*ADANI ENTERPRISE:* CO WINS COAL TENDER (SUPPORTIVE FOR STOCK PRICES)

RBI SAYS SBI, ICICI BANK AND HDFC BANK CONTINUE TO BE IDENTIFIED AS DOMESTIC SYSTEMICALLY IMPORTANT BANKS

RBI ANNOUNCES INCLUSION OF AIRTEL PAYMENTS BANK IN SECOND SCHEDULE OF THE RESERVE BANK OF INDIA ACT, 1934

*ASTRAZENECA:* CO RECEIVED A PAYMENT OF $270M FROM COVIS PHARMA (SUPPORTIVE FOR STOCK PRICES)

*Sector Update*

PSU Banks stocks seen Buying move and trading at day’s high.

*Top Picks*

INDIAN BK CMP 144.0 Support 142.0 TGT 148.0
BOB CMP 84.0 Support 83.0 TGT 87.0
IDBI 48.0 Support 47.0 TGT 50.5
SBIN CMP 488.0 Support 480.0 TGT 498.0

*JINDAL STAINLESS* WINS ORDER TO SUPPLY 2000 TONS FOR KANPUR METRO PROJECT (SUPPORTIVE FOR STOCK PRICES)

SCRIPT: AXISBANK
- Holding period: Hold till (27JAN22) Monthly Expiry;
Step 1 Buy 740 Strike price (CE) around 14.4;
Step 2 Sell 760 Strike price (CE) around 8;
- Max profit: 16,320 P/Strategy
- Max loss: (-7680) P/Strategy .
- Risk to reward Ratio: 1 : 2.2 approx

Stocks in News*


*Thermax:* Concludes an order of Rs 545.6 crore to set up FGD systems in UP (Positive)

*Mahanagar Gas:* Life Insurance Corporation of India acquired a 2 percent stake in the company via open market transactions (Positive)

*NHPC:* Promoters Agreement has been signed between NHPC and GEDCOL for the formation of a joint venture company for the development of 500 MW floating solar power projects (Positive)

*Gautam Gems:* The company on January 13 will consider the Right Issue of equity shares (Positive)

*Palm Jewels:* The company on January 13 will consider the Right Issue of equity shares (Positive)

*Coal India:* India's coal production was 6.7% higher at 74.8 million tn in December (Positive)

*Bharti Airtel:* Subsidiary Airtel Africa Plc has received $159 million out of $176.1 m from the sale of its tower assets in Tanzania (Positive)

*Liquor companies:* Liquor companies are appealing to state governments to allow them to raise prices amid surging costs of inputs (Positive)

*Future Retail:* Wins Halt on Amazon Arbitration Process on Appeal. (Positive)

Munjal seeks arbitration proceedings (Neutral)

*HDFC Bank:* The private sector lender has sold Rs 2,188 crore of distressed retail loans to asset reconstruction companies (Neutral)

*Union Bank:* Starts lending in alternate reference rate (Neutral)

*Ganesha Ecosphere:* MCAP India Fund sold 2.5 lakh equity shares in the company at Rs 535.73 per share on the NSE. (Negative)

*Vishwaraj Sugar:* S K Growth Fund sold 10 lakh shares in the company at Rs 25.35 per share on the NSE. (Negative)

*Orient Green:* Axis Bank offloaded 38 lakh shares in the company at Rs 22.4 per share on the NSE. (Negative)

*Fortis:* Emqore seeking more than $6.5b in damages from defendants; IHH says Emqore claim linked to Indian unit Fortis (Negative)

*Future Retail:* Misses $403 Million Debt Payment, ET Says (Negative)

NIFTY BUYING ZONE SUPPORT 17450 AND SELLING ZONE 17980. AND BANKNIFTY BUYING ZONE 36990 AND SELLING ZONE 37900

Stocks in News*


*TCS:* Company to consider Buyback of shares on January 12th, 2022. (Positive)

*SIS:* Company has completed the acquisition of remaining 49% shareholding of Platform 4 Group Limited (Positive)

*KEC International:* Company wins New Orders of Rs. 1,025 crores (Positive)

*Biocon:* US FDA issues a CRL for the Biologics License Application (BLA) for Insulin Aspart filed by our partner Viatris (Positive)

*Century Plyboards:* To invest Rs 28 cr in arm Century Panels (Positive)

*Reliance Industries:* RIL’s JIO IPO expected to hit markets this year according to ET (Positive)

*Oberoi Realty:* Provisional booking value at Rs 1,965 cr vs Rs 971 cr YoY (Positive)

*Sobha Ltd:* Reports Q3 sales volume at 1.32 mn sq ft valued at Rs 1,048 cr (Positive)

*Filatex India:* Penguin Trading & Agencies bought 25,85,700 equity shares in the company at Rs 117 per share on the NSE (Positive)

*Tata Steel:* The company increased stake in Medica TS Hospital from 26 percent to 51 percent (Positive)

*Dilip Buildcon:* Subsidiary Sannur Bikarnakette Highways Private Limited has received the financial closure letter from the NHAI (Positive)

*Avenue Supermarts:* The company reported 24.6 percent higher standalone profit at Rs 586 crore, and 22 percent higher revenue at Rs 9,065 crore in Q3FY22, YoY. (Positive)

*Equitas Holdings:* To divest unit Equitas Technologies, names SBI Capital for advisory (Positive)

