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Biocon, Infosys, PNB Housing Finance and more: Key stocks that moved the most on June 9

Biocon, Infosys, PNB Housing Finance and more: Key stocks that moved the most on June 9

Biocon, Infosys, PNB Housing Finance and more: Key stocks that moved the most on June 9
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By CNBCTV18.com Jun 9, 2022 6:07:58 PM IST (Published)

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SUMMARY

The market snapped its 4-day losing streak as Indian benchmark indices ended today's session on a positive note. Nifty50 and Sensex ended at 16478.10 and 55320.28, which were 234 and 813 points higher from their intra-day lows, respectively. 

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Biocon | Biocon shares rose on a positive brokerage report. The BofA maintained a 'buy' rating on the stock with a target price of Rs 415 apiece. The company's stock closed nearly 5.3 percent higher on the BSE.

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Dr Reddy's Laboratories Ltd | Nifty50's top gainer, shares of Dr Reddy's Laboratories Ltd closed 3 percent up on the NSE.

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Infosys | The company announced a strategic collaboration with TK Elevator on Thursday. Its shares closed nearly 1 percent percent up on the BSE.

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Metal stocks | The Nifty Metal index fell the most among sectoral indices in today's trading session, down 1.3 percent. The shares of Tata Steel, Vedanta, Jindal Stainless Limited, Hindustan Zinc, National Aluminium Copper Limited, NMDC, Hindustan Copper Limited, Jindal Steel fell 1 to 4.2 percent.

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PNB Housing Finance Ltd | The company recorded extended gains after the bank's approval of infusing Rs500 crore in the PNB Housing rights issue the previous day. Nifty500's top gainer, the shares of PNB Housing Finance Limited closed 15 percent higher.

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