Market cues: Stocks, events to watch out for on August 30, 2021

EVENTS 

F&O CUES 

F&O Ban 

Nil 

FII in F&O 

Index futures net buy `415cr 

Index Options net buy `64cr 

Stock futures net buy `1917cr 

Stock options net sell ‘277cr 

Total FII net buy `2119cr in F&O 

STOCKS IN NEWS 

Bharti Airtel 

Announces rights issue of Upto Rs 21,000 crores at Rs 535 per share 

ToI – After ₹34,000cr in Jio, Google in talks to invest big in Airtel 

Vedanta – Board Meet on Sept 1 For Interim Dividend 

UCO BANK – Sub: Extension of term of office of Sri. Atul Kumar Goel, MD & CEO. by 2 years

Bank of Maharashtra: A.S Rajeev, MD and CEO of the bank has further extended his term by 2 years beyond 1.12.2021 

Symphony Limited 

Retirement of Mr. Bhadresh Mehta, as CFO and KMP wef September 30, 2021 

Mahindra & Mahindra 

Mahindra Defence to Manufacture Integrated ASW Defence Suite for Indian Navy 

Burger King 

Submitted proposal to buy upto 85% in Burger King Indonesia .EV of BK Indonesia stands at USD 183 million 

Clean Science and Technology 

The company announced its foray into Hindered Amine Light Stabilizers (HALS) series 

Kotak Mahindra Bank 

SEBI Order in the matter of Kotak Mahindra Asset Management Company Ltd. Imposes a penalty of Rs 50lk. Kotak Asset restrained from New Fixed Maturity Plans for 6 months.

MAX Healthcare 

Acquisition of 100% equity stake in ET Planners Private Ltd for exclusive rights to aid development and provide medical services to a proposed hospital in South Delhi 

IDBI Bank 

Approves plan for sale of 19.18% of equity share capital of ARCIL 

JK Tyre 

Board approved Re-appointment of Dr. Raghupati Singhania as Chairman & Managing Director for a period of five years wef 1st October 2021 

BEML 

Appointment of Amit Banerjee as Chairman & MD wef 27.08.2021 

Nazara Tech 

Approved strategic investment for acquisition of 10,000 equity shares of Rs 10/sh; ~ 23% stake in OpenPlay Technologies Pvt Ltd at a consideration of Rs 186.41 crores, 

Tech Mahindra 

Board approved proposal for acquisition of 100% stake in AustinGiS 

OTHER NEWS 

ET – India picks 10 banks to manage LIC IPO 

ET – Govt to Seek Proposals from Cos to Set Up Semiconductor Plants 

ET – Hotel Cos Put Covid Blues Behind Them, to Launch More Properties 

Berger Paints eyes Rs 10,000 crore turnover in three years when it turns 100: Reports 

Marico aims for 15% revenue growth, 10% volume growth in medium term: Reports 

Grasim Industries to invest Rs 2,600 crore in capex in FY22: Reports 

FII/DII DATA (Provisional Data) 

FIIs net sold 778.7 cr worth of shares on August 27 (prov) 

DIIs net bought 1646.2 cr worth of shares on August 27