Vodafone Idea, Bajaj Finance, Nykaa among 10 stocks that made headlines today
Domestic equities continued to strengthen for a second straight session, driven by broad-based buying, as the RBI maintained a status quo on the key lending rate as well as the policy stance. Here are 10 stocks that gained traction in the October 6 session:
Domestic equities continued to strengthen for a second straight session on Friday, driven by broad-based buying, as the RBI maintained a status quo on the key lending rate as well as the policy stance.
Both the headline indices finished 0.6 per cent higher, with the Sensex adding 364.1 points to close at 65,995.6 and the Nifty rising 107.8 points to settle at 19,653.5. Financial, IT and FMCG stocks were the biggest contributors to the gains in both main gauges.
Meanwhile here are 10 stocks that gained traction in the October 6 session:
Bajaj Finance: After the company’s board approved a Rs 10,000-crore capital raising plan, shares of the NBFC major hit a fresh 52-week high of Rs 8,192, rallying over 4 per cent.
Kalyan Jewellers India: After the jewellery retailer posted an impressive Q2 business update, shares of the company spurted over 11 per cent, nearing its 52-week high of Rs 261.9 per share on NSE.
Nykaa: Shares of the fashion-to-beauty e-retailer jumped as much as 3 per cent after the company released its Q2 business update suggesting decent growth across verticals.
L&T: Shares of the construction major edged higher to Rs 3,113.95 apiece on BSE, coming within 5 paise of a 52-week high touched this week, after the construction company bagged an order to construct a residential township in Bengaluru.
TCS: The stock gained over 1 per cent at the day’s high to Rs 3,634.25 apiece on BSE, after the IT bellwether bagged a deal from the labour department of the US state of Georgia.
Tata Motors: Shares of the auto major ended with marginal gains at Rs 622 per share after the company in an exchange filing released its global wholesales figure for the Q2 period.
Macrotech Developers: Shares of the realty company ended with gains of over 4% to Rs 779.45 after the company recorded its best-ever quarterly pre-sales of Rs 3,534 crore, up 12 per cent on a year-on-year basis.
Vodafone Idea: Shares of the telecom company slipped over 2 per cent to Rs 10.95 after the company said that the telecom department had disposed-off the operator’s representation as well as objections pertaining to the license fee demand.
Zydus Lifesciences: Towards the close of the trading session, shares of the pharma major traded in the red with a marginal cut after the company said it had received final nod from the US Food and Drug Administration (FDA) for Sugammadex Injection.
Wardwizard Innovations and Mobility: Shares of the electric vehicle company soared up to 6 per cent in intraday trade to Rs 40.6 apiece on NSE, after the company said its sales stood at 2,824 units of electric two-wheelers last month.
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05:08 PM IST