Morning Market Views:

Nifty is now trading near the upper band of the Bollinger on the daily charts with support placed around 24220 and 24250 on the lower side while 24650 remains strong resistance zones. The overall trend of the index is Buy on dips for the near term till the index is holding above 24000 on closing basis. Bank Nifty is also in the consolidation mode with support for the index placed around 56400 and 56200 on the lower side. The overall trend of the index is good with some volatility expected today after the recent bullish move on the daily charts. The sentiment on the street will remain bullish with support for the index placed around 56000 while 57500 remains resistance for the day. Stocks In News

: The company and its arm have received a tax demand of Rs 336 crore from the Mumbai tax body. Separately, COO Anshuman Maheshwary has been appointed as the new CEO of the Alternates Asset Management business. : The company has secured a Rs 590 crore contract from the Ministry of Defence for the supply of Trawl Assemblies. Aurobindo Pharma: The board has approved an Rs 800 crore share buyback, planning to repurchase 54.2 lakh shares at Rs 1,475 per share, representing a 6% premium to today's closing price. : The company has officially achieved the AWS migration and modernization competency status, strengthening its cloud transformation credentials. Hindustan Zinc: The company's board will meet on April 24 to consider the declaration of its first interim dividend. Hexaware Technologies: The company's board is scheduled to meet on April 27 to consider its first interim dividend for FY26. L&T Finance: The company has allotted Non-Convertible Debentures (NCDs) worth Rs 500 crore on a private placement basis. JSW Energy: Its subsidiary, JSW Mahanadi Power Co, received a Rs 1,447 crore demand for water charges from Chhattisgarh, which the company has officially challenged in the High Court.