Know why Paytm, TCS, Bajaj Consumer, Easy Trip Planners, Sun Pharma, Lupin are stocks in news Today, December 9

Stocks in News Today, December 9: Indian frontline indices S&P BSE Sensex and NSE Nifty50 are likely to start Friday on a positive note amid favourable cues from global stock markets. Singapore-based SGX Nifty futures, an early indicator of movement in Nifty50 was trading at 18,792.5, up 65 points or 0.35 per cent while Dow Futures was trading at 33,791.10 up 9.60 points.

Stocks in News Today, December 9

One 97 Communications, Paytm

Board of Directors of the Company is scheduled to be held on Tuesday, December 13, 2022 to consider a proposal for buyback of the fully paid-up equity shares of the Company. The company informed in an exchange filing.

Bajaj Consumer

Board meeting to be held to consider share buyback.

Easy Trip Planners

130.37 crore Bonus Equity Shares to be listed from today of the company.

Sun Pharma

Sun Pharma has given an update regarding its Halol facility. The company will not make any change in its guidance and there will be no change in the income of the company's specialty business.

The US Food and Drug Administration (USFDA) has issued an import alert on the Halol unit.

Lupin

The company has appointed Spiro Gavaris as President of US Generics Business.

Tata Consultancy Services (TCS)

Tata Consultancy Services has extended tie-up with Barclays to help more children struggling with neuromuscular disability become self-reliant.
This includes integration of child welfare organization of Pune with TCS Virtual Habilitation Solution

Asian markets were also buzzing with positive action with Nikkei 225 trading at 27,873.30, up nearly 300 points or 1.08 per cent. China' Shanghai Composite was trading at 3,198.87, flat, though with a positive bias. Hang Seng was trading at 19,621.66, up 171.43 or 0.88 per cent.

On Thursday, US markets settled positively with Dow 30 closing with a lead of 183 points or 0.55 per cent at 33,781.50 while S&P 500 settled at 3,963.51, 29.59 points or 0.75 per cent higher. Nasdaq Composite finished at 11,082, up 123.45 points or 1.13 per cent. Apple, Microsoft and Amazon stocks closed with gains.

From the Indian market standpoint, expect stock specific action in certain stocks based on news. We have collated a list of such stocks that are likely to see movement today.

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Also read- Anil Singhvi’s Strategy December 09: Day support zone on Nifty is 18525-18575 & Bank Nifty is 43325-43500