Produced by: Prashanti Mokatan
Designed by: Mohsin Shaikh
Bengaluru is observing a complete shutdown today (September 26) in protest against the Karnataka government's decision to allocate Cauvery water to Tamil Nadu. Schools, colleges, government offices, banks, ATMs, public and private transport, shops, commercial establishments, and restaurants and hotels are expected to remain closed. Meanwhile, essential services such as hospitals, pharmacies, petrol pumps, water supply, electricity, and sanitation services are expected to remain open
Shradha Industries Ltd is set to declare stock split from Rs 10 to Rs 5 today (September 26)
Organic Recycling Systems IPO is set to close for subscription today (September 26). The Organic Recycling Systems IPO price band has been set at Rs 200 apiece. Updater Services shares will list on the BSE and NSE with the tentative listing date of October 5
“19,600-19,550 is the strong support for NIFTY. Further correction can be expected only if Nifty closes below 19,550 levels… Coming to the OI Data, on the call side, the highest OI observed at 19,800 followed by 19,900 strike prices while on the put side, the highest OI is at 19,500 strike price,” said Deven Mehata, Equity Research Analyst, Choice Broking
"Bank Nifty has witnessed a pullback from the 78.6% fibonacci retracement level (44,400) and also closed with decent gains. We expect a pullback in the Bank Nifty as well. On the upside the pullback is likely towards 45,000 – 45,200. On the hourly charts the momentum indicator has a positive crossover which is a buy signal and the positive divergence suggest that the momentum on the downside is weakening,” said Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas
“Crude oil price appears to be trading in a range from Rs 7,350-7,570 on the daily chart. The key resistance level on the daily chart would be Rs 7,710. If the price rises over the resistance line at Rs 7,710, we can anticipate it to reach Rs 8,120, which is the next resistance level,” said Aamir Makda, Commodity & Currency Analyst, Choice Broking
“Technically, the price of gold has found support from the rising trendline, as well as resistance at its important 100-EMA of 58,970. On the Daily chart, the RSI stays above the levels considered safe for accumulation, indicating short-term strength. On the daily chart, gold is building a symmetrical triangular formation, with the rising trendline projected to provide support near 58,750 levels. If this holds, we may expect to see 59,250-59,500 levels in the next sessions,” said Aamir Makda, Commodity & Currency Analyst, Choice Broking
Lava Blaze Pro 5G is set to launch in India today (September 26). The phone will come with a dual rear camera setup and an LED Flash, with a 50-megapixel primary camera. Lava Blaze Pro 5G price is expected to be under Rs 15,000
Public sector OMCs including BPCL, IOCL and HPCL revise their petrol price and diesel price daily in line with international benchmark prices and forex rates. Petrol and diesel prices remained stable today