The Indian equity benchmark indices ended lower Wednesday dragged by selling across the board. The Sensex fell 282.63 points, or 0.54 percent, to 52,306.08, while the Nifty ended 85.80 points, or 0.54 percent, lower at 15,686.95.
Broader markets, midcap and smallcap indices also declined for the day. Barring Nifty Auto, all other sectoral indices closed in the red with metal, IT, private bank and pharma indices falling the most.
Here are key stocks that moved the most in today's trading session:
Shares of United Breweries Ltd (UBL) ended 3.66 percent lower at Rs 1,403.40 apiece after Heineken International, the Dutch multinational brewing company acquired an additional 14.99 percent stake in UBLvia a block deal after the former sought exemption from the markets regulator to buy an additional stake in the Bangalore-based company.
Adani Ports and Special Economic Zones' stock price fell more than 3 percent after Norway's largest pension fund, KLP, decided to divest from its Myanmar project.
The share price of IDBI Bank gained 6 percent intraday after the government kick-started the process of selling its stake in the bank by issuing Request for Proposals (RFP) to hire transaction and legal advisors for the sale. The stock price ended 2.07 percent higher.
Shares of Godrej Agrovet closed over 9 percent higher share price after promoter Godrej Industries increased its stake in the company. Promoter Group, Godrej Industries, bought nearly 10 lakh shares of the company via open market purchases.
Bharat Electronics share price rallied over 11 percent to end at Rs 168.35 apiece, a day after the company declared its March quarter results. The company's Q4FY21 net profit rose 30.73 percent YoY to Rs 1,352.38 crore, while sales rose 18 percent YoY to Rs 6757.05 crore.