Top 5 stocks of the day: ITC, LTIMindtree, Divis Lab, Power Grid and Reliance Industries are among the top losses on the Nifty, while Adani Ports, Titan Company, Adani Enterprises, Bajaj Auto and SBI are among the top gainers of today. All other sectoral indexes, with the exception of PSU Bank, ended in the negative, with capital goods, oil and gas, electricity, FMCG and information technology down 0.3-0.9 percent. The broader indices beat the main indices, with the BSE midcap and smallcap indices finishing slightly higher.
Sensex and NSE Nifty50
The Sensex was down 388.40 points, or 0.59 percent, at 65,151.02 at the closing, while the Nifty was down 99.70 points, or 0.51 percent, at 19,365.30. Around 1777 shares rose, 1696 fell, and 152 were constant. Benchmark indices closed lower on August 17, with the Nifty falling below 19,400 due to selling in all sectors except PSU banks.
Top 5 stocks of the day
| Company Name | High | Low | Last Price | Prev Close | % Gain |
|---|---|---|---|---|---|
| Adani Ports | 813.60 | 776.85 | 809.65 | 776.10 | 4.32 |
| Titan Company | 3,079.45 | 3,012.00 | 3,071.75 | 3,011.10 | 2.01 |
| Adani Enterprises | 2,487.20 | 2,442.05 | 2,479.70 | 2,445.10 | 1.42 |
| Bajaj Auto | 4,668.45 | 4,576.05 | 4,657.85 | 4,600.60 | 1.24 |
| SBI | 573.15 | 564.00 | 572.15 | 565.35 | 1.20 |
NCLAT agrees to hear IDBI’s appeal
IDBI Bank’s appeal against the National Company Law Tribunal’s (NCLT) ruling will be heard in full by the National Company Law Appellate Tribunal (NCLAT) on August 17. The issue concerns the lender’s claim of insolvency against sizable media company Zed Entertainment Enterprises Limited (ZEEL). No notice has been sent to ZEEL, and IDBI is now asking for one week to file further paperwork. The following hearing will take place on August 31.
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