Morning Market Insights:

Indian Markets are expected to open on a flat to negative note after muted cues from the global markets and no major escalation news in the middle east. The sentiment on the street is expected to remain range bound now with support for Nifty is around 23700-23800 while 24100 will be the stiff resistance. Bank Nifty is expected continue the ongoing consolidation where it has ignored the negative global cues and is still trading above the crucial support zones of 57500 and 57300 levels. The support for the index is around 57500 while 58200 remains resistance for the day. Stocks In The News Sterling and Wilson Renewable Energy: Secures landmark project in Egypt, received LoA for a 1,000 MWac capacity Solar PV project and 600 MWh Battery Energy Storage for $560 million. Juniper Hotels: Resignation of Mr. Tarun Jaitly from the position of Chief Financial Officer of the company. Central Bank of India: Company inaugurated its International Financial Services Centre (IFSC) Banking Unit (IBU) at Gujarat International Finance Tec-City.

: Puneet Sharma, Chief Financial Officer of the Bank, has tendered his resignation. Jagsonpal Pharmaceuticals: Company has entered into a Share Purchase Agreement (SPA) to acquire 85% of the paid-up equity share capital of Aequitas. : Raised $300 million via 3-year senior unsecured floating rate bonds issued through its London branch. (SAMIL): Delayed completion of 28.15% stake acquisition in HR Dhauliganga (captive power SPV); now expected by Q4 FY27 (vs earlier Q1 FY27). RITES: Signed MoU with CONCOR to provide project management & consultancy services for development of logistics infrastructure.