Newsmakers: SBI, AU Small Finance Bank, Zomato, Fortis Health among top 10 buzzing stocks today
The Indian markets continue to trade with strength on Wednesday, surging for the third straight day. Sensex closed over 60000-mark and Nifty50 above 17900 level for the first time since November 17, 2021. The surge in the market is mainly led by banking and financial stocks at close. At the market close, the BSE Sensex is up over 367 points or 0.61 per cent to 60,223, and Nifty50 is up 120 points or 0.67 per cent to 17,925 intraday.
Here is a list of 10 buzzing stocks to watch out for:
Panama Petrochem: Up 11.84%
The shares of the company closed in the green at Rs 287.25 with a gain of 11.84 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 286.90 with a gain of 11.46 per cent. Ramesh Damani bought a 1.26% stake in the company in the third quarter (Q3FY22). Source: panamapetro.com
AU Small Finance Bank: Up 7.13%
The shares of the company closed in the green at Rs 1,174 with a gain of 7.13 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 1169.95 with a gain of 6.88 per cent. The largest small finance bank in the country has released its Q3FY22 business updates and reported that its total deposit has increased by 49% YoY and 13.43% QoQ in the reported quarter at Rs 44,278 crore. Source: aubank.in
Gujarat Fluorochemicals: Up 5.74%
The shares of the company closed in the green at Rs 2,723.45 with a gain of 5.74 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 2703.35 with a gain of 5.06 per cent. Meanwhile, the stock touched a life high of Rs 2,379 per share earlier in the intraday trade today. Source: gfl.co.in
Greaves Cotton: Up 4.63%
The shares of the company closed in the red at Rs 161.50 with a fall of 4.63 per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 161.40 with a fall of 4.47 per cent. The shares of Greaves Cotton advanced higher by 11 per cent to Rs 171.45 on the BSE in Wednesday’s intra-day trade. Source: Greaves Cotton Twitter
Bajaj Finance: Up 4.44%
The shares of the company closed in the green at Rs 7668.55 with a gain of 4.44 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 7,665 with a gain of 4.39 per cent. The financial services company on Tuesday in its business update for the quarter ended December 31, 2021, said that its Assets under management (AUM) stood at approximately Rs 1,81,300 crore in Q3FY22, up 26.3% YoY and 8.63% QoQ. Source: Bajaj Finserv Twitter
Bandhan Bank: Up 3.83%
The shares of the company closed in the green at Rs 264.30 with a gain of 3.83 per cent as per NSE. As per BSE, the shares of the company closed in green at Rs 263.45 with a gain of 3.62 per cent. The private sector lender on Tuesday said that it has achieved 11% YoY and 9% QoQ growth in the loan and advances for the quarter ended December 31, 2021. Source: Bandhan Bank Twitter
State Bank of India: Up 1.80%
The shares of the company closed in the green at Rs 492.20 with a gain of 1.80 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 491.70 with a gain of 1.70 per cent. The public lender has invested $2 crore in Merchant Commerce Platform Pine Labs. Besides, India's largest lender has increased the limit for money transactions via Immediate Payment Service (IMPS) from Rs 2 lakh to Rs 5 lakh. There will be no charge for transacting through digital channels. The bank says that its service charge will not be slapped on. Source: Reuters
Pidilite: Up 1.50%
The shares of the company closed in the green at Rs 2637.50 with a gain of 1.50 per cent as per BSE. As per NSE, the shares of the company closed in green at Rs 2,637 with a gain of 1.45 per cent. Meanwhile, the stock touched a life high of Rs 2,662 per share earlier in the intraday trade today. Source: pidlite.com
Zomato: Down 2.89%
The shares of the company closed in the red at Rs 134.35 with a fall of 2.89 per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 133.95 with a fall of 3.18 per cent. There was a huge surge in-home delivery of food on the occasion of the New Year. Over 20 lakh plus orders were made on online food delivery platforms like Zomato and Swiggy on December 31, 2021. Source: Zomato Twitter
Fortis Healthcare: Down 3.53%
The shares of the company closed in the red at Rs 293.50 with a fall of 3.53 per cent as per NSE. As per BSE, the shares of the company closed in red at Rs 293 with a fall of 3.62 per cent. The stock hit the 52-week high of Rs 313.45 per share in the intraday trade on Tuesday. Source: Fortis Twitter