Top stock movers — Reliance Industries, Vedanta, Britannia, Prabhat Dairy, HUL, TCS, L&T Construction and others

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Top stock movers — Reliance Industries, Vedanta, Britannia, Prabhat Dairy, HUL, TCS, L&T Construction and others
BCCL
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Indian stock market indices opened higher on Tuesday, tracking gains in banking and energy stocks, and amidst positive cues from Asian peers on renewed hopes for a new US stimulus package.

The 30-share BSE index Sensex was up 401 points, and the NSE Nifty was trading 0.92% higher at 9:55 am.

Here’s a list of the top losers and gainers in the Nifty pack.
Top Nifty GainersTop Nifty Losers
IndusInd BankBritannia
BPCLNestle India
Tata SteelHUL
HDFCTCS
Axis BankSBI Life
*as of October 21, 09:50 am

These are the top stocks in news today.

Reliance Industries gains over a percent

The shares of Mukesh Ambani-led Reliance Industries gained over a percent during the early trading hours on Wednesday. This after the telecom arm of the company, Reliance Jio, and the US-based Qualcomm joined hands to fast-track the deployment of 5G mobile internet in India.
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Prabhat Dairy jumps 12%

The shares of Prabhat Dairy jumped over 12% on Wednesday. The rally came despite the markets regulator SEBI directing Prabhat Dairy to cooperate with the forensic auditor and deposit over ₹1,292 crore in a nationalised bank within seven days until the conclusion of the audit.

Hindustan Zinc trades 4% higher

The shares of integrated mining and resources producer of zinc, Hindustan Zinc gained nearly 4% after its board approved the highest interim dividend in 12 years of ₹21.3 per share.

Vedanta rallies 4%

The shares of Vedanta rallied over 4% after it received ₹5,843 crore as a dividend amount from Hindustan Zinc. Vedanta held 64.92%, stake in the company as of September 30.
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L&T Construction gains over a percent

The shares of construction major L&T were trading 1% higher after it bagged construction projects worth in the range of ₹2,500-5,000 crore from “prestigious clients.”

Shriram Transport Finance gains 3%

The shares of Shriram Transport Finance gained over 3% after the company said it has raised ₹100 crore by issuing bonds on a private placement basis.

SEE ALSO: Top stocks to watch — RIL, IOC, ONGC, Cipla, Hindustan Zinc, Prabhat Dairy, and others
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