After Bell Market Wrap-up: 28th June 2021

28 Jun 2021  Read 4770 Views

Hey, fellow stock market maniacs. A busy day at the office/home? Missed the market chimes? Worry not, Finology presents you with all things important from the markets today. Hop in.

Today’s market opened on a very good note, with Nifty at an all-time high of 15,916, Sensex up by 140 points at around 53,126. In the initial hours of trading, the rupee fell by six paise to Rs. 74.26 against the US dollar.

Significant updates for the day

  • The Finance Minister held a press conference to announce 8 COVID-19 relief schemes, including four new ones.

  • PharmEasy acquires a 66.1% stake in Thyrocare.

  • Dodla Dairy lists on NSE at a premium of 28.5% at Rs.550.

  • KIMS lists at over 22% premium at a price of Rs.1,009.

  • Skanray Technologies begins documentation for an IPO worth Rs.400 crore.

  • Piramal Enterprises to issue NCDs worth Rs.1,000 crore.

  • Hindustan Aeronautics, IFCI, GIC Housing Finance, and few others released their Q4 earnings today.

Here’re a few stocks that were in news today:

Quarterly results of companies

Here’re some of the companies that came out with their quarterly results today:

Index performance


Previous close

Closing price

Change %









Nifty bank




Nifty PSU bank





Nifty IT 




S&P BSE Midcap




S&P BSE 500




Top gainers and losers 

Sectorally, the Nifty PSU bank was the top gainer gaining almost up to 3%. Stocks that contributed to this were the central bank of India, J&K Bank, and Indian Overseas Bank, which rose to 6% individually. 

Thyrocare stocks plunged a little over 9% post the announcement of the PharmEasy acquisition. 

Owing to the excellent Q4 results of Finolex Industries, the stock rose by around 15% in the early hours and closed at an increase of 5.58% at Rs. 183.65. On similar lines, the stock price of India Glycols rose by around 10% as a result of excellent Q4 results.

Dodla Dairy and KIMS hit the markets at a premium of over 20%

Here’re some of the top gainers of the day:

Here’re some of the top losers of the day:

Final words

The trade volume on the stock market today was on the lower side, and the market also closed majorly in RED. The cryptocurrency market witnessed cautious trading with mild gains. Bitcoin rose by around 4%, Ethereum by 9.08%, and Dogecoin by about 4%. 

Experts believe that the market could react adversely tomorrow due to the press conference held today by the Finance Minister.

That’s it for today. See you tomorrow…

Happy Investing!

About the Author: Kaveri Iyer | 54 Post(s)

Kaveri is currently pursuing a Master of Commerce specializing in Applied Finance. the Varied areas of interest include finance, music, literature, psychology and metaphysics. She loves the art of storytelling and has an unquenchable thirst for knowledge.

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