Stock market news that you should not miss today 13th Jan 2021

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

  • Markets to open on a positive note; support @14,300, resistance at 14,650.
  • FIIs bought shares worth Rs571.47cr (cash), sold Rs1334.5cr in index futures.
  • US markets ended higher. Asian markets opened flat.
  • Brent crude was 1.03% lower at $57.16 per barrel.
  • Hero MotoCorp has expanded its presence in Central America.
  • Tech Mahindra to acquire 100% shareholding of Payments Technology Services.
  • Bharti Airtel has received approvals for its relevant downstream investments.
  • Tata Motors global wholesales rise to 2,78,915 units in Q3FY21, higher by 37% quarter-on-quarter and by 1% yoy.
  • IT companies Infosys and Wipro will announce their quarterly financial results on Wednesday.
  • Bharat Rasayan Board of Directors have approved the buyback of up to 93,472 shares of Rs 10 each, comprising of 2.20% of the total paid-up equity capital of the company.
  • Dishman Carbogen Amcis OFS for Non-retail investors gets demand for 66.8 lakh shares as compared to the 54.6 lakh on offer.
  • The National Company Law Tribunal, Mumbai has sanctioned the Scheme of Merger by absorption of BASF Performance Polyamides India, a wholly-owned subsidiary, with BASF India, effective February 1, 2021.
  • Nava Bharat Ventures in focus as CARE has revised the credit ratings of Nava Bharat Energy India, one of the subsidiaries of the company.
  • India Ratings & Research has affirmed India Glycols’ Long-term Issuer Rating as A-/Stable.