*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