The BSE Sensex surged 462.26 or 0.88% to settle at
52,727.98. During the day, it jumped 644.15 points or 1.235 to 52,909.87. The
Nifty rallied 142.60 points or 0.92% to settle at 15,699.25. Sensex and Nifty
rebounded nearly 1% on Thursday.

The broader indices ended in green with the BSE Mid cap
index surging by 1.53%, while the Small cap index was up by 1.60%. On the
sectoral front, Telecom was up by 2.53%, Auto up by 1.98%, Utilities up by
1.76%, Power up by 1.73% and Consumer Disc was up by 1.68%, while IT down by
0.59% and TECK down by 0.23% were the only losing indices on BSE.

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Here are the key stocks that moved the most on June 24:

Hero MotoCorp: The stock added 2.84% to close at Rs 2,750
after the company said it is going to hike the prices of motorcycles and
scooters. Hero MotoCorp will raise ex-showroom prices of motorcycles and
scooters by up to Rs 3,000 with effect from July 1, the company said in a
statement. The price hike is to partially offset the steadily growing input
cost inflation.

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Nazara Technologies: The stock price surged 19.70% to close
at Rs 623.50. The stock adjusted for the bonus issue. On May 13, Nazara
announced the bonus issue in the ratio of one equity share owned by
shareholders as on record date. Therefore, the previous closing price of the
stock halved to Rs 520,90, against Rs 1,041.80 earlier. The record date for the
bonus issue has been fixed on June 27, which means a person holding a share of
Nazara Technologies by the closing of June 27 is eligible to get a bonus share.

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Canara Bank: The stock jumped 2.06% to close at Rs 185.60
after the board of directors in it its meeting held on June 24 approved the
capital raising plan for the financial year 2022-23 amounting up to Rs 9,000
crore through Debt Instruments.

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Strides Pharma: The share price surged 8.77% to close at Rs
340.30 after Akston Biosciences Corporation and Biolexis, a Strides Group
Company announced results from Phase II/III clinical trial of the SARS-CoV-2
vaccine. According to an interim analysis of this data, there are no
significant issues and a 91% seroconversion rate at Day 56.

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Dwarikesh Sugar: The stock price jumped 9.55% to settle at
Rs 105.00 after commissioning a 175 KL per day distillery at its Dwarikesh-Dham
(Faridpur) plant in Bareilly district, the company said in a statement. The
plant was commissioned today and will use cane juice syrup and ‘B’ heavy
molasses as feedstock for producing ethanol. According to the company, the
scheduling is within the scheduled time and in line with the lofty traditions
of ‘on-time’ commissioning of all its plants.