Stock market news that you should not miss today

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

May 11, 2021 7:50 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 @14,750, resistance at 15,150.
  • FIIs bought shares worth Rs583.69cr (cash), sold Rs476.26cr in index futures.
  • US markets closed with losses. Asian Markets opened in the red.
  • Brent crude was 0.72% lower at $67.83 per barrel.
  • NXT DIGITAL and SITI Networks Limited, one of India's largest Multi-System Operators (MSO), have announced a first-ever Infrastructure sharing agreement in the MSO space in the country.
  • JMC Projects reported consolidated profit at Rs41.44cr in Q4FY21 against a loss of Rs54.76cr in Q4FY20, revenue rose to Rs1,392.22cr from Rs976.28cr yoy. The company approved the appointment of Azad Shaw as a Chief Financial Officer.
  • HFCL reported higher consolidated profit at Rs84.67crin Q4FY21 against Rs5.78cr in Q4FY20, revenue rose to Rs1,391.4cr from Rs663.19cr yoy.
  • HSIL reported profit at Rs33.02cr in Q4FY21 against Rs3.38cr in Q4FY20, revenue jumped to Rs633.21cr from Rs461.03cr yoy.
  • Chambal Fertilisers and Chemicals reported sharply higher profit at Rs447.89cr in Q4FY21 against Rs197.5cr in Q4FY20, revenue fell to Rs1,640.76cr from Rs1,969.09cr yoy.
  • Paushak reported higher profit at Rs11.01cr in Q4FY21 against Rs6.37cr in Q4FY20, revenue increased to Rs38.74cr from Rs29.28cr yoy.

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