Top Stocks to Watch On August 30: LIC, SpiceJet, CDSL, Sugar Stocks, Infosys, NLC India, ITI, NTPC

Top Stocks to Watch On August 30

Top Stocks to Watch On August 30: Indian benchmark indices BSE Sensex and NSE Nifty 50 expect a stable start on Friday.

Gifty Nifty was training low yesterday and was reduced by 0.01% at 25,290 suggesting a mute start for Indian benchmark indices.

On August 30, there are several best stocks that you should watch today. Some of them are LIC, SpiceJet, CDSL, Sugar Stocks, Infosys, NLC India, ITI, and NTPC.

Let’s get into more detail view about these companies:

Also Read: Top Stocks to Watch On August 29: P&G Hygiene, Vedanta, Zomato, PB Fintech, National Aluminium Company, NLC India, Sonata

LIC

The Deputy Commissioner of State Tax, Mumbai has sent the company a demand bill of Rs 605.59 crore for the financial year 2019-20. This demand bill includes a fine of ₹29.45 crore, interest of ₹281.71 crore, and goods and service tax (GST) of ₹294.43 crore.

SpiceJet

The Directorate General of Civil Aviation reports that the low-cost airline will be closely under surveillance because of the ongoing issues of flight cancellations and growing financial pressure. Thus, there will be an increase in spot checks and inspections at night.

CDSL

The Securities and Exchange Board of India (SEBI) gave its approval for Central Depository Services (India) to hire Nehal Vora as the company's MD and CEO.

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Sugar Stocks

For the Ethanol Supply Year (ESY) 2024-25, which begins on November 1, 2024, the Union government allowed the sugar mills to use cane juice or syrup to make ethanol.

Infosys

The company reported that its partnership with Nvidia will grow more by adding AI-powered, customer-focused solutions to drive creativity and operational excellence.

Infosys Topaz also uses NVidia Riva to build conversational AI pipelines that work in real-time and let call center workers do real-time transcription and translation.

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