The BSE Sensex rallied 433.30 points or 0.82% to settle at 53,161.28. During the day, it jumped 781.52 points or 1.48% to 53,509.50. The NSE Nifty also surged 132.80 points or 0.85% to close above the 15,800 level at 15,832.05.

The broader indices ended in green with the BSE Mid cap index rising 0.87%, while the Small cap index was up by 1.57%. On the sectoral front, Capital Goods was up by 2.26%, IT up by 2.02%, TECK up by 1.84%, Metal up by 1.81%, and Basic Materials up by 1.65%, while there were no losing sectoral indices on the BSE.

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Here are the key stocks that moved the most on June 27:

Bajaj Auto: The stock ended 1.09% higher at Rs 3,855 after the company’s board at its meeting held today approved the proposal for a share buyback of Rs 2,500 crore through the open market route at a price not exceeding Rs 4,600 per share.

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Vedanta: The company’s shares surged 2.89% to close at Rs 227.85 after JPMorgan said the metal company remains best positioned to take advantage of higher LME Zinc prices.

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Zomato: The stock plunged 6.60% to close at Rs 65.85 after the company’s board approved the acquisition of Blink Commerce. The company board has given its approval for the acquisition of up to 33,018 equity shares of quick commerce company (Blink Commerce (BCPL, formerly known as Grofers India) for Rs 4,447.48 crore in an all-stock deal. Zomato will acquire the shares at a price of Rs 13,46,986.02 per share by issuance and allotment of up to 62,85,30,012 fully paid-up equity shares of the company having a face value of Re 1 each at a price of Rs 70.76 per equity share, in informed in the stock exchange filing.

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Welspun Corp: The stock prices surged 4.12% to settle at Rs 222.20 as the company received various orders of around 47,000 MT amounting to Rs 600 crore. The orders will be executed for the supply of 19,700 MT onshore coated pipes and 180 bends for a pipeline project in Australia. The export order will be executed from the company’s plant in Anjar, India in H2 F122-13.

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Federal Bank: The stock surged 1.96% to close at Rs 91.10 after the private sector lender informed exchanges that a board meeting will be held on June 30, 2022, to consider raising equity capital either through a rights issue, private placement, preferential issue, FPO, QIP, GDR, ADR, FCCB or through any other permissible mode or a combination thereof.