Stocks in News | Trade Setup for 29.10.2021 | Stocks in News | Pre Market


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Nifty View:

SGX Nifty indicates a slight negative/flat opening for Nifty.

Global Markets are indicating a Mixed bias.

Expect the Market to hold 17800. If breaks it may trigger some more downside moves.

44 of Nifty 50 stocks had closed in Red last day. Foreign institutional investors (FIIs) sold net shares worth Rs 3818.51 crore, while domestic institutional investors (DIIs) net bought shares worth Rs 836.6 crore.

Key support to Nifty is placed at 17,800 followed by 17,680. Important resistance at 18,000 followed by 18,130.

Stock In News: 

KKCL : Results & Bonus4:1 Bonus Issue ( 4 Bonus shares for every 1 share


Chalet Hotels Ltd to convert In orbit Mall Whitefield to Commercial Office space


Lloyds Steels Industries approves preferential allotment


Thambbi Modern Spinning Mills Ltd board approves demerger proposal


RAIN: India Ratings Revises Rain Industries' Outlook to Stable, affirms 'INDA'


IRCTC: To share proceeds of service charge on e-ticketing with lndian Railways. The revenue earned from convenience fee collected by IRCTC to be shared in the ratio of 50:50 w.e.f November 1, 2021, Ministry of Railways said


NTPC: The company’s installed capacity stood at 66,900 MW in Q2 FY22 Vs 62,910 MW in the same quarter last year


Suprajit Engineering: To acquire light duty cable business unit of Kongsberg Automotive ASA


Manappuram Finance: To consider raising funds via issuance of various debt securities or through issue of Commercial Papers in November 2021


Amara Raja Batteries: Andhra Pradesh High Court court has extended APPCB suspension


Dabur India: To consider raising bond issue limit to Rs 500 crore in November 2 meeting


Wipro: The company in partnership with Oracle launched Wipro Tollway Transportation and Billing solution to enhance commuters’ experience while improving profitability for tollway authorities


Infosys: The company and bp, a global integrated energy company have agreed to develop and pilot an energy as a service solution