Stock Market Today: All You Need To Know Going Into Trade On June 24

Stocks rose in Asia Friday amid a global bond rally, as investors reassessed expectations for inflation and interest-rate hikes on escalating fears of an economic downturn.

Equities gained in Japan and South Korea but fell in Australia after US shares closed near session highs, adding more than 3% over three days.

As of 6:30 am, the Singapore-traded SGX Nifty--an early barometer of India's benchmark Nifty 50--rose 0.18% to 15,593.

Oil rebounded to about $105 a barrel. Elsewhere, Bitcoin scaled $21,000.

• Delhivery: Morgan Stanley has initiated coverage of the stock with "equal-weight/in-line". The target price is set at Rs 540, an implied upside ot 7.85%.

• Hindustan Unilever (HUL): The chairman of India's largest fast-moving consumer goods maker sees demand coming in from all quarters, aiding the company's growth in the long term, even as inflation weakens the pace in the near term.

• Hero MotoCorp: India's largest two-wheeler maker has increased ex-showroom prices of its scooters and motorcycles by up to Rs 3,000, effective from July 1.

• Tata Steel: Tata Steel Mining Ltd., a wholly owned subsidiary, has completed acquisition of 10% stake in Rohit Ferro-Tech for Rs 20.6 crore.

• ONGC: ONGC Videsh, a wholly owned subsidiary, has made an oil discovery in a recently drilled well in Llanos Basin, Colombia.

• HCL Technologies: The company has announced the opening of its new delivery centre in Vancouver, Canada.

• DCM Shriram: The company has approved equity investment of Rs 65 crore for a 26% stake in a special purpose vehicle to be created for setting up a wind-solar hybrid renewable power project.

• Jammu & Kashmir Bank: To consider capital raising on June 28.

• Thermax: First Energy, a wholly owned subsidiary, has acquired Jalansar Wind Energy and Kanakal Wind Energy for Rs 1 lakh each.

• Systematix Corporate Services: Promoter Chandra Prakash Khandelwal was arrested under Section 3 and 4 of the Prevention of Money Laundering Act, 2002. It would have no impact on the company as the matter does not pertain to it.

• Unitech Ltd.: The Enforcement Directorate has attached the company's real estate properties worth Rs 257 crore.

• Chambal Fertilisers & Chemicals: Promoter Group Simon India created a pledge of 1.2 lakh shares on June 21, and Promoter Zuari Industries created a pledge of 12.75 lakh shares between June 17 and June 20.

• Kovai Medical Centre: Promoter Director Dr. Thavamani Devi Palaniswami bought 612 shares between June 20 and June 21.

• Mastek: Promoter & Director Ashank Desai bought 5,035 shares on June 17.

• Page Industries: Promoters Ramesh Genomal sold 4,175 shares, Sunder Genomal sold 4,234 shares and Nari Genomal sold 4,241 shares between June 20 and June 21.

• KNR Constructions: Promoters bought 2.2 lakh shares on June 22.

• Valiant Organics: Promoter Group Dhanvant Hemchand Gala sold 8,000 shares on June 20.

• Psp Projects: Promoter Group SPP Family Trust bought 20,000 shares between June 21 and June 22.

• India Pesticides: Promoter Anand Swarup Agarwal bought 66,023 shares on June 22.

• Vijaya Diagnostic Centre: Promoter Sura Surendranath Reddy bought 2.66 lakh shares between June 14 and June 22.

• KCP: Promoter Dr. V.L. Indira Dutt bought 4,726 shares on June 21.

• SMC Global Securities: Mansingh Hotels and Resorts bought 6 lakh (0.53%) shares at Rs 88.88 apiece and Signature Global India sold 6 lakh (0.53%) shares at Rs 88.88 apiece.

• UCO Bank

• Voltas

• Sonata Software

• Chemplast Sanmar

• Rallis India

• Steel Exchange India

• Record Date Dividend: Computer Age Management Services, BSE

• Ex-Date Dividend: Balkrishna Industries

• Ex-Date Bonus: Nazara Technologies

The rupee ended at Rs 78.31 against the US Dollar on Thursday as compared to Wednesday's closing of 78.38

• Nifty June futures ended at 15,593.45, a premium of 36.8 points.

• Nifty June futures shed 8.20% and 18,010 shares in Open Interest.

• Nifty Bank June futures ended at 33,215, a premium of 80 points.

• Nifty Bank June futures shed 8.91% and 7,592 shares in Open Interest.

• Securities in ban list: RBL Bank, Indiabulls Housing Finance, Sun TV

• Securities added to ban list: Delta Corp

• Gujarat Gas - Strong As A Hulk: Motilal Oswal

• Hindalco - Available At Near To 10‐Year Low EV/Ebitda: Centrum

• PI Industries - Confident To Achieve Growth Guidance: Prabhudas Lilladher

• PSP Projects - Set To Enter The Big League: ICICI Direct

• Organised QSR Players On A Strong Growth Wicket Despite Margin Concerns: Yes Securities