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Nifty Opening Note
Indian Stock Market Trading View For 23 Feb,2021:
Nifty to turn volatile as the day progresses. Asian market will set the trend for Indian stock market.
Nifty spot if manages to trade and sustain above 14680 level then expect some further upmove in the market and if it breaks and trade below 14600 level then more fall is likely to be seen in the market. 14600 spot to act as key level.
Please note this is just opening view and should not be considered as the view for the whole day
Topic :- Stocks under F&O ban on NSE
1. BHEL
2. Canara Bank
3. Vodafone Idea
4. SAIL
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Topic :- Board meetings
Venus Remedies: The board will meet on February 23 to consider and approve the issuance of warrants.
Safari Industries (India): The board will meet on February 23 for general purposes.
Uni ply Industries: The board will meet on February 23 to consider and approve quarterly results.
Stocks in the news Vedanta - GR Arun Kumar resigned as a whole-time director & chief financial officer of the company.
Bharti Airtel - The company will meet global fixed income investors on or after Feb 23, 2021, to take the decision on the issuance of foreign currency bonds/ notes.
APL Apollo - The company allotted commercial paper worth Rs 75 crore to ICICI Prudential Ultra Short Term Fund.
Urja Global - The company approved the allotment of 5 crore partly paid-up rights equity shares at a price of Rs 5 per rights equity share.
Bharat Forge - The company signed an agreement with Paramount Group for the production of protected vehicles in India.
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