*Business News Headlines*๐ฎ๐ณ
*Economic Times*
ร Centre may invite fresh bids for CEL after charges of rigging
ร Draft cabinet note issued for listing of 25% shares of Coal India arm
ร Tata Motors inches closer to Hyundai in race for number two spot
ร SBI revises up FY23 economic growth forecast to 7.5%
ร Inflation and wheat, sugar export ban dampen consumer sentiment
ร Tea companies refuse to pick orders on high chemical content
ร India's Q1 growth seen in double digits but inflation, crude prices pose risks
ร NIIF may acquire Ashoka Buildcon toll road company for Rs 1,000 crore
ร Good monsoon outlook in India tempers fears of rice export curbs
ร Concession period hiked to 45 yrs for proposed multi-modal logistics parks
ร Some transactions could be excluded from crypto tax
ร Global semiconductor shortage likely to last through 2023
*Business Standard*
ร UltraTech announces Rs 12,886 cr capex plan as competition grows in cement
ร YES Bank board approves buyback of overseas bonds up to $200 mn
ร Govt to issue framework to stop restaurants from levying service charge
ร Vadodara: Massive fire breaks out at Deepak Nitrite's plant, 7 hospitalised
ร Freight rates in May fall but transporters defer fleet expansion plans
ร Decline in coal imports in FY22 due to less buying by power sector: Govt
ร Pvt refiners profit from cheap Russian crude, state refiners suffer
ร ONGC applies for mining license to discover oil fields in Samastipur, Buxar
ร Mittals looking to raise $2 bn to buy portion of Singtel stake in Airtel
ร Knowledge Marine bags Rs 70-cr order from Dredging Corporation
*Financial Express*
ร Principal MF ceases to exist as mutual fund: Sebi
ร Individual settles case with Sebi in Religare
ร LIC, Adani Wilmar stocks likely to get large-cap tag in AMFIโs next review, SAIL may be revised as mid-cap
ร Illegal variety occupies about a fifth of GM cotton seed market
ร JSW Steel to expand capacity to 36 mtpa, invest Rs 20,000 crore
ร Individual settles case with Sebi in Religare
ร LICโs gains from equity investments improve 16.6%
ร Amazon to pull Kindle out of China, other businesses to remain
ร Cipla adds capacity of a captive renewable energy power plants in Maharashtra and Karnataka
ร BSNL seeks spectrum worth Rs 61,000 crore in premium 700 Mhz frequency, prime 5G band
ร High inflation rate in India and challenges being posed by it
*Economic Times*
ร Centre may invite fresh bids for CEL after charges of rigging
ร Draft cabinet note issued for listing of 25% shares of Coal India arm
ร Tata Motors inches closer to Hyundai in race for number two spot
ร SBI revises up FY23 economic growth forecast to 7.5%
ร Inflation and wheat, sugar export ban dampen consumer sentiment
ร Tea companies refuse to pick orders on high chemical content
ร India's Q1 growth seen in double digits but inflation, crude prices pose risks
ร NIIF may acquire Ashoka Buildcon toll road company for Rs 1,000 crore
ร Good monsoon outlook in India tempers fears of rice export curbs
ร Concession period hiked to 45 yrs for proposed multi-modal logistics parks
ร Some transactions could be excluded from crypto tax
ร Global semiconductor shortage likely to last through 2023
*Business Standard*
ร UltraTech announces Rs 12,886 cr capex plan as competition grows in cement
ร YES Bank board approves buyback of overseas bonds up to $200 mn
ร Govt to issue framework to stop restaurants from levying service charge
ร Vadodara: Massive fire breaks out at Deepak Nitrite's plant, 7 hospitalised
ร Freight rates in May fall but transporters defer fleet expansion plans
ร Decline in coal imports in FY22 due to less buying by power sector: Govt
ร Pvt refiners profit from cheap Russian crude, state refiners suffer
ร ONGC applies for mining license to discover oil fields in Samastipur, Buxar
ร Mittals looking to raise $2 bn to buy portion of Singtel stake in Airtel
ร Knowledge Marine bags Rs 70-cr order from Dredging Corporation
*Financial Express*
ร Principal MF ceases to exist as mutual fund: Sebi
ร Individual settles case with Sebi in Religare
ร LIC, Adani Wilmar stocks likely to get large-cap tag in AMFIโs next review, SAIL may be revised as mid-cap
ร Illegal variety occupies about a fifth of GM cotton seed market
ร JSW Steel to expand capacity to 36 mtpa, invest Rs 20,000 crore
ร Individual settles case with Sebi in Religare
ร LICโs gains from equity investments improve 16.6%
ร Amazon to pull Kindle out of China, other businesses to remain
ร Cipla adds capacity of a captive renewable energy power plants in Maharashtra and Karnataka
ร BSNL seeks spectrum worth Rs 61,000 crore in premium 700 Mhz frequency, prime 5G band
ร High inflation rate in India and challenges being posed by it
๐นIndia Daybook โ Stocks in News
UltraTech Cement: Company announces Rs. 12,886 crores investment towards 22.6 MTPA capacit. (Positive)
GR Infraprojects: Company signs concession pact with NHAI for road project. (Positive)
Castrol: MG Motor India & Castrol India set to collaborate with Jio-bp to explore mobility solutions for electriccars. (Positive)
Godrej Ind: Company invests Rs 690 cr in arm Godrej Capital (Positive)
Reliance Ind: Mukesh Ambani and Apollo close in on Boots buyout (Positive)
Yes Bank: Committee approves tender offer to repurchase notes up to $200 m (Positive)
Coal India: Coal import declines to 209 MT in 2021-22 against 248 MT in 2019-20 (Positive)
Ashoka Buildcon: NIIF may acquire toll road company for Rs 1,000 crore (Positive)
Tata Motors: Pips Hyundai in May to take number 2 carmaker slot (Positive)
