Wealth Creation
Wealth Creation
February 27, 2025 at 03:30 AM
Morning Update 27th February : NIFTY: Index continues to underperform. View is sideways, weakness below 22500. Expect increased volatility. BANK NIFTY: Index will lead the next move. View is sideways. Significant weakness below 48000. Nifty 50 Support Level : 22400 Resistance Level : 22850 Bank Nifty Support Level : 48000 Resistance Level : 49000 Stocks in news TEAMLEASE In a block deal, Goldman Sachs sells shares worth Rs 17 crore AVANTEL Company has received a purchase order from Larsen & Toubro Ltd for Rs.1.64 Crores. WIPRO Company commits $200 Million in Fresh Investment to Wipro Ventures ZYDUSLIFE Company launched VaxiFlu-4, India's first quadrivalent inactivated influenza vaccine KIMS Company is targeting an 18–20% growth in next financial year, driven by launch of new hospitals KPGEL Company signed a MoU with the Madhya Pradesh govt. to develop 1.8 GW of solar, wind, hybrid, BESS, and biomass projects. CAMLINFINE Company has agreed to acquire a majority stake in Vinpai S.A. GARGI Company opened a new exclusive brand store in Indore, Madhya Pradesh on Feb 25, 2025. TATAPOWER Company signs MoU with Assam Government to develop up to 5000 MW of renewable & clean energy in the state. RAILTEL Company along with its consortium, has secured a significant orders worth of Rs 167 crore. Quick Takeaways -India's tablet PCshipments recover in 2024, register sharp 42.8% on-year growth -India must seize global supply chain disruption as opportunity: Amitabh Kant -World Bank bullish on India, reaffirms confidence in its economic potential -India's venture capital funding jumps 70% in January, outpaces China -India Inc eyes cautious 2025: BFSI, healthcare shine, auto & realty struggle F&O Stocks in Ban : Manappuram Finance Ltd.

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