Wealth Creation
Wealth Creation
February 21, 2025 at 03:02 AM
Morning Update 21st February : NIFTY: The index is trading within a range, and a breakout in either direction could trigger a 500-point rally. BANK NIFTY: The index formed an inside candle yesterday. A breakout on either side could lead to a 1,000-point rally. Nifty 50 Support Level : 22750 Resistance Level : 23150 Bank Nifty Support Level : 48800 Resistance Level : 49600 Stocks in news Crompton Greaves Consumer Company announced the launch of its "TechWithHeart" initiative, showcasing new energy-efficient and smart product lines. NTPC Green Company in pact with Bharat Light to explore offtake of green hydrogen. Lemon Tree Company subsidiary received an arbitration award for Rs. 11.47 Cr in a claim against Hind Inns & Hotels Ltd. and Hind Motors. ACE Company secures ₹420 crore contract from Ministry of Defence Coforge Company acquires Xceltrait Inc. for $17.85 million. Cipla Company receives USFDA approval for Nilotinib Capsules. Narayana Hrudayalaya Company announced the foundation stone laying ceremony for a new 1,100-bed hospital in Kolkata, named Narayana Health City, Kolkata. JM Financial Company Gets Tax Department Order for Refund of Rs 230 Cr for Assessment Year 2008-09. (Positive) M&M Financial Company to raise up to Rs 3,000 crore via rights issue. ISGEC Nippon India Smallcap Fund bought 832923 at Rs. 915.0 of the company. Quick Takeaways -India's GDP growth rate to slow to 6.4% in 2025: Moody's Analytics -Oil prices see minor dip as US crude stocks rise, easing supply concerns -Ministry of Defence inks contract worth Rs 1220.12 cr with Bharat Electronics Limited -Auto sector demand hinges on marriage season, infrastructure revival -US becomes India's fifth largest oil supplier, Russia retains top spot: Report F&O Stocks in Ban : Manappuram Finance Ltd.

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