GHCL Ltd, Punjab National Bank, Raymond Ltd, Torrent Pharmaceutical Ltd, Medico Intercontinental Ltd, Dalmia Bharat Ltd, Dhampur Bio Organics Ltd, Dutron Polymers Ltd, Sky Industries Ltd, Sky Securities Ltd and Plastiblends India Ltd stocks are set to trade ex-dividend today (June 23)
In Yes Bank’s board meeting today (June 23), the private lender will consider raising funds via debt securities will consider raising funds via debt securities
Prime Minister Narendra Modi will be jointly hosted at a luncheon by US VP Kamala Harris and Secretary of State Antony Blinken. In addition to the official engagements, PM Modi is scheduled to have several curated interactions with leading CEOs, professionals, and other stakeholders. He will also meet members of the Indian Diaspora today (June 23)
“The bears in the Bank NIFTY index have maintained their hold on the resistance level of 44,000. The index will only resume its upward movement with a breakout above 44,000 on a closing basis. The overall market sentiment remains negative, suggesting a sell-on-rise approach. The lower end support level is at 43,400, which is the last hope for the bulls. The momentum indicator RSI is trading below the level of 60 which confirms the weak momentum on the upside,” said Kunal Shah, Senior Technical & Derivative analyst at LKP Securities
“The current trend seems to be sideways to negative, as long as the index remains below 18900. On the downside, a support level is identified at 18700. If the index decisively falls below this level, it may trigger a significant correction in prices,” said Rupak De, Senior Technical analyst at LKP Securities
“Going forward, we expect the short-term trend to remain moderately bearish in gold, and further selling pressure will trigger below the $1,919/oz level. For the day, Comex spot gold has support at $1,905/oz and resistance at $1,939/oz. MCX Gold August future has support at Rs 58,305 and resistance at Rs 58,870,” said Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities
Greenchef Appliances IPO and Essen Speciality Films IPO will open for subscription today (June 23) and close on June 27. Greenchef Appliances shares and Essen Speciality Films IPO shares will be listed on the NSE Emerge platform on July 6
Magson Retail and Distribution IPO subscription starts from today (June 23) and ends on June 27. Magson Retail and Distribution shares will get listed on NSE Emerge on July 6
“We expect crude oil prices to continue trading within a broader range amid mixed fundamentals. For the day, NYMEX WTI crude oil has immediate resistance at $73.19 and support at $69.80 per barrel. MCX Crude Oil July contract support is at Rs 5,825 and resistance is at Rs 6,080,” said Saumil Gandhi, Senior Analyst- Commodities, HDFC Securities
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