D-Street Newsmakers: Bharti Airtel, Tata Motors and Indian Oil among 6 stocks that hogged limelight today
Indian equities rebounded sharply from the day's low as investor sentiment turned upbeat after retail inflation eased in November.
Indian equities in Friday's session staged a smart recovery led by index heavyweights. At the close, Sensex ended over 1 per cent higher at 82,133, while the Nifty index gained 0.89 per cent and settled at 24,768.3 Sectorally, the FMCG pack outperformed after food inflation eased during the November month. Additionally, expectation of an increase in US spending is propelling the IT sector.
Top gainers and losers: Tata Motors
Top gainers and losers: To mitigate the rising input costs, Tata Motors will increase the price of its truck and bus portfolio by up to 2 per cent from January 1, 2025. Post the development, the scrip ended 0.62 per cent higher at Rs 791.
Top gainers and losers: Siyaram Silk Mills
Top gainers and losers: After the textile company launched Cadini Italy perfumes-meticulously crafted Italian luxury to the Indian market, its stock soared to a fresh 52-week high. At the close, the stock ended over 14 per cent higher at Rs 954.95.
Top gainers and losers: ITC
Top gainers and losers: Amid buoyancy in the FMCG pack, ITC stock led the gains and ended over 2 per cent higher at Rs 471.6 per share.
Top gainers and losers: Indian Oil Corporation
Top gainers and losers: After Jefferies upgraded the stock to 'buy' and even raised the target price to Rs 185, the stock ended higher by 2 per cent at Rs 144.25
Top gainers and losers: Bharti Airtel
Shares of the telecom company ended with sharp gains of over 4 per cent at Rs 1,681.95 amid heavy volumes.
Top gainers and losers: Hindustan Aeronautics
Top gainers and losers: The stock of the PSU defence major ended steady with a positive bias at Rs 4,662 even after UBS picked it as its top pick post bagged the Ministry of Defence order.