: The company registered steady demand sentiments in emerging markets during the quarter that ended Sept. 2022 Tata Power announced plans at Invest Rajasthan summit to develop around 10,000 MW of renewable energy capacity in the next five years in Rajasthan. Godrej & HUL cut soap prices by 15% after raw materials become affordable Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/UJU7DN9p7N8 7 October 22 Indian indices are expected to get a negative start due to weakness in global market. Opening Sensex was down 183.09 points or 0.31% at 58039.01 and the Nifty was down 53.20 points or 0.31% at 17278.60 Stocks in Focus Titan witnessed healthy double-digit growth across most businesses with overall sales growing 18% annually during the quarter that ended in September 2022. The company also added 105 new stores in this quarter. Equitas SMF recorded 20% growth on-year in total deposits during the quarter that ended Sept. 30, 2022. Dabur said its domestic business had a "steady performance" and is expected to report "consolidated revenue growth in mid-single digit" for the second quarter. Nykaa entered into a strategic alliance with Middle East-based Apparel Group to recreate an omnichannel beauty retail platform in the GCC region. Hero MotoCorp: To launch Vida today, its first electric scooter. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/tEFsuIJ5-rk 6 October 22 Benchmark indices might open on a positive note today. Opening Sensex was up 473.55 points or 0.82% at 58539.02 and the Nifty was up 140 points or 0.81% at 17414.30 Stocks in Focus The CCI has approved the merger of Zee Entertainment Enterprises with Sony Group‘s Indian unit with some modifications. Reliance Jio Infocomm will start beta trials of its 5G services in four cities—Delhi, Mumbai, Kolkata, and Varanasi—from Oct. 5 Bajaj Finance sees assets under management rise 31% year-on-year in the second quarter The Indian Energy Exchange achieved 8,160 MU volume in Sept. 2022, registering 5% MoM growth. Adani Enterprises has incorporated two wholly owned subsidiaries—Alwar Alluvial Resources for manufacturing and processing of minerals, and Adani Disruptive Ventures. Motherson Sumi/ Bharat Forge : Class 8 truck orders set a monthly record in September Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/q6vSoUcuPZs 4 October 22 Benchmark indices are expected to open on a positive note today on the back of strong global trends and SGX Nifty. Opening Sensex was up 783.14 points or 1.38% at 57571.95 and the Nifty was up 244.70 points or 1.45% at 17132 Stocks in Focus HDFC sold individual loans to the tune of Rs 34,513 crore, against Rs27,199 crore in the previous year in Q2. Mahindra & Mahindra Financial Services recorded 82% growth in disbursements in the quarter that ended Sept. 30, 2022. Hindustan Zinc recorded a growth of 16% in the production of refined zinc and 21% in the refined lead in the second quarter. Avenue Supermarts: standalone revenue from operations for Q2, stood at Rs 10,384.66 crore, against Rs 7,649.64 crore in the year-ago period. The total number of stores as of Sept 30, 2022, stood at 302. Dilip Buildcon, through the RBL-DBL joint venture, has received the letter of acceptance for the Surat metro rail project worth Rs 1,061 crore Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/vA9oc0CeB2w 3 October 22 Indian market might witness a negative start today due to weak indication from SGX Nifty and the global market. Opening Sensex was down 197.79 points or 0.34% at 57229.13 and the Nifty was down 41.50 points or 0.24% at 17052.80 Stocks in Focus ONGC/OIL/RIL: Govt. hiked natural gas prices by 40% to record levels. HDFC increased its benchmark home loan rate by 50 basis points. Adani Ports & SEZ has incorporated a wholly owned subsidiary, Adani Aviation Fuels, to commence business in the aviation fuel industry. September auto sales numbers are out, Most auto manufacturers saw a rise. Punjab National Bank hiked the repo-linked lending rate by 50 basis points to 8.40% from 7.90%, after a similar increase by RBI. Government cuts windfall profit tax on domestic crude Watch the Youtube video to know about Today's Stock Market opening highlights  https://youtube.com/shorts/65N4Wmgz72Y 30 September 22 Indian market are trading lower ahead of RBI's credit policy announcement amid weak global cues. Opening Sensex was down 145.67 points or 0.26% at 56264.29 and the Nifty was down 36.10 points or 0.21% at 16782. Stocks in Focus Adani Enterprises will become part of Nifty 50 from today replacing Shree Cement. CCI approved the acquisition of 100% equity of Diliigent power and DB power by Adani Power. Hero Motorcorp will invest around Rs. 490 Crore in a deal with US based Zero motorcycle to develop electric motorcycles. Adani Green commissioned the world's largest wind-solar power plant of 600 MW capacity in Jaisalmer, Rajasthan. Coforge received U.S. patent for its Copasys automated compliance audit and quality assurance platform which is built for banks and financial institutions. Rail Vikas Nigam received a contract for construction of 12.25-km-long four-lane highway by NHAI of Rs. 408 Crore. The LIC increased its shareholding in Deepak Nitrite from 4.977% to 5.028%. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/C6erZ7T7VAc 29 September 22 Indian market are likely to see a positive opening on the back of strong global trends. Opening Sensex was up 498.42 points or 0.88% at 57096.70 and the Nifty was up 145.40 points or 0.86% at 17004. Stocks in Focus Nykaa board meet will be on Oct. 3 to consider and approve a bonus share issue. The US FDA has issued a Form 483 with three observations to Torrent Pharmaceuticals after inspection of its Indrad, Gujarat-based manufacturing plant. Blue Dart has increasing its shipping rates by an average of 9.6%. Ramco Cements commissioned its fifth integrated cement plant in Andhra Pradesh. The plant has a clinkerisation capacity of 2.25 million tonnes per annum. Titan/Kalyan Jewellers: The market share of branded gold jewellery can surpass 40% of the overall market in the next five years, according to a report by the World Gold Council. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/K-PoYK7CVvM 28 September 22 Indian indices might to open on a negative note as indicated by SGX Nifty. Opening Sensex was down 466.39 points or 0.82% at 56641.13 and the Nifty was down 138.20 points or 0.81% at 16869.20. Stocks in Focus Torrent Pharma has agreed to fully acquire Curatio Healthcare (I) Pvt. for Rs 2,000 crore as it strengthens its dermatology portfolio. Axis Bank has agreed to invest in Go Digit Life Insurance by way of equity shares. The lender is looking to acquire an equity stake of up to 9.94% in Go Digit. M&M has sold 82.42 lakh shares, or 2.17% stake, in Mahindra CIE Automotive in a large trade. Power Grid will invest Rs 327.71 crore to build a power transmission project connecting Reliance Industries’ Jamnagar Refinery with Jamkhambhaliya ISTS PS. Motherson Sumi Wiring India: The board of the company will meet on Sept. 30 to consider and approve a bonus share issue. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/WMM9Jma0Wlk 27 September 22 Indian indices expected to open on a positive note as indicated by SGX Nifty. Opening Sensex was up 224.23 points or 0.39% at 57369.45 and the Nifty was up 65.70 points or 0.39% at 17082. Stocks in Focus Mahindra Logistics will acquire Rivigo's B2B express cargo service unit on a slump-sale basis, in a deal valued at Rs 225 crore. Jubilant FoodWorks has completed the acquisition of 29.42% stake in Roadcast Tech Solutions, it will acquire additional 10.58% stake by Oct. 26. Amara Raja Batteries: The board has approved demerger of plastic component for battery business from Mangal Industries Ltd. to Amara Raja. BSE: The stock exchange has received SEBI's approval to launch an electronic gold receipt segment on its platform. Delta Corp/Nazara Tech: The Tamil Nadu cabinet has approved an ordinance that bans online gaming in the state. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/rtcbXRs4SCI 26 September 22 Indian equity market may witness a negative start amid weak global cues. Opening Sensex was down 564.77 points or 0.97% at 57534.15, and the Nifty was down 172.30 points or 0.99% at 17155. Stocks in Focus Yes Bank amended its July 15 release that said that it had successfully exited the reconstruction plan initiated by RBI in March 2020. Nestle India: To invest Rs 5,000 crore in India by 2025. Unichem Laboratories: The company sells 20% stake in Optimus Drugs Ltd. to Sekhmet Pharmaventures Ltd. for Rs 270.98 crore. Coal India will sign memorandum of understanding with Bharat Heavy Electricals, Indian Oil Corporation and GAIL (India) for setting up four Surface Coal Gasification projects. Glenmark with Bausch Health announced that nasal spray Ryaltris has been approved by Health Canada for the symptomatic treatment of moderate to severe seasonal allergic rhinitis. Harsha Engineers IPO will debut today in the market. 22 September 22 Indian indices are expected to open lower on weak global cues post US Fed rate hike. Opening Sensex was down 370.75 points or 0.62% at 59086.03 and the Nifty was down 133.80 points or 0.76% at 17584.50 Stocks in Focus DGCA has extended the 50% limit on SpiceJet’s number of flight departures until Oct. 29 as a matter of ‘abundant caution. The company has won a project worth Rs 258.12 crore from South Western Railway for the construction of a new BG line. PB Fintech has invested around Rs 650 crore in its wholly owned subsidiary Policybazaar Insurance Brokers, and another Rs 250 crore in wholly owned subsidiary Paisabazaar Marketing and Consulting. State Bank of India has raised Rs 4,000 crore Basel III compliant Tier 2 bonds at coupon rate of 7.57% Punjab National Bank has raised Rs 658 crore through Basel Ill compliant additional Tier-I capital bonds at a coupon of 8.3%. