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The company has reported 4.78% rise in its net profit at Rs 2014.10 crore for the quarter under review as compared to Rs 1922.20 crore for the same quarter in the previous year. However, total income of the company increased by 5.44% at Rs 12818.90 crore for Q1FY20 as compared Rs 12157.20 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 14.73% in its net profit at Rs 2402.30 crore for the quarter under review as compared to Rs 2093.80 crore for the same quarter in the previous year. Total income of the company increased by 4.99% at Rs 15566.60 crore for Q1FY20 as compared Rs 14827.40 crore for the corresponding quarter previous year.

The Bank has reported 90.97% fall in its net profit at Rs 113.76 crore for the quarter under review as compared to Rs 1,260.36 crore for the same quarter in the previous year. However, total income of the Bank increased by 9.87% at Rs 9,088.80 crore for Q1FY20 as compared Rs 8,272.18 crore for the corresponding quarter previous year.  
On the consolidated basis, the Bank has reported 92.45% fall in its net profit at Rs 95.56 crore for the quarter under review as compared to Rs 1265.67 crore for the same quarter in the previous year. However, total income of the Bank increased by 9.69% at Rs 9105.79 crore for Q1FY20 as compared Rs 8301.06 crore for the corresponding quarter previous year.   

Universal Autofoundry has made expansion by setting up a new manufacturing unit namely Unit-II at Sikar, in the state of Rajasthan with an investment of around Rs 40 crore. The installed capacity is 1800 MT per month which is double as compared to the existing capacity of the company. The company has inaugurated the Unit on July 12, 2019.

India Steel Works has reported a fire accident in the plant of the Company situated at Zenith Compound, Khopoli, Raigad on July 11, 2019. Fortunately, there has been no loss. The fire was controlled within the time causing the least effect on plant & machinery. However, the Company is in the process of ascertaining the actual loss caused by the fire and have already informed to the Insurance Company of the same. The Company is taking adequate steps to ensure refunctioning of the plant at the earliest.
India Steel Works is well on its way to become a leading global player in stainless steel long products. It deals in hot rolled products, bright bar products, wires, and grades of steel 

The company has reported a marginal rise of 1.88% in its net profit at Rs 3,569 crore for the quarter under review as compared to Rs 3,503 crore for the same quarter in the previous year. Total income of the company increased by 11.66% at Rs 19,844 crore for Q1FY20 as compared Rs 17,772 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 5.26% in its net profit at Rs 3,802 crore for the quarter under review as compared to Rs 3,612 crore for the same quarter in the previous year. Total income of the company increased by 13.52% at Rs 22,539 crore for Q1FY20 as compared Rs 19,854 crore for the corresponding quarter previous year.

TVS Motor Company has launched 100cc economy motorcycle TVS Sport in Sri Lanka. The mileage-efficient motorcycle boasts of new generation graphics and style. The motorcycle is a blend of style and comfort thus making it a complete package for the customers in key international market, Sri Lanka.
TVS Motor Company is a leading two and three-wheeler manufacturer, and is the flagship company of the TVS Group.

Talwalkars Better Value Fitness (TBVFL) along with its partner UK based David Lloyd Leisure (DLL) is all set to venture into the premium leisure club space. Spread across around 1.2 acres in Wakad, Pune, the club promises to meet international standards. The Club team also made a unique invitation to the members of the inner circle in August 2018. Overall the Club pre-sales were seen garnering fantastic response with over 200 members enrolling.
Talwalkars Better Value Fitness is one of the largest fitness chains in India offering a diverse suite of services including gyms, spas, aerobics and health counseling under the brand ‘Talwalkars’.

The company has reported a rise of 22.11% in its net profit at Rs 8,714 crore for the quarter under review as compared to Rs 7,136 crore for the same quarter in the previous year. Total income of the company increased by 9.81% at Rs 34,862 crore for Q1FY20 as compared Rs 31,749 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a rise of 10.78% in its net profit at Rs 8,131 crore for the quarter under review as compared to Rs 7,340 crore for the same quarter in the previous year. Total income of the company increased by 12.29% at Rs 39,847 crore for Q1FY20 as compared Rs 35,486 crore for the corresponding quarter previous year.