Vishwaraj Sugar: Societe Generale bought 12,43,456 equity shares in the company via open market transactions (Positive)
Prudent: Promoter and persons acting in concert (PACs) acquired 4.25 lakh equity shares (Positive)
Kotak Bank: Kotak Aims to Add a Million Users to New Multi-Product App (Positive)
Bajaj Finance: Coโs MSCI ESG Rating Raised to A from BBB (Positive)
Arvind: Birla Sunlife Insurance Company sold 16,29,479 equity shares in the company via open market transactions. (Neutral)
MTAR Technologies: The defence company has entered into a Share Purchase Agreement with sellers and GEE PEE Aerospace & Defence (Neutral)
Fiem Industries: Elevation Capital V FII Holdings sold a 2.16 percent equity stake in the company via open market transactions. (Negative)
Deepak NTR: An explosion, followed by fire, occurred at Deepak Nitrite Company in Nandesari GIDC in Vadodara, (Negative)
UltraTech Cement: Company announces Rs. 12,886 crores investment towards 22.6 MTPA capacit. (Positive)
GR Infraprojects: Company signs concession pact with NHAI for road project. (Positive)
Castrol: MG Motor India & Castrol India set to collaborate with Jio-bp to explore mobility solutions for electriccars. (Positive)
Godrej Ind: Company invests Rs 690 cr in arm Godrej Capital (Positive)
Reliance Ind: Mukesh Ambani and Apollo close in on Boots buyout (Positive)
Yes Bank: Committee approves tender offer to repurchase notes up to $200 m (Positive)
Coal India: Coal import declines to 209 MT in 2021-22 against 248 MT in 2019-20 (Positive)
Ashoka Buildcon: NIIF may acquire toll road company for Rs 1,000 crore (Positive)
Tata Motors: Pips Hyundai in May to take number 2 carmaker slot (Positive)
Vishwaraj Sugar: Societe Generale bought 12,43,456 equity shares in the company via open market transactions (Positive)
Prudent: Promoter and persons acting in concert (PACs) acquired 4.25 lakh equity shares (Positive)
Kotak Bank: Kotak Aims to Add a Million Users to New Multi-Product App (Positive)
Bajaj Finance: Coโs MSCI ESG Rating Raised to A from BBB (Positive)
Arvind: Birla Sunlife Insurance Company sold 16,29,479 equity shares in the company via open market transactions. (Neutral)
MTAR Technologies: The defence company has entered into a Share Purchase Agreement with sellers and GEE PEE Aerospace & Defence (Neutral)
Fiem Industries: Elevation Capital V FII Holdings sold a 2.16 percent equity stake in the company via open market transactions. (Negative)
Deepak NTR: An explosion, followed by fire, occurred at Deepak Nitrite Company in Nandesari GIDC in Vadodara, (Negative)
"Exclusive-Musk feels 'super bad' about economy, needs to cut 10% of Tesla jobs"
https://www.investing.com/news/stock-market-news/exclusivemusk-says-tesla-needs-to-cut-staff-by-10-pauses-all-hiring-2833144
NOW INFLATION IS HURTING CORPORATES.
https://www.investing.com/news/stock-market-news/exclusivemusk-says-tesla-needs-to-cut-staff-by-10-pauses-all-hiring-2833144
NOW INFLATION IS HURTING CORPORATES.
Investing.com
Exclusive - Tesla's Musk feels 'super bad' about economy, needs to cut 10% of salaried staff By Reuters
Exclusive - Tesla's Musk feels 'super bad' about economy, needs to cut 10% of salaried staff
*๐นINSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 03-06-2022 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +7369* ๐๐
*INDEX FUT. : +187*
*INDEX OPT. : +4253*
*STOCK FUT. : +3087*
*STOCK OPT. : -158*
*๐นSEC. IN F&O BAN FOR, 06 JUNE, 2022 :*
*NIL*
*ADDITION : NIL*
*DELETION : NIL*
*๐นINSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 03-JUN-22 : (Rs. CRS )*
*FIIS : SELL -3,770 (5,805-9,575)* ๐ข
*DIIS : BUY +2,360 (6,890-4,530)* ๐
*BSE SENSEX : -49 (55,769)๐ฝ*
*NSE NIFTY : -43 (16,584)๐ฝ*
*BSE MIDCAP. : -336 (22,775)*๐ฝ
*BSE SMLCAP. : -311 (26,384)*๐ฝ
*B. CRUDE : $ 117.20 (5pm)* ๐ผ ๐ญ๐ญ
*GOLD: $1866=INR 52450(10gr)(5pm)*๐ผ๐
*SILVER :* *RS. 62,700 (kg) (5pm) ๐ผ ๐*
*FOREX : RS. : $ 77.6225* ๐ฝ ๐
*6.54% GOI '32 : 7.4570% (93.7750)* ๐ผ ๐
*5.74% GOI '26 : 7.2194% (94.4575)* ๐ผ ๐
*6.67% GOI '35 : 7.6256% (92.02)* ๐ผ ๐
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +7369* ๐๐
*INDEX FUT. : +187*
*INDEX OPT. : +4253*
*STOCK FUT. : +3087*
*STOCK OPT. : -158*
*๐นSEC. IN F&O BAN FOR, 06 JUNE, 2022 :*
*NIL*
*ADDITION : NIL*
*DELETION : NIL*
*๐นINSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 03-JUN-22 : (Rs. CRS )*
*FIIS : SELL -3,770 (5,805-9,575)* ๐ข
*DIIS : BUY +2,360 (6,890-4,530)* ๐
*BSE SENSEX : -49 (55,769)๐ฝ*
*NSE NIFTY : -43 (16,584)๐ฝ*
*BSE MIDCAP. : -336 (22,775)*๐ฝ
*BSE SMLCAP. : -311 (26,384)*๐ฝ
*B. CRUDE : $ 117.20 (5pm)* ๐ผ ๐ญ๐ญ
*GOLD: $1866=INR 52450(10gr)(5pm)*๐ผ๐
*SILVER :* *RS. 62,700 (kg) (5pm) ๐ผ ๐*
*FOREX : RS. : $ 77.6225* ๐ฝ ๐
*6.54% GOI '32 : 7.4570% (93.7750)* ๐ผ ๐
*5.74% GOI '26 : 7.2194% (94.4575)* ๐ผ ๐
*6.67% GOI '35 : 7.6256% (92.02)* ๐ผ ๐
SEBI revokes securities market ban on Poonawalla Finance's MD Abhay Bhutada in insider trading case
https://www.moneycontrol.com/news/business/markets/sebi-revokes-securities-market-ban-on-poonawalla-finances-md-abhay-bhutada-in-insider-trading-case-8639071.html
https://www.moneycontrol.com/news/business/markets/sebi-revokes-securities-market-ban-on-poonawalla-finances-md-abhay-bhutada-in-insider-trading-case-8639071.html
Moneycontrol
SEBI revokes securities market ban on Poonawalla Finance's MD Abhay Bhutada in insider trading case
The regulator, in September 2021, passed an interim order whereby it restrained entities, including Abhay Bhutada, from buying, selling or dealing in securities, either directly or indirectly, in any manner whatsoever, until further orders.
