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The benchmark index BSE Sensex closed down at 37,060.37, down by 267.64 points or 0.72 per cent on Wednesday. The Nifty50 closed at 10,918.70, down by 98.30 points or 0.89 per cent. Bear mode got activated after India's veteran biscuit-maker Parle threatened of job cuts citing economic slowdown.

Every investor who is active in the equity market needs to have a demat account and a trading account. With many attractive trading rates advertised by new brokerage firms and the current market volatility, traders as well as investors are looking to cut costs and maximise returns.

The stock of United Spirits is trading with a positive bias on news that its promoter Relay BV purchased 33,10,515 shares in the company.

Zydus Cadila announced on Wednesday that it has initiated a Phase 2 clinical trial for gauging the effect of Saroglitazar Mg in the treatment of Non-Alcoholic Fatty Liver Disease (NAFLD) in women suffering with polycystic ovary syndrome (PCOS). The EVIDENCES VII trial is currently recruiting patients across several clinical sites in USA and Mexico.

Following stocks are close to their 52-weeks low as at 13:34 p.m. on August 21, 2019.