Nifty View:
SGX Nifty indicates a positive opening for Nifty.
Nifty had formed a bearish candle on daily basis.
30 of Nifty 50 stocks had closed in Red last day. Foreign institutional investors (FIIs) net bought shares worth Rs 442.59 crore, while domestic institutional investors (DIIs) net sold shares worth Rs 515.85 crore.
Global trends indicating that the bull run is not over yet.
17,950 and 17,990 will be acting as key resistance whereas 17,800 and 17,680 will be a key support for Nifty. Watch for Nifty to consolidate in between.
Stock In News
Orient Cement: The company has identified land admeasuring approximately 35 acres in Maharashtra, for establishing a Cement Grinding Unit. In this regard, Orient Cement has entered into a non-binding MoU with Adani Power Maharashtra, the lawful lessee, for facilitating bona fide use of the land for setting up CGU.
Kalpataru Power Transmission:Won Arbitration Award
NBCC has secured an order of 968.50 cr
Balkrishna Ind Approved raising of 1000 crs in board meeting held on sep 25
PG Electroplast applies for the PLI scheme, commits Rs 300 crore Capex
Indowind Energy: Board Meeting On Sept 29 To Consider Issue Of Equity Shares By Rights Issue
Puravankara announces Credit Rating Upgrade by India Ratings and Research
Nahar Spinning Mills CRISIL upgrades long term rating of
AstraZeneca Pharma India Ltd receives import and market permission for Selumetinib 10 Mg & 25 Mg Capsule
SJVN: The company has bagged a 1000 MW solar power project worth 5500cr
EKI Energy Services: The company has opened three new international business points in Thailand, Jordon, and Indonesia, to meet the growing demand of services related to carbon credits. With this, the company now has a presence in 12 countries.
Ramkrishna Forgings: Wins Order
Dalmia Bharat: Dalmia Cement Bharat Ltd commences commercial production of Line 2 at its Kapilas Cement Manufacturing Works, Cuttack
Biocon: USFDA Issues 6 Observation After Inspection Of Co's Malaysian Arm
United Breweries: CCI has imposed a penalty of Rs 750 cr
Shoppers Stop: Shoppers Stop aims to launch new private labels that would cater to emerging lifestyle needs and more than double the private labels business over the next 12 months.
