BULLISH TREND
Global market are trading lower after release of weak consumer confidence data added to concerns over a possible recession.
Nifty trend turn BULLISH mode till it's trading above 15500 DCB.
However nifty likely face resistance near 15900 zone on closing basis.Nifty, recent high of of 15927 is important level to watch Auto stock continue to remain strong.
STOCK'S IN NEWS (29-06-2022)
ROUTE: Board approves buyback of upto 120cr at 1700/share. Buyback via open market. Cash on books was 1,026 cr as of March 31.
RELIANCE INDUSTRIES: Reliance Jio Infocommnames Mukesh Ambani's son Akash Ambani as Chairman.
GLENMARK PHARMA: The company's U.S. arm acquired four OTC ANDAS from Wockhardt.
GODAWARI POWER & ISPAT: The company has acquired 78.96% stake in Alok Ferro Alloys for Rs 126.98 crore.
INSIDER TRADES
PAGE INDUSTRIES: Promoter & Directors Sunder Genomal sold 6,429 shares, Ramesh Genomal sold 6,487 shares and Nari Genomal sold 6,422 shares between June 23 and June 27.
PSP PROJECTS: Promoter Group SPP Family Trust bought 9,000 shares on June 27.
STAR CEMENT: Promoter & Director Prem Kumar Bhajanka bought 4,149 shares on June 24.
NUVOCO VISTAS CORPORATION: Promoter Niyogi Enterprise bought 3 lakh shares between June 24 June 27.
SECURITIES IN BAN FOR TRADE DATE 29-06-2022- DELTACORP, SUNTV
