Top stock movers — RIL, Future Retail, HAL, Yes Bank, Max Healthcare, Maruti Suzuki, Granules India, HCL Tech, Adani Ports and more

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Top stock movers — RIL, Future Retail, HAL, Yes Bank, Max Healthcare, Maruti Suzuki, Granules India, HCL Tech, Adani Ports and more
BCCL
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Indian stock market index Sensex was trading flat after opening in green on Friday amidst negative cues from global markets.

The 30-share BSE index was down 40 points; while the Nifty shed nearly 7 points as of 10:06 am.

These were the top losers and gainers in the Nifty pack:

Top Nifty GainersTop Nifty Losers
Titan LimitedIndusInd Bank
InfratelAdani Ports
Britannia Eicher Motors
Maruti SuzukiHCL Tech
HDFC LifeNestle India
*as of September 11, 9:50 am

These are the top stocks that are buzzing in trade today:

Yes Bank trades 4% higher

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The shares of Yes Bank were trading 4% higher after the Bank said it repaid ₹50,000 crore that it procured from RBI under Reserve Bank’s special liquidity facility (SLF) amid the crisis faced by the lender earlier this year.

Reliance Industries trades 1% higher; Future Retail gains 5%

The shares of Mukesh Ambani owned RIL were trading nearly a percent higher after the company clarified on the news report about it selling Amazon $20 billion stakes in the retail arm. RIL said, “we do not comment on media speculation and rumours, and we cannot confirm or deny any transaction which may or may not be in the works.”

Its recently acquired Future Retail was also locked in a 5% upper circuit.

Max Healthcare trades 11% higher

The shares of recently listed Max Healthcare gained 11% as nearly 4 crore shares of the company were traded in multiple blocks on BSE.

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Maruti Suzuki up 2%

The shares of India’s largest carmaker Maruti Suzuki were trading 2% higher after the company’s promoter Suzuki Motor Corporation acquired 2.84 lakh shares from September 8-9.

HAL down 2%

The shares of state-owned Hindustan Aeronautics Limited (HAL) were trading 2% lower in red after it reported a 74% drop in its net profit to ₹148.7 for the first quarter ended June 30. The company’s overall revenue was down 47% compared to the same period last year.

Granules India opened 3% higher

The shares of Granules India opened 3% higher after its US subsidiary has received marketing approval from the US FDA for Dexmethylphenidate HCl extended-release capsules for the treatment of attention-deficit hyperactivity disorder.

SEE ALSO: India reports 96,760 new coronavirus cases — the biggest single-day addition by any country since the pandemic began

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