10/5/2021
BSE:+295(49502)
NSE:+119(14942)
MID:+199(20807)
SML:+208(22426)
FII|FPI:+583Cr
DII:-476Cr
B.Crude: 69
Gold$:1840=INR:47995
Silver: 72323
$/Rs: 73.35
5.85 : 2030 G-Sec: 6.01
NSE PE: 30.43
Join @AlliesFin

Market Outlook :
(11 May 21)

US market 34 Points Down
Asian market Negative

SGX NIFTY 190 points Down

Trend on SGXNIFTY indicates a Deep Negative Opening for index.

Market view : @A1GuruKulam

Market would open Negative.

Market has failed to cross 33400 and 15000.

Now from today buy on dips avoid as market returns from falling trend line resistance.

New bull run restart again above 15000 and 33400 , till that market would be in sideway or downside.

Levels matters. Just check the levels and use it smartly with less risk and bigger rewards.

Nifty and Bank nifty would enter in negative zone once it close below 14550 and 31900 respectively.

Intraday level can help to take a trade in intra day set up.

Nifty : Sideway
Banknifty : Sideway

Nifty levels

Today's resistance
15000-15099-15135
Today's support
14800-14725-14645

Bank nifty levels

Today's resistance
33410-33640-33990
Today's support
33250-32930-32560

Market outlook view is just for educational purpose.

Disclaimer Note : all opinions views shared on any social media channels or digital platforms of A1Gurukulam are personal and are for educational and motivational purpose only. Trading and investing involves risk of capital so Kindly consult your financial planner or advisor before taking decision.
If you feel any content is improper or needs any change so kindly
Write us @A1GuruKulamteam
Join us on telegram @A1Gurukulam

Economic Times

Business Standard
Ø Crisil flags off downside risks to its FY'22 growth forecast after the second wave
Ø Government eases procurement norms, bank guarantees for oxygen, Covid-19 supplies
Ø Rupee levels too crucial for inflation management: Report
Ø Reliance, affiliates buy 3/4 of KG-D6 gas volumes
Ø Total vehicle registration in India slips 30 per cent to 1,52,71,519 units in 2020-21: FADA
Ø NITI Aayog calls for strengthening payment infrastructure
Ø Implementation of Labour Codes may be pushed to next year

Ø RBI modifies norms for undertaking govt business by private banks
Ø Relief to only postpone financial stress from India's Covid surge: Fitch
Ø PNB to raise equity capital from share sale; sets floor price at Rs 35.51
Ø Debt MFs see Rs 84,202-cr outflow in Q4 on redemption from liquid funds
Ø JPMorgan, Deutsche Bank among firms sued by 1MDB over $23-bn loss
Ø HDFC to sell 0.62% stake in HDFC ERGO for Rs 236 cr
Business Line

Mint
Ø Approval for Vivimed to manufacture Favipiravir tablets
Ø Blackstone Real Estate acquires Embassy Industrial Parks in $700-m deal
Ø BharatPe raises ₹50 crore in debt from Northern Arc Capital
Ø India Inc’s overseas borrowing touches $9.23 billion, a two year high in March
Ø ‘Steps taken to boost supply of Covid drugs across States/UTs’

Ø Oil gains after cyberattack forces shutdown of US fuel pipelines
Ø Economic activity down in April, May but shock less severe than 2020: Fitch
Ø Sebi’s skin-in-the-game directive could misfire
Ø JSW Hydro raises $750 mn in first offshore bond issuance
Ø Iron ore turns ‘very hot’ as 10% surge adds to commodities boom
Ø SBI Card raises ₹455 crore by issuing bonds
Financial Express

Business World
Ø RBI amends KYC norms to further leverage video-based customer identification process
Ø Outpouring of support from US for India, COVID-19 help touches USD half a billion
Ø Greenply Industries to set up Rs 75-cr plant in UP

Ø India's Sugar Exports On Good Course; Contracts Over 50 Lakh Tonnes So Far
Ø IndiGo Board Gives Green Signal to Raise Rs 3,000 Cr Via QIP
Ø RBI Appoints Jose J Kattoor As Executive Director

۞ A x i t D S h a h ۞
RIL had through the letter dated March 26, 2021, intimated that the first call of Rs 314.25 per partly paid-up equity share (including a premium of Rs 311.75 per share) would be payable on the shares from May 17, 2021 to May 31, 2021.

