Stock Market Today: All You Need To Know Going Into Trade On Sept. 5

European equity futures tumbled and the euro fell Monday as the region’s worsening energy crisis added to concerns about a global economy already facing inflation, monetary policy risks.

The dollar was firm. Crude jumped past $88 a barrel ahead of an OPEC+ meeting on supply and as traders weighed the latest energy-sector twists.

At 7:05 am, the Singapore-traded SGX Nifty--an early barometer of India's benchmark Nifty 50--traded 0.24% lower at 17,498.50 points.

• Wipro: The company has partnered with Cisco to accelerate cloud transformation for customers. The partnership will enable Wipro customers to deploy Wipro FullStride Cloud Service to enable a fully automated hybrid-cloud stack, reducing the implementation time and enhancing the user experience.

• JSW Steel: Life Insurance Corporation increased its stake in the company from 5% to 7.01%.

• GMR Infrastructure: The company approved raising of funds of up to Rs 6000 crore in one or more tranches through issue of securities including a Qualified Institutions Placement and/or foreign currency convertible bonds and/or any other securities.

• Hindalco: Aluminium buyer Novelis excludes Russian metal in Supply deal.

• Hindustan Aeronautics, L&T: Wins Rs 860 crore deal from NSIL to entirely build five PSLV rockets.

• JSW Steel: LIC's holding in JSW Steel has risen to 7.01%.

• SpiceJet: Gets up to three-month extension of time to hold AGM

GLOBAL CUES

• U.S. Dollar Index at 109.95

• U.S. 10-year bond yield at 3.41% on Friday

• Brent crude up 1.6% to $94.52 per barrel

• Nymex crude at $88.22 per barrel

• SGX Nifty down 0.16% to 17,511 as of 6:13 a.m

• Bitcoin down 0.01% to $19,900.2

• Tamilnad Mercantile Bank: The bank will offer shares in a price band of Rs 500-525 apiece to raise as much as Rs 832 crore in its Sept. 5-7 IPO. It raised Rs 363.53 crore through anchor investors. 10 anchor investors led by Max Life Insurance invest in Tamilnad Mercantile Bank at Rs 510 per share. Other anchor investors include Bajaj Life Insurance, Kotak Mahindra Life Insurance, Societe Generale, Cholamandalam General Insurance, among others.

• Jindal Steel & Power: Promoter Group Siddeshwari Tradex revoked a pledge of 6 lakh shares on August 29.

• L.G. Balakrishnan & Bros.: Promoter Nithin Karivardhan sold 10,000 shares on Sept. 1.

• Anant Raj: Promoters Amit Sarin, Aman Sarin and Ashim Sarin bought 30,000 shares each, on Aug. 30.

• Vaibhav Global: Promoter Group Brett Enterprises bought 4,000 shares on Sept. 1.

• Geojit Financial Services: Promoter BNP Paribas SA sold 3.8 lakh shares between Aug. 29 and Aug. 30.

• GNA Axles: Promoter Group GNA Gears bought 780 shares between Aug. 16 and Aug. 30.

• Godgrej Agrovet: Promoter Godrej Industries bought 4,399 shares on Aug. 29.

• ACC Limited: Morgan Stanley Asia (Singapore) bought 9.42 lakh shares (0.5%) at Rs 2,290 apiece.

• PVR: Societe Generale bought 3.23 lakh shares (0.53%) at Rs 1,861.42 apiece.

• Mangalore Chemicals & Fertilisers: Gee Bee Securities bought 7.7 lakh shares (0.65%) at Rs 129.69 apiece.

• Shree Ram Proteins: Lavjibhai Valjibhai Savaliya sold 1.36 lakh shares (0.64%) at Rs 83.18 apiece.

• Stylam Industries: Lighthouse Emerging India Investors sold 5 lakh shares (2.95%) at Rs 1,126.67 apiece.

• ADF Foods: To meet analysts and investors on Sept. 8.

• Greenply Industries: To meet analysts and investors on Sept. 5

• Persistent Systems: To meet analysts and investors on Sept. 5.

• Panama Petrochem: To meet analysts and investors on Sept. 21.

• Century Textiles & Industries: To meet analysts and investors on Sept. 5.

AGMs today:

• AIA Engineering

• APL Apollo Tubes

• Go Fashion (India)

• Indo Amines

• Paradeep Phosphates

• Stove Kraft

• Welspun India

• Price Band Revised From 10% To 5%: Dhanvarsha Finvest

• Price Band Revised From 20% To 10%: Best Agrolife, Reliance Infrastructre

• Ex-Date Dividend: Mangalore Chemicals & Fertilizers, Transpek Industry

• Ex-Date Final Dividend: Bharat Rasayan, Garware Technical Fibres

• Record-Date Dividend: APL Apollo Tubes, Anupam Rasayan India, Engineers India

• Move Into Short-Term ASM Framework: Best Agrolife, Tejas Networks, Nelco, Dhanvarsha Finvest, Poly Medicure, Reliance Power, Savita Oil Technologies

• Move Out Of Short-Term ASM Framework: Seamec, DCW, Sangam (India)

The rupee ended at Rs 79.80 against the U.S. Dollar on Friday as compared to Thursday's closing of Rs 79.55

• Nifty September futures ended at 17,558.25, a premium of 18.80 points.

• Nifty September futures added 0.30% and 774 shares in Open Interest.

• Nifty Bank September futures ended at 39,534.10, a premium of 113.10 Points.

• Nifty Bank September futures fell 1.35%, 1,062 shares in Open Interest.

• Securities added to the ban list: Delta Corp