09 Jul
BSE Closed @ 52386.19 ❌ 182.75
Nse Closed @ 15689.80 ❌ 38.10
BankNifty Closed @ 35071.95 ❌ 202.15
India VIX Closed 12.9425 ❌ 0.6175 Points.
Weekly 05 -- 09 Jul
BSE Closed @ 52386.19 ❌ 98.48
Nse Closed @ 15689.80 ❌ 32.40
BankNifty Closed @ 35071.95 ✅ 262.05
India VIX Closed 12.9425 ✅ 0.8525 Points.
Stocks in News
Tata Consultancy Services: The company reported lower consolidated profit at Rs 9,008 crore in Q1FY22 against Rs 9,246 crore in Q4FY21, revenue increased to Rs 45,411 crore from Rs 43,705 crore YoY.
Tata Steel: CARE upgraded long term credit rating on the company to AA+ from AA and the outlook to Stable from Negative.
Bharat Dynamics: The company has signed a contract worth about Rs 499 crore with the Ministry of Defence for the manufacture and supply of Akash Missiles to the Indian Air Force.
Texmaco Rail & Engineering: CARE reaffirmed long term credit rating on the company at A-, but downgraded outlook to Negative from Stable.
Jammu & Kashmir Bank: The Reserve Bank of India has imposed a penalty of Rs 1 crore on the bank, on account of contravention of directions contained in circulars on 'Lending to Non-Banking Financial Companies (NBFCs) and Bank Finance to Non-Banking Financial Companies (NBFCs)'.
Sangam Renewables: The company divested its entire stake in its subsidiary Waacox Energy to Aditya Birla Renewable at an enterprise value of Rs 81,57,55,500 on the transaction. The company will use these proceeds to reduce its short-term debt by Rs 40,32,92,379 on a standalone basis.
Results on July 9 & 10, and Analysts/Investors Meeting
Results on July 9: Delta Corp, Excel Realty N Infra, Integrated Capital Services, K&R Rail Engineering, Madhucon Projects, Mapro Industries, Metalyst Forgings, Pil Italica Lifestyle, Suryavanshi Spinning Mills, Valencia Nutrition, and Vikas Lifecare will release quarterly earnings on July 9.
Results on July 10: Avenue Supermarts, PTC Industries, Castex Technologies, Gujarat Hotels, Indo-City Infotech, and Oriental Trimex will release quarterly earnings on July 10.
Galaxy Surfactants: The company's officials will meet analysts and investors on July 9.
HPL Electric & Power: The company's officials will meet Abakkus Asset Management on July 9.
Aptech: The company's officials will meet Haitong Securities on July 9.
Rushil Decor: The company's officials will meet analysts and investors in an Institutional Conference organised by Asian Markets Securities (AMSEC) on July 9.
HFCL: The company's officials will meet analysts and investors on July 13.
Finolex Cables: The company's officials will meet HDFC Standard Life on July 14, and Capital World Investors on July 15.
Stock under F&O ban on NSE 9-Jul-21
1 IBULHSGFIN
2 NATIONALUM
3 NMDC
4 PNB
5 SAIL
Today's Corporate Action 9th Jul Ex Date
CONTROLPR Final Dividend - Rs. - 4.5000
DRREDDY Final Dividend - Rs. - 25.0000
KIRLPNU Final Dividend - Rs. - 3.5000
NAVINFLUOR Final Dividend - Rs. - 6.0000
TRENT Final Dividend - Rs. - 0.6000
Today's Key Results/Board Meetings 9-Jul-21
AAL A.G.M.;Bonus issue;Increase in Authorised Capital;General
AJEL Audited Results
DELTACORP Quarterly Results
EXCEL Quarterly ResultsI
CSL Quarterly Results
KRRAIL Audited Results
MADHUCON Audited Results
MAPROIN Audited Results
PILITA Quarterly Results
VALENCIA Audited Results;General
Here are some events to watch this week:
The Group of 20 finance ministers and central bankers meet in Venice on Friday
China PPI and CPI data released on Friday
These are some of the main moves in markets:
Stocks
The S&P 500 fell 0.9% as of 4:01 p.m. New York time
The Nasdaq 100 fell 0.6%
The Dow Jones Industrial Average fell 0.8%
The MSCI World index fell 1%
Currencies
The Bloomberg Dollar Spot Index fell 0.2%
The euro rose 0.5% to $1.1847
The British pound fell 0.1% to $1.3785
The Japanese yen rose 0.8% to 109.78 per dollar
Bonds
The yield on 10-year Treasuries declined two basis points to 1.29%
Germany’s 10-year yield was little changed at -0.31%
Britain’s 10-year yield advanced one basis point to 0.61%
Commodities
West Texas Intermediate crude rose 1.3% to $73.13 a barrel
Gold futures were little changed
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