99.48 percent voters backed in favour of Sharma's remuneration, Paytm's said in regulatory filing.
According to Geojit , Spices complex on NCDEX ended down on Friday. Jeera futures came under profit booking after rallying to record highs, while turmeric and coriander futures ended down on tepid demand.
Paytm's CEO Vijay Shekhar Sharma has passed his toughest test as a CEO with resounding victory and CJ believes that the stock could continue its recent upward journey but Santo sees concerns emanating from company's AGM. Watch the duo clash over the future of VSS and Paytm plus share their thoughts on ONGC, Cholamandalam Investment and JSW Steel.
Given the expiry week, there could be volatility with also focus on global cues. If the index fails to sustain Friday's low of 17,710 then we can see further selling pressure, experts said.
ICICI Direct, The pound depreciated by almost 0.80% on Friday amid strong US dollar.
European markets closed lower on Friday, tracking global uncertainty as investors chart the course for monetary policy and continue to digest corporate earnings reports. Stoxx 600 ended 0.8 percent lower, while other bourses shed over a percent each, and FTSE ended mildly higher. Stocks in the spotlight today: AstraZeneca, IIFL Finance, CAMS and Oriental Hotel. We also discuss if it is still the right time to buy auto stocks.
BSE midcap and smallcap indices shed over 1 percent each.
Stocks to Watch: Check out the companies making headlines before the opening bell.
Indo Amines was the second stock we have considered for trade spotlight, which surged nearly 15 percent to Rs 137.6, the highest ever closing level. The stock has seen a strong gap up opening and formed robust bullish candlestick pattern with strong volumes on the daily charts. In fact, the opening price itself on Friday was even above previous swing highs.
The market, which snapped its eight-day winning streak on August 19, is in for a volatile run in the monthly expiry week
Volatility is expected to continue in the monthly expiry week, with the focus more on global cues due to lack of domestic leads, experts said
Motilal Oswal recommended Neutral rating on Cipla with a target price of Rs 950 in its research report dated August 18, 2022.
Motilal Oswal recommended Neutral rating on Clean Science and Technology with a target price of Rs 1660 in its research report dated August 19, 2022.
Arihant Capital is bullish on Marksans Pharma has recommended buy rating on the stock with a target price of Rs 80 in its research report dated August 19, 2022.
Khambatta Securities is bullish on Emami has recommended buy rating on the stock with a target price of Rs 595 in its research report dated August 19, 2022.
Geojit recommended accumulate rating on Kansai Nerolac Paints with a target price of Rs 567 in its research report dated August 19, 2022.
ICICI Direct is bullish on City Union Bank has recommended buy rating on the stock with a target price of Rs 215 in its research report dated August 19, 2022.
Foreign institutional investors' buying spree, which has lifted sentiment, continues. They bought shares worth Rs 3,128.96 crore during the week, while domestic institutional investors sold equities worth Rs 1,808.89 crore
In this week, Indian rupee slipped 13 paise to end at 79.78 per dollar on August 19 against its August 12 closing of 79.65.
Repco Home Finance shares closed with a 20 percent upper circuit at Rs 247.40 and rallied 56 percent in the last four consecutive sessions.
MC Pro continues to be bullish on the movie exhibition sector and raised its FY24 revenue & EPS estimates for PVR by 5.8 percent and 9 percent, respectively. PVR's share price has corrected 13 percent from the 52-week high this month. Is this the right time to buy? Watch the know to find out
Dreamfolks Services IPO will open for subscription. Syrma SGS Technology may list. The annual Jackson Hole Economic Symposium will be held on August 25-27
Except capital goods, and Power all other sectoral indices ended in the red. BSE midcap and smallcap indices shed 1 percent each.
ICICI Direct recommended hold rating on Sundaram Finance with a target price of Rs 2200 in its research report dated August 17, 2022.
ICICI Direct recommended hold rating on HEG with a target price of Rs 1400 in its research report dated August 18, 2022.