۞ A x i t D S h a h ۞
Trading of the Rs 2.50 partly paid-up equity shares of the company on the stock exchanges would be suspended with effect from May 11, 2021. The last date for trading of these partly paid-up shares will be May 10, 2021, the filing said. #reliance #alliesfin

received some queries for this.

*🔹Mkt. Updates :*

*SGX Nifty -175 pts (14817) from last trade 14992 ,*

Nikkei -666 pts ,
Hangseng -309 pts ,
Now @6.52am .

Dow -34.94 pts ,Nsdq -350.38 pts, S&P

-44.17 pts, Bovespa -129 pts , Ftse -6 pts , Dax +0.76 pts , Cac +0.48 pts , Crude @ $64.92 brl (+0.00), Brent @ $68.32 brl (+0.00) , Gold @ 1837.30 (-0.29), Silver @ $27.42 (-0.07), Euro @ $1.2138, JPY @ $108.83  INR @ 73.505


*🔹US GOVT. 10-YEAR YIELD : 1.59%*


*Today's Corporate Action, 11th May Ex Date :*

ALKYLAMINE

Stock  Split From Rs.5/- to Rs.2/-

LAURUSLABS

Interim Dividend - Rs. - 0.8000

MAYUKH

Stock  Split From Rs.10/- to Rs.5/-

PGHH

Special Dividend - Rs. - 150.0000

QUESS

Interim Dividend - Rs. - 7.0000


*Today's Key Results/Board Meetings, 11-May-21 :*

AARTIIND

Audited Results;Bonus issue;Final Dividend

ALEMBICLTD

Audited Results;Final Dividend

ANDHRAPAP

Audited Results;Final Dividend

BASF

Audited Results;Dividend

BLISSGVS

Audited Results;Final Dividend

CGPOWER

Preferential Issue of shares

DAVANGERE

General

DCAL

Audited Results

FSL

Audited Results

GODREJCP

Audited Results;Quarterly Results

GRANULES

Audited Results;Final Dividend

HUHTAMAKI

Quarterly Results

KALPATPOWR

Audited Results;Final Dividend;General

KEC

Audited Results;Final Dividend

LINDEINDIA

Quarterly Results

MAGADHSUGAR

Audited Results;Dividend

MAHEPC

A.G.M.;Audited Results;Dividend;Quarterly Results

MATRIMONY

Audited Results;Final Dividend

MDRNSTL

General

NEULANDLAB

Audited Results;Final Dividend

ORIENTABRA

Audited Results;Dividend;General

PBGLOBAL

General;Preferential Issue of shares

PERVASIVE

Audited Results

REMLIFE

Audited Results

SAVFI

Audited Results

SHREYANIND

Audited Results;Dividend

SIEMENS

Quarterly Results

SOLIDCO

Audited Results

SOMATEX

General

STOVACQ

Quarterly Results

TAINWALCHM

Audited Results

TRANSCOR

A.G.M.;Audited Results;General

ULTRACAB

Audited Results;Quarterly Results

WARDINMOBI

Audited Results;Final Dividend;General


*SEC. IN F&O BAN FOR, 11-May-21 :*

*1. NATIONALUM 2. PNB 3. SUNTV*


*Today's Alert :*

RBI to Conduct Auction of SDL BONDS for INR 121.5 Billion

*🔹Business Standard :*


Ø  Moody's cuts India's GDP growth forecast to 9.3 per cent from 13.7 per cent for fiscal 2021

Ø  Ambitious target of $400 bn exports can be achieved this year: Piyush Goyal

Ø  Jio pips Airtel in February user adds, Vi adds subs after 15 months: Trai

Ø  Microfiance sector seeks RBI's additional support to combat COVID-19 second wave

Ø  Tata Motors reviewing CCI order on probe against commercial vehicle business

Ø  Indian oil refiners cut processing, imports as pandemic reduces demand

Ø  Nomura cuts FY22 GDP growth estimate to 10.8% due to Covid lockdowns

Ø  Sebi plans to ease post-IPO lock-in for promoters, amend key definition

Ø  Analysts downgrade IndiGo as second Covid wave weakens outlook

Ø  Govt ready for another cut in import duty on steel to tame prices

Ø  Sebi makes dividend distribution policy must for top 1,000 listed cos

Ø  KFIN Tech buys 17% stake in Artivatic.ai, gets foot into insurtech space

Business Line

 