Gaining for the second day, Indian rupee ended stronger against the US dollar on Wednesday, on continued selling of the US currency by banks and exporters. Traders took some solace with rating agency Crisil’s report that recovery of stressed assets through the Insolvency and Bankruptcy Code (IBC) was two-times at Rs 70,000 crore compared to that through other mechanisms in 2018-19 but resolution timelines for bad loans still remains an issue. However, late hour sell-off in domestic equity market along with dollar’s strength against major global currencies capped the gains. On the global front, euro held at a one-week low on Wednesday, ignoring data from Germany that showed the economy returned to growth in the first quarter, as trade tensions between the world’s two biggest economies cast a shadow over risk appetite.
Finally, the rupee ended at 70.34, 10 paise stronger from its previous close of 70.44 on Tuesday. The currency touched a high and low of 70.39 and 70.17 respectively. The reference rate for the dollar stood at 70.42 and for Euro stood at 79.15 on May 15, 2019. While the reference rate for the Yen stood at 64.25, the reference rate for the Great Britain Pound (GBP) stood at 91.21. 

Manappuram Finance has reported results for the fourth quarter and year ended March 31, 2019.  
The company has reported a rise of 27.98% in its net profit at Rs 213.57 crore for the quarter ended March 31, 2019 as compared to Rs 166.88 crore for the same quarter in the previous year. Total income of the company increased by 18.48% at Rs 892.57 crore for quarter under review as compared to Rs 753.36 crore for the quarter ended March 31, 2018.
On consolidated basis, the company has reported rise of 43.04% in its net profit at Rs 258.34 crore for the quarter ended March 31, 2019 as compared to Rs 180.61 crore for the corresponding quarter in the FY18. Total consolidated income of the company rose 22.43% at Rs 1,103.32 crore for quarter under review as compared to Rs 901.21 crore for the same quarter ended previous year. 
For the year ended March 31, 2019, the company has posted a rise of 14.63% in its net profit at Rs 790.45crore as compared to Rs 689.59 crore for the previous year. Total income of company increased 16.05% at Rs 3,427.18 crore for year under review as compared to Rs 2,953.30 crore for year ended March 31, 2018.
For the year ended March 31, 2019, on the consolidated basis, the company has posted rise of 37.40% in its net profit at Rs 929.48 crore as compared to Rs 676.48 crore for the previous year. Total income of company increased by 20.11% at Rs 4,178.83 crore for year under review as compared to Rs 3,479.19crore for year ended March 31, 2018.

'Knock the door is the BJP campaign in Varanasi in Uttar Pradesh. The Bharatiya Janata Party (BJP) workers have been directed to knock on every door and seek votes for PM Narendra Modi and urge people to cast their votes on the polling day. This campaign has been initiated to ensure a high percentage of polling in the Prime Minister's constituency on May 19. Over 10,000 BJP leaders and workers from Gujarat, Madhya Pradesh and Delhi have arrived in Varanasi to help in the campaign. A local BJP leader has said that 'Our workers will visit every home in Varanasi with voters' slip and convince people to cast their votes. People usually become complacent when they know that their candidate - PM Narendra Modi in this case - is winning but we are working for a much bigger margin of victory for the Prime Minister'.
The campaign has been started at the behest of BJP President Amit Shah who will be monitoring its progress every day till the campaign ends. Every party worker has been entrusted the responsibility of visiting ten homes. The workers will be required to furnish details of the homes they visit at the party office.
The campaign has been launched even as Congress leaders are making hectic preparations for the scheduled roadshow of Congress General Secretary Priyanka Gandhi on May 15. The BJP workers will follow a similar campaign in the neighboring Chandauli constituency where state BJP President Mahendra Nath Pandey is contesting. He is facing a tough challenge from the SP-BSP alliance candidate Sanjay Chauhan.

Allahabad Bank has reviewed the existing Marginal Cost of Funds Based Lending Rates (MCLRs) and decided for a downward revision of MCLR by 5 basis points (bps) for all the tenors. With this, one year MCLR of the Bank now stands at 8.60% per annum (p.a.),
The Bank has also decreased the overnight, 1 month, 3 month and 6 month MCLR to 8.10% p.a., 8.20% p.a., 8.40% p.a. and 8.45% p.a. respectively. The aforesaid revised rates will be effective from May 14, 2019.
Allahabad Bank is a nationalised bank with its headquarters in Kolkata. It is the oldest joint stock bank in India.

