Wealth Creation
Wealth Creation
February 11, 2025 at 03:06 AM
Morning Update 11th February : NIFTY: Index remained weak and continued to correct. It is now trading at make or break level. BANK NIFTY: Index is showing strength compared to other indices, move on either side will now be led by bank nifty. View is sideways. Nifty 50 Support Level : 23200 Resistance Level : 23700 Bank Nifty Support Level : 49500 Resistance Level : 50500 Stocks in news LT bags Oman railway facility contract RELIANCE enters sports drinks market with 'Spinner' priced at Rs 10 NAM-INDIA Company and Nissay Asset Management, Japan join hands to provide access of Indian Capital Market to Japanese Investors SYNGENE Jonathan Hunt stepped down as MD&CEO and from the Board of Directors to pursue other opportunities HINDALCO Novelis adjusted EBITDA of US$ 367mn (-19% YoY, -21% QoQ), much lower than estimates CHALET Company to add another jewel in its leisure portfolio with the acquisition of The Westin Resort & Spa, Himalayas at Rishikesh ONGC Company and BP forge strategic partnership to boost Mumbai high production MANKIND Company divests stake in Mahananda Spa to Chalet Hotels at Rs 530 crore Enterprise value RVNL Company emerges lowest bidder for a South Western Railway project worth ₹335.4 crore SONACOMS Company announces land acquisition worth Rs 110 crore LUPIN Company gets U.S. FDA approval for its Abbreviated New Drug Application for Ipratropium Bromide Nasal Solution DYNAMATECH Company and Deutsche Aircraft Collaborate at Aero India 2025 Quick Takeaways - Boeing signals more orders needed before setting up assembly line in India - IHCL to invest Rs 2,500 crore to develop new 330-room property in Mumbai - US tariffs will not impact Indian steel industry much: Steel Secy - Rolls-Royce to double sourcing from India over the next five years - Tata Boeing Aerospace delivers 300 AH-64 Apache fuselages manufactured in Hyderabad facility F&O Stocks in Ban : Manappuram Finance Ltd.

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