19 Mar 21
BSE CLOSED @ 49858.24 ✅ 641.72 Points
NSE CLOSED @ 14744 ✅ 186.15 Points
BankNifty Closed 34161.60 ✅ 304.80 Points
India VIX Closed 19.9875 ❌ 0.0925 Points.
Weekly 14 -- 19
Mar 21 BSE CLOSED @ 49858.24 ❌ 933.84 Points
NSE CLOSED @ 14744 ❌ 286.95 Points
BankNifty Closed 34161.60 ❌ 1335.05 Points
India VIX Closed 19.9875 ❌ 1.7200 Points.
Stocks in the news
GAIL India: State-owned natural gas company GAIL India and Ranchi Municipal Corporation has signed concession agreement for setting up compressed biogas plant in Ranchi.
Godrej Industries: Godrej Industries informed exchanges that the rating agency ICRA has assigned 'AA' rating to the company's proposed issue of non-convertible debentures of up to Rs 1,500 crore.
Deepak Nitrite: Deepak Nitrite said the rating agency CRISIL has upgraded long-term rating outlook for bank loan facilities of Rs 750 crore of the company, from 'AA-/Positive' to 'AA/Stable.
Indo Count Industries: Indo Count Industries' project management committee has approved expansion of its bed linen capacity by around 20 percent from its existing annual capacity of 90 million meters to 108 million meters by debottlenecking and balancing its facilities.
Vaibhav Global: The Shop TJC Limited, UK, a step-down subsidiary of the Vaibhav Global, has acquired E-retailer Shop LC GmbH, Germany (100 percent subsidiary). The object of the company is to expand business in Germany by selling the products to the retail consumers via television and e-commerce websites, said Vaibhav Global in its BSE filing.
Hathway Cable & Datacom: Hathway Cable & Datacom has entered into an agreement for disposing its entire 50% i.e. 5,000 equity shares having face value of Rs 10 each of Net 9 Online Hathway, a joint venture company, on March 18. The company has received a consideration of Rs 99 lakh after selling stake in the joint venture company, said Hathway in its BSE filing.
Today's Corporate Action 19th Mar Ex Date
AMBUJACEM Final Dividend - Rs. - 1.0000
PFC Interim Dividend - Rs. - 8.0000
Today's Key Results/Board Meetings 19-Mar-21
ASHIANA General
BINANIIND Quarterly Results
CHROMATIC Quarterly Results
EMAMIPAP General
KABRADG General
MANAPPURAM General
MAYUKH Stock Split
SHINEFASH General
Analysts/Board Meetings
Va Tech Wabag: The company's officials will attend PL — Capital Goods Day on March 19.
Tata Steel: The company's officials will interact with Investec Capital Service, and Neuberger Berman on March 22, and will attend 24th Credit Suisse Asian Investment Conference on March 23.
Ramco Cements: The company would be participating in the Cement Sector Conference scheduled on March 22 organised by Institutional Research - Systematix Shares and Stocks (India).
NACL Industries: The company's board meeting is scheduled to be held on March 23 to consider the payment of second interim dividend, if any, for the financial year 2020-21.
NBCC India: NBCC has confirmed its participation in Motilal Oswal Investors Conference 2021 on March 23 through video conferencing.
Centum Electronics: The company's officials will interact with SBI Mutual Fund on March 19.
DCM Shriram: The company's official will interact with TA Associates Adv. Pvt. Ltd. on March 22.
These are some key events this week:
Bank of Japan monetary policy decision and Governor Haruhiko Kuroda briefing Friday.
These are some of the moves in markets:
Stocks
The S&P 500 Index sank 1.5% to 3,915.50 as of 4:02 p.m. New York time, the lowest in more than a week on the largest tumble in three weeks.
The Dow Jones Industrial Average sank 0.5% to 32,862.37, the biggest dip in two weeks.
The Nasdaq Composite Index sank 3% to 13,116.17, the lowest in more than a week on the largest tumble in three weeks.
The Nasdaq 100 Index sank 3.1% to 12,789.14, the lowest in more than a week on the biggest tumble in three weeks.
The Stoxx Europe 600 Index rose 0.4% to 426.59.
Currencies
The Bloomberg Dollar Spot Index rose 0.5% to 1,139.39, the biggest advance in more than a week.
The euro fell 0.5% to $1.1915, the largest fall in more than a week.
The British pound fell 0.3% to $1.3928.
South Africa’s rand weakened 0.9% to 14.7799 per dollar, the largest fall in more than a week.
Bonds
The yield on two-year Treasuries gained two basis points to 0.16%, the highest in more than a week on the biggest advance in more than a week.
The yield on 10-year Treasuries jumped eight basis points to 1.72%, the highest in about 14 months.
The yield on 30-year Treasuries gained five basis points to 2.47%, the highest in almost 20 months.
Germany’s 10-year yield climbed three basis points to -0.26%, the highest in almost three weeks.
Britain’s 10-year yield increased five basis points to 0.875%, the highest in more than 21 months.
Commodities
West Texas Intermediate crude sank 8% to $59.41 a barrel, hitting the lowest in almost four weeks with its fifth straight decline and the largest tumble in 11 months.
Gold w
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