The Society of Indian Automobile Manufacturers (SIAM) on Tuesday, June 12, 2023, will release the Auto Industry Sales Performance data for the month of May 2023
Domestic equities started the week on an optimistic note, supported by encouraging global cues. However, investors seemed cautious ahead of eventful week with many economic data points set to be released this week. Today, market would react to India’s inflation and IIP numbers. Investors are keenly awaiting central banks’ viz US Fed, ECB and BoJ interest rate decisions this week where they are expected to take a pause
“Both price and momentum indicators are suggesting that there could be a consolidation in the near term and the overall uptrend in Nifty is still intact. In terms of levels, 18,530–18,500 shall act as a crucial support zone while 18,778–18,800 shall act as an immediate hurdle zone. The short-term target for Bank Nifty is placed at 44,500,” said Jatin Gedia, Technical Research Analyst, Sharekhan by BNP Paribas
“Comex Gold could hold bullishness until it trades above $1,930 per ounce. For the time being, $1,995 to $2,017 per ounce remain the major supply areas. Overall, a weekly range could be expected for Comex gold between $2,017 - $1,930. MCX Gold August future has support at Rs 59,275 and resistance at Rs 60,750,” said Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities
Moody's & ICRA India Credit Conference 2023 is scheduled for June 13, 2023 on the theme, 'Will India thrive amid global headwinds?' In the briefing, Moody’s and ICRA analysts will discuss the credit outlook for India amid global headwinds
PM Narendra Modi will distribute around 70,000 appointment letters to newly- inducted recruits on Tuesday via video conference, an official said on Monday. He will also address these appointees on the occasion. The "Rozgar Mela" will be held at 43 locations across the country. The recruitment is taking place across the Central government departments as well as in state governments
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
Xiaomi Pad 6 launch is set for June 13 in India. The Pad 6 is a follow-up to the Pad 5, which was Xiaomi’s first tablet in India in seven years. It was launched in China in April, alongside a “pro” model which is presumably not coming to India at the time of writing. The Pad 6 may be considered as Xiaomi’s answer to the OnePlus Pad, which has been getting rave reviews for its attractive hardware and affordable pricing
Azista BST Aerospace (ABA), which aims to mass manufacture satellites in India for the global market, will launch its first satellite — ABA First Runner (AFR) — onboard a SpaceX Falcon 9 rocket today at 2.49 AM as part of the Transporter 8 Mission. ABA is a joint venture between Azista Industries and Berlin Space Technologies