//]]> //]]> Indian Stock Market Analysis: Stock Market Trade setup for 26th August : Things to know

Tuesday, August 25, 2020

Stock Market Trade setup for 26th August : Things to know

Today, Sensex closed 44.80 points higher at 38843.88 and the Nifty settled at 11472.25, up 5.80 points. Stock market ended almost flat due to profit-booking in select heavy weights amid mixed asian cues.

According to pivot charts, the key support level for the Nifty is placed at 11421.7, followed by 11371.2. If the index moves up, the key resistance levels to watch out for are 11524.3 and 11576.4.


BSE SENSEX CHART


NSE NIFTY50 CHART

High Delivery Stocks List :


Stocks in the news :

  • Moody's Investors Service has downgraded State Bank of India's standalone profile to BA2 from BA1 saying it sees the bank's asset quality and profitability deteriorating.
  • Indokem Q1 income from operations is Rs 9.47 crore and profit from continued operations is Rs 6 lakh.
  • Adhunik Industries Q1 revenue from operations is Rs 72.56 crore and profit is Rs 34 lakh.
  • IRCON International Q1 consolidated revenue is Rs 526.87 crore and net profit is Rs 34.46 crore.
  • Can Fin Homes Q1 total income is Rs 522.5 crore and net profit is Rs 93.16 crore.
  • IL&FS Transportation Networks defaulted on interest payment on non-convertible debentures.
  • Kalpataru Power Transmission Subsidiary JMC Projects secured new orders worth Rs 554 crore.

Agarwal Industrial Corporation, Ansal Housing, Cupid, DCM, Gillette India, Indraprastha Gas, Minda Finance, NACL Industries, Sharda Motor Industries, Shree Metalloys, Superb Papers etc will anounce results on 26th august.