Closing Index

 09 Nov 20 

BSE CLOSED @ 42597.43 ✅ 704.37 Points 

NSE CLOSED @ 12461.05 ✅ 197.50 Points 

BankNifty Closed 27534.10 ✅ 735.15 Points 

India VIX Closed 20.1125 ❌ 0.3850 Points.

Fno Ban Stocks 09.11.2020

 Stock under F&O ban on NSE 9-Nov-20

1 JINDALSTEL

2 SAIL

Corporate Actions

Today's Corporate Action 9th Nov Ex Date

ASIANTILES Dividend - Rs. - 0.70

EMBASSY Income Distribution RITES 

INDIGRID Income Distribution (InvIT)

KHAICHEM Interim Dividend - Rs. - 0.10

MASTEK Interim Dividend - Rs. - 5.50

SHARDACROP Interim Dividend - Rs. - 2.00

SRTRANSFIN Interim Dividend - Rs. - 6.00

Fno Analysis

 F&O Cues

Nifty November futures end at 12,262; discount of 4 points from premium of 32 points.

Nifty November futures shed 1% and 1 lakh shares in Open Interest.

Nifty Bank November futures end at 26,738; discount of 61 points from 6 points

Nifty Bank November futures add 3% and 54,000 shares in Open Interest.

Nifty Put-Call Ratio at 1.54

Enters F&O Ban: JSPL

Stocks In F&O Ban: SAIL, JSPL

Nifty: November 12 Expiry

Maximum Open Interest on Call side at 12,500 strike (19.3 lakh shares)

Maximum Open Interest on Put side at 12,000 strike (30 lakh shares)

Active Options: 12,100 Put (+13 lakh shares) and 12,500 Call (+6.2 lakh shares)

Nifty: November 26 Expiry

Maximum Open Interest on Call side at 12,500 strike (17 lakh shares)

Maximum Open Interest on Put side at 11,500 strike (24.8 lakh shares) 

Results

Non-Nifty Earnings Today: ADF Foods, Dalmia Bharat Sugar, Delta Corp, Equitas Small Finance Bank, Honeywell Automation, IndiaMART InterMESH, JK Cement, Liberty Shoes, Parag Milk Foods, Shankara Building Products, VIP Industries, Venky's, Zuari Agro. 

Results on November 9

IndiaMART InterMESH, Oil India, ADF Foods, Bayer Cropscience, Delta Corp, Dredging Corporation of India, Equitas Small Finance Bank, Honeywell Automation, JK Cement, NOCIL, Parag Milk Foods, PC Jeweller, PSP Projects, PTC India, Shankara Building Products, Sun Pharma Advanced Research Company, SREI Infrastructure Finance, Triveni Engineering, Venky's India, VIP Industries and Zuari Agro Chemicals are among 253 companies to declare their quarterly earnings on November 9.

Stock To Watch On Trade

Ashok Leyland: Company reported consolidated loss at Rs 146.7 crore in Q2FY21 against profit of Rs 38.9 crore, revenue fell to Rs 2,836.6 crore from Rs 3,929.5 crore YoY.

Bharat Electronics: Company reported higher profit at Rs 397 crore in Q2FY21 compared to Rs 339 crore, revenue jumped to Rs 3,188.7 crore from Rs 2,742.7 crore YoY.

Union Bank of India: Bank has reported net profit at Rs 516.6 crore in Q2FY21 against Rs 332.74 crore, net interest income fell to Rs 6,293 crore from Rs 6,403.2 crore QoQ.

Cipla: Company has reported higher consolidated profit at Rs 661.8 crore in Q2FY21 compared to Rs 480 crore, revenue increased to Rs 5,038.3 crore from Rs 4,395.8 crore YoY.

Vedanta: Company reported lower consolidated profit at Rs 824 crore in Q2FY21 compared to Rs 2,158 crore, revenue fell to Rs 21,107 crore from Rs 21,958 crore YoY.

BHEL: Company reported consolidated loss at Rs 552 crore in Q2FY21 against profit of Rs 121.7 crore, revenue fell to Rs 3,696 crore from Rs 6,226.9 crore YoY.

