In News

Stocks in News

Weizmann: The company approved the proposal to buy back up to 14,12,515 fully paid-up equity shares at a price of Rs 60 per share on a proportionate basis through the tender offer process. 

Infosys: Infosys Equinox collaborated with Packable to help amplify its direct to consumer e-commerce offerings for its brand partners. 

HFCL: The company closed the qualified institutional placement issue and raised Rs 600 crore by allocating 8,72,72,727 equity shares at issue price of Rs 68.75 per equity share. 

Marksans Pharma: UK MHRA has granted market authorisation to the company's wholly owned subsidiary Relonchem for Loperamide 2mg hard capsules. Marksans will manufacture the products at its UK MHRA-approved state-of-the-art oral dosage facility located in Goa, India. 

Karur Vysya Bank: The bank has appointed Ramshankar R as chief financial officer. 

Bajaj Electricals: The company has authorised some of the directors and officials to review its corporate structure to unlock growth and value creation for all business segments.

Market Movers

Some of the main moves in markets:

Stocks

The S&P 500 fell 0.7% as of 4 p.m. New York time

The Nasdaq 100 fell 1.5%

The Dow Jones Industrial Average was little changed

The MSCI World index fell 0.6%

Currencies

The Bloomberg Dollar Spot Index rose 0.3%

The euro fell 0.4% to $1.1294

The British pound rose 0.1% to $1.3218

The Japanese yen rose 0.2% to 113.45 per dollar

Bonds

The yield on 10-year Treasuries declined three basis points to 1.49%

Germany’s 10-year yield declined four basis points to -0.35%

Britain’s 10-year yield declined two basis points to 0.76%

Commodities

West Texas Intermediate crude fell 2.6% to $70.47 a barrel

Gold futures fell 0.5% to $1,775.90 an ounce

Closing Indices

09th December 2021 

Bse Sensex Closed 58807.13 ✅ 157.45 Points 

Nse Nifty Closed 17516.85 ✅ 47.10 Points 

Bank Nifty Closed 37082.45 ❌ 202.25 Points 

India VIX 16.6025 ❌ 0.6625 Points.