Here is the important stock market news to watch out for today.
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Markets to open on a positive note; support @15,459, resistance at 15,750.
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FIIs bought shares worth Rs921.1cr (cash), bought Rs241.76cr in index futures.
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US markets closed flat. Asian Markets opened in the green.
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Brent crude was 0.60% higher at $71.78 per barrel.
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Wipro Limited and Finastra, the largest pure-play software vendor that serves the entire financial services industry, announced a partnership to help corporate banks across Asia- Pacific accelerate their digital transformation.
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Tata Power Solar, India’s largest integrated solar company and a wholly-owned subsidiary of Tata Power, has received a “Letter of Award” (LoA) to build 210 MWp of Solar PV projects for NTPC. The total order value of the projects is approximately ÌNR 686 crore.
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Muthoot Finance reported higher consolidated profit at Rs1,023.76cr in Q4FY21 against Rs835.77cr in Q4FY20, total revenue increased to Rs3,104.5cr from Rs2,630.5cr yoy.
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Panacea Biotec reported consolidated loss at Rs54.14cr in Q4FY21 against Rs68.39cr in Q4FY20, revenue rose to Rs168.27cr from Rs125.36cr yoy.
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Rossari Biotech Limited announced that its Board of Directors has approved the acquisition of Unitop Chemicals Private Ltd (Unitop Chemicals, company). As per the agreement and subject to customary closing conditions, Rossari will be acquiring 100% of the equity capital of Unitop Chemicals.
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Satin Creditcare Network has made loan EMI payments more seamless for its customers by introducing UPI AutoPay. SCNL is the first player in the micro finance segment to go live on this unique functionality.
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Persistent Systems announced plans to expand its relationship with IBM (NYSE: IBM) to help fuel open hybrid cloud adoption, core IT modernization and digital transformation for customers across the enterprise.
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FMR LLC and Fidelity International acquired 39,465 equity shares in Solar Industries via open market transaction on May 31, raising stake in the company to 5.02% from 4.98% earlier.
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