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/QlXeC7200f0?feature=share 21 September 22 Indian indices trade lower in the pre-opening session amid weak global cues. Opening Sensex was up 46.80 points or 0.08% at 59766.54 and the Nifty was up 16.20 points or 0.09% at 17832.50 Stocks in Focus The RBI has taken Central Bank of India out of the prompt corrective action framework. Kirloskar Industries, a promoter of Swaraj Engines, has proposed to sell its entire stake to co-promoter Mahindra & Mahindra. Wipro has partnered with Finastra to offer digital transformation services to corporate banks in India Hero MotoCorp and Hindustan Petroleum Corporation have entered into a collaboration to establish EV charging infra in the country. Spicejet sends 80 pilots on 3 month leave without pay. Adani group pledges entire Ambuja and ACC stake. Watch the Youtube video to know about Today's Stock Market opening highlights  https://youtube.com/shorts/FM9TiLWSK40 20 September 22 Indian benchmark indices are expected to open in green amid positive indication from SGX Nifty and global market. Opening Sensex was up 549.31 points or 0.93% at 59690.54 and the Nifty was up 164.20 points or 0.93% at 17786.50 Stocks in Focus Crompton Greaves will sell up to 10.73 lakh shares of its subsidiary Butterfly Gandhimathi Appliances. Ircon International has won a Rs 250-crore engineering and project management contract from Mahanadi Coalfields. Hatsun Agro: The company has approved rights issue of Rs 400 crore. Adani Enterprises has raised Rs 100 crore via market-linked non-convertible debentures on private placement basis. Can Fin Homes: Girish Kousgi, MD & CEO, has resigned from his post due to personal reasons. Natco Pharma: The Delhi High Court has allowed the company to launch Chlorantraniliprole and its formulations, through its non-infringing process. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/q--eNQqb_ug?feature=share 19 September 22 Indian benchmark indices are expected to open on a flat to positive note as suggested by trends on SGX Nifty. Opening Sensex was up 9.07 points or 0.02% at 58849.86 and the Nifty was up 20.40 points or 0.12% at 17551.20 Stocks in Focus Adani Enterprises has completed the acquisition of ACC and Ambuja Cements Ltd. Ambuja Cements also plans to raise Rs 20,000 crore via convertible debentures. ONGC/Reliance Industries/Vedanta: India has reduced windfall tax on domestic crude oil as well as cut export duty on diesel and ATF. National Company Law Tribunal has sanctioned the scheme of amalgamation between Exide Life Insurance and HDFC Life Insurance. Indian Army invites firms to offer critical defence equipment for procurement Maruti Suzuki: India's largest carmaker has recalled 5,002 units of its Super Carry LCV to fix potential issues Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/tEqOIlur3rc 16 September 22 Indian market may open in red as SGX Nifty signals gap down start. Opening The sensex was down 250 points and Nifty open below 17800 Stocks in Focus RBL Bank and Indiabulls Housing Finance Ltd to remain under the F&O ban list on Friday. Ujjivan Small Finance Bank on Thursday closed the qualified institutional placement through which it raised ₹475 crore by issuing over 22.6 crore shares. UPL has acquired 26% stake in Clean Max Kratos Pvt. that will develop and maintain a hybrid 28.05 MW of solar and 33.00 MW of wind power project MTAR Technologies has received orders worth Rs 540 crores in clean energy segment including civil nuclear power. Vedanta clarified that the proposed semiconductors business will be undertaken by its ultimate holding company - Volcan Investments. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/NrVuAWrN4rQ 15 September 22 Indian equity market may open on flat note today, however global market are positive. Opening The sensex was up 286.03 points or 0.47% at 60,633 and the Nifty was up 82.20 points or 0.46% at 18086 Stocks in Focus GR Infraprojects' shareholders are offering upto 6.8% stake via offer for sale. PVR : Major Block deal in the acompany of around 7.7% equity. Balaji Amines: The company completed first phase of 90-acre Greenfield Project. It also started construction in Phase 2 of Greenfield Project for Methyl Amine and Methyl Amine plants. HFCL: The company has received advance purchase order of Rs 341.26 crore from BSNL and of Rs.106.55 crore from RailTel Corporation of India Ltd. Campus Activewear will launch 300+ new designs by the end of this year. Tamilnad Mercantile Bank will get listed today. BEL will start trading ex-bonus today. Watch the Youtube video to know about Today's Stock Market opening highlights  https://youtube.com/shorts/gbYpM9CMhJA 14 September 22 Indian equity market may open in red amid bearish global cues. Opening The sensex was down 712.82 points or 1.18% at 59,858.26 and the Nifty was down 219.15 points or 1.21% at 17850.90. Stocks in Focus Infosys, along with Palo Alto Networks, has struck a digital transformation deal with Belgium Post. Ambuja Cements will consider a proposal for raising of funds by way of issue of equity shares or any other means on Sept. 16. Hatsun Agro Products will consider fundraising by way of issue of equity Shares or a rights Issue on Sept. 19. Bajaj Holdings has approved an interim dividend of Rs 110 per share of face value of Rs 10 each. KEC International has secured new orders of Rs 1,108 crores across its various businesses. Tata Steel and Tata Power Renewables are planning to raise as much as Rs 1,200 crore and Rs 1,000 crore via bonds. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/QZi_hjR5B6c 13 September 22 Indian equity market may witness a gap up opening today on the back of positive indication from SGX Nifty and global markets. Opening The sensex was up 329.73 points or 0.55% at 60,444.86 and the Nifty was up 99.50 points or 0.55% at 18,035. Nifty Crossed 18,000 level for the first time after 5 months Stocks in Focus NDTV: The Income Tax Department has clarified that there is no restriction on conversion of warrants into shares by RRPR Holdings in favor of Vishvapradhan Commercial Pvt. TCS - Tata Consultancy Services: Tata Consultancy Services to build a new platform on Google Cloud for C&S Wholesale Grocers, Inc. Ujjivan Small Finance Bank on Monday launched its QIP with a floor price of Rs 21.93 per share. Dixon Technologies: Company gets approval for disbursement of incentives. Block deal in HDFC Life where Abrdn seeks up to $313 millon in HDFC Life share sale. Zee Entertainment: Sony, Zee offer merger concessionas to eas India watchdog. DB Corp - Promoters holding increased in the company. Watch the Youtube video to know about Today's Stock Market opening highlights  https://youtube.com/shorts/v6eArace_qM 12 September 22 SGX Nifty indicates a flat start for Indian indices, however global trends were positive. Opening The Sensex was up 285.93 points or 0.48% at 60,079.07 and the Nifty was up 85.50 points or 0.48% at 17,918.80 Stocks in Focus Reliance Industries has acquired polyester chips and yarn manufacturer Shubhalakshmi Polyesters Ltd. for Rs 1,592 crore. GIPCL has awarded KEC an EPC contract worth RS. 244 crore. Bank of Baroda has hiked its marginal cost of funds-based lending rate by 5-15 basis points. ACC, Ambuja Cements: Adani Group Chairman Gautam Adani will join the boards of the cement makers upon completion of the acquisition. Oberoi Realty: The company has approved the scheme of amalgamation of its four subsidiaries: Oberoi Constructions, Oberoi Mall, Evenstar Hotels, and Incline Realty. Watch the Youtube video to know about Today's Stock Market opening highlights 9 September 22 Indian indices may open in green on the back of positive global cues and SGX Nifty. Opening The sensex was up 382.40 points or 0.64% at 60070.62 and the Nifty was up 118.25 points or 0.66% at 17,917 Stocks in Focus NTPC has entered into agreement to supply renewable energy power to the armed forces. Vodafone Idea: The government will acquire a stake in Vodafone Idea after the stock price of the company stabilises at Rs 10 or above, PTI reported. KRBL/LT Foods/GRM Overseas: The Indian government has imposed a 20% duty on exports of unmilled rice. Samvardhana Motherson: The company has agreed to acquire at book value assets of DICV in Chennai at book value. The deal includes supply of complete frame assembly. Mahindra & Mahindra: The company has unveiled the XUV400, its first all-electric SUV. PNC Infratech: The company will build for NHAI a four-lane highway in the Sonauli-Gorakhpur section of NH-29E in Uttar Pradesh, at a bid cost of Rs 1,458 crore. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/F999XCttQVs 8 September 22 Indian indices may open in green on the back of positive global cues and SGX Nifty. Opening The sensex was down up 455.92 points or 0.77% at 59484.83 and the Nifty was up 134 points or 0.76% at 17,758.80 Stocks in Focus Zee Entertainment received NCLT approval to convene a shareholder meeting for considering, and approve the Sony deal. The Gangwal family, one of the promoters of InterGlobe Aviation Ltd., will offload a 2.8% stake or 1.08 crore shares in the airline through a block deal, Redington India: Apple launched iPhone 14 series. Redington is a re-seller of Apple products in India. Aditya Birla Fashion and Retail: SEBI granted relaxation to the company from securities contracts rules in preferential allotment To Caladium Investment. TCS: To deploy a cloud-based platform at Nokia. Cipla: Gets U.S. FDA approval for the generic version of Revlimid. Tanla Platforms to consider the proposal for buyback Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/x2PRhElFS0c?feature=share 7 September 22 Indian Market could open lower, in line with SGX Nifty and negative global market. Opening The Sensex was down 407.73 points or 0.69% at 58,789.26 and the Nifty was down 136.20 points or 0.77% at 17,519.40 Stocks in Focus Wipro has expanded its alliance with Palo Alto Networks to deliver managed security and network transformation solutions. Paras Defence & Space Technologies has entered into an exclusive teaming agreement with ELDIS Pardubice, Czech Republic to provide turnkey anti-drone systems for civilian airports in India. Biocon divests over Rs. 1,220 crore stake in Syngene International in a bulk deal. Hatsun Agro: Sundaram MF bought 12 lakh and SBI MF bought 15.2 lakh shares in the company. Redington will be in action before the launch of the iPhone 14. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/UbZVZI_-NHI?feature=share 6 September 22 Indian Market may witness a flat to positive opening as indicated by SGX Nifty. Opening The Sensex was up 181.58 points or 0.31% at 59,427.56 and the Nifty was up 57 points or 0.32% at 17722.8 Stocks in Focus Delhivery: SBI mutual fund acquired more than 1.07 lakh equity shares in the company. Narayana Hrudayalaya has signed an agreement with shiva and shiva orthopedic hospital private limited. V- Mart Retail: Jwalamukhi investment has exited the company after selling 13,91,826 shares. Apollo Micro System: Jupiter India Fund sold 2,45,463 equity shares in the company. Dreamfolks: DreamFolks services will make their grand debut in the market today. NTPC: The company has acquired 600 MW Jhabua Power for Rs. 925 crore Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/pmXdTBJ7F3Y 5 September 22 India's stock benchmarks opened higher, aided by gains in metal, telecom, consumer durables, power, industrials stocks. Opening The sensex was up 270 points or 0.5% at 59,078 and the Nifty was up 50 points or 0.5% at 17690.35 Stocks in Focus Wipro: The company has partnered with Cisco to accelerate cloud transformation for customers. JSW Steel: Life Insurance Corporation increased its stake in the company from 5% to 7.01%. GMR Infrastructure: The company approved raising of funds of up to Rs 6000 crore Hindalco: Aluminium buyer Novelis excludes Russian metal in Supply deal. JSW Steel: LIC's holding in JSW Steel has risen to 7.01%. Vodafone Idea has prepaid a short term loan of around 2,700 crore. Tamilnad Mercantile Bank IPO will open today. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/k3w1pp65h3o?feature=share 2 September 22 Pre Opening Indian market are likely to open on a flat to positive note tracking weak global cues Opening The sensex was up points or 0.44% at 59026.95 and the Nifty was up 78.50 points or 0.45% at 17621.30 Stocks in Focus Eicher Motors : Royal enfield sold 70,112 units in august, registering a 53 percent growth. Aurbindo Pharma subsidiary CuraTeQ biologics has decided to expand its operations. The National Stock Exchange has included Adani Enterprises Ltd. in its Nifty 50 index, while removing Shree Cement Ltd. in the semi-annual rejig. Infosys: The company completed acquisition of Europe based consulting firm BASE life science. NTPC: The company is considering selling 20% stake of its clean energy unit. Birla Corporation has permanently closed the manufacturing establishment at its unit namely, Auto Trim Division, Gurgaon with effect from Sept. 1. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/oOK9Iv9n3I4?feature=share 1 September 22 Pre Opening Indian indices are expected to open in red on the back of weak global cues. Opening The sensex was down 707.39 points or 1.19% at 58829.68 and the Nifty was down 200.80 points or 1.13% at 17558.50 Stocks in Focus CCI's questioning on Sony and Zee Entertainment merger could delay regulatoary approval for the the deal. Tata Motors has bought 49% stake of Marcopolo S.A. in Tata Marcopolo Motors for Rs 99.96 crore. Sharp fall in crude oil prices may impact OMCs, Paint and Aviation companies. Govt hikes windfall profit tax on export of diesel, ATF. Biocon says US FDA issued 11 observations each for firm's two sites in Bengaluru. Ashok Leyland has received orders from major fleets for 1,400 school buses in the UAE, the company’s largest ever supply of school buses in this country. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/YAa2gsIvaC0?feature=share 30 August 22 Pre Opening Indian indices may witness a flat to positive opening today as SGX Nifty indicates an opening with gain. Opening The sensex was up 411.68 points or 0.71% at 58384.30 and the Nifty was up 134.90 points or 0.78% at 17447.80 Stocks in Focus Crude Oil prices edge on prospect of supply cut by OPEC+ countries. Adani Enterprises said that its arm VCPL has sought a clarification from the market regulator SEBI on the conversion of NDTV's warrants required for acquisition of stake. Zomato CEO Deepinder Goyal said he has no plan of moving away from day-to-day operations at the company and renaming of Zomato to 'Eternal' isn't in the pipeline yet. L&T Tech services wins 5 year deal from BMW Group in Infotainment domain. BPCL targets net zero, 10GW of renewable energy by 2040 Watch the Youtube video to know about Today's Stock Market opening highlights https://youtu.be/efR0lHLcFHk 29 August 22 Pre Opening The Indian equity market is likely to open on gap down today on the back of weak global cues. Opening The Sensex was down 1,210.62 points or 2.06% at 57623.25 and the Nifty was down 361.50 points or 2.06% at 17197.40 Stocks in Focus Reliance: Reliance Industries will hold its 45th Annual General Meeting today. Cipla: U.S. FDA made six observations on the Goa facility. The company is working with U.S. FDA to address the issues within the stipulated time. Syngene International: To buy up to 26% stake in O2 renewable energy II for Rs 3 crore. IRCTC has rolled back a tender which was published earlier to hire a consultant for monetising the passenger data. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/5fXqg5JXXoM?feature=share 26 August 22 Pre Opening Indian equity market are likely to open on a flat to positive note amid likewise indication from SGX nifty. Opening The sensex was up 445.29 points or 0.76% at 59220.01 and the Nifty was up 130.30 points or 0.74% at 17652.80 Stocks in Focus Nelco : Intelsat commercial aviation signs agreement with nelco to offer inflight connectivity in India's airspace. HDFC Bank: The bank entered into non-binding agreement with Go Digit to invest between Rs 49.9-69.9 crore worth equity capital. Eicher Motors: The chief financial officer of the company Kaleeswaran Arunachalam has resigned effective from September 2. Max Fiancial Services: Max pension fund management receives certificates for commencement of pension fund business from PFRDA. Indian Oil Corporation: The company plans to spend Rs 2 lakh crore to achieve carbon neutrality by 2046. Gland Pharma: The company received one observation on Form 483 from the U.S. FDA that conducted pre-market inspection at Dundigal Facility at Hyderabad Syrma SGS Technology to make market debut today. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/P-ngku9HGNw?feature=share 25 August 22 Pre Opening On the day of monthly expiry Indian equity markets are set to open on a positive note amid favorable global cues. Opening The Sensex was up 252.88 points or 0.43% at 59338.31, and the Nifty was up 69.90 points or 0.40% at 17674.90 Stocks in Focus Bharti Airtel - Signtel is about to sell a 3.3% stake in Bharti Airtel. NHPC and Rajasthan government to develop 10 GW ultra mega renewable energy power parks in Rajasthan. Wipro: Wipro appoints Wagner Jesus as country head for Brazil. PSP Projects: PSP Projects bags contracts worth Rs 247.35 crore from precast and government segments. Watch the Youtube video to know about Today's Stock Market opening highlights 24 August 22 Pre Opening Indian Indices are likely to open lower amid weak global cues. Opening The Sensex was down 16.32 points or 0.03% at 59014.98 and the Nifty was up 2.20 points or 0.01% at 17579.70 Stocks in Focus Adani Enterprises/NDTV: Adani media network, a subsidiary of Adani enterprises acquired an indirect stake in NDTV. Chennai Petro: The company approved the proposal of JV with Indian Oil and other seed quity investors for implementing refinery projects at Cauvery Basin. Nava: The company discontinued production of High Carbon Ferro Chrome in its Odisha Works for Tata Steel Mining company at the end of October 2022. KEI Industries: Rating agency ICRA has upgraded the long-term bank facilities ratings & reaffirmed the short-term bank facilities/ debt instruments ratings of the company. Maruti Suzuki to recall 166 Dzire tour S vehicles to replace the Airbag control unit. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/ukY_N6xLCsA?feature=share 23 August 22 Pre Opening Indices are likely to witness a negative opening amid weak global cues due to fears that the central bank will raise rates again. Opening The Sensex was down 361.86 points or 0.62% at 58412.01 and the Nifty was down 114.70 points or 0.66% at 17376 Stocks in Focus NTPC: Solar PV Project at Gandhar, Gujarat, is declared on Commercial Operation from Aug. 23. Infosys: Company cuts the variable payout of employees to about 70% for the June quarter amid margin squeeze and high employee costs. Lemon Tree: The company has signed a license agreement for a 65-room hotel at Hubli, Karnataka. The hotel is expected to be operational by May 2023. RBL Bank: The bank approved raising Rs 3,000 crore via debt securities on a private placement basis. Bank of Baroda: The bank approved raising Rs 2,500 crore via the bond. Zomato: Fidelity investment buys 40 cr shares. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/8OunPGhFmto?feature=share 22 August 22 Pre Opening Indices are expected to open lower amid weak global cues. Opening The Sensex was down 352.75 points or 0.59% at 59293.40 and the Nifty was down 114.30 points or 0.64% at 17644.20 Stocks in Focus Adani Power has agreed to acquire DB Power at Rs. 7,017 crores. JSW Steel has entered into a joint venture agreement with national steel holding for establishing scrap shedding facilities in India. Central Bank of India: The bank entered into a strategic co-lending partnership with lncred Financial Services to offer loans to MSME Borrowers. Vijay Shekhar Sharma to continue as Paytm's MD & CEO for the next 5 years. L&T to work across the green energy value chain; to pump in 2.5 billion dollars in 3-4 years. 19 August 22 Pre Opening According to worldwide patterns, pre-opening indices are projected to start off flat to down. Opening The Nifty was up 10.80 points or 0.06% at 17967.30, while the sensex was up 50.21 points or 0.08% at 60348.21. Stocks in Focus The government reduced the windfall tax on domestic crude production by 27%. Wipro: The business has been given a multi-year contract to provide HM Treasury with Service Integration and Management services. Adani Total Gas: The business decreased PNG and CNG prices by up to Rs 3.2 per SMC and Rs 4.7 per kg, respectively. Metropolis Healthcare: On November 30, Chief Executive Officer Vijender Singh would no longer be employed by the business. A Tata Power subsidiary raises $2 billion for renewable energy. Watch the Youtube video to know about Today's Stock Market opening highlights 18 August 22 Pre Opening Indian markets are expected to drift lower in early trades. Opening The sensex is down 189.02 points or 0.31% at 60070.11 and the Nifty is down 54.30 points or 0.30% at 17890 Stocks in Focus Sona BLW Precision forgings : A big block deal is possible today where blackstone might sell 10.87% stake. The deal would fetch blackstone Rs. 3,971.7 crore. ONGC : The company signed deal with ExxonMobil for deep water exploration. Natco Pharma received approval from US FDA for generic version of Yodelis for the 1mg/vial presentation. Reliance Industries: Jio adds net 4.22 million mobile subscribers in June Bharti Airtel: Adds net 7,93,132 mobile subscribers in June Vodafone Idea: Loses net 1.8 million mobile subscribers in June: TRAI GAIL India: Approves raising up to Rs 25,000 crore Watch the Youtube video to know about Today's Stock Market opening highlights  https://youtube.com/shorts/C5jOO6hMaFQ?feature=share 17 August 22 Pre Opening Indian markets are likely to open on a positive note today amid likewise trends in SGX