🚨16/04/2025 Market Updates 🚨

1. Rupee opens at 85.61/$ vs Tuesday’s close of 85.77/$

2. IndusInd Bank faces three senior level exits after ₹1,979 crore derivatives loss

3. FIIs net buy ₹6,065.78 crore while DIIs net sell ₹1,951.60 crore in equities yesterday

4. TATA MOTORS, JBM: Sources Say, Govt To Launch Tender For Procurement Of 10,000 eBuses

5. ICICIBank cuts savings deposit rate by 25 bps effective today

🚨17/04/2025 Market Updates🚨

1. Wipro shares get a downgrade, price target cuts on weak Q1 guidance as clients turn cautious

2. SBI CARDS: Partners With Tata Digital To Launch Tata Neu SBI Card

3. IRFC/ Madras High Court Sets Aside GST Demand Order Of ₹230.55 Cr

4. TANLA: Partnered With 2 Overseas Telcos To Deploy Its Messaging As A Platform In Q1

5. WAAREE RE: Revenue Up 74%, EBITDA Rises 68% YoY

6. UltraTech Cement acquires 26% stake in solar power firm AMPIN C&I Power Eight

7. FIIs net buy ₹3,936.42 crore while DIIs net sell ₹2,512.77 crore in equities yesterday

*Market Summary*
• *Global Cues:* US markets fell ~3% after Fed’s tariff warning; Dollar index dropped. GIFT Nifty indicates weak opening.

• *Domestic Market:* Nifty closed higher yesterday, led by financials and strong mid/small caps. FIIs net buyers for 2nd day (+Rs.3936cr).

• *Nifty Outlook:* Likely to consolidate; expiry range seen at 23050/23250–23600/23750.
• Top Buys: Solar Industries, Cholamandalam Investment, Indian Bank, Glenmark Pharma.

• *Key Results Today:* Infosys, HDFC Life, HDFC AMC, Jio Financial, Tata Elxsi.
• Notable Updates:
• Dalmia Bharat: Land worth Rs.793cr attached by ED.
• DLF: Sells Kolkata IT SEZ project for Rs.693cr.
• BHEL: Tech transfer pact with BARC for hydrogen electrolyser.
• Glenmark: Launches Adderall generic in May.
• Paytm: CEO surrenders stock options, Rs.492cr one-time expense.
• Tata Steel: To build green hydrogen corridor from Oman to Europe.

• *Derivatives:* Nifty PCR at 0.85, VIX at 15.86; Range: 23200–23600.

• *Securities in Ban:* BSOFT, HINDCOPPER, IREDA, MANAPPURAM, NATIONALUM.

• *Holiday:* Markets closed tomorrow (Good Friday).

🚨21/04/2025 Market Updates 🚨

Rupee opens at 85.10/$ vs Thursday’s close of 85.37/$

1. HDFC BANK: Q4 Above Estimates, NIM On Total Assets At 7-qtr High Of 3.54%

2. ICICI BANK: Q4 Above Estimates, Asset Quality Improves QoQ

3. ADANI PORTS: Non-cash Deal For Australian Port Asset, Analysts See +ve Impact On Earnings

4. ITC: To Acquire 24 Mantra Organic For ₹473 Cr & Balance Stake In Mother Sparsh For ₹81 Cr

5. VEDANTA: Odisha HC Stays ₹71 Cr Environmental Demand

6. MTNL: defaults on bank loans worth ₹8,346 crore

🚨22/04/2025 Market Updates🚨

1. BANKS: RBI Has Eased LCR Norms Vs Draft, Addl Run-off Rate At 2.5% Vs Proposed 5%

2. STEEL STOCKS: Govt Imposes 12% Safeguard Duty On Imports Of Non-Alloy & Alloy Steel Flat PdtS

3. ⁠COAL INDIA: MoU With DCV To Set Up 2X800 MW UltraSupercritical Power Plants In Jharkhand

4. VEDANTA: Promoter Entity Enters Into A Debt Agreement For $530 m

5. BRIGADE ENT: Joint-development agreement For 20-acre Plot In Bangalore, Gross Dvpt Potential ₹175 Cr

6. ⁠HG INFRA: Bags 300 MW/600 MWH Battery Energy Storage Systems Proj In Gujarat

7. TATA POWER: RE Arm Partners With Tata Motors To Set Up 131 MW Wind-Solar Hybrid project

8. ANANT RAJ: EBITDA Rises 36.50%, Margin At 26.30% Vs 23.60% (YoY)

9. HIMADRI SPECIALITY: EBITDA Up 30%, Margin At 20.60% Vs 15.30%(YoY)

10. PITTI ENGG: EBITDA Up 54.30%, Margin At 17.10% Vs 15.50% (YoY)