Equity markets across the world have been spooked as Trump’s tariff deadline ends today at midnight. The Sensex is now down nearly 550 points in intra-day trade today. The Nifty 50 too is hovering around 24,800. The sell-off is broad-based, and small and midcaps are also seeing significant losses.
However, there are some big movers and shakers in the afternoon trade. Here is a look at 5 buzzing stocks at this hour –
HDFC Bank
The share price of HDFC Bank showed a 50% plunge as soon as it opened on the National Stock Exchange. However, it is nothing to worry about, as the share price was reflecting the adjustment of the bonus issue. This is the first-ever bonus issue of the bank. In the last one month, the stock price of HDFC Bank has fallen by over 2% in the last one month and has given a return of 15.5% in the six months.
Vodafone Idea
Vodafone Idea’s stock price corrected 11% to an intra-day low of Rs 6.60 on the National Stock Exchange. The fall in the stock price came after the government clarified that no additional relief is being considered for the telecom operator with respect to its adjusted gross revenue (AGR) dues. The statement comes amid ongoing concerns about the company’s financial health and its ability to manage its obligations.
Maruti Suzuki
Maruti Suzuki’s share price hit a new 52-week high of Rs 14,789, rising 2.33%. The stock surged in the weak market after Prime Minister Narendra Modi flagged off Maruti Suzuki’s first global electric vehicle, e-Vitara, from Hansalpur, Gujarat. The made-in-India car will be exported to more than 100 countries, including Japan.
Protean eGov Technologies
The stock price of Protean eGov Technologies surged 11% in the early trade today after the company bagged a major government mandate. This is a key win as the share price cracked in May. Within just two sessions, the share price tumbled nearly 30% and extended losses to about 50% from its peak.
BLS International
BLS International’s share price increased 6.5% to an intra-day high of Rs 392.85 on the National Stock Exchange. The uptick in the stock came after it received a work order from the Unique Identification Authority of India (UIDAI), Government of India, for providing services as a service provider for establishing and running the District Level Aadhar Seva Kendra (ASK) of approximately Rs 2,055.35 crore.