Stock Market Today: All You Need To Know Going Into Trade On May 5

Bonds rose and the dollar held a drop on Thursday after the Federal Reserve raised interest rates as expected to tackle inflation while countering fears of super-sized hikes.

Shares in Australia gained and futures pointed to a positive open in Hong Kong. U.S. futures were volatile following a 3% jump in the S&P 500 index, the biggest since 2020.

The Singapore-traded SGX Nifty, an early barometer of India's benchmark Nifty 50, rose over 1% to 16,852 points as of 6:45 am.

Fed Chair Jerome Powell said a 75 basis points hike is “not something that the committee is actively considering,” spurring a market rally. The Fed raised rates a half point and signaled similar moves for the next couple of meetings.

Climbs in oil and wheat underlined the risks. Crude hit $108 a barrel on a European Union plan to ban Russian barrels over the next six months. Wheat rose on the possibility of export curbs by major grower India. Bitcoin hovered around $39,600.

Adani Total Gas Q4 FY22 (Consolidated, YoY)

• Revenue up 14.35% at Rs 1,065.48 crore Vs Rs 931.81 crore

• EBITDA fell 35.45% at Rs 131.14 crore Vs Rs 203.32 crore

• EBITDA margin 12.31% Vs 21.82%

• Net profit fell 36.45% at Rs 81.09 crore Vs Rs 127.61 crore

• Recommended dividend of Rs 0.25 per share on face value of Rs 1 each

Tata Consumer Products Q4 FY22 (Consolidated, YoY)

• Revenue fell 1% at Rs 3,175.41 crore Vs Rs 3,208.28 crore

• EBITDA fell 3.73% at Rs 444.33 crore Vs Rs 461.56 crore

• EBITDA margin 14% Vs 14.4%

• Net profit fell 18% at Rs 444.33 crore Vs Rs 461.56 crore

• Recommended final dividend of Rs 6.05 per share

IIFL Wealth Management Q4 FY22 (Consolidated, YoY)

• Revenue up 6.5% at Rs 447.3 crore Vs Rs 420 crore

• EBIT fell 16.21% at Rs 178.59 crore Vs Rs 213.13 crore

• EBIT margin 39.93% Vs 50.75%

• Net profit up 60% at Rs 165.36 crore Vs Rs 103.3 crore

• Approved transfer of Alternates Asset Management Business consisting of alternative investment fund, venture capital fund and portfolio management schemes from IIFL Asset Management, a wholly owned subsidiary to IIFL Wealth Portfolio Managers, also a wholly owned subsidiary of the company.

ABB India Q4 FY22 (Standalone, QoQ)

• Revenue fell 6.3% at Rs 1,968.37 crore Vs Rs 2,101.5 crore

• EBIT fell 0.16% at Rs 162.21 crore Vs Rs 162.47 crore

• EBIT margin 8.24% Vs 7.73%

• Net profit up 98.23% at Rs 373.07 crore Vs Rs 188.2 crore

Havells India Q4 FY22 (Consolidated, YoY)

• Revenue up 32.5% at Rs 4,426.26 crore Vs Rs 3,339.21 crore

• EBITDA up 2.3% at Rs 519.93 crore Vs Rs 508.18 crore

• EBITDA margin 11.75% Vs 15.22%

• Net profit up 16% at Rs 352.48 crore Vs Rs 303.83 crore

• Recommended final dividend of Rs 4.5 per share of face value of Rs 1 each.

EIH Q4 FY22 (Consolidated, QoQ)

• Revenue fell 16.5% at Rs 300.95 crore Vs Rs 360.12 crore

• EBIT fell 123% at negative Rs 12.82 crore Vs Rs 55 crore

• EBIT margin -4.26% Vs 15.27%

• Net profit fell 61% at Rs 14.83 crore Vs Rs 38.03 crore

Deepak Nitrite Q4FY2021-22(Consolidated, YoY)

• Revenue up 28% at Rs 1,872 crore vs 1,463 crore

• OPM at 21.9% vs 31%

• PAT down 8% at Rs 267 crore vs Rs 290 crore

Oracle Financial Services Software Q4 FY22 (Consolidated, QoQ)

• Revenue up 0.82% at Rs 1,276.7 crore Vs Rs 1,266.3 crore

• EBIT fell 5.15% at Rs 532.15 crore Vs Rs 561.05 crore

• EBIT margin 41.68% Vs 44.31%

• Net profit 10.67% at Rs 481.7 crore Vs Rs 435.3 crore

• Approved interim dividend of Rs 190 per share of face value of Rs 5 each

Laxmi Organic Industries Q4 FY22 (Consolidated, YoY)

• Revenue up 69.3% at Rs 879.8 crore Vs Rs 519.5 crore

• EBITDA up 14.34% at Rs 72.80 crore Vs Rs 63.67 crore

• EBITDA margin 8.27% Vs 12.26%

• Net profit up 57.85% at Rs 57.3 crore Vs Rs 36.3 crore

• Recommended final dividend of Rs 0.7 per share of face value of Rs 2 each

• Appointed Anushree Bagrodia as Chief Financial Officer

• Approved proposal to raise further funds by way of equity and/or debt.

