The 30-share pack Sensex dropped 182.75 points or 0.35 per cent to close at 52,386.19. Its broader peer NSE Nifty fell 38.10 points or 0.24 per cent to 15,689.80. Broader markets outperformed the benchmark indices, gaining over half a per cent.
Among the stock-specific actions, financial counters stole the show. Edelweiss and Aditya Birla Money hit upper circuit. Investors booked profits in the winners of this week.
Let’s have a look at the biggest movers and shakers of Friday’s session:
Gainers
Aditya Birla Money: The NBFC was in high demand amongst the investors ahead of its June 2020 quarter results, which are to be announced on 15 July, Thursday. The counter soared 20 per cent to Rs 72.40 on Friday.
Kitex Garments: Shares of the World’s second-largest manufacturer of kids apparel c surged 20 per cent to Rs 140.55 on Friday. The government of Kerala has withdrawn the show cause notices issued to the company on the minimum wage issue. Telangana State government has extended an invitation to it for setting up an apparels unit in the state.
Services: Ace investor Rakesh Jhunjhunwala increased his stake in the company, lifting the shares of the financial services firm. The scrip jumped 10 per cent to Rs 86.50 on Friday.
Jindal Stainless: The steel producer surged 9 per cent to Rs 120.50 on Friday after the company organised an investors call on July 8, Thursday. The company informed about the same in a regulatory filing.
HFCL: The telecom gear manufacturers gained 5 per cent, its daily circuit limit, to Rs 88.95 on Friday. The scrip has been rallying high, doubling investor’s wealth since the past month. The company will announce its results for the quarter ended June 30, 2021, on 12 July, followed by an investor call on July 13.
Losers
Shree Renuka Sugars: The sugar producer recently became the most valuable sugar company in India. The scrip has been hitting lower circuits recently as investors are booking profits after market watchdog SEBI sought clarification from the company. It settled at Rs 37.10 after declining 5 per cent.
Tasty Bites Eatables: After a recent rally in the packaged food products company, investors booked some profits. The counter settled at Rs 19500 on Friday, 5 per cent lower.
Wonderla Holidays: Shares of the amusement park and resort operator shed 4 per cent to Rs 255.10 on Friday, ahead of the weekend as the Covid-19 cases have spiked in southern India, impacting the business of the company. The counter had gained 30 per cent in the last one week.
