On Friday, fertilizer company stocks had a great day! Mangalore Chemicals & Fertilizers Ltd. jumped by 6.56%, while Paradeep Phosphates Ltd. increased by 5.62%. Other gains included Aries Agro Ltd. (up 4.37%), Rama Phosphates Ltd. (up 2.94%), and Agro Phos India Ltd. (up 1.63%).
However, not all companies did well. Sikko Industries Ltd. fell by 3.89%, and The Fertilisers and Chemicals Travancore Ltd. dropped by 3.23%. Some took a hit, like Gujarat Narmada Valley Fertilizers & Chemicals Ltd. (down 1.28%) and Deepak Fertilisers & Petrochemicals Corporation Ltd. (down 1.24%).
In the bigger market, the NSE Nifty50 index went down by 183.91 points to close at 24,004.75, while the BSE Sensex dropped 720.6 points to settle at 79,223.11.
In other sectors, Oil and Natural Gas Corporation Ltd. was one of the winners, rising by 5.21%. Tata Motors Ltd. also had a good day, increasing by 3.32%. Other gainers included Titan Company Ltd. (up 1.86%) and SBI Life Insurance Company Ltd. (up 1.79%).
On the downside, Wipro Ltd. saw a 3.08% decrease, and HDFC Bank Ltd. fell by 2.49%.
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