Stock Market Today: All You Need To Know Going Into Trade On Nov. 16

Shares in Asia fell Wednesday as investors balanced encouraging data that supported a slowdown in Federal Reserve rate hikes with Poland saying a Russian-made missile hit its territory.

Commodities including oil and corn jumped as information of the explosion near the border with Ukraine filter through.

Indian benchmarks gauges Sensex and Nifty closed in the green with the market breadth favouring the bears. Rise in the indices was supported by gains across sectors led by oil and gas, auto, and telecommunications stocks.

Rupee reversed losses against the U.S. dollar in a volatile session, resurging on the back of better domestic economic data and a faltering greenback.

At 7:10 a.m., the Singapore-traded SGX Nifty -- an early barometer of India's benchmark Nifty 50 -- fell 0.55% to 18,393.

• Wipro: The company announced new retail solutions based on Microsoft Cloud and Cloud for Retail.

• Bharat Electronics: The company signed separate MoUs with Hindustan Shipyard, SVC Tech Ventures, U.S.-based Profense, and Yantra India pertaining to manufacture of defence equipment.

• Tata Consultancy Services: The company has been chosen as a strategic partner by flag carrier TAP Air Portugal to accelerate the latter’s digital transformation.

• Mahindra & Mahindra: The company launched its first dedicated non-tractor farm machinery plant in Pithampura, Madhya Pradesh.

• Reliance Power: Piramal Capital and Housing Finance Limited has withdrawn its application against the company to initiate corporate insolvency resolution process under Section 7 of the Insolvency and Bankruptcy Code.

• Inox Green Energy: The IPO was subscribed 85% on its second day. Subscription for the QIB portion remained at 47%. The non-institutional investors placed bid for 23% of their basket. The retail portion was subscribed 2.93 times.

• Keystone Realtors: The maiden share sale received bids for 8% of the overall issue size. Non-institutional investors placed bids for 11% of their portion, while retail investors subscribed 12% of their basket. No bids were placed for the QIB portion.

• Global Health: The company, which operates hospital chain Medanta, will list its shares on BSE and NSE at Rs 336 apiece, over a face value of Rs 2. The maiden public offering received bids for 9.58 times the equity shares on offer. The QIB portion was subscribed 28.64 times, while the non-institutional investor basket was subscribed 4.02 times. The retail portion was subscribed 88% by the close of the issue on Nov. 7.

• Bikaji Foods International: Equity shares of face value Re 1 will be listed on BSE and National Stock Exchange at an issue price of Rs 300 each on Nov. 16. The IPO was subscribed 26.67 times between Nov. 3 to 7. The QIB basket was subscribed 80.63 times, whereas non-institutional investors subscribed their portion 7.1 times. The retail portion was subscribed 4.77 times, and the employee portion was subscribed 4.38 times.

• IDFC: BNP Paribas Arbitrage bought 20.48 lakh shares (0.13%), Societe Generale sold 20.48 lakh shares (0.13%) at Rs 79.7 apiece.

• One 97 Communications: BNP Paribas Arbitrage bought 3.64 lakh shares (0.06%), Societe Generale sold 3.64 lakh shares (0.06%) at Rs 638.6 apiece.

• Best Agrolife: Vimal Kumar bought 1.47 lakh shares (0.62%) at Rs 1,609.25 apiece.

• Fusion MicroFinance: Jignesh V Shah [HUF] bought 5.24 lakh shares (0.52%) at Rs 339.31 apiece, PC Kothari [HUF] bought 8.42 lakh shares (0.84%) at Rs 331.45 apiece, Massachusetts Institute of Technology bought 5.52 lakh shares (0.55%) at Rs 339.28 apiece.

• FSN E-Commerce Ventures: Hermes Investment Funds Public Ltd. Co. bought 25.83 lakh shares (0.09%) at Rs 198.48 apiece, Segantii India Mauritius sold 33.73 lakh shares (0.12%) at Rs 199.24 apiece.

• Torrent Power: To meet investors and analysts on Nov. 16.

• Crisil: To meet investors and analysts on Nov. 22 and Nov. 29.

• BASF India: To meet investors and analysts on Nov. 18.

• Punjab National Bank: To meet investors and analysts on Nov. 16.

• Adani Enterprises: To meet investors and analysts on Nov. 16, Nov. 17 and Nov. 18.

• ADF Foods: To meet investors and analysts on Nov. 18.

• NBCC (India): To meet investors and analysts on Nov. 16.

• Inox Leisure: To meet investors and analysts on Nov. 16 and Nov. 22.

• Ex-Date Bonus: Motherson Sumi Wiring India

• Ex-Date Interim Dividend: Bhagiradha Chemicals & Industries, Computer Age Management Services

• Record-Date Interim Dividend: Aegis Logistics, Coal India, Amara Raja Batteries

• Chambal Fertilisers & Chemicals: Promoter Zuari Industries revoked a pledge of 3 lakh shares on Nov. 11.

• Max Financial Services: Promoter Max Ventures Investment Holdings created a pledge of 40,958 shares on Nov. 10.

• Steel Exchange India: Promoter Group Umashiv Garments revoked a pledge of 4 crore shares on Nov. 14.

• Ultramarine & Pigments: Promoter Group Deepa Ajay sold 17,883 shares and Promoter Daya Sridhar sold 18,000 shares on Nov. 14. 

• Apcotex Industries: Promoter Groups Rita Ashok Parekh and Janaki Ashok Parekh bought 500 shares each on Nov. 11.

• KPI Green Energy: Promoter & Director Farukbhai Gulambhai Patel bought 2,600 shares on Nov. 15.

Rupee closed 17 paise, or 0.19% higher against the U.S. dollar at 81.11, compared to Monday’s close of 81.26.

• Nifty November futures ended at 18,482.35, a premium of 103.15 points.

• Nifty November futures gained 0.29% and 694 shares in Open Interest.

• Nifty Bank November futures ended at 42,561.05, a premium of 358.4 points.

• Nifty Bank November futures gained 14.35% and 14,040 shares in Open Interest.