FIIs DIIs
If I am an FII,
I have lots of cash holding of stocks...
Now I can do multiple things with it,
In a bullish market-
1)Keep holding it and hedge them with Index put options...
2) Sell out of the money call options and if it goes in risk, exit the holding and pay MTM off...
In bearish Market-
1) Keep selling in futures, so that the value decline in cash holdings is offset...
2) sell in futures and dump the stocks even more and square off at even a lower level, and then again buy stocks...
In a sideways market-
1) buy puts, to protect downside...
2) sell futures offset with cash holdings
3) buy call options to earn any upside...
Current scenario is of sideways market... And the data sheet data gets circulated regarding pro fii dii positions, doesnt include their holdings in cash, that's why most of the reading of people is not correct...
Hope now you will be able to understand that data better...
FIIs are hedged on 2 legs and take profit on only one leg
If I am a DII-
Whether I am mutual fund, lic, bank, nbfc, pension fund,
I am not allowed to take any naked position in derivatives...
And cash buying and selling will only depend on my investment policy and money inflow or outflow from public on a given day...
If I am a Pro-
I am liquidity provider of the system and I have my Algo and HFT(High frequency trading) systems in place, most of the orders in the system is because of me but not all trades belong to me...
And I dont create wall like FIIs or DIIs,
I play the frequency and momentum through my algo systems
If I am client-
If I am an HNI, I play futures and hedge it with options and use my holdings as margin to the broker...
My cash is parked in debt funds or FDs, at times my FDs are also given to broker as margin...
If I am retail client-
I want to become rich as soon as possible, realising that stock market is solution of every problem... But then I am introduced to tipsters and people selling Holy Grail...
And then I either loose some money or earn some money... But what makes me different from all the other players is, I have a burden of emotion, which is my biggest enemy...
And whether I am a Investor or trader, I always forget logical thinking and rely on emotions...
Thats why I sell stock when it is going up and I buy them when they have already formed top...
In trading I take a position and then think whether its right or wrong...
Not realising that stoploss is not there and I loose money for my next 4 trades by not putting stoplosses.
ISSUED IN PUBLIC INTEREST...
If I am an FII,
I have lots of cash holding of stocks...
Now I can do multiple things with it,
In a bullish market-
1)Keep holding it and hedge them with Index put options...
2) Sell out of the money call options and if it goes in risk, exit the holding and pay MTM off...
In bearish Market-
1) Keep selling in futures, so that the value decline in cash holdings is offset...
2) sell in futures and dump the stocks even more and square off at even a lower level, and then again buy stocks...
In a sideways market-
1) buy puts, to protect downside...
2) sell futures offset with cash holdings
3) buy call options to earn any upside...
Current scenario is of sideways market... And the data sheet data gets circulated regarding pro fii dii positions, doesnt include their holdings in cash, that's why most of the reading of people is not correct...
Hope now you will be able to understand that data better...
FIIs are hedged on 2 legs and take profit on only one leg
If I am a DII-
Whether I am mutual fund, lic, bank, nbfc, pension fund,
I am not allowed to take any naked position in derivatives...
And cash buying and selling will only depend on my investment policy and money inflow or outflow from public on a given day...
If I am a Pro-
I am liquidity provider of the system and I have my Algo and HFT(High frequency trading) systems in place, most of the orders in the system is because of me but not all trades belong to me...
And I dont create wall like FIIs or DIIs,
I play the frequency and momentum through my algo systems
If I am client-
If I am an HNI, I play futures and hedge it with options and use my holdings as margin to the broker...
My cash is parked in debt funds or FDs, at times my FDs are also given to broker as margin...
If I am retail client-
I want to become rich as soon as possible, realising that stock market is solution of every problem... But then I am introduced to tipsters and people selling Holy Grail...
And then I either loose some money or earn some money... But what makes me different from all the other players is, I have a burden of emotion, which is my biggest enemy...
And whether I am a Investor or trader, I always forget logical thinking and rely on emotions...
Thats why I sell stock when it is going up and I buy them when they have already formed top...
In trading I take a position and then think whether its right or wrong...
Not realising that stoploss is not there and I loose money for my next 4 trades by not putting stoplosses.
ISSUED IN PUBLIC INTEREST...
๐1
Mkt. Updates :
SGX Nifty -101 pts (16500) from last trade 16601 ,
Nikkei -36 pts ,
Hangseng +200 pts ,
Now @6.52am .