*Mint :*


Ø  JSW Hydro Energy raises $707 million via maiden green bond

Ø  India Inc records 161 deals in April

Ø  India’s renewables growth halved to 5.62 GW in 2020

Ø  Chola MS Insurance posts ₹374-crore PBT in FY21

Ø  NYSE-listed Startek prunes net loss to $12.2 million in first quarter

Ø  Granules India Q4 net up 38 per cent at ₹128 cr

Ø  Sebi proposes rationalising 'promoter group' definition'

Ø  Mahindra expects 15-20% fall in Q1 sales due to second covid wave

Ø  Blackstone-backed Sona BLW receives SEBI nod for Rs6,000 crore IPO

Ø  Cairn Energy says steps to realise arbitration award against India being taken

Ø  Mark Mobius says inflation threat won’t go away anytime soon

Ø  Jaypee Infra insolvency: NBCC submits revised bid

Financial Express

 

*Business World :*


Ø  India contracts for 56 lakh tonne sugar export; to conclude deals for rest 4 lakh tonne soon: AISTA

Ø  Groww to acquire Indiabulls MF for Rs 175 cr

Ø  JSW Steel’s crude steel output jumps to 13.71 LT in April

Ø  Ruchi Soya To Acquire Biscuits Biz From Patanjali Natural Biscuits For Rs 60cr

Ø  Rupee Pares Losses To Close Flat At 73.34 On Dollar Sale By Exporters

Ø  Gold Declines Rs 212; Silver Tumbles Rs 973

 

1 Big round of Profit booking seen in Markets ahead of holiday tomorrow.
sector rotation could b seen post holiday.
#alliesfin #stockmarkets

The Four Most Dangerous Words in Investing : " This Time It's Different "
#alliesfin #stockmarket #investing

*🔹MKT. UPDATES :*

*SGX Nifty -33 pts (14676) from WEDNESDAY'S last trade 14709 ,*

Nikkei +414 pts ,
Hangseng +154 pts ,
Now @6.52am .

Dow +433.79 pts ,Nsdq +93.31 pts, S&P

+49.46 pts, Bovespa +995 pts , Ftse -41 pts , Dax +49 pts , Cac +8 pts , Crude @ $63.84 brl (+0.02), Brent @ $67.05 brl (+0.00) , Gold @ 1825.60 (+1.70), Silver @ $27.145 (+0.08), Euro @ $1.2075, JPY @ $109.51  INR @ 73.445


*🔹US GOVT. 10-YEAR YIELD : 1.66%*


*Today's Corporate Action, 14th May Ex Date :*

NIL


*Today's Key Results/Board Meetings, 14-May-21 :*

ANUP

Audited Results;Final Dividend

ASTAR

Audited Results;Final Dividend

BALKRISIND

Audited Results;Final Dividend

BCPL

A.G.M.;Audited Results;Final Dividend;General;Quarterly Results

BHARATSE

Audited Results;Final Dividend

CHOLAHLDNG

Audited Results

CIPLA

Audited Results;Dividend;Quarterly Results

DECNGOLD

Audited Results

DRCSYSTEMS

Audited Results;General

DRREDDY

Audited Results;Final Dividend

ESCORTS

Audited Results;Final Dividend;General;Quarterly Results

GICRE

General

GOKEX

Audited Results

GREENPANEL

Audited Results

HIKLASS

Audited Results

HIL

Audited Results;Final Dividend

INDIGOPNTS

Audited Results;Quarterly Results

JSL

Audited Results

KARTKIN

Audited Results

KESORAMIND

Audited Results;General

LODHA

Audited Results;Quarterly Results

LT

Audited Results;Dividend

MENONBE

Audited Results

MINDSPACE

Audited Results;Interim Dividend

MONTECARLO

Audited Results;Dividend

OCTAL

Audited Results

ONWARDTEC

Audited Results;Final Dividend

PRIVISCL

Audited Results;Final Dividend

QGO

A.G.M.;Audited Results;General;Quarterly Results

ROSSARI

Audited Results;Final Dividend

SAGARSOFT

Audited Results;Dividend;Issue Of Warrants;Preferential Issue of shares;Quarterly Results

