BSE Sensex declined 215.12 points or 0.39 per cent to close at 54,277.72. Its broader peer NSE Nifty dropped 56.40 points or 0.35 per cent to 16,238.20. Broader markets outperformed as BSE midcap and smallcap indices settled in the green.
staged a strong comeback, gaining over 40 per cent from Thursday’s low. BASF roared after a strong June 2021 quarter performance and Future group stocks bled post a setback from the apex court in the case against Amazon.
Here is a look at some of the biggest movers and shakers of Friday’s session:
TOP GAINERS OF THE DAY
Vodafone Idea: The telecom player soared 20 per cent to Rs 7.10 after the government decided to amend the income tax law to do away with retrospective taxation.
BASF: The speciality chemical stock rallied 19 per cent to Rs 3,412.25 as the company returned to the black in the June 2021 quarter. The company reported a net profit of Rs 197.28 crore in the quarter ended June 30, 2021.
Venue Remedies: The pharmaceutical firm added 15 per cent to Rs 579.80 ahead of its board meeting next week. The company board will meet on August 12 to consider and approve results for the June 2021 quarter.
Barbeque Nation: The recently listed restaurant chain continued its upward move after a strong show in June 2021 quarter and also amidst the IPO buzz of its peer Devyani International. The Jhunjhunwala stock advanced 13 per cent to Rs 1162.60.
Patel Engineering: The construction and engineering company turned profitable in June 2021 quarter. It reported a profit of Rs 3.5 crore during April-June 2021 period, as against a net loss of Rs 36.09 crore in the corresponding period previous year. The scrip settled at Rs 16.50, 9 per cent higher.
TOP LOSERS FOR THE DAY
Future Group stocks: The Future Group stocks tanked as much as 10 per cent after the Supreme Court verdict, which upheld Amazon’s plea against Reliance and Future Group deal. Future Lifestyle Fashions, Future Retail Future Supply Chain Solutions and Future Enterprises tanked 10 per cent each to Rs 60.7, Rs 52.55, Rs 74.30 and Rs 9.2 respectively.
Windsor Machines: The smallcap industrial machinery plunged 8 per cent to Rs 33 after it reported a net loss of Rs 3.5 crore in June 2021 quarter, as against a net profit of Rs 12.27 crore in March 2021 quarter.
Strides Pharma Science: The pharmaceutical firm shed 6 per cent to Rs 732.85 after the company reported a net loss of Rs 116.9 crore in the June 2021 quarter. The company announced its exit from West Palm Beach, Florida.
Salasar Techno Engineering: The construction and Engineering firm fell 6 per cent on the back of poor technical indicators. The average volumes jumped 6 times during the intraday session.
Gujarat Gas: The city gas distributor declined 5 per cent to Rs 737.15 as the investors booked profits after a strong performance in June 2021 quarter. The scrip has gained about 20 per cent in the last one month.
