Here is the important stock market news to watch out for today.
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Markets to open on a negative note; support @14,400, resistance at 15,000.
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FIIs bought shares worth Rs1258.47cr (cash), sold Rs1116.17cr in index futures.
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US markets closed lower on Thursday. Asian Markets opened in the red on Friday.
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Brent crude was 0.27% higher at $63.45 per barrel.
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Cipla announced that it has pledged support to ‘Terra Carta’, a landmark charter that has been drawn up to put sustainability at the heart of the private sector.
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GAIL and Ranchi Municipal Corporation sign agreement for setting up Compressed Biagas plant.
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Indo Count Plans Brownfield Expansion/Modernization of existing capacities with capex of Rs200cr.
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Godrej Industries: ICRA has assigned 'AA' rating to the company's proposed issue of non-convertible debentures of up to Rs1,500cr.
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Hathway Cable & Datacom entered into an agreement for disposing its entire 50% i.e. 5,000 equity shares having face value of Rs10 each of Net 9 Online Hathway, a joint venture company, on March 18. The company has received a consideration of Rs99 lakh after selling stake in the joint venture company, said Hathway in its BSE filing.
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RattanIndia incorporated a wholly owned-subsidiary named as Neotec Enterprises Limited.
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Nitco Limited (Nitco) issued an update on creation of Dealer Portal and New Franchise Showrooms opened in last 3 months.
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Vaibhav Global: Shop TJC Limited, UK., a step-down subsidiary of the Vaibhav Global Limited has acquired Shop LC GmbH, Germany (100% subsidiary).
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MBL Infrastructures: Completion of additional length of 9.780 km of the project of Suratgarh -Bikaner Section NH-62 on DBFOT basis.
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Zuari Agro Chemicals: NPK B Plant has been shut down due to delay in the arrival of raw materials.
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Deepak Nitrite: CRISIL has upgraded long-term rating outlook for bank loan facilities of Rs750cr of the company, from 'AA-/Positive' to 'AA/Stable.