Honasa Consumer shares fell as much as 4.88% to an intraday low of ₹443.70 after CNBC TV18 reported that a large transaction took place in the stock after market opening. A total of 1.14 crore shares, representing 4.4% equity, changed hands in the morning deals. Trading volume in the stock jumped 25 times to 1.94 crore shares compared with an average volume of 7.64 lakh shares on the National Stock Exchange (NSE). On the BSE, as many as 8.54 lakh shares changed hands, compared with an average of 43,000 shares traded daily in the past two weeks.

The Indian equity benchmarks came off intraday lows in noon deals on Tuesday, September 29, but continue to trade in the negative zone. The SENSEX fell as much as 707 points and the NIFTY50 index hit an intraday low of 22,569.65. As of 1:07 pm, the SENSEX was down 414 points at 72,357 and the NIFTY50 index dropped 118 points to 22,661, dragged down by weakness in index heavyweights such as HDFC Bank, Infosys, Eternal, Bajaj Finance, Titan and Reliance Industries.

Shares of EIH, the operator of Oberoi Hotels, advanced as much as 4.64% to an intraday high of ₹308.90 in an otherwise weak session. Trading volume jumped 15 times to 16.94 lakh shares compared with an average volume of 1.12 lakh shares, reflecting heightened activity around the hotel operator.

NCC shares rose 5.4% to an intraday high of ₹137 after the company secured a letter of award (LoA) from the government of Andhra Pradesh for the supply of fresh water. The order, worth ₹1,076.71 crore excluding GST, was bagged under the Multi Village Scheme on Yeleru Reservoir for the Anakapalli Segment in Anakapalli District. NCC Ltd accepted the LoA on September 26 from the Rural Water Supply and Sanitation Department, Visakhapatnam. Trading volume in NCC shares spiked by 12.5 times to 2.22 crore shares compared with an average volume of 17.7 lakh shares.

Travel Food Services shares advanced 1.15% to ₹1,221 amid a spike in volumes, with trading volume on the NSE jumping 4.9 times to 1.33 lakh shares compared with its average volume of 27,459 shares. Eris Lifesciences shares rose 2.75% to an intraday high of ₹1,270, mirroring gains in other drugmakers; trading volume spiked by 4.5 times to 1.85 lakh shares compared with an average volume of 41,090 shares on the NSE.