BASIC2BEMISAL | NIFTY I BANKNIFTY | BTST 📶☺️👍

Stocks under F&O ban on NSE Hindustan Copper Balrampur Chini Mills, Canara Bank, GMR Airports Infrastructure, Vodafone Idea, Punjab National Bank, SAIL, Zee Entertainment Enterprises

Stocks in News Tata Motors: The passenger and commercial vehicles maker has recorded consolidated net profit at Rs 17,407 crore for quarter ended March FY24, growing 222 percent over corresponding period of previous fiscal driven tax credit of Rs 8,159 crore and strong operating numbers. Revenue from operations grew by 13.3 percent year-on-year to Rs 1,19,986 crore for the quarter. Eicher Motors: The automobile company has reported standalone net profit at Rs 983.3 crore for March FY24 quarter, growing 32 percent over the same period of previous fiscal, backed by strong operating numbers. Revenue from operations grew by 9.4 percent YoY to Rs 4,192 crore for the quarter. Union Bank of India: The public sector lender has registered a 19 percent on-year growth in net profit at Rs 3,311 crore for the fourth quarter of fiscal year 2024, with 20 percent on-year decline provisions. Net interest income grew by 14.4 percent year-on-year to Rs 9,437 crore for the quarter. ICICI Bank: Bijith Bhaskar has resigned as Head – Cards, Payment Solutions, E-Commerce Ecosystem, Merchant Ecosystem, Consumer Finance of the bank. He was a part of the Senior Management Personnel Group. Zydus Lifesciences: The pharma company has received final approval from the United States Food and Drug Administration (USFDA) to market Dexamethasone tablets in the US. Dexamethasone is used to treat conditions such as arthritis, blood/hormone disorders, allergic reactions, skin diseases, eye problems, breathing problems, bowel disorders, cancer and immune system disorders.

Results on May 13 UPL, DLF, Zomato, Jindal Steel & Power, Varun Beverages, Aditya Birla Capital, BLS E-Services, Chalet Hotels, GIC Housing Finance, Ind-Swift Laboratories, NOX India, C E Info Systems, Tube Investments of India

Market flat negative opening Expected between -15 to 25 points

Stocks under F&O ban on NSE Aditya Birla Fashion & Retail, Balrampur Chini Mills Canara Bank, GMR Airports Infrastructure, Vodafone Idea, Piramal Enterprises, Punjab National Bank, SAIL, Zee Entertainment Enterprises