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Indian Intraday Stock Market Shares of Britannia Industries posted a 23% rise in consolidated net profit to Rs 498.13 crore in Q2 September 2020 from Rs 404.22 crore reported in Q2 September 2019. Consolidated revenue from operations stood at Rs 3,419.11 crore in Q2 September 2020, rising 12% from Rs 3,048.84 recorded in Q2 September 2019.
Wipro announced that it has won an Application Management (AMS) and Services Integration & Management (SIAM) contract from Fortum,one of the leading clean-energy companies headquartered in Espoo, Finland.
ACC's consolidated net profit rose 20.26% to Rs 363.85 crore on 0.26% increase in net sales to Rs 3537.31 crore in Q3 September 2020 over Q3 September 2020 over Q3 September 2019.
HDFC Life Insurance Company reported 6.1% rise in consolidated net profit to Rs 327.83 crore on 89.6% increase in total income to Rs 16,426.03 crore in Q2 September 2020 over Q2 September 2019.
Reliance Industries' subsidiary Reliance Retail Ventures received the subscription amount of Rs 1,837.50 crore from TPG Asia VII SF Pte. Ltd. (TPG) and allotted 26,932,942 equity shares to TPG.
MRPL board has approved acquisition of 1,24,66,53,746 equity shares of Rs. 10 each of ONGC Mangalore Petrochemicals (OMPL), a subsidiary of MRPL from ONGC (an existing shareholder of OMPL). MRPL was holding 51.0017% of the paid up equity of OMPL, which has been increased to 99.9998% pursuant to the acquisition of equity shares from ONGC.
Bank of Baroda said that a meeting of the Capital Raising Committee (CRC) of whole time Directors of the Bank is scheduled to be held on 23 October 2020 to consider raising of capital funds trough issue of capital debit instruments.

The company has reported 8.71% rise in its net profit of Rs 2009 crore for the quarter under review as against net profit of Rs 1848 crore for the same quarter in the previous year. Total income of the company increased by 15.56% at Rs 11593 crore for Q2FY21 as compared Rs 10032 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 8.82% in its net profit attributable to owners at Rs 1974 crore for the quarter under review as compared to net profit of Rs 1814 crore for the same quarter in the previous year. Total income of the company increased by 15.19% at Rs 11776 crore for Q2FY21 as compared Rs 10223 crore for the corresponding quarter previous year.

Rallis India has reported 3.29% fall in its net profit of Rs 82.95 crore for the quarter ended September 30, 2020 as against net profit of Rs 85.77 crore for the same quarter in the previous year. Total income of the company decreased by 2.31% at Rs 738.06 crore for Q2FY21 as compared Rs 755.54 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 3.29% fall in its net profit attributable to shareholders at Rs 82.95 crore for the quarter ended September 30, 2020 as against net profit of Rs 85.77 crore for the same quarter in the previous year. Total income of the company decreased by 2.30% at Rs 738.06 crore for Q2FY21 as compared Rs 755.46 crore for the corresponding quarter previous year.

Zenpay Solutions has partnered with RBL Bank and YAP to drive financial inclusion to issue salary cards to its customers across India. The corporate expense and salary payment solution will help blue collared employees working with SMEs and MSME to receive digital payments via a salary account. Zenpay will also offer customers a digital salary card and mobile application, which will help them manage their finance efficiently with the help of the interactive dashboard.
RBL Bank operates as a scheduled commercial bank. The bank offers its services under the five business verticals including corporate and institutional banking, commercial banking, retail banking, agri and development banking and financial markets. The bank was founded in 1943 and is based in Kolhapur, Maharashtra.

HDFC Life Insurance Company has reported 5.64% rise in its net profit of Rs 326.09 crore for the quarter ended September 30, 2020 as against net profit of Rs 308.69 crore for the same quarter in the previous year. Total income of the company increased by 89.59% at Rs 16414.76 crore for Q2FY21 as compared Rs 8658.13 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 6.10% marginal rise in its net profit at Rs 327.83 crore for the quarter ended September 30, 2020 as against net profit of Rs 308.98 crore for the same quarter in the previous year. Total income of the company increased by 89.65% at Rs 16426.03 crore for Q2FY21 as compared Rs 8661.33 crore for the corresponding quarter previous year.

