Top 5 stocks of the day: Eicher Motors, M&M, UltraTech Cement, L&T, and Kotak Mahindra Bank are the top losers on the Nifty, while winners include Coal India, Adani Ports, Sun Pharma, Divis Labs, and Cipla. Pharma is up 2.5 percent among sectors; auto, real estate, capital goods, banks, and IT were down 1 percent apiece. The BSE Smallcap and Midcap indices had a flat finish.
Sensex and NSE Nifty50
The Nifty was down 76.10 points, or 0.35 percent, at 21,665.80 at the close, while the Sensex was down 379.46 points, or 0.53 percent, at 71,892.48. A little over 1691 shares rose, 1631 shares fell, and 72 shares remained unchanged. On January 2, benchmark indices saw a decline, with the Nifty closing at 21,650.
Top 5 stocks of the day
Name of companies | Change | Volume |
Divis Laboratories | 3.09 | 13,86,959 |
Adani Ports | 2.97 | 63,44,621 |
Sun Pharma | 2.77 | 31,74,447 |
Coal India | 2.61 | 2,83,63,847 |
Cipla | 2.55 | 25,89,484 |
Kaushalya Logistics IPO has been subscribed 73 times
On the third day of bidding, January 2, Kaushalya Logistics IPO was subscribed to 73 times, with investors selecting 26 crore shares against an offer size of 35.45 lakh shares. Retail investors purchased 120 times the amount set aside for them. Individuals with high net worth (non-institutional investors) purchased 91.89 times the allotted quota, while qualified institutional buyers purchased 2.82 times the allotted quota.
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