21 Aug BSE CLOSED @ 38434.72 ✅ 214.33 Pnts & NSE CLOSED @ 11371.60 ✅ 59.40 Points, BankNifty Closed 22299.60 ✅ 300.15 Points & India VIX Closed 19.9375 ❌ 0.6800 Points.
Weekly 17 - 21 Aug BSE CLOSED @ 38434.72 ✅ 557.38 Pnts & NSE CLOSED @ 11371.60 ✅ 193.20 Points, BankNifty Closed 22299.60 ✅ 620.20 Points & India VIX Closed 19.9375 ❌ 1.7350 Points.
Key Changes in Nifty Indices
Nifty 50 Index
Inclusions: Divi’s Laboratories, SBI Life Insurance.
Exclusions: Bharti Infratel, Zee Entertainment Enterprises.
Nifty Next 50
Inclusions: Adani Green Energy, Alkem Laboratories, Bharti Infratel, L&T Infotech, Tata Consumer Products.
Exclusions: Divi's Laboratories, NHPC, Page Industries, SBI Life Insurance, Shriram Transport Finance.
Nifty 500 Index
Inclusions: Aarti Drugs, ABB Power Products and Systems, Adani Enterprises, Alembic, Alok Industries, Chalet Hotels, Gujarat Ambuja Exports, Huhtamaki PPL, IOL Chemicals and Pharma, Navneet Education, Polyplex Corporation, Shilpa Medicare, Solara Active Pharma Sciences, Supreme Petrochem, Suven Pharmaceuticals, Tata Chemicals, Yes Bank.
Exclusions: Adani Power, GE T&D India, Hexaware Technologies, Himatsingka Seide, IFCI, India Tourism Development Corporation, IndoStar Capital Finance, Intellect Design Arena, Jubilant Life Sciences, KPR Mills, Mahindra CIE Automotive, Nava Bharat Ventures, Sadbhav Engineering, Shree Renuka Sugars, Take Solutions, Time Technoplast, Vesuvius India.
Nifty Midcap 100 Index
Inclusions: Adani Enterprises, Alembic Pharmaceuticals, ICICI Securities, Navin Fluorine International, Page Industries, Sanofi India, Shriram Transport Finance, Tata Chemicals, Yes Bank, Zee Entertainment Enterprises.
Exclusions: Adani Power, Alkem Laboratories, Hexaware Technologies, IDBI Bank, Jubilant Life Sciences, Larsen & Toubro Infotech, Mangalore Refinery & Petrochemicals, PNB Housing Finance, Quess Corp, Tata Consumer Products.
Nifty Smallcap 100 Index
Inclusions: Alok Industries, Amber Enterprises, BASF India, Bharat Dynamics, Central Depository Services (India), Engineers India, FDC, IDBI Bank, Indian Bank, Indian Energy Exchange, JB Chemicals & Pharmaceuticals, PNB Housing Finance, Suven Pharmaceuticals, Thyrocare Technologies, Westlife Development.
Exclusions: Ashoka Buildcon, Galaxy Surfactants, Gujarat Alkalies & Chemicals, Gujarat State Fertilizers & Chemicals, Himadri Speciality Chemical, Hindustan Copper, ITI, JM Financial, Lakshmi Machine Works, Metropolis Healthcare, MMTC, Navin Fluorine International, NCC, PNC Infratech, Raymond.
Alert: All changes in the indices will be effective from September 25.
Stocks To Trade Today :
Divi's Laboratories & SBI Life Insurance: To be included in the Nifty 50 index from September 25.
Bharti Infratel & Zee Entertainment: To be excluded in the Nifty 50 index from September 25.
Future Retail: Bloomberg News reports that the company is in talks with banks led by State Bank of India to raise cash to help pay interest worth $14 million due on its dollar notes. The company has missed the earlier deadline of July 22 and is currently in a 30-day grace period that expires today. Failure to make the payment within the grace period would constitute as a default.
Future Enterprises: Defaulted in payment of interest on NCD’s worth Rs 12.65 crore which was due on August 16.
GMM Pfaudler: To acquire 54% stake in the global business of the Pfaudler group for a total consideration of $27.4 million. The company will acquire 34.4% of the stake by itself and 19.6% stake through its wholly-owned subsidiary Mavag AG. The acquisition is likely to be completed in the next 4-5 months.
Siemens: Competition Commission of India approves proposed acquisition of C&S Electric.
Hindalco: Signs MoU with Ultratech to deliver 1.2 million tonnes of red mud per annum to Ultratech's 14 cement plants located across seven states. Red Mud is also known as Bauxite residue.
HG Infra Engineering: To consider raising funds via equity offerings on August 25.
Indian Bank: CRISIL revised outlook on the bank's tier-1 bonds worth Rs 2,100 crore to negative from rating watch with developing implications. The rating of CRISIL AAA has been maintained.
Healthcare Global: Reports a decline of 28.2% in its revenue year-on-year for the June quarter. Net loss has widened to Rs 39.8 crore from Rs 18 crore. Ebitda fell 58.5% to Rs 18.3 crore while margins declined to 9.5% from 16.4% last year.
Non-Nifty Earnings Today: Union Bank of India, Punjab National Bank, Indiabulls Housing Finance, Oil India, Kolte-Patil Developers, Rossari Biotech.
SHORT TERM CALL Buy Suven Life Sciences Cmp 63 SL Below 55 Tgt 66 / 69 / 72 / 75 / 78++ In Coming Days..
