Gold Silver Reports (GSR) – The S&P BSE Sensex rose 0.3 percent to 34,302 while the NSE Nifty 50 gained 0.5 percent to 10,530. The market breadth was tilted in favour of the sellers all through the session.
Indian equity benchmarks posted their longest winning streak since November as investors shrugged off disappointing Infosys earnings to focus on the rest of the earnings season.
📌 WS Industries proposes a one-time settlement with SBI and discussed settlement with Edelweiss Arc among others.
📌 Sobha will invest Rs 500 crore for residential project in GIFT City, Gujarat.
📌 Sterlite Technologies board to consider raising funds through issue of securities on April 25.
📌 Omkar Specialty Chemicals says Bank of Baroda classified its loan account as NPA.
📌 Bajaj Electricals bags orders worth Rs 3,578 crore for rural and urban electrification projects in Uttar Pradesh.
📌 RCom says NCLAT to hear tower sale appeal on tower sale on April 18.
📌 BlueStar signs up with Sands International and its partners for distribution of products in Saudi Arabia.
📌 Goa Carbon resumes operations at Orissa plant which was shut for maintenance.
📌 Adani Ports signs long term regasification pact with Indian Oil for Dhamra LNG Terminal.
📌 Fortis board to meet on April 19 to consider various offers received.
📌 HDFC says AMC units FY18 total revenue up 18 percent (YoY) to Rs 1,867 crore, net profit up 31 percent to Rs 721 crore.
📌 Alok Industries says resolution professional seeks liquidation.
📌 Amtek Auto says submitted resolution plan with NCLT.
📌 Religare Enterprises received order from HC stating that the long stop date under SPA cannot be extended further.
📌 JM Financial unit acquires additional 8.78 lakh shares in Spandana.
F&O Setup
📌 Nifty April futures closed trading at 10,543 with a premium of 14.6 points versus 9.8 points
📌 April series: Nifty open interest up 1 percent, Bank Nifty open interest up 4 percent
📌 India VIX ended at 14.2, up 0.8 percent
📌 Max open interest for April series at 10,700 (open interest at 44 lakh, up 9 percent)
📌 Max open interest for April series at 10,300 (open interest at 55 lakh, up 6 percent)
