BASIC2BEMISAL | NIFTY I BANKNIFTY | BTST 📶☺️👍

*Dr.Reddy’s Q3FY22 result update – In-line with Estimates* Sales grew by 8% YoY and de-grew by 7.8% to Rs.53,383 mn in Rs. Q3FY22 as against Rs.49,419 mn in Q3FY21 and Rs.57,869 mn in Q2FY22. The fall in sales growth was primarily due to intense price erosion to the extent of double digits in the North America region. EBITDA rose by 125% YoY but fell by 11% QoQ to Rs. 12,157 mn in Q3FY22 as against Rs. 5393 mn in Q3FY21 and Rs. 13598 mn in Q2FY22. The drag in EBITDA sequentially was due to lower product mix coupled with increase in fixed costs resulting in decline in EBITDA Margin to 22.8% in Q3FY22 as against 23.5% in 3QFY21. Reported PAT fell by 29% QoQ to Rs. 7,093 mn in Q3FY22 as against Rs. 9,958mn in Q2FY22 due to higher tax rate of 27% in Q3FY22 as against 21.7% in Q2FY22. Adjusted PAT rose by 13.5% YoY and 29% QoQ to Rs. 7093 mn inQ3FY22 as against Rs. 6251 mn in Q3FY21. R&D Spend stood at Rs.4200 Mn and stood at 7.8% of the sales in Q3FY22 as against 7.7% of the sales in Q2FY22 and 8.3% of the sales in Q3FY21. Regards, Foram Parekh Choice Institutional Equities

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FII selling: FIIs selling Indian stocks like never before in last 5 years - The Economic Times - https://m.economictimes.com/markets/stocks/news/fiis-selling-indian-stocks-like-never-before-in-last-5-years/articleshow/89171790.cms?utm_source=whatsapp_pwa&utm_medium=social&utm_campaign=socialsharebuttons

Vedanta Q3 Results | Profit grows 26.75% to Rs 5,354 crore, revenue up nearly 50% https://www.moneycontrol.com/news/business/earnings/vedanta-q3-results-profit-grows-26-75-to-rs-5354-crore-revenue-up-nearly-50-7995201.html

Book Profit in Nifty made 17221, 2nd 🎯✈️✈️from our given short level 17352. BANKNIFTY made low 38060 , Nr.2nd 🎯✈️✈️from our given short level 38300.

*Indian Equities Pre Open Update* Indian equities expected to open with tepid note on back of the mixed global cues, however green US futures may provide support from lower levels. *Global Peers Update:* Asia Pacific stocks were mostly up as clawing back some of the losses from the previous two days. These losses were driven by the U.S. Federal Reserve signaled a tighter monetary policy. *Sectors to Watch:* Energy, Selective Metals, Financials, Construction and Selective Auto stocks expected to remain on focus during the day. *SGX NIFTY Price* 17151.0 Change: -16.0 Points, Percent Change: -0.09% *Technical Levels: Nifty Near Future* *Support*: 16950.0/16884.0 *Resistance*: 17261.0/17324.0 *Technical Levels: Bank Nifty Near Future* *Support*: 37784.0/37378.0 *Resistance*: 38498.0/38829.0

FII and DII data Foreign institutional investors (FIIs) net sold shares worth Rs 6,266.75 crore, while domestic institutional investors (DIIs) net bought shares worth Rs 2,881.32 crore in the Indian equity market on January 27, as per provisional data available on the NSE.

Results today Larsen & Toubro, Dr Reddy's Labs, Kotak Mahindra Bank, Britannia Industries, Vedanta, 3i Infotech, Aptus Value Housing Finance, Arvind SmartSpaces, Asahi India Glass, Atul, AU Small Finance Bank, Bajaj Healthcare, Bharat Electronics, Blue Dart Express, CARE Ratings, Central Bank of India, Chambal Fertilisers, Chemplast Sanmar, Crompton Greaves Consumer Electricals, Deepak Fertilisers, Dixon Technologies, Equitas Small Finance Bank, Happiest Minds Technologies, Karnataka Bank, Marico, Max Financial Services, Info Edge, Oberoi Realty, Suzlon Energy, Tata Coffee, United Breweries, UTI Asset Management Company, and Zenotech Laboratories.

Pre- opening as per expected Huge GAP Down Nifty -215 points

Dear All, Don't do any Panic Selling. Note:- It's my personal view