Biggest gainers & losers of the day: Go Fashion makes glamorous debut; Sigachi tanks 12%

New Delhi: Domestic equity markets continued their roller coaster ride on Tuesday as the benchmark indices gyrated in a wide range. Concerns over the Omicron variant of Covid-19 spooked the traders as WHO termed it as a variant of grave concern.

The 30-share pack Sensex tanked 195.71 points or 0.34 per cent to close at 57,064.87. Its broader peer Nifty50 shed 70.75 points or 0.41 per cent to 16,983.20. The broader markets, meanwhile, outperformed as the BSE midcap and smallcap indices settled in the green.

Yash Gupta, Equity Research Associate, Angel One said, "India VIX is trading on the higher side of the last 6 months average. WHO has also listed the Omicron virus in the list of 'virus of concern' as initial data suggests that it is more transmutable."

Among stock-specific moves, Go Fashion saw a strong listing even as it faced some profit booking later on. The midcap IT players also shined. On the other hand, multibagger debutant Sigachi Industries bled the most during the session.

Let's have a look at the biggest movers and shakers of Tuesday's session:

GAINERS
Go Fashion: The latest debutant of Dalal Street is listed at a premium of 90 per cent at Rs 1,316 on BSE. However, it witnessed profit booking during the day, giving up 5 per cent of its listing gains. It settled at Rs 1,252.60, 82 per cent higher than the issue price.

Talbros Automotive Components: The auto parts manufacturer rallied 19 per cent to Rs 339.45 following the company's investor/analysts meeting hosted on Monday.

IT stocks: The midcap IT players were in focus as investors sought safe bets amid market volatility. Sonata Software advanced 15 per cent to Rs 908.95 while KPIT Technologies gained 12 per cent to Rs 494.40.

Brigade Enterprises: The realty player zoomed 15 per cent to Rs 519 ahead of its investor/analysts meet scheduled on December 1.

Shriram City Union Finance: The leading NBF player soared 15 per cent to Rs 2,227.15 on the back of a strong technical set-up on technical charts. The traded volume of the counter jumped manifold compared to the two-week average.

LOSERS
Sigachi Industries: The recently listed pharma player tanked as much as 12 per cent to Rs 410.95 on the revision of its circuit filter to 20 per cent from 5 per cent. The scrip has tanked about 38 per cent from its peak of Rs 648.

Pilani Investment and Industries Corporation: The holding company of Aditya Birla Group shed 8 per cent to Rs 2,035.40 despite its undervaluation.

DCB Bank: The private lender dropped over 7 per cent to Rs 81.60 after it increased the interest rate for the customers on deposits, which may impact its earnings and net interest margins in the coming days.

Skipper: The construction and engineering player continued its downward trend as it settled 6 per cent lower at Rs 64.55. The scrip has lost about 18 per cent of its value in the last one week.

CreditAccess Grameen: The microfinance player declined 6 per cent to Rs 505.25 on the back of a weak technical set-up. The traded volume on the counter jumped manifold compared to the two-week average.