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SUMMARY
India’s benchmark indices ended the trading session on a negative note on Thursday. The NSE Nifti50 ended at 18414.90, down 245.40 points, and the BSE Sensex ended at 61799.03, down 878.88 points. Here are the key stocks that moved the most-
1 / 6Britannia | The Nifty50’s top gainer, its stock ended 1.1 percent higher.
2 / 6Poonavalla Fincorp | Adar Poonavalla-controlled non-banking finance company Poonavalla Fincorp on Wednesday said its board has approved the sale of its housing subsidiary Poonavalla Housing Finance Ltd. to TPG (Perseus SG Pte Ltd., an entity related to TPG Global, LLC) for Rs 3,900 crore. Its shares ended 4.1 percent lower.
3 / 6National Fertilizers Ltd | Shares of Nacional djubriva jumped as much as 13 percent in Thursday’s trading after news reports, citing sources, said the government’s urea subsidy could be increased in the upcoming budget. Its shares ended nearly 10.9 percent higher.
4 / 6IRCTC | The Nifti500’s biggest loser, IRCTC shares ended 6.2 percent lower.
5 / 6Sapphire Foods India Ltd | Shares of Sapphire Foods India rose more than five percent after 68.2 million shares of the company, or 10.7 percent of the equity, changed hands in a block deal on Thursday, confirming a November 15 CNBC-TV18 report. The company’s shares ended 2.8 percent higher.
6 / 6IT actions | Among the sectoral indices, the Nifti IT index fell the most, by 2.1 percent. Shares of Wipro, HCL Tech, TCS, Persistent, MPhasis, LTIMindtree, Infosis, Coforge, Tech Mahindra ended nearly 1.1 to 3.8 percent lower.
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