Upgraded – July 17, 2023 at 11:05 AM.
Vacation
Discover here all the updates associated with Sensex, Nifty, BSE, NSE, share costs and Indian stock exchange.
Indian shares increase as cooling United States inflation powers IT stocks
Indian shares edged higher on Thursday, helped by infotech (IT) stocks in the middle of cooling inflation in the United States, however hotter-than-expected domestic inflation kept financiers mindful as the blue chips cut intraday gains.
Both standards increased 1% each to strike fresh record highs in intraday trading, with the Sensex striking the 66,000 mark for the very first time prior to paring gains in the last hour.
Asian and European markets advanced following over night gains in Wall Street equities after U.S. customer cost index for June logged the tiniest increase in over 2 years.
The small amounts in U.S. inflation likewise exceeded issues over hotter-than-expected domestic inflation and powered IT stocks regardless of Tata Consultancy Services and HCLTech flagging weak point in need in their June quarter incomes commentary.
IT companies make a substantial share of their income from the world's biggest economy. TCS, Infosys and Tech Mahindra were amongst the leading Nifty 50 gainers.
In spite of the bluechip and midcap indexes striking fresh record highs throughout the session, experts recommended financiers to stay mindful and selective.
“This is simply excellent belief following U.S. inflation information that is powering domestic equities. Both midcaps and largecaps have actually continued of assessment convenience,” stated Avinash Gorakshakar, head of research study at Mumbai-based brokerage Profitmart Securities.
“Investors require to be a little mindful. If revenues dissatisfy, there might be substantial correction too.”
Amongst specific stocks, Hindalco increased 2.44% and was amongst the leading Nifty 50 gainers on strategies to offer a land possession in Mumbai.
Patanjali Foods lost 5% after its biggest investor stated it would offer up to 9% of its stake to satisfy public shareholding guidelines. – Reuters
Vacation ALL UPDATES
- July 13, 2023 15:55
Samvardhana Motherson obtains 51% stake in Saddles International
Samvardhana Motherson International Ltd has actually finished the acquisition of 51% stake in Saddles International Automotive and Aviation Interiors Private Ltd (SIAAIPL), according to a stock market filing. The business's stock ended 2.25 percent greater at 95.25 on NSE.
- July 13, 2023 15:42
The Sensex closes at 65,558.89 with a gain of 164.99 points, while the Nifty increases 29.45 indicate reach 19,413.75.
- July 13, 2023 15:25
Cyient DLM falls 0.96% to 513.35
The stock of Cyient DLM falls 0.96% on NSE, trading at 513.35.
- July 13, 2023 15:24
ideaForge Technology loses almost 4%
ideaForge Technology falls by 3.99% on NSE, trading at 1,228.25.
- July 13, 2023 15:21
Leading gainers on the NSE at 3:15 pm: Infosys (2.50%); TCS (2.46%); Hindalco (2.44%); LTIMindree (1.72%)
Leading losers: Power Grid (-3.57%); UPL (-2.01%); Coal India (-1.94%); Maruti (-1.78%)
- July 13, 2023 15:17
1,199 stocks advance vs 2,219 stocks decrease on BSE
On BSE, 1,199 stocks advanced versus 2,219 stocks that decreased. Overall stocks traded were 3,563 The variety of stocks that tape-recorded a 52-week high was 218, and those that struck a 52-week low was 48.
- July 13, 2023 15:11
Bank of Maharashtra falls 5.28%
The stock of Bank of Maharashtra (BOM) falls by 5.28% on BSE, trading at 30.30.
- July 13, 2023 14:55
Credent Global Finance to raise Rs 48.56 crore through rights concern
Credent Global Finance Limited has actually revealed that it is carrying out a rights concern of equity shares to raise capital. The Rights Issue Committee of the Board of Credent Global Finance Limited (Formerly called Oracle Credit Limited) has actually authorized the overall variety of 34,68,750 completely paid-up equity shares at Rs 140.00 for a quantity aggregating to Rs 48.56 crore.
The Rights Entitlement Ratio has actually been set at 1 equity share for every single 2 totally paid-up equity shares held by the qualified equity investors of the business, as on the Record Date, July 17.
- July 13, 2023 14:51
Buzzing stock: Tejas Networks Ltd
The stock of Tejas Networks Ltd increases 14.89% on NSE, trading at 847.05.
- July 13, 2023 14:48
360 ONE Asset onboards Aarthi Ramakrishnan as technique chief
360 ONE Asset, part of 360 ONE WAM Ltd, today revealed the visit of Aarthi Ramakrishnan as Head – Strategy for the Asset Management company. Aarthi will play an essential function in improving the company's concentrate on Global Asset Management and Gift City platforms.
- July 13, 2023 14:38
TCI Express' sorting centre gets Gold Rating from United States Green Building Council
TCI Express Ltd, B2B reveal logistics business, has actually revealed that its Gurugram-based ‘GIGA' Sorting Center has actually been licensed with the Leadership in Energy and Environmental Design (LEED) Gold Rating from the United States Green Building Council (USGBC). The business's stock increases 0.03% on NSE, trading at 1,522.20.
- July 13, 2023 14:31
Bank of Baroda falls by over 3%
The stock of Bank of Baroda falls by 3.03% on NSE, trading at 198.50.
- July 13, 2023 14:06
Stock exchange upgrade: Reliance Industries increases 0.26%
The stock of Reliance Industries increases by 0.26% on NSE, trading at 2,775.
- July 13, 2023 14:06
Pleased Foodworks opens Popeyes shop in Hyderabad
Joyous Foodworks Ltd has actually revealed the inauguration of the United States fried chicken brand name Popeyes in Hyderabad.
