Morning Update 7th February : NIFTY: Index traded with weakness as it continued to take rejection from 23800 levels. View is bullish if index retests 23400-23450 level. BANK NIFTY: Index traded in a narrow range as it remained rangebound. RBI policy today will set the direction for the index. Nifty 50 Support Level : 23400 Resistance Level : 23900 Bank Nifty Support Level : 49700 Resistance Level : 50700 Stocks in news HEROMOTOCO Company announced Dividend of Rs 100 / share, record date 10th February. INTERARCH bets big on South India; eyes 10% rise in revenue in FY26 BHARTIHEXA To Transfer Company's 3,400 Telecom Towers To Indus Towers For Up To ₹1,134.1 Cr BIRLAPREC Board approved Closure of Operation of Foundry Business of the Company. INDIGO IndiGo to lease Boeing 787 Dreamliner to boost international expansion NIBE The company signed licensing agreements with R&DE (Engrs), Pune, and DRDO to manufacture and sell 35m Mountain Foot Bridges and launching systems. INDUSTOWER Company acquires 16,100 telecom towers from Bharti Airtel. ZOMATO Company Board approves change in name of the company from Zomato to Eternal. DHANCOT Company announced the resignation of Mrs. Niyati Ketan Shah as a Director, effective February 10, 2025. DEEPAKNTR Executed agreements for supply of Propylene and Hydrogen. HGINFRA Company Declared L1 Bidder for Project of Bid Project Cost Rs 21.96 Billion PETRONET Company and Deepak Phenolics Limited have signed definitive agreements for the sale and purchase of propylene and hydrogen. Quick Takeaways - India can be a global hub for wind turbines: Suzlon’s Girish Tanti - Rural growth surges in FMCG sector in Dec qtr, outpaces urban market for fourth consecutive quarter - India, UK join hands to shape green hydrogen standards - India's push for self-reliance in palm oil gets a boost with NMEO-OP - India ranks third globally for LEED green building certification in 2024