Stock Market Live update on 24th March 2022. The Nifty futures were trading higher around 17,200 level on the Singaporean Exchange at 8:00 IST. Asian markets are trading positive, while the US market ended lower on Wednesday.
Levels for Nifty and Banknifty for 24th March 2022
Nifty Levels for the day:
Nifty Resistance at 17260
Nifty Support at 17000
Banknifty Levels for the day:
Banknifty Resistance at 36200
Banknifty Support at 35400
Stocks in Focus today
Ruchi Soya Industries
Follow-on public offer will open for subscription on March 24.
GPT Infraprojects
The company has bagged an order valued at Rs 118 crore. This contract is a joint venture of which GPT’s share is 51 percent.
Filatex India
The board on March 29 will consider the proposal for the buyback of fully paid-up equity shares of the company.
Nelco
Nelco and Omnispace announced a strategic cooperation agreement to enable and distribute 5G non-terrestrial network (NTN), direct-to-device satellite services. The collaborative effort will expand the reach of 5G using satellite communication throughout India and South Asia.
CSB Bank
The Reserve Bank of India has approved the appointment of Pralay Mondal as interim Managing Director and CEO of CSB Bank. The appointment will be for a period of three months with effect from April 1, 2022, or till the appointment of a regular Managing Director & CEO in the bank, whichever is earlier.
Triveni Turbine
Subsidiary Triveni Turbines DMCC has signed an agreement for the acquisition of 70 percent equity shares of TSE Engineering Pty Ltd (TSE). TSE is registered under the laws of South Africa and is engaged in high precision engineering repairs and servicing of machinery in sugar and other industrial plants in the South African Development Community (SADC) region.