Market Buzz Today: Spencer's Retail share price jumps 20%, Century Textiles 4.11%
Markets were performing in red on Tuesday, January 21, 2020 and selling was witnessed in most sectors. Certain stocks remained in action throughout the day, depending on the type of news related to it.
Markets were performing in red on Tuesday, January 21, 2020 and selling was witnessed in most sectors. Certain stocks remained in action throughout the day, depending on the type of news related to it. This had an impact on indices and investors saw BSE Sensex pushed down 172.52 points, or 0.42% to 41,356.39 and Nifty 50 down 34.65 points or 0.28% to 12,189.90 at 3.04 pm. Similarly, Bank Nifty was down by 109.80 points, or 0.35%, to 30,970.85.
Here are some stocks that moved the markets today:
Spencer’s Retail: Up 20%. Radhakishan Damani bought 16,61,324 equity shares (representing 2.09 per cent of total paid-up equity) during December quarter.
KEI Industries: Up 2.90%. Gained 6.5 per cent intraday on January 21 after strong earnings performance in the quarter ended December 2019. Consolidated net profit during the quarter grew by 50.4 per cent year-on-year to Rs72.5 crore.
Hindustan Zinc: Down 1.90%. The company posted a 26.7 per cent decline in net profit at Rs 1,620 crore for the December 2019 quarter.
Infosys: Down 0.68%. S&P affirms rating of the company at 'A-'; outlook stable: Reports
Century Textiles: Up 4.11%. Hits fresh 52-week high surges 40% in 3 months.
Info Edge: Up 0.84%. Zomato acquires Uber Eats' India business.
Fortis Health: Up 2.27%. Rakesh Jhunjhunwala raises stake to 2.65% in Q3 vs 1.66% in Q2.
NBCC: Down 0.93%. It did climb 2% on bagging Rs 720 order from CCL earlier.
Buzzing: MOIL slips 1.62% amid reports govt has divested 6% stake.
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