ETMarkets After Hours: Over 100 stocks@52-wk high, private banks lag
Subex emerged as the most active stock in terms of traded volume on NSE on Wednesday.
Here’s a look at the stocks and sectors that hogged limelight on Wednesday:
Ground Real(i)ty: Shares of Godrej Properties surged over 7 on Wednesday after the real estate company informed the bourses that it has sold over 1,000 apartments at three new projects – Godrej Origins at The Trees in Mumbai, The Suites at Godrej Golf Links in Greater Noida and Godrej 24 at Hinjawadi, Pune since March 2017. The scrip closed 7.27 per cent up at Rs 541.80.
Stock that kept buzzing: Shares of SH Kelkar plunged 5.86 per cent on Wednesday after reports that private equity giant Blackstone sold a 6.9 per cent stake in the company via a block deal.
@fresh 52-week high: As many as 125 stocks hit their fresh 52-week high on NSE on Wednesday. The list included Andhra Bank, Arvind, Bank of Baroda, Bank of India, CESC, Dewan Housing Finance Corporation, Escorts, Gail (India), Fortis Healthcare, Godrej Properties and Indiabulls Housing Finance.
Private banks lagged: Private lenders underperformed public sector banks on bourses as NSE Private Bank index closed 0.36 per cent down at 12262, while NSE PSU Bank index settled 1.01 per cent higher at 9,981.
Spurt in OI: Stock futures of Raymond saw the biggest jump in open interest (OI) at 152.62 per cent. It was followed by Balrampur Chini (up 98.16 per cent), GSFC (up 63.85 per cent), MCX (up 58.90 per cent) and PTC (up 34.82 per cent).
Most active securities: Subex emerged as the most active stock in terms of traded volume on NSE on Wednesday. It was followed by IDFC Bank, Federal Bank, ICICI Bank and South Indian Bank.