*Mkt. Updates :*

*SGX Nifty -25 pts (18597) from last trade 18622 ,*

Nikkei +217 pts ,
Hangseng -44 pts ,
Now @6.55am .

Dow -134.51 pts ,Nsdq -82.14 pts, S&P -25.69 pts , Bovespa -631 pts , Ftse -75 pts , Dax -244 pts , Cac -111 pts , Crude @ $67.69 brl (-0.40), Brent @ $72.66 brl (+0.00) , Gold @ 1984.20 (+2.10), Silver @ $23.66 (+0.07), Euro @ $1.0691, JPY @ $139.12, INR @ 82.665


*US GOVT. 10-YR YIELD : 3.64%*


*Today's Corporate Action, 01 June Ex Date :*

APTECHT
Interim Dividend - Rs. - 6.0000
SHREECEM
Interim Dividend - Rs. - 55.0000
SIL
Interim Dividend - Rs. - 0.8000
TRIDENT
Interim Dividend - Rs. - 0.3600


*Today's Board Meetings, 01-Jun-23 :*

HOCL
General    
WEWIN
General


*SEC. IN F&O BAN FOR, 01 JUN, 2023 :*

*NIL*

*ADDITION : NIL*
*DELETION : NIL*

🚨 #Indians did 9.41 #billion #UPI transactions worth 14.30 lakh crore (~$175 billion) in May, 2023. #Highest ever ! #alliesfin

*Instl. Investors EQUITY Cash Trades PROV. - 01/06/2023 : Rs. CRS. :*

*FIIS : SELL -71 (8,751-8,822)*

*DIIS : BUY +489 (5,715-5,226)*

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 01-06-2023 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET BUY : +11513* 😀 😄

*INDEX FUT. : -2026*

*INDEX OPT. : +15795*

*STOCK FUT. : -2113*

*STOCK OPT. : -140*

*SEC. IN F&O BAN FOR, 02 JUN, 2023 :*

*1. NIL*

*ADDITION : NIL*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 01-JUN-2023 :*

*FIIS : SELL -71 (8,751-8,822)* 😔

*DIIS : BUY +489 (5,715-5,226)* 🙂

*BSE SENSEX : -194 (62,428)🔽*

*NSE NIFTY : -47 (18,487)*🔽

*BSE MIDCAP. : +30 (27,130)*🔼

*BSE SMLCAP. : +187 (30,711)*🔼

*B. CRUDE : $ 72.51* 🔽 🙂

*GOLD: $1975=INR 60,500(10gr)* 🔼 🙂

*SILVER : RS. 73,150 (kg) (5pm)* 🔽 😭

*FOREX : RS. $ 82.41* 🔼 😊

*7.26% GOI '33: 6.9824%(101.9150)*🔽🙂

*7.26% GOI '32 : 7.0213%(101.5850)* 🔽🙂

*7.41% GOI '36 : 7.0759% (102.8750)*↔️😳

*🌹India Daybook – Stocks in News*

*AstraZeneca:* The Company gets CDSCO nod in Form CT20 to import for sale and distribution of Tremelimumab (Imjudo) Concentrate in IndiaPositive)

*AB Capital:* The Company to issue shares worth Rs 1,250 crore to promoters (Positive)

*MTAR Technologies:* The company Societe Generale has acquired 4.16 lakh equity shares or 1.35 percent stake (Positive)

*Maruti Suzuki:* The company announced production of 1.8 lakh vehicles in May 2023, increasing 9.3 percent (Positive)

*NHPC:* The company has entered into a MoU with Vidhyut Utpadan Company (VUCL), Nepal for joint development of the Phukot Karnali HE Project (Positive)

*Eicher Motors:* The company announced the sale of 77,461 units of Royal Enfield in May 2023, increasing 22 percent over 63,643 units (Positive)

*Paras Defence:* The company has entered into a joint venture agreement with Israel-based CONTROP Precision Technologies (Positive)

*Aster DM:* The company entered into a hospital operation and management agreement with Padmavathy Medical Foundation (Positive)

*Can Fin Homes:* Deputy MD Amitabh Chatterjee resigns (Neutral)

*TVS Motor:* Total auto sales at 3.30 lk units vs Nomura estimate of 3.24 lakh units (Neutral)

*Coal India:* The offer for sale issue by the country's largest coal mining company has been subscribed 3.457 times the base size (Neutral)

*Adani Enterprises:* NSE, BSE remove Adani Enterprises from the short-term ASM framework (Neutral)

*Adani Enterprises:* Adani Road Transport Limited terminates share purchase agreement with Swarna Tollway Private Limited (Neutral)

