• Hindi
  • Heritage Edge
  • Sports Edge
  • Wildlife Edge
SHARP. BITTER. NEUTRAL.
No Result
View All Result
  • Login
The Edge Media
Thursday, October 23, 2025
  • Home
  • National Edge
  • State Edge
  • Political Edge
  • World Edge
  • Entertainment Edge
  • Business Edge
  • Sports Edge
  • Home
  • National Edge
  • State Edge
  • Political Edge
  • World Edge
  • Entertainment Edge
  • Business Edge
  • Sports Edge
No Result
View All Result
The Edge Media
No Result
View All Result
Home Stock Exchange

After Market: Yes Bank tanks, DHFL rallies, 226 stocks hit lower circuits

The Edge Media by The Edge Media
6 years ago
in Stock Exchange
Reading Time: 4 mins read
0
Share on FacebookShare on TwitterShare on LinkedInShare via TelegramSend To WhatsApp

NEW DELHI: Lack of directional cues at home and weak global sentiment dragged equity benchmarks Sensex and Nifty into the negative zone on Wednesday, causing them to break their winning streak of last three sessions.

After bleak auto sales numbers for May, investors also awaited industrial output and inflation data due later in the day to get directional cues.

Sensex ended 194 points, or 0.48 per cent, down at Rs 39,756, with 23 declining while its NSE counterpart Nifty closed 59 points or 0.50 per cent down at 11,906, with only 14 stocks moving up, 35 stocks ending down.

Here is a lowdown on the top highlights of the session:

YES Bank top Sensex loser
YES Bank finished as top loser in the Sensex pack, declining 3.34 per cent to Rs 134.65, a day after the rating agency Moody’s placed its ratings under review for a downgrade. Besides two independent directors of the bank have resigned this week. Former interim CEO Ajai Kumar quit on Monday while Mukesh Sabharwal, chairman of the nomination and remuneration committee of the bank, quit on Tuesday.

Tata Steel top Sensex gainer
Tata Steel closed the day as top gainer in the Sensex pack, rising 2.60 per cent to Rs 505.60 a day after the European Union’s (EU) anti-trust authority blocked its merger with German industrial conglomerate Thyssenkrupp. The development had little impact on the stock, as the collapse of the deal was had already been communicated by the companies.

Indiabulls Housing extends losses
Shares of Indiabulls Housing Finance closed 7.93 per cent down at Rs 621.15, extending losses into the second consecutive session. In last two sessions, the stock has come off 15 per cent. The company said it moved in the Supreme Court on Wednesday for an urgent hearing on a plea filed against it in which the company has been accused of siphoned off Rs 98,000 crore public money.

DHFL shares extend gains
Shares of Dewan Housing Finance Corporation (DHFL) logged gains for the third consecutive day, closing 3.78 per cent higher at Rs 93.35 and extending the three-session gains to 12 per cent. Shares of the company have been rising after the NBFC made some payments towards its debt obligations.

Sintex Industries defaults
Sintex Industries said that it had defaulted in payment of interest and principal amount on non-convertible debentures (NCDs) on June 11, 2019. Shares of the company closed flat at Rs 4.73.

Realty top sectoral loser
Most realty stocks suffered losses, making the index top sectoral loser on BSE. The index closed 1.94 per cent down at 2,124.76 with Indiabulls Realty (down 5.64 per cent), DLF (down 3.58 per cent) and Prestige Estates Projects (down 2.17 per cent) being the top losers. Seven out of 10 index stocks closed in the red.

180 stocks touch 52-week lows
As many as 180 stocks, including Central Bank of India, Reliance Communications NSE -2.86 %, Reliance Capital, HDIL, Indiabulls Integrated Services, Jet AirwaysNSE -1.82 % and Manpasand Beverages touched their 52-week lows on BSE.

226 stocks hit lower circuits
Indiabulls Integrated Services, Manpasand Beverages, SORIL Infra Resources, Eros International NSE -9.89 % Media and Palred Technologies were among the 226 stocks that hit their lower circuits on BSE. On the other hand, Narayani Steels, GPT Infraprojects, Kesar Enterprises and Uniply Industries were among the 120 stocks that hit their upper circuits.

