Gainers & Losers: Paytm among 5 stocks that hogged limelight today
ETMarkets.com|
1/6
Newsmakers of D-Street
Notwithstanding the surge in the US dollar index to above 110 level, Sensex rallied over 440 points to end above the 59,200 mark on Monday. Among sectors, metals, capital goods, banks and telecom indices rose the most while oil and gas index led the losers. Here are five stocks that were in the news today:
iStock
2/6
M&M Financial Services
M&M Financial Services stock rallied 4% to hit record high today. The stock closed 3 per cent higher at Rs 215 later on. The NBFC announced that its August month disbursement grew 75 per cent YoY.
Agencies
3/6
Reliance Power
Reliance Power stock ended 10 per cent higher at Rs 23.30 after the company said it will raise debt upto Rs 1,200 crore.
iStock
4/6
Federal Bank
Federal Bank ended 3.5 per cent higher at Rs 123.55 amid reports that the private lender is in merger talks with Kotak Mahindra Bank. Later on, Federal Bank denied the report.
Agencies
5/6
Paytm
Shares of Paytm ended 2.6 per cent lower after the Directorate of Enforcement (ED) carried out search operations at 6 premises of the company in Bangalore under the provisions of the Prevention of Money Laundering Act, 2002 (PMLA).
ETtech
6/6
Vodafone Idea
Shares of telecom operator Vodafone Idea ended 3.5 per cent higher at Rs 9.28 in Monday’s trade after the company prepaid a short-term loan of about Rs 2,700 crore to SBI.
