Stock market news that you should not miss today

31 Jan 2022 , 07:40 AM

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

• Markets to open on a positive note; support @17,000, resistance at 17,500.
• FIIs sold shares worth Rs5045.34cr (cash), bought Rs3358.67cr in index futures.
• US markets closed higher. Asian Markets opened in the green.
• Brent crude was trading 1.44% higher at $91.33 per barrel.
• Britannia Industries: The company reported lower profit at Rs369.18cr in Q3FY22 against Rs452.64cr in Q3FY21, revenue increased to Rs3,574.98cr from Rs3,165.61cr yoy.
• Oberoi Realty: The company recorded Consolidated Revenues of Rs846.19cr for Q3FY22 as against Rs768.52cr for Q2FY22 and Rs1,909.48cr for 9MFY22 as against Rs1,289.71cr for 9MFY21. The Consolidated Profit After Tax was Rs467.73cr for Q3FY22 as against Rs266.55cr for Q2FY22 and Rs815.08cr for 9MFY22 as against Rs454.07cr for 9MFY21.
• IndusInd Bank: The bank reported a sharply higher profit at Rs1,161.27cr in Q3FY22 against Rs852.76cr in Q3FY21, net interest income increased to Rs3,793.57cr from Rs3,406.1cr yoy.
• NTPC: The company recorded higher profit at Rs4,626.11cr in Q3FY22 against Rs3,876.36cr in Q3FY21, revenue jumped to Rs33,292.61cr from Rs27,526.03cr yoy.
• L&T: The company recorded lower profit at Rs2,054.74cr in Q3FY22 against Rs2,466.7cr in Q3FY21, revenue jumped to Rs39,562.92cr from Rs35,596.42cr yoy.
• Marico: The company clocked higher profit at Rs317cr in Q3FY22 against Rs312cr in Q3FY21, revenue increased to Rs2,407cr from Rs2,122cr yoy.
• SJVN: The company has bagged order to supply 200 MW of solar power in Bihar for 25 years.
• Hinduja Global Solutions has announced that its subsidiary, HGS International Mauritius, has entered into a definitive agreement to acquire 100% equity stake in Diversify Offshore Staffing Solutions Pty Ltd. (Diversify), Australia. The transaction is expected to close within the next few days.
• Adani Ports: Adani Krishnapatnam Port Limited, wholly owned subsidiary of the Company has signed Share Purchase Agreement on January 28, 2022 with Seabird Marine Services Private Limited, to acquire 100% stake of Seabird Distriparks (Krishnapatnam) Private Limited (“Seabird Distriparks”).