Stock market news that you should not miss today - March 10, 2021

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

March 10, 2021 8:40 IST

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

  • Markets to open on a negative note; support @14,925, resistance at 15,250.
  • FIIs bought shares worth Rs2801.87cr (cash), bought Rs1250.22cr in index futures.
  • US markets closed higher on Tuesday. Asian Markets opened muted on Wednesday.
  • Brent crude was 0.21% lower at $67.38 per barrel.
  • Wipro recognised at ASSOCHAM Diversity & Inclusion Excellence Awards 2020.
  • Power Grid acquired Ramgarh New Transmission Limited (RNTL), the Project SPV to establish a Transmission system strengthening scheme for the evacuation of power from solar energy zones in Rajasthan (8.1 GW) under phase II - Part A, on build, own, operate and maintain (BOOM) basis from the Bid Process Coordinator - REC Power Distribution Company Limited.
  • Magma Fincorp announces shareholders’ approval of the acquisition of controlling stake by Rising Sun Holdings Pvt. Ltd through preferential issue.
  • Jubilant Foodworks: Jubilant Foodworks Netherlands B.V. has successfully completed the acquisition of 100% of Fides Food Systems Coöperatief U.A., Netherlands which holds 32.81% equity shares in DP Eurasia N.V. Consequently, the Company stands fully released from the guarantee issued by it in connection with the investment obligations of Jubilant Foodworks Netherlands B.V.
  • Bharat Forge: The Company has made further investment of Rs4cr in its associate company -Aeron Systems Private Limited {Aeron) by way of purchasing 39,000 equity shares.
  • Mazagon Dock Shipbuilders Limited dedicates the Third Scorpene Class Submarine of Project 75.
  • Puravankara Limited launches its first ultra-luxury project in Mumbai, ‘Purva Clermont’. This venture will mark its re-entry in the city and its maiden foray into the ultra-luxury category under the WorldHome Collection in the Mumbai Metropolitan Region (MMR).
  • SastaSundar has announced its further entry into the domain of preventive wellness. In this endeavour, the Indian organisation has associated itself with Asics, the Japan based leading sports footwear & apparel MNC.
  • Sterlite Technologies announces addition of JS Deepak to its Board of Advisors.
  • Godrej Properties launched its QIP issue on March 9 and fixed floor price at Rs1,513.39 per share.
  • Max Healthcare Institute closed its QIP issue and finalised issue price at Rs195.40 per share.
  • AU Small Finance Bank launched its qualified institutional placement (QIP) issue on March 9 and fixed the floor price at Rs1,181.06 per share.