After hitting record highs during the week, the Nifty and Sensex ended in the red on June 21 in a rather choppy trading session. The benchmarks were bogged down by PSU banks and FMCG stocks. IT index, on the other hand, ended 1 percent higher. At close, the Sensex was down 0.3 percent at 77,237 and the Nifty was also down 0.3 percent at 23,503. About 1,567 shares advanced, 1,789 shares declined, and 80 shares were unchanged.
2/11
GE Power India | CMP: Rs 407 | Shares surged over 6 percent after the company secured a letter of intent (LoI) for a contract valued at Rs 243.46 crore from NTPC GE Power Services Pvt Ltd (NGSL).
3/11
Bikaji Foods International | CMP: Rs 728 | Shares advanced 4 percent to hit a fresh 52-week high after Nuvama Institutional Equities initiated coverage with a 'buy' rating as it forecasts healthy long-term growth.
4/11
Time Technoplast | CMP: Rs 335 | Shares rose nearly 13 percent and hit a 52-week high of Rs 335 apiece after the company received final approval for manufacturing Type-IV hydrogen composite cylinders.
RailTel Corporation of India | CMP: Rs 475 | Shares rallied over 12 percent after it bagged work order from South Central Railway worth Rs 20.22 crore.
6/11
V-Marc India | CMP:Rs 177 | Shares rose nearly 4 percent after the company received a letter of intent (LoI) amounting Rs 13.72 crores from Purvanchal Vidyut Vitran Nigam Ltd (PuVVNL).
7/11
Vodafone Idea | CMP: Rs 17 | Shares traded 4 percent higher after a report said the telecom service provider had completed its 5G rollout obligation in all circles.
8/11
Sugar stocks | Shares of sugar companies drew attention with a sudden intraday increase, though they quickly retreated from their day's highs. Expectations of positive decisions post-elections like hike in MSP (minimal selling prices), lifting of restrictions on ethanol production, ethanol price hike (B-heavy and sugarcane juice ethanol) led to optimism in the sector.
JM Financial | CMP: Rs 83.60 | Shares tumbled up to 5.7 percent, a day after it was directed by the Securities and Exchange Board of India (SEBI) to refrain from accepting new mandates as a lead manager in public issues of debt securities until March 31, 2025, or until further notice from SEBI.
10/11
Welspun Specialty Solutions | CMP: Rs 37.60 | Shares fell nearly 2 percent after the firm said that Gujarat Pollution Control Board (GPCB) has directed it to cease operations of its plant located at GIDC Jhagadia, Bharuch.
11/11
GIC Housing Finance | CMP: Rs 247.30 | Shares fell over a percent after the company announced a cyber security incident involving a malware attack on some of its end-user systems.
