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Events to Watch out for – July 6, 2022

Events to Watch out for – July 6, 2022
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Photo : ET Now Bureau

New Delhi: It is quite pertinent to keep track of the global economic developments and releases, corporate action as well as important meetings which may dictate the direction of the markets, not just in India but globally. Here’s a comprehensive guide to some of the events and cues that should be on your radar to determine the market momentum in tomorrow’s trading session.

Some of the global economic cues that market participants should keep on their radar are listed as follows:

Economic Releases:

*FOMC Meeting Minutes

*US S&P Global Composite PMI

Apart from this, the market calendar for India Inc. also looks action packed with board meets and AGMs as given below:

Corporate Action:

*Adani-Holcim deal: Open offers for the shareholders of Ambuja Cements and ACC will begin from July 6 and close on July 19

* TVS Motor Company will launch a new motorcycle, TVS Ronin, in India on July 6, 2022

*Power Grid board meet to consider raising funds up to Rs 6,000 crores and sanction term loan of Rs 5,000 crores from Commercial Bank to meet Capital Expenditures

*Oswal Greentech board to consider interim dividend for FY23

*City Union Bank to consider raising capital

*Last day to buy Astrazeneca Pharma, Axis Bank, Bank of India, DCM Shriram, Glaxosmithkline Pharmaceuticals, Greenlam Industries, Minda Industries, Navin Fluorine, Oberoi Realty and Indian Card Clothing to be eligible for dividend

*Last day to buy Minda Industries to be eligible for bonus issue

*Zydus Lifescience Buyback to close

AGMs on July 6, 2022:

*Tata Chemicals

Additionally, it is quite useful to keep track of Analyst and Investor Meets:

Investor/Analyst Meet:

*EKI Energy Services to meet a host of investors through roadshow from July 4-7 in Singapore

*KIMS to meet host of investors

*Tata Motors meeting with ICICI Prudential Asset Management

Some of the other key events that market participants should watch out for are listed as follows:

Other Events:

Mini Defence Expo in Kolkata from July 6-9

Drone International Expo to be held from July 6-7 in Delhi