Mindtree will buy back up to 43.2 lakh shares, comprising 2.5 percent of the total paid up shares.

7th Pay Commission: Cabinet approves hike in allowances for central govt staff from July 1 benefit for affordable housing housing finance com, consumer durable, Consumer discretionary companies such as Bata India, Asian Paints, Voltas, Blue Star and Kajaria Ceramics are likely to see good growth. Also other sectors like FMCG and realty are expected to benefit from it.

Godrej Industries to raise Rs 400 crore through Godrej Agrovet IPO.

Government of India is undertaking several initiatives to support the textiles sector, which is a source of employment for several Indians. Stock to be watch: #Lux #Gokuldasexports #Kitex #Rupa

Coal India Ltd. will benefit from NITI Aayog’s proposal to split the company and move towards market pricing of coal,

LT Foods Sets Up Rice Processing Plant At Rotterdam, Netherlands With Initial Invs Of $15 m; Capacity At Is 60,000 Tonne dawaat rice

Bombay Dyeing Profit Up 89% At Rs 211 Cr, One-time Gain Of Rs 321.2 Cr &
Revenue Down 30.9% At Rs 460 Cr (YoY)

FORTIS HEALTHCARE: Shareholders have approved raising the investment cap for
foreign institutional investors in the company to 74% of the paid-up equity
share capital from 24%.
RASHTRIYA CHEMICALS & FERTILIZERS: The government will sell 5% stake in the
company through an offer for sale to raise about 200 crore rupees.

Sector to watch:
Positive: Textile, Consumer Durable, Affordable Housing, Housing Finance
Negative: Oil & Coal

Stocks to watch:
Positive: #Fortis #Shivacem #Vedl #Daawat
Negative: #RCF