Interbank call rates, the rates at which banks borrow short-term funds from each other, were trading higher at 5.95% from its previous close of 5.92% on Monday as demand remained on the higher side in the first week reporting cycle.
The overnight borrowing rates touched a high and low of 6.05% and 4.50% respectively.
According to the Clearing Corporation of India (CCIL), the weighted average rate (WAR) in the call money market was at 5.90% on Tuesday and total volume stood at Rs 50375.57 crore, so far.
As per CCIL data, WAR in the TREP (Triparty Repo) market was 5.84% on Tuesday total volume stood at Rs 141195.65 crore, so far.
The indicative call rates which closed at 5.92% on Monday, were contributions made from Andhra Bank, AXIS Bank, Bank of America, Bank of Baroda, Bank of India, Canara Bank, J P Morgan Chase, Citibank N.A., Corporation Bank, Credit Agricole Bank, Indusind Bank, ICICI Bank, ICICI Securities, IDBI Bank, Jammu and Kashmir Bank, Punjab National Bank, RBS, Societe Generale, Standard Chartered, so far.

The Board of Cyient at its meeting held on 17 January 2019 has decided that further deliberations are required in order to take a decision on the proposal of buyback, and accordingly decided to take up the discussion regarding the buyback at a later date. The Company shall comply with SEBI LODR Regulations and other applicable laws in this regard.

Wipro Gallagher Solutions, a Wipro company announced the launch of its NetOxygen Saas loan origination solution for mortgage lenders.
NetOxygen Saas brings the power of NetOxygen, an enterprise class loan origination system that helps lenders reduce origination costs and boost production efficiency through automation. NetOxygen connects to a front end portal and fintech offerings thus providing seamless interactions to improve borrower experience. NetOxygen Saas enables quicker deployment and scalability to match business growth with an all-inclusive, per transaction pricing, which is based on business outcomes.
NetOxygen Saas provides comprehensive product coverage across mortgage, home equity, HELOC (home equity line of credit) and unsecured credit lines origination. The platform integrates an extensive vendor ecosystem which provides multiple options for standard services like credit, appraisals, fraud checks, etc. NetOxygen Saas supports retail, correspondent and wholesale markets, and also enables niche offerings like construction lending for one close, multiple close, homestyle renovation and FHA construction.

Phoenix Mills has allotted 10,000 equity shares of Rs. 2/- each fully paid-up at an exercise price of Rs. 333.90/- per share to the grantees upon exercise of stock options pursuant to The Phoenix Mills Employees Stock Option Plan 2007.
Consequent upon allotment of the above shares, the equity share capital of the Company stand increased from present level of 15,31,70,351 (Nos.) to 15,31,80,351 (Nos.) equity shares of Rs. 2/- each.

SBI Mutual Fund has filed offer document with SEBI to launch a close ended capital protection oriented scheme named ‘SBI Capital Protection Oriented Fund - Series A (Plan 5 & 6)’. The New Fund Offer price is Rs 10 per unit. Entry load and Exit load will be nil. The scheme offers only growth option and seeks to collect a Minimum Target Amount of Rs 20 crore.
The performance of the scheme for Plans will be benchmarked by CRISIL Hybrid 85+15- Conservative Index. The minimum application amount for initial purchase is Rs 5,000 and in multiples of Re 1 thereafter.
The investment objective of the scheme is to endeavors to protect the capital by investing in high quality fixed income securities that are maturing on or before the maturity of the Scheme as the primary objective and generate capital appreciation by investing in equity and equity related instruments as a secondary objective. 

Franklin India Mutual Fund has filed offer document with SEBI to launch a close ended debt scheme named ‘Franklin India Fixed Maturity Plans - Series 7-Plan A to F’. The New Fund Offer price is Rs 10 per unit. Entry load and Exit load will be nil. The scheme offers only growth option and seeks to collect a Minimum Target Amount of Rs 20 crore.
The performance of the scheme for plans with maturity period of 85 days up to 91 days will be benchmarked by CRISIL Liquid Fund Index, for plans with maturity period of above 91 days up to 3 years will be benchmarked by CRISIL Short Term Bond Fund Index, for plans with maturity period of above 3 years up to 7 years will be benchmarked by CRISIL Composite Bond Fund Index, and for plans with maturity period of above 7 years will be benchmarked by I- sec Libex Index. The minimum application amount for initial purchase is Rs 5,000 and in multiples of Re 1 thereafter.
The investment objective of the scheme is to seek to generate income by investing in a portfolio of fixed income securities/ debt instruments maturing on or before the maturity of the Scheme.

