Stocks that touched their 52-week high include Indraprastha Gas, JSW Steel, NTPC, PTC India, PVR, State Bank of Bikaner and Jaipur, and State Bank of Travancore.
The company’s stock jumped 7.76 per cent to settle at Rs 5.14 on BSE, and at NSE, the shares surged 8.42 per cent to close at Rs 5.15.
The benchmark BSE Sensex after opening in positive terrain at 26.482.50 advanced to the day’s high of 26,485.45 on value- buying in recently battered bluechips.
The BSE Sensex stayed in the negative zone through out the day and touched a low of 26,262.27 before winding up 238.98 points or 0.90 per cent down at 26,396.77, its weakest closing since May 26.
Meetings of the US Federal Reserve, Bank of England, Swiss National Bank and the Bank of Japan are also awaited this week. All are likely to keep monetary policy steady.
Yes Bank announced the acquisition on June 9
The broader markets too felt the heat with the BSE mid-cap index falling 0.47 per cent while small-cap edged up by 0.04 per cent.
The weak dollar due to expectations that the US Fed will keep benchmark interest rates low for longer also supported the rupee at the Interbank Foreign Exchange market.
Currently, mutual fund distributors can register only one bank account while registering a client on the BSE StAR MF Platform.
On June 7, the rupee had gained 20 paise to close at a fresh three-week high of 66.77 on sustained selling of the dollar.
Sentiment also got a boost after rupee continued its upward journey against the American unit at the forex market.
BSE Sensex rallies over 129 points despite the Reserve Bank keeping the interest rate unchanged.
The barometer index, the S&P BSE Sensex fell 0.24 per cent to settle at 26,777.45. The Nifty 50 index fell 19.75 points or 0.24 per cent to settle at 8,201.05
Jubilant Life Sciences had said in a BSE filing on June 3 and the stock climbed to Rs 374 on BSE, and Rs 374.45 on NSE.
Major gainers include M&M, GAIL, SBI, CIPLA, HDFC Bank and L&T, while Maruti, Adani Ports, Bharti Airtel and Coal India among notable losers.