News for GFL LIMITED (GFLLIMITED.BO)

The Rs 1.2 lakh MRF stock is dwarfed by a microcap player with nearly double its price as of Tuesday. Interestingly, this stock was just a penny stock worth Rs 3.21 in July this year.

Diffusion Engineers, SIL Investments, Pilani Invest, GFL Ltd. and Vardhman Hold, hit their fresh 52-week highs during the day.

The Nifty IT index closed 1.29 per cent down at 41562.7.

The Nifty Bank index closed 0.25 per cent down at 51962.7.

In the Nifty pack, 15 stocks closed in the green, while 35 stocks ended in the red.

The Nifty Realty index closed 1.4 per cent down at 1032.65.

In the Nifty pack, 16 stocks were trading in the green, while 34 stocks were trading in the red.

GFL Ltd., Pilani Invest, Nalwa Sons Invst, SIL Investments and OrientalAromatics, hit their fresh 52-week highs at 10:44AM.

Inox Wind shares rose 5.16% to Rs 253.90 on Friday against the previous close of Rs 241.45 on BSE.  Market cap of Inox Wind climbed to Rs 33,103 crore.

The surge in the chemical company's stock came after it announced that GFCL EV Products, a wholly-owned subsidiary, has incorporated its wholly-owned subsidiary company, GFCL EV Products GmbH: Gujarat Fluorochemicals share price

The management is confident about the coming quarters and expects a better performance in H2FY25E: Gujarat Fluorochemicals share

BSE Sensex dropped 283.60 points, or 0.44 per cent, to end at 63,591.33. NSE's Nifty tumbled 90.45 points, or 0.47 per cent to end the session at 18,989.15 for the day

In a secular bull market, secondary correction is a common phenomenon wherein small cap index has a tendency of correcting 12-15 per cent from swing highs, said ICICI Securities.

Among sectors, Nifty Realty index gained 4.3 percent, Nifty Auto index added 2.8 percent, Nifty FMCG index rose nearly 2 percent and Nifty Media index added 1.5 percent.

In terms of the market value, Reliance Industries added the most, followed by Hindustan Unilever, Bharti Airtel and Tata Motors.

The Nifty Realty index closed 0.43 per cent up at 612.8.

Axis Bank, Infosys, Adani Ent., SBI and Wipro were among the top losers on NSE in today's trade.

In the Nifty pack, 25 stocks closed in the green, while 24 stocks ended in the red.

The Nifty Realty index was trading 1.23 per cent up at 617.7.