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Top 10 stocks that trended in the market on August 16
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Top 10 stocks that trended in the market on August 16
Aug 16, 2018 8:03 AM

Market ended weaker on Thursday, sapped out of energy by under-performance in bank, financial and metal stocks which in turn were affected by a sharp dip in the rupee's value against the dollar and sharp decline in commodities.

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NSE

The Sensex ended down 188.44 points or 0.50 percent at 37,663.56, while the Nifty closed lower by 50.10 points or 0.44 percent at 11385.00.

Here's a list of few stocks that trended among the most in the markets today:

Jet Airways: Shares of Jet Airways ended at Rs 300.45, rising by 6.05 percent or higher by Rs 17.15. Intraday, it ranged between Rs 303.40 and 289.10 on the BSE. The aviation company's stock spiked after reports of Blackstone Group LP to buy stake in company's loyalty programme Jet Privilege Private Ltd.

Gail: State-run gas utility’s shares rose as much as 5.16 percent to Rs 399.4, highest since March 20, 1997. The scrip settled at Rs 393.50, up by 3.61 percent on the NSE.

Bharti Airtel: The telco's stock surged 1.51 percent to settle at Rs 372.05 on the BSE. It touched an intraday high of Rs 373.85.

MMTC: Shares of MMTC Ltd were down 3.3 percent at Rs 32.2, their biggest percent loss since July 16 after the company reported a 45 percent fall in June quarter profit to Rs 9.94 crore. It closed at Rs 32.10, down by 3.6 percent on the NSE.

HDIL: Shares of Housing Development & Infrastructure Ltd (HDIL) rose 16 percent to hit their three-month high of Rs 30.10, after the company reported strong earnings for the quarter ended June. It ended 18.27 percent higher at Rs 30.75 on the BSE.

Dilip Buildcon: Shares of Dilip Buildcon Ltd rose as much as 4.8 percent to Rs 888, its highest in over a week, after the construction and engineering company's profit more than doubled to Rs 255 crore. It ended the day at Rs 852.35, rising nearly a percent on the BSE.

Zensar Technologies: Shares closed at Rs 1,423.10, rising by 13 percent or adding Rs 163.70 in value to the stock on the BSE.

Vedanta: Shares of Vedanta declined by 3.35 percent to Rs 207.90 on the BSE at 10:19 AM after global base metal prices fell sharply over rising concerns of slowdown in emerging markets, including China. At close, it was trading at Rs 208.55, or lower by 3.05 percent on the BSE.

Infosys: Shares of the IT firm touched life-time high of Rs 1,434.70 on the BSE today. The scrip ended at Rs 1,425.30, rising by 1.174 percent.

Patel Engineering: Share rallied as much as 14 percent on Thursday after reporting profit at Rs 36.2 crore for the quarter ended June 2018. It settled at Rs 52.30, nearly 12 percent higher on the BSE at close.

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