Top stock movers — HDFC, Adani Ports, Tata Motors, Infibeam Avenues, Majesco and more

• The 30-share BSE index Sensex surged 366.76 points, and the NSE Nifty jumped 92.35 points at 9:50 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 Sensex and Nifty piled on gains in the opening session, taking cues from positive global sentiment.

The 30-share BSE index Sensex surged 366.76 points, and the NSE Nifty jumped 92.35 points at 9:50 am.

Here’s a list of the top losers and gainers in the Nifty pack.
*as of October 6, 9:55 am

These are the top stocks in news today.

Tata Motors up over 5%

The shares of Indian auto giant Tata Motors soared 5% on improved Jaguar Land Rover (JLR) QoQ sales. The company said that the JLR sales improved by nearly 50% during the July-September quarter as against 74,067 units in the last quarter ended June 30.

Infibeam Avenues locked in 5% upper circuit

The shares of digital payments, e-commerce software company Infibeam Avenues was locked in a 5% upper circuit for the second day in a row. The rally came after Infibeam Avenues entered into a definitive agreement with Jio Platforms and its affiliates to license, customise, maintain and access our Enterprise E-commerce Software and Payments Platform for their business use.

Housing Development Finance Corp gains 4%

The Housing finance major HDFC Ltd shares were up 4% after the company told investors that its individual loan disbursements reached 95% of the level in the year-ago period, and September saw the strongest recovery since the outbreak of the COVID-19 pandemic, suggesting business is returning to pre-crisis levels.

Majesco Ltd locked in 5% upper circuit

The shares of Majesco were locked in a 5% upper circuit after the company said its board would consider a proposal for buyback of fully paid-up equity shares on October 8.

M&M leaps 3%

The shares of automaker Mahindra and Mahindra soared 3% after its recently launched SUV; the All-New Thar crossed 9,000 bookings in just 4 days. The All-New Thar becomes the only SUV in the 4X4 lifestyle category to record this booking milestone in such a short span of time, the company said.

Adani Ports up over 3%

The shares of Adani Ports gained over 3%, a day after it announced the completion of the acquisition of the Krishnapatnam Port Company (KPCL) for an enterprise value of ₹12,000 crore.

APSEZ now owns a controlling stake of 75% in KPCL, a multi-cargo port in southern Andhra Pradesh.

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