Bank of India, Ceat Ltd, Newgen Software, Cera Sanitaryware, Meghmani Finechem, Meghmani Organics and Sagar Cements are among the stocks set to trade ex-dividend today (June 20)
PM Narendra Modi will be on separate state visits to the United States and Egypt from June 21 to 25. On June 20, PM Modi will land in the evening and is expected to be greeted by a group of Indian Americans at the Andrews Air Force Base. Notably, this will mark PM Modi's first official State visit to the US
“The Indian PM’s visit to the US is likely to bring deal wins in the defense space and strengthen the trade relation. Niche sectors like Insurance, and Pharma could continue to be in focus after recovery was seen in their respective monthly data. NBFC too is in focus after the slowing of inflation and the recent rate pause,” said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.
HMA Agro Industries IPO is set to open today (June 20) and close on June 23. HMA Agro Industries shares will get listed on BSE and NSE most likely on July 4
HMA Agro Industries intends to raise Rs 480 crore via primary stake sale by selling its shares in the price band of Rs 555-585 apiece. The IPO GMP is reportedly over Rs 585
HDFC AMC shares will be in focus today (June 20) after promoter Abrdn Investment Management sold its stake of 10.2 percent in the company for the offer price range of Rs 1,800 – Rs 1,892.45 per share . Notably, HDFC AMC closed 1.4 percent lower on June 19 at Rs 1,891.10
“Comex spot gold prices were able to close above the critical support level of $1935/oz, which signals that the price is likely to increase further. Comex spot gold has support at $1925/oz and resistance at $1984/oz. The MCX Gold August future has resistance at Rs 60,170 and support at Rs 58,900,” said Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities
“We expect crude oil prices to continue to trade in a broader range with a negative bias based on gloomy fundamentals. On the technical front, NYMEX WTI crude oil has immediate resistance at $74.70. Until the price trades below this level, one should avoid buying. Area around $66.80 acts as strong support for the week. MCX Crude Oil July contract resistance is at Rs 6070, and on the flip side, Rs 5620 acts as support,” said Saumil Gandhi, Senior Analyst- Commodities, HDFC Securities
Lord Jagannath Puri Rath Yatra 2023 will be held today. The annual festival is dedicated to worship Lord Krishna, Balbhadra, and Subhadra at the famous Puri Jagannath Temple. The Rath Yatra begins at 7:30 am with the deities being taken towards the Gundicha temple. After the deities are brought back to the Jagannath Temple, the Yatra ends with the special ritual Niladri Bije on July 1
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