╭───────────────────╮
🌄 *Shuboudhaya : 19 MAY 2021*🙏🏻
╰───────────────────╯
*Today's top News*
1. *Cyclone Tauktae* : Indian Army puts 180 teams and 9 engineer task forces on standby
to face any contingency as Cyclone Tauktae is likely to hit the Gujarat coast.
2. *The Department of Telecom (DoT) has allowed intra-circle roaming arrangement in cyclone Tauktae-hit districts of Gujarat, Maharashtra, Goa and union territory of Dadra and Nagar Haveli and Daman and Diu for 24 hours*
3. The electricity supply in Goa snapped due to the cyclonic storm Tauktae will be restored by Wednesday, the state electricity department said.
4. *PM Modi on Tuesday held a meeting with field officials from states and districts about their experience in handling the COVID-19 pandemic.* Madhya Pradesh Chief Minister Shivraj Singh Chouhan and Karnataka Chief Minister BS Yediyurappa also attended the virtual meeting where Union Home Minister Amit Shah was present.
5. *Indian Medical Association on Tuesday lent its support to plasma therapy in moderate cases of COVID-19 infection and said such patients may need less oxygen with the use of plasma*: The approval for plasma therapy from the IMA comes a day after Indian Council of Medical Research's National Task Force had dropped use of convalescent plasma therapy from COVID-19 treatment protocol.
6. Maharashtra cannot afford to rely on others for medical oxygen in the present COVID-19 situation and priority must be given to produce 3,000 metric tons of the vital gas per day in the state itself, Chief Minister Uddhav Thackeray said.
7. Delhi CM Arvind Kejriwal announces compensation for Covid-19 destitute."Every family that has had a death due to COVID-19 among them, will be given Rs 50,000 each as ex-gratia.
8. *The Punjab and Haryana high court has said live-in-relationships are morally and socially unacceptable,* an observation which runs contrary to the Supreme Court stand recognising them.
9. Haryana hero who cremated 300, dies of Covid : Praveen Kumar, 43, died at a private hospital on Monday night, He had cremated over 300 COVID bodies so far since last year. He tested positive two days ago. He was admitted to a private hospital, where his oxygen level kept dipping due to which he died. He was also the president of Municipal Corporation Safai Karamchari Union.
10. Kerala chief minister Pinarayi Vijayan’s decision to drop out all ministers of previous cabinet, including health minister KK Shailaja who has been widely applauded for effective covid control, has raised many eyebrows. Shailaja won with the highest-ever vote margin in Kerala in the recent polls. Her exclusion from Vijayan’s new team has taken everyone by surprise. However, approving of the decision, Kerala’s former health minister has said fresh faces need to be given the chance to work.
11. Tamil Nadu: Chief minister MK Stalin will inaugurate vaccination programme for people in 18-44 age group on Thursday.
12. Tamil Director Shankar's mother S Muthulakshmi passed away. The 88-year-old breathed her last on Tuesday (May 18, 2021), due to an age-related illness.
13. *The Odisha government has extended the lockdown in the state till first of June* .
14. *Veteran actor Randhir Kapoor, who was admitted to a hospital here after testing positive for the novel coronavirus, has been discharged, a hospital source said Tuesday* . The 74-year-old actor returned home on Sunday from the Kokilaben Dhirubhai Ambani Hospital, where he was under treatment since April 28.
15. *AirAsia India announced free cancellation and rescheduling for flights to and from West Bengal in the wake of a 15-day lockdown in the state* . A 15-day lockdown came into force in Bengal on Sunday, with the government putting in place a host of stringent measures to curb the spread of COVID-19.
16. *The Indian Navy handed over to the Kerala government a decommissioned fast attack craft at a function held at the Naval Base* . The ship would be taken to Alappuzha and placed as part of the Port Museum under the Alappuzha Heritage Project.
🌄 *Shuboudhaya : 19 MAY 2021*🙏🏻
╰───────────────────╯
*Today's top News*
1. *Cyclone Tauktae* : Indian Army puts 180 teams and 9 engineer task forces on standby
to face any contingency as Cyclone Tauktae is likely to hit the Gujarat coast.
2. *The Department of Telecom (DoT) has allowed intra-circle roaming arrangement in cyclone Tauktae-hit districts of Gujarat, Maharashtra, Goa and union territory of Dadra and Nagar Haveli and Daman and Diu for 24 hours*
3. The electricity supply in Goa snapped due to the cyclonic storm Tauktae will be restored by Wednesday, the state electricity department said.
4. *PM Modi on Tuesday held a meeting with field officials from states and districts about their experience in handling the COVID-19 pandemic.* Madhya Pradesh Chief Minister Shivraj Singh Chouhan and Karnataka Chief Minister BS Yediyurappa also attended the virtual meeting where Union Home Minister Amit Shah was present.
5. *Indian Medical Association on Tuesday lent its support to plasma therapy in moderate cases of COVID-19 infection and said such patients may need less oxygen with the use of plasma*: The approval for plasma therapy from the IMA comes a day after Indian Council of Medical Research's National Task Force had dropped use of convalescent plasma therapy from COVID-19 treatment protocol.
6. Maharashtra cannot afford to rely on others for medical oxygen in the present COVID-19 situation and priority must be given to produce 3,000 metric tons of the vital gas per day in the state itself, Chief Minister Uddhav Thackeray said.
7. Delhi CM Arvind Kejriwal announces compensation for Covid-19 destitute."Every family that has had a death due to COVID-19 among them, will be given Rs 50,000 each as ex-gratia.
8. *The Punjab and Haryana high court has said live-in-relationships are morally and socially unacceptable,* an observation which runs contrary to the Supreme Court stand recognising them.
9. Haryana hero who cremated 300, dies of Covid : Praveen Kumar, 43, died at a private hospital on Monday night, He had cremated over 300 COVID bodies so far since last year. He tested positive two days ago. He was admitted to a private hospital, where his oxygen level kept dipping due to which he died. He was also the president of Municipal Corporation Safai Karamchari Union.
10. Kerala chief minister Pinarayi Vijayan’s decision to drop out all ministers of previous cabinet, including health minister KK Shailaja who has been widely applauded for effective covid control, has raised many eyebrows. Shailaja won with the highest-ever vote margin in Kerala in the recent polls. Her exclusion from Vijayan’s new team has taken everyone by surprise. However, approving of the decision, Kerala’s former health minister has said fresh faces need to be given the chance to work.
11. Tamil Nadu: Chief minister MK Stalin will inaugurate vaccination programme for people in 18-44 age group on Thursday.