Tata Consultancy Services (TCS) has launched TCS Workforce Analytics, an AI-based unified system of engagement, insights and foresight for employees, managers and CXOs, designed to enhance productivity and workforce experience.
The new solution is designed to help enterprise deal with the talent management challenges of the digital era. Digital transformation calls for a new kinds of talent, with diverse skillsets and capabilities, which traditional recruitment methods are ill-suited to assess. The challenge is made worse by the large-scale shift to remote working and virtual interactions, requiring the adoption of new ways of keeping employees positively engaged, motivated and productive.
Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years.

Bajaj Consumer Care has reported 0.07% marginal fall in its net profit of Rs 57.25 crore for the quarter ended September 30, 2020 as against net profit of Rs 57.29 crore for the same quarter in the previous year. However, total income of the company increased by 4.52% at Rs 233.74 crore for Q2FY21 as compared Rs 223.63 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 1.59% marginal rise in its net profit of Rs 56.92  crore for the quarter ended September 30, 2020 as against net profit of Rs 56.03 crore for the same quarter in the previous year. Total income of the company increased by 3.83% at Rs 235.36 crore for Q2FY21 as compared Rs 226.67 crore for the corresponding quarter previous year. 

Indian Intrady Stock Market Shares of Dr. Reddy's Laboratories and Russian Direct Investment Fund (RDIF),ussia's sovereign wealth fund, announced that they have received approval from the Drug Control of India (DCGI) to conduct an adaptive phae2/3 human clinical trail for Sputnik V vaccine in India. This will be a multi centre and randomized controlled study, which will include saftey and immunogenicity study.
HDFC Bank reported 18.41% rise in net profit to Rs 7,513.11 crore on a 6.86% rise in total income to Rs 36,069.42 crore in Q2 September 2020 over Q2 September 2019.
Avenue Supermarts reported 38.46% fall in consolidated net profit to Rs. 198.55 crore on a 10.68% fall in total income to Rs 5,358.37 crore in Q2 September 2020 over Q2 September 2019.
Reliance Industries said that its subsidiary Reliance Retail Ventures recieved the subscription amount of Rs. 5512.50 crore from Gamnat pte. and Lathe Investment Pte. (GIC) and allotted in the aggregate 80,798,827 equity shares to GIC.
Indus Ind Bank said that RBI has imposed monetary penalty of Rs 4.50 crore on the bank for non-compliance with certain directions issued by RBI on 'Exposure Norms''Prudential Norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances", 'SPARC - Monitoring of Information Submission by bank', 'Creation of a Central Repository of Large Common Exposures - Across Banks' read with direcions on 'Central Repository of Information on Large Credits (CRILC) - Revision in Reporting', and 'Disclosure in Financial Statements - Notes to Accounts.'
IIFL Securities reported 104.95% rise in consolidated net profit to Rs 50.93 crore on a 18.05% rise in total income to Rs. 218.22 crore in Q2 September over Q2 September 2019.

Indo Count Industries has launched value-driven home textiles brand ‘Layers’. Along with the success of premium bed and bath brand, Boutique Living, the newly launched brand ‘Layers’ now joins the Indo Count family to make a mark in the Indian bed linen space. Hinged on contemporary styles and developed using cutting-edge technology, the brand boasts of special antimicrobial and anti-fungal properties in the health and wellness space.
With Layers, Indo Count presents a first-of-its- kind affordable Bed Linen offerings for India's fast-growing aspirational class that is actively seeking means to upgrade their lifestyles, starting with their homes.
Indo Count Industries is engaged in the manufacturing of 100% grey combed cotton yarn and knitted fabric. Its product range includes Cotton yarn, Knitted fabrics and Dyed yarn and core-spun yarn.

