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PNC Infratech receives appointed date for two NHAI road projects
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Benchmark indices were trading with modest losses in afternoon trade. Rising coronavirus cases across US, Europe and China weighed on investors sentiment. At 13:20 IST, the barometer index, the S&P BSE Sensex, dropped 257.52 points or 0.52% at 49,326.64. The Nifty 50 index lost 80.45 points or 0.55% at 14,515.15.
Broader markets traded with minor losses. The S&P BSE Mid-Cap index fell 0.62%. The S&P BSE Small-Cap index skid 0.40%.
Sellers outpaced buyers. On the BSE, 1,096 shares rose and 1,749 shares fell. A total of 141 shares were unchanged. In Nifty 50 index, 17 stocks advanced while 33 stocks declined.
Foreign portfolio investors (FPIs) bought shares worth Rs 1,076.62 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 188.10 crore in the Indian equity market on 14 January 2021, provisional data showed.
Stocks in news: Airtel, SAIL, L&T Infotech, Bharat Dynamics, Strides Pharma, IRCON
Stocks to watch today on January 15: Airtel, SAIL, L&T Infotech, Bharat Dynamics, Strides Pharma, IRCON among others are the top stocks to watch out for in Friday s trading session
BusinessToday.In | January 15, 2021 | Updated 09:33 IST
Stocks to watch today: HCL Tech, PVR: HCL Tech, PVR, Shoppers Stop, L&T Finance Holdings, Hathway Cable and Aditya Birla Money are among the top companies that will be reporting their Q2 earnings
Stocks to watch today: Here is a list of top stocks that are likely to be in focus in Friday s trading session based on latest developments. Investors are also awaiting December quarter earnings that are scheduled to be released today. Companies set to announce their earnings are HCL Tech, PVR: HCL Tech, PVR, Shoppers Stop, L&T Finance Holdings, Hathway Cable and Aditya Birla Mone.
Shares of PNC Infratech were up 4 per cent at Rs 189 on the BSE on Friday, having surged 11 per cent from Wednesday s low of Rs 170.70, after institutional investors bought nearly 10 per cent stake in the road & highways company. The stock erased its entire 6 per cent loss recorded on Wednesday. On January 6, 2021, CN Infrabuild had sold its entire 9.95 per cent stake, or 25.5 million equity shares, of PNC Infratech worth over Rs 447 crore through an open market transaction. CN Infrabuild sold shares at an average price of Rs 175.12 per share via block deals on the BSE, the exchange data shows. Axis Mutual Fund, BNP Paribas Arbitrage, Nippon India Mutual Fund, Fidelity Asian Values PLC and Fidelity Funds bought a combined 11.13 million equity shares, data shows. The names of other buyers could not be ascertained immediately.
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