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🌄 *Shuboudhaya : 16 MAY 2021*🙏🏻
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*Today's top News*

1. PM Modi holds high level meeting to review preparedness on Cyclone ‘Tauktae.

2. The name Tauktae has been suggested by Myanmar which means a vocal lizard in the Burmese language. Generally, the name list is proposed by the National Meteorological and Hydrological Services (NMHS) of the WMO members of a specific region and approved by the respective tropical cyclone regional bodies at their annual or biennial sessions.

3. *PM Modi ordered an audit of ventilators provided by the Central Government to the State Government and the Union Territories.*

4. Amid vaccine shortage faced by Delhi, Chief Minister Arvind Kejriwal on Saturday said his government has written to Dr Reddy's Laboratories for supply of around 67 lakh doses of Russian COVID-19 vaccine Sputnik V.

5. DRDO to launch 2-DG drug for COVID-19 treatment next week
The first tranche of 10,000 doses of 2-DG medicine for treating coronavirus patients will be launched early next week, informed Defence Research and Development Organisation (DRDO)

6. Banned ULFA (I) outfit announces ceasefire for 3 months due to COVID
The banned United Liberation Front of Asom (Independent) on Saturday announced a unilateral ceasefire for three months due to the prevailing COVID-19 situation in the state. ULFA(I) Commander-in-Chief Paresh Barua in a statement e-mailed to the media.

7. Samyukta Kisan Morcha, an umbrella body of over 40 farmer unions, on Saturday announced that it will observe May 26 as ‘black day', marking six months of their protest at Delhi's borders against the Centre's three farm laws.

8. Managing Editor of Financial Express Sunil Jain passed away on Saturday after battling COVID-19 for weeks. He was admitted to AIIMS in Delhi on May 3.

9. A political slugfest broke out between Punjab chief minister Amarinder Singh and his Uttar Pradesh counterpart Yogi Adityanath over the declaration of Muslim-majority Malerkota area in Punjab into a full-fledged district. Adityanath criticised the move and accused the Congress government of indulging in ‘divisive politics.

10. *The ICMR-National Covid-19 Task Force unanimously agreed to remove the use of convalescent plasma from the Clinical Guidance for Management of Adult Covid-19 Patients, citing its ineffectiveness and inappropriate use in several cases.*

11. Mizoram's power and electricity department minister R Lalzirliana was seen mopping the floors of a hospital, where he is undergoing treatment for COVID-19 along with his wife and son.The minister’s action was not to embarrass medical staff or authorities but to set an example for others.

12. Bollywood Big B
Amitabh Bachchan orders 100 oxygen cylinders and ventilators from Poland, he thanked the Government of Poland, the Mayor of the city of Wroclaw, the Ambassador of India at Warsaw and the LOT Polish Airlines for accommodating his order of 50 oxygen concentrators.

13. ITBP Soldiers' Song Dedicated To COVID Warriors Wins Internet
As India continues to battle a deadly second wave of coronavirus, an ITBP soldier is winning hearts with his song dedicated to frontline essential workers. Called ‘Jeet Jayenge Hum’ the song is written and composed by Raj Kumar, a sub-inspector in the Indo-Tibetian Border Force.

14. India Meteorological Department (IMD) has said that this year the onset of the southwest monsoon over Kerala is expected on 31st of this month.

15. *More than 18.21 Cr Cumulative Vaccine Doses administered so far* Over 5.58 lakh beneficiaries of age group 18-44 Vaccinated yesterday till 8 pm

*INTERNATIONAL NEWS*

1. *A consignment of 105 ventilators, seven lakh 50 thousand masks and respirators and other medical equipment arrived from Kazakhstan*. India has expressed gratefulness to Kazakhstan for the support.

2. The Indian Air Force (IAF) is all set to receive 4 more Rafale jets on May 19 or 20. This also means that the organisation will create the second Rafale squadron at Hasimara in West Bengal.
3. Free Liquid Medical Oxygen arrives from Kuwait; IAF undertakes relief sorties
Through the Sea-Bridge, under the relief campaign initiated by the government of Kuwait, on Saturday, May 15, 2021, a commercial vessel reached India with Liquid Medical Oxygen (LMO).