• Wipro: The company expanded its partnership with California based VMware to help eliminate the complexity and risk inherent in customers’ multi-cloud initiatives.

• SBI: The bank will consider raising $2 billion in single/multiple tranches via public offer and/or private placement of senior unsecured notes in US Dollar or any other convertible currency during FY23 on May 10.

• Magellanic Cloud: The company will acquire IVIS International and Provigil Surveillance for Rs 290.27 crore and Rs 35.97 crore respectively.

• EIH: The company has appointed Arjun Singh Oberoi as Executive Chairman with effect from May 4 after P.R.S. Oberoi’s resignation.

• Matrimony.com: The company will consider buyback proposal on May 12.

• City Union Bank: The company appointed M. Narayanan as part time Chairman of the bank.

• Bank of India: The bank appointed B. Kumar as the Chief Risk Officer.

Earnings: Adani Transmission, Dabur, Marico, Indus Towers, Voltas, TVS Motor, Sona BLW Precision Forgings, PNB Gilts, Procter & Gamble Health, Punjab Alkalies & Chemicals, Intellect Design Arena, Happiest Minds Technologies, Firstsource Solutions, Exide industries, DCM Shriram, Cholamandalam Investment and Finance, CEAT, Computer Age Management Services, Blue Star, Blue Dart, Aptus Value Housing Finance

LIC IPO: Subscription to resume on day two. The offer subscribed 67% on day one.

• Max Financial Services: Promoter Max Ventures Investment Holdings created a pledge of 6.4 lakh shares on April 27.

• Solara Active Pharma Sciences: Promoter Group Agnus Holdings bought 2 lakh shares on May 4. Promoter Chayadeep Ventures LLP bought 17,415 shares on May 2.

• Indiabulls Real Estate: BOFA Securities Europe SA bought 37 lakh shares (0.68%) at Rs 84 apiece. Copthall Mauritius Investment sold 37 lakh (0.68%) shares at Rs 84 apiece.

• IFB Industries: HSBC Bank Mauritius Limited Ac Jwalamukhi Investment Holdings sold 25.70 lakh shares (6.34%) at Rs 900.02 apiece. Plutus Wealth Management LLP bought 25.03 shares (6.18%) at Rs 900.02 apiece.

• J Kumar Infraprojects: Abakkus Growth Fund-2 bought 20.05 lakh shares (2.65%) at Rs 225.1 apiece. Intellect Stock Broking sold 5.75 lakh shares (0.76%) at Rs 25.1 apiece. Allied Commodities Private sold 8.50 lakh shares (1.12%) at Rs 225.1 apiece. Balgopal Commercial sold 5.80 lakh shares (0.77%) at Rs 225.1 apiece.

Inter-Se Fund Transfer Of Stocks Between iShares Core MSCI Total International Stock ETF and iShares Core Total International Stock Mauritius Co.

These are the stocks:

