Stock Market Live Updates 21 June 2024: Stock to buy today: Indian Hotels (₹638.30)

tock Market Today | Share Market Live Updates – Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for June 21, 2024.

• June 21, 2024 08:31
  

  Share market live news: Gift Nifty indicates flat opening for Nifty50

  Domestic markets are likely to open on a flat note on Friday. Analysts expect the market to remain lacklustre till Union Budget is presented. Gift Nifty at 23,595 indicates a flat opening for NSE Nifty50.

  Osho Krishan, Senior Analyst, Technical & Derivatives, Angel One Ltd, said, ”The active involvement of various sectors is driving positive market sentiment and contributing to a bullish trend.”

• June 21, 2024 08:16
  

  Share market live news: Stocks that will see action today

  Aster DM Healthcare will remain in focus as Olympus Capital Asia Investment is likely to sell 10.1 per cent equity through block deal, per reports. The block portion includes a base size of 5.05 per cent with a green shoe option of another 5.05 per cent. Floor Price has been set at ₹331 per share, the reports indicated.

  VC firm Avataar Venture Partners has exited RateGain Travel Technologies by selling its entire 1.8 per cent stake (21,56,960 shares) for ₹160 crore through an open market transaction at ₹745 apiece. These shares were picked up by Axis Mutual Fund (MF), ICICI Prudential MF, Tata MF, Morgan Stanley Asia Singapore and Societe Generale at the same price.

  Visa services provider BLS International has inaugurated a new visa application centre with increased processing capacity in Mumbai. The newly inaugurated visa application centre, located at Nariman Point, will also handle applications for visas to Spain, Slovakia, Egypt, Gambia, Morocco, and South Korea, the company said.

  Markets regulator SEBI confirmed the interim directions to bar JM Financial Ltd from acting as a lead manager for public issues of debt securities until March 31, 2025, in a case of alleged irregularities in a public issue of non-convertible debentures (NCDs). The regulator, in a confirmatory order, clarified that the restriction only applies to public issues of debt securities and does not affect JM Financial Ltd (JMFL) other activities, including equity issues.

  Tata Communications has raised $250 million sustainability loan from DBS Bank, ANZ and Export Development Canada (EDC). The loan is of a five-year tenor, and is called as a sustainability-linked loan (SLL), wherein progress on carbon emission targets will determine the costs, according to a statement.

  NACL Industries (formerly Nagarjuna Agrichem Ltd) has appointed Ernst & Young as the investigation agency to conduct a forensic audit to investigate certain irregularities flagged by the statutory auditors with regard to receivables. “After getting their report, the company would reassess the situation to determine if further adjustments and disclosures are necessary,” the company said in a BSE filing. It said that it would initiate appropriate legal actions against any employee(s) or third parties found to be involved in the irregularities.

  A malware attack at GIC Housing Finance Ltd has affected some of the company’s end user systems, the company informed exchanges on Thursday. No operations of the housing finance company, which has a net worth of ₹1,828.83 crore as on March 31, have been disrupted. GIC Housing Finance has “isolated the affected systems from the network to stop further impact,” it said. A detailed investigation is underway in consultation with relevant stakeholders to assess the root cause, and take remedial action as necessary, the company said.

  Amara Raja Energy & Mobility (ARE&M), India’s leading battery manufacturer, has further invested €20 million, which includes a subscription for an additional 4.5 per cent equity stake in InoBat AS, Norway. With the above, Amara Raja Energy & Mobility Limited’s total holding will be around 9.32 per cent of its equity stake in InoBat AS, including its previous investment of €10 million. The Slovak company InoBat, specialises in research, development, and production of batteries for electric vehicles custom-designed to meet the specific requirements of global mainstream and specialist OEMs within the automotive, commercial vehicle, motorsport, and aerospace sectors, and has shown significant growth in the recent times.

  Clean Science and Technology Limited has subscribed to the additional 8,36,121 shares of face value of ₹10 each at ₹588 a share for cash, aggregating to ₹50 crore by way of subscription to the rights issue of Clean Fino-Chem Limited, a wholly owned subsidiary of the company. The said shares will rank pari passu with the existing equity shares. The additional capital will be primarily used for funding its growth capex, it said.

  As part of internal restructuring, Voltas Ltd has executed a share purchase agreement with Universal MEP Projects Pte Limited, a step-down wholly owned subsidiary in Singapore, for transfer of company’s direct investments in overseas subsidiary companies, namely – Weathermaker FZE in UAE (100 per cent); Saudi Ensas Company for Engineering Services WLL in Kingdom of Saudi Arabia (92 per cent) and Lalbuksh Voltas Engineering Services and Trading LLC in Sultanate of Oman (20 per cent) to UMPPL.

  Serene Vibes Private Limited (SVPL), a wholly owned subsidiary of RPSG Ventures has entered into a Deed of Assignment with Natures Basket Limited, a subsidiary of Spencer’s Retail Ltd for purchase of brand “The Gift Studio” owned by NBL for a total purchase consideration of ₹24.75 crore (plus applicable taxes).

