What not to miss today

Here are the important news to watch out for today.

Feb 14, 2019 02:02 IST India Infoline News Service

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-SGX Nifty is indicating a marginally negative opening for the Indian markets ahead of weekly expiry.

-Nifty finds support around 10750, while 10891 will act as resistance. Bank Nifty finds support around 26750 & finds resistance around 27108.

-In yesterday's trading session, FIIs sold 676cr (cash), bought 397cr in Index Futures.

-US markets gained; Asian trade cautiously amid ongoing US-China trade negotiations. US stocks rally another day as Nasdaq enters bull market, up 20% from recent December lows. Asian indices opened flat after seeing a superb week till now led by the US markets & positive momentum on US/China trade talks. 

-Rupee snaps 6-days gain, ends 10 paise down at 70.80/$.

-RBI clears Yes Bank of divergence.

-IndiGo to cancel 30 flights/day till March-end.

-RBI penalises SBI, BoB, Union Bank of India, Corporation Bank for non-compliance of norms.

-DHFL CEO Harshil Mehta resigns.

-Axis Bank OFS subscribed 3.68 times on Day 2.

-UBS initiated BUY on IEX, TP Rs215.

-HSBC initiated BUY on Reliance Nippon, TP Rs217.

-Results today: ONGC, Ashok Leyland, Jet Airways (India), Indiabulls Real Estate, Glenmark Pharmaceuticals, Voltas, Shree Renuka Sugars, IFCI, Parsvnath Developers.

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