Important stock market news to watch out for today Nov 24

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

  • Markets to open on a positive note; support @12825, resistance at 13000.
  • FIIs bought shares worth Rs4,738.44cr (cash), sold Rs2,944.05cr in index futures.
  • US markets closed higher. Asian markets opened in the green.
  • Brent crude was marginally higher at $46.07 per barrel.
  • Coal India: Four trade unions serve notice for a strike on November 26, Coal India to increase non-coking coal price by Rs10 per tonne effective December 1.
  • Muthoot Finance launches Gold Jewellery Insurance scheme in partnership with Bajaj Allianz General Insurance.
  • Exide Industries further invested Rs33.17cr in its subsidiary (joint venture company) Exide Leclanche Energy and increased its shareholding to 80.15%.
  • Exchanges have given a no-objection letter to the scheme of demerger of GHCL’s textile business into GHCL Textiles.
  • GMR Kamalanga Energy, a stepdown subsidiary of GMR Infra is required to pay claims of Rs1,005cr to SEPCO Electric Power Construction Corporation towards project payments, prolongation costs, as confirmed by the arbitration tribunal.
  • Jubilant Industries to transfer its liquor license and will not manufacture India Made Foreign Liquor hereon.
  • Trigyn Technologies extended its contract with the United Nations for the provision of I.T. staffing support service till December 2021.
  • Ingersoll-Rand Inc proposed to sell up to 14,25,798 equity shares in Ingersoll-Rand (India) via offer for sale on November 24-25.
  • Opto Circuits reported a loss of Rs4.67cr in Q2FY21.
  • HFCL Promoter entity MN Ventures acquired 5 lakh equity shares in the company via open market transaction.
  • Wockhardt Promoter entity Themisto Trustee Company Pvt Ltd released pledge on 14 lakh equity shares.**