D-Street Newsmakers: Tata Motors, LIC and Angel One among 7 stocks that hogged limelight today
Equity indices in Tuesday's trade ended near the all-time high scaled in the previous session as buying in the IT stocks limited the downside.
Domestic equity benchmarks ended with minor cut in Tuesday’s session after logging fresh highs in intra-day trade amid selling pressure in banking, FMCG and auto stocks. The BSE Sensex lost 34.7 points to settle at 79,441.5, while the Nifty50 ended at 24,123.9, down 18.1 points for the day.
Here are the stocks that made headlines today:
LIC:
After JP Morgan double downgraded the stock to ‘underweight’ from the prior ‘overweight’ call, shares of the company ended over 1 per cent lower at Rs 985.2.
Tata Motors:
Shares of the company ended 2 per cent lower at Rs 982.5 as the company posted a decline in June auto sales.
Allied Blenders
After a decent listing gain on the debut day today, shares of the company ended over 13 per cent higher at Rs 317.9.
Patanjali Foods:
Shares of the company ended over 2 per cent lower at Rs 1659.60 even as the company is set to acquire Patanjali Ayurved’s non-food business.
Angel One:
After SEBI’s latest guidelines on transaction charges to brokers, shares of the broking firm ended with a cut of nearly 9 per cent at Rs 2,353.9.
Bank of Baroda:
Shares of the PSB ended 2.5 per cent lower at Rs 265.2 amid sell-off in banking counters.
Allcargo Gati:
Shares of the company ended sharply lower by over 10 per cent at Rs 99.4 as the company raised Rs 169 crore via QIP.