The local markets are likely to see a cautious opening on the back of mostly dull cues from the global arena. The SGX Nifty suggests that Nifty could open lower by 32 points around the level of 11,572. .  
  

The stocks that are likely to witness significant movement on the bourses on August 24 are Celestial Biolabs, Britannia Industries, Power Mech Projects, Tamil Nadu Petroproducts and Reliance Industries.

Many investors while investing in the stock markets use various parameters before selecting a stock for the investment. Among all these parameters, the valuation is one of the key aspects for investors. In the case of mutual funds also investors should look into all the valuations keenly to understand the current situation of the mutual fund.

The microfinance company listed at Rs. 385 per share, a discount of 8.7 per cent from the issue price of Rs. 422 on BSE Exchange, on Thursday.

TVS Motor Company added yet another motorcycle to its list of commuter vehicles, TVS Radeon. The stock price was up by over 1 per cent intraday

Pennar Industries climbed close to 8 per cent in intraday trade on Thursday after the company and its subsidiary received orders worth Rs. 514 crore across various verticals.

Following stocks are close to their 52-week low as at 2.52 p.m. on August 23, 2018.

The markets on August 23, 2018 opened gap up. BSE Sensex is trading at 38,369.20 up by 83.45 points and the Nifty is trading at 11,590.65, up by 19.75 points.

Prataap Snacks informed bourses that the company's board has approved the acquisition of around 80 per cent stake in Avadh Snacks Private Limited for a cash consideration of Rs. 148 crore. As for FY18, the company had a cash of Rs. 180 crore.

Kridhan Infra Limited (KIL) informed bourses that its associate entity Vijay Nirman Company Private Limited (VNC) has bagged an order worth Rs. 174 crore from Central Public Works Department.