Stock Market Today: All You Need To Know Going Into Trade On Sept. 14

Asian stocks, bonds and currencies tumbled after a broad-based selloff on Wall Street followed a hotter-than-expected US inflation data. The high inflation has triggered expectations of jumbo interest-rate hikes by the Federal Reserve.

Equities in Japan, Hong Kong and Australia slumped after US shares had their biggest drop in more than two years. The S&P 500 lost over 4% and the Nasdaq 100 fell over 5%.

At 7:25 am, the Singapore-traded SGX Nifty--an early barometer of India's benchmark Nifty 50--traded 1.83% lower at 18,760 points.

Elsewhere, West Texas Intermediate crude was little changed at $87.33 per barrel. Bitcoin fell 10% overnight--the biggest decline since June.

• Infosys: The Bengaluru-based IT firm, along with Palo Alto Networks, has struck a digital transformation deal with Belgium Post.

• Bharat Forge: Kalyani Powertrain and Harbinger Motors have set up a joint venture to manufacture electric powertrains for medium-duty commercial vehicles.

• JSW Steel: The company has signed a memorandum of understanding with Germany's SMS Group for decarbonisation projects at various JSW Steel plants in India.

• Ambuja Cements: The company will consider a proposal for raising of funds by way of issue of equity shares or any other means on Sept. 16.

• Hatsun Agro Products: The company will consider fundraising by way of issue of equity Shares or a rights Issue on Sept. 19.

• Bajaj Holdings: The company has approved an interim dividend of Rs 110 per share of face value of Rs 10 each. 

• KEC International: The company has secured new orders of Rs 1,108 crores across its various businesses.

• Tata Steel/Tata Power: Tata Steel and Tata Power Renewables are planning to raise as much as Rs 1,200 crore and Rs 1,000 crore via bonds, Bloomberg reported.

• Neuland Laboratories: Chief Financial Officer Deepak Gupta has resigned. He will continue to hold the position till Oct. 13.

• Asahi India Glass: Promoter & Director Brij Mohan Labroo revoked a pledge of 72,568 shares on Sept. 10. 

• Emami: Promoter Group Sneha Enclave created a pledge of 33.34 lakh shares on Sept. 8 and revoked a pledge of 17.25 lakh shares between Sept. 8 and Sept. 12.

• Vaibhav Global: Promoter Group Brett Enterprises bought 4,000 shares on Sept. 12.

• Geojit Financial Services: Promoter Group BNP Paribas SA sold 2.8 lakh shares on Sept. 9.

• Sasken Technologies: Promoter Group Arti Mody bought 6,986 shares between Sept. 9 and Sept. 12. 

• Authum Investment & Infrastructure: Promoter Group Mentor Capital bought 2.28 lakh shares on Sept. 12. 

• Star Cement: Promoter & Director Prem Kumar Bhajanka bought 50,000 shares on Sept. 9. 

• Coffee Day Enterprise: MC Jain Infoservices bought 18 lakh shares (0.85%) at Rs 58.37 apiece. 

• HDFC Life Insurance: Abrdn (Mauritius Holdings) 2006 Ltd. sold 4.3 crore shares (2.03%) at Rs 574.15 apiece.

• HDFC Life Insurance: SBI Life Insurance bought 16 lakh shares (0.08%) at Rs 574.15 apiece.

• J.K. Cement: To meet investors and analysts on Sept. 20. 

• Nuvoco Vistas: To meet investors and analysts on Sept. 14. 

• Kalyan Jewellers: To meet investors and analysts on Sept. 14-16. 

• Asian Paints: To meet investors and analysts on Sept. 14-20. 

• Adani Transmission: To meet investors and analysts on Sept. 14.       

• ICICI Bank: To meet investors and analysts on Sept. 14.            

• Hero Motocorp: To meet investors and analysts on Sept. 15, 20-21. 

• Mallcom (India): To meet investors and analysts on Sept. 15. 

• Oriental Aromatics: To meet investors and analysts on Sept. 15. 

• UltraTech Cement: To meet investors and analysts on Sept. 14.          

• Greenply Industries: To meet investors and analysts on Sept. 15. 

• Sansera Engineering: To meet investors and analysts on Sept. 14.

AGMs Today

• Chalet Hotels 

• Dhampur Sugar Mills 

• Dharamsi Morarji Chemical  

• Jagsonpal Pharmaceuticals 

• Johnson Controls-Hitachi Air Conditioning India 

• Lemon Tree Hotels 

• Mastek

• Harsha Engineers: IPO to open today. Firm raised Rs 226 crore from anchors by allotting shares at Rs 330 apiece.

• Price Band Revised From 10% To 5%: Reliance Infrastructure, Reliance Power, Sanghi Industries, Tata Teleservices (Maharashtra) 

• Price Band Revised From 20% To 5%: Jupiter Wagons, Kingfa Science and Technolgy (India), Spandana Sphoorty Financial, Titagarh Wagons, Zee Media Corporation 

• Ex-Date Final Dividend: Amrutanjan Health Care, Grauer & Weil India, Hikal, Indoco Remedies, Kabra Extrusion Technik, OnMobile Global, RHI Magnesita India, Sadhana Nitro Chem, Sandhar Technologies 

• Ex-Date Special Dividend: Indoco Remedies 

• Ex-Date Dividend: Gujarat Industries Power Company, ITD Cementation India, Monarch Networth Capital 

• Record-Date Face Value Split: Bajaj Finserv 

• Record-Date Bonus: Bajaj Finserv 

• Record-Date Buy Back: CARE Ratings, Quick Heal Technologies 

• Record-Date Dividend: CARE Ratings 

• Record-Date Final Dividend: Prince Pipes and Fittings, CMS Info Systems 

The rupee ended at Rs 79.14 against the U.S. Dollar on Tuesday as compared to Monday's closing of Rs 79.53

• Nifty September futures ended at 18,107.5, a premium of 37.45 points.

• Nifty September futures shed 1.91% and 4,911 shares in Open Interest.

• Nifty Bank September futures ended at 40,942, a premium of 68.9 Points.

• Nifty Bank September futures added 2.99%, 2,543 shares in Open Interest.

• Securities in the ban list: Delta Corp, Ambuja Cements, Indiabulls Housing Finance.

• Ramkrishna Forgings - Foray Into EV To Aid In Margin Expansion: HDFC Securities Initiates Coverage

• Chemcon Speciality Chemicals - Near Term Outlook Positive: HDFC Securities Initiates Coverage

• M&M - EV Success Can Re-Rate The Stock: Prabhudas Lilladher

• CCL Products - Entering The High Growth Phase: Nirmal Bang

• Adani Wilmar - Steady Scale-Up, Share Gains Continue Despite Near-Term Headwinds: Systematix

• DCB Bank - Visibility On Credit Growth Revival, The Key Catalyst For Next Leg Of Rerating: ICICI Securities