4. New Satellite Imagery Shows Chinese Troops, Equipment Present In Depth Areas Near Pangong Lake After Disengagement
Although China has vacated the area it occupied on the north bank of Pangong Tso in eastern Ladakh in 2020 as part of the disengagement this year, its troops and equipment continue to remain deployed in depth areas.

5. The first repatriation flight carrying Australians stranded in India landed in Darwin on Saturday following the end of the federal government's controversial ban on them from returning home.

*🌎WORLD NEWS🌍*

1. A 12-storey Gaza tower block housing the offices of the U.S.-based Associated Press and Qatar-based broadcaster Al Jazeera collapsed on Saturday after being struck by Israeli missiles,

2. The researchers in the University of Oxford recently launched “Com-COV Study “. The study was launched to investigate alternate doses of Pfizer-BioNTech vaccine and Oxford-Astra Zeneca vaccine.

3. *Every year the World Agri-Tourism Day is celebrated on May 16* . This year, on the fourteenth World Agri-Tourism Day, Government of Maharashtra, Agri-Tourism Development Corporation is to organise International Conference on Agri-Tourism. In 2021, the day is to be celebrated under the following theme. *Theme: Rural Women Sustainable Entrepreneurship Opportunities through Agri Tourism*

4. A total of 12 people were killed Friday night in two tornados in Wuhan in central China and Suzhou in East China. A tornado hit Shengze town of Suzhou, East China's Jiangsu Province, on Friday night at around 7 pm, leaving four dead and 149 slightly wounded, according to the local media reports on Saturday.

5. *China has successfully landed its rover on Mars.* The China National Space Administration (CNSA) said its rover Zhu Rong had successfully landed in the pre-selected landing area in the Utopia Plain in southern part of Mars on Saturday after seven months of space travel and three months in orbit.

6. Afghanistan: 12 killed as bomb rips through Kabul mosque during Friday prayers. Another 15 people were wounded.

7. PM Benjamin Netanyahu told US President Joe Biden that Israel did its utmost to safeguard civilians in its Gaza bombing campaign, after an air strike demolished a tower hosting the Associated Press news agency

8. Muslim countries must show a united and clear stance over Israel’s conflict with the Islamist Hamas movement in Gaza, Turkey’s vice president, Fuat Oktay, said.

9. Bangladesh reported 22 deaths and 261 new cases of Coronavirus in the country on Saturday

*🚣🚴🏇🏁🏊Sports:*

1. *The International Cricket Council is reportedly considering expanding the T20 World Cup to 20 teams from its current number of 16* . While the upcoming 2021 tournament to be held in India, will remain unchanged, the ICC is looking to add four more teams to the tournament from the 2024 edition.

2. A Delhi court on Saturday issued a non-bailable warrants against two-time Olympic medalist Sushil Kumar and nine others in connection with the murder of 23-year-old former junior national wrestling champion, Sagar Rana.

Rana, the the former national champion wrestler Sagar Rana was beaten to death and a few were injured after clashes between two groups of wrestler broke out late last Tuesday night at the Chatrasal Stadium parking area.

3. Arjan Bhullar has become the first Indian-origin fighter to win a world title in a top-level MMA promotion after he beat Brandon Vera to become the heavyweight world champion at the Singapore-based One Championship.

*USD 73.28 💷GBP 103.32*
_In Chennai (TN)_
*🥇Gold ₹49,540©10 gm 24 (Krt)*
🥈 *Silver ₹76,000©Kg*
*Petrol ₹ 94.18*
*Diesel ₹ 87.89*

*LPG : ₹ 825/14.2 Kg*

*BSE Sensex* 48,732.55
*NIFTY* : 14,677.80

*🇮🇳Facts about India🇮🇳*
Remembering Field Marshal KM Cariappa on his Death Anniversary
Kodandera ‘Kipper’ Madappa Carriappa, popularly known as KM Carriappa, was the first Indian post-Independent Commander-in-Chief.

