MARKET OVERVIEW :

Stock Market Update on August 30, 2024

Nifty 50 at 24,250, led by Bharti Airtel, ICICI Bank:  Reliance Bonus issue 1:1.

Indian benchmark indices Nifty 50 and Sensex opened today’s trade session at fresh record highs.

Nifty 50 hit a fresh record high of 25,258.8 in trade today and continues to trade with gains.
Bharti Airtel, M&M, ICICI Bank, TCS, Power Grid are the top contributors towards Nifty 50’s upside. Meanwhile, Bharti Airtel, M&M, Divi’s Laboratories, Power Grid, Cipla are among the top Nifty gainers.
Overnight, Wall Street had a mixed session.
HDFC Bank, Reliance, Infosys, Tata Motors, Sugar stocks, RVNL, ITI, Jai Corp, NBCC, SpiceJet, CDSL, LIC, Lemon Tree are among the stocks in focus today.

Top Stocks To watch.

Watch  City Union Bank at a tarhet of Rs 182 with a stop loss of Rs 169.5
Watch  Shree Cement at a target of Rs 26,000 with a stop loss of Rs 25,000

Reliance Extends Losses, Top Nity Loser

SpiceJet Shares Hit Turbulence Amid Enhanced DGCA Surveillance, Cash Woes

SpiceJet shares tanked in early trade on August 30, a day after multiple developments added to the woes of the cash-strapped domestic airline.

RVNL Bags Order Worth Rs 203 Crore From Railways, To Be Executed In 18 Months

Thyrocare To Acquire Vimta’s Diagnostic And Pathological Services Business On A Slump Sale Basis

Mahindra Group & Sentrycs Sign Non-Binding MoU To Explore Anti-Drone Solutions

Sensex Today | Stock Market LIVE Updates: MSCI Adjustments: RVNL Shares Advance Ahead Of Potential Inflows Worth Up To $220 Million

Shares of Navratna PSU Rail Vikas Nigam Ltd. are trading with gains of as much as 3% on Friday as the stock is gearing up for potential inflows post its inclusion in the MSCI Global Standard Index.

Shares of Reliance Industries Ltd. opened over a percent higher in trade Friday (August 30). Most analysts tracking RIL have retained their bullish outlook on the Nifty 50 heavyweight following the company’s Annual General Meeting (AGM).