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The equity benchmark indices snapped their three-day winning run and ended lower on Friday as investors booked profits at higher levels, with selling pressure seen in IT, auto, and FMCG shares.
At close, the Sensex was down 387.73 points or 0.47 percent at 82,626.23, and the Nifty was down 96.55 points or 0.38 percent at 25,327.05. About 1992 shares advanced, 1961 shares declined, and 163 shares remained unchanged.
Among sectors, consumer durables, media, auto, FMCG, and IT shed 0.4-0.6%, while power, PSU bank rose 1% each.
The biggest Nifty losers were HCL Technologies, ICICI Bank, Nestle, Titan Company, Trent, while gainers were Adani Enterprises, Adani Ports, SBI Life Insurance, Shriram Finance, and SBI.
Among the broader market indices, both the BSE Midcap and smallcap indices ended flat.
STOCKS TODAY
Vodafone Idea
Vodafone Idea shares rose 9.61 percent after the Supreme Court deferred the hearing on the telco’s challenge to a fresh Rs 9,450-crore adjusted gross revenue (AGR) demand from the Centre as the government sought more time to respond.
Redington
The shares of Redington ended over 4 percent higher on September 19, as the sale of iPhone 17 began in India with a strong demand.
Ather Energy
Shares of e-scooter maker Ather Energy rose almost 3 percent, taking their gains for the week to over 7 percent. This is the fifth straight weekly rise for the stock.
ICICI Bank
The Bank’s shares went down 1.3 percent. Along with ICICI, other bank shares went down, snapping a 12-session rally for the Bank Nifty Index, as investors booked profits in select heavyweights.
Urban Company
The shares of Urban Company jumped more than 9 percent. The stock has rallied nearly 77 percent from its IPO price of Rs 103 apiece. The stock later pared some gains and was trading over 4 percent higher at Rs 177 apiece, as seen at 11.30 am.
Source – Money Control