The 30-share pack Sensex tanked 678 points or 1.13 per cent to close at 59,307. Its broader peer Nifty50 declined 186 points or 1.04 per cent to 17,672. Broader markets outperformed, with the BSE midcap index settling in the green.
Internet-based companies were the worst hit. IRCTC recovered from a 28 per cent fall but ended the day lower. Investors lapped up the stock after the
government backtracked on its decision to share 50 per cent of the convenience fee that the company generates.
Let’s have a look at the biggest movers and shakers of Friday’s session:
Losers of the day
: The smallcap IT player tanked 17 per cent to Rs 42.45 following a weak technical set-up on the charts. The daily traded volume jumped manifold compared to the two weeks’ traded volume.
RBL Bank: The private sector lender shed 10 per cent to Rs 180.60 after it reported a 78 per cent year-on-year (YoY) decline in its September quarter net profit at Rs 31 crore amid asset quality issues.
Saurashtra Cement: The cement player plunged 8 per cent to Rs 82.70 after it reported a net loss of Rs 7.16 crore in the quarter ended September 2021 as against a net profit of Rs 11.74 crore during the previous quarter ended September 2020.
IRCTC: The railway monopoly declined 7 per cent to Rs 845.65 even as the government withdrew its decision of sharing the proceeds of service charge on e-ticketing with Indian Railways.
Gainers of the day
Ujjivan Financial Services: The NBFC advanced 19 per cent to Rs 181.55 on the back of a strong technical set-up. The traded volume jumped manifold compared to the two-week average.
Esab India: The industrial goods player rallied 12 per cent to Rs 2,535.80 ahead of its board meeting scheduled on November 10. The board will consider and approve results for the quarter ended on September 30, 2021, and dividend, if any.
: The industrial machinery added 12 per cent to Rs 171.75 after the company reported a strong performance in the first half of the financial year 2021-22. It reported a net profit of Rs 46.23 H1FY22.
Bharat Bijlee: The motors and generators company soared 11 per cent to Rs 1,493.80 as its September quarter net profit more than doubled. It reported a net profit of Rs 14.39 crore, as against a profit of Rs 6.05 in the same quarter the previous year.
Allsec Technologies: The BPO/KPO player gained 10 per cent to Rs 531.30 after the company reported more than double profit in the second quarter of FY 2021-22 to Rs 12.95. It also declared a dividend of Rs 45 per share.
