Closing Index

25 May 

BSE CLOSED @ 50637.53 ❌ 14.37 Points 

NSE CLOSED @ 15208.45 ✅ 10.75 Points 

BankNifty Closed 34662 ❌ 281.60 Points 

India VIX Closed 18.8425 ❌ 0.2875 Points.

IN News

Stocks in news

Grasim Industries: The company has posted a 35.7 percent jump in its Q4 net profit at Rs 480.2 crore versus Rs 353.8 crore and revenue was up 18.4 percent at Rs 4,394.2 crore versus Rs 3,712.1 crore, YoY, reported CNBC-TV18.

Kanpur Plastipack: Board of directors approved the payment of special interim dividend at 10 percent i.e Re 1 per equity share.

Bal Pharma: The company launched Favipiravir formulation into the Indian market, under the brand name BALflu.

Lakshmi Machine Works: The company recommended a dividend of Rs 10 per equity share for the financial year ended March 31, 2021.

Punjab National Bank: Ashutosh Choudhury, General Manager (empanelled as Chief General Manager) has assumed the office of Group Chief Risk Officer (GCRO) of the bank w.e.f. 24.05.2021.

GMM Pfaudler: The company has commenced manufacturing operations at its facility at Vatva near Ahmedabad on May 24, 2021.

Bannari Amman Sugars: The company's board of directors recommended final dividend of Rs 10 per equity share (100 percent).

JK Paper: The company's board of directors recommended a final dividend of Rs 4 per equity share (40 percent).

Fno Ban Stocks 25.05.2021

Stock under F&O ban on NSE 25-May-21

1 BHEL

2 CANBK

3 PNB

Corporate Actions / Key Results

Today's Corporate Action 25th May Ex Date

BRITANNIA Dividend - Rs. - 12.5000

BRITANNIA Scheme of Arrangement

SPECMKT E.G.M.

TCS Final Dividend - Rs. - 15.0000

TRIDENT Final Dividend - Rs. - 0.3600

Today's Key Results/Board Meetings 25-May-21

Ajmera Realty & Infra India, Alkem Laboratories, AstraZeneca Pharma India, Bajaj Electricals, Bayer Crop Science, Emami, GATI, Indoco Remedies, Newgen Software Technologies, Thermax and VIP Indus

Key Events

Here are some events this week:

Bank of Indonesia rate decision Tuesday, Reserve Bank of New Zealand policy decision Wednesday, Bank of Korea rate decision Thursday.

CEOs of the largest U.S. banks, including JPMorgan and Goldman Sachs, will testify before lawmakers in the Senate Banking and House Financial Services committees Wednesday.

U.S. initial jobless claims, GDP, durable goods, pending home sales on Thursday.

These are some of the main moves in markets:

Stocks

The S&P 500 rose 1% as of 4 p.m. New York time

The Nasdaq 100 rose 1.7%

The Dow Jones Industrial Average rose 0.5%

The MSCI World index rose 0.7%

Currencies

The Bloomberg Dollar Spot Index fell 0.2%

The euro rose 0.3% to $1.2216

The British pound was little changed at $1.4158

The Japanese yen rose 0.2% to 108.77 per dollar

Bonds

The yield on 10-year Treasuries declined one basis point to 1.61%

Germany’s 10-year yield declined one basis point to -0.14%

Britain’s 10-year yield declined two basis points to 0.81%

Commodities

West Texas Intermediate crude rose 3.7% to $66 a barrel

Gold futures rose 0.4% to $1,886 an ounce