Top stock movers — RIL, Bajaj Finance, Solara Active Pharma, Titan, Dixon Tech and more
- The 30-share BSE index Sensex surged 234.73 points, and the NSE Nifty jumped 0.59% at 10:00 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.
AdvertisementIndian stock market index, Sensex makes a U-turn after opening in red— led by the gains in the heavyweight indexes like RIL, HDFC and also positive cues from the Asian markets.
The 30-share BSE index Sensex surged 234.73 points, and the NSE Nifty jumped 0.59% at 10:00 am.
Here’s a list of the top losers and gainers in the Nifty pack.
*as of October 7, 9:55 am
|Top Nifty Gainers||Top Nifty Losers|
These are the top stocks in news today.
Bajaj Finance shares tank 5%
The share of Bajaj Finance tanked 5% after the company, in its quarterly update, said it would accelerate further provisioning for Covid-19. The new loans also declined sharply to 3.6 million from 6.5 million at the same time last year. This also moved Bajaj Finserv shares— which was down nearly 3%.
Solara Active Pharma shares leap 12%
The shares of Solara Active Pharma gained over 12% after brokerages increased the target price with a ‘buy’ rating. Macquarie has set the target price at ₹1680, whereas the global brokerage has set the target price at ₹2,100.
Dixon Tech shares soar 3%
The shares of Dixon Tech were up 3% after reports surfaced that the company's subsidiary Padget Electronics has been chosen as the domestic mobile phone manufacturing partner in the Production Linked Scheme.
Reliance Industries gains over 4%
The shares of Mukesh Ambani owned Reliance Industries soared 4% after the Abu Dhabi Investment Authority invested ₹5,512.50 crore in the Retail arm of RIL for a 1.20% equity stake.
AdvertisementTitan Company up over 4%
The shares of Titan Company soared 4% after the jewellery maker said that its business is almost back to the pre-COVID levels in its second quarterly update.
Britannia Industries jump 3%
The shares of consumer goods major Britannia Industries jumped 3% during the early trade hours after brokerages increased the target price for its shares with a ‘buy’ rating. The increase in the target price comes since FMCG companies have witnessed an improving sales picture in September.
SEE ALSO: Schitt’s Creek star Dan Levy lashes out at an Indian channel for censorship on the show
Top stocks to watch — SBI, RIL, TCS, Bajaj Finance, Dixon Tech and others
Popular on BI
- A 'hole' 30 times Earth's size has spread across the sun, blasting solar winds that'll hit our planet by end of this week
- Durjoy Datta tweets about Paytm UPI LITE making payments faster and easier, fellow author Ravinder Singh responds
- A former Twitter engineer said they watched colleagues 'drop like flies' from a virtual meeting during Elon Musk's mass layoffs
- Best water purifiers to buy in India 2023
- Desk-bombing, monk mode & other emerging trends at the workplace
- Crypto exchange Binance temporarily suspends all spot trading
- Samsung unveils Galaxy F14 5G with 6000 mAh battery in India
- Haircut on cases resolved through IBC not very encouraging, says Kotak report