The company has reported 6.16% fall in its net profit of Rs 462.31 crore for the quarter under review as against net profit of Rs 492.58 crore for the same quarter in the previous year. However, total income of the company increased by 9.00% at Rs 3298.75 crore for Q2FY21 as compared Rs 3026.29 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 23.23% rise in its net profit attributable to owners at Rs 498.13 crore for the quarter under review as against net profit of Rs 404.22 crore for the same quarter in the previous year. Total income of the company increased by 12.05% at Rs 3492.61 crore for Q2FY21 as compared Rs 3116.99 crore for the corresponding quarter previous year.

The company has reported 0.07% marginal fall in its net profit of Rs 57.25 crore for the quarter under review as against net profit of Rs 57.29 crore for the same quarter in the previous year. However, total income of the company increased by 4.52% at Rs 233.74 crore for Q2FY21 as compared Rs 223.63 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 1.59% marginal rise in its net profit of Rs 56.92  crore for the quarter under review as against net profit of Rs 56.03 crore for the same quarter in the previous year. Total income of the company increased by 3.83% at Rs 235.36 crore for Q2FY21 as compared Rs 226.67 crore for the corresponding quarter previous year.

The company has reported 3.29% fall in its net profit of Rs 82.95 crore for the quarter under review as against net profit of Rs 85.77 crore for the same quarter in the previous year. Total income of the company decreased by 2.31% at Rs 738.06 crore for Q2FY21 as compared Rs 755.54 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 3.29% fall in its net profit attributable to shareholders at Rs 82.95 crore for the quarter under review as against net profit of Rs 85.77 crore for the same quarter in the previous year. Total income of the company decreased by 2.30% at Rs 738.06 crore for Q2FY21 as compared Rs 755.46 crore for the corresponding quarter previous year.

INOX Leisure has started to re-open its Multiplex units located West Bengal, Gujarat, Karnataka, Uttar Pradesh, Assam, Andhra Pradesh, Haryana, Madhya Pradesh, Delhi and Goa, as notification issued by various state governments.  Further, company will re-open the units in other states where the Company operates as when any notification is issued by the respective authorities in this regard.
The Company will follow the Central / State / Local Authorities guidelines to open it multiplex units including restrictions on capacity and protocols laid down by central government and respective authorities in various states.
INOX Leisure is amongst India’s largest multiplex chains.

Goa Carbon has reported production of 6,246.600 million tonnes (MT) of Calcined Petroleum Coke for the month of September 2020. Of the total production achieved for the month, Goa Plant produced 830.600 MT and Paradeep Plant produced 5,416.000 MT of Calcined Petroleum Coke.
Goa Carbon is into the business of manufacturing and marketing Calcined Petroleum Coke. Goa Carbon is firmly established as a leading Indian petcoke calciner. It is a regular supplier to aluminium smelters, graphite electrode and Titanium Dioxide manufacturers, as well as other users in the metallurgical and chemical industries.

The Competition Commission of India (CCI) has approved acquisition of shares in CG Power and Industrial Solutions by Tube Investments of India. The proposed combination envisages acquisition of more than 50% of the equity share capital of CG Power and Industrial Solutions (CG Power) by Tube Investments of India (TIIL).
CG Power and Industrial Solutions (formerly Crompton Greaves) is a global pioneering leader in the management and application of electrical energy. CG provides end-to-end solutions that meet all electrical needs of its customers. CG’s offerings include electrical products, systems and services for utilities, power generation and industries.

NTPC has started to collaborate with cement manufacturers across the country to supply fly ash as part of its endeavour to achieve 100% utilisation of the by-product produced during power generation. The power producer is leveraging Indian Railways’ sprawling network to transport fly ash in economical and environment friendly manner.
NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.

