It will initiate bankruptcy proceedings against the company. Srei Infrastructure Finance: Shares of the NBFC hit lower circuit limit of 5 per cent to close at Rs 8.17 after RBI has superseded the company's board due to governance concerns and defaults. The government last week raised the price of natural gas by 62 per cent to $2.9 per unit and it is the biggest beneficiary of the move. Oil and Natural Gas Corporation: The bluechip company settled 11 per cent higher at Rs 163.70. Patel Engineering: The construction and engineering has been on a roll since it has bagged an order worth Rs 1,251 crore Lot II Civil Work contract for 500 MW Teesta-VI Hydro Electric Project from a wholly owned Subsidiary of NHPC. The scrip soared 20 per cent, its upper circuit limit, to Rs 343.65. GM Breweries: The alcohol maker hit the upper circuit of 20 per cent to Rs 746.25 ahead of its board meeting scheduled for October 12 to consider and approve the financial results for the September quarter.Īrvind Fashions: The apparel player has been in focus of investors and scaled new 52-week high ever since the change in shareholding pattern of the company. Shree Pushkar Chemicals & Fertilisers and Bodal Chemicals also soared 10-12 per cent. IG Petrochemical and DCW hit upper circuit of 20 per cent each to Rs 925.25 and Rs 63.60, respectively. Let's have a look at the biggest movers and shakers of Tuesday's session:Ĭhemical Stocks: Chemicals stocks were high in demand thanks to a sharp rise in prices at international level. Srei Infra hit lower circuit while Tejas Networks plunged following an offer from the Tata Group. ONGC zoomed 11 per cent thanks to the gas price hikw. BSE midcap and smallcap indices also settled in the green.Ĭhemical and fertilisers stocks stole the spotlight during the session, followed by power players. Its broader peer Nifty50 added 131.05 points or 0.74 per cent to 17,822.30. The 30-share Sensex soared 445.56 points or 0.75 per cent to close at 59,744.88. Oil & gas and IT players saw strong demand, whereas pharma, realty and metal stocks came under pressure. New Delhi: The domestic equity market on Tuesday bucked initial weakness triggered by weaker global cues and extended its winning streak to second straight session.

Circuit maker app