HDFC-HDFC Bank Merger | Merger of HDFC & HDFC Bank is subject to shareholder & regulator approvals, says HDFC CEO, Keki Mistry

#HDFC #HDFCBank HDFC-HDFC Bank Merger | Potential for 7% more room for FPIs post the transaction, says HDFC CEO, Keki Mistry

#HDFC #HDFCBank

HDFC board approves merger of co with and into HDFC Bank HDFC-HDFC-Bank Merger | Post-merger, existing shareholder of #HDFC will hold 41% stake in #HDFCBank

#CNBCTV18Market | Morgan Stanley gives overweight call on HDFC Bank, sees continued market share gains for company. Big surprise seen in HDFC Bank’s corporate banking relative to our estimates says MS #CNBCTV18Market | Citi gives buy rating to HDFC Bank, sees reported loan growth of 21% YoY, 1st quarter of loan growth >20% since Q1FY21 for company

ICMR: People who need #not be tested:
1. Asymptomatic individuals in community settings
2. Contacts of confirmed cases of #COVID19 unless identified as high risk based on age or co-morbidities
3. Patients who stand discharged as per home isolation guidelines

*FOLLOW THREAD* ICMR: People who need #not be tested:
4. Patients being discharged from a COVID-19 facility as per revised discharge policy
5. Individuals undertaking inter-state domestic travel

*More in the thread*

Total of 115 companies have applied for the #vehicle and component #PLI scheme

Incentives applicable for determined sales of Advanced Automotive Technology from 1st April 2022 for 5 years

20 Champion OEMs have applied for this scheme

@Parikshitl reports

*See thread for more Sources tell CNBC TV18 that Maruti Suzuki, Tata Motors, Mahindra Group, MG Motor, Ather Energy, Bajaj Auto, TVS, Hero MotoCorp have applied

Champion OEM scheme is ‘sales value linked’, applicable on Battery ElectricVehicles and Hydrogen Fuel Cell Vehicles of all segments.

#MarketAtClose | Market rises for 2nd straight day to close at a 2-month high

Frontline indices end the Monday session at the day’s high

Nifty rises above 18,000, Sensex closes near 60,400 #MarketAtClose | Market breadth favours advances, advance-decline ratio at 3:1

Sensex rises 651 points to 60,396 & nifty 191 points to 18,003

Nifty Bank gains 608 points to 38,348 & midcap index 260 points to 31,372

'A total of 18.34 cr electors including service voters will take part in this election out of which 8.55 cr are women electors'

Chief Election Commissioner Sushil Chandra rolls out dates for 5 upcoming assembly elections Candidates contesting polls will be given an option for online nomination, CEC Sushil Chandra says

#ElectionDates @ShereenBhan

#CNBCTV18Exclusive | Bound to provide capital adequacy to Star Health Insurance, says Rakesh Jhunjhunwala #CNBCTV18Exclusive | Hope to do well in future & have hence retained my stake in Star Health

#MarketAtClose

Sensex & Nifty Gain For 3rd Straight Day; ITC & Reliance Top Gainers

Financials Underperform With HDFC Bank & SBI Being Top Losers

Sensex Gains 157 Points To 58,807 & Nifty 36 Points To 17,506 #MarketAtClose

Nifty Bank Slips 202 Points To 37,082 While Midcap Index Rises 186 Points To 30,955

Market Breadth Favours Advances, Advance-Decline Ratio At 2:1

ITC Top Nifty Gainer With A Move Of Over 4% On Analyst Meet Announcement

#CNBCTV18Market | Credit Suisse on RBI Policy: As expected, MPC kept rates unchanged, tweaked growth/ inflation forecasts a bit. While stance remains 'accommodative', bulk of overnight surpluses has shifted to VRRR #CNBCTV18Market | Citi maintains its view of limited upside, December 2022 Nifty target at 17,500. Says, post the big upgrade cycle in Q3/Q4, consensus estimates have been unchanged

Chopper Crash | it has now been ascertained that Gen Bipin Rawat, Mrs Madhulika Rawat and 11 other persons on board have died.

Gp Capt Varun Singh SC, Directing Staff at DSSC with injuries is currently under treatment at Military Hospital, Wellington: @IAF_MCC External Affairs Minister @DrSJaishankar: Deeply shocked at the tragic demise of CDS General Bipin Rawat and his wife.

