Result Today
Magma Fincorp Ltd.
Jamna Auto Industries Ltd.
Apar Industries Ltd.
Kolte Patil Developers Ltd.
Chemcon Speciality Chemicals Ltd.
Panama Petrochem Ltd.
Xchanging Solutions Ltd.
Chaman Lal Setia Exports Ltd.
Nelcast Ltd.
Asian Granito India Ltd.
Tourism Finance Corporation Of India Ltd.
Man Industries (India) Ltd.
Urja Global Ltd.
Vascon Engineers Ltd.
Astron Paper & Board Mill Ltd.
Bannari Amman Spinning Mills Ltd.
TIL Ltd.
Modison Metals Ltd.

🔹 *STOCKS TO WATCH:*

ADITYA BIRLA FASHION, ACTION CONSTRUCTION, DIVI’S LAB, SUMITOMO CHEMICAL, SMS PHARMA, AFFLE INDIA, HEIDELBERGCEMENT, SUDARSHAN CHEMICAL, ITD CEMENTATION, PRATAP SNACKS, TIME TECHNO, GLENMARK, JINDAL POLY, HIMATSINGKA SEIDE, FORTIS HEALTHCARE, BOB, INDIAN BANK


Aditya Birla Fashion: Q4 Cons Net Loss 1.38b Rupees Vs Loss 1.45b (YoY); Est Loss 360m | Profit 594m (QoQ) || Q4 Revenue 18.22b Rupees Vs 18.32b (YoY)

Action Construction Equipment: Q4 Cons Net Profit 386m Rupees Vs 136m (YoY) | 309m (QoQ) || Q4 Revenue 4.57b Rupees Vs 3.05b (YoY)

Divi’s Lab: Q4 Cons Net Profit 5.02b Rupees Vs 3.88b (YoY) | 4.71b (QoQ); Est. 4.7b || Q4 Revenue 17.88b Rupees Vs 13.9b (YoY) || Recommended Final Dividend Of 20 Rupees/Share

Sumitomo Chemical India: Q4 Cons Net Profit 541m Rupees Vs 229m (YoY); Est 370m | 541m (QoQ) || Q4 Revenue 5.34b Rupees Vs 4.47b (YoY)

SMS Pharmaceuticals: Q4 Cons Net Profit 222.1m Rupees Vs 62.5m (YoY) | 183m (QoQ) || Q4 Revenue 1.71b Rupees Vs 965m (YoY) || Dividend For The Year 2020-21 At Rupees 0.30 Per Equity Share

Affle India: Q4 Cons Net Profit 585m Rupees Vs 153m (YoY) | 306m (QoQ); Est 230m || Q4 Revenue 1.41b Rupees Vs 800m (YoY)

Heidelbergcement India: Q4 Sl Net Profit 1.4b Rupees Vs 663m (YoY); Est 710m | 636m (QoQ) || Q4 Revenue 5.81b Rupees Vs 5.10b (YoY) || Recommended Dividend 8 Rupees Per Share

Sudarshan Chemical: Q4 Cons Net Profit 534.2m Rupees Vs 273m (YoY); Est 421m | 392m (QoQ) || Q4 Revenue 5.73b Rupees Vs 4.42b (YoY)

ITD Cementation: Q4 Cons Net Profit 639.7m Rupees Vs 342m (YoY); Est 360m | 340m (QoQ) || Q4 Revenue 9.84b Rupees Vs 7.4b (YoY) || Recommendation For Payment Of Dividend At Rupees 0.12 Per Equity Share

Prataap Snacks : Q4 Cons Net Profit 71.3m Rupees Vs 197.5m (YoY); Est 10m | 45.4m (QoQ) || Q4 Revenue 3.08b Rupees Vs 3.1b (YoY) || Recommended Dividend Of Rupees 0.50 Per Share

Time Technoplast: Q4 Cons Net Profit 522m Rupees Vs 383m (YoY); Est 530m | 384m (QoQ) || Q4 Revenue 9.51b Rupees Vs 9.16b (YoY) || Recommended Final Dividend Of Rupees 0.70 Per Equity Share

Glenmark Pharma: Q4 Cons Net Profit 2.34b Rupees Vs 2.2b (YoY); Est 2.4b | 2.48b (QoQ) || Q4 Revenue 28.6b Rupees Vs 27.6b (YoY) || Recommended A Final Dividend Of Rupees 2.50 Per Equity Share