SAINTGOBAIN

Audited Results;Final Dividend

SKFINDIA

Audited Results;Dividend;Quarterly Results

SURBHIN

Quarterly Results

TEXINFRA

Audited Results;Dividend;General;Quarterly Results

TEXRAIL

Audited Results;Dividend;General;Quarterly Results

VIMTALABS

Audited Results;Dividend;Employees Stock Option Plan


*SEC. IN F&O BAN FOR, 14-May-21 :*

*1. BHEL 2. CADILAHC 3. CANBK 4. PNB 5. SUNTV*


*Today's Alert :*

RBI to Conduct Auction of GOI BONDS for INR 26 Billion

*🔹Business Standard :*


Ø RBI tells lenders to re-consider ties with crypto exchanges, traders

Ø Govt eases public procurement norms for Covid supplies

Ø Commerce Ministry seeks anti-dumping duty on certain rubber imported from 4 countries

Ø Tata Sons, Singapore Airlines invest Rs 465 crore in Vistara

Ø RBI cancels United Co-operative Bank's licence

Ø Auto retailers' lobby writes to FM, RBI governor to request loan moratorium

Ø India received $83 billion in remittances in 2020: World Bank report

Ø Torrent Pharma inks pact with Eli Lilly for Covid drug Baricitinib in India

Ø South Korea unveils $450 billion push for global chipmaking crown

Ø Musk decries bitcoin's 'insane' energy use after Tesla payment U-turn

Ø Vedanta swings into the black; posts Rs 6,531 cr profit in March quarter

Business Line



*Mint :*


Ø TRAI floats consultation paper on validity period of tariff offers

Ø Overall passenger traffic plunges 66% in FY21, AAI data shows

Ø CRISIL assigns A+/Stable rating to long-term credit facilities of Jindal Stainless

Ø PE/VC investments grow 6.5x to $7.5 billion in April over year-ago period

Ø Lupin Q4 net rises 18% at ₹460 cr

Ø Piramal Enterprises Q4 net loss narrowed to ₹510 crore

Ø BSE clocks Q4 net profit of ₹31.75 crore; revenue up 27 per cent

Ø Blue Dart forms Med-Express consortium to conduct experimental drone flights

Ø Bitcoin still struggling after Musk's Tesla U-turn

Ø Jack Ma’s Ant posted $3.4 billion profit after IPO halt

Ø CPPIB and SoftBank’s SB Energy deal called off

Financial Express



*Business World :*


Ø India’s prized ‘investment grade’ status hanging by a thread due to devastating COVID-19 crisis

Ø Jio tops in 4G download speed, Vodafone in upload in April: Trai

Ø FPIs' Investment In Domestic Equity Surges 7 Pc To USD 552 Bn In Mar Qtr

Ø Intense Bidding For KG-D6 Gas In E-Auction On DGH-Approved Platform

Results to be announced on 14th May
@AlliesFin
1. BCPL Railway
2. Welspun India
3. Greenpanel Industries
4. Jindal Stainless
5. Dr. Reddy's Laboratories Limited
6. Cipla
7. Escorts
8. Indigo Paints
9. TV Today Network Ltd
10. Aditya Birla Capital
11. Larsen & Toubro
12. Macrotech Developers
13. Balkrishna Industries
14. Cholamandalam Financial Holdings
15. Gokaldas Exports
16. Just Dial
17. Kesoram Industries
18. Oberoi Realty
19. Reliance Infrastructure
20. Rossari Biotech
21. SKF India
22. Vimta Labs

WeekEnd Read @AlliesFin

😀

A young man in his mid-twenties knocks on the door of a renowned Guru. He says: “I’ve come to you because I wish to study Vedas.”

“Do you know Sanskrit?” the Guru asks.

“No,” replies the young man.

“Have you studied any Indian philosophy?”

“No. But don’t worry. I just finished my doctoral dissertation at Harvard on logic. So now, I would just like to round up my education with a little study of the Vedas.”

“I doubt,” the Guru says, “that you are ready to study Vedas. It is the deepest knowledge ever known. If you wish, however, I am willing to examine you in logic, and if you pass that test I will teach you Vedas.”

The young man agrees.

Guru holds up two fingers. “Two men come down a chimney. One comes out with a clean face; the other comes out with a dirty face. Which one washes his face?”

The young man stares at the Guru. “Is that really a test in logic?”

The Guru nods.

