Produced by: Prashun Talukdar
Indian equity benchmarks inched higher on Friday, led by gains in automobile stocks. The 30-share BSE Sensex rose 33 points or 0.04% up to close at 81,086. The broader NSE Nifty index settled 12 points or 0.05% up at 24,823. Stocks such as Nykaa, IndiGo, Piramal Enterprises and Poonawalla Fincorp were among the top gainers on Nifty 200 during the week.
FSN E-Commerce Ventures Ltd's (Nykaa's parent) stock was the top gainer this week in the Nifty 200 universe as the scrip soared 19.81% to Rs 226.77. Exchange data showed 4,08,78,740 shares changed hands in a block deal worth Rs 851.50. Pre-IPO investor Harindarpal Singh and associates were the likely sellers. The stock has zoomed 29.36% in the last one month.
Piramal Enterprises Ltd's stock surged 19.28% this week to Rs 1,052.5 on NSE, and was among the top gainers in the Nifty 200 universe. In the last one month, the stock has gained 11.95%.
Poonawalla Fincorp Ltd's stock was also among the top gainers in the Nifty 200 pack this week as it moved 13% higher to Rs 400.4 on NSE. However, the stock has shed 0.9% in the last one month.
InterGlobe Aviation Ltd's (IndiGo's parent) stock jumped 11.89% to Rs 4,710.45 on NSE in the week ended on August 23 and was among the top gainers in the Nifty 200 universe. The stock has climbed 8.62% on a monthly basis.
Dixon Technologies India Ltd's stock was also among the top gainers in the Nifty 200 universe this week as it rose 11.39% to Rs 13,270.55 on NSE. In the last one month, the stock has ascended by 16.89%. Shares of L&T Technology Services, Mphasis, Hindalco Industries, Grasim Industries and Voltas also picked up pace on NSE 200 during the week.
Mazagon Dock Shipbuilders Ltd's stock slumped 11.74% this week to Rs 4,411.6 on NSE, and was the top loser in the Nifty 200 pack. The stock has fallen 17.16% in the last one month.
Macrotech Developers Ltd's shares plunged 9.56% to Rs 1,161.25 on NSE this week, making the stock one of the top losers in the Nifty 200 universe. The scrip has slumped 19.24% in the last one month. During the week, shares of Prestige Estates Projects, SJVN, Sun TV Network, Gland Pharma and Adani Energy Solutions also saw sharp corrections on NSE 200.