  The board of directors of Oil and Natural Gas Corporation (ONGC) has approved the appointment of Devendra Kumar as Chief Financial Officer (CFO).

• June 21, 2024 07:55
  

  Stock market live news: Stanley Lifestyles IPO opens today

  The ₹537-crore initial public offering (IPO) of the Bengaluru-based Stanley Lifestyles opens to public today at a price band of ₹351-369. The IPO will close on June 25. The IPO with a face value of ₹2 a share consists of a fresh issue of ₹200 crore and an offer for sale up to 91,33,454 shares by promoters and other selling shareholders.

• June 21, 2024 07:39
  

  Share market live news: Akme Fintrade IPO closes today

  The public issue of Akme Fintrade India, widely known as Aasaan Loans, was subscribed 11.63 times on June 20. The price band for the issue has been fixed at ₹114-120. The lot size for the Akme Fintrade IPO is 125 equity shares.

  The ₹132-crore initial public offering (IPO) of Acme Fintrade India will close today. The IPO saw an overwhelming response from all categories of investors.

  The entire offer is fresh issue of 1.1 crore shares from the NBFC.

• June 21, 2024 06:54
  

  Share market live news: Corporate actions

  Dividend

  21-Jun-24

  TATASTEEL: Final Dividend – Rs. – 3.60

  SOLIMAC: Final Dividend – Rs. – 1.75

  KANSAINER: Final Dividend – Rs. – 3.75

  PNB: Dividend – Rs. – 1.50

  CARERATING: Final Dividend – Rs. – 11.00

  BEPL: Final Dividend – Rs. – 1.00

  CYIENT: Final Dividend – Rs. – 18.00

  DHANROTO: Final Dividend – Rs. – 1.50

  CONCORDBIO: Dividend – Rs. – 8.75

  BAJFINANCE: Final Dividend – Rs. – 36.00

  SUPREMEIND: Final Dividend – Rs. – 22.00

  HDFCLIFE: Final Dividend – Rs. – 2.00

  GREENLAM: Final Dividend – Rs. – 1.65

  TORNTPHARM: Final Dividend – Rs. – 6.00

  ACI: Final Dividend – Rs. – 1.00

  CEENIK: Interim Dividend – Rs. – 1.00

  BAJAJFINSV: Final Dividend – Rs. – 1.00

  MISHTANN: Final Dividend – Rs. – 0.0010

  24-Jun-24

  OBEROIRLTY: Final Dividend – Rs. – 2.00

  IPO

  DEE Development Engineers: 19-Jun-24; Close: 21-Jun-24

  Akme Fintrade India: 19-Jun-24; Close: 21-Jun-24

  Stanley Lifestyles: 21-Jun-24; Close: 25-Jun-24

  Buyback

  —

  Bonus

  PVV Infra: Bonus Issue 1:5; Ex-Date: 21-Jun-24

  Hindustan Petroleum Corp: Bonus Issue 1:2; Ex-Date: 21-Jun-24

  Bharat Petroleum Corp: Bonus Issue 1:1; Ex-Date: 21-Jun-24

  Aurionpro Solutions: Bonus Issue 1:1; Ex-Date: 27-Jun-24

  MM Forgings: Bonus Issue 1:1; Ex-Date: 16-Jul-24

  Siddhika Coatings: Bonus Issue 1:1; Ex-Date: 19-Jul-24

  EIH Associated Hotels : Bonus Issue 1:1; Ex-Date: 29-Jul-24

  Stock Split

  Premier Explosives: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 21-Jun-24

  Share India Securities: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 27-Jun-24

  Remsons Industries: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 05-Jul-24

  Right Issue

  Mitcon Consultancy & Engineering: Ex-Date: 20-Jun-24

  VSF Projects: 05-Jun-24; Close: 20-Jun-24

  IFL Enterprises: 27-May-24; Close: 25-Jun-24

  Integra Essentia: 11-Jun-24; Close: 25-Jun-24

  Sobha: 28-Jun-24; Close: 04-Jul-24

  Gujarat Toolroom: 14-Jun-24; Close: 12-Jul-24

  Spright Agro: 24-Jun-24; Close: 12-Jul-24

  Bhandari Hosiery Exports: 08-Jul-24; Close: 22-Jul-24

  Mitcon Consultancy & Engineering: 28-Jun-24; Close: 26-Jul-24

• June 21, 2024 06:46
  

  Stock market live news: Day trading guide for June 21, 2024: Intraday supports, resistances for Nifty50 stocks

  Here are the intraday supports and resistances for widely traded stocks such as Reliance Industries, ITC, ONGC, Infosys, HDFC Bank, TCS, and SBI

• June 21, 2024 06:44
  

  Share market live news| Stock to buy today: Indian Hotels (₹638.30)

  The outlook for Indian Hotels is bullish. The stock has been moving up very well since the beginning of this month. The 4 per cent rise this week has taken the share price well above the key intermediate resistance level of ₹620.

  The region between ₹625 and ₹620 will now act as a strong support zone.