Stock market news that you should not miss today - February 23, 2021

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

  • Markets to open on a positive note; support @14,600, resistance at 15,000.
  • FIIs sold shares worth Rs893.25cr (cash), sold Rs919.88cr in index futures.
  • US markets closed mixed Tuesday.
  • Brent crude was 1.50% higher at $66.22 per barrel.
  • Bharti Airtel to meet global fixed income investors on or after Feb 23, 2021, to take the decision on the issuance of foreign currency bonds/ notes.
  • Bharat Forge signed an agreement with Paramount Group for the production of protected vehicles in India.
  • APL Apollo allotted commercial paper worth Rs75cr to ICICI Prudential Ultra Short Term Fund.
  • IRB Infra: Board has approved the allotment of Unlisted, Unrated, Secured, Redeemable, Non- convertible Debentures aggregating to Rs2,184.55cr on a private placement basis.
  • GR Arun Kumar resigned as a whole-time director & chief financial officer of Vedanta.
  • Info Edge: Zomato Private Limited has closed primary fundraise of USD 250 million from five different investors.
  • Urja Global approved the allotment of 5 crore partly paid-up rights equity shares at a price of Rs5 per rights equity share.