Indian markets pared losses from the previous sessions and closed higher on Friday. The S&P BSE Sensex rose 167 points while the Nifty50 closed above 21,700 levels.
Centrum Broking has downgraded Heidelberg Cement, JK Lakshmi Cement Ltd, Sagar Cements and Ultratech Cement by one notch. The brokerage has three 'buys', two 'Add', four 'Reduce' and three 'Sell' ratings within the cement sector.
Stocks to watch on August 14, 2023: The market would trade cautiously ahead of India’s inflation data to be released on Monday. ITC, Divi s Lab, Vodafone India, Eicher Motors, CAMS, Varun Beverages, HAL, Nykaa among stocks to watch on Monday.
ICICI Bank on the weekly chart has decisively broken out above the 'downward sloping trendline' with a strong bullish candle indicating positive bias which was placed at Rs 864.