Market Highlights

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Get the latest Indian stock / share market highlights, BSE/NSE stock news, business research reports & details - updated daily by Money Times.

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April 13, 2022

• • India’s Inflation Soars to a 17-Month High on War Impact
• o March Consumer Prices Rise 6.95% Y/y, Est. +6.40%
• • India Feb. Industrial Production Rises 1.7% Y/y, Est. +2.7%
• • India Aims INR1.6T Asset Monetization in FY23, Official Says
• • OfBusiness Said to Seek $2 Billion in Mega Indian Tech IPO
• o OfBusiness could file initial IPO documents around Oct.
• • India’s Southwest Monsoon Seen Normal in 2022, Skymet Says
• • Rising Employee Costs to Narrow Margins for Infosys: Preview
• • Equity Infusion to Improve Adani Trans’ Rating Headroom: Fitch
• • Global Funds Sell Net INR31.3B of India Stocks Tuesday: NSE
• o Domestic funds buy net 8.7b rupees of stocks
• • Foreign Investors Sell Net INR14.6B of India Equities on Monday
• • Foreigners Sell Net INR21.8B of India Equity Derivatives Tuesday
• • Sri Lanka Will Default on Foreign Debt to Save Cash for Food
• • Asia Ex-Japan 1Q GDP Forecast Steady; Philippines Seen at 5.8%
• • India May Raise Subsidy on 25 Fertilizer Products: ET Now
• • Fino Payments Bank (FINOPB): Approve to Acquire 12.19% Stake in Paysprint Pvt.
• • HeidelbergCement India (HEIM): Commissions Madhya Pradesh 5.5MW Solar Plant
• • ICICI Bank (ICICIBC): To Consider Debt Securities Issue on April 23
• • RITES (RITE): Co. and Tata Steel to Jointly Explore Integrated Infra Services
• • Simplex Infrastructures (SINF): To Raise Up to INR4.22B via shares, warrants; to Issue shares at INR56.61 each to Swan Constructions
• • TVS Motor Co (TVSL): Says Swiss Unit Acquires Passion Velo for CHF 2.79M
• • UPL (UPLL): UPL Pollution Control Dam at South African Chemical Depot Spills
• • Wipro (WPRO): Says Convergence Acceleration Acquisition Completed