The Nifty50 Index is currently showcasing a bullish trend on the charts, indicating strong upward momentum in the near-term.
After peaking around the Rs 101 mark in September 2023, the IDFC First Bank stock underwent a significant correction, dropping by 30 points, equivalent to a 29.34 per cent decline from its high.
Shares of cement companies have slid up to 19 per cent in the last four weeks on the NSE, against a 1.06 per cent jump in the benchmark Nifty50
Stock Market Highlights on Friday, August 23: At closing bell, the BSE Sensex was at 81,086.21, up by 33.02 points. Nifty 50 was at 24,823.15, up marginally by 11.65 points
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Deep Industries share price increased up to Rs 368.70 per share, zooming 5.26 per cent on the BSE in Friday's intraday deals
Poly Medicure's share price increased up to 2.22 per cent at Rs 2195 per share on the BSE in Friday's intraday deals
Lancor, in an exchange filing, said the re-development project will have a total built-up area of 85,337 sq. ft, and it expects to begin work on the project after receiving the required approvals.
Kaynes Technology stock price surged as much as 2.86 per cent at Rs 5165.80 per share on the BSE in Friday's intraday trade
Prism Johnson's share price rallied 5.69 per cent at Rs 170.70 per share on the BSE in Friday's intraday trade
The uptick in SEPC share price came after the company announced that it has received the Final Acceptance Certificate from HGML for a contract worth Rs 232 crore.
The rise in the Spandana Sphoorty stock price came after the company announced that its board of directors will meet on August 27 to consider raising funds via NCDS on private placement basis.
Shares price of Adani Power rose as much as 2.24 per cent at Rs 689 per share on the BSE in Friday's intraday deals
The surge came after the Zomato chief executive officer Deepinder Goyal said that they have discontinued their intercity food delivery service "Legends" as it could not find product market fit.
The uptick in share price came after the board of the company fixed September 28 as the 'Record Date' to determine the eligibility of shareholders who are entitled for receipt of Bonus shares.
The uptick follows the company's recent signing of a MoU with the Coffee Board of India, aimed at the commercial launch of advanced, high-quality, disease-resistant coffee plants.
Stocks to watch on August 23: Holderind Investments, a promoter group entity, is launching a block deal to sell a 2.84 per cent stake in Ambuja Cements for $500 million
Short covering is seen in the Bank Nifty Futures, where we have seen 3 per cent fall in the open interest
Kalyan Jewellers stock surged on the BSE after the company's promoter TS Kalyanaraman plans to increase his stake
Shares of Nucleus Software Exports slid as much as 7.0 per cent at Rs 647.50 per share on the BSE in Thursday's intraday deals