Stocks to Watch on August 5: Infosys, SBI, Titan, Britannia, Ambuja Cement

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Stocks to Watch on August 5: Infosys, SBI, Titan, Britannia, Ambuja Cement - Business Standard

Quick Summary:

At 6:41 AM, GIFT Nifty futures were down 369 points, trading at 24,342.50, suggesting a gap-down start.

Ambuja Cement: The Adani Group-owned cement company announced its first major investment in Bihar with the establishment of a 6 MTPA cement grinding unit at an investment of nearly Rs 1,600 crore.

Infosys: The Goods and Services Tax (GST) authorities have rescinded a notice demanding Rs 3,898 crore from tech giant Infosys, out of a total tax demand of Rs 32,403 crore issued last week for the five-year period beginning in 2017-18.