Jindal Steel and Power (JSPL) Ltd achieved a significant milestone with the commissioning of a 6 MTPA hot strip mill in Angul, Odisha, completing the project in a record 29 months. The mill, equipped with advanced features, produces high-quality coils for sectors like auto, construction, and more.
Shriram Finance: HDFC Institutional Equities said Shriram Finance continues to seek ways to improve its cross-sell value proposition between customers and products of the erstwhile franchises.
Metal stocks: Kotak has suggested Jindal Steel Ltd (JSPL) as its top 'BUY' in the sector. It has Buy rating on NMDC and Tata Steel and 'Sell' rating on Vedanta, SAIL, Hindustan Zinc and Nalco.
For Wednesday, Ganesh Dongre, Senior Manager - Technical Research at Anand Rathi expects Nifty to find support at 17300/17350 with resistance between 18050/18100. While the Bank Nifty index is seen to have support in the range of 40300/40500 with resistance at 41500/41600.