News

IRCON has received a Letter of Acceptance (LoA) from the Meghalaya government for a project worth ₹510.5 crore.

Bajaj Auto overcomes global magnet supply lenge, and Chetak deliveries resume ahead of plan and the festive season

Prayagraj has witnessed a case of large-scale fraud in the implementation of the Pradhan Mantri Awas Yojana (PMAY). Over 9,000 beneficiaries reportedly availed themselves of financial assistance worth ₹1.20 lakh each under the scheme despite already owning houses, the report said. here

Gold prices edged lower on Friday (August 22) as a firm US dollar pressured demand, while investors turned cautious ahead of US Federal Reserve Chair Jerome Powell’s remarks at the Jackson Hole symposium that could shape expectations for future monetary policy. here

Kulgod is a 25-year-old cognitive scientist and grew up in Belgaum in a family of doctors—his father, Dr. Shashikant Kulgod, is a gastroenterologist surgeon, and his mother, Dr. Vijayalakshmi Kulgod, is a paediatrician.

Shares of Sunteck Realty Ltd. surged as much as 3% from the day’s low on Friday, August 22. The stock has gained in the last four trading sessions.

Anticipation of a possible Goods and Services Tax (GST) rate cut on automobiles has begun to weigh on sales momentum across the industry.

Market Watch: Aditya Agarwala, Head-Research & Investments Invest4edu

Akme Fintrade

The Board has, inter-alia, allotted 50000 (Fifty Thousand) Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures (“Debentures”) of ₹10,000/- each aggregating to ₹ 50,00,00,000/- on private placement basis.

Shares of Divi’s Laboratories Ltd. gained over 2% on Friday, August 22, after brokerage firm Citi projected a 28.5% upside on the stock, saying that the recent weakness in the stock is a buying opportunity. here

Market Watch: Vinay Rajani, Senior Technical & Derivative Analyst, HDFC Securities

Dharmesh Shah, VP Head of Technical, ICICI Securities

Conrad Saldanha, Managing Director and Portfolio Manager at Neuberger Berman, believes that India’s equity markets are currently benefiting from several domestic tailwinds. Positive goods and services tax (GST) relief, good monsoons, and festive season demand have boosted sentiment, but as he cautions, “you got to sustain that, and it has to come through in earnings,” here

Shares of R Systems International Ltd. gained 17% on Friday, August 22, after the company said it has entered into a definitive agreement to acquire Novigo Solutions, a specialist in low-code / no-code (LCNC) development and intelligent-automation services. here

The rupee declined 11 paise to 87.36 against the US dollar in early trade on Friday (August 22) amid a rise in dollar demand.

Gokaldas Exports On CNBC-TV18  

AEPC On CNBC-TV18        

The Nifty is on the decline and is testing the 20-day moving average of 24,735.

Hong Kong-based brokerage firm CLSA has maintained an ‘Outperform’ rating on Nifty 50 heavyweight Reliance Industries Ltd. The brokerage has a price target of ₹1,650 on the stock.

The price target ascribed by CLSA implies a potential upside of nearly 16% from Thursday’s closing levels.

B S Ajaikumar, Healthcare Global On CNBC-TV18     

NewsLive TVMarketPopular CategoriesCalculatorsTrending NowLet's Connect with CNBCTV 18Network 18 Group :©TV18 Broadcast Limited. All rights reserved.