The Indian benchmark indices started the today’s trading session with a notable decline, despite a substantial drop in the second half of the previous session. However, they rebounded and entered positive territory. In contrast, the broader indices exhibited a significant upward trend, recovering strongly from the bloodbath observed in the last trading session.
At 11:00 am, the BSE Sensex added 0.09%, reaching a level of 70,582. The Nifty 50 index edged up by 0.04% to the 21,157 level. On the Sensex, Power Grid Corporation of India, HDFC Bank and Wipro were among the top gainers, whereas Axis Bank, Larsen & Toubro and IndusInd Bank were among the market draggers.
The trading volume witnessed a remarkable 24-fold increase as shares commenced trading significantly lower, reaching an intraday low of Rs 1,023.10 per share on the BSE. The Ami Organics Ltd stands out as a leading manufacturer in the field of specialty chemicals, focusing on research and development. It specializes in producing various Advanced Pharmaceutical Intermediates and Active Pharmaceutical Ingredients (APIs) for new chemical entities.
The Gujarat Themis Biosyn shares experienced a downturn influenced by subdued market sentiment and a lackluster performance in the healthcare and pharmaceutical sector. Trading at Rs 180 on the BSE, the shares recorded a marginal decline, accompanied by a 15-fold surge in trading volume. The company is engaged in the manufacturing and sale of finished Active Pharmaceutical Ingredients (APIs) through the fermentation process.
The shares registered a notable 12-fold increase in trading volume, while trading slightly higher at Rs 214 on the BSE. For over seven decades, Bajaj Consumer Care has stood as one of India’s oldest and most reliable fast-moving consumer goods (FMCG) companies, playing a significant role in the Indian experience. The company operates in the cosmetics, toiletries, and personal care products sector, maintaining a presence in both domestic and international markets.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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