Jindal Poly Films: Q4 Cons Net Profit 2.3b Rupees Vs 1.39b (YoY) | 1.84b (QoQ) || Q4 Revenue 11.51b Rupees Vs 8.82b (YoY) || Recommended Dividend Rupees 2 Per Equity Share

Himatsingka Seide: Q4 Cons Net Profit 376m Rupees Vs Loss 688m (YoY) | Profit 451m (Qoq); Est. 370m || Q4 Revenue 7.46b Rupees Vs 4.35b (YoY) || Recommended Final Dividend Of 50 Paise/Share

Fortis Healthcare: Q4 Cons Net Profit 432m Rupees Vs Loss 445m (YoY) | Profit 299m (QoQ); est. Profit 570m || Q4 Revenue 12.52b Rupees Vs 11.13b (YoY)

Bank Of Baroda: Q4 Net Loss 10.46b Rupees Vs Profit 5.06b (YoY) | 10.61b (QoQ); Est. Profit 11b || Q4 Interest Income 166.8b Rupees Vs 186.9b (YoY) || Q4 Provisions 62.6b Rupees Vs 49.2b (YoY) || Q4 Gross Npa 8.87% Vs 8.48% (QoQ) || Q4 Net Npa 3.09% Vs 2.39% (YoY)

Indian Bank: Q4 Sl Net Profit 17.09b Rupees Vs Loss 2.18b (YoY); Est Profit 5.5b | Profit 5.14b (QoQ) || Q4 Revenue 89.04b Rupees Vs 54.93b (YoY) || Q4 Provisions 28.70b Rupees Vs 14.30b (YoY) || Q4 Net Npa 3.37% Vs 2.35% (QoQ) || Q4 Gross Npa 9.85% Vs 9.04% (QoQ) || Recommends Dividend Of 2 Rupees/Share

🔹 *Earnings Today:*

Apar Industries, Asian Granito, Auro Pharma, Honeywell Auto, Ingersoll Rand, Jamna Auto, JBF Industries, Kolte-Patil, Magma Fincorp, Narayana Hruda, Prakash Industries, Shilpa Medicare, Tourism Finance, TRF, Venus Remedies

🔹 *Stocks Ban In F&O:*

Sun TV

Insider Trades

Eris Lifesciences: Promoter Himanshu Shah sold 5,803 shares on May 25.

Godrej Agrovet: Promoter Godrej Industries bought 2,317 shares on May 24.

GHCL: Promoter Neelabh Dalmia bought 15,000 shares between May 25-27 and Promoter Anurag Dalmia bought 10,000 shares on May 25. Promoter Group Ram Krishna Dalmia Foundation sold 25,000 shares between May 25-27.

Kalpataru Power Transmission:Promoter Group Kalpataru Properties sold 28.88 lakh shares on May 26.

Ultramarine & Pigments: Promoter Sridhar Sundararajan sold 10,500 shares on May 27 and Promoter Jayalakshmi Venkataraman 11,000 shares on May 27.

OPERATOR KI KHABAR
JUNE 2021 EDITION .

1) Update- in last edition it was mentioned That sugar stocks such as Dhampur sugars ,Praj industries ,kesoram ,mawana sugars ,bajaj hindustan ,shree renuka sugars ,balrampur chini etc will show a tremendous rally and That happened ,Rally in sugar stocks is here to stay for a long time .Buy on Dips all good sugar stocks .One can expect a rally of more 30 to 50 percent in good sugar stocks .

2) Market is in complete control of bulls ,But valuations have gone very expensive .Even bad quality stocks are rallying which is a worry factor for markets ,Even Rbi has warned of bubble in Indian stock markets ,One should book profits on regular intervals .

3) Heranba Industries is catching eye of some Hni and smart investors ,At cmp of 700, stock has potential to double from here ,investors with a long term view can accumalate stock on dips .

4) Reliance industires after making a base around 1950 zones has bounced back in style ,Punters say stock can rally to 2250 to 2400 zones in coming months.

5) Update- As menetioned in last edition That Bombay dyeing has reported Bad set of numbers ,The stock has already started correcting ,cmp is 80 and stock can decline to levels of 50.Avoid any buying in the stock .

6) Time technoplast may be re rated soon ,The company is posting excellent results .AT cmp of around 85 stock can be bough on dips to 70 ,Traget for teh same is 150.