Axis Mutual Fund (MF) has launched the Axis Banking ETF, an open-ended scheme replicating / tracking NIFTY Bank Index. The NFO opens for subscription on October 16, 2020, 2020 and closes on October 29, 2020. No Entry load and Exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.
The scheme’s performance will be benchmarked against its performance to Nifty Bank TRI Index and its fund manager is Ashish Naik.
The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the NIFTY Bank Index subject to tracking errors.

SBI Mutual Fund (MF) has launched the SBI Floating Rate Debt 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 October 06, 2020 and closes on October 08, 2020. The Entry load will not be applicable for the scheme. The Exit load will 0.10%, for exit within 3 days from the date of allotment and nil, for exit on or after 3 days from the date of allotment. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.
The scheme’s performance will be benchmarked against its performance to CRISIL Ultra Short Term Debt Index and its fund managers are Rajeev Radhakrishnan and Mohit Jain.
The investment objective of the scheme is to generate regular income through investment in a portfolio comprising substantially of floating rate debt instruments. The scheme may invest a portion of its net assets in fixed rate debt securities swapped for floating rate returns and money market instruments.

Sundaram Mutual Fund (MF) has launched the Sundaram Bluechip Fund, an open ended equity scheme predominantly investing in large cap stocks. The NFO opens for subscription on September 17, 2020 and closes on September 30, 2020. The Entry load is not applicable for the scheme. The Exit load will be 1%, for redemption within 12 months from the date of allotment and nil, for redemption on or after 12 months from the date of allotment. The minimum subscription amount is Rs 100 and in multiples of Re 1 thereafter.
The scheme’s performance will be benchmarked against its performance to the Nifty 100 TRI index and its fund managers are Rahul Baijal & S Krishnakumar (equity), Dwijendra Srivastava (Fixed Income) and Rohit Seksaria is the dedicated fund manager for investments in overseas securities.
The investment objective of the scheme is to generate capital appreciation by investing in large cap stocks.

Baroda Mutual Fund (MF) has launched the Baroda Large and Mid Cap fund, an open ended equity scheme investing in both large cap and mid cap stocks. The NFO opens for subscription on August 17, 2020 and closes on August 31, 2020. The No Entry load will applicable for the scheme. The Exit load will be nil, if redeemed up to 10% of the Units, on or before 365 days from the date of allotment of Units. If Units are redeemed over and above the 10% limit, on or before 365 days from the date of allotment of Units, the Exit load will be 1% of the applicable Net Asset Value (NAV). If Units are redeemed after 365 days from the date of allotment of Units, the Exit load will be nil. The above Exit Load will be applicable on a FIFO (First-In-First-Out) basis, to all subscription transactions, excluding switch-ins. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.
The scheme’s performance will be benchmarked against its performance to S&P BSE 250 Large MidCap 65:35TRI and its fund managers are Sanjay Chawla and Ashwani Kumar Agarwalla.
The investment objective of the scheme is to seek long term capital growth through investments in both large cap and mid cap stocks.

Union Mutual Fund (MF) has launched the Union Medium Duration Fund, an open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 to 4 years. The NFO opens for subscription on August 24, 2020 and closes on September 07, 2020. The Entry load is nil. Up to 15% of the units allotted may be redeemed / switched out without any exit load.  Any redemption / switch out in excess of 15% of units allotted shall be subject to the following exit load: 1% if redeemed or switched out on or before 365 days from the date of allotment; and nil if redeemed or switched out after 365 days from the date of allotment. The minimum subscription amount is Rs 5000 and in multiples of Re.1 thereafter.
The scheme’s performance will be benchmarked against its performance to CRISIL Medium Term Debt Index and its fund managers are Parijat Agrawal and Anindya Sarkar.
The investment objective of the Scheme is to generate income and capital appreciation by investing in Fixed Income Securities and Money Market Instruments.

ICICI Prudential Mutual Fund (MF) has declared dividend under ICICI Prudential Fixed Maturity Plan-Series 81-1100Days Plan R. The record date for the same is August 19, 2020. The quantum of dividend on the face value of Rs 10 per unit will be Rs 0.0500 each under regular and direct plan dividend.
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 August 16, 2020. For the purposes of redemption proceeds, the record date shall be August 19, 2020.

