Wednesday, September 23, 2020

Top Things To Know Today Morning:

1. The Indian market is likely to open on a flat note.
2. Oil falls after surprise rise in U.S. crude inventories.
3. Japan factory activity struggles to recover as output falls.
4. Shapoorji Pallonji Group calls separation from Tatas ‘necessary’.
5. India's current account to register temporary surplus of $30 billion in FY21: ICRA
6. MF investors to get units only when schemes receive the funds.
7. Serum Institute of India begins manufacture of Codagenix's nasal COVID-19 vaccine candidate.
8. U.K. Prime Minister Boris Johnson announced new restructions that are likely to last six months.

Stock Specific News:

1. CAMS IPO was subscribed 1.93 times, while Chemcon Speciality Chemicals IPO was subscribed 12.65 times on the second day of the bidding process.
2. Angel Broking IPO: Issue subscribed 77% on Day 1.
3. Indian Oil Corporation board has approved the implementation of the Petrochemical and Lube Integration Project at IOC's Gujarat Refinery.
4. ICRA has assigned a "stable" outlook on the bank facilities and NCDs of Jindal Steel and Power.
5. The QIP of Central Bank of India has opened with the floor price set at Rs 16.18 per share.
6. SEBI has imposed a penalty of Rs 1 crore on ICRA and CARE Ratings each in the IL&FS debt rating case.
7. Tata Power has signed a power purchase agreement with Apollo Gleneagles Hospitals, Kolkata to commission a solar carport in the city.
8. MCX exchange has announced the formal launch of its base metal futures indices called MCX iComdex Base Metals Index Futures from October 19.