Closing Indices

22nd December 2022 

Bse Sensex Closed @ 60826.22 ⬇️ 241.02 Points 

Nse Nifty Closed @ 18127.35 ⬇️ 71.75 Points 

Bank Nifty Closed @ 42408.80 ⬇️ 209.15 Points 

India VIX Closed @ 15.1875 ⬇️ 0.3750 Points

Investors Meet

Investors Meet

Greaves Cotton: Officials of company will interact with HDFC Securities.

Tata Motors: Officials of the company will interact with Aspex Management (HK), Motilal Oswal Mutual, and HDFC MF.

Blue Star: Officials of the company will interact with ICICI Prudential AMC.

Havells India, Kaynes Technology India: Officials of companies will participate in PhillipCapital "Manufacturing Day – From Make-in-India to Make-For-The-World" in Delhi.

Tata Consumer Products: Officials of the company will interact with GIC.

CE Info Systems: Officials of the company will interact with LIC MF.

CARE Ratings: Officials of the company will interact with O3 Capital, and Securities Investment Management.

Indian Bank: Officials of the bank will interact with analysts and investors.

Polycab India: Officials of the company will interact with Macquarie Capital.

Sapphire Foods India: Officials of the company will interact with Nuvama (Edelweiss), Hara Global Capital Management, Ambit Capital, and HDFC Securities.

Ircon International: Management of the company will meet Grace Yan, Portfolio Manager at Nikko Asset Management.

In News

In News

Sula Vineyards: India's largest wine producer will make its debut on the bourses on December 22. The issue price has been fixed at Rs 357 per share.

JMC Projects (India): The National Company Law Tribunal has sanctioned the Scheme of Amalgamation of the company with Kalpataru Power Transmission.

Speciality Restaurants: The company has received board approval for issue of 60 lakh warrants convertible into equity shares on preferential basis, at a price of Rs 212.05 per warrant. An amount equivalent to 25% of the warrant issue price (i.e. Rs 53.02 per warrant) will be payable at the time of subscription and allotment of each warrant, and the balance 75% of the warrant issue price (Rs 159.03 per warrant) will be payable on the exercise of warrants on or before April 30, 2023.

JB Chemicals & Pharmaceuticals: The private equity firm KKR-backed JB Chemicals has completed acquisition of Razel franchise from Glenmark Pharmaceuticals. Last week, As a result, it had agreed to acquire Glenmark's cardiac brand Razel in India and Nepal for Rs 313.7 crore.

Supriya Lifescience: The company has signed an agreement with Pune-based Enrich Energy to develop 4.68 MWp DC solar photovoltaic power project at Nanded in Maharashtra. This project will generate & supply green energy to fulfill about 50 percent present consumption of the company & reduce carbon emission equivalent to 6,830 tons per annum.

Lyka Labs: The company has signed an agreement to acquire animal healthcare business from Agilis Healthcare. In November, it had proposed acquisition of animal healthcare business.

Kwality Pharmaceuticals: The company has received approval from Brazil's National Health Surveillance Agency ANVISA (Agencia Nacional de Vigilancia Sanitaria) for its injectable formulations manufacturing unit at Amritsar and oncology injectable unit at Himachal Pradesh. The approval allows company to market its products in Brazilian pharmaceutical market.

F&O Ban Stocks For 22.12.22

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

1 GNFC 

2 IBULHSGFIN 

3 IRCTC

Corporate Updates

Today's Corporate Action 22nd Dec Ex Date

KAMAHOLD Buy Back of Shares

ORCHIDPHAR E.G.M.

PRECWIRE Bonus issue 1:2

QUINT Right Issue of Equity Shares

TRITURBINE Buy Back of Shares

TRIVENI Buy Back of Shares

ZIMLAB Bonus issue 2:1

Today's Key Results 22-Dec-22

FILME General

JAYANT General  

SARTHAKIND General  

SUPREMEINF Quarterly Results;General

TAINWALCHM General

Key Events

Key events this week:

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 1.6% as of 2:02 p.m. New York time

The Nasdaq 100 rose 1.7%

The Dow Jones Industrial Average rose 1.6%

The MSCI World index rose 0.2%

Currencies

The Bloomberg Dollar Spot Index was little changed

The euro was little changed at $1.0614

The British pound fell 0.8% to $1.2086

The Japanese yen fell 0.3% to 132.18 per dollar

Cryptocurrencies

Bitcoin fell 0.5% to $16,795.77

Ether fell 0.5% to $1,210.13

Bonds

The yield on 10-year Treasuries declined two basis points to 3.66%

Germany’s 10-year yield advanced one basis point to 2.31%

Britain’s 10-year yield declined two basis points to 3.57%

Commodities

West Texas Intermediate crude rose 2.7% to $78.30 a barrel

Gold futures were little changed.