#JustIn | NSE to launch derivative contracts on Nifty Next 50 index effective April 24

Infosys - Sharp Miss On All Counts !

- Revenue: Down 2.2% QoQ & flat YoY

- EBIT margin 20.1% (-41 bps QoQ, -94 bps YoY)

- FY'25 Guidance: Revenue growth of 1-3% YoY, margin at 20-22% (similar to FY'24)

#StockMarket #nifty50 #Infosys

Wild 8 minutes !

1.27 PM To 1.35 PM.

Nifty dives 150 points in ONE minute.

160 point recovery in next SEVEN minutes.

#nifty50 #StockMarket CNBC-TV18 #BankNiftyOptions

Kotak Equities - Comparing manifestos !

'A fun observation -
The BJP manifesto makes no mention of the Congress in its 76 pages, while the Congress manifesto has 38/55 references to BJP/NDA in its 48 pages, which possibly highlights the different mindset & position of the two…

ICICI LOMBARD Q4FY24: Growth, Above Industry Average, Operational Performance Also Shines

KEY NUMBERS:
1⃣Net Earned Premium 🔼17% (YoY)
2⃣Q4 Underwriting Loss 🔽7.5% (YoY)
3⃣Combined Ratio Improves To 102.2 Vs 104.2

Management Guided For Strong Growth In FY25
-Ind Likely To

Good morning, folks !

Late last year, US 10 year yields hit 5%, stocks fell& Fed responded with a more dovish position..

Since then, we have had a string of strong data..

Powell has now MTM'ed himself !

#GIFTNIFTY #StockMarket #NiftyBank #IranIsraelConflict

*WHAT HAPPENED OVERNIGHT*

-> Sentiment & positioning drove markets

-> SPX -0.58%, Nasdaq -1.15%

-> UST 10y yield lost 8 bps to 4.59%

-> Dollar Index -0.38% to 105.93

-> Oil down 2.9% to $87.40/bbl

-> US President Biden is calling to triple the tariff rate on Chinese steel &…

Prayers to Shri Ram on the occasion of Ram Navami 🙏

May he bless everyone with health & happiness !

Just put out, Mr Viswanthan :)

*WHAT HAPPENED OVERNIGHT*

-> SPX -0.21%, Nasdaq -0.12%

-> UST 10y yield +5 bps to 4.66%

-> Dollar Index +0.13% to 106.34

-> Powell: Data shows a lack of progress on inflation

-> Jerusalem Post: IDF has decided how it will counter-strike Iran and its proxies but has not yet

Zee Enterprises stock out of F&O !

#StockMarket

Dollar strength means Asia FX is on the backfoot !

1. Rupee at record low vs USD

2. Taiwan Dollar weakest since 2016

3. Indonesian Rupiah >15,000 for 1st time since 2020

4. Korean Won back to Nov-2022 levels

#USDollar #StockMarket #FederalReserve ManishChokhani

This table from Kotak Equities on cement companies is pretty telling !

Actual vs consensus EPS estimates for the last 8 years. Cuts every year.

And FY'24 has been no different.

#StockMarket

The state of play right now,

Nifty at 61.8% retracement of the 1000 point upmove.

Bank Nifty at today's low has defended 40-day MA.

#StockMarket #Nifty #Israel #IranIsraelConflict

VA Tech Wabag is the market leader in desalination plants in India.

Chat with VA Tech Wabag. Do watch👇

Key takeaways,
- Betting big on desalination to address water issue
- Order book is Rs.12,000cr
- Pipeline of orders is big, no shortage of work
- Orders backed by…

Good morning, folks !

2 drivers - geopolitics & rates..

a. All eyes on Israel's response now, b. US 2 year bond yield hit 5% briefly overnight..

PS - Stock market holiday tomorrow.

#GIFTNIFTY #stockmarkets #banknifty #IsraelIranConflict

*WHAT HAPPENED OVERNIGHT*

-> Dow -0.65%, SPX -1.20%, Nasdaq -1.79%

-> UST 10y yield jumped 8 bps to 4.60%

-> Dollar Index +0.21% to 104.19

-> Geopolitics & US data - drove markets

-> 'Israel defense minister to Pentagon: No choice but to retaliate against Iran'(Axios)

-> US…