Multibagger stocks Gulshan Polyols and Indiamart Intermesh stocks will trade ex-bonus today (June 21). While Gulshan Polyols will issue bonus shares in the proportion of 1:5, Indiamart Intermesh has declared a bonus issue in the 1:1 proportion
Polycab India Ltd, Oberio Realty Ltd, Shree Digvijay Cement Co Ltd, Panasonic Carbon Ltd, Supreme Industries Ltd and Vimta Labs Ltd are set to trade ex-dividend today (June 21)
The first official agenda on Prime Minister Narendra Modi’s US trip will be a historic celebration of 9th International Day of Yoga today (June 21) as he is set to lead a yoga session at the UN Headquarters in New York on the occasion
“Investors would focus on PM Modi’s visit to the US as this will strengthen ties and deal wins. Also, all eyes will be on Fed chair Jerome Powell’s two-day congressional testimony starting on Wednesday. These could potentially hint at a July hike given the Fed signaled the possibility of more rate increases later in the year if inflation remained an issue,” said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.
“Niche sector like Defence is likely to remain in action on the back of expectation of new orders. NBFC stocks are witnessing renewed interest on expectation of good monsoon which would improve microfinance demand from the rural sectors. IT sector is likely to remain in focus ahead of Accenture results on Thursday,” said Motilal Oswal Financial Services’ Siddhartha Khemka
“Comex gold price has immediate support at $1939 per ounce and resistance at $1970 per ounce. MCX Gold August future has support at Rs 59,080 per 10 gram and resistance at Rs 59,570 per 10 gram,” said Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities
“NYMEX WTI crude oil has first resistance at $72.30 if price crosses this level, then the rally will extend towards the $74.08 level (100-day SMA). On the flip side, the area around $70.80 acts as strong support for the day. MCX Crude Oil July contract resistance is at Rs 6,080, and support at Rs 5,820 acts as support,” said Saumil Gandhi, Senior Analyst- Commodities, HDFC Securities
The sale of Xiaomi Pad 6 along with the bundle offers will begin in India today (June 21). The Xiaomi Pad 6 price will start at Rs. 23,999 and it will be available on Mi.com, Amazon website, and Xiaomi’s retail partners
Monsoon rains are expected to arrive in Odisha today (June 21). As per the latest update by the India Meteorological Department (IMD), favourable conditions are in place for the southwest monsoon’s further advancement. Remnants of Cyclone Biparjoy are likely to bring rainfall to Madhya Pradesh while heavy to very heavy rains are expected to continue over East Rajasthan
Public sector OMCs including BPCL, IOCL and HPCL revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Petrol and diesel prices today remained stable