Stocks declined while US equity futures full on Monday amid rising threats to global and the U.S. central bank's focus to tighter monetary settings in its bid to tackle surge in inflation.
Equities in Japan, Australia and South Korea fell after the worst week for global shares since late June.
At 7:10 am, the Singapore-traded SGX Nifty--an early barometer of India's benchmark Nifty 50--traded 0.42% lower at 17,669 points.
Key for markets this week is the Fed’s symposium at Jackson Hole, Wyoming. West Texas Intermediate crude dropped 1.1% to $89.78 a barrel
Stocks To Watch
Adani Power: The company has agreed to acquire DB Power at an enterprise value of Rs 7,017 crore. DB Power owns and operates a 2x600 MW thermal power plant at District Janjgir Champa in Chhattisgarh.
JSW Steel: The company has entered into a joint venture agreement with National Steel Holding for establishing scrap shredding facilities in India.
Piramal Enterprise: The company appointed Upma Goel as the Chief Financial Officer effective from Aug. 18.
Central Bank of India: The bank entered into strategic co-lending partnership with lncred Financial Services to offer loans to MSME Borrowers.
AstraZeneca India: The company has received Import and Market permission from the Drugs Controller General of India for Olaparib Film-Coated tablets. The drug is additionally indicated as a monotherapy for the adjuvant treatment of adult patients with BRCA-mutated HER2- negative high risk early breast cancer who have previously been treated with neoadjuvant or adjuvant chemotherapy.
Shilpa Medicare: The company’s wholly owned subsidiary Shilpa Biologicals completed the phase 3 Human Clinical studies of its first biosimilar, the 100mg/ml High Concentration Adalimumab biosimilar and has submitted the dossier to the CDSCO for review and grant of marketing/manufacturing license — a first in India.
FTSE Inclusions & Exclusions
LargeCap
Inclusions:
Ashok Leyland Mid to Large
Bharti Airtel Partly Paid Lagecap addition
Hindustan Aeronautics Mid to Large
One 97 Communications Mid to Large
Tata Elxsi Mid to Large
TVS Motors Mid to Large
Varun beverages Mid to Large
Exclusions:
Aurobindo Pharma Large to Mid
Guj Gas Large to Mid
Hindustan Petro Large to Mid
Lupin Large to Mid
NMDC Large to Mid
Star Health & Allied Large to Mid
SAIL Large to Mid
Vodafone Idea Large to Mid
MIDCAP
Inclusions:
CG Power Small to Mid
Guj Fluorochemicals Small to Mid
Indian Hotels Small to Mid
Linde India Small to Mid
Schaeffler India Small to Mid
Aurobindo Pharma Large to Mid
Guj Gas Large to Mid
Hindustan Petro Large to Mid
Lupin Large to Mid
NMDC Large to Mid
Star Health & Allied Large to Mid
SAIL Large to Mid
Vodafone Idea Large to Mid
Exclusions:
Ashok Leyland Mid to Large
Hindustan Aeronautics Mid to Large
Indiabulls Housing Fin Mid to Small
One 97 communications Mid to Large
Tata Elxsi Mid to Large
TVS Motors Mid to Large
Varun beverages Mid to Large
SMALLCAPS
Inclusions
Aptus Value Housing Finance India Small Cap Addition
Asahi India Glass Small Cap Addition
Blue Dart Express Small Cap Addition
Borosil Renewables Small Cap Addition
CCL Products India Small Cap Addition
Deepak Fertilizers and Petrochemicals Corporation Limited Small Cap Addition
Devyani International Small Cap Addition
Elgi Equipments Small Cap Addition
Fine Organic Industries Small Cap Addition
Galaxy Surfactants Small Cap Addition
Garware Technical Fibres Small Cap Addition
GMM Pfaudler Small Cap Addition
Hitachi Energy India Small Cap Addition
Home First Finance Company India Small Cap Addition
Indiabulls Housing Finance Mid to Small
Indigo Paints Small Cap Addition
Inox Leisure Small Cap Addition
Mahindra Lifespace Developers Small Cap Addition
