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Tuesday, June 15, 2021

Stock market update: MidCap stocks down; Aditya Birla Fashion & Retail dips 5%

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NEW DELHI: MidCap stocks were trading lower at 02:43PM (IST) on Wednesday.

Shares of Biocon (up 3.71 per cent), Amara Raja Batteries (up 2.51 per cent), Emami (up 2.25 per cent), Page Industries (up 1.86 per cent) and Max Financial Serv (up 1.78 per cent) were among the top gainers.

While Aditya Birla Fashion & Retail (down 5.48 per cent), Cholamandalam Financial (down 5.39 per cent), Edelweiss Financial Services (down 4.97 per cent), Future Retail (down 4.97 per cent) and Central Bank of India (down 3.85 per cent) were the top losers in the index.

The S&P BSE MidCap index was trading 0.55 per cent down at 14402.71 around 02:43PM.

Benchmark NSE Nifty50 index was down 54.15 points at 11263.2, while the BSE Sensex was down 208.94 points at 38156.41.

Among the 50 stocks in the Nifty index, 22 were trading in the green, while 28 were in the red.

Shares of Vodafone Idea, YES Bank, SAIL, IDFC First Bank Ltd. and Alok Industries were among the most traded shares on the NSE.

Shares of Adani Green Energy Ltd. and Infibeam Avenues Ltd. hit their fresh 52 week high in today’s trade, while Mauria Udyog Ltd., Darjeeling Ropeway Company Ltd., Panth Infinity Ltd., Innovative Ideals and Services (India) Ltd., Jinaams Dress Ltd., Mahip Industries Ltd., Saffron Industries Ltd., Colorchips New Media Ltd., Leading Leasing Finance and Investment Company Ltd. and Libord Finance Ltd. hit fresh 52 week low in trade.

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Buy Reliance Industries, target price Rs 2375: ICICI Securities

Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1518016.83 Crore) operating in Diversified...

Buy State Bank of India, target price Rs 455: Yes Securities

State Bank of India, incorporated in the year 1955, is a banking company (having a market cap of Rs 384070.66 Crore).

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