Top Gainers & Losers: HDFC twins worst hit among blue-chip stocks; Titan, Maruti Suzuki gain
Top Gainers & Losers: Indian equity benchmarks Nifty 50 and Sensex fell more than one per cent on Friday, dragged by financial, IT and metal shares. HDFC Bank and HDFC were the biggest drags on both gauges.
Top Gainers & Losers: Indian equity benchmarks Sensex and Nifty 50 fell more than one per cent on Friday amid weakness by financial, IT and metal shares. HDFC and HDFC Bank posed the maximum pressure on both gauges.
The Sensex lost 695 points for the day to settle at 61,054.3 and the Nifty shed 186.8 points to end at 18,069.
In the Nifty basket, HDFC Bank tumbled 5.8 per cent and HDFC 5.6 per cent, after reports suggested their combine could see significant outflow. IndusInd Bank, Hindalco and Tata Steel were the other major laggards.
Titan, Maruti, UltraTech Cement, Nestle and Apollo Hospitals, on the other hand, were among the gainers.
Here are some of the blue-chip stocks that moved the most on Friday:
Titan
Titan was among the top gainers on Nifty50, rising two per cent for the day to close at Rs 2,732 apiece on NSE.
Phillip Capital has maintained a 'buy' rating on Titan with a target price of Rs 3,000, which translates to upside potential of 9.8 per cent. The brokerage is cautiously optimistic on Titan.
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