Nifty, Sensex Rebound as Heavyweights Lead Market Recovery
These stocks are likely to be in focus on August 19
Last Updated: 18th August 2022 - 04:43 pm
At market close on Thursday, the core equity indices ended in the green after trading on the lower side during the complete trading session.
The Sensex ended aabove 60,000 mark at 60,298.00 up by 37.87 points or 0.06% and the Nifty 50 closed at 17,956.50 up by 12.25 points or 0.07%.
The top trending stocks on the BSE were ABBIndia, Adani Enterprises, Adani Power, Adani Green Energy, Apollo Tyres, Bajaj Holdings, ICICI Bank, and SBI Life Insurance Company.
These stocks are likely to be in focus for Friday's trading session -
Natco Pharma Limited: Trabectedin for injection, 1 mg/vial, has gained provisional approval for the company's abbreviated new drug application (ANDA). A generic version of Yondelis is trabectedin. Industry sales figures show that Yondelis made $49.7 million in yearly sales in the US market for the 12 months ended June 2022.The shares of the company ended higher by 0.17% on the BSE today.
Adani Green Energy Limited: Energy and Power Minister Kanchana Wijesekara announced on Wednesday that Sri Lanka has given Adani Green Energy a provisional approval for two wind projects in the country's Northern district, with a combined investment of 286 MW and 234 MW. To discuss the advancement of renewable energy projects, Wijesekara tweeted that he had met with representatives of the state-owned Ceylon Electricity Board (CEB) and Sustainable Development Authority on Tuesday. The shares of the company ended 2.96% higher, on the BSE.
Sona BLW Precision Forgings Limited: According to the terms of the deal reviewed by Bloomberg News, Blackstone intends to generate as much as Rs 3,180 crore through the sale of shares in an Indian manufacturer of automobile components. According to the agreements, a subsidiary of the US company is selling the shares for Rs 500 each. The shares of the company, ended 4.03% lower, at Rs 517.40 on the BSE.
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