//]]> //]]> Indian Stock Market Analysis: Stock Market Trade Tips for 18th August : Things to know

Monday, August 17, 2020

Stock Market Trade Tips for 18th August : Things to know

Today, Sensex closed at 38,050.78 points and Nifty reached at 11,247.1.Stock market rebounded last week losses with the Nifty gaining 0.6% on 17th August backed by auto, FMCG, IT, metals and banks stocks.

According to pivot charts, the key support level for the Nifty is placed at 11,172.03 followed by 11,096.97. If the index moves up, the key resistance levels to watch out for are 11,294.63 and 11,342.17.

High Delivery Stocks List :


Stocks in the news :

Bandhan Bank : RBI lifted regulatory restrictions on the remuneration of the bank's Managing Director and CEO.

Paisalo Digital : will consider raising funds through various options, including issue of debt securities by private placement.

Jump Networks : will grow its proprietary blockchain platform across India by partnering, investing and generate a revenue of over Rs 1,000 crore.

Bharti Airtel : Commercial papers issued on May 18 have been paid by the company on August 17.

Orient Paper & Industries : Q1 loss at Rs 17.4 crore and revenue at Rs 80.6 crore.

Results on 18th August :

HAL, Gujarat Industries Power, GTL Infrastructure, Indo Count Industries, KNR Constructions, SPML Infra, TCNS Clothing, Vascon Engineers etc