Produced by: Aseem Thapliyal Designed by: Manoj Kumar
The domestic equity market was trading lower on Wednesday. Sensex fell 294 points to 71,598 and Nifty lost 92 pts to 21,574.
VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services said, "Market has turned highly volatile with profit booking triggered by high valuations. Even DIIs who have been consistent buyers are booking profits. Buying on dips also is happening simultaneously. These twin moves of profit booking and dip buying will keep the market highly volatile in the near-term. An important trend in the market is the renewed buying in pharmaceuticals. Further buying can be expected in this segment."
Shares of Canara Bank rose nearly 4% to a fresh 52 week high of Rs 460.15. Market cap of the bank rose to Rs 83,323 crore. Total 8.56 lakh shares of the firm changed hands amounting to a turnover of Rs 38.81 crore on BSE.
Shares of Indian Hotels rose 4% to a fresh 52 week high of Rs 455 in a weak market. Market cap of the firm rose to Rs 64,450 crore. Total 1.83 lakh shares of the firm changed hands amounting to a turnover of Rs 8.18 crore on BSE.
Shares of IRCON International rose over 5% to a fresh 52-week high of Rs 184.50 amid a weak trend in the broader market today. IRCON International stock rose 5.5% to Rs 184.50 on BSE. Market cap of the firm rose to Rs 17,267 crore. Total 17.18 lakh shares of the firm changed hands amounting to a turnover of Rs 30.98 crore on BSE.
Shares of Ambuja Cements hit their fresh 52 week high amid a weak broader market today. Ambuja Cements stock rose 3.35% to a high of Rs 549 on BSE. Market cap of the firm rose to Rs 1.06 lakh crore. Total 3.80 lakh shares of the firm changed hands amounting to a turnover of Rs 20.52 crore on BSE.
Shares of Adani Ports climbed to their 52 week high of Rs 1144 on BSE. Market cap of the firm rose to Rs 2.34 lakh crore. Total 18.24 lakh shares of the firm changed hands amounting to a high turnover of Rs 202.76 crore on BSE.
Shares of YES Bank hit a fresh 52-week high of Rs 23.73 on BSE today. Market capitalization of the lender rose to Rs 67,359 crore. Total 391.94 lakh shares of the firm changed hands amounting to a high turnover of Rs 91.57 crore.
Shares of Adani Enterprises Ltd rose 9.14 per cent to Rs 3199.45 on Wednesday as the Supreme court announced its verdict on a batch of petitions in the Adani-Hindenburg Research case. Market cap of the firm rose to Rs 3.41 lakh crore. Total 8.12 lakh shares of the firm changed hands amounting to the highest turnover of Rs 250.49 crore on BSE.
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