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Indian Intraday Trdaing stocks like Bharti Airtel: Moody's Investors Service has assigned a Baa3 issuer rating to Bharti Airtel. Moody'shas withdrawn the company's Ba1 corporate family rating (CFR). Moody's has also upgraded to Baa3from Ba1 the senior unsecured debt rating on the bonds issued by Bharti as well as on the backedsenior unsecured notes issued by Bharti Airtel Int'l (Netherlands) B.V. Moody's has changed theoutlook on the ratings to stable from positive.Hindalco Industries: The company's consolidated net profit surged to Rs 3851 crore in Q4 March 2022from Rs 1928 crore in Q4 March 2021. Revenue from operations rose to Rs 55764 crore from Rs40507 crore.Zee Entertainment Enterprises: The company's consolidated net profit dropped 34% to Rs 1819 crorein Q4 March 2022 from Rs 2758 crore in Q4 March 2021. Operating revenue rose 18.2% to Rs 23229crore from Rs 19658 crore.Muthoot Finance: The company's consolidated net profit fell to Rs 1006.2 crore in Q4 March 2022from Rs 1023.7 crore in Q4 March 2021. Total income fell to Rs 3041.1 crore from Rs 3118.9 crore.Berger Paints India: The company's consolidated net profit rose 5.6% to Rs 220.29 crore in Q4 March2022 from Rs 208.60 crore in Q4 March 2021. Revenue from operations rose 7.97% to Rs 2187.51crore from Rs 2026.09 crore.Union Bank of India: The board of directors considered & approved raising equity capital notexceeding Rs 3,800 crore through Public Issue (i.e. Follow-on Public Offer) and/or Rights Issue and/orPrivate Placements, including Qualified Institutions Placements and/or Preferential Allotment to theGovernment of India and/or other institutions and/or through any other mode(s); The bank's boardalso approved raising of AT 1 and/or Tier 2 bonds not exceeding Rs 4,300 crore

Indian intraday trading stocks like Infosys: Infosys and Palo Alto Networks, the global cybersecurity leader, announced a 360 degreecollaboration to elevate the security-maturity of large enterprises with mission-critical digitallandscapes and to help prevent the threat of cyberattacks on their critical infrastructure.Coal India: The company's consolidated net profit rose to Rs 6715 crore in Q4 March 2022 from Rs4588.96 crore in Q4 March 2021. Total income rose to Rs 34495.71 crore from Rs 27924.57 crore.Power Finance Corporation: The company's consolidated net profit rose to Rs 4295.90 crore in Q4March 2022 from Rs 3906.05 crore in Q4 March 2021. Total income rose to Rs 18873.55 crore fromRs 18155.14 crore.MOIL: The company's net profit rose to Rs 131.07 crore in Q4 March 2022 from Rs 116.03 crore in Q4March 2021. Total income fell to Rs 476.07 crore from Rs 481.56 crore.IIFL Wealth Management: The company's board of directors approved first interim dividend for thefinancial year 2022-23 of Rs 20 per equity share and has fixed record date as 2 June 2022, for thispurpose.Torrent Pharma: The pharma company announced a bonus issue of 1:1 i.e. one equity share for eachfully paid up equity share held as on record date fixed for the purpose.

Indian Intraday Trading stocks like Grasim Industries: The company's consolidated net profit rose 61.89% to Rs 2,777.15 crore on18.07% rise in net sales to Rs 28,811.39 crore in Q4 March 2022 over Q4 March 2021.Adani Ports and Special Economic Zone (APSEZ): The company's consolidated net profit dropped to Rs1033 crore in Q4 March 2022 from Rs 1321 crore in Q4 March 2021. Total income rose to Rs 4,418crore from Rs 4,072 crore.RITES: The company's consolidated net profit rose to Rs 142.36 crore in Q4 March 2022 from Rs141.55 crore in Q4 March 2021. Total income rose to Rs 787.52 crore from Rs 649.55 crore.Metropolis Healthcare: The company's consolidated net profit fell 35% to Rs 40.10 crore on 5% rise intotal income to Rs 305.90 crore in Q4 March 2022 over Q4 March 2021.Anupam Rasayan India: The board of directors of the company has considered and approved theraising of funds for an aggregate amount not exceeding Rs 800 crore through issue of equity sharesby way of a qualified institutions placement.SIS: The company has signed definitive agreement for purchase of 49.99% shareholding of TerminixSIS India Private Limited, a subsidiary of the company

Indian Intraday Trading market stocks like Maruti Suzuki India (MSIL): The company has agreed to acquire an equity stake of 12.09% inSociograph Solutions Private Limited (SSPL) for about Rs 2 crore. SSPL is an artificial intelligence (AI)software company that specializes in a visual AI platform predominantly used to help enterprisesimprove sales experiences and improve efficiency in their business.Marico: Marico has made a strategic investment and acquired stake in HW Wellness Solutions PrivateLimited, a leading Digital first brand in the healthy breakfast and snack segment under the brandname 'True Elements'. As part of the aforesaid transaction, the company has acquired 53.98% of thepaid-up share capital of HW Wellness and it has accordingly become a subsidiary of the company.Rupa & Company: The innerwear maker accepted the resignation of Dinesh Kumar Lodha as the chiefexecutive officer and Ramesh Agarwal as the chief financial officer, with effect from 31 May 2022.Delhivery: Shares of logistics major Delhivery will debut on the bourses today. The issue price wasfixed at Rs 487 per share.Venus Pipes & Tubes: Shares of the company will be making its debut today. The issue price was fixedat Rs 326 per share.Ramco Cements: On a consolidated basis, Ramco Cements' net profit fell 45% to Rs 118.57 crore on5% increase in total income to Rs 1,722.68 crore in Q4 FY22 over Q4 FY21.