7) Precision camshafts reported dissappointing set of results ,stock can correact heavily ,stay away from the stock or exit .

8) Zee entertainment is a value Buy as per some market Pundits At cmp of 210 it is very undervalued ,stock can race to 400 if things fall in right place .Purely a stock pick for high risk taking investors .

9) Update-as mentioned in last edition That indian cements can chow a good rally ,same happened ,fundamentals of company are improving ,demand for cement is improving ,stock can rally to 300 levels in longer term ,a buy on all dips undobutedly.

10) Sun pharma is going from strength to stregth ,stock is heard to be accumalated by some smart bulls ,stock can reach 1000 to 1200 levels in medium term ,keep a eagle eye on the stock.

11) Sun tv is gaining ground ,Dmk win in tamil nadu may boost prospects for stocks ,its also undervalued ,at cmp of 540 stock can be bought on dips with a target of 900 in coming times .A value pick for value loving investors .

12) Update- Rane madras ltd reported bad set of numbers ,the stock has already started correcting after that ,the stock can correct another 30 to 50 percent from cmp of 350 ,stay away or exit.

13) Some economic experts believe that Petrol Prices can rise up to 110 rs to 115 rs per litre which may increase inflation ,this may prove dampener for markets ,keep a eye on rising petro prices.

14 ) Hind pertro ( hpcl ) is heard to be accumalated by some strong hands ,the stock seems to have made a strong base around 200 and can rally to levels of 350 to 380 in longer term ,its a fantastic buy on all dips .

15) Man infra seems to be a multibagger in making ,its involved in business of civil consturction and has a low debt ,buy around levels of 45 and on all dips to 35 with a longer term target of 200 in coming years .

16) Update- As mentioned that Rally in Aditya birla capital is bit far over stretched and stock can correct to levels of 90 to 80 ,the stock has already started showing correction.stay away or exit ,stock can even correct to levels of 70 if market shows a good correction .

17) Some smart bulls are heard to be exiting their postions from mid caps and small cap stocks ,as market is really looking expensive ,economic activity on the ground is very weak ,third wave of corona is believed to be very lethal than second wave ,some smart bulls are of the view that whenever market corrects ,the correction would be devastating .

18) Rising metal price are Hurting auto ancillary industries and stocks ,stay away from all the auto ancillary stocks .

Sovereign Gold Bond Series III will be starting from May 31 to June 04,2021 to May 28,2021. RBI declared Price is *Rs.4889/-* per gram. *Rs.50/- discount* for those who is making payment through online is *Rs.4839/-* per gram.

Who’s Meeting Whom

Eicher Motors: To meet Fidelity Management and Research Inc and Vontobel Asset Management on May 31, and East Bridge Advisors on June 1.

Ambuja Cements: To meet SBI Mutual Fund on June 2.

Symphony: To meet Enam AMC on June 8.

Trading Tweaks

Ex-Date Dividend: HDFC, Oriental InfraTrust, Infosys

Record Date Interim Dividend: Indiabulls Housing Finance

Price Band Revised From 10% To 5%: Hindustan Construction Company, Mahanagar Telephone Nigam, Reliance Communications

Price Band Revised From 20% To 10%: Lux Industries, Tide Water Oil (India)

Move Into Short-Term ASM Framework: Tide Water Oil (India), Uniphos Enterprises

Move Into ASM Framework: Indian Metals & Ferro Alloys, Karda Constructions, HIL, TIPS Industries

Move Out Of ASM Framework: Tanla Platforms, Kirloskar Industries, NOCIL, Likhitha Infrastructure, Zensar Technologies, JK Tyre & Industries, Cosmo Films

OPERATOR KI KHABAR
JUNE 2021 EDITION .

1) Update- in last edition it was mentioned That sugar stocks such as Dhampur sugars ,Praj industries ,kesoram ,mawana sugars ,bajaj hindustan ,shree renuka sugars ,balrampur chini etc will show a tremendous rally and That happened ,Rally in sugar stocks is here to stay for a long time .Buy on Dips all good sugar stocks .One can expect a rally of more 30 to 50 percent in good sugar stocks .

2) Market is in complete control of bulls ,But valuations have gone very expensive .Even bad quality stocks are rallying which is a worry factor for markets ,Even Rbi has warned of bubble in Indian stock markets ,One should book profits on regular intervals .