*Bank of Maharashtra:* Launches QIP Fixes floor price at Rs 29.98 per share (Neutral)

*Hero Motocorp:* Total sales at 5.19 lakh units Vs Nomura estimate of 5.2 lakh units (YoY). (Neutral)

*Indusind Bank:* The shares of company will go ex-dividend Rs 14.0/Sh. (Neutral)

*Infosys:* The shares of company will go ex-dividend Rs 17.5/Sh. (Neutral)

*Ceinsys Tech:* Zodius Technology Fund sold 1.5 lakh shares or 0.97 percent stake in the company

*Info Edge:* Company’s arm AIPL’s loan of ₹280 crore to a broker network company, 4B Networks, is fully impaired & AIPL to initiate forensic audit into affairs of 4B Networks

*Business News Headlines*

*Economic Times*
Ø GST kitty swells, factory activity hits 31 month high
Ø Major players looking at India as next chip making destinations
Ø Two-wheeler, PV sales roar on rural demand
Ø Asia’s factories signal more
pain as China recovery falters
Ø BPCL in talks with Sulzer to make aviation fuel from used cooking oil
Ø Air of cautious positivity around new-age stocks
Ø GST mop-up rises 12% to ₹1.57 trillion

*Business Standard*

Ø May data paints healthy picture
of the economy
Ø Buyers of PSU shares exempt from gift tax
Ø TVs to cost 10% more as open
cells get costlier
Ø FPI flows may trip on Sebi’s stricter disclosure rules
Ø Auto companies post record sales for May
Ø Govt in talks with Micron for semicon fab factory
Ø Adani scraps deal to buy Macquarie road projects

*Financial Express*
Ø Byjus lenders scrap $1.2 bn loan rejig talks
Ø IDBI bank buyers to get tax waiver on LIC stake
Ø Google’s shareholders seek assessment of plans to expand cloud regions in India
Ø House passes debt limit Bill in a bipartisan vote
Ø India, EU eye agreeable solution over ICT tariffs
Ø Manufacturing PMI hits 31-mth
high in May on strong demand
Ø Go First submit 6 month revival plan

*Mint*
Ø Embraer taps Tata, M&M for local mfg
Ø FPIs face scrutiny as custodians label Mauritius high risk
Ø Govt weighs 3-8% increase in MSP for kharif crops
Ø GST collections keep up with the
trend, rises 12% to ₹1.57 tn in May
Ø Fairfax’s Go Digit to start life
insurance business in 6 months
Ø Manufacturing PMI at 31-mth
high on restocking, rising biz
Ø Commercial LPG price cut by ₹83.5, jet fuel by 7% as crude oil prices dip

*Business Line*
Ø PVs, two­wheelers rev ahead
in May; CVs on slow lane still
Ø India’s garment­makers turn upbeat with global brands coming back after a lull   
Ø Foxconn to start making iPhones
in Karnataka by April 2024
Ø Petrol, diesel sales surge in May  driven by agri, summer demand 
Ø India may ship 75,000 tonnes of
broken rice to 3 African nations
Ø Wheat, rice stocks comfortable  to meet needs: Food Ministry 
Ø Delhi HC directs SpiceJet
to pay ₹380 crore to Maran     

WIPRO Buyback RECORD DATE Announced

Record Date for Eligibility : Friday, JUNE 16

Buyback Price : 445 ₹
Today's Closing Price : 405 ₹

Buyback Size ₹ : 12,000 Crore
Buyback Size in Share : 26,96,62,921 Shares

Retail Reservation : 4,04,49,439 Shares

SGX Nifty +90 pts (18723) from last trade 18633 ,


Nikkei +427 pts ,
Hangseng +65 pts ,
Around @ 6.52am .


Dow +701.19 pts ,Nsdq +139.78 pts, S&P +61.35 pts , Bovespa +1993 pts , Ftse +117 pts , Dax +197 pts , Cac +133 pts , Crude @ $73.50 brl (+1.76), Brent @ $77.94 brl (-0.09) , Gold @ 1964.30 (-5.30), Silver @ $23.65 (-0.09), Euro @ $1.0694, JPY @ $140.20, INR @ 82.405




Today's Corporate Action
5th June Ex Date



HARDWYN
Stock  Split From Rs.10/- to Rs.1/- -
HARDWYN
Bonus issue 1:3 -
SHYAMMETL
Interim Dividend - Rs. - 1.8000 -
SKMEGGPROD
Interim Dividend - Rs. - 2.000