The business's stock decreased by 2.09% to trade at 469.75 on NSE.
- July 13, 2023 14:01
DreamFolks sign up with hands with Plaza Premium Group; stock increases over 5%
DreamFolks, an airport services aggregator, and Plaza Premium Group, an international leading airport hospitality company, had actually revealed a cooperation to consist of over 340+ Plaza Premium Lounges in over 70 significant worldwide airports into the DreamFolks worldwide lounge network, providing an improved travel experience beginning July 24, 2023.
According to the business's stock market filing on July 12, the cooperation will help with substantial protection of Plaza Premium Lounges throughout 4 continents, consisting of travel centers such as Australia, Canada, the United Kingdom, Hong Kong, Florida, Brazil, Italy, Indonesia, Malaysia, Singapore, Dubai, Saudi Arabia, and Jordan. The stock of DreamFolks Services increases 5.17% on NSE, trading at 687.05.
- July 13, 2023 13:58
Kellton Tech Solutions share gains 12.11%
IT services business Kellton Tech Solutions shares up by 12.11 pc to trade at Rs 81.92. Touched the 52-week high of Rs 84.37 throughout the day.
- July 13, 2023 13:55
Bank of India opens IBU at GIFT City
Bank of India has actually established an International Banking Unit and NRI Help Centre at GIFT City Gandhinagar. The bank anticipates to attain $1-billion company through GIFT City branch by March 2024.
- July 13, 2023 13:54
Bhansali Engineering Polymers stock increases 0.7%
Bhansali Engineering Polymers reported its quarterly unaudited combined monetary outcomes ended June 30, 2023. The business tape-recorded a net earnings of 505 crore for the quarter. The business's stock increases by 0.71% on NSE, trading at 98.70 on the NSE.
- July 13, 2023 13:52
Vedvaag Systems increases 20%, strikes upper circuit
Vedavaag Systems Ltd has actually participated in a MoU with IRIS Global Services Private Limited, New Delhi, for the application of IP-based Video Surveillance System (VSS) covering 1002 train stations under Western Region of Railways. The order deserves 72 crore. The stock got 20% to Rs 50.90 to strike the upper circuit.
- July 13, 2023 13:49
Kotak Institutional Equities on HCL Tech's acquisition of Germany's ASAP
Kotak Institutional Equities stated that HCL Tech's acquisition of Germany-based ASAP group will make it possible for the business to develop a more powerful existence in the faster-growing vehicle vertical. Evaluations at 1.6 X EV/revenues and 14X routing EBITDA are sensible, it included.
HCL tech is trading flat at Rs 1114.50 on the NSE, coming off the highs seen previously.
- July 13, 2023 13:47
PNB Housing Finance's AGM will be hung on August 10
PNB Housing Finance Ltd will hold its 35th AGM on August 10, 2023. The business's stock increases 1.61% on NSE, trading at 621.60.
- July 13, 2023 13:46
Buzzing stock: Sealmatic India increases 8.49%
The stock of Sealmatic India increases by 8.49% on BSE, trading at 410. The business had actually been certified with the ISO 19443 for Nuclear Applications.
- July 13, 2023 13:45
Sterling and Wilson Renewable Energy loss narrows
Sterling and Wilson Renewable Energy has actually narrowed its loss in the June quarter to Rs 95.47 crore from Rs 353.9 crore loss in 2015. Income was up to Rs 515 crore from Rs 1206.9 crore year earlier. The bottomline was assisted by a high fall in costs to Rs 617.68 crore from Rs 1568.9 crore year back.
Stock is up 1 percent at Rs 289.65 on the NSE.
- July 13, 2023 13:44
MIC Electronics board to satisfy on July 20
MIC Electronics' board conference to be hung on July 20 to think about the very first quarter outcomes.
- July 13, 2023 13:44
Stock exchange upgrade: Top gainers, leading losers at this hour
Significant gainers on BSE at 1:30 pm are: Zensar Technologies (6.50%); Lloyds Metals and Energy (7.68%); Tanla Platforms (9.26%); Zen Technologies (10.64%)
Significant losers are: Aegis Logistics (-3.11%); Jindal Saw (-3.69%); PCBL (-3.07%); Dish Television (-4.45%)
- July 13, 2023 13:11
Stock in focus: Tanla Platforms
Communication-Platform-as-a-Servive company Tanla Platforms shares got 10.51% to trade at 1,134.80. The stock touched the 52-week high of 1,142 in early trade.
- July 13, 2023 13:09
Product calls: Zinc futures- Go long now
Considering that the agreement has actually seen a fresh breakout, the likelihood of a rally is high.
Versus this background, one can purchase zinc futures at the existing level of 218. Include more longs if the rate dips to 215, with the stop-loss at 208.
- July 13, 2023 13:07
Federal Bank's Q1 web earnings up 42.1%
Federal Bank's net earnings in the June quarter was up 42.1% year-on-year at Rs 854 crore, however fell sequentially by 5.4 percent.
The overall earnings of the bank grew to Rs 5760 crore from Rs 4081 crore year earlier. Other earnings increased to Rs 732 crore from Rs 453 crore year earlier.
The bank's gross non-performing possession ratio was at 2.38% as on June 30 from 2.36% a quarter back, while the net NPA ratio was flat on quarter at 0.69 percent. The stock is down 4.2 percent at Rs 128.60 on the NSE.
- July 13, 2023 13:03
G R Infra wins order worth 745 crore
G R Infraprojects Ltd has actually bagged an order from the Ministry of Road Transport and Highways for the building and construction of four-lane highway from 74.700 km to 112.950 km (Baranpur Kadipur Ichauli to Rampuriya Awwal) of NH 731A in the State of Uttar Pradesh on Hybrid Annuity Mode.
