Important stock market news to watch out for today Nov 11

Here is the important stock market news to watch out for today.

  • Markets to open on a flat note; support @12,347 resistance at 12,800.
  • FIIs shares worth bought Rs5627.32(cash), sold Rs2309.19cr in index futures.
  • US markets closed higher on Tuesday. Asian markets opened in the green.
  • Oil trades 0.60% higher at 43.87 USD/bbl.
  • Coal India will announce its quarterly financial results on Wednesday.
  • NMDC announces share buyback worth Rs1,378cr.
  • Wipro wins five-year software engineering services engagement from ThoughtSpot.
  • Tata Power repaid total debt worth Rs2,600cr in October and Rs1,500cr is under pre-payment notice for November.
  • Tata Power reported a higher profit at Rs370.9cr in Q2FY21.
  • Mayur Uniquoters Board approves buyback of 7.5 lakh shares or 1.65% of the total equity.
  • TTK Prestige successfully concluded a long-term settlement covering all its workmen at the company’s Coimbatore unit.
  • GPT Infra received Rs30.2cr order for making a bridge over the Yamuna river from the government.
  • Varroc Engineering, Endurance Tech Naresh Chandra has resigned as Chairman and Director of company from November 10 due to personal reasons. Current Managing Director Tarang Jain will become the chairman of Varroc Engineering.
  • JB Chemicals & Pharma’s Statutory auditors DNV & Co. Chartered Accountants have resigned.
  • Raymond reported a loss at Rs136.6cr in Q2FY21.
  • Future Consumer reported a loss at Rs146.8cr in Q2FY21.
  • Aarti Industries reported a lower profit at Rs143.5cr in Q2FY21.
  • Bata India reported a loss at Rs 44.3 crore in Q2FY21.