Closing Indices

05 APRIL 2022 

Bse Sensex Closed @ 60176.50 🔻 435.24 Points 

Nse Nifty Closed @ 17957.40 🔻 96.00 Points 

Bank Nifty Closed @ 38067.90 🔻 567.30 Points 

India VIX Closed @ 18.4875 🆙 0.5800 Points 

Corporate Update

Today's Corporate Action 5th Apr Ex Date

WIPRO Interim Dividend - Rs. - 5.0000


Today's Key Results/Board Meetings 5-Apr-22

BHAGCHEM Right Issue of Equity Shares
CANOPYFIN General
DWL General
GILADAFINS Bonus issue
INDINFR General
KHOOBSURAT General
MERMETL Increase in Authorised Capital;General
RUCHINFRA General
SPSINT Preferential Issue of shares
SRESTHA Increase in Authorised Capital;General
VBIND General
ZMILGFIN Increase in Authorised Capital;General;Preferential Issue of shares

Stock under F&O ban on NSE 5-Apr-22

None

Investors Meet

Investors Meet

Tata Steel: The company's officials will meet BlackRock Investment Management. 

Krsnaa Diagnostics: The company's officials will meet TATA Mutual Fund. 

Ujjivan Small Finance Bank: The company's officials will meet Kotak MF, ICICI Prudential AMC, and Birla MF. 

Jubilant Pharmova: The company's officials will meet Goldman Sachs Asset Management, Aviva Life Insurance, and Alchemy Capital. 

Infibeam Avenues: The company's officials will attend Jefferies India Fintech Summit. 

Rossari Biotech: The company's officials will attend HDFC Securities - Investor Forum for Chemical Sector. 

Ajmera Realty & Infra India: The company's officials will meet Anand Rathi Securities. 

Antony Waste Handling Cell: The company's officials will meet investors and analysts.

IN News

In News

Zomato: Competition Commission of India orders investigation against online food delivery platforms Zomato and Bundl Technologies, the operator of Swiggy, into some of their conduct following a complaint filed by National Restaurant Association of India that alleged contravention of rules by the two companies. 

SBI Card and Payment Services: Private equity firm Carlyle Group will sell its entire stake in SBI Cards and Payments Services Ltd for as much as Rs 2,558 crore, according to deal terms seen by Moneycontrol. CA Rover Holdings, a Carlyle entity, which as of December 2021 quarter, held 29.20 million shares or 3.09 percent stake in SBI Cards will sell its entire stake in the firm, through a block trade. The shares being offered between Rs 851.50-876.75 a share, that represents around 3 percent discount to the current market price. 

3i Infotech: The company has secured a cloud transformation deal for its NuRe platform, from one of the large commercial banks in Asia-Pacific region. Deal size is approximately Rs 6.04 crore. 

IRB Infrastructure Developers: The project of eight lane Vadodara Kim Expressway in Gujarat under NHDP Phase - VI on Hybrid Annuity Mode implemented by its subsidiary has received a Provisional Certificate from the Competent Authority. The subsidiary received Provisional Certificate after substantial completion of the works in 22.585 km out of 23.740 km of the project highway. Consequently, the SPV is eligible for receipt of Bi-annually annuity payments from NHAI for the operation period of 15 years. 

IndusInd Bank: The private sector lender said net advances of Rs 2.39 lakh crore at the end of March 2022 quarter grew by 13 percent compared to year-ago period and up 5 percent compared to previous quarter. Deposits increased by 15 percent YoY and 3 percent QoQ to Rs 2.93 lakh crore in Q4FY22. 

Max Healthcare Institute: SBI Funds Management acquired more than 1 crore equity shares in the company via open market transactions on March 31. With this, its shareholding in the company stands at 9.22 percent, up from 8.19 percent earlier. 

Tata Consultancy Services: The country's largest IT services firm has entered into a strategic partnership with Payments Canada, the country's largest payment organization, to transform its payment system operations and help implement the Real-Time Rail (RTR). This new real-time payments system will allow Canadians to initiate payments and receive irrevocable funds in seconds, 24/7/365.

Key Events

Key events to watch this week:

Reserve Bank of Australia rate decision, Tuesday
Fed Governor Lael Brainard speaks, Tuesday
Federal Reserve minutes, Wednesday
China Caixin composite and services PMI, Wednesday
EIA crude oil inventory report, Wednesday
Philadelphia Fed President Patrick Harker speaks, Wednesday
St. Louis Fed’s James Bullard, Atlanta Fed’s Raphael Bostic, Chicago Fed’s Charles Evans speak at separate events, Thursday
Reserve Bank of India rate decision, Friday

Some of the main moves in markets:

Stocks
The S&P 500 rose 0.8% as of 4 p.m. New York time
The Nasdaq 100 rose 2%
The Dow Jones Industrial Average rose 0.3%
The MSCI World index rose 0.8%

Currencies
The Bloomberg Dollar Spot Index rose 0.2%
The euro fell 0.7% to $1.0970
The British pound was unchanged at $1.3114
The Japanese yen fell 0.2% to 122.76 per dollar

Bonds
The yield on 10-year Treasuries advanced two basis points to 2.40%
Germany’s 10-year yield declined five basis points to 0.51%
Britain’s 10-year yield declined six basis points to 1.55%

Commodities
West Texas Intermediate crude rose 4.4% to $103.60 a barrel
Gold futures rose 0.7% to $1,936.70 an ounce