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Newsmakers of D-Street
Indian benchmark indices ended in deep red on Friday amid selling action across sectors. Foreign investors may have aided the sell-off, offloading stakes in bluechips as those investing from Mauritius may now face greater scrutiny. The S&P BSE Sensex ended the session at 74,244.90, plunging 793 points or 1.06%. The broader Nifty settled at 22,519, lower by 234 points or 1.03%. Here are the stocks that saw action today:
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Sun Pharma
Shares of Sun Pharma Advanced Research Company (SPARC) fell 5% to end at Rs 408 on the NSE amid selling pressure in most pharma and healthcare stocks. It was yet another 5% fall for SPARC shares. Moreover, the company on Wednesday announced the closing of its 'PROSEEK' study in patients with Early Parkinson’s Disease.
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Maruti Suzuki
Shares of Maruti Suzuki fell 4% to the day's low of Rs 12,225 on the NSE amid selling pressure in auto stocks. The counter today ended at Rs 12,269, down by Rs 414 or 3% over the Wednesday closing price.
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Prestige Estates
Shares of Prestige Estates Projects fell 5% to the day's low of Rs 1,180 before ending the session at 1,198 on the NSE, down by Rs 50 or 4%. The stock fell amid selling pressure in overall markets including realty stocks.
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Bharti Hexacom
The shares of Bharti Hexacom were listed at a premium of 32% at Rs 755 on the NSE and went to hit the day's high of Rs 880. The stock finally settled at Rs 814, gaining Rs 59 or 8% over the listing price.
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CAMs
Computer Age Management Services (CAMS) shares jumped 6% to Rs 3,223 on NSE after the Reserve Bank of India (RBI) granted authorisation to the company to operate as an online payment aggregator. CAMS got an in-principle authorisation from RBI back in February 2023. The stock ended at Rs 3,114.80, rising Rs 64.65 or 2.12%.
Image Source: ETMarkets.com
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