GLOBAL MARKETS ROUNDUP
The euro fell almost 2 percent and share prices tumbled across Asia on Monday as Greece looked set to default on its debt repayment this week, forcing Athens to impose capital controls to halt bank runs.
The S&P BSE Sensex plunged over 500 points in trade on Monday, after chances increased over the weekend that Greece would default on its debt and exit the euro zone.
LOCAL MARKETS PREVIOUS CLOSE
• BSE index 27,811.84 (down 0.30 pct)
• NSE index 8,381.10 (down 0.2 pct)
• Rupee 63.64/65 per dollar (63.5950/6050)
• 10-year bond yield 7.82 pct (7.82 pct)
• 5-year OIS rate 7.22 pct (7.22 pct)
• 1-year OIS rate 7.53 pct (7.53 pct)
• Call money 6.35/6.40 pct (6.85/6.90 pct)
Union Bank of India: State-run Union Bank of India has won shareholders' approval to raise Rs 3,700 crore, including a capital infusion from the government, an official release said on Saturday.
HUL: One of the country's biggest FMCG companies, Hindustan Unilever (HUL), plans to open its mobile-based marketing platform Kan Khajura Tesan (KKT) to external advertisers.
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