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June 5, 2024
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Stocks with high de ry Percentage* Craftsman Automation Ltd – 81.7% SW Renewable Energy Ltd – 79.6% Sundaram Fasteners Ltd – 79.2% Himadri Speciality chemicals Ltd – 77.9% Cholamandalam Financial Holdings Ltd – 77.7% *Primary market acivities* IPOs opening today Sattrix Information Security Ltd (BSE SME) – Issue size 21.78Cr Magenta Lifecare Ltd (BSE SME) – Issue size 7Cr Listing today Ztech India Ltd (NSE SME) – Subscribed 371.39x *Commodities updates* Gold – Rs 74350/10gm, Silver – Rs 89630/kg, Brcrude – Rs 6173/barrel, Copper – Rs 863.3/kg. *Corporate News* PNB to float Canara HSBC Life Insurance IPO, will divest 10% stake. Tata Motors Fin to merge with Tata Capital via NCLT scheme of arrangement. RIL registers sub-lease deed for land to develop global economic hub. StockMarket #StockMarket #FinancialNews Stocks with high de ry Percentage* Craftsman Automation Ltd – 81.7% SW Renewable Energy Ltd – 79.6% Sundaram Fasteners Ltd – 79.2% Himadri Speciality chemicals Ltd – 77.9% Cholamandalam Financial Holdings Ltd – 77.7% *Primary market acivities* IPOs opening today Sattrix Information Security Ltd (BSE SME) – Issue size 21.78Cr Magenta Lifecare Ltd (BSE SME) – Issue size 7Cr Listing today Ztech India Ltd (NSE SME) – Subscribed 371.39x *Commodities updates* Gold – Rs 74350/10gm, Silver – Rs 89630/kg, Brcrude – Rs 6173/barrel, Copper – Rs 863.3/kg. *Corporate News* PNB to float Canara HSBC Life Insurance IPO, will divest 10% stake. Tata Motors Fin to merge with Tata Capital via NCLT scheme of arrangement. RIL registers sub-lease deed for land to develop global economic hub StockMarket #StockMarket #FinancialNews

Stocks with high de ry Percentage*Craftsman Automation Ltd – 81.7%SW Renewable Energy Ltd – 79.6%Sundaram Fasteners Ltd – 79.2%Himadri Speciality...

June 5, 2024
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Sensex and Nifty indices are expected to open higher as trend in GIFT Nifty indicating a firm start for broader index. Asian markets were trading higher. U.S. markets closed slightly higher on Tuesday after the release of labour market data, which was weaker than anticipated. At close, the Dow Jones Industrial Average rose 140.26 points, or 0.36%, to 38,711.29, the S&P 500 gained 7.94 points, or 0.15%, to 5,291.34 and the Nasdaq Composite gained 28.38 points, or 0.17%, to 16,857.05. On Tuesday, the Indian equities registered the biggest single-day fall since March 23, 2020 (during Covid lockdown crash). At close, the Sensex was down 4,389.73 points or 5.74 percent at 72,079.05, and the Nifty was down 1,379.40 points or 5.93 percent at 21,884.50. FinancialNews #Investment #StockMarket Sensex and Nifty indices are expected to open higher as trend in GIFT Nifty indicating a firm start for broader index. Asian markets were trading higher. U.S. markets closed slightly higher on Tuesday after the release of labour market data, which was weaker than anticipated. At close, the Dow Jones Industrial Average rose 140.26 points, or 0.36%, to 38,711.29, the S&P 500 gained 7.94 points, or 0.15%, to 5,291.34 and the Nasdaq Composite gained 28.38 points, or 0.17%, to 16,857.05. On Tuesday, the Indian equities registered the biggest single-day fall since March 23, 2020 (during Covid lockdown crash). At close, the Sensex was down 4,389.73 points or 5.74 percent at 72,079.05, and the Nifty was down 1,379.40 points or 5.93 percent at 21,884.50 FinancialNews #Investment #StockMarket

Sensex and Nifty indices are expected to open higher as trend in GIFT Nifty indicating a firm start for broader...

June 5, 2024
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highlights of the day Gold prices edged lower after yesterday’s rally, as investors remained cautious ahead of this week’s key US job data. Copper futures pared its earlier gains amid concerns on Chinese demand. NYMEX crude oil prices extended its decline on Tuesday amid growing worries on over-supply after the OPEC+ members agreed to phase out its voluntary production cut after September 2024. FinancialNews #StockMarket highlights of the day Gold prices edged lower after yesterday’s rally, as investors remained cautious ahead of this week’s key US job data. Copper futures pared its earlier gains amid concerns on Chinese demand. NYMEX crude oil prices extended its decline on Tuesday amid growing worries on over-supply after the OPEC+ members agreed to phase out its voluntary production cut after September 2024 FinancialNews #StockMarket

highlights of the day Gold prices edged lower after yesterday’s rally, as investors remained cautious ahead of this week’s key...

June 5, 2024
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Global Indices GIFT Nifty: 22032 +85 Hangseng: 18549 +105 Dow: 38711 +140 S&P 500: 5291.34 +8 Nasdaq: 16853.74 +25 USD / INR: 83.57 Brent Crude: 77.53 GOLD: 2349.40 FII Net (04-06-2024): -12436.22 DII Net (04-06-2024): -3318.98 Global Indices GIFT Nifty: 22032 +85 Hangseng: 18549 +105 Dow: 38711 +140 S&P 500: 5291.34 +8 Nasdaq: 16853.74 +25 USD / INR: 83.57 Brent Crude: 77.53 GOLD: 2349.40 FII Net (04-06-2024): -12436.22 DII Net (04-06-2024): -3318.98

Global Indices GIFT Nifty: 22032 +85Hangseng: 18549 +105Dow: 38711 +140S&P 500: 5291.34 +8Nasdaq: 16853.74 +25USD / INR: 83.57Brent Crude: 77.53GOLD:...

