//]]> //]]> Indian Stock Market Analysis: Stock Market Trade setup for 28th August : Things to know

Thursday, August 27, 2020

Stock Market Trade setup for 28th August : Things to know

Today, Sensex closed 39.55 points higher at 39113.47and the Nifty settled at 11559.25 up 9.65 points. Stock market managed to end on little high despite a good gain in first half. 

According to pivot charts, the key support levels for the Nifty is placed at 11527.43 followed by 11495.67. If the index moves up, the key resistance levels to watch out for are 11604.13 and 11649.07.


BSE SENSEX CHART


NSE NIFTY50 CHART


High Delivery Stocks List :


Stocks in the news :

  • NMDC company reported a 55 percent decline in Q1 FY21 PAT at Rs 533 crore and revenue fell almost 41 percent to Rs 1,937.50 crore.
  • GMR Infrastructure net loss for the June quarter more than 834 crore.
  • PNC Infratech Q1 consolidated PAT declined 48 percent to Rs 92 crore and revenue declined 28 percent to Rs 1,093 crore.
  • Mahindra & Mahindra company announced the introduction of the marazzo with BS-VI technology.
Centum Electronics, GP Petroleums, Industrial Investment Trust, Inox Wind, Khadim India, Kohinoor Foods, Magnum Ventures, SJVN, Polytex India etc will anounce results on 28th August.