Indian benchmark indices Nifty 50 and Sensex ended the previous session in the green. Nifty 50 closed at 24,125.55, while Sensex ended at 79,408.50.<\/p>\n
Nifty 50 ended the previous session 2,151.8 points away from its record high of 26,277.35.Overnight, Wall Street indices ended lower. Asian stocks declined in early trade today.<\/p>\n
HCLTech, M&M Financial Services, AU Small Finance Bank, Havells India, Tata Communications, Cyient DLM, Waaree Energies, are reporting their quarterly earnings today.<\/p>\n
HUL, Brigade Enterprises, Tata Power, Tata Motors, Coal India, Tata Investment, Anant Raj, Gandhar Oil Refinery, HG Infra Engineering, are among the other stocks in focus today.<\/p>\n
\u00a0<\/strong>RBL Bank Sees Clean Out Trade From British International Investment: Exclusive<\/strong><\/p>\n Shares of RBL Bank Ltd., fell on Tuesday, April 22, after it saw a clean out trade from British International Investment, a key foreign investor, sources with knowledge of the matter told CNBC-TV18.<\/p>\n Metal Companies Gain<\/strong><\/p>\n Metal stocks are in the green after the government imposed 12% safeguard duty on alloy, non-alloy steel imports<\/p>\n Senco, Kalyan In Focus As International Gold Price Hits $3,500\/oz, Gold On MCX Near Rs 1 Lakh\/10g<\/strong><\/p>\n Large Trade In RBL Bank<\/strong><\/p>\n As many as 2.3 crore shares or 3.9% equity changes hands at Rs 188 per share via block deals. Sources say British International Invst likely to have sold its entire 3.8% stake via block deals. Both FIIs and DIIs have participated in RBL Bank\u2019s block deals<\/p>\n Rupee Opens At 85.14 Vs USD<\/strong><\/p>\n Rupee closed at 85.13 Vs USD on Monday<\/p>\n HUL in focus today; here’s why<\/strong><\/p>\n The company announced the completion of its acquisition of a 90.5% stake in Uprising Science Private Limited, marking a significant expansion of its presence in the science-led consumer products space. The acquisition was carried out through a combination of primary infusion and secondary purchase, with a total cash outlay of \u20b92,706.45 crore.<\/p>\n Here’s why shares of Anant Raj are in focus today<\/strong><\/p>\n Real estate and infra major reported a consolidated net profit (profit after tax) of \u20b9118.6 crore, recording a significant increase of 51.5% compared to \u20b978.3 crore in the same period last year. Anant Raj\u2019s revenue surged by 22.2%, reaching \u20b9540.7 crore in Q4 as opposed to \u20b9442.6 crore year-on-year (YoY). Earnings before interest, taxes, depreciation, and amortisation (EBITDA) also showed remarkable improvement, climbing by 36.5% to \u20b9142.4 crore from \u20b9104.3 crore YoY.<\/p>\n Coal India in focus today; find out why<\/strong><\/p>\n The state-owned company said it has partnered with Damodar Valley Corporation (DVC) to develop a 1,600 MW (2\u00d7800 MW) ultra-supercritical thermal power plant in Jharkhand. The total investment would be to the tune of \u20b916,500 crore. The brown field project will be an expansion of the existing Chandrapura Thermal Power Station (CTPS), which currently operates with a capacity of 2\u00d7250 MW.<\/p>\n Here’s why Brigade Ent is in focus today<\/strong><\/p>\n Realty firm said it has entered into a Joint Development Agreement (JDA) for a plotted development project in Malur, East Bengaluru. The project will span approximately 20 acres and has a gross development value (GDV) of around 175 crore. The total development potential is pegged at 0.45 million square feet.<\/p>\n Editor’s Take | Prashant Nair Shares His Views On The Market<\/strong><\/p>\n Trump \/ Powell tensions continue with Trump again calling for preemptive cuts Bharti Airtel, ICICI Bank, Grasim, Sun Pharma And Eternal (Zomato) are the top gainersSensex is up nearly 600 points<\/p>\n Nifty 50 Rises Above 23,500, ICICI Bank, Grasim Top Gainers<\/strong><\/p>\n Nifty 50 is currently at 23,518.35. ICICI Bank, Grasim, Sun Pharma, Bharti Airtel and Eternal are the top gainers. A total of 36 out of the 50 stocks are trading with gains.<\/p>\n <\/p>\n
\nMarket clearly uncomfortable with current dynamic between White House & Fed
\nFed independence is in focus & markets don\u2019t like it
\nAll US assets sold off; equities, bonds, Dollar sharply lower
\nSPX -2.36%, Nasdaq -2.55%
\nUST 10y yield +9 bps to 4.41%
\nDollar Index -0.48% to 98.35
\nCBOE VIX shot back up +14.06% to 33.82
\nGold climbed another 3% to a new record
\nBrent Oil -1.9% to $66.65
\nUSTR said that US & India are negotiating well; USDINR NDFs weren\u2019t changed
\nTariff\/trade headlines could be market moving
\nNifty > 24,200, Bank Nifty makes a new high
\nNifty upside level is 24,546 (61.8% retracement of entire fall)
\nOn the way down, 23,800-23,850 will be the support zone
\nNifty 40-HEMA at 23,492 is also a support
\nBank Nifty hit it\u2019s first extension level at 55,474
\nNext upside level for Bank Nifty is 56,631
\nSupport for Bank Nifty at 54,407-54,674
\nBank Nifty 40-HEMA at 53,246 is also a support Above 23,600<\/strong><\/p>\n