Date 04.06.2026
NIFTY OUTLOOK: 23416.55 FII -4447.06 cr DII 4360.14 cr
As discussed yesterday market behaviour remained on the expected lines during the day, as bearish sentiments take the nifty down upto our support of 23250 i.e. made a day low of 23247.3 and recovered from there upto 23465.3 and finally close near to its previous close i.e. closing of 23416.55.
NIS Management secured multiple work orders worth Rs.2.32 cr. from Nesco and PWD, Government of West Bengal.
The Indian stock market witnessed a sharp turnaround after early weakness, with investors returning to quality stocks amid improving sentiment. Banking, financial, and large-cap sectors led the recovery as concerns over geopolitical risks eased slightly during the session.
Indian markets are likely to witness heightened volatility as investors await the latest policy announcement from the Reserve Bank of India.
Ongoing tensions in the Middle East continue to influence global financial markets. Investors remain concerned about the impact of the conflict on energy supplies, shipping routes, and global inflation.
Waaree Energies has approved a significant capital expenditure plan aimed at strengthening its manufacturing capabilities. The company is investing heavily in expanding its renewable energy ecosystem and supporting future growth opportunities.
Wipro has completed the acquisition of Mindsprint, the IT and digital services business of Olam Group. The transaction is expected to strengthen Wipro’s capabilities in supply chain solutions, digital transformation, and AI-powered consulting services.
Amcor has announced a fresh investment to expand healthcare packaging production capacity in India. The move is aimed at meeting growing demand from pharmaceutical companies and healthcare product manufacturers.
Digital entertainment platform Kuku Technologies has confidentially filed documents for a proposed IPO that could raise up to ₹3,500 crore.
Dhoot Transmission has submitted updated draft papers for its proposed IPO. The offering includes a fresh issue of shares worth ₹1,400 crore along with an offer-for-sale component by existing shareholders.
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