Stock Market Highlights, June 20: Mid, SmallCap indices outshine benchmarks; metal, pvt banks gain

Stock market Highlights on Thursday, June 20, 2024: Among sectors, the Nifty Metal index edged 1,8 per cent higher, the Nifty Realty 2 per cent, and the Nifty Private Bank 1.16 per cent

SI Reporter New Delhi

Stock Market LIVE updates: Indices listless; ixigo shares drop 7% after surging 99% in 2 days

11:33 AM

Specialty chemicals shares rally up to 9%; BASF, Bhansali hit 52-wk highs

Shares of specialty chemical companies were in demand on Thursday as they rallied up to 9 per cent on the BSE in the intraday trade, in an otherwise subdued market, on expectations of margin improvement.

BASF India, Bhansali Engineering Polymers, Rossari Biotech, Chemcon Speciality Chemicals, Clean Science and Technology, Alkyl Amines Chemicals, Balaji Amines and Gujarat Fluorochemicals rallied between 4 per cent and 9 per cent in the intraday trade. Read more

11:19 AM

BSE Bankex hits all time high at 59,109

11:06 AM

Gokaldas Exports surges 5% on strategic tie-up with BRFL Textiles

Gokaldas Exports BRFL Textiles news: Shares of Gokaldas Exports surged 5 per cent to Rs 873 on the National Stock Exchange (NSE) in Thursday's intraday trade, in an otherwise subdued market, after the company announced its strategic tie-up with BRFL Textiles Private Limited (BTPL), one of the largest single-location fabric processing companies in India. Read more

powerloom sector, textiles industry, work, workers, labourers

10:55 AM

Nippon-US Steel deal may hike decarbonisation costs, say shareholders

Nippon Steel's proposed acquisition of US Steel risks raising decarbonisation costs for Japan's top steelmaker, an activist shareholder group said, urging the company to address the takeover's impact on its climate goals.

Nippon Steel, the world's fourth biggest steelmaker, last year announced a $15 billion takeover offer for US Steel, which backed the bid, but has faced resistance from a powerful labour union and the White House. Read more

10:43 AM

Block deal: PNB Housing Fin falls 5% as 13.6 mn shares change hands on NSE

Shares of PNB Housing Finance slipped by 4.8 per cent at Rs 800 a piece on the BSE in Thursday’s intraday trade. The stock price dipped after the company’s equity reportedly changed hands via block deals.

According to reports, over 1.36 crore shares, equivalent to 5.24 per cent equity worth Rs 1,095.14 crores changed hands via a NSE Block trade on Thursday. The shares were sold at Rs 803.35 per scrip. Read more

10:27 AM

Wanbury surges 5% after USFDA issues Zero observations for Patalganga site

Wanbury shares soar:Shares of pharmaceutical company Wanbury rose as much as 4.95 per cent to hit an intraday high of Rs 168.30 per share, on Thursday, June 20, 2024.

At 9:55 AM, the shares were off highs, trading 2.25 per cent higher at Rs 163.95 per share. In comparison, BSE Sensex was trading 0.16 per cent lower at 77,211.40 levels. Read more

10:15 AM

EnNutrica IPO begins bidding today: Check GMP, price band, lot size

The milk products manufacturer EnNutrica’s initial public offering (IPO) opens for subscription today, June 20, 2024. The primary issue aims to raise Rs 34.83 crores comprising entirely a fresh issue of 6.45 million shares.

EnNutrica secured Rs 9.90 crore from anchor investors on June 19. The anchor investor list includes Next Orbit Ventures Fund, Nova Global Opportunities Fund, Nav Capital, Beacon Stone Capital and Zinnia Global Fund. Read more

10:00 AM

Blue Dart inks pact with Skye Air for drone delivery service; stock up 3%

Blue Dart stock rises:Shares of Blue Dart rose as much as 2.56 per cent to hit an intraday high of Rs 8,049.95 per share on Thursday, June 20, 2024.

However, the stock was off highs and trading 0.51 per cent higher at Rs 7,888, at 9:37 AM. In comparison, BSE Sensex was trading 0.08 per cent higher at 77,279.52 levels. Read more