Weekly Trading Diary: 31st January to 4th February 2022 – #4 by Tradingqna – Trading – Trading Q&A by Zerodha

Benchmarks rose more than 1.38% for the second day in a row, indicating that the market is supporting the union’s budget. Dow Jones and Nasdaq futures are pointing to a negative start for the US markets.

: oil_drum: Brent crude: 89.07 -0.21%
: heavy_dollar_sign: US Dollar – Spot INR: 74.79 + 0.24%
: scroll: India’s 10-Year Bond Yield: 6.829 + 2.17%

Most of the sectoral indices ended the day in the green. Nifty Metal was the main gainer, up 4.49%. Nifty Auto was the biggest loser, down 0.75%.

Among F&O . stocks

: chart_with_direction_up: Navin Fluorine International Ltd was the biggest winner.
: chart_with_downward_trend: Hindustan Petroleum was the biggest loser.

Ll4oS- Big Winner (14)

1Hgh1- Big Losers (12)

: page_with_curl: Earnings update:

Adani Ports reported a net profit of Rs 1,472 crore for the third quarter, down 5.7% YoY. In the previous year, the company earned a net profit of Rs 1,561 crore.

Indian Hotels Corporation Limited (IHCL) has announced a consolidated net profit of Rs 95.96 crore. Consolidated revenue from operations was Rs.1,111.22 crore, up from Rs.559.86 crore in the previous year.

Tech Mahindra’s third-quarter revenue from operations was Rs.11,451 crore, up 18.7% YoY. The company’s gross net profit increased by 4.5% to Rs. 1,369 crore rupees.

Hindustan Petroleum Corporation (HPCL) reported a 43% YoY decline in consolidated net profit to Rs.1,353 crore for the quarter, while revenue increased by 33.56% YoY to Rs.103,488.75 crore.

:Newspaper: in the news

Finance Minister Nirmala Sitharaman on Tuesday announced that the total GST collections for January 2022 are Rs 1,40,986 crore, the highest since the GST started.

Sales of Maruti Suzuki fell 4% to 1,54,379 units in January. The lack of electronic components had a slight impact on the production of vehicles that are mainly sold in the domestic market. The company has taken all possible measures to minimize the impact,” MSI stated.

Home ads # Budget 2022.

: earth_asia: around the world

Data on Tuesday showed that unemployment in the euro zone fell to an all-time low in December, as the European Union statistics office Eurostat said the unemployment rate in the 19 countries that share the euro fell to 7.0% of the labor force from a revised 7.1% in November. Lowest rate recorded since measurements began in April 1998.

UK house prices are showing the strongest start to the year since 2005. The property price index rose at an annual rate of 11.2% in January, beating economists’ expectations

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