12. Tamil Director Shankar's mother S Muthulakshmi passed away. The 88-year-old breathed her last on Tuesday (May 18, 2021), due to an age-related illness.
13. *The Odisha government has extended the lockdown in the state till first of June* .
14. *Veteran actor Randhir Kapoor, who was admitted to a hospital here after testing positive for the novel coronavirus, has been discharged, a hospital source said Tuesday* . The 74-year-old actor returned home on Sunday from the Kokilaben Dhirubhai Ambani Hospital, where he was under treatment since April 28.
15. *AirAsia India announced free cancellation and rescheduling for flights to and from West Bengal in the wake of a 15-day lockdown in the state* . A 15-day lockdown came into force in Bengal on Sunday, with the government putting in place a host of stringent measures to curb the spread of COVID-19.
16. *The Indian Navy handed over to the Kerala government a decommissioned fast attack craft at a function held at the Naval Base* . The ship would be taken to Alappuzha and placed as part of the Port Museum under the Alappuzha Heritage Project.
17. *Defence Minister Rajnath Singh Reviews Covid-19 Relief Efforts of Armed Forces via Video Conferencing*
He said defence public sector undertakings (DPSUs) and Defence Research and Development Organisation (DRDO) in India’s fight against a severe wave of the coronavirus pandemic.
18. The Indian Navy has approached the Narendra Modi government for approval to make changes in the Cabinet Committee of Security (CCS) approved 30-year submarine building plan by replacing six conventional attack vessels with nuclear powered platforms in the context of changing strategic scenario in Indo-Pacific.
19. 2 Al-Badr terrorists killed in Khanmoh area of Srinagar
: A joint team of the Central Reserve Police Force (CRPF) and the police killed at least two terrorists in an encounter that took place this morning in the Khanmoh area of Srinagar.
20. Himachal Government has launched the ‘Ayush Ghar-Dwar’ program to keep the home isolated Covid-19 positive patients healthy by practising Yoga. This program has been started by the Department of AYUSH in collaboration with the Art of Living organisation.
*✈INTERNATIONAL NEWS*
1. *More than a year after the Chinese army displayed aggression on the northern front, the People's Liberation Army is carrying out an exercise in their depth areas near the Eastern Ladakh sector.* The Indian armed forces are also fully alert this year despite the COVId-19 pandemic and keeping a close watch on all these movements of the Chinese forces there.
2. *Delhi Chief Minister Arvind Kejriwal on Tuesday appealed to the Central government to immediately cancel all air services with Singapore* , saying a new strain of coronavirus there is said to be "very dangerous" for children. This new strain of virus could invade India in the form of a third wave
3. *Article 370 controversy in Pakistan:* Minister’s ‘acceptance’ sets the cat amongst pigeons, Since Pakistan claims to be championing the Kashmir cause, Foreign Minister Shah Mahmood Qureshi’s comments during a TV talk show that revocation of Article 370 is India’s “internal matter.” His statement set the cat amongst pigeons as it was construed as surrendering Pakistan’s historical stance that Kashmir is disputed territory.
4. *Year after first big India-China clash in Ladakh, tensions linger.* This is how it all began
It’s been exactly a year since the first major clash between Indian and Chinese troops, at Finger 4 of the Pangong Tso (lake) in Eastern Ladakh, which then led to the worst-ever tensions between both sides since the 1962 war.
5. *Saudi Arabia lifts travel ban on citizens, but India still on 'no go' list,* allowing its citizens to travel outside the kingdom as it lifted the 14-month-long travel ban imposed due to the COVID-19 pandemic.
6. *Bangladesh sent the second tranche of medical assistance to India as part of its cooperation in combating the COVID-19 pandemic resurgence in India.* Deputy High Commissioner of Bangladesh in Kolkata handed over 2672 boxes of medicines and protective items to the representative of Indian Red Cross Society at Petrapole on Tuesday
*🌎WORLD NEWS🌍*
1. *Joe Biden administration of US approved $735 million arms sale to Israel amid Gaza conflict* .
2. *Singapore to vaccinate children aged 12 to 15 against COVID-19*
3. UN agency says more than 52,000 Palestinians displaced in Gaza, Amnesty wants war crimes investigation
More than 52,000 Palestinians have been displaced by Israeli air strikes that have destroyed or badly damaged nearly 450 buildings in the Gaza Strip.
4. Vaccinated Saudis allowed to leave kingdom for 1st time in more than a year as country eases ban on international travel.
5. PicChina has offered to host talks between the parties in Afghanistan in an effort to play a greater role in the conflict-hit country and the larger neighboring region.
He said defence public sector undertakings (DPSUs) and Defence Research and Development Organisation (DRDO) in India’s fight against a severe wave of the coronavirus pandemic.
18. The Indian Navy has approached the Narendra Modi government for approval to make changes in the Cabinet Committee of Security (CCS) approved 30-year submarine building plan by replacing six conventional attack vessels with nuclear powered platforms in the context of changing strategic scenario in Indo-Pacific.
19. 2 Al-Badr terrorists killed in Khanmoh area of Srinagar
: A joint team of the Central Reserve Police Force (CRPF) and the police killed at least two terrorists in an encounter that took place this morning in the Khanmoh area of Srinagar.
20. Himachal Government has launched the ‘Ayush Ghar-Dwar’ program to keep the home isolated Covid-19 positive patients healthy by practising Yoga. This program has been started by the Department of AYUSH in collaboration with the Art of Living organisation.
*✈INTERNATIONAL NEWS*
1. *More than a year after the Chinese army displayed aggression on the northern front, the People's Liberation Army is carrying out an exercise in their depth areas near the Eastern Ladakh sector.* The Indian armed forces are also fully alert this year despite the COVId-19 pandemic and keeping a close watch on all these movements of the Chinese forces there.
2. *Delhi Chief Minister Arvind Kejriwal on Tuesday appealed to the Central government to immediately cancel all air services with Singapore* , saying a new strain of coronavirus there is said to be "very dangerous" for children. This new strain of virus could invade India in the form of a third wave
3. *Article 370 controversy in Pakistan:* Minister’s ‘acceptance’ sets the cat amongst pigeons, Since Pakistan claims to be championing the Kashmir cause, Foreign Minister Shah Mahmood Qureshi’s comments during a TV talk show that revocation of Article 370 is India’s “internal matter.” His statement set the cat amongst pigeons as it was construed as surrendering Pakistan’s historical stance that Kashmir is disputed territory.
4. *Year after first big India-China clash in Ladakh, tensions linger.* This is how it all began
It’s been exactly a year since the first major clash between Indian and Chinese troops, at Finger 4 of the Pangong Tso (lake) in Eastern Ladakh, which then led to the worst-ever tensions between both sides since the 1962 war.