The business's stock increases by 1.29% on BSE, trading at 1,348.90.
- July 13, 2023 13:02
Web stocks acquire in the middle of lower United States inflation information
Web stocks have actually acquired in the day with PB Fintech and Zomato increasing more than 5% today. This might be connected to lower inflation in United States and tech stocks buoyed by lower inflation information.
- July 13, 2023 13:00
Utkarsh Small Finance Bank IPO: Day 2 upgrade
The Utkarsh Small Finance Bank IPO has actually been subscribed 10.11 times since 12:54 pm on Day 2. The QIBs subscribed 1.45 times, NIIS 16.59 times, retail 26.71 times, and worker scheduled 6.63 times. The concern closes on July 14.
- July 13, 2023 12:59
Stock in focus: Deep Industries
The stock of Deep Industries Ltd leaps by 5.56% on NSE, trading at 207.05. The business had actually gotten a Letter of Award (LoA) from Oil and Natural Gas Corporation Ltd (ONGC) on July 12 worth approx 130 crore.
- July 13, 2023 12:59
Aditya Birla Money Q1 results
Aditya Birla Money's standalone net revenue stood at 9.4 crore, versus 8.1 crore in the matching quarter in 2015. Earnings stood at 78.5 crore (62 crore)
- July 13, 2023 12:51
Stock in focus: Infosys
Infosys struck a three-month at 1,374 increasing over 3 percent with all frontline IT stocks rallying on expectations that the worst lagged. The fall in bond yields and a weak rupee versus the United States dollar are anticipated to be positives for the sector.
- July 13, 2023 12:42
Stock in focus: Zomato
The stock of Zomato increases by 5.61% on NSE, trading at 81.85.
- July 13, 2023 12:34
Stock in focus: Ramco Cements
The board of Ramco Cements Ltd has actually authorized the execution of the Share Subscription and Purchase Agreement (SSPA) for the function of sale and transfer of its whole shareholding (i.e. 49,95,16,202 equity shares) in Lynks Logistics Ltd (Lynks) to Bundl Technologies Private Ltd (Bundl, running under the trademark name Swiggy) in exchange for compulsorily convertible choice shares of Bundl.
The shares of Ramco Cements increase by 1.72% on NSE, trading at 941.25 per share.
- July 13, 2023 12:28
Granules India's Gagillapur center gets EIR from USFDA
- July 13, 2023 12:24
Surana Solar shares acquire on NSE
The stock of Surana Solar increases by 5.37% on NSE, trading at 21.60. The business had actually participated in a Slump Sale Agreement with SML Electricals India Private Ltd for offering its wind energy service endeavor for 1.60 crore.
- July 13, 2023 12:23
Stock in focus: Goblin India
The stock of Goblin India is up by 0.21% on BSE, trading at 47.15. The business's board on Wednesday thought about and authorized a proposition for disinvestment of equity stake/investment held by the business in its completely owned subsidiary, Goblin France SARL.
- July 13, 2023 12:20
Neuland gets EIR from USFDA with evaluation as closed
- July 13, 2023 12:16
Stock in focus: Patanjali Foods
The stock of Patanjali Foods is down 5% at 1,165.10 after the business stated its promoter prepares to offer a 7% stake in the business through a market at 1,000 per share. On Wednesday, the shares had actually ended at 1,226.40 on NSE.
- July 13, 2023 12:13
Wipro Q1 results: Here are 5 essential things to keep an eye out for
IT significant Wipro is set to reveal its outcomes on July 13. Ahead of the outcomes, here are 5 essential things to look out for:
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Profits development
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Margin and assistance
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Attrition and working with
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Management commentary
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Handle GenAI
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- July 13, 2023 12:05
LTIMindtree gets in Nifty 50 index
LTIMindtree today revealed going into the NIFTY 50 index as the business had quickly combined its position to be a leading gamer and accomplish this considerable development.
The addition in this index follows the current advancement of both CRISIL and India Ratings declaring LTIMindtree's long-lasting ranking as AAA/Stable.
- July 13, 2023 12:05
Stock exchange upgrade at 12 midday: NSE significant gainers and losers
Significant gainers:
- Infosys (3.09%)
- TCS (3.08%)
- Hindalco (2.87%)
- Tech Mahindra (2.48%)
- SBI life Insurance (2.41%)
Significant losers:
- Power Grid (-2.74%)
- Coal India (-1.83%)
- Eicher Motors (-1.11%)
- Apollo Hospitals (-0.91%)
- UPL (-0.81%)
- July 13, 2023 12:02
Stock exchange upgrade at 12 twelve noon: BSE
Stocks bore down BSE at 12 midday on July 13 were 1,831 versus 1,423 stocks that decreased. Overall stocks traded were 3,412. The variety of stocks that tape-recorded a 52-week high was 204, and those that struck a 52-week low was 37.
- July 13, 2023 11:55
Stock in focus: Godrej Properties
Godrej Properties shares touched a 52-week high of 1,635, getting 2.21% to trade at 1,633.10.
- July 13, 2023 11:52
Stock in focus: Premier Explosives
The stock of Premier Explosives increases by 7.01% on NSE, trading at 758.35, up for the seventh day in a row.
- July 13, 2023 11:40
Bank Nifty forecast today: Buy futures agreement for intraday
Bank Nifty started the session greater at 45,009 versus Wednesday's close of 44,639. After making a high of 45,014, the index is presently trading at 44,975. The outlook is bullish for the index.