3) Heranba Industries is catching eye of some Hni and smart investors ,At cmp of 700, stock has potential to double from here ,investors with a long term view can accumalate stock on dips .

4) Reliance industires after making a base around 1950 zones has bounced back in style ,Punters say stock can rally to 2250 to 2400 zones in coming months.

5) Update- As menetioned in last edition That Bombay dyeing has reported Bad set of numbers ,The stock has already started correcting ,cmp is 80 and stock can decline to levels of 50.Avoid any buying in the stock .

6) Time technoplast may be re rated soon ,The company is posting excellent results .AT cmp of around 85 stock can be bough on dips to 70 ,Traget for teh same is 150.

7) Precision camshafts reported dissappointing set of results ,stock can correact heavily ,stay away from the stock or exit .

8) Zee entertainment is a value Buy as per some market Pundits At cmp of 210 it is very undervalued ,stock can race to 400 if things fall in right place .Purely a stock pick for high risk taking investors .

9) Update-as mentioned in last edition That indian cements can chow a good rally ,same happened ,fundamentals of company are improving ,demand for cement is improving ,stock can rally to 300 levels in longer term ,a buy on all dips undobutedly.

10) Sun pharma is going from strength to stregth ,stock is heard to be accumalated by some smart bulls ,stock can reach 1000 to 1200 levels in medium term ,keep a eagle eye on the stock.

11) Sun tv is gaining ground ,Dmk win in tamil nadu may boost prospects for stocks ,its also undervalued ,at cmp of 540 stock can be bought on dips with a target of 900 in coming times .A value pick for value loving investors .

12) Update- Rane madras ltd reported bad set of numbers ,the stock has already started correcting after that ,the stock can correct another 30 to 50 percent from cmp of 350 ,stay away or exit.

13) Some economic experts believe that Petrol Prices can rise up to 110 rs to 115 rs per litre which may increase inflation ,this may prove dampener for markets ,keep a eye on rising petro prices.

14 ) Hind pertro ( hpcl ) is heard to be accumalated by some strong hands ,the stock seems to have made a strong base around 200 and can rally to levels of 350 to 380 in longer term ,its a fantastic buy on all dips .

15) Man infra seems to be a multibagger in making ,its involved in business of civil consturction and has a low debt ,buy around levels of 45 and on all dips to 35 with a longer term target of 200 in coming years .

16) Update- As mentioned that Rally in Aditya birla capital is bit far over stretched and stock can correct to levels of 90 to 80 ,the stock has already started showing correction.stay away or exit ,stock can even correct to levels of 70 if market shows a good correction .

17) Some smart bulls are heard to be exiting their postions from mid caps and small cap stocks ,as market is really looking expensive ,economic activity on the ground is very weak ,third wave of corona is believed to be very lethal than second wave ,some smart bulls are of the view that whenever market corrects ,the correction would be devastating .

18) Rising metal price are Hurting auto ancillary industries and stocks ,stay away from all the auto ancillary stocks .

19) Some prominent market sharks are heard to be taking postions in pharma stocks such as sun pharma ,dr reddys ,gland pharma ,glenmark pharma ,marksans pharma ,wockhartd pharma,cadila healthcare ,cipla ,biocon and synegene to name the few ,they belive that pharma sector may give a rally of 50 to 80 percent in coming years as corona is not believed to end soon .

20) Note -markets are really looking expensive ,econoic growth on ground is weak ,pharma only seems to be safe heaven to hide now ,one must book profits specially in small and mid caps as early as possible ,whenever this rally ends one might find hard to exit small and mid cap stocks .

*Action Construction Equipment Ltd.* | *CMP* Rs. 169 | *M Cap* Rs. 1918 Cr | *52 W H/L* 178/45
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 457.4 Cr (14.2% QoQ, 49.7% YoY) vs QoQ Rs. 400.5 Cr, YoY Rs. 305.5 Cr
EBIDTA came at Rs. 49.7 Cr (10.1% QoQ, 82.5% YoY) vs QoQ Rs. 45.1 Cr, YoY Rs. 27.2 Cr
EBITDA Margin came at 10.9% vs QoQ 11.3%, YoY 8.9%
Adj. PAT came at Rs. 38.6 Cr vs QoQ Rs. 30.9 Cr, YoY Rs. 13.6 Cr
Quarter EPS is Rs. 3.4
Share is trading at P/E of 24x TTM EPS

