Corporate Updates

Today's Corporate Action 7th Dec Ex Date

CHLOGIST E.G.M.

Today's Key Results/Board Meetings 07-Dec-21

ABIRAFN General

BRAHMINFRA A.G.M.

CRPRISK A.G.M.;Audited Results;Half Yearly Results

GBFL General

HINDZINC Interim Dividend

INDOUS General

MAWANASUG General

MDRNSTL A.G.M.;Audited Results;Quarterly Results

NHPC General

NMSRESRC Amalgamation;General

SHEMAROO Employees Stock Option Plan

STRLGUA General

WARDINMOBI General

In News

Stocks in News

GSS Infotech: The company acquired 100% of 'farm to store' company Polimeraas with a combination of stock and cash. 

Rain Industries: Pabrai Investment Funds bought 2.05% stake in the company via open market transactions, increasing shareholding to 8% from 5.95% earlier. 

Indo Count Industries and GHCL: Indo count acquired home textile business of GHCL for Rs 576 crore. 

HFCL: The company launched its qualified institutional placement issue on December 6, and approved floor price at Rs 72.33 per share. 

Suryalakshmi Cotton Mills: ICRA has upgraded the company's Long-Term rating to 'BBB-' from 'BB+' and also upgraded the short-term rating to 'A3' from 'A4+'. The ratings have been removed from 'rating watch with negative implications' and Stable outlook was assigned on the long-term rating & short term credit rating. 

Tata Motors: The company announced an increase in price in the range of 2.5%, will be implemented from January 1, 2022 and will be put into effect across segments – M&HCV, I&LCV, SCV and Bus, basis individual model and variant of the vehicle.

Market Movers

Some of the main moves in markets:

Stocks

The S&P 500 rose 1.2% as of 4 p.m. New York time

The Nasdaq 100 rose 0.9%

The Dow Jones Industrial Average rose 1.9%

The MSCI World index rose 0.8%

Currencies

The Bloomberg Dollar Spot Index was little changed

The euro fell 0.3% to $1.1283

The British pound rose 0.2% to $1.3257

The Japanese yen fell 0.6% to 113.48 per dollar

Bonds

The yield on 10-year Treasuries advanced eight basis points to 1.43%

Germany’s 10-year yield was little changed at -0.39%

Britain’s 10-year yield declined one basis point to 0.74%

Commodities

West Texas Intermediate crude rose 5.3% to $69.80 a barrel

Gold futures fell 0.2% to $1,780 an ounce