DOW JONES DOWN 153
NASDAQ DOWN 13
DOW FUTURE UP 30
NASDAQ FUTURE UP 13
SGX NIFTY UP 22
NASDAQ DOWN 13
DOW FUTURE UP 30
NASDAQ FUTURE UP 13
SGX NIFTY UP 22
GM jsk stock in news nazara,Sterlite,mrpl,munjalauto,shivamauto,teamless,indianhume, indraprastha medi,affle,nhpc,mazgoan,sail,nfl,hdfc,nam,drl,lasa,starcem,tatapower,tatamot. Negative stocks perronetlng,PFS,ptcindia,accelay. Nifty range 15525-15780.
*SGX Nifty +25 pts (15694) from last trade 15669*
Nikkei +92 pts,
Hangseng +49 pts,
Now @6.52am.
Dow -152.68 pts ,Nsdq -13.16 pts, S&P -7.71 pts, , Bovespa +119 pts , Ftse -14 pts , Dax -59 pts , Cac +12 pts , Crude @ $69.72 brl (-0.24), Brent @ $72.22 brl (+0.00) , Gold @ 1890.80 (-4.70), Silver @ $27.925 (-0.07), Euro @ $1.2176, JPY @ $109.60, INR @ 72.985
*Today's Corporate Action*
*10th Jun Ex Date*
ASIANPAINT
Final Dividend - Rs. - 14.5000
GHCL
Final Dividend - Rs. - 5.5000
NAM-INDIA
Final Dividend - Rs. - 5.0000
SHREDIGCEM
Dividend - Rs. - 2.5000
TATACONSUM
Final Dividend - Rs. - 4.0500
VBL
Bonus issue 1:2
VTMLTD
Dividend - Rs. - 0.6000
*Today's Key Results/Board Meetings*
*10-Jun-21*
Century Plyboards, Mazagon Dock Shipbuilders, NHPC, Parle Industries, SAIL, GP Petroleums and Dhoot Industrial Finance are among the companies that will announce their quarterly earnings on June 10.
*Stock under F&O ban on NSE*
*10-Jun-21*
1BHEL
2CANBK
3NATIONALUM
4SAIL
5SUNTV
Nikkei +92 pts,
Hangseng +49 pts,
Now @6.52am.
Dow -152.68 pts ,Nsdq -13.16 pts, S&P -7.71 pts, , Bovespa +119 pts , Ftse -14 pts , Dax -59 pts , Cac +12 pts , Crude @ $69.72 brl (-0.24), Brent @ $72.22 brl (+0.00) , Gold @ 1890.80 (-4.70), Silver @ $27.925 (-0.07), Euro @ $1.2176, JPY @ $109.60, INR @ 72.985
*Today's Corporate Action*
*10th Jun Ex Date*
ASIANPAINT
Final Dividend - Rs. - 14.5000
GHCL
Final Dividend - Rs. - 5.5000
NAM-INDIA
Final Dividend - Rs. - 5.0000
SHREDIGCEM
Dividend - Rs. - 2.5000
TATACONSUM
Final Dividend - Rs. - 4.0500
VBL
Bonus issue 1:2
VTMLTD
Dividend - Rs. - 0.6000
*Today's Key Results/Board Meetings*
*10-Jun-21*
Century Plyboards, Mazagon Dock Shipbuilders, NHPC, Parle Industries, SAIL, GP Petroleums and Dhoot Industrial Finance are among the companies that will announce their quarterly earnings on June 10.
*Stock under F&O ban on NSE*
*10-Jun-21*
1BHEL
2CANBK
3NATIONALUM
4SAIL
5SUNTV
*Good Morning*
• India Says Front-Loading Fiscal Steps Will Help Revive Economy
• India’s May Oil Products Consumption Lowest in Nine Months
• India’s Olympic Body to Withdraw Contract With Apparel Sponsor
• India Increases Minimum Purchase Prices of Monsoon-Sown Crops
• India Cumulative Monsoon Rainfall 21% Above Normal June 9
• Scatec Joins European Peers Investing in India Renewables: BNEF
• Petronet Talking to Qatar for More LNG; Tellurian Deal Nixed
• Foreign Investors Buy Net INR38.4B of Indian Equities on Tuesday
• Foreigners Sell Net INR77B of India Equity Derivatives Wednesday
• Streets, rail tracks flooded in Mumbai as monsoon arrives with a bang: PTI
• RBI money printing should be last option, govt can consider Covid bonds: Subbarao: PTI
• BharatPe Acquires PAYBACK India, Mint Says
• Bata India (BATA): 4Q net income 294.4m rupees vs 376.1m y/y, revenue 5.9b vs 6.2b yr ago
• GAIL India (GAIL): To list Gas Pipelines via InvIT model, scraps spinoff plan; 4Q net income -37% y/y to 19.1b rupees, beats est. 18.3b
• MMTC Ltd. (MMTC): Says lenders led by SBI have approved its moratorium on loan, interest repayment
• Prestige Estates Projects (PEPL): Eyes Up to INR100b annual sales over next 3 yrs; 4Q office portfolio collection 97%-98%
