What not to miss today

Here are the important news to watch out for today.

Mar 05, 2019 02:03 IST India Infoline News Service

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-Markets to open lower; SGX Nifty is at 10831, down 17 points. 

-Nifty finds support around 10780, while 10930 will act as resistance. Bank Nifty finds support around 26800, while 27200 will act as resistance on the upside. 

-FIIs bought 198cr (cash), 169cr in the Index Futures.

-US, Asian markets slip as investors sought more details on US-China trade talks. US stocks close lower as profit booking sees trade deal positives get priced in. Asian markets opened weak after overnight US stocks saw sharper than expected correction.

-Donald Trump mulls to end India's Preferential Trade Treatment that allows $5.6bn dutyfree Indian exports to enter the US.

-Tata Motors denies reports of JLR stake sale.

-Govt to sell almost all SUUTI stake in L&T to meet divestment target. Read more

-Central Bank puts Bhushan Power, Essar Steel accounts up for sale to recover bad loan dues.

-ED to review loans sanctioned during former ICICI Bank's MD and CEO Chanda Kochhar’s tenure.

-Aurobindo Pharma completes $300mn deal to acquire 7 oncology products from US-based firm.

-Credit Suisse cut TP to Rs2,700 on Bajaj Auto.

-From Feb 25-26, Tata Motors promoter Tata Sons acquired 1.04cr shares.

-From Feb 25-27, EID Parry promoter group Lalitha Vellayan sold 57,500 shares.

-From Feb 27-28, Alembic promoter Niray acquired 1.37 lakh shares.

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