Stock market news that you should not miss today 10th feb 2021

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

  • Markets to open on a muted note; support @15,000, resistance at 15,300.
  • FIIs bought shares worth Rs1876.6cr (cash), sold Rs504.86cr in index futures.
  • US markets closed flat on Tuesday. Asian markets opened flat.
  • Brent crude was flat at $61.08 per barrel.
  • Tata Steel witnessed consolidated profit at Rs3,989cr in Q3FY21 against loss of Rs1,166cr in Q3FY20, revenue increased to Rs39,594cr from Rs35,520cr yoy.
  • Raymond recorded a lower consolidated profit at Rs21.7cr in Q3FY21 against Rs195.3cr in Q3FY20, revenue declined to Rs1,243.4cr from Rs1,885.4cr yoy.
  • Mindstone Mall Developers, wholly-owned subsidiary of The Phoenix Mills (PML), has announced the acquisition of approximately 7.48 acres of prime land in Alipore, Kolkata for a total consideration of Rs300cr.
  • Eicher Motors and Hindalco will announce financial results for the quarter ended December.
  • Capri Global Capital Limited records 82% growth in disbursals in Q3FY21; Profit after tax (PAT) for the Q3 FY21 was at Rs49.2cr.
  • NDTV Group declared its best third quarter (Q3) results in the last 11 years with a profit of Rs20cr. This is turnaround of Rs9cr over the same quarter last year.
  • Aditya Pande, Chief Financial Officer of Interglobe Aviation has resigned, effective February 21, 2021.
  • Mahanagar Gas reported a higher profit at Rs217.2cr in Q3FY21 against Rs186cr in Q3FY20, revenue fell to Rs666.4cr from Rs744cr yoy.
  • IG Petrochemicals reported a sharp rise in consolidated profit at Rs62.9cr in Q3FY21 against Rs4.5cr in Q3FY20, revenue jumped to Rs314.7cr from Rs275.6cr yoy.
  • Berger Paints posted a higher consolidated profit at Rs274.8cr in Q3FY21 against Rs182.3cr in Q3FY20, revenue jumped to Rs2,118.2cr from Rs1,696cr yoy.
  • Gujarat Mineral Development Corp reported consolidated loss at Rs2.76cr in Q3FY21 against profit Rs28.2cr in Q3FY20, revenue fell to Rs329.3cr from Rs339.6cr yoy.