Closing Indices

21st December 2022 

Bse Sensex Closed @ 61067.24 ⬇️ 635.05 Points 

Nse Nifty Closed @ 18199.10 ⬇️ 186.20 Points 

Bank Nifty Closed @ 42617.95 ⬇️ 741.55 Points 

India VIX Closed @ 15.5625 ⬆️ 1.7825 Points

Change In Name Of Company

Change in name and symbol of Shriram Transport Finance Company Limited w.e.f. December 20, 2022.

Existing Name the of Company : Shriram Transport Finance Company Limited [SRTRANSFIN]

New Name of the Company : Shriram Finance Limited [SHRIRAMFIN]

Investors News

Investors News

EMudhra: Officials of the company will interact with Nippon India Mutual Fund.

Blue Star: Officials of the company will interact with Emkay Global and Goldman Sachs.

Tata Consumer Products: Officials of the company will interact with Enam Asset Management Company, Millennium Capital Management, B&K Securities, Schonfeld Strategic Advisors, and Motilal Oswal Financial Services.

Tata Chemicals: Officials of the company will interact with LIC Mutual Fund Asset Management and HDFC Life Insurance Company.

Dr Lal PathLabs: Officials of the company will interact with Ninety One Asset Management.

Gati: Officials of the company will interact with Matthews Asia.

Eris Lifesciences: Officials of the company will interact with Entrust FO Investment Advisors, and M3 Investments.

Nelcast: Officials of the company will interact with ICICI Prudential AMC, JM Financial AMC, Monarch Networth Capital, i-Wealth Management, and Indsec Securities.

Cantabil Retail India: Officials of the company will interact with Lucky Securities, Birla Sun Life Insurance, Tikona Capital, Equitree Capital, and Arthya wealth advisors.

Polycab India: Officials of the company will interact with Fidelity International and Aspex Management.

Persistent Systems: The company will interact with HDFC Life Insurance.

Action Construction Equipment: Officials of the company will interact with Envision Capital.

PSP Projects: Officials of the company will interact with Anvil Share & Stock Broking.

In News

In News

VIP Clothing: The company has recently sold its Umbergaon factory and raised Rs 10.41 crore. The capital gained by selling this asset will now be utilised in business at a different level from production, technology, innovation and marketing.

City Union Bank: The private sector lender has announced divergence in NPAs to the tune of Rs 259 crore consisting of 13 borrower accounts (with an outstanding balance of more than Rs 1 crore) for an amount of Rs 230 crore and 218 borrowers (with an outstanding balance of less than Rs 1 crore) for an amount of Rs 29 crore for the year ended March 2022. Also, there was a divergence in provisioning to the tune of Rs 40 crore for the same period. The divergence is the difference between NPAs reported by the bank and assessed by the RBI.

Jubilant Ingrevia: The company has raised Rs 150 crore via the issuance of commercial papers. The date of maturity is February 2023, with a coupon rate of 7.05 percent per annum.

Uno Minda: The company has entered into a licence agreement with Ascentec, Korea to strengthen its advance automotive sensors product portfolio. Asentec, a subsidiary of Sejong Industrial, specialises in mobility parts centred on sensors and actuators with manufacturing facilities in Korea, Vietnam and China.

Mindspace Business Parks REIT: The company has completed the issuance of commercial papers of Rs 100 crore. CRISIL has rated these commercial papers as 'A1+'. The funds will be utilised towards the working capital requirements of Mindspace REIT's asset SPVs.

Bharti Airtel: The company has entered into an agreement for the acquisition of 8 percent stake in a technology startup, Lemnisk (Immensitas Private Limited). The acquisition is under Airtel's Start-Up Accelerator Program. Lemnisk is a Bengaluru-based start-up that offers real-time marketing automation and secure customer data platform.

GAIL India: The company has raised Rs 1,575 crore via issuance of 15,750, 7.34 percent non-convertible debentures (Series-I) of Rs 10 lakh on a private placement basis.

F&O Ban Stocks For 21.12.22

Stock under F&O ban on NSE 21-Dec-22

1 DELTACORP 

2 GNFC 

3 IBULHSGFIN 

4 IRCTC

5 PNB

Corporate Updates

Today's Corporate Action 21st Dec Ex Date

SFL Bonus issue 1:1 -

TEXMOPIPES E.G.M.

Today's Key Results 21-Dec-22 

BHATIA General

BRFL Quarterly Results  

MTARTECH General  

PIFL General  

RHETAN Increase in Authorised Capital;Bonus issue;Stock  Split;General

RKDAGRRTL Issue Of Warrants  

SAGCEM Amalgamation  

SANKHYAIN  Preferential Issue of shares;Reduction of Capital;Scheme of Arrangement

VIVOBIOT Preferential Issue of shares;Issue Of Warrants

ZODIACLOTH Preferential Issue of shares

Key Events

Key events this week:

EIA Crude Oil Inventory Report, Wednesday

US existing home sales, US Conference Board consumer confidence, Wednesday

US GDP, initial jobless claims, US Conf. Board leading index, Thursday

US consumer income, new home sales, US durable goods, PCE deflator, University of Michigan consumer sentiment, Friday

Some of the main moves in markets:

Stocks

The S&P 500 rose 0.2% as of 12:06 p.m. New York time

The Nasdaq 100 was little changed

The Dow Jones Industrial Average rose 0.3%

The Stoxx Europe 600 fell 0.4%

The MSCI World index fell 0.7%

Currencies

The Bloomberg Dollar Spot Index fell 0.8%

The euro rose 0.2% to $1.0629

The British pound was little changed at $1.2148

The Japanese yen rose 4.4% to 130.95 per dollar

Cryptocurrencies

Bitcoin rose 1.5% to $16,831.97

Ether rose 3.1% to $1,212.08

Bonds

The yield on 10-year Treasuries advanced 10 basis points to 3.68%

Germany’s 10-year yield advanced 10 basis points to 2.30%

Britain’s 10-year yield advanced nine basis points to 3.60%

Commodities

West Texas Intermediate crude fell 0.2% to $75.05 a barrel

Gold futures rose 1.7% to $1,827.80 an ounce.