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

Sector in news 🗞

✈️Airlines sector: Domestic airfares are expected to remain high for another six to seven months, or until airlines are able to induct more aircraft and sort out the issues with P&W engines. Report

Air India is to receive 25 new Boeing 737-800 aircraft and six Airbus A-350-900s in the second half of the year as a part of its huge 470 aircraft order. The Boeing 737-800s will most probably be used for flights within India while the Airbus A350s will be used for international flights. #IndiGo and Akasa are also set to receive more aircraft and increase supply in the domestic aviation market.

🔰 Non-insurance sector reported an 18.06 per cent rise year-on-year to Rs 18,031.48 crore for May (excluding specialised companies, Agricultural Credit Insurance Company of India, and ECGC), the latest data released by the General Insurance Council showed.
The general insurance companies, which is 91 per cent of the non-life market, grew 17.45 per cent in May to Rs 15,933 crore while health insurance companies reported a 22.94 rise to Rs 2,098 crore.

#NewIndiaassurance #Icici Lombard

🛒 e-commerce, online travel, food delivery and ride-hailing, the GMV of the country’s internet economy currently stands at $155-$175 billion. This is about 48 per cent of India’s technology sector and may grow to 62 per cent by 2030
#Zomato, #Rategain #Nykaa


🚗 EV India will have 87 per cent electric vehicle (EV) penetration in new vehicle sales and 85 per cent localisation of the XEV value chain by 2047, the FICCI-YES Bank report’s on e-mobility said on Tuesday.
“The projected segment-wise penetration is 91 per cent for three-wheelers, 90 per cent for two-wheelers, 79 per cent for passenger vehicles, and 67 per cent for buses by 2047,” FICCI-YES Bank report ‘India@2047: Electric Mobility’ said.

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 08-06-2023 :*

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

*TOTAL NET SELL : -2130* 😢

*INDEX FUT. : -442*

*INDEX OPT. : -515*

*STOCK FUT. : -1094*

*STOCK OPT. : -78*

*SEC. IN F&O BAN FOR, 09 JUN, 2023 :*

*1. IBULHSGFIN 2. MANAPPURAM*

*ADDITION : NIL*
*DELETION : INDIACEM*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 08-JUN-2023 :*

*FIIS : BUY +212 (8,013-7,801)* 🙂

*DIIS : SELL -405 (5,462-5,867)* 😔

*BSE SENSEX : -294 (62,849)🔽*

*NSE NIFTY : -92 (18,634)*🔽

*BSE MIDCAP. : -241 (27,511)*🔽

*BSE SMLCAP. : -148 (31,385)*🔽

*B. CRUDE : $ 76.66* 🔽 😊

*GOLD: $1968=INR 60,000(10gr)* 🔼 🙂

*SILVER : RS. 73,700 (kg) (5pm)* 🔽 😔

*FOREX : RS. $ 82.57* 🔽 😔

*7.26% GOI '33: 7.0224%(101.6325)*🔼😩

*7.26% GOI '32 : 7.0632%(101.30)* 🔼😩

*7.41% GOI '36 : 7.1050% (102.62)*🔼😩

Dow +43.17 pts ,Nsdq +20.62 pts, S&P +4.93 pts , Bovespa +1531 pts , Ftse -37 pts , Dax -40 pts , Cac -9 pts , Crude @ $69.94 brl (-0.23), Brent @ $74.50 brl (-0.29) , Gold @ 1973.60 (-3.60), Silver @ $24.33 (-0.08), Euro @ $1.0746, JPY @ $139.32, INR @ 82.445


🔹US GOVT. 10-YR YIELD : 3.74%


Today's Corporate Action, 12 June Ex Date:

APCOTEXIND
Final Dividend - Rs. - 3.5000
CYIENT
Final Dividend - Rs. - 16.0000
ICICIGI
Final Dividend - Rs. - 5.5000
INDIANB
Final Dividend - Rs. - 8.6000
IONEXCHANG
Stock  Split From Rs.10/- to Rs.1/-
RIIL
Dividend - Rs. - 3.5000
TATAINVEST
Final Dividend - Rs. - 48.0000


