Top 10 Stocks In Focus Today: Adani Power, Ambuja Cements, RailTel, Nykaa, Jindal, Zomato, Wipro

Nykaa Stock : Businessman Harindarpal Singh Banga and wife Indra Banga are likely to sell a 1.4% stake worth Rs 809 crore on Friday through block deals.

Share Market News: On22nd August, the stock market closed with minor gains in a rangebound session. On Thursday, the NSE Nifty 50 edged up by 0.16 per cent to close at 24,810.20, while the BSE Sensex gained 0.14 per cent, ending at 81,017.40.

The top gainers in the Nifty 50 included Grasim Industries, Tata Consumer Products, Bharti Airtel, Tata Steel, and ICICI Bank.

Stocks to be in focus today, according to Zee Business Experts 

Jindal Stock: Jindal Saw’s board is scheduled to meet on Friday to consider a share buyback proposal. 

Bikaji Foods Stock: Company board is scheduled to meet to discuss the acquisition of Arbia Foods.

RailTel Stock: RailTel Corp has won an order of Rs 52.7 crore involving live CCTV surveillance solutions from the UP Police Recruitment and Promotion Board.

Zomato Stock: Company has decided to immediately shut down its intercity service ‘Legends’, its CEO Deepinder Goyal announced on microblogging site X (formerly Twitter).

Wipro Stock: Company has extended its agreement with John Lewis Partnership for completing a Cloud transformation project.  

Bharat Forge Stock: Bharat Forge’s board has approved the acquisition of the remaining stake in subsidiary Kalyani Powertrain for Rs 105.5 crore.

Dividend Stocks: LIC Housing Finance, IRCTC, ONGC, Federal Bank  & Forty other stocks are slated to trade ex-dividend, ex-buyback, or ex-rights on August 23. 

Adani Power Stock: NCLT has approved Adani Power’s resolution plan to acquire Lanco Amarkantak Power Ltd (LAPL) through the insolvency resolution process. 

Ambuja Cements Stock: The Adani Group is likely to sell a 2.84% stake in Ambuja Cements today through a block deal to raise around Rs 4,200 crore. 

Nykaa Stock : Businessman Harindarpal Singh Banga and wife Indra Banga are likely to sell a 1.4% stake worth Rs 809 crore on Friday through block deals.

(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)