Morning Update 12th February : NIFTY: Index continued to fall, marking 5 consecutive days of correction, expect a dead cat bounce. View is sideways to positive. BANK NIFTY: Index formed a red candle, indicating increased weakness. View is sideways to positive. Nifty 50 Support Level : 22900 Resistance Level : 23400 Bank Nifty Support Level : 49000 Resistance Level : 50000 Stocks in news JWL Company gets LoA for order value of Rs 600 cr BEL Safran and Company Forge a Partnership in the Defense Sector, Safran - Signing of a Partnership to Create A Joint Venture CYIENTDLM Company announced a production contract with Boeing Global Services (BGS) for precision-machined parts and assemblies. BEML Company enters into strategic partnership with STX Engine Forge for advanced defence & marine engine solutions BHEL Company gets LoI for a project worth ₹6,200 crore from Damodar Valley Corporation SHRIRAMFIN eyes 20-fold growth over next 3 years in green portfolio HGINFRA Jointly with DEC Infrastructure bags letter of acceptance from Rail Land Development Authority (RLDA), New Delhi for EPC project worth ₹2,195.68 crore HONAUT AM Green sign MoU to advance carbon capture, SAF in India TCS Muscat Clearing And Depository Partners With TCS To Modernize Its Operations, Transform Customer Experience. HAPPYFORGE Company Signs MOU for Long-term Supply of Heavy, Forged and Precision Machined Industrial Components TVSMOTOR Company signs accord with Karnataka to invest Rs 2,000 cr in 5 yrs. MARUTI The company has set April 1, 2025, as the appointed date for its merger with Suzuki Motor Gujarat Quick Takeaways - India plans to cut tariffs on 30 products to avoid US reciprocal duties - US demand squeezes India's gold supply, leasing rates rise to record highmbai - GE Aerospace signs contract with IAF for T700 engine sustainment - Govt to focus on 20 countries, certain sectors to boost exports - India’s office market on track for record leasing in 2025 F&O Stocks in Ban : Manappuram Finance Ltd.