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Nifty View:
SGX Nifty indicates a slight positive opening for Nifty.
Again for the 6th day in a row, Nifty formed an indecisive candle on daily basis, with a continuation to consolidation.
We have been discussing the 17,280 - 17,430 range, watch it for today too for a sustained move on either side.
Yesterday Nifty struggled to sustain above 17,430. Where huge resistance was seen.
Violation Below 17,350 may leads to 17,280 followed by 17,200 levels. Overall Global sentiments are slightly Negative.
32 of Nifty 50 stocks had closed in Green yesterday. DIIs were net sellers of 310.31cr and FIIs were net buyers of 1649.6 cr last day.
Without Heavy Weight's support, Nifty had formed a fresh All-time high yesterday. ZEE had shot up 40% yesterday.
Stock In News
HCL Technologies: signed a pact with South Korean software company HANCOM Inc to share advanced software technology solutions and establish a mutual bridgehead for overseas expansion.
Jindal Steel & Power: CRISIL has upgraded its rating from 'A' with 'stable' outlook to 'A+' with 'Positive' outlook on the long term bank facilities and from "A2+" to "Al+" for short term bank facilities of the company.
Tata Steel: announced the commissioning of a carbon capture unit at its plant in Jamshedpur. The unit can capture five tonnes of carbon per day, the company said.
Yes Bank: The private sector lender and six persons settled with Sebi a case pertaining to alleged selective disclosure of asset quality, after paying Rs 1.65 crore towards settlement amount.
Hindustan Aeronautics and Rolls-Royce signed an agreement for Make-in-India Adour engine parts to support the latter's international defense customer base.
BLS International: company said it has been empanelled for processing Ayushman Bharat cards under Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) by the National Health Authority.
Reliance Infrastructure: The Anil Ambani Group company will receive Rs 7,100 crore from the Delhi Metro Rail Corporation (DMRC) after a recent Supreme Court judgement, the company's chairman Anil Ambani told.
