Today's Market at 08:25am
US Market (Futures)
Nasdaq = -64.00
Dow Jones = -65.10
S&P 500 = -13.40
European (Futures)
Ftse 100 = -5.20
Cac 40 = -3.40
Dax = -22.70
Asian
Nikkei 225 = +405.89
Straits Times = +5.11
Hang Seng = +358.46
KOSPI = +48.08
Taiwan weighted = +164.18
Shanghai (SSE) = +10.27
Gift Nifty = (-10.00)
FII and DII Trading Activity June 6, 2025 in Cash market:
FIIs: Net Buy of ₹1,009.71 crore
DIIs: Net Buy of ₹9,342.48 crore
Key Corporate Developments and Updates:
Mahindra and Mahindra: May production rose 27.6% YoY to 89,626 units; sales up 16.6% to 80,458 units; exports jumped 36.7% to 3,652 units. [Positive]
MCX: Received SEBI approval to launch electricity derivatives, enhancing product offerings. [Positive]
Bikaji Foods International: NCLT approved amalgamation of Vindhyawasini Sales with the company. [Positive]
Rites: Signed agreement with Hindustan Copper for developing critical mineral supply chain. [Positive]
GHV Infra Projects: Secured Rs 546 crore construction order from GHV (India). [Positive]
UPL: Global seed company Advanta Brazil, part of the UPL Group, has announced that its Brazilian associate company, Serra Bonita to sell entire assets for $125 million. [Positive]
Seamec: Signed charter hire agreement with Mubarak Bridge, Dubai for vessel SEAMEC III. [Positive]
Nazara Technologies: Smaaash Entertainment became a wholly owned subsidiary; Rs 116 crore loan extended. [Positive]
Electronics Mart: Commenced operations of a new store in Andhra Pradesh. [Positive]
JK Cement: Acquired 60% stake in Saifco Cements for Rs 150 crore. [Positive]
Ethos: Raised Rs 410 crore via rights issue. [Positive]
Balaji Telefilms: Entered long-term creative collaboration with Netflix and Ekta Kapoor. [Positive]
Garden Reach Shipbuilders: Signed MoUs with Berg Propulsion and SunStone for marine and cruise ship projects. [Positive]
Enviro Infra Engineers: Subsidiary EIE Renewables acquired Sunaxis, making it a step-down subsidiary. [Positive]
Afcons Infrastructure: Received Rs 700 crore order from Reliance Industries for vinyl project construction in Gujarat. [Positive]
Nibe: Entered licensing agreement with Defence Ministry for modular bridging technology. [Positive]
Hindustan Copper: Signed MoU with Rites to secure metal and mineral supply chain. [Positive]
Lupin: Received tentative USFDA approval for Oxcarbazepine ER Tablets from Nagpur facility. [Positive]
PNC Infra: Received Rs 240 crore flyover order in Rajasthan. [Positive]
Infosys: Received relief in Rs 32,403 crore GST case; DGGI closed notice; FY25 net profit Rs 26,713 crore. [Positive]
RailTel Corporation: Secured Rs 15.97 crore order from Department of Education for UPS and printers. [Positive]
Bharat Electronics (BEL): Signed an MoU with Tata Electronics to jointly explore opportunities in semiconductor and electronics development. The partnership will focus on semiconductor fabrication, OSAT, and design services, supporting BEL’s internal chip requirements. [Positive]
Asian Paints: May face an antitrust investigation by the Competition Commission of India based on a complaint from Birla Opus Paints (Aditya Birla Group), potentially impacting its business practices and legal standing. [Negative]
MedPlus Health Services: Received suspension orders for drug licenses in Karnataka, Andhra Pradesh, and Tamil Nadu. [Negative]
VIP Industries: Facing commercial suit from Jiaxing Bianca in Bombay Civil Court. [Negative]
CG Power: Addressed investor concerns on chip venture with Wolfspeed; called media reports inaccurate. [Negative]
LIC Housing Finance: CEO & MD Siddhartha Mohanty ceased role post term completion. [Negative]
Hyundai Motor India: Subscribed Rs 16 crore for 23.6 lakh shares of FPEL TN Wind Farm. [Neutral]
Bank of India: Revised RBLR to 8.35% from 8.85%. [Neutral]
Punjab National Bank: Revised RLLR to 8.35% from 8.85% effective June 9. [Neutral]
Orchid Pharma: NCLT to decide on lease rental dispute with DBS Bank. [Neutral]
Indian Bank: Revised RBLR to 8.20% from 8.70% effective June 9. [Neutral]
Persistent Systems: Re-appointed Anand Deshpande as Managing Director. [Neutral]
Baazar Style Retail: Opened new store in Uttar Pradesh. [Neutral]
HDFC Bank: HDFC Bank has responded to a media article, stating that both the bank and its CEO are being unfairly targeted by the Mehta family, who are allegedly trying to evade repayment of a long-pending loan of approximately Rs 65.22 crore taken by Splendour Gems Limited, which defaulted in 2001. The bank claims the allegations, including a recent complaint filed through the Lilavati Hospital trust, are baseless, malicious, and an abuse of the legal system aimed at obstructing loan recovery efforts. HDFC Bank reaffirmed its commitment to ethical practices and stated it will continue to take all necessary legal steps to recover the dues and protect its reputation. [Neutral]
Bank of Baroda: Cut repo-based lending rates by 50 bps for certain tenures. [Neutral]
Life Insurance Corp: MD Sat Pal Bhanoo given interim CEO charge for 3 months. [Neutral]
Hindustan Zinc: Board to consider first interim dividend for FY26 on June 11. [Neutral]
Block Deals:
Bajaj Finserv: Bajaj Holdings and Investment sold 1.04 crore shares (0.65%), Jamnalal Sons Private Limited sold 1.82 crore shares (1.13%) at Rs 1,925.2 apiece., while ICICI Prudential Mutual Fund bought 77.92 lakh shares (0.48%) at Rs 1,925.2 apiece, SBI Mutual Fund bought 77.92 lakh shares (0.48%) at Rs 1,925.2 apiece, among others.
ZF Commercial: Wabco Asia sold 6 lakh shares (3.16%) at Rs 13,191 apiece, while Franklin Templeton Mutual Fund bought 1.4 lakh shares (0.73%) at Rs 13,191 apiece, Sundaram Mutual Fund bought 1.23 lakh shares (0.64%) at Rs 13,191 apiece, Aditya Birla Sunlife Mutual Fund bought 1.23 lakh shares (0.64%) at Rs 13,191 apiece, among others.
Bulk Deals:
RBL Bank: Oxbow Master Fund sold 38.7 lakh shares (0.63%) at Rs 210.34 apiece.
Azad Engineering: Rakesh Chopdar sold 31.67 lakh shares (5.35%) at Rs 1623.78 apiece, while Nomura India Investment Fund Mother Fund bought 4.1 lakh shares (0.69%) at Rs 1,616.85 apiece.
Stock Trades Ex-Dividend
Nelco
Stock Trades Ex-Date for Rights
7NR Retail
Stocks in F&O Ban
Hindustan Copper, Aditya Birla Fashion and Retail, Chambal Fertilisers and Chemicals, Manappuram Finance
Source: NDTV Profit, Moneycontrol, NSE India, Investing.com
