News and Global Index updates.

🌹 🌞Good Morning 🌞🌹

*SGX Nifty -169 pts (15690) from last trade 15859 ,*  

Nikkei -306 pts , 

Hangseng -293 pts , 

Now @6.52am . 

Dow -497.21 pts ,

Nsdq -343.01 pts, 

S&P -78.56 pts, 

Bovespa -172 pts , 

Ftse +65 pts , 

Dax +45 pts , 

Cac +38 pts , 

Crude @ $112.24 brl (+0.48), 

Brent @ $118.59 brl (+0.61) , 

Gold @ 1820.50 (-0.70), 

Silver @ $20.765 (-0.05), 

Euro @ $1.0521, 

JPY @ $136.15,  

INR @ 78.975

*Today's Corporate Action*

*29th June Ex Date*

SONACOMS

Final Dividend - Rs. - 0.7700

TATASTLLP

Dividend - Rs. - 12.5000

VAIBHAVGBL

Final Dividend - Rs. - 1.5000

*Today's Key Results/Board Meetings*

*29-Jun-22*

ABIRAFN

General      

APTPACK

Audited Results    

ASHNI

Preferential Issue of shares;General    

CIGNITI*Buy Back of Shares     

DSSLGeneral      

OZONEWORLD

General      

PANCHSHEEL

Issue Of Warrants;Preferential Issue of shares   

PRECISION

Quarterly Results;General     

SCANDENT

Increase in Authorised Capital;A.G.M.;Preferential Issue of shares;General;Rights Issue

SIS

Buy Back of Shares     

VENUSPIPES

Audited Results     

ZKHATAUE

Preferential Issue of shares;General    

*Stock under F&O ban on NSE*

*29-Jun-22*

1DELTACORP 

2SUNTV

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*Brokerage reports* 

JPM on *Tata Steel* 

OW, TP Rs 1400

CLSA on *Colgate* 

Sell, TP Rs 1490

CLSA on *Maruti* 

Sell, TP Rs 7053 

CLSA on *HDFC AMC* maintain buy with tgt price of 2230 

CS on *AU Small Finance* Bank maintain UP with tgt price of 510 

Jefferies on *2ws* 

 

Preferred buys – *Eicher* & *TVS* , followed by *Bajaj Auto* 

Over FY22-24, see EPS rising 120% for EIM/TVS &60-75% for BJAUT/HMCL

Abnormal 35% fall in 2W vols over FY19-22 has created a favorable base for double-digit CAGR in coming yrs 

Antique on *Asian Paints* 

Upgrade to Buy

However, in subsequent years, APNT has regained its margins by calibrated price hikes & operating scales

Foray of Grasim could impact smaller/regional players 

Post recent correction & sustained demand for decorative paints, upgrade to Buy.

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