Adani Enterprises today said it has signed a partnership agreement with Japanese diversified business group Kowa Company , entailing joint cooperation in common areas of business like infrastructure and trade such as exports in both countries. The agreement was signed between Yoshiro Miwa, President and CEO, Kowa and Gautam Adani, Chairman of the Adani Group in Japan."I am confident that Kowa will help us derive synergies for fast track growth in the highly competitive APAC region. We look forward to a long, mutually beneficial and strategic partnership with Kowa," Adani said.

As per the 'Business Alliance Agreement', Kowa will facilitate Adani's initiation to do business with Japanese firms and help the Indian conglomerate develop its key businesses like ports, shipping, coal mining, transportation of coal and power, Adani said in a statement.

Unitech is trading in a Lower-Top Lower-Bottom formation on Weekly chart which indicates a negative trend. The immediate support is at Rs 46 and next support is at Rs 39. On the higher side, Rs.68 level would act as a strong resistance. It is advisable to buy the stock only after a confirmation of Higher-top Higher-Bottom formation on daily/weekly chart.

You can get stock tips, nifty future tips, stock F&O tips on daily basis. We will provide you Share tips on your mobile so that you can get nifty future trend , stock market review, live market price along with all stock future tips, stock option tips & Nifty future tips.

The 30-share BSE Sensex was trading at 20,180, with loss of 120 points and the 50-share NSE Nifty fell 32 points to 6,047. Breadth was also in favour of declines; about 301 shares advanced as against 992 shares declined on Bombay Stock Exchange.

The 50-share S&P CNX Nifty finally settled at 5,711.60 after gaining 20.55 points or 0.36%. Nifty January futures saw an addition of 7.73% or 1.68 million (mn) units, taking the total outstanding open interest (OI) to 23.41 mn units. For Nifty calls, 5700 strike price (SP) from the January series was the most active call with a contraction of 1.31 mn or 17.68 Among Nifty puts, 5700 SP from the January month expiry was the most active put with an addition of 0.35 mn or 5.81%.  The maximum Call OI outstanding was at 5700 SP (6.10 mn) and that for Puts at 5700 SP (6.46 mn). The respective Support and Resistance levels are: Resistance 5,786.8, Pivot Point 5,691.85, Support 5,654.25. The Nifty Put Call Ratio (PCR) OI wise stood at 0.70 for January-month contracts.