
Wealth Creation
February 24, 2025 at 02:53 AM
Morning Update 24th February :
NIFTY: Index formed a bearish candle as it failed to sustain above its crucial resistance. View is sideways after big gap down. We may see some panic selling.
BANK NIFTY: Index is unable to sustain above its support zone of 49000. View is sideways. Index will lead the direction.
Nifty 50
Support Level : 22500
Resistance Level : 23000
Bank Nifty
Support Level : 48000
Resistance Level : 49000
Stocks in news
CROMPTON Company launched new products "Surebreeze Super Briz Royale" and "Eco Deco".
ZYDUSLIFE Company has received USFDA approval to manufacture Ibuprofen and Famotidine tablets
LEMONTREE Company signs a new property in Rajasthan
TCS Company Partners with Salesforce to Unlock the Power of AI for Manufacturers, semiconductor chip makers.
JTLIND Company Enters MOU with RCI for 200 Mt/Month Copper And Brass Alloys.
LUPIN US FDA issues Establishment Inspection Report (EIR) for company’s manufacturing facility in Somerset, New Jersey
ZAGGLE Company entered into a customer service agreement with Indus Tower.
VEDL Company has been declared as the preferred bidder for Madhya Pradesh’s Kauhari Diamond block.
RAILTEL Company bags work order worth Rs 288 crore from East Central Railway.
RVNL Company emerged lowest bidder for a South Western Railway project worth Rs 156.35 crore.
Quick Takeaways
-Maha govt to give additional Rs 50k subsidy for rural homes under PMAY
-India to harvest bumper wheat crop this year: Agriculture Minister Chouhan
-Indian drugmakers can retain US dominance even with tariffs, says industry body
-Donald Trump to name FBI chief Kash Patel as acting ATF director
-Sebi mulls expanding investors pool for angel funds
F&O Stocks in Ban : Chambal Fertilisers and Chemicals Ltd., Manappuram Finance Ltd.