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To 10 January 2022

Information Technology stocks were trading in green, with the S&P BSE IT Sector index increasing 319.57 points or 0.85% at 37899.81 at 09:51 IST.

Healthcare stocks were trading with gains, with the S&P BSE Healthcare index rising 102.76 points or 0.4% at 25762.13 at 09:51 IST.

Vodafone Idea slumped 13.13% to Rs 12.90 after the company said the Indian government will own almost 36% in the firm after conversion of dues into equity.

On 12 January 2022

Utilties stocks were trading with gains, with the S&P BSE Utilities index increasing 14.67 points or 0.47% at 3130.75 at 09:51 IST.

JBM Electric Vehicles Private Limited, its wholly-owned subsidiary has acquired 51% stake.

Revenue Department had approached Apex court after Appellate Tribunal had partially dropped the Adjudicating Authority’s demand of over Rs46.65cr along with the corresponding interest and penalty.

A mixed stance was logged across sectoral indices with IT outperforming its counterparts and metal stocks being the worst hit.

Spandana Sphoorty Financial on 10 Jan. approved the proposal of raising of funds by way of issuance of securities through private offerings and/or qualified institutions placement or other permissible mode, in one or more tranches, upto Rs 300 crore.