POST MARKET
Indian equity benchmarks snapped their three-day winning streak on April 22, declining nearly 1 percent amid selling pressure in IT heavyweights and continued uncertainty surrounding geopolitical developments.
Among sectors, IT index shed nearly 4%, Private Bank index fell 0.7%, while Oil & Gas, FMCG, Media, Metal, Realty added 0.5% each.
Broader indices outperformed with Nifty Midcap index rising 0.2%, while smallcap index gaining more than 1%.
STOCKS IN NEWS
BEML
The shares of BEML surged 3.51% percent after the company secured an order from the Ministry of Defence for the supply of trawl assemblies, with a contract value of Rs 590 crore.
PNC Infratech
PNC Infratech stocks sky up around 6% due to the company has emerged as the lowest (L1) bidder for two HAM-based national highway projects worth Rs 3,483 crore.
Onesource Specialty Pharma
Stocks of Onesource Specialty Pharma rose more than 2 perent due to Fidelity Securities Fund, through its Fidelity Blue Chip Growth Fund, has acquired 20.17 lakh shares (a 1.76 percent stake) in Onesource Specialty Pharma for Rs 308.7 crore. The purchase price was Rs 1,530 per share.
Hindustan Zinc
Share of Hindustan Zinc jump to 2.80 percent on 22,April because of The Board will meet on April 24 to consider the audited standalone and consolidated financial results for the fourth quarter and the year ended March 2026, as well as the declaration of the first interim dividend on equity shares, if any, for FY27.
Source – Moneycontrol
