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.