Morning Update 09-06-2025:- NIFTY:Nifty opened on a flat note with a minor initial dip, but strong buying interest bolstered by upbeat sentiment around the RBI policy drove the index sharply higher. It then consolidated in a narrow range for the remainder of the session and ended with solid gains. View is buy on dips with strong support of 24700 for target of 25200. BANK NIFTY:Bank Nifty opened slightly lower and dipped early in the session, but strong buying soon kicked in. After a brief pullback, positive sentiment following the RBI’s rate cut fueled sharp upward momentum. The index later moved in a narrow range and closed the day with strong gains. View is buy on dips with outperformance and strong support at 55800. Nifty 50 Support Level : 24700 Resistance Level : 25200 Bank Nifty Support Level : 55800 Resistance Level : 57100 Stocks in News:- -Bharat Electronics: Company and Tata Electronics have inked a MoU to advance India's self-reliance in electronics and semiconductors. -UPL: Advanta Seeds Part of UPL Group Brazil to Sell Serra Bonita Assets for $125 million -KEI Industries: Company announced that India Ratings and Research Private Limited has updated its credit ratings, Long-Term Bank Facilities: Upgraded to IND AA+ with Stable outlook. -Tata Communications: Company Announces Tgn-Ia2 Subsea Cable Linking Singapore, Hong Kong, Japan to Enhance Connectivity. -Panorama Studios: Inflight LLP signed a 5-year exclusive Airborne Rights deal for 50 Hindi films with Digital 18 Media. -IDFC First Bank: CCI allows Warburg Pincus to acquire up to 10% in Bank. -Lupin: Company gets tentative approval from U.S. FDA for Oxcarbazepine ER Tablets. -Infosys: Company receives closure from GST Intelligence on ₹32,403 crore pre-show cause notice. -GRSE: Company signs MoUs in Sweden and Denmark to boost marine systems, enter expedition cruise segment. -IEX:Company’s electricity trade volume jumps 14% to 10,946 MU in May. -NTPC: Company announced the commercial operation of the first 250 MW unit of Tehri PSP (4x250 MW) by its subsidiary, THDC India Ltd, effective June 7, 2025. -M&M: Production also saw a significant 28% jump, totalling 89,626 units against 70,261 units a year ago.. -Punjab National Bank: Bank announced the resignation of Shareholder Director Shri Jatinder Singh Bajaj, effective June 6, 2025. -National Aluminium: Company announced the appointment of Shri Abhay Kumar Behuria as Director (Finance) on its board. Quick Takeaways :- -Tata Steel aims to commission UK electric arc furnace project by 2027 -Airtel MD writes to banks, NPCI, RBI to join forces against digital frauds; moots collaborative measures -Adani's cement business contributes 30 per cent of India's homes & infra: Ambuja CEO -Heavy rainfall likely over south, west and northeast India next week: IMD -Nvidia signs pact with Andhra Pradesh govt to foster India's AI ecosystems. F&O Stocks in Ban: -CHAMBALFERT -ABFRL -HINDCOPPER -MANAPPURAM