Closing Indices

 20 Aug 20, BSE CLOSED @ 38220.39 ❌ 394.40 Pnts & NSE CLOSED @ 11312.20 ❌ 96.20 Points, BankNifty Closed 21999.45 ❌ 286.45 Points & India VIX Closed 20.6175 ✅ 0.6603 Points.

STOCK IN NEWS 20.08.20

 Stocks in the news

Zee Learn: Ajey Kumar resigned as Managing Director of the company.

L&T Finance Holdings: Board approved raising up to Rs 200 crore via non-convertible debentures.

Sobha: Promoter group Ravi PNC Menon and persons acting in consort (PACs) raised stake in company to 3.28 percent from 3.27 percent earlier.

Ramky Infrastructure: Q1 loss at Rs 61.96 crore versus loss at Rs 5.77 crore, revenue at Rs 238 crore versus Rs 546.67 crore YoY.

Ruchi Soya Industries: Q1 profit at Rs 12.3 crore versus Rs 14.01 crore, revenue at Rs 3,043 crore versus Rs 3,112.3 crore YoY.

Sunflag Iron & Steel: Veena Ravi Bhushan Bhardwaj, part of promoter group, acquired 10,62,050 equity shares in the company, increasing stake to 1.99 percent.

PNB Housing Finance: Board approved raising up to Rs 1,800 crore equity capital.

FNO BAN STOCKS 20.08.2020

 Stock under F&O ban on NSE 20-Aug-20

1 ADANIENT

2 AUROPHARMA

3 BANKBARODA

4 BHEL

5 CANBK

6 CENTURYTEX

7 IBULHSGFIN

8 IDEA

9 JINDALSTEL

10 MANAPPURAM

11 SAIL

12 SUNTV

13 VEDL

DIVIDENS & RESULTS

 Today's Corporate Action 20 th Aug Ex Date

AKZOINDIA Dividend - Rs. - 14.0000

ALANKIT Final Dividend - Rs. - 0.2000

ASTRAZEN Interim Dividend - Rs. - 2.0000

AVANTI Final Dividend - Rs. - 0.1000

BALKRISIND Interim Dividend - Rs. - 3.0000

BHAGIL Final Dividend - Rs. - 3.0000

ESTER 

Dividend - Rs. - 2.5000

FDC Buy Back of Shares

GNFC Dividend - Rs. - 5.0000

LUMAXIND Final Dividend - Rs. - 6.0000

SKYIND Final Dividend - Rs. - 0.5000

SRD Final Dividend - Rs. - 0.1000

STANROS Dividend - Rs. - 6.0000

TATACOMM Final Dividend - Rs. - 4.0000

TATAMETALI Dividend - Rs. - 2.5000

TIDEWATER Final Dividend - Rs. - 140.0000

UNICHEMLAB Dividend - Rs. - 4.0000

VIDHIING Interim Dividend - Rs. - 0.2000

Today's Key Results 20-Aug-20

ACCELYA

ADVENT

AMARNATH

AMBALALSA

ASIFOOD

ASIIL

BEMHY

BHAGCHEM

BLISSGVS

BPLPHARMA

CENLUB

CGVAK

CLIOINFO

COSYN

CRANEX

DENISCHEM

ELECTHERM

ETT

EXPLEOSOL

FOODSIN

GOKAKTEX

GOLCA

GUJPETR

HCG

INDNIPPON

IOB

IRBINVIT

JKIL

LINCOPH

MADHUCON

MAL

MCDHOLDING

METALFORGE

METROGLOBL

MILLENNIUM

MODERN

MOIL

MONARCH

MPAGI

PADALPO

PRIMAPLA

RAINBOWDQ

RAJSPTR

SALORAINTL

SEATV

SFL

SSPDL

STARDELTA

STLSTRINF

SWELECTES

THAKDEV

TRIMURTHI

TRIPR

TRITONV

TTFL

VALECHAENG

Stocks To Watch Today For Trade

 stocks to watch in trade today:

State Bank of India has raised Rs 8,931 crore In Tier-II Bonds. The Tier-II bonds with a maturity of 15 years were raised a coupon rate of 6.8% and the credit spread stood at 35.5 basis points over the corresponding government security yield. The total issue was for Rs 10,000 crore with Rs 2,000 as the base issue size.

