Despite positive global sentiment, Indian equities closed significantly lower in Wednesday’s session due to a sudden sell-off towards the end. Nifty ended 302.95 points, or 1.41% lower at 21,150.15, while Sensex fell by 930.88 points, or 1.3%, to 70,506.31. Nifty Midcap 100 performed worse than the main indices, dropping over 3%.
Here are the 10 stocks that were most active on December 20:
DOMS Industries:
Shares of the stationery major had a remarkable debut on the D-Street, but closed around 5% lower at Rs 1330.85.
India Shelter Finance:
On its first day of trading, shares of the housing financier closed over 10% higher at Rs 543.5.
Varun Beverages:
Shares of the company closed over 7% higher at Rs 1254.55 as the market reacted positively to the company’s acquisition and entry into the South African market.
Symphony:
Shares of the consumer electronics major closed slightly higher at Rs 876.25, with increased trading volume.
Embassy Office Parks REIT:
According to a PTI report, Global fund Blackstone has sold its entire stake of Rs 7,100 crore in the company, causing the stock to close over 1% lower at Rs 331.
Manappuram Finance:
Shares of the NBFC closed at Rs 164.1, a decrease of over 5%, despite Morgan Stanley reiterating its ‘overweight’ recommendation on the stock.
Transformers and Rectifiers (India):
After initially gaining on a Rs 219 crore order win, the stock closed in the red, down around 3% at Rs 183.75.
Aurobindo Pharma:
Shares of the pharma major reached a new all-time high of Rs 1081.45 before settling marginally higher by 0.13% at Rs 1,034. The company received an establishment inspection report (EIR) from the US FDA, classifying its Andhra Pradesh facility as ‘Voluntary Action Indicated’ (VAI).
Spicejet:
Shares of the carrier closed around 9% lower at Rs 60.25. The stock had a substantial gain the previous day after the company expressed interest in acquiring the bankrupt Go First.
RVNL:
Shares of the railway stock closed with a decrease of more than 6% at Rs 172.4, despite its joint venture firm emerging as the lowest L1 bidder for the redevelopment of Varkala Sivagiri Railway Station in Kerala.