Indian Intrday Trading stocks like Power Grid Corporation of India: The state-run company reported consolidated net profit of Rs4,156.44 crore in Q4 FY22 as compared to net profit of Rs 3,526.23 crore in Q4 FY21. Total incomerose to Rs 11,067.94 crore from Rs 10,816.33 crore.NTPC: NTPC reported an 11.8% rise in consolidated net profit to Rs 5,199.5 crore on a 23.2% rise innet sales to Rs 37,085.07 crore in Q4 FY22 over Q4 FY21.Shree Cement: The cement maker reported a 17.7% fall in consolidated net profit to Rs 657.24 crorein Q4 FY22 from Rs 798.43 crore posted in Q4 FY21. Consolidated net revenue from operations grew3.1% year on year to Rs 4364.24 crore in the quarter ended 31 March 2022.Pfizer: Pfizer reported a 25.1% rise in net profit to Rs 125.79 crore on a 2.8% increase in net sales toRs 549.66 crore in Q4 FY22 over Q4 FY21.JK Tyre: The tyre maker posted a 78.8% fall in consolidated net profit to Rs 38.65 crore in Q4 FY22from Rs 182.48 crore posted in Q4 FY21. Consolidated net sales grew 13.1% to Rs 3,311.83 crore forthe quarter ended 31 March 2022 from Rs 2,927.28 crore posted in the corresponding quarter lastyear.Sobha: Sobha reported 39.7% rise in consolidated net profit to Rs 25 crore on a 32.1% increase innet sales to Rs 731.30 crore in Q4 FY22 over Q4 FY21.Metro Brands: The shoe maker posted a 59.7% jump in consolidated net profit to Rs 68.79 crore on a26.3% rise in net sales to Rs 403.16 crore in Q4 FY22 over Q4 FY21.One 97 Communications (Paytm): The company reported a consolidated net loss to Rs 763 crore inQ4 March 2022, higher than net loss of Rs 441.80 crore in Q4 March 2021. Its consolidated revenuefrom operations grew 89% year-on-year (Y-o-Y) to Rs 1,540.90 crore in the quarter under reviewcompared with Rs 815.30 crore in the corresponding quarter last year.Narayana Hrudayalaya: Narayana Hrudayalaya's consolidated net profit rose 1.3% to Rs 69 crore on a12.3% increase in total operating income to Rs 940.7 crore in Q4 FY22 over Q4 FY21.Rossari Biotech: Rossari Biotech reported 8% rise in consolidated net profit to Rs 24.1 crore asrevenues jumped 101% to Rs 438.9 crore in Q4 FY22 over Q4 FY21.Glenmark Pharma: The U.S. Food and Drug Administration (USFDA) has issued Form 483 with fiveobservations after an inspection at Glenmark Pharmaceuticals' formulation manufacturing facilitybased out of Goa in India between 12 May 2022 and 20 May 2022.

Indian Intrday Trading stocks like ITC: ITC reported 11.8% growth in consolidated net profit to Rs 4191 crore on 15.7% rise in grossrevenue to Rs 16227 crore in Q4 FY22 over Q4 FY21.Adani Enterprises: Adani Enterprises has incorporated a WOS namely, Adani Health Ventures Limited(AHVL), to carry on the business of healthcare related activities including, inter alia, setting up,running, administrating medical and diagnostic facilities, health aids, health tech based facilities,research centers and to do all other allied and incidental activities in this regard.Pidilite Industries: The company reported 17% fall in consolidated net profit to Rs 254 crore on 12%rise in net sales to Rs 2498 crore in Q4 FY22 over Q4 FY21.IDBI Bank: The bank said that it has offloaded 6,23,23,800 fully paid-up equity shares constituting19.18% stake in Asset Reconstruction Company (India) (ARCIL) to Avenue India Resurgence Pte Ltd.LIC Housing Finance: The company reported standalone net profit of Rs 1118.64 crore in Q4 FY22 ascompared to net profit of Rs 398.92 crore in Q4 FY21. Total income rose to Rs 5308.59 crore from4964.37 crore.Ratnamani Metals & Tubes: The board considered and recommended a bonus issue in the ratio of 1:2i.e. one new bonus equity share for every two held. Record date is fixed as 1 July 2022.

Indian Intrday Trading stocks like Bharti Airtel: Bharti Airtel reported a 164% jump in consolidated net profit to Rs 2007.8 crore on a22.3% in revenue from operations to Rs 31,500 crore in Q4 FY22 over Q4 FY21. The telecom operatorsaid rise in revenue was backed by strong and consistent performance delivery across the portfolio.DLF: The real estate major reported 8% fall in consolidated net profit to Rs 414 crore on 5% fall inrevenue to Rs 1652 crore in Q4 FY22 over Q4 FY21.Zydus Lifesciences: Zydus Lifesciences said that the board of directors of the company will consider aproposal for buyback of fully paid-up equity shares of the company.TVS Motor Company: TVS Motor Company signed a share purchase agreement on 16th May 2022 withKaran Makhija, Shunmuga Krishnan, Sidharth Middela, Fabric IOT Private Limited (Fabric IOT') andIntellicar Telematics Private Limited (Intellicar'), a wholly owned subsidiary of TVS Motor, to divest theentire shareholding (100%) of TVS Motor in Intellicar to Fabric IOT as per the terms of theagreement.Dr. Lal PathLabs: Dr. Lal PathLabs reported 26.5% fall in consolidated net profit to Rs 61.3 crore in Q4FY22 compared with the net profit of Rs 83.4 crore in Q4 FY21. Net sales stood at Rs 485.5 crore forthe quarter ended 31 March 2022 as against Rs 431 crore during the same period in the previousyear, registering a growth of 12.65%.Motilal Oswal Financial Services: Motilal Oswal Financial Services said its board approved buyback ofup to 1.46 million shares at Rs 1100 per share through tender offer route. The record date for thebuyback is 27 May 2022