Today's Board Meetings, 12-Jun-23 :

ALAN SCOTT
Rights Issue              
BALKRISHNA
Right Issue of Equity Shares;Increase in Authorised Capital;General;Preferential Issue of shares
MENAMANI
General;Stock  Split              
PSB
General                
SATIN
General                
SEACOAST
Right Issue of Equity Shares;General       
SHARPLINE
Preferential Issue of shares            
TEEAI
General                
UNISTRMU
General;Quarterly Results            
UNQTYMI
A.G.M.;General              
USHDI
Audited Results              
VIJAYTX
Audited Results  


🔹SEC. IN F&O BAN FOR, 12 JUN, 2023 :

1. IBULHSGFIN 2. IEX 3. INDIACEM

ADDITION : INDIACEM , IEX
DELETION : MANAPPUAM

SHALBY: Shalby Academy, the healthcare education division of Shalby Ltd, made its partnership with P P Savani University in Surat
Both organizations have signed an MOU to jointly offer a diverse range of Para Medical/Healthcare courses in South Gujarat

MOSCHIP TECHNOLOGIES: Approved allotment of 1.14 Crore Shares Rs 63.22/ Share aggregating Rs 74.69 Crores to the shareholders of Softnautics Inc for consideration other than cash towards part payment of the total consideration payable

VEDANTA: Declaration of Preferred Bidder of Iron Ore Mine (Block VII - Cudnem Mineral Block) by the Department of Mines & Geology, Goa in Electronic Auction of Iron Ore Mine

MAHARASHTRA SEAMLESS: Company has made voluntary prepayment of outstanding long term loan of Rs 234 crore approximately


KOTAK MAHINDRA BANK
Large Trade
CANADA PENSION PLAN INVESTMENT BOARD
SOLD 3,30,00,000 Shares @ Rs 1,855.64/ Share


JUPITER WAGONS: NCLT Kolkata Approves Company’s Resolution Plan To Acquire Controlling Stake Of Stone India Under Corporate Insolvency Resolution Process Of Insolvency and Bankruptcy Code 2016

INTERGLOBE AVIATION
Expands Codeshare Partnership With Turkish Airlines For United States
Announced New Codeshare Connections Via Istanbul To USA
Travellers From India Can Travel To New York, Boston, Chicago, & Washington, Effective June 15, 2023

TITAGARH WAGONS: FUND RAISING Raising of funds through issuance of upto 76,00,000 Equity Shares to SMALLCAP WORLD FUND On preferential basis at a price of Rs 380/share for an Aggregate amount of Rs 288 Crores

ITI: RATING DOWNGRADE Acuite Rating and Research Limited downgrades credit ratings of the company Driven by the deterioration in operating performance during FY'23, reflected in its declining scale of operations and cash losses resulting in stretched liquidity

BIRLA CORPORATION: LARGE TRADE SOCIETE GENERALE
BUY 399,321 Shares @ Rs 1188.51/ Share

AMBALAL SARABHAI ENTERPRISES: Subsidiary Asence Pharma commenced its new oncology and synthetic API plant in Vadodara Plant set up to meet all domestic and international regulatory standards and will manufacture niche molecules that have a global requirement

News Headlines from Business News Agencies:

*BUSINESS STANDARD *

• Future Enterprises invites expression of interest for assets across India.
• Sequoia Capital plans to sell 10% stake in Go Fashion through block deal.
• BOI to raise up to Rs 3,000 cr via tier II bonds to support business growth.
• We must be a product nation, make our own chips: HCLTech's Ajai Chowdhry
• Star Health founder Venkatasamy Jagannathan resigns from company's board.
• Rs 25,938-cr Auto PLI scheme: Centre considers paying incentive quarterly
• Dalmia Bharat lines up Rs 19K cr to battle Adani, UltraTech Cement
• India's GDP growth for FY23 likely to be over 7.2%, says CEA Nageswaran.
• CPPIB sells 1.77% stake in Kotak Mahindra Bank.
• TVS Credit Services raises Rs 480 crore capital from Premji Invest.
• SBI gets board approval to raise Rs 50,000 crore through bonds in FY24

