What not to miss today

Here are the important news to watch out for today.

Feb 12, 2019 02:02 IST India Infoline News Service

-SGX Nifty is indicating a marginally negative opening for the Indian markets, focus to remain of US-China trade talks later this week. 

-Nifty finds support around 10850, while 10930 acts as resistance on the upside. Bank Nifty finds support around 27050, while 27375 will act as resistance.

-FIIs sold 125cr (cash), bought 274cr in Index Futures.

-Rupee appreciates 13 pasie at 71.18/$. 

-US markets down; Asian up amid geopolitical uncertainty. US stocks drift lower owing to focus on resolution of US/China trade talks as meetings begin in Beijing. Slowdown in US sees oil prices fall further as supply pressure eases. Asian indices opened in the green led by the Japanese Nikkei, which traded higher after a holiday on Monday & gained 300 points in early trade. 

-SC clears decks for ArcelorMittal's bid in Essar Steel insolvency case.

-Sebi to look into sale of pledged shares of Reliance Group's listed companies.

-NCLAT allows 22 IL&FS firms to pay debt.

-Thyssenkrupp, Tata Steel set to get EU warning on steel JV, says report.

-SUUTI to sell up to 3% stake in Axis Bank via OFS; floor price set at Rs 689.52/share.

-Result review: Eicher Motors (PAT up 2.4% misses estimates).

-Results today: Hindalco (down 12.2% yoy), Coal India (PAT up 20.4% yoy), Sun Pharma.

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