Nifty ended with hefty gains in the last session all thanks to the ongoing ceasefire news between Iran and US. The sentiments were upbeat led by banking sector amid falling crude and positive commentary from the RBI governor after the RBI MPC outcome. The support for the index is around 23650 followed by 23540 while 23200 remains resistance for the day. Bank Nifty have shown good resilience and have reclaimed the 55000 on the daily charts. The overall trend of the index is good with some respite is seen for the price after the recent brutal sell off on the daily charts. The sentiment on the street will remain bullish and can lead the markets again today. Stocks In News:

KEC

: The company has secured orders worth Rs 2,518 crore in the civil, transportation & distribution, and cable & conductors segments.

LUPIN

: received approval from the United States Food and Drug Administration (US FDA) for Dapagliflozin and Metformin Hydrochloride

NHPC

: Cabinet Committee on Economic Affairs (CCEA) has approved an investment of Rs 26,069.50 crore for the construction of the 1,720 MW Kamala Hydro Electric Project.

TCS

: to declare its results today which will dictate IT stocks move today

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