D-Street Newsmakers: 2 Tata group stocks, 4 PSUs among 7 stocks that hogged limelight today
The indices ended sharply higher amid across-the-board buying even as the dollar continued to gain ground globally.
Amid across-the-board buying, the equity indices showed sharp rebound after Adani fiasco yesterday and ended wtih gains of nearly 557 points or 2.4 per cent.
Here are the stocks that remained in spotlight today:
Shipping Corporation of India (SCI):
Amid shipping sector bills, stock of the PSU ended nearly 7 per cent higher at Rs 220.65 apiece on the BSE.
TCS:
TCS ended nearly 4 per cent higher amid across-the-space buying at Rs 4,221.95 per share.
SBI:
SBI shares ended sharply higher as Jefferies showed optimism and continued with its 'buy' rating- seeing nearly 32 per cent potential upside. The scrip settled over 4 per cent higher at Rs 814.55 apiece.
Tata Power
The stock ended higher by over 1 per cent at Rs 413.55 after the company inked a memorandum of understanding (MoU) with Asian Development Bank (ADB) for $4.25 billion to finance key clean energy power projects.
REC
The stock ended over 3 per cent higher at Rs 506.2 per share as Bernstein continued to be 'overweight' on the counter.
PFC
PFC on Bernstein's 'overweight' rating climbed still higher by over 5 per cent to Rs 477.9 per share.
National Fertilisers Limited
The stock ended over 3 per cent higher at Rs 108.25 per share as the companyf orays in nano urea by launching its latest and ultra effective variant using cutting edge nano technology at its Nangal plant.