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Stock Market Today: All You Need To Know Going Into Trade On April 19

Stocks in the news, big brokerage calls of the day, complete trade setup and much more!

<div class="paragraphs"><p>Chocolate glazed donuts are displayed for sale. [Photographer: Scott Eisen/Bloomberg]</p></div>
Chocolate glazed donuts are displayed for sale. [Photographer: Scott Eisen/Bloomberg]

Stocks in Asia and U.S. futures rose Tuesday amid a series of measures announced by China's central bank to spur growth and the prospect for faster tightening by the U.S. Federal Reserve.

Equities rose in Japan, Australia and South Korea. U.S. futures gained after stocks ended little changed on Monday. The Singapore-traded SGX Nifty, an early barometer of India's benchmark Nifty 50, rose 0.12% to 17,246.50 points as of 6:45 a.m.

The dollar held an advance. The yen is in the midst of a multi-decade losing streak. Oil traded around $108 a barrel while Bitcoin jumped to $41,000.

Stock Market Today: All You Need To Know Going Into Trade On April 19

Earnings Post Market Hour

Mindtree Q4 FY22 (Consolidated, QoQ)

  • Revenue up 5.4% at Rs 2,897.4 crore Vs Rs 2,750 crore

  • Net profit up 8% at Rs 473.1 crore Vs Rs 437.5 crore

  • EBIT up 3.8% at Rs 548.7 crore Vs Rs 529 crore

  • EBIT Margin 18.94% Vs 19.23%

  • Declared a final dividend of Rs 27 per share of face value of Rs.10.

Stocks To Watch

  • Wipro: Appointed Satya Easwaran as country head for India.

  • Sanofi: The company appointed Rodolfo Hrosz as the Managing Director for three years with effect from June 1.

  • Mindtree/L&T Infotech: Reports about their merger are speculative, the companies said in an exchange filing.

  • Mishtann Foods: Approves issue of bonus shares in 1:1 ratio.

  • SJVN: The company has achieved financial closure by signing of loan agreement amounting to Rs 494 crore with Himachal Pradesh State Co-Operative Bank for development of 66 MW Dhaulasidh REP in Himachal Pradesh. The total project cost is Rs 688 crore.

  • Rail Vikas Nigam/Coal India: Rail Vikas Nigam signed memorandum of understanding with Mahanadi Coalfields, a subsidiary of Coal India, to consult on rail infrastructure works of the miner.

  • Ujjivan Financial Services: The bank appointed Radhakrishnan Ravi as the chief executive officer and chief financial officer, effective from April 19.

  • Indraprastha Gas Ltd: The company has received a letter from the Petroleum and Natural Gas Regulatory Board for development of a city gas distribution network in Banda, Chitrakoot and Mahoba districts of Uttar Pradesh.

  • Kirloskar Electric: Says its Tumkur, Karnataka unit extended layoff period of 14 staff out of 77 till June 10.

  • TVS Motor: Jwalamukhi Investment has sold 3.3 million shares of the Chennai-based automaker.

Earnings: L&T Infotech, ACC, Mastek, Tata Steel Long Products

Pledged Shares Details

  • Max Financial Services: Promoter Max Ventures Investment Holdings revoked 1.5 lakh shares on April 12.

Bulk Deals

  • TVS Motors: Jwalamukhi Investment Holdings sold 32.62 lakh (0.68%) shares at Rs 650 apiece.

Opinion
Sensex, Nifty Fall: Earnings To Trigger Sharp Stock Reaction This Season, Say Analysts

Who’s Meeting Whom

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

  • UTI Mutual Fund: To meet investors and analysts on April 27.

  • IEX: To meet investors and analysts on April 28.

Trading Tweaks

  • Price Band Revised From 10% To 5%: Hexa Tradex

  • Ex-Date Face Value Split: Jubilant Foodworks

  • Ex-Date Interim Dividend: IDFC Ltd

  • Move Into Short-Term ASM Framework: Kohinoor Foods, Welspun Corp.

  • Move Out Of Short-Term ASM Framework: Spandana Sphoorty, Sadbhav Engineering

Opinion
Coming Soon! An Uber For Farm Drones.

Money Market Update

The rupee ended Rs 76.26 at against the U.S. Dollar on Monday as compared to Wednesday's closing of 76.18.

F&O Cues

  • Nifty April futures ended at 17,243.95, a premium of 70.3 points.

  • Nifty April futures added 3.07% and 5,899 shares in Open Interest.

  • Nifty Bank April futures ended at 36,921.05, a premium of 192.05 points.

  • Nifty Bank April futures shed 1.95% and 1,778 shares in Open Interest.

  • Securities removed the ban list: RBL Bank

  • Securities added to the ban list: Tata Power

Stock Market Today: All You Need To Know Going Into Trade On April 19

Research Reports

Opinion
ED Attaches Amway India's Assets Worth Over Rs 757 Crore In Money-Laundering Probe