Top stock movers — Future Retail, IndiGo, Wipro, SpiceJet, Vodafone Idea, Dish TV, Tata Motors, ICICI Bank and more
- Sensex and Nifty began trade on a cautious note on Thursday.
- The Sensex was trading 32 points higher, while the Nifty50 was up 19 points.
- Check out the latest news and updates on Business Insider.
The Sensex was trading 32 points higher, while the Nifty50 was up 19 points.
*as of September 3, 9:50 am
|Top Nifty Gainers||Top Nifty Losers|
|Tata Motors||Shree Chem Industries|
These are the top stocks that are buzzing in trade today:
Future Retail shares hit 10% lower circuit for the second day in a row
Future Retail shares hit 10% lower circuit for the second day in a row even as Fitch placed it on ‘Rating Watch Positive’ post the stake sale to RIL. Also, the Government Pension Fund Global, one of the world’s largest sovereign wealth funds sold 95 lakh shares at ₹158.61 per share on September 1. According to reports, the Government Pension Fund Global fund held 2.28% stake in the Future Retail at the end of June.
IndiGo, SpiceJet shares gains 2%, GVK Infra up 5%
IndiGo and SpiceJet shares gained 2%, whereas GVK Infra was up 5% after the Civil Aviation Ministry raised domestic flight operations capacity to 60% from 45%
Vodafone-Idea shares gain for the second day in a row
Vodafone-Idea shares gained 8% for the second day in a row, during the early trade hours on September 3. The Vodafone-Idea board is due to meet tomorrow for considering the fundraising proposal. Reports also suggested that the U.S. wireless carrier Verizon Communications and Amazon.com Inc may invest more than $4 billion for a stake in the company.
Dish TV India shares gained 5%
Dish TV India gained 5% after the company on Wednesday reported a consolidated net profit of ₹74.54 crore for the quarter ended June. It had posted a net loss of ₹35.44 in the same quarter last year.
Tata Motors shares gains 2% after robust growth in overall domestic sales
Tata Motors shares gained 2% after it recorded 21.6% growth in overall domestic sales led by 154.0% growth in the passenger vehicle segment. However, the domestic, commercial vehicles segment declined 28% in August.
Rossari Biotech shares gained 2%
Rossari Biotech shares gained 2% after a financial advisory company, based in London, Plutus Wealth Management, bought nearly 3 lakh shares of the company at ₹773.82 per share.
Engineers India shares gained 3% on order form Gail India
Engineers India gained 3% after winning an order worth ₹4.48 billion from Gail India for setting up PP plant and pipeline at Uran.
SEE ALSO: Top stocks to watch— Future Retail, IndiGo, SpiceJet, Tata Motors, IndusInd Bank, Coal India, Engineers India, Rossari Biotech, Vodafone-Idea and more