The BSE Sensex tumbled 709.75 points or 1.35% to settle at
51,822.53. During the day, it declined 792.09 points or 1.50% to 51,739.98. The
NSE Nifty tanked 225.50 points or 1.44% to close at 15,413.30.

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The broader indices ended in red with the BSE Mid cap index
falling 1.53%, while the Small cap index was down by 1.11%. On the sectoral
front, Metal was down by 4.96%, Basic Materials down by 2.67%, Realty down by
2.24%, Energy down by 2.24%, Power down by 2.11%, while there were no gaining
sectoral indices on the BSE.

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Here are the key stocks that moved the most on June 22:

Biocon: The stock slipped 3.08% to close at Rs 315 after
allegations of bribing a central government agency that approves drugs in India
emerged against a company subsidiary’s official. The Central Bureau of
Investigation (CBI) has arrested five people, including S Eswara Reddy, joint
drug controller at Central Drugs Standard Control Organisation (CDSCO), and L
Praveen Kumar, associate vice president and head of national regulatory affairs
(NRA) at Biocon Biologics.

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Zomato: The stock closed 1.36% higher at Rs 66.95 as the
company board is likely to hold a meeting on June 24 to consider an acquisition
of Blinkit via issue of equity.

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Jain Irrigations Systems Limited: The stock surged 9.87% to
close at Rs 41.20 as the investors cheered the firm’s international irrigation
business merged with Rivulus, part of Singapore-based investment fund Temasek.

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JMC Projects: The share closed 4.21% higher at Rs 76.80
after the company secured new orders of Rs 874 crore. The orders include the
construction of an elevated viaduct and five elevated stations of the Kanpur
Metro Rail Project of Rs 459 crore and civil works for a data center and
B&F projects in India of Rs 415 crore.

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Matrimony .com: The stock price jumped 6.68% to close at Rs
823 after the firm’s board approved the final buyback price of Rs 1,150 per
equity share and the aggregate amount of buyback up to Rs 750 million. The
total number of shares to be bought back shall be up to 6,52,173 equity shares,
which is 2.85% of the total number of equity shares in the total paid-up equity
share capital of the company.