{"id":17416,"date":"2022-06-15T06:43:35","date_gmt":"2022-06-15T01:13:35","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=17416"},"modified":"2022-06-15T08:55:29","modified_gmt":"2022-06-15T03:25:29","slug":"pre-market-report-dalal-street-may-open-marginally-lower-ashok-leyland-lic-and-asian-paints","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/pre-market-report-dalal-street-may-open-marginally-lower-ashok-leyland-lic-and-asian-paints\/","title":{"rendered":"Pre Market Report: Dalal Street may open marginally lower; Ashok Leyland, LIC and Asian Paints in news"},"content":{"rendered":"\t\t
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Market Opening - An Overview<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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SGX Nifty futures were trading 0.02% lower at 15,719, indicating that Dalal Street was headed for a muted start on Wednesday.<\/p>

Asian stocks were mixed ahead of the Federal Reserve’s monetary policy decision as market participants expect a hefty interest-rate hike to fight inflation. Japan’s Nikkei 225 was down 0.73% and Topix fell 0.72%. China’s Hang Seng rose 1.14% and CSI 300 index advanced 1.12%.<\/p>

Indian rupee rose 5 paise to 77.99 against the US dollar on Tuesday.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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FII\/DII Trading Data<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Stocks in News Today\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Ashok Leyland<\/strong>: The company\u2019s electric vehicle arm Switch Mobility is in talks with financial investors to raise about $300 million–$200 million for capital expenditure needs and $100 million for Switch subsidiary Ohm Global Mobility, said Mahesh Babu, Chief Operating Officer at Switch Mobility.<\/p>

Life Insurance Corporation (LIC):<\/strong> The insurer has increased its stake in Capri Global Capital Ltd, a diversified non-banking finance company, from 5.04% to 7.06% at an average cost of Rs 624.61 per share, according to a regulatory filing.<\/p>

Asian Paints<\/strong>: The paint company acquired a 51% stake in Weatherseal Fenestration for Rs 18.84 crore. With this development, Weatherseal Fenestration is now a subsidiary of the company.<\/p>

PNB Housing Finance:<\/strong> The NBFC said its board has approved raising up to Rs 2,000 crore by issuing bonds on a private placement basis. The housing finance company, promoted by Punjab National Bank, was looking to raise equity capital worth Rs 4,000 crore and struck a deal with joint-venture partner Carlyle Group, among other investors, in May last year.<\/p>

Engineers India<\/strong>: Nayveli Lignite Corporation has appointed Engineers India as a project management consultant for its 1,200 TPD lignite to methanol project. This project is expected to be commissioned in 2027.<\/p>

Shriram City:<\/strong> The company plans to raise up to Rs 300 crore via debt securities on a private placement basis. The bond issue is likely to be in one or more tranches as fully paid-up or partially paid-up on a private placement basis.<\/p>

Bajaj Auto:<\/strong> The two-wheeler manufacturer said Shekhar Bajaj has tendered his resignation as a non-executive director of the company due to health reasons. The resignation is with effect from June 30, 2022, the company said in a regulatory filing.<\/p>

UPL:<\/strong> The agrochemical major said it has signed an agreement with Shreenath Mhaskoba Sugar Mill in Pune for sustainable sugarcane production in Maharashtra.<\/p>

GR Infraprojects:<\/strong> The company\u2019s subsidiary GR Bandikui Jaipur Expressway Private Limited has executed the concession agreement with the National Highways Authority of India. The project is worth Rs 1,368 crore and it includes the construction of a 4-lane greenfield expressway spur from Delhi-Vadodara Greenfield expressway near Bandikui to Jaipur in Bharatmala Pariyojana Phase-1 in Rajasthan on hybrid annuity mode.<\/p>

Pricol<\/strong>: The company has appointed Priyadarsi is appointed as Chief Financial Officer and key managerial personnel of the company, with effect from July 1, 2022. He will replace P Krishnamoorthy who resigned as Chief Financial Officer of the company.<\/p>

Cipla<\/strong>: The drugmaker and not-for-profit research and development organisation DNDi launched child-friendly 4-in-1 anti-retroviral treatment for young children living with HIV in South Africa. This combination treatment has been developed by Cipla and the Drugs for Neglected Diseases initiative (DNDi).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tOpen a Free Demat Account<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Market Opening – An Overview SGX Nifty futures were trading 0.02% lower at 15,719, indicating that Dalal Street…","protected":false},"author":5,"featured_media":3004,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[42],"tags":[46,43,78,48,26,77,47,24,23],"class_list":{"0":"post-17416","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-morninger","8":"tag-market-news","9":"tag-market-update","10":"tag-nifty","11":"tag-nifty-today","12":"tag-nse","13":"tag-sensex","14":"tag-sensex-today","15":"tag-share-market","16":"tag-stock-market","17":"cs-entry","18":"cs-video-wrap"},"yoast_head":"\nPre Market Report: Dalal Street may open marginally lower; 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