June 4, 2024
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Consensus on Markets So Far: – Upside capped as of now, sell on rise to be continue. – Public capital expenditure is expected to decline. – Consumer staples and healthcare sectors are anticipated to gain prominence. – Global long funds are currently underweight on India but are likely to engage soon. – Significant froth has been skimmed off small and mid-cap stocks over the last three months. – Greater clarity is expected after the cabinet formation and the Budget announcement. – Populist measures, including more freebies, are likely to continue. – Sectors such as defence, power, and infrastructure may experience selling pressure on any rise Consensus on Markets So Far: – Upside capped as of now, sell on rise to be continue. – Public capital expenditure is expected to decline. – Consumer staples and healthcare sectors are anticipated to gain prominence. – Global long funds are currently underweight on India but are likely to engage soon. – Significant froth has been skimmed off small and mid-cap stocks over the last three months. – Greater clarity is expected after the cabinet formation and the Budget announcement. – Populist measures, including more freebies, are likely to continue. – Sectors such as defence, power, and infrastructure may experience selling pressure on any rise

Consensus on Markets So Far: – Upside capped as of now, sell on rise to be continue.– Public capital expenditure...

June 4, 2024
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PSU Stocks Amongst Biggest Losers, All PSE & CPSE Constituents Fall PSU Stocks Fall Up To 25% With Power Financiers Being Biggest Losers FMCG Stocks Lend Support To Market, 70% Of Index Constituents Rise BHEL, Hind Copper, BEL, Nalco, SAIL, CONCOR Biggest PSU Losers Adani Group Stocks See Major Selling, Fall 10-21% Sun TV Ends With Minor Gains On DMK’s Performance In Tamil Nadu Consumption-related Stocks See Healthy Gains, Dabur, Colgate Top Galners PSU Stocks Amongst Biggest Losers, All PSE & CPSE Constituents Fall PSU Stocks Fall Up To 25% With Power Financiers Being Biggest Losers FMCG Stocks Lend Support To Market, 70% Of Index Constituents Rise BHEL, Hind Copper, BEL, Nalco, SAIL, CONCOR Biggest PSU Losers Adani Group Stocks See Major Selling, Fall 10-21% Sun TV Ends With Minor Gains On DMK’s Performance In Tamil Nadu Consumption-related Stocks See Healthy Gains, Dabur, Colgate Top Galners

PSU Stocks Amongst Biggest Losers, All PSE & CPSE Constituents Fall PSU Stocks Fall Up To 25% With Power Financiers...

June 4, 2024
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Global Indices GIFT Nifty: 23499 +33 Hangseng: 18483 +81 Dow: 23499 -115 S&P 500: 5283 +6 Nasdaq: 16828 +94 USD / INR: 83.10 Brent Crude: 77.90 GOLD: 2369.40 FII Net (03-06-2024): +6851 DII Net (03-06-2024): +1914 Global Indices GIFT Nifty: 23499 +33 Hangseng: 18483 +81 Dow: 23499 -115 S&P 500: 5283 +6 Nasdaq: 16828 +94 USD / INR: 83.10 Brent Crude: 77.90 GOLD: 2369.40 FII Net (03-06-2024): +6851 DII Net (03-06-2024): +1914

Global Indices GIFT Nifty: 23499 +33Hangseng: 18483 +81Dow: 23499 -115S&P 500: 5283 +6Nasdaq: 16828 +94USD / INR: 83.10Brent Crude: 77.90GOLD:...

June 3, 2024
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Stock market rally adds Rs 12 lakh crore to investors’ wealth Indian equity benchmarks BSE Sensex and Nifty 50 reached record highs driven by exit polls predicting a strong mandate for PM Modi’s third term Stock market rally adds Rs 12 lakh crore to investors’ wealth Indian equity benchmarks BSE Sensex and Nifty 50 reached record highs driven by exit polls predicting a strong mandate for PM Modi’s third term

Stock market rally adds Rs 12 lakh crore to investors’ wealth Indian equity benchmarks BSE Sensex and Nifty 50 reached...

June 3, 2024
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US Economic Event • Manufacturing PMI (May): Actual 51.3 Forecast 50.9 Previous 50.0 • ISM Manufacturing PMI (May): Actual 48.7 Forecast 49.8 Previous 49.2 • ISM Manufacturing Employment (May): Actual 51.1 Previous 48.6 • ISM Manufacturing Prices (May): Actual 57.0 Forecast 60.0 Previous 60.9 US Economic Event • Manufacturing PMI (May): Actual 51.3 Forecast 50.9 Previous 50.0 • ISM Manufacturing PMI (May): Actual 48.7 Forecast 49.8 Previous 49.2 • ISM Manufacturing Employment (May): Actual 51.1 Previous 48.6 • ISM Manufacturing Prices (May): Actual 57.0 Forecast 60.0 Previous 60.9

US Economic Event • Manufacturing PMI (May): Actual 51.3 Forecast 50.9 Previous 50.0 • ISM Manufacturing PMI (May): Actual 48.7...