Stock market news that you should not miss today

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

November 02, 2021 7:35 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 flat to positive note; support @17,650, resistance at 18,250.
  • FIIs sold shares worth Rs202.13cr (cash), bought Rs116.01cr in index futures.
  • US markets closed with gains. Asian Markets opened mixed.
  • Brent crude was trading 0.40% higher at $85.05 per barrel.
  • Tata Motors posted a loss of Rs4,415.5cr in Q2FY22 against a loss of Rs307.3cr in Q2FY21, revenue jumped to Rs61,378.8cr from Rs53,530cr yoy.
  • Hero MotoCorp sold 5.48 lakh units in October 2021 against 8.07 lakh units sold in October 2020.
  • Eicher Motors: Royal Enfield sales fell to 44,133 units in October 2021, against 66,891 units in October 2020.
  • Muthoot Finance: RBI canceled the company's White Label ATMs business license.
  • Yes Bank completed the transaction for the sale of a stake in YES Asset Management and YES Trustee to GPL Finance & Investments.
  • PI Industries: Since Ind Swift Laboratories has not been able to complete several of pre-agreed conditions precedents, the Business Transfer Agreement with Ind Swift stands terminated.

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