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Market Close: Nifty Flat, Key Stock Movements Today

Markets rallied to new highs on Wednesday’s first-half trading session and subsequently traded lower turning a flat closing level  with Sensex ending at 39,112.74 up by 66 points and the Nifty traded at 11796.80 up by 15 points.

Indiabulls Housing, YesBank, UPL, AdaniPorts and IndusInd bank were among top Nifty losers, while gainers were Tata Steel, Zeel Kotak Bank, NTPC and Titan.

Among the sectors, Nifty auto down 1.11%, Nifty IT down 0.24%, Nifty Metal down 1.60%, Nifty PSU Bank down 0.91%, whereas Bank Nifty up 0.04%, Fin Service up 0.34%, FMCG up 0.02%, Media up 0.36%, Metal up 0.40% and Nifty realty up 1.10%

Some key stock movements based on developments today are as follows:-

IRB Infrastructure stock tanks 10.78% after NHAI looka at new developer for Mumbai-Pune E-way.

Shares of Jain Irrigation extends fall near 10% at Rs.10.45 per after Rating-Downgrade

Shares of Can Fin Homes stock closed 1.37% higher at Rs.3348.50 after promoter gets approval to cut stake.

Shares of NMDC rise 2.56% on robust sales, production data.

Shares of Quick Heal technologies gained 4,41% at Rs160.95 per share after clarifying on promoter stake sale reports.

Shares of ndiGo down 2.86% at 1615.10 per share  as Morgan Stanley sees raises target price.