Stock market news that you should not miss today

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

December 14, 2020 7:55 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 @13,999, resistance at 13,600.
  • FIIs bought shares worth Rs4195.43cr (cash), sold Rs2359.00cr in index futures.
  • US markets ended mixed on Friday. Asian markets opened in the green on Monday.
  • Brent crude was 0.10% higher at $50.02 per barrel.
  • Hero MotoCorp donates unique First Responder Vehicles (FRVs) to health authorities in Maharashtra.
  • Cipla settles litigation with Celgene Corporation.
  • Yes Bank sold 15 lakh equity shares or 2.56% of total equity in Sical logistics.
  • KEC International has secured new orders of Rs1,438cr across its various businesses.
  • Jindal Steel & Power reports growth of 15% in standalone steel production at 6,14,000 tonnes in Nov 2020 vs. 5,33,000 tonnes in a year-ago period.
  • Moody's investor service reaffirms Muthoot Finance's Corporate Family Rating at Ba2. Outlook has been revised to stable from negative.
  • Power Grid Board of Directors approve payment of interim dividend of Rs5 per equity share for FY21. The dividend will be paid on January 8, 2021.
  • Delta Corp received approval from the Goa Investment Promotion and Facilitation Board for setting up of an integrated resort consisting of hotels, convention centre, multiplex cinema, retail area, electronic casino, water park and other facilities at Pernem, Goa.
  • Adani Power in focus as Maharashtra Electricity Regulatory Commission has announced two consequential orders at the direction of the Appellate Tribunal of Electricity, regarding appeals filed by the company's wholly-owned subsidiary Adani Power Maharashtra.
  • Central Bank of India's Capital Raising Committee approved the proposal for raising capital funds up to Rs500cr.
  • Zuari Global acquires 100% shares of Zuari Insurance Brokers from Zuari Finserv.
  • Union Bank is issuing bonds of maximum Rs1,500cr on private placement basis.
  • Eclerx enters into a interest purchase agreement to acquire 100% stake in Eclipse Global Holdings, a company based in Texas, through its wholly-owned subsidiary eClerx LLC, USA.
  • The Sirpur Paper Mills, a subsidiary of JK Paper, has resumed its production operations at its manufacturing facility at Sirpur-Kaghaznagar, Telangana, which was temporarily suspended.
  • Max Ventures and Industries has issued a continuing guarantee in favour of Catalyst Trusteeship for securing the term loan facility of principal amount of Rs240cr availed by Max Square from IndusInd Bank.
  • Zensar Technologies board has appointed Ajay Bhutoria as CEO and MD-designate after Sandeep Kishore's five-year term ends on January 11, 2021.
  • Bharti Infratel has informed the exchanges of change of name to Indus Towers Ltd. Gets approval from the Registrar of Companies and NCLT of Delhi and Haryana for the name change.

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