Indian benchmark indices settled about a percent higher on Wednesday. Nifty50 ended 1 percent higher at 17,498.25 and Sensex closed at 58,683.99, up 1.28 percent. Here are key stocks that moved the most in today's trading session:
Bajaj Finserv and Bajaj Finance | Shares of Bajaj Finserv ended 3.52 percent higher and was the top gainer on Nifty50. Bajaj Finance shares settled at Rs 7224.75, 2.67 percent higher.
Tata Consumer Products and Tata Coffee | Tata Consumer Products Ltd (TCPL) announced the merger of all businesses of Tata Coffee Ltd with itself as part of a reorganisation plan in line with its strategic priority of unlocking synergies and efficiencies. With this, shares of TCPL ended up 2.81 percent at Rs 764.10 and Tata Coffee gained 8.87 percent at Rs 213.65.
Raymond | Shares of the company closed 10.64 percent higher and were the best performers on Nifty500.
Maruti Suzuki India and Tata Motors | Shares of the former closed 2.2 percent higher and the latter ended 0.28 percent higher. This was after the government made six bags mandatory for economic models as well.