CLOSING INDICES

 13 Aug BSE CLOSED @ 38310.49 ❌ 59.14 Pnts & NSE CLOSED @ 11300.45 ❌ 07.95 Points, BankNifty Closed 22196.35 ❌  67.65 Points & India VIX Closed 20.5675 ❌ 0.2775 Points.

STOCKS TO WATCH 13.8.20

Stocks To Watch

Indiabulls Housing Finance: SS Mundra - the former deputy governor of the Reserve Bank of India has been appointed as the Non-Executive Chairman of the company. Mundra is currently an independent director of the company. Sameer Gehlaut to relinquish the post of the company's Executive Chairman and will continue as non-executive, non-independent director. He will remain the CEO of Indiabulls Ventures.

Tata Power: Board approved merger of wholly-owned arms Coastal Gujarat Power (Mundra UMPP) and Tata Power Solar System (Solar EPC business) and Af-Taab Investment with itself, along with capital reorganization after the merger. Coastal Gujarat Power to get direct support from parent company upon merger. Board also approved withdrawal of scheme of transfer of certain renewable energy undertakings from the company to its arms Tata Power Renewable Energy, Supa Windfarm, Nivade Windfarm and Tata Power Green Energy on a slump sale basis. Board will consider other alternatives for restructuring its renewable energy business. Funds in company’s general reserves are in excess of business needs of the company for the foreseeable future and will be used to reward shareholders, as stated in a press release.

Coal India: Bloomberg News reports that the company is seeking 15% reduction in railway freight charges for shipments travelling between 700-1,400 kilometers, in order to make domestic supplies competitive with imports. Domestic coal is considerably cheaper than imports, but taxes and freight makes it less competitive for some customers especially in South and West India, according to the company's e-mailed statement.

Apollo Hospitals: NCLT Chennai approved demerger of the front-end portion of the standalone pharmacy business of the company into its arm Apollo Pharmacies.

Thermax: MD and CEO MS Unnikrishnan to retire on August 31. Ashish Bhandari will be the new MD and CEO.

InterGlobe Aviation: Jwalamukhi Investment Holdings acquired 54.35 lakh shares (1.41%) at Rs 1,028 per share and Kotak Mahindra (International) sold 54.35 lakh shares (1.41%) at Rs 1,028 per share.

Brigade Enterprises: Board approved raising up to Rs 500 crore via equity shares and debt. Company expects construction to resume at 100% levels by the end of the third quarter of fiscal 2021.

Britannia Industries: Allotted commercial papers worth Rs 300 crore.

Dixon Tech: SBI Mutual Fund reduces stake to 4.39% from 4.9% on August 11.

Mahindra & Mahindra Financial Services: Rights issue was subscribed approximately 1.3 times, resulting in a demand generation of over Rs 4,000 crore. as compared to a target of Rs 3,088.8 crore.

Indostar Capital Finance: Board approved raising Rs 1,000 crore via issue of NCDs in various tranches.

Nifty Earnings Today: GAIL, Hero MotoCorp, BPCL, Grasim, Eicher Motors, Tata Steel

Non-Nifty Earnings Today: APL Apollo, Balkrishna Industries, City Union Bank, DCM Shriram, Engineers India, Godrej Industries, Kaveri Seed, Minda Corp, PFC, Praj Industries, Redington India, Prestige Estates, Safari Industries, Shankara Building Products, Sharda Cropchem, Shriram Transport Finance, Trent, Venky' 

