๐ข Stock Specific Updates
โ
THE GAINERS
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#ApolloMicro: Soared 15% after securing a government license to manufacture ammunition (missiles/bombs).
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#VSTInd: Jumped 15% as Q4 profit surged 120% on lower raw material costs.
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#BajajConsumer: Hit a 5-year high; Q4 net profit surged 105.3% driven by
#ADHO sales.
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#AngelOne: Rising as Q4 net profit jumped 83.5% on higher trading turnover.
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#RVNL: Bagged a โน967.9 Cr order from East Coast Railway for bridge and line construction.
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#NBCC: Sold commercial space in Delhi for a massive โน5,779 Cr via e-auction.
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#WaareeRenewable: Q4 Revenue soared 131% with a 66% jump in net profit.
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#JSWSteel: Partnering with POSCO Group to build a 6 MTPA steel plant in Odisha.
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#KoltePatil: Surged 12% on strong Q4 sales value and collections growth.
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#Crisil: Q1 profit grew 45.9% on strong ratings and research demand.
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#SignatureGlobal: Investing โน2,890 Cr in a branded luxury project in Gurugram.
โ ๏ธ THE LAGGARDS / NEGATIVES
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#AlokIndustries: Net loss expanded by 158.5% due to inventory costs.
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#Wipro: Fell nearly 3% after Q4 profit missed estimates; board approved a โน15,000 Cr buyback at โน250/share.
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#HDFCLife: Revenue declined 17.8% YoY due to investment income losses.
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#DixonTech: HSBC maintains 'Hold'; warns of delays in the VIVO JV approval affecting FY27.
๐ฏ Brokerage Actions & Technicals
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#HDFCAMC: Nuvama maintains 'Buy' but lowers target to โน3,170.
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#SudarshanChem: Nippon India Mutual Fund acquired a stake worth โน144 Cr via a bulk deal.
๐ดOverbought Zone (RSI):
#GallantIspat,
#AdaniPower, and
#GMDC.
๐ด52-Week Highs:
#AdaniEnergy,
#AdaniPower, and
#AurobindoPharma.
#Nifty #Sensex #DefenceStocks #RealEstate #GiftNifty #HDFCBANK #ICICIBank
๐ Market Wrap 17 APR: Bulls Rejoice as Peace Talks Spark Relief Rally! ๐
Indian markets ended firmly in the green today(yesterday), boosted by a temporary ceasefire between Israel and Lebanon. The positive global sentiment, combined with cooling volatility, allowed benchmarks to gain 0.7% with a very strong advance-decline ratio.
๐ The Numbers Game
๐นNifty 50: 24,353.55 ( 0.65%)
๐นSensex: 78,493.54 ( 0.65%)
๐นNifty 500: 22,869.40 ( 0.94%)
๐นMarket Breadth: Overwhelmingly Positive (1,957 Gainers vs. 772 Losers)
๐นIndia VIX: Crashed 4.9% to 17.2 points
๐๏ธ Macro & Global News
๐นCeasefire Hopes: A temporary Israel-Lebanon truce boosted hopes for US-Iran deals. Brent crude eased after a sharp Thursday spike.
๐นQSR Warning: Morgan Stanley warns of weak near-term demand for Quick Service Restaurants due to cost pressures, preferring
#Titan,
#DMart, and
#Trent.
๐นNew Listing:
#OmPowerTransmission debuted at a 6.3% premium (Listing price โน186 vs Issue price โน175).
๐๏ธ Sector Highlights
๐นTop Gainer: Hardware Technology & Equipment ( 6.3%)
๐นOther Gainers:
#FMCG,
#CapitalMarkets, and
#RealEstate.
๐นHigh Volume Movers:
#NAVA ( 12.2%),
#AngelOne ( 10.2%), and
#Ircon ( 8.7%).
#Nifty #Sensex #GiftNifty