- The 30-share BSE index Sensex was up 434 points, and the NSE Nifty was trading 0.94% higher at 9:52 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.
The 30-share BSE index Sensex was up 434 points, and the NSE Nifty was trading 0.94% higher at 9:52 am.
Here’s a list of the top losers and gainers in the Nifty pack.
These are the top stocks in news today.
Dewan Housing Finance Corporation (DHFL) leaps 10%
The shares of DHFL were trading 10% after news reports surfaced that Adani Group, Piramal Enterprises, US-based Oaktree and Hong Kong-headquartered SC Lowy are the four entities that have placed bids for the first financial services player DHFL, which is undergoing an insolvency process.
Jet Airways locked in 5% upper circuit
The shares of cash strapped Jet Airways were locked in a 5% upper circuit in minutes after market opening as the company secured new owners. The airline-approved the resolution plan submitted by London-based Kalrock Capital and UAE-based businessman Murari Lal Jalan to acquire the business.
Tata Communications locked in 5% upper circuit
The shares of Tata Communications were locked in 5% upper circuit after it reported around seven-fold jump in its consolidated net profit to ₹384.81 crore for the second quarter ended September 30. Its consolidated revenue grew 4.5% to ₹4,477.18 crore during the quarter.
Avenue Supermarts gains over 3%
Radhakishan Damani-led, D-Mart retail chain operator, Avenue Supermarts gained over 3% on Monday. The rally came after the saw its profit grow five-fold compared to the sequential quarter amid easing of lockdown restrictions. However, the profit growth was 38.5% down compared to the same period last year.
HDFC Bank opens 2% higher
The shares of India’s largest private sector lender, HDFC Bank opened 2% higher on Monday. The bank reported an 18.4% year-on-year (y-o-y) growth in profit at ₹7,513.11 crore for the quarter ended September 30.
DLF up over 2%
The shares of commercial real estate developer, DLF gained over 2% after its rental arm DCCDL has raised ₹2,400 crore debt from India’s largest lender SBI to refinance its existing debt and fund future expansion plans.
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