GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a muted opening on Wednesday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded marginally higher as the index was up 10 points or 0.04% at 25,012 indicating a flat start for domestic indices NSE Nifty 50 and BSE Sensex on Wednesday. On Tuesday, the NSE Nifty 50 closed the session 7 points or 0.03% higher at 25,018, while the BSE Sensex rose 14 points or 0.02% to close at 81,712.
Stocks to watch on August 28, 2024
Hindustan Unilever
Hindustan Unilever (HUL) has received a tax notice of Rs 962.75 crore, including an interest of Rs 329.33 crore for the Rs 3,045-crore acquisition of the India Health Food Drink (HFD) business from the GlaxoSmithKline (GSK) Group, the FMCG major said on Tuesday.
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GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Monday. Here’s a look at the key stocks to watch in trade.
Stocks in Focus: GIFT Nifty traded up by 48 points or 0.21% at 22,638 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Monday. Previously, on Friday, the NSE Nifty 50 ended down by 150.40 points or 0.67% to settle at 22,419.35 while the BSE plunged 609.28 points or 0.82% to 73,730.16.
“Markets witnessed profit taking on Friday and shed over half a percent, tracking feeble global cues. After the flat start, the Nifty gradually inched lower as the day progressed and finally settled around the day’s low at 22,419.95 (-0.7%). Meanwhile, a mixed trend was witnessed on the sectoral front wherein pharma, realty and IT posted decent gains while financials and banking ended in the red. The broader indices outshined the benchmark and gained in the range…