Dow -348.58 pts ,Nsdq -304.16 pts, S&P
-68.28 pts , Bovespa -1290 pts , Ftse Clsd , Dax -25 pts , Cac -15 pts , Crude @ $120.48 brl (+1.61), Brent @ $121.51 brl (+1.79) , Gold @ 1855.30 (+5.10), Silver @ $21.95 (+0.04), Euro @ $1.0727, JPY @ $130.37, INR @ 77.595
US GOVT. 10-YEAR YIELD : 2.94%
Today's Corporate Action
6th June Ex Date
GALLISPAT
Amalgamation
APCOTEXIND
Final Dividend - Rs. - 3.0000
AUROPHARMA
Interim Dividend - Rs. - 4.5000
FAZE3Q
Interim Dividend - Rs. - 0.5000
INEOSSTYRO
Interim Dividend - Rs. - 105.0000
MMFL
Interim Dividend - Rs. - 6.0000
NINSYS
Bonus issue 1:2
RALLIS
Final Dividend - Rs. - 3.0000
VBL
Bonus issue 1:2
ZSATYASL
#AlliesFin
Right Issue of Equity Shares
Today's Key Results/Board Meetings, 06-Jun-22 :
ALPHA
Audited Results
APTPACK
Audited Results
ARIHANTINS
Audited Results
CHADPAP
Audited Results
CINEVISTA
Audited Results;Quarterly Results
GNA
General
GOODLUCK
Issue Of Warrants
HLEGLAS
Stock Split;General
INDAGIV
Audited Results;General
KRANTI
General
MPL
General
ROJL
Bonus issue;General
SBICARD
General
TRISHAKT
General
URJAGLOBA
Audited Results;General
VIRTUALG
Audited Results
WHITEORG
Right Issue of Equity Shares
ZDHJERK
General
*SEC. IN F&O BAN FOR, 06 JUNE, 2022 :*
*NIL*
*ADDITION : NIL*
*DELETION : NIL*
SGX Nifty -101 pts (16500) from last trade 16601 ,
Nikkei -36 pts ,
Hangseng +200 pts ,
Now @6.52am .
Dow -348.58 pts ,Nsdq -304.16 pts, S&P
-68.28 pts , Bovespa -1290 pts , Ftse Clsd , Dax -25 pts , Cac -15 pts , Crude @ $120.48 brl (+1.61), Brent @ $121.51 brl (+1.79) , Gold @ 1855.30 (+5.10), Silver @ $21.95 (+0.04), Euro @ $1.0727, JPY @ $130.37, INR @ 77.595
US GOVT. 10-YEAR YIELD : 2.94%
Today's Corporate Action
6th June Ex Date
GALLISPAT
Amalgamation
APCOTEXIND
Final Dividend - Rs. - 3.0000
AUROPHARMA
Interim Dividend - Rs. - 4.5000
FAZE3Q
Interim Dividend - Rs. - 0.5000
INEOSSTYRO
Interim Dividend - Rs. - 105.0000
MMFL
Interim Dividend - Rs. - 6.0000
NINSYS
Bonus issue 1:2
RALLIS
Final Dividend - Rs. - 3.0000
VBL
Bonus issue 1:2
ZSATYASL
#AlliesFin
Right Issue of Equity Shares
Today's Key Results/Board Meetings, 06-Jun-22 :
ALPHA
Audited Results
APTPACK
Audited Results
ARIHANTINS
Audited Results
CHADPAP
Audited Results
CINEVISTA
Audited Results;Quarterly Results
GNA
General
GOODLUCK
Issue Of Warrants
HLEGLAS
Stock Split;General
INDAGIV
Audited Results;General
KRANTI
General
MPL
General
ROJL
Bonus issue;General
SBICARD
General
TRISHAKT
General
URJAGLOBA
Audited Results;General
VIRTUALG
Audited Results
WHITEORG
Right Issue of Equity Shares
ZDHJERK
General
*SEC. IN F&O BAN FOR, 06 JUNE, 2022 :*
*NIL*
*ADDITION : NIL*
*DELETION : NIL*
Namaste !!
โข Indiaโs Efforts to Protect Environment Multi-Dimensional: Modi
o Meets 10% ethanol blending 5-months before deadline
o High ethanol blending in petrol saved INR410b Fx reserve
โข India Targets 138.28m Tons Coal Production from 58 Coal Blocks
o India sees operationalization of 58 coal blocks in FY23
โข India Reports Biggest Jump in Covid Cases in Three Months (1)
o Mumbai saw 231% surge in hospitalizations in May over April
โข India Seeks Kazakhstanโs Help to Convince OPEC+ to Produce More
โข Singapore Raises Concerns on Tataโs Acquisition of Air India
โข Indiaโs Wheat Export Ban Was Crucial for Food Security: Minister
โข India Coffee Crop to Increase on Early Rain, Mexico Stable: USDA
โข Indiaโs FX Reserves Rise $3.85b to $601.4b in Week to May 27
โข RBI Sold INR28.3B of Bonds in Sec. Market in Week to May 27
โข Fighting Child Marriage Is Key to Rebuilding Indiaโs Economy
โข SEBI Fines IIFL Dealer, Associate in Front-Running Case
โข India Stocks Post Weekly Gain; RBI Rate Action, Outlook in Focus
โข Global Funds Sell Net INR37.7B of India Stocks Friday: NSE
o Domestic funds buy net 23.6b rupees of stocks
โข Foreign Investors Sell Net INR5.71B of India Equities Thursday
โข Foreigners Buy Net INR73.7B of Indian Equity Derivatives Friday
โข Largest delegation of UK varsities, edu leaders to visit India: PTI
โข Sun Pharma to expand field force in India by 10% this fiscal: PTI
โข RBI Monetary Policy Committee meeting starts June 6; decision to be announced June 8
โข Adani Transmission (ADANIT): To Buy Essar Mahan-Sipat Project for $247M EV
โข Gayatri Projects (GAYP): Defaults on principal, interest payment on loan
โข Ind-Swift (INSW): Launches Cardio, Diabetic, Antibiotic Drugs in Quatar
โข Lupin (LPC): Avion, Balchem Unit Sue Lupin to Block Birth-Control Pill Copies
โข Man Infraconstruction (MINF): In Jv. pact to develope Florida Luxury Condominium
