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Market Wrap, April 22: Here's all that happened in the markets today

Indian equity markets inched higher on Wednesday, helped in great part by Reliance Industries (RIL), which ended over 10 per cent higher

MARKET WRAP: Sensex ends 743 pts higher as RIL jumps 10% on Facebook deal

All that happened in the markets today

NBFCs stare at 30-70% fall in FY21 earnings due to coronavirus pandemic

According to an Edelweiss report, Rs 1 trillion non-convertible dentures (NCDs) and Rs 1.2 trillion commercial papers (CPs) are due for maturity in May and June

Bajaj Healthcare locked in 10% upper circuit; hits record high on HCQ boost

The stock has rallied 28 per cent in the past four days after getting Gujarat Food and Drug Administration's (FDA) nod to manufacture hydhroxychloroquine sulphate.

Asian Paints gains 5% amid a historic drop in oil prices, nears record high

The stock has rallied 21% in the past month.

RBL Bank stock hits new low of Rs 102, tanks 67% in two months

Axis Capital expects RBL Bank to report 71.5 per cent year-on-year (YoY) drop in net profit at Rs 70.5 crore.

Facebook investment paves way for RIL to become debt-free by March 2021

According to estimates by Jefferies, the deal implies a pre-money equity valuation of Rs 4,362 billion ($57 billion) for Jio Platforms Limited (JPL).

Aurobindo extends rally after US FDA clears Unit IV, zooms 133% in a month

The stock hit a 52-week low of Rs 281 on March 23, 2020

Laurus Labs surges 50% in one month on growth prospects in US market

The stock hit a 52-week high of Rs 494, up 9 per cent on the BSE on Wednesday, surging 20 per cent in past two trading days on expectation of strong growth prospects in United States.

ACC stock gains over 3.6% post-March quarter results; turns flat later

ACC's volumes were down 13 per cent YoY to 6.56 million tonnes due to the shutdown of operations from March 24, 2020

Reliance Industries gains 7% as Facebook to buy 9.9% in Jio for $5.7 bn

US tech giant Facebook would invest Rs 43,547 crore ($5.7 billion) in the company's wholly-owned subsidiary Jio Platforms to expand its presence in India.

Stocks to watch: RIL, ACC, Den Networks, Federal Bank, oil-linked stocks

Here's a look at the top stocks that may remain in focus today

Brent price crash adds to oil chaos even as OPEC+ rushes to cut output

Over 20 per cent fall comes despite OPEC+ agreeing to reduce production

Market Ahead, April 22: Top Factors That Could Guide Markets Today

The Mukesh Ambani-led conglomerate today announced that it has signed binding agreements for an investment of Rs 43,574 crore by Facebook into Jio Platforms

Nifty view and stock call by HDFC Securities: Buy Ipca Labs, Bharti Airtel

Bharti Airtel's move remained resilient during the downtrend which the market witnessed in the current calendar year

High expectations raise risk for stocks of general insurance companies

Benefits of lower claims could get offset by subdued premium collection and fixed costs

IndusInd shares fall after overseas investors breach buying limit

IndusInd Bank was added to the so-called 'red flag' list two weeks ago after FPI shareholding crossed 71 per cent

Sebi grants breather to firms, extends expiration date for IPO approvals

At present, the approvals given to IPOs are valid for a period of 12 months from the date of Sebi's final "observation". This has been extended by six months

India Inc's rating interference irks Sebi; MFs told to take action

The regulator's directive comes after at least three companies -Indiabulls, Edelweiss, and Future Group - sought court action in such matters, amid the Covid-19 disruption

Lockdown 2.0: Some respite for construction firms, but road ahead is long

Companies with stronger balance sheet and early cycle plays like L&T, J Kumar Infra, IRB Infra, Sadbhav Engineering and NCC though may be considered on dips, say analysts