The market also remained in the hands of the bears the reins of the market. Nifty slipped below 16300 today. The Sensex closed at 54,333.81 with a fall of 768.87 points, or 1.40 per cent, at the end of trading amid heavy volatility in the market. On the other hand, Nifty closed at the level of 16245.35, down by 252.70 points or 1.53 percent.
The biggest movement in these stocks was
Jet Airways | CMP: Rs 81.90. Today this stock has seen a rise of 5 percent. Jalan Kalrock Consortium, the new promoter of Jet Airways, has informed that Sanjeev Kapoor has been made the new CEO of the company. Sanjeev Kapoor is currently the President of Oberoi and Risost. Sanjeev Kapoor will take over his responsibility in Jet Airways from April 4. Prior to this, he has also worked in Vistara from 2016-2019 by holding an important position.
Vodafone Idea , CMP: Rs 10.35 | Today this stock has seen a decline of 6 percent. Research firm Nomura has given a target of Rs 8 for this while maintaining the Vi reduce rating. Nomura says that the promoter’s investment in the company is a good thing, but it is not enough.
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Vedanta | CMP: Rs 375.70 | Today the stock has lost more than 5 percent. Societe Generale has sold its stake in the Anil Agarwal-owned company through the open market. This news was not taken well by the market and the stock closed in the red mark.
Wockhardt | CMP: Rs 345.70 | Today the stock managed to close in the green. Let us tell you that Wockhardt’s rights issue will close on March 15, March 22. 3.32 crore shares will be issued under this issue. Its issue price will be Rs 200 per share. Under this, 3 rights shares will be issued for every 10 shares. The record date for the rights issue is March 9. The company will raise Rs 748 crore through this rights issue.
PTC India Financial Services | CMP: Rs 16.40| This stock has also closed in the red mark. SEBI has prohibited PTC India from holding board meetings without independent directors. SEBI says that it is not satisfied with the report of the company regarding the investigation into the allegations leveled by the company on the issue of corporate governance. Let us inform that the firm independent directors of the company had alleged irregularities in the issue of corporate governance in the company. Due to this news, today this stock has closed in the red mark.
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