Produced by: Aseem Thapliyal
The domestic equity market was trading lower in the afternoon session today. Sensex lost 309 points to 72,677 and Nifty slipped 87 pts to 22,113.
V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services said, “India’s underperformance is likely to change soon with clarity on election results. DIIs, HNIs and retail can turn aggressive buyers lifting the market sharply. FIIs can’t afford to miss this potential rally. The only risk is political instability after elections which appears a very low probability event now."
Shares of construction firm NCC rose 8% to a high of Rs 272.95 post Q4 earnings. Market cap of the firm stood at Rs 16,989 crore. Total 9.94 lakh shares of the firm changed hands amounting to turnover of Rs 26.53 crore on BSE.
Shares of Titagarh Rail Systems zoomed 8% to Rs 1204.10 after the firm reported its earnings for March quarter and FY24. The engineering company reported a 64% year-on-year (YoY) rise in net profit to Rs 79 crore in Q4. Market cap of the firm rose to Rs 15,925 crore.
Shares of Bandhan Bank were among the top BSE losers falling 6.43% to Rs 177.45. Market cap of the bank fell to Rs 28,659 crore. Total 12.21 lakh shares of the lender changed hands amounting to a turnover of Rs 22.19 crore on BSE.
Shares of CG Power fell nearly 3% to Rs 622.05 in the afternoon session today. Market cap of the firm fell to Rs 95,381 crore. Total 68.05 lakh shares of the company changed hands amounting to the highest turnover of Rs 430.1 crore on BSE.
Shares of Waaree Renewable Technologies fell 5% to Rs 2311.25 in the afternoon session today. Market cap of the firm fell to Rs 24,256 crore. Total 5.89 lakh shares of the company changed hands amounting to a high turnover of Rs 142.94 crore on BSE.
Shares of Tata Motors fell 3% to Rs 920 in the afternoon session today. Market cap of the firm fell to Rs 3.05 lakh crore. Total 9.31 lakh shares of the company changed hands amounting to a high turnover of Rs 87.03 crore on BSE.
Shares of Adani Power touched their record high in early deals today. The Adani Group stock climbed to a high of Rs 651.60 against the previous close of Rs 639.80 on BSE. Market cap of the firm climbed to Rs 2.46 lakh crore in the current session. A total of 4.55 lakh shares of the firm changed hands amounting to a turnover of Rs 29.11 crore on BSE.
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