• Tata Motors (TTMT): Says panel to meet June 14, on INR5b fund raising plan
• India Says Front-Loading Fiscal Steps Will Help Revive Economy
• India’s May Oil Products Consumption Lowest in Nine Months
• India’s Olympic Body to Withdraw Contract With Apparel Sponsor
• India Increases Minimum Purchase Prices of Monsoon-Sown Crops
• India Cumulative Monsoon Rainfall 21% Above Normal June 9
• Scatec Joins European Peers Investing in India Renewables: BNEF
• Petronet Talking to Qatar for More LNG; Tellurian Deal Nixed
• Foreign Investors Buy Net INR38.4B of Indian Equities on Tuesday
• Foreigners Sell Net INR77B of India Equity Derivatives Wednesday
• Streets, rail tracks flooded in Mumbai as monsoon arrives with a bang: PTI
• RBI money printing should be last option, govt can consider Covid bonds: Subbarao: PTI
• BharatPe Acquires PAYBACK India, Mint Says
• Bata India (BATA): 4Q net income 294.4m rupees vs 376.1m y/y, revenue 5.9b vs 6.2b yr ago
• GAIL India (GAIL): To list Gas Pipelines via InvIT model, scraps spinoff plan; 4Q net income -37% y/y to 19.1b rupees, beats est. 18.3b
• MMTC Ltd. (MMTC): Says lenders led by SBI have approved its moratorium on loan, interest repayment
• Prestige Estates Projects (PEPL): Eyes Up to INR100b annual sales over next 3 yrs; 4Q office portfolio collection 97%-98%
• Tata Motors (TTMT): Says panel to meet June 14, on INR5b fund raising plan
Accelya Solutions OFS Announced 👍
Non-retail date - 10 June
Retail bid date - 11 June
Floor Price - 910/-
Today's close - 1,098/-
Base OFS Size : 21,81,773 Shares
Greenshoe Option : NIL
Total OFS Size : 21,81,773 shares
Retail Reservation - 10% of OFS
Retail Discount - NILANG
Non-retail date - 10 June
Retail bid date - 11 June
Floor Price - 910/-
Today's close - 1,098/-
Base OFS Size : 21,81,773 Shares
Greenshoe Option : NIL
Total OFS Size : 21,81,773 shares
Retail Reservation - 10% of OFS
Retail Discount - NILANG
Who’s Meeting Whom
Tata Motors: To meet Axis Mutual Fund on June 10.
Titan: To meet IIFL Securities on June 11.
MCX: To meet ULKJ Financial Services on June 11, Enam AMC on June 16.
Bank of Baroda: To meet Marshall Wave, Franklin Templeton, Mirae Asset Global Investments, Millenium Partners, ICICI Prudential AMC on June 10 and June 11.
Mahindra Logistics: To interact with ICICI Prudential Life Insurance Arthya Investments and Yes Securities on June 10. To meet Sharekhan Research and BOB Caps on June 11.
Welspun India: To meet Centrum PMS on June 10, and Capital Group on June 11.
Galaxy Surfactants: Management to participate in Edelweiss' conference on June 11, B&K's conference on June 18 and ICICI's conference on June 23
Tata Motors: To meet Axis Mutual Fund on June 10.
Titan: To meet IIFL Securities on June 11.
MCX: To meet ULKJ Financial Services on June 11, Enam AMC on June 16.
Bank of Baroda: To meet Marshall Wave, Franklin Templeton, Mirae Asset Global Investments, Millenium Partners, ICICI Prudential AMC on June 10 and June 11.
Mahindra Logistics: To interact with ICICI Prudential Life Insurance Arthya Investments and Yes Securities on June 10. To meet Sharekhan Research and BOB Caps on June 11.
Welspun India: To meet Centrum PMS on June 10, and Capital Group on June 11.
Galaxy Surfactants: Management to participate in Edelweiss' conference on June 11, B&K's conference on June 18 and ICICI's conference on June 23
Money Market Update
The rupee ended at 72.97 against the U.S. Dollar on Wednesday as compared to Tuesday's closing of 72.89.
The rupee ended at 72.97 against the U.S. Dollar on Wednesday as compared to Tuesday's closing of 72.89.
