Morning Market Views:

Nifty have given good momentum in the last trade and have respected the support zones of 23800-24000 on the daily charts where unfilled gap was filled in the last week. The overall trend of the index is Buy on dips for the near term till the index is holding above 23900 on closing basis while 24250-24350 remains strong hurdle for the near term. Bank Nifty is also in the consolidation mode with support for the index placed around 55500 and 55400 on the lower side. The overall trend of the index is good with some volatility expected today after the recent volatile moves on the daily charts. The sentiment on the street will remain neutral with support for the index placed around 55500 while 56600 remains resistance for the day. Stock in News Sun Pharmaceutical Industries

is in focus after announcing a massive $11.75 billion acquisition of US-based Organon, marking one of the largest overseas deals by an Indian pharma company. The move strengthens its global presence in women’s health and specialty drugs, though it raises short-term concerns around debt and integration. Lodha Developers reported strong Q4 FY26 results with double-digit revenue growth and steady profit expansion, supported by robust sales and collections. Despite solid fundamentals, the stock has remained subdued, indicating cautious sentiment in the real estate sector.