The BSE Sensex surged 427.79 points or 0.78% to close at
55,320.28. The broader NSE Nifty advanced 121.85 points or 0.74% to settle at
16,478.10.

The broader indices ended in green with the BSE Mid cap
index up by 0.46%, while the Small cap index was up by 0.24%. On the sectoral
front, Telecom was up by 2.10%, Energy up by 2.03%, Oil & Gas up by 1.78%,
Healthcare up by 1.01% and TECK up by 0.99%, while Metal down by 1.66%, Basic
Materials down by 0.75% and Utilities down by 0.01% were the only losing
indices on BSE.

Also Read | Closing Bell: Sensex jumps 427 points, Nifty closes at 16,478

Here
are the key stocks that moved the most on June 9:

BLS
International Services: The stock surged 9.23% to close at Rs
193.50 after the announcement that the company will acquire Zero Mass (ZMPL)
for a total cash consideration of Rs 120 crore. BLS International has become
India’s largest business correspondent (BC) network with an all-cash
acquisition from the company’s internal accruals. With around 11,500 active
CSPs, ZMPL operates the biggest BC network for the State Bank of India (SBI)
(around 15% of all the SBI BCs). ZMPL also has contracts with Utkal Grameen
Bank and Karur Vysya Bank in addition to SBI.

Also Read | LIC shares hit new low of Rs 720, investors lose Rs 1.4 lakh crore

Titagarh
Wagons: The stock gained 7.14% to close at Rs 108.00 as Titagarh
Firema, the Italian subsidiary of Titagarh Group received assurance of support
from the Italian Government.

Also Read | India may cut GST on Lithium-ion batteries to boost electric mobility

UPL: The
stock jumped 1.48% to settle at Rs 746.00 after the company launched Flupyrimin
insecticides to protect rice yields.

Also Read | Gold, silver and other metal prices on Thursday, June 9, 2022

Tech
Mahindra: The stock ended 1.41% higher at Rs 1,140 as it intends
to buy a 26% stake in Huoban Energy Private Limited (Huoban).

Also Read | Fuel price June 9, 2022: Petrol Rs 96.72, diesel Rs 89.62 in Delhi

Larsen
and Toubro: The stock jumped 0.72% to close at Rs 1,596
after the global brokerage Nomura maintained a ‘buy’ rating with a target price
of Rs 1,995 per share. The brokerage expects ordering momentum to remain strong
in the short term with strength coming in from the robust momentum in
Government’s Capex. It also expects a revival in Capex from the private sector
and prospects from the defence sector to grow significantly.