Closing Indices

16 MAR 2022 

Bse Sensex Closed @ 56816.65 ⬆️ 1039.80 Points 

Nse Nifty Closed @ 16975.35 ⬆️ 312.35 Points 

Bank Nifty Closed @ 35748.25 ⬆️ 725.60 Points 

India VIX Closed @ 24.1175 ⬇️ 2.6125 Points

Investors Meet

Investors Meetings on March 16

UltraTech Cement: The company's officials will meet Millennium Capital. 

Birlasoft: The company's officials will attend AMSEC Investor Conference. 

Heranba Industries: The company's officials will meet Equirus Securities, Svan Investments Managers LLP, Ashmore Group, Birla Sunlife Insurance, & IDFC AMC. 

Krishna Institute of Medical Sciences: The company's officials will attend Jefferies' investor conference. 

Puravankara: The company's officials will meet Jefferies India, Edelweiss Financial Services, and Antique Stock Broking. 

Crompton Greaves Consumer Electricals: The company's officials will meet Amansa Capital, and Aberdeen Standard Investments. 

India Pesticides: The company's officials will meet Dalal & Broacha. 

Orient Electric: The company's officials will meet ICICI Securities. 

RITES: The company's officials will meet L&T Mutual Funds, Abacus, DSP Mutual Funds, and HDFC Mutual Funds. 

Trent: The company's officials will meet Jefferies India.

In News

In News

One 97 Communications (Paytm): Munish Ravinder Varma resigned as non-executive, non-independent director of the company due to personal commitments and other pre-occupations. 

Infibeam Avenues: The board has approved the appointment of Sunil Bhagat as Chief Financial Officer of the company, in place of Hiren Padhya. 

Zomato: The food delivery giant acquired a 16.66 percent stake in Mukunda Foods Private Limited, a food robotics company, for cash consideration of $5 million. The board also approved a loan of up to $150 million to Grofers India in one or more tranches. The loan to Grofers is in line with its stated intent of investing up to $400 million cash in quick commerce in India over the next 2 years. 

EKI Energy Services: The firm is in advanced discussions with some of the European oil and gas majors, to launch an initiative to supply free improved cook stoves to rural households to reduce carbon footprint and generate carbon offsets. 

Shyam Metalics and Energy: The company announced a fresh round of Rs 990 crore capital expenditure plans to further expand the capacity by 2.85 MTPA. This capital expenditure will be over and above the ongoing capital expenditure expansion of Rs 3,000 crore. 

Genus Paper & Boards: The company has successfully commenced production of duplex paper from one of the production lines at a new unit in Muzaffarnagar, Uttar Pradesh. The Muzaffarnagar unit has manufacturing facilities for the production of kraft paper and duplex paper. 

ITC: The company has acquired 1,040 compulsorily convertible preference shares of Rs 10 each of Mother Sparsh Baby Care. With this, its shareholding in Mother Sparsh stands at 16 percent.

Corporate Updates & Fno Ban Stocks For 16.03.22

Today's Corporate Action 16th Mar Ex Date

DRCSYSTEMS Stock Split From Rs.10/- to Rs.1/-
JINDALSTEL Interim Dividend - Rs. - 1.0000
KMSUGAR E.G.M.
METROBRAND Interim Dividend - Rs. - 1.5000
RELTD E.G.M.
SHIVMED Resolution Plan -Suspension
SHRIRAMCIT Interim Dividend - Rs. - 27.0000

Today's Key Results/Board Meetings 16-Mar-22

ADFFOODS General
ALLCARGO Interim Dividend
ATHARVENT General
COSPOWER General
LANDMARC General
MYSPAPE Quarterly Results
RAJNISH General
RVNL Interim Dividend
SHRICON General
SIMPLEX Quarterly Results
SMAUTO General
UNJHAFOR General
URJAGLOBA General
YASHCHEM Interim Dividend
YASHO General

Stock under F&O ban on NSE 16-Mar-22

1 BALRAMCHIN