โข NTPC (NTPC): NTPC, Mecon Accord for Consultancy, Project Management Services
โข Poonawalla Fincorp (POONAWAL): SEBI revokes orders against Poonawalla Fincorp MD Abhay Bhutada
โข Punjab & Sind Bank (PJSB): RBI imposes INR2.75m monetary penalty on PJSB
โข Reliance Infrastructure (RELI): Approves raising up to $500m via private placement of foreign currency bonds
โข Tata Power (TPWR): Tata Power Launches Smart Home Automation Energy Solutions
โข Indiaโs Efforts to Protect Environment Multi-Dimensional: Modi
o Meets 10% ethanol blending 5-months before deadline
o High ethanol blending in petrol saved INR410b Fx reserve
โข India Targets 138.28m Tons Coal Production from 58 Coal Blocks
o India sees operationalization of 58 coal blocks in FY23
โข India Reports Biggest Jump in Covid Cases in Three Months (1)
o Mumbai saw 231% surge in hospitalizations in May over April
โข India Seeks Kazakhstanโs Help to Convince OPEC+ to Produce More
โข Singapore Raises Concerns on Tataโs Acquisition of Air India
โข Indiaโs Wheat Export Ban Was Crucial for Food Security: Minister
โข India Coffee Crop to Increase on Early Rain, Mexico Stable: USDA
โข Indiaโs FX Reserves Rise $3.85b to $601.4b in Week to May 27
โข RBI Sold INR28.3B of Bonds in Sec. Market in Week to May 27
โข Fighting Child Marriage Is Key to Rebuilding Indiaโs Economy
โข SEBI Fines IIFL Dealer, Associate in Front-Running Case
โข India Stocks Post Weekly Gain; RBI Rate Action, Outlook in Focus
โข Global Funds Sell Net INR37.7B of India Stocks Friday: NSE
o Domestic funds buy net 23.6b rupees of stocks
โข Foreign Investors Sell Net INR5.71B of India Equities Thursday
โข Foreigners Buy Net INR73.7B of Indian Equity Derivatives Friday
โข Largest delegation of UK varsities, edu leaders to visit India: PTI
โข Sun Pharma to expand field force in India by 10% this fiscal: PTI
โข RBI Monetary Policy Committee meeting starts June 6; decision to be announced June 8
โข Adani Transmission (ADANIT): To Buy Essar Mahan-Sipat Project for $247M EV
โข Gayatri Projects (GAYP): Defaults on principal, interest payment on loan
โข Ind-Swift (INSW): Launches Cardio, Diabetic, Antibiotic Drugs in Quatar
โข Lupin (LPC): Avion, Balchem Unit Sue Lupin to Block Birth-Control Pill Copies
โข Man Infraconstruction (MINF): In Jv. pact to develope Florida Luxury Condominium
โข NTPC (NTPC): NTPC, Mecon Accord for Consultancy, Project Management Services
โข Poonawalla Fincorp (POONAWAL): SEBI revokes orders against Poonawalla Fincorp MD Abhay Bhutada
โข Punjab & Sind Bank (PJSB): RBI imposes INR2.75m monetary penalty on PJSB
โข Reliance Infrastructure (RELI): Approves raising up to $500m via private placement of foreign currency bonds
โข Tata Power (TPWR): Tata Power Launches Smart Home Automation Energy Solutions
*๐นINSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 06-06-2022 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -1092* ๐ข
*INDEX FUT. : -417*
*INDEX OPT. : -2869*
*STOCK FUT. : +2273*
*STOCK OPT. : -78*
*๐นSEC. IN F&O BAN FOR, 07 JUNE, 2022 :*
*NIL*
*ADDITION : NIL*
*DELETION : NIL*
*๐นINSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 06-JUN-22 : (Rs. CRS )*
*FIIS : SELL -2,398 (4,546-6,944)* ๐ข
*DIIS : BUY +1,940 (5,593-3,653)* ๐
*BSE SENSEX : -94 (55,675)๐ฝ*
*NSE NIFTY : -15 (16,569)๐ฝ*
*BSE MIDCAP. : -35 (22,740)*๐ฝ
*BSE SMLCAP. : -144 (26,240)*๐ฝ
*B. CRUDE : $ 120.39 (5pm)* ๐ผ ๐ญ
*GOLD: $1854=INR 52120(10gr)(5pm)*๐ฝ๐
*SILVER :* *RS. 62,700 (kg) (5pm) โ๏ธ ๐ณ*
*FOREX : RS. : $ 77.63* โ๏ธ ๐ณ
*6.54% GOI '32 : 7.4996% (93.50)* ๐ผ ๐ฉ
*5.74% GOI '26 : 7.2658% (94.2925)* ๐ผ ๐
*6.67% GOI '35 : 7.6629% (91.7275)* ๐ผ ๐ฉ
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -1092* ๐ข
*INDEX FUT. : -417*
*INDEX OPT. : -2869*
*STOCK FUT. : +2273*
*STOCK OPT. : -78*
*๐นSEC. IN F&O BAN FOR, 07 JUNE, 2022 :*
*NIL*
*ADDITION : NIL*
*DELETION : NIL*
*๐นINSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 06-JUN-22 : (Rs. CRS )*
*FIIS : SELL -2,398 (4,546-6,944)* ๐ข
*DIIS : BUY +1,940 (5,593-3,653)* ๐
*BSE SENSEX : -94 (55,675)๐ฝ*
*NSE NIFTY : -15 (16,569)๐ฝ*
*BSE MIDCAP. : -35 (22,740)*๐ฝ
*BSE SMLCAP. : -144 (26,240)*๐ฝ
*B. CRUDE : $ 120.39 (5pm)* ๐ผ ๐ญ
*GOLD: $1854=INR 52120(10gr)(5pm)*๐ฝ๐
*SILVER :* *RS. 62,700 (kg) (5pm) โ๏ธ ๐ณ*
*FOREX : RS. : $ 77.63* โ๏ธ ๐ณ
*6.54% GOI '32 : 7.4996% (93.50)* ๐ผ ๐ฉ
*5.74% GOI '26 : 7.2658% (94.2925)* ๐ผ ๐
*6.67% GOI '35 : 7.6629% (91.7275)* ๐ผ ๐ฉ
*SGX Nifty -125 pts (16458) from last trade 16583 ,*
Nikkei +121 pts ,
Hangseng -76 pts ,
Now @6.52am .
