Stock Market Today: All You Need To Know Going Into Trade On Aug. 18

Asian equities and US futures declined as investors digested uncertainty in the Chinese economy. The US Federal Reserve minutes hinted at the need for delicate balancing act to tackle inflation while reducing the chances of a recession, simultaneously.

Equities fell across Japan, South Korea and Australia after US markets logged losses for the first time in four days.

At 6:27 am, the Singapore-traded SGX Nifty--an early barometer of India's benchmark Nifty 50--traded 0.09% lower at 17,952 points.

Crude oil retreated while gold advanced and Bitcoin was little changed.

• Sona BLW Precision Forgings: Blackstone to sell 10.87% stake in Sona BLW Precision Forgings in block trade. Upsize option of 1.58 crore shares representing 2.72% stake. Floor price set at Rs 500 apiece, a 7.3% discount on Wednesday’s closing price. The total deal would fetch Blackstone Rs 3,971.7 crore (calculated at floor price).

• ONGC: The company has signed Heads of Agreement with ExxonMobil for deep water exploration in Krishna Godavari and Cauvery Basins in the eastern offshore and the Kutch-Mumbai region in the western offshore.

• Natco Pharma: The company received tentative approval from the U.S. FDA for Trabectedin for Injection (generic for Yondelis) for the 1mg/vial presentation.

• Reliance Industries: Jio adds net 4.22 million mobile subscribers in June: TRAI

• Bharti Airtel: Adds net 7,93,132 mobile subscribers in June: TRAI

• Vodafone Idea: Loses net 1.8 million mobile subscribers in June: TRAI

• GAIL India: Approves raising up to Rs 25,000 crore through rupee borrowing and up to $313 crore in foreign currency.

• Kilburn Engineering: RBL Bank sold 2.2 million shares of KEL in two blocks: BSE

• Max Financial Services: Promoter Max Ventures Investment Holdings created a pledge of 97,000 shares between August 12 and August 16.

• Coffee Day Enterprises: Promoter V.G.Siddhartha invoked a pledge of 36.63 lakh shares on August 6.

• LG Balakrishnan & Bros: Promoter Nithin Karivardhan sold 10,000 shares on August 16.

• Asahi India Glass: Promoter & Director Mr. Brij Mohan Labroo bought 72,568 shares on August 10 and sold 72,568 shares on August 11.

• Vaibhav Global: Promoter Group Brett Enterprises bought 4,000 shares on August 16.

• Nava: Employees Retirement System of Texas - Self Managed Portfolio bought 10.88 lakh shares (0.74%) at Rs 246.16 apiece.

• EPL: To meet investors and analysts on August 18.

• FSN E-Commerce Ventures: To meet investors and analysts on August 19, August 20, and August 24.

• Kajaria Ceramics: To meet investors and analysts on August 23.

• P I Industries: To meet investors and analysts on August 18.

• Cummins India: To meet investors and analysts on August 19.

• Fairchem Organics: To meet investors and analysts on August 22.

• Coal India: To meet investors and analysts on August 22.

• Timken India: To meet investors and analysts on August 19.

• Emami: To meet investors and analysts on August 18.

• ICICI Bank: To meet investors and analysts on August 18.

• UltraTech Cement: To meet investors and analysts on August 18.

• Hindalco Industries: To meet investors and analysts on August 18.

• Tamilnadu Newsprint & Papers: To meet investors and analysts on August 18.

• Crisil: To meet investors and analysts on August 24 and August 29.

AGMs today

• Aegis Logistics

• City Union Bank

• Sanghvi Movers

• Sansera Engineering

• Sheela Foam

• Suven Pharmaceuticals

• Price Band Revised From 20% To 10%: DFM Foods

• Move Into Short-Term ASM Framework: DFM Foods

• Record-Date Dividend: Relaxo Footwears

• Record-Date Interim Dividend: Manappuram Finance, Container Corporation of India,

• Alembic Pharmaceuticals

• Record-Date Bonus Issue: REC

• Ex-Date Dividend: Apollo Hospitals Enterprise, Berger Paints India, JK Tyre & Industries, Pfizer

• Ex-Date Final Dividend: Can Fin Homes, Greenply Industries, Indian Railway Catering and Tourism, ICICI Securities, Karnataka Bank, Info Edge (India), Oil & Natural Gas Corporation, Quick Heal Technologies, Reliance Industries, Tanla Platforms, Uflex, V-Mart Retail

• Ex-Date Interim Dividend: Dynamatic Technologies, Page Industries, Tanla Platforms, Trident

The rupee ended at Rs 79.44 against the U.S. Dollar on Wednesday as compared to Friday's closing of Rs 79.74

• Nifty August futures ended at 17,965.45, a premium of 21.2 points.

• Nifty August futures added 2.73% and 5,999 shares in Open Interest.

• Nifty Bank August futures ended at 39,499.95, a premium of 38.25 Points.

• Nifty Bank August futures added 4.74%, 5,114 shares in Open Interest.

• Securities in the ban list: Balrampur Chini, Delta Corp, Tata Chemicals

• Maruti Suzuki Annual Report Update - Aims To Plug Gaps In Its Portfolio, Technologies: Motilal Oswal

• Auto Sector Check - EV Demand To Moderate, CNG To Drive Sales Of Dual-Fuel Vehicles: CareEdge

• J Kumar Infra - Focus On Margins, Cash Flow Generation To Augur Well In Long-Term: HDFC Securities

• IRCTC - Catering, Tourism To Drive Revenue Growth: IDBI Capital