Stocks advanced in Asia after strong earnings from U.S. retailers aid uptick in Wall Street.
Japanese benchmark jumped about 1%. S&P 500 and Nasdaq 100 futures were volatile after US equities swung to gains on Tuesday, aided by Walmart Inc. and Home Depot Inc.
At 6:32 am, the Singapore-traded SGX Nifty -- an early barometer of India's benchmark Nifty 50 -- traded 0.12% higher at 17,877.5 points.
Oil stabilized but hovered around six-month low, while bitcoin and gold saw fluctuations.
Stocks To Watch
Cipla: The company appointed Ashish Adukia as the Global Chief Financial Officer with effect from Aug. 16.
Bajaj Hindusthan Sugar: State Bank of India has initiated Insolvency Resolution Process of the company before the National Company Law Tribunal, Allahabad Bench.
Indico: The company will acquire 26% stake in Jalansar Wind Energy Pvt., for setting up Solar Power Plant at Akkalkot, Solapur District, Maharashtra.
Techno Electric & Engineering: The company has received orders worth Rs 1,455 crore from Rajasthan Rajya Vidyut Utpadan Nigam.
Global Cues
U.S. Dollar Index at 106.4
U.S. 10-year bond yield at 2.81% on Tuesday
Brent crude up 0.2% to $92.5 per barrel
Nymex crude at $86.85 per barrel
SGX Nifty up 0.12% to 17,877.5 as of 6:18 a.m
Bitcoin down 0.01% to $23,982
Pledge Share Details
Centrum Capital: Promoter Group Business Match Services (India) created a pledge of 4.88 crore shares on August 10.
Emami: Promoter Sneha Enclave created a pledge of 50,000 shares on August 12.
Insider Trades
Maharashtra Seamless: Promoter Group Sudha Apparels bought 18,000 shares and Promoter Saket Jindal bought 5,300 shares on August 10.
Nirlon: Promoter Shital trading & interiors sold 11,000 shares on August 12.
Apcotex Industries: Promoter Group Rita Ashok Parekh bought 2,650 shares on August 12.
Sanghi Industries: Promoter Group Flarezeal Solutions bought 40 lakh shares on August 12.
Geojit Financial Services: Promoter BNP Paribas SA sold 2.85 lakh shares between August 10 and August 11.
Sasken Technologies: Promoter Group Arti Rajiv Mody bought 20,000 shares on August 12.
Solara Active Pharma Sciences: Promoter Group Devicam Capital LLP 1,499 shares between August 10 and August 11.
Bulk Deals
Gujarat Alkalies & Chemicals: Meridan Chem Bond bought 5.35 lakh shares (0.72%) at Rs 831.28 apiece.
HDFC Asset Management Company: ABRDN Investment Management sold 1.19 crore shares (5.57%) at Rs 1,935.63 apiece.
Max Healthcare Institute: Smaller Cap World Fund bought 2.65 crore shares (2.73%) at Rs 353 apiece. Government of Singapore bought 5.19 crore shares (5.35%) at Rs 353 apiece. Monetary Authority of Singapore bought 1.05 crore shares (1.08%) at Rs 353 apiece. Kayak Investments Holding sold 26.01 crore shares (26.83%) at Rs 353 apiece. BNP Paribas Arbitrage bought 1.06 crore shares (1.09%) at Rs 353 apiece.
Who's Meeting Whom
Jupiter Wagons: To meet investors and analysts on August 17.
Insecticides India: To meet investors and analysts on August 17.
Persistent Systems: To meet investors and analysts on August 19.
Titagarh Wagons: To meet investors and analysts on August 17.
INOX Leisure: To meet investors and analysts on August 18 and August 19.
ITC: To meet investors and analysts on August 17.
Carborundum Universal: To meet investors and analysts on August 19.
Grasim Industries: To meet investors and analysts on August 17 and August 18.
Nuvoco Vistas Corporation: To meet investors and analysts on August 17.
Yasho Industries: To meet investors and analysts on August 18.
Indigo Paints: To meet investors and analysts on August 18 and August 19.
Adani Enterprises: To meet investors and analysts on August 17 and August 18.
Crisil: To meet investors and analysts on August 18.
Navkar Corporation: To meet investors and analysts on August 17.
KPI Green Energy: To meet investors and analysts on August 17.
AGMs today
Avenue Supermarts
Honeywell Automation India
JK Lakshmi Cement
Metropolis Healthcare
Rupa & Company
Ultratech Cement
West Coast Paper Mills
Money Market Update
The rupee ended at Rs 79.39 against the U.S. Dollar on Tuesday as compared to Friday's closing of Rs 79.53
F&O Cues
Nifty August futures ended at 17,859.30, a premium of 34.05 points.
Nifty August futures added 3.14% and 6,673 shares in Open Interest.
Nifty August futures ended at 39,325, a premium of 85.35 Points.
Nifty August futures shed 7.42%, 8,646 shares in Open Interest.
Securities in the ban list: Balrampur Chini, Delta Corp, Tata Chemicals
Research Reports
Syrma SGS Technology IPO - Play On Strong Industry Tailwinds: ICICI Direct
Happiest Minds - A Chronicle Of Consistent Value Creation: ICICI Securities Initiates Coverage
Equitas SFB - Well Crafted For Growth Among Small Finance Banks: Geojit Initiates Coverage
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
