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Nifty View:
SGX Nifty indicates a gap-down opening for Nifty.
Nifty had formed a bearish candle on daily basis.
17,480 and 17,380 are the key support of Nifty while 17,730 is the important resistance to watch for.
34 of Nifty 50 stocks had closed in Red last day. FIIs were net buyers of 1552Cr and DIIs were net sellers in the market, worth 1398Cr last day.
Global sentiments are negative indicates weakness ahead.
Stock In News
Stocks To Watch
Wipro: Company has announced setting up a new co-innovation space with Google Cloud. The innovation arena will be based in Bangalore and used to provide in-house technical expertise for cloud adoption and acceleration of business transformation for customers.
Indian Oil: Efforts are being made at the Barauni refinery in eastern India to restart the crude processing unit after a blow-up incident on Sept. 16 injured 19 people. Startup of operations of remaining process units from the planned maintenance shutdown is proceeding as per schedule, a company statement said.
Intellect Design Arena: Announced a strategic partnership with Resurs Bank for a new cloud-based banking platform. Intellect will be implementing its microservices-based digital banking solution IDC and iKredit460 to optimize processes and operations.
Sobha: Chief Financial Officer Subash Mohan Bhat has resigned. He will continue in his position till a new CFO is appointed.
Bajaj Holdings: Board has approved an interim dividend of Rs 90 per equity share. The record date for the interim dividend will be Sept. 29, 2021.
Shipping Corp: India's government has approved a plan to form a new unit after demerger. The resulting unit will be a wholly-owned subsidiary of the company.
Adani Ports: Approves issue of Rs 1,000 crore of debentures.
Cadila Healthcare: Gets U.S. FDA approval to market antidepressant pills
IRB Infrastructure: Sindhudurg airport gets Airodrome license
Rail Vikas Nigam: Gets Rs 1,035 crore contract for Indore Metro Rail project
Tourism Stocks : Sources says India Visa To Open within 10 days
AVIATION STOCKS : Now No IGST On Import of Leased Aircraft
