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Stock Market Today: All You Need To Know Going Into Trade On June 15

Stocks in the news, big brokerage calls of the day, complete trade setup and much more!

<div class="paragraphs"><p>Pancakes with raspberries and blueberries. (Photo: Fa Barboza/Unsplash)</p></div>
Pancakes with raspberries and blueberries. (Photo: Fa Barboza/Unsplash)

Asian stocks struggled for direction on Wednesday after S&P 500 fell for a fifth straight trading session--the longest losing streak in five months.

US treasury yields and the dollar rose ahead of an FOMC decision due tonight. Shares dipped in Japan, Australia and South Korea. As of 6:45 am, the Singapore-traded SGX Nifty--an early barometer of India's benchmark Nifty 50--was 0.07% higher at 15,711.50 points.

Elsewhere, bitcoin traded below $22,000. Oil held under $120 a barrel.

Stock Market Today: All You Need To Know Going Into Trade On June 15

Stocks To Watch

  • GR Infraprojects: CBI has filed an FIR against GR Infraprojects and three of the company's officials under Prevention of Corruption Act.

  • LIC: The company’s stake in Hero MotoCorp has increased from 9.163% to 11.256%. It has also increased its stake in HUL to 5.008%.

  • SBI: India's largest public sector lender has increased MCLR-based lending rates across tenors by 20 basis points.

  • NTPC: The company has started commercial operations for 15 MW out of 56 MW Kawas Solar PV Project at Kawas, Gujarat, taking its total operational capacity to 54,666.68 MW.

  • Wipro: The Bengaluru-based IT firm will increase its headcount in Norway to 350 to help clients capitalise on digital transformation.

  • Asian Paints: The company has acquired 51% stake in Weatherseal Fenestration for Rs 19 crore to make it a subsidiary.

  • Cipla: The drugmaker, along with Drugs for Neglected Diseases initiative, has launched an HIV drug for children in South Africa.

  • Bajaj Auto: Shekhar Bajaj has resigned as the non-executive director of the company due to health reasons.

  • Engineers India: The company was appointed as project management consultant by Nayveli Lignite Corp. for 1200 TPD lignite to methanol project. The project is expected to be commissioned in 2027.

  • Biocon: The Competition Commission of India has approved the sale of the global biosimilars portfolio of Viatris Inc. to the company.

  • IIFL Wealth: The Competition Commission of India has approved purchase of 24.98% stake of the company by Bain Capital.

  • GR Infraprojects: GR Bandikui Jaipur Expressway, a wholly owned subsidiary of the company, executed the concession agreement with the National Highways Authority of India.

Pledged Shares Details

  • Chambal Fertilisers & Chemicals: Promoter Zuari Global created a pledge of 13.75 lakh shares between June 9 and June 10. Promoter Group Master Exchange & Finance created a pledge of 7 lakh shares on June 9.

Insider Trades

  • Uflex: Flex International bought 14,000 shares on June 14.

  • Usha Martin: Peterhouse Investments sold 1.37 lakh shares on June 9.

  • Zydus Wellness: Zydus Family Trust bought 9,580 shares on June 13.

  • Geojit Financial: BNP Paribas SA sold 35,000 shares on June 10.

  • GATI: Bunny Investments and Finance sold 20,000 shares on June 10.

  • Shalby: Vikram Indrajit Shah bought 10,000 shares on June 13.

  • Mrs. Bectors Food Specialties: Promoter Group Suvir Bector and Ishaan Bector bought 3,000 shares each between June 10 and June 13.

Bulk Deals

  • Future Retail: Vistra ITCL sold 47 lakh shares (0.86% stake) at Rs 8.85 apiece.

  • Future Consumer: Vistra ITCL sold 1.08 crores shares (0.54% stake) at Rs 2.50 apiece.

Trading Tweaks

  • Record Date AGM/Dividend: DCB Bank

  • Ex-Date Dividend: KEC International, Tata Power

  • Ex-Date AGM/Dividend: Khaitan Chemicals & Fertilizers, Newgen Software Technologies, Tata Chemicals, Tata Elxsi, Sonata Software, Tata Steel, Hindustan Unilever, Hindustan Unilever, The Tinplate Company of India, Canara Bank

  • Ex-Date AGM: Shriram Transport Finance Co.

Money Market Update

The rupee ended at Rs 77.99 against the US Dollar on Tuesday as compared to Monday's closing of 78.03.

F&O Cues

  • Nifty June futures ended at 15,742 a premium of 9.90 points.

  • Nifty June futures shed 2.19% and 4,802 shares in Open Interest.

  • Nifty Bank June futures ended at 33,387.65, a premium of 76.3 points.

  • Nifty Bank June futures shed 4.11% and 4,664 shares in Open Interest.

  • Securities in the ban list: Delta Corp, RBL Bank

  • Securities added to the ban list: Indiabulls Housing Finance

Stock Market Today: All You Need To Know Going Into Trade On June 15

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