Medplus Health Services Small Cap Addition
Motherson Sumi Wiring India Small Cap Addition
Polyplex Small Cap Addition
Restaurant Brands Asia Small Cap Addition
Shree Renuka Sugars Small Cap Addition
Tejas Networks Small Cap Addition
Vedant Fashions Small Cap Addition
Exclusions
CG Power and Industrial Solutions Small to Mid
Future Consumer Small Cap Deletion/Fail Invt Mkt Cap/Fail Mkt Cap/
Future Retail Small Cap Deletion/Fail Invt Mkt Cap/Fail Mkt Cap/
Gujarat Fluorochemicals Small to Mid
Indian Hotels Small to Mid
Linde India Small to Mid
Schaeffler India Small to Mid
MICROCAP
Additions
Arihant Capital Markets Micro Cap ADDITION
Bajaj Healthcare Micro Cap ADDITION
Barbeque Nation Hospitality Micro Cap ADDITION
Bhagiradha Chemicals & Industries Micro Cap ADDITION
Bigbloc Construction Micro Cap ADDITION
Coffee Day Enterprises Micro Cap ADDITION
D. P. Abhushan Micro Cap ADDITION
Deep Industries Micro Cap ADDITION
Delta Micro Cap ADDITION
Emami Paper Mills Micro Cap ADDITION
Privi Speciality Chemicals Micro Cap ADDITION
Ganesh Benzoplast Micro Cap ADDITION
Garware Hi-Tech Films Micro Cap ADDITION
GFL Micro Cap ADDITION
GSS Infotech Micro Cap ADDITION
TAJGVK Hotels & Resorts Micro Cap ADDITION
Hikal Micro Cap ADDITION
Hindustan Motors Micro Cap ADDITION
Hinduja Global Solutions Micro Cap ADDITION
HLE Glascoat Micro Cap ADDITION
Hubtown Micro Cap ADDITION
Ion Exchange (India) Micro Cap ADDITION
Jagsonpal Pharmaceuticals Micro Cap ADDITION
Jayant Agro-Organics Micro Cap ADDITION
Jindal Stainless (Hisar) Micro Cap ADDITION
Johnson Controls-Hitachi Air Conditioning India Micro Cap ADDITION
JTL Infra Micro Cap ADDITION
Jupiter Wagons Micro Cap ADDITION
Khaitan Chemicals & Fertilizers Micro Cap ADDITION
Madhya Bharat Agro Products Micro Cap ADDITION
Mangalam Organics Micro Cap ADDITION
Marathon Nextgen Realty Micro Cap ADDITION
Max India Micro Cap ADDITION
Medicamen Biotech Micro Cap ADDITION
Monarch Networth Capital Micro Cap ADDITION
MTAR Technologies Micro Cap ADDITION
Music Broadcast Micro Cap ADDITION
Nahar Poly Films Micro Cap ADDITION
Navkar Micro Cap ADDITION
Nazara Technologies Micro Cap ADDITION
Olectra Greentech Micro Cap ADDITION
Orient Bell Micro Cap ADDITION
Oriental Hotels Micro Cap ADDITION
Paras Defence and Space Technologies Micro Cap ADDITION
Pearl Global Industries Micro Cap ADDITION
Prakash Pipes Micro Cap ADDITION
Rossari Biotech Micro Cap ADDITION
Shipping Corporation of India Micro Cap ADDITION
Shivalik Rasayan Micro Cap ADDITION
Shree Pushkar Chemicals & Fertilisers Micro Cap ADDITION
Sigachi Industries Micro Cap ADDITION
SOM Distilleries and Breweries Micro Cap ADDITION
Speciality Restaurants Micro Cap ADDITION
Sree Rayalaseema Hi-Strength Hypo Micro Cap ADDITION
Suprajit Engineering Micro Cap ADDITION
Talbros Automotive Components Micro Cap ADDITION
TCPL Packaging Micro Cap ADDITION
The Dharamsi Morarji Chemical Micro Cap ADDITION
Thyrocare Technologies Micro Cap ADDITION
Udaipur Cement Works Micro Cap ADDITION
Ugar Sugar Works Micro Cap ADDITION
United Drilling Tools Micro Cap ADDITION
Uniphos Enterprises Micro Cap ADDITION
Uttam Sugar Mills Micro Cap ADDITION
Vadilal Industries Micro Cap ADDITION
Vardhman Holdings Micro Cap ADDITION
Vijaya Diagnostic Centre Micro Cap ADDITION
Vikas EcoTech Micro Cap ADDITION
Vinyl Chemicals (India) Micro Cap ADDITION
Zuari Agro Chemicals Micro Cap ADDITION
EXCLUSIONS
Aurum Proptech Micro Cap DELETION /Fail Microcap invcap/
Chalet Hotels Micro Cap DELETION /Above 92%/
Deepak Fertilizers and Petrochemicals Corporation Limited Micro Cap DELETION /Add to All Cap/ Above 92%/
DiGiSPICE Technologies Micro Cap DELETION /Fail Microcap invcap/
Esab India-A Micro Cap DELETION /Above 92%/
