Thank you, readers! That's all from CNBCTV18.com's live market coverage on August 24, 2022. Stay tuned for other updates on our website: CNBCTV18.com.
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Aug 24, 2022 4:21 PM
Don't see much downside in PSU banking stocks in medium term: Shahina Mukadam
Independent market expert Shahina Mukadam tells CNBC-TV18 that she prefers investing in largecap banking stocks such as ICICI Bank and HDFC Bank from a long-term perspective. "As far as ICICI Bank goes, the valuation is so attractive. It's just around 2.5 times so I would prefer one of these two," she adds.
Aug 24, 2022 4:21 PM
Market At Close | Fag-end bounce in financial stocks helps headline indices hold on to the green
Here are some highlights:
--Except SBI, all Nifty Bank constituents in the green — ICICI top gainer
--Apollo Hospitals top Nifty gainer — up three percent
--BPCL, Tata Steel, Divi’s, TCS, Titan top Nifty losers
--RBL Bank top midcap gainer — stock surges 17 percent
--Paper stocks continue to gain momentum — Ruchira Papers soars 14 percent
--Can Fin, ABB, Bandhan Bank, IDFC First Bank, Sun TV top midcap gainers
--Lupin, Balrampur, Mphasis, HDFC AMC, Guj Gas top midcap losers
Aug 24, 2022 3:46 PM
Rupee edges higher vs US dollar
Aug 24, 2022 3:43 PM
Lupin gets US regulator's approval for chronic lung disease drug
Aug 24, 2022 3:31 PM
IGL will not cut CNG prices
Indraprastha Gas (IGL) Director for Commercial Pawan Kumar, on August 24, told CNBC-TV18 that the company will not decrease compressed natural gas (CNG) prices from hereon. (Here's more)
Aug 24, 2022 3:24 PM
Large Trade | 27.4 lakh Bank of Baroda shares trade in 2 blocks at average price of Rs 122 apiece
Aug 24, 2022 3:23 PM
Dixon Technologies eyes opportunity to manufacture for Apple in India
“Apple clearly wants to make India a manufacturing hub. Internationally, they want to shift some of the supply chains from outside China to India and India is a big beneficiary,” Saurabh Gupta, CFO at Dixon Technologies said. (More here)
Aug 24, 2022 3:12 PM
More than 21 lakh shares of Bank of Baroda change hands at Rs 122/sh
Aug 24, 2022 2:56 PM
Dreamfolks Services IPO fully subscribed on Day 1
Airport Service aggregator platform Dreamfolks Services' IPO opened for public subscription is fully subscribed. The initial share sale will conclude on August 26.
Aug 24, 2022 2:27 PM
Shree Cement at day's high
Aug 24, 2022 2:16 PM
Buy Sun TV, sell SRF: Sameet Chavan
Here are two recommendations by Sameet Chavan of Angel One:
-- Buy Sun TV for a target of Rs 518 with a stop loss at Rs 492
-- Sell SRF for a target of Rs 2,290 with a stop loss at Rs 2,430
Aug 24, 2022 2:03 PM
Parag Milk Foods raises Rs 131 crore via preferential allotment from investors and promoters
Aug 24, 2022 1:45 PM
Buy Mahindra & Mahindra, RBL Bank: Sudeep Shah
Here are two recommendations by Sudeep Shah, Head-Technical And Derivative Research, SBI Securities:
-- Buy Mahindra and Mahindra (M&M) for a target of Rs 1,330-1,345 with a stop loss at Rs 1,235
-- Buy RBL Bank for a target of Rs 128-130 with a stop loss at Rs 102-103
Aug 24, 2022 1:39 PM
Tata Elxsi near day's high
Aug 24, 2022 1:18 PM
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