16 June
BSE CLOSED @ 52501.98 ❌ 271.07 Points
NSE CLOSED @ 15767.55 ❌ 101.70 Points
BankNifty Closed 35003.50 ❌ 244.25 Points
India VIX Closed 14.8650 ✅ 0.2600 Points.
16 June
BSE CLOSED @ 52501.98 ❌ 271.07 Points
NSE CLOSED @ 15767.55 ❌ 101.70 Points
BankNifty Closed 35003.50 ❌ 244.25 Points
India VIX Closed 14.8650 ✅ 0.2600 Points.
Stocks in News
Flexituff Ventures International: The company reported loss at Rs 1.33 crore in Q4FY21 against Rs 7.82 crore in Q4FY20; revenue rose to Rs 265.5 crore from Rs 178.35 crore YoY.
Lupin: Life Insurance Corporation of India acquired 2.019 percent stake in Lupin via open market transaction, raising stake to 6.629 percent from 4.61 percent.
Wipro: The company collaborated with Aachen-headquartered FEV to open Innovation Lab for developing Software Defined Vehicles. The company expanded partnership with Levi Strauss & Co. to support digital commerce.
Hindustan Organic Chemicals: The company reported consolidated profit at Rs 7.5 crore in Q4FY21 against loss of Rs 20.39 crore in Q4FY20; revenue increased to Rs 110.55 crore from Rs 92.75 crore YoY.
KPI Global Infrastructure: The company signed new long term Power Purchase Agreement (PPA) with Polycab India, Vadodara for sale of 5.70 MW solar power for their different units for a period of 20 years under Independent Power Producer business vertical.
LIC Housing Finance: The company reported lower standalone profit at Rs 398.92 crore in Q4FY21 against Rs 421.43 crore in Q4FY20; revenue rose to Rs 4,967.69 crore from Rs 4,920.17 crore YoY.
Stock under F&O ban on NSE 16-Jun-21
1 ADANIPORTS
2 CANBK
3 ESCORTS
4 NATIONALUM
5 PNB
6 SUNTV
Here are some key events to watch this week:
The Federal Open Market Committee rate decision comes on Wednesday, with a news conference from Jerome Powell after
U.S. President Joe Biden and Russia’s Vladimir Putin meet Wednesday in Geneva
U.S. Treasury Secretary Janet Yellen testifies before a House panel Thursday on the federal budget
Rate decisions come from Switzerland and Norway on Thursday
The Bank of Japan’s monetary policy decision is on Friday
These are some of the main moves in markets:
Stocks
The S&P 500 fell 0.2% as of 4:01 p.m. New York time
The Nasdaq 100 fell 0.7%, more than any closing loss since June 3
The Dow Jones Industrial Average fell 0.3%, more than any closing loss since June 9
The MSCI World index fell 0.1% at 4:01 p.m. New York time, the most since June 9
Currencies
The Bloomberg Dollar Spot Index rose 0.1%, climbing for the third straight day, the longest winning streak since March 25
The euro was little changed at $1.2126
The British pound fell 0.2% to $1.4081
The Japanese yen was little changed at 110.06 per dollar
Bonds
The yield on 10-year Treasuries was little changed at 1.49%
Germany’s 10-year yield advanced two basis points to -0.23%
Britain’s 10-year yield advanced two basis points to 0.76%
Commodities
West Texas Intermediate crude rose 1.9% to $72.25 a barrel
Gold futures fell 0.3% to $1,860.10 an ounce
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