PRE-MARKET INDIAN STOCKS NEWS: Banks earnings

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Malaysian Exports YoY (Mar) Y/Y 8.3% (Prev. 10.8%)

Malaysian Imports YoY (Mar) Y/Y 10.4% (Prev. 8.2%)

PRE-MARKET INDIAN STOCKS NEWS: Banks earnings

[MARKET ANALYSIS] Asia-Pac stocks shrugged off the escalation and reclosure in Hormuz

Washington Post reporter cites WSJ stating "Trump has resisted sending American soldiers to take Kharg Island... he worried there would be unacceptably high American casualties"

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Aurobindo Pharma (ARBP IS) - Co. received final US FDA approval to manufacture and market dextromethorphan polistirex extended-release oral suspension 30mg/5mL (OTC), bioequivalent to Delsym of RB Health (US) LLC. (Moneycontrol)

HDFC Bank (HDFCB IS) - Co. Q4 (INR) net rose 9.1% Y/Y to 192.21bln, net interest income rose 3.2% Y/Y to 330.82bln. (Moneycontrol)

ICICI Bank (ICICIBC IS) - Co. Q4 (INR) net rose 8.5% Y/Y to 137.02bln, net interest income rose 8.4% Y/Y to 229.79bln. (Moneycontrol)

Jio Financial Services (JIOFIN IS) - Co. Q4 (INR) net fell 13.9% Y/Y to 2.72bln, rev. rose 106.5% Y/Y to 10.19bln. (Moneycontrol)

Lupin (LPC IS) - Co. said US FDA concluded inspection of its Somerset, New Jersey facility with issuance of Form 483 containing three observations. (Moneycontrol)

Yes Bank (YES IS) - Co. Q4 (INR) net rose 44.7% Y/Y to 10.68bln, net interest income rose 15.9% Y/Y to 26.38bln. (Moneycontrol)

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