Rangebound trading may continue, and Monday's low could be crucial for further direction. Below are some short-term trading ideas to consider.
Consolidation may be seen for a few more sessions before entering a new leg of the upmove. Below are some short-term trading ideas to consider.
The frontline indices are likely to rally if they start trading above all key moving averages. Below are some short-term trading ideas to consider.
Promoters - Shapoorji Pallonji and Company sold 5.78 percent stake in Sterling at an average price of Rs 623.28 per share, and Khurshed Yazdi Daruvala offloaded 1.35 percent shares in Sterling and Wilson Renewable Energy at an average price of Rs 630.01 per share.
The rationale for the merger is to 'build a unique, differentiated, global end-to-end integrated platform with leadership in animal pharmaceuticals, supported by strong operating and R&D backbone', said the companies
Albendazole is used to treat parasitic infections, such as tapeworm, roundworm, and hookworm infestations, which disproportionately affect populations in low- and middle-income countries.
HCL Technologies, MRO-TEK Realty, Bajaj Auto, Motilal Oswal Financial Services, IndusInd Bank, Hi-Tech Pipes, Sequent Scientific, and Prudent Corporate Advisory Services will also be in focus on August 20.
Sequent Scientific is involved in the animal health business working on veterinary active pharmaceutical ingredients and formulations.