Reliance Industries, Vodafone Idea and more: Key stocks that moved most on Dec 3

SUMMARY

Indian equity benchmarks Sensex and Nifty50 were deep in the red on Friday. Losses in index heavyweights like Reliance Industries, HDFC Bank, Housing Development Finance Corp and Kotak Mahindra Bank, offset the gains in index majors like Larsen & Toubro and Infosys. The 30-scrip index ended 764.8 points or 1.3 percent lower at 57,696.5 and the broader Nifty50 benchmark settked at 17,196.7, down 205 points or 1.2 percent from its previous close.

By CNBCTV18.comDec 3, 2021 3:48:18 PM IST (Published)

Reliance Industries | The stock ended 2.81 percent lower. It was the worst hit on Nifty50.

L&T | Larsen and Toubro and Kemroc have entered into a distribution agreement that will facilitate Kemroc products to be distributed and promoted in the Indian market by L&T. This strategic partnership will enable L&T to expand its product offerings and provide comprehensive solutions to customers in the construction industry in India. This drove the scrip to close 0.60 percent higher.

Morepen Laboratories | The company’s shares ended 3 percent higher after Morepen Laboratories received the US drug regulator's nod for Fexofinadine (Allegra), used to relieve allergy symptoms.

KEC International | The company secured orders for transmission and distribution projects in India, the Middle East, Africa and the Americas, and an order for the construction of railway siding in the conventional segment in India. It also secured an order for infrastructure work in the water pipeline segment in India. The stock ended 0.28 percent lower.

Vodafone Idea | The stock ended 12.50 percent higher.