*GMM Pfaudler Q4FY21 Concall Update*
(Nirmal Bang Securities)

*Outlook: Positive*

• Pfaudler was consolidated only for months of Feb & Mar. Including this the combined revenue fr the qtr was Rs. 471 Cr, EBITDA was Rs. 75.5 Cr with margin of 16.0% and PAT was Rs. 47.5 Cr with Quarter EPS of 32.5
• Co has stuck to its revenue target of Rs 2800 cr and EBITDA margin of 16% by FY24E.
• Standalone + Mavag EBITDA margins are like to sustain at 24%. During Q4FY21 EBITDA Margin came at 26.9% vs QoQ 20.8%, YoY 17.1%.
• Underlying tailwinds in domestic business remains intact for chemical and pharma clients.
• Acquisition of HDO Technologies: Topline of 400 cr is possible in long term from here with some capex.
• Although the management did not disclose the profit figure for Pfaudler for FY21, we expect the consolidated EPS for FY21/22/23 to be Rs. 94/119/145.

*Rationale for acquisition of Pfaudler*
1) Cross sell opportunities with respect to customers, products and distribution networks.
2) Access to strong R&D set up of Pfaudler Group for developing new products.
3) No restrictions anymore for GMM to tap export markets.
4) Some amount of manufacturing will be outsourced to the Indian unit to improve margins.

*FY21 metrics for Standalone +Mavag*
• Revenue came at Rs. 757 Cr (+28%)
• EBITDA came at Rs. 167 Cr (+22%) with margin at 18.8% vs 22.0% YoY
• PAT came at Rs. 105 Cr (+48%)
• Order book is at Rs. 557 Cr vs Rs. 382 Cr YoY.

*FY21 metrics for Pfaudler*
• Revenue came at Rs. 1374 Cr (+7%)
• EBITDA came at Rs. 121 Cr (+32%) with margin at 8.8% vs 7.2% YoY
• Order intake was flattish at Rs. 1488 Cr with order book at Rs. 927 Cr.
• Topline will grow in single digit. Focus will be to improve the margins.

Share is trading at P/E of 43x FY22 EPS

World Markets

Dow + 65
Nasdaq + 12
Dax + 113
Nikkei - 223
Hangseng - 152
Sgxnifty - 61 (15417)
Brent Crude 69
Dow Fut + 21
Dollar Index 90

Pledge Share Details

Adani Ports and Special Economic Zone: Promoter Group (Gautam Adani and Rajesh Adani) revoked pledge of 6 lakh shares on May 27.

Coffee Day Enterprises: Promoters (Malavika Hegde and Devadarshini Infotechnologies) invoked pledge of 14.58 lakh shares on May 11.

Stocks To Watch

HDFC Bank: The Reserve Bank of India has levied a fine of Rs 10 crore on HDFC Bank for irregularities in the bank’s auto loan portfolio. RBI had received a whistleblower complaint regarding these irregularities. After reviewing the documents in the matter of marketing and sale of third-party non-financial products in HDFC Bank’s auto loan division, the regulator found the bank had
breached provisions of the Banking Regulation Act.

Mahindra & Mahindra: To spend Rs 12,000 crore in the next three years to launch new products across commercial and passenger vehicle segment, said CFO Manoj Bhat. The company will deploy Rs 9,000 crore in the auto sector that includes investment in EVs till FY24. To spend Rs 3000 crore in the farm sector. In addition, M&M will spend Rs 5,000 crore for investments in group companies. Further, the company will launch 23 new products across the passenger and commercial vehicle segment by 2026.

Manappuram Finance: Board of Directors may consider issuances of debt securities in June. The company is considering various options for raising funds through borrowings including by the way of issuance of various debt securities in onshore and offshore securities market by Public Issue, on Private Placement Basis or through issuing Commercial Paper.

Solar Industries India: Appointed Moneesh Agrawal, Senior General Manager, Accounts and Shalinee Mandhana, General Manager, Finance as Joint Chief Financial Officers effective May 27.

Earnings: Aurobindo Pharma, Jamna Auto, Kolte Patil, Narayana Hrudyalaya, Shilpa Medicare, Honeywell Automation

*Bulk deals*

*Archies:* Porinju Veliyath-owned Equity Intelligence India sold 9.5 lakh equity shares in Archies at Rs 15.81 per share on the NSE, the bulk deals data showed.

