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Top 10 stocks that trended in the market on August 23

Top 10 stocks that trended in the market on August 23

Top 10 stocks that trended in the market on August 23
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By Ajay Vaishnav  Aug 24, 2018 6:39:35 AM IST (Updated)

Here's a list of stocks that made the buzz in the market on August 23

Indian equity indices closed in the green with the Sensex jumping over 51 points to end at 38,336.76 or higher by 0.13 percent.

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The Nifty 50 settled at 11,582.30, up by over 11 points or by 0.10 percent. Capital goods, fast moving consumer goods (FMCG), information technology (IT) and pharma stocks surged, while metal, bank, financial services and auto stocks dipped.
Here's a list of stocks that made the buzz in the market today:
Tata Motors: Shares slipped 4.33 percent to end at Rs 257.40 on the BSE after reports of US imposing 25 percent levy on cars from Europe.
Reliance Industries: Shares ended 1.86 percent higher in trade at Rs 1,269.70 on the BSE. Reliance Industries has added market capitalisation of more than Rs 2 lakh crore in 2018, with the oil-to-telecom conglomerate's total market capitalisation now above Rs 8 lakh crore.
Bombay Burmah Trading Corp.: Another Wadia Group company' stock soared 20 percent to trade at Rs 2,009.80, rising by Rs 334.95 in intraday trade. It ended at Rs 1,960.25, higher by 17.04 percent on the BSE.
J B Chemicals and Pharmaceuticals: Shares rose over 11 percent to a six-month high of Rs 337.90 after the company said its board will meet on August 31 to mull buyback of shares. It ended at Rs 328.20, higher by 8.19 percent on the BSE.
National Peroxide: Wadia Group company's shares closed at Rs 4,375.70, higher by 3.58 percent on the BSE. Intraday, the scrip jumped to a high of Rs 4,464.95.
Prataap Snacks: Shares of Prataap Snacks Ltd surged as much as 17.7 percent to Rs 1,290, posting biggest intraday percent gain since its trading debut in October last year. At close, it traded at Rs 1,285.40, jumping 19.74 percent on the BSE.
GlaxoSmithKline Consumer Healthcare: Shares surged over eight percent to hit lifetime high of Rs 7,700, after reports of many FMCG majors being in the fray to buy its nutrition business, including Horlicks. Shares ended at Rs 7,500, rising 5.41 percent on the BSE.
Globus Spirits: Shares traded at Rs 155.50, spiking by 6.58 percent at close on the BSE. It has traded in a range of Rs 159.35 and Rs 144.05, after opening at Rs 147.10. Speaking to CNBC-TV18, the company said it expects Bihar Distillery to resume operations soon and the facility will run by 75 percent by December 2018.
Mahanagar Gas: Shares slumped over 7.5 percent to Rs 835.05 in intraday trade, but recovered a bit to settle at Rs 840.25, down by 6.62 percent.
CreditAccess Grammen: Shares of microfinance firm ended at Rs 420.80, higher by 9.30 percent or by Rs 35.80, from its opening price of Rs 385. The stock had a tepid start on the BSE and ended 0.28 percent lower from its issue price of 422.
Disclaimer: Network18, the parent company of CNBCTV18.com, is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.
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