Morning Update 05-06-2025 : NIFTY: Nifty opened on a gap-up note and dipped briefly, but buyers quickly stepped in to support the index. It then traded within a tight range, gradually extending gains and ended the session on a positive note. View is buy on dips above 24500. BANK NIFTY: Bank Nifty opened slightly higher but faced a sharp early decline into the red. Strong buying interest later pushed the index back into positive territory, where it moved in a narrow range and ended the session with modest gains. View is buy on dips above 55300. Nifty 50 Support Level : 24400 Resistance Level : 24850 Bank Nifty Support Level : 55200 Resistance Level : 56100 Stocks in news -KEC bags orders worth Rs 2,211 cr -VEDL ramps up RE power capacity to 1.03 GW -ZYDUSLIFE to Enter Global Biologics CDMO Business Plans -RECLTD board approves raising ₹1.55 lakh crore via bonds -TI tops $600 mn race for Imperial Blue, to expand whisky portfolio -LTTS bags deal to set up offshore development centre for US firm Tennant -NEWGEN Company received more than two and half million US Dollar international order -DYNAMIC-ST Company received Rs 20 crore mechanized cleaning contract from the Ministry of Railways -UHTL-SM Company has secured a purchase order from Burckhardt Compression (India) Private Limited for the manufacturing of heat exchangers -SANSERA Company secured a long-term contract from Airbus Defence and Space S.A.U Quick Takeaways -Services sector growth steady in May as export demand remains strong: PMI -International travel spend by Indians up 25% to $31.7 bn in FY24: Report -India's big data edge to power next global tech leap: ex-WEF MD Smadja -Indian PC market to get a booster shot from Tamil Nadu's free laptop scheme F&O Stocks in Ban : Aditya Birla Fashion and Retail Ltd., Manappuram Finance Ltd.