What not to miss today

Here are the important news to watch out for today.

Jan 14, 2019 02:01 IST India Infoline News Service

-Markets to open flat; Nifty support @10700, resistance 10870.

-n Friday’s trading session FIIs sold 687 crores stock in the cash market, whereas DIIs bought 123 crores worth of stock. In the derivative market, FIIs sold 539 crores of Index futures and bought 218 crores worth of Index options. .

-Asian markets mixed as investors awaited Chinese trade data. 

-Brent oil drops to $60/bbl on global growth worries.

-Cadila gets final approvals from USFDA for two drugs.

-Infosys announced a buyback of Rs8,260cr under the open market route at a maximum price of Rs800 per share. Read more

-RBI warns of surging NPAs under Mudra Yojana. Read more

-LIC’s market share falls below 70%.

-Yes Bank announces Brahm Dutt as non-executive part-time chairman. Read more

-Trump promises potential US citizenship to H1-B visa holders.

-JP Morgan maintains Overweight on Infosys, TP Rs750.

-Results today: Indiabulls Ventures, ICICI Securities, Supreme Infrastructure, Tata Metaliks, Prakash Industries.

-Result review: Infosys (PAT down 12.2% qoq, misses estimates), Avenue Supermarts (PAT up 2.1% yoy, misses estimates).

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