Closing Indices

17th November 2022 

Bse Sensex Closed @ 61750.60 ⬇️ 230.12 Points 

Nse Nifty Closed @ 18343.90 ⬇️ 65.75 Points 

Bank Nifty Closed @ 42458.05 ⬇️ 77.25 Points 

India VIX Closed @ 14.8775 ⬇️ 0.2225 Points

F&O Ban Stocks For 17.11.22

Stock under F&O ban on NSE 17-Nov-22

1 BALRAMCHIN 

2 BHEL 

3 DELTACORP 

4 GNFC 

5 IBULHSGFIN 

6 SUNTV

Corporate Actions

Today's Corporate Action 17th Nov Ex Date

BAYERCROP Interim Dividend - Rs. - 100.0000

DHANUKA Buy Back of Shares 

GABRIEL Interim Dividend - Rs. - 0.9000

IRFC Interim Dividend

MRF Interim Dividend - Rs. - 3.0000

ORIENTCQ Interim Dividend - Rs. - 7.0000

PAGEIND Interim Dividend - Rs. - 70.0000

PDSL Interim Dividend - Rs. - 2.5000

QUESS Interim Dividend - Rs. - 8.0000

RITES Interim Dividend - Rs. - 4.5000

SAKSOFT Interim Dividend - Rs. - 0.3500

SUNDRMFAST Interim Dividend - Rs. - 3.5700

SUNDRMFAST Special Dividend - Rs. - 2.0000

VIDHIING Interim Dividend

Today's Board Meetings 17-Nov-22

SEACOAST  General

In News

In News

Timken India: The company will be setting up new manufacturing facility at Bharuch, Gujarat to manufacture spherical roller bearings and cylindrical roller bearings and components thereof. It already has manufacturing plant at Bharuch, wherein primarily tapered roller bearings and its components are manufactured.

Waaree Technologies: Promoter Waaree ESS bought 4.64 percent stake in the company via open market transactions on November 15. With this, it increased stake in the company to 60.42 percent, from 55.78 percent earlier.

One 97 Communications: SoftBank is looking to offload $215 mn worth stake in Paytm as lock-in for pre-IPO investors ends later this week, according to Bloomberg. The Japanese investor is offering to sell 29 million shares in the company at Rs 555 to Rs 601.45 apiece, at a discount of up to 7.72 percent to the current market price.

Tera Software: The company has received work orders worth Rs 46.7 crore from Bharat Electronics, for scanning & digitizations - E Mahabhoomi Polygons in 14 districts of Maharashtra. The period for completion of work will be 19 months.

Cholamandalam Financial Holdings: ICICI Prudential Mutual Fund under its various schemes bought 3.04 lakh shares in the company via open market transactions on November 14. As a result, the shareholding of the fund increased by 2.04 percent to 7.11 percent, from 5.07 percent earlier.

Aurobindo Pharma: The company has received Establishment Inspection Report from USFDA for unit XI, an API non-antibiotic manufacturing facility at Pydibhimavaram, Andhra Pradesh. The unit was inspected by the USFDA in February 2019 and issued a warning letter in June 2019. The said unit was further inspected by USFDA during July 25 - August 2 and issued a Form 483 with 3 observations.

Ircon International: The company has emerged as the lowest bidder (L1) for construction of balance work of Bahuti canal project on turnkey basis including completion of earth work of main canal system from RD 18 to 74 km & other ancillary activities. The project was floated by Madhya Pradesh government and value of project is Rs 392.52 crore.

Hindustan Zinc: The company said the Board of Directors approved second interim dividend of Rs 15.50 per share i.e. 775 percent on face value of Rs 2/- per share for FY23 amounting to Rs 6,549.24 crore.

Stocks On Focus

Stocks On Focus

Deepak Agarwal and Rishabh Jain of Bikaji Foods say. Total market size of ethnic snacks is Rs 1.5 lakh Cr. Last few months saw major input cost pressures. Plan to expand pan India via e-commerce channels. BIKAJI Management gives guidance for FY24 : Revenues ₹2400cr. EBITDA ₹240-250cr. PAT  ₹130cr of PAT.

HINDWARE HOME - erstwhile HSIL says : Revenues will grow by 18%-20% in FY23. Guides for margins b/w 14-16% on a normalized basis. Appliances will hit ₹1000cr revenues by 2025. Debt at ₹800cr, will reduce by ₹200cr next year.

Mazagon Dock Shipbuilders says : FY23 revenue growth will be 25-30% in FY23 vs 19%-20% earlier. Cannot comment on OFS as its GOI / DIPAM decision.

Hinduja split: Division of assets of Rs 1 trillion empire could be done by November.

KEC International bags new orders worth ₹1,294 cr across various businesses.

HINDUSTAN ZINC : Board approved ₹ 15.5 As 2nd Interim Dividend, Record Date - 24 NOV.

Key Events

Key events this week:

Fed’s Lael Brainard and SEC Chair Gary Gensler speak, Wednesday

ECB President Christine Lagarde speaks, Wednesday

Eurozone CPI, Thursday

US housing starts, initial jobless claims, Thursday

Fed’s Neel Kashkari, Loretta Mester speak, Thursday

US Conference Board leading index, existing home sales, Friday

Some of the main moves in markets:

Stocks

The S&P 500 fell 0.8% as of 1:36 p.m. New York time

The Nasdaq 100 fell 1.3%

The Dow Jones Industrial Average fell 0.1%

The MSCI World index rose 1.1%

Currencies

The Bloomberg Dollar Spot Index rose 0.2%

The euro was little changed at $1.0357

The British pound was little changed at $1.1872

The Japanese yen fell 0.3% to 139.67 per dollar

Cryptocurrencies

Bitcoin fell 2% to $16,551.33

Ether fell 2.7% to $1,212.41

Bonds

The yield on 10-year Treasuries declined five basis points to 3.72%

Germany’s 10-year yield declined 11 basis points to 2.00%

Britain’s 10-year yield declined 15 basis points to 3.15%

Commodities

West Texas Intermediate crude fell 2.1% to $85.13 a barrel

Gold futures were little changed.