Metal shares in spotlight after weak Chinese data

Metal stocks may edge lower on concerns about the health of the Chinese economy after a survey showed further slowdown in China's manufacturing sector. China is the world's largest consumer of copper and aluminum.

Bharti Airtel on Wednesday, 19 June 2013, slashed its 2G internet data usage charges by 90% for pre-paid subscribers in Punjab and Haryana, a day after Vodafone lowered data charges by 80% for its pre-paid and post-paid customers in three circles.

Shares of Sintex Industries will be watched as the National Stock Exchange (NSE) said it will exclude Sintex Industries from the futures and options (F&O) sefment. NSE said F&O contracts for new expiry months in Sintex Industries will not be issued on expiry of existing contract months. However, the existing unexpired contracts of expiry months June 2013, July 2013 and August 2013 will continue to be available for trading till their respective expiry and new strikes would also be introduced in the existing contract months. Accordingly, no contracts shall be available for trading in the above mentioned security with effect from 30 August 2013.

Bank of India turns ex-dividend today, 20 June 2013, for dividend of Rs 10 per share for the year ended 31 March 2013.

Bharti Infratel turns ex-dividend today, 20 June 2013, for final dividend of Rs 3 per share for the year ended 31 March 2013.

Central Bank of India turns ex-dividend today, 20 June 2013, for final dividend of Rs 2.50 per share for the year ended 31 March 2013.

Dena Bank turns ex-dividend today, 20 June 2013, for dividend of Rs 4.70 per share for the year ended 31 March 2013.

Havells India turns ex-dividend today, 20 June 2013, for dividend of Rs 7.50 per share for the year ended 31 March 2013.

Indian Overseas Bank turns ex-dividend today, 20 June 2013, for dividend of Rs 2 per share for the year ended 31 March 2013.

Petronet LNG turns ex-dividend today, 20 June 2013, for dividend of Rs 2.50 per share for the year ended 31 March 2013.

Union Bank of India turns ex-dividend today, 20 June 2013, for dividend of Rs 8 per share for the year ended 31 March 2013.

NIIT Technologies turns ex-dividend today, 20 June 2013, for dividend of Rs 8.50 per share for the year ended 31 March 2013.

Tourism Finance Corporation of India said it is applying for a banking licence from the Reserve Bank of India (RBI).

The board of Venus Remedies has approved allotment of nine lakh equity shares of Rs 10 each to promoter group company upon conversion of warrants.

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