Closing Indices

11 January 2022 

Bse Sensex Closed @ 60616.89 ✅ 221.26 Points 

Nse Nifty Closed 18055.75 ✅ 52.45 Points 

Bank Nifty Closed 38442.20 ✅ 94.30 Points 

India VIX Closed 17.7575 ✅ 0.0800 Points

Stocks To Watch

Stocks To Watch

One97 Communications: The company disbursed loans worth Rs 2,180 crore in October-December quarter, up 73% QoQ. Gross merchandise value for Q3 stood at Rs 2.5 lakh crore, up 28% QoQ. Average monthly transacting users rose to 6.44 crore in Q3, up 12.5% QoQ. The company also deployed over 20 lakh devices in Q3, up 54% QoQ.

Mindspace Business Parks REIT: Blackstone exited Mindspace Business Parks REIT by selling its stake to the Abu Dhabi Investment Authority, Moneycontrol reported, citing sources. The deal was struck for about $240 million, according to the report. 

Spandana Sphoorty Financial: To raise upto Rs 300 crore from founder Kanchenjunga.

Axis Bank: Approves re-appointment of Rajiv Anand as deputy MD for 3 years. 

Fortis Healthcare: A suit has been filed against the company along with others by Emqore Envesecure alleging copyright infringement, tortious interference with contracts, etc. and has claimed damages more than $6.5 billion from all defendants.

Bank of Baroda: The bank has cut overnight MCLR from 6.50% to 6.45% effective Jan. 12, 2022. 

Take Solutions: The company has defaulted on loans of nearly Rs 238 crore from Siemens Bank and IndusInd Bank as of Dec. 31, 2021.

Sona BLW Precision Forgings: NCLT has sanctioned the scheme of amalgamation of Comstar Automotive Technologies with Sona BLW Precision Forgings and their respective shareholders. 

SJVN: The company has been granted a Category “I” license for inter-state trading in electricity in the whole of India by Central Electricity Regulatory Commission.

JSW Ispat Special Products: The company reported production of 1.4 lakh tonnes of crude steel, a growth of 14% sequentially. 

Antony Waste Handling Cell: The company reported growth of 22% in Q3 in operating revenue on YoY and sequential basis. Total tonnage handled by the Collection & Transportation reported around 13% growth YoY and around 3% growth sequentially, while total waste processed by the company during the quarter has improved by around 6% YoY and around 4% sequentially. Total compost sales rose 8.11% to 3,144 tons versus 2,908 tons in Q2. 

RPSG: The company will consider fund raising proposal on Jan. 13.

Brookfield India Infrastructure: The company has called an Extraordinary General Meeting on Jan. 10 to consider proposal to borrow and create charge on assets, approve preferential issue of upto 52,87,01,04 units. 

Timex Group India: Gets rights for Guess and GS Branded watches in India

Market Movers

Some of the main moves in markets:

Stocks

The S&P 500 fell 0.1% as of 4 p.m. New York time

The Nasdaq 100 rose 0.1%

The Dow Jones Industrial Average fell 0.4%

The MSCI World index fell 0.2%

Currencies

The Bloomberg Dollar Spot Index rose 0.1%

The euro fell 0.3% to $1.1329

The British pound was little changed at $1.3577

The Japanese yen rose 0.3% to 115.23 per dollar

Bonds

The yield on 10-year Treasuries was little changed at 1.76%

Germany’s 10-year yield advanced one basis point to -0.03%

Britain’s 10-year yield advanced one basis point to 1.19%

Commodities

West Texas Intermediate crude fell 0.7% to $78.33 a barrel

Gold futures rose 0.2% to $1,800.90 an ounce