Today, the market seemed to have restrained the uptrend of 5 days. Nifty slipped below 16700 due to selling in metal, oil and gas and IT stocks. At the end of trading, the Sensex closed at 55,776.85, down 709.17 points, or 1.26 per cent. On the other hand, Nifty closed at 16,663.00, down 208.30 points or 1.23 percent.
The biggest movement in these stocks today
One97 Communications (Paytm) | CMP: Rs 589 | The stock lost over 12 per cent today. The Reserve Bank of India (RBI) on Saturday banned Paytm Payments Bank from adding new customers, after which on Monday, Paytm’s shares were trading nearly 70 percent below their all-time high. Seen. Meanwhile, Paytm on Tuesday shared an update on its operation performance along with data for the first two months of the fourth quarter of FY 2022. The fintech company said it has achieved the highest monthly loan disbursal and continues to see sustainable growth in its payments business.
Indiabulls Housing Finance | CMP: Rs 155.05 | The stock rose 3 per cent today. Sameer Gehlot has resigned from his post from India Bulls Housing Finance on March 14. He has written in his resignation that I have decided to resign from the post of non-executive director of the company. On 14th March 2022, I am submitting my resignation to be relieved from this post. He has further written in this letter that I have recently sold 11.9 percent stake in the company through my promoter companies. Presently I hold 9.71 per cent stake in the company. Which I want to retain as a public shareholder with me. So that I can also participate in the future growth of the company.
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Mahindra & Mahindra | CMP: Rs 760.90 | Today the stock closed with a gain of 2 per cent. It has been decided to dissolve the Bangladesh based arm Mahindra Susten Bangladesh Private Limited (MSBPL) of the company. Due to this news, enthusiasm was seen in this stock today.
RITES | CMP: Rs 251.20 | Today this stock also saw a rise of 2 percent. The board of the company has declared third interim dividend of Rs 27.5 per share. With the announcement of this third interim dividend, the company has so far declared a total dividend of Rs 713.5 per equity share in FY 2022. The record date for payment of third interim dividend will be March 25, 2022.
Godrej Properties | CMP: Rs 1,464 | Today this stock closed in the red mark. Godrej Properties has informed that it has also started its business in Haryana’s Sonipat city. He has acquired about 50 acres of land in Sonipat. Due to this news, the stock of Godrej Properties ran about 2 percent in early trading on March 15 i.e. today. In a press release issued in this regard, Godrej Properties has said that under this project there will be 10 lakh square feet plotted residential development. The project site is close to all the newly emerging educational and industrial hubs of Sonepat.
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