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Nifty View:
SGX Nifty indicates a positive opening for Nifty.
Global Markets are indicating a positive bias.
34 of Nifty 50 stocks had closed in Green last day. Foreign institutional investors (FIIs) bought net shares worth Rs 1681 crore, while domestic institutional investors (DIIs) net sold shares worth Rs 1750 crore.
Key support to Nifty is placed at 18,250 followed by 18,040. Important resistance at 18,380 followed by 18,500.
Stock In News:
PNB Housing Finance: The board has decided not to proceed with a preferential issue of shares to investors led by Carlyle after the plan was delayed due to pending legal proceedings
HCL TECH: weak results
Vivimed Labs: Ramesh Krishnamurthy has resigned as the CEO and CFO of the company effective from October 15.
Lupin: Lupin Pharmaceuticals Inc. has voluntarily recalled lrbesartan tablets and lrbesartan and Hydrochlorothiazide tablets in the U.S.
Laxmi organic: INDIA IMPOSES ANTI-DUMPING DUTY ON ARYLIDES FROM CHINA FOR 5 years ( Jubilant ingrevia also get benefit but indirectly and they are doing capex for this
Vedanta & Hindalco : upgraded by credit suisse
Panchsheel Organics Ltd board approves 1:1 bonus issue
Asian Granito India Ltd allots rights shares
Rain Industries Limited arm completes upgradation project of cement plant
Ircon International Ltd bags contract for Rs. 11.74 crore
Weizmann Ltd board approves buyback of equity shares
Zen Technologies board approves preferential issue of CCDs, warrants
Shree Ganesh Remedies Limited fixes Nov 2, 2021 as record date for bonus issue
Dr. Reddy’s Laboratories: Exelixis Inc has in-licensed second anti-cancer compound
Dixon Technologies (India): Dixon Electro Appliances, a subsidiary of the company, has received approval from the government under PLI scheme
HFCL Ltd arm gets approval for availing benefits under PLI scheme
Optiemus: DOT approves Optiemus Group company's PLI scheme
NBCC India: The company secured the total business of Rs 2,100.96 crore in Sep
Trident: Commissions Solar Power Plant Project Of 7.6 MW Solar Power Expected To Produce 33500 Units Per Day At Budhni, Madhya Pradesh
lnduslnd Bank: Board to meet on Oct 21 to consider proposal for raising of funds
Shilpa Medicare: To raise up to Rs 297.51 crore via share allotment. The company approved the preferential allotment of 52.75 lakh shares to various marquee investors at a price of Rs 564 per share
SRF: To Allot Bonus Equity Shares In The Proportion Of 1:4; Keeps Oct 14, 2021 As A Record Date
N R Agarwal Industries: Approved Asset Sale Of Unit Situated At Plot In Gujarat To Shree Ajit Pulp And Paper
BASF India: The Karnataka Appellate Tribunal has granted stay on recovery of tax demand aggregating to Rs 40.65 crore pertaining to the tax period 2016-2017
MM Forgings: Says Approved Signing Of Share Purchase Agreement And Acquisition Of Cafoma Autoparts Pvt Ltd || Deal For 330m Rupees
Macrotech Developers: Board to meet on October 21 to consider proposal to raise funds. Further the company is in talks to sell 4 lakh sq ft office building in Mumbai - PTI
HDFC BANK Q2 : Net Profit up 18 % To Rs 8834 cr (YOY) , Up 14 % QOQ, NII up 12 % To Rs 17864 cr (YOY)
Major Quarterly Results on 18.10.21:
- Ultratech Cement
- L&T Infotech
- Hatsun Agro Product
- Route Mobile
- Craftsman Automation
- Alok Industries
- Tata Coffee
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