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Sensex, Nifty scale new highs; IT, FMCG stocks rally
BSE Sensex surged 209.69 points or 0.38% towards the fag-end of the trading session to settle at record 55,792.27
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Sensex falls 150 points, Nifty slips below 16,550
In early deals, Sensex dropped 150 points or 0.27% to 55,431. NSE Nifty 50 was at 16,545, down 17 points or 0.11%.
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Stocks to watch: Infosys, Lupin, Fiem Industries in focus
Lupin has received tentative approval from the USFDA for its Abbreviated New Drug Application (ANDA) Brivaracetam Tablets
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Trading ideas: 9 stock recommendations for August 17
Santosh Meena of Swastika Investmart is positive on PNC Infratech with a target price of Rs Rs 330
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Sensex, Nifty close at fresh record highs; metal stocks lead
Sensex closed the session 145.29 points or 0.26% higher at record 55,582.58. The 30-share BSE index touched a record intra-day high of 55,680.75.
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Analysts see over 20% upside in this Nifty stock post Q1
The company has also outlaid a capital expenditure of Rs 3,000 crore for its European operations as its focus is to make the business “stronger”.
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Muted debut: Krsnaa Diagnostics opens at Rs 1,025 a premium of 7.44%
On the BSE, Krsnaa Diagnostics opened at Rs 1,025, at a premium of 7.44% or Rs 71 over its issue price of Rs 954 per share.
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Devyani International makes robust market debut; lists at 56.67% premium
On the BSE, Devyani International opened for trading at Rs 141, at a premium of 56.67% or Rs 51 over its issue price of Rs 90 per share.
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Sensex, Nifty choppy in early trade; IT, FMCG stocks rise
Sectoral indices on the NSE were mixed. Nifty Pharma falling nearly 1% was the top sectoral laggard followed by Nifty Media and and Nifty Auto.
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Freewheeling thoughts on Financial Freedom
Before one takes the plunge into the vast ocean of investments, it is important to understand the difference between risk and volatility
