Share Market Pre Open Updates – August 20, 2024

At the close of the trading session on August 19, 2024, the Nifty 50 was up by 0.13%, and the Sensex was down by 0.02%, closing at 24,572 and 80,424, respectively.

Top Gainers and Losers

Regarding sectors, Nifty Metal, Nifty Oil and Gas, Nifty PSU Bank, and Nifty Media saw gains. On the other hand, Nifty Auto, Nifty Private Bank, Nifty Bank, and Nifty Financial Services declined. 

Hindalco, Shriram Finance, BPCL, and Tata Steel were the top gainers. M&M, Bajaj Auto, IndusInd Bank, and Axis Bank were the top losers.

Stocks In The News

Now, let’s look at the stocks trending in the news.

1. CDSL

CDSL’s board-approved bonus issue of 1:1. As a result, the shares reached its record high of ₹2,883. 

2. Ola Electric

The shares of Ola Electric hit the upper circuit for the 4th consecutive session since listing on August 09, with market capitalisation surpassing ₹60,000 crore as the stock reached a high of ₹146.38.

Get the latest Share Market Updates at Angel One.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.