GMR Airports Infrastructure is currently developing two significant greenfield airport projects - one in Bhogapuram, Andhra Pradesh, and the other in Heraklion, Crete, Greece, in collaboration with construction company GEK Terna. The passenger traffic at Delhi and Hyderabad airports is consistently increasing, reaching the highest year-to-date (YTD) levels recorded.
Sectorally, buying was seen in realty, auto, healthcare, and utilities while FMCG, oil & gas, IT, and consumer durable stocks saw some selling pressure.
The S&P BSE Sensex fell by over 200 points while the Nifty50 managed to hold on to 19600 levels. Sectorally, buying was seen in auto, consumer durables, and FMCG stocks while metal, energy, oil & gas and power stocks saw some selling pressure
Stocks that were in focus include names like KIOCL which was up 20%, Karur Vysya Bank rose more than 4% and Tata Consumer Products pared gains after hitting all-time high to close flat.