
Wealth Creation
June 10, 2025 at 03:43 AM
Morning Update 10-06-2025 :
NIFTY:
Nifty opened with a strong gap-up and traded in a narrow range for most of the session. Though it experienced a minor dip in the latter half, the index quickly recovered and ended the day with modest gains. View is buy on dips for target of 25300-25500.
BANK NIFTY:
Bank Nifty opened with a strong gap-up and saw a brief dip at the start, but quickly recovered and moved higher. As the session progressed, it gradually drifted lower in a tight, steady range, resembling a slow and controlled descent, before ending with modest gains. View is buy in dips with outperformance for target of 57400-57500.
Nifty 50
Support Level : 24850
Resistance Level : 25300
Bank Nifty
Support Level : 56100
Resistance Level : 57400
Stocks in news
-PFC withdraws zero-coupon bonds issuance due to weak investor demand
-EASEMYTRIP launches investment arm to back growth-ready, profitable firms
-IFCI picks up 44% stake in Birla Estates’ two residential projects, invests Rs 420 cr
-CONTPTR Tyre maker Continental to invest ₹100 crore in India to expand passenger vehicle business
-PNCINFRA Company bags Rs 239.94 crore flyover project in Rajasthan from PWD
-NIBE Company Secures Technology Transfer License from DRDO for Modular Bridging System
-ZEEL Company has entered a strategic partnership with Content Start-up Bullet to launch India’s first Micro-Drama App
-PROTEAN Company has been awarded a significant work order from Bima Sugam India Federation valued at approximately Rs 100 crore
Quick Takeaways
-NHAI plans to launch public InvIT to increase overall investor base
-RBI deputy flags concerns in microfinance sector, urges reforms
-Govt approves Micron Semiconductors proposal to set up SEZ
-China’s rare earth exports jump ahead of US trade negotiations
F&O Stocks in Ban : Aditya Birla Fashion and Retail Ltd., Chambal Fertilisers & Chemicals Ltd., Titagarh Rail Systems Ltd., Hindustan Copper Ltd.