Biggest gainers & losers of the day: Neogen rallied 15%, Vodafone zooms 13%

New Delhi: After gaining for the past few sessions, domestic equity markets were back in the red on Friday. Banks, FMCG and IT stocks weighed the most on the market ahead of the RBI meeting next week.

The 30-share pack Sensex soared 764.83 points or 1.31 per cent to close at 57,696.46. Its broader peer Nifty50 gained 204.95 points or 1.19 per cent to 17,196.70. The broader markets outperformed as the BSE midcap index ended flat and the BSE smallcap index ended with decent gains.

Vishal Wagh, Research Head, Bonanza Portfolio said that Indian bourses continued their lackluster trade. "However, the downfall remains capped as the Indian economy is showing solid signs of recovery and November data shows a pickup."


Among the gainers, Ramco System hit the upper circuit, followed by a strong buying in Neogen Chemicals and Vodafone Idea. Unichem Labs was in demand after drug approval from USFDA, whereas Monte Carlo witnessed profit booking.

GAINERS

Ramco Systems: The smallcap IT player hit an upper circuit of 20 per cent to Rs 470.30 on the back of a strong technical setup on daily charts. The daily traded volumes jumped manifold compared to the two-week average.

Neogen Chemicals: The speciality chemical player zoomed 15 per cent to Rs 1,736 after the company participated in the KIE's India Chemicals Forum, where it discussed the earnings for the second quarter and the first half of the ongoing fiscal year.

Vodafone Idea: The telecom major advanced 13 per cent to Rs 14.43 amidst the reports that the Department of Telecom (DoT) has started releasing bank guarantees issued by the company.

NXTDigital: The media vertical of the Hinduja Group continued to move higher as the company's rights issue was subscribed about 194 per cent. The scrip ended at Rs 485.80, 13 per cent higher.

Unichem Laboratories: The Pharmaceutical player soared 13 per cent to Rs 251.15 it received ANDA approval for its Aripiprazole Tablets USP, 2 mg, 5 mg, 10 mg, 15 mg, 20 mg, and 30 mg from the USFDA to market a generic version of Abilify Tablets.

JBM Auto: The auto parts maker gained 11 per cent to Rs 1,038 ahead of its board meeting scheduled on Wednesday, December 8, where it may approve the sub-division of equity shares.

LOSERS

Monte Carlo Fashions: The smallcap apparel player tanked over 6 per cent to Rs 571.45 as the investors booked profits in the company amidst the weakness in the market. The counter has gained over 45 per cent in the last month.

PG Electroplast: The smallcap consumer electronics player shed 6 per cent to Rs 610.70 following its participation in an investor conference hosted by Investec Capital Services (India).

Timken India: The leading industrial machinery player dropped more than 5 per cent to Rs 2,016.70 on the back of a weak technical setup on daily charts. The daily traded volumes jumped manifold compared to the two-week average.

Trident: The textile player continued to bleed and hit lower circuits for the fifth straight session. It has lost about one-fourth of its value in the current week from its recent height of Rs 59.90. The scrip settled at Rs 44.65, 5 per cent lower.