24 Nov, Morning Brief

Flat opening expected as SGX Nifty is trading down by 5 points.

Nifty has been consolidating between 10,300 to 10,370 from last 3 sessions. It requires a decisive hold above 10350 to extend its move towards 10,400 - 10420, now considering support at 10,300 and  10,230.
Max Put OI shifted to 10300 and Call OI stood at 10500.

🎯 News & Impact 🎯

🎯 EPFO’s CBT approves investment of up to 2% in AA+ rated corporate bonds.

🎯 Swaraj Engineers :
Company to consider buyback on November 28

🎯 Skipper :
Company to enter into a JV for drip irrigation business with MetzerPlas Cooperative Agriculture Organization of Israel.

🎯 CG Power :
Company bags Rs.111 crore order from Indian Railways.

🎯 Cox & Kings :
Meininger Hotels signing agreement for opening of a new hotel at Dresden in Germany.

🎯 Aditya Birla Money :
SEBI imposes Rs10 lakh fine on Ab Money.

🎯 Idea :
Idea cellular to double 4G capacity in state, Goa.

🎯 Videocon :
Company resolves with banks to stay out of NCLT.

🎯 Biocon :
Biocon unveils new biosimilar bevacizumab.

🎯 Sunteck Realty :
Company to invest Rs.1500 crore in commercial leasing portfolio.

Edited by Sharp.
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