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