IDBI Bank, Kalpataru Projects International, Elegant Marbles & Grani Industries and Yasho Industries are among the stocks set to trade ex-dividend today (July 6)
Stock exchange BSE Ltd’s board will meet today (July 6) to consider a proposal on the buyback of shares. Earlier in 2018, the BSE had repurchased over 20 lakh shares for nearly Rs 166 crore under its buyback programme
“As far as Bank Nifty is concerned, the Index also witnessed subdued price action on the back of weakness in HDFC BANK. Overall, the Bank Nifty is in a consolidation mode after a sharp run up. The hourly momentum indicator has a negative crossover and negative divergence which indicates loss of momentum on the upside. Overall, the range of consolidation is likely to be 45,000 - 45,600,” said Jatin Gedia, Technical Research Analyst at Sharekhan by BNP Paribas
The board of directors of Adani Green Energy Ltd’s (AGEL) is set to meet today (July 6) to consider and approve the proposal of fundraising through issue of equity shares or any other eligible securities through various modes, including a private placement, a qualified institutions placement and preferential issue
Meta will launch its new Threads app, connected to Instagram, today (July 6). Mark Zuckerberg’s Instagram Threads is set to go up against Elon Musk’s Twitter
“We expect Comex gold prices to trade in a range of $1,910 to $1,935 per ounce for the day. The upside will extend to $1,950/oz if the price crosses resistance at the $1,935/oz level. MCX Gold August future has support at Rs 58,020 and resistance at Rs 58,850,” said Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities
AccelerateBS India will open for subscription on July 6 and close on July 11. The fixed price SME IPO is priced at Rs 90 apiece. AccelerateBS India shares are likely to be listed on July 19 on the BSE SME platform
“On the technical front, the short-term setup of NYMEX WTI crude oil remains positive until the price holds above the support level of $69.80. For the day, NYMEX WTI crude oil has immediate resistance at $72.60 and support at $69.80. MCX Crude Oil July contract has resistance at Rs 5,980 and support at Rs 5,770,” said Saumil Gandhi, Senior Analyst- Commodities, HDFC Securities
"From July 6, rainfall is likely to increase in intensity and parts of south Gujarat and coastal Saurashtra are likely to receive heavy to very heavy rainfall," said Manorama Mohanty, director of IMD Ahmedabad MeT centre
Public sector OMCs including BPCL, IOCL and HPCL revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Petrol and diesel prices today remained stable