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Nifty View:
SGX Nifty indicates a gap-down opening for Nifty.
Global Markets are indicating a Negative bias.
Nifty had formed a bullish candle on daily basis.
36 of Nifty 50 stocks had closed in Green last day. Foreign institutional investors (FIIs) and domestic institutional investors (DIIs) were net buyers worth Rs 860 and 228 crores respectively.
Key support to Nifty is placed at 17,460 followed by 17,350. Important resistance at 17,600 followed by 17,700.
Stock In News:
Mercator: Company disclosed that it has defaulted on loan and interest repayments worth Rs 1,011.4 cr
ICICI Lombard General Insurance: Societe Beaujon, AXA Group's French investment holding company will sell 1.75 crore shares representing a 3.8% stake
HFCL: Won Order worth 288 Cr From Railtel For Setting Up Of Secured Optical Packet Switched Network For Defence Forces
PTC Industries board approves rights issue
Vedanta: Q2 Total Aluminium Production Up 21% (YoY), Mined Metal Production Up 4%(YOY)
Adani Green: Founder Gautam Adani said that the conglomerate would invest a fresh $20 billion in its green value chain over the next decade
Hindustan Zinc: Mined Metal Production For Q2 Was Up 4%
M&M Financial Services: Sept Total Disbursement Up 23% (Yoy), Collection Efficiency Was At 100% For Sept
Gufic Biosciences: Approved Proposal To Increase Capex Of 200Cr
RVNL: Entered MoU With Tata Steel For Infrastructure Projects
JSW Energy: Co Signs 591 MW Wind Turbine Procurement Contract With Senvion India