Trading Tweaks
Ex-Date Dividend: Asian Paints, GHCL, ITC, Nippon Life India Asset Management, Shree Digvijay Cement
Record Date For Rights Issue: Vikas EcoTech
Ex-Date Bonus: Varun Beverages
Move Into Short Term ASM Framework: NACL, Accuracy Shipping, RattanIndia Power, Trejhara Solutions, Country Condo's, DPSC. Aptech, Indowind Energy, Vishal Fabrics, BL Kashyap & Sons, Shyam Century Ferrous, Astra Microwave Products, Deep Industries, Ramky Infrastructure, EIH Associate Hotels, Jump Networks, Shree Renuka Sugars
Move Out Of Short Term ASM Framework: Vaswani Industries, Palash Securities
Ex-Date Dividend: Asian Paints, GHCL, ITC, Nippon Life India Asset Management, Shree Digvijay Cement
Record Date For Rights Issue: Vikas EcoTech
Ex-Date Bonus: Varun Beverages
Move Into Short Term ASM Framework: NACL, Accuracy Shipping, RattanIndia Power, Trejhara Solutions, Country Condo's, DPSC. Aptech, Indowind Energy, Vishal Fabrics, BL Kashyap & Sons, Shyam Century Ferrous, Astra Microwave Products, Deep Industries, Ramky Infrastructure, EIH Associate Hotels, Jump Networks, Shree Renuka Sugars
Move Out Of Short Term ASM Framework: Vaswani Industries, Palash Securities
Insider Trades
Advanced Enzyme Technologies: Promoter Group Advanced Vital Enzymes Pvt. Ltd. sold 5,000 shares on June 9.
Astra Microwave Products: Promoter Renuka Chitrakar sold 50,000 shares on June 8. Promoter P.A. Chitrakar sold 50,000 shares on June 8.
Deepak Fertilizers and Petrochemicals: Promoters Robust Market Services Pvt. Ltd. bought 27,000 shares on June 7.
Zuari Global: Promoter Adventz Finance Pvt. bought 2 lakh shares on June 8.
Advanced Enzyme Technologies: Promoter Group Advanced Vital Enzymes Pvt. Ltd. sold 5,000 shares on June 9.
Astra Microwave Products: Promoter Renuka Chitrakar sold 50,000 shares on June 8. Promoter P.A. Chitrakar sold 50,000 shares on June 8.
Deepak Fertilizers and Petrochemicals: Promoters Robust Market Services Pvt. Ltd. bought 27,000 shares on June 7.
Zuari Global: Promoter Adventz Finance Pvt. bought 2 lakh shares on June 8.
Stocks To Watch
Reliance Industries: Company said the Fluidized Catalytic Cracker Unit in the Jamnagar refinery had to be taken for an emergency shutdown on June 6. Some product shipments may get delayed and company is working on minimizing impact on customers. FCCU unit being repaired on top priority. All other units in the Jamnagar refining complex operating normally.
GAIL India: Company plans to list two of its gas pipeline projects via an infrastructure investment trust, Chairman Manoj Jain said in an analyst call after the March-quarter earnings. The InvIT will replace GAIL’s earlier plan to spin off its gas transmission business into a separate unit.
Prestige Estates Projects: Company expects annual sales to reach Rs 8,000-10,000 crore over the next three years as it expands presence to new cities, Chairman and Managing Director Irfan Razack said in an earnings call.
MMTC: Lenders led by State Bank of India approved moratorium on loans and interest repayment. Company has signed the master debt resolution agreement and related documents with lenders for proposed debt restructuring.
Tata Motors: Board constituted committee to meet on June 14 to consider raising Rs 500 crore via non-convertible debentures.
Reliance Power: Board will meet on June 13 to consider and approve raising of long-term resources from domestic and/or global markets.
Tube Investments: Board will meet on June 17 to consider authorising borrowing through various means including by way of issue of nonconvertible debentures on a private placement basis, in one or more tranches.
Jet Airways: 22nd meeting of the Committee of Creditors is scheduled to be held on June 14.
GMR Infrastructure: 72.14% of total shares held by promoters and promoter group entities are encumbered.
Reliance Industries: Company said the Fluidized Catalytic Cracker Unit in the Jamnagar refinery had to be taken for an emergency shutdown on June 6. Some product shipments may get delayed and company is working on minimizing impact on customers. FCCU unit being repaired on top priority. All other units in the Jamnagar refining complex operating normally.
GAIL India: Company plans to list two of its gas pipeline projects via an infrastructure investment trust, Chairman Manoj Jain said in an analyst call after the March-quarter earnings. The InvIT will replace GAIL’s earlier plan to spin off its gas transmission business into a separate unit.
Prestige Estates Projects: Company expects annual sales to reach Rs 8,000-10,000 crore over the next three years as it expands presence to new cities, Chairman and Managing Director Irfan Razack said in an earnings call.
MMTC: Lenders led by State Bank of India approved moratorium on loans and interest repayment. Company has signed the master debt resolution agreement and related documents with lenders for proposed debt restructuring.
Tata Motors: Board constituted committee to meet on June 14 to consider raising Rs 500 crore via non-convertible debentures.
Reliance Power: Board will meet on June 13 to consider and approve raising of long-term resources from domestic and/or global markets.
Tube Investments: Board will meet on June 17 to consider authorising borrowing through various means including by way of issue of nonconvertible debentures on a private placement basis, in one or more tranches.
Jet Airways: 22nd meeting of the Committee of Creditors is scheduled to be held on June 14.
GMR Infrastructure: 72.14% of total shares held by promoters and promoter group entities are encumbered.