ECONOMIC TIMES

• Aircraft lessor Wilmington moves NCLT to begin insolvency proceedings against SpiceJet
• Shipping Corp ready to set sail on privatisation bid
• FY24 to be golden year for Punjab National Bank: MD
• India's aviation market offers all kinds of opportunities, says Star Alliance CEO
• India becomes destination for auto OEMs to secure their digital content needs.
• IndianOil top bidder for Reliance's KG gas for 2nd auction in a row
• Pandemic boom over, D2C brands now switching to offline channels: Tata Consumer MD
• FY23 Growth May Beat Current 7.2% Estimate: CEA
• UAE fourth largest investor in India in FY23
• Unemployment rate falls to 7.7% in May on decline in labour participation: CMIE
• Moody's flags high government debt and fiscal slippage risks for Indian economy

MINT

• Irdai asks insurers to create ABHA IDs for policy seekers
• Gujarat on yellow alert; cyclone landfall expected on Thursday
• Govt to list SCI's non-core assets on bourses this month
• NCLT backs Anik Industries, rejects IDBI plea
• IndiGo CEO Pieter Elbers appointed as Chair-elect of IATA's Board of Governors
• Titagarh Wagons to raise ₹288 cr via preferential allotment
• India tops in digital payments, records 89.5 mn transactions, says MyGovInd
• FPIs inflow over ₹9,700 crore in June.
• State-run SECL eyes 16% annual growth in coal production till FY26
• NAFED plans to convert a fifth of its raw chana stocks to dal amid surplus
• BAM Digital to set up 2nd data centre in Mumbai

india Daybook – Stocks in News

Power Stocks: India's daily peak power demand touches a new high of 222.9 gigawatts. (Positive)

SBI Life Insurance: May premium up 58% (YoY); Retail APE up 8% (YoY) (Positive)

HDFC Life Insurance: May premium up 26% (YoY); Retail APE up 10% (YoY) (Positive)

IndiGo: Company expands codeshare partnership with Turkish Airlines for US (Positive)

Indoco Remedies: Company receives EU GMP certification for its Himachal Pradesh manufacturing facility (Positive)

Greenlam Industries: Commences commercial production at TN plant (Positive)

Cochin Shipyard: Company receives order for MR/Mid-Life upgrade of Indian Naval Ship (Positive)

Avantel: Company has signed a contract worth of Rs.54.38 Crores dated June 9, 2023 with Ministry of Defence. (Positive)

JWL: NCLT approves Jupiter Wagons' resolution plan to acquire controlling stake in Stone India Limited (Positive)

TVS Motor: Company acquires additional 25% in Swiss E-Mobility Group to make it a wholly owned subsidiary. (Positive)

EaseMyTrip: Company becomes the official travel partner at the World Padel League 2023 (Positive)

Zydus Life: Company has received the final USFDA approval for a drug to treat stomach ulcers. (Positive)

Birla Corp: Societe Generale bought 3.99 lakh shares in the company. (Positive)

Info Edge: Company has agreed to sell its entire shareholding in associate company Happily Unmarried Marketing (HUM) to VLCC Health Care (Positive)

Allcargo: company announced that it has completed the acquisition of a 30 percent stake or 1.5 lakh equity shares of GKEPL for a total of Rs 406.7 crore. (Positive)

Vedanta: Declaration of Preferred Bidder of Iron Ore Mine (Block VII - Cudnem Mineral Block) by the Department of Mines & Geology, Goa (Positive)

SAIL: Life Insurance Corporation of India acquired additional 2 percent stake in the steel company (Positive)

Brightcom: The company sees the profit at Rs 1,659.1 –1,744.2 crore for the financial year FY24 (Positive)

Maha Seamless: Company has made voluntary prepayment of outstanding long term loan of Rs 234 crore approximately (Positive)

Ambalal Sarabhai: Subsidiary Asence Pharma commenced its new oncology and synthetic API plant in Vadodara (Positive)

Tata Motors: HSBC India partners with company for a corporate employee financing solution to accelerate the adoption of zero emission electric vehicles (Neutral)

