Gainers & Losers: The number of cases of HMPV, a new virus like Corona spread in China, is increasing in India and selling pressure is also increasing in the domestic stock market. However, the market made a good recovery today from the lower levels. BSE Sensex had fallen below 77500 intra-day but closed around 78150 at the end of the day. At the same time, Nifty 50 also recovered from below 23,500 and finally closed very close to 23700. In this ups and downs of the market, there was a lot of movement in some shares. Here, details are being given about these shares including the reasons for fluctuations.
At the end of the day, Sensex closed at 78,148.49 with a slight decline of 50.62 points or 0.06% and Nifty closed at 23,688.95 with a slight slip of 0.08% or 18.95 points. However, in this selling environment, due to special activities, some stocks rose strongly and even reached record highs, while some fell heavily. Here, details are being given about these shares including the reasons for fluctuations.
These shares became rockets
Dr Reddy’s. Current Price: ₹1374.10 (+1.73%)
Dr Reddy’s shares jumped 3.99 per cent intra-day to Rs 1404.60 on Nuvama’s rating upgrade. After about 4 months, its shares once again crossed Rs 1400. Nuvama has given it a buy rating with a target price of Rs 1553.
Delta Corp. Current Price: ₹113.85 (+3.83%)
When the Supreme Court decided to hear on January 10 the petition filed against the GST show cause notice of the online gaming industry, shares of Delta Corp jumped 7.11 percent intra-day to Rs 117.45.
Reliance. Current Price: ₹1264.70 (+1.92%)
Shares of Reliance today jumped 2.40 per cent to Rs 1270.70 intra-day on positive sentiment from Jefferies. Jefferies, in its report released on Wednesday, has maintained its buy rating and fixed the target price at Rs 1690.
TCS. Current Price: ₹4107.50 (+1.97%)
A day before the December quarter results, shares of Tata Consultancy Services (TCS) jumped 2.43 per cent to Rs 4125.95 intra-day. Today it is the top gainer of BSE Sensex.
ONGC. Current Price: ₹271.25 (+2.94%)
Today, on the partnership between ONGC and energy company BP, shares of ONGC jumped 3.78 percent intra-day to Rs 273.45. Under the partnership, BP will act as a technical service provider to enhance ONGC’s oil and gas production. BP has promised to increase production from the Mumbai High field by 60 percent.
These shares went bust
United Breweries. Current Price: ₹2001.05 (-3.53%)
When United Breweries stopped supplying beer to Telangana Beverage Corporation Limited (TGBCL) due to dues, its shares also collapsed. In intra-day it fell by 7.44 percent to Rs 1920.00. According to the company, TGBCL of Telangana government has not yet paid the dues for the previous supply of beer.
One 97 Communications (Paytm). Current Price: ₹902.05 (-8.20%)
Despite getting approval to add customers in October, Paytm’s share in the UPI market almost halved, so its shares slipped 8.89 per cent to Rs 895.25 intra-day. Last year, its share in the UPI market fell from 10 percent at the beginning of the year to 5.5 percent by the end of 2024. In October-November it remained at 5.5 percent only.
Orissa Minerals. Current Price: ₹6900.00 (-1.37%)
Orissa Minerals Development Company has suspended Chief Financial Officer (CFO) Ramakant Behera with immediate effect on allegations of misconduct. The allegations are of serious nature. In such a situation, the shares also fell by 2.31 percent today to Rs 6834.35.
Zomato. Current Price: ₹250.00 (-0.99%)
When Jefferies downgraded Zomato due to competition, its shares fell 3.27 percent to Rs 244.25 intra-day. Jefferies has reduced its target price from Rs 335 to Rs 275.
(All prices are from BSE)
Shares of United Breweries fell by 5%, the company stopped supplying beer to Telangana Beverages Corp.
Delta Corp Shares: Supreme Court agrees, investors happy, huge jump of 7% in shares
Dr Reddy’s Shares: After 4 months, shares again crossed ₹ 1400, due to which it became a rocket even in the falling market.
RIL Shares: Price of Reliance shares may increase by 36%, Jefferies advised to buy for this reason
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