22 Jan 21
BSE CLOSED @ 48874.54 ❌ 746.22 Points
NSE CLOSED @ 14371.90 ❌ 218.45 Points
BankNifty Closed 31167.25 ❌ 1019.65 Points
India VIX Closed 22.4225 ✅ 0.2425 Points.
Weekly 18 - 22 Jan
BSE CLOSED @ 48874.54 ❌ 156.13 Points
NSE CLOSED @ 14371.90 ❌ 78.40 Points
BankNifty Closed 31167.25 ❌ 1079.55 Points
India VIX Closed 22.4225 ❌ 1.5875 Points.
Stocks To Watch
Vedanta: Mined metal production in Q3FY21 was 2.44 lakh tonnes, up 4% year-on-year, on account of higher iron ore production. Integrated metal production up 7% year-on-year to 2.35 lakh tonnes due to lower concentrate treatment. Integrated saleable silver production up 23% to 5.8 moz, due to higher lead production, partially offset by lower grade at SK mines. Iron ore production in Karnataka up 21% to 1.4 million tonnes while pig iron production down 19% to 1.45 lakh tonnes. Total saleable production of steel up 7% year-on-year to 3.4 lakh tonnes. Aluminium production at Lanjigarh refinery down 14% to 4.07 lakh tonnes
Bajaj Auto: Looking to resume booking for its electric scooter Chetak in 2-3 months. Bookings had closed in March 2020 and had not reopened due to supply chain constraints.
Asian Paints: Expects demand conditions to remain strong in Q4FY21. The company will wait to see if raw material prices sustain at these levels before taking a call on any price changes.
SRF: All business segments returned to normal operations. Specialty Chemicals business did well owing to strong demand from the overseas market, higher capacity utilisation and significant cost-savings. Fluorochemicals business saw revival in demand of refrigerants. New capacities in Thailand and Hungary aided volume growth and both BOPET and BOPP segments witnessed robust performance.
Technical textiles business did well aided by faster-than-expected recovery in the tyre industry.
Jubilant Lifesciences: Record date for the demerger of Life Sciences Ingredients from the company into Jubilant Ingrevia has been set as February 5, 2021. Shareholders will get one share of Jubilant Ingrevia for every one share held in Jubilant Life.
Transport Corporation of India: To consider interim dividend for FY21 at its board meeting on February 3, record date for which will be February 11, 2021.
Punjab & Sind Bank: NPA account of M/s Supertech Township Projects with outstanding dues of Rs 94.29 crore has been declared as fraud and reported to the Reserve Bank of India. The account has been fully provided for.
Shriram City Union Finance: Has approved the issue of Secured, principal, protected, market-linked NCDs of face value of Rs 10 lakh each for an amount of Rs 125 crore with green shoe option of upto Rs 25 crore aggregating upto 1,500 NCDs amounting to Rs 150 crore on Private Placement basis.
IEX: Has approved an interim dividend of Rs 2.50 per share of face value of Re 1 each for the financial year ending March 31, 2021. The record date for the payment of interim dividend is January 30, 2021.
Zensar Technologies: Has declared interim dividend of Rs 1.20 per share of Rs 2 each. The record date for the same is February 1, 2021.
Jindal Stainless: Has approved early redemption of secured NCDs (original allotment of 2,500 NCDs at face value of Rs 10 lakh each) having outstanding balance of Rs 52.08 crore.
Nifty Earnings Today: Reliance Industries, HDFC Life, JSW Steel, SBI Life
Non-Nifty Earnings Today: Century Textiles, Crompton Greaves Consumer Electricals, Fineotex Chemicals, Gujarat Ambuja Exports, Gland Pharma, Indian Bank, Mangalam Organics, Ramkrishna Forgings, Swaraj Engineering, Symphony, V-Mart Retail, Wendt, YES Bank, Fineotex Chemical, India Grid Trust, Oberoi Realty.
Today's Corporate Action 22nd Jan Ex Date
CESC Interim Dividend - Rs. - 45.0000
TOWERINFRA Income Distribution (InvIT)
WIPRO Interim Dividend - Rs. - 1.0000
Today's Key Results/Board Meetings 22-Jan-20
3IINFOTECH General
ACGL Quarterly Results
AMAL General;Quarterly Results
ARSSINFRA Quarterly Results
ARTSONEN Quarterly Results
AVANTEL Quarterly Results
CENTURYTEX Quarterly Results
CORNE General;Quarterly Results
CROMPTON Quarterly Results
CROWNTOURS Quarterly Results
FCL Quarterly Results
GAEL Quarterly Results
GANGOTRI Quarterly Results
GLAND Quarterly Results
HDFCLIFE Quarterly Results
INDIANB Quarterly Results
JSWSTEEL Quarterly Results
KKCL Interim Dividend;Audited Results;Quarterly Results
KOPRAN Quarterly Results
KRITIIND General;Quarterly Results
KRITINUT General;Quarterly Results
LATENT Voluntary Delisting of Shares
MANORG Quarterly Results
MENNPIS Quarterly Results
QUANTDIA General
RADHEDE Quarterly Results
RELCAPITAL Quarterly Results
RELHOME General;Quarterly Results
RELIANCE Quarterly Results
RKFORGE Quarterly Results
SBILIFE Quarterly Results
SEPOWER Quarterly Results
SHIVACEM Quarterly Results
SIMPLEX Audited Results
SUMERUIND Quarterly Results
SWARAJENG Quarterly Results
SYMPHONY General;Quarterly Results
VMART Quarterly Results
WELLESLEY General;Quarterly Results
WENDT Quarterly Results
YESBANK Quarterly Results
Some key events coming up:
Earnings are due from companies including Schlumberger Ltd. and Yes Bank Ltd.
These are the main moves in markets:
Stocks
The S&P 500 rose less than 0.1% as of 4 p.m. in New York.
The Nasdaq 100 Index added 0.8%.
The Stoxx Europe 600 Index ended flat.
The MSCI Asia Pacific Index rose 0.7%.
The MSCI Emerging Market Index gained 0.6%.
Currencies
The Bloomberg Dollar Spot Index declined 0.2%.
The euro jumped 0.4% to $1.2158.
The British pound gained 0.5% to $1.372.
The onshore yuan was little changed at 6.461 per dollar.
The Japanese yen was little changed at 103.54 per dollar.
Bonds
The yield on 10-year Treasuries gained three basis points to 1.11%.
The yield on two-year Treasuries fell one basis point to 0.12%.
Germany’s 10-year yield climbed three basis points to -0.496%.
Japan’s 10-year yield dipped one basis point to 0.043%.
Commodities
West Texas Intermediate crude declined 0.3% to $53.13 a barrel.
Brent crude was little chnaged at $56.11 a barrel.
Gold futures rose 0.1% to $1,871.90 an ounce.
SHORT TERM CALL Buy Suven Life Sciences Cmp 63 SL Below 55 Tgt 66 / 69 / 72 / 75 / 78++ In Coming Days..
