STOCK'S IN NEWS (01-07-2022)

ஜூலை 01, 2022 பெயரில்லா

RANGEBOUND

Global market are mostly mixed but few Asian market are trading lower. SGX nifty is flat as recession worries taking centre stage as monetary policymakers across the globe.

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 Auto stock continue to remain strong.For Banknifty, 34150, the top made Monday is level to watch.

STOCK'S IN NEWS (01-07-2022)

INDUSTOWERS: Bharti Airtel buys additional 2.06% Stake in Indus tower.

ONGC: Russia will replace Sakhalin-2 Project operator with new firm.

HEROMOTOCORP: An arbitration tribunal has allowed India's largest two-wheeler maker to use the 'Hero' trademark for selling its electric vehicles. Hero Electric had sought an injunction against the company in the matter.

PHOENIX MILLS: Reco Zinnia has competed the second tranche of its investment of Rs 400 crore in the company and its subsidiaries.

HINDUSTAN COPPER: The company has approved raising Rs 34.83 crore via a qualified institutional placement and Rs 500 crore through non-convertible debentures.

LODHA, OBEROI, GODREJ PROPERTIES: The real estate stocks are in focus amid a buoyant Mumbai market The number of units registered and stamp duty collected was the highest ever for the month of June.

GREENLAM INDUSTRIES: The firm has agreed to merge HG Industries with itself in a share swap ratio of 1:2. Shareholders will get one Greenlam share of face value Rs1 for every two they hold in HG Industries.