Dow +16.08 pts ,Nsdq +48.64 pts, S&P
+12.89 pts , Bovespa -916 pts , Ftse +75 pts , Dax +193 pts , Cac +63 pts , Crude @ $118.78 brl (+0.27), Brent @ $119.72 brl (-0.46) , Gold @ 1840.20 (-3.50), Silver @ $22.04 (-0.05), Euro @ $1.068, JPY @ $132.28, INR @ 77.775
*Today's Corporate Action*
*7th June Ex Date*
AARCOM
Amalgamation
GICRE
Interim Dividend - Rs. - 2.2500
PGIL
Interim Dividend - Rs. - 5.0000
*Today's Key Results/Board Meetings*
*7-Jun-22*
ACROW
General
ALANKIT
A.G.M.;Final Dividend;General
BRFL
Audited Results
CINELINE
Issue Of Warrants;Preferential Issue of shares
DEVIT
Stock Split
GENESYS
Audited Results
MACH
Audited Results;Half Yearly Results;General
POLOHOT
Audited Results
SOUTHBANK
General
*Stock under F&O ban on NSE*
*7-Jun-22*
None
Nikkei +121 pts ,
Hangseng -76 pts ,
Now @6.52am .
Dow +16.08 pts ,Nsdq +48.64 pts, S&P
+12.89 pts , Bovespa -916 pts , Ftse +75 pts , Dax +193 pts , Cac +63 pts , Crude @ $118.78 brl (+0.27), Brent @ $119.72 brl (-0.46) , Gold @ 1840.20 (-3.50), Silver @ $22.04 (-0.05), Euro @ $1.068, JPY @ $132.28, INR @ 77.775
*Today's Corporate Action*
*7th June Ex Date*
AARCOM
Amalgamation
GICRE
Interim Dividend - Rs. - 2.2500
PGIL
Interim Dividend - Rs. - 5.0000
*Today's Key Results/Board Meetings*
*7-Jun-22*
ACROW
General
ALANKIT
A.G.M.;Final Dividend;General
BRFL
Audited Results
CINELINE
Issue Of Warrants;Preferential Issue of shares
DEVIT
Stock Split
GENESYS
Audited Results
MACH
Audited Results;Half Yearly Results;General
POLOHOT
Audited Results
SOUTHBANK
General
*Stock under F&O ban on NSE*
*7-Jun-22*
None
๐1
*Business News Headlines*
*Economic Times*
ร NMDC shareholders, creditors to discuss Nagarnar Steel Plant demerger on Tuesday
ร Swan Energy to commission first floating LNG unit
ร Tata Motors signs agreement with Blusmart electric mobility for delivering 10,000 Xpres T EVs
ร Sebi rejigs mutual fund advisory committee
ร RBI had questions about home loan agreement between HDFC and HDFC Bank
ร Watsa plans to invest $7 billion more
ร Export levy, domestic surfeit can dent bottom lines of steelmakers
ร Oil jumps after Saudi Arabia hikes crude prices
ร SBI Card to raise Rs 2,500 cr via NCDs
ร Canara Bank, Karur Vysya raise lending rates
ร Some transactions could be excluded from crypto tax
ร Govt, regulator in talks to ease norms for new insurers to diversify industry
*Business Standard*
ร Musk says he may drop Twitter deal if data on fake accounts not provided
ร Promoters' loans, rising earnings help Adani cos to slash interest costs
ร India in talks to increase Russian oil imports from Rosneft: Report
ร Margin gains for oil refiners amid Ukraine war-led energy price spike
ร Freight rates in May fall but transporters defer fleet expansion plans
ร Efforts on to introduce ethanol in agri, construction equipment: Gadkari
ร Pvt refiners profit from cheap Russian crude, state refiners suffer
ร Govt won't impose countervailing duty on few Malaysian aluminium imports
ร Reserve Bank of India penalises Punjab & Sind Bank over non-compliance
ร CPSEs to execute sale of units having Cabinet nod for privatisation: DIPAM
*Financial Express*
ร First set of NPAs likely to be transferred to bad bank next month, says FinMin
ร In a historic first, weavers import cotton yarn
ร Tamilnad Mercantile Bank gets Sebiโs nod to float IPO
ร India in talks to increase Russian oil imports from Rosneft
ร JSW Steel to expand capacity to 36 mtpa, invest Rs 20,000 crore
ร Individual settles case with Sebi in Religare
ร LICโs gains from equity investments improve 16.6%
ร Amazon to pull Kindle out of China, other businesses to remain
ร Cipla adds capacity of a captive renewable energy power plants in Maharashtra and Karnataka
ร Reserve Bank of India comes out with provisioning norms for large NBFCs
ร Marico plans to strengthen focus on health food portfolio
*Economic Times*
ร NMDC shareholders, creditors to discuss Nagarnar Steel Plant demerger on Tuesday
ร Swan Energy to commission first floating LNG unit
ร Tata Motors signs agreement with Blusmart electric mobility for delivering 10,000 Xpres T EVs
ร Sebi rejigs mutual fund advisory committee
ร RBI had questions about home loan agreement between HDFC and HDFC Bank
ร Watsa plans to invest $7 billion more
ร Export levy, domestic surfeit can dent bottom lines of steelmakers
ร Oil jumps after Saudi Arabia hikes crude prices
ร SBI Card to raise Rs 2,500 cr via NCDs
ร Canara Bank, Karur Vysya raise lending rates
ร Some transactions could be excluded from crypto tax
ร Govt, regulator in talks to ease norms for new insurers to diversify industry
*Business Standard*
ร Musk says he may drop Twitter deal if data on fake accounts not provided
ร Promoters' loans, rising earnings help Adani cos to slash interest costs
ร India in talks to increase Russian oil imports from Rosneft: Report
ร Margin gains for oil refiners amid Ukraine war-led energy price spike
ร Freight rates in May fall but transporters defer fleet expansion plans
ร Efforts on to introduce ethanol in agri, construction equipment: Gadkari
ร Pvt refiners profit from cheap Russian crude, state refiners suffer
ร Govt won't impose countervailing duty on few Malaysian aluminium imports
ร Reserve Bank of India penalises Punjab & Sind Bank over non-compliance
ร CPSEs to execute sale of units having Cabinet nod for privatisation: DIPAM
*Financial Express*
ร First set of NPAs likely to be transferred to bad bank next month, says FinMin
ร In a historic first, weavers import cotton yarn
ร Tamilnad Mercantile Bank gets Sebiโs nod to float IPO
ร India in talks to increase Russian oil imports from Rosneft
ร JSW Steel to expand capacity to 36 mtpa, invest Rs 20,000 crore
ร Individual settles case with Sebi in Religare
ร LICโs gains from equity investments improve 16.6%
ร Amazon to pull Kindle out of China, other businesses to remain
ร Cipla adds capacity of a captive renewable energy power plants in Maharashtra and Karnataka
ร Reserve Bank of India comes out with provisioning norms for large NBFCs
ร Marico plans to strengthen focus on health food portfolio
Some F&O Quotes, Prices are not updated, Tech issues, NSE Exchanges could resolve soon, avoid multiple order entries. #nse #alliesfin #quotes #prices #data
Stocks may continue to trade with volatile bias ahead of crucial RBI policy. Participants may wait for the outcome from both FED and RBI. #ALLiESFiN
Also be mindful of rising US yeilds and crude prices before making any major commitments on either side. Continue to hold protection against long positions till end of central banks' meetings for sudden reversal, if any, on aggressive move by Central banks.
