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Sensex, Nifty Snap 4-Day Winning Streak

Sensex, Nifty Snap 4-Day Winning Streak
An electronic board indicates the latest stock figures at the National Stock Exchange (NSE) in Mumbai. (Photographer: Dhiraj Singh/Bloomberg)
8 years ago
The Singapore-traded SGX Nifty, an early indicator, fell 0.55% to 9,859

Maharashtra Seamless: The steel pipe maker rose as much as 1.66 percent to Rs 430.60. Trading volume was 11.2 times the 20-day average.

Gabriel India: The auto component maker fell as much as 12.14 percent, the most in over nine months, to Rs 158.85. Trading volume was 5.4 times the 20-day average.

Shares of the Mumbai-based company jumped as much as 4.39 percent to Rs 148.50 after its subsidiary Triumph Offshore Private Limited executed ship building contract for construction of LNG floating, storage and re-gasification unit with Hyundai Heavy Industries Company.

Shares of the Noida-based company rose as much as 7.14 percent, the most since August 22, to Rs 50.25 after its board of directors approved fund raising via rights issue.

The IT hardware company's board approved raising Rs 500 crore by way of rights issue of shares to its existing shareholders.

Shares of the Anil Ambani-led company jumped as much as 7.65 percent, the most in over nine months, to Rs 520.80.

The company was said to be in talks with renewables company Greenko to sell its Mumbai electricity business for an enterprise value of Rs 10,000-13,000 crore, according to a report by Economic Times.

Shares of the state-run power producer fell as much as 4.21 percent, the most in over nine months, to Rs 166.

The government kick started a two-day offer for sale (OFS) with an aim to raise Rs 13,800 crore.

The NTPC sale will be open for institutional investors on Tuesday, while retail investors will be able to bid on Wednesday. Retail investors will receive shares at a 5 percent discount to the cut-off price.

The shares in the OFS were fully subscribed as of 1.45 p.m.

  • Balrampur Chini Mills (-1.21 percent)
  • Bajaj Hindusthan Sugar (-1.34 percent)
  • Shree Renuka Sugars (-1.15 percent)
  • Dalmia Bharat Sugar (-1.71 percent)
  • Triveni Engineering (-2.02 percent)
  • EID Parry (-0.22 percent)

Stock Included In Nifty 50 Index

  • UPL +2 percent to Rs 856
  • HPCL +2.63 percent to Rs 475.50
  • Bajaj Finance -0.97 percent to Rs 1,808

Stocks Excluded From Nifty 50 Index

  • Bank of Baroda -2.5 percent to Rs 140.65
  • Tata Motors DVR -1.98 percent to Rs 220.75
  • ACC -1.63 percent to Rs 1,786
  • Tata Power -1.71 percent to Rs 77.50

Shares of the private sector lender rose as much as 6 percent, the most since April 10, after multiple block deals.

Around 1.89 crore shares, or 5 percent of equity, worth Rs 973 crore changed hands in two block deals on the BSE. The shares were traded at an average price of Rs 515-516 each.

For a complete list of stocks, click HERE

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