Newsmakers: Barbeque Nation, Muthoot Finance, Canara Bank and IndusInd Bank among top 10 stocks that moved the most on November 8
The Indian markets ended the Monday’s session on a positive note, with the Sensex surging nearly 500 points, while the Nifty50 inching towards the 18100-level. The BSE Sensex surged 477.99 points or 0.80 percent to close at 60545.6-level, while the Nifty50 gained 151.75 points or 0.85 percent to settle at 18068.55. Here is a list of 10 buzzing stocks to watch out for:
Barbeque Nation: Up 15.02%
Muthoot Finance: Up 8.55%
Canara Bank: Up 7.52%
BEL: Up 5.47%
Mahindra Logistics: Up 4.54%
UltraTech Cement: Up 4.20%
SpiceJet: Up 2.91%
Nazara Technologies: Up 2.88%
Divi's Laboratories: Down 5.15%
The shares of the company closed in red at Rs 4,940.00 with a loss of 268.05 points or 5.15 percent on NSE. The pharmaceuticals company and producer of active pharmaceutical ingredients and intermediates has reported a 16.7% YoY rise in the net profit at Rs 606 crore for the quarter ended September 30, 2021, as against a profit of Rs 519 crore posted in the year-ago quarter.
IndusInd Bank: Down 10.52%
The shares of the bank fell 125.15 points or 10.52 percent to settle the day at Rs 1,063.95 on NSE. While on BSE the stock closed at Rs 1064.50, down by 124.25 points or 10.45 percent. The private lender in its clarification on the item titled 'Whistleblowers Raise Loan Evergreening Issue at IndusInd Arm' said that the allegations were made by certain anonymous individuals purportedly acting as whistleblowers are grossly inaccurate and baseless. The bank has admitted that due to a technical glitch in May 2021, nearly 84,000 loans were disbursed without the customer consent getting recorded at the time of loan disbursement.