D-Street Newsmakers: Indus Towers, Zomato and Craftsman Automation among 7 stocks that hogged limelight today
Amid heightened volatility, equity benchmarks ended the session on a mixed note, with Nifty50 managing to just hold 23,500 odd levels at the close.
Equity benchmarks settled on a mixed note in Wednesday’s session amid high volatility. At the close, Sensex ended with gains of 0.047 per cent or 36.45 points at 77,337.59, while Nifty 50 declined 0.15 per cent or 36.3 points to close the day at 23,521.60. Meanwhile, while Nifty Bank registered sharp gains of nearly 2 per cent, broader markets languished on the back of profit booking.
Here are the stocks that made headlines today:
Indus Towers
Shares of the telecom infra company ended lower by 3 per cent at Rs 333.85 after 19 per cent equity in the counter changed hands via block deal in the pre-opening block deal window.
Zomato
Zomato shares ended higher by over 5 per cent at Rs 198.55 as UBS maintained its ‘buy’ rating with a target of Rs 250.
Craftsman Automation
Shares of Craftsman Automation settled higher by nearly 3 per cent at Rs 4903 as the company’s QIP has been launched with an approval to issue shares worth around Rs 1,200 crore at a floor price of around Rs 4,426.11 per share.
National Fertilizers Limited (NFL)
Shares of the company ended 5 per cent higher at Rs 125.9 after notching a fresh 52-week high in intraday trade amid a proposal to exclude fertilisers from within the ambit of GST.
LIC Housing Finance
To celebrate its 35th Foundation day, the housing financier is offering a 35 per cent discount on processing fees for home loans from June 19 to June 25. The stock of the company ended with a cut of nearly 2 per cent at Rs 736.05.
The Phoenix Mills
Shares of the company ended lower by nearly 4 per cent at Rs 3,658 amid broad-based weakness in the entire realty pack.
Axis Bank
Amid sharp gains in the private banking basket, shares of Axis Bank ended over 3 per cent higher at Rs 1,229.