Closing Indices

18th Jan 2023 

Bse Sensex Closed @ 61045.74 ⬆️ 390.02 Points 

Nse Nifty Closed @ 18165.35 ⬆️ 112.05 

Bank Nifty Closed @ 42458.00 ⬆️ 222.95 Points 

India VIX Closed @ 14.3725 ⬇️ 0.2175 Points

In News

In News

Tata Metaliks: The Tata Group company has reported a profit of Rs 9.48 crore for the December FY23 quarter, falling 74 percent year-on-year dented by weak operating performance. Input cost and finance cost hit the bottom line. However, revenue from operations grew by 14.5 percent YoY to Rs 790.23 crore for the quarter.

Glenmark Pharmaceuticals: The pharma company entered into an agreement with Eris Oaknet Healthcare, a wholly owned subsidiary of Eris Lifesciences, to divest the tail brands from its dermatology segment, for India and Nepal territories. The transaction cost is Rs 340.48 crore. The divested tail brands include Onabet, Halovate, Sorvate, Luligee, Demelan, Aceret, Dosetil, Revize, and Powercort, and their sub-brands. This divestment is in line with Glenmark's strategy of focusing on its leading brands in the dermatology segment.

ICICI Lombard General Insurance Company: The insurance company has reported an 11 percent year-on-year growth in profit at Rs 352.53 crore for the quarter ended December FY23. Premium earned at Rs 3,792 crore for the quarter grew by 14.5 percent YoY and total income grew by 13.2 percent to Rs 4,362 crore in Q3FY23.

Gokaldas Exports: Goldman Sachs Asset Management International bought an additional 0.018 percent stake in the company via open market transactions on January 13. With this, its shareholding in Gokaldas rose to 5.003 percent, from 4.985 percent earlier.

Coforge: Life Insurance Corporation of India purchased an additional 0.057 percent stake in the IT services company via open market transactions on January 16. With this, LIC's shareholding in the company increased to 5.033 percent, from 4.976 percent earlier.

ICICI Prudential Life Insurance Company: The life insurance company has recorded a 29 percent year-on-year fall in standalone profit at Rs 220.63 crore for quarter ended December FY23. Net premium income grew by 4.3 percent YoY to Rs 9,464.5 crore in Q3FY23.

ITC: The FMCG company has signed a binding term sheet to acquire a 100 percent stake in Sproutlife Foods, an Indian company primarily engaged in the business of manufacture and sale of food products under the trademark 'Yoga Bar'. The company will make an initial investment of Rs 175 crore in Sproutlife Foods for a 39.4 percent stake, which is expected to be completed by February 15, 2023.

Delta Corp: The casino gaming company has reported a 20.5 percent year-on-year growth in consolidated profit at Rs 84.82 crore for the quarter ended December FY23, led by other income and operating revenue. Revenue from operations increased by 10.6 percent YoY to Rs 273.4 crore in Q3FY23.

Rail Vikas Nigam: The company has emerged as the lowest bidder (L1) for the commissioning of power supply receiving and distribution system for Surat Metro Rail Project Phase-I with a cost Rs 673.8 crore, and for Ahmedabad Metro Rail Project Phase-II with a cost of Rs 384.3 crore. Siemens is the lead partner with a 65 percent share and RVNL is having 35 percent share in these projects.

F&O Ban Stocks For 18.01.2023

Stock under F&O ban on NSE 18-Jan-23

1 DELTACORP 

2 GNFC 

3 IBULHSGFIN

4 L&TFH 

5 MANAPPURAM

Corporate Updates

Today's Corporate Action 18th Jan Ex Date

KPIGREEN Bonus issue 1:1

Today's Board Meetings 18-Jan-22

AASHKA Audited Results  

AASTAFIN Increase in Authorised Capital;Preferential Issue of shares

ALOKTEXT Quarterly Results  

AMAL Quarterly Results;General

ANUBHAV Quarterly Results;General

AURUM Quarterly Results  

CCL Quarterly Results;Interim Dividend

CENTRALBK Quarterly Results  

COSYN Quarterly Results  

ELEFLOR Quarterly Results  

GOACARBON Quarterly Results  

INDUSINDBK Quarterly Results  

KDDL Buy Back of Shares  

KHOOBSURAT Right Issue of Equity Shares;Increase in Authorised Capital

MUTHTFN General  

OFSS Quarterly Results  

OROSMITHS Quarterly Results  

PERSISTENT Quarterly Results;General;Interim Dividend

PSPPROJECT Quarterly Results  

RALLIS Quarterly Results  

SEJAL General  

SHEMAROO Quarterly Results  

SHUKRAPHAR Right Issue of Equity Shares;General

SILINFRA Quarterly Results;General

STYLAMIND Quarterly Results  

SUPREME Quarterly Results  

SURYAROSNI Quarterly Results;Interim Dividend

TOYAMSL Quarterly Results;General

UMIYA Quarterly Results  

VINYLINDIA Quarterly Results  

VIVANTA Quarterly Results;Stock  Split;General

WELINV Quarterly Results  

WENDT Quarterly Results;Interim Dividend

Market Events

Some of the main moves in markets:

Stocks

The S&P 500 fell 0.2% as of 10:43 a.m. New York time

The Nasdaq 100 fell 0.2%

The Dow Jones Industrial Average fell 1%

The Stoxx Europe 600 rose 0.2%

The MSCI World index was little changed

Currencies

The Bloomberg Dollar Spot Index was little changed

The euro fell 0.2% to $1.0798

The British pound rose 0.6% to $1.2264

The Japanese yen was little changed at 128.55 per dollar

Cryptocurrencies

Bitcoin fell 0.2% to $21,081.5

Ether fell 0.9% to $1,565.66

Bonds

The yield on 10-year Treasuries was little changed at 3.50%

Germany’s 10-year yield declined nine basis points to 2.08%

Britain’s 10-year yield declined two basis points to 3.36%

Commodities

West Texas Intermediate crude rose 0.9% to $80.56 a barrel

Gold futures fell 0.5% to $1,912.90 an ounce.