PNB shares drop 1.14% as Sensex falls (21-08-2024)
On the technical charts, the RSI of the stock stood at 46.29.
Rajya Sabha bypolls: Union minister George Kurian files nomination as BJP candidate from MP (21-08-2024)
George Kurian, Minister of State, filed his nomination for the upcoming Rajya Sabha by-election in Madhya Pradesh. He aims to fill the seat left vacant by Jyotiraditya Scindia. Given the BJP's substantial strength in the Madhya Pradesh assembly, Kurian is well-positioned for a secure win.
Rane Group stocks rally; Rane (Madras), Rane Engine, Rane Brake zoom 20% (21-08-2024)
Rane Holdings, on the other hand, surged 16 per cent to Rs 2,068.75. All these stocks hit their respective 52-week highs today
Brace Port Logistics IPO subscribed over 200 times on Day 3 so far. Check GMP, other details (21-08-2024)
Brace Port Logistics' IPO, which opened on August 19, saw massive demand, being subscribed 217 times so far on the final day. Retail and non-institutional investors led the bidding. The company seeks to raise Rs 24 crore from a fresh equity issue, with shares priced at Rs 76-80, to fund working capital and general purposes.
IRCTC shares up 0.67% as Nifty gains (21-08-2024)
A total of 86,659 shares changed hands on the counter till time (IST).
Sugar Cycles: 7-8 years of losses followed by 2-3 years of super gains! (21-08-2024)
As expected, Balrampur results were good and thats why the stock has run up.
With expected announcement on ban on sugar ethanol being removed, the sector will be re-rated.
- Dhampur Bio is expected to show good Q2 and Q3 profits due to liquidation of sugar stocks. Also commissioning of grain based ethanol plant will increase profits. (Technically also it is at golden cross over level of 135).
- Uttam Sugar is fairly valued but positive impact of increase in crushing capacity could be there. Risk of red rot is not clear as of now.
- Dhampur Sugar, Triveni will affected by red rot this year
Cyient to sell 14.50% stake in Cyient DLM via block deal (21-08-2024)
Cyient on Tuesday announced that its board has approved the sale of 14.50% stake in its subsidiary, Cyient DLM through block deal.
Cryptocurrency Prices on August 21: Bitcoin drops below $60,000; Ethereum, Litecoin fall up to 4% (21-08-2024)
Cryptocurrencies saw notable declines, with Bitcoin dropping by 2.3% and Ethereum falling by 2.8%, ahead of key U.S. economic data. Anticipated policy moves and labor data revisions could influence market directions. Experts suggested potential rallies for Bitcoin if jobless claims decrease, while other major cryptocurrencies like BNB and Solana also faced downturns.