Stock market news that you should not miss today 21th Jan 2021

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

  • Markets to open on a positive note; support @14,440, resistance at 14,750.
  • FIIs bought shares worth Rs2289.05cr (cash), sold Rs864.62cr in index futures.
  • US markets closed with new highs on Wednesday. Asian markets opened in the green.
  • Brent crude was 0.50% lower at $55.80 per barrel.
  • Bajaj Finance recorded consolidated profit at Rs1,146cr in Q3FY21 against Rs1,614cr, revenue fell to Rs4,296cr from Rs4,535cr yoy.
  • CCI approves the acquisition of stake in Max Life Insurance by Axis Bank, Axis Capital and Axis Securities.
  • L&T Technology Services reported profit at Rs186.1cr in Q3FY21 against Rs165.5cr in Q2FY21, revenue rose to Rs1,400.7cr from Rs1,313.8cr qoq.
  • Aditya Birla Fashion had approved the issuance of equity shares on a preferential basis to Flipkart for an amount aggregating up to Rs1500cr.
  • Asian Paints and Bajaj Auto will announce their quarterly financial results on Thursday.
  • Syngene international posted quarterly revenue from operations of Rs585cr in Q3FY21 compared to Rs519cr in the corresponding quarter of last year. EBITDA and PAT for the quarter were both up 11% to Rs193cr and Rs102cr respectively.
  • IRFC IPO Issue fully subscribed by 3.42 times on Day 3
  • Havells India witnessed sharply higher profit at Rs350.1cr in Q3FY21 against Rs200.6cr in Q3FY20, revenue jumped to Rs3,175.2cr from Rs2,273.3cr yoy.
  • Phillips Carbon Black reported sharply higher consolidated profit at Rs125.44cr in Q3FY21 against Rs70.06cr, revenue at Rs769.4cr against Rs768.65cr yoy.