Top News on June 30: Wipro buyback closing date, PAN-Aadhaar linking deadline, HDFC-HDFC Bank merger, Nifty, share markets outlook today, PKH Ventures IPO, Ex-Dividend stocks

Produced by: Prashanti Moktan

Wipro buyback closing date ends today

Wipro’s closing date for its Rs 12,000 crore buyback offer is today (June 30). Earlier, Wipro had to extend the buyback closing date to Friday due to the change in public holiday from Wednesday to Thursday

PAN-Aadhaar linking deadline today (June 30)

Today is the last day for linking PAN-Aadhaar cards. If not linked, your PAN card will become inoperative, you will not be able to claim Income Tax Refund among other issues

HDFC-HDFC Bank merger finalisation today (June 30)

The HDFC Bank and HDFC Limited merger proposal will be finalised today (June 30) and the mega merger will be effective by July 1

“Bulls are in control however lack of decisiveness in the banking pack at the higher level is capping the momentum. We maintain our positive view and suggest aligning positions accordingly. At the same time, traders shouldn’t go overboard and stay focused on risk management citing the possibility of intermediate volatility,” said Ajit Mishra, SVP - Technical Research, Religare Broking Ltd.

Analysts on Nifty, Sensex today (June 30)

“Nifty made a new lifetime high on June 28. The current upward momentum could continue and 19,000-19,200 band could be the next resistance for Nifty in the near term. 18,646 could be the support on corrections,” said Deepak Jasani, Head of Retail Research at HDFC Securities

Stock markets outlook today (June 30)

Ex-dividend stocks today (June 30): Bajaj Auto, Bank of Baroda

Bajaj Auto, Bank of Baroda, Bajaj Finance, Vaibhav Global, Bajaj Finserv, Bajaj Holdings, Escorts Kubota, Nippon Life India Asset Management, Nilkamal, Can Fin Homes GSK Pharma, Sona BLW Precision Forgings, Syngene International and Welspun Enterprises are among the stocks set to trade ex-dividend today (June 30)

PKH Ventures IPO is set to open for subscription today (June 30) and will close on July 4. PKH Ventures has fixed a price band of Rs 140-148 a share

PKH Ventures IPO to open today (June 30)

Gold Price today (June 30): Analyst outlook

“Comex spot gold has support at $1,905 and resistance at $1,933. MCX Gold August future has support at Rs 57,850 and resistance at Rs 58,560,” said Saumil Gandhi, Senior Analyst - Commodities, HDFC Securities

“For the week, NYMEX WTI crude oil has strong resistance at $73.20 and key support at $66.70 per barrel. MCX Crude Oil July contract price will face trendline resistance around the Rs 5,900–5,935 zone, and on the flip side, Rs 5,520 acts as support,” said Saumil Gandhi, Senior Analyst- Commodities, HDFC Securities

Crude oil price outlook today 

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

Diesel, Petrol Price today (June 30)