5. *Saudi Arabia lifts travel ban on citizens, but India still on 'no go' list,* allowing its citizens to travel outside the kingdom as it lifted the 14-month-long travel ban imposed due to the COVID-19 pandemic.
6. *Bangladesh sent the second tranche of medical assistance to India as part of its cooperation in combating the COVID-19 pandemic resurgence in India.* Deputy High Commissioner of Bangladesh in Kolkata handed over 2672 boxes of medicines and protective items to the representative of Indian Red Cross Society at Petrapole on Tuesday
*🌎WORLD NEWS🌍*
1. *Joe Biden administration of US approved $735 million arms sale to Israel amid Gaza conflict* .
2. *Singapore to vaccinate children aged 12 to 15 against COVID-19*
3. UN agency says more than 52,000 Palestinians displaced in Gaza, Amnesty wants war crimes investigation
More than 52,000 Palestinians have been displaced by Israeli air strikes that have destroyed or badly damaged nearly 450 buildings in the Gaza Strip.
4. Vaccinated Saudis allowed to leave kingdom for 1st time in more than a year as country eases ban on international travel.
5. PicChina has offered to host talks between the parties in Afghanistan in an effort to play a greater role in the conflict-hit country and the larger neighboring region.
China stepped up its diplomacy outreach with Pakistan and Afghanistan in the wake of the US troops withdrawal from the war-torn country, as Chinese Foreign Minister Wang Yi in the last two-days held telephone talks with his Pakistani and Afghan counterparts. He said that China will back the Afghan government headed by Ashraf Ghani in playing a leading role.
*🚣🚴🏇🏁🏊Sports:*
1. *The India women's Test and ODI skipper Mithali Raj and vice-captain Harmanpreet Kaur on Tuesday thanked the Board of Control for Cricket in India (BCCI) for not only arranging charters to take the cricketers to Mumbai for the two-week quarantine ahead of the UK tour, but also for conducting regular RT-PCR tests at home with an eye on COVID-19* .
2. *A Delhi Court on Tuesday refused to grant anticipatory bail to absconding Olympic medallist Sushil Kumar in the murder case of a wrestler,* saying that he is 'prima facie' the main conspirator and allegations against him are serious in nature.
3. DDNewsliveThe Sports Ministry has approved an assistance of Rs 2,50,00 to former Asian Games gold medallist Joseph James under the Pandit Deendayal Upadhyay’s National Welfare for the Sportspersons. The winner of the Asian Games gold medal in 2006 and a gold at the Asian Powerlifting Championship in 2008, Joseph James developed serious breathing issues on 24th of April after contracting COVID-19.
*USD 73.04 💷GBP 103.71*
_In Delhi (UT)_
*🥇Gold ₹ 50,710©10 gm 24 (Krt)*
🥈 *Silver ₹72,000©Kg*
⛽ *Petrol ₹ 92.85*
⛽ *Diesel ₹ 83.51*
*LPG : ₹ 809/14.2 Kg*
*BSE Sensex* 50,193.33
*NIFTY* : 15,108.10
*🇮🇳Facts about India🇮🇳*
*Fundamental Rights of Indian Citizen:-* (According to part III, articles 14-30)
1. Right to equality
2. Right to freedom
3. Right to freedom of religion
4. Right against exploitation (Such as, child labour, slavery, begging & etc)
5. Cultural & educational rights
6. Right to constitutional remidies
Right to property was deleted in 44th amendment
*😀Thought of the day*
You are the creator of your own destiny
*Joke of the day*
*Teacher* : jisko kaan👂🏻 sunaayi nahi deta hai, aap use kya bulaate hai?
*Student* : kuch bhi bulaa sakte hai. kyunki use sunaayi nahi detaa hai na.🤪😆
*😳Why❓❓❓*
*Why do most of the Temples in India have a dome or conical shaped structure?*
We call this system as the Pancha-gopura system which accounts in Shilpa Shastra and Vayu Shastra of Atharva Veda.
Value of atmospheric pressure is 1 atm or 760 mm of hg. But if you are under dome, which is a hemispheric hollow pyramid shape pressure distribution changes, then you will not feel so much force on your mind. Because due to round shape pressure gets spread on the rim/circumference of hemisphere of dome.
According to Aagama Shastra. Those materials or rocks which have the capability to capture and reflect the sound waves the most must be chosen to build temple domes. That’s why, once you enter any famous temple, you will observe silence and peace around you and the most fascinating thing is, we feel COOL and temperature in a temple is always less than the atmospheric temperature.
In all religious places the deity is placed at the center of the dome which is in a pyramid shape and all the electromagnetic waves are reflected to concentrate at this center and the Idol is positively charged. These electromagnetic waves are produced when one chant any Mantra. So different mantra have different powers. So when any devotee touches the feet of an idol, it gets a part of the positively charged power from the Idol, in whatever form it may be. Same is the reason why we touch the feet of our elders and they bless us by placing their hand on our head
It is a totally scientific process which are given by ancient saints.
Hinduism is not a religion. It is a way of life. A unique system bound with immense treasures of intricate knowledge of science.
*LEARN Sanskrit*🙏🏻
*पौत्रः* Grandson
*पौत्री* Granddaughter
*🚣🚴🏇🏁🏊Sports:*
1. *The India women's Test and ODI skipper Mithali Raj and vice-captain Harmanpreet Kaur on Tuesday thanked the Board of Control for Cricket in India (BCCI) for not only arranging charters to take the cricketers to Mumbai for the two-week quarantine ahead of the UK tour, but also for conducting regular RT-PCR tests at home with an eye on COVID-19* .
2. *A Delhi Court on Tuesday refused to grant anticipatory bail to absconding Olympic medallist Sushil Kumar in the murder case of a wrestler,* saying that he is 'prima facie' the main conspirator and allegations against him are serious in nature.
3. DDNewsliveThe Sports Ministry has approved an assistance of Rs 2,50,00 to former Asian Games gold medallist Joseph James under the Pandit Deendayal Upadhyay’s National Welfare for the Sportspersons. The winner of the Asian Games gold medal in 2006 and a gold at the Asian Powerlifting Championship in 2008, Joseph James developed serious breathing issues on 24th of April after contracting COVID-19.
