Top stock movers — Future Retail, INOX, PVR, Tata Elxsi, MTNL, Ashok Leyland and others
Oct 15, 2020, 10:36 IST
- The 30-share BSE index Sensex was down 37.38 points, and the NSE Nifty was trading 0.10% lower at 10:10 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.
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Choppy trade on Dalal Street this Thursday morning. Indian stock market indices Sensex and Nifty are tracking weak cues from the global markets. The 30-share BSE index Sensex was down 37.38 points, and the NSE Nifty was trading 0.10% lower at 10:10 am.
Here’s a list of the top losers and gainers in the Nifty pack.
Top Nifty Gainers | Top Nifty Losers |
HDFC | Tech Mahindra |
UPL | Wipro |
Tata Steel | HCL Tech |
Eicher Motors | TCS |
Coal India | Hindalco |
These are the top stocks in news today.
MTNL shares up 7%
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PVR and INOX Leisure shares up 1%
The shares of cinema giants PVR and INOX Leisure were up nearly 1% after Delhi, Haryana, and Uttar Pradesh decided to reopen cinema halls as per the MHA Unlock guidelines.
Tata Elxsi gains 5%
The Tata Elxsi shares gained over 5% — touching a new 52 week high, after the company reported a profit of ₹78.9 crore for the second quarter compared to ₹49.8 crore during the same period last year. The revenue rose to ₹430.2 crore from ₹385.8 crore in the year-ago period.
Ashok Leyland leaps 5% in a volatile market
The shares of automaker Ashok Leyland were up 5% after brokerages upgraded their rating to ‘Buy’. Axis Securities has pegged a target price of ₹90. Last week Edelweiss rated it ‘Buy’ with a target price of ₹83.
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Infosys up 4% in opening trade
The shares of Indian IT giant Infosys opened 4% higher after the company reported a stellar quarter led by record deal wins, and it has also raised the FY21 guidance. The company also gave its employees 100% variable pay over the last three months and restarted the promotion process for junior-level employees.
Future Retail up over 2%
The shares of Kishore Biyani-led Future Retail were up 2% after media reports citing industry sources claimed that Amazon could not challenge Future Group to deal with Reliance as it does not involve Future Coupons.
SEE ALSO: Infosys share price hits fresh 52-week high after highest-ever deal wins of over $3 billion
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