Invesco Mutual Fund has filed offer document with SEBI to launch an open  ended  fund  of  fund  scheme named 'Invesco India Feeder - Invesco Global Consumer Trends Fund' .The New Fund Offer price is Rs 10 per unit. Entry load will be nil and exit load ,if units are redeemed/switched out within 1 year from the date of allotment: it will be up to 10% of units allotted are redeemed/switched out - Nil , any redemption / switch-out of units in excess of 10% of units allotted it will be 1%; if units are redeemed/switched out after 1 year from the date of allotment, no exit load is payable. The scheme currently offers growth and dividend option and seeks to collect a Minimum Target Amount of Rs 10 crores.
The performance for schemes will be benchmarked against MSCI World Consumer Discretionary Index - Net Dividend. The minimum application amount for initial purchase is Rs 1000 each and in multiples of Re 1 thereafter.
The investment objective of the scheme seeks to provide long-term capital  appreciation  by  investing  predominantly in units of Invesco Global Consumer Trends Fund, an  overseas  fund   which  invests   in an international portfolio of companies predominantly engaged in the design, production or distribution of products and  services related to  the  discretionary consumer needs of individuals.

ICICI Prudential Mutual Fund (MF) has launched the ICICI Prudential Alpha Low Vol 30 ETF an open-ended Index Exchange Traded Fund tracking Nifty Alpha Low-Volatility 30 Index. The NFO opens for subscription on August 03, 2020 and closes on August 10, 2020. The Exit load and Entry load will not be applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Rs 1 thereafter.
The scheme’s performance will be benchmarked against its performance to Nifty Alpha Low-Volatility 30 TRI and its fund manager is Kayzad Eghlim.
The investment objective of the scheme is to provide returns before expenses that closely correspond to the total return of the underlying index subject to tracking errors.

Minister of State for Food and Consumer Affairs has projected a fall in Indias sugar output by 18% Y-o-Y, at 27.3 million tonne (MT) for ongoing 2019-20 season compared to 33.13 in last sugar season 2018-19. According to the industry body Indian Sugar Mills Association (ISMA), the country has produced 19.48 MT of sugar till February of the marketing year 2019-20 (October-September).
Sharp dip in the yield of sugarcane in the major sugar-producing states of Maharashtra and Karnataka, due to drought in some parts and heavy rains and floods in some other parts of these states, has resulted in the overall dip in sugar output.
Even though, the carry-over stock of about 14.5 MT of the previous sugar season and estimated production of about 27.3 MT in the current sugar season, the availability of sugar will be sufficient to meet the domestic consumption of about 26 MT. While, the ISMA, stated that contracts for exports have been made for a quantity of over 3.5 MT. The government has given 6 MT of sugar export quota for mills in the current season.

World Steel Association (worldsteel) in its latest report has stated that crude steel output of India has dipped by 3.26% to 9.288 million tonnes (MT) in January 2020 as compared to same month last year`s 9.591 MT. Meanwhile, the overall crude steel production from 64 countries reporting to the association was at 154.4 MT in January 2020, up by 2.1 % as against January 2019.
China, the world`s largest steel producing country, reported a rise in crude steel production in month of January 2020 by 7.2% at 84.3 MT as against last year same month. However, Japan has reported fall in its crude steel output during the period under consideration, by about 1.3% compared to last year same period. South Korea`s crude steel production was 5.8 MT in January 2020, a decrease of 8% from the corresponding period last year.
worldsteel represents steel producers, national and regional steel industry associations, and steel research institutes. As many as 64 major steel producing countries report data to the body which represents around 85% of global steel production.

Indias coal imports have increased by 8.6% to 21.83 million tonnes (MT) during the month of November 2019 from a year earlier, after previous three straight months of decline.
As per estimates of Coal Ministry, thermal coal, which is been used for electricity generation, imports peaked to 17.65 MT by about 12.3% increase as against previous year same month. While, shipping in of coking coal into the country fell by 5% to 4.18 MT as compared to last year same month.
During August to October, Indian thermal coal imports had marked declines, registering their longest losing streak in over two years. Mainly, the broader economic slowdown worries had weighed on the industrial investments.

