On Wednesday, the benchmark Indices closed flat amid volatility. Strong buying is seen in capital goods and metal stocks while IT stocks were under selling pressure today. 

Indices closed lower ahead of important US CPI data. Nifty closed flat while Sensex shredded 35 points. Nifty Midcap and Nifty Smallcap slipped 0.15 per cent & 0.51 per cent, respectively.

Markets opened flat on the back of poor global cues. We curated a list of stocks experiencing a strong positive breakout in this post.

Fine Organics, Fairchem and Tata Chemicals are witnessing positive action in today’s session.  

The stock climbed more than 4 per cent when the market was trading volatile on Wednesday.

Due to mixed sentiments on Wednesday among Asian counterparts, the Indian markets traded on the lower side. Broad-based selling pressure during June 2022 quarterly earnings pulled down the major indices like Sensex and Nifty 50.

As trading resumed after the public holiday, the significant equity barometers are trading with modest gains in the early trade. The shares of pharma, healthcare, and private banks rose while those of IT, oil & gas, and real estate fell. Asian stock prices are seen falling this morning.

The company has also announced dividends of Rs 3.5 per share that have a face value of Rs 2 per share with a record date fixed on August 22.   

The pharmaceutical sector in India ranks third in terms of volume and fourteenth in terms of value (both globally).  The domestic market is anticipated to increase three times in the next ten years, according to the Indian Economic Survey 2021.

Herein, David is referred to as the SME IPOs. SME stands for small & medium enterprises and is considered to be the backbone of India’s growing economy.