D-Street Newsmakers: Wipro, LIC and Allcargo Logistics among 10 stocks that hogged the limelight today
Meanwhile, Nifty Bank ended lower while the broader markets outperformed their headline peers.
Positive global cues coupled with sharp buying in IT and realty stocks drove the headline indices higher for the second straight day in Friday’s session. Sensex ended with gains of 241.86 points, or 0.34 per cent, at 71,106.96, while Nifty added 94.4 points, or 0.44 per cent, to settle at 21,349.4. Meanwhile, Nifty Bank ended lower while the broader markets outperformed their headline peers.
Here are the 10 stocks that buzzed the most in trade on December 22.
LIC:
Shares of the public insurer, after notching a fresh 52-week high, ended over 3 per cent higher at Rs 793.1. The centre has relaxed the MPS norm for the behemoth, which boosted sentiment.
360 One Wam:
Shares of the financial services company ended over 3 per cent higher at Rs 655.05 as Citi reiterated its buy call.
GMR Airports:
Shares of the transport infrastructure major ended 1.7 per cent higher at Rs 74.65 as the company's subsidiary agreed with the National Investment and Infrastructure Fund (NIIF) to develop and operate the Bhogapuram International Airport.
Allcargo Logistics:
Logistics player stock ended around 8 per cent higher at Rs 307 after the approval of business restructuring.
IIFL Finance:
Shares of the NBFC company ended around 4 per cent lower at Rs 572.6 amid heavy volumes in the counter.
Varun Beverages:
Shares of the Pepsico bottler ended at Rs 1,238.6, down over 4 per cent, amid profit booking in the counter.
Bharat Electronics:
Shares of the defence major ended over 2 per cent higher at Rs 174.8 as the company bagged two orders worth Rs 2,673 crore.
Polycab India:
Shares of the cable company ended around 5 per cent lower at Rs 5,359.3 amid reports of income tax raids at several of the company’s facilities, warehouses, etc. over alleged tax evasion.
Wipro:
Shares of the IT major ended with gains of over 6 per cent at Rs 462.65 as Nifty IT emerged as the outlier in trade with gains of over 2 per cent.
Easy Trip Planners:
The stock of the company ended around 0.65 per cent higher at Rs 38.5 as the company acquired a 13 per cent stake in Eco Hotels and Resorts.
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