Stock market news that you should not miss today

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

Sep 02, 2021 07:09 IST India Infoline News Service

Here is the important stock market news to watch out for today.
  • Markets to open on a positive note; support @16,900, resistance at 17,350.
  • FIIs bought shares worth Rs3881.16cr (cash), sold Rs1872.4cr in index futures.
  • US markets closed flat. Asian Markets opened muted.
  • Brent crude was trading 0.71% lower at $71.08 per barrel.
  • Eicher Motors: Royal Enfield sales volume declined 9% to 50,144 motorcycles in August 2021, against 45,860 motorcycles in August 2020.
  • Peninsula Land: Dinesh Jain has resigned as Chief Financial Officer of the company.
  • Mahindra CIE Automotive: ACACIA II Partners LP & Others sold 67,85,291 equity shares in the company via an open market transaction on August 30, reducing shareholding to 4.07 percent from 5.86 percent earlier.
  • Kernex Microsystems (India): Virender Singh & Others acquired over 8.88 lakh equity shares in the company via open market transactions, increasing shareholding to 9.95% from 7.11% earlier.
  • Minda Corporation: Subsidiary Spark Minda Green Mobility Systems has signed Shares Subscription and Shareholders Agreement with EVQPOINT Solutions and its promoters and other ancillary agreements with EVQPOINT including Technology Licence Agreement (TLA).
  • Aashka Hospitals and Vaidehi — Backbone Hospital, Rajkot have agreed to a non-binding Memorandum of Understanding for a tie-up between the two hospitals whereby the management and operations of Vaidehi-Backbone will be integrated with Aashka Hospitals in a phased manner.

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