- July 13, 2023 11:38
Stock in focus: Hindalco Industries
The stock of Hindalco Industries increases by 3.23% on NSE, trading at 438.80 after the board on Wednesday authorized a proposition for the sale of land located at Kalwa, Maharashtra to Birla Estates Pvt Ltd, a subsidiary of Century Textiles for 595 crore.
- July 13, 2023 11:37
KIOCL: Mangalore Pellet Plant Unit operations resume
KIOCL stated that the operations of the Pellet Plant Unit of the business at Mangalore have actually been rebooted from July 13.
- July 13, 2023 11:34
Stock exchange upgrade at 11.30 am: NSE gainers and losers
Significant gainers:
- Hindalco Industries (+3.13%)
- TCS (+2.98%)
- Infosys (+2.82%)
- SBI Life (+2.63%)
Significant losers:
- Power Grid (-2.44%)
- Coal India (-1.71%)
- Eicher Motors (-1.23%)
- Apollo Hospitals (-0.82%)
- July 13, 2023 11:30
Stock in focus: Bharat Heavy Electricals Ltd
After touching 52-week high of 96.45, Bharat Heavy Electricals Ltd (BHEL) shares moved by 0.91% to trade at 93.45 in early trade.
- July 13, 2023 11:27
TCS shares up by 2.97% to trade at 3,357
IT significant Tata Consultancy Services' (TCS) shares increased by 2.97% to trade at 3,357. The business's earnings leapt by 16.8 percent to 11,120 crore in the very first quarter of FY24, compared to 9,519 crore it reported in the matching duration in 2015.
- July 13, 2023 11:23
Stock to see: Bharat Electronics
Bharat Electronics Limited (BEL) is trading at a 52-week high of 128. Shares acquired 0.31% over previous close
- July 13, 2023 11:21
Stock in focus: CCL Products
Coffee manufacturer CCL Products has actually touched a 52-week high of 739 in early trade. Shares are trading at 734.55, getting 0.95% over the previous close.
- July 13, 2023 11:15
Suven Pharma: 15.44 cr NSE Block Trade; for ~ 3,17,633 shares, at 486.1
- July 13, 2023 11:13
Dhaniya futures cool off to 6,930/ quintal
On NCDEX, dhaniya futures cool off with September agreements dropping to 6,930 a quintal. Jeera has likewise pared its gains. September futures have actually dropped to 57,425 a quintal. Turmeric futures are likewise down a little bit with October agreements ruling at 11,564 a quintal.
- July 13, 2023 11:10
Stock to view: Tata Consumer Products
The stock of Tata Consumer Products increases by 0.35% on NSE, trading at 846.20.
- July 13, 2023 11:09
Significant gainers and losers on BSE at this hour (11 am)
Significant gainers
- Finolex Cables (6.78%)
- Sunteck Realty (6.06%)
- Lloyds metals & & energy (6.94%)
- Tanla platforms (6.71%)
- Zen tech (7.05%)
Significant losers
- Federal Bank (-4.43%)
- NCC (-2.25%)
- Jindal Saw (-2.78%)
- LT Foods (-2.39%)
- J&K Bank (-2.22%)
- July 13, 2023 11:06
Gold gains on MCX, strikes $1,950/ ounce
Gold gains on MCX after last night's increase on the international market past $1,950 an ounce. Gold August futures are up at 59,205 per 10 gm. Silver September agreements are up at 73,740/ kg.
- July 13, 2023 11:02
LIC gains 0.25%; trading at 622
The stock of Life Insurance Corporation increases by 0.25% on NSE, trading at 622. The corporation's shareholding in Tata Consumer Products had actually increased from 5.060% to 7.065%.
- July 13, 2023 10:59
Pricol: Promoters increase stake by 2% in Q1
- July 13, 2023 10:52
Brent unrefined trades above $80 a barrel
Brent petroleum futures traded above $80 a barrel in the early trade on Thursday as the United States brought out the inflation information, which was softer-than-the market expectations.
At 9.54 am on Thursday, September Brent oil futures were at $80.42, up by 0.39 percent, and August petroleum futures on WTI (West Texas Intermediate) were at $76.03, up by 0.37 percent
- July 13, 2023 10:51
USDA tasks greater rapeseed meal exports next season
The United States Department of Agriculture (USDA) has actually predicted greater rapeseed meal exports next season as likewise groundnut (peanut) meal. Palm oil imports anticipate to increase to 9.6 million tonnes.
- July 13, 2023 10:50
USDA jobs Indian soyameal exports in FY24 at 9 lakh tonnes
USDA has actually forecasted Indian soyameal exports in the 2023-24 season greater at 9 lakh tonnes on increased worldwide need in view of lower United States soyabean exports.
- July 13, 2023 10:47
Stock to see: Century Textiles and Industries
The stock of Century Textiles and Industries increases by 1.09% on NSE, trading at 898.05. The board of Birla Estates Private Limited (BEPL), a completely owned subsidiary of CTIL, had actually authorized the proposition to get the land parcel located at Kalwa, Thane, Maharashtra, from Hindalco Industries Limited (HIL) for an overall factor to consider of 595 crore to be paid over an amount of time in numerous tranches and 1.5% of the sales earnings.
- July 13, 2023 10:46
Stock to see: UltraTech Cement
The stock of UltraTech Cement increases 1.28% on BSE, trading at 8327.10. The business has actually revealed the commissioning of 1.3 mtpa brownfield cement capability at Sonar Bangla, West Bengal, taking the system's capability to 3.3 mtpa.
- July 13, 2023 10:43
Nifty Prediction Today– July 13, 2023
Equity standards NSE Nifty50 and BSE Sensex got almost one percent each on Thursday early morning.
