Stock Market Today: The Gift Nifty was trading at a discount of around 55 points from the previous closing of the Nifty futures, at 25,002 points while writing. The trends observed in Gift Nifty also suggest that the Indian benchmark index is off to a bad start. Support levels for the Nifty may be found at 24,920, 25,040, or 24,870, while resistance could be found in the current session between 24,180 and 25,230. The Bank Nifty index concluded at 51,143.85, down 134.90 points, on. Yesterday. On the daily charts, this formed a modest bearish candlestick pattern.
Stock Market Today: Stocks in focus
PB Fintech
PB Fintech Limited is an Indian enterprise that utilises technology, data, and creativity to offer an online platform for lending and insurance products. Tencent, a global Chinese technology company, is expected to sell PB Fintech a 2.1% interest through a block deal for an estimated Rs 1,610 crore.
Vedanta
Iron ore, gold, and aluminium mines in Goa, Karnataka, Rajasthan, and Odisha are the primary businesses of Vedanta Limited, an Indian multinational mining corporation with its headquarters located in Mumbai. On September 2, during its board meeting, metal giant Vedanta will discuss the third interim dividend for the fiscal year 2024–2025.
VLS Finance
The VLS Group is an integrated financial services organisation that encompasses multiple divisions and facets. Its primary presence extends to practically all areas of the financial services industry, including asset management, arbitrage, strategic private equity investments, and investment banking and structured finance. 33 lakh shares (9.48% eq) of the firm would be repurchased by VLS Finance for up to Rs 125 crore, or Rs 380 per share. August 30 is when the buyback will open and close on September 5.
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