The Gem Jewellery Export Promotion Council (GJEPC) stated that Indias exports of gems and jewelry slipped 8.45% to Rs 21,146.59 crore in January 2020, as against previous year same month`s Rs 23,099.57 crore. The country`s exports during April 2019 to January 2020, witnessed a fall of 4.78% to Rs 2,16,076.06 crore as against previous year same period`s 2,26,933.91 crore.
Shipment of cut and polished diamonds (CPD) in the month of January also dropped by 4.92% to Rs 11,757.08 crore as against previous year same month`s Rs 12,365.89 crore. While for the first 10 months of FY20 the CPD slipped by 16.04% to Rs 1,14,982.97 crore as against previous year same period`s Rs 1,36,941.69 crore.
The overall gold exporting in January also dipped by 2.21% to Rs 6,337.12 crore as against previous year same month`s Rs 6,480.26 crore. Although, overall gold jewelry exporting during April 2019 to January 2020 has marked a gain of 5.33% to Rs 71,981.43 crore as against previous year same period`s Rs 68,340.74 crore.

Union Agriculture Minister Narendra Singh Tomar has said potato production of India increased 51% to 52.5 million tonnes (MT) in over a decade. Its production had stood at 34.7 MT in 2008. He pegged the potato output to grow about 3% annually till 2050. He added that the production of potato rose 34 times in seven decades while the area under cultivation grew by 9.3 times.
India is the second-largest producer of potato after China in the world. Together, both the countries contribute 38% to the world`s total potato production. Tomar further said the country also needs to increase the crop`s exports.
He expressed concerned over crop losses, saying the damage to the crop currently stands at 16 per cent that needs to be reduced. He also said that experts and researchers will have to find a way out to develop high-quality and disease-resistant variety of potato seed which would consume less water and meet the challenges of global warming.

The Economic Survey 2019-20 has showed that India produced 64.3 million tonne (MT) of crude steel and 59.73 MT of finished steel during April-October, 2019-20. The Survey also noted that the steel sector achieved a growth of 5.2 per cent during April-November period of the ongoing financial year as compared to 3.6 per cent in the year-ago period.
As per the survey, India produced 109.2 MT of crude steel during 2018-19 and in the current financial year (FY) till October 2019, crude steel production was 64.3 MT, displaying a growth of 1.5 per cent over corresponding period of last year with utilization capacity of 77.4 per cent. Similarly, it noted that production of finished steel was 137.2 MT in 2018-19 and 59.73 MT during April-October 2019.
The Survey further said as per RBI studies on corporate performance, demand conditions for the manufacturing sector weakened in second quarter of 2019-20, with a contraction year-on-year in nominal sales. It added that petroleum products, iron and steel, motor vehicles and other transport equipment companies were the major contributors to slowdown.

Indias gold imports has dipped by 6.77% to $23 billion during April-December 2019 as against last year same period`s $24.73 billion. This has contributed to trim the countrys current account deficit (CAD) to $118 billion during the period, compared to last year`s $148.23 billion.
India, the largest importer of gold, imports about 800-900 tonne of gold annually in volume terms. The government had increased import duty on the metal to 12.5% from 10%, to mitigate the negative impact of gold imports on trade deficit and CAD.
Meanwhile, gems and jewelry exports declined 6.4% to $27.9 billion in April-December this fiscal. The country`s imports in terms of value dipped by 3% to $32.8 billion in 2018-19. According to RBI data, the CAD narrowed to 0.9% of gross domestic product or $6.3 billion in July-September 2019 from 2.9% or $19 billion in corresponding period previous year.