*USD 73.04 💷GBP 103.71*
_In Delhi (UT)_
*🥇Gold ₹ 50,710©10 gm 24 (Krt)*
🥈 *Silver ₹72,000©Kg*
⛽ *Petrol ₹ 92.85*
⛽ *Diesel ₹ 83.51*
*LPG : ₹ 809/14.2 Kg*
*BSE Sensex* 50,193.33
*NIFTY* : 15,108.10
*🇮🇳Facts about India🇮🇳*
*Fundamental Rights of Indian Citizen:-* (According to part III, articles 14-30)
1. Right to equality
2. Right to freedom
3. Right to freedom of religion
4. Right against exploitation (Such as, child labour, slavery, begging & etc)
5. Cultural & educational rights
6. Right to constitutional remidies
Right to property was deleted in 44th amendment
*😀Thought of the day*
You are the creator of your own destiny
*Joke of the day*
*Teacher* : jisko kaan👂🏻 sunaayi nahi deta hai, aap use kya bulaate hai?
*Student* : kuch bhi bulaa sakte hai. kyunki use sunaayi nahi detaa hai na.🤪😆
*😳Why❓❓❓*
*Why do most of the Temples in India have a dome or conical shaped structure?*
We call this system as the Pancha-gopura system which accounts in Shilpa Shastra and Vayu Shastra of Atharva Veda.
Value of atmospheric pressure is 1 atm or 760 mm of hg. But if you are under dome, which is a hemispheric hollow pyramid shape pressure distribution changes, then you will not feel so much force on your mind. Because due to round shape pressure gets spread on the rim/circumference of hemisphere of dome.
According to Aagama Shastra. Those materials or rocks which have the capability to capture and reflect the sound waves the most must be chosen to build temple domes. That’s why, once you enter any famous temple, you will observe silence and peace around you and the most fascinating thing is, we feel COOL and temperature in a temple is always less than the atmospheric temperature.
In all religious places the deity is placed at the center of the dome which is in a pyramid shape and all the electromagnetic waves are reflected to concentrate at this center and the Idol is positively charged. These electromagnetic waves are produced when one chant any Mantra. So different mantra have different powers. So when any devotee touches the feet of an idol, it gets a part of the positively charged power from the Idol, in whatever form it may be. Same is the reason why we touch the feet of our elders and they bless us by placing their hand on our head
It is a totally scientific process which are given by ancient saints.
Hinduism is not a religion. It is a way of life. A unique system bound with immense treasures of intricate knowledge of science.
*LEARN Sanskrit*🙏🏻
*पौत्रः* Grandson
*पौत्री* Granddaughter
💁🏻♂️ *GK TODAY*
*Fastest land animal* ...... Cheetah
🤔 *How.....* ⁉️
*HOW A DEPILATORY CREAM OR A HAIR REMOVAL CREAM DO THEY WORK?*
The way that depilatory creams work, is that they break down the keratin structure – the proteins, of the hair. This effectively thins and dissolves the base of the hairs to the point where they are weak enough to be broken off when the cream is wiped away. Once a depilatory dissolves the keratin, the hair becomes weak enough to fall loose from its follicle. The resulting substance is a bit like jelly, and it's possible to rub or wash off patches of hair with ease.
The cream contains many alkaline chemicals, hair removal creams will work for you depends on your hair and skin type. The body part on which you're applying cream and the amount of hair you have are factors, too.
🛕 *VEDIC GYAN*
*Shri Hanuman represented with orange colour?*
Once Hanuman asked Sita mata why she wears a Sindhoor on her forehead. Sita mata replied “wearing a sindhoor on my forehead enhances the life of Sri Ram”!.
Sita’s answer overwhelmed Hanuman, and he thought, if a pinch of Sindhoor(kesari/orange)can increase the life span of Sri. Ram, then why not apply it all over my body so that Sri. Ram can live forever!.
Then he procured a bucket full of Sindhoor(kesari) and smeared his whole body with oil and Sindhoor!.
On the other side, Hanuman was born on a tuesday(mangalwar), the day of planet Mars or Mangal, the red planet!.
In astrology, they say, by wearing a red coral or wearing orange/kesari will nullify the negative effects of mars, which is the lord of conjugal relationship!. Afflicted mars in your horoscope may affect your marriage/married life, and maybe your life span too?!.
🧬 *HEALTH CARE:© HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*Cloves* are good for those who have high blood sugar level, as it functions like insulin in the body. It helps to transport the excess sugar from blood into the body cells, thus normalizing the sugar level. Have cloves to protect yourself from diabetes and also to treat it.
╭──────────────────╮
*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*
╰──────────────────╯
*Fastest land animal* ...... Cheetah
🤔 *How.....* ⁉️
*HOW A DEPILATORY CREAM OR A HAIR REMOVAL CREAM DO THEY WORK?*
The way that depilatory creams work, is that they break down the keratin structure – the proteins, of the hair. This effectively thins and dissolves the base of the hairs to the point where they are weak enough to be broken off when the cream is wiped away. Once a depilatory dissolves the keratin, the hair becomes weak enough to fall loose from its follicle. The resulting substance is a bit like jelly, and it's possible to rub or wash off patches of hair with ease.
The cream contains many alkaline chemicals, hair removal creams will work for you depends on your hair and skin type. The body part on which you're applying cream and the amount of hair you have are factors, too.
🛕 *VEDIC GYAN*
*Shri Hanuman represented with orange colour?*
Once Hanuman asked Sita mata why she wears a Sindhoor on her forehead. Sita mata replied “wearing a sindhoor on my forehead enhances the life of Sri Ram”!.
Sita’s answer overwhelmed Hanuman, and he thought, if a pinch of Sindhoor(kesari/orange)can increase the life span of Sri. Ram, then why not apply it all over my body so that Sri. Ram can live forever!.
Then he procured a bucket full of Sindhoor(kesari) and smeared his whole body with oil and Sindhoor!.
On the other side, Hanuman was born on a tuesday(mangalwar), the day of planet Mars or Mangal, the red planet!.
In astrology, they say, by wearing a red coral or wearing orange/kesari will nullify the negative effects of mars, which is the lord of conjugal relationship!. Afflicted mars in your horoscope may affect your marriage/married life, and maybe your life span too?!.
🧬 *HEALTH CARE:© HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*Cloves* are good for those who have high blood sugar level, as it functions like insulin in the body. It helps to transport the excess sugar from blood into the body cells, thus normalizing the sugar level. Have cloves to protect yourself from diabetes and also to treat it.
