Index trend and stocks in action August 30, 2018
Index trend and stocks in action August 30, 2018

Index trend and stocks in action August 30, 2018

DSIJ Intelligence Article rating: 5.0

Going ahead, the zone of 11,600-11,640 is likely to act as an immediate support zone and any cool-off upto these zones may attract fresh buying. Stocks in news: Greaves Cotton, Aditya Birla Capital, Laurus Labs, Reliance Infrastructure, Jain Irrigation and National Fertilizers.

Markets likely to open with modest gains following positive global cues
Markets likely to open with modest gains following positive global cues

Markets likely to open with modest gains following positive global cues

DSIJ Intelligence Article rating: 5.0

Today, the start of the August series F&O expiry session is likely to be positive; however, we may see lot of volatility as the session progresses as traders balance their positions to the new series. The SGX Nifty suggests that Nifty could open with an uptick of 17 points the around level of 11,720. 

Principal completes acquisition of Principal PNB AMC
Principal completes acquisition of Principal PNB AMC

Principal completes acquisition of Principal PNB AMC

DSIJ Intelligence Article rating: 4.3

Principal Financial Group has completed the full share buy-back of Punjab National Bank’s shares giving Principal full ownership of the Principal Pnb Asset Management Company Private Limited.

USFDA completes inspection of Cadila Healthcare subsidiary
USFDA completes inspection of Cadila Healthcare subsidiary

USFDA completes inspection of Cadila Healthcare subsidiary

DSIJ Intelligence Article rating: 3.3

The US drug regulator inspected Cadila Healthcare's wholly-owned subsidiary Liva Pharma's injectables manufacturing unit in Vadodara, Gujarat. The inspection was carried on between August 20 to 28.

Government awards 41 RSCs to Vedanta, stock opens gap-up
Government awards 41 RSCs to Vedanta, stock opens gap-up

Government awards 41 RSCs to Vedanta, stock opens gap-up

Bhagyashree Vivarekar Article rating: 5.0

Vedanta, had proposed entry into the 41 revenue sharing government contracts. Accordingly, the company is bestowed upon 41 exploration blocks in India with a total bid cost of US$ 551 million. The stock of Vedanta opened with a gap-up of nearly Rs. 3 and surged as much as 3.4 per cent in intraday trade.

Ten stocks close to their 52-week high
Ten stocks close to their 52-week high

Ten stocks close to their 52-week high

Shital Jibhe Article rating: 5.0

The markets on August 29, 2018 opened gap up. BSE Sensex is trading at 38,876.88, down by 19.75 points and the Nifty is trading at 11,724.20, down by 14.30 points. 

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