Top 5 stocks of the day: Bajaj Finserv, Adani Enterprises, Bajaj Finance, Hindalco Industries and Wipro were among the top losers on the Nifty, while gainers were HUL, BPCL, ITC, Grasim Industries and Nestle India. Barring FMCG, all other sectoral indices ended in the red with realty, capital goods, IT, metal and PSU Bank down 1-2 percent. The BSE midcap and smallcap indices shed 1 percent each.
Top 5 stocks of the day: Nifty and Sensex
On March 20, benchmark indices lost ground after a two-day winning streak, with the Nifty hovering around 17,000 at the time. The Nifty was down 111.60 points or 0.65% at 16,988.40 at closure, and the Sensex was down 360.95 points or 0.62% at 57,628.95. A total of 1138 shares increased, 2393 fell, and 125 were constant.
Top 5 stocks of the day: NIFTY FMCG Top Stock Gainers
Company
CMP
Chg(%)
Volume
HUL
2,513.60
2.7
1.35m
Jubilant Food
435.30
2.02
3.09m
Godrej Consumer
961.35
1.47
1.63m
ITC
378.90
0.89
8.34m
Colgate
1,499.30
0.77
290.18k
Nestle
18,950.00
0.49
59.60k
United Brewerie
1,450.00
0.25
206.93k
Dabur India
537.10
0.18
761.10k
SKF India to acquire 26% stake in Clean Max Taiyo
SKF India has decided to invest in Cleanmax Taiyo, a provider of renewable energy, by purchasing 2,600 of its fully paid equity shares, or 26% of the firm.
The SKF board approved a 26 percent equity ownership in a special purpose vehicle firm in November 2022 in order to commission a captive project (wind + solar) through open access for a Bangalore plant. By June 2023, the acquisition will be finished.
TTIPL-RVNL Consortium (Tracks & Towers Infratech Pvt. Ltd-Rail Vikas Nigam Ltd) emerges as the Lowest Bidder (L1) for NHAI Project of six-lane greenfield Varanasi-Ranchi-Kolkata highway from Sonepurbigha village to junction with NH-22 (Chatra Bypass) near Chatra from km 184.700 to km 222.000 under Bharatmala Pariyojana in Jharkhand on Hybrid Annuity Mode basis.
The project will cost Rs. 1,271.99 crore (TTIPL share is 51 percentand RVNL share is 49 percent). Rail Vikas Nigam was trading at Rs. 63.97, an increase of Rs. 1.06 or 1.68 percent.