Stock market news that you should not miss today

21 Jan 2022 , 07:40 AM

Here is the important stock market news to watch out for today.

• Markets to open on a negative note; support @17,550, resistance at 17,950.
• FIIs sold shares worth Rs4679.84cr (cash), bought Rs769.26cr in index futures.
• US markets closed lower. Asian Markets opened weak.
• Brent crude was trading 2.59% lower at $86.609 per barrel.
• Hindustan Unilever: The company reported higher profit at Rs2,243cr in Q3FY22 against Rs1,921cr in Q3FY21, revenue jumped to Rs13,092cr from Rs11,862cr yoy.
• VST Industries: The company reported a higher profit at Rs82.72cr in Q3FY22 against Rs73.71cr in Q3FY21, revenue rose to Rs431.48cr from Rs380.4cr yoy.
• Cyient: The company reported higher profit at Rs131.8cr in Q3FY22 against Rs95.4cr in Q3FY21, revenue rose to Rs1,183.4cr from Rs1,044.3cr yoy.
• Havells India: The company reported lower consolidated profit at Rs305.82cr in Q3FY22 against Rs350.14cr in Q3FY21, revenue jumped to Rs3,664.21cr from Rs3,175.2cr yoy.
• Reliance Industries will announce its quarterly earnings on Friday.
• Container Corporation of India: The company reported higher consolidated profit at Rs283.39cr in Q3FY22 against Rs233.07cr in Q3FY21, revenue jumped to Rs1,938.03cr from Rs1,766.89cr yoy.
• Vimta Labs: The company reported higher consolidated profit at Rs11.68cr in Q3FY22 against Rs8.07cr in Q3FY21, revenue rose to Rs67.34cr from Rs58.67cr yoy.
• Surya Roshni: The company received orders of Rs123.17cr for ERW line pipe (API SL GRADE) and MS bare pipe 3LPE coated.
• Mphasis and CrossTower partner to develop a Center of Excellence in Web 3.0 and Blockchain technologies
• Aditya Birla Sun Life AMC Limited receives approval from International Financial Services Centres Authority (IFSCA) to carry out Portfolio Management Services from GIFT City, Gandhinagar.