The government is considering lifting ban on exports of onion as fresh arrival of the commodity has started softening its prices in the domestic market. Arrival of fresh onion will further soften the prices in the domestic market so there is a need to lift the export ban. Onion prices have come down to around Rs 60-70 per kg depending upon quality and locality from the peak of Rs 160 per kg last month.
Fresh onion is available from January to May. In September 2019, the government had banned the export of onion to increase availability of the commodity in the domestic market and contain rising prices. The government had also imposed stock limits on traders.
Retail onion prices had skyrocketed in Delhi and other parts of the country due to supply disruption from flood-affected growing states like Maharashtra. Onion production is estimated to have declined by around 25% in the Kharif and late Kharif seasons of 2019-20 crop year compared to the previous year due to late monsoon and then excess rains in the major producing states.

Gaining for third session in a row, Indian equity benchmarks ended Tuesday’s session with marginal gains, as a slowdown in daily coronavirus cases raised hopes that the government will further ease restrictions. After making cautious start, domestic bourses turned positive, as traders found solace with a private report that COVID-19 vaccines will be the fastest vaccine to be ever developed and they will be available by the summer of 2021. Some support also came as Finance Minister Nirmala Sitharaman exhorted large central public sector enterprises (CPSEs) to achieve by December 75 per cent of their planned capital expenditure (capex) target for 2020-21, to support economic growth hit by the COVID-19 crisis. 
Markets added more gains in the afternoon session, taking support from data released by the Ministry of Statistics and Programme Implementation (MoSPI) in the quarterly bulletin of the Periodic Labour Force Survey (PLFS) showing that unemployment in urban areas fell to 8.4% in July- September 2019 from 8.9% in the June quarter last year. However, key indices gave up some of their initial gains in final hour of trade, as some cautiousness remained among traders with Finance Minister Nirmala Sitharaman’s statement that the government has begun an exercise to assess the impact of the pandemic on the economy and likely contraction in GDP, even as she did not rule out the possibility of another stimulus to boost growth. Meanwhile, the Finance Ministry said banks have covered 1.5 crore farmers under the Kisan Credit Card (KCC) scheme to sanction credit limit of Rs 1.35 lakh crore to help them meet financial requirements during the COVID-19 crisis.
On the global front, Asian markets ended mostly lower on Tuesday, as investors waited for fresh news on U.S. fiscal stimulus ahead of the deadline to reach an agreement. There were reports that U.S. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin ‘continued to narrow their differences’ on the virus relief package. Meanwhile, the central bank (PBOC) left its benchmark lending rates unchanged for the sixth consecutive month, as widely expected. The one-year loan prime rate was retained at 3.85 percent and the five-year loan prime rate was maintained at 4.65 percent. European markets were trading mostly in green, even as Europe reported record daily coronavirus infections. The French government announced its plan to expand aid measures to help small businesses hit by the coronavirus pandemic with a 20 billion euros scheme of quasi-equity loans.
Back home, on the sectoral front, healthcare stocks ended higher as Union Minister of State for Agriculture Parshottam Rupala has launched a new scheme, Ayushman Sahakar, under which the National Cooperative Development Corporation (NCDC) would extend term loans of Rs 10,000 crore to cooperatives for creating healthcare infrastructure in rural India. The Ayushman Sahakar specifically covers establishment, modernization, expansion, repairs, renovation of hospitals and healthcare and education infrastructure. Besides, Sugar industry stocks were in focus with ISMA’s statement that India needs to export 6 million tonnes (MT) of sugar in 2020/21 marketing year started on October 1 as the production is set to jump on higher area.
Finally, the BSE Sensex rose 112.77 points or 0.28% to 40,544.37, while the CNX Nifty was up by 23.75 points or 0.20% to 11,896.80.
