Closing Indices

07 JUNE 202 

Bse Sensex Closed @ 55107.34 🔽 567.98 Points 

Nse Nifty Closed @ 16416.35 🔽 153.20 Points 

Bank Nifty Closed @ 34996.00 🔽 314.20 Points 

India VIX Closed @ 20.4250 🔼 0.2225 Points 

Investors Meet

State Bank of India: The bank's officials will participate in Morgan Stanley Virtual India Summit, and Nomura Investment Forum Asia 2022. 

Axis Bank, Sun Pharma, Mahindra & Mahindra, Hindustan Unilever, Larsen & Toubro, Motherson Sumi Systems, and Metropolis Healthcare: Officials of companies will attend Morgan Stanley Virtual India Summit. 

Tata Steel: The company's officials will participate in JP Morgan Asia Credit Conference 2022. 

FSN E-Commerce Ventures (Nykaa): The company's officials will meet Credit Suisse Securities, BofA Securities, T Rowe Price, and attend Morgan Stanley's Virtual India Summit 2022. 

Ceat: The company's officials will meet Yes Securities India. 

Pidilite Industries: The company's officials will meet Trident Capital. 

UltraTech Cement: The company's officials will meet M&G Investments. 

Nuvoco Vistas Corporation: The company's officials will meet Ambit Capital. 

KEI Industries: The company's officials will meet Systematix Shares and Stocks (India). 

Voltas: The company's officials will meet Invesco, London. 

Asian Paints: The company's officials will meet RBC Global Asset Management, and participate in Credit Suisse 2022 Asia Virtual Consumer Corporate Day. 

Crompton Greaves Consumer Electricals: The company's officials will meet LGM Investments. 

Tata Motors: The company's officials will meet Burgundy Asset Management, Canada Pension Plan Investment Board - Hong Kong, Cathay Financial Holdings - Taiwan, and China Life Franklin Asset Management - Hong Kong etc 

Balrampur Chini Mills: The company's officials will participate in J P Morgan Asia Agriculture Conference. 

Endurance Technologies: The company's officials will meet Bajaj Allianz Life Insurance Company. 

Deepak Fertilisers and Petrochemicals Corporation: The company's officials will attend J P Morgan Asia Agriculture Conference, and will meet ICICI Prudential AMC, Max Life Insurance Company, Invesco AMC, and HDFC MF. 

Dr Lal PathLabs: The company's officials will meet Jefferies. 

IIFL Finance: The company's officials will meet Theleme Partners.

In News

In News

SBI Cards and Payment Services: The company has received approval from the board of directors for its fund raising of Rs 2,500 crore. The company will raise funds by way of issuance of non-convertible debenturess (NCDs) in one or more tranches, on private placement basis. 

HLE Glascoat: The company informed exchanges that the board has approved sub-division of existing one equity share of face value Rs 10 each, into fully paid up into five equity shares of Rs 2 each, and also fund raising up to Rs 350 crore. 

NMDC: The state-owned mineral producer has fixed a price of lump ore at Rs 4,400 per tonne, and Fines at Rs 3,310 per tonne. These prices are excluding royalty, DMF, NMET, cess, forest permit fee and other taxes. 

Shriram City Union Finance: Promoters - Shriram Value Services & others acquired 13.5 lakh equity shares or 2.03 percent stake in the company via open market transactions. With this, their shareholding in the company stands increased to 36.34 percent, up from 34.31 percent earlier. 

Pharmaids Pharmaceuticals: Promoter Sadhanala Venkata Rao sold 6.98 percent stake in the company via open market transactions on June 6. With this, Rao's shareholding in the company stands reduced to 15.41 percent, down from 22.39 percent earlier. 

Dish TV India: Promoter entity World Crest Advisors LLP offloaded 0.51 percent equity stake in the company via open market transactions. With this, its shareholding in the company stands reduced to 0.05 percent, down from 0.56 percent earlier. Another promoter Direct Media Distribution Ventures also sold 1.53 percent stake in the company and reduced shareholding to 0.56 percent from 2.09 percent earlier.

Corporate Updatrs

Today's Corporate Action 7th June Ex Date

AARCOM Amalgamation
GICRE Interim Dividend - Rs. - 2.2500
PGIL Interim Dividend - Rs. - 5.0000


Today's Key Results/Board Meetings 7-Jun-22

ACROW General
ALANKIT A.G.M.;Final Dividend;General
BRFL Audited Results
CINELINE Issue Of Warrants;Preferential Issue of shares
DEVIT Stock Split
GENESYS Audited Results
MACH Audited Results;Half Yearly Results;General
POLOHOT Audited Results
SOUTHBANK General


Stock under F&O ban on NSE 7-Jun-22

None

Market Movers

Some of the main moves in markets:

Stocks

The S&P 500 rose 0.2% as of 2:43 p.m. New York time
The Nasdaq 100 rose 0.3%
The Dow Jones Industrial Average was little changed
The MSCI World index rose 0.3%

Currencies

The Bloomberg Dollar Spot Index rose 0.3%
The euro fell 0.3% to $1.0691
The British pound rose 0.4% to $1.2534
The Japanese yen fell 0.8% to 131.95 per dollar

Bonds

The yield on 10-year Treasuries advanced 10 basis points to 3.03%
Germany’s 10-year yield advanced five basis points to 1.32%
Britain’s 10-year yield advanced nine basis points to 2.25%

Commodities

West Texas Intermediate crude fell 0.5% to $118.32 a barrel
Gold futures fell 0.3% to $1,844.50 an ounce