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Benchmark indices ended
Wednesday's session with minor gains amid volatile trade as investors turned
cautious on the eve of the Lok Sabha 2019 election outcome. After hitting an
intra-day high of 39,249.08, Sensex finally settled 140 points, or 0.36 per cent
higher at 39,110 while Nifty50 ended the day at 11,738, up 29 points or 0.25
per cent.
India IndusInd, Sun Pharma, Bajaj Auto, Bharti Airtel, and Coal India were the
BSE's top gainers. Out of the 30 constituents, 25 ended in the green. The
market breadth remained in favour of buyers. About 969 stocks advanced and 770
shares declined on the NSE.BUZZING STOCKS Dewan
Housing Finance Corporation (DHFL) plunged as much as 18 per cent to Rs 107 in
the early trade on Wednesday on the BSE after the non-banking finance company
(NBFC) stopped accepting fresh public deposits and renewals of existing
deposits. The stock, however, pared some losses to end the day 12 points, or
9.4 per cent lower, at Rs 117.65.Shares of Jet Airways (India) rallied 5 per cent
to Rs 158.55 apiece on the BSE on Wednesday on the back of heavy volumes being
traded on the hopes of the airline's revivial. The share has surged 32 per cent
so far in this week. Larsen & Toubro scales new high, up 12% in a week;
m-cap touches Rs 2.07 tn DHFL
tanks 18% as company stops fresh deposits, premature withdrawals Jet Airways
surges 32% in three days on revival hopesJindal Steel slips 12% on
disappointing March quarter results
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