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Defence stocks: The company, in an exchange filing, said, "Sika Interplant has secured significant new orders for advanced engineering products and services in the recent past. With these recent contracts, the cumulative of new orders received by Sika since the start of FY 2023-24 is Rs 117 crore (approx.) as on August 11, 2023." The company provides advanced products and solutions to the aerospace and defence sector.

A reasonably positive candle was formed on the daily chart on Wednesday with a long lower shadow. Technically, this pattern indicates a bullish Hammer-type pattern (not a classical one), but its placement is not ideal

Continuous foreign fund outflows and weak trend in Asian and European markets also played spoilsport for the domestic markets

During this quarter, Zen Technologies has secured new orders worth Rs 202 crore. Additionally, in July 2023, they bagged orders worth around Rs 500 crore.

Nifty inched higher to levels just below 19600, while Sensex added 232 points and closed at 65,953. Sectorally, healthcare and IT indices led the gains