16 Apr
BSE CLOSED @ 48832.08 ✅ 28.35 Points
NSE CLOSED @ 14617.85 ✅ 36.40 Points
BankNifty Closed 31977.45 ❌ 135.40 Points
India VIX Closed 20.4025 ❌ 0.4875 Points.
Weekly 12--16 Apr
BSE CLOSED @ 48832.08 ❌ 759.29 Points
NSE CLOSED @ 14617.85 ❌ 217 Points
BankNifty Closed 31977.45 ❌ 470.60 Points
India VIX Closed 20.4025 ✅ 0.6175 Points.
Today's Corporate Action 16th Apr Ex Date
SHARDA Stock Split From Rs.10/- to Rs.2/-
Today's Key Results/Board Meetings 16-Apr-21
ASITCFIN Amalgamation;General
MINDTREE Final Dividend;Quarterly Results
Stocks in News
Wipro: The company reported higher IT services revenue at Rs 16,334 crore in Q4FY21 against Rs 15,726.6 crore in the previous quarter, and expects dollar revenue in Q1FY22 in the range of $2,195-2,238 million.
National Fertilizers: The government intimated regarding an issue of request for proposals (RFP) for engagement of legal advisors, merchant bankers and selling brokers for the disinvestment of 20 percent stake in National Fertilizers out of its shareholding through the offer for sale route.
Ashoka Buildcon: The company has received a Letter of Award (LOA) from Gujarat Rail Infrastructure Development Corporation (G-RIDE) for the project - Gauge Conversion of Bechraji - Ranuj section, with 25 KV AC electrification in Ahmedabad division of Western Railway. The accepted project cost is Rs 333.625 crore.
Seshasayee Paper & Boards: CARE has re-affirmed the credit rating of 'A+' assigned to the long term bank facilities of the company, with outlook as 'stable'. The rating agency also re-affirmed the credit rating of 'A1+' assigned to the short term bank facilities of the company.
ISGEC Heavy Engineering: Goldman Sachs increased stake in the company to 1.88 percent (or 13,83,655 equity shares) at the end of March quarter 2021, from 1.33 percent (or 9,75,423 equity shares) in December quarter 2020.
Some key events to watch this week:
China economic growth, industrial production and retail sales figures are on Friday.
These are some of the main moves in financial markets:
Stocks
The S&P 500 Index rose 1.1% to a record high as of 4:02 p.m. New York time
The NASDAQ Composite Index rose 1.3%, more than any closing gain since April 5
The Dow Jones Industrial Average rose 0.9% to a record high
The MSCI World Index rose 0.9% to a record high
Currencies
The Bloomberg Dollar Spot Index fell 0.1%, falling for the fourth straight day, the longest losing streak since April 6
The euro was unchanged at $1.20
The British pound climbed 0.1%, rising for the fourth straight day, the longest winning streak since Feb. 24
The Japanese yen climbed 0.2%, rising for the fourth straight day, the longest winning streak since Feb. 22
Bonds
The yield on 10-year Treasuries declined 8.1 basis points, more than any closing loss since Feb. 26
Germany’s 10-year yield declined 3.2 basis points, more than any closing loss since April 1
Britain’s 10-year yield declined 6.7 basis points, more than any closing loss since March 2
Commodities
West Texas Intermediate crude rose 0.3%, climbing for the fourth straight day, the longest winning streak since Feb. 25
Gold futures rose 1.7%, the most since March 30
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