Market Highlights

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April 20, 2022

• Natural Gas down 10%.
• Brent Crude down 5%.
• Dow up 400 and Nasdaq up 200.
• *EARNINGS (net income adj. ests. in INR where available):* * ACC Ltd. (ACC) 1Q 4.18b (7 analysts) * Larsen & Toubro Infotech Ltd. (LTI) 4Q 6.31b (17) * Mastek Ltd. (MAST) 4Q * PCBL Ltd. (PCBL) 4Q * Tata Steel Long Products Ltd. (TATASLPL) 4Q
• Tata Power in action today Tata Power can now charge Rs 2 more per unit of power in Maharashtra - As per the contract, the tariff was supposed to be over Rs 3/unit. Tata power asked for over Rs 5/unit. Maharashtra cabinet has agreed to this demand of tariff hike by Tata Power – positive