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A total of 5,748 shares changed hands on the counter till 12:48PM (IST)

Shares of PSU National Mineral Development Corporation (NMDC) were among the worst hit and were trading over 5% lower at Rs 212 on NSE, while Tata Steel fell over 4%.

The Nifty Realty index was trading 0.8 per cent down at 1019.85.

As of 30-Jun-2024, promoters held 63.97 per cent stake in the company, while FIIs held 11.45 per cent and domestic institutional investors had 8.5 per cent.

The Sensex and Nifty indices opened higher on Wednesday, buoyed by softer U.S. producer price data, which suggested a potential Federal Reserve rate cut. TVS Motor displayed bullish momentum after an 8-day consolidation breakout, whereas Tata Steel showed bearish trends, breaking down from a bearish Pennant pattern in recent sessions.

Hindalco reported higher-than-expected sales for the quarter, driven by strong demand and operational efficiency. Consolidated EBITDA soared 31% year-on-year to Rs 7,992 crore. MD Satish Pai stated that the company will stick with its Rs 600 crore guidance, focusing on profitability rather than top-line growth as aluminium prices influence revenue unpredictably.

The stock quoted a 52-week high price of Rs 258.95 and a 52-week low of Rs 157.65.

A total of 1,466 shares changed hands on the counter till 12:07PM (IST)

Promoters held 0.0 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 12.61 per cent and 6.72 per cent, respectively.

Nykaa Share Price: Nykaa saw its shares rise by 6% after reporting a 152% year-on-year increase in net profit for June 2024, reaching Rs 13.64 crore. Revenue for the quarter was Rs 1,746.11 crore, up 23%. The board also approved further stakes in Dot & Key Wellness and investment in Earth Rhythm, boosting its business strategy.