NEW DELHI: Breaking the shackles of the bears, the bulls on Dalal Street finally emerged triumphant on Tuesday, and thus snapped a five-day losing streak.
The S&P BSE Sensex ended 35 points higher at 34,651.24, supported by some solid buying in select bluechip counters from financials and auto segments.
The Nifty50 gained 20 points or 0.19 per cent, higher to 10,536, with 31 constituents ending in the green and 18 in the red.
Here's a look at the top movers & shakers of today's session:
Bajaj Finserv hits Rs 6K/share
Shares of the financial services company hit a record high of Rs 6,000 a share in intraday trade. The company last week posted a 36 per cent rise in consolidated net profit at Rs 1,113.83 crore for March quarter. The stock ended at Rs 5,990 apiece on BSE, up 4.79 per cent on BSE.
SBI reports biggest loss ever, but stock jumps
Countrys biggest lender by assets on Tuesday reported a net loss of Rs 7,718 crore in Q4FY18 against a net loss of Rs 3,442 crore reporter for the corresponding quarter last year. However, the stock jumped as much as 6.2 per cent in intraday trade as bad results were already factored in by the market. The stock ended 3.69 per cent higher at Rs 254.15 apiece. READ MORE
Spurt in open interest
Berger Paints witnessed the biggest spurt in open interest at 39.89 per cent, followed by State Bank of India (36.21 per cent) and Indraprastha Gas (23.21 per cent).
On a high!
Luggage maker VIP Industries surged as much as 10.83 per cent to Rs 410 on Tuesday after the company posted 83.3 per cent rise in consolidated March quarter profit at Rs 35.05 crore. The stock ended 6.67 per cent higher at Rs 395 apiece on BSE. READ MORE
@52-week lows
As many as 215 stocks hit 52-week lows. The list included Adani Power, Alok Industries, Ajanta Pharma and Apollo Hospitals Enterprise, among others. On the contrary, five stocks hit 52-week highs.
Mahanagar Gas hits 52-week low
Shares of Mahanagar Gas cracked almost 8 per cent in intraday trade to touch its 52-week low of 776.60 on BSE. The CNG retailer on Monday reported a 5 per cent rise in its March quarter net profit to Rs 104.76 crore, a little better than what it had earned during the same period of the previous fiscal. The stock settled at Rs 790 apiece, down 6.07 per cent.
Who moved my Sensex
SBI, Tata Motors and Infosys contributed the most to the index rise. Share of State Bank of India rose 3.69 per cent to Rs 254.15, Tata Motors jumped 3.78 per cent to Rs 307.75 and Infosys gained 0.93 per cent to Rs 1,193.55.
Tata Motors up 5%
Shares of the auto major jumped over 5 per cent after China announced it will cut the import duty on passenger cars to 15 per cent from 25 per cent. The stock settled at Rs 307.75 apiece, up nearly 4 per cent.
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