Stock market news that you should not miss today

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

November 18, 2020 07:55 IST India Infoline News Service

Here is the important stock market news to watch out for today.
  • Markets to open on a negative note; support @12751, resistance at 12950.
  • FIIs bought shares worth Rs4905.35cr (cash), sold Rs3829.16cr in index futures.
  • US markets closed lower. Asian markets opened muted.
  • Brent crude was lower 0.57% at $43.50 per barrel.
  • Govt places Lakshmi Vilas Bank under moratorium till December 16, imposes Rs25,000 withdrawal limit. Also, The RBI announced a draft scheme of amalgamation for Lakshmi Vilas Bank with DBS Bank.
  • DLF recognised as an index component of the Dow Jones Sustainability Indices (DJSI) in Emerging markets category.
  • HDFC AMC reduced its shareholding in Tata Steel to 2.96% from 5.02% earlier.
  • Ajanta Pharma's Promoter Ravi P Agrawal, trustee Ravi Agrawal Trust released 7.75 lakh pledged shares.
  • Stolt Nielsen Singapore Pte Ltd acquired 61,11,048 equity shares of Ganesh Benzoplast.
  • Nel Holdings South exited from another prime project - Caesar's Palace - by entering into a settlement agreement with landowners and Caesar's Palace Buyers Welfare Association.
  • Nippon Life India AMC has made submission to the exchanges with respect to the re-classification of Reliance Capital from the ‘Promoter and Promoter Group’ category to ‘Public’ category, after receiving approval from shareholders and SEBI.
  • IIFL Securities to consider share buyback proposal on November 20.
  • IRCTC cancelled running of two Tejas Express trains due to low occupancy levels owing to Covid-19.
  • Aditya Birla Sun Life Mutual Fund reduced its stake to 3.42% from 5.46% in PTC India on November 12.

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