The S&P BSE Sensex index ended 18.82 points or 0.04 per cent lower at 52,861.18, retreating from an all-time high of 53,129.37 registered earlier in the day. The broader NSE Nifty50 benchmark settled at 15,818.25, down 16.10 points or 0.10 per cent. The BSE midcap index rose but the smallcap gauge declined.
gained over 18 per cent on the back of increased sales. Adani Group stocks were back on a high with four of them hitting their upper circuit limits. recouped some of the day’s losses after hitting the lower circuit after commentary from its subsidiary Jaguar Land Rover‘s management hurt investors’ sentiments.
Let’s have a look at the biggest movers and shakers of Tuesday’s session:
Force Motors: The commercial and utility vehicle maker’s total domestic sales more than doubled to 1,501 units in June compared with 726 units in the corresponding period a year ago. The scrip soared 18 per cent to settle at Rs 1,433.85 on Tuesday.
Wonderla Holidays: The company’s resort in Bangalore, Karnataka responded for business with 50 per cent capacity. The counter settled at Rs 253.50, up 12 per cent for the day.
Morepen Labs: The pharmaceutical firm’s stock gained 9 per cent to Rs 70.95. The Russian Direct Investment Fund (RDIF) said that the pharma firm had begun production of the Russian Sputnik V vaccine. RDIF is responsible for marketing the shot internationally
AU Small Finance Bank: The stock jumped as much as 8 per cent to Rs 1,115.15 following the lender’s June quarter update. The numbers gave a releif to the investors who were expecting small finance lenders to be hit by the second wave of Covid-19 infections.
Adani Group: Dwindling shares from billionaire Gautam Adani’s conglomerate found some releif and hit their upper circuit limits. Adani Green Energy, Adani Power, Adani Total Gas and Adani Transmission surged 5 per cent each to Rs 1,006.20, Rs 111.85, Rs 918.10 and Rs 957.00, respectively.
Tata Motors: The homegrown automajor’s stock shed 8 per cent to Rs 316.95. In a press release, the company said that the ongoing global shortage in semiconductor chips is going to lead to a 50 per cent decline in production for Jaguar Land Rover in the September quarter as the automobile maker struggles to make alternative arrangements.
Gati: The stock plunged 6 per cent to Rs 156.35 apiece after the logistics company cancelled its investors’ call scheduled after market hours on Monday. The company cancelled the call due to some exigency.
Omaxe: The National Green Tribunal has rapped the real estate company over its project in Chandigarh while dismissing the realty developer’s plea seeking to recall the order for formation on a committee which found it guilty of changing the course of a river. The counter tanked 6 per cent to close at Rs 89.55.
Privi Speciality Chemicals: Investors booked profits in shares of the speciality chemical firm which had risen over 25 per cent in five trading sessions. The counter fell 5 per cent to Rs 1,321.10.
Route Mobile: Shares of the recently listed internet and software service firm slipped 4 per cent to Rs 2,034.40 on Tuesday after investors took some profit off the table after a 25 per cent rally in a week.
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