U.S. equity futures and Asian stocks fell Monday as investors shifted to havens including bonds and gold amid geopolitical concerns.
Nasdaq 100 contracts shed 1%, while stocks in Japan, Australia and South Korea retreated. Singapore-traded SGX Nifty, an early indicator of India's Nifty 50 Index’s performance, fell 0.76% to 17,148.50 as of 6:30 a.m.
Here are the stocks to watch in today's trade:
InterGlobe Aviation: Promoter Rakesh Gangwal has resigned from the board of directors of the IndiGo airline operator with immediate effect. Gangwal in a letter to the board said he plans to slowly dilute his holding in the company over the next five years.
Future Retail: The company has paid $14 million as interest for the half year on 5.60% Senior Secured Notes (USD). The company had missed the payment that was due on Jan. 24.
Gulf Oil Lubricants: The company will buy back 14,16,667 shares, representing 2.8% of the total paid up capital, at Rs 600 apiece.
HDFC: Srikanth Nadhamuni resigned from the mortage lender's board as non-executive non-independent director, citing a potential future transaction between HDFC Bank Ltd. and an entity where he might be interested.
Kansai Nerolac Paints: The company has appointed Anuj Jain as the managing director for a term of five years after retirement of Vice Chairman and Managing Director HM Bharuka.
Canara Bank: The bank has subscribed to 1,20,000 shares of Debt Resolution Company for 14.9% stake which will be reduced to 5% by March 31, 2022.
Union Bank: The bank has subscribed to 99,000 shares of Debt Resolution Company for 12.3% stake which will be reduced below 10% in due course.
State Bank of India: India's largest lender has subscribed to 99,000 shares of Debt Resolution Company for 12.3% stake which will be reduced to 5% by March 31, 2022.
Bank of Baroda: The bank has subscribed to 99,000 shares of India Debt Resolution Company for a 12.3% stake which will be diluted to 9.9% by March 31, 2022.
Punjab National Bank: The bank has subscribed to 90,000 shares of Debt Resolution Company for 11.8% stake which will be reduced to 5% in due course.
Bank of Maharashtra: The bank has subscribed to 50,000 shares of Debt Resolution Company for 6.21% stake which will be reduced to 4% by March 31, 2022.
Gujarat Mineral Development: The company has received an amendment to its environment clearance from the Ministry of Environment and Forest to mine up to a depth of 135 meters from its earlier approved depth of 94 meters at the Tadkeshwar, Lignite Mines.
Pledged Shares Details
Aurobindo Pharma: Promoter Group RPR Sons Advisors, Mrs. P. Suneela Rani (jointly holding) revoked a pledge of 7,000 shares on Feb. 15.
Inox Wind: Promoter Inox Wind Energy created a pledge of 18 lakh shares on Feb. 15.
Insider Trades
Chambal Fertilisers & Chemicals:
Promoter Group Ronson Traders bought 12,000 shares on Feb. 15
Promoter Group Yashovardhan Investment & Trading Co. bought 1.11 lakh shares between Feb. 15 and Feb. 16. Promoter SIL Investments bought 25,000 shares on Feb. 17.
Maharashtra Seamless: Promoter Group Sudha Apparels bought 11,926 shares between Feb. 15 and Feb. 16.
Asahi India Glass: Promoter Group Ashok Kanhayalal Monga sold 2,500 shares on Feb. 3.
Aarti Drugs: Promoter & Director Prakash Moreshwar Patil bought 8,600 shares on Feb. 15.
Vaibhav Global: Promoter Group Brett Enterprises bought 2,000 shares on Feb. 17.
Gati: Promoter Group Bunny Investments and Finance sold 5,000 shares on Feb. 15.
Globus Spirits: Promoter Group Rambagh Facility Services LLP bought 19,200 shares on Feb. 16.
Star Cement: Promoter & Director Sajjan Bhajanka bought 39,869 shares on Feb. 17.
Fairchem Organics: Promoter Group FIH Private Investments sold 1,083 shares on Feb. 17.
Bulk Deals
Visaka Industries: Vigilance Security Servie sold 25 lakh shares, equivalent to 1.51% stake, at the price of 635.33 apiece.
India Infrastructure Trust: Tata Investment Corp. purchased 40 lakh (0.6%) units at Rs 98 apiece. Rapid Holdings 2 PTE sold 64 lakh (0.96%) units at Rs 98 apiece.
Trading Tweaks
Price band revised from 10% to 5%: Nitin Spinners
Moved out of short-term ASM framework: Metro Brands
Record date interim dividend: Aurobindo Pharma, Shyam Metalics and Energy, Amrutanjan Health Care
Record date buyback: Gulf Oil Lubricants India
Record date income distribution: Brookfield India Real Estate Trust REIT
Ex-date interim dividend: India Nippon Electricals, Coal India, SJVN, Kirloskar Oil Engines, Hero MotoCorp, Balkrishna Industries, Sundram Fasteners, Oil & Natural Gas Corporation, Tide Water Oil Company (India), Carborundum Universal, Coal India, Cochin Shipyard, IRCON International, Cummins India, Metropolis Healthcare, MTAR Technologies, Somany Home Innovation
Ex-date stock split: JBM Auto