ICICI Prudential Mutual Fund (MF) has launched the ICICI Prudential Bank ETF, an open ended exchange traded fund tracking nifty bank index scheme. The NFO opens for subscription on July 03, 2019 and closes on July 08, 2019. No Entry load and Exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1.
The scheme’s performance will be benchmarked against Nifty Bank Index and its fund manager is Kayzad Eghlim.
The investment objective of the scheme is to provide returns before expenses that closely correspond to the total return of the underlying index subject to tracking errors.

SBI Mutual Fund (MF) has launched the SBI Fixed Maturity Plan (FMP)-Series 11 (1178 Days), a close ended debt scheme. The NFO opens for subscription on July 03, 2019 and closes on July 08, 2019. No Entry load and Exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter.
The scheme’s performance will be benchmarked against CRISIL Medium Term Debt index and its fund manager is Ranjana Gupta.
The investment objective of the scheme is to provide regular income and capital growth with limited interest rate risk to the investors through investments in a portfolio comprising of debt instruments such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing on or before the maturity of the scheme.

SBI Mutual Fund (MF) has launched the SBI Fixed Maturity Plan (FMP)-Series 8 (1178 Days), a close ended debt scheme. The NFO opens for subscription on May 28, 2019 and closes on June 03, 2019. No Entry load and Exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.
The scheme’s performance will be benchmarked against CRISIL Medium Term Debt index and its fund manager is Ranjana Gupta.
The investment objective of the scheme is to provide regular income and capital growth with limited interest rate risk to the investors through investments in a portfolio comprising of debt instruments such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing on or before the maturity of the scheme.

BNP Paribas Mutual Fund has filed offer document with SEBI to launch an open fund named ‘BNP Paribas Global Disruptive Technology Fund’. The New Fund Offer price is Rs 10 per unit. Entry load will be nil and Exit load if units of the Scheme are redeemed or switched out within 12 months from the date of allotment will be 1% of the applicable NAV; if units of Scheme are redeemed or switched out after 12 months from the date of allotment will be Nil. The scheme offers dividend and growth options and seeks to collect a Minimum Target Amount of Rs 10 crore.
The performance of the scheme will be benchmarked by MSCI World Index (Total Return Index). The minimum application amount for initial purchase is Rs 5,000 and in multiples of Re 1 thereafter.
The investment objective of the scheme is to seek capital appreciation by investing predominantly in units of Parvest Disruptive Technology Fund. 

HSBC Mutual Fund (MF) has launched the HSBC Overnight Fund, an open ended debt scheme. The NFO opens for subscription on May 21, 2019 and closes on May 22, 2019. No Entry load and Exit load will be applicable for the scheme. The minimum subscription amount is Rs 5000 per application and in multiples of Re 1 thereafter.
The scheme’s performance will be benchmarked against CRISIL Overnight Index and its fund manager is Kapil Punjabi.
The investment objective of the scheme is to offer reasonable returns commensurate with low risk and high degree of liquidity through investments in overnight securities.

Invesco Mutual Fund (MF) has launched the Invesco India Fixed Maturity Plan-Series 34-Plan C, a close ended debt scheme. The NFO opens for subscription on May 21, 2019 and closes on May 27, 2019. No Entry load and Exit load will be applicable for the scheme. The minimum subscription amount is Rs 1000 per application and in multiples of Re 1 thereafter.
The scheme’s performance will be benchmarked against CRISIL Composite Bond Fund Index and its fund manager is Nitish Sikand.
The investment objective of the scheme is to generate income by investing in a portfolio of debt and money market instruments maturing on or before the date of maturity of the Scheme.

