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On Friday, Navin Fluorine, a chemical company plummeted by as much as 15%, marking its most significant single-day decline in eight years, following the sudden resignation of its CEO. Shares of over a dozen companies, in which top executives resigned abruptly in the last one year, have seen similar falls. Only half of these stocks have managed to recover, according to an ET analysis. ....
CPI inflation data for July, ITC, Vodafone India Q1 Results in Top News on August 14: Eicher Motors, Hindalco ex dividend stocks, Nifty, share market outlook, Redmi K60 Ultra launch also in focus in top stories today. ....
“As we approach a shortened trading week, several factors will influence market dynamics. macroeconomic indicators, rupee fluctuations, and FII activities will be pivotal in shaping market trends in the coming days,” said Santosh Meena, head of research, Swastika Investmart. ....
A short build-up was seen in 66 stocks, including Apollo Tyres, Max Financial Services, Britannia Industries, Info Edge India, and Laurus Labs. An increase in OI along with a fall in price points to a build-up of short positions. ....