Stock market news that you should not miss today

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

Oct 21, 2021 07:10 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 @18,000, resistance at 18,550.
  • FIIs sold shares worth Rs1843.09cr (cash), sold Rs1680.73cr in index futures.
  • US markets closed mixed. Asian Markets opened in the red.
  • Brent crude was trading 0.26% higher at $86.04 per barrel.
  • Tata Communications reported a higher consolidated profit at Rs425.38cr in Q2FY22 against Rs384.48cr in Q2FY21, revenue fell to Rs4,174cr from Rs4,401cr yoy.
  • L&T Finance Holdings reported lower consolidated profit at Rs224.03cr in Q2FY22 against Rs265.12cr in Q2FY21, revenue fell to Rs3,051.82cr from Rs3,408.10cr yoy.
  • Angel Broking reported a higher consolidated profit at Rs134.2cr in Q2FY22 against Rs74.5cr in Q2FY21, revenue jumped to Rs527.34cr from Rs309.85cr yoy.
  • Varroc Engineering: HDFC Asset Management Company acquired a 0.58% stake in the company via open market transactions on October 19, increasing shareholding to 5.11% from 4.53% earlier.
  • INEOS Styrolution India: Nippon Life India Trustee sold 50,000 equity shares in the company via open market transactions on October 18, reducing shareholding to 2.97% from 3.26% earlier.
  • Prince Pipes and Fittings: South Asia Growth Fund II Holdings LLC sold 22.12 lakh equity shares in the company via open market transactions, reducing shareholding to 3.65% from 5.66% earlier.

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