Overnight digest: Stocks to keep a watch out for on August 24
Overnight digest: Stocks to keep a watch out for on August 24

Overnight digest: Stocks to keep a watch out for on August 24

DSIJ Intelligence Article rating: 3.8

At the start of the week, the domestic market witnessed strong buying interest and traded in the green. For the maximum time, Sensex and Nifty traded above the previous close on Monday. IT stocks along with the financial stocks sparkled today whereas the broader market faced a notable hit in today's trading session. 

Nihar Info Global hits upper circuit; obtains FSSAI licence for healthcare products
Nihar Info Global hits upper circuit; obtains FSSAI licence for healthcare products

Nihar Info Global hits upper circuit; obtains FSSAI licence for healthcare products

Being a premium seller, Nihar Info would be selling various healthcare products via e-commerce platforms such as Amazon and Flipkart.

DSIJ Intelligence Article rating: 3.8

Nihar Info Global recently announced that it has obtained Food Safety & Standards Authority of India (FSSAI) Licence under FSS Act, 2006 as a marketer, retailer, distributor, exporter, and importer. 

Lasa Supergenerics zooms 8 per cent; heres why!
Lasa Supergenerics zooms 8 per cent; heres why!

Lasa Supergenerics zooms 8 per cent; heres why!

Currently, all units of the company are up and running.

DSIJ Intelligence Article rating: 3.4

Lasa Supergenerics announced that it has resumed manufacturing operations in plants located at Mahad. Besides, the company has also restarted operations in units situated in Chiplun (both in Maharashtra) within a week of floods. 

IEX outperforms; rallies 5 per cent!
IEX outperforms; rallies 5 per cent!

IEX outperforms; rallies 5 per cent!

The green market was inaugurated formally by Minister of Power and New & Renewable Energy – RK Singh, on September 1, 2020. It furnishes a strong value proposition such as transparent and flexible procurement, competitive prices as well as payment security to participants.

DSIJ Intelligence Article rating: 3.5

Indian Energy Exchange’s green term-ahead market has cumulatively traded 2,744 MU of renewable energy in its first year, comprising 1,477 MU in the non-solar segment and 1,267 MU volume in the solar segment. 

Options data indicates 16,500 may act as good support for Nifty!
Options data indicates 16,500 may act as good support for Nifty!

Options data indicates 16,500 may act as good support for Nifty!

DSIJ Intelligence-3 Article rating: 3.9

On the options' front, the 16,500 Put option sees huge addition of open interest on Monday as nearly 24.86 lakh shares have been added. So, the total open interest at the 16,500 Put strike has reached 60.2 lakh shares while 16,500 Call Option strikes total open interest added 66.65 lakh shares.

Have a look at these buzzing IT stocks today!
Have a look at these buzzing IT stocks today!

Have a look at these buzzing IT stocks today!

BSE IT index is trading in green at 1.24 per cent on the upper side. It is outperforming the domestic benchmark indices by a notable margin when other sectoral indices are still trading in the red zone.

DSIJ Intelligence Article rating: 4.0

The domestic benchmark indices have begun the week on a positive note. Sensex is up by 0.25 per cent or 137.33 points while Nifty is at 16,462.90 level, up by 0.16 per cent or 26.15 points. Today is yet another cheering day for the IT stocks! BSE IT index is trading in green at 1.24 per cent on the upper side. It is outperforming the domestic benchmark indices by a notable margin when other sectoral indices are still trading in the red zone. 

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