Top News on June 15: SAT to hear ZEEL promoter plea, Vodafone stock in focus after $19 billion merger in UK, TCS, DCB Bank shares to trade ex-dividend, Nifty, markets outlook, Cell Point IPO, Cyclone Biparjoy landfall

Produced by: Prashanti Moktan

SAT to take up Zee Ent promoter plea today

The Securities Appellate Tribunal (SAT) will reportedly take up Essel Group chairman Subhash Chandra and Zee Entertainment Enterprises Ltd MD and CEO Punit Goenka’s plea today (June 15). The ZEEL promoter and CEO have challenged the SEBI interim order that barred them from holding the position of a director or key managerial personnel in any listed company, as per sources

Vodafone-Hutchison $19 billion merger in UK

Vodafone Idea stock will be in focus today (June 17) on Dalal Street following Vodafone and CK Hutchison’s $19 billion merger of their British mobile operations

“The recent recovery in the Nifty index lacks decisiveness due to underperformance from the banking index and we expect this divergence to end soon. Meanwhile, buying in heavyweights like Reliance  has played a critical role in keeping the tone positive. Amid all, we reiterate our view to stay selective and prefer sectors/stocks that are attracting consistent buying interest,” said Ajit Mishra, SVP- Technical Research, Religare Broking Ltd.

Nifty, Sensex Outlook  on June 15

Shares of DCB Bank, Tata Consultancy Services (TCS), Visaka Industries Ltd and DJ Mediaprint & Logistics Ltd will turn ex-dividend today (June 15)

DCB Bank, TCS among stocks turning ex-dividend

Today (June 15) is the last day if you wish to pay the first instalment of advance tax payment, where you has to pay a minimum of 15% of total income tax for the year

Last Day for first instalment of Advance Tax Payment

The G20 Agriculture Ministerial meeting will commence in Hyderabad from today (June 15) and will go on till June 17. Over 200 delegates from G-20 member countries, invited countries and global organisations are scheduled to participate in the meeting. Agriculture Ministers from various countries and Director Generals from global organisations will also take part

G-20 Agriculture Ministerial meeting in Hyderabad

Cell Point IPO is set to open for subscription today, June 15, and will close on June 20. The fixed issue IPO will be Rs 100 per share. Cell Point India Ltd IPO was at a premium of Rs 12 in the grey market as on June 13. Cell Point shares will get listed on NSE Emerge

Cell Point IPO today: Dates, GMP, Issue Price

Allu Arjun's AAA Cinemas to launch today

Allu Arjun's AAA Cinemas will be inaugurated today in Hyderabad's Ameerpet. Prabhas starrer Adipurush, which will release tomorrow (June 16), will be the first film to be screened here

Gold price today (June 15)

“We expect, looking at the daily time frame, that Comex Gold can correct further to the $1,910/$1,895 level if it breaks the support of the $1,930 level. For the time being, $1,984 remains the major supply area. MCX Gold August future is likely to find support at Rs 58,780 and resistance at Rs 60,170,” said Saumil Gandhi, Senior Analyst- Commodities, HDFC Securities

“We expect crude oil prices to rally further in today’s session. For the day, NYMEX WTI crude oil has resistance at $73.19 per barrel and finds support at $67.70 per barrel. MCX Crude Oil June future has support at Rs 5,670 per barrel and resistance at Rs 5,905 per barrel,” said Saumil Gandhi, Senior Analyst- Commodities, HDFC Securities

Crude oil price outlook today (June 15)

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

Diesel, Petrol Price today (June 15)