Also be mindful of rising US yeilds and crude prices before making any major commitments on either side. Continue to hold protection against long positions till end of central banks' meetings for sudden reversal, if any, on aggressive move by Central banks.
*Corporate Actions*
HLE Glascoat has approved sub-division of existing one equity share of face value Rs 10 each, into fully paid up into five equity shares of Rs 2 each, and also fund raising up to Rs 350 crore.
Ex-Date: 07-Jun -2022
GICRE: Interim Dividend - Rs. - 2.25
PGIL: Interim Dividend - Rs. - 5.00
Ex-Date: 08-Jun -2022
KANSAINER: Final Dividend - Rs. - 1.00
Ex-Date: 09-Jun -2022
HDFCAMC: Dividend - Rs. - 42.00
WELCORP: Dividend - Rs. - 5.00
IMPAL: Interim Dividend - Rs. - 13.00
ASIANTILES: Final Dividend - Rs. - 0.70
SMCGLOBAL*: Final Dividend - Rs. - 1.20
PFC: Final Dividend - Rs. - 1.25
TATACONSUM: Final Dividend - Rs. - 6.05
ELECON: Final Dividend - Rs. - 1.40
QUESS: Interim Dividend - Rs. - 4.00
VOLTAS: Final Dividend - Rs. - 5.50
ASIANPAINT: Final Dividend - Rs. - 15.50
TRANSCOR: Dividend - Rs. - 0.10
SILVERTUC: Interim Dividend - Rs. - 0.50
CRAFTSMAN: Dividend - Rs. - 3.75
Ex-Date: 10-Jun -2022
LKPFIN: Final Dividend - Rs. - 3.00
SHREDIGCEM: Final Dividend - Rs. - 2.00
TATACOMM: Final Dividend - Rs. - 20.70
LKPSEC: Final Dividend - Rs. - 0.30
SAGARSOFT: Dividend - Rs. - 3.00
CEATLTD: Final Dividend - Rs. - 3.00
Ex-Date: 13-Jun -2022
CERA: Final Dividend - Rs. - 35.00
RAJGLOWIR: Final Dividend - Rs. - 2.00
IPO
--
Buyback
Avonmore Capital: Ex-Date: 14-Jun-22
GAIL India: Open: Open: 25-May-22; Close: 07-Jun-22
Sarda Energy: Open: 02-Jun-22; Close: 15-Jun-22
AKC Steel Industries: Open: 02-Jun-22; Close: 15-Jun-22
IndiaMART InterMESH: Open: 02-Jun-22; Close: 15-Jun-22
Sinclairs Hotels: Open: 03-Jun-22; Close: 16-Jun-22
Bonus
AU Small Fin Bank: Bonus Issue 1:1; Ex-Date: 09-Jun-22
SKP Securities: Bonus Issue 1:1; Ex-Date: 16-Jun-22
Cosmo Films: Bonus Issue 1:2; Ex-Date: 16-Jun-22
Avantel Ltd.: Bonus Issue 3:1; Ex-Date: 17-Jun-22
Indian Oil Corp: Bonus Issue 1:2; Ex-Date: 30-Jun-22
Ratnamani Metals: Bonus Issue 1:2; Ex-Date: 30-Jun-22
Xpro India: Bonus Issue 1:2; Ex-Date: 01-Jul-22
Minda Industries: Bonus Issue 1:1; Ex-Date: 07-Jul-22
GMM Pfaudler: Bonus Issue 2:1; Ex-Date: 11-Jul-22
Stock Split
GG Engineering: Stock Split From Rs. 2/- to Rs. 1/-; Ex-Date: 08-Jun-22
Sadhna Broadcast: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 12-Jun-22
Darshan Orna: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 13-Jun-22
Ajanta Soya: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 16-Jun-22
Ashnisha Industries: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 23-Jun-22
Right Issue
Dynemic Products: Open: 25-May-22; Close: 08-Jun-22
Amalgamation
Mukand Engineers: Ex-Date: 09-Jun-22
HLE Glascoat has approved sub-division of existing one equity share of face value Rs 10 each, into fully paid up into five equity shares of Rs 2 each, and also fund raising up to Rs 350 crore.
