New Listing

 New Listing : Tarsons Products Limited

Abb : Tarsons

Code : 543399 / 6943

Group : B / EQ

ISIN : INE144Z01023

FV : 2.00

ML : 1

Issue Price : 662

Market Movers

Stocks

Futures on the S&P 500 rose 0.1% as of 3:38 p.m. New York time

Futures on the Dow Jones Industrial Average were little changed

The MSCI World index rose 0.1%

The MSCI Emerging Markets Index rose 0.1%

The MSCI Asia Pacific Index rose 0.2%

Currencies

The Bloomberg Dollar Spot Index was little changed

The euro was little changed at $1.1208

The British pound was little changed at $1.3323

The Japanese yen was little changed at 115.36 per dollar

The offshore yuan rose 0.1% to 6.3877 per dollar

Bonds

Germany’s 10-year yield declined two basis points to -0.25%

Britain’s 10-year yield declined three basis points to 0.97%

Commodities

West Texas Intermediate crude fell 0.5% to $78.03 a barrel

Gold futures rose 0.2% to $1,790.80 an ounce

In News

Stocks in News

CyberTech Systems and Software: India Rating & Research (Fitch Group) has upgraded the rating of CyberTech Systems from Long-Term Issuer Rating at 'BBB-/Stable/A3' to 'BBB/Stable/A3+'. 

Capri Global Capital: The company entered into a co-lending agreement with the Union Bank of India to offer MSMEs loans. 

Siemens: The company has recommended a dividend of Rs 8 per equity share for the financial year ended September 2021. 

Tube Investments of India: ICRA has reaffirmed the long-term rating at AA+ and the short-term rating at A1+ in respect of the bank fund based and non-fund based limits of the company. The long-term rating has been removed from watch with developing implications and 'Stable' outlook has been assigned. 

Grasim Industries: Life Insurance Corporation of India sold 2.02% stake in the company via open market transactions, reducing shareholding to 9.83% from 11.85% earlier. 

Pidilite Industries: Subsidiary Madhumala Ventures has agreed to make an investment of Rs 1.56 crore in Constrobot Robotics which is engaged in the business of research, development, manufacturing and trading of robotic equipment and related software to be used in construction activities. The investment would be done through primary and secondary purchase of shares to acquire 19.51% of Constrobot Robotics.