MARKET NEWS

1. ITC outperforms benchmark on strong earnings hope; stock up 2% - ITC CMP 266 targets 275 & 300 SL 255
2. Zomato, Policybazaar, Info Edge down up to 9%; hit 52-week lows - Better Reduce positions from Zomato & Policybazaar
3. Wipro hits 52-week low; stock down 18% in 1 month on tepid Q1FY23 guidance - Longterm Investor should Stay Invested
4. Voltas tanks 10% on disappointing March quarter results
5. Angel One extends fall despite strong April update; stock drops 32% in 4 days - Next Support 1335 & 1265
6. RIL net profit rises 20% to Rs 18,000 crore in Q4 - CMP 2628 Next Supports 2580 & Immediate Targets upto 2 2700 & 2765
7. LIC IPO: Total Subscription so far 1.38x