top gainers and loser december 20 2024 buzzing stocks rbl bank gic re spicejet

Led by across-the-board sell-off, Indian equities ended lower for the fifth consecutive day. At the close, Sensex ended lower by 1.5 per cent or 1,176.5 points at 78,041, while the Nifty50 index ended 364 points or 1.52 per cent lower at 23,587.5.

Prashanth Tapse, Senior VP (Research), Mehta Equities said, "Nervousness continued to grip investors and stocks across-the-board went into a tailspin as the dollar's continuing strength against the rupee has been prompting foreign investors to flee local equities and take shelter in safe haven dollar assets."

Investors are also apprehensive about Trump's trade policies when he takes charge in mid January next year, as his aggressive policies could further roil global markets, he added.

Here are the stocks that remained in focus today:

RBL Bank: Shares of the private sector lender plunged and ended over 7 per cent lower at Rs 152.75 per share after the stock exited F&O ban list today.

Tech Mahindra: Amid selling in IT stocks, shares of Tech Mahindra ended around 4 per cent lower at Rs 1,685.2 per share as the company informed that the NCLT, Mumbai, has sanctioned the merger by absorption of Perigord Premedia (India) Private Limited, Perigord Data Solutions (India) Private Limited, Tech Mahindra Cerium Private Limited and Thirdware Solution Limited, wholly-owned subsidiaries of the company with itself.

International Gemmological Institute: After healthy listing gains of 22 per cent on the NSE, the stock ended 13 per cent higher at Rs 471.15 per share.

GAIL: After the company's board approved the formation of wholly-owned arm to operate as finance company in the International Financial Services Centre; stock in choppy trade ended with a negative bias at Rs 192.45 per share.

Spicejet: Shares of the air carrier fell by as much as 6 per cent to Rs 57.84 as the company entered into an agreement with StandardAero Inc., a leading US-based engine MRO (maintenance, repair and overhaul) provider and a ‘Premier MRO’ provider for CFM LEAP-1B engines.

GIC RE: Amid sharp spurt in trading volume, the stock after notching a fresh 52-week high ended nearly 14 per cent higher at Rs 502.75 per share.