Markets are trading comfortably in positive territory indicating a bullish undertone flowing in the market. Nifty is trading above the crucial level of 9800. Nifty Bank gained over 174 points at 24,149 level. Punjab National Bank is the top Nifty gainer trading at Rs 141.45 per share up 2.50%. Meanwhile, Nifty Realty is the top gaining index among sectoral indices. The index is soaring by 1.84% at 271.05 level. Contributing majorly to the index gains DLF was the top index gainer. The stock soared 3.96% at Rs 182.25 per share. On the contrary, Prestige Estates Projects is slipping in trade losing 0.17% at Rs 258.45 per share. The S&P BSE Sensex is trading at 31430.56 up138.71 points, while Nifty is trading at 9800.75 up35.20 points. A total of 54 stocks registered a fresh 52-week high in trade today, while 60 stocks touched a new 52-week low on the NSE. The BSE Mid-cap Index is trading up 0.53% at 15,004 while BSE Small-cap Index is trading up 0.79% at 15,510. Some buying activity is seen in sectors like Healthcare, Finance and Bankex, while Auto, Power and Industrials sectors are showing weakness on BSE. Bank of Baroda, Adani Ports and SEZ and GAIL are among the gainers while Tata Power,Bharti Infratel and ZEE Entertainment Enterprise are losing on the NSE.
Intraday Tips for Today : 23rd August Wednesday
By keeping an eye on every movement of shares, your investment can be safely done. Here we are talking about such stocks which will remain in the news today and on whom the market will look.
Eris Life – RBI has increased the limit of FPI investors in Aris Life from 24 per cent to 49 per cent. At the same time, the investment limit of NRI has been increased from 10 per cent to 24 per cent.
Fortis Health – Linear Rakesh Jhunjhunwala bought 45 lakh shares at Fortis Healthcare at a price of Rs 134.65.
Pfizer – Pfizer has got a patent of pneumonia vaccine preener 13 in India. The company will sell Preveiner 13 in India by 2026.
Infosys – Infosys interim CEO UB Praveen Rao wrote a letter to the employees saying that the difficult times will be passed soon. Right now, Infosys co-founder NR Narayana Murthy is reported to have a connection with the investors.
Nestle – LIC has bought 40,000 shares of Nestle. LIC’s share in Nestle has increased to 5.01 per cent.