12 C More / The Economic Times
The Nifty and Sensex ended their six-day winning run amid selling in IT, FMCG, and pharma stocks. Several counters saw sharp swings, including strong debuts by Groww and Physicswallah, a surge in GMR Airports, and declines in Paytm, Kaynes Technology, and TARIL.
Mahamaya Lifesciences debuts on BSE SME today with a flat grey market sentiment, indicating no listing premium over its issue price. The Rs 70.44 crore IPO saw modest subscription, with NIIs leading the interest. The company, a manufacturer of pesticide formulations and crop protection products, aims to utilize IPO proceeds for expansion and working capital.
10 stocks closing prices crossed above their 200 DMA (Daily Moving Averages) on November 17,
Six major stocks were in focus on Monday as benchmark indices extended their winning streak for the fifth consecutive session. Strong action was seen in financials and autos, while individual stocks such as Groww, Narayana Hrudayalaya, and IRB Infrastructure posted notable gains.