╭──────────────────╮
*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*
╰──────────────────╯
*Torrent Pharma – Q4FY21 Concall Update – Nirmal Bang Sec.*
*Outlook – Neutral*
The stock is trading at 33.3x FY22E consensus earnings
Q4 results were mixed. Though there was improvement in leverage position resulting in decline in net debt:Equity to 1.6x from 3.2x, sales growth was muted. Gross margins had gone up in Q4 due to higher share of branded business, however it is likely to come down to 73%. The company has finished its domestic sales restructuring and currently has 3600 MRs with Rs 8.5 lacs productivity. The management is targeting Rs 10 lacs and not likely to hire till then. *India* - IPM is likely to grow at 15% in 1HFY22 and the company is expected to outperform the market. *US* sales was muted due to discontinuation of Sartans and regulatory hurdles at Indrad and Dahej. Commercial production at Levittown plant will begin in April and company will start recording sales in Jun’21. The company also aims to restart supplies of sartan’s in US and also had a tentative approval for a derma product in Q4. *Brazil* market is expected to grow at 9-10% in FY22 and Torrent is likely to outperform that. R&D expenses are likely to remain in the range of 6-6.5% and ETR would be 22-25%.
*Outlook – Neutral*
The stock is trading at 33.3x FY22E consensus earnings
Q4 results were mixed. Though there was improvement in leverage position resulting in decline in net debt:Equity to 1.6x from 3.2x, sales growth was muted. Gross margins had gone up in Q4 due to higher share of branded business, however it is likely to come down to 73%. The company has finished its domestic sales restructuring and currently has 3600 MRs with Rs 8.5 lacs productivity. The management is targeting Rs 10 lacs and not likely to hire till then. *India* - IPM is likely to grow at 15% in 1HFY22 and the company is expected to outperform the market. *US* sales was muted due to discontinuation of Sartans and regulatory hurdles at Indrad and Dahej. Commercial production at Levittown plant will begin in April and company will start recording sales in Jun’21. The company also aims to restart supplies of sartan’s in US and also had a tentative approval for a derma product in Q4. *Brazil* market is expected to grow at 9-10% in FY22 and Torrent is likely to outperform that. R&D expenses are likely to remain in the range of 6-6.5% and ETR would be 22-25%.
Adani Green acquired 100% holding of SB Energy India from Soft Bank 80% and Bharti Group 20% for $3.5bn. SB Energy has 4954MW of renewable portfolio. The per MW rate works out to Rs.5.15cr
*CALCULUS DERIVATIVES CORNER*
8 AM.
*Market Summary:*
• Nifty May Futures ended Tuesday’s session at a premium of +43 vs premium of +32.
• The 20th May expiry Put-Call Open Interest Ratio was at 1.21 for Nifty whereas it was 1.20 for Bank Nifty.
• The 20th May expiry Put-Call Volume Ratio was at 1.02 for the Nifty and 0.95 for Bank Nifty.
• For Nifty, Maximum Call Open Interest (OI) stands at 15500 Strike Price, followed by 15300 Strike Price for 20th May Series. Short covering was seen at strike prices 14600-15000.
• Maximum Put Open Interest (OI) was seen at strike price 14700 followed by 14500 strike prices for 20th May series. Long unwinding was seen at strike prices 13600-14300.
• For Bank Nifty, Maximum Call Open Interest (OI) stands at 34000 Strike Price and Maximum Put Open Interest stands at 32000 Strike Price.
• As per Tuesday’s Provisional Data available on the NSE, FIIs bought shares worth Rs. 618.49 crores in the Indian Equity Market. DIIs too bought shares worth Rs. 449.52 crores in the Indian Equity market.
• Long Buildup: FEDERALBANK, TATAMOTORS, POWERGRID, ICICIBANK.
• Short Buildup: BHARTIARTL, COLPAL, ALKEM, MFSL.
• Short Covering: HINDPETRO, APOLLOTYRE, HCLTECH, JSWSTEEL.
• Long Unwinding: CANBK, CADILA, DRREDDY’S, TORNTPHARM.
• Stocks banned in F&O segment: BHEL, CADILA, NATIONALUM, PNB, SAIL, SUNTV.
• New in Ban: NATIONALUM.
• Out of Ban: CANBK.
8 AM.
*Market Summary:*
• Nifty May Futures ended Tuesday’s session at a premium of +43 vs premium of +32.
• The 20th May expiry Put-Call Open Interest Ratio was at 1.21 for Nifty whereas it was 1.20 for Bank Nifty.
• The 20th May expiry Put-Call Volume Ratio was at 1.02 for the Nifty and 0.95 for Bank Nifty.
• For Nifty, Maximum Call Open Interest (OI) stands at 15500 Strike Price, followed by 15300 Strike Price for 20th May Series. Short covering was seen at strike prices 14600-15000.
• Maximum Put Open Interest (OI) was seen at strike price 14700 followed by 14500 strike prices for 20th May series. Long unwinding was seen at strike prices 13600-14300.
• For Bank Nifty, Maximum Call Open Interest (OI) stands at 34000 Strike Price and Maximum Put Open Interest stands at 32000 Strike Price.
• As per Tuesday’s Provisional Data available on the NSE, FIIs bought shares worth Rs. 618.49 crores in the Indian Equity Market. DIIs too bought shares worth Rs. 449.52 crores in the Indian Equity market.
• Long Buildup: FEDERALBANK, TATAMOTORS, POWERGRID, ICICIBANK.
• Short Buildup: BHARTIARTL, COLPAL, ALKEM, MFSL.
• Short Covering: HINDPETRO, APOLLOTYRE, HCLTECH, JSWSTEEL.
• Long Unwinding: CANBK, CADILA, DRREDDY’S, TORNTPHARM.
• Stocks banned in F&O segment: BHEL, CADILA, NATIONALUM, PNB, SAIL, SUNTV.
• New in Ban: NATIONALUM.
• Out of Ban: CANBK.
*Good Morning & Welcome to Wednesday's trading action at Dalal Street dated 19th of May 2021.*
Overnight at Wall Street, U.S Stocks fell broadly and most importantly, safe havens were hard to find. Value and growth stocks both took lumps.
Amidst this backdrop, SGX Nifty is treading water in early action indicating —— Dalal Street will struggle for altitude and a muted session quite likely.
*The big question: What’s next?*
Investors are looking towards Wednesday’s release of minutes from the Federal Reserve’s most recent meeting to help gauge the central bank’s tolerance for pricing pressures in the aftermath of the COVID pandemic.
Please note, inflation fears had plagued the stock markets across globe last week.
*7 AM GLOBAL UPDATE:*
• SGX Nifty (-37, 15115)
• DOW (-267, 34061)
• NASDAQ (-75, 13304)
• BRAZIL BOVESPA (+42, 122979)
• Nikkei (-438, 27976)
• HANG SENG (+244, 28438)
Instrument CMP Bias
OIL $65 a barrel Positive
GOLD $1868 Positive
Silver 28.44 Positive
USD/INR 73.04 Negative
*INSTITUTIONS:*
• FII: +618.49 Cr
• DII: +449.52 Cr
*THEME OF THE DAY:*
• Global: Negative.