Today's Board Meetings
05-Jun-23



ACFL
Audited Results
DHANCOT
General  
GENPHARMA
General  
INTENTECH
General;Dividend
SBICARD
General  
SEJAL
General
 





Stock under F&O ban on NSE
05-Jun-23



None

India Daybook – Stocks in News

Ramco Systems: Inaugurates office in Qatar to support digital transformation initiatives across the region (Positive)

BEML: India to soon proceed with financial bids for selling 26% in #BEML (Positive)

Zydus Life: US FDA issues nil observations to company’s animal health drug manufacturing facility at SEZ, Ahmedabad (Positive)

SBI Life: Company to absorb Sahara India Life Insurance (Positive)

Greaves Ind: Promoter bought 1 lakh shares in the company (Positive)

Mahindra Life spaces: OMRON Healthcare to start operations in Chennai in March 2025 (Positive)

Biocon: US FDA concluded inspection of Oral Solid Dosage formulations manufacturing facility at Bengaluru with no observations (Positive)

Lupin: Company launches Darunavir Tablets in the United States (Positive)

Crisil has upgraded the Bank's rating for Tier-II bonds amounting to Rs 5,000 crore. (Positive)

Wonderla: The Tamil Nadu government has granted a waiver of local body tax (LBT) of 10 percent to its Chennai project for 10 years (Positive)

Tata Chemicals: The company has signed a MoU with the Government of Gujarat to set up a 20 GW capacity lithium-ion cell manufacturing giga factory (Positive)

NTPC: IOC to source power from JV with the company (Positive)

Hero MotoCorp: Company hikes e-scooter price by Rs 6000 (Positive)

Bharat Forge/RK Forge: May North America Class 8 truck orders are up 10% YoY & 29% MoM at 15,500 units (Positive)

Brigade: Company to launch 10 housing projects in FY24 (Positive)

IOB: Reserve Bank of India imposes Rs 2.20 cr monetary penalty on Indian Overseas Bank (Neutral)

Minda Corp: Board approves raising upto Rs 600 cr via securities (Neutral)

PIIND: Company acquired 100% shareholding of Therachem Research Medilab (India) Private Limited (Neutral)

Godrej Prop: Company has increased its stake in equity share capital of Godrej Home Constructions Limited (Neutral)

Tata Chem: CRISIL has reaffirmed its credit rating of CRISIL A1+ issued by it for Company’s Commercial Paper (Neutral)

Hero Motocorp: Company launched a new range of its 100cc motorcycle – the HF Deluxe (Neutral)

Tech Mahindra: Company’s step down subsidiary has agreed to sell 0.04% and 99.96 % shareholding in Comviva Technologies do Brasil. (Neutral)

Wipro: The company has fixed June 16, 2023 as the record date for determining the eligiblity for the buyback offer (Neutral)

Dynamic Cables: RISIL has reaffirmed the credit ratings assigned to the Bank facilities of the Company (Neutral)

Muthoot Capital: The Board of Muthoot Capital will consider a fundraising proposal through issuance of NCDs on June 7 (Neutral)

HIL: Company has declared lockout of its Chennai plant

Jtekt India: Malabar India Fund sold 22.05 lakh equity shares, or a 0.9 percent stake

Lyka Labs: Quant Mutual Fund-Quant Small Cap Fund sold 1.5 lakh shares in the pharma company

Speciality Restaurants: Promoter Anjan Chatterjee has offloaded 5 lakh shares, or a 1.06 percent stake

Ceinsys Tech: Alternate investment fund Zodius Technology Fund has been offloading its stake in the company since May

Indoco Remedies: Facility had four observations in Form 483 and classified as OAI Official Action Indicated

BANKNIFTY WEEKLY EXPIRY SHIFTED TO FRIDAY FROM THURSDAY.

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 06-06-2023 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET SELL : -25057* 😭😭

*INDEX FUT. : -919*

*INDEX OPT. : -24474*

*STOCK FUT. : +556*

*STOCK OPT. : -219*

*SEC. IN F&O BAN FOR, 07 JUN, 2023 :*

*1. IBULHSGFIN 2. INDIACEM 3. MANAPPURAM*

*ADDITION : NIL*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 06-JUN-2023 :*

