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On August 29, the closing prices of three stocks from Nifty200 pack dropped by more than 2% relative to the VWAP, and a shift below the VWAP suggests a potential bearish trend.

Gold and silver futures at MCX traded lower on Friday, despite gains earlier in the week. Gold futures settled up 0.62% at Rs 72,188 per 10 grams on Thursday, while silver futures also rose 0.62% to Rs 87,049 per kilogram.

Five-Star Business Finance Ltd. key Products/Revenue Segments include Interest, Income From Sale Of Share & Securities and Fees & Other Charges for the year ending 31-Mar-2024.

Archit Nuwood is pricing its shares between Rs 257 and Rs 270 each, with a minimum bid of 400 shares per lot. In the unlisted market, the shares are trading at a grey market premium (GMP) of Rs 270, reflecting a 100% premium over the issue price.

Reliance plans to double its revenue and EBITDA for Jio and retail in the next three to four years. They are focusing on AI-driven applications and omni-channel retail growth. Additionally, the new energy segment, led by Anant Ambani, aims to surpass the O2C business in profitability within five to seven years.

​Bajaj, for a long-term investor, is good. Anyway, they are doing all kinds of good things, ticking all the right boxes. As far as four wheelers are concerned, I will be a little cautious at this stage not because of anything else but the valuation. I would rather play the auto sector through auto components, auto ancillary companies, and that is a place where the opportunities are much bigger according to me at this stage.

This means today will be the last day to buy the shares of these companies in order to be able to qualify for the dividends announced by them.

​Of course, we can debate the valuations and things like that, but fundamentally IT as a business should do well in the near future. As far as FMCG is concerned, the reason, again, I must mention that rural demand was really-really weak and that has now started improving. The green shoots are visible.

Mixed sentiments are seen in global markets. Nikkei is expected to underperform whereas DAX remains in a corrective phase.

Bondada Engineering, which listed on the BSE SME in August 2023, has surged over 4,400% from its IPO price of Rs 75. The company will start trading ex-split from the upcoming Monday following its announcement of a 1:5 stock split in July, with September 2 set as the record date. Today is the final opportunity to purchase shares to be eligible for the stock split.