*EARNINGS (net income adj. ests. in INR where available):*
* Adani Green Energy Ltd. (ADANIGR) 3Q
* Adani Total Gas Ltd. (ATGL) 3Q
* Alkyl Amines Chemicals (AACL) 3Q
* Apollo Tyres Ltd. (APTY) 3Q 2.3b (14 analysts)
* Bajaj Consumer Care Ltd. (BAJAJCON) 3Q 517m (5)
* Balrampur Chini Mills Ltd. (BRCM) 3Q
* Blue Star Ltd. (BLSTR) 3Q
* Dabur India Ltd. (DABUR) 3Q 5.06b (11)
* Dhanuka Agritech Ltd. (DAGRI) 3Q 461m (5)
* Future Consumer Ltd. (FCON) 3Q
* Gillette India Ltd. (GILL) 2Q
* Housing Development Finance Corp (HDFC) 3Q 31.0b (9)
* IIFL Wealth Management Ltd. (IIFLWAM) 3Q
* Indian Overseas Bank (IOB) 3Q
* JK Lakshmi Cement Ltd. (JKLC) 3Q 749m (9)
* Jubilant Foodworks Ltd. (JUBI) 3Q 1.63b (7)
* Mahindra & Mahindra Financial (MMFS) 3Q 4.87b (9)
* MAS Financial Services Ltd. (MASFIN) 3Q
* Sheela Foam Ltd. (SFL) 3Q
* Somany Ceramics Ltd. (SOMC) 3Q 367m (6)
* Tata Consumer Products Ltd. (TATACONS) 3Q 2.85b (10)
* Timken India Ltd. (TMKN) 3Q
* V-Guard Industries Ltd. (VGRD) 3Q 660m (7)
* Zee Entertainment Enterprises (Z) 3Q 3.56b (8)
* Zydus Wellnes Ltd. (ZYWL) 3Q

*Stocks in News*

Tech Mahindra: The company reported a higher consolidated profit at Rs 1,378.2 crore in Q3FY22 against Rs 1,340.9 crore in Q2FY22, revenue rose to Rs 11,450.8 crore from Rs 10,881.3 crore QoQ.

Laxmi Organic Industries: The company reported a higher consolidated profit at Rs 82.09 crore in Q3FY22 against Rs 45.21 crore in Q3FY21, revenue jumped to Rs 859.87 crore from Rs 435.5 crore YoY.

Amber Enterprises India: The company has entered into definitive agreements with Pravartaka Tooling Services and acquired a 60% stake in Pravartaka, which is in the business of injection mould tool manufacturing and injection moulding components manufacturing for various industries.

Windlas Biotech: The company concluded SAHPRA (South African Health Products Regulatory Authority) inspection audit report for the Plant-IV situated at Dehradun with zero critical observations/ deficiencies, zero major deficiencies and some minor deficiencies.

Anupam Rasayan: The company will acquire a 24.96% stake in Tanfac Industries from Birla Group Holdings and Others.

VIP Industries: The company reported consolidated profit at Rs 33.47 crore in Q3FY22 against loss of Rs 7 crore in Q3FY21, revenue rose to Rs 397.34 crore from Rs 232.53 crore YoY.

MMTC: The government approved Tata Steel Long Products as a strategic buyer for privatisation of Neelachal Ispat Nigam, a joint venture of four CPSEs (MMTC, NMDC, BHEL, MECON) and two Odisha government PSUs (OMC and IPICOL).

Positional trading

TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish

Positional trade

Cadila healthcare

Entry - 414 ( 50% of capital )

Stoploss - 360

Target 1 - 480 ( balance 50% capital if it's reversed in day candle )

Target 2 - 654

Swing trading

TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish


NMDC LTD

Entry - 147

Stoploss - 140

Target 1 - 156

Target 2 - 165

CRYPTO ASSETS NOT ILLEGAL IN INDIA: FINANCE SECRETARY SOMANATHAN: BLOOMBERG TV INTERVIEW

INDIA APPROACH ON CRYPTO WILL BE DRIVEN BY GLOBAL REGULATIONS: BLOOMBERG

#OnCNBCTV18 | Increase in raw material price has impacted margin. Budget 2022 was positive for real estate sector, says Nikita Bansal of @CenturyPlyIndia

What Happened Overnight

- Improved risk sentiment held up though volumes continue to dwindle

- S&P-500 +0.94%, Nasdaq +0.50%

- Fed pricing pulled back more; 10% probability of 50 bps March March hike vs 16% on Tuesday

- 5y/10y yields -1 bps each

- Brent +0.2% to $89.31/bbl

Stocks To Watch

PNB: The bank has received a communication from HSBC Insurance Holdings regarding its intention to buy PNB’s stake in Canara HSBC OBC Life Insurance.

Gokul Agro: The company is setting up a Refinery Unit at at Krishnapatnam, Andhra Pradesh with proposed capacity of 1400 TPD. The proposed investment for the unit is Rs 200 crore.

Max Ventures: The company completed transfer of 1, 71,89,601 shares constituting 41% of the share capital of its subsidiary Max Specialty Films to Toppan Inc.

Bharat Dynamics: The company has signed a contract with Indian Army for manufacture and supply of Konkurs - M AntiTank Guided Missiles to the Indian Army worth Rs 3,131.82 crore.

Indian Bank: The bank has revised its Marginal Cost of Funds Based Lending Rates by 0.05% (05 bps) for three monthstenors, effective from Feb. 3.

EClerx: The company approved appointment of Srinivasan Nadadhur as Chief Financial Officer with effect from May 12, 2022 in place of current CFO Rohitash Gupta, who has opted to step down from the CFO designation from the Company and take a leave of sabbatical.

CAMS: The company has launched Insta Purchase to enhance the service experience of investors in liquid and Overnight Scheme Categories

NIFTY 50 17560.20 -219.80
NIFTY BANK 39010.00 -320.50
NIFTY IT 35056.80 -731.95
NIFTY PHARMA 13617.60 -26.05
NIFTY FINSRV25 50 17870.55 -249.75
NIFTY FMCG 37467.20 -114.30
NIFTY MNC 19135.35 -67.50
NIFTY AUTO 11683.40 +51.00
NIFTY METAL 5761.60 -18.10
NIFTY MEDIA 2273.55 -13.40

Skill only not improve you experience only improve you

Good morning dears

ITC