"The above shall be effective from trade date July 7, 2023 Friday and accordingly, all existing contracts with Thursday expiry will be revised to Friday on July 6, 2023 EOD. The first Friday expiry will be on July 14, 2023," NSE said in a circular.

NSE to shift Nifty Bank F&O expiry day to Friday

Gold rate today has support placed at  ₹59,500 whereas it has resistance at  ₹60,800 and  ₹61,200 per 10 gm on MCX

Gold rate today trade tepid amid rate-pause bets from RBI monetary policy

Nelco Ltd.

Nelco shares: The stock is in focus today as the its trading ex-dividend for payment of  ₹2 per share final dividend to its eligible shareholders.

Nelco shares surge 7% as stock trades ex-dividend today; check details

Adani Group's prepaid loans of $2.65bn helped boost its share prices by up to 3% in Tuesday's trading. The group paid off its margin-linked share-backed financing of $2.15bn and $500m debt from its acquisition of Ambuja Cement, along with a $203m interest in March, before respective deadlines. The Adani Group's ratio of net debt to EBITDA was at 3.27, while the net debt to run-rate EBITDA ratio was at 2.81. The group's listed companies have a credit summary showing cash balance at INR40,351 crore and gross assets of INR4.23 lakh crore.

Adani group stocks rise up to 3% on $2.65 billion loan repayment

After being downgraded to "neutral" earlier in the year, India has rebounded and is now one of the top-performing emerging markets thanks to its encouraging GDP data, which has cemented its position as one of the fastest-growing economies globally. Strong earnings growth prospects, combined with swelling bids from both domestic and foreign investors, make Indian equities an attractive investment opportunity, despite rich relative valuations, according to Ridham Desai, managing director, Morgan Stanley India. Foreign portfolio investors have poured in more than $6.8bn into Indian markets since March.

From worst to best: How India paved the way for FIIs to return, fighting all odds

Sensex falls 50 points, Nifty below 18,600; IT stocks tank, Adani Enterprises up 2%; Vodafone Idea, BHEL, Tata Steel are some of the losers in the morning trade.

Sensex loses 50 points, Nifty below 18,600; Adani Enterprises up 2%

Among Sensex stocks, Infosys, Tech Mahindra, HCL Tech, Wipro, and TCS were opened in the red, while Bajaj Finserv, Asian Paints, Maruti, UltraTech Cement, Kotak Bank, and Tata Motors opened with gains.

Sensex, Nifty lacklustre on mixed global cues; IT stocks top laggards

Angel One Ltd.

Angel One reported a 1.7% YoY decline in gross client acquisition at 0.46 million in May, with overall client base at 14.58 million, up 44.5% YoY. Equity retail turnover market shares stood at 23.9% and retail turnover market share at 13.4% in cash. Angel One's Average Daily Turnover stood at ₹2,203,700 crore vs ₹2,197,800 crore in April. In the F&O segment, it was ₹2,167,100 crore, and in the commodity segment, it stood at ₹24,000 crore. Unique mutual fund SIPs registered were at 122070, down 18% MoM.

Angel One’s gross client acquisition drops 1.7% YoY in May; client base up over 44%

Lupin Ltd.

Lupin's shares reached a 52-week high of INR 830.3 after it announced the launch of its Darunavir Tablets to market a generic equivalent of Janssen Products' Prezista Tablets. The estimated annual sales of Darunavir Tablets in the US is at around $308m (as of IQVIA MAT March 2023). Lupin also reported a surge in stock figures, having gained over 16% in a month and over 35% in a year. Furthermore, the stock's day RSI (14) is at 79.8 and MACD is at 24.7, indicating bullish signals.

Lupin shares hit 52-week high after launch of HIV drug Darunavir in US

Embassy Office Parks REIT has raised INR1050 crores ($142m) via coupon-bearing Non-Convertible Debentures (NCDs) in order to refinance bank loans by securing 138 basis points interest savings from a 7.77% coupon rate, compared to expected interest rates during repricing. The NCDs carry a “AAA/Stable” rating from rating agency Crisil and will be listed on the wholesale debt market of BSE. The funds were raised with the help of arrangers including Axis Bank, Barclays Bank and ICICI Bank. Embassy REIT owns and operates a 45m sq ft portfolio of nine high-quality office parks in India.