Market Highlights

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Get the latest Indian stock / share market highlights, BSE/NSE stock news, business research reports & details - updated daily by Money Times.

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June 30, 2022

• • Russia Muscles In On Indian Oil Market at Expense of OPEC Titans
• • Top India Mortgage Lender Skips Call Option on Perpetual Bonds
• • India GST Panel Raises Some Rates; Didn’t Take Up Crypto
• • Central Banks Face Forecasting Challenges Post Pandemic: RBI Das
• • Indian Regulator Allows FPIs to Invest in Commodity Derivatives
• • India Eases Rules on Local Crude Sales; ONGC, Oil India Gain
• • India Forced to Ship In Gasoline, Diesel as Shortages Arise
• • First Solar Rejects US Plant in Expansion, Eyes Europe or India
• • ASIA OIL PRODUCTS: India’s Rush for Fuel; China to Cut Exports
• • Lenskart to Buy About 75% Stake in Owndays: Nikkei
• • India Cumulative Monsoon Rainfall 10% Below Normal as of June 29
• • India to Hike Rates Faster, GDP Growth Downgraded: Survey
• •Coca-Cola ‘Thums Up’ Trademark Win Unraveled by Federal Circuit
• • Global Funds Sell Net INR8.51B India Stocks on Wednesday: NSE
• o Domestic funds buy net 8.47b rupees of stocks
• • Foreign Investors Sell Net INR8.53B of India Equities on Tuesday
• • Foreigners Sell Net INR8.21b Indian Equity Derivatives Wednesday
• • Indian direct selling industry reports $3.25bln sales in 2021, ranks 12 globally: PTI
• • 4pm: India Fiscal Deficit in rupees for April-May
• • 5:30pm: May Eight Infrastructure Industries, prior 8.4%
• • Biocon (BIOS): In pact to buy up to 26% stake in Ampyr Renewable
• • Life Insurance Corp. (LICI):Says Determining Embedded Value at March May Take More Time
• • Minda Industries (MNDA): Buys 5.24% in Germany’s Friwo for 14.99m Euro
• • UltraTech Cement (UTCEM): Orders Russian Coal Cargo, Pays in Yuan: Reuters
• TATA MOTORS: DELHI GOVT APPROVES INDUCTION OF 1500 TATA MOTORS ELECTRIC BUSES|| BUSES TO BE SUPPLIED THROUGH THE RECENT CESL TENDER FOR BUSES WHICH WAS AWARDED TO TATA MOTORS|| DELHI CABINET HAD ALSO APPROVED INDUCTION OF 450 OTHER CNG BUSES
• Rupee depreciates to a fresh all time low of 78.6 to the dollar. Indias current monthly trade deficit is about $ 20 b, we are importing a lot more than we are exporting. Rupee depreciation will further impact inflation adversely.