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F&O expiry: Indices extend rally, Sensex surges 595 pts; Nifty Bank up 2.5%

  • May 28, 2020

In the broader market, the SP BSE MidCap index ended over 1.3 per cent higher at 11,622 while the SP BSE SmallCap index settled at 10,769, up 150 points or 1.42 per cent.

Buzzing stocks

Shares of UFlex surged as much as 17 per cent to Rs 203 during the day on the BSE after the company announced that it has developed a Personal Protective Equipment (PPE) Coverall ‘Flex Protect’ in joint collaboration with lIT-Delhi and INMAS, DRDO, Delhi. The stock ended at Rs 187 apiece, up around 8 per cent. READ MORE

Sun Pharma ended nearly 2 per cent higher after the company reported a 17 per cent year-on-year (YoY) decline in its  consolidated profit before tax (PBT) at Rs 577 crore for the March quarter. READ MORE
Eicher Motors climbed over 8 per cent to Rs 16,216.90 on the BSE after after the company announced stock split plan to make the stock more affordable for the small retail investors and increase liquidity. The company manufactures the iconic Royal Enfield brand of motorcycles which leads the premium motorcycle segment in India.

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