#MarketAtClose

Market rises over 3% in 2 days, best 2-day gains in nine months

Broad-based gains help mkt close at day’s high; 45 stocks in the green

Strong global cues & Omicron concerns easing aid mkt, frontline Indices up 2% each #MarketAtClose

Sensex rises 1,016 points to 58,655 & Nifty 293 points to 17,470

Nifty Bank gains 666 points to 37,285 & Midcap Index 487 points to 30,769

Official Sources @PTI: Army helicopter carrying Senior Defence officials crashes at Coonoor in Nilgiris district in Tamil Nadu From @ANI | Chief of Defence Staff Bipin Rawat was on board the chopper that crashed in Coonoor. Search and rescue operations launched from nearby bases

#CNBCTV18Market | JPMorgan on steel: There are signs of policy easing in China. Exports could further reduce driving regional HRC prices higher #CNBCTV18Market | Morgan Stanley on Life Insurance: SBI Life continued to gain market share & is our top pick. ICICI Pru's growth for the month was relatively muted

#MarketAtClose

Mkt rebounds following yesterday’s fall with frontline indices gaining 1-2%

Financials & metals lead market surge, 45 of 50 Nifty stocks close in the green

#CNBCTV18At22 #MarketAtClose

Sensex rises 887 points to 57,634 & Nifty 264 points to 17,177

Nifty Bank gains 883 points to 36,618 & Midcap Index 419 points to 30,283

#MarketAtClose | #Sensex & #Nifty end flat but at record closing highs. Banks outperform with Nifty Bank gaining nearly 1%.

Market breadth favours declines; advance-decline ratio at 4:5

#CNBCTV18Market #MarketAtClose | Midcap index gains 9 pts to 30,152, Indian Hotels & AU Bank top gainers. 5 Nifty stocks hit record highs in Monday’s session

Here are the top index gainers today

Invesco Developing Mkts and Oppenheimer write to Zee Ent, says decisions of material strategic import must follow and not precede actions towards
establishment of a proper and independent governance structure as determined by the Company’s shareholders Invesco & Oppenheimer say, disclosure of 22 September 2021 by Zee Ent w.r.t Sony deal, is symptomatic of the erratic manner in which
important and serious decisions have been handled at the Company

.@amitabhk87: Road, railways, power top 3 sectors identified for asset monetisation.

15 Railway stadiums to be put up for asset #monetisation.

25 airports and Govt stake in existing airports will be up for monetisation.

160 coal mining projects part of monetisation.

https://twitter.com/CNBCTV18Live/status/1429768944009695234

Govt announces plans for National #AssetMonetisation.

FM: Parallel running with the infra pipeline, NMP coterminous with NIP (NMP: national #monetisation pipeline. NIP: national infrastructure pipeline).

No land involved in national monetisation plan; only brownfield assets.

#MarketAtClose | Sensex & Nifty close in the green, but off opening highs
IT stocks along with HDFC bank & reliance support market
Market breadth favours declines; advance-decline ratio 2:9 #MarketAtClose | Mindtree, Escorts, L&T Infotech, Nalco, Cadila Health & Nalco Top Midcap Gainers

#MarketAtClose | Market Erases Opening Gains To Close In The Red

Financials Remain Major Laggards With ICICI & HDFC Bk Being Top Losers

Sensex Slips 393 Points & Nifty 118 Points From Day’s High #MarketAtClose | Nifty Bank Falls 443 Points From Highs To Close At Day’s Low

Nifty Falls 27 Points To 15,722 & Sensex 86 Points To 52,464

Nifty Bank Slips 238 Pts To 34,772 While Midcap Index Rises 70 Pts To 26,971

SEBI board meeting outcome | SEBI
Approves merger of SEBI (Issue & Listing of Debt Securities) Regulations, 2008 &SEBI (Non-Convertible Redeemable Preference Shares) Regulations, 2013 into a single Regulation.

Nod to framework for ‘Accredited Investors’ in Indian securities mkt SEBI ON INDEPENDENT DIRECTORS
Appointment & Removal of IDs shall be via special resolution of shareholders for all listed entities

Composition of NRC modified to include 2/3rd IDs instead of existing requirement of majority of IDs
Alert: NRC Is Nomination & Remuneration Committe