25-JUN-2021

Domestic Indices Market wrap up Domestic indices The key benchmark indices ended with modest losses on Close Prv close %Chg NIFTY 50 15,814.7 15,860.4 -0.29 Monday. PSU banks, pharma and metals stocks were in demand NIFTY SMALLCAP 50 4878.5 4853.95 0.51 while IT stocks corrected.The barometer index, the S&P BSE NIFTY MIDCAP 50 7,520.3 7,477.3 0.57 Sensex, fell 189.45 points or 0.36% at 52,735.59. The Nifty 50 NIFTY SMALLCAP 250 8406.5 8363.1 0.52 NIFTY BANK 35,359.5 35,364.7 -0.01 index lost 45.65 points or 0.29% at 15,814.70.The Nifty hit a NIFTY NEXT 50 38754.35 38603.45 0.39 record high of 15,915.65 and the Sensex hit a record high of NIFTY METAL 5,290.8 5,224.0 1.28 53,126.73 in opening trade today. Both these indices reversed INDIA VIX 13.4 13.37 0.26 gains as the session progressed and ended near their day's Global indices low.TCS , Reliance Industries , ITC and HDFC were major drags. index Close Prv close %Chg Global Market 13,192.0 13,119.0 0.56% The Nasdaq and S&P 500 hit all-time highs on Monday, fueled by DOW 28,323.4 28,391.4 -0.24% CAC 40 5,769.0 5,765.0 1.16% tech stocks as investors expect a robust earnings season while DAX 13,884.0 13,786.0 0.71% interest rates remain low. Big tech companies including NIKKEI 29,452.0 28,966.0 2.41% Facebook Inc, Netflix Inc, Twitter Inc and Nvidia Corp were HANG SENG 26,016.2 25,709.2 1.18% among the biggest boosts to the S&P 500 and the Nasdaq.The NYSE 2,072.2 2,077.2 -0.24% Dow Jones Industrial Average fell 150.57 points, or 0.44%, to FTSE 6,553.0 6,483.0 1.07% close at 34,283.27. The S&P 500 pared earlier losses and As on 8.00 IST advanced from Friday’s record high by gaining 9.91 points.The NiftyMarket Watch Snapshot Nasdaq Composite closed at14,500.51.Asian markets fell despite gains overnight on Wall Street that saw the S&P 500 and Nasdaq Composite touching fresh record closing highs. Market preview

Domestic markets are likely to react to the Finance Minister's announcements that were aimed at boosting economic recovery, and global trends when they open for trade today.Early indications suggest a muted start for Dalal Street as global trends largely remain sombre.SGX Nifty indicate a cautious opening for the index in India with a 11 points loss. Support levels for the Nifty are placed at 15,766.03 and 15,717.37.Resistance levels to Nifty Spot intraday 5 Min watch out for are 15,889.53 and 15,964.37.

-1 News corner

Corporate

NLC India Q4 PAT climbs 52% to Rs 757 cr Profit before tax surged 47.18% to Rs 1,145.76 crore in Q4 FY21 as against Rs 778.47 crore in Q4 FY20. The Q4 earnings were announced during market hours today, 28 June 2021.Revenues from Lignite Mining segment dropped 24.88% to Rs 1,258.93 crore in Q4 March 2021 from Rs 1,675.99 crore in Q4 March 2020. Revenues from Power Generation segment fell 7.38% to Rs 2,782.06 crore in Q4 March 2021 as against Rs 3,003.85 crore in Q4 March 2020.During the financial year, NLC India's consolidated net profit declined 7.40% to Rs 1,345.44 crore on 4.59% fall in revenue from operations to Rs 9,846.09 crore in FY 2021 over FY 2020.

G E Shipping delivers old Midsize Gas Carrier to buyers The vessel was contracted for sale in May 2021.Excluding this vessel, the company's current fleet stands at 46 vessels, comprising 32 tankers (9 crude carriers, 18 product tankers, 5 LPG carrier) and 14 dry bulk carriers with an average age of 11.97 years aggregating 3.68 mn dwt.The announcement was made after market hours yesterday, 28 June 2021. Shares of G E Shipping rose 0.56% to settle at Rs 385 yesterday.

Domestic

FM Announces New Measures To Boost Economy, Unveils 1.1 lakh Crore Loan Guarantee Scheme For Covid-19 Affected Sectors Union Finance Minister Nirmala Sitharaman has announced some new relief measures amid economic distress caused by the second wave of COVID-19 in the country. The FM announced loan guarantee scheme for Covid-affected sectors. A total of Rs 1.1 lakh crore of loan guarantee scheme for Covid-affected sectors has been announced. Health sector will get Rs 50,000 crore aimed at up scaling medical infra, specially targeting underserved areas. The guarantee cover is for expansion of new projects under health, in other than 8 metro cities. Guarantee coverage is of 50% for expansion and 75% for new projects.

International COMMODITY

Oil prices fell nearly 2% on Monday after hitting their highest since 2018 earlier in the session, as a spike in COVID-19 cases in Asia and Europe put a brake on the rally before this week's OPEC+ meeting.Brent futures fell $1.33, or 1.8%, to $74.85 a barrel by 12:44 p.m. EDT (1644 GMT), while U.S. West Texas Intermediate (WTI) crude fell $1.06, or 1.4%, to $72.99.Those declines pushed both contracts out of overbought territory. Earlier in the volatile session

-2-

Stock to watch Actions watch . RITES | Metro Express Limited, Mauritius has awarded additional work of consultancy services for the extension of the mainline from Rose Hill to BONUS ISSUE Reduit through Ebene for an additional fee of MUR 250 millions (Rs 45 Company Ratio Ex.date 13-JUL-2021 crore approximately). SALASAR 1:1 TIDEWATER 1:1 26-JUL-2021 . Godrej Consumer Products | ICRA upgraded its long-term rating to

[ICRA] AAA (Stable) from [ICRA] AA+ (Stable) while reaffirming its short- Major Dividends term rating of [ICRA] A1+. Company Div/Share Ex.date . Ramco Systems | The company will provide its next-gen Enterprise HDFCLIFE Rs.2.02 30-JUN PETRONET Rs.3.50 01-JUN Resource Planning (ERP) software to Aden Ports Development Company HAPPSTMND Rs.3.00 29-JUN (APDC) at their Aden Container Terminal (ACT). NEULANDLAB Rs.3.00 29-JUN . HDFC Life Insurance Company | Standard Life to sell 3.46 percent stake in HDFC Life; price band at Rs 658-678 per share . Thomas Cook | Company's subsidiary DEI (Digiphoto Entertainment DERIVATIVES IN BAN PERIOD Imaging) has signed a multi-year memorandum with Shanghai Disney Resort . NALCO | The company posted standalone profit of Rs 935.64 crore against Rs 102.76 crore and revenue was up at Rs 2,821.48 crore against Rs 1,935.86 crore, YoY RESULTS TODAY . V2 Retail | The company posted a loss of Rs 10.26 crore against a loss Finolex Cables HINDOILEXP of Rs 12.08 crore in the year-ago. Revenue was up at Rs 189.31 crore ANSAL PROPERIES BAL PHARMA against Rs 129.16 crore. KRBL MARG . Zee Media Corporation | The company has reported a standalone net SUZLON RUCHI SOYA SINTEX UBROS profit of Rs 8.39 crore against Rs 5.67 crore in the yea-ago. Revenue was up at Rs 162.76 crore versus Rs 121.84 crore. Data Alert Thought of the day Overseas

. na

“No price is too low for a bear ot too high for a bull.” Domestic unknown

. Na

-3- Previous Tracker

Disclaimer

-5-