
A red stock index price graph sits on a digital display screen at the Hellenic Stock Exchange in Athens, Greece. (Photographer: Yorgos Karahalis/Bloomberg)
Live: SGX Nifty Swings On Trade Tensions; Info Edge, Asian Paints In Focus
Key Stocks In Focus
- Info Edge: To raise Rs 1,875 crore through issue of equity shares of face value of Rs 10 via a Qualified Institutions Placement (QIP).
- Fitch Ratings: Revises outlook on long-term issuer default ratings of Indian Oil, BPCL, Oil India, GAIL, Power Grid and NTPC to negative from stable. The long-term Issuer Default Rating is re-affirmed at BBB- for all the companies.
- Alkem Laboratories: Board approved closure of operations at its manufacturing facility at the Betalactum block in Daman. The facility contributed 0.8% of the total turnover and mainly catered to the international market and was significantly under-utilized.
- HDFC AMC: Says it is now compliant with minimum public shareholding norms as per SEBI, after the stake sale through an OFS by Standard Life Investments. Promoters currently hold 73.97% stake in the company.
- Satin Creditcare Network: Approved raising Rs 120 crore via rights issue.
- UTI AMC: Received SEBI nod for Rs 3,000 crore IPO.
- Omaxe: To consider raising funds on June 29.
- Non-Nifty Earnings Today: Page Industries, Berger Paints, Alkyl Amines, Aster DM Healthcare, Balrampur Chini, Bank of Baroda, DB Corp, Finolex Industries, GM Breweries, Hatsun Agro, Kolte-Patil, Indian Bank, Phillips Carbon Black.
To know more about results reported after market hours and expectations from the results today, click here.
Your Trade Setup For The Day
How Did The Fund Flows Fare On Monday
A Check On Indian ADRs
U.S. Markets On Monday
- Benchmark indices ended with gains, led by technology shares
- Nasdaq gained for the seventh straight day, its longest rally of the year
- S&P 500 underperformed with some sectors under pressure
- Gold tested a seven-year high while the U.S. Dollar weakened
- "Rightly or wrongly, there’s also a pretty widespread feeling that riskier assets won’t go down too far because the Federal Reserve won’t let them," James Athey of Aberdeen Standard Investments told Bloomberg.
- The S&P 500 is within 10% of its pre-pandemic peak
Catch all the live action from the global markets here.