Stock market news that you should not miss today

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

Nov 26, 2021 08:11 IST India Infoline News Service

Here is the important stock market news to watch out for today.
  • Markets to open on a negative note; support @17,216, resistance at 17,800.
  • FIIs sold shares worth Rs2300.65cr (cash), bought Rs1367.8cr in index futures.
  • US markets close for Thanksgiving. Asian Markets open in red.
  • Brent crude was trading 1.36% lower at $81.10 per barrel.
  • Reliance Industries and Saudi Aramco have called off a deal for the state oil giant to buy a stake in the oil-to-chemicals business of the conglomerate due to valuation concerns, as per media reports.
  • Engineers India and Chempolis OY, Finland have signed a strategic alliance for conversion of biomass to green fuels.
  • Tarsons Products will make its debut on the bourses today. The issue price has been fixed at Rs662 per share.
  • Nazara Technologies completed the acquisition of OpenPlay Technologies and OpenPlay has become the wholly-owned subsidiary of the company.
  • Nagarjuna Fertilizers and Chemicals has taken a temporary shutdown of urea production in Plant - I, on November 24 to take up temporary repairs.
  • Indian Oil has paid Rs2,424cr in terms of a dividend tranche to the government. As of now in the current fiscal, the Centre has received Rs20,222cr in terms of dividend from several state-owned entities.
  • Life Insurance Corporation of India bought 79,000 equity shares Aurobindo Pharma via an open market transaction on November 24, increasing shareholding to 5.01% from 4.99% earlier.
  • Visagar Financial Services board has approved sub-division of face value of equity shares from Rs2 to Re 1, and issue of bonus equity shares of Re 1 each in the ratio of 1 share of Re 1 each for every 2 shares of Re 1 each held by members.
  • HDFC Asset Management Company sold 16.58 lakh equity shares in Kirloskar Pneumatic via an open market transaction on November 23, reducing shareholding to 3.62% from 6.19% earlier.
  • Kirloskar Ferrous Industries has agreed to acquire a majority stake in ISMT by subscribing to equity shares of ISMT through preferential allotment and sole control over the ISMT.

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