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Stock market news that you should not miss today

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

October 20, 2021 7:40 IST India Infoline News Service

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Here is the important stock market news to watch out for today.
  • Markets to open on a positive note; support @18,000, resistance at 18,650.
  • FIIs sold shares worth Rs505.79cr (cash), sold Rs2578.22cr in index futures.
  • US markets closed higher. Asian Markets opened in the green.
  • Brent crude was trading 0.53% lower at $84.63 per barrel.
  • ACC reported a sharply higher standalone profit at Rs449.04cr in Q2FY22 against Rs363.09cr in Q2FY21, revenue rose to Rs3,748.90cr from Rs3,537.31cr yoy.
  • ICICI Prudential Life Insurance Company reported a higher standalone profit at Rs444.57cr in Q2FY22 against Rs303.22cr in Q2FY21, net premium income increased to Rs9,286.53cr from Rs8,572.19cr yoy.
  • Deepak Fertilisers & Petrochemicals Corporation launched a qualified institutional placement issue on October 19 and approved the floor price for the same at Rs422.48 per equity share.
  • Navin Fluorine International reported lower consolidated profit at Rs63.22cr in Q2FY22 against Rs67.81cr in Q2FY21, revenue rose to Rs338.95cr from Rs318.92cr yoy. Ketan Sablok resigned as Chief Financial Officer and a Key Managerial Personnel of the company. Basant Kumar Bansal is appointed as Chief Financial Officer and a Key Managerial Personnel of the company.
  • L&T Technology Services reported a higher consolidated profit at Rs230cr in Q2FY22 against Rs216.2cr in Q1FY22, revenue rose to Rs1,607.7cr from Rs1,518.4cr qoq.
  • Nestle India reported higher profit at Rs617.3.7cr in Q3CY21 against Rs587.09cr in Q3CY20, revenue rose to Rs3,882.6cr from Rs3,541.7cr yoy.

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