Gainers & Losers: PFC, REC among 5 stocks in action on Wednesday

Jul 3, 2024 Nishtha Awasthi, ETMarkets.com

Newsmakers of D-Street

Indian headline indices touched record highs on Wednesday, due to the rally shown by banks and financial stocks, especially HDFC Bank which surged on hopes of its weight going up in the MSCI index in the August review. The 30-stock S&P BSE Sensex touched a lifetime high of 80074.3 before ending the session at 79,986.80, up by 545.35 points or 0.69% while the broader Nifty scaled a peak of 24,309.15 before settling the day at 24,286.50, gaining by 162.65 points or 0.67%.Here are the stocks that witnessed maximum action today: Image Source: ETMarkets.com

Power Finance Companies

Shares of PFC and REC surged over 4% on BSE today after the global brokerage firm Bernstein initiated coverage on these companies. Image Source: ETMarkets.com

Federal Bank

Shares of Federal Bank surged 3.4% on BSE today, settling at Rs 181 after the company posted a YoY growth in multiple aspects of the business for Q1FY25. Image Source: ETMarkets.com

CDSL

Shares of CDSL tumbled nearly 3% to Rs 2,324.55 on NSE today, a day after the company’s board announced a 1:1 bonus issue. Image Source: ETMarkets.com

JK Paper

Shares of JK Paper tumbled 5.3% on BSE to close at Rs 600 amid profit booking after an 18% rally on Tuesday.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times) Image Source: ETMarkets.com

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