D-Street Newsmakers: Sobha, DMart, Wockhardt among 10 stocks that made headlines on Wednesday

Domestic equity benchmarks rose about 0.8 per cent in a broad-based upmove on Thursday, as global markets cheered a decision by the Fed to maintain an earlier forecast of three reductions in benchmark interest rates in 2024.

The Nifty rose 172.9 points to end at 22,012 and the Sensex added 539.5 points to settle at 72,641.19.

Broader indices jumped about 2.5 per cent.

Here are the stocks that buzzed the most during the course of the day:

Sobha:

The realty stock zoomed 12 per cent to Rs 1,402 amid gains across the sector.

Avenue Supermarts:

Avenue Supermarts (DMart) ended nearly 3 per cent higher at Rs 4,161.3 after CLSA initiated coverage on the stock with a 'buy' rating.

Indian Bank:

The PSU bank stock ended 4 per cent higher at Rs 491.5.

Lloyds Metals:

The stock rose almost 3 per cent to end at Rs 592.3 apiece after the company's board approved a QIP proposal.

Galaxy Surfactants:

The stock rose nearly 1 per cent to end at Rs 2,276.6 with a spurt in volumes.

Amber Enterprises:

The consumer durable stock ended 6 per cent higher at Rs 3,408.7 after the company inked a pact to acquire a 50 per cent stake in Resojet.

Wockhardt:

The drug maker's stock ended 0.9 per cent higher at Rs 549 after the company launched a QIP.

SEPC:

Shares ended locked in the 5 per cent upper circuit at Rs 17.4 after the company’s subsidiary, Shriram EPC FZE, bagged an order.

eMudhra:

Shares of the IT-enabled services company ended with gains of over 12 per cent at Rs 693.8 amid a healthy outlook.

Hitachi Energy:

Shares of the company ended 9 per cent higher at Rs 7,275.1 amid a strong demand outlook.

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