Porinju Veliyath raised his stakes by 0.58% in Bajaj Consumers Care:
Porinju Veliyath: On Friday, June 19th, The Equity Intelligence owned by Porinju Veliyath increased its stakes by 0.58% in Bajaj Consumers Care via open market in the stock market on NSE. The company acquired almost 8,63,993 equity shares of Rs. 146.68 per each share through the open market.
After this deal, the Bajaj Consumers Care shares plunged almost 3% in the stock market on Friday, June 19th. The company lost 2.20 points with a 1.44% decrease and reached 150.10 INR. While in BSE, the company also gained 3.70 points with a 2.43% decrease and reached 148.65 INR.
On the other side, the Indiabulls Housing Finance witnessed a lot of bulk deals in the open market. The foreign portfolio investors (FPIs) increased its stakes by 2% in the company. On Friday, June 19th itself the company reported a 31% rise in the stock market.
Besides, Morgan Stanley Asia acquired almost 1.05% to 45,22,602 equity shares in Indiabulls Housing Finance for Rs. 184.76 per each share. The iShares company, which is a UK-based BlackRock Advisors increased its stakes by 1.66% to via two exchange-traded funds.
Whereas, iShares Emerging Markets Dividend UCITS ETF raised almost 25,69,494 equity shares. While iShares Emerging Markets Dividend ETF acquired almost 45,58,746 equity shares for Rs. 189.51 per each share. On the other side, the Integrated Core Strategies sold 21,69,410 equity shares for Rs. 202.12 per each share.
However, the Indiabulls Housing Finance reported a bullish trend in the stock market. It gained 47.25 points with a 30.45% increase and reached 202.40 INR. While in BSE, the company gained 204.15 points with a 31.75% increase and reached 204.15 INR.
Besides, the shares of the Just Dial Limited plunged almost 2.07% in the stock market on Friday. The main reason for this is due to iShares IV Public and iShares Digitalisation UCITS ETF sold 1,45,84,208 equity shares for Rs. 361.01 per each share.
On the other side, iShares subsidiary company Emerging Markets Dividend ETF sold almost 1,45,84,208 equity shares in NALCO for Rs. 30.75 per each share. NALCO Limited on Friday reported a bullish trend in the stock market. It gained 0.50 points with a 1.64% increase and reached 30.90 INR. While in BSE, the company gained 0.30 points with a 0.99% increase and reached 30.70 INR.
Stock Market June 19th:
On Friday, both Sensex and Nifty continues its bullish trend in the stock market. The Sensex is trading above 34,700 levels, and Nifty is trading above 10,200 levels in the stock market. The Sensex gained 523.68 points with a 1.53% increase and reached a 34,731.73 level. While Nifty 152.75 points with a 1.51% increase and reached 10,244.40 level.
Whereas the number of coronavirus cases in India reached 3,95,048 as of Saturday, June 20, and deaths reached 12,948.
In the border market, the S&P BSE SmallCap reported a bullish trend in the stock market on Friday. It gained 166.39 points with a 1.37% increase and reached 12,277.11 level. The S&P BSE Midcap gained 130.80 points with a 1.03% increase and reached a 12,803.84 level. While Nifty Bank gained 381.80 points with a 1.82% increase and reached 21,338.10 level.
Top Gainers on June 19: Bajaj Finserv, Bajaj Finance, Reliance, Tata Motors, and Bharti Infratel are the top gainers in today’s stock market.
Top Losers on June 19: Indusind Bank, M&M, Vedanta, HCL Tech, and ITC are the top losers in today’s stock market.