D-Street Newsmakers: Tata Technologies, Nykaa, Bajaj Auto, TVS Motor among 6 stocks that hogged limelight today
Indian equities ended in the green for the seventh session even as cautiousness took over ahead of the key address in the US later today.
Indian equities ended the week to August 23, 2024 with decent gains of over 1 per cent on the Nifty index amid a 7-day winning run as the latest US data and recent Fed meeting minutes bolstered rate cut hopes in the US.
Here are the stocks that gained focus today:
Nykaa
Nykaa shares ended higher after hitting fresh 52-week high in early trade. The stock settled with gains of 8 per cent at Rs 226.9 per share on the BSE. The shares gained after 1.4 per cent equity changed hands in the counter.
UltraTech Cement
UltraTech Cement ended higher by 0.64 per cent at Rs 11,379.95 per share on the BSE. The gains in the stock come as Bernstein maintained its outperform call on the stock.
Tata Technologies
After Tata Technologies saw a block deal, shares of the company ended higher by nearly 3 per cent higher at Rs 1,036.8.
Bajaj Auto, TVS Motor
Bajaj Auto and TVS Motor both in intra-day trade marked their fresh record high and ended sharply higher by up to 5 per cent as JP Morgan signalled its optimism on the 2-wheeler segment.
Sun Pharma
Sun Pharma shares ended over 1 per cent higher at Rs 1,775.75 as the company launched Tedizolid Phosphate tablets in India under the brand name Starizo. Earlier in the day, the stock clocked its all-time high price of Rs 1,781.85 per share.