On January 19, the Indian stock market saw a mixed trend on the sectoral front with auto, metal, power, and oil & gas stock closed in the green while bank, FMCG, IT, pharma, and realty sectors ended in the red. The 30-scrip BSE Sensex fell 656.04 points or 1.08% to close at 60,098.82. The broader NSE Nifty slipped by 174.65 points or 0.96% to close at 17,938.40 points. 

Here are the key stocks that moved most during today’s trading session:

Biocon: The stock jumped 5% to close at 366.10 after brokerage firm Morgan Stanley upgraded the stock to “outperform” from an “equal-weight” rating. The firm also raised its target price by 25% to Rs 465.

L&T Technology Services: The dropped over 6% and closed at Rs 5,092 after the company reported an 8% rise in net profit to Rs 248.8 crore for the December quarter of 2021 as compared to Rs 230 crore in the previous quarter. The revenue increased 5% at Rs 1,687.5 crore from Rs 1,607.7 crore in the previous quarter. 

Indian Energy Exchange: The share jumped over 3% to close at Rs 260.95 after the company announced selling 4.93 & equity shares to India’s largest oil company Indian Oil Corporation. 

Asian Paints: The paintmaker’s shares plunged 2.69% to close at 3282.95.

Tata Elxsi: The company’s stock closed a 10.24% high after the company reported strong quarterly earnings.

Tata Motors: The share closed at Rs 520.60 on January 19. Tata Motors entered into the CNG segment with the launch of Tiago and Tigor trims between Rs 6.09 lakh and Rs 8.41 lakh respectively. 

JSW Energy: The stock price jumped 2.73% to close at Rs 312 after the company reported Rs 324 crore net consolidated profit as compared to Rs 123.5 crore in the previous year. Revenue increased by 17.1% to Rs 1893.5 crore than 1608.9 crores in the previous year.