Indian Intraday market stocks like Ambuja Cement and ACC: Adani Group will acquire Holcim's full stakes in Ambuja Cement and ACC.The corresponding offer share prices of Rs 385 for Ambuja Cement and Rs 2,300 for ACC translateinto cash proceeds of 6.4 billion Swiss Franc (CHF) for Holcim.Holcim holds 63.11% stake in Ambuja Cement, which owns a 50.05% interest in ACC, as well as its4.48% direct stake in ACC.Avenue Supermarts (DMart): On a standalone basis, net profit stood at Rs 466 crore for Q4FY22, asagainst Rs 435 crore in the corresponding quarter of last year. Total revenue for the quarter ended 31March 2022 stood at Rs 8,606 crore, as against Rs 7,303 crore in the same period last year. Earningsbefore Interest, Tax, Depreciation and Amortization (EBITDA) in Q4FY22 stood at Rs 742 crore,compared with Rs 617 crore in the corresponding quarter of last year. EBITDA margin stood at 8.6%in Q4FY22 as compared to 8.4% in Q4FY21.Maruti Suzuki India: The car major finalised land site for new manufacturing plant in Haryana. Thefirst plant with a manufacturing capacity of 250,000 vehicles per annum is expected to becommissioned within the year 2025 subject to administrative approvals. In the first phase, theinvestment would be over Rs 11,000 crore.Quint Digital Media: The company and its material subsidiaries viz. Quintillion Media and QuintillionBusiness Media signed definite agreements with AMG Media Networks, a wholly owned subsidiary ofAdani Enterprises, to conclude the divestment of 49% stake in Quintillion Business Media.Quintillion Business Media owns and operates an exclusive business and financial news digital mediaplatform viz. www.bqprime.com (formerly known as www.bloombergquint.com).Alkem Laboratories: MHRA had conducted an online inspection at the the drug maker's BioequivalenceCenter located at Taloja, Maharashtra from 31st January 2022 to 4th February 2022 and 08thFebruary 2022 to 10th February 2022. As per the Good Clinical Practice (GCP) Inspection Statementdated 12th May 2022, there were no critical or major observations identified and the said inspectionstands closed.Bharat Forge, MCX, Glaxosmithkline Pharmaceuticals, Century Plyboards, Raymond, VIP Industries,Ami Organics, Dodla Dairy, Fino Payments Bank and Nava Bharat Ventures, among others, willannounce their earnings today.Gujarat Narmada Valley Fertilizers & Chemicals (GNFC), Indiabulls Housing Finance and PunjabNational Bank (PNB) are under the F&O ban on Monday

Customer Deposits were at Rs 93,138 crore as of 31 March 2022, registering a growth of 12.6% overRs 82,725 crore as of 31 March 2021 on a rise of 8.5% from Rs 85,818 crore as of 31 December2021.The bank reported a 12% growth in CASA deposits to Rs 51,407 crore as of 31 March 2022 as againstRs 45,896 crore as of 31 March 2021 and 7.4% increase from Rs 47,859 crore as compared to 31December 2021. CASA ratio stood at 48.7% as of 31 March 2022 as compared to 51.7% as of 31March 2021. Average CASA for the quarter stood at 49.3%. Average LCR for Q4 FY22 was at 135%.The bank reported a 2.7% fall in borrowings to Rs 39,382 crore as of 31 March 2022 as against Rs40,456 crore as of 31 March 2021 on a 1% increase from Rs 38,978 crore as compared to 31December 2021.Retail business (home loans, loan against property, vehicles, consumer loans, credit cards and otherretail loans) and commercial business (SME business banking, business loans, commercial vehiclesand other loans) grew by 26.4% YoY as of 31 March 2022. Retail loan growth was led by growth inthe home loans book, which grew by 52.1% YoY as of 31 March 2022.Retail business represented 63.4% of the overall funded assets as of 31 March 2022 and commercialbusiness constitutes 8.8% of the total funded assets. Infrastructure loans de-grew by 36.2% YoY as of31 March 2022. Infrastructure loans constituted 5.2% of the total funded assets as of 31 March 2022as compared to 9.2% as of 31 March 2021. Corporate loans grew 6% YoY. Corporate loans and creditinvestments constitutes 22.6% of the total funded exposure.Overall asset quality trends remained strong. Cheque/ NACH bounce rates and collections efficiencieshave improved during Q4 FY22 and have become better than pre-COVID levels, as per the company'spress statement.IDFC First Bank was founded by the merger of IDFC Bank and Capital First in December 2018. Thebank provides a range of financial solutions to individuals, small businesses and corporates.The bank reported 117% jump in net profit to Rs 281.06 crore on a 7.4% increase in total income toRs 5,197.79 crore in Q3 FY22 over Q3 FY21

