Morning Update 30-05-2025 : NIFTY: Nifty opened with a strong gap-up but faced early selling pressure, gradually moving into the red and extending its losses. After consolidating in a range, it dipped further before a strong buying interest emerged, lifting the index sharply into the green by the close. View buy on dips with stop loss of 24700. BANK NIFTY: Bank Nifty opened higher but came under consistent selling pressure, slipping into the red. It remained range-bound for most of the session before a late surge in buying lifted the index to a positive close. View buy on dips with stop loss of 55000. Nifty 50 Support Level : 24600 Resistance Level : 25000 Bank Nifty Support Level : 54950 Resistance Level : 56000 Result corner Lumax Auto (Q4 YoY) • Revenue: ₹1,133 cr vs ₹757.4 cr – Strong growth • EBITDA: ₹156.7 cr vs ₹91.8 cr – Robust growth • EBITDA Margin: 13.83% vs 12.12% – Expansion • Net Profit: ₹58.4 cr vs ₹44.2 cr – Steady growth Ola Electric (Q4 YoY) • Revenue: ₹611 cr vs ₹1,598 cr – Sharp decline • EBITDA Loss: ₹695 cr vs ₹312 cr – Loss widened • Net Loss: ₹870 cr vs ₹416 cr – Loss deepened Engineers India Ltd (EIL) (Q4 YoY) • Revenue: ₹1,010.2 cr vs ₹805 cr – Strong growth • EBITDA: ₹2,301 cr vs ₹277.4 cr – Surge • EBITDA Margin: 29.79% vs 9.61% – Expansion • Net Profit: ₹7,279.8 cr vs ₹115.5 cr – Massive jump Welspun Living (Q4 YoY) • Revenue: ₹2,646 cr vs ₹2,575.2 cr – Modest growth • EBITDA: ₹316 cr vs ₹358.6 cr – Decline • EBITDA Margin: 11.94% vs 13.93% – Contraction • Net Profit: ₹2,131.8 cr vs ₹2,146 cr – Largely flat Suzlon Energy (Q4 YoY) • Revenue: ₹3,773.5 cr vs ₹2,179.2 cr – Sharp growth • EBITDA: ₹2,677 cr vs ₹1,344.6 cr – Strong growth • EBITDA Margin: 17.94% vs 15.62% – Expansion • Net Profit: ₹1,181 cr vs ₹254 cr – Significant growth Century Ply (Q4 YoY) • Revenue: ₹1,198.3 cr vs ₹1,060.7 cr – Moderate growth • EBITDA: ₹134.6 cr vs ₹137 cr – Slight decline • EBITDA Margin: 11.23% vs 12.93% – Contraction • Net Profit: ₹52.5 cr vs ₹79.5 cr – Sharp decline Stocks in news -INFY unveils over 200 AI agents under Topaz in Google Cloud tie-up -VEDL gets NCLAT relief on demerger plan, shares edge up -TEXRAIL bags order worth ₹140.5 cr from RailwayMin for supply of 8 rakes -WAAREEENER US Arm bags $176 m order for 586 MW Solar Modules -COFORGE launches Quasar GenAI Central & Quasar Marketplace to scale enterprise AI adoption -MESON Wins an order worth ₹10.93 crore for the supply of critical non-ferrous valves to be used in the defence sector. -FRONTSP Company announced receiving orders for Air Springs Assembly totaling Rs 292.6 Cr from Rail Coach Factory, Kapurthala and Modern Coach Factory -VAKRANGEE-BE Company Unit Vortex Engineering, Has Received A Letter Of Intent  From Punjab & Sind Bank, LOI Pertains To The End-To-End Supply, Commissioning, And Maintenance Of 600 ATMS -NLCINDIA Company and Mahatma Phule Renewable Energy and Infrastructure Technology Ltd have signed a Joint Venture agreement on May 29, 2025, in Mumbai Quick Takeaways -Govt set to relax rules under Advance Authorisation scheme for exporters -Asia leads air cargo recovery with 10% growth as global demand soars -Corp bond secondary mkt daily turnover grows around 2K-cr in FY25: RBI -India’s exports face geopolitical woes but trade deals offer relief: RBI report F&O Stocks in Ban : NIL