While Sensex acquired almost 600 indicate leading 66,000-mark, Nifty50 got 180 indicate trade above 19,550.
Significantly, Nifty broke the 19,500-levels, a resistance that was topping the advantage over the last couple of days. This keeps the bullish view undamaged.
- July 13, 2023 10:40
Rupee gains 21 paise to 81.97 versus United States dollar
The rupee valued 21 paise to 81.97 versus the United States dollar in early trade on Thursday, as a rally in domestic equities and losses in the greenback versus significant competitors overseas reinforced financier belief.
Motivating macroeconomic information supported the regional currency, forex traders stated.
At the interbank forex, the domestic system opened dramatically up at 81.98 versus the dollar and after that enhanced somewhat to 81.97, signing up a gain of 21 paise over its previous close.
- July 13, 2023 10:38
USDA tasks China's cotton imports at a 5-year low
The United States Department of Agriculture (USDA) has actually predicted China's cotton imports at a five-year low in the present season to September. India's cotton exports are seen dropping even more in the next season beginning October to 28 lakh bales (of 170 kg). The USDA has actually raised India's cotton production this season to 331.18 lakh bales.
- July 13, 2023 10:36
Sensex, Nifty struck all-time high levels in early trade
Standard equity indices rebounded in early trade on Thursday, with the Sensex and Nifty scaling their all-time high levels following a rally in worldwide markets in the middle of moderating United States CPI inflation information.
Purchasing in market heavyweight Tata Consultancy Services likewise assisted markets to sell the favorable area.
- July 13, 2023 10:34
USDA anticipated lower oilseed production
The United States Department of Agriculture (USDA) has actually anticipated international 2023-24 (November-October) oilseed production lower by 4 million tonnes (mt) to 667 mt as minimized United States soyabean and EU rapeseed production is partly balanced out by greater rapeseed and sunflowerseed crops in Ukraine.
- July 13, 2023 10:27
CSB Bank: 20.75 cr NSE Block Trade; for ~ 703300 shares, at 295
- July 13, 2023 10:25
Stock to see: Power Finance Corporation
Shares of Power Finance Corporation decreases by 0.70% on NSE, trading at 225.65 per share. The business had actually submitted a draft rack prospectus for raising approximately 10,000 crore through non-convertible debentures.
- July 13, 2023 10:22
Ramco Cements to offer its whole stake in LynksLogistics to Bundl Technologies (Swiggy)
The Ramco Cements Limited at its Board Meeting has actually authorized the execution of the Share Subscription and Purchase Agreement (” SSPA”) for the function of sale and transfer of its whole shareholding (i.e. 49,95,16,202 equity shares) in Lynks Logistics Limited to Bundl Technologies Private Limited in exchange for Compulsorily Convertible Preference Shares of Bundl to be provided and allocated by Bundl to the Company.
The Company will likewise be offering representations/ warranties/indemnities to Bundl in connection with the proposition, the aggregate indemnification liability of the Company not to surpass 86,56,57,050/- based on the concurred terms under the SSPA, based on any Closing date changes on account of Working Capital and Net Debt of Lynks.
- July 13, 2023 10:20
Sensex tops 66k, Nifty50 above 19,550
Equity standards BSE Sensex and NSE Nifty got almost 1% each. While Sensex acquired over 600 indicate leading 66,000-mark, Nifty50 got 180 indicate trade above 19,550.
- July 13, 2023 10:17
Stock to see: SpiceJet
The stock of SpiceJet Ltd increases by 3.08% on BSE, trading at 32.12. The business's promoter Ajay Singh will instill 500 crore into the airline company which will assist enhance its monetary position amidst several headwinds.
- July 13, 2023 10:09
Nazara Technologies loses 0.44%, trading at 685.25
The stock of Nazara Technologies decreases by 0.44% on BSE, trading at 685.25.
- July 13, 2023 10:09
NSE reveals change of Reliance Industries' F&O agreements
NSE has actually revealed change of Reliance Industries' F&O agreements as the business has actually revealed July 20 as the record date for issuance of shares of Reliance Strategic Investments. Appropriately, July, August and September agreements will end on July 19.
- July 13, 2023 10:08
Nifty Bank weekly choices expiration moved to Wednesday
Nifty Bank weekly alternatives expiration moved to Wednesday from Thursday. Month-to-month agreement expiration will stay on Thursdays, per NSE circular
- July 13, 2023 10:08
Stock to view: HCL Tech
The HCL Tech stock is trading flat at 1,105 after reporting misses out on throughout the board in Q1 outcomes. The stock was currently down over 6 percent underperforming Tier 1 peers in the last one week prior to outcomes. Its weak Q1 results makes indicates attaining FY24 assistance will be difficult.
- July 13, 2023 10:07
Godrej Properties to develop job in Gurugram
Godrej Properties to develop high-end property task in Gurugram.
- July 13, 2023 10:06
Senco Gold will be noted on NSE – BSE tomorrow, 14 July 2023
- July 13, 2023 10:06
GST rate cut on F&B s favorable for PVR-INOX: Nuvama Institutional Equities
According to Nuvama Institutional Equities, the relocation is favorable for PVR-INOX due to the fact that
i) Council decreasing GST on F&B (from 18% to 5%) at movie theater halls– no effect on P&L however overhang of any GST conflict disappears. The business was currently scheduling F&B GST at 5% with the view that F&B offered in movie theaters resembles dining establishment service that draws in 5%, and did not obtain input tax credit.
ii) Hollywood (Mission Impossible– Dead Reckoning Part One's release today) paired with local films getting well while Hindi films stay a WIP (a secret monitorable). With the strong content pipeline, financiers can anticipate healing in tramp, if material provides.