Nifty and other global peers. Opening The sensex was up 64.90 points or 0.11% at 59907.11 and the Nifty was up 19.40 points or 0.11% at 17844.70 Stocks in Focus Real estate prices rise five percent during april june quarter among top 8 cities. Mahanagar Gas reduced prices of CNG by 6 rupees per kg, PNG by 4 rupees. Five investment bankers selected to manage the sale of the government's 29.53 per cent residual stake in Hindustan Zinc Ltd Bharat Gears board meeting is on 19 august for bonus shares. NTPC: State-owned power giant NTPC on Tuesday floated a tender to raise ₹5,000 crore term loan from financial institutions Bajaj Hindusthan Sugar: State Bank of India has initiated Insolvency Resolution Process of the company before the National Company Law Tribunal, Allahabad Bench. Watch the Youtube video to know about Today's Stock Market opening highlights  https://youtube.com/shorts/qq382Pxl3gQ?feature=share 16 August 22 Pre Opening Indian markets are likely to open on a positive note today tracking mixed global clues. Opening The Sensex was up 298.61 points or 0.50% at 59761.39 and the Nifty was up 76.60 points or 0.43% at 17774.80 Stocks in Focus Mahindra & Mahindra unveiled five new electric SUVs. Ambuja Cements: CCI approved Gautam Adani’s acquisition of Holcim Group’s stake in Ambuja Cements and ACC. HDFC/HDFC Bank: The merger between the two companies received the approval of CCI. LIC: Market share declined by two percent as per the recent quarterly results. ONGC reported a standalone profit of Rs 15,206 crore for the quarter ended June FY23 Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/g0rzEhgVthI?feature=share 11 August 22 Pre Opening SGX Nifty indicates a flat start for the indian indices . Opening The sensex was down 68.30 points or 0.12% at 59264.30 and the Nifty was down 19.20 points or 0.11% at 17639.80 Results today DIVISLAB, GRASIM, ONGC, HEROMOTOCORP, BHARAT DYNAMIC, HAL, INDIA CEMENT,DILIP BUIDCON, GODREJ INDUSTRIES Stocks in Focus LIC raised its stake in Voltas to 6.86% from 4.83%. Oil India Ltd reported a tripling of its net profit in the June quarter on record oil and gas price realisation Apollo Hospitals reported a 35.33% decline in consolidated net profit at ₹323.78 crore. Consolidated revenue from operations during the quarter stood at ₹3,795.6 crore as against ₹3,760.21 previously. Aurbindo Pharma net profit for the quarter was down by 32.4% to where revenue from operations were up by 9.4% Bata India on Thursday reported a 71.82% rise in consolidated net profit at ₹119.37 crore Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/fkMxG7nIwzE?feature=share 10 August 22 Pre Opening Indices are expected to open on a positive note today as suggested by trends on SGX Nifty. Opening The sensex was up 585.21 points or 0.99% at 59402.50 and the Nifty was up 161.40 points or 0.92% at 17696.20 Results today APOLLOHOSP, AUROPHARMA, BATAINDIA, BHARATFORGE, PAGEINDIA, BHARATFORGE, PAGEIND, TRENT Stocks in Focus Coal India's consolidated net profit shot up 178% to Rs 8,834 crore and sales were 39% higher at Rs. 32,498. IRCTC reported 198% jump in net profit at ₹245.52 crore for the quarter ending 30 June, 2022, revenue from operations soared 250.34% to ₹852.59 crore. InterGlobe Aviation: The civil aviation ministry on Wednesday said that limits imposed on domestic airfares will be removed from 31 August. Tata Consumer reported 38.2% rise in consolidated net profit at ₹276.72 crore for June quarter, revenue from operations was up 10.58% to ₹3,326.83 crore. Glenmark: Glenmark Pharmaceuticals on Wednesday reported a 31% decline in its consolidated net profit Eicher Motors: Eicher Motors on Wednesday reported over two-fold increase in consolidated net profit . Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/vDxTeAClMzY?feature=share 10 August 22 Pre Opening Indian indices are trading flat in the pre-opening session amid likewise trends in SGX Nifty and the global market before US Inflation data. Opening The Sensex was up 10.92 points or 0.02% at 58863.99 and the Nifty was up 7.90 points or 0.05% at 17533 Results today COAL INDIA, EICHER MOTORS, HINDALCO, TATA CONSUMER, IRCTC, OIL INDIA, ZYDUS LIFE Stocks in Focus Tata Chemicals Q1 net profit jumps 86% to RS 637 crore; revenue up 34% HDFC gets national housing bank nod for merger with a subsidiary bank Airtel to launch 5G services this month, cover every town by 2024: MD IHCL revenue jumps 264% YoY to Rs 1266 crore, PAT at Rs 181 crore. GAIL to double share capital; adds specialty chemicals, and clean energy to business. MRF reports a 30% drop in Q1 PAT on cost pressures. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/Mm6CpU35tr0?feature=share 8 August 22 [caption id="attachment_3638" align="aligncenter" width="1200"] Nykaa reported 42.24 percent YoY increase in profit at Rs. 5.01 crore[/caption] Pre Opening The Indian equity markets are likely to open in the red today with weakness in the global market. Opening The sensex was up 46.94 points or 0.08% at 58434.87 and  the Nifty was up 14.90 points or 0.09% at 17412.40. Results today ADANIPORTS, BHARTIARTL, POWERGRID, AUSMALL, CUB, GNFC, INDIANHOTEL, MOTHERSON, NALCO, TORRENT POWER, WHIRLPOOL Stocks in Focus SBI reported 6.7 percent YoY decline in profit at Rs 6,068 crore for Q1FY23. NII grew by 12.87 percent, but operating profit declined by 32.8 percent. BPCL posted a standalone loss of Rs. 6290.80 crore. HPCL posted a record loss of Rs. 10,197 crore. Paytm has posted consolidated loss of Rs 645.4 crore for the quarter ended june FY23, revenue from operations grew by 88.5 percent. Nykaa reported 42.24 percent YoY increase in profit at Rs. 5.01 crore. SJVN: The company has bagged a 200 MW solar project at Rs 2.90/unit on a build, own, and operate basis from the Maharashtra State Electricity Distribution Company. Indian Bank: The bank revised the repo benchmark rate for all loans from 4.9% to 5.4% and the repo benchmark lending rate from 7.7% to 8.2% Watch the Youtube video to know about Today's Stock Market opening highlights https://youtu.be/kauYxjxRsq4 5 August 22 Pre Opening The SGX Nifty indicates a positive opening for Indian indices ahead of the RBI's monetary policy outcome. Opening The sensex was up 137.02 points or 0.24% at 58435.82 and the Nifty was up 42.7 points or 0.25% at 17424.70. Results today M&M, TITAN, ABFRL, ALKEMLAB, NMDC, PETRONET PAYTM, NYKAA, MAPMYINDIA, Stocks in Focus Adani Enterprises revenue up 225% , EBITDA 119% & Margin at 4.3% Vs 6.3%. GSPL - Volumes lower on high spot LNG prices , margin beat on higher tariffs. LIC housing - Disbursements up 65.7% NII and profit higher than estimates. Berger paint's margin Up 140 bps YoY, Decorative volume growth at 35%. JSW Steel/TATA Steel: The Union government may reduce or eliminate the export duty on steel products amid falling prices and rising domestic supply. PTC India: PTC India Ltd on Thursday said it has entered into a pact with SJVN for the sale of electricity from two hydel power projects. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtu.be/FfNZHAOpzVw 4 August 22 Pre Opening The Indian market are expected to open in green today amid positive global cues and similar trend in SGX Nifty. Opening The sensex was up 334.22 points or 0.57% at 58684.75 and the Nifty was up 91.6 points or 053% at 17479.80. Results today BRITANNIA, ADANIENT, BALKRISIND, BALRAMCHIN, BERGERPAINT, BERGERPAINT, BHEL, CONCOR, DABUR, DALBHARAT, GAIL, GSPL, LICHSGFIN, MAMPPURAM, RECLTD. Stocks in Focus Vodafone idea posts Q1 loss of Rs. 7,296.7 crore where revenue growa 1.6% QoQ. InterGlobe Aviation narrows loss to Rs 1,064.3 crore in Q1. Revenue grows 327.5% to Rs. 12,855.3 crore. AU small finance bank launches qualified institutional placement issue. Bharti Airtel signed 5G network agreements with Eicsson, Nokia and Samsung. Deployment of 5G to Commence in august. Wipro extended its startegic alignment Nokia for digitization and automation of Nokia's operations. LIC enters into latest Fortune 500 list with ranking of 98th on the list Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/nI1dZLwfDRo?feature=share 3 August 22 Pre Opening Indian Indices may start flat amid likewise indication from SGX Nifty and growing tension between China-Taiwan. Opening The sensex was up 155.47 points or 0.27% at 58291.83 and the Nifty was up 35 points or 0.20% at 17380.50. Results today ABCAPITAL, BSOFT, CHAMBALFERT, FSL, GODREJCP, GUJRATGAS, INDIGO, LUPIN, PIIND, VODAFONE IDEA, ADANI POWER, ADANI TANSMISSION, AWL Stocks in Focus Reliance/ONGC/Oil India/HOEC - Goverment raised export duty on crude oil and cut export duty on diesel. ITC has exited the lifestyle retailing business after a strategic review of its business portfolio. Jubilant pharma - US FDA issued 6 osbervations for Jubilant pharmova. Aurbindo Pharma recieved form 483 with three observations from US FDA following inspection in its unit XI Zomato - Uber likely to sell 7.8% stke in zomato via mega block deal today. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtu.be/ngKMQD8AHsU 2 August 22 Pre Opening Today stock market in India is expected to open in the red as trends in the SGX nifty indicate a negative opening. Opening The sensex was down -102.19 points or -0.18% at 58013.01 and the Nifty was down -48.70 points or -0.28% at 17291.35. Results today BOSCHLTD, GODREJPROP, INDUSTOWER, SIEMENS, VOLTAS, ADANIGREEN, BANKINDIA, BRIGADE, JMFINANCIAL, JUBLPHARMA, SFL Stocks in Focus Reliance Industries - Reliance Jio was the biggest buyer in 5G Spectrum Auction concluded on Aug 1. Eicher Motors - Total sales of mtotorcycles in july rose 26% YoY TVS - Total sales of mtotorcycles in july rose 13% YoY Hero MotoCorp - Total sales in July fell 2% YoY to 445,580 units. Zomato reported loss at Rs. 186 crore in Q1FY23 which narrowed compared to loss of Rs. 360 crore in Q1FY22. company also planning for new management structure. ITC reported 38.3% YoY growth in standalone profit and revenue grew by 41.4% YoY. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/w1vILG3QATg?feature=share 1 August 22 [caption id="attachment_3593" align="aligncenter" width="800"] OpeningThe sensex was up 81.70 points or 0.14% at 57651.95 and the Nifty was up 29.70 points or 0.17% at 17188.[/caption] Pre Opening Indian equities are likely to see a positive start today. Opening The sensex was up 81.70 points or 0.14% at 57651.95 and the Nifty was up 29.70 points or 0.17% at 17188. Results today ITC, UPL, ESCORTS, MFSL, RAMCOCEM, ALKYL AMINE, BAJAJ CONSUMER, ZOMATO, RATEGAIN, BAJAJ CONSUMER, ARVIND Stocks in Focus Bank of Baroda reported a 79.4 percent YoY growth in standalone profit , Net Interest Income grew 12% YoY. IDFC First Bank recorded highest ever standalone profit of Rs. 474.33 crore. Yes Bank is going raise Rs. 8900 crore from PE investors The Carlyle group and Verventa holdings by selling 10% stake each. SBI signed an agreement for sale of entire 97,500 equity shares held in HDFC venture capital , to HDFC. Dr Reddy’s Laboratories has entered into a licensing agreement with Princeton based Slayback Pharma. