Pledge Share Details

💫Adani Transmission: Promoter Adani Tradeline LLP created a pledge of 66.06 lakh shares between July 2-3.

💫HFCL: Promoters (MN Ventures, Nextwave Communications and Anant Nahata) revoked pledge of 18.11 crore shares between July 2-3.

💫JSW Steel: Promoter JTPM Metal Traders revoked pledge of 5.84 lakh shares between June 29-30.

💫Prime Focus: Promoter Naresh Malhotra revoked pledge of 93.60 lakh shares on June 1.

💫SH Kelkar and Company: Promoters (Keva Constructions and Kedar Vaze) created a pledge of 50 lakh shares on June 29.

*Good Morning*

India June Gross GST Rev. Collection 928.5b Rupees, Up 2% Y/y

Chip Crisis Deepens With Daimler, Jaguar Warning of Lost Sales

Tata Motors shares sink on lower wholesale volumes

Indian Bonds Slide as RBI’s Choice of Purchase Papers Disappoint

Yield on the benchmark 10-yr bond rises nine basis points

Telus International Buys India’s Playment to Expand AI Solutions

India Cumulative Monsoon Rainfall 2% Below Normal as of July 6

World Coffee Exports Fell 10.1% Y/y in May: ICO

Money Rolls Into Emerging Market ETFs for 35th Consecutive Week

Global Funds Sell Net INR5.43B of India Stocks on Tuesday: NSE

Domestic funds buy net 5.21b rupees of stocks

Foreign Investors Buy Net INR4.39B of Indian Equities on July 5

Foreigners Buy Net INR32.7B of Indian Equity Derivatives Tuesday

Ministerial probables arrive in Delhi amid Cabinetreshuffle buzz: PTI

MHA calls meet of NE states on Jul. 7 to discuss COVID-19 situation: PTI

India’s hiring rate recovered moderately from 10% in Apr to 35% in May 2021: PTI

Kotak Mahindra Bank (KMB): Says Kotak Securities to buy 9.96% stake in Kredent Infoedge for 100m rupees

Mahindra & Mahindra (MM): To acquire up to 31.2% in Indian Solar Power Generator

NMDC (NMDC): Says Chhattisgarh issue LoI to Bailadila mine for grant of mining lease

Sobha (SOBHA): 1Q total new sales 895,539 sq. ft vs 650,400 sq. ft y/y; average price realization INR7,626/sq ft vs INR7,498 y/y

Tata Steel (TATA): Says aiming for 55m tons capacity globally by 2030: Investor presentation

Titan Co (TTAN): Says 1Q FY22 revenue grew by about 117% y/y; more than 90% of its jewelery stores open now; expansion plan delayed on lockdowns

 
 

*SGX Nifty -55 pts (15777) from last trade 15832 ,*


Nikkei -245 pts ,
Hangseng -295 pts ,
Now @6.52am .


Dow -208.98 pts ,Nsdq +24.32 pts, S&P
-8.80 pts, Bovespa -1825 pts , Ftse -64 pts  , Dax -150 pts , Cac -60 pts , Crude @ $73.57 brl (+0.21), Brent @ $74.53 brl (-0.00) , Gold @ 1796.40 (+2.20), Silver @ $26.22 (+0.04), Euro @ $1.182, JPY @ $110.58,  INR @ 74.755







*Today's Corporate Action*
*7th  Jul Ex Date*




CHEMBOND
Final Dividend - Rs. - 2.2500
KALPATPOWR
Final Dividend - Rs. - 1.5000
LKPSEC
Final Dividend - Rs. - 0.2000
MAYURUNIQ
Dividend - Rs. - 2.0000
ONWARDTEC
Final Dividend - Rs. - 3.0000
SOLIMAC
Dividend - Rs. - 1.0000
STL
Interim Dividend - Rs. - 1.0000
ULTRAMAR
Dividend - Rs. - 5.0000






*Today's Key Results/Board Meetings*
*7-Jul-21*



ACEWIN
Audited Results
ARTEMISELC
Audited Results
AUROCOK
Audited Results
CHENFERRO
Audited Results
EASUN
General
GIANLIFE
Audited Results
GLEAM
Audited Results
GVFILM
Audited Results;Quarterly Results
INNOVATIVE
Audited Results
MITSHI
Quarterly Results
NEWINFRA
Audited Results
OKPLA
Audited Results
PROFINC
Issue Of Warrants
REDINGTON
Bonus issue
REMLIFE
Quarterly Results
SETCO
Audited Results;Quarterly Results
SHARMEH
Quarterly Results
SPACEAGE
General
UNIIN
Audited Results
UNIWSEC
Audited Results
VARIMAN
General




*Stock under F&O ban on NSE*
*7-Jul-21*



1IBULHSGFIN

2NATIONALUM

3NMDC

4PNB

🇮🇳*Business News Headlines*🇮🇳

*Economic Times*

Ø Kotak Mahindra Bank subsidiary to acquire 10% stake in KIPL
Ø SBI to auction two NPA accounts to recover dues of over Rs 313 cr
Ø Paytm rejigs board ahead of its $2.2 billion IPO
Ø IIFL Home Finance to raise up to Rs 1,000 crore via bonds
Ø Coforge board approves proposal to raise Rs 375 cr
Ø Govt eyes over Rs 3,600 cr by divesting 7% in NMDC
Ø SAT to hear matter on PNB Housing-Carlyle deal next week
Ø Clean Science and Technology raises Rs 464 cr from anchor investors
Ø Info Edge to acquire Axilly Labs for Rs 21 crore
Ø DHFL resolution: NCLAT issues notices to lenders, Piramal on 63 Moons Tech's plea
Ø Kalyani Steel running at 100% capacity, may need new plant to cater to rising demand: RK Goyal, MD

