Equity99

22/04/2026

Morning Alert..
*Infra investments to grow 50% through FY28 despite West Asia crisis: Crisil*
Despite the West Asia crisis having ripple effects on all sectors of the economy, infrastructure investments are likely to see a 45-50 per cent growth over the next two financial years through March 2028, compared to the preceding two years, Crisil said. This would take the quantum of investments by FY28 to ₹23-24 trillion, the ratings agency said in an infrastructure sector outlook report on Tuesday. Continued government policy support and strong balance sheets will keep the infrastructure players well-positioned to sustain the growth trajectory seen in recent years, it said. However, several risk factors persist for infra sectors. In renewable energy, this includes delay in timely closure of Power Purchase Agreements (PPAs) and lag in ramping up transmission evacuation infrastructure against renewable capacity. In roads, continued awarding slowdown could impact ex*****on and lower-than-expected monetisation proceeds may constrain financing.

*Global market action*
Dow Jones – Up by 0.49% or 242.19 points
FTSE – Down by 1.06% or 110.99 points
CAC – Down by 1.16% or 95.33 points
DAX – Down by 0.61% or 146.93 points
Gift Nifty – Down by 0.55% or 134.00 points

*FII/DII activities*
FII – Sold 1918.99Cr worth of shares
DII – Bought 2221.27Cr worth of shares.

*Major Indian Indices PE*
Nifty 50 – 21.4x
Nifty Bank – 15.1x

*Stocks with high delivery percentage*
Indraprastha Gas Ltd – 91.3%
JB Chemicals & Pharma Ltd – 89.6%
Dr Lal Pathlabs Ltd – 88.6%
Hexaware Technologies Ltd – 85.9%
Bikaji Foods International Ltd – 82.4%

*Commodities updates*
Gold – Rs 151698/10gm, Silver – Rs 244916/kg, Brcrude – Rs 8407/barrel, Copper – Rs 1264.65/kg.

22/04/2026

*News Headlines from Business News Agencies :*

*Business Standard :*

📝 NavPrakriti to invest ₹100 crore in Odisha critical minerals facility

📝 AI-led innovations to contribute 40% to revenue in 3-5 years: LEAD Group

📝 US starts tariff refunds; Indian exporters need to engage with buyers: GTRI

📝 Oberoi Realty sees pronounced rise in Q4FY26 bookings at ₹1,673 crore

📝 India's smartphone market hits six-year low as memory costs surge: Report

📝 Foreign ownership can boost Indian financial firms' credit profile: Fitch

📝 Renewable energies overtake global electricity demand in India, China

📝 Heatwave days to rise across India; IMD warns of rain

📝 India's crude imports fall 13% as Hormuz disruption cuts West Asia supply

📝 Domestic production of oil, gas ramped up amid West Asia crisis: RBI Guv

📝 Amazon to invest another $5 bn in Anthropic as part of $100 bn cloud deal

*Economic Times* :*

📝 Clean energy generation surges in India, coal still dominates: Report

📝 Moody’s Ratings cuts India’s FY27 growth forecast to 6% on higher energy costs

📝 Global palm oil supply to tighten in FY27 amid biodiesel push and weather risks: SEA

📝 BEL inks pact with BMIT for advanced defence electronics, aerospace systems

📝 Defence Ministry inks Rs 975 crore pact for TRAWL Assembly of Army tanks

📝 UltraTech crosses 200 MTPA capacity, set to become world’s largest cement maker outside China

📝 India should aim for 100% ethanol blending, says Nitin Gadkari

📝 Nippon India Mutual Fund launches investor awareness campaign to boost retail participation

