Latest Stock Market News

A total of 6,150 shares changed hands on the counter till time (IST).

Solex Energy, up 162% in a year, announces a 1:4 bonus issue with September 13 as the record date. This is the company’s first-ever bonus share issuance.

YES Securities has identified four stocks with significant growth potential, offering up to 27% gains. The key picks include RR Kabel, L&T, FIEM Industries, and Chambal Fertilizers. These stocks are expected to benefit from factors like infrastructure spending, increased electrification, LED adoption in vehicles, and favorable agricultural conditions.

On the options front, maximum Call open interest (OI) is at the 25,000 strike, followed by 25,500, while maximum Put OI is at 24,500, followed by 24,700. Call writing is observed at the 25,000 and 25,100 strikes, and Put writing at the 24,500 and 24,700 strikes.

Krishna Institute of Medical Sciences (KIMS) has set September 13 as the record date for its first-ever 1:5 stock split, announced at its annual general meeting on August 29. Over the past two years, KIMS shares have more than doubled, with a 24.35% increase this year and a 36% rise year-to-date.

ACC Ltd., incorporated in the year 1936, is a Large Cap company (having a market cap of Rs 45896.15 Crore) operating in Cement sector.

Indian benchmarks opened higher, boosted by global cues and expectations of increased foreign inflows after favorable US inflation data.

Persistent Systems Ltd. key Products/Revenue Segments include Software Services and Software Licence for the year ending 31-Mar-2024.