NIFTY, SENSEX down; Mphasis, Yes Bank, Coal India, Leela Hotels among buzzing stocks

Benchmark equity indices NIFTY and SENSEX tumbled on Monday, June 2, following weak global cues. SENSEX slipped 300 points to 81,150, while NIFTY dropped 0.36% to 24,660 at 12:15 pm.

From the NIFTY pack, Hero MotoCorp, Bajaj Auto, JSW Steel, Titan, Ultratech Cement, HDFC Life, Tech Mahindra, HDFC Bank, Tata Steel, Tata Motors, Wipro, NTPC and Grasim were among the biggest laggards.

Adani Ports, Apollo Hospitals, Mahindra & Mahindra, Eternal, Adani Enterprises, Tata Consumer Products, and Power Grid were among the gainers.

Buzzing stocks on June 2

It listed at ₹406.50, down 6.55% from the issue price, on the BSE. At the NSE, it started trading at ₹406, a discount of 6.66%.

At 12:14 pm, it was trading 6.61% higher at ₹432.85.

The ₹3,500 crore Schloss Bangalore IPO was a fresh issuance of shares worth ₹2,500 crore and an offer for sale of ₹1,000 crore.

"The meeting of the Board of Directors of YES Bank Limited is scheduled to be held on Tuesday, June 03, 2025, inter alia, to consider raising of funds by way of issuance of equity shares, debt securities and/or any other eligible securities (convertible/non-convertible) through permissible modes, including but not limited to a private placement, preferential issue or any other method or combination of methods, subject to such approvals as may be required," it said in an exchange filing.

"The draft red herring prospectus...of Bharat Coking Coal Ltd was filed with SEBI, BSE and NSE...The DRHP filing pertains to the proposed initial public offering (IPO) of BCCL comprising an offer for sale of up to 465,700,000 equity shares by Coal India Limited, which remains subject to receipt of applicable approvals, market conditions, and other relevant considerations," the company said in a filing on BSE.

"The project will have a developable potential of 3.7 million square feet with an estimated revenue potential of Rs 4,200 crore," the company said.