Gainers & Losers: Selling pressure was seen in the domestic stock market today amid mixed signals from the global market on the eve of Christmas. After the BSE Sensex and Nifty 50 fell by more than four percent in five days, on Monday, when there was more than half percent recovery, it seemed that the bulls have come again, but today it came to light that the pressure of the bears is still there. Is also made. Due to the tug of war between bulls and bears, at the end of the day, BSE Sensex closed at 78472.87 with a fall of 67.30 points or 0.09% and Nifty closed at 23727.65 with a slip of 0.11% or 25.80 points. Due to the ups and downs in the market, there was a lot of movement in some shares, some of which are being explained along with the reasons.
These shares rose at the speed of a rocket
Greaves Cotton. Current Price: ₹246.40 (+7.50%)
When Greaves Electric Mobility, a subsidiary of Greaves Cotton, filed the draft of an IPO of Rs 1,000 crore with SEBI, shares of Greaves Cotton jumped 15.18 percent to Rs 264.00. New shares will be issued under the IPO of Greaves Electric Mobility and shares will also be sold under the offer for sale window.
Tata Invest. Current Price: ₹6809.80 (+4.25%)
Shares of Tata Invest became rocket on the reports of Tata Capital’s IPO and it jumped 13.40 percent to Rs 7407.00 in intra-day.
Whirlpool of India. Current Price: ₹1890.00 (+2.16%)
Shares jumped 3.55 per cent to Rs 1915.80 after Whirlpool signed a definitive agreement with PG Electroplast for some models of semi-automatic washing machines. PG Electroplast will manufacture some SKUs (stock keeping units) for Whirlpool at its Roorkee factory. PG Electroplast already supplies Whirlpool brand ACs.
Gulf Oil Lubricants. Current Price: ₹1220.00 (+4.26%)
When Gulf Oil Lubricants announced partnership with the country’s largest private fuel retailer Nayara Energy, its shares jumped 5.12 percent to Rs 1230.05. Under this partnership, Gulf Oil’s entire automotive product range will now be available at Nayara Energy’s more than 6500 fuel retail outlets across the country.
Aarti Drugs. Current Price: ₹472.45 (+11.44%)
After US drug regulator FDA gave clearance to Aarti Drugs’ API (Active Pharma Ingredient) facility located in Tarapur, its shares jumped 16.94 per cent to Rs 495.75.
There was a sharp decline in these shares
Vedanta. Current Price: ₹462.20 (-2.30%)
Due to ex-dividend today, Vedanta shares fell 3.29 percent to Rs 457.55.
Insurance stocks fell for the second consecutive day as the GST Council postponed the decision on providing GST relief on life and health insurance premiums. Due to this they fell by more than 2 percent. Shares of The New India Assurance Company fell 2.40 percent to Rs 197.15, shares of LIC fell 1.62 percent to close at Rs 890.40.
LemonTree Hotels. Current Price: ₹151.65 (-0.95%)
On December 19, shares of Lemontree Hotels had reached a record high of Rs 159.00 on bright outlook. Due to this rally, profit booking started and today it declined for the third consecutive day. It fell 1.21 percent to Rs 151.25 intra-day.
Hindustan Construction Company (HCC). Current Price: ₹39.11 (-4.45%)
This comes on the heels of Hindustan Construction Company’s (HCC) announcement of selling its stake in Steiner AG (SAG) to Geneva-based real estate and finance giant Uniresolv SA.
10 percent has been broken. Today in intra-day it had slipped by 5.59 percent to Rs 38.64. HCC shares have fallen more than 16 per cent for six consecutive days.
Sadhana Nitro Chem. Current Price: ₹46.84 (-14.01%)
A trading day ago, in the buying environment in the chemical sector, shares of Sadhna Nitro Chem had closed with a jump of more than 19 percent. Investors took advantage of this rally today due to which the shares slipped by 16.17 percent to Rs 45.66 intra-day.
(All prices are from BSE)
Defense Stocks: One announcement, and this defense stock rose by 10% in just two days, there is still scope for further growth
Tata Invest Shares: Tata Invest boarded Tata Capital’s IPO, shares jumped 13%