*Born* : 28 January 1899, Shanivarasanthe
*Died* : 15 May 1993, Bengaluru

During the Indo-Pakistani War in 1947, KM Carriappa led the nation on the Western Front. He is one of only two Indian Army officers to hold the Five-star rank of Field Marshal; the other being Field Marshal Sam Manekshaw.

He was 2nd Chief of the Army Staff and Commander-in-Chief, Indian Army
(15 January 1949 – 14 January 1953)
Preceded by
General Sir Francis Robert Roy Bucher & Succeeded by
General Maharaj Shri Rajendrasinhji Jadeja

*😀Thought of the day*

Take risks in your life, If you win, you can lead! If you loose, you can guide

*Joke of the day*
*Frnd* : agar Bijli nahi hota to kya hota?
*Pappu* : raat mein candle light mein TV dekhna padta🤪

😳 *WHY* ....⁉️

*Why does thunder fall on trees?*

Thunder doesn't fall anywhere, but lightning does. Thunder is just the sound caused by lightning. And when charges in the clouds collide and lightning is formed (of several thousands of volts), electricity always finds the shortest path to ground. Since trees are tall structures, it hits the trees.

If there were any taller buildings next to trees, lightning will hit the building instead of trees. That is why taller structures have “lightining arrestors”.

*🤔How it works*

*Liver in body required*

The liver's main job is to filter the blood coming from the digestive tract, before passing it to the rest of the body. ... As it does so, the liver secretes bile that ends up back in the intestines. The liver also makes proteins important for blood clotting and other
functions.

*LEARN Sanskrit*🙏🏻

*शीघ्र* sheeghr : quickly
तुरन्त

💁🏻‍♂️ *GK TODAY*

*NCERT* - The National Council of Educational Research and Training (NCERT) is an autonomous organisation of the Government of India which was established in 1961 as a literary, scientific and charitable Society under the Societies' Registration Act (Act XXI of 1860). Its headquarters are located at Sri Aurbindo Marg in New Delhi

🛕 *VEDIC GYAN*

*Anusuya* , was the wife of an ancient rishi (sage) named Atri and daughter of Prasuti and Daksha in the Hindu epics. In the Ramayana, she lived with her husband in a small hermitage on the southern border of the Chitrakuta forest.

Sati Anasuya had the powers to perform miracles by sprinkling 'Paadha Theertham', the sacred water with which she washed Sage Atri’s feet. However, when Sage Narada narrated this fact to the three Devis i.e. goddess Saraswati, Lakshmi and Parvati they were unable to believe it. They, therefore, decided to test the chastity of Sati Anasuya. Saraswati, Lakshmi and Parvati involved their husbands Brahma, Vishnu and Shiva respectively in the plot.

The Trinity then arrived at the hermitage of Sage Atri in the form of three old mendicants seeking alms from Sati Anasuya. When Sati Anasuya approached the three mendicants with some food, the three denied it saying that because of the severe vow taken by the three of them, they cannot accept alms from those wearing clothes. The situation led Sati Anasuya in great confusion but, she had solution to every problem. By sprinkling the holy 'Paadha Theertham' she turned the three mendicants into babies and then fed the three baby-mendicants without wearing any clothes.

When Sage Atri returned to his hermitage, Sati Anasuya narrated to him what all had happened in his absence and presented the three babies to him. Sage Atri, through his divine vision, envisioned the Holy Trinity – Brahma, Vishnu and Shiva in the three babies. Sage Atri said to his wife that they have come to fulfill her wish to become their mother. The three babies then conjoined to become one. They occupied three separate heads, one trunk, two legs and six hands. When the three devis learnt the incident from Sage Narada, they went to Atri and Sati Anasuya to get their husbands back.
Eventually, Brahma, Vishnu and Shiva returned to their respective consorts. Simultaneously, they fulfilled the wish of Sati Anasuya and remained in the conjoined form as her child. The child grew up to the one of the greatest sages of all times. He was named Dattatreya, and he served his parents till the end.

