17 MAR 2022
Bse Sensex Closed @ 57863.93 ⬆️ 1047.28 Points
Nse Nifty Closed @ 17287.05 ⬆️ 311.70 Points
Bank Nifty Closed @ 36428.55 ⬆️ 680.30 Points
India VIX Closed @ 22.6100 ⬇️ 1.5075 Points
Weekly 14 -- 17 MAR 2022
Bse Sensex Closed @ 57863.93 ⬆️ 2313.63 Points
Nse Nifty Closed @ 17287.05 ⬆️ 656.60 Points
Bank Nifty Closed @ 36428.55 ⬆️ 1882.30 Points
India VIX Closed @ 22.6100 ⬇️ 2.7350 Points
Stocks in News
Yasho Industries: The specialty and fine chemicals maker has received board approval for a capital expenditure of Rs 350 crore in Phase 1 for its greenfield project at Pakhajan (Dahej), Gujarat. The company intends to manufacture lubricant additives and rubber chemicals with a total capacity of 15,500 MT per annum in phase 1 at this new facility. Post expansion, the total manufacturing capacity will increase from 11,000 MTPA to 26,500 MTPA with a revenue potential of Rs 500 crore to Rs 550 crore in Phase 1 at full capacity utilisation. The project is expected to be completed in 24 months after receiving all necessary governmental approval.
Indiabulls Housing Finance: The board on March 22 will consider raising of funds via bonds, in one or more tranches, on private placement basis.
Om Infra: The company secured two prestigious contracts from Public Health Engineering Department, Region Churu (Rajasthan).
Oil India: The firm said subsidiary Numaligarh Refinery will invest Rs 6,555 crore for implementation of petrochemical project at Numaligarh, Assam. The board also approved formation of a joint venture company between Assam Gas Company (AGCL) and Oil India (OIL) for the three geographical areas offered by Petroleum and Natural Gas Regulatory Board [PNGRB].
Glaxosmithkline Pharmaceuticals: The company has completed the transaction for sale of its trademarks pertaining to 'lodex' and 'Ostocalcium' brands in India to GlaxoSmithKline Asia Private Limited.
Voltas: The company will enter into a joint venture arrangement with Highly International (Hong Kong), a wholly-owned subsidiary of Shanghai Highly (Group) Company. With this JV, the company will engage in the business of design, development, manufacture, marketing, sale and service of inverter compressors for room air-conditioners, motors for inverter compressors, and their associated parts including sourcing of raw materials & components required for manufacturing these products.
Investors Meet
Krsnaa Diagnostics: The company's officials will meet IDFC Mutual Fund.
Poonawalla Fincorp: The company's officials will meet ICICI Securities.
Sobha: The company's officials will meet ICICI Securities.
Bharat Forge: The company's officials will meet Blackrock, and Sundaram MF.
Ambuja Cements: The company's officials will meet Millennium Partners (Singapore).
Prince Pipes and Fittings: The company's officials will meet DSP Investment Managers.
Metropolis Healthcare: The company's officials will meet Centrum Broking.
Today's Corporate Action 17th Mar Ex Date
ASMTEC Right Issue of Equity Shares
AYOME E.G.M.
INNOVATIVE E.G.M.
SUNTV Interim Dividend - Rs. - 5.0000
Today's Key Results/Board Meetings 17-Mar-22
BEL Interim Dividend
DIKSAT General
EASTWEST General
ENCASH General
MANAPPURAM General
MISQUITA General
Stock under F&O ban on NSE 17-Mar-22
1 BALRAMCHIN
Some of the main moves in markets:
Stocks
S&P 500 futures rose 0.2% as of 9:23 a.m. in Tokyo. The S&P 500 rose 2.2%
Nasdaq 100 futures rose 0.2%. The Nasdaq 100 rose 3.7%
Japan’s Topix index climbed 2.4%
South Korea’s Kospi index increased 1.8%
Australia’s S&P/ASX 200 index climbed 1.1%
Hang Seng Index futures jumped 5% earlier
Currencies
The Japanese yen was at 118.94 per dollar, down 0.2%
The offshore yuan was at 6.3643 per dollar
The Bloomberg Dollar Spot Index rose 0.1%
The euro was at $1.1031
Bonds
The yield on 10-year Treasuries fell one basis point to 2.17%
Australia’s 10-year yield increased four basis points to 2.53%
Commodities
West Texas Intermediate crude rose 0.7% to $95.73 a barrel
Gold was at $1,927.20 an ounce
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