Stock market news that you should not miss today 22nd Jan 2021

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

  • Markets to open on a flat to negative note; support @14,440, resistance at 14,650.
  • FIIs bought shares worth Rs1614.66cr (cash), sold Rs1039.48cr in index futures.
  • US markets closed higher on Thursday. Asian markets opened flat to mildly negative.
  • Brent crude was 1% lower at $55.54 per barrel.
  • Reliance Industries, Yes Bank, JSW Steel and HDFC Life will announce their quarterly results today.
  • Sebi imposed Rs1cr penalty on HDFC Bank for non-compliance with an interim order.
  • JK Tyre witnessed a higher consolidated profit at Rs230.7cr in Q3FY21 against Rs108.9cr in Q3FY20, revenue rose to Rs2,769.3cr from Rs2,274.8cr yoy.
  • Indian Energy Exchange reported higher consolidated profit at Rs58.1cr in Q3FY21 against Rs41.7cr in Q3FY20, revenue jumped to Rs85.2cr from Rs59.7cr yoy.
  • South Indian Bank posted a loss at Rs91.6cr in Q3FY21 against profit of Rs90.4cr in Q3FY20, net interest income fell to Rs596.4cr from Rs601.8cr yoy.
  • SRF reported profit at Rs324.7cr in Q3FY21 against Rs343cr in Q3FY20; revenue jumped to Rs2,146.4cr from Rs1,850.5cr yoy.
  • Cyient recorded higher profit at Rs95.4cr in Q3FY21 against Rs83.9cr in Q2FY21; revenue rose to Rs1,044.3 crore from Rs1,003.3cr qoq.
  • Indigo Paints IPO Subscribed 6.9 Times On Second Day.
  • Biocon Q3FY21 revenue at Rs1,879cr, up 7%; EBITDA at Rs427cr; Net Profit at Rs169cr.
  • Zensar Tech reported revenue at $122.8 Mn, a decline of 2.4% qoq in USD terms.
  • AU Bank forays into Odisha with its branch launch in Bhubaneswar.
  • SBI Cards: Profit after tax at Rs210cr for Q3 FY21