Here is the important stock market news to watch out for today.
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Markets to open on a negative note; support @11,535, resistance at 11,800.
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FIIs shares worth sold Rs870.88 (cash), bought Rs631.11cr in index futures.
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US markets closed lower on Friday; Asian markets opened in the green.
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Oil trades lower at 36.82 USD/bbl.
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HDFC and NTPC will announce quarterly financial results on Monday.
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Reliance Industries reported consolidated profit at Rs9,567cr in Q2FY21.
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Maruti Suzuki India Limited posted total sales of 182,448 units in October 2020. This is a growth of 18.9% over the same period of previous year.
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Hero MotoCorp sold 806,848 units of motorcycles and scooters in October 2020 – its highest-ever sales in any single month.
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ICICI Bank reported sharply higher profit at Rs4,251.3cr in Q2FY21.
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Grasim Industries has executed agreements with Lubrizol Manufacturing India Private for production of chlorinated polyvinyl chloride (CPVC) resin in India.
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Just Dial reported lower consolidated net profit at Rs47.34cr.
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CRISIL upgraded Aarti Industries long-term rating to AA/stable from AA-/positive.
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UPL reported profit at Rs537cr in Q2FY21.
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DLF reported consolidated net profit at Rs232cr.
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Axis Bank has revised its stake acquisition agreement with Max Financial.
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Coal India's production for the month of October up 18.7% to 46.8 MT. Offtake up 25% from last year to 50.5 MT.
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Sun Pharma announced five-year sustained efficacy and safety results for Ilumya in patients with moderate-to-severe plaque psoriasis.
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FDC launched stronger version of its Favipiravir brands used to treat mild to moderate cases of Covid-19.
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CRISIL has reaffirmed its rating on Escorts' long-term bank facilities at CRISIL AA-, while the outlook is revised to positive from stable.
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CRISIL upgraded long-term ratings of Aarti Industries to CRISIL AA from CRISIL AA-.
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Embassy Office Park REIT included in the S&P Global Property Index and S&P Global REIT index.
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V-Mart Retail opened seven new stores in Bihar, Rajasthan, Assam and Uttar Pradesh, while it has closed two stores in West Bengal.
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United Breweries clarified that it has not received any communication from the Official Liquidator, Karnataka, regarding the winding up of United Breweries (Holdings) - one of the promoter sharehoders.
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Atul Auto has increased its stake in Khushbu Auto Finance from 30% to 100% for a cash consideration of Rs44.57cr.
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Wheels India has started production at its newly commissioned cast aluminium wheel plant at Thervoy Kandigai in Tamil Nadu.
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Zee Media Board gave in-principle approval for raising Rs300cr via NCDs and issue of 15.5 crore compulsorily convertible preference shares worth Rs90cr to Miloeux Media & Entertainment.
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Cochin Shipyard's Madhu Nair’s tenure as chairman and managing director of the company has been extended till January 2026.
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Siti Networks defaulted on principal worth Rs64cr and interest worth Rs13cr due to HDFC, IDBI Bank, SCB, RBL Bank, Axis Bank, Kotak Mahindra Bank and IndusInd Bank.
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The National Housing Bank has imposed a penalty of Rs1.9cr on PNB Housing Finance, plus 18% GST for non-compliance with certain regulations.
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Eicher Motors closes the business transfer agreement between Volvo Group India and VECV, post the receipt of all regulatory approvals.
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Reliance Capital Bondholders are seeking expression of interest by December 1 from bidders that may seek to purchase stakes in certain subsidiaries and investments.
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Motilal Oswal Financial Services' Motilal Oswal has been re-appointed as chief executive officer and managing director till January 2026.
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