FNO BAN STOCKS 13 AUG

 Stock under F&O ban on NSE

13-Aug-20

1 AUROPHARMA

2 BATAINDIA

3 CANBK

4 CENTURYTEX

5 GLENMARK

6 IBULHSGFIN

7 IDEA

8 MUTHOOTFIN

9 SAIL

10 VEDL

DIVIDENDS & RESULTS

 Today's Corporate Action 13 th Aug Ex Date

APCL Dividend - Rs. - 5.0000

BAJAJST Final Dividend - Rs. - 2.0000

BSOFT Final Dividend - Rs. - 1.0000

DABUR Final Dividend - Rs. - 1.6000

ERIS Interim Dividend - Rs. - 5.5000

ESCORTS Final Dividend - Rs. - 2.5000

GPTINFRA Final Dividend - Rs. - 1.5000

MARUTI Final Dividend - Rs. - 60.0000

NTPC Final Dividend - Rs. - 2.6500

OSWALOR Stock  Split From Rs.10/- to Rs.5/-

TTKPRESTIG Dividend - Rs. - 20.0000

Today's Key Results 

13-Aug-20

3MINDIA

7SEASL

7TEC

AARNAV

ALUFLUOR

AMALGAM

AMNPLST

AMRUTANJAN

ANKIN

ARIES

ASHSI

ASIFOOD

BASML

BBL

BERVINL

BHARATGEAR

BHILSPIN

BJDUP

BKV

BOMBPOT

BPCL

CHEVIOT

CUB

DBCORP

DCMSRMIND

DIAMANT

EICHERMOT

EIHOTEL

ELDEHSG

ELECTCAST

ENDURANCE

ENGINERSIN

ENTRINT

EUROLED

EXCELINDUS

FRONTSP

GAIL

GIRDSGA

GKB

GODREJIND

GOLDCOINHF

GOLDIAM

GOTHIPL

GRASIM

GREAVESCOT

GRSE

HERCULES

HEROMOTOCO

HINDMILL

HINDTIN

HOCL

HRBFLOR

IGPL

INDAG

INDIAGLYCO

INDLEASE

INEOSSTYRO

INSILCO

ISHITADR

ISLCONSUL

JAGSONFI

JITFINFRA

KIRLOSIND

KMCSHIL

KSCL

LUMAXTECH

MACINTR

MADHAVIPL

MAGANTR

MAHANIN

MAHASTEEL

MAYURUNIQ

MEDICAMEQ

MEDINOV

MEHIF

MEHSECU

MEHTAHG

MERCANTILE

MINDACORP

MINDTECK

MKEL

MLKFOOD

MORARKFI

MOTOGENFIN

MPILCORPL

MUKANDENGG

MULLER

NATRAJPR

NCCBLUE

NITCO

NOVIS

PAISALO

PALASHSEC

PARTANI

PFC

PGEL

PHARMAID

PHOTON

PIONEEREMB

PONDYOXIDE

PPAP

PRAJIND

PRECWIRE

PREMCO

PRERINFRA

PRESTIGE

PRIMAGR

PRIMAIN

PRISMMEDI

PRSMJOHNSN

PRSNTIN

PUNJCOMMU

QUADRANT

REDINGTON

ROSSELLIND

SANDHAR

SANGHVIMOV

SAVERA

SHANKARA

SHARDACROP

SHGANEL

SHIVALIK

SIL

SJCORP

SKMEGGPROD

SPICEISL

STCORP

STEL

STOVACQ

SUNFLAG

SUPERIOR

SURFI

TFCILTD

TIMESGTY

TIMKEN

TNPL

TOKYOFIN

TOKYOPLAST

TOWASOK

TRANSASIA

TRELCHE-B

TRENT

TTKHEALTH

TVSSRICHAK

VENKYS

VICTMILL

VIPCLOTHNG

VIRAT

WARRENTEA

XCHANGING

YSL

CONFERENCE CALL

 Concall list

Thursday 13 August 2020

Time :8:30 AM 

Aurobindo Pharm Ltd

Dial: +91 226280 1437

Time :9:30 AM 

ABB Power Produ

Dial: +91 22 6280 1376

Time :11:00 AM

 Cummins

Dial: 2239402340

Time :11:00 AM 

Natco

Dial: +91 22 6280 1145

Time :11:00 AM 

Ashok Leyland

Dial: +91 22 6280 1145

Time :11:00 AM R 

Systems Intl

Dial: +91 22 62801139

Time :11:30 AM 

Aster DM Healthcare

Dial: +91 22 6280 1144

Time :11:30 AM 

Thermax Ltd

Dial: +91 22 6280 1148

Time :11:30 AM

 Sutlej Textiles Ltd

Dial: +91 22 6280 1256

Time :11:30 AM 

Ugro Capital

Dial: +91 22 6280 1426

Time :11:30 AM 

Pennar Inds

Dial: +91 22 62801143

Time :12:00 PM 

KRBL Ltd

Dial: + 91 22 6280 1141

Time :12:00 PM 

Sanghi In

Dial: +91 22 6280 1143

Time :12:00 PM 

Oriental Carbon

Dial: +91 22 6280 1309

Time :12:30 PM 

Deepak Nitrite

Dial: +91 22 6280 1401

Time :2:00 PM SH Kelkar

Dial: + 91 22 6280 1141

Time :2:00 PM 

Salzer Electro

Dial: +91 22 6280 1369

Time :2:30 PM 

ICFL

Dial: +91 22 6280 1149

Time :2:30 PM 

Brigade Ent

Dial: +91 22 6280 1209

Time :2:30 PM 

Automotive Axle

Dial: +91 22 6608 5333

Time :3:00 PM 

IFB Industries

Dial: +91 22 6280 7304

Time :3:30 PM CenturyPlyboard

Dial: +91 22 6280 1144

Time :3:30 PM 

Aavas Financier

Dial: +91 22 6280 1309

Time :3:45 PM 

RITES

Dial: +91226280 1360

Time :4:00 PM 

Aditya Birla F

Dial: + 91 22 6280 1324

Time :4:00 PM 

Action Const