Eurozone quarterly economic growth rate doubled in the first three months of the year, preliminary flash data from the statistical office Eurostat showed on Tuesday. Gross domestic product increased 0.4% from the fourth quarter of 2018 when the economy expanded 0.2%. The pace of growth was the strong

The US Dollar index eased in last couple of sessions as a slide from 22 month high extended. The index fell to a one week low of 97.60 today but could cut the losses given the feeble undertone in economic data in other major economies. Eurozone economic sentiment weakened for a tenth straight month.

Large base metals speculators decreased their bullish net positions in the Copper futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday. The non-commercial futures contracts of Copper futures, traded.

COMEX Gold futures saw mixed movement in thin trades today as the markets focused on the FOMC meeting. The FOMC is expected to confirm market expectations that the Federal Reserve (Fed) will remain on hold for the rest of the year, according to a latest update from the World Gold Council (WGC). This will likely influence gold’s performance. The WGC noted that historical analysis showed that when the Fed has shifted from a tightening to a neutral stance, gold prices have increased, even if this effect has not always been immediate. The combination of rangebound US interest rates, a slowdown in the appreciation of the US dollar and continued market risks will continue to make gold attractive to investors.
The WGC believes that the 20 March FOMC meeting, which will include the Fed’s projections report, will provide more clarity about their monetary policy expectations which, in turn, will offer further guidance about gold’s performance this year. Current bond prices reflected by the market, which tend to accurately include interim cues from the Fed, are signaling that the Fed will most likely be on hold during 2019 – and has a chance of a cut (15%) for the first time in several years.
The US dollar is under pressure ahead of the FOMC meet. The dollar index tested three week low near 95.70 yesterday and currently quotes flat at 95.86. COMEX Gold currently trades flat at $1306 per ounce. MCX Gold futures are trading at Rs 31816 per 10 grams, down 0.45% on the day as the slide under Rs 32K stayed in place. The counter tested a low of Rs 31725 per 10 grams before witnessing a recovery.

COMEX Copper futures rose further today, hitting a fresh eight month high as strong equities clubbed with positive cues from Chinese economy boosted the sentiments. The red metal has been in a good mood recently and extended upside as global stocks edged up on positive Chinese factory gauges and signs of progress in China-US trade talks. The red metal currently trades at $2.95 per ounce, up 0.61% on the day. MCX Copper futures are trading at Rs 453.40 per kg, up 0.52% on the day. Meanwhile, China's factory activity rose after a 4-month lull with the official Purchasing Managers Index (PMI) coming in at 50.5 in March from 49.2 in February. Another survey, the Caixin/Markit Manufacturing PMI came in at 50.8, the strongest expansion in eight months.

Strong demand was seen in chana due to miller’s buying in local mandies. The market sources stated that the daily arrivals were reported in the range of 10 motors. The sources are expecting chana production in the range of 9-9.20 million tonnes in 2019 against government’s estimates of 10.50 million tonnes. The chana prices in Lawrence Road have been reported at Rs 4355-4360 per quintal.

Eurozone's economic sentiment fell to 105.5 in March from 106.2 in February, for the ninth month in row, survey data from the European Commission showed on Thursday. The weakening was led by industry and services. The industrial confidence index dropped to -1.7 from -0.4, and the services measure fell to 11.3 from 12.1. The consumer confidence index improved to -7.2 from -7.4, in line with its flash estimate. Sentiment modestly improved in the retail and construction sectors, while the morale surged in the financial services industry. Separately, the European Commission reported that the business climate indicator for the euro area decreased 0.16 points to 0.69 in March.

Sluggish offtake has reduced prices of soya oil market. The spot prices were trading down at Rs 776 per kg, down 0.25 percent. The prices were also supported by heavy imports of palm oil at local trading stations. As per the latest release by Solvent Extractors' Association of India (SEA OF India), the import data of Vegetable Oils (edible & non-edible) for the month of February 2019 is reported at 1,242,533 tons compared to 1,157,044 tons in February 2018, consisting 1,182,062 tons of edible oils and 60,471 tons of non-edible oils i.e. up by 7.4%. The overall import of vegetable oils during November 2018 to February 2019 is reported at 4,862,849 tons compared to 4,785,778 tons i.e. up by 1.61%, thanks to higher import duty.