• FII: Positive (+618.49 Cr)
• DII: Positive (+449.52 Cr)
• F&O: 14700-15500 zone
• Trend: Up
• Sentiment: Precarious
• Technicals: Upside breakout.
• Theme: Nifty to reclaim 15432
*All ABOUT NIFTY & BANK NIFTY’ CRUCIAL LEVELS*
NIFTY (CMP 15108):
• SUPPORT: 15001/14787
• RESISTANCE: 15432/15751
• RANGE: 15001-15301
• BIAS: Positive.
BANK NIFTY (CMP 33922):
• SUPPORT: 33301/31837
• RESISTANCE: 34251/35107
• RANGE: 33301-35001
• BIAS: Positive.
*THEME OF THE DAY:*
In early action, SGX Nifty struggling for altitude —— indicating a muted start for our stock markets. That brings us to the biggest question of the day:
• Will last 2-days of positivity spill over to today’s trade?
• How long can markets remain buoyant?
Well, our *call of the day* suggests that Nifty will attempt to extrapolate optimism from the strong finish seen in yesterday’s trade. We suspect, fear of missing out (FOMO) is also likely to rule traders’ mindset. The theme at Dalal Street continues to be ‘Enthused Bulls and Arrested Bears’.
Technically speaking, Nifty’s make-or-break supports are placed at 14786 mark. As long as Nifty’s 14786 support holds, the benchmark will aim its all-time-high at 15432 mark and then all bullish bets at magical 16000 mark. Nifty’s intraday supports are placed at 15001mark
*Bottom-line:* A sharp drop in Covid-19 cases in India coupled with good corporate results are seen as positive catalyst for our stock markets. Vaccine rollouts are also expected to get faster.
Long story short: Upwards and upwards goes Nifty — with absolutely no signs of hesitation!
Our *chart of the day* is bullish on stocks like VEDANTA & BERGER PAINTS and HEROMOTO CORP on the buy side with interweek/intermonth perspective. *HCL TECH could be a dark horse.*
*Now, here are other key things to know before today’s market opens:*
• The options data for May Series suggests Nifty is likely to be in a broader trading range of 14700-15500 as maximum Call OI is at 15000 followed by 15500 strike price. Maximum Put open interest stands at 14500 levels followed by 14800 levels. Call writing was seen at 15800 and then at 15600 strike price, while there was meaningful Put writing at 15000 and then at 15100 strike prices.
• As per Tuesday’s Provisional Data available on the NSE, FIIs bought shares worth Rs. 618.49 crores in the Indian Equity Market. DIIs too bought shares worth Rs. 449.52 crores.
• Tata Motors posted a consolidated loss at Rs 7,605.4 crore in the quarter ended March 2021 despite a sharp growth in revenue though on a low base. Asset write-downs and restructuring costs with respect to new JLR's strategy Reimagine - Rs 14,994.30 crore impacted the bottomline.
• The government will sell nearly 2 per cent stake in AXIS BANK held through Specified Undertaking of the Unit Trust of India (SUUTI), a move that’s expected to fetch around Rs 3,969 crore to the exchequer in divestment receipts.
Overnight at Wall Street, U.S Stocks fell broadly and most importantly, safe havens were hard to find. Value and growth stocks both took lumps.
Amidst this backdrop, SGX Nifty is treading water in early action indicating —— Dalal Street will struggle for altitude and a muted session quite likely.
*The big question: What’s next?*
Investors are looking towards Wednesday’s release of minutes from the Federal Reserve’s most recent meeting to help gauge the central bank’s tolerance for pricing pressures in the aftermath of the COVID pandemic.
Please note, inflation fears had plagued the stock markets across globe last week.
*7 AM GLOBAL UPDATE:*
• SGX Nifty (-37, 15115)
• DOW (-267, 34061)
• NASDAQ (-75, 13304)
• BRAZIL BOVESPA (+42, 122979)
• Nikkei (-438, 27976)
• HANG SENG (+244, 28438)
Instrument CMP Bias
OIL $65 a barrel Positive
GOLD $1868 Positive
Silver 28.44 Positive
USD/INR 73.04 Negative
*INSTITUTIONS:*
• FII: +618.49 Cr
• DII: +449.52 Cr
*THEME OF THE DAY:*
• Global: Negative.
• FII: Positive (+618.49 Cr)
• DII: Positive (+449.52 Cr)
• F&O: 14700-15500 zone
• Trend: Up
• Sentiment: Precarious
• Technicals: Upside breakout.
• Theme: Nifty to reclaim 15432
*All ABOUT NIFTY & BANK NIFTY’ CRUCIAL LEVELS*
NIFTY (CMP 15108):
• SUPPORT: 15001/14787
• RESISTANCE: 15432/15751
• RANGE: 15001-15301
• BIAS: Positive.
BANK NIFTY (CMP 33922):
• SUPPORT: 33301/31837
• RESISTANCE: 34251/35107
• RANGE: 33301-35001
• BIAS: Positive.
*THEME OF THE DAY:*
In early action, SGX Nifty struggling for altitude —— indicating a muted start for our stock markets. That brings us to the biggest question of the day:
• Will last 2-days of positivity spill over to today’s trade?
• How long can markets remain buoyant?
Well, our *call of the day* suggests that Nifty will attempt to extrapolate optimism from the strong finish seen in yesterday’s trade. We suspect, fear of missing out (FOMO) is also likely to rule traders’ mindset. The theme at Dalal Street continues to be ‘Enthused Bulls and Arrested Bears’.
Technically speaking, Nifty’s make-or-break supports are placed at 14786 mark. As long as Nifty’s 14786 support holds, the benchmark will aim its all-time-high at 15432 mark and then all bullish bets at magical 16000 mark. Nifty’s intraday supports are placed at 15001mark
*Bottom-line:* A sharp drop in Covid-19 cases in India coupled with good corporate results are seen as positive catalyst for our stock markets. Vaccine rollouts are also expected to get faster.
Long story short: Upwards and upwards goes Nifty — with absolutely no signs of hesitation!
Our *chart of the day* is bullish on stocks like VEDANTA & BERGER PAINTS and HEROMOTO CORP on the buy side with interweek/intermonth perspective. *HCL TECH could be a dark horse.*
*Now, here are other key things to know before today’s market opens:*
• The options data for May Series suggests Nifty is likely to be in a broader trading range of 14700-15500 as maximum Call OI is at 15000 followed by 15500 strike price. Maximum Put open interest stands at 14500 levels followed by 14800 levels. Call writing was seen at 15800 and then at 15600 strike price, while there was meaningful Put writing at 15000 and then at 15100 strike prices.
