Gainers & Losers: There was a strong rise in the market, Nifty closed up 312 points, today these stocks were the biggest movement

Sensex and Nifty have managed to close with strong gains on 16 March i.e. on the basis of all-round buying in today’s business. At the end of trading, the Sensex closed at 56,816.65 with a gain of 1,039.80 points, or 1.86 per cent. On the other hand, Nifty closed at 16,975.30 with a gain of 312.30 points or 1.87 per cent.

The biggest movement in these stocks today

Hindustan Aeronautics | CMP: Rs 1,463 | Today the stock rose more than 6 per cent. The company has entered into an agreement with Safran Helicopter Engines SAS of France. Under this, both the companies will explore the possibilities of doing business jointly.

Rail Vikas Nigam | CMP: Rs 33.30 | Today this stock has also closed in green mark. In the board meeting of the company held on March 16, 2022, an interim dividend of Rs 1.85 per share has been announced for the financial year 2021-22. The record date for this has been fixed on 25 March 2022.

Taking Stock: Great rally returned in the market, Nifty closed above 16900 before US Fed’s decision, know how it may move tomorrow

Tata Communications | CMP: Rs 1,177.35 | Formula 1 and Tata Communications have signed a multi-year strategic cooperation agreement. Due to this news, today the stock managed to close with a gain of 4 percent.

Torrent Power | CMP: Rs 485.95 | Today the stock closed with a gain of 2 per cent. Torrent Power has signed an agreement to buy 51 per cent stake in Dadra and Nagar Haveli and Daman and Diu Power Distribution Corporation Ltd. In a statement issued by the company, the company said that this acquisition will further strengthen Torrent Power’s position as the country’s leading power distribution company.

Zomato | CMP: Rs 76 | Today this stock has closed in red mark. The company has acquired 16.66 per cent in food delivery company Mukunda Foods Private Limited. Along with this, the company’s board has also approved a loan of $ 150 million from Grofers India. The market did not like this news and the stock fell.

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