Stock market news that you should not miss today

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

November 03, 2020 7:45 IST India Infoline News Service

Here is the important stock market news to watch out for today.
  • Markets to open on a positive note; support @11,630, resistance at 11,850.
  • FIIs shares worth bought Rs740.61 (cash), sold Rs533.97cr in index futures.
  • US markets closed higher on Monday; Asian markets opened in the green.
  • Oil trades marginally lower at 38.82 USD/bbl.
  • Sun Pharmaceutical Industries and Adani Ports will announce financial results for the second quarter of FY21 on Tuesday.
  • Adani Enterprises commenced Lucknow International Airport operations.
  • Zee Entertainment Enterprises reported lower profit at Rs93.4cr in Q2FY21.
  • NTPC announces buyback of shares worth Rs2,275.7cr. NTPC reported higher standalone profit at Rs3,504.8cr in Q2FY21.
  • Tata Motors recorded higher domestic sales at 49,669 units in October against 39,152 units YoY.
  • Sterlite Tech to acquire 100% stake in Italy’s Optotec for 29 million euros.
  • ICICI Lombard in focus as Competition Commission of India approves acquisition of general insurance business of Bharti Axa.
  • Supreme Petrochem to establish a new line for production of polystyrene which may enhance the production capacity by 80,000 TPA.
  • NCC gets orders worth Rs833cr from mining division of Coal India's arm.
  • National Fertilisers reported Bentonite Sulphur sale up 3.37 times to 11,730 MT, while SSP sales up 2.33 times at 14,726 MT during the April-October period.
  • Prism Johnson Joint Venture Antique Marbonite to close one of its production lines with a 3 MSM per annum capacity due to an ageing, unviable plant.
  • Shipping Corporation of India to consider demerging non-core assets on November 6.
  • Bandhan Bank Board approved re-appointment of Chandra Shekhar Ghosh as managing director and chief executive officer of the Bank till July 2026.
  • Punjab National Bank reported higher profit at Rs620.8cr in Q2FY21.
  • City Union Bank reported lower profit at Rs157.7cr in Q2FY21.
  • Cadila Healthcare reported higher profit at Rs473cr in Q2FY21.

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