🧬 *HEALTH CARE:© HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)

Betel leaf widely helps in treating issues related to cough and cold. It is an excellent cure for those suffering from chest, lung congestion and asthma. Apply some mustard oil on the leaf, warm it and place it on the chest to cure congestion. You can also boil few leaves in water, add cardamom, cloves and cinnamon in two cups of water. Reduce it to 1 cup and consume this concoction two to three times a day for excellent relief from congestion and breathing issues.

*Regards

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*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*
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Why is market going up in Covid 🦠 scenario?

In general, people are thinking all businesses are affected due to covid and all companies will be facing loss.

But in reality, what is happening?
Will go by sectorwise.

Pharma 💉💊
After covid, Pharma sector got huge benefit, that need not to be explained. Everyone can understand by themselves

IT sector 💿🖥💻
IT sector are doing very good because of very less expense due to work from home. All the projects are getting completed without any issue. Companies started making huge profits.

FMCG 🍔🍟🍕🥪🍜
All FMCG products are countinued to sell in big volume especially during lockdown period. This sector is not affected by covid at all. Infact, more sales in santizing products.

Metal 🛠🔧
Gold & Silver: You know what happened. Any crisis, gold price will shoot up. All companies which dealing with gold got benefited.
Steel, copper and alloy:
Immediately after lockdown, every where sudden demand in raw metal requirements which leads to price increase. Now most of the metals and minerals are trading in life time high.

Auto sector 🚗🛵🏍
After lockdown, people realised that the travelling in public may lead to virus spread. People who can afford where buying car, bike, etc. Automobile got sudden spike in demand. All industries related to automobile got benefited.

Oil and Gas 🗯🆖
During lockdown, crude price crashed and all oil and gas companies stored as much as possible. But we have not seen any petroleum products price cheaper. Eg. Petrol, diesol etc. Infact, we are paying more than precovid price.

Financial 💰💶💵💷💴
Financial companies are got effected only because of increasing NPA. But once the companies started recovering the initial loss and making profit, things will be settled down.

Telecom 📱📞☎️
After covid, all school, office activities are happening using mobile, internet etc. Which leads telecom to perform better.

Power and engineering 🔩
During lockdown, especially engineering sectors got affected and now things are getting better.

Amusement and entertainment 🎳🎯🎬
Most affected sector is amusement parks and theatres. It will be affected till improvement in covid scenario.

Conclusion:
Most corporate companies are doing well even after covid. Infact, lot of companies got benefited.
Most affected - common people, MSMEs, street vendors and daily wages.
Now you may be convinced why Nifty is trading near all time high.
3i infotech recent updates & important points

1) 3i Infotech sold his software business to Apex in 1000 crore rs. 3i has sold software business which generate approximately 38 percent revenue and still 62 percent business is remaining

2) 3i infotech has 800 crore rs debt, they cleared the debt with the help of 1000 crore Apex deal now remaining only 77 crores as per BSE and it will be zero after the approval of RBI regarding of pre payment of FCCBs (Foreign Currency Convertible Bonds)

3) 3i infotech has recently (around 2 days ago) signed agreement with Qualitia Software for Codeless end to end automated testing services

4) Company applied for SOA (happened in past in orchid Pharma, Ruchi Soya and many companies) in NCLT For capital reduction and NCLT approved the proposal of 3i for SOA.

