{"id":31047,"date":"2023-06-14T08:49:56","date_gmt":"2023-06-14T03:19:56","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=31047"},"modified":"2023-06-14T08:52:40","modified_gmt":"2023-06-14T03:22:40","slug":"pre-market-report-sgx-nifty-indicates-positive-opening-zydus-lifesciences-anupam-rasayan-india-kotak-mahindra-bank-in-focus","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/pre-market-report-sgx-nifty-indicates-positive-opening-zydus-lifesciences-anupam-rasayan-india-kotak-mahindra-bank-in-focus\/","title":{"rendered":"Pre Market Report: SGX Nifty indicates positive opening; Zydus Lifesciences, Anupam Rasayan India, Kotak Mahindra Bank in focus"},"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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Nifty futures on the Singapore Exchange were trading 0.25% higher at 18,831.5, signalling that Dalal Street was headed for positive start on Wednesday.<\/p>

Asian shares rose as investor sentiments were boosted after slowing US inflation would give room for the Federal Reserve to pause and skip a rate hike when they meet later this week.<\/p>

The US CPI report showed prices barely rose in May, with just a 0.1% increase from Aprile 2023. On an annual basis, consumer prices rose 4%, slowing from April’s 4.9%.<\/p>

Indian rupee appreciated by 6 paise to 82.38 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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Zydus Lifesciences:<\/strong> The company said the USFDA (US drug regulator) inspection at the injectables manufacturing facility at Zydus Biotech Park in Changodar concluded with nil observations. The U.S. drug regulator conducted a current good manufacturing practices inspection at the facility from June 5 to June 13.<\/p>

Anupam Rasayan India<\/strong>: The speciality chemical company has signed a Letter of Intent worth revenue of $265 million for the next five years with a Japanese speciality chemical company to supply new age patented life science active ingredient. The product will be in the validation phase for the next eighteen months and upon successful validation, the supply will commence from CY2025.<\/p>

Kotak Mahindra Bank<\/strong>: The private sector lender said the board will meet on June 16 to consider raising funds via the issuance of unsecured, redeemable, non-convertible debentures\/bonds, in one or more tranches\/series, on a private placement basis, during FY24.<\/p>

Balkrishna Industries<\/strong>: The company announced that it will suspend operations at the Bhuj plant from the late evening of June 13, 2023, due to the cyclone Biparjoy. It will stop all operations for three to four days.<\/p>

LIC Housing Finance<\/strong>: Ashwani Ghai has resigned as Whole Time Director & Chief Operating Officer of the housing finance company with effect from June 13 after the transfer order. He has been transferred and posted as Additional Director at MDC, Mumbai.<\/p>

3i Infotech<\/strong>: The company’s subsidiary — NuRe FutureTech — has signed a Memorandum of Understanding (MoU) with the Department of Computer Science at SRM Valliammai Engineering College in Chennai. This partnership aims to establish an Artificial Intelligence Lab within the college.<\/p>

Fiem Industries<\/strong>: A fire incident occurred in one building of unit-7 at the Sonipat plant in Haryana. There is no loss or injury to human life and the fire is controlled with the help of fire tenders in a few hours, but there has been some damage to buildings, plant & machinery, and furniture among others. The company has initiated the necessary procedure for an insurance claim as the company’s assets are adequately covered.<\/p>

GAIL (India):<\/strong> The Ministry of Petroleum and Natural Gas has nominated Executive Director (Marketing) Sanjay Kumar as a director (marketing) on the board of the company. Currently, he is the Managing Director of Indraprastha Gas Ltd. (IGL), the largest CNG distribution company in India.<\/p>

LTIMindtree<\/strong>: The company said it has joined the Microsoft Intelligent Security Association, which is an ecosystem of independent software vendors and managed security service providers. The partnership will allow the company to enhance its MDR platform and help enterprises prevent, detect, and respond to cyberattacks.<\/p>

Archean Chemical Industries<\/strong>: The company has decided to temporarily suspend operations at its plant in Hajipir, Gujarat, starting June 14.<\/p>

KEC International<\/strong>: The company secured new orders worth Rs 1,373 crore across its railways, civil, transmission and distribution, and cables businesses.<\/p>

Zomato<\/strong>: The company\u2019s unit, Zomato Australia Pty Ltd., has been deregistered with effect from June 11, 2023.<\/p>

Nazara Technologies<\/strong>: Societe General has bought about 4 lakh shares in Nazara Technologies through bulk deals 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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\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 Nifty futures on the Singapore Exchange were trading 0.25% higher at 18,831.5, signalling…","protected":false},"author":5,"featured_media":0,"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":[46,43,95,78,139,48,26,692,144,693,77,47,24,23,84,21],"class_list":{"0":"post-31047","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-morninger","7":"tag-market-news","8":"tag-market-update","9":"tag-markets","10":"tag-nifty","11":"tag-nifty-futures","12":"tag-nifty-today","13":"tag-nse","14":"tag-opening-bell","15":"tag-options","16":"tag-pre-market","17":"tag-sensex","18":"tag-sensex-today","19":"tag-share-market","20":"tag-stock-market","21":"tag-stocks","22":"tag-trading-account","23":"cs-entry","24":"cs-video-wrap"},"yoast_head":"\nPre Market Report: SGX Nifty indicates positive opening; 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