16 Oct 20
BSE CLOSED @ 39982.98 ✅ 254.57 Points
NSE CLOSED @ 11762.45 ✅ 82.10 Points
BankNifty Closed 23533.25 ✅ 460.85 Points
India VIX Closed 21.6450 ❌ 0.3675 Points
Weekly 12 -- 16 Oct
BSE CLOSED @ 39982.98 ❌ 526.51 Points
NSE CLOSED @ 11762.45 ❌ 151.75 Points
BankNifty Closed 23533.25 ❌ 313.55 Points
India VIX Closed 21.6450 ✅ 1.2650 Points
F&O Cues
Nifty October futures closed at 11,675; discount of 5 points from premium of 2 points
Nifty October futures add 0.7% and 74,000 shares in Open Interest
Nifty Bank October futures closed at 23,945; discount of 36 points from premium of 70 points
Nifty Bank October futures shed 6% and 98,000 shares in Open Interest
Nifty Put-Call Ratio at 1.36
Nifty Weekly Expiry: October 22
Maximum Open Interest on Call side at 12,500 strike (26.6 lakh shares)
Maximum Open Interest on Put side at 11,000 strike (15 lakh shares)
Active Options: 11,000 Put (8.2 lakh shares) and 12,500 Call (22.1lakh shares)
Nifty Monthly Expiry: October 29
Maximum Open Interest on Call side at 12,500 strike (24 lakh shares)
Maximum Open Interest on Put side at 10,500 strike (33.7 lakh shares)
Persistent Systems enters into an agreement to acquire Palo Alto-based CAPIOT
Indian Bank - India Ratings & Research reaffirmed ratings of Indian Bank's outstanding Tier II bonds
Coforge - Board meeting on October 22 to consider financial result for the quarter-ended September 30
Dhanuka Agritech - Buyback to open on October 20 and close on November 2
CreditAccess Grameen to issue non-convertible debentures (NCDs) worth Rs 100 crore
MindTree Q2 net profit jumps 19% QoQ to Rs 253.7 crore. Rupee revenue stood at Rs 1,926 crore against Rs 1,909 crore
AstraZeneca Pharma will launch Calquence in India on October 21
AstraZeneca Pharma: To launch Calquence in India on October 21. Company had received import and market permission from Drugs Controller General of India on March 12. The drug is used to treat various types of blood cancer.
UPL: KPMG has resigned as the auditor with effect from October 8 for company’s material arm in Mauritius - UPL Corporation.
Sun Pharma: Clarified on the news of SEBI probe of its ex-board member Ashwin Dani, saying that it has not received any information or notice either from SEBI or anyone regarding the matter.
Bharti Airtel: Competition Commission of India approves completion of first closing of the company's arm Nxtra Data to the Carlyle group. The company on July 1 had announced that the Carlyle Group will acquire 25% stake in the company's data centre business at a valuation of $1.2 billion.
Persistent Systems: To acquire entire business of U.S.-based Capiot Software for $6.34 million. Additional incentive-based payments for the next three years amount to another 6 million. The acquisition is subject to customary closing conditions and is likely to be completed within 2-4 weeks.
Mindtree: Has appointed Dayapatra Nevatia, Chief Operating Officer as Executive Director (Additional Director) of the company till October 2025.
Nifty Earnings Today: HCL Technologies
Non-Nifty Earnings Today: Bajaj Consumer Care, Federal Bank, Phillips Carbon Black, IIFL Securities, Shoppers Stop, Tata Communications, Tinplate, Uniply Industries, Shakti Pumps
Stock under F&O ban on NSE 16-Oct-20
1 ADANIENT
2 BHEL
3 CANBK
4 ESCORTS
5 IBULHSGFIN
6 IDEA
7 JINDALSTEL
8 MINDTREE
9 PNB
10 PVR
11 SAIL
Today's Corporate Action 16th Oct Ex Date
HIMTEK Dividend - Rs. - 0.2000
Today's Board Meetings 16-Oct-20
AMAL Quarterly Results
ANJANIFIN Quarterly Results
CHANDRAP General;Quarterly Results
FEDERALBNK Quarterly Results
GANGOTRI Quarterly Results
HCLTECH Interim Dividend;Quarterly Results
INDIANVSH Audited Results
Stocks
The S&P 500 decreased 0.2% as of 4 p.m. New York time.
The Stoxx Europe 600 Index sank 2.1%.
The MSCI Asia Pacific Index decreased 1.1%.
Currencies
The Bloomberg Dollar Spot Index gained 0.4%.
The euro dipped 0.4% to $1.1704.
The British pound fell 0.9% to $1.2897.
The Japanese yen weakened 0.2% to 105.42 per dollar.
Bonds
The yield on 10-year Treasuries rose less than one basis point to 0.73%.
Germany’s 10-year yield fell three basis points to -0.61%.
Britain’s 10-year yield sank four basis points to 0.18%.
Commodities
The Bloomberg Commodity Index rose 0.6%.
West Texas Intermediate crude decreased 0.1% to $41.01 a barrel.
Gold strengthened 0.3% to $1,907.49 an ounce.
Stocks Trim Losses Amid Stimulus Talks, Bank Rally: Markets Wrap
Stocks pared losses as traders awaited news on negotiations over a fresh round of stimulus amid a resurgence in coronavirus cases around the globe. The dollar climbed.
The S&P 500 came off session lows as banks rebounded from a two-day selloff and energy shares rallied. House Speaker Nancy Pelosi told Democrats that a Covid-19 relief package won’t wait until January as she was scheduled to have another call with Treasury Secretary Steven Mnuchin, while President Donald Trump said he’d go over $1.8 trillion in stimulus. Equities slumped earlier in the day as Europe’s biggest cities clamped down to curb the virus, adding to concern that further restrictions could cause more damage to the global economy.
Asian stocks looked set for a mixed start Friday as traders awaited news on U.S. stimulus negotiations and coronavirus cases rose in some parts of the world. U.S. shares edged lower and the dollar climbed. Futures dipped in Japan and Australia, and rose in Hong Kong. The S&P 500 came off session lows as banks rebounded from a two-day selloff and energy shares rallied. House Speaker Nancy Pelosi told Democrats that a Covid-19 relief package won’t wait until January, while President Donald Trump said he’d go over $1.8 trillion in stimulus. Treasuries were steady, while crude oil ticked lower.
tocks Drift Amid Virus Jitters, Stimulus Deadlock: Markets Wrap
Asian stocks and U.S. futures were mixed Friday as investors mulled continued talks over U.S. stimulus and the economic impact of fresh restrictions against the resurgent coronavirus in some parts of the world.
Shares dipped in Tokyo and Sydney and saw modest gains in Seoul. S&P 500 futures edged higher after the benchmark came off its session lows as banks rebounded from a two-day selloff and energy shares rallied. President Donald Trump said he is willing to go beyond the $1.8 trillion offer for relief that’s already been offered, but Senate Majority Leader Mitch McConnell rejected that. Earlier, small-cap shares pushed higher while the Nasdaq underperformed. Elsewhere, Treasuries and the dollar were steady, while crude oil ticked lower.
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