Newsmakers: Nykaa, KPIT Technologies, MCX, M&M, Prestige Estate among top 10 stocks that moved the most on November 10
The Indian share market for the second straight session witnessed a minor cut and closed flat with negative bias on Wednesday. The Sensex slipped around 75 points and the Nifty50 ended around the 18000-mark for the third day today at the market close. The decline was led by the metal and financial stocks. The BSE Sensex declined marginally 75 points or 0.12 per cent to 60,357, while the Nifty50 slipped marginally 35 points or 0.2 per cent to 18,008.8 levels at the market close. Here is a list of 10 buzzing stocks to watch out for:
Nykaa: Up 10.36%
The shares of the company closed in green at Rs 2208.35 with a gain of 10.36 per cent, as per BSE. As per NSE, the shares of the company closed in the green at Rs 2208 with a gain of 9.42 per cent. The shares of FSN E-Commerce Ventures Ltd, the parent company of the online beauty e-commerce platform Nykaa, has made a strong debut on bourses today. Nykaa shares were listed at a premium of 79% at Rs 2,018 per share on NSE as against the issue price of Rs 1,125 per share.
KPIT Technologies: Up 7.54%
MCX: Up 5.50%
The shares of the company closed in green at Rs 1939.95 with a gain of 101.20 points or 5.50 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 1940 with a gain of 5.45 per cent. SEBI is considering allowing FPIs in the commodity market, sources aware of the development has informed Zee Business. A discussion will be held at a meeting of the Commodity Derivatives Advisory Committee scheduled to be held on November 15, 2021. SEBI is considering starting it with the non-Agri segment. Currently, only foreign investors who are engaged in export and import activities are allowed to trade in commodity derivatives. Source: MCX Twitter
TCPL Packaging: Up 5.59%
Graphite India: Up 5.49%
S H Kelkar: Up 4.71%
The shares of the company closed in green at Rs 192.15 with a gain of 8.65 points or 4.71 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 192.30 with a gain of 4.68 per cent. Firmenich Aromatics Production India bought 1.41 crore equity shares in the company at Rs 172.94/share. Blackstone Capital Partners Singapore VI FDI Two Pte Ltd sold 1.4 crore equity shares at Rs 173/share. Source: keva.co.in
Mahindra & Mahindra: Up 3%
The shares of the company closed in green at Rs 919.65 with a gain of 26.75 points or 3 per cent as per BSE. As per NSE, the share of the company closed at Rs 918.60 with a gain of 2.96 per cent. Mahindra & Mahindra plans to launch 16 electric vehicles by 2027 across the SUV and light commercial vehicle (LCV) categories to strengthen its leadership position in India's electric mobility segment. Source: Reuters
Devyani International: Up 2.34%
Indiabulls Housing: Up 0.76%
Prestige Estate: Down 0.17%
The shared of the company closed in red at Rs 513.95 down by 0.17 per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 514 down by 0.15 per cent. The real estate firm Prestige Group, reportedly, will develop a large warehousing portfolio, and has acquired multiple land parcels around Bengaluru. Due to the increasing demand from e-online commerce companies, the company will now expand into warehousing. Source: Website