What's Happening, and Where, on Apr 28

INDICATORS

*NSE provisional net buy/(sale) in bln rupees, Apr 25: FII 2.95, DII (4.17).

*FII NSE futures net buy/(sale) in bln rupee, Apr 25: index (9.32), shr (2.34).

*Sensex 22688.07, down 188.47 points; Nifty 6782.75, down 58.05 points.

*Crude: $100.91/bbl; Rupee: 60.61/$1; Gold: $1,304.60/ounce; 10-yr yld:8.8831%.

STOCK

*ADANI ENTERPRISES: Adani Group Chairman Gautam Adani has denied having received any favours from the Narendra Modi-led government in Gujarat.

 *ALSTOM INDIA: Posted Jan-Mar net profit of 1.83 bln rupees, up 40.14% from a year ago. Total income fell 15.38% year-on-year to 9.41 bln rupees.

*ALSTOM T&D INDIA: Company has clarified that it is not aware of any potential public offer for shares of its parent as per reports that set share prices zooming of ALSTOM INDIA and ALSTOM T&D INDIA Friday.

*ASHOK LEYLAND: Managing Director Vinod Dasari bought 100,000 of the company's shares on Friday.

GOVT BEAT

*Additional Director General of Foreign Trade Jerath to speak at an interactive session. 1000 IST, New Delhi.

DATA ALERT

*CHICAGO FED MIDWEST MANUFACTURING INDEX for Mar. 1800 IST

*US PENDING HOME SALES INDEX for Mar. 1930 IST

RBI COUNTER

DAILY LAF TENDERS: One set of 1-day reverse repo (at 7.00%) and 1-day repo (at 8.00%). Bids for repo tender may be submitted between 0930 IST and 1030 IST, and reverse repo between 1900 IST and 1930 IST.

MARKETS

Call  : To open around RBI's repo rate as banks will borrow to cover reserve needs early in the week. 1-day call: 8.00-8.50% vs 7.25% 2-day Sat.

Bonds : Seen opening slightly up due to value buying. Auction announcement eyed. 10-year yield: 8.83-8.90% vs 8.88% Fri.

Rupee : To take opening cues from global factors. Euro, local shares eyed. Range: 60.40-61.00/$1 vs 60.61/$1 Fri.

Stocks: Seen opening flat to marginally down. Jan-Mar earnings eyed. Nifty range 6700-6850; Friday-end 6782.75, down 58.05 points

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