Dial: +91 22 6280 1325

Time :4:00 PM 

Gulf Oil Lubric

Dial: +91 22 6280 1315

Time :4:00 PM 

Balaji Amines

Dial: +91 22 6280 1326

Time :4:00 PM 

MPS

Dial: +91 22 6280 1410

Time :4:30 PM 

Grasim

Dial: +91 22 6280 1127

Time :4:30 PM 

Aarti Ind

Dial: +91 22 6280 1141

Time :4:30 PM 

Mas Financial Services Lt

Dial: +91 22 6280 1148

Time :4:30 PM 

DB Corp

Dial: +91 22 6280 1256

Time :5:00 PM 

APL Apollo

Dial: +91 22 6280 1144

Time :5:30 PM 

Redington Ltd

Dial: +91 22 6280 1309

Time :6:00 PM 

Eicher Motors Ltd

Dial: +91 22 6480 0114

Other Indices

 Asia-Pacific markets jump as U.S. stocks rally; investors await Australian jobs data

Asia-Pacific markets jumped in early trade on Thursday, following a surge in the U.S. markets overnight as tech stocks rallied.

Japan’s Nikkei 225 bounced 1.58%, while the Topix was also up 1.09%. Auto and tech stocks jumped in early trading. Softbank was up 2.87%, while Sony rose 2.84%.

South Korea’s Kospi rose 0.83%. In Australia the S&P/ASX 200 was up 0.18%.  

Meanwhile, Australia’s jobs data is expected to be released at 9:30 a.m. HK/SIN. It comes as coronavirus cases surged again in recent weeks in Victoria state. Authorities had to impose a night curfew and tighten restrictions again last week in Melbourne, Australia’s second-largest city, according to Reuters.

In earnings news, Chinese tech giant Tencent reported quarterly earnings after markets close on Wednesday. Gaming boosted overall revenue in the second quarter, while Tencent saw some weakness in its advertising business. Overall, its profit attributable to equity holders of the company was 33.1 billion yuan ($4.76 billion) compared to 27.56 billion yuan expected. That’s a 37% year-on-year rise.

On Wall Street, stocks jumped as traders stateside seemed to shrug off uncertainty over a second coronavirus stimulus bill, even as House Speaker Nancy Pelosi on Wednesday said both sides were still “miles apart” on relief negotiations.

Some key events coming up:

Earnings include Tencent, Cisco Systems, Swiss Life, Tui AG.

China releases a slew of data for July on Friday, including industrial production and retail sales.

These are the main moves in markets:

Stocks

The S&P 500 Index jumped 1.4% to 3,380.35 as of 4:01 p.m. New York time, the highest in about six months on the largest surge in more than five weeks.

The Dow Jones Industrial Average climbed 1% to 27,976.69, the highest in almost six months.

The Nasdaq Composite Index climbed 2.1% to 11,012.24, the largest increase in more than three weeks.

The MSCI All-Country World Index jumped 1.2% to 570.82, the highest in almost six months on the biggest surge in more than five weeks.

Currencies

The Bloomberg Dollar Spot Index fell 0.2% to 1,179.14, the largest fall in a week.

The euro gained 0.4% to $1.1788, the biggest advance in a week.

The Japanese yen depreciated 0.4% to 106.89 per dollar, the weakest in three weeks.

Bonds

The yield on 10-year Treasuries climbed two basis points to 0.66%, the highest in more than five weeks.

Germany’s 10-year yield increased three basis points to -0.45%, the highest in four weeks.

Britain’s 10-year yield gained four basis points to 0.237%, the highest in almost eight weeks.

Commodities

West Texas Intermediate crude increased 2.3% to $42.56 a barrel, the highest in about five months on the largest climb in more than three weeks.

Gold was little changed at $1,911.27 an ounce, the weakest in almost three weeks.

Copper increased 0.2% to $2.88 a pound.