Global Market Update

How markets opened elsewhere:

SGX Nifty ASX 200 Dow Jones* Nasdaq* Nikkei 225 Hang Seng SSE Composite
-1.08% -1.26% -0.03% 0.44% -2.10% -1.81% -0.33%

Note: Data was collected between 7:40 AM and 7:45 AM. 

*Dow Jones and Nasdaq closing values of November 24, 2021. 

US Stock market indices are closed on November 25 on account of Thanksgiving. 

Asia-pacific indices opened largely in red with SGX nifty, ASX 200, Nikkei 225 and Hang Seng falling over 1% in early trading hours.

Tarsons Products

  • Tarsons Products will make its debut on the stock markets today.
  • The Tarsons Products IPO was subscribed 77.49 times. Retail Investors had subscribed to the issue 10.56 times the reserved portion.
  • To know more about the stock, click here: Tarsons Products


ITC has initiated clinical trials for developing a nasal spray intended for coronavirus prevention, according to media reports


Housing Development Finance Corporation (HDFC) will raise up to Rs 10,000 crore by issuing bonds on private placement basis.

Future Retail

  • Amazon has written to the independent directors of Future Retail (FRL) alleging that there have been significant financial irregularities at Future Retail.
  • Amazon mentioned that a detailed independent examination must be made to enquire and investigate into the financial statements, and records of the company.

Indian Oil

Indian Oil paid Rs. 2,424 crore in terms of a dividend tranche to the government.

Yes Bank

Yes Bank has collaborated with Amazon Pay and Amazon Web Services (AWS) to offer customers an instant real-time payment system via a UPI transaction facility.

JSW Energy

  • The board of JSW Energy has approved reorganisation of green (renewable) and grey (thermal) businesses.
  • All the existing and upcoming renewable energy businesses of the company will now be housed under ‘JSW Energy Neo Limited’, a wholly owned subsidiary of the company.

Motherson Sumi Systems

Motherson Sumi Systems has allotted 7,650 redeemable NCDs on private placement basis for Rs 765 crore.


  • SpiceJet is said to have settled a lawsuit filed by aircraft lessor Goshawk and its trustee Wilmington Trust SP Services Dublin, according to media reports.
  • Goshawk and its trustee had leased three planes to SpiceJet.
  • When SpiceJet decided to transfer its cargo and logistics business to a separate company, the lessors approached Delhi high court to stop the transfer until the lease dues were paid.

Kalpataru Power Transmission

  • Kalpataru Power Transmission is planning to approach a New York court to seek enforcement of an arbitration award against Rwanda Energy Group (REG).
  • The arbitration award, of over $32 million, is related to a dispute over a contract

Engineers India

  • Engineers India and Chempolis OY have signed a strategic alliance for conversion of biomass to green fuels.
  • Chempolis OY is a biotechnology company based in Finland.

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