Nifty and Sensex closed today's trading session strongly, with most indices posting gains, driven significantly by a robust rally in auto and pharma stocks. At close, the Sensex was up 391 points or 0.5 percent at 80,351 and the Nifty 50 was up 112 points 24,433. About 1,777 shares advanced, 1,659 shares declined, and 82 shares remained unchanged.
2/11
Mahanagar Gas | CMP: Rs X gained over 2 percent, a day after the city gas distributor announced a hike in prices for CNG and domestic piped natural gas (PNG) in and around Mumbai starting today to offset the rising input cost.
3/11
Jupiter Wagons | CMP: Rs X | Shares fell almost 3 percent in early trade, a day after the company informed that its Fund Raising Committee has approved the launch of a qualified institutional placement (QIP), setting the floor price at Rs 689.47 per equity share.
4/11
PC Jeweller | CMP: Rs X | Shares skyrocketed 10 percent after a block deal took place on the counter. A total of 1.9 million shares of PC Jeweller changed hands in bunched trade, showed Bloomberg data. The details of the buyers or sellers were not immediately known.
Texmaco Rail | CMP: Rs X | Shares slumped over 4 percent on account of profit booking. This decline wasn't unique to Texmaco; several railway stocks experienced losses of up to 5 percent as investors locked in gains following a sharp rally ahead of the upcoming Budget.
6/11
Calcutta Electric Supply Corporation (CESC) | CMP: Rs X | Shares jumped 10 percent after the firm decided to raise effective tariff by 5.7 percent, while also starting to levy fuel adjustment charge on its consumers.
7/11
Affle India | CMP: Rs X | Shares rallied 9.4 percent to hit a new 52-week high of Rs 1,465 in morning trade, extending gains for the second session in a row, after Citi initiated coverage with a 'buy' rating citing robust growth prospects.
8/11
Kalpataru Projects International | CMP: Rs X | Shares rallied 3 percent after the board approved proposal to set up fund raise limit up to Rs 1,600 crore by way of issuance of secured or unsecured redeemable non-convertible debentures.
Maruti Suzuki India | CMP: Rs X | Shares surged nearly 5 percent, emerging as the top Nifty gainer following Uttar Pradesh (UP) government's announcement of a complete waiver of registration tax on strong hybrid electric cars (HEVs) and plug-in hybrid electric vehicles (PHEVs) with immediate effect.
10/11
Keystone Realtors | CMP: Rs X | Shares jumped over six percent after the realty player reported a 22 percent growth in pre-sales for the quarter ended June 30, 2024.
11/11
ICICI Lombard General Insurance Company | CMP: Rs X | Shares jumped 2 percent, nearing its 52-week high, after June general insurance data indicated strong premium collections for the company as against other players.
