The company’s unit started commercial production of inverter batteries at the Hyderabad plant. The company had invested Rs 35 crore in the project via internal accruals. Stocks in Action ( Stock for Day trading)
JSW Energy
The company`s unit received a Letter of Acceptance for 500 MW wind capacity from Solar Energy Corp
🔸 Lemon Tree Hotels
The company has signed a licensed agreement for upcoming hotel in Telangana under the Company’s brand Lemon Tree Resort
🔸 Kalyani Steel Ltd
The Company has been declared as successful bidder for acquisition of assets of kamineni steel & power India private limited
🔸 Hatsun Agro Product Limited
The company is foraying in to the “100% fruit juice segment with the brand name of ‘Imiyo’ commencing the Commercial Production.
🔸 LIC
The company has increased its shareholding in "SBI Cards & Payments Services Limited” from 4.99% to 5.02% of the paid-up capital of the said Company.
🔸 Malu paper mills ltd
The board took note of Release of 51% pledge shares of promoters & promoter group and exit from CDR package.
🔸 I G Petrochemicals Limited
The company`s new brownfield manufacturing facility with a capacity of 53,000 MTPA of Phthalic Anhydride situated at Taloja Industrial Area, Maharashtra has commenced its production from today
Securities in Ban For Trade Date 13-FEB-2024:
1 ABFRL
2 ASHOKLEY
3 AUROPHARMA
4 BALRAMCHIN
5 BANDHANBNK
6 BIOCON
7 DELTACORP
8 HINDCOPPER
9 INDIACEM
10 INDUSTOWER
11 PNB
12 SAIL
13 ZEEL
Result Today ( 13 Feb 2024)
BHEL
EICHERMOT
HINDALCO
HINDCOPPER
INNOVACAP
INOXINDIA
IRCTC
MTARTECH
MTNL
NATIONALUM
NAUKRI
NBCC
NESCO
OIL
ZEELMarket Action Today – Tuesday, February 13th 2024
Wall Street ends mixed in Monday’s trade, but the positive takeaway was that the Dow Jones set a new record, but that said, the Nasdaq Composite turned negative after flirting with a new record in morning session.
Gift Nifty is aiming hard to rebound after yesterday’s sell-off indicating a choppy session for benchmark Nifty.
GLOBAL UPDATE:
GIFT Nifty (+48, 21740)
Dow Future (-19, 38779)
Nikkei (+673, 37566)
Hang Seng (Closed, 15747)
Dow Jones (+126, 38797)
Nasdaq (-48, 15943)
Bovespa (CLOSED, 128026).
WHAT HAPPENED AT WALL STREET IN OVERNIGHT TRADE:
In Monday’s trade at Wall Street, US stocks mostly ended higher as the Dow notched a new record high while the S&P 500 pulled back from its all-time peak.
Digging deeper, a late-afternoon selling sent two of the three main benchmarks into the red by the close.
Blame the caution to Tuesday`s key inflation update, particularly after recent data has signaled a resilient U.S. economy and lowered expectations for an interest rate cut at the next Fed meeting.
Futures traders are currently pricing in a 16% chance for a quarter-point rate cut in March vs a 52% probability of one in May.
Last week, the S&P 500 and Nasdaq both had notched weekly wins, marking the 14th time out of the past 15 weeks the two indexes closed higher on the week.
# The 10-year US Treasury bond yields last traded towards 4.1754 levels.
# The US Dollar stands inched up towards 104.17 levels.
# Oil trades with positive bias at $76.97 a barrel.