Nifty50  witnessed considerable losses on the last day of the week, sliding below its crucial 11,450 levels during the day, on the back of sustained selling activities by traders and disappointed quarterly earnings. It was a negative start to the market, as Finance Minister Nirmala Sitharaman dashed hope of a tweak in FPI surcharge. Some concerns also crept in with the International Monetary Fund (IMF) report that India's current account (CA) balance deficit grew to $68 billion in 2018-19 from $49 billion the previous year, and it said the deficit was justified by development needs. Besides, India's overall international reserves, stood at $411.9 billion at the end of March this year, down from March last year by $12.5 billion.
Market further extended losses in the afternoon deals, as sticking to his analysis that India's economic growth has been overestimated, Arvind Subramanian said he had raised doubts about the GDP numbers in 2015 when he was the chief economic adviser of the Modi government as he found inconsistency between projected growth and other macro indicators. Traders failed to draw any sense of relief from NITI Aayog Vice Chairman Rajiv Kumar’s statement that the focus of the second term of the Narendra Modi government is accelerated economic growth led by the private sector and private enterprise. He asserted that India will be at the cusp of a major transformation over the next five years.
All sectoral indices ended in red on NSE. The top gainers from the F&O segment were Just Dial, NTPC and Bharat Electronics. On the other hand, the top losers were RBL Bank, Reliance Infrastructure and Biocon. In the index option segment, maximum OI continues to be seen in the 11,400-11,800 calls and 11,100-11,500 puts indicating this is the trading range expectation.India Volatility Index (VIX), a gauge for market’s short term expectation of volatility increased by 6.51 and reached 12.51.The 50 share Nifty was down by 177.65 points or 1.53% to settle at 11,419.25.
Nifty July 2019 futures closed at 11421.85 on Friday, at a premium of 2.60 points over spot closing of 11419.25, while Nifty August 2019 futures ended at 11461.45, at a premium of 42.20 points over spot closing. Nifty July futures saw a contraction of 0.49 million (mn) units, taking the total outstanding open interest (OI) to 15.10 mn units. The near month derivatives contract will expire on July 25, 2019. 
From the most active contracts, RBL Bank July 2019 futures traded at a premium of 1.55 points at 501.55 compared with spot closing of 500.00. The numbers of contracts traded were 46,553. 
Yes Bank July 2019 futures traded at a premium of 0.60 points at 83.35 compared with spot closing of 82.75. The numbers of contracts traded were 41,178. 
Reliance Industries July 2019 futures traded at a discount of 1.75 points at 1251.25 compared with spot closing of 1253.00. The numbers of contracts traded were 37,379. 
Bajaj Finance July 2019 futures traded at a premium of 0.45 points at 3322.45 compared with spot closing of 3322.00. The numbers of contracts traded were 27,232. 
Dabur India July 2019 futures traded at a discount of 5.25 points at 419.70 compared with spot closing of 424.95. The numbers of contracts traded were 26,433.  
Among, Nifty calls, 11,600 SP from the July month expiry was the most active call with an addition of 1.75 million open interests. Among Nifty puts, 11,500 from the July month expiry was the most active put with a contraction of 0.64 million open interests. The maximum OI outstanding for Calls was at 11600 SP (3.52 mn) and that for Puts was at 11,300 SP (3.04 mn). The respective Support and Resistance levels of Nifty are: Resistance 11,573.30 -- Pivot Point  11,486.30 -- Support -- 11,332.25.
The Nifty Put Call Ratio (PCR) finally stood at 0.74 for July month contract. The top five scrips with highest PCR on Page Industries (2.71), Bosch (2.10), Infosys (1.69), Mahanagar Gas (1.05) and HDFC (1.02).
Among most active underlying, Reliance Industries witnessed a contraction of 1.83 million units of Open Interest in the July month futures contract, followed by RBL Bank witnessed an addition of 1.00 million units of Open Interest in the July month contract, State Bank of India witnessed a contraction of 3.00 million units of Open Interest in the July month contract, Bajaj Finance witnessed a contraction of 0.17 million units of Open Interest in the July month contract and IndusInd Bank witnessed a contraction of 1.91 million units of Open Interest in the July month future contract.

       COPPER: -850 MT

       ZINC: -1850 MT

       LEAD: -1025 MT

       NICKLE: -1194 MT

       ALUMINIUM: -13575 MT

LME Cancelled Warrants

       COPPER: -[0.05]

       ZINC: -[0.18]

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       NICKLE: -[0.08]