5) Now total equity is 160 crores. After SOA Total equity will be 16 crore. You will get 1 new 3i infotech share against your 10 old 3i infotech share. Face value remain same (10 Rs). Book Value will be increase (Counting of capital now 160 crore equity*10= 1600 crore
After SOA 16 Crore equity*10=160 crore)

6) So after SOA and Apex deal 3i infotech is completely debt free company

7) 3i infotech increase profit margin on quarter wise and year wise as well so 3i infotech is already a profit making company where you study past SOA happened companies like orchid Pharma Ruchi Soya they are loss making companies before SOA so 3i is better than them

8) 3i has huge client base. 3i also provide its services on international level in banking, insurance, mutual fund managers etc

9) 3i appointed Thompson Ganam as new CEO , This person has lots of experience of corporate world and potential to grow up the company

10) Company management is experienced and know how to progress the company and has good intention towards company and investors

Fwded Message☝️
*Trend and Retracement*

*🎄What is Uptrend ?*

During an uptrend, price line makes a constant formation of higher tops and bottom.
During this uptrend, demand is much greater than the supply. All the bottoms are higher which signifies that there is a constant demand in the market which is eventually coming at a higher price.
In a single word, there is a constant buyer at a comparatively higher rate and demand is thereby so strong that it pushes the price upward to a new horizon.

*❤️What is Downtrend ?*

During a downtrend, price creates lower tops and lower bottoms.
All the subsequent tops would be lower than the previous one and as well as the bottom too.
In a downtrend, supply is much more than demand.
A lower top indicates that the sellers are interested to sell constantly at a lower price.
Supply is so strong that it pushes the price to a new lower dimension.

*🐢What is Choppy trend ?*

A choppy trend or a flat trend is also popularly known as a sideways movement.
During this choppy trend, price does not make any clear-cut top or bottom, rather it moves in a horizontal fashion.
During this phase demand and supply both are equal and price keeps on moving within a range bound zone.

*🎯What Is a Retracement ?*

A Retracement is a technical term used to identify a minor pullback or change in the direction of a financial instrument, such as a stock or index.
• Retracements are temporary in nature and do not indicate a shift in the larger trend.
Retracements are not the same as reversals—with the latter, the price of the security must breach support or resistance levels.
A retracement is not easy to identify because it can easily be mistaken for a reversal.
*MONEY TIMES TALK*
*_MAY 15, 2021_*

*Dr. Reddy’s Labs* has received nod from DRDO for its new anti-Covid drug. A big positive for this company. Buy.

*GE Shipping* posted an excellent FY 21 with an EPS at Rs. 62.38 v/s Rs. 13.91 in FY20 and declared 90% dividend. The rising Baltic freight index translates into rising freight rates. A good long term share to add.

*HFCL* posted a stellar Q4 with NP rising exponentially to Rs. 84.67 cr. v/s Rs. 5.78 cr. last year. The management is optimistic on the back of growing demand from Indian and overseas markets. Buy and retain for 2 years.

*An Ahmedabad based analyst recommends to buy BGR Energy Systems, Dhunseri Ventures, Ind-Swift Labs, Loyal Textile Mills, Lahoti Overseas, Rajoo Engineers, Shilp Gravures, Vipul Organics and Vasundhara Rasayan.*

*Interglobe Aviation (Indigo Airlines)* plans to raise Rs. 3000 cr. via QIP. It is one of the fastest growing low-cost carriers in the world and can be bought selectively with strict stop loss limits.

*Neuland Laboratories* posted Q4 profit of Rs. 17 cr. against a loss of Rs. 9.3 cr. in Q4FY20 due focus on complex APIs and the CMS business. The co. will continue this sustainable growth.

*Granules India* posted 38% rise in Q4 NP at Rs. 128 cr. on 33% rise in revenue to Rs. 799 cr. It also made some new launches and more products are in the pipeline. Add.

*Huhtamaki India’s* Q1CY21 PAT fell 41% YoY to Rs. 16.7 cr. from Rs. 27.31 cr. in Q1CY20. Although the packaging industry is faring well, these results are disappointing. Investors advised to exit.

*Linde India’s* Q1CY21 PAT spurts to Rs 303 cr. from Rs. 39.03 cr. in Q1CY20 on the back of frantic oxygen demand in the current Covid-19 pandemic.

*Saregama*, which is into entertainment including regional and Indian films and songs posted 151% higher Q4 NP at Rs. 37 cr. The company expects the performance to continue. Add.

