Morning Update 14th February : NIFTY: Index failed to sustain its recover, expect a dead cat bounce. View is sideways to positive. BANK NIFTY: Index formed a candle with long wick, expect a dead cat bounce. View is sideways to positive. Index may lead the move in either direction. Nifty 50 Support Level : 22900 Resistance Level : 23400 Bank Nifty Support Level : 49000 Resistance Level : 50000 Stocks in news M&M Financial board approves raising up to ₹3000 crore via rights issue BHARATFORG and Liebherr collaborate on advanced aerospace manufacturing ITC in talks to acquire MTR Foods and Eastern Condiments in $1.4 bn deal IOC inks 14-year LNG supply pact worth $7-9 bn with UAE's ADNOC KELLTONTEC Acquisition of a majority stake in Xitij Corporation “Xitij Corporation AUROPHARMA The European Commission (EC) granted marketing authorization in EU for a bio-similar HAL Company signed a MoU with Centre for Development of Advanced Computing to collaborate on indigenous development ofRussian & Western Origin Electronic LRUs of various aircraft and helicopter. TCS Company said it has signed an agreement to lead the end-to-end IT transformation of UPM, a global companyspecialising in decarbonization solutions. TEXRAIL Company has signed a Global Supply and Services Agreement with Trinity Rail Group LLC to collaborate for foundryproducts for North America. BPCL Company has signed a strategic term contract with Petrobras for Brazilian crude supply, enhancing India's energysecurity. KCP Company received Rs. 62.47 Cr as additional dividend for FY23 from its overseas subsidiary, KCP VietnamIndustries Ltd. PERSISTENT Company acquires assets from SoHo Dragon for $2.01M. Quick Takeaways - India’s consumption pivot to hurt smaller stocks, Bank of America says - Trump: The EU Has a 20% VAT and Other Measures That Harm U.S. Companies, Including Apple. - Trump: Most Countries' Tariffs Will Remain; No Exemptions or Waivers. - Govt road project execution set to slow down next fiscal, says Icra - Bengaluru-based defense tech firm gets export orders for unmanned aircraft F&O Stocks in Ban : Manappuram Finance Ltd.