India-South Korea to boost trade, HDFC Bank's Rs 13 dividend, & more - Groww Digest

Apr 20, 2026

Markets opened below Friday’s closing point.

Media stocks and PSU bank stocks rose the most today. IT stocks and chemicals stocks fell the most.

Global markets: US markets and Asian markets rose. European markets fell (as of 6 pm IST).

News

India’s infrastructure output of core industries fell by 0.4% year-on-year in March. Coal, crude oil, fertilisers and electricity output fell while natural gas, steel, cement and petroleum refinery products output rose.
India and South Korea signed 15 agreements to boost cooperation in areas like trade, AI, and shipbuilding, and aim to double bilateral trade to $50 billion by 2030.
The Multi Commodity Exchange received SEBI’s approval to invest in a proposed Coal Exchange company.

Jio Financial: net profit fell 14.5% year-on-year to Rs 338.53 crore during the Jan-March quarter. Dividend announced: Rs 0.60 per share.
Vedanta: will make its demerger effective from 1 May and fixed the same date as the record date for share allotment. The company will split into 4 separate businesses (aluminium, power, oil & gas, and iron & steel). Shareholders will receive 1 share in each new company for every 1 Vedanta share held. The company also approved the transfer of its BALCO stake to Vedanta Aluminium Metal.
Groww: net profit rose 122.06% year-on-year to Rs 686.35 crore in the Jan-March quarter.
ICICI Bank: net profit rose 9.28% year-on-year to Rs 14,755.06 crore in the Jan-March quarter. Dividend announced: Rs 12 per share.
HDFC Bank: net profit rose 8.05% year-on-year to Rs 20,350.76 crore in the Jan-March quarter. Dividend announced: Rs 13 per share, with 19 June as the record date.
Adani Enterprises: subsidiary Adani Airport City Ltd incorporated 3 airport city subsidiaries in Navi Mumbai, Guwahati, and Ahmedabad to expand its real estate and infrastructure business.
Lupin: received 3 observations from USFDA after inspection at its manufacturing facility in Somerset, New Jersey.

Institutional Holdings

It refers to the portion of a company’s shares owned by large institutions.

These institutions include mutual funds, insurance companies, banks, pension funds, foreign investors, etc.

Higher institutional holdings often indicate greater confidence in the company’s prospects.

Changes in the institutional holdings can impact stock prices, as these investors deal in large volumes.

Theme:
Day 1: Monday

In our present times, it is very easy to use different levels of automation tools to buy/sell stocks.

This allows us to buy/sell without having to constantly keep an eye on the price movements.

In this week’s course, we will look at the most simple to most advanced automation options in buying/selling of stocks, ETFs, etc.

The very first option that comes to mind is of course stop loss.

If the price of a certain stock falls below a limit defined by you, the stock is sold.

Next, limit order.

You can place an order and define a price below/above which the buying/selling happens.

These options are offered by nearly every investment platform. They do not require highly technical knowledge to use.

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