Produced by: Prashun Talukdar Designed by: Manoj Kumar
Nifty could find support in the 19,797-19,689 range and resistance at 20,000-20,551 levels, said Prashanth Tapse, Senior VP (Research), Mehta Equities.
On the stock-specific front, Tata Power, BHEL, ICICI Lombard, Global Health, Wipro, Havells India and some other counters will be in focus today.
Shares of Bharat Heavy Electricals Ltd (BHEL) gained 2.56% to close at Rs 156.15 in the previous trading session. The state-run firm has signed a memorandum of cooperation with Electricité de France, a French state-owned company, to explore the content of the Jaitapur Nuclear Power Plant Project set up by the Nuclear Power Corp of India.
Shares of Wipro edged 0.25% up to close at Rs 396.95. The IT firm has announced launch of their continuous compliance solution uuilt on Amazon Security Lake in collaboration with Amazon Web Services (AWS).
ICICI Lombard General Insurance shares rose 0.92% to close at Rs 1,450.45. Bhargav Dasgupta, Managing Director and CEO of ICICI Lombard has sold 2,50,000 equity shares of the company.
Shares of Havells India settled with 1.01% losses at Rs 1,280.55. The company has launched its Lloyd brand in the Middle East market.
Shares of Tata Power jumped 4.88% to close at Rs 270.75. The company's subsidiary has received a Letter of Award (LOA) for developing a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project with SJVN.
Shares of Global Health rose 1.85% to settle at Rs 920.55. The company's chief financial officer (CFO) Sanjeev Kumar has resigned.
Shares of Bandhan Bank climbed 2.14% to close at Rs 216.95. Amitava Goswami has taken over the charge as the chief compliance officer (CCO) of the lender upon exit of Sudheer Reddy Govula.
Shares of Surana Solar rose 1.23% to close at Rs 28.92. The company has incorprated its subsidairy, Surana Technologies.
Shares of UPL Ltd moved 0.78% up to settle at Rs 563.30. The firm has incorporated its step-down subsidiary, UPL Speciality Mauritius.
Shares of Milkfood moved 1.85% down to close at Rs 608.15. The stock will trade ex-dividend today. The company has announced an interim dividend of Rs 2.50.
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