Gainers and losers: Nykaa, PNB among 7 stocks that dominated the day

1/8

Newsmakers of D-Street

After hitting a fresh all-time record high at 62,447.73 on Friday, Sensex today ended flat as investors found it tough to look for cues. The broader market outperformed and closed with gains of 1%. Analysts said that once Nifty is able to cross its previous high of 18,604, it would steadily inch up towards 19,000 levels over the next few weeks.

Here are the top gainers and losers of the day:

Agencies

Easy Trip Planners stock today ended nearly 5% lower at Rs 65 amid profit booking. The stock hit a new 52-week high value at Rs 73.50.

Getty Images

Shares of iron & steel products company Hariom Pipe Industries (HPIL) rallied nearly 12% to hit a 52-week high of Rs 319.40 amid heavy volumes after the company completed the setup of a 15 ton electric melting furnace.

iStock

Shares of auto ancillary company Tube Investment of India (TII) rallied nearly 5% to Rs 2,725 after the company informed that it has signed a shares’ subscription agreement and a shareholders’ agreement with X2Fuels to acquire a 50% stake in the company.

Agencies

5/8

Dev Information Technology

Shares of Dev Information Technology (Dev IT) ended 17% higher at Rs 138.60 on the back of corporate action and increasing HNI interest in the company.

ETtech

Shares of state-owned Punjab National Bank (PNB) jumped over 9.5% to hit a 52-week high at Rs 55.65 after getting government approval to divest its entire stake in UTI Asset Management Company (AMC).

Reuters

Nykaa shares advanced 3% to Rs 176 amid buying at lower levels and amid reports that its Pink Friday Sale saw a growth of 40% from last year’s sale.

Reuters

Paytm shares ended over 5% higher at Rs 464.80 amid bottom fishing by traders at lower levels.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

ETMarkets.com

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Eid-ul-Fitr moon sighting highlights: Saudi Arabia, India may mark Eid same day

Eid-ul-Fitr 2022 moon sighting highlights: There is a wafer-thin chance that Muslims…

As Washington ramps up efforts to bring India on board with sanctions against Russia, U.S. treasury official on visit to Mumbai and Delhi

U.S. Assistant Secretary to discuss Russian oil purchases by India, rupee-rouble trade…

सड़क, रेल, 5G… अरुणाचल बॉर्डर से सटे तिब्‍बत में क्‍या-क्‍या गुल खिला रहा चीन, सेना ने सब बताया

Edited by दीपक वर्मा | भाषा | Updated: May 17, 2022, 1:08…

India Shelves ₹35,000 Cr Plan To Upgrade Su-30 Fighter Fleet Amid Russia-ukraine War | Mint

NEW DELHI : Several factors have shelved the Indian Air Force’s plan…