*Mcleod Russel India:* Investor Manju Gaggar sold 7,74,724 equity shares in Mcleod Russel at Rs 31.15 per share on the NSE, the bulk deals data showed.

*Paisalo Digital:* State Bank of India bought 4,37,498 equity shares in Paisalo Digital at Rs 570 per share on the NSE, the bulk deals data showed.

*Stocks in News*

*Bank of Baroda:* The bank posted loss of Rs 1,046.5 crore in Q4FY21 against profit of Rs 506.59 crore in Q4FY20. Net interest income rose Rs 7,106.62 crore from Rs 6,798.18 crore YoY.

*Divi's Laboratories:* Consolidated profit increased to Rs 502.02 crore in Q4FY21, from Rs 388.23 crore in Q4FY20. Consolidated revenue jumped to Rs 1,788.19 crore, from Rs 1,389.71 crore YoY.

*Dollar Industries:* The company reported higher consolidated profit at Rs 19.35 crore in Q4FY21 against Rs 12.18 crore in Q4FY20; revenue rose to Rs 308.31 crore from Rs 237.29 crore YoY.

*Fortis Healthcare:* The company reported consolidated profit at Rs 62.36 crore in Q4FY21 against loss of Rs 41.24 crore in Q4FY20; revenue rose to Rs 1,252.44 crore from Rs 1,112.92 crore YoY.

*Himatsingka Seide:* The company reported consolidated profit at Rs 37.57 crore in Q4FY21 against loss of Rs 68.84 crore in Q4FY20; revenue jumped to Rs 746.04 crore from Rs 434.6 crore YoY.

*Affle (India):* The company reported consolidated profit at Rs 58.6 crore in Q4FY21 against Rs 15.29 crore in Q4FY20; revenue jumped to Rs 141.57 crore from Rs 80 crore YoY.

*Reliance Infrastructure Ltd.* | *CMP* Rs. 65 | *M Cap* Rs. 1704 Cr | *52 W H/L* 64.8/15
(Nirmal Bang Retail Research)
*Result continue to remain weak*
Revenue from Operations came at Rs. 4178.9 Cr (9.1% QoQ, 15.3% YoY) vs QoQ Rs. 3831.7 Cr, YoY Rs. 3625.9 Cr
EBIDTA came at Rs. -34.8 Cr (95.3% QoQ, -87.1% YoY) vs QoQ Rs. -17.8 Cr, YoY Rs. -270.4 Cr
EBITDA Margin came at -0.8% vs QoQ -0.5%, YoY -7.5%
Adj. PAT came at Rs. -77.4 Cr vs QoQ Rs. -15.4 Cr, YoY Rs. -27.8 Cr
Quarter EPS is Rs. -2.9
Share is trading at P/E of -2.6x TTM EPS

*Gulf Oil Lubricants India Ltd.* | *CMP* Rs. 711 | *M Cap* Rs. 3576 Cr | *52 W H/L* 846/564
(Nirmal Bang Retail Research)
*Result is ok*
Revenue from Operations came at Rs. 517.4 Cr (7.4% QoQ, 43.9% YoY) vs QoQ Rs. 481.9 Cr, YoY Rs. 359.7 Cr
EBIDTA came at Rs. 78.1 Cr (-6.3% QoQ, 41% YoY) vs QoQ Rs. 83.4 Cr, YoY Rs. 55.4 Cr
EBITDA Margin came at 15.1% vs QoQ 17.3%, YoY 15.4%
Adj. PAT came at Rs. 59.8 Cr vs QoQ Rs. 64 Cr, YoY Rs. 35.9 Cr
Quarter EPS is Rs. 11.9
Share is trading at P/E of 16.5x FY22E EPS

GM jsk stock in news ncc, Glenmark,Bob,sbi,pnb,cipla, alembic ph,ambalal,morepenlab, phoenix,rupa n co,cub, Ingersoll, dilipbuild, spicejet,indigo, jubiliant pharma,divis. Negative stocks ghcl,aartisufac,ambikacotton,indianbk. Nifty range 14325-14550.

*Global-Market Insight*
-Important and busy week for the global markets
-Asian markets may trade subdued
-Gold has breached $1900 and Crude inching towards $70
-The US markets closed today on a Memorial Day
-US May job data, PMI & inflation numbers
-OPEC+ meeting on oil production
-FED's beige book on the economy on Wednesday
-India's GDP today & monetary policy on Friday