Top stock movers — ACC, Britannia, Amber Enterprises, HCL Tech, Wipro, L&T and others

• The 30-share BSE index Sensex was up 0.17%, and the NSE Nifty was trading 18.45 points higher at 9:55 am.
• Here’s a list of the top losers and gainers in the Nifty pack.
• These are the top stocks that are buzzing in trade today.
• Check out the latest news and updates on Business Insider.

Indian stock market indices opened higher on Tuesday, tracking gains in index majors Infosys, HDFC Bank and TCS, despite weak cues from global markets.

The 30-share BSE index Sensex was up 0.17%, and the NSE Nifty was trading 18.45 points higher at 9:55 am.

Here’s a list of the top losers and gainers in the Nifty pack.
*as of October 20, 09:50 am

These are the top stocks in news today.

Britannia shares dip 5%

The shares of biscuit major dipped 5% after it reported a sequentially lower profit growth compared to the last quarter. It is worthy to note that the profit was comparatively 23% higher than what it reported during the same quarter last year. However, the drop in volume growth has kept investors jittery.

ACC opens 3% higher

The shares of ACC opened 3% after the company posted a 20.25% increase in consolidated net profit to ₹363.85 crore for the third quarter ended September 30. The brokerages also reiterated their ratings to ‘Buy’, with Motilal Oswal raising their target price at ₹1805 and Nirmal Bang with a revised target of ₹1772.

Larsen & Toubro up over 3%

The shares of construction and engineering company Larsen & Toubro were trading over 3% higher after reports emerged that it is set to win one of the largest infrastructure tenders for the alignment of the Mumbai-Ahmedabad High-Speed Rail corridor.

Wipro gains over a percent

The shares of IT major were up over 1% after it announced that it had won a five-year Application Management (AMS) and Services Integration & Management (SIAM) contract from one of the leading clean-energy companies, Fortum, which is headquartered in Espoo, Finland.

HDFC Life up over 1%

The shares of life insurance provider, HDFC Life were trading over 1% higher after the company reported a 6.1% increase in consolidated net profit to ₹327.83 crore for the quarter ended September 30. The total income of the company saw a stellar 90% rise to ₹16,426.03 crore.

Amber Enterprises pares gains

After two days of bull run, Amber Enterprises pared the early gains. The share price was trading 4% lower today at 10:00 am. Amber’s shares have surged nearly 25% in the past two days after the government banned import of AC’s to boost local manufacturing.

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