BEARISH VIEW CONTINUE
Global markets are trading lower as fear looms at large. Crude & treasury are mixed while $ index cooled off a bit.
Nifty trend *BEARISH* mode till it's trading below 15750 DCB. FII remain seller.
Market has broken all imp 15650 support & remain sell on rise mode. Nifty has now support around 15000 & Bank Nifty around 32100.
Overall market may see continued selling pressure in days to come as REGIME changed from Quantititive Easeing (QE) to Quantitative Tightining (QT)
STOCK'S IN NEWS (17-06-2022)
LIC/DR REDDY'S: India's biggest insurer has increased its stake from 3.644% to 5.646% in the Hyderabad-based drugmaker.
RITES: Wins Rs. 365Cr Order from CONCOR.
MATRIMONY: To Consider share Buyshare on June 22.
KRSNAA DIANOSTICS: Operational 3 Centers in Punjab.
DELTACORP: Arm Deltatech Gaming files Draft Red Herring Prospectus. Arm to raise ₹300 crore via fresh issue of share in IPO.
GRASIM: The Aditya Birla Group company has appointed Pavan Jain as the chief financial officer, replacing Ashish Adukia. The appointment comes into effect on Aug. 15.
INSIDER TRADES
SESHASAYEE PAPER BOARDS: Promoter Group Time Square Investments bought 20,719 shares between 14 and 15 June.
SHRIRAM CITY UNION FINANCE: Promoter Group Shriram Value Services bought 49,608 shares between 14 and 15 June.
JAGRAN PRAKASHAN: Promoter Group Devesh Gupta bought 2000 shares on June
FINEOTEX CHEMICAL: Promoter & Director Sanjay Tibrewala bought 1 lakh shares on June 15.
LUX INDUSTRIES: Promoter Group Hollyfield Traders bought 45,000 shares on June 16.
SECURITIES IN BAN FOR TRADE DATE 17-06-2022- DELTACORP, IBULHSGFIN, RBLBANK
