Raja Venkatraman recommends three stocks for 12 August
Stock market recap, Aug. 12 -- Indian equities ended significantly lower on Tuesday, 11 August, amid profit-booking amid rising oil prices and persistent uncertainty over the reopening of the Strait of Hormuz and a potential US-Iran deal.
The Sensex fell 388 points, or 0.49%, to end at 78,154.25, while the Nifty 50 settled 112 points, or 0.46%, lower at 24,471.70.
Nifty Midcap 100 index slipped 0.02%, while the Smallcap 100 index bucked the trend, rising 0.22%.
In terms of index contribution, Bharti Airtel, Axis Bank, and HDFC Bank were the top drags on the Sensex index.
POLYMED [current market price Rs.1,863.90 - Buy above Rs.1,870; stop loss Rs.1,780; target price Rs.2,025 (Multiday)]
AFFLE [current market price Rs.1,677.30 - Buy a...
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