Important stock market news to watch out for today Nov 27

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

  • Markets to open on a positive note; support @12900, resistance at 13145.
  • FIIs bought shares worth Rs2027.31cr (cash), sold Rs3400.1cr in index futures.
  • US markets were closed on Thursday for Thanksgiving holiday. Asian markets opened mixed.
  • Brent crude was 0.31% higher at $47.95 per barrel.
  • AU Small Finance Bank made strategic investment of Rs7.70cr in NPCI, wherein 61,320 equity shares at book value of Rs1,256 per share are allocated to the bank constituting around 0.44% shareholding of NPCI.
  • Lakshmi Vilas Bank in focus as several promoter entities challenged the scheme of amalgamation with DBS India.
  • Mahindra & Mahindra Subsidiary Mahindra Holdings agreed to sell its entire 100% stake in Mahindra First Choice Services (MFCS) and Optionally Convertible Redeemable Preference Shares in Auto Digitech (ADPL) to TVS Automobile Solutions (TASL). M&M signed a Share Subscription Agreement for subscribing securities of TVS Automobile Solutions (TASL).
  • Siemens has been in focus on recent declared quarterly results and recommendation of final dividend of Rs7 per equity share.
  • JSW Steel remains in focus on plans to hike stake in arm (SW Vallabh Tinplate) for Rs35cr.
  • HDFC Bank m-cap topped Rs8-trillion recently and CLSA raise of traget price sees further upside in stock
  • Ramkrishna Forgings started the commercial production of hollow spindle line from November 26.
  • Gillette received an order from the National Anti-Profiteering Authority, which has alleged that the company has profiteered to the tune of Rs58cr and has directed the company to deposit the profiteered amount with interest in Consumer Welfare Funds.
  • HFCL Promoter entity MN Ventures acquired additional 5 lakh equity shares in the company via open market transaction.
  • Action Construction Equipment Promoter Vijay Agarwal acquired further 6,500 shares in company via open market transaction.
  • Filatex India Vrinda Bhageria, daughter of Madhu Sudhan Bhageria, Chairman and Managing Director acquired 7 lakh equity shares in company, increasing her stake to 2.06% via open market transaction.
  • Tube Investments of India acquired controlling interest in CG Power and Industrial Solutions via allotment of equity shares & warrants.