Max Life Insurance: May premium up 16% (YoY); Retail APE up 2% (YoY) (Neutral)

IndusInd Bank: Expands network with Inauguration of 15th Branch in Nagpur (Neutral)

GHCL: Mechanical breakdown incident in soda ash plant, however issue has resolved (Neutral)

Karur Vysya Bank: Revises Base Rate and Benchmark Prime Lending Rate (Neutral)

Spandana Sphoorthy: Company has approved issuance of NCDs worth up to Rs 125 crore. (Neutral)

IEX: Mr Harsh Jain bought 52.95 lakh shares of company (Neutral)

Kotak Mahindra Bank: Canada Pension Fund sold 3.3 cr shares of Company (Neutral)

SBIN: Bank has received board approval to raise up to Rs 50,000 crore through debt instruments in the current financial year (Neutral)

Shalby: Academy, the healthcare education division of Shalby Ltd, made its partnership with P P Savani University in Surat (Neutral)

ICICI Prudential Life: May premium down 19% (YoY); 2M FY24 premium down 18% (YoY)

ITI: Acuite has downgraded the credit ratings of the company

Go Fashion: Sequoia Capital to sell up to 10.18% stake in Go Fashion at Rs 1,135/share via block deal: Media sources

Global bits

✒️MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.17%. The index is up 4% for the month. Japan's Nikkei rose 0.7%, while E-mini futures for the S&P 500 rose 0.15%.

✒️European shares slip as central-bank meetings loom, Croda falls on profit warning

✒️The BOJ is expected to maintain ultra-loose monetary policy this week and its forecast for a moderate economic recovery, as robust corporate and household spending cushion the blow from slowing overseas demand, sources told Reuters.

✒️Elsewhere, the Turkish lira slid to another all-time low of 23.77 per dollar.

✒️U.S. crude eased 0.34% to $69.93 per barrel and Brent was at $74.49, down 0.4% on the day. Both benchmarks notched their second straight weekly decline last week as disappointing China economic data raised concerns about demand growth in the world's largest crude importer.

✒️Iraq approves record $153 bln budget including big public hiring

✒️Major Gulf bourses end lower on falling oil prices

✒️Dollar steady, with Fed pause eyed in busy c.bank week

✒️South Korea sea salt demand grows ahead of Japan's Fukushima contaminated water release

✒️Nigeria's President Tinubu suspends central bank governor

✒️TSX adds to weekly decline as economy sheds jobs

✒️Tesla jumps as GM deal makes its charging network closer to US standard. S&P and NASDAQ at 2023 highs.

✒️Several Chinese lenders cut yuan deposit rates from Monday

✒️Japan's wholesale inflation eases, goods close to consumers continue to rise

✒️French shoppers should pay less for their food from next month, Finance Minister Bruno Le Maire said on Friday, after he secured a pledge from 75 food companies including Unilever to cut prices on hundreds of products.

✒️The companies, which together make 80% of what the French eat, could face financial sanctions if they don't follow through, Le Maire said.

✒️UK housing market strains grow as mortgage rates creep higher

✒️Billionaire George Soros hands control of empire to son Alex

✒️UK must seize opportunities of AI to remain a tech capital, Sunak says

✒️Sri Lanka lifts import limits on 286 items as crisis eases

✒️China's central bank upbeat on Q2 GDP growth, confident on 2023 targets

✒️China's factory deflation steepens as demand wanes

✒️Chinese investors flock to Riyadh conference seeking new markets, capital

✒️China mutual fund sales dry up amid market gloom

✒️Swiss National Bank Chairman hints at rate rises to tackle inflation

✒️Australia recession risk heightens after RBA warns of bumpy path to low inflation

✒️Russian central bank gives most hawkish signal this year as it holds rates

✒️U.S. equity funds post biggest weekly outflow in 10 weeks

Source: Reuters

WHO BENEFITED FROM ADANI HIT JOB ?

PART 1 https://www.youtube.com/watch?v=4wL-pi7l9Ik

PART 2 https://www.youtube.com/watch?v=_oXW_lLV6to