- July 13, 2023 10:03
Raghvendra Nath, MD, Ladderup Wealth Management, on India's retail inflation
“In June, India experienced a rise in retail inflation, with the CPI increasing to 4.81%, breaking a four-month pattern of decrease following May's rate of 4.31%. The main motorist behind this inflationary spike can be credited to a boost in food rates. Significantly, the provisionary figure of 4.88% went beyond the marketplace expectation of 4.60% based on the Bloomberg Survey.
“Although the inflation rate stays listed below the upper limit of the Reserve Bank of India's (RBI) target of 6%, the upward pattern raises cautionary flags relating to the prospective effect of the monsoon season and El-Nino, in addition to its ramifications for the timing and anticipation of rate of interest cuts by the reserve bank.”
- July 13, 2023 10:03
Shankara Building: 6.96 cr NSE Block Trade; for ~ 95122 shares, at 732
- July 13, 2023 10:01
NAFED, NCCF asked to offer tomatoes at discount rate to control food inflation
The Centre has actually asked its cooperative firms NAFED and NCCF to provide tomatoes at a discount rate to check skyrocketing costs, and hence, the general inflation. India's retail inflation for June was pegged at 4.7%.
- July 13, 2023 09:59
Stock to see: Dr Reddy's Laboratories
The stock of Dr Reddy's Laboratories decreases by 0.23% on NSE, trading at 5,177.05. The business had previously stated the biologics license application for its proposed biosimilar rituximab prospect had actually been accepted for a substantive evaluation by the USFDA.
- July 13, 2023 09:59
Indian copper need anticipated to be strong in 2023
Indian copper need anticipated to be strong in 2023 in the middle of week international need, states Australian Office of Chief Economist.
- July 13, 2023 09:58
Broker's call: HCL Tech
- Macquarie: Outperform Rating, Target At Rs 1,520
- Jefferies: Hold Rating, Target At Rs 1,205
- Nomura: Neutral Rating, Target At Rs 1,090
- Bernstein: Market Perform Rating, Target at Rs 1,000
- JPMorgan: Underweight Rating, Target At Rs 900
- July 13, 2023 09:56
Adani Green Energy: Sale of energy boosts by 70% YoY in Q1
- July 13, 2023 09:54
SKF touches an all-time high of 5,197
SKF touched an all-time high of 5,197 in today's early trade, going beyond the previous all-time high of 5,175 made on 22 Nov 2022.
- July 13, 2023 09:53
NSE-SME: Tridhya Tech, Synoptics Technologies to be noted today
Shares of Tridhya Tech and Synoptics Technologies will be noted NSE-SME today. Tridhya Tech's IPO got favorable action from all classifications of financiers.
- July 13, 2023 09:50
Synoptics Technologies Limited shares will be noted on NSE-SME today
- July 13, 2023 09:49
Indices rejig
NIFTY-50 addition: LTIMindtree
Sensex-30 addition: JSW Steel
FinNifty: LIC Housing Finance will change HDFC
- July 13, 2023 09:48
PVR Inox acquires 1.20% to 1436 per share
The stock of PVR Inox increases by 1.20% on BSE, trading at 1436.40. A day after the GST Council chose to reduce the tax on food and drinks consumed in movie theater halls to 5%, the movie theaters presented brand-new deals, consisting of endless popcorn and combinations. In a stock market filing, the business stated, “PVR INOX were currently charging GST at 5% on all food and drink cost the movie theaters and this explanation (by GST Council) would not cause alter in the tax position of the business.”
- July 13, 2023 09:45
Centre asks NAFED, NCCF to provide tomatoes at discount rate
The Centre has actually asked its cooperative companies NAFED and NCCF to provide tomatoes at discount rate to control skyrocketing oroces, check inflation.
- July 13, 2023 09:42
Kotak institutional Equities modifies inflation quote to 5.1%
“Weather-led disturbances are anticipated to trigger near-term supply concerns, presenting upside runs the risk of to food inflation. While we stay careful on the monsoon out-turn, the sharp boost in veggie rates is most likely to stay short-lived amidst supply-side main federal government intervention. With subsiding beneficial base impacts, inflation has actually bottomed out in 1QFY24 (averaging 4.6%) and will likely typical 5.3% in 2Q-4QFY24. We, for that reason, modify our FY24 inflation price quote to 5.1% (from 4.9% earlier). We see an advantage of around 25 bps to our inflation price quote if monsoons dissatisfy, which might negatively affect cereals and pulses inflation,” Kotak institutional Equities stated in a note.
- July 13, 2023 09:40
Patanjali Foods drops 5%, trading at 1,166.65
Patanjali Foods shares lose 5 percent in early trade. Shares trading at 1,166.65.
- July 13, 2023 09:38
Godrej Properties becomes the greatest bidder
Godrej Properties has actually been stated the greatest bidder for 2 real estate jobs in Gurugram, topped a location of around 8 acres and with an approximated profits capacity of 3,100 crore.
The business had actually taken part in an e-auction performed by the Haryana Shehri Vikas Adhikaran for the advancement of 2 group real estate plots. The land parcels lie in the Golf Course Road micromarket which is understood for its high end domestic structures along with workplace complexes.
