Published On: Wednesday, June 22, 2022 | By: Team KnowMyStock
Sector-wise, Nifty oil & gas, metals, realty, banks were the worst hit, down 1-3 per cent. While, the defensive pharma and FMCG held marginal gains.
Among stocks, Jain Irrigation Systems surged over 12 per cent after the company announced plans to merge its international irrigation business (worth Rs 4200 crores) with Rivulis Pte Ltd, which is a part of Singapore's Temasek Group, to create a global irrigation and climate major and reduce the company's debt.
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