*ITDC Cementation* has won a Rs. 950 cr. order from GoI for roads & bridges, drainage, waste management and sewage plants, etc. A positive for the Company. Add.

Mucomycosis, also called black fungus, threatens patients recovering from Covid as it can cause loss of vision and even death. *Gufic Biosciences*’ Lypobampoterech helps to cure this disease. A big jump is price in its share is imminent. A screaming buy.

Although the near term demand can be under pressure, *Kansai Nerolac* can be a key beneficiary of the recovery in decorative and industrial paints. A good long term bet. Add.

*Navin Fluorine* is confident of notching higher sales and long term contracts in the high value segment. The share price may continue its onward march. Accumulate.

The Union government has approved Rs. 18100 cr. PLI sops to battery manufactures to cut reliance on imported products. *Amararaja Batteries* can be a big beneficiary. Buy.
Upcoming Results

👉🏻Pfizer Ltd Board to consider FY21 results & Dividend on May 26, 2021
👉🏻JK Cement Ltd Board to consider FY21 results & Dividend on June 12, 2021
👉🏻Alkem Laboratories Ltd Board to consider FY21 results & Final Dividend on May 25, 2021
👉🏻SBI board to consider FY21 results, dividend on May 21, 2021
👉🏻Balaji Amines Ltd Board to consider FY21 results & Dividend on May 24, 2021
👉🏻Kirloskar Brothers Ltd Board to consider Dividend on May 25, 2021
👉🏻Wheels India Ltd board to consider final dividend on May 21, 2021
👉🏻Acrysil Ltd board to consider Q4, FY21 results, final dividend on May 20, 2021
👉🏻Thermax Ltd Board to consider FY21 results & Dividend on May 25, 2021
Welspun India - Tender Route Buyback Approved

Buyback Price : 120/-
Buyback Size (in ₹) : 200 Crore

Buyback Size (in Shares) : 1,66,66,667 shares
Retail Quota - 25,00,000 shares

Record Date - 26 May
GST MEETING on 28 May

Agenda Of GST meeting will be GST rates on Various medical devices ,Essential drugs & Other covid related issues
IPO s expected to open by June 2021

-Glenmark Life
-AB Sunlife
-Seven Island Shipping
-India Pesticides
-Sona BLW
-KIMS
-Arohan Financial
-Dodla Dairy
-Shyam Metallics
*Ramkrishna Forgings Ltd.* | *CMP* Rs. 648 | *M Cap* Rs. 2072 Cr | *52 W H/L* 665/141
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 520.4 Cr (29.2% QoQ, 117.3% YoY) vs QoQ Rs. 402.9 Cr, YoY Rs. 239.6 Cr
EBIDTA came at Rs. 106.1 Cr (39.9% QoQ, 196.2% YoY) vs QoQ Rs. 75.9 Cr, YoY Rs. 35.8 Cr
EBITDA Margin came at 20.4% vs QoQ 18.8%, YoY 15%
Adj. PAT came at Rs. 33.9 Cr vs QoQ Rs. 14.8 Cr, YoY Rs. -7.6 Cr
Quarter EPS is Rs. 10.6
Share is trading at P/E of 31.2x FY22E EPS
*Geojit Financial Services Ltd.* | *CMP* Rs. 67 | *M Cap* Rs. 1597 Cr | *52 W H/L* 68/19
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 121.4 Cr (16.6% QoQ, 47.5% YoY) vs QoQ Rs. 104.1 Cr, YoY Rs. 82.3 Cr
EBIDTA came at Rs. 53.3 Cr (15% QoQ, 66.1% YoY) vs QoQ Rs. 46.4 Cr, YoY Rs. 32.1 Cr
EBITDA Margin came at 43.9% vs QoQ 44.6%, YoY 39%
Adj. PAT came at Rs. 36.4 Cr vs QoQ Rs. 30.6 Cr, YoY Rs. 18.8 Cr
Quarter EPS is Rs. 1.5
Share is trading at P/E of 13x TTM EPS