”The one with the dirty face washes his face“- he answers confidently.

“Wrong. The one with the clean face washes his face. Examine the logic. The one with the dirty face looks at the one with the clean face and thinks his face is clean. The one with the clean face looks at the one with the dirty face and thinks his face is dirty. So, the one with the clean face washes his face.”

“Very clever,” the young man says. “Give me another test.”

The Guru again holds up two fingers. “Two men come down a chimney. One comes out with a clean face, the other comes out with a dirty face. Which one washes his face?”

“We have already established that. The one with the clean face washes his face.”

“Wrong. Each one washes his face. Examine the logic. The one with the dirty face looks at the one with the clean face and thinks his face is clean. The one with the clean face looks at the one with the dirty face and thinks his face is dirty. So, the one with the clean face washes his face. When the one with the dirty face sees the one with the clean face wash his face, he also washes his face. So, each one washes his face.”

“I didn’t think of that,” says the young man. It’s shocking to me that I could make an error in logic. Test me again.”

The Guru holds up two fingers. “Two men come down a chimney. One comes out with a clean face; the other comes out with a dirty face. Which one washes his face?”

“Each one washes his face.”

“Wrong. Neither one washes his face. Examine the logic. The one with the dirty face looks at the one with the clean face and thinks his face is clean. The one with the clean face looks at the one with the dirty face and thinks his face is dirty. But when the one with the clean face sees the one with the dirty face doesn’t wash his face, he also doesn’t wash his face. So, neither one washes his face.”

The young man is desperate. “I am qualified to study Vedas. Please give me one more test.”

He groans, though, when the Guru lifts two fingers. “Two men come down a chimney. One comes out with a clean face; the other comes out with a dirty face. Which one washes his face?”

“Neither one washes his face.”

“Wrong. Do you now see why logic is an insufficient basis for studying Vedas? Tell me, how is it possible for two men to come down the same chimney, and for one to come out with a clean face and the other with a dirty face? Don’t you see? The whole question is nonsense, foolishness, and if you spend your whole life trying to answer foolish questions, all your answers will be foolish, too.”

That's why having wisdom is more important than having logic.

And that's why we all need a 'Guru' to help us see what we don't see, hear what we don't hear, feel what .....

Have A Great Day...

#Corporate #Results
#alliesfin

     Results Monday – Bharti Airtel, Colgate, Federal Bank, Gland Pharma, GNFC, IndoCount, MRPL, Orient Cement, Shakti Pumps, Sun Pharma Advance and Wabco India

·         Results Tuesday – Aarti Industries, Abbott India, Bridage Enterprises, Canara Bank, century Enka, Glaxo Smithkline Pharma, Jindal Hisar, JSL Industries, Jyothi  Labs, Manppuram Finnace, Minda Corp, PI Industries, Route Mobile, Tata Motor, Torrent Pharma and Ujjivan Samll Finance

·         Results Wednesday – Endurance Tech, Heritage Food, Indiabull Housing, IOC, jk Tyre, Man Infra, Mas Financial, Prism Cement and SML Isuzu

·         Results Thursday – Bosch, Emkay Global, Havell’s India, HPCL, Jk Lakshmi Cement, KNR Construction, Torrent Power, Relaxo Foot Wear and Zee Entertainment

·         Results Friday – Birla Soft, CG Consumers, Container Corpoation, Dhanuka Agritech, Dr Lal Path Labs, Hindalco, SBI, Shoppers Stop, Shree Cement, South India Bank and United Spirits

·         Results Saturday – Amaraja Batteries, Amber Enterprises, Mangalam Cement, Sarda Energy

#vijaykedia on #stockmarkets direction @A1Gurukulam
Link to share https://t.me/A1GuruKulam/4661

with #brentoil around 70 & #wti around 67 oil and oil marketing cos in action like #ongc #oilindia #hpcl #bpcl & many more #alliesfin

18/5/2021
BSE:+612(50193)
NSE:+184(15108)
MID:+390(21232)
SML:+288(22847)
FII|FPI:+618Cr
DII:+449Cr
B.Crude: 69
Gold$:1871=INR:48428
Silver: 73915
$/Rs: 73.04
5.85 : 2030 G-Sec: 5.97
NSE PE: 30.53

Economic Times

 

Business Standard

Ø  Importers to make prior disclosure to customs to avail concessional duty on goods: CBIC