Aarti Industries, Aavas Financiers, Aditya Birla Fashion and Retail, ACC, Adani Enterprises, Adani Green Energy, Adani Ports and Special Economic Zone, Adani Power, Adani Transmission, AIA Engineering, Ambuja Cements, Apollo Hospitals Enterprise, Apollo Tyres, Ashok Leyland, Asian Paints, Astral, Adani Total Gas, AU Small Finance Bank, Aurobindo Pharma, Axis Bank, Bajaj Auto, Bajaj Finserv, Bajaj Finance, Balkrishna Industries, Balrampur Chini Mills, Bandhan Bank, Bata India, Bharat Electronics, Berger Paints India, Bharat Forge, Bharti Airtel, Biocon, Bharat Petroleum Corp, Britannia Industries, Century Textile and Industries, Cholamandalam Investment and Finance Co, Cipla, Coal India, Coforge, Colgate-Palmolive (India), Container Corporation of India, Crompton, Dabur, Dalmia Bharat, Deepak Nitrite, Divi's Laboratories, Dixon Technologies (India), DLF, Avenue Supermarts, Dr Reddy's Laboratories, Eicher Motors, Exide Industries, Federal Bank, Finolex Cables, Fortis Healthcare, GAIL (India), Gillette India, Glenmark Pharmaceuticals, GMR Infrastructure, Godrej Consumer Products, Godrej Properties, Grasim Industries, Havells India, HCL Technologies, Housing Development Finance Corp, HDFC Asset Management Company, HDFC Life Insurance Company, Hero Motocorp, Hindalco Industries, Hindustan Petroleum Corporation, Hindustan Unilever, ICICI Bank, ICICI Lombard General Insurance Company, ICICI Prudential Life Insurance Company, Vodafone Idea, IDFC First Bank, Indian Energy Exchange, Indraprastha Gas, Indian Hotels Company, IndiaMART InterMESH, Interglobe Aviation, Indus Towers, Infosys, Indian Oil Corporation, IPCA Laboratories, Indian Railway Catering and Tourism Corporation, ITC, Jindal Steel, JSW Steel, Jubilant Foodworks, Kajaria Ceramics, Kotak Mahindra Bank, Dr. Lal PathLabs, Laurus Labs, LIC Housing Finance, Larsen & Toubro, Larsen & Toubro Infotech, L&T Technology Services, Lupin, Mahindra & Mahindra, Mahindra & Mahindra Financial Services, Marico, Maruti Suzuki India, Max Financial Services, MindTree, Motherson Sumi Systems, Mphasis, MRF, Muthoot Finance, Natco Pharma, National Aluminium Company, Info Edge (India), Nestle (India), NTPC, ONGC, Page Industries, Piramal Enterprises, Persistent Systems, Petronet LNG, Pidilite Industries, Power Grid Corporation of India, PVR, Radico Khaitan, REC, Reliance Industries, SBI Cards and Payment Services, SBI Life Insurance Company, State Bank of India, Shree Cements, Siemens, SRF, Shriram Transport Finance Company, Sun Pharmaceutical Industries, Supreme Industries, Tanla Platforms, Tata Chemicals, Tata Consumer Products, Tata Elxsi, Tata Motors, Tata Power, Tata Steel, Tata Consultancy Services, Tech Mahindra, Tube Investments of India, Titan, Torrent Pharmaceuticals, Torrent Power, Trent, TVS Motor Company, UltraTech Cement, United Spirits, UPL, Varun Beverages, Vedanta, Voltas, Wipro, Yes Bank, Zee Entertainment Enterprises, Zomato

• Morepen Laboratories: To meet investors and analysts on May 6.

• Tata Power: To meet investors and analysts on May 6.

• Navin Fluorine International: To meet investors and analysts on May 9.

• Home First Finance: To meet investors and analysts on May 5.

• UTI Mutual Fund: To meet Motilal Oswal Mutual Fund on May 5.

• DCB Bank: To meet investors and analysts on May 7.

• Federal Bank: To meet investors and analysts on May 6.

• Canara Bank: To meet investors and analysts on May 6.

• Gland Pharma: To meet investors and analysts on May 19.

• Matrimony.com: To meet investors and analysts on May 12.

• Bajaj Consumer Care: To meet investors and analysts on May 9.

• SIS: To meet investors and analysts on May 5.

• Price Band Revised From 10% To 5%: Chennai Petroleum Corporation

• Price Band Revised From 20% To 10%: Apcotex Industries, Solara Active Pharma Sciences

• Move Into Short-Term ASM Framework: Solara Active Pharma Sciences, Gokaldas Exports

• Record Date Interim Dividend: Gateway Distriparks

• Ex-Date Interim Dividend: Sarda Energy & Minerals, Colgate Palmolive (India)

• Ex-Date Buy Back: Sarda Energy & Minerals

The rupee ended Rs 76.42 at against the U.S. Dollar on Wednesday as compared to Monday's closing of 76.65.

• Nifty May futures ended at 16,717, a premium of 39.4 points.

• Nifty May futures added 16.42% and 30,341 shares in Open Interest.

• Nifty Bank May futures ended at 35,345.25, a premium of 80.7 points.

• Nifty Bank May futures added 13.42% and 13,861 shares in Open Interest.

• Auto Sector Check - Steady Performance Improvement But At A Low Pace: Reliance Securities

• LIC IPO - Investment Rationale, Valuations, Risks, Concerns, Financials: Motilal Oswal

• Oil & Gas - Consumption Growth Continues, Margins Remain A Concern: ICICI Securities

• Mahindra & Mahindra - Turning The Corner: IDBI Capital

• Colgate-Palmolive - Surprise Potential, Low Expectations Make The Odds In Favour: ICICI Securities