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The economic uncertainty created by successive Covid-19 waves is not over yet, sources said, adding that the oil ministry also feels that unseen control on retail prices may hit divestment prospects.

Jubilant Food shares drop 0.26% as Sensex rises

Updated at : 2022-08-24 12:30:02

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The stock quoted a 52-week high of Rs 915.49 and a 52-week low of Rs 451.6.

Buy UPL, target price Rs 1060: JM Financial

Updated at : 2022-08-24 12:30:02

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UPL Ltd., incorporated in the year 1985, is a Large Cap company (having a market cap of Rs 56911.07 Crore) operating in Pesticides/Agro Chemicals sector.

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Promoters held 50.83 per cent stake in the company as of 30-Jun-2022, while FII and DII ownership stood at 26.62 per cent and 0.55 per cent, respectively.

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The Nifty Pharma index closed 0.76 per cent up at 12683.55.

The company, which facilitates an enhanced airport experience for passengers, leveraging its technology-driven platform, will not directly receive any money from the issue and the entire proceeds will go to promoters.

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We are still not out of the woods till the time a few important levels are taken out. As of now, 17,650-17,710 is the immediate resistance zone and momentum traders should ideally look to lighten up longs around it. On the flipside, 17,525-17,450 are to be seen as immediate supports,sai d Sameet Chavan of Angel One.

“Crude oil price is always a big joker in the pack which one needs to watch out for because India is and will continue to be a price taker and not a price maker. But I do not really see inflation doing a Laal Singh Chaddha or a Forrest Gump and keep on running. Therefore, the central banker need not really behave like F1 racing champ Schumacher.”

Piramal Ent. shares up 1.96% as Nifty falls

Updated at : 2022-08-24 11:45:01

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The stock quoted a 52-week high price of Rs 3013.0 and low of Rs 1561.0.

The series of such testnet upgrades will lead to a successful final merge which is expected to drive the price momentum for Ethererum. As we approach the merge deadline, Ethereum is expected to create a new support level at the $2000 mark and will lead the overall growth of the crypto market.

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