Check out the stocks today [14-10-2020]

Here is the important stock market news to watch out for today.
  • Markets to open on a negative note; support @11,830, resistance at 12,000.
  • FIIs shares bought worth Rs832.14 (cash), sold Rs1674.46cr in index futures.
  • US markets closed lower on Tuesday; Asian markets opened in the red.
  • Oil trades lower at 42.31 USD/bbl.
  • Bharti Airtel group entities moved to Supreme Court challenging the NCLAT order directing them to pay more than Rs 100 crore to Aircel.
  • Infosys completes acquisition of Product Design and Development Firm, Kaleidoscope Innovation. The IT company is also set to announce its financial results today.
  • Future Enterprises defaulted on payment of interest on NCDs worth Rs15.14cr which was due on Oct.12.
  • IRCTC announced that Comal Ramachandran Sundaramurti, who was appointed as an Independent Director on the Board, ceased to be a Director of the Company upon completion of his tenure of three years on 12 October 2020.
  • Wipro reported a dollar revenue growth of 3.7% at $1,992.4mn vs. $1,921.6mn QoQ. Management expects dollar revenue growth at 1.5-3.5% in Q3.
  • The QIP committee of SRF is scheduled to be held on October 16 to determine the issue price.
  • PNB Gilts: CRISIL re-affirmed its credit rating of ‘A1+’ as assigned to its Rs1,000cr commercial paper programme.
  • Karnataka Bank reported a profit of Rs119.44cr in Q2FY21 against Rs105.91cr, net interest income increased to Rs575cr from Rs498.7cr YoY.
  • CSL Finance’s board approved the issuance of NCDs aggregating to Rs10cr on a private placement basis.
  • LIC increased stake in TVS Motor Company to 4.87% in September quarter from 3.18% in the June quarter.
  • NTPC to raise Rs4,000cr via issue of NCDs.
  • Competition Commission of India approved proposed acquisition of shares in CG Power and Industrial Solutions by Tube Investments.
  • Jindal Polyfilms stated that proposed capacity addition at BOPP film line in Nasik plant will for 44,000 MTPA and it will be added by March 2022 and 5,800 MTPA capacity of BOPP capacitor line will also added by January 2022.
  • Punjab and Sind Bank’s three NPA accounts worth Rs133.46cr declared fraud and bank has provided 100% provisioning as per the prudential norms.
  • Wockhardt Board has approved redemption certain preference shares before its due date.