Gainers Losers: Five stocks that moved the most on March 28

Gainers Losers: Five stocks that moved the most on March 28

Among sectors, bank and oil & gas indices gained a percent each, and auto and metal indices added 0.5 percent each. However, selling was seen in capital goods, IT and pharma names





March 28, 2022 / 04:06 PM IST





Indian equity benchmark ended at the day's high in a highly volatile session on March 28, supported by the auto, bank, oil & gas and metal stocks. At close, the Sensex was up 231.29 points, or 0.40%, at 57,593.49, and the Nifty was up 69 points, or 0.40%, at 17,222.





PVR, Inox Leisure | The PVR stock price jumped over 3 percent and Inox 11 percent after the two companies announced a merger to create a cinema giant with more than 1,500 screens. The top multiplex players announced the merger deal after their boards on March 27 okayed an all-stock amalgamation subject to the approval of shareholders, stock exchanges, market watchdog, and others. Inox investors will receive PVR shares in exchange for shares in INOX at the approved swap ratio. After the merger, PVR promoters will have a 10.62 percent stake, while Inox promoters will own 16.66 percent of the combined entity.