Gold Silver Reports (GSR) – Stocks To Watch: Asian Paints, Canara Bank, Fortis, PC Jeweller – Indian equity benchmarks halted their three-day gains dragged by Tata Motors, Sun Pharma, ITC and TCS. The S&P BSE Sensex fell 0.21 percent or 73 points to 35,246 and the NSE Nifty 50 index slipped 0.23 percent or 25 points to 10,716.
Stocks To Watch In Friday’s Trade
📌 PC Jeweller’s board approves buyback of 1.2 crore shares not exceeding Rs 424 crore at a price of Rs 350 per share.
📌 Reliance Jio announces new postpaid plan starting Rs 199 per month.
📌 Pennar Industries receives multiple orders worth Rs 492 crore.
📌 Shree Pushkar Chemicals and Fertilizers board approves preferential allotment of equity to promoter group.
📌 Sharon bio-medicine gets Maharashtra Pollution Control Board approval to operate Taloja API plant.
F&O Setup
📌 Nifty May Futures closed trading at 10,725 with premium of 8 points versus 27.6 points.
📌 All series-Nifty open interest down 1 percent and Bank Nifty open interest down 7 percent.
📌 India VIX ended at 14.4, up 1 percent.
📌 Max open interest for May series at 11,000, open interest at 58.2 lakh, open interest up 8 percent.
📌 Max open interest for May series at 10,500, open interest at 54.6 lakh, open interest down 4 percent.
F&O Ban
📌 In ban: Balrampur Chini, Dewan Housing, IRB Infrastructure, Jet Airways, Justdial, Wockhardt, PC Jeweller
📌 New in ban: None
📌 Out of ban: None
📌 Only intraday positions can be taken in stocks under F&O ban. There is a penalty in case of a rollover of these positions.