- July 13, 2023 09:36
Stock exchange upgrade: Top gainers and losers at this hour
Significant gainers on the NSE at 9:30 am on July 13: Hindalco (2.39%); HDFC Life (1.60%); Tata Steel (1.48%); Bajaj Auto (1.47%); Hero Motocorp (1.30%)
Significant losers: Power Grid (-1.19%); HCL Tech (-1.18%); Eicher Motors (-0.45%); Nestle India (-0.32%); Maruti (-0.30%)
- July 13, 2023 09:36
DreamFolks and Plaza Premium to consist of 340+ Plaza Premium Lounges in 70+ global airports
DreamFolks and Plaza Premium Group, a worldwide leading airport hospitality service provider, have actually revealed a partnership to consist of 340+ Plaza Premium Lounges in 70+ significant worldwide airports into the DreamFolks international lounge network, using a boosted travel experience to its members around the world beginning July 24.
- July 13, 2023 09:35
Zen Tech shares get 11.58% to touch 52-week high
Zen Tech shares get 11.58 pc to trade at Rs 641.45. Shares touched the 52-week high of Rs 654 as in early trade on Thursday.
- July 13, 2023 09:34
LIC's shareholding in Tata Consumer increases to 7%
Life Insurance Corporation's shareholding in Tata Consumer Products has actually increased from 5.060 percent to 7.065 percent. The Corporation purchased about 1.86 crore shares at a typical rate of 770.69 in between May 2, 2022, and July 11, 2023.
LIC stated that its stake in Deepak Nitrite Ltd has actually increased from 5.028 percent to 7.089 percent. It purchased about 28.11 lakh shares at a typical cost of 2,152.73 in between September 28, 2022, and July 11, 2023.
- July 13, 2023 09:34
HCL Technologies drops 2% on weaker than anticipated Q1 results
Shares of Indian IT firm HCL Technologies dropped 2% on Thursday, a day after the business reported weaker-than-expected quarterly outcomes as its customers cut costs amidst macroeconomic unpredictabilities.
- July 13, 2023 09:32
Patanjali Foods to open OFS at 1,000/ share
Patanjali Foods on Wednesday stated the sell (OFS) by among its promoters, Patanjali Ayurved, at a flooring rate of 1,000 a share, will open on Thursday (for non-retail financiers) and on Friday (for retail financiers). Patanjali Ayurved prepares to offer up to 9 percent of its stake to satisfy the minimum public shareholding standard. The flooring cost is at a high 18.36 percent discount rate to its Wednesday's closing rate of 1,225 on BSE.
- July 13, 2023 09:32
Stock to see: HDFC Bank increases over 1%
HDFC Bank increases over 1% at market open at Rs 1655. The HDFC-HDFC Bank combined entity will have a weightage of around 14.5 percent on Nifty.
- July 13, 2023 09:31
PFC submits draft rack prospectus to raise 10,000 cr
Power Finance Corporation (PFC) has actually submitted a draft rack prospectus for raising as much as 10,000 crore through non-convertible debentures. Of the net earnings, a minimum of 75 percent will be used for onward providing, financing/refinancing the business's existing financial obligation and the balance for basic business functions.
- July 13, 2023 09:29
Stock exchange today: Sensex, Nifty gain over 0.5% in early trade
Equity standards BSE Sensex and NSE Nifty acquired in early trade on Thursday. While Sensex acquired 0.48% or 312 pts to trade at 65,706 pts, Nifty50 got 0.52% or 99 pts to 19,484 pts.
Hindalco Ind got 2.39%, while HDFC Life acquired 1.92% on NSE.
- July 13, 2023 09:19
Brent petroleum futures trade above $80 a barrel
Brent petroleum futures traded above $80 a barrel in the early trade on Thursday as the United States brought out inflation information that was softer-than-the market expectations.
At 9.15 am on Thursday, September Brent oil futures were at $80.50, up by 0.49 percent; and August petroleum futures on WTI (West Texas Intermediate) were at $76.08, up by 0.44 percent.
July petroleum futures were trading at 6238 on Multi Commodity Exchange (MCX) in the preliminary trading hour of Thursday early morning versus the previous close of 6213, up by 0.40 percent; and August futures were trading at 6242 as versus the previous close of 6220, up by 0.35 percent.
- July 13, 2023 09:18
BEPL's borad authorizes land acquisition in Mahrashtra
The board of Birla Estates Private Limited (BEPL), a completely owned subsidiary of Century Textiles and Industries Ltd, has actually authorized the acquisition of a land parcel located at Kalwa, Maharashtra, from Hindalco Industries Limited for 595 crore to be paid in time in several tranches and 1.5 percent of the sales earnings.
- July 13, 2023 09:15
SpiceJet promoter Ajay Singh will instill 500 crore into the airline company
SpiceJet promoter Ajay Singh will instill 500 crore into the airline company- a relocation that will assist improve its monetary position amidst numerous headwinds. The fresh equity infusion will assist the provider in accessing extra credit centers of 206 crore under the Emergency Credit Line Guarantee Scheme (ECLGS), it stated in a declaration on Wednesday.
- July 13, 2023 09:12
NSE reveals modification of Reliance Industries' F&O agreements
NSE has actually revealed change of Reliance Industries' F&O agreements as the business has actually revealed July 20 as the record date for issuance of shares of Reliance Strategic Investments. Appropriately, July, August and September agreements will end on July 19.
- July 13, 2023 09:10
Vaksons Automobiles: Optume Investments purchased 73,526 (0.70%) shares at a typical cost of 18.76/ share
- July 13, 2023 09:10
Primo Chemicals: Societe Generale purchased t4,797,345 (1.98%) shares at a typical cost of 60.1/ share
- July 13, 2023 09:09
Premier Explosives: Jainam Broking purchased 66,098 (0.61%) shares at a typical cost of 704.32/ share
- July 13, 2023 09:08
Delta Corp: Equirus Wealth offered 2,532,343 (0.95%) shares at a typical cost of 185.13/ share
- July 13, 2023 09:07
IPO screener: Utkarsh SFB problem subscribed 4.73 times on Day 1
The 500-crore IPO of Utkarsh Small Finance Bank experienced a strong interest on Day 1 of the concern opening for membership. At the end of Wednesday, the concern was subscribed 4.73 times.
