Closing Indices

09 JUNE 2022 

Bse Sensex Closed @ 55320.28 🔼 427.79 Points 

Nse Nifty Closed @ 16478.10 🔼 121.85 Points 

Bank Nifty Closed @ 35085.45 🔼 139.30 

India VIX Points 19.1400 🔽 0.6975 Points

Meetings

Meetings on June 9

Larsen & Toubro, Hindustan Unilever, Zomato, Sona BLW Precision Forgings, State Bank of India: Officials of these companies will participate in Jefferies India Forum. 

Craftsman Automation, Raymond, Lemon Tree Hotels, Nuvoco Vistas Corporation, SKF India, Symphony, TTK Prestige, PG Electroplast, Rama Steel Tubes, Allcargo Logistics, IIFL Finance, Birlasoft, Welspun Corp, RateGain Travel Technologies, Apollo Tyres, Arvind Fashions, Vaibhav Global: Officials of these companies will attend Motilal Oswal Annual India Ideation Conference. 

Tata Consumer Products, Grasim Industries, Vedanta, Sobha: Officials of these companies will attend Morgan Stanley's Virtual India Summit 2022. 

Sun Pharma: The company's officials will participate in Nomura Investment Forum Asia 2022. 

FSN E-Commerce Ventures (Nykaa): The company's officials will meet JP Morgan Asset Management and Alliance Berstein. 

Tata Steel: The company's officials will attend Citi Pan – Asia Regional Investor Conference 2022, and will meet Fidelity (FMR). 

Mahindra & Mahindra: The company's officials will attend Nomura Virtual Investor Conference. 

Tata Chemicals: The company's officials will meet Canada Pension Plan lnvestment Board. 

India Pesticides: The company's officials will meet Antique Stock Broking. 

Escorts: The company's officials will meet Enam AMC. 

Asian Paints: The company's officials will meet BMO Global Asset Management and Blackrock Asset Management. 

Axis Bank: The company's officials will attend the second Annual APAC EM ESG Conference. 

Tata Motors: The company's officials will meet RWC Partners, Abu Dhabi Investment Authority, Ellerston Capital, Kotak Mahindra Old Mutual Life Insurance, L&T Investment, Nomura Site, Platinum Asset Management, Schroder Investment Management, Sephira Emerging Markets etc.

IN News

In News

Bank of India: The public sector bank has changed its Repo-Based Lending Rate (RBLR) to 7.75 percent with immediate effect, from 7.25 percent earlier. The revision is on account of the upward revision in repo rate announced by the RBI, on June 8 in its monetary policy. 

Punjab National Bank: The state-run lender has revised its Repo-Linked Lending Rate (RLLR) to 7.40 percent w.e.f. June 9, from 6.90 percent earlier. The bank has taken this decision especially after the RBI hiked the repo rate. 

Wipro: The IT services company and ServiceNow will help Petrobras, the largest publicly traded company in Brazil, to advance its digital journey. The project aims to raise the level of service for internal users and reduce costs by modernising and aligning IT infrastructure processes with the business through a modern cloud solution focused on automation and integration. 

Tata Power Company: Subsidiary Tata Power Solar has commissioned an EPC project of 450 MWDC for Brookfield Renewable India in Rajasthan. The company has set up over 8 lakh modules and completed them within a record 7-month timeframe. The project will produce over 800GWh of clean energy annually and will help avoid up to 600,000 tons of annual CO2 emissions. 

Rail Vikas Nigam: Rail Vikas Nigam (RVNL) has entered into an agreement with "Kyrgyzindustry" for the execution of infrastructure projects in Kyrgyz Republic. Particularly the company is going to execute a railway line network on mutually agreed terms and conditions in Kyrgyz Republic. 

BLS International Services: The company has acquired Mumbai-headquartered Zero Mass Private (ZMPL) – the largest business correspondent in the country –for Rs 120 crore. With this all-cash acquisition from the company's internal accruals, BLS International becomes the largest business correspondent (BC) network in India. BLS International now owns an 88.26 percent equity stake in ZMPL, and State Bank of India continues to hold 6.83 percent equity stake in ZMPL. ZMPL has been operating the largest BC network for State Bank of India (SBI) with around 11,500 active CSPs (around 15 percent of all the SBI BCs). The company has a pan-India presence with CSPs located across all states and union territories of India. Apart from SBI, ZMPL has contracts with Utkal Grameen Bank and Karur Vysya Bank. 

Crompton Greaves Consumer Electricals: The company's Board of Directors on June 13 will consider a proposal to raise funds by way of issuance of debt securities on a private placement basis up to Rs 925 crore