News for Aditya Vision Limited (AVL.BO)

In the Nifty pack, 35 stocks closed in the green, while 15 stocks ended in the red.

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:

India's consumer durables sector faces risks like demand slowdown and rising competition, but small-cap firms Electronics Mart India and Aditya Vision stand out with strategic growth plans, offering compelling investment opportunities.

Indian equity indices plunged on Wednesday, with the Sensex falling 984 points and the Nifty dropping below 23,600, driven by rising inflation, weak earnings, and ongoing foreign outflows. Analysts see 23,500 as a key support level, with further corrections possible below this point.

Buzzing Stocks Today, Stocks that will see action today: Max Healthcare, HFCL, Welspun, PowerGrid, Waaree Renewable, Ambuja Cements, Hyundai, Samvardhana, GIC, BSE, FSN e-Commerce, 3m India, Suven Pharma, eIH, RPower, Sundaram-Clayton

Trent, Coal India Ltd, Asian Paints, Tata Steel and Shriram Finance were among the top losers on NSE in today's trade.

The Nifty Bank index closed 0.68 per cent at 51561.20.

The Nifty Realty index closed 2.9 per cent at 967.65.

JSW Holdings, Tera Software, Avalon Technologies, Adroit Infotech and Innova Captab, hit their fresh 52-week highs during the day.

The Nifty Pharma index was trading 0.12 per cent at 22554.80.

The Nifty IT index was trading 1.08 per cent at 42203.60.

Trent, BPCL, Dr. Reddys, ICICI Bank and Coal India Ltd were among the top losers on NSE.

Ace investor Ashish Kacholia's portfolio of 38 stocks boasts impressive results, with five multibaggers showing significant growth in the April-June quarter. NIIT achieved the highest PAT increase of 222%, while Garware Hi-Tech Films reported a 102% rise. Other strong performers included Raghav Productivity Enhancers, Aditya Vision, and Gravita India.

UltraTech, HCL Tech, HUL, Adani Power, Mazagaon, Lemon Tree & Exicom Tele and more may remain under the spotlight before the opening bell on Tuesday, August 27.

Stock Market | Share Market Updates - Find here all the updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for August 13, 2024.

"On the hourly chart, the index has given a consolidation breakout. The RSI is in a bullish crossover on both the hourly and daily timeframes. A fresh leg of bullishness starts above 25,000, while support is placed at 24,900. If the index falls below this level, it might correct down towards 24,750," said Rupak De, Senior Technical Analyst, LKP Securities.

Indian stock markets hit record highs on Wednesday before reversing course. The Nifty 50 closed at 24,324, down 0.45%, while the Sensex settled at 79,924, down 0.53%. The Nifty formed a bearish engulfing pattern, suggesting potential further downside, but remained above the 24,180 support level.

Nifty soared to a new record high on Tuesday, forming a bullish pattern on the charts. After breaking through the 24,400 resistance level, the next target for the index could be 24,960. The momentum indicator showed bullish trade on the counters of BASF India, Kaynes Technology, Hindustan Aeronautics, Britannia Industries, and Colgate-Palmolive (India).

Dolly Khanna diversified her portfolio by adding Repco Home Finance, Som Distilleries & Breweries, and Selan Exploration Technology. These smallcap stocks have shown impressive returns and rallies.