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/hVlrmfoFbcU?feature=share 29 July 22 Pre Opening Indian indices may witness positive start today with strong global cues and SGX Nifty trading up 1.14% at 17,140. Opening Indian Equity market opend gap up today with Nifty above 17000. The sensex was up 508.65 point or 0.89% and Nifty was up 154.7 points or 0.91%. Results today ASHOKLEY, CHOLAMANDALAM, CIPLA, DLF, GMRINFRA, HDFC, IOC, NTPC, SUNPHARMA, PEL, RAIN, TORRENTPHARMA Stocks in Focus Dr Reddy's recorded a 108% YoY growth in consolidated profit at Rs. 1187 crore. Jubilant foodworks acquire 40% stake in roadcast tech solutions pvt ltd. TVS Motor reported profit at Rs 296.75 crore as against loss of Rs. 14.72 crore in same period last year. Chalet Hotels has received contract from Delhi International Airport Limited to develop a hotel at the T3 teminal of Indira Gandhi International Airport. SBI Life recorded 17.78% YoY growth in profit and net premium income grew by 32.76 % Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/XNMbtmXo6xc?feature=share 28 July 22 Pre Opening Global market and SGX Nifty are giving positive indication today after Fed raised interest rate by 75 basis points. Opening The sensex was up 519.99 points or 0.93% at 56336.31 and the Nifty was up 139.80 points or 0.84% at 16781.60. Results today BAJAJFINSERV, DRREDDY, NESTLE, SBILIFE, SHREECEMENT, INTELLECT, JUBILFOODS, LALPATHLABS, NAMINDIA, PNB,SBICARD, SRTTRANSPORT,TVSMOTOR, VEDL Stocks in Focus HDFC/HDFC Bank merger has been approved by SEBI. SpiceJet - DGCA restricted SpiceJet's capacity to 50% for next 8 weeks after findings of various spot checks, inspections and airline's reply to a show-cause notice issued by the regulator. Shopper’s Stop: The company approved investment of Rs 20 crore in its wholly owned subsidiary Global SS Beauty Brands Hindustan Aeronautics: The company has signed a contract worth $100 million with Honeywell Tata motors- the company posted a consolidated loss of Rs 5006.6 crore for Q1FY23. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/aK3gOmtsBq8?feature=share 27 July 22 Pre Opening Indian market are likely to struggle and correct in early trade, owning to overnight slump in US market and subsequent fall in SGX Nifty. Opening The Asian market followed Wall Street on Wednesday and started the day in the red. Results today TATAMOTORS, MARUTI, COLPAL, COROMANDEL, BIOCON, BAJAFINANCE, LAURUSLABS, DIXON Stocks in Focus Larsen & Toubro posted consolidated net profit growth of 45% and revenue growth of 22% in Q1FY23. Tata Power recorded 90% YoY growth in PAT for Q1FY23 Bharti Airtel, Reliance - 5G spectrum auctions see bids of Rs 1.45 Lk Cr on day 1 HDFC Life - to consider raising of funds via preferential issue on july 29. Zomato- Shares worth Rs 205 cr changed hands in last 2 days. Piramal Ent - RBI Nod to begin NBFC Biz without accepting public deposits. Wipro - 5 yr strategic engagement with Nokia to drive digital transformation. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/ikSqhWmNYOA 26 July 22 Pre Opening The market is expected to open on a cautious note as trends in the SGX Nifty and global market indicate a flat to negative opening. Opening The Sensex was down 88.19 points or 0.16% at 55678.03, and the Nifty was down 34 points or 0.20% at 16597. Results today ASIANPAINT, BAJAJ-AUTO, LT, TATAPOWER, MCDOWELL Stocks in Focus Tata Steel has reported nearly 13% YoY decline in consolidated profit but revenue increased by 18.6% YoY. Axis bank reported 91% growth in YoY profit but other income fell 11% Tech Mahindra - Constant currency revenue growth at 3.5% QoQ, but consolidated profit decline by 24.8%. Sonata Software - The board has approved a bonus issue of one equity for every three equity shares. Zomato slumps 11% as one year IPO lock in ends India's cement sector to add 80-100 mt capacity by FY25 : K M Birla Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/WSwSHviuFQw 25 July 22 Opening The benchmark indices opened in red over concerns of a global slowdown. The sensex was down 118.64 points or 0.21% at 55953.59 and the Nifty was down 29.60 points or 0.18% at 16689.90 Results today AXISBANK, TATASTEEL, TECHM, CANBK, IEX Stocks in Focus Tata Motors bags order of 1500 electric buses from delhi transport corp. Reliance Q1 net profit surges 46% YoY and revenue jumps 57% Infosys profit rises 3.2% YoY, missed estimates and revenue jumps 23.6% Big FMCG companies enter plant based meat segment, target non-veg consumers ICICI bank posts 50% frowth in profit at Rs 6,905 crore , Asset quality showed improvement. Kotak Mahindra bank - Company reports 26% YoY growth in Q1 profit. GAIL India to consider bonus issue on july 27. Bharat Electronics signs Rs. 250 Crore contract with Ministry of Defence. Granules India - USFDA issues 6 observations to granules pharmaceuticals facilty. Vodafone Idea to raise Rs. 436 Crore from promoter via issue of warrants. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/roMCe2IkILs 22 July 22 Pre Opening Indian Market is likely to see a positive start today thanks to favourable global cues. Opening Sensex was up 248.37 points or 0.45% at 55930.32 and Nifty was up 74.10 points or 0.45% at 16679.40 Results today Reliance, JSW Steel, Ultratech Cement, Atul, Crompton, HDFCAMC, Ugro Capital, ITL Infra, Seshasayee Paper, Huktamuki India, Wendt, Gokaldas Export, Tinplate, Meghmani Organics, Bandhan Bank, CG Consumer, Coforge, Greenpanel Industries Stocks in Focus Biocon: US health regulator has issued three observations after inspecting its Telangana-based manufacturing plant. JSW Energy recorded a 179 percent on increase in consolidated profit at Rs 560 crore for the quarter ended June 2022. Emami - The company acquired 30 percent stake in a pet care start up Cannis Lupus services India. ICICI Securities: ICICI Securities on Thursday reported a 12% decline in net income at ₹273 crore in the June quarter despite an increase in revenue during the same period. IDBI Bank: IDBI Bank on Thursday reported a 25% rise in its standalone profit after tax (PAT) to ₹756 crore in the quarter ended June Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/_BRdKAuJW10 20 July 22 Pre Opening Indian Indices are expected to open in the green as trends in SGX nifty and overall global cues are positive. Opening Sensex jumped 600 points at open, Nifty above 16500 Results today Wipro, IndusInd Bank, Gland Pharma, CEAT, Havells India, Tata Communications, Reliance Industrial Infrastructure, Mastek Stocks in Focus Government cuts windfall taxes on fuel exports as global prices fall. Vedanta approved a second interim dividend of Rs 19.5 per equity share. Grasim is planning for trading and marketing of building materials via B2B e-commerce. It approved the investment of Rs 2,000 crore over the next five years. Vodafone Idea will consider the issue of equity shares or warrants convertible up to 42.76 crore shares to the promoter entity on July 22. HUL announces Q1 Results, Profit jumps 11% YoY to Rs 2,289 crore and revenue rises 19.5%. ICICI Lombard Q1 Profit grows 80%. Krsnaa Diagnostics won a tender for the supply & maintenance CT scan center from Rajasthan government Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/ARzmavUv8CM?feature=share 19 July 22 Pre Opening In light of weak global cues and losses in other Asian markets, the Indian market is anticipated to open negatively. Opening The Sensex was down 180.14 points or 0.33% at 54341.01 and the Nifty was down 51.60 points or 0.32% at 16226.90. Results today HUL, ICICI Lombard General Insurance, Ambuja Cements, AU Small Finance Bank, HDFC Life, Stocks in Focus Govt releases list of pre qualified bidders for 5G spectrum auction. Reliance Jio deposits ₹14,000 cr as earnest money, Bharti Airtel deposits ₹5,500 cr., vodafoneidea deposits 2200 cr and Adani Ent. 100 cr. IndusInd Bank: The bank will raise Rs. 20,000 crore through debt. Mangalore Chemicals: The company has shut down its phosphatic fetilizer plant. Vedanta's second interim dividend decision to be taken today, record date next week Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/O769ExV4pk4 18 July 22 Indian Equity market open on a positive note. The sensex was up 446.07 points or 0.83% at 54206.85 and the Nifty was up 139.70 points or 0.87% at 16188.90. Results Today L&T Tech - Company reported revenue of Rs 1,873.7 crore Vs Rs 1,756.1 Crore and Net Profit of 274.2 crore Vs Rs 262 crore. HDFC Bank reported growth in Q1 rofit, NII grows 14.5% YoY. ICICI prudential life insurance company posts Q1 profit at Rs 155.7 crore. JSPL: Jindal steel & Power Q1 profit falls 23% to Rs 1,929 crore on lower operating income. Coforge - to consider proposal for an interim dividend on july 22. Sebi approves appointment of BSE's Ashish Chauhan as next CEO of NSE. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/ojHGv-Hs5PQ?feature=share 15 July 22 Pre Opening The global market and SGX Nifty indicate a flat opening for the Indian equity market. Opening Sensex - 53715.37 (0.56%) Nifty 50- 16035.20 (0.61%) Result Today FEDERAL BANK, LTTS, OBEROIREALTY, JSPL, ADITYABIRLAMONEY, DEN, JUSTDIAL, KESORAMIND, LLOYDS METALS Stocks in Focus LIC: The company's embedded value declined due to the falling market, but the value of new business has improved. LTI - L&T Infotech Q1 Results announced, Profit rises 28 percentage YoY to Rs 634 crore, more than expectations. Tata Elexi- Company reported 63 percent YoY growth in profit and revenue from operations increased by 30 percent. ACC: The company reported a 60% decline in its profit. Revenue increased by 15 percent. ONGC/HOEC/Oil India - Goverment likely to consider lowering windfall tax on petrol, diesel today. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/YgLv3tBjbGg 14 July 22 Pre Opening Due to weak global cues and an unexpectedly high inflation report in the US, Indian equity markets are probably going to start the day on a down note. Opening Sensex - 53696.10 (0.34%) Nifty 50- 16025.15 (0.37%) Result Today ACC, LTI, ANGELONE, BUTTERFLY, TATASTLLP, TATAELEXSI, SHAKTIPUMPS Stocks in Focus Mindtree - IT company announced its result and reported 37.3% YoY growth in Q1FY23 profit and revenue increased by 36.2 percent. Hindustan Zinc's board has approved an interim dividend of Rs. 21 per share. Tata Power- The company will set up a 600 MW hybrid power project for SECI in Karnataka. Tata Metaliks - Company recorded 98.7% YoY decline in Profit  but revenue grew by 10.5 percent. Infosys signed a definitive agreement to acquire Denmark-based BASE life science. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/WBAPkLO4zqs?feature=share 13 July 22 Pre Opening The increase in the SGX Nifty and positive global cues would likely give the Indian market confidence, causing it to open on a bullish note. Opening Sensex - 54116.15 (0.43%) Nifty 50-16122.25 (0.40%) Stocks in Focus HCL Tech-Q1 results announced where profit falls 8.6%. The company also declared an interim dividend of Rs. 10 per share. Delta Corp - The company posts a profit of Rs 57.13 crore. In the first quarter, Sterling and Wilson renewable energy reported a loss of 354 crore. Shilpa Medicare- Company's Bengaluru unit gets UK GMP certificate. Focus is on energy companies Reliance, BPCL, HPCL, ONGC, and Oil India as oil prices drop to a three-month low. Max Ventures & Industries has received a no objection letter from the stock exchange for its merger with Max Estates. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/XHGC740mF4s?feature=share 12 July 22 Pre Opening The global equity markets fell after the US inflation report and fresh COVID-19 restrictions in China. SGX Nifty also indicates a lower start to the Indian stock market. Opening Sensex - 54108.09 (-0.53%) Nifty 50-16119 (-0.60%) Results Today: HCL Technologies, Sterling and Wilson Renewable Energy, National Standard (India), Delta Corp, Anand Rathi Wealth Stocks in Focus Delta Corp & Nazara Tech- Group of Ministry will meet today to discuss tax and other norms for casino and online gaming. Cenury textile, Gokaldas exp - Global apparel brands are asking for a heavy discount on garments as cotton prices decline. Kalyan Jewelers-Company is planning to open 10 new stores. HFCL: The company received an order from a domestic telecom company Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/9hIpElH_EWo 11 July 22 Pre Opening Indian indices might witness a gap-down opening amid mixed signals from the global market as well as SGX Nifty. Opening Sensex - 54213.42 (-0.49%) Nifty 50 - 16138.25 (0.51%) Stocks In Focus TCS- Company released its Q1 FY23 financial results. Profit increased by 5% YoY while revenue increased by 16.7% YoY. Avenue Supermarts (DMART) Q1 Results: Net profit jumps six folds to Rs 680 crore. Adani Group will take part in the 5 spectrum auction, but there are no plans to enter the consumer goods industry. Hindustan Aeronautics and Safran signed a deal for Helicopter's engine. From July 9, Tata Motors increased the cost of their automobiles by 0.55 per cent. HDFC/HDFC Bank: The company gained authorization from the Pension Fund Regulatory and Development Authority for the HDFC/HDFC Bank. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/rnCyLdS0MS0 8 July 22 Pre Opening Indian equities are expected to open higher today on the back of strong global cues and positive movement on the SGX Nifty. Opening Sensex - 54542.46 (0.67%) Nifty 50 - 16246.95 (0.71%) Stocks in Focus TCS: The first earning season of FY23 is all set to begin with the Q1 result announcement of TCS today. M&M : company signed a deal with BII where later will invest 1925 cr in M&M's EV business. Oberoi Realty's Q1 update is slightly weak, with booking value dropping by 21%. Hindustan Zinc: The government invites bids for stake sales in the company. Tata Motors: JLR sales volumes drop by 37% year on year basis. Alkem Labs - The US FDA conducted an inspection at the company's manufacturing plant in Indore and found one observation there. Vedanta - The company is going to acquire Athena Chattisgarh Power, a 1200 MW coal-based power plant. Watch the Youtube video to know about Today's Stock Market opening highlights  https://youtube.com/shorts/46cggTwVfPM?feature=share 7 July 22 Pre Opening The Indian market may open positive today after yesterday's gain and strong global cues along with like-wise indication from SGX Nifty. Opening Sensex-54191.12 (0.82%) Nifty 50 - 16123.95 (0.84%) Stocks in Focus Titan - The first quarter update is showing strong growth. Reliance Industries - Company signed a deal with American brand GAP, Reliance Retail will be official retailer of this brand. TVS is going to launch a new bike, TVS Ronnin, the industry's first modern retro bike. PVR: To open a 4-screen multiplex at the Odeon Mall in Ghatkopar, Mumbai. Nykaa to expands into Men's Innerwear & athleisure category with GLOOT. Ruchi soya, Adani Wilmar - Edible oil companies may cut prices by Rs. 8–10/litre. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/363FN-09OM8?feature=share 6 July 22 Indian markets opened flat to positive after strong global cues and a subsequent uptick in SGX nifty. Opening Sensex -53425.88 (0.55%) Nifty 50 - 15879.05 (0.43%) Stocks In Focus According to the Q1FY23 update, Marico's business volumes have decreased. With a 60% increase, Bajaj Finance added 27 lakh new customers. ICICI Prudential Life sold up to a 2% shareholding in Westlife Development. Paint & Aviation Stock may react amid cool off in crude oil prices. According to NLC, it plans to increase its thermal capacity to 11800 MW by 2030. The approval of the long-awaited amendment to the Railway Land Policy by the Cabinet would facilitate Container Corporation of India's strategic divestment process (Concor) Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/LfRAQQjsZPE?feature=share 5 July 22 Indices may begin on a positive note, reflecting the upward bias seen in the SGX Nifty. Markets are also likely to take cues from global markets, which are currently performing well. Opening Sensex - 53523.44 (0.54%) Nifty 50 - 15924.35 (0.56%) Stock In Focus Jubilant Foods, Devyani International, Barbeque Nation, and other restaurant chains. The CCPA's new guidelines instruct restaurants and hotels not to charge customers for service. JSW Steel, SAIL. Steel companies lower the prices of their products Tata Steel. Neelachal Ispat Nigam has been finally acquired by Tata Steel Long Products. Marico has increased its stake in Apcos Naturals by 4.14 to 56.52%. During its AGM, Tata Motors announced its target to sell up to 1 lakh EVs by next year. The merger of HDFC and HDFC Bank has been approved by the RBI Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/8xiHkhCKJaw 4 July 22 The SGX nifty was signalling a flat opening, while the global indications were mixed, therefore the NSE Index opened down 0.26 per cent in pre-open trade. Stocks In Focus HDFC Bank and HDFC got approval from stock exchanges for their merger. CSB Bank's Q1 update showed loan growth. Avenue Supermart (Dmart) reported a 13.9% growth in revenue. Deepak Nitrite The Gujarat pollution control board has allowed the company to operate a part of the Nandeswari plant. Hero MotoCorp, Company's sales rose 3.34% YoY unites in June. TVS Motor, company registered a growth of 22% in June. M & M, The company sold 54,096 vehicles in June. Car sales grew 59% Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/wUcsX1cN2wE?feature=share 1 July 22 On the first day of this July session, global cues were bearish and SGX nifty was also under pressure. Opening Sensex:   52645.41 (-0.70%) Nifty 50:  15659.60 (-0.76%) Stocks in Focus Reliance Brand is going to enter the food and beverage segment through this deal with Pret A Manger, a popular coffee chain in Britain. Reliance will bring the services of this coffee brand to India. Bharti Airtel bought an additional 2.06% stake in Indus Tower. The REC board of directors approved the issuance of a 3:1 bonus share.. Hindustan Copper's Board approved a 500 crore fundraising through QIP. Lupin has received US FDA approval for Paliperidone Extended-Release Tablets. An arbitration tribunal has allowed Hero Motocorp to use the 'Hero' trademark for selling its electric vehicles. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/mqFgDAZbc_8?feature=share 30 June 22 Despite bearish global cues and pressure on the SGX Nifty on the day of the monthly expiry, Indian indices still managed to open in the green. Stocks in Focus SEBI permitted FPIs to invest in exchange-traded commodity derivatives, which can increase trade volume on MCX. Minda Industries bought a 5.24% stake in Germany-based Friwo. Bicon has acquired a 26 per cent stake in AMPYR. PVR released its annual report. The company will restart its CAPEX recycle plan. Hindustan Copper will have a board meeting today to raise funds through QIP. Federal Bank is also holding a board meeting today. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/yNWp4gtW4_Q 28 June 22 Nifty trading below 15,750 Indian benchmark indices opened on a negative note followed by the flat to negative global cues where Nifty 50 opened with a drop of 74.6 points and Sensex with 315.02 points as the market breadth is turning negative. In today's trading session, auto stocks and oil and gas stocks are bursting out where M&M is hitting its new high's and the weakness is seen in banking stocks. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/0wAvfEpIFcc 27 June 22 On the back of positive global cues, Indian stock markets are expected to open sharply higher today. Stocks in Focus Dr. Reddy has settled its suboxone drug patent dispute with Indiviour. The company has also acquired a portfolio of branded and generic injectable products from Eton Pharma in the United States. Zomato's board of directors has approved the acquisition of Blinkit for Rs. 4,447 crores. Bajaj Auto is holding a board meeting today to discuss share buyback. The Federal Reserve Bank will consider raising capital. The board will meet on June 30. L & T Finance Holdings has received an NBFC registration certificate from the RBI. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtu.be/9r4ZUdwnTnc 24 June 22 The Indian indices are off to a strong start, led by the SGX Nifty. The Sensex opened 500 points higher, while the Nifty 50 gained over 100 points. Stocks in Focus Following Accenture's positive third-quarter results, the Indian IT sector will be in the spotlight today. From July 1, Hero Motocorp will raise the prices of its scooters and motorcycles by up to Rs. 3000. Hindalco and Hindustan Copper will react as copper falls 5% on the LME to a 16-month low. Zomato has a board meeting today regarding the Blinkit acquisition. HCL Tech has announced the establishment of a new delivery facility in Vancouver, Canada. