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Nifty View:
SGX Nifty indicates a positive opening for Nifty.
Global Markets are indicating a Positive bias.
41 of Nifty 50 stocks had closed in Red last day. Foreign institutional investors (FIIs) sold net shares worth Rs 1637.5 crore, while domestic institutional investors (DIIs) net bought shares worth Rs 445.76 crore.
Key support to Nifty is placed at 17,790 followed by 17,630. Important resistance at 18,080 followed by 18,150.
Stock In News:
J. Kumar Infraprojects receives LOA for Navi Mumbai Metro Rail Project
NTPC Ltd commissions Unit-1 of Barh Super Thermal Power Station Stage-I
Finolex Cables enters room heaters segment - launches a wide array of high-performance products
Transcorp International gets RBI approval for new branch at Surat
IRIS Business Services Limited bags project in Kuwait
A F Enterprises Ltd receives order
V S T Tillers Tractors Ltd to invest further in Zimeno Inc
Sun Pharmaceutical Industries: The company is gearing up to introduce Merck Sharpe Dohme and Ridgeback’s molnupiravir under the brand name Molxvir in India.
Firstsource Solutions: Sourcepoint, a Firstsource company, has entered into a definitive agreement to acquire The StoneHill Group, subject to regulatory approvals
NHPC: To form a joint venture company (between NHPC and Green Energy Development Corporation of Odisha) for implementation of 500 MW floating solar power project in various water reservoirs in Odisha
Tata Power Company: Moody's Investors Service has upgraded the rating of the company to Ba2 with stable outlook from Ba3 with stable outlook
Wipro: The company has launched an automotive e-commerce cloud solution for direct-to-consumer marketplaces to launch and grow quickly.