📝 Indian plastic maker Alternicq says Iran war has pushed up costs

📝 Space investment in first quarter hits record as SpaceX IPO buzz lifts sector

📝 Hindustan Copper plans Rs 7,189-cr capex over 5 years for expansion of mines

*Mint :*

📝 India’s GDP growth to slow to 6.4% in FY27 amid geopolitical headwinds: UN

📝 Nestlé India Q4: Volumes drive best sales growth in a decade; profit jumps 26%

📝 India Inc chooses margins over volumes in crude-led cost storm

📝 Tea café chain Chaayos in talks to raise $50-70 million, appoints banker

📝 Infra.Market founders raise personal debt to shore up IPO-bound firm

📝 Trai’s AI enforcer plan sparks digital economy row

📝 FedEx conducts India's first intra-city drone delivery trials in Bengaluru

📝 Suzlon eyes Europe comeback with next-gen wind turbines

📝 PE firm EQT closes largest ever Asia-Pacifc fund at $15.6 billion

📝 Life insurers see double-digit premium growth in March; retail business performance varies

17/04/2026

Global bits

United States
Import prices rose on higher fuel costs, Fed rate cuts may be delayed due to oil-driven inflation risks, and the IMF urged credible deficit reduction (~7% of GDP).

India
Wholesale inflation hit a three-year high (3.88%), trade deficit narrowed on strong exports, and banks are set for steady profit growth despite treasury pressures.

Senegal
IMF cut 2026 growth to 2.2% and widened current account deficit forecast amid debt strain and energy shock fallout.

Sub-Saharan Africa (broader region)
Multiple countries are seeking IMF support as higher fuel and fertilizer costs strain already fragile fiscal positions.

Iran
Faces contraction risks amid sanctions and war disruptions, with asymmetric economic shocks across the region.

Gulf Economies
Oil exporters face mixed impacts benefiting from higher prices but exposed to volatility and geopolitical risks.

Source: Reuters

12/04/2026

08/04/2026

RBIPMPC | 🚨 RBI lifts FY26 GDP growth estimate to 7.6%, sees FY27 slowing to 6.9%

02/04/2026

Jai Shree Ram, Happy Hanuman Jayanti 🙏

31/03/2026

Mahavir Jayanti ki sabhi ko badhaiya 🙏

28/03/2026

Morning Alert..
*West Asia conflict: Govt steps in to shield OMCs via big duty cuts*
Amid the war in West Asia and impending Assembly elections, the government on Friday announced heavy relief for oil companies, cutting special additional excise duty on petrol and diesel by ₹10 per litre. In protecting consumers from a price rise, the government is likely to take a hit of around ₹1.3 trillion in FY27 as revenue losses due to the duty cut assuming excise duty remains same throughout the year. Excise duty is not ad valorem, meaning the rate will not change with changes in prices of the fuels. In a notification dated March 27, the finance ministry said the special additional excise duty on petrol was reduced to ₹3 per litre from ₹13, and on diesel to nil from ₹10, with immediate effect. The government last revised excise duty on petrol and diesel in April last year, increasing it by ₹2 per litre each. The government reintroduced export duties on diesel and aviation turbine fuel (ATF) to ensure their adequate availability in the domestic market. A duty of ₹21.5 per litre has been levied on diesel exports, while ATF exports will attract a duty of ₹29.5 per litre from nil. India exported 14 million tonnes of petrol and 23.6 million tonnes of diesel between April 2025 and January 2026, mostly by Reliance Industries.

*Global market action*
Dow Jones – Down by 1.73% or 793.47 points
FTSE – Down by 0.05% or 4.82 points
CAC – Down by 0.87% or 67.36 points
DAX – Down by 1.40% or 312.22 points
Gift Nifty – Down by 0.25% or 57.50 points

*FII/DII activities*
FII – Sold 4367.30Cr worth of shares
DII – Bought 3566.15Cr worth of shares.

*Major Indian Indices PE*
Nifty 50 – 20.0x
Nifty Bank – 14.0x

*Stocks with high delivery percentage*
Carborundum Universal Ltd – 84.8%
ICICI Lombard General Insurance Co. Ltd – 81.6%
Devyani International Ltd – 80.1%
Cholamandalam Financial Holdings Ltd – 79.3%
Havells India Ltd – 78.9%

*Commodities updates*
Gold – Rs 144500/10gm, Silver – Rs 227750/kg, Brcrude – Rs 9402/barrel, Copper – Rs 1138.15/kg.

27/03/2026

Dollar reached all time high levels.

26/03/2026

Happy & Shubh Ram Navami 🙏