Stock market news that you should not miss today

23 Mar 2022 , 07:51 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 bought shares worth Rs384.48cr (cash), sold Rs602.05cr in index futures.
• US markets close higher. Asian Markets open in the green.
• Brent crude was trading 0.62% higher at $116.20 per barrel.
• Adani Ports and Special Economic Zone: Its cargo volumes accelerated to 300 million metric tonnes. The largest transport utility is on course to achieve 500 MMT by 2025.
• Brigade Enterprises: The south-based real estate company has entered into the plotted development space with a 66-acre residential project in Devanahalli, Bangalore. The project is a strategic joint development that will offer plot sizes ranging from 1,200 square feet to 2,400 square feet.
• RailTel Corporation of India: The company has received a work order from Rail Vikas Nigam (RVNL) for installation of RailTel's MPLS-VPN services for 5 years. The work order is worth Rs11.57 crore.
• Infosys: The country's second-largest IT services company will acquire oddity, a Germany-based digital marketing, experience, and commerce agency. Oddity will become part of WONGDOODY, an Infosys company, and join its network of studios across Seattle, Los Angeles, New York, Providence, Houston, and London, and design hubs in five cities in India.
• Tata Consultancy Services: The buyback issue of the company will close on March 23. It was opened on March 9. The company had planned to buy back up to 4 crore equity shares from eligible shareholders.
• Bhansali Engineering Polymers: The company has received consent, from the MP Pollution Control Board, for expansion of high rubber graft - HRG (rubber rich acrylonitrile butadiene styrene) from 15000 TPA to 50000 TPA for Satnoor plant at Chhindwara in Madhya Pradesh.
• Kirloskar Pneumatic Company: The company has converted about 5.58 lakh square metres Government Grant land at Eklahare, Nashik Road, Maharashtra, to Freehold Land at a cost of approximately Rs58 crore as per the order of Nashik Collector, to meet its future growth requirements.