Stocks that moved the most on March 17 : Gainers & Losers

Benchmark stocks indices joined the Holi festivities, gaining 2 percent on March 17. At close, the Sensex was up 1,047.28 points, or 1.84%, at 57,863.93, and the Nifty was up 311.70 points, or 1.84%, at 17,287.

HDFC, JSWSTEEL, TITAN, SBILIFE and KOTAKBANK were among the top Nifty Gainers.

INFY, CIPLA, IOC, COALINDIA and HCLTECH were the Losers.

In the broader market, the BSE MidCap and SmallCap indices added 1 per cent each.

For the week, the benchmark Sensex and Nifty indices climbed over 4 per cent while the BSE MidCap and SmallCap indices zoomed 2 per cent each.

Sectorally, the Nifty Realty index advanced over 3 per cent today, ending as the top sectoral gainer for a second straight day. The Nifty Financial Services, Bank, and Metal indices edged between 2 and 2.5 per cent higher.

Stocks and sectors

On BSE, except IT, all sectoral indices ended in the green. Auto and bank indices rose 2 percent each and realty index was up 3 percent.

Broader indices underperformed the main indices, with BSE midcap & smallcap indices gaining over a percent each.

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A long build-up was seen in Trent, L&T Finance Holdings and Coromandel International, while a short build-up was seen in the ABB India, Atul and Apollo Hospitals Enterprises.

Among individual stocks, a volume spike of more than 200 percent was seen in Trent Sun TV Network and Titan Company.

More than 100 stocks touched their 52-week high on the BSE including Titan Company, NDTV and HDIL.

Global markets

European stocks were little changed on Thursday as investors reacted to the US Federal Reserve's first-rate hike in years. The pan-European Stoxx 600 hovered fractionally above the flatline by mid-morning, with oil and gas stocks adding 1.1 per cent while banks shed 1 per cent.

On Wall Street, US stocks futures were generally quiet early Thursday morning with futures tied to the Dow Jones Industrial Average dropping 65 points, or 0.2 per cent. Those for the S&P 500 and Nasdaq-100 shed up to 0.3 per cent.

In Asia, however, relief rally took Japan's Nikkei 3.5 per cent higher; South Korea's Kospi by 1.3 per cent; and Hong Kong;s Hang Seng by 7 per cent.

Here are the Gainers & Losers:

HCC: CMP: Rs 16.65: The stocks jumped over 11 percent after the company along with Om lnfra bagged a Rs 609-crore order. "HCC, in a consortium with Om lnfra, has been awarded the contract by the public health engineering department of Rajasthan for the construction of the Nokha Water Supply Project to provide household tap connection in Bikaner district," the company said in a release.

PTC India Financial Services: CMP: Rs 17.10: The stocks price added over 3 percent after the Andhra Pradesh High Court directed a power distribution company (discom) to clear all its dues. The court directed Danu Wind Parks Pvt Ltd to make payment of all pending and future bills at the rate mentioned in the power purchase agreements with arrears within a period of six weeks from the date of order, as per a statement from PTC India. The court order will benefit other wind and solar projects in Andhra Pradesh that PFS has funded and regular debt servicing is being done by the borrowers.

Indian Oil Corporation: CMP: Rs 121.35: The scrip ended in the red on March 17. The board of Indian Oil has accorded investment approval of Rs 7,282 crore for the development of the City Gas Distribution (CGD) network in nine geographical areas awarded to the company by PNGRB in the 11" Round of CGD bidding, the company said in a release.

Allcargo Logistics: CMP: Rs 326.20: The share price was up over 4 percent on March 17. The company's board declared an interim dividend of Rs 3 per share.

The interim dividend will be paid to all shareholders of the company on or after March 26, 2022, whose names are registered as shareholders of the company as on the record date—March 25, 2022.

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Voltas: CMP: Rs 1,298.80: The scrip added over 2 percent on March 17. The company will enter into a joint venture arrangement with Highly International (Hong Kong), a wholly-owned subsidiary of Shanghai Highly (Group) Company.

With this JV, the company will engage in the business of design, development, manufacture, marketing, sale and service of inverter compressors for room air-conditioners, motors for inverter compressors, and their associated parts including sourcing of raw materials and components required for manufacturing these products, Voltas said.