According to the minutes of latest RBI monetary policy meeting, the central bank governor ShaktikataDas stated that there has been considerable improvement in the outlook for food prices since the lastbi-monthly review. Vegetable prices, after the spike of October-November, have seen significantseasonal correction which is likely to continue on fresh winter crop arrivals. In addition, the DecemberCPI print saw price corrections in edible oils and pulses coming from the supply side interventions bythe Government. The record Rabi acreage, propelled by a significantly higher acreage of oilseeds andpulses, along with prospects of higher yields for wheat, augur well for a bumper harvest of key fooditems. Further, considering the advance estimates of a robust kharif harvest, and on the assumptionof a normal monsoon, there is room for considerable optimism on the food inflation trajectory overthe next financial year.However, he noted that the renewed surge in international crude oil prices requires close monitoring.The RBI needs to remain watchful of the risks to domestic inflation arising from rise in internationalcommodity prices due to exogenous factors including geo-political developments. While core inflationremains elevated, demand-pull pressures are still muted, given the slack in the economy. On balance,inflation is likely to peak in Q4: 2021-22 and thereafter soften to around 5.0 per cent in H1:2022-23and further closer to the target in H2:2022-23 with an average inflation rate of 4.5 per cent for theentire financial year.

Second Advance Estimates of production of major crops for the year 2021-22 were released by theMinistry of Agriculture and Farmers Welfare and the country is estimated to record foodgrainsproduction of 316.06 million tonnes. which is higher by 5.32 million tonnes than the production offoodgrains during 2020-21. Further, the production during 2021-22 is higher by 25.35 million tonnesthan the previous five years’ (2016-17 to 2020-21) average production of foodgrains.Total production of Rice during 2021-22is estimated at record 127.93 million tonnes. It is higher by11.49 million tonnes than the last five years’ average production of 116.44 million tonnes.Production of Wheat during 2021-22is estimated at record 111.32 million tonnes. It is higher by 7.44million tonnes than the average wheat production of 103.88 million tonnes.Production of Nutri / Coarse Cereals estimated at 49.86 million tonnes, which is higher by 3.28 milliontonnes than the average production.Total Pulses production during 2021-22is estimated at 26.96 million tonnes which is higher by 3.14million tonnes than the last five years’ average production of 23.82 million tonnes.Total Oilseeds production in the country during 2021-22is estimated at record37.15 million tonneswhich is higherby 1.20 million tonnes than the production of 35.95 million tonnes during 2020-21.Further, the production of oilseeds during 2021-22 is higher by 4.46 million tonnes than the averageoilseeds production.Total production of Sugarcane in the country during 2021-22is estimated at 414.04 million tonneswhich is higher by 40.59million tonnes than the average sugarcane production of 373.46 milliontonnes.Production of Cotton is estimated at 34.06 million bales (each of 170 kg) is higherby 1.12 millionbales than the average cotton production of 32.95 million bales. Production of Jute & Mesta isestimated at 9.57 million bales (each of 180 kg).

The Reserve Bank of India Governor Shaktikanta Das stated in a latest media interaction that price stability isdefinitely uppermost for the central bank. He noted that price stability basically means maintaining and adhering tothe inflation target. The character and the content of inflation in the advanced economies is different from thecharacter and content and the drivers of inflation in India. He noted that from last October onward, the momentum ofinflation is on the downward slope in India primarily because of the statistical reasons. The base effect, which hasresulted in higher inflation, especially in quarter three and the same base effect will play in different ways in thecoming months. The Reserve Bank is fully aware of its commitment to inflation, keeping in mind the objective ofgrowth.

India's consumer price index gained 6.01 percent year-on-year in January, bigger than the 5.66percent rise in December, data from the National Statistical Office showed on Monday. In the sameperiod last year, consumer price inflation was 4.06 percent. Likewise, food price inflation advanced to5.43 percent from 4.05 percent in the previous month. On a monthly basis, consumer prices dropped0.3 percent in January, while food prices fell more markedly by 1.32 percent. Data showed thatclothing and footwear prices climbed 8.84 percent annually and housing increased 3.52 percent. Costof fuel and light gained 9.32 percent. The central bank expects inflation to average 5.3 percent in thefiscal year 2022 and at 4.5 percent in FY 2023

The Solvent Extractors’ Association of India has compiled the import data of Vegetable Oils (edible &non-edible) for the month of January 2022. Import of vegetable oils during January 2022 is reportedat 1,270,728 tons compared to 1,096,669 tons in January 2021, consisting 1,251,926 tons of edibleoils and 18,802 tons of non-edible oils i.e. Up by 16%. The overall import of vegetable oils during firstquarter of oil year 2021-22, Nov’21.-Jan’ 22 reported at 3,671,161 tons compared to 3,556,153 tonsduring the same period of last year i.e. Up by 3.2%. The import of soybean oil is up by 90% due todeclining of domestic crushing, while crude palm oil import down by 24% in first three months of theoil year 2021-22. The stock of edible oils as on 1st Feb., 2022 at various ports is estimated at 654,000tons (CPO 230,000 tons, RBD Palmolein 120,000 tons, Degummed Soybean Oil 150,000 tons, CrudeSunflower Oil 150,000 tons and Rapeseed Oil 4,000 tons) and pipeline stock at 1,208,000 tons, totalstock at 1,862,000 tons. The total stock has increased by 142,000 tons to 18.62 lakh tons as on 1stFeb., 2022 from 17.20 lakh tons as on 1st Jan., 2022.During Nov’21.- Jan.’22, Import of RBD Palmolein increased and reported at 216,522 tons comparedto 15,601 tons during the same period of last year. The reduction in effective import duty onPalmolein (refined Palm) from 19.25% to 13.75% without simultaneous reduction in import duty onCPO w.e.f. 20th Dec., 2021 has reduce the effective duty difference from 11% to 5.5% leading toincrease the imports of Refined Palmolein at the cost of CPO which is the raw material for domesticRefineries. Last year in January-March 2021, India had imported 16.6 lakh tons of CPO and just11,000 tons of RBD Palmolein. In view of reduction in duty difference and since RBD Palmolein freelyallowed at lower duty till 31st March, 2022, expecting large quantity of RBD Palmolein of 8.0 to 9.0lakh tons likely to arrive during Jan-March quarter replacing much of CPO as there is wide disparity tothe tune of Rs.6000/8000 per tons of processing.

