Stock market news that you should not miss today

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

Sep 15, 2021 08:09 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 @17,300, resistance at 17,475.
  • FIIs bought shares worth Rs1649.6cr (cash), sold Rs310.31cr in index futures.
  • US markets saw profit-booking. Asian Markets opened weak.
  • Brent crude was trading 0.38% higher at $73.88 per barrel.
  • Setco Automotive: 16.25% stake pledged by promoter entity Setco Engineering against the loan taken has been released.
  • Liberty Shoes: Investor Seetha Kumari sold a 2.57% stake in the company via open market transactions, reducing shareholding to 2.73% from 5.3% earlier.
  • Power Finance Corporation: UBS Group AG increased its stake in the company to 5.67% from 3.4% earlier, through the rights issue.
  • LIC Housing Finance: Life Insurance Corporation of India's stake in the company increased to 45.239% from 40.313% post preferential allotment.
  • Jindal Steel & Power: CRISIL has upgraded its rating from 'A' with 'stable' outlook to 'A+' with 'Positive' outlook on the long term bank facilities and from "A2+" to "Al+" for short term bank facilities of the company.
  • Dynacons Systems & Solutions: The company won an e-governance contract worth Rs7.46cr for development & management of GMDMA website, disaster management app and command & control system along with comprehensive maintenance of automatic weather stations, flow level sensor from the Municipal Corporation of Greater Mumbai.

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