Today's Market at 08:20am
US Market (Futures)
Nasdaq = -624.70
Dow Jones = -866.40
S&P 500 = -140.90
European (Futures)
Ftse 100 = -115.70
Cac 40 = -99.60
Dax = -743.00
Asian
Nikkei 225 = -2087.58
ASX 200 = -293.10
Straits Times = -265.22
Hang Seng = -2069.81
KOSPI = -107.65
Taiwan weighted = -2061.59
Shanghai (SSE) = -198.66
Gift Nifty = 22080.00 (-879.00)
FII and DII Trading Activity for April 4, 2025 in Cash market:
FIIs: Net Sell of ₹3,483.98 crore
DIIs: Net Sell of ₹1,720.32 crore
Quarterly Earnings (Provisional Updates)
IndusInd Bank Q4 (YoY) :
- Net advances rose 1.4% to Rs 3.47 lakh crore (from Rs 3.43 lakh crore).
- Deposits increased 6.8% to Rs 4.11 lakh crore (from Rs 3.84 lakh crore).
- CASA ratio declined to 32.8% (from 37.9%).
FSN E-Commerce Ventures (Nykaa):
- Q4 Consolidated net revenue growth expected in low to mid-20s % YoY.
- Beauty vertical GMV growth expected in low 30s %, ahead of industry.
- Fashion vertical GMV growth expected in high teens, with sequential improvement in the core platform.
Bajaj Housing Finance Q4 (YoY):
- Gross disbursement rose 25.1% to Rs 14,250 crore (from Rs 11,393 crore).
- AUM increased by 26% to Rs 1.14 lakh crore (from Rs 91,370 crore).
- Q4 AUM grew by ~Rs 6,365 crore.
- Loan assets at Rs 99,500 crore (up from Rs 79,301 crore).
Indian Bank Q4 (YoY) :
- Total business up 8.4% to Rs 13.25 lakh crore (from Rs 12.22 lakh crore).
- Total deposits grew 7.1% to Rs 7.37 lakh crore (from Rs 6.88 lakh crore).
- Gross advances rose 10.1% to Rs 5.88 lakh crore (from Rs 5.34 lakh crore).
Key Corporate Updates & News:
AstraZeneca Pharma India :
- Received CDSCO approval to import and sell Osimertinib (TAGRISSO) tablets for an additional indication related to NSCLC with abnormal EGFR genes.
Godrej Properties :
- Entered agreement to develop a prime Versova, Mumbai land parcel (4.4 lakh sq. ft. saleable area).
- Estimated revenue potential: Rs 1,350 crore.
Tata Motors :
- Jaguar Land Rover to pause US shipments in April due to Trump’s tariffs.
Mazagon Dock Shipbuilders :
- Govt to exercise oversubscription option of 47.69 lakh shares (1.18% stake) in OFS on April 7.
- In addition to base issue size of 1.14 crore shares (2.83% stake).
- Retail investors may bid on April 7.
ITC :
- Acquired 2.62 lakh equity shares of Ample Foods for Rs 131 crore.
- Shareholding in Ample Foods now at 43.75%.
Puravankara :
- Subsidiary Starworth Infra received LOI from Ranka Properties for Rs 118.63 crore project (Ranka Ankura).
Tata Steel :
- Received reassessment order to increase FY19 taxable income by Rs 25,185.51 crore (debt waiver in favor of Tata Steel BSL).
- Moved Bombay HC; asserts waived debt shouldn't be taxable.
Yes Bank :
- Senior executives Dhavan Shah (SME Banking Head) and Akshay Sapru (Private Banking & Liabilities Head) resigned.
- Possible portfolio reshuffle expected.
Federal Bank :
- Executive Director Shalini Warrier resigned.
- Board to relieve her between May 15 and May 31.
Bajel Projects :
- Appointed Nitesh Bhandari as CFO and Joint President effective May 1.
TVS Motor Company :
- Expanding EV presence in Southeast Asia via integration of ION Mobility’s assets, IP, and talent.
Biocon :
- Board approved issuance of commercial papers up to Rs 600 crore via private placement in multiple tranches.
Force Motors:
- March 2025 total sales up 0.87% to 3,700 units (from 3,668 units in March 2024).
- Domestic sales rose 11.02% YoY to 3,606 units
- Exports dropped 77.62% to 94 units.
Larsen & Toubro :
- L&T Energy Green Tech incorporated new subsidiary LTGEK for green hydrogen and derivative development.
Motilal Oswal Financial Services :
- DIFC approved incorporation of Motilal Oswal International Wealth Management (MOIWML).
- Will offer investment deal arrangements, financial advisory, and custody services.
Bulk Deals:
Balaxi Pharma:
EBISU Global Opportunities Fund sold 2.98 lakh shares at Rs 67.5/share.
Praxis Home Retail:
India Opportunities Growth Fund (Pinewood Strategy) bought 12 lakh shares at Rs 10.1/share from Sapiens Alpha Growth Fund.
Trades Ex-Date for Split
Pervasive Commodities
Stock Trades Ex-Date for Spin-Off
Siemens
Stocks F&O ban
Birlasoft Hindustan Copper
Source: Moneycontrol, Investing.com, NSE India