*Reliance Industries:* RIL announced the acquisition of New York's premium luxury hotel Mandarin Oriental for $98.15 million (Positive)

*Mahanagar Gas:* The company has hiked CNG price by Rs 2.50 to Rs 66 per kg and PNG by Rs 1.50 to Rs 39.50 per SCM. (Positive)

*CSB Bank:* C VR Rajendran decided to take early retirement from the post of MD & CEO (Neutral)

*ICICI Bank:* Says gets RBI approval for reappointing Bagchi as exec director (Neutral)

*Federal Bank:* To consider raising up to INR7b via bonds '(Neutral)

*Tata Steel:* 3Q India Steel Output Rises 1.5% Q/Q, Europe Flat (Neutral)

*Motherson Sumi:* Sets Jan. 17 as record date for demerger of its domestic wiring unit (Neutral)

*Zee Learn:* Morgan Stanley Asia (Singapore) Pte - ODI sold 19,90,685 equity shares in the company at Rs 19.18 per share (Negative)

*Vishwaraj Sugar:* S K Growth Fund sold 10 lakh shares in the company at Rs 25.35 per share on the NSE. (Negative)

*Cyient:* Aditya Birla Sun Life AMC sold 21.16 lakh equity shares in the company via open market transactions on January 6. (Negative)

*Kotak Mahindra Bank* and Bharatpe co-founder Ashneer Grover find themselves in the middle of a clash with both sides threatening action. (Negative)

*InterGlobe Aviation:* The airline said it will cancel around 20 percent of its flights because of the surge in COVID-19 cases (Negative)

Nifty 17800 CALL OPTION 13th January at 170, can hold position for TGT 240.0 with SL 120.0 (09.40)

Nifty Bank 37800.0 CALL OPTION 13th January at 510, can hold position for TGT 780.0 with SL 340.0 (09.40)

*GTPL HATHWAY:* CO PARTNERS WITH APRECOMM TO BRING INNOVATION TO CUSTOMER EXPERIENCE WITH NETWORK INTELLIGENCE (SUPPORTIVE FOR STOCK PRICES)

Nifty 17800 CALL OPTION 13th January book partial at 210, can hold position for TGT 240.0 (10.01)
Nifty Bank 37800.0 CALL OPTION 13th January book partial at 601 , can hold position for TGT 780.0 (10.01)

KELLTONTECH
LOOKING Good Above 83
SL 72
Target 85-88-90-93-95-100

#BusinessNews - L&T receives a third order for the Mumbai-Ahmedabad bullet train project.

Read: https://ipoinfo.co.in/larsen-toubro-lt-has-received-a-third-order-from-the-national-high-speed-rail-corporation-ltd/

*Sector Update*

Textile stocks seen Buying move and trading at day’s high.

*Top Picks*

ARVIND CMP 135.0 Support 132.0 TGT 142.0
BOMBAY DYIENG CMP 115.8 Support 112.0 TGT 121.0
GRASIM CMP 1810.0 Support 1790.0 TGT 1840.0
CENTURY CMP 960.0 Support 941.0 TGT 988.0

Stock Update: *TRIVENI* At 52 week high as price pierced 253.0 levels, Support 248.0 TGT 260.0

*Tradable Stocks in News*


*AuroPharma* initiated talks with PE players to sell a stake of around 30-35% in its injectable biz for ₹4,500-5,250 cr-- ET reports (Positive 730.0 Support 720.0 TGT 766.0)

*HDFC Life:* Rev up 56% MoM to Rs 2,974 cr (Positive 660.0 Support 655.0 TGT 672.0)

CLSA on *ABFRL:* Maintains Buy on company, raise target price at Rs 355/Sh (Positive 290.0 Support 287.0 TGT 302.0)

Jefferies on *Hindalco:* Maintains Buy on company, target price at Rs 660/Sh (Positive 490.0 Support 486.0 TGT 499.0)

*Indo Count Industries:* ICRA has upgraded its credit rating for the company's long term bank facilities (Positive 260.0 Support 257.0 TGT 268.0)

*PB Fintech:* Company posts 67% YoY growth in insurance premium in Q3. (Positive 897.0 Support 888.0 TGT 918.0)

*Axis Bank:* Axis Bank said it has executed transaction for Arcelor Mittal Nippon Steel India and Lalit Pipes & Pipes on Secured Logistics Document Exchange (Positive 738.0 Support 730.0 TGT 751.0)

*Unichem Lab:* Porinju Veliyath-owned Equity Intelligence India acquired 54,850 equity shares (Positive 273.0 Support 270.0 TGT 281.0)

*Spandana Sphoorty:* The company's board has approved raising up to Rs 300 crore (Positive 393.0 Support 390.0 TGT 405.0)

*One 97 Communications:* During Q3 FY 2022, the value of loans disbursed through the platform was Rs 2,180 crore, an increase of 365 percent YoY (Positive 1154.0 Support 1138.0 TGT 1188.0)

#stockmarketnews - Top ten things you should know before the market opens today

Read:https://ipoinfo.co.in/top-ten-things-you-should-know-before-the-market-opens-today/

*VODAFONE IDEA* SHARES DOWN 14.72% IN OPENING TRADE POST NEWS RELATED TO EQUITY CONVERSION

🚀🚀🚀🚀🚀 made high 88.60