Today the market saw a decline on the day of weekly expiry. Nifty closed below 15,700, down 76 points. Sensex closed at 52,300 level, slipping about 180 points. Along with this, Nifty Bank also recorded a decline of about 400 points. Midcap closed 332 points lower at 26,776. Metal, realty and auto saw the biggest fall in today’s session. However, there was good buying in IT, FMCG shares.
Except IT and FMCG, all the indices closed in the red. The metal index is down more than 2 per cent. BSE Mid and Smallcap are also down 0.5-1.3 per cent.
The biggest movement in these stocks today
CESC | CMP: Rs 781.80 | The stock closed in the green today amid reports of good March quarter results and the board’s approval to split the shares. For the quarter ended March 31, 2021, the company’s profit grew by 13.5 percent year-on-year to Rs 429 crore. The company’s income has also increased from Rs 2,621 crore to Rs 2,890 crore during this period.
BEML | CMP: Rs 1,384.50 | An important meeting is going to be held on BEML tomorrow. In this meeting, a decision will be taken on Strategic Sale in BEML. According to sources, a meeting of IMG (Inter Ministerial Group) will be held tomorrow on Strategic Sale in BEML. The government wants to sell 26 per cent stake in BEML. The government holds about 54 per cent stake in BEML. Due to this news, the stock ran up 3 per cent today.
Lupin | CMP: Rs 1,164 | Despite the approval from the US FDA for the 400 mg and 800 mg dosages of Sevelamer Hydrochloride Tablets, today the stock has closed in the red mark.
Federal Bank | CMP: Rs 85.60 | The bank has approved the issue of shares worth Rs 916.25 crore to International Finance Corporation and Associates. Due to this news, the stock closed in the green today. Apart from this, the board of the bank has also approved the proposal to raise Rs 12000 crore in different ways.
LG Balakrishnan & Brothers | CMP: Rs 438.95 | After the acquisition of 2 per cent stake in the company by HDFC Asset Management Company, today these shares ran more than 8 per cent. HDFC Asset Management’s stake in the company has increased from 5.29 per cent to 7.29 per cent.
Greenply Industries | CMP: Rs 211.55 | Mirae Asset Investment Managers (India) has bought 0.576 per cent equity stake in the company on June 14. Due to this news, the stock closed in the green today. Mirae Asset Investment Managers’ stake in the company has increased from 4.87 per cent to 5.45 per cent.
Aurobindo Pharma | CMP: Rs 961.85 | Today the stock lost 2 per cent. The company’s promoter Kambam Spoorthi has sold 6 lakh equity shares (0.1 per cent) of the company. His stake in the company has come down from 1.297 per cent to 1.195 per cent.
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