Biggest gainers & losers of the day: Radico Khaitan, Nalco shine; HCL Tech, Tata Metaliks see selling

The 30-share pack Sensex rose 148.53 points or 0.25 per cent to close at 60,284.31. The index gyrated in a range of 450 points. Its broader peer NSE Nifty advanced 46 points or 0.26 per cent to 17,991.95.

“The day witnessed hectic activity in PSU banking space with stocks from two-wheelers and consumer durables seeing good demand in line with the festive mood. While we did see a continuation of profit booking in IT names, small and midcap space was buzzing with accumulation across sectors,” said S Ranganathan, Head of Research at LKP securities.

Here are top gainers and losers from the day:


GAINERS:
Radico Khaitan: Shares of the brewer were among the biggest gainers of the day, rising nearly 15 per cent after the company launched two new products in the market: Magic Moments Dazzle Vodka and Royal Ranthambore Heritage Collection Royal Crafted Whisky.


Tata Motors: The stock extended its gains to the fourth day after Morgan Stanley said it sees a domestic growth story at the company. The counter ended up over a per cent. It has rallied more than 25 per cent in the last four sessions.


Nalco: Shares of National Aluminum Company were in great demand after its latest shareholding data showed Rakesh Jhunjhunwala had bought 2.5 crore shares in the company during the quarter. It ended up over 5 per cent.


Jubilant Food: The company that runs Domino’s Pizza in India gained over 5 per cent in the hopes that rapid vaccination will bring customers to its store. Investors are looking forward to a bumper December quarter for not only online deliveries but footfalls as well.

Future Retail: Shares of the retailer climbed higher after reports said its deal with Reliance may finally see some progress as Amazon is ready to settle its case out of court. The counter advanced over 10 per cent.

LOSERS:
Tata Metaliks: Shares of the company were under selling pressure as it reported disappointing September quarter numbers. The company said its profits stood at Rs 55 crore against Rs 82 crore in the same quarter last year. The counter fell over 6 per cent.

HCL Tech, Tata Elxsi: Shares of HCL Tech fell over 4 per cent after investors adjusted their expectations for the September quarter. Similarly, Tata Elxsi was down nearly 3 per cent. Whole IT block has seen selling after TCS numbers were below the Street estimates.


Chambal Fertilisers: Shares of the company dropped nearly 5 per cent amid sharp volatility in natural gas prices, which it uses as a raw material. In an exchange notification, it clarified that there was no pending information to be notified.


Coal India: After rallying in the previous session, the counter saw profit booking. It fell nearly 2 per cent on Tuesday. Coal prices have been on a rise and Coal India has benefitted from that. Moreover, amid a power crunch, electric plants have scrambled for more coal.