• As per Tuesday’s Provisional Data available on the NSE, FIIs bought shares worth Rs. 618.49 crores in the Indian Equity Market. DIIs too bought shares worth Rs. 449.52 crores.
• Tata Motors posted a consolidated loss at Rs 7,605.4 crore in the quarter ended March 2021 despite a sharp growth in revenue though on a low base. Asset write-downs and restructuring costs with respect to new JLR's strategy Reimagine - Rs 14,994.30 crore impacted the bottomline.
• The government will sell nearly 2 per cent stake in AXIS BANK held through Specified Undertaking of the Unit Trust of India (SUUTI), a move that’s expected to fetch around Rs 3,969 crore to the exchequer in divestment receipts.
• *Q4 earnings to trickle in today:* INDIAN OIL, JKTYRE, ENDURANCE TECHNOLOGY, IBULHSGFIN.
• *Stock banned in F&O segment:* BHEL, CADILA, NATIONALUM, PNB, SAIL, SUNTV.
*Disclaimer:* Our subscribers/clients may have positions in the stocks recommended in this note. Please note that the actual subscribers may receive additional information in real time not available to the viewers of this note. This does not construe to be an investment advice. Stock market investments are subject to market risks. No content on this blog should be construed to be investment advice. You should consult a qualified financial advisor prior to making any actual investment or trading decisions. All information is a point of view, and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this blog being used for actual investments. While we may talk about strategies or positions in the market, our intent is solely to showcase effective risk-management in dealing with financial instruments. This is purely an information service and any trading done on the basis of this information is at your own, sole risk.
• *Stock banned in F&O segment:* BHEL, CADILA, NATIONALUM, PNB, SAIL, SUNTV.
*Disclaimer:* Our subscribers/clients may have positions in the stocks recommended in this note. Please note that the actual subscribers may receive additional information in real time not available to the viewers of this note. This does not construe to be an investment advice. Stock market investments are subject to market risks. No content on this blog should be construed to be investment advice. You should consult a qualified financial advisor prior to making any actual investment or trading decisions. All information is a point of view, and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this blog being used for actual investments. While we may talk about strategies or positions in the market, our intent is solely to showcase effective risk-management in dealing with financial instruments. This is purely an information service and any trading done on the basis of this information is at your own, sole risk.
Citi on Tata Motors
Buy Call
Target Raised to Rs 395
--
UBS on Tata Motors
Neutral
Target Rs 360
--
CLSA on Tata Motors
Buy Call
Target Raised to Rs 450
Clsa on Tata Motors
Hikes price target from Rs 425 to Rs 450/sh
JLR: strong Ebitda as expectedandFCF surprises positively
India: stronger margin in CV and PV drive FCF improvement
Value the India business at Rs243/share and JLR at Rs209/share
Buy Call
Target Raised to Rs 395
--
UBS on Tata Motors
Neutral
Target Rs 360
--
CLSA on Tata Motors
Buy Call
Target Raised to Rs 450
Clsa on Tata Motors
Hikes price target from Rs 425 to Rs 450/sh
JLR: strong Ebitda as expectedandFCF surprises positively
India: stronger margin in CV and PV drive FCF improvement
Value the India business at Rs243/share and JLR at Rs209/share
Stock in news
Positive
Guj alkalies,Lnt,Itc,Ioc, Jswenergy,Hind copper,Hind tin, Ibullhsg,Tatamotor,Gipcl,Jslhissar,Astral,Ashokley.
Negative
Axisbk.
Nifty range 14900-15250
Positive
Guj alkalies,Lnt,Itc,Ioc, Jswenergy,Hind copper,Hind tin, Ibullhsg,Tatamotor,Gipcl,Jslhissar,Astral,Ashokley.
Negative
Axisbk.
Nifty range 14900-15250
*SGX Nifty -61 pts (15090) from last trade 15151*
Nikkei -266 pts,
Hangseng clsd,
Now @6.52am.
Dow -267.13 pts ,Nsdq -75.41 pts, S&P -35.46 pts, Bovespa +42 pts , Ftse +1 pts , Dax -10 pts , Cac -13 pts , Crude @ $65.27 brl (-0.21), Brent @ $68.71 brl (+0.00) , Gold @ 1871.30 (+3.30), Silver @ $28.29 (-0.04), Euro @ $1.2223, JPY @ $108.86 INR @ 73.125
*Today's Corporate Action*
*19th May Ex Date*
GCCLINP
E.G.M.
IRBINVIT
Income Distribution (InvIT)
POWERINDIA
Dividend - Rs. - 2.0000
*Today's Key Results/Board Meetings*
*19-May-21*
ANGEL
Audited Results
CLNINDIA
Audited Results;
Final Dividend; General; Quarterly Results
ENDURANCE
Audited Results;
Final Dividend
GRAVITA
Audited Results
HERITGFOOD
A.G.M.; Audited Results; Final Dividend
IBULHSGFIN
Audited Results;
Interim Dividend; General
INDORAMA
Audited Results
INEOSSTYRO
Audited Results; Dividend
INNOVATORS
General
IOC
Audited Results;
Final Dividend
IRFC
General
JKTYRE
Audited Results; Dividend
KAYA
Audited Results
MANCREDIT
Audited Results;
Final Dividend
MANINFRA
Audited Results
MASFIN
Audited Results; Final Dividend; General; Quarterly Results
MORARJEE
A.G.M.; Audited Results
NIYOGIN
Audited Results; General
PRSMJOHNSN
Audited Results
RANEENGINE
Audited Results
REDEXPR
Audited Results;
Quarterly Results
RSSOFTWARE
Audited Results;
Quarterly Results
SHRIRAMEPC
Preferential Issue of shares
SINTEXPLAST
General
SMLISUZU
Audited Results
SRAMSET
Audited Results
TANLA
Audited Results; Employees Stock Option Plan; Final Dividend; General
TCIEXP
Audited Results; Final Dividend
TDPOWERSYS
Audited Results; Final Dividend; General
VISHNU
Audited Results; Dividend;
Quarterly Results
ZUARI
Audited Results
*Stock under F&O ban on NSE*
*19-May-21*
1BHEL
2CADILAHC
3NATIONALUM
4PNB
5SAIL
6SUNTV
Nikkei -266 pts,
Hangseng clsd,
Now @6.52am.