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/KpPLluoEdTo 23 June 22 Early global market trends were pointing to a positive start for Indian indices. Later, the Sensex and Nifty 50 opened in the green, but with a small gain. Stocks in Focus Vodafone Idea's board of directors approved a preference issue to raise Rs. 436.21 crore. The company will issue warrants at a price of Rs. 10.20 per share. Bajaj Auto will consider share buyback proposal in its next board meet on june 27. IRB Infra has received a Rs. 308 crore arbitral award from NHAI. Quess Corp will merge with Allsec Technologies in an all stock deal. Glenmark Pharma's Baddi plant has received six objections from the US FDA after its inspection. NTPC said it may have to add more capacity to meet surging power demand in the country. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/j6E0BVFRq8g?feature=share 22 June 22 The Indian stock market opened in the red, where the Sensex declined by more than 400 points and the Nifty 50 fell by more than 100 points. Stocks In Focus Jain Irrigation has agreed to merge its international business with Rivulius Pte. HDFC Bank has announced that it will open more than 2000 new branches by March 2023. Dr. Reddy Pvt. Ltd. stated that they have 195 products in the pipeline in North America as part of their long-term growth strategy. Vodafone Idea is planning to raise funds through convertible debentures. Hero Motocorp is planning to launch new products in Europe to strengthen its market Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/OtSBYWVwU0I 21 June 22 Indian indices rose in response to a positive trend in the SGX Nifty and the global market. Sensex - 0.73%, Nifty 50 - 0.73%. Stocks in Focus The government has extended the telecom equipment PLI scheme for a year. Stocks like Dixon Tech, Sterlite, and ITI will be in focus. LIC housing finance raised home loan rates by 60 basis points. Fineotex will have a board meeting on June 24th for fundraising. Morgan Stanley sold 13 lakh shares of happiest mind while plutus wealth bought 19 lakh shares of the same. Suven Lifesciences will consider raising funds via a rights issue on June 24. Today the world is celebrating the 8th International Yoga Day on the theme of Yoga for Humanity. The best investment you can ever make is in your own health but if you also want to invest in stocks you just need to contact us Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/RmsybEPpA-s 20 June 22 The global cues were mixed, with the SGX Nifty indicating flat opening. Stocks in Focus Aurobindo Pharma acquired a 51% stake in GIS Pharma. Cipla acquires a 21.05 per cent stake in Achira Labs for Rs 25 crore. Dilip Buildcon submitted the lowest bid for the Gujarat Metro project. NTPC has begun the fourth stage of the Fatehpur solar PV project. Oil exploration companies such as Oil India, ONGC, and HPCL may be under focus today. Adani Wilmar has reduced the price of edible oil by at least Rs 10 per litre. Delhivery has introduced "guaranteed same-day delivery" in 15 cities Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/22z8SWDf9_s 17 June 22 On the back of weak global cues, Indian indices open in the red, with the sensex falling and the nifty opening below 15,300. Stocks in Focus Bajaj Auto: The next board meeting will be on June 27th to discuss the buyback. RBI lifted ban from mastercard asia , stocks like HDFC Bank and SBI card will react. Indigo requested the government to consider ATF under GST. RITES bags order from container corporation of India for Rs.364.56 cr. IOC, BPCL, and HPCL will be in focus as the government clarified that there is no shortage of diesel. According to TRAI monthly subscriber data, Jio added 16.8 lakh subscribers in April, Airtel added 8.1 lakh subscribers while Vodafone Idea lost 15.7 lakh users. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/O_T45LokBWk?feature=share 16 June 22 Today, before our weekly expiry, the Fed boosted its rates by 75 basis points. As this announcement was as per market expectations, global markets are reacting positively and the SGX nifty is also giving positive indications. Stocks in Focus In this environment, when everyone is boosting rates, SBI has followed suit and increased the cost of its home loans by 50 basis points. Tata Steel's subsidiary is going to buy share in Rohit Ferro Tech. ONGC received a favourable upgrade from FITCH. JIO-BP will provide EV mobility services to food delivery company Zomato Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/n7U9tVsfXvk 15 June 22 Global cues were mixed as investors awaited the US Fed's policy announcement. SGX nifty is giving indications of a flat opening. Stocks In Focus -LIC increased its stake in Hero MotoCorp and HUL -SBI has raised MCLR-based lending rates across tenors by 20 basis points. -Biocon CCI (Competition commission of India ) has approved Viatris-Biocon Biologics Deals. -Cipla has launched an HIV drug for children in South Africa. -Bajaj Auto's Shekhar Bajaj has resigned as the non executive director of the company. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/_Qj2IbEVKSo 14 June 22 Global markets are down for the second day in a row as investors await the Fed's rate hike announcement to combat inflation. The SGX nifty is also under pressure. Bajaj Auto: The company has a board meeting for a buyback after 22 years. The last buyback was in the year 2000. Metropolis-Company clarifies that the promoters have no plans to exit, but the company is constantly exploring strategic options. Zydus Life-Company Offers to Buy Back Shares for Rs. 750 Cr. Zomato: The Ministry of Consumer Affairs met with Swiggy and Zomato and raised concerns about packaging and delivery. Reliance Industries - Wins IPL cricket streaming rights in bidding. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/da6eiHbh16U?feature=share 13 June 22 Global markets fell as American inflation reached a 40-year high. The SGX Nifty is also indicating a significant 300-point gap down opening. IDBI Bank Divestment: The government may request expressions of interest in July. There will be an offer for sale in Hindustan Zinc soon. The LIC stock will react as the anchor lock in period ends today. Strides Pharma recalled approximately 6 lakh bottles of blood pressure medication due to a manufacturing flaw. HDFC Bank will have a board meeting on July 16th to discuss dividends and auditors. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/jV0m9CO1Jvw 10 June Today, on the week's final trading day, global cues are bearish, and the SGX nifty is also indicating a gap down opening. Stocks in Focus Bajaj Auto's buyback plan will be discussed at the company's next board meeting on June 14. Reliance Industries- Jio-BP has signed an agreement with OMAXE for EV Charging Infrastructure. IIFL- ADIA (Abu Dhabi Investment Authority) bought a 20% shareholding in IIFL Finance. Rates have been raised by HDFC, Kotak Mahindra Bank, and many PSU banks. Aurbindo Pharma will resolve its patent dispute with Teva Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/A6_DZ3TnsX8?feature=share 9 June Global indications are slightly bearish, with the SGX Nifty indicating a gap-down opening. Stock in Focus Banks have begun to raise their rates as a result of the RBI's repo rate hike. PNB raised its liquid lending rate, and the Bank of India has also increased its rates. Tatapower's subsidiary started its solar plant of 450 MW capacity. Wipro and servicenow received an order from Petrobras. IOC signed a long-term supply agreement with Air Products. A fundraising board meeting for Crompton Consumer will be held on June 13th. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/94gU9jxZ8BY 8 June The Indian indices are off to a good start ahead of the Reserve Bank of India's credit policy announcement today, global indications were also favourable. PNB Housing Finance - company is planning to raise fund of Rs 2,000 cr, Board meeting for same will be on june 14. RITES - Company signed a MoU with company of Senegal on technical cooperation in Railway sector. Hindustan Copper has resumed operations at its mine in Jharkhand.. Infosys - Income Tax portal faces glitch, Asks Infosys to fix this. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/Cp8Yd__XKqM 7 June Indian market is giving negative start today as global indication are negative, and the SGX Nifty is also under pressure. -Circuit filter has been changed for 16 listed shares, where circuit for Adani Transmission, East Trip and PTC industries is now updated to 10%. - Defence Ministry approves military moderniszation projects of Rs 76,000 cr., BEML, BEL, Bharat Dynamics and other defence stocks may react. -SBI card got approval from bank to raise Rs 2500 cr fund through debentures. -Early Trade Top Gainer - ONGC (2.6%) Top Loser - Titan (-4.47%) Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/IL-OYQ2XOgk 6 June Today's global cues are slightly bearish, and the SGX Nifty is under pressure as well. Today's market will be focused on stocks such as Gujarat Gas, which has reduced its industrial segment gas pricing by Rs. 5, and NMDC, which has reduced fines and lumps prices by Rs. 1100/tonne. Adani Transmission will acquire Essars' Mahan-Sipat transmission project. Following a fire incident last week, Deepak Nitrite has decided to close its Vadodara plant. The Ujjivan Small Finance Bank's board meeting will be on June 8 for raising funds. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtube.com/shorts/bGd2BQdz9QU 3 June Global cues are looking cheerful as the US market rallied overnight and Asian markets are showing follow through. SGX Nifty is indicating a big gap up opening of 175 points. If we talk about stocks then Ultratech and other cement stocks should be in focus after the announcement of capacity expansion by Ultratech Cement. There was a massive explosion at one of the plants of Deepak Nitrite therefore it will be on the radar. Aether Industries will list today and there is an expectation of a decent listing. Watch the Youtube video to know about Today's Stock Market opening highlights:https://youtu.be/MKDUDMNPvX4 2 June Global cues are slightly negative and SGX Nifty is suggesting a gap down opening of 90 points however sharp fall in crude oil prices can provide support to Indian markets. If we talk about stocks in focus then metal stocks should be on your radar as China announces an economic stimulus package. Religare enterprises will be in focus after it has done a one-time settlement with some of their lenders. Greaves cotton should be on your radar after greaves electric mobility partners with Abdul Latif Jameel. The monthly sales numbers of Heromotocorp are below estimates while Royal Enfield's sales are better than expectations. Oil and Gas related stocks will be in focus ahead of OPEC meeting today. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtu.be/5aXGy2WMiQk 1 June Global indications are mixed today while SGX NIFTY indicates a negative opening for our market. Maruti, M & M, Ashok Leyland, and other auto stocks will be in focus as auto sales numbers for May will be announced today. Voda-Idea will be on the radar as it disputed media allegations that Vodafone Idea is in talks with Amazon and other investors to fund Rs 20,000 crore. Bata India will be another significant focus for today as there will be a mega block deal for 36 lakh shares to raise about 630 crores. Bharat Dynamics received a major contract from the Ministry of Defense to develop equipment for the Indian Air Force and Indian Navy. These are today's stocks in focus. Watch the Youtube video to know about Today's Stock Market opening highlights https://youtu.be/dXOk1os860I

