Sensex Sheds Around 500 Points From Day s Highs; Autos, Financials Weak The benchmark indices have shaved off almost a per cent from the highs of the day due to some profit-booking in the auto and financial stocks in afternoon trading.
Updated: June 09, 2021 1:29 pm IST
The benchmark indices have shaved off almost a per cent from the highs of the day due to some profit-booking in the auto and financial stocks in afternoon trading. The BSE Sensex has surrendered around 500 points from the highs of the day and as of 1:15 pm, the BSE benchmark is trading at 52,042.55, down 231.75 points or 0.44 per cent and the NSE Nifty is at 15,667.20, down 71.95 points or 0.48 per cent. The broader markets, including the S&P BSE MidCap and SmallCap indices, were trading lower by 0.2 per cent respectively.
Here s a list of stocks that may remain in focus today.
IndusInd Bank: Private lender IndusInd Bank on Wednesday said Sebi has granted one-month extension for its promoters to infuse residual capital in lieu of conversion of warrants, issued to them last year, worth over Rs 2,695 crore into equity.
Hero MotoCorp: Hero MotoCorp said it will increase prices of its vehicles by up to Rs 1,500 from January 1, 2021, to offset impact of rising input costs.
Wipro: Wipro on Wednesday said it has completed the acquisition of 83.4 per cent equity stake in Chennai-based Encore Theme Technologies. In October, the company had announced signing a definitive agreement to acquire Encore Theme for up to Rs 95 crore.