Photo from Ankit Mishra

Photo from Ankit Mishra

Photo from Ankit Mishra

*Events that Will Likely Drive the Market :*

*Date Events Calendar :*

*2-Apr : India Local Car Sales for Mar*

*4-Apr : RBI Monetary Policy Review*

*10-12 : Apr 4QF19 earnings season begins*

*11-Apr : General Elections commence*

*12-Apr : Monthly CPI YoY% for Mar*

*12-Apr : Industrial Production YoY for Feb*

*14-Apr : Fortnightly Credit Growth Update*

*15-Apr : Exports and Imports YoY% for Mar*

*15-Apr : Monthly Wholesale Prices YoY% for Mar*

*29-Apr : Fortnightly Credit Growth Update*

*30-Apr : Infrastructure output for Mar*

*30-Apr : Ownership Data for QE Mar-19*

*2-May : India Apr Nikkei Manufacturing PMI*

*9 -12 May : India Local Car Sales for Apr*

*10-May : Industrial Production YoY for Mar*

*13-May : Monthly CPI YoY% for Apr*

*13-May : MSCI Index Semi Annual Review*

*14-May : Monthly Wholesale Prices YoY% for Apr*

*14-May : Fortnightly Credit Growth Update*

*15-May : Exports and Imports YoY% for Apr*

*23-May: Outcome of General Elections*

*29-May : Fortnightly Credit Growth Update*

*31-May : Infrastructure output for Apr*

*31-May : Earnings Season End*

*31-May : Fiscal Deficit data for Mar*

*31-May : Qtrly GDP / GVA for QE Mar 19*

*31-May : Annual GDP Govt. Estimate*

*3-Jun : India May Nikkei Manufacturing PMI*

*5 - 28 Jun : BoP Current A/C Balance for 4QF19*

*9 - 12 Jun : India Local Car Sales for May*

*12-Jun : Industrial Production YoY for Apr*

*12-Jun : Monthly CPI YoY% for May*

*13-Jun : Fortnightly Credit Growth Update*

*14-Jun : Monthly Wholesale Prices YoY% for May*

*12 -15 Jun : Exports and Imports YoY% for May*

*28-Jun : Infrastructure output for May*

*28-Jun : Fortnightly Credit Growth Update*

*28-Jun : Fiscal Deficit data for May*

*Source : Bloomberg, Morgan Stanley Research*

Photo from Ankit Mishra

Photo from Ankit Mishra

✳️*Axis Bank reports Q4 net profit at Rs 1,505 cr as provisions fall sharply*

The bank had posted a loss of Rs 2,188.74 crore in the corresponding period last year.

✳️*Maruti Suzuki Q4 profit falls 5% YoY to Rs 1,796 cr; announces dividend of Rs 80/sh*

✳️*Yes Bank Q4: Private sector lender reports loss of Rs 1,507 crore*

Provisions jumped to Rs 3,661.7 crore from Rs 399.64 crore in the year-ago period.

✳️*Hero Motocorp Q4 profit tanks 25% to Rs 730 crore on weak sales volume*

As per current orders,NSE is levied with 624.89 cr+12%p.a. interest & barred from performing transactions in security markets for 6 months!!
😳🙄

TCS Faces New Law Suit

Computer Sciences Corp (CSC) has filed a lawsuit against Tata Consultancy Services, alleging that the Indian IT bellwether is stealing its trade secrets to build an insurance platform, following a $2-billion deal that TCS won from US insurer TransAmerica.