Pidilite Speciality Chemicals Bangladesh Private Limited’s (PSCBL) manufacturing plant has been commissioned at Bhaluka in Mymensingh. This will be PSCBL’s second plant in addition to the existing plant at Munshigonj in Bangladesh.

Shares of Lupin gained more than a per cent after the company announced divestment of Japan-based injectables business. However, the stock closed flat on Thursday.

The stocks to watch out on August 23 include Gillette, Coffee Day, Lupin, Tata Steel and DHFL.

Indian equity markets were in a sea of red on Thursday as markets failed to get any relief from the government with regards to the FPI surcharge. The benchmark index BSE Sensex lost 587.44 points to close at 36,472.93, down by 1.59 per cent. The Nifty50 closed at 10,737.75, down by 180.95 points or 1.67 per cent as bears were in action throughout the day.

Shares of NMDC tumbled over 8 per cent to touch a new 52-week low on Thursday after the company announced Rs. 200 per ton cut in iron ore lump and fines prices.

ED and CID are investigating alleged irregularities in Foreign Investment Promotion Board (FIPB) approvals given by former Finance Minister P Chidambaram. The stock of United Spirits Limited experienced volatility due its parent company's link to the case. 

The markets on August 22, 2019 opened gap down. BSE Sensex is trading at 36,804.33, down by 256.04 points and the Nifty is trading at 10,834.45, down by 84.25 points.

Shares of Coffee Day were locked in the upper circuit for the third consecutive session on Wednesday on reports that ITC was looking to acquire stake in the company.

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