Today, for the third consecutive day, the Indian market managed to close with an edge. Power, oil & gas and banking stocks gave maximum support to the market. At the end of trading, the Sensex closed at 59,855.93 with a gain of 672.71 points, or 1.14 per cent. On the other hand, Nifty closed at 17,805.25 with a gain of 179.55 points or 1.02 percent.
The biggest movement in these stocks today
Wockhardt | CMP: Rs 437.75 | Today this stock has seen a rise of 6 percent. The company has informed that the fund raising proposal will be put up for approval at its board meeting to be held on January 6, 2022.
Marico | CMP: Rs 502.95 | Today the stock has lost more than 2 percent. Yesterday, the company had released its third quarter trading figures, which the market did not like. According to these figures, the company’s revenue growth in the third quarter of FY 2022 has been in double digits but volume growth has been flat due to weak consumption and large base.
YES Bank | CMP: Rs 14.55 | Today this stock has run more than 3 percent. The bank has released business data for the December quarter, according to which its loan deposit figures have been very strong. In the third quarter, the bank’s net advance has seen a growth of 2.1 percent, while deposits have seen a growth of 4.3 percent on a quarterly basis and 26 percent on a year-on-year basis.
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Tata Motors | CMP: Rs 489.35 | Today this stock has seen a decline of about 1 percent. Broking house CLSA has downgraded the rating of this stock from Buy to Sell and has reduced its target from Rs 450 to Rs 408. CLSA says the company’s domestic passenger vehicle business appears to be overvalued while JLR lags behind in electrification.
Larsen & Toubro | CMP: Rs 1,937.50 | Today the stock closed in the green, the company’s heavy civil infrastructure segment has got a big order from Delhi Metro. Due to this news, there was a rise in this stock today.
Adani Ports | CMP: Rs 739 | Today this stock has also managed to close in the green mark. The company has handled 234.31 MMT cargo volume in the 9 months ended 31 December 2021. Due to this news, the stock rose today.
Dilip Buildcon | CMP: Rs 434.25 | The company received a huge order from South Eastern Coalfields (SECL) in Madhya Pradesh worth Rs 2683.02 crore. Due to this news, the stock remained bullish today.
Alembic Pharma | CMP: Rs 840 | This pharma company has got the NDA approval for r Doxycycline Hyclate Delayed-Release Tablets from US FDA. Due to this news, the stock closed with a gain of 4 per cent today.
Railtel Corporation | CMP: Rs 119.50 | Interim dividend for the financial year 2021-22 can be announced in the board meeting of the company to be held on January 10, 2022. The stock rose 2 per cent today.
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