Bearish signal on 143 counters
Momentum indicator moving average convergence divergence, or MACD, showed bearish crossovers on 143 counters on BSE, signalling that these stocks may fall in coming sessions. Among those stocks were, HDFC, DLF, Biocon, Bajaj Finance, Indian Bank NSE -0.89 %, Phillips Carbon and Shriram Transport Finance. On the other hand, SAIL, Parag Milk Foods, HathwayNSE -0.81 % Cable, Emami and Winsome Textile were among the 49 stocks that showed bullish crossovers.

Previous Post

Dash for growth at Baba Ramdev’s Patanjali leads to stumbles

Next Post

Woman asks mercy for ex-husband who killed their five children, says kids loved him

Related News

GST Reforms Spark Record Festive Sales, 10X Rise in Digital Payments

GST Reforms Spark Record Festive Sales, 10X Rise in Digital Payments

by The Edge Media
October 19, 2025
0

New Delhi | India’s latest GST reforms, implemented on September 22, have significantly impacted consumer spending, with festive sales soaring...

Pakistan Slams ICC for “Biased” Statement on Afghan Cricketers’ Deaths

Pakistan Slams ICC for “Biased” Statement on Afghan Cricketers’ Deaths

by The Edge Media
October 19, 2025
0

Pakistan's Federal Minister for Information, Ata Tarar, has strongly criticized the International Cricket Council (ICC) for its statement regarding the...

Mitchell Marsh Hopes Kohli and Rohit Don’t Dominate Too Much in Australia ODIs

Mitchell Marsh Hopes Kohli and Rohit Don’t Dominate Too Much in Australia ODIs

by The Edge Media
October 18, 2025
0

Australia | As India gears up for their three-match ODI series against Australia starting October 19, host skipper Mitchell Marsh...

Young Man Dies in Agony at Park in Faridabad, Injury Marks Found on Body

Young Man Dies in Agony at Park in Faridabad, Injury Marks Found on Body

by The Edge Media
October 18, 2025
0

Faridabad | A young man tragically died in pain early Friday morning in a public park located in Sihi village, Faridabad....

Illegal Firecracker Factory Busted in Palwal, Explosives and Huge Stock Seized

Illegal Firecracker Factory Busted in Palwal, Explosives and Huge Stock Seized

by The Edge Media
October 18, 2025
0

Palwal | An illegal firecracker manufacturing unit was uncovered by the police in Manpur village under the jurisdiction of the Mundakati...

Indian Army Medic Saves Choking Infant on Train with Life-Saving CPR

Indian Army Medic Saves Choking Infant on Train with Life-Saving CPR

by The Edge Media
October 18, 2025
0

An Indian Army ambulance assistant, Sepoy Sunil, performed a heroic act aboard the New Delhi-Dibrugarh Rajdhani Express by reviving an...

Discussion about this post

Recommended

Arvind Kejriwal says, “If pizza , burger can be delivered home, why not ration”

Arvind Kejriwal urges PM Modi once again

4 years ago
The Situation in Afghanistan is Serious, and the Government Has Made Evacuating Indian Personnel a Major Priority at an All-Party Meeting

The Situation in Afghanistan is Serious, and the Government Has Made Evacuating Indian Personnel a Major Priority at an All-Party Meeting

4 years ago

Popular News

  • GST Reforms Spark Record Festive Sales, 10X Rise in Digital Payments

    GST Reforms Spark Record Festive Sales, 10X Rise in Digital Payments

    0 shares
    Share 0 Tweet 0
  • Pakistan Slams ICC for “Biased” Statement on Afghan Cricketers’ Deaths

    0 shares
    Share 0 Tweet 0
  • Mitchell Marsh Hopes Kohli and Rohit Don’t Dominate Too Much in Australia ODIs

    0 shares
    Share 0 Tweet 0
  • Young Man Dies in Agony at Park in Faridabad, Injury Marks Found on Body

    0 shares
    Share 0 Tweet 0
  • Illegal Firecracker Factory Busted in Palwal, Explosives and Huge Stock Seized

    0 shares
    Share 0 Tweet 0
  • Hindi
  • Heritage Edge
  • Sports Edge
  • Wildlife Edge
SHARP. BITTER. NEUTRAL.

© 2024 The Edge Media All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • National Edge
  • State Edge
  • Political Edge
  • World Edge
  • Entertainment Edge
  • Business Edge
  • Sports Edge

© 2024 The Edge Media All Rights Reserved.