Dilip Buildcon: Emerges as L-1 bidder for development and operation of Siarmal open cast project in Odisha. The mineable reserve to be exploited over a period of 25 years is 1,091 million metric tons and has a contract value of Rs 37,215.6 crore. The company’s arm has also executed a concession agreement with the National Highways Authority of India for a bid cost of Rs 1,140.5 crore for a four-laning project.

Biocon: Biocon Biologics has received capital infusion worth Rs 1,125 crore or $150 million from Goldman Sachs. As per terms of the agreement, Goldman Sachs will be issued optionally convertible debentures at a post money equity valuation of $3.94 billion.

Lakshmi Vilas Bank: Says due diligence with Clix Capital continues. Both sides are in the process of a workable and mutually acceptable framework. The Bank's board has also approved the issue of equity shares worth up to Rs 500 crore through a rights issue and ICICI Securities has been appointed the merchant banker for the same.

Voltas: Board gives in-principle approval for restructuring B2B business. Domestic projects business relating to MEP/HVAC and water projects and contracts, the Mining & Construction equipment business and Textile Machinery division will be transferred to a 100% wholly-owned subsidiary on a slump sale basis as a going concern.

Adani Gas: Has announced a strategic collaboration with Italy-based Snam - Europe's leading gas infrastructure company. The two intend to explore several opportunities in the energy space. A non-binding agreement has been signed between the two companies to create a Joint Venture for setting-up a CNG compressors manufacturing facility in India.

Vedanta: Overseas arm extends loans to Vedanta Resources and its subsidiaries. The loan extended to the parent company now stands at $956 million and carries an interest rate of 7%. The loan during Q1FY21 stood at $307 million. The auditors had expressed their inability to comment on whether the loan has been recorded at fair value. The management believes that these balances have been recorded at fair value.

NTPC: Unit-2 of 800 MW of Lara Super Thermal Power Station Stage-I has been declared commercially operative with effect from November 7.

Care Ratings: Aditya Birla Sun Life Mutual Fund reduced stake to 3.03% from 5.07% on November 4.

ICICI Prudential Life Insurance: Board allotted NCDs worth Rs 1,200 crore.

Canara Bank: Cuts MCLR between 5-15 basis points across various tenors from November 7. One-month MCLR now at 6.8% while one-year MCLR at 7.35%.

ONGC: Board approves selling 125 crore equity shares or 49% stake in OMPL to MRPL, a subsidiary of the company. The proposed restructuring will not result in any change in the shareholding of MRPL.

Aban Offshore: Gets notice from NCLT Chennai for a hearing on November 10 in respect of an application filed by one of the financial creditors under insolvency proceedings for a default of Rs 190.3 crore.

World Market

 Asian markets are ready to react to the election result after U.S. stocks sputtered on Friday. The dollar began the week with modest declines, extending last week’s move, as markets continued to price in a future under Joe Biden. The Australian and New Zealand dollars climbed in early Monday trading. Turkey’s lira rose after the nation’s economy czar and central bank chief departed. Global equities are coming off the best week since April — they rose more than 7% last week — as technology shares outperformed. Biden's win may give a boost to emerging markets.

Dow futures rise 200 points after Biden wins presidency as post-election rally continues

Stocks were set to continue their big post-election rally as futures rose in overnight trading on Sunday. The gains came as Democrat Joe Biden defeated incumbent Donald Trump in the U.S. presidential race to become president elect, according to NBC projections.

Futures on the Dow Jones Industrial Average rose 220 points, implying an opening gain of about 200 points on Monday. S&P 500 futures climbed 0.9% and Nasdaq 100 futures rose 1.4%.

Stocks Rise on Biden Victory; Dollar Edges Lower: Markets Wrap

U.S. stock futures climbed with Asian equities Monday in a continuation of last week’s risk-on pattern after Joe Biden was declared the winner of the presidential race on Saturday. The dollar extended declines.

S&P 500 futures were up about 1% in early trading, building on the strongest week since April for the benchmark, as the president-elect prepared to launch his transition effort. Stocks rose in Japan, Australia and South Korea. The yuan and euro ticked higher alongside the Australian and New Zealand dollars. Treasuries slipped.