What not to miss today

Here are the important news to watch out for today.

May 15, 2019 02:05 IST India Infoline News Service

-Markets to open flat; Nifty support 11150, resistance 11440.

-FIIs sold 2012cr, 702cr in Index futures.

-Asian markets mixed; US up after Trump reassures that he will clinch a deal with China.

-Rupee gains 7 paise at 70.44/$.

-RBI names R. Gandhi as director on Yes Bank board.

-Jet Airways’ Vinay Dube resigned as the CEO with immediate effect, citing personal reasons.

-Sun Pharma, Dr Reddy’s, Wockhardt, and Glenmark clarify on reports of US states filing lawsuit against generic drug firms.

-Tata Sons is set to transfer all its branded food businesses to Tata Global Beverages from Tata Chemicals, media reports said.

-From May 6-8, Dabur India promoters acquired 50,000 shares.

-CLSA cut TP on Westlife Development to Rs450.

-UBS hikes TP on SRF to Rs2,760 on SRF.

-Result review: Nestle India (Q1FY20 PAT up 9.2% yoy, at Rs463.3cr), Pidilite Industries (PAT down 3.7% yoy, at Rs235.1cr).

-Results today: Lupin, Jubilant FoodWorks, Aarti Drugs, Alembic, Amara Raja Batteries, Phoenix Mills, J&K Bank, Adani Green Energy.

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