Stock market news that you should not miss today

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

Jun 25, 2020 07:06 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 negative note; support @10,200, resistance 10,500.
  • FIIs bought shares was worth ~Rs1,766.9cr (cash), sold Rs1,524.9cr in index futures.
  • US markets end lower; Asian indices opened weak.
  • Brent crude trades lower at USD39.81/bbl.
  • Indian economy will contract by 4.5% this fiscal, as per IMF.
  • RBI instructs lenders to adhere to fair business practices
  • Bharti Infratel extends long stop date for Indus Towers deal till August 31.
  • CCI approves acquisition of 9.99% stake in Reliance Industries Jio Platforms by Facebook’s arm Jaadhu Holdings.
  • BPCL to raise Rs3,000cr during fiscal 2021 via NCDs.
  • Indian Oil Corporation's Paradip refinery will be shut for maintenance and the company expects refineries to achieve 100% utilization by the end of the year.
  • Andhra Paper Promoter International Paper Investments to sell 39.77 lakh shares (10% equity) through an OFS, with an option to sell an additional 28.64 lakh shares (7.2% equity).
  • Page Industries' said about Covid-19 impact that operations at all 15 manufacturing facilities resumed on different dates starting May 4.
  • Fitch Ratings revises the outlook on PFC & REC to negative from stable. Long-term Foreign-Currency Issuer Default Rating affirmed at BBB-.
  • Blackstone Group has raised $302 million through a minority stake sale of Embassy Office Parks REIT, mostly to pay back its investors, as per Bloomberg News reports .
  • India Glycols Board approved raising Rs250cr via equity.
  • Results today: Apollo Hospitals Enterprises, Ashok Leyland, Bank of India, Container Corporation of India, Endurance Technologies, Engineers India, Future Supply Chain Solutions, Galaxy Surfactants, Gravita India, Hindustan Aeronautics, Indiabulls Ventures, ICRA, IDFC, Indian Terrain Fashions, Insecticides India, Indian Overseas Bank, JB Chemicals, Lincoln Pharmaceuticals, Prince Pipes and Fittings, Sintex Industries, Somany Ceramics, Star Cement, TTK Prestige, V2 Retail, Varroc Engineering, Zuari Global.

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