Stock market news that you should not miss today as per IIFL

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

• Markets to open on a flat note; support @11,144, resistance at 11,350.
• FIIs bought shares worth Rs332.9cr (cash), sold Rs717.62cr in index futures.
• US markets close mixed; Asian markets opened flat.
• Oil trades lower at 45.19 USD/bbl.
• RBI lifted regulatory restrictions on the remuneration of Bandhan Bank's Managing Director and CEO; with this, all the regulatory restrictions imposed by the central bank are now withdrawn.
• RBL Bank to consider raising of funds by issuing equity shares on a preferential basis on Aug. 20.
• Zee Entertainment Enterprises may post a sharp drop in net profit in the quarter ended June as Covid-19 pandemic-induced lockdown significantly hurt advertising demand. The company is slated to announce its June quarter earnings on Tuesday.
• SEBI has imposed a penalty aggregating to Rs 10 Lakh on State Bank of India for non-compliance of mutual fund regulations with the directions issued by the SEBI in the case of holding, more than prescribed limit, equity shares of UTI AMC Ltd and UTI Trustee Company Pvt. Ltd.
• Telecom stocks: Supreme Court adjourns telecom dues case to Aug. 19.
• Jump Networks will grow its proprietary blockchain platform across India by partnering and investing with MOS Utility.
•  Delta Corp's temporary suspension of operations has had an impact on the revenue of casino and hospitality business but the online skill gaming business continues to operate and grow, the company said.
• Bharti Airtel Commercial papers issued on May 18 have been paid by the company on August 17 (on the maturity date).
• Triveni Engineering approved Rs65cr buyback through the tender offer process at a price of Rs105 per share.
• Canara Bank to exercise the call option for the redemption of 8.62% unsecured redeemable subordinate non-convertible upper tier-II bonds series III amounting to Rs1,000 crore subject to approval from RBI.
• Tata Steel fixes Aug. 28 as the record date for redemption of commercial papers worth Rs1,150cr.
• ICRA Ratings assigned AA- rating to Punjab National Bank's Base III Compliant Tier II bonds and Basel II compliant lower Tier II bonds.
• Quess Corp to disinvest 100% stake in its wholly-owned subsidiary Dependo Logistics Solutions Private Limited in an all-cash deal.
• Emami Promoters Diwakar Viniyog Pvt, Suraj Viniyog Pvt and Bhanu Vyapaar Pvt released 40,100 pledged shares.
• Ajanta Pharma Promoter Ravi Agrawal and Trustee Ravi Agrawal Trust released 10.5 lakh pledged shares.