DSIJ Mindshare

The stocks to watch out on August 28 include Premier Explosives, Oberoi Realty, Dilip Buildcon, Allahabad Bank and Sinclairs Hotels & Resorts.

Market participants paid no heed towards FICCI Economic Outlook Survey stating that India's economy will grow at a median rate of 6 per cent during the Q1FY20. The survey also pegged the annual median GDP growth forecast for 2019-20 at 6.9 per cent, with a minimum and maximum estimate of 6.7 per cent and 7.2 per cent, respectively.

The stock of Petronet LNG Ltd has given ascending triangle breakout on a daily scale.

Shares of Bank of Baroda marked a positive session and jumped nearly 4 per cent intraday on BSE after the public lender said that it has received approval for raising up to Rs. 2,150 crore in Tier-I, II bonds.

The company had mentioned that Rs.10 and above segment contributed 31 per cent to total volumes and 45 per cent to the total value in Q1FY20. Going ahead, management expects this segment to contribute 50 per cent of domestic revenues by FY21.