D-Street Newsmakers: Adani stocks, PSBs, Tata group scrip among counters that hogged limelight today
The relentless sell-off continued on the D-Street, witth the index hitting its 200 daily EMA.
Even after steep slide which saw Nifty slump below the key 23,300 level, Indian equity indices managed to gain some lost ground. At the l
Adani Enterprises
On the US court's wrath facing the conglomerate, the flagship company stock tumbled as much as 23 per cent to Rs 2,159.
Indian Hotels
The stock after hitting its new high amid Jefferies bullishness ended higher by over 4 per cent at Rs 785 per share.
Man Industries
As the company's board was set to meet today for mulling fund raise, its stock ended nearly 3 per cent lower at Rs 295.25 per share.
Bharti Airtel
After the SC's relief allowing telecom companies to claim ITC against infra duties, the stock ended 0.5 per cent lower at Rs 1,524.95 per share.
Honasa Consumer
Shares of the company bleeded after the company's dimal Q2 performance. The stock ended closed in 10 per cent lower circuit at Rs 237.4.
Public sector bank stocks
As these banks have high exposure to Adani Group, the Nifty PSU Bank ended nearly 3 per cent lower, with PNB and Bank of Baroda falling up to 4 per cent.