The BSE Sensex touched high and low of 40,732.01 and 40,305.59, respectively and there 16 stocks advancing against 14 stocks declining on the index.
The broader indices ended in green; the BSE Mid cap index rose 0.47%, while Small cap index was up by 0.30%.
The top gaining sectoral indices on the BSE were Realty up by 3.77%, Telecom up by 2.62%, TECK up by 1.64%, IT up by 1.34% and Consumer Discretionary up by 0.88%, while Oil & Gas down by 1.30%, PSU down by 1.09%, Energy down by 0.99%, Power down by 0.96% and Utilities down by 0.89% were the top losing indices on BSE.
The top gainers on the Sensex were HCL Technologies up by 4.19%, Tech Mahindra up by 3.05%, Asian Paints up by 2.35%, Bharti Airtel up by 1.91% and HDFC Bank up by 1.73%. On the flip side, ONGC down by 2.67%, Power Grid down by 1.44%, NTPC down by 1.22%, Reliance Industries down by 0.93% and HDFC down by 0.86% were the top losers.
Meanwhile, Union Minister of State for Agriculture Parshottam Rupala has launched a new scheme, Ayushman Sahakar, under which the National Cooperative Development Corporation (NCDC) would extend term loans of Rs 10,000 crore to cooperatives for creating healthcare infrastructure in rural India. The Ayushman Sahakar specifically covers establishment, modernization, expansion, repairs, renovation of hospitals and healthcare and education infrastructure. It would also assist cooperative hospitals take up medical and Ayush education. The scheme also provides working capital and margin money to meet operational requirements. The scheme provides interest subvention of 1 per cent to women majority cooperatives.
Any cooperative society with suitable provision in its byelaws to undertake healthcare related activities would be able to access the NCDC fund. The NCDC assistance will flow either through the state governments or directly to the eligible cooperatives. Subsidy/ grant from other sources can be dovetailed. The ongoing pandemic has brought into focus the requirement of creation of more facilities. The NCDC's scheme will be a step towards strengthening farmers welfare activities by the central government. The NCDC would extend term loans of Rs 10,000 crore to prospective in the coming years under the scheme, which would revolutionize the way healthcare delivery takes place in rural areas.
The NCDC's Ayushman Sahakar which is in line with National Digital Health Mission would bring transformation in rural areas. By virtue of their strong presence in rural areas, cooperatives utilizing the scheme would bring revolution in comprehensive health care services. That apart, the NCDC's scheme aligns itself with the focus of the National Health Policy, 2017, covering the health systems in all their dimensions - investments in health, organization of healthcare services, access to technologies, affordable health care to farmers, among others.
The CNX Nifty traded in a range of 11,949.25 and 11,837.25 and there were 25 stocks advancing against 24 stocks declining, while 1 stock remains unchanged on the index.
The top gainers on Nifty were HCL Technologies up by 4.29%, Tech Mahindra up by 3.17%, Asian Paints up by 2.94%, Bharti Airtel up by 2.00% and HDFC Bank up by 1.75%. On the flip side, Britannia Industries down by 5.82%, ONGC down by 2.60%, GAIL India down by 2.29%, Indian Oil Corporation down by 2.15% and UPL down by 1.84% were the top losers.
European markets were trading mostly in green; UK’s FTSE 100 increased 9.40 points or 0.16% to 5,894.05 and France’s CAC increased 15.37 points or 0.31% to 4,944.64, while Germany’s DAX decreased 56.68 points or 0.44% to 12,797.98.
Asian markets ended mostly lower on Tuesday ahead of the deadline for a new fiscal stimulus agreement from Washington. Reports showing that US House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin ‘continued to narrow their differences’ on the corona virus relief package. Japanese shares ended lower as surging corona virus cases in Europe raised investors' concerns. Though, Chinese shares ended higher as the central bank (PBOC) left its benchmark lending rates unchanged for the sixth consecutive month, as widely expected. The one-year loan prime rate was retained at 3.85 percent and the five-year loan prime rate was maintained at 4.65 percent.

       COPPER: -850 MT

       ZINC: -1850 MT

       LEAD: -1025 MT

       NICKLE: -1194 MT

       ALUMINIUM: -13575 MT

LME Cancelled Warrants

       COPPER: -[0.05]

       ZINC: -[0.18]

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       NICKLE: -[0.08]