Stocks wavered amid worries about inflation and monetary tightening on Monday.
Equities fell in Japan and fluctuated in South Korea and Australia. U.S. futures declined as pressure continues after the Federal Reserve signaled sharp interest-rate hikes and balance-sheet reduction to tackle price pressures. The Singapore-traded SGX Nifty, an early barometer of India's benchmark Nifty 50, fell 0.32% to 17,837 points as of 7:20 a.m.
Emmanuel Macron's lead in the first round of the French presidential vote aided the euro. Crude oil retreated while Bitcoin fell to about $42,100.
Stocks To Watch
Wipro: The company appointed Anis Chenchah as CEO, Asia Pacific, India, Middle East and Africa region after N S Bala decided to move back to the US for personal reasons.
Tata Motors: Jaguar Land Rover's retail sales in Q4 continue to be hit by the global semiconductor shortage, but the company saw a gradual improvement in chip supply.
IDBI Bank: RBI imposes monetary penalty of Rs 90 lakh for non-compliance with guidelines on fraud classification and reporting, strengthening the controls of payment ecosystem and cyber security framework.
Axis Bank: RBI imposes penalty of Rs 93 lakh for non-compliance with RBI guidelines on loans and advances, know your customer and levy of penal charges on non-maintenance of minimum balance in savings accounts..
Bandhan Bank: Housing Development Finance Corp. sold 49.63 million shares of Bandhan, Society General bought 19.08 million shares: BSE
RITES: In pact with IIT-Delhi for Road Design, Safety Project
Earnings today: TCS, Delta Corp, Kesoram Industries
Listings today: Veranda Learning Solutions
Pledged Shares Details
Mangalore Chemicals & Fertilisers: Promoter Zuari Agro Chemicals revoked a pledge of 25 lakh shares on April 7.
Insider Trades
Best Agrolife: Promoter Geeta Garg sold 2,500 shares on April 5.
KCP: Promoter Group S Nalini sold 276 shares between March 17 and March 21 and bought 2,820 shares between March 22 and April 5.
Bulk Deals
Bandhan Bank: Housing Development Finance Corp. sold 4.96 crore (3.08%) shares at Rs 306.61 apiece. Societe Generale bought 1.90 crore (1.18%) shares at Rs 306.55 apiece.
Care Ratings: Phaeacian Accent International Value Fund sold 3.73 lakh (1.26%) shares at Rs 540.21 apiece. Multi Fund 10 Umbrella Icav - Kinsale Navigator Fund sold 2.99 lakh (1.01%) shares at Rs 540.21 apiece.
Trading Tweaks
Price Band Revised From 20% To 10%: IOL Chemicals and Pharmaceuticals, Ashapura Minechem
Record Date Interim Dividend: Angel One
Ex-Date Face Value Split: PBCL
Move Into Short-Term ASM Framework: Neuland Laboratories, Suryoday Small Finance Bank, Shree Renuka Sugars, DCB Bank, GMR Power and Urban Infra, Yes Bank, Marksans Pharma, Ramco Systems, IOL Chemicals and Pharmaceuticals, Morepen Laboratories, Suzlon Energy, BLS International Services
Move Out Of Short-Term ASM Framework: Avadh Sugar & Energy
Money Market Update
The rupee ended Rs 75.90 at against the U.S. Dollar on Thursday as compared to Wednesday's closing of 75.96.
F&O Cues
Nifty April futures ended at 17,895.95, a premium of 110.6 points.
Nifty April futures shed 0.95% and 1,864 shares in Open Interest.
Nifty Bank April futures ended at 38,042, a premium of 289.95 points.
Nifty Bank April futures added 4.63% and 3,674 shares in Open Interest.
Securities added to the ban list: RBL Bank
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