D-Street Newsmakers: Paytm, Hyundai Motor, Bajaj Finance and Zomato among 7 stocks that hogged limelight today
Amid across-the-board sell-off, Indian equities plunged sharply. Nevertheless, stock-specific action was seen on the back of the Q2 earnings season.
Amid a broad-based sell-off Indian equities in a highly volatile session ended sharply lower. Nifty at the close was dragged down to below 24,500 levels, down over 1 per cent. Broader markets, however, experience an even sharper decline, with Nifty Smallcap 100 index settling nearly 4 per cent lower.
Hyundai Motor
After a listless debut, shares of the country's leading automaker ended over 7 per cent lower at Rs 1,819.6 per share on the first trading day.
SBI Life Insurance
Ahead of its results tomorrow, shares of the leading insurer settled over 1 per cent lower at Rs 1,693.5 per share.
Bajaj Finance
Ahead of its Q2 earnings later today, shares of the NBFC major ended 1.6 per cent lower at Rs 6,677.4 per share on the BSE. Read more: How Bajaj Finance is expected to fare in Q2?
Mazagon Dock Shipbuilders
As the defence PSU's board meeting is scheduled today to consider interim dividend for the fiscal year 2024-25 together with the stock split, shares ended sharply lower. At the close, the stock settled 11 per cent lower at Rs 4,159.95.
Paytm
Even as the digital payments company turned profitable during the September quarter due to one-time exceptional gains, its stock ended over 5 per cent lower at Rs 687.3 apiece.
Zomato
The company announced its quarterly results just around the market close. Shares settled with a cut of nearly 4 per cent at Rs 256.2 apiece.
HFCL
Shares of the telecom infra company ended over 7 per cent lower at Rs 115.6 as the company's Q2 revenue slipped 1.6 per cent on-year.