Domestic equity markets on Tuesday, August 24, 2021, gained more than half a per cent amid positive cues from the global equity markets. The Sensex closed above 55,900 while the Nifty finished above 16,600 level. The BSE Sensex climbed 403 points, or 0.73 per cent, to close at 55,959. The NSE Nifty also surged 128 points, or 0.78 per cent, to settle at 15,625. But certain stocks came in the news after the market was closed. These stocks can impact the indices when it reopens on Wednesday, August 25, 2021. List of such five stocks:

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Canara Bank + Fortis Healthcare

Canara Bank: Ace investor Rakesh Jhunjhunwala has picked a 1.59 per cent stake in state-run Canara Bank.

Fortis Healthcare: Rakesh Jhunjhunwala is continuously increasing his stakes in Fortis Healthcare and has now increased his stakes in the company to 5.47% from the 4.31%, he held in June. He held 4.92% stakes in the company on August 18, 2021, after which, he bought additional 41.86 lakh shares of the company between August 20-24, 2021. Now, he holds 5.47% stakes in Fortis Healthcare. 

ICICI Bank + Tatva Chintan 

ICICI Bank: The Reserve Bank of India (RBI) has approved the re-appointment of Sandeep Bakhshi as the managing director and chief executive officer of ICICI Bank. The re-appointment will come into effect on October 15, 2021, and the tenure will continue till October 3, 2023. 

Tatva Chintan Pharma: Mahesh Tanna, Chief Financial Officer ('CFO') of the Company has tendered his resignation from the post of Chief Financial Officer and Key Managerial Personnel ('KMP') of the Company on August 24, 2021. The Company has accepted his resignation and he will be relieved from the Company w.e.f. August 31, 2021, after the closure of working hours. The company in a statement said that the Company is in the process of appointing his successor as Chief Financial Officer and Key Managerial Personnel (RMP). 

Bank of India + Wabco India

Bank of India: The public sector lender Bank of India is planning to raise Rs 3,000 crore equity capital through a qualified institutional placement (QIP) offer to fuel business growth and meet regulatory compliance. A non-deal roadshow to woo investors concluded on Monday. 

Wabco India: The company’s promoter ZF International UK Limited has proposed to sell 2% stakes (3,80,432 equity shares) through the offer for sale. The OFS will open today for subscription by non-retail investors. The offer for retail investors will open tomorrow. The floor price for the OFS is Rs 6,900 per equity share, a 3,8% discount to Wabco India's closing price of Rs 7,175 on Tuesday, August 24, 2021, at NSE.  

Metals in Focus – Alumina + Iron Ore

NALCO/Hindalco/Vedanta: Prices for aluminium raw material alumina have hit their highest in almost six months after a blaze at the Jamalco refinery in Jamaica led to fears of tighter supply. 
NMDC + Metal Stocks in Focus: Iron ore prices rose by 4% at China's Dalian Exchange. Iron ore prices were up by 6% yesterday.

Bulk Deals

Chemplast Sanmar: Copthall Mauritius Investment Limited sold 8,92,613 shares at Rs 534.97/ Share. CLSA Global Markets Pte Ltd sold 11,94,856 Shares @ Rs 548.95/ Share 

Sudarshan Chemical: Promoter Rahul Pradeep Rathi sold 9,80,681 shares at Rs 565/Share. Axis Mutual Fund Ac Axis Small Cap Fund bought 5,89,498 Shares at Rs 565/ Share. 

Arvind Fashion: Multiples Private Equity sold 9,14,133 shares at Rs 261.75/ Share. 

Capacite Infraprojects: Think India Opportunities Master Fund LP sold 13,99,559 shares at Rs 142.1/ Share.