Top stock movers — RIL, PVR, Bajaj Auto, INOX Leisure, ONGC, Oil India and more

BCCL
Indian stock market indices, Sensex rallied over 450 points in early trade on Thursday, driven by gains in index-heavyweights HDFC, Reliance Industries and ICICI Bank amid positive cues from US equities. The 30-share index was trading 1.22% higher, and the NSE Nifty rose 128.45 points at 9:55 am.

Here’s a list of the top losers and gainers in the Nifty pack.

Top Nifty GainersTop Nifty Losers
Bajaj AutoONGC
IndusInd BankTitan
Bajaj Finance Britannia
Axis BankDr Reddy
Bajaj Finserv Ltd.Nestle India
*as of October 1, 10:00 am

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These are the top stocks in news today.

PVR and INOX Leisure surge led by Unlock 5.0 boost
The shares of cinema giants PVR and INOX Leisure surged over 11% during the early trade hours on Thursday. The rally was driven by the government decision of reopening cinema halls from October 15 as part of its Unlock 5.0 guidelines.

Reliance Industries (RIL) open 2% higher
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The shares of Mukesh Ambani owned Reliance Industries (RIL) soared 2% after the company raised another ₹1,875 crore from Silver Lake co-investors.

ONGC and Oil India trade in red
The shares of natural gas giants Oil and Natural Gas Corp and Oil India were trading in red after the Indian government slashed the rate by 25% to $1.79 for the period of October 2020 to March 2021. This is the price at which most of the natural gas produced in India is sold.

Bajaj Auto jumps 5% post September sales numbers
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The shares of auto manufacturer Bajaj Auto jumped 5% after it recorded stellar growth of 10% in its overall sales. The company said it recorded the highest ever sales in its export segment with a year-on-year growth of 14%.

KEC International gains 2%

The shares of KEC International gained 2% after the construction firm announced that it had bagged multiple orders worth ₹1,033 crore across business segments.

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