Stock Market Update: FII sell, DII buy; Sugar, ICICI Pru, Cyient Rise; Vedanta Pledge, HCL Tech Fall

Stock Market Update

On 20th April
Fii sells 1169.32 crore stocks
Dii buys 832.72 crore stocks

Good News:
1. Sugar price at 12 years high
2. Icici Pru profit rise 26.95%
3. Icici Pru MF buys 1.31 lakhs shares of Nazara Tech
4. Cyient profit rise 4.6%
5. Siemens got 2 new orders from GMRCL
6. FINOLEX CABLES going to start new plant in Pune for capacity expansion

Bad News:
1. Crude fall below $81 due to expectations of Recession coming
2. Vedanta put 10 crore shares pledge of Hindustan zinc
3. HCL tech profit decline 2.8%
4. Sterling and Wilson loss increase from Rs126.3 to Rs417.45 crore

Other News:
1. Result today : Reliance Ind, Adiya birla money, Tejas, Hindustan zinc
2. Tesla and At&T shares fall 10% in expectation of Recession
3. 2 members of FED said bank rate will hike more
4. Delisting offer start from today of Rsystem at Rs262/share
5. Saurashtra cement will merge with Gujarat Sidhee cement today
6. Ex date of Stock split of Tips ind today