*FIIS : BUY +386 (8,963-8,577)* 🙂

*DIIS : SELL -489 (5,946-6,435)* 😔

*BSE SENSEX : +06 (62,793)🔼*

*NSE NIFTY : +05 (18,599)*🔼

*BSE MIDCAP. : +80 (27,453)*🔼

*BSE SMLCAP. : +131 (31,174)*🔼

*B. CRUDE : $ 75.95* 🔽 😊

*GOLD: $1961=INR 59,800(10gr)* 🔽 😔

*SILVER : RS. 73,800 (kg) (5pm)* 🔼 🙂

*FOREX : RS. $ 82.60* 🔼 🙂

*7.26% GOI '33: 6.9780%(101.9450)*🔽🙂

*7.26% GOI '32 : 7.0196%(101.5950)* 🔼😔

*7.41% GOI '36 : 7.0748% (102.8850)*🔼😔

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20230606-56 BSE

Enhanced Surveillance Measure (ESM) Stage - One

New surveillance measure

Any co. Below 500 cr mkt cap and which has increased by 100% will be eligible for ESM

- Impact: 100% Margin
-Script will be under 5% band and Trade to Trade segment

#India #market #capitalization has hit a 7-month high, is back at $3.50 trillion, #highest level since December 1, 2022. #alliesfin

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 07-06-2023 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET BUY : +919* 😊

*INDEX FUT. : +806*

*INDEX OPT. : -1668*

*STOCK FUT. : +1893*

*STOCK OPT. : -111*

*SEC. IN F&O BAN FOR, 08 JUN, 2023 :*

*1. IBULHSGFIN 2. INDIACEM 3. MANAPPURAM*

*ADDITION : NIL*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 07-JUN-2023 :*

*FIIS : BUY +1,383 (9,570-8,187)* 😄

*DIIS : BUY +392 (5,931-5,539)* 🙂

*BSE SENSEX : +350 (63,143)🔼*

*NSE NIFTY : +127 (18,726)*🔼

*BSE MIDCAP. : +299 (27,752)*🔼

*BSE SMLCAP. : +359 (31,533)*🔼

*B. CRUDE : $ 77.36* 🔼 😔

*GOLD: $1961=INR 59,800(10gr)* ↔️ 😳

*SILVER : RS. 73,800 (kg) (5pm)* ↔️ 😳

*FOREX : RS. $ 82.54* 🔼 🙂

*7.26% GOI '33: 6.9808%(101.9250)*🔼😔

*7.26% GOI '32 : 7.0218%(101.58)* 🔼😔

*7.41% GOI '36 : 7.0766% (102.87)*🔼😔

*SGX Nifty +25 pts (18825) from last trade 18800 ,*


Nikkei +99 pts ,
Hangseng -24 pts ,
Now @6.55am .


Dow +91.74 pts ,Nsdq -171.52 pts, S&P -16.33 pts , Bovespa +878 pts , Ftse -3 pts , Dax -31 pts , Cac -6 pts , Crude @ $72.45 brl (-0.08), Brent @ $76.95 brl (-0.00) , Gold @ 1956.90 (-1.50), Silver @ $23.515 (-0.01), Euro @ $1.0701, JPY @ $140.02, INR @ 82.615




*Today's Corporate Action*
*8th June Ex Date*


 
Final Dividend - Rs. - 0.7500 -
NIITLTD
Spin Off  -
PONNIERODE
Final Dividend - Rs. - 6.5000 -
QGO
Interim Dividend - Rs. - 0.1000 -
RCL
Stock  Split From Rs.10/- to Rs.1/-




*Today's Board Meetings*
*08-Jun-23*




ANDHRAPET
General  
ARCOTECH
Audited Results;General
ATLASCYCLE
Audited Results;Quarterly1 Results
ORISSAMINE
Audited Results
SANINFRA
General;Final Dividend
VALUEIND
Audited Results;Quarterly Results
VIDEOIND
Audited Results;Quarterly Results 




*Stock under F&O ban on NSE*
*08-Jun-23*



1. IBULHSGFIN

2. INDIACEM

3. MANAPPURAM

Dividend Dates

Ex-Dividend 09 June 2023 (Tomorrow)
Last date for Cum-Dividend Today

Asian Paints Ltd.
Dividend Per Share Rs.21.25
Previous day Closing Price – Rs. 3223.85

Bhansali Engineering Polymers Ltd.
Special Dividend Per Share Rs.14
Final Dividend Per Share Rs.1
Previous day Closing Price – Rs. 160.7

Caplin Point Laboratories Ltd.
Dividend Per Share Rs.2
Previous day Closing Price – Rs. 777.55

Cigniti Technologies Ltd.
Special Dividend Per Share Rs.2.5
Final Dividend Per Share Rs.3.0
Previous day Closing Price – Rs. 907.6

Dynamatic Technologies Ltd.
Dividend Per Share Rs.7
Previous day Closing Price – Rs. 3374.1