Future Enterprises Micro Cap DELETION /Fail Microcap invcap/
Gayatri Projects Micro Cap DELETION /Fail Microcap invcap/
GHCL Micro Cap DELETION /Above 92%/
Greenpanel Industries Micro Cap DELETION /Above 92%/
Gujarat Alkalies and Chemicals Micro Cap DELETION /Above 92%/
Gujarat Ambuja Exports Limited Micro Cap DELETION /Above 92%/
Gujarat State Fertilizers & Chemicals Micro Cap DELETION /Above 92%/
Inox Leisure Micro Cap DELETION /Add to All Cap/ Above 92%/
Inox Wind Energy Micro Cap DELETION /Fail Microcap invcap/
Jamna Auto Industries Micro Cap DELETION /Above 92%/
JK Paper Micro Cap DELETION /Above 92%/
Jubilant Industries Micro Cap DELETION /Fail Microcap invcap/
Jyothy Laboratories Micro Cap DELETION /Above 92%/
Karda Constructions Micro Cap DELETION /Fail Microcap invcap/
KSB Micro Cap DELETION /Above 92%/
Mahindra Lifespace Developers Micro Cap DELETION /Add to All Cap/ Above 92%/
Meghmani Finechem Micro Cap DELETION /Above 92%/
MIRC Electronics Micro Cap DELETION /Fail Microcap invcap/
Parsvnath Developers Micro Cap DELETION /Fail Microcap invcap/
RHI Magnesita India Micro Cap DELETION /Above 92%/
Sadbhav Engineering Micro Cap DELETION /Fail Microcap invcap/
Securekloud Technologies Micro Cap DELETION /Fail Microcap invcap/
Sharda Cropchem Micro Cap DELETION /Above 92%/
Shoppers Stop Micro Cap DELETION /Above 92%/
Siti Networks Micro Cap DELETION /Fail Microcap invcap/
SVP Global Textiles Micro Cap DELETION /Fail Microcap invcap/
Swan Energy Micro Cap DELETION /Above 92%/
TAKE Solutions Micro Cap DELETION /Fail Microcap invcap/
Tejas Networks Micro Cap DELETION /Add to All Cap/ Above 92%/
Venus Remedies Micro Cap DELETION /Fail Microcap invcap/
VRL Logistics Micro Cap DELETION /Above 92%/
Xelpmoc Design and Tech Micro Cap DELETION /Fail Microcap invcap/
Zee Learn Micro Cap DELETION /Fail Microcap invcap/
Insider Trades
LG Balakrishnan & Bros: Promoter Nithin Karivardhan sold 10,000 shares on August 18.
Mukand: Promoter Valiant Investments & Trades bought 6,600 shares on August 12.
Geojit Financial Services: Promoter BNP Paribas SA sold 2.7 lakh shares on August 17.
DB Corp: Promoter Sudhir Agarwal bought 7,558 shares on August 12 and Promoter Girish Agarwal bought 1.24 lakh shares between August 16 and August 18.
Nuvoco Vistas Corporation: Promoter Niyogi Enterprise bought 32,000 shares on August 17.
Bulk Deals
IIFL Finance: Morgan Stanley Asia Singapore PTE bought 35 lakh (0.92%) shares at Rs 334.95 apiece and CDC Group PLC sold 1.35 crore (3.55%) shares at Rs 335.64 apiece.
Repco Home Finance: Omnis Portfolio Invest Icvcomnis Global Emerging Markets Equity Opportunity Fund bought 4.76 lakh (0.76%) shares at Rs 232.6 apiece.
Mrs Bectors Food Specialties: Bajaj Holdings and Investment sold 3.22 lakh (0.54%) shares at Rs 360.06 apiece.
Computer Age Management Services: Great Terrain Investment sold 18.55 lakh (3.79%) shares at Rs 2,306.18 apiece.
Who’s Meeting Whom
Mahindra Lifespace Developers: To meet analysts and investors on August 22.
UltraTech Cement: To meet analysts and investors on August 22.
AGMs today
Astra Microwave Products
Bayer Cropscience
Divi’s Laboratories
Mangalore Refinery & Petrochemicals
NCC
Repco Home Finance
Money Market Update
The rupee ended at Rs 79.78 against the U.S. Dollar on Friday as compared to Thursday's closing of Rs 79.68
F&O Cues
Nifty August futures ended at 17,731.60, a discount of 26.85 points.
Nifty August futures shed 6.29% and 14,267 shares in Open Interest.
Nifty Bank August futures ended at 38,930, a discount of 55.95 Points.
Nifty Bank August futures shed 4.58%, 4,773 shares in Open Interest.
Securities in the ban list: Balrampur Chini, Delta Corp, Tata Chemicals