Indian Intrday Trading stocks like Maan Aluminium Ltd, Mangalam Organics Ltd, Electrotherm (India) Ltd and Hindustan Composites Ltd are among theother losers in the BSE's 'B' group today, 14 February 2022.Kuantum Papers Ltd crashed 14.25% to Rs 78.85 at 14:37 IST.The stock was the biggest loser in the BSE's 'B'group.On the BSE, 37226 shares were traded on the counter so far as against the average daily volumes of 15052shares in the past one month.Maan Aluminium Ltd tumbled 13.00% to Rs 120.5. The stock was the second biggest loser in 'B' group.On the BSE,5380 shares were traded on the counter so far as against the average daily volumes of 9557 shares in the past onemonth.Mangalam Organics Ltd lost 12.65% to Rs 926.8. The stock was the third biggest loser in 'B' group.On the BSE,18771 shares were traded on the counter so far as against the average daily volumes of 4618 shares in the past onemonth.Electrotherm (India) Ltd fell 12.33% to Rs 117.65. The stock was the fourth biggest loser in 'B' group.On the BSE,18759 shares were traded on the counter so far as against the average daily volumes of 13363 shares in the past onemonth.Hindustan Composites Ltd plummeted 12.07% to Rs 299.35. The stock was the fifth biggest loser in 'B' group.On theBSE, 6148 shares were traded on the counter so far as against the average daily volumes of 2129 shares in the pastone month.

Metropolis Healthcare Ltd, Jain Irrigation Systems Ltd, HLE Glascoat Ltd and Ramco Systems Ltd are among the otherlosers in the BSE's 'A' group today, 14 February 2022.Mahindra Logistics Ltd lost 16.38% to Rs 409.45 at 14:52 IST.The stock was the biggest loser in the BSE's 'A'group.On the BSE, 28658 shares were traded on the counter so far as against the average daily volumes of 10513shares in the past one month.Metropolis Healthcare Ltd tumbled 16.28% to Rs 2026. The stock was the second biggest loser in 'A' group.On theBSE, 47188 shares were traded on the counter so far as against the average daily volumes of 11248 shares in thepast one month.Jain Irrigation Systems Ltd crashed 12.87% to Rs 39.25. The stock was the third biggest loser in 'A' group.On theBSE, 9.65 lakh shares were traded on the counter so far as against the average daily volumes of 5.1 lakh shares inthe past one month.HLE Glascoat Ltd dropped 12.87% to Rs 5489.8. The stock was the fourth biggest loser in 'A' group.On the BSE, 3958shares were traded on the counter so far as against the average daily volumes of 1058 shares in the past one month.Ramco Systems Ltd shed 11.32% to Rs 341.5. The stock was the fifth biggest loser in 'A' group.On the BSE, 17710shares were traded on the counter so far as against the average daily volumes of 8090 shares in the past one month.

Among the components of the S&P BSE Finance index, Repco Home Finance Ltd (up 2.6%), PunjabNational Bank (up 2.46%),Dhanvarsha Finvest Ltd (up 1.74%),Max Ventures and Industries Ltd (up1.49%),Motilal Oswal Financial Services Ltd (up 1.45%), were the top gainers. Among the othergainers were Piramal Enterprises Ltd (up 1.2%), Aditya Birla Money Ltd (up 1.12%), EdelweissFinancial Services Ltd (up 1.1%), Bajaj Finance Ltd (up 1.04%), and Equitas Holdings Ltd (up0.99%).On the other hand, SREI Infrastructure Finance Ltd (down 4.91%), Share India Securities Ltd (down3.13%), and Poonawalla Fincorp Ltd (down 2.8%) turned lower.At 09:50 IST, the S&P BSE Sensex was down 103.3 or 0.17% at 59905.03.The Nifty 50 index was down 41.15 points or 0.23% at 17857.5.The S&P BSE Small-Cap index was down 79.18 points or 0.27% at 29164.46.The S&P BSE 150 Midcap Index index was down 43.05 points or 0.47% at 9117.97.On BSE,1378 shares were trading in green, 1345 were trading in red and 132 were unchanged.