The Indian tax system underwent a major overhaul with the introduction of the new tax regime. The new tax regime offers lower tax rates but limits the number of deductions and exemptions available to taxpayers. While the old tax regime continues to exist, taxpayers have the option to choose between the two regimes. We will discuss the differences between the old tax regime and the new tax regime, and which one is better based on your income level and tax-saving investments. Old Tax Regime The old tax regime is the traditional tax system that has been in place for many years. Under the old tax regime, taxpayers are allowed to claim various deductions and exemptions to reduce their taxable income. Some of the popular deductions and exemptions under the old tax regime include: Standard Deduction: A standard deduction of Rs. 50,000 is allowed for salaried individuals. People whose gross salary income is up to INR 5.5 lakh would have no tax liability. Rebate u/s 87A was ₹12,500 Deduction under Section 80C: This deduction allows taxpayers to claim up to Rs. 1.5 lakh for investments in specified instruments such as Public Provident Fund (PPF), National Pension System (NPS), and Equity-Linked Savings Scheme (ELSS). Deduction under Section 80D: This deduction allows taxpayers to claim a deduction of up to Rs. 25,000 for medical insurance premiums paid for themselves, spouse, and dependent children. An additional deduction of up to Rs. 50,000 is allowed for senior citizens. Deduction under Section 80E: This deduction allows taxpayers to claim a deduction for the interest paid on education loans. Deduction under Section 80TTA: This deduction allows taxpayers to claim a deduction of up to Rs. 10,000 for interest earned on savings accounts. Deduction under Section 80G: This deduction allows taxpayers to claim a deduction for donations made to specified charitable institutions. New Tax Regime The new tax regime was introduced in the 2023 Union Budget with the aim of simplifying the tax system and offering lower tax rates to taxpayers. Under the new tax regime, taxpayers are not allowed to claim most deductions and exemptions available under the old tax regime. However, the tax rates under the new tax regime are lower than the old tax regime. The tax rates under the new tax regime are as follows: The income tax rebate limit has been increased from INR 5 lakh to INR 7 lakh per annum for resident individuals. The Standard deduction of INR 50,000 has also been included in the new tax regime as well. People whose gross salary income is up to INR 7.5 lakh would have no tax liability. Rebate u/s 87A would be ₹25,000 Taxpayers who choose the new tax regime will not be allowed to claim deductions such as, deductions under Section 80C, deductions under Section 80D, deductions under Section 80E, deductions under Section 80TTA, and deductions under Section 80G. However, they will be allowed to claim deductions for contributions made to the National Pension System (NPS) and the Atal Pension Yojana (APY). Which Tax Regime is Better? Annual Income Income tax old slab regime Income Tax new slab regime (AY 23-24) Upto Rs.2.5 lakh Nil Nil 2.5 lakh-5 lakh 5% 5% Rs.5 lakh-7.5 lakh 20% 10% Rs.7.5 lakh-10 lakh 20% 15% Rs.10 lakh-12.5 lakh 30% 20% Rs.12.5 lakh -15 lakh 30% 25% Rs.15 lakh & above 30% 30%   Income Range Rates as per New Tax Regime (AY 2024-25 onwards) Up to INR 3,00,000 Nil INR 3,00,001 – 6,00,000 5% INR 6,00,001 – 9,00,000 10% INR 9,00,001 – 12,00,000 15% INR 12,00,001 – 15,00,000 20% Above INR 15,00,000 30% The choice between the old tax regime and the new tax regime will depend on various factors such as income level, tax-saving investments, and deductions and exemptions available to taxpayers. For taxpayers with a lower income level and without any tax-saving investments, the new tax regime would be more beneficial as it offers lower tax rates. The old tax regime is the one that has been in place for many years and is the default option for most taxpayers. Under this regime, taxpayers can claim a variety of deductions and exemptions to reduce their taxable income. Some of the most popular deductions include those for investments in instruments such as Public Provident Fund (PPF), Equity Linked Saving Scheme (ELSS), and National Pension System (NPS). Taxpayers can also claim deductions for expenses such as home loan interest, medical expenses, and donations to charitable organizations. The new tax regime was introduced in the Budget Under this regime, taxpayers cannot claim deductions for investments or expenses, but the tax rates are lower than those in the old regime. For example, under the new regime, taxpayers with income up to Rs. 15 lakh are subject to a tax rate of 25%, whereas under the old regime, they would be subject to a tax rate of 30%. So, which regime is better? It depends on your individual financial situation. If you have a lot of investments and expenses that qualify for deductions and exemptions, the old regime may be better for you as it can help you reduce your taxable income and, therefore, your tax liability. On the other hand, if you don't have many investments or expenses that qualify for deductions, the new regime may be a better option as it offers lower tax rates. It's important to note that once you choose a tax regime for a financial year, you cannot switch to the other regime until the following financial year. So, make sure to carefully evaluate your options before making a decision. In conclusion, both the old and new tax regimes have their own advantages and disadvantages, and which one is better for you depends on your individual financial situation. If you're not sure which regime to choose, it may be a good idea to consult a tax professional who can help you make an informed decision.

The Production Linked Incentive (PLI) scheme is a government initiative aimed at increasing domestic manufacturing across various sectors of the economy. The scheme offers incentives to manufacturers who produce goods in India and meet specific criteria, including quality, innovation, and productivity. The PLI scheme is expected to boost the overall economy by promoting domestic manufacturing and reducing the country's dependence on imports. This blog will discuss the PLI scheme, its impact on the economy, and its gaps. What is the PLI Scheme? The PLI scheme was launched in March 2020 to encourage domestic manufacturing and increase India's share in global markets. The scheme offers financial incentives to eligible manufacturers who meet specific production targets. The incentives are linked to the incremental sales of goods manufactured in India, and they vary based on the sector and product category. The PLI scheme covers various sectors, including electronics, pharmaceuticals, automobiles, textiles, food processing, etc. The government has allocated a budget of Rs. 1.97 lakh crore for the scheme over a period of five years, starting from 2020-21. The scheme aims to create employment opportunities and increase the country's manufacturing capacity. Impact of PLI on the Overall Economy: The PLI scheme is expected to have a significant impact on the overall economy. It will promote domestic manufacturing and reduce India's dependence on imports. The scheme will also create employment opportunities and increase the country's manufacturing capacity, which will help in achieving the goal of making India self-reliant. The scheme is expected to attract foreign investments and improve the country's trade balance. The PLI scheme will also help in developing a robust ecosystem for manufacturing in India. The scheme will encourage innovation, improve quality standards, and increase productivity. The PLI scheme is expected to have a positive impact on various sectors of the economy. In the electronics sector, the scheme is expected to attract investments worth Rs. 11,000 crores and create employment opportunities for around 2.5 lakh people. In the pharmaceutical sector, the scheme is expected to attract investments worth Rs. 15,000 crores and create employment opportunities for around 20,000 people. Gaps in the PLI Scheme: Although the PLI scheme is expected to have a positive impact on the economy, it has certain gaps that need to be addressed. One of the major gaps in the scheme is its focus on large manufacturers. Small and medium-sized enterprises (SMEs) are left out of the scheme, and they are the ones who need support the most. Another gap in the PLI scheme is the lack of clarity regarding the eligibility criteria for incentives. The criteria are not clearly defined, which creates confusion among manufacturers. This lack of clarity may discourage manufacturers from participating in the scheme. There is also a lack of transparency in allocating incentives under the scheme. The criteria for allocation are not transparent, which may create opportunities for favoritism and corruption. Conclusion: The PLI scheme is a government initiative aimed at promoting domestic manufacturing and reducing India's dependence on imports. The scheme offers financial incentives to eligible manufacturers who meet specific production targets. The PLI scheme is expected to have a significant impact on the overall economy by creating employment opportunities, attracting foreign investments, and improving the country's trade balance. However, there are gaps in the scheme that need to be addressed, such as its focus on large manufacturers, lack of clarity regarding eligibility criteria, and lack of transparency in the allocation of incentives. If these gaps are addressed, the PLI scheme has the potential to contribute significantly to the country's economic growth and development.