What not to miss today

Here are the important news to watch out for today.

Jun 03, 2019 02:06 IST India Infoline News Service

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-Markets to open positive; Nifty support @11829, resistance 11975.

-FIIs bought 676cr (cash), sold 404 in index futures.

-Asian, US markets down amid global economic growth concerns.

-Brent slips to $61/bbl amid demand concerns.

-Biocon fixes June 13 as record date for issue of bonus shares.

-Aviation stocks in focus as IOC cut ATF prices for 1st time in last 5-month.

-OBC's plan to raise Rs3,000cr through QIP gets board approval.

-NCLT approves amalgamation of Indus Towers and Bharti Infratel.

-NCLT approves resolution plan submitted by Tata Steel for acquiring the controlling stake of Bhushan Energy under IBC.

-May Auto Sales: Tata Motors (down 26% yoy at 40,155 units), Maruti Suzuki (down 22% yoy at 1.34 lakh units), M&M (Tractor sales down 16%; Auto sales down 3%), Hero MotoCorp (down 7.7% yoy at 6.52 lakh unit).

-May 30, Somany Ceramics promoter Anushree Chopra sold 28,000 shares.

-From May 29-30 ADF Foods promoters acquired 3.61lakh shares.

-CLSA cut TP on NCC to Rs138, on Sadbhav Infra to Rs320.

-CLS hikes TP on Bharti Airtel to Rs425, on Jagran Prakashan to Rs145.

-HSBC hikes TP on Apollo Hospitals to Rs1,525.

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