Titan stated in a press release that it is fully hedged with gold on lease and gold bought from stock markets. The company said that the ineffective hedge loss due to mismatch in sales quantity will be reversed subsequently with a corresponding reversal of stock gain accrued in the first quarter of fiscal 2021.

DLF & Hines JV has secured Rs. 2,600 crore Construction Loan for its new project from HDFC.

Zee Learn: Board accepted the resignation of Ajey Kumar as managing director with effect from Aug.18.

Solara Active Pharma Sciences has appointed Subhas Anand as the new CFO. Subhas Anand was the ex-CFO and President at PI Industries.

Karnataka Bank has appointed Justice A V Chandrashekar and Pradeep Kumar Panja as additional directors. Justice A V Chandrashekar is formers judge of Karnataka High Court and Pradeep Kumar Panja was ex-managing director (corporate banking) at State Bank of India.

Chalet Hotels: Rajeev Newar has resigned from the post of CFO with effect from Aug.19.

PNB Housing Finance: Board approved raising Rs 1,800 crore via preferential issue/rights issue.

Ruchi Soya Industries: Acharya Balkrishna resigned from the post of managing director.

IIFL Wealth Management: Board declared special dividend of Rs 40 per share. Record date is set on Aug. 27. Dividend yield is 3.58% of the closing price as on Aug.19.

Cosmo Films: Board has given in-principle approval for company's foray in pet care business. Pilot launch is expected by early next year with an investment of Rs 15 crore over the next 18 months in NCR.

NTPC said in a press release that it would be able to reduce the transportation cost of coal to fuel to its NTPC Kudgi Super thermal power station in Karnataka, to around Rs 200-500 per metric tonnes thereby bringing down the cost of electricity generation, with a newly constructed bridge.

Yes Bank has sold its entire stake of 6.34 crore shares (10.12% stake) in CG Power & Industrial Solutions, in various tranches.

Mastek: Abakkus Growth Fund increased stake from 4.96% to 5.9% from March 9-July 

FNO CUES

 F&O Cues

Nifty August futures closed at 11,428; premium of 20 points vs premium of 20 points

Nifty August futures Open Interest down 6%, sheds 6.5 lakh shares in Open Interest

Nifty Bank August futures closed at 22,313; premium of 27 points versus premium of 29 points

Nifty Bank August futures Open Interest down 6%, sheds 79,000 shares in Open Interest

Options

Nifty PCR at 1.6

Nifty Monthly Expiry: Aug 20

Max Open Interest on call side at 11,500 (35.7 lakh shares)

Max Open Interest on put side at 11,400 (28.1 lakh shares)

Active options: 11,400 Put (15.2 lakh shares), 11,500 Call (7.8 lakh shares)

Nifty Monthly Expiry: Aug 27

Max Open Interest on call side at 11,500 (23.9 lakh shares)

Max Open Interest on put side at 11,000 (36 lakh shares)

Key Events

 These are some of the main moves in markets:

Stocks

The S&P 500 dipped 0.4% as of 4 p.m. New York time.

The Stoxx Europe 600 Index advanced 0.7%.

The MSCI Asia Pacific Index sank 0.5%.

Currencies

The Bloomberg Dollar Spot Index jumped 0.6%.

The euro sank 0.8% to $1.184.

The Japanese yen weakened 0.6% to 106.08 per dollar.

Bonds

The yield on 10-year Treasuries increased one basis point to 0.68%.

Germany’s 10-year yield fell one basis point to -0.47%.

Britain’s 10-year yield advanced two basis points to 0.236%.

Commodities

The Bloomberg Commodity Index declined 0.2%.

West Texas Intermediate crude fell 0.1% to $42.83 a barrel.

Gold deprec