Dow -267.13 pts ,Nsdq -75.41 pts, S&P -35.46 pts, Bovespa +42 pts , Ftse +1 pts , Dax -10 pts , Cac -13 pts , Crude @ $65.27 brl (-0.21), Brent @ $68.71 brl (+0.00) , Gold @ 1871.30 (+3.30), Silver @ $28.29 (-0.04), Euro @ $1.2223, JPY @ $108.86 INR @ 73.125
*Today's Corporate Action*
*19th May Ex Date*
GCCLINP
E.G.M.
IRBINVIT
Income Distribution (InvIT)
POWERINDIA
Dividend - Rs. - 2.0000
*Today's Key Results/Board Meetings*
*19-May-21*
ANGEL
Audited Results
CLNINDIA
Audited Results;
Final Dividend; General; Quarterly Results
ENDURANCE
Audited Results;
Final Dividend
GRAVITA
Audited Results
HERITGFOOD
A.G.M.; Audited Results; Final Dividend
IBULHSGFIN
Audited Results;
Interim Dividend; General
INDORAMA
Audited Results
INEOSSTYRO
Audited Results; Dividend
INNOVATORS
General
IOC
Audited Results;
Final Dividend
IRFC
General
JKTYRE
Audited Results; Dividend
KAYA
Audited Results
MANCREDIT
Audited Results;
Final Dividend
MANINFRA
Audited Results
MASFIN
Audited Results; Final Dividend; General; Quarterly Results
MORARJEE
A.G.M.; Audited Results
NIYOGIN
Audited Results; General
PRSMJOHNSN
Audited Results
RANEENGINE
Audited Results
REDEXPR
Audited Results;
Quarterly Results
RSSOFTWARE
Audited Results;
Quarterly Results
SHRIRAMEPC
Preferential Issue of shares
SINTEXPLAST
General
SMLISUZU
Audited Results
SRAMSET
Audited Results
TANLA
Audited Results; Employees Stock Option Plan; Final Dividend; General
TCIEXP
Audited Results; Final Dividend
TDPOWERSYS
Audited Results; Final Dividend; General
VISHNU
Audited Results; Dividend;
Quarterly Results
ZUARI
Audited Results
*Stock under F&O ban on NSE*
*19-May-21*
1BHEL
2CADILAHC
3NATIONALUM
4PNB
5SAIL
6SUNTV
*Good Morning*
• Jaguar Land Rover Owner Swings to Profit as China Sales Jump
• After Huarong Woes, India’s Bad Bank to Keep Tight Cap on Debt
• Fuel Exports From India Soar as Pandemic Slams Local Demand
• India Grapples With LNG Oversupply as Virus Dashes Demand
• India’s SUUTI Plans to Sell Up to 1.95% Stake in Axis Bank
• India CCI Approves Adani Buy of 25% More in Krishnapatnam
o CCI Approves Buying Yes AM & Yes Trustee by GPL Finance
• Global Funds Buy Net INR6.18B of India Stocks on Tuesday: NSE
o Domestic funds buy net 4.5b rupees of stocks
• Foreign Investors Sell Net INR13.6B of Indian Equities on May 17
• Foreigners Buy Net INR82.5B of Indian Equity Derivatives Tuesday
• Tauktae weakens as cyclonic storm but rains lash parts of Guj: PTI
• India’s mineral production up 6 pc in March: PTI
• Vijay Mallya loses bankruptcy petition amendment High Court battle in UK: PTI
• GSK Pharma India (GLXO): 4Q net income -90% y/y to 143.3m rupees vs. 1.38b; 4Q has exceptional charge 1.19b
• Sun Pharmaceutical (SUNP): Says LIC of India raises stake in co. to 7.03% from 5%
• Tata Motors (TTMT): 4Q net loss 76.1b rupees Vs. loss 98.94b Y/y; revenue +42% y/y to 886.3b; JLR swings to profit
• Torrent Pharma (TRP): 4Q net income +3.2% y/y to 3.24b rupees, beats est. 2.73b; revenue +1.6% to 3.24b
• Axis Bank (AXSB): SUUTI’s offer-for-sale at floor price of 680 rupees/shr
• Jaguar Land Rover Owner Swings to Profit as China Sales Jump
• After Huarong Woes, India’s Bad Bank to Keep Tight Cap on Debt
• Fuel Exports From India Soar as Pandemic Slams Local Demand
• India Grapples With LNG Oversupply as Virus Dashes Demand
• India’s SUUTI Plans to Sell Up to 1.95% Stake in Axis Bank
• India CCI Approves Adani Buy of 25% More in Krishnapatnam
o CCI Approves Buying Yes AM & Yes Trustee by GPL Finance
• Global Funds Buy Net INR6.18B of India Stocks on Tuesday: NSE
o Domestic funds buy net 4.5b rupees of stocks
• Foreign Investors Sell Net INR13.6B of Indian Equities on May 17
• Foreigners Buy Net INR82.5B of Indian Equity Derivatives Tuesday
• Tauktae weakens as cyclonic storm but rains lash parts of Guj: PTI
• India’s mineral production up 6 pc in March: PTI
• Vijay Mallya loses bankruptcy petition amendment High Court battle in UK: PTI
• GSK Pharma India (GLXO): 4Q net income -90% y/y to 143.3m rupees vs. 1.38b; 4Q has exceptional charge 1.19b
• Sun Pharmaceutical (SUNP): Says LIC of India raises stake in co. to 7.03% from 5%
• Tata Motors (TTMT): 4Q net loss 76.1b rupees Vs. loss 98.94b Y/y; revenue +42% y/y to 886.3b; JLR swings to profit
• Torrent Pharma (TRP): 4Q net income +3.2% y/y to 3.24b rupees, beats est. 2.73b; revenue +1.6% to 3.24b
• Axis Bank (AXSB): SUUTI’s offer-for-sale at floor price of 680 rupees/shr
Asian markets are trading lower today tracking consolidation trends of the US markets which slipped on worries of Inflationary pressure overshadowing economic growth in post pandemic scenario.
Nikkei is trading 253 points lower
HongKong markets are closed for public holiday
SGX Nifty is trading 77 points lower
Nikkei is trading 253 points lower
HongKong markets are closed for public holiday
SGX Nifty is trading 77 points lower
*🔹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
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
GM jsk stock in news guj alkalies,lnt,itc,ioc, jswenergy,hind copper,hind tin, ibullhsg,piind,tatamoto,gipcl,jslhissar,astral,ashokley. Negative stocks axisbk. Nifty range 14925-15225.
Money Market Update
The rupee ended at 73.04 against the U.S. Dollar on Tuesday as compared to Monday's closing of 73.21.
The rupee ended at 73.04 against the U.S. Dollar on Tuesday as compared to Monday's closing of 73.21.