Stock market news that you should not miss today 9th Jan 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 higher on Monday. Asian markets opened mixed.
  • Brent crude was 0.61% higher at $60.93 per barrel.
  • Wipro appoints Michael Seiger as the Country Head for Germany and Austria.
  • Torrent Pharma recorded a higher consolidated profit at Rs297cr in Q3FY21 against Rs251cr in Q3FY20; revenue increased to Rs1,995cr from Rs1,966cr yoy.
  • NMDC registered sharply higher profit at Rs2,108cr in Q3FY21 against Rs1,375cr in Q3FY20, and revenue jumped to Rs4,355.1cr from Rs3,006.4cr yoy.
  • Jindal Stainless (Hisar) Dec 2020 quarter: PAT and EBITDA of the company stood at Rs190cr and Consistent focus on deleveraging helped bring down the finance cost by 23% over CPLY.
  • Tata Steel will announce its quarterly financial results on Tuesday.
  • UPL Ltd., the only company in crop protection sector included in the S&P Global Sustainability Yearbook 2021 for Demonstrating Excellence in Corporate Sustainability.
  • Balaji Amines total Income for Q3FY21 grew by 63.74% to Rs366.85cr as compared to Rs224.05cr in Q3FY20.
  • Jagran Prakash Q3FY21: Net Profit at Rs82.64cr, up by 6.9% from Rs77.30cr.
  • VST Tillers Tractors Announces technical partnership with Monarch Tractors.
  • Majesco open market sale: Third Alpha LLP, Third Edge Advisors LLP, Alpha Alternatives Multi Strategy Absolute Return Scheme, and Alpha Alternatives Fund Advisors LLP reduced their stake in the company to 2.56% from 5.65%.
  • Sun TV Network witnessed a higher consolidated profit at Rs445.41cr in Q3FY21 against Rs384.69cr in Q3FY20. Revenue rose to Rs994.14cr from Rs847.81cr yoy.
  • Redington India reported consolidated profit at Rs201.94cr in Q3FY21 against Rs182.30cr in Q2FY21. Revenue jumped to Rs16,980.84cr from Rs13,763.94cr qoq.