Shares of Canara Bank have declined 9.5% in seven trading sessions from its previous closing high of Rs 244.25posted on 8 November 2021. The counter hit a 52-week high of Rs 247.60 on 9 November and before succumbing toselling pressure. The stock is up 140% from its 52-week low of Rs 92 posted on 17 November 2020.Meanwhile, India Ratings & Research upgraded Canara Bank's AT1 Bonds to ‘IND AA+' with a stable outlook. Theratings agency also affirmed IND AAA rating on company's long term issuer rating and company's Basel III Tier 2instrument with a stable outlook.On the technical front, the stock's RSI (relative strength index) stood at 57.647. The RSI oscillates between zero and100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.The stock is trading above its 50 and 100 days simple moving average placed at 188.64 and 170.91 respectively.These levels will act as crucial support zones in near term.Incorporated in 1906, Canara Bank was merged with erstwhile Syndicate Bank (e-SB) on 1 April 2020 to form thethird-largest public sector bank and the fourth-largest bank in the Indian banking system with a total asset base of Rs11.9 lakh crore as on 30 September 2021.The state-run bank's net profit surged 199.86% to Rs 1,332.61 crore on 2.59% increase in total income to Rs21,331.49 crore in Q2 FY22 over Q2 FY21.

Manappuram Finance tumbled 9.75% to Rs 197.10 after the company's consolidated skid fell 8.8% to Rs369.88 crore on a 1.5% decline in total income to Rs 1,554.42 crore in Q2 September 2021 over Q2September 2020.Consolidated profit before tax dropped 9.1% to Rs 495.03 crore in Q2 September 2021 as against Rs544.41 crore in Q2 September 2020.On a segmental basis, revenues from Gold loans and Others declined 9.17% to Rs 1,199.83 in Q2FY22 as compared to Rs 1,321.10 crore in Q2 FY21. Revenues from Microfinance grew 38.07% to Rs354.59 crore in Q2 September 2021 from Rs 256.81 crore in Q2 September 2020.The board has declared an interim dividend of Rs 0.75 per equity share of face value Rs 2. Thecompany has fixed Thursday, 25 November 2020 as the record date to ascertain the entitlement ofinterim dividend among the shareholders and dividend/ dividend warrants shall be paid or dispatchedon or before 11 December 2021.Meanwhile, the board has appointed Shailesh Jayantilal Mehta as the chairperson of ManappuramFinance.Manappuram Finance is a gold loans offering non-banking financial company, engaged in providingfinance against used household gold ornaments.

Tata Mutual Fund (MF) has launched the Tata Floating Rate Fund, an open-ended debt scheme investing predominantly in floating rate instruments (including fixed rate instruments converted to floating rate exposures using swaps/ derivatives). The NFO opens for subscription on June 21, 2021 and closes on July 05, 2021. The Entry load is not applicable for the scheme. The Exit Load is nil for the scheme. The minimum subscription amount is Rs 5,000 & in multiples of Re 1 thereafter.
The performance of the scheme shall be benchmarked to the CRISIL Ultra Short-Term Debt Index and its fund managers is Akhil Mittal.
The investment objective of the scheme is to generate income through investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments.

Nippon India Mutual Fund (MF) has launched the Nippon India Nifty Pharma ETF, an open-ended scheme replicating/ tracking NIFTY Pharma Index. The NFO opens for subscription on June 21, 2021 and closes on June 28, 2021. The Entry load and the Exit Load is not applicable for the scheme. The minimum subscription amount is Rs 1,000 & in multiples of Re 1 thereafter.
The performance of the scheme shall be benchmarked to the Total Return (TRI) and its fund managers is Mehul Dama.
The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the NIFTY Pharma Index before expenses, subject to tracking errors.

ICICI Prudential Mutual Fund (MF) has declared Income Distribution cum capital withdrawal option (IDCW option) under ICICI Prudential Fixed Maturity Plan-Series 83-1108 Days Plan H. The record date for the same is June 23, 2021. The quantum of IDCW on the face value of Rs 10 per unit will be Rs 0.0500 each under Direct Plan-Quarterly IDCW, Half Yearly IDCW and Direct Plan-Half Yearly IDCW.
The units of the Scheme are listed on BSE. The trading of units of the Scheme will be suspended on BSE with effect from closing hours of trading of June 20, 2021. For the purposes of redemption proceeds, the record date for the Scheme shall be June 23, 2021.

ICICI Prudential Mutual Fund (MF) has declared Income Distribution cum capital withdrawal option (IDCW option) under ICICI Prudential Equity Savings Fund. The record date for the same is June 21, 2021. The quantum of IDCW on the face value of Rs 10 per unit will be Rs 0.22 each under Half Yearly IDCW and Direct Plan-Half Yearly IDCW.

ICICI Prudential Asset Management Company (AMC) has announced changes in Scheme Information Document (SID) and Key Information Memorandum (KIM) of ICICI Prudential Flexicap Fund.
Pursuant to addendum No. 013/05/2021 dated May 19, 2021, ICICI Prudential Asset Management (AMC) announced that Value Systematic Transfer Plan (Value STP) shall not be available under the Flexicap Fund Scheme. The Scheme shall be a Target Scheme under Booster Systematic Transfer Plan (Booster STP). Read terms & conditions in the application form before investing or visit ww.iciciprumf.com. This facility should not be associated or confused with Systematic Transfer Plan, Flex Systematic Transfer Plan; all these are separate facilities provided by ICICI Prudential AMC Limited.
All the other provisions of the SID/KIM/addenda of the Scheme, except as specifically modified herein above remain unchanged.

