4th June Morning Market Updates:

4th June Morning Market Updates:
Stocks that are in news today:
HUL board meet on June 11 to mull buyback
BWA Auction, Day 9:
All-India bid closes at Rs 8,980 crore
Govt revenue rises to Rs 26,940 crore
Ambani Bros
Ambani Brothers complete family real estate settlement
Have sorted out family real estate assets'
Settlement of realty assets was part of 2005 family MoU
2005 family real estate pact not fully implemented
Other stocks and sectors that are in news today:
No cartel, no stranglehold, says government on pharma MNC's local acquisitions
GCPL plans QIP to raise Rs 600 crore (BS)
JSW Steel to raise loan limit by Rs 10,000 crore (BS)
Rabobank to sell their 15.9% stake in Yes Bank (Mint)
Glenmark Pharma has deferred the planned IPO of its wholly generic arm Glenmark Generics Ltd (Mint)
Shree Renuka plans IPO for infrastructure projects unit (Mint)
Govt gives ONGC, OIL freedom to price gas (Mint)
JM Financial & Rand Mercant Bank ink an MoU to jointly provide M&A advisory services to corporates
F&O cues:
Futures Open Int up Rs 1147 crore
Options Open Int up Rs 3789 crore
Nifty Futures shed 2.7 lakh shares in Open Int
Nifty Futures at 14-point discount
Nifty Open Int PCR at 1.35 versus 1.30
Nifty Puts add 51 lakh shares in Open Int
Nifty Calls add 17 lakh shares in Open Int
Nifty 5000 Put adds 18 lakh shares in Open Int
Nifty 5100 Put adds 18 lakh shares in Open Int
Nifty 5200 Call adds 5.7 lakh shares in Open Int
Nifty 5300 Call adds 5.3 lakh shares in Open Int
Stock Futures add 1 cr shares in Open Int
FIIs in F&O on June 3
Net buy Rs 1782 crore in Nifty Futures
Net buy Rs 474 crore in Stock Futures
Market cues:
FIIs were net sellers of USD 27 million in equities on June 2
NSE F&O Open Int was up Rs 4937 crore at Rs 1.17 lakh crore
As per provisional data of June 3, FIIs were net buyers of Rs 406 crore; DIIs were net buyers of Rs 79 crore in cash markets. FIIs were net buyers of Rs 2,150 crore in F&O.
Us Markets:
US markets ended Thursday's session flat, but with a positive bias. Stocks eked out a gain after some late-session turbulence. Gains were led by technology stocks.

Energy rebounded from the bottom of the pack, while financials ended lower. Microsoft and Cisco were the Dow's best performers, while the biggest draggers were home depot, Dupont and JP Morgan.
In fact, JP Morgan ended lower following news that it had been fined around 49 million dollars by UK's financial services authority, for not protecting client money over a period of seven years. Other financials such as Bank of America, Morgan Stanley and Goldman Sachs also fell. And BP shares retreated after both Fitch and Moody's slashed their credit ratings on the company.
Dow Jones Industrial Average was up 0.06% or 5.74 points at 10255.28. Standard & Poor's 500 was up 0.41% or 4.45 points at 1102.83. Nasdaq Composite was up 0.96% or 21.96 points at 2303.03.
In economic data, the ISM reported its non-manufacturing index held steady at 55.4 in May. Meanwhile, factory orders rose 1.2% in April after a 1.7-percent gain in March.
Initial jobless claims dropped to 455,000 last week, though the number of people still receiving benefits rose unexpectedly.
And the private sector added 55,000 jobs in May, less than expected, according to a report from ADP. A separate report showed non-farm productivity slowed to a 2.8% annual rate in the first quarter, down from the initial estimate of 3.6% and the slowest pace in a year.
The dollar traded near a four-year high versus the euro before a report forecast to show that US payrolls grew the most in may since 1983, indicating the recovery is gaining traction.
Crude prices hit a three-week high after the US government data showed crude and gasoline stocks had fallen by far more than expected last week. Crude stockpiles fell about 1.9 million barrels and gasoline inventories saw a drop of 2.6 million barrels. Currently Nymex crude is trading around the USD 74 mark.
After a volatile session, base metals have managed to make small gains in Asian trade. Gold fell for a second day, hit by selling among investors looking for a possible surge in Friday's US payrolls data, curbing the need for safe-haven assets like gold.
Discalimer:This document has been prepared by the Research Division of Integrity Financial Consultants Pvt. Ltd.,Pune, India and is meant for use by the recipient only as an informative. This document is not to be reported or copied or made available to others without prior permission of iNTEGRITY. It should not be considered or taken as an offer to Buy or Sell or a solicitation to Buy or Sell any security. The information contained in this report other than recommendations has been obtained from sources that are considered to be reliable. However, iNTEGRITY has not independently verified the accuracy or completeness of the same. Neither iNTEGRITY nor any of its affiliates, business associates, its directors or its employees accept any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Recipients of this report should be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well as the market related investments are subject to market risk and volatility. The suitability or otherwise of any investments will depend upon the recipient's particular circumstances and, in case of doubt, advice should be sought from an independent expert/advisor. Either iNTEGRITY and / or its affiliates and / or its business associates and / or its directors and / or its employees and / or its representatives and / or its clients and / or their relatives may have position(s), make market, act as principal or engage in transactions of securities of companies referred to in this report and they may have used the research material prior and / or after to publication.The information shared in this blog may be and or may not be 100% perfect as it is being shared from many sources. It is recommended for the recipients to take their decisions according to re-verification of the shared information. No arguments and / or claims and / or objections will be entertained.
Contact Details :
Email : info@integrity.org.in
Call : +91 99750 60000
For Abroad Investors : +91 9371031008