Benchmark equity indices BSE Sensex and NSE Nifty 50 ended in the red on Wednesday, after starting the session in the green, tracking global markets. Financial shares dragged the indices lower while gains in healthcare and IT shares supported the market. The BSE Sensex ended the session at 61067.24 points, down 1.03% or 635.05 points. Similarly, the NSE Nifty 50 settled at 18199.10 points, down 1.01% or 186.20 points. However, a few shares hit the 20% upper circuit in an otherwise weak market:
Balkrishna Paper Mills Ltd.
The shares of Balkrishna Paper Mills closed at ₹ 46.20 apiece against their previous close of ₹ 38.50, registering a 20% gain. The company manufactures paper and paper boards. Its products cater to the needs of pharma, cosmetics, healthcare products, ready-made garments, food products and the FMCG industry.
Mahaan Foods Ltd.
The shares of Mahaan Foods closed at ₹ 28.65 apiece against their previous close of ₹ 23.90, indicating a gain of 19.73%. The company manufactures dairy products and pharma nutritional products.
Wires and Fabriks (S.A.) Ltd.
The shares of Wires and Fabriks (S.A.) closed at ₹ 161.70 apiece against their previous close of ₹ 135.05, indicating a gain of 19.73%. The company manufactures a full range of foaming fabrics and woven dryer screens and spiral link dryer screens.
Written by Simran Bafna
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