The 30-share pack Sensex fell 14.77 points or 0.03 per cent to close at 55,944.21 after trading in a range of 300 points. Its broader peer NSE Nifty climbed 10.05 points or 0.06 per cent to 16,634.65. Broader market stocks were also in demand.
Industrial gas companies and smallcap electric appliance makers were much in demand. Eggs producers were back in the gaining momentum. However, not many of the companies showed steep cuts.
Here is a look at some of the biggest movers and shakers of Wednesday’s session:
TOP GAINERS OF THE DAY
Hind Rectifiers: The electric component maker soared 20 per cent to Rs 183.45 after the company credited dividend to its shareholders. The volume of the company jumped about four times as compared to the average volume.
Industrial gas Stocks: Shares of Linde India and Refex Industries continued to gain after the government of Delhi notified Medical Oxygen Production Promotion Policy 2021. The former rallied 12 per cent to Rs 2,561.50, whereas the latter advanced 19 per cent to Rs 153.80.
General Insurance Corporation of India: The general insurer firm was high in demand, adding 14 per cent to Rs 158.65, amidst reports of privatisation by the government. The volume of the counter jumped about 5 times compared to the average traded volume.
Venky’s India: The egg producer zoomed 12 per cent to Rs 2,916.20 after the government allowed import of 1.2 million tonnes of genetically modified (GMD) soymeal in India.
Aptech: The IT services company surged 11 per cent to Rs 280.15 ahead of its board meeting scheduled on August 31, 2021. The board will meet to conduct the business transactions to introduce/launch new online business for the company.
Capacite Infraprojects: After a rating downgrade by India Rating and Research, the construction and engineering player bled for two days. It settled at Rs 152.55, 10 per cent higher.
TOP LOSERS OF THE DAY
Star Cement: The cement maker tanked 6 per cent to Rs 109.20 during the intra-day trade after the stock of cement manufacturer turned ex-share buyback today.
Havells India: The largecap electrical goods maker shed 5 per cent to 1204.20 as the investors fancied over smaller electric players.
Nelco: The Tata group’s IT networking equipment counter dipped 4 per cent to Rs 469.30 as investors continued to book profit in the company after a sharp rally in the counter during the last one month.
