Closing Index

 16 Dec 2020 

BSE CLOSED @ 46666.46 ✅ 403.29 Points 

NSE CLOSED @ 13682.70 ✅ 114.85 Points

BankNifty Closed 30698.40 ✅ 07.35Points 

India VIX Closed 19.2000 ❌ 0.1450 Points.

Stocks in the news

Mahindra & Mahindra: The company will increase the price of its passenger and commercial vehicles, across models.

IDBI Bank: QIP opened on December 15; the bank set the floor price at Rs 40.63 per share.

Axis Bank: In its clarification note, the bank said it has complied with its underwriting practices and approval processes for any exposure taken in relation to SREI Equipment Finance and SREI Infra Finance. SREI Group's outstanding dues to the bank stand at Rs 800 crore.

Biocon: Subsidiary Biocon Biologics signed MoU with CSSC in Tanzania for Mission 10 cents.

HG Infra Engineering: The company has been declared as L-1 bidder by Ircon International (A Government of India Undertaking).

Punjab National Bank: QIP opened on December 15 and the floor price has been set at Rs 37.35 per share.

Fno Ban Stocks 16.12.2020

 Stock under F&O ban on NSE 16-Dec-20

1 CANBK

Corporate Actions

Today's Corporate Action 16th Dec Ex Date

NICCOPAR Annual Book Closure

RESPONIND Final Dividend - Rs. - 0.0700

SHRISTI Dividend - Rs. - 0.2500

TRESCON Dividend - Rs. - 0.0500

VISHAL Bonus issue 1:2

Today's Key Results/Board Meetings 16-Dec-20

ENKEIWHEL General

Analysts/Board Meetings

Ashoka Buildcon: The company will be attending the investor video conference organised by Motilal Oswal on December 16.

Manappuram Finance: The company's officials will meet Duro Capital, IIFL Capital and Jefferies on December 16.

KEC International: Analyst/Institutional Investors meet, organised by DAM Capital Advisors, to be attended by the company through video conference on December 16.

Advanced Enzyme Technologies: The company's officials will have a virtual meeting with Malabar Investments on December 16.

Computer Age Management Services: Company officials will meet First Principles Fund, USA, on December 18.

United Spirits: Company officials will meet Spark Capital on December 16.

Voltas: Company officials will meet Ambit Capital on December 17, and Enam AMC and IDFC Mutual Fund on December 18.

Welspun Corp: The company will be attending a virtual investor meeting organised by Kotak Mutual Fund on December 17.

 

Main moves in markets

Stocks

The S&P 500 Index climbed 1.3% as of 4 p.m. in New York.

The Stoxx Europe 600 Index increased 0.3%.

The MSCI Asia Pacific Index decreased 0.3%.

The MSCI Emerging Market Index was little changed.

Currencies

The Bloomberg Dollar Spot Index dipped 0.5%.

The euro rose 0.1% to $1.2159.

The British pound climbed 0.9% to $1.3443.

The Japanese yen strengthened 0.4% to 103.64 per dollar.

Bonds

The yield on 10-year Treasuries climbed two basis point to 0.91%.

The yield on two-year Treasuries gained less than one basis point to 0.12%.

Germany’s 10-year yield fell three basis points to -0.61%.

Commodities

West Texas Intermediate crude increased 1.3% to $47.28 a barrel

Gold futures strengthened 1.4% to $1,858.30 an ounce.