Gold futures eased from around two week high as US interest rates trajectory weighed on the metal.The latest US Fed minutes showed that Fed officials expect the US economy to rebound from a firstquarter contraction, as both business and household spending remained strong, and the job marketremained robust. This pulled down Gold sharply and the metal lost around 20 dollars, falling under$1850 per ounce mark. MCX Gold futures closed at Rs 50833 per 10 grams, down 0.63% on the day.Some buying has emerged in the yellow metal in Asia as equities have slipped across the board.

Crude oil is trading in a very narrow range, consolidating around $110 per barrel mark amid weakequities. Economic cues were mostly tepid too. Eurozone PMI Manufacturing dropped from 55.5 to54.4 in May, hitting an 18-month low. PMI Services dropped from 57.7 to 56.3. The seasonallyadjusted S&P Global Eurozone PMI Composite Output Index edged down from 55.8 in April to 54.9 inMay, according to the preliminary ‘flash' reading. UK PMI Manufacturing dropped from 55.8 to 54.6 inMay, hitting a 16-month low. PMI Services dropped sharply from 58.9 to 51.8, testing a 15-monthlow. Oil is now eying the weekly EIA inventory data.

Crude oil eased today. Asian shares slipped on Tuesday as relief at a rally on Wall Street failed toextend. Traders also eyed rising US rig count data. The US energy firms last week added oil andnatural gas rigs for the ninth week in a row. The oil and gas rig count, an early indicator of futureoutput, rose 14 to 728 in the week to May 20, its highest since March 2020, energy services firmBaker Hughes Co said on Friday. WTI Crude oil futures trade under $110 per barrel, down 0.44% onday.

Copper eased in Asia on broad demand worries over world economy. Ukrainian President VolodymyrZelenskyy called for maximum sanctions against Russia during a virtual speech Monday to corporateexecutives, government officials and other elites on the first day of the World Economic Forumgathering in Davos. He said sanctions need to go further to stop Russia's aggression, including an oilembargo, blocking all of its banks and cutting off trade with Russia completely. He said that it's aprecedent that would work for decades to come. This is weighing on equities in Asia and the red metalis currently trading down 0.32% at $4.32 per pound.

Singapore's domestic wholesale sales (seasonally adjusted) rose 5.1% in first quarter 2022 comparedto fourth quarter 2021. Excluding petroleum, domestic sales increased 5.2% from the previousquarter. Compared to the same quarter a year ago, domestic wholesale sales increased 14.0% in firstquarter 2022. Excluding petroleum, domestic wholesale sales grew by 18.1%. Singapore's foreignwholesale sales (seasonally adjusted) grew by 13.6% in first quarter 2022 over fourth quarter 2021.Excluding petroleum, foreign wholesale sales increased 6.7% from the previous quarter. Foreignwholesale sales grew by 46.7% on a year-on-year basis in first quarter 2022, due partly to higherprices of crude oil and petroleum products. Excluding petroleum, foreign wholesale sales expanded by25.1% as a result of increased external demand amidst the gradual global economic recovery as wellas increased prices of raw materials such as metals & metal ores.

Indian Rupee is expected to see some buying after the recent selling spree. Key indices advancedduring the week, snapping its five-week losing trend. Recovery in Asian stocks boosted sentiment.China's central bank cutting the 5-year loan prime rate and easing of Covid-related restrictions alsoprovided a major leg-up to the market. In the week ended on Friday, 20 May 2022, the Sensex gained1,532.77 points or 2.9% to settle at 54,326.39. The Nifty 50 index advanced 484 points or 3.07% tosettle at 16,266.15. The BSE Mid-Cap index rose 691.19 points or 3.17% to settle at 22,506.85. TheBSE Small-Cap index rose 1035.54 points or 4.09% to settle at 26,351.29.

WBMS noted yesterday that calculated market balance for primary aluminium for the period ofJanuary to March 2022 was a surplus of 474 kt which follows a deficit of 1676 kt recorded for thewhole of 2021. Demand for primary aluminium for January to March 2022 was 16.23 million tonnes,727 kt less than in the comparable period in 2021. Demand is measured on an apparent basis andnational lockdowns may have distorted the trade statistics. Production in January to March 2022 fellby 0.4 per cent. Total reported stocks over the three months to close at the end of the period 404 ktbelow the December 2021 level. Total LME stocks (Including off warrant stocks) were 833 kt at theend of March 2022 which compares with 1213.4 kt at the end of 2021. Shanghai stocks decreased inMarch and ended the period 14.6 kt below the December 2021 total.Overall, global production of primary aluminium fell in January to March 2022 by 0.4 per centcompared with the same period in 2021. Chinese output was estimated at 9633 kt despite slightlyhigher availability of imported feedstocks during the early months of the year. Chinese metalproduction currently accounts for about 58 per cent of the world production total. Chinese apparentdemand was 6.7 per cent lower than in January to March 2021 and the output of semi-manufacturesrose by 0.4 per cent compared with the production in 2021. China became a net importer ofunwrought aluminium in 2020. During January to March 2022 Chinese net exports of aluminium semimanufactures were 1390 kt which compares with 4926 kt for the whole of 2021.

Crude oil futures continue to hold above $110 per barrel on worries over Russia-Ukraine war.Sentiments were lifted on reports that Shanghai aims to reopen broadly and allow normal life toresume for its citizens. This could drive up the demand for crude oil after recent choppiness in prices.However, intraday gains were capped in oil. MCX Crude oil futures broke above Rs 8900 per barrelmark before easing a little and closed at Rs 8835 per barrel, down marginally on the day. US EIACrude oil inventories data is due today and overall sentiments are likely to be tight.