Ø  Real estate developers expect recovery in H2 2021

Ø  Indian firms show deteriorating business performance in Q4 of FY21: Report

Ø  CESL to procure 300 electric vehicles from Tata Motors

Ø  HC asks FRL to respond to Amazon's plea to enforce emergency arbitrator's award

Ø  BlackSoil Capital exits 15 investments with 18% returns in FY21

 

Ø  Govt to sell nearly 2% SUUTI stake in Axis Bank, may get Rs 3,969 cr

Ø  Tata Motors reports surprise loss of Rs 7,605 cr in Q4; revenue up 42%

Ø  Walmart beats Street estimates for sales on stimulus spending boost

Ø  Oil hits $70 for first time since March 15 as Europe, US re-open economies

Ø  CCI approves sale of YES Bank's MF subsidiaries to GPL Finance

Ø  Canara Bank reports Q4 profit at Rs 1,011 crore on lower provisioning

Business Line

 

Mint

Ø  Finance Ministry hopes pent-up demand to boost recovery this fiscal

Ø  AT&T to merge WarnerMedia and Discovery in $43-b deal

Ø  Gland Pharma Q4 net profit up 34% to ₹260 crore

Ø  Brigade Enterprises posts ₹19.58-cr Q4 profit

Ø  CCI approves APSEZ buying residual stake in Krishnapatnam Port

Ø  Torrent Pharma Q4 net up 3 per cent at ₹324 crore

 

Ø  Vijay Mallya loses bankruptcy petition amendment High Court battle in UK

Ø  Ujjivan Small Finance Bank Q4 net jumps 86% to ₹136 crore

Ø  Morgan Stanley sees Sensex at 61,000 by Dec, earnings to rise 37% in FY22

Ø  Infosys, Majesco collaborate to accelerate digital experience for insurers

Ø  China bans financial, payment institutions from cryptocurrency business

Financial Express

 

Business World

Ø  Indian IT & Business Services market grows 5.41% to $13.4 bn in 2020: IDC

Ø  Moglix joins unicorn club with fresh $120-million fundraise

 

Ø  Adar Poonawalla Exits Panacea Biotec; Sells Entire Stake For Rs 118 Crore

Ø  Sensex, Nifty Spurt To 2-Month Highs On Decline In Fresh COVID-19 Cases

Results on May 19
#alliesfin

Indian Oil Corporation, Indiabulls Housing Finance, Angel Fibers, Clariant Chemicals, Endurance Technologies, Gravita India, Heritage Foods, Indo Rama Synthetics, Ineos Styrolution India, JK Tyre & Industries, Kaya, Mangal Credit and Fincorp, Man Infraconstruction, MAS Financial Services, Morarjee Textiles, Niyogin Fintech, Prism Johnson, Rane Engine Valve, Redex Protech, RS Software India, SML Isuzu, Shriram Asset Management, Tanla Platforms, TCI Express, TD Power Systems, and Zuari Agro Chemicals will release quarterly earnings on May 19.

BREAKING News #alliesfin

Good news for Farmers :
Govt HIKES SUBSIDY on DAP fertiliser by HUGE 140%
Subsidy increased to Rs 1200 per bag from 500
DAP bag price now 1200 for farmers vs 2400 earlier
Govt to spend additional Rs 14,775 Cr.

Economic Times

 

Business Standard

Ø  India's utility-scale solar installations declined 39% Y-O-Y in FY2021: Report

Ø  Govt needs to revisit import duty on chickpeas, lentils: IPGA

Ø  Tata Projects secures Rs 2,000 crore order from Chennai Metro

Ø  Govt targets to conclude ongoing CPSE privatisation this fiscal

Ø  Kotak Mahindra Bk arm buys 74% stake in HKR Roadways for 715 crore

Ø  RHI Magnesita's 2 Indian bizs merge with ORL

 

Ø  Sebi proposes merger of debt securities rules into single regulation

Ø  IOC posts all-time high profit in FY21 of Rs 21,638 cr versus year-ago loss

Ø  S&P revises outlook on Tata Motors to stable on improving underlying demand

Ø  NBFCs had objected to RBI rules on auditor change, called for expert panel

Ø  Centre hikes fertiliser subsidy by 140%; farmers to get DAP at old rate

Ø  Vedanta restarts medical oxygen production at Sterlite Copper plant

Business Line

 