Elecon Engineering Co.Ltd.
Dividend Per Share Rs.2
Previous day Closing Price – Rs. 561.65

Elpro International Ltd.
Dividend Per Share Rs.0.23
Previous day Closing Price – Rs. 60.74

HDFC Asset Management Company Ltd
Dividend Per Share Rs.48
Previous day Closing Price – Rs. 1994.8

Himadri Speciality Chemical Ltd
Dividend Per Share Rs.0.25
Previous day Closing Price – Rs. 131.6

Indian Hotels Co.Ltd.
Dividend Per Share Rs.1
Previous day Closing Price – Rs. 395.9

National Fertilizers Ltd.
Dividend Per Share Rs.1.53
Previous day Closing Price – Rs. 71.8

NRB Bearings Ltd.
Dividend Per Share Rs.4.1
Previous day Closing Price – Rs. 195.8

Solar Industries India Ltd.
Dividend Per Share Rs.8
Previous day Closing Price – Rs. 3887.3

Maruti Interior Products Ltd
Dividend Per Share Rs.0.5
Previous day Closing Price – Rs. 149

Voltas Ltd.
Dividend Per Share Rs.4.25
Previous day Closing Price – Rs. 805.65

India Daybook Stocks in News

Zydus Life: Company gets USFDA approval for Tadalafil tablets (Positive)

Nelco: Company invests in Piscis Networks to bolster its portfolio of Satellite Communication Solutions (Positive)

Lemon Tree Hotels: Company signs licence agmt for a 60-room property in Rajamundry, Andhra Pradesh (Positive)

Tata Elxsi: Company launches InnovationHub & nearshore engineering centre in Troy, Michigan (Positive)

Hatsun Agro: Company to consider sale of its windmill division (Positive)

Wipro: Company & Cisco launches managed private 5G-as-a-Service solution (Positive)

Allcargo Logistics: Company’s arm Transindia Real Estate, to sell Jhajjar logistics park (Positive)

Mazagon: Thyssenkrupp, Mazagon intend to build submarine in India (Positive)

Jindal Poly: Company has entered into an agreement to acquire 100 percent shareholding in Netherlands-based firm JPF Netherlands Investment BV (Positive)

Tech Mahindra: Life Insurance Corporation of India has increased its stake in the IT services provider by 2.015 percent (Positive)

Snowman Logistics: Promoter Gateway Distriparks has acquired additional 11 lakh shares or 0.65 percent stake (Positive)

Hero MotoCorp: The company is gearing up to expand its electric two-wheeler range while upgrading its existing sales infrastructure (Positive)

Titagarh Rail: Board to consider raising funds via QIP/Rights Issue on June 10 (Positive)

TCS: Clocks its second lowest employee addition ever in FY23 (Neutral)

Punjab & Sind Bank: Board to consider raising upto Rs 750 cr via Bonds (Neutral)

Sula Vineyards: The wine producer has identified a new chief financial officer, who will come on board in August. (Neutral)

Deepak Fertilisers: Foreign portfolio investor Smallcap World Fund Inc has sold 23.54 lakh equity shares or 1.86 percent stake

D-Link: Ace investor Ashish Kacholia has sold 1.94 lakh shares or 0.54 percent stake

#RBIPolicy | RBI’s Monetary policy Committee decides to maintain status quo, policy rate (Repo Rate) is unchanged at 6.50%

RBI GOV

# SURVEYS POINT TOWARDS HIGHER INVESTMENT INTENTIONS OF MANUFACTURING COS FOR FY24
# SAYS RURAL DEMAND ALSO ON REVIVAL PATH
# SAYS URBAN DEMAND REMAINS RESILIENT
# SAYS DOMESTIC DEMAND CONDITIONS REMAIN SUPPORTIVE OF GROWTH
# SAYS AVG LIQUIDITY IN SURPLUS MODE, COULD INCREASE
# SAYS REAL POLICY RATE CONTINUES TO BE POSITIVE
# SAYS MPC WILL CONTINUE TO REMAIN VIGILANT ON EVOLVING SITUATION, GROWTH OUTLOOK
# SAYS IMPACT OF MONSOON ON INFLATION OUTLOOK REMAINS UNCERTAIN
# SAYS HEADLINE INFLATION STILL ABOVE TARGET
# SAYS PACE OF MONETARY POLICY HAS SLOWED, UNCERTAINTY REMAINS ON FUTURE TRAJECTORY
# SAYS PACE OF GLOBAL ECONOMIC ACTIVITY TO DECELERATE IN 2023
# SAYS MPC TO REMAIN FOCUSED ON WITHDRAWAL OF ACCOMMODATION