Index trend and stocks in action on August 21, 2020
Index trend and stocks in action on August 21, 2020

Index trend and stocks in action on August 21, 2020

DSIJ Intelligence-3 Article rating: 4.8

On the upside, the immediate resistance is at 11,370, followed by 11,400. As long as Nifty stays below this level, do not create any aggressive long positions. On the other hand, the range of 11,200-11,250 is likely to act as immediate support for the index. Stocks in news: GMM Pfaudler, Greenlam Industries, Hindalco Industries, TCS, Premier Explosives, Wipro.

Acrysil hits upper circuit post signing pact with IKEA Supply AG
Acrysil hits upper circuit post signing pact with IKEA Supply AG

Acrysil hits upper circuit post signing pact with IKEA Supply AG

DSIJ Intelligence Article rating: 3.9

The stock of Acrysil Limited hit its upper circuit on Thursday after the company announced that it has entered into a strategic partnership with IKEA Supply AG (Switzerland) for manufacturing and supply of composite quartz kitchen sinks for their global requirement.

Maruti Suzuki to collaborate with IIM Bangalore to promote startups
Maruti Suzuki to collaborate with IIM Bangalore to promote startups

Maruti Suzuki to collaborate with IIM Bangalore to promote startups

DSIJ Intelligence Article rating: 3.9

India’s largest carmaker, Maruti Suzuki India Limited, announced on Thursday that it has entered into a partnership with Nadathur S Raghavan Centre for Entrepreneurial Learning (NSRCEL), the startup hub and incubation centre at Indian Institute of Management, Bangalore (IIMB).

Sensex, Nifty tank; Power stocks rally, NHPC jumps by more than 12 per cent, Aarti Drugs zooms by nearly 20 per cent
Sensex, Nifty tank; Power stocks rally, NHPC jumps by more than 12 per cent, Aarti Drugs zooms by nearly 20 per cent

Sensex, Nifty tank; Power stocks rally, NHPC jumps by more than 12 per cent, Aarti Drugs zooms by nearly 20 per cent

DSIJ Intelligence Article rating: 3.9

Affected by the weak global cues, Sensex on Thursday slid by 394.40 points or 1.02 per cent to close at 38220.39 levels. Nifty slipped by 96.20 points or 0.84 per cent to close at 11312.20 levels, whereas the India VIX stood at 20.62 jumping 3.31 per cent.

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