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 04, 2022

• • India exports rise to record high of $418B in FY22
• • India Regulator Lowers Cap on Spot Power Price as Demand Surges
• • The 1% Tax That Has India’s Crypto Industry Predicting Chaos
• • India Wealth Fund Said to Drop Investment in TPG-Backed FirstCry o Billionaire Azim Premji steps in to acquire FirstCry holding
• • India’s FX Reserves Fell $2.03b to $617.6b in Week to March 25 o India Official Reserves Drop to Lowest Since August
• • Foreigners’ Interest in Indian Govt Bonds Seen Subdued: Barclays
• • Google Found to Unfairly Block Rival Payments on India Store
• • Sri Lanka Throttles Social Media, Protests as Unrest Builds (2)
• • Khan Throws Pakistan Into Chaos With Disputed Call for Election
• • Global Funds Buy Net INR19.1B India Stocks on Friday: NSE o Domestic funds sell net 1.84b rupees of stocks
• • Foreigners Sell Net INR35.8B of Indian Equity Derivatives Friday
• • Infosys Is Closing its Russian Office: BBC
• • Google-Backed Dunzo Plans to Raise as Much as $300M, Mint Says
• • India on cusp of major economic recovery; talks of stagflation ‘overhyped’: Niti Aayog VC: PTI
• • Maruti Suzuki aims to sell 600,000 CNG units in FY23: PTI
• • Unemployment rate decreasing in India: CMIE: PTI
• • 10:30am: S&P Global’s India Manufacturing PMI for March, prior 54.9
• • Acrysil (ACRY): Unit to Buy UK-Based Tickford Orange, Subsidiary
• • Alkem Lab (ALKEM): ISP Chile Found No Observations Critical to Good Practices Found at Daman Facility
• • Dr Reddy’s Lab (DRRD): To Buy Cardiovascular Brand Cidmus from Novartis
• • Future Enterprises (FEL): Missed INR28.4b Payment Due on March 31
• • Future Lifestyle (FLFL): Paid INR472.6M Under Debt Recast as on March 31
• • Future Retail (FRETAIL): Says Couldn’t Raise Equity Funds, Repay Lenders
• • Hero MotoCorp (HMCL): March Sales 450,154 Units vs 576,957 Year Ago
• • Housing Development Finance (HDFC): Approves Retail Home Loans of Over INR83.67b in 4Q and Gross Dividend Income at INR1.28b
• • Indraprastha Gas (IGL): IGL Raises Piped Gas Price by INR5/SCM in Delhi
• • Maruti Suzuki (MSIL): Production in March 163,392 vs 172,433 Yr Ago
• • NMDC (NMDC): March Sales 4.21M Tons, +3.2% Y/Y; Production 4.98M Tons, +9% Y/Y
• • NTPC (NTPC): NTPC: 250 MW Unit at NSPCL Rourkela on Commercial Operation
• • Reliance (RIL): Future Retail Says Couldn’t Raise Equity Funds, Repay Lenders
• • Sandhar Technologies (SANDHAR): Wins Machinning Business from TVS Motor Co.
• • Tata Motors (TTMT): March Local Sales 86,718 Units Vs. 66,462 Y/y
• • TVS Motor Co. (TVSL): March 2-Wheelar Sales 292,918 Units Vs. 307,397 Yr Ago\