Nine stocks that buzzed in choppy trade today
MUMBAI: The Sensex ended a choppy session on positive note led by gains realty, FMCG, healthcare and power sectors even as the European markets remained subdued.
Following are the stocks that buzzed in today's trade.
JSW Energy:
The Centre finally clears the debt restructuring of state electricity boards... Sets three-year moratorium on repayment of principal.. State governments can now float bonds worth half of their power distribution companies' loans... while they will also back all loans taken by the power utilities.
Shares of JSW Energy ended over 6 per cent higher at Rs 59.95 on the BSE. It touched a high of Rs 60.60 and a low of Rs 56.35 in trade today.
McNally Bharat:
Shares of McNally BharatBSE 8.21 % surged on reports that Rakesh Jhunjhunwala has bought 5 per cent stake in it via open market transaction.
The stock ended at Rs 110, up 8.21 per cent on the BSE. It touched a high of Rs 112.15 and a low of Rs 104.50 in trade today.
HMT:
Shares of government owned HMT surged higher in the afternoon on reports that the department of Heavy Industry has moved Cabinet note to revive the company.
The stock ended at Rs 44.30, up 4.11 per cent on the BSE. It touched a high of Rs 44.85 and a low of Rs 42.15 in trade today.
United Spirits:
The stock surged higher after Vijay Mallya confirmed stake sale talks with Diageo at the company's AGM in Bangalore. However, there is no certainty that discussions will lead to a deal.
The stock ended at Rs 1,147.70, up 8.89 per cent on the BSE. It touched a high of Rs 1,174 and a low of Rs 1,061 in trade today.
Shree Renuka Sugars, Bajaj Hindusthan, Sakthi Sugars:
Shares of sugar companies fell sharply on reports that the Manmohan Singh led UPA government has dropped agenda of hiking sugar price sold through public distribution system.
Shree Renuka SugarsBSE -6.28 % ended at Rs 35.10, down 6.28 per cent on the BSE. It touched a high of Rs 36.80 and a low of Rs 35 in trade today.
Bajaj HindusthanBSE -0.21 % ended at Rs 31.30, down 5.01 per cent on the BSE. It touched a high of Rs 32.45 and a low of Rs 31.05 in trade today.
Sakthi SugarsBSE -7.93 % closed at Rs 31.95, down 7.93 per cent on the BSE. It touched a high of Rs 34.40 and a low of Rs 31.60 in trade today.
Maruti Suzuki:
The stock fell in trade today by almost 2.5 percent as the car maker reached a settlement with 2,000 permanent workers of the Gurgaon plant. Monthly wages in the unit is likely to rise by Rs 18,000 rupees per worker.
The stock ended at Rs 1,321.10, down 2.42 per cent on the BSE. It touched a high of Rs 1,367.90 and a low of Rs 1,317.20 in trade today.
Cairn India:
Shares of Cairn India were witnessing selling pressure as sentiment turned weak in the counter after Cairn Energy sold 153 million shares via Citigroup for Rs 325.05 per share on NSE, say reports. The offer price was at 6 per cent discount to Cairn India's closing price of Rs 346 in previous session.
The stock ended at Rs 333.60, down 3.57 per cent on the BSE. It touched a high of Rs 341.20 and a low of Rs 326 in trade today.
Following are the stocks that buzzed in today's trade.
JSW Energy:
The Centre finally clears the debt restructuring of state electricity boards... Sets three-year moratorium on repayment of principal.. State governments can now float bonds worth half of their power distribution companies' loans... while they will also back all loans taken by the power utilities.
Shares of JSW Energy ended over 6 per cent higher at Rs 59.95 on the BSE. It touched a high of Rs 60.60 and a low of Rs 56.35 in trade today.
McNally Bharat:
Shares of McNally BharatBSE 8.21 % surged on reports that Rakesh Jhunjhunwala has bought 5 per cent stake in it via open market transaction.
The stock ended at Rs 110, up 8.21 per cent on the BSE. It touched a high of Rs 112.15 and a low of Rs 104.50 in trade today.
HMT:
Shares of government owned HMT surged higher in the afternoon on reports that the department of Heavy Industry has moved Cabinet note to revive the company.
The stock ended at Rs 44.30, up 4.11 per cent on the BSE. It touched a high of Rs 44.85 and a low of Rs 42.15 in trade today.
United Spirits:
The stock surged higher after Vijay Mallya confirmed stake sale talks with Diageo at the company's AGM in Bangalore. However, there is no certainty that discussions will lead to a deal.
The stock ended at Rs 1,147.70, up 8.89 per cent on the BSE. It touched a high of Rs 1,174 and a low of Rs 1,061 in trade today.
Shree Renuka Sugars, Bajaj Hindusthan, Sakthi Sugars:
Shares of sugar companies fell sharply on reports that the Manmohan Singh led UPA government has dropped agenda of hiking sugar price sold through public distribution system.
Shree Renuka SugarsBSE -6.28 % ended at Rs 35.10, down 6.28 per cent on the BSE. It touched a high of Rs 36.80 and a low of Rs 35 in trade today.
Bajaj HindusthanBSE -0.21 % ended at Rs 31.30, down 5.01 per cent on the BSE. It touched a high of Rs 32.45 and a low of Rs 31.05 in trade today.
Sakthi SugarsBSE -7.93 % closed at Rs 31.95, down 7.93 per cent on the BSE. It touched a high of Rs 34.40 and a low of Rs 31.60 in trade today.
Maruti Suzuki:
The stock fell in trade today by almost 2.5 percent as the car maker reached a settlement with 2,000 permanent workers of the Gurgaon plant. Monthly wages in the unit is likely to rise by Rs 18,000 rupees per worker.
The stock ended at Rs 1,321.10, down 2.42 per cent on the BSE. It touched a high of Rs 1,367.90 and a low of Rs 1,317.20 in trade today.
Cairn India:
Shares of Cairn India were witnessing selling pressure as sentiment turned weak in the counter after Cairn Energy sold 153 million shares via Citigroup for Rs 325.05 per share on NSE, say reports. The offer price was at 6 per cent discount to Cairn India's closing price of Rs 346 in previous session.
The stock ended at Rs 333.60, down 3.57 per cent on the BSE. It touched a high of Rs 341.20 and a low of Rs 326 in trade today.
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