OVER TO FED
Global markets are lackluster today ahead of imp Fed meet tonight.
US 10yr treasury at 3.483% & $ index above 105. Natural gas & crude corrected & U.S wholesale prices rose 10.8% in May.
Nifty trend BEARISH mode till it's trading below 16000 DCB.
FII remain seller. Now 15650 remain an important level to watch ( March low) & for Banknifty 33000 imp
Today all eyes will be on a Fed meeting scheduled tonight..Stay lighter.
STOCK'S IN NEWS (15-06-2022)
BAJAJ-AUTO: Shekhar Bajaj Resigns As Non-executive Director w.e.f. June-30.
CIPLA: Company & DNDi Launch Child-Friendly 4-In-1 Antiretroviral Treatment For Children With HIV In South Africa.
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%.
IIFL WEALTH: The Competition Commission of India has approved purchase of 24.98% stake of the company by Bain Capital.
SBI: India's largest public sector lender has increased MCLR-based lending rates across tenors by 20 basis points.
WIPRO: The Bengaluru-based IT firm will increase its headcount in Norway to 350 to help clients capitalize on digital transformation.
NLCINDIA: Appoints ENGINEERS_INDIA As Project Management Consultant For Rs 4400 Crore Methanol Project.
ZEEL: Inability of Zee/ Sony to win rights is a positive in the near term.
INSIDER TRADES
UFLEX: Flex International bought 14,000 shares on June 14.
MRS. BECTORS FOOD SPECIALTIES: Promoter Group Suvir Bector and Ishaan Bector bought 3,000 shares each between June 10 and June 13.
ZYDUS WELLNESS: Zydus Family Trust bought 9,580 shares on June 13.
SECURITIES IN BAN FOR TRADE DATE 15-06-2022- DELTACORP, IBULHSGFIN, RBLBANK
