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Best Nifty Intraday Tips for Today – 31st August (Thursday)

Market Live Update: Benchmark indices are trading with weak whereas broader market indices continue to trade in positive territory. Nifty Bank index lost 71 points and currently trading at 24,237 level. IndusInd is majorly contributing to index losses and dragging the index further to trade in lower levels. IndusInd Bank is gaining in trade by 0.38% at Rs 1662.10 per share. the S&P BSE Sensex is trading at 31,586 down 60 points, while Nifty is trading at 9869 down 13 points. A total of 42 stocks registered a fresh 52-week high in trade today, while 13 stocks touched a new 52-week low on the NSE. The BSE Mid-cap Index is trading up 0.15% at 15,529 and BSE Small-cap Index is trading up 0.26% at 15,908 levels. Some buying activity is seen in Oil & Gas and Auto sectors, while FMCG, Healthcare sectors are showing weakness on BSE.

Best Nifty Intraday Tips for Today – 31st August (Thursday)

It is possible to delay biocon’s breast cancer drug in the US. The US FDA has extended the date of judgment on the transujumab by 3 months. Although Biocon says that commercial launch of Transujumab will not be delayed.

Balrampur Chini / Dhampur Sugar / Bajaj Hindustan
Sugarcane mills of UP will start crushing from October. Crushing will begin about a month ago. In the second year in UP, the bumper crop of sugarcane has been observed.

Ashoka buildcon
HDFC Mutual Fund has bought 24.32 lakh shares at the price of 188 rupees per share of Ashoka Buildcon.

Majestic Auto
The board of the company has approved the sale of properties worth Rs 300 crore.

Reliance Defence / India Electronics

Thales will join joint venture with Reliance Defense next year. Thales is in talks to increase the share of existing joint venture from Bharat Electronics.