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    Here are key stocks that moved the most on January 8

    Here are key stocks that moved the most on January 8

    Here are key stocks that moved the most on January 8
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    By CNBCTV18.com  IST (Updated)

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    The Sensex surged 689.19 points or, 1.43 percent, to end at 48,782.51, while the Nifty closed at 14,347.25, up 209.90 points, or 1.48 percent.

    The Indian equity benchmark indices, Sensex and the Nifty rallied more than 1 percent to end at record high levels on Friday. The Sensex surged 689.19 points or, 1.43 percent, to end at 48,782.51, while the Nifty closed at 14,347.25, up 209.90 points, or 1.48 percent.
    The rally in the market was fuelled by robust buying in IT and auto stocks. Broader markets, the Nifty Midcap100 and the Nifty Smallcap100 participated in the rally and ended higher.
    Among sectoral indices, the Nifty IT, the Nifty Auto and the Nifty Media jumped 3 percent each. The Nifty Metal and the Nifty PSU Bank ended in the red.
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    Here are key stocks that moved the most today:
    Tata Consultancy Services: The stock price of the country's largest IT services exporter gained 2.89 percent to Rs 3,120.35 ahead of the December quarter earnings. TCS is expected to report strong revenue growth of more than 2.5 percent in constant currency quarter-on-quarter (QoQ) and over 3 percent growth QoQ in dollar revenue led by large deal wins in Q3 FY21.
    Mahindra & Mahindra: The shares of auto major gained 3.51 percent to Rs 770.50 after the company announced a price hike for its range of personal and commercial vehicles by around 1.9 percent with immediate effect. It will raise the prices by Rs 4,500-Rs 40,000, depending on the model and variant, M&M said in a regulatory filing.
    The Phoenix Mills: The shares of Phoenix Mills rallied 5 percent to close at Rs 790.80 after the company reported its business update for the quarter ending December 2020.
    The company said it saw a sustained recovery in the consumption at its malls since reopening. The consumption across the retail portfolio was at Rs 1,370 crore in Q3FY21, up 192 percent QoQ and at approximately 66 percent of Q3FY20. Consumption in December 2020 was steady at approximately Rs 500 crore, at the same level as November 2020 and at 70 percent of December 2019, the company said.
    Shalby Ltd: The shares of the company plunged more than 7 percent to end at Rs 121.35. The company reported a consolidated net profit of Rs 16.8 crore in Q3FY21 as against Rs 8.1 crore, YoY. Consolidated revenue was up 9.1 percent at Rs 131.7 crore against Rs 120.7 crore.
    Himatsingka Seide: The shares price gained 5.84 percent to Rs 156.85 after the company announced its new licensing agreement with The Walt Disney Company for the European region. The licence will give Himatsingka the rights to design, develop, manufacture and distribute a broad range of home textile products inspired by Disney's vast archives and characters from all its franchises including Disney, Marvel, Pixar and Lucas.
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