The SFB has actually repaired 23-25 as the rate band. The problem will close on July 14. Minimum bid lot is 600 equity shares.
The IPO got quotes for 57.07 crore shares versus 12.05 crore shares available, per to NSE information.
- July 13, 2023 09:04
Dividend statements
Apollo Tyres Ltd.
- Dividend Per Share Rs.4
- Unique Dividend Per Share Rs. 0.5
- Previous day Closing Price– Rs. 432.7
Artemis Medicare Services Ltd
- Dividend Per Share Rs.0.45
- Previous day Closing Price– Rs. 123.1
Astrazeneca Pharma India Ltd.
- Dividend Per Share Rs.16
- Previous day Closing Price– Rs. 3740.45
Atul Ltd.
- Dividend Per Share Rs.25
- Previous day Closing Price– Rs. 6570.9
AU Small Finance Bank Ltd
- Dividend Per Share Rs.1
- Previous day Closing Price– Rs. 770.85
Bimetal Bearings Ltd.
- Dividend Per Share Rs.12.5
- Previous day Closing Price– Rs. 499
Bosch Ltd.
- Dividend Per Share Rs.280
- Previous day Closing Price– Rs. 19525.7
Birlasoft Ltd
- Dividend Per Share Rs.2
- Previous day Closing Price– Rs. 349.1
Control Print Ltd.
- Dividend Per Share Rs.5
- Previous day Closing Price– Rs. 651.95
Coromandel International Ltd.
- Dividend Per Share Rs.6
- Previous day Closing Price– Rs. 959
Expleo Solutions Ltd
- Dividend Per Share Rs.5
- Previous day Closing Price– Rs. 1551.95
Globus Spirits Ltd.
- Dividend Per Share Rs.6
- Previous day Closing Price– Rs. 1264.85
Hindustan Zinc Ltd.
- Dividend Per Share Rs.7
- Previous day Closing Price– Rs. 332.5
Kabra Extrusiontechnik Ltd.
- Dividend Per Share Rs.3.5
- Previous day Closing Price– Rs. 441.3
Kirloskar Ferrous Industries Ltd.
- Dividend Per Share Rs.3
- Previous day Closing Price– Rs. 492.5
Ksolves India Ltd
- Dividend Per Share Rs.8
- Previous day Closing Price– Rs. 1067.6
Lupin Ltd.
- Dividend Per Share Rs.4
- Previous day Closing Price– Rs. 940.25
Mahindra & & Mahindra Ltd.
- Dividend Per Share Rs.16.25
- Previous day Closing Price– Rs. 1569.4
Mahindra Logistics Ltd
- Dividend Per Share Rs.2.5
- Previous day Closing Price– Rs. 380
Polychem Ltd.
- Dividend Per Share Rs.20
- Previous day Closing Price– Rs. 1465.3
PTL Enterprises Ltd.
- Dividend Per Share Rs.1.75
- Previous day Closing Price– Rs. 37.83
REC Ltd
- Dividend Per Share Rs.4.35
- Previous day Closing Price– Rs. 168.95
Safari Industries (India) Ltd.
- Dividend Per Share Rs.2
- Previous day Closing Price– Rs. 3070.95
Shanthi Gears Ltd.
- Dividend Per Share Rs.2
- Previous day Closing Price– Rs. 464.95
Tasty Bite Eatables Ltd.
- Dividend Per Share Rs.2
- Previous day Closing Price– Rs. 13635.35
Thirumalai Chemicals Ltd.
- Dividend Per Share Rs.1.5
- Previous day Closing Price– Rs. 192.1
Ujjivan Small Finance Bank Ltd
- Dividend Per Share Rs.0.5
- Previous day Closing Price– Rs. 42.58
Ultramarine & & Pigments Ltd.
- Dividend Per Share Rs.5
- Previous day Closing Price– Rs. 379.25
- July 13, 2023 08:55
Stocks that will see action today
Wipro, SpiceJet, Hindalco, Century Textiles, Angel One, Dr Reddy's, Federal Bank, PFC, Patanjali Foods, Tata Consumer, Deepak Nitrite, Dreamfolks, Sealmatic, Aditya Birla Money, Avantel, Bhansali Engineering, Sterling & & Wilson Renewable, and Tata Metaliks are a few of the stocks that are anticipated to be in action today.
- July 13, 2023 08:47
Sensex, Nifty most likely to open flat on inflation concerns
Indian shares are set to open little bit altered on Thursday on care after higher-than-expected domestic inflation balanced out optimism from small amounts in United States inflation and as June quarter revenues drip in.
India's GIFT Nifty on the NSE International Exchange was down 0.03% to 19,549.50 since 8:17 a.m. IST.
- July 13, 2023 08:41
Stock to purchase today: Indian Bank
The upmove in Indian Bank is acquiring momentum. The 4 percent increase on Wednesday has actually enhanced the increase that has actually remained in location considering that the recently of June. In addition, there is a bullish changeover in between the 21-Day Moving Average and the 100-Day Moving Average.
This enhances the bullish case and shows that disadvantage might be restricted. Assistances are at 314 and 308.
- July 13, 2023 08:39
Day Trading Guide for July 13, 2023
Here are the essential intraday supports and resistance for commonly traded stocks, such as Reliance Industries, Infosys, HDFC Bank, TCS, and SBI.
