Top Stocks to Watch on August 22nd
Domestic Markets Gain
Indian stock markets opened higher on Wednesday, August 22nd, with the Nifty 50 index rising 0.47% to 17,700.80 points as of 09:20 AM IST. The BSE Sensex gained 0.44% to 59,304.34 points.
Stocks in Focus
Several stocks are expected to be in focus on August 22nd due to corporate announcements or other factors.
- Kalyan Jewellers India Ltd.: Promoter Trikkur Sitarama Iyer will acquire a 2.36% stake in the company from Highdell Investment at Rs. 85 per share.
- Esoteric II Pte. Ltd.: The sponsor plans to sell a 17.32% stake in the company through an Offer for Sale (OFS) on August 22nd-23rd, 2024.
- HDFC Life Insurance Company Ltd.: The company's board will consider a share buyback proposal on August 22nd, marking its sixth buyback since 2016.
Investors should monitor these stocks for potential trading opportunities.
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