//]]> //]]> Indian Stock Market Analysis: Stock Market Trade Tips for 17th August : Things to know

Sunday, August 16, 2020

Stock Market Trade Tips for 17th August : Things to know

In last trading session, Sensex closed 433 points lower at 37,877.34 and the Nifty ended at 11,178.40, down 122 points. Indices got the red mark in the week gone by due to profit-booking amid mixed global reasons.

According to pivot charts, the key support level for the Nifty is placed at 11,071.2, followed by 10,964. If the index moves up, the key resistance levels to watch out for are 11,325.9 and 11,473.4

High Delivery Stocks List :


Stocks in the news :

Fortis Healthcare Q1: Loss at Rs 187.9 crore and revenue at Rs 605.9 crore.

Sun TV Network Q1: Profit at Rs 282.8 crore and revenue at Rs 606.1 crore.

Berger Paints Q1: Profit at Rs 15.1 crore and revenue at Rs 930.8 crore.

NLC India: Company issued Commercial Paper of Rs 1,000 crore in favour of SBI Mutual Fund.

Borosil Q1: Loss at Rs 7.4 crore and  revenue at Rs 56 crore.

Jindal Steel & Power: SBICAP Trustee Company increased its stake in the company to 8.47 percent from 4.23 percent earlier.

Results on 17th August :

Petronet LNG, Can Fin Homes, Lux Industries, Orient Paper, Sical Logistics, Suven Pharma etc.