Benchmark indices BSE Sensex, NSE Nifty50 ended higher on Wednesday. Biggest gainers included NTPC, Bajaj Finance, IndusInd Bank, UltraTech Cement and Bajaj Finserv, while losers were TCS, Bajaj Auto, HUL Hero MotoCorp and Maruti Suzuki.
All sectors ended in the green with PSU Bank up 2%, while power, healthcare and oil & gas up 0.5% each. BSE midcap index and smallcap indices added 0.6% each on Wednesday
Shares of IndusInd Bank rallied 4% to hit a 52-week high of Rs 1,443.40 on NSE in intraday trade today, buoyed by the lender's healthy earnings for the April-June quarter. The scrip closed at Rs 1,420.7
Shares of TV18 Broadcast jumped 10% to hit an intraday high of Rs 44.05 on NSE after the company reported a robust performance for the quarter ended June. The company reported a 151% jump in consolidated operating revenue at Rs 3,176 crore for the June quarter; The scrip closed at Rs 42.70
Shares of Bikaji Foods International surged about 6% intraday to hit a 52-week high of Rs 468.90 on NSE after the ethnic snackmaker announced that it will acquire a significant stake in Bhujialalji Private Limited. The scrip ended the session at Rs 449.25
Shares of Tejas Networks jumped more than 8% intraday to hit a fresh 52-week high of Rs 889 on NSE. The stock is rallying in anticipation of Q1 results. With the biggest order in the history of the company received from BSNL, the performance of Tejas Networks is expected to turn around. The scrip closed at Rs 873
Shares of Rekha Jhunjhunwala portfolio stock Jubilant Pharmova fell more than 4% today to hit an intraday low of Rs 380 on NSE after the company reported a sharp drop in reported net profit to Rs 6 crore from Rs 47 crore a year ago. This was even when the company managed to grow its revenue. The scrip closed at Rs 387
Share price of NTPC surged 4% to fresh decadal high of Rs 196.60 on NSE as Goldman Sachs put a ‘buy’ rating on the stock with a target price of Rs 265 per share saying that NTPC will benefit from India's clean energy transition. The scrip ended the session at Rs 192.7
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