Jun 28, 2024

Gainers & Losers: Reliance, Mazagon Dock among 5 stocks in limelight on Friday

Nishtha Awasthi, ETMarkets.com

Newsmakers of D-Street

After record highs, Sensex, Nifty ended in red breaking 4 sessions gaining streak dragged by banks, Indian headline indices ended their four sessions gaining streak on Friday after hitting fresh record highs dragged by selling pressure in bank stocks. The 30-stock S&P BSE Sensex scaled a new peak of 79671.58, before ending the day at 79,032.73, declining 568.93 points or 0.27% while the broader Nifty hit the lifetime high of 24,174 before settling at 24,010.60, lower by 34 points or 0.14%.Here are the stocks that saw maximum action today:

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CDSL

Shares of Central Depository Services (CDSL) rose 20% to its new all-time high of Rs xx on NSE after the board announced that they will be holding a board meeting on July 2 and consider a bonus issue of shares.

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JK Tyre

Shares of JK Tyre Industries soared 9% to close at Rs 430.10 on BSE today after the domestic brokerage firm Emkay Global reiterated a ‘buy’ call on the stock with an increased target price of Rs 700.

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Reliance

Reliance Industries’ shares surged 2.3% on BSE to close at Rs 3,131.85 and became the first Indian company that crossed the Rs 21 lakh crore market capitalization milestone, after Jio raised the pricing of its prepaid and postpaid plans.

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Polycab India

Shares of Polycab India tumbled 3.6% to close at Rs 6,735.90 on BSE after a likely promoter stake sale in the company via a block deal.

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Mazagon Dock Shipbuilders

Shares of Mazagon Dock Shipbuilders fell by 3% to settle at Rs 4,286.40 on BSE amid reports that the government might sell some stake in the PSU via an OFS.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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