Indian intraday equity benchmarks ended with strong gains on Thursday, snapping its three-day losing streak.Positive global cues supported value buying in domestic shares. Trading was volatile due to expiry ofmonthly F&O contracts on the NSE today. Banks, metals and financials advanced while FMCG sharesdeclined.After opening a tad above the 16,100 level, the Nifty 50 index reversed gains and hit the day's low of15,903.70 in mid-morning trade. Value buying emerged at lower levels and the benchmark manageda U-shaped recovery and close above 16,150 mark today.The barometer index, the S&P BSE Sensex, rose 503.27 points or 0.94% to 54,252.53. The Nifty 50index gained 144.35 points or 0.90% to 16,170.15.State Bank of India (up 3.26%), HDFC Bank (up 2.96%), ICICI Bank (up 2.20%), HDFC (up 2.28%)and TCS (up 1.96%) boosted the indices.Buying was wide spread. The S&P BSE Mid-Cap index advanced 1.44% while the S&P BSE Small-Capindex added 0.78%.The market breadth was positive. On the BSE, 1,748 shares rose and 1,552 shares fell. A total of 129shares were unchanged.The NSE's India VIX, a gauge of market's expectation of volatility over the near term, slumped10.14% to 22.72.Numbers to Watch:The yield on India's 10-year benchmark federal paper fell to 7.294% as compared with 7.305% atclose in the previous trading session.In the foreign exchange market, the rupee was lower against the dollar. The partially convertiblerupee was hovering at 77.5650, compared with its close of 77.55 during the previous trading session.MCX Gold futures for 3 June 2022 settlement fell 0.16% to Rs 50740.The US Dollar index (DXY), which tracks the greenback's value against a basket of currencies,decreased 0.19% to 101.86.In the commodities market, Brent crude for July 2022 settlement rose 82 cents or 0.72% at $ 114.85a barrel. The contract rose 47 cents or 0.41% to settle at $ 114.03 a barrel during the previoustrading session.Foreign Markets:Dow Jones index futures were up 167 points, indicating a positive opening in the US stocks today.European shares advanced while most Asian stocks declined on Thursday, as markets digest the latestsignals from the U.S. Federal Reserve regarding rate hikes.US stocks closed Wednesday's volatile session higher. U.S. Fed minutes released Wednesday showedofficials are prepared to move ahead with several 50 basis point interest rate hikes. The Federal OpenMarket Committee also said policy may have to move away from "neutral" and into "restrictive"territory.Stocks in Spotlight:Garware Hi-Tech Films rose 8.01% after the company's consolidated net profit rose 41.89% to Rs45.12 crore on 12.43% rise in net sales to Rs 323.51 crore in Q4 March 2022 over Q4 March 2021.Profit before tax rose 26.15% year-on-year to Rs 58.80 crore in Q4 March 2022. EBITDA jumped21.44% to Rs 70.57 crore during the period under review.HEG surged 5.59% after the company's consolidated net profit rose 13.91% to Rs 129.27 crore on12.68% rise in net sales to Rs 673.06 crore in Q4 March 2022 over Q3 December 2021. Profit beforetax rose 4.40% quarter-on-quarter to Rs 151.90 crore in Q4 March 2022.Praj Industries rose 2.83%. The company's consolidated net profit rose 10.84% to Rs 57.65 crore on46.18% increase in net sales to Rs 829.01 crore in Q4 March 2022 over Q4 March 2021. Profit beforetax rose 6.64% year-on-year to Rs 78.05 crore in Q4 March 2022.Sequent Scientific dropped 11.49% after the company's consolidated net profit declined 56.57% to Rs8.96 crore on 6.05% rise in net sales to Rs 383.71 crore in Q4 March 2022 over Q4 March 2021. Profitbefore tax fell 35.85% year-on-year to Rs 18.61 crore in Q4 March 2022.Coal India rose 1.41%. The company's consolidated net profit surged 45.9% to Rs 6,692.94 crore ona 22.6% increase in net sales to Rs 30,046.25 crore in Q4 FY22 over Q4 FY21.InterGlobe Aviation surged 10.40%. The low-cost airliner reported consolidated net loss of Rs 1681.80crore in Q4 March 2022 as against net loss of Rs 1147.16 crore in Q4 March 2021. Net sales rose28.89% to Rs 8020.75 crore in Q4 March 2022 over Q4 March 2021. Pre-tax loss stood at Rs1,677.51 crore in Q4 March 2022 as against pre-tax loss of Rs 1,157.51 crore in Q4 March 2021.Apollo Hospitals Enterprise jumped 4.38%. The healthcare service provider reported a 46.3% fall inconsolidated net profit to Rs 90.14 crore in Q4 FY22 from Rs 167.85 crore registered in Q4 FY21. Netsales surged 23.7% to Rs 3,546.43 crore for the quarter ended 31 March 2022 from Rs 2,867.95crore recorded in the corresponding period last year.ITI zoomed 18.07%. The company's consolidated net profit rose 78.33% to Rs 356.06 crore on9.86% decline in net sales to Rs 1,141.50 crore in Q4 March 2022 over Q4 March 2021.Bata India added 1.54%. The company reported a consolidated net profit of Rs 62.96 crore in Q4FY22 as against a net profit of Rs 29.47 crore in Q4 FY21. Revenue from operations increased by12.8% YoY to Rs 665.24 crore during the quarter

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LME Cancelled Warrants

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