*Business Standard*

Ø Double-digit volumes to drive Q1 growth for Godrej Consumer, Marico
Ø NSE clarifies on Nifty Futures 'freak trade', seeks explanation from broker
Ø JLR warns of lower Q2 volumes, downgrades outlook due to chip shortage
Ø Private banks' loan books shrink in Q1 amid second wave of Covid-19
Ø Mutual fund AUM grows 3.3% sequentially in June qtr, smaller AMCs see churn
Ø Inflation could impact liquidity flowing into equities: IIFL Wealth Jt CEO
Ø Sumitomo Mitsui Financial Group to acquire 74.9% stake in FICC for $2 bn
Ø GST collections fall below Rs 1-trn mark after eight months in June
Ø Bajaj Finance books fewer new loans in June quarter over March
Ø Paytm to file draft prospectus next week for $2.3-bn IPO: Report

*Financial Express*

Ø Unemployment rate falls to 7.3% as India unlocks
Ø Adani Total Gas, SAIL, NMDC reclassified as largecaps by AMFI
Ø Info Edge reduces OFS size in Zomato IPO by half
Ø Increasing imports of tea a matter of great concern
Ø NTPC Renewable Energy Ltd IPO to hit markets in 2022-23
Ø Repco Home Finance Rating ‘Buy’; Q4 earnings were above estimates
Ø Adani Ports & SEZ Rating ‘Buy’; Firm largely insulated from Group entities
Ø Sebi cuts time period for filing application to obtain NOC for release of 1 pc of issue amount
Ø GST revenue slips below Rs 1 lakh cr mark in June, at Rs 92,849 crore
Ø Sumitomo Group to snap up Fullerton Credit in $2.5 bn deal

*Mint*

Ø Sanofi seeks nod to conduct phase 3 trial of its jab in India
Ø Oil slides from multi-year highs after OPEC cancels meeting
Ø Bajaj Finance gives relief on growth, but asset quality must justify valuations
Ø Paytm reshuffles board before floating mega IPO
Ø Metal, PSU stocks top upgrades in Amfi m-cap review
Ø Investment advisors cannot take power of attorney from clients: Sebi
Ø Wipro commits ₹1k crore more for COVID-19
Ø Housing sales down 76% in 8 cities from April-June: PropTiger
Ø NMDC OFS over-subscribed 2.13 times on Day 1
Ø Tata Power ties up with California-based AutoGrid for AI based energy management
Ø Sebi defines 'same line of business' under delisting rules

GM jsk stock in news Shobha,tatastl,jspl,tcs,Glenmark, morepenlab,Hindalco,titan,tbz,kalyan,thangamaya,greaves,MNM,ncl,moschip,infoedge,redigton. Negative stocks rblbk,tatamot. Nifty range 15675-15880.

Tata Motors pegs $2.9 billion cash burn at JLR in H1, as chip shortages bite - https://www.livemint.com/market/mark-to-market/tata-motors-pegs-2-9-billion-cash-burn-at-jlr-in-h1-as-chip-shortages-bite-11625572329678.html


Download mint app for latest in Business News - https://bit.ly/32XEfFE

*F&O BAN*
NMDC
IBULHSGFIN,
NATIONALUM,
PNB

*Stocks in News*

*3i Infotech:* Srei Multiple Asset Investment Trust sold 2.31% stake in the company via open market transaction, reducing total shareholding to 11.32% from 13.63%.

*Mastek:* Hiral Chandrana has been appointed as the Global Chief Executive Officer of Mastek Group. Chandrana will be operating out of USA.

*Titan Company:* The company recorded revenue growth of around 117% (excluding bullion sales) in Q1FY22, with revenue contribution of approximately 50%, 10% and 40% coming from April, May and June months respectively. Jewellery division in Q1FY22 grew by around 107% (excluding bullion sales), compared to last year, primarily due to zero sales in April of last year. Watches and wearables division grew by around 280% over Q1FY21. Eye Wear division grew by around 117% over Q1FY21.

*Gillette India:* The company appointed Gautam Kamath as Chief Financial Officer and Additional (Executive) Director effective August 1.

*Sobha:*
The company achieved total sales volume of 8,95,539 square feet of super built-up area valued at Rs 682.9 crore in Q1FY22 against 6,50,400 square feet of super built-up area valued at Rs 487.7 crore sold in Q1FY21.

*RBL Bank:* The bank's total deposits grew by 21% YoY to 74,480 crore and gross advances increased by 2 percent to Rs 58,755 crore in June 2021 quarter

Power demand soars to all-time high of 197.06 GW on Tuesday https://t.co/ZwzIZCQoao via @economictimes

Nomura on Tata Motors
Neutral
Target Rs 353
--·
MS on Tata Motors
Equal Weight
Target Rs 300
@CNBC_Awaaz

*Global-Market Insight*
-The S&P 500 fell after 7 straight gains, Crude oil falls to $75
-Mostly banks and energy shares pulled the market down
-Amazon helped Nasdaq to reach a fresh high
-US 10-year yield dropped to 1.36% from 1.44% at the Feb level
-US services PMI little lower month on month
-Gold gains momentum again
-US FED minutes to drive the market today
-Asian futures in red

*MS on Titan*
Equal weight
Target Rs 1358
--
*CLSA on Titan*
Sell Call
Target Rs 1370


*Nomura on Tata Motors*
Neutral
Target Rs 353
--·
*MS on Tata Motors*
Equal Weight
Target Rs 300

*MS on IndiGo*
Overweigh Call
Target Raised To Rs 2,292

*Goldman Sachs on Bharat Forge*
Buy Call
Target Rs 883
--
*CLSA on Tata Steel*
Buy Call
Target Raised To Rs 1,450