​Gainers and Losers: HDFC AMC, TaMo among 5 stocks hogging limelight on Tuesday

Shivendra Kumar, ETMarkets.com

Jun 20, 2023

Newsmakers Of D-Street

Indian frontline indices S&P BSE Sensex and Nifty50 ended Tuesday with last-minute gains. While the Sensex closed at 63,327.70, up 159 points or 0.25%, the broader Nifty50 settled at 18,818, higher by 61.25 points or 0.33%. Nifty Bank finished at 43,766.50, up by 132.75 points or 0.30%.Here are the stocks that saw traction today:

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HDFC AMC

​Shares of HDFC Asset Management Company on Tuesday ended at Rs 2,114 on the NSE and were up by Rs 221.55 or 11.71% from Monday’s closing price. This was after promoter Abrdn Investment Management sold its entire 10.2% stake in the company.

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Bajaj Finance

​Shares of the company were among the top losers on the Nifty50 amid selling pressure in the financial stocks. The stock finished at Rs 7,253 on the NSE — down by Rs 133.20 or 1.80%.

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Tata Motors

​Shares of Tata Motors hit their 52-week high and were among the top gainers in the Nifty50 pack. The stocks gained on buying action in auto stocks. Tata Motors shares settled at Rs 583.40 on the NSE, higher by Rs 17.35 or 3.07%.

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IIFL Securities

Shares of IIFL Securities tanked 18.5% intraday before settling at Rs 59.40 on the NSE, down by Rs 11.80 or 16.57%. Stock fell as SEBI barred the brokerage firm from onboarding any new client for two years for alleged regulatory violations.

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Amber Enterprises

​Amber Enterprises shares jumped 13% intraday before settling at Rs 2,273.80, up by Rs 166.50 or 7.90%. It was after Union road transport minister Nitin Gadkari said it will be mandatory for truck manufacturers to install air conditioners in driver compartments.​(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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