Stock market news that you should not miss today

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

December 31, 2020 7:50 IST India Infoline News Service

Here is the important stock market news to watch out for today.
  • Markets to open on a flat note; support @13,854, resistance at 14,090.
  • FIIs bought shares worth Rs1824.52cr (cash), sell Rs587.43cr in index futures.
  • US markets ended higher. Asian markets opened muted.
  • Brent crude was 0.49% higher at $51.34 per barrel.
  • Vedanta Limited emerged as the highest bidder for the Radhikapur West coal block, located in Angul district, Odisha
  • Indian Bank further raised Tier 1 Capital Fund through Private Placement of Basel Ill compliant AT 1 Perpetual Bond aggregating to Rs392cr.
  • Adani Green Energy: Adani Solar Energy Kutchh Two Pvt. Ltd., the company’s wholly-owned subsidiary, has commissioned a 100 MWac Solar Power Project at Khirsara, Gujarat, ahead of its scheduled Commercial Operation Date according to its 25-year-long Power Purchase Agreement with the Gujarat Urja Vikas Nigam India.
  • Filatex India completed and commenced commercial operations of proposed installation of captive rooftop solar power generation of 1.0 MW at Dahej and 0.4 MW at Dadra
  • FDC plans to expand its production capacity by the installation of an additional BFS machine.
  • Zota Health Care’s subsidiary Davaindia Health Mart is going to open its very first COCO (Company Owned Company Operated) store of DAVAINDtA in Surat
  • Ramco Cements invests in Lynks Logistics Limited by way of subscribing to 2,48,57,173 equity shares of Rs.1/- each, through their Rights Issue.
  • Kalpataru Power Transmission Limited (KPTL) secured new orders / notification of award of about Rs900cr 
  • Shriram Transport Finance’s board approved and allotted senior secured rated, listed redeemable NCD on a private placement basis.
  • Sangam India’s board approved allotment of 40 lakh equity shares at a price of Rs 50 per equity shares amounting to Rs 20cr.
  • ICRA upgraded Fortis Healthcare’s long-term rating for the line of credit of the company's subsidiaries- SRL Limited and SRL Diagnostics Private Limited.
  • NCLT approves the scheme of arrangement between Ortin Laboratories and Vineet Laboratories and their respective shareholders and creditors.

Related Story

Get Access to Stock Reports+ and Customised Investment Ideas