NSE/BSE expiry days change, Reliance sells Asian Paints shares again, & more
Tuesday, 17 June 2025
Markets opened below yesterday’s closing point.
All sectors’ stocks fell today except for the IT stocks. Pharma stocks and healthcare stocks fell the most.
Global markets: US markets rose, and European markets fell. Asian markets closed in red.
News
SEBI has approved new expiry days for weekly equity derivative contracts. Starting from 1 September 2025, NSE will shift its expiry day to Tuesdays and BSE to Thursdays.
Jio Blackrock Mutual Fund launched ‘Aladdin,’ an investment analytics and risk management platform in India.
RBI has released draft rules to update the Rupee Interest Rate Derivatives (IRD) framework. It aims to make trading easier, allow non-residents to participate, improve transparency, and let NBFCs and primary dealers act as market makers.
Oswal Pumps IPO has been subscribed 34.42 times. Retail Subscription: 3.60 times. IPO closed today.
Stocks Updates
Reliance: sold Asian Paints shares worth Rs 1,875 crore to ICICI Prudential Mutual Fund.
CG Power: won its largest-ever single order worth Rs 641 crore from Power Grid Corp to supply 765/400kV transformers over 18-36 months.
Hindustan Zinc: will invest Rs 12,000 crore to develop a smelter at Debari which will increase its zinc capacity by 250 KTPA within 36 months.
Polycab: signed a Rs 6,447.54 crore contract with BSNL to build and maintain BharatNet's network in Karnataka, Goa, and Puducherry.
Jindal Steel: board approved changing the company’s name from ‘Jindal Steel & Power Ltd’ to ‘Jindal Steel Ltd’.
Godrej Properties: acquired a 16-acre land in Upper Kharadi, Pune, for a project with a Rs 3,100 crore revenue potential.
Word of the Day
Defensive Stocks
The stocks that provide relatively stable returns regardless of the market condition
These stocks belong to industries that are in demand, no matter the condition of the economy.
Example: Healthcare, consumer staples, etc.
Defensive stocks fall relatively lesser compared to other stocks when the market crashes.
But they also don’t jump much when the market rises.
6 Day Course
Theme: stock screeners
Day 2: Tuesday
Investors use screeners for some common criteria like PE ratio, EPS, PB ratio, dividend yield, revenue growth, etc.
Besides these common parameters, there are many other parameters that can also be used in screeners.
Many investors start off using screeners to look for ideas.
Based on the results, they might get an idea of what they will do for further research before investing their money in it.
Example: an investor might look for companies that are large in size (market cap above Rs 60,000 crore) and have a PE ratio of less than 20.
The idea is that the investor is looking to see the kind of companies that come up that are large and likely to be stable — but are undervalued.
Based on the list of stocks, the investor might then do further research to find out why those stocks have a low PE.
The investor might find some low PE companies that are poor businesses or are facing other kinds of pressure.
This is a classic example of starting with a screener and ending with subjective research.
The stocks that are left after this might be the ones the investor invests money in.
Featured Question
Q. “Why would someone buy Treasury Bills when they give lower returns than FDs and FDs are also considered to be extremely safe investments?”
Risk.
US treasury bills are considered lower in risk than FDs.
Yes, FDs in India are considered very low risk (people call them zero risk, though that is not accurate).
US treasury bills are considered even lower risk than Indian FDs.
This is mostly because the US banking system is deemed more stable and less likely to fall than the Indian banking system — though both of them are considered very stable.
Investors buying US treasury bills are often large institutional investors who invest billions of dollars.
Many of them are concerned more about preserving their money than growing it.
Thus, risk (even a small amount of risk) is given more importance than returns.
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