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Overnight digest: Stocks to watch out for on August 23
Shreya Chaware
/ Categories: Trending, Mindshare

Overnight digest: Stocks to watch out for on August 23

Domestic equity benchmarks traded on a weak note during Friday's session due to selling pressure in RIL and private bank stocks. On the sectoral front, the FMCG sector was the biggest gainer whereas, the metal sector was the biggest loser in today's trading session.  

Following stocks will be in focus on Monday:

LT Foods - LT Foods’ launches new campaign for Daawat to extend its ‘Banega Toh Farq Dikhega’ proposition. The newly-launched campaign enhances the proposition of Daawat by depicting to the consumers, the finely curated four-step process of Chunkar, Bachakar, Sambhaalkar Sajaakar, before Daawat Basmati, reaches the consumer.  

HUL - The market cap of HUL has surpassed the mark of Rs 6 lakh crore for the first time ever. The stock touched a record high price of Rs 2,630 per share today. 

EKI Energy Services - The company has declared its results for Q1FY22 and reported a stellar performance. It continued its growth momentum and reported total revenues of Rs 193 crore in Q1FY22. Amid a weak day for the markets today, this stock zoomed 5 per cent, settling at Rs 1,814 per share.  

52-week high stocks - Despite the downtrend observed in the markets today, the stocks of Bajaj Finance, Nestle India, and Titan cheered investors by crossing 52-week high prices, respectively. 

Volume toppers: Along with Bajaj Finance, the stocks of Tata Steel, Asian Paints, SBI and RIL qualified to be the volume toppers in today's trading session.  

Aarti Industries: Aarti Industries’ shares fell around 3 per cent in the second half of the trading session on Friday due to the company's announcement of the demerger of pharma unit. 

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