Mint

Ø  India, China, S Africa fared ‘relatively better’ than other major economies in Q1 of 2021: UN

Ø  Dredging Corp wins ₹122.50-cr contract from Cochin Port Trust

Ø  BDR Pharmaceuticals inks voluntary licensing pact with Eli Lilly for Baricitinib

Ø  Nod for amalgamation of RHI Clasil, RHI India with Orient Refractories

Ø  Pioneer Embroideries net up five times in Q4

Ø  JK Tyre Q4 net at ₹195 crore

 

Ø  Axis Bank: OFS of SUUTI oversubscribed four times on Day 1

Ø  Indian, European refiners get ready to buy Iranian oil

Ø  Crypto washout: Bitcoin plunges $30,000, market cap losses nearly $1 tn

Ø  Sebi fines Biocon, its designated person for violating market norms

Ø  High Street Essentials raises Rs25.5 crore in fresh funding

Ø  JK Tyre reports robust recovery in earnings for March quarter

Financial Express

 

Business World

Ø  India climbs to 3rd spot on EY index on impressive show by solar PV segment

Ø  UK inflation more than doubles to 1.5% in April

Ø  NBCC, Suraksha submit revised bids for Jaypee Infra

 

Ø  Central Bank Of India Gets Shareholder Nod To Allot Rs 4,800-Cr Preference Shares To Govt

Ø  CBIC Rationalises GST Refund Provisions, Allows Taxpayers To Withdraw Application

Ø  India's Oilmeal Exports Jump 51 % In FY21

 

*🔹Mkt. Updates :*

*SGX Nifty +5 pts (15054) from last trade 15049 ,*

Nikkei -121 pts ,
Hangseng -180 pts ,
Now @6.54am .

Dow -164.62 pts ,Nsdq -3.90 pts, S&P

-12.15 pts, Bovespa +343 pts , Ftse -84 pts , Dax -273 pts , Cac -91 pts , Crude @ $63.37 brl (-0.01), Brent @ $66.66 brl (+0.00) , Gold @ 1867.10 (-14.30), Silver @ $27.72 (-0.30), Euro @ $1.2171, JPY @ $109.26  INR @ 73.215


*🔹US GOVT. 10-YEAR YIELD : 1.67%*


*Today's Corporate Action, 20th May Ex Date :*

GREENCREST

Consolidation of Shares

IRCON

Bonus issue 1:1

JOSTS

Stock  Split From Rs.10/- to Rs.5/-

MINDSPACE

Income Distribution RITES 


*Today's Key Results/Board Meetings 20-May-21 :*

AEL

General

AMARDEE

Audited Results

AMRAAGRI

Audited Results

BIRET

Audited Results

BOSCHLTD

Audited Results;Dividend

CMMHOSP

General

COSMOFILMS

Audited Results

DISAQ

A.G.M.;Audited Results;Final Dividend

ECOBOAR

General

ELECTCAST

Audited Results;Dividend

EMKAY

Audited Results;Final Dividend

EPL

Audited Results;Final Dividend

EXPLEOSOL

Audited Results

GIPCL

Audited Results;Dividend

HAVELLS

Audited Results;Final Dividend

HINDPETRO*

Audited Results;Final Dividend

IL&FSENGG

General

INDINFR

Audited Results

JKLAKSHMI

Audited Results;Dividend

KNRCON

Audited Results;Final Dividend

LIBORD

Audited Results

LIBORDFIN

Audited Results

MANGALAM

Audited Results

MEGH

Audited Results

NDTV

Audited Results

PLASTIBLEN

Audited Results

PRESHAMET

Audited Results

RADIOCITY

Audited Results

RELAXO

Audited Results;Final Dividend

RESPONSINF

Audited Results

RPEL

A.G.M.

STERWEB

Audited Results

THEINVEST

Audited Results

TORNTPOWER

Audited Results;Final Dividend

TRELCHE-B

General

ULTRAMAR

Audited Results;Dividend

USHAMART

Audited Results

VIRAT

Audited Results;Final Dividend

ZEEL

Audited Results;Final Dividend


*SEC. IN F&O BAN FOR 20-MAY-2021:*

*1. CADILAHC 2. NATIONALALUM 3. SAIL*

*ADDITION : NIL*
*DELETION : BHEL, PNB, SUNTV*