Ex-Date: 07-Jun -2022
GICRE: Interim Dividend - Rs. - 2.25
PGIL: Interim Dividend - Rs. - 5.00
Ex-Date: 08-Jun -2022
KANSAINER: Final Dividend - Rs. - 1.00
Ex-Date: 09-Jun -2022
HDFCAMC: Dividend - Rs. - 42.00
WELCORP: Dividend - Rs. - 5.00
IMPAL: Interim Dividend - Rs. - 13.00
ASIANTILES: Final Dividend - Rs. - 0.70
SMCGLOBAL*: Final Dividend - Rs. - 1.20
PFC: Final Dividend - Rs. - 1.25
TATACONSUM: Final Dividend - Rs. - 6.05
ELECON: Final Dividend - Rs. - 1.40
QUESS: Interim Dividend - Rs. - 4.00
VOLTAS: Final Dividend - Rs. - 5.50
ASIANPAINT: Final Dividend - Rs. - 15.50
TRANSCOR: Dividend - Rs. - 0.10
SILVERTUC: Interim Dividend - Rs. - 0.50
CRAFTSMAN: Dividend - Rs. - 3.75
Ex-Date: 10-Jun -2022
LKPFIN: Final Dividend - Rs. - 3.00
SHREDIGCEM: Final Dividend - Rs. - 2.00
TATACOMM: Final Dividend - Rs. - 20.70
LKPSEC: Final Dividend - Rs. - 0.30
SAGARSOFT: Dividend - Rs. - 3.00
CEATLTD: Final Dividend - Rs. - 3.00
Ex-Date: 13-Jun -2022
CERA: Final Dividend - Rs. - 35.00
RAJGLOWIR: Final Dividend - Rs. - 2.00
IPO
--
Buyback
Avonmore Capital: Ex-Date: 14-Jun-22
GAIL India: Open: Open: 25-May-22; Close: 07-Jun-22
Sarda Energy: Open: 02-Jun-22; Close: 15-Jun-22
AKC Steel Industries: Open: 02-Jun-22; Close: 15-Jun-22
IndiaMART InterMESH: Open: 02-Jun-22; Close: 15-Jun-22
Sinclairs Hotels: Open: 03-Jun-22; Close: 16-Jun-22
Bonus
AU Small Fin Bank: Bonus Issue 1:1; Ex-Date: 09-Jun-22
SKP Securities: Bonus Issue 1:1; Ex-Date: 16-Jun-22
Cosmo Films: Bonus Issue 1:2; Ex-Date: 16-Jun-22
Avantel Ltd.: Bonus Issue 3:1; Ex-Date: 17-Jun-22
Indian Oil Corp: Bonus Issue 1:2; Ex-Date: 30-Jun-22
Ratnamani Metals: Bonus Issue 1:2; Ex-Date: 30-Jun-22
Xpro India: Bonus Issue 1:2; Ex-Date: 01-Jul-22
Minda Industries: Bonus Issue 1:1; Ex-Date: 07-Jul-22
GMM Pfaudler: Bonus Issue 2:1; Ex-Date: 11-Jul-22
Stock Split
GG Engineering: Stock Split From Rs. 2/- to Rs. 1/-; Ex-Date: 08-Jun-22
Sadhna Broadcast: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 12-Jun-22
Darshan Orna: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 13-Jun-22
Ajanta Soya: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 16-Jun-22
Ashnisha Industries: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 23-Jun-22
Right Issue
Dynemic Products: Open: 25-May-22; Close: 08-Jun-22
Amalgamation
Mukand Engineers: Ex-Date: 09-Jun-22
๐1
Think like a Farmer when you invest in equity
Telegram.me/AlliesFin
1. Donโt shout at the Crops
2. Donโt blame the crop for not growing fast enough
3. Donโt uproot before they have had a chance to grow
4. Choose the best plant for the soil
5. Irrigate and fertilise
6. Remove weeds
7. Remember you will have Good seasons and Bad seasons - You cannot control the weather only be prepared for it.
If we observe nature we learn a lot from it.
Jai Hind
๐ค
Telegram.me/AlliesFin
1. Donโt shout at the Crops
2. Donโt blame the crop for not growing fast enough
3. Donโt uproot before they have had a chance to grow
4. Choose the best plant for the soil
5. Irrigate and fertilise
6. Remove weeds
7. Remember you will have Good seasons and Bad seasons - You cannot control the weather only be prepared for it.
If we observe nature we learn a lot from it.
Jai Hind
๐ค
*๐นINSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 07-06-2022 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -4675* ๐ญ
*INDEX FUT. : -2407*
*INDEX OPT. : -694*
*STOCK FUT. : -1565*
*STOCK OPT. : -09*
*๐นINSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 07-JUN-22 : (Rs. CRS )*
*FIIS : SELL -2,294 (5,637-7,931)* ๐ข
*DIIS : BUY +1,311 (5,062-3,751)* ๐
*BSE SENSEX : -568 (55,107)๐ฝ*
*NSE NIFTY : -153 (16,416)๐ฝ*
*BSE MIDCAP. : -175 (22,564)*๐ฝ
*BSE SMLCAP. : -175 (26,065)*๐ฝ
*B. CRUDE : $ 119.08 (5pm)* ๐ฝ ๐
*GOLD: $1850=INR 52120(10gr)(5pm)*โ๏ธ๐ณ
*SILVER :* *RS. 62,300 (kg) (5pm) ๐ฝ ๐*
*FOREX : RS. : $ 77.71* ๐ฝ ๐
*6.54% GOI '32 : 7.5184% (93.38)* ๐ผ ๐
*5.74% GOI '26 : 7.2673% (94.29)* โ๏ธ ๐ณ
*6.67% GOI '35 : 7.6767% (91.62)* ๐ผ ๐
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -4675* ๐ญ
*INDEX FUT. : -2407*
*INDEX OPT. : -694*
*STOCK FUT. : -1565*
*STOCK OPT. : -09*
*๐นINSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 07-JUN-22 : (Rs. CRS )*
*FIIS : SELL -2,294 (5,637-7,931)* ๐ข
*DIIS : BUY +1,311 (5,062-3,751)* ๐
*BSE SENSEX : -568 (55,107)๐ฝ*
*NSE NIFTY : -153 (16,416)๐ฝ*
*BSE MIDCAP. : -175 (22,564)*๐ฝ
*BSE SMLCAP. : -175 (26,065)*๐ฝ
*B. CRUDE : $ 119.08 (5pm)* ๐ฝ ๐
*GOLD: $1850=INR 52120(10gr)(5pm)*โ๏ธ๐ณ
*SILVER :* *RS. 62,300 (kg) (5pm) ๐ฝ ๐*
*FOREX : RS. : $ 77.71* ๐ฝ ๐
*6.54% GOI '32 : 7.5184% (93.38)* ๐ผ ๐
*5.74% GOI '26 : 7.2673% (94.29)* โ๏ธ ๐ณ
*6.67% GOI '35 : 7.6767% (91.62)* ๐ผ ๐