Here is the important stock market news to watch out for today.
- Markets to open on a flat to positive note; support @17,216, resistance at 17,800.
- FIIs sold shares worth Rs4477.06cr (cash), bought Rs1412.05cr in index futures.
- US markets close mixed. Asian Markets open mixed.
- Brent crude was trading 0.06% higher at $82.36 per barrel.
- Himadri Speciality Chemical: ICRA has downgraded the long-term rating to A+ from AA-, and also downgraded the short-term rating to A1 from A1+. The outlook on the long-term rating has been revised to Stable from Negative.
- Poonawalla Fincorp: Sanjay Chamria, Executive Vice Chairman of the company has stepped down from the board of directors of the company after serving as the co-founder since the inception of the company.
- Srikalahasthi Pipes: National Company Law Tribunal approved the Scheme of Amalgamation of the company with Electrosteel Castings with effect from the appointed date of October 1, 2020.
- Balaji Amines: Production in the DMF plant has started after carrying out all the rectifications. On October 6, the DMF plant was shutdown because of a minor incident.
- Coal India: The board meeting of the company will be held on November 29 to consider and approve payment of interim dividend for 2021-22, if any.
- Polo Queen Industrial and Fintech: The company approved sub-division of one equity shares of face value of Rs10 each into five equity shares of face value of Rs2 each.
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